Posted on 03/03/2009 2:06:51 PM PST by Federalist Patriot
President Barack Obama said today he is not concerned with the "day to day gyrations" of the U.S. Stock Market because it "bobs up and down" like a "political tracking poll." Huh? This is the man who is going to save our economy? Listen to him meander through this answer and tell me if he sounds like he has any idea what he is doing!? . . . . . . (Watch Video)
Mr. President, you had better start being concerned about the "day to day gyrations" of the stock market, because the drop in the retirement funds of 90% of Americans is tied up in the stock market to some degree. The drop in those accouns in September is largely why you were elected, as people responded with anger and panic. You railed about the drop in stocks then, but now it matters not to you.
Americans need to take note that we have a President whose policies and prounoucements are not concerned about how it affects the markets, and along with it their daily lives and fortunes.
(Excerpt) Read more at freedomslighthouse.com ...
But a few months ago, what happened in ‘a few hours’ in the stock market was a crisis.
http://www.freerepublic.com/focus/f-news/2198397/posts
So hours are a crisis but day by day isn’t?
It’s not “bobbing” President Marx!! It’s dropping like a lead balloon!!!!!! “Bobbing” is what happens under Clinton’s desk.
Here’s the plan:
1.) Tank the stock market so that all those 401k’s that belong to the sujects of the middle classes are essentially worthless with no end to the bottom in sight.
2.) The gubbmint will offer to “bail them out” with some kind of new Ponzi scheme.
3.) Voila! The commie rat bastards get the middle class totally dependent on the gubbmint.
4.) Welfare state expansion achieved.
He lacks a basic understanding of either 1) the stock market or 2) the meaning of the word gyrate, which is to revolve around a fixed point. There is a substantial difference between gyrating and taking a precipitous plunge, wiping out the life savings of millions of people. The man hasn’t a frign clue. We have turned our country over to an economic illiterate megalomaniac. He spends more time devising that stupid stamp to put on all his welfare programs than he does to understanding the economy.
Silly people. The Stock Market isn’t anything to be worried about anymore. Hussein will get rid of it./s
The market is “gyrating” the same sort of way that a man gyrates after he jumps out of a really high window.
Then the Feds uses this bounty to bail out more private businesses ever increasing their control of the private sector....
The result is a huge leap for socialism....and it can happen almost overnight.
Obama and his communist cannibals are coming. You are going to have to fight.
No, A smart communist.
No, A smart communist.
The Obama’s hold parties and line dance while America burns..... I’ve seen this movie before.
Ah. The guy has a knack for giving confidence and respect of the markets... not.
I love the breath of Obama in the morning.
I think you are onto exactly what Obama has planned.
I’m not particularly interested in the day-to-day gyrations of Obama. He is a total amateur and a joke. He will wind up making Jimmy Carter look good.
Good analogy.....Hussein is stupid if he thinks it's just gyrating. It's steadily sinking beneath the waves.
There isn’t a liberal alive that hated GWB more than I hate BHO.
stark raving mad
“There isn’t a liberal alive that hated GWB more than I hate BHO.”
I’ll second that. I despise this incompetent bastard.
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