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Author | Time | Post |
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Playinghardball | Jan 2014 | OP |
11 Bravo | Jan 2014 | #1 | |
Progressive dog | Jan 2014 | #2 | |
Whisp | Jan 2014 | #6 | |
Pretzel_Warrior | Jan 2014 | #8 | |
AverageJoe90 | Jan 2014 | #31 | |
BlancheSplanchnik | Jan 2014 | #15 | |
Hekate | Jan 2014 | #24 | |
awoke_in_2003 | Jan 2014 | #3 | |
spanone | Jan 2014 | #4 | |
NuclearDem | Jan 2014 | #5 | |
Pretzel_Warrior | Jan 2014 | #10 | |
NuclearDem | Jan 2014 | #13 | |
BlancheSplanchnik | Jan 2014 | #14 | |
progressoid | Jan 2014 | #17 | |
Pretzel_Warrior | Jan 2014 | #18 | |
progressoid | Jan 2014 | #21 | |
treestar | Jan 2014 | #41 | |
davidthegnome | Jan 2014 | #19 | |
PowerToThePeople | Jan 2014 | #22 | |
progressoid | Jan 2014 | #23 | |
sheshe2 | Jan 2014 | #26 | |
joshcryer | Jan 2014 | #30 | |
sakabatou | Jan 2014 | #7 | |
progressoid | Jan 2014 | #9 | |
Spitfire of ATJ | Jan 2014 | #12 | |
zeemike | Jan 2014 | #16 | |
Name removed | Jan 2014 | #11 | |
obxhead | Jan 2014 | #20 | |
Cha | Jan 2014 | #25 | |
OilemFirchen | Jan 2014 | #27 | |
Cha | Jan 2014 | #28 | |
sheshe2 | Jan 2014 | #29 | |
Cha | Jan 2014 | #32 | |
sheshe2 | Jan 2014 | #33 | |
Cha | Jan 2014 | #36 | |
PowerToThePeople | Jan 2014 | #35 | |
treestar | Jan 2014 | #40 | |
Gravitycollapse | Jan 2014 | #34 | |
tridim | Jan 2014 | #38 | |
Gravitycollapse | Jan 2014 | #39 | |
tridim | Jan 2014 | #42 | |
Gothmog | Jan 2014 | #37 |
Response to Playinghardball (Original post)
Mon Jan 20, 2014, 05:31 PM
11 Bravo (21,103 posts)
1. I wonder what that guy's DU user name is?
Response to 11 Bravo (Reply #1)
Mon Jan 20, 2014, 05:55 PM
Pretzel_Warrior (8,361 posts)
8. nice! but drones...
Response to Pretzel_Warrior (Reply #8)
Tue Jan 21, 2014, 12:10 AM
AverageJoe90 (10,745 posts)
31. And climate doom! Fracking! Snowden! Bush-Lite!
You can't help but wonder sometimes.....
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Response to 11 Bravo (Reply #1)
Mon Jan 20, 2014, 07:09 PM
BlancheSplanchnik (19,943 posts)
15. heh!
Called it!
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Response to 11 Bravo (Reply #1)
Mon Jan 20, 2014, 11:17 PM
Hekate (66,182 posts)
24. Ha! Already here, with pals. nt
Response to Playinghardball (Original post)
Mon Jan 20, 2014, 05:45 PM
awoke_in_2003 (34,582 posts)
3. K&R. nt
Response to Playinghardball (Original post)
Mon Jan 20, 2014, 05:46 PM
spanone (125,117 posts)
4. k&r...
Response to Playinghardball (Original post)
Mon Jan 20, 2014, 05:50 PM
NuclearDem (16,184 posts)
5. I still don't see why soaring corporate and Wall Street profits is a good thing
And color me confused, but I missed the withdrawal from Afghanistan.
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Response to NuclearDem (Reply #5)
Mon Jan 20, 2014, 05:59 PM
Pretzel_Warrior (8,361 posts)
10. do some math on how many were there in 2008 and how many are there now
you may also want to research how stock price typically reflects valuation of a company based on expected growth from current level. many regular joe blow citizens have retirement accounts pegged to indexes. As those indexes go up, their 401k's and IRA's increase in value. Additionally, it speaks to a general economic climate that will spur hiring as companies grow and expand.
We can argue that not enough of a company's profitability makes it to labor, but it is hard to argue broad increase in company valuations by the market is not tied to the larger economic health in our country. |
Response to Pretzel_Warrior (Reply #10)
Mon Jan 20, 2014, 06:13 PM
NuclearDem (16,184 posts)
13. What economic health?
This recovery has been terrific for Wall Street, but absolutely absent for everyone else. Wages are stagnant and most new jobs being created are shitty minimum wage jobs with little in the way of benefits.
That's not a recovery. |
Response to NuclearDem (Reply #13)
Mon Jan 20, 2014, 07:06 PM
BlancheSplanchnik (19,943 posts)
14. pukrs blocked the jobs bill that PBO tried to get through congress,
Pukes blocked tax breaks meant to attract and keep corporations staying in US rather than moving overseas, pukes blocked and reduced stimulus amounts, blocked unemployment extension, food stamps....a zillion other actions that would have helped economy, blocked by pukes or passed during boosh.....
Way more than I can remember. Also.....healthy stocks benefit way more than just Wall St. Wolves. Anyone with pension benefits for one thing...those programs invest in the market. If stocks were to crash, the devastation would make what weve got now look like a picnic. Way much more than I'm able to explain. More knowledgeable people than me here could help. |
Response to Pretzel_Warrior (Reply #10)
Mon Jan 20, 2014, 07:44 PM
progressoid (45,852 posts)
17. US Stock ownership at an all time low.
Response to progressoid (Reply #17)
Mon Jan 20, 2014, 07:47 PM
Pretzel_Warrior (8,361 posts)
18. all time low? Or since the start of your graph in 1999. The range is from 52% to 60%
not exactly a giant spread from fat years to lean years. What was stock ownership percentage for Americans in 1940? 1950? 1960? I doubt it was above 50%.
Still, half or more of U.S. households are directly tied to stock market per your own graph. That's pretty significant percentage. |
Response to Pretzel_Warrior (Reply #18)
Mon Jan 20, 2014, 09:21 PM
progressoid (45,852 posts)
21. Worse, yet, like wealth in America, most of it goes to the top.
The average working American is NOT benefiting from this "recovery".
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Response to Pretzel_Warrior (Reply #18)
Tue Jan 21, 2014, 11:35 PM
treestar (78,088 posts)
41. And they will get back in more
seeing the stock market go up.
It's silly these arguments that the stock market is only for the very rich. Do they realize what happens when it crashes? Then they are willing to admit it has overall effect. |
Response to progressoid (Reply #17)
Mon Jan 20, 2014, 07:55 PM
davidthegnome (2,983 posts)
19. Damn Shameful.
Is the government still pumping billions of dollars into the stock market every month? It's not something I really keep up on because I haven't got any money to invest, but I do wonder if that's, at least in part, the reason why the stock market appears to be doing so well.
As for the wages... this is a National outrage and embarrassment. I make eight dollars an hour, without benefits - and it's not enough to survive on my own, it's not enough to go back to school. There are a lot of people on the same boat. It sucks. I guess the economic recovery kind of went over our heads, or something. It could be worse, I suppose, people like me could all be unemployed... but to call what's happening here an economic recovery for the majority, is a terrible lie. |
Response to progressoid (Reply #17)
Mon Jan 20, 2014, 09:36 PM
PowerToThePeople (9,610 posts)
22. Likely, more average people are draining retirement accounts
to keep afloat during the non-recovery.
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Response to PowerToThePeople (Reply #22)
Mon Jan 20, 2014, 11:05 PM
progressoid (45,852 posts)
23. Yep. n/t
Response to NuclearDem (Reply #5)
Mon Jan 20, 2014, 11:35 PM
sheshe2 (69,740 posts)
26. Well it's OUR 401's
that are regaining strength after the free fall!
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Response to NuclearDem (Reply #5)
Mon Jan 20, 2014, 11:59 PM
joshcryer (61,591 posts)
30. Obama started withdrawing in 2011.
So it's technically true how it's phrased.
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Response to Playinghardball (Original post)
Mon Jan 20, 2014, 05:53 PM
sakabatou (37,853 posts)
7. I would've added something
The guy saying he's the worst president would be, from behind, used by Murdoch a la sock puppet/strings.
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Response to Playinghardball (Original post)
Mon Jan 20, 2014, 05:56 PM
progressoid (45,852 posts)
9. Record Wallstreet and corporate profits are not the halmark of a great president.
Especially while the income of the rest of the country stagnates or declines.
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Response to progressoid (Reply #9)
Mon Jan 20, 2014, 06:08 PM
Spitfire of ATJ (32,723 posts)
12. Politicians have been suckered into thinking what's good for Wall Street is good for Main Street....
America has seen it's not but DC has always been slow to catch up.
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Response to progressoid (Reply #9)
Mon Jan 20, 2014, 07:21 PM
zeemike (18,998 posts)
16. It is for the investor class.
The rest of us don't count...
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Response to Playinghardball (Original post)
Name removed Message auto-removed
Response to Playinghardball (Original post)
Mon Jan 20, 2014, 07:58 PM
obxhead (8,434 posts)
20. Not the worst,
but not the best.
We've yet to actually pull out from Afghanistan and 1,000's of private corporate militia with no or little government oversight still operate in Iraq. Wall street records are based solely on the fed printing money faster than we can chop down trees and a banking industry that has nowhere else to put the money. DADT was repealed simply to avoid a court battle. OBL... that was a bold move that thankfully paid off. "props" on that one. Certainly not the worst, by far, but the toon implies a rosy picture that simply doesn't exist. |
Response to Playinghardball (Original post)
Mon Jan 20, 2014, 11:23 PM
Cha (268,168 posts)
25. Yes whine whine whine..
"Prez is not working fast enough. If I were President I could do 10 times as fast!"
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Response to Cha (Reply #25)
Mon Jan 20, 2014, 11:39 PM
OilemFirchen (6,478 posts)
27. ...with the able assistance of my lovely First Lady,
Morgan Fairchild.
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Response to Cha (Reply #28)
Mon Jan 20, 2014, 11:54 PM
sheshe2 (69,740 posts)
29. Wow, this thread must have gotten tons of views
from those that wanted him to fail.
You know, Cha. Those that really wanted to diss him~ Oh my~ 28 replies, 2265 views ![]() |
Response to Cha (Reply #32)
Tue Jan 21, 2014, 12:51 AM
sheshe2 (69,740 posts)
33. Red whine can be drawn out,
just put salt on the wound (Ouch that stings) I meant the stain!
[url=http://postimage.org/][img] ![]() ![]() |
Response to sheshe2 (Reply #33)
Tue Jan 21, 2014, 01:04 AM
Cha (268,168 posts)
36. Obama says..
thanks she!
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Response to sheshe2 (Reply #29)
Tue Jan 21, 2014, 12:58 AM
PowerToThePeople (9,610 posts)
35. Well sheshe2
I clicked this thread thinking it was something about GWB. You certainly can not tell from the title what it will be about.
Title is click fodder, lots of people took the bait. |
Response to sheshe2 (Reply #29)
Tue Jan 21, 2014, 11:34 PM
treestar (78,088 posts)
40. The effort to claim there is no economic recovery
borders on hilarious.
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Response to Playinghardball (Original post)
Tue Jan 21, 2014, 12:54 AM
Gravitycollapse (8,155 posts)
34. Except it was the Bush administration that is responsible for the auto bailout.
Credit should be given where credit is due.
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Response to Gravitycollapse (Reply #34)
Tue Jan 21, 2014, 09:57 AM
tridim (45,358 posts)
38. Heh. Are they taking credit for that now too?
Yes, Bush threw some no-strings cash at the auto industry, failed, and then handed the bailout over to the incoming Obama administration who promptly made the bailout work.
In a few short months they'll also be taking credit for Obamacare, just watch. |
Response to tridim (Reply #38)
Tue Jan 21, 2014, 11:11 PM
Gravitycollapse (8,155 posts)
39. The bailout was the money given. And that was in 2008.
The Obama administration doesn't get credit for it for collecting the return checks.
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Response to Gravitycollapse (Reply #39)
Wed Jan 22, 2014, 07:31 AM
tridim (45,358 posts)
42. Uhm, no.
http://en.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization
The Bush admin provided a small bridge loan in 2008, but the bailout, restructuring and loan was stipulated and negotiated by the Obama Administration. As much as you would apparently like to believe it, Bush did not save GM. |
Response to Playinghardball (Original post)
Tue Jan 21, 2014, 09:17 AM
Gothmog (91,000 posts)