{"id":244,"date":"2009-06-17T14:27:47","date_gmt":"2009-06-17T18:27:47","guid":{"rendered":"http:\/\/000af36.netsolhost.com\/wordpress1\/2009\/06\/17\/obama-and-the-stock-market\/"},"modified":"2009-06-17T14:27:47","modified_gmt":"2009-06-17T18:27:47","slug":"obama-and-the-stock-market","status":"publish","type":"post","link":"http:\/\/griendling.com\/wordpress1\/2009\/06\/17\/obama-and-the-stock-market\/","title":{"rendered":"Obama and the Stock Market"},"content":{"rendered":"<p>Remember when <a href=\"http:\/\/www.greggcountygop.com\/2009\/03\/04\/dow-jones-responds-to-obamanomics\/\">every dick of a GOPer<\/a> was blaming Obama for the stock market\u2019s decline?<\/p>\n<blockquote>\n<p>On March 3, 2009, the Dow Jones closed at 6,726.02, continuing its drop and, despite his claims, Obamanomics (or at least his plans) have contributed to the evaporation of your retirement accounts. Looking at it in perspective, the Dow Jones is:<\/p>\n<ul>\n<li>Down 7,438.51 (or 52.5%) since its all-time high <\/li>\n<li>Down 2,899.21 (or 30.1%) since Obama\u2019s election <\/li>\n<li>Down 1,223.07 (or 15.4%) since Obama\u2019s inauguration <\/li>\n<\/ul>\n<p>But there is good news to consider in all this while you down your Tums. In 2010, Republicans have the opportunity to retake Congress and overturn the socialist, stock market destroying policies. Two years later, in 2012, Republicans can recapture the White House and reduce all the taxes Obama, Nancy Pelosi, and Harry Reid raised. The campaign to restore fiscal responsibility (Obama spending trillions upon trillions that we don\u2019t have doesn\u2019t qualify, no matter what he says) begins today!<\/p>\n<\/blockquote>\n<p>Well, as of <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=auTTvgeN294Y\">yesterday\u2019s close<\/a>, <\/p>\n<blockquote>\n<p>The Standard &amp; Poor\u2019s 500 Index <strong><em>has gained<\/em><\/strong> (emphasis added) 15 percent since Obama\u2019s Jan. 20 inauguration, compared with a decline of 9.6 percent in the first five months of the Bush administration and an increase of 3 percent under Clinton.<\/p>\n<\/blockquote>\n<p>GOPers, I can\u2019t hear you!<\/p>\n<p>By the way, it was shortly after March 3 when Obama said the stock market was probably then a good investment.&#160; It\u2019s up more than 30% since then.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remember when every dick of a GOPer was blaming Obama for the stock market\u2019s decline? On March 3, 2009, the Dow Jones closed at 6,726.02, continuing its drop and, despite his claims, Obamanomics (or at least his plans) have contributed to the evaporation of your retirement accounts. Looking at it in perspective, the Dow Jones&hellip; <a href=\"http:\/\/griendling.com\/wordpress1\/2009\/06\/17\/obama-and-the-stock-market\/\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,12,14,18],"tags":[],"_links":{"self":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/244"}],"collection":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/comments?post=244"}],"version-history":[{"count":0,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/244\/revisions"}],"wp:attachment":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/media?parent=244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/categories?post=244"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/tags?post=244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}