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morillon Donating Member (809 posts) Send PM | Profile | Ignore Sun Oct-12-08 07:22 PM
Original message
On November 5th after Obama wins...
...here's an idea, thanks to my little sister who also posts here:

Those of us who can afford it should go shopping, should go to restaurants and leave big tips, and (for those so inclined) should buy shares of stock in blue-oriented companies. I'd love for the news stories to be how the market and the economy started to bounce back immediately when Obama won.
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Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-12-08 07:27 PM
Response to Original message
1. That would totally rock! What's the easiest way to do that? nt
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morillon Donating Member (809 posts) Send PM | Profile | Ignore Sun Oct-12-08 07:29 PM
Response to Reply #1
3. Buy stock?
You could sign up for an online trading account at say, Etrade or something, and then buy stock in Costco or other companies that contribute heavily to Dems. Be sure to check opensecrets.org to see who donates to whom.

I sold off all my stocks -- even my 401(k) -- two years ago, but an Obama win would be enough to make me reinvest.
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Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-12-08 07:44 PM
Response to Reply #3
8. Maybe ING has some way to buy stock easily nt
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morillon Donating Member (809 posts) Send PM | Profile | Ignore Sun Oct-12-08 07:46 PM
Response to Reply #8
9. Good suggestion!
I'll look into that. And I'll check out their contribution history, too. I only want to do my trades through blue companies, if at all possible.
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Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-12-08 07:56 PM
Response to Reply #9
10. Cool. Maybe we could start something! nt
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grannylib Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-12-08 07:29 PM
Original message
I'd love to participate in that...any econo-'geeks' (and I mean that nicely!)
out there who can guide us in a truly effective way to do just that??
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morillon Donating Member (809 posts) Send PM | Profile | Ignore Sun Oct-12-08 07:32 PM
Response to Original message
5. Check opensecrets.org
That will show you which companies are the bluest. If nothing else, you could just call 'em up the next day and say you're buying their products now because they helped Obama get to the White House.

I still have a Merrill Lynch account due to my pension plan and my former 401(k) holdings, so I might use that, but I'm actually more tempted to open up a new trading account. I'll have to see which of the online trading firms contributes most heavily to Dems and go with that one.
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grannylib Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-12-08 07:41 PM
Response to Reply #5
7. Thank you for the tip, I will surely do that!
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lisa58 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-12-08 07:29 PM
Response to Original message
2. the ultimate sigh of relief
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-12-08 07:29 PM
Response to Original message
4. I know I certainly WILL be celebrating...
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morillon Donating Member (809 posts) Send PM | Profile | Ignore Sun Oct-12-08 07:33 PM
Response to Reply #4
6. Dom Perignon will see a sudden increase in sales. :-) n/t
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