Obama opens his mouth, stock market tanks (Pelosi, Simpson, radical)

[h152cc2]

That should tell you something about what Obama's plans will do to the economy.

[jy_2007]

Stocks plunge as worries about Europe intensify - Yahoo! Finance (http://finance.yahoo.com/news/Stocks-plunge-as-worries-apf-2532453913.html?x=0&sec=topStories&pos=main&asset= &ccode=&sec=topStories&pos=1&asset=&ccode= - broken link)

US stocks fall sharply as worries about Europe debt crisis overshadow Obama jobs plan

[bluesjuke]

This seems to happen often when he does this.
I see a pattern developing............

[ergohead]

You can't blame O'Bama, because he didn't say anything.

[LaTrang]

Originally Posted by cyclone8570

That should tell you something about what Obama's plans will do to the economy.

Obama the Pariah.

[GregW]

When the sacred market drops below 5,000 I will worry about its "Tanking". Anything less is just speculative instability and profit taking.

[DRob4JC]

Originally Posted by GregW

When the sacred market drops below 5,000 I will worry about its "Tanking". Anything less is just speculative instability and profit taking.

Over a 50% decline in value??

Did you put you money where your mouth is?

[jimhcom]

Who even listens to the clown anymore? Tie him, Beryankme, Geitner, Pelosi, Reed, Frank, Boxer, and the rest of the Washington establishment together, throw them all off a cliff, and call it a public service.

[marcopolo]

I don't understand why the market went down. The official transcript of the President's speech clearly shows only TWO class warfare battle cries instead of the customary half-dozen or dozen.

It is dismaying that the President ignores the bipartisan, centrist path laid out by his own Simpson Bowles Deficit Reduction Commission, as he ignored the "Gang of Six" outline. Both of these, and virtually every other bipartisan look at solving our problems, advocates a flatter set of tax brackets with the garbage taken out of the tax code: lower rates on a broader base to actually collect more dollars. Too bad this ideologically constipated "leader" cannot resist the temptation to feed his radical base with attacks on success and productivity.

[VTHokieFan]

Basically, the stock market is tanking because people are buying bonds and commodities and selling stocks. I hate these articles that try to pin a causation between minor news events and the stock market loss. What "New Europe" fears, there's nothing new about the EU being <2 years away from being non-existent.