VIDEO ON MSN MONEY
"How about America's shrinking savings? America's shrinking paychecks? America's shrinking middle-class?"
You would think that this President "for the people" would be trying to bring manufacturing back to the USA. He talks about it a lot, but there isn't any action. All hot air... And no, it's not a Republican thing, Obama's the President, and after five years of whining, he needs to get off butt and do something...ANYTHING!
"just like vouchers for schools that take away dollars from neighborhood schools "
Is it even fair to even call these companies American as more times than not it seems, Companies are showing more income from overseas than here. We are dealing with Global Companies and in effect at times, Global monopolies. At the very least, massive collusion by the biggest players.
In 2013, 6 out of the top 7 Global Companies in Revenue are Energy Related.
Back in 2002, the Market for derivatives, contracts loosely based on underlying assets, was 5 times that of the Entire Global GDP. That market has grown unchecked and unregulated since.
So as folks rant and rave about the National Debt, folks might consider revisiting the ongoing real reason why the Global FEDS are printing to infinity, the Global Ponzi Scheme which are Derivatives. This is a far bigger issue than the National Debt. This is what will bring down the Global Economies, not the National Debt. China is only getting worse. Japan is only getting worse. I can't believe the Euro-zone is getting better if their unemployment numbers aren't.
Yet in the FACE of all this, the Stock Market sits at Record Highs. Funny what funny money can do, for now.
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[BRIEFING.COM] The major averages finished the session on a lower note as the S&P 500 lost 0.4% while the Nasdaq shed 0.1%. The Russell 2000, which paced the retreat on Tuesday and Wednesday, added 0.2%, trimming its December loss to 3.5%.
After spending the first half of the session in a steady retreat, the S&P 500 found technical support in the 1772 area. Upon reaching that level, the index reversed sharply, and marched back to its flat line. There was no particular catalyst ... More
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