When Will Media Admit Current Stockmarket Meltdown Is Reaction To Obama Election?

Dinner with Finance Pros | MB26

[MindBender26]

I was in Chicago to make speech to meeting of bankers, stock brokers, RE brokers, professional investors, etc.

They all had one question: When will MSM admit that market meltdown is reaction to knowledge that Obama's people will run country, and business leaders of all ilks have absolutely no confidence in Dems?

Most interesting were Social Liberals who loved Obama's social programs, but hate his approach to everything else, and blame him for market crash.

[MindBender26]

Is it over?

[gridlock]

Three years into the Obama Administration, it will still be All George Bush's Fault!

[penelopesire]

Here is a question for them. When will these business leaders lining up at the government trough admit that they are also helping to push this country into socialism and communism?

[rhombus]

When will MSM admit that market meltdown is reaction to knowledge that Obama's people will run country, and business leaders of all ilks have absolutely no confidence in Dems?

Never, it's still Bush's fault and will be forevermore. If there's going to be any realization it's not going to happen until deep into 2009 and even then I'm skeptical.

[taildragger]

Yet the social liberals will not also chastise Dodd, Frank, Raines, or Gorelick. And they will not explain to the American people the “Moral Hazard” they subjected the World Economy to via the lack for Federal Oversight of Freddie and Fannie.

It is so important to explain to the American Public for starters what caused this, and no one will go near it other than the alternative media.

[webschooner]

NEVER

[conservative_guyz]

Poulson Panic of ‘08 + Obama Elected = Tanked markets

[Campion]

to knowledge that Obama's people will run country

I believe you left out an "i".

[RetiredArmy]

Surely you jest?!?!?!?

[JasonC]

When hell freezes?

[Russ]

The markets have been going down sharply for a couple months, ever since the street realized what an inept campaign McCain was running and that Obama’s election was a foregone conclusion. Since his election it continues to drop but the MSM blames it on everything else but Obama’s election. They have too much invested in him to ever blame him for anything.

[randita]

The markets have been going down sharply for a couple months, ever since the street realized what an inept campaign McCain was running and that Obama’s election was a foregone conclusion.

Correct. Most of the Obama win was already factored into the market. The proposals about the government taking over 401K's killed it totally.

[qwertypie]

Watch CNBC and all of their in-house reporters. The topic is the elephant in the room from which they turn their gaze. Many are delusional to begin with, but the others shy away from it as a career protection move. No Al Campanis or Jimmy the Greek moments for them.

[comps4spice]

They never will. B.Hussein O. will never be blamed for anything by the MSM. They adore and worship him.

[Dahoser]

Better question, when will a single Republican stand up and say it? These clymers are now over a week removed from getting their keisters kicked all over the place (and, of course, the RATS aren't done yet stealing races), and the only thing they seem to be able to do is hammer Sarah Palin.

Wait! Notable exception is Representative Paul Broun of Georgia who called out Chairman Hussein on his brownshirts proposal.

So other than Representative Broun, what is the rest of the party doing? Have they not noticed the market diving? They sure seemed to notice it when they jumped on the bailout bandwagon. Clymers!

[screaminsunshine]

Oh no nom no. It is the fault of Iperialist Capitalist polices of the last 60 years.

[AmericanVictory]

Exactly, and if they went to the real fault they’d have to point fingers at Cuomo, Clinton, Frank, Kennedy, et al. and they never will.

[misterrob]

For the love of God, this nonsense about the Obama crash needs to stop. It makes FR look like moonbat central.

The global economy is crashing just about everywhere but China and their bubbles are bursting as well. The US and European governments are knee deep in our banking systems trying to stave off a disaster of epic proportions the origins of which started 10 years ago and yes, continued under Bush. The debting, overspending and lack of savings have pushed us to the edge of a cliff. The Paulson and Bernanke two headed monster needs to die now.

He has nothing to do with the market crash that started last year, the real estate melt down that started in late 2005 or the loss of a million of so jobs this year.

Obama is however, little more than a continuation of the last 8 years when it comes to increasing spending and debt.

[albie]

They’ll ALWAYS blame Bush. Years from now dems will say “economy is completely broken due to Bush policies”. “Could take 20 years to fix”...etc. Dems always buy themselves enough time so that they’re either dead or close to dead when their “predicted time” is up.

[TheBigIf]

When will the MSM admit that it has been the democrat party ideology to intertwine a political agenda with business and the market which is causing this economic crisis to begin with. (In contrast the republican ideology is of limited government and keeping the market as free as possible to make business decisions and not political ones.)

With the banking and housing industries it was a democrat political agenda (loans for minorities) that caused this initial crash.

With the auto industry it is also a democrat political agenda (CAFÉ and other regulations, Union political agenda, etc…) that has made these industries non-profitable.