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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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#1
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"Stock futures fall after French election"
http://www.latimes.com/business/mone...,5452112.story
The market knows that Socialists are poison for economic growth. |
#2
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"Stock futures fall after French election"
"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. |
#3
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"Stock futures fall after French election"
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. |
#4
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"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 |
#5
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"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) |
#6
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"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" |
#7
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"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. 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 |
#8
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"Stock futures fall after French election"
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. |
#9
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"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. |
#10
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"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 |
#11
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"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. |
#12
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"Stock futures fall after French election"
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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