Posted on 02/19/2009 8:59:19 AM PST by NormsRevenge
This is what obama wants. Dow 7500 is a psychological barrier. His constant references to crisis and depression are clearly assaults on economic psychology. So. Here we go.
He hasn’t taken into account the resiliency of the American people. He’s about to awaken a Sleeping Giant, something his little world of academia knows nothing about. He’s going to be blindsided by dissent, and I predict massive job marches on DC this summer as the unemployment rate nears 10%.
Something drastic is going to have to happen to keep this destructive idiot from destroying our country. What that is I don’t know.
I think he sees destroying our economic foundations as a stepping stone in his agenda. Nationalization and wealth redistribution, socialism, can’t survive in an economically prosperous environment.
I think that's our only hope. Please check this out:
Churchill would have agreed with you:
“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of misery.”
obama didn’t waste anytime sending Churchill’s bust back ‘across the pond’. Apparently he despises the mere sight of it.
The American People’s resiliency? Are you kidding? Seems like a nation of nancies to me.
I hope you are right though.
I think there are tens of millions of people who work hard and keep their mouths shut. I think they start to open their mouths when they see their way of life threatened by a power structure that will not listen to them.
Do you think he wants to make it worse to completely destroy capitalism?
The man is a COMMUNIST, people! When are we going to face it? He is doing what communists do. He was the CPUSA candidate and no one cared.
We're 2.1% of the way through our 4 year sentence with Obama. However, since the beginning of the year, the S&P is down 13%.
a few hours later Update
market continues to flitter
Dow 7,527.20 -28.43 -0.38%
Nasdaq 1,460.48 -7.49 -0.51%
S&P 500 787.70 -0.72 -0.09%
Thursday, February 19, 2009, 1:16PM ET
U.S. Markets close in 2 hours and 44 minutes.
I’m waiting for the Angela Davis appointment to some Race Relations Study panel setup by AG Holder.
How better to inflame a nation than to cry race relation avoidance like no one talks about it.. it helps take the media spotlight away from the abysmally transparent looting of the Treasury by the RATs..
If it breaks the old support I suspect there will be a BIG drop - no piddling daily declines. The pressure will be on tomorrow - Fridays the traders close out the books so they’re not exposed over the weekends when funny things happen. If the PPT boys throw in the towel it will be exciting (ahem).
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