Tuesday, June 06, 2006

The market speaks.

The market speaks. WSJ: "The Dow Jones Industrial Average, which fell nearly 200 points yesterday, lost another 90 points to 10969, taking it below the 11000-point level breached early this year. If the pace of selling holds, the Dow's total two-day decline would be the worst of the year, topping a 2.55% swoon on May 17-18." It's continuing to fall as I write this, and the market's not closed yet.

That's what happens when banning gay marriage is more important than preventing Central Asian wars or enforcing federal fiscal discipline.