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And actually crossed 8000 at one point today. I know better than to say that President Obama's plans are working because I know that there will be a number of people who will explain exactly how George Bush actually caused the surge. All I will say is Thank God and hope that it continues to rise and that we are out of this recession soon.
Hmmm. I think I will say, "Thank you, President Obama..." Attack away.
And actually crossed 8000 at one point today. I know better than to say that President Obama's plans are working because I know that there will be a number of people who will explain exactly how George Bush actually caused the surge. All I will say is Thank God and hope that it continues to rise and that we are out of this recession soon.
Hmmm. I think I will say, "Thank you, President Obama..." Attack away.
Obama is doing the right things to turn this economy around...
Let the extreme right wing fringe attack all they want - their opinions are absolutely meaningless - and becoming more and more marginalized as time goes by..
The market is up due to the confidence that Obama and Geithner are inspiring in the American public, and on Wall Street.
What I look is the trend over the last few weeks and that is the markets seem to be gaining something everyday and the losses are becoming fewer. I'm not ready to say that this is a full blown recovery because like the POTUS has set, It's going take several different solutions to solve our problems, it wasn't created in one day or week, well, yes it was...when G.W Bush took office.....HA....but hopefully this upward trend continues.
I think I will save the champagne for when the all the jobs that were lost return to the economy. However, most of us are intelligent enough not to judge the next few years by one week of watching the stock market.
Now that the market is rebounding, Obama needs to come out and admit that the stimulus package was indeed a fruition of his personal agenda, and not intended to save the economy. Especially considering the vast majority of the package is not going to come into play until 2010 and later.
Including what Obama and Bush have both done through bailouts and so called 'stimulus', we have spent at least $2 trillion to save the economy. Hopefully that enormous loss will be made up for, else the Chinese are not going to be happy when they call the loans due.
I think I will save the champagne for when the all the jobs that were lost return to the economy. However, most of us are intelligent enough not to judge the next few years by one week of watching the stock market.
Now that the market is rebounding, Obama needs to come out and admit that the stimulus package was indeed a fruition of his personal agenda, and not intended to save the economy. Especially considering the vast majority of the package is not going to come into play until 2010 and later.
Including what Obama and Bush have both done through bailouts and so called 'stimulus', we have spent at least $2 trillion to save the economy. Hopefully that enormous loss will be made up for, else the Chinese are not going to be happy when they call the loans due.
This is definitely good news for my 401K. Heck, any positive news in the economy is good, but don't forget the economics that are at risk. Recessions and wars in Afghanistan and Iraq will end, but the debt that is being added to the national deficit by the current administration will continue on for MANY generations, and that debt will deal a crushing blow to this country. Additionally, the government and the average citizen forget that banks have not entirely accounted for the trillions of credit card debt still outstanding that cannot be paid, AND the impact of the commercial real estate sector has not been factored in....so in other words, don't get too excited.
Yeah buddy, the dow closed above 8000 today....we're slowly but surely clearing away the old filth left behind by Dumb and Dumber, I mean former VP Mr. DICK & Pres. Bush.
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