0bama invents SOCIALISTIC STOCK INDICATOR!
@redyellowblackdog (10629)
United States
March 4, 2009 7:13am CST
Yes, it is true.
Price to earnings ratios have long been an indicator of a stock's underlying company's expected future profit potential.
Stocks whose price to earnings ratios are high usually have a public perception that their future profits will be greater than today.
Stocks whose price to earnings ratios are low usually have a public perception that their future profits will be less than today.
For an explanation of how 0bama has changed this indicator, read this.
http://littlegreenfootballs.com/article/32967_President_Obama_and_Economics_101
I say that 0bama's use of a profit to earnings ratio as opposed to the traditional price to earning ratio reveals his socialistic tendencies and his desire to equalize and make fair all things, even in business. How so? While price to earnings ratios vary from company to company, all companies have a profit to earnings ratio that are exactly the same! Profit is the same as earnings. All companies have a profit to earnings ratio of one. 0bama is an socialistic economic genius!
What do you say?
1 response
@Destiny007 (5805)
• United States
4 Mar 09
I say the 0bamunist is an economic idiot who has no clue about most of the things he says.
I also think he may need to reevaluate his picks for advisers and speechwriters for letting such an obvious error slip through... or was he talking without his teleprompter again?
When Bush mispronounced or coined a new word, everyone was quick to attack him over it.
Bush had an MBA or two... the 0bamunist is a liar... er ... lawyer, and has no clue about business or the economy... and it shows.
Where is the outrage?
1 person likes this
@redyellowblackdog (10629)
• United States
4 Mar 09
Where's the outrage? Where's the uproarious laughter? 0bama is a smiling ignorant coniving buffon. The sooner we can get a few reporters to LOL during one of his press confrences, the better. I'll bet it has happened already but was suppressed.
