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Just an Observation

Right now, the Dow is down by about 29 points, one day after the Democrats win back the House and probably the Senate.

Update: Rush just made a great point that I wanted to share. Even though the unemployment rate is a mere 4.4% and the stock market is at an all time high, both of which occurred under the Republican's and President Bush's watch, the MSM perpetuated the idea that the economy was in trouble. However, now that the Dems are in charge of Congress, be prepared for the MSM to start reporting on all the good economic news. Suddenly there will be news stories about how Americans are feeling so much more upbeat about their economic circumstances.


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Comments (70)

Of course it is...... (Below threshold)
Jo:

Of course it is...

Yeap, there's some REAL exc... (Below threshold)
theExecutioner:

Yeap, there's some REAL excitment in the market today after yesterday's great news. In fact, I only have 3 stocks that are down more that 20%. By Golly, Perot DOES hear a sucking sound! It's investments leaving companies. Jobs will follow that sucking sound straight to china.

As I write, it's down a lit... (Below threshold)
Rance Frayger:

As I write, it's down a little over 33 points or .27%.

So what? Statistically, that's just noise.

Perhaps it's the result of ... (Below threshold)
Lee:

Perhaps it's the result of all of the wingnuts selling their shares of Haliburton and Exxon - lol!

What's sad is how badly conservatives want the stock market to crash - big time. It's evident in this post and comments, and I"m sure we'll see more examples.

That's sick - conservatives who want to harm their fellow Americans are sick, sick, sick. Keep the Republican clowns out of the White House in '08 - it's time for a change.

To The American People,... (Below threshold)
Clay:

To The American People,

You are my very excellent bitches. You have made the right choices and the jihad loudly applauds you. Do not regret your decision, for it was inevitable and predestined by Allah in times past. Your sons & daughters in the military will never again be safe. But, what is that to you? You have decided for the greater good of Allah. Shhhhhh. Now sleep. Sleep and dream of the days of that great American leader, Bill Clinton. Drive thoughts and concerns of the Cole, the WTC (both times), and US embassies from the furthest reaches of your minds. We will only test you for a little while and then you will embrace Allah or you will welcome death.

Osama bin Laden

Lee, you're whacked if you ... (Below threshold)

Lee, you're whacked if you think I want the market to crash. My God, 80% of the American people have an interest in the stock market. What's wrong with you?

Unfortunately, Lee, many of those 80% voted against their own economic best interests. That was my point.

Gee Kim. That shoe on the ... (Below threshold)
Robert:

Gee Kim. That shoe on the other foot really sucks, doesn't it? (Ever heard from the Right-wing that Dems want terrorists to win?)

BTW, are you saying 80% of Americans are CEOs?
Laughable.

The stock market USED TO reflect wealth for the common American. That is no longer the case.
Do you want proof?
What % has the stock market gone up (after inflation) since 1970?
Now, what % has wealth of the average american gone up (after inflation) since 1970?

There's your proof.

Lee, you're terrible. Why ... (Below threshold)
Garion:

Lee, you're terrible. Why do you try to twist the words of those who don't share your beliefs? We don't want the stock market to dive, at all. As one of your liberal pals pointed out (by accident) though, was that a Democrat-controlled Congress would very likely be very bad for the economy and the stock market. We are afraid such a scenario might occur. It's true concern for others, Lee. You should take some time away from viscious manipulation and give it a try sometime.

"What's sad is how badly co... (Below threshold)
theExecutioner:

"What's sad is how badly conservatives want the stock market to crash"

No. just logic and common sense as the Benedict Party smothers the economy.

It's now about 1:00 EST. Th... (Below threshold)
Rance:

It's now about 1:00 EST. The Dow, NASDAQ, and S&P 500 are all within .1% of yesterdays close.

The market seems to be giving the election a resounding "So what?"

Lee, you're whacked if y... (Below threshold)
Brian:

Lee, you're whacked if you think I want the market to crash. My God, 80% of the American people have an interest in the stock market. What's wrong with you?

Oh good grief, let the memory loss and hypocrisy begin! (Or is that "continue"?) Just yesterday this blog was filled with suggestions that the Dems want the terrorists to win. I don't recall you telling those posters they're "whacked", even though 100% of the American people have an interest in security. What's wrong with you?

Robert,Without bus... (Below threshold)
theExecutioner:

Robert,

Without businesses there is no economy.
Without an economy, there are no jobs.

Think Robert, think!

I know little about the mar... (Below threshold)
nogo postal:

I know little about the market..but simply being aware demonstrates that with the real estate market tanking..(you can only flip and grab so long before it just gets too pricy)so these folks started going back to the market buy stuff and prices rise..
If prices rise..well of course folks sell..
..Also the last couple of months are always sell months..(you know taxes etc)tying stock prices going down to Dems victory might be premature and just perhaps a spin...however with Rumsfield stepping down..that will have a negative empact

"Lee, you're whacked if ... (Below threshold)
Lee:

"Lee, you're whacked if you think I want the market to crash. My God, 80% of the American people have an interest in the stock market. What's wrong with you?"

Keep posting remarks every time the Dow drops a 1/4 of a percent, Kim. That'll help create the kind of panic you Republicans want right now.

You guys are acting like children... it's sickening.

Lee said: What's sad is... (Below threshold)

Lee said: What's sad is how badly conservatives want the stock market to crash - big time

I feel like I'm talking to my desk here, but I'm once again asking Lee to provide proof instead of propaganda. Facts Lee, that's what I want, that's what I always ask for. Give me facts that conservatives want the market to crash, can you do that? No, you can just give me links to totally irrelevant subjects.

"You guys are acting like c... (Below threshold)
theExecutioner:

"You guys are acting like children... it's sickening."

Children do not create jobs. We are not children and have every right to pull in our resourses to protect ourselves from another downturn in the economy.

brian says, "Oh good grief,... (Below threshold)
D-Hoggs:

brian says, "Oh good grief, let the memory loss and hypocrisy begin!" as lee says, "You guys are acting like children... it's sickening". So perfect! The moon-bats do nothing but bitch and moan, obstruct and cry like fuckin' babies for the past two years, and NOW all of a sudden they are adults who are trying to get things done and are just SICKENED by this immature behavior. What a fucking joke you all are, who didn't see this coming.

The Dems have been hostile ... (Below threshold)
hermie:

The Dems have been hostile to tax cuts for decades, and Pelosi and Co have already announced they will not let the Bush tax cuts be renewed.

They are hostile to business and will attempt to impose 'windfall profits' taxes on oil companies, virtually guaranteeing that the supply of domestic oil and petroleum products will be reduced. Other taxes, 'fees', and other sources of revenue will be raised to supposedly pay for 'free' health care and other new entitlements.

The Social Security crisis will be addressed, but only as a 2008 campaign ploy, as they will blame the GOP for not solving the crisis., (which the Dems said never existed.) They will 'solve' the problem by pushing through tax hikes and benefit reductions, but they'll need GOP votes and those Republicans who vote for these will be pilloried by their Dem opponents.

The stock market has never ... (Below threshold)

The stock market has never objected to divided government, because less gets done in Washington, which is nearly always a good thing for business.

As much as investors like tax cuts, they realize about the most they could hope for - no matter who was in charge - was those already in place be made permanent. That isn't something of immediate concern, anyway, since they don't expire until 2010.

So there was little else a Republican Congress could have delivered for the economy. The deficit is already falling far faster than even Bush projected. Most of the market will cheer if Democrats move to eliminate "corporate welfare," because that generally goes to a few large companies to give them further advantage over their competition, it will be a good thing for everyone if it goes. Does anyone really believe McDonald's needs taxpayers to subsidize their foreign advertising?


Your post has so many error... (Below threshold)
theExecutioner:

Your post has so many errors, there's no place to begin. Don't comment unless you know what you're talking about.

Whats really sad is that fa... (Below threshold)
Gianni:

Whats really sad is that far left lib douchebags like Lee wished for bad news for years, made it up when it didnt happen, and now attempt to condescend?

In a way, Im glad Dems lost, as GOP will get back to its roots over next 18 months, and the Dems will finally have to come forth with the ideas they keep claiming to have, but seldom mention.

Guess Im going to start to change into 1099 income and create deductions as the uberleft cant wait to raise taxes.

Just an observation. Right ... (Below threshold)
Brian:

Just an observation. Right now, the Dow is up by about 29 points, one day after the Democrats win back the House and probably the Senate.

The unemployment rate is so... (Below threshold)
civil behavior:

The unemployment rate is so low and jobs have grown, in fact I know of many people who are holding down two to three of those jobs at once to stay afloat after having their jobs lost to multinationals moving off shore.

The stock market is booming The top ten percent of the U.S. population owns 81.8 percent of the real estate, 81.2 percent of the stock, and 88 percent of the bondstock.

Yesiree, Rush Limpballs who knows so much about keeping himself isolated from reality living on his little island of Palm Beach would be the one to go to for such news. He wouldn't give any of you people the time of day.

Worship is such a funny thing.

provide proof instead of... (Below threshold)
Brian:

provide proof instead of propaganda. Facts Lee, that's what I want, that's what I always ask for. Give me facts that conservatives want the market to crash, can you do that?

Please point me to your post demanding facts from the myriad posters on here who accuse the Dems of wanting the terrorists to win. Facts, that's what I want. Can you do that?

The moon-bats do nothing... (Below threshold)
Brian:

The moon-bats do nothing but bitch and moan, obstruct and cry like fuckin' babies for the past two years, and NOW all of a sudden they are adults who are trying to get things done and are just SICKENED by this immature behavior.

LOL! And the wingnuts pretend they're adults trying to get things done, and as soon as they get a bloody nose, they start to bitch and moan, and cry like fuckin' babies for the next two years.

What a fucking joke you are. Who didn't see this coming?

The lib dominated mainstrea... (Below threshold)
Gianni:

The lib dominated mainstream media in concert with the Dems have taken every opportunity possible to slam our troops in SW Asia. The same things the dems and MSM say, Aljazeera say.

Do you call statements of Durbin, Kerry, and Murtha complimentary? Humanizing terrorists while demonizing US soldiers surely isnt encouraging terrorists to lose is it??

brian, who here is bitching... (Below threshold)
D-Hoggs:

brian, who here is bitching and moaning and crying? Where are all the republicans shouting for recounts, saying the elections were stolen? Why is Bush on tv all day long talking about working with the new majority, the same democrats who have called him childish names and obstructed any progress at every turn, non-stop? Your hypocrisy knows no bounds.

I can't stop laughing at br... (Below threshold)
D-Hoggs:

I can't stop laughing at brian's attempt to call others babies while employing the famously childish tactic of playing copy-cat! what a loser.

brian, who here is bitch... (Below threshold)
Brian:

brian, who here is bitching and moaning and crying?

Uhh... that would be you.

But I'm glad you're having a good laugh reading all the unspeakable names Pelosi is being called on these pages, the shrill predictions of the destruction of America, and the hopeful predictions of nuclear attacks on our cities, stock market crashes, and retroactive abortions on our country's new leaders. I'm relieved to know that these are not the childish reactions of cry-baby losers.

Would you like to point out... (Below threshold)
D-Hoggs:

Would you like to point out where I have bitched or whined one single time? Would you like to point out where I have ONE TIME laughed at any of the things you have mentioned? Your intellectual dishonesty knows no bounds as well. You are seriously pathetic.

Just another observation. T... (Below threshold)
Brian:

Just another observation. The Dow closed at its highest point ever, one day after the Democrats win back the House and probably the Senate.

" the shrill predictions of... (Below threshold)
D-Hoggs:

" the shrill predictions of the destruction of America, and the hopeful predictions of nuclear attacks on our cities, stock market crashes, and retroactive abortions on our country's new leaders"

uhhh, this sounds EXACTLY like what democrats have been screaming the past 2 years brian, I think you are mistaken for the democratic talking points. "The war has made us less safe", "the economy is a shambles", mama-moonbat and others dream of murdering baby Bush. brian swills it all in.

I'm sorry you are upset by ... (Below threshold)
D-Hoggs:

I'm sorry you are upset by pelosi being called "unspeakable names" brian. We all know that an honest thinker like you has never laughed at anyone being called names, let alone leveled those names yourself!

I never claimed innocence f... (Below threshold)
Brian:

I never claimed innocence for the Dems, Hogg. Wow, denial AND poor reading comprehension! You make a perfect Republican.

And I never once claimed yo... (Below threshold)
D-Hoggs:

And I never once claimed you did. Talk about reading comprehension. Care to Answer to any of the claims you made about me previously brian or were you just going to level unfounded accusations and then move on? Typical.

We all know that an hone... (Below threshold)
Brian:

We all know that an honest thinker like you has never laughed at anyone being called names, let alone leveled those names yourself!

Followed by...

And I never once claimed you did.

'Nuff said. Moving on to saner threads...

Brian:<a href="htt... (Below threshold)

Brian:

One

Two

Three

Four

Clinton/Democrats did little to nothing

And here

And here

You could also read this, then try to place blame of the 9-11 attack.

The Bush tax cuts don't com... (Below threshold)
John S:

The Bush tax cuts don't come up for renewal until 2010. Pelosi and Co. will be long gone by then. Actually I hope the media begins to talk up the economy. Because then when the economy collapses next year (and it will) the Democrats will be in position to receive the blame. It won't be true, and it won't be fair, but the average American doesn't know enough about economics to know that the U.S. economy already close to recession. All they'll know is they voted Democrat and then they lost their job and lost their overpriced house. A generation too young to remember Jimmy Carter will have to learn that lesson again.

Repubs aren't babies?... (Below threshold)
Robert:

Repubs aren't babies?

Just last week they ran to moommy when (meaningless) John Kerry mis-told a joke.

But these tough-guys will protect us from the terrorists (from behind a keyboard and monitor).

Investigate the lies.
Charge them and find them guilty of war crimes.
And line 'em up in front of a firing squad with the Washington Monument as the backdrop.

Good times!!

Well folks, sorry to say th... (Below threshold)

Well folks, sorry to say the Dow finished at an all time high today.

http://www.msnbc.msn.com/id/3683270/

I think we can stop worrying about the end of the world now and get on about the peoples' business don't you think?

The stock market IS NOT at ... (Below threshold)
kaz:

The stock market IS NOT at an all-time high. The Dow Jones 30 Industrials is but that is an index of just 30 large-cap stocks.

The broader indices (S&P, NASDAQ) are all still well below their highs of 2000.

And besides, stock market highs are not really indicative of anything. Just look at some charts over the past 50 years. There have been literally thousands of all-time highs. Over the long run, the markets can be expected to increase at roughly the same rate the economy expands (GDP growth).

LOL! So, when the stock mar... (Below threshold)

LOL! So, when the stock market ticks down, it is the Dems' fault, but when it's at an all-time high, it's "not really indicative of anything?"

Isn't it tiring to work so hard to avoid thinking?

I guess the facts don't sup... (Below threshold)
Dread Pirate Robert:

I guess the facts don't support your whining anymore. Stocks performed better under Clinton than under any other post-war president. And worse under Bush than any post-war president... except Nixon.

Go on, guess why... maybe fiscal responsibility? The spend spend spend Republicans (gee, didn't they used to be AGAINST big government?) led to the collapse of the dollar, the worst deficit ever, and (horror of horrors) to Kansas Republicans turning Democrat and winning.

From massive surplus to massive debt. Thanks Bush.

And besides, stock marke... (Below threshold)
john:

And besides, stock market highs are not really indicative of anything

The author of this post made a big deal about the market being down 29 points, but when the market closes up suddenly it's "stock market highs are not really indicative of anything.

Pathetic.

P.S. Kaz, "Their h... (Below threshold)
Dread Pirate Robert:

P.S. Kaz,

"Their highs of 2000?" You mean when a Democrat was President?

Please show me a link to an... (Below threshold)
feckless:

Please show me a link to any reputable source (not a W appointee or sycophant) who states that the "tax cuts" created the current economic "resurgence".
my health insurance goes up every year. College tuition goes up something like 10% a year. Yeah you republicans created a great economy.

You also increased the debt by 50% to 8.5 TRILLION. and thats all credit card debt baby, so if the the adult party has to act like adults and take away W's mastercharge, and ask Paris Hilton to contribute just a wittle bit while our heroes are getting shot at, maybe you should just STFU, since youv'e been wrong about everything else.

you people claim to support the troops, unless theyre democrats and then you piss on them.

LOL. That's a great "obser... (Below threshold)
Danger Danger:

LOL. That's a great "observation", Kim. Are you going to thank the Democrats now?

Only a moron would be posti... (Below threshold)
artvandelay:

Only a moron would be posting about the market being down a half hour into trading. That would be you guys. Talk about the market after 4:00. It's UP knowing that the dems control the house, the senate, the governers, state senates, state legislaters and Rummy's gone. Any questions? Take losing like the women you are. As far as the unemployment rate. Bush I and II still have not created ONE net job in 10 years. NOT ONE!Look on the bright side, you have murdered record number of Americans and Iraqi's. There's something to be proud of.

Market closed at record hig... (Below threshold)
Happy:

Market closed at record highs. Your stupid and your losers ~ bad mix ~ hahahhahahahhah you lost and this country has WON. So STFU

Its really very simple. For... (Below threshold)
Not Dick but Richard:

Its really very simple. For years Rush and his commrades have been saying that the Dems are driven by lust for power and they love to see bad news for America. The left wants the economy to tank. The liberals want the war effort to fail. The moonbats love seeing our soldiers die.

It went on and on for years and now just one day after the Democratic party takes back the house we see the Neo-Cons crying that the sky is falling because the DOW was temporarily down by 29 point. What we saw in the past was projection on the part of right putting their modus operandi onto the liberals.

Offhand I'd say the best thing about this election is that the right won't be able to hide their true feelings and agenda. Now we can all ask... why does the right hate America?

Yes, the jobless rate is lo... (Below threshold)
KW:

Yes, the jobless rate is low. But most of that job creation came in the low-paying, benefit-stingy service sector. ACTUAL income for the vast majority is at its lowest levels in decades. The true beneficiaries of this economy is the upper 1/10th of 1 percent. Yippee!

Sorry for your ego, but the... (Below threshold)
Yippee Skipeee:

Sorry for your ego, but the markets so far seem to love the Democratic win.

And tso he moonbats shut do... (Below threshold)

And tso he moonbats shut down another winger thread with their manic obsession with objective reality.

We win again.

"Unfortunately, Lee, many o... (Below threshold)
Bob:

"Unfortunately, Lee, many of those 80% voted against their own economic best interests. That was my point."

Every single non-millionare that voted for Bush in 2004 voted against their own best interests, but I am sure it takes more wisdom and more integrity to admit that than I am likely to find here.

This administration and it's cohorts have done tremendous damage to this country - it's economy, it's reputation, and it's future. All with the help of self-deluded cheerleaders that never seem to understand what they are talking about.

Time to stop allowing yourself to be tricked into betraying your own country - time to realize that the Neo-Cons have sold nothing but lies for the last 6 years. Time to get up off your knees.

And yes - it is time to say you are sorry.

I feel good today about the... (Below threshold)
Jim:

I feel good today about the US.

Better than I have in a long time.

I really hope the new folks voted into offices in DC and around the country will pay all us voters back with careful but strong reality-based vision and new policies that will help this country move forward to join the world instead of sliding into unilateralist isolationism and xenophobia like it's been doing for a while now.

I'm really tired of seeing the Bush administration try fight the War on Terror as if it were WWII part two and I still can't believe the "trickle down" theory of economics hasn't been as discredited in DC as it has been among academics.

I just hope that the Dems r... (Below threshold)
EJG:

I just hope that the Dems reel in the abuses of power that Bush thinks he is entitled to. The guy is a loose cannon and the most dangerous person on the face of the earth. I hope he is squashed like the maggot he is! Him, Cheney, Vampira Rice and the rest of the thugs. He likes torture so much we should send him and his little brats to Iraq and let the Iraqi people judge him.

Even though the unemploy... (Below threshold)
boswell:

Even though the unemployment rate is a mere 4.4% and the stock market is at an all time high, both of which occurred under the Republican's and President Bush's watch, the MSM perpetuated the idea that the economy was in trouble.

You forgot to mention that under Bush, the national debt increased by nearly 60% - now it's over 8 trillion dollars. A helluva legacy for our children and grandchildren, huh?

Ah, the beauty of it all is... (Below threshold)
Rich:

Ah, the beauty of it all is that you right wing nutjobs can do nothing about any of it. Sucks doesn't it. It's a shame Allen lost. Otherwiase, this might have been interesting. Ha Ha, you scumbags.

Congratulations, Kim! You m... (Below threshold)
Brian:

Congratulations, Kim! You made Crooks and Liars!

Hmm, democratic Congress in... (Below threshold)
Tyler:

Hmm, democratic Congress in chagre...Waaaaaaaaa!!!!!!!!!!! Cry me a fukin river neocons. You had 6 years with no checks and balances at all...and this is what you get: A revolt against the decider

The Market closed at a reco... (Below threshold)
Barbara's Bush:

The Market closed at a record high...
suck it losers!

Anybody know what VETO mean... (Below threshold)
jhow66:

Anybody know what VETO means. GET IT--VETO VETO VETO VETO -get used to it Speaker Stetch lovers. (could I just snicker a little ? just one? here goes --snicker-awww now I feel better)

Yes, you made crooks and li... (Below threshold)
Mike Koepp:

Yes, you made crooks and liars.
When will everybody understand that both parties have their own interests at heart and none of ours?

What a dishonest post this ... (Below threshold)
Michael:

What a dishonest post this is. 29 points is nothing - if you knew anything about the market you would realise this is, as one poster said, just noise. And your crowing about the economy and the job market completely ignores the national debt. Such intellectually dishonest people as yourself are wasting yours and everyone's time with a post like this. Stop trying to get one over on the opposition and use your brain.

That's weird...the Dow clos... (Below threshold)
John:

That's weird...the Dow closed at 12,176 - up 19.77 points, and a record close. Maybe those evil Democrats are just trying to get your hopes up before they destroy the economy and install Osama as overlord, eh? Eh?

So, what does crow taste like, exactly?

here's a different take on ... (Below threshold)
walter66:

here's a different take on the market upswing........http://www.financialexpress.com/latest_full_story.php?content_id=145962

Rumsfeld resigns

Rumsfeld resigning causes t... (Below threshold)
walter66:

Rumsfeld resigning causes the market to hit a record.........if Rumsfeld resignation can do that to the market, just think of what it could have done for the republicans..........did any of you guys feel a sharp stabbing pain in your back on Tuesday?

Notice how the libs are com... (Below threshold)
jhow66:

Notice how the libs are coming out of the wood work like cockroaches? Notice all the new names? Shows what a bunch of cowards they are. Hide until things go your way and then come out and say look what (I) did. Wimpy ass bootlickers.

what do you think jhow........ (Below threshold)
walter66:

what do you think jhow.......if Rumsfeld would have resigned earlier the republicans might have had a better chance? I mean look how some people are saying how his resignation affected the market.

I am sorry but what happen ... (Below threshold)

I am sorry but what happen to being a true american. Everyone here is playing this talking game and pointing fingers laughing at the other side. Like Pelosi said, its time to work to together and move forward. Right now you're playing this I hate the other side game but politics is about what will help your kids tomorrow. That is it. It isn't the Iraq war, or the national debt. Yes those issues are pertinent to your future, but argue about them based upon how your life and your children's are going to get better from solving the problem. Arguing to one-up some random white guy you have no clue of across the country helps no one, and not solving the problems of this country with a true spirit of nationalism and love is UNPATRIOTIC.

Be a true american and make a real difference. I wish all of you understood the rich can give a flyng "beep" about your concerns (bush, kerry etc.), yet you should all stand together and fight for them, not divided based on two meaningless political words people brand each other to win votes or affiliate themselves to a club. Become a true American; let's have a beer and get out of this high school mentality, eh?

If you think I just sit on my ass writing you can check my site of what I am trying to do in my own community.




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