Tuesday, March 3, 2009

Don't be so smug Gibbs

Seems he took shots today at Jim Cramer for pointing out that Obama's policies and agendas are destroying the market's confidence and contributing to wealth destruction.

He actually giggled.



Wipe that smug look off your face Mr. Gibbs. It really isn't funny. There are more people who DO care about their future investments and pensions than you and your delusional elitists care to admit. Are you really THAT out of touch with reality? Does NO ONE in Washington have a 401k, pension or investments? I know DC is immune from paying taxes unlike us commonfolk.....

I must admit, I do enjoy watching liberal media members of CNBC clue in and take note of the decline. I took note too.....


FACT 1:
Oct 9, '07 DOW 14164
Nov 4, '08 DOW 9625

EQUALS LOSS OF 32% in 13 months

FACT 2:
Nov 4, '08 DOW 9625 Election day
Mar 3, '09 DOW 6726

EQUALS LOSS OF 30% in 4 months

FACT 3:
When it became apparent that Obama would win the election:
Sep 3, '08 DOW 11500
Nov 4, '08 DOW 9625 Election day

EQUALS LOSS OF 15% in 2 months

FACT 4:
Nov 4, '08 DOW 9625 Election day
Nov 5, '08 DOW 9139
Nov 6, '08 DOW 8695

EQUALS LOSS OF 10% in 2 days


That "small audience" you referred to are people who are paying VERY close attention to their own personal wealth destruction.

I'd laugh and say "I told you so" to those who voted this socialist *$%# into office, but it's not really that funny.

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