Yeah Romney is a fucking moron LOL!. So shows his hand and threatens to fire bernanke. I guess idiot Romney forgot who holds the purse strings. Bernanke figured, fuck it I will make sure Obama wins then.
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.
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.
I'm calling both FL and OH for Romney, and hence the general election. You'll see when its all said and done.
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.
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.
Even though we've been riding down this slippery slope for more than a decade (arguably the LTCM bailout really set this in serious motion)...I think that alot of concerned/informed citizens were really up in arms during that bailout vote in the fall of 2008. It's easy to forget just how widely opposed it was at the time. TPTB knew that once you could get one massive bailout thru, the rest would be easy. Sure enough a few months later we had another round, then another, and another, etc, etc... Nowadays, there is so much bailout/QE fatigue that the Bernank just operates with impunity. Heck, if you told anyone two short years ago that the FOMC would be debating whether to extend the ZIRP pledge into 2016, people would have looked at you cross-eyed. Nowadays, it's just business as usual.
I don´t thik so, look on dollar, retarded Bernanke buys our socialistic currency EURO for your hard earned dollars. Do you want more euros? You will work for european socialistic debts. You will pay high price for gas, Obama lose. God bless America.