Stock Market in Landmark Plunge<P>

self | 06-21-2002 | self

[Tuco-bad]

The S&P experienced its worst 17-week period ever (based on number of up/down S&P weeks), with the S&P down 14 of the past 17 weeks.

[pt17]

That's an awfully broad and negative generalization about liberals, who make up the majority of people in the USA

Since broad and negative generalizations are both the modus operandi and trademark of liberals, why not just accept it and move on to confront the plethora of problems liberalism has caused, not the least of which is the underpinnings of our current economic condition.

[The Raven]

I still think Clinton left a time bomb in the economy.

[steve50]

I am saddened when I see posts from well-meaning people who are buying stocks in this environment thinking that it is "patriotic."

Read on one of the market forums a guy saying " the bear market won't change until the last bull has given up", might be some truth in that

[Kobyashi1942]

I'll quit the Bush trashing when he starts becoming a conservative. When he cleans up Washington by setting an example by putting the Klintoons up on trial. When he cuts the government spending. When he throws out George Tenent & all of the Klintoon hangovers. When he protects us by closing the boarders insted of cowtowing to the Mexicans. When he stops the payout to Teddy Kennedy for a corrupt or inefficient school system. When he acts like a leader & votoes just ONE of Tommy Dascholes increased spending bills- 1 1/2 yrs in office & NO VETO.......

Yeah, and pigs will fly.

[discostu]

do you actually believe anything you're writing?! We given you reams of evidence showing that the economy was NOT doing well under Clinton, that the whole thing was propped up on smoke, mirrors and cooked books but you still insist everything was grand.

then you say the mideast was peaceful under Billy?! Just when did the intifada start again? Oh yeah September 2000. How about the Cole bombing? Our embassy in Kenya? Blackhawk down anyone? When did the Taliban take control of Afghanistan? How many times has the CIA now said they knew where Bin Laden was but the president didn't let them go get him? And who was the president during those time?

Presidents don't get to start with a clean slate, all this crap is happening under Bush's watch because Clinton didn't take care of business. He was too busy gettin' BJs from fat interns to actually be president and the whole pile has spun out of control because there was no one at the wheel.

[facedown]

edbarry

member since June 21st, 2002

Bush should hire Clinton as a Mideast negotiator???

Back to DU for you, Bud.

[Ole Okie]

Those underwear are nasty.

Gosh Laz, I keep having to correct your grammar.

It's "Them underwears IS nasty".

[Trajan88]

Dollar cost averaging... EXACTLY!

Trajan88; TAMU Class of '88

[Rebelbase]

", why isn't the successful economy of the 1990s credited to Clinton? "

Because Clinton inheirited the Regan recovery of the 18% per annum Carter years. It took years just to get the interest rate down to 10%, which made people jump for joy. You have obviously have no idea of how hard it is to buy a house on $50,000 year income when the interest rate is at 12-13%, let alone 18%.

Clinton just happened to be sitting President when the internet "bubble"/Technology economy took off...He had nothing to do with creating it. It would have happened if Ross Perot had been sitting in the White House.

[eureka!]

Re#98. Interesting, but not suprising. As to Lieberman, he is, of course, a huge recipient of Anderson $$$. *sigh* at the corruption...

[#3Fan]

During the Reagan years the stock market averaged 11% per year appreciation, good but not great.

That's the whole point. Stock prices shouldn't outrun productivity gains. A bubble is when this happens. And that's what happened during the decade of fakery and shallowness...the 90s. 100 to 1 PEs were ridiculous, and were brought to you by the plunge protectors. Everyone bought while there was no chance of a plunge. It was all fake.

[Dec31,1999]

You know do that crap if...

Good post otherwise, but could you check?

[Dec31,1999]

Final comment, liberals and liberal causes. This board was established for discussions by conservatives of events and concepts that are important to us. The media is dominated by liberals. The government is infested by liberals. Our educational institutions are overrun by liberals. The liberal viewpoint and liberal “debate” is forced upon us every day from every news broadcast, TV program, newspaper, school room, congressional debate, and on and on, ad infinitum. We are not suffering for a lack of liberal input. We do not need liberals coming in here to “inform” us or to “debate” with us on the need for so-called gay rights, abortion rights, gun-free rights, or to expand our minds to any other mushy liberal feel good concepts. There are no such rights in natural law, common law or the Constitution. We are well aware of your immoral and perverted desires, believe me. We do not need to hear it again. Your vanity posts on such subjects will likely get deleted, and you will likely get booted if you are a liberal and come in here thinking that we owe you a soapbox. This is not a government funded or approved project and we do not need to offer you equal time. If you are a liberal and want to post on FR (and several long-time posters are), you’d best watch your step and take care not to offend anyone, especially me. I have a very short fuse when it comes to tolerating anyone who wants to deprive me of my Constitutional rights, my God, my livelihood, the fruits of my labor, my children, my unborn grandchildren, my American Heritage, my freedom of association, my freedom or my Liberty.

Is this well-said or what?

[Dec31,1999]

He was too busy gettin' BJs from fat interns to actually be president and the whole pile has spun out of control because there was no one at the wheel.

I'm not sure that is true. He did bomb Iraq a lot, which never made the news. He bombed the hell out of Iraq. Things were different then. There was no way to really believe that we would suffer an attack as we have at that time, which is why the Bush Admin was caught off guard as well.

As far as the Moslems are concerned, they just got us when they were first able to, which is exactly what they will do again as their technology advances.

[discostu]

Sorry I'm a lousy typist to start with and it only gets worse when my adrenal gland is pumping.

[Tuco-bad]

I still think Clinton left a time bomb in the economy.

Let me ask you this question, and anyone else who wishes to answer:

In your opinion would the economy be doing well if we were now in a roaring bull stock market?

[TBall]

"Some thought that GW was going to clean up gov & reduce the budget. Oh, were they fooled. And Bubba & the cellulite legged
Senator still rule with the FBI files & the neudered Ashcroft. Do you want to invest in this corruption?" Short and Sweet. True

[discostu]

The bombings of Iraq were a classic example of the problem with the Clinton Whitehouse. He knew he had to do "something" but because he was risk averse when it came to the polls, and really wasn't into long term commitment all he ever did was some half assed bombings... usually timed to coincide when he was having other presidential problems. As Bush has shown us, bombing the bejeezus out of somebody can really help matters but if you actually want to accomplish anything you need ground troops, Billy avoided ground troops. Again look at the CIA reports about requesting permission to take out Bin Laden and his answer was know, even knowing from other activites that BL was a clear and present danger to the nation. As we learned very early in his presidency Clinton has a definite fear of body bags and once the Somalia thing occured he went WAAAY out of his way to avoid them.

[discostu]

If we'd have had this dip back in 95, which is when I first started hearing from traders that the market was over valued, I think the economy would be in good shape now. Instead it had 4 more years to get even MORE over valued, which means the dip is going to have to be much deeper and the climb out is going to have to take longer.

[dighton]

Is this well-said or what?

Yes, it's a good strong statement in plain English. No wonder some libs would utterly fail to comprehend it.