New York – Stocks declined Thursday, pressured by doubts about whether General Motors can survive and as Citigroup broke below $1.
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The Dow Jones Industrial Average dropped nearly 300 points, erasing all of the index’s gains from the previous session’s rally — and then some.
So Mr. Obama, now is the BEST time to invest, ha?
you’r full of it! emor m’at v’asay harbah!!!
This market is behaving very well – it is rejecting socialism. It’s rejecting higher taxes on energy. It’s rejecting socialism. It’s rejecting the daily attacks on the businesses that want to create jobs. It’s rejecting the transfer of wealth. It’s rejecting class warfare. Shall I continue?
But if you dare question them, you will be attacked from Rahm and company.
Presdident Obama, you’re running out of people to blame and attack. The jig is up. You are acting exactly like we predicted you will. I hope your policies fail.
It’s not going to hit zero. It’ll probably stabilize between 5,000-6,000. At that point it’s got nowhere up to go but up, so that would be a huge buying opportunity for new investors. Although it will take many years to get back to 14,000, EVEN if a person invests at 5 or 6000 and in a couple of years it gets to 8,000 that’s already a 33% return on the investment
let’s devalue the dollar to 50 cents so the market will be at 12k right away
Every time Obama opens his mouth the market plunges even further. Did he speak today?
obama is going to bankrupt this country with his spending policies. He does not plan on balancing the budget anytime before 2019 its absolutely absurd
They used to say when Time magazine had a picture of a bear on it, the end of the bear market was there. Perhaps Vosizneais is the new contrary indicator. The economy is far from bottoming, but who knows, maybe your when will dow hit zero headline, will be the bottom for the stock market.
I love the way Rush Limbaugh started his show today..
“The Obama daily tracking poll is down another 300 points”…
The market hates obamas socialist policies..
And yes! Bush was not better towards the end of his 2nd term, when he started pouring $$$ into the auto industry.
They should’ve let the auto companies go bankrupt, and get rid of the stupid unions!! They are bankrupting america..
Can you imagine if Bush was the president now?
How the media would pound him day after day for the tumbling market!!
Now with Obama.. Its everybody’s fault but his..
Hey Mr. President, your day of reckoning has arrived! Your policies are a failure!! The market wants your policies to fail!
our advice to you is, don’t invest in the stock market, don’t buy a new house-car…..because if you noticed every single time obama made a speech, something in the economy happened….and he thinks he knows what’s in the future…..ha…..he is trying to play over Hashem…..and we must say that Baruch Hashem we know who is in charge……and Hashem is trying to teach us who is really in charge…..we can tell you this, we definately know whose in charge…..so my family to yours, we just have to remind you of who is really in charge…..Hashem controlls the world, not some president who is trying to outwit Hashem…..remember that Moshiach is due any minute to take us out of this long galus…..now let’s put our Emunah in Hashem, and I guarantee you will see Brachos…..and no, we don’t mean Brachos with the economy, we mean Hashem will help us in other ways, meaning to say more Shidduchim will be brought together, more children in the Olam, ect……so remember my sisters and brothers, remember who Truly runs the world……
Why should people want to make money if the osama obama is going to tax them to death with his tax & spend liberal policies? They are getting out of the market and taking a beating. Obama is Makas Choy’shech all over again!
#21 ,
Really? was it bush that said he will bankrupt the coal industry? high level taxes on all energy, carbon offsets etc..
Bush’s bailout was gornisht compared to obama’s trillions!
Who created fannie mae, freddy mac and AIG mess ? the demoncrats!!
Production will move overseas to avoid carbon taxes and business taxes etc,.. etc.. you dont get it do you ?
People move here to live FREE. not to be taxed!!!
Same with the firearms industry, it will move to rouge states that will benefit.
Bush succesfully kept the finances steady. When there were temors of a possible slowdown, he gave a stimulus rebate, and succesfully kept the situation afloat, even as the Democrats were screaming that we can’t afford the cuts.
Bush kept the people positive, and had the vision of where we were headed. The Bush administration tried to curtail many of the lending practices and bank deregulation of the Clinton era, but was rebuffed by Congress. While Bush may not have been siccesful, he at least had respect for the American people, and didn’t shove his agenda down their throat.