- Obama Explains Importance of "Profit to Earnings" Ratios

Obama Explains Importance of "Profit to Earnings" Ratios

Written by Jim Capo

Wednesday, 04 March 2009 07:25

From AP News Service March 3rd, 2009:

Sounding ever more like an analyst, [President Obama] said that "profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."

Obviously, with analysts (and journalists writing on the economy) like these, we are in some serious trouble here folks.

Those who point out the press reaction that would ensue, if the sock puppet before him blundered like this, are correct.

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Webgazing Search Engine said:

	The Economy I think its rather funner that President Obama wants us to put our money back into the market with the scary thought that he will increase taxes on investments.
	report abuse vote down vote up

March 12, 2009 | url
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Last Updated on Friday, 27 March 2009 10:24

Our valuable member Jim Capo has been with us since Monday, 19 May 2008.

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