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The Government Can’t Save the Market This Time

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 :: Unemployment Discussion :: The World Economy

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The Government Can’t Save the Market This Time Empty The Government Can’t Save the Market This Time

Post by Guest Fri Aug 05, 2011 1:17 pm

Well, it's deja vu all over again. Even after a better than expected jobs report this morning the stock market rally has faded. All three major indexes are swinging between gains and losses in the first half of the trading day.

But there are also several very important differences between this market crash and the ones a few years ago:

• The Fed has fired most of its bullets (interest rates are already at zero)
• Our budget deficit is already out of control, and Congress has had it with "stimulus"
• The public has had it with bailouts

In short, it IS different this time. And not in a good way.

http://finance.yahoo.com/blogs/daily-ticker/government-t-save-market-time-151809226.html?sec=topStories&pos=main&asset=&ccode=

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The Government Can’t Save the Market This Time Empty Re: The Government Can’t Save the Market This Time

Post by lendmeflight2 Fri Aug 05, 2011 3:57 pm

Well if the stimulus did nothing and not interfering will save the market, like the republicans say, then we have nothing to worry about right?
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Post by gettheminNOVEMBER Fri Aug 05, 2011 5:04 pm

lendmeflight2 wrote:Well if the stimulus did nothing and not interfering will save the market, like the republicans say, then we have nothing to worry about right?

If you think about it the stim bill was really republican. The dem bill was much higher and would have had a better impact. Did you know most of the teaparty people did not take the money? Knowing people need the jobs, they still did not take the money.

Psssst.... They don't want job, that would make Obama look good. They want to run the country as far down as possible to try to take back the White House in 2012.

TRUTH^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ MAD
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