Current Events > Now that Market is Crashing.. GOPers blame Obama.

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cjsdowg
02/05/18 7:53:00 PM
#1:


EAN HANNITY (HOST): Because the Obama economy was so weak all of these years we had just artificially cheap money. Now whats cheap money? Cheap money is when you can borrow at ridiculously low rates. The era of cheap money at some point has to come to an end. The government has artificially, the Fed has artificially kept the price of money down and the price borrowing down and now thats going to come to an end. In many ways it represents; Ashley Webster is the name? In many ways its a sign of the strength of the economy more than anything else.


https://www.mediamatters.org/video/2018/02/05/sean-hannity-blames-obama-historic-market-crash/219279

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Fin_Dawg_004
02/05/18 7:54:31 PM
#2:


8VkFNmO
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HBKick18
02/05/18 7:54:53 PM
#3:


Poor Trump fixing this Obummer mess
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hockeybub89
02/05/18 7:55:44 PM
#4:


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Solid Snake07
02/05/18 8:00:11 PM
#6:


literally Sean Hannity.

Hannity's face is buried so deep into Trump's ass I'm surprised he even knows a dip has occurred.
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RebelElite791
02/05/18 8:00:51 PM
#7:


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CircleOfManias
02/05/18 8:01:23 PM
#8:


So to clarify, the markets continuing their upward momentum for the first year after Obama leaves office is Trump's doing, but the crash immediately after Trump's tax plan goes into effect is Obama's? Normally the GOP has some sort of moon logic where it's at least internally consistent, but this I'm at a loss for.
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littlebro07
02/05/18 8:04:34 PM
#9:


CircleOfManias posted...
So to clarify, the markets continuing their upward momentum for the first year after Obama leaves office is Trump's doing, but the crash immediately after Trump's tax plan goes into effect is Obama's? Normally the GOP has some sort of moon logic where it's at least internally consistent, but this I'm at a loss for.


Republicans gonna Republican

Especially Hannity. He's literally one of the dumbest human beings on the planet.
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quinntotheflinn
02/05/18 8:05:25 PM
#10:


littlebro07 posted...
CircleOfManias posted...
So to clarify, the markets continuing their upward momentum for the first year after Obama leaves office is Trump's doing, but the crash immediately after Trump's tax plan goes into effect is Obama's? Normally the GOP has some sort of moon logic where it's at least internally consistent, but this I'm at a loss for.


Republicans gonna Republican

Especially Hannity. He's literally one of the dumbest human beings on the planet.
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Makeveli_lives
02/05/18 8:06:18 PM
#11:


Can someone educate me on this crash? Like did something happen today?
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Prestoff
02/05/18 8:06:19 PM
#12:


Sean Hannity is a moron, more at 11.
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foreveraIone
02/05/18 8:06:34 PM
#13:


littlebro07 posted...
CircleOfManias posted...
So to clarify, the markets continuing their upward momentum for the first year after Obama leaves office is Trump's doing, but the crash immediately after Trump's tax plan goes into effect is Obama's? Normally the GOP has some sort of moon logic where it's at least internally consistent, but this I'm at a loss for.


Republicans gonna Republican

Especially Hannity. He's literally one of the dumbest human beings on the planet.

no. Hannity isn't that dumb. none of those fox news guys are.

it's their audience that is that stupid.
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The Admiral
02/05/18 8:08:14 PM
#14:


So, just to be clear, the market up to the record highs two weeks ago was due to Obama, but the decline since is all Trump?

Is that the line the Dems are going with?
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Fin_Dawg_004
02/05/18 8:08:19 PM
#15:


foreveraIone posted...
littlebro07 posted...
CircleOfManias posted...
So to clarify, the markets continuing their upward momentum for the first year after Obama leaves office is Trump's doing, but the crash immediately after Trump's tax plan goes into effect is Obama's? Normally the GOP has some sort of moon logic where it's at least internally consistent, but this I'm at a loss for.


Republicans gonna Republican

Especially Hannity. He's literally one of the dumbest human beings on the planet.

no. Hannity isn't that dumb. none of those fox news guys are.

it's their audience that is that stupid.

which makes it worse because fox news knows exactly what it is doing
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hockeybub89
02/05/18 8:08:58 PM
#16:


The Admiral posted...
So, just to be clear, the market up to the record highs two weeks ago was due to Obama, but the decline since is all Trump?

Is that the line the Dems are going with?

Butter Democrats

And even if that isn't true, it still makes some sort of logical sense unlike the reverse, Mr. Hannity.
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wackyteen
02/05/18 8:13:07 PM
#17:


The Admiral posted...
So, just to be clear, the market up to the record highs two weeks ago was due to Obama, but the decline since is all Trump?

Is that the line the Dems are going with?

Are you at least willing to admit the market has been on a rise for the past almost 9 years due to Obama?

The market was on a continual rise up due to Obama-era policies.Trump takes over. Institutes his own plan finally. Market is accounting for this. This could be a small dip that turns into a big gain

Or this could just lead to a (small-scale) recession <_<
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Annihilated
02/05/18 8:13:09 PM
#18:


The Admiral posted...
So, just to be clear, the market up to the record highs two weeks ago was due to Obama, but the decline since is all Trump?

Is that the line the Dems are going with?


Shhhh, they still think the stock market is the same as the economy, and that the economy is not in fact flourishing so much that inflation is likely. Don't ruin it for them.
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Fin_Dawg_004
02/05/18 8:14:22 PM
#19:


trumpets shook because one of their best talking points as to why trump isn't shit is in jeopardy
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littlebro07
02/05/18 8:15:13 PM
#20:


The Admiral posted...
So, just to be clear, the market up to the record highs two weeks ago was due to Obama, but the decline since is all Trump?

Is that the line the Dems are going with?


To be fair to them, the correction coincided with "Trump's" tax bill taking effect.

Just a coincidence though.

On another note why the fuck does this shit always happen when I'm broke and can't buy
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wackyteen
02/05/18 8:16:46 PM
#21:


littlebro07 posted...
On another note why the f*** does this s*** always happen when I'm broke and can't buy

Cause life isn't fair that's why
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The Admiral
02/05/18 8:17:42 PM
#22:


wackyteen posted...
The Admiral posted...
So, just to be clear, the market up to the record highs two weeks ago was due to Obama, but the decline since is all Trump?

Is that the line the Dems are going with?

Are you at least willing to admit the market has been on a rise for the past almost 9 years due to Obama?

The market was on a continual rise up due to Obama-era policies.Trump takes over. Institutes his own plan finally. Market is accounting for this. This could be a small dip that turns into a big gain

Or this could just lead to a (small-scale) recession <_<


Which policies of Obama are you talking about? And which policies of Trump's is the market reacting negatively to?
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r4X0r
02/05/18 8:35:41 PM
#23:


The DOW is still up five thousand points from the day Trump took office. Where's this "crash?"

CircleOfManias posted...
So to clarify, the markets continuing their upward momentum for the first year after Obama leaves office is Trump's doing, but the crash immediately after Trump's tax plan goes into effect is Obama's? Normally the GOP has some sort of moon logic where it's at least internally consistent, but this I'm at a loss for.


They're mocking the Democrats who spent the entire Obama administration blaming George Bush for the stagnant economy and then immediately tried to take credit for economic growth under Trump.
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darkjedilink
02/05/18 8:39:05 PM
#24:


cjsdowg posted...
EAN HANNITY (HOST): Because the Obama economy was so weak all of these years we had just artificially cheap money. Now whats cheap money? Cheap money is when you can borrow at ridiculously low rates. The era of cheap money at some point has to come to an end. The government has artificially, the Fed has artificially kept the price of money down and the price borrowing down and now thats going to come to an end. In many ways it represents; Ashley Webster is the name? In many ways its a sign of the strength of the economy more than anything else.


https://www.mediamatters.org/video/2018/02/05/sean-hannity-blames-obama-historic-market-crash/219279

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You got to love it .

He's not wrong. The "crash" is primarily due to speculation that interest rates will go up as a result of improved economic activity due to the Trump tax cuts.
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darkjedilink
02/05/18 8:42:44 PM
#25:


wackyteen posted...
The Admiral posted...
So, just to be clear, the market up to the record highs two weeks ago was due to Obama, but the decline since is all Trump?

Is that the line the Dems are going with?

Are you at least willing to admit the market has been on a rise for the past almost 9 years due to Obama?

The market was on a continual rise up due to Obama-era policies.Trump takes over. Institutes his own plan finally. Market is accounting for this. This could be a small dip that turns into a big gain

Or this could just lead to a (small-scale) recession <_<

This dip is due to speculation that interest rates will rise due to the Trump tax cut - specifically, because the Trump tax cut has put so much money into the economy due to increased wages.
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Solid Snake07
02/06/18 12:37:08 AM
#26:


Makeveli_lives posted...
Can someone educate me on this crash? Like did something happen today?


Not really, my best guess is janet yellen going out the door.

Seems like a pretty illogical sell off, good time to buy
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The23rdMagus
02/06/18 12:43:12 AM
#27:


If Trump is going to own the highs, he's going to have to own the lows too.

(But he won't.)
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Crazyman93
02/06/18 12:45:04 AM
#28:


Yes, and now the DNC has gone from saying Trump was riding the Obama Economy to saying it's all his fault. Funny how both parties do this petty shit over things the President doesn't actually control
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