Re: Barack Obama How do we capitalize?
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Jan 21st, 2009, 04:25 AM
#19 (permalink)
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Quote:
Originally Posted by bflbob
Ouch! He didn't help the stock market much today!
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Obamas speech was a speech of new times, a time of change for more responsibility if I remember his TV speech yesterday correctly. I don't think any stockmarket react well to such speeches. Why? It's like telling a fat guy to excercise. It will not be well recieved at all. No offence to fat people, just making my point here. But also, changes means uncertainty and as you may know uncertainty is considered bad blood by the stockmarkets.
The point being: USA needs a drastical fiscal and behavioural change, I hope Obama delivers for all of ours sake (I mean USA together with the rest of the world).
Personally I believe he will deliver due to him not being from the same background as George W Bush (I mean wealth wise). Obama should know the value of a dollar better than George. I hope I am right, otherwise USA will be a new kind of nation entirely and the world will be a totally new place to live in. We are talking power changes never heard of in a long time. Serious business.
Just look at the debt clock in NYC. I remember, from looking at status quo yesterday, that every american in the USA right now owes the world something like $30,000 per individual (including the children). A lot of cash. Obama has a hell of a ride in front of him.