The stock market looks bad.

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My dh deals with stocks somewhat (middle manager at a small investment club software company)
I have to admit that I was worried about his job stability when all this started. But people are hanging onto stocks and riding this out. Others are waiting for certain stocks to drop and then buying them up. Most of the people the company deals with are older folk that wanted to take control over where their money was going.But there are younger people opening clubs now as well. Not many of the "clubs" have closed and more have actually been opening.
They have a investment club set up for the company as well. They have researched and invested wisely. Things have been going up and down. But right now. If "we" cashed out, we would come out ahead by nearly $700. Not bad for a "iffy" stock market.

I guess that is why I get so aggravated. And was a bit ticked by being laid off Monday. It's not going to happen overnight, but things are going to get better. And if yo have been smart with your money. It really is not that bad out there. The job market stinks. But that too will turn around.
I am just hoping what ever comes down the road weeds out the weak. I have to admit I can see a lot of "SSS" coming. I pity the idiot that tries to take whats mine
 
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I really don't think anyone is suggesting socialism here, and I really don't believe that the stock market is falling in fear of it. I think at this point investors and evryone else is waiting to see what happens and there is certainly a liitle fear that any stimulis will fail.
Personally I think Americans are to opinionated to allow socialism to take over...and that is a good thing.

Opinions have nothing to do with the allowance of socialism. The chance of socialism taking over would be more to do with the idleness of Americans, which unfortunately is plaguing our freedoms.

Every time there is talk of socialist ideas(40% stake in Citi Bank, nationalizing health care, stimulus package, etc.) the stock market plummets. Pay attention to the correlations and stop watching the main stream media put their spin on what going on and you'll see it is true.

Wow, I really do not appreciate you questioning my intelligence, I do not rely on any one source for my beliefs or information. I do pay attention, thank you.
And, opinions do matter, it is people like myself with strong opinions that work on changing things and actively participate in their communities. It is people who just give up and think their opinion does not matter any more, that create idleness.
 
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The tax cuts that George W had in place will be allowed to expire next year. What does this mean to you? The "no tax increase" for the middle class will be a tax increase for the middle class. The only ones that will get a tax break are those that never had to pay taxes in the first place. Those that pay no taxes, will get a "refund". Great country or what?
 
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A great thing about this country is if we do not like it we can move!
Or get active and try to make a difference, not just whine.
 
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You mean the people that make little to no money working at fast food joints yet bought 500k houses. Those "responsible people" Or the people that gave them those loans with no income verification?
Where is the government supposed to get money to run the country?
People are complaining that they are just "printing it" whilie nillie and weakening the dollar further.

We got a refund, we pay taxes.
Taxes have ALWAYS rested on the shoulders of the working middle class. That is why the fact the job market stinks is a really bad thing. You cant get money from people that are not working. Myself. I dont mind paying taxes. I get "it"
I do mind paying for other peoples screw ups. I dont think that it is fair that my states Gov is planning on raising the gas tax to the highest in the nation to fix or keep up roads that I dont use.

As far as the rest of what I am thinking right now.
duc.gif
 
I am so thankful we live in a country we can bash without getting arrested!
I hope everyone has a great night, stay warm and dry, and sleep well...see you in the morning when the roo crows. Goodnight.
 
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You're welcome rimshoes.

I too hope people will pay attention - but I still hear so many people intelligent well educated people economists and policy analysts and others who are all screaming at each other of what will "work".

We're in uncharted territory. If what people want is to get things "back to normal" they can only do that by nationalizing the banks. No one else has the capital to hold that level of debt afloat. And I know many of you get the total fits when people say that, but if you say let the banks fail - as I often did - you discover that that would devalue the dollar WAY worse than nationalizing the banks.

The stock market is no longer hinged to the real market. The two simply do not correlate the way they should. People acted as if "value" was money and lent and borrowed accordingly. Value drops and the money simply vanishes.

Back up and look at the way the whole global economy works and see the weak spots. The dominoes are way larger than people seem to be able to grasp.
 
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