How do you like your stock market now, neo-cons?

[BushOut06]

It's one thing for these corporate fascists to pin their hopes and dreams on the stock market. If the stock market was guaranteed to always go up, how could anyone argue with that? But these fascists want to force the rest of us to be dependent upon the whims of a wildly unstable system. It might sound like a good idea right now, when the market is "hot". But where are these neocons going to be when the market goes belly-up and collapses at some point in the future, which it is bound to do? What are their plans for when millions of seniors suddenly find their retirement plans evaporated, with not a penny left?

I find it somewhat amusing when these fascists point towards a rising stock market as "proof" that the economy is booming. Yet somehow, when the market takes a plunge, it's only a "temporary correction" or a "minor sell-off". A bull market might be good for corporate fatcats and shareholders, and it might be good for those with 401K plans that rely heavily on the market; but it really doesn't mean a damned thing as far as the overall economy goes. Most average Americans don't have any money tied up in the stock market - so what does it matter to them if the Dow is at 5000 or 15000? I also understand that a rising stock market means that corporations are making more profit. But at what expense? How many workers did those corporations have to lay off to make that extra money? How many domestic jobs were outsourced for cheaper labor? How many of these big corporations have crooked accountants fixing the books, screwing workers out of their pensions? When I hear about companies reporting record profits, it always makes me wonder how many Americans had to suffer for that.

[AnExtremist]

1. One thing I never understood

Wouldn't more stocks rise when a democrat was in office, and there was a greater economy and there was more income? The stocks of inferior goods would raise substantially...or is that what they want? To count on the fact only basic needs like oil go up? :shrug:

[swag]

8. Both stocks and the economy tend to do better under Dem administrations

This has been documented in Jeremy Siegel's "Stocks for the Long Run" and elsewhere.

[LoZoccolo]

10. Historically, the stock market has done best with a Democratic President and Republican Senate. n/t

[bluerum]

2. defense companies are doing rather well - blood money is good business eom

[johnfunk]

14. Death is their business... and business is goooood!

General E-death-tric, United Deathnologies, Deathtinghouse...

[hack89]

3. The market goes up and down all the time ..

it was what - a 2 percent drop? The greatest single day drop was 22.6% in 1987.

This doesn't even qualify as a crash.

http://en.wikipedia.org/wiki/Stock_market_crash

[BushOut06]

4. It's the whole volatility of the stock market that I'm pointing out

Sure, it might be at all-time highs right now. But who's to say what it will be like a year from now? Heck, we don't even know where it could be a month from now.

I hope you don't think the stock market is a good idea to invest people's Social Security in.

[hack89]

7. Not for SS certainly ..

but for an educated investor, volatility is how you make money. History says that the market is the only way to stay ahead of inflation.

[cynatnite]

11. It's like guessing when my next grey hair will come in n/t

[samplegirl]

5. Not to mention what it has done to

peoples 401K's.

[swag]

6. I'm no neo-con, but the stock market is actually still in positive territory year-to-date

and up over 17% from this date a year ago.

http://chart.finance.yahoo.com/c/1y/_/_gspc

[Squatch]

9. A couple down days...and then, this?

You have to ask yourself these questions:

1) What's my time horizon?
2) Have the company's (or mutual funds) business fundamentals changed?
3) Have my investment objectives changed?

That's all you need to invest wisely in the market. Downturns, like the ones experienced today, in the market only really affect institutional investors and speculators.

[BushOut06]

12. There's a huge difference between progressive investors and neo-cons

I can tell from several of the responses that some of you are doing well in the stock market. That's all well and good, and I would wish you all well with your investments. But the difference between you folks and conservatives is that the neo-cons like to use the stock market as 'proof' that the economy is booming. They're also the ones that want to take other people's money and retirement funds, and invest it in the stock market.

[NashVegas]

13. All the Gains of the Last Four Weeks, Wiped Out

We sure showed them ...

[Squatch]

15. Were you planning on cashing out today?

[aikoaiko]

16. As someone with all my savings in the market today was non issue

Its a long run thing.