Comments on: Wall St. Falters Amid Investor Uncertainty

Stocks Follow Up Dismal Week With More Losses As Pessimism Grows

[scb1111_1]

All you Obama supporters last Nov and Dec stated that as soon as Barack Obama took office on Jan 20th, that the Stock Market would start heading toward 15,000? What happen, were you all WRONG?

[scb1111_1]

Our Great Leader Barack Obama stated that the Stock Market has "evil and greedy" investors and the Dow Jones needs to be "destroyed", Great work Mr. President, only 6542 points to go! I believe you Obama will succeed it this task!

[despido]

This is curtesy of ABC News:
"An AIG report to the Treasury Department last month warned that if the government didn't come to its rescue again, its collapse would trigger a "chain reaction of enormous proportions" that would "bankrupt the entire system" and make it impossible for AIG to repay the billions it already owed the U.S. government. Four days later, AIG was given $30 billion in federal aid on top of the $130 billion it had already received."
-----------------------------------------------------
Dear Nancy & Harry,

If you do not send us the PIN code for the Treasury, the world will explode.

Greatfully.....
AIG
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Conclusion....
Bush gave total control over the last half of TARP to Obama in December. So it would be pretty tough to say Obama didn't approved this. Especially embarrassing after Obama complained about how the first half was distributed. If its so easy to blackmail these 3 clowns (Obama, Pelosi & Reid), perhaps Obama should re-think negotiating with the Taliban and Medvedev.

[scb1111_1]

scb1111 where in the world did you hear that s-h-i-t going to 15000 you are making this s-h-i-t up as you dream it up
Posted by aheadace at 3:25 PM : Mar 9, 2009

Many Obama Supporters stated that last Nov and Dec right here on this blog!

[scb1111_1]

We all were told that as soon as our Great Leader Barack Obama took Office on Jan 20th, the stock market would shoot up toward 15,000 points?
Posted by scb1111_1
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Who told you that? Obama never said any such thing and I know the wall street analysts never said any such thing. Tell us who said this.
Posted by obiden08 at 3:23 PM : Mar 9, 2009

Many Obama Supporters stated last November and December 2008 made those predictions right here on this blog!

[scb1111_1]

Question: Are you Wall Street Republicans still going to listen these clowns?
Posted by whitemale08 at 3:19 PM : Mar 9, 2009

Our Great Leader Barack Obama has SPOKEN! He promised to destroy this "evil, bad and greedy" Stock Market! Both Democrats, Republicans and Independents are getting their monies out like the Presdient Obama told them to!

[scb1111_1]

We all were told that as soon as our Great Leader Barack Obama took Office on Jan 20th, the stock market would shoot up toward 15,000 points?

[whitemale08]

Junkyard dogs Sean Hannity and Druggie Limbaugh have been discredited.

Question: Are you Wall Street Republicans still going to listen these clowns?

[whitemale08]

apart and start over. I dont think so. The movers and shakers of today will just take advantage of the chaos and we will be even worse off, Wall Street will own even more.
Posted by McHineguy at 1:53 PM : Mar 9, 2009 --

LIke I said,
you need to read my posts on what FDR did.

And as far as our industries are concerned, it's virtually too late to save them now, we should've been thinking about that instead of swallowing all of this garbage from junkyard dogs like Sean Hannity and Druggie Limbaugh who said 'the fundamentals of our economy are strong'.

As far as the 'rich' leaving for other countries, LET THEM!

We don't need them, we're the only Constitutional Republic on earth which means Parliamentry systems are weak and believe in serfdom over freedom and we have all of the natural resources, all of the labor, all of the empty factories available to START OVER with American capital not foreign parasites!

[hawksprings]

O ne
B ig
A rse
M istake
A merica!

It always takes Liberals a little longer to figure it out.

[rickwar98]

We give you reason and facts. You attack personalities. that is not a healthy way to run a country but it seems to be the Change we can believe in.

Posted by McHineguy at 2:19 PM : Mar 9, 2009

The people involved are attached to these personalities. They are leading the Republican, to where? Who knows.

As to specifics, Obama has given certain "insights" as to what he would like to see over 2+ years. Actual specifics in less than 60 days? Get real, until you get the true picture (which you won't get in 60 days) it's difficult to come to a firm decision. The other item at work here is the situation, due to Bush polocies or lack of that led to this situation, keep compounding and expanding.

But, back to the headline:

Wall St. Falters Amid Investor Uncertainty

Anyone who believed the stock market would not go down was foolish
Anyone who believed the Stock Market would always give a return was foolish
Anyone who invested all their money into the stock market was foolish in the extreme
The market was and isn't now a place for the faint of heart
The market is not just for long term investment, more money can be made in the short term.
Anyone trusting an investment house or broker to manage their portfolio and never make their own decisions was foolish.
The market is the market, not much different than a horserace, gambling the lottery, when viewdd as such you then realize how to play it and watch it. I've been doing it for 31 years and continue to play the market (I don't use the "invest" word) and have done quite well. I've never used a broker. Even in this down market I've made money, actually some days more than when the market was up.

[rhs648]

What is really sickening are the blind party loyalists that willingly put their political tunnel vision glasses on & proclaim that "their party can do no wrong". Those that are so self centered & stupidly loyal to a party instead of sound reasoning are really scary.
So, to those that are to stupid to realized that both Dems & Repubs equally put us in this mess we're in, find a cave & stay there until the more reasonable people can fix the problem! And take a lunch, it might be awhile.
Posted by Questionews

Is this something that government leaders can fix? Like a virus, perhaps it has to run its course. The thing most likely to bring us out of recession is when demand for goods and services picks-up. Somehow, that has happened every other time we had a recession. Two questions that mystify us are how and when this will happen?

[quickly101]

I am sick of Wall St investors. I'll tell you what is wrong with them, they are like a bunch of spoiled kids, they want instant gratification. Well those days may be long gone in our history. I invested for years in the stock market taking the long term outlook advocated by brokers. It doesn't work. My investment was the same at the end of ten years like it was the day I invested. The stock market has been and always will be controlled by speculators. They brought it down in 1929 and they have brought it down off and on ever since. The average American has no business investing in the stock market. I still can't believe Dubya wanted to invest social security funds into it. All of the pension funds currently investing in the mess should get out and stay out. In my book the stock market sucks yesterday, today, and tomorrow.

[speakinup]

yup - President Obama's stimulus package was a real inspiring piece of pork, wasn't it ?

I see it really gave the DJIA a huge reason for "hope".

Question - if it was dang important to get it out there - remember BO's statement - time for talk is over - time to pass this thing - more people are being unemployed every day.

How come the unemployment rate is accelerating ?

Why is the DJIA dropping faster since this farce was passed ?



Simply put, Barrack Hussain didn't want its 1000 pages read before it was passed.
He wanted PORK!!

[rhs648]

Obama asleep at the wheel while we all lose trillions. Obama's change = "forget about retiring" Walmart will have millions of applications from soon to be thought to be retirees.

Obama, Change we can believe in. my ass.
Posted by Socialistnation

It is funny to hear prople criticize Walmart. Walmart provides jobs to people just as Home Depot and Lowes. Nobody forces people to work at these places. As with any employment, these places provide paychecks.

[rhs648]

A prolonged recession! It will end just as a Republican replaces President Obama and the Republicans will get credit for ending it. Where is the justice?

[bobnjersey]

[1. The fact that the stock market had bottomed out at 8000 for two full months.
2. The fact that unemployment had slowed significantly.
3. The fact that holiday shopping had showed only a small decline from 2007. ]
[Posted by McHineguy at 2:11 PM : Mar 9, 2009 ]

none of these are facts.

who says the market had bottomed? the fourth quarter and year end results for every company in the world was yet to be announced. i assume you and everyone you know bought into the market at this point ... since it had bottomed.

unemployment is both seasonal (it's christmas) ... and also subject to end of year reports.

as far as sales go ... in most sectors it was down double digits. lowest in over 20 years.

http://www.cnbc.com/id/28387383


so much for bush having it all under control.

[McHineguy]

Just imagine if they had poured social security into wallstreet like bush wanted to. We need a congressional investigation into the hedge fund investors. This housing debacle looks engineered. The deck appears to have been stacked. I say bring in the former enron, "most desired" employees from morgan stanley and goldman sachs and see what they have to say. The same ones that went running for the exits when the senate wanted to investigate.
Posted by rightaboutit at 2:14 PM : Mar 9, 2009

I have lost of my IRA since this began.

BUT IT STILL PAYS BETTER THAN MY SOCIAL SECURITY!!!

And I put less into it.

[McHineguy]

and what of the others ... patriots?
Posted by bobnjersey at 2:02 PM : Mar 9, 2009

Unfortunately, they are chasing after him. He won the election and currently has good popluarity ratings so they try to emulate him as best they can. Too bad cause they cant. Its not possible to make his kind of promises and keep your integrity.

[Questionews]

What is really sickening are the blind party loyalists that willingly put their political tunnel vision glasses on & proclaim that "their party can do no wrong". Those that are so self centered & stupidly loyal to a party instead of sound reasoning are really scary.
So, to those that are to stupid to realized that both Dems & Repubs equally put us in this mess we're in, find a cave & stay there until the more reasonable people can fix the problem! And take a lunch, it might be awhile.