"More than $1.6 trillion was erased from U.S. equities since Jan. 20 as mounting bank losses and rising unemployment convinced investors the recession is getting worse. The president is in danger of breaking a pattern in which the Dow rallied 9.8 percent on average in the 12 months after a Democrat captured the White House, according to data compiled by Bloomberg."
Sure Mary, I'm starting to see "I Miss W" bumper stickers all over, even some "I Miss Clinton" to go along with apology pictures of voters who cast their vote for Obama last November.
Posted by peter at March 7, 2009 09:20 PMOf course pants pisser is wishing the trouble started on January 20...where's Muckdog to tell us the market is going to 20,000 in 2010....wonder how petey likes dear leader Rush?
Posted by Goyo at March 7, 2009 10:48 PMMary, the pathetic thing is we all knew what and who Bush was long before America woke up. How many times did we say America was going to get exactly what it deserved. Well, we did.
Posted by Judith at March 8, 2009 05:27 AMIf I remember correctly, Muckdog was wrong on everything. Can we all say "no credibility."
Posted by Judith at March 8, 2009 05:30 AMWhew, and the guy VOTED for Bush in 2004!
But Bartlett didn't say that it was usual to leave these "signposts" for after the previous administration left office because they had access to all the data.
Whew.
Posted by eva at March 8, 2009 07:09 AMW's business record was clear, every business he worked on tanked, then he would engage in insider trading or get bailed out by wealthier patrons, and he would move on with little or no self-scrutiny. There is nothing to suggest he ever learned from his mistakes, and of course, he is not sure he made any.
He is some kind of strange manifestation of the Peter Principle, but instead of being promoted until he proved incompetent, he was incompetent from the git-go and kept getting elevated. It's little wonder that our resident peter reveres W, W is like the Peter Principle elevated to it's illogical and disastrous conclusion.
I have no sympathy for folks who voted for the guy. The record was clear. Crony capitalism. That was the appeal. Everybody that wasn't in on the take is going to express reservations now. Who cares? Too late.
Posted by mike at March 8, 2009 08:32 AMWas/is Paul Krugman on the 'take'? Volcker? Krugman say Obama is dithering. Volcker wonders where all the help for SecTreas is. Defense Dept. fully staffed, Treasury...looking like a lot of foreclosures, lots of empty desk there. ABC reports today that at 6AM: "President Barack Obama has chosen three people to join the senior ranks of the Treasury Department, where a slow pace of hiring has put the agency on the defensive." This is a start, where are the other 14? Look at all the stress this is placing on our president, a 6AM announcement on Sunday!
There's a Newsweek poll about your Rush reference Goyo, only 14% believe Rush is leading the GOP, right down there with Congress's approval ratings! It's so nice the WH took time to craft this strategy while the economy suffers so.
To answer your other point...down 20% since 1/20/2009, the only other Democratic presidents to see this number were Woodrow Wilson and Jimmy Carter. Amongst Republicans, there's Hoover and Bush, of course Bush hit the mark on 9/20/2001! So, isn't it nice to see the company President Obama keeps, Bush, Hoover, Carter, and Wilson? There's no President Clinton mentioned there. But hasn't President Obama surrounded his admin with Clintonians?
Posted by peter at March 8, 2009 09:30 AMMike, well put.
Posted by Judith at March 8, 2009 10:25 AMBush was never honestly elected. Bush was a coup d'état, cemented by 9/11. Voting or not voting for him was superfluous. The fucks who run things wanted this asshole puppet in there, and that was that.
The only vote I have ever cast for president that I regret is my vote for Bush in 2004. That is because I knew better at the time...
Statements like this are useful, in that they make me not waste a single further second of my life listening to anything the author has to say.
Dumbfuck. Go hide in shame forever, where you fucking belong. We all care so much about your intricate thought processes that a six-year-old could have clarified. Jesus!
Posted by Sharkbabe at March 8, 2009 10:46 AM
Funny shark, Republicans expressions having more import to you than Democrats! Make sense though, Obama has been disappointing in many ways, as are the Speaker and Majority Leader.
Posted by peter at March 8, 2009 11:08 AMKeep pissing yourself petey..it's what you do best..more of ppp's wishful thiking/delusions..we miss the chimp bumper stickers..heh..in what"s left of your "brain" only ppp..get back on you meds asshole;you're an obvios danger to the public..
Posted by headxray at March 8, 2009 11:44 AMThe fact that W. has made no public statements since leaving office, on economic or any other subjects, is also evidence that he couldn't be bothered about anything but himself.
Other than one appearance at a local hardware store, has he made any news at all?
Posted by swoosh at March 8, 2009 12:56 PMReaganomics is still the coin of the realm on Wall Street. It is--quite literally--a no-brainer. An article of faith. Tax cuts rule!
Nobody wants to see the markets tanking, but Obama should pay no attention to all the Wall Street whiners. They don't even know what's good for themselves, let alone what's good for the country.
Wall Street represents over 100 million people, voters, investors. "They don't know what's good for them." McCain only received some 59 million votes, you're saying that more than half of Obama voters don't know what's good for themselves. Sure....
Posted by peter at March 8, 2009 08:08 PMPetey,
Wall Street "represents" no one but the few thousand pathologically venal sputa, who live and work in an odd little enclave wherein there are only "Movers" and "Marks". The marks exist to be fleeced and the movers are the only important things in the minute, mental universe infested by these particularly malorodous specimens of human waste.
The marks actually DON'T "know what's good for them", because they are never allowed to KNOW what's being done behind closed doors, within closed minds. The "Movers" are delusional, used asswipes who couldn't be bothered to think about what's good for anyone else. That would be LIBERAL, or even worse, FRENCH!
They, and any of those who might choose to admire such Fucks, need to be picked up by their scruffy necks and shaken until relieved of their ill-gotten assets. They should then be discarded to the curb with extreme prejudice, never again to be heard or admired. These, (to themselves) "Masters of the Universe" are a truly sick lot. Their "fingers" need to be broken (if necessary) from their Vulcan Death Grip on the levers of power and wealth.
Naturally, I blame Obama! He's had 7 WEEKS! What does he need - 7 MONTHS? Slacker!!!
Posted by DeminNewJ at March 9, 2009 12:33 PMThe pants pisser knows that his loathsome movement is permanently dead if it is perceived that Obama's policies succeeded. Thus the lowest forms of Repub scum--like peter--are bravely engaged in the front lines of hoping, praying and "arguing" (without coherence) that Obama is failing---a whopping 7 weeks into the admin.
Dems argued in 2001 and 2003 that Bush's econ policies would prove harmful and fiscally disasterous, but allowed the Repub majority to enact them. Repubs in 2009 are instead working (immediately) to block the economic policies of Obama, because they fear they will succeed if enacted. That's their real "motivation": create failure, not just predict it.
Repubs like Peter hate the country and the majority of its citizens, that's been clear for many years, his soldier-hero ass-licking notwithstanding. His crazed idea that he's "patriotic" is comic.
He's a Repub parrot, hoping for greater economic failure and disaster, nothing more. His "movement" means far, far more to him than his country and its success. Sick.
But exactly what's going through the mind of every Obama-hatin' conservative out there. Think of the Nazi dead-enders in Berlin, May 1945, the Russian guns pounding the last Hitler Jungend positions, and Templehof airport long in Ivan's hands.....no way out.
Posted by euzoius at March 9, 2009 01:56 PMA Euz, the majority of 'us' want and need Obama to do something successful. So far he has followed the great George Bush. We could call him George W Obama so far. Bush, after 9/11 told us to shop, never asking for sacrifice. Obama's told us that 95% of America will not see their taxes go up. No sacrifice either! In Bush's years, one was unpatriotic if one didn't support the Patriot Act. In 2009, it's the "Stimulus" bill. President Bush spent $600 billion plus for Iraq. President Obama wants to spend $600 billion on healthcare. Same results are probable. With Bush, we had a rush to judgment, the same with Obama.
So many parallels...Holder using the "State Secrets" clause. Obama defending Bush records all over the place.
Take today, President Obama expanded government sponsorship of stem cell research. President Bush did the same thing years ago. President Clinton didn't do anything but sign a restrictive bill in 1995 into law...and it's still on the books today. According to MSNBC, this expansion only nets us another 9 lines? Doesn't seem like very much of an expansion. Don't get me wrong, I was okay with where it was. I believe research along adult lines are far cheaper with dramatically better results.
Posted by peter at March 9, 2009 02:22 PMPter, I could respond to your torrents of nonsense, but why bother?
You are as intellectually dishonest and poison-brained as it is possible for any person to be. I don't know how you actually function in society.
Blind opposition solely to somehow "benefit" a failed and discredited movement. Pathetic.
Posted by euzoius at March 9, 2009 02:37 PM