Dow Jones Closes Below 7000; Down 30% Since Obama was Elected - Video 3/2/09
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Monday, March 2, 2009
Here is a video report on the Dow Jones Average closing below the 7000 level for the first time since 1997, finishing at 6763. The report, of course, lays the blame everywhere except at the lack of confidence Wall Street has in President Obama's policies. The day Barack Obama was elected President, the Dow closed at 9625. The Dow has lost nearly 30% of it's value since Obama was elected. Obama enormous stimulus plan has not given confidence to the markets, and his announcement of coming tax increases on the very people who invest, start businesses, and create jobs is the last news a shaky market needs to hear.
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1 comments:
People get what they vote for. When you don't know anything about a person that you are voting for out of spite. This is what you get. Enjoy your new president, loss of your homes and retirements and Jobs. Don't expect them to come back until you vote conservative. The conservatives that waffled got what they deserve. the rest of us are simply laughing at all of you 75% fools! Ha! Ha! Ha!
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