Bad news for the right, stocks surging!

A question then.
How does this go over with the OWS crowd?

 

Why is it good economic news? Can you explain? I know that most people are conditioned to believe that a rise in stock indexes is a "good" thing (including most conservatives), but belief doesn't make a thing true. It could be a sign of a move to liquid assets in anticipation of a major inflationary spiral, which would make sense given the signals put out by the major central banks and the IMF that they are willing to create whatever money is needed to save the EU.

In honor the month, I think we should refer to the crazy attempts to save the EU, and the irrational exuberance displayed by those who believe that the stock market is an indicator of economic growth (much like "consumer confidence") as "Santa Claus Economics." Next week, when everything looks bleak again, you can call it "Grinch Economics." What a fun month December promises to be.

 

cant edit messages after 20 minutes? wtf?

 

It hasn't got anything to do with Obama. It has to do with the U. S. Federal Reserve sticking its nose into European Euro situations with nearly bankrupt banks over there. It could cause short term inflation to go nuts and it doesn't help ordinary American citizens one bit! But it does help the stock market.

 

http://www.usinflationcalculator.com/

http://www.usdebtclock.org/

 

What will the Tea Party do if Obama's slow and steady policy results in more economic growth.

I guess they'll have to emphasize more important issues like putting "In God We Trust" on our currrency, and making sure Paris Hilton's taxes aren't raised.

 

The increase in the Market today is 'Irrational Exuberance' on an Olympic scale...whistling past the grave yard. The recent increase in the Markets is simply a reflection of how far it will fall if/when the Euro crashes.

 

no shocker to hear that from the top cheerleader for bad stock news...

how many threads have you started about the dow falling?

 

Goldman Sachs gets downgraded. Soon after the Fed along with other central banks decide to bail out the Euro.

What did Obama have to do with the Feds actions?

 

Your rude comments on the Tea Party does nothing but degrade your own opinions against it.

As for me, if anyones policy improves my job status, economic standing, standard of living and homeland security... I am with them all the way. I can't think of any sane individual who doesn't support someone in power who makes their life better... can you?

So far, Obama has not done anything but pass laws which degrade my life. I voted for him on the hope he would do the opposite...... so far, I am apparently not in the right special interest groups which he has supported.

As usual, ALL YOUR POLITICS ARE LOCAL TO ME.

 

So you blame Obama for the bad things and you credit the good things on other causes.

Got it.

In any case, presidents do get the credit or the blame for the economy. It's just how American politics works.

 

Where did i blame Obama for the Feds actions?

You like speaking for people dont you.

 

A week isn't even necessary.

 

how about the last 3 years?

 

The word Obama is not even in his post....

No this market rally is because of central bank actions.... Perry must be ready for those trials to charge people with treason for trying to help the economy.

 

Devaluing the dollar is helping the economy how?

 

Stocks are surging because we are planning on bailing out Europe, which will only give another 2 weeks of time for them to do something.

Do you have any (*)(*)(*)(*)ing idea what is going to happen if Europe collapses? you people need to learn up and open your eyes

 

About 4 years worth since August of 2007 when I first wrote on a lot of forums that the markets were headed for a crash due to bogus housing values...

 

Stocks will have to surge a heck of a lot more to come back to where it was.

 

was that how you responded when europe debt concerns were causing the down to drop???

well lets check...

 

where it was when?

 

Again, learn about what your talking about. Once the money runs out over the next few weeks, the market in Europe will than begin to slide again.

Do you know anything?

 

lmao well youve been telling us that hope of yours for some time now.....as have most of the right.

but keep praying for another economic collapse while the rest of us are enjoying the good news

 

Listen, last week and the week before stocks fell. the US said it would back the European banks. This backing will bring stocks up but for a short time.

So, those with money, bought stock at lower prices, than in a few weeks they will sell again making all that money because the markets will than go back down.

Its really easy if you try.

 

great, give me a date and how far it will fall. ill accept a range, like next week, at least 1k points....something like that.