It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: Pandora on March 14, 2012, 03:00:10 PM

Title: "Thank you, Obama!" she says
Post by: Pandora on March 14, 2012, 03:00:10 PM
Quote
Anyone with a 401k or similar retirement fund is much, much better off now. All Municipal and private holders of funds holding stocks are much, much better off now.

Pension funds are flush again. Thank you, Obama!

Anybody got a graph or a link as an answer to this?  Cause it's making my head hurt.

Title: Re: "Thank you, Obama!" she says
Post by: Weisshaupt on March 14, 2012, 06:07:32 PM
Quote
Anyone with a 401k or similar retirement fund is much, much better off now. All Municipal and private holders of funds holding stocks are much, much better off now.

Pension funds are flush again. Thank you, Obama!

Anybody got a graph or a link as an answer to this?  Cause it's making my head hurt.



QE to infinity and beyond!  Yes, the balance on your 401K is probalby looking nice and healthy now. Dow is at 13194 today.  All time high was 14093
All is well. Obama fixed it.

 Yes we just printed up a bunch of money and bid up those stocks. S&P tells much the same story.    Expected divideds are up - largely because of Wells Fargo- more on that here (http://politicalcalculations.blogspot.com/2012/03/inside-s-500s-fun-ride.html)

Meanwhile earnings per share are still falling (http://politicalcalculations.blogspot.com/2012/03/changing-futures-for-s-500-earnings.html) and there are still not enough jobs begin created to keep up with population growth.  We already posted S&P and DOw compared to gold in the Obama depression thread.

What these idiots are seeing is the effect of inflation. Williams at shadowstats  has that at over over 10% (http://www.shadowstats.com/alternate_data/inflation-charts) using that archacic version of CPI that actually incliudes gas and food.
The underlying economy is as bad as ever, its just that much of the deleveraging has occured and we are starting to see the inflation finally show up.  The normal response at thei point would be to raise interest rates. However, when the government is running 1.5 trillion in deficits they can't do that- going back to even 3% will add 45 billion a year just in interest







Title: Re: "Thank you, Obama!" she says
Post by: Pandora on March 14, 2012, 07:06:00 PM
Thank you, Weisshaupt!

The truth makes no impact on these kind, the stoopit is so very strong.
Title: Re: "Thank you, Obama!" she says
Post by: Glock32 on March 14, 2012, 07:15:46 PM
We're dealing with weapons grade stupidity. 
Title: Re: "Thank you, Obama!" she says
Post by: Pandora on March 14, 2012, 07:32:58 PM
We're dealing with weapons grade stupidity. 

The grade that kills the believer.  But they use it to kill you first.
Title: Re: "Thank you, Obama!" she says
Post by: Libertas on March 14, 2012, 07:41:26 PM
WMS
Title: Re: "Thank you, Obama!" she says
Post by: Pandora on March 14, 2012, 07:53:59 PM
WMS

Translation plz?
Title: Re: "Thank you, Obama!" she says
Post by: charlesoakwood on March 14, 2012, 08:38:13 PM

"What these idiots are seeing is the effect of inflation."




...

What these idiots are seeing is the effect of inflation. Williams at shadowstats  has that at over over 10% (http://www.shadowstats.com/alternate_data/inflation-charts) using that archacic version of CPI that actually incliudes gas and food.
The underlying economy is as bad as ever, its just that much of the deleveraging has occured and we are starting to see the inflation finally show up.  The normal response at thei point would be to raise interest rates. However, when the government is running 1.5 trillion in deficits they can't do that- going back to even 3% will add 45 billion a year just in interest






Guess if you're stuck with cash it's time to buy something.

Title: Re: "Thank you, Obama!" she says
Post by: Sectionhand on March 15, 2012, 03:50:08 AM
WMS

Translation plz?

I think that's Weapons of Mass Stupidity .
Title: Re: "Thank you, Obama!" she says
Post by: Libertas on March 15, 2012, 06:57:11 AM
WMS

Translation plz?

I think that's Weapons of Mass Stupidity .

 ::thumbsup::

SH gets a cookie!

Oh, and on those 401(k)'s...as CO points out below, our monetary & fiscal policies have been geared to prop up markets, so once inflation and debasement have their say the real nominal value of your portfolio is not what it was 5 years ago, all things being equal.  So what this WMS is really saying is "Thank you Obama for spreading not the wealth, but the pain, and with a promise of more and worse pain yet to come"!
Title: Re: "Thank you, Obama!" she says
Post by: Predator Don on March 15, 2012, 09:10:58 AM
Quote
Anyone with a 401k or similar retirement fund is much, much better off now. All Municipal and private holders of funds holding stocks are much, much better off now.

Pension funds are flush again. Thank you, Obama!

Anybody got a graph or a link as an answer to this?  Cause it's making my head hurt.


[/quote


Remember, this is the same type of person who bought into the term "jobless recovery".....