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Obama has set new records for 2009 on all of the following.
The most troops that died in a month. The worst terrorist attack on American soil ever.
The highest foreclosures in history.
The most bankruptcies in history.
The most jobs lost in one month.
The largest drop in approval ratings ever.
The largest closings of factories in American history.
The most debt and most money spent in the 1st year and he did it in 9 months.
The list goes on and on. Obama is not only setting records but he is making new ones almost daily.
Change we can believe in baby!
Almost all of this is BS. The bolded one is clearly and blatantly false without needing to do any research. Nothing has ever happened on Obamas watch that has remotely taken the amount of lives as 9/11.
CITI is up 400% and so are hundreds of other stocks.
Your gold is up 7%.
Really? Hundreds of stocks you say? Can you list a few others? Oh, and piggybacking on currency loss in the dollar, some foreign stocks are up way over 400%.
That must be why they continue to snap up US treasuries eh?
Ken
Seems that the Fed is doing an end runaround and buying them back just weeks after they're sold. Should be fun to watch the buyers scramble to the door soon.
Seems that the Fed is doing an end runaround and buying them back just weeks after they're sold. Should be fun to watch the buyers scramble to the door soon.
Your information is outdated - and it certainly didn't result in "buyers scambling to the door".
Over just the course of this year, there are at least dozens of stocks that have provided over 100% returns. If you calculate 52 week performances, that amount magnifies. In fact, every sector outside of telecom and utilities has been pretty robust at the top end.
Wrong. Unless gold and other specific commodities are you only comparison.
A person who had $1,000 in the Dow on March 9, has $1,600 to spend today.
Not everything has gone up in price.
Milk still costs around $2.25 a gallon in San Diego. Around the same as March.
And there are probably tens of thousands of other items that you can get for the same price now, as back in March.
Except, now you can cash in your stocks, and buy a lot more of these items.
You were pretty specific in stating that a person who PUT 1,000 in the stock market, meaning an investment, has 1600 to SPEND, meaning cash, today.
First of all, the max capital gains tax is 15%, obviously you do not know the difference between capital gains and income taxes. The max a person would lose is $90 (I stated $100 for a nice round figure).
Second, obviously one of those 0's was a typo. Obviously capital gains taxes are not over 100%. You probably should have had enough common sense to gather that and put two and two together.
First. I said put $1000 in the "DOW". I did not say "stock market". Hence my specific wording.
Second. You make a typo which changed $100 to $1000, and you want to blame others for not knowing what you meant?
Third. If you hold stock for less than a year, and sell it, your capital gain is taxed at your standard tax rate, which is determined based on your income for that tax year.
You obviously don't know tax law for capital gains.
Over just the course of this year, there are at least dozens of stocks that have provided over 100% returns. If you calculate 52 week performances, that amount magnifies. In fact, every sector outside of telecom and utilities has been pretty robust at the top end.
Oh, you mentioned 400%.
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Schadenfreude can be extremely profitable. 
