Once is an Accident, Twice is a Coincidence. Three Times Looks Like ...

Carelessness? Closer to stupidity, I'd say. Is there a major country anywhere run by such a collection of clowns, crooks,and losers as is the United States? The House passes the Soviet Economy Emulation Act of 2008 and the market, which had been up nearly 4 per cent, promptly tanks. In the words of the Financial Times:

Reaction on Wall Street turned increasingly negative after the vote. The S&P 500 – which rose as much as 3.6 per cent ahead of the decision – fell 1.4 per cent, closing below its level on Monday after the House voted against the bill.