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I have to say that being in the "it's not my fault" position will have its benefits over the next 4 years.
No need to defend anyone; it's all the other guy's fault when scat hits the fan!![]()
I wonder how long the Democrats will continue to blame Bush for everything that goes wrong in the Obama administration? I put the over/under at 30 months.
Or we could just cut out the middleman and continue to blame Clinton, I guess.
I have to say that being in the "it's not my fault" position will have its benefits over the next 4 years.
No need to defend anyone; it's all the other guy's fault when scat hits the fan!![]()
I wonder how long the Democrats will continue to blame Bush for everything that goes wrong in the Obama administration? I put the over/under at 30 months.
The budget deficit for Obama's first year in office will be $1.5T.
Stunning.
I wonder how long the Democrats will continue to blame Bush for everything that goes wrong in the Obama administration? I put the over/under at 30 months.
DJIA only down 256 so far today. Great news!!
DJIA only down 256 so far today. Great news!!
Those tend to happen when you are in the beginning stages of a deep economic and financial recession.
It's profit taking from the surge the Dow Jones had on Tuesday.
Oh, this is fun. -326 and falling!
Huh. I didn't realize Obama was sworn in as soon as he was elected.
Oh, this is fun. -326 and falling!
Funny, I never saw you blame Bush in the last couple of months when the dow would drop over twice as much. Many many days of big drops and not one post by you about how that is Bush's fault. Hmmmm
That was because of the Fannie/Freddie mess, and I posted plenty of videos of DEMOCRATS disregarding the regulators sounding the alarm bells. I also didn't see anyone patting Bush on the back when the DJIA was over 14k last year.
Regardless, the market is reacting to the election right now. If you don't like this fact, I suggest you disregard this thread.
Or it could be reacting to the fact the economy is getting worse, the fact the GM (who is reporting earnings tomorow) is going to need a government loan (along with the other big three) just to stay in business, or the fact that the Jobless rate is going to be highest its been in ten years. But hey, I am sure that Obama caused all of this.
Forgot to add that our industrial production has the biggest percentage decrease this year than in almost 40 years.
Obama has been in the Senate for four years and has been a part of a majority in both sides of Congress for 2 years. Has he been saving his plans until things got REALLY bad?
"There is no challenge we can't meet." Lots of promises, let's call Congress into session NOW and get on some answers before we are all out of jobs.
"The market has really gotten ahead of itself, and falsely priced in that this recession wasn't going to be as prolonged as thought," said Ryan Larson, head of equity trading at Voyageur Asset Management, a subsidiary of RBC Dain Rauscher. "Regardless of who won the White House, these problems are not going away.
"We're in a really bad recession, period," he added. "People are locking in profits and realizing we're not out of the woods."
Not surprising that he's jumping all over this news as a chance to bash Obama as some sort of "I told you so" - as if John McCain winning would have had any different effect, with almost 70% of voters saying they trusted Obama on the economy more than they trusted McCain.
-Pop