Is President Obama hurting the Dow Jones Industrial Average (...the 1100+ point drop)?

He is our President. It says volumes how far this country has come. I am a proud black man; but "cash rules everything around...dolla' bill ya'll ....dolla', dolla', dolla', dolla' bill ya'll" Since the close of the DJIA (Dow Jones Industrial Average a collection of 30 of the largest and most widely held public companies in the United States.) on January 16, 2009 at 8281.22 opening again on the most historic day in US modern history 2/20/2009, until today February 23, 2009 a mere 35 days into his Presidency the "market" (DJIA) has had a precipitous drop of 1166.44 pts. to 7114.78 these are 1997 levels. Now I do have to fault my former party leader G.W. Bush for the current fiscal status but this is ridiculous for it (the markets) to continue in a free fall. Many fault the appointment of Timothy Geithner (Treasury Secretary) and his lack of a detailed plan, general aloofness and inability to convey confidence.

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President Obama's economic plan though a milestone in effectiveness in getting a major piece of legislation passed so quickly has not been able to inspire the "markets". When the markets are in a "bull run" money flows it does have a trickle down effect. A rising tide lifts all boats. But now we (America) wait for the big ship (the Titanic) to give us a lift out of these deep recession waters. Who will talk the helm of the Titanic? Even though the historic ship sank their were survivors, such as the case with this economic downturn. We will go down, some institutions will find themselves at the bottom of the abyss never to see the sun shine on their dariaires again; but that is the nature of the beast called the capitalist market. The health of the Dow Jones is directly connected to most 401K retirement accounts, pension funds and dictates the mood of business worldwide. Not that policy should dictate or be dictated by the whims of wall street; but as the nations Chief Executive Officer he (President Obama) has to be aware of his adverse affect on the financial markets and its effect on the very poor and disaffected citizens he is trying to help.