Friday, March 19, 2010

2 RECENT HEADLINES

"Investors Feeling a Bit Queasy Over Health Care Tax Hikes-

Investors with a steady stream of income from stocks and other assets could be excused for feeling a little queasy as the health care reform measure nears approval in Washington. The latest version of the bill pays for the health care expansion largely on the backs of investors who face a smorgasbord of new taxes on interest, dividends, capital gains and other investment income."

"Dow's winning streak is halted as Greek worries return"


Friends if the DOW was "worried" it would drop by more than 37 points!

Recent comment on blog on housing by SHiller, but main point is as interest rates drop people can afford more house for same payments, and that's exactly what happened with the reckless FED policy of holding rates DOWN for SO LONG......all people were looking at was "what are my payments" which ALLOWED prices to SOAR!

THE FED now has outdone their stupid asses with a 0% policy for g-ds knows how long, and if you pay attention and look back at my housing charts....you can't like what you see...SO FAR anyway....not revived.

This is NOT 1990, or 1998, or 2002....we now have a debt financial BUBBLE BURST and the results are different...medicine the same.

Safe haven is seen in BONDS, the yield nary rising in 12 months as stocks soared 70%...go figure

OPEX out of way....surely we just keep going up no worries...what a booming fing economy we have....what a bunch of suck asses we have at the helm.....BANKSTERS LAUGHING, GETTING PAID, 8 MILLION PLUS Out of work....failed policies in place...same damn mkt gosing game in play..enjoy

D

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