The Conservative Cave
Current Events => The DUmpster => Topic started by: USA4ME on March 03, 2009, 01:12:58 PM
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Median Democrat
Shh! The DOW Will Improve When Underlying Economic Numbers Improve - Pass It On
Here is the great secret that Jim Cramer, Fox News, WSJ and the rest of the mainstream media are hiding as they blame the latest market swings on Obama less than two months into his Presidency. Regardless of his policies pronouncements or speeches, the DOW likely will not rebound until we hit some bottom on the underlying economic indicators like unemployment or retail sales. The numbers continue to be horrible, particulaly the last quater of 2008 (BEFORE OBAMA TOOK OFFICE), and the DOW is plunging.
Yet, the financial media types ignore the underlying econmic data, and suggest that Obama's (yet to be implemented) policies are causing the DOW to drop while arguing in the same breath that government action cannot help the economy.
If there was any doubt that the media has a corporate bias toward the top 1 percent, this is it.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x5176027
And the underlying economic numbers will improve when Hussein quits attacking achievers and stops promoting wealth distribution.
DJ13
1. The Dow will improve when the people on Main street have enough money to begin buying the baubles the companies in the Dow make.
And it wont happen until then.
Main Street isn't buying into the socialist agenda. And Main Street isn't you or anyone at the DUmp, that's for sure.
Median Democrat
Response to Reply #1
3. Shh!!! You can't say that! The talking point is that the decline in the DOW has nothing to do with the fact that people are losing their jobs, losing their homes, and buying less stuff. Rather, the DOW is going down because Obama is proposing to increase taxes on the richest 1 or 2 percent of American households.
Get it straight!
The Dow is going down because the business class and investor class, regardless if they're the top 2% or not, have no incentive to take the type of risks with capital in order to create goods and services, and in turn jobs.
nbsmom
8. Don't forget the folks who are unnecessarily lighting their hair on fire...
And cashing out with no need (e.g., illness or unemployment.)
A 'continuation' if you will of the "you're on your own" mentality so prevalent under Bush...
How many _employed_ folks have decided that they're going to cash in their positions (in and outside their 401ks) and 'sit this out.'
They'll proudly crow about how they're 'sitting in cash'.
It makes me crazy, because it makes everyone else's situation worse.
And it's not that different from the conspicuous consumption of former years.
Ah, you had to see this coming. :mental:
According to this DUmmie, a lot of the problems are those investors who were looking out for their own financial interests rather than thinking of how their pulling out of the market would effect others. They should have just sat there and purposely lost money instead of selfishly thinking only of themselves. They shouldn't "sit this out," they should rush to invest whether they view it to be a losing proposition or not.
Whacko doesn't begin to fully describe the primitives and those like them.
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According to this DUmmie, a lot of the problems are those investors who were looking out for their own financial interests rather than thinking of how their pulling out of the market would effect others. .
Hey ....Aren't the DUmmies always whinning about republicans not voting in their best interest. ......they just did DUmmies ......with their money.
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Obama admits he doesn't understand the stock market. DUmmies don't either.
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And, Obama doesn't care about the stock market. Just today he was talking about its ups and downs, and gyrations. What gyrations? It's tanking.
A 'continuation' if you will of the "you're on your own" mentality
That's pretty much stock investing. This isn't a charity, moron!
I've been on some other boards, where the two sides mix it up, and I've found another thing they do not understand: The stock market is an objective, non-racist opinion on at least 6 months into the FUTURE, not a nostalgic lookback at the PAST EIGHT YEARS.
BTW, I think it's pretentious to say "if you will."
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And, Obama doesn't care about the stock market. Just today he was talking about its ups and downs, and gyrations. What gyrations? It's tanking.
...and this doesn't help:
March 3 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said policy makers may need to expand aid to the banking system beyond the $700 billion already approved and take other aggressive measures even at the cost of soaring fiscal deficits.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aabXQOXBRk8E&refer=worldwide
F'n idiot. ::)
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I've been on some other boards, where the two sides mix it up, and I've found another thing they do not understand: The stock market is an objective, non-racist opinion on at least 6 months into the FUTURE, not a nostalgic lookback at the PAST EIGHT YEARS.
I've noted that at the DUmp also. It seems they have this stupid notion that the stock market is reacting to what Bush did as opposed to what Hussein will do, which couldn't be any further from the truth.
I talked to a guy who works the floor at the NYSE and he clearly stated that investors don't like Hussein or his plans. Yes, investors will do as one primitive noted, "sit it out," until he reverses course, whether by force or necessity doesn't matter to them. I would say that, just like Clinton, until the R's take either the House or the Senate, investors simply aren't going to play along. Why should they? Hussein can't be trusted.
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O effed up...he could have piddled a little bit on the economy and then when it sorted out claimed credit.
He didn`t and wouldn`t because the dems are pushing socialism,the economy be damned,so now they own it and the results of their action.
Hopefully it will prove out to be the stupidest political mistake in our history and will result in the complete refutation of their politics.
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The stock market is an objective, non-racist opinion on at least 6 months into the FUTURE, not a nostalgic lookback at the PAST EIGHT YEARS.
I was going to say the exact same thing - the market doesn't care about yesterday - It cares about the future. And the market does not like what Obama is pushing.
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I knew that Obama was an idiot on business and economics worthy of inclusion at the DUmp. An NRO reader asks: "Does The President Know What 'PE Ratio' Stands For?
Obama, today: "On the other hand, what you're now seeing is profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."
Did he mean price-to-earnings ratio? The traditional definition of PE ratio?
If Bush had said the above, it would be ipso facto evidence of his idiocy."
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I was going to say the exact same thing - the market doesn't care about yesterday - It cares about the future. And the market does not like what Obama is pushing.
and Obama apparently does not care. I think he wants the economy to collapse. He will try to institute 'real' socialism. After the fall, if the people do not revolt, we will have a one-party impoverished state.
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What we are seeing is a capital boycott.
No sane person is going to put any money in to any venture with the evil triad of pelosi, reaid, and obama ready and willing to not just take any profit but to ruin any random sector. The rich are not dumb, that's how they got rich and they sure don't like what they see. They see massive budget deficits and social spending, massive government growth, huge tax hikes, and a populist war against them from the highest levels of government. I know I won't invest in either my business or in the market until some bottom to the destruction the sociali...no communists are making can be determined. Each day that bottom gets lower and more out of view.
BTW, I watched the clown we have as our president and it was more like "On the other umm hand, what you're umm ahh now seeing is um I think ahh profit and earning ratios ahh are starting to get to the umm ahh point where buying stocks is a umm ahh potentially good deal if you've ahh umm got a long-term umm ahh perspective on it."
Thank god he is a great one with the umm ahh words and uummm ahhh stuff.
Hey i found a clip of the greatestestest orator evah
http://corner.nationalreview.com/post/?q=ZjVlZmRiZDU1MzRiNWU2MzUxYjM2NTVkNjQ2NTk0ZGI=