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uponit7771

(93,523 posts)
15. Politifact narrowed the definition of "... main street" and didn't mention the Feds committed to buy
Fri May 8, 2020, 12:45 AM
May 2020

... corporate junk bond ETFs meaning ... NO ... corporation can go out of business for lack of being able to borrow funds at low interest rates.

https://www.cnn.com/2020/05/04/investing/fed-junk-bonds-etfs-debt/index.html

That FED commitment fast stopped the index slides downward past 31% because even the worse run companies have money to borrow and didn't have to go out of business now and didn't need to borrow from the PPP ... which they did anyway mind you.

The NASDAQ is even for the year now !!

Get that,

We're about to report Great Depression unemployment and the NASDAQ is even for the year and because of the heavyweight of Facebook, Apple, Amazon, Netflix and Google ("FAANG" stocks) in the other index's IE the reason why the indexes go up on bad broad econ news.

Marc Goldwein is either an idiot or the enemy and should know the FEDs commitment to buy Junk Bond ETFs (which is damn near text book socialism) is what stopped the index slides and now has the DOW going up on bad news


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I fucking HATE Facebook. roamer65 May 2020 #1
Well then, facebook needs to treat the orange anus-mouth's new ad the same way. (nt) scarletwoman May 2020 #2
Precisely. eom sprinkleeninow May 2020 #11
WTF backtoblue May 2020 #3
Never joined FB and never will still_one May 2020 #4
This is horrible! WTF happened to Politifact ?! The claim ".. but not main street" is very broad but uponit7771 May 2020 #5
No surprise since Mark Zuckerberg defended holocaust deniers with the still_one May 2020 #6
I think if they modified the ad st include something about "Only $1,200 for people who are napi21 May 2020 #7
The add is correct, the Feds committed to buying junk bond ETFs and is one of the reason NASDAQ is uponit7771 May 2020 #12
What's "misleading".. "false"?! What did they Ban About anti-Hillary Cha May 2020 #8
Politifact narrowed the definition of "... main street" and didn't mention the Feds committed to buy uponit7771 May 2020 #15
Facebook marked it "Partly False" TomVilmer May 2020 #23
Never done Facebook. Never will. GulfCoast66 May 2020 #9
Agreed DENVERPOPS May 2020 #21
Is it banning, censoring or adding warning advice to it? Those are three different things. meadowlander May 2020 #10
Facebook is run by Trump stooges budkin May 2020 #13
guaranteed FuckBook will squeal FREE SPEECH! when the Russian bots send 10m hit jobs on Biden Celerity May 2020 #14
You should blame Facebook. Maven May 2020 #16
Kick dalton99a May 2020 #17
God, I hate that little creep with a passion. smirkymonkey May 2020 #24
Only one way that's going to happen. Squinch May 2020 #29
Facebook is evil. bamagal62 May 2020 #18
Remember remember the 3rd of November LW1977 May 2020 #19
K&R alwaysinasnit May 2020 #20
I want an alternative to Facebook--the concept isn't complicated renate May 2020 #22
I posted it on Facebook and it is still there? kentuck May 2020 #25
The more they ban it malaise May 2020 #26
It's still up on my FB page - no disclaimer banner. GoneOffShore May 2020 #27
I wonder if the format makes a difference ecstatic May 2020 #31
I think you may have hit on something. GoneOffShore May 2020 #33
And yet they let Cambridge Analytica and Jared mine all your Squinch May 2020 #28
Bulls**t. What statement in the ad is "misleading"? sinkingfeeling May 2020 #30
I'm confused. Just went to TLP page and watched the ad. MoonRiver May 2020 #32
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