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I posted above, you are the one who simply ignored it and continued to repeat the same garbage. Sorry you made some bad decisions in life, but don't blame Obama for them.
It actually is a pretty good indicator of the economy because most stocks rise and fall based on EPS over time. Not to mention all the millions of Americans invested whether direction or through their 401k etc.
This only shows that you cherry pick dates and then call it success. Success in equities is what you have when you take it out, vs what was put in. Nothing more, nothing less. Yet people make the mistake of thinking that numbers in a computer mean otherwise. If you are still in the market, then you have gained or lost nothing.
Furthermore, continuing to cast insult at me simply means you can't argue the point based on logic and fact as such tactics aren't needed by those who actually know what they are talking about.
This only shows that you cherry pick dates and then call it success. Success in equities is what you have when you take it out, vs what was put in. Nothing more, nothing less. Yet people make the mistake of thinking that numbers in a computer mean otherwise. If you are still in the market, then you have gained or lost nothing.
Furthermore, continuing to cast insult at me simply means you can't argue the point based on logic and fact as such tactics aren't needed by those who actually know what they are talking about.
You have no idea what you are talking about which is probably why you think this little move is considered a meltdown
Obama, on a personal level, doesn't seem like a bad person. His policies and ideas are so bad it taints everything he does.
I feel the exact same way about Bush. Both these guys really cared about our country despite any opinions we have about those policies or actions.
Except Cheney. "Deficits dont matter". I...I dont think I can use words allowed to describe him based on JUST that one sentence.
A interesting thing about the market meltdown in 2009 and Obama winning the presidency again in 2012.
By ALL rights any sitting president that was in that kind of economy would not have won re-election based on historical data. The fact that he did shows how bad the republicans chose in their candidates. That hasn't changed from what I see so far. So I am not sure the market melting down would make much difference. But thats on the large scale. locally (state level) it might matter more. That make sense?
Saw an interesting piece on CNBC this evening as the market decays. If the market meltdown continues and the economy stalls out or falls back into recession, it's likely to keep the Democrats out of the White House.
The media will step up to claim the recession was caused by repubs shutting down the government and hating obama because he is 'black'.
If the dems lose it will mean obama's legacy was a flash in the pan that ended with him leaving office. the dems, oops, socialists won't let that happen. The propaganda machine is taking care of HRC and the weaponied federal agencies are still functioning. EW is warming up in the dems bull pen.
Oh, for the uninitiated, USSR means united soviet socialists republic.....a grand failed socialist state. So when BS, the dem socialist runs you might consider the historic, short lived and completely failed list of socialist regimes.
Oh, for the uninitiated, USSR means united soviet socialists republic.....a grand failed socialist state. So when BS, the dem socialist runs you might consider the historic, short lived and completely failed list of socialist regimes.
You could also consider all the extremely successful ones out there as well. And understand the difference between a democratic socialist, and a socialist republic. Then go watch Bernie Sanders for example speak, and think about what he says you disagree with vs agree with.
You could also consider all the extremely successful ones out there as well. And understand the difference between a democratic socialist, and a socialist republic. Then go watch Bernie Sanders for example speak, and think about what he says you disagree with vs agree with.
BS spews nonsense as it relates to economic reality. Sure he sounds good, though he is divorced from reality.
To argue lables is academic, it is the results that count. European socialism is showcased by Sweeden and Norway, two tiny countries that in no way can be be rationally compared to the USA, though europeans and liberal dems keep trying. Their system is now in trouble despite ultra conservative requirements about immigrants. I suppose any ethnic enclave could make any socio-economic system work
You have no idea what you are talking about which is probably why you think this little move is considered a meltdown
Don't forget also he's a reactionary wanna-be American that lives in a nation that greatly benefits from tar sands oil extraction and keeps his healthcare costs way down as a result. He's a Canadian living in Alberta (the lowest tax burden among the provinces). So, he can be all reactionary he wants, but I bet he likes to avail himself of the services of the Canada Health Act and the subsequent rock bottom private health insurance prices he also enjoys as a result of said Act.
It's amazing how uneducated people are about markets, yet hold strong opinions.
This is a correction. It is a natural part of a market economy. It's nothing to freak out about; just brings prices back closer to their actual value rather than an inflated value.
We were overdue for a correction. It's nothing like the bottom falling out of the market like in 07-08.
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