Three Months and 2,000 Points Ago....

53% of the American people elected Barack Obama as our president. Michelle Malkin points out that the markets have not been enthusiastic:

On Nov. 4, after Barack Obama clinched the White House, the market closed at 9,625.28.

In mid-morning trading today, the day President Obama signs his massive Generational Theft Act into law and a day before he unveils a massive new mortgage entitlement, the Dow dropped to to 7,606.53.

As I write this the market is trading at 7,607, down 242 points on this day the Porkulus Bill becomes law. (UPDATE: Dow ended the day at 7,552, down 298.)

Hope. Change.

Back in September when the financial crisis first started exploding one expert claimed that if a bailout bill wasn't passed the Dow would drop to 8,300. Well, several bailouts have passed and the Dow is at 7,600.

I guess we should have just done nothing.