Thread: yaaaawwwwnnnn
View Single Post
Old 08-09-2011, 11:02 AM   #6
JohnnyD
Registered User
iTrader: (0)
 
JohnnyD's Avatar
 
Join Date: May 2008
Location: Mansfield, MA
Posts: 5,238
Quote:
Originally Posted by justplugit View Post
I saw his speech yesterday with the same old, same old blame game
and speaking in generalities. The market went down 100 pts while he
spoke and proceeded to fall another 200 right after his excuses.

You would think as President of the US and leader of the free world
he would speak to instill confidence in the people.

He is not a leader and has no plan.
Anyone in the market that makes their investment decisions based on a 10 minute speech by the President is an idiot. It doesn't matter if he came out saying that the sky is falling or that they have a proven method to fix every issue.

Fools make important decisions based on Rhetoric. Unfortunately, that's exactly how 90% of Washington made their way to office.
JohnnyD is offline