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It's not Obama making the markets crash...

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Brundle_Fly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 12:42 PM
Original message
It's not Obama making the markets crash...
Its the greed in the elite classes, worried about having to share a piece with the middle class.

no?
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 12:44 PM
Response to Original message
1. It's neither. It is people making guesses about future corporate profits in a global down-turn
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 12:44 PM
Response to Original message
2. Yep.
I'll bet the markets would rebound if the Prez offered 80% tax cuts to the wealthiest 10% of those assholes.
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lyonn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 01:03 PM
Response to Reply #2
4. Yup, and to bail out all the major banks and lenders!
Lenders don't want controls or regulations so they can keep on stealing.

The market is not Obama friendly, just my opinion.

Try taking your money out of your 40l. Someone I know tried to and couldn't unless they quit their job, etc., lots of rules and regs that I had no idea was attached to a 401. Looks like the masses got screwed again. Just think, if you could easily cash out your 401K you could invest in the properties that are a steal at this time. Only banks/lenders get to buy them for pennies on the dollar.
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BeatleBoot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 12:44 PM
Response to Original message
3. He's had a an entire month to fix things
I don't know what he's waiting for...


:sarcasm:


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