As much as I would like to agree and give credit to voting out the libs, the reason the market soared is because the Fed is buying about $600 billion in long term securities.
Yeah, well that, and then there’s the whole thing about the Fed buying up bonds. Of course the stock market is going to skyrocket. You can’t really credit this to the GOP though.
SouthernDem is actually right. GOP win would have made the market go up the day after the election, not two days after. It’s the government trying to boost the market, which they apparently have been doing for the past 2 years.
You think the fed buying these bonds is a coincidence? The dems pushed this one through to create a bubble that will pop and cause another downturn as soon as the republicans have just about started reigning back Obama’s legislation. The dems are just setting the GOP up to look stupid in a couple months at the cost of screwing the economy. You think a money transfer of this magnitude will actually create a lasting stability?
As much as I would like to agree and give credit to voting out the libs, the reason the market soared is because the Fed is buying about $600 billion in long term securities.
15 years ago at 2:46 pmJust made a fresh round of investments to celebrate! CSX and BP =TFM
15 years ago at 2:54 pmThe fact that the fed injected $600 billion could have had something to do with it.
Starting the beer fund for the epic biad they’re having with the Republican National Convention.
15 years ago at 3:10 pmThe system is only worth what you put into it.
15 years ago at 3:13 pmYeah, well that, and then there’s the whole thing about the Fed buying up bonds. Of course the stock market is going to skyrocket. You can’t really credit this to the GOP though.
15 years ago at 3:29 pmno, it was the GOP
15 years ago at 3:37 pmDemocrats are geeds. Of course it was the GOP
15 years ago at 3:47 pmSouthernDem is actually right. GOP win would have made the market go up the day after the election, not two days after. It’s the government trying to boost the market, which they apparently have been doing for the past 2 years.
15 years ago at 3:47 pmkeynesian economics= NF
15 years ago at 4:35 pmSorry GDI, the GOP is great but this was because of the Fed. In the long run the Fed is fucking us.
15 years ago at 4:46 pmYou think the fed buying these bonds is a coincidence? The dems pushed this one through to create a bubble that will pop and cause another downturn as soon as the republicans have just about started reigning back Obama’s legislation. The dems are just setting the GOP up to look stupid in a couple months at the cost of screwing the economy. You think a money transfer of this magnitude will actually create a lasting stability?
15 years ago at 6:50 pmwe are also about to have major inflation but I am very happy for the GOP taking over woo
15 years ago at 7:54 pmthat’ll work, sure to fuck up china
15 years ago at 1:08 pmThese two things are not related.
15 years ago at 12:48 amquit crying you GDI. Get over it.
15 years ago at 7:44 am