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Does The President Know What 'PE Ratio' Stands For?
National Review ^ | 3/3/09 | Jim Geraghty

Posted on 03/03/2009 2:57:34 PM PST by Recovering_Democrat

Obama, today: "On the other hand, what you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."

Did he mean price-to-earnings ratio? The traditional definition of PE ratio?

If Bush had said the above, it would be ipso facto evidence of his idiocy.


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: bho2009; bho44; bhodjia; bhoeconomy; chancegardener; democrats; drivebymedia; dunce; economy; idiocracy; obama; obamanomics; peratio; stocks; wallstreet
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To: Dog
"This is worse than anyone of us could have ever imagined it would be. This idiot hasn't been tested by our enemies yet. Be afraid.....be very afraid."

As more people tire of the Pet Rock First Black President, feeling true pain and starting to open their eyes, BO's polls will tank (Cook already has him at 57% according to RealClear Politics and Rassmussen is similar). Like the Sink Emperor Clinton, his handlers will want to make him look presidential. That Wag the Dog thingy. Given the opportunity, they will invite a "test". I am having the hardest time not being depressed...

21 posted on 03/03/2009 3:22:22 PM PST by eureka! (Elections have consequences, boy howdy. *sigh*)
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To: newheart

I’ll bet the guy with the Havard MBA wouldn’t have missed that.


22 posted on 03/03/2009 3:22:44 PM PST by Helotes
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To: Dog
This idiot hasn't been tested by our enemies yet.

That is my biggest fear. Sadly, thousands of innocent Americans will have to die because of it.

My hatred for this bastard's schemes know no bounds.
23 posted on 03/03/2009 3:23:52 PM PST by FortWorthPatriot (Those who lack a needle on their moral compass can say anything and not see a problem with saying it)
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To: Recovering_Democrat

No, he does not.

Next question: Is Ottawa in Iowa?


24 posted on 03/03/2009 3:25:13 PM PST by Philo-Junius (One precedent creates another. They soon accumulate and constitute law.)
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To: Helotes
"I’ll bet the guy with the Havard MBA wouldn’t have missed that."

Chinese & Russian joint ventures say hi!
25 posted on 03/03/2009 3:25:42 PM PST by Minus_The_Bear
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To: Recovering_Democrat
Hey, Obama was President of the Harvard Law Review, and wrote two books, so that means he is sooooooo smart.

Just don't ask for his LSAT scores, and don't ask him about him any details of his book writing process.

26 posted on 03/03/2009 3:25:53 PM PST by Plutarch
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To: Recovering_Democrat

no. O knows nothing about stocks.

it won’t matter, there won’t be any stocks left in a coupla years


27 posted on 03/03/2009 3:31:27 PM PST by GeronL (Will bankrupting America lead to socialism?)
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To: eureka!
I'm not depressed.

I'm scared....really scared.

28 posted on 03/03/2009 3:31:49 PM PST by Dog (Obama: no one messes with Joe ..... yeah because picking on a retard is wrong.)
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To: buckrodgers

I thought you’d like this.


29 posted on 03/03/2009 3:32:06 PM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: Recovering_Democrat
Yeah, this was caught on FR hours ago when the quote was first released.

Obama: It's a Good Time to Buy Stocks
Tuesday, March 03, 2009 10:44:31 AM · 67 of 91
rogue yam to rightinthemiddle

If it had been Bush, the media goons would have asked “what is a P/E ratio?”

What the Bamboozler said was this:

"What you're now seeing is a profit and earnings ratios get to the point that buying stocks is a good thing if you have a long-term perspective on it..."

If any Republican had said that, the media would be pointing out that it is economically and mathematically illiterate as well as ungrammatical.

The P/E ratio is the "Price to Earnings" ratio.

"Price", not "profits". "To", not "and".

What he meant to say is something like:

"What you're now seeing is price to earnings ratios getting to the point that buying stocks is a good thing if you have a long-term perspective on it..."

The Kenyan is a fool and the media are his eager tools.

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http://www.freerepublic.com/focus/f-news/2198256/posts

The bottom line, once again: The Kenyan is a fool and the media are his eager tools.

30 posted on 03/03/2009 3:32:47 PM PST by rogue yam
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To: Recovering_Democrat

Hah, maybe he picked up a speech Biden wrote by mistake.


31 posted on 03/03/2009 3:34:25 PM PST by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: Recovering_Democrat
"On the other hand, what you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."

Well that depends on whether you are talking about "mid-growth stocks" or low-growth stocks. ;-)

P.S. This would be funny if it werent so pathetic.

32 posted on 03/03/2009 3:34:39 PM PST by freespirited (Help save humanity. Cure the RINOvirus.)
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To: Dog
I could not be more afraid!

Which is only slightly more than when I first heard 'the ONE' speak. What scares more most is our not being able to stop him; now; much less in four years.

Think we need to enoourage and educate disenfranchised Democrats to change their Party; and encourage their Leadership to do the same.

I don't know; looking more than dismal here for America.

33 posted on 03/03/2009 3:37:39 PM PST by cricket (January 20, 2009 - the day the music died)
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To: Dog

You are not alone.


34 posted on 03/03/2009 3:41:35 PM PST by eureka! (Elections have consequences, boy howdy. *sigh*)
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To: Recovering_Democrat

Hows those NYT P/E ratios looking??

Pray for America, Our Troops and obama’s Continued Failure


35 posted on 03/03/2009 3:45:42 PM PST by bray (Welcome to the USSA!)
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To: Dog
This is worse than anyone of us could have ever imagined it would be. This idiot hasn't been tested by our enemies yet.

If you are one of the smart enemies of the U.S. you wouldn't want to test him because he is no threat at all. A naive chump as the U.S. president is the best friend a dictator could have.

Look at the d*ck move he made by giving up the missile shield in eastern Europe if Russia would help us with Iran.

36 posted on 03/03/2009 4:04:59 PM PST by AreaMan
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To: Recovering_Democrat
Does Obama knows what PE stands for?/

Obama doesn't know what PROFIT means. If his kid ran a LEMONADE STAND, they would have more BUSINESS sense then their dad. (But knowing their parents...they would think BUSINESS is bad!!)

37 posted on 03/03/2009 4:06:13 PM PST by NoMarxist2010 (Rush: I hope he fails meant Rush wants Obama's SOCIALISTIC PROGRAMS to fail.)
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To: bigbob


38 posted on 03/03/2009 4:08:32 PM PST by Chode (American Hedonist - Dear Mr.President, Please make it rain candy!)
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To: NDpapajoe

Hopey Changerton

I like that.


39 posted on 03/03/2009 4:11:51 PM PST by NewHampshireDuo (Earth - Taking care of itself since 4.6 billion BC)
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To: texmexis best
Hedley Lamarr (Barry): My mind is a raging torrent, flooded with rivulets of thought cascading into a waterfall of creative alternatives.

Taggart (Drive By Sycophant Media): God darnit, Mr. Lamarr President, you use your tongue prettier than a twenty dollar whore.

40 posted on 03/03/2009 4:30:39 PM PST by SERKIT ("Blazing Saddles" explains it all.....)
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