Posted on 11/19/2008 11:25:34 AM PST by Red Badger
8,184.05 down -240.70 -2.86%
(Excerpt) Read more at moneycentral.msn.com ...
The obama rally continues.
The Obama crash!
1. Real estate is always a good investment
2. The stock market goes up about 7% a year on average
3. You can't time the market so always be buying stocks
4. Our economic system is relatively free of corruption so you can feel confident in your investments
Maybe if we spend more money it will rally. There are more banks we can takeover if we try.
The market and businesses have zero confidence in him. could be Soros and short buddies bringing it down so in 2012 it will be at 12,000 and O will get the credit.
If you think the Coop was not manipulated then you have not been paying attentions.
You got a 201k? Lucky. I only got a 49.5k.
Just wait.
The clowns are running the circus.
I keep watching financial and political shows in which even the liberal talking heads agree on what to do/ not to do.
Everything they say is the OPPOSITE of what the dem Congress will do.
Our financial system and political system is totally corrupt. Witness the coup helped by his hedge fund buddies plus the CBOE and CME - both in Chicago.
Some jackass writing a letter to the WSJ today said that the market went down similarly when Bush was re-elected.
That’s total BS.
Well, the automakers gambled on depressing everybody about their companies’ future, the previously proven way to get more money out of Bush and Paulson. Bush did not show leadership early and put his foot down, noting the companies already got recently $25 billion in govt. loans passed in Congress.
Everytime Paulson and Bush appear they seem uncertain, or give dire predictions about a depression, or change their mind—especially after they meet the Europeans. After an earlier meeting with the Europeans Paulson and Bush announced a move away from buying toxic assets to buying bank shares. This last weekend the Euros told Paulson, an educated guess, to dump the idea of buying toxic paper altogether. Maybe we should thank the Euros, they seem more interested and knowledgable about the scope and effect of Paulson and Bush’s plans than the American politicians and financial media. If they are going to continue to finance America’s irresponsible spending, they want bank shares to back it, not the toxic paper they already fell victim to, and sold by Wall Street banksters, Paulson included.
Thanks to the marxists.
As far as the automakers are concerned, EFF!, we handed out hundred of billions to BankerWelfareQueens, but we won’t save the Corvette and Mustang?
Heck, all Paulson has to do, he has the authority, is to hand over 25 Bill from the remaining 350Bill saved for Obama.
But Bush and Paulson are more interested in saving Bankers Mansions and their private jets than worrying about the poor schlubs making 60K a year building cars.
It’s petty cash compared to the handouts to the Bankers.
“Our financial system and political system is totally corrupt. Witness the coup helped by his hedge fund buddies plus the CBOE and CME - both in Chicago.”
But freedom! Let them alone to invent money, we’ll all get rich!
/Greenspan logic
I think the Rushbot angle is to blame everything on Obama, not that Bush’s deficit spending game was a house of cards and a potemkin village of wealth, coniciding with the Fannie Mae scam of the same frailty.
Me? - I have enough money to live comfortably for the rest of my life. It’s just that I have to die by Thursday! I went to the bank to borrow the money I need to stimulate the economy, but I don’t know about this 0% interest rate. I may wait for it to drop a little more.
BUSH’s CRASH!
No crawfishing responsibility.
Bush is still President, Lame Duck, AWOL and all.
“Plus Obama not naming his Treasury Sec. or economic advisers fuel the uncertainty.”
Maybe no one will take the job.
Anyway, Obama is preoccupied with how he is going to ram through his climate change bill.
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