Election results: Nothing will change

Discussion in 'Politics' started by hajimow, Nov 6, 2012.

  1. MKTrader

    MKTrader

    Gouged with "free" food stamps, housing, medical care, phones, education, etc. Retirement won't be much different for the entitlement class. They never knew what it was like to work in the first place.

    Now the working poor are a different story. The things they pay dearly for--gasoline and food--don't even show up on "core" CPI. They get screwed by QE and meaningless/politicized economic data.
     
    #81     Nov 10, 2012
  2. Ricter

    Ricter

    WTI was over $100 bbl before QE3 and was $86 on Friday.
     
    #82     Nov 10, 2012
  3. Humpy

    Humpy

    It may well get to the situation where there is widespread rioting or worse. The Constitution has many fine aspects imho but the right to bear arms may come back with a vengeance. Where everyman and his dog have weapons. Yes , it could get very nasty.
     
    #83     Nov 11, 2012
  4. 377OHMS

    377OHMS

    You're going to be ok unless they start locking up retarded people.
     
    #84     Nov 11, 2012
  5. Humpy

    Humpy

    LOL we will see what happens.

    When the Afros, Latinos etc start stockpiling weapons then it could get bloody. The Soviets collapsed internally but managed to sell democracy western style to satisfy the mob, but what happens when democratic countries crack up.

    Interesting
     
    #85     Nov 11, 2012
  6. MKTrader

    MKTrader

    And what was it before ZIRP or QE 1 even started?

    Way to miss the point.
     
    #86     Nov 11, 2012
  7. Ricter

    Ricter

    Back at ya, you don't have correlation much less causation.
     
    #87     Nov 11, 2012
  8. Tsing Tao

    Tsing Tao

    Yeah, and hows the market doing? You can have one or the other, Ricter. Not both.
     
    #88     Nov 11, 2012
  9. MKTrader

    MKTrader

    Go back to 2000-2001, before the first round of big rate cuts during the tech bubble. WTI was around $25. If you have 3rd-grade deductive logic skills, you'll know that money will chase something else when CDs, money market accounts, etc. are near zero. Hence the beginning of a commodity boom.

    Hopefully you're just trolling and know all this, but I've learned to not underestimate the intelligence of some ETers.
     
    #89     Nov 11, 2012
  10. Ricter

    Ricter

    Now you're undermining the influence of QE still further.
     
    #90     Nov 11, 2012