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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: greenspirit who wrote (105522)	3/5/2009 4:58:53 PM
From: KonKilo	Read Replies (2) \| Respond to of 540882

I think you would be hard pressed to come up with Economic policies that hit the stock market as negatively as the Obama administration has done... You're right, we'd have to search all the way back to... <wait for it> the GWB Admin! Under which the DOW lost half of its value. That was tough.

To: greenspirit who wrote (105522)	3/5/2009 7:12:46 PM
From: Sam	Read Replies (3) \| Respond to of 540882

so the news out of eastern europe--and the central and western european banks that lent them money--is Obama's doing. And the deceleration of growth in China, India, Taiwan, Malaysia,, Singapore, the mideastern countries, and the third world generally is due to Obama. The near bankruptcy of GM and the domino effect to its suppliers, not to mention F and Chrysler--that is all due to Obama's bailout plan. The credit crunch isn't due to banks not being adequately reserved, consumers in debt to their eyeballs, and businesses not having any visibility for the next year about a rebound in demand--no, it is due to Obama's economic policies, just announced and not even implemented yet. Doesn't have anything to do with the Bush policies and lack of regulation of the past 8 years. Or with banks and insurance companies going for the "easy" money made possible by the magic of always increasing real estate. Or the destruction of this country's balance sheet since 2002, which before then had been recovering. No, it's all on Obama. You are like a genius, Michael. I do think you ought to submit your thesis to the NYT and the WSJ, not to mention academic journals and even the administration itself. They will be delighted to finally know the truth about why Wall Street is crumbling and Main Street frozen.

To: greenspirit who wrote (105522)	3/5/2009 9:41:04 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 540882

I think you would be hard pressed to come up with Economic policies that hit the stock market as negatively as the Obama administration has done With some it doesn't matter what Obama does - it will be hated. Sad. Today the rumor was that the market was drifting lower because China didn't put forth a Stimulus Plan! What? Yesterday it was Obama's stimulus plan that was causing the drift down now it's China's fault for not having one? Which way do you guys want to have it? steve