from ‘spreading the wealth’ to ‘destroying the wealth’ in a few short weeks. Same end game, I guess.
Excellent — keep up the good work. Yes, the public is TERRIFIED of the Marxist policies coming out way. Nobody of any consequence, especially financial consequence, has been fooled. IMHO, that is why the market is tanking and Marxists will DO NOTHING to restore a healthy CAPITALIST system.
This brings up an interesting question to me..
its pretty obvious that the stock market responds SOOO MUCH to simple consumer confidence, but we also know that in a very real sense, the stock market represents real capital which companies need to continue doing business so where does the stock market’s role as an ‘idiots scale on the health of our economy’ intersect with a real meltdown
just my curiosity
in any case it speaks volumes that confidence in our economy has plummeted and yet most of these people probably still voted for Obama. His rhetoric has changed accordingly too remember how he said it might take longer than 4 years!
The market and most businesses have zero confidence and dread of Obama. I know business owners who would have toughed it out if McCain had won. They had layoff plans in case O won. The day after the election they laid people off.
Ping. I’m still out, thank God and thank you for your insight.
The Obama Rally
This economic crisis is a direct result of a very powerful financial instrument that wasn't fully regression tested - called Credit Default Swaps.
The exposure to CDS contracts has brought down the economies of the world, and we're just getting started.
U.S. Presidents - past, present, or future are powerless to stop it. It has to play itself out.
Congress is just standing in the path of a runaway train. They need to let insolvent corporations go bankrupt. They're just prolonging the financial agony for all Americans.
Change has started sooner than we thought possible.
Let’s see. We’ve stopped blaming Clinton for W’s economic mess, and now we’re blaming Obama.
Zero could be a hero if he’d just issue a statement saying that he will not seek or endorse any tax increases and he now favors reducing the capital gains tax rate.
I’m takin’ my bat & ball & goin’ home.... HA, so there!!!
Illogical, infantile election (howobamagotelected.com),
logical response, “a total of 22%, since Barack Obama was elected 16 days ago.”
Smells like a down-low tax revolt will soon be underway.
Starve the Beast n DC. (worst analogy implied)
It is OUR $$$, not Barney Slurpee Frank’s, no matter his lispy caterwaulin’.
Spread the word, not your wealth.
So much for the slobama honeymoon.
Doll&Jindal12 (or Huck)
tehDeets
We broke -25% today.
The Obama rally continues.
We need to fight this socialist trend at every level. Teach your children to be independent folks and not rely on the unreliable thing we call government.
JoMa
From 14000 to 7500, thats what has happened to the Market since the demonrats took over Congress. At least gas prices are going down, well at least until the First Gay President takes power and starts to RULE.
When he starts raising taxes on everybody and everything, there will be riots of his own Bros marching on his White House.
I hope like hell the U.S. is stockpiling gasoline. Once it dives to 25 bucks a barrel, Iran will blow up and so will gas prices.