The Horrible Stock Market Bubble Yet to Pop and The President

How much longer do we figure President Obama is going to be able to inflate the market to prosperity? And, why do I blame President Obama for the problems? Truth be told he is not the only factor. However, whenever he proposes cuts they just simply not enough to have a down to earth perspective on the budget. When Obama talks cuts, they just simply aren't enough money. He keeps using words to describe the type of knife used when talking about cuts, but we also have to be realistic. I agree not all the proposed cuts by Republicans are ideal. However, Washington needs more give and take. That means for the President to give into the Republicans demands, if only to ensure that we don't end up making zero progress on the debt and deficit, which has been the case. So far it appears Wall Street is eager to play into this bubble, the political bubble of minimal cuts, and unrealistic spending, but can we sustain this inflated bubble indefinately, and do we even want to do such a thing?

USA’s Financial Problems:The Fiscal Cliff and the Debt Ceiling 2012

The people that know money also know why we are having such a rotten day according to the stock market. Most people could care less about that.  Don’t pay attention to the stock market.  It is controlled by insider training.  Yesterday it went down, but that is only temporary because stock traders live to count money and making bubbles is one way they get to count more of it.

However, there is more to this story: The value of the dollar has also plummeted for the same reason.  This is something to be concerned about.  People should definitely care about the devaluation of the dollar because it means that prices are going to go.  Likewise, we haven’t seen any increase in wages, so we should not expect that our employers will compensate us for the ailing dollar.

There are other ways that the USA will struggle.  Each time the debt ceiling is raised, it will cause panic until one day the government creditors stop giving credit.  If nothing is done at this fiscal cliff, the next one will be twice as bad!  Putting of the problem is as the USA may be compared to an alcoholic, spending itself into oblivion.  Every time we put off our troubles, they not only get worse; they multiply.  The next time the USA credit is downgraded, look at yourself as a voter.  If we don't go over the fiscal cliff and fall, this type of cliff only gets bigger and bigger. Better not to dig ourselves further in by raising the debt ceiling.