Dow is SOARING!

[KeptByTheWord]

Whatever goes up, has to come down.

[Jermyn Davidson]

Originally Posted by BrotherEastman

Its not like ANY president can push a button so the DOW will go up. The president can only be a cheerleader on when the Dow goes up. There is ABSOLUTELY nothing he (the president) can do to control whether the DOW goes up or down period!

So a couple years back when the Dow was down, and people on this very forum were saying that the reason why the Dow was down was because investors didn't have confidence in the Obama Administration, did you agree or disagree with them?

Up till that moment, I thought the same as you-- but AFF taught me differently.

[Jermyn Davidson]

Originally Posted by n david

But please, don't let the facts sour the koolaide you're drinking.

Don't worry I won't!

This is some real refreshing cherry kool-aid!

[shazeep]

ya, no, he's pretty much right, i'm afraid.

[Fionn mac Cumh]

Originally Posted by BrotherEastman

You are probably right on this account since the internet is the ONLY place I get my news. I do not have a TV so I will give you that. BTW, here are some sources for OUR NATIONAL DEBT:

PolitiFact New Jersey, Obama has added more to national debt than the previous 43 presidents combined, chain e-mail states, May 4, 2012

PolitiFact, Mitt Romney says Obama has "racked up as much debt as almost all of the other presidents combined," Dec. 16, 2011

PolitiFact New Hampshire, By the end of his first term, President Obama will have added as much debt as all the prior 43 presidents combined, July 10, 2011

What has he done to add to the debt? The majority of that debt is interest on the preexisting debt. The deficit had been down and continues to go down. What Obama policies have contributed to the national debt?

[Jermyn Davidson]

Originally Posted by shazeep

ya, no, he's pretty much right, i'm afraid.

who is right?
what sayest thou?

[BrotherEastman]

Originally Posted by Jermyn Davidson

So a couple years back when the Dow was down, and people on this very forum were saying that the reason why the Dow was down was because investors didn't have confidence in the Obama Administration, did you agree or disagree with them?

Up till that moment, I thought the same as you-- but AFF taught me differently.

I'm sorry if AFF taught you differently; however, I do believe that both Bush and Obama are responsible for the debt that this country is in and that includes congress in both administrations.

[BrotherEastman]

Originally Posted by Fionn mac Cumh

What has he done to add to the debt? The majority of that debt is interest on the preexisting debt. The deficit had been down and continues to go down. What Obama policies have contributed to the national debt?

Interest on the already existing debt? What? From 6 trillion to 17 trillion? I'm afraid not!

[Fionn mac Cumh]

Originally Posted by BrotherEastman

Interest on the already existing debt? What? From 6 trillion to 17 trillion? I'm afraid not!

I didnt say all of it was. I said the majority of it is. We barrow to pay on what was borrowed. This has been going on for years. Again, what has Obama done to add the most to the debt of any President?

[n david]

Originally Posted by BrotherEastman

I'm sorry if AFF taught you differently; however, I do believe that both Bush and Obama are responsible for the debt that this country is in and that includes congress in both administrations.

Yep. Bush signed one of the biggest government expansions with Medicare Part B. obama kept the expansion moving with obamacare.

Looking back, there is little which W did with which I agree. There's a reason he's able to be so chummy with Clinton. Both were big government Presidents.