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OKNancy

(41,832 posts)

38. well

Sun Jan 20, 2013, 05:48 AM

Jan 2013

I'm 64.. a retired ballet/dance teacher, my husband is a house painter... so it's not like we are some sort of elites.
House painters don't make a lot, don't get health insurance or benefits, and he works very hard for hourly wages. But whatever... stereotype all you want.

Oh and I did have a business for 35 years... hired people and paid them well, too well according to my accountant.
I had to close up because of this recession. It started going down in 2008, I hung on until 2010 and left with nothing... well except years of reward for what I did for my community.

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Stocks soar 85% in Obama's first term [View all] Bozita Jan 2013 OP

Great. progressoid Jan 2013 #1

You know, I never had a "get mine" attitude like so many of my peers and frankly zonkers Jan 2013 #2

that would be nice wouldn't it CountAllVotes Jan 2013 #3

Pension funds for state, local, & federal govt workers were also invested in the market. n/t BumRushDaShow Jan 2013 #11

46% of Americans have no investements in the stock market. progressoid Jan 2013 #20

a vast majority of regular 99% DO own stock, even if they do not realize it in their benefits graham4anything Jan 2013 #30

But very little stock MannyGoldstein Jan 2013 #33

bottom line is ANY forward movement is a helleva lot better than static or backward movement graham4anything Jan 2013 #39

Ah, the rising tide raises all boats meme. progressoid Jan 2013 #35

I don't get why so many wall streeters give to the Republicans when Obama is clearly buttering their bloomington-lib Jan 2013 #4

had regained most of the lost ground by the time the Repugs regained the house ... zbdent Jan 2013 #5

that's pretty good for a socialist Skittles Jan 2013 #6

IKR!? Rex Jan 2013 #9

Kenyan anticolonialist Maoism Enrique Jan 2013 #14

That's exactly what I was thinking nobodyspecial Jan 2013 #22

It's not just the rich who have stock investments OKNancy Jan 2013 #7

>don't wish for the market to do poorly. If it does even the little guy suffers.< B.S. jtuck004 Jan 2013 #29

well OKNancy Jan 2013 #38

The rich own the vast majority of stocks Major Nikon Jan 2013 #37

And the Kochs and the Adelsons of America still had the nerve to vote against him? Jamaal510 Jan 2013 #8

They want cheap labor The Wizard Jan 2013 #17

Exactly. Dawson Leery Jan 2013 #26

Miit: "Cut gov't spending on wind and solar power!" vkkv Jan 2013 #10

Well, Obama did hire a pro-Wall Street team Leopolds Ghost Jan 2013 #12

In fact, WaPo just wrote a story saying that the purpose of the Treasury Secretary Leopolds Ghost Jan 2013 #13

The Congressional height of hypocracy 90-percent Jan 2013 #15

Corporate Profits Have Grown By 171 Percent Under �Anti-Business� Obama - 1/17/13 ErikJ Jan 2013 #16

Suck on it, Republicans Berlum Jan 2013 #18

That puts Obama at #3 among all presidents. #1 - FDR with 189% !! pampango Jan 2013 #19

I started by IRA when Clinton adieu Jan 2013 #21

I learned my lesson the hard way. My 401k flatlined and the lost money through GWB's terms Politicub Jan 2013 #25

TeaBag neanderthals aside broadcaster75201 Jan 2013 #23

I've been trying to tell everyone this. President Obama has been good for 401k retirement accounts Politicub Jan 2013 #24

FDR #1, Obama #3 - the two presidents called 'socialist' more than any other in history... Drunken Irishman Jan 2013 #27

not bad samsingh Jan 2013 #28

Some will comment that the market was going to improve regardless of question everything Jan 2013 #31

Best soshalist/communist/Kenyan/mooslim preznit evah!!!! kestrel91316 Jan 2013 #32

The stock market does very well when there is a Democratic SheilaT Jan 2013 #34

stock market Vic Vinegar Jan 2013 #36

To be fair, stocks were at an awfully low level when he started daleo Jan 2013 #40

thanks for that reminder CountAllVotes Jan 2013 #42

Every year under Obama has been a great stock market year except 2011 when it was flat progree Jan 2013 #44

Yup, we have G.W. Bush to thank for that (do people here really prefer a declining stock market?) progree Jan 2013 #43

I have a little stocks but that return has beat my bank savings account interest return 10 fold. Sunlei Jan 2013 #41