If Acting President Obama says the Earth is flat, is the Earth now flat? Or is it just that Obama lies?
Bawney’s Fwank and Chris Dood with a little help from the CRA and BJ Clinton drove us in the ditch. Bus tried to stop the failure, but as usually, the Democrats blocked the action.
If Acting President Obama says the right level of CO2 for planet Earth is 300 ppm, are we to assume that the correct level of CO2 for planet Earth is 300 ppm? And how would Acting President Obama or any of his crackpot scientists know?
tom
Hawk, Obama is the Messiah, remember “yes we can”,and his I,I,I campaign?
Would you shrieking queens like to pour a little more drama on this freak out?
Hawk
The point of the article is that the market drop is Obama’s fault despite the fact that he has only been in charge for one month. It is a post hoc ergo proctor hoc argument which is a weak logical argument anyways. The fact that Obama ran for President and won at the same time that the market fell does not mean that the market fell because Obama won.
imagine
Jeb Bush and S. Palin in 2012
that’ll fix everthing!
carrick
Hawk:
he point of the article is that the market drop is Obama’s fault despite the fact that he has only been in charge for one month.
It wasn’t just “despite that”. You are misinterpreting the thesis of this article.
it was because the market anticipated a sharp move to the left towards socialistic control of the enterprise system. And how much profit an enterprise can make has very real implications for the valuation of that enterprise. Restricting profit (which is an inherently socialistic practice) devalues the worth of the market, therefore we’ve seen a near-historical plummet in the value of the market.
I agree that what we have here is correlation, not causation.
But it does make the plausible argument that the market is reacting very negatively to the idea that we should abandon the very same free market system that has allowed such a high level of prosperity in our nation compared to other more socialistic nations.
carrick
Hawk:
Bush drove us into a ditch
That wasn’t the point of the article.
If you have something constructive to say in criticism, address that.
That is your future while we roll over you with as much socialism as we can cram down your filthy little throats.
All the supposed economic success of the reagan years now gets credited to Carter.
You people are whack. Only the hardcore nuts believe you. The rest showed republicans the door in 2006 and 2008.
JK
All the supposed economic success of the reagan years now gets credited to Carter.
DINO on February 23, 2009 at 02:58 pm
Saying it doesn’t make it true.
DINO on February 18, 2009 at 09:05 am
http://sayanythingblog.com/ likwidshoe
Just look at Obama and his supporters: angry, vengeful, projectionist, and promising to take away as much freedom as they can get away with.
The market sees this.
Kay
All I know is that, since Obama won the election, we have seen our daughter’s college fund drop $700… My measly little stock funds have lost $100 in value. They were doing just fine up until then.
Hawk
Bush drove us into a ditch and you expect Obama to get us out in one month.
Mickey
Rob,
Correct. It doesn’t take a rocket scientist to see that Americans, those worth their salt, don’t want anything to do with Obama. Only the freeloaders support his Marxist agenda.
Back in September 2007, Fannie Mae began its two month downward spiral that would culminate in its November crash. Then, in September 2008, the “Obama Effect” caused a strange one to two hour electronic run on US banks to the tune of $550 billion before authorities were able to put a stop to it. One Democrat–Rep. Paul Kanjorski of Pennsylvania said that if authorities had not closed the banks, $5 ½ TRILLION would have been withdrawn from US banks, which would have caused the collapse of the US and within 24 hours the collapse of the world’s economic system.
Now we see what one month of the “Prophet of Doom & Gloom” is doing to our Wall Street. Even Jimmy Carter wasn’t this big of a cataclysmic disaster as Barrack Insane Obama.
Bat One
The fact that Obama ran for President and won at the same time that the market fell does not mean that the market fell because Obama won.
Hawk,
By your own “logic” then, the fact that an economic downturn has occurred at the end of Mr, Bush’s term would have nothing to do with Bush? Is that really what your suggesting?
Mickey
Obama and company are quickly becoming a laughing stock in politics.
Just remember stems, the last Depression happened after 30 years of republican rule allowing for the election of the near-socialist FDR. Then in the subsequent elections republicans dropped to 19 percent of Congress. NINETEEN PERCENT.
That is your future while we roll over you with as much socialism as we can cram down your filthy little throats.
OPEN WIDE!
Mickey
imagine,
sounds good
robert108
Hawk and dumb little dinostem just can’t stand facts and reality.
http://www.willisms.com/ Zsa Zsa
Expecting Obama to dig us out of a ditch is the most unrealistic expectation. He is a Socialist. Obama is NOT making things better by digging us in deeper. IS HE? Hawk, the partisan, anti Bush rhetoric doesn’t quite make for a good argument these days. Obama is digging US into an even deeper hole imaginable. Obama being in office for one month has done more damage than any President I recall in history. It is time to STOP the Spending our way out and allow the free market to work! When you are in a hole STOP DIGGING!
Hawk
Bush was in charge setting policy. He owns it. The captain goes down with the ship.
I know it goes against the grain to hold Bush accountable for anything, but at some point you sound ridiculous.
http://www.dartemis.net/blog/ sayanything-42
Someone needs to teach Obama and his sycophants the first rule of holes.
sayanything-2483
Bush drove us into a ditch and you expect Obama to get us out in one month.
Hawk on February 23, 2009 at 10:12 am
No one expected him to get us out of the ditch in a month, but to dig the ditch twice as deep doesn’t make sense.
sayanything-2483
out of touch with reality.
DINO on February 23, 2009 at 10:15 am
Funny coming from you. LOL!!
http://sayanythingblog.com robport
But it does make the plausible argument that the market is reacting very negatively to the idea that we should abandon the very same free market system that has allowed such a high level of prosperity in our nation compared to other more socialistic nations.
Exactly right.
Hawk and others try to discount this by claiming that because it isn’t a throughly-researched comparison between the rise of Obama and his liberal policies that it’s a worthless comparison.
Correlation is worth noting for the purposes of debate.
And, again as Carrick points out, it’s not hard to imagine that the market is reacting to Obama. After all, smart investors act instead of being acted upon. They’re not going to wait around for Obama to hike up taxes and regulation. They’re going to get their profits and get out of the market while the getting is good.
I’ll bet, if Obama promised to continue the Bush tax cuts for example, that we’d see a massive market turn around.
Because that’s the sort of thing that really stimulates economic growth.
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