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Still a Democrat (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:31 PM Original message |
Gobama! US Stocks End 2010 With Second-Straight Year Of Gains |
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DavidDvorkin (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:32 PM Response to Original message |
1. Prepare for snark, anger, dismissal, and unrecs. |
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Rex (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:36 PM Response to Reply #1 |
4. A little wishful thinking there are ya? |
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mdmc (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:23 PM Response to Reply #1 |
49. from all those not vested in the market |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:32 PM Response to Original message |
2. That does nothing for 95% of Americans. |
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treestar (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:38 PM Response to Reply #2 |
7. Where does that come from? |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:41 PM Response to Reply #7 |
9. Really, so where are the jobs with 10% |
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walldude (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:30 PM Response to Reply #9 |
54. Actual unemployment is said to be between 17 and 22% |
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treestar (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:56 PM Response to Reply #9 |
60. My point is the general idea that the stock market doing better |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:10 PM Response to Reply #7 |
15. So you're a trickle down economic theorist? |
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Uben (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:00 PM Response to Reply #15 |
40. One BIG reason there are no jobs..... |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 06:49 PM Response to Reply #40 |
69. While it is true automation eliminates jobs, however... |
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treestar (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:59 PM Response to Reply #15 |
61. But why would it not get worse where the stock market goes down |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:30 PM Response to Reply #61 |
73. Why would the stock market and the job market not get better with consumer sided economics? |
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vi5 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:18 PM Response to Reply #7 |
16. The stock market is not the economy... |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:43 PM Response to Reply #16 |
25. profits don't go to CEO and CFO. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:45 PM Response to Reply #25 |
29. Oh, poof. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:50 PM Response to Reply #29 |
31. Of course they do but that isn't profits. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:54 PM Response to Reply #31 |
32. You seem to have profits mixed up with capital gains. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:56 PM Response to Reply #32 |
35. Which doesn't have shit to do with the price of tea in China. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:59 PM Response to Reply #35 |
39. I guess you are getting mad because you have |
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vi5 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 06:00 PM Response to Reply #25 |
65. So do you honestly believe... |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 06:41 PM Response to Reply #65 |
67. However there is a limit on how far you can cut employment. |
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vi5 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 06:50 PM Response to Reply #67 |
70. No, but there is no doubt that any company's goal |
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treestar (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 05:02 PM Response to Reply #16 |
62. This may be true but still it matters that companies do better |
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vi5 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 05:55 PM Response to Reply #62 |
63. I understand business. |
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Hydra (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 08:32 PM Response to Reply #16 |
74. "The stock market is not the economy" |
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DireStrike (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:57 PM Response to Reply #7 |
36. I GUESS that statement is true |
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tyne (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:59 PM Response to Reply #2 |
12. Actually, it does. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:07 PM Response to Reply #12 |
14. Trust me, I have been retired now for fifteen years, and |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:21 PM Response to Reply #2 |
17. Where do you get your stats from? Roughly 50% of Americans have wealth in stocks. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:24 PM Response to Reply #17 |
19. So where is your link to that 50% statement?n/t |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:27 PM Response to Reply #19 |
20. Here is one source ... |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:38 PM Response to Reply #20 |
21. How about this chart. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:42 PM Response to Reply #21 |
23. Only people w/ >$100K income benefit when market rises? Really? |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:44 PM Response to Reply #23 |
27. Who can afford to lose millions a day other than |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:55 PM Response to Reply #27 |
33. Where do you get these numbers from "millions a day", "thousands a day" |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:58 PM Response to Reply #33 |
38. You apparently have never bought or traded stock. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:02 PM Response to Reply #38 |
43. Your telling me I haven't traded stocks? |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:44 PM Response to Reply #17 |
28. The top 10% wealthiest Americans own 98.5% of all the stocks in the country. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:49 PM Response to Reply #28 |
30. While the rest may not be deriving the majority of the benefit it is illogical to say .. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:56 PM Response to Reply #30 |
34. So you really believe that trickle down BS and yet |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:57 PM Response to Reply #34 |
37. No I don't believe in trickle down BS. |
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DireStrike (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:01 PM Response to Reply #30 |
41. You're making this big stink over 1.5%? |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:05 PM Response to Reply #41 |
44. 1.5% of the roughly $140 trillion in wealth in the US is $2.1 trillion. |
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DireStrike (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:10 PM Response to Reply #44 |
45. 140 trillion in wealth, or 140 trillion in stocks? |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:45 PM Response to Reply #17 |
58. Bottom 90% shared 18% of all stock/mutual fund wealth circa 2007. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:48 PM Response to Reply #58 |
59. Of course it is wealth. I may be improperly allocated but it is still wealth. |
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NutmegYankee (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:25 PM Response to Reply #2 |
72. Far more than 5% of Americans have stocks. |
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Rex (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:33 PM Response to Original message |
3. It is a real shame they can crash the market on purpose. |
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Odin2005 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:37 PM Response to Original message |
5. Fuck Wall Street. |
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gulliver (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:37 PM Response to Original message |
6. Ship rightside-up again. Pumps operational. |
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Raschel (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:40 PM Response to Original message |
8. While I support the President, I don't believe that any economic gains benefit the common man |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:42 PM Response to Reply #8 |
10. You are right because the jobs that provide those |
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sabrina 1 (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 02:43 PM Response to Original message |
11. Well, the Wall St. Gambling Casino is still providing well |
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msongs (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:01 PM Response to Original message |
13. lol the wealthy elites are doing fine with all these republican policies in place lol nt |
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xchrom (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:21 PM Response to Original message |
18. Why do people still think that the stock market is an |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:15 PM Response to Reply #18 |
46. Correct. The vast majority of middle class wealth is tied up in home equity.. |
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Proud Liberal Dem (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:40 PM Response to Original message |
22. Not bad |
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Hannah Bell (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:42 PM Response to Original message |
24. this is why the top 20% like him while the rest wonder when it's going to get better. |
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Statistical (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 03:44 PM Response to Reply #24 |
26. 55% of Americans have wealth in the stock market. That wealth increased this year. |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:19 PM Response to Reply #26 |
47. Bullshit. Most have peanuts in the market. Small shareholders are fodder for bubbles and crashes. |
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WinkyDink (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:28 PM Response to Reply #26 |
52. "wealth"? |
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walldude (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:38 PM Response to Reply #26 |
56. I find that figure amazing since 20% of Americans |
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rug (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:01 PM Response to Original message |
42. That's all that matters. |
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aikoaiko (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:22 PM Response to Original message |
48. My fav part of the rising stock market is the abundant silence from all those who announced losses |
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WinkyDink (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:24 PM Response to Original message |
50. Stock prices always rise when UNemployment does. No cheers here. |
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DavidDvorkin (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:25 PM Response to Original message |
51. Soaring market --> more IPOs --> more jobs |
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WinkyDink (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:29 PM Response to Reply #51 |
53. Evidence? |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:36 PM Response to Reply #53 |
55. It's the Church of Adam Smith. We don't need no steenkin' evidence. |
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Tierra_y_Libertad (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 04:40 PM Response to Original message |
57. Yay, Reaganomics! Get yer cup and wait for the trickle from the capitalists. |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 05:56 PM Response to Original message |
64. Stocks are up? WUR DOOOOMED! |
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KG (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 06:36 PM Response to Original message |
66. so the parasite class is doing well. as always. whoop-dee-dam-doo. |
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Marr (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 06:43 PM Response to Original message |
68. You or your parents must be quite well off. |
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Raine (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 07:09 PM Response to Original message |
71. Gosh with such good news |
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neverforget (1000+ posts) Send PM | Profile | Ignore | Sat Jan-01-11 08:42 PM Response to Original message |
75. 4 reasons for optimism in the 2011 economy. |
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