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News & Current Events Discuss Dow jumps more than 100 points to break above 27,000 for the first time ever at the General Forum; https://www.cnbc.com/2019/07/11/stoc...-rate-cut.html US MARKETS Dow jumps more than 100 points to break above 27,000 for the first time ever PUBLISHED THU, ...

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Old 07-11-2019, 11:16 AM
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Default Dow jumps more than 100 points to break above 27,000 for the first time ever

https://www.cnbc.com/2019/07/11/stoc...-rate-cut.html

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US MARKETS

Dow jumps more than 100 points to break above 27,000 for the first time ever

PUBLISHED THU, JUL 11 2019 3:04 AM EDTUPDATED 8 MIN AGO

And STILL the Trump haters will hate Trump, they want him gone so the economy will plummet and.
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Old 07-11-2019, 12:04 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

The top 1% that own almost all of the stocks listed on the DOW are making a ton of money. No doubt about that. Of course the bottom 50% are still living paycheck to paycheck with most of them requiring welfare assistance just to survive.

Why people get so excited about millionaires and billionaires making more money than the can ever spend on the stock market while the average person doesn't even own stock amazes me. Why to people care so much about the wealthy and care so little about average working Americans?
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Old 07-11-2019, 12:31 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

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Originally Posted by ShivaTD View Post
The top 1% that own almost all of the stocks listed on the DOW are making a ton of money. No doubt about that. Of course the bottom 50% are still living paycheck to paycheck with most of them requiring welfare assistance just to survive.

Why people get so excited about millionaires and billionaires making more money than the can ever spend on the stock market while the average person doesn't even own stock amazes me. Why to people care so much about the wealthy and care so little about average working Americans?
Yet more stupidity from out local lefty that completely ignores that most people's retirement savings are invested in that same stock market. When the stock market did well under Obama, I never saw this argument.
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Old 07-11-2019, 01:04 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

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Originally Posted by GetAClue View Post
Yet more stupidity from out local lefty that completely ignores that most people's retirement savings are invested in that same stock market. When the stock market did well under Obama, I never saw this argument.
And you won't with the next Dem president either...

Under a Democrat president, 3 out of 10 do well, economically, and 7 suffer...The press will interview the 3 doing well, pretend the 7 suffering don't exist, and yell that the economy is gangbusters...

Under a Republican president, 3 out of 10 suffer, economically, and 7 do well...The press will interview the 3 that suffer, pretend the 7 doing well don't exist, and yell that the economy is in the toilet...

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Old 07-11-2019, 01:46 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

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Originally Posted by ShivaTD View Post
The top 1% that own almost all of the stocks listed on the DOW are making a ton of money. No doubt about that. Of course the bottom 50% are still living paycheck to paycheck with most of them requiring welfare assistance just to survive.

Why people get so excited about millionaires and billionaires making more money than the can ever spend on the stock market while the average person doesn't even own stock amazes me. Why to people care so much about the wealthy and care so little about average working Americans?
Where is the evidence that the "top 1%" own almost all stocks? Over half of American families are invested in the stock market. No surprise the wealthiest own more.

These same wealthy people pay an outsized portion of individual Federal income taxes. Dividend payments are double taxed as are capital gains from the sale of stocks purchased with funds net of taxes.

Shares of stock are used to compensate employees without emptying cash accounts. Bill Gates and Sam Walton along with thousands of other employees became wealthy not from their salaries but from their shares of company stock.

But hey, I want to be rich and I am not so let's ban together to get the government to strip the rich of assets and give me a share. I deserve it.
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Old 07-11-2019, 02:02 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

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Originally Posted by ShivaTD View Post
The top 1% that own almost all of the stocks listed on the DOW are making a ton of money. No doubt about that. Of course the bottom 50% are still living paycheck to paycheck with most of them requiring welfare assistance just to survive.

Why people get so excited about millionaires and billionaires making more money than the can ever spend on the stock market while the average person doesn't even own stock amazes me. Why to people care so much about the wealthy and care so little about average working Americans?
Lol, got proof? Of course you don't.

I'm sorry you don't have a 401K but millions of us do.

It's the Left that "care so little about average working Americans", that is obvious by how bad they want to see Trump gone, the guy who has improved our economy AND AS SUCH improved "average working Americans" lives.

Your hatred of middle america is so transparent.
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Old 07-11-2019, 06:40 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

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Originally Posted by CindyB View Post
https://www.cnbc.com/2019/07/11/stoc...-rate-cut.html



And STILL the Trump haters will hate Trump, they want him gone so the economy will plummet and.
yep the banksters were pretty wel stoked. didn't do sht for the rest of us though.
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Old 07-11-2019, 06:43 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

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Originally Posted by GetAClue View Post
Yet more stupidity from out local lefty that completely ignores that most people's retirement savings are invested in that same stock market. When the stock market did well under Obama, I never saw this argument.
oh yes you did if you had ears and eyes
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Old 07-11-2019, 06:45 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

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Originally Posted by cnredd View Post
And you won't with the next Dem president either...

Under a Democrat president, 3 out of 10 do well, economically, and 7 suffer...The press will interview the 3 doing well, pretend the 7 suffering don't exist, and yell that the economy is gangbusters...

Under a Republican president, 3 out of 10 suffer, economically, and 7 do well...The press will interview the 3 that suffer, pretend the 7 doing well don't exist, and yell that the economy is in the toilet...

I can't think of a dem president in my lifetime where the economy was bad. obama took over a near depression and we built it up and up and up. so far trump has managed not to crash it. miracle there
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Old 07-11-2019, 06:47 PM
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Default Re: Dow jumps more than 100 points to break above 27,000 for the first time ever

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Originally Posted by AZRWinger View Post
Where is the evidence that the "top 1%" own almost all stocks? Over half of American families are invested in the stock market. No surprise the wealthiest own more.

These same wealthy people pay an outsized portion of individual Federal income taxes. Dividend payments are double taxed as are capital gains from the sale of stocks purchased with funds net of taxes.

Shares of stock are used to compensate employees without emptying cash accounts. Bill Gates and Sam Walton along with thousands of other employees became wealthy not from their salaries but from their shares of company stock.

But hey, I want to be rich and I am not so let's ban together to get the government to strip the rich of assets and give me a share. I deserve it.
he said the stocks that grew were mostly one percenter owned.
did you know wall mart takes money out of your 401K now if they pretend they had a bad year?
yeah haha that's a thing now.
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That's too funnie.
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