Obama Saves Capitalism

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netrox

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So hilarious - it shows that teabaggers and republicans have no idea what they're talking about:

"If I were one of the big corporate donors who bankrolled the Republican tide that carried into office more than 50 new Republicans in the House, I would be wary of what you just bought.

For no matter your view of President Obama, he effectively saved capitalism. And for that, he paid a terrible political price.

Suppose you had $100,000 to invest on the day Barack Obama was inaugurated. Why bet on a liberal Democrat? Here’s why: the presidency of George W. Bush produced the worst stock market decline of any president in history. The net worth of American households collapsed as Bush slipped away. And if you needed a loan to buy a house or stay in business, private sector borrowing was dead when he handed over power.

As of election day, Nov. 2, 2010, your $100,000 was worth about $177,000 if invested strictly in the NASDAQ average for the entirety of the Obama administration, and $148,000 if bet on the Standard & Poors 500 major companies. This works out to returns of 77 percent and 48 percent.

http://opinionator.blogs.nytimes.co...s/?scp=6&sq=obama+good+for+business&st=Search

And he sealed 10 billion dollars with India to provide more jobs and conservatives whine saying it's not enough. LOL!
 
So hilarious - it shows that teabaggers and republicans have no idea what they're talking about:

"If I were one of the big corporate donors who bankrolled the Republican tide that carried into office more than 50 new Republicans in the House, I would be wary of what you just bought.

For no matter your view of President Obama, he effectively saved capitalism. And for that, he paid a terrible political price.

Suppose you had $100,000 to invest on the day Barack Obama was inaugurated. Why bet on a liberal Democrat? Here’s why: the presidency of George W. Bush produced the worst stock market decline of any president in history. The net worth of American households collapsed as Bush slipped away. And if you needed a loan to buy a house or stay in business, private sector borrowing was dead when he handed over power.

As of election day, Nov. 2, 2010, your $100,000 was worth about $177,000 if invested strictly in the NASDAQ average for the entirety of the Obama administration, and $148,000 if bet on the Standard & Poors 500 major companies. This works out to returns of 77 percent and 48 percent.

And he sealed 10 billion dollars with India to provide more jobs and conservatives whine saying it's not enough. LOL!

Where is your link?
 
Wirelessly posted

Doesn't really matter anymore now Forbes declared Hu Jintao the most powerful man in the world.
 
Wirelessly posted

Doesn't really matter anymore now Forbes declared Hu Jintao the most powerful man in the world.

who?
 
And he sealed 10 billion dollars with India to provide more jobs and conservatives whine saying it's not enough. LOL!
Does that mean all those call-in centers will be returning to America? Nothing like having issues with Comcast, being HOH, and calling for tech support, only to get someone named "Ravi" with an accent so heavy he might as well speak backwards. :mad2:

BTW, $10 billion is nice, but hardly makes a ripple in our current situation.
 
Does that mean all those call-in centers will be returning to America? Nothing like having issues with Comcast, being HOH, and calling for tech support, only to get someone named "Ravi" with an accent so heavy he might as well speak backwards. :mad2:

BTW, $10 billion is nice, but hardly makes a ripple in our current situation.

And the deal was done before he even went.......
 
A little secret......Stocks rise on opportunity....not the economy. But please continue not to believe that. :)

Teach your grandmother to suck eggs, kid. :lol:

(Just pulling your leg. I agree with you. To a POINT, though, lol.)
 
so who started the deal?

I am pretty sure obama secretly went to India wearing an overcoat standing on a street corner whispering "Hey buddy, need a plane?" :lol:
 
A little secret......Stocks rise on opportunity....not the economy. But please continue not to believe that. :)

Um, your point is? You gonna dismiss everything the Wall Street says?
 
I am pretty sure obama secretly went to India wearing an overcoat standing on a street corner whispering "Hey buddy, need a plane?" :lol:

so... who started the deal?
 
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