Author Topic: Obama spokesman: Trump 'owns' Wall Street's collapse for bragging on its rise (Read 1350 times)

mystery-ak · « **on:** February 06, 2018, 07:12:04 pm »

Obama spokesman: Trump 'owns' Wall Street's collapse for bragging on its rise
by Paul Bedard | Feb 5, 2018, 6:04 PM

As Wall Street tumbled into an historically bad day today, former President Obamaâ€™s one-time spokesman suggested that President Trump will â€œown the fallâ€ because has bragged about the huge increase, something the aide said Obama never did.

Quote

Jay Carney
âœ”
@JayCarney

Good time to recall that in the previous administration, we NEVER boasted about the stock market -- even though the Dow more than doubled on Obama's watch -- because we knew two things: 1) the stock market is not the economy; and 2) if you claim the rise, you own the fall.
1:50 PM - Feb 5, 2018

more
http://www.washingtonexaminer.com/obama-spokesman-trump-owns-wall-streets-collapse-for-bragging-on-its-rise/article/2648170

corbe · « **Reply #1 on:** February 06, 2018, 07:18:13 pm »

I, along with many other Briefers saw this coming and predicted it weeks ago when he first started taking the mostly unearned credit. This should shut him up for awhile, at least about the Market.

edpc · « **Reply #2 on:** February 06, 2018, 07:21:37 pm »

Let's hear all about the free wheeling capitalism of the market from the guy who has Soviet propaganda art on his walls at home.....

skeeter · « **Reply #3 on:** February 06, 2018, 07:23:28 pm »

https://www.cnsnews.com/news/article/obama-boasts-rising-stock-market-during-his-term

That said its stupid to brag on the stock market as other, very good economic news can negatively affect it. As has happened over the past several days.

WingNot · « **Reply #4 on:** February 06, 2018, 07:23:51 pm »

There is no collapse. Just because you two NT's wish there is one doen't make it so,

LMAO · « **Reply #5 on:** February 06, 2018, 07:25:08 pm »

Quote from: skeeter on February 06, 2018, 07:23:28 pm

https://www.cnsnews.com/news/article/obama-boasts-rising-stock-market-during-his-term

That said its stupid to brag on the stock market as other, very good economic news can negatively affect it. As has happened over the past several days.

Yep

James Carney is trying to revise history here a little bit.

In fact, it was several months ago Obama was bragging about it as being a result of his policies

Whatâ€™s hilarious in the article is that when people point out how many times Obama actually did in fact brag about the stock market rise he keeps having to revise his revised, revised statements

Weird Tolkienish Figure · « **Reply #6 on:** February 06, 2018, 07:26:15 pm »

Nobody "owns" anything anymore. I remember when we tried to say Obama "owned" the crappy economy back in 2012. Didn't work then. Won't work now.

skeeter · « **Reply #7 on:** February 06, 2018, 07:29:03 pm »

Quote from: Weird Tolkienish Figure on February 06, 2018, 07:26:15 pm

Nobody "owns" anything anymore. I remember when we tried to say Obama "owned" the crappy economy back in 2012. Didn't work then. Won't work now.

Mostly agree, except in cases where the government either loads or unloads the economy with laws & regulations. Trump can rightly credit himself for unleashing alot of energy pent up by Obama era regulatory roadblocks.

txradioguy · « **Reply #8 on:** February 06, 2018, 10:12:51 pm »

How many times did Obama take ownership of the things in this country that he ruined?

GrouchoTex · « **Reply #9 on:** February 06, 2018, 10:22:23 pm »

It closed today almost 600 points higher, so.......

Frank Cannon · « **Reply #10 on:** February 06, 2018, 10:23:28 pm »

Quote from: GrouchoTex on February 06, 2018, 10:22:23 pm

It closed today almost 600 points higher, so.......

Guess Trump owns the comeback since the Obama hack says so.

the_doc · « **Reply #11 on:** February 06, 2018, 10:26:40 pm »

Quote from: GrouchoTex on February 06, 2018, 10:22:23 pm

It closed today almost 600 points higher, so.......

Where is the best place to find a graph of the closing value of the DJ from, say, 1/29/18 through today?

GrouchoTex · « **Reply #12 on:** February 06, 2018, 10:33:36 pm »

Quote from: the_doc on February 06, 2018, 10:26:40 pm

Where is the best place to find a graph of the closing value of the DJ from, say, 1/29/18 through today?

There is a "money" click on the top of the Microsoft browser page.
If you crick on the graph, you can sort day/month/year/5 years.
I looked, and it is down roughly 5% since last Thursday,
gained 2.13% to get us back to -5% for the week

http://www.msn.com/en-us/money/indexdetails/fi-30.10.%21DJI.30.%24INDU

Frank Cannon · « **Reply #13 on:** February 06, 2018, 10:34:59 pm »

Quote from: the_doc on February 06, 2018, 10:26:40 pm

Where is the best place to find a graph of the closing value of the DJ from, say, 1/29/18 through today?

Up your ass and to the left.

edpc · « **Reply #14 on:** February 06, 2018, 10:35:20 pm »

Quote from: the_doc on February 06, 2018, 10:26:40 pm

Where is the best place to find a graph of the closing value of the DJ from, say, 1/29/18 through today?

This one has some customization on the left-hand toolbar.

http://tfc-charts.w2d.com/chart/DW/W

GrouchoTex · « **Reply #15 on:** February 06, 2018, 10:45:14 pm »

Doesn't the market drop roughly every 7 years anyway?
Some times worse than other, obviously.

We were about due, since 2008 was the last major drop I could think of.
It took a 9 yrs, 5 months this time, with a pretty good rise this last year.

I wonder if it is over now, or more to come?
5 % is a decent hit. but not in the grand scheme of things, if this is it.

Going from are roughly 18k on election day to 24k today is a helluva a jump, even if that means a drop back from 26k a few days ago.

corbe · « **Reply #16 on:** February 06, 2018, 11:22:23 pm »

Quote from: Frank Cannon on February 06, 2018, 10:34:59 pm

Up your ass and to the left.

I suspect a colonoscopy is in your Future @Frank Cannon, whether you need it or not, for talking to @the_doc that way.

bolobaby · « **Reply #17 on:** February 06, 2018, 11:23:23 pm »

They bragged on keeping doctors and health plans. Do they own the subsequent loss of those?

Just curious.

Frank Cannon · « **Reply #18 on:** February 06, 2018, 11:23:53 pm »

Quote from: corbe on February 06, 2018, 11:22:23 pm

I suspect a colonoscopy is in your Future @Frank Cannon, whether you need it or not, for talking to @the_doc that way.

He asked for directions. That's my standard reply.

corbe · « **Reply #19 on:** February 06, 2018, 11:27:56 pm »

I suspect you're the reason your Dr. hasn't invested in HD Cameras yet.

goatprairie · « **Reply #20 on:** February 06, 2018, 11:36:50 pm »

While Trump is a little too mouthy with his boasting, the SM boomed after he was elected. If the Dems want to take credit for the rise, then they can't blame Trump for the drop. They can't have it both ways.

the_doc · « **Reply #21 on:** February 06, 2018, 11:42:59 pm »

@corbe

Quote from: corbe on February 06, 2018, 11:22:23 pm

I suspect a colonoscopy is in your Future @Frank Cannon, whether you need it or not, for talking to @the_doc that way.

I guess I ought to thank you for responding to Frank, but I have to admit that I actually got a (very) slight chuckle out of my TBR friend's (?) nasty quip. (It was just too weird for me to care about it. I regard Frank as TBR's version of a shock jock.)

Weird Tolkienish Figure · « **Reply #22 on:** February 06, 2018, 11:45:28 pm »

Frank cannon you were saying?

Frank Cannon · « **Reply #23 on:** February 06, 2018, 11:49:38 pm »

Quote from: the_doc on February 06, 2018, 11:42:59 pm

@corbe
I guess I ought to thank you for responding to Frank, but I have to admit that I actually got a (very) slight chuckle out of my TBR friend's (?) nasty quip. (It was just too weird for me to care about it. I regard Frank as TBR's version of a shock jock.)

See! The Doc says it's Comedy Gold!

corbe · « **Reply #24 on:** February 07, 2018, 12:09:29 am »

Quote from: Frank Cannon on February 06, 2018, 11:49:38 pm

See! The Doc says it's Comedy Gold!

He knew he was gonna have to order 'Special Purpose' Nozzles for a butt such as yours, Frank. (No telling what he'd find up there).