posted on 04/12/2010 2:04:27 PM PDT
(The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.)
How soon before “The One” takes credit?
posted on 04/12/2010 2:04:29 PM PDT
I might have to get in for this suckers rally.
Eat my Shorts, y'know? LOL
posted on 04/12/2010 2:04:29 PM PDT
("We beat the Soviet Union. Then we became them." -- Lazamataz, 2005)
posted on 04/12/2010 2:04:37 PM PDT
(..If you think about it they are all sucker rallies...the pros know when to get out...-- Hojczyk)
Europe is borrowing the loan money from China, who bought the money from us, and we got the money from the stimulus package, which was borrowed from our treasury, which borrowed the money from CitiBank, which was bailed out by the TARP fund, which was borrowed from Europe.
Done on light volume after FASB changes allowing "mark to fantasy" in March 2009.
Watch the credit markets instead. They're still showing that our economy is in very bad shape, with reckless federal government spending being the only thing keeping us from realizing the depth of the depression that we're mired in.
People keep talking about inflation or hyper-inflation. They should be talking about major deflation and depression instead.
posted on 04/12/2010 2:13:41 PM PDT
(1 1/2 million attended Obama's coronation - only 14 missed work!)
(After we take the $500B out of the markets as planned, we'll put it back in gradually, inch by inch. No one will suspect a thing. Give it 18 months or so. That way no one connects the dots to our little October surprise.)
posted on 04/12/2010 2:29:06 PM PDT
(I'm not digging this tyranny thing.)
The quiet rally before the back end of the huricane wall hits.....
posted on 04/12/2010 2:31:03 PM PDT
The Plunge Protection Team is working overtime.
posted on 04/12/2010 2:31:57 PM PDT
Does this mean the recession is over, and the stimulus, TARP, omnibus, Stimulus II (jobs bill) have saved us???? Yeah!!!! I can go back to sleep now with the rest of America!!! Man am I tired.....
posted on 04/12/2010 2:34:05 PM PDT
(Yo Barry, IF FOR 20 YEARS YOU STAY IN THE PEW, IT'S BECAUSE YOU SHARE THE VIEW!!!!!)
“European leaders agreed over the weekend to make loans available to Greece to help the country lower its public debt burden. The 16 countries that use the euro agreed to provide $40.5 billion in loans to Greece if needed. The International Monetary Fund could contribute another $13.5 billion.”
What will happen when the other parts of USPIGS start to default...hold onto your hats folks. There aint enough money in the world to bail all of us out...
posted on 04/12/2010 3:22:51 PM PDT
(God, Family, Church, Country - 11/2010, 11/2012 - Tea Party like it's 1773 & pray 2 Chronicles 7:14!)
Still waiting for the Dow to hit 13,000 when I sold off most of our stocks and stock funds in out 401(k) plans (transferred to other assets). Have gained a bit over 14% since, meaning the Dow needs to hit 15,000 to catch up to where we are at (assuming our current investment goes flat - not likely).
posted on 04/12/2010 3:31:56 PM PDT
and the money is worth what???
posted on 04/12/2010 3:46:51 PM PDT
(BHO....'The Pretenda from Kenya')
You know, the DOW is just another poll. They don’t even pay attention to it (when it’s down.)
When it’s up, they’re happy to take credit. :)
posted on 04/12/2010 4:26:41 PM PDT
(No thanks. We have enough government already. - The Tick)
See - boy king is right - Economy on the rebound due to the wonderful actions he alone has taken. /sarc
posted on 04/12/2010 6:02:14 PM PDT
(Barack Hussein 0bama=The Complete Destruction of American Capitalism)
posted on 04/12/2010 8:14:15 PM PDT
by an amused spectator
(Watching the MSM with Obama is like watching Joslyn James with Tiger Woods)
I went to Yahoo finance a few minutes ago. I saw the Dow was going to close negative at just before 4 pm and someone came in at almost the last second and bought. The market closed up +8.62 on the Dow.
I wish I had a bloomberg terminal to see where that last second buying came from. My guess us the PPT in the futures markets. Huge volume surge too. Have to have been almost at 3:55 pm or so.
posted on 04/12/2010 10:44:36 PM PDT
(McCain=Obama's friend. McCain called AMERICANS against amnesty - "racists")
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