Posted on 03/14/2009 11:17:01 PM PDT by 2ndDivisionVet
Do you really think the Dow is going to rally to 8000?
AND every product that uses energy as a factor of production -- which obviously means EVERY product and service you purchase. The data centers which run the Internet consume huge amounts of power and probably account for 40% of operating costs. Your internet bill alone could go up 20% to 30% with these taxes.
You are right. This could be the ultimate expression of the failures of affirmative action.
“We The People” will use a shepherd’s staff rather easily in 2012.”
What planet does this guy live on? The Republicans will nominate a Rino who won’t try. The media will screech, howl and lie, the pollsters will produce polls showing massive support for President BO and ACORN will manufacture votes. Hello 1996.
I agree. Gas prices will increase to $4 a gallon in the summer, as usual for the past coupla years. People will stop driving, stop luxury spending and it just goes downhill from there. I think an immediate offshore drilling and lowering the federal gas tax would have an immediate effect in people relaxing their minds and wallets.
And Bush came in with the disadvantage that a good portion of the populace thought he stole the election.
0bomo is stinking up the place
After the Dow rallies to 8000 in the next 20 days, these numbers will improve for Obama.
Yep! The pundits are already saying that he is helping the stock market...look at this week. Can you believe it? One week??? However, Obama is making the stock market go up too quickly. His plan was for it to begin rising in 2010 and then really increase in 2011...silly guy’s plan is too good. lol.
So if the economic crisis two weeks ago was Bush’s fault, does that mean that good news this week is to Bush’s credit?
I loved the talk Obama gave at the police officers academy in Columbus, OH- where he took credit for the class graduating due to the stimulus money - just days after signing!!!
hh
After the Dow rallies to 8000 in the next 20 days, these numbers will improve for Obama.
I;m thinking this small uptick was massive bargain hunting on barely good news from Citi, et al...there’s still a huge mess coming in consumer debt default (credit cards, home equity loans) and the morass of the mortgage plan to refi everyone and their mom yet which will probably not work as smoothly as the feds anticipate...
I still think that 6500 is more likely than 8000 in the next 20 days...belive me I’m hoping your right that we hit 8000, I just am very skeptical that the rise will continue this week and beyond...
There is absolutely no substantive support for a resurgence in the stock market. It is a little bubble echo of the big bubble pop of October 6, full of speculative gas and nothing more.
Fundamentally things are much worse. Obama’s anti-investor and anti-business policies and promises have crippled the market for at least a decade. By summer the recovery hype will be seen clearly for what it is, and the economic collapse will continue.
In any political polling, there will be hardcore partisans who will deny the opposition a favorable rating or give their guy one NO MATTER WHAT. I’d like to think that RATs are more guilty than we are...
There’ll undoubtedly be a lot of money made shorting the market later this year.
Porkialism Under Assault
Best defense apparently is going to be a loud offense. Politico on the Obama admin’s “post-Rush strategy” to defend the pork/socialism budget agenda by attacking the GOP. None of what is described actually looks new, seeing as the pre-Rush strategy was to characterize the Republican objections to rampant porkulism as ”do-nothing.” A little odd that the wildly popular new admin with control of both houses feels like it has to take the low road, but whatever, it’s his stumbling presidency. Sounds like someone’s sensitive.
The Obama grassroots network—now known as Organizing for America, a project of the Democratic National Committee—has launched an e-mail pledge drive on MyBarackObama.com in which supporters sign their e-mail address to the statement: “I support President Obama’s bold approach for renewing America’s economy.”
The pledge drive was announced with a video called “Ready for the Fight.” Plouffe e-mailed supporters over the weekend with a challenge labeled “The next few weeks”: “In the next few weeks we’ll be asking you to do some of the same things we asked of you during the campaign—talking directly to people in your communities about the President’s ideas for long-term prosperity.”
This is not an easy message war for Democrats. Obama’s budget calls for the largest deficit in U.S. history and a doubling of the national debt to $23 trillion in 2019. That is a big, juicy target for the GOP, which plans to hit this theme relentlessly all spring.
Should be interesting to see if all the Facebook Obamites, assorted young people, Hope-Changers of all stripes will rise out of the trenches for a big bayonet charge in aid of “President Obama’s bold approach … for long-term prosperity.”
Anyone else getting a retro commie slogan feel off that, by the way? Whaddaya think. Soviet five-year plannish or more Cultural Revolution? I’m leaning toward Mao on that one. Whichever, if I were a reactionary counter-revolutionary kulak, I’d watch out. Hey, wait a minute … I think I might be a reactionary counter-revolutionary kulak.
http://www.julescrittenden.com/2009/03/15/porkialism-under-assault/
Retail sales numbers look pretty good. Why should we expect the dow to hit 5000?
With Bank of America and Citi saying they were profitable in the first two months of the year, don’t you think the financial sector is improving?
In oh so many ways, Obama has set the civil rights movement back decades.
From his first days in office when his lack of executive experience and pie-in-the-sky policies became reality he was being judged not only as a President but as a black man.
Though, I have to wonder how he became solidly black when at the beginning of this presidential race other black leaders made it known he wasn’t black enough!!
As his popularity falls and his policies are not only questioned but openly disapproved of, other black politicians will have a difficult time proving they could or would perform better then Obama. That people WILL question the qualifications of other blacks running for public office is a shame.
Is there anything this man touches he does not intentionally or unintentionally destroy?
Barack 'Maidas' Obama.
In the unlikely event that that should happen, it will just be that much bigger heart break for beleagered investors when the real crash comes shortly.
Almost half of the commercial real estate in this country is hanging on baloon loans that come due within the next 90 days. What do you think that portends for the Dow?
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