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DireStrike

(6,452 posts)

35. "The market" - the biggest bullshit excuse to give money to the rich

Wed Jan 2, 2013, 09:47 AM

Jan 2013

If the market tanks, the only thing it means is that rich people will cry and throw tantrums with their money. So we have to take care of their pet for them so they don't wreck the economy.

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It was all about Wall Street all along. Apparently, this whole theater of the absurd [View all] Cleita Jan 2013 OP

Insider trading? MightyMopar Jan 2013 #1

See how the markets react tomorrow and you tell me. eom Cleita Jan 2013 #2

I spent my more "formative" years as an adult out in Silicon truedelphi Jan 2013 #14

govt contracts = time-honored path to success in the free market HiPointDem Jan 2013 #29

Stock futures up strongly right now. Loudly Jan 2013 #3

I saw it coming in Nov. and bought a Jan. 19 DIA call option. xtraxritical Jan 2013 #43

ah Cleita you are catching on! Skittles Jan 2013 #4

Took long enough! Cleita Jan 2013 #6

I never wrote you off Skittles Jan 2013 #9

The markets ARE hugely important in our economy. Honeycombe8 Jan 2013 #5

They aren't the end all and be all though. Cleita Jan 2013 #7

Well, no, but that is a thing to consider when negotiating about a fiscal cliff. Honeycombe8 Jan 2013 #10

Markets are one thing Jim Warren Jan 2013 #8

These would be the retirement funds with brochures full of returns at 4, 6, 7% that are only jtuck004 Jan 2013 #11

+ Every single person who lost their home, had their job outsourced, etc n/t truedelphi Jan 2013 #15

+1 leftstreet Jan 2013 #19

You are mistaken. Millions of people rely on 401ks for their retirement... Honeycombe8 Jan 2013 #23

Maybe, but at least I'm not an unimportant little bully that blames victims and jtuck004 Jan 2013 #24

Thank you. DiverDave Jan 2013 #32

Name calling because you disagree with another poster? Honeycombe8 Jan 2013 #44

Placing arrogant little bully on ignore. Honeycombe8 Jan 2013 #46

Well, 50,000 people a month being foreclosed on, 26 million wanting jobs, all those are jtuck004 Jan 2013 #47

And: Table 1: Distribution of net worth and financial wealth in the United States, 1983-2010 jtuck004 Jan 2013 #25

the stock market has fuck all to do with whether we're in recession or not. & 2/3 of retirees HiPointDem Jan 2013 #30

K&R JReed Jan 2013 #12

Voila. Amonester Jan 2013 #13

Superman saved the day Mosaic Jan 2013 #16

He deserves it. jonthebru Jan 2013 #21

Corporate Goons ARE our politicians cbrer Jan 2013 #17

Dont be suprised if you see the markets tank on the news. grahamhgreen Jan 2013 #18

It's all fun and games until the 401 Ks start crashing. bubbayugga Jan 2013 #20

Our 401K became .401k before I was able to retire. hobbit709 Jan 2013 #22

Lost mine in the Bush economy post Clinton. The income went down to nada and Cleita Jan 2013 #36

or build ourselves up brick by brick earcandle Jan 2013 #26

Or start throwing bricks Jim Warren Jan 2013 #27

Go vote for Ralph Nader or another 3rd party but remember- graham4anything Jan 2013 #28

Who ever said anything about voting for Nader or third party? Cleita Jan 2013 #31

WOW...Ralph Nader is a SUPERMAN!!! bvar22 Jan 2013 #38

Word for the day: Fallacy Solly Mack Jan 2013 #39

You got it, Cleita. 99Forever Jan 2013 #33

They know our whole financial system is a house of cards CanonRay Jan 2013 #34

"The market" - the biggest bullshit excuse to give money to the rich DireStrike Jan 2013 #35

There is a New GOD in town. bvar22 Jan 2013 #37

No kidding! Cleita Jan 2013 #40

Yep. BUT, if the 1% and Wall Street DID get pissed off, Doctor_J Jan 2013 #41

Agree. We've been Cleita Jan 2013 #42

Wall Street is the holy temple of the God of Mammon AZ Progressive Jan 2013 #45