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From: Jeff Strickland on 12 Apr 2010 16:51

"JoeSpareBedroom" <newstrash(a)frontiernet.net> wrote in message
news:TvLwn.50147$iu2.36329(a)newsfe15.iad...
> Dow closes above 11,000 for the first time since September 2009.
>
> It was "Obama's fault" when it tanked. Whose fault is it now that it's
> untanked, you idiots?
>

Ironically, Obama has done more to make the markets worse than he's done to
make them better, yet they improved anyhow. Frankly, I'm at a loss for a
good explanation except that any investment is backed by government, so it
has to do okay and is therefore worth the risk.

I'm not sure that, as a tax payer, I'm really excited to be in a position of
bailing out all of the crappy investments that are coming down the pike.
But, if government is not going to let a crappy investment turn out bad,
then of course the stock market is going to soar.

I have no idea what the pain of failure of Lehman Brothers or AIG would have
been, but the pain of failure should be born by the investors not the tax
payers. GM (there's a report out today) builds what is perhaps the worst
vehicles in the world, yet sales at Cadillac are up 76% while the Escalade
is the leader of crappy cars.
(http://finance.yahoo.com/family-home/article/109278/worst-made-cars-on-the-road?mod=family-home)


I don't know why the market is moving up, Obama has done nothing to make it
move that way, and by almost all accounts has done more to make it move the
opposite direction. Clearly there is something here that I don't have a
handle on, but whatever is happening, Obama has not played any apparent role
because everything he's done should be moving us in the opposite direction.





From: JoeSpareBedroom on 12 Apr 2010 17:07
"Jeff Strickland" <crwlrjeff(a)yahoo.com> wrote in message
news:hq014f$n67$1(a)news.eternal-september.org...
>
> "JoeSpareBedroom" <newstrash(a)frontiernet.net> wrote in message
> news:TvLwn.50147$iu2.36329(a)newsfe15.iad...
>> Dow closes above 11,000 for the first time since September 2009.
>>
>> It was "Obama's fault" when it tanked. Whose fault is it now that it's
>> untanked, you idiots?
>>
>
> Ironically, Obama has done more to make the markets worse than he's done
> to make them better, yet they improved anyhow. Frankly, I'm at a loss for
> a good explanation except that any investment is backed by government, so
> it has to do okay and is therefore worth the risk.
>
> I'm not sure that, as a tax payer, I'm really excited to be in a position
> of bailing out all of the crappy investments that are coming down the
> pike. But, if government is not going to let a crappy investment turn out
> bad, then of course the stock market is going to soar.
>
> I have no idea what the pain of failure of Lehman Brothers or AIG would
> have been, but the pain of failure should be born by the investors not the
> tax payers. GM (there's a report out today) builds what is perhaps the
> worst vehicles in the world, yet sales at Cadillac are up 76% while the
> Escalade is the leader of crappy cars.
> (http://finance.yahoo.com/family-home/article/109278/worst-made-cars-on-the-road?mod=family-home)
>
>
> I don't know why the market is moving up, Obama has done nothing to make
> it move that way, and by almost all accounts has done more to make it move
> the opposite direction. Clearly there is something here that I don't have
> a handle on, but whatever is happening, Obama has not played any apparent
> role because everything he's done should be moving us in the opposite
> direction.


You've never been one of the cave men here who simply say "Ug ug grunt
market down obama bad". Let's wait & see what the drunks have to say about
it. Oh Scott....


From: Jeff Strickland on 12 Apr 2010 17:49

"JoeSpareBedroom" <newstrash(a)frontiernet.net> wrote in message
news:XXLwn.112275$sx5.78952(a)newsfe16.iad...
> "Jeff Strickland" <crwlrjeff(a)yahoo.com> wrote in message
> news:hq014f$n67$1(a)news.eternal-september.org...
>>
>> "JoeSpareBedroom" <newstrash(a)frontiernet.net> wrote in message
>> news:TvLwn.50147$iu2.36329(a)newsfe15.iad...
>>> Dow closes above 11,000 for the first time since September 2009.
>>>
>>> It was "Obama's fault" when it tanked. Whose fault is it now that it's
>>> untanked, you idiots?
>>>
>>
>> Ironically, Obama has done more to make the markets worse than he's done
>> to make them better, yet they improved anyhow. Frankly, I'm at a loss for
>> a good explanation except that any investment is backed by government, so
>> it has to do okay and is therefore worth the risk.
>>
>> I'm not sure that, as a tax payer, I'm really excited to be in a position
>> of bailing out all of the crappy investments that are coming down the
>> pike. But, if government is not going to let a crappy investment turn out
>> bad, then of course the stock market is going to soar.
>>
>> I have no idea what the pain of failure of Lehman Brothers or AIG would
>> have been, but the pain of failure should be born by the investors not
>> the tax payers. GM (there's a report out today) builds what is perhaps
>> the worst vehicles in the world, yet sales at Cadillac are up 76% while
>> the Escalade is the leader of crappy cars.
>> (http://finance.yahoo.com/family-home/article/109278/worst-made-cars-on-the-road?mod=family-home)
>>
>>
>> I don't know why the market is moving up, Obama has done nothing to make
>> it move that way, and by almost all accounts has done more to make it
>> move the opposite direction. Clearly there is something here that I don't
>> have a handle on, but whatever is happening, Obama has not played any
>> apparent role because everything he's done should be moving us in the
>> opposite direction.
>
>
> You've never been one of the cave men here who simply say "Ug ug grunt
> market down obama bad". Let's wait & see what the drunks have to say about
> it. Oh Scott....
>

I'd rather hear what you have to say. Obvioulsy you have something to say or
you would not have posted in the first place.

Clearly the market is moving up for reasons I haven't the education to
understand, and you claim to be the sharpest knife in the drawer so give it
a whirl as to what economic theory you think is at play.

The markets are reacting to world events because there's nothing that Obama
has done to support the movement we are seeing today -- either direction or
distance. Obama is actively working to destroy everything that capitalism
likes, and since the markets like capitalism and Obama is working to kill
capitalism, then the markets should be flat to falling not rising, UNLESS
there are things going on outside of America that the markets are responding
to or Obama actually loves capitalism -- which he has repeatedly stated to
not be true.






From: JoeSpareBedroom on 12 Apr 2010 18:09
"Jeff Strickland" <crwlrjeff(a)yahoo.com> wrote in message
news:hq04gq$gc1$1(a)news.eternal-september.org...
>
> "JoeSpareBedroom" <newstrash(a)frontiernet.net> wrote in message
> news:XXLwn.112275$sx5.78952(a)newsfe16.iad...
>> "Jeff Strickland" <crwlrjeff(a)yahoo.com> wrote in message
>> news:hq014f$n67$1(a)news.eternal-september.org...
>>>
>>> "JoeSpareBedroom" <newstrash(a)frontiernet.net> wrote in message
>>> news:TvLwn.50147$iu2.36329(a)newsfe15.iad...
>>>> Dow closes above 11,000 for the first time since September 2009.
>>>>
>>>> It was "Obama's fault" when it tanked. Whose fault is it now that it's
>>>> untanked, you idiots?
>>>>
>>>
>>> Ironically, Obama has done more to make the markets worse than he's done
>>> to make them better, yet they improved anyhow. Frankly, I'm at a loss
>>> for a good explanation except that any investment is backed by
>>> government, so it has to do okay and is therefore worth the risk.
>>>
>>> I'm not sure that, as a tax payer, I'm really excited to be in a
>>> position of bailing out all of the crappy investments that are coming
>>> down the pike. But, if government is not going to let a crappy
>>> investment turn out bad, then of course the stock market is going to
>>> soar.
>>>
>>> I have no idea what the pain of failure of Lehman Brothers or AIG would
>>> have been, but the pain of failure should be born by the investors not
>>> the tax payers. GM (there's a report out today) builds what is perhaps
>>> the worst vehicles in the world, yet sales at Cadillac are up 76% while
>>> the Escalade is the leader of crappy cars.
>>> (http://finance.yahoo.com/family-home/article/109278/worst-made-cars-on-the-road?mod=family-home)
>>>
>>>
>>> I don't know why the market is moving up, Obama has done nothing to make
>>> it move that way, and by almost all accounts has done more to make it
>>> move the opposite direction. Clearly there is something here that I
>>> don't have a handle on, but whatever is happening, Obama has not played
>>> any apparent role because everything he's done should be moving us in
>>> the opposite direction.
>>
>>
>> You've never been one of the cave men here who simply say "Ug ug grunt
>> market down obama bad". Let's wait & see what the drunks have to say
>> about it. Oh Scott....
>>
>
> I'd rather hear what you have to say. Obvioulsy you have something to say
> or you would not have posted in the first place.
>
> Clearly the market is moving up for reasons I haven't the education to
> understand, and you claim to be the sharpest knife in the drawer so give
> it a whirl as to what economic theory you think is at play.


I only know what I've heard on the news: Positive earnings reports from a
few companies, and a plan to rescue Greece's economy.

What have YOU heard on the news?


From: JoeSpareBedroom on 12 Apr 2010 18:49
"Jeff Strickland" <crwlrjeff(a)yahoo.com> wrote in message
news:hq07l8$5n1$1(a)news.eternal-september.org...

>> Good. You should NOT give ANY president kudos for the gains or losses,
>> unless of course.....you want to be Scott.
>>
>>
>>> For the sharpest knife in the drawer, you don't seem to have very much
>>> to contribute ...
>>
>>
>> Why should I type what you can get from any grownup news source?
>>
>
> I don't want to know because I don't know, I want to know what you know.
>
> YOU are giving credit to Obama for the direction and distance of the
> market movement.

I did no such thing. Read the first message in the thread. Also, do not
pretend you missed the sentence at the very top of THIS message.


> I want to know why. I gave you plenty of information about why I am not
> giving him the credit because it is clear to me that he has done nothing
> to move the market in the direction it is going, or the distance it has
> gone.

That's good. You're progressing.


> YOU challenged us with, "it was Obama's fault that the market tanked,
> who's fault is it when it untanks?"

That was SARCASM. The simplistic drunks here blamed Obama when the market
tanked. ***I*** do not believe their theory, nor do I believe he made the
market go up.


> That means to any critically thinking living organism that I should give
> him credit for untanking because I faulted him when it tanked. You do not
> fault him for the tank, and by any indication I have from here, give him
> credit for the untank. Why do you give him credit?

I don't, and neither should you or anyone else. "The market" is not
rational.


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