Why doesn't Obama offer some encouraging words on the economy or stock market?
Labels: Economy

My new book - At the Brink: Will Obama Push Us Over the Edge? You can click on the above picture to be linked to Amazon.
Welcome! Follow me on twitter at @johnrlottjr . Please e-mail questions to johnrlott@aol.com.
Labels: Economy
6 Comments:
Mr. Lott,
I have a deep suspicion that with the stock market falling in the neighborhood of -1600 points since election day, it is a subtle statement being made by clear-headed people that perhaps we aren't all caught up in the "Messiah" frenzy.
With that thought in mind, and to answer your question "Why doesn't Obama offer some encouraging words on the economy or stock market?", I doubt that if he's the underlying cause,he wants to be anywhere near any encouraging words....
I think Richard's take on the stock market is right on the mark...
I mean consider the big picture...
Obama wins, market dives into the basement and then some...
Firearms sales soar to the point that some places are back ordering certain types of pistols and ammunition...
Coincidence?
I think not...
Methinks that BHO answered your question, Dr. Lott. Albeit in a roundabout fashion...
Richard:
I would also add that since his change.gov website went over like a draft card at a grateful dead concert, he probably doesn't want to make any more prognostications.
Because he's a putz and the market knows his entire purpose is their destruction?
Perhaps BHO and his staff simply wish to place as much blame on the Republicans as possible, and then rush in to claim victory after the coronation, err, I mean inauguration.
Much has been reported about how the Stock Market went up after the selection of Timothy Geithner, and I expect to see more of this.
From a tactical perspective, I must assume that BHO is following the old adage of "It is better to remain silent, and be thought a fool, than to open one's mouth and remove all doubt." I can also see where BHO, by not interfering with the current mess, allows himself a convenient scapegoat to put forth as an excuse. 'After all, it was the Bush Administration that pushed all those bad decisions through before I was inaugurated.' Which of course sets up even more excuses for the future. 'Gee, it's gonna take me a long time to undo all those bad decisions that Bush made.'
Heck, BHO himself won't even have to say that himself. He has lackeys that will do that for him.
Post a Comment
Links to this post:
Create a Link
<< Home