As of noon on Tuesday, the Dow is under 8,000 again. Down about 1,600 points since the election (or was that the anointing of the messiah?). Anytime Big O wants to trade some “Hope”, “Change”, 'Believe" rhetoric for an actual plan that works would be fine with me!
If only you were so vocal when GW steered the Titanic into the iceberg maybe things would be different today. 
thats the point… I don’t think it was Bush’s fault anymore than I think Obama can fix it. now if you take the jackasses out of Congress starting with Reid, Pelosi and Frank you may actually make some progress.
dont you get it? Conservatives are in a no-win situation. If the Socialist plan doesn’t work, it was Bush’s fault. If it does work, Obama is the messiah.
It closed under 8000 twice last week. Buy the rumor and sell the news or do what I do and sell the rumor and buy the news as being short in this market has been quite profitable.
As of noon on Tuesday, the Dow is under 8,000 again. Down about 1,600 points since the election (or was that the anointing of the messiah?). Anytime Big O wants to trade some “Hope”, “Change”, 'Believe" rhetoric for an actual plan that works would be fine with me!
The dow will stay around the 8,000 mark until the herd is culled some more.After that we need to get back to supply-side economics which is good for America.
Is there some kind of abstract point you were trying to make, or are you just really really stupid? 3 weeks since Obama got elected and he hasn’t fixed it yet? Your fucking kidding me, right?
How long was Reagan in office before the economy turned around?
not so fast wise guy. your guy (can’t say boy, as some get offended) Obama, promised to save us all, considering all measures of consumer confidence and market confidence seem to be in the shitter,* *I guess public and market sentiment is disagreeing.
He promised to save us all? When?
And he promised to do that in 3 weeks?
Troll.
Great job, President Obama:
Way to rally your cause with the “crisis” talk last night and the fact that your bailout plan lacks credibility.
You’re truly instilling a sense of comfort in your financial leadership skills.
Great job, President Obama:
Way to rally your cause with the “crisis” talk last night and the fact that your bailout plan lacks credibility.
You’re truly instilling a sense of comfort in your financial leadership skills.
“The good news is they are going to spend a trillion dollars, the bad news is they don’t know how,” said James Cox, managing partner at Harris Financial Group.
“They built this up as being a panacea,” he said. “There was so much hope pinned on them to do a good job. The expectations have been so high. It’s hard to live up to.”
Investors also seemed to be questioning whether this plan, which followed previous efforts in the final months of 2008, would be the one that works. Some selling was to be expected, however, as stocks rose sharply last week ahead of the announcement.
Geithner’s speech “basically puts a spotlight on the fact that the government has no idea how to fix the problem,” said Jeff Buetow, senior portfolio manager at Portfolio Management Consultants. “People bought on rumor and hope, and now they’re selling on reality.”
not so fast wise guy. your guy (can’t say boy, as some get offended) Obama, promised to save us all, considering all measures of consumer confidence and market confidence seem to be in the shitter,* *I guess public and market sentiment is disagreeing.
1st off, Obama is not my guy.
2nd of all, what the fuck are you talking about? I would ask for a source, but everyone knows that you are just making shit up. You seriously write some of the stupidest shit I’ve seen on this forum.
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Sorry, but this almost reminds me of the incessant posts by Yahey and Mattinsf cackling about any negative news (often the dow) during the GWB years.
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Obama is still having it both ways, but at what cost. Even within his long-winded answers last night, he reiterated the gloom and doom relative to the economy, then later talked about the importance of restoring confidence to markets and lenders.
If he cut out the “ummmms” in his answers he would have been out of there in half the time.
And people gave GWB a hard time on his spoken answers…Obama sounds awful…
**Anytime Big O wants to trade some “Hope”, “Change”, 'Believe" rhetoric for an actual plan that works would be fine with me! **
Do you really believe that the President controls the stock market?
If so, please explain.
**dont you get it? Conservatives are in a no-win situation. If the Socialist plan doesn’t work, it was Bush’s fault. If it does work, Obama is the messiah. **
Could you explain how either Bush or Obama controls the stock market.
Bush was in power when the market was over 13,000 and in power when it was around 8,000 so could you tell me what he did right and what he did wrong to cause that wild swing?
My “guess” is that the market swings are due to other factors not the President but I would love to hear how you would disagree.
Do you really believe that the President controls the stock market?
If so, please explain.
I don’t at all. That is why it was so laughable when Big O was using it to chastise GWB. The messiah can’t have it both ways.
ES (Edward Smith) was, at least legally, the one who steered the Titanic into the iceberg. If you are referring to the current fiscal mess, I submit there is plenty of blame to spread around. The lions share should belong to Big Bill Clinton.
The lions share should belong to Big Bill Clinton.
Yeah, everything was Bill’s fault. 9/11, the mortgage crisis, invading Iraq, WWII, the Titanic sinking. I bet somehow he was involved in that whole Jesus incident.
I’m quite aware that he doesn’t control it, but it still wont stop the media and public from blaming or crediting him for it. Kind of comes with the territory.
Isn’t the DJIA the big “indicator” of how the “economy” is doing?