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westerebus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-01-09 11:21 PM
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37. But why?
But why does the market keep going up? If you come here and read our fellow comrades' point of view, you begin to get the feeling all is lost. There is no hope. Or what hope there is, is very slim to some, but barely enough for all. So why?

Firstly, given the lack of confidence any body will get this mess corrected is not speculation. There is simply to many competing self interests to carry through a comprehensive plan and as of yet, the politics of money takes precedent. Money has purchased power. Power enjoys the perks money affords it.

So who gets bailed out or cut in on the deal makes sense to those with money and power. You, comrade sit there and fume at the injustice. The party is not so interested in equality as it is in equity. That is where the rubber meets the road.

Pensions. Mutual funds. 401k's. All have a problem. How to pay out retiree's benefits with out forcing the market even lower given the recent sell off of 2008. They have reflated the bubble to the extent most obligations can be met.

Good citizens still put money into retirement accounts as do their employers. Add to that the recapitalization of the mega banks and of the investment capitalization pass through by their hedge funds, the market moves upward. Black pools are just so helpful.

The caution here is understood. They need a cushion because the next correction will test new lows. Retracing in search of a bottom that wasn't found in the last drop. Too big to fail came closer then they will admit. Intervention by the FED and Treasury prevented the great unwinding.

That policy remains in tact. It has not changed. The FED's balance sheet of debt holdings, euphemistically called reserves, and monetary intervention is perhaps the explanation why god exists. Pure faith.

As printed on our currency: " In God We Trust".

The comrades who have worked to keep all informed of the direction and disparity of the abusers are not depression-ista's, they are realists. Their message is clear. We have not cleared the mine fields.

Goldstein is not in favor of the economic destruction of wall street, if it takes down main street. The reverse can not be said of the party and their wall street backers.

The party, the reason why is not an option. To ask why denotes curiosity. Curiosity leads to questioning authority. Questioning authority provokes calculated response. All forms of political response seek to instill loyalty. Good citizens do not question loyalty.

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  -Goldstein's comrade, again,again. westerebus  Feb-14-09 03:13 PM   #0 
  - The Rolling Stones.  westerebus   Feb-17-09 07:57 AM   #1 
  - Where is Jesus when you need him most?  westerebus   Feb-23-09 08:45 PM   #2 
  - Bretton Woods III  westerebus   Feb-28-09 11:17 AM   #3 
  - Bravo, comrade!  SlowDownFast   Mar-01-09 03:49 AM   #4 
  - Happy days are here again...  westerebus   Mar-07-09 01:42 PM   #5 
  - cleansing light  upi402   Mar-08-09 04:40 AM   #6 
  - who the cap fit...  westerebus   Mar-09-09 07:12 AM   #8 
  - Welcome back Comrade!  Joanne98   Mar-08-09 05:20 PM   #7 
  - You've been busy..  westerebus   Mar-09-09 07:14 AM   #9 
     - Yep.  Joanne98   Mar-10-09 12:35 PM   #11 
  - The Banks.  westerebus   Mar-10-09 08:20 AM   #10 
  - Woodrow Wilson  westerebus   Mar-12-09 10:13 PM   #12 
  - Who writes with a voice  upi402   Mar-15-09 12:25 PM   #13 
     - Itsa shame more folks don't "get" westerbus.  SlowDownFast   Mar-15-09 02:19 PM   #14 
     - Who runs the Treasury? n/t  westerebus   Mar-15-09 08:40 PM   #15 
        - Those that were born  Po_d Mainiac   Mar-15-09 09:12 PM   #16 
  - The case for a human face.  westerebus   Mar-17-09 10:43 PM   #17 
  - Bravo, again! n/t  SlowDownFast   Mar-18-09 02:14 AM   #18 
  - When all else fails...punt!  westerebus   Mar-23-09 07:44 PM   #19 
  - Federal Credit Reform Act of 1990.  westerebus   Mar-25-09 07:03 AM   #20 
  - SOLD TO US!  SlowDownFast   Mar-25-09 07:48 AM   #21 
  - Oh goodie! What a week!  westerebus   Mar-28-09 12:00 PM   #22 
  - Hold every thing.  westerebus   Apr-02-09 10:52 PM   #23 
  - Moving to action.  westerebus   Apr-07-09 08:16 AM   #24 
  - New money for old.  westerebus   Apr-10-09 09:35 AM   #25 
  - But the bicameral uniparty is counting on the fact  upi402   Apr-10-09 01:32 PM   #27 
     - So true, comrade, so painfully true. n/t  westerebus   Apr-10-09 10:56 PM   #28 
  - Hi Comrade!  Joanne98   Apr-10-09 10:47 AM   #26 
  - Across the pond.  westerebus   Apr-17-09 08:59 AM   #29 
  - The EU hypocrites. They whine about "protectionism" then go do it themselves.  Joanne98   Apr-20-09 09:10 AM   #31 
  - 1600 AD  westerebus   Apr-20-09 08:12 AM   #30 
  - Goldstein made a video.  Joanne98   Apr-20-09 11:05 AM   #32 
  - All we need now are the wanted posters. n/t  westerebus   Apr-20-09 07:05 PM   #33 
  - Kermit, the frog.  westerebus   Apr-27-09 10:05 PM   #34 
  - Twilight cometh.  westerebus   May-09-09 02:43 PM   #35 
  - Blood in the water.  westerebus   May-25-09 09:43 PM   #36 
  - But why?  westerebus   Jun-01-09 11:21 PM   #37 

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