The Dow has doubled since that Kenyan, Socialist, anti-business communist who

[gateley]

was bound and determined to destroy America took office.

6000-something in Jan 2009, over 13,000 today.

Paraphrasing Norman Goldman.

[JBoy]

1. The portfolio managers of many Republicans appreciate it, too.

[avaistheone1]

2. Is this why Wall Street gave their greatest contributions to Obama in 2008?

Perhaps they just wanted to help Obama do God's work.

[babylonsister]

10. Y-A-W-N!!!!!!!!!!!!!!!!! nt

[orwell]

3. Facts...

...have a liberal bias.

[doc03]

4. I retired 2 years ago today and my IRA balance has

increased nearly $30,000 to date.

[gateley]

5. I'm happy to hear that! We've heard too many instances of IRAs and 401Ks tanking. nt

Edit - typo.

[avaistheone1]

7. Wait. Let me check

how the 1% have been doing during this time.

Okay, they have been making money hand over fist, so all is good.

[doc03]

6. To be exact the Dow closed at 6547.05 on March 9, 2009 at the height of the

"Bush Depression" today it closed at 13279.32, more than doubled. We were also losing over 700,000 jobs per month back then.

[gateley]

8. Heading in the right direction, thankfully. nt

[babylonsister]

9. Dow Jones Industrial Average Soars To Highest Level Since December 2007

Dow Jones Industrial Average Soars To Highest Level Since December 2007

By MATTHEW CRAFT 05/ 1/12 06:05 PM ET AP


NEW YORK — The fastest growth in U.S. manufacturing in 10 months gave stocks a lift Tuesday and pushed the Dow Jones industrial average to its highest close in more than four years.

Manufacturing expanded last month at the strongest pace since June, according to the Institute for Supply Management. Orders, hiring and production all rose.

A measure of manufacturing employment also reached a nine-month high, a hopeful sign ahead of Friday's monthly jobs report.

The manufacturing news jolted stock indexes out of a morning stupor, although the gains waned throughout the afternoon. The Dow added 65.69 points to 13,279.32, its highest closing mark since Dec. 28, 2007, during the first month of the Great Recession.

"It definitely changed the direction of markets," said Jack Ablin, chief investment officer at Harris Private Bank.

more...

http://www.huffingtonpost.com/2012/05/01/dow-jones-industrial-average-4-year-high_n_1468746.html

[gateley]

11. Wow! US MANUFACTURING! That's fabulous! Thanks!!

[babylonsister]

12. Hello, my friend!

[gateley]

17. Back at ya, R!

[Johonny]

14. I don't understand why more people don't appreciate this

It's not that I'm in love with ALL Obama's economic policies, on the other hand I live surrounded by retires that all have seen their investments they live on rebound. Obama probably could have done this better, but you know he did get the economy going again. I am happy for those that can invest. This is particularly true of my many, many retied friends. Of course oddly so many of them fear the socialist Kenyan, but not so much that they pulled their money out of the market It's an odd world where a growing economy isn't good enough for your opponents and so many in your own party. Democrats never seem to win.

[gateley]

18. Yes, I'm personally not in the market (need money for that!) but a lot of my friends have 401Ks that

are. I'm so happy for the "real" people who are benefitting.

Maybe you could gently point out to your retired Kenyan-fearing friends that the market hasn't been this high since 2007.

[zbdent]

13. I wonder where it would be if the TEAbagger worshippers hadn't wrested control in the House

and the Senate was filibuster-proof ...

Since the Republicans regained the House, gas has climbed up and up, and the DOW has generally stagnated ... when it seemed like something was going to get done, the DOW regained confidence ... then Boner went and consulted his "experts", and came back and said "I can't agree to go with what we agreed upon", and the DOW flops down in disgust.

[MannyGoldstein]

15. That's FANTASTIC for

the top 10% who own 80% of all stocks.

Poverty, hunger, and homelessness are increasing monthly.

[paulk]

16. sorry, can't get excited by the DOW

as another poster points out, most of the gains in the economy are going to the top 10%

Myself, I had to cash in all my mutual funds, 401k's, etc back in '09.

it was either that or lose my house.

I doubt I'm the only one.

I don't think this is a very compelling argument for the success of Obama's policies - it really doesn't effect most Americans.

[gateley]

19. I had to cash mine in way earlier than you. I'm very happy for those who are

still invested since they're contributing their hard earned money and will definitely need it when they retire.

Even though I can't rejoice for myself, I'm delighted for those who are deserving of these benefits.

[spanone]

20. don't forget that 'he's one the most divisive presidents in history'

and ed fucking gillespie knows divisiveness