Those few benefiting from your massive paybacks are, no doubt, overjoyed at such a short-sighted and unneeded effort.
Not a single Republican voted for this unbelievable waste of money. Our stock market weighed in by diving into the tank, big time. The democrat-controlled Congressional Budget Office, that you ignored because your Chicago-style political payoffs were far more important than avoiding any effort to keep us out from under the most massive mountain of debt heaped onto this country since our inception, indicated that this entire ripoff was not needed... and that it's implementation will actually make our situation worse.
And now, it looks like the entire world has weighed in on your incompetence, and their vote is:
Thumbs down.
Stock markets all over the PLANET tanked in response to your idiocy yesterday. Turbo Tax Timmy's incompetence, when combined with your moronic vision, has just been far too much to overcome.
In a manner of speaking, I want to congratulate your efforts to date as president. You've managed to weaken us more then any other enemy we've ever had; you've managed to rip us off for trillions, and you've managed to turn our economy into a punchline for generations to come.
Thank you SOOOOO much for your efforts to destroy this great country. You've easily lived up to your advanced notice, and again, we're going to start to LONG for the days of George Bush... all thanks to you.
World stocks sag on concerns about Obama plans
World stock markets fell Thursday amid pessimism about the Obama administration's plans to fix the U.S. banking system and restore the overall health of the world's largest economy. European stocks were also undermined by a raft of disappointing earnings.
AP Business Writer
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World stock markets fell Thursday amid pessimism about the Obama administration's plans to fix the U.S. banking system and restore the overall health of the world's largest economy. European stocks were also undermined by a raft of disappointing earnings.
The FTSE 100 index of leading British shares fell 58.82 points, or 1.4 percent, to 4,175.44, while Germany's DAX declined 96.81 points, or 2.1 percent, to 4,433.28. The CAC-40 in France was 45.08 points, or 1.5 percent, lower at 2,982.64.
Sentiment in Europe, already depressed by further losses in Asia earlier, was hit by the news that a number of companies across the continent reported worse than expected earnings and predicted further difficulties for the months ahead.
In Britain, drinks maker Diageo warned that its profits for the 2008-9 fiscal year would be lower than previously anticipated because of the global economic slowdown, while BT PLC, the telecommunications company, issued its fourth profit warning in the space of just six months as a result of further one-off charges.
Meanwhile in France, EDF, the world's biggest nuclear reactor operator, reported a 40 percent drop in net profit last year, due mainly to a provision related to changes in the regulation of power rates. And carmaker Renault SA swung into the red in the second half of the year and said it expected the outlook to darken further this year as the economic crisis continues to ravage car sales.
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