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It is because of the QE and the easy money for banks from the Fed that the indices are at or near all time highs, this is no reflection of the real economic condition of the country. We are living in a Keynesian "petri dish" so to speak. The jobs are gone, the bubble burst, the only way to pay down debt is to buy yo...more
Our President is not acting shamefully, he is acting as one who knows he is going to be re-elected and is following hte playbook act by act. If he implies either discreetly or openly that the Supreme Court is not a credited organization, that it is going to somehow threaten his power, the masses who now get thier "Oba...more
I am amazed that after the Greek Tragedy that cost investors in Greek bonds upwards of nearly 2/3rds of their investment, and after the LTRO money dried up, they actually thought there were enough chumps out there to actually purchase Spanish bonds. It was so obvious after the Euros flowed in and the Spanish yeilds dr...more
Rahm Emanuel " Never let a crisis go to waste".
Federal Reserve meeting minutes: No further QE seems needed unless "recovery" falters
The major indices drop 1-2% within days of the announcement.
Coincidence or self-fulfilling prophesy.
Personal spending rose 0.8%, topping forecasts for 0.6%.
Yeah, $4.00 a gallon gasoline, and sky high heating fuel prices would cause one to spend more...
I never thought the major indices would go this high, now, I understand. It is as Yamanatic said, one has to "buy into" this current unstable "house of cards" created by the worldwide central banks monetary policy. I mean, what is the true value of the current market ,13,000+??? It is based on nothing but monetary e...more
3/22/2012
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