But what was amazing about today’s market crash was how much it rapidly accelerated during this morning’s address by President Obama. Ostensibly the prez was attempting to assure the quivering masses that everything was gonna be just dandy, that Standard and Poors’ downgrade of the U.S. credit-worthiness was unfair, and, as Obama put it, “We are still a Triple A country!” That was about the point that traders began to bale big time and red barf covered the stock screen. It was probably not reassuring that Obama’s speech came 45 minutes after the announced time, but there’s a bit of history behind this: every time Obama (or Tim Geithner) speaks during business hours, the market begins to tank. Obama is like the William H. Macy character in the movie “The Cooler”, the guy employed by the Vegas casino because he brings such bad luck to other gamblers. The fact of the matter is that, no matter how hard Obama attempts to appease them, the business community flat-out dislikes him, doesn’t trust him, and can’t wait for him to go away.