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Biden ‘really aware’ of stock slide
that erased all gains since Trump: White House

Original Article

Posted By: Imright, 6/14/2022 1:04:23 AM

President Biden is “really aware” of the recent stock market decline, White House press secretary Karine Jean-Pierre said Monday when asked about the fact that the Dow Jones Industrial Average has lost all of its gains since Biden took office.The Dow closed Monday at its lowest point since January 2021 as soaring inflation and rising interest rates spur fear of an economic recession.Before the recent stock slide, Biden often touted the market doing well, though he usually made a point of saying that he didn’t regard it as the only important economic indicator.

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Reply 1 - Posted by: john56 6/14/2022 1:41:27 AM (No. 1185126)
Fortunately, the Biden family has other sources of income (via Hunter, his uncle and others) a government job, pension, and The Doctor to cover any market losses. Heck, they've done better than Hillary Clinton investing in cattle futures with ol' Red Bone back in Ark.
11 people like this.

Reply 2 - Posted by: ussjimmycarter 6/14/2022 1:44:14 AM (No. 1185129)
How much of the Billions we sent to Ukraine will end up with “The Big Guy”?
20 people like this.

Reply 3 - Posted by: bobn.t 6/14/2022 1:53:25 AM (No. 1185133)
I doubt it. Bet he doesn't know his name.
8 people like this.

Reply 4 - Posted by: coyote 6/14/2022 4:37:01 AM (No. 1185160)
It is not only the cost of gas going up because of the Biden inflation that is hurting people, it is the loss of value of retirement savings that will hurt them in the future.
20 people like this.

Reply 5 - Posted by: rytwng 6/14/2022 6:35:46 AM (No. 1185187)
Braindead doesn't know his own name.
4 people like this.

Reply 6 - Posted by: F15 Gork 6/14/2022 6:54:24 AM (No. 1185199)
He’s aware of it alright.....he has caused all of it. All part of the plan.
11 people like this.

Reply 7 - Posted by: Pearson365 6/14/2022 7:48:05 AM (No. 1185235)
Did Biden artificially boost the stock markets by borrowing up to $500 billion in 2021 so that states with under funded pension plans could then allocate this enormous gift to the equity markets? Biden boasted about the stock markets breaking records under his administration but was it because he used borrowed money from his “Rescue Plan”, money now gone now that the markets are finally reflecting Biden’s dismal economic reality? In the ultimate Ponzi scheme, the debt issued by the US Treasury for this $500 billion allocation to top up state pension plans for state worker unions was bought by the Federal Reserve. The Fed is now trying to sell the $9 trillion in Treasury and Mortgage Backed Securities debt it holds as it raises interest rates in an attempt to stop Biden inflation. As rates rise and home mortgages look risky due to a possible recession, the value of these securities decline as potential buyers want higher interest rates to reflect inflation. Or, just another market loss for taxpayers.
7 people like this.

Reply 8 - Posted by: Periwinkel 6/14/2022 7:54:56 AM (No. 1185246)
Headline: "really aware"...does that mean Biden's not aware at all about all the other problems he caused?
6 people like this.

Reply 9 - Posted by: downnout 6/14/2022 8:00:05 AM (No. 1185250)
As retirees, it is not fun watching thousands and thousands of dollars disappear every day. We worked very hard to save, foregoing the European vacations, etc. so we could live well in retirement. Now that fool in DC is dropping a nuclear bomb on the country and all because of his fetish for green energy - not to mention his indebtedness to the Chinese. FJB..with a cactus.
14 people like this.

Reply 10 - Posted by: cireskul 6/14/2022 8:10:57 AM (No. 1185268)
Of course he is. He was ordered to crash the American economy for his Chinese masters and he has done so. So, yes he IS AWARE.
8 people like this.

Reply 11 - Posted by: Strike3 6/14/2022 8:45:46 AM (No. 1185309)
When you have boxes of stolen loot stashed in your basement, the stock market matters very little in your personal portfolio. I hope Pelosi and the other dishonest democrat inside traders were hurt just as much as everybody else.
4 people like this.

Reply 12 - Posted by: janjan 6/14/2022 8:52:02 AM (No. 1185323)
Ms. Jean-Pierre is the perfect poster child for the Biden Administration. Not only black but also gay, she is guaranteed daily gushing by tone deaf ignorant media talking heads. They are endorsing someone who is as incoherent and incompetent as her boss. On the other hand there is probably no one capable of defending Biden without sounding like a complete idiot.
3 people like this.

Reply 13 - Posted by: Rumblehog 6/14/2022 8:55:33 AM (No. 1185329)
Our Humanist Cabal in the Bidet Administration wishes to destroy our American economy, subordinating it to the emerging Globalist World Order. Don't think for a second that your lifesavings are safe and secure, or that your investments are going to make it through this fools four year term. Lifeboats!
3 people like this.

Reply 14 - Posted by: Namma 6/14/2022 9:07:07 AM (No. 1185340)
Helps with fundamentally transforming America. All in the plan!
4 people like this.

Reply 15 - Posted by: mc squared 6/14/2022 10:14:10 AM (No. 1185425)
His money is in the Shanghai Stock Exchange (SSE)
3 people like this.

Reply 16 - Posted by: bigfatslob 6/14/2022 10:51:08 AM (No. 1185476)
The vegetable standing cadaver, Joe Biden, isn't aware of jack squat all he knows is what is stuffed into the teleprompter by some stooge nitwit to read to the public. The media will paint a picture or not report on the economy that died since the fraud walked into the stolen White House. No Biden isn't aware of anything but maybe his crack head son will tell him since Hunter is running our fraud government with his stepmom.
1 person likes this.

Reply 17 - Posted by: formerNYer 6/14/2022 11:34:40 AM (No. 1185545)
The tree-stump is not “really aware” of anything.
1 person likes this.

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