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Economy
See other Economy Articles

Title: Treasury Prices Surge As Stocks Sell Off (Investors place money in Govt Socialism and not in private capital)
Source: online.wsj.com
URL Source: http://online.wsj.com/article/BT-CO-20110808-714848.html
Published: Aug 8, 2011
Author: Min Zeng
Post Date: 2011-08-08 16:35:33 by Godwinson
Keywords: None
Views: 3684
Comments: 6

AUGUST 8, 2011, 2:42 P.M. ET

Treasury Prices Surge As Stocks Sell Off; 10-Yr Yield Lowest Since Jan '09

By Min Zeng

Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Investors continued to pile into the Treasury market for safety Monday and the huge buying sent benchmark yields to the lowest level since January 2009.

Buying accelerated in the late-afternoon as U.S. stocks extended a selloff. Shares of U.S. big banks tumbled, led by Bank of America and Citigroup, underscoring heightened anxiety about the global economic outlook.

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#1. To: lucysmom (#0)

Public Sector bonds = Safe and worth the investment.

Private Sector stocks = Unsafe and not worth the investment.

The free market has spoken .

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-08-08   16:40:01 ET  Reply   Trace   Private Reply  


#2. To: Godwinson (#0)

The free market has spoken .

OBAMA: Hey, there's the Free Market. Round it up and bring it over here. I am going to put a world of hurt on it like it's never seen. The vast power of the FEDGOV is going to come down on it. I WILL PREVAIL!!!!

OBAMA to FREE MARKET: YOU ARE GOING TO BE TAXED

You are going to be demonized.

You are going to be regulated

YOU ARE GOING TO BE SQUASHED!!!

FREE MARKET TO OBAMA: **GASP** **GASP** **COUGH** **COUGH**

OBAMA, STATISTS; LEFTISTS; COMMUNISTS; GOODY; VARIOUS AND SUNDRY LEFTIST THUGS IDIOTS AND DRONES:

THE FREE MARKET HAS SPOKEN

Get Outta Dodge!  posted on  2011-08-08   16:50:42 ET  Reply   Trace   Private Reply  


#3. To: Get Outta Dodge! (#2) (Edited)

THE FREE MARKET HAS SPOKEN

Time for govt to drown Wall Street in the bathtub.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-08-08   16:57:03 ET  Reply   Trace   Private Reply  


#4. To: Get Outta Dodge! (#2)

If I were a Communist, I'd just let free market capitalism destroy itself as Marx said it would.

"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly

lucysmom  posted on  2011-08-08   17:41:03 ET  Reply   Trace   Private Reply  


#5. To: lucysmom, Get Outta Dodge! (#4)

if Marx believed in an after life he would be telling us "I told you so" by now.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-08-08   17:42:07 ET  Reply   Trace   Private Reply  


#6. To: Godwinson (#5)

if Marx believed in an after life he would be telling us "I told you so" by now.

No kidding!

"...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly

lucysmom  posted on  2011-08-08   17:57:00 ET  Reply   Trace   Private Reply  


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