swisswiss

GE Results Validate Theory: Severe Economic Contraction

The process is simple: A state like Pennsylvania gets over $200 million in ARRA funds for weatherization. They get federal funds for education, etc. The State Treasurer holds that money for months, putting it into funds. State after State plays this game. Viola--upward market valuation, not because equities are inherently more valuable, but demand makes it that way.


On Jul 17 01:25 PM conceptwizard wrote:

> The Government is very effective in manipulating the markets. We
> get good news on GS from Merideth Whitney and the market rallies.
> We get bad news on GE and the market rallies...we get no news and
> the market rallies. They are going to hold this market up no matter
> what. Blow that bubble!
> PPT go team go!