Posted on 10/08/2008 10:21:42 AM PDT by FormerACLUmember
The investors of the US and the world are massively selling off in anticipation of the economic nightmare of a possible Obama victory.
The stock market is betting is that Obama will royally screw up the US and world economies. For example, the corrupt democrat laws that mandate banks to issue worthless mortgages to unqualified borrowers will remain unchanged. The very same corrupt democrats who created the US mortgage/credit crisis will have even more power, should Obama win.
But... but... I thought they loved Obama overseas & hoped he’d win?! You’re saying that foreign markets don’t agree? /sarcasm
Heard some CNBC shill insist that Wall St. is too busy with the market to think about politics.
Goes to show that the markets are conservitive.
The polling data has been wrong the past two elections and I believe it is very possible they are wrong again.
Apparantly the investors of the world are not the same street vermin bussed in to cheer Obama in his 5 day European photo-op tour.
Foreign companies don’t want their businesses confiscated by a deranged racist. They’ve seen what happened in Zimbabwe and other black run governments.
Wall Street better pay attention to the elections. If Obama gets elected, the people can shut down their whole system.
Stick this on your bulletin board. George Bush has been in office for 7 1/2 years. The first six the economy was fine. A little over one year ago: 1) Consumer confidence stood at a 2 1/2 year high; 2) Regular gasoline sold for $2.19 a gallon; 3) the unemployment rate was 4.5%. 4) the DOW JONES hit a record high—14,000 5) American’s were buying new cars,taking cruises, vacations overseas, living large!... But American’s wanted ‘CHANGE’! So, in 2006 they voted in a Democratic Congress and yes—we got ‘CHANGE’ all right. In the PAST YEAR: 1) Consumer confidence has plummeted ; 2) Gasoline is now over $4 a gallon & climbing!; 3) Unemployment is up to 5.5% (a10% increase); 4) Americans have seen their home equity drop by $12 TRILLION DOLLARS and prices still dropping; 5) 1% of American homes are in foreclosure. 6) as I write, THE DOW is probing another low~~ $2.5 TRILLION DOLLARS HAS EVAPORATED FROM THEIR STOCKS, BONDS & MUTUAL FUNDS INVESTMENT PORTFOLIOS. YES, IN 2006 AMERICA VOTED FOR CHANGE...AND WE SURE GOT IT! REMEMBER THE PRESIDENT HAS NO CONTROL OVER ANY OF THESE ISSUES, ONLY CONGRESS. AND WHAT HAS CONGRESS DONE IN THE LAST TWO YEARS, ABSOLUTELY NOTHING. Stop and think about that for a moment NOW THE DEMOCRATIC CANDIDATE FOR PRESIDENT CLAIMS HE IS GOING TO REALLY GIVE US CHANGE ALONG WITH A DEMOCRATIC CONGRESS!!!! JUST HOW MUCH MORE ‘CHANGE’ DO YOU THINK YOU CAN STAND?
Pass this around!!
Spoken by a CNBC fool/tool without the slightest clue (or perhaps ounce of honesty).
I think the collapse is in the mill and irreversible. McCain is pushing collapse just as hard as Hussein. He is arguably the final influence that was necessary to pass the Weimar Bill that has grown to almost $2 trillion now. He will not return us to Adam Smith economics any faster than Hussein will. One problem with military men is that they tend to believe the Keynesian principle that the economy is really controlled by smart men in the government who pull all the strings and push all the levers.
Consider that CNBC is part of NBC. Nuff said.
Corporate world is conflicted. They want government health care but the rest of O’s schemes will destroy the markets.
When money and ideology collide, money always wins.
The Post American World, by Fareed Zakaria
Barack Obama & the Strategy of Manufactured Crisis
Listen to this Interview of James Simpson, by Sandy Rios, Tuesday 9/30 - WYLL 1160AM, Chicago, IL
From http://www.culturecampaign.com/culturecorner.aspx
Simpson documents his research in his article, providing Web links. He provides a rough flow chart.
Further corroboration on Obama & The Cloward-Piven Strategy:
Obama, Voter Fraud & Mortgage Meltdown, by James H. Walsh, former federal prosecutor.
On Barack Obama's Marxist connections in Chicago
Web Archives Confirm Barack Obama Was Member Of [Marxist] Socialist 'New Party' In 1996
On Alice Palmer, the South Side's Marxist State Senator, Who Hand Picked Barack Obama to Succeed Her
More on Obama's Marxist alliance with Radical Islamists:
And then there are... Herbert and Marion Sandler, the Pritzkers, and the "loose lips" of Charles Schumer and Harry Reid (and Henry Paulson is not above suspicion, with his control-freak power play and Goldman Sachs cronyism).
Get these articles and pictures out to everyone you know (or anything better that comes up) -- voters, media, officials and staff of both parties, everyone. We have time if we act now.
Excellent!! I will copy and paste that.
CNBC was pushing “buy, buy, buy” stocks up until the Obama stock market collapse.
I agree this drop the last two weeks is in part due to business fear of an Obama presidency. I meet with senior business leaders on a regular basis. Privately they are very concerned the impact Obama winning would have on the economy.
We need to get this out to Rush and Hannity.
No way.
I hate all Democrates, but there is no way that this is a factor in what is going on.
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