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Obama State of the Union

Catawba said:
Its better than it was when Obama took over.




But at a lesser rate than when Obama took over.
Click to expand...

Check it out mid 2008 much higher than now the closer to the election the more it dropped. It is not coming back because Obama is not trusted.

http://www.mdleasing.com/djia.htm


2007
Jan 24 Rises 87.97 to close at 12,621.77, first close above 12,600
Feb 14 Rises 87.01 to close at 12,741.86, first close above 12,700
Feb 27 Falls 416.02 to close at 12,216.24 - declines 3.29% - See greatest DJIA Losses of all time here: DJIA Gains and Losses
Apr 18 Rises 30.80 to close at 12,803.84, first close above 12,800
Apr 20 Rises 153.35 to close at 12,961.98, first close above 12,900
Apr 25 Rises 135.95 to close at 13,089.89, first close above 13,000
Apr 26 Rises 15.61 to close at 13,105.50, first close above 13,100
May 02 Rises 75.74 to close at 13,211.88, first close above 13,200
May 07 Rises 48.35 to close at 13,312.97, first close above 13,300
May 16 Rises 103.69 to close at 13,487.53, first close above 13,400
May 18 Rises 79.81 to close at 13,556.53, First close above 13,500
May 30 Rises 111.74 to Close at 13,633.08, first close above 13,600
Jul 12 Rises 283.86 to close at 13,861.73, first close above 13,700 and 13,800
Jul 13 Rises 45.52 to close at 13,907.25, first close above 13,900
Jul 19 Rises 82.19 to close at 14,000.41, first close above 14,000
Oct 09 Rises 120.80 to close at 14,164.53, first close above 14,100 - All time closing high
The DJIA has risen 6,878.26, or 94%, since the low point of Oct 9, 2002, 5 years ago
2008
Sep 15 Falls 504.48 to close at 10,917.51 on news of the collapse of Lehman Brothers and Merrill Lynch
Sep 17 Falls 684.81 to close at 8,920.70 on fears of AIG rescue failure
Sep 18 Rises 410.3 to close at 11,016.69 on news of world wide central banks injecting billions and billions into the credit markets
Sep 19 Rises 368.75 to close at 11,388.44 on news of government bail out plan
Sep 29 Falls 777.68 to close at 10,365.45, down 6.98%, largest point loss in history
Sep 30 Rises 485.21 to close at 10,850.66, up 4.68%
Oct 09 Falls 678.91 to close at 8,579.19, down 7.33%
The DJIA has fallen 5,585.34, or 39% in one year
Oct 13 Rises 936.42 to close at 9,389.61, up 11.08%, largest point gain in history, fourth largest % gain in history
Oct 15 Falls 733.08 to close at 8,577.91, down 7.87%, second largest point loss in history
Oct 16 Rises 401.35 to close at 8,879.26, up 4.02%
Oct 20 Rises 413.21 to close at 9,265.43, up 4.67%
Oct 22 Falls 514.45 to close at 8,519.21, down 5.69%
Oct 25 Falls 312.3 to close at 8,378.95, the DJIA has fallen 5,785.58, or 41% since Oct 9, 2007
Oct 28 Rises 889.35 to close at 9,069.12, up 10.88%, second largest point gain and fifth largest % gain in history


CRASH - BURN - BAM - GURGLE, GURGLE, GURGLE
Holy Wall Street, Batman, talk about an October surprise!
Nov 05 Falls 486.01 to close at 9,139.37, down 5.05%, following presidential election of Barack Obama
Nov 06 Falls 443.48 to close at 8,695.79, down 4.85%, the DJIA has fallen 929.49, or 9.66% in two days
Nov 12 Falls 411.30 to close at 8,282.66, down 4.76%
Nov 13 Rises 552.59 to close at 8,835.25, up 6.67%
Nov 19 Falls 427.47 to close at 7,997.28, down 5.07%, lowest close since March 14, 2003
The DJIA has fallen 5,267.54, or 40% since Jan 1, 2008
Nov 20 Falls 444.99 to close at 7,552.59, down 5.56%, lowest close since June 23, 1997
The DJIA has fallen 5,712.23 or 43% since Jan 1, 2008
Does this bear market have a bottom?
Nov 21 Rises 494.13 to close at 8,046.42, up 6.54%, fifth largest point gain in history
Dec 01 Falls 679.95 to close at 8,149.09, down 7.70%, fourth largest point loss and twelfth largest percent loss in history
 
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Catawba said:
Who pays attention to campaign promises?
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I do. You want a liar in control of our country. You have one now and the unemployment just keeps growing and growing because companies do not trust him.
 
Catawba said:
What I know is the rate of job losses has decreased under Obama. Our financial crisis was not created overnight and it cannot be fixed overnight.



Our financial situation is better now than it was before Obama.
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When Bush was president and the economy was good the dems tried to say how bad it was. Now they are making excuses for Obama. Hypocrisy
 
Catawba said:
“We’re still losing jobs,” said Dean Baker, co-director of the Center for Economic and Policy Research in Washington. “It’s nothing like we had in the free fall of last winter, but we’re not about to turn around. We’re still looking at a really weak economy.”
85,000 Jobs Lost in December, Clouding Optimism for Recovery - NYTimes.com
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December is not accurate since many place hire temporary help.


FOXNews.com - Jobless Claims Rise Unexpectedly to 480,000


The number of newly laid-off workers filing initial claims for jobless benefits rose unexpectedly last week, evidence that layoffs are continuing and jobs remain scarce.

The rise is the fourth in the past five weeks. Most economists hoped that claims would resume a downward trend that was evident in the fall and early winter.

The Labor Department says that new claims for unemployment insurance rose by 8,000 to a seasonally adjusted 480,000. Wall Street economists had expected a drop to 460,000.
 
ptif219 said:
Check it out mid 2008 much higher than now the closer to the election the more it dropped. It is not coming back because Obama is not trusted.

History of Dow Jones Industrial Average


2007
Jan 24 Rises 87.97 to close at 12,621.77, first close above 12,600
Feb 14 Rises 87.01 to close at 12,741.86, first close above 12,700
Feb 27 Falls 416.02 to close at 12,216.24 - declines 3.29% - See greatest DJIA Losses of all time here: DJIA Gains and Losses
Apr 18 Rises 30.80 to close at 12,803.84, first close above 12,800
Apr 20 Rises 153.35 to close at 12,961.98, first close above 12,900
Apr 25 Rises 135.95 to close at 13,089.89, first close above 13,000
Apr 26 Rises 15.61 to close at 13,105.50, first close above 13,100
May 02 Rises 75.74 to close at 13,211.88, first close above 13,200
May 07 Rises 48.35 to close at 13,312.97, first close above 13,300
May 16 Rises 103.69 to close at 13,487.53, first close above 13,400
May 18 Rises 79.81 to close at 13,556.53, First close above 13,500
May 30 Rises 111.74 to Close at 13,633.08, first close above 13,600
Jul 12 Rises 283.86 to close at 13,861.73, first close above 13,700 and 13,800
Jul 13 Rises 45.52 to close at 13,907.25, first close above 13,900
Jul 19 Rises 82.19 to close at 14,000.41, first close above 14,000
Oct 09 Rises 120.80 to close at 14,164.53, first close above 14,100 - All time closing high
The DJIA has risen 6,878.26, or 94%, since the low point of Oct 9, 2002, 5 years ago
2008
Sep 15 Falls 504.48 to close at 10,917.51 on news of the collapse of Lehman Brothers and Merrill Lynch
Sep 17 Falls 684.81 to close at 8,920.70 on fears of AIG rescue failure
Sep 18 Rises 410.3 to close at 11,016.69 on news of world wide central banks injecting billions and billions into the credit markets
Sep 19 Rises 368.75 to close at 11,388.44 on news of government bail out plan
Sep 29 Falls 777.68 to close at 10,365.45, down 6.98%, largest point loss in history
Sep 30 Rises 485.21 to close at 10,850.66, up 4.68%
Oct 09 Falls 678.91 to close at 8,579.19, down 7.33%
The DJIA has fallen 5,585.34, or 39% in one year
Oct 13 Rises 936.42 to close at 9,389.61, up 11.08%, largest point gain in history, fourth largest % gain in history
Oct 15 Falls 733.08 to close at 8,577.91, down 7.87%, second largest point loss in history
Oct 16 Rises 401.35 to close at 8,879.26, up 4.02%
Oct 20 Rises 413.21 to close at 9,265.43, up 4.67%
Oct 22 Falls 514.45 to close at 8,519.21, down 5.69%
Oct 25 Falls 312.3 to close at 8,378.95, the DJIA has fallen 5,785.58, or 41% since Oct 9, 2007
Oct 28 Rises 889.35 to close at 9,069.12, up 10.88%, second largest point gain and fifth largest % gain in history


CRASH - BURN - BAM - GURGLE, GURGLE, GURGLE
Holy Wall Street, Batman, talk about an October surprise!
Nov 05 Falls 486.01 to close at 9,139.37, down 5.05%, following presidential election of Barack Obama
Nov 06 Falls 443.48 to close at 8,695.79, down 4.85%, the DJIA has fallen 929.49, or 9.66% in two days
Nov 12 Falls 411.30 to close at 8,282.66, down 4.76%
Nov 13 Rises 552.59 to close at 8,835.25, up 6.67%
Nov 19 Falls 427.47 to close at 7,997.28, down 5.07%, lowest close since March 14, 2003
The DJIA has fallen 5,267.54, or 40% since Jan 1, 2008
Nov 20 Falls 444.99 to close at 7,552.59, down 5.56%, lowest close since June 23, 1997
The DJIA has fallen 5,712.23 or 43% since Jan 1, 2008
Does this bear market have a bottom?
Nov 21 Rises 494.13 to close at 8,046.42, up 6.54%, fifth largest point gain in history
Dec 01 Falls 679.95 to close at 8,149.09, down 7.70%, fourth largest point loss and twelfth largest percent loss in history
Click to expand...

What is your point here? We are a couple thousand points higher now with the actions Obama took.
 
ptif219 said:
I do. You want a liar in control of our country. You have one now and the unemployment just keeps growing and growing because companies do not trust him.
Click to expand...

Every politician I've ever known has said things in their campaign they didn't carry out in office. Also Obama has had the handicap of being blocked by an unprecedented number of filibusters by the Republicans. :roll:
 
ptif219 said:
Yet hundreds of thousands a month still losing jobs and you call that good?
Click to expand...

Nope, I'm not calling that good, just better than it was. I never expected him to fix all our problems in just one year.
 
Catawba said:
What is your point here? We are a couple thousand points higher now with the actions Obama took.
Click to expand...

We are 4,000 below july 2008. The closer the election the more it dropped.

Now that Obama is elected the growth is small. Last week it hovered at 10,000 went up 150 points and the next day came back down.

The business community does not trust Obama so they are not investing now.
 
Catawba said:
What is your point here? We are a couple thousand points higher now with the actions Obama took.
Click to expand...
His point is Completely BOGUS with no REAL Cause-and-effect.
About as clever as Blaming Eclipses on the Moon God.

You know, little things like Wall Street Firms Going Under and Banks ready to fail but for Federal Funding and forced mergers. Obama who?

The Economy having been utterly shattered and left in 1929 Ashes during his timeline... only prevented from an identical fate by the Fed saving the system Bush destroyed.
-
 
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Catawba said:
Every politician I've ever known has said things in their campaign they didn't carry out in office. Also Obama has had the handicap of being blocked by an unprecedented number of filibusters by the Republicans. :roll:
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How can the GOP filibuster when Obama had a filibuster proof senate. The problem was democrats.

Funny thing is Obama has broken or done nothing on all his promises. No tax cuts on the middle class is getting closer to being broken.
 
ptif219 said:
How can the GOP filibuster when Obama had a filibuster proof senate. The problem was democrats.

Funny thing is Obama has broken or done nothing on all his promises. No tax cuts on the middle class is getting closer to being broken.
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It was only filibuster proof with a super majority. Name me one other president that had to get a super majority for every bill?

Close only counts with horse shoes and hand grenades. ;)
 
mbig said:
His point is Completely BOGUS with no REAL Cause-and-effect.
About as clever as Blaming Eclipses on the Moon God.

You know, little things like Wall Street Firms Going Under and Banks ready to fail but for Federal Funding and forced mergers. Obama who?

The Economy having been utterly shattered and left in 1929 Ashes during his timeline... only prevented from an identical fate by the Fed saving the system Bush destroyed.
-
Click to expand...

You have proof banks would have failed? Banks did fail only the banks Obama wanted to save got saved. more smoking mirrors.


Show proof. We were not close to the depression we were closer to the recession of Carter Reagan yet I don't remember back then hearing we were on the verge of a depression.

Depression is more of Obama scare tactics and Obama propaganda.
 
Catawba said:
It was only filibuster proof with a super majority. Name me one other president that had to get a super majority for every bill?

Close only counts with horse shoes and hand grenades. ;)
Click to expand...

Point is the GOP could stop nothing. It was the democrats infighting that stopped bills.
 
ptif219 said:
You have proof banks would have failed? Banks did fail only the banks Obama wanted to save got saved. more smoking mirrors.
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LOL Rookie

I do this for a living
Citibank UNDER $1 a share from 50.
DOES THAT look like Obama's fault to you? Fear of Obama has people selling their stocks for 2c on the dollar?

C: Basic Chart for CITIGROUP INC - Yahoo! Finance

The goverment now having poured in $50 Billion and gauranteeing another $270 Billion in debt of Citi alone.
So Yeah.. it's a no Brainer.
(except for you)
Even Now Citibank is $3 a share Under water in Book value on a 'mark-to-market' net value.
Where do you think Citi would be without that Moola and Gaurantee?
Citi was 97 cents a share/A Penny stock until the govt gave it Huge bucks.

Bankamerica given another $50 Billion down to virtually -0-

BAC: Basic Chart for BK OF AMERICA CP - Yahoo! Finance

Merrill Lynch BROKE and forced INTO Bankamerica to save the System.
Wachovia, Gone.
Washington Mutual, Gone.
Lehman, Gone.
AIG, Gone.
Scores more.. GONE.

ALL The banks and brokers borrowing from the Fed as there was NO commercial paper market.
The system was Frozen/DEAD. Everyone was B- R -O -K -E.

Anything else SON?:
 
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ptif219 said:
Point is the GOP could stop nothing. It was the democrats infighting that stopped bills.
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It only takes one defector on the Democrat side of the aisle to be unable to defeat a filibuster. Name me just one other president that has had every bill filibustered?

You also don't mention all the promises he made and kept that are unimportant to you but are important to us ~

He has created more green jobs than any president in history. He has put more money into development and research into renewable sources of energy than any president in history. He has provided more education funding than any president in recent history. He's done more to protect the environment in his first year than most do in their whole term. And he's done more to reduce our CO2 pollution than any president in history, all in his first year.

And he still has 7 years to go!
 
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Catawba said:
Every politician I've ever known has said things in their campaign they didn't carry out in office. Also Obama has had the handicap of being blocked by an unprecedented number of filibusters by the Republicans. :roll:
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Holy cr.p! "unprecedented" Filibusters by the Republicans? Wow, you haven't a clue. Democrats had a filibuster proof Congress with 60 votes. You are embarrassing. Where do you get this information?

Even those who support Obama cannot support you with that statement. That was a joke.
 
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Conservative said:
Holy cr.p! "unprecedented" Filibusters by the Republicans? Wow, you haven't a clue. Democrats had a filibuster proof Congress with 60 votes. You are embarrassing. Where do you get this information?

Even those who support Obama cannot support you with that statement. That was a joke.
Click to expand...

Insults noted.

"Republicans have ratcheted use of the filibuster up to completely unheard of levels. Look at the things that the House (of Representatives) has passed that can't make it through the Senate. The list just keeps growing," said Norman Ornstein, an expert on Congress at the American Enterprise Institute, a center-right policy organization."
Republican strategy: Filibuster everything, win in November - Politics AP - MiamiHerald.com
 
Catawba said:
Insults noted.

"Republicans have ratcheted use of the filibuster up to completely unheard of levels. Look at the things that the House (of Representatives) has passed that can't make it through the Senate. The list just keeps growing," said Norman Ornstein, an expert on Congress at the American Enterprise Institute, a center-right policy organization."
Republican strategy: Filibuster everything, win in November - Politics AP - MiamiHerald.com
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So much for statesmanship....:2wave:
 
Catawba said:
Insults noted.

"Republicans have ratcheted use of the filibuster up to completely unheard of levels. Look at the things that the House (of Representatives) has passed that can't make it through the Senate. The list just keeps growing," said Norman Ornstein, an expert on Congress at the American Enterprise Institute, a center-right policy organization."
Republican strategy: Filibuster everything, win in November - Politics AP - MiamiHerald.com
Click to expand...

Then you will have no problem showing me which legislation has been filibustered since January 2009?

I really am worried about people like you, so partisan that you do not understand even what you post. It is an op ed piece of what could happen between now and November, not what has happened. Obama has had nothing filibustered yet that doesn't stop you from posting this kind of cr.p.

You notice that no one is supporting you with your contention? Get off your knees and show some backbone as well as intellectual honesty for a change.
 
Conservative said:
Then you will have no problem showing me which legislation has been filibustered since January 2009?

I really am worried about people like you, so partisan that you do not understand even what you post. It is an op ed piece of what could happen between now and November, not what has happened. Obama has had nothing filibustered yet that doesn't stop you from posting this kind of cr.p.

You notice that no one is supporting you with your contention? Get off your knees and show some backbone as well as intellectual honesty for a change.
Click to expand...

I am supporting him, pee wee.
 
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