It was rhetorical. Your'e a Obama supporter, of-course your'e going to celebrate the DOWs rise without any idea of the consequence of Bernake's actions. Short term, or long term
Where did you get this from my two sentence post?
You need to be educated apparently. Say thank you.
Yes. I bought low and had the good fortune to beat the S&P by about 39%.
Good for you,....Actually, enjoy it while you can as the banks are holding trillions in reserves. One day, when we get a real President we will be forced to reconcile with the 8 years of incompetence people like you have subjected this country to. The fundamentals of FIAT currency will return as all of the liquidity will need to come back.
That's usually accomplished with rising interest rates, which is a "recovery killer" and a market killer. I realize the left claims there is no inflation, but you realize the CPI doesn't give any weight to food and fuel which are continuing to rise.
As long as you get yours f*** all of the American Families that are struggling to make ends meet because a bunch of Democrats voted in the most destructive law in US history.
I don't remember Obama stating that was one of his goals in 2008. To falsely inflate asset and bond and equity values with massive amounts of printed currency and let his Central Bank appointee monetize nearly 70% of our debt so he could continue to borrow cheap, to support a growing dependent class. And to give a boost to Wall Street while the middle class shrunk down to nothing.
Ya got all of that from me two sentence post eh?Whatca smoking?
I'm " high " but your'e the one bragging about a market being held up with printed money ? Nice. So your'e natural lucid state is three sheets to the wind, good.
Man yer onna a ****ing roll arnt ya?
Someone has to educate the masses of intellectually lazy Americans who American Idol-ed a President into power because the media " told them to".
Lol...it was put into place in October 2008, a month before you folks got all caught up in platitudes and bumper stickers and elected the most dishonest President to ever set foot into the oval office. It was NEVER supposed to last 5 years, 7 years, 8 years.
Kinda like you guys claiming Obama's "lowering the deficit" when all he did was add another 400 billion plus to GW Bush's 2009 budget through Omnibus, passed a stimulus bill that stimulated nothing but Govt debt as Obama set off on his " BRILLIANT " economic platform of green jobs......honesty it was like a bad 6th grade science project.
He would build the manufacturing base...stupidly because no oversight was given to the Chinese inevitably under cutting prices on photo voltaic panels...FIRST, before there was the demand to support it. He spewed typical left wing rhetoric about Bane sending jobs overseas and then turned around and gave a Dutch car company 500 million in loan guarantee to build a car no one wanted in....Finland. ( Oh they actually received 192 million of the 500 million )
After adding " one time, emergency spending " to the 2009 budget and then blaming the entire budget on Bush Obama just continued to spend that " one time . emergency spending " amount and added a cool trillion to Bush's annual budget average of 2.5 trillion for 4 consecutive years.
So he raised the bar, and then claimed " deficit reduction " Lol
stating facts isn't bragging. sayen that i bought a brand new auto with the last dividend check...that would be braggin.So i wont be sayen that.:thumbs:
Now take a few more hits on yer bong and get back to me.
Your'e using the stock markets rise to justify Obama's presidency when all he's doing entering in the self destruct code on the Star-ship Enterprise and I have yet to see anything factual from you. No, a marginal understanding of how our monetary system applies to our Financial markets does not equate to a factual statement.
Until you understand what's actually behind the DOWs rocketing numbers your public celebrations will continue to be looked on with amusement and pity.
Tax's on Dividends are going up, It's in Obama Care, plus a almost 10% rise on Capital Gains taxes. Hell, even Clinton had the common sense to lower Capital Gains taxes.