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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:04 PM Original message |
the dow jones averages are up almost 2,000 points in Obama's first year |
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aquart (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:06 PM Response to Original message |
1. Am I supposed to be cheered by this? |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:10 PM Original message |
it's great news for people living off their retirement monies...or 401 k's |
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aquart (1000+ posts) Send PM | Profile | Ignore | Fri Jan-01-10 12:04 AM Response to Original message |
64. That's sufficient, thanks. |
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Starbucks Anarchist (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:12 PM Response to Reply #1 |
11. No, just cry in your soup like you always do. |
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progressoid (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:39 PM Response to Reply #1 |
30. Yeah, all that money is going to tickle down to us. |
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LanternWaste (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 06:45 PM Response to Reply #1 |
39. As it increases the net value |
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fascisthunter (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:08 PM Response to Original message |
2. wow... great for Wall Street investors |
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Better Today (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:08 PM Response to Original message |
3. So f'ing what! Like its helping anyone who actually needed/needs help. |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:13 PM Response to Reply #3 |
12. many retirees are helped by this...there money is returning to their retirement accounts |
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Better Today (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:19 PM Response to Reply #12 |
18. And what good will that really do when the way the recovery is happening |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:23 PM Response to Reply #18 |
20. it helps many people....just because you have a 401k or ira does not mean you are rich by any means |
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Better Today (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:35 PM Response to Reply #20 |
26. Misconstruing what I've said. I said 401k and IRAs big enough to make |
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quiller4 (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 10:14 PM Response to Reply #18 |
55. What do you mean "pension plans destroyed"? Many were nearly wiped out |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 08:26 PM Response to Reply #12 |
51. "Retirees" should not be investing in equities. |
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IndianaGreen (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:09 PM Response to Original message |
4. The investor class reaps the benefits of exploiting the working class |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:11 PM Response to Reply #4 |
9. Me too! Very encouraging! |
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IndianaGreen (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:15 PM Response to Reply #9 |
14. I had to burn mine to heat up my flat |
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jpak (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:14 PM Response to Reply #4 |
13. Anyone that has a 401K is a member of the "investor class" |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 06:30 PM Response to Reply #13 |
36. Yeah, well, mine got withdrawn to keep the mortgage paid and eat for a few months |
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jpak (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 07:52 PM Response to Reply #36 |
44. I suppose misery loves company - but it's no excuse for wishing others lose their IRAs as well |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 08:00 PM Response to Reply #44 |
45. I have no problem with people doing well in their retirement funds |
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Thickasabrick (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:09 PM Response to Original message |
5. BFD nt |
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asdjrocky (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:10 PM Response to Original message |
6. Yay for banksters. |
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phasma ex machina (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 08:11 PM Response to Reply #6 |
49. Yay for brokers. |
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EmeraldCityGrl (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:10 PM Response to Original message |
7. and they still hate him. |
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theoldman (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:10 PM Response to Original message |
8. The DOW also went up when Bush was president. |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:11 PM Response to Reply #8 |
10. i'll take what we have now, thank you. |
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gratuitous (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:16 PM Response to Original message |
15. Oh, that's not a valid measure anymore |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:17 PM Response to Reply #15 |
17. if a republican had 'caused' the dow to go up 2,000 pts. he'd be sainted |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:16 PM Response to Original message |
16. Since he took office, the DJIA is up about 2100 points, about + 26%. |
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Cessna Invesco Palin (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:21 PM Response to Original message |
19. It's good for my mom's retirement fund. |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:23 PM Response to Original message |
21. More then that - I bought back in at 6700 |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:29 PM Response to Reply #21 |
25. good for you...smart move |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:36 PM Response to Reply #25 |
27. At the time all the Doom and Gloomers on DU gave me hell |
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progressoid (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:40 PM Response to Reply #27 |
31. Yeah, I was going to buy too... |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 07:18 PM Response to Reply #31 |
42. Mine is a Wage contribution through my union |
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progressoid (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 11:10 PM Response to Reply #42 |
58. Cool. I'm self employed. |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:41 PM Response to Reply #27 |
32. flap jack flippin' genius in my book....that was the perfect time to buy. |
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FreakinDJ (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 07:04 PM Response to Reply #32 |
41. Tell that to my retirement fund |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Thu Dec-31-09 06:02 AM Response to Reply #27 |
63. If you got in at 6700, you have had a 55% growth since March. |
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Gabi Hayes (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:49 PM Response to Reply #21 |
35. never mind |
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Goldstein1984 (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:25 PM Response to Original message |
22. The economy of the Haves is doing very well, now all we have to |
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ddeclue (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:26 PM Response to Original message |
23. So? It's all fake - the only stat that matters is unemployment. |
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Better Today (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:37 PM Response to Reply #23 |
28. I agree, raise you . . . underemployement and stagnant wages also matter |
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Egalitariat (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:45 PM Response to Reply #28 |
33. Historically, the order of recover is this: |
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Better Today (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:47 PM Response to Reply #33 |
34. Not ignorant, just noticing that those trends haven't ultimately |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 06:38 PM Response to Reply #34 |
38. +1 nt |
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Egalitariat (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 11:29 PM Response to Reply #34 |
59. FYI, from the tone of your post, I can tell that you're never going to make it |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 06:37 PM Response to Reply #33 |
37. Well, the big 'recovery' under Bush saw little job creation and what jobs were created were not the |
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Egalitariat (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 11:31 PM Response to Reply #37 |
60. The recovery is in its infancy. Unless you're a studied economist, and you're optimistic, I would |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Thu Dec-31-09 12:07 AM Response to Reply #60 |
61. I'm resigned to what has happened to my life and am not feeling sorry for myself |
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Mari333 (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:28 PM Response to Original message |
24. I am going to buy some beluga caviar and a mink coat |
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The Straight Story (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 05:38 PM Response to Original message |
29. My stats would be up too if someone tossed me a few hundred billion :) (nt) |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 08:04 PM Response to Reply #29 |
46. My thoughts, exactly nt |
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rug (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 06:45 PM Response to Original message |
40. Is that to be the measure of his presidency? |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 10:15 PM Response to Reply #40 |
56. If it had dropped 2000 points it sure would be |
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rug (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 10:56 PM Response to Reply #56 |
57. If it had dropped 2000 points it would be the end of his presidency. |
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Nikki Stone1 (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 07:25 PM Response to Original message |
43. Well, considering his administration caters to Wall Street, this is no surprise |
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cornermouse (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 08:09 PM Response to Original message |
47. The stock market is more or less a scam |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 08:10 PM Response to Reply #47 |
48. most folks who invest in the long term prosper. |
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cornermouse (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 09:23 PM Response to Reply #48 |
52. Tell that to my greatgrandfather who lost his in the 20s. |
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spanone (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 09:33 PM Response to Reply #52 |
53. 80 years ago....so you will base you investments on what happened 80 years ago? |
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cornermouse (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 10:08 PM Response to Reply #53 |
54. Did you already forget the crash we just had ? |
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phasma ex machina (1000+ posts) Send PM | Profile | Ignore | Wed Dec-30-09 08:13 PM Response to Reply #47 |
50. +1 Insiders profiting at the expense of outsiders. |
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JoeyT (1000+ posts) Send PM | Profile | Ignore | Thu Dec-31-09 05:47 AM Response to Original message |
62. Huzzah! Champagne, caviar, and a new boat for everyone! |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 10:44 AM Response to Original message |
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