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The Dow Jones under President Obama and the Democrats

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krispos42 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 10:54 PM
Original message
The Dow Jones under President Obama and the Democrats



The Republicans use this as a gauge of the economy. I tend to think it's bullshit; it's mostly how much rich people want to pay for used stock... which they hold for an average of 22 seconds before selling. But, nonetheless, they worship the damn thing.

So now they're going to kill the thing they love because they hate seeing federal spending grow in close proportion to inflation and population expansion.

Yeah, that's a reason, isn't it?


No, it's Shock Doctrine™. This:




...simply isn't enough. Not because these people don't have enough money; it's because there is still a political threat to that wealth because there is still organized people that can disrupt their system. Privatizing Social Security will help the powers that be enormously; it transfers money to be handled by those that have already (mis)handled trillions.
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 01:32 AM
Response to Original message
1. Wow - k&r. nt
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krispos42 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 08:36 AM
Response to Original message
2. morning kick n/t
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aaaaaa5a Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 08:49 AM
Response to Original message
3. K&R!

Do you have link to that info!
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krispos42 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 10:24 AM
Response to Reply #3
4. The top chart has a URL on it; I took a screen capture last night and cropped it.
The income graph is from a "Mother Jones" article a few months ago; they were all on several threads on DU and I saved them and put them in my Photobucket account.

The stuff about the "22 seconds" is from here

http://www.zerohedge.com/article/michael-hudson-average-stock-held-22-seconds-and-average-foreign-currency-position-held-30-s
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aaaaaa5a Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 01:19 PM
Response to Reply #4
5. Thanks! NT
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aaaaaa5a Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 01:24 PM
Response to Reply #3
6. These numbers are amazing.
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krispos42 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 09:06 PM
Response to Reply #6
7. But, yanno... Obama the socialist hate capitalism! n/t
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