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  1. #1
    Join Date
    Jun 2002
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    Dacula, GA
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    12,551

    Dow has dropped 2048 pts since Nov4th or 21%

    On average you would have lost $21. for every $100 you had in the stock market since Obama has been elected. The dow already dropped a lot on the gamble that he might win and when he did win folks are still bailing out big time and who can blame them.

    Private ownership doesn't fair well in a socialist economy and we certainly are going deeper in that ruinous direction thanks to the Obama getting elected and the socialist Democrats getting more control in Congress. It looks like all down here for some time regardless of what some say with false hope of better times.
    "I could have ended the war in a month. I could have made North Vietnam look like a mud puddle."
    "I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them. It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution."
    Barry Goldwater

  2. #2
    Join Date
    Jun 2008
    Location
    South,Tx
    Posts
    331

    did the stock market do this when all other previous Presidents ?

    Just curiosity as to the previous Presidents ?
    Matt 7:12 The Golden Rule
    "Do for others what you would like them to do for you. This summary of all is taught in the law and the prophets.

  3. #3
    Join Date
    Sep 2008
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    Western PA
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    Quote Originally Posted by derbysr View Post
    Just curiosity as to the previous Presidents ?
    No. This is unprecedented.

  4. #4
    Join Date
    Oct 2003
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    34.8n 102.4w
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    So the drop in the stock market is his fault too..???
    The whole global economy rest in the hands of the USA president... ??


    If you are dependent on any government entity for your existence....I truly pity you.....

    If you wish to blame others for the way life treats you..... I got nothing for ya...
    Life goes on long after the thrill of living is gone.

  5. #5
    Join Date
    Jan 2005
    Location
    USA
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    1,449
    Quote Originally Posted by sline-dawg View Post
    If you are dependent on any government entity for your existence....I truly pity you.....

    If you wish to blame others for the way life treats you..... I got nothing for ya...
    No words could be more true. The unforunate thing is the staggering number of people whos existance is totally dependant on the govt, and they blame us who work for our survival for their shortcomings. This country was and is built by the American dream and unfortunately a lot of Americans do not know what that really is.
    "It's always controls"

  6. #6
    Join Date
    Jun 2002
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    Dacula, GA
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    12,551
    Quote Originally Posted by jpsmith1cm View Post
    No. This is unprecedented.
    For the same period Nov 4 to Nov 20 here are the stats from the past.

    72 Nixon +8,33%

    76 Carter -0.86%

    80 Regan +4.9%

    88 BushI -4.7%

    92 Clinton + 0.6%

    2000 W Bush -1.1%

    2008 Obama -21%
    "I could have ended the war in a month. I could have made North Vietnam look like a mud puddle."
    "I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them. It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution."
    Barry Goldwater

  7. #7
    Join Date
    Nov 2005
    Posts
    919
    Quote Originally Posted by glennac View Post
    On average you would have lost $21. for every $100 you had in the stock market since Obama has been elected.
    And you are claiming that Obama is the reason for this?

    Really?

    I could understand if you claimed that he contributed to this situation, but that doesn't seem to be your point .


    Is Obama also to blame for the way my dog smells after a rain storm?






    (don't mind me, I'm only here to enjoy the entertainment)


    .
    IlovemyjobIlovemyjobIlovemyjob....say it with me now!

  8. #8
    Join Date
    Jan 2001
    Posts
    7,707

    Exclamation

    With all that has gone on this year I dont believe it would be any different under Bush... The economy has gone to hell......been a while coming....gonna stick around for a while.

    Pray...tighten your belts....think cornbread and soup beans 3-4 nights a week... and greens and cornbread the rest of the week.

    Glenn...I suspect from this post and other posts you have made that your investments have turned south....... Im truly sorry for that..... but I think you have been around long enough to know that every cloud has a silver lining... this mess will turn itself around......

    The Lord works in mysterious ways......why he is gutting the economy is beyond me....but its not my place to question his infinite wisdom...... just got to go along for the ride.

  9. #9
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    Jun 2002
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    Dacula, GA
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    Quote Originally Posted by corny View Post
    With all that has gone on this year I dont believe it would be any different under Bush... The economy has gone to hell......been a while coming....gonna stick around for a while.

    Pray...tighten your belts....think cornbread and soup beans 3-4 nights a week... and greens and cornbread the rest of the week.

    Glenn...I suspect from this post and other posts you have made that your investments have turned south....... Im truly sorry for that..... but I think you have been around long enough to know that every cloud has a silver lining... this mess will turn itself around......

    The Lord works in mysterious ways......why he is gutting the economy is beyond me....but its not my place to question his infinite wisdom...... just got to go along for the ride.
    Well I am almost all out now but I did lose a few thou before I bailed. Anyhow I blame Obama for the recent fall and for the earlier fall I blame fanny Mae and Freddie Mac and the banks who were cohorsed into loaning billions to those who could never pay it back thanks to the liberal Democrats along with a few Republicans. Anyhow that has been discussed enough already.

    I am just concerned about the present state of affairs which if I may say so is bleak. Anyhow thanks for your concern corny, appreciate it, your a good man even if you do piss me off sometimes. Well tomorrow is another day I think.
    "I could have ended the war in a month. I could have made North Vietnam look like a mud puddle."
    "I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them. It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution."
    Barry Goldwater

  10. #10
    Join Date
    May 2000
    Location
    Urbandale IA. USA
    Posts
    4,913
    I find it interesting that the libs on this forum, SIMPLY cannot figure out why Obama has this effect on people and the economy, while the conservatives know the many reasons why.

    Even if/when conservatives explain and demonstrate why or how this affects us, the libs deny or discount ALL logical explanations.

    Those who dance, appear insane to those who do not hear the music.
    Those who believe, appear ignorant to those who do not know God.

  11. #11
    Join Date
    Nov 2005
    Posts
    919
    Quote Originally Posted by cehs View Post
    I find it interesting that the libs on this forum, SIMPLY cannot figure out why Obama has this effect on people and the economy, )
    Has he had an effect, yep.

    Has he been the sole cause as alluded to in this post, nope.

    Pretty complicated when you're not dealing in absolutes huh?


    .
    IlovemyjobIlovemyjobIlovemyjob....say it with me now!

  12. #12
    Join Date
    May 2006
    Location
    Texas
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    537
    Quote Originally Posted by x-wrenchturner View Post
    Has he been the sole cause as alluded to in this post, nope.
    Not at all huh?

    Offering up Communist programs that will destroy capitalism, suggesting nationalizing citizen's 401K plans and having not one clue about economics when you will become the leader of the free world does not affect financial markets?

    Obama is not the only clueless one here obviously.

  13. #13
    Join Date
    May 2000
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    Urbandale IA. USA
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    Quote Originally Posted by x-wrenchturner View Post
    Has he had an effect, yep.

    Has he been the sole cause as alluded to in this post, nope.

    Pretty complicated when you're not dealing in absolutes huh?

    .
    You did NOT include my WHOLE quote.
    ------------------------------------
    I find it interesting that the libs on this forum, SIMPLY cannot figure out why Obama has this effect on people and the economy, while the conservatives know the many reasons why.

    Even if/when conservatives explain and demonstrate why or how this affects us, the libs deny or discount ALL logical explanations.
    -----------------------------------
    Does this mean YOU don't get it either?
    Those who dance, appear insane to those who do not hear the music.
    Those who believe, appear ignorant to those who do not know God.

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