The stock markets aren't happy with the election results.

Discussion in 'Blazers OT Forum' started by blazerboy30, Nov 7, 2012.

  1. huevonkiller

    huevonkiller Change (Deftones)

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    The stock market isn't adjusted for inflation, nor does it correlate with the economy anyway since Japan is stronger now with a "Weaker" stock market.
     
  2. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Right. Nothing will change between now and then. The government doesn't budget money anymore, it only passes continuing resolutions and emergency stimulus spending bills.

    Look at the bolded text in what you quoted:

    In 2027 Medicare, Medicaid, Social Security, and interest on the debt will consume all tax revenue, according to the GAO.


    Silly barfo, there won't be any money to spend even $.01 on military. Or roads. Or the NIH. Or the FBI. Or the Courts. Or the Post Office. Or on Welfare.

    Silly barfo. Still it's good to see you.
     
  3. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    And? You offer nothing but "what if?" scenarios that do not square with reality. Just like the lemon drops and gum drops don't.


    Here's a short list of scientists. Do tell me how you think they paid their rent and could afford the tools to do their research:

    Archimedes, Aristotle, Niels Bohr, Copernicus, Curie, Darwin, Da Vinci, Descartes, Edison, Einstein, Ben Franklin, Galileo, Newton, Planck, Rontgen, Tesla.

    No, baffo. I don't think scientific progress would be any different or sooner or whatever had there been government funding.

    What a silly question. What is greater, the number of dollars or the number of insects?
     
  4. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/05/the-dow-joness-new-high-is-fake/

    The Dow Jones industrial average passed 14,164.53 today. That’s its highest reading ever. Huzzah!

    Or not. That number doesn’t adjust for inflation. As CNBC’s Jeff Cox writes, “in inflation-adjusted dollars, the Dow would need to hit 15,731.54 to break the record.” In fact, in inflation-adjusted terms, the Dow is still well below it’s 2000 high.

    Oh, and the Dow Jones industrial average, which measures the performance of 30 companies, is a useless market indicator, and you should follow the S&P 500 instead.
     
  5. BlazerCaravan

    BlazerCaravan Hug a Bigot... to Death

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    Sounds like someone listened to Planet Money on Tuesday. :ghoti:
     
  6. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    With advanced metrics?

    I just said they do a pretty good job of delivering that cheap mail. I didn't say I liked it, I said they should shut it down. There's a big gap between what I said and what you wish I'd said.

    Yes, that is a disgusting. But since I've never done that, especially to a postman, I'm not sure what you are on about.

    Bumper sticker slogans and random non-sequiturs are an uneducated economic philosophy.

    I support it in the sense that I pay taxes, I guess. I don't support it in the sense you mean.

    I don't approve of your lifestyle of raping babies and eating rat testicles, either.


    Uhm, no. USPS does not make law.

    Exciting news.

    barfo
     
  7. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    The answers vary. To pick out one from your list, the Curies were dramatically underfunded most of the time. Their lab was substandard for the times. They never had a lab assistant until after the Nobel prize. Yeah, I think they could have done it faster/better with more funding.

    barfo
     
  8. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    That was my point.

    Likewise!

    barfo
     
  9. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    What makes you think there was more funding to be had then? Or even now? She was a nobody until her discoveries.

    Yet she did have funding.
     
  10. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    ?? I'm not sure what you mean. Of course there was money that could have been spent on Curie's research instead of something else.

    So? The argument was over whether additional funding would advance science, not over whether Marie Curie was a nobody.

    And guess what: everybody is a nobody until their discoveries.

    Yes she did. I'm saying if she'd had more she'd have been more productive. There are no doubt others we've never heard of who could have made interesting discoveries but they didn't have money to do the work.

    barfo
     
  11. huevonkiller

    huevonkiller Change (Deftones)

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    Oh and nice job bitching about the best class of people who commit the fewest crimes and build the most shit, genius. You sure got off that subject quick.

    Econometrics, sure.

    Define "management". You're so cute, hopefully you realize now you have no escape.

    Also this is nothing to me, look at entitlements and the military. Any example will do, your comments are always ignorant when it comes to your love for the efficiency of government.

    You're really stupid then, define what taxation is.



    "Might makes right"-barfo.

    Also Socialism blows.


    You love how efficient the mail is, there's nothing really efficient about it. That's like saying you love how the Bobcats get their asses wooped by other bad teams. But good teams give it to them better, private companies are even more efficient.


    BTW I made an erotic joke in the middle of my last post, just to see if you even read anything.

    Hah. :]



    Who runs the USPS? You got pwned plain and simple, private businesses are indeed affected. That was your direct question.

    They weren't losing billions either fams.
     
    Last edited: Mar 15, 2013
  12. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Something else, like farming for food?

    I'd love me some of this funding. Maybe one day, I'll discover something. In the mean time, I can live large at everyone else's expense!

    Sign me up.
     
  13. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    That's rather non-libertarian of you. Aren't you supposed to stand on your own two feet, pull yourself up by your bootstraps, etc.? Why are you always looking for a handout?

    Anyway, the point we were arguing was not whether there should be government funding for scientists, but whether additional funding would increase the rate of scientific discovery. I said yes in some cases, you said never in any case.

    barfo.
     
  14. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Fedex and UPS workers?

    Sorry, don't know what you are talking about and am not sufficiently interested to go back and look.

    barfo
     
  15. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Green font required? Seriously?

    The question is whether government should pick and choose what gets funded and whether to tax and spend enormous sums of money for the sake of it? You know, should we spend govt. money studying the decline of pheromone production in fruit flies as they age (for a $940,000 grant).
     
  16. jlprk

    jlprk The ESPN mod is insane.

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    Bump. When the stock market's doing great like now, Democrats want to keep this ridiculous thread title near the top.

    If the market crashes someday, Republicans will reawaken the thread title.

    Right now, we Democrats have Republicans doing our job for us.
     
  17. The_Lillard_King

    The_Lillard_King Westside

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    Dow, S&P Close at New Record Highs


    Stocks ended higher on Tuesday, though off their session highs, with increased payment rates for some health insurers boosting the sector. The Dow and S&P 500 both closed a new record highs.
     
  18. blazerboy30

    blazerboy30 Well-Known Member

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    Here's an article from October 1, 2007

     
  19. ABM

    ABM Happily Married In Music City, USA!

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    Man, what is going on?!! :clap:
     
  20. The_Lillard_King

    The_Lillard_King Westside

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    The market likes Obama :)
     

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