The great Hussein Obama stock market crash. Stocks drop over 2000 points since November 4th, 2008!

On Nov. 4, after Barack Obama clinched the White House, the market closed at 9,625.28. In mid-morning trading today, the day President Obama signs his massive Generational Theft Act into law and a day before he unveils a massive new mortgage entitlement, the Dow dropped to to 7,606.53. Now, imagine if President Bush had presided over a 2,000-point stock market tumble in the same time period — during the first few months of his presidency. I guess the “hope and change” hasn’t made it to the stock market yet. Once Hussein Obama signs the porkulus today, and starts devaluing the currency and causing hyper inflation, how much more will the stockmarket drop? 6000? 5000?

Great start, O.

Just saying…

And heres how stocks ended the day:
Dow 7,552.60 (-3.79%)
Nasdaq 1,470.66 -63.70 (-4.15%)
S&P 789.17 -37.67 (-4.56%)

No TweetBacks yet. (Be the first to Tweet this post)

Tax cheat Tim Geithner a laughingstock – stock market drops nearly 400 points as he speaks So this is the Tim Geithner, that despite being a...
B. Hussein Obama’s approval rating dropping like the stock market since Jan 20th 2009. Yes whiny liberals, I know, its still higher than the...
Hussein Obama’s stock market plunge continues. Stock markets reach their lowest level since 1997. I guess Hussein Obama isn’t only trying to emulator Clinton...
Wal Mart stocks downgraded with Card Check looming Obama and the democrat’s war on business continues. As Spectator.org...
Congressional approval drops to 21%, Democrats drop 18 percentage points in one month! After the Messiah took office, Congress’s approval rating spiked to...

Related posts brought to you by Yet Another Related Posts Plugin.

February 17, 2009 · Filed Under Uncategorized

Comments

2 Responses to “The great Hussein Obama stock market crash. Stocks drop over 2000 points since November 4th, 2008!”

Emerly on February 17th, 2009 6:38 pm

This topic is so misleading. President Obama only took over office Jan 20th. Any losses between November and January fall squarely on the shoulders of the former president Bush. He took office Jan21 2001 and the market was at 10400 and he left with a 2000 point decline in 8 years. Without the affects of the subprime mortgage and all the home selling that went on in President Bushes presidency tht is now known as the housing crisis there would have been no growth under Bush. These are the real facts with no speculation.
Denny on February 19th, 2009 11:59 am

and now the market’s at 7501. The ‘change’ is everyone realizing the “stimulus” bill is the “stagflation at the end of rewarding the Democrats”
bill. Typical machine politics. Now you all can enjoy the type of politics that make Chicago the highest sales tax city (over 10%) Just like Blago and the Daleys.

Lets hear your point of view! - A warning to the liberal whiners who seem intent to flood our comment section with profanity. Save your keystrokes. The anti spamming script will just automatically delete your comment. Feel free to disagree with the host on any article posted here, but flame baits, racism, and profanity laced tirades will NOT be tolerated, and will eventually get your IP address banned!