Rob's Lobs

Oh, thank goodness. For a minute I thought that former D.C. mayor Marion Crackhead Barry had thrown down.

Okay, since Barack Hussein Obama's friends call him Barry, and since that's what you called him, am I to deduce that you are a friend of Barack Hussein Obama?

Well, I guess not, since you said you would not vote for him.

On the other hand, what you actually said was that I would not catch you voting for him. Knowing you, Doug, that could mean that you'd still vote for him, but that I just wouldn't catch you doing so.

One thing's for sure, you won't catch many rednecks from VA voting for a black man, right Rob? I read that CBS had to close its website because so many racist rednecks were ruining it. I'm wondering how the fascist wing of the republican party will attack Obama during the election...they can hardly use the one they used against McCain,..ie he had a black baby. But I'm sure they'll come up with something, that is if they don't hire a hit man first.

You know, it occured to me that God might be after you rednecks, all the hurricanes in the red states and all.

Tatnic,
I was self employed in an agricultural business for nearly 30 years and didn't receive a cent from the govt. in subsidies , yet I paid them taxes , and double ss taxes all that time since I had no employees. Never got unemployment, welfare, foodstamps, regardless of how much or little I took in. The American farmers that I know are getting screwed daily. That's why they are disappearing so fast. Just wait until corporate farms control the food supply. High gas prices will not be a problem anymore. You should thank guys like Lyehopper everytime you eat.

--------------billyjoe

BJ....just because you didn't know how to work the system doesn't mean much. Farming is one of the most highly subsidized industries in this country, and its also one of the biggest employers of illegals. Should we be subsidizing that?

You should also check out the growing organic farming industry....that's where the money's being made, and its mostly small farmers who are doing it.

[IIC]

Oh, thank goodness. For a minute I thought that former D.C. mayor Marion Crackhead Barry had thrown down.

Okay, since Barack Hussein Obama's friends call him Barry, and since that's what you called him, am I to deduce that you are a friend of Barack Hussein Obama?

Well, I guess not, since you said you would not vote for him.

On the other hand, what you actually said was that I would not catch you voting for him. Knowing you, Doug, that could mean that you'd still vote for him, but that I just wouldn't catch you doing so.

LOL

Actually, a ways back on News Radio I heard that he had attended Occidental College(in Eagle Rock) at one time where he was known as Barry.

I don't know him...but even if he was a friend of mine it doesn't mean I'd vote for him...I keep friendships and politics separate...If I didn't, everybody(almost) in my neighborhood would hate me...But who knows?...Maybe they all hate me anyway...LOL

'Ya know it used to be nice the way they ran the primaries...There was never a line in the Republican side of the voting room.

[Rob]

Two of the best posts I read this morning.

Just this morning? That reminds me of "Arthur," the Dudley Moore character, when he said to the woman he was dining with: "You are the most beautiful woman ... at this table." LOL

But seriously, Peanuts, thanks for the compliment.

[Rob]

Barry is what Obama's friends call him.

Oh, thank goodness. For a minute I thought that former D.C. mayor Marion Crackhead Barry had thrown down.

Okay, since Barack Hussein Obama's friends call him Barry, and since that's what you called him, am I to deduce that you are a friend of Barack Hussein Obama?

Well, I guess not, since you said you would not vote for him.

On the other hand, what you actually said was that I would not catch you voting for him. Knowing you, Doug, that could mean that you'd still vote for him, but that I just wouldn't catch you doing so.

[IIC]

Barry is what Obama's friends call him.

[Lyehopper]

Tatnic,
You really know how to appeal to people in Christian love.

I would suggest to you that calling people names is not an effective way to win friends.

Just a suggestion.

LOL!.... Actually NBB, Tatnic and me don't really want to be "friends."

[New-born baby]

Gorilla's View

Here's what the Gorilla thinks:
Besides the fact that corporate profits are strong, interest rates and P/E
levels are historically low, and there is still hordes of cash waiting on the
sidelines, U.S. stock investors are still very pessimistic! You see, over the
past two and a half years, almost THREE TIMES as much cash has flowed into non-
domestic stock funds than into domestic stock funds. It is a comfort for bulls
to know that demand for U.S. stocks is still modest. Why? Because as educated
investors know so well, fund investors have a long history of being
contrarians, as the result of performance-chasing, trend-following, and all of
the other emotional traps into which the average investor so often falls. It
is a well-documented phenomenon that stocks tend to peak when investors are
the most bullish (when nobody is left to buy stocks?), and reach a bottom at
the point of maximum pessimism (when there is nobody left to sell).

There have been numerous examples of this phenomenon in history. Back in the
1960s, investors first fell in love with stock funds, just before the great
bull market collapsed in the steep declines of 1969-70 and 1973-74. In 1993,
net cash flow into bond and income funds surged to a record high of $114
billion, just before the bond bear market of 1994! Most of us know that the
biggest month in history for net flows into stock funds occurred in February
of 2000, when almost $54 billion was attracted. At the same time, the Great
Bull market of the 1990s was taking its last breath! Oh by the way, which
month do you think was the WORST month on record for stock fund flows? July of
2002, when investors PULLED OUT $53 billion at almost the exact bottom of the
2000-02 bear market. How's that for perfect timing! But, don't blame the
average investor. They cannot help it. Human emotion cause most investors to
act irrationally. (This is EXACTLY why thousands and thousands of investors in
over 55 different countries have flocked to GorillaTrades; to help them avoid
the pitfalls and performance-reducing elements of human emotion.)

[New-born baby]

My point was, for those of you that are intellectually challenged, is that Lye is a moron because he can't read and comprehend. I logically come to that conclusion after his idiotic post. I already know that he's a light weight when it comes to the stock market, a dolt who's advise is laughable, but he's a heavy weight when it comes to moronic posts. Lye, go back and read (or have your son read it for you) my post about "crank" and how it can dissappear over night and tell me where I said anywhere in that post that crank is here in the country, killing our red state boys and girls, because of farmers. Any time you put stupid words in my mouth I will shove them down your fat stomach.

Tatnic,
You really know how to appeal to people in Christian love.

I would suggest to you that calling people names is not an effective way to win friends.

Just a suggestion.

[Lyehopper]

My point was, for those of you that are intellectually challenged, is that Lye is a moron because he can't read and comprehend. I logically come to that conclusion after his idiotic post. I already know that he's a light weight when it comes to the stock market, a dolt who's advise is laughable, but he's a heavy weight when it comes to moronic posts. Lye, go back and read (or have your son read it for you) my post about "crank" and how it can dissappear over night and tell me where I said anywhere in that post that crank is here in the country, killing our red state boys and girls, because of farmers. Any time you put stupid words in my mouth I will shove them down your fat stomach.

Tatnic, why do I make you so angry? Let me answer that for you. You get so irritated at me because YOU know I've got you pegged as a blithering, mindless, lightweight, left-wing Socialist. If you'd just move a few hundred more miles north, you'd be RIGHT at home!

I would expect something that clueless from the fat farmer. Let me explain.

So far during dumbya's term the SP500 is basically flat year over year (0.4% annual rate of return). During Clinton's 8 year stay the SP500 annual rate of return was 16%. If anyone was dumb enough to follow your advise here's how they would have fared:

$1,000 invested per Rob's logic would be worth $1,515 now, assuming that during the clinton years you had the money in bonds or similar paying 5%, and then you stuck that cash into the SP500 during dumbya's error.

But investing with the democrats would be worth $4,447 or almost 3 times as much. That's 16% over 8 years and then during dumbya's term you'd have the money in bonds or similar paying 5%.

That's a difference of almost 200%....trust me, that's a big difference.

let me clarify that further...during the last tenure of an all democratic run government (95-2001), the SP500 returned over 19% annually....as compared to a flat performance over the same period of time under the latest all republican govt.

The worse recession (and stock market performance) in the past 50 years was during Nixon's reign in the early 70's. Rob, my advise to you would be to turn off your TV, or at least stop listening so intently to larry kudzu...the guy's a whack job hack.

[peanuts]

Let me see if I can provide a little info on the plus side ...

The DJIA high of 11,750.28 on 1/14/2000, if you base it on 2007 dollars, would be 14,012.21, about 5.6% higher than Firday's close.

The GDP growth has slowed a little but is still growing. That's not a problem. In fact sometimes slower growth is what you want, so as not spur inflation and higher interest rates.

The S&P 500 P/E is currently 18.31, which, as you can see from this chart, is about half what it was at the beginning of 2000 and near the lows for the past decade. I view the divergence of the declining P/E ratio and the increasing price as a good, healthy one.

Because in 2000, it was a bubble, and now there is more substance behind the recent increases. The earnings of the S&P 500 are about twice what they were 7 years ago.

Here's a chart I created. Anyone is free to draw their own conclusions.

Two of the best posts I read this morning. Thanks, Rob. No sense in arguing today when you can just point and laugh in a few years at those that think differently.

Disagreement is normal and should be welcomed. It's the other stuff that I don't see the need for. I don't think Lye's post used anything like that and except for it's sarcasm wasn't as derogatory as calling someone a moron. I know Lye and have had dealings with him aside from this forum and I know for a fact that he is a hard working businessman and is definitely not a moron. Opinionated yes but aren't we all.

My point was, for those of you that are intellectually challenged, is that Lye is a moron because he can't read and comprehend. I logically come to that conclusion after his idiotic post. I already know that he's a light weight when it comes to the stock market, a dolt who's advise is laughable, but he's a heavy weight when it comes to moronic posts. Lye, go back and read (or have your son read it for you) my post about "crank" and how it can dissappear over night and tell me where I said anywhere in that post that crank is here in the country, killing our red state boys and girls, because of farmers. Any time you put stupid words in my mouth I will shove them down your fat stomach.

[Rob]

You won't catch me voting for Hillary or Barry...

Nor me, but who the heck is Barry?

But, although both sides always talk it up...I don't really think it matters a whole lot who wins.

If you think health care is expensive now, wait till you see how much it costs when it's "free."

Yes, earnings yields are higher on the SP than in 2000...But nowhere near as high as they were in the '70's when the market really stunk

Regardless of the yields (do you buy stocks for the dividends?) the bottom line earnings are what stand to take a hit in a heavy taxation environment.

The Bush administration, while having stimulated growth through tax cuts, has an abysmal record of big spending, even without the war on terrorists. In that regard the modern Republican party is too far left, but the modern Democratic party is so far left they've gone over the edge.

As far as Clinton goes, he had the benefit of "the peace dividend," thanks to the policies of ol' Dutch, which were met with resistance by the Dems at every turn. He also benefitted by the meat of the first Internet-age tech boom (a large factor in the 2000 bubble, by the way), as well as a House and Senate both controlled by Republicans for the final 75% of his administration.

Of course there's no way to know what would have happened if Carter had won in 1980 or Mondale in 1984. If Dukakis had won in 1988, would Kuwait now be part of Iraq? Who knows? If Gore had won in 2000 (which he didn't, as multiple Florida recounts showed) or Kerry in 2004, would the Dow be over 13,000 today? Who knows? It seems to me the economic outlook might be best when one party controls the White House and the opposing party controls both houses in congress.

It's just my opinion that any move toward further socialization is bad for the economy, as nearly a century of world history shows.

[IIC]

Nice chart...But I can't draw any conclusions from it.

You won't catch me voting for Hillary or Barry...But, although both sides always talk it up...I don't really think it matters a whole lot who wins.

Yes, earnings yields are higher on the SP than in 2000...But nowhere near as high as they were in the '70's when the market really stunk:

http://www.investmenttools.com/equities/fundamentals/s___p_500_earnings_yield.htm

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/spearn.htm

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