March 8, 2009
Schumer Doesn't Understand Stock Market
Shannon Bream via Fox reporting...
"I wouldn't measure the stock market over the day to day as to how well we're doing. I think that you're going to have to give the president's plans, which are just taking effect this week, some time to work," Sen. Charles Schumer, D-N.Y., said Sunday.
First Chucky, I agree it's probably not a good idea to look at the stock market to see how well you're doing, if we did, we'd conclude things aren't going so well...
And as for giving the president's plans some time, are you telling me you don't understand that the stock market is driven by folks looking at the future? Hmm. I wonder if that's why they call them "futures." Helluva coincidence, don't you think?
Sounds like Chucky has adopted dear leader's opinion...
Wait, aren't stocks also called "securities?" I guess when the stock market drops 30% since election day, that means people aren't feeling very "secure." Funny how that works.
I'll give 'em the benefit of the doubt and assume they do understand that the stock market is forward-looking, but they're just trying to buffalo voters all over again.
Obama voters, you were fooled once. Don't be fooled again.
Posted by Richard at March 8, 2009 2:29 PM
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