[politicket]

The stock market has come up 3,000 points from the bottom this year. That's almost a 100% recovery on the DOW. And much of that increase is because OZero's hugest socialist programs are NOT going thru.

No, it's because the Primary Dealers (big banks) have been propping up the equities markets artificially.

That, combined with the fact that the FASB (Federal Accounting Standards Board) changed their rules last March to allow banks to "mark to fantasy" - meaning banks are now able to hide their very real losses.

Have you wondered why the big banks reported horrendous first quarter 2009 results and then great second quarter results?

[what's up]

No, it's because the Primary Dealers (big banks) have been propping up the equities markets artificially.

Really? So in your estimation when is this new house of cards due to come tumbling down?

[Toddsterpatriot]

No, it's because the Primary Dealers (big banks) have been propping up the equities markets artificially.

So a Primary Dealer with ultra safe Treasury Securities is going to sell them to the Fed, take the money and invest it in risky stocks because...........?

Have you wondered why the big banks reported horrendous first quarter 2009 results and then great second quarter results?

Because their bond holdings stopped going down and started going up?