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Thread: Dow Jones Industrial Average Jumps 308 Points After Fiscal Cliff Deal

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    Dow Jones Industrial Average Jumps 308 Points After Fiscal Cliff Deal

    Nothing like the stock market to clarify what people really think about economic policy. The tax increase on the wealthy, along with continued lower taxes on working Americans resulted in a huge 300 point gain today.

    Meanwhile conservatism and its debt and anti-tax fetishes seem increasingly irrelevant to US politics.

    Get all the good news here:

    Dow Jones Industrial Average Jumps 308 Points After Fiscal Cliff Deal
    Last edited by Redress; 01-02-13 at 11:13 PM. Reason: Title changed to match source title per BN guidelines

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by head of joaquin View Post
    Nothing like the stock market to clarify what people really think about economic policy. The tax increase on the wealthy, along with continued lower taxes on working Americans resulted in a huge 300 point gain today.

    Meanwhile conservatism and its debt and anti-tax fetishes seem increasingly irrelevant to US politics.

    Get all the good news here:

    Dow Jones Industrial Average Jumps 308 Points After Fiscal Cliff Deal
    that's just silly

    it was avoidance of the fiscal cliff that caused that

    if the agreement had not had those silly tax hikes, the market response would have been as strong or stronger

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by TurtleDude View Post
    that's just silly

    it was avoidance of the fiscal cliff that caused that

    if the agreement had not had those silly tax hikes, the market response would have been as strong or stronger
    Avoidance = tax hike on the rich, no drastic cuts in expenditures.

    Exactly what the GOP didn't want.

    Sorry, even the markets are voting against you losers and your moribund ideology.

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by head of joaquin View Post
    Nothing like the stock market to clarify what people really think about economic policy. The tax increase on the wealthy, along with continued lower taxes on working Americans resulted in a huge 300 point gain today.

    Meanwhile conservatism and its debt and anti-tax fetishes seem increasingly irrelevant to US politics.

    Get all the good news here:

    Dow Jones Industrial Average Jumps 308 Points After Fiscal Cliff Deal
    Or maybe the markets were worried that a deal wouldn't have been reached which could have thrown the US back into recession. (The Fiscal Cliff: Absolutely everything you could possibly need to know, in one FAQ)

    Why would Wall Street wants more taxes on the rich when many people on Wall St would be the very ones to pay those taxes?
    "And in the end, we were all just humans, drunk on the idea that love, only love, could heal our brokenness."

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by TurtleDude View Post
    if the agreement had not had those silly tax hikes, the market response would have been as strong or stronger
    Must have hurt pulling that crystal ball from your ass to get that prediction. Fact is market is doing well despite that right-wingers were hoping for a horrible market just for spite.

    i don't like the deal but just like the election, it's proven not to be the doom and gloom some righties hoped for.

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by head of joaquin View Post
    Avoidance = tax hike on the rich, no drastic cuts in expenditures.

    Exactly what the GOP didn't want.

    Sorry, even the markets are voting against you losers and your moribund ideology.
    I cannot help it if you choose to ignore reality

    its the deal the market liked because it avoided the fiscal cliff

    not the terms of the deal

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by Mr. Invisible View Post
    Or maybe the markets were worried that a deal wouldn't have been reached which could have thrown the US back into recession. (The Fiscal Cliff: Absolutely everything you could possibly need to know, in one FAQ)

    Why would Wall Street wants more taxes on the rich when many people on Wall St would be the very ones to pay those taxes?
    Even Wall Street realizes that the rich need to pay more and that the tea party's insane plan to cut expenditures would hurt the economy.

    How do we know that: THE DOW WENT UP 300 POINTS BECAUSE OF OBAMA'S VICTORY OVER THE GOP ON THE FISCAL CLIFF.

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by TheNextEra View Post
    Must have hurt pulling that crystal ball from your ass to get that prediction. Fact is market is doing well despite that right-wingers were hoping for a horrible market just for spite.

    i don't like the deal but just like the election, it's proven not to be the doom and gloom some righties hoped for.
    more head in the sand action on your part.

    the tax hikes had no real role in why the markets reacted as they did

    it was the deal. and most of your post is just plain stupid as well as oozing the class envy your posts tend to contain

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by head of joaquin View Post
    Even Wall Street realizes that the rich need to pay more and that the tea party's insane plan to cut expenditures would hurt the economy.

    How do we know that: THE DOW WENT UP 300 POINTS BECAUSE OF OBAMA'S VICTORY OVER THE GOP ON THE FISCAL CLIFF.

    more silly nonsense on your part-you don't seem to be able to understand that while the stupid tax hikes might have allowed the deal to HAPPEN its not the tax hikes that caused the market to react the way it did

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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by head of joaquin View Post
    Even Wall Street realizes that the rich need to pay more and that the tea party's insane plan to cut expenditures would hurt the economy.

    How do we know that: THE DOW WENT UP 300 POINTS BECAUSE OF OBAMA'S VICTORY OVER THE GOP ON THE FISCAL CLIFF.
    Wanna answer my question: Why would Wall Street want more taxes on the rich when many people on Wall St would be the very ones to pay those taxes?
    "And in the end, we were all just humans, drunk on the idea that love, only love, could heal our brokenness."

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