joether
Posts: 5195
Joined: 7/24/2005 Status: offline
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quote:
ORIGINAL: willbeurdaddy quote:
ORIGINAL: rulemylife quote:
ORIGINAL: willbeurdaddy 90% chance the House goes GOP, 40% chance the Senate goes GOP, 100% chance that it will take more than persuading a couple of RINOs to support a Senate bill. Don't believe me? Take a look at the stock market. The DOW is providing political polling projections now? Who knew? I'll have to look. Now? It always has, and since it involves real money instead of a bunch of know nothings mouthing off, its a lot more accurate. I hate to inform you, that the DOW does not involve real money, but electronic money. We went off the 'real money' system 'afew' years ago. Everything is now done electronically, from placing orders, to stopping the market should a hyper selling period take place. When you tell your broker, to buy or sell, do you actually hand him physical money for the transaction over the phone? The DOW is considered a 'leading' indicator of economic times. It is one of many such indicators. But if its used for polling... Then what would stop the Democrats of simply voting 'No' on ALL things (big and small) brought before a GOP controlled Congress? Sort of like what the GOP has been doing for the last year & half? We've seen how well its worked for our country, when one political party is all 'take' and not one ounce of 'give & take'. As an investor, I know, without no uncertainty, that should the GOP gain control of the House and/or Senate, NOTHING will get done at a federal level. Maybe I dont want to live in a 'stagnate' economy like you do, willbeurdaddy. There's a difference if one is voting GOP for their principles and concepts; then voting to 'get revenge' with Obama. I have yet to hear the Republican/Tea Party talk about real economic conditions and intelligent solutions we could try. I may not like all the Democrat's policies, but right now, they are the only crew in town doing something productive. Republicans seem to be the (metaphorically, if ironically used...) Union, that is on strike. The DOW, has been reflective of the Democrat's efforts for the last year and a half. Are we in a depression? Is the economy getting better? Why is the DOW rising exactly? Here's a nice chart so you can see, how the DOW has performed under the Obama Administration.
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