Quit picking on Obama……
- Thread starter DaSleeper
- Start date
I don't keep close track of World news, so am unable to comment in specific terms, we laymen just depend on the wisdom of the powers that be. Obama was elected on the strength of his wisdom no doubt.
Obama's approval ticks up as Americans hail economic gains.
For the first time since September 2007, the poll found more have a positive economic outlook than a negative one.
Fifty-two percent of those surveyed described economic conditions in the United States today as very good or somewhat good, while 48 percent deemed them somewhat poor or very poor. The public’s economic optimism in the last decade hit its nadir in December 2008, when 93 percent described conditions as somewhat or very poor and only 8 percent saw any good in the economy.
Those surveyed also said they are bullish on the country’s economic future, with 60 percent responding that they expect conditions will be good a year from now. Public optimism about the economy appears to be at its highest since April 2009, three months after Obama took office.
President George W. Bush had a 36 percent approval rating at this point of his presidency in April 2007, while President Bill Clinton enjoyed 60 percent approval in April 1999 following his impeachment and subsequent acquittal in the Monica Lewinsky scandal.
Obama's approval ticks up as Americans hail economic gains - Nick Gass - POLITICO
For the first time since September 2007, the poll found more have a positive economic outlook than a negative one.
Fifty-two percent of those surveyed described economic conditions in the United States today as very good or somewhat good, while 48 percent deemed them somewhat poor or very poor. The public’s economic optimism in the last decade hit its nadir in December 2008, when 93 percent described conditions as somewhat or very poor and only 8 percent saw any good in the economy.
Those surveyed also said they are bullish on the country’s economic future, with 60 percent responding that they expect conditions will be good a year from now. Public optimism about the economy appears to be at its highest since April 2009, three months after Obama took office.
President George W. Bush had a 36 percent approval rating at this point of his presidency in April 2007, while President Bill Clinton enjoyed 60 percent approval in April 1999 following his impeachment and subsequent acquittal in the Monica Lewinsky scandal.
Obama's approval ticks up as Americans hail economic gains - Nick Gass - POLITICO
Under Obama the rich get richer. The poor get the dole. The working and middle classes get strangled.
Cheney... Bush... Millions... WMDs
Highest corporate profits and more and more Americans on food stamps than ever!
Joys on Joys!
Do any of the leftists on the forum care to comment on the wisdom of Barack Obama's Trans Pacific Partnership free trade agreement?
Now that the cards are all on the table, I believe that you will find that there are few victories that the (former) BHO supporters are prepared to defend
Nasdaq sets closing record
Nasdaq sets closing record | Reuters
The Nasdaq Composite, the U.S. market index most closely associated with technology stocks, closed at an all-time high on Thursday, surpassing a 2000 record set just before the dotcom crash.
Its new record close of 5,056.06 capped a slow, unsteady climb since it touched a 2002 low of 1,114.11, that spanned an economic recession, the rise of biotech and social media and the explosive growth of mobile phones that has helped make Apple Inc (AAPL.O) the most valuable company in the United States.
The Nasdaq traded as high as 5,073.091 on Thursday, led by shares of Apple, which has been among the biggest positive influences on the index in recent years. The index's last record close of 5,048.62 was hit on March 10, 2000.
The benchmark S&P 500 index .SPX also set an intraday high, but closed shy of a new record.
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Rapid growth in biotechnology companies such as Gilead Sciences Inc (GILD.O) and social media firms like Facebook Inc (FB.O), driven by the popularity of mobile computing, also helped lift the Nasdaq to its current levels.
Strategists say there is still room for the Nasdaq to rise.
"Now that it's making a new high, I don't think it's just going to stop. It has the potential to go up, absent some external event that I can't predict. I think the companies look as though they ought to power through this environment," said Walter Price, senior portfolio manager and managing director of the AllianzGI Global Technology fund in San Francisco.
In 2000, "a lot of the high-growth companies were selling at 200 or 300 times next year's earnings. This is nothing like that. This is a whole different world versus 2000."
RELATED COVERAGE
› FACT BOX: Nasdaq's 'Cubes' ETF reaps Nasdaq's big run
› SLIDESHOW Nasdaq sets closing record
On Thursday, shares of Gilead were up 1 percent at $105.21, while Facebook, which late Wednesday posted quarterly revenue that missed analysts estimates, was down 2.6 percent at $82.41.
Shares of Apple were up 0.8 percent at $129.67, while Google Inc (GOOGL.O) was up 1.5 percent at $557.46. They are the two top components by market cap in the Nasdaq. Microsoft Corp (MSFT.O), which was the top component in March 2000, is now third, followed by Facebook.
The Dow Jones industrial average .DJI rose 20.42 points, or 0.11 percent, to end at 18,058.69, the S&P 500 gained 4.97 points, or 0.24 percent, to 2,112.93 and the Nasdaq Composite added 20.89 points, or 0.41 percent, to 5,056.06.
After the close, Nasdaq 100 e-mini futures NQc1 jumped as Google, Microsoft and Amazon.com (AMZN.O) reported results. Google shares were up 3.7 percent after the bell, while Microsoft was up 3.1 percent and Amazon was up 7.4 percent.
The Nasdaq shed 78.4 percent of its value from the 2000 peak to its 2002 low 31 months later. From the March 2009 trough to today's record, the index gained 300 percent.
The Nasdaq Composite's market capitalization is $8.2 trillion, compared with a $19.5 trillion market cap for the S&P 500, according to Thomson Reuters data. The Nasdaq's market cap was at $6.6 trillion in March 2000.
"It shows the strength in technology and biotechnology and the M&A going on in both those areas, but especially in biotech," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.
Though the Nasdaq is heavily associated with technology, the S&P 500 technology sector .SPLRCT is actually down about 21 percent since March 10, 2000, according to S&P-Dow Jones Indices analyst Howard Silverblatt.
On Thursday, eight of the 10 major S&P sectors were higher.
Advancing issues outnumbered declining ones on the NYSE by 2,039 to 956, for a 2.13-to-1 ratio on the upside; on the Nasdaq, 1,659 issues rose and 1,061 fell, for a 1.56-to-1 ratio favoring advancers.
About 6.6 billion shares changed hands on U.S. exchanges, compared with the daily average of 6.2 billion for the month to date, according to data from BATS Global Markets.
BLAME OBAMA!
Nasdaq sets closing record | Reuters
The Nasdaq Composite, the U.S. market index most closely associated with technology stocks, closed at an all-time high on Thursday, surpassing a 2000 record set just before the dotcom crash.
Its new record close of 5,056.06 capped a slow, unsteady climb since it touched a 2002 low of 1,114.11, that spanned an economic recession, the rise of biotech and social media and the explosive growth of mobile phones that has helped make Apple Inc (AAPL.O) the most valuable company in the United States.
The Nasdaq traded as high as 5,073.091 on Thursday, led by shares of Apple, which has been among the biggest positive influences on the index in recent years. The index's last record close of 5,048.62 was hit on March 10, 2000.
The benchmark S&P 500 index .SPX also set an intraday high, but closed shy of a new record.
RELATED VIDEO
Video
Nasdaq sets first record since dotcom bust
Video
Nasdaq tops 15-year closing record
Video
Nasdaq rally is sustainable - Ross Gerber
Rapid growth in biotechnology companies such as Gilead Sciences Inc (GILD.O) and social media firms like Facebook Inc (FB.O), driven by the popularity of mobile computing, also helped lift the Nasdaq to its current levels.
Strategists say there is still room for the Nasdaq to rise.
"Now that it's making a new high, I don't think it's just going to stop. It has the potential to go up, absent some external event that I can't predict. I think the companies look as though they ought to power through this environment," said Walter Price, senior portfolio manager and managing director of the AllianzGI Global Technology fund in San Francisco.
In 2000, "a lot of the high-growth companies were selling at 200 or 300 times next year's earnings. This is nothing like that. This is a whole different world versus 2000."
RELATED COVERAGE
› FACT BOX: Nasdaq's 'Cubes' ETF reaps Nasdaq's big run
› SLIDESHOW Nasdaq sets closing record
On Thursday, shares of Gilead were up 1 percent at $105.21, while Facebook, which late Wednesday posted quarterly revenue that missed analysts estimates, was down 2.6 percent at $82.41.
Shares of Apple were up 0.8 percent at $129.67, while Google Inc (GOOGL.O) was up 1.5 percent at $557.46. They are the two top components by market cap in the Nasdaq. Microsoft Corp (MSFT.O), which was the top component in March 2000, is now third, followed by Facebook.
The Dow Jones industrial average .DJI rose 20.42 points, or 0.11 percent, to end at 18,058.69, the S&P 500 gained 4.97 points, or 0.24 percent, to 2,112.93 and the Nasdaq Composite added 20.89 points, or 0.41 percent, to 5,056.06.
After the close, Nasdaq 100 e-mini futures NQc1 jumped as Google, Microsoft and Amazon.com (AMZN.O) reported results. Google shares were up 3.7 percent after the bell, while Microsoft was up 3.1 percent and Amazon was up 7.4 percent.
The Nasdaq shed 78.4 percent of its value from the 2000 peak to its 2002 low 31 months later. From the March 2009 trough to today's record, the index gained 300 percent.
The Nasdaq Composite's market capitalization is $8.2 trillion, compared with a $19.5 trillion market cap for the S&P 500, according to Thomson Reuters data. The Nasdaq's market cap was at $6.6 trillion in March 2000.
"It shows the strength in technology and biotechnology and the M&A going on in both those areas, but especially in biotech," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.
Though the Nasdaq is heavily associated with technology, the S&P 500 technology sector .SPLRCT is actually down about 21 percent since March 10, 2000, according to S&P-Dow Jones Indices analyst Howard Silverblatt.
On Thursday, eight of the 10 major S&P sectors were higher.
Advancing issues outnumbered declining ones on the NYSE by 2,039 to 956, for a 2.13-to-1 ratio on the upside; on the Nasdaq, 1,659 issues rose and 1,061 fell, for a 1.56-to-1 ratio favoring advancers.
About 6.6 billion shares changed hands on U.S. exchanges, compared with the daily average of 6.2 billion for the month to date, according to data from BATS Global Markets.
BLAME OBAMA!
Imagine being served your poolside drinks by a lawyer, or getting your chicken sandwich delivered by an experienced marketing professional. The first is a friend of mine, the second my waitress a few weeks ago. Both lost jobs due to economic downturns at their organizations.
Tackling The Real Unemployment Rate: 12.6% - Forbes
Yet all the attention earlier this month wasn’t focused on part-time America, but only because the government and headline writers treated part-time jobs as if they were full-time jobs. There is a crying need for good, well-paying, full-time jobs, yet only 47.7 percent of adults in the U.S. are working full time.
The Real Unemployment Rate and the Dearth of Full-Time Jobs - US News
Tackling The Real Unemployment Rate: 12.6% - Forbes
Yet all the attention earlier this month wasn’t focused on part-time America, but only because the government and headline writers treated part-time jobs as if they were full-time jobs. There is a crying need for good, well-paying, full-time jobs, yet only 47.7 percent of adults in the U.S. are working full time.
The Real Unemployment Rate and the Dearth of Full-Time Jobs - US News
Yeah, I'm thinking Obama will probably go down in history as one of the great Presidents!
While many right wing delusionals continue to call Obama the ''food stamp president", the fact remains that more Americans got food stamps under Bush than under him:
Obama’s Numbers (April 2015 Update)
Gingrich called Obama the “food stamp president” and claimed he had added more recipients to the rolls than any previous chief executive. But that was not true at the time , and only later did the gain under Obama exceed the number added under his predecessor. Now, however, the title has gone back to George W. Bush; 14.7 million were added to the rolls during his time in office, and 14.3 million were added during Obama’s.
... just the facts ...
Obama's White House emails got hacked by the Russians last year. They read his emails. What a stupid bastard.
Funny how the forum right wingers eagerly endorse fact check when its numbers attack Obama but not when they support him.
The Broken Record card never stops playing here ....