I think it is a mistake to find parallels to anything 2008 with this fiscal concern of the USA. There will be increased income post New Year's Eve, there is no sincere analogy there.
If Wall Street freaks out that is not USA's concern. Not at all. If Wall Street freaks out it simply shows their lack of confidence and expertise in their own interests.
The added income post New Year's Eve will allow the USA to pay its bills until a solidly good solution is reached in the competent hands of a new Congress in January. If Wall Street honestly wants to protect from stress in its markets, then it needs to stop spending billions on USA elections to find guarantees to their outcomes. Sincerely. Corporations are not people. Simple.
The 'trend' in the GOP today is the course correction needed to achieve real solutions. Wall Street may be their focus but the USA has OBLIGATIONS to its people and I completely reject the inflammatory speech of the extremists "We are Greece." That is nonsense. By sheer size and economy the USA is not Greece. Greece is far more vulnerable economically than the USA.
The GOP has sincere leadership stating if 98% of the people are protected from tax increases it is abiding by its promises to stop the burden of tax increases on the American people. That reality should be secured today and the Middle Class needs to be released from its bondage as hostages to the wealthy. I am quite sure the Democrats have a bill waiting for passage to protect 98% of the people in the USA. Quite sure. The bill could be passed within days and signed by the President immediately. Such a bill would INSURE the forward movement of the current economic recovery. The lack of such a bill will cause contraction of the economy and it is directly the responsibility of the dysfunctional Republican House.
Wall Street has a problem and consumer confidence has resulted in contrary to profits. The consumer to Wall Street products has become more and more impoverished TO THEIR CONFIDENCE in purchasing power.
November 28, 2012|Mark Hulbert, MarketWatch
...What these statistical results mean: (click here) Consumer confidence tells us more about how the stock market has already performed than it does about the future. But insofar as consumer confidence tells us anything about the future, it’s that stronger readings are more negative than positive for the stock market....
The reason consumer confidence and Wall Street vitality are in opposition is because consumers lose monies in their coffers when Wall Street makes profits. So, these indexes are antagonistic to each other. The less monies consumers have in their coffers the less confident they are. Simple. When that occurs Wall Street seeks to encourage spending anyway and further impoverish their consumers.
CREDIT to consumers approach toxicity while CEOs reap bonuses.
The poverty rate in the USA is at an all time high. That is a direct result of Wall Street impoverishing their own consumers through poverty wages. The relationship between Wall Street and poverty to achieve profits has become so toxic the USA government under Republican policy has sought to gut the power of their own citizens with changes to bankruptcy laws, etc. There is NO MARGIN anymore to the impoverishment of the consumer to benefit profits of Wall Street.
Wall Street needs to imagine what their profits would look like if the impoverished to the USA and potentially the world were actually Middle Class consumers. It gets far more interesting than they could imagine.
Wall Street's loyalty to profits at the rates they have existed in recent years is hideous to their best outcomes. Sooner or later, the impoverished will become more and more impoverished and there will be no markets for Wall Street. If that is the path Wall Street wants that is their choice, but, for ME; "I simply LOVE consumer confidence in relation to local economies." And local economies are far more aware of their consumer vitality. The local consumer economy has DIRECT positive relationships to profits. The better the local consumer does the better the local economies do.
So, to worry about Wall Street's happiness in attempting to purchase elections, encouraging gerrymandering, voter oppression and consumer impoverishment has little loyalty from me. Wall Street lost in 2012. President Obama and the Democrats have four more years to turn the corner on complete national impoverishment with the ruling Plutocrats attempting to play their hand against the Middle Class.
The USA has obligations. I stated OBLIGATIONS. It needs to pay them and it won't happen if there is chronic pandering to Wall Street. Quite the contrary. The more confidence the Middle Class has in USA obligations the better the future looks on all fronts.
Blankfein can go straight to hell along with his buddy that was once Secretary Treasurer.
If Wall Street freaks out that is not USA's concern. Not at all. If Wall Street freaks out it simply shows their lack of confidence and expertise in their own interests.
The added income post New Year's Eve will allow the USA to pay its bills until a solidly good solution is reached in the competent hands of a new Congress in January. If Wall Street honestly wants to protect from stress in its markets, then it needs to stop spending billions on USA elections to find guarantees to their outcomes. Sincerely. Corporations are not people. Simple.
The 'trend' in the GOP today is the course correction needed to achieve real solutions. Wall Street may be their focus but the USA has OBLIGATIONS to its people and I completely reject the inflammatory speech of the extremists "We are Greece." That is nonsense. By sheer size and economy the USA is not Greece. Greece is far more vulnerable economically than the USA.
The GOP has sincere leadership stating if 98% of the people are protected from tax increases it is abiding by its promises to stop the burden of tax increases on the American people. That reality should be secured today and the Middle Class needs to be released from its bondage as hostages to the wealthy. I am quite sure the Democrats have a bill waiting for passage to protect 98% of the people in the USA. Quite sure. The bill could be passed within days and signed by the President immediately. Such a bill would INSURE the forward movement of the current economic recovery. The lack of such a bill will cause contraction of the economy and it is directly the responsibility of the dysfunctional Republican House.
Wall Street has a problem and consumer confidence has resulted in contrary to profits. The consumer to Wall Street products has become more and more impoverished TO THEIR CONFIDENCE in purchasing power.
November 28, 2012|Mark Hulbert, MarketWatch
...What these statistical results mean: (click here) Consumer confidence tells us more about how the stock market has already performed than it does about the future. But insofar as consumer confidence tells us anything about the future, it’s that stronger readings are more negative than positive for the stock market....
The reason consumer confidence and Wall Street vitality are in opposition is because consumers lose monies in their coffers when Wall Street makes profits. So, these indexes are antagonistic to each other. The less monies consumers have in their coffers the less confident they are. Simple. When that occurs Wall Street seeks to encourage spending anyway and further impoverish their consumers.
CREDIT to consumers approach toxicity while CEOs reap bonuses.
The poverty rate in the USA is at an all time high. That is a direct result of Wall Street impoverishing their own consumers through poverty wages. The relationship between Wall Street and poverty to achieve profits has become so toxic the USA government under Republican policy has sought to gut the power of their own citizens with changes to bankruptcy laws, etc. There is NO MARGIN anymore to the impoverishment of the consumer to benefit profits of Wall Street.
Wall Street needs to imagine what their profits would look like if the impoverished to the USA and potentially the world were actually Middle Class consumers. It gets far more interesting than they could imagine.
Wall Street's loyalty to profits at the rates they have existed in recent years is hideous to their best outcomes. Sooner or later, the impoverished will become more and more impoverished and there will be no markets for Wall Street. If that is the path Wall Street wants that is their choice, but, for ME; "I simply LOVE consumer confidence in relation to local economies." And local economies are far more aware of their consumer vitality. The local consumer economy has DIRECT positive relationships to profits. The better the local consumer does the better the local economies do.
So, to worry about Wall Street's happiness in attempting to purchase elections, encouraging gerrymandering, voter oppression and consumer impoverishment has little loyalty from me. Wall Street lost in 2012. President Obama and the Democrats have four more years to turn the corner on complete national impoverishment with the ruling Plutocrats attempting to play their hand against the Middle Class.
The USA has obligations. I stated OBLIGATIONS. It needs to pay them and it won't happen if there is chronic pandering to Wall Street. Quite the contrary. The more confidence the Middle Class has in USA obligations the better the future looks on all fronts.
Blankfein can go straight to hell along with his buddy that was once Secretary Treasurer.
