Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Hey, Teabaggers, the Dow is over 11,000 !!! Your pensions have increased in value thanks to Obama!

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
CLANG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-13-10 03:27 PM
Original message
Hey, Teabaggers, the Dow is over 11,000 !!! Your pensions have increased in value thanks to Obama!
chirp, chirp, chirp....:eyes: :spray:
Printer Friendly | Permalink |  | Top
dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-13-10 03:32 PM
Response to Original message
1. Odd association ?
Surely the pension values were at their highest before the bubble burst at which point eh DOW was considerably higher. Surely ? :shrug:
Printer Friendly | Permalink |  | Top
 
TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-13-10 03:39 PM
Response to Reply #1
4. Nothing odd about it. Your approach is odd, though.
Obama took office January 20, 2009. Since then, the DOW has increased in value by 2000 points, or about 20%. That's a substantial improvement to the value of port folios, including retirement accounts.

If you've seen the market drop from 14k to 8k under Bush, watching it rise back to 11k under Obama should be a pleasant reversal of the losses suffered under Bush.

How can you not see that?
Printer Friendly | Permalink |  | Top
 
BurtWorm Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-13-10 03:33 PM
Response to Original message
2. That was Glenn Beck who did that.
By making all the investors worry about whether or not they could afford the gold he advertizes on his show.
Printer Friendly | Permalink |  | Top
 
Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-13-10 03:33 PM
Response to Original message
3. It's that
Hopey-changey thingy.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Mon Apr 29th 2024, 07:24 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC