Tag Archive for stock market

Obama Temper Tantrum Rocks Dow

Obama finger

This morning the Dow started the day at about 14,900. Before noon, news leaked that a call was made to Speaker Boehner by the President to tell him that there would be no negotiations. Obama Call to Boehner: No Negotiations Without…

Extractor Economics

Capitol Senate

Jeffrey Lord linked to the Hannity Special on how the well connected in DC are getting richer while the rest of the country gets poorer, and expanded on what Lord calls the “extractor economy.” What drives Washington’s soaring affluence —…

Obama Must Have Stayed Quiet Today

I see the stock market made some gains today. President Obama must have avoided speaking publicly. CNBC reported the good news: The Dow Jones Industrial Average soared 429.92 points, or 3.98 percent, to close at 11,239.77, after fluctuating heavily in…