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cptx

but he speaks so well...

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You really can't blame that on Obama. The Market has been a slide for nearly a year now. Obama hasn't stopped the slide, but he hasn't increased the rate of the 401k and market downfall. Even if the republicans had managed to clone and re-elect Reagan, the market was going to drop even more.

IMO, as long as I keep my job, then its a chance to buy stocks cheaply, because the market will recover, eventually regardless of who is president.

The stock market lost faith in Bush (like the rest of us). Anyone who came in after him should have reversed some of the damage just by not being Bush. But this guy has actually continued the decline. How? By tripling our deficit in six weeks. You can't deny that hasn't hurt the markets.

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Yep...our investments have been making me not want to open our statements for well over a year. However, on last month's statement, I lost well over 5% of my portfolio's value which has never ever happened before in 12 years.

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The stock market lost faith in Bush (like the rest of us). Anyone who came in after him should have reversed some of the damage just by not being Bush. But this guy has actually continued the decline. How? By tripling our deficit in six weeks. You can't deny that hasn't hurt the markets.

that money is going into the markets...the market is hurting because it is in the throws of a massive lending crisis and is staring down the barrel of a credit card crisis. The market has momentum, to expect it to rise dramatically when it hasn't even found a bottom is wishful thinking at best.

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that money is going into the markets...the market is hurting because it is in the throws of a massive lending crisis and is staring down the barrel of a credit card crisis. The market has momentum, to expect it to rise dramatically when it hasn't even found a bottom is wishful thinking at best.

If Obama came in and said "I'm freezing spending and lowering taxes" the stock market would be up near 8,000 right now.

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The stock market lost faith in Bush (like the rest of us). Anyone who came in after him should have reversed some of the damage just by not being Bush. But this guy has actually continued the decline. How? By tripling our deficit in six weeks. You can't deny that hasn't hurt the markets.

you were feeding on what venom was telling you weren't you??????

the country's debt was already above 9.7 trillion with bush in office, your complaining about deficit and you should look at bush. The GDP only went up a measly 10 percent, and our spending went up 25%. Total debt accumulated under bush 3.5 trillion dollars. Bush is who pushed us over our GDP line, because of him, where never going to get back under it without something drastic happening.

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If Obama came in and said "I'm freezing spending and lowering taxes" the stock market would be up near 8,000 right now.

yea, but that wouldn't resolve anything else. We have systemic problems that need to be addressed this time around. The market cannot correct itself without changing the institutional landscape of this country and throwing us into a deep deep hole. The market isn't going to like it, but the market doesn't own this country.

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