Posted on 05/13/2009 12:08:56 PM PDT by NormsRevenge
Sorry, a little bit off subject... but just why is the stock market holding up under this kind of assault! My gosh, I have removed all my money from the stock market and keep wondering why there are idiots that keep investing and hoping for change... Hope and Change is a slogan - get it folks? If you are so stupid to invest today, your deserve the losses that you incur...
Just why is this market still functioning anyway...? I really don’t get it...
The last bond sale a couple of weeks ago tanked. China is scaling back their purchases of US bonds.
When the current ones come due Obambi will have to start running the printing presses to pay the holders and inflation will take off like we have never known before in this country and the economy will die.
Actually, I’m aghast that the Stock Market has not plummeted to the depths that most of us think that it should be...
Well, at least their are more hopeful among us - or idiots, hard to say which these days...
It’s the scope and breadth of the market that is its strength.. It is hugh!
to bring it all down may well take more than gutting and looting the treasuries and includes the destruction of faith in institutions in general..
uhh,, wait, that’s uhh happening too.. hhmmm...
Heh...yes, that is exactly what I was saying! I really can’t believe that so many invest in the market today with what is going on in the Federal Government.
I can understand taking a risk with private companies, but these days, all companies are public (and owned or controlled by the government)... Not my idea of a good investment!
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