Political discussions about everything
#30762
US House of Representatives Speaker John Boehner pitches short-term debt-ceiling increase ahead of key White House meeting . Stocks on Wall Streets picked up sharply as word seeped out of a meeting between Mr Boehner and members of his Republican caucus.

“I would hope that the president will look at this as an opportunity and a good-faith effort on our part to move halfway - halfway to what he’s demanded - in order to have these conversations begin, now Obama needs to move halfway or a shut down in six weeks is all on him.” Mr Boehner said after detailing the plan to Republican members.

AP political reporter Kasie Hunt called Boehner's move very artful and one that will force Obama to give in on several GOP demands on Obamacare or face being the one who results in a shut down. Now the ball in the Democrat's and Obama's hand and they're caught off guard and not sure what to do with it.
Just when I was starting to doubt Boehner he hits one out of the park. :D
#30787
What am I missing here? John Boehner just wants this to drag out 6 weeks longer as I understand it he hasn't agree to Obama's demands. They have had two years discussing this, what it 6 weeks going to do? How does that make Boehner the big man that resolved this crisis?
#30810
I thought bones said there would be NO COMPROMISE!!!
Obama always says that but he buckles every time. He'll do it in this case just as he did with Assad. Notice 3 years after Obama said Assad's days are limited Assad is stronger than ever? Bones is a good name for him, he's the most limp wrist President we've had.
#30820
Delusional moron.

So, John Boehner eases up on his hostage taking extortion and the DOW goes up. That seems reasonable.

Now the totally malice filled stupid delusional part. Some total morons think that the kidnapper/extortionist is a good guy for saying he isn't going to kill the hostage for a few days? What kind of sick person thinks that way?? We know, a teabagger.
#30827
Now for the rational analytic financial explanation for the Dow pop-up.

A great many entities were shorting the market. Boehners announcement made them afraid that the disaster they were expecting just might not occur. Thus, they needed to jump in and cover their shorts, buy the market, driving up the market, temporarily.
#30832
That's one explanation. And, without knowing the details of why people made their trades yesterday, we won't know.

For myself, I put in new money each and every month. I do that regardless of whether the markets are up, down, or sideways.

As to ongoing investments, I've been moving more over the past few years to very large cap.

Emerging markets are now underperforming, and I'm trying to decide whether to move more toward them or whether they'll continue to underperform for the next few years.
#30851
Some total morons think that the kidnapper/extortionist is a good guy for saying he isn't going to kill the hostage for a few days? What kind of sick person thinks that way??
Hey it's you liberals that think Obama is a good guy. The GOP needs to follow Obama's example and take some vacation or go golfing and tell Obama when he's ready to accept their offer getting the Country running again to give them a call.

Where the hell is Biden?
#30861
This was not my speculation. This has been reported on many financial news programs. So you may have all your false uninformed speculations to support a delusional world view as to what happened, but as usual, the real data differ.
A liberal interested in real data :lol: :lol: :lol:

You want real data, Obama has increased our debt more than all other Presidents combined and people are worse off than when he came into office, especially the poor and middle class, now that's real data.

In the last two days Boehner has brought up the DOW over 400 points.

Where's Biden?
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