But I'm not hopeful, as when I look around the nets today, I see all of the Lib boiler-rooms saying "BLAME BUSH!!" everywhere....
Uh, I thought we were in for CHANGE. Looks to me like this is more of the same - With a vengeance!
I swear......... when it gets down to about 3500, I’m gonna jump back into the market. (heavy on the satire here)
Won’t the DOW suspend trading at a certain point?
Obama and his ilk have been successful in blaming Bush policies for this mess and Bush solutions as only helping the rich. We are seeing the perfect storm of misinformation and will not be easily fixed.
"As long as AIG gives us kickbacks, AIG will last longer than America."
Dunno-—certainly I’m not an expert or I would be on a beach in Aruba-—but I think it’s entirely possible for this market to go to 4,000 before ANYTHING turns around.
Obama supposedly won on the premise he could take care of all of this!! THIS STATE OF AFFAIRS is all on his shoulders, he signed this stupid stimulus bill, now he can suffer the consequences, as in a big drop in poll numbers. If it were not for the media whores, the whole country would know this by now.
Blame socialism. The Dems wanted socialism-lite but they did not think the middle class would be wiped out by it.
I believe this so called ‘change we can believe in’ is destroying our economy.
Q: What have we got now?
Or, done them in.
Obama’s fault.
That will show those evil rich capitalists...
More layoffs to follow...
It’s reaction to the turd budget Obama laid.
The liberals had better be screaming, every time the market goes further south, that’s more tax revenue that goes out the door, and more pet liberal programs that get trashed.
But I guarantee that the White House is starting to listen to the market, and trying to figure out what the heck to do next that still fits within their schemes. Honestly, it’s probably going to tank further, but hopefully bottom out at 5,000 - much below that, and it’ll be one heck of a long recovery, probably outliving The One’s two terms (since we can’t seem to find someone in the party to talk about smaller government...)
Denninger said 4200 if obama fails to square off and admit the corruption and deal with it (ha)
and 4200 was his optimistic prediction
http://market-ticker.org/archives/756-On-The-Edge-of-The-Abyss.html
It’s the 1970s all over again! And we’ve got Jimmy Carter Part 2 in the White House!
Leave it to CNBC to blame this on AIG or any entity other than Obama’s and the left’s policies.
The democrats are being vicious, politically selfish, and hurting a LOT of people. Never before has our government deliberately declared war on it's own citizens.