Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | All Access e-Edition | Home RSS
 
 
 

Market Surge Is Misleading

April 1, 2013

Federal Reserve Chairman Ben Bernanke issued a not-so-gentle reminder last week in explaining the Federal Open Market Committee’s decision to stand pat, again, on artificially very low interest rates....

« Back to Article

 
 
sort: oldest | newest

Comments

(35)

GioAllie

Apr-04-13 7:32 PM

well, good news for some......

0 Agrees | 2 Disagrees | Report Abuse »

GioAllie

Apr-04-13 5:25 PM

more "misleading" market good news today--dow up 55 pts.

0 Agrees | 2 Disagrees | Report Abuse »

GioAllie

Apr-04-13 2:22 PM

with a single "agree" to your credit, it's more than just myself questioning your credibility--but keep on keepin on, it's good for a laugh or two.

0 Agrees | 2 Disagrees | Report Abuse »

GioAllie

Apr-04-13 12:12 PM

really lonerider--so you've posted something that we can't find--that no one actually knows about[the increased healthcare costs, talking points]that you can't prove---rather great accomplishment--or just a bad hair day--

0 Agrees | 3 Disagrees | Report Abuse »

GioAllie

Apr-03-13 10:30 PM

talk about "misleading"--loner makes fearful baseless accusations, can't back them up, and then accuses the president's party of "fear-mongering." Where do they find these characters? Nite all-it's been fun.

2 Agrees | 4 Disagrees | Report Abuse »

GioAllie

Apr-03-13 10:22 PM

"they have been pointed out before"--of course they have-so you "aren't going to do it again"----of course you aren't, LONER--lip service with no substance--AGAIN.

2 Agrees | 4 Disagrees | Report Abuse »

GioAllie

Apr-03-13 9:16 PM

I guess lonerider is still searching for those "innumerable"[thanks norman] new health care costs soon to ravage the middle class. A slight market dip today.

2 Agrees | 4 Disagrees | Report Abuse »

GioAllie

Apr-03-13 5:00 PM

off topic, but actually, in response, the tax breaks for the jobs producers, funded with china loans are the "biggest tax" on the middle class, and add to that the senior prescription drug scam and you have the ultimate "biggest" tax levies--thanx to dick and George. But perhaps lonerider might post the actual cost of healthcare reform that he speaks of sooo frequently.....just thought I'de ask.

2 Agrees | 4 Disagrees | Report Abuse »

GioAllie

Apr-03-13 12:55 PM

I thought this was the market surge site--perhaps someone can contribute a health care letter for discussion, possibly lonerider--now there's a thought.

1 Agrees | 3 Disagrees | Report Abuse »

GioAllie

Apr-03-13 8:52 AM

scally--I welcome those little button hits, because they are usually followed by silence and or insults, and that merely proves my point.

2 Agrees | 3 Disagrees | Report Abuse »

FedUpL8ly

Apr-03-13 1:36 AM

Also to DavidVA, you're still calling for more of the same spending that Obama said was going to be in Stimulus 1. Where did that first $900 Billion go? Since then, Obama and his fool academics wasted over $100 Billion on very dubious green energy companies, of which more than two dozen have already declared bankruptcy. That was 2009 spending supposedly for infrastructure and shovel-ready jobs. Obama later admitted in a 2011 speech you never heard on MSNBC, that there were no shovel-ready jobs. The truth is there were many shovel-ready jobs,like the XL Pipeline, that would have resulted in hundreds of thousands of good-paying jobs that Obama and his administration have blocked for no good reason other than to squeeze more money from special interest lobbyists. You and others on here are always bemoaning how our government has sold out to money. Well take a good hard,long look and you'll find that public unions dwarf all other sources.

3 Agrees | 3 Disagrees | Report Abuse »

FedUpL8ly

Apr-03-13 1:19 AM

DavidVA- For you to say the CRA had no part in the housing bubble is ridiculous. I guess you just can't admit the liberal Democrats you so adore could hold any responsibility for anything lousy. I don't think you even understand what the CRA forced banks to do. If you did, you would know that Barney Frank in the House and Chris Dodd in the Senate were the leading proponents of this law. It forced banks to lend money to people who couldn't afford loans or had poor credit histories. Then, they told the banks not to worry about losses because the Gov't. would guarantee the loans through Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac gave tens of millions in campaign contributions to Obama,Dodd and Frank even while they were losing hundreds of billions of dollars. Franklin Raines was paid almost $100 MILLION before joining the Obama administration. Even after finding out that Raines cooked the books, the Holder Justice Dept. has failed to bring charges.

2 Agrees | 2 Disagrees | Report Abuse »

SCALLYWAG

Apr-02-13 10:29 PM

Time will tell. The sell button is the one everybody better be ready to jump on. This whole business climate scares the heck out of me. To my band of disagrees I truly hope you can tell me told u so

2 Agrees | 2 Disagrees | Report Abuse »

GioAllie

Apr-02-13 7:37 PM

scally-timing is everything in the market and luck plays a large role also. I'm standing pat, in hopes we hit 1600.

1 Agrees | 3 Disagrees | Report Abuse »

GioAllie

Apr-02-13 4:45 PM

scally--5 of your pals didn't think your advice had merit....

2 Agrees | 3 Disagrees | Report Abuse »

ironyoozesfromyouryap

Apr-02-13 12:54 PM

David - they have always had the keys. Nothing new under the sun. New government,old government, no government.

Idealists can't comprehend this. The government is made up of people - the same people who are in positions of high power, corporate power, low power. When low powered people empower themselves, they change the system. Unfortunately, low-powered people today feel the need to live in a dreamworld.

0 Agrees | 4 Disagrees | Report Abuse »

DavidVA

Apr-02-13 9:10 AM

@FedUpL8ly - There is only one cause of the mess we're in, and the government only did it as a favor to the well connected. Hint: it has nothing to do with the CRA.

We've given the rich and powerful the keys to the governement. They write our laws determine who pays taxes, and pass out the bacon. Not surprising: they keep most of it for themselves. So the trickle-down concept has now been shown to be the sham it always was.

There are no good options, but the best-bad option is large and sustained governement spending on things we need: infrastructure, renewable and non-depletable energy, and a beter electrical grid ... among others. In short, we need those jobs ... badly.

In turn, taxes on the rich need to go way up, with the special exemptions for unearned income going away first. <RANT>I work for a living, and I can't see why the wealthy get better tax treatment on the money their money earns than I do on the sweat on my brow.</RANT>

'nuf said

2 Agrees | 5 Disagrees | Report Abuse »

GioAllie

Apr-02-13 8:11 AM

scally--when I find a comment agreeable, I will agree. Your advice had merit.

0 Agrees | 6 Disagrees | Report Abuse »

FedUpL8ly

Apr-02-13 5:45 AM

I should have deleted not in the second line of my previous post.

2 Agrees | 2 Disagrees | Report Abuse »

FedUpL8ly

Apr-02-13 5:42 AM

DavidVA- I agree with you as far as CD's, Money Market funds and savings accounts not being practically worthless as investments. Bonds are a fiasco waiting to happen. Municipals due to future defaults by cities or states and U.S. Treasuries will be a BIG lser if interest rates start to rise and if you hold to maturity, you'll lose due to the inevitable inflation coming in the not too distant future. But blaming Reagan? Really! The Community Reinvestment Act came along under Clinton. That was the genesis of the housing bubble. And I'm not saying Clinton was the main cause. Most of the blame falls on the Congress as they set the rules.

3 Agrees | 3 Disagrees | Report Abuse »

SCALLYWAG

Apr-01-13 9:57 PM

Time will tell for my three disagrees you either have something to gain or you have nothing to loose. That's scallywags stock tip of the day.

3 Agrees | 3 Disagrees | Report Abuse »

SCALLYWAG

Apr-01-13 9:52 PM

Gio did we just agree. Maybe a little bit. U gained my respect with your one line posts yesterday

5 Agrees | 2 Disagrees | Report Abuse »

GioAllie

Apr-01-13 2:28 PM

perhaps.....

1 Agrees | 3 Disagrees | Report Abuse »

SCALLYWAG

Apr-01-13 1:23 PM

Can u say now is the time to stick it in the money market or precious metals or watch it vanish. It's really that simple. Happens every time. The boys run er up then take your money.

4 Agrees | 5 Disagrees | Report Abuse »

DavidVA

Apr-01-13 12:15 PM

On QE and the market -

Let's be honest here. QE has made CDs and bonds nearly worthless as investments. interest rates are near zero.

So the money flees to the market, where returns are higher ... as long as the economy doesn't tank. It looks good for now, but the sequester is having an impact and the ecnomy isn't growing on its own.

Let's see how that plays in the next few months. Based on the last few recessions (thank you Ronald Reagan), employment will never recover to pre-recession levels, and the recessios are now returning every 7 to 10 years. 2007 + 7 = 2014.

2 Agrees | 6 Disagrees | Report Abuse »

Showing 25 of 35 comments Show More Comments
 
 

Post a Comment

You must first login before you can comment.

*Your email address:
*Password:
Remember my email address.
or
 
 

 

I am looking for:
in:
News, Blogs & Events Web