America's #1 Online Cigar Auction
first, best, biggest!

Last post 11 years ago by chemyst. 66 replies replies.
2 Pages12>
Stocks soar 85% in Obama's first term
Brewha Offline
#1 Posted:
Joined: 01-25-2010
Posts: 12,202
You just can't argue with success.

http://www.usatoday.com/story/money/markets/2013/01/19/stocks-rise-sharply-obamas-first-term/1843067/
Abrignac Offline
#2 Posted:
Joined: 02-24-2012
Posts: 17,376
Brewha wrote:
You just can't argue with success.

http://www.usatoday.com/story/money/markets/2013/01/19/stocks-rise-sharply-obamas-first-term/1843067/


It should have, look how much public $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ was given away to Wall Street. Seems the tile of the article failed to mention the corresponding rise in the national debt. This was nothing but a measurement of the transfer of wealth in his first term.
ZRX1200 Offline
#3 Posted:
Joined: 07-08-2007
Posts: 60,673
Build that tower on a worthless USD.

= Meaningless.



What about "away from Wall street and down to Main street"?
victor809 Offline
#4 Posted:
Joined: 10-14-2011
Posts: 23,866
Brewha wrote:
You just can't argue with success.

Have you never posted on this forum before?
Brewha Offline
#5 Posted:
Joined: 01-25-2010
Posts: 12,202
Whatever else can be said about his administration, I've got to believe that only those blinded by their political views would not call this good news.
Ya'll may not like the Dems, but it looks like the stock market does . . . .
Abrignac Offline
#6 Posted:
Joined: 02-24-2012
Posts: 17,376
Brewha wrote:
Whatever else can be said about his administration, I've got to believe that only those blinded by their political views would not call this good news.
Ya'll may not like the Dems, but it looks like the stock market does . . . .



You lurked for an hour after you made the OP and that's the best you can come up with????

Think
victor809 Offline
#7 Posted:
Joined: 10-14-2011
Posts: 23,866
Abrignac wrote:
You lurked for an hour after you made the OP and that's the best you can come up with????

Think


You sat and watched how long he lurked?
Abrignac Offline
#8 Posted:
Joined: 02-24-2012
Posts: 17,376
victor809 wrote:
You sat and watched how long he lurked?


Nope, you PM'd me and said so. I took your word.
Brewha Offline
#9 Posted:
Joined: 01-25-2010
Posts: 12,202
When a man sits waiting "just a few more minutes" for his wife to get ready, lurking is acceptable.

I'm waiting for Fox News to run a story on this explaining how it is proof that Obama is destroying the nation - again.
ZRX1200 Offline
#10 Posted:
Joined: 07-08-2007
Posts: 60,673
The "market" likes whoever is in office.

You don't have to dislike dems to see that.
DrMaddVibe Offline
#11 Posted:
Joined: 10-21-2000
Posts: 55,591
Meh...and when the market gets it's more than 20% correction what will they say?


Wait for it....




















































Wait till you see the whites of their eyes....













































Hold the line....







































WAIT............
















































Ready?


















































BAILOUT!!!!






























Angel
Brewha Offline
#12 Posted:
Joined: 01-25-2010
Posts: 12,202
ZRX1200 wrote:
The "market" likes whoever is in office.

You don't have to dislike dems to see that.

Have a look at the graph in the article Z.
"W" gutted the market like a mackerel. Not only did the market not like him, it called him names and said he had a small Johnson.
DrMaddVibe Offline
#13 Posted:
Joined: 10-21-2000
Posts: 55,591
Brewha wrote:
Have a look at the graph in the article Z.
"W" gutted the market like a mackerel. Not only did the market not like him, it called him names and said he had a small Johnson.



Why that crafty ol' W.

Singlehanded too no doubt?


Yeah.






Just think...some called him a dummy. Crafty like a fox! Bombing levies...creating 911...savaging Wall Street...creating wars...free oil...yeah.

Just wow.
victor809 Offline
#14 Posted:
Joined: 10-14-2011
Posts: 23,866
Abrignac wrote:
Nope, you PM'd me and said so. I took your word.

Yet you don't believe me when I tell you I'm a lawyer representing a rich Nigerian prince who just needs your SSN so he can give you some of his money?

I call shenanigans.
Brewha Offline
#15 Posted:
Joined: 01-25-2010
Posts: 12,202
W also narked on Powell for putting everclear in the punch.
drywalldog Offline
#16 Posted:
Joined: 06-19-2007
Posts: 5,536
Brewha, you are wastin your voice on people who wont give this president for credit anything, most of whom cast votes that dont count.
bloody spaniard Offline
#17 Posted:
Joined: 03-14-2003
Posts: 43,802
^ Hey, I resemble that! Gonz
Actually, I voted for Romney but I won't be voting ever again if that's any consolation.

Yes, the S&P's 500-stock index has risen 85% since Obama was inaugurated on Jan. 20, 2009 per the S&P Capital IQ & employment seems on the rise (debateable however if you consider the number of seasonal/temporary jobs counted and folks who have given up and are no longer counted, but for argument's sake let's say employment IS increasing).

Problem is, previous recessions have also enjoyed temporarily increasing employment numbers. The other factors in the Obama recession which began last July (conservatively estimated because the Bush recession of 2007 never really ended IMHO) is the ever dropping industrial production, personal income, and overall sales numbers. These are 3 of the 4 barometers in measuring a recession- the 4th being employment of course.

Interesting how all this comes to light on the cusp of Obama's re-election.
Btw, I believe Europe's recession was officially proclaimed last January.
snowwolf777 Offline
#18 Posted:
Joined: 06-03-2000
Posts: 4,082
Yes, no doubt this is the finest economy I've seen in my 53 years on the planet. How can you argue with sustained, long-term unemployment at 8%, all-time high gas prices, sky-rocketing food prices, record numbers of people going on SSDI, record numbers of people going on food stamps and cash assistance cards, a fresh round of tax hikes, unsustainable borrowing and debt, zero willingness by either side to cut even a penny of entitlement spending .... yes it's a real humdinger. Can't argue with that.

At least we're finally into the period where a few on here are willing to stop whining about "W" and start admitting he's been out of office for 4 years and isn't running for re-election.horse
chemyst Offline
#19 Posted:
Joined: 05-29-2006
Posts: 1,674
And don't forget the zero interest rates my
retired friends get on their CDs. Can't beat
extra income like that!

Thanks, CinC Obammy!
dubleuhb Offline
#20 Posted:
Joined: 03-20-2011
Posts: 11,350
drywalldog wrote:
Brewha, you are wastin your voice on people who wont give this president for credit anything, most of whom cast votes that dont count.

Kinda hard to give credit to someone who claims anything negative is not of his making but wants to step up when he thinks he can score a PR win.

A leader is able to take the good with the bad, to bad your boy is a one way street.
ZRX1200 Offline
#21 Posted:
Joined: 07-08-2007
Posts: 60,673
GM bondholders got a fair shake.
dpnewell Offline
#22 Posted:
Joined: 03-16-2009
Posts: 7,491
So, the Wall Street Fat Cats are doing well under your boy. Wish the rest of us were.

I guess all those folks in the unemployment, welfare and food stamp lines can rejoice over the value of their stocks. Oh, wait a minute, thy don’t own any, do they? Silly me.
Brewha Offline
#23 Posted:
Joined: 01-25-2010
Posts: 12,202
drywalldog wrote:
Brewha, you are wastin your voice on people who wont give this president for credit anything, most of whom cast votes that dont count.

But you've gotta love the endless sour grapes as things start to turn around. My favorite is that he hasen't fully paid for the wars Bush got us into yet.
Guess you just have to keep tuned to Fox News so that you know what to boil angst about next.

All I hear from the right is help big business and we will all do well. But when Obama get the market rolling, well, he just anin't helpin' the common man . . . .
dpnewell Offline
#24 Posted:
Joined: 03-16-2009
Posts: 7,491
Brewha wrote:
But you've gotta love the endless sour grapes as things start to turn around. My favorite is that he hasen't fully paid for the wars Bush got us into yet.
Guess you just have to keep tuned to Fox News so that you know what to boil angst about next.

All I hear from the right is help big business and we will all do well. But when Obama get the market rolling, well, he just anin't helpin' the common man . . . .


Ha, ha, ha, ha, Ha, ha, ha, ha! Obama got the markets rolling? He has done everything in his power to destroy wealth, to destroy investments, to punish business, and despite all that, the markets are up in defiance of his polices. Yet you and the talking heads think it's Obama's doing. I'm laughing so hard, I’m ready to split a gut.
borndead1 Offline
#25 Posted:
Joined: 11-07-2006
Posts: 5,216
Brewha wrote:
Ya'll may not like the Dems, but it looks like the stock market does . . . .


Yes, the uber rich love the Dems. Because Dem policies benefit the uber rich, while at the same time suckering poor people into thinking they are the ones who benefit. There's a reason why 8 of the 10 richest counties in the U.S. voted for Obama. The Dem mantras of "making the rich pay their fair share" and "strengthening the middle class" are a bunch of BS, and the uber rich and the Dems know it. It seems the only ones who can't see it are the poor schlubs who keep voting Dem.
mikey1597 Offline
#26 Posted:
Joined: 05-18-2007
Posts: 14,162
Brewha wrote:
But you've gotta love the endless sour grapes as things start to turn around. My favorite is that he hasen't fully paid for the wars Bush got us into yet.
Guess you just have to keep tuned to Fox News so that you know what to boil angst about next.

All I hear from the right is help big business and we will all do well. But when Obama get the market rolling, well, he just anin't helpin' the common man . . . .




Are you trying to tell me George flew those planes into the WTC?


I usually don't get into the political discussion but this one sets me off!

Don't Tread On Me MF!!!!!!!!!!!!!!!!!!!!
bloody spaniard Offline
#27 Posted:
Joined: 03-14-2003
Posts: 43,802
Brewha wrote:
But you've gotta love the endless sour grapes as things start to turn around...
All I hear from the right is help big business and we will all do well. But when Obama get the market rolling, well, he just anin't helpin' the common man . . . .




Uh huh, you go girl! Now tell 'em about how 1 in 13 working Americans is on disability! Must be a flu pandemic! Oh yeah, preach on, big sistah! Testify!
(in my best Honey Booboo which I know dkeage hates)

Sarcasm
Brewha Offline
#28 Posted:
Joined: 01-25-2010
Posts: 12,202
dpnewell wrote:
Ha, ha, ha, ha, Ha, ha, ha, ha! Obama got the markets rolling? He has done everything in his power to destroy wealth, to destroy investments, to punish business, and despite all that, the markets are up in defiance of his polices. Yet you and the talking heads think it's Obama's doing. I'm laughing so hard, I’m ready to split a gut.

I'm picturing an endless, rolling, maniacal laughter. An insane laughter.
A laughter bereft of sence or reason.


. . . . Nurse!
bloody spaniard Offline
#29 Posted:
Joined: 03-14-2003
Posts: 43,802
Brewha wrote:
I'm picturing an endless, rolling, maniacal laughter. An insane laughter.
A laughter bereft of sence or reason.

. . . . Nurse!


LOL!!
I see the next James Bond villain as he strokes Fufu.
HAHAHAHAHAHA, No, Mr. Brewha, now you will die!Drool
Brewha Offline
#30 Posted:
Joined: 01-25-2010
Posts: 12,202
borndead1 wrote:
Yes, the uber rich love the Dems. Because Dem policies benefit the uber rich, while at the same time suckering poor people into thinking they are the ones who benefit. There's a reason why 8 of the 10 richest counties in the U.S. voted for Obama. The Dem mantras of "making the rich pay their fair share" and "strengthening the middle class" are a bunch of BS, and the uber rich and the Dems know it. It seems the only ones who can't see it are the poor schlubs who keep voting Dem.

So poor states like Mississippi and Alabama vote red because the Repulicans help the poor?


Say, if I put "The policies of the Democrates benefit the rich" on a T-shirt, would you buy it?
Brewha Offline
#31 Posted:
Joined: 01-25-2010
Posts: 12,202
bloody spaniard wrote:
LOL!!
I see the next James Bond villain as he strokes Fufu.
HAHAHAHAHAHA, No, Mr. Brewha, now you will die!Drool

DP as Dr. Evil.
Or Mini Me . . . .
Brewha Offline
#32 Posted:
Joined: 01-25-2010
Posts: 12,202
mikey1597 wrote:
Are you trying to tell me George flew those planes into the WTC?


I usually don't get into the political discussion but this one sets me off!

Don't Tread On Me MF!!!!!!!!!!!!!!!!!!!!


The destruction of the three WTC buildings was not the cause of us going into Iraq.


Does MF stand for Mon Frere?
Yeah, your my brother too.
Abrignac Offline
#33 Posted:
Joined: 02-24-2012
Posts: 17,376
Brewha I get that you're a Dem. To each his own. But, what I don't get is the refusal to acknowledge the obvious. Sure the the market is up, but on the other side look how much public money has been given to Wall Street.

Do you really believe that absent the TARP bailout, the GM bailout, etc the market would be so high. And tell me how those dollars have benefited the average guy any more that "Bush's" two wars did.

Let's put this into perspective. Whether one agrees with the wars or not, all that defense spending created jobs. Sure a large amount of money found its way in to wealthy hands, but so has TARP and GM dollars. What's the difference?



Oh and now for the disclaimer: I think all politicians should be term limited. Way to many people go to Washington to live VERY comfortably on the public dole. In addition, political parties are as bad as stage five cancer and should be done away with.
Abrignac Offline
#34 Posted:
Joined: 02-24-2012
Posts: 17,376
drywalldog wrote:
Brewha, you are wastin your voice on people who wont give this president for credit anything, most of whom cast votes that dont count.



I fully give the Dems credit for creating a culture of entitlement. At some point we will all live on the public dole, but I wonder who will pay the bill.
Brewha Offline
#35 Posted:
Joined: 01-25-2010
Posts: 12,202
Abrignac wrote:
Brewha I get that you're a Dem. To each his own. But, what I don't get is the refusal to acknowledge the obvious. Sure the the market is up, but on the other side look how much public money has been given to Wall Street.

Do you really believe that absent the TARP bailout, the GM bailout, etc the market would be so high. And tell me how those dollars have benefited the average guy any more that "Bush's" two wars did.

Let's put this into perspective. Whether one agrees with the wars or not, all that defense spending created jobs. Sure a large amount of money found its way in to wealthy hands, but so has TARP and GM dollars. What's the difference?



Oh and now for the disclaimer: I think all politicians should be term limited. Way to many people go to Washington to live VERY comfortably on the public dole. In addition, political parties are as bad as stage five cancer and should be done away with.

Actually, I would not argue the points that you have made above. But consider the venue; Cbid is the land of cigar chewing, hard core, conservatives who often have trouble giving credit where it is due. So forgive me if as one of the relatively few liberals I want to gloat over the simple facts about the market.

Now about the 'entitlements', why do conservatives always take the tact that entitlements are for the lazy to take from the system? Don't you think the majority of people on entitlements are entitled to them?
Abrignac Offline
#36 Posted:
Joined: 02-24-2012
Posts: 17,376
Brewha wrote:

Now about the 'entitlements', why do conservatives always take the tact that entitlements are for the lazy to take from the system? Don't you think the majority of people on entitlements are entitled to them?


NO!!!!

What started out as temporary fixes have become longtime solutions. In my line of work, on the public dole if you will, I come across people everyday who take advantage of the system. To them, it has become a source of expected income.

Seventy-three weeks of un-employment benefits??? Or, if you live in New York eighty-three weeks??? Nothing like telling someone they can collect free $$$ for a year and a half. I don't know what the un-employment rate is where I live, but I suspect it's hovering between 5-9%, yet in Sunday's paper there were at least 12 pages of help wanted ads.

http://blogs.wsj.com/economics/2012/11/25/how-long-can-you-collect-unemployment-benefits/

I could go on, but its not really necessary.

The REAL problem is the us against them mentality that we as a nation have come to be. We can thank the Republican and Democratic parties for that. With their cookie cutter platform planks, we are thrown on one side or another. I'm in no way supportive of abortion, but I don't feel it's my place to tell another person what to do with their body. That puts me at odds with both parties. I'm not in favor of government giveaways. Again, on one hand we have un-employment benefits and on the other farm subsidies. That leaves me on the outside looking in.

Then we have the hypocrisy. On one hand, we have trade unions cursing the very businesses who sign contracts so the members of those unions can earn a pay check. We have über rich calling for higher taxes, yet they shield most if not all of their wealth from the very taxes they champion. I wonder how big a tax bite John and Melinda Kerry's estate will pay? Not much im sure. Walk into any tax planning accounting firm and ask them to show you the room where they kep the tax avoidance manuals for he working class. It doesn't exist. But, the library where plans or the rich would rival some school libraries.

When was the last time a politician came to your house for dinner. Do they come as often as they go to parties hosted by the very people trying to get legislation passed hat will benefit their clients? Prolly not.
Brewha Offline
#37 Posted:
Joined: 01-25-2010
Posts: 12,202
Abrignac wrote:
NO!!!!

What started out as temporary fixes have become longtime solutions. In my line of work, on the public dole if you will, I come across people everyday who take advantage of the system. To them, it has become a source of expected income.

Seventy-three weeks of un-employment benefits??? Or, if you live in New York eighty-three weeks??? Nothing like telling someone they can collect free $$$ for a year and a half. I don't know what the un-employment rate is where I live, but I suspect it's hovering between 5-9%, yet in Sunday's paper there were at least 12 pages of help wanted ads.

http://blogs.wsj.com/economics/2012/11/25/how-long-can-you-collect-unemployment-benefits/

I could go on, but its not really necessary.

The REAL problem is the us against them mentality that we as a nation have come to be. We can thank the Republican and Democratic parties for that. With their cookie cutter platform planks, we are thrown on one side or another. I'm in no way supportive of abortion, but I don't feel it's my place to tell another person what to do with their body. That puts me at odds with both parties. I'm not in favor of government giveaways. Again, on one hand we have un-employment benefits and on the other farm subsidies. That leaves me on the outside looking in.

Then we have the hypocrisy. On one hand, we have trade unions cursing the very businesses who sign contracts so the members of those unions can earn a pay check. We have über rich calling for higher taxes, yet they shield most if not all of their wealth from the very taxes they champion. I wonder how big a tax bite John and Melinda Kerry's estate will pay? Not much im sure. Walk into any tax planning accounting firm and ask them to show you the room where they kep the tax avoidance manuals for he working class. It doesn't exist. But, the library where plans or the rich would rival some school libraries.

When was the last time a politician came to your house for dinner. Do they come as often as they go to parties hosted by the very people trying to get legislation passed hat will benefit their clients? Prolly not.

Having worked man and boy sence 1976 with scarcely any time not fully employed, and zero time collecting benefits for not being employed, if I turn up out of work I fully am entitled to every bit of the 'dole' that I have earned and that my past employer would have to share in funding.

I don't care what it is, there is always a line of people trying to take inappropriate advantage of it. The need is for better oversite and regulation, not kicking good people to the curb when things don't go their way. We have a duty to take care of each other dispite the feas in society.

'Entitelments' go to the elderly, the disabled, veterans, the unwillfully unemployed, children who have lost their parents, and so on. And most all are 'entitled'.

With the government largely in the pocket of the wealthy, their business given corporate welfare and even the churches getting a tax free ride, I'm not incline to take too much issue with a few who grab a few too may coins when they legally qualify.
dpnewell Offline
#38 Posted:
Joined: 03-16-2009
Posts: 7,491
Brewha wrote:
I'm picturing an endless, rolling, maniacal laughter. An insane laughter.
A laughter bereft of sence or reason.


. . . . Nurse!


I wouldn't laugh so hard if you wouldn't post so many jokes.
Brewha Offline
#39 Posted:
Joined: 01-25-2010
Posts: 12,202
dpnewell wrote:
I wouldn't laugh so hard if you wouldn't post so many jokes.

Thank you Mr. Newell. It means so much to have some one admire my work.

You should know that I have spent many a moment with a deep smile on my face, and even a belly laugh or two reading your tongue in cheek humor. You remind me of Steven Colbert. Good stuff.
wheelrite Offline
#40 Posted:
Joined: 11-01-2006
Posts: 50,119
Um, the reason why the Markets went up was all the Institutional Trading,,

They get virtually free money from the Fed...
Therefore they don't do commercial lending or Mortagages,,,

It's all a shell game and means nothing to the Economy..
But that's all we have left. We manufacture nothing,,,,
borndead1 Offline
#41 Posted:
Joined: 11-07-2006
Posts: 5,216
wheelrite wrote:
Um, the reason why the Markets went up was all the Institutional Trading,,

They get virtually free money from the Fed...
Therefore they don't do commercial lending or Mortagages,,,

It's all a shell game and means nothing to the Economy..
But that's all we have left. We manufacture nothing,,,,




Give that man a cigar!
Brewha Offline
#42 Posted:
Joined: 01-25-2010
Posts: 12,202
wheelrite wrote:
Um, the reason why the Markets went up was all the Institutional Trading,,

They get virtually free money from the Fed...
Therefore they don't do commercial lending or Mortagages,,,

It's all a shell game and means nothing to the Economy..
But that's all we have left. We manufacture nothing,,,,

And the market dropped under W because?


(I just want to here it)
wheelrite Offline
#43 Posted:
Joined: 11-01-2006
Posts: 50,119
borndead1 wrote:
Give that man a cigar!


ok !
send me one !Herfing
wheelrite Offline
#44 Posted:
Joined: 11-01-2006
Posts: 50,119
Brewha wrote:
And the market dropped under W because?


(I just want to here it)


Really ?

The Mortgage Derivate scam...
The Big Banks finally sold them to the last man standing..
And, the jig was up...

Thank you Barney Frank, Janet Reno and Bill Clinton and The Community Reinvestment Act,,!!
Brewha Offline
#45 Posted:
Joined: 01-25-2010
Posts: 12,202
wheelrite wrote:
Really ?

The Mortgage Derivate scam...
The Big Banks finally sold them to the last man standing..
And, the jig was up...

Thank you Barney Frank, Janet Reno and Bill Clinton and The Community Reinvestment Act,,!!

Egypt .

The Nile is in Egypt . . .
HockeyDad Offline
#46 Posted:
Joined: 09-20-2000
Posts: 46,199
Brewha wrote:
Egypt .

The Nile is in Egypt . . .



The correct answer he was looking for was "What is the Republicans' fault, Alex". Here are some nice parting gifts.
Brewha Offline
#47 Posted:
Joined: 01-25-2010
Posts: 12,202
HockeyDad wrote:
The correct answer he was looking for was "What is the Republicans' fault, Alex". Here are some nice parting gifts.

So the market soars under Obama and tanks under Bush. And we conclude that the leadership really didn’t have any important effect? Yes, this is Cbid.
But the ongoing unemployment is Obama’s fault right?
And W didn’t get us into a war,
And the republicans care about the common man,
And a smaller government would save us all . . . . .
HockeyDad Offline
#48 Posted:
Joined: 09-20-2000
Posts: 46,199
What is this "ongoing unemployment" you speak of? We are experiencing one of the greatest economic booms ever under President Obama.
Brewha Offline
#49 Posted:
Joined: 01-25-2010
Posts: 12,202
Arguing with HD is like wrestling with a pig in the mud.
After a while, it dawns on you that the pig enjoys it . . . .
stogiefan Offline
#50 Posted:
Joined: 10-23-2012
Posts: 80
Brewha wrote:
So the market soars under Obama and tanks under Bush. And we conclude that the leadership really didn’t have any important effect? Yes, this is Cbid.
But the ongoing unemployment is Obama’s fault right?
And W didn’t get us into a war,
And the republicans care about the common man,
And a smaller government would save us all . . . . .


Much of the Bush years the economy was fine. It wasn't until late in his 2nd term that the collapse happened. The collapse had nothing to do with tax cuts or economic policy but a combination of loose monetary policy and artificially low interest rates by the Fed along with the housing bubble brought on by the Community Reinvestment Act and the guaranteeing of bad loans by Fannie and Freddie. Correlation is not causation.

Do you really think either party cares about the common man? The Democrats only favor entitlements to consolidate their power by making the public more reliant on government services. Its not because they altruistically care, they just want to create a permanent voting base by offering free goodies at the expense of the "wealthy". Its a sick joke is what it is. Smaller government might not save us all but it will make ensure more individual liberty and accountabilty and I would rather have to rely on myself than count on the government to do what is in my best interest.
Users browsing this topic
Guest
2 Pages12>