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Updated 1/18/2009 7:29:44 AM
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Name:   MartiniMan - Email Member
Subject:   A perfect example for Obama
Date:   3/30/2009 4:05:45 PM

Today is a perfect example of how the President can impact stock prices by what he says in the short run. We are down over 250 points simply based on what he said about the GM and Chrysler plans. I am not debating the merits of what he said, I am simply pointing out that words have meaning and the markets do react rather strongly to a perception of the future based on what the President says.

I also maintain that what he does along with Congress will impact the markets in the long also. On that front I am likewise not encouraged. I have some cash on the sidelines that I considered deploying but after the budget proposal I have decided to stay on the sidelines with regard to the stock market anyway. Maybe precious metals or currencies (betting against the dollar unfortunately) is the way to go.



Name:   water_watcher - Email Member
Subject:   A perfect example for Obama
Date:   3/31/2009 6:32:19 AM

I know ... someone needs to tell that guy to just keep his mouth shut and let things turn around. For someone that had "hope" as his motto in the the campaign, he certainly does all he can to destroy hope that things are getting better when it looks like they are.

It has to be that he does not want the economy to turn yet so he can push more of his agenda.

I have to see it is good to see both democrats and republicans standing up and calling all this spending and shift to socialism and starting to develop the turn around plans for US businesses, is complete insanity.

Obama wants to force GM to build cars that the majority of people do not want to buy. A talking head from his administration was asked that question recently and said if gas prices move up to $5 - $7 a gallon people will want to buy them. Then the question was will Obama implement a $2 - $3 gas tax to fund the GM bail out and move people to buy electric cars. The guy responded that higher gas prices are definitely the key to people buying electric vehicles.

Get ready ... we know what is coming. Gee does higher gas prices hurt lower or higher income people more?




Name:   MartiniMan - Email Member
Subject:   A perfect example for Obama
Date:   3/31/2009 8:38:44 AM

I heard an interview with Dick Morris that was not encouraging. He is of the opinion that Obama would trade a second term for getting his socialist agenda implemented. I am not so sure and I pray he is wrong.

It is ironic that we have a democratic socialist like Merkel telling Obama he is nuts for his spending plans. How bizarre is that? We are now being told by socialists that they have been there, done that, and its a mistake.



Name:   Old Diver - Email Member
Subject:   A perfect example for Obama
Date:   3/31/2009 5:13:35 PM

Remember a paperhanger named Shickelgruber(sp) was duly elected and he rapidly began taking over everything. No one opposed him until it was too late.
When the old commies tried to take over a country they took over the banks, the media, the courts,the military and businesses. Then it was too late to protest. They were only good at overthrowing a country. Once in power it was down hill from there. Ihey couldn't even feed themselves.
That bunch in the White House knows less about running a business than a pig knows about God,s plan of salvation. If BO doesn't cause a depression I will be supprised.









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