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Related: About this forumSheilaT
(23,156 posts)We've got about two more years of Obama, two more years I can safely anticipate steady growth in my investments. If a Democrat, any Democrat, is elected to the Presidency in 2016, I'll rejoice and leave my investments to continue growing. If a Republican, any Republican, is elected instead, I'll want to think about getting largely out of the market.
Fred Sanders
(23,946 posts)No wonder Clinton detests the American media...she does not tolerate fools easily...gotta love that.
delrem
(9,688 posts)Now, full steam ahead!
mother earth
(6,002 posts)Wall St. is doing better because the game is rigged.
What a farce.
delrem
(9,688 posts)I hear that it didn't stop with some small circle focussed on Dick Cheney and Haliburton and that there's plenty of room for war profiteering all around!
I hear that the War on Terror is going swimmingly and that every bomb dropped is a "ka-ching" sound in a wise investor's till - and there's nothing on the planet that can stop it. Nothing! I've been told to get with the program if I want to make some sweet profits in this vigorous war economy.
newthinking
(3,982 posts)Money which was supposed to actually be lent, but which instead the big banks invested in the Stock market.
Yes, in the process the economy picked up, but it is not nearly so buoyant as is being presented and those old enough to know better understand that this economy is not really a fundamentally robust one. Just "robust" when compared to the meltdown. We haven't had a good economy since the 90's and even that economy was not as universal / prosperous for everyone as they had been in decades previously.
DeSwiss
(27,137 posts)DeSwiss
(27,137 posts)Really? Well, if he's reporting on how well the 1% are doing then great. You've gone to the right source for that kind of bullshit. But fuck Forbes, you know? Really! How the hell does what they think equate in any way to the real world where the rest of humanity lives? It doesn't.
All this so-called ''economic recovery'' has truly been is these assholes playing with their money, raising the stakes higher and higher and refinancing the debt every time a maturity date rolls around and making the stock market jump around like it means anything. Most of the trading is being done by computers not people.
And to keep the Ponzi game going the neighborhood central bank has to bring out the cash wheelbarrows and take truckloads of money and ''invest it'' in these criminal organizations, (at ZIRP I might add), that are masquerading as investment banks. It's all done with mirrors now. There is no real economy except where you live.
These are the same people who have unmercifully fucked the world to the point where we are now, and now we're supposed to sit back and lap up their explanations on how we're all doing? How great things are, really?
- Well, fuck that.
We need to nationalize all the banks.......