Michael G
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The stock market will go back up as soon as the economy is stabilized again. Obama's roll I think is to manage in such a way that the economy quickly stabilizes and everything will fall into place. |
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Ben Dover
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He's going to push for some regulation, which Reagan did away with in the 1980's. |
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Greg C
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Obama can do nothing about it and neither can Bush. It's all a gamble. |
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Mike
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Never. Nothing. He cant do anything about it.
He can try but no matter who is president, they cant do much. |
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momview
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In what respect Matt? |
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JohnGalt
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What Obama CAN do is make it worse. He is doing fine with making it worse. He needs to get serious. He needs to announce his choice for Treasury Secretary. he should have had someone from his senior staff at this weekends G-20 meeting, even as an observer. He needs to lead his party into letting the automakers go thru bankruptcy before they get any federal money. He needs to announce no new taxes for at least a year. He needs to show that he is willing to make a tough decision and not pander to unions. He needs to do SOMETHING. Otherwise, Jan 20th may be too late to save this mess. |
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My Account Suspended 4 no Reason
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Who knows. It might go up tomorrow. Obama's job is not to control the stock market. He is going to help our country out financially because it is such a mess right now. When our country does better economically and the world markets have faith in us again, then will the stock markets truly go up. |
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megnalon
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Not much, since he doesn't control the economy. The rothschild own the british economy and since they own the Federal Reserve in america, they can control or at least try to control...the American economy. If Obama took away the power to create money from the "powers that be", things would surely change....a bit, perhaps. |
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inostad
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the way the stock market is going at this point in time. I'm not sure it will go back up as long as we have a socialist in the white house. because if he is going to tax big companies and they do not make a profit the market will stay down. and very well could keep dropping. Don't look for any changes anytime soon |
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The Dread Pirate Roberts
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The stock market is based on Capitalism. It does not do well in a Socialist environment.
Stocks rise when the companies make a profit but if all the profit is going to be taxed away, the markets will do poorly.
Basic Fact of Life; You get what you vote for. Grab your ankles |
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Alan Greenspan
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obama does not like people to make money. when it goes up, he will tax the #ell out of you. |
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Pogo Possum
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The stock market will go up when there is products that americans can produce that other americans will want to buy....in other words, don't hold your breath. Obama can do nothining about it anymore then Bush could. When 4 billion people in the world will work for $1 an hour and we americans buy products from those people, there is not much that can be done. |
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Thor
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Obama can work to fix all the things the Republicans did to us to get us in this mess.
But it will take time.
My crystal ball says the market will start to turn around in October next year figuring the economy will turn up in 2010.
I think this year is going to be more nasty than most people think or the economists and pundits are willing to admit at this time.
I don't get all the Wall Street talking heads saying this is a great time to buy stocks and at the same time saying this will likely be the worst recession since WWII and maybe second only to the Great Depression. And saying it will be longer and deeper than any recession most of us have every seen. |
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