Quote Originally Posted by gugi View Post
Huh? You implied that your retirement is contingent on the stock market's response to the government's public announcements.
How should I put it, if you are paid in stock instead of legal tender, you have a serious problem. If you are willingly converting your money into stocks assuming that risk is your own fault and as I pointed out it doesn't take government action for your stock to loose all of its value, government inaction is just as good if not better at it.
I just don't understand the whine when the stock market has been propped to its current level largely by the big government bailouts. Short memory?
I am unaware of any big government bailouts proping up the stock market, can you support this with any facts? I am also unaware of any examples of how government inaction has resulted in a serious decline in the stock market. In fact, I know of few if any cases where government inaction has ever resulted in anything bad. Government action on the other hand almost always either 1) makes things worse or 2) creates more and bigger problems than any it solved.

Your first reply was non-responsive because the question was why the market always falls when President Obama or others in his administration talk about the economy. The implied fact that was not only not in evidence and was actually false was that I owned Lehman Bros. stock. Never have.