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	Name:	water_watcher -
	Subject:	why the stock market went up yesterday
	Date:	7/8/2010 7:18:42 AM

Obama has been the most anti business, anti growth president in history. He has only focused on his socialist agenda and it has been scaring investors that we may not get job growth and if the recovery continues it will be a very slow jobless recovery.

So yesterday Geithner comes out and says, "our president gets it, we need to create tax incentives for businesses to grow and create job growth". That was interpreted by investors that the Bush tax cuts for businesses would not only stay in place, but finally Obama may propose new incentives. Geithner went on to say that "Obama understands that the private sector is where job growth must come from for a sustainable recovery, not from government".

This is a huge statement and the markets responded that we may start getting rational thinking. I have my doubts and even if something is proposed it may be lip service to try and save some seats in congress and then we will go back to the same socialist thinking and policies.

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why the stock market went up yesterday - water_watcher - 7/8/2010 7:18:42 AM

why the stock market went up yesterday - MartiniMan - 7/8/2010 8:09:03 AM

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