Dissing The Market

Investor's Business Daily ^ | 3/4/2009 | uncredited

[AJMCQ]

IBD readers don't need to be told there's a little more to the stock market than President Obama led on Tuesday. But if no one else is going to correct the record, we'll give it a shot.

[AJMCQ]

This really is a concerted effort by "the intelligensia" to destroy capital and any means of creating capital.

[Zakeet]

[1010RD]

That is terrible. The man is our President.

He should at least have his shirt off.

[an amused spectator]

Look for the White House to find out the name of “IBD Editorial Guy” and to have Gibbs start attacking him personally...

[wastoute]

Maybe I have given him too much credit. I thought he was destroying our country on purpose. He doesn't know P:E ratios are price to earnings. The man is an idiot who was put into office with Soros money. Wasn't there a movie about a gardner who became president? Are we really that far down, that the president of the US actually is an idiot? I mean I know the lefties thought Bush was an idiot but I am pretty sure he knew what P to E ratios were.

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[expat_panama]

"...concerted effort by "the intelligensia" to destroy capital..."

I disagree.  These really are the lowest profit/earnings ratios ever seen in any of the 57 states.