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 ...
Don't. He is exactly where he wants to be.
No, It's down more than 6000+ points approaching 7000 points since they took over.
Are freedom and tyranny mutually exclusive?
“What a historical footnote to have attached to your name.”
Warren Harding’s reputation will be improved by Obama.
From the day Obama was elected to the day he was sworn into office, the DOW shed about 11% of its value. From the day he was sworn it until today, it shed another 12% or so...
23.3% of the DOW is GONE since Obama was elected president. Anyone see a trend here?
He’s right, and another couple weeks to quadruple it...
Keep going, you’re cheering me up. :D
Zero is shooting for zero in the DOW.
Obama is being voted down by every industry, instrument of commerce, manufacturer, retailer and basic extraction organization in the world.
There is a total rejection of this man everywhere, whether you are looking at markets in China, or Europe, South America, or Russia!
Not just Harding, but Herbert Hoover!
I was hoping someone would point this out...
Anyone know who caused the mortgage crisis that was the last straw?
I don’t have any sympathy for Obambi at all.
His far left liberal ideology makes him do all the wrong things to revitalize our economy.
He is just the opposite of Ronald Reagan and worse than Jimmy Carter ever was! And he’s only just started! We’ve got three plus years left to go if we last that long.
That’s good! I gotta say then we are at the perverbial
crossroad.
Decisions are going to have to be made by the “good” men.
They had better decide fast....
Malcolm Gladwell’s description of Harding could so easily fit Bambi:
“The Warren Harding Error is in honor of our best-looking president ever — a man so handsome and distinguished and with such a barrel chest and broad shoulders and commanding voice that people would just look at him and be convinced that that he would make a wonderful leader. Unfortunately, Harding turned out to be our stupidest and most incompetent president ever. (And there is some stiff competition for that title). The Warren Harding Error is what happens when our first impressions are so powerful that they cloud our better judgment.”
This is my description of Obama:
A WALKING, TALKING, DUMBO-EARED STICK FIGURE!
You forgot “PROTECTED BY HIS BUFF ARMED WIFE, MISS HELL”
Now our statement is complete, thanks! I try not to speak ill of women, even liberal women. My mom, would be very unhappy with me. LOL!!!!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.