OldCoyote
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Post by OldCoyote on Jul 28, 2019 19:11:49 GMT -5
I like this one:
DJIA under Obama through July 19, 2011 UP 58.35%...while "waterboarding the American economy" according to the chronically incorrect. under Trump up 36.99% Wasn't the Fed dumping 750 million $$$$$$$$$$$$$ a month into the economy, during this time?
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countrygirl2
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Post by countrygirl2 on Jul 28, 2019 20:37:35 GMT -5
I know here foreclosures has suddenly started flooding the market, haven't seen this in a long time. We may be looking at one tomorrow but I told hubs if its doing that now there will be more. Something is happening, people either aren't making enough money or are losing jobs. It's odd here on the one hand restaurants seem to do well. In the city bunches of stores closed. Our renter is having problems finding school clothes except at Walmart. Yet TJ Maxx is moving a store from one place to another and Dress for Less is coming in, junk but still stores. And a new Menards. I hear a lot though of the younger and middle aged complaining about money. People our age have done well for the most part and supply the prosperity around here. That spells doom for the future.
If its growing its not here.
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countrygirl2
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Post by countrygirl2 on Jul 28, 2019 20:39:38 GMT -5
trump just dumped a trillion for the wealthy into the economy.
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dondub
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The meek shall indeed inherit the earth but only after the Visigoths are done with it.
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Post by dondub on Jul 28, 2019 21:21:42 GMT -5
It was kind of amazing how all the people on this board who bitched about the terrible Obama economy suddenly found the economy to be stellar just a few months after Trump got elected.
Same damn economy - and been the same for the last couple years, and yet Trump tries to claim he did it all himself.
When the inevitable recession hits, let's watch Trump try to explain how that was just a delayed reaction to Obama's waterboarding....
You thought it was ok then, we think t is ok now,, what is the difference. We thought it was ok then and we think it is ok now. You think it is ok now. See the missing link yet?
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djAdvocate
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Post by djAdvocate on Jul 29, 2019 0:17:00 GMT -5
I like this one:
DJIA under Obama through July 19, 2011 UP 58.35%...while "waterboarding the American economy" according to the chronically incorrect. under Trump up 36.99% Wasn't the Fed dumping 750 million $$$$$$$$$$$$$ a month into the economy, during this time? during what time? early 2009?
yes. this was under the Bush administration, and the stock market lost 50%
sometimes it doesn't matter how much you throw into the economy.
sometimes even $1 is more than is needed.
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djAdvocate
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Post by djAdvocate on Jul 29, 2019 0:18:23 GMT -5
Dj I believe that Forbes has already been classified as “left leaning media” or “fake news” already so don’t expect anybody to believe that. If Conservative Treehouse doesn’t publish it then it is not news!😂 Forbes is so right wing that I rarely post them. but I made an exception, given the audience.
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tbop77
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Post by tbop77 on Jul 29, 2019 5:34:44 GMT -5
It was kind of amazing how all the people on this board who bitched about the terrible Obama economy suddenly found the economy to be stellar just a few months after Trump got elected.
Same damn economy - and been the same for the last couple years, and yet Trump tries to claim he did it all himself.
When the inevitable recession hits, let's watch Trump try to explain how that was just a delayed reaction to Obama's waterboarding....
You thought it was ok then, we think t is ok now,, what is the difference. The difference is you bitched and moaned about every penny President Obama spent.
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OldCoyote
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Post by OldCoyote on Jul 29, 2019 8:54:27 GMT -5
Wasn't the Fed dumping 750 million $$$$$$$$$$$$$ a month into the economy, during this time? during what time? early 2009?
yes. this was under the Bush administration, and the stock market lost 50%
sometimes it doesn't matter how much you throw into the economy.
sometimes even $1 is more than is needed.
Under Bush's watch?? Geeeeees, Wonder why Obama's economy grew,, Since the end of the financial crisis in 2008-2009, the US Federal Reserve has been, essentially, printing money to boost the US economy. Who would have ever thought?
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OldCoyote
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Post by OldCoyote on Jul 29, 2019 9:05:07 GMT -5
You thought it was ok then, we think t is ok now,, what is the difference. The difference is you bitched and moaned about every penny President Obama spent. Yes, I did.
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djAdvocate
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Post by djAdvocate on Jul 29, 2019 10:30:29 GMT -5
during what time? early 2009?
yes. this was under the Bush administration, and the stock market lost 50%
sometimes it doesn't matter how much you throw into the economy.
sometimes even $1 is more than is needed.
Under Bush's watch?? you asked about the huge cash infusion into the economy.
Obama was a SENATOR when that happened.
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tbop77
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Post by tbop77 on Aug 1, 2019 4:38:49 GMT -5
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tbop77
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Post by tbop77 on Aug 3, 2019 5:45:39 GMT -5
What happened to President Trump? And all the conservative outrage about the debt? MAGAnomics is sure different than was promised. Trump hyped up the budget deal in a tweet, telling Republicans to "go for it" and assuring them that "there is always plenty of time to CUT!"
Senate Majority Leader Mitch McConnell, R-Ky., spoke on the Senate floor Thursday morning to call on his caucus to pass the bill.
"This is the agreement the administration has negotiated, this is the deal the House has passed, this is the deal President Trump is waiting and eager to sign into law, this is the deal that every member of this body should support when we vote later this morning," McConnell said.
www.msn.com/en-us/news/politics/senate-passes-2-year-budget-deal-sending-bill-to-trump/ar-AAFbIAi
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Aug 5, 2019 11:54:43 GMT -5
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happyhoix
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Post by happyhoix on Aug 5, 2019 12:56:38 GMT -5
Update: Down dive 700 points after China retaliates in trade war. www.msn.com/en-us/money/markets/stocks-plunge-after-china-retaliates-in-trade-war/ar-AAFlytq
“Now we have a trade situation that is going off the rails as the side effects multiply due to the ramping up of the use of tariffs and we are only further apart from any resolution with the Chinese,” said Peter Boockvar, a chief investment officer at Bleakley Advisory Group. “The policy of using tariffs as a tool to address our legitimate beefs with the Chinese has failed miserably.”
MAGA
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djAdvocate
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Post by djAdvocate on Aug 5, 2019 13:54:52 GMT -5
it's great for me. I am sitting on an 18 month high this morning.
but I am a negative beta investor.
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NastyWoman
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Post by NastyWoman on Aug 5, 2019 14:00:19 GMT -5
Update: Down dive 700 points after China retaliates in trade war. www.msn.com/en-us/money/markets/stocks-plunge-after-china-retaliates-in-trade-war/ar-AAFlytq
“Now we have a trade situation that is going off the rails as the side effects multiply due to the ramping up of the use of tariffs and we are only further apart from any resolution with the Chinese,” said Peter Boockvar, a chief investment officer at Bleakley Advisory Group. “The policy of using tariffs as a tool to address our legitimate beefs with the Chinese has failed miserably.”
MAGA By now the DOW is down ~865. More MAGAnomics?
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Gardening Grandma
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Post by Gardening Grandma on Aug 5, 2019 14:16:43 GMT -5
Update: Down dive 700 points after China retaliates in trade war. www.msn.com/en-us/money/markets/stocks-plunge-after-china-retaliates-in-trade-war/ar-AAFlytq
“Now we have a trade situation that is going off the rails as the side effects multiply due to the ramping up of the use of tariffs and we are only further apart from any resolution with the Chinese,” said Peter Boockvar, a chief investment officer at Bleakley Advisory Group. “The policy of using tariffs as a tool to address our legitimate beefs with the Chinese has failed miserably.”
MAGA By now the DOW is down ~865. More MAGAnomics? Are we great yet?
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kadee79
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S.W. Ga., zone 8b, out in the boonies!
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Post by kadee79 on Aug 5, 2019 15:28:37 GMT -5
Let's see...if you are making $10 hr...a 5.5% increase would be a whole $22 a week IF you are working 40 hrs. & not just part time. Then how much of that will go to increased taxes? How much to increase insurance premiums or increased prices for meds....so how much did they actually gain with that big 5.5%? And I didn't even touch on increase grocery prices...those are up too!
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djAdvocate
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Post by djAdvocate on Aug 5, 2019 15:29:40 GMT -5
By now the DOW is down ~865. More MAGAnomics? Are we great yet? the dow was down 1000, but recovered. closed down 800.
MAGA!
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Gardening Grandma
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Post by Gardening Grandma on Aug 5, 2019 16:15:18 GMT -5
Let's see...if you are making $10 hr...a 5.5% increase would be a whole $22 a week IF you are working 40 hrs. & not just part time. Then how much of that will go to increased taxes? How much to increase insurance premiums or increased prices for meds....so how much did they actually gain with that big 5.5%? And I didn't even touch on increase grocery prices...those are up too!What really pisses me about the grocery price increase is the sneakiness of it. Yeah, the box is the same size, the price is the same size, but if you look at the contents, it's fewer units (ounces, grams whatever) A package of coffee used to be one pound. Now a package is 12oz (or 11 oz or 10 oz). A small container of yogurt used to be 8 oz. Now it's 5 oz or 6 oz... Why not be honest and just keep the labels and package weight and just post the price increase.
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Aug 5, 2019 16:48:47 GMT -5
Let's see...if you are making $10 hr...a 5.5% increase would be a whole $22 a week IF you are working 40 hrs. & not just part time. Then how much of that will go to increased taxes? How much to increase insurance premiums or increased prices for meds....so how much did they actually gain with that big 5.5%? And I didn't even touch on increase grocery prices...those are up too!What really pisses me about the grocery price increase is the sneakiness of it. Yeah, the box is the same size, the price is the same size, but if you look at the contents, it's fewer units (ounces, grams whatever) A package of coffee used to be one pound. Now a package is 12oz (or 11 oz or 10 oz). A small container of yogurt used to be 8 oz. Now it's 5 oz or 6 oz... Why not be honest and just keep the labels and package weight and just post the price increase. Sizeflation has been going on for years.
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Aug 5, 2019 16:51:02 GMT -5
the dow was down 1000, but recovered. closed down 800.
MAGA!
It wasn't down for any really good reason. Nice buying day though. I've been waiting to pick up some AAPL-- it was a nice day for that-- down over 5% at the time my order was executed.
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Gardening Grandma
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Post by Gardening Grandma on Aug 5, 2019 17:56:33 GMT -5
“No good reason” ?? China decided Monday to meet President Donald Trump’s latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S. farm products. The moves, which came four days after Trump threatened more taxes on Chinese imports, knocked stock markets worldwide into a tailspin. On Wall Street, the Dow Jones Industrial Average was down more than 850 points by mid-afternoon. www.pbs.org/newshour/economy/lashing-back-china-lets-yuan-drop-and-halts-u-s-farm-purchases
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tallguy
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Post by tallguy on Aug 5, 2019 17:59:10 GMT -5
the dow was down 1000, but recovered. closed down 800.
MAGA!
It wasn't down for any really good reason. Nice buying day though. I've been waiting to pick up some AAPL-- it was a nice day for that-- down over 5% at the time my order was executed. True. It was down because the president is a f***ing idiot. That is about as bad a reason as I can think of.
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djAdvocate
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Post by djAdvocate on Aug 5, 2019 18:05:17 GMT -5
It wasn't down for any really good reason. Nice buying day though. I've been waiting to pick up some AAPL-- it was a nice day for that-- down over 5% at the time my order was executed. True. It was down because the president is a f***ing idiot. That is about as bad a reason as I can think of. it was down because trade wars are bad for US businesses in the long run, and US consumers in the short run. puncturing consumer spending is a really bad economic strategy.
but it is a great political strategy. and, weirdly, Trump is a very political creature, despite his "background".
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djAdvocate
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Post by djAdvocate on Aug 5, 2019 18:09:27 GMT -5
Let's see...if you are making $10 hr...a 5.5% increase would be a whole $22 a week IF you are working 40 hrs. & not just part time. Then how much of that will go to increased taxes? How much to increase insurance premiums or increased prices for meds....so how much did they actually gain with that big 5.5%? And I didn't even touch on increase grocery prices...those are up too!What really pisses me about the grocery price increase is the sneakiness of it. Yeah, the box is the same size, the price is the same size, but if you look at the contents, it's fewer units (ounces, grams whatever) A package of coffee used to be one pound. Now a package is 12oz (or 11 oz or 10 oz). A small container of yogurt used to be 8 oz. Now it's 5 oz or 6 oz... Why not be honest and just keep the labels and package weight and just post the price increase. we keep focusing on microscopic aspects of the economy. it is the kind of thing that Obama was criticized roundly for.
don't get me wrong. I love blue collar workers. I work in manufacturing. but we are an endangered species in the US. we don't represent the vast majority of Americans, who are struggling to move ahead, and have been for nearly 3 decades.
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djAdvocate
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Post by djAdvocate on Aug 5, 2019 18:11:35 GMT -5
and again, just to be clear- Trump's economic policies are great for me. since I buy and produce domestic product, and I am a 5%-er, everything he does is pretty much for my benefit. so I am not complaining about the economics.
but most others should be. including those that voted for him.
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thyme4change
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Post by thyme4change on Aug 6, 2019 12:40:37 GMT -5
I lost $60,000 in the past week.
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djAdvocate
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Post by djAdvocate on Aug 6, 2019 13:45:28 GMT -5
I lost $60,000 in the past week. my sympathies, thyme. I mean it. seriously.
I am a mega-bear, so I am largely invested in basic materials stocks. the industrial metals are doing poorly, but the precious metals are doing great. so, I am kinda where I was (18) months ago. hard hedged.
it doesn't really do me any good when the market is up. but it does wonders when the market is down.
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ken a.k.a OMK
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They killed Kenny, the bastards.
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Post by ken a.k.a OMK on Aug 6, 2019 14:31:57 GMT -5
I lost $60,000 in the past week. I lost $130k in the last week.
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