Stock MArket Crash 2016 will be GOP MIHOP!!!!

[dutch508]

Another leftist justification for the coming landslide victory over the Democratic Party in 2016:

LiberalElite (6,160 posts) http://www.democraticunderground.com/10026657732

Opinion: Countdown to the stock-market Crash of 2016 is ticking louder


http://www.marketwatch.com/story/countdown-to-the-stock-market-crash-of-2016-is-ticking-louder-2015-05-08?page=1

-snip-

Warning bells just keep getting louder and louder as the countdown to the Crash of 2016 keeps ticking. Wall Street’s in denial, but the Washington Post warns: “U.S. economic growth slows to 0.2 percent, grinding nearly to a halt.” USA Today hears “Bubble Talk” at the Vegas “Davos for Geeks.” Earlier the Wall Street Journal warned, “declining population could reduce global economic growth by 40%.” Then recently the “slow-growth Fed” was blamed.

Wrong, former Fed chief Ben Bernanke counterattacked: “I’m waiting for the Journal to argue for a well-structured program of public infrastructure development, which would support growth in the near term by creating jobs and in the longer term by making our economy more productive.” But for years the Fed “has been pretty much the only game in town as far as economic policy goes.” Today “we should be looking for a better balance between monetary and other growth-promoting policies, including fiscal policy.”

Fiscal policy? No, Ben, not a chance. The GOP controls economic policy. And they will never give “growth-promoting fiscal policy” victories to President Obama and Hillary Clinton before the presidential election of 2016. Never. In spite of Bernanke’s obviously rational solution to the core problems of the American economy, one that would help the American people, the GOP will never, ever agree to fiscal stimulus programs that give the Democrats bragging rights and make Obama and Clinton look good before the elections.

-snip-

The GOP crashed the US economy on purpose.

rjsquirrel (161 posts)
1. Such alarmist nonsense

I feel like I'm listening to Thom Hartmann or Glenn Beck shilling overpriced gold bars.

You fail to note this is opinion piece is by professional huckster Paul B. Farrell, who benefits as much from the chicken little act as Alex Jones. It is entirely non-credible and econometrically ignorant in every argument it makes.

Suckers sell your stocks so smart people can play the short side and sell you gold.

Go long in a S&P index fund and ignore this junk economics.

Why do fearmongers excite so much interest?

fasttense (16,004 posts)
7. You lump Thom Hartmann and quaky doodle Glen Beck in the same group?

That's like lumping God and the devil in the same group.

Or a sane rational person lumped in with stark raving lunatics in the asylum.

Or Mother Theresa lumped in with Hitler.

I could go on but you get the gist.

B Calm (23,406 posts)
3. I never trust Wall Street in an election year.

L0oniX (28,696 posts)
16. There's one person who is not waiting for an election and has been confronting them...

Bernie Sanders!

Bernie Sanders Steps Up Attack on Wall Street

http://blogs.wsj.com/washwire/2015/05/06/bernie-sanders-steps-up-attack-on-wall-street/?mod=WSJ_Election_Blog

Sen. Bernie Sanders, a Vermont Independent and 2016 presidential hopeful, blasted “too big to fail” financial firms Wednesday — offering another sign that attacks on Wall Street aren’t likely to fade in the 2016 election.

His push for stricter curbs on Wall Street echoes calls by former Maryland Gov. Martin O’Malley, a likely Democratic presidential candidate, for dismantling large banks.

The middle class “is still suffering from the tremendous damage huge financial institutions and insurance companies did to them in 2008,” Mr. Sanders said at a press conference with Rep. Brad Sherman (D., Calif.). “No financial institution should be so large” that it can put the economy at risk, he added.

Mr. Sanders and Mr. Sherman introduced a bill entitled the “Too Big To Fail, Too Big To Exist Act,” which would require financial regulators to name – and break up – financial firms whose failure would have catastrophic economic consequences. The line of criticism is nothing new for Mr. Sanders, who has introduced similar bills designed to dismantle big banks since 2009.

more at link

Yep ...the asshole repukes will block any attempts to reign these thieves in.

Bernie is the answer!

[Gina]

Bernie is the answer!

If Bernie is the answer what the hell was the question?

[JohnnyReb]

If Bernie is the answer what the hell was the question?

Do you want to starve to death or be shot?.....It's the "New Stalin Deal"....same as the old deal but with a new Dear Leader.

[SVPete]

What a paranoid fruitcake! There are millions of investors and 10s of thousands of brokers. What kind of conspiracy could possibly - in secret - get such huge numbers of people to take a huge $$ bath, for the sake of getting an R President?!

Just.

Absurd.

Perhaps LE is scared by the ObamaEconomy and is blaming preemptively?

[txradioguy]

Why do fearmongers excite so much interest?

Why don't you ask Sharpton...Jackson or the currant occupants of 1600 Pennsylvania Avenue that question?

[txradioguy]

What a paranoid fruitcake! There are millions of investors and 10s of thousands of brokers. What kind of conspiracy could possibly - in secret - get such huge numbers of people to take a huge $$ bath, for the sake of getting an R President?!

Just.

Absurd.

I wonder if the DUmmies realize just how many millions of dollars these investment firms donate to Dem candidates every election cycle?

How many of these Sanders supporters will be shocked when they find out Bernie is gonna take their money too?

[Carl]

The middle class “is still suffering from the tremendous damage huge financial institutions and insurance companies did to them in 2008,” Mr. Sanders said at a press conference with Rep. Brad Sherman (D., Calif.). “No financial institution should be so large” that it can put the economy at risk, he added.

Yet they expect the federal government to plan and manage the economy down to the last penny in every persons pocket.

[98ZJUSMC]

The GOP controls economic policy.

Oh?  Well, yeah because, maybe crash.   

1994-98 cLiNtON!!1111 Greatest evur!!!!!!!  Democrats best on economy!!!1111!!eLeBinty

    You idiots.  Wal-Mart did more for the 90's Economy than Clinton did. 

Now, to take your supposition to it's end, who controlled economic policy in 2008?

[98ZJUSMC]

Yet they expect the federal government to plan and manage the economy down to the last penny in every persons pocket.

 

“No financial institution should be so large” that it can put the economy at risk, he added.

But, it's OK to strong arm financial institutions into putting the economy at risk with incredible sums of loans no sane financial institution would make otherwise.   



Just keep denying it ever happened.....

...and tell us all about the (D)Marxist controlled former Fannie and Freddie, who Bush tried to sound the alarm on as far back as 2002? 

[98ZJUSMC]

I wonder if the DUmmies realize just how many millions of dollars these investment firms donate to Dem candidates every election cycle?

How many of these Sanders supporters will be shocked when they find out Bernie is gonna take their money too?

They don't click those links.

[thundley4]

I guess the Democrats own the last economic crash. Things weren't half bad under President Bush until Nancy Pelosi and Harry Reid took over congress.

[obumazombie]

All is not lost.
Grayson just started a couple of tax free overseas funds.

[Chris_]

All is not lost.
Grayson just started a couple of tax free overseas funds.

He's about as honest as Madoff.

[diesel driver]

If Bernie is the answer what the hell was the question?

Whatever it was, you can bet it was a damned stupid one...

[BlueStateSaint]

Whatever it was, you can bet it was a damned stupid one...

Probably asked by someone like this . . .

[Mr Mannn]

If Obozo believed that the market would crash in 2016, he would pull the strings needed to make in crash in 2017, right after the GOP won the presidency.

Obama will still be the president in 2016. He won't accept any responsibility for a crash, even though it has his name all over it.

[jukin]

The next economic shock will be bad and last a long time.

1. There has not been a recovery under the economic policies of Obama.
2. You can't go any lower than 0% from the Fed.
3. $10 trillion in new federal debt under Obama.
4. Lowest labor participation rate in history.
5. There are no more economic bullets left in the gun after 6+ years of Obama.

[thundley4]

The next economic shock will be bad and last a long time.

1. There has not been a recovery under the economic policies of Obama.
2. You can't go any lower than 0% from the Fed.
3. $10 trillion in new federal debt under Obama.
4. Lowest labor participation rate in history.
5. There are no more economic bullets left in the gun after 6+ years of Obama.

In fact, democrats are wanting to ease rules on home lending, which was a big factor in causing the current recession.

[Skul]

In fact, democrats are wanting to ease rules on home lending, which was a big factor in causing the current recession.

                   

DUmbass DUmpmonkies conveniently forget that little tidbit. 

 

[jukin]

Could this be why Obama's EPA is going to make electricity rates skyrocket?  Everything, and I mean EVERYTHING, will cost alot more.

Bonus for the middle class. Electricity will be so expensive that there will need to be more government subsidizing and that will be tacked on to the already skyrocketing cost of electricity.

[thundley4]

Could this be why Obama's EPA is going to make electricity rates skyrocket?  Everything, and I mean EVERYTHING, will cost alot more.

Bonus for the middle class. Electricity will be so expensive that there will need to be more government subsidizing and that will be tacked on to the already skyrocketing cost of electricity.

They are talking about shutting down the nuke power plants in Illinois, while at the same time democrats want to spend more on "green energy" here.

The only green that exists is kickbacks and funds going to democrat donors.

[jukin]

They are talking about shutting down the nuke power plants in Illinois, while at the same time democrats want to spend more on "green energy" here.

The only green that exists is kickbacks and funds going to democrat donors.

Shit, I live in Kalifornia. Our gas price si $1.30 more than the average because of polar bears....and taxes but mostly the taxes.

[thundley4]

Shit, I live in Kalifornia. Our gas price si $1.30 more than the average because of polar bears....and taxes but mostly the taxes.

Gas has jumped in the last couple of weeks to $2.55 for regular.