Dow Rises Above 9,000 as Home Sales Jump

[240 is Back]

 

[Soul Crusher]

In many markets, prices have come way down, which is a good thing. 

[GigantorX]

Little to do with the Stimulus Bill. It's called letting the market function. Home values were ultra-inflated and then crashed or, as some would put it, corrected. The prices will keep dropping until people start to buy them again in a consistent fashion which is hopefully in line with their incomes.

Obama signing some stupid bloated mess of a giveaway scheme doesn't quite have a huge impact.

[BM OUT]

Another 540,000 jobs lost again.The stimulous is working like a charm.

[240 is Back]

Little to do with the Stimulus Bill.

maybe.

Do you think - if the DOW was 5000 today, many republicans would be blaming a devaluation of currency caused by obama priting trillions of dollars?

Or would they be saying that the DOW is in no way related to influx of 1 to 10 trillion of charmin?

[Soul Crusher]

maybe.

Do you think - if the DOW was 5000 today, many republicans would be blaming a devaluation of currency caused by obama priting trillions of dollars?

Or would they be saying that the DOW is in no way related to influx of 1 to 10 trillion of charmin?

240 - come on bro - at least be honest in your spin. 

The companies are reporting better earning because of earlier job cuts and cost sdaving measures, not new business. 

[240 is Back]

240 - come on bro - at least be honest in your spin. 

The companies are reporting better earning because of earlier job cuts and cost sdaving measures, not new business. 

Yes. or no.  What say you?

if dow was 5k, would the stimulus and printing of trillions be 1% responsible?

[GigantorX]

240 - come on bro - at least be honest in your spin. 

The companies are reporting better earning because of earlier job cuts and cost sdaving measures, not new business. 

It still wouldn't be responsible. The Fed cannot be trusted to act in our, the citizens, best interests. It's that simple.

And the profits b/c of cost cutting etc is a good sign at this point, at least there a companies out there who are in the green and can now begin to look to the long term.

[MM2K]

Here is what needed to be done. Give tax credits to people who buy existing houses. Say $40000 - $60000. Give tax credits to people who buy automobiles - say $10000 or so. Pay for military weapons systems that needed to be replaced anyway because they were damaged in war. Go ahead and pay for public jobs for any infrastructure, but only that which is absolutely needed. Slash income tax rates. Go to a two rate tax system. Get the top rate down to 27%. Consider slashing payroll taxes. Slash capital gains taxes by 7%-10%.  Stop the minimum wage from increasing. Walla. Watch the economy grow. And this time, tell the Fed to watch the freakin dollar!!!!

For god sakes man, atleast slash the capital gains tax!!!! There is no excuse for not doing so!!! Its a no-brainer!!! But Obama wants to RAISE it!! Why?? Why not slash the capital gains rate? Of all the taxes out there, the capital gains tax has had the greatest Laffer Curve effect. Everytime we have slashed that rate, we have gained revenue, everytime we have raised the rate, we have lost revenue.

[Hugo Chavez]

Little to do with the Stimulus Bill. It's called letting the market function. Home values were ultra-inflated and then crashed or, as some would put it, corrected. The prices will keep dropping until people start to buy them again in a consistent fashion which is hopefully in line with their incomes.

Obama signing some stupid bloated mess of a giveaway scheme doesn't quite have a huge impact.

yes it did have a huge impact.  It prevented these prices from coming down sooner.  If we had to have a stimulus, this wasn't the right one, it's just what the banks wanted and what the banks got.  They would have got the same out of McCain, fuckers run the show.  Everyone knows that, the sad thing is public pressure really isn't on them.  They only got 5% of the heat that should have come at them from the public.

[Bindare_Dundat]

maybe.

Do you think - if the DOW was 5000 today, many republicans would be blaming a devaluation of currency caused by obama priting trillions of dollars?

Or would they be saying that the DOW is in no way related to influx of 1 to 10 trillion of charmin?

Reccession is over, your check is in the mail. Rally on. 


Money printing, debt growth and deficits don't create prosperity

[Busted]

maybe.

Do you think - if the DOW was 5000 today, many republicans would be blaming a devaluation of currency caused by obama priting trillions of dollars?

Or would they be saying that the DOW is in no way related to influx of 1 to 10 trillion of charmin?

No matter what, most right wingers are pissed a black man is president. They will say anything and everything to hate on him, even if its lies and makes NO sense. When bush was in their they all supported his stupid ass decisions and policys that put us in the spot we are in today, but they all ignore it and blame Obama for this mess.  America is full of idiots.

[grab an umbrella]

No matter what, most right wingers are pissed a black man is president. They will say anything and everything to hate on him, even if its lies and makes NO sense. When bush was in their they all supported his stupid ass decisions and policys that put us in the spot we are in today, but they all ignore it and blame Obama for this mess.  America is full of idiots.

Its kind of funny that you mention his race.  Outside of the recent gates/crowley thing, his politics, not race were the only thing in question.

[Busted]

Its kind of funny that you mention his race.  Outside of the recent gates/crowley thing, his politics, not race were the only thing in question.

No, half the shit you hear on fox news is completely false.  Think of health care.  Fox news i on this massive campaign that you wont be able to chose your own DR.  its been debunked time and time again, complete lie and distortion.  Right wing is slingging EVERYTHING at him because they are PISSED we have a BLACK man in office. they don't have the fuckin BALLS to say it, so they sling every damn thing at the wall to make him look bad.    After the disaster of a president wev had in office before him. 

[grab an umbrella]

No, half the shit you hear on fox news is completely false.  Think of health care.  Fox news i on this massive campaign that you wont be able to chose your own DR.  its been debunked time and time again, complete lie and distortion.  Right wing is slingging EVERYTHING at him because they are PISSED we have a BLACK man in office. they don't have the fuckin BALLS to say it, so they sling every damn thing at the wall to make him look bad.    After the disaster of a president wev had in office before him. 

I don't like Obama and it has nothing to do with his skin color.  Fox news is for retards, not conservatives.

[Alex23]

Its kind of funny that you mention his race.  Outside of the recent gates/crowley thing, his politics, not race were the only thing in question.

QFT. Judge the man for his actions, agree or not. This is The American Way.