B.S. Bernanke and The Never Ending Recovery

[GFB]

Jeeze! Bob just posted the article a few days ago. It was from the NYTimes. You didn't read it? I guess maybe it wasn't on Fox News or the Limbaugh Show.

It's not a question of disagreeing with the figures..

..it's that you can't determine the history of the middle class..or the Fed..or the ANYTHING..by the financial trials of the last 10 years.

It's really a fairly simple concept. The net worth of the middle class is worth 1/3 less than 10 years ago. It has nothing to do with history. And unless something changes that trend will continue.

Everything has changed already..and continues to change..home values..stock values..

..sorry..the trend is up!

[planosteve]

Home and stock values are up because they are in a bubble caused by the FED pumping billions of dollars into the banking system every month beginning in 2009. That money had to go somewhere and where it went was into housing and the stock market. When
it collapses this time, it's going to make 2008 look like a walk in the park.

[GFB]

So that's it..anytime any market improves because of the work of the Fed..it's a bubble.

[planosteve]

So that's it..anytime any market improves because of the work of the Fed..it's a bubble.

No, the banksters work the stock and housing markets because they make more money. Most people don't realize the housing bubble crisis of 08 is not over yet. In some areas of the country the prices never came back and I believe there are something like 4 million homes still under water and the owners still suffering from that fiasco.

[GFB]

So that's it..anytime any market improves because of the work of the Fed..it's a bubble.

No, the banksters work the stock and housing markets because they make more money. Most people don't realize the housing bubble crisis of 08 is not over yet. In some areas of the country the prices never came back and I believe there are something like 4 million homes still under water and the owners still suffering from that fiasco.

What's a bankster?

[planosteve]

So that's it..anytime any market improves because of the work of the Fed..it's a bubble.

No, the banksters work the stock and housing markets because they make more money. Most people don't realize the housing bubble crisis of 08 is not over yet. In some areas of the country the prices never came back and I believe there are something like 4 million homes still under water and the owners still suffering from that fiasco.

What's a bankster?

I don't know, but it sounds cool. But, I expect that it has something to do with the fact that a lot of bankers are rich and a lot of rich folks are crooked.