To: rightinthemiddle
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.
9 posted on
11/21/2008 7:02:06 AM PST by
Romulus
("Ira enim viri iustitiam Dei non operatur")
To: 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."
The presidential campaign started over 18 months ago. Even back then, it was unlikely that a Republican could win with the fickle public's attitude about the war. Wall Street has been preparing for the eventual Obama or Hillary win since then. ALL OF THIS is based on investors fears of a Democratic administration.
15 posted on
11/21/2008 7:09:00 AM PST by
LetsRok
To: Romulus
If the markets were up since election day, would the MSM give the credit to Obama?
16 posted on
11/21/2008 7:09:42 AM PST by
rightinthemiddle
(Without the Mainstream Media, the Left is Nothing.)
To: Romulus
Then you had better tell the traders, the money boards, and the business cable channels.
ALL of them are factoring Obama taxes into their repositioning over the market.
like it or not it is clearly the big government obama who is driving the panic in the market.
18 posted on
11/21/2008 7:11:35 AM PST by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: Romulus
so the market peaked on oct 9th right around the time obama opened up a double digit lead in the polls, and 3 days before he told Joe the plumber he was going to "spread the wealth around" interesting...
there is plenty of blame to go around but anyone that doen’t think that the obama election further acerbated a bad situation is a fool or a liar...
33 posted on
11/21/2008 7:23:26 AM PST by
edzo4
(NoBama 2012)
To: 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. Well, maybe not just the Marxist Messiah but his party and cronies, Pelosi and Reid. Isn't it just a bit too convenient that the peak of the DJIA literally burst as soon as the first Pelosi/Reid/Obama budget took effect?
46 posted on
11/21/2008 7:39:28 AM PST by
PugetSoundSoldier
(Indignation over the sting of truth is the defense of the indefensible)
To: Romulus
Your right this bear market has been a long time coming. But Obama accelerated it because he is so secretive about his motives and plans, which are only revealed in unguarded moments.
84 posted on
11/21/2008 10:20:09 AM PST by
TheThinker
(It is the natural tendency of government to gravitate towards tyranny.)
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