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but he speaks so well...

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#25 carpanfan96


    play hard, hit harder

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Posted 07 March 2009 - 02:16 PM

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.

#26 mmmbeans



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Posted 07 March 2009 - 02:21 PM

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.