So does that mean if it drops 500 tomorrow then Obama is responsible for that as well? Or is that still Bush's fault?
__________________
"Yes, well, I’m polymerized tree sap and you’re an inorganic adhesive, so whatever verbal projectile you launch in my direction is reflected off of me, returns to its original trajectory and adheres to you." - Sheldon Cooper
Just like a liberal, if spending on programs don't increase to the level the Dems want, it's a cut. If employment continues to drop under a Dem president, it's rising employment number! Hey even three states today reported double digit levels now.
Nonfarm payroll employment continued to fall sharply in February (-651,000),
and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor
Statistics of the U.S. Department of Labor reported today. Payroll employ-
ment has declined by 2.6 million in the past 4 months. In February, job
losses were large and widespread across nearly all major industry sectors.
Unemployment (Household Survey Data)
The number of unemployed persons increased by 851,000 to 12.5 million in
February, and the unemployment rate rose to 8.1 percent. Over the past 12
months, the number of unemployed persons has increased by about 5.0 million,
and the unemployment rate has risen by 3.3 percentage points. (See table
A-1.)
I'm not holding my breath for this to work. The level at which Obama has been attacking anyone or any company is unheard of. It's unfortunate Obama sees a friend when looking at a terrorist and an enemy when looking at a business man.
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
What was the DJ at when bho took office? Seems it was a bit higher then than it is today, even after the "bounce". Methinks he's got a LONG way to go....
Chad
__________________
"We can have no '50-50' allegiance in this country. Either a man is an American and nothing else, or he is not an American at all."-- Theodore Roosevelt
A wise man's heart is at his right hand; but a fool's heart at his left. Ecclesiasties 10:2
The last four letters in American..........I Can
The last four letters in Republican........I Can
The last four letters in Democrats.........Rats
__________________
I love Christmas lights. They remind me of the people who voted for Obama. They all hang together; half of them don't work, and the ones that do, aren't that bright.
For those who understand, no explanation is needed. For those who do
not understand, no explanation is possible.
A golf course is a willful and deliberate misuse of a perfectly good rifle range.
I'd love for it to go back up. Unfortunately, there's really little to be happy about except existing home sales, and even that isn't proof positive we're turning a corner. Paul Krugman, who is left of center, is highly critical of Geithner's plan, calling it "hokus pokus." Felix Zulauf, famed investor, called the bear market rally, saying before the upturn the S&P could go to 900 beginning in March before falling 50% to the 400's by 2011. I didn't get in on the uptick because it got underway before I could pull the trigger, and I get a little skittishbetting on the market one way, when I think it will end up the other. I hope to GOD we ARE in a recovery period, as we will all be better off for it. For now, I'm accumulating silver, gold and more silver as I can afford it. I'm still in the camp with Peter Schiff, Michael Panzner, Felix Zulauf, visionvictory, Marc Faber, Nouriel Roubiniand Jim Rogers, among others, who say now is the time for capital preservation, and that the downside risk is extremely high as Obama's mulitples-of-Bush spending and programs take hold.
Markets On The Rise/ Employment On The Rise
Hey even three states today reported double digit levels now.
