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Not really the sign of an economic collapse and revolution so many people have been crowing about.
Caution is advised - the current market rally is another Goldman Sachs bubble.
Inside The Great American Bubble Machine : Rolling Stone (http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine - broken link)
Not to mention the fact that GS just recently sweated the theft of part of the code from their market manipulating program. "...there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways." Did Goldman Sachs Manipulate Markets?
Um, yeah... but Goldman Sachs wouldn't use it to manipulate markets... noooo...
Why would GS need to pump the stock market, elevating values beyond all credibility? Aside from GS milking profits with their program, the Treasury needs to auction $229 billion in securities next week. Yes, that's nearly $1/4 trillion.
He gets to blame Bush for the mess, but gets credit for the upswing.
Nice to have your cake and eat it too. Not that people really think this, but I'm sure it's cute that CDers think the general public does.
Ah, you're just p*ssed you were wrong about the economy collapsing.
You'll have to make up something else to blame on Obama I guess.
Seriously though - this just what I've been saying ever since March (but none of the Obamabashers wanted to listen) - the recession is coming to an end and a recovery is on the way.
Now the only questions are - How fast and how strong.
Caution is advised - the current market rally is another Goldman Sachs bubble.
Inside The Great American Bubble Machine : Rolling Stone (http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine - broken link)
Not to mention the fact that GS just recently sweated the theft of part of the code from their market manipulating program. "...there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways." Did Goldman Sachs Manipulate Markets?
Um, yeah... but Goldman Sachs wouldn't use it to manipulate markets... noooo...
Why would GS need to pump the stock market, elevating values beyond all credibility? Aside from GS milking profits with their program, the Treasury needs to auction $229 billion in securities next week. Yes, that's nearly $1/4 trillion.
Got to love how Obama walks into the mess, and for 6 months after he was in office, so many people want to point their fingers at him and scream. How many threads were created talking about "Obama's stimulus nightmare"?
When it starts to get better they want to bring the credit back to Bush, including the stimulus.
Seems a bit hypocritical to me.
It's to the credit of those who drafted and voted on it, and it's the fault of those who voted on the measures to get us here in the first place. Now it will be the responsibility of all those in the government to keep it going, and reduce the national debt.
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