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21st February
2009
written by Sean Noble

The Dow Jones is down nearly 600 points since Barack Obama’s inauguration.  There is just no way to spin that.  It’s bad for him, it’s bad for Democrats, it’s bad for the country.

The question is, will Obama pay attention to the market and realize that his policies are doing more harm than good?

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5 Comments

  1. 21/02/2009

    No, he thinks he is setting a new precedent and will change the economy with piss poor economics and be a hero some day. We will not recover until he/congress realizes Keynes is an idiot and changes to Friedman/Capitalist economics. Objectivism and individual freedom are the only answer and the only way to live.

  2. […] Noble Thinking wrote an interesting post today on Obama’s Market BluesHere’s a quick excerptThe Dow Jones is down nearly 600 points since Barack Obama’s inauguration…. […]

  3. Elle
    21/02/2009

    Sadly, I don’t think this will make him change his ways. I bet he gets away with this nonsense for a while.

  4. 21/02/2009

    I love the question but the the possible answers are worrisome. If Mr. Obama is a smart as the MSM claims him to be then when the Democratic stimulus fails to have a positive effect on the economy then he would presumably become more cautious and reexamine his methods. The last year has been yet another example of a bank robbery in broad daylight. How many additional robberies will there be before the account holders learn that they are enabling their embezzlers?

    http://GetTomOnTV.com/

  5. 24/02/2009

    The Dow Jones is down nearly 6500 points under George Bush from 2007 to the inauguration. There is just no way to spin that. It’s bad for him, it’s bad for Republicans, it’s bad for the country.

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