Uh-oh, more bad news for the democrats

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August 25th, 2004, 03:05 PM
Zil

Quote:

Originally Posted by techs

Second. The Dow is back over 10,000? It was at 12,400 when Bush took office.

The Dow was never above 12,000 (peak of 11,722.98) and the average on the day Bush took office was 10,587.59 (jan 19) or 10,578.24 (jan 22). Right now the average is at 10,181.74, so its down 400pts. This was the easiest of your arguments to defeat, gimme a bit and I'm sure I can find more inconsistencies. Are you just making up numbers?
August 25th, 2004, 05:07 PM
Major Kong
Well Shoot Far let's just gander at the time line. Hmmmm...very interesting. Seems the Dow fell over a 1,100 points in April 2000 (oy do I remember that). Just stats that can be found anywhere if your willing to look and want to know the REAL story. I wonder how much Alan Greenspan had to do with any of these numbers? https://forums.windrivers.com/images.../2005/03/1.gif

1998
- July 17 - Dow hits all time high of 9337.97
- Nov. 23 - Dow hits all time high of 9374.27
1999
- Jan. 8 - Dow up 105 to new high of 9643
- March 5 - Dow up 268 to new high of 9736
- March 11 - Dow up 124 to new high of 9897
- March 18 - Dow hits high close of 9997
- March 29 - First ever Dow close above 10000
- April 29 - Dow hits high of 10878
- May 3 - Dow breaks 11000 - new high of 11014
- May 13 - Dow closes at 11107
- May 25 - Dow falls 298 points 2.75% in two days
- July 16 - Dow close 11209 - New all time high
- August 25 - Dow close 11326 - New All time high.
- Oct. 15 - Dow trades below 10000 - closes at 10019
- Dec. 31 - Dow up 44 to all time high of 11497
2000
- Jan. 14 - Dow hits new high of 11722.98
- Feb. 11 - Dow falls 218 to 10425 - correction - 11% below 2000 high.
- Feb. 18 - Dow falls 295 to 10219 - correction - 11% below start of 2000.
- Feb. 25 - Dow falls 230 to 9862 - first close below 10000 since 4/1/99
- March 7 - Dow falls 374 to 9796 - below Feb. 25 close.
- March 16 - Biggest 1 day Dow rise ever - up 499 to 10630.
- April 4 - Dow down 496.47 intra-day. Closes down 47
- April 14 - Dow down 616 - biggest one day points fall in history
2001
- Jan. 5 - Dow down 250 - ends week down despite rate cuts.
- March 14 - Dow closes below 10000 - first time since Oct. '00
- March 16 - Dow falls 203 points to 9827
- March 22 - Dow hits intraday low of 9106, closes at 9389
- April 5 - Dow rallies 403 points to 9918
- August 30 - Dow closes below 10000
- Sept. 11 - Terrorist attack on World Trade Centre and Pentagon
- Sept. 21 - Dow loses 1370 points in a week
- Oct. 25 Dow hits 9545 - regains all but 60 points of Sept 17-21 losses.
- Nov. 9 - Dow regains ALL of Sept 17-21 losses
- Dec. 5 - Dow rises 221 points and regains the 10000 level
- Dec. 10 - Dow closes at 9921 - back below the 10000 level
- Dec. 31 - Dow loses 7.11% in 2001 - second losing year in a row
2002
- Jan. 11 - Dow falls 80 points to 9987, back below 10000 again.
- March 1 - Dow up 263 points to 10368 - highest level since August 2001
- April 26 - Dow falls 124 points - slips back BELOW 10000
- June 7 - Dow falls 35 points to new 2002 low of 9589
- June 14 - Dow falls 28 points to new 2002 low of 9474
- June 21 - Dow falls 178 points to new 2002 low of 9253
- July 5 - Dow gains 324 points (3.6%) in half day trading
- July 12 - Dow loses 7.4% (695 points) in a week
- July 19 - Dow down 390 to 8019 - BELOW 09/21/01 low
- July 23 - Dow closes at 7702
- July 24 - Dow up 489 or 6.3% - biggest one day percentage rise since 1987
- Sept 19 - Dow down 230 to 7942 - first close below 8000 since July 23
- Sept 24 - Dow closes at new 2002 low of 7683
- Oct 9 - Dow closes at new 2002 low of 7286
- Oct 18 - Seven day rally - Dow gains 1036 points to 8322
- Oct 31 - Dow close 8397 - up 10.6% for Oct. First "up" month since March
- Nov 29 - Dow close 8896 - up 5.9% for Nov. Second "up" month in a row
- Dec. 31 - Dow loses 16.80% in 2002 - THIRD losing year in a row
2003
- Jan. 24 - Dow falls 238 points to 8131 - in negative territory for 2003.
- Jan. 31 - Dow close 8053. Down 288 points or 3.45% for the month.
- Dec. 31 - Dow gains 25.32% in 2003 - reaches May 2002 highs
2004
- July 23 - Dow closes below 10000 for the first time in three months
August 25th, 2004, 05:12 PM
jaeger

Quote:

Originally Posted by Cleetus

Are you really that shallow to think that Democrats hate America?

Nah, but many of them hate Republicans with such intensity they wouldnt mind watching the country stumble painfully to see that party lose prestige and power. The hardcore Republicans are just as bad, but they don't have any reason to play spoiler right now.
August 26th, 2004, 08:59 AM
Ya_know

Hey Major, you got a link for those stats? I want to share them with some people I know... :thumbs:
August 26th, 2004, 10:11 AM
Major Kong

Quote:

Originally Posted by Ya_know

Hey Major, you got a link for those stats? I want to share them with some people I know... :thumbs:

I'm tied up today with work stuff (I have to go to Nome for the day). I'll probably get back this evening. I'll see about getting you a link when I get back. The information came from a web site that documents all of the major international finacial markets. I for the life of me can't remember the web site address though. I'll get it for ya this evening. https://forums.windrivers.com/images.../2007/09/1.gif
August 27th, 2004, 06:54 AM
techs

Quote:

Originally Posted by techs

Once again JaxSon is so desperate he distorts the truth.
First off the unemployment figure is not reall the "unemployed". For instance it does not count those who have given up actively seeking work. And if he listed the figures further back he would see it was in the 4 percent range when Clinton was President. Plus it counts as employed people who lost 50,000 a year jobs and now work at minimum wage jobs.
Second. The Dow is back over 10,000? It was at 12,400 when Bush took office.
Third. Consumer confidence is up? Up from it's ridiculously low levels? Could the Bush disinformation campaign telling everyone how great the economy is be influencing people? Of cours.
Fourth. Orders for durable goods up 1.7 percent? Yes and no. If you exclude the extremely variable aircraft industry where one order can be billions of dollars it went up .1 percent. Not just neglible but within the margin of error. Therefore little if any growth.
Fifth. If you read further it says the economy has actually slowed down. the report is consistent with an economy still expanding, but at a slower rate,” so JaxSon is telling us a slowing economy is good? Only in his dreams.
Sixth. Worker productivity is up. That means we are producing more from each worker. Which means that workers are working harder. I would work harder too if my job could be outsourced (and will be) at any minute.
Seventh. In fact the statistics show a worse economy than expected. . Treasury bond prices rallied after the report’s release, as it was not as strong as some traders had feared this means that bond traders who sell more bonds in a bad economy had feared there would be a better report. They are relieved that the economy has done worse than predicted.
Eight. It says we lost 2.7 million manufacturing jobs from jan 2001 til july of this year. It somehow equates worker productivity with employment. As explained earlier worker productivity is per worker. It has nothing to do with the number of workers. In fact it is the slowdown in the Chinese economy which has slowed outsorcing.
Nine. Factories ran at 76.8 percent. Which means almost 25 percent of capacity is not being used. Far less than the 90 percent plus during the Clinton years.

And lastly,
This is a report from an agency, the Commerce Dept. that is supervised by, you guessed it, the President. It has tried to put a good spin on BAD news.
Refute this if you can, JaxSon

Notice how JaxSon just disappears when his lies are exposed? He hasn't responded. Its been days. He (and Bush) hope you just read what they say and don't look into it. This is the same kind of lying, deceitful campaing JaxSon is running on WD.
I challenge you to refute this once again, JaxSon.
August 27th, 2004, 09:25 AM
Zil

Quote:

Originally Posted by techs

Notice how JaxSon just disappears when his lies are exposed? He hasn't responded. Its been days. He (and Bush) hope you just read what they say and don't look into it. This is the same kind of lying, deceitful campaing JaxSon is running on WD.
I challenge you to refute this once again, JaxSon.

Ummm, Major Kong and I just shot down your Dow argument and you haven't replied to it either.
August 27th, 2004, 09:47 AM
techs

Quote:

Originally Posted by Zil

Ummm, Major Kong and I just shot down your Dow argument and you haven't replied to it either.

I admitted I was wrong. Instead of Bush taking over with a Dow at 12,400 it was 10,700.
Doesn't change the fact it is 10,100 now. The first President since Hoover to see the Dow lower at the end of 4 years in office.

Where are you JaxSon?
August 27th, 2004, 09:53 AM
Zil

Quote:

Originally Posted by techs

I admitted I was wrong. Instead of Bush taking over with a Dow at 12,400 it was 10,700.
Doesn't change the fact it is 10,100 now. The first President since Hoover to see the Dow lower at the end of 4 years in office.

Where are you JaxSon?

Maybe he doesn't have to even answer you, since your "facts" and "figures" are bogus anyway?
August 27th, 2004, 09:57 AM
techs

Quote:

Originally Posted by Zil

Maybe he doesn't have to even answer you, since your "facts" and "figures" are bogus anyway?

I noticed you did not find anything else wrong.
August 27th, 2004, 09:59 AM
Zil

Quote:

Originally Posted by techs

I noticed you did not find anything else wrong.

Like I said, that was the easiest to disprove. If you can't get that easy fact right, why should the rest be right?

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