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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
haha wait you're blaming the 8 year in the marking rescission on Obama...hahaha
hey next time you get a flat tire..i bet its Obama fault since he signed a bill that gave states money to work on highways and one of the workers who without the money from Obama would have not dropped a nail that you ran over
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%
So what your trying to sell us (like cramer) is that all the problems that we have now are all attributable to Obama? And only Obama? And Had nothing to do with years and years of $h!tty economic policies by both democratic and republican houses/senates/presidents? And had nothing to do with the American populations greed and want and will drive up earning to the sky?
And had nothing to do with A-holes like Jim Cramer that drove the market up (with promises to fulfill society's greed) to levels that a fourth grader could see were unsustainable?
Had nothing to do with any of that?
Btw. It's not like the market didn't go down under "business friendly" Bush.
As for McCain being in positive territory for the market. Your argument is conjecture that the market would be doing better at this point. My conjecture is that: Even if McCain did get elected we would be no better off than we are now. This economic issue is far larger than a president.
the "market" is so good at in late 2007 when this mess started, they (the market) knew Obama would be the Dem. candidate for president but not only that, the "market" also knew in late 2007 that he would win, so it started to tank.
I bet all of those investors that listened to him when he shouted "don't dump your Merrill stock, Don't dump your bear sterns stock" Invest Invest Invest...
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
Are you talking about the same Cramer that was raked over the coals for being so so wrong that he almost cried???
haha wait you're blaming the 8 year in the marking rescission on Obama...hahaha
hey next time you get a flat tire..i bet its Obama fault since he signed a bill that gave states money to work on highways and one of the workers who without the money from Obama would have not dropped a nail that you ran over
unemployment rate under bush 5.3%
unemployment rate under obamanmics/socialism 8.73%
with capitailism you have 3 classes
upper
middle
lower
with socialism you have 1 class
lower
is it any surprise what's been happening over the last 9 months?
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
Well if you're digging all the way back to high school level economics, no wonder you don't understand what's going on!
Tell me what the market "knew" about Obama in May, 2008. Remember, as I posted above, but which you conveniently ignored, the "Dow was on a downward trajectory months before the election, dropping 3,738 points from May 2, 2008, to November 3, 2008."
Why don't I just blame that on McCain, since he'd been the Republican party's nominee for several months, and the Democratic nominee was still yet to be decided. And everyone "knew" that War Hero McCain was going to squash Inexperienced Barry, right?
unemployment rate under bush 5.3%
unemployment rate under obamanmics/socialism 8.73%
with capitailism you have 3 classes
upper
middle
lower
with socialism you have 1 class
lower
is it any surprise what's been happening over the last 9 months?
i feel bad for you.... please get a GED before you post again.
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i feel bad for you.... please get a GED before you post again.
