Why the bear market?
I'll tell you why. Because President Obama's Hopey Changey economic policies are so brilliant that the usual investors have realized that there is no longer any need to invest in the stock market.
How brilliant? Think, like, Star Trek brilliant. Where there is not even a need for currency because everything is taken care of for you...like health care, food, retirement, abortions...you name it.
In short, President Obama's plan obviates the need for personal investment. Which is why investors are bailing from the stock market and causing it to tank. It is a good thing, not a bad thing.
On the other hand, the question is never answered why, in the future, everyone isn't able to have a Starship.
Details, details.
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2 Comments
Ask any Democrat, it is Bush's fault the economy is bad, but when ENRON failed due to "lack of regulation" during the Clinton era that was also Bush's fault.
Well, "investing" is still going on. Problem for Obama is, the investing is going into other things. Like gold and silver coins...and firearms...and ammunition...and Meals-Ready-to-Eat...and survival gear....