DOW UP 40 POINTS IN PAST MONTH... UP 18% PAST 5 YEARS... UP 44% PAST 10 YEARS.

[spartyonbeale]

Originally Posted by InTenSity

you fail as a troll.

What does that mean..dude step up with facts or something other than "troll"...what the heck is that...is that the liberal argument to facts?

Wow great job with the "troll"...so profound.

[Home for the Holidays]

I hasn't been good, but not sure how it will get better if the dems get control to fix the following evil industries, oil and gas, energy services, financial services, drug, insurance, health care, Wal-Mart and fast food.
I'm sure there are a few I am missing.

[Jack78]

Originally Posted by InTenSity

you fail as a troll.

As a Spartan, you have to pray THIS is true.

[spartyonbeale]

Originally Posted by Jack78

As a Spartan, you have to pray THIS is true.

As a fellow Spartan...

I would only hope it is TRUE you invested in the Stock Market under President George W Bush....

[InTenSity]

Originally Posted by spartyonbeale

What does that mean..dude step up with facts or something other than "troll"...what the heck is that...is that the liberal argument to facts?

Wow great job with the "troll"...so profound.

Is this the conservative way with dealing with constructive criticism? I can hit back with meaning less diatribe. I'm sure after 8 years, you must be thrilled to be up less than 1% from the last 8 years.

Since I have no money in the markets, I can arbitrarily make up numbers. But if you are up 100 points from 8 years ago and it was 11k then or around that, 1% sounds about right. Glad you are happy with that. Most people I talk to are down about 15% for the past four years.

[spartyonbeale]

Originally Posted by InTenSity

Is this the conservative way with dealing with constructive criticism? I can hit back with meaning less diatribe. I'm sure after 8 years, you must be thrilled to be up less than 1% from the last 8 years.

Since I have no money in the markets, I can arbitrarily make up numbers. But if you are up 100 points from 8 years ago and it was 11k then or around that, 1% sounds about right. Glad you are happy with that. Most people I talk to are down about 15% for the past four years.

"arbitrarily make (made) up numbers" . Is that the way you deal with facts...just call them "arbitrarily".

I guess you hangout with a REAL ODD statistical group of people...if they are "down about 15% for the past four years". I wouldn't investment take any advise from those "people".

[InTenSity]

Originally Posted by spartyonbeale

"arbitrarily make (made) up numbers" . Is that the way you deal with facts...just call them "arbitrarily".

I guess you hangout with a REAL ODD statistical group of people...if they are "down about 15% for the past four years". I wouldn't investment take any advise from those "people".

You are a troll!!!

Last year the market was around 14k or so, now it is floating between 10.5, to 11.5k.

I'm just glad that you made 1% on the market while my money was making 5% in a money market.

I misspoke when I said down 15% for the last 4 years. And that is my bad, they are down 15%-20% this year. But that was my parents retirement fund. No worries they will continue to vote republican.

[wrigleyville spartan]

Originally Posted by WBill

I hasn't been good, but not sure how it will get better if the dems get control to fix the following evil industries, oil and gas, energy services, financial services, drug, insurance, health care, Wal-Mart and fast food.
I'm sure there are a few I am missing.

Really humor me.

Have you been reading the recent stories on Oil and Gas and the incredible corruption at the Department of Interior. Tell me how government workers doing drugs and sleeping with Oil Execs could get worse. Oh yeah negotiating contracts and then renegotiating after they were signed. Well guess what that was happening.

Financial Services? - You are kidding right we are in the middle of giving the Financial Industries a ONE TRILLION DOLLAR PAYOUT! Thus this is already socialized by any definition.

Drug Companies - Are anti-competition otherwise why can't we get generics in the U.S.

Healthcare - Obamas Plan is everyone pays into the system. How is that Socialized.

Great talking points but yet again no substance behind them at all.

-WS

[Golfnut]

Are you ****ing kidding me you dumb ass conservatives? Let's see how many of you are shooting off your ****ing loud mouths at the end of this week when the Dow drops over 1000 points.

[Jack78]

Originally Posted by spartyonbeale

"arbitrarily make (made) up numbers" . Is that the way you deal with facts...just call them "arbitrarily".

I guess you hangout with a REAL ODD statistical group of people...if they are "down about 15% for the past four years". I wouldn't investment take any advise from those "people".

This right here is the funny trolling part ...

Originally Posted by spartyonbeale

GOD Bless the Bush years!!!!

... as RH commented, the actual performance on his watch has been abysmal ... we are now all socialists waiting and hoping the expected worsening financial market doesn't occur.

[Mitch C.]

Originally Posted by spartyonbeale

GOD Bless the Bush years!!!!

The DJIA rose steadily during the Clinton Presidency from 3300 in Jan 1993, to 11,500 by December 1999, before settling back at 10,600 by the time Bill Clinton left office.

The average was about 10,500 when Bush took office, Except for the last two days, it was where it was almost 8 years ago. On 9-17-08, the DJIA finished about 50 points lower than it did when Bush took office.

Bush sucks.

The 15,000 richest families in America got 25 percent of the income growth, and the median household income was 0.6 percent lower in 2007 than in was in 2000. And all these figures were calculated before the turmoil of 2008 and the chaos of the past week.

Not only did the middle class suffer, but people actually fell out of the middle class and into poverty during the Bush years. 5.7 million more Americans lived in poverty in 2007 than in 2000. Six million more Americans are uninsured. The bottom line is that most Americans have suffered under the Bush economy. Now Wall Street is suffering, too.

[Last Post]

Originally Posted by InTenSity

Ok, lemme get this right. The right calls for less government, and the markets were supposed to prosper under less government regulation.

The dow rebounds under word that the government is going to bail them out? I don't get it, the right says that the government needs to be smaller and out of the way of business and then the markets react when the government is saying it is going to bail them out. WTF? Why is the gov't suddenly the savior? I thought they got in the way of free markets? Why is there suddenly enough faith in the gov't to make this rebound? Where is this money coming from? Am I now an indentured servant to the ****ing CEO's who ****ed this up?

Honestly I don't get it, and again I don't give a **** about which side presents their side. But for the last 8 years it is, get the gov't out of the way of business and more into the private sector. But then bad investments are made and free markets no longer exist? Oh and I don't want to hear the BS about all the people who couldn't actually afford the houses they thought htey could buy, cuz there is always a salesman on the other side pushing for that commission check. That is both sides fault and if ARM's weren't explained outright to most of these people, whose fault is that? GDI, WTF is wrong with making only 50 million dollars? Why the hell do you need to push the envelope and make 300 million? Those are arbitrary numbers, but did greed take over or what?

BTW I'm very uninformed, but if this is how unregulated free markets work, they are no better than communism, there is always a human element involved that makes theories suck.

Actually the worst ppl to put into gov't are the republicans that despise gov't. There's video of Dumbya making fun of the "taxpayers". As if he's in on a little secret about fleecing the public.

Is it any surprise that under Dumbya and Cheney that Halliburton execs and stockholders made tons of money? That oil companies made tons of money? And that the gov't overall is bankrupt beyond belief while bailing out financials?

Remember, Bush got re-elected because "this nation has more wealth now than ever before". Of course that was based on inflated housing prices. Prices that were artificial because his boy Greenspan dropped borrowing rates to around 1%.

[AbbottHallAbsyntheDrinker]

Originally Posted by spartyonbeale

GOD Bless the Bush years!!!!

Meanwhile, the S & P 500, has declined 14% since Bush took office....

[Spy vs. Spy]

Originally Posted by GRR Spartan

Only beale would see positives in a market that required the largest government bailout even seen.

Exactly. Any high school economics student could tell what an incredibly shortsighted theory this is. I had to read his post three times and I'm still not positive he's just not pulling people's chains.

This reminds of a comment I heard from some drunk Clinton basher at a bar who wanted to argue with people about the nation debt. He was tired of hearing about people blaming Reagan and Bush 41 for their parts and suggested "America just print more money to pay the damn thing off and start the slate clean."

Kinda the same lines of thinking.

The really sad part about it is this is the level of intelligence of the voter who will be electing the most powerful person in the world into office in just over a month.

This country is ****ed.

[RH Spartan]

The Dow lost about 10% of its value since this gem of a post.

[ninowesco]

"Is it any surprise that under Dumbya and Cheney that Halliburton execs and stockholders made tons of money? That oil companies made tons of money? And that the gov't overall is bankrupt beyond belief while bailing out financials?"

no, it's not

[G Norm Oosdyk]

Originally Posted by GRR Spartan

Only beale would see positives in a market that required the largest government bailout even seen.

Uh, GRR, the "bailout" really isn't a "bailout". What it is is the "purchase" of mortgages - some good, some bad - to get the financial system stabilized and back working together to share capital, provide credit, etc.

Therefore, the government is going to buy the mortgages, consolidate some, and sell off the underlying real estate for the bad loans.

Assuming it is done professionally, the out-of-pocket cost for the government is -0-.

Sorry to brighten your otherwise gloomy day.

[GRR Spartan]

Norm, you are suffering from a severe case of cranial rectosis if you see any silver lining in the last 2 to 3 weeks economic activity.

We are being funded by the Chinese. Over the weekend there was a mini run where English citizens were moving their money to Ireland. Now France and Spain are worried that they will have a similar problem with Germany.

I didn't call it a bailout. Your hero, Bush2 called it a bail out. Me and the English speaking world now refer to it as a bail out.

[Enrico Palazzo]

Originally Posted by spartyonbeale

GOD Bless the Bush years!!!!

Nicely done, beale! Perhaps you should ask Palin and her pastor to pray the idiocy away instead.

[RH Spartan]

Originally Posted by G Norm Oosdyk

Uh, GRR, the "bailout" really isn't a "bailout". What it is is the "purchase" of mortgages - some good, some bad - to get the financial system stabilized and back working together to share capital, provide credit, etc.

Therefore, the government is going to buy the mortgages, consolidate some, and sell off the underlying real estate for the bad loans.

Assuming it is done professionally, the out-of-pocket cost for the government is -0-.

Sorry to brighten your otherwise gloomy day.

This is a little misleading - they are buying bonds that are secured by mortgages. They aren't going to sell any property (although the company servicing the mortgages may be). They aren't going to buy individual mortgages.

And if we are lucky - the out-of-pocket cost may not only be zero - we may make a profit.

[MSU316L]

Originally Posted by spartyonbeale

4sure....where are all the liberals. They sure went nuts on Monday and Tuesday...when EMOTIONS where high...but FACTS destroy liberal arguments.

This is just another example...

Facts ... hmmm facts ...

Another example of another Pub blinded by the facts.

Eat it.

[ChicagoMark]

This thread is BS. To measure the Bush years you start from 01/20/2001. On that day the S&P 500 (broad index) was about 1350. Today it closed at 1056. a loss of close to 300 points or 22%. Not a good return for 7.6 yrs.

Therefore, the government is going to buy the mortgages, consolidate some, and sell off the underlying real estate for the bad loans.

Assuming it is done professionally, the out-of-pocket cost for the government is -0-.

This quote is just flat out wrong. We will eat the difference between the loan amount and the value of the real estate. Paulson wants the loans paid at top dollar. This will cost trillions.