The Dow Jones Average should be coming up with news of Treasury Department's activities to stabilize the market. However, the Dow Jones Industrial Average continues to drop. Is this due to Obama's current lead in the polls? Did we lose $1,000,000,000,000 (i.e., trillion) of the two trillion lost in the New York Stock Exchange because Obama is ahead?
Yes.
"Wall St." likes a split government.
They don't like when both houses of congress and the president are of the same party.
Too many silly laws get passed that way.
The market dropped happened because of mismanagement by the highest money making companies. The bail out came a day late, after the mid-sized banks had already lost their hold, leaving only the top banks to tumble. The market crash was a result of these banks failing. Lowering the prime rate by a half of percent, bailing out a few banks, and causing panic on the world market took a long time coming, so it is going to take a long to come back. The polls have nothing to do with the economic fall.
right and the credit crunch had noting to do with it?
No its not Obama it's because the world economy is well on its way into a recession despite the American govt actions investors are not feeling safe hence a continuing drop in the Dow Jones AND all other stock markets around the world.
I doubt that very seriously. Only the ones who don't like him will say it is and make up other accusations against him as well. The same with Mc Clain. It's called ' mud throwing '. I don't pay any attention to it. If it's not on the 6 o'clock news it's nothing.
quite the contrary. the dow is not really crazy about the Bush/Republican economic policy's anyway. and we all remember how Bill Clinton's democratic victory boosted the market during his presidency.
YES,
The Dow dropped nearly 300 points on the day he clinched the nomination.
Speculators are afraid of his economic plans
I think the Republicans are throwing the race. The economy is so bad, no one can fix it. In 4 years things will probably be worse and people will want another change...In step the Republicans.
nope, we lost the money because people are not spending money if it's not necessary and because the government continues to bail out rich thieves
No, they are depressed when they see 42 percent of americans really are not smart enough to learn by trial and error.
I do believe you are on to something..
Let's band together & keep Obama far away from the White House :)
It's our only hope!!
I believe so. And if Obama wins, it will get worse.
No, it's because of the Neo Cons and what they have done to our economy.
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