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Dow hits 11+ year low under Obama Administration -- 2.23.09

added by PaulFVillarreal
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Dow hits 11+ year low under Obama Administration -- 2.23.09







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Added: 23-02-2009
Runtime: 3m 2s
Views: 513
Comments: 3

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(Feb 23, 2009) -- The Dow Jones, the symbol of American economic health, hits its lowest level since May 7, 1997. As the United States' economy plummets, President Barack Obama is dealt the latest in a series of public humiliations. Since last week, this is the third time Obama has made a televised public appearance which resulted in the market taking a downward turn following his remarks. President Obama warned of economic catastrophe. It appears, ironically, as though his and his administration's measures have been the catalysts to send the American financial system over the metaphorical cliff.


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