Obama's First 50 Days: Dow Minus 32 Percent

CBS News ^ | March 9, 2009 | Daniel Farber

[FocusNexus]

President Obama has dispatched his best and brightest, unleashed hundreds of billion of stimulus money, used his political clout and soaring but pragmatic speeches without getting the economic engine restarted. When he took office on January 20, the Dow was at 9625, and it closed today at 6546, down 32 percent in the last 50 days.

[FocusNexus]

I doubt this is the kind of "change" most people were expecting when they voted for "The ONE"

[television is just wrong]

they expected ‘magic’

[coloradan]

As I saw on another thread, this gives a whole new meaning to Obama:2012. Presently, Obama:6550, and falling almost daily.

[shineon]

I know this is a little off topic. But no one is going to believe me when I tell them we had a President who said, “We are the ones we have been waiting for.”

[pissant]

Can we call him the “somewhat tricky half white” instead of the magic negro?

[ully2]

I think the decline since the election is on his watch. The market started anticipating from election time.

[stylin19a]

instead, they were hopenotized

[shineon]

Where’s my hamburger? And how come “Steak and Shake” doesn’t serve steak and there’s no ham in hamburger?

At lease White Castle serves burgers in suite cases.

[headstamp 2]

Heh, heh.

I have to go back to my original tag-line for the Obama economic debacle.

“Nothing Lasts Forever, Unless it Does”

[mplsconservative]

I wish our 401k had only lost 32%. Dear Leader is intentionally wrecking the economy to achieve his goals.

He’s no different than Castro or Chavez.

[television is just wrong]

tricky half whit and you got it.

[piytar]

Hey, it is all GW’s and the Republican Congress’s fault. Nevermind that the Dems took over Congress in 2006 (most 0bots still don’t know this). Besides, zero is to tired from his White House parties to bother with the minor day-to-day fluctuations in the stock market...

[shineon]

that’s suitcases to you.

[ChessExpert]

The kindest explanation is that the Democrats don’t realize that socialism is not good for capitalism.

A less kind explanation is provided here:
http://www.freerepublic.com/focus/f-gop/2201880/posts

[pissant]

Excellent. LOL

[shineon]

follow the money, right down the drain...

[AHerald]

Can we call him the “somewhat tricky half white” instead of the magic negro?

Funny :)

[LostInBayport]

they expected ‘magic’

They got it...black magic.

Now someone's going to post the "That's Racist" kid. I just know it.

[ken21]

we think a decline like this in the dow is bad news,

but obama thinks it’s good news.

remember, biden said after the election:

you’re not going to like what we’re going to do.

[grandpa jones]

the DOW was around 8000 on 1/20. It's down aout 20% on Bama's watch. The C^BS guy is wrong.