Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bearcatbob who wrote (147918)	3/22/2011 11:02:08 AM
From: The Reaper	1 Recommendation Read Replies (1) of 206183

Have been saying for months that the only solution to the massive underfunding of the public pension plans is to inflate the assets in said plans. Many of them are still basing contributions on an assumed 8% return going forward. Without huge Federal "donations" to the state plans, the only way to get that assumed return and make up for what happened in 2008 is for the Fed to pump this market higher to make sure those plans get their assumed returns and recover what they lost. I really don't think there is any doubt that this has been the entire reason behind this non-stop melt higher.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next