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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.)
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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.)
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To: boomop1
He thinks it depends on how much beer you drink.

Yup, it is wussybama's version of the trickle-down theory.

43 posted on 03/03/2009 4:38:44 PM PST by Vision Thing (wussybama)
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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.)
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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)
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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
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To: DB

bttt


47 posted on 03/03/2009 6:43:10 PM PST by Recovering_Democrat
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To: Dianna
See my tagline

He he.

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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