| Name: |
water_watcher
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| Subject: |
Obama Speaks, Markets fall
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Date:
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4/30/2009 1:30:14 PM
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While the rest of the worlds stock markets rallied over night, the US market is down today. Why, Obama continues to scare wall street and investors with his socialist policy of nationalizing banks and auto companies. What will be next? This is beyond dangerous. And for him to stand there and say I do not want to run these businesses, but it is the only choice is a bunch of bull. It fits right in with his socialist agenda. Even through the great depression there was not any nationalization of business. Yet now it is the ONLY option.
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| Name: |
MartiniMan
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| Subject: |
Chrysler is an Obama Failure
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Date:
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4/30/2009 1:44:10 PM
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Chrysler, despite government money and the best efforts of the administration is going into bankruptcy. Obama can blame whoever he wants but this is his failure and his alone. How much will it cost and how long before GM goes in the toilet is the next question. But having it run by the government and the union is a recipe for sure disaster. If you doubt me, go buy a Jaguar built when the British government owned the company but have a tow truck at the ready.
If this weren't so disastrous for the country I would actually enjoy watching him completely screw things up. All the while we watch as unemployment rises to 10%, the economy shrinks, etc. Not surprising that the sycophants in the media didn't ask one tough question.
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| Name: |
water_watcher
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| Subject: |
The media did ask
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Date:
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4/30/2009 1:53:07 PM
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on tough question last night ... what was his most enchanting momment since becoming president. He is destroying the country, job losses are growing and the media wants to know what was his most enchanting momment. What a joke.
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| Name: |
Talullahhound
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| Subject: |
Stock Markets are Up
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Date:
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4/30/2009 3:53:44 PM
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and they were up when they opened this morning. Guess that blows your theory.
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| Name: |
Council Roc Doc
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| Subject: |
Stock Markets are Up
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Date:
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4/30/2009 3:57:52 PM
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Todays rally, like Obozo's approval ratings, has evaporated.
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| Name: |
water_watcher
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| Subject: |
Stock Markets are Up
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Date:
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4/30/2009 4:12:31 PM
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They finished down ... guess that bursts your bubble ! :)
Yes they openned up, as the rest of the world was up big ... but as the Obama machine starts spinning the socialist web, we lost all the gains for the day and then some.
I believe the markets will recover ... even though they still have not gotten back to the level when BO was elected. All projections are that the recession ended this month. But Obama can not take credit for that since his big spending has not even started ... it was all the federal reserve policy. Same thing that has pulled us out of every other recession. Tried and true.
Actually I firmly believe Obama does not want the recession to end (yet), it blows his agenda to take advantage of a good crisis to get his socialist agenda implemented. Although he does have a rubber stamp congress led by Nancy Pelosi and Harry Reid.
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| Name: |
MartiniMan
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| Subject: |
Wrong again
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Date:
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5/1/2009 9:29:12 AM
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Hound: Amazing that you actually tried to rely on the stock market to bolster the Messiah. You have rightly been skeptical when people try to draw political conclusions based on stock market permutations.
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| Name: |
MartiniMan
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| Subject: |
By the way
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Date:
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5/1/2009 9:51:12 AM
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I actually think the hedge funds did a huge favor to Chrysler. Now only GM will be owned by the unions and the government.
Another of my predictions: after years of pumping billions into a money losing GM as they spew out crappy cars that no one wants to buy (destroying one of the greatest dealer networks in the country along the way) what is left of GM will be sold at fire sale prices to a domestic or foreign purchaser. The Messiah will blame greedy management......wait, that would be him and the unions.....he'll blame it on a low level staffer in charge of the auto industry.......
Keep track of this one Hound........
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| Name: |
Pontoonfisher
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| Subject: |
Obama Speaks, Markets fall
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Date:
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5/1/2009 11:59:15 AM
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I applaude the hedge funds for standing there ground. It's about time someone did what they should do. Chrysler makes a poor product and deserves to suffer the consequences.
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| Name: |
widgethater
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| Subject: |
By the way
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Date:
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5/1/2009 11:59:16 AM
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MM-What about the 55% ownership of chrysler by the union VEBA trust fund?
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I was of the opinion that the UAW union was as responsible as poor management was for the failure of the auto industry. Giving the UAW a majority stake in Chrysler doesn't quite make sense to me. Aren't they more interested in the worker, pensions and benefits rather than the product? They will probably be in it only for the short term.
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| Name: |
MartiniMan
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| Subject: |
By the way
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Date:
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5/1/2009 12:46:50 PM
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I think that was the intent under the Obama plan but the hedge funds rejected it so they went Ch 11.
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| Name: |
Talullahhound
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| Subject: |
Obama's in Office
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Date:
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5/2/2009 10:07:37 PM
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my Thrift Savings have gone up again. I had lost $50K, now I've only lost $35K. What can it mean?
Not a darn thing. The market fluctuates whether he speaks or not, whether he is President or not. The market fluctuates on a Swine Flu scare.
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