Re: If OBAMA gets elected.. the Stock Market will crash

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Article #189

#189

From: WDS
Date: Wed, 08 Oct 2008 15:17

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On Oct 8, 9:51 am, Scott <scott.sm...@iphouse.com> wrote:
> On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III"
>
> <j...@johnweeks.com> wrote:
> >In article
> ><18fadf86-a474-43f0-9bd7-6cedc9a62...@n33g2000pri.googlegroups.com>,
> > charleneco...@excite.com wrote:
>
> >> If OBAMA gets elected.. the Stock Market will crash
>
> >Don't you mean that if George W Bush gets elected, the market
> >will take a major dive?  
>
> Not just the market, but the entire damn economy crumbled under
> Bush and his deregulation cronies.
>
> >By the time Mr. Obama gets in office,
> >the market will be so low that he will get the credit for the
> >subsequent 3000 point recovery.
>
> Exactly...kind of the same way Reagan got credit for the Berlin
> Wall coming down and the fall of the Russian economy...right place,
> right time.

The economy, and heck the world, just lurches along at its own pace.
Specific government actions can trim off the peaks and thus fill in
the valleys a bit, or the reverse, but overall nothing they do will
stop the cyclical nature of these things.  Whoever is in power at the
time good things happen takes credit and blames the bad things on the
previous guys.  The guys out of power do the reverse.  Only partisans,
and idiots, actually believe them.  This is the 3rd or 4th stock
market "crash" I've been through (let's see, 73, 87, 00, now) and
nothing has changed.

The current administration definitely pushed to get the peak higher
and thus the resulting valley vastly lower.

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<18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com> <john-E0C314.06363308102008@comcast.dca.giganews.com> <93ipe4tqucushcp685tb8fk3vhse6jatbe@4ax.com>

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From: WDS <Bill@seurer.net>
Newsgroups: pa.general,fl.general,oh.general,co.general,mn.general
Subject: Re: If OBAMA gets elected.. the Stock Market will crash
Date: Wed, 8 Oct 2008 08:17:48 -0700 (PDT)
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