Sequester Was The Right Thing To Do: Dow Just Hit 15,003 : Private Sector Growing Economy

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posted on May, 3 2013 @ 09:45 AM
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The private sector is growing the U.S. Economy at an acceptable rate. Reigning in spending

with the Sequester was the right thing to do. As of April 2013 the U.S. GDP = $16 Trillion !

The USA is an economic superpower.


Write this down: U.S. Stock Market jumps over 15,000 on May 3, 2013.

Fox Business Confirms it!





posted on May, 3 2013 @ 09:50 AM
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Wall Street =/= Main Street.

By the DOW standards since it is at all time highs would equal Main Street doing well.

Are you buying that? Do you actually think the US economy is on the mend by leaps and bounds?

Pfft...

I have some prime sandy beaches all over Arizona to sell you if you equate the DOW with Main Street.



posted on May, 3 2013 @ 09:55 AM
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Originally posted by Terminal1
Wall Street =/= Main Street.

By the DOW standards since it is at all time highs would equal Main Street doing well.

Are you buying that? Do you actually think the US economy is on the mend by leaps and bounds?

Pfft...

I have some prime sandy beaches all over Arizona to sell you if you equate the DOW with Main Street.


Middle Class Americans have 401 Ks that are skyrocketing.


The U.S. Economy is the envy of the world.

It appears that Apple, Verizon & Wells Fargo are leading the way forward.

Comcast also appears to be doing well.

We will keep our AAA Rating for the rest of the year.


+7 more 
posted on May, 3 2013 @ 10:08 AM
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reply to post by TauCetixeta
 


The Dow is NOT an economic indicator. The reason the Dow is doing "so well" is because corporations are buying back their own stock, and the value of the Dow is GROSSLY overvalued. A crash the likes of which we have never seen is coming. Believe the hype if you want to.



posted on May, 3 2013 @ 10:11 AM
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Originally posted by OptimusSubprime
reply to post by TauCetixeta
 


The Dow is NOT an economic indicator. The reason the Dow is doing "so well" is because corporations are buying back their own stock, and the value of the Dow is GROSSLY overvalued. A crash the likes of which we have never seen is coming. Believe the hype if you want to.


Read that article why the Dow is doing so well.

The U.S.Economy is growing at around 2.5%.

Jobs are being created.

Now is not the time for Doom & Gloom.



posted on May, 3 2013 @ 10:15 AM
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Originally posted by TauCetixeta

Originally posted by OptimusSubprime
reply to post by TauCetixeta
 


The Dow is NOT an economic indicator. The reason the Dow is doing "so well" is because corporations are buying back their own stock, and the value of the Dow is GROSSLY overvalued. A crash the likes of which we have never seen is coming. Believe the hype if you want to.


Read that article why the Dow is doing so well.

The U.S.Economy is growing at around 2.5%.

Jobs are being created.

Can I get one of those.

Now is not the time for Doom & Gloom.
edit on 3-5-2013 by ivbnu because: (no reason given)
edit on 3-5-2013 by ivbnu because: (no reason given)



posted on May, 3 2013 @ 10:16 AM
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Originally posted by TauCetixeta

Originally posted by OptimusSubprime
reply to post by TauCetixeta
 


The Dow is NOT an economic indicator. The reason the Dow is doing "so well" is because corporations are buying back their own stock, and the value of the Dow is GROSSLY overvalued. A crash the likes of which we have never seen is coming. Believe the hype if you want to.


Read that article why the Dow is doing so well.

The U.S.Economy is growing at around 2.5%.

Jobs are being created.

Now is not the time for Doom & Gloom.


The market is doing so well because the federal reserve is pumping 85 billion dollars of printed money into it monthly.

The participation rate for jobs is at 1979 levels! That’s not a growing economy. These data points provided by the government are so manipulated, its not even funny.

Argentina stock market rose 75% this year. They must be doing a fantastic job!!!! NOT, its called inflation and that’s what it does, inflates stock prices as well as all commodities.
edit on 3-5-2013 by camaro68ss because: (no reason given)



posted on May, 3 2013 @ 10:18 AM
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WooHoo! The stock market is climbing! 401k's are bursting with money! IRA's are looking great! ALL IS WELL!


...just in time for them to give us a wee little haircut, Cyprus style, I'm thinking. Why not fatten up the piggy before the big dinner?



posted on May, 3 2013 @ 10:21 AM
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Originally posted by camaro68ss

Originally posted by TauCetixeta

Originally posted by OptimusSubprime
reply to post by TauCetixeta
 


The Dow is NOT an economic indicator. The reason the Dow is doing "so well" is because corporations are buying back their own stock, and the value of the Dow is GROSSLY overvalued. A crash the likes of which we have never seen is coming. Believe the hype if you want to.


Read that article why the Dow is doing so well.

The U.S.Economy is growing at around 2.5%.

Jobs are being created.

Now is not the time for Doom & Gloom.


The market is doing so well because the federal reserve is pumping 85 billion dollars of printed money into it monthly.

The participation rate for jobs is at 1979 levels! That’s not a growing economy. These data points provided by the government are so manipulated, its not even funny.

Argentina stock market rose 75% this year. They must be doing a fantastic job!!!! NOT, its called inflation and that’s what id does, inflates stock prices as well as all commodities
edit on 3-5-2013 by camaro68ss because: (no reason given)


Keep going. US Economy GDP jumped over $16 Trillion.

Our economy is the envy of the world.

We have a Natural Gas BOOM in the USA Economy. Fracking is on the move.

Keystone Pipeline is on the way.



posted on May, 3 2013 @ 10:21 AM
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What in the world does the Sequester have to do with the Stock Market?

NOTHING!!!



posted on May, 3 2013 @ 10:22 AM
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85 billion a month bailouts?
( did i just have a dyslexic moment?)
this is good?

austerity is the only way to go...broke
the top economists all recently said the Icelandic method is the correct way ( in hindsight) to deal with these bankweasles



posted on May, 3 2013 @ 10:22 AM
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Originally posted by Terminal1


I have some prime sandy beaches all over Arizona to sell you if you equate the DOW with Main Street.


depends. is it ocean front? I like a good view.



posted on May, 3 2013 @ 10:23 AM
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Originally posted by Danbones
85 billion a month bailouts?
( did i just have a dyslexic moment?)
this is good?

austerity is the only way to go...broke
the top economists all recently said the Icelandic method is the correct way ( in hindsight) to deal with these bankweasles


Icelandic way, throw all the bankers in jail and throw away the key. Thats what needs to be done here!!!!



posted on May, 3 2013 @ 10:23 AM
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Originally posted by Wrabbit2000
WooHoo! The stock market is climbing! 401k's are bursting with money! IRA's are looking great! ALL IS WELL!


...just in time for them to give us a wee little haircut, Cyprus style, I'm thinking. Why not fatten up the piggy before the big dinner?


Free Market Capitalism is booming, much to the chagrin of the Secular Progressives.


The real estate market has recovered. Home values are shooting up.

Some Americans are no longer in an underwater position.
edit on 3-5-2013 by TauCetixeta because: (no reason given)



posted on May, 3 2013 @ 10:26 AM
link   

Originally posted by Danbones
85 billion a month bailouts?
( did i just have a dyslexic moment?)
this is good?

austerity is the only way to go...broke
the top economists all recently said the Icelandic method is the correct way ( in hindsight) to deal with these bankweasles


QE-1, QE-2, QE-3 are not so bad.

It's a trick we learned from Great Britain.

A large part of our National Debt is owned by the Federal Reserve.



posted on May, 3 2013 @ 10:27 AM
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Originally posted by TauCetixeta

Originally posted by camaro68ss

Originally posted by TauCetixeta

Originally posted by OptimusSubprime
reply to post by TauCetixeta
 


The Dow is NOT an economic indicator. The reason the Dow is doing "so well" is because corporations are buying back their own stock, and the value of the Dow is GROSSLY overvalued. A crash the likes of which we have never seen is coming. Believe the hype if you want to.


Read that article why the Dow is doing so well.

The U.S.Economy is growing at around 2.5%.

Jobs are being created.

Now is not the time for Doom & Gloom.


The market is doing so well because the federal reserve is pumping 85 billion dollars of printed money into it monthly.

The participation rate for jobs is at 1979 levels! That’s not a growing economy. These data points provided by the government are so manipulated, its not even funny.

Argentina stock market rose 75% this year. They must be doing a fantastic job!!!! NOT, its called inflation and that’s what id does, inflates stock prices as well as all commodities
edit on 3-5-2013 by camaro68ss because: (no reason given)


Keep going. US Economy GDP jumped over $16 Trillion.

Our economy is the envy of the world.

We have a Natural Gas BOOM in the USA Economy. Fracking is on the move.

Keystone Pipeline is on the way.


Im sorry, im going to call you out, your talking points are so on, someone must be paying you to post this mindless garbage.

Some points being true as they may, are only because the market is being heavily manipulated by the central banks and federal reserve. The proof is all around us and is even admitted openly to the public. You have to be deaf dumb and blind to believe this garbage.



posted on May, 3 2013 @ 10:29 AM
link   

Originally posted by TauCetixeta

Originally posted by Danbones
85 billion a month bailouts?
( did i just have a dyslexic moment?)
this is good?

austerity is the only way to go...broke
the top economists all recently said the Icelandic method is the correct way ( in hindsight) to deal with these bankweasles


QE-1, QE-2, QE-3 are not so bad.

It's a trick we learned from Great Britain.

A large part of our National Debt is owned by the Federal Reserve.


A trick we learned for Great Britain? Is that why there in their 3rd Recession in the last 6 years. GREAT!



posted on May, 3 2013 @ 10:32 AM
link   

Originally posted by camaro68ss

Originally posted by TauCetixeta

Originally posted by camaro68ss

Originally posted by TauCetixeta

Originally posted by OptimusSubprime
reply to post by TauCetixeta
 


The Dow is NOT an economic indicator. The reason the Dow is doing "so well" is because corporations are buying back their own stock, and the value of the Dow is GROSSLY overvalued. A crash the likes of which we have never seen is coming. Believe the hype if you want to.


Read that article why the Dow is doing so well.

The U.S.Economy is growing at around 2.5%.

Jobs are being created.

Now is not the time for Doom & Gloom.


The market is doing so well because the federal reserve is pumping 85 billion dollars of printed money into it monthly.

The participation rate for jobs is at 1979 levels! That’s not a growing economy. These data points provided by the government are so manipulated, its not even funny.

Argentina stock market rose 75% this year. They must be doing a fantastic job!!!! NOT, its called inflation and that’s what id does, inflates stock prices as well as all commodities
edit on 3-5-2013 by camaro68ss because: (no reason given)


Keep going. US Economy GDP jumped over $16 Trillion.

Our economy is the envy of the world.

We have a Natural Gas BOOM in the USA Economy. Fracking is on the move.

Keystone Pipeline is on the way.


Im sorry, im going to call you out, your talking points are so on, someone must be paying you to post this mindless garbage.

Some points being true as they may, are only because the market is being heavily manipulated by the central banks and federal reserve. The proof is all around us and is even admitted openly to the public. You have to be deaf dumb and blind to believe this garbage.


So, there really is no Keystone Pipeline? Hmmm.....

Are Natural Gas prices high or low?

The real estate market booming again? True or False?

Stop being a Mr. Crankypants.
edit on 3-5-2013 by TauCetixeta because: (no reason given)



posted on May, 3 2013 @ 10:33 AM
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reply to post by TauCetixeta
 



Our economy is the envy of the world.


Yup... the whole world wants a national debt in excess of 100% to GDP and climbing ..85t a month, with absolutely no sign of slowing.


Wait until interest and inflation come off near flat line positions. Then the fun REALLY begins. I noticed the other day, a commercial was showing a happy couple buying their new home. The American Dream! ....with an APR mortgage. (face palm). My wife and I said, almost in unison..'poor bastards...
'. No one learned a thing. It's record low rates but the kick into the street with a foreclosure comes when inflation starts acting within the laws of basic economics again.

That should be when the points really start counting ...pun intended.



posted on May, 3 2013 @ 10:35 AM
link   

Originally posted by camaro68ss

Originally posted by TauCetixeta

Originally posted by Danbones
85 billion a month bailouts?
( did i just have a dyslexic moment?)
this is good?

austerity is the only way to go...broke
the top economists all recently said the Icelandic method is the correct way ( in hindsight) to deal with these bankweasles


QE-1, QE-2, QE-3 are not so bad.

It's a trick we learned from Great Britain.

A large part of our National Debt is owned by the Federal Reserve.


A trick we learned for Great Britain? Is that why there in their 3rd Recession in the last 6 years. GREAT!


Well, the problem with Great Britain is that they have destructive policies in place.

It could be worse. They are thanking their lucky stars that they did not join the Euro.





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