Thursday, March 05, 2009

The "recovery" continues

Obama calls this a "fluctuation" in the market. It isn't a fluctuation if it never goes up.

9 comments:

jhbowden said...

The socialists will dig deeper; they are not interested in a recovery. As Rahmbo recently put it, "you never want a serious crisis to go to waste."

Scorpion said...

I'm beginning to wonder how low will it go...and..for how much longer...it would have to have some type of movement upward also for it to be "fluctuating".....

Anonymous said...

"they are not interested in a recovery..."

no, they are not

neither are your people, but that's another show, LOL!

but, no, indeed, they MEAN for this to transpire, the way it is

from what you've been able to figure out about the barkster, what would you guess his attitude toward the markets is?

he sees the "fat cats", the ones who "deserve less"

hell, if he doesn't think we deserve lower prices and a little tax break now and again, what do you imagine his attitude is, toward the institutional investor?

and, it's not incompetence, as much as it is intent, for, if his concern was the investor class and the state of the markets, why would he focus so sharply on healthcare reform and cap and trade this week, hmmmm?

this was all planned out months ago, and HAS to happen for another road of bad intentions to be paved for us...he's watched this done before, PNAC, the "new pearl harbor", and the resulting "islamofascist" panic

they therefore realize it will work

again, in chaos, they can steal

"I'm beginning to wonder how low will it go..."

me, too

"it would have to have some type of movement upward also for it to be "fluctuating"....."

there really is so little activity

what's amazing, is how every time barky or geithner speaks, it plunges

the other day, when tax cheat geithner mentioned playing a larger role in "policing" taxation compliance issues...meltdown

i thought larry kudlow's eyes would explode...

Ron said...

Again the stock market is NOT the economy! Two or three people or hedge funds can turn the market any given day. That said, yes are economy is in the tank. You just figuring that out?

Obama is trying to save capitalism from failure. Save it from turning into the end of that quite accurate game of capitalism, monopoly. Something you guys will surely shriek in horror at but it is true. Nearly all of this money will go to private companies and individual workers.

You can rant your socialism crap til the cows come home and produce green cheese but it just makes it obvious you have no clue what socialism even is. If my choice is government action ie..socialism or a conservative viewpoint that government is always evil and the best we can do is have government do nothing...let the victors pick up the scraps...I choose socialism.

You guys have a lazy, thoughtless, idea starved agenda that is proven in front of every living persons eyes to be WRONG and a failure. Your blame the other guy for every failure of your policies is childish at best.

There are some things that I disagree with Obama on. I don't think the bankers should be getting any more money. Break'em up and sell them off. Leveling the playing field is the only thing that will save capitalism.

Ron said...

Oh, and I apologize to Rush Limbaugh for being a socialist.

Anonymous said...

"Leveling the playing field is the only thing that will save capitalism..."

i disagree, it is corporatism they are saving, not true capitalism

they speak of a "free market" as if the republicans had actually achieved it, in actuality, we will never achieve that lofty goal, if even possible, with endless bailouts

the bailouts themselves will set the populace up for an even harder and more intractable crash, and i repeat, they will NOT achieve their supposed objectives anyway, for none of the trigger mechanisms and fundamental weaknesses are being addressed, in the least

who ever heard of a "stimulus package" that doesn't include some sort of startup provision to provide small business loans for laid-off workers, who will likely never find employment, and the ones thoroughly disgusted and distrustful of employers in general?

how can you have a conversation about capitalism without promoting entrepreneurship, and rewarding initiative and discipline?

barky, pelosi, reid, etc.'s plan is being denounced as socialistic but that's only half the story, we're only socializing the losses!

you can't have it both ways, it cannot work, and those of us who disapprove of barky's plans are correct not to want it to succeed,
for a nightmarish precedent will have been set, our sovereignity is over, and we will be doomed

Anonymous said...

Looks like Obama's milking this crisis much as Bush milked 9/11 and his GWOT. Different political parties, different issues but same approach.

jhbowden said...

"Obama is trying to save capitalism from failure."

Ron, Obama is about CHANGE. Not more of the same. He is trying to restructure the market economy into something very different. Obama has HOPE.

Hash may be right in that the 'f' word is more appropriate than the 's' word -- we may get something that looks like Mussolini before this is all over. "A strategic partnership between business and government," as Mrs. Clinton puts it. Best case scenario -- we limp by with only our healthcare and energy sectors destroyed.

Anonymous said...

Oh drats...the Dow's up 379 points today. Time for a new graph?