Northwest Indiana Discussion

The mainstream media may think that Obama is "The One."

But financial markets worldwide have been falling since Obama was elected.

In just 2 days, the stock market and my portfolio have both fallen about 10%

The worldwide financial community thinks Obama is too stupid to know how to correct the financial meltdown.

And it is Barney Frank, Harry Reid, and Nancy Pelosi who gave us the subprime mortgage mess by insisting that people who couldn't afford house payments should own houses.

These dummies should be put in the stocks for three days without bathroom privileges

NEW YORK, Nov 5 (Reuters) - Wall Street hardly delivered a
rousing welcome to President-elect Barack Obama on Wednesday,
dropping by the largest margin on record for a day following a U.S.
presidential contest.
The slide more than wiped out the previous day's advance, the largest Election Day rally ever for U.S. stocks.
The following table shows the percentage rise or decline in the
Dow Jones industrial average .DJI, Standard & Poor's 500 index
.SPX and Nasdaq composite index .IXIC on the day after a U.S
presidential election and who won the Election Day vote.

Year Dow S&P Nasdaq President elect
2008 -5.05 -5.27 -5.53 Barack Obama
2004 +1.01 +1.12 +0.98 George W. Bush
2000 -0.41 -1.58 -5.39 No decision: G.W. Bush v Al Gore*
1996 +1.59 +1.46 +1.34 William Clinton
1992 -0.91 -0.67 +0.16 William Clinton
1988 -0.43 -0.66 -0.29 George H. W. Bush
1984 -0.88 -0.73 -0.32 Ronald Reagan
1980 +1.70 +1.77 +1.49 Ronald Reagan
1976 -0.99 -1.14 -1.12 James Carter
1972 -0.11 -0.55 -0.39 Richard Nixon
1968 +0.34 +0.16 --- Richard Nixon
1964 -0.19 -0.05 --- Lyndon Johnson
1960 +0.77 +0.44 --- John Kennedy
1956 -0.85 -1.03 --- Dwight Eisenhower
1952 +0.40 +0.28 --- Dwight Eisenhower
1948 -3.85 -4.15 --- Harry Truman
1944 -0.27 0.00 --- Franklin Roosevelt
1940 -2.39 -3.14 --- Franklin Roosevelt
1936 +2.26 +1.40 --- Franklin Roosevelt
1932 -4.51 -2.67 --- Franklin Roosevelt
1928 +1.20 +1.77 --- Herbert Hoover
1924 +1.17 --- --- Calvin Coolidge
1920 -0.57 --- --- Warren Harding
1916 -0.35 --- --- Woodrow Wilson
1912 +1.83 --- --- Woodrow Wilson
1908 +2.38 --- --- William Taft
1904 +1.30 --- --- Theodore Roosevelt
1900 +3.33 --- --- William McKinley
1896 +4.54 --- --- William McKinley


http://in.reuters.com/article/usMktRpt/ ... 1420081105

Aren't you the same kooks that were quick to point out that it was "Clinton's recession" in 2001 when Chimpy took office? When we were attacked on 9/11 that was supposed to be his fault too.

Now conveniently it's supposed to be Obama's fault that the market is diving because of AWOLs's failed economic policies, despite the fact that he doesn't take office for 2 more months? Got it!

No wonder your party is irrelevant!

Poor little artie.....

He can't delete the FACTS here so he tries to blame Bush for the way the markets have reacted to the new chimpy-in-chief elect.



The FACTS remain the FACTS.

NEW YORK, Nov 5 (Reuters) - Wall Street hardly delivered a
rousing welcome to President-elect Barack Obama on Wednesday,
dropping by the largest margin on record for a day following a U.S.
presidential contest. The slide more than wiped out the previous day's advance, the largest Election Day rally ever for U.S. stocks.

Could it be SATAN?!?

The military/prison/industrial complex warmongers maybe shaking in their boots?

For 2 years osama obama has been promising anything anyone wanted 2 days after he's been elected he now says
this is going to take some time..... How much 8 years......

Tomorrow's jobs report and slumping retail sales are probably the main culprit. I'm going to be enjoying the ignorant freeptard's feeble attempts to try and pin this catastrophe on Obama.

The stock market reflects what is happening now and expectations for the future.

The markets are saying that they don't think Obama and Congress have the answer.

Expectations that employment figures will be down tomorrow has long been priced into the market.

The falling stock market is based on a lack of confidence in Obama and the incoming Congress. It is a lack of confidence in the future.

See what the market does when Obama proposes increasing capital gains tax rates and congress pays back the unions.

Hardly. As you said, the report doesn't come out until tomorrow. So declines 2 days before the announcement and coincidentally just after the election would seem to indicate a lack of confidence in Obama to effect change for the better more than a 10% decline solely because of a single future report of past events.

As for Maxx's comments according to Obiden we may still need plenty of bullets. But even if they do strip military spending it will just be to afford more domestic "investigative agents," supposedly for "our own good."

Stick it to American companies!

Spread the wealth to those who don't work and to the government!

That should boost the stock market!

The unemployment figures are much worse than what they thought. Good luck trying to pin this on Obama. All it does is make your side look petty and desperate,much like the failed campaign of McCain.

I believe that the approved terminology is "change"......