WSJ Editors Don't Seem to Like Obama's Plans

#4
#4
obama just said he doesn't follow the stock market because it "just goes up and down and you can't dictate policy" on these random movements. apparently he hasn't realized it's been down almost every day since he suggested this "stimulus" package.
 
#7
#7
droski said:
obama just said he doesn't follow the stock market because it "just goes up and down and you can't dictate policy" on these random movements. apparently he hasn't realized it's been down almost every day since he suggested this "stimulus" package.
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I think his taxation policies and healthcare disaster are murderous to the markets.
 
#8
#8
BigPapaVol said:
It's not a surprise that you didn't read the article.
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I skimmed over it. It's not a bad article, and there are a lot of points that are correct.

However, it is written from the conservative viewpoint, which is all I was saying before hand.
 
#9
#9
nickknx865 said:
I skimmed over it. It's not a bad article, and there are a lot of points that are correct.

However, it is written from the conservative viewpoint, which is all I was saying before hand.
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Exactly, damn the conservatives for wanting a smaller government and a free market!

God bless Marx!
 
#11
#11
BigPapaVol said:
I think his taxation policies and healthcare disaster are murderous to the markets.
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that and his lack complete lack of interest in trying to increase confidence. his attitude seems to be "the economy will turn around eventually so i;m not going to do anything now to help the stock market or consumer confidence."
 
#12
#12
nickknx865 said:
I skimmed over it. It's not a bad article, and there are a lot of points that are correct.

However, it is written from the conservative viewpoint, which is all I was saying before hand.
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why is it conservative to say the guy has more political capital right now that any president in ages and has used it to pass legislation that the market finds particularly disheartening?

Obama, to date, has been an anathema to the capitalist world. There is no debate about that. There is also no debate that our capitalist system has served to make this the most powerful economy in the history of the world.
 
#14
#14
droski said:
that and his lack complete lack of interest in trying to increase confidence. his attitude seems to be "the economy will turn around eventually so i;m not going to do anything now to help the stock market."
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they veiled it some, but between the lines said that he's doing this to build his power. He'll lay the blame as long has humanly possible.
 
#15
#15
BigPapaVol said:
why is it conservative to say the guy has more political capital right now that any president in ages and has used it to pass legislation that the market finds particularly disheartening?

Obama, to date, has been an anathema to the capitalist world. There is no debate about that. There is also no debate that our capitalist system has served to make this the most powerful economy in the history of the world.
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No!

Obama is bringing equality through government!

Government is the only answer!
 
#16
#16
BigPapaVol said:
they veiled it some, but between the lines said that he's doing this to build his power. He'll lay the blame as long has humanly possible.
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he's clearly far more concerned about getting reelected than he is about doing what is right by the country and the economy.
 
#17
#17
BigPapaVol said:
why is it conservative to say the guy has more political capital right now that any president in ages and has used it to pass legislation that the market finds particularly disheartening?

Obama, to date, has been an anathema to the capitalist world. There is no debate about that. There is also no debate that our capitalist system has served to make this the most powerful economy in the history of the world.
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I'll agree with you there. However, there are some viewpoints in there that are mainly conservative. I'm not even saying they suck and shouldn't be listened to. I'm just saying, with every article in the op-eds of the WSJ, there are viewpoints that tend to be overly critical of Obama. Has Obama done even a good job? No, not really. If I had to say, I say he's doing an ok job.

OrangeEmpire said:
You should!

You bed wetting government lovin' military hatin' liberal!
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Yes, because I hate the military that keeps me safe and lets me say whatever I want on here.
 
#18
#18
nickknx865 said:
I'll agree with you there. However, there are some viewpoints in there that are mainly conservative. I'm not even saying they suck and shouldn't be listened to. I'm just saying, with every article in the op-eds of the WSJ, there are viewpoints that tend to be overly critical of Obama. Has Obama done even a good job? No, not really. If I had to say, I say he's doing an ok job.



Yes, because I hate the military that keeps me safe and lets me say whatever I want on here.
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You admit to every thing else!

HA!
 
#19
#19
From listening to people that know far more about this than I do, I think that so far his policies have scared the crap out of the banks. Nobody wants the government pointing the finger at them for bad loans, and that more than anything else, though oversimplified, is really limiting the actually liquidity. In theory the money should be there, but fear is holding it back.
 
#20
#20
Lexvol said:
From listening to people that know far more about this than I do, I think that so far his policies have scared the crap out of the banks. Nobody wants the government pointing the finger at them for bad loans, and that more than anything else, though oversimplified, is really limiting the actually liquidity. In theory the money should be there, but fear is holding it back.
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they don't want to go write a loan and then the next day have to write it down.
 
#22
#22
Let me guess, if we had a Republican President the markets would be going up and there would be no deficit spending :rolleyes:
 
#23
#23
The bank we have our home loan through contact us yesterday and said they would drop out interest rate a half a percent if we sign up for automatic bill payment.
 
#24
#24
Lexvol said:
So the big banks are sitting on their cash. Until that changes nobody is going to do anything.
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The TARP idea was the right one, but the idiots have essentially abandoned it and turned it into a big bank loan program.

TARP or relaxed mark to market is the only way to go. I don't like the relaxed mark to market because it's not a true solution for those assets. TARP is.
 
#25
#25
oklavol said:
Let me guess, if we had a Republican President the markets would be going up and there would be no deficit spending :rolleyes:
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I have no doubt that tax decreases across the board or a national tax holiday would get things moving faster than anything Obama has done yet.
 
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