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spin spin spin

 
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Aske
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spin spin spin
« on: April 25, 2007, 08:24:11 AM »

http://thinkprogress.org/.../2006/09/dowjoneshigh.jpg

 Disgusted

adjustments for inflation? 

comparison to more tangible liquid assets?

analysis of index component assets owned/traded by individual private parties vs those owned/traded by hedge managers and corporations? 

toeing the party line?   

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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
JDerion
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Re: spin spin spin
« Reply #1 on: April 25, 2007, 12:05:47 PM »

The Dow is not a very meaningful index, as you know. I'm not sure why it's given so much weight, other than tradition.

With that said, the Dow did 2.5 times better under Clinton during the same span of time in his administration. That must be proof that not cutting taxes works?
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hobbit
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Re: spin spin spin
« Reply #2 on: April 25, 2007, 12:23:55 PM »

The Dow is not a very meaningful index, as you know. I'm not sure why it's given so much weight, other than tradition.

With that said, the Dow did 2.5 times better under Clinton during the same span of time in his administration. That must be proof that not cutting taxes works?


Clinton inherited an economy already improving from a little recession, Bush inherited an economy already on its way down to a recession.  Hardly seems like a fair comparison.  Not that a president makes an economy - so, more importantly...

Clinton didn't sign a capital gains tax reduction?  (think 1997) Wink

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Aske
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Re: spin spin spin
« Reply #3 on: April 25, 2007, 12:53:20 PM »

The Dow is not a very meaningful index, as you know. I'm not sure why it's given so much weight, other than tradition.


because the spinning heads need anything they can to 'con'vince the plebs that everything is ok.   and to joe moron, this type of complex metric and subsequent analysis is probably "con"vincing.  Lips Sealed
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Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
gleek
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E chu ta!

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Re: spin spin spin
« Reply #4 on: April 25, 2007, 01:18:09 PM »

The Dow is not a very meaningful index, as you know. I'm not sure why it's given so much weight, other than tradition.


because the spinning heads need anything they can to 'con'vince the plebs that everything is ok.   and to joe moron, this type of complex metric and subsequent analysis is probably "con"vincing.  Lips Sealed


Since the stock market is a form of legalized Ponzi scheme, it behooves all those involved in equities trading to paint a rosy picture. Those that are already holding a long position in the market can't bank their gains without new investors to sell their shares to.
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hobbit
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Re: spin spin spin
« Reply #5 on: April 25, 2007, 01:21:52 PM »

The Dow is not a very meaningful index, as you know. I'm not sure why it's given so much weight, other than tradition.


because the spinning heads need anything they can to 'con'vince the plebs that everything is ok.   and to joe moron, this type of complex metric and subsequent analysis is probably "con"vincing.  Lips Sealed



My my, the Dow breaks 13000 and someone writes about it (I'm assuming anyway - can't access the related article from work).  Ooooooooo - how terrible of them.

I'll be sure to show as much surprise and disdain the next time Krugman (NY Times) and others write anything about the economy - there's a party line towed quite well, so you're in good hands - don't worry.

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Aske
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Re: spin spin spin
« Reply #6 on: April 25, 2007, 01:34:27 PM »

The Dow is not a very meaningful index, as you know. I'm not sure why it's given so much weight, other than tradition.


because the spinning heads need anything they can to 'con'vince the plebs that everything is ok.   and to joe moron, this type of complex metric and subsequent analysis is probably "con"vincing.  Lips Sealed



My my, the Dow breaks 13000 and someone writes about it (I'm assuming anyway - can't access the related article from work).  Ooooooooo - how terrible of them.

I'll be sure to show as much surprise and disdain the next time Krugman (NY Times) and others write anything about the economy - there's a party line towed quite well, so you're in good hands - don't worry.



i think you'd disagree with my point less, if you could see the link in my first post. it's not an article, it's an horribly made argument by fauxnews ...   i've attached the image here...   

ps. it's not 'towing the line'  Wink
pps. welcome to golfhos


* dowjoneshigh.jpg (13.69 KB, 320x240 - viewed 55 times.)
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Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
hobbit
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Re: spin spin spin
« Reply #7 on: April 25, 2007, 02:09:45 PM »

The Dow is not a very meaningful index, as you know. I'm not sure why it's given so much weight, other than tradition.


because the spinning heads need anything they can to 'con'vince the plebs that everything is ok.   and to joe moron, this type of complex metric and subsequent analysis is probably "con"vincing.  Lips Sealed



My my, the Dow breaks 13000 and someone writes about it (I'm assuming anyway - can't access the related article from work).  Ooooooooo - how terrible of them.

I'll be sure to show as much surprise and disdain the next time Krugman (NY Times) and others write anything about the economy - there's a party line towed quite well, so you're in good hands - don't worry.



i think you'd disagree with my point less, if you could see the link in my first post. it's not an article, it's an horribly made argument by fauxnews ...   i've attached the image here...   

ps. it's not 'towing the line'  Wink
pps. welcome to golfhos


Sure - awfully presumtive of them to give a cause.  And I'm sure you'll apply the same scrutiny on the next 'bad' economy article by any above mentioned shills  Wink


Oh - and my head had it right, fingers failed - as is often the case  Red Face

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stroh
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We're doomed!

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Re: spin spin spin
« Reply #8 on: April 25, 2007, 03:40:06 PM »


Oh - and my head had it right, fingers failed - as is often the case  Red Face


LOL!  Man have I wore the tread on that tire thin.
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Aske
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Re: spin spin spin
« Reply #9 on: April 25, 2007, 08:22:48 PM »


Oh - and my head had it right, fingers failed - as is often the case  Red Face


LOL!  Man have I wore the tread on that tire thin.

hotdog.hallway?
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Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
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