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piezoe
Registered: Jan 2006
Posts: 4934 |
09-13-12 10:29 PM
Quote from Handle123:
Going to wait till it all comes crashing down, wait two years, and buy real estate like a madman with cash. We are just setting up for a Global Depression. Need a President that has some balls, heavy sales tax of any foreign made or parts with product. Reduce corporate taxes to 5%.
Make a foreign made toaster $500, betcha companies start making factories.
I Expect the quality of toasters to plummet. 
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piezoe
Registered: Jan 2006
Posts: 4934 |
09-13-12 10:30 PM
Quote from Ripley:
Stock markets are pricing in a Republican victory this election. Markets are not moving on economic fundamentals, but on the premonition of a change in economic policies.
THIS is proof that you have completely lost your mind.
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piezoe
Registered: Jan 2006
Posts: 4934 |
09-13-12 10:35 PM
Quote from Kensho:
Today's fed decision was the most blatantly political one in its history. All Ben had to do is wait 1.5 months until after the election to launch QE3. Its is not even QE3 - it is basically a threat. He is basically saying go out and buy stocks, commodities, and real estate otherwise you're money will be worthless. And yeah, he pretty much guaranteed his boss's election victory.
Not really. No more blatant than Greenspan's moves before elections, or for that matter Goldman changing the weighting of gasoline futures in the GSCI and then Hank moving to treasury. I see all this as business as usual.
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Ripley
Registered: Aug 2004
Posts: 2063 |
09-13-12 10:36 PM
Quote from piezoe:
THIS is proof that you have completely lost your mind.
I'm calling both FL and OH for Romney, and hence the general election. You'll see when its all said and done.
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MKTrader
Registered: Dec 2005
Posts: 2215 |
09-14-12 01:20 AM
Quote from piezoe:
Not really. No more blatant than Greenspan's moves before elections, or for that matter Goldman changing the weighting of gasoline futures in the GSCI and then Hank moving to treasury. I see all this as business as usual.
When did Greenspan do anything like this within 2 months of an election? 1998 wasn't an election year, BTW.
Again, it's unprecedented considering there's no 2008 crisis scenario, no LTCM, no '87 crash, no 9/11, etc. Granted, I think there are still some major problems under the surface, but QE could wait another few months--if QE is even the answer (and I don't think it is).
All major indices were up over 10% before today. The Fed has never done anything like this in front of an election.
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gtor514
Registered: Mar 2005
Posts: 214 |
09-14-12 05:06 AM
Quote from zboy2854A:
It's for the best, really. Given what is coming in the economy over the next 4 years, better that it come crashing down on Obama's head. As Prechter recently said in a newsletter, with what is looming in 2013-2016, vote for whichever candidate you like the least.
I couldn't agree more. Anyone running for president should be careful what they wish for. I want the liberals holding power when the country goes broke and they have to gut the federal government, medicare, ss and welfare. These policies are all instruments of the left to subjegate the US and hold power with the promise of protecting these policies against the evil right.
Let's see how much power and votes they'll have when the masses realize they were all lies.
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