"TheLegionsofRome" wrote in
message
news:427e8540-8435-43ef-9fb6-94dc17798f8f@q30g2000prq.googlegroups.com...
> On Nov 21, 11:19 am, Wexford
> wrote:
>> On Nov 21, 12:11 pm, "Sid9"
>> wrote:
>>
>>
>>
>>
>>
>> > "TheLegionsofRome" wrote
>> > in
>> > messagenews:6e52bcdd-4036-4ed2-9749-fe72fd35ba2e@v39g2000pro.googlegroups.com...
>>
>> > > On Nov 21, 8:23 am, Baggi B
>> > > wrote:
>> > >> On Nov 21, 9:11 am, TheLegionsofRome
>> > >> wrote:
>>
>> > >> > 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
>>
>> > > ___________________________________________________________________________ญญ____________________________
>> > > Of course the economy under Carter with 20%
>> > > interest rates and
>> > > stagflation was great. That may make the
>> > > Obama
>> > > economy look good,
>> > > however.
>>
>> > 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 -
>>
>> > - Show quoted text -
>>
>> 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 -
>>
>> - Show quoted text -
>
> _________________________________________________________________________________________________________________
> Ya the Carter economy was just great. Just when
> you think a poster
> can't be anymore stupid, you this one.
It wasn't great.
It was an economy under repair.
They succeeded.
Now we need to do it all over again.
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