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Author Topic: Stocks start 2011 with a big lift  (Read 1382 times)

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Offline Junior1942

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Stocks start 2011 with a big lift
« on: January 03, 2011, 09:13:42 AM »
See http://news.yahoo.com/s/ap/20110103/ap_on_bi_st_ma_re/us_wall_street

Man, we are some kind of lucky Obama was elected.  With McCain/Palin in the White House the headline would probably read, Stocks start 2011 still in crash mode.
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Offline scootrd

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Re: Stocks start 2011 with a big lift
« Reply #1 on: January 03, 2011, 09:43:05 AM »
I'm not surprised,

2 out of 3 American companies paid zero in Taxes, and all were able to outsource even more American jobs overseas.
What's not to celebrate.
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Offline Gary G

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Re: Stocks start 2011 with a big lift
« Reply #2 on: January 03, 2011, 11:04:10 AM »
It is the POMO's (Permanent Open Market Operations). The FED is buying bonds from the Primary Dealers who are sticking it in the stock market. Also QE II is devaluing the dollar which causes stocks to cost more without increasing value. Obama has little to do with it and it won't last. Unemployment will get worse. Politicians have sold us out and we are doomed to peasantry.
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The sole purpose of government is to protect your liberty. The Constitution is not to restrict the people, but to restrict government.  Ron Paul

The two enemies of the people are criminals and government, so let us tie the second down with the chains of the constitution so the second will not become the legalized version of the first. - Thomas Jefferson

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Offline Pat/Rick

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Re: Stocks start 2011 with a big lift
« Reply #3 on: January 03, 2011, 11:23:41 AM »
+1 gary, ALL politicians have sold us out, demicans and republicrats.  Yep obamao has little to do with it, NO president (sic) controls the stock market, people like soros does. But only the american stock market. he is banned from trading on the european and asian market after the bank of britain and the malaysian thing.
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Offline scootrd

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Re: Stocks start 2011 with a big lift
« Reply #4 on: January 03, 2011, 12:13:11 PM »
YEP
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"if your old flathead doesn't leak you are out of oil"
"I have strong feelings about gun control. If there is a gun around I want to be controlling it." - Clint Eastwood
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." - Benjaman Franklin
"It's better to be hated for who you are , then loved for who your not." - Van Zant

Offline jimster

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Re: Stocks start 2011 with a big lift
« Reply #5 on: January 06, 2011, 12:01:50 PM »
Quote
Man, we are some kind of lucky Obama was elected.

Presidents can't control the market. You can read up on such things, and learn what drives the market. Many things do...but not the president. Read and learn. Market was also bad under Obama for a long time as well. Even when the market was really bad while Obama was president I did not blame him...that would be kind of dumb. (you probably lost the info on how bad the market was while Obama was president, or maybe forgot...but hope you didn't blame him for it...and I bet you didn't  ;)

Quote
It is the POMO's (Permanent Open Market Operations). The FED is buying bonds from the Primary Dealers who are sticking it in the stock market. Also QE II is devaluing the dollar which causes stocks to cost more without increasing value.


This does effect the market. My wife and I have been talking about this, and some other things...we want to keep our money safe and expect something will break again soon. Just don't know when.

Oh...Junior...get more into stocks, less into bonds...now is the time for some really high risk, while Obama is still in office. Go for it. If things mess up you have the perfect reason...republicans took over congress and blew the market.  ;D

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Offline reetired

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Re: Stocks start 2011 with a big lift
« Reply #6 on: January 08, 2011, 08:28:14 AM »
The companies are getting rid of full time employees and hiring temps or casuals. They save a lot of money and make record profits. CEO,s and the board get record bonuses. Stock goes up. Meanwhile the temps and casuals are struggling to make ends meet.
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everyday above ground is a good day.

Offline scootrd

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Re: Stocks start 2011 with a big lift
« Reply #7 on: February 05, 2011, 06:56:32 PM »
Quote from: reetired on January 08, 2011, 08:28:14 AM
The companies are getting rid of full time employees and hiring temps or casuals. They save a lot of money and make record profits. CEO,s and the board get record bonuses. Stock goes up. Meanwhile the temps and casuals are struggling to make ends meet.

And lets not for get the outsourcing of America.
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"if your old flathead doesn't leak you are out of oil"
"I have strong feelings about gun control. If there is a gun around I want to be controlling it." - Clint Eastwood
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." - Benjaman Franklin
"It's better to be hated for who you are , then loved for who your not." - Van Zant

Offline Pat/Rick

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Re: Stocks start 2011 with a big lift
« Reply #8 on: February 06, 2011, 08:25:33 AM »
Don't forget the numbers were up for a few years during the housing fiasco as well. Numbers are up. Fine. Time will tell if they are false numbers, with wall street gleaning as much as they can before the next big drop. Like last time.


TM, FDR had more guts than todays American "leaders". If that had happened today you would of seen people setting up watering stations and sign "guides" in the desert. Oh wait, that happens now. BTW IMO the borders should have been closed on 9-12-01.
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Offline Gary G

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Re: Stocks start 2011 with a big lift
« Reply #9 on: February 06, 2011, 10:19:58 AM »
Quote from: TM7 on February 06, 2011, 02:09:25 AM
Interesting comments here. Basically, what is bad for the American worker (unemployment, low wages, no healthcare, imported labor, offshoring, temporary jobs, ) is good for American Corporations...stocks go up and relative to the dollar I suppose.

Interesting to note during the last big Depression,,, socialistically inclined FDR closed the boarders to protect indigenous labor.


..TM7
.

Yep, with helicopter Ben in charge, as the dollar is devalued, things cost more dollars, including the stock market. Meanwhile, all the imbalances, MBS, and malinvestment that caused the crash are still in the system waiting in the final Keynesian failure.

------------------------------------------------------------------------------------------------------------------
In a free market everyone is employed, except for the unemployed caused by government.
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The sole purpose of government is to protect your liberty. The Constitution is not to restrict the people, but to restrict government.  Ron Paul

The two enemies of the people are criminals and government, so let us tie the second down with the chains of the constitution so the second will not become the legalized version of the first. - Thomas Jefferson

“Everyone wants to live at the expense of the State. They forget that the State lives at the expense of everyone.” — Frederic Bastiat
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