Dow Jones at 9985

#5 Oct 14 2009 at 10:31 AM Rating: Good

__DEL__1630282721753

Sage

14,174 posts

I voted yes, but I suspect it won't. It seems pretty likely it'll go over on Thursday, though.

#6 Oct 14 2009 at 10:34 AM Rating: Good

Iamadam

@#%^

15,953 posts

This thread is dangerous... it may anger the economy.

____________________________

"I have lost my way
But I hear a tale
About a heaven in Alberta
Where they've got all hell for a basement"

#7 Oct 14 2009 at 10:47 AM Rating: Good

__DEL__1630282721753

Sage

14,174 posts

Imagine if there was a second crash right now. man, that'd be hilarious. Not going to happen, of course, but if it did, man, it'd be so funny I'd probably break down and cry.

#8 REDACTED, Posted: Oct 14 2009 at 10:53 AM, Rating: Sub-Default, (Expand Post) If you want to get a good look at the effect Obama's administration is having on the economy look at which countries are no longer buying the dollar. We're at record lows. Obama is spending like crazy and other countries understand that simply printing more money doesn't solve anything.

#9 Oct 14 2009 at 10:56 AM Rating: Good

Uglysasquatch

Soulless Internet Tiger

35,474 posts

publiusvarus wrote:

We're at record lows.

You're almost on par with $CDN. Next stop, Mexican Peso.

____________________________

Donate. One day it could be your family.

An invasion of armies can be resisted, but not an idea whose time has come. Victor Hugo

#10 REDACTED, Posted: Oct 14 2009 at 10:59 AM, Rating: Sub-Default, (Expand Post) Ugly,

#11 Oct 14 2009 at 11:03 AM Rating: Excellent

Uglysasquatch

Soulless Internet Tiger

35,474 posts

publiusvarus wrote:

Ugly,

Quote:

You're almost on par with $CDN. Next stop, Mexican Peso.

What's sad is if the socialized healthcare passes you can expect the cost of health insurance, for those who actually have it, to skyrocket. What do you think that will do to the economy?

Don't know. All I know is that after 25+ years of Universal Healthcare in Canada, we've been steadily growing and closing in on the rest of the world's "great" economies.

____________________________

Donate. One day it could be your family.

An invasion of armies can be resisted, but not an idea whose time has come. Victor Hugo

#12 Oct 14 2009 at 11:04 AM Rating: Good

Timelordwho

Unplanned

13,240 posts

Quote:

What's sad is if the socialized healthcare passes you can expect the cost of health insurance, for those who actually have it, to skyrocket. What do you think that will do to the economy?

It'll be easy to pay for in Canadian dollars.

____________________________

Just as Planned.

#13 Oct 14 2009 at 11:05 AM Rating: Good

Iamadam

@#%^

15,953 posts

publiusvarus wrote:

Ugly,

Quote:

You're almost on par with $CDN. Next stop, Mexican Peso.

What's sad is if the socialized healthcare passes you can expect the cost of health insurance, for those who actually have it, to skyrocket. What do you think that will do to the economy?

I think I see what you're getting at and I think I agree with you. I'd rather have more money in my own pocket than see fewer people die... unless of course AlGore makes a documentary about it, then I'll be screwed.

____________________________

"I have lost my way
But I hear a tale
About a heaven in Alberta
Where they've got all hell for a basement"

#14 Oct 14 2009 at 11:06 AM Rating: Excellent

__DEL__1657498899608

Guru

12,049 posts

publiusvarus wrote:

Ugly,

Quote:

You're almost on par with $CDN. Next stop, Mexican Peso.

What's sad is if the socialized healthcare passes you can expect the cost of private health insurance, for those who actually have it, to skyrocket. What do you think that will do to the economy?

Yeah, we know. The insurance companies already said they would raise their premiums. They actually said they'd raise them anyway, but they'd raise them more if healthcare reform passed, and blame it on that, while pocketing the change.

#15 ThiefX, Posted: Oct 14 2009 at 11:07 AM, Rating: Sub-Default, (Expand Post) Liberals crack me up, you guys spend most of your time ranting about the evil's of capitalism and then get all excited because the DOW may break 10,000. I wish you guys would make up your minds.

#16 Oct 14 2009 at 11:10 AM Rating: Good

__DEL__1649636418093

Sage

30,646 posts

ThiefX wrote:

Liberals crack me up, you guys spend most of your time ranting about the evil's of capitalism and then get all excited because the DOW may break 10,000. I wish you guys would make up your minds.

I don't honestly think I've ~~heard~~ seen anyone on here "ranting about the evils of capitalism."

Edited, Oct 14th 2009 12:10pm by Belkira

#17 Oct 14 2009 at 11:12 AM Rating: Good

Iamadam

@#%^

15,953 posts

ThiefX wrote:

Liberals crack me up, you guys spend most of your time ranting about the evil's of capitalism and then get all excited because the DOW may break 10,000. I wish you guys would make up your minds.

I don't suppose a 'gray area' could actually exist between far right and left, because I think I could be very comfortable there.

____________________________

"I have lost my way
But I hear a tale
About a heaven in Alberta
Where they've got all hell for a basement"

#18 Oct 14 2009 at 11:12 AM Rating: Good

__DEL__1657498899608

Guru

12,049 posts

I voted no. I figure the worst and hope for the best.

#19 Oct 14 2009 at 11:14 AM Rating: Excellent

Jophiel

Liberal Conspiracy

TILT

publiusvarus wrote:

We're at record lows.

No we're not.

Besides, we've been hitting lows for years now. When I honeymooned in Italy, it was a running joke that every day the news was "US Dollar at new low against the Euro". We were getting poorer simply by existing.

____________________________

Belkira wrote:

Wow. Regular ol' Joph fan club in here.

#20 Oct 14 2009 at 11:15 AM Rating: Excellent

Jophiel

Liberal Conspiracy

TILT

Belkira the Tulip wrote:

I don't honestly think I've ~~heard~~ seen anyone on here "ranting about the evils of capitalism."

I don't. Maybe individual corporations or industries. But then strawmen arguments don't work if you actually think about them, Belkira. Give ThiefX a break.

Edited, Oct 14th 2009 12:16pm by Jophiel

____________________________

Belkira wrote:

Wow. Regular ol' Joph fan club in here.

#21 Oct 14 2009 at 11:21 AM Rating: Good

Elinda

Skelly Poker Since 2008

16,781 posts

9997.35 +126.29â€Ž (1.28%â€Ž) Oct 14 1:20pm ET

Getting dang close.

____________________________

Alma wrote:

I lost my post

#22 Oct 14 2009 at 11:29 AM Rating: Excellent

Jophiel

Liberal Conspiracy

TILT

Quick! Someone buy a lot of stock!

____________________________

Belkira wrote:

Wow. Regular ol' Joph fan club in here.

#23 Oct 14 2009 at 11:37 AM Rating: Excellent

Samira

Will swallow your soul

29,360 posts

ThiefX wrote:

Liberals crack me up, you guys spend most of your time ranting about the evil's of capitalism and then get all excited because the DOW may break 10,000. I wish you guys would make up your minds.

Yeah, you probably haven't been paying attention at all to Virus celebrating the poor economy, and "taunting" everyone he perceives as being too liberal that under Obama the stock market is doomed to fall, fall, fall.

I'm not sure how you missed it, exactly. Selective blindness, I suspect.

____________________________

In a time of universal deceit, telling the truth is a revolutionary act.

#24 Oct 14 2009 at 11:38 AM Rating: Excellent

Jophiel

Liberal Conspiracy

TILT

If the Dow goes above 10,000 it's a sure sign of Obama's failures!

Wait for it from the usual pundits

____________________________

Belkira wrote:

Wow. Regular ol' Joph fan club in here.

#25 Oct 14 2009 at 11:40 AM Rating: Good

KTurner

Terrorfiend

12,905 posts

http://money.cnn.com/data/markets/dow/

already happened today?

#26 Oct 14 2009 at 11:42 AM Rating: Default

__DEL__1592317444463

2,892 posts

What's ironic is the dow was at 12,400 before the Dems took control of congress. They ran on the idea that the dow wasn't a true reflection of the economy and they were the only ones who could get the economy going again. And Jophed, like most other Democrats, parrotted this as much as they could to whoever would listen to them.

Quote:

When the Democrats took over the House of Representatives and the Senate back in January of 2007, the Dow Jones Industrial Average was at an all-time high of 12,400 and gas prices hovered around $2.15 per gallon. The Republican-led Congress of the previous 4-years had left a strong-economy in the hands of Socialist Democrats.

http://www.red-alerts.com/un-american-activities/democrats-tanked-our-economy/

Quote:

To take a very simplistic view of the economy, I have taken the screengrab of the Dow-Jones Industrial Average. When the Republicans took control of Congress back in 1994, after Bill Clinton tried to turn us into a socialist nation, the DJIA was hovering around 3400. In the twelve subsequent years of Republican control of Congress, the DJIA increased a WHOPPING 350%. Coupled with a plummeting unemployment rate, we enjoyed TWELVE SOLID YEARS of unprecedented economic expansion. UNPRECEDENTED IN THE HISTORY OF THE WORLD.

http://liberalsmash.blogspot.com/2009/02/comparison-dow-jones-industrial-average.html

Nobody can f*ck up an economy better than a Democrat. That's a fact.