John Boehner Then And Now

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Good news:

The Dow Jones Industrial Average hit the 10000 mark briefly Wednesday afternoon for the first time in a year, as surprisingly positive earnings reports from Inteland J.P. Morgan Chasehelped fuel already recovering global economic sentiment.

The Dow had been flirting with the 10000 level throughout the session, and finally reached the psychologically important mark around 1:22 p.m.

And while we can't expect Republicans to celebrate this news like, say for instance, they would celebrate the United States losing out on a bid to host the Olympics, this is ridiculous par for the course:

Dow 10,000 just isn't that big a deal, House Republican leader John Boehner said Wednesday morning.

And anyone who places significance on the stock market hitting this symbolic number is "certainly not talking to the American people."

Of course the tanned one was singing a different tune in October, 2008 (via a Nexis search):

"I do think that the big [stock market] drop on Monday really had a chilling effect on a lot of our members and a lot of their constituents," Boehner said on Fox News.

... and in March, 2009:

Political operatives in the White House are trying to divert attention away from the challenges facing our economy, the sinking stock market, and the irresponsible spending binge they are presiding over. This diversionary tactic will not create a single job or help a single family struggling in today's economic crisis. That's where our focus should be.

Who's diverting attention now, Mr. Boehner?

http://www.dailykos.com/

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Steve,

For chrissakes. Boehner is a #######, we all know that.

But there's a big difference between asserting - correctly - that the huge, sudden drops in the broader markets last October were serious, and the whoop-de-doo partying that CNBC bubbleheads are doing over some silly metric like DJI 10,000. Boehner is right - it just doesn't matter. "Psychologically important"?? To whom? Bubbleheads.