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Dow over 17,000. thank you again President Obama. [W:1017, 2344]

Vern

Vern

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Holy cow. the greatest bull market in history continues on. I have to admit, even I’m a bit shocked. I knew President Obama’s economic policies were good but I didn’t know they were this good. I guess I could give republicans some credit because their constant lies about President Obama and the economy probably made him more determined.

Remember the laughable republican predictions of “hyperinflation, dollar collapse, market to zero, dogs and cats living together” if we didn’t cut spending immediately after (and only after) 1/20/2009? Who but a few delusional cons could argue that if we listened to republicans, we would officially be a third world country. Again, thank President Obama.
 
Re: Dow over 17,000. thank you again President Obama.

Vern said:
Holy cow. the greatest bull market in history continues on. I have to admit, even I’m a bit shocked. I knew President Obama’s economic policies were good but I didn’t know they were this good. I guess I could give republicans some credit because their constant lies about President Obama and the economy probably made him more determined.

Remember the laughable republican predictions of “hyperinflation, dollar collapse, market to zero, dogs and cats living together” if we didn’t cut spending immediately after (and only after) 1/20/2009? Who but a few delusional cons could argue that if we listened to republicans, we would officially be a third world country. Again, thank President Obama.
Click to expand...

Yes credit goes to Obama for making the 1% even richer, and depressing and oppressing the poor even further! Well done!
 
Re: Dow over 17,000. thank you again President Obama.

Vern said:
Holy cow. the greatest bull market in history continues on. I have to admit, even I’m a bit shocked. I knew President Obama’s economic policies were good but I didn’t know they were this good. I guess I could give republicans some credit because their constant lies about President Obama and the economy probably made him more determined.

Remember the laughable republican predictions of “hyperinflation, dollar collapse, market to zero, dogs and cats living together” if we didn’t cut spending immediately after (and only after) 1/20/2009? Who but a few delusional cons could argue that if we listened to republicans, we would officially be a third world country. Again, thank President Obama.
Click to expand...

Could you be specific as to which economic policies led to this??
 
Re: Dow over 17,000. thank you again President Obama.

Vern said:
Holy cow. the greatest bull market in history continues on. I have to admit, even I’m a bit shocked. I knew President Obama’s economic policies were good but I didn’t know they were this good. I guess I could give republicans some credit because their constant lies about President Obama and the economy probably made him more determined.

Remember the laughable republican predictions of “hyperinflation, dollar collapse, market to zero, dogs and cats living together” if we didn’t cut spending immediately after (and only after) 1/20/2009? Who but a few delusional cons could argue that if we listened to republicans, we would officially be a third world country. Again, thank President Obama.
Click to expand...


:lol: :lol:
 
Re: Dow over 17,000. thank you again President Obama.

yes--just imagine the glee coming from the GOP camp if Romney were President--
and the same glee over one good jobs report after another--
and the GOP blaming the previous President Obama for any and all problems etch-a-sketch can't handle -
 
Re: Dow over 17,000. thank you again President Obama.

Ockham said:
Yes credit goes to Obama for making the 1% even richer, and depressing and oppressing the poor even further! Well done!
Click to expand...

spoken as a true OWS liberal
 
Re: Dow over 17,000. thank you again President Obama.

faithful_servant said:
Could you be specific as to which economic policies led to this??
Click to expand...

There hasn't been. it has been the pure might of the american economy. if you look at the GDP it isn't all that great to view.
stock prices are up because companies have found the sweet spot.

wokers can meet the demand and at the same time they don't need to expand. they have reduced costs to the sweet spot and are now making pure profit.
which is bad in general expansion means jobs and so far the jobs reports haven't been that good and gdp growth is still abysmal.
 
Re: Dow over 17,000. thank you again President Obama.

NIMBY said:
spoken as a true OWS liberal
Click to expand...

Oh no... I'm a 100% dyed in the wool capitalist. Obama doesn't get my kudos often but in this case, he's done better than any neo-con using war to stimulate the economy.
 
Re: Dow over 17,000. thank you again President Obama.

faithful_servant said:
Could you be specific as to which economic policies led to this??
Click to expand...

Reducing the massive deficits he inherited prudently while maintaining positive GDP. The stimulus, auto bailout, cash for clunkers, and health care reform come to mind. and we cant underestimate the effects of not letting the US default on its debt. geez, how did cons sit there obediently when their party was twice threatening to destroy the economy? oh yea, they’re cons.
 
Re: Dow over 17,000. thank you again President Obama.

NIMBY said:
spoken as a true OWS liberal
Click to expand...

I found his reply odd also. I mean if President Obama really furthered the republican agenda of making the rich richer and the poor poorer, why do they hate on him so much instead of praising him. Oh yea I forgot, he’s black.
 
Re: Dow over 17,000. thank you again President Obama.

I'm no 1%'er but my meager life savings has not only recovered from the GOP gypsies in the palace, but it is flourishing! It looks like retirement in Florida in my little beach home may be possible after all. Unless, of course, the GOP get's their hands on it before I can withdraw without penalty.

C'mon people. Just 4 1/2 more years. You can vote in all the republicans you want after that. I don't care. Just keep them away from the treasure chest just 4 1/2 more years. I beg you.
 
Re: Dow over 17,000. thank you again President Obama.

*sigh*

Another one dimensional celebratory thread from the OPs author.

He see's a number and instantly equates it to a Obama victory without the lest bit of effort to offer up a comprehensive explanation of whats REALLY happening.

QEs driving up Stock prices and pushing people out of fixed yields and into the equities markets and its left us with a Market thats more disconnected from our economy than ever before.

Massive amounts of money moving around benefiting the super rich and deiving up prices when per capita income levels in this Country still have not recovered to their pre-2007 levels.

Equating this market to our supposed economic recovery is foolish hackery so you have to ask yourself whats driving it ?

Corporate profits are being celebrated and attributed to the Market Climb when in fact much of these profits can attributed to their massive buy back of their own shares.

Those planning on cushy retirements need to do a bit of objective research and not count their chikens before they hatch.
 
Re: Dow over 17,000. thank you again President Obama.

Fenton said:
*sigh*

Another one dimensional celebratory thread from the OPs author.

He see's a number and instantly equates it to a Obama victory without the lest bit of effort to offer up a comprehensive explanation of whats REALLY happening.
Click to expand...

what happened to the days when the stock market was the only metric that ever mattered to cons? anyhoo, I mentioned his prudent deficit reduction while maintaining positve GDP. And dont underestimate the benefits of not letting cons default on the debt.

Equating this market to our supposed economic recovery is foolish hackery so you have to ask yourself whats driving it ?

Corporate profits are being celebrated and attributed to the Market Climb when in fact much of these profits can attributed to their massive buy back of their own shares.
Click to expand...

oh fenton, you are the gift that keeps on giving. can you elaborate on this "buyback/ponzi" scheme?

Those planning on cushy retirements need to do a bit of objective research and not count their chikens before they hatch.
Click to expand...

when I first read this I thought you were offering folksy advice. after rereading your "buyback/ponzi" scheme "narrative" I can only assume you have your retirement nestegg tide up in some sort of chicken enterprise. So for you fenton, yes, dont count your chickens before they hatch.
 
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Re: Dow over 17,000. thank you again President Obama.

NIMBY said:
yes--just imagine the glee coming from the GOP camp if Romney were President--
and the same glee over one good jobs report after another--
and the GOP blaming the previous President Obama for any and all problems etch-a-sketch can't handle -
Click to expand...

That's just it - if a Republican president had half the success Obama's had, the Republicans would be crowing about him being the second coming of Reagan. The sad thing is, most of them on some level know this...but they cannot allow themselves to give Obama the least amount of credit for anything. It's gone beyond politics - it's as if it were a matter of faith, of religious dogma: Thou Shalt Not Say Obama Has Done Anything Right At All, Ever!"
 
Re: Dow over 17,000. thank you again President Obama.

Vern said:
I found his reply odd also. I mean if President Obama really furthered the republican agenda of making the rich richer and the poor poorer, why do they hate on him so much instead of praising him. Oh yea I forgot, he’s black.
Click to expand...

If you can't debate, scream racist! Alinsky would be proud!
 
Re: Dow over 17,000. thank you again President Obama.

Vern said:
what happened to the days when the stock market was the only metric that ever mattered to cons? anyhoo, I mentioned his prudent deficit reduction while maintaining positve GDP. And dont underestimate the benefits of not letting cons default on the debt.



oh fenton, you are the gift that keeps on giving. can you elaborate on this "buyback/ponzi" scheme?



when I first read this I thought you were offering folksy advice. after rereading your "buyback/ponzi" scheme "narrative" I can only assume you have your retirement nestegg tide up in some sort of chicken enterprise. So for you fenton, yes, dont count your chickens before they hatch.
Click to expand...


Lol....

Another empty rebuttal VERN ?

Why don't you explain exactly how the Obama administration caused the Stock Market to climb up to 17 thousand instead of offering up a childish account based on partisanship ?

Go ahead, and be specific.
 
Re: Dow over 17,000. thank you again President Obama.

Glen Contrarian said:
That's just it - if a Republican president had half the success Obama's had, the Republicans would be crowing about him being the second coming of Reagan. The sad thing is, most of them on some level know this...but they cannot allow themselves to give Obama the least amount of credit for anything. It's gone beyond politics - it's as if it were a matter of faith, of religious dogma: Thou Shalt Not Say Obama Has Done Anything Right At All, Ever!"
Click to expand...

LOL !

What " Success " ?
 
Re: Dow over 17,000. thank you again President Obama.

Fenton said:
Lol....

Another empty rebuttal
childish account
based on partisanship ?
be specific
Click to expand...

oh fenton you are priceless. Its amazing for me to see you use those phrases to describe posts from someone not named Fenton. anyhoo, I’ve made clear and specific statements. You were trying to refute my posts but as is usually the case, your posts tend to refute themselves. for instance, can you please elaborate on this “buyback/ponzi” scheme that you’ve uncovered. Or give us details on ‘fenton’s chiken imporiem’

Happy retirement.
 
Re: Dow over 17,000. thank you again President Obama.

Vern said:
Holy cow. the greatest bull market in history continues on. I have to admit, even I’m a bit shocked. I knew President Obama’s economic policies were good but I didn’t know they were this good. I guess I could give republicans some credit because their constant lies about President Obama and the economy probably made him more determined.

Remember the laughable republican predictions of “hyperinflation, dollar collapse, market to zero, dogs and cats living together” if we didn’t cut spending immediately after (and only after) 1/20/2009? Who but a few delusional cons could argue that if we listened to republicans, we would officially be a third world country. Again, thank President Obama.
Click to expand...

The stock market is NOT the economy in general.
 
Re: Dow over 17,000. thank you again President Obama.

Vern said:
oh fenton you are priceless. Its amazing for me to see you use those phrases to describe posts from someone not named Fenton. anyhoo, I’ve made clear and specific statements. You were trying to refute my posts but as is usually the case, your posts tend to refute themselves. for instance, can you please elaborate on this “buyback/ponzi” scheme that you’ve uncovered. Or give us details on ‘fenton’s chiken imporiem’

Happy retirement.
Click to expand...


So you cant do it ?

You literally can't explain how the Obama administration caused the Market to reach 17000 ?

Then WHY did you start a thread VERN ?

There's a damn good reason why your Financial threads wind up in the Partisan section of the Forum.
 
Re: Dow over 17,000. thank you again President Obama.

Vern said:
Holy cow. the greatest bull market in history continues on. I have to admit, even I’m a bit shocked. I knew President Obama’s economic policies were good but I didn’t know they were this good. I guess I could give republicans some credit because their constant lies about President Obama and the economy probably made him more determined.

Remember the laughable republican predictions of “hyperinflation, dollar collapse, market to zero, dogs and cats living together” if we didn’t cut spending immediately after (and only after) 1/20/2009? Who but a few delusional cons could argue that if we listened to republicans, we would officially be a third world country. Again, thank President Obama.
Click to expand...
How can you say that with a strait face? Your love for Obama is showing...

it is lower than the historic curve would have it. it would be normal at closer to 20,000.

The greatest bull market in history statement is laughable. Maybe since you were born...

Dow Jones Industrial Average (1900 - Present Monthly) - Charting Tools - StockCharts.com

The growth rate for 3/6/09 to 7/14/14 is 19.308% APR (Obama 1,956)

The growth rate for 11/18/94 to 1/14/2000 is 24.308% APR (Clinton 1,883 days) less days higher APR

The growth rate for 2/5/88 to 1/14/2000 is 16.195% APR (Reagan, Bush (41), and Clinton 4,361 days) How do you beat that for length of time?
 
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Re: Dow over 17,000. thank you again President Obama.

Glen Contrarian said:
That's just it - if a Republican president had half the success Obama's had, the Republicans would be crowing about him being the second coming of Reagan. The sad thing is, most of them on some level know this...but they cannot allow themselves to give Obama the least amount of credit for anything. It's gone beyond politics - it's as if it were a matter of faith, of religious dogma: Thou Shalt Not Say Obama Has Done Anything Right At All, Ever!"
Click to expand...
Well, consider this. The growth rate vs. who controlled the house, where bills originate at...
 
Re: Dow over 17,000. thank you again President Obama.

Good market day today, and gold is tanking, severely, down 2.25%. I love hearing the hyperactive paid radio shows by the gold hawkers...they sell fear, but lately, they have been losing their shorts, and they are all the more hilarious now.

I gotta set up my corporate 401(k), I've been putting $ into my rollover, but I finally have an employer that can afford to make matching contributions.
 
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