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Just like clockwork. The internet bubble, the housing bubble, and now this. Obama's phony recovery is being exposed as just another bubble inflated by the Federal Reserve's cheap money policy.
The party is coming to an end.
Funny thing is, many people never felt the recovery. It's like the recovery that never was.
Just like clockwork. The internet bubble, the housing bubble, and now this. Obama's phony recovery is being exposed as just another bubble inflated by the Federal Reserve's cheap money policy.
The party is coming to an end.
Funny thing is, many people never felt the recovery. It's like the recovery that never was.
True there was never a recovery. The Unemployment rate is just a fudged number that is easily manuipulated so ignore that. However, while this President is substandard in leadership blaming or praising only the President for economic condidtions is irresponsible.
For example-China just devalued their currency in a surprise move and it had implications on markets globally.
Oh please. Millions of people felt the recovery. Just go around to many different cities in this country- it's so different than it was 5 years ago. People are employed again, making decent money again- housing is selling like hot cakes (not just to foreign investors, but to tons and tons of families), people are making big purchases they held of on during the recession such as buying new cars now that they have more financial stability. New stores are opening, sales are way up at most of these retailers. Evidence that the recovery is real is all around us!
And the market tanking? It has been up and down, but still remaining at near record levels, with a big 240 or so point gain just yesterday.
Oh please. Millions of people felt the recovery. Just go around to many different cities in this country- it's so different than it was 5 years ago. People are employed again, making decent money again- housing is selling like hot cakes (not just to foreign investors, but to tons and tons of families), people are making big purchases they held of on during the recession such as buying new cars now that they have more financial stability. New stores are opening, sales are way up at most of these retailers. Evidence that the recovery is real is all around us!
And the market tanking? It has been up and down, but still remaining at near record levels, with a big 240 or so point gain just yesterday.
There are more people out of the workforce then since the 70's and it's mostly younger people.
Should the market lose 10,000 points today it will still be higher than it was when Gomer left the Whitehouse. What would make the conservatives happier I wonder. A stock market crash or a major terrorist attack on U.S. soil? Any reason to howl about that guy who kicked their butts twice would put smiles on their sad faces.
Of course it's phony.
Banks printed trillions to buy stocks.
Banks program the market to stay high for years.
Insiders sell stocks at highs for years, gradually.
Banks instigate "crisis".
Banks buy stocks again 25+% lower.
Meanwhile, the trillions in new debt and new money supply
remains, and those in on the scam escape offshore.
Should the market lose 10,000 points today it will still be higher than it was when Gomer left the Whitehouse. What would make the conservatives happier I wonder. A stock market crash or a major terrorist attack on U.S. soil? Any reason to howl about that guy who kicked their butts twice would put smiles on their sad faces.
I'm not a Conservative but yes, a crash would make me happy. I'm amazed at the hypocrisy of those who cry about all the money that is in politics and big bad corporations but refuse to condemn the reasons why the gap between the haves and the have nots has grown so much worse the last 7 years.
Just like clockwork. The internet bubble, the housing bubble, and now this. Obama's phony recovery is being exposed as just another bubble inflated by the Federal Reserve's cheap money policy.
The party is coming to an end.
Funny thing is, many people never felt the recovery. It's like the recovery that never was.
Since 2008 my income has nearly doubled. My 401k has multiplied by 5. I bought a foreclosed house that's now worth 30% more than the purchase price.
So um... speak for yourself. The Obama Recovery has treated me pretty well.
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