Posted on 01/26/2011 9:23:31 AM PST by TheTeaPartyChannel
Odds are that it was predictable that Obama did not want to give the Bush Tax Extension any credit to the DOW approaching 12,000 along with improving economic data. Nothing! IT'S ALL ABOUT ME! Obama wants all the credit for the upcoming economic rebound. So what happens next? will MSNBC and CNN start creating polls that show Obama's Approval is back over 50%?
Because pinkos don’t do truth — it’s not how they roll.
What improvement. The Dow is not a proven indicator of how the US economy is doing.
The Dow has nothing to do with the health of the economy... not the market as it exists today.
LLS
Because the real reason for the rise in the DOW is that the FED is buying U.S. Treasuries almost daily, in effect, printing money, and pumping it into Wall Street. Let’s ignore the elephant in the room for as long as possible...
when we start seeing 200,000 jobs a month for at least the next 4 months, it will be thanks to the Bush Tax Extensions! I am aware that the DOW is just one indicator,but if 10% of Americans still can’t find jobs by Spring,then this boring State Of The Union will be perceived as just another laughable non-believable Obama Speech.
The Dow is up because of The Ben Benank printing trillions of dollars. The inflation from the that will come.
I feel sorry for baby boomers and seniors when the hyperinflation whirlwind arrives. Still - many voted for him and watch TV and ALL of TV supports Obama - so they sort deserve what is coming their way.
It’s probably more the result of the electorate’s Nov. 2 restraining order.
This is really it. Interest rates are nil - where else are you going to put your money?
In the past few days JP Morgan, Citicorp and others announced totally fake earnings pumped up by FREE Fed money and accounting changes that were bogus. The dollar will be worthless based on what the Fed is doing. This is to fool the sheeple.
Yep
And Obama has the worst case anyone has ever seen!
lol
all I see is an economy being propped up with government debt that will collapse the second the stimulus is cut off.
Obama deals in a few things however truth isn’t one of them.
100% dead on!!!!!
LLS
Nor did he of course give any credit to GWB for the success in Iraq. Also sounds like he single-handedly won in Afghanistan.
The increse in the DOW is nothing but a reflection oif the lessening of the purchasibng power of the dollar. That’s all,,, it’s not based on a single fundamental beyond that.
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