[rightinthemiddle]

Hard to find anyone in the media putting 2 and 2 together.

[Retired Greyhound]

The market is clearly nervous about Obama and the Dems.

Everything will continue to be Bush’s fault for the next 4 years, even as Obama prepares to run for a 2nd Term.

Good news: Obama’s fault
Bad news: Bush’s fault

[rightinthemiddle]

Also from this author:

Obamanomics and Uncertainty
November 19, 2008 01:37 PM ET | James Pethokoukis |

One reason the economy didn’t return to prosperity during the Great Depression seems to be the great amount of anxiety and uncertainty FDR created with all his economic experimentation and anti-business attitude. Russ Roberts has the numbers about plunging business investment, and Amity Shlaes has the analysis: “Negative net domestic private investment in human language says: ‘we have no hope.’ And that was the attitude of business in much of the 1930s. Those New Yorker cartoons of people crying into their drink at their second home were accurate. They were not creating jobs.”

http://www.usnews.com/blogs/capital-commerce/2008/11/19/obamanomics-and-uncertainty.html

[Moonman62]

Hard to find anyone in the media putting 2 and 2 together.

It's even harder to get anyone on FR to admit that this is W's mess.

[ProtectOurFreedom]

“Is the country headed in the wrong direction”??

You betcha!

Don’t worry, though. HopeyChangey Man has the Plan.

[Romulus]

The market started peaked on October 9, 2007. It was off 35% on November 4 of this year. This bear market has been a long time coming, and anyone who blames it on Obama is a fool or else a liar.

[Taking Congress back in 2010]

Nov 5th. The day it went from being Clinton’s fault to being Obama’s fault.

This mess that we are in is not so simple that we can point the finger at one fellow.

Let’s get real.

[TomGuy]

Maybe instead of a guesstimated $500 billion, it should $1 trillion or maybe even $2 trillion (which I actually heard suggested on CNBC).

When the big bailout was initially being debated on Capitol Hill, and failed, CNBC commentators and hosts were livid, ranting, raving at how awful it was that it got voted down.

One commentator even suggested that [sniffle] [kleeex alert!] there might not be any Christmas because retailers wouldn't be able to buy goods for their shelves.

The whole bunch of them were unbelievable -- that they were supposed to be reporters and commentators, instead of perveyors of woe-is-me-ism.

The few they did interview -- who spoke rationality and good sense -- were quickly removed from the camera and microphones.

I quit watching CNBC.

[MayflowerMadam]

I’m pretty sure MSM is putting 2+2 together; they just don’t plan on mentioning it. Gulags can be soooo uncomfortable!

[TexasCajun]

But, but I thought America & The World were rejoicing, all was right in the world again and the planet and its people would prosper and we all would be happy.

[BenLurkin]

http://www.freerepublic.com/focus/f-chat/2129478/posts

[WayneS]

But...

But...

But...

I thought EVERYTHING was going to get BETTER as soon as the Messiah was elected.

I have to say, I’m feeling just a little bit disillusioned right now.

;^|

[Sprite518]

Why would anyone want to invest when you have a Marxist President that wants to raise our Capital gains tax. It’s better to invest overseas, and if you are from another country then its better to invest where you get more bang for your buck. Of course the media will NEVER admit this is the reason why.

[wny]

Welcome to the Obamaconomy. It’ll only get worse once these fools take office and do all the things the markets are worried about them doing. This time next year, the Carter years will look like the good old days.

[wny]

Welcome to the Obamaconomy. It’ll only get worse once these fools take office and do all the things the markets are worried about them doing. This time next year, the Carter years will look like the good old days.

[ChurtleDawg]

this is asinine. The Dow is in the toilet because the economy is in the toilet. The Dow has steadily dropped all year, but in September it began taking catastrophic dives.

If McCain was elected, the situation would likely be just as grim. If Bush had 2 more years the situation would be grim. It has little to do with the election or policies not enacted yet by a President who hasn’t taken office yet.

To blame this on an election is basically saying the market and democracy are incompatible, because wall street will throw a hissyfit if their agenda and their people aren’t elected.

[uncbob]

Market was insane to begin with Obama or no Obama

It went from 2000 to 14000 in how many years ?

[Condor51]

This really is .. Obama's Fault.

All his anti-capitalist (Marxist) rantings have wall street shaking in their boots.

[Jeff Head]

Obama is an avowed socialist, openly talking about applying marxist dogma and principle to a free market. OF COURSE THE MARKET IS NERVOUS about this.

He is picking people for his cabinet, and already has in place a Congress that will support and push through his agenda.

The only hope for blunting it or slowing it down, and that is only if the US Senators would stand up (which is a very iffy thing in and of itself) is if the GOP can maintain 40 seats, and this is now in serious doubt.

So, yes, the market is nervous and running away from investment under an OBAMANATION ADMINISTRATION

[Mac from Cleveland]

Boy, I can’t wait for Emperor Clouseau’s coronation in January. I’m sure glad I’m in the habit of picking up pennies that I see on the sidewalk.

Now, if you’ll excuse me, I’m going to go to the store to put a can of pork and beans on layaway for my next Xmas dinner.

[Deo volente]

But he’s done something about the rising sea levels, hasn’t he?
Who cares about the economy, as long as he rolls back those waters like he promised, I’m OK with him.