Nasdaq closing at a 14-year high

http://money.msn.com/business-news/article.aspx?feed=OBR&date=20140818&id=17864787

2seaoat wrote:http://money.msn.com/business-news/article.aspx?feed=OBR&date=20140818&id=17864787

ONCE AGAIN 2seaoat celebrates the rich getting richer and the middle class getting poorer due to the policies of semi-retired President Barack Hussein Obama. Untold hundreds of BILLIONS OF DOLLARS continue to be pumped into the money supply by this failed government.

Once again, during the administration of President Obama, the chart had to be enlarged...AGAIN.



http://research.stlouisfed.org/fred2/graph/?s[1][id]=AMBNS

There will be a price to pay.

http://www.telegraph.co.uk/finance/financialcrisis/11041871/Germany-save-the-eurozone-It-will-be-hard-pressed-to-save-itself.html

You guys are funny. You amuse me. Mr. Markle with his cut and paste graphs which say nothing, or PK with his usual the sky is falling blurp.


You know.......smiles are good for your health. If I have never told you this......well.......let a simple thank you suffice.

The market has pushed up simply because there's nowhere else to get a return.
1 year CD's are paying just a little over 1%, 5 year CD's a little over 2%.
But this is taking us towards a market bubble. If I didn't need the dividends from my utility stocks to live off of I would never consider holding stocks right now.

*****SMILE*****

https://www.youtube.com/watch?v=eih67rlGNhU

  

Markle wrote:ONCE AGAIN 2seaoat celebrates the rich getting richer and the middle class getting poorer due to the policies of semi-retired President Barack Hussein Obama.  Untold hundreds of BILLIONS OF DOLLARS continue to be pumped into the money supply by this failed government.

Once again, during the administration of President Obama, the chart had to be enlarged...AGAIN.

Are you under the impression that the president sets Fed policy?  You're wrong, if so.

There is something surreal about having to explain this to a person who participates on a political message board.

boards of FL wrote:

Markle wrote:ONCE AGAIN 2seaoat celebrates the rich getting richer and the middle class getting poorer due to the policies of semi-retired President Barack Hussein Obama.  Untold hundreds of BILLIONS OF DOLLARS continue to be pumped into the money supply by this failed government.

Once again, during the administration of President Obama, the chart had to be enlarged...AGAIN.

Are you under the impression that the president sets Fed policy?  You're wrong, if so.

There is something surreal about having to explain this to a person who participates on a political message board.

Are those hundreds of billions and trillions giving us great increases in the median income of workers?  Is all that money NOT finding it's way to the only relatively safe places...the stock market?  Making the rich richer and distancing them further from the average worker?

Cloward and Piven again? That response is so lame........

       

ZVUGKTUBM wrote:Cloward and Piven again? That response is so lame........

       

Yet, the doctrines and policies of this administration and that of the Clinton administrations are following the ideals professed in the Cloward Piven Strategy to the letter.

Current parallel?

Furguson Riots

From Francis Fox Piven. in the Socialist/Communist publication The Nation a beloved, first read daily comes this.
[...]
So where are the angry crowds, the demonstrations, sit-ins and unruly mobs? After all, the injustice is apparent. Working people are losing their homes and their pensions while robber-baron CEOs report renewed profits and windfall bonuses. Shouldn't the unemployed be on the march? Why aren't they demanding enhanced safety net protections and big initiatives to generate jobs?

Read more: http://www.thenation.com/article/157292/mobilizing-jobless#