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  • wallisweaver wallisweaver Nov 20, 2012 6:29 PM Flag

    What Uncle Ben said today...

    PS. Today's headline:

    Housing Starts in U.S. Increase to Four-Year High

    Another headline:

    Bernanke Says Fiscal Cliff Fix May Bring ‘Very Good’ Year

    One more:

    U.S. to become leading oil producer by 2020 with energy independence to follow

    That's the real economic news, shiznit for brains...

    Sentiment: Strong Buy

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    • weewillie08@sbcglobal.net weewillie08 Nov 20, 2012 7:14 PM Flag

      Wallis, it sounds good. But Bernanke is buying $40B mortgage backed securities per month infinitum with printed U.S. dollars. Can anyone say 'Big time inflation' down the road? And what is that going to do to housing? As far as oil production is concerned, don't forget that Obama does'nt like oil, and he's got four years to regulate the beejeezus out of it. He kind of likes those windmills and batteries. Just saying.

 
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