BREAK TRANSCRIPT
RUSH: Look, all you doubting Thomases out there, there's no doubt that the Fed is pumping money, no-cost money, they're printing money. What else are they going to do to cover all this debt? They are printing money and they're giving it away. The interest rates are practically zero. They're making it easy. So the short sellers are getting socked here because people are putting the money in the stock market. The average guy's not in. You know, it's not hard to understand what's going on out there at all.
And the RATS have everything to gain, and nothing to lose - because this is what I see happening:
In the short term, they pump up the markets (artificial inflation - think bubble, again) in an attempt to make the RATs look good. There are some Anti-American useful idiots who will fall for it and vote for RATs in the election.
But the Dems will lose overall - and then when the bubble bursts - who will be in control of CONgress? The Repubs - so who will they blame? Bush? Well - close enough - the Repubs will get the blame.
And yes - that makes no sense - the Dems have been in control of CONgress for how long? And they have steadily and reliably thrown the economy in the dumpster... and eagerly (and with the blessings and support of the MSM) blamed Bush... even though he has been out of office 2 years...
But mark my word, when this artificial bubble bursts - and the Repubs are in control of CONgress, even if only a day - they will get the blame...
Great time to sell.
Not good.
We Freepers have been saying this for how long now?
And is the Fed manipulating the price of Gold too (now over $1300/oz)?
I think that is more a statement of long term investors concern for these voodoo market manipulations.
The free enterprise-hating, America-hating Fed pumped up the market when Clinton was in office. I’ll never forget that scum Greenscam calling out the plunge protection team every GD Friday afternoon between 3:09 and 3:15 when the market was down 300 to 400 points.
Greenscam and his nazi slut wife need to be hanged from every lampost from sea to shining sea..
bttt
If he's saying right now that it looks like a good time to get into the market, he might be right, but be careful.
Yes, and we’re likely to see inflation added to our difficulties next year. When our “austerity” program finally comes, it will include steep tax hikes (as seen in other nations with such policies). They’ll only repudiate the debt after we’ve been through too much terrible suffering. ...mixture for hard socialism in the future. If they don’t want to see that, they should abstain from raising taxes.
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Has anyone else noticed the odd reaction of the market lately? Seems like regardless of bad news, the market keeps going up. Is this because the international markets are that good or is it because the local markets are holding on (or are the Feds propping it up).
Really strange to me... Is anyone else seeing this problem?
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.
When the Pelosi/Reid Cartel took control of Congress in Jan 2007, the DOW was at 12,398.