Turns out Odumba is financially illiterate. Who new? I never would have expected this from a former "community organizer" who once made a living agitating for increased handouts. While discussing the plunging stock market (caused by his policies and "eat the rich" rhetoric) he referred to the “profit and earnings ratio.” Any 20-year-old with $500 to invest could tell you that P/E ratio stands for “price-to-earnings”. Maybe he really doesn't get that greedy investors have to pay some kind of price for stocks before they can reap those obscene profits.
After this idiotic statement, he said it was a great time to invest in the stock market. The market then did what it does every time he or his Sec of Treasury Tim "The Tax Cheat" Geithner discuss it publicly. It plunged further - COL (Cry Out Loud).
_________________________
"You have been banned from making any new posts or sending private messages. The reason for this ban is: meh, cause i can"
Previous Topic
Index
