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Guest · Posted: Fri Oct 10, 2008 10:45 pm Post subject: Re: Wall Street Massacre???

On 10 Oct 2008 16:55:16 GMT, Michael Coburn <mikcob@verizon.net>
wrote:

[quote]I thank God everyday that I>m in a job that is pretty secure. However, I
think about these families and what ever I can do to help I will try
to do something.

You want to help? Go out into the neighborhood and talk to people and
tell them the truth. This is very similar to what happened in 1929 but
the result does not need to be anything like what happened then. It is
important that government be functional if we are to recover quickly from
this economic mess. That means that all Republicans must be removed from
government because they will do nothing but obstruct government as thast
is their holy grail. We are here because the Republicans put us here.
They are not ideologically capable of any beneficent government action
and everything they do will make the situation worse.
[/quote]

I encourage people to see these two movies:

Argentina Hope in Hard Times
http://www.bullfrogfilms.com/catalog/arg.html

The Take
http://www.thetake.org/

These show how communities can pull together and be better in hard
times - if they don>t let the economic interests put them at each
others' throats.

This may be the lesson we need for the next few years.

alexy · Guest

retrogrouch@comcast.net wrote:

[quote]On Fri, 10 Oct 2008 12:41:16 -0400, alexy <nospam@asbry.net> wrote:

It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time.

According to the article Vid has posted about a dozen times,
"An investor in the S & P 500 from 1929 through 1949 received an
inflation adjusted return of 4.54%."

What I said is correct.
[/quote]
Yes, but misleading. The article Vid posted was accurate. The writer
of that article understands that dividends are part of the return on
stocks.

--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.

ObKY20 · Guest

<retrogrouch@comcast.net> wrote in message
news:425ve4t4cstlnr03t7fmq10m7i5nqo88rh@4ax.com...
[quote]On 10 Oct 2008 16:55:16 GMT, Michael Coburn <mikcob@verizon.net
wrote:

I thank God everyday that I>m in a job that is pretty secure. However, I
think about these families and what ever I can do to help I will try
to do something.

You want to help? Go out into the neighborhood and talk to people and
tell them the truth. This is very similar to what happened in 1929 but
the result does not need to be anything like what happened then. It is
important that government be functional if we are to recover quickly from
this economic mess. That means that all Republicans must be removed from
government because they will do nothing but obstruct government as thast
is their holy grail. We are here because the Republicans put us here.
They are not ideologically capable of any beneficent government action
and everything they do will make the situation worse.

I encourage people to see these two movies:

Argentina Hope in Hard Times
http://www.bullfrogfilms.com/catalog/arg.html

The Take
http://www.thetake.org/

These show how communities can pull together and be better in hard
times - if they don>t let the economic interests put them at each
others' throats.

This may be the lesson we need for the next few years.
[/quote]

NEVER..EVER try to get one party completely out of office.
It>s called checks and balances folks.

There are bad Democrats and there are bad Republicans.

Get the BAD ones out, keep the good ones in.

If you have a Government comprised of 100% Democrats, eventually they would
run away with what they could and you would have an even worse problem than
we do today.
The same can be said for Republicans.

Very dangerous thinking to get rid of one major party from government.
That>s one step closer to socialism, and we aren>t that far away from it
now.

Guest

On Fri, 10 Oct 2008 13:49:57 -0400, alexy <nospam@asbry.net> wrote:

[quote]retrogrouch@comcast.net wrote:

On Fri, 10 Oct 2008 12:41:16 -0400, alexy <nospam@asbry.net> wrote:

It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time.

According to the article Vid has posted about a dozen times,
"An investor in the S & P 500 from 1929 through 1949 received an
inflation adjusted return of 4.54%."

What I said is correct.

Yes, but misleading. The article Vid posted was accurate. The writer
of that article understands that dividends are part of the return on
stocks.
[/quote]

The quote it, don>t characterize it. I>m not getting sucked into one
of your quibble fests. I leave that to Vid and trucker

Guest · Posted: Fri Oct 10, 2008 11:02 pm Post subject: Re: Wall Street Massacre???

On Fri, 10 Oct 2008 13:51:41 -0400, "ObKY20"
<ObKonOBee111@yahoomail.com> wrote:

[quote]

NEVER..EVER try to get one party completely out of office.
It>s called checks and balances folks.
[/quote]

LOL. That>s the fall back now.

It>s sort of like how the GOP is all about term limits when they>re
out of power, but not when they>re in.

alexy · Guest

retrogrouch@comcast.net wrote:

[quote]On Fri, 10 Oct 2008 13:49:57 -0400, alexy <nospam@asbry.net> wrote:

retrogrouch@comcast.net wrote:

On Fri, 10 Oct 2008 12:41:16 -0400, alexy <nospam@asbry.net> wrote:

It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time.

According to the article Vid has posted about a dozen times,
"An investor in the S & P 500 from 1929 through 1949 received an
inflation adjusted return of 4.54%."

What I said is correct.

Yes, but misleading. The article Vid posted was accurate. The writer
of that article understands that dividends are part of the return on
stocks.

The quote it, don>t characterize it. I>m not getting sucked into one
of your quibble fests. I leave that to Vid and trucker
[/quote]
See above, between the quotation marks. That>s a quote.
--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.

alexy · Guest

Video61@tcq.net wrote:

[quote]On Oct 10, 12:20 pm, retrogro...@comcast.net wrote:
On Fri, 10 Oct 2008 12:41:16 -0400, alexy <nos...@asbry.net> wrote:
It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time.

According to the article Vid has posted about a dozen times,
"An investor in the S & P 500 from 1929 through 1949 received an
inflation adjusted return of 4.54%."

What I said is correct.

and you were correct. the article plainly states that is what the dow
did.
As Retro said to me, "The[n] quote it, don>t characterize it."[/quote]
I just reread the article again on the off chance that you did know
what it said. (You didn>t.) Feel free to point out where you think it
says that, quoting what it says, not your characterization of what it
says.

[quote]p&c is choosing what the article says about the s&p, but the
article uses the s&p low return as a example of what long term
investing can really be.
Yes, and I have quoted above what it says about what the "S&P low[/quote]
return" was.

[quote]then it goes on to state that returns are
higher depending on when you get in.
Yep, a very good article about the volatility of the market.[/quote]

--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.

Lamont Cranston · Guest

retrogrouch@comcast.net wrote:
[quote]On Fri, 10 Oct 2008 09:35:02 -0700, "Lamont Cranston"
Lamont.Cranston@MeAndMy.com> wrote:

retrogrouch@comcast.net wrote:
On Fri, 10 Oct 2008 14:33:15 +0000, Stray Dog
sdog2008@sdf.lonestar.org> wrote:

Market seems to be back up to 8500 (at 10:35 am, as per
Wash Post).

But then Bush actually delivered his speech . . . and
by
noon it was
down 450.

Down 326 at 12:35. Every time Bush speaks, it triggers
another selloff. Bush is now a wooden decoy. He should
just pack his shit up and go to Crawford today. Why wait
until January 20?

In his speech today he says "We Can Solve This Crisis and
We Will".

I>m just trying figure out who "We" is.
[/quote]
The problem is that when he says "we," people naturally
assume that he will be part of the effort and, given his
track record, conclude that the effort will fail. He should
leave himself out of the solution because he is part of the
problem.

Lamont Cranston · Guest

James Of Tucson wrote:
[quote]On Oct 10, 7:14 am, Bert Hyman <b...@iphouse.com> wrote:

Where have you been reading this? Where are these tent
cities?

I don>t know of a metropolitan area that has been without
a
significant homeless population at any time in my memory.

Where I live right now the weather is so nice that they
don>t actually
need "tents."
[/quote]
Tucson can get quite cold in the winter. In December and
January, the normal low is 39 degrees. I wouldn>t want to
be trying to sleep on a park bench when it>s 39 degrees.

[quote]If you want to see tent cities, take the Amtrack from St
Louis to
Chicago. They are there, have always been there, and are
as
established as many suburbs![/quote]

alexy · Guest

Video61@tcq.net wrote:

[quote]On Oct 10, 1:26 pm, alexy <nos...@asbry.net> wrote:
Vide...@tcq.net wrote:
On Oct 10, 12:20 pm, retrogro...@comcast.net wrote:
On Fri, 10 Oct 2008 12:41:16 -0400, alexy <nos...@asbry.net> wrote:
It took the DOW from 1929 to 1955 to recover it>s precrash value.
Longer if you discount inflation over that time.

According to the article Vid has posted about a dozen times,
"An investor in the S & P 500 from 1929 through 1949 received an
inflation adjusted return of 4.54%."

What I said is correct.

and you were correct. the article plainly states that is what the dow
did.

As Retro said to me, "The[n] quote it, don>t characterize it."
I just reread the article again on the off chance that you did know
what it said. (You didn>t.) Feel free to point out where you think it
says that, quoting what it says, not your characterization of what it
says.

p&c is choosing what the article says about the s&p, but the
article uses the s&p low return as a example of what long term
investing can really be.

Yes, and I have quoted above what it says about what the "S&P low
return" was.

then it goes on to state that returns are
higher depending on when you get in.

Yep, a very good article about the volatility of the market.

the article is almost word for word what i have been saying to a
market apologist the last year or so.
No, it wasn>t, which is why you are unable to produce a quote from[/quote]
that article supporting your claim.

Now, switching articles, since the article we were talking about
clearly did NOT say what you claimed it said, this different article
says:

[quote] • After peaking in 1929, the Dow didn>t make a new all-time high
until 1957, nearly 30 years later.
[/quote]

Which is the point that Retro made, but which is very different from
the article that you are now running away from, which talked about
returns.

The funny thing is that the same overall message can be drawn from
either, but you allow your dogmatic ignorance to weaken your argument,
as forbisgary pointed out you were doing with your accounting
ignorance. Why not allow yourself to learn in order to make your
arguments more effectively?
--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.

alexy · Guest

Video61@tcq.net wrote:

[quote]he just did a good one again.
[/quote]
Do you mean when I pulled one of those tricky traps you can>t figure
out how to get out of (asking you what you meant when you wrote
something)?

Or are you referring to the recent exchange where you claimed an
article said something, I asked you to quote where it said that, and
when you didn>t but switched to another article, I pointed that out?

Yeah, that was a real good one!

--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.

Guest

On Oct 10, 4:10 pm, alexy <nos...@asbry.net> wrote:

[quote]
Now, switching articles, since the article we were talking about
clearly did NOT say what you claimed it said, this different article
says:

[/quote]
i am rubbing salt in your wounds. the article was just more reality.
i thought it would be a nice break for you, seeing experts on wall
street echo my points:)

Guest

On Oct 10, 5:00 pm, alexy <nos...@asbry.net> wrote:
[quote]Vide...@tcq.net wrote:
he just did a good one again.

Do you mean when I pulled one of those tricky traps you can>t figure
out how to get out of (asking you what you meant when you wrote
something)?

Or are you referring to the recent exchange where you claimed an
article said something, I asked you to quote where it said that, and
when you didn>t but switched to another article, I pointed that out?

Yeah, that was a real good one!

[/quote]

or, were you referring to when you told me that you could invest in a
fund that tracked the s&p 500, when none existed in the 1930>s? i am
still dazed and confused from that discussion.

[quote]--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.[/quote]

Bill B · Guest

On Oct 10, 6:50 am, "ObKY20" <ObKonOBee...@yahoomail.com> wrote:
[quote]"Stray Dog" <sdog2...@sdf.lonestar.org> wrote in message

news:Pine.NEB.4.64.0810101344110.12319@sdf.lonestar.org...

Just looked a minute ago.

Hold onto your 401ks? Man, they>re already gone!

Yes, hold on to them. People who hold on to their investments will benefit
in the long term.

[/quote]
Yes, but what is long term? 20 years? Longer?
I don>t have that many years left.

-Bill

[quote]

On Fri, 10 Oct 2008, Tab182 wrote:

Date: Fri, 10 Oct 2008 06:29:56 -0700 (PDT)
From: Tab182 <tabernacle2...@hotmail.com
Newsgroups: alt.politics.republican, alt.politics.economics,
talk.politics.misc, alt.impeach.bush, alt.politics
Subject: Wall Street Massacre???

Hold onto your 401K>s folks it maybe a nasty day on Wall Street as the
futures are now down 411 points!
Well one good thing about this Bushie Depression,

They had a chance to impeach the SOB long ago and what did they do? Sat on
their hands.

at least it is
getting gas prices to go down.

Cheaper gas ain>t gonna help if you ain>t got no job.[/quote]

Stray Dog · Guest

On Fri, 10 Oct 2008, alexy wrote:

[quote]Date: Fri, 10 Oct 2008 18:00:03 -0400
From: alexy <nospam@asbry.net
Newsgroups: alt.politics.republican, alt.politics.economics,
talk.politics.misc, alt.impeach.bush, alt.politics
Subject: Re: Stocks under 8,
000 right now (9:45 am) ..Re: Wall Street Massacre???

Video61@tcq.net wrote:

he just did a good one again.

Do you mean when I pulled one of those tricky traps you can>t figure
out how to get out of (asking you what you meant when you wrote
something)?

Or are you referring to the recent exchange where you claimed an
article said something, I asked you to quote where it said that, and
when you didn>t but switched to another article, I pointed that out?

Yeah, that was a real good one!
[/quote]
Um...how about when I do this to you and you just stay quiet, or you just
delete all the text where I was right about something?

[quote]--
Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.
[/quote]


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