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Is President Obama's Blackness Having an Adverse Impact on the Stock Market? (952 hits)


Ever since Barack Obama accepted the presidential oath of office on January 20th, I have been wondering how his occupation of the office would change the hearts and minds of Americans. As we all know, America has a reputation of being one of the most racist countries in the world. And people of all hues thought they would never see the day when a black man occupied the office. But the negative fluctuations in the stock market are causing me to wonder if President Obama is to blame.

President Obama tells us on a frequent basis that transparency will be a hallmark of his administration. And his words have been coinciding with his deeds, evidenced in his sharing of truth during press conferences and interviews. Truth be told, his behavior is in direct contrast to former President George W. Bush, whose administration was shrouded in a cloud of mystery.

I believe Americans of all hues are trying to answer the question of all questions: Is this black man's leadership abilities on par with the best that white America has to offer? I say yes, because he has paid his dues like his white counterparts, and other persons of color. But our society is still haunted by myths and stereotypes that encourage us black Americans to question our ability to be great, while white Americans go through life thinking they are God's gift to humanity.

I pray for President Obama daily. I know any success he achieves will bring about the dissolution of these myths and stereotypes. But by the same token, if he fails, white Americans won't just be critical of Barack Obama; they will be critical of us as well. That means we have to make sure their treatment of him is fair, that they realize it was George W. Bush's failure to pay attention to detail that got us in this economic and social quagmire in the first place.

What do you think? I look forward to reading your responses.

Jeffery A. Faulkerson, MSSW
www.jefferyafaulkerson.com
Posted By: J. A. Faulkerson
Tuesday, February 24th 2009 at 1:55PM
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All of this stuff said about Obama, he is not black he is mulatto which means he is mixed with black/white I do not think obama will make any postive changes for this country other than what any newly elected person in shoes would.
Thursday, February 26th 2009 at 8:37AM
marcus ross
2 questions,

1. Was the stock market ending in a plus or a minus every day before President Obama?

2. Did the stock market go up the day before Obama's treasury Secretary went before Congress and said how and why this administration would not be in any way dependant on the stock market's ups or downs, and the next day and all of the following days end on a minus closing....that is until TODAY?

Hopefully that they unlike the Republican party have come to the reality that the Obama administration is being run by the average person on Main Street and not by Wall Street.

President Barack H. Obama rules(smile)
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
Please if anyone wants to find out what is really going on in Washington then please turn to the C-spans 3 outlets and see the House and the Senate first hand and not limit ourselves to media sound bites of the liberal /conservative bias, personal opinions, conclusions of the network's reporter, produces's putting the ratings above reality...Please do this for your self, your friends and your family members as you are the government so start acting like it O.K?
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
How interesting that President Barack H. Obama lied when he saaid that he is a Black man!!! my, my my....

What next ,every government on earth are waithing to follow his lead??????(smile) OH, that is right they already are waiting to folllow this man who calls himself a Black Man.....

Some will not give up being Stuck on Stupid now will they?Huh, Rev. Wright?
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
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