Now that’s a Vote of No Confidence !
Posted on January 22, 2008 by jack3566
Shrub came out with his comments on the need for tax cuts as an economic stimulus and the US stock market dropped like a rock, with the rest of the world following, losing 5 to 10% very quickly.
That’s a overwhelming, worldwide Vote of No Confidence.
The State of the Union speech is going to be really interesting.
Nothing screws up the market more than the federal government (Bush or Congress) announcing they’re going to ‘fix things’.