QuakerOats;1384725 wrote:Purely due to monetary policy FORCING all the good people who saved for retirement the right way [and now want to live off their savings but can't because of artificially low interest rates] into the market,
Allow me to point out your first mistake. Interest rates are not artificially deflated. They are priced where all presidents/fed/treasury price them whenever the GDP is stagnant. Artificial means fakae, phony, untrue, dubious. The interest rates are exactly where they are supposed to be. Buy a dictionary.
And ALL of this because of the marxists anti-capitalist policies which have wreaked havoc on our capitalist economy rendering it unable to GROW and employ fellow Americans, 24 million of whom need work.
How about that Oats....14000 for the DOW!
Had the economy not been assaulted by the obama regime over the last 4 years, we would have real growth, millions of jobs, healthy corporate investment, and the market would have risen based on traditional fundamentals.
Bwahahahahhhhha. Math skills dude. The US economy tanked under the last guy in power...watching in horror as the financial world deregulated derivatives and happily held out their hands for handouts from Uncle Sam. Repeat after me Oats...."privatize the profits...socialize the losses". say it 3 times. And it worked for the Bush regime. The money was stolen from the 90%ers and below...just as planned. BTW, how many of these orchestrators of massive fraud been indicted for their crimes? Um...that would be zero. Say after me..."privatize the profits...socialize the losses'. It's quite catchy, don't you think? The overall US economy lost several trillion dollars in wealth under Bush's watch. Not to mention seeing the national debt rise a whopping 75%. FACT. The S & P lost 40% of it's value...under the watch of your guy...the guy you voted for not once...but twice. Under the black Kenyan, the S & P has regained it's value. Pretty amazing for the marxist, socialist anti capitalist that actually began enforcing rules on the power elite.
Change we can believe in...LOL