New Record High on the Dow

stevef, the man who bought low and took a beating on this board for it. Now, laughing all the way to the bank. Congrats!

Juiceman! You remember the beatings huh? You took some major shots as well. We were a very small bull group when the next depression was "imminent" but we stood firm. Congrats to you as well.

wow...can't believe it's 5 years since the credit crisis. I remember July 2007 when the credit tightening began and Sept 2008 when Lehman went under? Remember how crazy it was? The world was ending, however absolute pure fear never took hold to take the economy completely down. I remember Buffet swooping in to save Goldman and GE with those loans. I was saying to myself here is the perfect capitalist and man of power to swoop in to save these mega power companies. Remember these boards? How crazy they were? it was posts every 20 seconds. Now it's every 20 hours. Remember how Manhattan real estate held firm as subprime lending never infiltrated past the coop and condo boards? That was a crazy time and a once, maybe twice in a lifetime event to take advantage of. Buffett certainly did, you and I did, I wonder who else? Anyone else buy in 2008-2009? Stand and be recognized! Scouts honor now...

The world was ending, however absolute pure fear never took hold to take the economy completely down. "

But darn close. And still there.

The Bureau of Labor Statistics says the REAL unemployment rate is still at least 12.6%.

20% of ALL households in America have NO ONE gainfully employed.

Outside of the top 1%, wages across the board have either stagnated or regressed.

Housing costs are skyrocketing. Health care costs are skyrocketing. Child care costs are skyrocketing (as most families these days can't even conceive of only one parent being able to bring in enough bacon to pay all the bills anymore). And college graduates are saddled with school loans these days well into the middle of their careers