Obama Wealth Destruction Continues: Dow Collapses

By Cristina Alesci and Jeff Kearns

March 5 (Bloomberg) -- U.S. and European stocks tumbled, driving the Standard & Poor’s 500 Index to the lowest level since 1996, after Moody’s Investors Service said it may cut JPMorgan Chase & Co.’s credit rating and China quelled speculation the government will add to its stimulus plan.

How is Obama causing the collapse:

• Lets see, we have energy policies that increase the cost of energy.
• A lunatic budget not based real economic numbers, that wants to raise taxes on all of us.
• A foreign policy that is pretends nuclear proliferation is a small concern.
• A stimulus bill with little pump priming but a great deal of payoff as well being indifferent to small business.
• Another spending bill larded with pork and ear marks.
• A housing bill that tells rewards the worthless and greedy.

Look the economy was sour when Obama took office, but clearly his policies are aggravating the situation at our nations expense.