Ah, how you like my "hope and change"?!
Can QE3 be far behind?
Yes but, this is the same 2% or so lost by NYSE on Friday. The headline is a bit overblown.
All is not well but this seems to be sewing panic. Why?
Sounds like a safe bet huh. I hope we’re wrong, but...
Damn.
Too bad a-hole Obama and his Regime have systematically destroyed the US economy.
Who else can lead the world out of the endless recession?
Instead, Obama and his Administration’s economic role model is Euro-Socialist Greece.
Hmmm... something wrong with that headline... I KNOW!!!
Media pumps Asia stocks, Tokyo braces for manufactured crisis...
See tag line.
I don’t consider it a bad day unless they are jumping out of windows in tall buildings.
Booshes’ fault!
I know there are far more factors involved, but I’d love to see the cost to the world economy added up of all the feelgood environmental/global lying..er...warming crap tallied and publically thrown in the faces of every current world leader/govt and the UN.
Imagine how much better the entire planet would be doing economically, standard of living et all, had people never allowed the wholesale rape of the extraction industries to happen.
Right now, not that I’m advocating this however, had America maintained it’s oil/logging/mining and manufacturing base as we had it before the greens were empowered, we could singlehandedly bail out most of Europe.
Then again, Europe would not be in this particular mess to begin with. Think about all their govt jobs. Why do they exist? In part, it’s because people otherwise would be unemployed. There are not enough jobs in Greece ect to support the populations. Why? Because industries that traditionally require a lot of manpower are regulated out of existence or massively hindered. Now, an entire generation has come and gone on the dole. The youth never knew a world where work carried reward. So they expect their entitlements.
I know. There’s more to it. But people need to learn and understand just how great the impact of rabid environmentalism is. Almost if not every economic problem today traces back to regulations with environmental connections. It frustrates the hell out of me that people ignore the root causes of the problem...Regulation over green concerns and social engineering.
Cut industry loose and watch a miracle happen.
Ah, how you like my "hope and change"?!
Can you imagine Social Security being part of the Stock Market? That is why I am glad that they have not put our Social Security in the stock market. It is bad enough the retirement plans are connected. Having everything in one pot is not a good idea in my opinion. 401K’s could end up at zero and people will have to live on their small Social Security but at least they will have that.
After Friday's selloff and breaking the 200 day moving average, I thought Monday morning would open sharply lower. However, the futures are modestly positive and the talking heads are spinning a possible bailout of Spain and a proposal for a EU centralized fiscal authority.
Looks like we’ve got a worldwide problem here. So far, none of the world’s economic powerhouses have figured out what to do to escape it. Could be a difficult task even for a great businessman like Romney.