SUCKERS MARKET LURES INVESTORS

My Budget 360 posted this today. It needs to be read by everyone that is jumping for joy about the current upswing in the market. This won't and can't hold. There is nothing, and I mean nothing, that justifies this insane bullishness. Those of us that are out here in the trenches can feel it and see it. Unfortunately, a lot of people, especially the retired, are disconnected from the normal ebb and flow of the economy. This market surge will be used by the powerful to lure the uninformed back in. Then they will siphon the last vestige of private wealth from the system and leave the masses to wallow in hunger, despair and a lifetime of servitude.

"The banks are only walking because of trillions in taxpayer bailouts. The system is completely relying on the taxpayer crutch. How long can this go for? This market volatility with huge unemployment only signifies that this will be a slow recovery. The market is rallying as if this will be a short and quick recovery. I think the rally may go on because we are talking about the same infrastructure that made crappy homes double up in the matter of years so anything is possible. But one thing is certain, if earnings don’t show up and employment doesn’t start picking up we are heading back down and in a fierce way."