[quote=arraya][quote=Butleroftwo][quote=gandalf]Obama’s speech was quite good.
I don’t care what the market does. It’s not the President’s job to prop up the DJIA. That’s what BUSINESS is supposed to do. The irony. LMAO.
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The stock market is half of what it was when the lame duck gave up to the Democrats. These morons have done nothing with their power except put fear into the markets. You should care what the markets do. They fuel capitalism, economic growth, stability, research and everything else that is good.
If you are going to promote Obama every time he is in trouble then we will be seeing gandalf a lot.
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Nonsense, Obama is continuing the same stupid and counterproductive means of restarting the economy as the old president. It’s the Fed plan. He is just at latter stage of a doomed to fail plan.
The only difference is Obama has committed about 8% of the total money the taxpayers are on the hook for to material pimp-my-country projects that are only temporary and won’t put a dent in unemployment. Still the main pretext is to get credit pumping again and propping up an unsustainable model.
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Arraya, the economic “advisors” that Obama has surrounded himself with are not stupid people. They must see where this course of action will ultimately lead us.
At a deep level, I have a growing and nagging suspicion that the global economy is being intentionally crashed. Why, I’m not sure. But what Obama is doing simply makes no sense whatsoever. Not even for a Democrat 😉