Election results: Nothing will change

MKTrader · Nov 10, 2012

Quote from Humpy:

Equal pensions for all. At least the poor could live out their retirement in some comfort, having been gouged for all their miserable lives.

etc.

Gouged with "free" food stamps, housing, medical care, phones, education, etc. Retirement won't be much different for the entitlement class. They never knew what it was like to work in the first place.

Now the working poor are a different story. The things they pay dearly for--gasoline and food--don't even show up on "core" CPI. They get screwed by QE and meaningless/politicized economic data.

Ricter · Nov 10, 2012

Quote from MKTrader:

Now the working poor are a different story. The things they pay dearly for--gasoline and food--don't even show up on "core" CPI. They get screwed by QE and meaningless/politicized economic data.

WTI was over $100 bbl before QE3 and was $86 on Friday.

Humpy · Nov 11, 2012

It may well get to the situation where there is widespread rioting or worse. The Constitution has many fine aspects imho but the right to bear arms may come back with a vengeance. Where everyman and his dog have weapons. Yes , it could get very nasty.

377OHMS · Nov 11, 2012

Quote from Humpy:

It may well get to the situation where there is widespread rioting or worse. The Constitution has many fine aspects imho but the right to bear arms may come back with a vengeance. Where everyman and his dog have weapons. Yes , it could get very nasty.

You're going to be ok unless they start locking up retarded people.

Humpy · Nov 11, 2012

Quote from 377OHMS:

You're going to be ok unless they start locking up retarded people.

LOL we will see what happens.

When the Afros, Latinos etc start stockpiling weapons then it could get bloody. The Soviets collapsed internally but managed to sell democracy western style to satisfy the mob, but what happens when democratic countries crack up.

Interesting

MKTrader · Nov 11, 2012

Quote from Ricter:

WTI was over $100 bbl before QE3 and was $86 on Friday.

And what was it before ZIRP or QE 1 even started?

Way to miss the point.

Ricter · Nov 11, 2012

Quote from MKTrader:

And what was it before ZIRP or QE 1 even started?

Way to miss the point.

Back at ya, you don't have correlation much less causation.

Tsing Tao · Nov 11, 2012

Quote from Ricter:

WTI was over $100 bbl before QE3 and was $86 on Friday.

Yeah, and hows the market doing? You can have one or the other, Ricter. Not both.

MKTrader · Nov 11, 2012

Quote from Ricter:

Back at ya, you don't have correlation much less causation.

Go back to 2000-2001, before the first round of big rate cuts during the tech bubble. WTI was around $25. If you have 3rd-grade deductive logic skills, you'll know that money will chase something else when CDs, money market accounts, etc. are near zero. Hence the beginning of a commodity boom.

Hopefully you're just trolling and know all this, but I've learned to not underestimate the intelligence of some ETers.

Ricter · Nov 11, 2012

Quote from Tsing Tao:

Yeah, and hows the market doing? You can have one or the other, Ricter. Not both.

Now you're undermining the influence of QE still further.