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Obama: Stock Market is 'Like a Tracking Poll in Politics'

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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 01:57 PM
Original message
Obama: Stock Market is 'Like a Tracking Poll in Politics'
Edited on Tue Mar-03-09 02:45 PM by Pirate Smile
 
Run time: 00:39
https://www.youtube.com/watch?v=AspJFkzgwq0
 
Posted on YouTube: March 03, 2009
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Posted on DU: March 03, 2009
By DU Member: Pirate Smile
Views on DU: 1076
 
"What I'm looking at is not the day-to-day gyrations of the stock market, but the long-term ability for the United States and the entire world economy to regain its footing. And, you know, the stock market is sort of like a tracking poll in politics. You know, it bobs up and down day to day. And if you spend all your time worrying about that, then you're probably going to get the long-term strategy wrong."
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 02:02 PM
Response to Original message
1. That's exactly right. nt
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blueclown Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 02:15 PM
Response to Original message
2. Yup. He nailed it. n/t
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pansypoo53219 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 02:41 PM
Response to Original message
3. its so god damned lovely having a REAL
president and not a joke. but now the teevee gnews don't like it.
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ecstatic Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 02:51 PM
Response to Reply #3
4. love it!!! nt
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skeewee08 Donating Member (434 posts) Send PM | Profile | Ignore Tue Mar-03-09 03:22 PM
Response to Original message
5. This man is um..... what's the word um... ANALYTICAL:-)
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dantyrant Donating Member (278 posts) Send PM | Profile | Ignore Tue Mar-03-09 06:15 PM
Response to Original message
6. The bond market, on the other hand... nt
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