Posted on 03/03/2009 2:05:48 PM PST by beacon street bandit
The Dow dropped another 300 points yesterday, continuing its implacable downward spiral since the inauguration of President Obama. Though the stock market had already declined substantially prior to Obama's arrival in Washington, it is significant to note that since he was sworn into office, on yesterday's close, the market has dropped 28% in value in two months time. Although many members of the chattering class may be enthralled with the reign of the New Messiah, investors are fleeing…
(Excerpt) Read more at examiner.com ...
I think Zero started down this path for a couple of reasons, first to scare the bejeezus out of the country so he could pass his radical agenda and second an apparent adolescent need by Zero and the rest of his ilk to build themselves up by putting down the Bush administration. But it's gotten out of hand and his numbers will start a free fall if he keeps talking the economy down.
See I don’t think so. Most of ZerO’s ‘admirers’ are not into the stock market nor do they have 401(k)s. They are the poor, the welfare recipient, the working poor, the non-income tax paying drags on the economy. They only care about what is going to be given to them, and as long as they’re getting stuff, they love the messiah. The rest of us can all just ‘go to hell’ as far as they’re concerned. They hate the ‘rich’ (i.e. anyone making over $50,000/year.) I saw a comment yesterday from some Obama lover who made $25,000/year and he was cheering on the tax hikes for people who made $100,000/year, saying, “If I made $100,000 a year, I’d be happy to pay an extra $1,600 in taxes!”
So, there you go. The huddled masses longing to be free are gone and now they are just the huddled masses longing for something free.
Trust me, those folks are making money going up or down. Soros is more than likely the mastermind behind it all, and believe me, he’s not losing any money in this. He’s probably been short for months...he’s riding it down. Probably rode the DUG down on oil, too and made a killing.
They financed the Obamadebacle, but the voters, the sheeple, the useful idiots are the ones who put him in office.
4300
I still don't get it. Zero is surrounded by old Clintonistas. They didn't do anything for the economy, but they knew enough not to do much damage. I can only think his ego is so big he just ignores good advice and keeps barreling down his radical agenda.
At least we know the low ... 0.
DING DING DING! We have a WINNER!
I wish everyone could see that we do NOT advance out cause by saying how dumb, ignorant, naive, uninformed, (pick your favorite adjective) the Obama administration is. They are none of these. These guys are SMART. Always remember that.
They did not get to the WH without being extremely clever. They did not get the press on their side by being soft in the head. These folks are hard boiled smart. They are in a position to execute The Plan and they are going to get it done, because WE are too dim to see it. Yes, they are going to severely wound capitalism, maybe even kill it in the name of a socialist, communist, totalitarian, (pick your adjective) state. These plans have been hatched in pieces for over 80 years, and they will not miss this chance. Maybe it is The Fates that created this perfect storm, or perhaps it's a grand conspiracy. What I know is that we will never defeat it if we cannot even see it.
So, the poster that writes, in supreme indignation, that TARP II won't fix the banking mess, or that Obama is dumb in his dealings with other world leaders, without addressing how it advances The Plan, is just a fool.
Time to get educated folks, so we can see what we have to fight.
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