November 05, 2008

The Markets React To Obama

Well, Wall Street sees economic disaster under the new president.

One day after rallying as Americans went to the polls, stocks dropped amid more evidence that the economy is stumbling badly.

The Dow Jones Industrial Average, which had surged 305 points on Election Day, fell 486.01 points, or 5.1%, to 9139.27. The loss marked the biggest one-day loss for blue chips since Oct. 22 and lowest close since Oct. 29 after a week of relative optimism. The industrials are down 31% for the year.

HeÂ’s not even been sworn in yet, and heÂ’s already caused serious economic disruption. Just imagine what his policies will do to the economy once he has a chance to implement them.

I guess that after four years of being in the pocket of Freddie and Fannie, I can be sure that the next four years will lead to Barack Obama being remembered as the worst economic president since Hoover.

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An ObamaNation

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November 03, 2008

Sad News For Obama -- And An Observation

I, along with all people of goodwill, offer my sincere condolences to Barack Obama upon hearing this sad news.

Democratic presidential candidate Barack Obama's grandmother died of cancer, he said in a statement on Monday, a little more than a week after he interrupted the White House campaign to say goodbye to her in Hawaii.

"It is with great sadness that we announce that our grandmother, Madelyn Dunham, has died peacefully after a battle with cancer," Obama said in a joint statement with his sister, Maya Soetoro-Ng. "She was the cornerstone of our family, and a woman of extraordinary accomplishment, strength and humility."

Dunham, 86, helped raise Obama from the age of 10 while his mother was working in Indonesia, and Obama took an emotional 22-hour trip to Hawaii to visit her on October 23 and 24.

I lost my dear grandmother four years ago, shortly after starting my blog. I still grieve. We lost my mother-in-law this spring, and that loss remains very fresh with both my wife and I. I can therefore feel nothing but compassion for a candidate who I unashamedly reject as unfit for office, but in whom I recognize our common humanity. May he and his family know God's comfort at this time.

But let me make a small observation about this story, and what we will not see in its wake.

We will not see any conservative or Republican website of any import suggest that Madelyn Dunham died of anything other than natural causes. In particular, we will not find any bloggers for national publications suggesting that Mrs. Dunham's death was staged by or assisted by the Obama campaign for her grandson's political advantage. Indeed, his loss will be treated with the respect it deserves.

Contrast that with the continued conspiracy theories of the Left regarding Sarah palin's most recent pregnancy and whether or not she is the mother of her youngest child, Trig. Nor will any comedy show suggest that Michelle Obama secretly did the old woman in, as SNL suggested that Todd Palin was the actual father of Bristol Palin's unborn child.

But then again, decency is a staple of the Right -- it is notoriously lacking on the Left.

More At Malkin, Hot Air, Hugh Hewitt

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