Can Capitalism save America ?

[Petsamo]

Quote from CaptainObvious:
he probably can't fix it seeing how he's bought and paid for by the same corporate thugs that own the political system.

Obama does not want to fix America, he wants to dismantle it, and he's succeeding. Thank goodness the Republicans are there to restrain him.

 

[CaptainObvious]

Quote from Petsamo:

Obama does not want to fix America, he wants to dismantle it, and he's succeeding. Thank goodness the Republicans are there to restrain him.

Anyone who thinks republicans are going to fix this is suffering from Stockholm syndrome.

 

[MarketMasher]

You would have to go back and let the banks fail first.

Then rebuild the banking system so that it does banking again, leaving the casino part out.

 

[Petsamo]

Quote from CaptainObvious:
Anyone who thinks republicans are going to fix this is suffering from Stockholm syndrome.

How do you explain the relentless market rally from the beginning of Sept '10?

 

[Lucrum]

Quote from Petsamo:

How do you explain the relentless market rally from the beginning of Sept '10?

The Fed pumping cheap printed/borrowed money into the system.

 

[Petsamo]

Quote from Lucrum:
The Fed pumping cheap printed/borrowed money into the system.

So the Fed just started printing money Sept '10?

 

[Scataphagos]

Quote from Lucrum:

The Fed pumping cheap printed/borrowed money into the system.

Just $5 Billion/day, on average.... said to be continuing until the end of June.

 

[Lucrum]

Quote from Petsamo:

So the Fed just started printing money Sept '10?

I think it's been going on a lot longer than that.

 

[Petsamo]

Quote from Lucrum:
I think it's been going on a lot longer than that.

And we're back to my claim that the relentless market rally from Sept '10 is the result of the foreseen Republican victory in Congress.

 

[Lucrum]

Quote from Petsamo:

And we're back to my claim that the relentless market rally from Sept '10 is the result of the foreseen Republican victory in Congress.

If you say so.