With Berry the Socialist in office you could pick almost any stock, short it and make money. Down 1000 points since his anointment. And it has only been two days. It has a long long long way to go.
I was thinking about buying up all of GM, I got an extra 1000 in the bank, that should be more than enough
At least it will be easy to make money in the stock market now short everything can’t lose on that bet?
October 21, 2009 By 12 Comments
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I agree. Please read on:
Henry Lamb:
"Like Obama, some people really believe that when government redistributes wealth, "it’s good for everybody." They do not realize that wealth redistribution is no substitute for wealth creation. They are never taught that the only way to create wealth is for an individual to combine his energy and intellect with resources to produce a product that improves his life, or for which someone else is willing to pay. Private property, the accumulation of personal prosperity and individual achievement are anathema to socialism. Socialism sees the individual as nothing more than a cog in a government-run machine designed to ensure equity for all. Capitalism seeks prosperity; socialism seeks equity. Freedom increases as prosperity increases. In a socialist system, there can be neither."
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I’m not sure you can buy stocks short anymore, and if that’s what you really think, then go ahead and try. I’ll continue to buy companies that I believe in and expand my mutual fund holdings, and when the market rallies, I’ll find that I got a significant discount by buying when stocks were low.
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I was thinking about buying up all of GM, I got an extra 1000 in the bank, that should be more than enough
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Dow is down 5,000 in the past year under Bush.
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Hey pal, Obama isn’t in office yet!
Why are you so negative?
Get up and do something, rather than right statements on a Q&A website.
This website is for questions, not your little diary for all your insecurities.
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Hot dang..it may be over before it starts? by Januar 20. oh nine
we will see the *Messiah* ..he will tank and the country will tank and everyone will tank you
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Did the government lift the ban on short selling that they put in when Bush’s failed economic policies caused the market to crash? If not, your question is moot. If so, then go ahead and short them. The fiasco of Reaganomics and deregulation of the financial sector that Bush and McCain embraced hasn’t finished it race to the bottom yet.
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The stock market is so rocky that I do not want to touch it. I know myself that I have stopped spending discretionary money because of my feeling of impending doom.
I believe most consumers are feeling the same way which means more and more job losses perhaps in the millions before year end.
This Christmas will be for the children only. No adult gift exchanges either at work, with friends and family!
This is the New America!
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Hunkered down and watching videos from the local library as I watch fortunes decline rapidly.
American has bought whatever the rest of the world wanted to sell them and borrowed however much they could actually persuade the rest of the world to lend,
Now us outsiders have the upper hand (and the cash) to pretty much buy what we want. Our patience will pay dividends in both the short & long terms.
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Yeah we should have gone with Mccain. His plan would have been great. Oh that’s right how many times do we need to see trickle down economics fail before people realize they don’t work? Why is it morons like you think you know more about the economy than actual economists? The guy who just won the Nobel prize for economics said Mccains’ plan was a failure, and that Obama’s was the better choice (notice it isn’t the best choice). You must know more than him though.
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Oh, heck yeah. It’s not yet BEGUN to fall.
I think it won’t get nearly as low as people expect though before it rockets back up.
In "real value" it’s going to keep dropping but with hyperinflation the dollar numbers will go higher really fast.
Someone asked "Don’t you agree the DJ will probably reach 30,000 under Obama?" I said it would. A box of corn flakes will hyper-inflate to $30,000 and the Dow will be worth the same as a box of cereal.
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History is not classified information. Government schools just treat it that way.
Obama was elected, Bush has been in office since the financial crisis started. WAKE UP!!!
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