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The PJ Tatler

by
Bryan Preston

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October 2, 2013 - 1:38 pm

Despite predictions that the government shutdown would trigger a stock market crash, the Dow has remained steady throughout the week as it shrugs off the shutdown. Evidently President Obama has a problem with this. He used an appearance on CNBC this afternoon to suggest that a bit of panic is in order.

If the Dow drops Thursday, we may trace it straight back to the president’s comments.

Update: Video of his comments here.

Bryan Preston has been a leading conservative blogger and opinionator since founding his first blog in 2001. Bryan is a military veteran, worked for NASA, was a founding blogger and producer at Hot Air, was producer of the Laura Ingraham Show and, most recently before joining PJM, was Communications Director of the Republican Party of Texas.

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Top Rated Comments   
"...after all, He and His family are not going to be affected anyway. "

That's what Ceausescu thought too and look how well that worked out.

z
46 weeks ago
46 weeks ago Link To Comment
Things are not going as expected and King Obamessiah failing to start a wider war in Syria is now giving marching orders to His loyalists in the Fed to stop printing money. This might backfire big time and spin fast out of control but I don't think The Wohn cares, after all, He and His family are not going to be affected anyway.
46 weeks ago
46 weeks ago Link To Comment
Obama isn't simply unqualified, inexperienced or in over his head... he's evil. I haven't wanted to say that because I know how melodramatic it sounds but I don't see any other explanation his actions.

The greatest nation in the world is being governed by the worst kind of Chicago thug.
46 weeks ago
46 weeks ago Link To Comment
All Comments   (11)
All Comments   (11)
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The markets generally move sideways during the 4th quarter, because of profit taking and setting up for end of year taxes. There really is nothing driving this market: pretty much all indicators are flat. There was a crappy jobs report this week, but honestly, every jobs report since Prez Zero got onboard has been crappy.
The market dropped about 125 points on Wednesday, then recovered to a 50 point decline, which is certainly nothing to write home about.
Methinks that the Prez is setting the stage so that if the market declines 200 - 300 points, over something real like lousy housing numbers, then he can blame the Repubs, and not his craptastic economic programs.
46 weeks ago
46 weeks ago Link To Comment
Things are not going as expected and King Obamessiah failing to start a wider war in Syria is now giving marching orders to His loyalists in the Fed to stop printing money. This might backfire big time and spin fast out of control but I don't think The Wohn cares, after all, He and His family are not going to be affected anyway.
46 weeks ago
46 weeks ago Link To Comment
"...after all, He and His family are not going to be affected anyway. "

That's what Ceausescu thought too and look how well that worked out.

z
46 weeks ago
46 weeks ago Link To Comment
If Obama is trying to crash the stock market, Soros must have his short bets in.
46 weeks ago
46 weeks ago Link To Comment
Never let a good crises got to waste, and if you don't have one to use, create one.
46 weeks ago
46 weeks ago Link To Comment
Isn't this called market manipulation? Will we see loudmouth Bill O'Reilly lambaste the President for trying to orchestrate a big selloff on Wall Street the same way he thinks "speculators" drive up and down oil prices? Stay tuned.
46 weeks ago
46 weeks ago Link To Comment
He needs to escalate his temper tantrum?
46 weeks ago
46 weeks ago Link To Comment
Obama isn't simply unqualified, inexperienced or in over his head... he's evil. I haven't wanted to say that because I know how melodramatic it sounds but I don't see any other explanation his actions.

The greatest nation in the world is being governed by the worst kind of Chicago thug.
46 weeks ago
46 weeks ago Link To Comment
So...... I'm guessing that Obama's shutdown crisis isn't going the way he planned it?
46 weeks ago
46 weeks ago Link To Comment
Correct. Obama's 'crisis' of a federal govt shutdown isn't really a crisis. Life is going on, people are still getting up & going to work every day, kids are still going to school, babies are still being born, and the earth is still a-spinnin'. Liberals want us to think life ends when government ceases to operate.
46 weeks ago
46 weeks ago Link To Comment
And on top of that it's becoming increasingly obvious that what few problems there are only exist because Obama is going out of his way to creat them.
46 weeks ago
46 weeks ago Link To Comment
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