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(CNN)   After consulting their foremost mathematicians and market experts, CNN determines that the Dow could reach a new record high for the second day in a row if it goes up   (money.cnn.com) divider line 58
    More: Dumbass, CNN, Hang Seng, JCP, DAX, European Economic Area, economic reports, ADP National Employment Report, Martha Stewart Living Omnimedia  
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2081 clicks; posted to Main » on 06 Mar 2013 at 12:28 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-03-06 12:01:46 PM
CSB:

I was in attendence to see Cal Ripken break the consecutive games played record.  Weeks after a bunch of suckers paid hundreds for a ticket, and millions watched on ESPN to see him break the same record!
 
2013-03-06 12:23:43 PM
How many grams does that equal?
 
2013-03-06 12:29:57 PM

downstairs: CSB:

I was in attendence to see Cal Ripken break the consecutive games played record.  Weeks after a bunch of suckers paid hundreds for a ticket, and millions watched on ESPN to see him break the same record!


So you are saying you are a sucker?
 
2013-03-06 12:30:25 PM
I briefly held the record for the youngest person on earth.
 
2013-03-06 12:30:34 PM
Just today, I broke the record for number of days I've been alive.
 
2013-03-06 12:31:15 PM
When does the profit taking start?

And after that when does the "OMG the DOW dropped from it's record high" "panic" start?

I'm hoping that most people have tuned out the DOW report.
 
2013-03-06 12:32:53 PM
I know that the markets go up and down, but this time there is no possible way it could possibly go down! HAHAHAHAHA!
 
2013-03-06 12:33:41 PM
Thanks Obama.
 
2013-03-06 12:36:15 PM
What really is amazing is how many records were set during the first Super Bowl. No Super Bowl since the first one has set so many Super Bowl records.
 
2013-03-06 12:37:23 PM
upload.wikimedia.org
 
m00
2013-03-06 12:38:44 PM

meat0918: When does the profit taking start?

And after that when does the "OMG the DOW dropped from it's record high" "panic" start?

I'm hoping that most people have tuned out the DOW report.


Soon. When the 1% decides it can get away with crashing the economy again for profit, and then lobby Congress for a bailout of the companies they crashed to start the cycle again. So sometime in late 2013, after the media quietly stops talking about sequestration.
 
2013-03-06 12:39:58 PM

EngineerAU: What really is amazing is how many records were set during the first Super Bowl. No Super Bowl since the first one has set so many Super Bowl records.


3.bp.blogspot.com
No one will ever beat the record of "Number of Cigarettes Smoked on Sideline".
 
2013-03-06 12:41:05 PM

m00: meat0918: When does the profit taking start?

And after that when does the "OMG the DOW dropped from it's record high" "panic" start?

I'm hoping that most people have tuned out the DOW report.

Soon. When the 1% decides it can get away with crashing the economy again for profit, and then lobby Congress for a bailout of the companies they crashed to start the cycle again. So sometime in late 2013, after the media quietly stops talking about sequestration.


Yeah, they won't try the same trick again so quickly.

They'd have the Tea Party and OWS teaming up on the National Mall clamoring for these bank CEOs heads.
 
2013-03-06 12:41:36 PM
When will they stop repeating themselves.  They sound like a broken record.
 
KIA
2013-03-06 12:48:14 PM
Except it's not the highest ever once the Fed's manipulation, devaluation and inflationary policies have been weighed.  http://www.npr.org/blogs/money/2013/03/05/173515767/the-dow-isnt-reall y-at-a-record-high-and-it-wouldnt-matter-if-it-were
 
2013-03-06 12:49:34 PM
I'm just waiting for it to trickle down
 
2013-03-06 12:52:59 PM
When Obama was re-elected, my boss was livid. Swore that Obama was going to start dismantling the economy, starting with Wall Street.

Yesterday was a fun day.

Today looks like it may be good too. I might mention the increase in millionaires and billionaires. You know: those job creators??!!
 
2013-03-06 12:59:01 PM

Jackpot777: When Obama was re-elected, my boss was livid. Swore that Obama was going to start dismantling the economy, starting with Wall Street.


Every time Obama spoke about the economy in his first term, the DOW tanked roughly 179% for the day. I'm glad he's not talking about the economy anymore.
 
2013-03-06 01:03:19 PM
Hang on... I'm just checking your math on that. Yes, I got the same thing.

4.bp.blogspot.com
 
2013-03-06 01:05:09 PM

Porndip Poonpat: downstairs: CSB:

I was in attendence to see Cal Ripken break the consecutive games played record.  Weeks after a bunch of suckers paid hundreds for a ticket, and millions watched on ESPN to see him break the same record!

So you are saying you are a sucker?


Heh.  I was just making a dumb joke about how Ripken technically broke this historic record every game after the one where he broke Gherig's record.  He was breaking his own record almost every day.

So if you saw him play in a game after 9/6/1995... you saw him break the record.

;)
 
m00
2013-03-06 01:14:14 PM

meat0918: Yeah, they won't try the same trick again so quickly.

They'd have the Tea Party and OWS teaming up on the National Mall clamoring for these bank CEOs heads.


I guess I'm pretty cynical. People will believe whatever the media tells them.


NBC Breaking News: Gun Nuts and Smelly Hippies Cause Traffic Hazards in DC, Advocate Insane Views.

Washingon, DC. A scene on the mall today erupted as the recent legislation to improve the economy brought out what one DC resident characterized as 'the crazies.'" According to our local Washington Desk, the bipartisan Strong Economy Act is widely seen as landmark legislation and expected to be a cornerstone of the President Obama's legacy. While some conspiracy theorists claim that SEA is merely giving a 3 trillion dollar handout to the 0.1% wealthiest Americans while cutting services for the poor and raising taxes on the middle class, both Republican and Democrat leaders disagree. Experts say the 3 trillion dollar spending package is a comprehensive incentive for the manufacturing and service sectors to jump-start consumer confidence, and the CBO has said it will add trillions to the economy over the next 10 years. The Obama Administration gave thanks to Republicans for helping to fast-track the SEA, and avoid a "complete economic meltdown."  Also in the news, a bill is on the floor of the House that would add more protections for anonymous donors to political campaigns including removing the existing maximum allowable contribution, and specifically include language that would protect corporations from unnecessary and wasteful audits of their lobbying. Both House Republicans and Senate Democrats are racing to get their version of the bill passed, as one insider to the Hill put, "to be seen as a leader on one of the most important free speech issues of our time."
 
2013-03-06 01:14:57 PM
This is kind of like when idiots and morons blather on about oil companies having record profits. Since there is inflation, they will and should have record profits every year, every quarter, every month. It is a useful way to identify retards though.
 
2013-03-06 01:15:53 PM
"Jim it's clear that if the Steelers can put more points on the board than the Cowboys, they stand a good chance of walking off the field with the victory today."

"Agreed Roger, but if you're the Cowboys you've got to be thinking that if they can't score more touchdowns than Pittsburgh, you're going to lose this ballgame today."

/Sportscasters - gotta be the easiest job in the world.
 
2013-03-06 01:20:03 PM

KIA: Except it's not the highest ever once the Fed's manipulation, devaluation and inflationary policies have been weighed.  http://www.npr.org/blogs/money/2013/03/05/173515767/the-dow-isnt-reall y-at-a-record-high-and-it-wouldnt-matter-if-it-were


So I shouldn't sell those Bethlehem Steel shares?  The framed certificate looks nice hanging on a bathroom wall.
 
2013-03-06 01:22:03 PM
Who are you, who are so wise in the ways of math?
 
2013-03-06 01:23:23 PM
farm5.staticflickr.com
 
2013-03-06 01:23:47 PM
I guess it's better than the math skills displayed by Fox & Friends.
 
2013-03-06 01:39:46 PM

Whistling Kitty Chaser: I guess it's better than the math skills displayed by Fox & Friends.


you may think the dow is up..but it is just 0bummers way of taking down america

you can't dispute that
 
2013-03-06 01:42:25 PM

Rapmaster2000: EngineerAU: What really is amazing is how many records were set during the first Super Bowl. No Super Bowl since the first one has set so many Super Bowl records.

[3.bp.blogspot.com image 850x569]
No one will ever beat the record of "Number of Cigarettes Smoked on Sideline".


I'm a sucker for old-time scoreboards.  That shot is beautiful!
 
2013-03-06 01:53:26 PM
assets.diylol.com
CNN's new motto... The most interesting things for idiots to stare at.
 
2013-03-06 01:56:53 PM
This thread is like one big
brisvaani.com
 
2013-03-06 02:02:48 PM
If only that meant something. Oh well... Big Numbers Yay!!
 
2013-03-06 02:34:31 PM
I see what they mean now.
2.bp.blogspot.com
 
2013-03-06 02:35:19 PM

St. Snuff: I'm just waiting for it to trickle down


It doesn't under Obama they just tax the shiat out of the rich, which forces them to lay you off, but its OK because all those taxes go towards extending unemployment.

It concerns me more than do many big investors are pulling money out of this stock market.
 
m00
2013-03-06 02:52:39 PM

steamingpile: It doesn't under Obama they just tax the shiat out of the rich, which forces them to lay you off, but its OK because all those taxes go towards extending unemployment.

It concerns me more than do many big investors are pulling money out of this stock mark


So is this why the rich is currently paying anywhere from 0-15% income tax? Or if you want to look at it another, considering TARP and the Stimulus went to the banking and lending industries, the rich actually paid negative taxes (they got money from the government).

So explain to me exactly how Obama is "taxing the shiat out of the rich." What taxes are we talking about here?
 
2013-03-06 02:52:42 PM
Approve ...

4.bp.blogspot.com

Of course they had the crop report
 
2013-03-06 02:53:11 PM
So in other words, one of those rare instances where CNN's reporting is accurate.
 
2013-03-06 03:06:41 PM
And some people are going to make a lot of cash, which is just as good as money.
 
2013-03-06 03:20:27 PM
azizonomics.files.wordpress.com
 
2013-03-06 03:20:34 PM
With every keystroke, I am breaking the record for how many characters I have posted in this thread.

//Take that!
 
2013-03-06 03:27:57 PM

EngineerAU: What really is amazing is how many records were set during the first Super Bowl. No Super Bowl since the first one has set so many Super Bowl records.


I'm betting this thread is going to set a record for "most references to setting a record."
 
2013-03-06 03:36:26 PM
If we had cheese we could have a ham and cheese sandwich.  If we had ham.
 
2013-03-06 03:49:49 PM

nocturn: If we had cheese we could have a ham and cheese sandwich.  If we had ham.


No bread?
 
2013-03-06 03:53:59 PM

m00: steamingpile: It doesn't under Obama they just tax the shiat out of the rich, which forces them to lay you off, but its OK because all those taxes go towards extending unemployment.

It concerns me more than do many big investors are pulling money out of this stock mark

So is this why the rich is currently paying anywhere from 0-15% income tax? Or if you want to look at it another, considering TARP and the Stimulus went to the banking and lending industries, the rich actually paid negative taxes (they got money from the government).

So explain to me exactly how Obama is "taxing the shiat out of the rich." What taxes are we talking about here?


He seems to be referring to the income tax for those earning $250,000+ being raised to 39.5%, the capital gains tax rate being raised to 20% and the gift & estate tax rate being raised to 39.5% as well.

But he also doesn't seem to recognize that unemployment rates are on the decline - if tax rates go up and unemployment goes down, then that does not indicate higher taxes are forcing companies and "the rich individual" are being forced to lay off employees.
 
2013-03-06 04:10:43 PM
wheresthefridge.files.wordpress.com
 
2013-03-06 04:26:59 PM

Why Would I Read the Article: Jackpot777: When Obama was re-elected, my boss was livid. Swore that Obama was going to start dismantling the economy, starting with Wall Street.

Every time Obama spoke about the economy in his first term, the DOW tanked roughly 179% for the day. I'm glad he's not talking about the economy anymore.


imgs.xkcd.com
 
2013-03-06 04:32:20 PM

steamingpile: It doesn't under Obama they just tax the shiat out of the rich, which forces them to lay you off


Bullshiat -- wages are tax-deductible, as are healthcare expenses.
 
m00
2013-03-06 04:42:11 PM

St. Snuff: m00: steamingpile: It doesn't under Obama they just tax the shiat out of the rich, which forces them to lay you off, but its OK because all those taxes go towards extending unemployment.

It concerns me more than do many big investors are pulling money out of this stock mark

So is this why the rich is currently paying anywhere from 0-15% income tax? Or if you want to look at it another, considering TARP and the Stimulus went to the banking and lending industries, the rich actually paid negative taxes (they got money from the government).

So explain to me exactly how Obama is "taxing the shiat out of the rich." What taxes are we talking about here?

He seems to be referring to the income tax for those earning $250,000+ being raised to 39.5%, the capital gains tax rate being raised to 20% and the gift & estate tax rate being raised to 39.5% as well.

But he also doesn't seem to recognize that unemployment rates are on the decline - if tax rates go up and unemployment goes down, then that does not indicate higher taxes are forcing companies and "the rich individual" are being forced to lay off employees.


Yeah, okay. See I don't consider someone earning $250k/yr as rich. People who make 250k/yr have to show up to work every day, and in my experience work damn hard. These are highly skilled experts in their field. Like key programmers at a software company, key engineers, etc. This isn't C-level-exec money.

Truly wealthy people don't make money off salaries, they make money from capital gains and getting other compensation (shares, stake, etc). They make money because they have stock in their company, and dump it at the right time. These are guys like Mitt Romney; people who have hundreds of millions in assets and "earn" tens of million of dollars a year by having their money work for them. When Obama says "soak the rich" what he apparently means is "soak the upper middle class highly skilled worker" Cap gains tax should be higher than wage taxes in my opinion. You can even set a threshold... "cap gains exceeding 1 million dollars a year gets taxed more. Estates exceeding 10 million dollars in total get taxed more." This would soak the rich.
 
2013-03-06 05:03:17 PM

Jackpot777: When Obama was re-elected, my boss was livid. Swore that Obama was going to start dismantling the economy, starting with Wall Street.

Yesterday was a fun day.

Today looks like it may be good too. I might mention the increase in millionaires and billionaires. You know: those job creators??!!


But isn't Obama the one that has been running around for the last month flailing his arms and shouting "We're all going to die!  DIE I say!"?
 
2013-03-06 06:23:20 PM
You think THAT'S bad?  Half of the people in the United States make less than the median income!!!!!!
 
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