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U.S. Stocks Crash in Dow Average’s Worst Ever Inauguration Day Drop
Posted on 01/20/2009 4:02:07 PM PST by MindBender26
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It's very simple; the verdict is in.
On a day when markets are usually up markedly on hope and anticipation, they are in the tank.
The intelligent people of the world think Obama is a fool and have no faith that he can do anything right.
.... and they are right.
To: MindBender26
Are you suggesting that some traders are only now learning that Obama is President?
2
posted on
01/20/2009 4:04:42 PM PST
by
1rudeboy
To: MindBender26
To: MindBender26
The Zero couldn’t even get a token rally out of the markets. A fitting beginning to what will be the worst Presidency in modern history.
To: 1rudeboy
watch for the biggest transfer of money out of America in our history. Companies, and individuals are moving money offshore in droves.
5
posted on
01/20/2009 4:05:59 PM PST
by
devane617
(...And to the Republic For Which It Stood...)
To: MindBender26
Hope and change! Investors hope that the market goes back up and fiddle with the change left in their pockets.
6
posted on
01/20/2009 4:06:02 PM PST
by
sheana
To: MindBender26
The averages started going in the toilet when he started talking, and just collapsed from there. Remember to spread the word when you can...
Obama's fault.
7
posted on
01/20/2009 4:06:09 PM PST
by
chimera
To: MindBender26
8
posted on
01/20/2009 4:06:15 PM PST
by
Deo volente
(High Noon, January 20, 2009: Our long national nightmare begins.)
To: 1rudeboy
I’m suggesting read the tea (bill) leaves.... and weep.
9
posted on
01/20/2009 4:06:39 PM PST
by
MindBender26
(Never kick a leftist when they are down. Wait 'til they're halfway back up! You get better leverage!)
To: MindBender26
Shouldn’t this be front page news?
Oh right, it’s only bad if it’s a Republican President/Congress is in power.
10
posted on
01/20/2009 4:07:16 PM PST
by
GOPsterinMA
(Obama/Biden...change you can laugh at!)
To: MindBender26
When Obama started leading in the polls, the Dow dropped. Around convention time, when McCain's poll numbers were improving, the stock market stabilized and even rallied. When Obama won the election, the market dropped again. The day Obama assumes office, the Dow drops 332 points. We are told that investors are reassessing earnings reports. Sure.
11
posted on
01/20/2009 4:07:48 PM PST
by
fhayek
To: MindBender26
To: devane617
Maybe. I am only noting that no one sat on their butts waiting for Inauguration Day to do it.
13
posted on
01/20/2009 4:08:50 PM PST
by
1rudeboy
To: MindBender26
thankfully my house is paid off as is my cars and i owe nothing to no one at just turned 40.
When this goes all face up they can only blame one person and one party or can they????????????????????????
I hope I really do that those idiots who voted for this phony gets their tuppence first, lose jobs, cars, big mcmansion and those leaving college who voted for him because it was cool might now think twice before they do a popularity vote
14
posted on
01/20/2009 4:09:11 PM PST
by
manc
(Marriage is between a man and a woman no sick MA,CT sham marriage end racism end affirmative action)
To: MindBender26
Obviously meaningless, but still a nice fact to mention to people clueless enough to praise or blame the President for the economy.
15
posted on
01/20/2009 4:09:31 PM PST
by
Arguendo
To: MindBender26
No, no. The market dropped because Bush and Cheney weren’t out of DC before noon.
16
posted on
01/20/2009 4:10:20 PM PST
by
Toespi
To: chimera
I’ll be saying that every day now for 4 years. along with how the Dems have ruined this country.
no one is safe as I’ll be saying it in the post office line, to the docs office to the mechanic waiting room etc
17
posted on
01/20/2009 4:11:02 PM PST
by
manc
(Marriage is between a man and a woman no sick MA,CT sham marriage end racism end affirmative action)
To: MindBender26
The DOW dropped 332 points on Inuaguration Day for a 4.01% loss.
18
posted on
01/20/2009 4:11:20 PM PST
by
Polybius
To: MindBender26
19
posted on
01/20/2009 4:11:24 PM PST
by
444Flyer
(Don't beLIEve Obama.)
To: devane617
Businesses are folding eveyday. It is having a domino effect on suppliers and will subsequently put them out of business etc.
20
posted on
01/20/2009 4:12:21 PM PST
by
Lady GOP
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