The first 30 days of Barack Obama’s presidency have been the worst for the Dow Jones Industrial Average since 1933.
Since Mr. Obama’s inauguration on Jan. 20, stocks have plummeted precipitously. The Dow closed at 7949.09 on Jan. 20, and closed yesterday at 6763.29. The fall is roughly a 14.9 percent loss. During the same period in 1933, the Dow fell from 61.63 to 52.54, a 14.74 percent decrease.
Yesterday’s slide landed the Dow at its lowest point in 12 years, on concern about further bailouts for Citigroup and AIG. Mr. Obama championed a $787 billion spending package intended to stimulate the economy and has been optimistic about a quick turnaround for the economy.
No matter what he says, the Market is going to behave like a Capitalist. If hard times are comming, the Government is interfering(sp), SELL!
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You will never force equality on a populace at the expense of the captitalist ideology. What you will force is a poverty state at the expense of those who are productive members of the society.
"No matter what he says, the Market is going to behave like a Capitalist. If hard times are comming, the Government is interfering(sp), SELL!"
Yeah,
I kind of agree if Douche hadn't been a complete puppet things might be better.
30 days is nothing compared to the time it has taken to get from the end of Reaganomics thru Clintons ride on that, to the shit storm that Douche created
wi11ie
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