Investors fleeing the ghost of recession past

  • Article by: WHITNEY KISLING , Bloomberg News
  • Updated: December 24, 2012 - 9:09 PM

Americans stung by the last financial crisis cashed out of stocks, leaving $200 billion in potential gains behind as stocks recovered.

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callmeronDec. 25, 12 7:16 AM

The Federal Reserve has printed trillions of dollars since 2009 for the purpose of inflating the stock market. Within the past two weeks the Fed announced that instead of printing $40 billion per month to inflate stock values, it would start printing $45 billion per month. Taxes are theft. When the government steals corporate earnings through taxation, stock values go down. Don't believe me? Well how much would you pay for a stock if taxes were 100%? The truth of the matter is that Obama is running massive deficits, will not cut spending, and that taxes on "the rich" could rise to 100% and it wouldn't come close to closing Obama's deficits. Taxes are going to do nothing but go up up up and stock values should be going down down down, and would be if not for the Fed's money printing.

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jcinmnDec. 25, 1210:10 AM

Wall Street's performance over the past 80 years makes me wonder whether we should have Wall Street at all. Why not just cut out the middle man and buy stock directly from the companies we want to invest in. Wall Street may have been necessary in 1796, 1896 and even 1996 but with the popularity of the internet why not just go to a company's website and order 20 shares of stock, print out the certificates and save the $2.50 per trade? These brokers are making billions of dollars a year and tanking the economy every 80 years.

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guitarmnDec. 25, 1211:07 AM

No, callmeron, I don't believe you. With all the factors involved in investing my money, the deficits at any given time aren't more than a tiny factor. History, trends, emerging markets for innovation and growth etc., these would take precedence over the day to day 'deficit' mania. Calling them 'Obama's deficits' is beyond simplistic, and just your ideology showing through. You may use this line of thinking to make your investment decisions, but I doubt anyone else would follow your 'investment' advice.

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