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Re: Stock Market Gives Obama’s First Month An 'F'

Started by starramus, 02/21/2009 06:10PM
Posted 02/21/2009 06:10PM | Edited 02/21/2009 06:36PM Opening Post
Jim Babcock said:

I do not know who this lady is, but the message that she is delivering is accurate:

http://www.wowowow.com/post/liz-peek-barack-obama-economy-stimulus-214454

Clearly, it is way too early for any of the new stabilization and stimulus programs to have taken effect. Why then is the consensus so pessimistic? Certainly the political wrangling of the past month has dispelled optimism that President Obama can change the contentious nature of American politics. Both Democrats and Republicans have spurned Obama’s leadership. The free-for-all over the stimulus bill portrayed Congress in the worst possible light — no surprise there — and led Americans to view not only the process but the bill with utter skepticism. Delivering a 1000-page bill to our legislators just two hours before the signing deadline (and then going on a long-weekend holiday before signing it) was outrageous. The mortgage relief plan hasn’t been received much better. Most Americans (ninety two percent, by some estimates) pay their mortgages on time; they’re darned if they know why they should bail out their neighbors.

The White House scramble has led to creeping fear that we’re dealing with the Junior Varsity. I’ve even heard people pining for former Treasury Secretary Hank Paulson — hard to imagine, right?

I remember the stock market ralley the day that Obama fingered Tim Geithner as Secretary of the treasury. Go ahead and look it up for verification. Obama's policies of looting the treasury to keep afloat the holdings of the investor class can in no way be construed as socialism. This is exploitation of the many for the benefit of the few. The market itself is focusing on its internals and is coming to the realization that it is headed for total collapse. The lion's share of the seven thousand point drop from its highs took place during the W administration. So why is this "biatch" (thank you my black brothers) giving Obama an F? If Obama deserves an F doesn't W deserve a cell at Guantanamo? grin

This article is a load of crapola seething in economic and political bias! If that bias matches your own though it will slide down your throat like butter. grin

[COLOR="Red"][/COLOR]per me caeci vident[COLOR="Red"][/COLOR]
Posted 02/21/2009 06:17PM | Edited 02/21/2009 06:19PM #1
Capitalism is a highly specialized form of parasitism and the parasite is coming to the realization that the host is terribly sick or maybe even dieing.

[COLOR="Red"][/COLOR]per me caeci vident[COLOR="Red"][/COLOR]