Greatest president ever!

mindseye

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In Bush's farewell address, Bush crowed that his greatest accomplishment was -- get this -- that 9/11 happened only once. "America has gone more than seven years without another terrorist attack on our soil," he boasted. (source -- it's Fox!)

By that yardstick, Obama has a perfect record: no terrorist attacks on our soil so far! And he accomplished this without authorizing any torture.
 

B_starinvestor

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Also the worst inauguration day performance in NYSE history. Utilizing Mindseye's barometer for Obama's record, our country will be completely insolvent in 25 trading days; with all publicly traded stocks worth nil.
 

houtx48

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"I come home with my head held high," he said, adding that when he got to his Crawford ranch he would look in the mirror and "be proud of what I see."................he's a funny girl.
 

B_Nick8

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Also the worst inauguration day performance in NYSE history.

Inauguration Day is, historically, always bad for the NYSE and considering that the economy is now in the worst condition that it's been in since, oh, I don't know, the Depression, this comes as no surprise. *sigh*

I'll be home tomorrow or Friday and I'll tell you all about it.
 

mindseye

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Also the worst inauguration day performance in NYSE history. Utilizing Mindseye's barometer for Obama's record, our country will be completely insolvent in 25 trading days; with all publicly traded stocks worth nil.

It was a yardstick, not a barometer, Chuckles.

The Wall Street Journal reports on yesterday's decline (source):

Problems with overseas banks contributed to weakness in U.S. stocks, said Alan Valdes, a floor trader with Hilliard Lyons. "It's an aberration -- I think we're going to get an Obama honeymoon rally," he said.

If true, the inauguration may have actually helped the economy.

The WSJ article also contains an interactive widget comparing the state of the nation at the beginning of Obama's administration, to the state at the beginning of the previous five administrations. I recommend taking a look at it.
 

Cowabanga

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Also the worst inauguration day performance in NYSE history. Utilizing Mindseye's barometer for Obama's record, our country will be completely insolvent in 25 trading days; with all publicly traded stocks worth nil.

About time you come to your senses on the Bush's Legacy on the abysmal economy Obama inherited. Thanks for pointing that out!

The economy is like a garden, and all you see now with Obama is the dirt that haven't even been till yet.
 

Phil Ayesho

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Also the worst inauguration day performance in NYSE history. Utilizing Mindseye's barometer for Obama's record, our country will be completely insolvent in 25 trading days; with all publicly traded stocks worth nil.

The COUNTRY won't be completely insolvent... just the sector that relies on making money for nothing thru speculation.

Of course... I recall quite a few stock market Rallies as the direct result of Obama... like the one the day he got elected, the one the day he announced his financial team, etc...

Stocks fell because of one thing... Everybody knew what to expect of Bush and could 'wager' accordingly ( most successful traders in the last few months have been betting on economic failure )

But as of the 20th... nobody knows what to expect...they aren't sure whether they should bet on failure, or on recovery...

They Do know that the free rein of graft and no SEC enforcement is OVER, tho... and they are rightfully nervous that their scams and unethical practices will be exposed.


My heart bleeds for the useless fucks who do nothing but mess with the economy by trading paper.
They all want to get rich by doing nothing, producing nothing.
 

mindseye

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About time you come to your senses on the Bush's Legacy on the abysmal economy Obama inherited. Thanks for pointing that out!

And on his first full day at work, the Dow Jones rebounded, gaining back 279 points.

Back on November 21, when Obama announced Timothy Geithner was his nominee for Treasury Secretary, the Dow Jones began a five-day rally. Five consecutive days of gains are rare even in sound economic times, and to have seen such a rally in the middle of a dismal economic crisis was almost supernatural.

I suspect that investors like what they've seen so far.
 

B_bi_in_socal

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And on his first full day at work, the Dow Jones rebounded, gaining back 279 points.

Back on November 21, when Obama announced Timothy Geithner was his nominee for Treasury Secretary, the Dow Jones began a five-day rally. Five consecutive days of gains are rare even in sound economic times, and to have seen such a rally in the middle of a dismal economic crisis was almost supernatural.

I suspect that investors like what they've seen so far.


5 days of gains are not rare. I don't know where you get your information from.
 

mindseye

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5 days of gains are not rare. I don't know where you get your information from.

What do you consider 'rare'? Such an event happened only once in 2008, and only 25 times during the entire Bush administration. "Rare" is a subjective term, so maybe you're applying a more difficult standard than I am.