Thursday, May 31, 2007
DELL STOCK SOARS...THEN DELL LAYS OFF 10% OF IT'S WORKERS!
Yippie....? But Hey....these Dell workers never had a Chinamen's chance of staying employed in the US...because their jobs always were going to China sooner or later.
BUSH "FINDS" GLOBAL WARMING...
BUSH'S DISCOVERY OF GLOBAL WARMING ON THE EVE OF HIS TRIP TO EUROLAND IS LIKE THE CRIMINAL WHO FINDS JESUS JUST BEFORE HE IS TO BE SENTENCED BY THE JUDGE...
HIGHLY SUSPICIOUS....INDEED... THE EUROLANDERS WILL SURELY JUDGE BUSH BY HIS DEEDS NOT HIS WORDS...
HIGHLY SUSPICIOUS....INDEED... THE EUROLANDERS WILL SURELY JUDGE BUSH BY HIS DEEDS NOT HIS WORDS...
GOLD AND OIL UP: THE PRICE OF HAPPINESS?
EVERYTHING HAS A PRICE...AS WALL STREET KNOWS TOO WELL... AND THE DOLLAR IS EDGING BACK DOWN TO IT'S RECORD LOWS...
COME ON RALLY DAMN IT...YOU DON'T WANT PEOPLE TO THINK IT'S NOT REALLY "DIFFERENT THIS TIME!"
MAKE NO MISTAKE...IT REALLY IS "DIFFERENT THIS TIME!" HONEST....!
THE BILLIONAIRES ARE BEHIND IT...THAT'S WHY IT'S DIFFERENT... IT'S LIKE 1929...NOT LIKE 1999 WHEN THE MOM AND POP DAYTRADERS WHERE KEY...
RALLY DAMN IT...YOU CAN DO IT...YOU ALWAYS DO...
OK MAYBE A SUB-$20 LOSS ON THE DOW OCCASIONALLY...JUST TO MAKE IT... "LOOK LEGIT" WINK...WINK...
BUT RALLY HARD TOMORROW ON THE SO CALLED "DIP!!!!!"
P.S. AND UP SHE GOES...LOL...! THIS IS A "NO DIPS ALLOWED" FAKE BULL MARKET...BROUGHT TO YOU BY YOUR GLOBAL CENTRAL BANKERS...
AND REMEMBER THAT... PLEASE...!!!
THE BILLIONAIRES ARE BEHIND IT...THAT'S WHY IT'S DIFFERENT... IT'S LIKE 1929...NOT LIKE 1999 WHEN THE MOM AND POP DAYTRADERS WHERE KEY...
RALLY DAMN IT...YOU CAN DO IT...YOU ALWAYS DO...
OK MAYBE A SUB-$20 LOSS ON THE DOW OCCASIONALLY...JUST TO MAKE IT... "LOOK LEGIT" WINK...WINK...
BUT RALLY HARD TOMORROW ON THE SO CALLED "DIP!!!!!"
P.S. AND UP SHE GOES...LOL...! THIS IS A "NO DIPS ALLOWED" FAKE BULL MARKET...BROUGHT TO YOU BY YOUR GLOBAL CENTRAL BANKERS...
AND REMEMBER THAT... PLEASE...!!!
IRAQ CEASEFIRE...DUHHH...?
GEE, WHY DIDN'T I THINK OF THAT...
JUST THINK IF LINCOLN HAD PROPOSED A CEASEFIRE IN 1861 OR ROOSEVELT IN 1939...!
HOW STUPID IS WE ANYWAYS...?
JUST THINK IF LINCOLN HAD PROPOSED A CEASEFIRE IN 1861 OR ROOSEVELT IN 1939...!
HOW STUPID IS WE ANYWAYS...?
BUSH STARTS NEW COLD WAR...
AT LEAST UNTIL 2009... RIGHT NOW...DUBYA & CO ARE TOTALLY OUT OF CONTROL...I DOUBT THEY HAVE ANY IDEA ABOUT HOW TO GET OUT OF THESE MESSES THEY HAVE CREATED...
WE ARE SIMPLY STUMBLING TOWARD THE NEW ELECTION WITH OUR EYES CLOSED...AND HOPING FOR THE BEST...
WE ARE SIMPLY STUMBLING TOWARD THE NEW ELECTION WITH OUR EYES CLOSED...AND HOPING FOR THE BEST...
HOME PRICE PLUNGE JUST STARTING...
WEALTH BASED ON WANT AND LACK OF BUSINESS...
WE'VE ONLY STARTED TO SEE THE LAST DAYS OF REPUBLICAN LOOTING OF THE US ECONOMY... IT'S JUST "SMASH AND GRAB" NOW...NO ONE IS OUTRAGED...NO ONE THINKS IT CAN OR WILL BE STOPPED...
WE ARE IN THE FINAL RUN BEFORE THE REGIME CHANGE IN 2009...
BUT UNTIL THEN...THIS ECONOMY IS TOTALLY OUT OF CONTROL...THE HEDGE FUNDS AND PRIVATE EQUITY ORGY IS JUST GETTING STARTED...
WE'VE ONLY STARTED TO SEE THE LAST DAYS OF REPUBLICAN LOOTING OF THE US ECONOMY... IT'S JUST "SMASH AND GRAB" NOW...NO ONE IS OUTRAGED...NO ONE THINKS IT CAN OR WILL BE STOPPED...
WE ARE IN THE FINAL RUN BEFORE THE REGIME CHANGE IN 2009...
BUT UNTIL THEN...THIS ECONOMY IS TOTALLY OUT OF CONTROL...THE HEDGE FUNDS AND PRIVATE EQUITY ORGY IS JUST GETTING STARTED...
GAZA ANARCHY...ISRAEL HAS IT'S WISH...
THE PURPOSE OF THE WEST HAS ALWAYS BEEN TO DESTROY THE PALESTINIANS...NOT TO GIVE THEM A "STATE."
ANARCHY IS JUST THE FINAL STEP IN MAKING THE PALESTINIANS PERMANENTLY "STATELESS"...IN THAT SENSE PALESTINIANS ARE LIKE THE KURDS NOW...MERELY A PEOPLE WITHOUT A STATE...
ANARCHY IS JUST THE FINAL STEP IN MAKING THE PALESTINIANS PERMANENTLY "STATELESS"...IN THAT SENSE PALESTINIANS ARE LIKE THE KURDS NOW...MERELY A PEOPLE WITHOUT A STATE...
FORGET GDP...THIS MARKET IS ON A MISSION!
NOTHING STOPS THIS MARKET MOONSHOT...
ONLY THE FED COULD PULL THE PLUG.
BUT BERNANKE WANTS TO TAKE GREENSPANS PLACE AS: "THE BUBBLE KING."
AND VERY LIKELY BERNANKE'S BUBBLE WILL BE THE BIGGEST IN HISTORY...
MAKING THE GREENSPAN ERA BUBBLES IN THE 1990's LOOK LIKE A FOUNT OF REASONABLE VALUATIONS...
I SEE DOW P/Es GOING TO 100 OR MORE... IT'S LIQUIDITY NOT GROWTH THAT IS FUELING THIS HYPER INFLATION IN ASSET VALUES...
FURTHERMORE, IT IS POSSIBLE THAT THE DOW WILL NEVER DECLINE AGAIN....EVER!
A PERMANENT HYPERINFLATION IS CLOSE TO KICKING IN ON STOCK PRICES...
MY ONLY QUESTION IS WHY IS THE RETAIL INVESTOR NOT JUMPING IN...?
THIS RALLY IS COMPLETELY HEDGE FUND AND PRIVATE EQUITY BASED...IT REALLY RESEMBLES THE LATE 60's "CONGLOMERATE" MESS THAT DEVELOPED AT THE END OF THAT BULL MARKET PHASE...AND USHERED IN "THE 70's..."
ONLY THE FED COULD PULL THE PLUG.
BUT BERNANKE WANTS TO TAKE GREENSPANS PLACE AS: "THE BUBBLE KING."
AND VERY LIKELY BERNANKE'S BUBBLE WILL BE THE BIGGEST IN HISTORY...
MAKING THE GREENSPAN ERA BUBBLES IN THE 1990's LOOK LIKE A FOUNT OF REASONABLE VALUATIONS...
I SEE DOW P/Es GOING TO 100 OR MORE... IT'S LIQUIDITY NOT GROWTH THAT IS FUELING THIS HYPER INFLATION IN ASSET VALUES...
FURTHERMORE, IT IS POSSIBLE THAT THE DOW WILL NEVER DECLINE AGAIN....EVER!
A PERMANENT HYPERINFLATION IS CLOSE TO KICKING IN ON STOCK PRICES...
MY ONLY QUESTION IS WHY IS THE RETAIL INVESTOR NOT JUMPING IN...?
THIS RALLY IS COMPLETELY HEDGE FUND AND PRIVATE EQUITY BASED...IT REALLY RESEMBLES THE LATE 60's "CONGLOMERATE" MESS THAT DEVELOPED AT THE END OF THAT BULL MARKET PHASE...AND USHERED IN "THE 70's..."
KOSOVO: A TERROR STATE IN EUROLAND...?
THE EUROPEANS ARE BEGGING FOR AN INDEPENDANT KOSOVO IN EUROPE...
BUT, KOSOVO COULD BECOME A JUMPING OFF POINT FOR ISLMAIST TERRORISTS ENTERING EUROPE IN THE FUTURE...
ONCE THE ALBANIAN MUSLIMS SEE THAT THEY HAVE THE EUROPEANS COWED...IT WILL BE NO MORE "NICE" ALBANIANS..."BAD" SERBS...
IF TERRORISM DOES EVER COME TO EUROPE...IT LIKELY WILL TRANSIT THROUGH AN "INDEPENDANT" RADICAL, MUSLIM KOSOVO SOMETIME IN THE FUTURE...
BUT, KOSOVO COULD BECOME A JUMPING OFF POINT FOR ISLMAIST TERRORISTS ENTERING EUROPE IN THE FUTURE...
ONCE THE ALBANIAN MUSLIMS SEE THAT THEY HAVE THE EUROPEANS COWED...IT WILL BE NO MORE "NICE" ALBANIANS..."BAD" SERBS...
IF TERRORISM DOES EVER COME TO EUROPE...IT LIKELY WILL TRANSIT THROUGH AN "INDEPENDANT" RADICAL, MUSLIM KOSOVO SOMETIME IN THE FUTURE...
NO REASON STOCKS CAN'T RISE INDEFINITELY...!
AS LONG AS INVESTORS WILL ACCEPT A SOLELY "LIQUIDITY BASED" RALLY IN STOCKS...
BECAUSE WE KNOW THAT THE FED WILL PRINT ALL THE MONEY WALL STREET WANTS...INDEFINITELY.
THERE IS ABSOLUTELY NO REASON WHY THIS MARKET CAN'T GO UP FOREVER...!
WITH WORKERS OUT OF THE PICTURE NOW...AND CHINA PRODUCING THE WORLDS CHEAP GOODS...ASSET INFLATION HAS FREE RANGE TO GO AS HIGH AS IT WANTS...
THIS WILL BE A RECORD YEAR FOR STOCK PRICES...EVEN THE BUBBLE OF 1999 WILL LOOK TAME BY COMPARSION...
UP UP AND AWAY...WITH THE EXCEPTION OF SMALL DIPS...UNDER 20 POINTS ON THE DOW...JUST TO MAKE IT ALL LOOK ILLEGIT....
I SEE NO REASON WHY STOCKS CAN'T RISE INDEFINTELY...
THIS IS A NEW ERA! REALLY...ALL THE OLD RULES ARE HISTORY...
I KNOW HOW THEY DID IT...BUT I STILL HAVE A HARD TIME BELIEVING IT...!
P/Es ON LARGE CAP STOCKS CAN EASILY GO TO ....OR EVEN EXCEED...100!
PROVIDED THAT THE MOMENTUM IS MAINTAINED...
BECAUSE WE KNOW THAT THE FED WILL PRINT ALL THE MONEY WALL STREET WANTS...INDEFINITELY.
THERE IS ABSOLUTELY NO REASON WHY THIS MARKET CAN'T GO UP FOREVER...!
WITH WORKERS OUT OF THE PICTURE NOW...AND CHINA PRODUCING THE WORLDS CHEAP GOODS...ASSET INFLATION HAS FREE RANGE TO GO AS HIGH AS IT WANTS...
THIS WILL BE A RECORD YEAR FOR STOCK PRICES...EVEN THE BUBBLE OF 1999 WILL LOOK TAME BY COMPARSION...
UP UP AND AWAY...WITH THE EXCEPTION OF SMALL DIPS...UNDER 20 POINTS ON THE DOW...JUST TO MAKE IT ALL LOOK ILLEGIT....
I SEE NO REASON WHY STOCKS CAN'T RISE INDEFINTELY...
THIS IS A NEW ERA! REALLY...ALL THE OLD RULES ARE HISTORY...
I KNOW HOW THEY DID IT...BUT I STILL HAVE A HARD TIME BELIEVING IT...!
P/Es ON LARGE CAP STOCKS CAN EASILY GO TO ....OR EVEN EXCEED...100!
PROVIDED THAT THE MOMENTUM IS MAINTAINED...
Wednesday, May 30, 2007
IT'S JUST THE BUBBLE TALKIN...!
TRYING TO "RATIONALIZE" THE MARKETS WHILE THEY ARE IN THE MIDST OF A MANIC BUBBLE IS JUST NOT POSSIBLE...
THIS BUBBLE HAS TO TAKE IT'S COURSE...THE FED WILL OBVIOUSLY NOT DO OR SAY ANYTHING THAT "UPSETS" WALL STREET...
SO THE SKY IS THE LIMIT AS FAR AS WALL STREET AND THE FED ARE CONCERN...BUT THE MOON IS A LONG LONG WAY TO GO...AND THE FALL COULD BE HARD...
MUCH OF WHAT THIS BUBBLE IS TRYING TO HIDE IS THE STRUCTURALLY WEAK DOLLAR...AND THE COMING DOMINANCE OF CHINA...
PUT ANOTHER WAY...CHINA MUST BE SEEN AS "BUYING HIGH" INTO THE AMERICAN ECONOMY...JUST LIKE THE JAPANESE DID IN THE 1980's.... THERE IS LITTLE THAT CAN BE DONE ABOUT THE BUBBLE NOW... IT SIMPLY MUST GO ON TILL IT ENDS...THEN WE PICK UP THE PIECES...YET AGAIN...
THIS BUBBLE HAS TO TAKE IT'S COURSE...THE FED WILL OBVIOUSLY NOT DO OR SAY ANYTHING THAT "UPSETS" WALL STREET...
SO THE SKY IS THE LIMIT AS FAR AS WALL STREET AND THE FED ARE CONCERN...BUT THE MOON IS A LONG LONG WAY TO GO...AND THE FALL COULD BE HARD...
MUCH OF WHAT THIS BUBBLE IS TRYING TO HIDE IS THE STRUCTURALLY WEAK DOLLAR...AND THE COMING DOMINANCE OF CHINA...
PUT ANOTHER WAY...CHINA MUST BE SEEN AS "BUYING HIGH" INTO THE AMERICAN ECONOMY...JUST LIKE THE JAPANESE DID IN THE 1980's.... THERE IS LITTLE THAT CAN BE DONE ABOUT THE BUBBLE NOW... IT SIMPLY MUST GO ON TILL IT ENDS...THEN WE PICK UP THE PIECES...YET AGAIN...
THE "KOREA MODEL" FOR IRAQ...?
The Koreans aren't blowing up Americans every chance they get...
I'd suggest that the Vietnam Model is more apt...and will likely be the way the end game in Iraq turns out...
Bush is desperate to avoid being seen as causing another Vietnam...or worse being seen as a war criminal after he's out of office...
Bush could only pray that the Korea Model will be available to him... But it won't be... This is just wishful thinking on the part of a lame duck president who is in the home stretch of the worst presidency in US history...
I'd suggest that the Vietnam Model is more apt...and will likely be the way the end game in Iraq turns out...
Bush is desperate to avoid being seen as causing another Vietnam...or worse being seen as a war criminal after he's out of office...
Bush could only pray that the Korea Model will be available to him... But it won't be... This is just wishful thinking on the part of a lame duck president who is in the home stretch of the worst presidency in US history...
YADA YADA YADA...BORING!
IT'S A REALLY BORING NEWS CYCLE...
THE DOW UP...
MORE DEATH IN IRAQ...
ISRAEL KILLING PALESTINIANS...
CONDI BITCHING OUT OUR "ENEMIES..."
DUBYA PROPOSING MORE SANCTIONS AGAINST SOMEPLACE...
MORE PEOPLE UNINSURED...
CONGRESS AND THE MEDIA LOOKING FOR MORE FLUFF "ISSUES" TO DISTRACT THE PUBLIC...
AMERICANS KEEP SHOPPING...JUST FOR CHEAPER STUFF...
THE JOB MARKET KEEPS "BOOMING" EXCEPT FOR PEOPLE LOOKING FOR WORK...
YADA. YADA. YADA...
THIS NEWS CYCLE IS EVEN MORE BORING THAT READING A TOM FRIEDMAN OP-ED IN THE TIMES... IS THAT EVEN POSSIBLE...?
THE DOW UP...
MORE DEATH IN IRAQ...
ISRAEL KILLING PALESTINIANS...
CONDI BITCHING OUT OUR "ENEMIES..."
DUBYA PROPOSING MORE SANCTIONS AGAINST SOMEPLACE...
MORE PEOPLE UNINSURED...
CONGRESS AND THE MEDIA LOOKING FOR MORE FLUFF "ISSUES" TO DISTRACT THE PUBLIC...
AMERICANS KEEP SHOPPING...JUST FOR CHEAPER STUFF...
THE JOB MARKET KEEPS "BOOMING" EXCEPT FOR PEOPLE LOOKING FOR WORK...
YADA. YADA. YADA...
THIS NEWS CYCLE IS EVEN MORE BORING THAT READING A TOM FRIEDMAN OP-ED IN THE TIMES... IS THAT EVEN POSSIBLE...?
THE MARKET WILL RALLY...IT ALWAYS DOES!
THERE IS ABSOLUTELY NOTHING TO WORRY ABOUT WITH THE MARKETS...THE MARKETS ARE NOW BEING "MANAGED" BY GUYS MAKING BILLIONS IN ANNUAL PAY...
DO YOU HONESTLY THINK THAT ANYTHING IS BEING LEFT TO CHANCE WITH THAT KIND OF MONEY ON THE LINE...?
NO WAY! THIS MARKET IS A STRAIGHT LINE ADVANCE...WITH TINY LITTLE PULL BACKS JUST TO MAKE IT LOOK LEGAL... AND MOST PULL BACK DAZE WILL BE UNDER 20 POINTS ON THE DOW...
THIS IS A MOONSHOT TO 18,000 THIS YEAR!!
IT'S DIFFERENT THIS TIME...THE BILLIONAIRES ARE RUNNING THE SPECULATION NOW...NOT THE PENNILESS PUBLIC, THE RETAIL SUCKERS AND THE MOM AND POP DAYTRADERS!
IT REALLY IS DIFFERENT THIS TIME...
THIS IS A 1880's STYLE SPECULATION BY THE MEGA-RICH....
NOT THE 1999 POPULAR MANIA....THAT ENDED SO BADLY...
BUT IF THIS SOMEHOW DOES "GO BAD" ....
IT'S GOING TO BE A CATASTROPHE OF BIBLICAL PROPORTIONS....
DO YOU HONESTLY THINK THAT ANYTHING IS BEING LEFT TO CHANCE WITH THAT KIND OF MONEY ON THE LINE...?
NO WAY! THIS MARKET IS A STRAIGHT LINE ADVANCE...WITH TINY LITTLE PULL BACKS JUST TO MAKE IT LOOK LEGAL... AND MOST PULL BACK DAZE WILL BE UNDER 20 POINTS ON THE DOW...
THIS IS A MOONSHOT TO 18,000 THIS YEAR!!
IT'S DIFFERENT THIS TIME...THE BILLIONAIRES ARE RUNNING THE SPECULATION NOW...NOT THE PENNILESS PUBLIC, THE RETAIL SUCKERS AND THE MOM AND POP DAYTRADERS!
IT REALLY IS DIFFERENT THIS TIME...
THIS IS A 1880's STYLE SPECULATION BY THE MEGA-RICH....
NOT THE 1999 POPULAR MANIA....THAT ENDED SO BADLY...
BUT IF THIS SOMEHOW DOES "GO BAD" ....
IT'S GOING TO BE A CATASTROPHE OF BIBLICAL PROPORTIONS....
THE JOBS BIG LIE...AGAIN.
The jobs number is totally predictable... Here are the "givens."
1. It will beat expectations.
2. All the "positive" sectors will be about equal in the number of "jobs" created... For example the top three sectors will have numbers like: 23, 27, 24. Or 32, 29, 27. These will usually be in: Health Care, Professional Services, Leisure and Hospitality, and sometimes Government.
3. The decliners will be manufacturing and construction...and recently retail...as the tapped out and topped out American consumers shun stores...especially Home Depot, Lowe's and Walmart.
So it's easy to predicted the trends in the jobs big lie...the real trick is to predict the order of magnitude of the BIG lie from month to month...
The "acceptable" range for the lie is usually...say 68,000 to 149,000...these are numbers that won't be questioned...it's neither boom nor bust...so NONE of the nation's docile MSM market writers will "question" anything.
The sad truth is that if you are a real person out there looking for a living wage job these days....? With perhaps real health care benefits....?
FUGGITABOTIT!
P.S. Oh...the jobs lie this month...I think about the same as last month...because what difference does it make...its really just another "rally point" du jour for Wall Street anyway...
Lets say: 128,000 for this month...and a big Dow rally following?
Because happy daze are ALWAYS queer again!
1. It will beat expectations.
2. All the "positive" sectors will be about equal in the number of "jobs" created... For example the top three sectors will have numbers like: 23, 27, 24. Or 32, 29, 27. These will usually be in: Health Care, Professional Services, Leisure and Hospitality, and sometimes Government.
3. The decliners will be manufacturing and construction...and recently retail...as the tapped out and topped out American consumers shun stores...especially Home Depot, Lowe's and Walmart.
So it's easy to predicted the trends in the jobs big lie...the real trick is to predict the order of magnitude of the BIG lie from month to month...
The "acceptable" range for the lie is usually...say 68,000 to 149,000...these are numbers that won't be questioned...it's neither boom nor bust...so NONE of the nation's docile MSM market writers will "question" anything.
The sad truth is that if you are a real person out there looking for a living wage job these days....? With perhaps real health care benefits....?
FUGGITABOTIT!
P.S. Oh...the jobs lie this month...I think about the same as last month...because what difference does it make...its really just another "rally point" du jour for Wall Street anyway...
Lets say: 128,000 for this month...and a big Dow rally following?
Because happy daze are ALWAYS queer again!
THE AGE OF BUBBLES IS HERE TO STAY...
THE AGE OF ASSET BUBBLES IS HERE TO STAY AS LONG AS THERE IS EXCESS LIQUIDITY FOR INTERNATIONAL CAPITAL...AND LITTLE OF NO POWER IN THE HANDS OF LABOR OR WORKERS...
THE PROBLEM IS THAT EVEN THE "PRODUCTIVE" SECTORS...LIKE INTERNATIONAL CAPITAL...CAN HAVE TOO MUCH LIQUIDITY... THIS LEADS TO CLASSIC OVER INVESTMENT AND OVER PRODUCTION...
OF COURSE OVER PRODUCTION IS FIRST SEEN AS "GOOD" BECAUSE IT'S ANTI-INFLATIONARY....AND LOW WAGE WORKERS CAN STILL "BUY THINGS."
BUT EVENTUALLY OVER PRODUCTION MEANS THAT CAPITAL CAN NOT MAKE MONEY...THE CAPITAL MOVES INTO COMMODITIES...AND HIGHER COMMODITIES CAUSE INFLATION IN THE REAL ECONOMY...NOT JUST IN THE "ASSET ECONOMY."
THEN...EVENTUALLY WORKERS NEED MORE WAGES TO SURVIVE...AND CAPTIAL BECOMES EVEN LESS PROFITABLE... ETC...
THE POINT IS THAT EVEN "GOOD BUBBLES" IN ASSETS...HAVE BAD CONSEQUENCES DOWN THE ROAD...
WE ARE IN THE GOLDEN AGE OF ASSET BUBBLES NOW...BUT THIS IS THE FINAL DAZE...
A NEW PROGRESSIVISM WILL TAKE HOLD AFTER 2008...NOT BECAUSE IT'S "RIGHT" BUT BECAUSE THERE WILL BE NO OTHER CHOICE...
BUBBLES END NOT ON MORAL GROUNDS...BUT BECAUSE THEY HAVE NOWHERE ELSE TO GO...
AS IN CHESS...CHECK IS DIFFERENT FROM... CHECKMATE...!
THE PROBLEM IS THAT EVEN THE "PRODUCTIVE" SECTORS...LIKE INTERNATIONAL CAPITAL...CAN HAVE TOO MUCH LIQUIDITY... THIS LEADS TO CLASSIC OVER INVESTMENT AND OVER PRODUCTION...
OF COURSE OVER PRODUCTION IS FIRST SEEN AS "GOOD" BECAUSE IT'S ANTI-INFLATIONARY....AND LOW WAGE WORKERS CAN STILL "BUY THINGS."
BUT EVENTUALLY OVER PRODUCTION MEANS THAT CAPITAL CAN NOT MAKE MONEY...THE CAPITAL MOVES INTO COMMODITIES...AND HIGHER COMMODITIES CAUSE INFLATION IN THE REAL ECONOMY...NOT JUST IN THE "ASSET ECONOMY."
THEN...EVENTUALLY WORKERS NEED MORE WAGES TO SURVIVE...AND CAPTIAL BECOMES EVEN LESS PROFITABLE... ETC...
THE POINT IS THAT EVEN "GOOD BUBBLES" IN ASSETS...HAVE BAD CONSEQUENCES DOWN THE ROAD...
WE ARE IN THE GOLDEN AGE OF ASSET BUBBLES NOW...BUT THIS IS THE FINAL DAZE...
A NEW PROGRESSIVISM WILL TAKE HOLD AFTER 2008...NOT BECAUSE IT'S "RIGHT" BUT BECAUSE THERE WILL BE NO OTHER CHOICE...
BUBBLES END NOT ON MORAL GROUNDS...BUT BECAUSE THEY HAVE NOWHERE ELSE TO GO...
AS IN CHESS...CHECK IS DIFFERENT FROM... CHECKMATE...!
Tuesday, May 29, 2007
MORE BULLSHIT....
WHY IS IT THAT INDIA AND CHINA ARE SO DAMN IN FAVOR OF "GLOBALISM"...
BECAUSE THEY ARE EATING OUR LUNCH...THAT'S WHY...
BECAUSE THEY ARE EATING OUR LUNCH...THAT'S WHY...
CHINA WILL KICK OUR ASS...!
FREE TRADE....YEAH BABY...
THE CORPORATIONS GOT AWAY WITH SOME CHEAP LABOR FOR ABOUT 20 YEARS...
NOW THE DOWNSIDE OF THEIR GREED IS KICKING IN...
THIS ALL COMES FROM LETTING INTERNATIONAL CAPITAL AND WALL STREET "RUN THE COUNTRY" FOR A COUPLE OF DECADES...
THAT'S EXACTLY WHAT HAPPEN IN 1929...
THE CORPORATIONS GOT AWAY WITH SOME CHEAP LABOR FOR ABOUT 20 YEARS...
NOW THE DOWNSIDE OF THEIR GREED IS KICKING IN...
THIS ALL COMES FROM LETTING INTERNATIONAL CAPITAL AND WALL STREET "RUN THE COUNTRY" FOR A COUPLE OF DECADES...
THAT'S EXACTLY WHAT HAPPEN IN 1929...
BEST JOBS IN THE FUTURE US DYSTOPIA...?
In the above US News Link all the traditional good jobs are trashed...teacher. lawyer, business owner...
And all the new good jobs seem related to "helping" sick and aging boomers or retirees...from audiologist to librarian this assumes a dying population of sick retired people...a depressing prospect...!
But, if you have no manufacturing and production capabilities inside the US...that's all you have going for you...
The US economy seems to be becoming unreal...a nightmarish dystopia of the dying and underemployed.
The only bright spot is government and health care...but if the general economy collapses the only way to finance this will be to print more money which will cause hyper-inflation and ever higher prices for people who are already non-functional.
http://www.usnews.com/usnews/biztech/best_careers_2007/
And all the new good jobs seem related to "helping" sick and aging boomers or retirees...from audiologist to librarian this assumes a dying population of sick retired people...a depressing prospect...!
But, if you have no manufacturing and production capabilities inside the US...that's all you have going for you...
The US economy seems to be becoming unreal...a nightmarish dystopia of the dying and underemployed.
The only bright spot is government and health care...but if the general economy collapses the only way to finance this will be to print more money which will cause hyper-inflation and ever higher prices for people who are already non-functional.
http://www.usnews.com/usnews/biztech/best_careers_2007/
Monday, May 28, 2007
BUSH BABBLES TO IRAN...TOO LITTLE TOO LATE
The time for talk is over... Iran has been handed Iraq on a platter compliments of the US taxpayers. Iraq is finished as a nation state...
Does anyone really believe that the Kurds will return to their Imperial slavery in an Arab Iraq ever again... Of course not that fact alone should belie the pitiful optimism in Washington about the "surge."
THE KURDS AREN'T COMING BACK...
FURTHERMORE, THE SHIA OF IRAQ AND THEIR IRANIAN CO-RELIGIONISTS ARE NOT GOING BACK TO A WESTERN DOMINATED SECULAR SUNNI GOVERNMENT...ANY TIME SOON...
THE WEST HAS DESTROYED IT'S NATURAL ALLIES IN IRAQ...AND HANDED IRAQ TO THE SHIA AND THE FUNDAMENTALIST CAMP...
Does anyone really believe that the Kurds will return to their Imperial slavery in an Arab Iraq ever again... Of course not that fact alone should belie the pitiful optimism in Washington about the "surge."
THE KURDS AREN'T COMING BACK...
FURTHERMORE, THE SHIA OF IRAQ AND THEIR IRANIAN CO-RELIGIONISTS ARE NOT GOING BACK TO A WESTERN DOMINATED SECULAR SUNNI GOVERNMENT...ANY TIME SOON...
THE WEST HAS DESTROYED IT'S NATURAL ALLIES IN IRAQ...AND HANDED IRAQ TO THE SHIA AND THE FUNDAMENTALIST CAMP...
Oh Happy Daze on Wall Street...
The market will surely soar this week...because after all, it always does!
That's really all you need to know... All the data will be good or spun...to support higher stock prices...because frankly, no one really knows or cares what stocks should sell for; since few pay real dividends...
And profits are questionable or faked, and what there is in profit goes to the Cult of the CEO...anyway...in a macroeconomy that is so diseased that macroeconomics no longer is even a valid way to view the US economy...
So what difference does any of this make...
That's really all you need to know... All the data will be good or spun...to support higher stock prices...because frankly, no one really knows or cares what stocks should sell for; since few pay real dividends...
And profits are questionable or faked, and what there is in profit goes to the Cult of the CEO...anyway...in a macroeconomy that is so diseased that macroeconomics no longer is even a valid way to view the US economy...
So what difference does any of this make...
Sunday, May 27, 2007
The Anatomy of Exchange Alley
Curiously, Defoe's 1719 The Anatomy of Exchange Alley ...is totally out of print and is not available at any price!!
The great Bubbles crashed in 1720...!!
You'd think a reprint would be available somewhere...? What are they covering up...what are they afraid of in this very very rare book...?
The great Bubbles crashed in 1720...!!
You'd think a reprint would be available somewhere...? What are they covering up...what are they afraid of in this very very rare book...?
SPECULATION IN BOOKS ON SPECULATION?
What a great hobby...? See Link.
Actually the only financial books that are selling these days are ones about Hedge Funds...
Anything with "Hedge Fund" in the title is sure to sell.
If you read at all about the History of Speculation you will quickly notice that it always ends badly...
My hunch is that volumes will be written about the fallacy of the 401k...by future historians, as yet unborn, who will be amazed at this notion that "average man" could speculate his way into a secure retirement...
The 401k will be one of the 20th Centuries great fallacies...our version of Tulipomania really...
View the collection on offer HERE
Quoting Defoe on the markets:
“’Tis a compleat system of knavery; that ’tis a trade founded in fraud, born of deceit, and nourished by trick, cheat, wheedle, forgeries, falsehoods,”
Eg...see addall.com used books section
Everyman his own broker or a guide to Exchange Alley
London, S. Hooper 1761. Ninth edition, corrected and enlarged, 12mo., xxiv, 252pp., 39pp., a very good copy in contemporary calf, spine ruled gilt. This popular guide to dealing on the stock-market went through some thirteen editions between 1761 and 1810, four of them in its first year of publication. "As the title suggests, the author"s object was to encourage members of the public to buy and sell for themselves, without employing brokers. His attacks upon the brokers, though often amusing, are obviously exaggerated, but on technical matters he is accurate . . . Legally, only licensed brokers could deal on behalf of others, but there was nothing to prevent any members of the public from dealing on his own account" (Morgan & Thomas, p. 58). As with other copies of this edition, a further work is bound after Mortimer"s work, entitled A new book of interest (1781). This is one of several practical works that Mortimer (1730-1810), who was British vice-consul to the Austrian Netherlands, wrote on finance and trade. Among the others was the Elements of Commerce, Politics and Finance (1772), which he accused Adam Smith of plagiarising. Goldsmiths" 12333; Kress B.488.
SO WHAT'S THE POINT? THE POINT IS THAT WE HAVE BEEN HERE BEFORE WE JUST DON'T COLLECTIVELY REMEMBER IT...!
Actually the only financial books that are selling these days are ones about Hedge Funds...
Anything with "Hedge Fund" in the title is sure to sell.
If you read at all about the History of Speculation you will quickly notice that it always ends badly...
My hunch is that volumes will be written about the fallacy of the 401k...by future historians, as yet unborn, who will be amazed at this notion that "average man" could speculate his way into a secure retirement...
The 401k will be one of the 20th Centuries great fallacies...our version of Tulipomania really...
View the collection on offer HERE
Quoting Defoe on the markets:
“’Tis a compleat system of knavery; that ’tis a trade founded in fraud, born of deceit, and nourished by trick, cheat, wheedle, forgeries, falsehoods,”
Eg...see addall.com used books section
Everyman his own broker or a guide to Exchange Alley
London, S. Hooper 1761. Ninth edition, corrected and enlarged, 12mo., xxiv, 252pp., 39pp., a very good copy in contemporary calf, spine ruled gilt. This popular guide to dealing on the stock-market went through some thirteen editions between 1761 and 1810, four of them in its first year of publication. "As the title suggests, the author"s object was to encourage members of the public to buy and sell for themselves, without employing brokers. His attacks upon the brokers, though often amusing, are obviously exaggerated, but on technical matters he is accurate . . . Legally, only licensed brokers could deal on behalf of others, but there was nothing to prevent any members of the public from dealing on his own account" (Morgan & Thomas, p. 58). As with other copies of this edition, a further work is bound after Mortimer"s work, entitled A new book of interest (1781). This is one of several practical works that Mortimer (1730-1810), who was British vice-consul to the Austrian Netherlands, wrote on finance and trade. Among the others was the Elements of Commerce, Politics and Finance (1772), which he accused Adam Smith of plagiarising. Goldsmiths" 12333; Kress B.488.
SO WHAT'S THE POINT? THE POINT IS THAT WE HAVE BEEN HERE BEFORE WE JUST DON'T COLLECTIVELY REMEMBER IT...!
Saturday, May 26, 2007
SADR THINKS BUSH IS WHIPPED!
NEVERMIND WHO LOST IRAQ...WHO STARTED THIS MESS IN THE FIRST PLACE...
BUSH AND CO WILL BE HELD TO ACCOUNT FOR THEIR INCOMPETENCE AND THE CRIMINAL AFTERMATH...
THE INTERNATIONAL COMMUNITY WILL SIMPLY DEMAND IT.
DOES ANYONE HONESTLY THINK THAT BUSH CAN SIMPLY STAGGER OUT OF THE WHITE HOUSE IN JANUARY 2009...AND THAT WILL BE THE END OF HIS ACCOUNTABILITY FOR THESE CRIMES...?
I DOUBT IT...
WHEN THIS IS OVER WE SHOULD STUDY THE DISEASED REASONING THAT CAUSED THIS TRAGEDY... NOTHING REMOTELY LIKE THIS DISASTER MUST EVER BE ALLOWED TO HAPPEN AGAIN...AND THOSE RESPONSIBLE SHOULD BE PUNISHED.
SADR THINKS THAT BUSH IS WHIPPED...AND ALL HE HAS TO DO NOW IS WAIT TILL SEPTEMBER...
SADR IS PROBABLY RIGHT...? BUSH HAS OVER PLAYED HIS HAND AND OVER STAYED HIS WELCOME IN IRAQ...
IRAQ IS LIBERATED...SADDAM IS DEAD...WE AIN'T GONNA "STEAL THEIR OIL" SO FUGGEDABOTIT!
TIME TO LEAVE...AND LET THE IRAQIS FIGURE OUT WHAT COMES NEXT.
WHATS SO COMPLEX HERE...? PERHAPS THAT WE DON'T HAVE A GOVERNMENT IN BAGHDAD THAT THINKS IT'S OK FOR ISRAEL TO ANNEX THE WEST BANK...? IS THAT THE REAL HANG UP...? BECAUSE IT USUALLY IS...EVEN THOUGH NO ONE IS ALLOWED TO TALK ABOUT IT IN THE MAINSTREAM MEDIA...
BUSH AND CO WILL BE HELD TO ACCOUNT FOR THEIR INCOMPETENCE AND THE CRIMINAL AFTERMATH...
THE INTERNATIONAL COMMUNITY WILL SIMPLY DEMAND IT.
DOES ANYONE HONESTLY THINK THAT BUSH CAN SIMPLY STAGGER OUT OF THE WHITE HOUSE IN JANUARY 2009...AND THAT WILL BE THE END OF HIS ACCOUNTABILITY FOR THESE CRIMES...?
I DOUBT IT...
WHEN THIS IS OVER WE SHOULD STUDY THE DISEASED REASONING THAT CAUSED THIS TRAGEDY... NOTHING REMOTELY LIKE THIS DISASTER MUST EVER BE ALLOWED TO HAPPEN AGAIN...AND THOSE RESPONSIBLE SHOULD BE PUNISHED.
SADR THINKS THAT BUSH IS WHIPPED...AND ALL HE HAS TO DO NOW IS WAIT TILL SEPTEMBER...
SADR IS PROBABLY RIGHT...? BUSH HAS OVER PLAYED HIS HAND AND OVER STAYED HIS WELCOME IN IRAQ...
IRAQ IS LIBERATED...SADDAM IS DEAD...WE AIN'T GONNA "STEAL THEIR OIL" SO FUGGEDABOTIT!
TIME TO LEAVE...AND LET THE IRAQIS FIGURE OUT WHAT COMES NEXT.
WHATS SO COMPLEX HERE...? PERHAPS THAT WE DON'T HAVE A GOVERNMENT IN BAGHDAD THAT THINKS IT'S OK FOR ISRAEL TO ANNEX THE WEST BANK...? IS THAT THE REAL HANG UP...? BECAUSE IT USUALLY IS...EVEN THOUGH NO ONE IS ALLOWED TO TALK ABOUT IT IN THE MAINSTREAM MEDIA...
NEXT WEEK'S ECONOMIC BIG LIES!
MUCH IS MADE OF THE US "JOBS NUMBER"
THE BIZARRO NOTION THAT JOBS ARE "STRONG" IS STILL AFOOT IN MANY ECONOMIC CIRCLES...
BUT IF JOBS ARE SO STRONG WHY DO THOUSANDS LINE UP FOR A CHANCE AT A COUPLE OF HUNDRED MINIMUM WAGE/NO BENEFIT JOBS AT A NEW WALMART?
WHY IS THE LABOR FORCE PARTICIPATION RATE SO LOW?
WHY ARE AMERICANS LIVING OFF SAVINGS FOR THE FIRST TIME SINCE THE GREAT DEPRESSION?
THE REAL TRUTH IS THAT THE ECONOMY IS STAGNATING AND JOBS HAVE BEEN STAGNANT FOR A LONG TIME... THE ONLY REAL SPENDING IS BEING DONE BY THE HEDGE FUNDS, CORPORATIONS, AND THE BI-COASTAL FINANICAL SECTOR ELITES... FLY OVER COUNTRY IS NOT SPENDING!
THE BOTTOM HALF OF THE INCOME DISTRIBUTION IN THE US IS BASICALLY OUT OF THE CASH/CONSUMER ECONOMY AND HAS BEEN FOR A WHILE...AND THE NEXT HIGHER 25% IS STRUGGLING PAYCHECK TO PAYCHECK WITH HIGH DEBT THAT THEY CAN'T DISCHARGE IN BANKRUPTCY BECAUSE OF THE NEW PRO-CREDTOR BANKRUPTCY LAWS
THE BIZARRO NOTION THAT JOBS ARE "STRONG" IS STILL AFOOT IN MANY ECONOMIC CIRCLES...
BUT IF JOBS ARE SO STRONG WHY DO THOUSANDS LINE UP FOR A CHANCE AT A COUPLE OF HUNDRED MINIMUM WAGE/NO BENEFIT JOBS AT A NEW WALMART?
WHY IS THE LABOR FORCE PARTICIPATION RATE SO LOW?
WHY ARE AMERICANS LIVING OFF SAVINGS FOR THE FIRST TIME SINCE THE GREAT DEPRESSION?
THE REAL TRUTH IS THAT THE ECONOMY IS STAGNATING AND JOBS HAVE BEEN STAGNANT FOR A LONG TIME... THE ONLY REAL SPENDING IS BEING DONE BY THE HEDGE FUNDS, CORPORATIONS, AND THE BI-COASTAL FINANICAL SECTOR ELITES... FLY OVER COUNTRY IS NOT SPENDING!
THE BOTTOM HALF OF THE INCOME DISTRIBUTION IN THE US IS BASICALLY OUT OF THE CASH/CONSUMER ECONOMY AND HAS BEEN FOR A WHILE...AND THE NEXT HIGHER 25% IS STRUGGLING PAYCHECK TO PAYCHECK WITH HIGH DEBT THAT THEY CAN'T DISCHARGE IN BANKRUPTCY BECAUSE OF THE NEW PRO-CREDTOR BANKRUPTCY LAWS
BUSH DECLARES WAR ON IRAQ'S SHIA!!
THE END GAME IS STARTING... BUSH IS FIGHTING BOTH THE SUNNI AND THE SHIA IN IRAQ NOW...NOT TO MENTION THE FOREIGN JIHADI AND THE ISLAMISTS...
US Media is starting to blackout events concerning the Sadrists and the Shia...always a sign that something important is happening... Stay tuned...because when the US news media clam up...something is changing...big time. Bush as two choices in Iraq...start massacring Iraqis on a wholesale level...as Israel does to Palestinians...or BUG OUT and hope that War Crimes are not brought after this administration is out of office. I think a BIG BUG OUT is in the works...
THE FINAL SOLUTION IN IRAQ IS VERY NEAR!
US Media is starting to blackout events concerning the Sadrists and the Shia...always a sign that something important is happening... Stay tuned...because when the US news media clam up...something is changing...big time. Bush as two choices in Iraq...start massacring Iraqis on a wholesale level...as Israel does to Palestinians...or BUG OUT and hope that War Crimes are not brought after this administration is out of office. I think a BIG BUG OUT is in the works...
THE FINAL SOLUTION IN IRAQ IS VERY NEAR!
Friday, May 25, 2007
AMERICANS DOWNWARDLY MOBILE...
BUT LOOK AT ALL THE HAPPY INDIAN AND CHINESE WORKERS WE HAVE CREATED BY SENDING OUR GOOD JOBS OFF SHORE SO EVERYONE CAN WORK FOR PEANUTS...
AND WE'RE ALL EQUAL NOW...EQUALITY IS GOOD...RIGHT?
OF COURSE NOW EVERYONE IS BUSTED...EXCEPT THE MEGA RICH.
BUT LOOK AT IT THIS WAY BUBBA...YOU STILL GOT JESUS...! THANKS TO THE
REPUBLICANS AND DUBYA.
BUT WHATEVER...GLOBALISM MUST NOT BE QUESTIONED!
WALL STREET AND WASHINGTON WON'T ALLOW IT...
HINT TO TOM FRIEDMAN FOR HIS NEXT COLUMN :
MORE TAX CUTS FOR THE RICH...THAT'S WHAT WE REALLY NEED...
AND WE'RE ALL EQUAL NOW...EQUALITY IS GOOD...RIGHT?
OF COURSE NOW EVERYONE IS BUSTED...EXCEPT THE MEGA RICH.
BUT LOOK AT IT THIS WAY BUBBA...YOU STILL GOT JESUS...! THANKS TO THE
REPUBLICANS AND DUBYA.
BUT WHATEVER...GLOBALISM MUST NOT BE QUESTIONED!
WALL STREET AND WASHINGTON WON'T ALLOW IT...
HINT TO TOM FRIEDMAN FOR HIS NEXT COLUMN :
MORE TAX CUTS FOR THE RICH...THAT'S WHAT WE REALLY NEED...
SADAR ENDS THE OCCUPATION...
A SUNNI-SHIA ALLIANCE WOULD BE THE END OF THE OCCUPATION... SEPTEMBER IS LOOKING MORE AND MORE LIKE THE OPERATIVE...
BUG OUT DATE...
BUG OUT DATE...
BEIRUT AIRLIFT...!
CAN'T MISS AN OPPORTUNITY TO KILL MORE PALESTINIAN WOMEN AND CHILDREN...!
THE ZIONIST AGENDA OF THE LUKUDNICS MUST BE ADVANCED...
AND THEN THE NEOCONS WONDER "WHY THEY HATE US...?"
THE LEBANON GOVERNMENT IS FINISHED...AS THE SAD TOOLS OF THE US AND ISRAEL THEY HAVE NO STANDING IN THE MUSLIM WORLD...
THE ZIONIST AGENDA OF THE LUKUDNICS MUST BE ADVANCED...
AND THEN THE NEOCONS WONDER "WHY THEY HATE US...?"
THE LEBANON GOVERNMENT IS FINISHED...AS THE SAD TOOLS OF THE US AND ISRAEL THEY HAVE NO STANDING IN THE MUSLIM WORLD...
ARE YOU CHANGING YOUR HOLIDAY PLANS BECAUSE OF GAS PRICES?
ACTUALLY, NO...
I'M NOT MAKING ANY PLANS...SO I DON'T NEED TO CHANGE THEM.
HEY, IN THE US MEDIA...IT'S ALWAYS...ALL GOOD.... ALL THE TIME. YOU SEE...I'M IN THE "NO CHANGES" CAMP...! HIGH GAS PRICES...? HA! I DON'T CARE...
BUT IT LOOKS LIKE GRANDMA WILL BE SITTING ON THE PORCH WHILE GRANDPA POLISHES THE LUG NUTS ON THE MOTOR HOME...
BUT HEY...IT'S ALL GOOD...
THOSE WITH SMALL CARS ARE PRETTY MUCH FREE TO GO ANYWHERE... THOSE STUCK WITH THE POPULAR GAS HOGS...WILL HAVE TO CUT BACK OR PAY DEARLY FOR THEIR DRIVING...
I'M NOT MAKING ANY PLANS...SO I DON'T NEED TO CHANGE THEM.
HEY, IN THE US MEDIA...IT'S ALWAYS...ALL GOOD.... ALL THE TIME. YOU SEE...I'M IN THE "NO CHANGES" CAMP...! HIGH GAS PRICES...? HA! I DON'T CARE...
BUT IT LOOKS LIKE GRANDMA WILL BE SITTING ON THE PORCH WHILE GRANDPA POLISHES THE LUG NUTS ON THE MOTOR HOME...
BUT HEY...IT'S ALL GOOD...
THOSE WITH SMALL CARS ARE PRETTY MUCH FREE TO GO ANYWHERE... THOSE STUCK WITH THE POPULAR GAS HOGS...WILL HAVE TO CUT BACK OR PAY DEARLY FOR THEIR DRIVING...
IT'S ALL BULLSHIT...
THE US ECONOMY CAN BE SUMMED UP IN ONE WORD: BULLSHIT!
IT'S ALL BULLSHIT NOW... NOTHING REALLY MATTERS...EXCEPT THE DAILY SPIN.
I STILL HOLD THAT THE DOW WILL REACH 18,000 THIS YEAR...
THE BAD NEWS...AND IT IS DISMAL...IS GLOSSED OVER QUICKLY...
BUT ANY BULLISH BULLSHIT IS GIVEN HEADLINE STATUS FOR THE DAY...AND BREATHLESSLY TOUTED AS THE STORY DU JOUR...
TODAY HOUSING IS SHOWING NEED FOR A "RATE CUT"...YESTERDAY HOUSING WAS MANDATING A RATE HIKE... YEAH RIGHT WELL,...WHATEVER!
BULLSHIT ME ANY WHICH WAY...I'M USED TO IT...
AMAZINGLY, THE US ECONOMY SEEMS TO BE A TOTAL WORK OF FICTION...THERE IS ABSOLUTELY NOTHING BEHIND THE NUMBERS...AND I SUSPECT THAT EVERYONE KNOWS IT...
THE ONLY THING THAT COUNTS IS THE DAILY SPIN...AND IT'S STRONG AND LASTS ALL DAY...
THIS IS TRULY A DAYTRADERS MARKET... AND IN MOST WAYS IT'S MUCH MUCH WORSE THAT THE 1999 BUBBLE MARKET...
PROBABLY THE MOST DISMAL PART OF IT IS THAT THE MARKET...LIKE THE BUSH PRESIDENCY....IS SIMPLY IRRELEVANT TO MOST PEOPLE THESE DAYS...
IT'S JUST ONE BIG BULLSHITERS.... "WHATEVER....!
IT'S ALL BULLSHIT NOW... NOTHING REALLY MATTERS...EXCEPT THE DAILY SPIN.
I STILL HOLD THAT THE DOW WILL REACH 18,000 THIS YEAR...
THE BAD NEWS...AND IT IS DISMAL...IS GLOSSED OVER QUICKLY...
BUT ANY BULLISH BULLSHIT IS GIVEN HEADLINE STATUS FOR THE DAY...AND BREATHLESSLY TOUTED AS THE STORY DU JOUR...
TODAY HOUSING IS SHOWING NEED FOR A "RATE CUT"...YESTERDAY HOUSING WAS MANDATING A RATE HIKE... YEAH RIGHT WELL,...WHATEVER!
BULLSHIT ME ANY WHICH WAY...I'M USED TO IT...
AMAZINGLY, THE US ECONOMY SEEMS TO BE A TOTAL WORK OF FICTION...THERE IS ABSOLUTELY NOTHING BEHIND THE NUMBERS...AND I SUSPECT THAT EVERYONE KNOWS IT...
THE ONLY THING THAT COUNTS IS THE DAILY SPIN...AND IT'S STRONG AND LASTS ALL DAY...
THIS IS TRULY A DAYTRADERS MARKET... AND IN MOST WAYS IT'S MUCH MUCH WORSE THAT THE 1999 BUBBLE MARKET...
PROBABLY THE MOST DISMAL PART OF IT IS THAT THE MARKET...LIKE THE BUSH PRESIDENCY....IS SIMPLY IRRELEVANT TO MOST PEOPLE THESE DAYS...
IT'S JUST ONE BIG BULLSHITERS.... "WHATEVER....!
Thursday, May 24, 2007
AMERICAN NEWS: 100% PROPAGANDA...
One of the big problems in the US today is that all "news" is really special interest propaganda.
There is almost no concept of the "public interest"... The public interest in the US has been reduced to Gay Bashing...and remarks about "morals"...and this coming from a nation that is guilty of the worst war crimes in Iraq and elsewhere...
The entire focus of American news is to keep the public in favor of the Zionist agenda in the middle east...and the Wall Street/International Capital agenda in the domestic economy...
The distortions of fact and reality that are necessary to achieve this are truly amazing...
Nothing is really true in the US now...everything is spun by the government and the media to achieve a certain result...
Curiously that result is TOTALLY against the best interests of the average American... The "Jesus Bit" worked for a while...but now even that is starting to lose it's effectivness on the less intelligent people who tended to vote against their best interests and with the Republican/Greed Party...
Dubya is the lamest of lame ducks... But will things really be "allowed" to change under the Democrats...if they are part of the "system" that has decayed to this present dismal state...?
There is almost no concept of the "public interest"... The public interest in the US has been reduced to Gay Bashing...and remarks about "morals"...and this coming from a nation that is guilty of the worst war crimes in Iraq and elsewhere...
The entire focus of American news is to keep the public in favor of the Zionist agenda in the middle east...and the Wall Street/International Capital agenda in the domestic economy...
The distortions of fact and reality that are necessary to achieve this are truly amazing...
Nothing is really true in the US now...everything is spun by the government and the media to achieve a certain result...
Curiously that result is TOTALLY against the best interests of the average American... The "Jesus Bit" worked for a while...but now even that is starting to lose it's effectivness on the less intelligent people who tended to vote against their best interests and with the Republican/Greed Party...
Dubya is the lamest of lame ducks... But will things really be "allowed" to change under the Democrats...if they are part of the "system" that has decayed to this present dismal state...?
Wednesday, May 23, 2007
REALITY STARTS TO BITE FOR HILLARY...
SOONER OR LATER HILLARY WILL ACTUALLY HAVE TO WIN A PRIMARY...
AND SKIPPING IOWA IS NOT A SIGN OF CONFIDENCE
AND SKIPPING IOWA IS NOT A SIGN OF CONFIDENCE
DOW PATTERN...? THE "LATE DAY DROP...?"
There is an interesting pattern in the Dow Charts for the last three days...
A rally in the morning...then a late day drop...and a slight blip up at the end...
If it does it again...for a fourth day tomorrow...someone might notice...
Clearly the market masters are selling high in the morning...and then buying low in the afternoon... Could they be restocking inventory on a just in time basis.... this prolonged rally has got to be effecting the way stock selling is done by now...!
A rally in the morning...then a late day drop...and a slight blip up at the end...
If it does it again...for a fourth day tomorrow...someone might notice...
Clearly the market masters are selling high in the morning...and then buying low in the afternoon... Could they be restocking inventory on a just in time basis.... this prolonged rally has got to be effecting the way stock selling is done by now...!
FRIEDMAN PROVES HE'S AN IDIOT...AGAIN!
In today's NYT Friedman proves he's a moron with nothing to say...yet again!
This guy has become so predictably irrelevant that it's just amazing...
This guy has become so predictably irrelevant that it's just amazing...
HAS THE PLUG BEEN PULLED...?
WHO KNOWS! THE MARKET MASTERS DON'T TELL US ABOUT THESE THINGS...
BUT ONE THING SURE... WHEN THIS RALLY ABOUT "NOTIHING" DOES END...
IT'S GOING TO BE A DROP UNLIKE ANYTHING WE'VE EVER SEEN...
AND YOU KNOW SOMETHING...?
A POST MEMORIAL DAY PLUNGE...WOULD BE A FINE TIME TO PULL THE PLUG ON THE SUCKERS...AND ON THIS "RALLY ABOUT NOTHING."
IS OUR NEW ERA ENDING ALREADY...? LOL?
SO SOON!!
BUT ONE THING SURE... WHEN THIS RALLY ABOUT "NOTIHING" DOES END...
IT'S GOING TO BE A DROP UNLIKE ANYTHING WE'VE EVER SEEN...
AND YOU KNOW SOMETHING...?
A POST MEMORIAL DAY PLUNGE...WOULD BE A FINE TIME TO PULL THE PLUG ON THE SUCKERS...AND ON THIS "RALLY ABOUT NOTHING."
IS OUR NEW ERA ENDING ALREADY...? LOL?
SO SOON!!
OPPS!! SUDDEN SUCKER SHORTAGE ON WALL STREET !
GEE, THE MARKET TANKED ALMOST EXACTLY AFTER I POSTED HERE ABOUT MA AND PA BEING AWOL AT THE HEDGIE RALLY...
THAT'S WHY I AVOID SPECULATION...
I CAN TURN GOLD INTO SHIT...THE MINUTE I DECIDE IT'S "TIME TO BUY!!"
BUT STAY TUNED...FOR MORE AMAZING MARKET TURNING POSTINGS...RIGHT HERE AT GLOOM AND DOOM...
LOL...? Hmmmmm...?
BUT STILL LOOK HOW INCREDIBLY "MANAGED" THAT CHART LOOKS TODAY...I MEAN NOTHING HAPPENS UNLESS THE MARKET MASTERS SAY IT HAPPENS...
P.S. SORRY I DIDN'T MEAN TO QUEER THE RALLY...BUT WHAT CAN I SAY...? BLAME IT ON GREENSPAN...
THAT'S WHY I AVOID SPECULATION...
I CAN TURN GOLD INTO SHIT...THE MINUTE I DECIDE IT'S "TIME TO BUY!!"
BUT STAY TUNED...FOR MORE AMAZING MARKET TURNING POSTINGS...RIGHT HERE AT GLOOM AND DOOM...
LOL...? Hmmmmm...?
BUT STILL LOOK HOW INCREDIBLY "MANAGED" THAT CHART LOOKS TODAY...I MEAN NOTHING HAPPENS UNLESS THE MARKET MASTERS SAY IT HAPPENS...
P.S. SORRY I DIDN'T MEAN TO QUEER THE RALLY...BUT WHAT CAN I SAY...? BLAME IT ON GREENSPAN...
BUSH PUTS TROOPS INTO A "SHOOTING GALLERY!"
NO WONDER OSAMA HASN'T ATTACK INSIDE THE US... THE ISLAMISTS ARE HAVING TO MUCH "FUN" KILLING DUBYA'S TROOPS IN BAGHDAD...!
AND THE BILLIONS IN OFF THE BOOKS WAR SPENDING JUST KEEP ADDING UP...
BY NOW EVERY IRAQI KNOWS THAT THE AMERICANS ARE PITIFUL TARGETS...YOU'D THINK THERE WOULD BE SOME SYMPATHY FOR THEIR PLIGHT...
BUT WHEN YOUR DOOR IS BEING KICKED IN BY A BUNCH OF HYPER GUYS WITH A GUNS WHO HAVE NO RESPECT FOR YOU OR YOUR CULTURE AND RELIGION...IT'S PROBABLY HARD TO THINK ABOUT HAVING SYMPATHY...
AND THE BILLIONS IN OFF THE BOOKS WAR SPENDING JUST KEEP ADDING UP...
BY NOW EVERY IRAQI KNOWS THAT THE AMERICANS ARE PITIFUL TARGETS...YOU'D THINK THERE WOULD BE SOME SYMPATHY FOR THEIR PLIGHT...
BUT WHEN YOUR DOOR IS BEING KICKED IN BY A BUNCH OF HYPER GUYS WITH A GUNS WHO HAVE NO RESPECT FOR YOU OR YOUR CULTURE AND RELIGION...IT'S PROBABLY HARD TO THINK ABOUT HAVING SYMPATHY...
MARKETS LOOK VERY "MANAGED" THESE DAYS...
This Dow Chart looks pitifully "managed"...
The hope probably is that the retail suckers will somehow jump in and add new money to this hedge fund generated rally...thus allowing the hedgies to exit with a nice profit...without tanking the market in one day...
Ma and Pa hopefully will provide the hedgie exit strategy with a "cushion" that can be used to distribute to the suckers per usual...without crashing the market.
But I don't think so...not this time...
Today the general public is just not that ga-ga for stocks like they were in 1999...
Today, the average person is watching the gas price...not the Dow !
My hunch is that if the hedgies want this rally to continue they're going to have to make it happen themselves... No help from the retail suckers this time...
Pa and Ma are AWOL on this dismal rally about hyperinflation in their real economy of food, fuel and insurance!!!
Sorry Hedgies...not this time...
The hope probably is that the retail suckers will somehow jump in and add new money to this hedge fund generated rally...thus allowing the hedgies to exit with a nice profit...without tanking the market in one day...
Ma and Pa hopefully will provide the hedgie exit strategy with a "cushion" that can be used to distribute to the suckers per usual...without crashing the market.
But I don't think so...not this time...
Today the general public is just not that ga-ga for stocks like they were in 1999...
Today, the average person is watching the gas price...not the Dow !
My hunch is that if the hedgies want this rally to continue they're going to have to make it happen themselves... No help from the retail suckers this time...
Pa and Ma are AWOL on this dismal rally about hyperinflation in their real economy of food, fuel and insurance!!!
Sorry Hedgies...not this time...
Tuesday, May 22, 2007
CHINA HOLDING US ECONOMY "HOSTAGE!!"
But...Shhhh....!
We don't want to upset them...!!
Yes, it's come to that...the American Assholes are to afraid to speak up...!
If the American People will not defend their economy...who will? Everyone knows that this "China Thing" is unhealthy and unsustainable...but we have been pushed into it by the Greed Mongers on Wall Street who want to save a few bucks on their "labor costs" even if it means the US economy collapses eventually...!
Where are these greedy speculators going to go when the American Economy implodes...?
NOT TO ISRAEL...BECAUSE IT LIKELY WON'T BE THERE IN TEN OR TWENTY YEARS CONSIDERING THE WAY THE NEOCONS HAVE MESSED UP THE MIDDLE EAST...!
PITIFULL... REALLY PITIFULL...
We don't want to upset them...!!
Yes, it's come to that...the American Assholes are to afraid to speak up...!
If the American People will not defend their economy...who will? Everyone knows that this "China Thing" is unhealthy and unsustainable...but we have been pushed into it by the Greed Mongers on Wall Street who want to save a few bucks on their "labor costs" even if it means the US economy collapses eventually...!
Where are these greedy speculators going to go when the American Economy implodes...?
NOT TO ISRAEL...BECAUSE IT LIKELY WON'T BE THERE IN TEN OR TWENTY YEARS CONSIDERING THE WAY THE NEOCONS HAVE MESSED UP THE MIDDLE EAST...!
PITIFULL... REALLY PITIFULL...
DOW KEEPS SOARING...! THE TRUE NEW ERA HAS ARRIVED!!
IT'S INTERESTING HOW MILD THESE VERY OCCASIONAL "DISTRIBUTION DAYS" ARE...!
AND TODAY COULD HARDLY BE CALLED A DISTRIBUTION DAY...AS THE MARKET WAS UP UNTIL THE LAST FEW MINUTES...
WE ARE TRULY IN A "NEW ERA!" YES, I KNOW THE DOTCOM BUBBLE WAS SUPPOSED TO BE A NEW ERA TOO...BUT I NEVER BELIEVED IT THEN...EVER!
TODAY, I AM A FIRM BELIEVER IN THIS NEW ERA...! MAINLY BECAUSE IT'S BASED ON A WEAKER DOLLAR AND HIGHER INFLATION...
THE REASON THIS NEW ERA IS UNIQUE IS BECAUSE WE ARE NOW ALLOWED TO TALK ABOUT THINGS THAT WERE UNDISCUSSIBLE BEFORE...
THINGS LIKE THE CHINA TAKEOVER OF US INDUSTRY... THE WEAK DOLLAR...AND THE INEVITABILITY OF INFLATION...
THE LAST BUBBLE WAS REALLY JUST A SET UP FOR THIS "TRUE" NEW ERA... THE LAST BUBBLE WAS FAKE...
THIS BUBBLE IS FOR REAL...AND REPRESENTS THE TOTAL COLLAPSE OF MACROECONOMICS AS A SET OF RULES FOR THE ECONOMY...
THIS IS THE NEW ERA OF THE RICH CONTROLLING EVERYTHING...
THIS IS THE AGE OF PRIVATE EQUITY!!
POSTSCRIPT: BUT, LOOK AT IT THIS WAY...AT LEAST THE REPUBLICAN BUBBAS STILL HAVE JESUS...
AND TODAY COULD HARDLY BE CALLED A DISTRIBUTION DAY...AS THE MARKET WAS UP UNTIL THE LAST FEW MINUTES...
WE ARE TRULY IN A "NEW ERA!" YES, I KNOW THE DOTCOM BUBBLE WAS SUPPOSED TO BE A NEW ERA TOO...BUT I NEVER BELIEVED IT THEN...EVER!
TODAY, I AM A FIRM BELIEVER IN THIS NEW ERA...! MAINLY BECAUSE IT'S BASED ON A WEAKER DOLLAR AND HIGHER INFLATION...
THE REASON THIS NEW ERA IS UNIQUE IS BECAUSE WE ARE NOW ALLOWED TO TALK ABOUT THINGS THAT WERE UNDISCUSSIBLE BEFORE...
THINGS LIKE THE CHINA TAKEOVER OF US INDUSTRY... THE WEAK DOLLAR...AND THE INEVITABILITY OF INFLATION...
THE LAST BUBBLE WAS REALLY JUST A SET UP FOR THIS "TRUE" NEW ERA... THE LAST BUBBLE WAS FAKE...
THIS BUBBLE IS FOR REAL...AND REPRESENTS THE TOTAL COLLAPSE OF MACROECONOMICS AS A SET OF RULES FOR THE ECONOMY...
THIS IS THE NEW ERA OF THE RICH CONTROLLING EVERYTHING...
THIS IS THE AGE OF PRIVATE EQUITY!!
POSTSCRIPT: BUT, LOOK AT IT THIS WAY...AT LEAST THE REPUBLICAN BUBBAS STILL HAVE JESUS...
CHINA OWNS AMERICA...!
STOCKS WILL KEEP SOARING INDEFINITELY...
REALITY IS STRICTLY OPTIONAL NOW...IT'S ALL ABOUT THE PRINTING PRESSES AT THE FED....
KEEP 'EM ROLLIN' ROLLIN' ROLLIN'....
THE DOLLAR IS DONE...THIS CHINA BUSINESS TODAY IS REALLY JUST LAYING THE GROUNDWORK FOR THE:
ULTIMATE TAKEOVER!
REALITY IS STRICTLY OPTIONAL NOW...IT'S ALL ABOUT THE PRINTING PRESSES AT THE FED....
KEEP 'EM ROLLIN' ROLLIN' ROLLIN'....
THE DOLLAR IS DONE...THIS CHINA BUSINESS TODAY IS REALLY JUST LAYING THE GROUNDWORK FOR THE:
ULTIMATE TAKEOVER!
LEBANESE GOVERMENT COMMITS WAR CRIMES!
IT'S PRETTY MUCH OVER FOR THE PUPPETS OF BEIRUT...
THEY HAVE OUTRAGED THE ENTIRE WORLD WITH THEIR BUSHIAN INCOMPETENCE...
THEY HAVE OUTRAGED THE ENTIRE WORLD WITH THEIR BUSHIAN INCOMPETENCE...
Monday, May 21, 2007
CARTER RETAINS STATUS AS "WORSE PRESIDENT" EVER!!
CARTER SHOULD JUST START KEEPING HIS MOUTH SHUT...AND BE CONTENT WITH HIS POSITION AS THE WORST PRESIDENT IN US HISTORY...
BESIDES THAT'S SOMETHING FOR HISTORIANS TO DECIDE...NOT CARTER.
BESIDES THAT'S SOMETHING FOR HISTORIANS TO DECIDE...NOT CARTER.
BUSH BACKS THE GENOCIDE!!
LEBANON GENOCIDE!! WHERE IS THE INTERNATIONAL COMMUNITY!!
NEW CIVIL WAR IN THE MIDDLE EAST!!
NEW CIVIL WAR IN THE MIDDLE EAST!!
EDWARDS WILL WIN DEMOCRATIC NOMINATION!
CNN:
On the Democratic side, former North Carolina Sen. John Edwards leads the pack in the battle for his party's nomination, registering 29 percent in the poll -- six percentage points higher than Illinois Sen. Barack Obama. New York Sen. Hillary Clinton is a close third at 21 percent and New Mexico Gov. Bill Richardson, who officially launches his presidential bid Monday, registers 10 percent. The remaining candidates polled in single digits.
On the Democratic side, former North Carolina Sen. John Edwards leads the pack in the battle for his party's nomination, registering 29 percent in the poll -- six percentage points higher than Illinois Sen. Barack Obama. New York Sen. Hillary Clinton is a close third at 21 percent and New Mexico Gov. Bill Richardson, who officially launches his presidential bid Monday, registers 10 percent. The remaining candidates polled in single digits.
HUGE M&A FRENZY WILL CONTINUE...PRIVATE EQUITY IS UNSTOPPABLE!!
THE PUBLIC INTEREST HAS BEEN TAKEN OVER BY THE PRIVATE INTERESTS...
HUGE M&A WILL CONTINUE... PRIVATE EQUITY WILL OWN THE US ECONOMY LOCK STOCK AND BARREL BEFORE THE END OF THIS AMAZING YEAR!
AND NOTHING CAN STOP IT...
THIS IS THE END GAME THAT GREENSPAN ENVISIONED; AND THAT BERNANKE WAS HIRED TO COMPLETE...
CAPITAL RULES THE WORLD! NOTHING ELSE MATTERS... IT'S SMASH AND GRAB FOR THE DURATION OF REPUBLICAN RULE IN WASHINGTON... COMPLAIN AS THEY WILL...THE DEMOCRATS AND THE PUBLIC WILL ONLY GET SARCASTIC SMIRKS OUT OF THE WHITE HOUSE NOW...BECAUSE THAT IS FRANKLY ALL THE AMERICAN PUBLIC DESERVES...!
NO ONE EVER SAID THAT BEING STUPID WOULD BE EASY...!
HUGE M&A WILL CONTINUE... PRIVATE EQUITY WILL OWN THE US ECONOMY LOCK STOCK AND BARREL BEFORE THE END OF THIS AMAZING YEAR!
AND NOTHING CAN STOP IT...
THIS IS THE END GAME THAT GREENSPAN ENVISIONED; AND THAT BERNANKE WAS HIRED TO COMPLETE...
CAPITAL RULES THE WORLD! NOTHING ELSE MATTERS... IT'S SMASH AND GRAB FOR THE DURATION OF REPUBLICAN RULE IN WASHINGTON... COMPLAIN AS THEY WILL...THE DEMOCRATS AND THE PUBLIC WILL ONLY GET SARCASTIC SMIRKS OUT OF THE WHITE HOUSE NOW...BECAUSE THAT IS FRANKLY ALL THE AMERICAN PUBLIC DESERVES...!
NO ONE EVER SAID THAT BEING STUPID WOULD BE EASY...!
Sunday, May 20, 2007
ONLY GAS PRICES WILL STOP THE WILD FRENZY ON WALL STREET.
WHAT THE FED IS TOO GUTLESS TO DO... THE OIL MARKET WILL DO...
THE DOW WILL CONTINUE TO SOAR...BUT THERE WILL BE A PRICE TO PAY...HIGHER OIL PRICES AND GAS PRICES WILL TOP $5 PER GALLON BY 2008!
THE DOW WILL CONTINUE TO SOAR...BUT THERE WILL BE A PRICE TO PAY...HIGHER OIL PRICES AND GAS PRICES WILL TOP $5 PER GALLON BY 2008!
BERNANKE: THE STOOGE OF WALL STREET!
AT THE END OF THIS FINANCIAL MARKET FRENZY BERNANKE WILL BE FORCED OUT OF THE FED...A NEW FED CHAIRMAN WILL BE ESSENTIAL.
BERNANKE REALLY HAS NO CHOICE EXCEPT TO BE A STOOGE OF THE SPECULATING CLASSES WHO RUN THE MARKETS AND THE US ECONOMY. HE HAS MAKE THIS ABUNDANTLY CLEAR.
BUT THIS IS AN END GAME SCENARIO... BERNANKE WILL HAVE TO LEAVE THE FED AFTER THE CURRENT SPECULATIVE FRENZY IS OVER...
BECAUSE WHEN IT IS OVER...NO MATTER HOW LONG IT TAKES...BERNANKE'S CREDIBILITY AND THE REPUTATION OF THE FED WILL BE FINISHED...
IT'S 1907 ALL OVER AGAIN...
WE WILL NEED A "NEW FED" WITH A NEW MISSION THAT INCLUDES NOT JUST THE SPECULATING CLASSES...
BERNANKE REALLY HAS NO CHOICE EXCEPT TO BE A STOOGE OF THE SPECULATING CLASSES WHO RUN THE MARKETS AND THE US ECONOMY. HE HAS MAKE THIS ABUNDANTLY CLEAR.
BUT THIS IS AN END GAME SCENARIO... BERNANKE WILL HAVE TO LEAVE THE FED AFTER THE CURRENT SPECULATIVE FRENZY IS OVER...
BECAUSE WHEN IT IS OVER...NO MATTER HOW LONG IT TAKES...BERNANKE'S CREDIBILITY AND THE REPUTATION OF THE FED WILL BE FINISHED...
IT'S 1907 ALL OVER AGAIN...
WE WILL NEED A "NEW FED" WITH A NEW MISSION THAT INCLUDES NOT JUST THE SPECULATING CLASSES...
WALL STREET MIRACLE WILL CONTINUE!
NO FORCE ON EARTH CAN STOP WALL STREET NOW...
CAPITAL IS IN TOTAL CONTROL...ECONOMICS IS OBSOLETE!
MACRO-ECONOMICS IS AN PITIFUL HOBBY FOR USELESS INTELLECTUALS...
THE US DOLLAR IS ACHIEVING THE GREATEST MIRACLE EVER SEEN IN THE HISTORY OF THE WORLD...
CAPITAL IS IN TOTAL CONTROL...ECONOMICS IS OBSOLETE!
MACRO-ECONOMICS IS AN PITIFUL HOBBY FOR USELESS INTELLECTUALS...
THE US DOLLAR IS ACHIEVING THE GREATEST MIRACLE EVER SEEN IN THE HISTORY OF THE WORLD...
MARKETS WILL SOAR TO NEW HIGHS!! DOW 18,000 LOOMS!
WHY...? 'CAUSE THEY GOTTA...THAT'S WHY. DON'T QUESTION ANYTHING! THE PEOPLE RUNNING THIS SHOW KNOW WHAT THEY WANT AND THEY WILL NOT BE STOPPED... GET USED TO IT...
QUESTIONING ANYTHING IS FUTILE! DO NOT QUESTION ANYTHING...THESE ARE VERY EXCEPTIONAL TIMES... THIS IS THE END GAME AND NOTHING CAN STOP WALL STREET FROM SWEEPING THE FIELD. ALL OPPOSITION WILL BE CRUSHED. MONEY AND CREDIT RULE WHEN THE RULING CLASS HAS ALL THE MONEY AND CREDIT. MONEY IS NOW A TOTAL ABSTRACTION. AND THE MARKET IS REALLY NOTHING MORE THAN A GAME. THE PUBLIC REALLY DOES NOT MATTER ANYMORE...THE PUBLIC IS MERELY A SPECTATOR TO THE GREAT EVENTS NOW UNFOLDING...
QUESTIONING IS FUTILE...DO NOT QUESTION.
DOW 14,000 THIS WEEK IS POSSIBLE!!
POSTSCRIPT: OK WHAT STOPS IT...REALLY? PROBABLY THE COLLAPSE OF THE DOLLAR BUBBLE AND OIL SOARING TO $100+ PER BARREL. ONLY $5 GAS IN THE US COULD SLOW THE MARKETS NOW... ABSENT THAT THE MARKET MASTERS WILL STAY IN CONTROL... THE MAN ON THE STREET WILL BE SILENT ABOUT THE "MIRACLE ON WALL STREET."
QUESTIONING ANYTHING IS FUTILE! DO NOT QUESTION ANYTHING...THESE ARE VERY EXCEPTIONAL TIMES... THIS IS THE END GAME AND NOTHING CAN STOP WALL STREET FROM SWEEPING THE FIELD. ALL OPPOSITION WILL BE CRUSHED. MONEY AND CREDIT RULE WHEN THE RULING CLASS HAS ALL THE MONEY AND CREDIT. MONEY IS NOW A TOTAL ABSTRACTION. AND THE MARKET IS REALLY NOTHING MORE THAN A GAME. THE PUBLIC REALLY DOES NOT MATTER ANYMORE...THE PUBLIC IS MERELY A SPECTATOR TO THE GREAT EVENTS NOW UNFOLDING...
QUESTIONING IS FUTILE...DO NOT QUESTION.
DOW 14,000 THIS WEEK IS POSSIBLE!!
POSTSCRIPT: OK WHAT STOPS IT...REALLY? PROBABLY THE COLLAPSE OF THE DOLLAR BUBBLE AND OIL SOARING TO $100+ PER BARREL. ONLY $5 GAS IN THE US COULD SLOW THE MARKETS NOW... ABSENT THAT THE MARKET MASTERS WILL STAY IN CONTROL... THE MAN ON THE STREET WILL BE SILENT ABOUT THE "MIRACLE ON WALL STREET."
MIDDLE EAST DECENDS INTO TOTAL CHAOS...
GOOD FOR ISRAEL... GOOD FOR THE OIL COMPANIES...GOOD FOR THE NEOCONS AND GOOD FOR WALL STREET!
IT'S A GEOPOLITICAL HAT TRICK FOR WASHINGTON...
IT'S A GEOPOLITICAL HAT TRICK FOR WASHINGTON...
Friday, May 18, 2007
MANAGED MARKETS BABY, MANAGED MARKETS...
TODAY'S DOW CHART IS A BIT OF A JOKE...
BUT THAT'S THE WAY IT IS THESE DAYS...
BUT THAT'S THE WAY IT IS THESE DAYS...
RALLY ABOUT HYPERINFLATION CONTINUES...
AIN'T NO STOPPING THE HYPER INFLATION RALLY NOW... IT'S A MOONSHOT!
JUST LOOK AT OIL AND GOLD...
THE DOW IS ONLY A SYMPTOM OF THE WEAKER DOLLAR... WHICH IS ALSO FALLING TODAY...
THIS IS REALLY A RALLY ABOUT NOTHING BECAUSE UNLIKE THE BUBBLE OF 1999 THERE IS NO REAL "STORY" BEHIND THIS BUBBLE...
THIS IS JUST A SITUATION WHERE IN THE FINAL YEARS OF THE BUSH INCOMPETENCE THE MEGA RICH TOOK CONTROL OF THE ECONOMY AND THE MARKETS FOR ONE LAST FLING...
THIS WILL CONTINUE FOR A LONG TIME...BUT LIKE ANY OTHER BUBBLE IT WILL END IN A CRASH...
BUT DON'T WORRY...YOU'LL BE THE ONE TO GET OUT "JUST IN TIME"...YOU'LL BE SMART ENOUGH TO SELL THE TOP...
HEY YOU ALWAYS DO DON'T YOU...?!
JUST LOOK AT OIL AND GOLD...
THE DOW IS ONLY A SYMPTOM OF THE WEAKER DOLLAR... WHICH IS ALSO FALLING TODAY...
THIS IS REALLY A RALLY ABOUT NOTHING BECAUSE UNLIKE THE BUBBLE OF 1999 THERE IS NO REAL "STORY" BEHIND THIS BUBBLE...
THIS IS JUST A SITUATION WHERE IN THE FINAL YEARS OF THE BUSH INCOMPETENCE THE MEGA RICH TOOK CONTROL OF THE ECONOMY AND THE MARKETS FOR ONE LAST FLING...
THIS WILL CONTINUE FOR A LONG TIME...BUT LIKE ANY OTHER BUBBLE IT WILL END IN A CRASH...
BUT DON'T WORRY...YOU'LL BE THE ONE TO GET OUT "JUST IN TIME"...YOU'LL BE SMART ENOUGH TO SELL THE TOP...
HEY YOU ALWAYS DO DON'T YOU...?!
Thursday, May 17, 2007
REMEMBER WHEN ISRAEL/US HATED FATAH...?
REMEMBER WHEN ISRAEL AND IT'S GOLEM IN WASHINGTON... HATED FATAH...AND REMEMBER EVIL ARAFAT...?
NOW AFTER YEARS OF HYPOCRISY FROM ISRAEL AND THE US... WE HAVE HAMAS...
AND SUDDENLY FATAH ARE LOOKING LIKE THE "GOOD GUYS!!"
THATS WHAT HAPPENS WHEN YOUR BASIC POLICY IS BASED ON LIES AND DECEPTION... AND IT'S EVEN WORSE WHEN YOU START BELIEVING YOUR OWN LIES!!
LET IT RIP...
NOW AFTER YEARS OF HYPOCRISY FROM ISRAEL AND THE US... WE HAVE HAMAS...
AND SUDDENLY FATAH ARE LOOKING LIKE THE "GOOD GUYS!!"
THATS WHAT HAPPENS WHEN YOUR BASIC POLICY IS BASED ON LIES AND DECEPTION... AND IT'S EVEN WORSE WHEN YOU START BELIEVING YOUR OWN LIES!!
LET IT RIP...
WATCH THE BIG AFTERNOON RALLY HERE
GO! GO! GO! THE DOW ALWAYS HAS A "LATE DAY RALLY" TO SET THE STAGE FOR THE NEXT DAY'S HYPE...ALTHOUGH A HEAD FAKE DECLINE IS ALSO POSSIBLE...AND NECESSARY TO GET SOME SUCKERS TO SELL...
UP SHE GOES...RIGHT ON SCHEDULE...!
UP SHE GOES...RIGHT ON SCHEDULE...!
BERNANKE WILL FUND THE BUBBLE...
HE HAS NO CHOICE NOW... KISSING UP TO THE SUBPRIME LENDERS IS KEY...
IS HE FEARLESS...OR JUST CLUELESS ABOUT THE CONSEQUENCES OF RUNNING A BUBBLES FOREVER MONETARY POLICY...?
IS HE FEARLESS...OR JUST CLUELESS ABOUT THE CONSEQUENCES OF RUNNING A BUBBLES FOREVER MONETARY POLICY...?
BERNANKE SPEAKS...DOW SOARS!!
THE FED IS SIMPLY THE TOOL OF WALL STREET NOW...
DO NOT FEAR THE FED...! THEY ARE TRAPPED IN THE BUBBLE...JUST LIKE THE GERMAN BANKS IN THE 1920's...
ONLY HYPER INFLATION IS ALLOWABLE NOW... WE'VE HAD THE ASSET INFLATION FOR YEARS...BUT THE HYPERINFLATION OF REAL ECONOMY ASSETS LIKE GAS AND FOOD...IS GOING TO BE A NEW TWIST IN THE FEDS MISGUIDED HYPER-LIQUIDITY MODEL...
DO NOT FEAR THE FED...! THEY ARE TRAPPED IN THE BUBBLE...JUST LIKE THE GERMAN BANKS IN THE 1920's...
ONLY HYPER INFLATION IS ALLOWABLE NOW... WE'VE HAD THE ASSET INFLATION FOR YEARS...BUT THE HYPERINFLATION OF REAL ECONOMY ASSETS LIKE GAS AND FOOD...IS GOING TO BE A NEW TWIST IN THE FEDS MISGUIDED HYPER-LIQUIDITY MODEL...
BEWARE EARLY MORNING HEAD FAKE "DECLINES."
THE DOW IS SO OVERBOUGHT NOW... THAT THESE EARLY MORNING "HEAD FAKE" DECLINES ARE GOING TO BE NECESSARY TO SHAKE LOOSE SOME STOCK TO SELL.
WHO WOULD SELL THE DOW NOW...? IT GOES UP EVERYDAY!
JUST HOLD ON AND MAKE MORE MONEY...TODAY! RIGHT NOW!
ONLY A TOTAL FOOL WOULD SELL THIS DOW!
AFTER THE HEAD FAKES DECLINES LOSE THEIR EFFECTIVENESS...PERHAPS LATER THIS SUMMER...IT MAY BE NECESSARY TO HAVE A REAL INTERDAY DECLINE TO SHAKE OUT A FEW SUCKERS AND NERVOUS NELLIES...
BUT THIS MARKET IS A MOONSHOT!! AT LEAST UNTIL THE 2008 ELECTIONS...
WHO WOULD SELL THE DOW NOW...? IT GOES UP EVERYDAY!
JUST HOLD ON AND MAKE MORE MONEY...TODAY! RIGHT NOW!
ONLY A TOTAL FOOL WOULD SELL THIS DOW!
AFTER THE HEAD FAKES DECLINES LOSE THEIR EFFECTIVENESS...PERHAPS LATER THIS SUMMER...IT MAY BE NECESSARY TO HAVE A REAL INTERDAY DECLINE TO SHAKE OUT A FEW SUCKERS AND NERVOUS NELLIES...
BUT THIS MARKET IS A MOONSHOT!! AT LEAST UNTIL THE 2008 ELECTIONS...
MARKETS WILL SOAR TODAY...AS USUAL
This premarket twaddle about the Dow having a "down day" is just nonsense...
The market will soar today...as it has for nearly every day in recent memory.
This is simply not a market that can be allowed to think or rest...it is on a mission! And that Mission is to reach 18,000 by the end of this year!
If the Dow does "accidently" finish lower on any given day...it will only be slightly lower...after a big end of day rally has failed to wipe out an intraday decline...
FOR ALL PRACTICAL PURPOSES THE DOW WILL NEVER FALL AGAIN!
I KNOW IT SOUNDS INCREDIBLE...BUT WE ARE IN THAT RARE PERIOD...I WOULD CALL IT THE: "AGE OF THE BILLIONAIRES"...
IF THE BILLIONAIRES AND HEDGE FUNDS SAY THE MARKET GOES UP?
THE MARKET WILL GO UP...AND THAT IS THE CURRENT BIG BET BY THE HEDGE FUND CROWD...
WHO PRESENTLY OWN THE US ECONOMY AND THE MARKETS.
SADDLY THE ONCE MIGHTY FED HAS BEEN REDUCED TO A MERE TOOL OF WALL STREET... BERNANKE HAS MANAGED TO MAKE HIMSELF TOTALLY OBSOLETE.
IF THE MARKET OPENS LOWER...IT WILL FINISH HIGHER...AND PERHAPS MUCH HIGHER...
THIS IS A VERY VERY SPECIAL TIME IN THE HISTORY OF THE US ECONOMY.
WE ARE SEEING THE FINAL COLLAPSE OF THE DOLLAR BUBBLE...AND IT IS BEING REFLECTED IN THE SLOW BUT INEVITABLE RISE IN THE DOW AS THE DEVALUATION CONTINUES...
LONGER TERM...THERE WILL BE SOME PUBLIC OUTRAGE ABOUT THE ECONOMY AS GAS PRICES SOAR...
BUT THAT'S A STORY FOR THE NEXT ELECTION CYCLE...AND THAT'S A WAYS OFF...
WALL STREET SUSPECTS THAT THE AGE OF THE BILLIONAIRES IS LIKELY ENDING...
BUT FOR NOW... IT'S "SMASH AND GRAB TIME" LIKE THERE IS NO TOMORROW!
The market will soar today...as it has for nearly every day in recent memory.
This is simply not a market that can be allowed to think or rest...it is on a mission! And that Mission is to reach 18,000 by the end of this year!
If the Dow does "accidently" finish lower on any given day...it will only be slightly lower...after a big end of day rally has failed to wipe out an intraday decline...
FOR ALL PRACTICAL PURPOSES THE DOW WILL NEVER FALL AGAIN!
I KNOW IT SOUNDS INCREDIBLE...BUT WE ARE IN THAT RARE PERIOD...I WOULD CALL IT THE: "AGE OF THE BILLIONAIRES"...
IF THE BILLIONAIRES AND HEDGE FUNDS SAY THE MARKET GOES UP?
THE MARKET WILL GO UP...AND THAT IS THE CURRENT BIG BET BY THE HEDGE FUND CROWD...
WHO PRESENTLY OWN THE US ECONOMY AND THE MARKETS.
SADDLY THE ONCE MIGHTY FED HAS BEEN REDUCED TO A MERE TOOL OF WALL STREET... BERNANKE HAS MANAGED TO MAKE HIMSELF TOTALLY OBSOLETE.
IF THE MARKET OPENS LOWER...IT WILL FINISH HIGHER...AND PERHAPS MUCH HIGHER...
THIS IS A VERY VERY SPECIAL TIME IN THE HISTORY OF THE US ECONOMY.
WE ARE SEEING THE FINAL COLLAPSE OF THE DOLLAR BUBBLE...AND IT IS BEING REFLECTED IN THE SLOW BUT INEVITABLE RISE IN THE DOW AS THE DEVALUATION CONTINUES...
LONGER TERM...THERE WILL BE SOME PUBLIC OUTRAGE ABOUT THE ECONOMY AS GAS PRICES SOAR...
BUT THAT'S A STORY FOR THE NEXT ELECTION CYCLE...AND THAT'S A WAYS OFF...
WALL STREET SUSPECTS THAT THE AGE OF THE BILLIONAIRES IS LIKELY ENDING...
BUT FOR NOW... IT'S "SMASH AND GRAB TIME" LIKE THERE IS NO TOMORROW!
Wednesday, May 16, 2007
HERE'S THE REPORT ON US HEALTH CARE DEBACLE
Here's the pdf on the US health care mess that the corrupt Congress and Wall Street refuse to reform... CLICK HERE to read the entire report...
You have to wonder if the mega rich and their shills in Congress really plan on staying in the US longer term. The US economy is becoming a Hell Hole for all but the super rich. And worst of all the US electorate now seems to accept that Congress is "on the take" from large special interests.
All most no one believes that Congress does "the people's work" anymore...that notion is considered rather quiant nowadays...
We have exchanged democracy for plutocracy...thanks in part to the Supreme Court's protection of the super-rich "right to free speech" ....through controlling the media and spreading lies to the less informed public.
You have to wonder if the mega rich and their shills in Congress really plan on staying in the US longer term. The US economy is becoming a Hell Hole for all but the super rich. And worst of all the US electorate now seems to accept that Congress is "on the take" from large special interests.
All most no one believes that Congress does "the people's work" anymore...that notion is considered rather quiant nowadays...
We have exchanged democracy for plutocracy...thanks in part to the Supreme Court's protection of the super-rich "right to free speech" ....through controlling the media and spreading lies to the less informed public.
Tuesday, May 15, 2007
THESE BASTARDS DON'T DESERVE A BREAK...
I'VE DECIDED TO REOPEN THIS BLOG... WHY? BECAUSE....
THE BASTARDS DON'T DESERVE A "BREAK"....
WHY SHOULD WE LET THEM RUN WILD...AND NOT SAY ANYTHING...?
WHY SHOULD WE LET THE BASTARDS LOOT THE ECONOMY...AND REMAIN SILENT...BECAUSE OF DECORUM AND POLITENESS?
OH PLEASE...!
IT MAKES NO SENSE....
THE COMING COMMENTARY WILL BE VERY FRANK AND TRUTH ORIENTED...NOT WHAT YOU GET IN THE MSM...
WE SIMPLY MUST NOT GIVE THESE LOOTING BASTARDS A FREE RIDE JUST BECAUSE THEY CONTROL THE MAIN STREAM MEDIA...
STAY TUNED...
THE BASTARDS DON'T DESERVE A "BREAK"....
WHY SHOULD WE LET THEM RUN WILD...AND NOT SAY ANYTHING...?
WHY SHOULD WE LET THE BASTARDS LOOT THE ECONOMY...AND REMAIN SILENT...BECAUSE OF DECORUM AND POLITENESS?
OH PLEASE...!
IT MAKES NO SENSE....
THE COMING COMMENTARY WILL BE VERY FRANK AND TRUTH ORIENTED...NOT WHAT YOU GET IN THE MSM...
WE SIMPLY MUST NOT GIVE THESE LOOTING BASTARDS A FREE RIDE JUST BECAUSE THEY CONTROL THE MAIN STREAM MEDIA...
STAY TUNED...
ANOTHER GOD DAMNED HYPOCRITE IN HELL!
BURN BABY BURN...! GOD STRUCK DOWN FALWELL...! FOR HIS GOD DAMNED HYPOCRISY...
Sunday, May 6, 2007
BERNANKE'S HYPER-INFLATIONARY BULL MARKET!
EIGHTY YEAR OLD MARKET RECORDS ARE FALLING FASTER THAN THE DOLLAR!
AND THAT TELLS YOU SOMETHING!
SOMETHING BIG IS COMING...THESE RECORDS ARE NOT BEING BROKEN FOR NOTHING...
MAKE NO MISTAKE THIS IS THE HIGH POINT FOR INTERNATIONAL CAPITAL'S CONTROL OF THE GLOBAL ECONOMY...
WHAT 1975 WAS FOR LABOR...2007 WILL BE FOR CAPITAL...
NAMELY A HIGH POINT NEVER TO BE SEEN AGAIN...
MY HUNCH IS THAT THIS WILL BE BEST SUMMER THAT CAPITAL WILL SEE FOR THE NEXT 50 YEARS...
ENJOY IT WHILE IT LASTS...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
AND THAT TELLS YOU SOMETHING!
SOMETHING BIG IS COMING...THESE RECORDS ARE NOT BEING BROKEN FOR NOTHING...
MAKE NO MISTAKE THIS IS THE HIGH POINT FOR INTERNATIONAL CAPITAL'S CONTROL OF THE GLOBAL ECONOMY...
WHAT 1975 WAS FOR LABOR...2007 WILL BE FOR CAPITAL...
NAMELY A HIGH POINT NEVER TO BE SEEN AGAIN...
MY HUNCH IS THAT THIS WILL BE BEST SUMMER THAT CAPITAL WILL SEE FOR THE NEXT 50 YEARS...
ENJOY IT WHILE IT LASTS...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
THE COMING DYSTOPIA, or THE GREAT LIQUIDATION
In the future only the poor will own...hard assets..that is to say, only the poor will possess, things, objects or other "material possessions"
The Rich, on the other hand, will own only "abstractions"....for example, Stocks, Bonds, Paper Money, E-Cash, Credit, Insurance Policies, Annuities and Retirement plans...
These abstractions will be supported by exclusive Elite control of the "Means of Thinking"...not the "Means of Production"...!
This is the real meaning of our so-called "Knowledge Economy."
The means of thinking will be the mass media, print and broadcast, The Internet, Radio.
And of course, Religion...and the Right to use military force and police power.
These abstractions owned by the Rich will be "borderless." They will therefore never be controlled by the State...which will be confined to "taxing" the poor on their now nearly worthless "stuff" and other material possessions.
There will soon be a massive liquidation of "real stuff" by the Rich....as they seek to divest themselves of their material possessions.
The Rich will realize that in the coming Post Consumerist World...where material goods are mass producted in huge quantities...ownership of material things will be the true badge of poverty.
And remember, material possessions can be controlled by the state...taxed, siezed or otherwise confiscated...
The poor will be "allowed" to run this once and future State of Dystopia, in the name of democracy.
Even real estate will be seen as a needless burden...and therefore only attractive to the poor...the rich will rent their real estate from the over-taxed poor...!
The poor for their part will be reduced to selling and exchanging their nearly "worthless stuff" on places like Ebay...and other Internet Venues... The poor will be reduced to a "barter system" using material goods...not unlike the economic system of ancient times...!
What is coming at the macroeconomic level could be called:
THE GREAT LIQUIDATION....
AND IT WILL BE HAPPENING A LOT SOONER THAN MANY PEOPLE THINK...
The Rich, on the other hand, will own only "abstractions"....for example, Stocks, Bonds, Paper Money, E-Cash, Credit, Insurance Policies, Annuities and Retirement plans...
These abstractions will be supported by exclusive Elite control of the "Means of Thinking"...not the "Means of Production"...!
This is the real meaning of our so-called "Knowledge Economy."
The means of thinking will be the mass media, print and broadcast, The Internet, Radio.
And of course, Religion...and the Right to use military force and police power.
These abstractions owned by the Rich will be "borderless." They will therefore never be controlled by the State...which will be confined to "taxing" the poor on their now nearly worthless "stuff" and other material possessions.
There will soon be a massive liquidation of "real stuff" by the Rich....as they seek to divest themselves of their material possessions.
The Rich will realize that in the coming Post Consumerist World...where material goods are mass producted in huge quantities...ownership of material things will be the true badge of poverty.
And remember, material possessions can be controlled by the state...taxed, siezed or otherwise confiscated...
The poor will be "allowed" to run this once and future State of Dystopia, in the name of democracy.
Even real estate will be seen as a needless burden...and therefore only attractive to the poor...the rich will rent their real estate from the over-taxed poor...!
The poor for their part will be reduced to selling and exchanging their nearly "worthless stuff" on places like Ebay...and other Internet Venues... The poor will be reduced to a "barter system" using material goods...not unlike the economic system of ancient times...!
What is coming at the macroeconomic level could be called:
THE GREAT LIQUIDATION....
AND IT WILL BE HAPPENING A LOT SOONER THAN MANY PEOPLE THINK...
Friday, May 4, 2007
TOM FRIEDMAN IS A MORON...
Is it just me or has Tom Friedman become an unreadable Moron in the last year or two...
He used to be "one of us" in the liberal cause...then after the Iraq War...he started touting the Israeli Lobby's Line...along with Senator Levin of Michigan...sort of becoming the anti-war Jews, who were secretly for the war...
But of course...if not Friedman...who?
Then all that China and India crap... And lately this unreadable "Green" Bull Shit.....
Does anyone buy the NYT because Friedman is on the op-ed page? I doubt it...
Krugman and Dowd are the big op-ed draws now...and even Brooks is worth reading occasionally...just to watch him struggle with his conservative portfolio of mis-information...
Brooks proves that no intellectual can be a successful conservative... Wm Buckley could pull it off as a conservative...he'd always change the subject, or revert to mantras and platitudes...in true conservative fashion...
He used to be "one of us" in the liberal cause...then after the Iraq War...he started touting the Israeli Lobby's Line...along with Senator Levin of Michigan...sort of becoming the anti-war Jews, who were secretly for the war...
But of course...if not Friedman...who?
Then all that China and India crap... And lately this unreadable "Green" Bull Shit.....
Does anyone buy the NYT because Friedman is on the op-ed page? I doubt it...
Krugman and Dowd are the big op-ed draws now...and even Brooks is worth reading occasionally...just to watch him struggle with his conservative portfolio of mis-information...
Brooks proves that no intellectual can be a successful conservative... Wm Buckley could pull it off as a conservative...he'd always change the subject, or revert to mantras and platitudes...in true conservative fashion...
STRAIGHT UP DOW BEATS 1955 RECORD!!!
THE RAPTURE IS UPON US...!
THE DOW MAY NEVER DECLINE AGAIN!
AT LEAST NOT THIS YEAR...
THIS WILL BE A RECORD MOONSHOT YEAR...
A STRAIGHT LINE RUN TO 18,000 WITH NO BREAKS...!
OF COURSE THE REAL ECONOMY WILL BE IN COLLAPSE...BUT HEY, NO ONE EVER SAID A GERMAN STYLE HYPERINFLATION WOULD BE FUN FOR EVERYONE!
THE DOW MAY NEVER DECLINE AGAIN!
AT LEAST NOT THIS YEAR...
THIS WILL BE A RECORD MOONSHOT YEAR...
A STRAIGHT LINE RUN TO 18,000 WITH NO BREAKS...!
OF COURSE THE REAL ECONOMY WILL BE IN COLLAPSE...BUT HEY, NO ONE EVER SAID A GERMAN STYLE HYPERINFLATION WOULD BE FUN FOR EVERYONE!
FOUR DOLLAR GAS...WILL SHUT DOWN TOURISM BEFORE IT OPENS!
THE TOURIST SEASON COULD END ON MEMORIAL DAY THIS YEAR...!
THE ECONOMIC CONSEQUENCES OF $4 GAS HAVE BEEN IGNORED...
BUT IF YOU BUY THE DOW NOW...YOU CAN AFFORD TO TAKE A HOLIDAY ON YOU'RE DAILY "WINNINGS."
WE LIVE IN AN AGE OF MIRACLES!
MAYBE BUSH WAS RIGHT...?
THE ECONOMIC CONSEQUENCES OF $4 GAS HAVE BEEN IGNORED...
BUT IF YOU BUY THE DOW NOW...YOU CAN AFFORD TO TAKE A HOLIDAY ON YOU'RE DAILY "WINNINGS."
WE LIVE IN AN AGE OF MIRACLES!
MAYBE BUSH WAS RIGHT...?
DOLLAR PLUNGE RESUMES...GOLD UP.
OIL WILL FOLLOW BUT AT A MUCH SLOWER PACE...
WASHINGTON AND WALL STREET DON'T WANT TO ROCK THAT BOAT...!
NOT DURING THIS BIG BERNANKE "BLOW OFF TOP" STOCK RALLY...
WASHINGTON AND WALL STREET DON'T WANT TO ROCK THAT BOAT...!
NOT DURING THIS BIG BERNANKE "BLOW OFF TOP" STOCK RALLY...
WHY ALL THE YAHOOING...?
THERE IS NOTHING TO YAHOO ABOUT... THE ECONOMY IS IN NEAR COLLAPSE... THE ONLY THING "SOARING" IS BERNANKE'S BUBBLE ON WALL STREET!
BUT LIKE THEY SAY THE MARKET CAN STAY IRRATIONAL LONGER THAN YOU CAN STAY SOLVENT...OR SANE... EVEN THE MAINSTREAM MEDIA ARE HAVING A HARD TIME WRITING ABOUT THE PURE MADDNESS ON WALL STREET...
WHEN ALL RATIONAL THOUGHT IS ABSENT FOR SO LONG...REASONABLE PEOPLE HAVE A HARD TIME EXPLAINING "THE WORLD"...
I CALL IT THE FINAL STAGE OF WALL STREETS LOOTING OF THE ECONOMY...BUT THE MSM CAN'T GO THERE...
BUT LIKE THEY SAY THE MARKET CAN STAY IRRATIONAL LONGER THAN YOU CAN STAY SOLVENT...OR SANE... EVEN THE MAINSTREAM MEDIA ARE HAVING A HARD TIME WRITING ABOUT THE PURE MADDNESS ON WALL STREET...
WHEN ALL RATIONAL THOUGHT IS ABSENT FOR SO LONG...REASONABLE PEOPLE HAVE A HARD TIME EXPLAINING "THE WORLD"...
I CALL IT THE FINAL STAGE OF WALL STREETS LOOTING OF THE ECONOMY...BUT THE MSM CAN'T GO THERE...
IT'S ALL M&A FOR THE DURATION OF BULL MARKET...
THIS IS THE FINAL PHASE OF THE BERNANKE HYPER-LIQUIDITY BULL MARKET...
IT WILL BE ALL M&A FOR THE DURATION...
THE REAL ECONOMY IS STARVED FOR CASH...JOBS ARE PUNK...WAGES WEAK...PEOPLE ARE IN DEBT OVER THEIR HEADS...AND THE "EMPLOYED" CAN'T EVEN GO BANKRUPT ANYMORE...BECAUSE INCOME, NOT DEBT, IS THE NEW MEASURE OF INSOLVENCY NOW!
ALL WEALTH IS BEING CONCENTRATED IN THE TOP 5% OF THE INCOME DISTRIBUTION...THIS HAS BEEN NOTED BEFORE...WITH NEWS THAT WEALTH CONCENTRATION IS HIGHEST SINCE 1929...ETC.
BUT I DON'T THINK THE REAL STORY IS OUT YET...
THE MASSIVE ASSET INFLATION IS BEING OFFSET BY EQUALLY MASSIVE LIQUIDITY WHICH IS CAUSING THIS M&A ACTION AS THE MEGA RICH SEEK EVER FEWER OUTLETS FOR THE MONEY...
AS ASSETS CONCENTRATE...PRICES WILL RISE...EVEN AS PROFITS AND MARGINS FALL AS THE REAL ECONOMY COLLAPSES...
THIS IS REALLY CLASSIC END GAME BUBBLE ECONOMICS...IT IS EXACTLY WHAT HAPPEN IN THE FINAL MONTHS OF 1929... ALTHOUGH I DON'T THINK 1929 IS ANYWHERE NEAR AS BAD AS WHAT WE HAVE TODAY...
THE COMING ECONOMIC CATASTROPHE WILL BE MUCH MUCH WORSE THAN THE GREAT DEPRESSION THAT FOLLOWED THE 1929 EVENTS.
ALL M&A NOW! AND IT WILL BE MASSIVE...THE NEWS SIMPLY WILL NOT QUIT...
DOW 18,000 BY THE END OF THIS YEAR!
THEN, THE DELUGE...
IT WILL BE ALL M&A FOR THE DURATION...
THE REAL ECONOMY IS STARVED FOR CASH...JOBS ARE PUNK...WAGES WEAK...PEOPLE ARE IN DEBT OVER THEIR HEADS...AND THE "EMPLOYED" CAN'T EVEN GO BANKRUPT ANYMORE...BECAUSE INCOME, NOT DEBT, IS THE NEW MEASURE OF INSOLVENCY NOW!
ALL WEALTH IS BEING CONCENTRATED IN THE TOP 5% OF THE INCOME DISTRIBUTION...THIS HAS BEEN NOTED BEFORE...WITH NEWS THAT WEALTH CONCENTRATION IS HIGHEST SINCE 1929...ETC.
BUT I DON'T THINK THE REAL STORY IS OUT YET...
THE MASSIVE ASSET INFLATION IS BEING OFFSET BY EQUALLY MASSIVE LIQUIDITY WHICH IS CAUSING THIS M&A ACTION AS THE MEGA RICH SEEK EVER FEWER OUTLETS FOR THE MONEY...
AS ASSETS CONCENTRATE...PRICES WILL RISE...EVEN AS PROFITS AND MARGINS FALL AS THE REAL ECONOMY COLLAPSES...
THIS IS REALLY CLASSIC END GAME BUBBLE ECONOMICS...IT IS EXACTLY WHAT HAPPEN IN THE FINAL MONTHS OF 1929... ALTHOUGH I DON'T THINK 1929 IS ANYWHERE NEAR AS BAD AS WHAT WE HAVE TODAY...
THE COMING ECONOMIC CATASTROPHE WILL BE MUCH MUCH WORSE THAN THE GREAT DEPRESSION THAT FOLLOWED THE 1929 EVENTS.
ALL M&A NOW! AND IT WILL BE MASSIVE...THE NEWS SIMPLY WILL NOT QUIT...
DOW 18,000 BY THE END OF THIS YEAR!
THEN, THE DELUGE...
THE JOBS LIE!! HOSPITALS AND SCHOOLS BOOMING!
They really had to reach to make their numbers this month!
Read it and laugh...especially if you're actually looking for work...
Construction ........ -11
Manufacturing ...... -19
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~``
Retail trade....-26
Professional and business services ....24
Education and health services ...... 53
Leisure and hospitality ......22
Government ..........25
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The notion that Government, Restaurants and Temps came in at 25, 22 and 24 shows that they aren't even "mixing it up" any more...just throw out any number...if everything is "equal looking" no one can ask any questions about any one sector...
The plunge in manufacturing and construction is big and ominous...because these are usually real living wage jobs...
State and local governments are closing down and nearly broke...they are not hiring...just read your local newspaper...
And the persistent fall in retail...could be a warning sign that the American consumer is in more trouble that we think... It's not a fluke...now it's a trend. What no garden center hiring for the spring...?
All and all, a very nice BIG LIE this month...! Just not as creative as the last few months...
__________________________________
Read it and laugh...especially if you're actually looking for work...
Construction ........ -11
Manufacturing ...... -19
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~``
Retail trade....-26
Professional and business services ....24
Education and health services ...... 53
Leisure and hospitality ......22
Government ..........25
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The notion that Government, Restaurants and Temps came in at 25, 22 and 24 shows that they aren't even "mixing it up" any more...just throw out any number...if everything is "equal looking" no one can ask any questions about any one sector...
The plunge in manufacturing and construction is big and ominous...because these are usually real living wage jobs...
State and local governments are closing down and nearly broke...they are not hiring...just read your local newspaper...
And the persistent fall in retail...could be a warning sign that the American consumer is in more trouble that we think... It's not a fluke...now it's a trend. What no garden center hiring for the spring...?
All and all, a very nice BIG LIE this month...! Just not as creative as the last few months...
Thank God for America's FAT OR ADDICTED SICK PEOPLE! Where would we be without them! WE LOVE YOU CHUBBIES!
The notion that education is "hiring" even as schools and colleges are closing down for the summer is...well...you know...? I guess that's why I call it THE BIG LIE...!
__________________________________
Thursday, May 3, 2007
GOLD UP...IN A RETURN TO NORMALCY.
GOLD UP...NICELY TODAY...
OIL IS TREADING WATER AT A VERY HIGH LEVEL... SOMEONE SEEMS TO KNOW THAT THE AMERICAN PUBLIC IS VERY NEAR THE BOILING POINT AT THE GAS PUMP THESE DAYS...WITH MOST PLACES HAVING $3+++ GAS NOW...
GAS WOULD HAVE TO GO TO 3.50 BEFORE THE MAN ON THE STREET INTERVIEWS START AGAIN...AND APPARENTLY NO ONE WHAT'S TO GO THERE....
THE DOLLAR TOO HAS TO COOL IT FOR A WHILE...HITTING 140 ON THE EURO...ON A STRAIGHT LINE ADVANCE MIGHT CAUSE PEOPLE TO TALK...
AND RIGHT NOW...LIKE THE KID WITH HIS HAND IN THE COOKIE JAR...WALL STREET LIKES THE SOUND OF SILENCE!
Shhhhh.....!
OIL IS TREADING WATER AT A VERY HIGH LEVEL... SOMEONE SEEMS TO KNOW THAT THE AMERICAN PUBLIC IS VERY NEAR THE BOILING POINT AT THE GAS PUMP THESE DAYS...WITH MOST PLACES HAVING $3+++ GAS NOW...
GAS WOULD HAVE TO GO TO 3.50 BEFORE THE MAN ON THE STREET INTERVIEWS START AGAIN...AND APPARENTLY NO ONE WHAT'S TO GO THERE....
THE DOLLAR TOO HAS TO COOL IT FOR A WHILE...HITTING 140 ON THE EURO...ON A STRAIGHT LINE ADVANCE MIGHT CAUSE PEOPLE TO TALK...
AND RIGHT NOW...LIKE THE KID WITH HIS HAND IN THE COOKIE JAR...WALL STREET LIKES THE SOUND OF SILENCE!
Shhhhh.....!
DOW 18,000 THIS YEAR!!
OR IS THAT ALREADY ....TOO LOW...?
THE DOW COULD SOAR JUST ON DOLLAR DEVALUATION ALONE...
THE DOLLAR WILL FALL BUT OIL WILL RISE...STILL THAT IS IN THE REALM OF THE "ACCEPTABLE" IN WASHINGTON NOW...
WHEN "THE INEVITABLE" BECOMES "THE ACCEPTABLE"...
HEY, IT'S REALLY A GOOD THING...!
THE DOW COULD SOAR JUST ON DOLLAR DEVALUATION ALONE...
THE DOLLAR WILL FALL BUT OIL WILL RISE...STILL THAT IS IN THE REALM OF THE "ACCEPTABLE" IN WASHINGTON NOW...
WHEN "THE INEVITABLE" BECOMES "THE ACCEPTABLE"...
HEY, IT'S REALLY A GOOD THING...!
Wednesday, May 2, 2007
THE RICH WILL OWN EVERYTHING IN TWO YEARS...!
WHAT DO I MEAN...? STAY TUNED...!
SOMETHING INCREDIBLE IS IN THE WORKS!!
UNDER THE BERNANKE FED THE RICH CAN LEVERAGE THE WORLD!!
AND THEN BUY IT ON MARGIN!!
THE GREATEST GLOBAL CONCENTRATION OF WEALTH IN THE HANDS OF A FEW...SINCE THE ROMAN EMPIRE IS HAPPENING RIGHT NOW...
SOMETHING INCREDIBLE IS IN THE WORKS!!
UNDER THE BERNANKE FED THE RICH CAN LEVERAGE THE WORLD!!
AND THEN BUY IT ON MARGIN!!
THE GREATEST GLOBAL CONCENTRATION OF WEALTH IN THE HANDS OF A FEW...SINCE THE ROMAN EMPIRE IS HAPPENING RIGHT NOW...
LAY OFFS SOAR AS WALL STREET "TRANSCENDS" US ECONOMY!
WALL STREET IS WAY BEYOND THE US ECONOMY....
WALL STREET IS NOW A GOD!
LIKE A ROMAN EMPEROR...WALL STREET HAS BEEN DEIFIED... IT IS A FORCE THAT CAN NOT BE STOPPED... IT WILL SOAR FOREVER...
WALL STREET IS A MOONSHOT!
THE DOW IS ON ITS WAY TO THE STARS!
WALL STREET IS NOW A GOD!
LIKE A ROMAN EMPEROR...WALL STREET HAS BEEN DEIFIED... IT IS A FORCE THAT CAN NOT BE STOPPED... IT WILL SOAR FOREVER...
WALL STREET IS A MOONSHOT!
THE DOW IS ON ITS WAY TO THE STARS!
AMAZING RESTRAINT BY INVESTORS REGARDING DOW!
WITH THE DOW GOING UP EVERYDAY...AND HEADING FOR 18,000 BEFORE THE END OF THIS YEAR...
INVESTORS ARE SHOWING AMAZING RESTRAINT... I MEAN THIS THING IS WAY BEYOND "NO BRAINER" STATUS...
THIS IS A VIRTUAL HYPER INFLATION IN ASSETS THAT IS A ONCE IN A LIFETIME OPPORTUNITY!
NO WONDER MARGIN DEBT AND LEVERAGE ARE AT RECORD HIGHS!
NO ONE WANTS TO MISS THIS:
MOTHER OF ALL ASSET BUBBLES!
INVESTORS ARE SHOWING AMAZING RESTRAINT... I MEAN THIS THING IS WAY BEYOND "NO BRAINER" STATUS...
THIS IS A VIRTUAL HYPER INFLATION IN ASSETS THAT IS A ONCE IN A LIFETIME OPPORTUNITY!
NO WONDER MARGIN DEBT AND LEVERAGE ARE AT RECORD HIGHS!
NO ONE WANTS TO MISS THIS:
MOTHER OF ALL ASSET BUBBLES!
JOBS NUMBER WILL BE NEGATIVE!
THE DOLLAR WILL PLUNGE AS THE FED PREPARES TO LOWER RATES TO SPIKE THE BUBBLE ON WALL STREET...AND BOOST OIL RELATED INFLATION INSIDE THE US!
THIS IS GETTING VERY INTERESTING...
THIS IS GETTING VERY INTERESTING...
NO END TO THE JOY...DOW 18,000 THIS YEAR!
ESSENTIALLY GLOBAL LIQUIDITY IS SO CONCENTRATED IN THE CORPORATE AND ELITE SECTORS OF THE ECONOMY...THAT THE MARKET IS COMPLETELY CRASH PROOF...AND IN A STATE OF PERMANENT HYPER-LIQUIDITY...
IN THE REAL ECONOMY WE WOULD CALL THIS A STATE OF HYPER-INFLATION...
BUT IN THE FINANCIAL SECTOR...ASSET HYPER-INFLATION IS NOT SEEN TO BE "AN EVIL." SO THE FINANCIAL MARKETS ARE REALLY A "THING APART" FROM THE ACTUAL ECONOMY...
THE ONLY RISK IS THAT SOMEONE WILL BOLT FROM THE WALL STREET/FED GAME PLAN...AND START PUTTING CAPITAL INTO COMMODITIES...OR CURRENCIES OUTSIDE OF THE DOLLAR...
IN A SENSE THIS IS HOW ALL "RESERVE CURRENCIES" WILL BE DESTROYED IN THE FUTURE... WITH A BURST OF HYPER-LIQUIDITY THAT STAYS INSIDE THE FINANCIAL SECTOR FOR A WHILE...BUT EVENTUALLY LEAKS INTO OTHER AREAS THAT EXPOSE THE BAD POLICIES OF THE FED FOR WHAT THEY REALLY ARE...
THERE IS NO STOPPING THE DOW FROM SOARING TO 18,000 THIS YEAR...AND BEYOND.
AS THE YEAR PROGRESSES MONEY WILL START TO CONCENTRATE IN THE LARGER STOCKS...AS PEOPLE BECOME UNEASY ABOUT THE MASSIVE LIQUIDITY IN THE SYSTEM...
THE FED IS OUT OF THE PICTURE...THE ENTIRE HOUSE OF CARDS DEPENDS ON THE ASIAN AND EUROPEAN CENTRAL BANKS...
WILL THEY PULL THE PLUG ON THE DOLLAR...?
WILL IT MATTER INSIDE THE US WHICH HAS BEEN ON A MONEY PRINTING BINGE FOR NEARLY TEN YEARS...?
WE ARE EXPERIENCING PERHAPS A ONCE IN A LIFETIME EVENT... AFTER THE DOLLAR BUBBLE IS BURST...VERY LIKELY WE WILL NEED A "NEW PARADIGM" FOR RESERVE CURRENCIES...THAT GOES BEYOND ANYTHING THAT KEYNES AND OTHERS MIGHT HAVE THOUGHT NECESSARY...
KEYNES' BELIEF IN AMERICAN "EXCEPTIONALISM" IS IN THE PROCESS OF UNWINDING NOW... THE REAL MIRACLE IS THAT IT LASTED AS LONG AS IT DID!
THE DOW WILL CONTINUE SOARING ON MASSIVE LIQUIDITY AND ASSET HYPER-INFLATION...
CURISOUSLY, WALL STREET WILL BECOME TOTALLY DETACHED FROM THE AMERICAN ECONOMY...WHICH WILL ACTUALLY BE IN RATHER BAD SHAPE AS THIS AMAZING YEAR GOES ON...
IN THE REAL ECONOMY WE WOULD CALL THIS A STATE OF HYPER-INFLATION...
BUT IN THE FINANCIAL SECTOR...ASSET HYPER-INFLATION IS NOT SEEN TO BE "AN EVIL." SO THE FINANCIAL MARKETS ARE REALLY A "THING APART" FROM THE ACTUAL ECONOMY...
THE ONLY RISK IS THAT SOMEONE WILL BOLT FROM THE WALL STREET/FED GAME PLAN...AND START PUTTING CAPITAL INTO COMMODITIES...OR CURRENCIES OUTSIDE OF THE DOLLAR...
IN A SENSE THIS IS HOW ALL "RESERVE CURRENCIES" WILL BE DESTROYED IN THE FUTURE... WITH A BURST OF HYPER-LIQUIDITY THAT STAYS INSIDE THE FINANCIAL SECTOR FOR A WHILE...BUT EVENTUALLY LEAKS INTO OTHER AREAS THAT EXPOSE THE BAD POLICIES OF THE FED FOR WHAT THEY REALLY ARE...
THERE IS NO STOPPING THE DOW FROM SOARING TO 18,000 THIS YEAR...AND BEYOND.
AS THE YEAR PROGRESSES MONEY WILL START TO CONCENTRATE IN THE LARGER STOCKS...AS PEOPLE BECOME UNEASY ABOUT THE MASSIVE LIQUIDITY IN THE SYSTEM...
THE FED IS OUT OF THE PICTURE...THE ENTIRE HOUSE OF CARDS DEPENDS ON THE ASIAN AND EUROPEAN CENTRAL BANKS...
WILL THEY PULL THE PLUG ON THE DOLLAR...?
WILL IT MATTER INSIDE THE US WHICH HAS BEEN ON A MONEY PRINTING BINGE FOR NEARLY TEN YEARS...?
WE ARE EXPERIENCING PERHAPS A ONCE IN A LIFETIME EVENT... AFTER THE DOLLAR BUBBLE IS BURST...VERY LIKELY WE WILL NEED A "NEW PARADIGM" FOR RESERVE CURRENCIES...THAT GOES BEYOND ANYTHING THAT KEYNES AND OTHERS MIGHT HAVE THOUGHT NECESSARY...
KEYNES' BELIEF IN AMERICAN "EXCEPTIONALISM" IS IN THE PROCESS OF UNWINDING NOW... THE REAL MIRACLE IS THAT IT LASTED AS LONG AS IT DID!
THE DOW WILL CONTINUE SOARING ON MASSIVE LIQUIDITY AND ASSET HYPER-INFLATION...
CURISOUSLY, WALL STREET WILL BECOME TOTALLY DETACHED FROM THE AMERICAN ECONOMY...WHICH WILL ACTUALLY BE IN RATHER BAD SHAPE AS THIS AMAZING YEAR GOES ON...
KUDOS TO THE ILLEGALS...!
One thing about American illegal workers is...
They know how to throw a May Day Rally for workers rights...!
Would that the American Anglo Working Classes had the same Moxie about getting a living wage... May Day is the day when the native born American work force stays ominously silent...perhaps afraid of losing their jobs...now that their pensions and health care are long gone!
They know how to throw a May Day Rally for workers rights...!
Would that the American Anglo Working Classes had the same Moxie about getting a living wage... May Day is the day when the native born American work force stays ominously silent...perhaps afraid of losing their jobs...now that their pensions and health care are long gone!
EVERYONE IS WORRIED ABOUT WALL STREET, EXCEPT WALL STREET...
WHERE IT'S ALWAYS PARTY TIME...!
MAYBE THAT'S WHAT HAS PEOPLE WORRIED...?
WE ARE USED TO A LITTLE INSANITY IN INVESTING FROM THE US...AFTER ALL BUBBLES ARE WHAT THE AMERICAN ECONOMY DOES BEST...
BUT THIS BUBBLE ABOUT NOTHING...DOESN'T EVEN HAVE A "STORY" TO GO WITH IT...LIKE THE DOTCOM DEBACLE DID...
WE ARE DEFINITELY IN FOR SOME INTERESTING TIMES ON WALL STREET...
MAYBE THAT'S WHAT HAS PEOPLE WORRIED...?
WE ARE USED TO A LITTLE INSANITY IN INVESTING FROM THE US...AFTER ALL BUBBLES ARE WHAT THE AMERICAN ECONOMY DOES BEST...
BUT THIS BUBBLE ABOUT NOTHING...DOESN'T EVEN HAVE A "STORY" TO GO WITH IT...LIKE THE DOTCOM DEBACLE DID...
WE ARE DEFINITELY IN FOR SOME INTERESTING TIMES ON WALL STREET...
GET HAPPY...DOW PREPARES FOR YET ANOTHER RECORD HIGH!
THE PROBLEM WITH THE DOW IS THAT IT'S BECOMING A "NO BRAINER..."
I'VE SEEN THESE NO BRAINERS BEFORE...AND WHAT YOU USUALLY END UP WITH...IS NO MONEY IN YOUR BROKERAGE ACCOUNT WHEN IT'S OVER!
OR AT LEAST A SERIOUS HAIR CUT TO YOUR CASH BALANCE...
AS LONG AS THE FED KEEPS PRINTING MONEY FOR SPECULATION...THE DOW WILL CONTINUE UP.
THE COMPLACENCY ON WALL STREET IS EXCEEDED ONLY BY IT'S MARGIN DEBT AND LEVERAGED BUYOUT FRENZY...
THIS WILL END VERY BADLY...BUT WHEN I CAN'T SAY...
I DO KNOW THAT THE SPECULATORS AND DAYTRADERS WILL BE OUT LONG BEFORE THE RETAIL SUCKERS GET "STUCK" WITH THEIR "LONG TERM INVESTMENTS" ...ALWAYS WAITING TO "COME EVEN...!"
THUS IT HAS ALWAYS BEEN ON WALL STREET...
I'VE SEEN THESE NO BRAINERS BEFORE...AND WHAT YOU USUALLY END UP WITH...IS NO MONEY IN YOUR BROKERAGE ACCOUNT WHEN IT'S OVER!
OR AT LEAST A SERIOUS HAIR CUT TO YOUR CASH BALANCE...
AS LONG AS THE FED KEEPS PRINTING MONEY FOR SPECULATION...THE DOW WILL CONTINUE UP.
THE COMPLACENCY ON WALL STREET IS EXCEEDED ONLY BY IT'S MARGIN DEBT AND LEVERAGED BUYOUT FRENZY...
THIS WILL END VERY BADLY...BUT WHEN I CAN'T SAY...
I DO KNOW THAT THE SPECULATORS AND DAYTRADERS WILL BE OUT LONG BEFORE THE RETAIL SUCKERS GET "STUCK" WITH THEIR "LONG TERM INVESTMENTS" ...ALWAYS WAITING TO "COME EVEN...!"
THUS IT HAS ALWAYS BEEN ON WALL STREET...
Tuesday, May 1, 2007
BERNANKE: FREE TRADE PUPPET!
Bernanke's embrace of free trade is laudable...except for the collapsing dollar.
It behooves those who tout free trade to provide a COMPLETE explanation of the ultimate consequences to national and local economies.
If we had a "global currency" then free trade might be valid... But if free trade destroys national and local economies then it is worthless. And remember when free trade was concieved the world DID have a "global currency"...namely GOLD!
The notion of free trade started in the 1700's to thwart the landed aristorcracies that controlled the economies at that time...
And the notion that we "should buy" bananas from South America..and not Washington State is the real basis for the free trade argument... The idea that "certain areas" have a "natural advantage" is valid...as to banana plantations...
But if the only advantage China has is millions of cheap pauper laborers... THAT is not a valid free trade concept... Exploitation of cheap labor is not going to cause the global economy to progress...just the opposite really.
Free Trade has been adopted by International Capital to undermine workers rights in the developed economies of North America and Europe...
Ultimately those economies that are sucked into the Free Trade Fallacy will fail.
The US economy is already at an advanced stage of collapse on it's domestic side...this now has the pundits wondering if US corporations are really "tied to" the US economy afterall...!
SO MY ADVICE TO BERNANKE:
QUIT TOUTING THE BOOGUS DOCTRINE OF FREE TRADE...AND READ THE DISMAL HISTORY OF FREE TRADE WHICH EXPOSES IT FOR WHAT IT REALLY IS...
THEN, TELL US EXACTLY, AND IN GREAT DETAIL, HOW FREE TRADE IS GOING TO SAVE THE DOLLAR...
AND HOW YOU WILL PREVENT A COLLAPSE OF THE US ECONOMY CAUSED BY HIGH OIL PRICES AND A RAMPANT INFLATION INDUCED BY OUR FAILING CURRENCY...?
It behooves those who tout free trade to provide a COMPLETE explanation of the ultimate consequences to national and local economies.
If we had a "global currency" then free trade might be valid... But if free trade destroys national and local economies then it is worthless. And remember when free trade was concieved the world DID have a "global currency"...namely GOLD!
The notion of free trade started in the 1700's to thwart the landed aristorcracies that controlled the economies at that time...
And the notion that we "should buy" bananas from South America..and not Washington State is the real basis for the free trade argument... The idea that "certain areas" have a "natural advantage" is valid...as to banana plantations...
But if the only advantage China has is millions of cheap pauper laborers... THAT is not a valid free trade concept... Exploitation of cheap labor is not going to cause the global economy to progress...just the opposite really.
Free Trade has been adopted by International Capital to undermine workers rights in the developed economies of North America and Europe...
Ultimately those economies that are sucked into the Free Trade Fallacy will fail.
The US economy is already at an advanced stage of collapse on it's domestic side...this now has the pundits wondering if US corporations are really "tied to" the US economy afterall...!
SO MY ADVICE TO BERNANKE:
QUIT TOUTING THE BOOGUS DOCTRINE OF FREE TRADE...AND READ THE DISMAL HISTORY OF FREE TRADE WHICH EXPOSES IT FOR WHAT IT REALLY IS...
THEN, TELL US EXACTLY, AND IN GREAT DETAIL, HOW FREE TRADE IS GOING TO SAVE THE DOLLAR...
AND HOW YOU WILL PREVENT A COLLAPSE OF THE US ECONOMY CAUSED BY HIGH OIL PRICES AND A RAMPANT INFLATION INDUCED BY OUR FAILING CURRENCY...?
MARKETS: CHAOTIC AND SOMEWHAT INSANE...
Little can be said about Wall Street these days... It's chaotic... And there is a lot of insanity going on...especially with leverage and margin debt.
Best to just watch...and wait for the eventual breakdown... This kind of market never lasts.
Best to just watch...and wait for the eventual breakdown... This kind of market never lasts.
WILL ASIAN CENTRAL BANKS SWITCH TO EUROS FROM THE WEAK DOLLAR?
THE EURO AND THE UK POUND ARE THE MAIN BENEFICIARIES OF THE WEAK DOLLAR.
THAT MEANS THAT ASIAN CURRENCIES ARE DE FACTO DECLINING WITH THE DOLLAR...PERHAPS BECAUSE THEY ARE SO TIED TO THE US ECONOMY.
SOONER OR LATER ASIAN CENTRAL BANKS WILL TRY TO INSULATE THEMSELVES FROM CURRENCY WEAKNESS BY SWITCHING TO EUROS AND UK POUNDS AS RESERVE CURRENCIES...
THAT MEANS THAT ASIAN CURRENCIES ARE DE FACTO DECLINING WITH THE DOLLAR...PERHAPS BECAUSE THEY ARE SO TIED TO THE US ECONOMY.
SOONER OR LATER ASIAN CENTRAL BANKS WILL TRY TO INSULATE THEMSELVES FROM CURRENCY WEAKNESS BY SWITCHING TO EUROS AND UK POUNDS AS RESERVE CURRENCIES...
IRAQ GREEN ZONE "GOVERNMENT" ON VERGE OF COLLAPSE!
DID ANYONE REALLY THINK THE GREEN ZONE GOVERNMENT WAS REAL...?
IRAQ IS ALREADY THREE SEPERATE COUNTRIES...THE ONLY PEOPLE WHO HAVE MISSED THIS ARE IN WASHINGTON... IT'S OVER FOR OLD IRAQ...
THE BOUNDRIES OF SOMETHING NEW WILL BE DRAWN SOON... BUT THE BATTLE TO CONTROL BAGHDAD...A KEY CITY IN MUSLIM HISTORY...WILL CONTINUE FOR YEARS...
IRAQ IS ALREADY THREE SEPERATE COUNTRIES...THE ONLY PEOPLE WHO HAVE MISSED THIS ARE IN WASHINGTON... IT'S OVER FOR OLD IRAQ...
THE BOUNDRIES OF SOMETHING NEW WILL BE DRAWN SOON... BUT THE BATTLE TO CONTROL BAGHDAD...A KEY CITY IN MUSLIM HISTORY...WILL CONTINUE FOR YEARS...
DOLLAR PLUNGE CONTINUES...WALL STREET GIDDY.
Apparently happy daze are queer again on Wall Street...
The GREAT MOMENTUM AND MARGIN MARKET OF 2007 continues on it's course to disaster...
I would call this the TITANIC MARKET... because the faster it goes...the more likely it is to hit an iceberg.
This M&M market will rise till it falls...BUT this could be the last harrah for the dollar...
When you strip out all the hype and mythology...the US is economy is a hollowed out shell. The dismal consumer is being offset by massive FED liquidity provided to the speculative classes...hence the weak dollar.
HOW ELSE CAN YOU EXPLAIN THE BIGINCREASE IN MARGIN DEBT...?
A HUGE INCREASE IN MARGIN DEBT ALWAYS COMES BEFORE THE FALL...
THIS IS THE RISKIEST BUBBLE SINCE THE GREENSPAN DOTCOM DEBACLE...
ONLY THIS TIME THE MACROECONOMIC SURVIVAL OF THE US CURRENCY AND ECONOMY IS "IN PLAY".
TO WIT: THE DOLLAR AND IT'S TOXIC RELATIONSHIP TO COMMODITIES LIKE OIL AND GOLD...
LIKELY THE FIRST CRACKS IN THE MOMO MARGIN STORY WILL COME ON FRIDAY WITH THE DISMAL JOBS LIE WHICH COULD BE SURPRISINGLY WEAK...
AND THE CONSUMER SPENDS MORE MONEY ON GAS...THAN EATING OUT AT RESTURANTS AND BARS.... A SECTOR WHICH IS THE MAIN JOB CATAGORY THAT'S BEHIND THE BIZARRO "MYTH OF LOW UNEMPLOYMENT" IN THE US.
The GREAT MOMENTUM AND MARGIN MARKET OF 2007 continues on it's course to disaster...
I would call this the TITANIC MARKET... because the faster it goes...the more likely it is to hit an iceberg.
This M&M market will rise till it falls...BUT this could be the last harrah for the dollar...
When you strip out all the hype and mythology...the US is economy is a hollowed out shell. The dismal consumer is being offset by massive FED liquidity provided to the speculative classes...hence the weak dollar.
HOW ELSE CAN YOU EXPLAIN THE BIGINCREASE IN MARGIN DEBT...?
A HUGE INCREASE IN MARGIN DEBT ALWAYS COMES BEFORE THE FALL...
THIS IS THE RISKIEST BUBBLE SINCE THE GREENSPAN DOTCOM DEBACLE...
ONLY THIS TIME THE MACROECONOMIC SURVIVAL OF THE US CURRENCY AND ECONOMY IS "IN PLAY".
TO WIT: THE DOLLAR AND IT'S TOXIC RELATIONSHIP TO COMMODITIES LIKE OIL AND GOLD...
LIKELY THE FIRST CRACKS IN THE MOMO MARGIN STORY WILL COME ON FRIDAY WITH THE DISMAL JOBS LIE WHICH COULD BE SURPRISINGLY WEAK...
AND THE CONSUMER SPENDS MORE MONEY ON GAS...THAN EATING OUT AT RESTURANTS AND BARS.... A SECTOR WHICH IS THE MAIN JOB CATAGORY THAT'S BEHIND THE BIZARRO "MYTH OF LOW UNEMPLOYMENT" IN THE US.
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