Good for Wall Street

So I was watching Real Time with Bill Maher from last Friday (full disclosure, you know I dvr'ed and watched it on Sunday, but same difference). And he has this writer on there Joe Queenan who right off strikes me as a serious asshat (and no he wasn't a conservative—he was a liberal, see I am not a blanket love all my lefty-types gal after all). I will say that he made several good points, but he got my dander up when Bill asked the panel to grade President Obama.

Queenan said that if the stock market had closed on Friday over 9,000 (I believe this was his number) he would give Obama a 90-something (aka an A), but that if it closed under he gave him an 87 or a B.

What Mr. Queenan was oh-so-less than subtely implying was that if Wall Street is happy the rest of us are doing OK. Uh, dude? Not so much. I mean yahoo and all that Goldman and Bank of America are making money, but that doesn't mean that the REAL America, the folks I see in the grocery day in and day out are hunky dory. Corporate America and therefore the stock market is doing well and making money because THEY ARE LAYING PEOPLE OFF. STILL. I can't say that with enough implied screaming.

I would never say that my life or little world is indicative of how the rest of the country is going, but chew on this little tidbit gentle readers, I live on a corner, two houses down from me one member of that household has been laid off for at least six months now. My immediate neighbor just got laid off on Friday and of course I was laid off the end of April. So three houses in a row, all have members who have been a victim of this recession. And don't even get me started on how all three are women. Nothing funny afoot there at all.

So Mr. Queenan, you can take your stock market rally and shove it up your sanctimonious ass, as far as I am concerned. That is not to say that I don't believe that a lot of what Obama has done is good, I do. But some of it ain't, mostly as it pertains to the money the banks got and the fact that there weren't enough rules and regulations placed on how they had to use that money. But you know the stock market closed over 9,000, why aren't we all happier?