Dow closes at 11,950 today.

Discussion in 'Economy' started by Sallow, Oct 24, 2011.

  1. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Where's all the conservative threads on the stock market? When it was going down, they were practically gleeful about it.

    Well..now it's almost completely recovered.

    No threads?

    Guess this is something else President Obama had nothing to do with.

    :lol:

    Yahoo! Finance - Business Finance, Stock Market, Quotes, News
     
  2. Rozman
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    Rozman Gold Member Supporting Member

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    When the market goes down it's NOT Obama's fault...
    When the market goes up it's ALL because of Obama.....

    I don't think I'm gonna play this game...Thanks.. :lol:
     
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  3. JimBowie1958
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    JimBowie1958 Old Fogey

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    The markets are going up because people are willfully suspending their skepticism about the EU resolving their sovereign bond problems, and do not realize it is mathematically impossible. They can drag it out perhaps for a couple more years, but FY 2013 is going to see some unavoidable difficulties if it hasnt happened by then.

    Then this market will plunge by about 60% to 90% value.
     
  4. toxicmedia
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    toxicmedia Gold Member

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    That's how it works in mainstream media.....on conservative media....

    when the SM goes up....Obama didn't do anything.
    when the SM goes down....it's a result of Obama's failed policies.
     
  5. JStone
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    JStone BANNED

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    Can't be all those Obama shovel ready jobs that drove up Caterpillar's stock which helped drive up the stock market, since much of Caterpillar's growth is overseas.
     
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  6. toxicmedia
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    toxicmedia Gold Member

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    I'm just wondering when the average uneducated unemployed American worker is going to realize how cost inffective they are.

    The jobs that have been created since the housing bubble crash especially, and some time before...have been Wal Mart jobs, and other low paying McJobs.

    The economy sucks because we have a liquidity crisis. Americans don't have any money to spend on things produced by people who would invest money in producing such things....it's not that hard.
     
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  7. C_Clayton_Jones
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    C_Clayton_Jones Diamond Member

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    Which is troubling and telling, that the right actually wishes for the American people to suffer so they might realize political gain.
     
  8. Sarah G
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    Sarah G When Nothing Goes Right, Go Left Supporting Member

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    Thank goodness. I was about sick of seeing my 401k just sitting there doing nothing.
     
  9. rdean
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    rdean Guest

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    The right wing got 98% of everything they wanted. The economy was downgraded, that made it "Obama's fault".
     
  10. kiwiman127
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    kiwiman127 Comfortably Moderate Supporting Member

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    Where Wall Street is financially doesn't reflect where Main Street America is economically. And that's the problem.
     

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