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Video surfaces of Barack Obama admitting he doesn't understand the Stock Market
Naked Emperor News/YouTube ^ | March 3, 2009

Posted on 03/03/2009 10:56:01 AM PST by library user

A frighteningly naive Obama talking about large growth stock, diversifying portfolios etc. In these troubled times do you really want to trust a community organizer who doesn't know economics 101 with the largest most complicated economy in the world.

WATCH VIDEO (it's only about 90 seconds).


TOPICS: Business/Economy; News/Current Events
KEYWORDS: abovemypaygrade; dunce; gaffemachine; obama; obamaeconomy; obamagaffes; obamanomics; stockmarket; werescrewed
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To: library user

Evidently, the economy is “above his pay grade” too.


21 posted on 03/03/2009 11:11:29 AM PST by frankenMonkey
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To: library user

Obama is the greatest humiliation our country has ever experienced.
It will takes years of careful reconstruction to correct the multitude of errors and flagrant misdeeds upon our country.
The great purge must start soon to eradicate all the false lies and high ranking supporters that have been part of the Arabian conspiracy to overthrow America.

But first we need to accept the facts that we have the most serious problem in the first place, too many people still live in denial, too many people still live on the daily mantra being dished out by the MSM, and too many people are not doing anything to protest much less make a determined effort to correct this travesty.

There is no time to waste, the time is now to draw the line, about the only real defensive plans so far that could slow down the Obamination is the sovereignty rights of individual states, if we cannot oust the usurper we can minimize his rulership.


22 posted on 03/03/2009 11:11:46 AM PST by Eye of Unk (How strangely will the Tools of a Tyrant pervert the plain Meaning of Words! SA)
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To: library user

Why would BO have to learn about investing? He makes much more money focussing on “organizing communities” and taking bribes from companies like Fannie and Freddie and others.

The stock market could never compete with those kinds of high growth political investments.


23 posted on 03/03/2009 11:12:33 AM PST by takenoprisoner
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To: library user

His handlers (who want to destroy the country) know how it works. He doesn’t need to know.


24 posted on 03/03/2009 11:12:42 AM PST by Sig Sauer P220 (There ought to be one day -- just one -- when there is open season on Senators --- Will Rogers)
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To: library user

He now supports “negative growth” stocks.


25 posted on 03/03/2009 11:13:13 AM PST by editor-surveyor (The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
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To: library user

Obama’s pet goat ate his economic plan.


26 posted on 03/03/2009 11:16:50 AM PST by a fool in paradise ("Do you know the website number?" - VP Joe Biden)
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To: RockinRight
In fact I’d go as far as to say that any stock Obama would mention by name is one NOT to buy.

Look for the corporations that gave a lot of money to the Obama scampaign.

They will be the ones receiving bailout money...

27 posted on 03/03/2009 11:17:49 AM PST by a fool in paradise ("Do you know the website number?" - VP Joe Biden)
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To: library user

I bet Obummer understands sharia banking law though.


28 posted on 03/03/2009 11:18:18 AM PST by OB1kNOb (Economists predicting a quick recovery are like the band that continued playing on the Titanic.)
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To: Sig Sauer P220
If this candidate had been vetted during the campaign, we would not have this anticapitalist ignoramus as a President.

But our party's candidate was seated by the Democrats (including Howard Dean staffers who went to work for McCain 2008 back in 2006). Some turncoats even jumped shipped for the Obama campaign AFTER they'd secured McCain the GOP nomination.

IF we'd have had a real candidate who sought to win, he would have brought up such details about this guy's lack of knowledge on the market during one of the debate.

But no. That would have been cruel. To expose him so. When he means so much to millions.

Better we all suffer with a 3500 stock close.

29 posted on 03/03/2009 11:20:46 AM PST by a fool in paradise ("Do you know the website number?" - VP Joe Biden)
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To: Jim 0216

Ooops - sorry for the multiple posts...


30 posted on 03/03/2009 11:21:44 AM PST by Jim W N
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To: Jim 0216
If you listen closely, he's as much as admitted or demonstrated that he's not conversant regarding economic matters.

He said this much during the campaign in one of his interviews when he said he didn't know about such things but would surround himself with people who DID. Of course, the ones he's found so far couldn't even see to paying their taxes.

31 posted on 03/03/2009 11:21:54 AM PST by a fool in paradise ("Do you know the website number?" - VP Joe Biden)
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To: library user

bttt


32 posted on 03/03/2009 11:22:33 AM PST by snowrip (Liberal? YOU ARE A GUTLESS SOCIALIST LOSER WITH NO RATIONAL ARGUMENT.)
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To: Tempest

Yea, a little late for this video now. All we heard was what a dope mccain was before the election.


33 posted on 03/03/2009 11:25:57 AM PST by jackv (Just shakin' my head!!)
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To: library user

the emporer has no teleprompter. what a boob


34 posted on 03/03/2009 11:26:27 AM PST by wny
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To: massgopguy

I like the part where they explain pork bellies, which are used for bacon, which you would find in a bacon, lettuce, and tomato sandwich. The look Eddie gives the camera is classic.


35 posted on 03/03/2009 11:26:46 AM PST by drew
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To: Osage Orange

>I’d say the only thing to do is exit the stock market completely...or short everything.

Roight-o.


36 posted on 03/03/2009 11:28:38 AM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: library user

He thinks the economy is a “pie”...lol!


37 posted on 03/03/2009 11:29:17 AM PST by SonOfDarkSkies
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To: rightinthemiddle
As you well know, it's price to earnings ratios.

My point was that he is economically illiterate, but still wants to convince us he's a master of all things.

Last week it was a CRISIS, but now we need to buy stocks cause they are a real good deal.

Does this character have any inkling of how transparent and foolish he looks?

38 posted on 03/03/2009 11:32:34 AM PST by EEDUDE
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To: RockinRight

A sure bet is whenever he opens his O-hole, the market goes down. That you can bet on.


39 posted on 03/03/2009 11:33:11 AM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: EEDUDE

I’m not correcting you; just pointing out what Obama said incorrectly.

We are in agreement.

Imagine if Bush had made such a gaffe?

Obama is so used to having his butt kissed, nothing affects him.


40 posted on 03/03/2009 11:34:45 AM PST by rightinthemiddle (Without the Mainstream Media, the Left is Nothing.)
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