This is what desperation looks like:

From CNBC:

While gridlock in D.C. is nothing new, “this time I think Wall Street should be concerned,” Obama said.

While saying that he doesn’t make decisions based on the performance of the stock market, the president nonetheless said that the current impasse could have a huge impact on business.

“It is important for [Wall Street] to recognize that this is going to have a profound impact on our economy and their bottom lines, their employees and their shareholders,” Obama said.

What is the purpose of these remarks, other than to drum up fear?


Parting food for thought from Ace:

Editor’s note: This post has been updated with additional tweets.