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Obama is Causing a World-wide Economic Collapse (Terrified Markets are Anticipating His Win)
Vanity | 10/8/08 | FormerACLUmember

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.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: obama; stocks; yetanothervanity
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On a positive note, an unexpected (but still very possible) McCain win would be associated with record setting stock market gains beginning the day after Election Day.
1 posted on 10/08/2008 10:21:42 AM PDT by FormerACLUmember
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To: FormerACLUmember

But... but... I thought they loved Obama overseas & hoped he’d win?! You’re saying that foreign markets don’t agree? /sarcasm


2 posted on 10/08/2008 10:23:20 AM PDT by Tallguy ("The sh- t's chess, it ain't checkers!" -- Alonzo (Denzel Washington) in "Training Day")
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To: FormerACLUmember

Heard some CNBC shill insist that Wall St. is too busy with the market to think about politics.


3 posted on 10/08/2008 10:23:25 AM PDT by Carley (she's all out of caribou.............but does have a bracelet!!!!)
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To: FormerACLUmember
I tend to agree that it's a factor. I am somewhat involved in the financial services industry and I can see that people are moving their money. the odd thing is that it feeds on itself. the more stocks drop, the more people turn to Democrats to "fix" the economy.
4 posted on 10/08/2008 10:23:40 AM PDT by cvq3842
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To: FormerACLUmember

Goes to show that the markets are conservitive.


5 posted on 10/08/2008 10:23:52 AM PDT by Biggirl (Throw The Bums OUT!=^..^==^..^==^..^=)
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To: FormerACLUmember

The polling data has been wrong the past two elections and I believe it is very possible they are wrong again.


6 posted on 10/08/2008 10:23:57 AM PDT by DonaldC
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To: Tallguy
But... but... I thought they loved Obama overseas & hoped he’d win?! You’re saying that foreign markets don’t agree? /sarcasm

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.

7 posted on 10/08/2008 10:25:11 AM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: Tallguy

Foreign companies don’t want their businesses confiscated by a deranged racist. They’ve seen what happened in Zimbabwe and other black run governments.


8 posted on 10/08/2008 10:25:40 AM PDT by Niuhuru (Fine, I'm A Racist and Proud Of It!)
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To: Carley

Wall Street better pay attention to the elections. If Obama gets elected, the people can shut down their whole system.


9 posted on 10/08/2008 10:26:03 AM PDT by RC2
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To: FormerACLUmember

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!!


10 posted on 10/08/2008 10:26:16 AM PDT by PLD
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To: Carley
Heard some CNBC shill insist that Wall St. is too busy with the market to think about politics.

Spoken by a CNBC fool/tool without the slightest clue (or perhaps ounce of honesty).

11 posted on 10/08/2008 10:27:20 AM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: FormerACLUmember

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.


12 posted on 10/08/2008 10:28:48 AM PDT by arthurus (Old age and guile beats youth and enthusiasm.)
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To: FormerACLUmember

Consider that CNBC is part of NBC. Nuff said.


13 posted on 10/08/2008 10:28:54 AM PDT by Carley (she's all out of caribou.............but does have a bracelet!!!!)
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To: RC2

Corporate world is conflicted. They want government health care but the rest of O’s schemes will destroy the markets.


14 posted on 10/08/2008 10:30:03 AM PDT by Carley (she's all out of caribou.............but does have a bracelet!!!!)
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To: Tallguy

When money and ideology collide, money always wins.


15 posted on 10/08/2008 10:30:16 AM PDT by mrsmel
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To: FormerACLUmember
The Post American World of Barack Obama

The Post American World, by Fareed Zakaria

...connecting the dots to show Barack Obama's long-standing,
continuously developing, anti-American alliances...

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.

"CHANGE"

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:

Barack Obama campaigning with taxpayers' money for Raila Odinga, Marxist & pro-Islamist, despotic leader in Kenya

Barack Obama & Khalid Al-Mansour (old Black Panther comrade of Ayers & Dohrn and likely of Alice Palmer) who raised funds to get Obama into Harvard

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.


16 posted on 10/08/2008 10:32:40 AM PDT by unspun (Web search: "Cloward-Piven AND Obama" - get the truth out to all GOP officials & conservative media.)
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To: PLD

Excellent!! I will copy and paste that.


17 posted on 10/08/2008 10:34:02 AM PDT by caver (Yes, I did crawl out of a hole in the ground.)
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To: Carley

CNBC was pushing “buy, buy, buy” stocks up until the Obama stock market collapse.


18 posted on 10/08/2008 10:34:19 AM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: mrsmel

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.


19 posted on 10/08/2008 10:35:22 AM PDT by gswilder
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To: FormerACLUmember

No way.

I hate all Democrates, but there is no way that this is a factor in what is going on.


20 posted on 10/08/2008 10:41:08 AM PDT by prolifefirst
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