Ace of Spades HQ

November 14, 2012

Stocks Down Another 1+%; NASDAQ's Cumulative Drop Since Mid-September Is 10.6%
— Ace

Stocks started the day in positive territory but quickly gave those gains up to hand the Dow its fifth decline in the six sessions since Election Day. The blue-chip measure has lost nearly 5% over that span.
The Nasdaq's decline, meantime, brought its slide to 10.6% off its mid-September high, putting the index in a correction according to generally-accepted definition of a fall of 10% or more from its recent peak. The Russell 2000 index of small-capitalization stocks suffered a similar fate, falling 2% to 11% below its mid-September high.

A correction itself, this here article says, isn't a big deal itself and doesn't forecast a recession. But when losses exceed 10% in a relatively short period of time we might be looking at a crash.

Posted by: Ace at 12:59 PM | Comments (238)
Post contains 153 words, total size 1 kb.

1 FOREWARD!

Posted by: cajun carrot at November 14, 2012 01:01 PM (UZQM8)

2 Thats weird!

Posted by: Pelosi at November 14, 2012 01:01 PM (2t6Gz)

Who could have seen this coming?

Posted by: Warden at November 14, 2012 01:01 PM (bguPD)

4 Obama to the Dow Jones: "Come at me, bro!"

Posted by: Warden at November 14, 2012 01:01 PM (bguPD)

5 Every indicator I have in front of me says BOOOSH.

Posted by: cajun carrot at November 14, 2012 01:01 PM (UZQM8)

6 Only rich people own stock.

Posted by: Cal-Pens retiree at November 14, 2012 01:02 PM (4pSIn)

7 Unexpected!

Posted by: dantesed at November 14, 2012 01:02 PM (se6KE)

8 I really want to see this month's job report

Posted by: The Dude at November 14, 2012 01:03 PM (tw6Ar)

Me, I just bought 1 month's worth of dehydrated food, plus 41 pounds of dried beans.

Next? More bullets. After that? Probably an AK-47.

Happy depression, everyone! Hope the free birth control was worth it!

Posted by: Warden at November 14, 2012 01:03 PM (bguPD)

10 Tenth!

Posted by: Tim the Enchanter at November 14, 2012 01:04 PM (izA2D)

11 Anyone have a clue what this means for housing prices? Especially in Texas.

Posted by: Stephen Price Blair at November 14, 2012 01:04 PM (QF8uk)

12 Time for.....Oh shit, they already did Q-infinity. Now what?

Posted by: Meremortal at November 14, 2012 01:04 PM (1Y+hH)

13 http://tinyurl.com/cmaqqpk McLame calls a ? the Dumbest ? I have ever heard

Posted by: Evilpens at November 14, 2012 01:04 PM (ck76k)

14 was it unexpected?

Posted by: mallfly at November 14, 2012 01:04 PM (bJm7W)

15 But when losses exceed 10% in a relatively short period of time we might be looking at a crash.

Or a short squeeze by the biggies who are happy to capitalize on emotional trading.

Posted by: weft cut-loop [/i] [/b] at November 14, 2012 01:04 PM (uoA/0)

16 I wish all those who voted for free birth control would use it. On themselves. Retroactively, ex utero.

Posted by: J.J. Sefton at November 14, 2012 01:05 PM (vCK/R)

17 O/T KT McFarland on The Five, putting the smack-down on Preznit Pissypants.

Annnnd......there's Beckel defending Obama defending Susan Rice.

Burn this muthafucka down.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:05 PM (UOM48)

18 So let me get this straight ...

A) I can lock in a lower capital gains tax rate right now, but only if I sell
B) Selling pressure in a market leads to falling prices
C) Prices have been falling since November 6th

Nope. Nothing to see here.

Posted by: Andy at November 14, 2012 01:05 PM (5Rurq)

19 one percenters!!!1!!!1!eleventy

Posted by: uterus cannon at November 14, 2012 01:06 PM (3ZtZW)

20 Muchos gracias, Obama votantes!

Posted by: weew at November 14, 2012 01:06 PM (ElfHn)

21 Well nobody could have predicted this. Maybe Jon will be along soon to tell us we are overreacting.

Posted by: Adam at November 14, 2012 01:06 PM (/YJYi)

22 This Dow Jones guy sounds pretty racist.

Posted by: Chris Matthews at November 14, 2012 01:07 PM (2jQGY)

23 tough shit bitches... I won.... I've got a mandate to raise yo' taxes

Posted by: Barky SCOAMF at November 14, 2012 01:07 PM (Mrdk1)

24 ..So much easier to go over a cliff, if you weigh practically nothing, you can almost glide...

Posted by: DowJones at November 14, 2012 01:07 PM (WR5xI)

>>> ex utero.

You rang?

Posted by: uterus cannon at November 14, 2012 01:07 PM (3ZtZW)

26 Burn this muthafucka down.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 05:05 PM (UOM4

It's burnin' babe, it's burnin...

Meanwhile the Weebees think it's all good.

Weebee good, weebee fine....

Weebee down in the welfare line...

Posted by: Meremortal at November 14, 2012 01:07 PM (1Y+hH)

27 Not One Single Small Business Owner was included in Barky's bidness meeting today.

Yesterday, union goons and thugs, today CEOs of major corporations.

Folks like my husband? Nada.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:07 PM (UOM48)

28 Raise cap gains, people get out before the hit. Dumping lowers price.

Posted by: zsasz at November 14, 2012 01:07 PM (ma+gB)

29 Damn youtube video.

Posted by: Administration at November 14, 2012 01:07 PM (2t6Gz)

30 My friends, with all due respect, I most definately did not say you have nothing to fear from an Obama second term. That is why I spent so much time campaigning on behalf of my good friend Mitt Romney.

Posted by: John McCain at November 14, 2012 01:08 PM (qwK3S)

31 I'll be glad when the Texas stock-market is set up.

Posted by: Dr Spank at November 14, 2012 01:08 PM (b+jI9)

32 ♫Happy days are here again!♫

Posted by: MikeTheMoose is Shrugging at November 14, 2012 01:08 PM (0q2P7)

33 24 ..So much easier to go over a cliff, if you weigh practically nothing, you can almost glide... Posted by: DowJones at November 14, 2012 05:07 PM (WR5xI) Death is as light as a feather... Said the Japanese kamikaze pilots.

Posted by: J.J. Sefton at November 14, 2012 01:08 PM (vCK/R)

34 ♪ La la la la la la la la la la ♪

Posted by: Olaf with fingers in his ears at November 14, 2012 01:08 PM (5iuEW)

35 Beckel getting in KT's grill.

This will not go well.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:08 PM (UOM48)

Amazing how W. can still cause recessions, 46 months out of office!

Posted by: buzz at November 14, 2012 01:09 PM (i27M5)

37 Good thing I've got my IRA in high risk without panic mode enabled.

I'll be working till I'm 83 or dead. Good.

Posted by: © Sponge at November 14, 2012 01:09 PM (UK9cE)

38 >> So much easier to go over a cliff, if you weigh practically nothing, you can almost glide

We all glide down here

Posted by: Pennywise at November 14, 2012 01:09 PM (5Rurq)

39 I hope someone is keep track of the Cleveland Obamaphone slug. We definitely need weekly updates from her about the economy and shit.

Posted by: J.J. Sefton at November 14, 2012 01:09 PM (vCK/R)

40 Booooooossssssshhhhhhhhhb

Posted by: Dick Nixon at November 14, 2012 01:09 PM (5M+pt)

"Time for.....Oh shit, they already did Q-infinity. Now what?"

Q-infinity +1

Duh.

Posted by: Helicopter Ben at November 14, 2012 01:09 PM (uD2fR)

But... but... Warren Buffett says everything is going to be FINE!!!

Posted by: Warden at November 14, 2012 01:09 PM (bguPD)

43 relax all we need to do is demagogue the tax issue and we'll only go over "half the cliff"

Posted by: soothsayer at November 14, 2012 01:10 PM (v8xyR)

44 Cavuto said earlier, "I feel like we're sinking and we haven't hit the iceberg yet."

Embrace the suck, Neal. Burn It Down.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:10 PM (UOM48)

45 The stock market is still going down after November 6th? I think I am going to fall over and die from complete lack of surprise. But before I do, I think I'll buy another couple thousand shares of DXD or TZA like I did at the opening bell on Nov 7th.

Posted by: Killface at November 14, 2012 01:10 PM (dr0xf)

46 FORE~~WARD~~!!!!!!!
Posted by: cajun carrot at November 14, 2012 05:01 PM (UZQM

Corrected for ME!!!!

Posted by: Barky O'ChoomWagon at November 14, 2012 01:10 PM (UK9cE)

47 Dig up Mr President, dig up!

Posted by: Dr Spank at November 14, 2012 01:10 PM (b+jI9)

48 QE - leventy!!!! And down we dive.

Posted by: J.J. Sefton at November 14, 2012 01:11 PM (vCK/R)

49 Dear Lord, someone please wrap Beckel in bacon and drop him in the Hindu Kush.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:11 PM (UOM48)

50 These lower prices help the profits to earnings ratio.

Posted by: Barack at November 14, 2012 01:11 PM (5Rurq)

51 Is there anyone that still wants one of my free Government phones? Two? No problemo... I'm about to tax that 1% [above 200K] and raise other taxes too, and regulate and regulate and appoint and czarulate and the press will lick my boots cause I won and my shit don't stink ... no sir... mad at me bro? Come at me!

Posted by: Barky SCOAMF at November 14, 2012 01:11 PM (Mrdk1)

52 Meh, buy on the dips.

Posted by: SFGoth at November 14, 2012 01:12 PM (dZ756)

53 And the libtards laugh at all the rich people losing money, not realizing if the rich no longer have monies then they no longer can pay for their free handouts. Irony. It's what's for dinner.

Posted by: Christina Hendricks's Mighty Jugs Supports the Secession of All Red States at November 14, 2012 01:12 PM (fzIJm)

54 OT - The Wounded Warrior Project can eat shit: http://tinyurl.com/awvhfme

Posted by: Witchfinder at November 14, 2012 01:12 PM (pLTLS)

55 I better still be getting my Bama-fo!

Posted by: Obama Voter at November 14, 2012 01:12 PM (5iuEW)

56 Forward!

Posted by: logprof at November 14, 2012 01:13 PM (jKE+Z)

57 mob rule us so....uncomfortable

Posted by: runner at November 14, 2012 01:13 PM (WR5xI)

58 I don't understand, why don't these companies just spend more on profits? Won't their stock go up then?

Posted by: Barack Obama, financial guru at November 14, 2012 01:13 PM (dr0xf)

59 C'mon Ace.

Everyone knows this setback is because of EUROPE. It has NOTHING to do with the current US election and debt status. No way.

Posted by: © Sponge at November 14, 2012 01:13 PM (UK9cE)

Fuck it all. Let it burn.

Republicans will get no credit for any can kicking or "grand bargain" compromise which will only delay the inevitable reckoning. Don't believe me? Click on my name.

Posted by: 47% of the American Voting Public at November 14, 2012 01:13 PM (ZETiK)

61 The Dow was down about 50 points then someone had a press conference. Must have been Bush

Posted by: TheQuietMan at November 14, 2012 01:13 PM (1Jaio)

62 Ben will take care of the stock market. Or else.

Posted by: hannitys_hybrid at November 14, 2012 01:14 PM (zpqa2)

63 @55... Wounded Warrior... WTF?? Anti-gun?? wow.

Posted by: Yip at November 14, 2012 01:14 PM (Mrdk1)

64 Husband said his libtard idiot siblings are already pre-blaming Republicans for whatever befalls the country.

Let. It. Burn.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:14 PM (UOM48)

65 Meh, buy on the dips.

The stock market hasn't recovered to the inflation-adjusted value it had in 1997.

The only reason to get into the U.S. stock market is that it's still probably safer than anything else.

Well, excluding booze and bullets.

Posted by: Meiczyslaw at November 14, 2012 01:15 PM (4+LTj)

66 when will they boot Beckel off the five? He is an absolute drunken hack

Posted by: kawfytawk at November 14, 2012 01:15 PM (JWLqy)

67 When will the ATM's get blamed? After all, they are the evil Republican cousins of the wonderful electronic voting machines which are Democrat.

Posted by: J.J. Sefton at November 14, 2012 01:15 PM (vCK/R)

68 How long before we get the, "The fundamentals of our economy are sound" speech?

Posted by: Meremortal at November 14, 2012 01:15 PM (1Y+hH)

69 when will they boot Beckel off the five? He is an absolute drunken hack

I think he shares his booze.

Posted by: Meiczyslaw at November 14, 2012 01:16 PM (4+LTj)

70 OT - The Wounded Warrior Project can eat shit: http://tinyurl.com/awvhfme
Posted by: Witchfinder

That really sucks. I guess it really is true that all large non-profits eventually drift leftward.

Posted by: weft cut-loop [/i] [/b] at November 14, 2012 01:16 PM (uoA/0)

71 I want to be like William Devane!!! Land, hammocks, flying his prop plane, and gooooold.

Posted by: sgr at November 14, 2012 01:16 PM (xa5GW)

72 Who cares about Wall Street? TFG's all about Main Street now, baby! *looks at stock portfolio and sobs*

Posted by: jakeman at November 14, 2012 01:16 PM (96M6e)

73 Of course this is expected, people with money taking $ out of stock market now to pay cap gain tax at 2012 rates. It's very simple. In stock market in September 2008, IBD said that people with money were taking theirs out then because of expected O win and hiis promises to hike capital gains taxes on election trail. I wish I had printed that one out, I can't find it on there website now. O/T- I like The Five enough, but love KT McFarland! She kicks ass!

Posted by: CarolT at November 14, 2012 01:16 PM (z4WKX)

74 67 when will they boot Beckel off the five? He is an absolute drunken hack

Yeah, Blob Beckel trying to "school" KT McFarland is pitiful.

I'm waiting for the day one of the women shoves a six-inch heel through his skull.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:17 PM (UOM48)

75 I wonder if John McAfee is hiring down in Belize.

Posted by: GnuBreed at November 14, 2012 01:17 PM (ccXZP)

76 Sponge: the best part of that, ironically, is that Europe was holding back *because* of the US Elections ..

Posted by: dantealiegri at November 14, 2012 01:17 PM (HXWlL)

77 FB is funny my eyes must be deceiving me -- FB's trading volume is 220 Million shares?!?

Posted by: soothsayer at November 14, 2012 01:17 PM (v8xyR)

78 66 The only reason to get into the U.S. stock market is that it's still probably safer than anything else. Well, excluding booze and bullets. Posted by: Meiczyslaw at November 14, 2012 05:15 PM (4+LTj) This is what I'm afraid of. Europeans will dump there money here, buy property on the cheap, etc., since it is safer than anywhere else, for the time being. It will give an artificial boost to the economy and SCOAMF will be portrayed as a genius and get credit. PUKE.

Posted by: J.J. Sefton at November 14, 2012 01:17 PM (vCK/R)

79 I've been out for a long time and looking enviously at those that went long at 9K. But, I've been able to sleep at night.

Posted by: toby928© for TB at November 14, 2012 01:17 PM (evdj2)

80 Texas still in major lead of 50 States requesting to percevere and overcome... 101,381.... !! Awesome. How long before the Feds data mine the info and everyone who signed gets a FREE government audit! yeah!

Posted by: Yip at November 14, 2012 01:17 PM (Mrdk1)

81 It dropped about 350 the day after the election. A week out and there still isn't a correlation. Hmm.

Posted by: NCKate at November 14, 2012 01:18 PM (MsQkt)

82 "I'm waiting for the day one of the women shoves a six-inch heel through his skull."

It moved.

Posted by: hannitys_hybrid at November 14, 2012 01:18 PM (zpqa2)

67when will they boot Beckel off the five? He is an absolute drunken hack-------

Are you implying that's a bad thing?

Posted by: Diane Slawyer at November 14, 2012 01:18 PM (boaYm)

84 You can sense the skittishness, and not just amongst us crazy right wingers. Amongst people with a lot of skin in the game.

Posted by: Dave S. at November 14, 2012 01:18 PM (/BwGa)

Remain Calm!

We have Turbo-Tax Timmy and The Bernank on the job!

Posted by: ronnie raygun at November 14, 2012 01:18 PM (VDovR)

86 Oceans, stock prices, whatever. Ayers and his nautical shit...

Posted by: Baraka Obama at November 14, 2012 01:18 PM (FcR7P)

87 Oh, get ready. It's already beginning. The upcoming and predictable crash is somehow the fault of Republicans who won't pass a tax hike that will not make a dent in the debt...but will deepen the recession.

It's. Just. Not. His. Fault. Yall.

Posted by: sgr at November 14, 2012 01:18 PM (xa5GW)

88 The Dow was down about 50 points then someone had a press conference

and if you would have hit the "sell short" button at your brokerage account website the instant you heard the words "make sure the rich pay their fair share", you would have made out pretty handsomely.

Posted by: Barack Obama, financial guru at November 14, 2012 01:18 PM (dr0xf)

89 Why is Ben Stiller's face on Greg Gutfeld's book?

Posted by: John the Libertarian at November 14, 2012 01:18 PM (oshol)

90 ♪ Because if my eyes don't deceive me There's something going wrong around here

Posted by: soothsayer at November 14, 2012 01:18 PM (v8xyR)

91 Dickel speaks with the voice of authority. Drunken, drugged up authority.

Posted by: huerfano at November 14, 2012 01:18 PM (bAGA/)

92 Beckel would make an excellent replacement for Jay Carney.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:19 PM (UOM48)

93 Why is Ben Stiller's face on Greg Gutfeld's book?

Posted by: John the Libertarian at November 14, 2012 05:18 PM (oshol)

BLUE STEEL, BABY! BLUE STEEL

Posted by: The Dude at November 14, 2012 01:19 PM (tw6Ar)

94 Fucking Europe.

Posted by: MFM at November 14, 2012 01:19 PM (evdj2)

95 kawfyhawk -- exactly. Beckel could be endured pre-election, now he must be SMOD'ed. I invested thru all kinds of shit markets since about 1997, and actually enjoyed the benefits of the Obama pseudo-bounce from 2009, but Roberts upholding Obamacare made me pull out.

Posted by: Big Fat Meanie at November 14, 2012 01:20 PM (Ec6wH)

96 And again, I'm led to wonder how many congresscritters have gotten "preferential treatment" in getting out in front of industries they know they're gonna whack.

Posted by: jakeman at November 14, 2012 01:20 PM (96M6e)

97 The only reason to get into the U.S. stock market is that it's still probably safer than anything else. Well, excluding booze and bullets. Posted by: Meiczyslaw at November 14, 2012 05:15 PM (4+LTj) ----- http://youtu.be/qsMc-IswG3w?t=11s

Posted by: Water At Night Investments, Inc. at November 14, 2012 01:20 PM (BgIBZ)

98 Jill Kelley: I'm an honorary consul general.

LOL

KT McFarland just lost it.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:20 PM (UOM48)

99 Said the Japanese kamikaze pilots.

Posted by: J.J. Sefton at November 14, 2012 05:08 PM (vCK/R)

------------------------------------------------

It's that fraction of a second before that's the mind-fuck.

Posted by: Zombie kamikaze pilots at November 14, 2012 01:20 PM (b0Lxi)

100 I blame congressional republicans and their tea party radicals who won't compromise with our great president. / how anyone with a brain cell can say that is beyond me, but I've seen it.

Posted by: Mr pink at November 14, 2012 01:21 PM (YF2x7)

101

@ 65 Everyone knows it is Bush's fault!

Posted by: ronnie raygun at November 14, 2012 01:21 PM (VDovR)

102 I'm going to go out on a limb here, and say I suspect Jill Kelley's hooters are....enhanced.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:21 PM (UOM48)

103 As an alternative to the Wounded Warrior Project, consider Soldiers Angels, especially their Project Valor IT campaign. It supplies laptops to hospitalized personnel.

Posted by: Retread at November 14, 2012 01:22 PM (zxitI)

104 The private sector is doin' just fine, thank ya.

Posted by: BHO, Carbon Mono King at November 14, 2012 01:22 PM (rzTDZ)

105 NEW YORK (AP) -- Stocks are finishing the day down sharply as investors worry about the "fiscal cliff."

Investors didn't draw much hope from a news conference by President Barack Obama. He wants Congress to extend expiring tax cuts immediately for all but the highest income earners.

Investors are racist

Taxes are set to go up for almost all Americans on Jan. 1, the same day sharp cuts to government spending begin to take effect. The combination could send the country back into recession.

Back into a recession? You mean the last one ended

Posted by: TheQuietMan at November 14, 2012 01:23 PM (1Jaio)

106 103 jane D'oh,

erm....what?

sorry was distracted...how ya doin'?

No seriously I wonder how many people funny monied up the market?

Posted by: sven10077 at November 14, 2012 01:23 PM (LRFds)

107 Gird your loins. Obama is literally going to drive this economy off the cliff. Literally.

Posted by: Joe "Plastics!" Biden at November 14, 2012 01:23 PM (vjyZP)

108 "I'm going to go out on a limb here, and say I suspect Jill Kelley's hooters are....enhanced."

I hope that's not on a need-to-know basis.

Posted by: hannitys_hybrid at November 14, 2012 01:23 PM (zpqa2)

109 Meh, buy on the dips.

Well I think you will find a lot of entry points between now and december.

Add to that losing position! Dollar-cost averaging! That strategy can best be analogized as "Oh no, my boat is sinking! I know, I'll drill a hole to let the water out!"

Posted by: Killface at November 14, 2012 01:23 PM (dr0xf)

110 103 I second that enhancement and raise you a well documented nose job as well.

Posted by: NCKate at November 14, 2012 01:24 PM (MsQkt)

111 49 JJ Sefton,

Yeah QEleventy's pop was about 1/2d as effective as QE 1....can't wait until dumbasses start bitching for QE to be SOP....

Posted by: sven10077 at November 14, 2012 01:24 PM (LRFds)

112 Liz Claman/Fox Business giggled nervously as she watched stocks slide during/after her boyfriend's presser. One of the floor traders said Obama doesn't have a mandate she abruptly cut him off and said he'd obviously had way too much Red Bull today.

Posted by: concrete girl at November 14, 2012 01:24 PM (y2Ojs)

113 I second that enhancement and raise you a well documented nose job as well.

Posted by: NCKate at November 14, 2012 05:24 PM (MsQkt)

Double or nothing.

Posted by: Jill Kelley's Twin Sister at November 14, 2012 01:25 PM (Zs83Q)

114 I wouldn't make a big deal about it. Bill Clinton told us only over two months ago that we'd be imminently feeling recovery, and he's a square guy. It's not like the Dow's a forward indicator.

Posted by: BuddyPC at November 14, 2012 01:25 PM (jfUIE)

115 Sister looks rough. Rougher.

Posted by: NCKate at November 14, 2012 01:26 PM (MsQkt)

116 It would be cool if they put QE's and debt limit raises on autopilot, based to how much the Dow drops and how close we get to the spending limit.

Would save a lot of time and weeping.

Posted by: hannitys_hybrid at November 14, 2012 01:26 PM (zpqa2)

117 111 I could see the nose but have not been able to find enough cleavage in any of her pics to evaluate 103's claim. The sidebar pic suggests they have some perk but results are inconcusive :/

Posted by: Not Ready To Unsock at November 14, 2012 01:27 PM (BgIBZ)

118

>>Well I think you will find a lot of entry points between now and december 2016.

Posted by: garrett at November 14, 2012 01:27 PM (WnY+k)

119 Texas still in major lead of 50 States requesting to percevere and overcome... 101,381.... !! Awesome. How long before the Feds data mine the info and everyone who signed gets a FREE government audit! yeah!

Posted by: Yip at November 14, 2012 05:17 PM (Mrdk1)

-------------------------------------------------

That's kind of what Beck's take was yesterday. People who signed a WH. gov petition on a DC website have just given Dear Leader the names of those who wish to overthrow him and his regime. And it's not even a formal document.

Posted by: Zombie kamikaze pilots at November 14, 2012 01:27 PM (b0Lxi)

120 Eric on The Five said Jill Kelley's base pass was revoked two hours ago.

Posted by: Jane D'oh says Let It Burn at November 14, 2012 01:27 PM (UOM48)

121 "Everyone knows this setback is because of EUROPE. It has NOTHING to do with the current US election and debt status. No way. Posted by: Â© Sponge at November 14, 2012 05:13 PM"

Oh yeah. The next time I hear ABC Radio News cite "Wall Street's concerns" over a bunch of smelly takers gathering in the streets of Athens I'm going to go postal.

Posted by: eureka! a LIBer at November 14, 2012 01:27 PM (UL+ny)

122

@ 115

Exactly. It's not like Bill Clinton is a pathological liar or something. Oh wait, ...shit...

Posted by: ronnie raygun at November 14, 2012 01:28 PM (VDovR)

123 DooDadPro wants to secede.

Posted by: toby928© for TB at November 14, 2012 01:28 PM (evdj2)

124 Come to think of it, this might be a good burnage strategy that the Left would sign on to, unknowingly: Tie all their bogus financial measures together in an automatic adjustment process. Then wait for the boom.

This is essentially what they do now, just manually. It's not efficient in terms of hastening the burn.

Posted by: hannitys_hybrid at November 14, 2012 01:28 PM (zpqa2)

125 Dumbass Japanese sock off

Posted by: Soona at November 14, 2012 01:29 PM (b0Lxi)

126 Just converted all my money into birth control pills, the currency of the future.

Posted by: Concern Troll at November 14, 2012 01:29 PM (4KOF2)

127 Stock Market? Who needs it? I'm back in power.

Posted by: Nancy Pillowsy, the 143 yr old everyone Moron wants at November 14, 2012 01:29 PM (O/Mo3)

128 Good. I want people to get what they voted for. Most of my money is in gold which seems to have decoupled itself from stock recently.

Posted by: doug at November 14, 2012 01:29 PM (uIGjr)

129 Forward! or was it fore-warned? Good grief the SCOAMF Pt. II, electric boogaloo, is already driving me nuts...i think the sequel is a lot worse than the original.

Posted by: fark, farkety, fark fark fark at November 14, 2012 01:29 PM (bT79U)

130
If the Dow drops another 354 points it will back were it started at the beginning of the year.

Posted by: YIKES! at November 14, 2012 01:30 PM (1PE/J)

131 120 ZKP,

Yup...

bide your time, and if after serious reflection your heart is tugged that way organize better.

Bill Ayers is a wealthy man well regarded by our kids' teachers and he openly lobbied to kill 25 million of us.

I am not gonna accept that Barry is "morality cop" but he is "top law enforcer"...

har har

Posted by: sven10077 at November 14, 2012 01:30 PM (LRFds)

132 PRNT MOAR DOLARS !

Posted by: Let It Burn-anke at November 14, 2012 01:31 PM (EZl54)

133

@ 129

Yep. Own it bitches!

Posted by: ronnie raygun at November 14, 2012 01:31 PM (VDovR)

134 @127

good thinking. Unfortunately since I was sure Romney was going to win, most of my money is tied up in tampons now.

Posted by: Typical single woman under age 30 at November 14, 2012 01:31 PM (dr0xf)

135 64 - It's unbelievable. Especially considering all the wounded warriors I know are avid shooters.

Posted by: Witchfinder at November 14, 2012 01:31 PM (pLTLS)

136

There should be a thirty to fifty per cent drop in the stock market from here. We'll get a few bounces on the way down, and it might take some time to play out...or not.

Personally, I'm betting on hyperinflation (preceded by a hard deflationary scenario),with a possible World War, which will precede, follow or happen during a possible civil war. Prepare for the worst, hope for the best, and all that...

Nationally and globally, we're not going to learn our lessons until we have our faces shoved in it. Hard. The problem is, we've done it all to ourselves.

Posted by: Warren Bonesteel at November 14, 2012 01:31 PM (WwR1j)

137 103 I also think both women have had something done to their necks/spines that causes them to be unable to pose for photographs without craning to one side. Odd. Very odd.

Posted by: NCKate at November 14, 2012 01:31 PM (MsQkt)

138 New palate cleanser thread.

Posted by: toby928© for TB at November 14, 2012 01:31 PM (evdj2)

139 127 concern troll,

since bitch Fluke seems to think they are a 3000 buck per annum expense charge at least that much in poon or val-u-rite

Posted by: sven10077 at November 14, 2012 01:31 PM (LRFds)

140

@ 134

Or as the Chinese proverb says: Be careful what you wish for, because you might just get it.

Posted by: ronnie raygun at November 14, 2012 01:32 PM (VDovR)

141 131
If the Dow drops another 354 points it will back were it started at the beginning of the year.

Obama II...A new beginning.

Posted by: Bruce at November 14, 2012 01:32 PM (h/h0n)

142 you won't be needing a stock market pretty soon, buddy....

Posted by: barakaCareDeathPanelss at November 14, 2012 01:32 PM (WR5xI)

143 124 Toby 928th,

So does Guif Eae and Mick E Maus

Posted by: sven10077 at November 14, 2012 01:32 PM (LRFds)

144 You people can have cake. I'M having lobser at your expense. Foolish serfs.

Posted by: Queen Michelle at November 14, 2012 01:32 PM (ypzqs)

145 Go long on brass.

Posted by: toby928© for TB at November 14, 2012 01:32 PM (evdj2)

146 I want to be like William Devane!!! --- Devane's Sec. Heller makes Jack Bauer seem like a fucking pansy.

Posted by: Brandon In Baton Rouge at November 14, 2012 01:33 PM (e0xKF)

147 Just think. In another 20-30 years we'll be in one of Dear Leader's death warehouses and laughing about the present times.

Posted by: Soona at November 14, 2012 01:33 PM (b0Lxi)

148 Posted by: concrete girl at November 14, 2012 05:24 PM (y2Ojs) Great Tits & nothing else

Posted by: Evilpens at November 14, 2012 01:33 PM (ck76k)

149

Unpresidented!

Posted by: Citizen Anachronda at November 14, 2012 01:34 PM (FzhYM)

150 Or as the Chinese proverb says: Be careful what you wish for, because you might just get it.

Posted by: ronnie raygun at November 14, 2012 05:32 PM (VDovR)

... in bed

Posted by: Yip at November 14, 2012 01:35 PM (Mrdk1)

151 Stocks are going to be slip sliding and the economy in general is going to be tanking as the full impact of all of the shit that was hidden in Obamacare fully hits in a few weeks.

Couple that with the expiration of the "Bush" tax cuts, sequestration, and 1.6 Trillion in new taxes, I will bet GDP will contract 15% by the summer and unemployment will be above 10%.

Posted by: General Woundwort at November 14, 2012 01:36 PM (RrD4h)

152 "Peanuts. Hotdogs. Shit sandwiches. Get 'em while they are hot."

"I'll take a hotdog."

"Sorry, pal. I'm all out of those. I'm out of peanuts too."

"It's going to be a looong four years, ain't it?"

Posted by: GnuBreed at November 14, 2012 01:37 PM (ccXZP)

153 Hope and change in your mouths, bitches.

Posted by: Barack Obama at November 14, 2012 01:37 PM (IQdEJ)

154 What would happen if all 50 states seceded?

Posted by: weew at November 14, 2012 01:38 PM (ElfHn)

155 My position on abortions has evolved. I now support aborting any fetus up to and including the 78th trimester. Once you're off your parents' health insurance you are an actual person and can no longer be aborted.

Posted by: Killface at November 14, 2012 01:38 PM (dr0xf)

156 From Drudge :
SEBELIUS SUBPOENAED OVER LOBBYING FOR OBAMACARE...

repeat after me...."Mistakes were made"...

Posted by: T. Hunter - let it burn at November 14, 2012 01:39 PM (EZl54)

157 155 weew,

the Chinese would be very pissed off and very confused...

hahahaha

Posted by: sven10077 at November 14, 2012 01:39 PM (LRFds)

158 The question I have is how long do I have before interest rates skyrocket?

Gotta move out of Milwaukee County (soon to follow the Detroit deathspin) and I don't want to suddenly be paying huge rates on my mortgage...

Plus added advantage of moving one county north (Ozaukee) is:

2. Lower property taxes = more money available for guns/ammo.

Posted by: H Badger at November 14, 2012 01:39 PM (n/0Nw)

159 What would happen if all 50 states seceded?

Posted by: weew at November 14, 2012 05:38 PM (ElfHn)

That will still leave me with 7 states including D.C.

Posted by: SCOAMF at November 14, 2012 01:40 PM (1PE/J)

160 160 SCOAMF,

and Confusion, envy, dread, terror, euphoria, anxiety, recession with DC are the most powerful force on Earth...

Posted by: sven10077 at November 14, 2012 01:42 PM (LRFds)

161

Obama promised to halve the deficit in his 1st term. That should be what the GOP proposes. Give him his tax increases and then get to half the deficit w/spending cuts and remind everyone that was HIS promise last time.

When he declines, vote present--give him everything he wants and let him take the blame.

So many smart ways to play this. But the GOP won't. It's like rooting for the Browns.

Posted by: Warden at November 14, 2012 01:42 PM (bguPD)

162 7 left.... bwahahahaaa... wait... 8 with Puerto Rico now, right?

Posted by: Yip at November 14, 2012 01:42 PM (Mrdk1)

163 People are probably also selling because of the obvious voter fraud that no one in the the GOP seems to care about, indicating that nothing will ever change, so you may as well start buying canned food and gold coins with your disposable income.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 01:44 PM (QxSug)

164 I pulled out today. (She wasn't very happy). The market was higher in 2000 than today.

Posted by: Valiant at November 14, 2012 01:45 PM (aFxlY)

165 so you may as well start buying canned food and gold coins with your disposable income. Posted by: joeindc44 says choom on fuckers at November 14, 2012 05:44 PM (QxSug) heh disposable income heh

Posted by: Merovign, Dark Lord of the Sith at November 14, 2012 01:46 PM (bxiXv)

166 unemployment will be above 10%. --- The only reason it's not there is that so many people have exited the job market.

Posted by: Brandon In Baton Rouge at November 14, 2012 01:46 PM (e0xKF)

167 left.... bwahahahaaa... wait... 8 with Puerto Rico now, right?

Posted by: Yip at November 14, 2012 05:42 PM (Mrdk1)

---------------------------------------

I've wondered about that statement a few times. What if it wasn't a gaffe. What if it was an underhanded statement of his overall purpose.

Under Dear Leader, what would those extra seven states be?

Cuba?

Venezuela?

Argentina?

Mexico?

Those are the ones I can think of right now.

Posted by: Soona at November 14, 2012 01:48 PM (b0Lxi)

168 heh disposable income heh *** yeah, I peed myself when writing that. But if you're a union thug earning six figures to do nothing, you may be in a position to prepare for the doom of your own creating. Sort of like in the parable of the scorpion and the frog, the scorpion had a life preserver on the whole time.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 01:48 PM (QxSug)

169 and then, come the downfall, we eat the union thugs because they have all the money

Posted by: joeindc44 says choom on fuckers at November 14, 2012 01:48 PM (QxSug)

170

@135

Forget it, Jake. It's Bartertown.

Posted by: Concern Troll at November 14, 2012 01:49 PM (4KOF2)

171 so you may as well start buying canned food and gold coins with your disposable income.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 05:44 PM (QxSug)

I'd rather spend the money on guns and ammo. I'm sure some of my liberal neighbors have canned food.

Posted by: Hollowpoint at November 14, 2012 01:51 PM (SY2Kh)

172 and then, come the downfall, we eat the union thugs because they have all the money

Posted by: joeindc44 says choom on fuckers at November 14, 2012 05:48 PM (QxSug)

------------------------------------------

I don't know. I've heard they're greasy and gamey when they're cooked.

Posted by: Soona at November 14, 2012 01:51 PM (b0Lxi)

173 I'd rather spend the money on guns and ammo. I'm sure some of my liberal neighbors have canned food. --- It's utter chaos here. In fact, we're advising our clients to invest in canned foods and shotguns.

Posted by: Brain Gremlin at November 14, 2012 01:52 PM (e0xKF)

174 Progress!

Posted by: Mirror-Universe Mitt Romney at November 14, 2012 01:53 PM (uvzjj)

175 I'm sure even without signing a secession petition Obama and his thugs have all kinds of information on people who don't support him.

Posted by: FenelonSpoke at November 14, 2012 01:54 PM (T8WRP)

176

Horseshit.... thie ALL boils down to the stalemate on Capital Gains Taxes.

People are taking money out of the market BEFORE the new rates hit... and BEFORE the 3.8% Obamacare Tax on 'unearned income' hits...

Capital gains, IS unearned income folks...

Wow... Large Real Estate Rental areas? Rents are GOING UP.... if they make more than 200K in Rent a year???

Posted by: Romeo13 at November 14, 2012 01:54 PM (lZBBB)

177 I was annoyed to discover that membership in a union gets you preferential treatment on home mortgages. You don't have to be a member yourself, just having a family member in a union can get you a deal. They're a class that needs less help than a lot of the rest of us but SCOAMF likes them so the banks fall in line, I guess. Bad as the lapdog media.

Posted by: Retread at November 14, 2012 01:55 PM (zxitI)

178 I don't need more ammo, I need more minions.

Posted by: toby928© for TB at November 14, 2012 01:56 PM (evdj2)

179

Hmmm... just hit me...

I'm going to have to proove both my kids have health insurance? because they are under 26? How the hell do I do that with my US Navy active duty Son?

Posted by: Romeo13 at November 14, 2012 01:56 PM (lZBBB)

180 @178 I understand the union thugs are also exempt from Obamacare. That's one thing I heart about obamacare, its idiocy will be its downfall. From it being poorly written, leaving it up to the states to implement it to the number of waivers that were purchased to get it passed, there will still be a strong private option that will be around to take up the slack once we repeal it in 2014.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 01:57 PM (QxSug)

181 At least we'll be able to liquidate the Kulaks!

Posted by: Comrade Obama at November 14, 2012 01:57 PM (XvHmy)

182 Happy days are here again. The skies above are clear again. Happy days are here again.

Posted by: Call Me Ishmael at November 14, 2012 01:57 PM (p4U6S)

183 Big deal. So what if a few Dead White Male Capitalist Republican Fat Cats lose some of "their" money. Who does that really hurt, anyway? And after all, isn't it all for a good cause? (Socialism in One Country.) (Or perhaps Socialism in general.)

Posted by: Mirror-Universe Mitt Romney at November 14, 2012 01:58 PM (uvzjj)

184 177 Romeo 13,

Unearned income is the gasoline for the economy.

Hell Mitt should have said "look I was already taxed once on the money you want I think to double or triple tax it Barry?'

but he didn't...because I think Mitt is too nice to pick on special needs presdients.

Posted by: sven10077 at November 14, 2012 01:58 PM (LRFds)

185 Afflict the Comfortable! http://bit.ly/TICwet

Posted by: Comrade Reich at November 14, 2012 01:58 PM (XvHmy)

186 184 Mirror Universe mitt Romney,

Rocket Sled monkey for the win!

Need a hired gun?

Posted by: sven10077 at November 14, 2012 01:59 PM (LRFds)

187 I've signed all the state petitions at whitehouse.gov. I say, F-'em if they can't take some freakin criticism. Screw the libtards. I'm not scared of this chickenshit administration. The libtard MSM will make a big deal of it if the protest numbers get over a million nationwide.. and I bet the numbers get large enough some weenies in the government decided to delete it all... or start removing signatures to keep the numbers down.. no? Until then.... sign all that shit

Posted by: Yip at November 14, 2012 01:59 PM (Mrdk1)

188 No, but seriously, this makes sense.

Posted by: Mirror-Universe Mitt Romney at November 14, 2012 01:59 PM (uvzjj)

189 Forget William Devane.

Based on this morning's thread, I want to be William Holden.

Posted by: The Q at November 14, 2012 01:59 PM (IgwTl)

190 Thanks, Witchfinder #55 re O/T Wounded Warriors. Called the 'rents & brother - their charity $ will go elsewhere going forward.

Posted by: Jaymie at November 14, 2012 02:00 PM (ThYlc)

191 178 Retread,

there's an easy answer to that...Unions make up 9-15% of the average state's electorate...

the Long march requires going nuts and showingb they are a 1% as well...

burn it burn it all

Posted by: sven10077 at November 14, 2012 02:00 PM (LRFds)

192 I don't buy that this whole bearishness is a result of the fiscal cliff. The FC was there before 11/6 but somehow on 11/7, it then becomes the sole reason for the almost daily triple digit losses? Right - people are selling IMO because they now know that Obama's policies will be anti-business for the next 48 mos. which will then be reflected in quarterly expectations. O-care alone will cost businesses billions in fees/fines/taxes and compliance costs. That's why the DOW is dropping - not because of the FC.

Posted by: volfan at November 14, 2012 02:01 PM (RTb48)

193 burn it all.... bring on the SMOD!... or the zombies apocalypse.. you know.. democrats..

Posted by: Yip at November 14, 2012 02:01 PM (Mrdk1)

194 189 MUMR,

Yup but watch the market will be gunshy for about 2 quarters minimum after a deal....and I DO NOT WANT A DEAL!

HAHAHAHAHAHA the nation is over I am every bit the American the left is now.

Posted by: sven10077 at November 14, 2012 02:01 PM (LRFds)

195 "187 184 Mirror Universe mitt Romney, Rocket Sled monkey for the win! Need a hired gun? Posted by: sven10077 at November 14, 2012 05:59 PM (LRFds) " Depends. Is the Rocket-Sled Monkey included?

Posted by: Mirror-Universe Mitt Romney at November 14, 2012 02:02 PM (uvzjj)

196 If Mitt had said "look I was already taxed once on the money you want I think to double or triple tax it Barry?' Don't you think that Crowly was ready for that too?

Posted by: joeindc44 says choom on fuckers at November 14, 2012 02:03 PM (QxSug)

197 192 sven10077, I'm coming round to the Let. It. Burn. sentiment.

Posted by: Retread at November 14, 2012 02:04 PM (zxitI)

198 196 MUMR,

Mirror I *am* the rocket Sled monkey my secret is out...

197 JoeInDC,

The bitch would have thrown herself on Mitt like a GI in a WW2 flick on a greade...

"Barry watch OUT!"

BOOM!

Posted by: sven10077 at November 14, 2012 02:05 PM (LRFds)

199 198 Retread,

I fear this cycle was our last chance to try to defuse the bomb...so embrace it and blow the fuckers to hell and rebuild.

long march it in.

Posted by: sven10077 at November 14, 2012 02:06 PM (LRFds)

200 yeah, the tax question is one Mitt should've knocked out the park but no, we can't have clean articulate republicans defend things that normal, stupid republicans can defend without hesitation.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 02:08 PM (QxSug)

201 oh yeah, Romney could've gone to the left on Obama on domestic surveillance...like why Obama not only kept Patriot Act but also NDAA? grr. issues boy, issues.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 02:09 PM (QxSug)

202 201 JoeInDC,

Joe the people know these things given how high market participation has gotten...they simply did not want to know...

Posted by: sven10077 at November 14, 2012 02:10 PM (LRFds)

203 hence why we should've made obamaphone lady the face of Obama's last 4 years.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 02:11 PM (QxSug)

204 I'm sure even without signing a secession petition Obama and his thugs have all kinds of information on people who don't support him.

Posted by: FenelonSpoke at November 14, 2012 05:54 PM (T8WRP)

------------------------------------------------

I have a feeling they moniter AoSHQ closely.

Posted by: Soona at November 14, 2012 02:11 PM (b0Lxi)

205 Hey, everybody deserves a second chance, not just union members!

Those who gubmint bailed out after they spent their equity on Cadillacs now being supported by FHA on new mortgages.

http://tinyurl.com/b5ept2n

Posted by: PJ at November 14, 2012 02:11 PM (ZWaLo)

206 my hindsight recrimination against GOP is that Romney relying on being Romney was not enough. I know that Romney can fight and that he can also, apparently, chose discretion as the better part of valor. He should've gone after Obama for everything Obama is or was or will be. But that's hindsight. FWIW keys to win 1. Defend W 2. Point out that "failed policies of the past," and "we tried it their way," are stupid stupid, ignorant statements. 3. do you want to be obamaphone lady or working again. 4. point out O's scandals.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 02:14 PM (QxSug)

207 205 Soona,

it's why i know between that and OpenSecrets when he goes hard i'm fucked.

Posted by: sven10077 at November 14, 2012 02:14 PM (LRFds)

208 207 JoeInDC,

yeah I agree...if we get another Presidential election...and i am not sure I am joking.

Posted by: sven10077 at November 14, 2012 02:15 PM (LRFds)

209 I miss my once great country and my once spectacular financial prospects.

Posted by: MostlyRight at November 14, 2012 02:16 PM (w9AQ4)

210 Another way that DNC can out left or out right the GOP, some GOP voters are stroking it to secession and are being mocked by DNC. But DNC embraces LaRaza. At this point, we should just give back the land gained from Mexican War back. Or just give it away. Annie C's new column admits as much as Romney out scored white voters better than Reagan in 1984 but....America's 1984 is no longer. And I was alive in 1984, it was cool. sigh.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 02:21 PM (QxSug)

211 it's why i know between that and OpenSecrets when he goes hard i'm fucked.

Posted by: sven10077 at November 14, 2012 06:14 PM (LRFds)

---------------------------------------------

I think the re-education camps might be enjoyable. You know, kind of a nice break from work.

Posted by: Soona at November 14, 2012 02:31 PM (1QB1c)

212 212 soona,

no joke did you read Gulag Archipelago?

The Tsar had siberian prisoners living at a spa basically, Stalin had other plans for the camps.

Posted by: sven10077 at November 14, 2012 02:35 PM (LRFds)

213 211 JoeinDC,

I'm on board....

fuck it abolish INS and encourage Mexican secession...

it is "noble" or must be the Donks don;t get punished for pretending to want it right?

I want my sister in law to die a mexican.

Posted by: sven10077 at November 14, 2012 02:36 PM (LRFds)

214 9 Me, I just bought 1 month's worth of dehydrated food, plus 41 pounds of dried beans. Next? More bullets. After that? Probably an AK-47. Happy depression, everyone! Hope the free birth control was worth it! Umm... you probably ought to reconsider your order of priority. Wait around very long and that AK will be a dream. I picked up a HD shottie and 2 spare mags for my 1911 over the weekend.

Posted by: sdavis at November 14, 2012 02:37 PM (njVMI)

215 A Hi-Point carbine or Kel-tec SU-16 is not a bad weapon...

you want scroungable ammo....

9mm and 5.56 are plentiful....

anyway 50 pounds of rice, 40 pounds of dehydrated beans, water filter, some sterno, 40 gallons of gasoline with Stabil or rotated....

fuck it let 'em burn

Posted by: sven10077 at November 14, 2012 02:38 PM (LRFds)

216 I picked up a HD shottie and 2 spare mags for my 1911 over the weekend.

Posted by: sdavis at November 14, 2012 06:37 PM (njVMI)

--------------------------------------------

Gun show in OKC this weekend. Looking for a shortened 12ga. double-barrel and spare mags for my Springfield auto and mini-14.

Question. Are there any good mags for the mini-14 (that actually fit and work) besides the manufacturer's mags?

Posted by: Soona at November 14, 2012 02:41 PM (1QB1c)

217 Party of Stupid or Party of Shit? So we won independents everywhere but NC in a record minority vote election with the Apostle Barack on the ticket. So by all means lets lock in that partisan breakdown with amnesty. 2008 and 2012 were both anomalies as Obama s the anomaly. Obama! We can replicate his campaign his media his outreach but the thing we can't overcome is the expansion of HIS voting blocs. Make no mistake about it they turned out for him not for the Democratic Party. Check out the Hot Air Greenroom breakdown if the independent vote then tell me we have lost everything again.

Posted by: Exasperated Expat at November 14, 2012 02:42 PM (gkfSV)

218 then we shoulda put ghey shit on obama's shoulders so that our new meso - saharan american overlords wouldn't be so enamored with him

Posted by: joeindc44 says choom on fuckers at November 14, 2012 02:46 PM (QxSug)

219 217 soona,

I am not fluent in Ruger at all....

sorry

Posted by: sven10077 at November 14, 2012 02:51 PM (LRFds)

220 The crazy thing is, Obama expected a recovery. His bullshit about how we're in a recovery already was only supposed to be temporary, to tide him over until the real recovery started. He just expected the economy would recover, because it always has in the past. Then he expects to get credit for the recovery. Newsflash: the economy always recovered when we didn't have a president stepping on its neck.

Posted by: Daryl Herbert at November 14, 2012 02:54 PM (8pxhh)

221 If it goes down more, under a Dem president, it is a 'necessary and beneficial correction of valuation', not a crash. Get with the lingo, wingnuts.

Posted by: Gabriel Syme at November 14, 2012 02:56 PM (3zT/d)

222 We Are All Californians Now

Posted by: kbdabear at November 14, 2012 02:57 PM (wwsoB)

223 221 DH,

No I don't think so....

he does not care he wants us to break up but he wants to control the impact.

I am deciding whether he needs beat to the punch.

Posted by: sven10077 at November 14, 2012 02:57 PM (LRFds)

224 222 GS,

Correct and if what a normal would say is "dear God long term" we'll call it "a legacy correction to sustainable growth rates of valuation"....

trust me they get hard ons from lying.

Posted by: sven10077 at November 14, 2012 02:58 PM (LRFds)

225 221 has a point. The only time that we did not get a recovery was in with FDR...who coincidentally enough, Obama based his policies on.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 02:59 PM (QxSug)

226 and more GOP recriminations. It turns out, thanks to gaypatriot that Romney's personality hurt him, or the negative perceptions thereof. Romney paradoxically should have gone more negative and spent more time bragging about his charity and shit.

Posted by: joeindc44 says choom on fuckers at November 14, 2012 03:00 PM (QxSug)

227 The question about layoffs is ....

Are they announcing them after the election because the SCOAMF's win ensures continued and increasing pain?

Or did they agree to hold off on layoff announcements until after the elections like those Defense contractors did?

Posted by: kbdabear at November 14, 2012 03:04 PM (wwsoB)

228

@225:

Awesome: Envisioning two progs later in life: "Ooh, I remember the good old days, when President Obama orchestrated the legacy correction of the market and brought it more in line with sustainable social norms of justice, all the way from 13,000 on the DJIA up to 5,000. Good times!"

Posted by: Gabriel Syme at November 14, 2012 03:04 PM (3zT/d)

229 yeah, remember when obama, through the Fed, devalued the currency so as to double the value of the stock market? We twice as rich but gas tripled in price. weird, huh?

Posted by: joeindc44 says choom on fuckers at November 14, 2012 03:06 PM (QxSug)

230 229 GS,

and they are the fuckers who report our news.

Posted by: sven10077 at November 14, 2012 03:06 PM (LRFds)

231 Millions of poor people could afford less! Just like thousand of rich people! See, those rightwing nutjobs were wrong, I tell you! Clearly Obama did MORE for the poor!

Posted by: Gabriel Syme at November 14, 2012 03:08 PM (3zT/d)

232 Letting It Burn

Posted by: Dow Jones ( whose still mad that his mom named him Dow at November 14, 2012 03:15 PM (Cibtj)

233 Right now is the time for us to collectively go Galt. Kick them when they are down and just make the whole thing crash and burn.

Posted by: southdakotaboy at November 14, 2012 03:41 PM (ZIWkB)

234 Well it's definitely a market correction, it's not yet a bear market. But there is real nothing supporting the downside right now. The question becomes how much will the market give back, in addition to what it already has.

Posted by: Esau's Message at November 14, 2012 03:57 PM (6c62F)

235 Obama pulled every trick in the book to put off all of the worst effects of his BS until after the election. It is after the election now. He has never been good at thinking about anything but how to meet his immediate needs.

I took every penny I had out of the market the day after the election. You can't "protest invest" or disinvest but I did feel good about it when I did it. I told my broker if this is what the US is then it can go on without me.

There really isn't anywhere to put your money anyway. That's why so many old people have had to go back to work and displace younger people. There is no place they can get a good enough return on their money to live off a lifetime of savings. That is one consequence of an easy money policy like we have now. We will be fortunate if we can avoid the lost decades the Japanese have experienced.

Posted by: Voluble at November 14, 2012 04:20 PM (qYvEa)

236 BURN MOTHER FUCKER BURN!!

Posted by: Mr. Moo Moo at November 14, 2012 04:49 PM (0kZ2I)

237 Crash? No problem. See, that will only affect the loathsome rich white Republicans. There will be plenty of magical rainbow money (and free cell phones) left for Holy Barack (PBUH) to distribute equally among the Truly Deserving.*

* i.e., anyone who isn't a Republican.

Posted by: ellyk at November 14, 2012 06:40 PM (FNGba)

238 Obama to the American economy: "BURN BITCH BURN!"

Posted by: Josef at November 15, 2012 06:21 AM (8Fnj4)

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