In response to:

Optimism in the Air

Joe211 Wrote: Mar 16, 2013 10:42 AM
I think Uncle Larry has finally lost it. He must be getting all of his information from the New York Times. The Stock Market and it's companies don't even consider performance and profits anymore. Today it's a fake stock market based on nothing but the whim of government and a few big players. Today the stock market means nothing. Real Estate performance is based on all the wrong indicators. It is driven by investors and funds that do most of the buying. Prices are being driven up by banks who have decided to only release about 10% of their inventory on the open market, choking the supply and inflating the prices. Foreclosures has not slowed down and unemployment is only exceeded by people accepting part time jobs instead of full time jobs.
jsullivan154 Wrote: Mar 16, 2013 9:11 PM
Joe, The stock market don't consider performance anymore? Really? How so?
Today's fake stock market is based on nothing but? Again How so?
Real estate performance is based on the wrong indicators? How so? Driven buy investors? Yea and Homeowners and Tenants.
Prices drive-up buy banks deciding to release (10%) of their inventory on the open market choking the supply and inflating prices? No $&=^? Is that not the idea after the huge crash of sub prime? Remember? Deregulation as the great creation for fleecing the American population?
Joe, Foreclosures have slowed considerably.... Layoffs where at 8 million per month when Obama took office and are steadily improving and you are still full of #$%^ Joe.
damnyankeeCarol Wrote: Mar 17, 2013 9:13 AM
Have the Feds stop printing money. Money backed by nothing. Have the Feds stop buying short and long term bonds and see how this economy does j. It's a false economy and you know it, or should......
jsullivan154 Wrote: Mar 17, 2013 11:51 PM
Carol again from memory, the Feds as you have implied, more accurately the Federal Reserve, was created by FDR after the deregulated early Republicans mishandled Wall Street and Crashed our economy i.e. The FED could step in and help make the collapsed economy? In other words a back stop for over zealous and unscrupulous investors? Not really a definition of Conservative eh?

As w/backstopping GM, Chrysler, Banks, AGI, Homeowners and all the others caught in the game for insatiable greed by the few w/no involvement?
All are better off now thanks to the FED and more profitable?

Do I agree w/bailing out to big to fail Banks and Insurer's? NO But am trying to explain how sometimes desperate times call for desperate measures?

You might not know it from the acrimonious political debate on cable and broadcast TV, or on talk radio, or on websites and blogs. But here's a counterintuitive observation: Amidst all the negativism out there, I believe  optimism is in the air.

That's right.  Optimism.

Sometimes you have to search for it, or read it in the fine print. But I believe the political economy is getting better, not worse.

Let me make a few points to defend what most folks believe is an indefensible position.

The stock market is hitting record highs daily, returning a...