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Obama can’t stop market slide
Washington Times ^ | 8/8/11 | Patrice Hill

Posted on 08/08/2011 7:47:42 PM PDT by advance_copy

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To: advance_copy

The Wreck of the Barry Soetero

The legend lives on from the lefties on down
of the company they called “S & P.”
S & P, it is said, never gives up her dead
when the skies of November turn gloomy.

With a load of bull spoor twenty-six thousand tons more
than the Barry Soetero weighed empty,
that flat bottomed scow was Purina dog chow
when the “Gales of November” came early.


21 posted on 08/08/2011 8:02:29 PM PDT by tumblindice ( So whadda want/ Irving Berlin?)
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To: advance_copy

But then, I’ve been saying that since 11/4/08....and few believe me.


22 posted on 08/08/2011 8:02:55 PM PDT by anniegetyourgun
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To: P-Marlowe
Biden would then be president. I don't think the markets would react favorably.

At least Biden doesn't have the aura of malevolence that Obama has, plus he's unintentionally hilarious all the time. We could all use a good laugh right about now.

23 posted on 08/08/2011 8:03:25 PM PDT by Disambiguator
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To: Ghost of Philip Marlowe

He’s busy tonight, fund raising for his presidential campaign.Now there’s a great investment.


24 posted on 08/08/2011 8:03:39 PM PDT by COUNTrecount (Barry...above his poi grade.)
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To: JimWayne

Fair enough. But what about this:

“No matter what some agency may say, we’ve always been and always will be a AAA country.”

Can you imagine President Bush ever saying something so pathetic? I mean, good grief.


25 posted on 08/08/2011 8:05:58 PM PDT by advance_copy (Stand for life or nothing at all)
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To: RummyChick

Don’t know for sure how much he owes satan or soros, but I think he’s got too many strings attached to him and too many people pulling them to be POTUS. He’s a walking conflict of interest.


26 posted on 08/08/2011 8:07:55 PM PDT by virgil
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To: Ronin
When it comes to the economy he has the Midas touch in reverse

He has the Merde touch.

27 posted on 08/08/2011 8:08:43 PM PDT by Disambiguator
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To: advance_copy
“Markets will rise and fall,” the president said at an impromptu White House appearance in midafternoon. “But this is the United States of America. No matter what some agency may say, we’ve always been and always will be a AAA country.”

“Markets will rise and fall,” the president said at an impromptu White House appearance in midafternoon. “But this is was the United States of America. No matter what some agency may say, we’ve always been and always will be a AAA country.”

28 posted on 08/08/2011 8:09:37 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: P-Marlowe
Biden would then be president. I don't think the markets would react favorably.

No, but it would be an effing big deal.

29 posted on 08/08/2011 8:10:47 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: advance_copy

He can’t stop the market slide? Not even with a beer summit? Is it an electric slide like they were all doin’ at his birthday bash? If so, he could stop it, fo sho.


30 posted on 08/08/2011 8:12:50 PM PDT by arasina (So there.)
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To: advance_copy

“The historic downgrade of the United States engendered by political gridlock in Washington caused one of the worst days ever on Wall Street Monday, with the Dow Jones industrial average plummeting more than 600 points in its sixth-biggest drop.”

I really don’t think the downgrade had much to do with what happened today. Anyone who follows the market and the debt ceiling debate already knew the facts that lead to the downgrade. The downgrade was a duh event. Maybe it affected timing—that is, it was the trigger that caused an inevitable event to happen today instead of next week.

Also, I don’t think gridlock is the problem. The problem is that D’s and a substantial number of R’s don’t think spending should be cut—that’s the opposite of gridlock, it is the general agreement of our rulers that Washington should continue to do really stupid stuff. As long as most of our rulers think cutting spending is a dumb idea, it won’t happen. Until it is, public debt skyrockets in the middle of a recession/depression caused by too much debt. Eventually it all comes down and the reckless deficits and monetary expansion make the tumble ever so much worse.


31 posted on 08/08/2011 8:13:03 PM PDT by ModelBreaker
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To: Disambiguator
He has the Merde touch.

LOL!!!!

32 posted on 08/08/2011 8:13:42 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: kevao
If Americans only knew just how much purchasing power their dollars have lost through all this debasement

American travelers abroad know it when they buy a soft drink for $5.00.

33 posted on 08/08/2011 8:14:29 PM PDT by luvbach1 (Stop the destruction in 2012 or continue the decline)
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To: advance_copy

Not only are the Fed and all others pretty much out of arrows in the quiver... this country is in the big middle of a train wreck of emotion. The earners are worn out from relentless attacks on their way of life I believe and they are throwing in the towel.

Wall Streeters may be cold, calculating money making machines but Main Street is heading for the showers. Our spirit is crushed and we are going to regroup.

Politicians aren’t listening to us any more so we aren’t listening to anything anymore.

Tell me please folks when is the last time you remember the government doing anything, besides military action for defense, that was actually good for the citizens of the United States of America? I’ve been asking that question of very reasonable people lately. Even telling them to think about it and get back to me.... nobody has been able to offer a thing.

I think we are going through a paradigm shift from being run over and more and more of the same downward spiral to an emerging revolution. I fear it but embrace it.

Moscow had less to build with but 20 years is a long, long time. Most of the life I have left.

20 years living on the edge and dying in poverty as a septuagenarian or dying now for a cause that I would be hopeful for. Not a hard choice really when you put it in those terms.

That is what I think.


34 posted on 08/08/2011 8:14:40 PM PDT by Sequoyah101 (Half the people are below average.)
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To: ModelBreaker
The problem is that D’s and a substantial number of R’s don’t think spending should be cut—that’s the opposite of gridlock, it is the general agreement of our rulers that Washington should continue to do really stupid stuff.

Nailed it.

35 posted on 08/08/2011 8:15:51 PM PDT by newheart (When does policy become treason?)
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To: ModelBreaker
Also, I don’t think gridlock is the problem.

I agree with your statement. I think S&P mentioned that there was too much partisanship in their press release. Since Obama is one of the most partisan people in DC, I took this as a slap at Obama.

36 posted on 08/08/2011 8:16:33 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: Ronin

To quote Algore: “Everything that’s down should be up, and everything that’s up should be down.”


37 posted on 08/08/2011 8:16:38 PM PDT by luvbach1 (Stop the destruction in 2012 or continue the decline)
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To: Typical_Whitey
The downgrade falls squarely on in the laps of the RATS.

You're absolutely right. But the 'rats are nothing if not great spinners.

38 posted on 08/08/2011 8:19:39 PM PDT by luvbach1 (Stop the destruction in 2012 or continue the decline)
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To: Sequoyah101
Main Street is heading for the showers.

I tend to agree with you. One thing I have noticed, however, is that Main Street tends to help its neighbors in need far more than any gov't agency. Main Street may be p!ssed off about what it goes through to earn a living, but it does not turn a cold shoulder to those in need, for the most part.

39 posted on 08/08/2011 8:23:43 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: anniegetyourgun

Us here on FR believe you. You have to convince your circle of people otherwise. We can’t do it for you. My lost cause is my died in the wool liberal, lesbian, now gay, now bi, married to a gal, can’t make up her mind, government worker, we gave up on her, sister in law. Why bother with that!

I didn’t make that up.


40 posted on 08/08/2011 8:25:10 PM PDT by Indy Pendance
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