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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: chartseer who wrote (92471)10/8/2010 8:42:14 AM
From: TideGlider  Respond to of 224713
 
Kenneth the expert once again proved he is foolish. CNBC is broadcasting from The St Louis FED today. This was orchestrated by the FED and the Administration as they knew the jobs number would be terrible.

The Fed is promising to flood the market with cash to create inflation, make bonds worthless and help push people into equities to make a false presentation of a good economy.

The even weaker dollar and FED promises is creating a market bubble. It may push over 11K , but their will likely be a correction soon afterward.

The bad jobs report also gives investors an enthisiastic market appeal with the coming election.



To: chartseer who wrote (92471)10/8/2010 9:01:04 AM
From: Kenneth E. Phillipps  Read Replies (5) | Respond to of 224713
 
Yes, It is the 9th consecutive month of private sector job growth with 64,000 jobs added to the private sector in September. The economy had added more private sector jobs in 2010 than all 8 years of the Bush Administration.