"I am one of those who do not believe the national debt is a national blessing...it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."
—Andrew Jackson, letter, April 26, 1824
Monday, August 17, 2009
The last time this happened it got sucked back in. I don't think so this time given the dow vol donimance this move has vs. the last time.