backhoeboogie
Well-known member
hopalong said:A+- I think hurley may be right- as I see a little more confidence coming back daily into the economy....I think if this Congress can get a decent health care reform bill, long term energy bill, and some regulation on wall street thru - proving to them we truly are taking a new direction- you will see a surge in the confidence of the public as a whole and a rise in the economy that could take the DOW close to 15,000...
Currently with the political infighting and backstabbing no one knows who to believe- but if these can come to be- it will take some of the blow out of the (R) sails- which they need done after letting GW do what he did to this great country.....
And remember I told you So about the Bush Bust- and to get your money out of the market years before Bush let it crash around him.... :wink:[/quote]
If I had listened to that advice I would have lost several thousands of dollars, I didn't listen to MISS CLEO and made money :wink: :wink:
Just i didn't listen to you when you claimed there was no ammo shortage, or any of the other PREDICTIONS you made!
The minimum wage was raised approximately 10 percent during a "recession".
I remember the Carter years when we were getting cost of living increases to keep up with inflation. Everything cost more. Stores could sell a bag of sugar for say $1 and then it cost them $1.05 to replace it from the warehouse stock. They raise the prices to $1.25 and then the next replacement bag cost $1.45. A whole lot of maw and paw grocery stores went under. It wasn't just sugar folks, it was everything. This is just fact.
Pay grades at work were raised at the place I work this week. Most folks jumped a pay grade. Inflation is coming.
When I heard Obama's discussion on capital gains and Pelosi was licking her lips on taking people's 401K's for California, I baled out of the stock market. I also rolled all of my 401K over to interest bearing accounts. A month later I regretted it because I would have made money had I stayed. Two weeks after that the bottom fell out of the stock market. The election had not even happened yet but we all knew Bush was out. You had your choice of a liberal or a liberal.
Old Timer is blaming Bush for the stock market crash. I wonder how much he has invested in the stock market
Inflation is coming. Let me say that again, inflation is coming. The signs are already there.
The measures that were implemented to curb gasoline prices brought prices back down. Obama negated those measures and gasoline prices have started doing what they did before the legislation was passed.
Wake up and smell the coffee.