Dow was up 40 pts this morning. he got up on the podium and the market is down.
Someone said" When Obama peaks the market drops, even if we are not listening" Rings true and scares me more than almost anything else.
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Dow was up 40 pts this morning. he got up on the podium and the market is down.
Someone said" When Obama peaks the market drops, even if we are not listening" Rings true and scares me more than almost anything else.
FOX news had a window on the screen watching the market drop as he spoke.
Fox has some brass ones. I like that.
Its not that he's talking, its that he has REFUSED to go after the fraud and embezzlement in the markets and the people responsible.
Until he does, the market will continue to fall. Period.
This is the same thing that happened during 00-03. EVERY COMPANY in the tech space was shorted into the dirt until it either died (and thus was "a witch") or survived even though it was being pounded.
ALL firms are now involved tho due to the depths of this credit mess.
Either the government forces this fraud and embezzlement out or the market WILL.
The market will do so by bankrupting half the nation's publicaly traded firms and putting tens of millions of people out of work.
Neither Obama or any other President can change this. The market is bigger than some big-chested politician, no matter who they are.
Either stop the embezzlement or the market will.
Its that simple.
Unemployment is going north of 20%.
Your fist sentence almost sums it up. He will not go after the embezzlers and money wasters because they got him elected.
not to mention Karl helped elect him.
Karl speaks only the truth, and it makes sense. How can you say that "Karl helped elect Obama".:(
Karl voted for Obama. http://s4.images.proboards.com/shocked.gif
20% unemployment or more I hope not ,
I bet he even has nordhavn brochures in his house !