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ARMOUR Residential REIT, Inc. Message Board

  • legionfullmetal7 legionfullmetal7 Jul 19, 2013 4:09 PM Flag

    You can not claim a Recovery when you have a large city in Bankruptcy. It is so frustrating...

    You can not claim a Recovery when you have a large city in Bankruptcy.
    It is so frustrating...we are handing out money like Tic Tacs at an garlic convention and we let this city go
    bankrupt. What is the number millions per month in buybacks by the Feds and we let this city go bankrupt. Our President said he had brought us back from the brink. Yet, this city is over the Brink... 50 years ago this city had one of the highest standards of living in the United States and now it is bankrupt. Yet people continue to point a the stock market as an improved Economy. Mr. Bernanke look what the stimulus has done, exactly what we feared it helped Wall street and destroyed Main Street. Please people listen: A study was done and it showed 2% of the stock made up 90% of the gains. Where have we heard this before? What is it something like 2% of the people have about 90% of the wealth. So, if you think about it , it makes sense. No recovery just discovery... they saved the Unions by destroying the City.

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