Markets seem to love obama

Discussion in 'Politics' started by KINGOFSHORTS, Dec 3, 2010.

  1. That has nothing at all to do with a comparison between WALL STREET and MAIN STREET.

    Come on guys.....keep this on track please!
     
    #11     Dec 5, 2010
  2. Just like higher taxes created jobs under Clinton, right? You people are idiots. The market's up DESPITE Odumba.
     
    #12     Dec 5, 2010
  3. 1 - Nobody's taxes have gone up yet. Reference this: Tax bills in 2009 at lowest level since 1950

    2 - One Republican president, Reagan, has an economic record comparable to that of your average Democratic president. The rest presided over economies that were mediocre at best. One Democratic president, Carter, presided over a bad economy. The rest had pretty good records. After a while this bit of special pleading about how it was despite them because of whatever it was that happened while they were in office gets a bit worn out after the third or fourth example.

    Obama's record so far is objectively not good. It's far better than Reagan's after two years however, Reagan being the last President to inherit as bad a situation as this one did.
    With Reagan, things finally took off after two years. We shall see with this one.
     
    #13     Dec 5, 2010
  4. .....or is it "discounting" the expectation that he WILL be a one-term president? :confused: :eek:
     
    #14     Dec 5, 2010
  5. jem

    jem

    What did we read the fed lent out 30 trillion. It lends money to its members at zero percent?

    How could the market not be up with that sort of buying. the markets are being supported by a money pump... they are no longer a sign of anything.
     
    #15     Dec 5, 2010
  6. Not true.
    Indisputable fact: The market is forward-looking. [​IMG]

    When Obama took over the Presidency, the DOW was at 8K. It saw Obama.
    Now the DOW is at 11K+, it priced in the Republican Congress.
     
    #16     Dec 6, 2010
  7. #17     Dec 6, 2010
  8. #18     Dec 6, 2010
  9. Tsing Tao

    Tsing Tao

    you're all a bunch of asshats if you think the market gives a single shit about what obama does.

    it's about the fed and benny. that's all.
     
    #19     Dec 6, 2010
  10. Lucrum

    Lucrum


    Is this his front end or his back end? :confused: :)
     
    #20     Dec 6, 2010