Monday, March 16, 2020

Quote Of The Day


CNN's John Harwood, explaining why markets don't trust narcissist incompetent Donald "Moron Vector" Trump to handle the coronavirus crisis and the attendant economic downturn:

"The reasons why grow increasingly evident over time. The qualities of leadership nervous investors yearn for -- candor, command of facts, stability and predictability -- are qualities that Trump's record shows him temperamentally incapable of providing. [snip]

"At every turn, Trump has proven unable to acknowledge mistakes of judgment or execution, demonstrate understanding of the crisis, and gird Americans for hard times ahead. He praises his own performance while blaming difficulties on others: Europe, President Barack Obama, the news media, Democrats, the Federal Reserve, the Centers for Disease Control and Prevention."

Note:  The Dow lost nearly 3,000 points today, the biggest point drop in history, roughly a 13 percent loss. But, Trump rates his performance a "10 out of 10," so no worries!