Posted on 09/29/2010 7:53:03 PM PDT by nmh
There is also market speculation that the Republicans will either take over Congress or win enough seats to stop the Dems new taxes.
A very positive development that the markets will react to.
Heres another way to view this ->
Is the Fed Pumping Up the Market?
(YES! To make Obama look good)
Rush Limbaugh ^ | September 28, 2010 | Rush Limbaugh
http://www.freerepublic.com/focus/f-news/2598793/posts
Our government is indirectly giving money to OTHERS to buy stock to make the stock market look good.
Heres another answer ->
...
RUSH: Yes. The Federal Reserve is providing money for banks and others to buy stock, yes.
CALLER: Okay. First of all, are you sure of that information?
RUSH: Well, its coming from one of there are multitudinous websites, these tips, these Wall Street guys, independent analysts and advisors and the group that I you know, everybody has these sites that they latch onto if they turn out to be true about the right number of things you listen to. I cant think of the name right off the top of my head, but this is what the conventional wisdom is. Its not just this website saying it. A bunch of others are saying it, as well as the fact that its not your average, ordinary Joe buying stocks. Its the fed propping it up plus the people who are buying stocks are excited about the possibility that the Democrats are not going to be running Congress soon.
CALLER: Okay. Second of all, could you possibly give me the Web address so that I can check this out myself?
RUSH: Well, see if I can find it here. Are you saying that Im making this up?
CALLER: Professor, just following the advice that you yourself once said when I first started listening to you 19 years ago
RUSH: All right, heres the website. This is one of many but one is The Motley Fool.
CALLER: Sorry?
RUSH: Is fed buying behind the stock rally. Are you ready?
CALLER: Yes.
RUSH: http://www.fool.com/investing/general. And then 20100108, Is Fed buying behind the stock rally? APS. You go to Motley Fool and search, youll find it.
CALLER: Okay. And one last thing. Is there a timeline approximately how long this has been going on?
RUSH: Recent.
CALLER: Im sorry?
RUSH: Recent. September. September is normally a swoon for the stock market. Stock market traditionally loses value. The short sellers make out big time. The the people that traditionally count on a market decline in September are getting sandbagged here because the markets skyrocketing as you can see. It has the whole month. Its shocked everybody. People are trying to figure out, Why, okay, why is this going on?
CALLER: Okay
RUSH: Heres the question. Do we have the Federal Reserve to thank for the recent stock rally? The only logical answer is yes, according to TrimTabs, a research firm that tracks money flows in and out of the stock market. Theres a line of reasoning here because stocks gain $6 trillion in aggregate market value in mid-March and its really ratcheted up in September. And the average guys on the sideline here, Joe, the average guy is on the sideline, the average guy is staying out because the tradition is the market loses value in September. Its all about propping up Obama. Call Ben Bernanke and ask him, if you can get through.
BREAK TRANSCRIPT
more here
http://www.rushlimbaugh.com/home/daily/site_092810/content/01125113.guest.html
The stock when DOWN today because the GOVERNMENT ran out of money to give out for others to buy the stocks. Obama is indirectly manipualting the stock market to look GOOD for the election. He needs things to look good to salage who ever he can. He knows he is in trouble.
The bad news is that even if the GOP gets the majority, Obama will continue to appoint people and by pass the Senate.
Getting the picture now?
ALLOT is at stake so the cheating and fraud will accelerate.
The Obama administration is giving out money behind the scenes to PROP IT UP for the election.
Actually, I think you may be right - hell, even Rush agrees..heh!
There is something really wrong about todays market and many seem to see through it. Something is fishy here and it is not good - or maybe Rush is right (again)...
Individuals that invest in this false market are doomed to lose...I hope that not many here are in that category.
When the Pelosi/Reid Cartel took control of Congress in Jan 2007, the DOW was at 12,398.
Rush is RIGHT!
Do NOT buy stock - right now.
Wait till Obama is OUT OF THE PICTURE.
Sent you a private e-mail.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.