S&P 500 ends at another record after strong jobs data

Comments (4)
Naksuthin wrote:

We all need to be reminding where our 401K’s stood 5 years ago when the last Republican President prepared to turn over the keys to the White House and an economy decimated by the worst recession in US history.

In January 2009 As Bush got ready to hand over the White House to Obama , the US was on the edge of economic collapse. Newcasters were calling it possibly the “Second Great Depression”. President Bush called all his economic advisers and the candidate Obama and McCain into a huddle, trying to decide what to do. The economic situation was so dire that Senator McCain suggested they bring the presidential campaign to a halt….something that has never been done in US history.
Suddenly the Dow plunged to From 14000 points down to 8000. The Nasdaq plunged from 2800 all the way down to 1500. Everyone who had a 401K watched in horror their 401K’s lost about half it’s value. The Investment Company Institute, a trade group for the mutual-fund industry, says that retirement assets lost $2.1 trillion in the year ending Sept. 30, 2008

In 2009 the price of your house and mine was falling like a rock due to 8 years of poor lending practices and gambling by banks. People were starting to default on their home loans
The resulting deluge of defaulting loans created an implosion of the housing market and home prices came crashing to earth. Everyone was losing equity. No one was buying. People started abandoning whole neighborhoods to the repo man.

In 2009, before Obama took office, The Banks were collapsing, weighed down by subprime loans . Big Giants like Bear Sterns, Citigroup Inc., Morgan Stanley ,American International Group, Inc., Goldman Sachs, and Fannie Mae and Freddie Mac, had to be bailed out by the taxpayer …while other iconic giants like Lehman Brothers, Countrywide, Washington Mutual, and Indymac collapsed in bankruptcy. Other giants like Merrill Lynch had to be absorbed by other banks

In 2009 Unemployment had skyrocked. Between 2007 and 2009 the US lost 5.6 million jobs in the Great Recession. In final month of the Bush Administration , the private sector shed over 800,000 jobs in January alone.

In 2009 As Bush prepared to leave, The Giants of the American auto industry were in deep trouble. In 2008 gas was 4 dollar a gallon and US automakers had nothing in the pipeline but SUVs and Big Trucks. Customers started turning to Japanese fuel efficient cars. The Big Three were in deep trouble and pleaded with the Bush administration for federal bailout money

IN 2009 Terrorism was uppermost in the minds of most
Americans. Orange alerts, airport searches. Images of terrorists striking American cities, Gitmo, the Patriot Act, Iraqi prisoners at Abu Ghraib prison…..and who can forget those regular threatening taped messages from Osama Bin Ladin,

And Obama was not even President yet

In 2009 America was stuck in two long drawn out expensive wars ,: Iraq and Afghanistan. Bush invaded Iraq in a fruitless hunt for ‘WMD’S..which turned out to be non existent….. and Bush invaded Afghanistan in a fruitless hunt for Osama Bin Laden…who turns out was living comfortably in Pakistan.
When Obama took office we had already been mired in Iraq and Afghanistan for about 7 years. Civil war had broken out in Iraq and Afghanistan had been all but abandoned as US troops and supplies were diverted to save Iraq war from collapse. What had started out as a quick, cheap and easy war to topple Sadaam grew in to a protracted expensive trillion dollar civil war between Sunnis and Shiah’s…with American troops caught in the crossfire and future generations getting stuck with the bill.
Millions of Christian Iraqis fled across the border to escape the carnage. Daily bombings, mass slayings, sectarian killings, roadside bombs. Who can forget??

NOW LOOK AT WHERE WE ARE TODAY

Today The DOW has soared into record territory and the NASDAQ hasn’t been this high since the Clinton years. Today the S&P soared into record territory too. If you have your retirement savings in stocks, you are back in the drivers seat. Your retirement savings have recovered all they lost during the Bush Great Recession. Americans who once saw their 401K’s cut in half during the closing days of the Bush Administration can breath easier once again.

American businesses too are prospering. US business are now flushed with so much money….over 2 trillion dollars in cash…that they are having trouble deciding if they should use it to buy out their competitors or buy back their own stock.

Today the US is gaining 100,000-200,000 jobs a month instead of bleeding 800,000 jobs. America began creating more jobs than it lost. And every single month since February 2010 has been accompanied by more jobs created.

This month the report on Jobless claims came out showing jobless claims declined by 26,000 to 323,000 in the week ended March 1, the least since the end of November and fewer than any economist forecast in a Bloomberg survey. Other data showed consumers’ views of the economy reached an almost seven-month high, according to Bloomberg’s weekly index of sentiment. And last month….The U.S. economy added 175,000 jobs , marking an improvement from January and topping economists’ expectations. Meanwhile, the unemployment rate ticked up to 6.7%, from 6.6% the prior month as more Americans joined the labor force. Both numbers were reported by the Department of Labor on Friday morning.
Falling dismissals set the stage for additional hiring, helping spur household confidence and giving Americans the wherewithal to boost spending.

The US auto industry is back on it’s feet , thanks to a bailout by the Obama Administration…..and today the Big Three is the pride of the world auto industry…. with record breaking sales and innovative new products.

Banks which lead the US into disaster in 2008 and had to be bailed out by Bush…are back to profitability. Most of the banks were so profitable they paid off their Tarp loans. Banks are back in the black.

Today the long expensive war in Iraq is OVER.

And no one needs to be reminded about housing. Housing prices are going back up dramatically. Home builders are building again. No more abandoned homes in your neighborhood, I am sure. Those nightmare days are over

And as for the war on terror, Osama Bin Ladin, who theatened the US for almost a decade. is DEAD..fulfilling a promise Obama made in Americans in the 2008 debates. Never again will Americans have to listen to another tape
recorded message mocking the US and threatening harm.
And Al Qaeda’s top leadership is either dead or in hiding thanks to Obama’s reliance on successful and deadly predator drone attacks

Mar 07, 2014 4:36pm EST  --  Report as abuse
Naksuthin wrote:

We all need to be reminding where our 401K’s stood 5 years ago when the last Republican President prepared to turn over the keys to the White House and an economy decimated by the worst recession in US history.

In January 2009 As Bush got ready to hand over the White House to Obama , the US was on the edge of economic collapse. Newcasters were calling it possibly the “Second Great Depression”. President Bush called all his economic advisers and the candidate Obama and McCain into a huddle, trying to decide what to do. The economic situation was so dire that Senator McCain suggested they bring the presidential campaign to a halt….something that has never been done in US history.
Suddenly the Dow plunged to From 14000 points down to 8000. The Nasdaq plunged from 2800 all the way down to 1500. Everyone who had a 401K watched in horror their 401K’s lost about half it’s value. The Investment Company Institute, a trade group for the mutual-fund industry, says that retirement assets lost $2.1 trillion in the year ending Sept. 30, 2008

In 2009 the price of your house and mine was falling like a rock due to 8 years of poor lending practices and gambling by banks. People were starting to default on their home loans
The resulting deluge of defaulting loans created an implosion of the housing market and home prices came crashing to earth. Everyone was losing equity. No one was buying. People started abandoning whole neighborhoods to the repo man.

In 2009, before Obama took office, The Banks were collapsing, weighed down by subprime loans . Big Giants like Bear Sterns, Citigroup Inc., Morgan Stanley ,American International Group, Inc., Goldman Sachs, and Fannie Mae and Freddie Mac, had to be bailed out by the taxpayer …while other iconic giants like Lehman Brothers, Countrywide, Washington Mutual, and Indymac collapsed in bankruptcy. Other giants like Merrill Lynch had to be absorbed by other banks

In 2009 Unemployment had skyrocked. Between 2007 and 2009 the US lost 5.6 million jobs in the Great Recession. In final month of the Bush Administration , the private sector shed over 800,000 jobs in January alone.

In 2009 As Bush prepared to leave, The Giants of the American auto industry were in deep trouble. In 2008 gas was 4 dollar a gallon and US automakers had nothing in the pipeline but SUVs and Big Trucks. Customers started turning to Japanese fuel efficient cars. The Big Three were in deep trouble and pleaded with the Bush administration for federal bailout money

IN 2009 Terrorism was uppermost in the minds of most
Americans. Orange alerts, airport searches. Images of terrorists striking American cities, Gitmo, the Patriot Act, Iraqi prisoners at Abu Ghraib prison…..and who can forget those regular threatening taped messages from Osama Bin Ladin,

And Obama was not even President yet

In 2009 America was stuck in two long drawn out expensive wars ,: Iraq and Afghanistan. Bush invaded Iraq in a fruitless hunt for ‘WMD’S..which turned out to be non existent….. and Bush invaded Afghanistan in a fruitless hunt for Osama Bin Laden…who turns out was living comfortably in Pakistan.
When Obama took office we had already been mired in Iraq and Afghanistan for about 7 years. Civil war had broken out in Iraq and Afghanistan had been all but abandoned as US troops and supplies were diverted to save Iraq war from collapse. What had started out as a quick, cheap and easy war to topple Sadaam grew in to a protracted expensive trillion dollar civil war between Sunnis and Shiah’s…with American troops caught in the crossfire and future generations getting stuck with the bill.
Millions of Christian Iraqis fled across the border to escape the carnage. Daily bombings, mass slayings, sectarian killings, roadside bombs. Who can forget??

NOW LOOK AT WHERE WE ARE TODAY

Today The DOW has soared into record territory and the NASDAQ hasn’t been this high since the Clinton years. Today the S&P soared into record territory too. If you have your retirement savings in stocks, you are back in the drivers seat. Your retirement savings have recovered all they lost during the Bush Great Recession. Americans who once saw their 401K’s cut in half during the closing days of the Bush Administration can breath easier once again.

American businesses too are prospering. US business are now flushed with so much money….over 2 trillion dollars in cash…that they are having trouble deciding if they should use it to buy out their competitors or buy back their own stock.

Today the US is gaining 100,000-200,000 jobs a month instead of bleeding 800,000 jobs. America began creating more jobs than it lost. And every single month since February 2010 has been accompanied by more jobs created.

This month the report on Jobless claims came out showing jobless claims declined by 26,000 to 323,000 in the week ended March 1, the least since the end of November and fewer than any economist forecast in a Bloomberg survey. Other data showed consumers’ views of the economy reached an almost seven-month high, according to Bloomberg’s weekly index of sentiment. And last month….The U.S. economy added 175,000 jobs , marking an improvement from January and topping economists’ expectations. Meanwhile, the unemployment rate ticked up to 6.7%, from 6.6% the prior month as more Americans joined the labor force. Both numbers were reported by the Department of Labor on Friday morning.
Falling dismissals set the stage for additional hiring, helping spur household confidence and giving Americans the wherewithal to boost spending.

The US auto industry is back on it’s feet , thanks to a bailout by the Obama Administration…..and today the Big Three is the pride of the world auto industry…. with record breaking sales and innovative new products.

Banks which lead the US into disaster in 2008 and had to be bailed out by Bush…are back to profitability. Most of the banks were so profitable they paid off their Tarp loans. Banks are back in the black.

Today the long expensive war in Iraq is OVER.

And no one needs to be reminded about housing. Housing prices are going back up dramatically. Home builders are building again. No more abandoned homes in your neighborhood, I am sure. Those nightmare days are over

And as for the war on terror, Osama Bin Ladin, who theatened the US for almost a decade. is DEAD..fulfilling a promise Obama made in Americans in the 2008 debates. Never again will Americans have to listen to another tape
recorded message mocking the US and threatening harm.
And Al Qaeda’s top leadership is either dead or in hiding thanks to Obama’s reliance on successful and deadly predator drone attacks

Mar 07, 2014 4:36pm EST  --  Report as abuse
Naksuthin wrote:

We all need to be reminding where our 401K’s stood 5 years ago when the last Republican President prepared to turn over the keys to the White House and an economy decimated by the worst recession in US history.

In January 2009 As Bush got ready to hand over the White House to Obama , the US was on the edge of economic collapse. Newcasters were calling it possibly the “Second Great Depression”. President Bush called all his economic advisers and the candidate Obama and McCain into a huddle, trying to decide what to do. The economic situation was so dire that Senator McCain suggested they bring the presidential campaign to a halt….something that has never been done in US history.
Suddenly the Dow plunged to From 14000 points down to 8000. The Nasdaq plunged from 2800 all the way down to 1500. Everyone who had a 401K watched in horror their 401K’s lost about half it’s value. The Investment Company Institute, a trade group for the mutual-fund industry, says that retirement assets lost $2.1 trillion in the year ending Sept. 30, 2008

In 2009 the price of your house and mine was falling like a rock due to 8 years of poor lending practices and gambling by banks. People were starting to default on their home loans
The resulting deluge of defaulting loans created an implosion of the housing market and home prices came crashing to earth. Everyone was losing equity. No one was buying. People started abandoning whole neighborhoods to the repo man.

In 2009, before Obama took office, The Banks were collapsing, weighed down by subprime loans . Big Giants like Bear Sterns, Citigroup Inc., Morgan Stanley ,American International Group, Inc., Goldman Sachs, and Fannie Mae and Freddie Mac, had to be bailed out by the taxpayer …while other iconic giants like Lehman Brothers, Countrywide, Washington Mutual, and Indymac collapsed in bankruptcy. Other giants like Merrill Lynch had to be absorbed by other banks

In 2009 Unemployment had skyrocked. Between 2007 and 2009 the US lost 5.6 million jobs in the Great Recession. In final month of the Bush Administration , the private sector shed over 800,000 jobs in January alone.

In 2009 As Bush prepared to leave, The Giants of the American auto industry were in deep trouble. In 2008 gas was 4 dollar a gallon and US automakers had nothing in the pipeline but SUVs and Big Trucks. Customers started turning to Japanese fuel efficient cars. The Big Three were in deep trouble and pleaded with the Bush administration for federal bailout money

IN 2009 Terrorism was uppermost in the minds of most
Americans. Orange alerts, airport searches. Images of terrorists striking American cities, Gitmo, the Patriot Act, Iraqi prisoners at Abu Ghraib prison…..and who can forget those regular threatening taped messages from Osama Bin Ladin,

And Obama was not even President yet

In 2009 America was stuck in two long drawn out expensive wars ,: Iraq and Afghanistan. Bush invaded Iraq in a fruitless hunt for ‘WMD’S..which turned out to be non existent….. and Bush invaded Afghanistan in a fruitless hunt for Osama Bin Laden…who turns out was living comfortably in Pakistan.
When Obama took office we had already been mired in Iraq and Afghanistan for about 7 years. Civil war had broken out in Iraq and Afghanistan had been all but abandoned as US troops and supplies were diverted to save Iraq war from collapse. What had started out as a quick, cheap and easy war to topple Sadaam grew in to a protracted expensive trillion dollar civil war between Sunnis and Shiah’s…with American troops caught in the crossfire and future generations getting stuck with the bill.
Millions of Christian Iraqis fled across the border to escape the carnage. Daily bombings, mass slayings, sectarian killings, roadside bombs. Who can forget??

NOW LOOK AT WHERE WE ARE TODAY

Today The DOW has soared into record territory and the NASDAQ hasn’t been this high since the Clinton years. Today the S&P soared into record territory too. If you have your retirement savings in stocks, you are back in the drivers seat. Your retirement savings have recovered all they lost during the Bush Great Recession. Americans who once saw their 401K’s cut in half during the closing days of the Bush Administration can breath easier once again.

American businesses too are prospering. US business are now flushed with so much money….over 2 trillion dollars in cash…that they are having trouble deciding if they should use it to buy out their competitors or buy back their own stock.

Today the US is gaining 100,000-200,000 jobs a month instead of bleeding 800,000 jobs. America began creating more jobs than it lost. And every single month since February 2010 has been accompanied by more jobs created.

This month the report on Jobless claims came out showing jobless claims declined by 26,000 to 323,000 in the week ended March 1, the least since the end of November and fewer than any economist forecast in a Bloomberg survey. Other data showed consumers’ views of the economy reached an almost seven-month high, according to Bloomberg’s weekly index of sentiment. And last month….The U.S. economy added 175,000 jobs , marking an improvement from January and topping economists’ expectations. Meanwhile, the unemployment rate ticked up to 6.7%, from 6.6% the prior month as more Americans joined the labor force. Both numbers were reported by the Department of Labor on Friday morning.
Falling dismissals set the stage for additional hiring, helping spur household confidence and giving Americans the wherewithal to boost spending.

The US auto industry is back on it’s feet , thanks to a bailout by the Obama Administration…..and today the Big Three is the pride of the world auto industry…. with record breaking sales and innovative new products.

Banks which lead the US into disaster in 2008 and had to be bailed out by Bush…are back to profitability. Most of the banks were so profitable they paid off their Tarp loans. Banks are back in the black.

Today the long expensive war in Iraq is OVER.

And no one needs to be reminded about housing. Housing prices are going back up dramatically. Home builders are building again. No more abandoned homes in your neighborhood, I am sure. Those nightmare days are over

And as for the war on terror, Osama Bin Ladin, who theatened the US for almost a decade. is DEAD..fulfilling a promise Obama made in Americans in the 2008 debates. Never again will Americans have to listen to another tape
recorded message mocking the US and threatening harm.
And Al Qaeda’s top leadership is either dead or in hiding thanks to Obama’s reliance on successful and deadly predator drone attacks

Mar 07, 2014 4:36pm EST  --  Report as abuse
hellhound55 wrote:

Where do they get these bogus jobs numbers? The economy is not getting any better,it is getting worse. The government and the media continue to lie to the public about this issue. There are still record numbers of people unemployed and the economy is still stagnant. They keep trying to paint this rosy image of a non existent recovery.Companies are still laying off people, small businesses are closing every day, how do they have the nerve to keep trying to BS the public? For once report the truth. Everyone already knows that this is all a big lie.Of course everyone wants to blame someone so lets blame the black guy(Obama)The fact is that he had very little to do with this economic meltdown. This was a long time coming and has been going on for decades.He will no doubt be blamed for everything but most of the breakdown came from criminal and unethical behavior on Wall street. It is time for the truth to come out,but unfortunately there is nobody trustworthy enough in our government or the media to print the truth.They are all controlled by the wealthy elite behind the scenes who are responsible for most of the wars and the economic meltdown.We will never hear the truth from any of these degenerates.

Mar 09, 2014 12:31am EST  --  Report as abuse
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