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Author Topic: WOW! Could Blue and Nonprophet be wrong???  (Read 926 times)
Moots
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« on: June 01, 2013, 06:43:21 PM »

They keep telling us how WONDERFUL things are!

This article seems to state differently!
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"We must reject the idea that every time a law’s broken, society is guilty rather than the lawbreaker. It is time to restore the American precept that each individual is accountable for his actions."
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kathyp
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« Reply #1 on: June 01, 2013, 06:49:11 PM »

how can that be??  the stock market is up and there is no inflation!

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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
sterling
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« Reply #2 on: June 01, 2013, 06:56:50 PM »

Blue will explain it or he will not show up for a few days. rolleyes
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kingbee
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« Reply #3 on: June 02, 2013, 03:59:22 PM »

Maybe Blue is in suburban New York City working on his talking points with Hillary (what difference does it make now) Clinton. 
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BlueBee
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« Reply #4 on: June 03, 2013, 12:49:23 AM »

Could we be wrong.  lau  Please.

Obama can only create so many miracles at a time. Doubling of the S&P500 is pretty impressive.  That's a doubling of WEALTH Moots.  
Now you tell me, does the market LEAD of LAG the economy?  What does that say about the prospects for the rest of America?
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Moots
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« Reply #5 on: June 03, 2013, 06:46:20 AM »

Could we be wrong.  lau  Please.

Obama can only create so many miracles at a time. Doubling of the S&P500 is pretty impressive.  That's a doubling of WEALTH Moots.  
Now you tell me, does the market LEAD of LAG the economy?  What does that say about the prospects for the rest of America?


Blue,
Speaking of Obama "miracles", I'm still anxiously awaiting that reply you promised me. over four days ago, on the "worst socialist ever" thread, listing SOME SPECIFICS on exactly what Obama has done to aid and improve the market.  For a guy not only capable of producing "results", but "miracles"....you and the rest of his supporters sure seem to have a lot of trouble offering supporting details!

Again Blue, stay focused....It's a very fair, simple and direct question.  You claim he's done so much...simply list some examples,in detail!

Now as for equating the doubling of the S&P to doubling of Wealth, that's almost to ridiculous to comment on...
The only way that can be a true statement, is if you know someone who owns NO OTHER ASSETS,  is 100% invested in the S&P, and made that entire investment when the S&P was at half of it's current value. Yeah, then the S&P doubling would be responsible for doubling his wealth...Not a very realistic scenario, I'm thinking that guy doesn't exist.  Smiley
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"We must reject the idea that every time a law’s broken, society is guilty rather than the lawbreaker. It is time to restore the American precept that each individual is accountable for his actions."
                                                                                                                   - Ronald Reagan
kathyp
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« Reply #6 on: June 03, 2013, 09:57:05 AM »

Quote
Yeah, then the S&P doubling would be responsible for doubling his wealth...Not a very realistic scenario, I'm thinking that guy doesn't exist. 

and then, only on paper.  if he didn't cash out, he really has no real increase except maybe dividends. 
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
kingbee
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« Reply #7 on: June 03, 2013, 01:22:00 PM »

Could we be wrong.  lau  Please.

Obama can only create so many miracles at a time....   What does that say about

the prospects for the rest of America?



I will answer your last question first.  America has her skirt caught in the wringer and the President is the organ grinder.  Obama and his trained monkeys are furiously grounding the USA into oblivion like a unfortunate waif in an Upton Sinclair novel with his arm caught in the meat grinder.

Here is a sampling of what REAL Democrat Party Members believe.  I mean the Democrat Party members who attended the 2012 Democrat Party nominating convention in Charlotte, North Carolina, the convention that nominated the Current Occupant. 

These interviewees are not faux Democrat Party Members like Blue with his fawning admiration of QE ∞ or what ever the number of Quantitative Easing the Commander in chief is up to by now.  The people in this video are rank and file Democrat Party members and in truth they don't get any ranker than this.  I wonder how Blue's Dow will fare once these wizards of business and industry are fully in place.   

Peter Schiff interviews with DNC delegates.mp4





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« Reply #8 on: June 03, 2013, 03:37:07 PM »

 try to stay away from these topics to the most part, but the "Obama DOUBLED the S&P" needs addressing in a really simple and logical example.

Start with $100 and lose 10% and you have $90.
Then GAIN 10% back and you have $99 not the hundred you started with.

You can do lots of stuff with numbers, but the majority of my pension plan in vested in S&P and trust me, with the DOUBLING I am still nowhere near where I was a decade ago and mind you I have contributed (with matching funds) all these years. Is record Dow and S&P a great thing, not sure how we bow to the Socialist in Chief, but surely you won't credit our country bottoming out to where it could only get better as a possibility.

Blame BUSH, I'm sure you will, but I have serious issues with the math. If you had put money into the S&P at its low and calculated growth, okay. But we can take the handful of people who fall in that category and and fit them on a few buses on Wall Street compared to the millions who lost (and still have not nearly recouped) the money they had.
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kingbee
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« Reply #9 on: June 03, 2013, 05:03:23 PM »

I think after the 1929 crash that it took till 1953 for the stock market to get back to 300.

Mark Twain I think once said that there are 3 types of lies.  "Lies, darn lies, and statistics!"   
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kathyp
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« Reply #10 on: June 03, 2013, 05:22:52 PM »

Quote
If you had put money into the S&P at its low and calculated growth, okay. But we can take the handful of people who fall in that category and and fit them on a few buses on Wall Street compared to the millions who lost (and still have not nearly recouped) the money they had.

and when you calculate the value of the dollar into it, you have gained little no matter where you started. 

ever consider what you thought you'd need to retire when you were 30, against what you now think you'll need at 65?  our needs have gone down and continue to go down, but our costs go up and the amount we'll need to retire, even if we maintain or lower our spending, has gone up.  the numbers are a little scary.
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
sterling
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« Reply #11 on: June 03, 2013, 07:55:30 PM »

And many retired people who had money in things like saving accounts and annuities and were going to use interest payments to supplement their other income are hurting because the FED is keeping the interest at extreme lows.
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