Every Democratic president that I know of was called a socialist by the right.
EVERY one.
Never has happened yet, despite the noises from the right about it.
You underestimate the moderate Democrats, as most conservatives are wont to do.
Think of it this way:
You have a three person group of voters who decide issues, A, B, and C.
A and C always vote in the completely opposite manner.
Where does the real power to decide an issue lie in this case?
Nouriel Roubini's personal investment strategy is to follow Cosmic’s advice…
Dear investors, do enjoy this dead cat bounce and bear market sucker’s rally ... don’t wait too long until you jump ship while the financial anic hits the next financial iceberg: you may get squeezed and crashed in the rush to the lifeboats.
http://finance.yahoo.com/tech-ticker...%5Edji,%5Egspc
i haven't heard anyone say that the market has recovered. it would be foolish to think that it has.
it's still a good time to invest if you go long.
http://money.cnn.com/2009/03/16/mark...ion=2009031610
Dow stretches rally to day 5
Financial shares lead the latest advance, but tech weakness limits the Nasdaq's gains.
By Alexandra Twin, CNNMoney.com senior writer
Last Updated: March 16, 2009: 2:13 PM ET
NEW YORK (CNNMoney.com) -- The Dow surged Monday afternoon, stretching its recent run to a fifth straight session thanks to a rally in bank shares and some upbeat comments from Federal Reserve Chairman Ben Bernanke.
The Dow Jones industrial average (INDU) added 130 points, or 1.8%, with under 2 hours left in the session. The S&P 500 (SPX) index added 13 points, or 1.8%. The Nasdaq composite (COMP) was little changed, with weakness in technology shares keeping it from gaining with the broader market.
Stocks rallied last week, bouncing back after the Dow and S&P 500 hit 12-year lows. The week was Wall Street's best since last November, with the Dow gaining 9%, the S&P 500 gaining 10.7% and the Nasdaq adding 10.6%.
Bernanke's comments and news from the bank sector helped Monday, but stocks were also just continuing to rebound off the lows, said John Forelli, portfolio manager at Independence Investments.
"Sentiment was really negative a week ago, and so each day the market goes up, the sentiment improves," he said.
Forelli said the advance could continue in the short run if investors are able to gain confidence that the economy is in the healing process. Yet, the run is bound to hit some speed bumps when quarterly results start pouring in next month.
"If you thought the fourth-quarter earnings were bad, get ready for the first quarter," he said.
I threw a dead cat from my roof last week. The er didn't bounce.
Well, it came off the ground like 1/16 of an inch, but that's hardly a bounce.
This cat people around here are talking about is unlike any cat I've ever seen.
The recession is over!!!!!! Go and charge, charge, charge!!!!!!!!!
Damn, you're still that asshurt that McCain lost?
no. i really don't have faith in government at all anymore. what's funny is you do. nice try dewey decimal boy.
Damn, you're still that asshurt that McCain lost?
Damn, you're still that asshurt that McCain lost?
Viva = "I'm going to try and save face now that I know McCain doesn't stand a chance and say that I'm going to vote for Bob Barr."
If you really don't have faith in the government, then shut the up and don't post on any one of these threads anymore.
Because, if you REALLY don't care, you wouldn't even be looking into threads like these.
Bob Barr!!!
When you realize that Viva is among the most bitter, small, and pitiful human beings you'll encounter, you learn to deal with his posts with a lot more pity than anger.
you're sadly wrong, clyde.
speak louder and bigger. use more icons also. it makes it appear that i'm losing this argument even more.
Viva = "I'm going to try and save face now that I know McCain doesn't stand a chance and say that I'm going to vote for Bob Barr."
If you really don't have faith in the government, then shut the up and don't post on any one of these threads anymore.
Because, if you REALLY don't care, you wouldn't even be looking into threads like these.
Bob Barr!!!
Of course I am.
Bob Barr!!
LOL at you stating that you even have an arguement!
What's you're argument?
Go ahead, make it.
......oh, and pitiful? i seem to recall a pretty butt hurt posting of you whining like a chimp in the middle of a banana famine about you being dumped. laughable.
Hey, stupid .
"speak louder and bigger"?
Check out this little nugget that started the back and forth:
You are such a stupid ass!!
BOB BARR!!!!
Who are you trying to convince, me or yourself?
banana smack means you've run out of smack.
the proof is in the banana pudding.
Citi went from $1 to $2.20 in four days
Closed at $3.08 after bottoming at ninety-something cents some days ago . . .Citi went from $1 to $2.20 in four days
The market is putting on a nice rally. Indices are up more than 12% since they hit the bottom.
CC, I think Obama must be doing something right.
But all kidding aside, the economic woes are far from over and this market will turn around for the worse, probably in early April, when 1Q results become available, as weel as 1Q economic data, both of which are going to be bad.
I would be careful about jumping into the market just yet. There might be another 5 - 7% of upside, but I have no doubt we will hit the recent lows in the coming months . . .
This is one ridiculous dead cat.
It's a dead cow bounce.
Oh well...another week, another trillion dollars. "The Fed buying Treasuries" is a polite way of saying "printing money". It may make the market giddy short term but is cancerous long term.
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