Why President Obama Should Love the Stock Market

Obama said he is not measuring policies against "the day-to-day gyrations of the stock market" -- but here's why he should:

In addition to the fact that the stock market is the world's top wealth and pension/retirement income creator -- it also is a key revenue stream (via capital gains taxes) for the U.S. government. As Obama's policies destroy wealth in the stock market, they are also destroying the money that'll be needed to fund his spending programs. Does he realize that the amount of capital gains losses that have been and will be recorded will result in a staggering drop in the U.S. government's coffers?

In other words, the more Obama continues to ignore the stock market and do nothing to halt its slide, the more he's killing the goose that'll pay for his golden eggs.