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Americans' net worth up for 3rd straight quarter
breitbart ^
| 3/11/10
| JEANNINE AVERSA and DAVE CARPENTER
Posted on 03/11/2010 10:53:26 AM PST by Nachum
WASHINGTON (AP) - Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios. But the gain was less than in the previous two quarters.
The Federal Reserve reported Thursday that household net worth rose 1.3 percent in the fourth quarter to $54.2 trillion. It marked the third straight quarter of gains. Net worth had risen by a stronger 4.5 percent in the second quarter of 2009 and by an even faster 5.5 percent in the third quarter.
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: americans; devalueddollar; goodnews; net; quarter; worth
1
posted on
03/11/2010 10:53:26 AM PST
by
Nachum
To: Nachum
Americans’ net worth up for 3rd straight quarter.....
You bet!....It’s easy to go from 2 to 6 cents!
To: Nachum
Whoo-Hoo! We're rich again!
Wait. We're not? This is just an example of another Big Lie? Well ... nevermind.
3
posted on
03/11/2010 10:57:10 AM PST
by
ClearCase_guy
(We're all heading toward red revolution - we just disagree on which type of Red we want.)
To: Nachum
Don’t worry....Obomba will get on it real soon....and make it go back down!
4
posted on
03/11/2010 10:57:43 AM PST
by
goodnesswins
(Tagline, oh, tagline, whereart thou tagline....)
To: Nachum
Default on a mortgage and walk away from the property and let the bank repossess it and you've increased your net worth because you have dumped a liability.
5
posted on
03/11/2010 10:59:23 AM PST
by
highlander_UW
(Obama has lost or not saved over 4 million jobs!)
To: Nachum
Yawn.
When the dollar becomes worth less, people are worth more of them.
Who knew?
Obamanomics will make everyone millionares! Yay!
6
posted on
03/11/2010 11:14:41 AM PST
by
MrEdd
(Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
To: AngelesCrestHighway
LOL It sure is. Who are they kidding?
7
posted on
03/11/2010 11:57:27 AM PST
by
freekitty
(Give me back my conservative vote; then find me a real conservative to vote for)
To: Nachum
Knock it down 40% then claim victory when it goes up a couple of percent three quarters in a row.
8
posted on
03/11/2010 12:42:01 PM PST
by
E. Pluribus Unum
(Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
To: Nachum
The possessed comes unhinged . . . meltdown,,,, 3,,,,2,,,,, 1,,,, zer0 !
9
posted on
03/11/2010 12:51:35 PM PST
by
lionheart 247365
(-:{ GLEN BECK is 0bama's TRANSPARENCY CZAR }:-)
To: Nachum
Which Americans? Financial execs, government employees and SEIU bosses?
To: Nachum
Headline should read, "Americans' net worth up the creek for 3rd straight quarter"
11
posted on
03/11/2010 2:42:38 PM PST
by
Oatka
("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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