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September 9, 2011 in Campaign 2008, Campaign 2010, Campaign 2012, Capitalism, Economy, patriotism, Politics, Uncategorized | Tags: Barack Obama, DJIA, Dow Jones, economic uncertainty | Leave a comment
Can we get him to stop talking…………………….
August 18, 2011 in Campaign 2008, Campaign 2010, Campaign 2012, Capitalism, Economy, Politics, socialism, Uncategorized | Tags: Barack Obama, Debt crisis, DJIA, Dow Jones, gold, stock market | Leave a comment
Again, that kind of says it all !!
August 4, 2011 in Campaign 2008, Campaign 2010, Campaign 2012, Capitalism, Economy, Family values, Politics, socialism, Uncategorized | Tags: Barack Obama, DJIA, gold, Jimmy Carter, Jimmy Carter 2.0, NASDAQ, NYSE, S&P | Leave a comment
The Dow Jones industrial average plunged more than 300 points and erased its gains for the year as investors grew more concerned about economic weakness in the U.S. and Europe.
The Standard & Poor’s 500 index fell more than 3 percent, bringing it 10 percent below its recent high of 1,363 reached on April 29. A decline of 10 percent is considered to be a market correction. The Dow Jones industrial average is now down more than 1,100 points from July 21.
Oil fell 4 percent to $88 a barrel on worries demand will fall because of the slowing economy. Oil had traded over $100 as recently as June 9.
“We are continuing to be bombarded by worries about the global economy,” said Bill Stone, chief investment strategist at PNC Financial.
If the market closes “down” again today, it will mark the ninth straight day of losses, which has not occurred on the markets since February 1978.
CAN WE SAY ” JIMMY CARTER 2.0″ !!??
With the prospect of higher unemployment hanging over the markets, some experts expect a correction. So are they right? Michael Cuggino, president and portfolio manager at Permanent Portfolio Funds, and John Lekas, CEO and portfolio manager at Leader Capital, shared their insights.
“I think we go below the double dip,” Lekas told CNBC. “By year-end, we drop below 6,300 on the Dow and by 2011, we’re at 4,200.”
For full post: http://www.cnbc.com/id/33179408#
March 6, 2009 in Campaign 2008, Campaign 2010, Campaign 2012, Capitalism, Economy, Family values, Politics, socialism, Terrorism, Uncategorized | Tags: DJIA, Dow Jones, Obama birth certificate, Pres. Barack Obama, Secreatry of State Hillary Clinton, Treasury Secretary Timothy Geithner | 2 comments
On ‘The Factor’ last night, Bill O’Reilly presented poll numbers that concluded the public is indeed confident in Obama, but the markets are polling quite differently. Neil Cavuto was on for analysis and he indicated that the markets have always been a sort of bellwether to the mood of the country and confidence in the government’s policies. They always seem to be several months ahead of the public, and rightfully so. Marketeers are in the business of forecasting the future, whereas the public polls how they feel at any particular moment. Right now, the country is still drunk with ‘Hope/Change’ and the excitement of electing the first African-American president. The markets? Not happy at all.
Treasury Secretary Timothy Geithner has been an enormous disappointment, floundering around with no palatable solution to the financial crisis or for his staff for that matter. Geithner announces a $2 trillion TARP program and the markets hurl. Then Obama pushes for, gets and signs The Porkulus, releases his historically bloated budget, launches a foreclosure bailout, and now Congress is moving through an Omnibus spending bill with 9,000 porky earmarks garnering disgust from the GOP (expected), but also [GASP!] the media? The Dow has plunged nearly 2,000 points since ‘The One’ has taken office, running for cover any time the administration has made a move.
It seems Obama is more concerned with hanging out with celebrities and getting his far left agenda implemented while he’s super popular, then focusing his attention on the crisis at hand. The markets get this and have voted with a sell off, destroying wealth and the retirement funds of many. Could Dow 5,000 be far behind?
I never thought Obama would have me wishing for Bubba Clinton. Mon Dieu!
March 5, 2009 in Campaign 2008, Campaign 2010, Campaign 2012, Capitalism, Economy, Family values, Politics, socialism, Terrorism, Uncategorized | Tags: Citigroup, DJIA, dollar value, Dow Jones, Obama birth certificate, Pres. Barack Obama, Pres. George W. Bush | 1 comment
More Than CitiGroup!!
Since November 4th, the DOW has lost more than 3000 pts.
As “Interested Bystander” has pointed out, the rhetoric of pointing the finger
at George W. Bush no longer holds water…..
this is, plain and simple, the reaction to the Socialistic agenda
of President Barack H. Obama
March 2, 2009 in Campaign 2008, Campaign 2010, Campaign 2012, Capitalism, Economy, Family values, Politics, socialism, Terrorism, Uncategorized | Tags: Ann Coulter, DJIA, Dow Jones, FOXNews, Larry Sinclair, Obama birth certificate, Pres. Barack Obama, Rick Santelli, Rush Limbaugh, Wall Street | Leave a comment
AIG loses ANOTHER $60 BILLION DOLLARS and we are going to infuse MORE funds!! The DOW Futures are down more than 100 points, so the market will likely open with a drop below the 7000 mark. And Warren Buffet says that the values are going to go lowere, so it will be a great time for him to look for bargains.
With such skepticism, one can only wonder if this first Monday of March will be as brutal on Wall Street as the first Sunday’s weather was, dumping snow from Alabama and Tennessee, stright up the coast into New England, in huge amounts.
February 24, 2009 in Campaign 2008, Campaign 2010, Campaign 2012, Capitalism, Economy, Family values, Politics, socialism, Terrorism, Uncategorized | Tags: DJIA, Dow Jones futures, Dow Jones Industrials, fully accountable, Michelle Obama, Obama birth certificate, President Barack Obama | 8 comments
From the moment President Obama siad “My Fellow Americans”, the Dow Jones Futures began an up and down travel throughout his speech.
Through announcements of attacks on Wall Street, the ideas that corporations will now be taxed heavier, hints at capital gains tax changes, the market reacted heavily.
Dealing with Barack Obama’s success or failures, we are hit with a double-edged sword: If Obama fails, we all lose and fail and if Obama succeeds, we lose our Nation as we know it, as we will officially be the United Socialists States.