Way to go, Barack Obama. Nice disastrous speech you gave there.
Uplifting. Really turned the markets around.
Obama gave an astounding speech earlier today. The Dow was already down hard but tanked to 500 lower after Obama declared credit ratings meaningless. He actually said the following at 6:28:
"No matter what some agency may say, we've always been and always will be a triple-A country."
Typical Marxist endgame propaganda. Namely that REALITY IS NOT REALITY. PERCEPTION IS REALITY. FEELING and SENTIMENT ARE REALITY. No matter what objective reality may show you, the only reality is what the state TELLS you it is. If we FEEL that we are still AAA, then we are still AAA and reality does not matter.
THAT is when the DOW started to really tank. This is just about the single most terrifying thing that the market could possibly hear. Markets don't like it when heads of state publicly and explicitly declare that they are officially divorcing from reality.
Hey, look on the bright side! We might still be underdog to France, but at least we're still beating Spain, right?
Wait...
Sigh.
Nevermind.
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