Barack Obama, Stock Market Strategist

Reader Comments

Back to blog

I don't think the world economy's rescue will success without consider the world political matter.

Since the super power try to safe themself by throuwing the weapon irregulary and definately spark the conflict and civil war everywhere.

The government also should heavy punish the turn down economy crime, these white colar are so enjoy by cheating the world people.

kuku 7:25AM March 09, 2009

It's real funny but I am looking at charts on any financial page. The market topped in 2007. Since that artificially inflated bubble, the market has gone from 14000 to 6500.

The 1500 point drop since election day is pretty small beer compared to the 6000 point drop of last year.

can'tfigurethemath of NE 12:44AM March 09, 2009

Your right. Obama knows exactly what he is doing with the stock market. He is re-distributing wealth. How can anyone use the terms Obama and honesty in the same sentence? There are many people in the stock market that are not rich and have not speculated, but are now losing everything they have saved their entire working lives. And, they didn't borrow money they knew they couldn't pay back... like failing mortgages.

What liberals are misunderstanding is that Obama is not re-distributing wealth to help them... he is re-distributing wealth to help himself gain more and more power. The more people need to obtain from the government, the more the politicians are needed. Unfortunately, spending big has become an issue with both major political parties... It's funny, the higher level politicians of both parties seem to be wealthy off our labors.

Heather of DE 8:04PM March 05, 2009

Every village needs an Idiot. We just didn't know how big. A man runs our country during a financial crisis that does not know a P E Ratio is not a "profits earning ratio". Do not get into a "short sale". He may think it is a end of summer clearance. We are sooooo screwed.

B Dahl of SD 4:43PM March 05, 2009

Community organizer..what more do you want?

Iwanthimtofail of DE 3:33PM March 05, 2009

Robin of CO,

Liberals lost their right to have an opinion about anything once they decided to have the wrong opinion.

Jim of NC 1:53PM March 05, 2009

Barack Obama is implementing the classic con man tactic of say what they want to hear and do the opposite. Every speach he has given has sounded great. I totally bought his line of bull. Why should we expect anything else. He is in the same mold as Bernie Madoff. Our government has taken a page from the Wall St crooks handbook.

In his fake first state of the union speach, he said something like "sometimes we would like to redecorate and buy new curtains, but we really need to rebuild the foundation"...Remember that ? He followed that with deciding that rather than work on the foundation, he would add a second and third floor to the house with a bad foundation. He's also said that he's not in favor of growing the government. He said that the week before he proposed doubling the size of government. Do you see a pattern here?

remember the phrase 95% of Americans will get a tax break..They will not pay one dime of extra taxes... Now we know that he is proposing to raise the capital gains tax, increasing the tax on oil and gas, and a whole host of "revenue enhancements" the classic con. Once the con is done, there is nothing you can do about it, at least in the short run. That is why he is in such a hurry to get it done before we discover the con. CON MAN OF THE CENTURY.

Steve of CA 12:56PM March 05, 2009

Its price earnings ratio not profts earnings, as obama said. If he had an inkling he would know his policies are undermining the E part. No one knows how his taxes and plans will hurt the E of companies he dislikes.

steve berk of CT 5:18AM March 05, 2009

So, Robin of CO; it will take both sides to find a solution.

Step 1, lock Republicans out of deliberation and writing of the stimulus package.

Step 2, blame Republicans for not being on board.

Step 3, say it's going to take all sides to fix the problem.

Where exactly in there do you get any input from any side except Obama & Pelosi? Anyone talking about any Govt. spending cuts, tightening the budget, perhaps spending less than 30%+ of the GDP every year for the next 4? Maybe not borrowing money we can never pay back?

Or did you (like Obama) just want "input" from others so you could ignore it? A really serious problem that had a solution written Thursday night and voted on Friday morning, 1000+ pages of legalese that nobody could read or understand before voting? These are the serious, sober, responsible, "very smart people" you want me to trust?

I'm not sure "very smart people" are trying to figure it out. Your "very smart people" are telling us that every dollar spent by the Government on anything results in a 1.5 multiplier... which means all communist countries see a 50% economic growth every year; right? That's just one clear logical flaw of many from these "smart people".

Maybe they aren't very smart at all.

Gekkobear of CO 7:04PM March 04, 2009

It won't be long before Obama's useful idiots in the press tell us that "you can't make an omelet without breaking a few eggs", just as Stalin's New York Times mouthpiece Walter Duranty like to respond when confronted with Stalin's atrocities.

Obama doesn't care about hurting Americans. He is out to remake the country - if people get hurt, that's just the price of progress.

The man is a Stalinist.

Dean of MN 3:11PM March 04, 2009

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

advertisement

advertisement