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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