Categories
Politics

Stock Markets Plunged After FBI Announcement on Hillary Clinton’s Emails

But…but… Donald Trump is supposed to “Make America Great Again!” Wouldn’t such an announcement by the FBI boost Donald Trump, even giving him a sure path to the White House? Why would the Stock Market react this way to this announcement?

Because Trump is all talk, that’s why. And economists have already said that if implemented, Trump’s economic policy would be disastrous. That his economic policy would explode the debt and plunge America into an economic black hole!

Categories
Politics

Another Record for Stocks – Not a Good Definition of “a Crisis”

U.S. stocks surged Tuesday as investors digested stellar economic data that appeared to put the housing and financial crises far in the rearview mirror.

The Dow Jones Industrial Average closed at a record high of 15,409.39, after gaining more than 100 points, or 0.7%. (Tracking the Dow 30).

The S&P 500 rose 0.7%, and the Nasdaq added 0.9%.

At the same time, the yield on the 10-year Treasury note surged above 2.1% — its highest level in more than a year.

Categories
Politics

Conservatives Want to Impeach Obama for “Wrecking the Stock Market”

Although the stock market just closed at the highest it has ever been, the craziness coming from the conservative movement just cannot take a day off.

Today, the Dow Jones Industrial Average closed at 15,056, an all-time record. For one conservative group, this can only mean one thing: it’s time to impeach President Obama.

That was the message Capitol Hill Daily, a conservative publication based out of Baltimore, sent to Citizen United’s listserv today. They accused President Obama of “wreck[ing] the stock market” and asked readers to take a poll about whether he should be impeached as a result.

From the email:

Dear Concerned Reader,
Fearing the very worst, the nation’s super-rich are unloading their stocks at an alarming rate.

Even more troubling, the wealthiest 1% of Americans, who typically know the most, are the ones most anxious to sell.

You see, Obama just allowed 13 new tax increases to further slow the economy, wreck the stock market and make it even harder on the 12 million Americans already looking for work.

The bigger question is this…
Is Obama’s Latest Tax Screw Up Grounds For Impeachment?

Again, the stock market is in record high territory. But these people are circulating materials asking for the impeachment of the president for wrecking the stock market?

Republicans should be outraged that their leaders think so little of them. Why would you accept information that is known to be a lie? Why are you Republicans so easily fooled?

Categories
Politics Wall Street

Who Should Be Blamed For Dow Reaching Record High?

Remember when Republicans and Mitt Romney said that the only way the economy would recover was if Mitt Romney was elected in November? Well Romney wasn’t elected and today, the stock market hit a new high – a new record.

If Romney was in office, Republicans would be praising him now as the savior. Well, I’m not going to praise President Obama as savior, but I will give him and his policies much credit for helping lift the economy out of the dungeons Bush left it in.

The benchmark Dow Jones industrial average reached an all-time high Tuesday on news that China was pledging to plow more money into its economy, returning the markets to highs not seen since before the 2008 financial crisis.

By noon Tuesday, the Dow was up more than 145 points, or 1.03 percent, to 14,273.70, blowing past both an intraday record and a closing record that were both set in October 2007, during a time when the economy was just peaking and headed toward disaster. The previous intraday trading high was 14,198.10; the closing record was 14,164.53.

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