Right now, the Dow is down by about 29 points, one day after the Democrats win back the House and probably the Senate.
Update: Rush just made a great point that I wanted to share. Even though the unemployment rate is a mere 4.4% and the stock market is at an all time high, both of which occurred under the Republican’s and President Bush’s watch, the MSM perpetuated the idea that the economy was in trouble. However, now that the Dems are in charge of Congress, be prepared for the MSM to start reporting on all the good economic news. Suddenly there will be news stories about how Americans are feeling so much more upbeat about their economic circumstances.
Of course it is…
Yeap, there’s some REAL excitment in the market today after yesterday’s great news. In fact, I only have 3 stocks that are down more that 20%. By Golly, Perot DOES hear a sucking sound! It’s investments leaving companies. Jobs will follow that sucking sound straight to china.
As I write, it’s down a little over 33 points or .27%.
So what? Statistically, that’s just noise.
Perhaps it’s the result of all of the wingnuts selling their shares of Haliburton and Exxon – lol!
What’s sad is how badly conservatives want the stock market to crash – big time. It’s evident in this post and comments, and I”m sure we’ll see more examples.
That’s sick – conservatives who want to harm their fellow Americans are sick, sick, sick. Keep the Republican clowns out of the White House in ’08 – it’s time for a change.
To The American People,
You are my very excellent bitches. You have made the right choices and the jihad loudly applauds you. Do not regret your decision, for it was inevitable and predestined by Allah in times past. Your sons & daughters in the military will never again be safe. But, what is that to you? You have decided for the greater good of Allah. Shhhhhh. Now sleep. Sleep and dream of the days of that great American leader, Bill Clinton. Drive thoughts and concerns of the Cole, the WTC (both times), and US embassies from the furthest reaches of your minds. We will only test you for a little while and then you will embrace Allah or you will welcome death.
Osama bin Laden
Lee, you’re whacked if you think I want the market to crash. My God, 80% of the American people have an interest in the stock market. What’s wrong with you?
Unfortunately, Lee, many of those 80% voted against their own economic best interests. That was my point.
Gee Kim. That shoe on the other foot really sucks, doesn’t it? (Ever heard from the Right-wing that Dems want terrorists to win?)
BTW, are you saying 80% of Americans are CEOs?
Laughable.
The stock market USED TO reflect wealth for the common American. That is no longer the case.
Do you want proof?
What % has the stock market gone up (after inflation) since 1970?
Now, what % has wealth of the average american gone up (after inflation) since 1970?
There’s your proof.
Lee, you’re terrible. Why do you try to twist the words of those who don’t share your beliefs? We don’t want the stock market to dive, at all. As one of your liberal pals pointed out (by accident) though, was that a Democrat-controlled Congress would very likely be very bad for the economy and the stock market. We are afraid such a scenario might occur. It’s true concern for others, Lee. You should take some time away from viscious manipulation and give it a try sometime.
“What’s sad is how badly conservatives want the stock market to crash”
No. just logic and common sense as the Benedict Party smothers the economy.
It’s now about 1:00 EST. The Dow, NASDAQ, and S&P 500 are all within .1% of yesterdays close.
The market seems to be giving the election a resounding “So what?”
Lee, you’re whacked if you think I want the market to crash. My God, 80% of the American people have an interest in the stock market. What’s wrong with you?
Oh good grief, let the memory loss and hypocrisy begin! (Or is that “continue”?) Just yesterday this blog was filled with suggestions that the Dems want the terrorists to win. I don’t recall you telling those posters they’re “whacked”, even though 100% of the American people have an interest in security. What’s wrong with you?
Robert,
Without businesses there is no economy.
Without an economy, there are no jobs.
Think Robert, think!
I know little about the market..but simply being aware demonstrates that with the real estate market tanking..(you can only flip and grab so long before it just gets too pricy)so these folks started going back to the market buy stuff and prices rise..
If prices rise..well of course folks sell..
..Also the last couple of months are always sell months..(you know taxes etc)tying stock prices going down to Dems victory might be premature and just perhaps a spin…however with Rumsfield stepping down..that will have a negative empact
“Lee, you’re whacked if you think I want the market to crash. My God, 80% of the American people have an interest in the stock market. What’s wrong with you?”
Keep posting remarks every time the Dow drops a 1/4 of a percent, Kim. That’ll help create the kind of panic you Republicans want right now.
You guys are acting like children… it’s sickening.
Lee said: What’s sad is how badly conservatives want the stock market to crash – big time
I feel like I’m talking to my desk here, but I’m once again asking Lee to provide proof instead of propaganda. Facts Lee, that’s what I want, that’s what I always ask for. Give me facts that conservatives want the market to crash, can you do that? No, you can just give me links to totally irrelevant subjects.
“You guys are acting like children… it’s sickening.”
Children do not create jobs. We are not children and have every right to pull in our resourses to protect ourselves from another downturn in the economy.
brian says, “Oh good grief, let the memory loss and hypocrisy begin!” as lee says, “You guys are acting like children… it’s sickening”. So perfect! The moon-bats do nothing but bitch and moan, obstruct and cry like fuckin’ babies for the past two years, and NOW all of a sudden they are adults who are trying to get things done and are just SICKENED by this immature behavior. What a fucking joke you all are, who didn’t see this coming.
The Dems have been hostile to tax cuts for decades, and Pelosi and Co have already announced they will not let the Bush tax cuts be renewed.
They are hostile to business and will attempt to impose ‘windfall profits’ taxes on oil companies, virtually guaranteeing that the supply of domestic oil and petroleum products will be reduced. Other taxes, ‘fees’, and other sources of revenue will be raised to supposedly pay for ‘free’ health care and other new entitlements.
The Social Security crisis will be addressed, but only as a 2008 campaign ploy, as they will blame the GOP for not solving the crisis., (which the Dems said never existed.) They will ‘solve’ the problem by pushing through tax hikes and benefit reductions, but they’ll need GOP votes and those Republicans who vote for these will be pilloried by their Dem opponents.
The stock market has never objected to divided government, because less gets done in Washington, which is nearly always a good thing for business.
As much as investors like tax cuts, they realize about the most they could hope for – no matter who was in charge – was those already in place be made permanent. That isn’t something of immediate concern, anyway, since they don’t expire until 2010.
So there was little else a Republican Congress could have delivered for the economy. The deficit is already falling far faster than even Bush projected. Most of the market will cheer if Democrats move to eliminate “corporate welfare,” because that generally goes to a few large companies to give them further advantage over their competition, it will be a good thing for everyone if it goes. Does anyone really believe McDonald’s needs taxpayers to subsidize their foreign advertising?
Your post has so many errors, there’s no place to begin. Don’t comment unless you know what you’re talking about.
Whats really sad is that far left lib douchebags like Lee wished for bad news for years, made it up when it didnt happen, and now attempt to condescend?
In a way, Im glad Dems lost, as GOP will get back to its roots over next 18 months, and the Dems will finally have to come forth with the ideas they keep claiming to have, but seldom mention.
Guess Im going to start to change into 1099 income and create deductions as the uberleft cant wait to raise taxes.
Just an observation. Right now, the Dow is up by about 29 points, one day after the Democrats win back the House and probably the Senate.
The unemployment rate is so low and jobs have grown, in fact I know of many people who are holding down two to three of those jobs at once to stay afloat after having their jobs lost to multinationals moving off shore.
The stock market is booming The top ten percent of the U.S. population owns 81.8 percent of the real estate, 81.2 percent of the stock, and 88 percent of the bondstock.
Yesiree, Rush Limpballs who knows so much about keeping himself isolated from reality living on his little island of Palm Beach would be the one to go to for such news. He wouldn’t give any of you people the time of day.
Worship is such a funny thing.
provide proof instead of propaganda. Facts Lee, that’s what I want, that’s what I always ask for. Give me facts that conservatives want the market to crash, can you do that?
Please point me to your post demanding facts from the myriad posters on here who accuse the Dems of wanting the terrorists to win. Facts, that’s what I want. Can you do that?
The moon-bats do nothing but bitch and moan, obstruct and cry like fuckin’ babies for the past two years, and NOW all of a sudden they are adults who are trying to get things done and are just SICKENED by this immature behavior.
LOL! And the wingnuts pretend they’re adults trying to get things done, and as soon as they get a bloody nose, they start to bitch and moan, and cry like fuckin’ babies for the next two years.
What a fucking joke you are. Who didn’t see this coming?
The lib dominated mainstream media in concert with the Dems have taken every opportunity possible to slam our troops in SW Asia. The same things the dems and MSM say, Aljazeera say.
Do you call statements of Durbin, Kerry, and Murtha complimentary? Humanizing terrorists while demonizing US soldiers surely isnt encouraging terrorists to lose is it??
brian, who here is bitching and moaning and crying? Where are all the republicans shouting for recounts, saying the elections were stolen? Why is Bush on tv all day long talking about working with the new majority, the same democrats who have called him childish names and obstructed any progress at every turn, non-stop? Your hypocrisy knows no bounds.
I can’t stop laughing at brian’s attempt to call others babies while employing the famously childish tactic of playing copy-cat! what a loser.
brian, who here is bitching and moaning and crying?
Uhh… that would be you.
But I’m glad you’re having a good laugh reading all the unspeakable names Pelosi is being called on these pages, the shrill predictions of the destruction of America, and the hopeful predictions of nuclear attacks on our cities, stock market crashes, and retroactive abortions on our country’s new leaders. I’m relieved to know that these are not the childish reactions of cry-baby losers.
Would you like to point out where I have bitched or whined one single time? Would you like to point out where I have ONE TIME laughed at any of the things you have mentioned? Your intellectual dishonesty knows no bounds as well. You are seriously pathetic.
Just another observation. The Dow closed at its highest point ever, one day after the Democrats win back the House and probably the Senate.
” the shrill predictions of the destruction of America, and the hopeful predictions of nuclear attacks on our cities, stock market crashes, and retroactive abortions on our country’s new leaders”
uhhh, this sounds EXACTLY like what democrats have been screaming the past 2 years brian, I think you are mistaken for the democratic talking points. “The war has made us less safe”, “the economy is a shambles”, mama-moonbat and others dream of murdering baby Bush. brian swills it all in.
I’m sorry you are upset by pelosi being called “unspeakable names” brian. We all know that an honest thinker like you has never laughed at anyone being called names, let alone leveled those names yourself!
I never claimed innocence for the Dems, Hogg. Wow, denial AND poor reading comprehension! You make a perfect Republican.
And I never once claimed you did. Talk about reading comprehension. Care to Answer to any of the claims you made about me previously brian or were you just going to level unfounded accusations and then move on? Typical.
We all know that an honest thinker like you has never laughed at anyone being called names, let alone leveled those names yourself!
Followed by…
And I never once claimed you did.
‘Nuff said. Moving on to saner threads…
Brian:
One
Two
Three
Four
Clinton/Democrats did little to nothing
And here
And here
You could also read this, then try to place blame of the 9-11 attack.
The Bush tax cuts don’t come up for renewal until 2010. Pelosi and Co. will be long gone by then. Actually I hope the media begins to talk up the economy. Because then when the economy collapses next year (and it will) the Democrats will be in position to receive the blame. It won’t be true, and it won’t be fair, but the average American doesn’t know enough about economics to know that the U.S. economy already close to recession. All they’ll know is they voted Democrat and then they lost their job and lost their overpriced house. A generation too young to remember Jimmy Carter will have to learn that lesson again.
Repubs aren’t babies?
Just last week they ran to moommy when (meaningless) John Kerry mis-told a joke.
But these tough-guys will protect us from the terrorists (from behind a keyboard and monitor).
Investigate the lies.
Charge them and find them guilty of war crimes.
And line ’em up in front of a firing squad with the Washington Monument as the backdrop.
Good times!!
Well folks, sorry to say the Dow finished at an all time high today.
http://www.msnbc.msn.com/id/3683270/
I think we can stop worrying about the end of the world now and get on about the peoples’ business don’t you think?
The stock market IS NOT at an all-time high. The Dow Jones 30 Industrials is but that is an index of just 30 large-cap stocks.
The broader indices (S&P, NASDAQ) are all still well below their highs of 2000.
And besides, stock market highs are not really indicative of anything. Just look at some charts over the past 50 years. There have been literally thousands of all-time highs. Over the long run, the markets can be expected to increase at roughly the same rate the economy expands (GDP growth).
LOL! So, when the stock market ticks down, it is the Dems’ fault, but when it’s at an all-time high, it’s “not really indicative of anything?”
Isn’t it tiring to work so hard to avoid thinking?
I guess the facts don’t support your whining anymore. Stocks performed better under Clinton than under any other post-war president. And worse under Bush than any post-war president… except Nixon.
Go on, guess why… maybe fiscal responsibility? The spend spend spend Republicans (gee, didn’t they used to be AGAINST big government?) led to the collapse of the dollar, the worst deficit ever, and (horror of horrors) to Kansas Republicans turning Democrat and winning.
From massive surplus to massive debt. Thanks Bush.
And besides, stock market highs are not really indicative of anything
The author of this post made a big deal about the market being down 29 points, but when the market closes up suddenly it’s “stock market highs are not really indicative of anything.
Pathetic.
P.S. Kaz,
“Their highs of 2000?” You mean when a Democrat was President?
Please show me a link to any reputable source (not a W appointee or sycophant) who states that the “tax cuts” created the current economic “resurgence”.
my health insurance goes up every year. College tuition goes up something like 10% a year. Yeah you republicans created a great economy.
You also increased the debt by 50% to 8.5 TRILLION. and thats all credit card debt baby, so if the the adult party has to act like adults and take away W’s mastercharge, and ask Paris Hilton to contribute just a wittle bit while our heroes are getting shot at, maybe you should just STFU, since youv’e been wrong about everything else.
you people claim to support the troops, unless theyre democrats and then you piss on them.
LOL. That’s a great “observation”, Kim. Are you going to thank the Democrats now?
Only a moron would be posting about the market being down a half hour into trading. That would be you guys. Talk about the market after 4:00. It’s UP knowing that the dems control the house, the senate, the governers, state senates, state legislaters and Rummy’s gone. Any questions? Take losing like the women you are. As far as the unemployment rate. Bush I and II still have not created ONE net job in 10 years. NOT ONE!Look on the bright side, you have murdered record number of Americans and Iraqi’s. There’s something to be proud of.
Market closed at record highs. Your stupid and your losers ~ bad mix ~ hahahhahahahhah you lost and this country has WON. So STFU
Its really very simple. For years Rush and his commrades have been saying that the Dems are driven by lust for power and they love to see bad news for America. The left wants the economy to tank. The liberals want the war effort to fail. The moonbats love seeing our soldiers die.
It went on and on for years and now just one day after the Democratic party takes back the house we see the Neo-Cons crying that the sky is falling because the DOW was temporarily down by 29 point. What we saw in the past was projection on the part of right putting their modus operandi onto the liberals.
Offhand I’d say the best thing about this election is that the right won’t be able to hide their true feelings and agenda. Now we can all ask… why does the right hate America?