stock_creeper's  Instablog

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In a new era of globalism, consumerism, paymentism and smartism wealth is created NOT though small business or job creation, but through quantitative easing, financial instruments, large cap companies with global exposure, speculation, and by buying all dips. We're still in the greatest economic boom in human history even if you can't perceive it.  Wealth creation, asset inflation still unstoppable. The bull market that began in March 2009 is intact. 

Contrary to what the welfare liberals would have you believe, a growing middle class and job creation is no longer necessary to have a growing and dynamic economy. As evidenced by companies like Google and Apple, we can have record low labor force participation and blowout profits and earnings quarter after quarter. Pessimism about the economy is OK provided Americans continue to consume, and there's no evidence that high unemployment or low consumer confidence has adversely affected consumption. This is what drives the liberals nuts because they want to see failure of the economy and the stock market as retribution for the supposed wrongdoings of the one percent, and yet the creative class continues to amass limitless wealth while the libs and libertarians on the blogs remain angry, typing rants that go unheard outside of their ideological echo chambers.

I'll concede that mainstreet is lagging in the economic recovery, but they arent so important anymore so I'm not losing sleep (and neither is Wall St.) over ppl falling between the cracks, downward economic mobility, wealth inequality and stuff like that..  Economic policy, like it or not, is designed to make the rich richer and to keep stocks going up. Buy with impunity. In 2012 we'll have pain at the pump to the extreme so buy UGA. Treasuries and stocks will rally together so buy TLT to offset any weakness. Dow 14,000 soon. Economic perpetualism, a new world order of limitless wealth creation (if only for a few), 0% interest rates forever, facebook worth $400 billion (it's still not a bubble), my house going up everyday, and so on. 
Let's spend, spend, spend America and to politicians; please quit the classware.