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Stock market reaches 2 year high..
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ironglow
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Stock market reaches 2 year high..
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November 05, 2010, 02:11:13 AM »
Stock market hits 2 year high yesterday. Just two days after a conservative takeover of the house of representatives, the stock market hits 2 year high point. How long ago was Obama and the liberal herd swept into all three parts of the federal government ? Two years ago, wasn't it ? "Spose that's just a "coincidence" ?
A seemingly contradictory bit of info from (of all places) the Huffington Post...No matter how B.Hussein Obama rages against the big bankers, he and they are best friends. As the article shows, that in the 2008 presidential year campaigns, the top 6 bankers on wall st gave $282,100 to Dems and a $7,650 token to Reps. It should come as no surprise that Tim Geithner's old firm, Goldman-Sachs came into the many millions of our tax money.. handed to them by the BHO administration.
http://www.huffingtonpost.com/charles-gasparino/barack-obama-wall-street_b_755845.html
Seems incongruous that such should be; the big banks back BHO and yet the stock market has a huge gain when he is curbed, but we must remember a few things;
!) The top 6 bankers don't buy most oif the stock.
2) They also are shrewd enough to know which theory (conserv vs lib) is more likely to produce prosperity and/or if conserv is partly in control, such will at least slow the economic "free fall" we are in.
3) Don't forget the cash value of the bailout boon..robbing the poor (through taxes) to pay the rich (bankers)..
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ironglow
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Re: Stock market reaches 2 year high..
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November 05, 2010, 02:14:14 AM »
Geithner & the Goldman-Sachs..AIG group connection..
http://www.bloomberg.com/news/2010-01-25/goldman-parachute-awaits-geithner-to-ease-fall-caroline-baum.html
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ironglow
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Re: Stock market reaches 2 year high..
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November 05, 2010, 07:41:12 AM »
Soon, anything we have, Stocks, bonds, IRA, 401K, retirement income, annuity or savings will be worth far less. ... If the fed follows through with their plan this week to print 600,000,000,000 in worthless, non-secured dollars...
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Stock market reaches 2 year high..