Midknight Review -- new and revised: Why the Stock Market is no gauge for the current state of affairs in our national economy.

Personally, and speaking as a layman, I find this Ben Bernanke statement once of the most preposterous statements of the past week:

"I don't think it's all that surprising that the stock market would rise given that there has been increased optimism about the economy and... profit increases have been substantial."

The vast majority of financial analysts know and acknowledge the fact, that the stock market is feeding off the 84 billion dollars Bernanke is printing (its called “Quantitative Easing” so folks will not know what is really going on) each and every month. The “easing” process, dreamed up by the Fed and Bernanke, in response to the recent fiscal crisis beginning with 2007, is the driving force in the stock market’s record run. It is also to blame for record low interest totals that have destroyed the retirement saving futures of countless millions. Your Big Corp, Progressive CEO’s, love what Bernanke is doing. The retirement community is destitute because of Big Corp’s love affair with the Central Bank.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."

Midknight Review -- new and revised

Why the Stock Market is no gauge for the current state of affairs in our national economy.

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