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  • Government's Next Lesson: Small Is Beautiful [View article]
    Exactly, the only reason the market rises is because we treat it like casino games, play until you win, or throw more money at it until you go broke, either way the casino still makes a killing, but if people could just see through the blanket of lies then we would have a free fall of true value correction where stock actually reflect what they are worth instead of what they might be worth if they succeed at winning the lottery. People have forgotten stocks are just virtual items that carry no real worth. The free market is such a farce these days it makes me sick.


    On Dec 04 12:34 PM dw57 wrote:

    > have we not learned that a wild west version of the a 'free' market
    > (not that it has or will exist) is guaranteed to do what it has done
    > before. we have doe this before, right before the great depression,
    > and the one in 73 (as in 1873). the results have always been the
    > same. many years (minimum was about 10 years) to recover. and that
    > was caused by lax regulations. and not enforcing what did exist.
    > i guess those who advocate this fake free market, must be taking
    > it from the the illegal drug trade cause thats the best example
    > of their free market!
    Dec 04 13:01 pm |Rating: +1 -1 |Link to Comment
  • Government's Next Lesson: Small Is Beautiful [View article]
    It is impossible to fathom the stupidity of both the government and investors today. We are NOT in a recession. It is much worse. We are in a GREAT DEPRESSION! It is sad to see investors returning to the market so early. Here’s the important reason why: right now the TRUE state of the US is similar to that of most 3rd world countries and getting much worse. The figures shy away from the truth because investors are so intent to force out a false hope with unreasonable inflation in market values while they try to quickly recover their losses within the next few years. But the figures obscure reality, one is is in unemployment. Initials claims dropping this month is HORRENDOUS NEWS. People aren’t beginning to claim unemployment this month because THEY WERE ALREADY LAID OFF and have been for over a year now. The government has already stated the recession began in 2007 but failed to label it as a depression. Instead, they should have looked at continued claims clearly up 200% and climbing, but even those figures lie since unemployment can only be claimed for up to 6 months, after that the government lies and removes you from the counts. The truth is, nearly everyone that lost there jobs last year are still without work, and those people that have kept their jobs are either working less hours or being laid off this month and won’t be included in the unemployment counts because they are ineligible to file for unemployment. Also not included in the counts are those that have lost their second job, since they too are ineligible to file as well. THE TRUTH IS AT LEAST 15% OF THE NATION IS CURRENTLY UNEMPLOYED AND RISING! I would expect it to reach some 25% by February with poverty reaching above 40% in addition to already rising energy and commodity pricing. Why am I the only one to see this?
    Dec 04 11:57 am |Rating: +2 -1 |Link to Comment
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