You don't understand QE3 so don't even pretend and I won't waste my time trying to explain it to you. I disagree with it, its creating another bubble but that's how Keynesian economics work, bubble - burst - repeat.<quoted text>
Give me $85 billion a month in borrowed/printed money from the Fed and I'll make the economy skyrocket.
Interesting to see you rooting for the fatcats on Wall Street, but what about my neighbors Leroy and Shaquanda Jones? They're still out of work.
Why are you cheering for Wall Street fatcats and obscenely wealthy hedge fund managers?
Now don't run away and hide as usual.
I'm rooting for my own portfolio, the Wall Streeters will do what they will do. I'm making money, that's what concerns me.
I have nothing against hedge fund managers except for the way Washington tilts the field in their favor. I don't know what income tax rates you pay but the lowest rate I've paid is around 20% and that's with a lot of finagling. They pay a flat 15% because they fund political campaigns. Do you think its right for you to pay 28% when you're earning $60k a year while they make millions and pay a flat 15%? Capital gains are income and need to be taxed the same rate as earned income.
I don't think income should be taxed at all but I sure as hell don't like getting screwed because I don't contribute to Demopublican re-election campaign funds.
I don't expect you to understand any of that.