The Markets React to Obama's speech!

[TJJJ]

Ouch!!!

The markets are reacting to Oblameas speech, down 200 points at opening!

Not very encouraging for the imposter!

[TJJJ]

Worldwide, people do not believe Obama!

http://www.bloomberg.com/news/2011-0...ma-speech.html

[Jermyn Davidson]

The market is down because of European concerns, not Obama's speech.

http://finance.yahoo.com/news/Stocks...53913.html?x=0

"U.S. stocks plunged Friday, erasing the week's gains, as rising fears about fallout from Europe's debt crisis overshadowed President Barack Obama's plan to revive the U.S. job market."

[Pressing-On]

Originally Posted by Jermyn Davidson

The market is down because of European concerns, not Obama's speech.

http://finance.yahoo.com/news/Stocks...53913.html?x=0

"U.S. stocks plunged Friday, erasing the week's gains, as rising fears about fallout from Europe's debt crisis overshadowed President Barack Obama's plan to revive the U.S. job market."

Former Obama Advisor: Markets Disappointed With Speech

http://www.breitbart.tv/former-obama...d-with-speech/

[Jermyn Davidson]

http://finance.yahoo.com/news/Yields...RzZmFsbHRv?x=0

[Jermyn Davidson]

breitbart?
Bwahahaha!

About as journalistic as Huffington!


Find unbiased media outlets to get the truth from.

Breitbart and Huffington are not unbiased.

[TJJJ]

"Sigh"


Jermyn needs to take his head out of the sand and realize that the markets ARE reacting to what Obama said yesterday.

As did the overseas markets react last night.

This is real stuff Jermyn, you need to understand that investor confidence is shaky, and that when the POTUS promises but is unable to back up what he is promising then the markets are going to react negatively.

No matter the hype he is pushing the markets are looking at the bottom line which in this case is that he is promising to push america even further in the red.

Wake up Jermyn!!!!

[TJJJ]

Aaaaaaagh

One hour before closing and the market is down over 300 pts!!!!

I am sure that it is just because of the clouds over the mountains or something. Surely it can't be because of the speech!

[coadie]

Originally Posted by TJJJ

Aaaaaaagh

One hour before closing and the market is down over 300 pts!!!!

I am sure that it is just because of the clouds over the mountains or something. Surely it can't be because of the speech!

Some perspective. JD is crowing about things he knows nothing about. The market value of equities in my memory multipled by 3% drop in value today means the market value of the US market fell 1 trillion dollars. Obama's "stimulus" not so called was 400 billion plus. Obama's attack on the wealthy comes in the form or making their net worth fall even without taxes.

[Jermyn Davidson]

Originally Posted by coadie

Some perspective. JD is crowing about things he knows nothing about. The market value of equities in my memory multipled by 3% drop in value today means the market value of the US market fell 1 trillion dollars. Obama's "stimulus" not so called was 400 billion plus. Obama's attack on the wealthy comes in the form or making their net worth fall even without taxes.

???

My assertion is that yesterday's bad day on Wall St had little to do with the President's speech and everything to do with what's going in Europe.

I'm not wrong in my assertion.


You know where the "uncertainty" is with the President's plan is not what he said, but it's in his ability to get Congress to approve his plan-- a reflection of the partisan politics that immobilizes Washington when it should be working for the people.

If you don't want to believe me, take it up with Reuters.

http://www.reuters.com/article/2011/...7880QH20110909





Read what the Wall Street Journal has to say about the matter-- make sure you read the article and notice how many paragraphs are devoted to the European instability.

http://online.wsj.com/article/SB1000...NewsCollection



Again, some conservatives just want to criticize the President just because of who he is. Where are the conservatives who can realize that if this plan passes COngress, it would be AN EXCELLENT thing for people all across the country!