The Democratic Party’s Growing Radicalism

Read the comments section on this article to get a good feel for how the consumer is doing under all this fake growth, inflationary b.s. compiled with added cost of insurance due to obamacare. To put it simply, the american consumer is fucked and all we have done since 2008 is mask it, declining wages, with inflation taking away what ever dollars remain, this wont end well, I took another stab at shorting the market today i think the highs are in for the summer atleast, market cant handle strong USD now its just a question whether Yellen follows suit with the rest of the world and continues destroying our currency.

Right now im all in long the SPXS (Leveraged sandp bear ETF) in my retirement accounts with a stop if the market sets new highs, so its not going to cost me much.

http://blogs.wsj.com/economics/2015...er-to-stingy-american-consumers/tab/comments/
 
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inflation?

well a dollar will certainly buy more gold or crude than it use to...so no inflation there

on the other hand, I use to be able to buy a spy for $150, what is it today? $211? That's a lot of inflation.
 
loyek590 said:
inflation?

well a dollar will certainly buy more gold or crude than it use to...so no inflation there

on the other hand, I use to be able to buy a spy for $150, what is it today? $211? That's a lot of inflation.
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Yeah, you got me, inflation is really under control, when compared to wages, since the lows of 2009, so long as you dont need gas for your car, food to eat, or a house to live in, or healthinsurance if you can eat your smart phone then you are doing fantastic!
 
Max E. Pad said:
Yeah, you got me, inflation is really under control, when compared to wages, since the lows of 2009, so long as you dont need gas for your car, food to eat, or a house to live in, or healthinsurance if you can eat your smart phone then you are doing fantastic!
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the price of gas and food has little to do with monetary policy and everything to do with war and weather
 
loyek590 said:
the price of gas and food has little to do with monetary policy and everything to do with war and weather
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If that were true then you would have to agree that the price of food and oil should be lower in nominal terms today than it was in 1940 when we had the depression and world war 2.
 
jem said:
I am still laughing at loyek's comment. I enjoy a good game of whiffle ball.
but on to the subject.

You know we don't have goo socialism or good capitalism. everything that could be good is destroyed by the the pre fascist cronies.

Obamacare destroyed the idea of single payer.

George Bush gave us drug company care with the govt paying full freight for drugs instead of negotiating volume discounts.

We lease out our lands and natural resources at below market rates, we have no idea how the federal reserve spread trillions and trillions of dollars all over the world... but we take income tax money from the working class...and in case they grew it into a small next egg we steal it from them when they died.

I am sure Sanders message is far more appealing than the crap we get out of the democrats or the establishment republicans. 99% of the people know that what we are getting right now is the worst of socialism and capitalism. Our politicans are wrecking the system.

So if Sanders can position himself as better... he will get a following.
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Your observations often seem right on, but your solutions pretty hair brained at times. Don't take this remark too seriously however. It is just one man's opinion.

One thing you are dead wrong about however is this : "...we have no idea how the federal reserve spread trillions and trillions of dollars all over the world..." Jem. I have never understood how you can be so well-informed about so many issues and yet so ignorant of your Central Bank's operations.
 
Max E. Pad said:
If that were true then you would have to agree that the price of food and oil should be lower in nominal terms today than it was in 1940 when we had the depression and world war 2.
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what do you think we should do to lower the price of food and gas?
 
piezoe said:
Your observations often seem right on, but your solutions pretty hair brained at times. Don't take this remark too seriously however. It is just one man's opinion.

One thing you are dead wrong about however is this : "...we have no idea how the federal reserve spread trillions and trillions of dollars all over the world..." Jem. I have never understood how you can be so well-informed about so many issues and yet so ignorant of your Central Bank's operations.
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Yeah we know exactly where that money went, it went into the bond and stock market, at the benefit of the banks. TLT was the easiest money short of all time a few months ago, unfortunately im a wuss and i cant hold onto things, plus I dont trust that we arent witnessing the beginning of an elongated cycle into negative interest rates, anyone who thinks Yellen is actually going to raise interest rates this year has their head up their ass, Europe and China and Japan are all content on destroying their currency, no way we are going to fight a softening economy with a stronger dollar, central banks are going to keep on flooding the market with currency until we hit hyperinflation one day, thats the only way out.
 
loyek590 said:
what do you think we should do to lower the price of food and gas?
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The saudi's are doing it for us, with oil, but once they finish off all the junior oil mining companies who are overleveraged, oil prices will go right back up, but for the most part the best option is the free market, all i know is that this race to the bottom we have going on with every country in the world devaluing currency to chase false, inflationary growth, is not the answer. All we are doing is masking the problem of a lack of growth with inflation, and hurting people in the process.
 
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