Politics and Religion

0bama is propping up the DOW with a printing press
User1994 23 Reviews 447 reads
posted

W's economic advisor was exactly right. Of course, since he said that, 0bama has begun printing money and giving it to the 1% (QE), and companies like GE have gotten in bed with him, creating a cronie "free market" economy, kind of like China.  
   
 And you are more than a little deluded if you don't see all the misery 0bama's economic policies have caused.

..."Obama's radicalism is killing the Dow."  

Obama had been in office less than two months but was being blamed by Republicans for the stock market tanking even though it had been over 14,000 in October, 2007 under Bush and most of the drop came during the Bush administration.

Boskin expressed his views in an Op-Ed in that righty rag The Wall Street Journal.  It has come to be known as: "The Worst Op-Ed in History."

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/12/23/now-that-the-dow-has-hit-18000-let-us-remember-the-worst-op-ed-in-history/

And Boskin is being called "Wrongstradamus" for his money losing forecasts and doomdaying.

http://www.ritholtz.com/blog/2013/03/michael-boskin-wrongstradamus/

In March, 2013, The World's Wrongest Man was at it again, predicting that: "(Obama's) economic policies will lead us to misery."

http://nymag.com/daily/intelligencer/2013/03/worlds-wrongest-man-ventures-latest-prediction.html

Today, the Dow hit 18,000.  McConnell, Boehner and all the Republicans who blamed Obama for the fall had this to say about the record close:

http://www.youtube.com/watch?v=K8E_zMLCRNg

Michael Boskin - just one more reason George W. Bush will go down in history as the worst president ever.

Bush only managed the silver. BP will now knock Quinnipiac as a shit polling company or Time as a right wing rag! :D :D

...that I said: "Bush will go down in history."  Presidents should only be judged after many years out of office.

If the economy continues the way it has been going, let's see what the Quinnipiac poll says next year, Mr. Snap Judgment.  No medals have been awarded yet, except by righty haters.

W's economic advisor was exactly right. Of course, since he said that, 0bama has begun printing money and giving it to the 1% (QE), and companies like GE have gotten in bed with him, creating a cronie "free market" economy, kind of like China.  
   
 And you are more than a little deluded if you don't see all the misery 0bama's economic policies have caused.

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