Feb 23 2009
The Obama/Democrat Markets Continue To Tank
We have one clear indicator now visible regarding the Spendulus Package, the Bank Bailouts and the next round of Congressional Pork spending (the spending bills for the rest of the Government Fiscal Year (GFY) which the Dems decided to put off until Obama was in office). The DOW continues to tank – which is a sign of the total lack of confidence America has with the liberal elites and their risky economic schemes. Click on Image to get a closer view of the carnage.
At this rate the country will be bankrupt before the 4th of July. Thanks Dems! That’s some change you wrought.
BTW: This post is only good for today because I don’t know how to freeze the image to a single point in time. FYI – it will be gone tomorrow!
When those next 401(k) account statements go out in April, the Rick Santelli rant will look mild.
The lead that McCain took from the convention was undermined by TARP, but it was destroyed by the 401(k) statements that showed up in October.
Come April, I expect to see the Obama number go down the toilet.
As part of his new budget, Obama is going to raise taxes. He’s following the 1993 Clinton playbook word for word.
Why? Because of the supposed surplus Clinton and Gore managed to bring in.
I was already not happy with my 401K
No one knows when it will peak.
Oh! I mean bottom out.
The market votes no confidence – there’s lots of capital, but it’s sitting on the sidelines. Essentially, capital is on strike, sitting in supposedly safe treasuries.
I suppose the next move will be for Obama’s regime to start telling holders of treasuries if they don’t buy stock, Treasury will pull an Argentina and default on the bonds.
There is no safe investment or safe currency with the looters in charge!
The guy, our president leaps and then goes around looking.
Close Gitmo in one year, then send Holder to have a look.
No rendition, well short term rendition.
No torture…well maybe if the President says so.
Give away $786 billion and $275 billion, now we need a fiscal responsibility conference, gather the governors together to discuss the responsibility of fiscal spending. What about before the money was authorized.
The list is just partial. Is the President a joke? Oh I’m feeling sick.
The guy, our president leaps and then goes around looking.
Close Gitmo in one year, then send Holder to have a look.
No rendition, well short term rendition.
No torture…well maybe if the President says so.
Give away $786 billion and $275 billion, now we need a fiscal responsibility conference, gather the governors together to discuss the responsibility of fiscal spending. What about before the money was authorized.
The list is just partial. Is the President a joke? Oh, I’m feeling sick.
No, no ,no. You have it all wrong. This is BUSH’s market decline, not Husseins. Sure, democrats controlled congress for the past couple of years, but Bush was the president. And everybody knows it’s the president who is responsible for the economy! That is, republican presidents are responsible for the bad ones, democrat presidents for the good ones. I mean, if you don’t believe me, read the NY Times. Or Newsweek. Or Time. God knows, they’re never wrong, completely honest and never, never biased.
AJ
Tech tip
The image you linked is a png image.
All you do is right click and save it to your hard drive , then for best universal usage use any photo program to convert it to a jpg file.
Save out to any photo sharing website that allows hot linking and then point to it instead of the yahoo site and it will remain valid as long as you keep the image on the photo sharing site or even move it to your website in a photos directory and point to that.
Thanks Merlin.
I tend to limit the images I host here – but you’re right. I could capture it and keep it. Just swamped!
AJ,
Here is a embed link to today’s graph.
(Just add the to the front and back.)
I saved it for another blog that I post on.
Feel free to use it if you like.
a href=”http://s100.photobucket.com/albums/m20/hutch123/?action=view¤t=dow22309.png” target=”_blank”></a