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Friday, March 06, 2009

It's not the budget, stupid


Barack Obama's "proposed" budget is not destroying the Dow. The financial services industry is. Anyone who blames Obama for today's stock market woes is playing politics and should not be engaged. That being said, the lack of staff at Treasury and Tim Geithner's deer-in-headlights, denial based approach to the situation is not helping. But Obama's budget as the root of all evil, sorry, try again.