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  1. #1

    Why are the lame stream media and very stupid people so excited about the DOW ?

    it is a record high number with a devalued dollar

    So what the Dow Jones is over 14,000...
    look at how many Bernanke bucks have been pumped into the system....

    looking elsewhere, what else is either at all time highs or approaching it.

    the price of gas, the price of bread, the price of milk, the list goes on and on.

    and yet the Obama jizz sucklers will regurgitate the news mindlessly

  2. #2

    back in October 2007 the average price of gas was around 2.76 a gallon

    the average price of diesel was a little over 3 dollars a gallon.....
    right now both averages are about 33 % higher

  3. #3

    it looks like in 2007 a loaf of bread was anywhere between 99 cents - $1.40.....
    today you would feel lucky to get a loaf for 2 dollars
    ( 50-100% increase )

  4. #4

    It is no wonder Obama is the Food Stamp president.

    I cannot think of many everyday things that has not gone up 33% or more.

    the poor and middle class are getting hammered by this clown

  5. #5

    White House goes silent on Dow record high — not always so quiet on stock market

    White House Press Secretary Jay Carney declined to weigh in on the Dow hitting an all-time high on Tuesday, a development clashing with President Obama’s assertion that across-the-board spending cuts would imperil the economy.
    “I don’t comment on markets,” Carney insisted on Tuesday.
    Just two months ago, however, Carney cited the stock market as proof that Republicans were harming the economy.
    “I would remind you of the damage caused to our economy by the approach that House Republicans took on this matter just in the summer of 2011,” Carney said in January when asked about fiscal negotiations between Obama and House Speaker John Boehner. “As a result of their flirtation with default, the stock market plummeted. The Dow fell 7 percent, or almost 900 points, in late July and early August of 2011. The United States was downgraded and the Dow fell another 10 percent, or 1100 points after the S&P downgraded the United States. Consumer confidence plummeted to its lowest point since the financial crisis in 2008.”


    Carney was defensive Tuesday when asked if the White House could back up its claims about longer lines at airports in the wake of $85 billion in cuts starting on Friday.

    “Then I think you should go with the story that the sequestration is having no effect,” Carney said sarcastically.

  6. #6

    Because people dont understand the difference between real value and nominal value

  7. #7

    that is why they make up a great percentage of the Democrat base, they are incapable of free thought.

    guys like Theguesser obediently lap up Obama's jizz with glee

  8. #8

    The Sun just rising in Belize, I have 7 friends that came to visit me from the north so I will be offline for a while.

    usually this is when she ( theguesser ) comes out and plays tough girl

  9. #9

    Last time it was around this level was 2007...we all remember what happened soon after

    We're in for a 5-7% correction before summer's out anyway. EVen though the Dow is simply and average of 30 companies and not the overall economy, anyone who has money in the game now sees the information....this is a pure technical run.

  10. #10

    Exactly IP, the market doesn't reflect the true economy, but good economic indicators help with the Dow.

    We have many good economic indicators going for us. Has anyone noticed more TV ads? Getting more
    junk mail? More ads on your internet pages? I have. That's another economic indicator. Businesses are
    investing in themselves again.

    Turd could probably confirm this, but I'm seeing more trucks on the road also. Another indicator.

  11. #11

    I warned you all that we are going to see a crash of major proportions.

    Get ready.

  12. #12

    The rebound is inevitable

    War may help the economic numbers...
    what it will do to the market will probably cause fluctuation.

    Obama may surrender to Iran and let his fellow Muslims run the USA

  13. #13

    Oh yeah, war is real good for the economy. Why do you think this recession (depression) was so bad?
    Come to think of it, if we didn't have two wars, maybe Bush's tax cuts might've pulled us out, but with two wars, no.

  14. #14
    Andy117
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    Quote Originally Posted by Let's Go Rangers View Post
    it looks like in 2007 a loaf of bread was anywhere between 99 cents - $1.40.....
    today you would feel lucky to get a loaf for 2 dollars
    ( 50-100% increase )
    The only bread you could get for .99 - $1.40 in 2007 was store brand bread, saw some yesterday in Shop Rite for .99

  15. #15

    A regular size loaf of bread or a short loaf?

  16. #16

    Quote Originally Posted by Let's Go Rangers View Post
    The Sun just rising in Belize, I have 7 friends that came to visit me from the north so I will be offline for a while.

    usually this is when she ( theguesser ) comes out and plays tough girl
    Don Juan and Stiln came for a visit??

  17. #17

    Stiln, DL36, CD329 are all such big pussies they would never come here without Wally to protect them

  18. #18
    Andy117
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    Quote Originally Posted by Let's Go Rangers View Post
    A regular size loaf of bread or a short loaf?
    Regular size.

  19. #19

    before I left the states occasionally I would still see 99 cents to a 1.29 ( usually older stuff )

    with inflation the way it is I see the Dow going up to 16200 this year ( if there are no major events )
    and would think within 2 years around 18,000 ( which with inflation / Obama's devalued dollar ) should be around the number right now [ Bush's 14,000 plus 33 percent ])

  20. #20
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    "Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables),namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else", just like everyone sold ahead of everyone else on October 11th 2007, the last time stocks were here...

    • Dow Jones Industrial Average: Then 14164.5; Now 14164.5
    • Regular Gas Price: Then $2.75; Now $3.73
    • GDP Growth: Then +2.5%; Now +1.6%
    • Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
    • Americans On Food Stamps: Then 26.9 million; Now 47.69 million
    • Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
    • US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
    • US Deficit (LTM): Then $97 billion; Now $975.6 billion
    • Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
    • US Household Debt: Then $13.5 trillion; Now 12.87 trillion
    • Labor Force Particpation Rate: Then 65.8%; Now 63.6%
    • Consumer Confidence: Then 99.5; Now 69.6
    • S&P Rating of the US: Then AAA; Now AA+
    • VIX: Then 17.5%; Now 14%
    • 10 Year Treasury Yield: Then 4.64%; Now 1.89%
    • USDJPY: Then 117; Now 93
    • EURUSD: Then 1.4145; Now 1.3050
    • Gold: Then $748; Now $1583
    • NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares
    200pts

    SBR POKER TOURNEY5th Place 4/22/2014


  21. #21

    When DOW was down there were dozens of threads blaming Obama. But now that it's up the numbers don't matter anymore? Explanation for anyone?

  22. #22

    You can't possibly think the market is up because of obama, last post by nash sums it up.
    Quote Originally Posted by greenhippo View Post
    When DOW was down there were dozens of threads blaming Obama. But now that it's up the numbers don't matter anymore? Explanation for anyone?

  23. #23

    The rise in the feds balance sheet is the answer and it is fuking alarming

  24. #24

    Quote Originally Posted by greenhippo View Post
    When DOW was down there were dozens of threads blaming Obama. But now that it's up the numbers don't matter anymore? Explanation for anyone?
    Of course, no one will answer the logical question you posed. They'll just dance around it and continue with the mantra that if it's down, it's Obama's fault, if it's up, it's everything but Obama. No consistency whatsoever, but that's how these guys roll.
    175 pts

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  25. #25

    Quote Originally Posted by Let's Go Rangers View Post
    it is a record high number with a devalued dollar

    So what the Dow Jones is over 14,000...
    look at how many Bernanke bucks have been pumped into the system....

    looking elsewhere, what else is either at all time highs or approaching it.

    the price of gas, the price of bread, the price of milk, the list goes on and on.

    and yet the Obama jizz sucklers will regurgitate the news mindlessly

    I'm starting to run out of ink!!!!!
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