Forum Post: Stock market at all time high
Posted 11 years ago on Nov. 23, 2013, 10:02 a.m. EST by MarketWatch
(2)
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Elites are making more money than ever.
How does this reflect on Occupy's ability to raise awareness of Wall st greed?
"Hear the sucking sound", of blood leaving the bodies of us regular people. The cost of most things is twice what it should be.
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"Elites are making more money than ever" on the market.
It's called the quanititive easing bubble,... "which has done nothng for the average person on the street," ...except helped some of them recover a portion of their 2008 losses.... and we have become hooked on QE..
..And the question is not IF, but rather WHEN the bubble will burst and how bad the repercussions will be to us regular folks... whether you have money in the market or not.
And the other good question for the little guy or gal who still has money invested in the market... maybe in a 401K or IRA..is.... not IF you should get out of the market, but rather WHEN you should get out.
I suggest that you get out before 'they' do, and put your money in a safe place.....if there is one still.
"The Federal Reserve is creating hundreds of billions of dollars out of thin air and using that money to buy US government debt and mortgage back securities [at pre-crash prices] and take them out of circulation......This bubble is "completely and totally divorced from economic reality," and it has caused the Fed's balance sheet to balloon from under a trillion dollars to nearly four trillion."
http://theeconomiccollapseblog.com/archives/the-federal-reserve-is-monetizing-a-staggering-amount-of-u-s-government-debt
This is just another example of malfeasance, and greed and corruption on the part of our politicians, and the big bankers that are actually running this country.
I've been listening a lot at those Alt Bank meetings which I attend, and it has broadened my horizons a bit, but it is not helping my usual positive attitude.
http://www.bloomberg.com/news/2013-11-21/no-renaissance-for-u-s-factory-workers-as-pay-stagnates.html
The idiots at Bloomberg like to pretend like this is a new thing.
It isn't, by a long shot.
This post and the comments (except the one by GetRicherYeah) are so bad, I can't even begin.
I bought 300 shares Icahn enterprises at $80/share and sold at $115. Made $10500 profit in one month. That's what everyone should do.