Economists have been saying for 2 years that a severe crash and recession were I imminent because of the financial house of cards that had been built. Obama was right in what he said.
I just don't understand how you can seriously shift the blame for economic disaster to a CANDIDATE while excluding an 8year presidency. Doesn't any part of that sound just a little bit silly? -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Michael Madigan Sent: Thursday, 27 November 2008 9:00 AM To: ProFox Email List Subject: RE: [OT] How to determine if a market has hit THE bottom. For two years Obama's campaign has been saying over and over again that the economy was the worst since the Great Depression. OF course that was a lie. 6% unemployment and possitive growth does not make a depression. So of course people bailed when the market started to crash. After all, it was the Great Depression, right? ************************************************* Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Wed, 11/26/08, Geoff Flight <[EMAIL PROTECTED]> wrote: > From: Geoff Flight <[EMAIL PROTECTED]> > Subject: RE: [OT] How to determine if a market has hit THE bottom. > To: "'ProFox Email List'" <profox@leafe.com> > Date: Wednesday, November 26, 2008, 5:17 PM > The truly odd thing about markets is that they are drive as > much my > psychology as about fundamentals. That is why a president > or Prime Minister > talking negatively about an economy actually drives it down > and vice versa. > Same applies to well known economists etc. For reasons > I've never > understood, investors place great stock in the opinions of > people who > sometimes have zero idea about what is happening. Half of > this loss is about > confidence - not fundamentals. The markets are rising and > falling in mammoth > swings on rumours and hints of rumours. Until that ends and > people actually > use their heads and not their fears, true recovery cannot > start. The markets > are one of the areas of life where optimism (like > pessimism) can be > self-fulfilling. > > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED] On Behalf > Of Kristyne McDaniel > Sent: Thursday, 27 November 2008 8:33 AM > To: 'ProFox Email List' > Subject: RE: [OT] How to determine if a market has hit THE > bottom. > > Madigan, > > > Care to explain this strange attack? > > Not much explanation needed. You scream doom and gloom and > then act > surprised when gloom and doom happen. > > Thus far, with Obama not even in office yet, the markets > are quieting down > as he reveals the new folks that will be replacing Bush > ineptitude. > > Kristyne McDaniel > http://www.kristynemcdaniel.com/blog > http://www.emryldadvantage.com/ > http://www.mcstyles.com/ > > Whether you think you can, or you think you can't.... > you are right. > -- Henry Ford > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
