On Nov 21, 11:19=A0am, Wexford wrote:
> On Nov 21, 12:11=A0pm, "Sid9" wrote:
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> > "TheLegionsofRome" wrote in
> > messagenews:6e52bcdd-4036-4ed2-9749-fe72fd35ba2e@v39g2000pro.googlegrou=
ps.com...
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> > > On Nov 21, 8:23 am, Baggi B
> > > wrote:
> > >> On Nov 21, 9:11 am, TheLegionsofRome
> > >> wrote:
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> > >> > The stock market always projects six months
> > >> > into the future and the it
> > >> > sees a very sad future under Obama.
>
> > >> You know nothing about economics and the stock
> > >> market. Please, please,
> > >> stick with things you understand.
>
> > >> Baggi
>
> > > _____________________________________________________________________=
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> > > Of course the economy under Carter with 20%
> > > interest rates and
> > > stagflation was great. That may make the Obama
> > > economy look good,
> > > however.
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> > Carter inherited a mess.
> > He and Volker cleaned it up.
> > It cost Carter reelection.
> > Then came Reagan who started our country downhill.
> > Clinton got it right only to be thwarted by
> > HWBush, and bush,jr the inferior.
> > Now Obama will be the cleanup man for the
> > Republican incompetent- Hide quoted text -
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> > - Show quoted text -
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> Just a point -- Regan inherited Volcker from Carter and continued the
> tight money policies that Carter initiated. Interest rates and
> inflation declined while unemployment rose a bit.
>
> The Stock Market hit its post-1968 nadir in November, 1975, when the
> Dow closed at 575. As soon as Carter took the oath of office, the
> Market started to rise, adn continued to rise until GW Bush took
> office.- Hide quoted text -
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> - Show quoted text -
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Ya the Carter economy was just great. Just when you think a poster
can't be anymore stupid, you this one. |
