I’m not kidding. Obama thinks now is the time to jump into the stock market. Yes, the market is in free-fall at the moment, but he’s thinking long term.
Let’s see, what kind of deals are out there? AIG? Sure, they just got another wasted cash infusion-courtesy of you. Citigroup? Now there’s a deal. Never mind that they just handed over 36% of the company to Obama. Bank of America? How about a good honest return on that stock? They may need billions more though to make themselves viable again. Hang on. Wait BHO, how about the big three? Sure, buy American (like those parts are actually manufactured in the U.S.), and jump start the economy with a good, sound investment like that.
Who’s this guy trying to kid anyway? Just because he thinks the profit and earnings ratios of these comp-wait, what hell is a profit and earnings ratio? You mean price/earnings? Well, maybe it’s just a matter of semantics. After all, hasn’t Obama put politics and ideology aside and shown great economic insight? Right. And Bernie Madoff is innocent until proven guilty.