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Investors sent a strong message to Obama yesterday: His stimulus plan isn't working.

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Fuzz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 09:14 AM
Original message
Investors sent a strong message to Obama yesterday: His stimulus plan isn't working.
Paraphrased from memory. The blond bubble head on Fox 'News' at the top of the hour.

I laughed and laughed and laughed.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 09:17 AM
Response to Original message
1. I have another way to interpret yesterday's fall in prices
I think it was savy investors abandoning companies who have profited, posibly illegally, by Bush being in office and are not likely to continue to once competent governance returns. Most of the robbery we have faced came by way of the Government's Procurement system and lack of oversight of contracts and to a lessor extent grants and other financial assistnace instruments.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 09:19 AM
Response to Original message
2. BS! The Market reflects a DISTRUST OF CORPORATE LEADERSHIP.
Pat Buchanan was pushing the same talking points on Hardball last night.
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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 09:20 AM
Response to Original message
3. Wow. President for five hours and already a failure, huh?
:rofl:
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meegbear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 09:22 AM
Response to Original message
4. I thought it was Clinton's fault?
:shrug:
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Best_man23 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 09:36 AM
Response to Original message
5. The Markets were channeling FDR
What is needed is Action...and Action NOW.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 09:37 AM
Response to Original message
6. Bank freeloaders again.
:puke:
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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:13 AM
Response to Original message
7. She said as the DOW rises today....n/t
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mnhtnbb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:18 AM
Response to Original message
8. CNBC is already calling it the "o-conomy". Immediately trying
to make the Bush mess Obama's fault.

The MSM is so predictable.
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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:20 AM
Response to Reply #8
9. Predictable, toadying, and disgraceful, too
:puke:
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:35 AM
Response to Original message
10. Investors sent the message that they are scared of banks balance sheets

Had nothing to do with President Obama.
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