By David Heishman –
March 1st, 2013. Sequester day. According to President Obama, the beginning of the end.
I won’t reiterate all that laundry list of terrible consequence he thought he might have the opportunity to make happen. Rahm Emanuel, Obama’s Chief of Staff during first administration, now Mayor of Chicago said: “You never let a serious crisis go to waste. And what I mean by that it’s an opportunity to do things you think you could not do before.”
Obama has done his best to turn Sequestration into just such a serious crises. With immigration, gun control and Obamacare implementation all crowding his agenda, sequestration might distract enough folks long enough to slide those other initiatives by.
He failed. Americans didn’t buy it.
How can I say such a thing? How can I not see that the great man was only trying to prepare me for his manufactured armageddon? How can I not see that although horrible things have not happened in my life yet, they must be bashing the crap out of the rest of Americans who are just out of sight?
March 1st, 2013. First day of the longest positive move in Dow Jones Industrial Average (DJIA) in sixteen years. Ten days. For ten solid day’s trading on America’s stock exchanges, beginning with Sequester Day, the premier trading index gained value.