Saturday, July 24, 2010

MIDDLE CLASS IS SHRINKING

22 STATS ARE EYE OPENERS

"36 percent of Americans say that they don't contribute anything to retirement savings. " *folks how is mkt rising w/o all these folks piling in money on reg basis? we got a gamed mkt is what we got..a fantasy mkt....not to be trusted imho


The GULF between the HAVES and the NOTS have never been greater. The US Stock market rally from March of 2009 has been one wonderful manipulated orchestrated electronically managed, low volume example of gaming.

FED will pay Banks .25% on excess reserves it has created.....(AKA FREE RIDE MONEY) and the banks have access from FED basically money for nothing.......Banks have LESS incentive to lend and take risk....yet FED has said they plan to FORCE banks to lend......what a metaphor...what a joke. Bank earnings from which they PAY HUGE bonuses are based on their assets of which the mortgages they hold most of which are NOT marked to market value......and financials which also use OFF BALANCE SHEET and other TRICKS to mask problems......are BIG part of the earnings brigade.

D

BIRTH OF NEW BULL MKT?

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