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One-Tenth of 1% Economic Growth!
Rush Limbaugh.com ^
| April 30, 2014
| Rush Limbaugh
Posted on 04/30/2014 5:15:50 PM PDT by Kaslin
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To: RavenATB
Remember the books have been cooked for a long time for that arrogant pos occupant of 1600 Pennsylvania Ave and will be cooked until he leaves
21
posted on
04/30/2014 6:10:10 PM PDT
by
Kaslin
(He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
To: riri
Cook the books so we don’t say growth was negative.
I think you’re right. After all, there is a scandal that the Census fudged job data so it would say unemployment was below 8% before the 2014 election, and they changed how they measure health insurance coverage so that there isn’t a clear measurement around the transition to and from Obamacare.
22
posted on
04/30/2014 6:18:01 PM PDT
by
tbw2
To: SkyPilot
They’re not smoking crack.
Government is printing money and the banks are buying stocks with that printed money. That’s the only game in town that is producing a “return”... The more they buy, the more the stock price goes up (demand), and the more it looks like they made money... It’s a self feeding cycle AKA a bubble... And it will burst...
23
posted on
05/01/2014 1:35:47 AM PDT
by
DB
To: DB
They’re not smoking crack. Government is printing money and the banks are buying stocks with that printed money. That’s the only game in town that is producing a “return”... The more they buy, the more the stock price goes up (demand), and the more it looks like they made money. And there are really people who think they are "making money" with this scheme.
Do they actually believe that this will go on much further?
It cannot. We had Freepers here who in 2006 and 2006 who were involved in real estate (as agents, mortgage industry, or flipping houses). They would come out screaming (and I mean screaming) at anyone who tried to warn that the housing bubble was going to burst.
It is the same way with stocks, 401Ks, IRAs, and the like.
I have to believe that when this one bursts, it will be devastating.
If someone is trusting in this fictitious money scheme, rather than God, they need to resort their priorities.
24
posted on
05/01/2014 2:26:14 AM PDT
by
SkyPilot
To: DB
No reply DB? Perhaps you are one of those who falsely believe the fictitious stock market will go on forever.
25
posted on
05/01/2014 6:18:28 PM PDT
by
SkyPilot
To: DB
Sorry, you did say it will burst. You are correct.
26
posted on
05/01/2014 6:19:29 PM PDT
by
SkyPilot
To: SkyPilot
There wasn’t really anything to reply to, we agree.
And I’m buried in work...
27
posted on
05/01/2014 9:42:40 PM PDT
by
DB
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