Posted by JackE on January 22, 2010 at 06:43:50 from (74.92.77.174):
In Reply to: Stock Market posted by tlak on January 22, 2010 at 06:08:01:
What we have seen in the stock market these last few months, has been a MIRAGE. It is just another bubble pumped up by all the dollars the Fed has been printing up. Just like the treasury bond market auctions, where the FED has been buying up most of the bonds offered. Buying them with more and more WORTHLESS dollars, THEY have been printing out of thin air, like a big PONZI scheme. The geniuses in Congress are talking about raising our debt ceiling AGAIN to over $14 TRILLION. They just raised it at the end of Dec. Time is coming to pay the piper, and it ain't gonna be pretty. TLAK, What will YOUR messiah do? Jack
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