Obama Bull Market? Radical And Scary

Meet The Press, David Gregory asks Senator Lindsey Graham about why he thinks the market is crashing. Is it “the Obama Bull Market”. Oh yeah, says Graham, oh yeah.

The Dow has fallen more than 30% since election day. It may be unfair to call it the Obama Bull Market … but his folks are sure laying claim to it in a hurry.

More than $1.6 trillion was erased from U.S. equities since Jan. 20 as mounting bank losses and rising unemployment convinced investors the recession is getting worse. The president is in danger of breaking a pattern in which the Dow rallied 9.8 percent on average in the 12 months after a Democrat captured the White House, according to data compiled by Bloomberg.

Which may be why Charles Schumer says … pay no attention to Wall Street. I am trying hard.

Which brings us to the bottom line of the day. John McCain on Fox News Sunday isn’t ready to call it an Obama Bull market … but its still generational theft. And that’s the bottom line.

5 replies
  1. weregettinghosed
    weregettinghosed says:

    Scary? What he is doing cannot be properly described as scary. His agenda is seriously tearing down America as it has been for over 250 years – what is happening here? Americans need not to sit by and allow him to tear away at our liberties but they need to stand up for their America!

    There is a poll now going at msnbc to grade Obama, let America know exactly what you think, give him the grade he deserves. You got to get involved to evolve change.

  2. Dimsdale
    Dimsdale says:

    My mom sent this to me…..

    PSALM 2008-2012 | FIRST BOOK OF DEMOCRAT

    OBAMA IS MY SHEPHERD, I SHALL NOT WANT..

    HE LEADETH ME BESIDE STILL FACTORIES.

    HE RESTORETH MY FAITH IN THE REPUBLICAN PARTY.

    HE GUIDETH ME IN THE PATH OF UNEMPLOYMENT.

    YEA, THOUGH I WALK THROUGHT THE VALLEY OF THE  BREAD LINE,

    I SHALL NOT GO HUNGRY. OBAMA HAS ANOINTED MY INCOME WITH TAXES,

    MY EXPENSES RUNNETH OVER MY INCOME, SURELY, POVERTY AND HARD LIVING

    WILL FOLLOW ME ALL THE DAYS OF MY LIFE.

    THE DEMOCRATS AND I WILL LIVE FOREVER IN A  RENTED HOME.

    BUT  I AM GLAD I AM AN AMERICAN, I AM GLAD THAT I AM FREE.

    BUT I WISH I WAS A DOG AND OBAMA A TREE.

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