Wall St falls as Obama speech fails to spur
by Leah Schnurr via fleet - Reuters Wednesday, Feb 25 2009, 9:24am
international /
social/political /
commentary
Dead man breathing -- just!
Obama failed long before he addressed the joint session of Congress yesterday. All his exhortations and sales pitches amount to naught for very VALID reasons. Someone forgot to lay a SOLID foundation upon which to build the new nation!
Obama PROMISED but FAILED to REDEEM THE NATION from its CRIMINAL PAST. Obama’s presidency is therefore STILLBORN, DEAD; it failed before it began. A nation must first be RE-VITALISED before it can progress. America MUST confront itself and purge its POISONOUS past before it has a hope of future viability. Ignoring the horrendous crimes of the past only weakens the nation’s ‘soul’ or national psyche; DENIAL is literally KILLING the nation from within!
Catharsis precedes all healing and allows for new directions, as the baggage of the past is no longer carried by the population – the nation MUST address the issues that are killing the peoples’ will to survive! The previous regime must answer for its crimes or the nation perishes – REDEMPTION before RE-CONSTRUCTION!
After Obama attended the Bilderberg meeting with his ‘opponent’ Hillary Clinton, it became clear to anyone with half a brain that Obama would serve EXACTLY the same interests that lorded over the Bush regime!
Markets reacted negatively to Obama’s address to Congress for very sound reasons – there are too many ‘ifs’ in the equation and nothing kills markets like DOUBT and uncertainty!
The people lack the motivation, courage and will to pull themselves out of the hole that has been dug for them by the Clinton and Bush regimes. Ignoring the fiascos of the recent past eats at the very SOUL of the nation– think of the principles upon which the nation was formed and what the nation has become and it will be readily appreciated why HEALING is necessary before new directions are possible.
If the American people fail to address and deal with the horrors of the recent past, frankly, America has not a hope in hell of succeeding! The reason the new administration fails to address the real issues that threaten the nation is that it is part of the problem!
Reuters report follows:
NEW YORK, Feb 25 (Reuters) - U.S. stocks fell on Wednesday on disappointment U.S. President Barack Obama provided few new clues about how his administration would shore up the economy in a major speech before Congress.
Late on Tuesday Obama sought to reassure the country it would emerge stronger from the crisis but investors found little in his speech that could help the market hold onto its attempted rebound on Tuesday from 12-year lows. For more see [ID:nN24394594].
The Dow Jones industrial average .DJI fell 38.95 points, or 0.53 percent, to 7,311.99. The Standard & Poor's 500 Index .SPX was off 5.01 points, or 0.65 percent, to 768.13. The Nasdaq Composite Index .IXIC was down 14.73 points, or 1.02 percent, at 1,427.10.
http://www.reuters.com/article/usMktRpt/idUSN2547680120090225