AP reports 97% of the recent market runup went to the already rich & well-to-do...With corporations & the rich individuals hiding their money in little twinkie islands rather than pay their fair share of taxs,this system is a guaranteed trip to the poor house for the 3% unwashed...
The system if ever existed is now broken,only mass revolt can cure the wrongs...Violent,dunno but it worked @ the Bastelle...Give PEACE as a starter & bring the boys home for XMAS!!!
AS i have said many times here and elsewhere the "system" from the day of the Buttonwood Treaty has been to create privilege by self-dealing and laying off the risks into retail. 2008 was almost a perfection of it.
"Only mass revolt"--yup. Which is why I find it so amusing that the GOP is so big on the 2nd Amendment. Most of the actual "gun control" movement from the 60s on was done (see California as the poster child) because the poor were beginning to notice they were covered by it.
This is not new. The stock market has done much better when a Democrat was in the White House than when a Republican was there. THis is true over any time period, up to where the Republicans were formed in around 1856.
About half all down years in the stock market occur the year after a Republican is elected to the White House - or at least that was true when I looked at it about 20 years ago. Thinking back, it hasn't changed much.
Eck - Weren't you the one buying precious metals because you believed the President of our country was going to wreck our dollar and our economy? How have you profited the past 2 years? Seems like you've been dead wrong. No?