OBAMA SPEAKS THE DOW CRASHES
Obama speaks and the Dow crashes. A special hat tip to Mike's America for the excellent graphic on the down slide of the Dow. Notice the massive slide the Dow took. Many pundits are blaming this On European struggles but it seemS much to coincidental that Obama once again spoke with empty words and the Dow skids the next day.
When Obama spoke about the downgrade of The United States credit rating from AAA as Obama hit the airwaves with his take, you know the blame game it's every ones fault but mine, the Dow dropped over 400 points as he was speaking and never recovered that day. The next day it rebounded some then Obama spoke the following day and the Dow crashed again.
This is not the first time the Dow responded to an Obama speech of empty announcement by crashing. In fact the Market has had nothing but negative responses to Obama speeches and empty promises. Either a large crash follows or the Dow remains stagnant in response to this economically illiterate President.
Business knows that Obama is their enemy. Business knows that Obama economic policy is at fault for the problems this Nation is facing today. Business recognizes empty promises and rehashed failed programs that stimulate nothing and damage an economy because they depend on government and government alone.
So Obama speaks and the Dow crashes. He has falsely claimed to have reversed the recession. Well the evidence proves just the opposite. He has claimed that he saved the country from depression. Yet every time he speaks the Market crashes. Obama of and by himself is a depressive influence on our Nation. At this rate if he keeps opening his mouth and continues the failed policy, he will also be solely responsible for placing us IN a depression.
Ken Taylor
posted by The Liberal Lie The Conservative Truth | 10:05 AM
4 Comments:
Yeah, but Ken, according to Obama it's all the Tea Parties fault. Or George Bush, or the earthquake in Japan, or the Arab Spring, or, or, or.
Somehow he NEVER connects HIS actions/inactions with the repeated votes of NO CONFIDENCE coming from Wall Street and the American People!
Mike, his arrogance will not allow him to admit he is an absolute failure even with the tremendous evidence proving it.
Paraphrasing, those who fail to learn the mistakes of history are destine to repeat them. Ronald Reagan and George the first left us with huge federal deficits. George the first said read my lips no new taxes. Once he got in office he found the deficit was a major drag on the economy. Ross Peroit campaigned focusing on the deficit and stole many conservative votes thus giving the election to Bill Clinton. In 1992 the Democrats controlled Congress and the White House. They passed "Pay Go". No new programs without cutting an old program and or raising taxes to pay for the program, there was a Clinton tax increase, but all new revenue went to pay down the deficit left by Reagan and Bush. Wow, what an idea and it worked. From 1992 to 2000 we had the strongest economic growth in history. GW Bush did away with Pay Go. Bush Tax Cuts, Two WARS, No Child left behind, Prescription Drug Benefits for Seniors all unfunded BARROWED programs and we Republicans kept our mouths shut. No one but John McCain spoke out and he was shouted down by the Karl Rove machine and right wing talk radio. The crazy tea party rednecks have ruined the moderates of our party. Stop shouting us down and lets do what works,
Rex,
No stating of facts or logical reasoning will register with those who lack the ability of critical thinking. They are more interested in sound bites, ad hominem attacks, and simplistic world views. Cause and effect are foreign languages to many in this crowd.
The last year, since the 2010 elections is a good example. The GOP talking point before and right after the election was Jobs, Jobs, Jobs. They claim they heard from the American people, and they will take action. Right!!!!
What did this Congress do as they began their Jobs, Jobs, Jobs program. Nothing; Nada; Zip!! To this day, there has been no job bill submitted, and I expect none will be submitted prior to 2012 (or ever, for that matter). Yet the people are still clamoring for jobs while at the same time not recognizing the bait and switch the GOP pulled, and how the were deserted.
All because facts, such as these, are unimportant to the GOP base. They've been brainwashed to believe what they're told today, and forget what was said in the past. That would take critical thinking and remembering facts.
Too bad; they can be their own worst enemies.
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deserted [past participle, past tense of de·sert (Verb)]
1. Abandon (a person, cause, or organization) in a way considered disloyal or treacherous
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