Quote: (01-30-2012 01:51 PM)Brian Wrote:
Quote: (01-30-2012 01:12 PM)thegmanifesto Wrote:
Quote:Quote:
Sure, he can appoint whoever he wants in his cabinet, but many of those people aren't exactly the kind of folks that get Wall Street leaders excited.
Also, Obama is the commander of the ship. Many people on The Street simply don't like the guy.
His cabinet is pretty Wall Street friendly.
And since early "09, the S&P is up over 50%.
Quote: (01-30-2012 01:00 PM)Brian Wrote:
The global economy collapsed in 2007/8. Its been 4 years. Its not the governments job to grow the economy, thats the problem. Obama is a huge pro-government president and consistently makes life more difficult for private business when he's not whining about fairness.
You do know he hasn't raised taxes right?
Except some small taxes on things like cigarettes. (Which of course has to get passed by Congress).
He has extended tax cuts.
Look, I don't like Obama, but not for the reasons you guys are giving.
Michael Brush: Corporate CEOs unhappy with Obama
Company Focus9/21/2010 7:17 PM ET
Why CEOs can't stand Obama
Corporate leaders are slamming the president over taxes and the uncertain effects of his policies, and the executives' siege mentality is holding back the economy.
[Related content: Barack Obama, Intel, Michael Brush, politics, stocks]
By Michael Brush
MSN Money
Is fear of President Barack Obama one reason we're stuck with sluggish economic growth?
That's the message the CEOs of several major companies are sending out.
In unusually vitriolic attacks on a sitting president, including references to communist Russia and Adolf Hitler, CEOs have complained they can't predict what Obama will do next -- and how his new regulations and taxes might hit their companies.
The result is a bunker mentality that has CEOs holding back -- and the economy growing more slowly as a result.
"We don't know what the latest great idea from Obama will be. Therefore, we are hunkering down," Cypress Semiconductor (CY, news, msgs) CEO T.J. Rodgers told me last week, echoing public comments over summer from CEOs at companies such as Intel (INTC, news, msgs) and Verizon (VZ, news, msgs).
He said that because of Obama, CEOs are focusing on their core businesses and hiring less, to control costs and risks. "CEOs are uncertain, so they don't want to have the liability of adding a lot of employees," Rodgers said.
That quote is out of date.
This is from today: Dow 12,642.45
But oh yeah, he "hates stocks!", "he's a commie!", "he's a socialist"
Whatever...