Reuters: Obama "one of the best presidents since World War Two." For Wall Street (74)
Boy, if that doesn't expose Reuters as a source of lying disinformation nothing will.
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RayfromUSA: Boy, if that doesn't expose Reuters as a source of lying disinformation nothing will.
It depends on what you mean by Wall Street.
If you mean the thieving bankers, then yes Obama was great for them.
If you mean the financial health of the nation, Obama was the worst president ever.
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ooby_dooby: http://finance.yahoo.com/news/analysis-obama-presidency-great-stocks-174524852.html
"NEW YORK (Reuters) - Barack Obama often gets slammed for his stewardship of the U.S. economy, but for stock investors, he's been one of the best presidents since World War Two.
At 1,400, the S&P 500 on Friday was closing in on a four-year high and was up 74 percent since January 20, 2009, the day Obama took office. Not since Dwight Eisenhower's first term has a president had such a strong run for their first term.
That rally might be just enough to get Obama re-elected, making him the first sitting president in the post-war era to win a second term with a jobless rate higher than 7.2 percent.
"Even though business and corporate sentiment is not good for Obama because they don't think he's been good for the economy, the fact that the market has done very well under him is a positive," said Ethan Siegal, head of The Washington Exchange, which analyzes politics for institutional investors.
Soon after taking office, the president even waded into the dangerous territory of stock market prognostication.
On March 3, 2009, Obama, responding to a question about a market that was plumbing 12-year lows, said: "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 S&P 500 hit bottom a week later. Three years on, U.S. stocks have more than doubled, adding $6.8 trillion in market capitalization.
"The stock market is a barometer not of the absolute level of the economy but of improvement in the economy," said former Merrill Lynch strategist Richard Bernstein, who now runs his own investment management firm. "There is no doubt the economy has improved in the last four years."
More in article above.
"NEW YORK (Reuters) - Barack Obama often gets slammed for his stewardship of the U.S. economy, but for stock investors, he's been one of the best presidents since World War Two.
At 1,400, the S&P 500 on Friday was closing in on a four-year high and was up 74 percent since January 20, 2009, the day Obama took office. Not since Dwight Eisenhower's first term has a president had such a strong run for their first term.
That rally might be just enough to get Obama re-elected, making him the first sitting president in the post-war era to win a second term with a jobless rate higher than 7.2 percent.
"Even though business and corporate sentiment is not good for Obama because they don't think he's been good for the economy, the fact that the market has done very well under him is a positive," said Ethan Siegal, head of The Washington Exchange, which analyzes politics for institutional investors.
Soon after taking office, the president even waded into the dangerous territory of stock market prognostication.
On March 3, 2009, Obama, responding to a question about a market that was plumbing 12-year lows, said: "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 S&P 500 hit bottom a week later. Three years on, U.S. stocks have more than doubled, adding $6.8 trillion in market capitalization.
"The stock market is a barometer not of the absolute level of the economy but of improvement in the economy," said former Merrill Lynch strategist Richard Bernstein, who now runs his own investment management firm. "There is no doubt the economy has improved in the last four years."
More in article above.
For your information, he has to stand to play golf.
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Yeah! Reuters can now be crowned the coveted "Baghdad Bob" AWARD for spread of Disinformation!!! And for doing their Best to be the Boot-Licking and Brown-nosers that will always be, along with most of our compliant lag-dog, Lame-Stream-Media for their hero, OBLAME-O, the "pathological" liar and acting President of these United States, until his "ticket" is punched November 6th 2012.
Never fear! Their "Boy Blunder" can always slink back to his home in Chicago and once again become a Community Organizer--the only job that he has a flair for!! :-)
Never fear! Their "Boy Blunder" can always slink back to his home in Chicago and once again become a Community Organizer--the only job that he has a flair for!! :-)
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I think this is one time the liberal media isn't going to get it's way. For years they have believed American's were just too stupid to doubt their stories, and they got lazy. But now, thanks to the internet, they are fast losing their credibility.
Take a look at Dude's poll on Obama/Biden vs. Romney/Ryan...
Take a look at Dude's poll on Obama/Biden vs. Romney/Ryan...
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Today, just 72 hours after joining the GOP ticket, Paul Ryan is making a pilgrimage to the Sands' Venetian casino in Las Vegas to kiss the ring of Sheldon Adelson, the billionaire casino magnate who's already donated more than $35 million to Republican groups in this election.
That's the same Sheldon Adelson who gave $15 million to help Newt Gingrich against Mitt Romney in the primary, and said he may give $100 million -- basically, whatever it costs -- to defeat Barack Obama.
We're starting to get a glimpse of how Romney plans to cash in on his vice presidential pick. Before Ryan's even been fully introduced to the American people, he's attending a private fundraiser in Vegas with the top super PAC donor.
I guess that's one way to create jobs, there must be great job opportunities in advertising making attack ads. Old Sheldon is throwing his money away which is good to get it into circulation.
That's the same Sheldon Adelson who gave $15 million to help Newt Gingrich against Mitt Romney in the primary, and said he may give $100 million -- basically, whatever it costs -- to defeat Barack Obama.
We're starting to get a glimpse of how Romney plans to cash in on his vice presidential pick. Before Ryan's even been fully introduced to the American people, he's attending a private fundraiser in Vegas with the top super PAC donor.
I guess that's one way to create jobs, there must be great job opportunities in advertising making attack ads. Old Sheldon is throwing his money away which is good to get it into circulation.
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ooby_dooby: Today, just 72 hours after joining the GOP ticket, Paul Ryan is making a pilgrimage to the Sands' Venetian casino in Las Vegas to kiss the ring of Sheldon Adelson, the billionaire casino magnate who's already donated more than $35 million to Republican groups in this election.
That's the same Sheldon Adelson who gave $15 million to help Newt Gingrich against Mitt Romney in the primary, and said he may give $100 million -- basically, whatever it costs -- to defeat Barack Obama.
We're starting to get a glimpse of how Romney plans to cash in on his vice presidential pick. Before Ryan's even been fully introduced to the American people, he's attending a private fundraiser in Vegas with the top super PAC donor.
I guess that's one way to create jobs, there must be great job opportunities in advertising making attack ads. Old Sheldon is throwing his money away which is good to get it into circulation.
That's the same Sheldon Adelson who gave $15 million to help Newt Gingrich against Mitt Romney in the primary, and said he may give $100 million -- basically, whatever it costs -- to defeat Barack Obama.
We're starting to get a glimpse of how Romney plans to cash in on his vice presidential pick. Before Ryan's even been fully introduced to the American people, he's attending a private fundraiser in Vegas with the top super PAC donor.
I guess that's one way to create jobs, there must be great job opportunities in advertising making attack ads. Old Sheldon is throwing his money away which is good to get it into circulation.
mr obama is correct that it has been a good time to buy. I think what is important is that improvements in the market have not been followed by improvements in the real estate market and investments in manufacturing - things that really create jobs. Our economy is not as strong as it could be because we have a huge national debt. Can we start charging for some of this military protection we provide????
Obama was too leniet with the banking and auto industries whom he bailed out by not requiring scheduled repayment to begin immediately if not sooner as conditions for those bail outs to occur. (I still think those repayments need to be required and legislation should be written to implement a schedule to follow a debt reduction plan using repayment funds WITH interest. And the interest should be earmarked for specific infrastructure improvements - roads, bridges, nat'l parks - and capital investments in things like alternate energy, tourism, technology markets, and light manufacturing (of technology products - all benefitting the auto and banking industries who are basically funding them with repayment - theoretically)
the improvemnets in the index are good but unless they are followed by improvements in other indicators - investors and market share holders are the only ones gaining ATM - and quite honestly I think the gains are tenuous. If the economy isn't strengthened with a reduction in the debt and an increase in much of our import/export ratio and, crucially, with gains in housing -with real estate prices rising realistically and readjusting - then the market is likely to fall again - and as the dollar continues to inflate those investors will lose buying power (hence no net gain)
we need tangible gains in other market segments and job growth and purchasing power to support gains in the market driven mainly by faith and buying activity at this point - something has to tangibly drive continued increases in the "value" of the shares
there my rant for the day....
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ooby_dooby: http://finance.yahoo.com/news/analysis-obama-presidency-great-stocks-174524852.html
"NEW YORK (Reuters) - Barack Obama often gets slammed for his stewardship of the U.S. economy, but for stock investors, he's been one of the best presidents since World War Two.
At 1,400, the S&P 500 on Friday was closing in on a four-year high and was up 74 percent since January 20, 2009, the day Obama took office. Not since Dwight Eisenhower's first term has a president had such a strong run for their first term.
That rally might be just enough to get Obama re-elected, making him the first sitting president in the post-war era to win a second term with a jobless rate higher than 7.2 percent.
"Even though business and corporate sentiment is not good for Obama because they don't think he's been good for the economy, the fact that the market has done very well under him is a positive," said Ethan Siegal, head of The Washington Exchange, which analyzes politics for institutional investors.
Soon after taking office, the president even waded into the dangerous territory of stock market prognostication.
On March 3, 2009, Obama, responding to a question about a market that was plumbing 12-year lows, said: "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 S&P 500 hit bottom a week later. Three years on, U.S. stocks have more than doubled, adding $6.8 trillion in market capitalization.
"The stock market is a barometer not of the absolute level of the economy but of improvement in the economy," said former Merrill Lynch strategist Richard Bernstein, who now runs his own investment management firm. "There is no doubt the economy has improved in the last four years."
More in article above.
"NEW YORK (Reuters) - Barack Obama often gets slammed for his stewardship of the U.S. economy, but for stock investors, he's been one of the best presidents since World War Two.
At 1,400, the S&P 500 on Friday was closing in on a four-year high and was up 74 percent since January 20, 2009, the day Obama took office. Not since Dwight Eisenhower's first term has a president had such a strong run for their first term.
That rally might be just enough to get Obama re-elected, making him the first sitting president in the post-war era to win a second term with a jobless rate higher than 7.2 percent.
"Even though business and corporate sentiment is not good for Obama because they don't think he's been good for the economy, the fact that the market has done very well under him is a positive," said Ethan Siegal, head of The Washington Exchange, which analyzes politics for institutional investors.
Soon after taking office, the president even waded into the dangerous territory of stock market prognostication.
On March 3, 2009, Obama, responding to a question about a market that was plumbing 12-year lows, said: "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 S&P 500 hit bottom a week later. Three years on, U.S. stocks have more than doubled, adding $6.8 trillion in market capitalization.
"The stock market is a barometer not of the absolute level of the economy but of improvement in the economy," said former Merrill Lynch strategist Richard Bernstein, who now runs his own investment management firm. "There is no doubt the economy has improved in the last four years."
More in article above.
This thread would probably fit better in the jokes and humor category.
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I think Mitt Rommney must read this article,well thats politicians on the other side.He has his own version on the economy.
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I still say that I am not investing in the stock market until the Clinton's, the Obama's, the Biden's, the Emanuel's, the Gore, and other ranking DEM leaders do......
Tell me when that happens.....then I will get interested in the stock market again.
Tell me when that happens.....then I will get interested in the stock market again.
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ttom500: I still say that I am not investing in the stock market until the Clinton's, the Obama's, the Biden's, the Emanuel's, the Gore, and other ranking DEM leaders do......
Tell me when that happens.....then I will get interested in the stock market again.
oh dear , when the taxi drivers start recommending shares its time to be gone , not getting into shares .Tell me when that happens.....then I will get interested in the stock market again.
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Republicans and Democrats, both parties will split. Obama is ensuring this.
There's no way that what Obama does speaks for the interests of the White working class and the Democrats will lose working class support to the Paleocons - White workers may be Left wing, but they care a lot more about outsourcing & immigration than they do about Gay Rights and other Liberal side issues - if the Paleocons gain this support they'll ditch the neo-cons and the neo-cons will ally with the neo-Liberals, the bourgeois Democrats.
The future of American politics will be a showdown between Patriots & Liberals, Nationalists & Internationalists. As opposed to today, where both parties represent the same thing - Liberal internationalism - but one party favours a slightly bigger welfare state than the other.
Either this or i'm vastly overestimating the creativity and imagination of the American people and you'll instead fall into dictatorship, because you've failed at freedom and now require a strong leader to force you into functioning correctly.
There's no way that what Obama does speaks for the interests of the White working class and the Democrats will lose working class support to the Paleocons - White workers may be Left wing, but they care a lot more about outsourcing & immigration than they do about Gay Rights and other Liberal side issues - if the Paleocons gain this support they'll ditch the neo-cons and the neo-cons will ally with the neo-Liberals, the bourgeois Democrats.
The future of American politics will be a showdown between Patriots & Liberals, Nationalists & Internationalists. As opposed to today, where both parties represent the same thing - Liberal internationalism - but one party favours a slightly bigger welfare state than the other.
Either this or i'm vastly overestimating the creativity and imagination of the American people and you'll instead fall into dictatorship, because you've failed at freedom and now require a strong leader to force you into functioning correctly.
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We are, indeed, at the tipping point here in America. This election will be critical to our future. 
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WhatUwish4: We are, indeed, at the tipping point here in America. This election will be critical to our future.
https://www.ipredict.co.nz/app.php?do=browse&cat=445 not as close as one might think . Link would not go blue for some reason . Another month will show whats going to happen or at least show a trend .Left wing radio here made much out the fair ground protest today . A whole two people worth of protest , WOW the big time .------ This thread is Archived ------
epirb: oh dear , when the taxi drivers start recommending shares its time to be gone , not getting into shares .
I 100% unequivibly resent that. Some of the world's best financial advisers are Taxi drivers........
preferably Pakistani. They know when Obama is giving another billion in aid to Pakistan before DoD Sect Penetta does.------ This thread is Archived ------
I blame the mainstream media more than any other factor in this misinformation campaign. They are the "gatekeepers" of all the information which trickles out to our society and they have done a miserable job of doing so in an objective manner. For example, instead of telling Americans the factual news such as that "General Motors' stock has fallen 39 percent since its initial public offering in November 2010. And that on Friday, the Treasury Department announced that expected losses to taxpayers from the bailout would increase more than $3.3 billion to $25.1 billion -- up from $21.7 billion last quarter," they choose to offer smug Obama soundbites about how he saved the auto industry.
The job they do overseas in spreading misinformation is even more alarming. Thank goodness we at least have the internet where we can pick up snippets of truth here and there.
The job they do overseas in spreading misinformation is even more alarming. Thank goodness we at least have the internet where we can pick up snippets of truth here and there.
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^^^^
Sorry. That post was meant for eprb
Sorry. That post was meant for eprb
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Rumple4skin: Republicans and Democrats, both parties will split. Obama is ensuring this.
There's no way that what Obama does speaks for the interests of the White working class and the Democrats will lose working class support to the Paleocons - White workers may be Left wing, but they care a lot more about outsourcing & immigration than they do about Gay Rights and other Liberal side issues - if the Paleocons gain this support they'll ditch the neo-cons and the neo-cons will ally with the neo-Liberals, the bourgeois Democrats.
The future of American politics will be a showdown between Patriots & Liberals, Nationalists & Internationalists. As opposed to today, where both parties represent the same thing - Liberal internationalism - but one party favours a slightly bigger welfare state than the other.
Either this or i'm vastly overestimating the creativity and imagination of the American people and you'll instead fall into dictatorship, because you've failed at freedom and now require a strong leader to force you into functioning correctly.
There's no way that what Obama does speaks for the interests of the White working class and the Democrats will lose working class support to the Paleocons - White workers may be Left wing, but they care a lot more about outsourcing & immigration than they do about Gay Rights and other Liberal side issues - if the Paleocons gain this support they'll ditch the neo-cons and the neo-cons will ally with the neo-Liberals, the bourgeois Democrats.
The future of American politics will be a showdown between Patriots & Liberals, Nationalists & Internationalists. As opposed to today, where both parties represent the same thing - Liberal internationalism - but one party favours a slightly bigger welfare state than the other.
Either this or i'm vastly overestimating the creativity and imagination of the American people and you'll instead fall into dictatorship, because you've failed at freedom and now require a strong leader to force you into functioning correctly.
Here we having so much fun being irreverent Americans and the world wants us to "function correctly". What party poopers! To consider neocons, palecons, liberalism, conservatism, and other European ideological term of America politics. Why cannot the world understand that for us....when you say political party, most Americans only hear
the word.....P....A....R....T....Y. And come running.
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ttom500: I 100% unequivibly resent that. Some of the world's best financial advisers are Taxi drivers........ preferably Pakistani. They know when Obama is giving another billion in aid to Pakistan before DoD Sect Penetta does.
I swear to any god you like that some taxi drivers know more than most elected officials ever born about running a business .------ This thread is Archived ------
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"NEW YORK (Reuters) - Barack Obama often gets slammed for his stewardship of the U.S. economy, but for stock investors, he's been one of the best presidents since World War Two.
At 1,400, the S&P 500 on Friday was closing in on a four-year high and was up 74 percent since January 20, 2009, the day Obama took office. Not since Dwight Eisenhower's first term has a president had such a strong run for their first term.
That rally might be just enough to get Obama re-elected, making him the first sitting president in the post-war era to win a second term with a jobless rate higher than 7.2 percent.
"Even though business and corporate sentiment is not good for Obama because they don't think he's been good for the economy, the fact that the market has done very well under him is a positive," said Ethan Siegal, head of The Washington Exchange, which analyzes politics for institutional investors.
Soon after taking office, the president even waded into the dangerous territory of stock market prognostication.
On March 3, 2009, Obama, responding to a question about a market that was plumbing 12-year lows, said: "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 S&P 500 hit bottom a week later. Three years on, U.S. stocks have more than doubled, adding $6.8 trillion in market capitalization.
"The stock market is a barometer not of the absolute level of the economy but of improvement in the economy," said former Merrill Lynch strategist Richard Bernstein, who now runs his own investment management firm. "There is no doubt the economy has improved in the last four years."
More in article above.