As Dow surges, many left behind

Chicago Tribune ^ | October 3, 2006 | William Neikirk

[Lonesome in Massachussets]

You sound like an expert. How often are you quoted in the NYT?

[zerosix]

Let's see, according to MSM falling gas prices MAY pose a future financial problem (huh?); Dow and stock surge, investors, both individual and groups earn $$$: Many left behind (one would assume the many consist of those on welfare; the jobless; the illegal aliens, huh?).

Elderly with savings in stock and bond markets earn $$$; employed Americans with pension and stock plans earn $$$, would MSM report exactly who the "left behind" are.

[Sicon]

How do you retrain a 55-year-old United Auto Worker?

I will resist the strong temptation to post some highly sarcastic suggestions...

[okie01]

Liberals have clearly become today's "old-timers".

For them, "The Good Ol' Days" were only six years ago...

[massgopguy]

"Fellow members of the Roman Senate, shall we continue to build palace after palace for the Rich? Or should we aspire to a nobler purpose and build decent housing for the poor? What does the Roman Senate say?"

[Tall_Texan]

Ignoring the media doom-and-glooming, I wonder if the Dow would be climbing if they truly believed the Democrats were about to take over the House and the Senate?

In a TradeSports kind of way, I see the rising Dow as an indication that the business community believes the Republicans are going to hold their control.

[frogjerk]

Which year and what was the percentage?

[litehaus]

http://www.bls.gov/cps/prev_yrs.htm

[lesser_satan]

Isn't that the stupidest comment you've ever heard? She's saying, in effect, that the "55-year-old United Auto Worker" is too f-ing stupid and lazy to learn anything new.

[Sicon]

Well, I wasn't actually suggesting that the remark was stupid. My sarcasm would have been directed at the UAW members. But to be fair, not ALL of the UAW members are stupid, lazy, overcompensated, etc. - just most of them.

[N. Theknow]

Ah, the good ole days of dot-bomb stocks and smoke and mirror, shell-game budget surpluses.

Just for giggles, I kept checking the National Debt Clock and it never slowed down one bit during all those fantastic budget surpluses.

[frogjerk]

You are correct.

[litehaus]

Interesting how the debt kept going UP during those so-called surplus years, huh?

[BeHoldAPaleHorse]

Ah, yes, the Clinton years, when there were no homeless and no poor. They all magically reappeared on January 20, 2001.

I knew a woman who ran a homeless shelter in the 1980s and 1990s. She tried to do more than just provide a bed and a meal; she worked with those who wanted to leave the lifestyle, tried to get them help. Some of her former charges are now sober, working, and generally a credit to society.

She said she could get grants from liberal-minded foundations, no problem--right up to Election Day, 1992.

Then the money just stopped dead.

[RogerWilko]

People tend to associate the Clinton years with the stock market boom. Most forget (and the MSM doesn't do anything to remind them) that the bubble burst during Clinton's reign. This point needs to be repeated until it's driven home

It seems that A LOT of people have SHORT memories on the REAL reasons for this! The reason the stock market took a dive was because the Republicans talked down the economy!!

COME ON NOW... THINK!! Don't you remember this! The DUmbocrats said was so! DAMN Republicans!!