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Stock Market Yo-Yo Watch

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Rancher3/02/2009 11:10:14 am PST

Don’t expect the DOW to recover anytime soon. One way Obama plans to take advantage of the Franks and Dodd sponsored crises is to use the budget reconciliation process to by-pass filibusters.

Obama Floats Controversial Procedural Move

As OMB director Peter Orszag said “We have to keep everything on the table. We want to get these…. important things done this year.” The NY Times agrees. Remember when the GOP was too nice to use the “nuclear option” to get rid of Democratic obstruction on Bush appointed Judges? Well look for this congress to do anything and every thing necessary to pass their socialist agenda. Look for the DOW to fall further and further as this crap is passed and look for Obama to push more and more crap to fight the “crises” that they are making worse. Talk about a vicious circle. David Kahane brags at NRO about how the leftist media set the narrative for Obama to win and for the new narrative “capitalism = bad, socialism = good”. As he says in the article “You should have nuked us when you had the chance.” If the GOP ever gets control of any bit of the government back we better grow a pair.