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Old 01-21-2009, 06:17 AM
 
Location: Chicagoland
41,325 posts, read 44,961,908 times
Reputation: 7118

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Quote:
Of course the fact that the DOW has dropped about 40% of it's value under loser Bush totally escapes somebody such as yourself.

Like I said.....
How much of that drop came after the election of obama and the realization that tax, tax, tax and spend policies are on the way?
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Old 01-21-2009, 06:40 AM
 
Location: T or C New Mexico
2,600 posts, read 2,325,811 times
Reputation: 607
Default Gravy Train Ended

That's right chumley.
it's now time to steal from the rich and give to the poor.
and about time too. rich have been getting rich off the poor peoples backs for a long time. big businesses paying low minimum wages, hiring illegals, the gravy train for the rich folk has ended as you know it. start getting used to seeing the rich get poorer. that's what I call justice. who needs wall st anyway? they can't even come up with how they spent their bailout money. wonder how many bush chronies received some or most of those $$$.?
Quote:
Originally Posted by sanrene View Post



Since his election on Nov 4th, the market has tanked.

Bloomberg.com: Worldwide



I guess the market finally realizes what obama has in store for us.
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Old 01-21-2009, 06:50 AM
 
Location: New Jersey
2,662 posts, read 3,829,725 times
Reputation: 580
Quote:
Originally Posted by sanrene View Post
How much of that drop came after the election of obama and the realization that tax, tax, tax and spend policies are on the way?
We've probably never elected a prez who immediately put such fear into the markets. The market tanked after his election and now after his inauguration. Apparently they all missed the Messiah memo.
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Old 01-21-2009, 07:20 AM
 
1,619 posts, read 2,829,648 times
Reputation: 1376
I think the speech made it clear; to paraphrase...we try to work things out with the other countries especially those wanting to fight and create havoc, if they choose not to, we will stand up to them and we will defeat them.....I don't think he said we should love and embrace at all...quite the contrary.
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Old 01-21-2009, 07:25 AM
 
714 posts, read 1,539,934 times
Reputation: 215
Quote:
Originally Posted by highdesertmutz View Post
That's right chumley.
it's now time to steal from the rich and give to the poor.
and about time too. rich have been getting rich off the poor peoples backs for a long time. big businesses paying low minimum wages, hiring illegals, the gravy train for the rich folk has ended as you know it. start getting used to seeing the rich get poorer. that's what I call justice. who needs wall st anyway? they can't even come up with how they spent their bailout money. wonder how many bush chronies received some or most of those $$$.?
If you think stealing from the rich will make the poor richer....you have a lot to learn. The rich provide the jobs. If you want to see a detailed report from a bailout just hang out....because you are getting ready to see a whole lot more bailout headed down the pipeline. Maybe Obama will disclose. You sound bitter. I hope just venting, because if you think wall street is not important then you shouldn't be allowed to vote.
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Old 01-21-2009, 07:36 AM
 
Location: Cleveland
4,671 posts, read 4,984,341 times
Reputation: 6033
Quote:
Originally Posted by sanrene View Post
How much of that drop came after the election of obama and the realization that tax, tax, tax and spend policies are on the way?
Does the war not count as spending in your world? Does God just send the check himself in the USA's name? Just seeing where you stand on this.
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Old 01-21-2009, 07:43 AM
 
229 posts, read 348,219 times
Reputation: 74
Quote:
Originally Posted by sugarmaple View Post
I think the speech made it clear; to paraphrase...we try to work things out with the other countries especially those wanting to fight and create havoc, if they choose not to, we will stand up to them and we will defeat them.....I don't think he said we should love and embrace at all...quite the contrary.
Well, unfortunately when people have already made up their mind about disliking Obama, they will believe whatever they would like to. By the way, today is the day after the inauguration and the market opened higher. Its as if they think the market was perfect until now. Amazing!
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Old 01-21-2009, 07:53 AM
 
31,387 posts, read 37,065,499 times
Reputation: 15038
Quote:
Originally Posted by CrestViewdrive View Post
OUr economy isn't hurting. It is just hyped from the media.
Yep, nothing but hype:

Payroll employment fell by 524,000 over the month and by 1.9 million over the last 4 months of 2008. [Bureau Labor Statistics]

The forecasters predict that the U.S. economy is headed for a couple of rough quarters. They project real GDP declining at an annual rate of 2.9 percent in the fourth quarter...[Philadelphia Federal Reserve Bank]

Losses to private investors $6.9 trillion.

This must be your Flavor Flav moment.
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Old 01-21-2009, 08:00 AM
 
229 posts, read 348,219 times
Reputation: 74
Quote:
Originally Posted by tribecavsbrowns View Post
Does the war not count as spending in your world? Does God just send the check himself in the USA's name? Just seeing where you stand on this.
Above and beyond, apparently people do not understand how to read the stock market. The last peak in the market was in October 2007. The market has been tanking since then. But magical thinking and propaganda always seem to come out on top. This is just about the most ridiculous, unfounded, and unresearched thread I have seen about Obama to date. Over a year of steady losses and one day gets picked out to fuel the Obama hatred. By the way, I am not a big believer in politicians, but I try to get my facts straight. Honestly, the market has been tanking since the ridiculous oil prices we suffered. Where is this correlation? It is quite clear that this was the beginning of the setoff of the bad market we are in. I fail to see how an inauguration would make a difference. Those involved in the market already knew Obama was going to be president. Fourth quarter earnings and layoffs have nothing to do with any of this. No. Blame it on the president who has been there less than one day. That makes sense. Talk about a miscarriage of facts. Thank you for stating the obvious Tribe. I would also realize that these are people who have made up their minds about Obama. To analyze facts properly would force them to admit that they are not necessarily right(no pun intended). This might bring their whole world crashing down.
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Old 01-21-2009, 08:05 AM
 
Location: Home, Home on the Front Range
25,826 posts, read 20,713,235 times
Reputation: 14818
Quote:
Originally Posted by manicotti View Post
Above and beyond, apparently people do not understand how to read the stock market. The last peak in the market was in October 2007. The market has been tanking since then. But magical thinking and propaganda always seem to come out on top. This is just about the most ridiculous, unfounded, and unresearched thread I have seen about Obama to date. Over a year of steady losses and one day gets picked out to fuel the Obama hatred. By the way, I am not a big believer in politicians, but I try to get my facts straight. Honestly, the market has been tanking since the ridiculous oil prices we suffered. Where is this correlation? It is quite clear that this was the beginning of the setoff of the bad market we are in. I fail to see how an inauguration would make a difference. Those involved in the market already knew Obama was going to be president. Fourth quarter earnings and layoffs have nothing to do with any of this. No. Blame it on the president who has been there less than one day. That makes sense. Talk about a miscarriage of facts. Thank you for stating the obvious Tribe. I would also realize that these are people who have made up their minds about Obama. To analyze facts properly would force them to admit that they are not necessarily right(no pun intended). This might bring their whole world crashing down.
Very well said
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