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With the Dow closing above 13,000 today for the first time since May of 2008, and the NASDAQ closing in on 3,000, things are looking good for the economy and for Obama's reelection.
Obama is not going to win. The kingmakers are bankrolling Romney's campaign. Romney's top 5 contributors are Goldman Sachs (aka Government Sachs, who Biden, Geithner, Emanuel, and others are connected to), JP Morgan & Chase, Morgan Stantley, Credit Suisse, and Citigroup with Bank of America #6, Barclays (the American branch of the British Barclays plc) at #8. The big money and power is behind Romney, not Obama. Of course, this means the oligarchy stays the same, even if it has a new face in november
Obama is not going to win. The kingmakers are bankrolling Romney's campaign. Romney's top 5 contributors are Goldman Sachs (aka Government Sachs, who Biden, Geithner, Emanuel, and others are connected to), JP Morgan & Chase, Morgan Stantley, Credit Suisse, and Citigroup with Bank of America #6, Barclays (the American branch of the British Barclays plc) at #8. The big money and power is behind Romney, not Obama. Of course, this means the oligarchy stays the same, even if it has a new face in november
The Pres. will win watch the Big Money backlash as the Repub. and there Billionares go down in flames
The Pres. will win watch the Big Money backlash as the Repub. and there Billionares go down in flames
I don't know where you have been, but Goldman Sachs, JP Morgan, Citigroup, and Morgan Stantley donated to Obama's campaign in 2008. Goldman, JP Morgan, and Citigroup are the American megabanks that partly own the Federal Reserve and several people in the Obama Administration come from or have significant ties to Goldman Sachs
I don't know where you have been, but Goldman Sachs, JP Morgan, Citigroup, and Morgan Stantley donated to Obama's campaign in 2008. Goldman, JP Morgan, and Citigroup are the American megabanks that partly own the Federal Reserve and several people in the Obama Administration come from or have significant ties to Goldman Sachs
Yeah, lots of firms tend to donate to both sides so that they hedge their bets. None of them want to be "on the outs" with whoever wins.
With the Dow closing above 13,000 today for the first time since May of 2008, and the NASDAQ closing in on 3,000, things are looking good for the economy and for Obama's reelection.
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Part of that, market pros say, is simply that investors feel more certain about who will be in the White House for the next four years and which policies they will have to deal with.
Feel free to invest your life savings based on this malarkey. I couldn't see a better time to do it. Considering how Obama seems to be a shoe in.
To attribute the current rise in the market to a prediction of Obama's chances of winning in November -- is ridiculous.
The best thing for the market will be the day Barack is ousted from office.
The Dow isn't the best measure of the stock market. It follows 30 companies — important ones, household names, but only 30. And it's weighted so just a handful of the most expensive stocks carry the most weight.
And the Dow is certainly not the best measure of the economy. It can rise even when jobs are falling or the economy is shrinking.
Feel free to invest your life savings based on this malarkey. I couldn't see a better time to do it. Considering how Obama seems to be a shoe in.
To attribute the current rise in the market to a prediction of Obama's chances of winning in November -- is ridiculous.
The best thing for the market will be the day Barack is ousted from office.
The Dow isn't the best measure of the stock market. It follows 30 companies — important ones, household names, but only 30. And it's weighted so just a handful of the most expensive stocks carry the most weight.
And the Dow is certainly not the best measure of the economy. It can rise even when jobs are falling or the economy is shrinking.
Nice article anyway. All hail Barack Obama.
I've been told numerous times on this forum that a much better indicator of the economy is the S&P 500 which is mostly domestic companies, while the Dow Jones is mostly multinationals who will see increased profits even if the US economy is depressed but Asian ones are not
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