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What's up
We now have more people employed tha before the recession but mostly in poor paying jobs.
Wall St. looks to either break 17,000 or go into the toilet. The Fed is holding interest rates artificiall low - hurting senior citizens the most. So what is responsible for this?:confused: |
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Well I am quite certain the boys in the big casino in lower Manhatten are up to summat
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The FED is attempting to stimulate consumerism by holding down interest rates. It isn't working because even people who are working, but perpetually broke anyways, cannot afford any more debt whether the interest is 20% or 0%. It's class warfare, Rob. And the "little people" are losing. In many cases fighting diligently against themselves, because they don't believe "class warfare" exists. So, obviously giving tax cuts to billionaires and corporations who find ways around paying them anyways, is the only sensible answer.:rolleyes: Dave |
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Dave |
We now have more people employed tha before the recession but mostly in poor paying jobs. We added around 2 million more people to the working age in that time also. So persentage wise we are down.
Wall St. looks to either break 17,000 or go into the toilet.Everybody chears these records, the fact of inflation needs to weigh in and population growth. Plus the QE suggar rush on the market, Just because there is more dollars in serculation doesn't mean there is any more value/ purchasing power, The Fed is holding interest rates artificiall low - hurting senior citizens the most. No hurting everyone that hold fiat currency. And earns it for that matter when your wage increas is based on inflation. When interest rates or lower than inflation the banks are robbing you. Blah, Blah, Blah................... Nope, guess again. Dave |
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The market is in the tank, but the majority of sales in this area are going to cash buyers. There are people out there with big wads of cash buying them up. My house is going to a cash buyer. For $15,000 less than I paid for it 10 years ago, and I think I did well. The Real Estate Agent I used told me that every house sale he has had so far this year has been cash. |
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Dave |
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And, then you follow that statement that no one is "behind the scene pulling levers" by claiming "Obama" is "behind the scene pulling levers".:rolleyes: Dave |
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