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-   -   Dow Jones Breaks Record Under Socialist Obama (https://gfy.com/showthread.php?t=1108800)

GrantMercury 05-07-2013 03:01 PM

Dow Jones Breaks Record Under Socialist Obama
 
If I've learned anything from Fox News (and I haven't), it's that Obama set out to destroy Capitalism. Lolz.

Quote:

?We don?t think people are giving enough credit to the strength of the economy,? said Ryan Detrick, a senior technical strategist at Schaeffer?s Investment Research. ?We still like the market.?

Higher profits at U.S. companies have been a key driver for the stock market. More than 80 percent of companies in the S&P 500 index have reported first-quarter earnings, and profits are at a record level.

http://www.suntimes.com/business/199...irst-time.html

http://arizonamun.org/mundi/wp-conte...a-party-11.jpg

_Richard_ 05-07-2013 03:01 PM

hip hip hurrah for printed money?

MaDalton 05-07-2013 03:02 PM

i read that jobs are up and gas prices are down as well?

Rochard 05-07-2013 03:06 PM

According to Minte, who just expanded his business, Obama is bad for business.

CDSmith 05-07-2013 03:09 PM

Let me know when he figures out how to strengthen the USD. Until that happens I don't care who's in office, they're all useless.


:D

_Richard_ 05-07-2013 03:14 PM

Quote:

Originally Posted by Rochard (Post 19615599)
According to Minte, who just expanded his business, Obama is bad for business.

http://i.imgur.com/X8FIfQX.gif

careful, or your posts may start getting edited :winkwink:

Fat Panda 05-07-2013 03:18 PM

yup print print print

DWB 05-07-2013 03:22 PM

The FED is printing money and it makes the Wall Street crooks go crazy. Simple as that. Just like how a single tweet crashed it, the opposite happens when money is created from nothing. Gives them a boner.

arock10 05-07-2013 04:04 PM

sucks to be all the poors with no stocks...

brassmonkey 05-07-2013 04:22 PM

yeah obama started the war on terror :error wars cost

L-Pink 05-07-2013 04:29 PM

Your life must suck.

purecane 05-07-2013 07:40 PM

http://25.media.tumblr.com/bfc566d23...7j52o1_400.gif

lezinterracial 05-07-2013 07:59 PM

Seems all the countries are keeping their interest rates low. Will be interesting to see how this turns out and how long this can be kept up.

GrantMercury 05-08-2013 01:54 PM

Quote:

Originally Posted by Rochard (Post 19615599)
According to Minte, who just expanded his business, Obama is bad for business.

http://media.tumblr.com/tumblr_mcw4ov7sIU1rrzoiu.gif

GrantMercury 05-08-2013 01:57 PM

Quote:

Originally Posted by L-Pink (Post 19615682)
Your life must suck.

Quite the contrary, but continue speculating if it makes you happy. :winkwink:

pimpmaster9000 05-08-2013 04:33 PM

yes yes profits are at an all time high EXCEPT if you had one million dollars in cash before 9/11 the exchange rate was 1200 euros for 1000$...now you get 769 euros for 1000$...

simple math you are 431 euros short on the same 1000$ or, in my one million $ example you are short a whopping 431000 euros since 9/11

so on one million $ you lost (at todays conversion rate) 567.000$...now in the USA a dollar is a dollar...but that same company is now 50% cheaper for foreigners to acquire being that the dollar dropped 50% on the euro since 9/11...

using that logic I am a former billionaire LOL we had hyperinflation and I was actually a trillionaire...it did not make the economy any better or stronger...

"all time profits" is relative...

theking 05-08-2013 04:41 PM

Quote:

Originally Posted by crucifissio (Post 19617176)
yes yes profits are at an all time high EXCEPT if you had one million dollars in cash before 9/11 the exchange rate was 1200 euros for 1000$...now you get 769 euros for 1000$...

simple math you are 431 euros short on the same 1000$ or, in my one million $ example you are short a whopping 431000 euros since 9/11

so on one million $ you lost (at todays conversion rate) 567.000$...now in the USA a dollar is a dollar...but that same company is now 50% cheaper for foreigners to acquire being that the dollar dropped 50% on the euro since 9/11...

using that logic I am a former billionaire LOL we had hyperinflation and I was actually a trillionaire...it did not make the economy any better or stronger...

"all time profits" is relative...

Once again sport...you are ignorant about the subject you are talking about...it does not quiet work that way.

_Richard_ 05-08-2013 04:53 PM

Quote:

Originally Posted by theking (Post 19617185)
Once again sport...you are ignorant about the subject you are talking about...it does not quiet work that way.

trolling is a art

Minte 05-08-2013 04:53 PM

Quote:

Originally Posted by Rochard (Post 19615599)
According to Minte, who just expanded his business, Obama is bad for business.

He is bad for business. This recovery would've happened years ago without the massive divide that was created with Obamacare. Business people aren't stupid. They made money during Carters term too. And they made lots of money during Clintons term.

But let's keep it real. The stock market gains don't effect very many people. Jobless rates are still way too high. Gas prices are way to high. Food prices are rising rapidly..

_Richard_ 05-08-2013 05:03 PM

blame the black guy!

we get it

problem is.. economy has been sliding for some time now, yes?

Minte 05-08-2013 05:16 PM

Quote:

Originally Posted by _Richard_ (Post 19617212)
blame the black guy!

we get it

problem is.. economy has been sliding for some time now, yes?

He is the potus and he is black..so that would be the obvious conclusion.

_Richard_ 05-08-2013 05:19 PM

funny the focus of your answer

telling

directfiesta 05-08-2013 05:32 PM

Quote:

Originally Posted by purecane73 (Post 19615862)

Reminds me of Stickyfingers .... Fedex Enveloppe ... :1orglaugh:1orglaugh:1orglaugh

SuckOnThis 05-08-2013 05:36 PM

Quote:

Originally Posted by Minte (Post 19617201)
He is bad for business.

Agreed. He's fucking terrible, a blind man could see that.


http://4.bp.blogspot.com/--ctP0ss9KJ...and%2Bjobs.jpg


http://2.bp.blogspot.com/-iqYqC11YpZ...%2Bdeficit.jpg


http://4.bp.blogspot.com/-ZhvhWOj2Ay...96839c6977.jpg

_Richard_ 05-08-2013 05:40 PM

Quote:

Originally Posted by SuckOnThis (Post 19617240)

HAY

Stop posting all those Gang Signs

StickyGreen 05-08-2013 05:41 PM

It's crazy how someone can attribute something like the Dow Jones being at a high level to Obama, as if he had something to do with it... lol

It's so high right now due to the Federal Reserve propping up the economy by introducing $85 Billion new dollars into the money supply each month. This charade can only go on for so long...

Minte 05-08-2013 05:46 PM

Quote:

Originally Posted by StickyGreen (Post 19617247)
It's crazy how someone can attribute something like the Dow Jones being at a high level to Obama, as if he had something to do with it... lol

It's so high right now due to the Federal Reserve propping up the economy by introducing $85 Billion new dollars into the money supply each month. This charade can only go on for so long...

What's even funnier is how these idiots can cackle on about how good Obama is for the stock market when I know damn well they will never make a single cent in it.

SuckOnThis 05-08-2013 05:48 PM

Quote:

Originally Posted by Minte (Post 19617254)
What's even funnier is how these idiots can cackle on about how good Obama is for the stock market when I know damn well they will never make a single cent in it.


What? Trickle down is bullshit?

pimpmaster9000 05-09-2013 02:33 AM

Quote:

Originally Posted by theking (Post 19617185)
Once again sport...you are ignorant about the subject you are talking about...it does not quiet work that way.

yes yes the basic laws of economy cease to exist when theking says so...

the famous "a dollar is a dollar inside the USA" short sighted argument...

1) your weak dollar may be good for export but you do not produce much these days do you? you have to take your weak dollar and pay outsourced work with it and this relies on 3rd world counties artificially pegging their currency against yours :1orglaugh not a solid long term foundation for the USA eh?

2) the US gov may be able to print money and dump it, but your corporations can not...their investment/buying power is linked to the weak US$ OR AT BEST profits they made abroad outside the USA like apple that keeps its foreign profit money abroad :2 cents: ....SURE they make bank ABROAD...BUT this money is now super expensive to bring back to the USA...this money has actually nothing to do with the USA its private and will be invested in more outsourcing...bright future eh?

3) your economy just got cheaper for the petro dollar crowd to buy...this is not good for your economy by any stretch of the imagination...your piece of the pie is getting smaller and smaller...

you are like frank for bitcoins :1orglaugh no amount of logic and common sense can stand in the way of your faith in a sinking ship :1orglaugh

grumpy 05-09-2013 04:34 AM

stockexchange has its own economy, it not at all related anymore to the people economy, unemployment worldwide has never been higher, debts has never been higher, stockexchange has never been higher, be alert for the next big bubble, the stock bubble, dont say i didnt warn you.

seeandsee 05-09-2013 05:01 AM

obama saves world asses

2MuchMark 05-09-2013 05:44 AM

Quote:

Originally Posted by DWB (Post 19615620)
The FED is printing money and it makes the Wall Street crooks go crazy. Simple as that. Just like how a single tweet crashed it, the opposite happens when money is created from nothing. Gives them a boner.

Only the US Treasury can print money, not the Federal Reserve. Printing money would cause deflation. The more money in circulation the less it is worth. The carton of milk that cost $1.00 yesterday would cost $100 today which clearly is not the case.

tony286 05-09-2013 05:45 AM

Quote:

Originally Posted by ********** (Post 19617769)
Only the US Treasury can print money, not the Federal Reserve. Printing money would cause deflation. The more money in circulation the less it is worth. The carton of milk that cost $1.00 yesterday would cost $100 today which clearly is not the case.

Thank you well said

_Richard_ 05-09-2013 11:08 AM

Quote:

Originally Posted by ********** (Post 19617769)
Only the US Treasury can print money, not the Federal Reserve. Printing money would cause deflation. The more money in circulation the less it is worth. The carton of milk that cost $1.00 yesterday would cost $100 today which clearly is not the case.

unless the new money was being exported.. and that just means your hyper inflation is 'put off'

sperbonzo 05-09-2013 11:23 AM

Quote:

Originally Posted by _Richard_ (Post 19618299)
unless the new money was being exported.. and that just means your hyper inflation is 'put off'

BINGO! Which is exactly what is happening. **********, you really should try googling and reading some articles about the exporting of US inflation that is going on. You may rethink what you just posted.




.:2 cents:

crockett 05-09-2013 11:28 AM

Quote:

Originally Posted by SuckOnThis (Post 19617255)
What? Trickle down is bullshit?

Come now Trickle down is Reagan Gospel.. Saying that was bull shit is like saying the Bible is fake!

Besides that lets not forget you can only say it was Obama fault if it's bad. That's the way it works in Rightyland. However anything that was bad during Bush's term was the Liberal controlled congress's fault. Don't you guys know anything...

_Richard_ 05-09-2013 11:33 AM

Quote:

Originally Posted by crockett (Post 19618326)
Come now Trickle down is Reagan Gospel.. Saying that was bull shit is like saying the Bible is fake!

Besides that lets not forget you can only say it was Obama fault if it's bad. That's the way it works in Rightyland. However anything that was bad during Bush's term was the Liberal controlled congress's fault. Don't you guys know anything...

Reagan Gospel? He wishes:

horse and sparrow economics (1800s)

Supply Side Economics (1920s-1950s)

Trickle Down Economics (1960s+)

StickyGreen 05-09-2013 03:05 PM

Quote:

Originally Posted by ********** (Post 19617769)
Only the US Treasury can print money, not the Federal Reserve. Printing money would cause deflation. The more money in circulation the less it is worth. The carton of milk that cost $1.00 yesterday would cost $100 today which clearly is not the case.

Printing money causes inflation, not deflation lol. The main reason we aren't feeling the effects of the inflation yet is because it is being exported.

And I think you might be confused by the term "printing," only a tiny percentage of U.S. dollars in the total money supply are actual paper bills, the rest are simply digits on a computer screen which originate from the Federal Reserve, not the Treasury.

So when you hear people talking about the Federal Reserve "printing" $85 Billion new dollars per month with their "quantatative easing" programs they are not talking about physical paper money.

_Richard_ 05-09-2013 03:19 PM

Quote:

Originally Posted by Minte (Post 19617254)
What's even funnier is how these idiots can cackle on about how good Obama is for the stock market when I know damn well they will never make a single cent in it.

http://i.imgur.com/Mz0IGmg.jpg

need this, yes?

tell me, what's it like being a big factory owner, coming to a board full of 'idiots', and telling them how much money they won't make? Feels good?

Minte 05-09-2013 03:29 PM

Quote:

Originally Posted by _Richard_ (Post 19618643)
http://i.imgur.com/Mz0IGmg.jpg

need this, yes?

tell me, what's it like being a big factory owner, coming to a board full of 'idiots', and telling them how much money they won't make? Feels good?



It's not a board full of idiots. There are many very bright people that post here. There are also still some very successful people that post here.

What's it like not being a part of either of those groups.

pornmasta 05-09-2013 03:47 PM

http://4.bp.blogspot.com/-ZhvhWOj2Ay...96839c6977.jpg

I don't find this one so good...

_Richard_ 05-09-2013 03:53 PM

Quote:

Originally Posted by Minte (Post 19618655)
It's not a board full of idiots. There are many very bright people that post here. There are also still some very successful people that post here.

What's it like not being a part of either of those groups.

you tell me

btw:

http://mozlo.com/gfy/cry-baby2.gif

classy.


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