NY STOCK EX: All-time record high finish; Well done President Obama.

[bucs90]

All the news orgs are leading with the same thing. The NY stock exchange hit an all time record high finish today, signaling that all that was lost in the recession has been recovered. CBS led with a graph showing the recent low point in early 2009, and showed the roller coaster climb...but gradual climb...over the past 4 years, until today's record high.

They also show that the job market has not recovered though. Unemployment is still high, and food stamp use is high. Companies have reported massive cash reserves.

President Obama- job well done. He guided us through hell, has all but ended the two wars, and has stabilized this mess to the point that Wall Street has recovered.

NOW WHAT? Well, like I said. Unemployment is still low. Wages are frozen. Companies have huge cash reserves. The President and government did the job if the government- stabilize the mess. NOW, the ball is in the court of the private sector to get off those cash reserves, gradually begin lifting wages and employment numbers, and finish off the total recovery.

This is great news. Now its time for the business world to do their part and finish off this recovery

 

[bucs90]

So how can the private sector now take the baton, run with it, and complete the recovery? Government cant create jobs, in theory (although it can hire people). But, its true, the private sector drives economy. The government's job is simply to maintain a civil, stable society that will act as a foundation for the private sector to operate on.

Now, the government has stabilized this mess about as good as possible. The private sector must step up, start hiring, open up the stockpiles of cash, increase wages, and boost this recovery to the next level!

 

[CrusaderFrank]

So you support Bush's idea to partially privatize Social Security?

 

[CrusaderFrank]

Q for Liberals: Is the stock market good or bad?

A: Yes

 

[blackhawk]

He made those evil rich people richer and your telling him job well done what hypocrisy.

 

[CrusaderFrank]

He made those evil rich people richer and your telling him job well done what hypocrisy.

Record unemployment, debt, deficits and stock market.

Obama = the rich get richer

 

[LeftofLeft]

So how can the private sector now take the baton, run with it, and complete the recovery? Government cant create jobs, in theory (although it can hire people). But, its true, the private sector drives economy. The government's job is simply to maintain a civil, stable society that will act as a foundation for the private sector to operate on.

Now, the government has stabilized this mess about as good as possible. The private sector must step up, start hiring, open up the stockpiles of cash, increase wages, and boost this recovery to the next level!

What is the real unemployment rate?

 

[Gadawg73]

DJA is an indicator of where investment dollars are going. The left started the panic and that led to massive dollars going into asset investments like gold and chart climbers like Apple.

Apple has taken a dive and gold soon will also. Investors with $$$ know that and that is why the market is going up.

Real growth was at 4.5% during Bush's 1st 7 years.
Now it is at .1 %.

So the market is back where it was 5 1/2 years ago. Big fucking deal.
If government growth would have been lowered to 1.5% a year the DJA would be over 20,000 now.

 

[Old Rocks]

Given that the GOP gave us the 2008 crash, I thnk that the market getting back to where it was in less than a decade is a real accomplishment. Now to get the income scale back to a reasonable percentage for the working poor and middle class.

Wealth Inequality Video Goes Viral ? Is the Distribution of Wealth What You Would Expect? - Barrow, GA Patch

 

[uscitizen]

DJA is an indicator of where investment dollars are going. The left started the panic and that led to massive dollars going into asset investments like gold and chart climbers like Apple.

Apple has taken a dive and gold soon will also. Investors with $$$ know that and that is why the market is going up.

Real growth was at 4.5% during Bush's 1st 7 years.
Now it is at .1 %.

So the market is back where it was 5 1/2 years ago. Big fucking deal.
If government growth would have been lowered to 1.5% a year the DJA would be over 20,000 now.

the competition is eating up Apple.

yep limiting government growth was what made the market roar during Bush II's reign?

 

[boedicca]

Actually, the increases in stock prices should be credited to The Bernank. His massive increases in the monetary supply via QE^Infinity have caused significant asset inflation.

[ame=https://www.youtube.com/watch?v=PTUY16CkS-k]QE Splained[/ame]

 

[Gadawg73]

Given that the GOP gave us the 2008 crash, I thnk that the market getting back to where it was in less than a decade is a real accomplishment. Now to get the income scale back to a reasonable percentage for the working poor and middle class.

Wealth Inequality Video Goes Viral ? Is the Distribution of Wealth What You Would Expect? - Barrow, GA Patch

No, the Congress gave us that crash when they allowed banks to go into any and all financial areas, the derivative markets were unregulated and Fannie and Freddie were not stopped.

Bush tried 3 times to regulate Freddie and Fannie before the Congress and they did nothing.

 

[Wacky Quacky]

Given that the GOP gave us the 2008 crash , I thnk that the market getting back to where it was in less than a decade is a real accomplishment. Now to get the income scale back to a reasonable percentage for the working poor and middle class.

Wealth Inequality Video Goes Viral ? Is the Distribution of Wealth What You Would Expect? - Barrow, GA Patch

Maybe you would like to go back and rethink that grossly inaccurate statement?

 

[Gadawg73]

Actually, the increases in stock prices should be credited to The Bernank. His massive increases in the monetary supply via QE^Infinity have caused significant asset inflation.

True, which is very bad as there is so much cash floating around real growth is at ZERO.
Isn't it amazing the market taking off and growth is at less than 1%, interest rates are nothing and investment dollars are still not back in the capital markets?

UNCERTAINTY is still there as to future tax policies and 4 more years to go.
ONLY way to get economic growth, the lifeblood of capitalism, is to get the fear out of capital investment.
"They do not pay their fair share" is what has caused the .1% growth.
And the deficits keep getting bigger.
Government spends too much.
I am going to laugh when the market keeps going higher and the budget is cut more and more and more and all the screaming and yelling of "they are starving kids" and the other BS.
How many millionaires will these rises in the market make richer and how soon will the "those evil rich are getting richer and we need to tax THEM MORE" be screamed from the left?

And as a result of that the class warfare will continue, growth will not get over one half of one percent and capital investing will never grow.

 

[Wacky Quacky]

Given that the GOP gave us the 2008 crash, I thnk that the market getting back to where it was in less than a decade is a real accomplishment. Now to get the income scale back to a reasonable percentage for the working poor and middle class.

Wealth Inequality Video Goes Viral ? Is the Distribution of Wealth What You Would Expect? - Barrow, GA Patch

No, the Congress gave us that crash when they allowed banks to go into any and all financial areas, the derivative markets were unregulated and Fannie and Freddie were not stopped.

Bush tried 3 times to regulate Freddie and Fannie before the Congress and they did nothing.

Same to you. You're inferring that Fannie and Freddie were responsible for the crash when they little to do with it.

 

[Gadawg73]

DJA is an indicator of where investment dollars are going. The left started the panic and that led to massive dollars going into asset investments like gold and chart climbers like Apple.

Apple has taken a dive and gold soon will also. Investors with $$$ know that and that is why the market is going up.

Real growth was at 4.5% during Bush's 1st 7 years.
Now it is at .1 %.

So the market is back where it was 5 1/2 years ago. Big fucking deal.
If government growth would have been lowered to 1.5% a year the DJA would be over 20,000 now.

the competition is eating up Apple.

yep limiting government growth was what made the market roar during Bush II's reign?

Yes, Android is hitting them hard.
Bush II is Exhibit A of how government growth fucked the economy.
Gramps and Granny eat all the DOPE you want plan was the largest social program in 70 years, Medicare skyrocketed and the wars.

 

[Seawytch]

That Obama is some Socialist/Communist ain't he?

 

[boedicca]

Given that the GOP gave us the 2008 crash, I thnk that the market getting back to where it was in less than a decade is a real accomplishment. Now to get the income scale back to a reasonable percentage for the working poor and middle class.

Wealth Inequality Video Goes Viral ? Is the Distribution of Wealth What You Would Expect? - Barrow, GA Patch

No, the Congress gave us that crash when they allowed banks to go into any and all financial areas, the derivative markets were unregulated and Fannie and Freddie were not stopped.

Bush tried 3 times to regulate Freddie and Fannie before the Congress and they did nothing.

Same to you. You're inferring that Fannie and Freddie were responsible for the crash when they little to do with it.

The heartbreak of brainwashed leftism on parade.

I suggest you read (if you can perform that trick) "Reckless Endangerment". Fannie and Freddie were at Ground Zero of this entire mess. The former CEO for Fannie, James Johnson, was a major "architect" of subprime loans and lobbied the government to enable them.

 

[mal]

All the news orgs are leading with the same thing. The NY stock exchange hit an all time record high finish today, signaling that all that was lost in the recession has been recovered. CBS led with a graph showing the recent low point in early 2009, and showed the roller coaster climb...but gradual climb...over the past 4 years, until today's record high.

They also show that the job market has not recovered though. Unemployment is still high, and food stamp use is high. Companies have reported massive cash reserves.

President Obama- job well done. He guided us through hell, has all but ended the two wars, and has stabilized this mess to the point that Wall Street has recovered.

NOW WHAT? Well, like I said. Unemployment is still low. Wages are frozen. Companies have huge cash reserves. The President and government did the job if the government- stabilize the mess. NOW, the ball is in the court of the private sector to get off those cash reserves, gradually begin lifting wages and employment numbers, and finish off the total recovery.

This is great news. Now its time for the business world to do their part and finish off this recovery

what did Barry do exactly?...



peace...

 

[mal]

That's right... Nothing.



peace...