Good evening.

I’ve had some time to take a close look at what happened in the market today.

The market repudiated Obama and his big spending plans today.

In addition, it was a total wipe out of the financial sector.

Bank of America, Citigroup, State Street bank stock is toast. Their stock value is near zero.

The Market basically told Obama that they do not think he has any answers that will work. His far left stuff about nationalized healthcare and going after the prosperous fell flat.

Obama may have trouble getting votes for his big spending plans. The Republicans should serve notice right now that they will vote no and the Dem’s will have to pass it all themselves.

It’s going to be ugly for quite a while.