Friday, March 06, 2009
Are markets scared of Obama?
Another day, another bad day at the stock market.
What are these markets saying?
How about "we don't think that Pres BO has a clue"!
Ben Steverman has an opinion:
"At least on Wall Street, the honeymoon is over for President Barack Obama.
Polls still show the President has strong popularity among the general U.S. population, and Obama continues to command power in Congress.
But among investors, fairly or unfairly, there is griping that the new Obama Administration is at least partly to blame for the recent slide in stocks.
Since Nov. 4, Election Day, the broad Standard & Poor's 500-stock index is off about 25 percent, and since Jan. 20, when Obama took office, the "500" is down 15 percent."
Perhaps, Wall Street is afraid.
MICHAEL J. BOSKIN thinks so:
"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." (Obama's Radicalism Is Killing the Dow )
Dear Pres BO: Drop the "I inherited" stuff!
It is Pres BO who is blowing up our debts! It is Pres BO who is turning a bad situation into a very bad situation!
Boomberg has another headline: ‘Obama Bear Market’ Punishes Investors as Dow Slumps!
Dick Morris is predicting a tough short term future: COMING NEXT YEAR: OBAMA’S INFLATION
It's easy to over analyze "the ups and downs" of the stock market. However, the investors are not happy, specially since Obama won the election!
SUBSCRIBE TO OUR BLOG
- December (37)
- November (87)
- October (108)
- September (87)
- August (79)
- July (62)
- June (70)
- May (71)
- April (60)
- March (43)
- February (46)
- January (55)
- December (40)
- November (35)
- October (47)
- September (35)
- August (33)
- July (43)
- June (53)
- May (58)
- April (58)
- March (54)
- February (53)
- January (64)
- December (66)
- November (47)
- October (64)
- September (75)
- August (70)
- July (83)
- June (83)
- May (85)
- April (74)
- March (73)
- February (63)
- January (74)
- December (82)
- November (70)
- October (67)
- September (58)
- August (72)
- July (92)
- June (76)
- May (69)
- April (67)
- March (61)
- February (56)
- January (99)
- December (120)
- November (89)
- October (97)
- September (109)
- August (115)
- July (115)
- June (121)
- May (121)
- April (112)
- Some words of wisdom from Dr Sowell
- Just in case you didn't think that The NY Times "w...
- 4,257 posts! We passed Pete Rose!
- What happened to all of the love?
- We need to seal the border!
- VP Biden to PM Rod-Zap: Thanks for the troops in I...
- Sec Clinton to Mexico: Who painted your virgin?
- It's spring! So let's go to the Ft Worth Botanic ...
- We support Pres BO in Afghanistan! Will the Dems ...
- "The Great Communicator" and his sense of humor!
- Happy birthday to Diana Ross
- Thurs show: Mexico, the deficits and abortion!
- Blaming Bush for BO's deficits is not working!
- Update on "Hope and change" and the "screamers"
- Dear Mexicans: Don't listen to what they say, watc...
- Dear Sec Clinton: Don't smile and stab Mexico in t...
- Yes, I want Pres BO to fail. Why would I want thi...
- Milwood and Padilla are the key to the 2009 season...
- Your Tuesday morning humor will make you laugh and...
- President Abortion is off and running!
- Are these the same people who used to "preach" abo...
- Gov Perry wants troops on the border and he is rig...
- A very bad week for Pres BO!
- Pres BO and the Dems should "abide by or get out" ...
- Happy birthday to Neil Sedaka, great performer and...
- Had not heard "Solitaire" in a long time!
- Deficits mean that Pres BO's expansion of governme...
- Did "Hope and change" start a trade war over 97 Me...
- Your weekend marriage counseling videos!
- Pres BO and the Dems love our allies, unless they ...
- 6 years later: The amazing story of Iraq!
- Shouldn't Pres BO tell us about the "expansion" of...
- Dear Pres BO: How is that trade war with Mexico go...
- Thursday's show: Brandi Chambless talks about the ...
- Will Pres BO & Sen Dodd give up their AIG money?
- Dear Pres BO: Listen to Coach K!
- Dear Pres BO: Alexander Hamilton would have read ...
- AIG bonus? Pres BO & Dems need to come clean and ...
- We love it! Mexico gives Pelosi a taste of her ow...
- Mexico has reasons to be very concerned about Pres...
- Speaker Pelosi is out of line with her immigration...
- Remember the stimulus bill?
- What happens when you don't read a bill? You get ...
- Obama White House: Too much Limbaugh rather than s...
- Pres Obama should listen to Gov Romney on the AIG ...
- And you want these guys running health care?
- The Dems show no respect for Mexico and/or NAFTA!
- Team USA got me excited about the WBC!
- A trade war with Mexico?
- When will Pres Obama stop all of the "phony" AIG o...
- Tuesday's show: A chat with Roger Mailhot about US...
- We remember Nat King Cole!
- Did Sec Geithner know about the AIG bonuses?
- Mexico is right about the trucks!
- Why would Raul Castro allow Russian planes to land...
- A word about Ron Silver
- Your Monday night humor: It's funny but it's not r...
- Great to see Reggie Smith, batting coach Team USA
- Go Aggies in The March Madness
- And on the 53rd day, he said that the economy was ...
- President Teleprompter!
- Lula to Obama: Free trade, free trade and free tr...
- Rain and more songs about rain!
- Keep GITMO open!
- Some amazing numbers about the war in Mexico!
- Trust me: We are not the only ones concerned about...
- A word about Mike Modano
- Rain!!! My umbrella and listening to The Cowsills!...
- Thursday's show: A conversation with Brandi Chambl...
- Romney stands out
- Obama broke a campaign promise about "earmarks" an...
- If you are coming to Dallas....bring an umbrella!
- How political is the BO White House?
- Will Pres Obama ever put a team together?
- Tuesday's show: A chat with Allan Wall about Mexic...
- Bring Guy back to Dallas!
- A "Mexico boycott" is a very bad idea (for both of...
- The Twilight Zone: The markets are tanking, Geithn...
- Obama's war on those who pay taxes!
- What's all of this about Pres BO's hair turning wh...
- "Tax the rich" will kill jobs not rich people!
- The Limbaugh Distraction # 3: Where was the outrag...
- Congratulations to ESPN for the Joe DiMaggio tribu...
- The great Limbaugh distraction is all about changi...
- Earth to "yes we can" screamers!
- Gingrich has the right idea
- BO is not ready (and we are not the only ones sayi...
- Pres BO's choice: Help poor black kids or carry th...
- March 1969 and lots of CCR on the radio!
- Obama doesn't have a clue of how difficult this jo...
- Your weekend reading: Krauthammer looks into "hope...
- The Stars really miss Morrow!
- Cheers for Texas A&M baseball!
- Andruw Jones could be a huge addition to the Range...
- Why was Pres Obama so rude to PM Brown?
- Pres BO needs to get over Limbaugh and start gover...
- Are markets scared of Obama?
- Dear Pres BO: Stop pretending!
- Thursday's show: A chat with Rick Moran!
- Get well Barbara Bush!
- Remembering Patsy Cline
- The Obama White House vs a private citizen
- BDS: "The Bush Memos" is the latest episode!
- Why $900 million for Hamas? Give it to Mexico!
- On Iran and Russia, Pres BO is projecting weakness...
- Red state Dems freaking out over Pres BO's spendin...
- Wed morning humor: Rangel and Geithner preaching a...
- How can Pres BO sign this "porky bill"?
- Attacking Limbaugh is better than talking about Ob...
- The stock market is like Dickens' "Ghost of Christ...
- Your Tuesday night humor: The Obama administration...
- Another Dem with tax problems?
- Paul Harvey and "The Philadelphia Story"
- The markets are dropping! Geither is MIA! So Obam...
- BO's bad decision for Mexico!
- Monday morning humor: Snow and the global warming ...
- Hug a "yes we can screamer" because BO is going to...
- We like Canada's PM Harper!
- Pres Hysteria wants you to think that it's 1933......
- BO's deficits!
- Obama is "class warfare"
- Romney wins the CPAC straw poll
- Make sure you catch Rush Limbaugh's speech!
- Another word on Pres Obama and Iraq!
- When is Pres Obama going to say something about Me...
- I will miss Paul Harvey
- "Rubber Soul", the best Beatles' album!
- February (107)
- January (131)
- December (116)
- November (98)
- October (107)
- September (90)
- August (104)
- July (137)
- June (131)
- May (129)
- April (96)
- March (84)
- February (95)
- January (85)
- December (103)
- November (108)
- October (94)
- September (85)
- August (70)
- July (90)
- June (84)
- May (101)
- April (111)
- March (109)
- February (98)
- January (105)
- December (120)
- November (109)
- October (142)
- September (120)
- August (109)
- July (78)
- June (63)
- May (45)
- April (40)
- March (72)
- February (81)
- January (66)
- December (82)
- November (46)
- October (33)
- September (39)
- August (42)
- July (32)
- June (30)
- May (28)
- April (9)
- March (24)
- February (18)
- January (17)