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Not Again! Dow closes below 8,000 Print E-mail
The Lance Haynie Blog
Written by Lance R. Haynie   
Wednesday, 19 November 2008 15:59

So the Dow is closing lower and lower, Ford has lost 25% of its value and this is just the start. Now I refuse to blame Barack Obama, yet. I am going to give him that chance to fail in the spotlight, not just speculate on it. Barack Obama

Anyone with any common sense when it comes to the economy knows that raising taxes on the people, taxing corporations higher, enacting windfall taxes, and raising capitol gains taxes will only hurt the economy. I mean is it just me or is the best hedge against a bad economy is to, profit?

It wont be long before we see what happens with Obama in office. Will he go down in flames? Only time will tell, but if he starts pushing us uber leftist agenda through I believe he will.

 

 

Dow Joes on 11/19/2008

 



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2Hotel9   |2008-11-20 01:37:57
Oh, and Lance? Welcome to the fray! I'll link you around to some of the gang,
get you on Frogman's roll, too.
2Hotel9   |2008-11-20 01:10:59
Dave? Been living under a rock for the last 30 years? Who has held control of
the Congressional Committees and USG agencies who have been directing and
"regulating" the mortgage,banking and investing industry since the
passing of the Community Reinvestment Act of 1977? Which political Party has had
the reigns of this industry in their hands since the late '60s?

And spare us
the wailing&gnashing of teeth about "Deregulation". What a crock.
Banking, mortgage and investing are the most regulated industry in the
world.

This,"Obama is right, we can't keep on
doing what doesn't work. And
YOUR guys are to blame! :)" is hi-larious! Your boy Barri is hiring all the
Democrats who created this entire mess, and they are going to continue to do
exactly what does not work, as they have for 30 years. Where is all that change
that Barri kept screeching about in his campaign? All I see is samesame, no
fixee fixee.
Dave Conley  - Dow Below 8000 & Obama   |2008-11-19 13:29:37
Lance,
You're at it again.
I simply had to laugh out loud...and I quote
you,
"It wont be long before we see what happens with Obama in office. Will
he go down in flames? Only time will tell, but if he starts pushing us uber
leftist agenda through I believe he will."
HA! Well, tell me. Just HOW
could Obama make things any worse? Your conservative GOP buddies are
responsible for our current financial mess. Obama is right, we can't keep on
doing what doesn't work. And YOUR guys are to blame! :)
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