Posted on 10/17/2012 6:54:43 PM PDT by Who_Ate_My_Dog
If you really believe this then you are in for a very unpleasant reality earthquake.
The Federal Reserve is driving the stock market.
Believe it or not, a recovery could come quicker and stronger than we might believe. There is over a trillion dollars of private captial sitting on the sidelines waiting to jump in.
Fine tell yourself whatever little fantasy you need to tell yourself but you’re still nothing but a mewling puddle of quivering fear.
Make it about Romney if you want but you’re the one who doesn’t have the manhood to face facts. The world’s economic problems are far bigger than Romney and go back well before Obama.
I will hire at least three new employees.
It’s not so much a sell off of the market as a repricing. The value of stocks is lower if money is worth more and interest rates are high. You are right, the dollar should improve.
Lots of riots and zombie attacks.
I wouldn’t bet my life savings on it. The structural issues haven’t been dealt with. Will Bernake turn off the 40 billion dollars a month that they are pumping into the veins of the patient?
Will they rip Obamacare out by the roots? Frank-Dodd bill?
Stow it, Artcore. Cripplecreek made a simple and very accurate point. This isn’t about Obama losing an election.....that asshole has done his damage, atop the damage done by decades of Presidents and Congresses hell-bent on one thing: re-election (translation: power).
If you think for two seconds that Romney....who I will gratefully say will win and send that f**king Kenyan Muslim Communist packing.......will cut the Federal government in half, slash entitlements, revert to the gold standard, etc., etc........then keep smoking your dope. Ain’t gonna happen. He’ll slap some band-aids on the sucking chest wound, tops. He’s not a bad guy.....he just hasn’t the stones nor the Constitutional grounding to do what is absolutely necessary.
He’s too f**king keen on being liked. If you don’t see that, you don’t know people. I make my living knowing people.
I think that really bad news will come out if Romney gets elected—things Nobama has done, the REAL unemployment rate, the REAL inflation rate. I think the recovery needs to be like feeding a starved man. If you overfeed him, he will die. If Romney moves too fast, the market may not be able to handle it. Read the article on Drudge by the Wash Times about how neither candidate should be elected.
Buy stock in companies that print Pardons, because Barry will be handing them out from Nov. 8th until Jan.20th (and he still may not get them all done).
Let’s see. Our manufacturing base is destroyed, and a huge chunk of government spending needs to be cut.
Well, if Romney’s Republicans shovel out much more free money to government teachers, regulators, and the like, then yes. Stock markets and Ponzi schemes will soar for days, but eventually, the collapse would be most grand and terrible.
But if Republicans were to cut spending as they should, the collapse would come sooner but with less effect. Either way, have fun. Enjoy the slide.
Oil drops to $50\barrel and April 2013 prices at the pump drop 3 cents.
No to both. I would hope for steady improvements over the next few months but considering the gridlock in Congress that may not happen as well.
It could be very alarming as reality sets in. Once true economic data begins to be brought to light, it will have catastrophic results on the economy. Naturally, Dems will be there to point the finger and say “we told you so”. They have screwed us all - most just don’t know it yet.
“Jan 21 is the official kick-out-the-kenyan ceremony at the White Hut...”
___________________________________________________________
That will be the day I resume my personal economic activity. To celebrate, I will buy a new fully loaded crew cab truck for myself and a new car for the wife.
Who is John Galt?
The sad thing is that 6 months ago 95% of FReepers would have backed up what I said.
We’ve got a global financial calamity and it doesn’t have anything to do with Romney and not as much to do with Obama as some would like to believe.
Our financial mess goes back decades and I’m sick of hearing these excited little voices calling for a return to the glory of 2008. That’s a damn low bar and Americans should demand more. They should be demanding a return to the economic glory of the 1950s at least.
Sure Romney will be superior to Obama but I’m not falling into the trap of thinking its the best we can do.
First off, Romney has to WIN .... don’t count your chickens yet.
Anything can happen between now and election day.
Over confidence is a very bad thing.
IMO, BTW, the pool of commie constituents running both political parties are steeped in funding from government and won’t make the necessary spending cuts (like shutting down the Dept. of Education, shutting down regulatory offices including local, shutting down anti-family offices, etc.). Both political parties and their progressive/pathological social inclinations are taking us to the conclusion of the default process.
Friends: avoid buying anything that you don’t really need. Become more self-sufficient each month, and learn to manufacturing something useful. Starve the B.
One other thing, Bernake will remove the support the Fed has been giving to Nobama and HIS economy and things may crash quickly, again, before Romney can turn it around. Be prepared. I fear that Nobama has set things in motion that we are totally unaware of that that will periodically hit the economy. Don’t know what it could be because I’m not an economist. Just know the evil that is about Nobama and ALL the people he has had working for him the past 4 years. Getting them all out of government will be difficult. Romney’s first task is not Nobamacare; it’s getting rid of Bernake.
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