I learned from the news Tuesday that the stock market went down 64 points for exactly one reason: some fools in Congress have dared to question the Lord Obama’s perfect $1 trillion “stimulus” plan.
This new and improved stimulus is not be confused with the previous $1 trillion bailout from just a few weeks ago, or the $151 billion stimulus checks from a few months before that, or even the $45 billion bailout of auto makers that came in between, or especially the regular federal spending for the year of a whopping $3 trillion. No, this is a new plan to borrow and spend money on a gargantuan scale, and one that will somehow work better than all those others because the man in the White House now “cares” about us peons.
Unfortunately for the people selling this snake oil, someone noticed at some point that the “new” stimulus was really just a collection of stale old pork barrel pet projects that had been relabeled as a carefully considered plan. And opposition to it as nothing but a historic waste of money began to grow. Such obvious interference with supreme wisdom then, apparently, caused everyone who owns stocks (all of whom believe that the plan is just great) to run out and sell stocks randomly in a tantrum. At least that is what the media would have you believe.....
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