Market Crashes Because of Obama

Discussion in 'Politics' started by Industrialsize, Jan 26, 2011.

  1. Industrialsize

    Staff Member Moderator Gold Member

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    Remember this tired old song that the conservatives used to sing,blaming President Obama for crashing the stock market, even though he'd only been president for about two months?

    LOON WATCH FLASHBACK: Conservative media blame President Obama for Dow decline - Daily Kos TV (beta)

    Well, now, two years later, the Dow Jones has touched on 12,000 for the first time since the Bush-Republican recession.
    For those of you keeping score at home, the Dow closed at 7,949 on Bush's last day in office. That means it's gone up 50% since President Obama's inauguration. It must be his SOCIALIST policies at work.
     
  2. B_VinylBoy

    B_VinylBoy New Member

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    But Indy, they're SOOOOOOOOOOOO sure it's gonna fail! They can feel it in their bones!! The sky is falling! The sky is falling!! :biggrin:

    It's a good sign, with definite room for improvement. Until some of this growth is felt in the lower & middle classes, it's a hard sell even with the Dow as evidence.
     
  3. B_OtterJoq

    B_OtterJoq New Member

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    Thank you for helping spark the recovery, President Obama!
     
  4. B_talltpaguy

    B_talltpaguy New Member

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    This will soon be the new talking point...

    The market has managed to climb to 12,000 IN SPITE of Obama's leadership. Muslim Obama™ and the Socialist Dems™ got in the way of a better recovery. If it wasn't for their meddling driving up the cost of doing business, corporations would be able to "afford" to create millions of high paying jobs...

    This will be the next Big Lie to come to a TV or newspaper near you over the next few months. You can count on it.
     
    #4 B_talltpaguy, Jan 26, 2011
    Last edited: Jan 26, 2011
  5. cruztbone

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    the old saying goes, "if you want to live like a Republican, vote for a Democratic president". Wall street does. main street is hoping to do the same.
     
  6. MikeBD

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    I wish Obama was Muslim. Everyone has made a clear point that anyone can become president aside from Muslims. But back on point its very easy to say if republicans were in charge there would have been a better recovery just as its easy for me to say if Bush was never president Dems would have discovered unicorns and invented the perpetual motion machine.


    Edit: ahaha never mind I didnt see you were joking haha sorry its much too late here
     
    #6 MikeBD, Jan 28, 2011
    Last edited: Jan 28, 2011
  7. FRE

    FRE
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    Actually, it wouldn't bother me to have a Muslim president, depending on his (or her) qualifications. Of course, regardless of the religion of the president, qualifications are important.

    Martin Luther stated that he'd rather be led by an honest Turk (meaning Muslim) than by a dishonest Christian. I agree.
     
  8. MikeBD

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    Very few people are willing to take this stance. The argument so far has been He is a secret muslim! No he isnt! aside from C. Powell no one has said so what?
     
  9. FRE

    FRE
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    Rational people don't think that Obama is a secret Muslim, but of course, there are many irrational people around. Obviously a secret Muslim would not be acceptable as president, but a person who openly practices Islam would be another matter. It would have to be someone who understands and supports the principal of religion and state, but that is true of a president of any religion.
     
  10. maxcok

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    erm . . . re: this whole mooslim tangent, I'm pretty sure MikeBD was being facetious.








    In related news, the Dow tanked 166 pts. today. I'm sure it's because Obama nominated a fag to sit on the Federal bench. I don't believe the riots in Egypt had anything to do with it.
     
    #10 maxcok, Jan 29, 2011
    Last edited: Jan 29, 2011
  11. Joll

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    Lol Max - was just gonna say, will Obama having a Muslim background give him extra leverage or a bit of extra credibility in terms of commenting on the uprisings in the Arab world, currently?
     
  12. faceking

    faceking Well-Known Member

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    most smart ANYBODY doesn't blame/reward a president on the stock market. feel free to lump the whole lot regardless. Clinton got the dot.com, and the beg of the bomb. Bush got 9/11, then the rebirth (highest DJIA ever)... comes and goes. and frankly, if there is any there-there.... the market likes a split in parties.... they saw this coming last summer and priced it in.

    [edit: I've posted over the years on presidencies and stock markets... http://www.lpsg.org/153593-dow-closes-above-10-000-a-2.html#post2381510
    that one pointing out Bush can't lay claim to the 90% improvement in the market he "led".]

    the housing/credit market crashed dumped the stock market, no GOP, Halliburton, Iraq, blah blah...and techincally there was no "crash"
     
    #12 faceking, Jan 29, 2011
    Last edited: Jan 29, 2011
  13. faceking

    faceking Well-Known Member

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    rolleyes.... recovery of and from what???.... the stimulus of Jan , unemployment, the dollar.... specificity and expected timing thereof please.

    besides..... a recovered stock market in this climate goes into the hands of wealthy institutions, the same ones your LPSG brethren reek banal havoc upon... the stock market could go to 15,000 next week...and we'll still be asking for umemployment extensions.
     
  14. dandelion

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    curious that someone suggests a secret muslim would be ineligible to be president. Would that logice extend to Tony Blair, who now admits to having been a secret catholic, should have been ineligible to be british prime minister?

    Though he has also said his religious convictions led to him suporting a certain war....
     
  15. B_OtterJoq

    B_OtterJoq New Member

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    Seriously? You really haven't read a newspaper, newsmagazine, or caught a broadcast news program in a while, have you?

    BTW...show those vids to your minister yet?
     
  16. B_OtterJoq

    B_OtterJoq New Member

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    Uhhh...do what now? :confused::confused::confused:
     
  17. maxcok

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    ^ And continuing from that point . . . .

    etc., etc., . . . . . :confused13:

    Seriously Face, what is wrong with your brain? Is it drugs, organic damage, what??
     
  18. maxcok

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    ^ Finally, the mystery revealed here.
     
  19. B_OtterJoq

    B_OtterJoq New Member

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    "Now that right there's funny, I don't care who y'are!" -- Larry, the Cable Guy.
     
  20. helgaleena

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