Posted on 12/01/2008 1:59:11 PM PST by AngieGal
Wasn’t it just yesterday that Steffy on ABC declared the market was UP because of Obama?
“Hey, George Stephanopoulis! Do you still want to give 0 the credit for what happens in the stock market?”
EXCELLENT!! What I wouldn’t give to be able to ask Steph that question in person.
My husband and I are referring to him as TOWSRN (the one who shall remain nameless)
I really think things are only going to get worse and they will still blame Bush and they will still refer to TOWSRN as a great leader....
Another nail in the coffin of the Failed Obama Administration...
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
It takes a Harvard man to fail so spectacularly before he is even voted in by the electoral college.
I should have cashed out my 401k two quarters ago but now I’m way down. I figure that the libs and Soros will start pouring their money into the market in January or February. It won’t last because this economy is built like a house of cards. There are fewer productive workers because of our educational system and the marginalization of hard work, socialism has run amok in the housing market as well as the rest of the economy, liberals will increase regulation even more, the credit crisis will only get worse because of that regulation and loan entitlements, the libs will deep-six the oil economy in favor of immature green technology, and the consumer is going to pay for all of it. There’s no way that this economy won’t crash. The only question is when.
Even if we’ve been in a recession for a year, Congress has been controlled by Democrats for two. They’re just trying to blame Barack’s sure failure on the economy on Bush. It’ll probably work because the American voter is so brainwashed and ignorant of basic facts.
Yeah, I shoulda listened to my wife months ago..she’s got a nose for economic calamity! I cashed out right after the election....still got a paltry 401k in there though. I’ll probably just leave that in, it’s not much money.
I agree: this isn’t a temporary blip, this looks like big trouble. We’re printing money like mad, setting the stage for inflation even though we are supposedly in a deflationary cycle. We got the Baby Boomers starting to retire, pensions are shattered but also overburdened, and add to that all the things you said about socialism unchecked, which will strangle any industry attempts to get back on its feet.
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