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Thread: Person of the year 2009- Ben Bernanke

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Goldenboy219 View Post


    What does this chart mean to you?

    I think it means that when the market saw Obama elected it sold off big time.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Goldenboy219 View Post


    What does this chart mean to you?
    It means that there was a helluva lot of uncertainty in the market because a crazy Leftist Democrat had been elected president.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by j-mac View Post
    I think it means that when the market saw Obama elected it sold off big time.


    j-mac
    Sorry, those are reflective of 30 year treasury yields. From a technical standpoint, in order for yields to reach such levels, the bidding price of the respective security has to be rising. Meaning the market value on those bonds were off the charts, and the world was pouring its money into US debt.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Goldenboy219 View Post


    What does this chart mean to you?
    It means absolutely nothing, if your government and their friends screw things up badly enough, we just print more magic money, right?

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by apdst View Post
    It means that there was a helluva lot of uncertainty in the market because a crazy Leftist Democrat had been elected president.
    The democrats have nothing to do with it. You are seeing the beginning of a run on world financial systems. Luckily such a scenario was prevented.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Jackboot View Post
    It means absolutely nothing, if your government and their friends screw things up badly enough, we just print more magic money, right?
    Come on now, try a bit harder. Otherwise don't even bother to reply.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Goldenboy219 View Post
    Come on now, try a bit harder. Otherwise don't even bother to reply.
    LOL, I would ask you to do the same, start by answering this simple question, what will be the consequences of this action, if any?

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Jackboot View Post
    LOL, I would ask you to do the same, start by answering this simple question, what will be the consequences of this action, if any?
    By not acting... A Dow @ 4000 and going lower. IMHO of course.

    You might see some aspects of inflation years down the road, although i do not believe you are in the position to accuratly critique the Feds exit strategy.
    Last edited by Kushinator; 12-16-09 at 05:09 PM.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Goldenboy219 View Post
    The democrats have nothing to do with it. You are seeing the beginning of a run on world financial systems. Luckily such a scenario was prevented.
    The Democrats created the housing bubble. They had everything to do with it. They also threatened the private sector with punitive taxes, an over-reaching health care bill, card check and cap-n-tax. Yes, the Democrats have everything to do with it.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Goldenboy219 View Post
    By not acting... A Dow @ 4000 and going lower. IMHO of course.
    No.....what is are the consequences of printing money out of thin air? Is the Dow really at 10,000 today, or is it still at 4000?

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