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To: quesney

I found the Obama quote!

Obama faulted as indifferent on stocks

http://www.washingtontimes.com/news/2009/mar/08/concern-urged-for-stock-market/

“With the stock market in a practical free fall since he was sworn in to office Jan. 20, Mr. Obama seemed to dismiss the plunge in equities Tuesday in an Oval Office conference with British Prime Minister Gordon Brown, suggesting that he was unconcerned about Wall Street’s daily fluctuations.

“What I’m looking at is not the day-to-day gyrations in the stock market, but the long-term ability for the United States and the entire world economy to regain its footing,” he said.

“The stock market is sort of like a tracking poll in politics, it bobs up and down, day to day. And if you spend all of your time worrying about that, then you’re probably going to get the long-term strategy wrong,” he told reporters.

But Mr. Wyss and some of his colleagues on Wall Street - where investors have lost trillions of dollars in savings and the market is not so much bobbing as dropping straight down - think Mr. Obama could have shown more concern for the markets, which represent the economy and signal its future direction. “


29 posted on 03/09/2009 1:12:35 PM PDT by FocusNexus ("Good and evil are present in this world, and between the two there can be no compromise." GW Bush)
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To: FocusNexus

Obama will have to explain to me how a tracking poll with no relevance and trillions of dollars of life savings and investment is the same


68 posted on 03/09/2009 2:03:52 PM PDT by fightin bronco (If you counted on America remaining passive...you counted wrong)
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