OBAMA SuperBull Market!!

My favorite:
THE BUDGET STRUGGLE; CLINTON WINS APPROVAL OF HIS BUDGET PLAN AS GORE VOTES TO BREAK SENATE DEADLOCK

But Senator Pete V. Domenici of New Mexico, the top Republican on the Budget Committee, said the increased taxes in the program would devastate the economy. Senator Bob Dole of Kansas, the Republican leader, said the main flaw in the plan was that the tax increases would be retroactive to the first of this year, while most of the spending cuts would occur after the next election.

Phil Gramm of Texas, who may run for the Republican Presidential nomination in 1996, declared: "I believe this program is going to make the economy weak. I believe hundreds of thousands of people are going to lose their jobs. I believe Bill Clinton will be one of those people."

But Democrats said Mr. Clinton deserved credit for trying to clean up a fiscal mess created by his Republican predecessors. "Supply-side theories just flat didn't work," said John Glenn of Ohio.
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It may be your favorite, but your a dumbass, that was in the 93-95 time when dems were in control.

For people with a brain: check out the inflection point in January 1995 in the S&P chart. When the republicans took congress.

This rally is off a historic low, I'm amazed that in a trader forum people are hailing a rally off a deep bottom as something surprising. he fact is this retracement is far from any new highs like were had in the 90's and the economy looks nothing like 1995.
 
Does Obama take the hit for today's action? It is he and his administration that is behind the Wall Street clean up, and specifically GS getting hit today.
If the prez get's the credit for the rally's, then he must own the nose dives as well, right? Just asking.:p
 
Quote from CaptainObvious:

Does Obama take the hit for today's action? It is he and his administration that is behind the Wall Street clean up, and specifically GS getting hit today.
If the prez get's the credit for the rally's, then he must own the nose dives as well, right? Just asking.:p
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All moves down are Bush's fault.
 
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