"Everyone is getting richer but not me! It is just NOT fair!!!!"
2007-07-12 09:13:24 · 18 answers · asked by Samm 6 in Politics & Government ➔ Politics
The first volley obviously will be class envy, "only the rich benefit" but anyone with a brain knows that is a lie.
What I like about this is the markets can see through all of the negative propaganda that the MSM puts out daily about how bad things are economically. I am hopeful that this means the MSM has been outed for what they are, the propaganda arm of the socialists.
What I would like to know from those on the left who are brainwashed into believing whatever the democrats tell them is, where did you put your money over the last seven years, in a can in the back yard, while those who are not brainwashed saved every dime we could and put it to work in the market.
God I love a free market.
2007-07-12 09:56:05 · answer #1 · answered by rmagedon 6 · 2⤊ 1⤋
I'm fine with it, since I have my IRA invested partially in stock funds. However, I'm not foolish enough to think that one good day on the stock market actually means anything. First of all, only foolish stock investors ever look at a single day. Stocks are an investment that are meant to be held for long-term appreciation. This is because the stock market, over any given long-term period, will go up. It doesn't matter what's happening in the economy, or who's in charge, the stock market goes up. There are dips here and there, but it always recovers and always goes up over time. End of story.
2007-07-12 09:25:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
They're getting richer too. We all are. Just not at the same rate.
That's the tradeoff - we can all get richer by varying degrees or we can become more equal by taxing anyone who starts to get ahead, thus keeping everyone down. That's what they do in much of Europe - - - it's like a football league in which you're guaranteed to not fall below 4-12 but you're not allowed to do better than 10-6.
"Sorry buddy, but the market is about speculation and manipulation. It doesn't have much to do with real economics" - um, Iltrix, are you in third grade or something?
2007-07-12 09:28:29 · answer #3 · answered by truthisback 3 · 0⤊ 1⤋
Sorry buddy, but the market is about speculation and manipulation. why weren't you on the boards yesterday when the dow dropped almost 150 points? It doesn't have much to do with real economics when looking at the whole picture of economic indicators and other factors such as inflation, cost of goods and services and energy prices to name just a few that go into looking at the health of an economic system. Cherry picking one day of rising stock market prices isn't an indicator of much of anything either, except there might have been a tid bit of good news. That doesn't mean it couldn't drop the next day. The market is just one of many many factors of an economy but is far from being the one and only. But if you want to look at that instead of the realities of rising gas prices and the plunging value of the dollar on the world currency market and what the consequences of what that might mean, by all means whatever makes you happy in your delusions.
http://www.latimes.com/business/la-fi-markets11jul11,1,4896829.story?track=rss
2007-07-12 09:23:26 · answer #4 · answered by Anonymous · 2⤊ 3⤋
I'm actually a little nervous about the degree of volatility it's had lately, and have scaled back my stock exposure a bit.
But, the standard lib reaction would be that it's symptomatic of the Bush economic conspiracy to make the rich richer on the back of the poor working class American...
2007-07-12 09:18:13 · answer #5 · answered by B.Kevorkian 7 · 3⤊ 3⤋
Why do conservatives brag about war profits?
While the housing industry is failing. Manufacturing is gone. Sold out to the Chinese who are trying to poison us and Mexicans who just want more and more and when I try to complain about it all I get is press 1 for english or worry who is listening on the other side.
2007-07-12 09:29:21 · answer #6 · answered by Enigma 6 · 0⤊ 2⤋
http://www.cbsnews.com/stories/2007/03/01/60minutes/main2528226.shtml
and
http://www.gao.gov/cghome.htm
In particular, spend some time browsing around the latter site. Thats how I think acout.
2007-07-12 09:26:33 · answer #7 · answered by Moderates Unite! 6 · 0⤊ 1⤋
The pessimists will come up with some excuse about why it is not valid, or some other issue that takes attention away from it. Even with a great economy, I guess you can't please all of the people all of the time...
2007-07-12 09:25:16 · answer #8 · answered by ItsJustMe 7 · 1⤊ 1⤋
Liberals don't support rich business people who have earned all their money.
So I wouldn't be surpirsed to see them be happy after those investors lost a few thousand.
2007-07-12 09:16:36 · answer #9 · answered by Anonymous · 2⤊ 4⤋
Educate yourself.
http://en.wikipedia.org/wiki/Strawman
2007-07-12 09:20:05 · answer #10 · answered by x2000 6 · 1⤊ 3⤋