Stock Market looking at a dark day

Discussion in 'Economics & Trade' started by HumbledPi, May 6, 2019.

  1. AZBob

    AZBob Banned

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    Hoping for a stock market crash?
     
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  2. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    The absolute state of the Never Trumpers.
     
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  3. Egoboy

    Egoboy Well-Known Member Donor

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    Hell no... My retirement is intricately tied with the market, and I've been very happy with the first 1/3 of the year.

    I'm just hoping May 2019 doesn't turn out like October and December 2018, because months like those take multiple months to make up.....
     
  4. AZBob

    AZBob Banned

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    True, but I’m not trying to take his words out of context .
    Hell I seen when Hollywood hack, and leftist unfunny man Bill Mahr said on tv, he hopes for a recession.
     
    Last edited: May 7, 2019
  5. Talon

    Talon Well-Known Member Past Donor

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    [​IMG]

    OH NOOOOOOOS!! There go our IRAs!!

    *SQUAWK*
     
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  6. Talon

    Talon Well-Known Member Past Donor

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    There's been a lot of that nonsense going around, and it's been funny listening to Biden floundering around trying to badmouth the economy.
     
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  7. dairyair

    dairyair Well-Known Member

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    Seems like the American companies are not being very diligent in hiring then.
    But, they do so willingly. Knowing about possible spies.

    Do we need a huge bloated gov't to protect the companies from their own harm?
    We can't do that for individuals in America per the RW, why should our gov't protect the companies?
     
  8. dairyair

    dairyair Well-Known Member

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    Do you have that quote?
    And his policy then, to help the pending crash?

    I only remember the 'Every American in their home' policy.
     
  9. Nunya D.

    Nunya D. Well-Known Member

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    Bush and McCain warned Congress back in 2001:

     
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  10. dairyair

    dairyair Well-Known Member

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    The DJI nearly tripled in the 8 yrs Obama held the prez office. FACT JACK!!
    Don't forget the over 75 months of consecutive private sector job growth.
    UE from 10% to 5%.
     
  11. dairyair

    dairyair Well-Known Member

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    As many a Russian or near the same amount.
    But we aren't concerned about Russian spies, are we?

    And why can't companies do their own vetting? Or how do these spies get into the country? Doesn't our immigration system vet them?
     
  12. dairyair

    dairyair Well-Known Member

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    January 3, 2003 – January 3, 2005
    Senate President
    Dick Cheney (R)
    Senate President pro tem Ted Stevens (R)
    House Speaker Dennis Hastert (R)
    Members 100 senators
    435 members of the House
    5 non-voting delegates
    Senate Majority Republican
    House Majority Republican
    Sessions
    1st
    : January 7, 2003 – December 8, 2003
    2nd: January 20, 2004 – December 9, 2004

    And in 03, R's had the country in their power.
    What did they do to curb the pending crash?

    Here's what bush and the R congress did.


    [​IMG] December 16, 2003
    President Bush Signs American Dream Downpayment Act of 2003

    1:57 P.M. EST

    THE PRESIDENT: Thank you all. Thank you for coming. Thanks for the warm welcome. It's great to be back at the Department of Housing and Urban Development. This is not my first time here, nor will it be my last. (Applause.) I am here today because we are taking action to bring many thousands of Americans closer to owning a home. Our government is supporting homeownership because it is good for America, it is good for our families, it is good for our economy.
    https://georgewbush-whitehouse.archives.gov/news/releases/2003/12/20031216-9.html

    So much for their warning 2 yrs earlier.
     
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  13. dairyair

    dairyair Well-Known Member

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    No, it was balls to the wall already at that point.
    He and the R's just threw gas onto an already roaring fire.
     
  14. Nunya D.

    Nunya D. Well-Known Member

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    While I do agree that the Republicans are just as guilty ofignoring Bush's warning, I don't see what the ADDA of 2003 had anything to do with the crash. All the ADDA entailed was a Government grant to assist in a down payment of up to $10,000. It had nothing to do with a person obtaining approval for a loan or whether they had the ability to repay the loan.
     
    Last edited: May 7, 2019
  15. HumbledPi

    HumbledPi Well-Known Member

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    - 510.18
    You were saying?
     
  16. navigator2

    navigator2 Banned

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    Meh............this too will pass. Check back in a couple weeks.

    yawn.gif
     
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  17. Texas Republican

    Texas Republican Well-Known Member Past Donor

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    Protecting American technology is a better investment than income redistribution.
     
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  18. Bluesguy

    Bluesguy Well-Known Member Donor

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    Not that I know of.
     
  19. Bluesguy

    Bluesguy Well-Known Member Donor

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    After it collapsed under the Democrat congress, the failed stimulus and in spite of Obama. Don't forget UE went from the 4.5% the Republicans handed that Democrat congress to 7.5% and then with Obama in the WH h to 10% even though his stimulus was supposed to cap it at 8% and remained over 8% for the next 4 years while the LFPR plummeted. The worst recovery and unemployment in modern history. And had we just increased jobs by 1 job a month for those 75 months your statement would be true. It's the numbers and quality of the jobs that matter.
     
  20. Bluesguy

    Bluesguy Well-Known Member Donor

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    You think aiding 40,000 families to save for down payments and closing cost is what caused the mortgage crisis?
     
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  21. Ddyad

    Ddyad Well-Known Member

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    Bush's SEC did end the double short ban. That decision with mark to market guaranteed the crash.
    OTOH, Bush's regulator warned Congress of the coming crash. They ignored him.
     
  22. HumbledPi

    HumbledPi Well-Known Member

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    What? I can't hear you.
    That's not quite what you and others were touting yesterday, is it.
    -579
     
  23. HumbledPi

    HumbledPi Well-Known Member

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    With your avatar picture, I wouldn't be calling anyone cockroaches, it's a compliment to all cockroaches. Btw, it's the same avatar as Russian trolls have been using.
     
    Last edited: May 7, 2019
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  24. AKS

    AKS Banned

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    I find it remarkable how both sides can create ad hoc reasons for why good news is in spite of the opponents in power and bad news because of. And vice versa.
     
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  25. Quantum Nerd

    Quantum Nerd Well-Known Member

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    LOL! As well as good news because of "your" president in power, and bad news in spite of.

    In reality, the president has a lot less influence on the economy and the stock market than what people believe.
     
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