Off-Topic: Why Market Is Down
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   Why Market Is Down
Date:   11/7/2008 6:28:01 AM

Wake up. Yes the economy is bad due to the credit crisis created by the dems that was sparked by rising oil prices (because the economy was strong) and the dems refusing to address it which caused speculators to drive up prices further.

BUT ... last quarter was the 1st quarter of negative GDP growth ... the experts all agree the rapid sell off was attributable to the FEAR of BO policies. That has now been compounded by reality.

And why do you think the US auto industry is in such bad shape ... one word ... UNIONS ... they have destroyed many US businesses and BO wants to take away secret ballots to boost membership because they all backed him.

Your man is going to destroy this country. We will be in a depression before long.

I am sure narrow minded liberals like you will say it was Bush. But the facts are Bush took over a terriible economy from Clinton with the tech collapse, then 9/11 ..... his poicies pulled us out of that and we had 6 years of excellent growth, job creation, low interest rates, rising stock market. The Dems took over congress 2 years ago and started all the scare tactics and pointing fingers and blocking policies, refusing reforms that could have avoided the credit mess .... and the economy started to collapse.

So now the economy is in bad shape ... so lets see what your boy and an all liberal congress does. Bush showed he could recover from the economy Clinton handed him AND a horrific terrorist attack .... so now lets see what BO does.

Regan proved the same thing after Carter and the Dems policies pretty much destroyed the US before and left us with 21% interest rates and 11% unemployment.

Both Regan and Bush showed their policies worked with the same party controlling congress. So now lets see what the liberals do. My bet is they screw it up again just like every other time. But this time it will be even worse with BO's socialist views.

If people had faith in "CHANGE" then the market would have responsed positively with the change in leadershhip .... but instead this is the worst post election decline in history. Oh yeah,
Other messages in this thread:View Entire Thread
Business world - water_watcher - 11/6/2008 3:44:51 PM
     Why Market Is Down - GoneFishin - 11/6/2008 10:46:30 PM
          Why Market Is Down - water_watcher - 11/7/2008 6:28:01 AM
               Why Market Is Down - 1DERWHY - 11/7/2008 6:57:11 AM
                    Why Market Is Down - water_watcher - 11/7/2008 7:14:58 AM
                    Why Market Is Down - JustAGuy - 11/7/2008 4:06:12 PM



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