re: Why has the Dow Jones done so well under the two recent Democratic presidents?

No. Typing mistake.

Poor: I was trying to use a parallel. Substitute hate for envy. Should we respond to everyone who says the poor don't contribute has class hatred?

All Libs are ogling over the Stock Market but..........how many Americans are NOT n the market????

quote:

---

His post had nothing indicating class envy.

---

Sure it did.

Lefties spend too much time hating on the rich. They aren't your problem.

quote:

---

Lefties spend too much time hating on the rich. They aren't your problem.

---

lol

I guess it is impossible to have the opinion that the rich don't help without being envious.

Do you even realize how ridiculous that is? His statement doesn't need to be read into. It can stand or fall without you trying to put your feelings into it.

quote:

---

No, it's stupid. Any rational person would disagree and realize it's rife with emotion and bitterness.

---

right.
rotflmao

quote:

---

You don't have to be so upset about it, it's ok. We're all familiar with the class envy of the left. You can accept it now and move on.

---

Upset. Lol

I get it. You just really suck at divining intentions.

Apparently you are unable to handle class envy and the possibility that statements exist without class envy.

It is so much easier to just label something as class envy than to substantively address the position. Now that I know this about you I won't expect more.

Gridlock. The dOw loves it

quote:

---

I love how the Right plays the "class warfare" card so easily then turns around and freely pulls this "47%" bullshite or worse, t

---

Good generalization

quote:

---

jeff5891

---

These "massive gains" are simply "bubbles" that are artificially made, and rich people will get richer and the "bubble" will burst as it always does and then taxpayers as usual will be charged to make repairs to whatever sector this bubble formed in.

There is a big difference between "Wall Street" and "Main Street". A healthy Wall Street has little to do with a healthy economy which would benefit all.

The middle class which lives on "Main Street" is not doing well, is shrinking, and during this Dem presidency has seen its personal wealth level set back to Dem prez Carter's term.

Beginning with O's term the Fed has pumped 30+ billion monthly, then as O's recovery failed,that amount was raised to 80+ billion a month into the economy. This money is not based on anything; it is a "debt" and is being financed by the issuance of bonds which China has been buying since O took office. During O's first term China was provided a direct line to purchase this "debt", an arrangement this is unprecedented in the history of the U.S.

Both the artificial low level of interest rates and the pumping of worthless money into the economy aside; Wall Street's wealth is made on "bubbles" formed in various sectors of the economy.
It is no longer tied to a manufacturing base as it always had been. The final blow to an economy based on manufacturing came when Clinton gave permanent status for most favored nation to China finishing decades of destruction of an manufacturing economy by Democrats.

"bubbles" in the sectors of the economy have and will always burst. The housing industry/finance "meltdown" was simply that "bubble" bursting. Bush warned the Dems running Freddie/Fannie 18 times in one year of this, because the decisions Dems made which caused the bubble aren't based on any sound financial principles.

Mind you also if a crony of the Dem prez a big contributor knows what the prez will do, they can invest accordingly. For example the denial of Keystone has less to do with appeasing the eco-lunatics than with appeasing big investor/donors who would lose money if the method of transporting that oil would change.

The only thing to be learned is we have a bubble economy, thanks to the Dems, and when the bubble forms rich investors will make lots of money, and when it bursts the taxpayer will be called upon to pick up the pieces, duh.

quote:

---

fundamental changes to Jimmy Carter's Community Reinvestment Act of 1977. Close examination of these actions show that the government made banks abandon sound lending practices and forced them to give mortgage loans to people who couldn't really afford them. Through Freddy and Fannie, the government acted as a backstop to defaulting loans. Literally these companies could not lose. These actions grew balance sheets for banks and mortgage companies pumping stocks further up.

---

Cannot be repeated enough