Is Obama responsible for Wall Street's meltdown?

Salon ^ | 3/5/09 | ('LIl) Bob Reich

[jdfromny]

March 5, 2009 | Is Obama responsible for the meltdown of the Dow? The consistently wrongheaded Wall Street Journal's editorial page says so, as does Republican Fox News, CNN's reliably demagogic Lou Dobbs, and now CNBC (where, full disclosure, I frequently appear as a token liberal). CNBC's Jim Cramer, who bloviates nightly about stock picks, says Obama is pushing a "radical agenda" that's destroying investors' wealth. My friend Larry Kudlow, who rants nightly about nearly everything, says Obama is destroying capitalism. CNBC reporter Rick Santelli's ballistic nonsense about Obama's mortgage plan made him a pop-populist icon for a week or so.

[BGHater]

Yeah it was Obama who forced Investment Banks to leverage 30 times of their balance and not regulate Derivatives.

Get a grip. This has been building for a while. R's and D's have been running the country into the ground.

Obama sucks, but he's not the total blame.

[GOPGuide]

When we see laid off Hedge Fund managers joining the KKK, the left will know it’s over...

[fieldmarshaldj]

“Hey, boss. De blame ! De blame !”

[50mm]

My pleasure. I find humor my only solace as I helplessly watch zero destroy the country I love.

[MrB]

Make no mistake: Angry right-wing populism lurks just below the surface of the terrible American economy, ready to be launched not only at Obama but also at liberals, intellectuals, gays, blacks, Jews, the mainstream media, coastal elites, crypto socialists, and any other potential target of paranoid opportunity.

uh... Bobby... You're damn right about some on this list - the rest is just YOUR paranoia.

[Syncro]

Check out the History of the financial problems surfacing at this time

Congressional Democrats Bankrupted the Nation (The History)

Friday, March 06, 2009 10:43:10 AM · by Syncro · 23 replies · 780+ views

Canada Free Press ^ | Wednesday, January 28, 2009 | JB Williams

[MrB]

Whites have been cowed by a really undeserved sense of guilt.

[50mm]

Here's another for some more laughs. The three socialists in the Land of Oz.

[Petronski]

Wow, Bobby, think you threw in enough insults there?

[Syncro]

Whites = loser race

What's with the racist statement?

Don't answer with one of those poofter little boxes.

[colorado tanker]

Obama is responsible for nothing?...

No, he's responsible whenever the market goes up. Remember a few days ago when he encouraged people to buy stocks and the market went up something like 40 points? The MSM swooned.

Just so you understand the rules, market goes down, Bush's fault, market goes up, Obama's success. Never mind the Dow was at 9,000 when The Messiah took over and before he announced all those wonderful programs . . . .

[Drango]

Speaking of stock meltdowns....is Salon still publishing?

[I see my hands]

That fact that whites are cowards does not excuse them, it makes them worse.

[Argus]

Obama and company have made it clear that their intent is to destroy the private economy in order to make everyone totally dependent on the government. Why would any sane person not get their money out?

[50mm]

I believe he was paraphrasing Robert “the pygmy” Reich’s beliefs.

[RC2]

How much longer will the American take his decisions before they remove him from office? Same goes for Congress.

[Texican72]

If someone could hack into his teleprompter this could fixed this without him even knowing.

I'm thinking we could have a Ron Burgandy "Go bleep yourself, San Diego" moment...

[sourcery]

"The dreadful policy proposals will continue until the market rallies."