Posted on 02/27/2009 10:29:00 AM PST by Victory111
14% Lost in First Month of Leftist Power
The DOW Jones average closed at $8,281.22 on January 19, 2009, the night before the Obamanation became an historic reality. A little more than a month later, the DOW continues its free-fall approaching the $7000 mark and nobody knows where the bottom is. But so far, Obama-nomics have cost Americans trillions in new debt and 14% of their savings, in just a month…
Hope for economic recovery is fast flying right out the window as Obamanation change sends investors running for cover. Left-leaning news rag Newsweek, proclaimed that We Are All Socialists Now only days after Democratic Socialists claimed unchallenged control of the federal government and started ramming Marxism down the throats of every America.
(Excerpt) Read more at crossactionnews.com ...
I repeat, they don’t care if the Market tanks. That makes all those rich Americans POOR like the rest of them. So, they don’t give a damn if it crashes.
BushObamaics.
Those were the halcyon days of Ronaldus Magnus. To Bill Clinton it was "the decade of greed".
Be happy!
Democrats want the market to tank.
It makes it easier to nationalize the businesses.
Obamanomics is a complete unmitigated xatastrophe that makes Jimmy Carter look brilliant by comparison.
Is it true that socialism and capitalism are mutually exclusive?
Marxonomics? Hey, did I just coin that? I’m gonna be rich, rich I tells ya !
Last night on CNBC’s Jim Cramer show, he came out and said “The Commies are in Washington”...
Right now, there is no bottom. Analysts have stopped attempting to call one. I said it last fall, I say it again - DOW 5500
The annointed one(levin) said on his show that it took America 232 years to be in debt 1 trillion and it only took Ozero 1 day to double it.
Not under Obama “Marxonomics” you won’t.
All one has to do is do the math.
Do the math and you will find out for yourself just exactly how much of a disastrous lie Obamanomics really is. A monstrous lie. A big monstrous lie.
One man is single handedly bringing down America as we watch in amazement. we are the enemy, the middleclass, we are the ones who are in the way of thier utopian dream. His agenda, If you kill the market you kill the middleclass. We sit and watch our life savings, retirement funds and investments for our kids college go down the toilet
Overwelm and overburden the government as quickly as you can causing it to collapse. CLOWARD PRIVEN STRATEGY! We are now only approximatley one month into this despicable presidency and we see the irrepairable damage already. When will the ground swell reach the point of no return?
Isn’t that sad, Carter’s reputation will be improved by Obama?
I actually feel bad for Obama, to be remembered as a worse president than Jimmy Carter. What a historical footnote to have attached to your name.
The DOW is now down 2,500 points since the democrats took control of congress.
Obama's economic vision reminiscent of Karl Marx's
OneNewsNow ^ | 2/27/2009 | Jim Brown
Posted on Friday, February 27, 2009 1:05:16 PM by Jim Robinson
http://www.freerepublic.com/focus/f-news/2195578/posts
Looking at that 5 year chart it would seem that after Nancy and Harry got into power and started doing things their way the market took notice and didn’t like it much. So much for the 8 years of tax cuts for the wealthy being the reason for our woes. Prior to 2007 things were going pretty well with those big tax cuts.
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