ADVERTISEMENT

Stock market hits 17,000 first time in history

canesrule21'ships

SuperCane
Gold Member
Dec 1, 2006
22,597
3,779
113
President must be doing something right. Can you imagine what he could do with a non Tea Party obstructed Congress? 20,000? My mutual funds and stock investments thank you Big O.
Posted from wireless.rivals.com[/URL]
 
The stock market performance has nothing to do with the President or congress and everything to do with the fed continuously printing money which ends up going into the stock market. Based on economic growth and income growth (or lack thereof) the stock market has no business being anywhere near this level. That's why I keep stop loss orders open on everything and keep bumping them up. When fed policy changes, the market is going to crash quickly.
 
So I should put money in gold? I think winding down of Ws wars is removing red ink from defecit. Defense contractors not happy obviously but better for overall economy.
Posted from wireless.rivals.com[/URL]
 
What's good for the economy is good for Canes football and UM. We are a private school and more wealth there is more demand for potential students to come to UM.
Posted from wireless.rivals.com[/URL]
 
And 1/3 of the country is on some sort of entitlement program. Obama's approval rating is at an all-time low and will go down as one of the worst Presidents in the history of the country.

Socialism is economically suffocating France and Spain.
Conservative Capitalism has made Germany an economic model for Europe.

The stock market isn't reflective of the overall economic health of the country. There are some good things and many bad things. To conclude that the health of the economy in this country is secure and sound exclusively based on the stock market is ignorance at worst and blinded optimism at best...

This post was edited on 7/3 11:48 AM by advarkas
 
Originally posted by advarkas:
And 1/3 of the country is on some sort of entitlement program. Obama's approval rating is at an all-time low and will go down as one of the worst Presidents in the history of the country.

Socialism is economically suffocating France and Spain.
Conservative Capitalism has made Germany an economic model for Europe.

The stock market isn't reflective of the overall economic health of the country. There are some good things and many bad things. To conclude that the health of the economy in this country is secure and sound exclusively based on the stock market is ignorance at worst and blinded optimism at best...

This post was edited on 7/3 11:48 AM by advarkas

Socialism is for the people, not the socialist..

Has anyone checked usdebtclock.org lately
 
  • Like
Reactions: Dr.L.ThugU
Canes have only won championships w a Republican in office big guy.
Posted from wireless.rivals.com[/URL]
 
Originally posted by canesrule21'ships:
President must be doing something right. Can you imagine what he could do with a non Tea Party obstructed Congress? 20,000? My mutual funds and stock investments thank you Big O.
Posted from wireless.rivals.com
An uneducated post if I've ever seen one. This thread should disappear pronto.
 
Dumbest post ever! Our President wouldn't understand Capitalism if it was written out for him in baby language. The FED is buying (was) our own debt and is now selling it in the open mkt. Every chance he gets to stand in the way of real progress, he does so. The Stock Mkt is NOT a barometer for how well your President is doing..................
 
essshhh
OP, U r going to unleash the uninformed and idiot brigade on a 5 page thread of FOX talking points and TUG U is going to call U a fukin Homo and tell U U love to suc C**k

Be prepared for the idiots to come raging
 
Bought the E-mini SP @ 800.00 what a nice RIDE.............

This post was edited on 7/3 12:08 PM by apollofl
 
  • Like
Reactions: Dr.L.ThugU
Haha Kerem get ready to be called Karen! Fox taling points lol!
Posted from wireless.rivals.com[/URL]
 
LOL...I just find it fascinating how the same people benefiting from Obama being in office despise him. This is almost 3 times more than the last administration. Your 401K is finally working for you and yet, there is still the despise...smh...I wonder why else would you despise someone whos administrations policies are making money for you? I wonder?
 
The stock rise is all about, the U.S. being energy self sufficient and the long term implications of being able to export energy, gas, oil, natural gas. How that is a big plus for the economy.
And of course, interest rates.
This post was edited on 7/3 12:14 PM by dustahl
 
Originally posted by advarkas:
And 1/3 of the country is on some sort of entitlement program. Obama's approval rating is at an all-time low and will go down as one of the worst Presidents in the history of the country.

Socialism is economically suffocating France and Spain.
Conservative Capitalism has made Germany an economic model for Europe.

The stock market isn't reflective of the overall economic health of the country. There are some good things and many bad things. To conclude that the health of the economy in this country is secure and sound exclusively based on the stock market is ignorance at worst and blinded optimism at best...

This post was edited on 7/3 11:48 AM by advarkas
Does that 1\3 include big oil and big business ?? or are those entitlements OK with U ?? Its OK when the Rich \Big Corp are allowed all the breaks and help and Tax avoidance and subsidies ... but if you r poor it is an entitlement and you r a taker.....is that the logic ??

By your own posts and stories U seem to come from a pretty privileged background.....it doesn't seem U really ever wanted for anything (from your own mouth) Doesn't make U a bad person in the least......it does make U fortunate however.

So why cant u grasp that others that don't come from your fortunate background sometimes need help, need assistance ?? Why does that offend U so much ??
 
Gotta rile up the ignorati from time to time. But in all seriousness, when W. left us at 8,000 with his spendthrift ways, who thought Obama would lead us to 17,000?
Posted from wireless.rivals.com[/URL]
 
Originally posted by kerem:



Originally posted by advarkas:
And 1/3 of the country is on some sort of entitlement program. Obama's approval rating is at an all-time low and will go down as one of the worst Presidents in the history of the country.

Socialism is economically suffocating France and Spain.
Conservative Capitalism has made Germany an economic model for Europe.

The stock market isn't reflective of the overall economic health of the country. There are some good things and many bad things. To conclude that the health of the economy in this country is secure and sound exclusively based on the stock market is ignorance at worst and blinded optimism at best...




This post was edited on 7/3 11:48 AM by advarkas
Does that 1\3 include big oil and big business ?? or are those entitlements OK with U ?? Its OK when the Rich \Big Corp are allowed all the breaks and help and Tax avoidance and subsidies ... but if you r poor it is an entitlement and you r a taker.....is that the logic ??

By your own posts and stories U seem to come from a pretty privileged background.....it doesn't seem U really ever wanted for anything (from your own mouth) Doesn't make U a bad person in the least......it does make U fortunate however.

So why cant u grasp that others that don't come from your fortunate background sometimes need help, need assistance ?? Why does that offend U so much ??
I'm sure corporate welfare was left off the table...smdh. They are more worried about the lady that gets an extra 6 months of snap for free than the tax free off shore accounts, corporate fraud and welfare that coast the tax payers over a trillion dollars. God forbid uncle ray ray doesn't look for a job and gets an extra 2500 dollars. Hell if he even found one it would probably be sourced overseas. Another tax break too. It is the biggest hypocrisy in the country right now.




This post was edited on 7/3 12:18 PM by cdwright40
 
Originally posted by kerem:

Originally posted by advarkas:
And 1/3 of the country is on some sort of entitlement program. Obama's approval rating is at an all-time low and will go down as one of the worst Presidents in the history of the country.

Socialism is economically suffocating France and Spain.
Conservative Capitalism has made Germany an economic model for Europe.

The stock market isn't reflective of the overall economic health of the country. There are some good things and many bad things. To conclude that the health of the economy in this country is secure and sound exclusively based on the stock market is ignorance at worst and blinded optimism at best...


This post was edited on 7/3 11:48 AM by advarkas
Does that 1\3 include big oil and big business ?? or are those entitlements OK with U ?? Its OK when the Rich \Big Corp are allowed all the breaks and help and Tax avoidance and subsidies ... but if you r poor it is an entitlement and you r a taker.....is that the logic ??

By your own posts and stories U seem to come from a pretty privileged background.....it doesn't seem U really ever wanted for anything (from your own mouth) Doesn't make U a bad person in the least......it does make U fortunate however.

So why cant u grasp that others that don't come from your fortunate background sometimes need help, need assistance ?? Why does that offend U so much ??
You missed his point. He wasn't saying anything bad about people on assistance. He was saying that you can't say Obama is leading a great economy based on the DJIA when 1/3 of the people need some kind of assistance.

I personally have no problem with people needing assistance sometimes. What I do have a problem with is the large number of people that are scamming the system. Just watch a couple of episodes of Judge Judy and see how many people are on "disability" when they are perfectly fine.
 
I advise you to pay all you debt While you are allowed to.
 
CD, is there ANY subject that you aren't an expert on? Lol telling us how to tip and now spewing at the mouth about a president that has a lower approval rating than Bush. Wow, I guess all those that disapprove of his handling of foreign policy and his disastrous health care plan are just wrong. I learn something everyday from you.
So now we are to judge the performance of our presidents based on our 401 performance.......brilliant.
This post was edited on 7/3 12:40 PM by 4210
 
  • Like
Reactions: Dr.L.ThugU
Originally posted by canesrule21'ships:
President must be doing something right. Can you imagine what he could do with a non Tea Party obstructed Congress? 20,000? My mutual funds and stock investments thank you Big O.

Posted from wireless.rivals.com
Please explain exactly what the Persident is doing right?

IN January of 2008 135,8 Million U.S. citizens had jobs. In May we just returned to that level of jobs; 6.5 years later! However the average wage for those jobs is less today than it was in 1/'08! Is gas or food lower cost? Taxes? During that same period approximatly 11.7 million people entered the U.S workforce. We should have 11.7 Million more employed individuals than we did in January 2008. This is the worst economic recovery on record in the U.S.

The results of the past 6.5 years is a lower standard of living for U.S. citizens, greater dependence on goverment welfare, a deficit that has more than doubled, and a regulatory enviorment that penalizes business.

That wonderful stimulas package, that spent nearly $1Billion to create jobs was recently reviewed by the Congressional Budget Office, it was estimated to have cost, $200,000 - $250,000 for each job created. Those jobs were also estmated to pay an average $50,000 in annual income. Does that make sense to anyone to pay 4X - 5X an annual wage to create a job?

Yes lets all applaud the man behind the curtain the Great Ozzzzz.

There is a reason he was just named the worst president since WWII; he IS!
 
  • Like
Reactions: Dr.L.ThugU
Originally posted by michaelmtripp@aol.com:

Originally posted by kerem:


Originally posted by advarkas:
And 1/3 of the country is on some sort of entitlement program. Obama's approval rating is at an all-time low and will go down as one of the worst Presidents in the history of the country.

Socialism is economically suffocating France and Spain.
Conservative Capitalism has made Germany an economic model for Europe.

The stock market isn't reflective of the overall economic health of the country. There are some good things and many bad things. To conclude that the health of the economy in this country is secure and sound exclusively based on the stock market is ignorance at worst and blinded optimism at best...



This post was edited on 7/3 11:48 AM by advarkas
Does that 1\3 include big oil and big business ?? or are those entitlements OK with U ?? Its OK when the Rich \Big Corp are allowed all the breaks and help and Tax avoidance and subsidies ... but if you r poor it is an entitlement and you r a taker.....is that the logic ??

By your own posts and stories U seem to come from a pretty privileged background.....it doesn't seem U really ever wanted for anything (from your own mouth) Doesn't make U a bad person in the least......it does make U fortunate however.

So why cant u grasp that others that don't come from your fortunate background sometimes need help, need assistance ?? Why does that offend U so much ??
You missed his point. He wasn't saying anything bad about people on assistance. He was saying that you can't say Obama is leading a great economy based on the DJIA when 1/3 of the people need some kind of assistance.

I personally have no problem with people needing assistance sometimes. What I do have a problem with is the large number of people that are scamming the system. Just watch a couple of episodes of Judge Judy and see how many people are on "disability" when they are perfectly fine.
Judge Judy ??!!!?!
Really ??
Really ??

If u r forming your opinion and getting your intell from watching Judge Judy than nothing I say is going to matter. However, I will say that if U need to get your info from that type of source, at least Judge Judy is more reliable and reputable than FOX
 
Kevin, great post. Also, let's not forget about the cost of health care. I'm self employed and it is costing me over $10,000 annually to insure my family and I have a $6000 deductible per person! And I'm told that my premium will be increasing over the next month or so.
 
  • Like
Reactions: Dr.L.ThugU
Judge Judy as an economist LMAOROF! The stuff on this board is funnier than going to local comedy club.
No rerun or Karen comments yet. Are my right wing friends becoming more civil? Say it ain't so.
Posted from wireless.rivals.com[/URL]
 
Stock market is up due to qe infinity. The Fed is printing money which goes to the banks and then ultimately is used to prop up Wall Street. It is artificial and is not a reflection of the overall health of the American economy. This post demonstrates that you have absolutely zero understanding of how economies grow and prosper. Virtually every economic indicator shows a stagnant economy, not a vibrant growing one.
Posted from wireless.rivals.com[/URL]
 
  • Like
Reactions: Dr.L.ThugU
Originally posted by kerem:
essshhh
OP, U r going to unleash the uninformed and idiot brigade on a 5 page thread of FOX talking points and TUG U is going to call U a fukin Homo and tell U U love to suc C**k

Be prepared for the idiots to come raging
Seriously you should look in a mirror... The economy is in shambles. The fed govt has grossly over-reached & now even the SCOTUS has quite pointedly shown the President he's violating the Constitution by the crazy appointments he's made. The guy doesn't respect what America was founded on & is trying to turn us into something that's been proven over & over not to work. By the way... Gas prices are $3.69 a gallon here but hell call the White House because I'm sure they can find some more red tape to hit the $5 mark. Do you like all the scandals that have occurred under his watch? Typical Chicago politics brought to the White House.
 
Rerun you are the biggest dumb fuhk I know. Take your obama and all his corruption and shove it up your ass moron.
 
  • Like
Reactions: Dr.L.ThugU
I attribute the increase in the market to Coach Golden . Hasn't the market increased dramatically since he has been head coach?? So obviously he is the cause of the increase? Can't argue with that.

Funny though that POTUS has the WORST rating of any president in recent history. The OP's favorite station MSNBC has about 5 viewers ( I think the OP makes his family watch so it's not less) Most people have figured it out.

The "takers" will continue to take and the makers will continue to make , until there is no incentive left for the makers and then there will be nothing to redistribute.
 
Originally posted by skelly6142:
All valid points Cash, and many more than the ones U listed here.
My right arm is pinned by my snuggling 5 year old & I didn't feel like going through the laundry list left handed lol.
 
Getting close to that tipping point DiMaggio I fear. Big question, can the good 'ole USA hold out another few months and then another year and a half? In Golden speak - "we trending downward for sure"
 
  • Like
Reactions: Dr.L.ThugU
Originally posted by CashvilleCane1:


Originally posted by kerem:
essshhh
OP, U r going to unleash the uninformed and idiot brigade on a 5 page thread of FOX talking points and TUG U is going to call U a fukin Homo and tell U U love to suc C**k

Be prepared for the idiots to come raging
Seriously you should look in a mirror... The economy is in shambles. The fed govt has grossly over-reached & now even the SCOTUS has quite pointedly shown the President he's violating the Constitution by the crazy appointments he's made. The guy doesn't respect what America was founded on & is trying to turn us into something that's been proven over & over not to work. By the way... Gas prices are $3.69 a gallon here but hell call the White House because I'm sure they can find some more red tape to hit the $5 mark. Do you like all the scandals that have occurred under his watch? Typical Chicago politics brought to the White House.
All FOX talking points \ right wing propaganda

like I said, the Idiot Brigade is out.
 
Originally posted by advarkas:
And 1/3 of the country is on some sort of entitlement program. Obama's approval rating is at an all-time low and will go down as one of the worst Presidents in the history of the country.

Socialism is economically suffocating France and Spain.
Conservative Capitalism has made Germany an economic model for Europe.

The stock market isn't reflective of the overall economic health of the country. There are some good things and many bad things. To conclude that the health of the economy in this country is secure and sound exclusively based on the stock market is ignorance at worst and blinded optimism at best...

This post was edited on 7/3 11:48 AM by advarkas
Spot on Varkas …This guy is so full of it,it's not even funny…Maybe he should go back to Cuba where they have what he preaches and see how long he lasts over there..The most prosperous latin country ,converted into a poor country like Haiti by socio/communism.
By the way ,i'm presently in Spain and this beautiful country was turned to shytt by the the socio/communist Zapatero …Half a million young Spaniards have left the country to look for work and yes quite a few have gone to Germany , basically the only European country doing well.(in the European union.)
 
  • Like
Reactions: Dr.L.ThugU
W gets the title of worst Pres in history. Unfortunately Obama had to follow that clown and clean up his disasterous mess. If Obama had half the cooperation form the nuts on the far right this country would be rockin n rollin like we did in the 90's when Clinton handed the country on a silver platter to W.
 
  • Like
Reactions: cems52
HAHAHAHAHAHAHAHA - better learn some history fella. Ask Clinton how it was going before the Right made him play w a balanced budget. I'll give slick Willie his due, at least he was smart enough to move to the center fiscally. This person in office now, not so smart. But, he doesn't want to, so he just doing what knows he wants to do. Give him props for that. He is wrong, as are all socialist thinkers, but he sure is doing his best to turn us into a sunken ship that he can.
 
  • Like
Reactions: Dr.L.ThugU
ADVERTISEMENT

Latest posts

ADVERTISEMENT