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Obama: Stock 'fits and starts' are normal reaction
Breitbart.com ^ | Mar 3 12:44 PM US/Eastern

Posted on 03/03/2009 10:16:48 AM PST by Jeff Gordon

WASHINGTON (AP) - President Barack Obama is comparing the stock market to the daily tracking polls used during campaigns, saying that paying too close attention to Wall Street's "fits and starts" could lead to bad long-term policy. Obama spoke to reporters Tuesday after meeting in the Oval Office with visiting British Prime Minister Gordon Brown. 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. He said he is "absolutely confident" that those things will happen. But the president also said it will take time for the mistakes of the past to work their way through the system.

(Excerpt) Read more at breitbart.com ...


TOPICS: Culture/Society; Front Page News; Government; News/Current Events
KEYWORDS: anticapitalist; bho2009; bho44; bhoeconomy; democrats; economy; lyingliar; obama; obamanomics; poser; socialism; sorocrats; stocks; velvetrevolution
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Fits and starts my ass! This is a free fall plunge. Obama knows that he is wiping out the retirements of millions upon million of Americans. He knows it and it is exactly what he wants. He wants America's middle class to become as dependent upon government as the welfare class.

This is exactly as Glenn Beck says. Obama's method of obtaining equality for all is to bring everyone down.

1 posted on 03/03/2009 10:16:48 AM PST by Jeff Gordon
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To: Jeff Gordon

Why would anyone take this clown’s word for anything that has to do with the real world?


2 posted on 03/03/2009 10:18:03 AM PST by skeeter
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To: Jeff Gordon

A couple trillion here, a couple trillion there, who cares. Communism is grand, it will save you all.

The face of true evil is looking you in the eye.


3 posted on 03/03/2009 10:18:17 AM PST by Tarpon (It's a common fact, one can't be liberal and rational at the same time.)
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To: Jeff Gordon
Sure. It's just a normal fit! What a schmuck this guy is!

ML/NJ

4 posted on 03/03/2009 10:18:47 AM PST by ml/nj
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To: Jeff Gordon
"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"

OK, then Obama, you failed, you're the worst President in History, Barack Hussien Hoover, the worst economy in 233 years, your preyed on our fears, etc., etc.

5 posted on 03/03/2009 10:20:37 AM PST by marlon
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To: Tarpon
The face of true evil is looking you in the eye.

For the sake of argument, assume that Obama were an undercover, foreign agent planted to destroy the United States. If this were true, what would Obama be doing right now that is any different than what he is doing right now?

6 posted on 03/03/2009 10:22:31 AM PST by Jeff Gordon ("An appeaser is one who feeds a crocodile hoping it will eat him last." Churchill)
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To: marlon

Let’s all watch the business orders and unemployment rate, then comment again on bamsters policies


7 posted on 03/03/2009 10:22:56 AM PST by silverleaf (Freedom's just another word for "nothing left to lose")
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To: Jeff Gordon
Fits and starts my ass!

If the "F" is changed to "Sh" and the "st" is changed to "f", it would be far more accurate.

8 posted on 03/03/2009 10:23:03 AM PST by SERKIT ("Blazing Saddles" explains it all.....)
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To: Jeff Gordon

The real question is how long it is going to take for the mistakes of the present to work their way through the system.


9 posted on 03/03/2009 10:23:55 AM PST by Busywhiskers ("There is a time when panic is the appropriate response." Eugene Kleiner)
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To: Jeff Gordon

This is so obvious that someone must have said it already but.... Doesn’t “normal” usually mean it happens a lot? When was the last time the stock market lost half it’s value in 2 years? The depression? So in the last 100 years it’s happened twice? That doesn’t fit anyone’s definition of normal.


10 posted on 03/03/2009 10:24:13 AM PST by demshateGod (The fool hath said in his heart, There is no God.)
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To: Jeff Gordon

as in england, a 2 class society it will be in america..the haves and the have nots....welcome everyone to the have nots...


11 posted on 03/03/2009 10:24:13 AM PST by tatsinfla
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To: Jeff Gordon
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

Pssst, Mr. Messiah, those things aren't happening and the markets are telling you they don't think your program is gonna make them happen in the future.

12 posted on 03/03/2009 10:24:36 AM PST by colorado tanker (Oh my God, am I hoping for change.)
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To: ml/nj

It looks like all fits and no starts to me.


13 posted on 03/03/2009 10:25:03 AM PST by DannyTN
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To: Jeff Gordon

I’m having a fit, because of his start......................


14 posted on 03/03/2009 10:25:08 AM PST by Red Badger (The Zero has more Chicago Bull than Michael Jordan...................)
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To: Jeff Gordon

Obama’s method of obtaining equality for all is to bring everyone down.

That’s so much easier (and quicker) than lifting everyone UP! Capital destruction on display! Bolsheviks out of control!


15 posted on 03/03/2009 10:25:11 AM PST by griswold3 (a good story is more compelling than the search for truth)
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To: Jeff Gordon
He's whistling past the graveyard of capitalism.

Will the little marxist ever realize that once he's killed the host there will be nothing for him and his fellow parasites to feed on?

16 posted on 03/03/2009 10:25:37 AM PST by Madame Dufarge
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To: Jeff Gordon

I didn’t know NASCAR drivers were into FR


17 posted on 03/03/2009 10:25:37 AM PST by prismsinc (A.K.A. "The Terminator"!)
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To: Jeff Gordon

So far, all we’ve been seeing in response to Obama’s policies are the fits. Where are the starts?


18 posted on 03/03/2009 10:25:44 AM PST by Maceman
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To: silverleaf

To grow an economy businesses need to gauge risks, there is no method available for Obamanomics.
Capital flight, capital strike, investors strike, banker strike, etc...you’d think Obama could read the ‘tea leaves’!


19 posted on 03/03/2009 10:27:32 AM PST by griswold3 (a good story is more compelling than the search for truth)
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To: Jeff Gordon
"But the president also said it will take time for the mistakes of the past to work their way through the system."

BDS is still rampant!

20 posted on 03/03/2009 10:29:57 AM PST by Redleg Duke ("Sarah Palin...Unleashing the Fury of the Castrated Left!")
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