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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 $$$.?
Quote:
Originally Posted by sanrene
Since his election on Nov 4th, the market has tanked.
How much of that drop came after the election of obama and the realization that tax, tax, tax and spend policies are on the way?
We've probably never elected a prez who immediately put such fear into the markets. The market tanked after his election and now after his inauguration. Apparently they all missed the Messiah memo.
I think the speech made it clear; to paraphrase...we try to work things out with the other countries especially those wanting to fight and create havoc, if they choose not to, we will stand up to them and we will defeat them.....I don't think he said we should love and embrace at all...quite the contrary.
That's right chumley.
it's now time to steal from the rich and give to the poor.
and about time too. rich have been getting rich off the poor peoples backs for a long time. big businesses paying low minimum wages, hiring illegals, the gravy train for the rich folk has ended as you know it. start getting used to seeing the rich get poorer. that's what I call justice. who needs wall st anyway? they can't even come up with how they spent their bailout money. wonder how many bush chronies received some or most of those $$$.?
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.
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!
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]
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.
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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