"What is neurosyphilis?" for 300 points, Alex.
A Democrat Party Win and a Stock Market Crash
- Thread starter wildchild
- Start date
Yawn.
It is true that Obama was so bad he needed the Fed to pump TRILLIONS into the economy.
Don't worry, work a little harder and you can earn your GED in a few years. You anti-American left wingers really are something, sitting on your fat asses looking for a handout from someone else.
You seem to just be stupid and believe all this shit you post. The concept that stock market performance matters when the house changes party is a stupid concept. Hell, Trump's idea to take credit for stock market gains since he got elected was stupid ( most of which have since disappeared anyways ).
More stupidity from you. The Fed pumped trillions because of a crisis that developed under GWB. To suggest otherwise is stupid. I suppose in that head of yours you'd have preferred a Depression and 20% unemployment so you could blame Obama on here.
I can't believe lefties think the Fed was paid back, so its all good.
The FED put out 29 trillion dollar at well below market rates to preserve banks and institutions which should have folded.
Those banks and institutions borrowed that cheap money and sold virtually worthless securities to the FED at much better than market rates.
To act like it was all good because the FED got paid back is to not understand the massive transfer of wealth the really cheap money facilitated. They do not understand how damaging it was to the value of the dollars we owned.
Frankly you lefties are dangerous to the future generations of voters .
You apologize for anti freedom big govt and central bankers which rule our elected officials.
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Here is how the massive lending at below market rates is explained...
https://www.cnbc.com/id/45674390
So this guy from (let's say) Morgan Stanley walks into a bar.
He orders drink after drink. Downs a dozen or so high-quality glasses of Scotch. Does a few shots of tequila. Maybe grabs a beer at the end of the night.
The bar manager sees the condition the guy is in, takes a look at his tab. Sees the total amount of drinks he’s been served. Grabs the bartender aside and asks him a question.
“Bartender Ben, how many drinks did you serve that guy?”
“Just one,” Bartender Ben says.
“Ben! Be straight with me. I’m looking at his tab. Scotches. Shots of Jurado Tequila. A pint of Six Point. You served him a lot more than one drink,” the manager says.
“You’re looking at it wrong, my friend. You are adding up all the drinks I served him over the whole night. But at any one time, I only served him one drink,” Bartender Ben explains.
Just then the guy from Morgan Stanley looks up. His glass is empty again. “Bartender,” he says. “I’ll have a another.”
“See,” says bartender Ben. “Just one at a time.”
Quite obviously Bartender Ben’s position is absurd.
more at the link.
The FED put out 29 trillion dollar at well below market rates to preserve banks and institutions which should have folded.
Those banks and institutions borrowed that cheap money and sold virtually worthless securities to the FED at much better than market rates.
To act like it was all good because the FED got paid back is to not understand the massive transfer of wealth the really cheap money facilitated. They do not understand how damaging it was to the value of the dollars we owned.
Frankly you lefties are dangerous to the future generations of voters .
You apologize for anti freedom big govt and central bankers which rule our elected officials.
--
Here is how the massive lending at below market rates is explained...
https://www.cnbc.com/id/45674390
So this guy from (let's say) Morgan Stanley walks into a bar.
He orders drink after drink. Downs a dozen or so high-quality glasses of Scotch. Does a few shots of tequila. Maybe grabs a beer at the end of the night.
The bar manager sees the condition the guy is in, takes a look at his tab. Sees the total amount of drinks he’s been served. Grabs the bartender aside and asks him a question.
“Bartender Ben, how many drinks did you serve that guy?”
“Just one,” Bartender Ben says.
“Ben! Be straight with me. I’m looking at his tab. Scotches. Shots of Jurado Tequila. A pint of Six Point. You served him a lot more than one drink,” the manager says.
“You’re looking at it wrong, my friend. You are adding up all the drinks I served him over the whole night. But at any one time, I only served him one drink,” Bartender Ben explains.
Just then the guy from Morgan Stanley looks up. His glass is empty again. “Bartender,” he says. “I’ll have a another.”
“See,” says bartender Ben. “Just one at a time.”
Quite obviously Bartender Ben’s position is absurd.
more at the link.
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When’s your wife going to give you back your man card and let you start trading again? You’re missing out on the best trading markets in years. Getting paid to post on here and wherever else has got to be getting old.