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Old 01-25-2014, 01:34 PM
 
7,492 posts, read 11,823,278 times
Reputation: 7394

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Quote:
Originally Posted by gretsky99 View Post
God help us we're now entering a depression. I think i'm going to purchase some farm land at least I won't starve. And finally I want to personally thank the radical left wing idiot in the WH for ruining the nation.

US stocks slammed; Dow falls 300-plus points in worst week since 2011
None of this is new.

 
Old 01-25-2014, 01:55 PM
 
Location: San Diego
5,319 posts, read 8,981,479 times
Reputation: 3396
Quote:
Originally Posted by Crossfire600 View Post
Congratulations, that was the most inaccurate and ridiculous post I have read since joing the board. 10,000 point increase? Seriously? You people need to start holding him accountable. I get the racism where blacks and minorities love him because he is black but for God's sake the man is a incompetent boob..
March 6, 2009: (6 weeks into Obama's first term)

CNNMoney.com Market Report - Mar. 6, 2009

Quote:
During the session, the Dow briefly touched 6,469.95, the lowest intraday level since April 15, 1997.
December 31, 2013:

Stocks end 2013 with bang; Dow up most since

Quote:
The Dow industrials DJIA -1.96% rose 72.37 points, or 0.4%, to end at 16,576.66, its 52nd record close of the year.
Inaccurate and ridiculous post?

Is the below subtraction too complex for you?

16,576.66 - 6,469.95 = ????
 
Old 01-25-2014, 02:04 PM
 
Location: Barrington
63,919 posts, read 46,707,495 times
Reputation: 20674
Quote:
Originally Posted by fumbling View Post
If the Dow went down 10,000 points after he took office you'd say he's ruining the nation but in fact the Dow went up 10,000 points and you also say he's ruining the nation?
Presidents control the stock market?

Oh the things I learn on this forum.
 
Old 01-25-2014, 02:05 PM
 
29,407 posts, read 21,996,065 times
Reputation: 5455
Quote:
Originally Posted by alphamale View Post
This is simply a blip......however, things are aligning for a major worldwide economic collapse. China has been manipulating it's currency for years to stay competitive....we've been printing trillions of dollars for years, further devaluing our currency.

The current administration and its "useful idiots" keep pointing at the DOW as proof that the economy is improving.....despite the fact that poverty is at record levels, food stamp use is also at all time highs and worker participation rates are at all time lows.
I agree.
 
Old 01-25-2014, 02:05 PM
 
79,913 posts, read 44,167,332 times
Reputation: 17209
Quote:
Originally Posted by middle-aged mom View Post
Presidents control the stock market?

Oh the things I learn on this forum.
They have a huge influence with their Fed chairman pick. Obama picked Bush's.
 
Old 01-25-2014, 02:07 PM
 
29,407 posts, read 21,996,065 times
Reputation: 5455
Quote:
Originally Posted by HappyTexan View Post
The big drop was due to the slowing down of the emerging nations' economies.
Can't blame this one on Obama because he doesn't rule the world..yet.
Obama will become UN head honcho soon is my prediction. He is the best puppet these clowns ever put up. They thought they had it with bubba but Obama is the real deal. Look out.
 
Old 01-25-2014, 02:08 PM
 
Location: Florida
77,005 posts, read 47,597,802 times
Reputation: 14806
Quote:
Originally Posted by whogo View Post
No fan of Obama here but the market is overdue for a bit of a correction and the reasons for the large drop are more tied in with currency problems in emerging markets than domestic concerns.
Indeed. The OP is embarrassing him/herself.
 
Old 01-25-2014, 02:10 PM
 
Location: Florida
77,005 posts, read 47,597,802 times
Reputation: 14806
Quote:
Originally Posted by Crossfire600 View Post
Congratulations, that was the most inaccurate and ridiculous post I have read since joing the board. 10,000 point increase? Seriously? .
Eeeehhh....yea, seriously.
 
Old 01-25-2014, 02:12 PM
 
Location: Florida -
10,213 posts, read 14,824,183 times
Reputation: 21847
Not sure why this has to be a political issue(?)

We get the same level of 'hair on fire' media panic when the market drops 300 points ... whether the Dow is at 15,000, 10,000, 7500 or 5,000! It's all 'Theater' .... just like Washington D.C.
 
Old 01-25-2014, 02:24 PM
 
Location: CO
2,172 posts, read 1,453,117 times
Reputation: 972
Quote:
Originally Posted by gretsky99 View Post
God help us we're now entering a depression. I think i'm going to purchase some farm land at least I won't starve. And finally I want to personally thank the radical left wing idiot in the WH for ruining the nation.
Seems you know as much about investing as you do spelling Gretzky.
Best leave financial commentary to the adults. Run along.
You do give much of the credit for world economics to 1 person. How cute!
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