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Video surfaces of Barack Obama admitting he doesn't understand the Stock Market
Naked Emperor News/YouTube ^ | March 3, 2009

Posted on 03/03/2009 10:56:01 AM PST by library user

A frighteningly naive Obama talking about large growth stock, diversifying portfolios etc. In these troubled times do you really want to trust a community organizer who doesn't know economics 101 with the largest most complicated economy in the world.

WATCH VIDEO (it's only about 90 seconds).


TOPICS: Business/Economy; News/Current Events
KEYWORDS: abovemypaygrade; dunce; gaffemachine; obama; obamaeconomy; obamagaffes; obamanomics; stockmarket; werescrewed
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0 thinks there is such a thing as a "mid-growth" stock.
1 posted on 03/03/2009 10:56:01 AM PST by library user
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To: library user

OMG! We are doomed


2 posted on 03/03/2009 10:56:51 AM PST by GoCards
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To: library user

Gee!...You could have fooled me!!


3 posted on 03/03/2009 10:57:01 AM PST by AngelesCrestHighway
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To: library user

Eddie Murphy understood the Commodity’s Market as explained by the Duke Brothers.


4 posted on 03/03/2009 10:57:15 AM PST by massgopguy (I ostard yet?we everything to George Bailey)
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To: library user

What a failure he is.


5 posted on 03/03/2009 10:57:22 AM PST by steelyourfaith (How many face lifts were required before the Speaker began speaking from her anal orifice?)
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To: library user

There may well be some good buys out there right now, but not because Obama says so. If he shuts up for a while we might see some rebounds.

In fact I’d go as far as to say that any stock Obama would mention by name is one NOT to buy.


6 posted on 03/03/2009 10:58:27 AM PST by RockinRight (How do you like your Savior now, libs? Looks like Jimmy Carter is no longer the worst President...)
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To: library user

Too bad we don’t have investigative journalists in this country willing to take a long, hard look at Obama.

They are still trying to find dirt on Plain, I guess.


7 posted on 03/03/2009 10:58:48 AM PST by cvq3842
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To: library user

The sad thing is that 0bama thinks he is bright and knowledgable. In truth, he’s a half-bright but too dumb to realize it.


8 posted on 03/03/2009 10:58:53 AM PST by qwertypie
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To: library user
O’bozo has many areas of ignorance.
9 posted on 03/03/2009 10:59:13 AM PST by boomop1
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To: library user

Well, a little earlier on ABC he was heard to mumble something about “profits to earnings ratios” starting to look better! LOL!!!


10 posted on 03/03/2009 11:00:05 AM PST by EEDUDE
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To: library user

bttt for later


11 posted on 03/03/2009 11:02:41 AM PST by boxerblues (Party like its 1773)
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To: library user

I remeber him beating up on McCain and using McCains words against him and the media carrying Obama’s water.

This is the 1st time I’ve ever seen or heard of this video.


12 posted on 03/03/2009 11:04:37 AM PST by Tempest (There's a storm coming...)
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To: RockinRight
When you are advocating taking over the health care industry...

And have basically taken over much of the banking industry already.....

And are telling everyone you are going to tax the snot out of oil companies...

And advertising that you are going to tax the heck out of "producer citizens"...

And telling coal companies you are going to tax them into bankruptcy.

And telling everyone and their brother that these deficits are going to run out years and years......

I'd say the only thing to do is exit the stock market completely...or short everything.

13 posted on 03/03/2009 11:07:34 AM PST by Osage Orange (Our constitution protects aliens, drunks and U.S. Senators. -Will Rogers)
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To: library user
If you listen closely, he's as much as admitted or demonstrated that he's not conversant regarding economic matters.

He's at a loss about economics and the ditsy men and women that thought it was "cool" to vote for him (they voted for him for no other apparent reason) have now put an in an economically clueless President who is blindly and ignorantly trying to take down the free-market system of most economically successful country in the world.

14 posted on 03/03/2009 11:08:16 AM PST by Jim 0216
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To: library user

As pointed out here, he referred to “price and earnings ratios” while giving his investing advice today.

A stupid socialist.


15 posted on 03/03/2009 11:08:42 AM PST by rightinthemiddle (Without the Mainstream Media, the Left is Nothing.)
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To: library user
If you listen closely, he's as much as admitted or demonstrated that he's not conversant regarding economic matters.

He's at a loss about economics and the ditsy men and women that thought it was "cool" to vote for him (they voted for him for no other apparent reason) have now put an in an economically clueless President who is blindly and ignorantly trying to take down the free-market system of most economically successful country in the world.

16 posted on 03/03/2009 11:08:59 AM PST by Jim 0216
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To: library user
If you listen closely, he's as much as admitted or demonstrated that he's not conversant regarding economic matters.

He's at a loss about economics and the ditsy men and women that thought it was "cool" to vote for him (they voted for him for no other apparent reason) have now put an in an economically clueless President who is blindly and ignorantly trying to take down the free-market system of most economically successful country in the world.

17 posted on 03/03/2009 11:09:22 AM PST by Jim 0216
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To: library user

Yeah but he’s the greatest speaker of our time.


18 posted on 03/03/2009 11:09:26 AM PST by McGruff (Oh no, there goes Tokyo! Go go PORKZILLA!)
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To: EEDUDE

He called it “price and earnings ratios.”


19 posted on 03/03/2009 11:09:39 AM PST by rightinthemiddle (Without the Mainstream Media, the Left is Nothing.)
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To: library user
The koran hussein knows... but otherwise he is as dumb as a box of rocks... more dangerous than bin laden and as evil as satan... but he is a dumb ass to the tenth power.

LLS

20 posted on 03/03/2009 11:10:43 AM PST by LibLieSlayer (hussein will NEVER be my president... NEVER!)
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To: library user

Evidently, the economy is “above his pay grade” too.


21 posted on 03/03/2009 11:11:29 AM PST by frankenMonkey
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To: library user

Obama is the greatest humiliation our country has ever experienced.
It will takes years of careful reconstruction to correct the multitude of errors and flagrant misdeeds upon our country.
The great purge must start soon to eradicate all the false lies and high ranking supporters that have been part of the Arabian conspiracy to overthrow America.

But first we need to accept the facts that we have the most serious problem in the first place, too many people still live in denial, too many people still live on the daily mantra being dished out by the MSM, and too many people are not doing anything to protest much less make a determined effort to correct this travesty.

There is no time to waste, the time is now to draw the line, about the only real defensive plans so far that could slow down the Obamination is the sovereignty rights of individual states, if we cannot oust the usurper we can minimize his rulership.


22 posted on 03/03/2009 11:11:46 AM PST by Eye of Unk (How strangely will the Tools of a Tyrant pervert the plain Meaning of Words! SA)
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To: library user

Why would BO have to learn about investing? He makes much more money focussing on “organizing communities” and taking bribes from companies like Fannie and Freddie and others.

The stock market could never compete with those kinds of high growth political investments.


23 posted on 03/03/2009 11:12:33 AM PST by takenoprisoner
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To: library user

His handlers (who want to destroy the country) know how it works. He doesn’t need to know.


24 posted on 03/03/2009 11:12:42 AM PST by Sig Sauer P220 (There ought to be one day -- just one -- when there is open season on Senators --- Will Rogers)
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To: library user

He now supports “negative growth” stocks.


25 posted on 03/03/2009 11:13:13 AM PST by editor-surveyor (The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
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To: library user

Obama’s pet goat ate his economic plan.


26 posted on 03/03/2009 11:16:50 AM PST by a fool in paradise ("Do you know the website number?" - VP Joe Biden)
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To: RockinRight
In fact I’d go as far as to say that any stock Obama would mention by name is one NOT to buy.

Look for the corporations that gave a lot of money to the Obama scampaign.

They will be the ones receiving bailout money...

27 posted on 03/03/2009 11:17:49 AM PST by a fool in paradise ("Do you know the website number?" - VP Joe Biden)
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To: library user

I bet Obummer understands sharia banking law though.


28 posted on 03/03/2009 11:18:18 AM PST by OB1kNOb (Economists predicting a quick recovery are like the band that continued playing on the Titanic.)
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To: Sig Sauer P220
If this candidate had been vetted during the campaign, we would not have this anticapitalist ignoramus as a President.

But our party's candidate was seated by the Democrats (including Howard Dean staffers who went to work for McCain 2008 back in 2006). Some turncoats even jumped shipped for the Obama campaign AFTER they'd secured McCain the GOP nomination.

IF we'd have had a real candidate who sought to win, he would have brought up such details about this guy's lack of knowledge on the market during one of the debate.

But no. That would have been cruel. To expose him so. When he means so much to millions.

Better we all suffer with a 3500 stock close.

29 posted on 03/03/2009 11:20:46 AM PST by a fool in paradise ("Do you know the website number?" - VP Joe Biden)
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To: Jim 0216

Ooops - sorry for the multiple posts...


30 posted on 03/03/2009 11:21:44 AM PST by Jim 0216
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To: Jim 0216
If you listen closely, he's as much as admitted or demonstrated that he's not conversant regarding economic matters.

He said this much during the campaign in one of his interviews when he said he didn't know about such things but would surround himself with people who DID. Of course, the ones he's found so far couldn't even see to paying their taxes.

31 posted on 03/03/2009 11:21:54 AM PST by a fool in paradise ("Do you know the website number?" - VP Joe Biden)
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To: library user

bttt


32 posted on 03/03/2009 11:22:33 AM PST by snowrip (Liberal? YOU ARE A GUTLESS SOCIALIST LOSER WITH NO RATIONAL ARGUMENT.)
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To: Tempest

Yea, a little late for this video now. All we heard was what a dope mccain was before the election.


33 posted on 03/03/2009 11:25:57 AM PST by jackv (Just shakin' my head!!)
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To: library user

the emporer has no teleprompter. what a boob


34 posted on 03/03/2009 11:26:27 AM PST by wny
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To: massgopguy

I like the part where they explain pork bellies, which are used for bacon, which you would find in a bacon, lettuce, and tomato sandwich. The look Eddie gives the camera is classic.


35 posted on 03/03/2009 11:26:46 AM PST by drew
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To: Osage Orange

>I’d say the only thing to do is exit the stock market completely...or short everything.

Roight-o.


36 posted on 03/03/2009 11:28:38 AM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: library user

He thinks the economy is a “pie”...lol!


37 posted on 03/03/2009 11:29:17 AM PST by SonOfDarkSkies
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To: rightinthemiddle
As you well know, it's price to earnings ratios.

My point was that he is economically illiterate, but still wants to convince us he's a master of all things.

Last week it was a CRISIS, but now we need to buy stocks cause they are a real good deal.

Does this character have any inkling of how transparent and foolish he looks?

38 posted on 03/03/2009 11:32:34 AM PST by EEDUDE
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To: RockinRight

A sure bet is whenever he opens his O-hole, the market goes down. That you can bet on.


39 posted on 03/03/2009 11:33:11 AM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: EEDUDE

I’m not correcting you; just pointing out what Obama said incorrectly.

We are in agreement.

Imagine if Bush had made such a gaffe?

Obama is so used to having his butt kissed, nothing affects him.


40 posted on 03/03/2009 11:34:45 AM PST by rightinthemiddle (Without the Mainstream Media, the Left is Nothing.)
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To: a fool in paradise

>Better we all suffer with a 3500 stock close.

I wouldn’t mind that so much if he were actually pursuing Justice, you know, those camping promises about “no earmarks”, “no lobbyists”, and “cleaning out corrupt politicians”... however, I know that none of our oligarchy want the light of justice to shine, they are all too guilty to stand it.

The Judiciary, the Legislature, and the Executive branch have proven themselves to hold the constitution to no regard, and shown dereliction-of-duties to the point of treason. (Leg./Exe.- in passing a 1000+ pg bill W/O having read the entire thing, to say nothing of its contents; the judiciary for failing to see to it that the President is/was Constitutionally qualified.)

I, for one, would not mind seeing these traitors hang for their crimes.


41 posted on 03/03/2009 11:36:12 AM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: Tempest

This very video was posted on FR before the election. However, the original poster (don’t remember his or her screen name) did not use the YouTube title, so it doesn’t show up as a duplicate in a search.

I figured a lot of folks missed this the first time around.


42 posted on 03/03/2009 11:43:40 AM PST by library user (Rod Blagojevich should have been TIME MAGAZINE'S "Person of the Year.")
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To: rightinthemiddle

“I’m not correcting you; just pointing out what Obama said incorrectly.”

I understood that.

If I am a bit defensive and cranky it’s cause I am furious with that ignorant little Chicago street punk; the mushrooms who voted for him, and the media that tends those mushrooms.

We are the official laughingstock of the World.


43 posted on 03/03/2009 11:47:49 AM PST by EEDUDE
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To: library user

And to believe that 52% of our fellow Americans think this man is another Einstein.


44 posted on 03/03/2009 11:51:02 AM PST by dbrew2u
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To: EEDUDE

You and me both, brother.

I’ve been making sacrifices so I don’t have to lay off employees, keeping our company positioned for an revival in the economy. Unfortunately, most of my clients don’t see things getting any better due to Obama’s policies. I’m very angry.

Obama is crushing small businesses in this country.


45 posted on 03/03/2009 11:51:14 AM PST by rightinthemiddle (Without the Mainstream Media, the Left is Nothing.)
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To: massgopguy
Eddie Murphy understood the Commodity’s Market as explained by the Duke Brothers.

I remember seeing on of those "the making of" shows on Trading Places. Dan Ackroyd and Eddie Murphy were asked about trading and both said they had now idea how the commodities tradng works.

46 posted on 03/03/2009 11:59:11 AM PST by sportutegrl
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To: qwertypie
The sad thing is that 0bama thinks he is bright and knowledgable. In truth, he’s a half-bright but too dumb to realize it.

No, he's sinister and evil.

47 posted on 03/03/2009 12:02:29 PM PST by Entrepreneur (The environmental movement is filled with watermelons - green on the outside, red on the inside)
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To: rightinthemiddle
Obama is crushing small businesses in this country.

That's the plan. Destroy individuality(small businesses), consolidate their business into large artificially created conglomerates then have big government take control of the conglomerates and existing companies through bailouts when they start failing due to government interference in the economy.

We're living Atlas Shrugged.

48 posted on 03/03/2009 12:12:39 PM PST by America2012
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To: library user

It’s part of the Cloward-Pivens Strategy.


49 posted on 03/03/2009 12:19:35 PM PST by TigersEye (Cloward-Piven Strategy)
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To: library user

So why would we need a video? Anyhow, Husseins brownshirts who know it well enough to make certain it crashes.


50 posted on 03/03/2009 12:25:09 PM PST by Oldpuppymax (AGENDA OF THE LEFT EXPOSED)
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