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Wall St. collapse = Dems ads against Bush SS plans????????

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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 01:49 PM
Original message
Wall St. collapse = Dems ads against Bush SS plans????????
the stock market is plunging.

NOW is the time to flood the country with ads against the Bush social security scandalous changes, ads equating the stock market with your money being lost in a privatized account.

"You cannot trust the republicans on Wall Street to save your money for you".............that sort of thing.

Are the Dems running such ads anywhere? Are we gonna miss yeat ANOTHER fabulous opportunity??

Msongs
www.msongs.com/political-shirts.htm
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unhappycamper Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 01:51 PM
Response to Original message
1. I doubt that will happen. Why would either side wake the
populace to the shitstorm we're heading towards.....
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jasmeel Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 01:52 PM
Response to Original message
2. I wondered the same thing! This is perfect timing.
Too often they sit back and let the Repubs spin the issue. However, the stock market normally has it's ups and downs so once it goes up again does that argue FOR Bush's plan? Crap.
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 02:05 PM
Response to Reply #2
4. let the repubs spend $$ on that argument. the fact is that fear sells...
and running ads tying a stock plunge to privatized SS is talking truth about where your money is likely to end up.

it is using fear, but a real fear.

Msongs
www.msongs.com/political-shirts.htm
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 01:53 PM
Response to Original message
3. That's WHY the markets plunging. It was up in anticipation of SS funds
infusing the markets with loads of capital, temporarily jacking up stock prices, so the big players could SELL HIGH & take their profits.

Privatizing SS is now a "Dead Plan Walking" and the markets know it.

You are right, though. Ironic, isn't it?
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loudsue Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 02:15 PM
Response to Reply #3
5. You're spot on elehhhhna! That's why the market is plunging.
Edited on Sat Apr-16-05 02:17 PM by loudsue
Now that so many people are against "privatizing" social security, and it looks like it won't pass, stock prices are heading to a range where they're more realistic, and "kool-aid" free.

Privatizing social security would have injected trillions into the stock market over time...and that's the "dream" that was holding the market up.

Hopefully NOW the social security money won't be thrown into the cesspool that the stock market has become, at least until the little black boxes give the republicans a filibuster-free congress in 2006. After the next "selection", engineered by the voting machines, all bets are off.

Private citizens need to start joining their State's organizations that are fighting the voting machine fiasco. If we can outlaw those damned machines, we may save our money AND our Democracy!!

:kick:
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0007 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 02:17 PM
Response to Original message
6. Short trading is the ticket!
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enid602 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 04:25 PM
Response to Original message
7. ss
I don't think the current market plunge has anything to do with the perceived falure of *'s SS privatization effort. If anything, the market should be applauding now that it appears unlikely that the US Gov't won't be taking on trillions of additional debt to support this initiative. I think the current bearishness in the market is attributable to higher energy prices, the threat of higher interest rates and an administration which appears unable to go forward with any meaningful energy or economic/trade stabilization programs. The numbers so far have been bolstered by a robust housing market, which know appears to be headed downward with the general market trend. This administration brags about adding 100,000 mostly low-paying service jobs, while GM announces an equal number of imminent cuts in high-paying manufacturing and administrative positions.
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Lone Pawn Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 04:28 PM
Response to Original message
8. And what if the market starts going up?
Edited on Sat Apr-16-05 04:29 PM by Lone Pawn
That's an awfully short-sighted ad campaign.
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-16-05 05:09 PM
Response to Reply #8
9. see post #4 AND ----->
a down crashing market is a bad thing for you if you have your retirement money in it................no matter whether it goes back up and down and up and down or not.

it is true to say the crashing market is a bad sign for your money.

Msongs
www.msongs.com/liberaltshirts.htm
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