Highlights this week on the economy, Cramer, Gibbs, “Wealth Destruction”

Jim Cramer, “Greatest wealth destruction by a president.”

Robert Gibbs responds (giggling).

Cramer responds to Gibbs Here.

GOP Sen. John McCain’s amendment to strip the omni-pork package of an estimated 8,500 earmarks worth roughly $8 billion was defeated yesterday afternoon.

See yeas and nays Here.

Some of the same republicans voting against this, Snowe, Collins, Specter, among others.

Rewind:

“”During the 2008 presidential campaign, candidates Barack Obama and John McCain fought vigorously over who would be toughest on congressional earmarks.

“We need earmark reform,” Obama said in September during a presidential debate in Oxford, Miss. “And when I’m president, I will go line by line to make sure that we are not spending money unwisely.””

Dow up 149 points today closing at 6876.
Dow was 9000+ in January.

Posted:  03.04.09

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Filed under Barack Obama, Financial Crisis, Human Interest, politics, President Barack Obama, Uncategorized

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