FOUR MORE YEARS

[BigV]

Originally Posted by Adak

I see today, that the DOW industrial average celebrated Obama's victory, by losing 314 points!

The "Obama Effect" is already in full swing! Pardon me while I dance on my ceiling.

--snip

So, you're saying that Obama's responsible for what happens on the DOW Jones Industrial Average? Ok.

Two months into Barack Obama’s tenure, the index reached its low point, slumping to 6,547 in March 2009.



But then something interesting happened: Just a few weeks after Obama signed his stimulus package, the Dow began to rise. Sure, it was herky-jerky, but under our supposedly socialistic president, we’ve seen the Dow go up around 5,000 points from the beginning of his term.

And another 1,500 points on top of that since the publication of this article.

I got your "Obama effect" hangin' right here, punk.

[Adak]

Originally Posted by BigV

So, you're saying that Obama's responsible for what happens on the DOW Jones Industrial Average? Ok.

And another 1,500 points on top of that since the publication of this article.

I got your "Obama effect" hangin' right here, punk.

I'm saying Obama's re-election was widely seen by investors, as a probable return to poor fiscal and business policies.

We had a business genius running for President, but we elected a guy who never ran a lemonade stand.

Maybe Obama has learned from his earlier mistakes - maybe Congress will force him into better compromises in his second term.

We'll see.