As Dow Continues to Fall… Obama Is Running Out of People To Blame…
First it was IBD with a must read editorial, now it is WSJ. Everyone except the staunchest Obamatons admit the obvious, Obama is BAD for the economy, and what is bad for the economy is bad for America… WSJ As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed [...]
Great News! Dow hits 6 year low, S&P Financials Index Hits 14 Year Low…
Who needs gauges of market performance in a socialist state anyway? Investors are “afraid the government’s going to wipe out everybody that’s got an interest,” Schutz said. “Nobody knows what the rule book is. In the meantime, the stocks are getting destroyed.” Mendon manages $150 million in financial stocks, including the two best-performing bank-stock mutual [...]
Awesome News! As Obama Signs Biggest Pork Bill EVER, Markets Hit Record Lows…
This is what happens when people who have an entitlement mentality choose someone who has no experience in creating economic growth as the leader of the nation… CNBC Stocks tumbled to November levels Tuesday as investors faced a fresh sign of the deepening recession and dilution worries gnawed at bank stocks. The Dow Jones Industrial [...]
Why Bailouts are a waste of time and Taxpaer $$$ or CITI Shares Go Down 10%+ in one day…
How much money did Bush pump into the financial services sector in the last few months?Anywhere from 500 billion to over a trillion, yet Citi’s decline continues. This is why the invisible hand of market forces and not chucking aside free market principles is the proper way to revitalize the economy. WSJ After a tentative [...]
