Ordinary folks losing faith in stocks

[No Elephants]

Dec 27, 5:17 PM EST

AP IMPACT: Ordinary folks losing faith in stocks


NEW YORK (AP) -- <snip>

Defying decades of investment history, ordinary Americans are selling stocks for a fifth year in a row. The selling has not let up despite unprecedented measures by the Federal Reserve to persuade people to buy and the come-hither allure of a levitating market. Stock prices have doubled from March 2009, their low point during the Great Recession.

It's the first time ordinary folks have sold during a sustained bull market since relevant records were first kept during World War II, an examination by The Associated Press has found. The AP analyzed money flowing into and out of stock funds of all kinds, including relatively new exchange-traded funds, which investors like because of their low fees.

http://hosted.ap.org/dynamic/stories/U/US_INVESTOR_REVOLT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-12-27-17-17-47

I bolded "WWII" because government and its propaganda arm, the media, language in terms of World War II, rather than the Great Depression. ("Things are the worse they've been since World War II." Translation; It hasn't been this bad since the Great Depression.) Later in the story, a historian is quoted directly and he refers honestly and accurately to the Depression. Our governfment and our media, however, cooperate to keep us as clueless as possible.

I think I am going to steal Enthusiast's idea of putting "fuck" into every post about them to reflect my disgust and distate.

So, fuck 'em

[Enthusiast]

1. I know. They work overtime to keep us as clueless as possible.

I believe they use active or possibly Ex U.S. intelligence operatives to coordinate the cluelessness.

We cannot say fuck enough.

My disgust has reached new heights. I avoid the TV lies as best as I can. But still. What can we do but say fuck! I would join an Occupy demonstration if I didn't feel so damned bad.