Since its nomination: The DOW has actually lost 7,000 points.
Why only the “2000 point loss” that NBC claims?
Communists don't want to see Capitalists make money. Only political expediency will force 0bama to let the Dow rally.
Jeff Macke and Guy Adami on Fast Money are the only good thing on CNBC and Santelli.
The market started going down in June 2008 when Hillary had the nomination stolen from her.
As long as the Media continues to prop up Obama, he’s going to continue the destruction of capitalism.
And it’s not just “people” who want to make $249,000 a year and no more; it’s “wives and husbands” who each want to make no more than $124,000 a year.
This is a serious hit on the producer class.
>> What’s holding it back?
A better question might be: what’s keeping it THIS high?
Should fall farther. Followed in short order by real estate prices — through the floor. Commercial, residential, rural. All of it.
The gold bubble will pop, too.
Despite their decreases to date, all of these asset classes are still greatly overpriced.
Obama has a whole slew of outrageous plans. And imagine that with all these new taxes in the trillions, he is proposing CUTTING medicare benefits?
A simple bold suggestion is Just Leave It Alone! All this nonsense proposed by Obama is unecessary and destructive.
You know, it’s pathetically tragic what being a “Democrat” has become. All of these stupid Dems were waiting for their second coming of FDR, and all they get is Jimmy Carter dipped in chocolate botox.
The Democrats in office do not have the ability to comprehend even the most basic aspects of capitalism. There was a time when they had a basic understanding, but now, they don’t have a clue, and for that they let a malicious homo-fascist in Obama convince them he could fix it all. The blind and cruel leading the blind and hopeless.
Macke is no dummy. He has his BA from Dartmouth and his MBA from Stanford. He and Guy Adami on Fast Money are a hoot and they know their stuff.
Um, they do have their act together - the Obamination has this country on a glide path to socialism. That is what they want. For him to say anything else would be disingenuous. He is doing exactly what he said he would do.
The presidential bastard in chief wants to keep the market down to destroy wealth and build social dependency. It’s in his best interest.
Just wondering??
He’s asking a Zebra to change it’s stripes. Wait....was that racist?
His assessment of the goal is incorrect.