It seems that Obama is starting to really rankle some people in the investment community.
The man has had the shortest honeymoon since George Bailey had a run on his savings and loans within seconds of saying "I do." His staff is less in synch than a fifth grade marching band. He’s somehow managed to make the insult “tax-and-spend liberal” seem not only utterly insufficient as a gibe, but the closest thing the president has to a coordinated policy.
The Dow Jones Industrial Average has fallen over 1300 points and 16% since President Obama’s inauguration, yet he and his staff members continue to complain about the problems they “inherited." I waited 3 and a half years to take the scarlet W off my sweater for voting Republican in 2000 and 2004, and I’m pining for W less than 2 months into the post-Bush era.
This was a guy that "Voted for Change." I think he may have mistook what the word change meant. It was the coin variety and not actual change. Macke has a 3 point plan on how Obama could get back on his pedestal and I tend to agree with him.