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	Name:	water_watcher -
	Subject:	WW, how do you know?
	Date:	3/6/2013 11:26:36 AM

I knew you would come back and say that ... but even you are smart enough to know that id Bernake money supply policy to artificially keep interest rates low as he increases the federal reserve balance sheet with fake dollars. He can only do that because the US is the reserve currency ... can you imagine what would happen if that status is lost?

The federal reserve is doing what they are doing as a strategy to force people to invest in equities giving them no other alternative in order to create a wealth effect and that will hopefully stimulate the economy.

It is not a bad short term strategy, but the problem is that Obama failed policies are offsetting the good that the rising market is creating.   Can you imagine is Obama actually led what could be accomplished?

Would you rather have a high stock market fueled by federal reserve easy monetary policy or a high stock market fueled by low unemployment and growth in the economy, which results in lower government deficits?

You choose. Because Obama's policies are antibusiness, wants higher taxes and thinks the way you help people out of work is to increase handouts rather than growth the economy and create jobs.

You need to take your head out of the sand and face reality that Obama's policies have failed for 5 years and will continue to fail unless he is willing to work with those that understand how the economy actually works and jobs are created.

I always go back to the point he had free reign his first two years to put in place anything he wanted.   And he did ... and what do we have to show for it ... still 8% unemployment, huge deficits and rising, higher poverty, higher number on government assistantance, etc ... and still rising.   HIS POLICIES DO NOT WORK. If they did the results would be different.