Reuters poll of U.S. public: Dem "sweep" better for U.S. stocks

OldTrader · Nov 3, 2008

Quote from eminitrader007:

I don't know how you define Socialism, but the $700 billion rescue package seemed like socialism to me. The progressive tax rates that we have was implemented by Teddy Roosevelt who is McCain's hero. We provide student loans to people and that is a form of socialism too. Farm subsidies are another form of socialism that is championed by the Republicans.

We tried the Conservative method and are in this hole, it is time for a change. I'm not sure if the end result of this change wwill be better or worse but it is worth trying.

I thought you just said we tried socialism. Evidently what we found out is that socialism doesn't work. We also found out it didn't work in Russia, Germany, etc etc etc.

Now, where exactly did you see the "Conservative method"?

OldTrader

eminitrader007 · Nov 3, 2008

Quote from Ticketwatcher:

As a conservative, I resent your use of term conservative. There is a difference between Republican and conservative.

The national Republican ticket has for the last eight Presidential elections had boys named George Bush and Bob Dole on the ticket.

Those boys were by NO means conservative.

The lastest, Jorge Bush is NO conservative.

He went to bed with his drunken buddy Teddy Kennedy on No Child Left Behind, Prescription drugs, and Amnesty for illegals.

Jorge's fiscal policies were that of a drunken sailor.

Call that idiot Bush a Republican and his Gerald Ford lap boy Vice-President, Republicans, if you will, but they are NOT conservatives, and there are many places on the internet, where you can find conservative animus for Juan McCain greater than that for Jorge Bush and that is saying something.

Does that mean Reagan was a Republican and not a conservative. He increased taxes as a governor, ran huge deficits as a president and gave amnesty to the illegals.

Who is a conservative and what are you trying to conserve?

eminitrader007 · Nov 3, 2008

Quote from OldTrader:

................................

Now, where exactly did you see the "Conservative method"?

OldTrader

Every Republican talks about being a conservative, if they are not conservatives have they been lysing to us for the last 30 years?

ByLoSellHi · Nov 3, 2008

Yes, you equity bulls are right.

I can just feel the explosive earnings growth and consumer-led recovery as unemployment keeps climbing, banks keep failing, consumer and corporate loans keep shrinking, housing values keep plunging, retailers keep failing, auto sales are in free fall, and entire countries border defaulting....

We'll be back in full blown bull market mode in a matter of months.

Pa(b)st Prime · Nov 3, 2008

You're clueless as a TRADER. You should SELL when things look good you BUY when they look shitty.

There's TONS of better shorts than common stocks.....

Quote from ByLoSellHi:

Yes, you equity bulls are right.

I can just feel the explosive earnings growth and consumer-led recovery as unemployment keeps climbing, banks keep failing, consumer and corporate loans keep shrinking, housing values keep plunging, retailers keep failing, auto sales are in free fall, and entire countries border defaulting....

We'll be back in full blown bull market mode in a matter of months.

Mvic · Nov 3, 2008

Quote from eminitrader007:

We tried the Conservative method and are in this hole, it is time for a change. I'm not sure if the end result of this change wwill be better or worse but it is worth trying.

The conservative method? Really, Bush fiscally conservative, you could have fooled me.

If we just experienced the conservative method how do you explain the different result from the Reagan years? The closest we have had to a liberal method is Jimmy Carter, are you hoping for a repeat?

Mvic · Nov 3, 2008

Quote from Pa(b)st Prime:

You're clueless as a TRADER. You should SELL when things look good you BUY when they look shitty.

There's TONS of better shorts than common stocks.....

Considering the timing of some of Buylo's short calls earlier this year that is a bit harsh. Things were looking pretty great in 2005 and if you had shorted then you would have lost your shirt. Things looked pretty bad 2 months ago, going long then would have cost you dearly. These general and vauge adages make for nice pontifications but in terms of timing the market offer little of substance.

Pa(b)st Prime · Nov 4, 2008

Quote from Mvic:

Considering the timing of some of Buylo's short calls earlier this year that is a bit harsh. Things were looking pretty great in 2005 and if you had shorted then you would have lost your shirt. Things looked pretty bad 2 months ago, going long then would have cost you dearly. These general and vauge adages make for nice pontifications but in terms of timing the market offer little of substance.

I was a tad long overnight so the bear case bs was grating on me.

Flat at 991.

Now you can carry on as bears.

P.S. I WAS short much of 05-06. Wasn't fun......

Jayford · Nov 4, 2008

Quote from jamis359:

The majority probably have the right intuition on this. We just tried an 8-year experiment in supply side economics that failed, crashed and burned. The tax system tilted the playing field to infuse a huge amount of capital into big corporations and financial companies, on the theory they would invest downward and prosperity would trickle down from above. That didn't happen, instead the middle class got stagnant wages and chronic underemployment.

The crash and burn had nothing to do with supply side econ. It was artificial interest rates which led to ridiculous bubbles, and crazy unregulated derivative expansion.

The employment situation over the past two terms has been excellent by historic standards. Only the Tech Boom was probably better, and WW II of course.

Also, we were way over due for a recession, which contrary to popular belief, is not only beneficial, but necessary every so often (whenever inefficient excesses are created on a large scale). The current administration's efforts to avoid a recession made the inevitable arrival of such a recession much worse.

BTW, I am not a Republican conservative, but I am an economist. Keynesian econ as we will get can work, but you will see the budget deficit rise even quicker than under Bush and his wars.