No credit to Obama for the stock market rally? | TigerDroppings.com

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Draconian Sanctions
New Orleans Pelicans Fan
2011 SECr Hall of Flame Inductee
Member since Oct 2008
40749 posts

No credit to Obama for the stock market rally?


Personally I don't know how much credit/blame any POTUS deserves for how the market does but I remember a few years ago when it was down every other thread on here said it was Obama's fault. Now it's doing well and not a peep. Shocking I tell you, just shocking.






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Dire Wolf
LSU Fan
Sudden Valley
Member since Sep 2008
8203 posts

re: No credit to Obama for the stock market rally?


I blame bush





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ironsides
LSU Fan
Nashville, TN
Member since May 2006
5896 posts

re: No credit to Obama for the stock market rally?


Actually if you look at valuations it's fairly average. We have just pumped more money into the system. Meanwhile wages haven't kept up with consumer prices.

So why do all the Obama fanboys Cheer the wealthy getting wealthier while te middle class and poor struggle?






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Choctaw
Navy Fan
Pumpin' Sunshine
Member since Jul 2007
49981 posts

re: No credit to Obama for the stock market rally?


Bush did it





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StPeteLSU
LSU Fan
St Petersburg, FL
Member since Oct 2011
1213 posts

re: No credit to Obama for the stock market rally?


Helping the rich get richer and the poor get poorer. Who has their money in the stock mkt ? Besides has nothing to do with Obama anyway


This post was edited on 5/5 at 11:04 am


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CamdenTiger
Member since Aug 2009
27088 posts

re: No credit to Obama for the stock market rally?


Cause its fake. propped up by the Fed, and our kids will suffer for all this. Why? are you happy about the state of the economy, this year? How about 5 yrs? More people dropping out of the workforce that getting hired...I'm sure good times are around the corner...





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StPeteLSU
LSU Fan
St Petersburg, FL
Member since Oct 2011
1213 posts

re: No credit to Obama for the stock market rally?


Camden you are correct. We have the lowest number of employed Americans in our history. The ironic thing is that blacks are far worse off than they have ever been yet they love them some Obama





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Joseph Bockrath
California Fan
Baton Rouge
Member since Dec 2011
181 posts

re: No credit to Obama for the stock market rally?


Give him credit for what, though? Going along with the pumping of dollars + low interest rates that have flooded Wall Street with cheap money? Is it any surprise that the market is on an ultimate sugar high when we are pumping ~50-100 billion into the economy per month?

I mean, I'm not saying a high stock market is a bad thing here, but when almost every economic indicator says the economy is still in deep trouble and the stock market is riding all-time highs, I'm not sure what I'm supposed to be praising.








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Purpleye
LSU Fan
Ponder
Member since Nov 2010
1119 posts

re: No credit to Obama for the stock market rally?


quote:

Draconian Sanctions


Where can I buy my "Obama Never Lies" T-Shirt?






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KeyserSoze999
LSU Fan
Member since Dec 2009
3820 posts

re: No credit to Obama for the stock market rally?


never did every other thread on here blame obama, except the occational jabs to see how the dip shits would react to that meme. However, if Romney had been elected, the stock market would be above 20k right now. See how both sides can play that game?





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NHTIGER
LSU Fan
Central New Hampshire
Member since Nov 2003
9335 posts
 Online 

re: No credit to Obama for the stock market rally?


quote:

Actually if you look at valuations it's fairly average. We have just pumped more money into the system. Meanwhile wages haven't kept up with consumer prices.



It's also a market that has climbed to new heights yet continues to see low volume trading month in and month out, week in and week out.

When volume picks up steadily and significantly, and it will, equities indices will fall. It's just a matter of time when you have markets ridiculously inflated by massive, irresponsible "contributions" from the Fed.







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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16186 posts

re: No credit to Obama for the stock market rally?


quote:

Now it's doing well and not a peep. Shocking I tell you, just shocking.


So now is the official day to declare the "Bush's fault" bull shite to be over?






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SmackoverHawg
Arkansas Fan
Member since Oct 2011
13308 posts

re: No credit to Obama for the stock market rally?


I'll give him and Bernake credit for pump billions of new dollars into the system creating yet another bubble, devaluing our currency, and putting the nation deeper in debt.

So..yes, his policies along with fed support are keeping the market up and fattening my already well padded portfolio. But I do realize that Market up=/=healthy economy.

We'll see how it turns out.






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austingator
Florida Fan
austin
Member since Jan 2009
5426 posts

re: No credit to Obama for the stock market rally?


You mean we should be excited about this new bubble?





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HNTIGER1980
LSU Fan
Member since Oct 2011
439 posts

re: No credit to Obama for the stock market rally?


quote:

Personally I don't know how much credit/blame any POTUS

Not much, the federal reserve chairman has way more power than the POTUS when guiding the economy and causing effect on the stock markets.

quote:

remember a few years ago when it was down every other thread on here said it was Obama's fault.

The liberals did the same with bush. Im sure the conservatives did the same with Clinton. If the current president was a republican you better believe that this board would be inundated with comments on how the "wonderful conservative president has made the stock market go up"
Most people don't have a f..ing clue about how the stock market works ( even the so called experts). So they will take any piece of data that fits their biases or ignore any piece of data that goes against their biases.






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SmackoverHawg
Arkansas Fan
Member since Oct 2011
13308 posts

re: No credit to Obama for the stock market rally?


This is how the money swappers make their cash. Manipulating markets, currencies and commodities. I realized this awhile back and have profited. I thank the dem's for creating this opportunities for me to profit from the less wealthy and educate. I have nearly tripled my net worth since Obama got into office.

All this without generating anything of VALUE!!!! Thanks O!!

From,
A .05%er







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LSUgusto
Member since May 2005
16271 posts

re: No credit to Obama for the stock market rally?


So, you want to credit Obama with the 1% doing great. That's just what you hoped for, right?





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SmackoverHawg
Arkansas Fan
Member since Oct 2011
13308 posts

re: No credit to Obama for the stock market rally?


quote:

So, you want to credit Obama with the 1% doing great. That's just what you hoped for, right?

Yes...The evil 1% is reaping the VAST MAJORITY of this market surge. I have hired no new employees, frozen wages, and have not expanded my businesses due to the multitude of issues created by Obama and the dems. However, I keep getting richer. How's that?

Like I said market up=/=to good economy. But, I win either way. It's the middle class they are f$%king.






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Reubaltaich
USA Fan
A nation under duress
Member since Jun 2006
2545 posts

re: No credit to Obama for the stock market rally?


C'mon otto, you know its been Benny and the Inks over at the Fed printing like crazy.

axlerod and jarret has been directing Benny-boy to print monopoly $$$ out the wazoo.

barry has just about maxed out the countries credit cards just to make him look good.

I am afraid when this bubble bursts, its gonna make 2008 look like a walk in the park.

Get ready, beans, bullets...






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Joshjrn
LSU Fan
Baton Rouge
Member since Dec 2008
5787 posts

re: No credit to Obama for the stock market rally?


DS seriously isn't Otto. This meme needs to die





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