What has Obama done to rally the stock market?

Discussion in 'Politics' started by Rocko, Sep 15, 2012.

  1. Rocko
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    Rocko Gold Member

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    Absolutely nothing. I'm sick of liberals giving him credit for the meteoric rise in the stock market.
     
  2. tjvh
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    tjvh Senior Member

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    The question is what has Obama done to rally the Stock Markets? Hmmm.................................. Ahh.......................................Ummm...........................that..........................thing..........................................Ahhhhh.......................................Ummmm.......................He ahhhh...........................They ah...........................................Didn't he........................................................ ahhhhh.............................Ummmm...............................Ahhhh........................................Well uh............................. Ummm................... I think you get the idea.
     
  3. Rocko
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    Rocko Gold Member

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    anybody have anything?
     
  4. Dick Tuck
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    Dick Tuck Board Troll

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  5. blackhawk
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    blackhawk Gold Member

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    He's a Democrat some people seem to think that's all it takes of course how they can be happy with him helping those evil Wall Street 1% types get even richer is a bit odd.
     
  6. Rocko
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    Rocko Gold Member

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    that's why the market is at a five year high? Give me a break.
     
    Last edited: Sep 15, 2012
  7. Dick Tuck
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    Dick Tuck Board Troll

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    Not at all. Obama laid the ground work with his TARP 2, Stimulus, the GM assistance, cash for clunkers, the healthcare reform, his ability to beat the living shit out of the Republicans in the House, to keep us from defaulting.....It's quite a long list.

    Learn how to use the quote function, moron.
     
    Last edited: Sep 15, 2012
  8. SniperFire
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    SniperFire Senior Member

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    Well, indirectly, QE3.

    Obama's shitty economic policies forced the Fed's hand to print money, and smart money fled for the relative safe-haven of equities.
     
  9. Leweman
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    Leweman Gold Member

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    Are you serious? Three rounds of Fed pumping. oooooooooooooooh yeah.
     
  10. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Thanks for asking

    When Obama took over, the market was in free fall. In the process of dropping from 14,000 to 6600. Investors could not get out of the market fast enough. The best description is sheer panic

    Upon taking over, Obama made it clear that the Federal Government would stand behind the banks and auto companies. Through economic stimulus, the Government was the only entity willing to pump money INTO the economy

    Within weeks of the stimulus, the market reversed and eventually doubled

    Thanks President Obama
     

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