1. As market staggers. Passive, it just happens.
2. ...keeps focus on long term. Why, Obama is resolute!
3....profit and earning ratios... How polite for the Globe not to point out that a PE ratio is Price and Earning.
>>Obama waved off the ups and downs in the market...<<
Out of curiosity, what “ups”?
So is Odooma calling the bottom?
No thanks, Mr. Zero. I’ll wait for Dow 3000 to start buying.
With these statements he - B Hussein Obama - just proved that he knows nothing about the market or money or even economics.
To all those scared to death about the tumbling stock market, President Obama played financial adviser yesterday, offering the age-old counsel: Buy low and sell high.
Holy cow! Why didn't I think of that! What an opportunity to buy at 6000! Man, that Obama is a freaking genius!!
I forgot. That profit to earning ratio is spot on.
Speaking of which, does anyone recall the Democrats complaining about, oh, 10 years ago or so, that certain companies had profits that were too high and therefore “unamerican”? Perhaps this is what Comrade Obama had in mind.
Marxists are always in it or the “long term.” What they want in that long term is considerably worse than anything we now have. I think this fellow is our first functioning principled communist president.
You heard it here first...
“profit and earning ratios” - this is redundant (profits=earnings) and again illustrates the lack of intelligence of so-called “journalists”.
Yeah, killing capitalism is taking longer than Barry thought it would.
“As market staggers, Obama keeps focus on long term expansion of the role of government in citizens daily lives”
Yes, and according to Zero, we shouldnt worry about the “day to day gyrations” of the market.
He demonstrated his ignorance with yesterday’s statements, but I sense that his comments were directed to the ignorant, foolish sheeple who will follow their pied piper no matter what he says.
Remember, most of the people who dont pay any taxes at all voted for him.
Also, about half of the people in the country are not invested in the stock market, so they will go along with whatever he says about it. That is at whom a statement like that is directed. And they couldnt give a crap where the DJ is at.
I also note that his retarted comments about the market came on the day following a Mark Levin show when Levin lambasted The Kenyan for not making any speeches or making any statements to the country about the market. I do not think the timing was a coincidence.
You know that Odumbo and his shmucks listen to theses guys’ shows. He has already named Rush and Hannity as foes- Levin never gets mentioned by name, which is curious, but he knows he has a target on his back, especially with the Unfairness Doctrine attempts coming.