Hoosier Illuminati

Welcome to The Hoosier Illuminati. Macintosh bigot, clothes horse, motorsports fanatic (as long as they turn right), Anglophile.

Clothes and manners do not make the man; but when he is made, they greatly improve his appearance. --Henry Ward Beecher

Tuesday, January 20, 2009

The Markets…

Don’t seem to have the same faith in the Deity-in-Chief as the media does.

NEW YORK (AP)—The dawn of the Obama presidency could not shake the stock market from its dejection over the rapidly deteriorating state of the banking industry.

Financial stocks, many of them falling by double digit percentages, led a huge drop on Wall Street Tuesday that left the major indexes down more than 4 percent and the Dow Jones industrials down 332 points.

written by Jeff at 7:05pm
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