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Posted on 08/02/2011 12:51:18 PM PDT by Kaslin
That’s why Gold shot up over 30 points to $1658 after His Barackness pontificated again from his throne!
What the hell. The market is down over 200 points, and this reflects a mostly positive view???
Brilliant. Dow was in freefall to the close. Down over 260.
* Corporate tax rate that is one of the highest in the World.. Yet effective rates are about in the middle. Which means of course that crony capitalism reigns and companies like GE pay zero tax and job creating small and middle size businesses pay the highest rate in the WORLD.
** Over burdened with government regulation. Massive government with bureaucrats that sit around with nothing better to do than to write new regulations.
*** Trillion dollar deficits for the foreseeable future.
**** Horrible energy policy. The cost of energy and transportation is driving cost up that traditional business models no longer work.
***** Health Care. Since ObamaCare puts heath insurance on private employers, businesses refuse to grow.
Yeah, pretty positive indeed. The dow is at -265 and gold is $1660 an ounce. The market seems elated!
Congress got their vote.
Now the people who have to pay the bill get theirs. And they’re voting no.
Market edging toward free-fall range now, down 265, 2.19% as of this moment.
You have to remember the author wrote the article probable yesterday or two days ago. Had he written it this morning or noon, it would most likely be a different article
I read the title and then went to see what the market was doing and yeah, it looks like they just love it, NOT, it is down 265 right now. The Asian and European markets were down too.
No doubt. The government is stifling business growth right now for sure and that is contributing to the very poor economic news over the last 3 weeks. The issue on the debt has not weighed on the markets because everyone always expected that to get done.
Sounds like the SH*T Michael Medved and Hugh Hewitt have been spewing.
Center “Right” sucks. And everybody on Townhall.com SUCKS!
Explain why the DOW has been down all week!
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