Obama told Americans to take a look at investing in the stock market this afternoon, a remarkable utterance for an American president, especially as the Dow Jones Industrial Average proceeds on its course Southward.
"What you're now seeing is ... profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it," the president said on a day that trading continued to hover under 7,000.
The president predicted that Americans' consumer confidence would improve as they see the stimulus bill "taking root."
Wow, our cool new president is now an expert at economics and investing!! Who knew?
So now we're supposed to take financial advice from a man who has never owned a business, never WORKED for a business, hires tax cheaters to oversee our money, puts us 3 TRILLION dollars in debt by spending money we don't have on pork we don't need, and whose every utterance sinks the Dow Jones lower and lower?
No thanks. Sell your Hope and Change and your Tutti-Frutti Kool-Aid drink to somebody who still has money. My money's going under the mattress.
Sorry, Wonda-Boy. We're not buying you and we darned sure not buying anything else we don't need. This is a ludicrously transparent (there's that word again!) ploy to get the market moving upward so that you can get some of that egg off your pathetic face. Not a chance, kiddo. I gave up Kool-Aid a long time ago.
Obama is just so fabulous at everything he touches. I guess that's why he's The People's Messiah ..
Fun to watch isn't he. When he is done medaling and screwing up the markets perhaps the real American leaders can step in and fix it. The American people, with hard work and a get-it-done attitude will return America to greatness.
ReplyDeleteYes, some businesses may pass away but more will grow in their place. The president simply needs to get out of the way.