Markets Start to Anticipate Obama Victory in November. The reasoning? “…stock prices are rising on growing expectations he will be re-elected this November.”. Right . . . because stocks -just like the price of everything else- don’t rise by default whenever the worth of the dollars they are valued in drops like Paris Hilton in the VIP room. By that estimation skyrocketing grocery costs and $6.00 a gallon gas are just two more items predicting a 57 state victory this November with “like five more years” of hopey changey.
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I can't wait for Rick Santelli to get hold of this!
The PMSNBC propaganda machine once again kicks into high gear. However the part they left out was the reason stocks have climbed is because Helicopter Ben keeps pumping away with the free cash, when that stops it Game Over Man!!!
GO and read the comments, they are blasting this fool for even publishing it. There are MAYBE two or three defending this article, rather poorly I might add... AHAHAHAHAHAHAHA!!!
Yeah what is up with the five years thing? So odd... He keeps saying five years... I find that interesting. Overall I really dont care about all of this. All I know is that Obamie has got to go, how he goes at this point in time is not important just as long as he leaves.
I recall another government that employed five-year plans.
As I posted before. Everything the MSM will put out until November is designed to depress conservatives. DO NOT believe anything they put out. When you look at the inflation the stock market is in 2007 terms at 8500 at best. When you compare it to the price of gold it is at 6500. I love all the comments on the CNBC (what crony socialist company that paid less than 7% tax on 5 billion dollars of profit owns that outfit?) site about the article being pure bullshit.
Wait until the MSM polls start coming out (sans internals) with 0bama leading and showing that conservative values are losing. It is going to be one nasty election and the MSM will be 150% in the tank for their boyfriend.
Don't underestimate Obama's reelection chances. He has a billion dollar war chest and will flood the airwaves with personal attacks on his Republican opponent. All the unions (and their money) support him. 90% of the MSM supports him and all we'll be buried under stories of the improving economy (this MSNBC story is just the beginning). Hollywood and Wall Street (with their big checkbooks and celebrity endorsements) are in his corner. The OWS robots are waiting to take to the streets to threaten Middle America this summer and fall.
All we have on our side is the truth.
Don't you know? High gas prices have saved or created over 1,000 people!
I saw this article early this morning and saw it as more of the same cheerleading nonsense from NBC. The market rise, as many have already stated here, is the result of inflated dollars just like the commodity markets including crude oil. Hopefully only the choir believes this type of preaching.
Actually, the stock market is rising because it's discounting an Obama LOSS in November. The market began to tank in 2007 after the Democrooks retook congress and the slide accelerated in the fall of 2008 when an Obama presidency looked certain. The bottom was March 2009 - the stock market began to look ahead and see the era of hopeless change was going to be a pipe dream. The stock market usually tries to anticipate 6-9 months ahead.
I agree and that's why people like me are buying stocks they think are undervalued because of mister socialism's economic bungling. I think the market will recover substantially if our washington pals don't make any more progress with their plans to ruin everything totally.
“like five more years”
This was not a stupid mistake. It was just a conservative estimate.
I'm tellin' ya, Barry has NO intention of going ANYWHERE until he turns over leadership of the UMSA to one of his Marxist offspring. He has usurped power from the Legislative branch and ignored the Constitution too many times without Congress or the people even trying to stop him. He is fairly sure that no matter what he does, no one will stop him.
You are correct. The markets are doing what markets do when currencies collapse. Another of "The One's" intended consequences.
Kim Jong meet Barry Soetoro.