We owe the Republicans a huge apology! 10% in 2 weeks!

[Ruby the Liberal]

Dow down 10% in 2 weeks

July 21 12,724
Aug 4 11,549

I guess the Republicans were right about lower taxes and a balanced budget curing all that ails us.

Go go economy crash!!!! :bounce:

(Erm, that isn't what we were hoping for?)

[Big Blue Marble]

1. Maybe they have cooked their own goose?

And the golden eggs as well.

[Dawson Leery]

2. Since the Republicans use the DOW as a measure of growth, it is fair

to point out that their policies are having an immediate NEGATIVE effect on the economy.

[Segami]

3. Especially since Bonehead proudly claimed 98% ownership

“It really boiled down to two issues,” Boehner explained. “President was insisting on more taxes. President never got serious about the kind of spending cuts that were necessary in order to get America back on a sound fiscal footing.”


“You were unable to get your own caucus behind your bill a few days ago,” Pelley noted. “Do you intend to remain Speaker of the House?”


“I do,” Boehner replied. “When you look at this final agreement that we came to with the white House, I got 98 percent of what I wanted. I’m pretty happy.”



http://current.com/1srpekc

[Ruby the Liberal]

4. I think the market is just disappointed that

we didn't go far enough with the 'entitlement' cuts, tax cuts and balanced budget. Just like my Senator.

You KNOW that is what they are going to say. Morons.

*sigh*

[Ruby the Liberal]

5. Make that 11%

Dow closed at 11,383.91

[RegieRocker]

6. No it's all Obama's fault

[Bandit]

7. Remember it was Obama that signed the bill into Law.

It will be Obama that gets any blame and deservedly so IMO.. He told us consistantly that doing what he did would hurt the economy and yet he did it anyway....

[Ruby the Liberal]

8. Yep, and without revenues we will be placing the burden on the people who can least afford it

This was a huge shit sandwich for everyone.

[roguevalley]

9. when all the fucknuts like my brother lose their ass in their 401(k)

maybe they will get it. I hope.

[proud patriot]

10. I just posted this on Facebook

I love baitng Conservatives .. Got a few hooked in too ... Wheeeeeeeeeee!