More bad news Republicans, Dow soars to 4 year high

Discussion in 'Politics' started by Chris, May 1, 2012.

  1. Chris
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    Chris Gold Member

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    NEW YORK (CNNMoney) -- U.S. stocks rallied Tuesday as investors welcomed a rise in U.S. manufacturing activity and digested a mixed batch of corporate earnings

    The Dow Jones industrial average rose 108 points, or 0.8%. Earlier in the day, the gains pushed the blue-chip index to a multi-year high of 13,338.66, the highest since December 2007.

    U.S. stocks gain ground on manufacturing growth - May. 1, 2012
     
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  2. Chris
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    Chris Gold Member

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    Economy recovering.....check

    Al Qaeda destroyed.....check

    GM rebuilt.......check

    What will the Republicans run on?

    Anticontraception????

    Check.
     
  3. g5000
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    g5000 Diamond Member

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    Not. The Unemployment rate remains stuck above 8 percent. There are millions of people who vote stuck inside that number.

    A rising stock market is the result of Federal Reserve policy and they have been doing one helluva good job at taking care of the rich. Things like suppressing interest rates for the banks, at the cost of hurting savers and the common man.

    I will probably make a record amount of money this year. But the little guy is still fucked.

    The little guy needs Congress and the White House to get their asses in gear. For their work up to this point, these bodies receive an F-. They haven't done shit to get this economy moving.

    A pox on both their houses.

    You think an unemployed laborer is out in the streets dancing over the Dow? Really?

    You can be sure a few brokers are doing an extra line of blow, though. And lemme tell ya, rich people love the GOP more than the Democratic Party. They see the rise in the Dow as Bernanke's doing, not Obama's.

    Obama's base is still doing piss poor.
     
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    Last edited: May 1, 2012
  4. Chris
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    Chris Gold Member

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    Stocks do 9 times better with a Democrat in the White House....

    While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

    The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

    That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

    Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg
     
  5. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Why is this bad news for Republicans? Aren't they the evil rich people making money off of this? The stock market is bad, right? It's the 1 percenters making money. You are getting very confused on your talking points.

    I'm curious, candy ass Chris, why is it when a Republican is in the White House the stock market is evil, but when a Democrat is in the White House a good performing stock market is just swell?
     
  6. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    So what you're saying is the Democrats are the party of the 1%?

    The highest DOW was under Bush you know.
     
  7. Jarhead
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    Jarhead Gold Member

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    So now you are touting how little you know about the financial markets.

    Wow....
     
  8. Claudette
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    Claudette Gold Member

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    He blows with the wind.

    If its sounds good for Barry then its good.

    If its for the Reps then its evil.

    The stock market is good right now. Wonder what he will say when it tanks as it often does.
     
  9. GHook93
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    GHook93 Aristotle

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    Those 1% are making money off the 99% are you against that comrade? After all the Dow only lists prices for C-Corps and the largest most profitable companies run by 1% executives run those corps. If Dow goes up that mean more executive bonus. Isn't a useless comrade like you against this?
     
  10. dilloduck
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    dilloduck Diamond Member

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    That's lovely----How is our national debt coming along?
     

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