Closed at 8228 I believe -- a 279 point gain from the day before. Not bad considering the bleakness handed to him from the last in office. I'm withholding my judgement for now. I want to be fair and support the POTUS like a good American.
If he was doing the right thing I would support him too.
I'll give you my simple minded example...
The wifey and I are both working, have a new house, have a couple cars, a few credit cards, cell phones, cable, high speed internet and we eat out regularly....
She gets laid off and cant find a job.
What should we do,
A. We need to control the damage. Start cutting cost by reducing or eliminating cable, cell phones and eating out. She takes a part time job and draws unemployment looking for a full time job. We reduce all unnecessary spending until we have cash flowing back in.
B. Say the hell with it, we really need cable, cell phones and restaurants and use our credit cards. As a matter of fact, I think I need more channels, a bigger cell plan and I want steak three times a week.
So lets see, which one did Obama and his pals choose?
Yeah there was a rally on the stock market and I'm sure anytime Daddy Warbucks Obama whips out his credit card, it will happen again. But guess what, Obama and all these happy people aren't paying his credit card bills.
You and I are...