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Republicans are coming up with viable policy alternatives. Cut taxes, sit back, and let everything work itself out.
The Dow is up 5% in one day.
This obviously means that he is doing something right, because if he gets all the blame for the down side, he MUST get all the credit for the upside.
In yer face Republicans!!! HAHAHAHAHAHAHAHAHA!!
Seriously though and satire aside, pegging the stock market performance to every little thing the President does on a day in day out basis is foolish. If you guys want to jump up and down throwing feces when the market it down, then you are letting cheap political theater run your thinking at the detriment to actually coming up with viable policy alternatives.
Republicans are coming up with viable policy alternatives. Cut taxes, sit back, and let everything work itself out.
Yee-hah.
The markets are absoutely in love with what Obama is doing. YAY!
Up 500 points in 4 days. It must have been the funding for stem-cell research that did it, I'm sure.
Not sure that I would call "doing nothing" a viable policy option.
But hey, it would have been fun to have done it 100% the Republican way on this.
That way, if it really went completely to , there would be absolutely no doubt how ed Republican economic initiatives are.
There is some precedence that less is sometimes more.
The Great Depression of 1920
You know, we didn't need massive government spending to come out of the 1946 recession either!
Ah, just the kind of essay I've come to expect from Republicans -- intentionally omitting contextual facts to mislead the ignorant ideological fellow-travelling reader into a false conclusion. The ones who know better are happy to go along with the ruse, while the typical anti-intellectual drone is easily duped because he's too ignorant to grasp how a rather significant world event in the preceding years might affect the economy in 1920-21. The drone also gets to believe that he understands the world better than those ejamacated peoples!
I, as a conservative and registered Republican, am absolutely excited, and cautiously optimistic about the financial news of the last few days.
Just being on record with it; I will never revel in our country's failures, nor will I root for failure; regardless of who benefits politically. I wish more Americans, from all political persuasions, felt the same.
Just thought it would be an interesting article to generate discussion. Since I admittedly don't have as strong a grasp of the subject as some on this board, I had heard talk about this event and was just interested as to how it compared to today's.
Couldn't agree with you more... it's insane the way the corporate media has been using the Dow as a measuring stick day to day.
It doesn't look like anyone wanted to take credit for writing that one.
The banks are reporting profits and turning away bailout money.
Notice how the Dow took a dip when Obama opened his mouth this morning? I assure you, this has nothing to do with anything Obama is doing.
Why do you think they are reporting profits?
That may not be the stupidest thing you have ever posted, but it's still pretty ing stupid.Notice how the Dow took a dip when Obama opened his mouth this morning? I assure you, this has nothing to do with anything Obama is doing.
You're an idiot.
It means he shut his mouth and stopped doomesdaying the economy. President has to be a cheerleader. You can't preach doom and gloom and expect investors not to flock to cash and PM's.
Obama is now learning that. Not to mention, they are looking at that numbers now, soberly, and they aren't that bad. The market will come back. Always does.
flopping man needs 'context' or aQUOTE FLOPPING MAN
Not really. The whole thread is hilarious.
So high and mighty aren't we?
I didn't think I was coming off that way, but sure -- even after RG explained his joke, everybody went right back to linking the market directly to the president's every action.
It is hilarious.
Presidents words don't affect the market ? What are you, a child ?
"Directly" is the operative word here.
Bush kept saying the economy was strong during the selloff. According to your logic it should have ended the year over 20,000.
I saw the word and I knew that was your fall back. What if Bush had said 'we're ed' during the selloff ? Hmmm..chumpdumper...Oh, as I recall after 911 Bush said..."get out, travel, spend money...' after we all were hunkered down in our basements. , day after 911 I went to a bar in Denver I used to hangout...people in shock....month later...still stunned but the day after...still in shock.
People NOW...think...oh..pffft..911...hahaha...but that aint' what it was like. Your memory sucks if you think that. Bushco said...'live your life...take that vacation..travel..spend...go shopping...etc etc...
You don't think what the prez says counts ?
People are afraid now...well..people that have money so maybe I'm speaking to the wrong person...what the president says, counts.
AND has an affect.
I'm in my fiddy's..I can't go out and run it up again, boy.
Read that again. It's not a fallback -- In typed it the first time.So the market went up after 9/11 in your world. You really were in shock.You don't think what the prez says counts ?
No I read it. The first time, son.
Well you just didn't get it then, son.
Not my problem, son.
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