DOW down almost 1400 pts since Obama elected

[Recliner Pilot 61]

I thought the world was supposed to be all roses and peanut butter once The Messiah was chosen.

[DAVID RUFFIN 2]

I thought the world was supposed to be all roses and peanut butter once The Messiah was chosen.

 

 

I don't get it either, he's had a whole week to turn things around.

[jocstrap 8]

and North Korea just closed off the border with South Korea

 

and Israel is getting attacked again

 

and Iran just tested a new missle that is even better than the last

 

oh, he's going to get tested alright. Let's see how he can balance countries at war plus a devasted home economy. Hard to do both well isn't it?

[Quickolas1 80]

if you think that's bad, dont look at the international or emerging markets indexes

[posty 2,702]

Maybe he will just vote present...

[FlaHawker 24]

and North Korea just closed off the border with South Korea

 

and Israel is getting attacked again

 

and Iran just tested a new missle that is even better than the last

 

oh, he's going to get tested alright. Let's see how he can balance countries at war plus a devasted home economy. Hard to do both well isn't it?

Unfortunately, Obama is probably ok with those moves...

[ERZER 0]

He's not "in charge" just yet.

 

Regardless, what did people expect the market to do, welcome him with open arms? Sure some of it can be attributed to inheriting a problematic market, but when you tell the investors and companies that you're going to raise their taxes for being successful, people are going to hold back their money.

 

As to the global unrest, just as easily explained, he only plans to "talk" to them for being "naughty" and not nice....maybe he'll report them to Santa Clause.

 

A president elect ....um a real presidential candidate elected would have warned the bad boys that their actions are unacceptable and they must stop. He/she would also have meetings with some of the biggest (both Dems and Repubs) and try to enlist their help in addressing how they can collectively fix the problem.....but nooooo, we're about change and hope, not fact and reality.

[jocstrap 8]

Unfortunately, Obama is probably ok with those moves...

 

 

He'll stick his head in the sand and pretend it really isn't happening. We need to embrace the world, no such thing as terrorists.

[redtodd 7]

While the market was not doing too hot before it was official, I do think there is some hesitation that he will punish individuals with money and corporations thus the further decline. Makes sense to me.

[KSB2424 3,148]

Big corporations that drive the stock market and employ many, many people coupled with an economy that is in turmoil thus putting stress on any and every market that these corporations do business.

 

The idea: raise corporate tax

 

[Flashover 0]

I thought the world was supposed to be all roses and peanut butter once The Messiah was chosen.

I don't know one Obama supporter who has this view. I've only seen right wing hacks bring up the "Obama is the messiah" crap. There was a chick at my work who once said the same thing. "Did you hear that they are calling him the Messiah? At least that's what they said on Fox."

[Recliner Pilot 61]

I don't know one Obama supporter who has this view. I've only seen right wing hacks bring up the "Obama is the messiah" crap. There was a chick at my work who once said the same thing. "Did you hear that they are calling him the Messiah? At least that's what they said on Fox."

 

 

What does some kunt at your McDonald's have to do with the market tanking since The Chosen One was Chosen?

[Flashover 0]

What does some kunt at your McDonald's have to do with the market tanking since The Chosen One was Chosen?

McDonald's, good one. I was just pointing out how right wing hacks like yourself like to call Obama "The Messiah" or "The Chosen One" implying that Obama supporters are the ones that believe that crap. I haven't talked to any Obama supporter that think Obama is "The Messiah". I find it funny that right wing hacks call him that.

[phillybear 366]

I don't know one Obama supporter who has this view. I've only seen right wing hacks bring up the "Obama is the messiah" crap. There was a chick at my work who once said the same thing. "Did you hear that they are calling him the Messiah? At least that's what they said on Fox."

 

I guess you know about two people.

 

Every, I mean 99% of people are proclaiming Obama the Messiah, and the other 1% are calling him the Messiah Plus One.

[supermike80 1,922]

Come on guys...

Here fishy fishy fishy

[Voltaire 5,317]

Be it McCain or Obama, I'm just happy to have a serious minded adult finally running the country come January 20th.

[Recliner Pilot 61]

Be it McCain or Obama, I'm just happy to have a serious minded adult finally running the country come January 20th.

http://www.youtube.com/watch?v=4cjtRgnj7pA

 

I guess.

 

 

http://www.youtube.com/watch?v=4cjtRgnj7pA

 

 

He is better here

 

http://www.youtube.com/watch?v=0AVRZh-GcNY

 

 

 

 

 

 

 

 

 

 

 

He IS half white.

[titans&bucs&bearsohmy! 2,745]

Hey RP, how far down is the DOW since Bush took office?

[posty 2,702]

Hey RP, how far down is the DOW since Bush took office?

 

Bush: 2245 points in 2855 days...

 

Since Obama won election: 1400+ in 8 days...

 

And your point is???

[mighty_thor 115]

Hey RP, how far down is the DOW since Bush took office?

 

2349 points! Over 8 focken years! Worst economic performance by a president since Hoover!

[mighty_thor 115]

Bush: 2245 points in 2855 days...

 

Since Obama won election: 1400+ in 8 days...

 

And your point is???

 

The dow declining over an 8 focken year period is staggering!!!!! Do you know how many presidents have seen the dow go down over the course of their whole adminstration?

[NewbieJr 541]

In his first week, he's decided to lower everyone's gas prices. In a few weeks, he'll get the Dow up.

[Bert 1,128]

2349 points! Over 8 focken years! Worst economic performance by a president since Hoover!

Using this argument, Who was President when the Dow hit 14,164 it's all time high?

[KSB2424 3,148]

In his first week, he's decided to lower everyone's gas prices. In a few weeks, he'll get the Dow up.

We need some rain where I live. Think I should write him a letter?

[NewbieJr 541]

We need some rain where I live. Think I should write him a letter?

Give it a shot, but be prepared.....if it doesn't happen, Obama failed to deliver. If it does happen, and someone's basement takes on water, Obama will have ruined housing.

[KSB2424 3,148]

Give it a shot, but be prepared.....if it doesn't happen, Obama failed to deliver. If it does happen, and someone's basement takes on water, Obama will have ruined housing.

But what if it does rain and nothing bad happens? Would it be Obama's good grace? You can't have it both ways.

[mighty_thor 115]

Using this argument, Who was President when the Dow hit 14,164 it's all time high?

 

The alltime high is irrelevant. Since digging out from the 1929 crash most presidents have hit all time highs. The economy should grow in your administartion.

 

From Bush's all time high the DOW its down 42%!

 

Just by population growth the economy should grow a little while under an administration. An 8 year administration without growth is staggering!

[NewbieJr 541]

But what if it does rain and nothing bad happens? Would it be Obama's good grace? You can't have it both ways.

Well, one thing you can be sure of is that you, jerryskids, Recliner Pilot, Flahawker, and phillybear will not be starting any threads about it.

[The Moz 69]

and North Korea just closed off the border with South Korea

 

Just saying but didn't this happen like 50 - 60 years ago??

[Bert 1,128]

The alltime high is irrelevant. Since digging out from the 1929 crash most presidents have hit all time highs. The economy should grow in your administartion.

 

From Bush's all time high the DOW its down 42%!

 

Just by population growth the economy should grow a little while under an administration. An 8 year administration without growth is staggering!

 

So from 2000 through 2007 Bush was one of our greatest presidents in terms of managing the economy because the stock market was up 30% over that 6 1/2 year period?

[KSB2424 3,148]

So from 2000 through 2007 Bush was one of our greatest presidents in terms of managing the economy because the stock market was up 30% over that 6 1/2 year period?

That does not matter. It is only the bad things that happen that we blame Bush and Bush only. Anything good that happened had nothing to do with him. Don't you know how this works?

 

We have seen 8 years of this behaivor from the Democrats and now that the tables are turned they find it crazy and use the terms: "but..but..correlation does not mean causation". Well no focking shiot sherlock thats what we have been saying for 8 years now.

 

The problem is that each side is so wrapped up in defending their own party, or tearing down the other side that they cannot see the blatent hypocrisy.

[kutulu 1,680]

DJIA Annualized Returns Over All 10 Year Periods 1907-2008

 

Focking dummies missing the point.

[Voltaire 5,317]

So from 2000 through 2007 Bush was one of our greatest presidents in terms of managing the economy because the stock market was up 30% over that 6 1/2 year period?

 

No fock no. The stock market is only one indicator. The man ran the deficit up $4 trillion or so and we have nothing to show for it except an economy on the brink of collapse.

[RLLD 4,237]

I would like to also note that the fall is not over yet, expect at least another 15% drop, and depending on how poorly this is mismanaged moving forward, it could easily be a 30% drop in the markets.

 

This is independent of the election of course, no direct correlation actually exists.

 

These events are a direct result of the fraud of housing, the subsequent mismanagement of the FED and treasury; and ultimately this can only unfock itself when home prices drop to their proper levels, or wages rise to a higher level to meet home prices.

 

As i have said all along. If home prices finally were allowed to correct to their proper place, the economic recovery would transpire within 6 months. But, all the government actions up to this point have been geared to propping up the bullsh!t prices, extending the pain, and creating a much nastier and longer recession. When people can gain access to homes for prices that allow them to carry mortgages that equate to 20-25% of their income, the housing market starts moving, discretionary spending resumes as well.

 

Real wages have been decreasing behind the bogus inflation reporting, fraudulent house prices, and bubbles in the markets.

[Bert 1,128]

No fock no. The stock market is only one indicator. The man ran the deficit up $4 trillion or so and we have nothing to show for it except an economy on the brink of collapse.

 

Voltaire STFU. Don't start using real economic indicators like the deficit to explain the state of the economy. This thread is about how the stock market is the only measure of how our economy is doing.

[KSB2424 3,148]

I think alot of people are missing the facetious point RP is making.

 

The Dow dropping since Obama was elected has about as much to do with Obama as the Dow dropping the month prior because of GWB. He is just exposing the liberal’s blatant hypocrisy. Pretty well I might add.

 

Just like RLLD stated in the post above. The economy tanking is more to do with the collapse of the housing market than anything else. (which was the fault of all gov't on both sides of the aisle).

 

I must admit I am enjoying all the people that put the blame on Bush for the DOW come to Obama's defense when the same thing is stated for their guy. It is really funny.

[kutulu 1,680]

[KSB2424 3,148]

Whats the matter? Most common sense people understand that the stock market has ebbs and flows historically and it was time for a significant drop in the stock market. To bad that is not really what this thread was about.

[kutulu 1,680]

Whats the matter? Most common sense people understand that the stock market has ebbs and flows historically and it was time for a significant drop in the stock market. To bad that is not really what this thread was about.

 

 

It ain't no ebb and flow.

[BMoney 0]

Bush: 2245 points in 2855 days...

 

Since Obama won election: 1400+ in 8 days...

 

And your point is???

 

the market plunged after 9-11 and was going to regardless of who was in office...what was it after that first day back? around 8920?

 

lots of ups and downs..but currently around 8270...not the worst plunge since then....

 

its just the market..the economy is obviously junk and needs to go to the shop..but dow alone, 9-11 didnt help...

 

i blame sirius and those who have invested in it $$ that couldve been spent on a real stock