Obama Bear Market Continues

[asur]

The DOW dropped again in the US and the sad economic decline continues.
No president in American history has destroyed so much wealth in so short
a time. It's not coming back and we are headed for a depression.
BO is stinking up the economy.

But he doesn't care, he's rather sign stem cell bills and try to claim
some unimportant success. The liberal rave about all this, while financial
devastation is in view.

Sooner or later Americans are gonna experience real pain.
The economy is sinking big time right before our eyes, yet few are
blaming the man responsible (Obama).



PS:
Liberal democrat Warren Buffet is predicting big inflation down the road.

Let's hope Warren is wrong, which apparently he has been by losing so much money himself, this year. Had he voted differently...

 

[HankHill]

The libs are drunk with power. Being denied it for 6 long years, they are trying to jam their entire insane agenda down our throats as fast as possible, to bring us "change".

Too bad the "change" the libs wanted doesn't have a thing to do with the "change" people thought they were going to get. Change is not always a good thing.

The economy really isn't of much interest to them, as they show you in their actions.

 

[pocketfullofshells]

The DOW dropped again in the US and the sad economic decline continues.
No president in American history has destroyed so much wealth in so short
a time. It's not coming back and we are headed for a depression.
BO is stinking up the economy.

But he doesn't care, he's rather sign stem cell bills and try to claim
some unimportant success. The liberal rave about all this, while financial
devastation is in view.

Sooner or later Americans are gonna experience real pain.
The economy is sinking big time right before our eyes, yet few are
blaming the man responsible (Obama).


PS:
Liberal democrat Warren Buffet is predicting big inflation down the road.

Let's hope Warren is wrong, which apparently he has been by losing so much money himself, this year. Had he voted differently...

Rush hopes he is right.

and again its "Obama's" market now...a whole month into a long slide...Had nothing to do with 8 years of Republican white house...not its Obama ...

 

[Popeye]

Rush hopes he is right.

and again its "Obama's" market now...a whole month into a long slide...Had nothing to do with 8 years of Republican white house...not its Obama ...

Isn't it amazing, Obama's been in office approximately 45 days and according to the right wing nut jobs he's responsible for everything that the Bush White House brought down upon us.

 

[pocketfullofshells]

Isn't it amazing, Obama's been in office approximately 45 days and according to the right wing nut jobs he's responsible for everything that the Bush White House brought down upon us.

Yep, Bush's 8 years where perfect

 

[chestnut]

Yep, Bush's 8 years where perfect

Well he hasn't done anything that has helped. He supposedly appointed "the most capable" people and had the "greatest economic and transition team ever" and ..nothing.

It's clear to see that the driving force of the economy is not in sync with Obama's plans. They do not see an environment for business to thrive so they are not investing or growing their business. They are scaling back.

Cap and trade - negative
Tax over 200k negative
Employee Free choice Act - negative
cutting defense - negative
No domestic drilling - negative
Encouraging states to put more people on welfare - negative
trillions and trillions in debt - negaitve
Mortgage plans to help those who don't deserver it - negative

These are the ideas he has put out and none of them are going to help the economy.

The biggest single thing that congress should have done was to give all americans a payroll tax holiday for 6 months. That is some major incentive and it would have gotten in hands of Americans immediatly

Now we are waiting for the money to slowly trickle in and for projects (which are not so shovel ready, I guess) to get started.

He signed the schip into law which is going to tax smokers (which are all mostly the lower income level). How is that helping them with their spending. And when they buy less cigarettes and the tobacco companies lose money, that's less they can give to the government.

It's all connected and Obama does not get it.