BOB DOLL: BULLISH ABOUT 2010
14 November 2009 by Cullen Roche
4 Comments
Bob Doll of BlackRock is bullish heading into 2010:
Bob Doll of BlackRock is bullish heading into 2010:
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Wow, what a shocker. A guy whose firm gets paid if other people keep their money with him thinks we ought to keep our money in the market. That’s worked great the last 10 years. I know, we all buy the exactly same inflation stocks: oil, ag, coal, precious metals, you name it.
Seriously. This guy is one of the fools that changed his allocation from 70% stocks to 60% stocks during the financial crisis and lost tons of money for his clients. Guys like this are not even worth listening to. TPC, I appreciate your attempt to provide alternate outlooks, but this crap is useless.
TPC has done a great service by posting these comments by one of the poster children for Wall Street criminology—it is up to the reader to read between the lines. The bottom line today, as it has always been, is that Wall Street criminals use a corrupt media to “talk their books”; the sad part is not that our financial system is the most corrupt in the world; rather, the sad part is that there are so many willing fools out their willing to listen to them. These criminals are paid to use a willing and corrupt media to manipulate markets for their own benefit—the fact that it is destroying our democracy and way of life is of no consequence to them; their own goal is to do and say whatever is necessary to take as much money from hard working Americans as they can. TPC is providing a public service by relaying selected manipulations from these criminals to its readers so that they can see just how far the criminals will go to distort the truth in order to extort as much money from hard working people as possible.
If I were a corrupt Wall Street banker, investment advisor, or one of the many criminal accomplices to Wall Street (e.g. CNBC journalist, etc.,), I would thank god first thing in the morning and again in the evening for being able to produce absolutely nothing for society, yet, be compensated better than most for doing nothing more than talking positive (a.k.a. lying to the public). Come on, all you can say if you are a Wall Street criminal is “god I love this country”—where else can you legally steal from hard working people every day, and even have the government back you up? Could I do it? No, I was born with what some people call morals, thus guaranteeing that I could never work on Wall Street. To be successful on the street (or in government), you have to be a heartless person without any morals and must be able to look a man straight in the eye and tell him you are working for him while your associates are taking everything he owns.
All Dole is doing is what the our apathetic, ignorant Oprah watching populace allows him to do—–lie, cheat and steal from hard working Americans and get highly compensated for it—-most unethical people would jump at the chance to do the same, and there are plenty of criminals in business schools across America waiting in the wings to move into the rank and file of the most corrupt financial system the world has ever known. Yes, they are ready to “take their share” while millions of hard working Americans sweat away in what really amounts to slave labor and then gladly give them their money to “manage” a.k.a “steal” hard working American’s money. The fact is if we did not have a Wall Street, there would be no inflation and no need to “invest” — one would simply “save” there money and invest in real assets. Instead, because of Wall Street, savers are punished and criminals are rewarded. It really is that simple.
Wall Street and the entire U.S. financial system is a massive, Ponzi scheme carefully run and managed by unethical criminals whose measure of success is by how many lives they destroy in the interest of more power. The only thing that would ever stop this criminal Ponzi scheme is for the average investor to stop giving them the money to steal—that will never happen. The market goes up, the market goes down (and is this cycle is carefully managed by the corrupt institutions that run the casino), but the one constant will always be that the system is nothing more than legalized theft — a redistribution of wealth from the producers (the workers that actually produce something) to the takers (all Wall Street types and their corrupt brethren in government). You can analyze the market any way you want, but at the end of the day, the widespread corruption and synergy between the private Wall Street takers and the corrupt, revolving door politicians, all but guarantee that the Ponzi scheme we call the U.S. Stock Market will live and thrive in perpetuity. I believe it was Barnum from the Circus act that once said something like “a fool is born every second”—-Wall Street is fully aware of that fact and uses this as one of their fundamental ideologies for developing their ongoing Ponzi scheme.
For these reasons (among many), it is important that readers who understand the relentless lies spewing out of “the” criminal organizations we call Wall Street nonetheless stay cognizant and actually read the frequent marketing messages (lies) that come from the Wall Street criminals; just because you recognize the crime doesn’t mean the average investor does, and intelligent readers who understand the criminal enterprise of Wall Street realize that betting against these criminals is a fools game and you better appreciate what you are up against. In the end, they have more money and power than you do; more importantly, they have an ignorant, apathetic population and a government made up largely of their criminal associates in a perpetual revolving door —- the regulators come from the criminal Wall Street establishment and their only interest is in improving their own lot. This is how it is and how it has always been all but ensuring the financial terrorism will live on for as long as there is a dollar to trade.
William, so tell us what you do that contributes to society to such a degree?