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Dow up!!!!

Larrry

Well-known member
As long as the government keeps borrowing the true state of the economy is hidden. But when the bill comes due, you better watch out.
 

hypocritexposer

Well-known member
initial-unemployment-filings-apr15shortandquotes.gif
 

Mike

Well-known member
Texan said:
Bump. There were some really good quotes in this one. :lol:

OT's one about Bush telling the "Regulators" to take an "8 year coffee break" thoroughly intrigues me. He made it up and thinks it the truth? :lol:

I don't think he knows the "Fed" is the main U.S. bank regulator. :lol:

Just read a few of their "Banking Regulations":

http://www.federalreserve.gov/bankinforeg/reglisting.htm
 

Steve

Well-known member
It's ok... Obama is going to take a bus tour of the states and make Jobs his number one priority again.

jobless-rate-soars-obama-frontpage.jpg
Obama administration officials on Sunday warned that the public shouldn’t expect any dramatic improvement in the jobless rate,..

wow.. remember when the jobless rate was only 8.1%.,..



jobless_thank_obama_bumper_sticker-p12804405052148662383h9_325.jpg


so much for that hopey changy thing...
 

Bullhauler

Well-known member
Well the dow is back up to where it was before the Bush bust now. GM had their highest profits ever in 2011. Chrysler has paid up all of their bailout money already. When I sold steers in January my check was $30,000 bigger then my 2011 check. Same number of steers sold at same time and same weight. Oh and 2011 was the best year ever too until 2012 came along.

Why is it that if you are a Republican you can't say anything good about the economy if a Democrat is president?
:D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D
 

hypocritexposer

Well-known member
Bullhauler said:
Well the dow is back up to where it was before the Bush bust now. GM had their highest profits ever in 2011. Chrysler has paid up all of their bailout money already. When I sold steers in January my check was $30,000 bigger then my 2011 check. Same number of steers sold at same time and same weight. Oh and 2011 was the best year ever too until 2012 came along.

Why is it that if you are a Republican you can't say anything good about the economy if a Democrat is president?
:D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D


GM had their highest profits and they paid less tax than Buffett's secretary. That's a good thing, isn't it? :lol: :lol: :lol: :lol:
 

hypocritexposer

Well-known member
Some more good news for you Bullhauler.

Most of the movement is based on future projections. With everything at, or near, rock bottom, they are bound to go up in Nov. when obama loses re-election. Looks like investors are counting on a Republican president in the new year.....

"buy low, sell high"
 

TSR

Well-known member
I heard on the news the other day that the unemployment rate would again rise,this statement by an independent agency. The current administration didn't deny this, saying it will take time to get out of this mess. Why don't all of you tell the Rep.'s about all this as all of them running for the presidency say the drop in the unemployment rate is good news for the country but they can do better. BTW Rasmussen polls show Obama can currently beat the top three challengers pretty easily. Personally, I'm not sure that I wouldn't prefer to be behind in the polls at this time. Having said all this, I still long for an Independent that can challenge both partys as sometimes I think both are conspiring with big business to control the world. Question is, would an Independent be any different?
 

Larrry

Well-known member
Bullhauler said:
Well the dow is back up to where it was before the Bush bust now. GM had their highest profits ever in 2011. Chrysler has paid up all of their bailout money already. When I sold steers in January my check was $30,000 bigger then my 2011 check. Same number of steers sold at same time and same weight. Oh and 2011 was the best year ever too until 2012 came along.

Why is it that if you are a Republican you can't say anything good about the economy if a Democrat is president?
:D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D :D

Hurry and go tell the 16% percent of the population that doesn't have a job how good things are. I am sure they wouldlove to hear how good things are.
 

TSR

Well-known member
Seems to me somebody needs to tell the Rep.'s about this 16%. as none seem to acknowledge it that are running for pres.
 

Mike

Well-known member
Chrysler has not paid all of their bailout money. They're short $1.3 Billion.
Plus, now they're owned by Fiat.

GM is still 1/3 owned by the U.S. Government and needs to borrow $25 Billion to upgrade but cancelled their loan request from the US DOE. We will never be paid what they owe us.

Things aren't nearly as rosey as they seem................
 

Larrry

Well-known member
TSR said:
Seems to me somebody needs to tell the Rep.'s about this 16%. as none seem to acknowledge it that are running for pres.

Come on you know better than that. You know the true figure of people that do not have jobs is around the 16. The official is less because of the way they calvulate it. but then you knew that, at least I hope you are smart enough to figure the true figure out. You are smart aren't you?
 

TSR

Well-known member
Larrry said:
TSR said:
Seems to me somebody needs to tell the Rep.'s about this 16%. as none seem to acknowledge it that are running for pres.

Come on you know better than that. You know the true figure of people that do not have jobs is around the 16. The official is less because of the way they calvulate it. but then you knew that, at least I hope you are smart enough to figure the true figure out. You are smart aren't you?

Does this mean the Rep. candidates aren't smart as I haven't heard any of them emphasize it???
 

Larrry

Well-known member
TSR said:
Larrry said:
TSR said:
Seems to me somebody needs to tell the Rep.'s about this 16%. as none seem to acknowledge it that are running for pres.

Come on you know better than that. You know the true figure of people that do not have jobs is around the 16. The official is less because of the way they calvulate it. but then you knew that, at least I hope you are smart enough to figure the true figure out. You are smart aren't you?

Does this mean the Rep. candidates aren't smart as I haven't heard any of them emphasize it???

it meens they are going along with the figure that is standardized because the leftwing media would come unhinged if they talked over the leftwingersshead. So do you see that the figure that the media uses is not the actual people who don't have a job? I am sure you are smart enough to know the difference in the two figures. Do you know the difference?
 
A

Anonymous

Guest
Updated 5:16 pm ET Feb 16 My quotes
Indexes Dow 12,904.08 (+0.96 %) +123.13
Nasdaq 2,959.85 (+1.51 %) +44.02
S&P 1,358.04 (+1.10 %)

..13,000 is next Dow milestone, with record in sight
Dow within reach of 13,000, and an all-time high isn't far beyond; 'the mood is just better'

By Christina Rexrode, AP Business Writer | Associated Press – Wed, Feb 8, 2012 6:17 AM EST


NEW YORK (AP) -- It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession.

Now the Dow is within reach of the rarefied 13,000 mark — a level it hasn't seen since May 2008, four months before the financial system almost came apart.

A strong one-day rally — caused by a deal on bailout money for Greece, perhaps, or an unexpectedly positive economic report — could put it over the top.

What's more, the average is just a 10 percent rally from an all-time high. And 10 percent rallies can happen fast these days.

The stomach-turning summer is a bad memory. Europe appears to be getting its act together, last summer's downgrade of the U.S.' credit rating was quickly forgotten, Washington is mostly behaving, and recession fears are gone.

"There are signs that the economy is getting back on its feet and the market is reacting to that," says John Prestbo, executive director of Dow Jones Indexes. "The mood is just better in this country than it has been for a while."

On Wall Street, too. The Dow traded Tuesday at 12,878, a 21 percent rally from Oct. 3, its low point for last year. In January, the average rose more or less in a straight line and added 3.4 percent, its best start to a year since 1997.

From here, the record is tantalizingly close — 14,164.53, reached Oct. 9, 2007, when the investment houses Bear Stearns and Lehman Brothers still existed and the unemployment rate was 4.7 percent.

A 10 percent surge may seem like a lot, but it's really not. The Dow has gained almost 15 percent since Nov. 25, just 10 weeks ago.

Though there's a long way to go to get the country back to economic health, there are pockets of encouragement. Unemployment is still 8.3 percent, but it's the lowest since February 2009. Economic output grew every quarter last year.

Corporate earnings growth has slowed, but analysts think it will pick up again later this year. Investors, always wary of uncertainty, may even be encouraged by some clarity in the Republican presidential nominating race.

Investors are no longer just trying to stem their losses, says Mark Lehmann, president of JMP Securities in San Francisco: "They're playing a little offense. Six months ago, they were playing defense."

There's evidence that the rally has room to run. In a popular measure of how expensive stocks are, the 30 companies that make up the Dow are trading at an average of about 13 times their annual earnings per share.

The last time the Dow was at 13,000, in May 2008, stocks were trading for about 15 times earnings. Stock-market research firm Birinyi Associates estimates Dow stocks have traded at an average of 16 times earnings over the past two decades.

The fire-sale discounts have already come and gone, though. Those were back in early 2009, when the Dow bottomed at 6,547.05, its Great Recession low — a little more than half the level now. Back then, Dow stocks traded at nine times earnings.

The naysayers hoping to find a way to make the country fail rather than have Obama relelected-- better go find another way to bankrupt the country or Obama may get a walk in for 4 more years...
 

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