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Old 06-19-2009, 10:24 AM
 
Location: Columbia, SC
18,643 posts, read 10,362,159 times
Reputation: 7301

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Quote:
Originally Posted by SouthCity09 View Post
he's probably a secret Muslim planted here to destroy us.
How is Obama coming with his plans to turn the Washington Monument into a minaret?

He also had the Capitol rotunda slated to be renovated for a mosque, if I'm not mistaken. I heard the Oval Office was piled up with stacks of prayer rugs waiting for the work to finish.

All those who want religion in their government should be wildly ecstatic by the time he gets through. It looks as though they might get their wish.
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Old 06-19-2009, 10:28 AM
 
Location: Redondo Beach, CA
7,343 posts, read 7,198,220 times
Reputation: 7530
Quote:
Originally Posted by Joe107 View Post

what part is wrong?
All of it.

"MSNBC continues to use misleading charts suggesting Obama is responsible for Dow's decline"

Oh! My! G-d! You mean that fascist/commie/pinko/socialist/liberal/Obama-run network MSNBC? Say it ain't so, Joe!
Quote:
In the past few days, MSNBC has repeatedly used misleading graphics of the Dow Jones industrial average showing a decline since the beginning of November 2008, suggesting that the drop started with the election of President Obama. In fact, as Media Matters for America has documented, the Dow was on a downward trajectory months before the election, dropping 3,738 points from May 2, 2008, to November 3, 2008.

MSNBC continues to use misleading charts suggesting Obama is responsible for Dow's decline | Media Matters for America
Then of course there's this:



See that line from March to current that keeps going steadily up, up, up, up, up? Yep, sure looks like investors have lost confidence in the market. Well, except, not.
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Old 06-19-2009, 10:30 AM
 
Location: Sitting on a bar stool. Guinness in hand.
4,429 posts, read 5,713,887 times
Reputation: 1699
Quote:
Originally Posted by Joe107 View Post
Cramer was a very successul hedge fund manager and got out near top of market.
Cramer warned investors to get out when dow was at 11,000. He knew what we we're in store for with Obama getting elected.


Cramer said that Obama was responsible for “the greatest wealth destruction I have seen by a president.


He couldn't have been more right about that

On Cramer:

Please watch video links. He didn't know $h!t , (he admits this on the video or he is just trying to play dumb to cover his a$$) and guy helped nobody in the end.


On Obama:
Is it really Obama? Or is this wealth destruction a culmination of the Economic Polices of our Government, and the greed of our society has had past 20 years? Btw. I would blame both democratic and republican presidents for having a hand in this economic disaster. Granted I give you that Obama is probably hurting us in the long term. But really even if he is not taking us in the wrong direction. He can't fix our current problem. I don't think any president/government could fix our current problem. There are so many factors at play out there (things that need to be fixed and reevaluated.) that to me, time will be the only healer of our economic problem at this point.
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Old 06-19-2009, 10:32 AM
 
Location: here.
1,359 posts, read 2,060,976 times
Reputation: 432
Quote:
Originally Posted by Donn2390 View Post
Yes, hilarious..! Just keep laughing your self into socialism. It's closer every day.. You will need your sense of humor...
whats wrong with socialism? is it illegal or something?
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Old 06-19-2009, 10:42 AM
 
Location: Redondo Beach, CA
7,343 posts, read 7,198,220 times
Reputation: 7530
Quote:
Originally Posted by SouthCity09 View Post

whats wrong with socialism? is it illegal or something?
No, it's Europeeeean. Sheesh, get with the program, will ya?
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Old 06-19-2009, 10:44 AM
 
531 posts, read 1,120,715 times
Reputation: 138
when anti business obama took the lead the more the market went down:


DOW gallup LEADER
25-Aug 11,386.30 MCCAIN +2
9-Sep 11,230.70 McCain +5
26-Sep 11,143.10 Obama +5
17-Sep 10,609.70 Obama +4
9-Oct 8,579.19 Obama +10
27-Oct 8175.77 Obama +10


we'll how did the market do after he was elected?
11/ 5/08 9139.27 -486.01 -5.05%
11/ 6/08 8695.79 -443.48 -4.85%


we'll how did did the market do during his famous inaguration speech?
1/20/09 7949.09 -332.13 -4.01%
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Old 06-19-2009, 10:56 AM
 
Location: Redondo Beach, CA
7,343 posts, read 7,198,220 times
Reputation: 7530
That's right, Joe, just keep on ignoring the facts and spinning, spinning, spinning. That'll make your blood pressure go down.
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Old 06-19-2009, 11:00 AM
 
Location: here.
1,359 posts, read 2,060,976 times
Reputation: 432
Quote:
Originally Posted by Joe107 View Post
when anti business obama took the lead the more the market went down:


DOW gallup LEADER
25-Aug 11,386.30 MCCAIN +2
9-Sep 11,230.70 McCain +5
26-Sep 11,143.10 Obama +5
17-Sep 10,609.70 Obama +4
9-Oct 8,579.19 Obama +10
27-Oct 8175.77 Obama +10


we'll how did the market do after he was elected?
11/ 5/08 9139.27 -486.01 -5.05%
11/ 6/08 8695.79 -443.48 -4.85%


we'll how did did the market do during his famous inaguration speech?
1/20/09 7949.09 -332.13 -4.01%
how has the market done since January 21st?
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Old 06-19-2009, 11:00 AM
 
531 posts, read 1,120,715 times
Reputation: 138
Quote:
Originally Posted by Jill61 View Post
That's right, Joe, just keep on ignoring the facts and spinning, spinning, spinning. That'll make your blood pressure go down.
I think you were getting MSNBC mixed up with CNBC? CNBC covers business son.

More facts:
unemployment rate since obama took lead in sept:
6.2 sep
6.6 oct
6.8 nov
7.2 dec
7.6 jan
8.1 feb
8.5 march
8.9 april
9.4 may
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Old 06-19-2009, 11:02 AM
 
531 posts, read 1,120,715 times
Reputation: 138
Quote:
Originally Posted by SouthCity09 View Post
how has the market done since January 21st?
obviously you're not familiar with how the market works. The market priced in the fact that obama was going to be the president in the fall.

It doesn't need to wait for him to get in office to price in his policies.


Just another reason why we need a money 101 in high school for people like you
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