Obama Has Deadline But No Clue
Obamachev has punched himself out. =)
Pride goeth before destruction, and an haughty spirit before a fall.
Better it is to be of an humble spirit with the lowly, than to divide the spoil with the proud.
— Proverbs 16: 18-19 (KJV)
“I think that we have stepped back from the abyss. I think we’ve put out the fire” Obama
http://market-ticker.denninger.net/
While the crash only took place six months ago, I am convinced we have now passed through the worst and with continued unity of effort we shall rapidly recover. There has been no significant bank or industrial failure. That danger, too, is safely behind us.
- Herbert Hoover, President of the United States, May 1, 1930