Wednesday, June 17, 2009

Spin Central

So yesterday our fearless leader (Obama, in case that statement sparked a rousing round of "Who?") said “Wall Street seems to maybe have a short memory about how close we were to the abyss than I would have expected.”

It was just March 13th that I was complaining because of all the economic cheerleading by the administration. Bernanke was on 60 minutes that week. Obama was telling us we were going to get through this. Summers flapped his lips too.

I'm a cynic when it comes to politicians anyway. But I can't help but think that maybe, just maybe, the administration doesn't want the market to do well now because they haven't 'saved' it yet. And if they don't save us, will we vote for them next year?

No comments: