OBAMA SAY, “The stock market is sort of like a tracking poll in politics. It bobs up and down day-to-day, and if you spend all your time worrying about that, then you’re probably going to get the long-term strategy wrong.”

A strong government hand and the free market are mutually exclusive when it comes to their strength. Obama seems to believe that the FED GOV will do a far better job in providing for the well being and success of America. The Free Market and the FED GOV are mutually exclusive when it comes to choice. If the FED GOV decides that it wants to determine prices, allotment and allocation of commodities, and income and tax then the free market ceases to be free. If the FED GOV plays the role that it protects the rights of people only then the market is free to go along with the needs and wants of the consumer.

Obama wants the FED GOV to determine the market and thus every decision and policy that he commits to will support that.  Remember the quote at the beginning of this post. He in short says, “Don’t worry about how much money you have lost. You have to look at the long term results.” Well, there is no way to look at the long term results because we haven’t gotten there.  Consider this:

The DJI was 7949.09 on Jan 20, the day of his Inauguration. Since then, the DJI has dropped 1223.07 POINTS to 6726.02 on Mar 3.  And as the it drops, drops, drops, Obama keeps telling everyone to not pay attention to it. Well lets give some context here.

Keep in mind that on Mar 7, 2008 DOW 11,893.69 and the high since 1997 was 14093.08 on Oct 12, 2007 (during the Bush Administration)

• Jan 27: DJI 8174.73
• Jan 28: $819 Billion Stimulus Plan: DJI 8375.45
• Jan 29:  Fed proposes to spend 1 – 2 Trillion Dollars for stimulus: DJI 8149.01
• Feb 1: Fed wants to increase spending to exceed 1 Trillion Dollars: DJI 7936.83 (Feb 2)
• Feb 5 – 10: Salary Caps on CEOs, Further Fed hand in Mortgages, Obama’s address about the “profound economic emergency,” and Geithner Speaks in vague terms: DJI 7888.88 (Feb 10)
• Feb 17: Fed gives American people $8 per week to spend & signs Stimulus Bill: DJI 7552.60
• Feb 23: CITI talks with the Fed: DJI 7114.78
• Feb 24: Obama Addresses the Congress that night: DJI 7350.97
• Feb 25: DJI 7270.89
• Feb 27:  Proposes to raise taxes on the affluent and tax 250 Billion to the American tax payer DJI 7026.93
• Total Loss from Jan 28 = 1348.52 in a little over a month
  

Millions of Americans are becoming unemployed, loosing their savings and retirement (just to name a few) on a daily basis and all he has to say is, “Don’t worry about it!” Americans have worked hard and paid their taxes. They have provided for themselves, their families and their future. Most Americans want to be left alone because better decisions about someone’s life and their health care can be best made within that person’s context. But yet, Obama keeps pushing forward hoping that by spending (they really mean “TAXING“) other people’s money, they will jump start this economy back into action. HAVE A FEW QUESTIONS:

Jump start the economy to “what” again. I assume that Obama would want it to be the highest and most profitable. But I seem to recall that the DJI during Bush’s Administration was 14093.08 on Oct 12, 2007 which was above  Clinton’s highest of 11722.98 on Jan 14, 2000. I don’t think that Obama would want to say that he would want it to be at the same levels as Bush ’s, would he? I didn’t think so. If it did go back up we would say that, “Obama, brought up the economy to where Bush had it.” or even, “Obama brought the economy slightly less than Bush.” No, Obama would have to far exceed what the DJI was during any President or totally change America’s economy. His best bet is to attempt to totally change the American Economy.

Obama thinks that the best way to get the most out of the market is to control it. Better yet, Obama wants to change the US Economy by his hand . He knows that every time he speaks the DJI will go down. The reason they tank every time he speaks is because the FED GOV is attempting to personally handle the private sector. Remember that the free market allows investors to take risks, they are free to innovate, they are free to think, they are free to save, they are free to give to charities, they are free to make the world better. When the FED GOV attempts to take over through spending (TAXATION) there is no need for the private sector.

• There is no need for the private sector to charge a price commensurate for the value of services that improve the quality of life when the FED GOV forces those companies into price caps.
• There is no need for the private sector to make their communities better then the FED GOV doesn’t give the local tax payers incentive to give back to their communities.
• There is no need for the private sector when the FED GOV limits an employee’s paycheck because the FED GOV caps a CEOs income.
• There is no need for the private sector to create better schools and provide better education when the FED GOV forces all it’s citizens and non citizens to only attend FED GOV (public) schools.
• There is no need for the private sector to grow businesses and hire more employees when the FED GOV charges businesses higher taxes because the new employees produced more of what the consumer wanted to purchase.

When the markets go up the private sector gets stronger. When the private sector is strong there is no need for the FED GOV to control the markets. The FED GOV can only become involved when the private sector does not exist. The Stock Market is the litmus test of the intention of Obama’s policies. Socialism and the Free Market CANNOT AND WILL NOT exist side-by-side, nor will they be able to have a well working symbiosis. In order for Obama to succeed with his policy the Stock Market (Free Market) must fail.

Biden: “Boss, how’s everything going?”

Obama: “As planned”

WHAT SAY YOU CONCERNING THIS?