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Larry Kudlow, "Obama Inauguration Speech Received one hell of a Bronx Cheer from Wall Street!"
KUDLOW & COMPANY | 1/20/2009 4:40PM | LARRY KUDLOW

Posted on 01/20/2009 4:48:49 PM PST by dila813

Larry Kudlow, "Obama Inauguration Speech Received one hell of a Bronx Cheer from Wall Street!"

Background, Dow Drops below 8000 level in reaction to what wasn't said and the undercurrent of a threat to nationalize banks in what was said.

"Shared Sacrifice"......

Larry said further, "..the verdict is in, this speech will go down in history as one of the worst Inauguration Speeches in History."


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bhoinauguration; bronx; bronxcheer; cheer; djia; inauguration; kudlow; obama; wallstreet
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Oh Larry, I feel your pain.
1 posted on 01/20/2009 4:48:50 PM PST by dila813
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To: dila813

Goodbye Capitalism, hello Communism.


2 posted on 01/20/2009 4:52:56 PM PST by Lady GOP
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To: dila813
For 0bama is at best a good reader; he is but a fair presenter and at worst a poor communicator. And this is only when he has a working teleprompter.

At least the teleprompter didn't break or I feel sure the speech would have been worse.

3 posted on 01/20/2009 4:55:26 PM PST by Freeper (Remote Space is not that Remote. If you could drive your car straight up - it's only an hour away.)
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To: dila813

4 posted on 01/20/2009 4:56:05 PM PST by Starfleet Command
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To: dila813
and now for Wall Street's Reaction to the "O's" speech..

Delaney Bronx Cheer by HealingBear.

5 posted on 01/20/2009 4:57:20 PM PST by SandRat (Duty, Honor, Country! What else needs said?)
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To: dila813

That why it tanked 200 points?


6 posted on 01/20/2009 4:57:20 PM PST by Mmogamer (<This space for lease>)
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To: dila813

Mark Levin (the Great One) played excerpts from inauguration speeches by Renaldus Maximus and compared them to the loon.

Gads, how far we have fallen.


7 posted on 01/20/2009 4:59:54 PM PST by Da Coyote
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To: dila813

There is no question that minus 332 for the Dow today means investors have no confidence in Obama, on his first day in office. Day One, poor ratings, and it may be all downhill.


8 posted on 01/20/2009 5:02:21 PM PST by pleikumud
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To: Starfleet Command
ROFLMAO!!!!!!!!!!!!
9 posted on 01/20/2009 5:02:44 PM PST by Republic (B. Hussein Obama looks a LOT MORE LIKE A CHIMP than President Bush!)
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To: dila813
Photobucket
10 posted on 01/20/2009 5:03:07 PM PST by mojitojoe ( A nation of sheep will beget a government of wolves)
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To: pleikumud

I can’t wait for the media to turn on him and you just know it will not be long.


11 posted on 01/20/2009 5:04:46 PM PST by Volunteer (Dig in!)
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To: Mmogamer

Yes, that in combination with what happened before.....

Sunday.....
Pelosi saying they may hike taxes immediately

This Morning.........

Britain is talking nationalization, Obama has been hinting that he looks outward and wants to emulate them.

Then today.....

Obama only made it worse


12 posted on 01/20/2009 5:06:18 PM PST by dila813
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To: dila813

It truly was a lame speech.


13 posted on 01/20/2009 5:06:23 PM PST by advance_copy (Stand for life or nothing at all)
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To: dila813

This has NOTHING to do with Obama. The global banking system is teetering on collapse.


14 posted on 01/20/2009 5:08:08 PM PST by misterrob (Smooth talkers win at singles bars and in politics .. often with similar outcomes for the listener)
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To: dila813

If I were to say it wasn’t Lincoln’s Second Inaugural Address, would that seem a bit of an understatement?


15 posted on 01/20/2009 5:08:30 PM PST by Mr Ramsbotham ("A laurel, and hearty handshake ....")
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To: misterrob

See Post 12, Obama is pushing it over the edge.


16 posted on 01/20/2009 5:10:05 PM PST by dila813
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To: dila813

Today wasn’t a time for policy speeches. The truth of the matter is this started last week, spread in Europe and is working its way over here again. Our banks are insolvent, Royal Bank of Scotland is being nationalized and the hits just keep on coming.

Barry can make it worse though....


17 posted on 01/20/2009 5:10:33 PM PST by misterrob (Smooth talkers win at singles bars and in politics .. often with similar outcomes for the listener)
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To: Mmogamer

Actually 332 points or 4.01%


18 posted on 01/20/2009 5:10:52 PM PST by Pontiac (Your message here.)
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To: dila813

That’s going to be one heck of a tax audit Larry Kudlow gets.


19 posted on 01/20/2009 5:11:00 PM PST by Question Liberal Authority (My Success Is Not Determined By Who Wins Elections)
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To: dila813

Who cares what comes out of DC. Rome is burning and changing the paint color wont put out the fire.


20 posted on 01/20/2009 5:11:19 PM PST by justa-hairyape
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To: dila813

Obamanomics, tomorrow he will sink it another 200 or 300 and say I told you so. Oh wait, he has to save a bank or two, maybe he can give Barney “do I hav anytin on mi chin?” Frwanks fwee wange on anutter 350 billion to “help”.


21 posted on 01/20/2009 5:12:29 PM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: misterrob
From US News-
Bloomberg reports Roubini says that if losses are really as large as he fears “it means the U.S. banking system is effectively insolvent because it starts with a capital of $1.4 trillion. This is a systemic banking crisis.” He also warns the disease is spreading to Europe, where the Royal Bank of Scotland Group faces an estimated $41 billion loss. snip
22 posted on 01/20/2009 5:14:37 PM PST by Capt. Tom
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To: dila813

Larry Kudlow is engaging in CYA after is obasm of last week.


23 posted on 01/20/2009 5:14:37 PM PST by Cosmo (Liberalism is for girls)
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To: Freeper
For 0bama is at best a good reader; he is but a fair presenter and at worst a poor communicator. And this is only when he has a working teleprompter.

He reads a good speech but he can't write worth a sh!t. Funny how before the speech we were all told about the awesome speech he had written. When he was finished giving this monstrosity we heard very little about who wrote it. The MSM knew it sucked and so did the crowd. They only interrupted it with applause four or five times. That's not much for an 18 minute speech that was billed as the greatest inauguration speech ever.

Kinda reminds me of his party acceptance speech in Denver...that was supposed to be the best ever too.

24 posted on 01/20/2009 5:14:56 PM PST by blake6900 (YOUR AD HERE)
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To: Pontiac

Tomorrow will be worse.


25 posted on 01/20/2009 5:15:16 PM PST by Farmer Dean (168 grains of instant conflict resolution)
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To: dila813

Speech flubbed then flopped... extremely short on substance and even his call for taking personal responsibilty was met by a littering throng of millions who trashed the Mall ignorant to the fact that other People would have to clean up their mess, typical liberal hypocrites.

The market tanked because socialism will destroy it..... Please Republicans stand against the socialist agenda of “the one”.


26 posted on 01/20/2009 5:15:27 PM PST by tomnbeverly ("In the hour of darkness and peril and need, the people will waken to listen and hear.....)
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To: Volunteer

With the way the media is going belly up so fast there might not be any left to turn?


27 posted on 01/20/2009 5:15:39 PM PST by chris_bdba
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To: Volunteer

You are absolutly delusional pal. They won’t turn on him. They created him. Everything and anything positive from now on will be attributed to his greatness. Everything and anything negative will be touted as the lasting and lingering effects of the 8-years-of-hell-on-earth-Bush Adminstration. If Obie went on national television and simply stood there and did nothing but wet his pants and drooled for 10 minutes, the MSM would still swoon.


28 posted on 01/20/2009 5:15:44 PM PST by wny
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To: Question Liberal Authority

lol


29 posted on 01/20/2009 5:15:58 PM PST by dila813
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To: Question Liberal Authority

At least there are a few men left with balls enough to tell the truth. Six months from now lots of Obamanauts are going to be crying the blues. Patience and time, time and patience, as the Russian General waiting for Napoleon to destroy himself said in the movie “War and Peace”.


30 posted on 01/20/2009 5:17:02 PM PST by pankot
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To: Doogle

Wait until he gives the ‘State of The Union’ address and has to be specific as to his ‘vision’. That may scare the DOW to triple digits.


31 posted on 01/20/2009 5:17:08 PM PST by rigor mortis
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To: Capt. Tom

If the banks actually valued what they carried on their books the game is over. Denninger said today on his blog that the banks have to be remade and fast. Screw the shareholders, convert the bond holders to equity, revalue the assets to really low levels and the deed would be done.


32 posted on 01/20/2009 5:17:21 PM PST by misterrob (Smooth talkers win at singles bars and in politics .. often with similar outcomes for the listener)
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To: dila813

Ya gotta link for this?


33 posted on 01/20/2009 5:19:21 PM PST by upchuck (Get ready for 2009: Pray; Raise/conserve cash; Pay your debts; Pray; Stockpile; Buy ammo; Pray)
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To: dila813

I left there and came here I hope not.

I will play no apart what so ever in helping him work his left agenda.
I have got the house paid off and my cars are paid off along with having no debt at age 40 (just)

The sh$$ is going to hit the fan and all these elitists who voted for him saw their 401’s drop 4% and it will fall more .
So for all these elitists who wanted to retire soon well it seems your messiah has took it all and given it to those down on the other side on town in the ghetto.
Enjoy elitist liberals.

The Dem party is the elitist party and I hope the working class and middle class take note quick


34 posted on 01/20/2009 5:19:58 PM PST by manc (Marriage is between a man and a woman no sick MA,CT sham marriage end racism end affirmative action)
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To: wny

“They won’t turn on him”

You be correct. O’bammy can do nothing wrong. Heck, the marxist media will throw peeelosi/reid under the bus if necessary.


35 posted on 01/20/2009 5:20:02 PM PST by dynachrome (Barack Hussein Obama yunikku khinaaziir)
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To: tomnbeverly
It sounded like a recycled campaign speech. I kept thinking...you won and just have been inaugurated and you're still campaigning?
36 posted on 01/20/2009 5:20:11 PM PST by garbanzo (Government is not the solution to our problems. Government is the problem.)
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To: dila813
I heard just a portion of the speech today and my first thought was, he is giving a campaign speech. No substance. Obviously, Wall Street didn't like it. Wall Street and Communism just don't mix!
37 posted on 01/20/2009 5:20:20 PM PST by Bushbacker1 (I'll miss President Bush greatly! Palin in 2012!)
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To: Capt. Tom

I saw this too.....nationalizing the economy would make it worse.

This is the fear on the street.

“......new economy.......”

all kinds of scary inferences in that speech in the context of what was happening over the weekend.


38 posted on 01/20/2009 5:21:16 PM PST by dila813
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To: garbanzo

Me too, I thought to myself “you just got inaugurated, but you act as if you haven’t”


39 posted on 01/20/2009 5:22:48 PM PST by dila813
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To: dila813

40 posted on 01/20/2009 5:23:03 PM PST by Dallas59 (Not My President)
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To: Farmer Dean

Asian markets are heading down across the board.


41 posted on 01/20/2009 5:23:27 PM PST by misterrob (Smooth talkers win at singles bars and in politics .. often with similar outcomes for the listener)
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To: Bushbacker1

Who’s able to get rid of who? Wall Street or the President?


42 posted on 01/20/2009 5:24:34 PM PST by Dallas59 (Not My President)
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To: upchuck

No, it was on TV, I hope they put one up, but no luck so far.


43 posted on 01/20/2009 5:24:57 PM PST by dila813
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To: blake6900

Seems that now Obama is not to blame. The writer of his speech is taking a beating. You thought that Obama wrote that? No of course not. They are throwing that young kid under the bus.


44 posted on 01/20/2009 5:25:02 PM PST by Holicheese (Get up Tom Brady, get up! PLEASE!!)
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To: wny
Delusional?

The MSM creates a politician, says wonderful, glowing things about him/her, and then turns and savages the same politician.

Ask John McCain.

Ask Joe Lieberman.

Ask Bill Clinton.

45 posted on 01/20/2009 5:26:51 PM PST by Volunteer (Dig in!)
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To: misterrob

South American markets took a big hit today too.


46 posted on 01/20/2009 5:28:04 PM PST by Farmer Dean (168 grains of instant conflict resolution)
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To: Dallas59

I think our new President has no qualms about getting rid of Wall Street.

His speech hinted at it.


47 posted on 01/20/2009 5:28:14 PM PST by dila813
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To: Holicheese
Seems that now Obama is not to blame. The writer of his speech is taking a beating. You thought that Obama wrote that? No of course not. They are throwing that young kid under the bus.

Perhaps but Obama chose to use it so his judgement remains questionable.

48 posted on 01/20/2009 5:28:25 PM PST by blake6900 (YOUR AD HERE)
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To: dila813

Do you have a link? Thanks.


49 posted on 01/20/2009 5:29:29 PM PST by Admin Moderator
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To: dila813

I feel sorry for the guy who gave the Second Worst speech in history. That had to be a real steaming pile.

Pray for America, Our Troops and Hussain’s Salvation


50 posted on 01/20/2009 5:30:36 PM PST by bray (He ran on Hope and Change, we got More and Same)
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