Biggest % Drop Post-Election in History

Discussion in 'Blazers OT Forum' started by PapaG, Nov 5, 2008.

  1. PapaG

    PapaG Banned User BANNED

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    DJIA off to a rip-roaring start!

    Plus my company announced a pretty large lay-off this morning!

    Let's get this party started! :ghoti:
     
  2. PapaG

    PapaG Banned User BANNED

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    I have to say that being in the "it's not my fault" position will have its benefits over the next 4 years.

    No need to defend anyone; it's all the other guy's fault when scat hits the fan! :devilwink:
     
  3. maxiep

    maxiep RIP Dr. Jack

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    I wonder how long the Democrats will continue to blame Bush for everything that goes wrong in the Obama administration? I put the over/under at 30 months.
     
  4. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Most likely it will be very similar to how long the Republicans claim credit for anything that goes right as being a delayed reaction to Bush policies.

    Since everything that went wrong under Bush was Clinton's fault, I think we are looking at about 8 years of Bush blaming.

    Or we could just cut out the middleman and continue to blame Clinton, I guess.

    barfo
     
  5. TradeNurkicNow

    TradeNurkicNow piss

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    I think that's dangerously short sighted. I still blame everything on Taft.
     
  6. MARIS61

    MARIS61 Real American

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    Seems that's what you've maintained for the last 8 years also.

    Is it ever your fault?
     
  7. MARIS61

    MARIS61 Real American

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    I guess we'll never know.
     
  8. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    The budget deficit for Obama's first year in office will be $1.5T.

    Stunning.
     
  9. drexlersdad

    drexlersdad SABAS

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    and clinton left bush a huge surplus, so its even worse really.
     
  10. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    I'm sure credit will be given to Obama for "cutting" that deficit to $500B or $600B the following year. When the bailout money won't be part of the deficit.
     
  11. Dumpy

    Dumpy Yi-ha!!

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    Obama is a clueless boob. Socialism, here we come! I can't wait until we all have to wear the same uniforms to work every day, and eat the same food, and sleep in little sleep-pods at night. And have you heard that he is going to paint the white house black?? hahahahahaha
     
  12. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    For ever. It's just what is done.
     
  13. PapaG

    PapaG Banned User BANNED

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    DJIA only down 256 so far today. Great news!!
     
  14. drexlersdad

    drexlersdad SABAS

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    i know, our president should really be held accountable for this.

    oh yeah, he is the reason the gop just suffered a horrible 2 year election record, so i guess he was held accountable.

    gotta love it, bush winning his second term was the worst thing that could have happened to the gop. but i guess he doesnt care, as long as the war factories keep cranking out death machines.
     
  15. ppilot

    ppilot Member

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    Those tend to happen when you are in the beginning stages of a deep economic and financial recession.
     
  16. PapaG

    PapaG Banned User BANNED

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    Not to mention a 10% increase in your capital gains tax...
     
  17. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    It's profit taking from the surge the Dow Jones had on Tuesday.
     
  18. PapaG

    PapaG Banned User BANNED

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    Tuesday was the last chance to make a profit for a while. May as well wait and see if the Dems really will increase the capital gains tax, as they are promising to do. I'll wait until it drops further before I feel comfortable buying into any blue chips at a bargain.
     
  19. PapaG

    PapaG Banned User BANNED

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    Oh, this is fun. -326 and falling!
     
  20. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    You can go the other way and short the market.
     

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