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02-11-2009, 04:27 AM
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Pride of the Neighborhood
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Join Date: Feb 2007
Posts: 6,166
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Gietner Speaks, Dow Drops 5%
Man! Obama is having a rough first 100 days! Treasury Secretary spoke to Congress about the bank bailout proposal. The Dow's reaction? Dropping 5%. Gietner is getting pummled in the press, even traditionally liberal outlets. Is Obama ever going to have a good week?
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When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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02-11-2009, 06:04 AM
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Banned
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Join Date: Dec 2007
Posts: 31,124
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Re: Gietner Speaks, Dow Drops 5%
Quote:
Originally Posted by deacon blues
Man! Obama is having a rough first 100 days! Treasury Secretary spoke to Congress about the bank bailout proposal. The Dow's reaction? Dropping 5%. Gietner is getting pummled in the press, even traditionally liberal outlets. Is Obama ever going to have a good week?
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I think he's going to have a very rough first term, Bush left us quite a mess.
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02-11-2009, 06:05 AM
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Not riding the train
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Join Date: Mar 2007
Posts: 48,541
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Re: Gietner Speaks, Dow Drops 5%
"Geithner would have been better off not giving a speech until he could put real meat on the bones. What he pulled Tuesday was a classic rookie move that will further erode the public’s trust in his capabilities. Following the controversy over his late payment of taxes, this bank-plan blunder could be another nail in his coffin. Apparently, Tim Geithner is not yet ready for prime time." - Larry Kudlow
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02-11-2009, 06:06 AM
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Not riding the train
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Join Date: Mar 2007
Posts: 48,541
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Re: Gietner Speaks, Dow Drops 5%
Quote:
Originally Posted by Aquila
I think he's going to have a very rough first term, Bush left us quite a mess.
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Did he? All by his lonesome? I don't think so.
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02-11-2009, 06:11 AM
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Registered Member
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Join Date: Feb 2007
Location: Louisiana
Posts: 5,529
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Re: Gietner Speaks, Dow Drops 5%
Quote:
Originally Posted by Aquila
I think he's going to have a very rough first term, Bush left us quite a mess.
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Yes and Congress had absolutely no part in it. A Democratically control Congress I might add.........  .......I wonder which party was in cotrol and got the housing mess started?
President Bush and President Obama do not make the laws nor control the purse strings of the Nation. That happens to be the job of the Congress.
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Psa 119:165 (KJV) 165 Great peace have they which love thy law: and nothing shall offend them.
"Do not believe everthing you read on the internet" - Abe Lincoln
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02-11-2009, 06:13 AM
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Registered Member
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Join Date: Dec 2008
Posts: 3,596
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Re: Gietner Speaks, Dow Drops 5%
I love days like that in the market, I picked up some awesome deals yesterday.
Folks might be finding out that Ol Bama is not the messiah after all!
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02-11-2009, 07:34 AM
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Not riding the train
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Join Date: Mar 2007
Posts: 48,541
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Re: Gietner Speaks, Dow Drops 5%
Q: How do you get Democrats to pay taxes?
A: Appoint them to Cabinet positions.
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02-11-2009, 09:40 AM
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Registered Member
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Join Date: Dec 2008
Posts: 3,596
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Re: Gietner Speaks, Dow Drops 5%
Quote:
Originally Posted by Pressing-On
Q: How do you get Democrats to pay taxes?
A: Appoint them to Cabinet positions.
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AAAAAAAAAAAHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!
So true, So true!!
Hard to dispute that one.
Ol Bama has struck out on what, 4 or 5 of his cabinet picks! So much for a NEW thing!
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02-12-2009, 09:20 PM
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Pride of the Neighborhood
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Join Date: Feb 2007
Posts: 6,166
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Re: Gietner Speaks, Dow Drops 5%
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Originally Posted by TJJJ
AAAAAAAAAAAHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!
So true, So true!!
Hard to dispute that one.
Ol Bama has struck out on what, 4 or 5 of his cabinet picks! So much for a NEW thing!
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Make that one more cabinet pick strike out.
__________________
When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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02-12-2009, 09:27 PM
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Pride of the Neighborhood
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Join Date: Feb 2007
Posts: 6,166
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Re: Gietner Speaks, Dow Drops 5%
Quote:
Originally Posted by Aquila
I think he's going to have a very rough first term, Bush left us quite a mess.
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Much of his problems have been self-inflicted Aquila. This bunch looks very amateurish. He can't blame Bush for cabinet picks that dodon't pay taxes. He can't blame Bush for the $350 million TARP $---he voted for it! Can't blame Bush for Giethner's poor performance.
__________________
When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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