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View Diary: Private enterprise shackled by Obamunism, aka Dow hits 15,000 for first time (153 comments)

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  •  the market is not chasing "increased profits", (1+ / 0-)
    Recommended by:
    a2nite

    it is simply gorging itself on "free money" from the Treasure (via the Fed).  The increased (and completely fraudulent) "value" of the stock market does not reflect new factories or increased production . . . there is nothing physical or real to show for it.

    A sane and decent (Democratic) government would have injected that money at the bottom, producing jobs (public works) and income for the people who a: need it and B: would spend it . . . thus increasing demand and "pumping" the economy.  Instead it was (and is) given to the rich to gamble in the DOW Casino.

    And then, because our system doesn't distinguish between this monopoly money and the real thing we allow it to "trickle down" in the form of ownership (by the rich) of . . . everything.

    Fake Left, Drive Right . . . not my idea of a Democrat . . .

    by Deward Hastings on Fri May 03, 2013 at 09:01:29 AM PDT

    [ Parent ]

    •  no it's not, that is a misunderstanding of what (1+ / 0-)
      Recommended by:
      jiffypop

      they FED is doing.

      your argument is factually wrong. you don't understand what the FED is doing.

      clearly.

      -You want to change the system, run for office.

      by Deep Texan on Fri May 03, 2013 at 09:08:36 AM PDT

      [ Parent ]

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