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There is your problem,you and others look at this from a political point of view when that has little bearing(beyond the actions of the political leaders)
If indeed this was a political matter then it would be confined to the USA....it is a global problem and one that is not getting better,not without some major upheavals in the way we live and exist as a society.
There is your problem,you and others look at this from a political point of view when that has little bearing(beyond the actions of the political leaders)
If indeed this was a political matter then it would be confined to the USA....it is a global problem and one that is not getting better,not without some major upheavals in the way we live and exist as a society.
And you just can't accept the fact that what Obama is doing to fix this economy is actually beginning to WORK !!!
We are no longer in the massive 43% stock-market "free-fall" that we saw during the final year of Bush!
We are back to where the Dow was when Obama was innaugurated.
The 43% drop before that happened when Bush was in charge!
Talk about ignoring historical facts when they are uncomfortable to view?
Yup.
Here's a little visual reminder of just WHEN the crash in stock values mostly occurred. As you can see, the DOW dropped 3,000 points between Sept 15th and Octber 6th. It tehn went down another 1,000 points between then and innauguration day. It continued to fall after that point, but has now risen back to roughly the annauguration day levels (and hopefully will continue upward).
As mentioned previously, I believe the market overreacted to Bush's "deer in the headlights" appearance when he asked for the bailout money - and is now correcting itself back to more reasonable levels - as well as reacting to the expectation of the stimulus money and other "less negative" and even some positive economic indicators.
Ken
Last edited by LordBalfor; 01-31-2010 at 01:41 PM..
And you just can't accept the fact that what Obama is doing to fix this economy is actually beginning to WORK !!!
We are no longer in the massive 43% stock-market "free-fall" that we saw during the final year of Bush!
But he isn't doing anything today....
When he does actually say/do something the market normally tanks...
It will be funny to watch when the fedgov. starts buying the 'toxic assets' owned by the banks....because the banks are going to make a killing on this.
Funny that Obama was saying the same basic thing for a while until suddenly it all got better(I believe he even used the same phrase as McCain to describe the economy...LOL)...
Nothing changed of course but ignore that minor inconvenience.
When he does actually say/do something the market normally tanks...
It will be funny to watch when the fedgov. starts buying the 'toxic assets' owned by the banks....because the banks are going to make a killing on this.
Banks....the same banks that are failing....the same banks that are running the show....and extorting our money from their friends in the Treasury Dept.
Banks....the same banks that are failing....the same banks that are running the show....and extorting our money from their friends in the Treasury Dept.
Everything is going up today ... not just banks !!!
GOBAMA .... GOBAMA .... GOBAMA ... !!!!
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8,025.63 !!!!!
I would be surprised if the market reached the high mark that it did under the last moron in office. 
+268.97 (3.47%) Dow at 8,030.57 !!!
