MyRightWingDad.net

5 comments:

delagar said...

Poor RWD doesn't know what an eclipse is. Sad!

07 September, 2017 08:53  

SJT said...

Something barren and dead temporarily blocking out something more important and beloved?

Sounds about right.

07 September, 2017 11:00  

Anonymouse said...

Within days after President Trump's election one of my accounts rose in value by $14,000. In days, mind you...not years.
This as opposed to the Reverse Midas Touch the Kenyan had in that everything he touched turned to crap and dragged our economy to the lowest gains ever.

How anybody could support this ACORN community activist is beyond me.

09 September, 2017 06:11  

charlie said...

This as opposed to the Reverse Midas Touch the Kenyan had in that everything he touched turned to crap and dragged our economy to the lowest gains ever.

Really? Lowest gains ever? You. Are. Hallucinating.

The Dow was at 7949 when Obama took office and at 19732 when he left. For the math-challenged, that's a gain of one hundred forty eight percent. For Trump to show similar results, he'll have to take the Dow to 48981 points.

Has Trump demonstrated to you that he has any policies that are capable of making that happen?

$14,000 in a few days? My accounts were up by 32% in 2013. Who was President at that time? No Republican President has ever done that. EVER.

By the way - 2013 is when my mutual funds finally returned to the level where they were in 2001 on the day that George W. Bush took office. The Bush years were brutal; the Dow lost 5.1% per year under Bush.

While past performance is no indicator of future results, the past 90 years or so show that the stock markets always do better when a Democrat is in the White House, and the margin is not even close.

This article was published in 2008, but the trend certainly held true through Obama's administration:

http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html

I don't know why anyone who owns even a single share of stock would ever vote Republican. Their policies are toxic for the stock market.

09 September, 2017 12:52  

SJT said...

Within days after President Trump's election one of my accounts rose in value by $14,000. In days, mind you...not years.

Because short term, unsustainable stock market gains are always healthy and definitely the most important thing in a President.

I wonder why the stock market would suddenly surge under Trump? I'm sure it has nothing to do with the fact that Wall Street is anticipating a huge, deficit exploding tax cut and much looser regulations that will benefit them at the expense of 99% of Americans and set us up for another horrible bubble like what happened in 2008? Nah, couldn't be that. By the way, I wonder how you'll feel when Trump starts taxing your 401k and eliminates your current tax deductions in order to pay for that corporate tax giveaway. Good thing you'll have that 14K then because your tax bill is likely going up!

Meanwhile the job market has slowed compared to last year, civil rights are under attack, health insurance, medicare and medicaid are all under siege by Trump and his goons. But hey, you got a tiny bump in your retirement account which will in no way collapse when the next bubble bursts, so I guess its all good, right?

09 September, 2017 13:29  

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