Seriously, all you Liberals who are touting the recent Market decline have you ever owned a stock?

Question

Better yet have you ever actively traded?

So the tell me what responsiblity does the Fed play in this current volitility?

Answer 1

Don't need to be an economics professor to see that this is normal ups and downs of the market.

I'm not a neoconservative either.

Answer 2

Yes, I have and do. The point is more that the Dow Jones is a stupid measure for how the economy is doing.

If a company lays off thousands of workers and devastates a number of communities, damaging local economies, housing markets, straining government services, etc, the investors reward companies for becoming more competitive, their stock value goes up, and the indexes rise.

Is that really a fair measure of how the economy is doing, overall? Also, because of the shorter and shorter term outlook by impatient speculators, the stock market resembles horse racing more than it does a real economic picture.

I have owned stocks, and traded stocks. I've never claimed that the value of a single stock or group of stocks is anything more than how some companies are deemed by investors.

It's the conservatives, who, when challenged on record debt, bankruptcies, destroyed pensions, downsizing, underemployment and decreasing safety nets, crow about how the Dow Jones hit 14,000.

The liberals aren't claiming that the falling market is anything one way or the other. They are merely holding conservatives to their own arbitrary standards. They aren't touting the market's decline, they're pointing out the stupidity as using it as the lone benchmark for economic success.

Answer 3

Anyone who has a 401k owns stock. But I also own mutual funds and stocks in various companies. And, I don't think there are too many liberals out there touting the recent market decline. you are either misreading their posts or wish they were touting the decline. But the decline is a reflection of serious problems in the economy. It's not just American economy, it's the world economy.

Answer 4

Yes, I own stocks in mutual funds and individual stocks in a few companies. The reaction that you are seeing from liberals is in response to the idiotic rantings of various neoconservatives about the “great” economy. It is infuriating to see these people touting the fantastic Bush economy without looking seriously at what has been going on in this country.

Answer 5

Yes. Have before, currently do, and plan on owning stock in the future.

Like the above poster said : The market now reflects the continual decline in the overall economies health. The housign and lending markets are in serious trouble. If you don't realize that (or somehow think that people owning stock is what directly affects that), than you really ought to just go away and stop embarassing yourself.

Answer 6

What is funny is the lack of understanding about the market. It does fluctuate. The dow is still very high. The can have an influence on the market to a degree. Bush announced he wasn't going to bail out the market using Fannie May. He basically said they should work it out. (I agree)... The market will rebound though. Lets not forget... in 2000, 01 & 02 we experienced the second worse bear market in US history... and then rebounded quite nicely.

Answer 7

Ah. I see. Democrats have no right to comment on the stock market decline unless they've owned and traded stock. (Even though the stock market has pretty consistently been one of the main barometers by which Republicans have measured Bush's success as a President.)

To answer your question, I own stock now.

Answer 8

Raijin your on the phone with your broker right now, screaming sell, sell, sell aren't you. it's the credit problem and lack of liquidity that is causing this downturn. The fed has infused 17 billion into the economy and still diving. Yes I own stock in ffiv, which is doing quite well thank you. You might want to move your money their.

Answer 9

I love when people blame politicians for stock market declines. PROVES they dont have a clue about markets. That being said, most far leftys would love for the US to go into a severe recession before 08 elections.

Answer 10

Seriously?

Split.

Retirement is in there

Never traded myself.