Hillary, and the Dow Jones Industrial Average, had their best weeks of the year. Coincidence???

[reformist2]

As happy as lifelong fans of HRC were this week, for some reason Wall Street was even happier!

Take a look at Hillary's chart this year, then the chart of the Dow Jones... they're practically identical! LOL

[Thinkingabout]

1. Comfidence in her ability to be a good president.

[FreakinDJ]

5. EU Stimulous on the way - FREE money for the 1%

Not that Hillary wouldn't hand out $Billions in FREE money to Wall St either.

But just how well has the "Trickle Down Recovery" worked out for you and the rest of the 99%

[Thinkingabout]

13. Did you want the alternative? Hell no, we have Americans struggling and without TARP we would have

a severe depression. The Commodities Futures Modification Act of 2000 had a lot to do with the financial crisis, maybe it would be informative to look at the voting record and see how that worked.

[FreakinDJ]

20. They couldn't even limit Wall St Bonuses

Lip Service to the Working Class sucks

[Thinkingabout]

25. This was rolled out by Hank Paulson, he was the Secretary of Treasury under George W Bush

administration, please turn your remarks to those who are responsible for this.

[FreakinDJ]

28. and continued by Obama and his Wall St insider recovery team

and soon to be Hilary with her cozy relationships and Wall St CEO donors

Didn't you get the memo - Obama's campaign had lots of Wall St donors just like Hilary

[Thinkingabout]

33. What could he have changed? Nothing, maybe you did not get the memo that once it was rolled out

changes could not be made. Answering to corporations and voting their way is not reserved to Obama and Hillary, Sanders votes to keep the F-35 going even though is has not tested very well and the military is not happy with its performance, why is this happening?

[FreakinDJ]

50. Larry Summers for 1 -

He didn't need to stack the deck with Wall St insiders who ensured ALL economic recoveries went to the 1% - But let's face it - that was "Bought and Paid for" long before Obama was elected. Go ahead and google "Obama 2008 Campaign Wall St Donors"

Wall Street Responsible For One-Third Of Obama's Campaign Funds

http://www.businessinsider.com/wall-street-responsible-for-one-third-of-obamas-campaign-funds-2011-7

Goldman Sachs was top Obama donor

http://www.cnn.com/2010/POLITICS/04/20/obama.goldman.donations/

Sure you really want to open this can of worms


https://www.opensecrets.org/pres08/contrib.php?cid=N00009638

[GoneFishin]

24. Nonsense. None of the money bailed out homeowners or freed up lending for small businesses

like the phony sales pitch promised. It was a con to loot the treasury one last time before Junior left office. And BO didn't pull the plug on it because his billionaire friends and Junior's are all the same.

[Thinkingabout]

30. President Obama did not roll out TARP, Hank Paulson rolled it out, he was Secretary of Treasury

under Bush. President Obama implemented HARP, which was of assistance to homeowners. There was also factors like mortgages going to people who NEVER was going to afford the mortgages, they did not have the income to pay the mortgages. Sad but true.

[GoneFishin]

36. He had the chance to pull the plug on the 2nd half but allowed $ million bonuses to Goldman Sachs

executives and others in reward for unethical behavior.

He did nothing to slow down the abuse of the system, and consequently it will happen again, and may be worse next time.

[Thinkingabout]

45. He made changes where he could, there was already contracts in place before TARP was passed and in

the early roll out Paulson allow those to continue. Golden parachutes have happened many times and not only in the TARP roll out.

[GoneFishin]

49. Excuses are easy to make.

[Thinkingabout]

62. Accusations are easier to make.

[treestar]

51. It works OK

Are you kidding? If people are doing well enough, they won't care.

As to this billions in free money that Hillary has to hand out

It would behoove her to hand it out to the poor, which gets more votes.

[UglyGreed]

26. IMO Confidence in

having the system stay nice and comfy for the Fat Cats. Just sayin

[Thinkingabout]

31. You can get in anytime and maybe become a Fat Cat.

[Fred Sanders]

2. The squiggly lines sure do look similar.....I would do some more research, you could be right.

Here is another interesting coincidence....or not?

[reformist2]

7. Nice try, but you know in your heart there's something to the Hillary/Wall Street correlation.

[FreakinDJ]

22. Yep - some thing Very WRONG for the 99%

[mcar]

17. ..

[Starry Messenger]

67. Ha! (Nt.)

[leftofcool]

3. I like it when my stocks go up. Make retirement easier. Thank you for pointing this out.

[FreakinDJ]

9. As long as its the 99% bearing the brunt of the cost -

[leftofcool]

14. You are not bearing the cost of my stocks

I bought them, paid for them as well as putting my own hard earned money in a 401K out of my own pay checks for years and years. I also put in my own retirement. So, stop complaining about those of us who have worked our asses off for what we have.

[FreakinDJ]

18. You need to share what you been smoking

as long as my tax dollars are used to prop up the casino style Wall St banks I'm subsidizing FAILed Wall St Stocks

And I guarantee you I have more money in the stock market then you do -

[leftofcool]

21. Then why are you complaining?

[FreakinDJ]

27. I got kids that need a CHANCE

Just a Fucking chance to have food on the table and a place to hang their hat called home

And lets not forget - in the Wealthy Elite's economy - We (the 99%) all work to the day we drop - No retirement, NOTHING

[leftofcool]

39. And our 4 kids needed a chance as well.

And they got that with parents who worked their asses off. Now, we have a bit more money we can also help our grand daughters and other people in our community. Just because some of us are now retired and have a bit of money set back doesn't mean we don't help others, give to charity, do charity work and just generally give back. You are assuming that people like us who have worked for 45 years haven't been where you are now.

[FreakinDJ]

43. Well I'm glad we do agree on some thing

Currently I'm supporting 2 kids in college, and the 1 boy who didn't want to go to college we helped to get into a house when prices were at the bottom and interest rates at historic lows. My house would have been paid off by now had I not chosen to do that for my kids.

Additionally we work with folks that have "isms", Alcoholism's, Substance abuse isms and have helped those willing to obtain a normal and productive life. So I don't know why you think I lack moral character for not supporting your choice - I simply don't agree its the best choice

[AOR]

64. "YOUR stocks and investments"...

under the capitalist modes of production are the result of the theft of labor of the many. The individualist right-wing libertarian talking points in your posts are laughable. Even more laughable are the attempts to pass it off as something resembling "the left."

The point is to understand how your very existence is tied to other workers in society and how YOUR economic situation is connected to and depends on other workers in society. Some will never get that though regardless of "working their ass off" for what they got. From the time one is born there is NOTHING in one's existence that doesn't depend on others or else one would not survive. Everything from that point on is dependent on what others have set in motion before you. If you are part of a society then you are dependent on other people and other workers in that society. The labor of many set in motion enables you to claim a status of "self-made." Under the capitalist modes of production and capitalist markets the surplus value of that collective labor is stolen to produce the profits that "YOUR stocks and investments" depend on.

[leftofcool]

65. More complaining from people who just can stand it that someone is retired

and trying to live decently well from hard work. But, hey, you keep on griping. Now that we are retired and have a little extra, we will keep on working with our various charities, and giving to the local orphanage and the food bank.

[AOR]

72. Fuck charity and the ruling class and elitist horse it rode in on...

Private charity of every kind is a sham and a fraud that absolves individualist social scabs from their collective responsibility in assuring social and economic justice for EVERY PERSON in society. In an actual just and equitable society, there would be no need for "philanthropists" spreading "their" wealth to the poor. In a just and equitable society, there would be no need for the "those more fortunate" to spread "their compassionate charity" to their "lessers." In a just an equitable society, "affordable" housing and "affordable" health care would not be the terms used for "equality." In a just and equitable society, the despicable practice of profits being extracted from treating human needs as a commodity would end. In a just and equitable society the labor of humanity would first provide for the human needs of food, water, shelter, clothing, health care, and education - at the very least - to all citizens without profit.

It's time for many to face the truth. Capitalism and its promoters are the problem. Social scabs of all political persuasions will risk nothing because individual success is the be all and end all of their existence and it's on display every day at various sites that supposedly support "left" ideas. Some will put on a righteous facade about how the care about income inequality and disparity - after all "they give to charity", the "less fortunate", and they are fighting for "more programs for the poor"- but in the end the bottom line is always preserving their own status and individual self-interests first and foremost. They will risk NOTHING for working class solidarity, better conditions for the poor, the homeless, the destitute, or anything else that has any impact on changing social conditions and inequality in this country or anywhere else if it affects their individual bottom line.

As a leftist acquaintance so aptly put it. Leftists are not interested in the pity, the charity, or the good works of "benevolent capitalist owners" and their sycophants operating under the guise of "aiding those less fortunate" and throwing some scraps to the "common rabble." Leftists are interested in working class and political power and controlling our own destiny, so there won't be any "less fortunate" and no great and privileged parasitic capitalist ruling class will ever need to pity the poor people again, because there won't be either.


" When I give food to the poor, they call me a saint. When I ask why the poor have no food, they call me a communist."

--the late Archbishop Dom Helder Camera

[reformist2]

73. OMG, that was an amazing tour de force!!!

In a faint echo of your words, in a just and equitable society, nobody would have to rely on someone else's pity just to survive. If the right to life in the declaration of independence means a damn, it means this.

[AOR]

74. The dogmatic adherence and promotion of the status quo and business as usual by many...

will unravel very quickly when the next capitalist crisis strikes... and it becomes crystal clear that the capitalist captains of the U.S. Titanic never had any intention of stocking the ship with lifeboats for anybody other than the small group of passengers on the upper deck. Cheers

[leftofcool]

79. Fuck charity, eh?

Shall I tell that to those little children at the orphanage whose mothers are in prison? Yea, we have one of those "fuck charity" orphanages in our local community. They run on donations and a shoestring budget. We, among others, take food, supplies, and money to them each month and extras when they call in desperate need of something. But, we are just capitalist pigs who don't care about a just and equitable society. Perhaps you could get out and do some charity work. It might make you hate people less.

[AOR]

87. You miss the point...

Charity is a band-aid that unhooks "a government of and for the people" from its direct responsibilities to societal injustice. Individual causes and efforts have ZERO effect whatsoever on political and systematic change. Using personal charity as a cover for defending capitalism and social and economic injustice is the work of the ruling class. That orphanages are "running on donations" and a "shoe-string budget" is precisely the problem that must be eliminated in a just society. "At least I am doing something to make things better" - without addressing the root causes - is a desperate and frantic attempt to maintain the illusion of business as usual.

Also...the "hatred" you perceive... is a caricature you have created in your mind to defend reactionary positions in regards to real societal change. In reality, the "hatred" is all yours. The hatred of having political impotency, mystical thinking, and cognitive dissonance challenged. Bashing and spewing vindictive emotion and vitriol towards anything that doesn't fit your personal lifestyle view of defending the status quo at all costs is perfectly fine in your mind. Heaven forbid that someone should utter one word that will cause certain people to feel even the slightest affront to their dedication to the status quo and there it comes -- "Why how dare you !!! Do you know who I am ?!!! You brute!!! After all I have done!!! Why, the intolerance and hatred!!! The anger!!! I am shocked!!! I am outraged!!!

The rank hypocrisy - from the staunch defenders of business as usual - is all quite amusing.

[Thinkingabout]

16. Without TARP the 99% would have had the brunt of the cost, DEPRESSION.

[FreakinDJ]

19. Yes and the infrastructure still needs to be fixed

So obviously the 99% will have to pay for that too

[Thinkingabout]

34. A personal attack? This does not change the facts.

[FreakinDJ]

41. What personal attack are you referring to (changing the subject ?)

Not that it doesn't sufficiently change the subject

Are you having trouble formulating a cognitive rebuttal?

I think the voters already have demonstrated sufficiently what they thought of TARP by handing the House and Senate over to Tea party Republicans. Are you sure you wish to stand on that position

[GoneFishin]

32. They are anyway. The recovery all went to the 1%. And when the same broken system that was

left unfixed by BO and other corporatists like Hillary throws up again any recovery afterward will also likely go to the 1%, disaster capitalism being all the rage and all.

[reformist2]

57. There was an alternative to TARP: they could have bailed out the people, instead of the banks.

The idea that it was TARP or nothing was the false choice the banksters and their lackeys in congress set up for us.

[treestar]

48. The 99% certainly includes the middle class people with retirement

plans and 401s. Mathematically they do not belong in the 1%.

This entire idea that "Wall Street" is ipso facto evil and expecting us, and the average voter to go along with it, is wrong. It is not Wall Street vs. us entirely. People work for companies and they invest. It's like investing in the economy is somehow wrong in itself. How far would Bernie get with that? Most voters don't have blind rage for "Wall Street" that we see here.

[FreakinDJ]

53. Actually they do invest - in China, Mexico, Malaysia ...

OFF Shore OFF Shore OFF Shore

My Gawd .... where do you live

Apple's offshore cash pile reaches $190B

http://appleinsider.com/articles/15/07/22/as-apples-offshore-cash-pile-reaches-190b-us-congress-moves-closer-to-multinational-tax-reform

another epic FAIL

[treestar]

85. Oh so there is no investment in the US whatsoever

and everyone who has a retirement plan in stocks is a 1%er who is investing only in other countries? Yeah, there is nothing happening here at all. And we can export nothing and should have no economic involvement with other countries.

As I said, your railing against Wall Street will not get votes from average voters. They will simply think Bernie is nuts

[FreakinDJ]

86. Wake up and smell the low paying service jobs

[Live and Learn]

63. Until they steal it again. Some people never learn. nt

[cantbeserious]

4. The 1% Serving The 1%

eom

[JaneyVee]

6. We're looking forward to a tanked stock market under President Sanders.

[FreakinDJ]

8. And more "Trickle Down Recovery" for the 99%

actually your analyses couldn't be any more inaccurate

[JaneyVee]

11. Only one candidate has a plan to reign in Wall Street.

Well, 2 if you count O'Malley.

[FreakinDJ]

12. Obviously thats why 1 candidate recieives so much money from Wall St CEOs

[GoneFishin]

38. Yes. Bernie or bust!

[leftofcool]

15. No shit!

[mmonk]

10. Yes.

Otherwise, the investor market is a sham. Usually, economic reporting and balance sheets determine market events along with international events that could mark a difference in economic or investment worth.

[NuclearDem]

23. Say it with me: Correlation does not, in fact, equal causation.

The stock market depends on a lot more than just one candidate's performance in the polls. Things like whether the Fed will raise interest rates or, say, the threat of a government shutdown have effects that drastic.

Clinton's poll numbers, on the other hand, are affected by Biden's poll numbers and her debate performance.

But whatever makes you feel happy.

[DemocratSinceBirth]

29. I have a question, sir...

Let me preface my remarks by saying I have no investments so my question is free of bias. Is it in the interest of anybody but short sellers and some hedge fund managers if the market goes down?

Thank you in advance.

[mmonk]

35. If it is temporary vs fundamental.

[NuclearDem]

37. The only people I can think of would be people who somehow believe Clinton's poll numbers

and market performance are somehow linked.

[DemocratSinceBirth]

42. A severe market decline would hurt us plebeians first and Wall Street last...

I really don't see how any sentient person, investor or not, would want to see the market go down.

[reformist2]

59. OK, but in order to prove causation, you have to have correlation. And do we ever have that!!

[NuclearDem]

60. ...

[Truprogressive85]

40. Oh

Must be nice if you own stocks and other investment vehicles or have a comfy retirement plan
The Banks and wealthy got TARP + QE
What did the middle and poor class get ?

What about the average American who doesn't own stock ?

-38 percent of all American workers made less than $20,000 last year.

-51 percent of all American workers made less than $30,000 last year.

https://www.ssa.gov/cgi-bin/netcomp.cgi?year=2014

[mmonk]

44. People should worry the most over lack of rules on investing these days.

When more were in place, the less volatility. Historical figures reinforce that. Now throw in new technologies that increase speed of transactions along with derivatives and swaps, investments are much more risky.

[treestar]

46. Is this a CT?

[SidDithers]

47. Since your timelines are different on the two charts...

the comparison is meaningless.

The DJIA uptick begins in the 3rd week of August.

The Hillary uptick begins almost a month later

Correlation doesnt' equal causation. And badlly attempted correlation certainly doesn't.

sid

[BootinUp]

52. All true, but badly attempted correlation is not meaningless

it definitely tells us something. lol.

[SidDithers]

54. Yup...

Sid

[Hoyt]

55. Could it be because EU stimulus, China cut interest rates, big tech companies

had better than expected earnings?

[FreakinDJ]

56. Sorry - Too much truth there - not allowed

We must fall in line here

[oasis]

58. Most Americans are pro growth. This includes voters.

I'll wait and see if Bernie employs misguided tactics to turn his numbers around.

[LettuceSea]

61. She's old money's best friend and new money's worst nightmare

Her wall street proposals from this summer were so Old Money Pro Baby Boomer...proposing to increase cap gains taxes for investments held under 7 years. So us younger folk who had the balls to buy into the market in 2009-11 and would like to take some profits would be punished.

It's becoming more clear why all these Baby Boomers like her...she will protect your kind while taking a shit on us younger generations.

[whatchamacallit]

66. LOL Enjoy

http://www.tylervigen.com/spurious-correlations

[reformist2]

69. Correlation is the beginning of inquiry: It's a clue there might be a connection...

[whatchamacallit]

70. Sure, whatever you say...

[Persondem]

68. If you are refering to the week ending 10-23 you are quite wrong

The Dow had better weeks from 1-30 to 2-5 and from 10-1 to 10-8. You might want to get your facts straight before making some poorly researched claim. OR be more specific.

Clinton earned her good week - Great debate performance and showing the GOP clowns on the Benghazi committee who's the boss. She also benefited from Biden saying no and 2 competitors dropping out of the race.

All of that has exactly nada to do with the Dow.

[Warren DeMontague]

71. This is a confusing argument, such as it is.

For one, the assertion that somehow the performance of the DJIA is tied to that of the Clinton Primary campaign is not just speculative, but pretty random.

Beyond that, do we now want the stock market to crash? I don't.

[reformist2]

81. No, but if we're going to break Wall Street's hold on our democracy, we're going to have to cope

with a down market, as the rats jump ship and scurry for safety...

[Warren DeMontague]

82. I think everybody does better when everybody does better, personally.

To wit, a strong and healthy middle class almost always translates to solid and broad based economic growth.

Boom and bust cycles, to the contrary, run on fumes and speculation.

[wyldwolf]

75. oh good! Let's hope my retirement account felt it.

[99Forever]

76. ....

[MrWendel]

77. Hmmmmm.....

[reformist2]

80. I like the one with the crazy hair, lol

[MrWendel]

84. I needed an excuse to use these. Found the right thread.

[RandySF]

78. ..

[Nye Bevan]

83. Yes, coincidence.

China cutting interest rates had nothing to do with Hillary's impressive week.