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Did you hear that stocks have plunged more than they have since the 1900?.?
This is just two days after the election. Every time Obama would go up in the polls, the stocks would fall. But the mainstream media is already saying it has nothing to do with Obama. What do you think?. I think this is the beginning of the excuses for him.
correction, you democrats got us into this mess. It was your little government programs like Fanni Mae and Freddie Mac that got us into this and remember ACORN?.
baile28 said it best, read her answer.
Thanks Woody for educating the people on here. What lies they tell.
16 Answers
- Dirt PoorLv 41 decade agoFavorite Answer
Because smart people know what his intentions are and they are cashing in their stock options and stock piling their money in safe deposit boxes where he can't touch it.
- 1 decade ago
lol at the Bush bashing. Good one. Any of you intelligent posters take a look at what caused the financial melt-down? Fannie Mae/Freddy Mac plus ACORN lawsuits. Guess who sent a letter to Congress EVERY YEAR FROM 2001 ON TO CONGRESS?! Bush. Know what the letter said? That they needed to regulate Fannie Mae. Guess who blocked it? Maxine Waters, Barney Frank, Chris Dodd, Barrack Obama (when he was put in there). All Democrats. Guess who got all the money from Fannie Mae? #1--Dodd #2--Obama. Have fun spinning the facts.
- Anonymous1 decade ago
and how would stocks have to do with Obama right now, he is NOT even the president yet. The stocks have to do with company values of THIS moment not of what they might be in 3 months or 3 years. If you haven't noticed, the stocks have been going in waves ever since the market breakdown in September, and even before that.
- tehabwaLv 71 decade ago
Uh, HOW is this Obama's fault?
There were several announcements, that had NOTHING to do with Obama, who isn't even in office yet, that led the stocks to fall yesterday.
Why is it that you hold Obama responsible for the consequences of Bush's and the Republican Party's actions?
Oh, right, neo-cons care not at all about reason and fact and reality; they believe only lies.
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- inwardboundLv 51 decade ago
well the stock market crashed because of Bush, especially, everytime he would come on tv; talking about his new plan for the economy; it went down in points because, no one believes what he says anymore! this is a true fact, because, I was watching it on tv, the abc news had a split screen of dow and all them and when bush was giving his speech it kept going down like always they had said! It is just so sad, that people want to blame someone that wasn't running this country for 8 years! Why can't we wait to bash Obama when he is actually in office and does something wrong?
- BibigirlLv 71 decade ago
Beginning of excuses for him, where have you been for the past 18 months. The media has done nothing but make excuses.
- Anonymous1 decade ago
I'm assuming that the drops that happened before the election were thus also Bush's fault? Right? If not, why not?
Bush is still the president. Obama can't do a blessed thing until January.
- Anonymous1 decade ago
it has nothing to do with him Suzy...Bush is still the president and has been for the past 8 years. His administration has gotten us into this mess. I know you are trying to find fault with this guy on day two...well he hasn't even been sworn in yet. it's a bogus argument, i know you're grasping for straws. How about trying to give the guy a shot and see how he performs rather than judge him on something that is completely nonsensical.
- Anonymous1 decade ago
You mean the 4000 points the market fell before the election?
Source(s): Bush is president. - claudiacakeLv 71 decade ago
Of course it has to do with Obama, and his promise to bankrupt the coal industry and his ridiculous, business killing tax schemes.
People were warned; they just would not listen.