Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work.

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Default "Stock futures fall after French election"

http://www.latimes.com/business/mone...,5452112.story


The market knows that Socialists are poison for economic growth.
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"George Plimpton" wrote in message
...
http://www.latimes.com/business/mone...,5452112.story


The market knows that Socialists are poison for economic growth.


Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders have no value in
modern life. Currency traders (like bankers) should be taxed at the highest
possible rates to make them pay back all the money thats been loaned to
them so that they could keep their jobs.

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On 5/7/2012 2:20 PM, Why are people so cruel wrote:

"George Plimpton" wrote in message
...
http://www.latimes.com/business/mone...,5452112.story



The market knows that Socialists are poison for economic growth.


Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders


We're talking about the stock market as the discounted present value of
future profit streams, you ignorant ****tard. The markets say that
under a socialist French president, future business is going to be ****ed.
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Default "Stock futures fall after French election"

On 2012-05-07, George Plimpton wrote:
On 5/7/2012 2:20 PM, Why are people so cruel wrote:

"George Plimpton" wrote in message
...
http://www.latimes.com/business/mone...,5452112.story



The market knows that Socialists are poison for economic growth.


Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders


We're talking about the stock market as the discounted present value of
future profit streams, you ignorant ****tard. The markets say that
under a socialist French president, future business is going to be ****ed.


The market actually went up. You have to admit now that it was buoyed
by the French Socialist party victory, if you want to be an honest
Republican and continue following the same logic.

I am not really holding my breath hoping for an honest Republican,
though.

i
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Default "Stock futures fall after French election"

On Mon, 07 May 2012 17:13:47 -0500, Ignoramus24663
wrote:

On 2012-05-07, George Plimpton wrote:
On 5/7/2012 2:20 PM, Why are people so cruel wrote:

"George Plimpton" wrote in message
...
http://www.latimes.com/business/mone...,5452112.story



The market knows that Socialists are poison for economic growth.

Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders


We're talking about the stock market as the discounted present value of
future profit streams, you ignorant ****tard. The markets say that
under a socialist French president, future business is going to be ****ed.


The market actually went up. You have to admit now that it was buoyed
by the French Socialist party victory, if you want to be an honest
Republican and continue following the same logic.

I am not really holding my breath hoping for an honest Republican,
though.

i


Hey, I resent that remark. g

--
Ed Huntress (registered Ev Dirksen Republican)


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Default "Stock futures fall after French election"

On Sun, 06 May 2012 22:01:36 -0700, George Plimpton
wrote:

http://www.latimes.com/business/mone...,5452112.story


The market knows that Socialists are poison for economic growth.

==============

Try to avoid the conflation of inflation of an asset bubble
centered on stocks/securities with either real economic
growth or real economic development (which are entirely
separate items).

While at one time the securities markets *MAY* have had some
correlation with the real economy and indeed in a few cases
supplied the capital necessary for its growth/development,
that was long ago and it appears to be quite separate now.

With the proliferation of techniques such as "short
selling," "Puts/Calls" and the huge increase in virtual
"assets" such as derivatives, Credit Default Swaps, futures
contracts, and the rise of vultures/bottom feeders such as
distressed bond funds and private equity funds, etc., it is
possible to make more money (for the few) from a declining
or even a collapsing economy than an expanding one. The
prime example of this was the Soros "bear raid" on the
English Pound.

While there does indeed seem to be some ideological angst
among the Réntier class in France, and the other ECM/EZ
countries, generated by the election of actually quite
moderate leftist and anti-austerity governments, the real
concern appears to be the dread the new governments will
discover and, perhaps inadvertency, publicize the insolvency
of the major financial institutions including the major
banks and pension funds and start identifying those
individuals and institutions/organizations accountable for
this disgraceful and highly dangerous situation.

IMNSHO -- one of the major problems in the U.S. is that the
gambling winnings from the stock "asset" bubble, AKA
"capital gains," are taxed at about one-half the rate of
ordinary income, i.e. income resulting from the production
of marketable real goods and services, resulting in severe
economic/market distortions, e.g. "stock buybacks and
carried interest." Operationally, in the developed
economies, the productive "real" economy has been, and is
being, bled white to subsidize the "virtual" one. To me at
least, this indicates the "capital gains" rate should be at
least equal to the ordinary income rate, and quite likely
much *HIGHER* to discourage such anti-social and
counter-productive activity.

Remember the folk wisdom "Don't spit in the soup -- we all
gotta eat..."


--
Unka' George

"Gold is the money of kings,
silver is the money of gentlemen,
barter is the money of peasants,
but debt is the money of slaves"

-Norm Franz, "Money and Wealth in the New Millenium"
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On Mon, 07 May 2012 17:13:47 -0500, Ignoramus24663
wrote:

On 2012-05-07, George Plimpton wrote:
On 5/7/2012 2:20 PM, Why are people so cruel wrote:

"George Plimpton" wrote in message
...
http://www.latimes.com/business/mone...,5452112.story



The market knows that Socialists are poison for economic growth.

Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders


We're talking about the stock market as the discounted present value of
future profit streams, you ignorant ****tard. The markets say that
under a socialist French president, future business is going to be ****ed.


The market actually went up. You have to admit now that it was buoyed
by the French Socialist party victory, if you want to be an honest
Republican and continue following the same logic.

I am not really holding my breath hoping for an honest Republican,
though.


Um, Ig, see http://en.wikipedia.org/wiki/Richard_J._Daley for
"corruption" and http://en.wikipedia.org/wiki/Tammany_Hall for
all your rigorously honest Democrats.

All those assholes are corrupt, on both sides of the aisle. Ptui!

--
Most powerful is he who has himself in his own power.
-- Seneca
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On 5/7/2012 3:13 PM, Ignoramus24663 wrote:
On 2012-05-07, George wrote:
On 5/7/2012 2:20 PM, Why are people so cruel wrote:

"George wrote in message
...
http://www.latimes.com/business/mone...,5452112.story



The market knows that Socialists are poison for economic growth.

Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders


We're talking about the stock market as the discounted present value of
future profit streams, you ignorant ****tard. The markets say that
under a socialist French president, future business is going to be ****ed.


The market actually went up.


The market fell.
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Default "Stock futures fall after French election"

On 5/7/2012 3:16 PM, Ed Huntress wrote:
On Mon, 07 May 2012 17:13:47 -0500, Ignoramus24663
wrote:

On 2012-05-07, George wrote:
On 5/7/2012 2:20 PM, Why are people so cruel wrote:

"George wrote in message
...
http://www.latimes.com/business/mone...,5452112.story



The market knows that Socialists are poison for economic growth.

Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders

We're talking about the stock market as the discounted present value of
future profit streams, you ignorant ****tard. The markets say that
under a socialist French president, future business is going to be ****ed.


The market actually went up. You have to admit now that it was buoyed
by the French Socialist party victory, if you want to be an honest
Republican and continue following the same logic.

I am not really holding my breath hoping for an honest Republican,
though.

i


Hey, I resent that remark.g


You're not a Republican.
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Default "Stock futures fall after French election"

On Mon, 07 May 2012 18:49:26 -0700, George Plimpton
wrote:

On 5/7/2012 3:16 PM, Ed Huntress wrote:
On Mon, 07 May 2012 17:13:47 -0500, Ignoramus24663
wrote:

On 2012-05-07, George wrote:
On 5/7/2012 2:20 PM, Why are people so cruel wrote:

"George wrote in message
...
http://www.latimes.com/business/mone...,5452112.story



The market knows that Socialists are poison for economic growth.

Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders

We're talking about the stock market as the discounted present value of
future profit streams, you ignorant ****tard. The markets say that
under a socialist French president, future business is going to be ****ed.

The market actually went up. You have to admit now that it was buoyed
by the French Socialist party victory, if you want to be an honest
Republican and continue following the same logic.

I am not really holding my breath hoping for an honest Republican,
though.

i


Hey, I resent that remark.g


You're not a Republican.


Plumper, why don't you go play with Johnson? You'll find you have a
lot in common.

--
Ed Huntress


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Default "Stock futures fall after French election"

On 5/7/2012 7:12 PM, Ed Huntress wrote:
On Mon, 07 May 2012 18:49:26 -0700, George
wrote:

On 5/7/2012 3:16 PM, Ed Huntress wrote:
On Mon, 07 May 2012 17:13:47 -0500, Ignoramus24663
wrote:

On 2012-05-07, George wrote:
On 5/7/2012 2:20 PM, Why are people so cruel wrote:

"George wrote in message
...
http://www.latimes.com/business/mone...,5452112.story



The market knows that Socialists are poison for economic growth.

Considering the people in France and Greece have made a democratic choice,
the unelected, personal wealth driven currency traders

We're talking about the stock market as the discounted present value of
future profit streams, you ignorant ****tard. The markets say that
under a socialist French president, future business is going to be ****ed.

The market actually went up. You have to admit now that it was buoyed
by the French Socialist party victory, if you want to be an honest
Republican and continue following the same logic.

I am not really holding my breath hoping for an honest Republican,
though.

i

Hey, I resent that remark.g


You're not a Republican.


Plumper, why don't you go


You're not a Republican. You're a far-left lying lunatic.
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F. George McDuffee on Mon, 07 May
2012 18:07:48 -0500 typed in rec.crafts.metalworking the following:
On Sun, 06 May 2012 22:01:36 -0700, George Plimpton
wrote:

http://www.latimes.com/business/mone...,5452112.story


The market knows that Socialists are poison for economic growth.

==============

Try to avoid the conflation of inflation of an asset bubble
centered on stocks/securities with either real economic
growth or real economic development (which are entirely
separate items).

While at one time the securities markets *MAY* have had some
correlation with the real economy and indeed in a few cases
supplied the capital necessary for its growth/development,
that was long ago and it appears to be quite separate now


That has been my "animal spirits" understanding for the last four
years. What makes people feel that the market is going to go up? More
importantly, what can they point to which indicates that the economy
is going up?

My own vibe is that a lot of the Stock Market is driven by the
fact that there is no money to be made in Bonds (not with the zero
percent interest/yields)

Arggh , crap shoot in a number of ways. I just hope that when I
get too old to work, I can still afford to live.
--
pyotr
Go not to the Net for answers, for it will tell you Yes and no. And
you are a bloody fool, only an ignorant cretin would even ask the
question, forty two, 47, the second door, and how many blonde lawyers
does it take to change a lightbulb.
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