world markets surge on Fed move

[JWBooth]

Do you realise your party has used these methods and stimulus in the past with good results? Are you just going to insult people for living in reality while you huddle your dumb asses in opposite land?

The Fed is going to buy $40 Billion a month in Mortgage Backed Securities ($80 Billion a month down the road) to re-inflate the Housing Bubble.

The Housing Bubble popping in 2008 is the reason we are in this mess now.

That's like if you crash into a tree you would fix the car and be a more careful driver next time right? That's what a right thinking person would do right?

Well the Fed want's us to back up and smash into the tree again.

Central banks gotta do what they do best....

 

[Rshermr]

And NYMEX crude tops $100...

Oil prices are interesting.

at this time, supply is higher than it has been in years. Demand is lower than it has been in years. Yet prices have been rising. So much for supply and demand theory, eh.
So, why would that be. Simple. The gas and oil industry is an oligopoly. Very high monopoly power. If you read even adam smiths thoughts on monopoly power, you would understand what is going on.

With oil speculation, demand is effectively increased artificially. Then, since oil companies own production and refining capacity, supply is also owned by the oil companies.
So, prices do what they want them to do; Rise until the public squeals like stuck pigs, then lower part of the way back toward where they started. Repeat, repeat, and repeat.

"...lower part of the way back"? You mean like they did in 1999 when oil was $10/barrel?

Oil prices reached $17 in 1999. But you are talking about the cost of crude. And what I am saying is that the price of crude and the price of gasoline do not have a lot in common, and that the price of crude is controlled by oil companies. By the way, the low price in 1999 lasted for a VERY short time. It was back on its way toward $100 in no time.
File:Crude oil prices since 1861.png - Wikipedia, the free encyclopedia

 

[Oddball]

Oh goody!...Gold at $1,774 and silver at $34.50!

24-hour Spot Chart - Gold

 

[Rshermr]

The level of stupid is absolutely perplexing.....

Yes, but you have a illness. We will all forgive you for it.

Here. This may help you to understand:
The right's stupidity spreads, enabled by a too-polite left | George Monbiot | Comment is free | The Guardian

Here. This may help you to understand:
Bastiat: Economic Sophisms | Library of Economics and Liberty

I have read his writings, though not lately. Died in the mid 1850's, so have nothing at all to do with todays right wing mind. Nor, to do with why people like to believe in drivel.

 

[TakeAStepBack]

Oh goody!...Gold at $1,774 and silver at $34.50!

24-hour Spot Chart - Gold

And it's only the beginning!

Thanks, Helicopter Ben!

 

[Mr. H.]

Oil prices are interesting.

at this time, supply is higher than it has been in years. Demand is lower than it has been in years. Yet prices have been rising. So much for supply and demand theory, eh.
So, why would that be. Simple. The gas and oil industry is an oligopoly. Very high monopoly power. If you read even adam smiths thoughts on monopoly power, you would understand what is going on.

With oil speculation, demand is effectively increased artificially. Then, since oil companies own production and refining capacity, supply is also owned by the oil companies.
So, prices do what they want them to do; Rise until the public squeals like stuck pigs, then lower part of the way back toward where they started. Repeat, repeat, and repeat.

"...lower part of the way back"? You mean like they did in 1999 when oil was $10/barrel?

Oil prices reached $17 in 1999. But you are talking about the cost of crude. And what I am saying is that the price of crude and the price of gasoline do not have a lot in common, and that the price of crude is controlled by oil companies. By the way, the low price in 1999 lasted for a VERY short time. It was back on its way toward $100 in no time.
File:Crude oil prices since 1861.png - Wikipedia, the free encyclopedia

And I'm saying you're a certified whack job.

 

[JWBooth]

Yes, but you have a illness. We will all forgive you for it.

Here. This may help you to understand:
The right's stupidity spreads, enabled by a too-polite left | George Monbiot | Comment is free | The Guardian

Here. This may help you to understand:
Bastiat: Economic Sophisms | Library of Economics and Liberty

I have read his writings, though not lately. Died in the mid 1850's, so have nothing at all to do with todays right wing mind. Nor, to do with why people like to believe in drivel.

Yet drivel is what your posts consist of.

 

[Oddball]

Just found the latest pic of Baghdad Ben Bernanke...

 

[Avorysuds]

Wow, TM showing off her utter lack of understanding of the economic situation. So this might help Obama, therefore some of the hyper partisan Obama-bot fully support Government handing the rich money that actually makes everyone (poor/middles class) much more poor over a long run. The fact that they are trying to re-build the housing bubble is just jaw dropping.

The best part of all of this is when TM and that other bigot OompaloompaO claim that “we, us, you guys” supported this under “Republicans.” Yet these same people who are now defending more money be handed to their Gods (the rich) didn’t like the idea under Republican rule, now under a Democrat they have fully embraced the horrible Republican policies they used to hate.

I never supported the bailouts and QE’s so it’s depressing top watch stupid people argue using such low life debating tactics. It’s too bad some people have no problem stumbling over their hypocrisy as long as they get to claim “you did it too!!!” Well I didn’t, so it makes people like OmmpalooOooMaOO and TM look that uch worse.

SO once again, Obama might get a bump and even help him with the GE due to a artificial bump in the stock market, but this ensures a long term recession/depression for everyone Obama didn’t give assloads of cash too… We get to be made more poor, but as long as the numbers on some meaningless piece of paper look good Obama and his Botz are happy.

 

[thanatos144]

This thread says Please vote Obama and help hasten the end of the republic....


Remember this those of you who are to stupid to have made up their mind and those of you who think they are to good to vote cause they didn't get their way,......This is what selfishness gets you.

 

[TakeAStepBack]

How was the shift, Cork?

 

[thanatos144]

How was the shift, Cork?

I am sure you are feeling glee that our country is that much more closer to falling.....I may work a low paying job but I at least have dignity and love for my country which is more then your spoiled ass.

 

[TakeAStepBack]

Wait, before you called it a career move at 40?
Now it's just a low paying job?

 

[Truthmatters]

The markets reflect commerse in this world.


They are real companies who sell real world things.


Why do you now seek to trash the value of the markets in our economy so you can swipe at Obama?


Do you realise your party has used these methods and stimulus in the past with good results?


Are you just going to insult people for living in reality while you huddle your dumb asses in opposite land ?

Hell it's almost 9 on the west coast, time for you to step out for some more muscatel.

jesus but you are a fucking idiot.


tell me why you cant reply with something intelligent to say?


because you have no intelligence

 

[thanatos144]

Wait, before you called it a career move at 40?
Now it's just a low paying job?

This is all you have....at least when your country burns you can feel good about helping it along.

 

[JWBooth]

Get the beer cooler stocked before you left?

Here to dazzle us with your dimness yet again?

 

[Truthmatters]

Pretending that stimulus does not work when it has been used for decades to nudge an economy successfully by both partys many times is jsut plain insane.


why do you dupes allow yourselves to be made fools of by right wing radio like this?

 

[Truthmatters]

do you really think innane personal insults fool anyone about your craven partisan idiotic ramblings?

 

[Oddball]

do you really think innane personal insults fool anyone about your craven partisan idiotic ramblings?

Do you really think your craven partisan idiotic ramblings are deserving of anything more than the hoots of mockery they get?

 

[Truthmatters]

Stimulus works and the congressional refusal to do what works throws the Burka off all you idiots attempts to PRETEND you are on the side of facts.


The American people have now looked under your little burka and your about to be sent packing