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The "crash" officially began when Obama won the Democratic Nomination
American Sentinel ^ | Fbruary 17, 2009 | TWP

Posted on 02/17/2009 1:37:47 PM PST by jay1949

Next time you hear a Democratic talking head spouting the usual blame on Bush regarding the current economic crisis, remember that the stock market crash started once Wall Street realized Obama could actually become President.

(Excerpt) Read more at theamericansentinel.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: 2008dncconvention; crash; demprimary; hillary; obama; stocks

1 posted on 02/17/2009 1:37:47 PM PST by jay1949
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To: jay1949
It began earlier. Remember when Obama talked to the cabal in San Francisco and told them he wanted to bankrupt the coal industry?

News got out fast.

2 posted on 02/17/2009 1:40:41 PM PST by muawiyah
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To: jay1949

Hello Bond, James Bond? M is calling


3 posted on 02/17/2009 1:40:58 PM PST by dblshot
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To: muawiyah

I would see how it correlates with MCCAIN securing the nomination.

At that point, it was pretty clear that a democRat would be the next president.


4 posted on 02/17/2009 1:42:37 PM PST by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
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To: jay1949

It actually rebounded to around 10,000 the day after the election. But has been testing bottoms ever since.


5 posted on 02/17/2009 1:45:38 PM PST by randita (Starve the beast - earn as little as you can get by on and spend even less.)
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To: jay1949

I’d have to go with 2006 when the rats took over congress.


6 posted on 02/17/2009 1:52:48 PM PST by BubbaBasher (Providence moves slowly, but the devil always hurries.)
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To: muawiyah
told them he wanted to bankrupt the coal industry?

Yet Pennsylvania voted for him! Strange.

7 posted on 02/17/2009 1:53:33 PM PST by The Sons of Liberty (Kenyan Usurper - "Let his days be few, and let another take his office." Psalm 109:8)
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To: BubbaBasher

I second that...


8 posted on 02/17/2009 2:03:43 PM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: jay1949
The "crash" officially began when Obama won the Democratic Nomination

The Obama nomination and especially the Obama election were the nails on the coffin of the economy.

But, the economy started dying earlier, much earlier. The mortgage crisis took a long time to build up and it started with the Community Reinvestment Act under Carter and made even worse under Clinton.

Then there is the constant talking down of the economy under Bush and during the election cycle. People don't make investments and don't start businesses when the people responsible for overseeing economic policy and growth are doing and saying things that are counterproductive to economic growth. But, that was the intent of the democrats, and economic growth during the Bush years was hurtful to their political futures.

Every step of the way, whether in good economic times or slow times, the democrats made sure that the people only heard the bad news or that the good news was painted in a bad light.

The economy is in dire straits mostly as a result of bad economic policy from the democrats, and straight out lies from the democrats.
9 posted on 02/17/2009 2:33:11 PM PST by adorno
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To: y'all
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10 posted on 02/17/2009 2:45:44 PM PST by Cyber Ninja (His legacy is a stain OnTheDress)
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To: jay1949

Hey, if it turns out the Mutt is not a U.S. citizen and therefore a fraudulent president, do I get my money back from losses due to the Obama Market?


11 posted on 02/17/2009 2:46:47 PM PST by 2nd Bn, 11th Mar (The "P" in Democrat stands for patriotism.)
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To: The Sons of Liberty

I think there was major cheating going on in this election.


12 posted on 02/17/2009 5:12:57 PM PST by dandiegirl
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To: dandiegirl

I guessing Comrade 0bama’s plan to take over running the 2010 Census will involve ACORN and their creative counting techniques.


13 posted on 02/18/2009 5:25:10 AM PST by The Sons of Liberty (Kenyan Usurper - "Let his days be few, and let another take his office." Psalm 109:8)
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To: The Sons of Liberty
Yet Pennsylvania voted for him! Strange.

Correction, the Liberal bookends of this state (Philadelphia & Pittsburgh) voted for him! The rest of the state stayed RED.

14 posted on 02/18/2009 5:40:06 AM PST by cuz_it_aint_their_money (I'll show their president the exact same respect and loyalty that they have shown my president.)
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