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Old 05-04-2013, 12:38 PM
 
Location: Allendale MI
2,523 posts, read 2,202,722 times
Reputation: 698

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Quote:
Originally Posted by Ellwood View Post
Looking at the economy, from what is nearby me, I see many people out of work, losing their homes, on food stamps and their unemployment running out.

Those who are praising Obama for the "improved" economy, aren't considering the average American worker. CEO's and companies are making record profits, which unfortunately aren't helping those Americans who need jobs. Companies cut workers and spending and found they can make more $$$ for themselves. So the Dow hit 15,000, that hasn't helped my neighbor who has been out of work for 2 years.

9.5 Million People Have Left the Workforce Under Obama | CNS News
So what do you want. Socialism
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Old 05-04-2013, 05:26 PM
 
Location: Long Island
32,816 posts, read 19,476,785 times
Reputation: 9618
Quote:
Originally Posted by RD5050 View Post
Looks like we will be breaking through 15,000 !!!
dow 9k before the end of the year
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Old 05-04-2013, 05:47 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,324,704 times
Reputation: 7627
Quote:
Originally Posted by workingclasshero View Post
dow 9k before the end of the year
Let's see what you said back on October 10th of 2010 - 2 1/2 YEARS ago:

Quote:
Originally Posted by workingclasshero View Post
Dow 3000 within the next 2 years
//www.city-data.com/forum/polit...l#post16208109

How'd THAT work out for you?
You've been spouting the same silly nonsense since the stock market recovery began in 2009 - during which time the DOW has more than DOUBLED - erasing ALL the loses from the crash and once again at all-time highs (and despite claims of folks like you, the dollar has NOT collapsed, nor WILL it collapse).
You DO know that you are looking increasingly silly and irrelevant don't you?
If you don't, you SHOULD.

I'm sure glad I don't take financial advice from YOU.


Ken

Last edited by LordBalfor; 05-04-2013 at 06:40 PM..
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Old 05-04-2013, 07:04 PM
 
Location: NJ
18,665 posts, read 19,965,821 times
Reputation: 7315
Quote:
Originally Posted by LordBalfor View Post
Let's see what you said back on October 10th of 2010 - 2 1/2 YEARS ago:



//www.city-data.com/forum/polit...l#post16208109

How'd THAT work out for you?
You've been spouting the same silly nonsense since the stock market recovery began in 2009 - during which time the DOW has more than DOUBLED - erasing ALL the loses from the crash and once again at all-time highs (and despite claims of folks like you, the dollar has NOT collapsed, nor WILL it collapse).
You DO know that you are looking increasingly silly and irrelevant don't you?
If you don't, you SHOULD.

I'm sure glad I don't take financial advice from YOU.


Ken
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Old 05-04-2013, 07:10 PM
 
Location: Houston
26,979 posts, read 15,883,903 times
Reputation: 11259
Let us be real here and understand what is good for Wall Street is not always good for the working man. Yes, I am glad my 401K is up. I cannot find any reason to believe anything done in Washington is the reason for it. Would someone tell me what specific Obama policies has led to the stock market rise.
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Old 05-04-2013, 08:38 PM
 
Location: Long Island
32,816 posts, read 19,476,785 times
Reputation: 9618
Quote:
Originally Posted by LordBalfor View Post
I'm sure glad I don't take financial advice from YOU.


Ken
and so far we have been lucky Ken..


but the obozo liar in charge in the whitehouse is about to send us into another depression....


hmmm
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Old 05-04-2013, 08:44 PM
 
Location: NJ
18,665 posts, read 19,965,821 times
Reputation: 7315
Quote:
Originally Posted by workingclasshero View Post
and so far we have been lucky Ken..


but the obozo liar in charge in the whitehouse is about to send us into another depression....


hmmm
I hope many feel that way who invest. I really don't like buying high.

Newsflash: Corp earnings are awesome, our GDP is growing, while Europe's is falling, our corps balance sheets are super strong. In short, it would be easy to make a case the DJ stock prices are a bit low as of now. All indicators look at minimum, good.
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Old 05-04-2013, 09:38 PM
 
Location: Northridge/Porter Ranch, Calif.
24,508 posts, read 33,303,120 times
Reputation: 7622
Quote:
Originally Posted by PullMyFinger View Post
Or in 2000 when the presidency was stolen and the first coup d'etat in American history happened.
There was no "stolen" presidency in 2000. Al Gore tried to do that, but failed.
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Old 05-04-2013, 09:40 PM
 
Location: Northridge/Porter Ranch, Calif.
24,508 posts, read 33,303,120 times
Reputation: 7622
Quote:
Originally Posted by RaymondChandlerLives View Post
I prefer to remember 2008, when the economy died under the worst president in history.
I don't recall Carter or Obama being the president in 2008.
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Old 05-04-2013, 09:47 PM
 
33,387 posts, read 34,830,354 times
Reputation: 20030
Quote:
Originally Posted by RD5050 View Post
Gas fell from $4.12 a gallon in July 2008 all the way down to $1.61 in Dec 2008 when the economy collapsed!

View this 8 year chart here and see for yourself:

Historic Gas Prices - 8 Year Chart
it was the spike in gas prices that caused the collapse of the economy. and the gas price spike was caused by manipulation in the oil commodities markets.
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