Skip to comments.Larry Kudlow, "Obama Inauguration Speech Received one hell of a Bronx Cheer from Wall Street!"
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.
Larry said further, "..the verdict is in, this speech will go down in history as one of the worst Inauguration Speeches in History."
Goodbye Capitalism, hello Communism.
At least the teleprompter didn't break or I feel sure the speech would have been worse.
That why it tanked 200 points?
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.
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.
I can’t wait for the media to turn on him and you just know it will not be long.
Yes, that in combination with what happened before.....
Pelosi saying they may hike taxes immediately
Britain is talking nationalization, Obama has been hinting that he looks outward and wants to emulate them.
Obama only made it worse
It truly was a lame speech.
This has NOTHING to do with Obama. The global banking system is teetering on collapse.
If I were to say it wasn’t Lincoln’s Second Inaugural Address, would that seem a bit of an understatement?
See Post 12, Obama is pushing it over the edge.
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....
Actually 332 points or 4.01%
That’s going to be one heck of a tax audit Larry Kudlow gets.
Who cares what comes out of DC. Rome is burning and changing the paint color wont put out the fire.
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”.
Larry Kudlow is engaging in CYA after is obasm of last week.
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.
Tomorrow will be worse.
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”.
With the way the media is going belly up so fast there might not be any left to turn?
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.
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”.
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.
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.
Ya gotta link for this?
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
“They wont 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.
I saw this too.....nationalizing the economy would make it worse.
This is the fear on the street.
all kinds of scary inferences in that speech in the context of what was happening over the weekend.
Me too, I thought to myself “you just got inaugurated, but you act as if you haven’t”
Asian markets are heading down across the board.
Who’s able to get rid of who? Wall Street or the President?
No, it was on TV, I hope they put one up, but no luck so far.
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.
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.
South American markets took a big hit today too.
I think our new President has no qualms about getting rid of Wall Street.
His speech hinted at it.
Perhaps but Obama chose to use it so his judgement remains questionable.
Do you have a link? Thanks.
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