Bush’s fault
The audacity of “profits and earnings” ratios.
Hahaha
Obama proves that not only can money talk, it can also walk.
Because a Republican just got done fixing the screw-ups of the last 'Rat presidency...
Obama’s ‘War on Prosperity’ is taking even longer than the ‘War on Poverty.’
We’re in for forty years of this cr@p, Kids!
Glen Beck had an “expert” on stating that this is no one’s fault, just some sort of natural long-term Depression/Boom cycle.
My ass.
This is an ongoing, abject lack of confidence due to Obama’s turn-the-world-upside-down, throw-out-the-rules, racist income-redistribution program.
Hey BHO !
You listening to the Market ?
Tha boy is in way over his head and its becoming obvious to the most casual Observer . .
Why didn’t you hear, today Urkle said he “saved” the jobs of a few dozen cadet cops since his Porkulus Bill was passed. Of course, that was only 11 days ago and the class graduated last month, but boy, can he pile it on!
By the way, the fed’s funding expires in one year and then they will probably be out looking for work since cities will be too broke to keep them in uniform.
As the Economy tanks....The Whitey House is worried about Rush, calls the Stock Market unimportant and gives a party for a two bit actor.
From now on it will be known as an Obama market formerly known as a Bear. ;)
And thet hing is he could fix it with one speech. Announce he was for extending the Bush tax cuts, tha there ould be no new taxs and that he wanted to overturn the recently passed “stimulas” because it wasn’t working out. That will never happen though.
Obama could take decisive, meaningful action, but he won’t, it’s not the liberal way. He needs to eliminate the “mark to market” rule for financial assets and re-impose the uptick rule on short selling. He can do these things with his pen, no Congress required. Then he needs to freeze credit default swap transactions until the market volatility calms down. CDS counterparties are holding the bag for tens of $trillions in useless paper. That’s trillions with a “T.” These things I mention will be done eventually, but maybe not until it is too late. Obama is living in a house that is on fire and he is waiting for the dog to pee on it to put it out. Oh wait, he can’t decide what kind of dog to get....
I don’t think Obama even wants to “remake” the United States into a socialist state.
I think he wants to KILL all the white people in America, through economic chaos, freezing, starving, terrorist attack, etc.—and is willing to see a lot of black people die, too, if that’s what it takes.
Just as he is happy to see most black pregnancies end in murder, just as long as white babies are murdered, too.