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Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

 
Anonymous Coward
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United States
06/07/2012 11:56 AM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Gas prices going up as a result

Food prices going up as a result

Energy prices going up as a result

Bailouts of wall street = the destruction of main street.

I hope you've enjoyed your little breather at the gas pumps it's over!
 Quoting: Anonymous Coward 2724308


somehow its being forced up; not sure how it is....
Anonymous Coward
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06/07/2012 12:12 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Gas prices going up as a result

Food prices going up as a result

Energy prices going up as a result

Bailouts of wall street = the destruction of main street.

I hope you've enjoyed your little breather at the gas pumps it's over!
 Quoting: Anonymous Coward 2724308


somehow its being forced up; not sure how it is....
 Quoting: Anonymous Coward 17513418


Because the bailout and QE money all goes to the rich bastards while we regular folks take paycuts, job loss and benefit jacking. With less cash in the hands of the regular Joe's, production and inventories are cut back, reducing supply. The rich bastards who are now rolling in dough can and are more than willing to pay more for what is left in availability. This allows and really forces suppliers to raise prices because they need more profits from less sales, and the rich bastards don't care how much they pay because they can just steal more from the regular Joe's.
Damrod

User ID: 11544146
United States
06/07/2012 12:22 PM

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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Gas prices going up as a result

Food prices going up as a result

Energy prices going up as a result

Bailouts of wall street = the destruction of main street.

I hope you've enjoyed your little breather at the gas pumps it's over!
 Quoting: Anonymous Coward 2724308


somehow its being forced up; not sure how it is....
 Quoting: Anonymous Coward 17513418


Because the bailout and QE money all goes to the rich bastards while we regular folks take paycuts, job loss and benefit jacking. With less cash in the hands of the regular Joe's, production and inventories are cut back, reducing supply. The rich bastards who are now rolling in dough can and are more than willing to pay more for what is left in availability. This allows and really forces suppliers to raise prices because they need more profits from less sales, and the rich bastards don't care how much they pay because they can just steal more from the regular Joe's.
 Quoting: Black Knight


Yep.

It doesn't matter how much they print. It doesn't matter if they do a QE3 or QE4 or QE10. The money is quickly vacuumed up to the top 1 to 5% where it is hoarded and they pretend it will "trickle" it's way down to the Average Joes...it never does. "Trickle down economics" is another way of saying "peeing on your head and telling you it's raining".

This crap never works...the insanity of doing the same thing over and over and expecting a different result is amazing to me.

More debt, a devalued dollar, less spending power to the average citizen...oh yeah...what a great "new" plan...doubt

Last Edited by Damrod on 06/07/2012 12:23 PM
"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." Thomas Jefferson

"Liberty means responsibility. That is why most men dread it." George Bernard Shaw
Anonymous Coward
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06/07/2012 01:26 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
When more money is printed it is stealing from the lower and middle class and giving more to the rich (the investors and CEOs)... The market is happy becuase they are theives and are actually the worthless eaters making a living stealing from the rest of us!
 Quoting: Anonymous Coward 1348934


^^THIS^^
Anonymous Coward
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06/07/2012 01:44 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Spend it before it's devaluated.

Then, cash out for profit.
Anonymous Coward
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06/07/2012 01:47 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
For those who don't remember Ronald Reagan, the HERO of

Con-Servatives...

"triumph of image over reality"

In 1981, the year Ronald Reagan was inaugurated as president

An decadent orgy of malignant selfishness and an anything goes attitude began, and still festers within the U.S.

Ronald Reagan exploded the federal debt, eventually to over a trillion dollars.

This is the guy who said, "Greed is Good", and "Defecits don't Matter", and like Sociopaths do, can make a fairly convincing reasonable argument for their despotism.

Doubled the tax on gasoline from 4 to 9 cents per gallon.

Manufacturing began its move overseas in the 80's

Increased payroll taxes for corporations encouraging companies to outsource their workforce.

Raised the threshold ammount a person may deduct on Work related expenses. (Tax increase)

Raised the threshold ammount a person may deduct on medical expenses. (Tax increase)

Limited the threshold ammount a person could contribute to a tax free retirement account. (Tax increase)

Eliminated Personal Interest Deduction (Tax increase)

Began the Tax on Unemployment Compensation recipients. (Tax increase)

Eliminated tax incentives for Research and Developement. (That's right, industry used to have research and development Units. Now there are NONE.)

Deregulation drove up prices and put the airline industry in a tailspin.

Union Busting began to rise in popularity as a tactic.

Corporate raiders looted pension funds and left millions of Americans w/o retirement money?

Raided the Social Security Trust Fund.

Raided Family Farms and replaced them with Corporate Farms.

Factory Farms started grinding up Tumor laden & diseased animals for cattle feed.
(According to Ronald-"Protien is Protien" regardless of source)

Deregulation by Reagan began Savings and loan scandal.

Perpetrated Iran-Contra scandal.

Ronald executive order 12631 - Plunge Protection Team (Expansion of Government) directly interferes with the markets, effectively destroying any notion of the US having a free market economy.

Foriegn Oil began it's domination of American markets transferring billions to over sea interests.

Perpetrated Amnesty for Illegal Immigration, excluding Legal Immigrants.

Stripped money from roads, bridges and infrastructure maintenance.

Disregarded Strip Mining regulations

Wholesale Clear Cutting Public Lands, bypassed American Saw-Mills, and sold the Natural Resource to foriegn interests.

Decimated the Environmental Protection Agency.

Ignored Drift Netting

Reduced the US Exclusive Economic Zone from 200 miles to 12, for off-shore fishing exploitation by foriegn governments.

Implemented the "Star Wars Defense Initiative" (SDI) a Black Hole of secret projects with zero accountability, and never produced a realistic product.

SDI - was used to funnel billions of dollars to Ronald Reagan Cronies.

Reagan legacy has been devastating for America - especially ordinary Americans.

Boom-and-bust cycles, obscene CEO salaries.

As a result of Reagan policies productive manufacturing base severely declined

Emergence of "Lockdown America", drug-company scandals, collapsing bridges, huge government deficits, ethical absences, plummeting/stagnating wages for working people, the flight of U.S. manufacturing abroad... on and on...

Ronald Reagan years...

It is the triumph of image over reality, of flash over substance, the pervasive need within most Americans to believe in a happy version of the nation they call home, and to spurn the reality of our estate as unpatriotic.

Virtually every significant problem facing the American people today can be traced back to the policies and people that came from the Reagan administration. It is a laundry list of ills, woes and disasters.
Anonymous Coward
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Sweden
06/07/2012 01:51 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
the system is rotten through and through
Anonymous Coward
User ID: 4655644
United States
06/07/2012 01:54 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
For those who don't remember Ronald Reagan, the HERO of

Con-Servatives...

"triumph of image over reality"

In 1981, the year Ronald Reagan was inaugurated as president

An decadent orgy of malignant selfishness and an anything goes attitude began, and still festers within the U.S.

Ronald Reagan exploded the federal debt, eventually to over a trillion dollars.

This is the guy who said, "Greed is Good", and "Defecits don't Matter", and like Sociopaths do, can make a fairly convincing reasonable argument for their despotism.

Doubled the tax on gasoline from 4 to 9 cents per gallon.

Manufacturing began its move overseas in the 80's

Increased payroll taxes for corporations encouraging companies to outsource their workforce.

Raised the threshold ammount a person may deduct on Work related expenses. (Tax increase)

Raised the threshold ammount a person may deduct on medical expenses. (Tax increase)

Limited the threshold ammount a person could contribute to a tax free retirement account. (Tax increase)

Eliminated Personal Interest Deduction (Tax increase)

Began the Tax on Unemployment Compensation recipients. (Tax increase)

Eliminated tax incentives for Research and Developement. (That's right, industry used to have research and development Units. Now there are NONE.)

Deregulation drove up prices and put the airline industry in a tailspin.

Union Busting began to rise in popularity as a tactic.

Corporate raiders looted pension funds and left millions of Americans w/o retirement money?

Raided the Social Security Trust Fund.

Raided Family Farms and replaced them with Corporate Farms.

Factory Farms started grinding up Tumor laden & diseased animals for cattle feed.
(According to Ronald-"Protien is Protien" regardless of source)

Deregulation by Reagan began Savings and loan scandal.

Perpetrated Iran-Contra scandal.

Ronald executive order 12631 - Plunge Protection Team (Expansion of Government) directly interferes with the markets, effectively destroying any notion of the US having a free market economy.

Foriegn Oil began it's domination of American markets transferring billions to over sea interests.

Perpetrated Amnesty for Illegal Immigration, excluding Legal Immigrants.

Stripped money from roads, bridges and infrastructure maintenance.

Disregarded Strip Mining regulations

Wholesale Clear Cutting Public Lands, bypassed American Saw-Mills, and sold the Natural Resource to foriegn interests.

Decimated the Environmental Protection Agency.

Ignored Drift Netting

Reduced the US Exclusive Economic Zone from 200 miles to 12, for off-shore fishing exploitation by foriegn governments.

Implemented the "Star Wars Defense Initiative" (SDI) a Black Hole of secret projects with zero accountability, and never produced a realistic product.

SDI - was used to funnel billions of dollars to Ronald Reagan Cronies.

Reagan legacy has been devastating for America - especially ordinary Americans.

Boom-and-bust cycles, obscene CEO salaries.

As a result of Reagan policies productive manufacturing base severely declined

Emergence of "Lockdown America", drug-company scandals, collapsing bridges, huge government deficits, ethical absences, plummeting/stagnating wages for working people, the flight of U.S. manufacturing abroad... on and on...

Ronald Reagan years...

It is the triumph of image over reality, of flash over substance, the pervasive need within most Americans to believe in a happy version of the nation they call home, and to spurn the reality of our estate as unpatriotic.

Virtually every significant problem facing the American people today can be traced back to the policies and people that came from the Reagan administration. It is a laundry list of ills, woes and disasters.
 Quoting: Anonymous Coward 14627334


But I must hasten to add that it started with Johnson, added to by Nixon, and every president since Regan fucked it up even worst! Guess what the next president is going to do no matter WHO it turns out to be - fuck it up even worst if not destroy it altogether. Because they ARE ALL THE SAME! They all are part of a PARTY - and you all are buying the party favors. Hope we get a chance to dumpster dive when the party crashes.
Anonymous Coward
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United States
06/07/2012 02:06 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Bernake a liar...they're ALL liars.
Anonymous Coward
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United States
06/07/2012 02:19 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Savings will be worthless
 Quoting: Anonymous Coward 2724308


Oh, savings? Forget about it. An interest rate hike would be ruinous, and I don't think we'll see one any time soon. So me personally, no way in hell I'm going to keep my money in a near-zero interest bank account so they can play with it.

Hard assets, my friend. Hard assets.
Anonymous Coward
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United States
06/07/2012 02:21 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Gas prices going up as a result

Food prices going up as a result

Energy prices going up as a result

Bailouts of wall street = the destruction of main street.

I hope you've enjoyed your little breather at the gas pumps it's over!
 Quoting: Anonymous Coward 2724308


somehow its being forced up; not sure how it is....
 Quoting: Anonymous Coward 17513418


Because they're giving the banks money - literally just out of thin air.

So they essentially gamble with it, and the Fed insures all their losses, regardless of the amount.
bendinglight

User ID: 2143478
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06/07/2012 02:32 PM

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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Federal Reserve 1913
America bankrupt in 1933, along with the gold seizure.

Since then America has been a puppet country.
The banking elite OWN America because America is bankrupt.
The bankruptcy is being managed by printing more debt based paper.

The whole economy is based upon debt, there will ALWAYS be debt.

The whole world is rigged at this point.
A world of debt, with debt and the ability to create money out of thin air you control EVERYTHING!

"Give me control of a nation's money supply and I care not who makes it's laws"
Amschel Rothschild


yeswecan

oridin

Anonymous Coward
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06/07/2012 03:24 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
QE1...QE2...QE3?...Doing the same thing over and over again and expecting different results is insane. Might explain why the market seems schizophrenic. The people in charge are insane.
 Quoting: Melrox




They're not insane. They're corrupt jewish people. Corrupt & jewish, how redundant.
Anonymous Coward
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06/07/2012 03:26 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
When more money is printed it is stealing from the lower and middle class and giving more to the rich (the investors and CEOs)... The market is happy becuase they are theives and are actually the worthless eaters making a living stealing from the rest of us!
 Quoting: Anonymous Coward 1348934



Jewish financial terrorists. They need to be arrested & sent to Guantanamo Bay for extensive questioning.
Anonymous Coward
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06/07/2012 04:04 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
It is so ridiculous really. I guess 3rd time is the charm?

And here we go. Courtesy of Greg Robb: "The Federal Reserve stands ready to act to protect the financial system and the economy in the event that financial stresses from the European crisis escalate, Fed Chief Ben Bernanke said Thursday.

[link to blogs.marketwatch.com]
 Quoting: Oldmotherhubbard


How ironic that they're the one's that ruined it through ponzi economics
SuperManny

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06/07/2012 04:54 PM

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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
OK, so the S&P and Nasdaq are down today and the dow is up about a third of one percent and we have not just one, but TWO THREADS PINNED about the market "soaring!" wtf


Hmmm... Denial much??
The greatest gift you can give anyone is the example of your own life working. -Orin
Anonymous Coward
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Brazil
06/07/2012 05:02 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
printers will collapse hiding
Anonymous Coward
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06/07/2012 06:17 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
the stock market casino will crash soon enough. this shit is fucking insane...
Anonymous Coward
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06/07/2012 06:24 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
buy silver if you can.. before it's too late..
Anonymous Coward
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06/07/2012 06:51 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
i would fucking sell EVERYTHING and run if i owned any stock..
Anonymous Coward
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06/07/2012 07:21 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
popcorn
Anonymous Coward
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Australia
06/07/2012 07:24 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
feed the debt monster.
 Quoting: OVRANALYZE


what's the point - when it has diarhea
Anonymous Coward
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06/07/2012 07:31 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Seems I recall reading...

Didnt China and Japan signed the largest traded agreement ever a few months ago. They will no longer use the American Dollar for trade.
America and the United Nations placed sanctions on Iran, as well as the European Union. They won’t buy oil after June 1st. India will buy Iran’s oil and use gold to pay for it.

Saudia Arabia decided to supply oil to China and will build the largest oil refinery in China and they won’t use the American dollar for trade.
Anonymous Coward
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06/07/2012 07:36 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
You'd be happy too if you could blow all that money and have uncle Benny B bail your arse out. Must be nice to know that no matter how badly you run your business.. you'll get bailed out .
 Quoting: Anonymous Coward 1391353



....and this is going to save Spain/Greece/Europe/the Western financial system how?

There is literally NOTHING the U.S (with all of its printed money) can do to prevent collapse of the Spanish and Greek markets. From there, everything is fair game.

It's totally out of everyone's hands. Why? Because the political situation in those countries is not consistent with the European Central Bank's austerity fetish.

Bernanke must know this. The question is, once the Euro Zone loses investor confidence and implodes, how does Bernanke intend to salvage the U.S from the inevitable domino effect?

He can't pretend it's not happening, or convince people likewise. People watch news. People talk.

Nothing but a full scale world war can save the financial markets being affected right now.

The unemployed will be drafted and put to work, the car plants will turn into weapons manufacturing factories and the home front will transform into a functioning machine.

It happens in a cycle, about 2-3 times per century. Just read a history book.
Anonymous Coward
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06/07/2012 07:47 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Yes, the DOW can go to 20,000 this yr but the price of gas will be 10 plus to a gallon. bread will be 20.
Anonymous Coward
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06/07/2012 07:54 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
You'd be happy too if you could blow all that money and have uncle Benny B bail your arse out. Must be nice to know that no matter how badly you run your business.. you'll get bailed out .
 Quoting: Anonymous Coward 1391353



....and this is going to save Spain/Greece/Europe/the Western financial system how?

There is literally NOTHING the U.S (with all of its printed money) can do to prevent collapse of the Spanish and Greek markets. From there, everything is fair game.

It's totally out of everyone's hands. Why? Because the political situation in those countries is not consistent with the European Central Bank's austerity fetish.

Bernanke must know this. The question is, once the Euro Zone loses investor confidence and implodes, how does Bernanke intend to salvage the U.S from the inevitable domino effect?

He can't pretend it's not happening, or convince people likewise. People watch news. People talk.

Nothing but a full scale world war can save the financial markets being affected right now.

The unemployed will be drafted and put to work, the car plants will turn into weapons manufacturing factories and the home front will transform into a functioning machine.

It happens in a cycle, about 2-3 times per century. Just read a history book.
 Quoting: Anonymous Coward 16652833


I've been banging my head against the wall for two years now trying to figure out how it has not collapsed into anarchy yet! It is truely amazing that TPTB can continue to play these bullshit games and SOMEHOW avoid collapse. I just don't get it. It's like they are in a car on the way to the cliff and standing on the accelerator, yet the edge just never seems to show up, and it's not like they are doing anything at all to slow it down! Wow, that's all I can say, WOW!
Oldmotherhubbard

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06/07/2012 09:44 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
You'd be happy too if you could blow all that money and have uncle Benny B bail your arse out. Must be nice to know that no matter how badly you run your business.. you'll get bailed out .
 Quoting: Anonymous Coward 1391353



....and this is going to save Spain/Greece/Europe/the Western financial system how?

There is literally NOTHING the U.S (with all of its printed money) can do to prevent collapse of the Spanish and Greek markets. From there, everything is fair game.

It's totally out of everyone's hands. Why? Because the political situation in those countries is not consistent with the European Central Bank's austerity fetish.

Bernanke must know this. The question is, once the Euro Zone loses investor confidence and implodes, how does Bernanke intend to salvage the U.S from the inevitable domino effect?

He can't pretend it's not happening, or convince people likewise. People watch news. People talk.

Nothing but a full scale world war can save the financial markets being affected right now.

The unemployed will be drafted and put to work, the car plants will turn into weapons manufacturing factories and the home front will transform into a functioning machine.

It happens in a cycle, about 2-3 times per century. Just read a history book.
 Quoting: Anonymous Coward 16652833


I've been banging my head against the wall for two years now trying to figure out how it has not collapsed into anarchy yet! It is truely amazing that TPTB can continue to play these bullshit games and SOMEHOW avoid collapse. I just don't get it. It's like they are in a car on the way to the cliff and standing on the accelerator, yet the edge just never seems to show up, and it's not like they are doing anything at all to slow it down! Wow, that's all I can say, WOW!
 Quoting: Black Knight


It's basically like looney tunes roadrunner ( market) and coyote (real economy, people, grocery costs) Everytime the roadrunner gets to a cliff the entire mountain that coyote is on falls and the roadrunner is fine.
Oldmotherhubbardglp@live.com
Anonymous Coward
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06/07/2012 10:01 PM
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Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
debt will fix everything
 Quoting: Anonymous Coward 2724308

war, will fix eveything

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