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Old 04-20-2011, 08:11 PM
 
Location: San Diego
5,319 posts, read 8,990,328 times
Reputation: 3396

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Once again ... more signs of our economy improving under the leadership of President Barack Obama.

http://www.nytimes.com/2011/04/21/bu...er=rss&emc=rss

Quote:
Big earnings surprises gave Wall Street a positive spin on Wednesday, propelling shares to their best day in a month and lifting the Dow industrials to their highest in almost three years.
Thank you again President Obama for leading our country out of its worst recession since The Great Depression.

Greatly looking forward to your re-election in 2012.
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Old 04-20-2011, 08:17 PM
 
Location: South Dakota
2,608 posts, read 2,099,202 times
Reputation: 769
Well he is helping out rich Earlyretired guys like me, but this will end even worse than his mentor Bush's stock rally...

I like to think of it as the illegal Obomber election rally...

The stock market isn't the economy...
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Old 04-20-2011, 08:25 PM
 
2,095 posts, read 2,583,381 times
Reputation: 1268
You're doing a heckuva job Obama.

He just got himself another 4 years. Too bad he is limited to just two terms. It will take at least 8 more years to fix the damage that the Bush whitehouse and previous Democratic congress did to the economy.
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Old 04-20-2011, 08:26 PM
 
Location: SC
9,101 posts, read 16,467,081 times
Reputation: 3621
Quote:
Originally Posted by RD5050 View Post
Once again ... more signs of our economy improving under the leadership of President Barack Obama.

http://www.nytimes.com/2011/04/21/bu...er=rss&emc=rss

Thank you again President Obama for leading our country out of its worst recession since The Great Depression.

Greatly looking forward to your re-election in 2012.
You are kidding. Right? If the Obama administration was doing such a good job the stock market would at least be rising faster than the dollar is tanking! Don't be fooled. Just look at the futures. Look at /DX (the dollar). See how it has been going DOWWWWn. Look at Gold and Silver skyrocketing. That is another sign of BAD TIMES. Look at Oil Skyrocket and the price of food going up and unemployment figures are actually WORSE than they were in the "Great Depression".

At least we stiil had factories and a manufacturing sector back in the early 1900's. Today we have nothing but a bloated government and police state that is twice as big as the private sector.
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Old 04-20-2011, 08:29 PM
 
Location: Great State of Texas
86,052 posts, read 84,548,114 times
Reputation: 27720
Corporate earnings on their foreign revenue are signs of a recovery and are all due to Obama ?
Wow..you drank the whole pitcher didn't you ?
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Old 04-20-2011, 08:34 PM
 
Location: South Dakota
2,608 posts, read 2,099,202 times
Reputation: 769
"Enjoy it while it lasts kid, because it never does" Gordon Gekko
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Old 04-20-2011, 08:37 PM
 
2,095 posts, read 2,583,381 times
Reputation: 1268
Quote:
Originally Posted by emilybh View Post
You are kidding. Right? If the Obama administration was doing such a good job the stock market would at least be rising faster than the dollar is tanking! Don't be fooled. Just look at the futures. Look at /DX (the dollar). See how it has been going DOWWWWn. Look at Gold and Silver skyrocketing. That is another sign of BAD TIMES. Look at Oil Skyrocket and the price of food going up and unemployment figures are actually WORSE than they were in the "Great Depression".

At least we stiil had factories and a manufacturing sector back in the early 1900's. Today we have nothing but a bloated government and police state that is twice as big as the private sector.
In a contracting economic environment, you WANT your currency to weaken.

That helps with exports and FDI...things you want during a recession.

The only people who are complaining about a weaker dollar are those who are hoping for Obama to fail or have no knowledge about how the global economy operates.

Oil and food have gone up but they have not "skyrocketed" as you put it. Most people can handle the increase.

The dollar needs to fall more. I'm hoping for the dxy to drop to 70. That will really help our economy.
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Old 04-20-2011, 08:39 PM
 
Location: mancos
7,788 posts, read 8,036,483 times
Reputation: 6706
Quote:
Originally Posted by HappyTexan View Post
Corporate earnings on their foreign revenue are signs of a recovery and are all due to Obama ?
Wow..you drank the whole pitcher didn't you ?
They sure did,when I loose my shack I call a house I will thank obama and wall street and the banksters for finally cutting the leash.
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Old 04-20-2011, 08:42 PM
 
Location: Charlotte, NC (in my mind)
7,943 posts, read 17,264,404 times
Reputation: 4686
Quote:
Originally Posted by RD5050 View Post
Once again ... more signs of our economy improving under the leadership of President Barack Obama.

http://www.nytimes.com/2011/04/21/bu...er=rss&emc=rss

Thank you again President Obama for leading our country out of its worst recession since The Great Depression.

Greatly looking forward to your re-election in 2012.
Maybe I need to smoke some of whatever you are smoking.

I could totally care less what the Dow does. Every day oil rises, the average American gets poorer. Most economists are predicting a peak somewhere between $150 and $200 barrel this summer, with $6 gas likely. By the election of 2012 there is no way Obama will be re-elected. This 2008-09 crisis was nothing compared to whats coming in 2011-12. Keep your head in the sand and pretend everything is good because for most people, its getting worse, much worse.
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Old 04-20-2011, 08:44 PM
 
Location: South Dakota
2,608 posts, read 2,099,202 times
Reputation: 769
In a contracting economic environment, you WANT your currency to weaken.

That helps with exports and FDI...things you want during a recession.

The only people who are complaining about a weaker dollar are those who want are hoping for Obama to fail or have no knowledge about how teh global economy operates.

Oil and food have gone up but they have "skyrocketed" as you put it. Most people can handle the increase.

The dollar needs to fall more. I'm hoping for the dxy to drop to $70. That will really help our economy.




Even S$P thinks whole Ponzi is about to unravel...

It takes some guts to be in this market right now...

Kenyanism is doomed to failure...
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