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Stocks Drop Again? Obama Speech?

Mike

Well-known member
Stocks drop as Obama speech and housing data weigh (Dow Down 150+ points)
Yahoo news ^ | 2-25-09 | DJIA


NEW YORK (Reuters) - Stocks fell on Wednesday as investors found little new in a major speech by President Barack Obama on how he planned to stabilize the economy, while gloomy home sales data weighed on the market.
 

per

Well-known member
In his speech he wants to support the auto industry because he can't abandon the birthplace of the car. Someone should let him know that the car was invented in Germany by some guy named Benz.
 

hypocritexposer

Well-known member
In his speech he wants to support the auto industry because he can't abandon the birthplace of the car. Someone should let him know that the car was invented in Germany by some guy named Benz.

I have a feeling, he could care less about the birthplace of the car, and cares more about the pensions! But they can't talk about that, it would bring up the fact that the pensions have outgrown the profit generating potential of these companies!
 

TexasBred

Well-known member
hypocritexposer said:
In his speech he wants to support the auto industry because he can't abandon the birthplace of the car. Someone should let him know that the car was invented in Germany by some guy named Benz.

I have a feeling, he could care less about the birthplace of the car, and cares more about the pensions! But they can't talk about that, it would bring up the fact that the pensions have outgrown the profit generating potential of these companies!

BUT, when E.F. Hutton speaks everybody listens....of course they're now part of Citigroup. :wink:
 

Steve

Well-known member
it looks as if "healthcare", insurance ect, took todays hit...

all I heard today was investors feel as if there is no safe investments with Obama.
 
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