Obama is throwing hundreds of billions of dollars toward fixing the economy, yet Wall Street continues to say it's not good enough. The stock market continues to plummet and the news just keeps getting gloomier. What do they want? Why do we even listen to them? Aren't they the ones that played a large role in how we got in to this mess?What will it take the Obama administration to satisfy Wall Street?You realize that much of the decline in stock prices is a direct consequence of the spending bill just passed and the additional spending bill that Obama said he will sign?
Unlike the Obama supporters people who place their own money on the line when they invest pay close attention to the effects of the spending bill.
For example - are you even aware of exactly where the money to pay for these spending bills will come from? Here is a clue for the clueless - it is going to come out of the same pool of money that normally goes into the stock market (the investment and capital market). The government is borrowing that money in competition with the people seeking to borrow money for business investment and in competition for the money that would otherwise go to purchase stocks.
Another thing to consider is that with Obama's promise to repeal the Bush era tax reforms - stocks are not going to be a good long term investment in the future. Thus people who are looking to invest long-term are disinclined to invest in the stock market due to the massive tax increase they will be facing.
And finally, the promises of tax hikes on the 'rich' have caused them to move their mkoney out of economically productive investments and into investments that are designed more to protect them from the tax increases. Remember the term 'tax shelter' and how these things are only popular during periods of high taxes on the investing classes (which are also periods of low economic performance).What will it take the Obama administration to satisfy Wall Street?
$ $ $What will it take the Obama administration to satisfy Wall Street?because wall street doesn't care.
they're all self fish bastards.
My guess is that whatever they want will require lots of lube.What will it take the Obama administration to satisfy Wall Street?If everyone died and they had all the money in the U.SWhat will it take the Obama administration to satisfy Wall Street?
People who invest in the market are mainly ordinary people like us. The Republicans have them terrified so they're selling instead of buying. I haven't sold anything.
Wall Street need to satisfy the Obama administration and the American people.
Not the other way around.What will it take the Obama administration to satisfy Wall Street?
Do you work? At a pretty big company probably? Those "ones that played a large role to getting us into this hole" are paying your paychecks most likely. Don't blame the companies 100%. Even then it was only a few mainly AIG and such. Also, even then it wasn't 100% their fault. The way they make money is to give loans out, they did so, sure they should've denied those people who obviously wouldn't be able to pay it back. But that also falls partially on those idiots that took out loans they had no chance in paying back.
Ask the people who blamed Bush for everything, he did the same thing and wall street complained then.
You are right, there are several thousands of people that are responsible. However, I personally don't think importing $100 steaks from Japan and throwing lavish parties is a good idea while Obama says he's trying to stimulate the economy. Lead by example is what I always say.
Duh! The Wall Street People steal the money and want more!!!
It's Bush and his friends', the world elites' fault. Common normal people
have to pay for rich retards with good lives.
They dont want money. They want direction, strong leadership. %26amp; positive talk. But Barry doesn't want that. As wall Street crumples, Americas faith in capitalism dissolves %26amp; dependence on Obama's govt grow ever more powerful. Just what he wants.
You like many dems need to take some business class to see how markets work. Throwing money at it will not help, you need to create an atmosphere where wealth can be generated. Once the Obama team does this with tax cuts and deregulation there will be a surge in market participation.
You have to listen to the market because that is where you job comes from, even if it collapses to zero. It is difference between you working in an office or being unemployed, building expensive high-end products for the American Consumer or building cheap knock-off toys for Chinese children, will you be living in a world super power or a third world country. The choice was really ours last election, and a little more than half of the American People chose the later.
Economies will continue to move forward, you can't stop them. Just ask the U.S.S.R. err Russia.
A plan that will actually work and wont make our taxes, twenty years from now, be extremely ridiculous.
Yeah, they are and we put the money back into them expecting them to change their ways and not be a bunch of bastards and they say its not enough because they don't want to change. Screw them! I say hang them by their necks till they are dead!
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