Stock market ends up down over 300 points today

[Tsoprano]

Congratulations Obama.



Wall street doesn't like Democrats, plain and simple.

By the time the change is made, most of those people that rooted him in will be in soup kitchens. He can't stop the hundreds of thousands of jobs that are going to be cut, and the tens of thousands of jobs that have been recently.

Citibank ready to cut thousands of more workers this week in NYC.

Obama: You get people higher salalries with better benefits, great. But then the business owners inflate the prices through the roof all over, so that extra buck or to, covers the price raise for one measley day to day product. In the end, it's still a crummy deal.

And I don't care who's president, just don't be fooled by all this change hype, it probably will happen (as he seems to be the better canidate than Mccain), but fasten your seatbelts....another chunk of years left to suffer.

[Chi_archie]

nothing or no one can change the tough times....we Americans and anyone really that participates in the global economy made our bed...now we need to lie in it..... we are spoiled and want a chicken in every pot yesterday, today, and tomorrow....

its time to grit out teeth, and trudge through the next 2-4 years of tough times...maybe we'll even be better people for it.


no more bail outs, no more bubbles... I'm really happy at my age with this downturn....couldn't be more perfect for me to get my retirement funds, kids' college funds ect... buy more property and homes ect...

I'll be doing okay in 10-35 years

[Panic]

Thank God, I've been watching alot of Man v. Wild. I may be living off the land soon.

[Chi_archie]

great point Panic... i'm pack ratting stuff away for battering purposes


i have 345 shoe laces now

[tacomax]

Congratulations Obama.

I lost $20 dollars in the bar earlier. Thanks, Obama. At this rate, he's going to cost me an extra $7,000 per year.

Wall street doesn't like Democrats, plain and simple.

Hang on - you knew that the stocks would fall today since "Wall street doesn't like Democrats"? So his victory wasn't written into stock prices back in December, but Wall Street decided to do it today?

You're Warren Buffet, aren't you?

[Sinister Cat]

stock market returns by presidential party:

http://blog.wolfram.com/2008/10/16/stock-market-returns-by-presidential-party/

[tacomax]

What? Tsoprano's talking bollocks? That's crazy talk.

[InTheHole]

That's change I can believe in

[pavyracer]

Learn how to make money when the markets go down.

[Tchocky]

Yeah. Wall Street was waiting for the Inauguration to have a big decline so they could spite Obama. What a stupid, misinformed post! The markets and economy always does better when there is a Democrat in the White House. Check your facts before you make any more misleading posts.

[durito]

Congratulations Obama.



Wall street doesn't like Democrats, plain and simple.

Care to guess what the market did during the last 8 years of a democratic president?

Then stop talking out of your ass.

[Tsoprano]

Yeah. Wall Street was waiting for the Inauguration to have a big decline so they could spite Obama. What a stupid, misinformed post! The markets and economy always does better when there is a Democrat in the White House. Check your facts before you make any more misleading posts.

Ok, where did I say they did?

I said congrats Obama because I feel bad for the obstacles he's gonna have to overcome while people that are already broke out there are losing their jobs left and right. They don't have time to wait out this long rebuilding process.

Obviously I wasn't serious with that comment, I posted it as humor since the second the guy is in in office, the closing shows a market down over 350 points.

If I did mean that, why would I say "I don't care who is president"...obviously I would if that statement was true. I would want Mccain.

Everything else I truly meant, what good are minimum wages being brought up a bit when common product costs increase by 10%+?

Next time i'll put "elle oh elle" as Bread would call it.

[bbyhill]

No worries they wont take away the REZ

[Shafted69]

a 10K investment during democrat rule only since 1929 would be worth 300K today

that same investment during repugnant rule only since 1929 rule is only worth 11K today

so basically TSoPRANO you must be a blood sucking short seller.

LMAO!!

http://blog.wolfram.com/2008/10/16/stock-market-returns-by-presidential-party/