Stocks hit three year highs

[Chris]

A "three year high" ain't that good. It takes us back to Bush's last year when democrats were conspiring to undermine the entire economy. What did the chairman of the house banking committee say? Barney Frank said he had ideological blinders on. It means that democrats thought the collapse of Fannie Mae would be the means that justified the end of capitalism. The stock market will always struggle up a couple of points but unemployment is still around 9% and an honest 15% in some areas and the cost of fuel will cause the Obama misery index to increase while he tells Americans to go to hell.

Pretty funny post.

The stock market has recovered, unemployment is going down, and GM is going to be the number one automobile company in the world again. Obama's policies worked.

Bad news for you Republicans.

 

[expat_panama]

...The stock market has recovered, unemployment is going down, and GM is going to be the number one automobile company in the world again. Obama's policies worked.

Bad news for you Republicans.

Good news for America is often bad news for opposition political hacks, but that's not important. What really matters is Obama's anti-investor policies.

Back in '08 most investors voted for Obama because they thought he was a healer who'd bring people together. Once in office he tells everyone that he didn't get elected to represent a bunch of fat-cat investors so GM's restructuring saved union funds while investors lost everything and got painted as the bad guy for their trouble.

The price of oil's up so instead of making it easier for companies to put more oil on the market he's telling everyone that the oil producers intentionally caused the shortage to profit from public pain and Obama's promising vengeance.

The stock market's up from the 10-year low it hit in March '09 when Obama's popularity peaked, but it's got a way to go before matching the high's of '08. America needs investors and without them there are still five million fewer people employed.

 

[KissMy]

The market was propped up by the Plunge Protection Team. AKA the President's Working Group & funded by Exchange Stabilization Fund, TARP & Stimulus.

Today you can see how fake it all was.

 

[SFC Ollie]

-436.73 / -3.83% oops

 

[Dr.House]

A "three year high" ain't that good. It takes us back to Bush's last year when democrats were conspiring to undermine the entire economy. What did the chairman of the house banking committee say? Barney Frank said he had ideological blinders on. It means that democrats thought the collapse of Fannie Mae would be the means that justified the end of capitalism. The stock market will always struggle up a couple of points but unemployment is still around 9% and an honest 15% in some areas and the cost of fuel will cause the Obama misery index to increase while he tells Americans to go to hell.

Pretty funny post.

The stock market has recovered, unemployment is going down, and GM is going to be the number one automobile company in the world again. Obama's policies worked.

Bad news for you Republicans.

Not one of those things is true...

Pretty funny post indeed...

 

[Wiseacre]

They saying it already: "We didn't spend enough money on the stimulus! Never mind what we told you then, we're telling you now that we need another couple trillion more in spending."

 

[SFC Ollie]

The Hell they do.....................

 

[uscitizen]

These son of a bitches need to be publicly hanged after the stock market crashes again soon.
This is beyond insanity. The markets are just a stones throw from reaching all time highs - it is BETTER today than prior to the crash (average).
This is a total fabrication.
Ist quarter industry reports are coming out - and despite whatever the OP read - most of the news is not good. (unless you sell gas or invest in the stock market)
Housing prices have fallen 5 straight months.
Food prices - all time high
Gas prices - all time high
Jobless claims - up
Government dependency programs - highest since the depression.
Business mergers/closures/aquisitions are insane right now.

And yet..the "Teflon Dow" parade continues.

Have NO FEAR.

Corrections will be made.

Yep it appears so.

Isn't this global economy just great?

 

[Toro]

This is why people shouldn't use the stock market for partisan purposes.

 

[Mr.Nick]

I remember a few years ago when people like me were warning that the subprime thing would explode in our faces if it was not curtailed.

The right would heap scorn and then point to the dows high level.

Why are they not seeing it that way anymore?

That was the left that was pointing to the market claiming everything would be fine.

The democrats not only manufactured the sub-prime crisis with their forced CRA loans but George Bush tried to push regulations that would counter act them, and of course progressive assholes like Barney Frank insisted to the very end (the collapse) that there was no problem at all.

Oh and the kicker is this whole thing started because Al Sharpton was running around claiming banks were racist because black welfare fucks didn't qualify for home loans in 1992. So what was Bill Clintons response the second he got into office? force the banks to lend to welfare fucks, and the republican congress went along with it because they didn't want to look like a bunch of "racists."