[1]The stock market today took a nosedive worse than anything we’ve experienced since before Obama’s inauguration, with the Dow-Jones Industrial Average dropping over 500 points [2].
President Obama’s response? Well, he’s recovering from his multi-million-dollar birthday party fundraiser [3] in Chicago last night and preparing for his taxpayer-funded campaign bus tour [4] of battleground states.
But speaking on our president’s behalf on a day when investors lost millions of dollars, his spokesmouth, Jay Carney, confidently reflected his boss’ decisive presidential leadership by declaring [5], “Markets go up and down” – and then blaming everyone in the world except, of course, Obama.