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Post by moondog on Mar 6, 2009 13:00:46 GMT -5
Do you know why you have not seen a single reply from saunterelle or Mink in the Slip Sliding Away thread? Because they can not refute that the Stock Market began to tank the very moment that BO won the Democrat primary.
Even investors are saying that America is no longer a place to invest your money in. Not until the policies of this administration are changed. A stinging slap that investors are confirming more and more each day in interviews and actions.
I mean, how can Mink or saunterelle defend this President who is intentionally destroying the retirement of so many Americans. He gives an address every Saturday to the markets and it the last one he was more defiant then ever, according to the interview I heard. And the markets are reacting accordingly. Thanks BO.
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Post by saunterelle on Mar 6, 2009 21:26:59 GMT -5
The reason I haven't responded to that thread is because you are simply pointing out the the market is trending downward. Is it directly because of some action that Obama took? Probably not. As you well know, Bush set our economy on a downward spiral and the stock market is only one of many indicators of this.
Perhaps the market has responded a bit to Obama's stimulus plan that taxes the rich and gives money to people who need it.
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Post by Mink on Mar 6, 2009 21:41:30 GMT -5
Did you ever stop tho think that when Bush came into office with a surplus handed to him by Clinton, that you insisted the soon after recession was Clinton's? By that reasoning alone, it is Bush's recession.
As for the stock market being down, we are experiencing residual effects of the Bush era still lingering and affecting the country.
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Post by crossride on Mar 7, 2009 0:23:22 GMT -5
This is the same market that responds immediately to announcements? How many times have I heard something along the lines of.. "GM announced record profits and the Dow responded rising 92 points"...
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Post by crossride on Mar 7, 2009 0:26:02 GMT -5
The reason I haven't responded to that thread is because you are simply pointing out the the market is trending downward. Is it directly because of some action that Obama took? Probably not. As you well know, Bush set our economy on a downward spiral and the stock market is only one of many indicators of this. Perhaps the market has responded a bit to Obama's stimulus plan that taxes the rich and gives money to people who need it. Let's go with your theory about the market as being accurate. Now I have a question: How come Obama hasn't fixed it yet? He's had plenty of time.
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Post by saunterelle on Mar 7, 2009 2:16:17 GMT -5
The reason I haven't responded to that thread is because you are simply pointing out the the market is trending downward. Is it directly because of some action that Obama took? Probably not. As you well know, Bush set our economy on a downward spiral and the stock market is only one of many indicators of this. Perhaps the market has responded a bit to Obama's stimulus plan that taxes the rich and gives money to people who need it. Let's go with your theory about the market as being accurate. Now I have a question: How come Obama hasn't fixed it yet? He's had plenty of time. Well, for one, Obama inherited an enormous crisis. He stated many, many times during the campaign that it would take a very long time to come out of this recession/possible depression. Bush and the Republicans screwed us. A trillion dollar (mistaken) war and tax cuts for the wealthy put our country on the wrong path (according to the vast majority of Americans). Obama is simply trying to right the ship and get us headed in the right direction again. His plan buffers us from the doom and dismay that would have ensued had the Republicans been elected. Thankfully, Americans were smarter than that and hopefully they've learned their lesson for good.
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Post by harpman1 on Mar 7, 2009 12:43:16 GMT -5
He is simply returning the wealth of this nation to its' rightful owners.
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Post by Mink on Mar 7, 2009 16:27:44 GMT -5
This is the same market that responds immediately to announcements? How many times have I heard something along the lines of.. "GM announced record profits and the Dow responded rising 92 points"... Same one....also listening to the latest job market claims, the one being affected so hard since the beginning of the recession.
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Post by moondog on Mar 9, 2009 10:57:29 GMT -5
The reason I haven't responded to that thread is because you are simply pointing out the the market is trending downward. Is it directly because of some action that Obama took? Probably not. As you well know, Bush set our economy on a downward spiral and the stock market is only one of many indicators of this. Perhaps the market has responded a bit to Obama's stimulus plan that taxes the rich and gives money to people who need it. You know, most of the BO supporters are still trying to blame Bush. But the market reacted to the election, not Bush policies, like it or not. Bush policies prior to 2007, when the Democrats regained control of Congress, drove the market to it's highest levels ever. But the lack of a budget in 2008 made it crash. Now, we have this huge Omnibus spending budget, BO blames Bush for it even though it was his party that drug their feet. Lies, claiming no earmarks. And then gives us a deficit three to four times the size of the Bush deficit. You can't fool Wall Street. The have their fingers on the investing pulse of this country. And BO is chasing them away, damning the investments of all Americans who rely on Money Market accounts vested in the Stock Market. I suppose you and Obama consider these folks rich, so who cares how badly they are hurt, right?
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Post by moondog on Mar 9, 2009 11:02:53 GMT -5
Did you ever stop tho think that when Bush came into office with a surplus handed to him by Clinton, that you insisted the soon after recession was Clinton's? By that reasoning alone, it is Bush's recession. As for the stock market being down, we are experiencing residual effects of the Bush era still lingering and affecting the country. Can you spell LAME? L A M E. Your excuse is worn out. Broken. Unusable. Deficits were receding under Bush until the election of the Democrat Congress, then they went up. When BO took office the deficits went three to four times higher with the stroke of a pen. All based on policies of BO. Like it or not. Investors are not stupid. The market is not reacting to what happened six months ago. Hell, eight months ago it reacted to the election of BO in the Democrat primary. It has been on a steady drop ever since. Why? Because they knew that higher taxes and less opportunity were on the horizon. So continue with your paltry assessment not based in reality, but based in the fact that you voted for a celebrity. BO's inexperience is beginning to show more and more everyday. To bad it is costing so many so much.
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Post by moondog on Mar 9, 2009 11:05:37 GMT -5
Let's go with your theory about the market as being accurate. Now I have a question: How come Obama hasn't fixed it yet? He's had plenty of time. Well, for one, Obama inherited an enormous crisis. You got that right. An enormous crisis caused by the inaction of Christopher Dodd and Barney Frank. An enormous crisis by operating for year without a real budget, thanks to the Democrat controlled congress and exactly why they are attempting to pass the Omnibus spending bill now. A crisis of Democrat creation.
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Post by saunterelle on Mar 9, 2009 19:37:29 GMT -5
Well, for one, Obama inherited an enormous crisis. You got that right. An enormous crisis caused by the inaction of Christopher Dodd and Barney Frank. An enormous crisis by operating for year without a real budget, thanks to the Democrat controlled congress and exactly why they are attempting to pass the Omnibus spending bill now. A crisis of Democrat creation. Yeah right, like this was all caused by the Democrats. I'm sure that Bush and the Republican's worthless $1 trillion dollar war and failed financial policies didn't have anything to do with it.
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