Romneys Tax Returns

[bowdirk]

Ha ha ha...

The real reason Romney won't release his tax returns is that it would show he is doing substantially better now that he was 4 years ago!

FYI the value of the stock market has essentially doubled in just 4 years...

[Conway]

The market has almost made up the losses from 2008, but the DOW was over 14,000 in October 2007, and today it is 13,306 after four years of inflation. I would hardly call that a "double" in any sense.

[matclone]

Ha ha ha...

The real reason Romney won't release his tax returns is that it would show he is doing substantially better now that he was 4 years ago!

Then Ann was right,
The Democrats would make light
of this very thing.

[bowdirk]

The market has almost made up the losses from 2008, but the DOW was over 14,000 in October 2007, and today it is 13,306 after four years of inflation. I would hardly call that a "double" in any sense.

C'mon Conway, it was at ~7,500 at the end of 2008, right before Obama came into office. He does get some credit for that (GM and that whole supply chain) but thats not the point.

The point is that Romney is doing far better than he was 4 years ago... And his tax returns would prove it!

weekends here, I'm out, cheers.

[Conway]

Bernanke can take pretty much all credit for the false stock market gains. Zero percent interest and quantitative easing means the only way to save and beat inflation is to invest in the risky market. But, for every winner in the market there is at least one (usually many) losers.

[JM3]

saying the stock market has doubled since Obama took office isnt really accurate if you are going by when it tanked.

And I agree with Conway- without being super knowledgeable- the latest bond buying in Europe caused a fat rally- but for how long?

Im just glad for the few companies I have that are seeing me through shitty interest rate times. And very glad for Apple. God. why didn't I buy more Apple?

[synchronicity]

Im just glad for the few companies I have that are seeing me through shitty interest rate times.

As someone who's going to buy a house HOPEFULLY SOON (Don't.Get.Me.Started), I just want those interest rates to stay bloody low for a wee bit longer. (3.5% 30 yr FRM with them paying ME to take that loan? Holy crap).

[Conway]

Don't worry, the bank will turn around and use that new "asset" to make loans at many times the value of your home, and will be bailed out if/when it all comes crumbling down again.

[BryanM]

Well, there's some internet people claiming they have them. Either a hoax or potential free entertainment I guess.

Not that the worst case longshot scenario - they're real and he's a criminal lowlife - will even do anything to harm his prospects.. In some ways I feel it'd be very appropriate for us to elect a man with such a known quality.

[Corrie]

Ha ha ha...

The real reason Romney won't release his tax returns is that it would show he is doing substantially better now that he was 4 years ago!

FYI the value of the stock market has essentially doubled in just 4 years...

Anyone with money should have come out of the 2008 crash way ahead. They don't get wiped out by the initial crash and they have the money to swoop in and buy everything up at post-crash prices.

I work for a personal investment company and we've done very well for ourselves and our clients. Once the crash happens it's a buyer's market and anyone with money to invest could have made a killing.