"Hey, the stock market falls every time he opens his mouth!"
"Yeah, shaddup, ya numb-skull! Why, I oughtta...!"
Posted on 03/02/2009 8:34:04 AM PST by reaganaut1
They are not listening. The president is not listening. His advisers are not listening. They are not watching or listening to the stock market. It seems to be meaningless to them.
...
But there should be some sense that the market is totally falling apart and that we could be at levels that will wreck so many people's live savings -- yes, there is that much in the market -- that it wouldn't be so bad to say, "Here are my goals, I want to do cap and trade, I want to make it so we are being prudent about health care and I want to balance the budget and I want to raise taxes for the wealthy, but I also recognize that the moment is so perilous that we must wait for my agenda until we are more on terra firma."
We need to hear from the president, "We see that there is a terrible reaction to what we want to do, and that's fine given how many things were done wrong before me, but that doesn't mean we need to force the agenda because the agenda is pushing down everything, not just the banks."
In other words, I have thought that the banks could be dead meat with Tim Geithner at the helm. I have not been recommending the purchase of any bank stocks beyond what you might have. But, I also think that the president's actions and talk and budget have put a bull's-eye on EVERYTHING else -- the drug stocks, health care, the utilities and construction, the oils and the gases -- you are taking on pretty much every sector that matters to this market.
(Excerpt) Read more at thestreet.com ...
Words, just words.
The stock market is the last thing that matters to a socialist. Afterall, we have to dry up all those portfolios in order to take complete control and rebuild from the ground up!....This is actually making me sick to even think about it!
How can you believe Obama cares about the stock market when he WANTS to drive energy costs higher? He wants the private economy in crisis so people will allow him to take it over. The ultimate aim is to drive private money to a government investment program.
Obama is hiding his marxist actions behind traditional rhetoric such as “responsibility” but his real definitions of these terms are extremely to the left. He believes in group responsibility to give your wealth to teh “unfortunate” and he views personal responsibility as your need to acquiesce in this transfer.
It’s bonkers but the left always was irrational.
You know if the market were headed north instead of south, the MSM would be cheerleading Obama and telling everyone his plan is working. Now they’re strangely silent. Hmmmm....
I think the Obama agenda is to punish big, greedy businesses.
If he takes their operating income away with stock devaluation, they will have little choice but to accept bail out money. Then he controls them. He controls their lobby in congress. The democRats control the domestic economy by taking the profits out of business and investors.
Link doesn’t work....takes me to a marketing page for their service.
Every cloud has a silver lining.
Cramer wanted Obama, he got him. Now Cramer is being bent over.
See, it’s not all bad news, all the time!
Are any of the whack left media stations even reporting the train wreck in the stock market?.....
Oh, no, Mr. Cramer. Not at all. It's very, VERY important to them.
That's why they are destroying it.
“Cramer wanted Obama”.....
HA! HA!.....Cramers got ‘em!
Bingo!
It is fun to tease my liberal friends about the sorry state of their investments and the further decline since Zero locked in the WH. Course they still blame Bush and the rich Bankers(Rats)..but I remind them that they could have sold when Zero was elected..like I recommended to them.
Then I point out the specific actions in his budget that will further crater their investments.
The trouble with all this is that they will be begging for a bail out from Govt on their investments soon.
I think Zero and his crew WANT the market going down.
It is a subscription site.
I really don’t want to talk to my “liberal” family members about Obama, but it I am forced to, I will certainly ask them about their 401K’s or should I say their 201K’s.
I will point out that the wonderful programs to help the down trodden will not only be paid for by the rich as they thought, not really affecting them, but by the masses with futures tied to the stock market in some manner.
I don't know if that is a good idea.
It might drop even more.
Is Time Magazine bad for America?
Yes
or
Yes indeed
>They are not listening. The president is not listening. His advisers are not listening.<
They are listening, alright and enjoy what they see happening with the stockmarket. It only accellerates the destruction of this country, which they have had in mind from the beginning, before “rebuilding” it in their image.
We knew this from Day One.
Yeah, rich Libs with ties to Eliot Spitzer are just
finding out.
The clock is ticking.
And time is running out for this President and his
minions.
He’s right in his assessment that it doesn’t matter to
them.
They are presiding over it, knowing precisely that it
is they who hold all the cards, and always ready with variations of the explanation that this is only still what they “inherited”. THey are ALWAYS blameless for any current condition or situation. Their underlying certainty is that they have NOTHING to do with bringing about any of this, and that NOW, only socialism will improve it. THeir ultimate conceit is that we should all get out of their way, because everything that’s wrong with the economy is because WE DON’T ALREADY HAVE SOCIALISM!!! I can’t believe no one else sees this.But, having myself been a precocious (sic) far leftist from the age of 17 till about 22, in the late 60s, I know exactly the mindset of the Left. THey are INTRACTABLE. THey are RELENTLESS. None of the rest of you KNOW ANYTHING. They are going to force us into a catastrophic Socialism, and a One World GOvernment, and turn us irretrievably into a THird World Nation, because they haven’t yet been forcefully reminded enough that they do NOT have a mandate to “re-make America”, in Obama’s own words. WHEN, oh, WHEN are we going to do something to STOP THIS????THIS IS GOING TO TAKE MORE THAN TEA PARTIES!!
THere is NOT enough OUTRAGE out there!!
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.