Markets See obama The Radical

We told you idiots not to vote for this incompetent liberal with no experience, but you all saw him as your "HopenChange" god. Well LMFAO!

What a joke you people are. Now get your head out of your asses and impeach!

http://online.wsj.com/article/SB123629969453946717.html

"The illusion that Barack Obama will lead from the economic center has quickly come to an end. Instead of combining the best policies of past Democratic presidents -- John Kennedy on taxes, Bill Clinton on welfare reform and a balanced budget, for instance -- President Obama is returning to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense drawdown.

Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs."

http://hotair.com/archives/2009/03/07/markets-see-obama-the-radical/

Markets look forward, not to the present or past. Investors in any sort of market attempt to predict the future, determining where to put their money. They choose industries, companies, and aggregations based on where (and whether) they expect growth.

Thats what makes this Obamas bear market. Investors have seen what Boskin sees, and theyre pulling out. They dont see anywhere in the near or long term that looks promising for growth. It doesnt help when Obama himself offers investment advice by referring to profits and earning ratios, since profits and earnings are the exact same thing and stock investors look at price-to-earnings ratios (P/E ratios). It also doesnt help when Obama promises a clear recovery plan to investors and his Treasury Secretary — the uniquely qualified indispensable Cabinet appointee — shows up empty-handed.

Wall Street sees rampant incompetence at the top and has given Obama a vote of no confidence.

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[Craig805]

Classic Obamaism @ 1:55: "profit and earnings ratios"

That's not what P/E stands for.

If only Jon Stewart had the balls to treat all politicians equally...

[DrMu5tCh3at2W1n]

He is a weak president. Nothing has change. I mean that in a both positive and negative way. (I'm liberal) Economy hasn't gotten worst and hasn't gotten better. I'm all about money and jobs. Bushes and Reagan didn't do much good to the deficit. Clinton was the only one to do something. This asshole has no balls. Al Gore is a quitter.

[mbjl1758]

dow - 9000! Obama's bull market rocks! I just made 20K in 5 days. HOLLA!

[aboutpar]

your not the only one who wishes that your dad had used a better brand of condom

[mrbadx19]

obama doesn't have a clue, he never had a payroll or budget to meet. his resume is as thin as my daddy's condom!

bring back TOTUS!

[indn178]

Obama has no idea what he's talking about!

[amallthia]

You are a joke! Impeach? Barack Obama? LOL!!! I can't believe you post with a straight face, I'm laughing my ass off at you. Where have you been the last 8 years? Stuck up racist Chimpy's ass? Impeach cuz he's liberal - LMAO. Right, doesn't matter how many people the Shrub blew to bits does it, just as long as greedy fucks like you get yours. Here's hoping you and your ilk drop off the face of the earth for good! Fucking ignorant loser.

[danimal9579]

A European says what BO is doing is momentus....figures.

[apsert]

Can anyone feel the hand up his ass?

[smileytrucker]

did i just hear...... globalized banking plan?????