Friday, June 14, 2013
Wish it would drop 4 digits but that's something we're always patiently waiting for... the crash that once and for all stops people from believing we're in recovery and more importantly, wipes out professional investors and the Jim Cramer 'Mad Money' viewers...
The official reasoning for the drop -- "profit taking"
In other words, the market going up is Good because higher numbers are always better than lower, and the market dropping is a Good thing because rats are cashing out their profits...
Black is white and white is black...
Sorta like a higher unemployment rate is 'Good' because more people are looking and a lower unemployment is 'Good' because most Americans don't know what's going on anyways..
Sorta like consumer confidence dropped in June which is never 'Good' but the media will Never Ever allow you to be properly informed so they report it as, "June's reading, however, was the second highest in the last eight months, suggesting Americans were far from gloomy about their long-term prospects." (AP)
Sorta like Obama is really Black Bush... George W that is...
Everyone knows it-- few will say it.
His economic policies cater to the elite wealthy, no banker has even been charged or arrested, much less convicted for their role in the '08 crash, he retained Bernanke back in 2009 (a Bush appointee) Gitmo is still open, and then there's IRS, NSA, strengthening of Patriot Act, etc..
OK.. there is one difference between the two men..
Obama hates Israel.. Bush didn't..
Double talkin' jive..
"A Syrian rebel group's April pledge of allegiance to al-Qaeda's replacement for Osama bin Laden suggests that the terrorist group's influence is not waning.." (USA Today)
Sorta like we treat our enemies as if they were our friends i.e. China and treat our friends and allies with suspicion and fear..
Yep, everything is double-talkin' jive.
Whatever it takes for you to believe all is well...
Posted by Susquehanna at Friday, June 14, 2013