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Obama's report card

Faster horses

Well-known member
The Dow is said to be the report card of the President.

So far, Obama is an F MINUS.

The Dow has fallen 2000 points since the election.
And we want this guy to suceed?
I want AMERICA to succeed.
 
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Anonymous

Guest
Faster horses said:
The Dow is said to be the report card of the President.

So far, Obama is an F MINUS.

The Dow has fallen 2000 points since the election.
And we want this guy to suceed?
I want AMERICA to succeed.

How much did it fall before the election :???: Obama inherited the Bush Bust- and GW's being asleep at the wheel for 8 years isn't going to be fixed overnight....
 

Sandhusker

Well-known member
Educate yourelf a little and look at what the DOW did from the time Bush was elected until the Democrats got control of Congress. Consider that he had to deal with Clinton's recession and 9-11 in those years. I'm no Bush fan, but it's pretty obvious that the bust we're in is a Democrat bust.

Do you think Bend-over Barney Frank and Chris "Friend of Angelo" Dodd had anything to do with the Democrat bust, OT?
 

Mike

Well-known member
The Dow hit an all time high of 14,279.96 in Oct of 2007. Just days after that the Dems took over Congress and the rest is history............ :lol:

The whole sytem works on confidence. There is none now.
 
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Anonymous

Guest
The new neocon Republican- they refuse to take responsibility for anything bad that happens....
No wonder the banks are going broke- if bankers are so ignorant to think the groundwork for this downfall/bust was just started a month ago- or even two years ago....Its started 15 years ago- and has been running rampant since 2000....
 
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Anonymous

Guest
Mike said:
The Dow hit an all time high of 14,279.96 in Oct of 2007. Just days after that the Dems took over Congress and the rest is history............ :lol:

The whole sytem works on confidence. There is none now.

Tell me again how much confidence the American public (and the world) had in Bush that last few years- the last few months :???:

20-30% --even lower than Jimmy Carter... :???:
 

Sandhusker

Well-known member
Oldtimer said:
The new neocon Republican- they refuse to take responsibility for anything bad that happens....
No wonder the banks are going broke- if bankers are so ignorant to think the groundwork for this downfall/bust was just started a month ago- or even two years ago....Its started 15 years ago- and has been running rampant since 2000....

Refuse to take responsibility? FRANK AND DODD? Hellllooooo
 

Mike

Well-known member
You can't even argue your very own point/subject? :roll:

Why don't you change the subject a few more times? I'm sure you'll be able to come up with some liberal quote or newspaper argument that fits your agenda.

The Dow works on confidence. Investors have no confidence in Zer0.

Now, that's settled.
 

Mike

Well-known member
Sandhusker said:
Oldtimer said:
The new neocon Republican- they refuse to take responsibility for anything bad that happens....
No wonder the banks are going broke- if bankers are so ignorant to think the groundwork for this downfall/bust was just started a month ago- or even two years ago....Its started 15 years ago- and has been running rampant since 2000....

Refuse to take responsibility? FRANK AND DODD? Hellllooooo

He doesn't get it. I'm not surprised at all.......... :roll:
 
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Anonymous

Guest
Sandhusker said:
Oldtimer said:
The new neocon Republican- they refuse to take responsibility for anything bad that happens....
No wonder the banks are going broke- if bankers are so ignorant to think the groundwork for this downfall/bust was just started a month ago- or even two years ago....Its started 15 years ago- and has been running rampant since 2000....

Refuse to take responsibility? FRANK AND DODD? Hellllooooo

I've never said they weren't part of the problem....But look who was at the helm...

The Buck Stops Here
~Harry S Truman
 

Mike

Well-known member
Oldtimer said:
Sandhusker said:
Oldtimer said:
The new neocon Republican- they refuse to take responsibility for anything bad that happens....
No wonder the banks are going broke- if bankers are so ignorant to think the groundwork for this downfall/bust was just started a month ago- or even two years ago....Its started 15 years ago- and has been running rampant since 2000....

Refuse to take responsibility? FRANK AND DODD? Hellllooooo

I've never said they weren't part of the problem....But look who was at the helm...

The Buck Stops Here
~Harry S Truman

Congress has control of FINRA and the SEC.

COMPLETE OVERSIGHT CONTROL.

Congress was asked seventeen times by Bush to get a handle on Freddie Mac & Fannie Mae. McCain asked a few himself.

Get the picture?
 

Sandhusker

Well-known member
Bush and Co. tried to reform Fannie and Freddie, this is well documented. The vote to do so was split along party lines in committee with the Republicans voting for reform and the Democrats voting that nothing was wrong, this is well documented. Republicans were going to take it to the full Congress and the Democrats threatened a fillibuster, this is well documented. One of the Democrats who pledged to support the fillibuster was your very own Maobama, the man who is going to fix it all now, THAT TOO, IS DOCUMENTED.

NOW, WITH THE DOCUMENTED FACTS ON THE TABLE, WHO IS TO BLAME?
 

kolanuraven

Well-known member
It took some of you 8 years....and you still can't see the wrongs that happened with Bush.....


...and this guy hasn't even had 30 days and you all start this wailing and flogging of yourself and " we're all going to hell" lament.


:roll: :roll: :roll:
 

Sandhusker

Well-known member
This guy has lied to us repeatedly and just sacked the treasury under more false pretenses and we're supposed to remain quiet? You're the one preaching, " "To sin by silence when one should protest makes cowards out of men.", and when we protest you chide us? Make up your mind!
 

VanC

Well-known member
Mike said:
The Dow hit an all time high of 14,279.96 in Oct of 2007. Just days after that the Dems took over Congress and the rest is history............ :lol:

The whole sytem works on confidence. There is none now.

Precisely, and to expand on that, I did a little research and came up with a timeline:

June, 2008. Obama clinches nomination. Dow jones down 10.19%.

October, 2008. Obama is said to be a cinch for election, and starts to unveil his plans to fix the economy. Dow Jones down 13.95%.

November, 2008. Obama elected. Dow Jones down 14.35%.

January, 2009. Obama takes office. Dow Jones down 7.52%, the largest January loss in history.

Feb. 10, 2009. Treasury Secretary Tim Geither details the Obama bailout plan. Dow Jones plunges 300 points in one day.

Feb. 17, 2009. Obama signs the so-called stimulus bill. Dow Jones plunges another 300 points in one day.

Mike is right. It's all about confidence, and it just ain't there right now. Investors are jittery, and, so far, this administration hasn't done anything to ease that. Apparently, more government intervention isn't what they had in mind. Why would anyone want to invest in a company that's about to be taken over by the government? Our govenment may be a lot of things, but no one's ever accused it of being efficient. Heck, they can't even run a cathouse, let alone a real business.
 

kolanuraven

Well-known member
Sandhusker said:
This guy has lied to us repeatedly and just sacked the treasury under more false pretenses and we're supposed to remain quiet? You're the one preaching, " "To sin by silence when one should protest makes cowards out of men.", and when we protest you chide us? Make up your mind!

The " sacking of the Treasury" happened when Bush & Co pushed thru the TARP deal on a moments notice.......and now no one can seem to account for that money!!!

Hmmm....coincidence...I think not.

Sounds like a last raid on the chicken house to me.
 

Sandhusker

Well-known member
kolanuraven said:
Sandhusker said:
This guy has lied to us repeatedly and just sacked the treasury under more false pretenses and we're supposed to remain quiet? You're the one preaching, " "To sin by silence when one should protest makes cowards out of men.", and when we protest you chide us? Make up your mind!

The " sacking of the Treasury" happened when Bush & Co pushed thru the TARP deal on a moments notice.......and now no one can seem to account for that money!!!

Hmmm....coincidence...I think not.

Sounds like a last raid on the chicken house to me.

That "& Co." would be Pelosi and Reid, and all three of them share in the blame for that boondoggle.

But now, Maobama is tossing more money into the pot - that TARP was just the ante. He's tossing a trillion here, a couple hundred billion there, and he's promising much more. The markets know that he's just dangerously shooting from the hip, and a kid with a credit card makes them nervous.
 

VanC

Well-known member
reader (the Second) said:
Our arguing reminds me of fiddling while Rome burns. Bread and circuses.

Excellent point. I'm afraid we might be extensions of our leaders. God help us.
 
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Anonymous

Guest
reader (the Second) said:
Our arguing reminds me of fiddling while Rome burns. Bread and circuses.

Yep- and the continued partisan bickering of Congress- much of it just for political posturing can't be helping confidence.....I saw an article about a Repub Congressman the other day- that actually supports the Jobs/Stimulus package- and would be a benefit to their state-- but said she voted against it because of the peer pressure put on her by the Leadership and their standing besides her right during the vote...
I thought it was kind of a wishy washy excuse for saying I support it but I don't....But after seeing what happened last year in the House when all the Repubs supported the bill to close the Enron Loophole- but then voted against it because their Leadership said they had to back GW- I guess anything can happen......

A few of these rich Congressmen need to have their friends and families riding the grub line- or kicked out of their houses because of exhorbitant interest rates and eating in soup kitchens-- and maybe both sides of the aisle will start working for the country- not some stupid cultist party.....
 

Trinity man

Well-known member
I can't believe they gave money to the business that cause the problems we have today. If they really want to help the tax payer they should have bail out the us. They could have split the money up to the tax payers. Then we could have stimulate the economy.
 
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