YAY!!! The economy is fixed - staock market rises 200 plus points - all is well.

iamwhatiseem · Jun 6, 2012

Well I called this one eh?
As I stated earlier this week - "stimulus" rumors will be released by US and Global governments to prop up the market again and prevent further erosion.
No sooner did the word "stimulus" utter - the casino window reopens and the market goes wild - again.
Don't actually need to have a stimulus - just mention the possibility is all that is needed.

Clowns

bobgnote · Jun 6, 2012

All the smileys must jerk in a happy circle!

Don't try that same trick twice, too soon.

waltky · Aug 1, 2012

Granny wantin' to know if dat means she gonna get another stimulus check?...

Some at Fed Are Urging Pre-emptive Stimulus
July 30, 2012 - WASHINGTON Some Federal Reserve officials are reviving an idea that rose and fell with Alan Greenspan, the former Fed chairman, as they seek to persuade colleagues to take new action to stimulate growth.

Central bankers generally set policy based on their judgment about the most likely path for the nations economy. But Mr. Greenspan argued that the Fed sometimes should do more than its forecast suggested, buttressing the economy against large, potential risks. He described such moves as taking out insurance. On the eve of the Feds policy-making committee meeting on Tuesday and Wednesday, members who favor additional action argued that the likely path of the economy was itself sufficient reason for action. The committee predicted in June that without new measures unemployment would fall slightly, if at all, in the second half of the year.

But officials, including the Feds vice chairwoman, Janet L. Yellen, have sought to reinforce the case for action by arguing that the Fed also should seek to offset the looming risk that a European turndown will set off a global financial crisis, or that a failure to dismantle the potential year-end fiscal cliff of government spending cuts and tax increases will tip the economy back into recession. There are a number of significant downside risks to the economic outlook, and hence it may well be appropriate to insure against adverse shocks that could push the economy into territory where a self-reinforcing downward spiral of economic weakness would be difficult to arrest, Ms. Yellen said in a June speech.

Laurence H. Meyer, a former Federal Reserve governor who, like Ms. Yellen, served under Mr. Greenspan, said that the return of insurance as a factor in the Feds decision-making was a necessary response to the current environment. There are many people who look at that idea and feel that this is what was done under Greenspan, and maybe this was one of the factors that led to excessive speculation, said Mr. Meyer, now senior managing director at Macroeconomic Advisers, an economic forecasting firm based in St. Louis. But when the downside risks have grown as large as they have become, I think you have to consider it.

Proponents of new action continue to face resistance from officials who remain uncertain that the economy has lost momentum and would prefer to wait at least until the Feds next meeting in September. Ms. Yellen herself is not among the officials who have said publicly that they are convinced the Fed should act now. The hesitation also reflects widespread concern about the waning potency of the Feds remaining tools, and about the cost of the most powerful measure, an expansion of its holdings of Treasuries and mortgage-backed securities. The Fed also is under significant but counterbalancing political pressure in the midst of a presidential election. Republicans oppose additional action, which they describe as ineffective and likely to increase inflation, while Democrats want the Fed to do more.

MORE
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ItsjustmeIthink · Aug 1, 2012

Stimulus is a very good idea for America. Yeah, it didn't work first time around like Obama wanted, but the theory is very sound.

Think next time a stim. comes around the government needs to suggest to the people getting the money to spend it, lol. Sounds silly I know, but the problem with the first stimulus was that people mainly invested into vehicles, which wasn't the kind of consumer spending teh economy really needed. the US thrives on wasteful spending, i.e. buying new stuff simply because its new, and other things of that nature.

Honestly, I think the stimulus checks should come with a little note or email informing the receiver why he or she is getting free money, and how said money can help our economy. Just make it easy for americans to see how they can help themselves, and the economy at the same time.

Reddwhtblue · Aug 24, 2012

WOW

regent · Aug 28, 2012

So far in our history the economy is never fixed, but it does have a cycle with stages that it repeats:
Getting ready to go under
Going under
Under
Recovering
Recovered

freedombecki · Aug 31, 2012

The only thing stimulated was the debt. It stimulated a lot of debt due to overspending. It's looney tunes. Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

Avorysuds · Sep 2, 2012

So Obama is gonna give rich people free money or near free money again? Man, TM, Rtard, Marc, FranhasHPV, Chris, RW should love that.

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YAY!!! The economy is fixed - staock market rises 200 plus points - all is well.

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YAY!!! The economy is fixed - staock market rises 200 plus points - all is well.

iamwhatiseem Gold Member

bobgnote BANNED

waltky Wise ol' monkey Supporting Member

ItsjustmeIthink Social Capitalist

Reddwhtblue Rookie

regent Gold Member

freedombecki Let's go swimmin'! Supporting Member

Avorysuds Gold Member

Latest Threads

Realistic Goals for Environment?

GREAT AGAIN: GDP Smashes Expectations, HITS 15 Year HIGH

If white racism is a thing of the past.....

Israel: Helping To Make A Better World

OPCW: No chemical weapons found in Douma

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