Re: stock market at 19000
We hear the LIBERALS BITCH that the rich are getting richer and the poor are getting poorer.
This is actually a world wide situation. IN MY VIEW, the reason is the stock market. I for one have a far higher percentage of my money in the stock market compared to TRADITIONAL ADVICE and frankly I've done well. The reason is GOVERNMENT MANIPULATION OF OUR WHOLE ECONOMIC SYSTEM. Long term the rate on a ten year treasury is 2% over the rate of inflation. Thus, our money manipulators-THE FED-are trying to get inflation to 2%.
THUS, a ten year treasury should pay 4%. The yield on a ten year treasury is 1.5% if you buy them IT IS A SURE LOSS. Not only do the ten year treasury pay a poor 1.5% BUT, YOU WILL PAY YOUR FULL INCOME TAX RATE ON THAT 1.5%.
Hillary's tax plan, she wanted you to have to hold a stock for SIX YEARS for it to qualify for LONG TERM GAINS. Though she did not say it I would expect here to go after the fact that stock dividends are taxed at the same rate as long term capital gains-15% max. On bonds you would pay your normal income tax rate.

FOR THE LIBERALS PARROTING THE DEMOCRATIC CHANT TAX THE RICH-BAD NEWS-IF YOU LIVE IN THE VILLAGES YOU ARE THE RICH.