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  • #2
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    If the Federal Reserve would allow the markets to find their own levels, rather than propping them up with government funds, we could get back to normal. Normal may be a recession, and if so, let it happen, lets get over it and move on. When government messes with private businesses, all we get is one hell of a mess.
  • #6
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    This is all going to come back to bite us in the ass and prolonging the situation is only going to make it tougher to survive it.
  • #13
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    @marine1

    We will be lucky to survive all this. Government needs to take a back seat and let private industry do what it does best, capitalism to the max. We all make money when private industry does good.
  • #48
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    Exactly.....STANDING OVATION!!!!!

    Wow, do you think there will be a crash soon?

    The economy is still fragile, this along with Obamacare in 2014 and possibility of droughts affecting food prices and fuel prices could be just what pushes it to a crash.....
  • #52
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    @NormalFlora No. Stop the progressive liberal bizarro world spin.....

    There really ought to be some kind of.....meds you all can take for that.....

    {If you can't see the signs, similar to when a hurricane like Katrina is on its way, then I can do nothing for you.....}
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  • #11
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    We need to end all welfare as we know it today and where needed to reinstate it, it should have strict oversight with measurable results.
  • #23
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    @WallStreet You go right ahead lauding the benefits of day traders. I would mention however to those who read your recommendation that day traders have the highest rate of suicide of any profession in the USA and based on yearly figures, 97% of day trades lose money. Big money.
  • #24
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    @jessejaymes I had always heard psychiatrists had the highest suicide rate, but maybe that was from frustration at not being able to treat those crazy day traders?:-)
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  • #22
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    Let me see if I understand this correctly. Wall Street which was at record highs, and made record profits the last five years in a row from a recession they caused to devestate the working class, is panicking because the govt isn't going to give them SOME of the free money they've been giving them for four years in a row. Boy talk about sucking on the welfare teat.
  • #45
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    @jessejaymes - You summed it up just right... no welfare check, they'll take profits from their investors instead... Did you know if corporate tax entitlements were abolished, we could fund 100% of the ACA? And it is no coincidence that the corporations that receive the most tax breaks are those with huge gov't contracts (ie. more dependence on the taxpayer) and a plethora of lobbyists who get hired to high gov't positions (ie. corruption).
  • #7
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    QE3 was just a way to take more of publics money and give it to Bankers as reward for doing good job ripping off the public making Federal Reserve stronger. Federal Reserve should be out of business, yesterday.
  • #35
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    It is not the job of the government to use tax payer money to falsely hold up the stock market. That is a case of stealing from the poor to give to the rich. I hate to admit, but I didn't know our government was still giving stimulus money to Wall Street. It should have stopped a long time ago!
  • #12
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    It's one of several social engineering policies that have backfired. Including the minimum wage (spawned illegal immigration, underground human trafficking, gangs, drug war), "housing fairness" (spawned lax mortgage standards, financial meltdown, federal debt explosion), food stamps, ethanol, Obamacare, etc.
  • #5
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    The economy is doing so well under Barry. Oh gee the stock market has recovered nicely since Bush sent it in the tank. Excuse me, want a refill on that Kool-Aid?
  • #54
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    @Yank

    And you believe WallStreet's post. The Brad Paisley song "So Much Cooler Online" keeps running through my mind. Also how much of a bankroll does one need to rack up a seven figure gain?
  • #46
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    This is just BS..........Ask anyone in the know and they will confirm that Obama's handlers won't even consider directing Obama to tell Bernancke to stop buying 86 Billion per month in Govt Bonds to make the Economy look better than it is until after the 2014 Mid Term Elections. QE will end just after the Mid Term Elections in 2014. The Market will begin a huge correction within a month of the Mid Term Election and Americans 401k's will plummet in Value.
  • #42
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    This isn't news ... hell, you'd have to be living in a cave to not know that the Fed was going to pull out later on this year!

    Finally, the economy will be exposed for what it is instead of being artificially propped up by the Fed and drowning the American taxpayer in debt!
  • #38
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    As the economy comes back to life, the stimulus should be withdrawn.
    That's about as basic as macroeconomics gets.

    But this is the hard part, where we do things that Big Money won't like.
    Don't allow them to prevent it.
  • #37
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    It is not as if the massive debt that the policy has helped create has been effective. Almost all of it has been a waste.
  • #55
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    The aftermath of an artificial economy is soon going to be directly upon us.
    Young folks, hang on!!! Because of your Obama voting practices, You will be paying the price.
  • #56
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    The young people don't care they are busy playing video games and sending nude pics of themselves to the internet for International exposure.
  • #44
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    So, they are getting cut off of their welfare checks and they decide the right action is to devalue all of our IRA's! I'm think it's time for me to look to other investments not influenced by corporate welfare recipients and their Wall St cronies.
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