Posts Tagged ‘reelected’

Obama Gives America One Of Worst Post-Presidential Market Plunges In History As Businesses And Investors Say Sayonara To Economic Growth, Jobs

November 8, 2012

Businesses and investors told America what they thought of their idiotic choice for president yesterday with the biggest market plunge in a year the day after Obama was reelected.

The Dow dropped 313 points, or 2.4% of its total value on the trading day immediately following the Obama reelection.

Interestingly, Obama has two of the five worst market plunges on the day after a presidential election, and you’ve got to go back to the 1930s and 1940s to see worse market disasters:

Other post-election plunges in the stock market
Posted: Nov 07, 2012 2:35 PM PST Updated: Nov 07, 2012 2:35 PM PST
By The Associated Press

The Dow Jones industrial average fell 2.4 percent, giving it its fifth worst one-day drop following a U.S. presidential election. The biggest, in 2008, came in the midst of the financial crisis on the day after President Barack Obama won his first term. Here are the worst five one-day post-election drops since 1900, according to Bespoke Investment Group:

Election Day: Nov. 4, 2008.

Winner: Barack Obama.

One-day loss in the Dow Jones industrial average: 5 percent.

Election Day: Nov. 8, 1932.

Winner: Franklin Delano Roosevelt.

One-day loss in the Dow Jones industrial average: 4.5 percent.

Election Day: Nov. 2, 1948

Winner: Harry Truman

One-day loss in the Dow Jones industrial average: 3.8 percent.

Election Day: Nov. 5. 1940

Winner: Franklin Delano Roosevelt.

One-day loss in the Dow Jones industrial average: 2.4 percent.

Election Day:

Winner: Barack Obama.

One-day loss in the Dow Jones industrial average: 2.4 percent.

Notice that all five of these turd presidents whom the market rejected were Democrats.  And notice that the only OTHER winner of two “Turd of the Year Awards for Market Disaster” was the guy who kept America in the Great Depression.  You would have thought that America would have learned from the LAST time we got Obama and the market collapsed the most in presidential election history.  Oh, well.  Why not just blame this time on Bush, too?

I don’t know.  Maybe my schadenfreude slip is showing, and maybe I just don’t give a flying damn what happens given that I know Obama will plunge America into the worst economic disaster in the country’s history and figure it might as well happen sooner rather than later.  That and the fact that, given that America voted to collapse in voting for Obama, we might as well get what we actually voted for.  I mean, we sure as hell didn’t get what we voted for the LAST time we voted for “Mister hope and change,” did we?  Rather, we got four years of blame and excuses, which doesn’t even kind of sound like hope and change.

If liberal ideologue MSNBC moron Chris Matthews can be glad Hurricane Sandy hit America so Obama could win, well, I suppose I can pretty much be happy for damn near any disaster and liberals can’t bitch without being hypocrites.  Mind you, that won’t stop them from bitching at me BECAUSE THEY ARE HYPOCRITES.

A lot of your more stupid Americans are still blaming Bush for the terrible economy while exonerating Obama, according to exit poll data.  Don’t worry if you think that trend can’t possibly continue: because those people will be just as stupid in four years when they’ll STILL be blaming Bush for the bad economy as they are now.  Apparently Bush is to stupid people what Bogeyman is to naive children.

The beast is coming after the economy completely collapses.  I really want to make sure everybody knows that.

In other news the deadline for America to fall off the fiscal cliff that Obama set up for us is January 1, 2013.

It gives me great comfort to know that I’ll be singing praises to the name of Jesus Christ in heaven before very much longer.  And it frankly bothers me very little that on that day liberals on earth will be simultaneously cursing the day they ever heard the name of Barack Hussein Obama.

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Get Your Spiritual House In Order. Because The Beast Is Coming And You Don’t Want To Be With The Huge Majority That Takes His Mark.

November 7, 2012

I write this as I hear the report from Fox News that Ohio has just been called for Obama.

Amazingly, and I would suggest incredibly insanely, the American people have decided that the status quo – Barack Obama as president, a Senate that hasn’t bothered to pass a budget in over three years, and a House of Representatives that is even more firmly under Republican control – is the path to a great and glorious future.  Part of me wants to cry, but I dare say the larger part wants to start laughing my dang head off at the sheer idiocy of the American electorate.

As I contemplate a second Obama term, a couple of quotes come to mind:

A journalist named Stephen Laurant had been jailed circa 1935 for questioning Nazism:

I am writing this from cell 24. Outside a new Germany is being created. Many millions are rejoicing. Hitler is promising everyone precisely what they want. I think when they wake to their sobering senses, they will find they have been led by the nose and duped by lies.”

And then one from Jewish doctor Herta Knotwolf:

“So many worship him as their savior, their redeemer from unbearable poverty.  Many are filled with some have worry, but all are united in the words, ‘Now things will change.”

Ah, yes, hope and change.

I wonder how that worked out for old Herta.  Because things very certainly DID change.  I mean, she was certainly spot on about that part, right?

This isn’t about intelligence; it’s about moral intelligence.  In the 1930s when the German people were busy electing the Nazi Party and Adolf Hitler to power, they were the most educated, scientific and literate people on the face of the earth.  Versus the people of the United States, who frankly have never been more stupid in their nation’s entire history.

There simply comes a point in the life of every nation and even every civilization where there is an overwhelming desire to commit suicide and the people give in to that desire.  And those peoples may not have thought that was what they were doing when they made the fatal decisions that resulted in their destruction, but suicide is precisely what they ultimately chose.

And it’s what the United States of America just decided to do.

Our real national debt is now already trillions of dollars beyond the $222 trillion that it was reported as being about three months ago.

Is that $222 trillion number new to you?  Here’s an article for you:

Blink! U.S. Debt Just Grew by $11 Trillion
By Laurence Kotlikoff and Scott Burns Aug 8, 2012 3:30 PM PT

Republicans and Democrats spent last summer battling how best to save $2.1 trillion over the next decade. They are spending this summer battling how best to not save $2.1 trillion over the next decade.

In the course of that year, the U.S. government’s fiscal gap — the true measure of the nation’s indebtedness — rose by $11 trillion.

The fiscal gap is the present value difference between projected future spending and revenue. It captures all government liabilities, whether they are official obligations to service Treasury bonds or unofficial commitments, such as paying for food stamps or buying drones.

Some question whether “official” and “unofficial” spending commitments can be added together. But calling particular obligations “official” doesn’t make them economically more important. Indeed, the government would sooner renege on Chinese holding U.S. Treasuries than on Americans collecting Social Security, especially because the U.S. can print money and service its bonds with watered-down dollars.

For its part, economic theory sees through labels and views a country’s official debt for what it is — a linguistic construct devoid of real economic content. In contrast, the fiscal gap is theoretically well-defined and invariant to the choice of labels. Each labeling choice changes the mix of obligations between official and unofficial, but leaves the total unchanged.

Dangerous Growth

The U.S. fiscal gap, calculated (by us) using theCongressional Budget Office’s realistic long-term budget forecast — the Alternative Fiscal Scenario — is now $222 trillion. Last year, it was $211 trillion. The $11 trillion difference — this year’s true federal deficit — is 10 times larger than the official deficit and roughly as large as the entire stock of official debt in public hands.

This fantastic and dangerous growth in the fiscal gap is not new. In 2003 and 2004, the economists Alan Auerbach and William Gale extended the CBO’s short-term forecast and measured fiscal gaps of $60 trillion and $86 trillion, respectively. In 2007, the first year the CBO produced the Alternative Fiscal Scenario, the gap, by our reckoning, stood at $175 trillion. By 2009, when the CBO began reporting the AFS annually, the gap was $184 trillion. In 2010, it was $202 trillion, followed by $211 trillion in 2011 and $222 trillion in 2012.

So, based on that actual debt increasing by $11 trillion in one year and three full months passing since the announcement of said debt, that figure is now $222 trillion plus an additional $2.75 trillion.  So please don’t stare at the zeros as they whiz by or your eyeballs will pop out and it is no easy job trying to stick them back into your skull.

And with an Obama who has increased the “official” national debt by sixty percent in only four years, along with a Democrat Senate that hasn’t bothered to pass a budget in well over three years (it’s been 1,259 days since Harry Reid’s Senate passed a budget back on April 23 of 2009), and a Republican-controlled House that has already shown they will not abandon their agenda or their constituents, well, that’s your team who will take on looming disaster.

We just elected our own destruction.  Taxmaggedom is an example of this dilemma we just voted to perpetuate: they’ll probably be able to kick the can of economic calamity down the road for another few months, but that calamity will continue to hang over our heads like a shrapnel-loaded bomb waiting to blow up in our national face.

I know many of you love suspense, but what’s going to happen is “disaster” will be wearing Harlem Globetrotter uniforms and coming from every direction while Team Obama will be dressed in Washington Generals uniforms.  And by the end of the game, Disaster will have made America look incredibly stupid.

We’re a hopelessly fractured nation under Obama.  And just to try to describe that in election night terms, Obama will be the first president in history to be reelected by a smaller electoral college majority than he was elected with when he first became president, and as I write this Obama is actually over two-hundred thousand votes behind in the popular vote.  Not that it will matter to Obama, who will view his victory as a mandate.

Click here if you would like to see what a “mandate” actually looks like.

And that division and bitterness and inability to solve any of our crises – which was worse than it has EVER been these last four years under Obama – will get worse.  I promise you.  And that is because we, like the locusts, have no leader; rather, we have a demagogue who masquerades as a leader.  He is capable only of blaming others while refusing to accept any responsibility for pretty much anything.  We’re going to be paying dearly for that.

I don’t know how to tell you this, America.  You deserve to suffer for your stupidity.  And you’re going to get what you deserve.  Because this is still God damn America, full speed ahead to hell.

By the time Barack Hussein Obama leaves office in 2016, America will be the proverbial headless chicken.  We might still be technically on our feet, but we’re going to be dead.  Unless you’re reaching into your pocket as we speak to pay that $224.75 trillion our country owes, that is.  Anyone?  Is that crickets I hear?

We are a nation that cannot even POSSIBLY begin to come together to solve our problems.  And the reelection of the most partisan and most divisive president to ever lead America is all you need to know to realize that the United States of America will NEVER be able to come together.  Until Antichrist comes along to sweep the same fools off their feet who were swept off their feet by Obama.

How does Antichrist come to power?  Revelation chapter six describes the scenario: a complete global economic collapse, wars on top of wars as nation and ethnic group fight nation and ethnic group to the death over resources and grudges, famine and mass death will characterize the world that Antichrist will ride to save on his white horse.

I look at that $224.75 trillion debt, I look at a European failed experiment in socialism that is teetering on the brink of collapse, and I feel in my gut that Revelation 6 isn’t very far away from the real world.

Antichrist will literally be worshiped by the entire world.  Why?  Because he will appear to have all the answers, and people will look at what the world had been like before the beast came along to save them, and behold the vision that the Antichrist shows them, and literally the entire world will belong to this coming tyrant.

The interesting thing is that absolutely everything we know about this coming Antichrist screams “big government.”  The Antichrist will be the ultimate big government socialist.  Period.   If you are a typical liberal who admires the United Nations, well, your future object of worship will literally BE the United Nations.  The entire planet will rally behind this man.  If you think that the government ought to have a stronger hand in the economy, worry no more: because the government of the Antichrist will have complete control over anything that has anything whatsoever to do with the economy.

Oh, Obama is going to fail something fierce, but you Democrats can already breathe a future sigh of relief right now: because the Antichrist you will soon be worshiping will fulfill your wildest dreams.

The Antichrist will also be the quintessential politician.

The Book of Daniel applies the term “wisdom” to both Daniel and the coming Antichrist.  Daniel was given wisdom to understand riddles and unravel them; Antichrist will have the wisdom to understand riddles and therefore tie the truth up in knots such that no human being will be able to penetrate his facade of lies and deceit.

He’s coming.  And he’s going to be here very soon.  And if you haven’t already made your decision for Jesus Christ, you will fall prey to the beast’s wisdom and you will worship him and you will take his mark.

Are you dismayed over the election last night?

Don’t be.  Read this:

An old missionary couple had been working in Africa for years and were  returning to New York to retire. They had no pension; their health was  broken; they were defeated, discouraged, and afraid. They discovered  they were booked on the same ship as President Teddy Roosevelt, who was  returning from one of his big-game hunting expeditions.

No one paid any attention to them. They watched the fanfare that  accompanied the President’s entourage, with passengers trying to catch a  glimpse of the great man. As the ship moved across the ocean, the old  missionary said to his wife, “Something is wrong.” “Why should we have  given our lives in faithful service for God in Africa all these many  years and have no one care a thing about us? Here this man comes back  from a hunting trip and everybody makes much over him, but nobody gives  two hoots about us.”

“Dear, you shouldn’t feel that way”, his wife said. He replied “I can’t  help it; it doesn’t seem right.”

When the ship docked in New York, a band was waiting to greet the  President. The mayor and other dignitaries were there. The papers were  full of the President’s arrival. No one noticed this missionary couple.  They slipped off the ship and found a cheap flat on the East Side,  hoping the next day to see what they could do to make a living in the  city.

That night the man’s spirit broke. He said to his wife, “I can’t take  this; God is not treating us fairly”. His wife replied, “Why don’t you  go in the bedroom and tell that to the Lord?”

A short time later he came out from the bedroom, but now his face was  completely different. His wife asked, “Dear, what happened?” “The Lord  settled it with me”, he said. “I told Him how bitter I was that the  President should receive this tremendous homecoming, when no one met us  as we returned home. And when I finished, it seemed as though the Lord  put His hand on my shoulder and simply said;

“But you’re not home yet.”

Author Unknown

America isn’t your home.

America has been hijacked by people who are determined to worship the beast and to force the country to worship the beast with them.

It’s sad, of course.  There’s no question it’s sad.  And you might feel sick, broken, defeated, discouraged and afraid.

But this isn’t your home.

And the same God who forewarned us about the world that would worship Antichrist also told us about a wonderful eternity that awaits all those who have placed their trust not in human government but in the Lamb of God.

If you still feel discouraged, go to your Bible and cheat: turn to the last page of Revelation to see who wins.