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Marxist Obama-nomics Destroy DOW
Cross Action News ^ | 2-27-09 | JB Williams

Posted on 02/27/2009 10:29:00 AM PST by Victory111

14% Lost in First Month of Leftist Power

The DOW Jones average closed at $8,281.22 on January 19, 2009, the night before the Obamanation became an historic reality. A little more than a month later, the DOW continues its free-fall approaching the $7000 mark and nobody knows where the bottom is. But so far, Obama-nomics have cost Americans trillions in new debt and 14% of their savings, in just a month…

Hope for economic recovery is fast flying right out the window as Obamanation change sends investors running for cover. Left-leaning news rag Newsweek, proclaimed that We Are All Socialists Now only days after Democratic Socialists claimed unchallenged control of the federal government and started ramming Marxism down the throats of every America.

(Excerpt) Read more at crossactionnews.com ...


TOPICS: Politics
KEYWORDS: dow; marxism; obama; taxes
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1 posted on 02/27/2009 10:29:00 AM PST by Victory111
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To: Victory111

I repeat, they don’t care if the Market tanks. That makes all those rich Americans POOR like the rest of them. So, they don’t give a damn if it crashes.


2 posted on 02/27/2009 10:30:15 AM PST by RetiredArmy (Lynyrd Skynyrd: Give me back my bullets, Put em back where they belong!!!)
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To: Victory111

BushObamaics.


3 posted on 02/27/2009 10:33:30 AM PST by BGHater (Tyranny is always better organised than freedom)
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To: RetiredArmy
All that's happened is a repricing. It's still the same market, it just has 1987 standards.

Those were the halcyon days of Ronaldus Magnus. To Bill Clinton it was "the decade of greed".

Be happy!

4 posted on 02/27/2009 10:34:07 AM PST by muawiyah
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To: Victory111

Democrats want the market to tank.

It makes it easier to nationalize the businesses.


5 posted on 02/27/2009 10:37:24 AM PST by Snickering Hound
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To: muawiyah

Obamanomics is a complete unmitigated xatastrophe that makes Jimmy Carter look brilliant by comparison.


6 posted on 02/27/2009 10:37:31 AM PST by Ev Reeman
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To: Victory111

Is it true that socialism and capitalism are mutually exclusive?


7 posted on 02/27/2009 10:42:52 AM PST by devistate one four (Impatiently waiting for the next tea party! Tet '68)
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To: Victory111
1-day Dow chart:
http://finance.yahoo.com/echarts?s=^DJI#chart1:symbol=^dji;range=1d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

5-year Dow chart:
http://finance.yahoo.com/echarts?s=^DJI#chart1:symbol=^dji;range=5y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

8 posted on 02/27/2009 10:43:28 AM PST by ETL (ALL the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: ETL

Marxonomics? Hey, did I just coin that? I’m gonna be rich, rich I tells ya !


9 posted on 02/27/2009 10:44:38 AM PST by Scythian
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To: Victory111

Last night on CNBC’s Jim Cramer show, he came out and said “The Commies are in Washington”...


10 posted on 02/27/2009 10:44:57 AM PST by two23
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To: Victory111

Right now, there is no bottom. Analysts have stopped attempting to call one. I said it last fall, I say it again - DOW 5500


11 posted on 02/27/2009 10:45:21 AM PST by phoenix07
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To: Victory111

The annointed one(levin) said on his show that it took America 232 years to be in debt 1 trillion and it only took Ozero 1 day to double it.


12 posted on 02/27/2009 10:45:43 AM PST by devistate one four (Impatiently waiting for the next tea party! Tet '68)
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To: Scythian

Not under Obama “Marxonomics” you won’t.


13 posted on 02/27/2009 10:47:32 AM PST by ETL (ALL the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: devistate one four

All one has to do is do the math.

Do the math and you will find out for yourself just exactly how much of a disastrous lie Obamanomics really is. A monstrous lie. A big monstrous lie.


14 posted on 02/27/2009 10:47:47 AM PST by Ev Reeman
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To: Victory111

One man is single handedly bringing down America as we watch in amazement. we are the enemy, the middleclass, we are the ones who are in the way of thier utopian dream. His agenda, If you kill the market you kill the middleclass. We sit and watch our life savings, retirement funds and investments for our kids college go down the toilet
Overwelm and overburden the government as quickly as you can causing it to collapse. CLOWARD PRIVEN STRATEGY! We are now only approximatley one month into this despicable presidency and we see the irrepairable damage already. When will the ground swell reach the point of no return?


15 posted on 02/27/2009 10:48:17 AM PST by ronnie raygun (Is it time for my medication, reality is starting to set in.)
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To: Ev Reeman

Isn’t that sad, Carter’s reputation will be improved by Obama?

I actually feel bad for Obama, to be remembered as a worse president than Jimmy Carter. What a historical footnote to have attached to your name.


16 posted on 02/27/2009 10:50:10 AM PST by txnativegop (God Bless America! (NRA-Endowment))
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To: Victory111

The DOW is now down 2,500 points since the democrats took control of congress.


17 posted on 02/27/2009 10:50:30 AM PST by icwhatudo
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To: Victory111
Yep and here's his bible. The Cloward-Piven Strategy.
18 posted on 02/27/2009 10:50:47 AM PST by Man50D (Fair Tax, you earn it, you keep it!)
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To: Scythian
Marxonomics? Hey, did I just coin that? I’m gonna be rich, rich I tells ya !

Obama's economic vision reminiscent of Karl Marx's
OneNewsNow ^ | 2/27/2009 | Jim Brown
Posted on Friday, February 27, 2009 1:05:16 PM by Jim Robinson
http://www.freerepublic.com/focus/f-news/2195578/posts

19 posted on 02/27/2009 10:54:19 AM PST by ETL (ALL the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: ETL

Looking at that 5 year chart it would seem that after Nancy and Harry got into power and started doing things their way the market took notice and didn’t like it much. So much for the 8 years of tax cuts for the wealthy being the reason for our woes. Prior to 2007 things were going pretty well with those big tax cuts.


20 posted on 02/27/2009 10:59:05 AM PST by redangus
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