Who Remembers Four Years Ago? Sept 15Th 08

[cristinew]

Who remembers four years ago?

===========

September 2008:

Monday, September 15, 2008, Lehman Brothers declared bankruptcy. The Dow dropped 504.48 points.

September 29, 2008 The Dow fell 777.68 points, the most in any single day in history.

Unemployment rate on Election Day 2008 – 6.5%

On Obama’s Inauguration Day - 7.3%

Stock Market Closing Prices – January 20, 2009

 

Dow Jones Industrial Average ( DJIA ) Close - 7949

Nasdaq Stock Market Close - 1440

S&P 500 Close - 805

The Bush Recession was rapidly hitting the fan before Obama took office.

Soon afterwards, Obama's economic stimulus plan started to create the confidence needed to stop the panic.

On July 24, 2009, the Dow reached a higher high, closing at 9,093.24

What happened since?

October 2009: Peak Unemployment Rate – 10%

Current Unemployment Rate – 8.3%

Stock Market Closing Prices - September 5, 2012

 

Dow Jones Close - 13047

S&P 500 Close - 1403

NASDAQ Close - 3069

It looks like we’re better off now than four years ago, and headed in the right direction.

If....

We don’t give it all back to the Republicans and go backwards to the same failed policies.

=======================

 

 

January 20, 2009 Dow Jones Close – 7949

September 5 2012 Dow Jones Close - 13047

[peanutbutter]

Actually what you are observing is the cash flow from the Federal Reserve.

 

The first pit stop for all that sloppy cash is wall street. As the fed pumps cash into our economy the stock market goes up. After all we ARE talking a close relative of the banking system.

 

So yes .. the banking system went down and then back up.

 

Which has little to do with which president is in office.

 

Soooo .. the fed just announced that they will pump several billion dollars into the US economy every month for a long time.

 

That's supposed to make us happy. More money in our economy. Everyone winds up with little slices of it as it trickles down. Of course most of it stays with wall street and the banks.

 

A small group in New York get to become more powerful and rich. They, in turn, are able to make contributions to politicians. Usually both sides.

 

Just keeping the wheels greased. Keeping the machine running. Gotta keep banks happy.

 

Please .. giving Bush OR Obama any credit for what happens is silly.

 

"Ignore the man behind the curtain." It's all a shell game, with built in fall guys. And while we get sucked into watching the fall guys, they still keep playing the game.

 

It's all about the money. And guess who has that?

[cristinew]

Yes i think Reagan did the same thing back in the 80s

[peanutbutter]

Yes i think Reagan did the same thing back in the 80s

 

No .. the federal reserve did it. Sometimes they help an elected official look good. Sometimes bad.

 

Remember that Reagan was an actor.

[Timmahh]

its not that rosey PB. currently a 100.00 bill is actually worth 14 cents. the cost to print it.

a 1.00 bill is worth about.... 14 cents, the same cost to print it.

 

so our valueless, worthless fiat money, will get twins every month, while there is no more value added to the money.

 

by xmas, each bill that was worth .14 cents today, will only be worth 10 cents, and that gallon of gas that is 4.09 will be passing 6.00 or 6.50 a gallon.

 

By Xmas if they put 40Billion, yes with a B, each month into the Economy until we are pacified, which wont happen, there will be rioting on the streets. We are already seeing it happening around the States right now... and Financially, this is the finale swindle before the coming crash, Martial Law, and then a new world monetary source, which ofcousre is more worthless than what we have now.

 

 

Lets put it like this.

 

We have one cherry pie for everyone. but what they are doing is just adding air into the cherry pie but telling us we are actually getting a bigger pie, but we are actually getting less filling.

Edited September 16, 2012 by Timmahh

[peanutbutter]

its not that rosey PB. currently a 100.00 bill is actually worth 14 cents. the cost to print it.

a 1.00 bill is worth about.... 14 cents, the same cost to print it.

 

so our valueless, worthless fiat money, will get twins every month, while there is no more value added to the money.

 

by xmas, each bill that was worth .14 cents today, will only be worth 10 cents, and that gallon of gas that is 4.09 will be passing 6.00 or 6.50 a gallon.

 

By Xmas if they put 40Billion, yes with a B, each month into the Economy until we are pacified. which wont happen. this is the finale swindle before the coming crash, Martial Law, and then a new world monetary source, which ofcousre is more worthless than what we have now.

 

 

Lets put it like this.

 

We have one cherry pie for everyone. but what they are doing is just adding air into the cherry pie but telling us we are actually getting a bigger pie, but we are actually getting less filling.

 

In the 70's I could pay a guy a gram per hour to mow my lawn. I can do the same today. That one gram still buys the same amount of labor. How much gas could you swap for bud then and now?

 

This green money retains value. And it grows on the right trees.

 

Legalize it but make the medical community be the only suppliers for the state.

 

The patients and caregivers need a break in their favor. A little more fiat flow our way ..

 

Bottom line, growing is as honorable as panning gold in the hills. Let us harvest and bring to market our harvest, legally.

[Timmahh]

For Every 40 billion a month being printed up and dumped on the market, that means that We Taxpayers will have to pay the Federal Reserve (world bank/rothchilds/bushes/opec) back approximately 48 to 52 billion dollars. That is if our CREDITORS will allow the Fed to further devalue the dollar, thus attempting to eliminate the Debt amount Owed to the Crediting Countries, Nations, Banks, Families.

 

Anyone waking up yet?

 

We will be adding up to 52 billion a month in Debt, just on the QE3...

[+Malamute]

QE doesnt create debt.

 

It increases inflation by devaluation. It actually makes it easier to pay debt because the debt is smaller in value ratio.

[solabeirtan]

From what I understand the're not really putting it into the economy, per se. They are giving it to the banks in the form of buying back their Mortgage Backed Securities [MBS]. While I'm not claiming to be a econowhiz Im pretty sure that means they are backed by Real Property. So they are going to be buying repo'd Houses. Maybe Commercial Property ,...

 

So it seems to be a multi pronged attack on our economic lives. Inflation rages due to the gas prices, they're paying less than 1 % interest on your savings acct. The only way to get a loan is to asume one of their repo houses.

 

Property taxes are on the rise again, even though the property values have not budged and the fact that even if they were there is supposed to be a 2 year lag in their application as that's how long, they said we had to wait to see them go down as our property values tanked back in the Bushit admin. wtf

[peanutbutter]

From what I understand the're not really putting it into the economy, per se. They are giving it to the banks in the form of buying back their Mortgage Backed Securities [MBS]. While I'm not claiming to be a econowhiz Im pretty sure that means they are backed by Real Property. So they are going to be buying repo'd Houses. Maybe Commercial Property ,...

 

So it seems to be a multi pronged attack on our economic lives. Inflation rages due to the gas prices, they're paying less than 1 % interest on your savings acct. The only way to get a loan is to asume one of their repo houses.

 

Property taxes are on the rise again, even though the property values have not budged and the fact that even if they were there is supposed to be a 2 year lag in their application as that's how long, they said we had to wait to see them go down as our property values tanked back in the Bushit admin. wtf

 

Yep .. the money is targeted toward real estate.

 

However .. it's being passed through banks. So friends of bankers get first dibs ..