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Old 06-22-2009, 01:37 PM
 
42,732 posts, read 29,884,155 times
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Quote:
Originally Posted by pghquest View Post
Ahhh, the S&P 500 is pretty much where it was when Bush left, lower for the year, pretty much disputes all of the "Stock market increases due to Obama" threads started here, dont it?
So you are not going to honestly own that your original statement was false?

Game-playing, huh?
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Old 06-22-2009, 01:40 PM
 
69,368 posts, read 64,118,301 times
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Quote:
Originally Posted by DC at the Ridge View Post
So you are not going to honestly own that your original statement was false?

Game-playing, huh?
I think I confirmed that I mis-spoke on the Marketwatch story (which of course I didnt write), are you going to be honest that Obama had NOTHING to do with the stock market increase that we had recently?

If he did have something to do with the increase, then of course he holds responsibilty for the fall over the last week.

If he didnt have anything to do with the increase, then Bush didnt have anything to do with the decrease..

Which do you prefer? What argument will liberals take today on the topic?
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Old 06-22-2009, 01:44 PM
 
6,734 posts, read 9,342,697 times
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Quote:
Originally Posted by pghquest View Post
Bush has been out of office for more than five months, and the market is lower than when he left. Will Democrats continue to blame Bush, or will they now come to their senses and play partisan over the fact that the president does not control the market?
I think you need an econ and history class. Probably several of them.
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Old 06-22-2009, 01:46 PM
 
69,368 posts, read 64,118,301 times
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Quote:
Originally Posted by ozzie679 View Post
I think you need an econ and history class. Probably several of them.
Really? I note you didnt dispute anything with FACTS, other than your pretend fantasy land that presidents control the market or are you now claiming that Obama is to blame for the current drop?
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Old 06-22-2009, 01:50 PM
 
42,732 posts, read 29,884,155 times
Reputation: 14345
Quote:
Originally Posted by pghquest View Post
I think I confirmed that I mis-spoke on the Marketwatch story (which of course I didnt write), are you going to be honest that Obama had NOTHING to do with the stock market increase that we had recently?

If he did have something to do with the increase, then of course he holds responsibilty for the fall over the last week.

If he didnt have anything to do with the increase, then Bush didnt have anything to do with the decrease..

Which do you prefer? What argument will liberals take today on the topic?
What argument will I take today on the topic? Hmmm, think, think, think!

It's coming to me....., yep, by George I think I've got it! Presidents are never 100% responsible for what happens on the stock market, and they're hardly ever 0% responsible. The stock market is a peculiar animal, a gambling device, really, and as such is strikingly unpredictable. But it's not just a gamble, it's also an investment. So it demands a certain level of optimism, a confidence in the future, not just in a specific company, but in the economy as well. Economic stability and growth is entwined with political stability. And the political stability of a country is largely dependent on the actions of its leaders. So, President Bush played some part in the economic downturns, but he certainly wasn't 100% responsible. And in the five months that he's been in office, President Obama has played some part in the roller coaster in the markets that we've seen thus far. Your either/or scenario is not a reality-based proposition.
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Old 06-22-2009, 01:54 PM
 
69,368 posts, read 64,118,301 times
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Quote:
Originally Posted by DC at the Ridge View Post
What argument will I take today on the topic? Hmmm, think, think, think!

It's coming to me....., yep, by George I think I've got it! Presidents are never 100% responsible for what happens on the stock market, and they're hardly ever 0% responsible. The stock market is a peculiar animal, a gambling device, really, and as such is strikingly unpredictable. But it's not just a gamble, it's also an investment. So it demands a certain level of optimism, a confidence in the future, not just in a specific company, but in the economy as well. Economic stability and growth is entwined with political stability. And the political stability of a country is largely dependent on the actions of its leaders. So, President Bush played some part in the economic downturns, but he certainly wasn't 100% responsible. And in the five months that he's been in office, President Obama has played some part in the roller coaster in the markets that we've seen thus far. Your either/or scenario is not a reality-based proposition.
Thats a lot of talk to come to "Obama to blame for the fall".. That would have been so much quicker to say..

I note how this thread is not being joined by all of those liberals who jumped in to credit Obama when the market was going up...
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Old 06-22-2009, 01:59 PM
 
6,734 posts, read 9,342,697 times
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Quote:
Originally Posted by pghquest View Post
Really? I note you didnt dispute anything with FACTS, other than your pretend fantasy land that presidents control the market or are you now claiming that Obama is to blame for the current drop?
The numbers are what they are. What's to dispute? It's your hypothesis that is ignorant.
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Old 06-22-2009, 01:59 PM
 
42,732 posts, read 29,884,155 times
Reputation: 14345
Quote:
Originally Posted by pghquest View Post
Thats a lot of talk to come to "Obama to blame for the fall".. That would have been so much quicker to say..

I note how this thread is not being joined by all of those liberals who jumped in to credit Obama when the market was going up...
That's a pretty impressive way to completely mis-state my post. Perhaps you didn't read it thoroughly.......
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Old 06-22-2009, 02:02 PM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by DC at the Ridge View Post
That's a pretty impressive way to completely mis-state my post. Perhaps you didn't read it thoroughly.......
Ooh I read it completely through, you just didnt like my synopsis..
Quote:
Originally Posted by DC at the Ridge View Post
President Obama has played some part in the roller coaster in the markets that we've seen thus far.
No other liberal want to join the topic? Wonder why?
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Old 06-22-2009, 02:03 PM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by ozzie679 View Post
The numbers are what they are. What's to dispute? It's your hypothesis that is ignorant.
No more ignorant than how many threads we had to read about how great Obama was and about how Obama was causing the economic recover when the stock market was going down.

My "hypothesis", is simply a recap of the liberal "hypothesis" when the market was going up, but in reverse.. After all, if Obama is to credit for the market going up, then obviously, he is to blame when it goes down.. right?
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