Dow Nearing 30K. Time For You To Jump Off?
POSTED BY: JEWELSTAITEFAN
UPDATED: Saturday, September 28, 2024 08:52
VIEWED: 9969
PAGE 4 of 12
Quote:
Originally posted by reaverfan:Quote:
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by CAPTAINCRUNCH:Quote:
Originally posted by 6IXSTRINGJACK:
It's what the Democrats wanted.
Democrats wanted? Why?
Maybe you should ask them why they destroyed the economy and 20% of small businesses across the country (so far) over a virus that kills virtually nobody.
Do Right, Be Right. :)
Laugh it up, middle-class white apologist.
Those people standing in food lines that you pretend to give a shit about aren't laughing.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:This problem could be fixed by Mitch McConnell passing the Heroes Act, but he won't. Take your complaints about pretending to give a shit to Mitch, 6ix.
Originally posted by 6IXSTRINGJACK:
Laugh it up, middle-class white apologist.
Those people standing in food lines that you pretend to give a shit about aren't laughing.
www.cbsnews.com/news/second-stimulus-check-update-600-unemployment-her
oes-act/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
That’s capitalism: The Dow skyrockets, so does hunger
https://www.cpusa.org/article/thats-capitalism-the-dow-goes-up-and-so-
does-the-suffering/
Yesterday the stock market hit 30,000 for the first time. After weeks of radio silence, Donald Trump appeared in the White House press room and gave a minute-long rant, extolling the numbers, even calling them “sacred.” Can you imagine? On the highest day ever recorded so far of U.S. COVID-19 cases, Trump trumpets a market rally instead of human lives. As Grandma used to say, “Father be merciful!”
But the story doesn’t end there. It’s not only COVID deaths that are increasing. On the day before the Thanksgiving holiday, miles and miles of food lines are spreading all over the country. Congress has adjourned, and due to the GOP’s blocking of a stimulus bill, hunger is stalking millions. But Trump — and let’s say it, Wall Street — is jumping for joy.
Consider this gem: Long lines are also forming outside COVID testing centers, and wealthy New Yorkers are paying “professional” line standers to hold their place in the queue as they seek test documentation before traveling. No matter that they’re ignoring public health warnings urging people to stay home. And guess who’ll jump to the head of the line when vaccines become available?
Sadly, but predictably, unemployment claims are also up. Jobless claims jumped this week to 778,000 from 740,000. In addition, the number of those losing benefits and filing emergency claims also leaped. The total receiving benefits rose to 20.45 million for the week ended Nov. 7, up 135,297 from the week before.
Benefits for 14 million workers will expire at year’s end.
But instead of addressing the crisis facing working-class lives, Trump was on his way to Gettysburg, PA, with Giuliani continuing their effort to disenfranchise Black voters and overturn the election. The trip, however, was cancelled because Giuliani was exposed again to another person who’s COVID positive. How many in Trump’s orbit have now been exposed?
About 12% of Americans report food shortages in the last few weeks, a fact lost on Trump and Wall Street.
But that’s capitalism: the stock market goes up, up, up, while the length of food, unemployment, and hospital ER lines get longer, longer, and longer.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Today Dow closed at 29,872. That is the 3rd highest Close in history.
S&P 500 closed at 3,629.
NASDAQ closed at 12,094. That is a new Record All-Time High.
Just for reference, the current Top Dow Closes:
1. 30,046 24 November 2020.
2. 29,950 16 November 2020.
3. 29,872 25 November 2020.
4. 29,783 17 November 2020.
5. 29,591 23 November 2020.
6. 29,551 12 February 2020.
7. 29,483 19 November 2020.
8. 29,479 13 November 2020.
9. 29,438 18 November 2020.
10. 29,423 13 February 2020.
11. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
12. 29,398 14 February 2020
13. 29,397 11 November 2020.
14. 29,379 6 February 2020.
15. 29,348 17 January 2020.
16. 29,348 19 February 2020.
17. 29,297 16 January 2020.
18. 29,290 5 February 2020.
19. 29,276 10 February 2020.
19. 29,276 11 February 2020.
20. 29,263 20 November 2020.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by second:Quote:This problem could be fixed by Mitch McConnell passing the Heroes Act, but he won't. Take your complaints about pretending to give a shit to Mitch, 6ix.
Originally posted by 6IXSTRINGJACK:
Laugh it up, middle-class white apologist.
Those people standing in food lines that you pretend to give a shit about aren't laughing.
www.cbsnews.com/news/second-stimulus-check-update-600-unemployment-her
oes-act/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
Fuck that Heroes act, and fuck Nancy Pelosi. That shit is never going to pass. There are a LOT of other ways to fix the problem without passing that Socialist wet dream full of shit that has nothing at all to do with helping the people who actually need help.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:It is a weakness to call the only bill which has a chance of passing "that Socialist wet dream". It would be strength to say the people who actually need help won't take government help out of personal pride. Instead, they will receive without having to ask or beg their family, friends, neighbors, or the GOP more help than the Federal government could ever give. But for a practical matter I know Trump voters won't be giving any more than meager help and only to family members they aren't feuding with. Ask Mitch McConnell for help. He has shown that he gives nothing.
Originally posted by 6IXSTRINGJACK:
Fuck that Heroes act, and fuck Nancy Pelosi. That shit is never going to pass. There are a LOT of other ways to fix the problem without passing that Socialist wet dream full of shit that has nothing at all to do with helping the people who actually need help.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
What the fuck are you even on about now?
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:It's clever how Sen. Mitch McConnell from Kentucky can starve people in Indiana. But how can he get away with that? Why don't wealthier, well-fed people of Indiana complain bitterly about what Mitch is doing to the poorer citizens of Indiana? It is very simple:
Originally posted by 6IXSTRINGJACK:
What the fuck are you even on about now?
All Mitch has to do is label the only solution to the starvation problem that is ready to go as soon as Mitch changes his mind, the Heroes Act, as "Socialism" (maybe he should have called it "Communism" because that ALWAYS works) and then the Trump voters will agree with Mitch that the Federal government can't do anything about starvation as long as the solution is based on either "Socialism" or "Communism".
What is even more clever about what Mitch has done is that he freed the richer half of the population of Indiana from paying for food to end starvation of the poorer half of Indiana. That intrastate transfer of money between the rich and the poor would also be called either "Socialism" or "Communism". Good job, Mitch! You protected the wealthy from those "Socialists" or "Communists" and their evil "Socialism" or their worse "Communism". And all Mitch had to do is throw around some empty words in order to save trillions of dollars being paid by the wealthy. The wealthy should be very thankful for what Mitch can do for them. When the wealthy have to directly starve the poor, the wealthy get called "Ebenezer Scrooge". The wealthy don't like being called names during the Christmas Season.
I almost forgot. The wealthy don't pay taxes to help the poor. That would be "Communism". See Trump's tax returns. He effectively fights "Communism" by not paying. https://theintercept.com/2020/09/28/donald-trump-taxes/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
You probably shouldn't use Indiana as an example. As far as I know we're pretty good over here.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:All the Trump-loving poor white trash I know in Texas say they are doing pretty good, even when I know they live on less than a couple thousand per month and go to the food bank. They have no idea how rich I am, even though I'm no different than they are, other than I stopped believing 48 years ago all the nonsense Trump lovers spout about the evils of Democrats' "Socialism" and the horrors of Democrats' "Communism" and the wonderfulness of Republicans' "Capitalism". There is really no way to fix the goddamn stupid ideas circulating in their minds that keep them poor and allow them to smugly complain that it is Nancy Pelosi's fault that people are starving. They can't understand that it is Mitch McConnell who is actually causing starvation.
Originally posted by 6IXSTRINGJACK:
You probably shouldn't use Indiana as an example. As far as I know we're pretty good over here.
Those Trump-loving poor white trash also have very peculiar ideas about the Dow-Jones, but I gave up, in the early Clinton administration, trying to correct their misunderstandings. Some people are going stay poor forever, despite insisting they are doing pretty good, because they won't change what they are doing.
https://fred.stlouisfed.org/graph/?g=y7YE
https://fred.stlouisfed.org/graph/?g=y7YJ
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME