DOW Industrials Plunge NO Recovery In Sight

Dow Jones Insustrials After the Fall

The DOW bottom in 2002 and the bottom in 2009 and the14000 point middle displays clearly the loss of fortunes and the current sentiment of the dollar voting public.  The difference this time is the government involvement in the markets.  It is a well known fact that FDR’s government programs after the 1929 crash prolonged the depression.  The question here is whether, as many are chanting, “we are on the brink of a new bull rally.”

If history is any indication we are headed for more rough times especially when the Obama debt payments start cutting down profits to pay for welfare programs, bank bail outs, auto defaults, insurance busts and fighting two wars.  The $3.5 trillion dollar budget must be paid for and unemployment is running higher and higher with Obama calling for the rich to pay for the trillions in social programs.  These are the same people who have the ability to invest in business and create economic growth.

The full brunt of the Obama debt has not showed up on the economy yet, nor has the government massive spending program on infrastructure that is not needed, like wind power and green cars and cap and trade taxes to stop global warming at the expense of our sick economy.  The DOW is moving because the impact of government debt has not even been conceptualized by Americans.  When the full understanding of Obama’s words verses Obama’s actions wake up America, the engine of business will be running out of gas and with it what is left of American wealth.