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Betty Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 09:50 PM
Original message
Why don't we hear much about the stock market
and how it has gone nowhere for the last four years???? Or actually, down, since I believe it is now lower than when the asshole started squatting in the White House. You would think this would piss off anyone who has any money in the market. I know I am not going to be retireing anytime before I am, oh, about 80. My IRA is worth about what it was four years ago, and that's after making the maximum contribution every year for four years.

And incidentally, why has no one mentioned this in connection with the chimp's wanting to gut Social Security and have us all have individual accounts invested in the market? God help the people who want to retire during long long downturns like this one.
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AntiFascist Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 09:54 PM
Response to Original message
1. I totally agree...
Privatized social security will mean a huge supply of corporate welfare, while investors watch their nest eggs disappear.
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meisje Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 10:14 PM
Response to Original message
2. Slip Sliding Away
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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 10:19 PM
Response to Original message
3. Suck
doesn't sell Soap.


dp
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ochazuke Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 10:23 PM
Response to Original message
4. Market says: Bush is toast
I was canvassing for Kerry today and talked to a Republican man who, along with his wife, voted for Bush in 2000. They are totally against him now, and the stock market was one of the two or three reasons he gave. The Dow cratering this month may suppress Bush's numbers among the investor class.

Also, a down market in October is death for the incumbent, historically speaking.
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SheilaT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 10:52 PM
Response to Original message
5. Probably because there's a myth out there
that says Republicans are good for business, and good for the Market. Not true. Markets are almost always down, or at least flat during Republican administrations, and do well when Democrats are running things. Can't begin to figure out why the business community hasn't noticed this yet.
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sweetheart Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-24-04 04:33 AM
Response to Reply #5
8. That myth from nowhere
The republicans were the cause of the great depression, my father
explained to me mater of factly (himself a WW2 vet). He explained
to me that "republican" used to be a slur in the 40's 50's,
synonymous with traitor and "the great depression".
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porkrind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 11:45 PM
Response to Original message
6. You would think this issue would be key with Republicans.
If nothing else, GOP'ers are greedy, but not too bright. Maybe they haven't noticed the correlation?
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DeepModem Mom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-24-04 03:43 AM
Response to Original message
7. You've heard, "If it bleeds, it leads"? Well, if it reflects badly on Bush
it not only doesn't lead, it's not even reported --
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