Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Hillary Loses Nomination Dow 12,604 - Today Dow 7,343. (Hope & Change)
ABC News ^ | 2-20-2009 | Frantzie

Posted on 02/20/2009 9:53:56 AM PST by Frantzie

Back when Sen. Hillary Clinton was just starting her campaign, top aides and advisers had a ready answer when asked if she could win the presidency.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: 2008dncconvention; bhodjia; demprimary; dow; obama
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1235163600000&chddm=8602&q=INDEXDJX:.DJI&ntsp=0

Hillary was out of it around the beginning of June 2008. She got mugged and robbed by ACORN at the caucuses. Since then it has been down down down.

A few little rallies or flatness on the hopes that McCain's poll numbers would perk up. A tiny rally a day before election day hoping against HOPE (and CHANGE).

Anyone with a brain, minor IQ or a business has ZERO confidence in Zero.

1 posted on 02/20/2009 9:53:56 AM PST by Frantzie
[ Post Reply | Private Reply | View Replies]

To: Frantzie

Hope everybody who voted for “change” are happy now.


2 posted on 02/20/2009 9:56:08 AM PST by LottieDah (If only those who speak so eMichaloquently on the rights of animals would do so on behalf the unborn)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Frantzie

Obama got the hope, and we’re left with the (pocket) change.


3 posted on 02/20/2009 9:57:08 AM PST by DoughtyOne (Resolved: Gregg, McCain, Snowe, Spectre: 2010, Collins, Graham: 2014)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LottieDah

Just since Election Day, the Dow is down 2,400. Hope, anyone?


4 posted on 02/20/2009 9:57:20 AM PST by ScottinVA (Make my world PURRRFECT, Lord Obama!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Frantzie

Please note the ABC News story was just used to show the date she left the race. ABC did not write a story about the Dow. I should have tagged this as a Vanity post. The point is the markets were not scared of her. She was a lefty but a known quantity. McCain is a RINO but not a huge threat. The markets know Obama is a marxist.


5 posted on 02/20/2009 9:57:45 AM PST by Frantzie (Boycott GE - they own NBC, MSNBC, CNBC & Universal. Boycott Disney - they own ABC)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Frantzie

At this rate the DOW and the number of Bill’s “indiscretions” should intersect sometime in the spring of 2012.


6 posted on 02/20/2009 9:58:46 AM PST by 1curiousmind
[ Post Reply | Private Reply | To 1 | View Replies]

To: 1curiousmind

7291 and going down.


7 posted on 02/20/2009 9:59:35 AM PST by Oldexpat (Drill Here, Drill There..we must drill everywhere.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Frantzie

Makes me want to spit a foul taste from my mouth, but at this point I would much rather have Hillary running things than Obama and his idiot sidekick Biden.


8 posted on 02/20/2009 10:01:42 AM PST by NavyCanDo
[ Post Reply | Private Reply | To 1 | View Replies]

To: NavyCanDo

Yup that is what the markets were thinking too. I loathe Hillary but as soon as she lost the nomination - the markets went into semi-panic mode over the prospect of O.


9 posted on 02/20/2009 10:03:16 AM PST by Frantzie (Boycott GE - they own NBC, MSNBC, CNBC & Universal. Boycott Disney - they own ABC)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Oldexpat

As it drops - Obama will push for more marxism.


10 posted on 02/20/2009 10:03:58 AM PST by Frantzie (Boycott GE - they own NBC, MSNBC, CNBC & Universal. Boycott Disney - they own ABC)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Frantzie

I hate to say this, but I miss President Clinton.


11 posted on 02/20/2009 10:04:08 AM PST by Lazamataz ("We beat the Soviet Union, then we became them." -- Lazamataz, 2005)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Frantzie

Right. Rush is, even as we type, describing this as part of the grand scheme. (God save us!)


12 posted on 02/20/2009 10:06:13 AM PST by Dionysius (Jingoism is no vice in these troubled times.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Frantzie

13 posted on 02/20/2009 10:10:16 AM PST by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Frantzie
Hope, Change and


14 posted on 02/20/2009 10:14:58 AM PST by Vaquero ( "an armed society is a polite society" Robert A. Heinlein)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Islander7; All; Admin Moderator
Corrected date:



Mods, please delete the prior post. Thanks
15 posted on 02/20/2009 10:16:50 AM PST by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Frantzie

I’m convinced the problems we’re experiencing today are not the result of Bush’s policies, but do result from Obama’s inevitable winning of the Democratic nomination combined with the fact that the Republicans never had a strong candidate. I also think they’ve worsened since the inauguration as a result of Obama’s negative rhetoric... there’s been only negative talk regarding the producers. The only positive rhetoric that’s out there is how much he’s going to give to those who haven’t been producing. It’s no wonder the market is in a tailspin.


16 posted on 02/20/2009 10:18:10 AM PST by Real Cynic No More (The only thing standing between us and complete victory over the evildoers is POLITICS!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Frantzie

W takes office the Dow is 10,578, W leaves office, the Dow is 7,949.


17 posted on 02/20/2009 10:18:14 AM PST by Moonman62 (I didn't compromise my soul to be popular. -- Jimmy Carter)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Frantzie
I will bet that if I were to canvas my neighbors who voted for The One in November - if I pointed out the DOW nosedive to them; their answer would be "Good!, all those rich bastards deserve to lose it".

These are people who giggled when I used the word "Socialist" and who, despite being primarily caucasian, would leap to accuse Governor Palin of racism for suggesting that she might reject some of the stimulus' funds.

18 posted on 02/20/2009 10:21:55 AM PST by norton
[ Post Reply | Private Reply | To 1 | View Replies]

To: ScottinVA

I keep an eye on the DOW for no other reason than it provides a snapshot of the country’s economy. It also tells me what Wall Street thinks of Congress and the White House. They can say what they want, but it appears to me that Wall Street is looking at the Pelosi-Reid-Obama team as the three stooges revisited.

And you can think what you will about this economic mess being Bush’s fault, but it’s just not so. The housing bubble started to bloat with Fannie and Freddie years ago. Kept getting bigger and more bloated. Then, like all other bubbles, it burst. And when it did, the credit markets seized in this country.

If you have any certainty about where to place the responsibility of this economic mess, go back a couple of years to when the Democrats won the mid-term elections in 2006. What was the DOW doing then?

I’ll give you a hint. It was at 12,200 in November 2006. (http://en.wikipedia.org/wiki/Closing_milestones_of_the_Dow_Jones_Industrial_Average)

That was when Pelosi was running around arrogantly crowing about the voters giving Congress a mandate to change things.

Well, they changed things all right. By November 2008 the DOW had slipped down to 7,552. (http://latimesblogs.latimes.com/money_co/2009/02/dow-new-low-aft.html)

Don’t think for one minute that deficit budgets are good for the economy! Not only that, but every year for the past several decades, Congress has exceeded the budget requests of the White House. With the exception of those years when Clinton was president when the Republicans had control of Congress. In those Clinton years, the budget request was not exceeded.

So how do we get out of this mess? For starters, we have to reduce spending. All the way back to a balanced budget. We cannot spend our way out of this economic mess.

And the White House and Congress may not have noticed, but the middle class voters/taxpayers in this country are becoming more and more furious about these multi-billion dollar pork barrel spending bills that are rewarding people who don’t pay their mortgages, and are paying for programs that only benefit the political buddies of congressionals. You know the ones — they supported the Democrats in the last election.

Like salt water marsh mice out in Pelosi’s neighborhood!!??

November 2010 will be here before you know it. Time to send Pelosi and Reid packing and get some Republicans in there who know how to make an economy work right. And to put a stranglehold on the White House spending sprees.


19 posted on 02/20/2009 10:22:16 AM PST by quintr
[ Post Reply | Private Reply | To 4 | View Replies]

To: Islander7

Great job! Note the little rally before he locks nomination - this is where I think Hillary said she was not giving up.

The Bush-Paulson panic was caused by hedge funds and offshore sources crashing stocks and pulling $550 billion in money markets at once. Also during that October slide - O’s polls number versus MciCain kept going up.

Look at that little rally leading up to election day. That was McCain closing the gap in a FEW polls. Going into election day - the market held out “hope” that Mccain could still pull it off.

If we do not get a case to SCOTUS on the BC soon then we are toast. The only other positive would be if the Repub in NY state wins Gillibrand’s seat in the special election next month. If he does - the blue dog dems might be frightened enough to stop driving us off the cliff at light speed with O.


20 posted on 02/20/2009 10:22:40 AM PST by Frantzie (Boycott GE - they own NBC, MSNBC, CNBC & Universal. Boycott Disney - they own ABC)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Moonman62

What was it’s low following 9/11?

LLS


21 posted on 02/20/2009 10:22:51 AM PST by LibLieSlayer (hussein will NEVER be my president... NEVER!)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Frantzie

I expect Obama to take up violin lessons soon. That way he’ll be able to fiddle while America burns. Just another narcissist at the helm that will bring destruction to this country as in past history narcissists have done who have led and followed the same path and principles as Obama. And in all these years...through Hitler, Stalin, Saadam, Castro, etc. people still haven’t learned not to believe in/support the lies of someone who obviously is emotionally weak, a professional liar, and a self-centered egomaniac with NPD.


22 posted on 02/20/2009 10:24:14 AM PST by CitizenM ("An excuse is worse than an lie, because an excuse is a lie hidden." Pope John Paul, II)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Moonman62

The stock market discounts the future. This is investing 101. To simplify for even you MoonBat - the market looks ahead into the furture by 6 to 12 months.

The market is no longer Bush’s going into an election.


23 posted on 02/20/2009 10:25:13 AM PST by Frantzie (Boycott GE - they own NBC, MSNBC, CNBC & Universal. Boycott Disney - they own ABC)
[ Post Reply | Private Reply | To 17 | View Replies]

To: LibLieSlayer
The Dow actually started to recover after 9/11.

The Dow was at 9,605 on 09/10.

24 posted on 02/20/2009 10:27:11 AM PST by Moonman62 (I didn't compromise my soul to be popular. -- Jimmy Carter)
[ Post Reply | Private Reply | To 21 | View Replies]

To: ScottinVA

Down about 5000 since the market realized, in September, that Obama was going to win. It will go down every month Obama is in office.


25 posted on 02/20/2009 10:34:17 AM PST by Defiant (If they put Bush in prison, it will let us know which one to storm.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Frantzie
There are plenty of counterexamples. For instance on 09/10/2001 the Dow was at 9,605. On 09/21/2001 the Dow was at 8,235. Yet over the following twelve months, the Dow peaked at 10,632.

Obama is following the same strategy W did for eight long years as part of his "new tone in Washington." He let Congress write a piece of crap spending bill, and promised to sign whatever 1000+ page testament of corruption hit his desk. Obama is no better or worse than W on the economy. If anything it is W's third term.

26 posted on 02/20/2009 10:51:23 AM PST by Moonman62 (I didn't compromise my soul to be popular. -- Jimmy Carter)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Moonman62

This is far far worse. If you think it is the same then you need a clue.


27 posted on 02/20/2009 11:08:57 AM PST by Frantzie (Boycott GE - they own NBC, MSNBC, CNBC & Universal. Boycott Disney - they own ABC)
[ Post Reply | Private Reply | To 26 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson