Leave it to an Democratic President and Congress to have a crisis and go off on a PREEMTIVE UNILATERAL course of action ⦠" Disagreements between the European Union and the US over how to combat the global recession widened on Tuesday as EU governments made clear they had little appetite for piling up more debt to fight the collapse in output and jobs. Finance ministers from the 27-nation bloc insisted in Brussels that it was doing enough to support world demand and did not need at present to adopt another fiscal stimulus plan, as Washington is urging."
The post graduate elites have an alliance with a fairly motley crew of characters, according to this graph, and might explain why the Dow doesn't like a single sentence uttered by them. Yes, the path of the wise does seem to diverge from the educated.
People who voted for Obama were the same type fools that voted for Jimmy Carter. All my college buddies liked ole Jimmy while anyone with a brain could see what a joke he was was going to be. I tried to talk sense to them but most of them were little rich kids who had never worked a day in their lives. You can't tell anyone like that anything. Same with Obama. What a joke.