Quote:
Originally Posted by Schneed10
As soon as we begin to blame the President of the United States for what is happening to the stock market, you can pretty much call the market's behavior irrational. The president of the United States has very little control over the economy, big stimulus bills or otherwise.
The fact that people are blaming Obama shows that too many have no idea what's driving the downturn, which means prices have been driven down too far.
When lending turns around this market will bounce very high. Don't worry about whether you're getting in on the ground floor, just get in before you miss it.
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Agreed. But people ARE panicing in the stock market and many are doing so because of O' policies. I am not saying the policies do matter just that they are affecting people. O seems not to care.