The jobs report is out , it's worse than expected . The national jobless rate rose past 8.5%. These #s don't even factor in under-employment. Most people have settled for lower wages, less hrs & fewer benefits.
Underemployment is worse than unemployment. It's around 16%.
This is madness! we keep bailing out & pumping billions into the lavish execs, ceos n cfo's. Their theory? it($) will trickle down. They will be nice enough to give people loans. Washington is continuing to ignore outsourcing & free trade ('cause their global corp. buddies "rake in" higher profit margins, sending our jobs overseas). & our borders are still a joke. hhhhmmm...wonder why? I've got news for you Washington! people won't be standing in lines buying up those cars & houses! We need to get control of our gov't immediately. Remove all lobbyists! Remove all corporate funding in campaigns. let them vote like "we the people"
I'd bail from this market, nothing is regulated anymore. The SEC can't even enforce a reg- sho proposal. Nobody even knows how many outstanding shares are " really " in your stocks anymore. The SEC is one of the worst depts in the gov't. It's overpaid! & completely useless! I doubt they even show up to work 50% of the year.
Nothing is being fixed, we're just spending a whole bunch'a $
& the top 2-4% of the wealthiest "bloodsuckers" in the world are circulating it amongst themselves.
They have seized total control! This is the largest class separation in history. Don't be surprised to see increases in welfare/or tent cities! I guess they will section 8 their glutinous housing grab. They still haven't imprisoned the pigs that profited off of toxic CDO's,pools of toxic assets,rubberstamping tripple A ratings,credit default swaps. They were even greedier than Maddoff!
Agreed! instead of bailing the greediest pigs out! string them up for treason. They just kept pushing these cdo's on the mkt for short term profits. Then they followed them up by credit default swaps, They wrote up so many that there's a mountoun (trillions) still due. They knew what they were donig. Shoot the bastards
Thank you for your stalwart defense of a supposed 'trader' who lives in Mom's basement and throws out ridiculous faux-testosterone "challenges" to meet in person to people on a stock message board. Add in his just plain horrible analysis and even worse timing and you've got the makings of a real disaster. Good luck with that, though.
Although many of the things you say I agree with but they are not realistic.
Unfortunately some things will never change. Money and greed takes care of that. But we can hold the companies that we invest in accountable for their actions. That's if you have the resolve to fight them. Very few on this board have that. Too many Cowards.