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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: SERKIT
Hedley: S***kicker. (LOL).
41
posted on
03/03/2009 4:33:16 PM PST
by
andy58-in-nh
(You have enemies? Good. That means you've stood up for something, sometime in your life.)
To: Recovering_Democrat
Yes, but it only applies in 54 of the 57 States.
42
posted on
03/03/2009 4:34:06 PM PST
by
mad_as_he$$
(Liquidity is a state of mind.)
To: boomop1
He thinks it depends on how much beer you drink.Yup, it is wussybama's version of the trickle-down theory.
To: keepitreal
Obama is the Barbie doll of finance: Math is hard. See my tagline
44
posted on
03/03/2009 4:53:51 PM PST
by
Dianna
(Obama Barbie: Governing is hard.)
To: Mr. Lucky
Public Entitlement? Yes
The Public Entitlement Ratio is very high these days.....and climbing.....
Which really means stocks are not a good buy because they will continue to fall.
45
posted on
03/03/2009 4:58:36 PM PST
by
SteamShovel
(Global Warming, the New Patriotism)
To: Recovering_Democrat
The man is an empty suit, totally clueless how the world actually works. That was obvious before the election but stupid people get to vote too...
46
posted on
03/03/2009 5:32:51 PM PST
by
DB
To: DB
To: Dianna
48
posted on
03/03/2009 8:31:14 PM PST
by
keepitreal
(Obama brings change: an international crisis (terrorism) within 6 months)
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