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

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[Big Horn]

Bush’s Fault!

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

It started going down the day BO got elected and has continued. Everyone knows he is not friendly to business.

[Old Sarge]

LMAO!!!

[BykrBayb]

I remember when trolls used to get zotted. I miss the good ol’ days.

[erkyl]

Who would have thought the voters of our Republic would cause it’s destruction?

Karl Marx?

Seriously, when you look at the higher education of the intellectual elites in this country and when you understand they were all nursed from the same teats of 'progressivism' (socialism, Marxism, communism, fascism...pick one), then it starts to become clear.

My question has always been why do all these intellectuals hate capitalism so much? I think they truly believe Marx' theoretical notion that as societies grow into communism, the state will retreat and shrink. Too bad none of them have paid enough attention to history to see Marx was completely wrong in his theoretical hypothesis. All communism does is increase the power, control and tyranny of the state. Absolute power corrupts absolutely.

[metmom]

But we need the opportunity to play with them.

[Moonman62]

Wrong! Bush was a RINO & spent way too much. However, things started falling apart in 2006 with Pelosi and Reid.

Oh sure, that's when W started vetoing spending bills. LOL!

[mrmeangenes]

Hey, lass: I remember when I could post on FR without having to kneel to some self-appointed “Zod” .

[mrmeangenes]

Here’s some of the stuff I was posting on FR not that long ago:

http://mrmeangenesnews.blogspot.com/2005/10/commander-in-chief-yes-maam-no-maam.html

[Frantzie]

Oh it’s you moonbat. 2006 was Pelosi & Reid NO Energy Bill - causing gas to got to $4 +++ a gallon which helped tank the economy plus the Dems blocked any oversight of fannie & Freddie.

[trooprally]

Nice. I’ve saved it to be used at a Tea Party coming soon to D.C.

[Mr] T

[Moonman62]

W's weak dollar is what led to high commodity prices, and the lack of any decent place to invest money in the Bush economy.

As far as the housing crisis and W goes, listen to this.

http://www.youtube.com/watch?v=eW9viaJatpo

[bruinbirdman]

"We were claiming Bill Clinton's economy was a direct result of Reagan's supply side economics finally working."

We were saying that Republicans gained control of the House (spending) and the Senate for the first time in 40 years. Thats why the budget was balanced and Reaganomics flourished after 1995. Clinton was along for the ride.

yitbos

[Frantzie]

No this one is all Obama’s depression and they want it to get worse. Market wa above 12,000 under Bush and after Hillary lost the nomination it started to drop. Tanked in October when O’s polls had him leading McCain. This depression is ALL Obama’s baby.

[CottonBall]

So in your opinion, the market freefall since the election of Obama in November of 2008 is a sign of Obama’s success?

In a convuluted way, probably so. He wants to destroy capitalism and institute socialism. That can be done either through a revolution or incrementally by destroying the free market and increasing government. It's kinda like Rush saying he wants Obama to fail, meaning to fail in his quest to make the U.S. a socialist state.

[Moonman62]

Market wa above 12,000 under Bush

Based on a government bubble, a commodities bubble, and a real estate bubble. They were unsustainable and burst while W was completely clueless and unaware, because all his attention was on trying to flood the country with illegal aliens. The market continued to decline until he left office because of his poor economic leadership. TARP was conceived and screwed up while he was still in office.

[digital-olive]

Awesome!

I love that image. Even though that I know I will hear for the next four years: “Bush’s fault, Bush’s fault, Bush’s fault....”

[PA-RIVER]

I think people simply disagree with Obama because his Mom was white, not because he's a genuine communist thug....

[napscoordinator]

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?

I think at least one year. Right now it is about 33 days since Obama took over. They will at least give him the first 100 days and then slowly start to question him before really going against him one year from now.

[upchuck]

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.

Ah, but there's a plan. Carter did not desire to turn the USA into a socialist nightmare. nobama, on the other hand, ...

Suck it up. nobama's just getting started. Rationed, national health care is coming. Amnesty for a jillion illegal aliens is coming. Carbon cap and trade is coming.

Just bask in the aura of Hope and Change and don't worry.

[mrmeangenes]

THis is one of the reasons a “loyal opposition” loses credibility.

Folks are still so angry at having been defeated, and so eager to strike back in some way, they are willing to make a recession worse (recessions are often a matter of perception) just so they can count coup.

They think they are being patriotic, but some of them come off looking like “brownshirts” - for lack of a better word.