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Forum Post: Another Day, Another Record High Close for Wall St

Posted 11 months ago on May 8, 2013, 4:23 p.m. EST by OTP (-203) from Tampa, FL
This content is user submitted and not an official statement

http://www.zerohedge.com/news/2013-05-08/another-day-another-record-high-close

Listening to the talking heads on CNBC on whats driving the market. (que shumcky voice) ..."Well, this is most likely a liquidity rally...blah blah blah...." What are these idiots talking about?

Umm...

It couldnt possibly be the BAILOUTS could it? Give me 85 Billion a month and my balance sheet would look pretty tight too!!

But of course, as they are stockpiling wealth, the average person is getting price increases and will ultimately foot the bill for all of this.

We need some kind of all inclusive movement whose main objective is addressing the greed, corruption and overall bullshit ;)

11 Comments

11 Comments


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[-] 2 points by Nevada1 (4024) 11 months ago

The bigger it gets, the harder it falls.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 11 months ago

No boubt adout it - specially carrying the toxic load that it is.

[-] 2 points by Nevada1 (4024) 11 months ago

When crash comes (probably engineered), government/TPTB will go wild behind this smoke screen with crushing legislation and more.

[-] 2 points by DKAtoday (33128) from Coon Rapids, MN 11 months ago

(probably engineered)

No probably about it - definitely engineered - Problem is the Greedy engineers of such a toxic market figure that somehow when it all comes tumbling down - that it won't affect them. OH SO WRONG!!! But that is why it is a Truism = Greed is Blind.

[+] -4 points by Stormcrow2 (-184) 11 months ago

I think it's great - just thnk how many people who lost money in the stock market back in 07 have gained it back and then some.

Nothing wrong with that.

Besides, it is more profitable for businesses to invest in the stock market then it is to hire slackers who won't work, expect big bucks for doing nothing. On top of that businesses will have to fork out thousands of dollars for Obamacare -

Can't say I blame them for investing in the stock market - makes perfect sense.

[-] 2 points by quantumystic (1710) from Memphis, TN 11 months ago

the house of cards will be coming down.

[-] 1 points by grapes (2660) 11 months ago

Yes, but not for a while as long as Basel is confused as basil. Watch at time 19:18 of Barack Obama at Cooper Union. Enforcement of Basel III has been deferred for four years and shaky sovereign debts shall continue to be counted as 'reserves'.

The stock market has lifted its skirt high so it is time for the animal spirits to crawl under it and get 'ecstasy'.

[-] 1 points by Nader (74) 11 months ago

Where do you invest your money? The stock market scares the crap out of me lately.

[-] 2 points by quantumystic (1710) from Memphis, TN 11 months ago

commodities.

[-] -1 points by SockPuppet (-1) 11 months ago

With all the fiat money that has been printed by the FED's overheated printing presses, the Dow would have to be over 20,000 to equal 14,000 in 2007. Would you prefer your right hand or forehead tatoo'ed for the new world monetary barcode?

[-] 1 points by quantumystic (1710) from Memphis, TN 11 months ago

do you have an heirloom garden as well as rabbits and quail?