It's all part of the bigger scheme. Special interest groups are happy, average citizen still oblivious. All goes according to the plan.
Every time Dumbama opens his mouth the stock market goes down. I liked watching the news conference this morning where he continued to lie about his promise to remove earmarks. There was a Stock Watch Ticker on the screen next to his dumb head. For ever syllable he uttered, the dow responded accordingly. This is the first time in my lifetime I can honestly say that I am actually more intelligent than the president. All that education, all those speaking skills, yet no common sense life's experience. What a leaker.
"Dumbama" I like that. It builds the premise where we can compare Obama to Bush and look at how ridiculously wide the intellectual gap is. "first time in your life" huh?
The stock market isn't a good metric. The financial industry is looking for a toxic asset bailout and any hope of a bailout sends the market soaring.
But the issue is, Obama is dancing to their music rather than sticking to his agenda. The bail outs are continuing and is much greater than before. Everything to him seemed too big to fail except the local neighborhood stores.
Federal Reserve Board Chairman Ben Bernanke says that the big banks are to big to fail. http://www.marketwatch.com/news/sto...x?guid={740A03B5-45DB-4BD7-9BE4-E056DE0C73E1}
Obama is intellectually intelligent. However, he is IGNORANT. Watch the video and you'll understand the reference. http://www.breitbart.tv/html/49244.html MICHELLE OBAMA: ‘FOR THE FIRST TIME IN MY ADULT LIFETIME, I AM REALLY PROUD OF MY COUNTRY’ The point is, while not a metric, it does react to current events, government policy, just as much as it reacts to negative/positive numbers from a myriad of industry, not the least of which is the financial sector itself. My contention is that the stock market does not just "bob up and down" as Ignoramous Fucktard Dumbama suggests. What it does is, reacts to factors surrounding everything from economic, social, and governmental events. Its not some magical plastic bobber in a loney lake waiting for a bite from a perch. Anyway, I have to leave now. Ive left my G5 waiting on the tarmac for an hour and a half.
I think smart investors are going to make a killing by investing in stocks of big name companies now. The companies that have been driven into the ground during the Bush Depression. I'm personally buying into stocks like GM and C at current levels. I hope to ride them up on the rocket of the Obama Recovery. There is hope in America again now that we have a real leader as President!
Ha! I'm certainly not investing everything I have into these companies. I realize there are risks. But because of the extreme low prices, there are some deals to be had. Assuming of course that things get better. I do believe we will get through this mess. We have the right guy in charge. A true leader with the intellectual abilities to make the right choices. If McCain was President right now I certainly would not be so confident. God forbid, can you imagine if Sarah Palin was in charge right now? *shivers*
Why is this a "fact"? Because you say so? The stock market would disagree with you. Also the economy, the jobless rate, the unemployment rate, and most people's 401Ks. Are these all disinformation, too? Or do you agree with Obama when he compared the Dow Jones to being just a "tracking poll"? Are you claiming that it's not the fault of the guy in charge? I thought it's your position that it's not the fault of the guy in charge?
BTW - I got into GM just in time... Up another 20% today. The real GOP nightmare: Barack Obama turns this country around and we never elect another Republican. EVER. The GOP is done. They are not taken seriously by enough people to make them a legitimate national party. Sorry bud. This time Barack Obama is "Ronald Reagan." Corwin - All of the mistakes that lead to The Bush Depression do not suddenly become Obama's fault just because he is President now. The stock market has been heading south since late 2007. Pretending that the downward turn has anything to do with Obama is entirely intellectually dishonest. Obama will turn this country around and those that doubted him will look like fools (again.)
Bush committed the cardinal sin of politics - he looked bad on TV. Now, let's look at Obama. What has Obama done in the two months he's in office? Gone to court to reinstate warrantless wiretapping Overturned the ban on torture(!) Withdrew the 2010 Iraq troop withdrawal date US troops will now be in Iraq indefinitely Royally insulted most of our allies The only difference between the important policies of Bush and Obama is that Obama looks better on TV. But in many ways, Obama is worse because he's selling us out to the Chinese.
Wow. You are just another example of why Democracy fails. You will always vote along party lines, even if another candidate is CLEARY better for the country. Did anyone else see that MASSIVE smackdown Lou Dobbs gave the pretty, young, blonde Democratic leader when he was asking her if she believed in Democracy? She said that it was her JOB to uphold Democracy. Then Lou Dobbs asked her if she would EVER vote anything other than Democrat, and she said she would never, ever do that. Isn't it in the best interests of the People to vote for the best candidate? She said even if the best candidate was a Republican, she would NEVER vote for them. Lou Dobbs responds: "Then Democracy is already dead." She turned so red and got so embarassed because she knew he OWNED her. Yea, our great country is dying. Thanks for helping it along Zibblu!
George W. Bush was the best thing to happen to the Democratic party because Bush's perceived screw ups forced the Dems to reorganize themselves. Obama will be the best thing to happen to the Republican party. I never claimed it's ALL Obama's fault. But now no one would disagree that it's most certainly Obama's responsibility, right? It's not ALL Obama's fault - but the banking credit problem is definitely Obama's and Pelosi's fault. And it's not just me that's saying so, it's also Investors Business Daily, Barron's, and The Wall Street Journal - to name a few. And not only Foxnews, but now CNN, ABC, and CNBC are blaming Obama for not taking any steps at all to free up credit. The stock market has been heading south since 2007, right after the Democrats took over Congress. Pretending that the downturn has nothing to do with the Democrats is not only entirely intellectually dishonest, it also displays a pathetic ignorance of the United States Constitution. I hope you are right, I really do. But every shred of in-your-face business news evidence says you are absolutely wrong. There is only one thing that is absolutely certain - whenever the economy recovers - even if it doesn't recover for another two years - Obama will most certainly demand credit for it.
President Ronald Reagan proved that Government is the problem not the solution. Barry Obama is making the same mistakes as Jimmy Carter. How do you expect to pay the trillions of dollars that Obama is borrowing? By the end of the Carter presidency inflation was 20%.
Bush Depression? Were you even old enough to work during the past 8 years? I did a lot better under Bush then I did under Clinton. Could things have been better? Sure. Was it a "Depression?" Certainly not. Keep in mind that the problems you see now, are all the result of failed policies and government agencies brought about by FDR, Carter and Clinton, to name a few. For a great explanation of the entire sub-prime/housing collapse (which only affects a small few directly) see also CRA. Take a look at people like Barney Frank, Nancy Pelosi, Harry Reid and others that not only had a hand in that disaster (Franks homosexual lover ran Fannie into the mess they are in.) Pelosi is probably the main architect of these spending bills, 30 years in the making no less. Look kid, until you have lived as long as some of us that have experienced several administrations, and watched as democrats continue to spend when they can, and lay blame when they cannot - I'd suggest parting from the discussion. All you do is make yourself look foolish by making stupid statements like you just did. BTW, anyone hear what Dumbama just said? Something about the "fundamentals of our economy being strong". I remember McCain saying the same thing during the campaign and getting lambasted as a result. Dumbama gets praise.
sorry for obama, the bush handed over a ship had a big hole and going to sink , the problem was too worse that obama can't do anything, the ship will sink and who will become the worst captain? obama. US economy is still going down, no sign of even a recovery in near future. atleast for next 2-3 years, by the time his presidential term will be over and he will most probably retire as worst president and americans start thinking, 'black can't do anything'