He can't ignore the market. He does so at his peril,and he knows it.
Marxist? Can't see it. Socialism for the rich? Yes. (same as Republicans)
Power grabbing, pork lover, yes, yes.
Trying desperately to raise taxes (regressive taxes) while claiming to adhere to his campaign rhetoric, yes.
Humongous deficits far, fer into the future yes.
Any idea on how to fix WELFARE entitlements (Social Security, Medicare, Medicaid) which are responsible for those deficits, no.
-- In MediaValue@yahoogro
>
> One of the rare times that I agree with Cramer alThe thhe thing that Cramer do get iget is that Obama doesn't give a crap about the stock market. His background is based on redistribution of wealth and central control of the economy and business. That is bad for stocks and if I didn't believe that the American people will reject this road toward socialism in 2010 and 2012 I would sell all of my stocks. It is as clear as day to me that Obama is more Marxist than I thought I would be. The goddamn press continues to fall all over him and ignore that fact. It's like we're living a nightmare now where everywhere you turn the left is in control.
> A revolution of ideas using the power of our voices and votes will save our country. The stimulus plan, cap and trade, national health care, amnesty for illegal aliens, etc are all ways for the left to control our lives for decades.
>
> I adamantly reject the policies of Obama and his minions and will not subject my children to live under socialism. I will be more active politically and fight for bringing our country back to her founding principles. I have had enough! Have you? If you have, get more active locally and make a difference or we are going to lose our country. If you think you can't make a difference you're all wrong. the Tea Parties are the start and will grow larger as the Obama power grab rolls on.
>
>
> --- In MediaValue@yahoogro
> >:
> >
> >
> >
> > Cramer: Obama Hurthconomy Economy
> Post
d By Posted By:Tom Brennan
> >
> >
> > The same force that so hurt the markets this winter has yet again reared its ugly head: the White House's anti-business rhetoric. Cramer on Wednesday begativehe negative sr stoeks' or stocks' recent pullback. Investors don't seem to trust President Obama to create jobs and stimulate the economy, not when he prioritizes climate change and health care.
> >
> > "I want President Obama to succeed," Cramer said, "but rightettinge'
bama
> > Obama's administration sorking ore working on all the wrong things, at least for now given the recession and the chatter about revisiting the early March lows. On top of cap-and-trade and Medicare, the president has pushed for the expansion of union powers, taxing offshore corporate profits and even probing AT&T [T 23.38 -0.16 (-0.68%) ] and Verizon [VZ 28.64 -0.01 (-0.03%) ] on antitrust grounds. Cramer doubted that Obam cleard send clearer signals that his concerns are anywhere but the economy. Not that these aren't noble pursuits, but people need steady income so they can pay their mortgages.
> >
> > "The president should be focusing on job creation," Cramer said, "but is in fay littry very little of >
>ort."
> >
> > A look at the Mad Money Obama Accountability Index, created just after Inauguration Day, tells the tale.
> >
> > The index, comprising
> >
> > Bank of America [BAC 11.97 0.13 (+1.1%) General Electric [GE 10.86 0.15 (+1.4%) ],
> > Citigroup [C 2.69 0.07 (+2.6 > JPMorgJP
> JPMorgan Chase [JPM 33.62 0.91 ],
> > ) ],
> > Caterpillar [CAT 30.62 0.04 (+0.13%) ] and
> > General Motors [GM 0.075 -0.005 (-6.25%) ],
> > has dropped to 96.1 from its starting point of 100.
> >
> > While that may not sound bad, this measure of Obama's job performance "has been on the Cramering," Cramer said. And on a tes, t co ba co, t drop could drop to 84 if all this anti-business chatter continues.
> >
> > Businesses won't start hiring until we get two of three economic imperatives, Cramer said: people need to feel their job, theistable, their home prices are sta stocks are goiocks are going higher. Right now we have stabilization in home prices, but not in jobs. And then there's the OAI. One of three isn't good enough.
> >
> > Cramer urged Obama to postpone his agenda foor of in favor of boosting the economy. Anay te do t way to do that is to fight unemployment.
> >
> > "Without more job creation," Cramer said, "the president's agenda and his ttinue ll continue to slowly and inexorably sqfe zut of life out of this stock market."
> >
>
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch format to Traditional
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe
No comments:
Post a Comment