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In reply to the discussion: Dow Jones Industrial Average hits 14,000 [View all]Egalitarian Thug
(12,448 posts)43. No, it isn't for the reasons listed and many that I didn't bother with.
It is compounded loss (not to mention that it is likely reflective of buying at the top). Assuming no other changes and ignoring the fact that "the system that exists" is a one-way confidence scheme, a DJIA of ~21,000 today would be closer to a recovery. This is an illusion built on lacking consideration of reality.
At least have the self-respect to make the demand.
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First, please allow me to state that I am not offering a criticism of the Obama administration...
Sekhmets Daughter
Feb 2013
#17
it's always nice to see your savings rise, no matter how meager they might be
liberal_at_heart
Feb 2013
#10
Wait until they see this - The Dow logged its best start to the year in almost two decades.
malaise
Feb 2013
#14
Had rove and rmoney been able to steal Ohio and Florida like they tried so hard to do...
tjwash
Feb 2013
#16
This Does Prove That You Can Raise Taxes on the Wealthy and Not Bring About the Zombie Apocalypse
Yavin4
Feb 2013
#35
No, it isn't for the reasons listed and many that I didn't bother with.
Egalitarian Thug
Feb 2013
#43
Did you read my first reply? We agree that the system is bad and that this is not bad news,
Egalitarian Thug
Feb 2013
#46
You have not "lost the interest" that you should have made. You are forgetting about the dividends.
Nye Bevan
Feb 2013
#47
I haven't forgotten, I didn't write a complete analysis in the hopes that someone would read it.
Egalitarian Thug
Feb 2013
#48