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In The Wake Of One Of The U.S's Biggest Financial Setbacks - Obama Did Nothing To Calm investors.
Free Republic ^ | August 6 2011 | No Lib Zone

Posted on 08/06/2011 8:49:24 PM PDT by NoLibZone

In the wake of one of the US's biggest financial setbacks, president Obama did nothing to calm investors down in advance of Monday's markets opening.

After the S&P credit ratings downgrade on Friday, president Obama celebrated his 50th birthday party in Chicago.

We had expected the nation’s leader to hold a press conference in an effort to calm investors and assure them that the US is safe and good investment.

Or at least release a statement.

There is a very real concern that come Monday, August 8th ,investors will drive the financial markets down.

Assurances from the US president that the U.S. is going to do more to appease investors , would have helped stability in the Markets.



TOPICS: Business/Economy; Culture/Society; Extended News
KEYWORDS: 882011; aug82011; august82011; creditdowngarde; creditdowngrade; debt; sandpcredit; spcredit
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To: orthodoxyordeath

Love it when he comes on and speaks. He is the polar opposite of Obama.


21 posted on 08/06/2011 9:15:56 PM PDT by ozaukeemom (Is it 2012 yet?)
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To: NoLibZone
I had to laugh earlier today when some here suggested that he should call congress back into session and begin trying to solve the problem immediately.

The sociopathic narcissist bastard would have to admit that he was wrong, ain't going to happen and besides that it's the weekend........Party, party.

22 posted on 08/06/2011 9:19:02 PM PDT by The Cajun (Palin, Free Republic, Mark Levin, Rush, Hannity......Nuff said.)
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To: NoLibZone
After the S&P credit ratings downgrade on Friday, president Obama celebrated his 50th birthday party in Chicago.

Usually the proctologist visits the person turning 50, not the other way around.

23 posted on 08/06/2011 9:24:49 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: NoLibZone
Obama Did Nothing To Calm investors.

Anything Bozo would have said would have made things worse. .... Hey I forgot. He gave his speech on Friday AM about unemployment and suggested that companies hiring veterans should get a tax break. The market took a nose dive during his "pep talk".

24 posted on 08/06/2011 9:27:45 PM PDT by mlocher (Is it time to cash in before I am taxed out?)
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To: E. Pluribus Unum
My bet is that Putin or the Butchers of Beijing might “retire” him early if he keeps causing their investments to crater, George Soros be damned.

That's a time tested leftist tactic which I'm afraid could be attempted to keep a leftist in the WH post Nov 2012.

25 posted on 08/06/2011 9:29:09 PM PDT by fso301
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To: NoLibZone

I’m sure that this isn’t surprising anyone. Obama is Hoover and Carter all rolled into one and there is nothing he can grab out of any of the historical playbooks that will rescue his presidency from this disaster. And anyway, he’s too busy off throwing a temper tantrum where no one can see.

I was watching the Reagan/Carter debates from 1980 and Carter looked like a deer in the headlights; and I mean really paranoid. I can only imagine what Obama is going to look like after all this stuff going down.


26 posted on 08/06/2011 9:33:34 PM PDT by dajeeps
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To: NoLibZone
Everything he has worked for is happening.
American
Military decline
Financial decline
World status decline
All his hopes have come to past
Soon we will all be equally broke, just as he planned.
27 posted on 08/06/2011 9:40:41 PM PDT by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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To: NoLibZone
Now, you know we have a suck ass president, when we've become so accustomed to him not being presidential, that the thought never even entered our heads that he should hold such a press conference.
28 posted on 08/06/2011 9:43:08 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: NoLibZone
No taking obummers side in this but, screw the investors, they are adults and they make their own decisions. The concern should be about the tax payers that will wind up paying for this mess.
29 posted on 08/06/2011 9:58:24 PM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: marsh2
He may be an organizer, but he is no leader.

Alleged organizer. Hell, we don't even know if Obama is capable of organizing his socks.

30 posted on 08/06/2011 9:58:24 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: marsh2
He may be an organizer, but he is no leader.

When Harvey Kurtz did the job the Mainstream Media wouldn't do, that is trace Obama's working life job-to-job, employer-to-employer, he discovered some very important trends in Obama's career.

Chiefly, every job he ever started, he departed before it was complete. Second, every job he ever had, he left in order to seek "more power". Note: not "more money", not "better working conditions", not "more job satisfaction". He was always after "more power" -- simply because his current job didn't allow him to do what he wanted to do.

In the end, what we have in the Oval Office is a man of no accomplishment who fully expects that, since he occupies the office of the President of the United States -- "the most powerful man in the Free World" -- that he has the power to do anything he wants.

Simply by snapping his fingers...

31 posted on 08/06/2011 10:09:27 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: NoLibZone

“..president Obama did nothing to calm investors down in advance of Monday’s markets opening.”

They have no intention of calming the markets. When I say they, you must look at who Obama is the mouth piece for, social progressive. They must have a crises in order to “we have the solution” They are coming for our wealth to redistribute to the rest of the world.


32 posted on 08/06/2011 10:13:07 PM PDT by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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To: Bean Counter

If you look around and don’t see the dumbest guy in the room, you’re it. obama does this in every room he’s ever in.


33 posted on 08/06/2011 10:18:52 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: All

It’s not obama. It’s his puppet masters. And we only suspect who that is. I’d say Soros is definitely one of them. And I’m sure there are some “gop” elites in the bunch, too.


34 posted on 08/06/2011 10:25:10 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: NoLibZone

IMHO we need to stop dumping exclusively on Hussein. We have to wrap him around the necks of the Democrat Party, so they are indistinguishable. They enabled this lightweight, they hyped him, they hid his record. They are completely responsible for this walking failure. They own him and they should be branded: Barack Obama (DEMOCRAT).


35 posted on 08/06/2011 10:36:18 PM PDT by FreedomFighter1013 (Obama: The Man, the Myth, the Marxist)
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To: FreedomFighter1013

Agreed,

Obama is the current symbolic leader of the philosophy we knew would bring the nation to this spot.


36 posted on 08/06/2011 10:46:31 PM PDT by NoLibZone (Life as Nancy Pelosi knows & wants it, must end, Life As Nancy Knows it is to raise Debt 10% annualy)
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To: The Cajun

He is truly a vile individual.


37 posted on 08/06/2011 10:58:30 PM PDT by Boxsford (God Is.)
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To: NoLibZone
In The Wake Of One Of The U.S's Biggest Financial Setbackseverything - Obama Did Nothing To Calm investors.
There, fixed it fer ya
38 posted on 08/07/2011 5:18:15 AM PDT by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
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To: org.whodat

Did it ever occur to you that the investors are the ones taxed at the highest rate? Destroying the savings and retirement plans of the middle class will make them dependent on government programs thus advancing his socialist agenda.


39 posted on 08/07/2011 5:24:12 AM PDT by BTCM (Death and destruction is the only treaty Muslims comprehend.)
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To: BTCM

No, it occurred to me you risk your money on your own decisions and if you lose it that is not my problem.


40 posted on 08/07/2011 5:36:12 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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