Here we go again?

[KMAN]

Question: Is Obama planning the stock market crash so government can own everything? I think this is a valid question. He believes in socialism so why would he want the market to go up?

Stocks resume slide on lack of positive news: Financial News - Yahoo! Finance

 

[cunclusion]

Did you even read the reason for the rise, the rise in the market yesterday was due to the infromation coming out of China about a rise in allocation of funds for their economic stimulus package. Now today they found out China is not allocating any addtional funds so the stock market is going the way it has been going. Then the expectance of negative news about the unemployement rate/job loss information that comes out tomorrow to blame all this on Obama you really need read everything jumping you jumping to conclusions doesnt help no one.

 

[auditor0007]

Question: Is Obama planning the stock market crash so government can own everything? I think this is a valid question. He believes in socialism so why would he want the market to go up?

Stocks resume slide on lack of positive news: Financial News - Yahoo! Finance

While Obama has a socialist view, he is not an outright advocate of full scale socialism. Yes, he supports bigger government as he believes government serves a greater purpose to the people than just the basics. But that's as far as it goes. If you have arguments against Obama, keep them real. There's enough to argue about without heading toward conspiracy theories.

 

[KMAN]

Did you even read the reason for the rise, the rise in the market yesterday was due to the infromation coming out of China about a rise in allocation of funds for their economic stimulus package. Now today they found out China is not allocating any addtional funds so the stock market is going the way it has been going. Then the expectance of negative news about the unemployement rate/job loss information that comes out tomorrow to blame all this on Obama you really need read everything jumping you jumping to conclusions doesnt help no one.

All Obama has to do is come out and say he is cutting the corporate tax rate and stocks will take off.... So why doesn't he do this?

 

[raceright]

Did you even read the reason for the rise, the rise in the market yesterday was due to the infromation coming out of China about a rise in allocation of funds for their economic stimulus package. Now today they found out China is not allocating any addtional funds so the stock market is going the way it has been going. Then the expectance of negative news about the unemployement rate/job loss information that comes out tomorrow to blame all this on Obama you really need read everything jumping you jumping to conclusions doesnt help no one.

All Obama has to do is come out and say he is cutting the corporate tax rate and stocks will take off.... So why doesn't he do this?

Qoute; I predict future happiness for America if they can prevent the goverment from wasting the labors of the people under the pretense of taking care of them.
My reading of history convinces me that most bad goverment results from too much goverment..

THOMAS JEFFERSON 1802

 

[DavidS]

Question: Is Obama planning the stock market crash so government can own everything? I think this is a valid question. He believes in socialism so why would he want the market to go up?

Stocks resume slide on lack of positive news: Financial News - Yahoo! Finance

I'm going to say this once and never say it again - so I hope you're listening, KMAN.

Obama can control the stock market as much as Bush can control the price of oil.

Obama is not causing the stock market to crash. The speculators who caused oil to rise to $150 a barrel last year have left oil trading and have jumped on board stocks and are trading on 100% speculation. Obama was hired to put certain plans into action that he outlined on his campaign trail. So far, he is doing everything he said he would do. There have been NO surprises. An economy as bad as the one we've got right now will not recover overnight. He never said it would - he never implied it would. He only said he would fix it and that it would take time. He's not even in office 60 days yet. Most Americans are giving him until 18 months in office to hold him accountable for our economy. Only you, a partisan right wing hack, blame him for not fixing our economy sooner.

 

[DavidS]

Did you even read the reason for the rise, the rise in the market yesterday was due to the infromation coming out of China about a rise in allocation of funds for their economic stimulus package. Now today they found out China is not allocating any addtional funds so the stock market is going the way it has been going. Then the expectance of negative news about the unemployement rate/job loss information that comes out tomorrow to blame all this on Obama you really need read everything jumping you jumping to conclusions doesnt help no one.

All Obama has to do is come out and say he is cutting the corporate tax rate and stocks will take off.... So why doesn't he do this?

Because Obama's #1 priority isn't appeasing the speculators on Wall Street?

 

[crpravens]

While Obama has a socialist view, he is not an outright advocate of full scale socialism. Yes, he supports bigger government as he believes government serves a greater purpose to the people than just the basics. But that's as far as it goes. If you have arguments against Obama, keep them real. There's enough to argue about without heading toward conspiracy theories.

How are you so sure?

 

[dilloduck]

Question: Is Obama planning the stock market crash so government can own everything? I think this is a valid question. He believes in socialism so why would he want the market to go up?

Stocks resume slide on lack of positive news: Financial News - Yahoo! Finance

I'm going to say this once and never say it again - so I hope you're listening, KMAN.

Obama can control the stock market as much as Bush can control the price of oil.

Obama is not causing the stock market to crash. The speculators who caused oil to rise to $150 a barrel last year have left oil trading and have jumped on board stocks and are trading on 100% speculation. Obama was hired to put certain plans into action that he outlined on his campaign trail. So far, he is doing everything he said he would do. There have been NO surprises. An economy as bad as the one we've got right now will not recover overnight. He never said it would - he never implied it would. He only said he would fix it and that it would take time. He's not even in office 60 days yet. Most Americans are giving him until 18 months in office to hold him accountable for our economy. Only you, a partisan right wing hack, blame him for not fixing our economy sooner.

How about Soros ?---apparently he sure can make an economy flinch. ( I think they know each other too )

 

[editec]

Kman asks:

Question: Is Obama planning the stock market crash so government can own everything? I think this is a valid question. He believes in socialism so why would he want the market to go up?

I think it unlikely.

Why?

Let me ask you, KMAN ..if you were smart enough and powerful enough to crash the market, so you could buy it on the cheap, would you then give it to the government?

How about this?

Do you really think that the market mavens who smart and powrful enough to control the stock market are taking their marching orders from Obama the socialist?!

Something about that theory needs revising, I think.

I'm willing to entertain that the market can be manipulated, but not that it is being manipulated so that WE THE PEOPLE end up owning it.

Call me cynical, but I do not think the market is controlled by philanthopists.

 

[manu1959]

Kman asks:

Question: Is Obama planning the stock market crash so government can own everything? I think this is a valid question. He believes in socialism so why would he want the market to go up?

I think it unlikely.

Why?

Let me ask you, KMAN ..if you were smart enough and powerful enough to crash the market, so you could buy it on the cheap, would you then give it to the government?

How about this?

Do you really think that the market mavens who smart and powrful enough to control the stock market are taking their marching orders from Obama the socialist?!

Something about that theory needs revising, I think.

I'm willing to entertain that the market can be manipulated, but not that it is being manipulated so that WE THE PEOPLE end up owning it.

Call me cynical, but I do not think the market is controlled by philanthopists.

this from the....he fly ariplanes into building tosteal the oil and make hlliburton rich......crowd......

 

[editec]

Kman asks:

Question: Is Obama planning the stock market crash so government can own everything? I think this is a valid question. He believes in socialism so why would he want the market to go up?

I think it unlikely.

Why?

Let me ask you, KMAN ..if you were smart enough and powerful enough to crash the market, so you could buy it on the cheap, would you then give it to the government?

How about this?

Do you really think that the market mavens who smart and powrful enough to control the stock market are taking their marching orders from Obama the socialist?!

Something about that theory needs revising, I think.

I'm willing to entertain that the market can be manipulated, but not that it is being manipulated so that WE THE PEOPLE end up owning it.

Call me cynical, but I do not think the market is controlled by philanthopists.

this from the....he fly ariplanes into building tosteal the oil and make hlliburton rich......crowd......

What the fuck are you babbling about, lad?

 

[KMAN]

Michael Boskin Says Barack Obama Is Moving Us Toward a European-Style Social Welfare State and Long-Run Economic Stagnation - WSJ.com

 

[KMAN]

Did you even read the reason for the rise, the rise in the market yesterday was due to the infromation coming out of China about a rise in allocation of funds for their economic stimulus package. Now today they found out China is not allocating any addtional funds so the stock market is going the way it has been going. Then the expectance of negative news about the unemployement rate/job loss information that comes out tomorrow to blame all this on Obama you really need read everything jumping you jumping to conclusions doesnt help no one.

All Obama has to do is come out and say he is cutting the corporate tax rate and stocks will take off.... So why doesn't he do this?

Because Obama's #1 priority isn't appeasing the speculators on Wall Street?

His job is to protect this country right???? So how is a loss of trillions of dollars in the stock market in the best interest of this country? Appease the stock market or not... If he lowers the corporate tax rate businesses could possibly start making money again, meaning less layoffs... Isn't this good for the American people? Obviously what he's doing right now isn't working.

 

[editec]

All Obama has to do is come out and say he is cutting the corporate tax rate and stocks will take off.... So why doesn't he do this?

Because Obama's #1 priority isn't appeasing the speculators on Wall Street?

His job is to protect this country right???? So how is a loss of trillions of dollars in the stock market in the best interest of this country? Appease the stock market or not... If he lowers the corporate tax rate businesses could possibly start making money again, meaning less layoffs... Isn't this good for the American people? Obviously what he's doing right now isn't working.

Even if the above is 100% on the money, that still doesn't support your first theory.

 

[PoliticalChic]

Question: Is Obama planning the stock market crash so government can own everything? I think this is a valid question. He believes in socialism so why would he want the market to go up?

Stocks resume slide on lack of positive news: Financial News - Yahoo! Finance

"What's going on? "You never want a serious crisis to go to waste," said Chief of Staff Rahm Emanuel. "This crisis provides the opportunity for us to do things that you could not do before."

Things. Now we know what they are. The markets' recent precipitous decline is a reaction not just to the absence of any plausible bank rescue plan, but also to the suspicion that Obama sees the continuing financial crisis as usefully creating the psychological conditions -- the sense of crisis bordering on fear-itself panic -- for enacting his "Big Bang" agenda to federalize and/or socialize health care, education and energy, the commanding heights of post-industrial society."
RealClearPolitics - Articles - Deception at Core of Obama Plans

 

[amrchaos]

Here is a question for you guys.

Why would the chinese buy US Treasuries while China is facing the same problem as us?

Would it not make better sense for China to sell Chinese Treasuries, put Chinese unemployed workers back to work and dig themselves out of their financial straits?

Call me naive, but If I was Communists China, I would take the green route, clean up my factories, laydown some additional roads, and help bring many of my ancient cities into the 21st centurary while electrifying the Rural areas.

In other words, if China wanted to ditch us, now is the perfect time!!

 

[AllieBaba]

A financial crisis is the worst time to change the foundations of American
By MICHAEL J. BOSKIN
The illusion that Barack Obama will lead from the economic center has quickly come to an end. Instead of combining the best policies of past Democratic presidents -- John Kennedy on taxes, Bill Clinton on welfare reform and a balanced budget, for instance -- President Obama is returning to Jimmy Carter's higher taxes and Mr. Clinton's draconian defense drawdown.

Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs.

Michael Boskin Says Barack Obama Is Moving Us Toward a European-Style Social Welfare State and Long-Run Economic Stagnation - WSJ.com