Saturday, April 04, 2009
Early April 2009
By early April 2009, President Obama had spun a story that had caused the stock markets to rebound from their post-inauguration lows. They were really spurred by speculators trying to make money on commodities and the stock market before the world economy took an even worse turn. The President and his partisans had effectively used the panic in the country to allow a binge of wasteful spending that would do little good to restore the country's economic health. Time was working against the President, as events continued to move forward and there was increasing fear of civil unrest as more people were laid off from work.