tony hardware 0 Posted September 28, 2006 NEW YORK (CNNMoney.com) -- The Dow Jones industrial average briefly traded above its record high close from January 2000 Thursday morning before backing off. The 30-share Dow (up 5.60 to 11,694.84, Charts), the world's most widely watched stock market gauge, was up a few points 45 minutes into the session after briefly trading about two points above the record close of 11,722.98, hit on Jan. 14, 2000. The Dow's record trading high is 11,750.28. Republican President, Republican Congress. Let's see the Dems take credit for this one. Share this post Link to post Share on other sites
D_House 0 Posted September 28, 2006 NEW YORK (CNNMoney.com) -- The Dow Jones industrial average briefly traded above its record high close from January 2000 Thursday morning before backing off. The 30-share Dow (up 5.60 to 11,694.84, Charts), the world's most widely watched stock market gauge, was up a few points 45 minutes into the session after briefly trading about two points above the record close of 11,722.98, hit on Jan. 14, 2000. The Dow's record trading high is 11,750.28. Republican President, Republican Congress. Let's see the Dems take credit for this one. ...the gov't has limited to no role in this, but that won't stop them from taking credit. Share this post Link to post Share on other sites
Cruzer 1,993 Posted September 28, 2006 at some point and time, i think even the most ardent democrats are going to have to admit the tax cuts worked in bringing the economy back from 9/11. i also think at some point and time, even the most ardent repubicans are going to have to admit that something has to give; either the war in iraq or the tax cuts, just can't continue to have both. Share this post Link to post Share on other sites
Sho Nuff 720 Posted September 28, 2006 ...the gov't has limited to no role in this, but that won't stop them from taking credit. Same as when it goes down it does not stop the other side from blaming it on who is in office either.... Share this post Link to post Share on other sites
D_House 0 Posted September 28, 2006 Same as when it goes down it does not stop the other side from blaming it on who is in office either.... now you get it! Share this post Link to post Share on other sites
tony hardware 0 Posted September 28, 2006 Regardless of the perspective, this is good news. Now, everyone go buy Google while you can still get it cheap. Share this post Link to post Share on other sites
Ravens 03 0 Posted September 28, 2006 at some point and time, i think even the most ardent democrats are going to have to admit the tax cuts worked in bringing the economy back from 9/11. i also think at some point and time, even the most ardent repubicans are going to have to admit that something has to give; either the war in iraq or the tax cuts, just can't continue to have both. Don't count on either one actually happening. Sorry. Share this post Link to post Share on other sites
Uh-huh 0 Posted September 28, 2006 So it's only taken the Bush administration 5 1/2 years to get the economy back to where we where when Clinton left office. Bully. Tax cuts + huge deficit spending = push the problem into the future, for the next administration to deal with. Share this post Link to post Share on other sites
tony hardware 0 Posted September 28, 2006 So it's only taken the Bush administration 5 1/2 years to get the economy back to where we where when Clinton left office. Bully. Tax cuts + huge deficit spending = push the problem into the future, for the next administration to deal with. So 9/11 had nothing to do with causing a recession? Share this post Link to post Share on other sites
Uh-huh 0 Posted September 28, 2006 So 9/11 had nothing to do with causing a recession? Strawman, eh? Try again. Share this post Link to post Share on other sites
edjr 5,617 Posted September 28, 2006 Regardless of the perspective, this is good news. Now, everyone go buy Google while you can still get it cheap. 405.46 a share is cheap? Wouldn't it be better to wait till it splits and then buy it? yahoo at $ 25.18 is a much better buy right now Share this post Link to post Share on other sites
Vikings4ever 496 Posted September 28, 2006 So it's only taken the Bush administration 5 1/2 years to get the economy back to where we where when Clinton left office. Bully. Tax cuts + huge deficit spending = push the problem into the future, for the next administration to deal with. Sorry, but the market crashed while Clinton was still in office. Share this post Link to post Share on other sites
GutterBoy 2,291 Posted September 28, 2006 405.46 a share is cheap? Wouldn't it be better to wait till it splits and then buy it? yahoo at $ 25.18 is a much better buy right now goog is a $500 stock, or it will be by January. Watch the earnings. Share this post Link to post Share on other sites
TeNt 0 Posted September 28, 2006 perfect example of why political parties are trash... without them almost everyone would read this and say "hey, great news!" but no, everyone got to be like "well the dems say this and the republicans say this and weve done a better" its ok though, what the hell do I and george washington know? Share this post Link to post Share on other sites
Artist Formerly Known as Big O 0 Posted September 28, 2006 its ok though, what the hell do I and george washington know? Cant peak for ole' wooden teeth, but based upon the fact you play in a 6man FF league, I 'd say you probably dont know shiet Share this post Link to post Share on other sites
TeNt 0 Posted September 28, 2006 Cant peak for ole' wooden teeth, but based upon the fact you play in a 6man FF league, I 'd say you probably dont know shiet would my 3-0 record, and the fact that I wasn't even going to play but a friend needed a 6th man do anything to change that? Share this post Link to post Share on other sites
DanXIII 8 Posted September 28, 2006 NEW YORK (CNNMoney.com) -- The Dow Jones industrial average briefly traded above its record high close from January 2000 Thursday morning before backing off. The 30-share Dow (up 5.60 to 11,694.84, Charts), the world's most widely watched stock market gauge, was up a few points 45 minutes into the session after briefly trading about two points above the record close of 11,722.98, hit on Jan. 14, 2000. The Dow's record trading high is 11,750.28. Republican President, Republican Congress. Let's see the Dems take credit for this one. Wow! It only took 6 years! We know the Dems won't/can't take credit for "this one" because the Dems only get the blame when something in the Republican - controlled country goes wrong. But hey, at least the noob got his GOTCHA! for today! Hopefully the stock market will be back to where it was under Clinton, and not just the Dow. So 9/11 had nothing to do with causing a recession? Unless you are either clueless about economics and history or you were born after 9/11/01 you know that the recession was already here before 9/11. Share this post Link to post Share on other sites
tony hardware 0 Posted September 28, 2006 405.46 a share is cheap? Wouldn't it be better to wait till it splits and then buy it? yahoo at $ 25.18 is a much better buy right now It's called sarcasm. Wow! It only took 6 years! We know the Dems won't/can't take credit for "this one" because the Dems only get the blame when something in the Republican - controlled country goes wrong. But hey, at least the noob got his GOTCHA! for today! Hopefully the stock market will be back to where it was under Clinton, and not just the Dow. Unless you are either clueless about economics and history or you were born after 9/11/01 you know that the recession was already here before 9/11. I agree that the recession began before Clinton left office which I why I love to hear dems blame Bush entirely for a struggling economy during his administration. However, did 9/11 not accelerate the recession? There is no way you can dispute that it exacerbated things. And yes, I was born on 9/11/01 - reborn into a neo-con brainwashed Patriotic hater of Islamic Radicals and pillow biting isolationists. I'm out - going home - 5 PM EST - Give peace or get a peace b!tches. Share this post Link to post Share on other sites
Ravens 03 0 Posted September 28, 2006 Unless you are either clueless about economics and history or you were born after 9/11/01 you know that the recession was already here before 9/11. Some people actually will not admit nor acknowledge this. Share this post Link to post Share on other sites
Cdub100 3,418 Posted September 28, 2006 would my 3-0 record, and the fact that I wasn't even going to play but a friend needed a 6th man do anything to change that? My 7 man team would kick your 6 man teams ass Share this post Link to post Share on other sites
Ravens 03 0 Posted September 28, 2006 My 7 man team would kick your 6 man teams ass Not if swirvinirvin was on your team and it came down to him on the FT line having to make 2 free throws. Share this post Link to post Share on other sites
Recliner Pilot 61 Posted September 28, 2006 So it's only taken the Bush administration 5 1/2 years to get the economy back to where we where when Clinton left office. Hey, overcoming the Clinton Recession, the Dot-com bust, and 9/11 took awhile. Good thing Algore wasn't in office to raise taxes and send us into a depression. Share this post Link to post Share on other sites
TeNt 0 Posted September 29, 2006 So it's only taken the Bush administration 5 1/2 years to get the economy back to where we where when Clinton left office. huh? the economy wasnt close to this good when clinton left..... they had to recover from him, then deal with 9/11, a war, and gas prices... and they still got it this high get off the crack Share this post Link to post Share on other sites
De Novo 0 Posted September 29, 2006 405.46 a share is cheap? Wouldn't it be better to wait till it splits and then buy it? I was shopping for beer this evening. 12-pack was $15. Kinda expensive, so I'm gonna wait til they get 6-packs in for $7.50 and buy 2 of 'em same thing What's the point of arguing about who's responsible for this? Nobody's going to win. The economy was slowing down before Clinton left office, so there were things out of Bush's control, without even considering 9/11. Growth during Clinton's administration provided a nice recover-to point for the market. GHWB can be thanked for some of the growth during the Clinton administration, too. Bush's tax cuts were likely very effective post-9/11, but so were Greenspan's rate cuts. That lead to business investment and a surge in housing and it's reasonable to think that much of the recent economic strength is fueled by these two. Wouldn't it be more constructive to discuss what can be done to continue this growth? Share this post Link to post Share on other sites
Snoopy1 0 Posted September 29, 2006 NEW YORK (CNNMoney.com) -- The Dow Jones industrial average briefly traded above its record high close from January 2000 Thursday morning before backing off. The 30-share Dow (up 5.60 to 11,694.84, Charts), the world's most widely watched stock market gauge, was up a few points 45 minutes into the session after briefly trading about two points above the record close of 11,722.98, hit on Jan. 14, 2000. The Dow's record trading high is 11,750.28. Republican President, Republican Congress. Let's see the Dems take credit for this one. Congratulations to the GOP, they've brought this country to the year 2000. Share this post Link to post Share on other sites