plz dont vote for bush

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Thank you for covering a topic i can disprove so easily. I have just covered that same 20% increase in stock market in a finance class of mine. I don't need to quote you bc it was so blantant that you are calling me out on it. Here is why you are a fool for believing the market went up 20% as per what Bush and his Cabinet said. Yes, Artificially it went up...Now lets consider this. The dollar last year around this time was worth 91 or 92 cents in the world currency market. Now its down to 83 or 82 cents depending on which you read wall street journal or Barron's Journal. Anyways thats about a 10% difference. Now let me see our dollars by 10% less so the price of stock would go up 10%. The rate of inflation according to bush last year was only 4%. Funny my money buys 10% less and its only 4% huh?

Next you have to Consider this, Bush's wonderful tax cut to corporations is taking in 3 to 5% less per year( not including the tax write off that corporations can take on any new asset they purchase they can deduct 50% of its total value from net income this cannot be quantified into a percent bc of too many unknowns, it does however keep more money within the corporation for retained earnings). So you have 3 to 5% more invested in retained earnings. Meaning that you will probably issue dividends. I cannot directly quantify this amount( since more companies could use this than others and actually get higher than a 3% return and pay investors with that money) but lets say 3to 5%. Especially since there are outside factors like most companies traded on the NYSE are world wide companies and they seem to be growing (no i am not talking about Japan). So now we have a 13-15% increase in the market caused by Bush's actions. You truly would have only gotten a 5 to 7% increase in the VALUE of your stock. That is normal. He did nothing superb.

Reducing the Prime rate of interest only made investors not invest in bonds (And corporations to refinance and buy back there old bonds so they didn't have to pay 8 to 9% when they could borrow for 5%) Bonds and Stocks are almost perfectly negatively correlated (meaning when one goes up the other goes down but not always on a 1 for 1 ratio). So with bonds as a primary investing tool taken out of the picture (why would anyone get a bond with 4.5% , inflation is 4% on average). What is your primary investing tool....Stocks ! So with many Mutual fund companies having there bonds taken from there portfolios, they had to reinvest in something. Therefore if you have an open mind you can see that this 20% increase in the stock market is VERY VERY VERY artificial.

Now,



Apparently you aren't up to date on unemployment. You can only get it for 26 weeks. Congress didn't choose to keep the 13 extra weeks you could have if you were still unemployed. These benefits can start as soon as vacation, and sick leave termination days are paid. Meaning that most companies usually offer a 6 month plan, some 1 year. BUt you can get unemployment starting as soon as vacation and sick days are gone after you have been laid off / fired. No they aren't receiving more government money. Take this into consideration. China is now producing more engineers of all fields than the rest of the world. US companies and even the US military is outsourcing there R&D departments out to china bc they still don't have to be paid what an American would have to. Welcome to capitialism. Many technician jobs have been eliminated and sent to India and China. They are being paid pennies on the dollar. Ford and GM have so many cars built they are currently renting out Michigan State Fairgrounds to store cars, and recently just signed a contract with there unions to cut the workforce. I can't remember the exact amount but it was around 5 to 10%. Our jobs are going overseas faster than we can make them here. Eventually a service economy will fail, when we import so heavily.

Then again i am sure i am wasting my time typing up this fact. Bush supporters and Bush opposers will never agree. You can choose to keep typing. This isn't really worth my time. If you don't read and learn what your being told is true.....Only to some extent. IF you want more proof our economy isn't doing so hot. Look at banks in Australlia, Germany and other places....They are offering returns of 6% just from a savings account. Compare that to our stock market price increase. Maybe to say Bush is a liar is too strong....But he is deceiving. I won't have to mention too much about weapons of mass destruction, and nor will i have to mention his commision in the army and going AWOL during it(i like personally how it was hushed up so much https://www.uaw.org/cap/01/news/day3media.html, https://www.straightdope.com/columns/030411.html), or even his change in stance on Unilaterlism to Bilaterlism. Trust me i would link stuff from the Barron's and the Wall Street journal, but most of it is premium membership areas.

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uhhhhh, wheres the weapons of mass distruction. get educated on the subject and look some stuff up.

oil........ thast the only damn thing this is about

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well pirate, your right about welfare, but the liberals want everyone on welfare, that way they get elected and which is also where they got coined the "poor persons politician"....When there are those who SHOULD be on welfare (disabled) and those with limited welfare (single parents, people laid off - who get welfare for 3 months and must find a job by then)

And whoever says there are no jobs, thats retarded...maybe there are no jobs to fit your liking, but there are jobs, and beggers cannot be choosers, if its your butt working @ McDonalds or sitting @ home collecting, well by God it better be @ McDonalds - beggars cannot be choosers and no one is to good to work....