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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (112131)4/4/2012 11:57:20 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
No, I don't want the market to keep going down. However, I do want the markets to once again reflect proper pricing signals based on the fundamentals of the companies being traded and the allocation of capital to where the economy needs it most. I don't want the Fed to continue screwing with the free markets by distorting the pricing signals. Of course, I don't expect you to understand what I'm talking about.

As to WW2 pulling us out of a Depression, that is bunk. Really what happened is that we literally flattened all of our competition. We were the only country left standing and we became suppliers to the world, because we became an over night superpower who could dictate our terms. That's an incredibly destructive way to get out of a Depression and I don't recommend it.

As for the last decade of $2 trillion wars, how'd that do for stimulating our country? More like it bankrupted us along with all the other profligate spending we've been doing.

You Democrats really haven't a clue as to how the real economy works. I really don't know where you get these ideas that you can print and spend your way to prosperity. You are a business owner. How long do you think you can stay in business spending more than you earn? And please don't come back with the stupidity of how the Fed can print money, so the rules don't apply to them.

That's bullshit. You can fool the ignorant masses, but mathematics always wins in the end. There is no free lunch.