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Wall Street is so out of touch with what is really taking place on Main Street that it is really pathetic. The American consumer has his back to the wall and continues to struggle to make ends meet in this country. Higher taxes, less take-home pay and record gas and food prices to name a few are what we are facing. The...more
This is a prime example of why Wall Street continues to live in their fantasy world. They pay absolutely no attention to what is taking place in our country economically or the plight of the average American Consumer on Main Street and the way they are struggling to make ends meet. Sooner or later, the big bubble will ...more
It is not just pain at the pump as groceries are higher then they have ever been. Wall Street is living in a fantasy bubble and they do not have a clue how bad it is on main street, but they will when consumer spending tanks and we have no growth. Too much Greed and Corruption on Wall Street and in Washington for anyth...more
Too much Greed and corruption on Wall Street and in Washington. This economy does not stand a chance of coming back strong the way that it should be. If traders were forced to take full physical delivery of all oil futures, the speculation would not be a big factor in oil prices, but this will never happen as Wall Stre...more
Once the reality of high gas prices again settle in, consumer spending will once again be flushed down the toilet. You would think that the Big Traders would eventually learn that in the long run they do not get ahead by shafting us with high oil prices. Congress needs to regulate the trading of oil futures by requirin...more
High gas prices hurt all of us, except the Traders and Big oil. We are already paying record prices for food and soon record gas prices again. If this lasts, you will see companies facing higher transportation costs for manufactured goods and that will curb hiring and will result in more layoffs. Wall Street knows this...more
This is really a joke. We need at least 300,000 jobs plus created a month in order to bring our economy back to a comfortable level. Wall Street rallies and the unemployment rate goes up, that is really pathetic. Maybe someday, their crystal ball will bust and when it does, they are going to fall hard. All of this big ...more
This is such great news for all of the rich people, but what good is this news to the average working and poor person in this country. All they are doing is putting us deeper in the hole by making us pay more for things like gas and food. This will have a devastating effect on consumer spending if gas prices continue t...more
2/1/2013
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