Obama not concerned with the 'day-to-day gyrations' of the stock market

Washington Examiner ^ | 03/03/2009 | AP

[theruleshavechanged]

Obama said he is not measuring policies against "the day-to-day gyrations of the stock market," but by whether lending is flowing more freely, businesses are investing and the unemployed are going back to work.

[theruleshavechanged]

Ugg. more hope and optimism from Obama-land. I bet the market tanks today. Again.

[Perdogg]

no sh!t. Really?

[bvw]

Psychological Detachment. The man is a high-functioning, charismatic, autistic.

[Frantzie]

The daily gyrations are a severe downward trend or a vote against O’s marxism.

[JLS]

Nor should he be. But a downward trend in reaction to his policies should be a worry.

[indcons]

Yes, he did - I was shocked to hear him say it. I guess I shouldn’t have been surprised.

[exist]

Why would they be concerned? They're having a dandy old time in the White House and in Gaza.

[PBRSTREETGANG]

Of course he’s not concerned:

A) He hasn’t a clue

B) To the extent that capitalism fails it inures to the benefit of the ideology he holds dear anyway.

[ETL]

5-year Dow chart:
http://finance.yahoo.com/echarts?s=^DJI#chart1:symbol=^dji;range=5y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

1-day Dow chart (real-time updating):
http://finance.yahoo.com/echarts?s=^DJI#chart1:symbol=^dji;range=1d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

[Tex Pete]

He’s not worried because it is moving exactly as they have planned.

[txnativegop]

Obama is an economic illiterate.

[napscoordinator]

The more it drops now the better he will say he made it better when it goes back up. That has always been my fear. He loves this tanking right now. He knows the market is cyclical and is betting that it will go up in 2011 and he is licking his chops in anticipation of taking all the credit for the rebound.

[ArrogantBustard]

Hey Barry Hussein Zero!

How about the month-to-month COLLAPSE of the stock market?

Huh?

[ArrogantBustard]

Autistic?

No ... he's a psychopath.

[Tarpon]

So $3 trillion of middle class wealth went up in smoke since Obama took office, and that's no concern.

Let's face facts, Acting President Obama wants the Hugo Chavez solution. That stupid picture, with the chest full of medals, that's for real.

[theruleshavechanged]

Look at the chart! Clearly something wrong here!

[stylin_geek]

Gad, is our president using the “if I ignore the problem, maybe it will go away” tactic?

If so, then Iran has a nuclear weapon or three within 6 months....

[Titus Quinctius Cincinnatus]

This guy really IS clueless about economics, isn’t he?

[Eric in the Ozarks]

Down 3,000 ain’t ‘day to day gyrations’ Bambi.

[rightinthemiddle]

A stupid socialist is more than dangerous.

Most of the people making BUYING decisions in businesses are investors. The economy is NOT going to recover until these people see some positive moves in the stock market.