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Forum Post: Stocks nose dive after election

Posted 1 year ago on Nov. 7, 2012, 10:34 a.m. EST by Nowsmichigan (-310)
This content is user submitted and not an official statement

This is what happens when you re-elect an incompetent idiot

22 Comments

22 Comments


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[-] 5 points by agkaiser (1299) from Fredericksburg, TX 1 year ago

This is what happens when the aristocratic lords of Wall St, the central controllers of our dysfunctional economy, get a well deserved slap in the face. How does it feel, to be a dupe of the greatest threat to survival the Human Race has ever faced? Your Wall St masters will pull your strings to make you try to twist this.

Vos combibo domini vestri irrumabo!

[-] 1 points by freakzilla (-161) from Detroit, MI 1 year ago

Yeah. Obama went after them soooooooo hard, I'm sure they are quaking in their boots. Four more years of mega bonuses and salaries.

And don't forget this: WALL STREET PROSECUTIONS UNDER OBAMA: ZILCH

[-] 4 points by agkaiser (1299) from Fredericksburg, TX 1 year ago

That's the best slap we the people could muster under the circumstances. Obama had little to do with it. They spent billions to defeat him and it didn't work. Neither does your hyperbole. But you don't care that your distraction doesn't work on real people. You only need it to work on yourself.

[-] 4 points by GirlFriday (21783) 1 year ago

Ok, look at the stocks that did dive. Coal? Major banks? defense?

[-] 0 points by Nowsmichigan (-310) 1 year ago

It does not matter who was elected, we are still going to get more of the same o same o

[-] 3 points by GirlFriday (21783) 1 year ago

The stocks dipped and then rose again. Isn't there a saner way to invest?

[-] 1 points by MattLHolck (16833) from San Diego, CA 1 year ago

stock are trading cards

[-] 1 points by GirlFriday (21783) 1 year ago

I know, right?

[-] 2 points by MattLHolck (16833) from San Diego, CA 1 year ago

their value is what someone with money is willing to pay

[-] 3 points by GirlFriday (21783) 1 year ago

Their value is determining elections.

[-] -1 points by Nowsmichigan (-310) 1 year ago

do not mess with stocks myself

[-] 1 points by lawstudent402 (18) 1 year ago

yes

[-] 1 points by hchc (3297) from Tampa, FL 1 year ago

Wait till Jan 1st when Bush cuts expire, sequestration kicks in, and the next debt deal is 3 months out.

Dow to 9000. Gold to 2000.

Some people are calling a Gold to Dow ration of 1:1 before this financial bullshit is all sorted out.

[-] 1 points by agkaiser (1299) from Fredericksburg, TX 1 year ago

Let's really fix the economy. Put all that gold into the pockets of the bankers, brokers and uber investors. Then drop them into the Atlantic, near where the Titanic went down.

[-] -1 points by hchc (3297) from Tampa, FL 1 year ago

The Chinese will go grab that shit in a heartbeat :)

[-] 1 points by agkaiser (1299) from Fredericksburg, TX 1 year ago

LOL The Russians have the sea bottom under the North Pole. They might beat the Chinese to the Titanic.

[-] 1 points by hchc (3297) from Tampa, FL 1 year ago

This is what happens when 90% of incumbents are reelected.

The system is busted. Only a fool would say otherwise.

[-] 2 points by Builder (4202) 1 year ago

Is that a fact? The 90% returned?

More hope than change, then?

[-] -1 points by hchc (3297) from Tampa, FL 1 year ago

I know it usually is at least 90%, granted that takes local elections into consideration.

It should be about 10% retention rates.

[-] 0 points by IdiotsRUS (0) from San Francisco, CA 1 year ago

Why aren't we going after people in Hollywood? After all, they are the filthy rich who keep the Democrats in power so they will be left alone. We need to take what Barbara Streisand has and redistribute it, don't you think?

[-] -1 points by Nowsmichigan (-310) 1 year ago

Good idea and that is why the super rich like them support the dems so they will be swept under the rug

[-] 0 points by Saesneg (-166) from Linwood, NJ 1 year ago

Counterproductive: An Obama win will not aid those who want to continue to live off other people's incomes and investments.