Obama Signs Socialist Stimulus Bill
Stock Market Falls Knowing No Stimulus In Bill
Today President Obama signed into law the biggest spending bill in American history. Socialist Obama and the socialist Democrats call this a stimulus bill. The only thing stimulated in this bill is the socialist agenda of Obama and the Democrats.
There is very little stimulus in this pork laden stimulus bill. The socialist Obama and the Democrats know this stimulus bill will not bring back the economy, which for them is not what this bill is all about. They rushed this stimulus bill before people could see it’s nothing but a socialist agenda. For that matter they rushed it before even those voting on it had time to read it. Nancy Pelosi had promised the bill would be posted 48 hours prior to the vote allowing time for review but instead it went up about 11P.M. the evening before. So much for transparency!
Obama and the rest just keep telling us how bad things are. They passed their bill and will still tell us how bad it is and that this may not work.
Wall Street and the stock markets know this bill won’t help the economy. Today on the day the bill is signed the DOW closed down 297.81 points, or 3.79 percent. The NASDAQ composite index fell 63.70, or 4.15 percent. The Standard & Poor's 500, index which fell 37.67, or 4.56 percent, to 789.17 Tuesday, came within 48 points of its 11-year low of 741.02.
"The government has their hand on the tiller. They're steering. And that's the problem — the markets are not confident the proper course has been set yet," said Henry Herrmann, chief executive officer at investment management firm Waddell & Reed. Wall Street is waiting for more specifics from the government on its various efforts to more adequately assess when to expect growth again. Investors are particularly anxious for details from the Treasury Department about its new rescue plan for the troubled banking sector.
The socialists Democrats and Obama know it won’t work. They know this is the down payment on their socialist takeover attempt. This one fact remains: Obama is either the most stupid President in American history or the most polished liar who is deliberately destroying America.
America don’t let the socialist behavior of President Barack Hussein Obama and the socialist Democrats destroy America. Join with SpeakNowAmerica.org today! We are ready to defend our rights and tell the truth the socialist main stream media won’t tell you. Join us America to protect your rights, your country, and your money. Comment here and email us at YourVoice@speaknowamerica.org. Help us and be part of bringing our Great country back.
Speak Now America! we want to hear from you.
Today President Obama signed into law the biggest spending bill in American history. Socialist Obama and the socialist Democrats call this a stimulus bill. The only thing stimulated in this bill is the socialist agenda of Obama and the Democrats.
There is very little stimulus in this pork laden stimulus bill. The socialist Obama and the Democrats know this stimulus bill will not bring back the economy, which for them is not what this bill is all about. They rushed this stimulus bill before people could see it’s nothing but a socialist agenda. For that matter they rushed it before even those voting on it had time to read it. Nancy Pelosi had promised the bill would be posted 48 hours prior to the vote allowing time for review but instead it went up about 11P.M. the evening before. So much for transparency!
Obama and the rest just keep telling us how bad things are. They passed their bill and will still tell us how bad it is and that this may not work.
Wall Street and the stock markets know this bill won’t help the economy. Today on the day the bill is signed the DOW closed down 297.81 points, or 3.79 percent. The NASDAQ composite index fell 63.70, or 4.15 percent. The Standard & Poor's 500, index which fell 37.67, or 4.56 percent, to 789.17 Tuesday, came within 48 points of its 11-year low of 741.02.
"The government has their hand on the tiller. They're steering. And that's the problem — the markets are not confident the proper course has been set yet," said Henry Herrmann, chief executive officer at investment management firm Waddell & Reed. Wall Street is waiting for more specifics from the government on its various efforts to more adequately assess when to expect growth again. Investors are particularly anxious for details from the Treasury Department about its new rescue plan for the troubled banking sector.
The socialists Democrats and Obama know it won’t work. They know this is the down payment on their socialist takeover attempt. This one fact remains: Obama is either the most stupid President in American history or the most polished liar who is deliberately destroying America.
America don’t let the socialist behavior of President Barack Hussein Obama and the socialist Democrats destroy America. Join with SpeakNowAmerica.org today! We are ready to defend our rights and tell the truth the socialist main stream media won’t tell you. Join us America to protect your rights, your country, and your money. Comment here and email us at YourVoice@speaknowamerica.org. Help us and be part of bringing our Great country back.
Speak Now America! we want to hear from you.
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