Unlike Hussein’s Obamedia, I believe the problems with the stock market are happening because investors are terrified that the manchild will be going into the Oval Office soon.
I am not an expert on economy, but wouldnt encouraging people to withdraw their 401’s penalty free have a devastating effect on the markets?
Yep-I think drops in the stock market are correlated to Obama’s position in the polls. The better he does in the polls, the further the market drops.
I caught part of the speech and noticed the flags behind him. At least one had a big O in the center - is that a state flag? Or is it another creation of the Obama campaign....
Since this is a vanity, and I don’t want to start another vanity....but, I have need of some help from freepers.....I’m preparing to start sending daily emails to family and they have to be pithy and succinct.....
Here’s my thought.....title it: Are you SMARTER than a 7th Grader.....
Body of Email.....
Are you smarter than a 7th Grader? Test Question 1…..
If a company has 6 employees and their average annual gross pay is $45,000 annually…..what is the chance they will get TAXED under Obama’s plan????
ANSWER: 6 x 45,000 = $270,000….which is over $250,000 and, that’s only PART of what a CEO has to make in sales/receipts in order to be in business. (Remember, there are gross sales, and net sales, but, who knows what Obama is talking about…..seen anyone in the media ask him?)
Anyway, the $270,000 is over $250,000….so according to Obama that RICH company CEO deserves to be taxed MORE, RIGHT? What about the cost of the materials he has to buy to produce/sell their products? Oopps….that means they have to have sales receipts WAY above, $270,000, say, another $200,000……oh, oh…..the tax man cometh…..this CEO is really RICH if he can afford to pay $470,000 for salaries and goods through his GROSS sales receipts – he hasn’t made any money, yet, however, for himself.
And, don’t forget…..taxes are a cost of doing business and are passed on in the cost of products YOU pay for….or in the lack of salary you will receive.
Get your brains on folks….it’s going to be a rough ride.
Just curious, how did the USSR Stock Exchange do under Stalin, Khrushchev, Andropov, Gorbachev, etc.?
I wouldn’t be surprised if the market closed down... Lots of room this morning for manipulation in order that the bag holders could sell higher than last week...;) - anti’s wife