Is Republican majority good for the stock market?

Quote from buzzy2:



What democrats say or think is irrelevant, it's what Republicans do what matters in the next two years, they have the majority.
And, daniel_m yes, the democrats are more anti-deficit than republicans these days. This government received a surplus, not one year passed and we are now back in a deficit.
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yeah but they sure know how to pin the blame the other guy.
 
I know one thing is for sure. They control the government completely so if they FU, they are in some DS.

Too bad that housing / real-estate disaster, combined with JPM's constant lieing is going to toast all the repubicans.

See you on the flip side.
 
Quote from EliteThink:
It always amazes me how people will look at the size of government and think it is fixed so the only way to pay for it is to raise taxes. Government needs to be shrunk down and less intrusive as well as more efficient like the original architects intended
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Yeah right let's shrink the SEC until it disappears.
Nobody is proposing to raise taxes Elite, what we are discussing is: if it's a good decision to LOWER taxes in the current situation: higher expected spending due to war against terrorism.
Ask any old bond trader in Goldman Sachs if he likes Ray-gun. The eighties were so disastrous Goldman was on the brink of bankruptcy.
 
Quote from buzzy2:


Yeah right let's shrink the SEC until it disappears.
Nobody is proposing to raise taxes Elite, what we are discussing is: if it's a good decision to LOWER taxes in the current situation: higher expected spending due to war against terrorism.
Ask any old bond trader in Goldman Sachs if he likes Ray-gun. The eighties were so disastrous Goldman was on the brink of bankruptcy.
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well the thing is, Goldman was a private company back then... and they still, as they did back then only handle accounts minimum 10 million.
 
Without a doubt IMO but it takes several years of good fiscal policy to bear fruit. Like growing a garden as opposed to running to the convenience store for a bag of chips.:)
 
A republican (nee democrat) politician, doing what all politicians do best:
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PROPERTY OWNERS MAY TAKE $2B TAX POUNDING

Mayor Bloomberg is quietly floating a plan to raise property taxes by an eye-popping $2 billion - double the amount being considered just last month, The Post has learned.

Sources said the first phase of the property tax hike could be enacted as soon as Jan. 1 to help the city climb out of a financial abyss estimated at $5 billion to $6 billion next year.

"They're going to ask more than we're willing to do," said one member of the City Council, where the Bloomberg administration's $2 billion proposal has been discussed.

The council member said the level of increase - amounting to about a 20 percent rise - is certain to meet sharp resistance.

con'd:
http://www.nypost.com/news/regionalnews/50328.htm
 
That Bloomberg is something else. Everybody else is suffering in this economic environment but he thinks He doesn't have to. He's banning smoking because He doesn't like it, he insults the Italians by associating them with the mafia because He likes the "Suppranos", and now this. IMO he's an arrogant elitist, but I guess that's what the voters wanted. Cool thing about this country is that he can be voted out in a few years.
 
isn't he automatically capped to 2 terms anyway??

the tax is totally unfair, but i gotta say, though, it's nice being able to breathe in the NYC bars.
 
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