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!
Using your logic, why did the market go up over 200 points yesterday? The cash on the sidelines is moving back into equities. You can give your armchair analysis all day long but big money is moving back into the stock market with a 6 month horizon.~md