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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (546922)11/20/2013 12:51:10 PM
From: Sdgla7 Recommendations

Recommended By
Brian Sullivan
FJB
jlallen
Judi Simpson
lightshipsailor

and 2 more members

  Read Replies (2) | Respond to of 793928
 
You certainly have your talking points down... Sadly you ignore reality.



To: Kenneth E. Phillipps who wrote (546922)11/20/2013 1:31:07 PM
From: t4texas3 Recommendations

Recommended By
jlallen
locogringo
xxreno

  Respond to of 793928
 
QE is driving the stock market. obamacare has nothing to do with QE (quantitative easing, i.e., fed buys $85B/month of us debt instruments to keep short term interest rates bolted at essentially zero percent).



To: Kenneth E. Phillipps who wrote (546922)11/20/2013 1:35:52 PM
From: skinowski3 Recommendations

Recommended By
jlallen
locogringo
MulhollandDrive

  Respond to of 793928
 
It is certainly not a disaster for the stock market.

With rates being artificially kept so low, the stock market is the "new prudent" way of investing. Regrettably, it's neither - it's high risk. Besides, it's not clear why the bull market in stocks is evidence that the ACA was a good thing. What if we get another bear market - would that indicate that the ACA was a mistake?



To: Kenneth E. Phillipps who wrote (546922)11/21/2013 10:54:58 AM
From: MulhollandDrive4 Recommendations

Recommended By
Alan Smithee
alanrs
Bill
Paul Smith

  Read Replies (1) | Respond to of 793928
 
yes, ken.....as a good liberal i'm sure you are sincerely thrilled with the stock market action, considering the investment axiom....

what's GOOD for WS is BAD for main street....

the 1 percent never had it soooooo good

the stock market is exploding because of QE, meanwhile the average 'working family' won't be able to afford 'new stuff ' because of obamacare is hitting them in the wallet hard....a downward economic spiral will ensue as more corporations will lay off workers to keep their profits up because demand is contracting....

enjoy!