I'm sitting here listening to Cramer for the first time in months and here he is blaming the current President for the state of the stock market. I'm switching him off and hope I never ever get the morbid urge to listen to this idiot again.
I'm sitting here listening to Cramer for the first time in months and here he is blaming the current President for the state of the stock market. I'm switiching him off and hope I never ever get the morbid urge to listen to this idiot again.
"P.S. Obama is doing what he said he would do. The shock, outrage and despair seem a little silly. What were they expecting? Him NOT to do those things? Where is the surprise? Maybe they were hoping he would take a long time to get around to them."
Isn't this amazing. A politician actually doing what he said he would do. That is a real shocker to some I guess.
You seemed a little lonely on this thread, so I thought I'd drop by and offer a bigI agree with Cramer (on this issue at least) There is nothing our president is doing that should inspire confidence in the market. He picked a treasury secretary that failed miserably at his job of supervising the banks under his watch. He supported the lamest attempt at a "stimulus" bill I've ever seen. Now when we need to inspire hard work and innovation among our financially most productive citizens he wants them to pay even more to support more social programs. Gosh, I just can't figure out what the market doesn't like.
While I'm not happy with what he's doing (disgusted actually) I am at least happy he's doing it before he comes up for re-election.
November 2010 elections are going to be a bloodbath for his minions in congress (you heard it here first)
November 2010 elections are going to be a bloodbath for his minions in congress (you heard it here first)
I agree with Cramer (on this issue at least) There is nothing our president is doing that should inspire confidence in the market. He picked a treasury secretary that failed miserably at his job of supervising the banks under his watch. He supported the lamest attempt at a "stimulus" bill I've ever seen. Now when we need to inspire hard work and innovation among our financially most productive citizens he wants them to pay even more to support more social programs. Gosh, I just can't figure out what the market doesn't like.
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Me too!I agree with Cramer (on this issue at least) There is nothing our president is doing that should inspire confidence in the market. He picked a treasury secretary that failed miserably at his job of supervising the banks under his watch. He supported the lamest attempt at a "stimulus" bill I've ever seen. Now when we need to inspire hard work and innovation among our financially most productive citizens he wants them to pay even more to support more social programs. Gosh, I just can't figure out what the market doesn't like.
While I'm not happy with what he's doing (disgusted actually) I am at least happy he's doing it before he comes up for re-election.
November 2010 elections are going to be a bloodbath for his minions in congress (you heard it here first)
We still have the "invisible hand." The government can think it's "guiding" but the "invisible hand" has more power than the government.If the government is "guiding" the "invisible hand" - do we still have an "invisible hand"?
It would be interesting to have a thread tracking our members' various predictions (financial, political, sports, etc) so we can later go back and make fun of them. Of course, maybe we'll find the next Nostrodamus.
I agree with Cramer (on this issue at least) There is nothing our president is doing that should inspire confidence in the market. He picked a treasury secretary that failed miserably at his job of supervising the banks under his watch. He supported the lamest attempt at a "stimulus" bill I've ever seen. Now when we need to inspire hard work and innovation among our financially most productive citizens he wants them to pay even more to support more social programs. Gosh, I just can't figure out what the market doesn't like.
While I'm not happy with what he's doing (disgusted actually) I am at least happy he's doing it before he comes up for re-election.
November 2010 elections are going to be a bloodbath for his minions in congress (you heard it here first)
Thanks for saying what I suspect lots are starting to think, and I certainly hope your prediction is on the money as I sit here and watch what's left of my 401K go down the drain.
I'm sitting here listening to Cramer for the first time in months and here he is blaming the current President for the state of the stock market. I'm switching him off and hope I never ever get the morbid urge to listen to this idiot again.
November 2010 elections are going to be a bloodbath for his minions in congress (you heard it here first)
So I guess your 401k was doing just great before Obama took office, huh?
I had a lot more money up until it became obvious Obama was going to win big and drag in lots of dems with him. That's when the sell off got in gear. Puny Paulson really started the slide by letting Lehman fail instead of brokering a $1 sale to someone. I can't help but think that was revenge for some old score.So I guess your 401k was doing just great before Obama took office, huh?
I agree with Cramer (on this issue at least) There is nothing our president is doing that should inspire confidence in the market. He picked a treasury secretary that failed miserably at his job of supervising the banks under his watch. He supported the lamest attempt at a "stimulus" bill I've ever seen. Now when we need to inspire hard work and innovation among our financially most productive citizens he wants them to pay even more to support more social programs. Gosh, I just can't figure out what the market doesn't like.
While I'm not happy with what he's doing (disgusted actually) I am at least happy he's doing it before he comes up for re-election.
November 2010 elections are going to be a bloodbath for his minions in congress (you heard it here first)