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Stock Market rally was all about Walker Victory in Wisconsin.
BI ^ | 6/6/2012 | Joe Wiesenthal

Posted on 06/06/2012 6:44:46 PM PDT by GlockThe Vote

Earlier we joked that some people thought today's rally was the result of the election outcome in Wisconsin last night. Well, serious people think so too. James Grant, of Grant's Interest Rate Observer, was just on CNBC, and this is what he told Maria Bartiromo: "...Today i think part of the source of the levitation was the Scott Walker triumph in Wisconsin." He explained: "People maybe are discounting the prospects of a return to something like freer if not free markets come the Fall if Romney or GOP decisively wins."

Grant also said he expects a third round of quantitative easing and reiterated that the long-term implications of QE3 are bad. He said the "world has 2008 on it's brain" and the awful memories of 2007 -2009 have the global economy preparing for a replay:

"People are buying protection against a deflationary collapse. …What if this money printing unexpectedly began to generate higher than expected rates of inflation? what if interest rates went up? that might be the surprise. …How about if the labels were stuck on wrong?"

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: Wisconsin
KEYWORDS: bhodjia; bhoeconomy; milwaukee; scottwalker; tombarrett; wallstreet; wisconsin; wisconsinshowdown
LOL.
1 posted on 06/06/2012 6:44:53 PM PDT by GlockThe Vote
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To: GlockThe Vote

I know it, you know it, but the RATS are pretending the market jumped up because of some bogus news about europe. Nice try, Rats.


2 posted on 06/06/2012 6:49:11 PM PDT by ozzymandus
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To: GlockThe Vote

Truly agree. Mid 2008 as John McCain started to fail the markets started to crash. Now Obama is melting and behold a brighter future! Simple as that. Obama will soon implode.


3 posted on 06/06/2012 6:52:50 PM PDT by Broker (Matthew 5:11)
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Comment #4 Removed by Moderator

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To: ozzymandus

Romney winning will usher in a massive stock market boom if for no other reason he will not be a communist tyrant. Even if Romney plays rip van winkle and does nothing it’s better than gaybama


8 posted on 06/06/2012 6:53:29 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: Broker

Yup.


9 posted on 06/06/2012 6:56:33 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: ozzymandus

Watch what happens to the market if Romney wins-I predict a humongous rally...but, if the opposite happens and Hussein steals enough votes to win.......look out!


10 posted on 06/06/2012 6:56:39 PM PDT by Larry381 ("Those who cannot remember the past are condemned to repeat it.")
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To: GlockThe Vote

After 3.5 years of “hope & change” yeah. Markets hunger for leadership.


11 posted on 06/06/2012 6:59:16 PM PDT by Broker (Matthew 5:11)
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To: Broker

Actually it only took two years for the public to get fed up with Obama. Wisconsin is not the beginning, it is the continuation of the Republican resurrection that began in 2010.


12 posted on 06/06/2012 7:04:16 PM PDT by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: GlockThe Vote

The DJIA ‘rally’ today was pumped up by the HFT algos for no other reason than that the powers that be decided the Dow was getting just a little too low. They wanted it to drop to force Bernanke’s hand into another round of QE, but they can’t let it fall so low that public-sector unions cannot be paid, receive their pensions and have their health insurance paid for, which requires an ever-climbing DJIA.

To my fellow Freepers that are banking on Robamney, do you really think the market will rally if he wins? And, if it does, do you think that increase in the DJIA will be worth any more than the TP better known as the US dollar?

The economy is at a cliff. There is no pulling it back at this point.

Romney (the liberal) and conservatives and the free market and especially those who did not vote for Obammie the Commie will receive the shotgun blast of blame from every liberal mouth and pen out there. Robamney will not be able to fix this. At LEAST five years of massive, painful depression is coming.

The market is rigged. Look at the nearly 300-point ‘rally’ today based on zero news, just a whisper of hope for more QE, which will do very little at this point.


13 posted on 06/06/2012 7:16:55 PM PDT by Ghost of Philip Marlowe (Prepare for survival. (Ron Paul is the Lyndon Larouche of the 21st century.))
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To: csmusaret

Right, yet the public is still being tortured by Obama and his minions czar and Holder types. His judicial nominees will haunt the Free Republic. The big bomb will blow us all up when Obama’s fraud is made fact.


14 posted on 06/06/2012 7:18:41 PM PDT by Broker (Matthew 5:11)
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To: Ghost of Philip Marlowe

I’m ABO.

I would vote for Sandusky, vandersloot, madoff, Manson, oj, Scott Peterson, John Wayne Gacy, or bill ayers over Obama.


15 posted on 06/06/2012 7:20:02 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote

That was my only thought...the compliant media extends to the CNBC and certainly Bloomberg types. QE3-speak, my foot!

On to November, can’t come soon enough.


16 posted on 06/06/2012 7:30:55 PM PDT by SueRae (The Tower of Sauron falls on 11.06.2012)
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To: GlockThe Vote

I would vote for Sandusky, vandersloot, madoff, Manson, oj, Scott Peterson, John Wayne Gacy, or bill ayers over Obama.

and walk over glass in my bare feet to do it.


17 posted on 06/06/2012 7:37:31 PM PDT by lookout88 (.combat officer's dad)
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To: GlockThe Vote
Stock Market rally was all about Walker Victory in Wisconsin.

YA THINK??!!??

Just like the economy tanked when it became "possible" for the Kenyan Manchurian Candidate to become president.
A free market is ultra-sensitive to the effects of a possible Socialist/Radical regime. Or any serious defeat to their long range plans.

18 posted on 06/06/2012 8:01:00 PM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: GlockThe Vote

Can I assume that three posts “Removed by Administrator” were the work of a DU or “democratic” troll?


19 posted on 06/06/2012 8:03:40 PM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: publius911

LOL.


20 posted on 06/06/2012 8:18:52 PM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: GlockThe Vote

The Dow will jump a couple thousand points in the fall when it becomes clear that Romney is going to beat Obama - buy now......


21 posted on 06/06/2012 8:58:03 PM PDT by Intolerant in NJ
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To: publius911

No - they were the result of someone with a pc problem accidentally posting the same comment several times. :-)


22 posted on 06/06/2012 9:16:20 PM PDT by knittnmom (Save the earth! It's the only planet with chocolate!)
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To: Intolerant in NJ

With this nation drowning in debt, combined with pisspoor management as provided by socialists, is it any wonder that people are reaching for straws, hoping for real change come next elections


23 posted on 06/06/2012 10:05:47 PM PDT by saintgermaine
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To: saintgermaine

To: Broker
Actually it only took two years for the public to get fed up with Obama. Wisconsin is not the beginning, it is the continuation of the Republican resurrection that began in 2010..........

I wouldn’t be so quick to consider it the “continuation of the Republican’s”........I would think it’s more the effect of the Tea party coming into play. Repub’s are not the party of conservatisim I remember of years gone by.


24 posted on 06/07/2012 4:46:21 AM PDT by DaveA37
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To: publius911

Those four deleted posts were duplicate posts made by this trigger-happy poster. Administrator deleted them all leaving none. Sorry, I am no troll. Just an old tired broker whose wisdom and insights fall on dead ears.


25 posted on 06/07/2012 6:02:10 AM PDT by Broker (Matthew 5:11)
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To: Progov

Listen to this vent:

http://chicksontheright.com/2012/03/30/holy-crap-bill-whittle-is-furious/


26 posted on 06/07/2012 6:07:47 AM PDT by Broker (Matthew 5:11)
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To: SueRae

“That was my only thought...the compliant media extends to the CNBC and certainly Bloomberg types. QE3-speak, my foot!”

Actually what we have is a TOTAL aberration of anything of representation. There should be NO, Big Media Bureaus, No Big populous STATE of Northern Virginia and Washington.

All of these should be located in prosperous states. Instead everything is backwards, upside down, which is the way Satan works.

The speak is “off a fiscal cliff”, all for more pension money which is placed in the false corrupted so called “market.” Follow oil, up/break even again today..in the market dumpster. Qe3 speak, tax speak, MandateHillary Romney, Undocumented Communist speak.

The speak is “off a fiscal cliff”, all for more pension money which is placed in the false corrupted so called “market.” Follow oil, up again today..in the market dumpster.


27 posted on 06/07/2012 9:01:30 AM PDT by Varsity Flight (Phony-Care is the Government Work-Camp: Arbeitsziehungslager)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks GlockThe Vote.

Hence, the rumor about the Iranian attack on the US Navy.


28 posted on 06/08/2012 6:13:01 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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