CNBC: Investors are comforted by Big Brother providing a safety net

[Karmadillo]

Remember when Big Brother was considered a bad guy? Finance capitalism changes everything, huh? Just don't ask Big Brother for new schools or action to stop global warming or social justice or democracy or an end to the Forever War. He doesn't like that sort of thing and will send your name to Larry Kudlow for the appropriate punishment.

[fasttense]

1. The nanny markets. Too bad we really don't have the nanny state. n/t

[WCGreen]

2. More trickle down shit...

Whatever happened to living with the consequence of your behavior...

The ruch get richer and the rest of us, well, we're on our own...

[rucky]

3. Trickle-down works

when it's shit that's trickling down.

wealth, on the other hand...

[fed-up]

4. I don't know how many have already been foreclosed on, but they haven't gotten any help....nt

[The Backlash Cometh]

6. They way it was explained is that the government's money infusion

helped a certain kind of high yield, high risk investment, but didn't go far enough to help the middle class with their mortages.

I'll look up the thread.

Update: There's the bond market, which involves the credit borrower with the mortagage, and then there's the stock market, high risk investor. Our government threw a safety net for the latter and didn't help the middle class guy with a mortage.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=103x301683

[Karmadillo]

8. Suffering is good for the little people. It teaches them acceptance of the Natural Order of things.

[The Backlash Cometh]

5. What an excellent observation. The uber rich have a safety net.

[Warpy]

7. Pacified investors shouldn't expect it to last

because they can't cut rates too far and still persuade offshore banks to buy up US national and trade debts.

The dollar is still sliding down. The country has to offer a reasonable interest rate to offset the slide.

The second the market looks at all stable, expect the rate to be raised again.

[CaliforniaPeggy]

9. Of course!

Those who don't need the safety net are the ones getting it!

And those who do?

Tough luck, baby!