Stock Market Tumbles After Obama Signs “Stimulus” Pork Bill Into Law

Which isn’t a shock,because the “stimulus” is little more than a government spending bill that’s going to add more tax burden to the economy.But what’s interesting is that the stock market has fallen 2,000 points since Obama took office, and yet we’re not hearing a peep about that from the media.
On Nov. 4, after Barack Obama clinched the White House, the market closed at 9,625.28.
In mid-morning trading today, the day President Obama signs his massive Generational Theft Act into law and a day before he unveils a massive new mortgage entitlement, the Dow dropped to to 7,606.53.
I have a feeling that if Bush had seen a 2,000 point drop in the stock markets post-inauguration-and if he’d seen a massive drop immediately after signing some major economic bill he’d just got done ram-rodding through Congress-the media would be all about hanging the drop around his neck, whether it was fair to or not.Regardless, the simple truth is that Obama and the Democrats just hurt the economy with this bill.
By Rob

http://sayanythingblog.com/entry/stock_market_tumbles_after_obama_signs_stimulus_pork_bill_into_law/

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