By all intents and purposes, Bernanke is trading about 40 billion a month in virtually interest free Keynesian cash for Wall Street IOU's. and you're in here touting gains on Wall Street.
And what have we learned. It acts in cycles. Usually there is some form of a bubble happening. And when the slowdown does occur..........sound monetary policy by the FED, stable or lower tax rates, hold off new regulations and rules or better eliminate the ones that do nothing but hinder business, government get out of the way. NO stimulus schemes, no moving people more onto government subsidence, no government wasteful "investments", let the smart people in this country get us out of it with investment and growth.
Taking a crap in public, smoking pot in there drum circle, next to the racist tea-baggers, at there KKK meeting. Meanwhile the Democrats and Republicans are saving dogs from burning buildings, and speaking directly to god for leadership advice!
Well the Fed is creating $85 billion per month out of thin air, so as long as the money supply keeps expanding stocks can just keep going higher. It just will be very embarrassing for the Fed if they create another stock market bubble while the economy keeps moving sideways. But hooray for now. Stocks in our centrally planned economy have been going up.
LOL! When the economy or market does poorly, it's all Obaaaaaaama's fault. When the economy or market does well, it has nothing to do with Obama. No double standard with you.
ahhhh the good ole days. - - - Updated - - - Instead we are sitting on a debt reaching $17 Trillion, and unfunded liabilities that are over $100T, waiting to collapse
You must miss the REALLY good old days. The GDP was 4.1% The unemployment rate was 3.9% The debt was $5.6 trillion. We had a surplus budget. Price of gas was $1.50 Oct 2000. Boy did we make a wrong turn. Instead of (*)(*)(*)(*)(*)ing, write your Tea Party of Grover reps and tell them to get the budget down with a tax increase deal.
lmao, what you mean like the deal that just got passed where we raise taxes, and maybe later, somewhere off we might, maybe think about spending cuts. no.
When you have something of substance to add let us know. If you think the market hit 14,000 because of Obama policies please tell us what policies you are talking about. If you dispute that the market hit 14,000 because of the monetary and fiscal policies of Obama and the FED then explain what it is that is driving money into it and why. Lackluster GDP? Threats of higher taxes and more regulations? Trillion dollar deficits? No federal budgets? Which of these policies is driving the market up?
Actually I am that investor, and quite frankly you are clueless! I made more money this week than you will all year. Remember my conservative friends we have a new commodity, go invest! Iremon when this is over and you have completely missed out I will explain to you why the Market has been going up on every bad economic indicator and why it often does and why itÂ’s been the rule of late not the exception.
Good for you. But you have no idea how much money I made. Do you always make assertions of fact about things you know nothing about? Anyone can claim anything on the internet.
A lot of them, thats one reason we are doing it now, I have even resorted to ROTH's before Obombya can get his grubby little hands on it.
Why are you still thinking the price of some 30 individual Wall Street Stocks act as a barometer for the entire economy? I thought we had this discussion.
Yes the tax cuts and spending restrains the Republicans forced on Clinton turned the strong recovery he weaken back into an even stronger longer recovery. Of course like all business cycles it slowed and then the Dot.com bust sent us into a recession and then 911 hit us but Bush then took to correct course, the deficit hit a one time high of $400B and then we had 52 months of full employment and declining deficits back down to a measly $161B. Boy did we make a wrong turn. 4 years of horrible unemployment higher than the worse month during Bush, deficits hitting almost ten times higher than the last Bush/Republican deficit, GDP barely enough to keep the economy alive, and no end in sight. Yep boy did we make a wrong turn.
You have 50,000 posts and youre here all of the time, its obvious, but hey just keep living in your little dream world, and say hello to your mom for me.
Where did I say it was a barometer of the economy? Stocks are generally a leading indicator, however. - - - Updated - - - You make statements about things you know nothing about, and the best you can come up with is an ad hom? Last resort of the clueless.
If you stopped making statements about things you know nothing about you wouldn’t be in this thread, or for that matter on these boards at all. You should consider it, you would have time to clean your room and then mom won’t be so pist all the time.
Sorry, it was you that made the statement about how much more than me you made. You make statements about things you know nothing about, and the best you can come up with is are insults and ad homs? Last resort of the clueless.
