DOW down almost 1400 pts since Obama elected

[KSB2424 3,148]

It ain't no ebb and flow.

Market correction, ebb and flow, call it what you want. Put a pretty bow on it while you are at it. Either way the market was primed for this collaspe no matter who the fock was the president.

[kutulu 1,659]

Either way the market was primed for this collaspe no matter who the fock was the president.

 

 

Agreed. And any kind of real recovery is years away. Get ready for some bear market rallies, however.

[posty 2,612]

Agreed. And any kind of real recovery is years away. Get ready for some bear market rallies, however.

 

Yep... And when it does recover, guess who will get credit...

[kutulu 1,659]

Yep... And when it does recover, guess who will get credit...

 

 

That will depend on who wins in 2012, Biden or Palin.

[Recliner Pilot 61]

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?

 

Bush + Republican Congress= DOW Up

 

Bush + Demwit Congress= DOW Down

 

Hmmmm.........

[DAVID RUFFIN 2]

Bush: 2245 points in 2855 days...

 

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

 

And your point is???

 

 

 

Ummm, Bush is still President.

[Recliner Pilot 61]

Ummm, Bush is still President.

 

 

Pelosi is still Speaker and Reid is still Senate Majority Leader, so what's your point? The DOW was up under Bush with a Republican controlled Congress, it only started to fall after the Demwits took over.

[IAMWood 6]

Pelosi is still Speaker and Reid is still Senate Majority Leader, so what's your point? The DOW was up under Bush with a Republican controlled Congress, it only started to fall after the Demwits took over.

 

So why are you blaming it on the president elect again?

 

[Recliner Pilot 61]

So why are you blaming it on the president elect again?

 

 

It's another Demwit log on the fire. The market is anticipating Obama getting passed what he promised, and it is tanking.

[IAMWood 6]

It's another Demwit log on the fire. The market is anticipating Obama getting passed what he promised, and it is tanking.

 

I voted for Ron Paul.

 

At least Obama got oil to under $60 a barrell!

 

 

[thetxstang 0]

God damb Obama, he got the stock market to end up 553 points higher today! Golly gee whiz, how'd he do that?!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Voltaire 5,202]

God damb Obama, he got the stock market to end up 553 points higher today! Golly gee whiz, how'd he do that?!

 

As a rule of thumb, during the next two months, whenever the stock market goes up, it's because the president the poster likes is acting responsibly. Whenever it goes down, it's because the damn b@stard the poster doesn't like is up to some shenanigans.

[mighty_thor 115]

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?

 

Thats a 4% growth per year. Far below Presidents like Clinton.

[thetxstang 0]

As a rule of thumb, during the next two months, whenever the stock market goes up, it's because the president the poster likes is acting responsibly. Whenever it goes down, it's because the damn b@stard the poster doesn't like is up to some shenanigans.

 

 

I'm not quite sure if your post is tongue-in-cheek, or if you think I'm of the belief that Obama actually is responsible for the market's 1400 point drop, as RP imputes. At any rate, I assure you my comment was only designed to ridicule RP for attempting to paint Obama as the culprit.

[Voltaire 5,202]

 

I'm not quite sure if your post is tongue-in-cheek, or if you think I'm of the belief that Obama actually is responsible for the market's 1400 point drop, as RP imputes. At any rate, I assure you my comment was only designed to ridicule RP for attempting to paint Obama as the culprit.

 

Sorry, to clairfy: this thread is absolutely ridiculous and anyone who posts something serious or believes any of the crap inside is a moron. Except this post. This is the one true post in the whole thread because it points out all the other ones as full of BS.

[thetxstang 0]

Sorry, to clairfy: this thread is absolutely ridiculous and anyone who posts something serious or believes any of the crap inside is a moron. Except this post. This is the one true post in the whole thread because it points out all the other ones as full of BS.

 

[kutulu 1,659]

Sorry, to clairfy: this thread is absolutely ridiculous and anyone who posts something serious or believes any of the crap inside is a moron. Except this post. This is the one true post in the whole thread because it points out all the other ones as full of BS.

 

[Snoopy1 0]

I'm shocked RP hasn't bumped this in light of todays news: Stocks soar on Obama stimulus plan

[peenie 1,905]

[Recliner Pilot 61]

I'm shocked RP hasn't bumped this in light of todays news: Stocks soar on Obama stimulus plan

 

That would put Obama down around 800 points since being elected.

 

[tikigods 76]

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

 

Probably a good idea to change the Constitution to get rid of Bush sooner since he is responsible for the economic collapse.

[RLLD 4,143]

Probably a good idea to change the Constitution to prosecute Clinton, Gramm, Greenspan, Bernanke, Bush, and Paulsen since its all their collective fault

 

Fixed!

[tikigods 76]

Fixed!

 

Wrong.

[RLLD 4,143]

No, I am right and you are wrong, its the difference between watching the news and performing an in depth analysis to actually understand the root cause.

 

The only politicized aspect of this event is the fact that the aforementioned politicians all caved to the lobbyists who sought to remove the regulatory restrictions that kept them from leveraging themselves into oblivion.

[tikigods 76]

No, I am right and you are wrong, its the difference between watching the news and performing an in depth analysis to actually understand the root cause.

 

The only politicized aspect of this event is the fact that the aforementioned politicians all caved to the lobbyists who sought to remove the regulatory restrictions that kept them from leveraging themselves into oblivion.

 

Nothing politicized about it. Bush inherited an economy that had a balanced budget and was growing at 4% annually. His reckless spending and war-waging is the reason we are here.

 

You fail.

[RLLD 4,143]

Nothing politicized about it. Bush inherited an economy that had a balanced budget and was growing at 4% annually. His reckless spending and war-waging is the reason we are here.

 

You fail.

 

Wrong. The damage was done long before he took office, though he did nothing to stem the tide.

 

The roots of this debacle go much further back than you can comprehend, in order to speak on the topic you need to research. Regardless of the president in office, this sequence was set in motion and on its way in 1995. Gramm and Greenspan in particular were integral.

 

Read more, you will seem less stupid.

[tikigods 76]

Wrong. The damage was done long before he took office, though he did nothing to stem the tide.

 

The roots of this debacle go much further back than you can comprehend, in order to speak on the topic you need to research. Regardless of the president in office, this sequence was set in motion and on its way in 1995. Gramm and Greenspan in particular were integral.

 

Read more, you will seem less stupid.

 

Please. Just stop. Put down the Kool-Aid and stop the partisanship. The more you try to rationalize your point the more ridiculous and desperate you seem to be.

 

Thread. Over.

[Snoopy1 0]

Please. Just stop. Put down the Kool-Aid and stop the partisanship. The more you try to rationalize your point the more ridiculous and desperate you seem to be.

 

Thread. Over.

 

Boy I hope you're kidding...saying that RLLD's being partisans in his assignment of the blame...

[tikigods 76]

Boy I hope you're kidding...saying that RLLD's being partisans in his assignment of the blame...

 

It was sarcasm. Please try to keep up.

[phillybear 366]

Nothing politicized about it. Bush inherited an economy that had a balanced budget and was growing at 4% annually. His reckless spending and war-waging is the reason we are here.

 

You fail.

 

Um, we were in a recession when Clinton left office. He left the cupboard bare.

 

Seems like this is happening a lot lately. Bush I, Clinton, Bush II. All leave office with the economy in shambles.

[RLLD 4,143]

It ALL started with Reagan to be perfectly precise, and his 'magical of the marketplace'.....the thing is, magic isn't real, its an illusion, and so too was the effort to deregulate. Regulations exist to counter the flaws specific to capitalism, and every economic system will have flaws to varying degrees.

 

In 1995 Clinton took a pivotal step that would ensure a housing bubble when he supported the heavily revised the Community Reinvestment Act in 1995 and took other measures that virtually forced lenders to give mortgages to subprime borrowers. This created artificial demand that helped the economy, and the housing market, recovery from the modest recession of the early 1990's.

 

Then you have good old Phil Gramm, this motherfocker is in the same category as strike and Gutter....calling us a "nation of whiners" and noting that "Has anyone ever noticed that we live in the only country in the world where all the poor people are fat?" and then went on to say " the elderly deserved no sympathy because few people had the 'luxury' of living to 80 and that Federal budget provisions for the handicapped encouraged people to be crippled. "

 

This cacksuk3r slipped in a quick modification to legislation just before a vote on December 15th 2000 referred to as The Commodity Futures Modernization Act....it was a sweeping piece of crap that enabled companies like Enron to run a muck as regulatory tools were widely stripped away and the derivatives market had no oversight at all.....to this day this focking coward still maintains that his legislation did not do any of this, and it was the media and the average consumer at fault.....I FOCKING HATE THIS C0CK.....

 

All the while Greenspan knew EXACTLY what was happening and even made reference to irrational exuberance, but did nothing to stop it.....perhaps at the urging of the white house, perhaps at the urging of the Wall st cronies....

[Blitzen 0]

I'm sure my eyes deceive me again....can't possibly be RP claiming that what the Prez does has an effect on the Dow. Nope.