Stocks rebound
On 19/04/2011 9:29 PM, I_am_Tosk wrote:
In , Lil
says...
On 4/19/2011 7:37 PM, Gene wrote:
On Tue, 19 Apr 2011 19:26:39 -0400, wrote:
On news that MacDonalds plans to hire 50,000
At 16K.... per year. Would that buy a family health care and
retirement?
16,000.00 is less than 1,600.00 in 1970 dollars. Perhaps even half that. imo
We spent over 350.00 for fuel these past two weeks for trips to Doctors,
groceries and local errands.
we are in fly over country or the majority of America.
The holy mantra, of Wall Street and other Economies for so looong was
that the American dollar's value was too high or that we needed to cut
the value of the dollar to encourage trade or the Globalist Wall
Street's bottom line etc.
our Republic and Economy has been assaulted and raped.
Washington/Wall Street continues to finesse the rape to enlarge their
coffers and keep Keynesians in new thrones and yachts.
America is a fire sale to the rest of the world now thanks to their success.
The price of gas is killing everybody I know. I hang with real middle
class folks and we can't afford an extra couple hundred a week for gas
and groceries, oil, etc... We were fine when George Bush was president,
actually, more to the point, before Nancy Pelosi took over the House...
Gas didn't go up any more than gold, silver, copper, food, and other
commodities.
The value of the USD is less today as in the last 24 hours Obama printed
about $5.5 billion dollars. Printing no-value money dilutes the stock
of money.
Just like a stock split but a little bit each day. Adds up, and the
stock isn't worth what it used to be. And you don't get the extra
share, Obama debt gets the extra share.
While government thinks it can set interest rates to zero, and people in
their right mind don't lend money at these rates, the fact is it isn't
free. This debt and ponzi scheme of DC is diluting your currency and
that is where the cost is showing.
Best part is fleabaggers will eat this good. While I can buy gold, oil,
own lots of precious metals holding their value, the fleabagger likely
works for less value today.
Hey, the fleabaggers voted for debt for nothing and fraud debtor
governments....now the hyper inflation piper needs to be paid.
Unfortunately you and I are along for the ride. But DC needs to slam
debt-spending, raide interest rates and stop printing money for 10
years. If they borrow, they need to borrow real money at real rates.
As I write, gold is over $1500 and oil is pennies from $110/barrel.
--
I can assure you that the road to prosperity is not paved with
fleabagger debt.
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