Steve Breen for March 03, 2017

That the stock market can rise so high on flimsy promises is actually scary. But then, Americans have been well trained over the past several decades to operate with lottery and casino mentalities. “A penny saved is a penny earned” is an obsolete adage when many people throw their penny change in the garbage.

The elite one-percenters of the one percent see a big tax cut for them in the near future and you interpret it as general approval and accomplishment. Remind me, where was the DOW when Obama came in and where was it when he left?

Markets can go down too.

herrweh asks, “So how has that helped your wallet?” My stocks and those of all my rich One Percenter friends are skyrocketing. Trump is a success! How is your portfolio doing?

And guess who’s budget is in currently in effect for the American Government?

(Hint, it’s not the orange orangutan’s)

It looks like a “comb over” the eyes of people who think that he tells the truth (and the republicans who know that he doesn’t).

“Democrats tax and spend.”

Republicans cut taxes (for those who would pay the most) and spend even more.

How’s the deficit doing?

This has nothing to do with Trump. Until Trump does something, this is still Obama’s economy.

because Wall Street knows the bar is now open. security has left the building. time to grab as much cash as they can and they will certainly leave a mess behind.

Focus on the stock market over true worth of a company has caused several problems. Companies tend to look at quarterly results only and disregard long term issues. Corporate executives skirt along the edge of insider trading by making announcements timed with their stock options sales.