Downgrade Meltdown

August 8, 2011   Economy, Obama, stock market, Wall St.

The president appeared on TV today – 5o minutes late – to calm the markets in the wake of the S&P downgrade on US debt.  He proclaimed that the United States always has been, and always will be, a Triple A country. Then he resolved to raise taxes.  The Dow tanked 635 points.






Go to Bokbluster Home Page

Get to Know Chip Bok

, , , ,

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>