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Old 03-05-2013, 07:18 PM  
BigRedChief BigRedChief is offline
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Dow Jones hits record all time high

http://www.pbs.org/newshour/bb/busin...ets_03-05.html

Corporate profits at an all time high. Corporate profits up 117% under Obama.
http://www.drudge.com/news/163559/co...-all-time-high

http://www.bloomberg.com/news/2013-0...ma-policy.html
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Old 03-06-2013, 07:35 AM   #121
petegz28 petegz28 is offline
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Originally Posted by La literatura View Post
So, what happens in a bull market?
I give up. What?
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Old 03-06-2013, 07:40 AM   #122
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I give up. What?
I could answer this if it were a duck market.

a duck for a ****, a **** for a duck & one ****ed up duck
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Old 03-06-2013, 09:22 AM   #123
Comrade Crapski Comrade Crapski is offline
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That's exacly what we have... a Federal Reserve Bubble.
Yup.

meanwhile, the litte people who don't live on Manhattan's upper east side...

DOWNINGTOWN, Pa. (CBS) — A new national study shows that too many of us are cashing out 401(k) accounts to pay bills. If that retirement account is calling your name, a financial expert advises you to stop listening.

When the bills pile up and money is tight, many people turn to their 401(k) accounts to help ease the bind.

Downingtown, Pa. CPA Jacquelyn Basso says it’s not a good idea to raid your retirement; you’re getting money now that you’ll need to live on when you’re older.

“You can borrow from your 401(k) and pay back yourself and maybe not incur a penalty. But if you lose your job or leave your job, you have to pay it all back and if you can’t pay it back, you’ll be subject to the penalties and the taxes,” Basso explained.

She says if you’re thinking of taking cash out of your 401(k), remember you’ll have to pay a 10-percent penalty and income taxes now, so you actually lose some of your savings paying those off.

http://philadelphia.cbslocal.com/201...-to-pay-bills/
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Old 03-06-2013, 09:36 AM   #124
La literatura La literatura is offline
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Originally Posted by petegz28 View Post
I give up. What?
I don't know. You're the expert.
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Old 03-06-2013, 09:40 AM   #125
petegz28 petegz28 is offline
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Originally Posted by La literatura View Post
I don't know. You're the expert.
no, no...none of us can hold a candle to your investment savy.
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Old 03-06-2013, 12:55 PM   #126
petegz28 petegz28 is offline
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Originally Posted by petegz28 View Post
I would say it's more like the Federal Reserve years have been good.
When you're right, you're right

Quote:
Bernanke Drives Bull Market to 4th Birthday, 130 Percent Gain

One of the longest and most powerful equity bull markets in history turns 4 years old today. And traders believe there is just one man to thank: Federal Reserve Chairman Ben Bernanke.
http://www.cnbc.com/id/100524681
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Old 03-06-2013, 01:05 PM   #127
BucEyedPea BucEyedPea is offline
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When you're right, you're right



http://www.cnbc.com/id/100524681
All of which is artificial and in the long term bad. Wall Street is not Main Street. This just may be the mother of all bubbles too. It will burst like the others with more hell to pay than before.
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Old 03-06-2013, 01:09 PM   #128
Comrade Crapski Comrade Crapski is offline
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Isn't food stamp usage at an all time record high under Obama, too?
That's Bush's fault.
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Old 03-06-2013, 02:06 PM   #129
LiveSteam LiveSteam is offline
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Old 03-06-2013, 02:52 PM   #130
KCWolfman KCWolfman is offline
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Originally Posted by blaise View Post
Isn't food stamp usage at an all time record high under Obama, too?
Yes, as well as unemployment wages and other government assistance programs.

But hey, that is George Bush's fault.
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Old 03-06-2013, 02:53 PM   #131
KCWolfman KCWolfman is offline
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Originally Posted by Comrade Crapski View Post
That's Bush's fault.
Dammit!
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Old 03-06-2013, 05:35 PM   #132
KC native KC native is offline
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Again, if we are praising the President as the reason for the rise in the market (As the title suggests), shouldn't we be damning him with the same voice as he stated the Sequestration was the beginning of the end?

*chirp chirp*
Yea, let's conveniently forget all the doomsday, OBAMA IZ GONNA CONFIZCATE MAH STUFFZZZZ predictions from the right.


Anyone who blames/credits market movements to a singular cause is a ****ing moron.
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Old 03-06-2013, 05:41 PM   #133
KCWolfman KCWolfman is offline
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Yea, let's conveniently forget all the doomsday, OBAMA IZ GONNA CONFIZCATE MAH STUFFZZZZ predictions from the right.


Anyone who blames/credits market movements to a singular cause is a ****ing moron.
I agree, the author of this thread was not intelligent in any way with this post.
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Old 03-06-2013, 05:44 PM   #134
KCWolfman KCWolfman is offline
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Yea, let's conveniently forget all the doomsday, OBAMA IZ GONNA CONFIZCATE MAH STUFFZZZZ predictions from the right.


Anyone who blames/credits market movements to a singular cause is a ****ing moron.
White Paper Reviews Taking Weapons From American Citizens and Requires National Registration

Of course, they aren't reviewing that possibility.
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Old 03-06-2013, 05:47 PM   #135
theelusiveeightrop theelusiveeightrop is offline
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All of which is artificial and in the long term bad. Wall Street is not Main Street. This just may be the mother of all bubbles too. It will burst like the others with more hell to pay than before.
Bush's fault on this as well.
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