Honeymoon? What honeymoon?

Consider the case of poor President-elect Obama. The bloom is definitely off the rose. [Insert your own tired cliche here.] The economy continues to tank as evidenced by the massive sell-off in the stock market. Any why not? What sane person would remain in it?

The one thing markets always like is stability. And they ain't getting it from The Most Munificent Lord Barack, Spreader of Wealth and All That is Good (May He Live for an Eternity and a Day). Instead, the investor class (all those people with 401Ks) gets mixed messages: Gov Jennifer Granholm of the People's Republic of Michigan appears on a stage with him and several economic advisors. Wink-wink, the Big Three Auto Makers are going to be bailed out. Quick! Buy GM stock which is now at $2! But wait, what's this about RFK jr as head of EPA? Talk about a jack-booted thug whose going to have us all driving golf carts by the end of 2010. And then there's Eric Holder, the Savior of fugitive financier Marc Rich in the closing days of the Clinton Administration. The man who also recommended pardons for the FALN, a Puerto Rican terrorist group.

We gotta raise cap gains! Maybe we wont let the Bush tax cuts expire in 2010! Get rid of Don't Ask/Don't Tell! Support anti-gay marriage amendments! Get out of Iraq by who knows when? Who knows what I'll do? All of this is having a deleterious effect on confidence.

They say all new presidents get honeymoons. Poor Barack, he won't even get a wedding night.