Posted on 10/08/2010 8:59:30 AM PDT by NormsRevenge
Fed is buying stocks to boost stock market for elections. This is to help democrats.
This will cause another bubble which will burst soon after election.
Meanwhile, Pelosi is crowing about the “great jobs recovery” she has managed. She is clinically insane.
Ya, I figured. I’m just sounding off about how nobody seems to realize that the Dow isn’t really rallying. Sharply higher food/fuel prices should be hitting just in time for the election though.
The market is rallying because it senses the election results. So it’s actually good news for the pro-Constitutionalists.
Even cooked they are bad. Imagine if they reported the real numbers!
They just need more foodstamps. (/sarcasm)
Yes, that the lefties will be neutered.
The market is rallying in anticipation of conservatives being in control of one or both houses of Congress after 2010. If it appeared that the socialists would still be running things next year the market would be tanking.
Pelosi is crowing about the “great jobs recovery” she has managed. She is clinically insane.
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Yes, she is.. and fit to be tied. I recommend a nice Hemp rope bridle on a pony for her to ride to her padded cell.
ROFL. Even an inert object can’t take it!
I will bet it is closer to 11.9% and the commiecrats are hiding it as they want to progress they’re communism with lies while America suffers and they get 6 figure paychecks and DARE to bash the wealthy.
Yet the Dow is over 11,000 on a VERY WEAK 66M shares traded. Yet another confirmation of the disconnect between the High Frequency Trading (HFT) machines of the Goldman Sachs (and a handful of others) and the rest of us. Apparently they’re doing all they can to save their messiah.
They’re running out of time.
Quantitative Easing II is next on the docket - they will devalue the dollar (inflate, print dollars) - and we’ll all pay for that. Open the printing presses on dollars never ends well.
Time for a major, MAJOR course change.
http://economicedge.blogspot.com/2010/02/face-of-freedoms-vision.html
Is there a reason you’re sugarcoating your feelings?
So the best Obama & Co. can do with the jobs report is make it unchanged. Like said above I bet it is adjusted to around 10% in a few months.
Yeah, I understand the market is forward looking. My point is only that a market rally is generally seen and reported as good economic news in the media. The market looks to cross 11k today and that story will act to offset the news of the bad employment report.
I just wish this Sept/Oct rally could have waited till Nov/Dec. Not because I think the market movement up or down means anything significant, rather it is because any rally is a good news story the Democrats are getting just in time for the election.
The markets tend to anticipate changes. It is likely that they are up because the Dems are doing so badly in the polls.
It might be too offensive to some if I said what I really think.
...and bending over...you don't believe me? Ask Reggie Love!
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