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If Obama had not pumped so much money into the economy so quickly we would probably still be on a downward spiral and in a depression, but of course he gets reamed for doing it, sooooo...
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Or weak companies would have collapsed causing a very bloody but necessary culling of the herd. Now all we've done is create different problems from the ones people were crying about in the fall and winter. Greenspan slashed the rates and encouraged homeownership for the unqualified which helped bring us out of recession... i think i've heard someone say that wasn't the right thing to do. don't worry, i'm sure Obama thought everything through just fine.
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I'm not saying people don't invest hoping stock will go up in the future, of course they do. But speculators and short sellers and the like MANIPULATE THE MARKET to artificially make prices go up or down so they can make a lot of money in the short run, then they pull out and everything goes all wonky and collapses. THAT is what I'm talking about. They use unethical practicies that should be outlawed, because they are the cause of millions of people losing their savings, their retirement funds, companies going bankrupt, etc. They have caused several crashes, and now they have caused a global crash. They need to be stopped, period.
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Can you tell me what exactly they do in something other than outraged soundbyte terminology?