"The greatest risk to the market" is a democrat takeover of congress

[SoCalDem]

so sez "The Nightly Business report" on PBS :puke:

I about fell out of my chair when they said that..

They were discussing how the market could be "cushioned" to help ease the housing crunch..but that a change in congress could damage the market,.

Folks..the whole "market thing" is nothing more than a GAME... a bunch of rich old farts sitting around "deciding" who's gonna prosper, and who's getting the rug pulled out from under them..

I'm beginning to think that Vegas has better odds..and you have more fun there too :)

How DARE these guys manipulate the vote? and do it so blatantly :grr:

[Rex]

1. They're scared of a Dem takeover.

Afraid Dems will demand something we haven't seen in 6 years, accountability! They would hold the feet to the fire and make big business play fair. Something the working class desperately needs.

[rpannier]

2. As the WSJ reported in 2004

Historically the market does better under a Democratic President, then it does under a republikkan one.
In addition, since the 1930's every Democrat, except one, has left the WH with lower unemployment than when they entered the WH.
Only 1 republikkan can claim that.

[Richard Steele]

3. Despite the HISTORICAL FACT that "the market" does better under Dems!

Always has, as long as records have been kept.

[Ravy]

7. The market is rising at the prospect of a Dem takeover.

Much more plausable than "the tax cuts are *finally* kicking in".

Democrats should be playing up the market rise and educating the public.

[B Calm]

11. EXACTLY! The market has been slow for 6 long years.

[Sad4world]

4. Projection

This is just a common trick.
Blame your opponent for doing exactly what you have done.

The market will go down soon no matter who wins the elections because these criminals in office have ruined our economy by spending, spending, spending and stealing most of the spending. Then when the consequences of this malfeasance shows it ugly head, blame it on their opponent.

The market has been artificially propped up to keep these bums in office and very soon we will see another "Dot Com" correction.

The market has been turned into a ponzi scheme. Only the ones at the top benefit.

[Ravy]

5. The market is based on the future outlook...

If it looks like the interest rates are going up, the market takes a hit. If bad numbers are expected from the government-- housing figures, unemployment, etc. then the market takes a hit.

If good news is projected, the market rises.


Even the Republicans are projecting losing the house in practically every publication you can lay your hands on. What has the market been doing lately???

[sutz12]

8. Funny you should mention that...

I always thought that the uptick in the market at the end of Bush Sr's term was linked more to Clinton's rise in the polls. As it became more and more obvious that he would win, the market just kept on climbing. Once he took over and proposed a rational budget, it took off on the tech bubble.

[Ravy]

10. I am sure it was. Buying a stock is a bet that it will go up. (n/t)

[Systematic Chaos]

6. No matter what, housing - and by extension the markets - will crash.

But I guaran-effing-tee you that if the Dems are firmly in control of Congress in 2006, and then the White House in 2008, the scenario will be far better than if these pigs remain in power.

Read any sane predictions from the daily Stock Market Watch thread, completely discounting the more gold-buggy types like the Mogambo if you choose (although I personally think he's spot-on, and even if he trashes the Dems he is equally angry with this batch of cretins we have now), and the consensus is that at the very least we will enter one of the worst recessions in history before long. Question is, will there be productive government work and improvements programs in place to turn things around, or will it be the same laissez-faire, status quo types of policies which are destroying so many lives already?

And by the way, since Vegas has gone corporate the only place to even THINK about gambling is in the poker rooms. Every other game is so tight is squeaks. Take that for what it's worth as coming from somebody with ten years of experience behind the gaming tables. Oh, and this town is now one of the biggest cesspits in the western hemisphere. :)

[mmonk]

9. History shows it does better under democrats.

Most stock market shows are bull. Also, people vote republican because they buy into all the bull and think they'll get rich listening to imaginary economics and voting republican.

[radfringe]

12. OMG! WE'RE ALL GOING TO DIE AND BE IN THE POOR HOUSE!!!!

with all these FEAR pronouncements about how the world will end when the Dems take over - I would think the fundies would be flocking to vote Democratic since it will bring about the rapture that much sooner

if repubs are the only party that can save us, it reasonable to assume that the repubs in saving us are also delaying the rapture

[emanymton]

13. The "Market" Will Survive. Money Was Made Under Mao And Lennon.

Markets work no matter who is in charge. People are what is important. people are the first priority! Let the market take care of itself.

[B Calm]

14. Back when Clinton was President the market went into a decline

close to the end of his presidency. The market was nervous over the prospect of a republican president about to be sworn in.