Off-Topic: I have no doubt

Bankhead Lake Topics

(Bankhead Lake Specific)

3 messages

Updated 2/8/2012 8:19:41 PM

Off-Topic

Lakes Online Forum

83,635 messages

Updated 5/25/2024 7:08:03 AM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Bankhead Lake Fishing

(Bankhead Lake Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,260 messages

Updated 3/24/2024 9:24:45 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	water_watcher -
	Subject:	I have no doubt
	Date:	11/21/2008 10:11:40 AM

I actually agree with that on the economy. I will say that typically when the economy is bad and there is a presidential election with a change in power .... history shows the stock market rallies on the hope of new programs that will stimulate the economy. This is going down in history as the worst post election decline of the stock market on record. Yes I do think it is related to Obama because he never put any clear programs of his "change" on the table and everything he talked about including raising taxes, increasing the capital gains tax, more social spending, anti oil drilling, anti coal, anti neuclear .... all does not sit well with investors. Additionally all are not things that would stimulate the economy.

He needs to go on record and fast, that he is putting this on hold until the economy is back on solid ground. If he did I think you would see the markets turn around and fast.

If anyone does not think a falling stock market does not impact the average person on the street they are grossly mistaken.