Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

busterbrown

(8,515 posts)
Wed Nov 7, 2012, 05:46 PM Nov 2012

Republicans are already fucking with the country. The market is way down today probably in big part

because of Boner's "not going to raise taxes comments last night".
I have a few mutual funds and I say fuck Boner and his fiscal cliff threats.
But I hope Obama addresses this issue quickly. Take this crap to the people quickly is my hope.

Let the people easily understand how republicans are fucking with the recovery!

26 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Republicans are already fucking with the country. The market is way down today probably in big part (Original Post) busterbrown Nov 2012 OP
We'll have to make up the difference pursuing tax evaders. Tigress DEM Nov 2012 #1
that's expected - repukes throwing tantrums Skittles Nov 2012 #2
Yeah, and the headline on Yahoo says 'Is it Obama's Fault?'. Bullshit. codjh9 Nov 2012 #3
Exactly! and thats why I hope he doesn't wait too long to address this shit! N/t busterbrown Nov 2012 #7
The market is down due to problems in Europe, not Laurian Nov 2012 #4
I saw this morning where Germany came out and said the situation is trying to drag them down too.. MountainMazza Nov 2012 #8
"Market down" means rich people lost money. Why do I care? aletier_v Nov 2012 #5
A lot of people who are not rich have savings tied up in the market! busterbrown Nov 2012 #15
Percentage-wise it hurts rich people more than you or I aletier_v Nov 2012 #18
Bullshit!! My $300 loss is just as important to me as their $30,000 loss! busterbrown Nov 2012 #20
No...it's in response to Sekhmets Daughter Nov 2012 #6
Correct. I wish we wouldn't buy into the Republican line so easily. Laurian Nov 2012 #10
Agreed. If more people would tune into CNBC a bit each day and read Sekhmets Daughter Nov 2012 #23
We can all accept that as a reason. However Boehner"s crap is off the table. busterbrown Nov 2012 #13
Market's don't give a rat's ass about Boehner Sekhmets Daughter Nov 2012 #22
If what you say is true, then the big market players will support Obama's position on the upcoming busterbrown Nov 2012 #24
Oh, how I wish Mario Draghi ... 1StrongBlackMan Nov 2012 #19
It was probably just some freepers selling stocks gravity Nov 2012 #9
No, just a lot of portfolios being readjusted to the new facts. nt bemildred Nov 2012 #11
You hope (President) Obama addresses this issue quickly? 1StrongBlackMan Nov 2012 #12
This is why we needed the house abelenkpe Nov 2012 #14
It's because Big Bird Lives Filibuster Harry Nov 2012 #16
Could be other factors. electionwatcher Nov 2012 #17
sounds like an opportunity zipplewrath Nov 2012 #21
I'm out. ChangeMe Nov 2012 #25
They really... ready2go83 Nov 2012 #26

MountainMazza

(312 posts)
8. I saw this morning where Germany came out and said the situation is trying to drag them down too..
Wed Nov 7, 2012, 05:52 PM
Nov 2012

and that is some of the downturn. Also, the big banks are not particularly happy.

aletier_v

(1,773 posts)
18. Percentage-wise it hurts rich people more than you or I
Wed Nov 7, 2012, 05:59 PM
Nov 2012

That's where all their wealth is.

The meme about "the rising market" is brainwashing to align your thinking with the rich.

Sekhmets Daughter

(7,515 posts)
6. No...it's in response to
Wed Nov 7, 2012, 05:50 PM
Nov 2012

Mario Draghi, head of the ECB, saying that Germany's economy is now being affected by the poor Euro economy. He made the statement before markets opened here and futures began tanking immediately.

Sekhmets Daughter

(7,515 posts)
23. Agreed. If more people would tune into CNBC a bit each day and read
Wed Nov 7, 2012, 06:22 PM
Nov 2012

some business publications they'd know what is moving the market on any given day. They'd also know that the market always performs better when a Dem is in the WH all the right wing bullshit notwithstanding. It's a smokescreen to divert attention from their never ending efforts to end all regulation.

Sekhmets Daughter

(7,515 posts)
22. Market's don't give a rat's ass about Boehner
Wed Nov 7, 2012, 06:18 PM
Nov 2012

The market has always done better when a Dem is in the WH...and no one knows that better than the big market players. All the right wing political bullshit is just a tactic to try to divert attention from their shenanigans and reduce regulation.

busterbrown

(8,515 posts)
24. If what you say is true, then the big market players will support Obama's position on the upcoming
Wed Nov 7, 2012, 06:53 PM
Nov 2012

fiscal debate. My ass. They would rather incur losses than help the POTUS!
 

1StrongBlackMan

(31,849 posts)
19. Oh, how I wish Mario Draghi ...
Wed Nov 7, 2012, 05:59 PM
Nov 2012

head of the ECB, had finished the thought by saying:

Germany's economy is now being affected by the poor Euro economy, that is why I implore the Eurozone to abandon this austerity lark and move to stimulus policies. The Eurozone economy will continue to deteriorate, or at best, remain flat, so long as the working classes are faced with less wages and greater insecurity.

gravity

(4,157 posts)
9. It was probably just some freepers selling stocks
Wed Nov 7, 2012, 05:52 PM
Nov 2012

Stock markets are controlled by irrational fears more than logic especially short term.

Unless you plan on cashing out today, don't stress it. Some days stocks go up, other days they go down.

 

1StrongBlackMan

(31,849 posts)
12. You hope (President) Obama addresses this issue quickly?
Wed Nov 7, 2012, 05:53 PM
Nov 2012

Have we learned nothing? ... Have we not been listening to the words coming out of President Obama's mouth?

How about DEMANDING some/every Democrat in the House and Senate introducing a fix to this issue that President Obama can address?

abelenkpe

(9,933 posts)
14. This is why we needed the house
Wed Nov 7, 2012, 05:54 PM
Nov 2012

Don't they control spending?

Republicans are a vindictive bunch so it's to be expected. Global economy not so hot either. What's today's news from Greece? Thought I saw there were more protests...

Add:
need to keep reminding people that austerity is the wrong path. Boehner wants to lead the us down the same path as Greece. Which is unnecessary and ridiculous given we have our own currency

zipplewrath

(16,698 posts)
21. sounds like an opportunity
Wed Nov 7, 2012, 06:15 PM
Nov 2012

Buy some shares on the way down, when Obama comes to an agreement here soon (or even looks like he will) it will bounce up quickly. Heck, where'd ya be if you had bought within a 1000 of the bottom of the Dow and held it for the last 4 years?

ChangeMe

(13 posts)
25. I'm out.
Wed Nov 7, 2012, 07:42 PM
Nov 2012

I wont bore you with specifics but studying the market is what I do. I was part of that sell off today and will be officially all cash by closing tomorrow. I am getting out until at least the middle or end of 2013. Buckle your seatbelts. Things are about to get very bumpy.

ready2go83

(80 posts)
26. They really...
Wed Nov 7, 2012, 07:45 PM
Nov 2012

I really want them to be eradicated and removed from power. These assholes are toxic to the country.

Latest Discussions»Retired Forums»2016 Postmortem»Republicans are already f...