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Thursday, August 18, 2011
A profile in failed leadership
Today's headlines say it all.
This weeks jobless claims are up again: new filings for unemployment 408,000
Gold bolted past $1800 an ounce
European equities suffered their biggest daily fall in two and a half years
The DOW dropped 419 points
And the president?
He left for his eleven day vacation on Martha's Vineyard.
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