Again the Federal Reserve has decided to keep the stock market propped up with phony fiat money and artificially low interest rates. This, in turn, makes the market go up. And that is a REAL problem!
When the market is based on phony rates and the printing of phony money, it is a house of cards. The minute the Fed decides to stop - and sooner or later they must - the market will tank so badly it will make the recession of 2007 look like a church picnic.
Moreover, it is the liberals - the people who are creating this new "bubble" - who complain the most about income inequality, and how the rich are getting richer while the poor get poorer. Yet it is their own stupidity that creates that situation - or does anyone really think it is POOR people who are pumping money into the markets? Not likely. The rich are getting richer because the Fed is propping up Wall Street in order to try and make Obama look good. So, the rich get richer...thanks to liberals who simply cannot help themselves - they must try to destroy capitalism by whatever method they can, because their socialist agenda cannot survive in a capitalist society.
The short take - eventually, the Fed must back off. When they do, the economy of the United States will tank, perhaps beyond repair. And then the socialists will move in, making promises to all the wailing masses. And in desperation, the masses will succumb to socialism in an attempt to make things better.
They will not get better. Not if socialism takes over.
If you have read the writings of socialist Saul Alinsky, you know that, for liberal progressives, the first step is to destroy capitalism by bankrupting the nation. Look around, people. A 17 trillion dollar debt, unfundable entitlements, phony money being printed, interest rates kept artificially low - this administration has taken every step that Alinsky laid out.
Brace yourselves, folks! It's only a matter of time.
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