Posted on 02/18/2009 4:55:21 AM PST by PurpleMountains
Yes, he let it seem as if the system failed. It didn’t fail, it was being manipulated.
How right you are.
Precisely, the Stock Market measures future economic performance. The socialist stimulus package is being seen for exactly what it is. It has nothing to do with fixing the lending/housing and financial institution and auto industry problems.
The spin the AP put on the DOW plunge today is something to behold. The Soros crowd and the demrats created these problems to manufacture another “crisis” in order to advance their leftist agenda. Problem: The minions of individual investors are now bringing their power to bear. Now the left can’t put the monster it created back into the bottle. Upshot: Stock Market continues its downward spiral.
Even a significant percent of the otherwise brain dead demrat voter rank and file are not signed up to the so-called “stimulus package”. Last poll I saw indicated only about 25% of Americans believed it would do any good. But the demrats, as usual, know how to spend taxpayer dollars better than the taxpayers.
Not likely - tweedle dee(D) & tweedle dumb(R)
today CNBC said obama needs media help to promote his plan.
Obama really needs REALITY HELP, in order to stop wasting our time with pork/socialist stupidity.
Beside Rep. Kanjorski’s C-Span interview, do you know of any information on who was behind the money-market drawdown? That drawdown, added to the Lehman, Bear Stearns and AIG problems, was the impetus to collapse our financial system.
I agree about Glenn Beck. I think he knows how radical he sounds, but God bless him for not backing down on it. Someone needs to say it and at least pretend to care. Rush is a good conservative voice in that he cuts through the BS, but when it comes down to it, he doesn’t care. Yesterday’s “I’m looking for land in New Zealand” made me feel really downhearted. Instead of sticking around and helping us fight for our nation back, he basically told us when it comes down to it, he’s got his and you are on your own.
Not that I expected him to be a big hero or anything, but his fans are what made him the wealthy man he is and when we are going to need a clear voice in the fight, he will be outta here.
Maybe I’m being to sensitive about it. Please don’t flame me, it was just my thoughts when hearing it.
What Is the Stock Market Telling Us?
Abandon Ship!!!!
Look out below!!!!
Will the last one to leave please turn out the lights?
The slide yesterday, according to the news I saw, was about the AUTOMAKERS...no mention about the stimulus bill at all.
I think everyone understands this but prez ZerO.
The question is when will he be asked about what the market is trying to say?
No, i am not holding my breath.
It will take an armed revolution.Talking wont do sh!t.
It's telling me, "Keep working for the government, grunt. You just thought you were going to retire after 32 years of saving for your own early retirement. HAHAHAHAHA !" (Grrrrrrr!)
Keep working for the government = Keep working to SUPPORT the government
Uh, bend over and kiss your... wallet goodbye?
You're wrong about that. These days they would be arrested for meeting in "the smoky back room" at the tavern. Hell, they'd be arrested for even having a smoky back room.
And it must, because the securitized instruments based on those fraudulent values and given AAA ratings by the agencies were sold to every 401K manager, pension fund, and foreign government on the planet. Admit once and for all that those instruments aren't real (which must happen for any genuine recovery to take place) and the result will be the sort of financial dislocation that starts world wars.
It isn't a stretch to assert that the US Government, the money center and investment banks, and the ratings agencies conspired to lie to the entire world in order to stage an unusually fast and false "recovery" from the Dot Com crash. Now they have to back those lies up with hard cash - and the only place to get it is from US taxpayers. The Obamoids are hoping that voters at the low end might not notice a small bump in their income tax bill, but fear they sure as hell will notice if their 401K balance drops 70% - permanently.
I will be a willing and prepared participant of the revolution—if it comes. However, I’m not convinced yet that is inevitable. The Marxist Onada is making many mistakes and seems unable to learn from them. Hence, He makes more mistakes.
In addition, the RINOs are finally showing their true colors—they are really demrats at heart. The biggest thing that I hope comes out of this is that conservatives will finally realize the only way they can participate in the political discourse is to form their own party.
The RINOs will never cede the GOP to conservatives. Therefore, the GOP is really nothing more than a demrat party asset.
You nailed it.
He was much different today-—
The Pulse of the Revolution
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