Obamaville v. Cramerica : Walmart and Exxon
When asked about the declining stock market, President Bankrupt Obama mused yesterday: "Buying stocks is a potentially good deal if you have a long term perspective on it." This quote comes from a man who acts more like a day trader when it comes to spending money than a long term investor.
The Dow Jones finished below 7,000 recently, levels not seen since 1997. Which of the Dow 30 were the top performers? Walmart and Exxon Mobil, two of the most villified companies on the liberal left. Walmart employs close to two million people, most of them high school educated, and sells products cheaper than any other company to tens of millions of people every day. It is controversial to the liberals because it is not unionized and does not offer health insurance to all its employees. Yet, when a new store opens, thousands of people typically line up for the few hundred employee openings.
Exxon Mobil is evil, say the liberals, because it supplies us oil at market prices. Sure they probably squeeze us for an extra few cents per gallon when they can, but it gives the liberals something to complain about. Maybe if they were allowed to drill for more oil on U.S. land the price would drop.
Obama and his liberal friends love to bash these two companies because they are successful, big, and an easy target when times are tough. But, boy how they love to TAX these two companies for all their stupid entitlement programs. They ignore the fact that these two giant businesses are examples of what makes America great - Capitalism and not liberalism.
A company in the Dow like GM they adore because it is unionized, needs a bailout from government, but will eventually go broke.
The residents of Obamaville hate big business, while residents of Cramerica, where the great Jim Cramer is President, love capitalism, want to buy "Obama Resisent Stocks", and would like to keep more of their own money. Hail Cramer!
The Dow Jones finished below 7,000 recently, levels not seen since 1997. Which of the Dow 30 were the top performers? Walmart and Exxon Mobil, two of the most villified companies on the liberal left. Walmart employs close to two million people, most of them high school educated, and sells products cheaper than any other company to tens of millions of people every day. It is controversial to the liberals because it is not unionized and does not offer health insurance to all its employees. Yet, when a new store opens, thousands of people typically line up for the few hundred employee openings.
Exxon Mobil is evil, say the liberals, because it supplies us oil at market prices. Sure they probably squeeze us for an extra few cents per gallon when they can, but it gives the liberals something to complain about. Maybe if they were allowed to drill for more oil on U.S. land the price would drop.
Obama and his liberal friends love to bash these two companies because they are successful, big, and an easy target when times are tough. But, boy how they love to TAX these two companies for all their stupid entitlement programs. They ignore the fact that these two giant businesses are examples of what makes America great - Capitalism and not liberalism.
A company in the Dow like GM they adore because it is unionized, needs a bailout from government, but will eventually go broke.
The residents of Obamaville hate big business, while residents of Cramerica, where the great Jim Cramer is President, love capitalism, want to buy "Obama Resisent Stocks", and would like to keep more of their own money. Hail Cramer!

Hail Cramer. Cramer for Treasury Secretary, instead of Tiny Tim Geithner!
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