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Re: FYI....During the last four years, the investor class and top 10% have benefited more than......confused_smile
salonpas 207 reads
posted

........any other group by a rise in the stock market. Off course the middle class/mainstreet has been shafted by a loss in their house values and higher unemployment.

sassyfla1769 reads

http://hopenchangecartoons.blogspot.com

http://hopenchangecartoons.blogspot.com

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willywonka4u190 reads

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sassyfla234 reads

http://totus-blog.blogspot.com/2012/03/get-your-obamacard-now-its-free.html

Problem is when there is no capitalism,  there will be nobody to pay your way Willy or anyone else's.  Besides the  $16,232,727,861,813.63 in debt we are right now,  when there is no money coming into our government,  who will pay for that debt?

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salonpas208 reads

........any other group by a rise in the stock market. Off course the middle class/mainstreet has been shafted by a loss in their house values and higher unemployment.

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sassyfla239 reads

That is a superficial rise in the market,  and like any "Bear Market" bubble,  it will be much more perverse.  It is a market,  with the majority of funds being from government stimulus as the economic trends are still slowing.  The current bubble in stocks,  gold, commodities and junk bonds will burst,  (personally,  I give it 2 years)  and with that,  the housing,  mortgage and banking crisis will come back with a fury and vengeance.    There is guaranteed to be a massive downward movement in the next few years,  some macroeconomists predicting as low as 3900 which is where we actually started in this bubble back in the eighties.  Remember,  when it comes to the economy nothing happens overnight,  there is an ebb and a flow as with everything in life.   The one good thing to come out of this will be "the deflationary period" in that,  consumer goods will drop in price,  if no one is purchasing them.   Keep your money in cash,  keep your credit good and those that do that,  will come out on top.

Have a most wonderful Sunday

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anonymousfun185 reads

Do you know the difference between unfettered capitalism and free markets? Apparently not. What the world had from the 17th century through 19th century was unfettered capitalism through imperialism and colonialism. Worked out well for a few, the rich and the powerful not for the majority. Got toppled. Heard of Magna Carta, heard of French Revolution, heard of the Bolsheviks, heard of the Nazi’s(surely you have).

A wise man said, “capitalism left unchecked makes the rich richer and poor poorer”. Rings bell? Of course not!.

Do you know who said it.


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willywonka4u196 reads

The answer: Mostly, the rich do. The reason why we have that debt: We gave the rich a 50% tax cut during the Reagan administration.

I think I see a solution to this.

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NeedleDicktheBugFucker192 reads

If they are rigged like you "Proved" your confidence seems or like whistling in the dark to keep up your spirits:D

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JeffEng16198 reads

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NeedleDicktheBugFucker188 reads

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