Posted on 01/20/2009 4:02:07 PM PST by MindBender26
Cannot post due to sourcing issues, but the compendium of financial news wires is very specific. On a day when markets are usually up on hope and anticipation, they are down to record lows worldwide.
It will get MUCH worse.
Barrack Hussein Obama 1/20/09 -323.13 -4.01%
The British socialized their economy in 1945. It wasn't until Margret Thatcher in 1979(?) that they were willing to privatize it. The perpetual adolescents that put 0 in office deserve to suffer, but the problem is we and our children will suffer as well.
McCain began to build up a lead and the market began to level out, even climb slightly. Schdumber blew open the financial markets with a panic, Obama rose, McCain and the market tumbled. The final nail was McCain’s inane stopping of the debate in order to saddle Americans with billions in debt... it was free fall from there.
.22 LR’s will be the Quarter of the new millennium.
Get ‘em while you can.
Barack H. Obama 01/20/09 -332 -4%
George W Bush 01/20/05 -68.5 -0.65%
01/20/01 -9.35 -0.09%
Bill Clinton 01/20/97 10.77 0.16%
01/20/93 -14.04 -0.43%
George H W Bush 01/20/89 -3.75 -0.17%
Ronald Reagan 01/20/85 34.01 2.77%
01/20/81 -20.31 -2.09%
Jimmy Carter 01/20/77 -9.64 -1.00%
Gerald Ford 08/09/74 -7.59 -0.97%
Richard Nixon 01/20/73 -7.38 -0.72%
When a prescription for disaster is created, a crisis to alleviate it, is on the way.
Personal freedom as we know it is to be gone in short term and sadly enough because we as the voters in total have asked for it.
They would just shift the onus and jail self loaders with counterfeiting.
Yep, by the end of this year we’ll see a breakthrough of the
6000 level.
I said it then and I'll say it till I die, McCain would have won if he fought the bailout. The Pubs were looking for leadership and he didn't have the vision to see through all the crap.
Not necessarily.
However, I can see investors waiting until the very end to get a better sense of what Obama might ACTUALLY do. After all, BHO says one thing today, and another tomorrow. Nobody knows the man, even now, so it would be logical to wait until better information comes along.
The stock dive might be an indication that investors have figured out Obama (and don’t like what they have found), or that they don’t really know what the man is going to do (and are thus responding to the uncertainty). There is talk of massive government borrowing, which is going to suck up what free liquid capital remains — but it is as yet unclear whether the government will allocate that capital effectively (good and unlikely) or allocate it based on political gain (bad and probably what will happen).
Brace for change, folks.
For some reason, this calls to mind the gal who expostulated that she didn't have to worry about her mortgage and gasoline any more, Obama would take care of it.
Suspect there are a lot more people that expect something like this. Obamarama is already on the hot seat with them.
Offshore? To where? Where is the place safer than the US to send your money?
His expectations were so high that he couldn’t go up anymore.
Wait till that woman , the black one down in FL right ?
Just wait till she still has her bills, maybe lose her house because she lost her job and then she loses her car.
She then will be on the dole like so many wondering after two years of why the Dems and the phony haven’t given them a house and car
His expectations were so high that he couldn’t go up anymore.
Wait till that woman , the black one down in FL right ?
Just wait till she still has her bills, maybe lose her house because she lost her job and then she loses her car.
She then will be on the dole like so many wondering after two years of why the Dems and the phony haven’t given them a house and car...
FAULT=0BAMAYes, the markets correlated well with McCain's poll numbers. Unfortunately, McCain's decision to participate in the bailout knocked him out of contention.
Prior to that, the market was down a bit from its peak but stable. And, his poll numbers were very competitive. Post-bailout, it suddenly became much harder for a conservative to vote for McCain.
Sigh. I tried to do that back in November and my broker talked me out of it. Should have ignored him.
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.