Billmon:
IV. The ‘Real Issue’
III. Breaking Even
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October 4, 2006
WB: The Many Faces of Mark +++
Comments
Rush likes to grill liberals because they are always looking for “excuses” for peoples’ behavior. Let’s see some good old Republican self-responsibility now for a change, okay?
Posted by: ralphieboy | Oct 4 2006 7:12 utc | 1
of course one would have done better to buy into a money market fund instead of the DJIA, S&P or Nasdaq in the past 7 years.
Now of course if one had the crystal ball then buying into the stock indexes in 2003 would have worked out well.
Posted by: ab initio | Oct 4 2006 7:13 utc | 2
No, there has been tremendous economic progress in the past seven years.
In the Nineties, the stock market was something many Americans had a real stake in.
Tremendous progress has been made since then. Tremendous assets, tremendous amounts of money have moved from the working Americans to the top ten percent of our population — the insanely wealthy, the Ownership Society of North America now holds full title to what used to be a public game.
They got the stock market. You got the lottery.
Posted by: Antifa | Oct 4 2006 7:22 utc | 3
Cheap is what it’s called. The US stock market is cheap on a PE basis.
Posted by: Guthman Bey | Oct 4 2006 9:29 utc | 4
There were something like 277 “New Dow Highs” when Clinton was President. You are doing a heckuva job W with your 1.
Posted by: Robert | Oct 4 2006 14:23 utc | 5
factor in inflation and barely exceeding where the Dow was 6+ years ago is even less impressive.
Posted by: ran | Oct 4 2006 15:38 utc | 6
Real Estate has doubled and tripled since 2000. So how does that make the Stock Market look?
What is evident here is the crashing dollar.
The real money is being made in usury.
Posted by: pb | Oct 4 2006 16:04 utc | 7
Its so embarassing
when the link doesn’t work.
Try This
A Compendium of Republican Sex Scandals Involving Children
Posted by: tescht | Oct 4 2006 18:38 utc | 9
“…Twelve Easy Steps.”
They’re simple but they ain’t easy.
Posted by: vachon | Oct 4 2006 20:05 utc | 10
The linkage between the two school sieges in the last week where girls were seperated from the rest of the class then molested before being murdered, and Mark Foley’s efforts to snag a couple of fish outta the Congress holding tank are more than sheer contemporanity.
Since the earlier page scandals back in the 80’s amerikan politicians of all shades have been periodically (ie when anyone bothered to look) been caught engaging in sex or quasi sex with young luvvlies of either gender.
The meme of power =wealth= the right to ‘stick it’ to the young has been firmly imprinted into the social consciousness.
In amerika if you don’t have wealth and want power what to you do to get that power?
Why grab a gun of course! The ‘equaliser’ a term first coined by Damon Runyon during the depression when millions were impoverished and disempowered has regained currency of late.
It is no coincidence that the first perp, the so called Colorado school killer was a homeless man. The second was a working class murderer (truck driver) who had suffered numerous reversals (death of a child) which probably caused him to feel he was ‘owed’ too.
Both shooters were white and that probably added to their feeling of entitlement/failure.
But without getting too far into the murderers especially based on probably incorrect and unsubstantiated media sensationalism, one of the questions amerikans need to ask are. How can we keep our children safe, while children are regarded as an essential trophy by the successful and powerful?
When other material objects come into high demand and are regarded as the domain of the rich and powerful we build vaults to keep them in, how do we do that with children?
Wouldn’t it be easier if you slimeballs kept yer hands off our kids?
Go do a Caligula instead and fuck yer horse, scumbags.
Posted by: Debs is dead | Oct 4 2006 20:29 utc | 11
Oh, Did, it’s a Caligula, alright, though not the one we want to think of,
more like a Slaughterhouse.
Once you admit mind control to your ambit of the real world, it’s a different world. The worms won’t go back in the can. No wonder the subject is usually given wide berth by critics of government and even many students of deep politics, notwithstanding documentation of government ambition, survivor testimony and dark history.
Posted by: Uncle $cam | Oct 4 2006 20:39 utc | 12
Given the Bush/Cheney administration level of competence take this with a grain of salt, but it is notable that the price of a tank of gas has been falling through the summer and fall. Gas was one of the most noticable aspects of Bush/Greenspan inflating the dollar till it is worth a palmful of spit. How in the world could I say that the Bush administration is competent enough to manipulate the oil market? So far it has only been competent enough to destroy the U. S. army which should rankle at this DoD supported site.
The last time there were mid-term elections the stock market was tanking through 2002 due to end of the ‘tech’ shell game. Tainte Aime wrote how scared the administration officials were through 2001 and 2002 watching that capitalist tool meltdown, she noted that was in-coming missile # 1 on the radar screen. Still from the first week of Oct 2002 right through the election the market rallied.
From the Bill Fleckenstein web site he noted that the number of advancing stocks in the Dao Jones cult average making new highs is extremely narrow, Moregain Stanley being one. GM is making lows but considering there are unions in that company it is more of a Cuban stock than American capitalist. Plus there is inflation. Dividend from the Dao Jones payout is extremely low; all of the stocks depend on capital appreciation hype.
Posted by: christofay | Oct 4 2006 23:49 utc | 13
I was kind of hoping that his next excuse would use that line from “Officer Krupky” from West Side Story – “Dear kindly judge your honor, my parents treat me rough, with all that marajuana, they won’t give me a puff!”
Posted by: Rose | Oct 5 2006 21:25 utc | 14
Go do a Caligula instead and fuck yer horse, scumbags.
Unfortunately, the Deciderer is afraid of horses — that’s why you never see any around the converted Crawford pig farm now labelled a “ranch”. And the Oval Office courtiers, like courtiers throughout history, ape even the phobias of their Little King. Child-rape is safer, at least until the peasants find out what their various ‘Child Protection Acts’ were fronting.
Posted by: Anne Laurie | Oct 6 2006 9:01 utc | 15