Market response to Obama and Geithner's plan: Complete and utter failure

How about a little crow ....

 

that was the crow. I was responding to the other post that mentioned that poll.

I said that there are different polls with different results. I admitted that I usually trust the pew poll more than gallup.

 

try this poll:

[rquoter]Generic Congressional Ballot
Parties Now Neck-and-Neck on Generic Congressional Ballot
Tuesday, February 10, 2009 Email to a Friend

Are Republicans winning the public relations battle over spending in the $800-billion-plus economic stimulus package? Democrats and Republicans are nearly even in this week's edition of the Generic Congressional Ballot.

The latest Rasmussen Reports national telephone surveys found that the Democrats’ lead is down to just one percentage point. Forty percent (40%) of voters said they would vote for their district’s Democratic candidate while 39% said they would choose the Republican (see crosstabs).

This marks the lowest level of support for the Democrats in tracking history and is the closest the two parties have been on the generic ballot.[/rquoter]

 

Sucks for the GOP that the next election is two years away...

 

many things suck for the GOP right now, but if you think the stimulus/bailout/poke-in-the-eye that Obama and Congress have crafted is popular, or likely to succeed, look at the polls and look at the market reaction to geithner yesterday.

this thing is a boondoggle of epic proportions.

 

not really.


you really think 2 years of recession is gonna help the incumbent party?

 

^^^^Ahahahahhaaa!!!

 

as good a place as any...

 

Anyone else listen to Geithner yesterday and think about how he was coached up by Axelrod and Barry's handlers to use the "bold, righteous, powerful language voice" that Barry has tried to fake for the past couple of years? Good grief, it sounded terrible. Short, evasive answers with inspirational-intent (America is great and mighty, righteous wind at our back, blah blah blah), but light on details. It's like every answer is neatly prepared to look good in print. The only problem is that the answer tells you nothing.

How foolish are Obama's Sheeple to fall for this type of manipulation?

 

[Fail] Market Response to Bush's Presidency

 

Polls are a measure of today, not two years from now. As for the "market reaction" - short term market reaction is completely meaningless. That was entirely a reaction to the fact that they didn't get the information they wanted - not the plan itself (since we didn't get details). And in case you don't remember, the market thought extremely highly of our economic situation in late 2007. I wouldn't quite use that as a gauge of whether something will work or not.

 

If there's a 2-yr recession, that's certainly true. But all basso posted was a snapshot poll of Congressional approval ratings - nothing relating to a recession.

 

Found those weapons of mass destruction yet, rookie?

Thanks for playing!

 

poor libs

Bank handouts and Porkulus both look like huge failures.

Now the real stupidity will happen when these armchair bankers in DC, Ugly Barney in this case decides he wants a shot at running all the banks. Heard the mark to market accounting rule will be suspended so the dead banks can pretend to be still alive. The longer these zombies are propped up the harder the repercussion will be from all this mess. These banks must die regardless of the pain it may cause. Their mortgage assets are so worthless even the govt cant put a price on this junk and that's why morons like Paulson and now Geithner keep yapping about direct equity injection etc...even though the banks are hording cash in an effort to build reserves for the impending write-offs. This is the same kind crap last year's stimulus bill led to, people hording the checks and paying off debt instead of buying new stuff and stimulating the economy. What is the saying, you can't have your cake and eat it too!

 

edit:

 

1. Which parts of the stimulus do you believe is pork?

2. How are you able to determine it's a failure before it's even implemented?

Keep advocating the Japanese model if you the lost decade as a result.

 

the porky bits.

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Do you ever read the crap you spewed?

 

Where was this principled stand from 1994-2006?