Market Plunges to 1997 levels -- still falling. Where's Messiah? All Hail (Capitalism DeathWatch™)

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[quesney]

Dow
7,177.78
-187.89
-2.55%

Nasdaq
1,399.99
-41.24
-2.86%

S&P 500
749.23
-20.82
-2.70%

[Bon mots]

[Moonman62]

The Messiah is serving W’s third term as far as the economy is concerned.

[A_Former_Democrat]

Obama:

I fell in to a burning ring of fire
It went down, down, down
And the flames went higher

And it burns, burns, burns

[brownsfan]

Sadly, the answer is still in their playbook:

Bush’s Fault!

(It’s not accurate at this point, but America will buy it.)

[Lucky9teen]

[erkyl]

Market to Obama: “Did you think making announcements on the weekend about your plans to further destroy capitalism would avoid the death spiral you’ve sent us into? Wrong, yet again...”

[Red in Blue PA]

That picture is inaccurate. Obama is sheltered from the economy, and has no worries.

[Man50D]

Cloward-Piven Strategy

[Syncro]

That's not Present Obama in that picture.

It's a chimp.

[dead]

Next four years:

Good news = Obama's fault.
Bad news = Bush's fault.

Rinse. Lather. Repeat.

[Right Cal Gal]

Of course, no one mentions that in June the market was up to 13,000, where it had been pre-9/11. It has been falling steadily since Zero’s nomination, then election and finally, coronation.

Maybe Wall Street doesn’t want to trust Zero and his band of tax cheats with the nationalizing of the banks, especially when you consider Wall Street KNOWS where the real problems lay and that DC isn’t doing squat to fix them.

[GOPsterinMA]

All the way to re-election?

[NavyCanDo]

How far does it have to drop, and for how long does it have to be there, before the Koolaid drinking Obama voters come to the realization that this is now the Obama economy not the Bush economy?

[FocusNexus]

And the market hasn’t even priced in Obama’s massive tax increase plan, coming in a couple of days. The market is voting NO CONFIDENCE in Obama.

Obama should resign for the good of the country, he is not up to the job, already did more damage to the country in a month than even the previously worst president, Jimmy Carter in his 4 years.

[April Lexington]

Actually, folks... communists are having a wonderful time watching the market collapse. Karl Marx predicted capitalism would collapse and they believe this is it. This is a happy day for Obama and friends (right, Billy?).

[lainie]

down -235 now with < half an hour to go

DJI

[ssaftler]

Next four forty years:

Good news = Obama's fault.
Bad news = Bush's fault.

Rinse. Lather. Repeat.

Think big! We may be heading for another 40 years of wandering aimlessly in the Congressional desert while Pugliosi and her thugs run things.

[Boardwalk]

I heard a guy say recently that he was willing to give Obama a chance, but now that he sees what Obama is doing he says Obama is just as bad as all the rest. No change more of the same.

This is hopeful as while he still blames Bush (deregulation), he also blames Obama.

[frogjerk]

-238 now...