Bonds Bull Market Has Another 8 Years: Advisor

[jneal3]

Re: Bonds Bull Market Has Another 8 Years: Advisor

http://noir.bloomberg.com/apps/news?...o9bs8kGQ&pos=3

I'll have to hear the commercial again to verify, but I'm pretty sure the phrase 'your principal is 100% guaranteed' was part of the pitch.

None of the great scam-tricks of FIRE will ever die, they'll just be recycled in new ways on new victims, and it's sad but true that no government regulation can stop that.

[Starving Steve]

Re: Bonds Bull Market Has Another 8 Years: Advisor

Zero percent interest rates for eight more years; that is what a bull market in bonds for another eight years sounds like to me. Eight more years of nothing coming in from my bonds and CDs. Eight more years of taking-on great risk to earn much of anything. And eight more years of an economy that shrinks with bird-watchers setting the policy agenda in Washington.

I have a surprise for the Obama bunch: I'm not voting for them ever again! And I am the social-democrat here, the supporter of the Democrat-Farmer-Labour Party in Minnesota, and the card-carrying member of the New Democratic Party in Canada.

"Screw me once, shame on you; screw me twice, shame on me!"

Recollecting: How many times have I been screwed by the Democratic Party in the US? Let's re-call: LBJ and his illegal war in Vietnam; Jimmy Carter and his 55 MPH speed limit; LBJ and his copper-clad quarters of 1965; Jimmy Carter and his 18% inflation; Bill Clinton and his repeal of the Glass-Stiegel Act passed during the New Deal of FDR; Barack Obama and his choice of Bernanke to head the FOMC in Washington; Barack Obama and his choice of Dr. Chu to head the Energy Department; Barack Obama and his bail-outs of the big banks on Wall Street.

Re-call: Nancy Pelosi and the TARP programme, Nancy Pelosi and Barack Obama and "too big to fail", Nancy Pelosi and Barack Obama and "Cash-for-Clunkers", not to mention cash-for-votes. Re-call Jimmy Carter and his love-in with Yasser Arafat and radical Palestinians. Re-call Nancy Pelosi and Barack Obama and their windmills and solar panels as an energy plan, not to mention, the global warming thesis that was falsified and then sold to the public by Al Gore, Greenpeace, the Sierra Club, and Dr. Hansen at NOAA. Let's re-call the last two years of the Obama bunch in Washington and not forget this folly.

This is like a bad dream that never ends! The stock market keeps tumbling. But this fiasco will end because the public is not stupid. Not that the church bunch from the South is much of an improvement, but they were no worse than the Obama bunch. And in two years, we can throw the church bunch out too. Then we could start fresh and get a real liberal programme in Washington, not a joke.