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The one thing I love about having a republican in the Whitehouse!

Annualized Real Stock Market Return From 1952 thru 2012:
Democrats +10.48%
Republicans +4.45

Turns out that tax-cuts for the wealthy, idiocy, vast wealth inequality, deregulation, environmental destruction, hate, tariffs, massive deficits, conspiracy theories, hostility towards science and the scientific method, xenophobia and war are not really good for the markets or the world.

Donald Trump realizes this, if only his followers could...
"I’ve been around for a long time and it just seems that the economy does better under the Democrats than the Republicans." ~Donald Trump, 2004
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No. of Recommendations: 14
Annualized Real Stock Market Return From 1952 thru 2012:
Democrats +10.48%
Republicans +4.45


That's because most economic policies take years to implement and for the effect of them to be felt in the economy.

tax-cuts for the wealthy
The greatest beneficiaries of the TCJA are moderate income families with children under 17. The very high income, from an AGI of $300K to $1MM, with 10% of this QD+LTCG, their tax bill remained pretty constant or went up. I've run many of these through my Excel SS that I and another CPA constructed, to look at the difference between the 2017 and 2018 tax bill for many, many different households.

vast wealth inequality...
I agree. Shouldn't you be contacting the uber-wealthy about this through e-mails, Tweets and texts? I mean, were I you, I'd spend all that time you have after your high school classes whipping up support for demonstrations against these money-mongers, with names like Gates and Bezos and Zuckerberg and Saverin and Page and Cook and Soros and Parker and, well, you get the idea. I'm sure you can find dozens of such miscreants to spend your days harassing.

I'll bet if you took a bit more time and gave it a bit more thought, you'd come up with some more one-word pejorative descriptors. Just go find a Thesaurus and list out every pejorative personal synonym you can find...I'm sure it will make you feel much better.

I marvel at those who make fools of themselves...and not realize they're doing it. Mark Twain


And FWIW, these last two market sessions are creating what is referred to as a 'buying opportunity', although that's a tough concept for some to understand.

BruceM
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No. of Recommendations: 5
most economic policies take years to implement and for the effect of them to be felt in the economy.



So all the gains this far are Obama's?





these last two market sessions are creating what is referred to as a 'buying opportunity', although that's a tough concept for some to understand.



Are you implying that you know when the market is going back up? Please tell us the date.
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I'll bet if you took a bit more time and gave it a bit more thought, you'd come up with some more one-word pejorative descriptors.

Koch.

And FWIW, these last two market sessions are creating what is referred to as a 'buying opportunity', although that's a tough concept for some to understand.

How many *additional* "buying opportunities" will there be during *this* week? Next week? Maybe there will be a real Halloween fright show? Other than Spankie, that is....
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Odd how the FED didn't care that a trade-war is ongoing. Trade-wars slow the economy, raising the rates was a double-whammy. Of course the IMF (international monetary fund) also put out a note that the 'world economy' is headed for recession, last Thursday.
IMF scare tactics, blind-eye by Fed = tank of stock-markets. Why you ask?
Because the global players don't want a roaring economy in the USA before the mid-terms. The international big-boys are at play with us.
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That's because most economic policies take years to implement and for the effect of them to be felt in the economy

Obama left the office with deficit less than $600 B, a strong economy. The republicans and Trump administration are solely responsible for the current year deficit that is going to hit $1T mark. This is with economy doing great, a significantly high tax receipts due to offshore money brought up through amnesty program.

The tax cut is done on the back of middle class and poor Americans.

Where are fiscal conservatives? They will soon come out once they are out of the majority to demand cuts on social programs, cut social security,....

You can argue Republican policies are good for you but Republicans are bad for the economy.
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<these last two market sessions are creating what is referred to as a 'buying opportunity', although that's a tough concept for some to understand.>

No doubt! Two things I love about republicans in the Whitehouse:
1)The Market* performs poorly when they are in office, giving me wonderful buying opportunities! There will always be a warm spot in my heart for G.W.! (And I'm betting Trump as well!)
2)They cut my taxes! I'm in the 1% (not bragging just stating fact.) and the tax cuts are sizable, thank you guys!

*Stock market performance reflects overall economic performance. Since 1973 The S&P 500 has risen an average of 10.5% under Democrats vs only 3.1% under Republicans. This isn’t a matter of a few years disrupting the figures, either. On the contrary, the median tells an even more dramatic story: 12.4% vs 3.3%. And the volatility (standard deviation of return) has been lower under the Democrats, too.

https://www.nasdaq.com/article/dollar-us-economy-stocks-they...

I do enjoy reading your rationalizing...
"Rationalization is a process of not perceiving reality, but of attempting to make reality fit one’s emotions." ~Ayn Rand
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Democrats are probably selling en masse to drive the market down just before the elections. Soros and other big holders...selling millions of shares trying to initiate a panic selling and driving the market down 10-20% .....

t.
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Democrats are probably selling en masse to drive the market down just before the elections. Soros and other big holders...selling millions of shares trying to initiate a panic selling and driving the market down 10-20% .....

t.


Or the market is anticipating that Democrats will pick up more Congressional seats in November.
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<Shouldn't you be contacting the uber-wealthy...these money-mongers, with names like Gates and Bezos and Zuckerberg and Saverin and Page and Cook and Soros and Parker and, well, you get the idea.>

Yeah Bruce, I get the idea...all the smart wealthy people are liberals.
I already knew that.
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No. of Recommendations: 6
<< Republicans = Stock Market Collapse Date: 10/12/2018 12:16 PM
>>



Ho hum. Not an issue for us buy-n-hold types.


However, I do have bags of cash ---- is it time to buy, yet?



Seattle Pioneer
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<Or the market is anticipating that Democrats will pick up more Congressional seats in November.>

Are you telling me that this guy is a draft-dodger and serial adulterer, who also doesn't know anything about economics?

"I’ve been around for a long time and it just seems that the economy does better under the Democrats than the Republicans." ~Donald Trump
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<Or the market is anticipating that Democrats will pick up more Congressional seats in November.>

Are you telling me that this guy is a draft-dodger and serial adulterer, who also doesn't know anything about economics?

"I’ve been around for a long time and it just seems that the economy does better under the Democrats than the Republicans." ~Donald Trump


I don't like Trump (or Republicans), and I don't care what he says.

All I know is that economies do better when there is greater economic freedom. U.S. economic freedom dropped from a #3 ranking in 2000 to #18 according to the Index of Economic Freedom (https://www.heritage.org/index/ranking). It's no wonder that the recovery from the 2007-2009 recession was the slowest recovery since the Great Depression.

Both parties contributed to the drop, but Democrats have contributed to the drop more than Republicans. If Democrats get their way, they will continue their assault on economic freedom. At least Trump is reducing taxes and regulation. His protectionist trade stance is hurting us though.
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All I know is that economies do better when there is greater economic freedom.





"More freedom" led to the crash of 2008.
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All I know is that economies do better when there is greater economic freedom.

"More freedom" led to the crash of 2008.


Massive government intervention led to the crash of 2008.

Here is a good summary of some of the government policies that caused the crash.

Not What They Had in Mind: A History of Policies that Produced the Financial Crisis of 2008

https://www.mercatus.org/publication/not-what-they-had-mind-...

You won't read it though because liberals never educate themselves. They don't think that they need to. Everything is self-evident to liberals (even when it contradicts reality).

It's not a coincidence that the 3 markets where government intervenes the most are the ones that Americans are most dissatisfied with: financial services, health care, and education.

If we had anything resembling a free market in these markets, we wouldn't have these problems.
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Turns out that tax-cuts for the wealthy, idiocy, vast wealth inequality, deregulation, environmental destruction, hate, tariffs, massive deficits, conspiracy theories, hostility towards science and the scientific method, xenophobia and war are not really good for the markets or the world.

With the exception of deregulation (witness booming economy), tax cuts (which were for all Americans), and tariffs (which have already resulted in the renegotiation of NAFTA), you just described Democrats...problem is, what's left over are not good things.

MR
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"More freedom" led to the crash of 2008.
---------
Massive government intervention led to the crash of 2008.





You really have no idea what you're talking about. Government policies didn't force those firms to invest in risky derivatives, which are what caused the crash. Government policies didn't force the ratings firms to give A-ratings to worthless products. Government intervention might have prevented it, though. You should watch the movie 'Inside Job' so you at least have a basic clue and stop embarrassing yourself.



It's not a coincidence that the 3 markets where government intervenes the most are the ones that Americans are most dissatisfied with: financial services, health care, and education.

If we had anything resembling a free market in these markets, we wouldn't have these problems.





We had a free market in health care, and it wasn't working. A free market in financial services led to the crash, as I keep explaining to you. A school is supposed to take a longer view than the 90-day short-term gains sought by a publicly-traded corporation.
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You really have no idea what you're talking about. Government policies didn't force those firms to invest in risky derivatives, which are what caused the crash.

Government policies didn't force them. They just created a system that gave the firms incentives to do it.

Like I said, you are not interested in educating yourself.
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Government policies didn't force those firms to invest in risky derivatives, which are what caused the crash.
------'
Government policies didn't force them. They just created a system that gave the firms incentives to do it.




The system is called Capitalism, and the incentives are what we call profit, along with a lack of consequences. You want consequences, you need more regulation, not less.
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Government policies didn't force those firms to invest in risky derivatives, which are what caused the crash.
------'
Government policies didn't force them. They just created a system that gave the firms incentives to do it.

The system is called Capitalism, and the incentives are what we call profit, along with a lack of consequences. You want consequences, you need more regulation, not less.


Actually, regulations and government intervention insulated people from consequences, such as deposit insurance, bailouts, etc. Businessmen were acting rationally in the fragile system that the government created.

By the way, when the Bush Administration was trying to increase regulation of Fannie Mae and Freddie Mac in 2003, you must have been livid when Barney Frank opposed it, saying:

"I want to roll the dice a little bit more in this situation toward subsidized housing."
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<<The system is called Capitalism, and the incentives are what we call profit, along with a lack of consequences. You want consequences, you need more regulation, not less.>>


Not really---


In the late 1980s during the S&L bank meltdown, a lot of S&L banks failed. So they were penalized by their failure.


A stock that I held, Washington Mutual, was in a position to buy up lots of those failed banks at cheap prices, and they were rewarded by high profits and increasing dividends.

Despite the signs of weakness in banks and home lending in the late 1980s, I thought if a repeat of bank failures occurred, Washington Mutual, which had already profited hugely from one series of bank failoures, would do so again.


I was wrong. The management was asleep and Washington Mutual became the biggest American bank to fail ever, with $700 billion in alleged assets.

Lots of people lost their jobs, including CEO Kerry Killinger.


No government regulation needed, or not much anyway, to punish that foolishness.


Seattle Pioneer
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Actually, regulations and government intervention insulated people from consequences, such as deposit insurance, bailouts, etc.



You've changed your argument. First you claimed regulations caused the crash; now you're saying they merely minimized the consequences.




By the way, when the Bush Administration was trying to increase regulation of Fannie Mae and Freddie Mac in 2003, you must have been livid when Barney Frank opposed it



I was waiting for you to bring up Fannie/Freddie, because it's the usual right wing argument. They didn't cause the crash, because the vast majority of subprime loans were not written by them. Credit default swaps, on the other hand . . .
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I should also point out that brokerage accounts are not FDIC insured, so your comment about deposit insurance doesn't apply as much as you might think it does.
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Annualized Real Stock Market Return From 1952 thru 2012:
Democrats +10.48%
Republicans +4.45


That's because most economic policies take years to implement and for the effect of them to be felt in the economy.



Taking the easy path and doing the likable thing in the short term always reminds of the three people going to look for gold in Alaska in "Call of the Wild." The amount of food the dogsled can carry is related to the energy expenditure of the dogs and the ultimate distance that can be traveled, and by giving the dogs extra food along the way, the three people assured their own deaths along with that of the dogs.

I've had a couple reasoned responses to some of the posts of people trying to tweak others here, and ended up skipping the posting of them. I invite you to join me in not feeding the trolls.
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The one thing I love about having a republican in the Whitehouse!

Annualized Real Stock Market Return From 1952 thru 2012:
Democrats +10.48%
Republicans +4.45

Turns out that tax-cuts for the wealthy, idiocy, vast wealth inequality, deregulation, environmental destruction, hate, tariffs, massive deficits, conspiracy theories, hostility towards science and the scientific method, xenophobia and war are not really good for the markets or the world.

Donald Trump realizes this, if only his followers could...
"I’ve been around for a long time and it just seems that the economy does better under the Democrats than the Republicans." ~Donald Trump
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Top 20% of Americans already Pay 87% of the Income Tax.
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Dow down another 400 points this morning!
Classic Trump...
Pile on the debt then claim bankruptcy!
Am I the only one who's read, "The Art Of The Deal"?

Make America Gullible Again!
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Am I the only one who's read, "The Art Of The Deal"?

No, but, your the only one with a 'delusional comprehension' of it.
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<No, but, your the only one with a 'delusional comprehension' of it.>

Please enlighten me with your "comprehension" of it. I can't wait!

The Art Of The Deal, AKA Inherit a huge sum of money from Daddy, piss much of it away. Claim bankruptcy 4X. Don't pay taxes, scam people every chance you get...

Trump Vodka Failed
Trump Steaks Failed
Trump Airlines Failed
Trump Casino Failed
Trump Water Failed
Trump Magazine Failed
Trump University Failed
Trump Travel Failed
Trump Mortgage Failed

Make America Gullible Again!

You can't refute the facts so bring on the personal attacks!
-Stable G
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Dow down another 400 points this morning!
Classic Trump...
Has The Orange Dimwit from NY ever succeeded at anything?

Trump Marriages Fail
Trump Vodka Fail
Trump Steaks Fail
Trump Airlines Fail
Trump Casino Fail
Trump Water Fail
Trump Magazine Fail
Trump University Fail
Trump Travel Fail
Trump Mortgage Fail
Trump Combover Fail

Make America Gullible Again!
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