DOW hits 8800

[240 is Back]

All this praying that Obama's economic policy would fail, and still we're appraoching 9000.

[BM OUT]

Another 600,000 jobs lost.Thats change we can believe in.He has failed.The stimulous has done NOTHING.It hasnt helped create ONE job.HE HAS FAILED!!!

[240 is Back]

Another 600,000 jobs lost.Thats change we can believe in.He has failed.The stimulous has done NOTHING.It hasnt helped create ONE job.HE HAS FAILED!!!

job loss peaked when Bush left office.  Obama has improved things every single month. 

[LurkerNoMore]

Obama really get in your head doesn't he Billy?

[BM OUT]

job loss peaked when Bush left office.  Obama has improved things every single month. 

That is a TOTAL lie and a fraud.The unemployment rate was UNDER 8% with Bush,its now over 9%.Please,you sound as dumb as Olberman.

[Soul Crusher]

job loss peaked when Bush left office.  Obama has improved things every single month. 

Unbelievable!!!!!!!!!!!!!!!!!


1.6 million jobs loss since the stimulus and you have the balls to say this?

[GigantorX]

All this praying that Obama's economic policy would fail, and still we're appraoching 9000.

Who says the market has anything to do with the economy? Isn't that what Obama said, "that a healthy Wall St doesn't equal a healthy Main St?". Who says his "economic policy" (what is his policy exactly?) has anything to do with this? Lets stay objective here, we are still way in the hole.

The market isn't necessarily going "up" because of the fundamentals are improving. Lots of involvement with major institutions and the Fed with a boatload of printed money.

Unemployment still high and will probably go above 10%, oil/gas going up through $75 per barrel/3.00 a gallon.

Lots of propaganda by the media and government out there that is producing lots of speculation.

[Soul Crusher]

Obama really get in your head doesn't he Billy?

So would any marxist/racist/communist/liar/bi-sexual/cocaine sniffing/foreign born/incompetent/ fraud who was hell bent on destroying our country by printing trillions of dollars with a printing press to fund garbage govt programs and stimilus programs that drive us into bankruptcy. 

Hey lurker - serios question -  do you still have your Obama sticker on your car??? 

[Benny B]

So would any marxist/racist/communist/liar/bi-sexual/cocaine sniffing/foreign born/incompetent/ fraud who was hell bent on destroying our country by printing trillions of dollars with a printing press to fund garbage govt programs and stimilus programs that drive us into bankruptcy. 
 

LOL 



The greater the success, the greater the desperation and pathetic vitriol.

[BM OUT]

LOL 



The greater the success, the greater the desperation and pathetic vitriol.

There has not been ONE SINGLE SOLITARY success in this administration.Its one failure after another.

[Soul Crusher]

There has not been ONE SINGLE SOLITARY success in this administration.Its one failure after another.

Blow-job boy still has a glory hole in his Obama cardboard Obama figure in his bedroom. 

[headhuntersix]

That is a TOTAL lie and a fraud.The unemployment rate was UNDER 8% with Bush,its now over 9%.Please,you sound as dumb as Olberman.

um 240....

[shootfighter1]

The dow is up a bit...thats a good sign, but is only one indicator of what is going on.

With the insane amount of $ that was spent on the stimulus, TARP and other bailouts, we should be seeing dramatic recovery if these programs were worth while.  We have seen a little improvement in the dow but experienced greater unemployment than predicted by the Obama administration, worse national debts, appears like there will be less growth than predicted later this year, a devaluation of the currency with all the money that was printed and the gov has imposed its will on private industry.

[GigantorX]

The dow is up a bit...thats a good sign, but is only one indicator of what is going on.

With the insane amount of $ that was spent on the stimulus, TARP and other bailouts, we should be seeing dramatic recovery if these programs were worth while.  We have seen a little improvement in the dow but experienced greater unemployment than predicted by the Obama administration, worse national debts, appears like there will be less growth than predicted later this year, a devaluation of the currency with all the money that was printed and the gov has imposed its will on private industry.

This was ole' 240 trying to start something, but it totally backfired.

[240 is Back]

it was an avalanche of unemployment from sept 2008 when the oil run happened, up until jan 2008 when it began turning around.

it's turning around. 

[The Showstoppa]

it was an avalanche of unemployment from sept 2008 when the oil run happened, up until jan 2008 when it began turning around.

it's turning around. 

240, a chart of "job losses", huh?  Think on that for a second...of course there is going to be eventually less "job losses" because there are less jobs to lose.

[Kazan]

Interesting 240, maybe you send that chart to the 20 people who just got laid off from my company last week. I'm sure that will make them feel much better

[240 is Back]

Interesting 240, maybe you send that chart to the 20 people who just got laid off from my company last week. I'm sure that will make them feel much better

I don't blame the economy crash of Sept 2008 on bush.  I blame it on greedy people who ran up oil prices.

This hurt many sectors, and this hurt peaked in Jan 2009.  There is a turnaround in motion now, and while it sucks, the bleeding is lessening.  Once it hits zero, the trend will continue and we'll see job growth.

Nobody here expected things to turn around overnight.  700,000 jobs lost in january.  nobody thought it'd be zero jobs lost in Feb, did they? 

My point is that the DOW is steady, the bleeding is stopping when it comes to unemployment, and yes, we may hit 11%, but then positive growth will return when it hits that zero mark and starts going positive.

[BM OUT]

I don't blame the economy crash of Sept 2008 on bush.  I blame it on greedy people who ran up oil prices.

This hurt many sectors, and this hurt peaked in Jan 2009.  There is a turnaround in motion now, and while it sucks, the bleeding is lessening.  Once it hits zero, the trend will continue and we'll see job growth.

Nobody here expected things to turn around overnight.  700,000 jobs lost in january.  nobody thought it'd be zero jobs lost in Feb, did they? 

My point is that the DOW is steady, the bleeding is stopping when it comes to unemployment, and yes, we may hit 11%, but then positive growth will return when it hits that zero mark and starts going positive.

Since the stimulous passed we have averaged 600,000 job losses a month.This stimulous was supposed to provide immeadiate benefits with shovel ready jobs.ITS BEEN A TOTAL FAILURE!!!The job losses have not slowed a bit.Unemployment will hit 10%.Again,its over a trillion dollars wasted.

[The Showstoppa]

I'll reiterate, of course eventually there are going to be less "job losses" because there are going to be fewer jobs to lose. 

[240 is Back]

Since the stimulous passed we have averaged 600,000 job losses a month.This stimulous was supposed to provide immeadiate benefits with shovel ready jobs.ITS BEEN A TOTAL FAILURE!!!The job losses have not slowed a bit.Unemployment will hit 10%.Again,its over a trillion dollars wasted.

What month did the stim pass?

[BM OUT]

What month did the stim pass?

The end of Jan?

[240 is Back]

I'll reiterate, of course eventually there are going to be less "job losses" because there are going to be fewer jobs to lose. 

very good point.

reminds me of the celebration behind "Civilian deaths are down in iraq this year!"

In reality, it's because everyone who lived in that block got killed or moved... there was nobody left for teh bad guys to target!

[240 is Back]

The end of Jan?

okay, then from the moment the stim bill passed, the avalanche of job loss began to reverse itself.

You can say it wasn't cause/effect, but the biggest slide in US job history suddenly being countered with the biggest spending bill in  history, and immediately the job slide makes a U-turn.

We're talking macro politics here - not micro.  You can't just employ 20 million people overnight.

[BM OUT]

okay, then from the moment the stim bill passed, the avalanche of job loss began to reverse itself.

You can say it wasn't cause/effect, but the biggest slide in US job history suddenly being countered with the biggest spending bill in  history, and immediately the job slide makes a U-turn.

We're talking macro politics here - not micro.  You can't just employ 20 million people overnight.

We have steadily lost 600,000 jobs a month.The job losses have not slowed.Going from 630,000 job losses to 615,000 job losses is not slowing.Now,according to the mesiah,the stimulous created or saved 150,000 jobs.Talk about voodoo statistics.When Obama took over unemployment was under 8% ,its now almost 10%.Most would admit that that statistic alone might be a bit of evidence that job losses havent slowed.It has increased and continues to increase after throwing a trillion dollars at the proble.Obama has failed!!