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Old 07-08-2009, 07:49 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,870,208 times
Reputation: 2519

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Quote:
Originally Posted by LordBalfor View Post
And as of this moment - every bit of that decline happened under GW.
Who's to say what today will bring, but as of RIGHT NOW -
The DOW is above where it was when Obama came in.
The S&P is above where it was when Obama came in.
The NASDAQ is above (by quite a bit) where it was when Obama came in.

The markets ARE down from their highs of a month ago, but they WILL recover.

Ken
What is Obama doing differently than Bush?
Apart from throwing even MORE money(that we do not have) at the problem.

Are you stating the market will get back up above 11,000???
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Old 07-08-2009, 07:57 AM
 
35,016 posts, read 39,154,953 times
Reputation: 6195
Quote:
Originally Posted by oz in SC View Post
The same ones Obama is kowtowing and pandering to???
Lol, the ones Obama is shoving into line with regulations, stress tests, etc. That's some kowtowing and pandering.
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Old 07-08-2009, 07:59 AM
 
Location: Socialist Republik of Amerika
6,205 posts, read 12,862,622 times
Reputation: 1114
Quote:
Originally Posted by EverestClimb View Post
Yes, it was mostly on the news that there might be another stimulus.

Way to go Obama and your minions, you are continuing to kill the economy
Nationalization of economies comes on the heels of a crash, why nationalize at boom levels when bust is so much easier and cheaper.

BO has to kill the economy to the point of revolution, and then WWIII will start in order to stop the national implosion.
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Old 07-08-2009, 08:01 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,870,208 times
Reputation: 2519
Quote:
Originally Posted by delusianne View Post
Lol, the ones Obama is shoving into line with regulations, stress tests, etc. That's some kowtowing and pandering.
LOL...stress tests that the banks cannot fail,regulations put forward by one of their own....yep that is some REALLY strict and draconian policies...
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Old 07-08-2009, 08:06 AM
 
35,016 posts, read 39,154,953 times
Reputation: 6195
Quote:
Originally Posted by oz in SC View Post
LOL...stress tests that the banks cannot fail,regulations put forward by one of their own....yep that is some REALLY strict and draconian policies...
"one of their own", would you prefer dental hygienists and veterinarians to try to work with the Wall St guys?

"that the banks cannot fail" --BAC and Citi failed the stress tests as I recall, maybe Wells Fargo.
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Old 07-08-2009, 08:08 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,870,208 times
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I certainly do not want one of those responsible for the mess working with them,in fact I do not want the fedgov. working with them at all....

Unlike you,I believe in the Constitution.
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Old 07-08-2009, 08:14 AM
 
35,016 posts, read 39,154,953 times
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Quote:
Originally Posted by oz in SC View Post
I certainly do not want one of those responsible for the mess working with them,in fact I do not want the fedgov. working with them at all....

Unlike you,I believe in the Constitution.
So you have no problem with the idea of international business completely unfettered. I hope you're grateful for the 13th Amendment.
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Old 07-08-2009, 08:16 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,870,208 times
Reputation: 2519
Do you believe the government should control the running of businesses?
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Old 07-08-2009, 08:23 AM
 
35,016 posts, read 39,154,953 times
Reputation: 6195
Quote:
Originally Posted by oz in SC View Post
Do you believe the government should control the running of businesses?
I think business needs to be regulated. As a result of the recent US-led rampage we now have other countries mistrusting the dollar, looking around for alternatives to it as the reserve currency, as well as international mistrust for the Bush-era US style of doing business.
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Old 07-08-2009, 08:24 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,870,208 times
Reputation: 2519
Thanks.
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