Robert Stacy McCain
The Other McCain
7/29/2011
Before President Obama’s speech, the Dow Jones Industrial Average was down 90 points. Now — as of 10:45 a.m. ET — it’s down 110 points.
Why? Because he used his speech for a partisan hit on the GOP as offering a bill that “does not solve the problem” and can’t pass Harry Reid’s Democrat-controlled Senate.
But the big question is: Will I win that $10 bet?
UPDATE: Hmmmm. Now a slight bounce — at 10:55, DJIA is off about 40 points around 12,200.
Nothing like a little wager to make you watch this stuff…
The article continues at The Other McCain.
At Protein Wisdom, White House trying to “prod” Ratings Agencies to endorse Reid “plan”
Because…you know…it’s The Chicago Way™.
Update: From GatewayPundit:
Barack Obama held a short press conference this morning to discuss the Republican’s debt plan. He still has no plan.
Look for Obama to do backflips explaining the latest GDP number.
Read the whole thing.
Update 2: The Virginian has an interesting collection of links in the post, Obama hits low of 40% in Gallup tracking poll. JammieWearingFool has details from the Gallup poll.
Update 3: Back at The Other McCain, RS McCain writes, “Pete Wins the $10. I Blame Soros.”
…It’s obvious to me that George Soros manipulated the market today just to screw me out of that $10. Some may call it “paranoia” to blame Soros — why should an evil billionaire care about a small wager between two minor right-wing bloggers? – but the evidence is clear enough.
Never mind that now. The Dow has fallen in each of the past six sessions, losing more than 580 points since closing at 12,724.41 July 21 — Wall Street’s worst week in a year.
Not bad enough to win me $10, but pretty bad…
Heh. Read the whole thing.
