SO IS OLMERT LOSING HIS JOB BECAUSE HE DIDN'T KILL ENOUGH LEBANESE CIVILIANS?
OR BECAUSE HE KILLED TOO MANY. OR HE DIDN'T KILL THE "RIGHT ONES.?"
BASICALLY, OLMERT AND BUSH ARE STILL SUFFERING FROM "SHARON'S DISEASE..."
THIS NOTION THAT "IF ONLY" WE KILL A FEW MORE MUSLIMS...THEN THEY WILL QUIT FIGHTING US ABOUT THE ZIONIST ANNEXATION OF THE WEST BANK...
AND PERHAPS ACCEPT OUR OCCUPATIONS OF IRAQ AND AFGHANISTAN...THE WARS FOR OIL AND OPIUM...AND OF COURSE TO STOP HEAD SHARVES...!
IT AIN'T GONNA HAPPEN FOLKS...! FUGETTABOUTIT!
THE SOLUTION IS FOR ISRAEL TO COME CLEAN ABOUT IT'S INTENTIONS ON THE WEST BANK...
AND TO QUIT LYING TO THE INTERNATIONAL COMMUNITY...
AND ESPECIALLY TO IT'S DIMWITTED GOLEM IN WASHINGTON...AND TO THE STUPID AMERICAN PEOPLE...WHO ARE BEING KEPT IN A STATE OF BENEIGN CONFUSION UNTIL...THE LIKUDNICS TELL US...WHAT THEY THINK THEY "REALLY WANT."
ISRAEL HAS PAINTED ITSELF INTO A CORNER... IT CAN'T COME CLEAN ABOUT THE WEST BANK...BUT IT CAN'T GIVE THE WEST BANK TO THE ARABS EITHER...
AND, SO WE ALL WAIT... AND WAIT... AND WAIT...FOR ISRAEL TO TELL US WHAT TO DO NEXT...
MEANWHILE, THE US GOVERNMENT IS EXPECTED TO MAKE PLANS TO INVADE AND OCCUPY EVEN MORE MUSLIM COUNTRIES...UNTIL THE LIKUDNICS MAKE UP THEIR MINDS...!
Monday, April 30, 2007
US JOB DATA WILL SHOW LOSS OF 64,000 JOBS!
THE US JOBS DATA ON FRIDAY WILL SHOW THE FIRST LOSS OF JOBS IN QUITE SOME TIME...
MOST OF THE JOBS THAT WERE MAINTAINING THE US LABOR MARKET WERE IN THE LOW PAID SERVICE SECTORS...LIKE RESTAURANTS, BARS AND HOTELS...
THERE WAS ALSO A DEPENDANCE ON "PROFESSIONAL SERVICES," IE "TEMPS," WHICH WAS IN DECLINE LAST MONTH FOR THE FIRST MONTH IN MEMORY...
AND RETAIL AND MANUFACTURING HAVE BEEN PUNK FOR A WHILE...
WHAT WILL DRIVE THE US JOBS DATA TO THE NEGATIVE IS A LACK OF HIRING IN TRADITIONAL SUMMER HOSPITALITY BUSINESSES...
WITH $3 GAS NOW A REALITY...
MUCH TOURISM WILL BE LOST OR SERIOUSLY CUT BACK...
THE SUMMER HOSPITALITY INDUSTRY WILL NOT BE HIRING AS MUCH THIS YEAR...
COMBINE THAT WITH THAT SUDDENLY WEAK "PROFESSIONAL SERVICES" AND "RETAILING" NUMBERS...
AND YOU HAVE THE MAKINGS OF A NET DECLINE IN JOBS.
ADDITIONALLY, THE USUAL "POSITIVE GROWTH SECTORS" LIKE GOVERNMENT AND HEALTH CARE AND EDUCATION ARE BEING STRAPPED BY STATE AND LOCAL GOVERNMENTS THAT ARE NEARLY BANKRUPT....AND PLANNING TO LAY OFF WORKERS LATER THIS SUMMER...
SO, A SHOCKINGLY WEAK JOBS NUMBER IS ON OFFER LATER THIS WEEK...
CHANCES ARE THE MARKET WILL SELL OFF...DESPITE THE FALSE HOPE THAT THIS MEANS THE FED WILL LOWER RATES...
THE DOLLAR WILL CONTINUE DOWN...AND OIL BE UP AS A RESULT...
MOST OF THE JOBS THAT WERE MAINTAINING THE US LABOR MARKET WERE IN THE LOW PAID SERVICE SECTORS...LIKE RESTAURANTS, BARS AND HOTELS...
THERE WAS ALSO A DEPENDANCE ON "PROFESSIONAL SERVICES," IE "TEMPS," WHICH WAS IN DECLINE LAST MONTH FOR THE FIRST MONTH IN MEMORY...
AND RETAIL AND MANUFACTURING HAVE BEEN PUNK FOR A WHILE...
WHAT WILL DRIVE THE US JOBS DATA TO THE NEGATIVE IS A LACK OF HIRING IN TRADITIONAL SUMMER HOSPITALITY BUSINESSES...
WITH $3 GAS NOW A REALITY...
MUCH TOURISM WILL BE LOST OR SERIOUSLY CUT BACK...
THE SUMMER HOSPITALITY INDUSTRY WILL NOT BE HIRING AS MUCH THIS YEAR...
COMBINE THAT WITH THAT SUDDENLY WEAK "PROFESSIONAL SERVICES" AND "RETAILING" NUMBERS...
AND YOU HAVE THE MAKINGS OF A NET DECLINE IN JOBS.
ADDITIONALLY, THE USUAL "POSITIVE GROWTH SECTORS" LIKE GOVERNMENT AND HEALTH CARE AND EDUCATION ARE BEING STRAPPED BY STATE AND LOCAL GOVERNMENTS THAT ARE NEARLY BANKRUPT....AND PLANNING TO LAY OFF WORKERS LATER THIS SUMMER...
SO, A SHOCKINGLY WEAK JOBS NUMBER IS ON OFFER LATER THIS WEEK...
CHANCES ARE THE MARKET WILL SELL OFF...DESPITE THE FALSE HOPE THAT THIS MEANS THE FED WILL LOWER RATES...
THE DOLLAR WILL CONTINUE DOWN...AND OIL BE UP AS A RESULT...
MARGIN DEBT SOARS...
TODAY'S WALL STREET JOURNAL HEADLINED THE RUSH TO MARGIN DEBT...
THE PROBLEM WITH MARGIN DEBT IS THAT EVERYONE THINKS THAT "THEY" WILL GET OUT IN TIME...AND OTHER PEOPLE WILL BE LEFT HOLDING THE BAG...
IT'S ESSENTIALLY A PONZI SCHEME....
THIS MARKET IS SETTING UP FOR A FALL OF BIBICAL PROPORTIONS...
BUT NO ONE KNOWS WHAT WILL TRIGGER A REVERSAL OF MOMENTUM...
I WOULD EXPECT A RECORD BREAKING ONE DAY LOSS OF 600 POINTS ON THE DOW AT SOME POINT THIS SUMMER...
AND THAT COULD ONLY BE THE START OF A LONG TERM SECULAR SHIFT AWAY FROM US ASSETS AND THE DOLLAR TO A MORE INTERNATIONALIST STYLE OF INVESTMENT...
THE BIG CASUALTY OF THIS SUMMER OF OUR DISCONTENT AT THE GAS PUMP WILL ALSO BE THE WORN OUT MYTH OF "AMERICAN EXCEPTIONALISM..."
THE PROBLEM WITH MARGIN DEBT IS THAT EVERYONE THINKS THAT "THEY" WILL GET OUT IN TIME...AND OTHER PEOPLE WILL BE LEFT HOLDING THE BAG...
IT'S ESSENTIALLY A PONZI SCHEME....
THIS MARKET IS SETTING UP FOR A FALL OF BIBICAL PROPORTIONS...
BUT NO ONE KNOWS WHAT WILL TRIGGER A REVERSAL OF MOMENTUM...
I WOULD EXPECT A RECORD BREAKING ONE DAY LOSS OF 600 POINTS ON THE DOW AT SOME POINT THIS SUMMER...
AND THAT COULD ONLY BE THE START OF A LONG TERM SECULAR SHIFT AWAY FROM US ASSETS AND THE DOLLAR TO A MORE INTERNATIONALIST STYLE OF INVESTMENT...
THE BIG CASUALTY OF THIS SUMMER OF OUR DISCONTENT AT THE GAS PUMP WILL ALSO BE THE WORN OUT MYTH OF "AMERICAN EXCEPTIONALISM..."
TENET'S SCARIEST COMMENTS...
The 60 Minutes interview with Geo Tenet had some scary stuff about how the Bush administation planned the War in Iraq...
But the scariest thing Tenet said was that Osama & Co had planned a subway attack in the US but called it off because it wasn't "big enough"...and was somehow unworthy of their efforts in the post 911 world of terrorism...!
The implication of this comment was that "Something Big" is being planned....really big.
Perhaps in the nuclear catagory...
Given that Tenet is clearly an insider...
and has the experience to back up his claims...and perhaps some knowledge that we "don't know".... That is pretty scary stuff...
I simply don't know
how the US would survive anything bigger than 911 given the current
moral, political and economic bankruptcy
that the country is facing after 20 years of
Republican looting. Consider:
"By 2003, the intelligence tells you that Zawahiri has called off an attack against the New York City subway system, in favor of something larger. What is that larger thing?" Tenet says.
"One clue, Tenet says, is that bin Laden has been trying to get his hands on nuclear material, since 1993. "Are these people gonna have a nuclear capability? This confers superpower status on a networked organization that is not a state. Is it gonna happen?"
IS IT JUST THE BOOK DEAL TALKIN...?
But the scariest thing Tenet said was that Osama & Co had planned a subway attack in the US but called it off because it wasn't "big enough"...and was somehow unworthy of their efforts in the post 911 world of terrorism...!
The implication of this comment was that "Something Big" is being planned....really big.
Perhaps in the nuclear catagory...
Given that Tenet is clearly an insider...
and has the experience to back up his claims...and perhaps some knowledge that we "don't know".... That is pretty scary stuff...
I simply don't know
how the US would survive anything bigger than 911 given the current
moral, political and economic bankruptcy
that the country is facing after 20 years of
Republican looting. Consider:
"By 2003, the intelligence tells you that Zawahiri has called off an attack against the New York City subway system, in favor of something larger. What is that larger thing?" Tenet says.
"One clue, Tenet says, is that bin Laden has been trying to get his hands on nuclear material, since 1993. "Are these people gonna have a nuclear capability? This confers superpower status on a networked organization that is not a state. Is it gonna happen?"
IS IT JUST THE BOOK DEAL TALKIN...?
Sunday, April 29, 2007
COME ON...GET HAPPY! DOW WILL SOAR!!
THE STREETS RALLY WILL CONTINUE TO GROW THIS WEEK...
THE DOW COULD GAIN 100 POINTS PER DAY...AND APPROACH THE 14,000 MARK...
AIN'T NO STOPPIN' THE FED'S HYPERINFLATION NOW...
AS TO A "CORRECTION" IN THE AVERAGES TO REFLECT OVER-BOUGHT CONDITIONS ....OR "REALITY....?"
NO. WE'RE WAY BEYOND THAT NOW...
THIS IS A STRAIGHT UP HYPERINFLATION OF ASSET VALUES.... AND A CONTINUING PLUNGE IN THE DOLLAR...
THE MANIACS HAVE TAKEN OVER THE ASYLUM AT THE FED...AND WASHINGTON SIMPLY WILL NOT TOLERATE ANY UNPLEASANTNESS FROM WALL STREET...
THE DOW COULD GAIN 100 POINTS PER DAY...AND APPROACH THE 14,000 MARK...
AIN'T NO STOPPIN' THE FED'S HYPERINFLATION NOW...
AS TO A "CORRECTION" IN THE AVERAGES TO REFLECT OVER-BOUGHT CONDITIONS ....OR "REALITY....?"
NO. WE'RE WAY BEYOND THAT NOW...
THIS IS A STRAIGHT UP HYPERINFLATION OF ASSET VALUES.... AND A CONTINUING PLUNGE IN THE DOLLAR...
THE MANIACS HAVE TAKEN OVER THE ASYLUM AT THE FED...AND WASHINGTON SIMPLY WILL NOT TOLERATE ANY UNPLEASANTNESS FROM WALL STREET...
IS TURKEY BECOMING UNSTABLE...?
THANKS TO BUSH AND THE NEOCONS THE ISLAMISTS ARE ON THE MARCH ALL OVER THE MIDDLE EAST...
BUSH IS THE BEST THING THAT EVER HAPPEN TO OSAMA...
BUSH IS THE BEST THING THAT EVER HAPPEN TO OSAMA...
THREE DOLLAR GAS WILL KILL SUMMER TOURISM!
HERE COMES SUMMER...AND YOU CAN'T AFFORD TO GO ANYWHERE...!
GAS AT $3 PER GALLON WILL KILL THE TOURIST SEASON THIS YEAR...BEFORE IT EVEN GETS STARTED...
MAYBE RICH EUROLANDERS AND ASIANS WILL COME OVER AND LOOK AT AMERICA'S EMPTY STORE FRONTS...AND CLOSED FACTORIES!
AND PERHAPS FOR A FEW DOLLARS THE JESUS FREAKS WILL SING AND DANCE FOR THEM...?
NOTE TO EUROPEANS AND ASIANS COMING TO AMERICA:
BRING LOTS OF BEADS AND TRINKETS...! WE LOVE BRIGHT SHINEY THINGS...!
GAS AT $3 PER GALLON WILL KILL THE TOURIST SEASON THIS YEAR...BEFORE IT EVEN GETS STARTED...
MAYBE RICH EUROLANDERS AND ASIANS WILL COME OVER AND LOOK AT AMERICA'S EMPTY STORE FRONTS...AND CLOSED FACTORIES!
AND PERHAPS FOR A FEW DOLLARS THE JESUS FREAKS WILL SING AND DANCE FOR THEM...?
NOTE TO EUROPEANS AND ASIANS COMING TO AMERICA:
BRING LOTS OF BEADS AND TRINKETS...! WE LOVE BRIGHT SHINEY THINGS...!
TENET TOUTS TORTURE!
GEO. TENET SEEMS TO BE BUCKING FOR A "STATES WITNESS" ROLE IN THE COMING WAR CRIMES TRIALS AGAINST BUSH/CHENEY AND THE NEOCONS...!
WHEN THE TIME COMES TO START ROUNDING UP THE WAR CRIMINALS, WHO ARE THE PRINCIPAL "ARCHITECTS" OF THIS DISASTEROUS "OPTIONAL" WAR...I WOULD GO DEEP INTO THE NEOCON RATS NEST...AND PULL THEM ALL OUT FOR TRIAL!
AND THEIR MEDIA SYCHOPANTS, FELLOW TRAVELERS AND RUNNING DOGS SHOULD BE CHARGED AS WELL...
BECAUSE WITHOUT MEDIA HELP THIS DEADLY WAR COULD NEVER HAVE HAPPEN...
I WOULD SURELY INCLUDE THE LIKES OF....
GEORGE WILL....AND THAT WORST OF ALL NEOCONS, BILL KRISTOL, ON THE LIST OF KEY "ENABLERS" OF THESE HORRIBLE WAR CRIMES...
ALTHOUGH GEORGE WILL SHOULD BE ALLOWED TO RECANT HIS PRIOR SUPPORT ON THE GROUNDS OF DIMINISHED MENTAL CAPACITY...WHICH IS ON DISPLAY IN HIS COLUMN ON A WEEKLY BASIS...
WHEN THE TIME COMES TO START ROUNDING UP THE WAR CRIMINALS, WHO ARE THE PRINCIPAL "ARCHITECTS" OF THIS DISASTEROUS "OPTIONAL" WAR...I WOULD GO DEEP INTO THE NEOCON RATS NEST...AND PULL THEM ALL OUT FOR TRIAL!
AND THEIR MEDIA SYCHOPANTS, FELLOW TRAVELERS AND RUNNING DOGS SHOULD BE CHARGED AS WELL...
BECAUSE WITHOUT MEDIA HELP THIS DEADLY WAR COULD NEVER HAVE HAPPEN...
I WOULD SURELY INCLUDE THE LIKES OF....
GEORGE WILL....AND THAT WORST OF ALL NEOCONS, BILL KRISTOL, ON THE LIST OF KEY "ENABLERS" OF THESE HORRIBLE WAR CRIMES...
ALTHOUGH GEORGE WILL SHOULD BE ALLOWED TO RECANT HIS PRIOR SUPPORT ON THE GROUNDS OF DIMINISHED MENTAL CAPACITY...WHICH IS ON DISPLAY IN HIS COLUMN ON A WEEKLY BASIS...
MALIKI HOPELESSLY OUT OF TOUCH WITH REALITY
IN ANY CONFERENCE ABOUT THE FUTURE OF IRAQ...IRAN WILL MAKE ABSOLUTELY NO CONCESSIONS TO THE BUSH/NEOCON AGENDA...
WHY SHOULD THEY...? BUSH & CO SEEM TO BE PLAYING FOR "PITY DIPLOMACY" FROM IRAN NOW THAT THE SHIA ARE IN THE CATBIRD SEAT IN THE MIDDLE EAST...!
BUT I DON'T THINK SO...
PITY IS SIMPLY NOT A BARGAINING CHIP IN HARD BALL GEOPOLITICS!
AND THE WAR CRIMINALS IN WASHINGTON SHOULD KNOW THIS VERY WELL!
WHY SHOULD THEY...? BUSH & CO SEEM TO BE PLAYING FOR "PITY DIPLOMACY" FROM IRAN NOW THAT THE SHIA ARE IN THE CATBIRD SEAT IN THE MIDDLE EAST...!
BUT I DON'T THINK SO...
PITY IS SIMPLY NOT A BARGAINING CHIP IN HARD BALL GEOPOLITICS!
AND THE WAR CRIMINALS IN WASHINGTON SHOULD KNOW THIS VERY WELL!
BULLS EAT OUT!!
WITH LITERALITY TRILLIONS OF DOLLARS IN MARKET CAP...RIDING ON HOW MANY BAR AND RESTURANT JOBS THE US ECONOMY CREATED LAST MONTH...
MY ADVISE TO THE MARKET BULLS IS....EAT OUT QUICK!!
MY ADVISE TO THE MARKET BULLS IS....EAT OUT QUICK!!
Saturday, April 28, 2007
BANDAR BOLTS BUSH FAMILY...
My hunch is that it's too late for the House of Saud to turn this thing around... There could be BIG trouble in Saudi Arabia soon.
These terror cells are like mice... If you see and kill one... there are twenty that you missed SOMEWHERE in the woodwork...
These terror cells are like mice... If you see and kill one... there are twenty that you missed SOMEWHERE in the woodwork...
PAIN AT THE PUMP...
IT'S HIGHLY UNLIKELY THAT ANYONE IS PAYING LESS THAN $3 FOR GAS IN THE US NOW...
BECAUSE THE WEAK DOLLAR IS BOOSTING GAS PRICES EVERYDAY!!
SO WHERE'S BERNANKE...?
HOW MUCH ARE WE PAYING THIS GUY...?
BECAUSE THE WEAK DOLLAR IS BOOSTING GAS PRICES EVERYDAY!!
SO WHERE'S BERNANKE...?
HOW MUCH ARE WE PAYING THIS GUY...?
THE CURRENT INSANITY ON WALL STREET WILL PRODUCE THE BIGGEST CRASH IN HISTORY...THIS YEAR!!
JUST THOUGHT YOU'D WANT TO KNOW.
THIS THING IS GOING TO END...THIS YEAR...AND END VERY VERY BADDLY.
THIS THING IS GOING TO END...THIS YEAR...AND END VERY VERY BADDLY.
WITHER THE ROVIAN THOUSAND YEAR REICH!
WHAT EVER HAPPEN TO THE "INTER-GENERATIONAL SHIFT" TO A DYNASTIC REPUBLICAN PARTY...?
APPARENTLY IT GOT FLUSHED DOWN THE SAME TOILET AS THE DOLLAR...
AND THE STOCK MARKET WON'T BE FAR BEHIND...
THE MAIN PROBLEM FOR REPUBLICANS IS THAT JESUS DIDN'T SHOW UP WITH HIS BAG OF MIRICLES...!
APPARENTLY IT GOT FLUSHED DOWN THE SAME TOILET AS THE DOLLAR...
AND THE STOCK MARKET WON'T BE FAR BEHIND...
THE MAIN PROBLEM FOR REPUBLICANS IS THAT JESUS DIDN'T SHOW UP WITH HIS BAG OF MIRICLES...!
NINE MORE DIE BECAUSE OF BUSH'S MADNESS
Having US troops "mix and mingle" in Baghdad neighborhoods with angry Iraqis...is a death sentence for the soldiers...
But alas, THIS is the sum and substance of the touted Bush "surge" strategy...!
The Iraqs don't want the Americans in their neighborhoods...expect when they are killing the other people they don't want in their neighborhoods...
Iraq and Baghdad must now be "ethnically cleansed"....of all Sunnis...so it can be handed over to our enemies in Iran!
Just as NATO ethnically cleansed Kosovo of all Serbs so Kosovo could be handed over to the radical Islamists in Albania!
Do you get the impression that we are have a little trouble with our: "Strategery?"
When you go to war to hand valuable property to your arch emenies...something is not right...
As a Saudi official once said...THE US DOESN'T KNOW WHO IT'S REAL FRIENDS ARE!!
HINT: THEY ARE NOT IN ISRAEL...!
ISRAEL HAS PERSISTENTLY DRAGGED THE US INTO THE WORST POSSIBLE SITUATIONS...
TO THE POINT WHERE I THINK IT'S VERY UNLIKELY THAT ISRAEL WILL SURVIVE THE 21st CENTURY...
AND NO, IT WON'T BE NASTY ARABS WHO DESTROY ISRAEL...
BUT RATHER THE TOTAL LACK OF STRATEGIC THINKING ON THE PART OF THE WEST...
But alas, THIS is the sum and substance of the touted Bush "surge" strategy...!
The Iraqs don't want the Americans in their neighborhoods...expect when they are killing the other people they don't want in their neighborhoods...
Iraq and Baghdad must now be "ethnically cleansed"....of all Sunnis...so it can be handed over to our enemies in Iran!
Just as NATO ethnically cleansed Kosovo of all Serbs so Kosovo could be handed over to the radical Islamists in Albania!
Do you get the impression that we are have a little trouble with our: "Strategery?"
When you go to war to hand valuable property to your arch emenies...something is not right...
As a Saudi official once said...THE US DOESN'T KNOW WHO IT'S REAL FRIENDS ARE!!
HINT: THEY ARE NOT IN ISRAEL...!
ISRAEL HAS PERSISTENTLY DRAGGED THE US INTO THE WORST POSSIBLE SITUATIONS...
TO THE POINT WHERE I THINK IT'S VERY UNLIKELY THAT ISRAEL WILL SURVIVE THE 21st CENTURY...
AND NO, IT WON'T BE NASTY ARABS WHO DESTROY ISRAEL...
BUT RATHER THE TOTAL LACK OF STRATEGIC THINKING ON THE PART OF THE WEST...
BUSH'S IRAQ NEWS BLACKOUT...?
GOOD LUCK ON THAT ONE...
THE WHITE HOUSE IS GRASPING AT STRAWS IF THEY THINK THAT WILL FLY...
BUT LOOK AT IT THIS WAY...THE MEDIA WILL HAVE MORE TIME TO INTERVIEW CONGRESSMAN MURTHA...! LoL
THE WHITE HOUSE IS GRASPING AT STRAWS IF THEY THINK THAT WILL FLY...
BUT LOOK AT IT THIS WAY...THE MEDIA WILL HAVE MORE TIME TO INTERVIEW CONGRESSMAN MURTHA...! LoL
WELCOME FOREIGN BLOGGERS...FOLLOW THE DOLLAR DECLINE HERE.
It seems that Americans aren't that interested in macroeconomics...
This blog gets a large number of it's viewers from outside of the US.
But events are starting to unfold that could be of great historic importance.
The Dollar Devaluation is slowly becoming "unofficial policy" in Washington and on Wall Street.
We shall see if the FED goes along... Will the FED let the dollar fall as Wall Street is hoping...?
For a while perhaps...But sooner or later the FED will have to start rising interest rates simply to protect the dollar and stop the coming stagflation.
The average American is clueless about what this all means. The American mainstream media does not discuss macroeconomics...rather they look for scapegoats and excuses to justify the Wall Street Bubble Economy that the US has come to rely on.
China and India are getting a lot of the blame recently.
But the average American knows that gasoline is going up everytime they fill their gas tank. Even the less intelligent Americans know that something is going on...and it's not good...
I've put a few dollar links in the side bar for quick reference.
And every aspect of the dollar's devaluation will be explored here quickly...as events unfold...
This is The Place to follow the coming: Historic Dollar Devaluation... Stay tuned.
This blog gets a large number of it's viewers from outside of the US.
But events are starting to unfold that could be of great historic importance.
The Dollar Devaluation is slowly becoming "unofficial policy" in Washington and on Wall Street.
We shall see if the FED goes along... Will the FED let the dollar fall as Wall Street is hoping...?
For a while perhaps...But sooner or later the FED will have to start rising interest rates simply to protect the dollar and stop the coming stagflation.
The average American is clueless about what this all means. The American mainstream media does not discuss macroeconomics...rather they look for scapegoats and excuses to justify the Wall Street Bubble Economy that the US has come to rely on.
China and India are getting a lot of the blame recently.
But the average American knows that gasoline is going up everytime they fill their gas tank. Even the less intelligent Americans know that something is going on...and it's not good...
I've put a few dollar links in the side bar for quick reference.
And every aspect of the dollar's devaluation will be explored here quickly...as events unfold...
This is The Place to follow the coming: Historic Dollar Devaluation... Stay tuned.
SOMETHING HAPPEN...BRETTON WOODS IS DEAD
Something happen last week that will be written up in the history books... And no, it wasn't the record Dow 13,000....that is only a symptom of what happen...
Last Week it became recieved wisdom that the Dollar would have to fall...and fall hard... Everyone was talking about it...not just the Cassandras and Perma-Gloomsters.
This is like admitting that the "cancer has metastsized" and nothing can be done about it.
True, you can buy stocks that "benefit from" a weaker dollar...but that's like choosing a hospice for your cancer victim...
THE STRONG DOLLAR POLICY WAS ABANDON BY WASHINGTON AND WALL STREET ON FRIDAY.
AND THAT IS A MAJOR MACROECONOMIC EVENT...BECAUSE IT TAKES US ON AN ENTIRELY DIFFERENT PATH.
A PATH INTO THE STRANGE NEW WORLD OF THIRD WORLD DEVALUATIONS...
IF BRETTON WOODS WAS LEFT FOR DEAD IN 1971...
ON FRIDAY...IF FINALLY DIED!
Last Week it became recieved wisdom that the Dollar would have to fall...and fall hard... Everyone was talking about it...not just the Cassandras and Perma-Gloomsters.
This is like admitting that the "cancer has metastsized" and nothing can be done about it.
True, you can buy stocks that "benefit from" a weaker dollar...but that's like choosing a hospice for your cancer victim...
THE STRONG DOLLAR POLICY WAS ABANDON BY WASHINGTON AND WALL STREET ON FRIDAY.
AND THAT IS A MAJOR MACROECONOMIC EVENT...BECAUSE IT TAKES US ON AN ENTIRELY DIFFERENT PATH.
A PATH INTO THE STRANGE NEW WORLD OF THIRD WORLD DEVALUATIONS...
IF BRETTON WOODS WAS LEFT FOR DEAD IN 1971...
ON FRIDAY...IF FINALLY DIED!
Friday, April 27, 2007
MOTHER OF ALL SUCKER FLUSHES LOOMS
Everyone "knew" that the suckers would be flushed at the end of the customary 1st quarter (401k) Rally...
And that may have been the problem...to many "smart" people were shorting the sucker rally...
(But Hey, if you can't short a "sucker rally" what can you short!)
The market masters had other plans...
With that many people going short...the market could not go down until the shorts were flushed out of the market too...
Hence the Mother of All Short Covering Rallys we have going now...even in the face of dismal news and economic data...! Of course that's the kind of data that the shorts thought they could take advantage of...but there where just too damn many people doing that game plan...!
This rally has been so powerfull that massive short covering is the only thing that can explain it... My hunch is that many hedge funds were caught again...on the wrong side of a bad bet that seemed "clever".....perhaps too clever by half!
You'd have to assume that the world had taken leave of it's senses to find any other explanation for the rally we have just seen...
I suspect the real sucker flush will kick in shortly after the new quarter starts...
Sell in May?...you bet!
This year more than ever...
And that may have been the problem...to many "smart" people were shorting the sucker rally...
(But Hey, if you can't short a "sucker rally" what can you short!)
The market masters had other plans...
With that many people going short...the market could not go down until the shorts were flushed out of the market too...
Hence the Mother of All Short Covering Rallys we have going now...even in the face of dismal news and economic data...! Of course that's the kind of data that the shorts thought they could take advantage of...but there where just too damn many people doing that game plan...!
This rally has been so powerfull that massive short covering is the only thing that can explain it... My hunch is that many hedge funds were caught again...on the wrong side of a bad bet that seemed "clever".....perhaps too clever by half!
You'd have to assume that the world had taken leave of it's senses to find any other explanation for the rally we have just seen...
I suspect the real sucker flush will kick in shortly after the new quarter starts...
Sell in May?...you bet!
This year more than ever...
WE ARE AT SOME KIND OF ELEGANT INFLEXION POINT...
When you throw a ball into the air...there is a point where the ball stops going up...but is not yet going down...
That might be called an inflexion point where something fundamental changed...uppness became downess...only not yet...
In effect the ball is stopped for a nanosecond in a perfect equilibrium of forces...
That's sort of where Wall Street is now... Everything is very very high...like that ball...but anyone with any sense knows that the upward momentum has stopped...and the downside is starting to kick in...
Just as the Dow is at an all time high...so too the macro economic risks are at their strongest now...
The Dollar is becoming Totally Biblical in its decline...! If marco economics mattered...the headlines would be six inches tall!!
Call it an inflexion point...Call it a paradigm shift...Say the FED blow it...or Shit Happens...
WE ARE THERE....!
That might be called an inflexion point where something fundamental changed...uppness became downess...only not yet...
In effect the ball is stopped for a nanosecond in a perfect equilibrium of forces...
That's sort of where Wall Street is now... Everything is very very high...like that ball...but anyone with any sense knows that the upward momentum has stopped...and the downside is starting to kick in...
Just as the Dow is at an all time high...so too the macro economic risks are at their strongest now...
The Dollar is becoming Totally Biblical in its decline...! If marco economics mattered...the headlines would be six inches tall!!
Call it an inflexion point...Call it a paradigm shift...Say the FED blow it...or Shit Happens...
WE ARE THERE....!
EDWARDS WON THE DEBATE...
Hillary is still the dishwater bland candidate that everyone loves to hate or hates
to love... We ain't goin there so forgetaboutit... Hillary will be out after the first primaries are held...
Basically Obama will steal Hillary's place...and Obama could have the magic to go all the way
...if the public is sick
and tired enough of business as usual in Washington...and I think they are
If you assume that this is not a revolutionary year...then Edwards is the front runner...
Gov Richardson would be a fantastic vice president...and would help hugely
in the conservative
Western states...
The Democrats seem to have a lock on the Presidency for the next few terms...
and their field
of candidates is deep and attractive...
Especially compared to the Republicans with Rudy, the divorced abortion supporter, and The Newt, the Nutcase...or Captain "Magic Underpants" from gay lovin Boston! But the Republicans only need a "victim" in 2008 to fill the spot at the top...not a serious Presidential prospect...
So any one of the above will do...
to love... We ain't goin there so forgetaboutit... Hillary will be out after the first primaries are held...
Basically Obama will steal Hillary's place...and Obama could have the magic to go all the way
...if the public is sick
and tired enough of business as usual in Washington...and I think they are
If you assume that this is not a revolutionary year...then Edwards is the front runner...
Gov Richardson would be a fantastic vice president...and would help hugely
in the conservative
Western states...
The Democrats seem to have a lock on the Presidency for the next few terms...
and their field
of candidates is deep and attractive...
Especially compared to the Republicans with Rudy, the divorced abortion supporter, and The Newt, the Nutcase...or Captain "Magic Underpants" from gay lovin Boston! But the Republicans only need a "victim" in 2008 to fill the spot at the top...not a serious Presidential prospect...
So any one of the above will do...
DOW SOARS ON WEAK ECONOMY AND HIGH INFLATION
Can you say: "Insanity?"
It has been abundantly clear that Wall Street is operating in it's own little delusional world for sometime now...
When you run the world "as if" only the rich and the speculative classes matter...eventually unpleasantness ensues...
Wall Street has been seriously delusional for many years...
And the US media has been the enabler of these delusions by distracting and confusing the ignorant American public about the real consequences of current policies...
For example this bizarre notion that the "average" person can retire off of his or her "stock market winnings" in a 401k?
It's nonsense...and future history books will call it just that!
It has been nonsense from the beginnings of large scale public speculation in the 1720's...that ended with the collapse of the South Seas and Mississippi Bubbles.
History will declare that Americans were suffering from some kind of "mass hyteria" in the last quarter of the 20th Century...which ended badly in the early years of the 21st Century...
It has been abundantly clear that Wall Street is operating in it's own little delusional world for sometime now...
When you run the world "as if" only the rich and the speculative classes matter...eventually unpleasantness ensues...
Wall Street has been seriously delusional for many years...
And the US media has been the enabler of these delusions by distracting and confusing the ignorant American public about the real consequences of current policies...
For example this bizarre notion that the "average" person can retire off of his or her "stock market winnings" in a 401k?
It's nonsense...and future history books will call it just that!
It has been nonsense from the beginnings of large scale public speculation in the 1720's...that ended with the collapse of the South Seas and Mississippi Bubbles.
History will declare that Americans were suffering from some kind of "mass hyteria" in the last quarter of the 20th Century...which ended badly in the early years of the 21st Century...
BERNANKE'S PERFECT STORM!
A slowing economy and a declining currency... The Perfect Storm for the FED!
Do you lower rates to save the economy...but thereby trash the dollar even more...?
And will the thusly trashed dollar boost oil prices..and cause even more inflation...which will slow the economy further?
Or do you raise rates to save the dollar...stop inflation...and trash the Golden Age on Wall Street...?
My hunch is that the FED will have to raise rates...despite it's historic role as the "tool" of Wall Street...
It may take a bit more unpleasantness...but the FED will see the light sooner or later... Yes, the screams from Wall Street and Main Street will be shrill!
But this is an exact replay of the 1971 debacle... People have short memories... there are "history" books available for the enlightenment of the young and inexperienced...
Do you lower rates to save the economy...but thereby trash the dollar even more...?
And will the thusly trashed dollar boost oil prices..and cause even more inflation...which will slow the economy further?
Or do you raise rates to save the dollar...stop inflation...and trash the Golden Age on Wall Street...?
My hunch is that the FED will have to raise rates...despite it's historic role as the "tool" of Wall Street...
It may take a bit more unpleasantness...but the FED will see the light sooner or later... Yes, the screams from Wall Street and Main Street will be shrill!
But this is an exact replay of the 1971 debacle... People have short memories... there are "history" books available for the enlightenment of the young and inexperienced...
OSAMA TARGETING SAUDI OIL INFRASTRUCTURE...
The large scale arrests in Saudi Arbia today are evidence of something brewing in that unhappy kingdom that could trash global markets this year...
If Osama & Co start targeting Saudi oil facilities and their transfer infrastructure...$100 oil could happen overnight...
Where there is smoke there is usually fire...and this notion of the Saudi oil infrastructure burning from a terrorist attack is something that strategic thinkers need to consider... That could be the "next big thing" that faces western interests...since Osama seems to be concentrating his efforts in the middle east now...and not attacking the west directly...
And wasn't the House of Saud and Araby's Holy Sites Osama's main interest all along...?
If Osama & Co start targeting Saudi oil facilities and their transfer infrastructure...$100 oil could happen overnight...
Where there is smoke there is usually fire...and this notion of the Saudi oil infrastructure burning from a terrorist attack is something that strategic thinkers need to consider... That could be the "next big thing" that faces western interests...since Osama seems to be concentrating his efforts in the middle east now...and not attacking the west directly...
And wasn't the House of Saud and Araby's Holy Sites Osama's main interest all along...?
DOLLAR PLUNGE CONTINUES...138 ON EURO LOOMS!
The speed of the dollar's decline is truly amazing... It's effecting everyone from the American worker to the large central banks...
Alas, if American workers could only demand to be paid in Euros...their bills would seem a lot cheaper!
I blame the FED for this result... And the FED's kow-towing to the speculative elements on Wall Street... We could be seeing a rerun of "That 70's Show" a lot sooner than many touts and media pundits think...
Alas, if American workers could only demand to be paid in Euros...their bills would seem a lot cheaper!
I blame the FED for this result... And the FED's kow-towing to the speculative elements on Wall Street... We could be seeing a rerun of "That 70's Show" a lot sooner than many touts and media pundits think...
US ECONOMY A BACKWATER FOR INTERNATIONAL CAPITAL
Is the US economy relevant to the performance of US multinational corporations...?
Apparently not! Profits and margins are soaring...even as the US economy slinks toward near recessionary levels of growth and productivity...
THE US DOMESTIC ECONOMY IS NOT RELEVANT TO MULTINATIONALS!
The Non US global economy is far more important to the outcomes that large corporations are seeking than the US consumer...
India and China are finally having the desired effect from globalism and free trade... They have freed International Capital from it's slavish dependance on the American Economy and the American Consumer.
International capital now has an "audience" that is outside the US and the US economy.
The dollar can continue to fall...as any other nation's currency would fall....AMERICAN EXCEPTIONALISM SOMEHOW DIED IN THE MOST RECENT QUARTER OF CORPORATE EARNINGS....
My sense is that Wall Street has become addicted to the weak dollar...and would like to see it weaken further...
And the American Consumer is going to have a rude awakening at the gas pump...and at the mall when the consequences of the weaker dollar really start to bite...!
THE AMERICAN ECONOMY IS A SIDESHOW FOR MULTINATIONAL NOW...
DEAL WITH IT...
Apparently not! Profits and margins are soaring...even as the US economy slinks toward near recessionary levels of growth and productivity...
THE US DOMESTIC ECONOMY IS NOT RELEVANT TO MULTINATIONALS!
The Non US global economy is far more important to the outcomes that large corporations are seeking than the US consumer...
India and China are finally having the desired effect from globalism and free trade... They have freed International Capital from it's slavish dependance on the American Economy and the American Consumer.
International capital now has an "audience" that is outside the US and the US economy.
The dollar can continue to fall...as any other nation's currency would fall....AMERICAN EXCEPTIONALISM SOMEHOW DIED IN THE MOST RECENT QUARTER OF CORPORATE EARNINGS....
My sense is that Wall Street has become addicted to the weak dollar...and would like to see it weaken further...
And the American Consumer is going to have a rude awakening at the gas pump...and at the mall when the consequences of the weaker dollar really start to bite...!
THE AMERICAN ECONOMY IS A SIDESHOW FOR MULTINATIONAL NOW...
DEAL WITH IT...
Thursday, April 26, 2007
DEMOCRATS "GAMING" THE WAR MAY BACKFIRE.
This passing of Bills that are doomed to be vetoed may not be amusing to the general electorate...
The Democrats have yet to offer a "what then" scenario...to compete with the "Chaos Ensues" scenario that the Republicans are proposing for any withdrawal...
It is surely likely that the Sunnis will be driven from Baghdad...and Iran will feel like it has a friendly neighbor in Shia Iraq...
It's possible that the "Bush Mistake" has no good solution...! And that the Democrats will be held responsible for it...!
The Democrats have yet to offer a "what then" scenario...to compete with the "Chaos Ensues" scenario that the Republicans are proposing for any withdrawal...
It is surely likely that the Sunnis will be driven from Baghdad...and Iran will feel like it has a friendly neighbor in Shia Iraq...
It's possible that the "Bush Mistake" has no good solution...! And that the Democrats will be held responsible for it...!
WALPURGIS DAY THIS MONDAY...
MONDAY MAY NOT BE GOOD FOR STOCKS...
Witchcraft...? No...end of quarter...
Witchcraft...? No...end of quarter...
BEST OF ALL POSSIBLE WORLD'S LOOMS...!
THIS RALLY IS NO WHERE NEAR DONE...EVEN SHORT TERM... THE GOOD NEWS JUST KEEPS ON COMING...
THERE MAY BE A PROBLEM OF "EXPECTATIONS" FOR NEXT QUARTER...WITH ALL THE HAPPY TALK THIS QUARTER...
CLEARLY "BEATING EXPECTATIONS" IS KEY... ANY CEO WHO DOES NOT "MANAGE" HIS "EXPECATIONS REQUIREMENT" DESERVES TO BE FIRED...
AFTER ALL, YOU DON'T ACTUALLY HAVE TO DO ANYTHING!!
JUST "BEAT" THE EXPECTATIONS THAT YOU YOURSELF GAVE THE WALL STREET ANALYSTS AT THE BEGINNING OF THE QUARTER...!
EACH CEO IS THE JUDGE OF HIS COMPANIES EXPECTATIONS... AND ONLY A SLOPPY ADMINISTRATOR WOULD LET EXPECTATIONS GET TO LEVELS WHERE THEY CAN'T BE EASILY BEAT... AND EVEN "EXCEEDED"...WHICH IS GOOD FOR AT LEAST A 10% TO 20% STOCK PRICE BOOST...
REMEMBER, THIS WAS "THE GAME" BACK DURING THE DOT COM BUBBLE TOO...LEST WE FORGET... REMEMBER WHEN EVERYONE...EXCEPT THE HONEST ONES...ALWAYS "BEAT BY A PENNY"
UNLESS YOU WERE A INTERNET HOTTIE LIKE CISCO...THEY ALWAYS BEAT BY TWO PENNIES... AND THEIR STOCK WOULD SOAR...!
THERE MAY BE A PROBLEM OF "EXPECTATIONS" FOR NEXT QUARTER...WITH ALL THE HAPPY TALK THIS QUARTER...
CLEARLY "BEATING EXPECTATIONS" IS KEY... ANY CEO WHO DOES NOT "MANAGE" HIS "EXPECATIONS REQUIREMENT" DESERVES TO BE FIRED...
AFTER ALL, YOU DON'T ACTUALLY HAVE TO DO ANYTHING!!
JUST "BEAT" THE EXPECTATIONS THAT YOU YOURSELF GAVE THE WALL STREET ANALYSTS AT THE BEGINNING OF THE QUARTER...!
EACH CEO IS THE JUDGE OF HIS COMPANIES EXPECTATIONS... AND ONLY A SLOPPY ADMINISTRATOR WOULD LET EXPECTATIONS GET TO LEVELS WHERE THEY CAN'T BE EASILY BEAT... AND EVEN "EXCEEDED"...WHICH IS GOOD FOR AT LEAST A 10% TO 20% STOCK PRICE BOOST...
REMEMBER, THIS WAS "THE GAME" BACK DURING THE DOT COM BUBBLE TOO...LEST WE FORGET... REMEMBER WHEN EVERYONE...EXCEPT THE HONEST ONES...ALWAYS "BEAT BY A PENNY"
UNLESS YOU WERE A INTERNET HOTTIE LIKE CISCO...THEY ALWAYS BEAT BY TWO PENNIES... AND THEIR STOCK WOULD SOAR...!
FED WILL LOWER RATES AT NEXT MEETING...
THAT'S MY PREDICTION AND I'M STICKING WITH IT...
MY HUNCH IS THAT THE CONSUMER IS GOING TO BE SO WEAK IN COMING MONTHS THAT THE FED WILL FEEL COMPELLED TO LOWER RATES...
DESPITE THE DAMAGE THAT WILL DO TO THE DOLLAR... CURIOUSLY THE WEAKNESS IN THE CONSUMER WILL BE CAUSED BY GAS PRICES, WHICH IN TURN IS CAUSED BY THE WEAK DOLLAR, WHICH IN TURN IS CAUSED BY THE FED'S NON-COMPETITIVE RATE ENVIRONMENT VIS-A-VIS OTHER CURRENCIES.
BUT WALL STREET WILL BE CALMORING FOR A WEAKER DOLLAR NEVERTHELESS...NOW THAT THE DOW MULTI-NATIONALS HAVE FOUND THEIR FOOTING, AND ARE AT RECORD HIGHS...BECAUSE OF...NOT DESPITE THE WEAK DOLLAR...!
RATE HIKES BY FOREIGN CENTRAL BANKS WILL ALSO WEAKEN THE DOLLAR RELATIVELY...
BUT THE HUGE SUMMER RALLY IN STOCKS MAY MITIGATE AGAINST THE WEAK DOLLAR, AS MORE OVERSEAS TRADERS SEEK TO JUMP INTO THE RALLY WITH NEWLY BOUGHT DOLLARS....
MY HUNCH IS THAT THE CONSUMER IS GOING TO BE SO WEAK IN COMING MONTHS THAT THE FED WILL FEEL COMPELLED TO LOWER RATES...
DESPITE THE DAMAGE THAT WILL DO TO THE DOLLAR... CURIOUSLY THE WEAKNESS IN THE CONSUMER WILL BE CAUSED BY GAS PRICES, WHICH IN TURN IS CAUSED BY THE WEAK DOLLAR, WHICH IN TURN IS CAUSED BY THE FED'S NON-COMPETITIVE RATE ENVIRONMENT VIS-A-VIS OTHER CURRENCIES.
BUT WALL STREET WILL BE CALMORING FOR A WEAKER DOLLAR NEVERTHELESS...NOW THAT THE DOW MULTI-NATIONALS HAVE FOUND THEIR FOOTING, AND ARE AT RECORD HIGHS...BECAUSE OF...NOT DESPITE THE WEAK DOLLAR...!
RATE HIKES BY FOREIGN CENTRAL BANKS WILL ALSO WEAKEN THE DOLLAR RELATIVELY...
BUT THE HUGE SUMMER RALLY IN STOCKS MAY MITIGATE AGAINST THE WEAK DOLLAR, AS MORE OVERSEAS TRADERS SEEK TO JUMP INTO THE RALLY WITH NEWLY BOUGHT DOLLARS....
IPOD REACHING SATURATION POINT...
Is it possible for Apple to sell more I-Pods that there are people on the planet...?
Sooner or later the I-Pod Fad will crest...and sales of I-Pods will plunge.
Put another way...we're reaching the point where every "bed head" who want's an I-Pod has got one...
And "bed heads" these days seem to be everyone under 60...who still has hair...
(I think "bed head" should be reserved for people in Nursing Homes...where there is a good reason for looking dazed and confused.)
And remember, these I-Podian "bed heads" are supposedly "early adapters" who are not afraid of the shock of the new....and by now I-Pods aren't exactly new...or news.
The real problem is will Apple be able to handle the shock of the old...?
At some point thenext 10 million I-Pods will have to be sold to people from Mars!.....
Hmmmm...maybe I'll buy one then too...? Nah.... I've got enough distractions without sticking "buds" in my ears....to hear "songs." Besides I think everyone should just turn off the satellite radio, the cable news and the computer and be required to have an hour of total silence at least once a day...
So the problem for Apple will be when all those who want an I-Pod already have one...
And I am doubly sceptical about electronic equipment that is more "fashion statement"...than "killer app...."
OK! OK! We've seen your I-Pod, and your $100 "bed head"...now Grow Up...!
Sooner or later the I-Pod Fad will crest...and sales of I-Pods will plunge.
Put another way...we're reaching the point where every "bed head" who want's an I-Pod has got one...
And "bed heads" these days seem to be everyone under 60...who still has hair...
(I think "bed head" should be reserved for people in Nursing Homes...where there is a good reason for looking dazed and confused.)
And remember, these I-Podian "bed heads" are supposedly "early adapters" who are not afraid of the shock of the new....and by now I-Pods aren't exactly new...or news.
The real problem is will Apple be able to handle the shock of the old...?
At some point thenext 10 million I-Pods will have to be sold to people from Mars!.....
Hmmmm...maybe I'll buy one then too...? Nah.... I've got enough distractions without sticking "buds" in my ears....to hear "songs." Besides I think everyone should just turn off the satellite radio, the cable news and the computer and be required to have an hour of total silence at least once a day...
So the problem for Apple will be when all those who want an I-Pod already have one...
And I am doubly sceptical about electronic equipment that is more "fashion statement"...than "killer app...."
OK! OK! We've seen your I-Pod, and your $100 "bed head"...now Grow Up...!
GET HAPPY. STAY HAPPY.
Nice distribution day... With an equally nice gold bash...
But it's going to take a whole lot more suckers to hold this thing up all summer... We could have a serious sucker shortage soon...
Because once the Corporate Queens are done...it's nothing but gloom and doom for the consumer sector until next reporting season...
And this time the Corporate Queens have got high numbers to match...
Plus a lot of happy talk from the Spring Rally to 13,000...
And remember, we are supposed to be in a "slowing economy"...that's why the FED is so eager to cut rates at the next FED meeting...
So the lowered expectations of this quarter now ended will not be available to run up the averages...
It may be time for the CFO's to start talking Wall Street down ...so it will be
easier to "beat expectation"...
But it's going to take a whole lot more suckers to hold this thing up all summer... We could have a serious sucker shortage soon...
Because once the Corporate Queens are done...it's nothing but gloom and doom for the consumer sector until next reporting season...
And this time the Corporate Queens have got high numbers to match...
Plus a lot of happy talk from the Spring Rally to 13,000...
And remember, we are supposed to be in a "slowing economy"...that's why the FED is so eager to cut rates at the next FED meeting...
So the lowered expectations of this quarter now ended will not be available to run up the averages...
It may be time for the CFO's to start talking Wall Street down ...so it will be
easier to "beat expectation"...
DOLLAR TAKES A POUNDING...
BUT AFTER REACHING A 26 YEAR LOW AGAINST THE UK POUND...TODAY IS A DAY OF REST AND PROFIT TAKING...
A LITTLE GOLD BASHING TODAY ALSO HELPED...
STILL THE WAR AND THE DEFICITS AND THE "BUBBLES AND ASSET INFLATION" ECONOMY AND THE INCOMPETENCE AND LOOTING BY WALL STREET WILL COME TO THE FOREGROUND AGAIN...PERHAPS EVEN BEFORE THIS TRADING DAY IS OVER...
A LITTLE GOLD BASHING TODAY ALSO HELPED...
STILL THE WAR AND THE DEFICITS AND THE "BUBBLES AND ASSET INFLATION" ECONOMY AND THE INCOMPETENCE AND LOOTING BY WALL STREET WILL COME TO THE FOREGROUND AGAIN...PERHAPS EVEN BEFORE THIS TRADING DAY IS OVER...
STOCK RALLY WILL CONTINUE...NICE GOLD BASHING TODAY.
THIS IS A MARKET THAT CAN'T GO DOWN...
SORT OF LIKE IN 1999...
A NICE BIT OF GOLD BASHING GOING ON TODAY...TO HELP THE SPECULATION IN PAPER KEEP GOING... ESSENTIALLY, A DISTRIBUTION MARKET THAT WILL STAY HIGH UNTIL ALL THE SHORTS HAVE COVERED...
WHO WOULD ACTUALLY BUY IN AT THIS ABSURD AND OBVIOUS TOP...?
THE MACROS STINK TO HIGH HEAVEN...BUT THE RALLY HAS BEEN SO INTENSE...THAT LIKE ANTI-WAR PROTESTS...MACROS ARE BACK PAGE NEWS...
YOU CAN LEARN A LOT BY IGORNING THE HEADLINES AND READING ONLY THE "B" SECTION OF OUR DEGENERATE PRINT MEDIA...
SORT OF LIKE IN 1999...
A NICE BIT OF GOLD BASHING GOING ON TODAY...TO HELP THE SPECULATION IN PAPER KEEP GOING... ESSENTIALLY, A DISTRIBUTION MARKET THAT WILL STAY HIGH UNTIL ALL THE SHORTS HAVE COVERED...
WHO WOULD ACTUALLY BUY IN AT THIS ABSURD AND OBVIOUS TOP...?
THE MACROS STINK TO HIGH HEAVEN...BUT THE RALLY HAS BEEN SO INTENSE...THAT LIKE ANTI-WAR PROTESTS...MACROS ARE BACK PAGE NEWS...
YOU CAN LEARN A LOT BY IGORNING THE HEADLINES AND READING ONLY THE "B" SECTION OF OUR DEGENERATE PRINT MEDIA...
HOW SAFE IS THE FOOD SUPPLY....
I DON'T LIKE THESE CONTINUING "PET FOOD" SCARES...
THIS COULD BE A SIGN THAT THE HUMAN FOOD SUPPLY IS ALSO IN DANGER...
SOMETHING IS GOING ON THAT LOOKS A BIT FISHY...
THIS COULD BE A SIGN THAT THE HUMAN FOOD SUPPLY IS ALSO IN DANGER...
SOMETHING IS GOING ON THAT LOOKS A BIT FISHY...
Wednesday, April 25, 2007
OUR SLOW GROWTH BOOM...
To follow the spin on Wall Street takes some getting used to...
The current Drivel du Jour goes something like this:
The Economy is slowing and profits are going to be challenged...so the FED may cut rates again...thus weakening the dollar even more.
Because of the weak dollar the big multinational stocks...like those in the Dow...will prosper, because they are not tied to the US economy...and do much of their business overseas where the American Peso makes their products cheaper...
Of course, if we want an American Peso...maybe we should make gold and oil priced in Euro...not Dollars...
Anyway...stocks soar because rates are going to be cut...and the weak dollar will help the big exporters....
I think this is all best called: "Catch 22..."
We'll see...
The current Drivel du Jour goes something like this:
The Economy is slowing and profits are going to be challenged...so the FED may cut rates again...thus weakening the dollar even more.
Because of the weak dollar the big multinational stocks...like those in the Dow...will prosper, because they are not tied to the US economy...and do much of their business overseas where the American Peso makes their products cheaper...
Of course, if we want an American Peso...maybe we should make gold and oil priced in Euro...not Dollars...
Anyway...stocks soar because rates are going to be cut...and the weak dollar will help the big exporters....
I think this is all best called: "Catch 22..."
We'll see...
HELLO WORLD! TIME TO GET HAPPY AGAIN...
WALL STREET RE-OPENS FOR YOUR SPECULATING PLEASURE IN A FEW HOURS!
WHERE EVEYONE'S A WINNER!
ALL GUARANTEED BY THE FEDERAL RESERVE. AND THE FULL FAITH AND (LOTS OF) CREDIT OF THE US TREASURY!
IT'S ALL "SOUND AS THE DOLLAR!"
HONEST! WOULD I LIE ABOUT THAT...?
WHERE EVEYONE'S A WINNER!
ALL GUARANTEED BY THE FEDERAL RESERVE. AND THE FULL FAITH AND (LOTS OF) CREDIT OF THE US TREASURY!
IT'S ALL "SOUND AS THE DOLLAR!"
HONEST! WOULD I LIE ABOUT THAT...?
BILL MOYERS: AMERICA'S ONLY PUBLIC INTELLECTUAL
SINCE MCCARTHYISM...AMERICA HAS BEEN WITHOUT PUBLIC INTELLECTUALS...
THERE HAVE BEEN SOME PITIFUL ATTEMPTS TO PASS OFF FAKE INTELLECTUALS, LIKE TOM FRIEDMAN OR DAVID BROOKS AT THE TIMES,... BUT, THEY ARE TRULY PATHETIC...AND ALMOST UNREADABLE FROM THE STAND POINT OF "TRUTH TELLING."
PAUL KRUGMAN IS THE ONLY PERSON, OTHER THAN MOYERS, WHO IS ALLOWED BY THE ESTABLISHMENT TO TELL THE WHOLE TRUTH TO THE AMERICAN PUBLIC...
BUT EVEN THESE TWO HAVE TO KEEP THEIR MOUTHS SHUT ABOUT THE INFLUENCE OF THE ISRAEL LOBBY IN US FOREIGN POLICY...
THERE IS MS DOWD WHO'SE CRITIQUES ARE BARBED AND FEMINIST IN ORIENTATION...
AND THEN THERE ARE THE CABLE TV "FUNNY MEN" WHO BY PLAYING THE SHAKESPEAREAN FOOL... GET AWAY WITH MORE THAN SOME OTHERS MIGHT...
BILL MOYERS IS A NATIONAL TREASURE...AT A TIME WHEN THE US IS VERY NEAR INTELLECTUAL BANKRUPTCY... HE COULD BECOME THE SPOKESPERSON FOR THE COMING PROGRESSIVE ERA...
THERE HAVE BEEN SOME PITIFUL ATTEMPTS TO PASS OFF FAKE INTELLECTUALS, LIKE TOM FRIEDMAN OR DAVID BROOKS AT THE TIMES,... BUT, THEY ARE TRULY PATHETIC...AND ALMOST UNREADABLE FROM THE STAND POINT OF "TRUTH TELLING."
PAUL KRUGMAN IS THE ONLY PERSON, OTHER THAN MOYERS, WHO IS ALLOWED BY THE ESTABLISHMENT TO TELL THE WHOLE TRUTH TO THE AMERICAN PUBLIC...
BUT EVEN THESE TWO HAVE TO KEEP THEIR MOUTHS SHUT ABOUT THE INFLUENCE OF THE ISRAEL LOBBY IN US FOREIGN POLICY...
THERE IS MS DOWD WHO'SE CRITIQUES ARE BARBED AND FEMINIST IN ORIENTATION...
AND THEN THERE ARE THE CABLE TV "FUNNY MEN" WHO BY PLAYING THE SHAKESPEAREAN FOOL... GET AWAY WITH MORE THAN SOME OTHERS MIGHT...
BILL MOYERS IS A NATIONAL TREASURE...AT A TIME WHEN THE US IS VERY NEAR INTELLECTUAL BANKRUPTCY... HE COULD BECOME THE SPOKESPERSON FOR THE COMING PROGRESSIVE ERA...
RUDY IS OSAMA'S DREAM CANDIDATE...!
LIKE MOST REPUBLICANS...RUDY IS OSAMA'S DREAM CANDIDATE...
RIGHT NOW OSAMA HAS THE AMERICANS EXACTLY WHERE HE WANTS THEM...DAZED CONFUSED AND VERY POORLY LEAD.
IF OSAMA COULD CONTRIBUTE TO RUDY'S CANDIDACY I HAVE NO DOUBT HE WOULD!
BECAUSE ANY TRUE "AMERICA HATER" WOULD LOVE TO SEE REPUBLICAN NEOCONS RETAIN POWER IN WASHINGTON... JUST LOOK AT THE MESS WE ARE IN WITH REPUBLICAN INCOMPETENT GOVERNMENT!
THE RADICAL ISLAMISTS HAVE BEEN DOING SO WELL UNDER REPUBLICANS...?
THEY MIGHT BE MAKING BACKDOOR CONTRIBUTIONS TO THE REPUBLICANS!
ESSENTIALLY, OSAMA SEES THE US AS THE SLAVISH TOOL OF THE ZIONIST LOBBY IN WASHINGTON...AND HE'S PROBABLY RIGHT ON THAT.
OSAMA SEES THE US AS THE OLD BYZANTINE EMPIRE OF THE 7TH CENTURY...BANKRUPTED AND CORRUPTED TO THE CORE...AND HE'S PROBABLY ALSO RIGHT
ESPECIALLY NOW...AFTER REPUBLICANS HAVE BEEN LOOTING FOR SIX YEARS...!
OSAMA DEFEATED THE SOVIET EMPIRE WITH THE HELP OF THE US...
NOW HE SUPPORTS REPUBLICAN INCOMPETENCE SO HE CAN DEFEAT HIS NEXT EMPIRE: NAMELY THE US IMPERIAL PRESIDENCY OF BUSH AND HIS NEOCONS...
THE THING THAT REALLY DRIVES ME NUTS...AND SHOULD YOU...IS THAT IF YOU REALLY HATED AMERICA...YOU'D WANT A REPUBLICAN LIKE RUDY IN OFFICE!!
SO IF DEMOCRATS LOSE...AMERICAN LOSES....
IF DEMOCRATS WIN...AT LEAST WE HAVE A CHANCE FOR AN END RUN AROUND OSAMA...AND HIS UNWITTING AND WITLESS "TOOLS" IN THE REPUBLICAN PARTY...
RIGHT NOW OSAMA HAS THE AMERICANS EXACTLY WHERE HE WANTS THEM...DAZED CONFUSED AND VERY POORLY LEAD.
IF OSAMA COULD CONTRIBUTE TO RUDY'S CANDIDACY I HAVE NO DOUBT HE WOULD!
BECAUSE ANY TRUE "AMERICA HATER" WOULD LOVE TO SEE REPUBLICAN NEOCONS RETAIN POWER IN WASHINGTON... JUST LOOK AT THE MESS WE ARE IN WITH REPUBLICAN INCOMPETENT GOVERNMENT!
THE RADICAL ISLAMISTS HAVE BEEN DOING SO WELL UNDER REPUBLICANS...?
THEY MIGHT BE MAKING BACKDOOR CONTRIBUTIONS TO THE REPUBLICANS!
ESSENTIALLY, OSAMA SEES THE US AS THE SLAVISH TOOL OF THE ZIONIST LOBBY IN WASHINGTON...AND HE'S PROBABLY RIGHT ON THAT.
OSAMA SEES THE US AS THE OLD BYZANTINE EMPIRE OF THE 7TH CENTURY...BANKRUPTED AND CORRUPTED TO THE CORE...AND HE'S PROBABLY ALSO RIGHT
ESPECIALLY NOW...AFTER REPUBLICANS HAVE BEEN LOOTING FOR SIX YEARS...!
OSAMA DEFEATED THE SOVIET EMPIRE WITH THE HELP OF THE US...
NOW HE SUPPORTS REPUBLICAN INCOMPETENCE SO HE CAN DEFEAT HIS NEXT EMPIRE: NAMELY THE US IMPERIAL PRESIDENCY OF BUSH AND HIS NEOCONS...
THE THING THAT REALLY DRIVES ME NUTS...AND SHOULD YOU...IS THAT IF YOU REALLY HATED AMERICA...YOU'D WANT A REPUBLICAN LIKE RUDY IN OFFICE!!
SO IF DEMOCRATS LOSE...AMERICAN LOSES....
IF DEMOCRATS WIN...AT LEAST WE HAVE A CHANCE FOR AN END RUN AROUND OSAMA...AND HIS UNWITTING AND WITLESS "TOOLS" IN THE REPUBLICAN PARTY...
ARE THE SHORTS FINISHED....?
BEWARE THE LACK OF SHORTS IN THIS MARKET...
IT'S THE CLASSIC DOWN DRAFT SCENARIO... PERHAPS, THE APPLE HYPE WILL GOOSE THE MARKETS TOMORROW...
BUT SOON A LOT OF PEOPLE ARE NOT GOING TO DRINK THE KOOL-AID...!
IF THE SHORTS ARE DONE COVERING THIS COULD GET INTERESTING...
IT'S THE CLASSIC DOWN DRAFT SCENARIO... PERHAPS, THE APPLE HYPE WILL GOOSE THE MARKETS TOMORROW...
BUT SOON A LOT OF PEOPLE ARE NOT GOING TO DRINK THE KOOL-AID...!
IF THE SHORTS ARE DONE COVERING THIS COULD GET INTERESTING...
THE STREET PICKS UP MY GRIPE ON THE DOLLAR
CONGRATS... SOMEONE HAD TO MENTION IT...
"Are stocks going up or is the measuring stick going down?" asks Jeffrey Saut, chief investment strategist at Raymond James. The Dollar Index has lost over 33% since its peak in January 2002, he writes, while the Dow has rallied about 30% in the same period.
I DON'T LIKE APPLE...
I DON'T LIKE APPLE... I DON'T TRUST APPLE... I DON'T OWN AN I-POD AND I DON'T WANT ONE... I THINK IT'S ALL A FAD... I DON'T OWN A CURRENT APPLE COMPUTER...BUT I MIGHT HAVE AN OLD ONE AROUND HERE SOMEPLACE...
SORRY I'M NOT BUYING THE STORY LINE... CALL IT "FREE SPEECH..."
SORRY I'M NOT BUYING THE STORY LINE... CALL IT "FREE SPEECH..."
OIL SOARS!! USE YOUR STOCK WINNINGS TO BUY GAS!!
THE BAD NEWS...$4 GAS WILL BE COMING TO A GAS PUMP NEAR YOU SOON...
THE GOOD NEWS...YOU CAN USE YOUR STOCK MARKET WINNINGS TO PAY FOR THE GAS!!
TAKE A ROAD TRIP ON YOUR STOCK WINNINGS....!!
OR JUST GO SHOPPING TODAY...
AND SEE IF YOU CAN SPEND ALL YOUR "WINNINGS"
....BEFORE THE MR. MARKET PACKS YOUR BROKERAGE ACCOUNT WITH EVEN MORE MONEY....TOMORROW MORNING...!!
WE ARE TRULY LIVING IN AN AGE OF MIRACLES...!!
JESUS WANTS YOU TO BUY STOCKS....!!
THE GOOD NEWS...YOU CAN USE YOUR STOCK MARKET WINNINGS TO PAY FOR THE GAS!!
TAKE A ROAD TRIP ON YOUR STOCK WINNINGS....!!
OR JUST GO SHOPPING TODAY...
AND SEE IF YOU CAN SPEND ALL YOUR "WINNINGS"
....BEFORE THE MR. MARKET PACKS YOUR BROKERAGE ACCOUNT WITH EVEN MORE MONEY....TOMORROW MORNING...!!
WE ARE TRULY LIVING IN AN AGE OF MIRACLES...!!
JESUS WANTS YOU TO BUY STOCKS....!!
RALLY ON SHORT COVERING WILL CONTINUE...
IT'S THE PERFECT STORM!
SHORT COVERING... RATE CUTS HOPES... CORPORATE BULLSHITING... CURRENCY COLLAPSE...
WOE UNTO THE BOND HOLDING SUCKERS...!!
SHORT COVERING... RATE CUTS HOPES... CORPORATE BULLSHITING... CURRENCY COLLAPSE...
WOE UNTO THE BOND HOLDING SUCKERS...!!
FED RATE CUT PREDICTED...!!
DOW WILL HIT 14,000 BY THE END OF MAY!!
BERNANKE WILL CUT RATES!!
DOLLAR PLUNGE WILL ACCELERATE!!
OIL WILL HIT $90....BEFORE THE 4TH OF JULY!!
YEAH BABY! IT DOESN'T GET ANY BETTER THAN THIS!!
BERNANKE WILL CUT RATES!!
DOLLAR PLUNGE WILL ACCELERATE!!
OIL WILL HIT $90....BEFORE THE 4TH OF JULY!!
YEAH BABY! IT DOESN'T GET ANY BETTER THAN THIS!!
IT'S ALL GOOD! DOW SOARS!!
DOW 18,000 BY THE END OF THIS YEAR...? DON'T LAUGH...
THIS IS A MARKET THAT CAN GO STRAIGHT UP FOR A LONG LONG TIME...
AS THE DOLLAR PLUNGES...THE DOW CAN RISE ON THE THEORY THAT IT'S "GOOD FOR" MULTINATIONALS. AND NATURALLY, A WEAKER DOLLAR MAKES THE DOW NOMINALLY "LOOK HIGHER" THAN IT REALLY IS...
BUT THE US IS A VERY "NOMINAL" NATION...APPEARANCES ARE EVERYTHING!
REALITY IS JUST A NASTY SIDE-EFFECT! LIKE A HANG-OVER...AND WASHINGTON KNOWS A LOT ABOUT HANG-OVERS THESE DAYS...
DIDN'T WASHINGTON GIVE US THE IRAQ WAR...? NOW THAT'S A HANG OVER!!
YES, THERE IS THAT LITTLE UNPLEASANTNESS ABOUT THE COMMODITIES MARKETS...LIKE OIL AND GOLD...
BUT THAT'S TOMORROW'S WORRY...
TODAY...? DON'T WORRY! BE HAPPY!
SPEND SPEND SPEND TILL THE BANK OF CHINA TAKES THE T-BIRD AWAY....
THIS IS A MARKET THAT CAN GO STRAIGHT UP FOR A LONG LONG TIME...
AS THE DOLLAR PLUNGES...THE DOW CAN RISE ON THE THEORY THAT IT'S "GOOD FOR" MULTINATIONALS. AND NATURALLY, A WEAKER DOLLAR MAKES THE DOW NOMINALLY "LOOK HIGHER" THAN IT REALLY IS...
BUT THE US IS A VERY "NOMINAL" NATION...APPEARANCES ARE EVERYTHING!
REALITY IS JUST A NASTY SIDE-EFFECT! LIKE A HANG-OVER...AND WASHINGTON KNOWS A LOT ABOUT HANG-OVERS THESE DAYS...
DIDN'T WASHINGTON GIVE US THE IRAQ WAR...? NOW THAT'S A HANG OVER!!
YES, THERE IS THAT LITTLE UNPLEASANTNESS ABOUT THE COMMODITIES MARKETS...LIKE OIL AND GOLD...
BUT THAT'S TOMORROW'S WORRY...
TODAY...? DON'T WORRY! BE HAPPY!
SPEND SPEND SPEND TILL THE BANK OF CHINA TAKES THE T-BIRD AWAY....
DOW UP! DOLLAR DOWN! BLOW OFF TOP ON DOW LOOMS!
THE DOW COULD RISE 200 POINTS TODAY...JUST ON HAPPY TALK ALONE!
NEVER UNDERESTIMATE THE JOYS OF CURRENCY DEVALUATION...!
OF COURSE CURRENCY DEVALUATION IS SORT OF LIKE A BOTTLE OF VODKA!
THERE IS ALWAYS THE "MORNING AFTER" TO CONSIDER...
AND HERE IN THE US WE DON'T "DO" MORNINGS AFTER VERY WELL...!
NEVER UNDERESTIMATE THE JOYS OF CURRENCY DEVALUATION...!
OF COURSE CURRENCY DEVALUATION IS SORT OF LIKE A BOTTLE OF VODKA!
THERE IS ALWAYS THE "MORNING AFTER" TO CONSIDER...
AND HERE IN THE US WE DON'T "DO" MORNINGS AFTER VERY WELL...!
KUDOS TO THE BIG RIVER!
AMAZON WILL KICK EBAY'S ASS IN THE END...
EBAY IS JUST TOO COMPLICATED FOR MANY BUYERS...
AMAZON IS A ONE STOP SHOP FOR EVERYTHING YOU WANT... THREE "CLICKS" AND YOU'RE DONE.
EBAY IS JUST TOO COMPLICATED FOR MANY BUYERS...
AMAZON IS A ONE STOP SHOP FOR EVERYTHING YOU WANT... THREE "CLICKS" AND YOU'RE DONE.
Tuesday, April 24, 2007
BUSH RULES LIKE A BYZANTINE EMPEROR...
I've been reading late Roman and Middle Byzantine history lately to see if anything can be learned from those unhappy times...
And I'm surpirsed that the Romans were besieged by "Great Migrations" of people...who appearently were motivated
to get a piece of the Roman Imperial Action...but who did not exactly "buy into" the Roman way of life.
Curiously the Byzantine Empire was ruled by weak
and petty rulers...who were content
to ride on their ancestors prior achievements...
And were motivated only by greed for more wealth and power...
even if they didn't not know how to use it...
The Byzantine Emperors were petty, brutal
and dogmatic about Religion...while the Muslim conquerors in the 7th Century...were tolerant of all religious sects...as long as they
paid their taxes on time...! The conqueror must be tolerant...
after all he is a stranger in a strange
land...
But the Imperial Power is often weak, petty, dogmatic and brutal...
We certainly have the Great Migrations taking place today...
From Araby and Africa into Europe
And from Mexico, Asia and the Middle East into the US....
And unfortunately we also have our weak, petty,
dogmatic and brutal Emperors too!
And I'm surpirsed that the Romans were besieged by "Great Migrations" of people...who appearently were motivated
to get a piece of the Roman Imperial Action...but who did not exactly "buy into" the Roman way of life.
Curiously the Byzantine Empire was ruled by weak
and petty rulers...who were content
to ride on their ancestors prior achievements...
And were motivated only by greed for more wealth and power...
even if they didn't not know how to use it...
The Byzantine Emperors were petty, brutal
and dogmatic about Religion...while the Muslim conquerors in the 7th Century...were tolerant of all religious sects...as long as they
paid their taxes on time...! The conqueror must be tolerant...
after all he is a stranger in a strange
land...
But the Imperial Power is often weak, petty, dogmatic and brutal...
We certainly have the Great Migrations taking place today...
From Araby and Africa into Europe
And from Mexico, Asia and the Middle East into the US....
And unfortunately we also have our weak, petty,
dogmatic and brutal Emperors too!
DOW GOES WHIPPY...
USUALLY A SIGN THAT THE MARKET MASTERS ARE GIVING THE TRADERS MORE ROPE...AND LETTING THEM RUN FOR A WHILE...
THE MARKET MASTERS CAN "FLATLINE" THIS MARKET AT WILL...IF THEY CHOOSE. AS WE FREQUENTLY SEE WHEN IMPORTANT MOVES ARE BEING MADE... HAVING ELEVATED THE AVERAGES TO UNREASONABLE LEVELS...IT'S "PLAYTIME" FOR THE RETAIL TRADERS...AND OTHER SUCKERS.
THE MARKET MASTERS CAN "FLATLINE" THIS MARKET AT WILL...IF THEY CHOOSE. AS WE FREQUENTLY SEE WHEN IMPORTANT MOVES ARE BEING MADE... HAVING ELEVATED THE AVERAGES TO UNREASONABLE LEVELS...IT'S "PLAYTIME" FOR THE RETAIL TRADERS...AND OTHER SUCKERS.
MY RETIREMENT PLAN SMASHED!
PERHAPS JUST GARDENING IN SUSSEX...WITHOUT BEEKEEPING? BESIDES I ALWAYS GET STUNG...ALWAYS...
US HOUSING IN A DEPRESSION!
THE HOME EQUITY "ATM" IS OFFICIALLY CLOSED...
ALL CREDIT CARD DEBTS WILL NOW HAVE TO BE PAID ONLY FROM WAGES...IF ANY!
BANKRUPTCIES WILL SOAR IN THE WAKE OF THE HOME FORECLOSURES...
ALL CREDIT CARD DEBTS WILL NOW HAVE TO BE PAID ONLY FROM WAGES...IF ANY!
BANKRUPTCIES WILL SOAR IN THE WAKE OF THE HOME FORECLOSURES...
CAN GOLDMAN SACHS PLEASE "REPORT" AGAIN...?
AS LONG AS INTERNATIONAL CAPITAL IS DOING THE TALKING...THE US ECONOMY IS BOOMING!
AS FOR ORDINARY AMERICAN WORKING SLOBS...IT'S PRETTY DISMAL...BUT HEY, AT LEAST THANKS TO REPUBLICANS...THEY STILL HAVE JESUS!
AS FOR ORDINARY AMERICAN WORKING SLOBS...IT'S PRETTY DISMAL...BUT HEY, AT LEAST THANKS TO REPUBLICANS...THEY STILL HAVE JESUS!
ZIONISTS RESTART WAR ....
AND THUS IT WILL ALWAYS BE UNTIL THE WEST BANK IS ANNEXED AND THE MUSLIMS ARE EXPELLED FROM ALL OF THE OCCUPIED TERRITORIES...
KNOW THIS, GENTLE READER...AND A LOT OF THE US MEDIA GENERATED "CONFUSION" ABOUT THE MIDDLE EAST WILL DISSIPATE...
IT'S REALLY THE AMERICAN "SECRET AGENDA" IN THE MIDDLE EAST THAT IS CAUSING THE PROBLEMS...WITH MANY AMERICANS PONDERING "WHY DO THEY HATE US?" AND THE POLITICIANS SAYING: "THEY HATE US BECAUSE WE'RE GOOD AND FREE."
GOT IT...?
SIMPLISTIC, BUT EFFECTIVE ON MOST AMERICAN STUPIDS...
KNOW THIS, GENTLE READER...AND A LOT OF THE US MEDIA GENERATED "CONFUSION" ABOUT THE MIDDLE EAST WILL DISSIPATE...
IT'S REALLY THE AMERICAN "SECRET AGENDA" IN THE MIDDLE EAST THAT IS CAUSING THE PROBLEMS...WITH MANY AMERICANS PONDERING "WHY DO THEY HATE US?" AND THE POLITICIANS SAYING: "THEY HATE US BECAUSE WE'RE GOOD AND FREE."
GOT IT...?
SIMPLISTIC, BUT EFFECTIVE ON MOST AMERICAN STUPIDS...
CURE FOR DEPRESSED CONSUMER? GO SHOPPING!!
ARE WE A SOCIETY GONE MAD... OR ONLY AN ECONOMY GONE MAD..? OR IS IT ALL CAUSED BY THE MADDNESS OF KING GEORGE...?
WELL, MY HUNCH IS THAT ONCE DUBYA STUMBLES OUT OF THE WHITE HOUSE...AND THE DEMOCRATS TAKE CHARGE...THE WHOLE ATTITUDE WILL CHANGE.
IT WON'T BE "THE WORLD ACCORDING TO INTERNATIONAL CAPITAL"...BUT RATHER A MORE BALANCED APPROACH THAT CONSIDERS ALL THE PUBLICS' INTERESTS...
THIS WILL REQUIRE A SUBSTANTIAL MAJORITY FOR THE DEMOCRATS... BUT MAYBE THE JESUS FREAKS AND BUBBA REPUBLICANS WILL HAVE HAD ENOUGH WAR AND JOB LOSSES BY THEN TO ALLOW A NEW PROGRESSIVE AGENDA TO TAKE ROOT...
THE ELITES WILL FIGHT HARD AGAINST IT...PLENTY OF FREE SPEECH AND JESUS TALK IN THE MEDIA...
AM HATE RADIO WILL BE SPEWING HATE, LIES AND VENOM TO THE AMERICAN STUPIDS...
BUT JUST MAYBE...EVEN THE RED STATE STUPIDS WILL REALIZE THAT TOO MUCH IS ENOUGH...!
WELL, MY HUNCH IS THAT ONCE DUBYA STUMBLES OUT OF THE WHITE HOUSE...AND THE DEMOCRATS TAKE CHARGE...THE WHOLE ATTITUDE WILL CHANGE.
IT WON'T BE "THE WORLD ACCORDING TO INTERNATIONAL CAPITAL"...BUT RATHER A MORE BALANCED APPROACH THAT CONSIDERS ALL THE PUBLICS' INTERESTS...
THIS WILL REQUIRE A SUBSTANTIAL MAJORITY FOR THE DEMOCRATS... BUT MAYBE THE JESUS FREAKS AND BUBBA REPUBLICANS WILL HAVE HAD ENOUGH WAR AND JOB LOSSES BY THEN TO ALLOW A NEW PROGRESSIVE AGENDA TO TAKE ROOT...
THE ELITES WILL FIGHT HARD AGAINST IT...PLENTY OF FREE SPEECH AND JESUS TALK IN THE MEDIA...
AM HATE RADIO WILL BE SPEWING HATE, LIES AND VENOM TO THE AMERICAN STUPIDS...
BUT JUST MAYBE...EVEN THE RED STATE STUPIDS WILL REALIZE THAT TOO MUCH IS ENOUGH...!
WHERE ARE THE WALL STREET HOTTIES...?
AFTER GOOGLE AND GOLDMAN SACHS...IT'S A LITTLE BIT HARD TO FIND A "HOTTIE" ON WALL STREET... OF COURSE THAT'S WHY THEY ALWAYS "REPORT" FIRST...
OF COURSE THERE'S ALWAYS CEO HYPE...AND CREATIVE ACCOUNTING... BUT FOR SOME COMPANIES EVEN THAT WON'T BE ENOUGH...
I STILL HOLD THAT THE DOW CAN RALLY WILDLY FOR THE REST OF THIS YEAR BASED SOLELY ON THE DEVALUED DOLLAR...
IF THE DOLLAR DROPS 20% ON THE EURO...THE DOW CAN RALLY 20% AND STILL BE "WORTH" THE SAME...NO HARM DONE...EXCEPT TO THE STUPID AMERICAN CONSUMER WHO WILL LIKELY BE TO BUSY TRYING TO "FIND JESUS" IN ANY EVENT...
HYPERINFLATION WILL SAVE WALL STREET AND WASHINGTON FROM IT'S MANY MISTAKES OVER THE YEARS...
A DEVALUED CURRENCY IS ALWAYS THE FINAL WAY OUT FOR GREEDY ELITES...AND THAT'S HOW THIS STORY WILL END...
OF COURSE THERE'S ALWAYS CEO HYPE...AND CREATIVE ACCOUNTING... BUT FOR SOME COMPANIES EVEN THAT WON'T BE ENOUGH...
I STILL HOLD THAT THE DOW CAN RALLY WILDLY FOR THE REST OF THIS YEAR BASED SOLELY ON THE DEVALUED DOLLAR...
IF THE DOLLAR DROPS 20% ON THE EURO...THE DOW CAN RALLY 20% AND STILL BE "WORTH" THE SAME...NO HARM DONE...EXCEPT TO THE STUPID AMERICAN CONSUMER WHO WILL LIKELY BE TO BUSY TRYING TO "FIND JESUS" IN ANY EVENT...
HYPERINFLATION WILL SAVE WALL STREET AND WASHINGTON FROM IT'S MANY MISTAKES OVER THE YEARS...
A DEVALUED CURRENCY IS ALWAYS THE FINAL WAY OUT FOR GREEDY ELITES...AND THAT'S HOW THIS STORY WILL END...
KELLNER SEES RATE HIKE...
THERE ARE DOZENS OF REASONS TO HIKE...AND ONLY THE FLIMSIEST REASONS TO LOWER OR STAY THE COURSE...
IT'S NOT THE UK POUND THAT IS TO BLAME...HOWEVER...IT'S THE US DOLLAR. THAT SAID THERE WILL BE COMPETITION AMONG THE VARIOUS PAPER CURRENCY ISSUERS BEFORE THE YEAR IS OVER...
IT'S NOT THE UK POUND THAT IS TO BLAME...HOWEVER...IT'S THE US DOLLAR. THAT SAID THERE WILL BE COMPETITION AMONG THE VARIOUS PAPER CURRENCY ISSUERS BEFORE THE YEAR IS OVER...
Monday, April 23, 2007
SAVE SOCIAL SECURITY AND MEDICARE BY CUTTING THE WAR BUDGET...
THE ONLY REASON EUROLAND CAN AFFORD IT'S WELFARE STATE IS BECAUSE THEY DON'T HAVE THE WAR BUDGET THAT THE US HAS...
IF THE US WAR BUDGET WERE CUT... AMERICANS COULD HAVE THE "BENEFITS" OF EUROLANDERS...AND, HAVE FEWER OPTIONAL WARS TO FIGHT AS A BONUS...!
SAVE SOCIAL SECURITY BY CUTTING THE MEANS TO FIGHT THESE WORTHLESS "OPTIONAL" REPUBLICAN WARS!
IT'S REALLY JUST THAT SIMPLE...
THEN MAYBE THE RICH CAN KEEP THEIR "TAX CUTS" IF THE HUGE US WAR BUDGET IS CUT DOWN TO SIZE...?
IF THE US WAR BUDGET WERE CUT... AMERICANS COULD HAVE THE "BENEFITS" OF EUROLANDERS...AND, HAVE FEWER OPTIONAL WARS TO FIGHT AS A BONUS...!
SAVE SOCIAL SECURITY BY CUTTING THE MEANS TO FIGHT THESE WORTHLESS "OPTIONAL" REPUBLICAN WARS!
IT'S REALLY JUST THAT SIMPLE...
THEN MAYBE THE RICH CAN KEEP THEIR "TAX CUTS" IF THE HUGE US WAR BUDGET IS CUT DOWN TO SIZE...?
BARCLAY'S WILL GO BUST ON THIS MEGA-DEAL
THIS IS JUST STANDARD "END OF THE BUBBLE ERA" STUFF...
IT'S RIGHT OUT OF THE 60's...
And the 80's...
The only thing the market has going for it now is the central banks hyper-liquidity...
But when the numbers start rolling in from the real economy...
This LaLa Land M&A Bullshit will quickly be exposed as horrible mistakes motivated by greed and ego...!
IT'S RIGHT OUT OF THE 60's...
And the 80's...
The only thing the market has going for it now is the central banks hyper-liquidity...
But when the numbers start rolling in from the real economy...
This LaLa Land M&A Bullshit will quickly be exposed as horrible mistakes motivated by greed and ego...!
SOMALIA DEGENRATING UNDER THE RADAR SCREEN
THE SITUATION IN SOMALIA COULD BE MORE DANGEROUS THAN THE SITUATION IN AFGHANISTAN EVENTUALLY...
SOMALIA COULD BECOME A JUMPING OFF POINT FOR ATTACKS ON THE HOUSE OF SAUD AND EGYPT AND THE REST OF THE MIDDLE EAST...IN WAYS THAT AFGAHNISTAN COULD NEVER BE...BECAUSE OF AFGAHNISTAN'S REMOTENESS FROM THE CENTERS OF POWER...
SOMALIA COULD BECOME A JUMPING OFF POINT FOR ATTACKS ON THE HOUSE OF SAUD AND EGYPT AND THE REST OF THE MIDDLE EAST...IN WAYS THAT AFGAHNISTAN COULD NEVER BE...BECAUSE OF AFGAHNISTAN'S REMOTENESS FROM THE CENTERS OF POWER...
SARKOZY: LE "STOOGE" OF BUSH AND INTERNATIONAL CAPITAL
Sarkozy est le « faire-valoir » de Bush et du capital international. Sarkozy suffira en France ce que le Yeltsin ivre a fait en Russie… Les électeurs français ne devraient pas tomber pour la manoeuvre de racisme du droit… qui est comment les républicains ont détruit l'économie américaine et les millions appauvris tandis que les riches pillais l'économie à l'os !
THE BUBBLE WILL RETURN...
THE HYPER INFLATION WILL SAVE THE MARKET AVERAGES... BUT THERE COULD BE A DAILY YING/YANG...IN THE NUMBERS.
THE HYPER INFLATION IS ALREADY BAKED IN THE CAKE...HOW THE MARKET MASTERS "FROST" THE CAKE IS STILL UNKNOWN...
THE HYPER INFLATION IS ALREADY BAKED IN THE CAKE...HOW THE MARKET MASTERS "FROST" THE CAKE IS STILL UNKNOWN...
YELTSIN: HE GAVE RUSSIANS THEIR MAFIA STATE
AND THE RUSSIANS ARE STILL LIVING UNDER THAT BURDEN...THE MAFIA AND THE OLIGARCHS...AND THE RESULTING ECONOMIC COLLAPSE AND THE IMPOVERISHMENT OF MILLIONS AS THE INTERNATIONAL ELITES LOOTED THE ECONOMY... IT'S AMAZING THAT PUTIN CAN HOLD A STATE FUNERAL FOR THIS MAN, WHO TRASHED THE RUSSIAN ECONOMY AND TURNED IT OVER TO THE INTERNATIONAL LOOTERS...
YELTSIN IS THE "HERBERT HOOVER" OF RUSSIA... ACTUALLY WORSE THAN HOOVER SINCE A LOT OF WHAT IS SAID ABOUT HOOVER IS ACTUALLY UNTRUE...
THE POLITICANS ALWAYS TAKE THE FALL FOR THEIR ELITES...
IN YELTSIN'S CASE HE EMPOWERED ELITES...
YELTSIN IS THE "HERBERT HOOVER" OF RUSSIA... ACTUALLY WORSE THAN HOOVER SINCE A LOT OF WHAT IS SAID ABOUT HOOVER IS ACTUALLY UNTRUE...
THE POLITICANS ALWAYS TAKE THE FALL FOR THEIR ELITES...
IN YELTSIN'S CASE HE EMPOWERED ELITES...
US TROOPS TO FIGHT OSAMA...NOT IRAQ CIVIL WAR?
HAS ANYONE NOTICED THAT THIS IDEA IS PURE BULLSHIT ON IT'S FACE...?
HOW CAN YOU PICK AND CHOOSE WHICH ENEMY YOU ARE KILLING...IF THEY ARE TRYING TO KILL YOU...?
PERHAPS THEY ALL NEED TO START WEARING UNIFORMS... YA THINK?
THAT'S WHAT UNIFORMS WERE INTENDED FOR IN THE FIRST PLACE...
HOW CAN YOU PICK AND CHOOSE WHICH ENEMY YOU ARE KILLING...IF THEY ARE TRYING TO KILL YOU...?
PERHAPS THEY ALL NEED TO START WEARING UNIFORMS... YA THINK?
THAT'S WHAT UNIFORMS WERE INTENDED FOR IN THE FIRST PLACE...
FOUR DOLLAR GAS...
THE MAINSTREAM MEDIA ARE CATCHING UP WITH GLOOM AND DOOM...? TIME FOR G&D TO MOVE ON TO THE NEXT BIG THING...? SEE BELOW...DOLLAR COLLAPSE AND THE COMING HYPER-INFLATION GERMAN STYLE...
P.S. I LIKE THAT NEW "FLIPPANT" STYLE AT BLOOMBERG...! LoL...
P.S. I LIKE THAT NEW "FLIPPANT" STYLE AT BLOOMBERG...! LoL...
DESPERATE GOLD BASH...IGNORES OIL!
WE COULD SEE SOME DESPERATE GOLD BASING IN COMING WEEKS... BUT THE REAL PROBLEM WILL BE IN OIL...
GOLD IS A THIN MARKET THAT THE CENTRAL BANK SHILLS CAN MANIPULATE FOR A WHILE... BUT UNLESS THEY CAN ALSO MOVE OIL...THE GOLD BASHING WILL BE FOR NAUGHT...
GOLD IS A THIN MARKET THAT THE CENTRAL BANK SHILLS CAN MANIPULATE FOR A WHILE... BUT UNLESS THEY CAN ALSO MOVE OIL...THE GOLD BASHING WILL BE FOR NAUGHT...
BOND PLUNGE INEVITABLE...
THE REAL TROUBLE WILL BE SEEN IN THE BOND MARKET FIRST... WATCH BONDS AS THE "CANARY IN THE MINESHAFT"... BOND HOLDERS WILL BEAR THE WORST LOSSES IN COMING MONTHS... AS ALWAYS HAPPENS IN HYPER-INFLATION SCENARIOS...
DOW 18,000 LOOMS! BUT BUY GOLD INSTEAD!
THE DOW WILL RISE TO 18,000 THIS YEAR...BUT THE DOLLAR WILL BE SO TRASHED THAT STOCKS WILL NOT REALLY BE WORTH ANYTHING...
BUY GOLD OR OIL INSTEAD...AND LET THIS MANIA TAKE IT'S COURSE... EVENTUALLY THE FED AND WASHINGTON WILL HAVE TO CONFRONT 20 YEARS OF ASSET HYPER-INFLATION...EVEN WHILE THE REAL ECONOMY IN THE US HAS BEEN HOLLOWED OUT TO NOTHING...
THIS WON'T BE PRETTY BUT IT IS THE ESSENTIAL END TO A DECADES LONG ABUSE OF MONETARY POLICY BY THE FED...
THE MOST OBVIOUS ANOMALY IS THE NOTION THAT THE FED CAN LOWER RATES IN THE FACE OF A DECLINING DOLLAR...TO "SAVE" THE REAL ECONOMY... THAT JUST CAN'T HAPPEN... OIL WOULD SOAR...THE DOLLAR WOULD PLUNGE...
PART OF THE PROBLEM IS THAT THE STREET HAS HAD TWO COMPLETELY SEPERATE "DIALOGUES" WITH ITSELF TO MAINTAIN THE VARIOUS BUBBLES...
THE HOUSING BUBBLE IS COLLAPSING EVEN AS THE STOCK BUBBLE ACCELERATES TO UNHEARD UP LEVELS...
THIS HYPERLIQUIDITY GAMBIT WAS TRIED IN GERMANY IN THE 1920'S ...WHEN THEY HAD THEIR "REPARTATIONS PROBLEM"....JUST AS WE NOW HAVE OUR "CHINA TRADE DEFICIT" PROBLEM...
YOU SIMPLY CAN NOT HYPER-INFLATE YOUR PROBLEMS AWAY WITHOUT SERIOUS PROBLEMS DEVELOPING...
WE ARE ONLY AT THE BEGINNING OF THE HYPER-INFLATION... IT WILL DEVELOP SLOWLY AT FIRST... BUT I FORSEEN A BIG ONE DAY JUMP IN OIL AND/OR GOLD THAT WILL FORETELL THE COMING PROBLEM IN WAYS THAT THE TOUT MEDIA CAN NOT DENY...
BUY GOLD OR OIL INSTEAD...AND LET THIS MANIA TAKE IT'S COURSE... EVENTUALLY THE FED AND WASHINGTON WILL HAVE TO CONFRONT 20 YEARS OF ASSET HYPER-INFLATION...EVEN WHILE THE REAL ECONOMY IN THE US HAS BEEN HOLLOWED OUT TO NOTHING...
THIS WON'T BE PRETTY BUT IT IS THE ESSENTIAL END TO A DECADES LONG ABUSE OF MONETARY POLICY BY THE FED...
THE MOST OBVIOUS ANOMALY IS THE NOTION THAT THE FED CAN LOWER RATES IN THE FACE OF A DECLINING DOLLAR...TO "SAVE" THE REAL ECONOMY... THAT JUST CAN'T HAPPEN... OIL WOULD SOAR...THE DOLLAR WOULD PLUNGE...
PART OF THE PROBLEM IS THAT THE STREET HAS HAD TWO COMPLETELY SEPERATE "DIALOGUES" WITH ITSELF TO MAINTAIN THE VARIOUS BUBBLES...
THE HOUSING BUBBLE IS COLLAPSING EVEN AS THE STOCK BUBBLE ACCELERATES TO UNHEARD UP LEVELS...
THIS HYPERLIQUIDITY GAMBIT WAS TRIED IN GERMANY IN THE 1920'S ...WHEN THEY HAD THEIR "REPARTATIONS PROBLEM"....JUST AS WE NOW HAVE OUR "CHINA TRADE DEFICIT" PROBLEM...
YOU SIMPLY CAN NOT HYPER-INFLATE YOUR PROBLEMS AWAY WITHOUT SERIOUS PROBLEMS DEVELOPING...
WE ARE ONLY AT THE BEGINNING OF THE HYPER-INFLATION... IT WILL DEVELOP SLOWLY AT FIRST... BUT I FORSEEN A BIG ONE DAY JUMP IN OIL AND/OR GOLD THAT WILL FORETELL THE COMING PROBLEM IN WAYS THAT THE TOUT MEDIA CAN NOT DENY...
DON'T BELIEVE THE DOOMSTERS...THIS MARKET IS STILL A MOONSHOT!
DON'T BELIEVE THE MARKET TOUTS...THEY WANT A RETURN TO NORMALCY IN THE MARKETS...BUT THEY WON'T GET IT...
THIS MARKET IS A MOONSHOT...!
LIQUIDITY IS SO CONCENTRATED IN THE FINANCIAL SECTOR...AND WITH THE RICH...THAT THERE IS NO PLACE FOR THAT FED "PAPER MONEY" TO GO...EXCEPT INTO STOCKS...OR WORSE COMMODITIES...
YOU SIMPLY CAN NOT RUN AT ECONOMY AND THE CENTRAL BANK..."AS IF" ONLY SPECUALTION MATTERS...AND NOTHING ELSE...WITHOUT CONSEQUENCES...
THE DOW WILL SOAR TO UNHEARD OF LEVELS...PERHAPS TO 18,000 IN A STRAIGHT LINE WITH ONLY OCCASSIONAL SMALL PULL BACKS...
WE HAVE FALLEN THROUGH THE LOOKING GLASS NOW...THE IMPOSSIBLE IS NOW POSSIBLE...
THE HYPERINFLATION IS ALREADY STARTED...AND NOTHING CAN STOP IT...!
THIS MARKET IS A MOONSHOT...!
LIQUIDITY IS SO CONCENTRATED IN THE FINANCIAL SECTOR...AND WITH THE RICH...THAT THERE IS NO PLACE FOR THAT FED "PAPER MONEY" TO GO...EXCEPT INTO STOCKS...OR WORSE COMMODITIES...
YOU SIMPLY CAN NOT RUN AT ECONOMY AND THE CENTRAL BANK..."AS IF" ONLY SPECUALTION MATTERS...AND NOTHING ELSE...WITHOUT CONSEQUENCES...
THE DOW WILL SOAR TO UNHEARD OF LEVELS...PERHAPS TO 18,000 IN A STRAIGHT LINE WITH ONLY OCCASSIONAL SMALL PULL BACKS...
WE HAVE FALLEN THROUGH THE LOOKING GLASS NOW...THE IMPOSSIBLE IS NOW POSSIBLE...
MOONSHOT!
MOONSHOT!
MOONSHOT!
MOONSHOT!
MOONSHOT!
THE HYPERINFLATION IS ALREADY STARTED...AND NOTHING CAN STOP IT...!
Saturday, April 21, 2007
DOW RALLY WILL CONTINUE INDEFINITELY...BLOW OFF TOP LOOMS!
IT'S LIQUIDITY NOT FUNDAMENTALS THAT IS DRIVING THIS MARKET...
THE FED HAS PRINTED SO MUCH MONEY FOR WALL STREET AND THE SPECULATIVE COMMUNITY...THAT THE DOW RALLY CAN GO ON INDEFINITELY...
THE EXCESS CASH WILL START TO IMPACT COMMODITIES...INDEED IT ALREADY HAS...BUT, THE MAIN INFLATION WILL BE IN STOCK PRICES...
BERNANKE HAS NO CHOICE BUT TO ACCEPT THE HIGHER INFLATION AND THE WEAKER DOLLAR AS INEVITABLE... BECAUSE THE CHINA DEFICIT IS EXACTLY LIKE THE GERMAN "REPARATIONS" BURDEN AFTER 1919... EXACTLY!
I WOULD NOT EVEN VENTURE A GUESS WHEN THE MARKET WILL STOP RISING IN THE COMING HYPERINFLATION...
AND IF THE MARKET DOES HAVE A RARE DOWN DAY...IT WILL START RIGHT UP AGAIN...UNTIL ALL OF THE FED HYPER-LIQUIDITY IS IN THE MARKETS... WELCOME TO WIEMAR GERMANY 1923!
I HAVE SUGGESTED THAT THE DOW COULD GO TO 18,000 THIS YEAR...THAT MAY ACTUALLY BE TOO LOW...
OF COURSE GOLD AND OIL WILL SOAR TOO...AND GASOLINE WILL BE OVER $4 BY THE 4TH OF JULY...
THIS IS A START OF THE INEVITABLE HYPER-INFLATION THAT WE HAVE ALL BEEN PREDICTING FOR YEARS...
THE FED IS REALLY BEING CARRYED ALONG BY EVENTS NOW...IT'S NOT MAKING POLICY ANYMORE...
THE FED IS JUST PRINTING MONEY LIKE MAD.
AND TRYING TO KEEP UP WITH THE MARKETS AND THE ECONOMY IN GENERAL...
WHEN THE RALLY STOPS...STOCKS WILL CRASH UNLIKE ANYTHING WE HAVE EVER SEEN BEFORE...IT WILL MAKE 1929 LOOK LIKE SUNDAY IN THE PARK WITH ALAN...
THE MIGHTY COLLAPSE IN STOCKS...WILL BE SIGNALED BY A SUDDEN WEAKNESS IN THE BOND MARKET...THAT WILL BE THE FIRST SIGN THAT THE END IS NEAR...
ALSO IF GOLD EVER GOES UP $50 IN ONE DAY...WE COULD BE NEARING THE FINAL BLOW-OFF TOP IN STOCKS...
THE UNDERLYING NUMBERS WILL TELL YOU ALL YOU NEED TO KNOW...NOT THE MAJOR AVERAGES...
THE MAJOR AVERAGES WILL BE A BIZARRE SIDE SHOW TO THE SMART INVESTOR...
AFTER THE BLOW OFF TOP...LATER THIS YEAR...
THE COLLAPSE...
THE DELUGE.
IT WILL BE INTERESTING TO SEE HOW THE FED HANDLES THE SITUATION...
THE FED HAS PRINTED SO MUCH MONEY FOR WALL STREET AND THE SPECULATIVE COMMUNITY...THAT THE DOW RALLY CAN GO ON INDEFINITELY...
THE EXCESS CASH WILL START TO IMPACT COMMODITIES...INDEED IT ALREADY HAS...BUT, THE MAIN INFLATION WILL BE IN STOCK PRICES...
BERNANKE HAS NO CHOICE BUT TO ACCEPT THE HIGHER INFLATION AND THE WEAKER DOLLAR AS INEVITABLE... BECAUSE THE CHINA DEFICIT IS EXACTLY LIKE THE GERMAN "REPARATIONS" BURDEN AFTER 1919... EXACTLY!
I WOULD NOT EVEN VENTURE A GUESS WHEN THE MARKET WILL STOP RISING IN THE COMING HYPERINFLATION...
AND IF THE MARKET DOES HAVE A RARE DOWN DAY...IT WILL START RIGHT UP AGAIN...UNTIL ALL OF THE FED HYPER-LIQUIDITY IS IN THE MARKETS... WELCOME TO WIEMAR GERMANY 1923!
I HAVE SUGGESTED THAT THE DOW COULD GO TO 18,000 THIS YEAR...THAT MAY ACTUALLY BE TOO LOW...
OF COURSE GOLD AND OIL WILL SOAR TOO...AND GASOLINE WILL BE OVER $4 BY THE 4TH OF JULY...
THIS IS A START OF THE INEVITABLE HYPER-INFLATION THAT WE HAVE ALL BEEN PREDICTING FOR YEARS...
THE FED IS REALLY BEING CARRYED ALONG BY EVENTS NOW...IT'S NOT MAKING POLICY ANYMORE...
THE FED IS JUST PRINTING MONEY LIKE MAD.
AND TRYING TO KEEP UP WITH THE MARKETS AND THE ECONOMY IN GENERAL...
WHEN THE RALLY STOPS...STOCKS WILL CRASH UNLIKE ANYTHING WE HAVE EVER SEEN BEFORE...IT WILL MAKE 1929 LOOK LIKE SUNDAY IN THE PARK WITH ALAN...
THE MIGHTY COLLAPSE IN STOCKS...WILL BE SIGNALED BY A SUDDEN WEAKNESS IN THE BOND MARKET...THAT WILL BE THE FIRST SIGN THAT THE END IS NEAR...
ALSO IF GOLD EVER GOES UP $50 IN ONE DAY...WE COULD BE NEARING THE FINAL BLOW-OFF TOP IN STOCKS...
THE UNDERLYING NUMBERS WILL TELL YOU ALL YOU NEED TO KNOW...NOT THE MAJOR AVERAGES...
THE MAJOR AVERAGES WILL BE A BIZARRE SIDE SHOW TO THE SMART INVESTOR...
AFTER THE BLOW OFF TOP...LATER THIS YEAR...
THE COLLAPSE...
THE DELUGE.
IT WILL BE INTERESTING TO SEE HOW THE FED HANDLES THE SITUATION...
Friday, April 20, 2007
WHAT'S WRONG WITH THIS RALLY...?
SO WHAT'S WRONG WITH THIS RALLY...?
ONE THING...BUT ONE IMPORTANT THING...
SOMEHOW, DEEP DOWN...EVERYONE KNOWS IT'S A FAKE...
DEEP DOWN... EVERYONE KNOWS THERE ARE REAL UNDERLYING PROBLEMS THAT ARE BEING IGNORED...
EVERYONE SECRETLY KNOWS THAT THE CEO SONG AND DANCE TRAVELING MINISTRAL SHOW IS PHONEY...
DEEP DOWN EVERYONE KNOWS IT...OR AT LEAST SENSES SOMETHING ON AN INTUITIVE LEVEL...
THAT'S WHATS WRONG WITH THIS RALLY...THE EMPEROR HAS NO CLOTHES...BUT WE'RE ALL AFRAID TO SAY ANYTHING...
NO BODY WANTS TO MENTION THE TURD IN THE PUNCH BOWL...THE DOLLAR, THE TRADE DEFICIT, THE JOB LOSSES, THE INCOME INEQUALITY, SOCIAL SECURITY, THE HEALTH CARE CRISIS...
DEEP DOWN WE ARE TREATING THE US ECONOMY "AS IF" IT WERE IRAQ! JUST A PLACE FOR CORPORATIONS TO LOOT...
YEAH...IT'S THAT BAD!
ONLY NOW WE'RE SHITTING IN OUR OWN NEST!
THE OPERATIVE WORD IN AMERICAN POP CULTURE TODAY IS: "WHATEVER!"
AND THAT'S WHATS WRONG WITH THIS RALLY....
EVERYONE IS JUST SAYING: ...."WHATEVER...!"
ONE THING...BUT ONE IMPORTANT THING...
SOMEHOW, DEEP DOWN...EVERYONE KNOWS IT'S A FAKE...
DEEP DOWN... EVERYONE KNOWS THERE ARE REAL UNDERLYING PROBLEMS THAT ARE BEING IGNORED...
EVERYONE SECRETLY KNOWS THAT THE CEO SONG AND DANCE TRAVELING MINISTRAL SHOW IS PHONEY...
DEEP DOWN EVERYONE KNOWS IT...OR AT LEAST SENSES SOMETHING ON AN INTUITIVE LEVEL...
THAT'S WHATS WRONG WITH THIS RALLY...THE EMPEROR HAS NO CLOTHES...BUT WE'RE ALL AFRAID TO SAY ANYTHING...
NO BODY WANTS TO MENTION THE TURD IN THE PUNCH BOWL...THE DOLLAR, THE TRADE DEFICIT, THE JOB LOSSES, THE INCOME INEQUALITY, SOCIAL SECURITY, THE HEALTH CARE CRISIS...
DEEP DOWN WE ARE TREATING THE US ECONOMY "AS IF" IT WERE IRAQ! JUST A PLACE FOR CORPORATIONS TO LOOT...
YEAH...IT'S THAT BAD!
ONLY NOW WE'RE SHITTING IN OUR OWN NEST!
THE OPERATIVE WORD IN AMERICAN POP CULTURE TODAY IS: "WHATEVER!"
AND THAT'S WHATS WRONG WITH THIS RALLY....
EVERYONE IS JUST SAYING: ...."WHATEVER...!"
SOMETHING THERE IS THAT DOES NOT LIKE A WALL
OUR LATTER DAY "HADRIAN" IN THE WHITE HOUSE SHOULD KNOW THIS...
IF WALLS SEEM LIKE THE "ANSWER...?"
YOU AREN'T ASKING THE RIGHT QUESTIONS YET...!
AFTER ALL, THAT'S WHAT RAY-GUN TOLD GORBY REMEMBER...?
IF WALLS SEEM LIKE THE "ANSWER...?"
YOU AREN'T ASKING THE RIGHT QUESTIONS YET...!
AFTER ALL, THAT'S WHAT RAY-GUN TOLD GORBY REMEMBER...?
THREE MILLION GOOD MANUFACTURING JOBS LOST!
MARK MY WORDS THIS "DE-INDUSTRIALIZATION" WILL COME TO NO GOOD END. ONLY "VALUE ADDED" JOBS CAN PAY WELL...
BUILDING A CAR IS FUNDAMENTALLY DIFFERENT FROM BUILDING A HAMBURGER...
AND NO...WE ARE NOT ALL GOING TO WRITE THE "GREAT AMERICAN NOVEL."
OR EVEN A NON-FICTION "BEST SELLER," FILLED WITH BULLSHIT, LIKE FRIEDMAN'S "THE WORLD IS FLAT" 2.0... ALTHOUGH BULLSHIT DOES SELL THESE DAYS...!
BUILDING A CAR IS FUNDAMENTALLY DIFFERENT FROM BUILDING A HAMBURGER...
AND NO...WE ARE NOT ALL GOING TO WRITE THE "GREAT AMERICAN NOVEL."
OR EVEN A NON-FICTION "BEST SELLER," FILLED WITH BULLSHIT, LIKE FRIEDMAN'S "THE WORLD IS FLAT" 2.0... ALTHOUGH BULLSHIT DOES SELL THESE DAYS...!
DAVID BROOKS SAYS V-TECH SHOOTER CAN'T BE BLAMED...!
Well coming from a geek sympathizer like Brooks...what do you expect...
Brooks made his bizarro statements on the PBS news hour today...
He essentially said that Cho had "a virus on the brain" or something ...which caused him to be irrational... Brooks blamed a "chemical imbalance" for Cho's behavior...!
It's starting to look like Emo-Cho was the star...and all his victims were merely the "props" for his last weird slasher "drama."
And the US media is lapping it up...!
I didn't know that Dr Brooks had access to the autopsy results...and could interrupt them so fast!
The real answer to the V-Tech case is to look at all murder-suicide scenarios... And perhaps a close analysis of "irrational rage."
The V-Tech scenario is actually quite common... See NASA today...Salt Lake City a few months ago...And probably something in your hometown paper that never quite made it to the Today Show Fluff News Network!
At V-Tech it got way, way out of hand... The question is Why? What's the trigger? And what is the origin? Once you know those answers you can seek ways to control or stop it...
Brooks made his bizarro statements on the PBS news hour today...
He essentially said that Cho had "a virus on the brain" or something ...which caused him to be irrational... Brooks blamed a "chemical imbalance" for Cho's behavior...!
It's starting to look like Emo-Cho was the star...and all his victims were merely the "props" for his last weird slasher "drama."
And the US media is lapping it up...!
I didn't know that Dr Brooks had access to the autopsy results...and could interrupt them so fast!
The real answer to the V-Tech case is to look at all murder-suicide scenarios... And perhaps a close analysis of "irrational rage."
The V-Tech scenario is actually quite common... See NASA today...Salt Lake City a few months ago...And probably something in your hometown paper that never quite made it to the Today Show Fluff News Network!
At V-Tech it got way, way out of hand... The question is Why? What's the trigger? And what is the origin? Once you know those answers you can seek ways to control or stop it...
EARNINGS DISNEYLAND!
THESE "EARNINGS SEASONS" ARE TAKING ON A DISNEYLAND QUALITY...
EACH CEO IS ESSENTIALLY PAID TO HYPE HIS STOCK...IN ANY WAY POSSIBLE...
AND THE STREET TOUTS HANG ON EVERY WORD... ANY CEO WHO DARES UTTER A "DARK THOUGHT" SHOULD BE FIRED IMMEDIATELY...
MY HUNCH IS THAT A LOT OF THESE EARNINGS ARE FAKED OR FUDGED...OR CREATIVELY ACCOUNTED UNDER "BAP!"... BULLSHIT ACCOUNTING PRACTICES...
TO BELIEVE OTHERWISE? YOU'D HAVE TO BELIEVE THAT WE ARE LIVING IN A PERFECT WORLD!
A WORLD WHERE EVERYTHING IS TURING OUT FOR THE BEST!
A REPUBLICAN MEGA RICH FANTASY LAND! A WORLD WHERE THE CEO & CHUMS TAKE IT ALL...
AND THE SHAREHOLDERS GET "VALUE" ...WHATEVER THAT IS!
VALUE? PERHAPS, IF YOU CAN FIND A SUCKER TO BUY YOUR SHARES FAST ENOUGH!
WALL STREET IS DISNEYLAND! KNOW THAT AND YOU WILL UNDERSTAND A LOT ABOUT WHAT'S COMING LATER THIS YEAR...
EACH CEO IS ESSENTIALLY PAID TO HYPE HIS STOCK...IN ANY WAY POSSIBLE...
AND THE STREET TOUTS HANG ON EVERY WORD... ANY CEO WHO DARES UTTER A "DARK THOUGHT" SHOULD BE FIRED IMMEDIATELY...
MY HUNCH IS THAT A LOT OF THESE EARNINGS ARE FAKED OR FUDGED...OR CREATIVELY ACCOUNTED UNDER "BAP!"... BULLSHIT ACCOUNTING PRACTICES...
TO BELIEVE OTHERWISE? YOU'D HAVE TO BELIEVE THAT WE ARE LIVING IN A PERFECT WORLD!
A WORLD WHERE EVERYTHING IS TURING OUT FOR THE BEST!
A REPUBLICAN MEGA RICH FANTASY LAND! A WORLD WHERE THE CEO & CHUMS TAKE IT ALL...
AND THE SHAREHOLDERS GET "VALUE" ...WHATEVER THAT IS!
VALUE? PERHAPS, IF YOU CAN FIND A SUCKER TO BUY YOUR SHARES FAST ENOUGH!
WALL STREET IS DISNEYLAND! KNOW THAT AND YOU WILL UNDERSTAND A LOT ABOUT WHAT'S COMING LATER THIS YEAR...
SUCKERS FLOCKING TO NEW BUBBLE...OR MOTHER OF ALL SHORT SQUEEZES?
Are the suckers flocking to a new asset bubble in stocks...?
Perhaps... But there is another more elegant explanation that does not require mania thinking to make it work...
Consider:
Everyone "knew" that after Sucker Season ended this week...and all the 401k and retirement money was "in play"... the market would decline... It always does...!
Apparently, a lot of "semi-smart" money was shorting this final Sucker Rally in hopes of covering in late April or early May for a profit on the short side...
Enter the "really-smart" money...which essentially is squeezing the semi-smart shorts in hopes of forcing them to cover their positions....
...BEFORE THE REAL DECLINE BEGINS..AFTER MID MAY...!
MY HUNCH IS THAT THE RECENT MEGA-RALLY; AFTER THE END OF SUCKER SEASON WAS AN ATTEMPT TO SQUEEZE THOSE WHO WERE SHORTING THE MARKET DURING THE TRADITIONAL RUN UP IN THE FIRST HALF OF THE YEAR.
LIKELY, THE MARKET MASTERS ARE BEHIND THIS MOVE...BECAUSE THEY LOVE TO TORTURE "LINEAR THINKERS" AND "MACRO THINKERS" LIKE YOU FIND RUNNING MANY HEDGE FUNDS... LOOK WHAT THEY DID TO THESE "SMART" PEOPLE LAST YEAR IN GOLD...!
In Any Event...
Once the weaker speculative shorts have been nicely squeezed...and the retail suckers are all in on the long side!!
THE REAL PLUNGE WILL START...AND IT COULD BE A GOOD ONE...
NO WEAK SHORTS TO COVER AND SUPPORT THE MARKET...
AND NO RETAIL LONGS WHO ALREADY BOUGHT IN AT NEAR THE TOP!!
ELEGANT! TOTALLY ELEGANT...!
REMEMBER THE STREET SPECIALIZES IN "CREATING SCENARIOS" THAT SEEM INEVITABLE .....BOTH LONG AND SHORT....
THESE RECENT MEGA RALLIES ABOUT BASICALLY NOTHING ARE A SHORT SQUEEZE ....
AND IT MIGHT LAST A LITTLE LONGER...PERHAPS UNTIL MAY 15th...
BUT IT SURELY WILL BE OVER BY THE END OF MAY...
THEN? ....THE DELUGE!
NO ONE TO BUYLONG! AND NO SHORTS TO FORCE TO COVER...
THE PERFECT STORM...!
P.S. And of course remember you heard it here first...
The beauty of this scenario is that it doesn't require the FED to "go insane" on inflation...
And better, it provides a micro, not a macro, explanation of recent events...which is always the good choice on Wall Street; which has devolved into a "trading" market...not an "investing" market...
Perhaps... But there is another more elegant explanation that does not require mania thinking to make it work...
Consider:
Everyone "knew" that after Sucker Season ended this week...and all the 401k and retirement money was "in play"... the market would decline... It always does...!
Apparently, a lot of "semi-smart" money was shorting this final Sucker Rally in hopes of covering in late April or early May for a profit on the short side...
Enter the "really-smart" money...which essentially is squeezing the semi-smart shorts in hopes of forcing them to cover their positions....
...BEFORE THE REAL DECLINE BEGINS..AFTER MID MAY...!
MY HUNCH IS THAT THE RECENT MEGA-RALLY; AFTER THE END OF SUCKER SEASON WAS AN ATTEMPT TO SQUEEZE THOSE WHO WERE SHORTING THE MARKET DURING THE TRADITIONAL RUN UP IN THE FIRST HALF OF THE YEAR.
LIKELY, THE MARKET MASTERS ARE BEHIND THIS MOVE...BECAUSE THEY LOVE TO TORTURE "LINEAR THINKERS" AND "MACRO THINKERS" LIKE YOU FIND RUNNING MANY HEDGE FUNDS... LOOK WHAT THEY DID TO THESE "SMART" PEOPLE LAST YEAR IN GOLD...!
In Any Event...
Once the weaker speculative shorts have been nicely squeezed...and the retail suckers are all in on the long side!!
THE REAL PLUNGE WILL START...AND IT COULD BE A GOOD ONE...
NO WEAK SHORTS TO COVER AND SUPPORT THE MARKET...
AND NO RETAIL LONGS WHO ALREADY BOUGHT IN AT NEAR THE TOP!!
ELEGANT! TOTALLY ELEGANT...!
REMEMBER THE STREET SPECIALIZES IN "CREATING SCENARIOS" THAT SEEM INEVITABLE .....BOTH LONG AND SHORT....
THESE RECENT MEGA RALLIES ABOUT BASICALLY NOTHING ARE A SHORT SQUEEZE ....
AND IT MIGHT LAST A LITTLE LONGER...PERHAPS UNTIL MAY 15th...
BUT IT SURELY WILL BE OVER BY THE END OF MAY...
THEN? ....THE DELUGE!
NO ONE TO BUYLONG! AND NO SHORTS TO FORCE TO COVER...
THE PERFECT STORM...!
P.S. And of course remember you heard it here first...
The beauty of this scenario is that it doesn't require the FED to "go insane" on inflation...
And better, it provides a micro, not a macro, explanation of recent events...which is always the good choice on Wall Street; which has devolved into a "trading" market...not an "investing" market...
BONDS DROP ON NEW HYPERINFLATION FEARS!
MASSIVE BEAR MARKET IN BONDS LOOMS... WHAT'S WRONG WITH THESE PEOPLE...?
OF COURSE MANY ARE CENTRAL BANKS STUCK WITH LARGE US BOND HOLDINGS THAT THEY ARE AFRAID TO SELL...
BUT WHEN THE INEVITABLE IS FINALLY OBVIOUS IT SEEMS THAT SOME ACTION IS REQUIRED...
OF COURSE MANY ARE CENTRAL BANKS STUCK WITH LARGE US BOND HOLDINGS THAT THEY ARE AFRAID TO SELL...
BUT WHEN THE INEVITABLE IS FINALLY OBVIOUS IT SEEMS THAT SOME ACTION IS REQUIRED...
GOLD SOARS! DOLLAR PLUNGES! BERNANKE'S HYPERINFLATION KICKS IN!!
CAN YOU SAY: "HYPER-INFLATION?"
IT WAS REALLY INEVITABLE...IF YOU THINK ABOUT IT... THEY HAD NOWHERE ELSE TO GO...
HIGHER RATES...? I DON'T THINK SO...
THE HYPER-INFLATION ROUTE WAS THE ONLY "SOCIALLY ACCEPTABLE" WAY TO GO... THEY KNOW THE DOLLAR IS FINISHED...BRETTON WOODS IS HISTORY...THIS IS NOT THE 1970's WHEN A RATE HIKE WOULD STILL "WORK"...THE CORRECT "ECONOMIC" YEAR MIGHT BETTER BE 1919...!
PREDICTION:
DOW 18,000 BY THE END OF THE YEAR...
THE DOLLAR AT 175 ON THE EURO...
GOLD AT $950
OIL AT $98...
AND GAS IN THE US $4 PER GALLON BY LABOR DAY.
WELCOME TO THE WIEMAR REPUBLIC 21st CENTURY STYLE!
WE ARE "SOLVING" THE PROBLEM THE OLD FASHION WAY...WITH AN OLD STYLE HYPER INFLATION!!
NOTHING CAN STOP IT NOW...THE ONLY WAY OUT OF THE PERMA-BUBBLE MINDSET IS WITH A HYPERINFLATION...
THE US TRADE DEFICIT IS EXACTLY LIKE THE REPARATIONS THAT GERMANY WAS FORCED TO PAY AFTER WWI...
THIS IS 1919 REDUX!! THE DIE IS CAST....THE TREND IS SET...
AND NO! INTERNATIONAL CAPITAL DOES NOT CARE WHAT "HAPPENS" TO THE US... THEY HAVE BEEN PLANNING THEIR DEPARTURE FOR DECADES... AND THE NEOCONS WERE SIMPLY THEIR "ENABLERS"....
IT WAS REALLY INEVITABLE...IF YOU THINK ABOUT IT... THEY HAD NOWHERE ELSE TO GO...
HIGHER RATES...? I DON'T THINK SO...
THE HYPER-INFLATION ROUTE WAS THE ONLY "SOCIALLY ACCEPTABLE" WAY TO GO... THEY KNOW THE DOLLAR IS FINISHED...BRETTON WOODS IS HISTORY...THIS IS NOT THE 1970's WHEN A RATE HIKE WOULD STILL "WORK"...THE CORRECT "ECONOMIC" YEAR MIGHT BETTER BE 1919...!
PREDICTION:
DOW 18,000 BY THE END OF THE YEAR...
THE DOLLAR AT 175 ON THE EURO...
GOLD AT $950
OIL AT $98...
AND GAS IN THE US $4 PER GALLON BY LABOR DAY.
WELCOME TO THE WIEMAR REPUBLIC 21st CENTURY STYLE!
WE ARE "SOLVING" THE PROBLEM THE OLD FASHION WAY...WITH AN OLD STYLE HYPER INFLATION!!
NOTHING CAN STOP IT NOW...THE ONLY WAY OUT OF THE PERMA-BUBBLE MINDSET IS WITH A HYPERINFLATION...
THE US TRADE DEFICIT IS EXACTLY LIKE THE REPARATIONS THAT GERMANY WAS FORCED TO PAY AFTER WWI...
THIS IS 1919 REDUX!! THE DIE IS CAST....THE TREND IS SET...
AND NO! INTERNATIONAL CAPITAL DOES NOT CARE WHAT "HAPPENS" TO THE US... THEY HAVE BEEN PLANNING THEIR DEPARTURE FOR DECADES... AND THE NEOCONS WERE SIMPLY THEIR "ENABLERS"....
DOLLAR PLUNGE CONTINUES... INVESTORS DON'T BUY THE MOONSHOT DOW!
THE INTERNATIONAL INVESTING COMMUNITY APPARENTLY IS NOT BUYING INTO THE DOW MOONSHOT SCENARIO THAT IS BEING PUT UP BY THE FED AND THE MARKET MASTERS...
SEEMINGLY IN SOME KIND OF BIZZARO ATTEMPT TO "PROVE" THAT THEY CAN DO A "BUBBLES FOREVER" ECONOMY WITH A LOWER DOLLAR...!
STILL AS LONG AS THE DOLLAR KEEPS PLUNGING...THE DOW CAN "BE WORTH" MORE DOLLARS!!
A PYRRHIC VICTORY PERHAPS...BUT AMERICANS WILL NEVER NOTICE...UNTIL THEY GO TO THE GAS PUMPS...!
SEEMINGLY IN SOME KIND OF BIZZARO ATTEMPT TO "PROVE" THAT THEY CAN DO A "BUBBLES FOREVER" ECONOMY WITH A LOWER DOLLAR...!
STILL AS LONG AS THE DOLLAR KEEPS PLUNGING...THE DOW CAN "BE WORTH" MORE DOLLARS!!
A PYRRHIC VICTORY PERHAPS...BUT AMERICANS WILL NEVER NOTICE...UNTIL THEY GO TO THE GAS PUMPS...!
MOONSHOT! THE HAPPINESS NEVER ENDS!
MOONSHOT!
Dont' try to explain it...
It defies rational thinking...!
Dont' try to explain it...
It defies rational thinking...!
NEGATIVE EQUITY IN MC MANSION LAND...
The notion that cheap sub prime homes are in trouble is simply not true... Cheap houses are easy to sell to America's low wage workers...who are a big part of the economy now...
Where the trouble is is with the Mc Mansion Subdivisions...
These overpriced homes were recently purchased during the bubble daze...and they now suffer from an almost total collapse of qualified buyers. Mc Mansion prices are plunging as a result.
The real truth about housing foreclosures is yet to be told...but it's coming. Perhaps this summer.
Where the trouble is is with the Mc Mansion Subdivisions...
These overpriced homes were recently purchased during the bubble daze...and they now suffer from an almost total collapse of qualified buyers. Mc Mansion prices are plunging as a result.
The real truth about housing foreclosures is yet to be told...but it's coming. Perhaps this summer.
WALL STREET SAYS: DON'T WORRY...BE HAPPY!
This stock market is in a crazy, out of touch, world all it's own...
Hmmm....sort of like those school shooters...we read about.
The market will drop when the market masters say it will drop...and nothing can change that...
Right now the market masters have some stock to distribute...and nothing is going to stop them... I would'nt even venture a guess when the averages will decline next...
Who knows...maybe never...if the dollar goes to 1000 on the Euro...it's doable...
Of course having a high stock market that's priced in a weak currency is not a real gain...but who cares...especially at this point?
Everyone in America is in LaLa Land nowadays...
Hmmm....sort of like those school shooters...we read about.
The market will drop when the market masters say it will drop...and nothing can change that...
Right now the market masters have some stock to distribute...and nothing is going to stop them... I would'nt even venture a guess when the averages will decline next...
Who knows...maybe never...if the dollar goes to 1000 on the Euro...it's doable...
Of course having a high stock market that's priced in a weak currency is not a real gain...but who cares...especially at this point?
Everyone in America is in LaLa Land nowadays...
NBC MAKES V-TECH SHOOTER INTO AN EMO HERO!
Has NBC made the V-Tech shooter into a folk hero for America's angry youth?
A hero of the Emo Generation...?
And a role model for the Young American "Goth Nation...?"
My hunch is yes... The next crazed young gunman will likely use the V-tech killer as his model..."multimedia press package" and all!
After all this is the YouTube generation...
I was in Salt Lake City shortly after the young Utah Muslim shot up the mall there...killing 6 people...
And while having a coffee at Sam Wellers one day....I could not help noticing how many young Utahans are into the Goth and Emo culture and way of dress...
My understanding of the Salt Lake case was that the shooter was dressed in the trade mark long black trench coat...etc etc...that is so common among youth who are living on the "dark side..."
By humanizing the V-Tech shooter...NBC has make him into an object of sympathy for some...and ominously a role model for others...
I don't criticize NBC for their actions... The right to know the news trumps the right of the government to put out only happy face propaganda...
Perhaps American "sensibilities" are being protected too much from the harsh realities of the truth...
No matter how hard that truth is to understand...or square with the "official mythology" in the mainstream media...
A hero of the Emo Generation...?
And a role model for the Young American "Goth Nation...?"
My hunch is yes... The next crazed young gunman will likely use the V-tech killer as his model..."multimedia press package" and all!
After all this is the YouTube generation...
I was in Salt Lake City shortly after the young Utah Muslim shot up the mall there...killing 6 people...
And while having a coffee at Sam Wellers one day....I could not help noticing how many young Utahans are into the Goth and Emo culture and way of dress...
My understanding of the Salt Lake case was that the shooter was dressed in the trade mark long black trench coat...etc etc...that is so common among youth who are living on the "dark side..."
By humanizing the V-Tech shooter...NBC has make him into an object of sympathy for some...and ominously a role model for others...
I don't criticize NBC for their actions... The right to know the news trumps the right of the government to put out only happy face propaganda...
Perhaps American "sensibilities" are being protected too much from the harsh realities of the truth...
No matter how hard that truth is to understand...or square with the "official mythology" in the mainstream media...
Thursday, April 19, 2007
DOW WILL RALLY LATER TODAY...THE MOONSHOT LIVES!
THE US MARKET MUST DETACH FROM THE REALITY OF THE GLOBAL ECONOMY... ANY DECLINE NOW WOULD PIERCE THE BUBBLE...AND THE CONSEQUENCES COULD BE VERY BAD... ABSOLUTELY NO BAD NEWS IS ALLOWED ON WALL STREET THESE DAYS...MOONSHOT FOREVER!
AMERICANS "SPENDING" THEIR HAPPINESS...
IT'S EASY TO BE HAPPY AS LONG AS THE CREDIT CARD IS STILL GOING THROUGH...
"Only the consumer sector, buoyed by income growth and positive attitudes, remains a strong point in the economic picture."
"Only the consumer sector, buoyed by income growth and positive attitudes, remains a strong point in the economic picture."
CARRY TRADE CURRENCY CHAOS...
DID ANYONE THINK THAT THE CARRY TRADES WOULD LAST FOREVER...?
OR IS THE FED/WALL STREET THINKING SO SHORT TERM NOWADAYS THAT IT DOESN'T REALLY MATTER...
INTERNATIONAL CAPITAL MAY FINALLY DUMP THE STUPID AMERICANS AND MOVE ON TO ASIA OR EUROLAND...
THEY'LL LET THE AMERICANS WALLOW IN THE INCREDIBLE MESS THAT FREE TRADE, BUBBLES AND CARRY TRADES HAVE CREATED...
THIS COMES FROM HAVING A CENTRAL BANK MONETARY POLICY "AS IF" MAIN STREET DOESN'T MATTER...
IT DOES. AND IT WILL... ALAS, PROBABLY TOO LATE...
IT'S PRETTY MUCH OVER FOR THE DOLLAR EXCEPT FOR THE SCREAMING WHEN THE PUBLIC FINDS OUT THAT THEY HAVE BEEN DUPED AND DUMPED BY INTERNATIONAL CAPITAL...
WHERE'S JESUS WHEN YOU REALLY NEED HIM...?
ALAS, I FEAR THAT JESUS HAS LEFT THE BUILDING...
OR IS THE FED/WALL STREET THINKING SO SHORT TERM NOWADAYS THAT IT DOESN'T REALLY MATTER...
INTERNATIONAL CAPITAL MAY FINALLY DUMP THE STUPID AMERICANS AND MOVE ON TO ASIA OR EUROLAND...
THEY'LL LET THE AMERICANS WALLOW IN THE INCREDIBLE MESS THAT FREE TRADE, BUBBLES AND CARRY TRADES HAVE CREATED...
THIS COMES FROM HAVING A CENTRAL BANK MONETARY POLICY "AS IF" MAIN STREET DOESN'T MATTER...
IT DOES. AND IT WILL... ALAS, PROBABLY TOO LATE...
IT'S PRETTY MUCH OVER FOR THE DOLLAR EXCEPT FOR THE SCREAMING WHEN THE PUBLIC FINDS OUT THAT THEY HAVE BEEN DUPED AND DUMPED BY INTERNATIONAL CAPITAL...
WHERE'S JESUS WHEN YOU REALLY NEED HIM...?
ALAS, I FEAR THAT JESUS HAS LEFT THE BUILDING...
CHINA IS AN ECONOMIC BLACK HOLE...!
CHINA IS SUCKING EVERYTHING INTO IT'S BLACK HOLE ECONOMY...
WORSE THE US FED IS FINANCING THE ENTIRE DEAL WITH IT'S HYPER-EASY MONEY POLICIES...
THE PROBLEM IS THAT THE US DOLLAR WILL NEVER BENEFIT FROM THIS...AND THE US ECONOMY WILL SUFFER MIGHTILY...
BUT DOES THE FED PROTECT THE US ECONOMY...OR INTERNATIONAL CAPITAL?
OBVIOUSLY THE ANSWER IS INTERNATIONAL CAPITAL...
HOW ELSE COULD ANYONE JUSTIFY WHAT THE FED HAS DELIBERATELY DONE TO THE US MACROECONOMIC STATUS IN THE GLOBAL ECONOMY...
THE FED IS NOT THE FRIEND OF ORDINARY AMERICANS...IT HAS BEEN FINANCING THE DESTRUCTION OF THE US ECONOMY FOR DECADES...AND NOW THOSE CHICKENS ARE COMING HOME TO ROOST...
THE FALLACY OF FREE TRADE HAS TRASHED THE AMERICAN ECONOMY...
AND A LOT SOONER THAT MANY ON WALL STREET THOUGHT...
THE UNFORTUNATE THING IS THAT THIS PROCESS MAY BE UNSTOPPABLE AND IRREVERSIBLE NOW...
OR, TO PUT IT ANOTHER SIMPLER WAY:
"AMERICAN FACTORIES" AIN'T COMIN' BACK...EVER!
UNDERSTAND....? NOW, EXPLAIN THAT TO THE AMERICAN PUBLIC... BECAUSE MORE JESUS AND MORE WAR ONLY BUYS YOU TIME...
IT DOESN'T SOLVE THE PROBLEM...
WORSE THE US FED IS FINANCING THE ENTIRE DEAL WITH IT'S HYPER-EASY MONEY POLICIES...
THE PROBLEM IS THAT THE US DOLLAR WILL NEVER BENEFIT FROM THIS...AND THE US ECONOMY WILL SUFFER MIGHTILY...
BUT DOES THE FED PROTECT THE US ECONOMY...OR INTERNATIONAL CAPITAL?
OBVIOUSLY THE ANSWER IS INTERNATIONAL CAPITAL...
HOW ELSE COULD ANYONE JUSTIFY WHAT THE FED HAS DELIBERATELY DONE TO THE US MACROECONOMIC STATUS IN THE GLOBAL ECONOMY...
THE FED IS NOT THE FRIEND OF ORDINARY AMERICANS...IT HAS BEEN FINANCING THE DESTRUCTION OF THE US ECONOMY FOR DECADES...AND NOW THOSE CHICKENS ARE COMING HOME TO ROOST...
THE FALLACY OF FREE TRADE HAS TRASHED THE AMERICAN ECONOMY...
AND A LOT SOONER THAT MANY ON WALL STREET THOUGHT...
THE UNFORTUNATE THING IS THAT THIS PROCESS MAY BE UNSTOPPABLE AND IRREVERSIBLE NOW...
OR, TO PUT IT ANOTHER SIMPLER WAY:
"AMERICAN FACTORIES" AIN'T COMIN' BACK...EVER!
UNDERSTAND....? NOW, EXPLAIN THAT TO THE AMERICAN PUBLIC... BECAUSE MORE JESUS AND MORE WAR ONLY BUYS YOU TIME...
IT DOESN'T SOLVE THE PROBLEM...
SUPREMES THROW SOP TO RELIGIOUS RIGHT
AT LEAST NO ONE CAN SAY THE SUPREMES HAVEN'T DONE ANYTHING FOR THE RELIGIOUS RIGHT...
BUT IT COULD BE A HOLLOW VICTORY FOR THE JESUS CROWD...AS THE FEMINIST WASP NEST HAS BEEN KICKED... FEMINIST LIBERALS COULD BE MORE ENERGIZED THAN EVER...
THIS RULING COULD BE THE POLTICAL EQUIVALENT OF THE MASS COURT LEGALIZING GAY MARRIAGE ON THE EVE OF KERRY'S RUN FOR PRESIDENT...
BUT IT COULD BE A HOLLOW VICTORY FOR THE JESUS CROWD...AS THE FEMINIST WASP NEST HAS BEEN KICKED... FEMINIST LIBERALS COULD BE MORE ENERGIZED THAN EVER...
THIS RULING COULD BE THE POLTICAL EQUIVALENT OF THE MASS COURT LEGALIZING GAY MARRIAGE ON THE EVE OF KERRY'S RUN FOR PRESIDENT...
GRIEVE FAST: FLUFF NEWS LOOMS...
The V-Tech story has had it's 15 minutes of fame, and it will be dropped fast by the mainstream US media...
It appears that Cho's "manifesto" was an attempt to make him into a "social terrorist"...in the mold of the Unabomber and the Oklahoma City Duo...
This is never allowed in the US media....
The tradition of quickly silencing "social terrorists" goes back to the old labor/anarchist radicals of the 1880's...
But if Cho had been a Muslim or Arab...it might be different....?
Anyway, Grieve Fast V-Tech...
Fluff News is returning...! And it will be very fluffy indeed...after this unpleasantness.
There is also an awareness in the US media that young "copy cats" could be spawned from any excessive coverage of Cho's "publicity package" sent to NBC...which was probably a first for a mass murderer...
But this is the Internet Age afterall...
This story is effectively over...
It appears that Cho's "manifesto" was an attempt to make him into a "social terrorist"...in the mold of the Unabomber and the Oklahoma City Duo...
This is never allowed in the US media....
The tradition of quickly silencing "social terrorists" goes back to the old labor/anarchist radicals of the 1880's...
But if Cho had been a Muslim or Arab...it might be different....?
Anyway, Grieve Fast V-Tech...
Fluff News is returning...! And it will be very fluffy indeed...after this unpleasantness.
There is also an awareness in the US media that young "copy cats" could be spawned from any excessive coverage of Cho's "publicity package" sent to NBC...which was probably a first for a mass murderer...
But this is the Internet Age afterall...
This story is effectively over...
Wednesday, April 18, 2007
US DOLLAR IS IN CRITICAL CONDITION...
THE US DOLLAR SEEMS TO HAVE HIT THE GUARD RAIL AT 90 MILES PER HOUR...!
AND AMAZINGLY...THE WALL STREET TOUTS ARE SAYING THAT THE FED MUST LOWER RATES! BECAUSE OF THE WEAK UNDERLYING ECONOMY...CAUSED BY THE INFLATIONARY WEAK DOLLAR...!
GO FIGURE...
BERNANKE WILL BE RAISING RATES TO SAVE THE DOLLAR BEFORE THE SUMMER IS OVER...AND WALL STREET BE DAMNED!
THAT'S THE WAY IT WORKED IN THE 70's AND WE ARE SIMPLY LETTING HISTORY REPEAT TODAY...
AND AMAZINGLY...THE WALL STREET TOUTS ARE SAYING THAT THE FED MUST LOWER RATES! BECAUSE OF THE WEAK UNDERLYING ECONOMY...CAUSED BY THE INFLATIONARY WEAK DOLLAR...!
GO FIGURE...
BERNANKE WILL BE RAISING RATES TO SAVE THE DOLLAR BEFORE THE SUMMER IS OVER...AND WALL STREET BE DAMNED!
THAT'S THE WAY IT WORKED IN THE 70's AND WE ARE SIMPLY LETTING HISTORY REPEAT TODAY...
AMERICA'S VERY ANGRY YOUTH...
I suspect that many young Americans realize that they don't have the same opportunities that prior generations had...
The off shoring of millions of "living wage" American jobs...both unskilled and skilled...is proceeding apace.
The last 20 years of Republican Greed and Free Trade have not been a boon to the American Working Class...and I suspect that everyone would agree with that...
Hence, this great anger among American youth... Sort of reminds me of stories of Berlin in the 20's...
The Goth culture... The Emos... Rap Music... The Tribalism... The sense that there is no future for you...unless you are part of an established elite...
I really don't think these school shooters are crazy...they seem to be very very angry and lack the coping mechanisms that older people develop... And ominously I suspect there are millions of them!
What is needed are new leaders in Washington, like Obama perhaps, who can openly recognize the plight of the American working classes...and admit to the problems caused by Free Trade; and the dominant "secret" role of Global Capital in looting the US economy over the last 20 years...
The off shoring of millions of "living wage" American jobs...both unskilled and skilled...is proceeding apace.
The last 20 years of Republican Greed and Free Trade have not been a boon to the American Working Class...and I suspect that everyone would agree with that...
Hence, this great anger among American youth... Sort of reminds me of stories of Berlin in the 20's...
The Goth culture... The Emos... Rap Music... The Tribalism... The sense that there is no future for you...unless you are part of an established elite...
I really don't think these school shooters are crazy...they seem to be very very angry and lack the coping mechanisms that older people develop... And ominously I suspect there are millions of them!
What is needed are new leaders in Washington, like Obama perhaps, who can openly recognize the plight of the American working classes...and admit to the problems caused by Free Trade; and the dominant "secret" role of Global Capital in looting the US economy over the last 20 years...
EXTREME COMPLACENCY...DOW WILL RISE UNTIL IT FALLS...
Very little can stop the markets now... This is a MoMo market unlike anything we've seen since the DotCom Bubble of 1999.
When the fall comes...it will be quick...and deep... That's the risk in playing ANY Momentum Market...
Additionally, there will NOT likely be a quick recovery...because many macroeconomic factors are coming to the foreground...the Dollar being the most important...
WHEN THE FALL COMES IT WILL BE BASED ON MACROECONOMICS...NOT ON THE MARKET HYPE...
BUT FOR NOW....THE "MOONSHOT" IS IN PLACE...
When the fall comes...it will be quick...and deep... That's the risk in playing ANY Momentum Market...
Additionally, there will NOT likely be a quick recovery...because many macroeconomic factors are coming to the foreground...the Dollar being the most important...
WHEN THE FALL COMES IT WILL BE BASED ON MACROECONOMICS...NOT ON THE MARKET HYPE...
BUT FOR NOW....THE "MOONSHOT" IS IN PLACE...
V-TECH KILLER LEFT PRESS RELEASE...!
The plot thickens in the V-Tech massacre...
It's interesting that foreigners seem to be committing these mass murders with increasing frequency...
In Salt Lake City, earlier this year, it was a Bosnian Muslim youth that did the mall shooting there.
There is so much hatred of the US overseas that we might consider these incidents as politically motivated "terrorist attacks"...
The Iraq War mentality of violence seems to have infected many people...especially young males.
These are not merely actions by sick deranged or mentally ill people...
The narissism of American youth is cited as a factor...
As well as the wide spread use of very violent video games, and negative Rap Music by this age group...
I would also blame the way the US government and economy is currently structured...with money and politics so important.
Many people could be losing hope that any "fairness" is possible now...
Hopefully a new
Democratic administration in Washington will restore that
sense of substantial fairness
that has been lost in America for years under Republican Greed and Looting...
It's interesting that foreigners seem to be committing these mass murders with increasing frequency...
In Salt Lake City, earlier this year, it was a Bosnian Muslim youth that did the mall shooting there.
There is so much hatred of the US overseas that we might consider these incidents as politically motivated "terrorist attacks"...
The Iraq War mentality of violence seems to have infected many people...especially young males.
These are not merely actions by sick deranged or mentally ill people...
The narissism of American youth is cited as a factor...
As well as the wide spread use of very violent video games, and negative Rap Music by this age group...
I would also blame the way the US government and economy is currently structured...with money and politics so important.
Many people could be losing hope that any "fairness" is possible now...
Hopefully a new
Democratic administration in Washington will restore that
sense of substantial fairness
that has been lost in America for years under Republican Greed and Looting...
US NEEDS TO GIVE UP ON "MYTH" OF IRAQ...
IRAQ DOESN'T EXIST ANYMORE... IT WAS A CONSTRUCT OF POST WAR COLONIALISTS AFTER WWI.
THE GLOOM AND DOOM SCENARIOS ABOUT A US WITHDRAWAL ARE PROBABLY OVER BLOWN...
MY HUNCH IS THAT THE REGIONAL POWERS WILL DIVIDE UP THE OLD IRAQ RATHER QUICKLY...AND A NEW STABLITY WILL BE ACHIEVED.
THE REAL PROBLEM IS THAT THE US AND ISRAEL ARE SO HATED IN THE REGION THAT THEY WILL NEVER BE ALLOWED TO PLAY A BIG PART IN ANY DE-CONSTRUCTION OF OLD IRAQ...
THERE WILL BE SPHERES OF INFLUENCE IN THE NEW IRAQ... A DEFACTO OR EVEN DEJURE KURDISTAN...WHICH IS ACTUALLY THE EASY PART...
AND A SUNNI SECTOR DOMINATED BY SYRIA, JORDAN AND THE HOUSE OF SAUD...
WITH AN INDEPENTANT SHIA SECTOR UNDER THE INFLUENCE OF IRAN...BUT TOTALLY INDEPENDANT OF IRAN...
PERHAPS IT WILL DEVOLVE LIKE THIS:
1. INDEPENDANT KURDISTAN: WITH US MILITARY BASES EMBEDDED TO PROTECT TURKEY.
2. INDEPENDANT SHIASTAN.
3. FINALLY, SOMETHING CALLED "NEW IRAQ"...BEING THE SUNNI REMNANT OF SADDAM'S OLD IRAQ.
THIS TYPE OF SOLUTION IS NOT UNHEARD OF...IT WAS USED IN LEBANON FOR YEARS WITH GOOD SUCCESS...DURING THE SYRIAN "INFLUENCE" IN THAT COUNTRY....AND REMEMBER IT DID STOP THAT "CIVIL WAR!"
THE GLOOM AND DOOM SCENARIOS ABOUT A US WITHDRAWAL ARE PROBABLY OVER BLOWN...
MY HUNCH IS THAT THE REGIONAL POWERS WILL DIVIDE UP THE OLD IRAQ RATHER QUICKLY...AND A NEW STABLITY WILL BE ACHIEVED.
THE REAL PROBLEM IS THAT THE US AND ISRAEL ARE SO HATED IN THE REGION THAT THEY WILL NEVER BE ALLOWED TO PLAY A BIG PART IN ANY DE-CONSTRUCTION OF OLD IRAQ...
THERE WILL BE SPHERES OF INFLUENCE IN THE NEW IRAQ... A DEFACTO OR EVEN DEJURE KURDISTAN...WHICH IS ACTUALLY THE EASY PART...
AND A SUNNI SECTOR DOMINATED BY SYRIA, JORDAN AND THE HOUSE OF SAUD...
WITH AN INDEPENTANT SHIA SECTOR UNDER THE INFLUENCE OF IRAN...BUT TOTALLY INDEPENDANT OF IRAN...
PERHAPS IT WILL DEVOLVE LIKE THIS:
1. INDEPENDANT KURDISTAN: WITH US MILITARY BASES EMBEDDED TO PROTECT TURKEY.
2. INDEPENDANT SHIASTAN.
3. FINALLY, SOMETHING CALLED "NEW IRAQ"...BEING THE SUNNI REMNANT OF SADDAM'S OLD IRAQ.
THIS TYPE OF SOLUTION IS NOT UNHEARD OF...IT WAS USED IN LEBANON FOR YEARS WITH GOOD SUCCESS...DURING THE SYRIAN "INFLUENCE" IN THAT COUNTRY....AND REMEMBER IT DID STOP THAT "CIVIL WAR!"
ALL MOMO ON DISMAL MACROS...
THE DOW IS GETTING INTERESTING... IT'S ALL MOMO NOW...BECAUSE WHAT GOES UP FOR A LONG TIME...IS ASSUMED TO CONTINUE TO GO UP...
UNTIL OF COURSE IT GOES DOWN...AND RATHER QUICKLY...PROVIDING A "BUYING OPPORTUNITY" IF YOU BUY INTO THE NARRATIVE....
BUT THE RECIEVED NARRATIVE HAS SOME SERIOUS MACRO ECONOMIC CHALLENGES...AS YET UNRESOLVED. NAMELY THE DOLLAR, GOLD AND OIL...WHICH YOU NEVER HEAR DISCUSSED IN THE FINANCIAL PRESS OR EVEN IN KONGRESS OR BY THE FED...
THE FED ALWAYS USES "CODE WORDS" FOR THE DOLLAR...LIKE "STRONG LABOR MARKETS" OR "INFLATION"....AS IF...THE CONSUMER WERE TO BLAME FOR THE PROBLEMS
AND NOT THE FED'S OWN PRINTING PRESSES WHICH HAVE BEEN RUNNING OVERTIME TO FEED THE MARKET SPECULATORS AND INTERNATIONAL CAPITAL AND MAINTAIN THE VARIOUS AND SUNDRY "BUBBLES" AND CARRY TRADES...!
UNTIL OF COURSE IT GOES DOWN...AND RATHER QUICKLY...PROVIDING A "BUYING OPPORTUNITY" IF YOU BUY INTO THE NARRATIVE....
BUT THE RECIEVED NARRATIVE HAS SOME SERIOUS MACRO ECONOMIC CHALLENGES...AS YET UNRESOLVED. NAMELY THE DOLLAR, GOLD AND OIL...WHICH YOU NEVER HEAR DISCUSSED IN THE FINANCIAL PRESS OR EVEN IN KONGRESS OR BY THE FED...
THE FED ALWAYS USES "CODE WORDS" FOR THE DOLLAR...LIKE "STRONG LABOR MARKETS" OR "INFLATION"....AS IF...THE CONSUMER WERE TO BLAME FOR THE PROBLEMS
AND NOT THE FED'S OWN PRINTING PRESSES WHICH HAVE BEEN RUNNING OVERTIME TO FEED THE MARKET SPECULATORS AND INTERNATIONAL CAPITAL AND MAINTAIN THE VARIOUS AND SUNDRY "BUBBLES" AND CARRY TRADES...!
THE GOLD BASHING SEEMS TEPID...
WHERE ARE THE GOLD GNOMES?
THE MARKET MASTERS DON'T SEEM TO HAVE THEIR STORY STRAIGHT YET... WITH SUCKER SEASON OVER A NEW NARRATIVE HAS TO BE CONSTRUCTED TO "DEFINE" THE COMING SPRING AND SUMMER TRADING...
HENCE, THIS WHIPPY MARKET TODAY...WHILE THE BIG MONEY DECIDES ON THE "NEXT STORY" TO DEFINE THEIR FINANCIAL UNIVERSE...
WILL IT BE THE USUAL "HAPPY DAZE"
OR SOMETHING MORE GRIM...LIKE BUY GOLD AS HAPPENED LAST SPRING...?
THE MARKET MASTERS DON'T SEEM TO HAVE THEIR STORY STRAIGHT YET... WITH SUCKER SEASON OVER A NEW NARRATIVE HAS TO BE CONSTRUCTED TO "DEFINE" THE COMING SPRING AND SUMMER TRADING...
HENCE, THIS WHIPPY MARKET TODAY...WHILE THE BIG MONEY DECIDES ON THE "NEXT STORY" TO DEFINE THEIR FINANCIAL UNIVERSE...
WILL IT BE THE USUAL "HAPPY DAZE"
OR SOMETHING MORE GRIM...LIKE BUY GOLD AS HAPPENED LAST SPRING...?
SUCKER FLUSH KICKING IN...
WITH THE TAX FILING DEADLINE OVER... AND THE MARKET MASTERS HAVING ENGINEERED A HUGH SUCKER RALLY...
IT WOULD BE APPROPRIATE FOR A LITTLE "SUCKER FLUSH" TO KICK IN ABOUT NOW.
OF COURSE THE MEDIA WILL CALL IT PROFIT TAKING OR AN OVERBOUGHT CONDITION... ANYTHING TO MAKE IT LOOK BENEIGN AND NON THREATENING TO THE RECENT RETAIL BUYERS WHO "GOT IN AT THE TOP" LIKE THEY ARE SUPPOSED TO DO...
THE REAL DEAL HOWEVER IS THE DISMAL MACROECONOMIC PICTURE...THE DOLLAR, GOLD, OIL...
ANY ONE COMPANIES "EARNINGS" CAN BE MANAGED BY CREATIVE ACCOUNTING...AND THIS TOTAL DEPENDANCE ON FINANCIAL SERVICES AND INVESTMENT BANKING TO PROVIDE THE NARRATIVE FOR WHAT'S REALLY HAPPENING IN THE US ECONOMY IS JUST A LITTLE NUTS...
WHY NOT LOOK TO RETAILING, HOUSING AND MANUFACTURING TO PROVIDE THAT NARRATIVE? OF COURSE THE DOW WOULD BE AT 11,000 AND FALLING FAST IF THAT WERE THE CASE...!
SELL IN MAY AND GO FAR AWAY....NOW MORE THAN EVER!
OR WILL THE STREET JUST BUY OIL AND CHEER ABOUT $4 GAS...? ANYTHING IS POSSIBLE IN THESE CORRUPTED TIMES...
IT WOULD BE APPROPRIATE FOR A LITTLE "SUCKER FLUSH" TO KICK IN ABOUT NOW.
OF COURSE THE MEDIA WILL CALL IT PROFIT TAKING OR AN OVERBOUGHT CONDITION... ANYTHING TO MAKE IT LOOK BENEIGN AND NON THREATENING TO THE RECENT RETAIL BUYERS WHO "GOT IN AT THE TOP" LIKE THEY ARE SUPPOSED TO DO...
THE REAL DEAL HOWEVER IS THE DISMAL MACROECONOMIC PICTURE...THE DOLLAR, GOLD, OIL...
ANY ONE COMPANIES "EARNINGS" CAN BE MANAGED BY CREATIVE ACCOUNTING...AND THIS TOTAL DEPENDANCE ON FINANCIAL SERVICES AND INVESTMENT BANKING TO PROVIDE THE NARRATIVE FOR WHAT'S REALLY HAPPENING IN THE US ECONOMY IS JUST A LITTLE NUTS...
WHY NOT LOOK TO RETAILING, HOUSING AND MANUFACTURING TO PROVIDE THAT NARRATIVE? OF COURSE THE DOW WOULD BE AT 11,000 AND FALLING FAST IF THAT WERE THE CASE...!
SELL IN MAY AND GO FAR AWAY....NOW MORE THAN EVER!
OR WILL THE STREET JUST BUY OIL AND CHEER ABOUT $4 GAS...? ANYTHING IS POSSIBLE IN THESE CORRUPTED TIMES...
DOLLAR WILL PLUNGE ON RATE CUT HYPE...
IT'S THE TALE OF TWO ECONOMIES NOW... DOLLAR DOWN
AND BONDS UP ON RATE CUT HYPE...
AMAZINGLY, WE HAVE TO TOTALLY SEPERATE NARRATIVES ABOUT WHAT'S REALLY HAPPENING...
AND WALL STREET CAN PICK AND CHOOSE WHICH NARRATIVE IT WANTS TO SUPPORT THE RALLY DU JOUR! OR THE DECLINE OF THE MOMENT.
NET-NET THIS IS A COLLAPSE SCENARIO HOWEVER... AT MAJOR INFLEXION POINTS THERE ARE ALWAYS CONFLICTING CURRENTS PROVIDED FOR EVERY POSSIBLE OUTCOME...
THIS IS HOW THE DOTCOM BUBBLE ENDED IN 1999...NOT WITH A BANG BUT WITH MASSIVE CONFUSION AND A SLOW MOVEMENT TOWARD THE INEVITABLE...
TWO STEPS FORWARD...WHICH ARE HYPED IN THE PRESS...AND THREE STEPS BACK WHICH ARE USUALLY VERY QUICK AND IGNORED BY THE MEDIA...
RESULT: YOUR PORTFOLIO HAS A 30% DECLINE AT THE END OF THE QUARTER...AND YOU CAN'T REALLY PIN POINT WHERE OR HOW IT HAPPEN.
IN SHORT THE 2000 CRASH REDUX!
AND BONDS UP ON RATE CUT HYPE...
AMAZINGLY, WE HAVE TO TOTALLY SEPERATE NARRATIVES ABOUT WHAT'S REALLY HAPPENING...
AND WALL STREET CAN PICK AND CHOOSE WHICH NARRATIVE IT WANTS TO SUPPORT THE RALLY DU JOUR! OR THE DECLINE OF THE MOMENT.
NET-NET THIS IS A COLLAPSE SCENARIO HOWEVER... AT MAJOR INFLEXION POINTS THERE ARE ALWAYS CONFLICTING CURRENTS PROVIDED FOR EVERY POSSIBLE OUTCOME...
THIS IS HOW THE DOTCOM BUBBLE ENDED IN 1999...NOT WITH A BANG BUT WITH MASSIVE CONFUSION AND A SLOW MOVEMENT TOWARD THE INEVITABLE...
TWO STEPS FORWARD...WHICH ARE HYPED IN THE PRESS...AND THREE STEPS BACK WHICH ARE USUALLY VERY QUICK AND IGNORED BY THE MEDIA...
RESULT: YOUR PORTFOLIO HAS A 30% DECLINE AT THE END OF THE QUARTER...AND YOU CAN'T REALLY PIN POINT WHERE OR HOW IT HAPPEN.
IN SHORT THE 2000 CRASH REDUX!
US ECONOMY: ALL INVESTMENT BANKING?
With money concentrating in the banks and insurance companies...and among the American super wealthy classes...it will be impossible for the Dow to drop too far.
The problem is that there is an economy outside of the financial services sector... Financial services are being hyper inflated by the FED policy of printing money with reckless abandon. That is really what the decline in the dollar is all about...
So while the banks "profits" soar...the dollar plunges...and the printing presses keep rolling
The only historical example of this is the Weimar Republic in Germany in the early 1920's!
THE FED SIMPLY CAN NOT PRINT MONEY FOR THE BANKS AND FINANCIAL SERVICES SECTOR WITHOUT CAUSING CONSEQUENCES IN THE GENERAL ECONOMY SOONER OR LATER...
THAT'S WHERE WE ARE AT NOW...
The problem is that there is an economy outside of the financial services sector... Financial services are being hyper inflated by the FED policy of printing money with reckless abandon. That is really what the decline in the dollar is all about...
So while the banks "profits" soar...the dollar plunges...and the printing presses keep rolling
The only historical example of this is the Weimar Republic in Germany in the early 1920's!
THE FED SIMPLY CAN NOT PRINT MONEY FOR THE BANKS AND FINANCIAL SERVICES SECTOR WITHOUT CAUSING CONSEQUENCES IN THE GENERAL ECONOMY SOONER OR LATER...
THAT'S WHERE WE ARE AT NOW...
HOW TO TELL A PSYCHO...
There are a lot of experts trying to "figure out" the Virginia Tech Killer...
But, I have a fool proof simple way to tell a possible Psycho...?
For openers ANYONE who buys a 9mm Glock...is HIGHLY SUSPICIOUS, ipso facto...!
Unless, they are in the military or in the police/security business...!
Ordinary "normal" people just don't need that kind of weapon...
Among younger males...any "unnatural" interest in guns or knives is also a warning sign...as is any tendency to be gratuitously cruel to animals or younger kids...
Also young males who "hate" their parents, especially their fathers, for real or imagined reasons are at greater risk.
(I mention this from my experience working in the criminal justice system.)
Of course these violent video games are horrible "role models" for any young males who may already be having "issues"...or be otherwise troubled or disturbed...
That said there is still something "missing" from the analysis of the Virginia Tech Killer... We are not getting the whole picture yet... Nothing I've heard so far puts this Killer into the profile... I don't think it would be possible to be that "violent" and not have someone notice something...just being "quiet" doesn't explain this case...in fact it argues for something else being involved....
It's possible that this guy was an undiagnosed Psychotic...who got in under the radar screen perhaps because he was one of those "nice" oriental kids...? And what of these prescription meds he was taking...?
But, I have a fool proof simple way to tell a possible Psycho...?
For openers ANYONE who buys a 9mm Glock...is HIGHLY SUSPICIOUS, ipso facto...!
Unless, they are in the military or in the police/security business...!
Ordinary "normal" people just don't need that kind of weapon...
Among younger males...any "unnatural" interest in guns or knives is also a warning sign...as is any tendency to be gratuitously cruel to animals or younger kids...
Also young males who "hate" their parents, especially their fathers, for real or imagined reasons are at greater risk.
(I mention this from my experience working in the criminal justice system.)
Of course these violent video games are horrible "role models" for any young males who may already be having "issues"...or be otherwise troubled or disturbed...
That said there is still something "missing" from the analysis of the Virginia Tech Killer... We are not getting the whole picture yet... Nothing I've heard so far puts this Killer into the profile... I don't think it would be possible to be that "violent" and not have someone notice something...just being "quiet" doesn't explain this case...in fact it argues for something else being involved....
It's possible that this guy was an undiagnosed Psychotic...who got in under the radar screen perhaps because he was one of those "nice" oriental kids...? And what of these prescription meds he was taking...?
Subscribe to:
Posts (Atom)