Al-Maliki:
"The Iraqi government totally rejects U.S. military operations ... conducted without a pre-approval from the Iraqi military command," al-Maliki said in a statement released by his office. "Anyone who breaches the military command orders will face investigation. Then sooner this bogus government is gone the better for all concerned in Iraq!"
Saturday, June 30, 2007
US MASSACRE OF INNOCENTS IN SADR CITY!!!
HEARTS AND MINDS ASSHOLES!
REMEMBER HEARTS AND MINDS!!
BUSH WAR CRIMES
OUT OF CONTROL!!
REMEMBER HEARTS AND MINDS!!
WOMEN AND CHILDREN BUTCHERED!
BUSH WAR CRIMES
OUT OF CONTROL!!
WERE THE FAILED BOMB PLOTS A DECOY....?
There is something ominous about recent events in England...
What it shows for the US is still unknown...but I don't like the looks of it...
What it shows for the US is still unknown...but I don't like the looks of it...
BYE BYE BROWN...HELLO DRED SCOTT...?
WELL WE'RE BACK TO "SEPERATE BUT EQUAL" ON EDUCATION...!
THE REAL PROBLEM WILL COME WHEN THE DEMOCRATS TAKE BACK WASHINGTON COMPLETELY....
THIS COURT COULD COME DOWN IN FAVOR OF CORRUPTION AND PRIVATE CAPITAL...
AND AGAINST WORKERS' RIGHTS AND PROTECTIONS...
THE REAL PROBLEM WILL COME WHEN THE DEMOCRATS TAKE BACK WASHINGTON COMPLETELY....
THIS COURT COULD COME DOWN IN FAVOR OF CORRUPTION AND PRIVATE CAPITAL...
AND AGAINST WORKERS' RIGHTS AND PROTECTIONS...
WELCOME BOTSWANA VIEWER...
With the addition of a rare viewer from Botswana ...Gloom and Doom was view on ALL SIX CONTINENTS today...
We still need to add Antarctica....if you happen to have any contacts there...kindly ask them to link to this site...
WELCOME TO OUR AFRICAN VIEWERS...
PLEASE COME BACK DAILY...FOR THE REAL DEAL ON THE US MARKETS AND THE GRASSROOTS ECONOMY THAT YOU CAN'T READ ABOUT IN THE WALL STREET JOURNAL...OR EVEN THE NYTs....!
We still need to add Antarctica....if you happen to have any contacts there...kindly ask them to link to this site...
WELCOME TO OUR AFRICAN VIEWERS...
PLEASE COME BACK DAILY...FOR THE REAL DEAL ON THE US MARKETS AND THE GRASSROOTS ECONOMY THAT YOU CAN'T READ ABOUT IN THE WALL STREET JOURNAL...OR EVEN THE NYTs....!
Friday, June 29, 2007
DON'T BUY AN I-PHONE....
I DON'T OWN AN I-POD...AND I PROBABLY WON'T BOTHER GETTING AN I-PHONE EITHER... I'M REALLY NOT SURE MY BRAIN COULD PROCESS 10,000 "SONGS" ON SHUFFLE MODE...
I DEMAND PREDICTABILITY AND CONTROL IN MY LIFE...!
PERHAPS, SOMETHING MORE MEDIEVEL WOULD BE BETTER.
LIKE A TREBUCHE...?
BESIDES I JUST DON'T TRUST APPLE, OR IT'S PRODUCTS... AND ESPECIALLY NOT STEVE JOBS...!
LUDDITIES UNITE! SHED YOUR ELECTRONIC SHACKLES!! YOU ARE FREE TO LOOK AT THE STARS WITHOUT YOUR BLACKBERRY OR I-PHONE....
WE NEED A BONFIRE OF THE ELECTRONIC VANITIES... PERHAPS EVERY TEN YEARS WE CAN JUST BURN THE OLD STUFF...AND BUY NEW...OR WALK AWAY...
I DEMAND PREDICTABILITY AND CONTROL IN MY LIFE...!
PERHAPS, SOMETHING MORE MEDIEVEL WOULD BE BETTER.
LIKE A TREBUCHE...?
BESIDES I JUST DON'T TRUST APPLE, OR IT'S PRODUCTS... AND ESPECIALLY NOT STEVE JOBS...!
LUDDITIES UNITE! SHED YOUR ELECTRONIC SHACKLES!! YOU ARE FREE TO LOOK AT THE STARS WITHOUT YOUR BLACKBERRY OR I-PHONE....
WE NEED A BONFIRE OF THE ELECTRONIC VANITIES... PERHAPS EVERY TEN YEARS WE CAN JUST BURN THE OLD STUFF...AND BUY NEW...OR WALK AWAY...
STOCKS PLUNGE ON DISMAL 2d HALF PROSPECTS!
IT'S WHIPPY, DIPPY, THEN YIPPEEE...!
IS THIS REALLY SOMETHING FOR GROWNUP'S TO DO...? WHAT I OBJECT TO IS THAT THE ENTIRE THING IS SO "MANAGED"...
I MEAN PULL BACK THE DAMN CURTAIN ALREADY AND SHOW US THE WIZARD...!
IS THIS REALLY SOMETHING FOR GROWNUP'S TO DO...? WHAT I OBJECT TO IS THAT THE ENTIRE THING IS SO "MANAGED"...
I MEAN PULL BACK THE DAMN CURTAIN ALREADY AND SHOW US THE WIZARD...!
SHOCKING PREDICTIONS FOR LAST HALF OF 2007....
COMING SOON RIGHT HERE...
SO STAY TUNED...
Lets see 30 days has September, April, June and November...
YES! ...SOON!
VERY SOON!
SO STAY TUNED...
Lets see 30 days has September, April, June and November...
YES! ...SOON!
VERY SOON!
CAR BOMBS NEXT IN EUROLAND...?
THIS NEWS IS OMINOUS...AND SHOWS THAT THE NEXT BIG THING MAY BE CAR BOMBS AGAINST WESTERN SOFT TARGETS... WE ARE WAY WAY OVERDUE FOR MORE "NEWS" FROM OSAMA...
AS "DELIGHTFUL" AS IRAQ HAS BEEN FOR THE RADICAL ISLAMISTS AND OSAMA...
WE SHOULD NOT EXPECT BUSH'S "IRAQ DEBACLE" TO SATIFY THEM FOREVER... I AM VERY CONCERNED ABOUT THE LAST HALF OF 2007 WHICH IS COMING UP FAST...
AS "DELIGHTFUL" AS IRAQ HAS BEEN FOR THE RADICAL ISLAMISTS AND OSAMA...
WE SHOULD NOT EXPECT BUSH'S "IRAQ DEBACLE" TO SATIFY THEM FOREVER... I AM VERY CONCERNED ABOUT THE LAST HALF OF 2007 WHICH IS COMING UP FAST...
WINDOW DRESSING GOES SUB-PRIME...?
WHERE'S THE WINDOW DRESSING...!
IT'S LIKE THE WHOLE MARKET IS GOING "SUB-PRIME"...
REMEMBER HAPPY DAZE ARE QUEER AGAIN...
NEXT WEEK IT'S ANOTHER QUARTER...AND ANOTHER HALF FOR THIS ANNUS HORRIBILIS...2007!
IT'S LIKE THE WHOLE MARKET IS GOING "SUB-PRIME"...
REMEMBER HAPPY DAZE ARE QUEER AGAIN...
NEXT WEEK IT'S ANOTHER QUARTER...AND ANOTHER HALF FOR THIS ANNUS HORRIBILIS...2007!
Thursday, June 28, 2007
LET THE MOONSHOT BEGIN!!!!
P.S.
Yeah well, I guess I spoiled the "usual" Post FED rally by predicting it so openly...! But go back and check...the market "always" rallys after a FED meeting...
Ominously, that FED statement was awfully short...and kind of scary as if they're getting disgusted with Wall Street "demands."
The likely game plan now is to punt on the FED statement...and rally big on the I-phone and Blackberry news tomorrow...
Fear not! This is still a wild and crazy market that "can't go down" on any sustained basis...there is still plenty of liquidity to support the bubble...
It seems like the FED statement was yesterday's news...today! The entire story has been dropped and the touts have moved on to the I-Phone...even before the sun goes down... Alas poor Bernanke...no respect on the Street...
Yeah well, I guess I spoiled the "usual" Post FED rally by predicting it so openly...! But go back and check...the market "always" rallys after a FED meeting...
Ominously, that FED statement was awfully short...and kind of scary as if they're getting disgusted with Wall Street "demands."
The likely game plan now is to punt on the FED statement...and rally big on the I-phone and Blackberry news tomorrow...
Fear not! This is still a wild and crazy market that "can't go down" on any sustained basis...there is still plenty of liquidity to support the bubble...
It seems like the FED statement was yesterday's news...today! The entire story has been dropped and the touts have moved on to the I-Phone...even before the sun goes down... Alas poor Bernanke...no respect on the Street...
THE FED STATEMENT!!! WITH SPIN PROVIDED...
The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent.
Economic growth appears to have been moderate during the first half of this year, despite the ongoing adjustment in the housing sector. The economy seems likely to continue to expand at a moderate pace over coming quarters.
Readings on core inflation have improved modestly in recent months. However, a sustained moderation in inflation pressures has yet to be convincingly demonstrated.
Moreover, the high level of resource utilization has the potential to sustain those pressures.
In these circumstances, the Committee's predominant policy concern remains the risk that inflation will fail to moderate as expected. Future policy adjustments will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information.
Economic growth appears to have been moderate during the first half of this year, despite the ongoing adjustment in the housing sector. The economy seems likely to continue to expand at a moderate pace over coming quarters.
Readings on core inflation have improved modestly in recent months. However, a sustained moderation in inflation pressures has yet to be convincingly demonstrated.
Moreover, the high level of resource utilization has the potential to sustain those pressures.
In these circumstances, the Committee's predominant policy concern remains the risk that inflation will fail to moderate as expected. Future policy adjustments will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information.
INSANE AND WILD RALLY AFTER FED STATEMENT!!
FORGET $70 OIL. FORGET INFLATION...
THE FED SIMPLY MUST SAVE WALL STREET...BECAUSE THE US ECONOMY HAS ABSOLUTELY NOTHING ELSE GOING FOR IT NOW...
BERNANKE WILL PROVIDE THE BULLSHIT THE STREET WANTS TO HEAR...BECAUSE FRANKLY THE ALTERNTIVES ARE WAY TO SCARY TO THINK ABOUT...
THE FED SIMPLY MUST SAVE WALL STREET...BECAUSE THE US ECONOMY HAS ABSOLUTELY NOTHING ELSE GOING FOR IT NOW...
BERNANKE WILL PROVIDE THE BULLSHIT THE STREET WANTS TO HEAR...BECAUSE FRANKLY THE ALTERNTIVES ARE WAY TO SCARY TO THINK ABOUT...
Wednesday, June 27, 2007
MARKET WILL RALLY 200 POINTS TOMORROW... WILD RALLY LOOMS!!!
TOMORROW IT MAKES NO DIFFERENCE WHAT THE FED SAYS...BECAUSE THE MARKET WILL USE THE FED MEETING AS AN EXCUSE TO START AN END OF QUARTER "PERFORMANCE RALLY"....
THE FIRST HALF OF THE YEAR MUST END ON AN HIGH NOTE...
TOO MUCH IS RIDING ON THE SPECULATION IN STOCKS...TO BE LEFT TO CHANCE...
OR THE FED...!
A HUGE RALLY TOMORROW...PERHAPS BEFORE...BUT SURELY AFTER THE FED STATEMENT...
MY HUNCH IS THAT IT STARTS EARLY....INDEED IT MAY HAVE STARTED AT 2PM TODAY...!!
THE FIRST HALF OF THE YEAR MUST END ON AN HIGH NOTE...
TOO MUCH IS RIDING ON THE SPECULATION IN STOCKS...TO BE LEFT TO CHANCE...
OR THE FED...!
A HUGE RALLY TOMORROW...PERHAPS BEFORE...BUT SURELY AFTER THE FED STATEMENT...
MY HUNCH IS THAT IT STARTS EARLY....INDEED IT MAY HAVE STARTED AT 2PM TODAY...!!
BLAIR: ZIONIST TOOL...OR REAL PEACEMAKER?
THIS COULD GIVE THE FAILED POLITICIAN TONY THE POODLE AN OPPORTUNITY TO REDEEM HIMSELF...
BUT EVERYONE KNOWS THAT THE ISRAELI ULTRA-RIGHT IS RUNNING US/BRITISH MID EAST POLICY THESE DAYS...
THERE IS NO LEADSHIP IN THE US OR THE UK...THEY ARE STRICKLY FOLLOWING ORDERS...LIKE GOOD GOLEMS SHOULD...!
BUT EVERYONE KNOWS THAT THE ISRAELI ULTRA-RIGHT IS RUNNING US/BRITISH MID EAST POLICY THESE DAYS...
THERE IS NO LEADSHIP IN THE US OR THE UK...THEY ARE STRICKLY FOLLOWING ORDERS...LIKE GOOD GOLEMS SHOULD...!
MARKETS WANT MORE BULLSHIT FROM FED...
BERNANKE WILL THROW THEM THEIR "SOP".... HE ALWAYS DOES...
BESIDES WHO CAN AFFORD A MARKET TANTRUM...WITH THE DOLLAR AND BOND ALREADY WALKING ON EGGS...!
BESIDES WHO CAN AFFORD A MARKET TANTRUM...WITH THE DOLLAR AND BOND ALREADY WALKING ON EGGS...!
CALL IT THE FED RALLY....
It's customary for Wall Street to rally wildly before and after ALL FED Meetings...
This is because The Street knows that the FED will ALWAYS KOW TOW to the markets...no matter what. So the "rally" is really just a small token of respect for a Central Bank that has allowed the International Rich to loot the US economy for so long...and nearly to the bone...
Hence today's completely predictable run up...even on a DISMAL NEWS background!
The next test comes tomorrow afternoon with the release of the FED "statement."
The job of the Street's touts and spinsters is to find some small "change" or "omission" that "shows" that the FED will continue to fund the speculators'looting of the US economy....for another month or so...
This can be the smallest thing...it can even be something that is completely twisted out of context...a dangling participle...can cause a 100 billion rise in market cap...
I have every reason to think that the FED will throw Wall Street the "sop" it's looking for...
Perhaps some little nugget or phrase...hidden among the dismal news on inflation...
BUT REMEMBER, THE FED NEVER NEVER NEVER MENTIONS THE DOLLAR...ESPECIALLY A WEAKENING DOLLAR...
HOWEVER THE FED IS QUITE ABLE TO MENTION THE "JOB MARKET"...
THE FED HAS FULL RIGHTS TO SHOW IT'S DEEP AND GREAT SYMPATHY FOR THE WORKING FOLK OF AMERICA...
EVEN AS IT FINANCES THE MOVING OF GOOD AMERICAN JOBS OFF SHORE...!
JUST LOOK AT THE HANES UNDERWEAR MOVE TODAY...! AMERICA IS BEING STRIPPED NAKED BY GLOBALISM!
SO, LET THE BULLSHIT CONTINUE...
GOD HELP THE FED IF IT EVER HAS TO TELL WALL STREET THE TRUTH ABOUT THE US ECONOMY!!
But these poor deluded souls on Wall Street will settle for anything these daze...
This is because The Street knows that the FED will ALWAYS KOW TOW to the markets...no matter what. So the "rally" is really just a small token of respect for a Central Bank that has allowed the International Rich to loot the US economy for so long...and nearly to the bone...
Hence today's completely predictable run up...even on a DISMAL NEWS background!
The next test comes tomorrow afternoon with the release of the FED "statement."
The job of the Street's touts and spinsters is to find some small "change" or "omission" that "shows" that the FED will continue to fund the speculators'looting of the US economy....for another month or so...
This can be the smallest thing...it can even be something that is completely twisted out of context...a dangling participle...can cause a 100 billion rise in market cap...
I have every reason to think that the FED will throw Wall Street the "sop" it's looking for...
Perhaps some little nugget or phrase...hidden among the dismal news on inflation...
BUT REMEMBER, THE FED NEVER NEVER NEVER MENTIONS THE DOLLAR...ESPECIALLY A WEAKENING DOLLAR...
HOWEVER THE FED IS QUITE ABLE TO MENTION THE "JOB MARKET"...
THE FED HAS FULL RIGHTS TO SHOW IT'S DEEP AND GREAT SYMPATHY FOR THE WORKING FOLK OF AMERICA...
EVEN AS IT FINANCES THE MOVING OF GOOD AMERICAN JOBS OFF SHORE...!
JUST LOOK AT THE HANES UNDERWEAR MOVE TODAY...! AMERICA IS BEING STRIPPED NAKED BY GLOBALISM!
SO, LET THE BULLSHIT CONTINUE...
GOD HELP THE FED IF IT EVER HAS TO TELL WALL STREET THE TRUTH ABOUT THE US ECONOMY!!
But these poor deluded souls on Wall Street will settle for anything these daze...
TOM FRIEDMAN KEEPS PROVING HE HAS NOTHING TO SAY!
WHY DOESN'T THE TIMES ALREADY REPLACE HIM WITH SOMEONE WHO HAS SOME PROGRESSIVE NEW IDEAS ABOUT WHATS GOING ON...!
JUST LEAVING BLANK WHITE SPACE WHERE FRIEDMAN'S COLUMN SHOULD GO WOULD BE MORE "INTERESTING!" HE'S SO TIED THE THE INTERNATIONAL CAPITAL GREED AGENDA THAT ALL HE CAN DO IS UTTER BLAND PLATITUDES AND HOPE NO ONE NOTICES...
BUT SOME OF US DO NOTICE...!
FRIEDMAN'S RECENT COLUMNS REMIND ME OF THE COLORLESS SHIT YOU READ IN LOCAL NEWSPAPERS WHERE THE EDITORS ARE TOO AFRAID OF "OFFENDING" SOME LOCAL ASS HOLE WHO MIGHT THEN PULL THEIR ADVERTISING...
MY ADVICE TO FRIEDMAN IS: BUY INTO THE COMING PROGRESSIVE AGENDA...OR MOVE ON TO THE NEXT BOOK AND SPARE US YOUR CONSTANT BORING DRIVEL.
JUST LEAVING BLANK WHITE SPACE WHERE FRIEDMAN'S COLUMN SHOULD GO WOULD BE MORE "INTERESTING!" HE'S SO TIED THE THE INTERNATIONAL CAPITAL GREED AGENDA THAT ALL HE CAN DO IS UTTER BLAND PLATITUDES AND HOPE NO ONE NOTICES...
BUT SOME OF US DO NOTICE...!
FRIEDMAN'S RECENT COLUMNS REMIND ME OF THE COLORLESS SHIT YOU READ IN LOCAL NEWSPAPERS WHERE THE EDITORS ARE TOO AFRAID OF "OFFENDING" SOME LOCAL ASS HOLE WHO MIGHT THEN PULL THEIR ADVERTISING...
MY ADVICE TO FRIEDMAN IS: BUY INTO THE COMING PROGRESSIVE AGENDA...OR MOVE ON TO THE NEXT BOOK AND SPARE US YOUR CONSTANT BORING DRIVEL.
FED POLICY TIED TO DOLLAR...NOT ECONOMY!!
The FED is tied to the weak dollar...not the state of the economy or the speculators demands for more liquidity to support the various bubbles...
These "bash down" days on gold and oil will only take you so far...because they never really address the underlying problem of too many dollars being printed for Wall Street and Global Speculation...
So keep bashing gold and oil...and hope some of it rubs off on the dollar...
But it won't longer term...and that is really the problem that Wall Street and Washington are in denial about...
And the costs of the unfunded off the books "wars"....well that's just more shit with which to frost the dollar cake...
Dollar Holders...? EAT SHIT!
These "bash down" days on gold and oil will only take you so far...because they never really address the underlying problem of too many dollars being printed for Wall Street and Global Speculation...
So keep bashing gold and oil...and hope some of it rubs off on the dollar...
But it won't longer term...and that is really the problem that Wall Street and Washington are in denial about...
And the costs of the unfunded off the books "wars"....well that's just more shit with which to frost the dollar cake...
Dollar Holders...? EAT SHIT!
Tuesday, June 26, 2007
CASE OF "NERVES" OR IS REALITY SETTING IN...?
IF YOU LIVE IN A FANTASYLAND... EVENTUALLY SOMETHINGS ARE GOING TO HAPPEN THAT MAKE YOU "NERVOUS...."
Monday, June 25, 2007
HOW DO YOU SPELL "GLOOM?" .....O.I.L.!
GET IT...? IT AIN'T GOIN AWAY...
THE PRICE OF MILK IS NOW AT RECORD HIGHS...MAINLY BECAUSE THE COST OF PRODUCTION IS UP...WHY BECAUSE ENERGY COSTS ARE UP...
MILK PRICES ARE A PROXY FOR THE OVER ALL ECONOMY'S "REAL INFLATION"....
THE NOTION THAT YOU CAN HAVE HIGH OIL AND ENERGY COSTS...AND NOT HAVE INFLATION...IS JUST SOME KIND OF PITIFUL BULLSHIT FROM THE TV TOUTS....WHO HAVE BEEN LOOKIN A BIT DOWN IN THE MOUTH LATELY...EVEN AS THEY MOUTH THE WORDS ABOUT HOW GOOD STOCKS ARE...
THE PRICE OF MILK IS NOW AT RECORD HIGHS...MAINLY BECAUSE THE COST OF PRODUCTION IS UP...WHY BECAUSE ENERGY COSTS ARE UP...
MILK PRICES ARE A PROXY FOR THE OVER ALL ECONOMY'S "REAL INFLATION"....
THE NOTION THAT YOU CAN HAVE HIGH OIL AND ENERGY COSTS...AND NOT HAVE INFLATION...IS JUST SOME KIND OF PITIFUL BULLSHIT FROM THE TV TOUTS....WHO HAVE BEEN LOOKIN A BIT DOWN IN THE MOUTH LATELY...EVEN AS THEY MOUTH THE WORDS ABOUT HOW GOOD STOCKS ARE...
US MILITARY NOW CONTOLS WORLDS OPIUM CROP!
OPIUM PRODUCTION SOARS!
THIS COULD HELP PAY FOR THE WARS...YA THINK?
THIS COULD HELP PAY FOR THE WARS...YA THINK?
OBAMA WILL BE THE NEXT PRESIDENT...
AMERICANS WANT CHANGE... IN FACT THEY WANT ANOTHER PARTY TO VOTE FOR BECAUSE THEY HAVE GIVEN UP ON THE TWO MAJOR PARTIES....
ENTER OBAMA....
OBAMA IS A TWO-FER...
HE GIVES YOU THE DYNAMICS OF A THIRD PARTY CANDIDATE...LIKE ROSS PEROT...BUT WITHIN THE EXISTING DEMOCRATIC PARTY.
PEOPLE SIMPLY WILL NOT VOTE FOR HILLARY...NOT IN A YEAR THAT THE DEMOCRAT IS SUPPOSED TO WIN...HILLARY WILL NOT BE THE DEMOCRATS ANSWER TO BOB DOLE...AND BE THE "INEVITABLE LOSER!"
EDWARDS...ALAS...SEEMS TO LACK THAT FIRE IN THE BELLY FOR BEING PRESIDENT...HE'S WEARING THE MANTLE OF DICK GHEPHART...AND THAT COULD BE BAD NEWS... HE COULD PULL A JIMMY CARTER...LET'S HOPE!
BUT THE "DEFAULT CHOICE" TO STOP HILLARY IS OBAMA....HE SAYS ALL THE RIGHT THINGS...AND PEOPLE WILL FLOCK TO HIS LEADERSHIP STYLE...
AND THAT'S REALLY WHAT IT'S ALL ABOUT ISN'T IT..."LEADERSHIP STYLE"....IT'S NOT ENOUGH TO BE "RIGHT ON THE ISSUES"....OR "HAVE EXPERIENCE"...OR BE "WELL EDUCATED."
IN AMERICA TODAY IT'S ALL ABOUT STYLE...
HILLARY AND EDWARDS...DON'T HAVE IT!
OBAMA DOES...! THAT'S REALLY ALL YOU NEED TO KNOW...
MY HUNCH IS THAT OBAMA COULD GET THE BANDWAGON OF INEVITABILITY GOING AFTER THE FIRST FEW PRIMARIES... BUT THE DEMS ARE GOING TO HAVE TO WATCH THE REPUBLICAN SMEAR MACHINE...IT WILL BE IN OVERDRIVE ON OBAMA...!
MY SENSE IS THAT IT'S GOING TO BE ROMNEY AND OBAMA IN 2008!
AND OF COURSE REMEMBER YOU HEARD IT HERE FIRST...
ENTER OBAMA....
OBAMA IS A TWO-FER...
HE GIVES YOU THE DYNAMICS OF A THIRD PARTY CANDIDATE...LIKE ROSS PEROT...BUT WITHIN THE EXISTING DEMOCRATIC PARTY.
PEOPLE SIMPLY WILL NOT VOTE FOR HILLARY...NOT IN A YEAR THAT THE DEMOCRAT IS SUPPOSED TO WIN...HILLARY WILL NOT BE THE DEMOCRATS ANSWER TO BOB DOLE...AND BE THE "INEVITABLE LOSER!"
EDWARDS...ALAS...SEEMS TO LACK THAT FIRE IN THE BELLY FOR BEING PRESIDENT...HE'S WEARING THE MANTLE OF DICK GHEPHART...AND THAT COULD BE BAD NEWS... HE COULD PULL A JIMMY CARTER...LET'S HOPE!
BUT THE "DEFAULT CHOICE" TO STOP HILLARY IS OBAMA....HE SAYS ALL THE RIGHT THINGS...AND PEOPLE WILL FLOCK TO HIS LEADERSHIP STYLE...
AND THAT'S REALLY WHAT IT'S ALL ABOUT ISN'T IT..."LEADERSHIP STYLE"....IT'S NOT ENOUGH TO BE "RIGHT ON THE ISSUES"....OR "HAVE EXPERIENCE"...OR BE "WELL EDUCATED."
IN AMERICA TODAY IT'S ALL ABOUT STYLE...
HILLARY AND EDWARDS...DON'T HAVE IT!
OBAMA DOES...! THAT'S REALLY ALL YOU NEED TO KNOW...
MY HUNCH IS THAT OBAMA COULD GET THE BANDWAGON OF INEVITABILITY GOING AFTER THE FIRST FEW PRIMARIES... BUT THE DEMS ARE GOING TO HAVE TO WATCH THE REPUBLICAN SMEAR MACHINE...IT WILL BE IN OVERDRIVE ON OBAMA...!
MY SENSE IS THAT IT'S GOING TO BE ROMNEY AND OBAMA IN 2008!
AND OF COURSE REMEMBER YOU HEARD IT HERE FIRST...
US ECONOMY: HOSPITALS AND PRISONS!
The US economy is degenerating down to hospitals and prisons...
This all comes from a lack of health care and other social services for the American working classes....who are kept in a constant state of fear and anxiety by the elites.
Anyone thinking about investing in the real US economy would be well advised to rent a car on the east coast and drive across the country to the west coast to see just how HOLLOWED OUT...the US economy has become...
It's all hospitals, prisons and fast food joints....! Pitifull really...no wonder the dollar is plunging...someone knows whats happening out there in fly over country!
This all comes from a lack of health care and other social services for the American working classes....who are kept in a constant state of fear and anxiety by the elites.
Anyone thinking about investing in the real US economy would be well advised to rent a car on the east coast and drive across the country to the west coast to see just how HOLLOWED OUT...the US economy has become...
It's all hospitals, prisons and fast food joints....! Pitifull really...no wonder the dollar is plunging...someone knows whats happening out there in fly over country!
DOLLAR SWIRLING IN THE TOILET BOWL!
WHEN IS THIS THING GOING TO FLUSH...?!
THE MIGHTY UK POUND BREAKS THE $2 BARRIER...!
The "mighty" UK Pound...?
We are in bad shape if the Pound is kicking the dollars ass...!
THE MIGHTY UK POUND BREAKS THE $2 BARRIER...!
The "mighty" UK Pound...?
We are in bad shape if the Pound is kicking the dollars ass...!
DON'T BUY A HOUSE NOW...THEY'LL BE CHEAPER IN THE FALL
Anyone who buys a house in this market is trying to catch a falling knife...
Whatever houses are selling for now...THEY WILL GET CHEAPER....
Probably housing has at least a year to fall... This was a BIG BUBBLE and it's not going to unwind overnight... And housing prices tend to be "sticky"...taking longer to fall....
Your neigborhood doesn't trade like the grain pits in Chicago...!
Whatever houses are selling for now...THEY WILL GET CHEAPER....
Probably housing has at least a year to fall... This was a BIG BUBBLE and it's not going to unwind overnight... And housing prices tend to be "sticky"...taking longer to fall....
Your neigborhood doesn't trade like the grain pits in Chicago...!
MARKETS CONFUSED AND OVERBOUGHT
TODAY THE MARKET IS TRYING TO CRAWL UP IT'S OWN ASS...
BUT DAYS LIKE THIS ARE TO BE EXPECTED...
THE FACTS ARE THAT THE WHEELS ARE COMING OFF...AND NO...LOWER RATES AREN'T THE ANSWER...BECAUSE "TOO LOW" RATES ARE WHAT CAUSED THE PROBLEM IN THE FIRST PLACE...!
HENCE THE MARKET IS TRYING TO CRAWL UP IT'S OWN ASS...YET AGAIN.
WELL, SOONER OR LATER....REALITY DOES COME INTO PLAY...
JUST NOT TODAY...NOT YET ANYWAY...LoL...
BUT DAYS LIKE THIS ARE TO BE EXPECTED...
THE FACTS ARE THAT THE WHEELS ARE COMING OFF...AND NO...LOWER RATES AREN'T THE ANSWER...BECAUSE "TOO LOW" RATES ARE WHAT CAUSED THE PROBLEM IN THE FIRST PLACE...!
HENCE THE MARKET IS TRYING TO CRAWL UP IT'S OWN ASS...YET AGAIN.
WELL, SOONER OR LATER....REALITY DOES COME INTO PLAY...
JUST NOT TODAY...NOT YET ANYWAY...LoL...
Sunday, June 24, 2007
CHENEY'S POWER: COMES FROM HAVING A MORON FOR PRESIDENT!
AMERICANS ARE FAT, STUPID, BROKE AND WOULD LIKE TO HAVE A BEER WITH JESUS!
NO WONDER CHENEY HAS SUCH POWER...
THE ONLY PEOPLE THE AMERICAN ELECTORATE WILL VOTE FOR ARE OBVIOUS MORONS...LIKE THEMSELVES...!
THE KIND OF PERSON YOU WANT TO "HAVE A BEER WITH"....THAT'S THE NEW TEST OF LEADERSHIP... PEOPLE LIKE JESUS AND DUBYA...
MY ADVISE TO ALL AMERICAN "JUNE GRADS"....LEAVE THE US AS SOON AS POSSIBLE... I'D SUGGEST...AUSTRALIA, THE UK, PERHAPS CANADA...OR FRANCE AND GERMANY, IF YOU CAN HANDLE THE LANGUAGE BARRIER... EASTERN EUROPE COULD BE INTERESTING FOR THE ADVENTUROUS NEW GRAD...
NO WONDER CHENEY HAS SUCH POWER...
THE ONLY PEOPLE THE AMERICAN ELECTORATE WILL VOTE FOR ARE OBVIOUS MORONS...LIKE THEMSELVES...!
THE KIND OF PERSON YOU WANT TO "HAVE A BEER WITH"....THAT'S THE NEW TEST OF LEADERSHIP... PEOPLE LIKE JESUS AND DUBYA...
MY ADVISE TO ALL AMERICAN "JUNE GRADS"....LEAVE THE US AS SOON AS POSSIBLE... I'D SUGGEST...AUSTRALIA, THE UK, PERHAPS CANADA...OR FRANCE AND GERMANY, IF YOU CAN HANDLE THE LANGUAGE BARRIER... EASTERN EUROPE COULD BE INTERESTING FOR THE ADVENTUROUS NEW GRAD...
TOM FRIEDMAN IS A HOAX...
Now that the multi-nationals and the likes of Friedman are backing the "climate change" argument...it's probably doomed...
My hunch is that climate change has been occuring all the time...and changes continuously over time...
There have been warm and cold periods in the earths history...before the invention of the automobile...or any other mechanical device...
A great political cartoon would be of two cave men sitting in front of a camp fire...with a glacier in the background... And one says to the other....I think our camp fires are causing the glaciers to melt!
I don't deny that the climate is changing... But there are cycles...we know this for a fact...
And I don't deny that there may be some influence from carbon dioxide...
But when a scientific question becomes "politically correct" and the corporations and politicians and shills like Friedman start backing them...as..."obvious...."
Well, maybe it's not so obvious... And it's time to look at some other explanations....
My hunch is that climate change has been occuring all the time...and changes continuously over time...
There have been warm and cold periods in the earths history...before the invention of the automobile...or any other mechanical device...
A great political cartoon would be of two cave men sitting in front of a camp fire...with a glacier in the background... And one says to the other....I think our camp fires are causing the glaciers to melt!
I don't deny that the climate is changing... But there are cycles...we know this for a fact...
And I don't deny that there may be some influence from carbon dioxide...
But when a scientific question becomes "politically correct" and the corporations and politicians and shills like Friedman start backing them...as..."obvious...."
Well, maybe it's not so obvious... And it's time to look at some other explanations....
MORE DOWN SIDE LOOMS: MARKET MASSIVELY OVER-BOUGHT!
INSANE SPRING RALLY HAS A LONG WAY TO FALL...
EVEN WITHOUT THE NEW HIGH RATES...AND INFLATION...
EVEN WITHOUT THE NEW HIGH RATES...AND INFLATION...
Saturday, June 23, 2007
MORE SENSELESS DEATHS IN IRAQ BECAUSE OF BUSH!
WHY ARE AMERICANS "TAKING" IRAQI NEIGBORHOODS...?
LET THE IRAQI'S HAVE THEIR NEIGBORHOODS...AND BRING THE AMERICANS BACK TO FIGHT FOR THEIR OWN NEIGBORHOODS...FOR JOBS, HEALTH CARE, EDUCATION AND TO STOP THE LOOTING BY THE WALL STREET RICH...
LET THE IRAQI'S HAVE THEIR NEIGBORHOODS...AND BRING THE AMERICANS BACK TO FIGHT FOR THEIR OWN NEIGBORHOODS...FOR JOBS, HEALTH CARE, EDUCATION AND TO STOP THE LOOTING BY THE WALL STREET RICH...
Friday, June 22, 2007
A SUPER STAR IN THE PANTHEON OF THE OVERRATED
Hirst is to artists what Dubya is to the Presidency...
And embarrasing interlude....soon to be forgotten...once the "real thing" shows up again...
And embarrasing interlude....soon to be forgotten...once the "real thing" shows up again...
DUMPSTER DIVING DOW...!
ANY HALF EATEN JARS OF PEANUT BUTTER IN THERE...?
THE BROKERS WILL BE "BROWN BAGGING" AGAIN IF THIS KEEPS UP...!
THE BROKERS WILL BE "BROWN BAGGING" AGAIN IF THIS KEEPS UP...!
BLACKSTONE WILL SETTLE DOWN...
THE DAZE OF THE LOOTERS AND SPECULATORS ARE ENDING...
AND THIS TYPE OF "INVESTMENT" IS ALWAYS OFFERED TO THE SUCKERS RIGHT AT THE END OF THE LINE...
AND THIS TYPE OF "INVESTMENT" IS ALWAYS OFFERED TO THE SUCKERS RIGHT AT THE END OF THE LINE...
NATO: KILLING FOR PEACE...!
We may have to destroy Afghanistan to save it...!
What NATO is missing is that the Taliban...ARE "the people"or,at least,ARE "of the people!!"
And nothing can change that...no matter how many of them you kill.
And the foreign occupation is the outside force... These people are more than capable of governing themselves as they have for 5000 years...without "help" from Euroland or the US....or the Bush Administration of War Criminals.
Just having a Burger King and offices of multinationals in your cities is not the only reason for living...
This is like when Hitler invaded Poland...to destroy the evil insurgents...and establish a "superior culture" among the degenerate Slavs... Best for all concerned to have simply let the Slavs wallow in their home-grown backwardness...!
What NATO is missing is that the Taliban...ARE "the people"or,at least,ARE "of the people!!"
And nothing can change that...no matter how many of them you kill.
And the foreign occupation is the outside force... These people are more than capable of governing themselves as they have for 5000 years...without "help" from Euroland or the US....or the Bush Administration of War Criminals.
Just having a Burger King and offices of multinationals in your cities is not the only reason for living...
This is like when Hitler invaded Poland...to destroy the evil insurgents...and establish a "superior culture" among the degenerate Slavs... Best for all concerned to have simply let the Slavs wallow in their home-grown backwardness...!
Thursday, June 21, 2007
AMERICANS REDUCED TO EATING GARBAGE...BECAUSE CHINA HAS OUR JOBS!
A HALF EMPTY JAR OF PEANUT BUTTER...? YUMMIE!
BUT DON'T THINK OF IT AS "EATING GARBAGE" THINK OF IT AS A "WACKY NEW FOOD CRAZE...!"
READ ABOUT LIFE IN THE DUMPSTER....
OR BOOKCROSSING...MAY BE LESS DEPRESSING...
BUT DON'T THINK OF IT AS "EATING GARBAGE" THINK OF IT AS A "WACKY NEW FOOD CRAZE...!"
READ ABOUT LIFE IN THE DUMPSTER....
OR BOOKCROSSING...MAY BE LESS DEPRESSING...
FOURTEEN DEATHS IN IRAQ...
DAYS LIKE THIS COULD END THIS WAR...FAST! AND THERE WILL PROBABLY BE MANY MANY MORE...
THE BUSH "STRATEGY" SEEMS TO BE TO MAKE AMERICANS "SITTING DUCKS" FOR SNIPERS AND IEDs.... TO GET THEM OUT OF THE HUMVEES AND INTO THE "NEIGHBORHOODS." BUT TO DO WHAT...? THEY DON'T EVEN SPEAK THE LANGUAGE... THE IRAQIS MUST BE ANGERED AT THE SIGHT OF THESE PATROLS...
AND AMAZINGLY....DOESN'T THE ENTIRE TOWN SEE THESE GUYS DIGGING THE HOLES...AND BURYING THESE IED BOMBS...?
I MEAN DIGGING IN THE MIDDLE OF THE ROAD IS NOT EXACTLY...SECRET OR IN HIDING...!
OR DO OTHER DRIVERS JUST GO AROUND THE IED "CREWS"....SMILING AND WAVING...? AND SAYING "GOD IS GREAT..."
IF THE IRAQI PUBLIC WANTED THE US IN IRAQ...THESE IED GUYS WOULD BE OUT OF BUSINESS OVERNIGHT....
THE BUSH "STRATEGY" SEEMS TO BE TO MAKE AMERICANS "SITTING DUCKS" FOR SNIPERS AND IEDs.... TO GET THEM OUT OF THE HUMVEES AND INTO THE "NEIGHBORHOODS." BUT TO DO WHAT...? THEY DON'T EVEN SPEAK THE LANGUAGE... THE IRAQIS MUST BE ANGERED AT THE SIGHT OF THESE PATROLS...
AND AMAZINGLY....DOESN'T THE ENTIRE TOWN SEE THESE GUYS DIGGING THE HOLES...AND BURYING THESE IED BOMBS...?
I MEAN DIGGING IN THE MIDDLE OF THE ROAD IS NOT EXACTLY...SECRET OR IN HIDING...!
OR DO OTHER DRIVERS JUST GO AROUND THE IED "CREWS"....SMILING AND WAVING...? AND SAYING "GOD IS GREAT..."
IF THE IRAQI PUBLIC WANTED THE US IN IRAQ...THESE IED GUYS WOULD BE OUT OF BUSINESS OVERNIGHT....
BOND PLUNGE CONTINUES...
WE NOW HAVE A "TREND..." AND REMEMBER THE TREND IS YOUR FRIEND...
BUT IF THAT WERE TRUE...STOCKS WOULD BE DROPPING LIKE A STONE...
BUT IF THAT WERE TRUE...STOCKS WOULD BE DROPPING LIKE A STONE...
SO WHO WILL REALLY OWN BLACKSTONE...? CHINA...?
IT LOOKS LIKE CHINA WILL HAVE THE CONTROLLING INTEREST IN BLACKSTONE...UNLESS I'M MISSING SOMETHING...
Wednesday, June 20, 2007
BLOOMBERG WILL DRAG DOWN DOW....
The Bloomberg announcement could drag the Dow down today...
With Bloomberg in the race Democrats and anti-free traders could win big in Kongress in 2008...
This is a market that has been grasping at straws for weeks...and Bloomberg just throw it a rock!
The only way to decribe Wall Street today is "levitation...."
It'll be fine until someone looks down...and realizes how far off the mark Wall Street really is...
With Bloomberg in the race Democrats and anti-free traders could win big in Kongress in 2008...
This is a market that has been grasping at straws for weeks...and Bloomberg just throw it a rock!
The only way to decribe Wall Street today is "levitation...."
It'll be fine until someone looks down...and realizes how far off the mark Wall Street really is...
Tuesday, June 19, 2007
HILLARY, THE HUMORIST...? OH...PLEASE GOD NO...!!
HOW ARE WE EVER GOING TO MAKE IT TO THE FIRST PRIMARY...AFTER WHICH HILLARY WILL SURELY DROP OUT...
BLOOMBERG: THE REPUBLICAN NADER!
The Democrats could sweep the elections in 2008 with Bloomberg in the race...
Many Republicans are looking for a protest candidate the way some Democrats supported Nader...
Still all things considered...it would be best for Bloomberg NOT to run and confuse the issue at this key point in US history...
Many Republicans are looking for a protest candidate the way some Democrats supported Nader...
Still all things considered...it would be best for Bloomberg NOT to run and confuse the issue at this key point in US history...
THE SURGE IS WORKING...!
JUST THE WAY OSAMA & CO...HAD HOPED IT WOULD!
CLEANING UP IRAQ IS LIKE PICKING UP SPILLED JELLO WITH YOUR FINGERS... THE IRAQIS HAVE AMERICANS IN A ROPE-A-DOPE SITUATION...WACK-EM HERE...THEY POP UP THERE...
LET'S JUST GO HOME...AND TAKE SADDAMS BODY WITH US...AND RE-BURYING IT ON THE WHITE HOUSE GROUNDS WITH A PLAQUE DECLARING VICTORY...
OR, PERHAPS BUILD A TRIPUMPHAL ARCH ON PENNSYLVANIA AVENUE...IN TRUE ROMAN IMPERIAL STYLE...AND DUBYA CAN RIDE TO THE INAUGRUATION OF THE NEXT PRESIDENT IN A CHARIOT...?
CLEANING UP IRAQ IS LIKE PICKING UP SPILLED JELLO WITH YOUR FINGERS... THE IRAQIS HAVE AMERICANS IN A ROPE-A-DOPE SITUATION...WACK-EM HERE...THEY POP UP THERE...
LET'S JUST GO HOME...AND TAKE SADDAMS BODY WITH US...AND RE-BURYING IT ON THE WHITE HOUSE GROUNDS WITH A PLAQUE DECLARING VICTORY...
OR, PERHAPS BUILD A TRIPUMPHAL ARCH ON PENNSYLVANIA AVENUE...IN TRUE ROMAN IMPERIAL STYLE...AND DUBYA CAN RIDE TO THE INAUGRUATION OF THE NEXT PRESIDENT IN A CHARIOT...?
AMERICA'S PSYCHO SOLDIERS...
THERE IS A LOT OF TALK ABOUT AMERICAN SOLDIERS IN IRAQ COMING HOME WITH ....PTSD...OR POST TRAUMATIC STRESS DISORDER...
BUT CONSIDER:
COULD COMING HOME TO A SMALL TOWN ECONOMY WHERE LOW WAGE, NO BENEFITS....WALMART AND BURGER KING TYPE JOBS ARE ALL THAT'S AVAILABLE BE THE REAL STRESS FACTOR...
LIVING IN THE LOOTED AMERICAN ECONOMY IS THE REAL STRESS FACTOR FOR WORKING PEOPLE...!
AMERICA'S SMALL AND MEDIUM SIZED TOWNS IN FLY OVER COUNTRY HAVE BEEN DEVASTATED BY WALL STREET GREED...AND THE CHINA "FREE" TRADE LOOTING...
YOU BET...THAT'S THE REAL STRESS FACTOR.
A HUGE PERCENTAGE OF THE IRAQ WAR VETERAN'S WILL BE GOING FOR A DISABILITY CHECK AFTER THEY RETURN...
SOME BECAUSE OF EXPERIENCES IN IRAQ...
BUT FOR MOST IT'S THE PROSPECT OF LIFE IN AMERICA WITH NO FUTURE AND NO HOPE FOR ADVANCEMENT BEYOND THE MINIMUM WAGE JOBS THAT ARE NOW ALL THAT IS AVAILABLE TO MOST PEOPLE....!!
DEAL WITH IT...
BUT CONSIDER:
COULD COMING HOME TO A SMALL TOWN ECONOMY WHERE LOW WAGE, NO BENEFITS....WALMART AND BURGER KING TYPE JOBS ARE ALL THAT'S AVAILABLE BE THE REAL STRESS FACTOR...
LIVING IN THE LOOTED AMERICAN ECONOMY IS THE REAL STRESS FACTOR FOR WORKING PEOPLE...!
AMERICA'S SMALL AND MEDIUM SIZED TOWNS IN FLY OVER COUNTRY HAVE BEEN DEVASTATED BY WALL STREET GREED...AND THE CHINA "FREE" TRADE LOOTING...
YOU BET...THAT'S THE REAL STRESS FACTOR.
A HUGE PERCENTAGE OF THE IRAQ WAR VETERAN'S WILL BE GOING FOR A DISABILITY CHECK AFTER THEY RETURN...
SOME BECAUSE OF EXPERIENCES IN IRAQ...
BUT FOR MOST IT'S THE PROSPECT OF LIFE IN AMERICA WITH NO FUTURE AND NO HOPE FOR ADVANCEMENT BEYOND THE MINIMUM WAGE JOBS THAT ARE NOW ALL THAT IS AVAILABLE TO MOST PEOPLE....!!
DEAL WITH IT...
OLMERT GIVES BUSH HIS NEW MARCHING ORDERS...
AND WITH AN IN PERSON VISIT YET...!
HE COULD HAVE JUST EMAILED THEM TO ROVE AND THE NEOCONS...
WHY DOES DUBYA SUDDENLY HAVE TO BE "IN THE LOOP....?"
HE COULD HAVE JUST EMAILED THEM TO ROVE AND THE NEOCONS...
WHY DOES DUBYA SUDDENLY HAVE TO BE "IN THE LOOP....?"
ALL THE DATA IS BLAAAA! BUT HYPE KEEPS GOING...
THE HYPE MACHINE HAS TO KEEP GOING..BECAUSE THAT'S WHAT A HYPE MACHINE IS SUPPOSED TO DO...
STILL IT'S REALLY A LITTLE DISGUSTING TO WATCH THESE POOR TV TOUTS...BABBLING ON AND ON AND ON...
WHEN IS THE $70 OIL COMING...THAT'S ALL I WANT TO KNOW...
AND HOW LOW IS THE DOLLAR GOING TO GO... AND WHEN DOES THE BOND HIT 6.5%....
STILL IT'S REALLY A LITTLE DISGUSTING TO WATCH THESE POOR TV TOUTS...BABBLING ON AND ON AND ON...
WHEN IS THE $70 OIL COMING...THAT'S ALL I WANT TO KNOW...
AND HOW LOW IS THE DOLLAR GOING TO GO... AND WHEN DOES THE BOND HIT 6.5%....
Monday, June 18, 2007
HOUSINGS BOTTOMLESS DECLINE...!
The housing price declines continue apace...with no bottom in sight...
Nor will there be a bottom in the immediate future...
Housing not only has the recent bubble to deal with...it has some underlying demographic problems as yet unnoticed...
Frist of all...young buyers have lower wages and can not afford starter home prices...
As the higher paying jobs are eliminated, or are sent off shore...affordablity becomes a Big, Big factor.
Additionally, there simply are not enough younger buyers to offset the supply provided by downsizing Baby Boomers... Simply put, there is a lack of young people in the US to take up the slack in US demographics post Boomer... Foreigners are helping; but they are still not enough.
Finally, the entire housing bubble was really a house of cards...where everyone was "trading up"....but if you didn't have a seat at the table you were totally out of the game... In other words it was like the dotcom bubble prices... I'll trade you two $500 cats for your $1000 dog...!
Once you eliminate the "trade up trade" you knock a hole in the price bucket...
And house prices can decline without limit where there is no demand... Of course you could always argue that a house is at least "worth" the material that is used to make it...the sticks and stones...so to speak...
Yet there are a lot of ghetto neighborhoods where the house is free...and all you pay for is the land...and that's nearly free...!
As this "annus horribilis" continues I suspect that the housing price collapse will start to bite the economy in ways as yet uncovered in the Main Stream Media...
Nor will there be a bottom in the immediate future...
Housing not only has the recent bubble to deal with...it has some underlying demographic problems as yet unnoticed...
Frist of all...young buyers have lower wages and can not afford starter home prices...
As the higher paying jobs are eliminated, or are sent off shore...affordablity becomes a Big, Big factor.
Additionally, there simply are not enough younger buyers to offset the supply provided by downsizing Baby Boomers... Simply put, there is a lack of young people in the US to take up the slack in US demographics post Boomer... Foreigners are helping; but they are still not enough.
Finally, the entire housing bubble was really a house of cards...where everyone was "trading up"....but if you didn't have a seat at the table you were totally out of the game... In other words it was like the dotcom bubble prices... I'll trade you two $500 cats for your $1000 dog...!
Once you eliminate the "trade up trade" you knock a hole in the price bucket...
And house prices can decline without limit where there is no demand... Of course you could always argue that a house is at least "worth" the material that is used to make it...the sticks and stones...so to speak...
Yet there are a lot of ghetto neighborhoods where the house is free...and all you pay for is the land...and that's nearly free...!
As this "annus horribilis" continues I suspect that the housing price collapse will start to bite the economy in ways as yet uncovered in the Main Stream Media...
NEW SHAREHOLDER VALUE PLAY: FIRE THE CEO!!
YEAH BABY....LET'S HAVE MORE OF IT...
AND THE CEOs WHO WANT TO STAY ON HAVE TO WORK THEIR ASSES OFF FOR ABOUT ONE TENTH OF THEIR CURRENT PAY...!
SHAREHOLDER VALUE BABY!
AND THE CEOs WHO WANT TO STAY ON HAVE TO WORK THEIR ASSES OFF FOR ABOUT ONE TENTH OF THEIR CURRENT PAY...!
SHAREHOLDER VALUE BABY!
OIL COULD KISS $70 THIS WEEK...KISS TOURISM GOOD BYE!
AND THAT COULD BE THE KISS OF DEATH FOR THE US ECONOMY...
BUT NO ONE IS EVEN MENTIONING TOURISM...IT'S CONSIDERED UNSEEMLY TO REPORT BAD NEWS TO THE MARKET MASTERS AND THE ELITES...WHO AFTER ALL PAY YOU TO KEEP YOU'RE MOUTH SHUT ABOUT "CERTAIN THINGS."
TOURISM IS SUPPOSEDLY SUPPLYING ALL THOSE "HOSPITALITY" JOBS EACH MONTH...ALAS, THAT ARE SO BELOVED BY THE TOUTS OF THE STREET...
ACTUALLY, LAST WEEKEND I WAS ON A BIT OF INTERSTATE THAT IS USUALLY JAMMED WITH MOTOR HOMES...RV'S...TRAILERS...AND PRIVATE BUSES...
AND THERE WAS NONE OF IT... THE INTERSTATE WAS EMPTY OF TOURIST STYLE TRAFFIC.... A FEW SEMIS EVERY MILE OR SO... THAT'S IT...
THIS IS THE GREAT UNTOLD STORY OF HIGH SUMMER GAS PRICES...
EVERYONE IS STAYING HOME...!
BUT NO ONE IS EVEN MENTIONING TOURISM...IT'S CONSIDERED UNSEEMLY TO REPORT BAD NEWS TO THE MARKET MASTERS AND THE ELITES...WHO AFTER ALL PAY YOU TO KEEP YOU'RE MOUTH SHUT ABOUT "CERTAIN THINGS."
TOURISM IS SUPPOSEDLY SUPPLYING ALL THOSE "HOSPITALITY" JOBS EACH MONTH...ALAS, THAT ARE SO BELOVED BY THE TOUTS OF THE STREET...
ACTUALLY, LAST WEEKEND I WAS ON A BIT OF INTERSTATE THAT IS USUALLY JAMMED WITH MOTOR HOMES...RV'S...TRAILERS...AND PRIVATE BUSES...
AND THERE WAS NONE OF IT... THE INTERSTATE WAS EMPTY OF TOURIST STYLE TRAFFIC.... A FEW SEMIS EVERY MILE OR SO... THAT'S IT...
THIS IS THE GREAT UNTOLD STORY OF HIGH SUMMER GAS PRICES...
EVERYONE IS STAYING HOME...!
OUR PASSION FOR BLING-BLING CONTINUES...
What is amazing is how recent anything human is...because 100,000 years is nothing in astronomic or geological time...
My hunch is that humans are going to be a relatively short lived species... I sense that "big brain" experiments...are not very stable in the grand scheme of things...hence the great silences of deep space...
The other incredible conceit is that a world without humans would lack "intelligent life"...nothing could be further from the truth...
What is language...what are markets but terrible illusions...fakery...Bling Bling on steroids...!
My hunch is that humans are going to be a relatively short lived species... I sense that "big brain" experiments...are not very stable in the grand scheme of things...hence the great silences of deep space...
The other incredible conceit is that a world without humans would lack "intelligent life"...nothing could be further from the truth...
What is language...what are markets but terrible illusions...fakery...Bling Bling on steroids...!
MARKET MASTERS COULD SETTLE FOR A DISTRIBUTION DAY
IN A WHIPPY MARKET...THE MARKET MASTERS OCCASSIONALLY SETTLE FOR A DAY OF QUIET DISTRIBUTION...
THIS GENERATES COMMISSIONS...AND LETS THE SUCKERS IN ON THE GAME....PLUS THE PROFITS FROM MARKET MASTERS SELLING HIGH AND BUYING LOW...
WALL STREET LIKES DISTRIBUTION DAYS...EVEN IF THEY ARE NOT REAL EXCITING FOR THE TOUTS ON CNBC...
THIS GENERATES COMMISSIONS...AND LETS THE SUCKERS IN ON THE GAME....PLUS THE PROFITS FROM MARKET MASTERS SELLING HIGH AND BUYING LOW...
WALL STREET LIKES DISTRIBUTION DAYS...EVEN IF THEY ARE NOT REAL EXCITING FOR THE TOUTS ON CNBC...
GOLDILOCKS ECONOMY IS...
WHEN CORPORATIONS ARE MAKING MONEY...BUT ORDINARY PEOPLE AREN'T...
THEN AND ONLY THEN WILL THE CENTRAL BANK HAVE "PERMISSION" TO PRINT MONEY LIKE MAD...!
WHY?
BECAUSE ASSET INFLATION IS "GOOD INFLATION" BECAUSE IT GOES TO THE RICH.
AND REGULAR INFLATION...A/K/A/...WAGE INFLATION IS BAD BECAUSE IT ALLOWS WORKERS TO GET AHEAD AND BUY MORE THINGS THAT CORPORATIONS MAKE...
NO WONDER ECONOMICS IS THE DISMAL SCIENCE...
WE ARE VERY LIKELY NEARING THE END OF THE GREAT ASSET INFLATIONS OF THE 1990-2007 PERIOD...
HOUSING SEEMS TO HAVE NO BOTTOM...BECAUSE IN A SELLERS MARKET THE SELLER DECIDES WHAT A HOUSE IS WORTH...
BUT IN A BUYERS MARKET THE BUYERS DECIDE WHAT A HOUSE IS WORTH...AND THAT'S REALLY SCARY!
GREAT BULL MARKETS...LIKE IN THE 1920'S ALWAYS END WITH A REAL ESTATE CRASH PRECEEDING... IN 1927 IT WAS THE FLORIDA LAND BUBBLE...
SO TO TODAY...BUT ON A MUCH BIGGER SCALE...
IT'S ODD THAT WE HAVE LEARNED SO LITTLE...DESPITE ALL OF THE NOBELS IN ECONOMICS THAT HAVE BEEN GIVEN...!
THE NEXT NOBEL I WANT TO SEE IS THE ONE THAT DEMONSTRATES HOW GLOBALISM AND CHEAP LABOR SQUARES WITH TRADE DEFICITS AND WEAKER CURRENCIES...
WE HAVE CURRENTLY "SOLVED" THE ECONOMIC EQUATIONS FOR CORPORATIONS...AND THEIR DESIRE FOR EVER CHEAPER LABOR AND FEWER RESTRICTIONS ON THE PRODUCTS OF THAT LABOR...
BUT THERE ARE PROBLEMS...OVER PRODUCTION...AN OLD CHESTNUT YOU DON'T HEAR ABOUT MUCH ANY MORE...
AND THE "STRUCTURAL" TRADE DEFICIT...WHICH SEEMS TO BE THE 800 POUND GORRILLA AT THE ECON SEMINAR THAT EVERYONE WANTS TO IGNORE!!
GOLDILOCKS IS PLAYING WITH THE BEARS... THAT'S A DANGEROUS JOB IN ANY EVENT... THE END RESULT IS PROBABLY QUITE PREDICTABLE...!
THEN AND ONLY THEN WILL THE CENTRAL BANK HAVE "PERMISSION" TO PRINT MONEY LIKE MAD...!
WHY?
BECAUSE ASSET INFLATION IS "GOOD INFLATION" BECAUSE IT GOES TO THE RICH.
AND REGULAR INFLATION...A/K/A/...WAGE INFLATION IS BAD BECAUSE IT ALLOWS WORKERS TO GET AHEAD AND BUY MORE THINGS THAT CORPORATIONS MAKE...
NO WONDER ECONOMICS IS THE DISMAL SCIENCE...
WE ARE VERY LIKELY NEARING THE END OF THE GREAT ASSET INFLATIONS OF THE 1990-2007 PERIOD...
HOUSING SEEMS TO HAVE NO BOTTOM...BECAUSE IN A SELLERS MARKET THE SELLER DECIDES WHAT A HOUSE IS WORTH...
BUT IN A BUYERS MARKET THE BUYERS DECIDE WHAT A HOUSE IS WORTH...AND THAT'S REALLY SCARY!
GREAT BULL MARKETS...LIKE IN THE 1920'S ALWAYS END WITH A REAL ESTATE CRASH PRECEEDING... IN 1927 IT WAS THE FLORIDA LAND BUBBLE...
SO TO TODAY...BUT ON A MUCH BIGGER SCALE...
IT'S ODD THAT WE HAVE LEARNED SO LITTLE...DESPITE ALL OF THE NOBELS IN ECONOMICS THAT HAVE BEEN GIVEN...!
THE NEXT NOBEL I WANT TO SEE IS THE ONE THAT DEMONSTRATES HOW GLOBALISM AND CHEAP LABOR SQUARES WITH TRADE DEFICITS AND WEAKER CURRENCIES...
WE HAVE CURRENTLY "SOLVED" THE ECONOMIC EQUATIONS FOR CORPORATIONS...AND THEIR DESIRE FOR EVER CHEAPER LABOR AND FEWER RESTRICTIONS ON THE PRODUCTS OF THAT LABOR...
BUT THERE ARE PROBLEMS...OVER PRODUCTION...AN OLD CHESTNUT YOU DON'T HEAR ABOUT MUCH ANY MORE...
AND THE "STRUCTURAL" TRADE DEFICIT...WHICH SEEMS TO BE THE 800 POUND GORRILLA AT THE ECON SEMINAR THAT EVERYONE WANTS TO IGNORE!!
GOLDILOCKS IS PLAYING WITH THE BEARS... THAT'S A DANGEROUS JOB IN ANY EVENT... THE END RESULT IS PROBABLY QUITE PREDICTABLE...!
DOLLAR PLUNGE CONTINUES...GOOD FOR STOCKS!
THE DOLLAR PLUNGE IS CONTINUING AFTER A BRIEF REST...
THIS IS REALLY GOOD FOR STOCKS BECAUSE IT ALLOWS NOMINAL STOCK VALUES TO GO UP...WHILE REAL VALUES STAY THE SAME OR GO DOWN... NEVERTHELESS COMMISSIONS ARE GENERATED FOR THE STREET...AND THAT'S ALL THAT COUNTS...
THE SUCKERS WILL GET WHAT THEY WANT AND DESERVE SOONER OR LATER...
THIS IS REALLY GOOD FOR STOCKS BECAUSE IT ALLOWS NOMINAL STOCK VALUES TO GO UP...WHILE REAL VALUES STAY THE SAME OR GO DOWN... NEVERTHELESS COMMISSIONS ARE GENERATED FOR THE STREET...AND THAT'S ALL THAT COUNTS...
THE SUCKERS WILL GET WHAT THEY WANT AND DESERVE SOONER OR LATER...
FREE MONEY ON MOONSHOT MONDAY: BUY IT...AND THEN GO SHOPPING!
FREE MONEY FOR ALL...
THANKS TO THE BERNANKE FED!!
THANKS TO THE BERNANKE FED!!
M&A IS BACK BIG...!
IT WILL BE ALL M&A FOR THE DURATION OF THIS MOONSHOT...
THE REAL ECONOMY IS NOT REALLY THAT STRONG...BUT THAT'S THE REASON THE FED CAN KEEP PRINTING MONEY...
SEE THE PPI AND CPI LAST WEEK FOR PROOF...
MERGER MONDAY WILL BE A BUY FOR THE REST OF THIS YEAR...
IT FACT JUST BUY THE DOW ON FRIDAY AND SHOP ALL WEEKEND...AND PAY YOUR BILLS ON MONDAY...!
WALL STREET IS DISTRIBUTING THE MONEY THE FED IS PRINTING....EVERYDAY!!
THE REAL ECONOMY IS NOT REALLY THAT STRONG...BUT THAT'S THE REASON THE FED CAN KEEP PRINTING MONEY...
SEE THE PPI AND CPI LAST WEEK FOR PROOF...
MERGER MONDAY WILL BE A BUY FOR THE REST OF THIS YEAR...
IT FACT JUST BUY THE DOW ON FRIDAY AND SHOP ALL WEEKEND...AND PAY YOUR BILLS ON MONDAY...!
WALL STREET IS DISTRIBUTING THE MONEY THE FED IS PRINTING....EVERYDAY!!
Sunday, June 17, 2007
GOOD MORNING WALL STREET...RALLY ON DUDES!
THIS IS A MARKET THAT CAN RALLY ON ANYTHING...AND NOTHING...
NO MATTER WHAT YOU KNOW...OR THINK YOU KNOW...
THIS MARKET SIMPLY CAN NOT BE ALLOWED TO FALL OR FAIL IN ANY WAY...
FOR THE ELITES...IT'S THE ONLY GAME IN TOWN...THE ENTIRE NOTION OF GLOBALISM RESTS FIRMLY ON STOCK SPECULATION...
THE DOW IS A BUY IT AND FORGET IT INVESTMENT... THE MARKETS ARE NOW TO BIG TO FAIL...AND HEAVEN AND EARTH WILL BE MOVED...OR THE DEVIL CALLED OUT OF HELL TO PRESERVE THE CURRENT SYSTEM...
THE RECENT UNPLEASANTNESS WAS LIKELY A VERY VERY BELATED RECOGNITION THAT THE MARKET WAS MASSIVELY OVER BOUGHT...
THE TROUBLE IN BONDS IS SEPERATE...AND PROBABLY HAS TO DO WITH CHINA DIVERISFICATION...
AS TO THE FED...THEIR ONLY JOB IS TO PRINT MONEY AS FAST AS POSSIBLE...24.7.365....TO KEEP THE SYSTEM WELL LIQUIFIED...
LIQUIDITY IS THE KEY...AND THE FED KNOWS IT...
THE MOONSHOT WILL CONTINUE...
DOW 18,000 BY THE END OF DECEMBER!!
NO MATTER WHAT YOU KNOW...OR THINK YOU KNOW...
THIS MARKET SIMPLY CAN NOT BE ALLOWED TO FALL OR FAIL IN ANY WAY...
FOR THE ELITES...IT'S THE ONLY GAME IN TOWN...THE ENTIRE NOTION OF GLOBALISM RESTS FIRMLY ON STOCK SPECULATION...
THE DOW IS A BUY IT AND FORGET IT INVESTMENT... THE MARKETS ARE NOW TO BIG TO FAIL...AND HEAVEN AND EARTH WILL BE MOVED...OR THE DEVIL CALLED OUT OF HELL TO PRESERVE THE CURRENT SYSTEM...
THE RECENT UNPLEASANTNESS WAS LIKELY A VERY VERY BELATED RECOGNITION THAT THE MARKET WAS MASSIVELY OVER BOUGHT...
THE TROUBLE IN BONDS IS SEPERATE...AND PROBABLY HAS TO DO WITH CHINA DIVERISFICATION...
AS TO THE FED...THEIR ONLY JOB IS TO PRINT MONEY AS FAST AS POSSIBLE...24.7.365....TO KEEP THE SYSTEM WELL LIQUIFIED...
LIQUIDITY IS THE KEY...AND THE FED KNOWS IT...
THE MOONSHOT WILL CONTINUE...
DOW 18,000 BY THE END OF DECEMBER!!
NOW ISRAEL LETS THE US LIFT THE EMBARGO...!
THIS IS STARTING TO LOOK LIKE IRAQ...!
THE US TAKES IT'S MARCHING ORDERS FROM THE LIKUDNICS...AND EVERYONE KNOWS IT...
BUT WILL THE FATAH PARTY SEEM LIKE PUPPETS OF THE WEST TO MUSLIMS... PERHAPS.
THE US TAKES IT'S MARCHING ORDERS FROM THE LIKUDNICS...AND EVERYONE KNOWS IT...
BUT WILL THE FATAH PARTY SEEM LIKE PUPPETS OF THE WEST TO MUSLIMS... PERHAPS.
Saturday, June 16, 2007
THE PROBLEM WITH HILLARY...SHE CAN NOT LEAD.
THE PROBLEM WITH HILLARY...is that most people don't think of her as a "leader"....
Most people think of Hillary as the Wife of a Leader...
Furthermore she is the "wife of a leader" who was impeached for lying about a blow job in the Oval Office...
So that makes Hillary's claim to fame that she is the wife of a leader who was impeached for having an affair that almost ruined her marriage...
But if Hillary had such a hard time controlling her marriage...and her husband, the "real" leader,...how is she going to control the nation...and the nation's place in an increasingly hostile world...?
Hillary is seen as totally the product of Bill's career... TOTALLY!
And a lot of people are not ready for Bill as "first husband" and Hillary as our leader solely because she was the wife of a former leader...
The US is not an hereditary monarchy...where you occassionally "put up with" odd relatives of former leaders because the system requires it...
True, she is "qualified" on her own merits...but so are a lot of other women...Ms. Nancy for example...who didn't have to survive an embarssing impeachment about "the dress" etc...
So Hillary is not really seen as a leader... most Americans know or sense this...and that is going to be a big big problem....
As to Osama Obama...well here we have a motor mouth young black guy who smokes... This type of person is common in the inter city neighborhoods..
And, Yes, this is wonderful and all that...
But, is this really enough to win the presidency...?
Perhaps....but is there real leadership here...
Or is it really more about us than about Obama...
I think it's more about us...
More later...
Most people think of Hillary as the Wife of a Leader...
Furthermore she is the "wife of a leader" who was impeached for lying about a blow job in the Oval Office...
So that makes Hillary's claim to fame that she is the wife of a leader who was impeached for having an affair that almost ruined her marriage...
But if Hillary had such a hard time controlling her marriage...and her husband, the "real" leader,...how is she going to control the nation...and the nation's place in an increasingly hostile world...?
Hillary is seen as totally the product of Bill's career... TOTALLY!
And a lot of people are not ready for Bill as "first husband" and Hillary as our leader solely because she was the wife of a former leader...
The US is not an hereditary monarchy...where you occassionally "put up with" odd relatives of former leaders because the system requires it...
True, she is "qualified" on her own merits...but so are a lot of other women...Ms. Nancy for example...who didn't have to survive an embarssing impeachment about "the dress" etc...
So Hillary is not really seen as a leader... most Americans know or sense this...and that is going to be a big big problem....
As to Osama Obama...well here we have a motor mouth young black guy who smokes... This type of person is common in the inter city neighborhoods..
And, Yes, this is wonderful and all that...
But, is this really enough to win the presidency...?
Perhaps....but is there real leadership here...
Or is it really more about us than about Obama...
I think it's more about us...
More later...
NOW THE US BACKS THE "PUPPETS" IN FATAH...! WHERE'S THE PLANNING...?
The US encouraged starving Fatah...during the coalition with Hamas... Now that all Hell has broken loose...
The US is supporting Fatah...as a Puppet of the West and American interests... This could cause the Islamists to decend on the West Bank...to fight a new "American Puppet" in the region...
Where's the planning...! Where's the reality based thinking....? Under Bush the Moron and the incompetent Condie...the US seems to have NO ABILITY TO REMOTELY CONSIDER THE "MORNING AFTER" ON THEIR POLICY DECISIONS!
OF COURSE THIS COMES FROM LETTING THE ISRAELI WACKO ULTRA-RIGHT SET POLICY FOR WASHINGTON...!
BUT WHAT CAN YOU DO...WASHINGTON HAS BEEN ACTING LIKE THE LIKUD'S "GOLEM" IN THE MIDDLE EAST FOR TOO LONG NOW...
The US is supporting Fatah...as a Puppet of the West and American interests... This could cause the Islamists to decend on the West Bank...to fight a new "American Puppet" in the region...
Where's the planning...! Where's the reality based thinking....? Under Bush the Moron and the incompetent Condie...the US seems to have NO ABILITY TO REMOTELY CONSIDER THE "MORNING AFTER" ON THEIR POLICY DECISIONS!
OF COURSE THIS COMES FROM LETTING THE ISRAELI WACKO ULTRA-RIGHT SET POLICY FOR WASHINGTON...!
BUT WHAT CAN YOU DO...WASHINGTON HAS BEEN ACTING LIKE THE LIKUD'S "GOLEM" IN THE MIDDLE EAST FOR TOO LONG NOW...
Friday, June 15, 2007
THE CASE FOR GOLD... WEAKER DOLLAR IS INEVITABLE!
The market action this week was so odd that it really doesn't merit a comment....
Here from the link is an interesting quote on gold however... I agree with the speaker entirely...!
"Nowhere around the world are investors buying dollars as part of a buy-and-hold strategy," he said. "No bearish scenario exists for gold."
All told, "no single factor has a more winning percentage than the inverse relationship of gold to the U.S. dollar," said Peter Grandich, editor of the Grandich Letter, in a recent newsletter. "About 85% of the time, and certainly over a period of years, they move in opposite directions."
And "a currency is only as good as the country behind it," he said. "Socially, economically, politically ... America has never been in worse shape."
Here from the link is an interesting quote on gold however... I agree with the speaker entirely...!
"Nowhere around the world are investors buying dollars as part of a buy-and-hold strategy," he said. "No bearish scenario exists for gold."
All told, "no single factor has a more winning percentage than the inverse relationship of gold to the U.S. dollar," said Peter Grandich, editor of the Grandich Letter, in a recent newsletter. "About 85% of the time, and certainly over a period of years, they move in opposite directions."
And "a currency is only as good as the country behind it," he said. "Socially, economically, politically ... America has never been in worse shape."
Thursday, June 14, 2007
A NEW WAR STARTED TODAY...!
THE PALESTINIAN SITUATION IS NOW IN CRITICAL CONDITION... LIKELY ISRAEL WILL HAVE TO REINVADE GAZA AND THE WEST BANK...
THIS COULD MAKE THE LEBANON ADVENTURE LOOK LIKE A WALK IN THE PARK...!
THERE IS NOW A NEW WAR IN THE MIDDLE EAST... AS YET UNDISCUSSED IN THE MEDIA...AND WITH CONSEQUENCES AS YET UN-DESCRIBED...
THIS COULD MAKE THE LEBANON ADVENTURE LOOK LIKE A WALK IN THE PARK...!
THERE IS NOW A NEW WAR IN THE MIDDLE EAST... AS YET UNDISCUSSED IN THE MEDIA...AND WITH CONSEQUENCES AS YET UN-DESCRIBED...
BULLS SLIP ON OIL...
THIS MARKET IS BACK IN LALA LAND... BUT WHATEVER...
BY LABOR DAY YOU WON'T EVERN RECOGNIZE THE BOND MARKET....
BY LABOR DAY YOU WON'T EVERN RECOGNIZE THE BOND MARKET....
CAN THE STREET STAY HAPPY...IN THE FACE OF DOOM AND GLOOM?
Well of course...they always do... Why change now...
But the Bond Market has morphed into something different...borrowing will not be as easy...
Still a lot of liquidity is trapped inside the financial markets...and it's just sloshing back and forth...between stocks, commodities and bonds...
THIS TRAPPED LIQUDITY WILL SAVE THE MARKETS EVEN IN THE FACE OF A MAJOR DISASTER OR PULL BACK ON MAIN STREET...
THE RICH ARE SO MUCH IN CONTROL NOW....
THAT THE FINANCIAL ASSETS WORLD IS HERMETICALLY SEALLED OFF FROM THE REAL ECONOMY...!
OF COURSE THIS CAN'T LAST...
BUT IT WILL SAVE THE MARKETS FROM DISASTER THIS YEAR...PERHAPS.
STILL THE DIP DIP DIP OF UNPLEASANT NEWS WILL CONTINUE...
But the Bond Market has morphed into something different...borrowing will not be as easy...
Still a lot of liquidity is trapped inside the financial markets...and it's just sloshing back and forth...between stocks, commodities and bonds...
THIS TRAPPED LIQUDITY WILL SAVE THE MARKETS EVEN IN THE FACE OF A MAJOR DISASTER OR PULL BACK ON MAIN STREET...
THE RICH ARE SO MUCH IN CONTROL NOW....
THAT THE FINANCIAL ASSETS WORLD IS HERMETICALLY SEALLED OFF FROM THE REAL ECONOMY...!
OF COURSE THIS CAN'T LAST...
BUT IT WILL SAVE THE MARKETS FROM DISASTER THIS YEAR...PERHAPS.
STILL THE DIP DIP DIP OF UNPLEASANT NEWS WILL CONTINUE...
THE STREET IS PREMATURLY CELBRATING END OF BOND CRASH...
AS I SAID DURING THE GREAT BLOW OFF TOP THIS SPRING...THIS MARKET CAN NOT AFFORD TO GO DOWN FOR EVEN ONE DAY WITHOUT CONSEQUENCES...
WHAT'S HAPPENING NOW IS PURE MADNESS...AND ONLY A FOOL WOULD WADE INTO THIS SWAMP IN HOPES OF MAKING MONEY...
BEST TO JUST WATCH FROM THE SIDELINES... THIS IS AN INFLEXION POINT THAT COMES ONLY ONCE EVERY TEN OR TWENTY YEARS... THE COMING VOLATILITY WILL BE MIND BOOGLING...
THE ONLY LONG TERM INVESTMENT IS PROBABLY GOLD UNDER THESE CONDITIONS BECAUSE WE KNOW THAT RATES WILL INCREASE AND STOCKS WILL FALL DURING THE COMING DOLLAR DEVALUATION WHICH IS INEVITABLE...
WHAT'S HAPPENING NOW IS PURE MADNESS...AND ONLY A FOOL WOULD WADE INTO THIS SWAMP IN HOPES OF MAKING MONEY...
BEST TO JUST WATCH FROM THE SIDELINES... THIS IS AN INFLEXION POINT THAT COMES ONLY ONCE EVERY TEN OR TWENTY YEARS... THE COMING VOLATILITY WILL BE MIND BOOGLING...
THE ONLY LONG TERM INVESTMENT IS PROBABLY GOLD UNDER THESE CONDITIONS BECAUSE WE KNOW THAT RATES WILL INCREASE AND STOCKS WILL FALL DURING THE COMING DOLLAR DEVALUATION WHICH IS INEVITABLE...
NEOCONS AND LUKUDNICS GIVE ISRAEL CHAOS!
WITH FRIENDS LIKE BUSH, THE WAR CRIMINAL, ISRAEL DOESN'T NEED ENEMIES...
THE NEOCON LEGACY IN THE MIDDLE EAST WILL BE PURE CHAOS...WHICH COULD TAKE YEARS TO DEFUSE...AND THREATEN THE VERY EXISTENCE OF ISRAEL AS A VIABLE JEWISH STATE...
ISRAEL WILL BECOME AN ARMED CAMP...ATTACKED ON ALL SIDES BY ENEMIES FROM ALL OVER THE WORLD...JIHADI DISNEYLAND! TERROR TOURISM!
THE "GREAT MIDDLE EASTERN WAR" IS NOW INEVITABLE...
FRANKLY, I DON'T SEE HOW ISRAEL AND THE AMERICANS ALONE CAN WIN IT... THEY HAVE NO ALLIES; NO FRIENDS IN THE REGION...OR INCREASINGLY IN THE WORLD...
THE HORRIBLE CRIMES OF THE NEOCONS ARE ONLY NOW STARTING TO BE REALIZED...
THE NEOCON LEGACY IN THE MIDDLE EAST WILL BE PURE CHAOS...WHICH COULD TAKE YEARS TO DEFUSE...AND THREATEN THE VERY EXISTENCE OF ISRAEL AS A VIABLE JEWISH STATE...
ISRAEL WILL BECOME AN ARMED CAMP...ATTACKED ON ALL SIDES BY ENEMIES FROM ALL OVER THE WORLD...JIHADI DISNEYLAND! TERROR TOURISM!
THE "GREAT MIDDLE EASTERN WAR" IS NOW INEVITABLE...
FRANKLY, I DON'T SEE HOW ISRAEL AND THE AMERICANS ALONE CAN WIN IT... THEY HAVE NO ALLIES; NO FRIENDS IN THE REGION...OR INCREASINGLY IN THE WORLD...
THE HORRIBLE CRIMES OF THE NEOCONS ARE ONLY NOW STARTING TO BE REALIZED...
WELCOME FOREIGN TRADERS...WE'RE CONFUSED TOO!
BOOKMARK THIS PAGE... AND DON'T LEAVE HOME WITHOUT IT...
WITHOUT READING IT THAT IS...
WE STOP THE SPIN MACHINE...AND TELL THE UNTOLD STORIES... WE LOOK UNDER THE SPIN FOR THE MACRO REALITIES...THAT THE HEDGIES DON'T WANT YOU TO KNOW...
WITHOUT READING IT THAT IS...
WE STOP THE SPIN MACHINE...AND TELL THE UNTOLD STORIES... WE LOOK UNDER THE SPIN FOR THE MACRO REALITIES...THAT THE HEDGIES DON'T WANT YOU TO KNOW...
MORTAGE RATES HEADING FOR 8%....?
THAT WOULD BE ABOUT RIGHT.... YOU KNOW...TO TAKE THE SPECULATION OUT OF IT...
OIL JUICED!! MORE PAIN AT THE PUMP?
OR IS IT ALL FAKED ANYWAY...
PROBABLY IT'S ALL FAKE...
BUT $70++ OIL...COULD MEAN $4 GAS BY THE FOURTH OF JULY...
JOSE CAN YOU SEE...THE END OF REPUBLICAN LOOTING...?
PROBABLY IT'S ALL FAKE...
BUT $70++ OIL...COULD MEAN $4 GAS BY THE FOURTH OF JULY...
JOSE CAN YOU SEE...THE END OF REPUBLICAN LOOTING...?
DOW FROZEN BY MARKET MASTERS AND STOCK CARTELS...!
BE HAPPY YOU FOOL... THAT'S WHAT THEY ARE SUPPOSED TO DO... IT'S ALL "TECHNICAL" DONT' YOU KNOW...?
RECORD HOME FORECLOSURES...!
BUT DONT WORRY BE HAPPY...
THE MARKET MASTERS ON WALL STREET WILL TELL YOU WHEN TO PANIC...
HONEST...THEY WILL... ONLY NOT TILL AFTER THEY ARE OUT OF THE MARKET...!
THE MARKET MASTERS ON WALL STREET WILL TELL YOU WHEN TO PANIC...
HONEST...THEY WILL... ONLY NOT TILL AFTER THEY ARE OUT OF THE MARKET...!
OIL AND GOLD UP ON INFLATION NEWS...
But shhhhh....Wall Street is in rally mode... But alas, bonds aren't
The street is in church today...Goldman is reporting...
The street is in church today...Goldman is reporting...
BONDS UP ON INFLATION DATA...
MEANWHILE, THE NATIVES OF WALL STREET ARE ON THEIR KNEES WORSHIPING BEFORE THE ALTAR OF GOLDMAN SACHS THIS MORNING....
TOTALLY UNAWARE OF THE TROUBLE THAT IS COMING THEIR WAY...
WELL OF COURSE THERE'S ALWAYS THE TRADING THAT HAPPENS...."AFTER LUNCH...."
TOTALLY UNAWARE OF THE TROUBLE THAT IS COMING THEIR WAY...
WELL OF COURSE THERE'S ALWAYS THE TRADING THAT HAPPENS...."AFTER LUNCH...."
SUMMER OF OUR DISCONTENT....?
THIS LINK SAYS DON'T WORRY BE HAPPY AT LEAST UNTIL LABOR DAY...
I DON'T THINK SO... THIS IS A MARKET OF PROFESSIONALS NOW....MOM AND POP ARE NOT CHASING STOCKS SO THE POLITICS OF HAPPY FACE DOENS'T APPLY AS MUCH...
EVENTS IN IRAQ AND IN CHINA COULD OVERSHADOW ANY SUMMER BEACH PARTY FOR THOSE WHO HAVE A HOUSE IN THE HAMPTONS...
I DON'T THINK SO... THIS IS A MARKET OF PROFESSIONALS NOW....MOM AND POP ARE NOT CHASING STOCKS SO THE POLITICS OF HAPPY FACE DOENS'T APPLY AS MUCH...
EVENTS IN IRAQ AND IN CHINA COULD OVERSHADOW ANY SUMMER BEACH PARTY FOR THOSE WHO HAVE A HOUSE IN THE HAMPTONS...
HEDGE FUNDS FEELING THE PAIN...OR IS A MELTDOWN COMING?
ALWAYS BLAME THE SUB-PRIMES...!
THE RECENT UNPLEASANTNESS IN THE BOND MARKET COULD BE CAUSING SOME PAIN FOR THE HEDGE FUND CROWD...
SO AMID THE HAPPY TALK TODAY...WHERE ARE SOME SIGNS OF TROUBLE AHEAD...
BUT WHO WOULD TEMPT FATE BY INVESTING IN BLOATED ASSET VALUES WHEN RATES ARE SO OBVIOUSLY ON AN UP TREND...
EVEN THE LOWLY DOLLAR IS RALLYING A BIT...AS INVESTORS SHED PAPER ASSETS FOR PAPER MONEY...AWAITING THE NEXT BUMP UP IN BOND YIELDS...
A 6% BOND IS INEVITABLE...IT'S JUST THE HISTORIC NORM...BEFORE THE BUBBLE DAZE OF GREENSPAN AND BERNANKE DISTORTED REALITY SO BADLY...
WE ARE REVERTING BACK.... HISTORY IS REPEATING ITSELF... A PAGE OF MARKET HISTORY IS WORTH TEN SUBSCRIPTIONS TO HOT SHOT NEWSLETTERS...
THE RECENT UNPLEASANTNESS IN THE BOND MARKET COULD BE CAUSING SOME PAIN FOR THE HEDGE FUND CROWD...
SO AMID THE HAPPY TALK TODAY...WHERE ARE SOME SIGNS OF TROUBLE AHEAD...
BUT WHO WOULD TEMPT FATE BY INVESTING IN BLOATED ASSET VALUES WHEN RATES ARE SO OBVIOUSLY ON AN UP TREND...
EVEN THE LOWLY DOLLAR IS RALLYING A BIT...AS INVESTORS SHED PAPER ASSETS FOR PAPER MONEY...AWAITING THE NEXT BUMP UP IN BOND YIELDS...
A 6% BOND IS INEVITABLE...IT'S JUST THE HISTORIC NORM...BEFORE THE BUBBLE DAZE OF GREENSPAN AND BERNANKE DISTORTED REALITY SO BADLY...
WE ARE REVERTING BACK.... HISTORY IS REPEATING ITSELF... A PAGE OF MARKET HISTORY IS WORTH TEN SUBSCRIPTIONS TO HOT SHOT NEWSLETTERS...
TODAY'S GOLDMAN-SACHS RALLY...IS A GOOD TIME TO DUMP STOCKS!
TODAY IS A HOLY DAY OF OBLIGATION ON WALL STREET....GOLDMAN SACHS IS REPORTING...AND THE MARKET SIMPLY MUST RALLY WILDLY...
BUT REMEMBER, THERE WILL BE MANY DAYS COMING SOON WHEN GOLDMAN SACHS WILL ....NOT!....BE REPORTING....
AND THE RECENT UNPLEASANTNESS WITH MASSIVE INFLATION, SOARING BOND YEILDS AND CHINA DUMPING BONDS WILL BE BACK IN THE HEADLINES...
BUT FOR TODAY...THE STREET HAS IT'S HEADLINE...BUY THE DIA AT THE OPEN AND SELL IT AT THE CLOSE....!
THE STREET IS PRINTING MONEY AGAIN!!
BUT REMEMBER, THERE WILL BE MANY DAYS COMING SOON WHEN GOLDMAN SACHS WILL ....NOT!....BE REPORTING....
AND THE RECENT UNPLEASANTNESS WITH MASSIVE INFLATION, SOARING BOND YEILDS AND CHINA DUMPING BONDS WILL BE BACK IN THE HEADLINES...
BUT FOR TODAY...THE STREET HAS IT'S HEADLINE...BUY THE DIA AT THE OPEN AND SELL IT AT THE CLOSE....!
THE STREET IS PRINTING MONEY AGAIN!!
ALL HAIL THE LOOTERS OF AMERICA!!
Oh God...is it time for Goldman Sachs to report again...
Another rally based on the big investment banks and international capital looting the US economy...literally to the bone!
ALL HAIL THE LOOTERS OF AMERICA!
....RALLY ON! ...AT LEAST FOR TODAY...
TRADITION MUST BE FOLLOWED AND THE TRADTION IS THAT WHEN AN INVESTMENT BANK "REPORTS" THE STREET RALLIES...
IGNORE THE HIGHLY INFLATIONARY PPI...AT LEAST FOR TODAY...
Another rally based on the big investment banks and international capital looting the US economy...literally to the bone!
ALL HAIL THE LOOTERS OF AMERICA!
....RALLY ON! ...AT LEAST FOR TODAY...
TRADITION MUST BE FOLLOWED AND THE TRADTION IS THAT WHEN AN INVESTMENT BANK "REPORTS" THE STREET RALLIES...
IGNORE THE HIGHLY INFLATIONARY PPI...AT LEAST FOR TODAY...
PRIVATE EQUITY = CONGLOMERATES
THIS LINK PICKS UP ON THE CONGLOMERATE REDUX ANGLE THAT I'VE MENTIONED HERE... NICE TO SEE THE MSM CATCHING ON...ALBEIT SLOWLY...
Wednesday, June 13, 2007
RADICALS RULE THE MIDDLE EAST...!
FROM GAZA TO BAGHDAD ISLAMIC RADICALS NOW RULE THE MIDDLE EAST...
CLEARLY HAMAS IS WINNING THE PALESTINIAN BATTLE...
THE NEOCONS ARE TO BLAME FOR THIS MESS...
BUT THEN THE NEOCONS DID SUCH A GREAT JOB OF DIVIDING THE AMERICAN ELECTORATE INTO RED STATES AND BLUE STATES...
DIVIDE AND CONQUER IS THE MANTRA OF THE CONSERVTIVES AND THE NEOCONS...
THEY HAVE ACHIEVED THE DIVISION PART ....
BUT, THE CONQUER ASPECT SEEMS TO HAVE ELUDED THEM BOTH IN THE MIDDLE EAST AND IN THE US...
CLEARLY HAMAS IS WINNING THE PALESTINIAN BATTLE...
THE NEOCONS ARE TO BLAME FOR THIS MESS...
BUT THEN THE NEOCONS DID SUCH A GREAT JOB OF DIVIDING THE AMERICAN ELECTORATE INTO RED STATES AND BLUE STATES...
DIVIDE AND CONQUER IS THE MANTRA OF THE CONSERVTIVES AND THE NEOCONS...
THEY HAVE ACHIEVED THE DIVISION PART ....
BUT, THE CONQUER ASPECT SEEMS TO HAVE ELUDED THEM BOTH IN THE MIDDLE EAST AND IN THE US...
IS THE RALLY OVER...
CALL IT A RALLY...OR A MARKET SPASM...
TODAY LOOKED MORE LIKE SHORT COVERING THAN A BULL MARKET...
CLEARLY TOWARD THE END OF THE BIZZARO RUN UP THIS SPRING, A/K/A THE "BERNANKE BLOW OFF TOP,"
...SOMEONE WAS GOING SHORT....
AND SOME OF THOSE PEOPLE MAY HAVE COVERED TODAY...
THE YADA YADA ABOUT THE BEIGE BOOK WAS LAME...AND THE INFLATIONARY IMPLICATIONS WERE LOST ON BONDS WHICH ROSE DESPITE INFLATIONARY NUMBERS...
LIKELY THE RECENT BOND SPASM WAS CAUSED BY THE BANK OF CHINA...OF COURSE WE ARE NOT ALLOWED TO KNOW....
STRANGE AND IRRATIONAL MARKET PATTERNS ARE NOTHING NEW...AND TODAY'S ACTION WAS CERTAINLY IN THE STRANGE AND IRRATIONAL CATAGORY...
BY TOMORROW MOST ON WALL STREET WILL REALIZE THAT THE BEIGE BOOK WAS REALLY PROOF THE FED IS NOT LOWING RATES ANYTIME SOON...
THIS STOCK RALLY IS OVER...
TODAY LOOKED MORE LIKE SHORT COVERING THAN A BULL MARKET...
CLEARLY TOWARD THE END OF THE BIZZARO RUN UP THIS SPRING, A/K/A THE "BERNANKE BLOW OFF TOP,"
...SOMEONE WAS GOING SHORT....
AND SOME OF THOSE PEOPLE MAY HAVE COVERED TODAY...
THE YADA YADA ABOUT THE BEIGE BOOK WAS LAME...AND THE INFLATIONARY IMPLICATIONS WERE LOST ON BONDS WHICH ROSE DESPITE INFLATIONARY NUMBERS...
LIKELY THE RECENT BOND SPASM WAS CAUSED BY THE BANK OF CHINA...OF COURSE WE ARE NOT ALLOWED TO KNOW....
STRANGE AND IRRATIONAL MARKET PATTERNS ARE NOTHING NEW...AND TODAY'S ACTION WAS CERTAINLY IN THE STRANGE AND IRRATIONAL CATAGORY...
BY TOMORROW MOST ON WALL STREET WILL REALIZE THAT THE BEIGE BOOK WAS REALLY PROOF THE FED IS NOT LOWING RATES ANYTIME SOON...
THIS STOCK RALLY IS OVER...
AMERICAN PLUTOCRATS TRY TO PRESERVE THEIR "SPECIAL CURRENCY."
THE ELITES ARE NOT GOING TO GIVE UP THEIR "SPECIAL CURRENCY"....TO-WIT: STOCKS...WITHOUT A FIGHT....
THESE ARE GOOD RALLYS TO SELL INTO....
BECAUSE BY THE END OF THE SUMMER THIS MESS IN WASHINGTON AND ON WALL STREET IS GOING TO BE RUNNIN ON FUMES....
THESE ARE GOOD RALLYS TO SELL INTO....
BECAUSE BY THE END OF THE SUMMER THIS MESS IN WASHINGTON AND ON WALL STREET IS GOING TO BE RUNNIN ON FUMES....
OUR HAPPY HAPPY BEIGE BOOK!
EVERYTHING IS WONDERFUL AND WE ARE IN THE BEST OF ALL POSSIBLE WORLDS...!
(PROBABLY BECAUSE OF WALL STREET AND THE REPUBLICANS...)
ANY QUESTIONS...?
I DIDN'T THINK SO...
REMEMBER, THINGS ARE ALWAYS...... "FABULOUS"...... AND IT'S ALWAYS A GOOD TIME TO BUY STOCK ON WALL STREET...
JUST ASK ANY BROKER! HONEST! I ASKED ONE ONCE...!
BUT ISN'T THAT A BIT LIKE LETTING THE LUNATICS DECIDE HOW TO RUN THE ASYLUM...?
(PROBABLY BECAUSE OF WALL STREET AND THE REPUBLICANS...)
ANY QUESTIONS...?
I DIDN'T THINK SO...
REMEMBER, THINGS ARE ALWAYS...... "FABULOUS"...... AND IT'S ALWAYS A GOOD TIME TO BUY STOCK ON WALL STREET...
JUST ASK ANY BROKER! HONEST! I ASKED ONE ONCE...!
BUT ISN'T THAT A BIT LIKE LETTING THE LUNATICS DECIDE HOW TO RUN THE ASYLUM...?
A BEIGE BOOK RALLY...? OH...PLEASE...!
The markets are becoming increasingly unstable and volatile...
This so called Beige Book Rally is just a little nuts...no one reads the Beige Book...or cares what it says...
Note that the volume was light today indicating to me that someone was covering short positions in thin trading...
It is possible that when the Chinese dumped bonds last week...that it took a while for the market to digest this and that caused the spike in interest rates...
But whatever...
I SAY: SELL THE BLIP...! YOU NEVER KNOW WHAT'S COMING NEXT....BUT IT FOR SURE AIN'T ANOTHER SPRING RALLY 'BOUT NUTTIN....
WALL STREET IS BECOMING MORE "DISEASED" EVERY MONTH....NOW THE BEIGE BOOK IS GOOD FOR A 200 POINT RALLY....THAT AND A LITTLE SHORT COVERING BY THE SMART MONEY...
This so called Beige Book Rally is just a little nuts...no one reads the Beige Book...or cares what it says...
Note that the volume was light today indicating to me that someone was covering short positions in thin trading...
It is possible that when the Chinese dumped bonds last week...that it took a while for the market to digest this and that caused the spike in interest rates...
But whatever...
I SAY: SELL THE BLIP...! YOU NEVER KNOW WHAT'S COMING NEXT....BUT IT FOR SURE AIN'T ANOTHER SPRING RALLY 'BOUT NUTTIN....
WALL STREET IS BECOMING MORE "DISEASED" EVERY MONTH....NOW THE BEIGE BOOK IS GOOD FOR A 200 POINT RALLY....THAT AND A LITTLE SHORT COVERING BY THE SMART MONEY...
THE DAYS OF THE PLUTOCRACY ARE NUMBERED...
A MASSIVE CRASH LOOMS... ALL THE STARS ARE LINED UP... IT'S NOT IF, BUT WHEN, THE MARKETS TAKE A HUGE PLUNGE....
MY GUESS IS THAT DOW 10,000 WILL SEEM LIKE A DREAM IN A COUPLE OF YEARS...
YES, I KNOW ABOUT THE DEVALUED DOLLAR...AND THAT WILL ONLY MAKE THE REALITY WORSE...
THE US NEEDS TO BE RUN "AS IS" IT WERE A REAL ECONOMY AGAIN...NOT A BUBBLE FOR THE RICH....
UNIVERSAL HEALTH CARE, AS EVERYONE ELSE HAS HAD FOR DECADES...IS KEY.
HIGHER TAXES ON THE RICH, WHO BENEFIT MOST FROM THE CORRUPTION IN GOVERNMENT...AND FROM THE POLICIES OF THE CENTRAL BANKS...ARE ESSENTIAL. I SAY TAX THE RICH UNTIL THEIR EYES CROSS!
AND WE NEED MORE OF A REALIZATION THAT ALL ECONOMIES ARE LOCAL...
AND THAT CHEAP LABOR IS NOT A SUSTAINABLE PILLAR ON WHICH TO BASE A REAL CONSUMER/CAPITALIST ECONOMY...
THE DAYS OF THE PLUTOCRACY AND THE OLIGARCHS IS OVER....
THE REAGANOMICS OF THE LAST 20 YEARS IS FINALLY ENDING...
OUR LONG NIGHTMARE OF SUFFERING UNDER REPUBLICAN GREEDMONGERS AND HATERS IS FINALLY COMING TO AN END...
THE GREEDMONGERS AND THEIR HATEFUL STOOGES ARE VANQUISHED AT LAST!
MY GUESS IS THAT DOW 10,000 WILL SEEM LIKE A DREAM IN A COUPLE OF YEARS...
YES, I KNOW ABOUT THE DEVALUED DOLLAR...AND THAT WILL ONLY MAKE THE REALITY WORSE...
THE US NEEDS TO BE RUN "AS IS" IT WERE A REAL ECONOMY AGAIN...NOT A BUBBLE FOR THE RICH....
UNIVERSAL HEALTH CARE, AS EVERYONE ELSE HAS HAD FOR DECADES...IS KEY.
HIGHER TAXES ON THE RICH, WHO BENEFIT MOST FROM THE CORRUPTION IN GOVERNMENT...AND FROM THE POLICIES OF THE CENTRAL BANKS...ARE ESSENTIAL. I SAY TAX THE RICH UNTIL THEIR EYES CROSS!
AND WE NEED MORE OF A REALIZATION THAT ALL ECONOMIES ARE LOCAL...
AND THAT CHEAP LABOR IS NOT A SUSTAINABLE PILLAR ON WHICH TO BASE A REAL CONSUMER/CAPITALIST ECONOMY...
THE DAYS OF THE PLUTOCRACY AND THE OLIGARCHS IS OVER....
THE REAGANOMICS OF THE LAST 20 YEARS IS FINALLY ENDING...
OUR LONG NIGHTMARE OF SUFFERING UNDER REPUBLICAN GREEDMONGERS AND HATERS IS FINALLY COMING TO AN END...
THE GREEDMONGERS AND THEIR HATEFUL STOOGES ARE VANQUISHED AT LAST!
GREENSPAN KEEPS TALKING AND TALKING AND ...
WOULD THAT HE WERE THIS TALKATIVE WHEN HE RAN THE BUBBLE MACHINE AT THE FED...!
MARKET MASTERS FORCE MARKETS TO "FREEZE" HIGHER...FOR ONLY A FEW MORE MINUTES!!
WELL GOOD LUCK BECAUSE 4PM IS A LONG WAY OFF...AND THE PROGRAM TRADES ALWAYS HIT IN THE LAST HALF HOUR...!
Tuesday, June 12, 2007
AMERICANS ARE READY TO DO JOBS THAT AMERICANS WON'T DO...
THE AMERICAN PLUTOCRATS ARE SETTING UP A NEW INDENTURED CLASS OF WORKERS WITH THESE MEXICAN ILLEGALS...
BECAUSE DOES ANYONE BELIEVE THAT EMPLOYERS CAN'T "CARD" A WORKER TO SEE IF HE'S LEGAL...
WHEN THAT SAME WORKER...IF UNDER 21...IS SUCCESSFULLY "CARDED" AT THE LIQUOR STORE...BEFORE BUYING BOOZE...WITH HIS DAILY UNDER THE TABLE CASH WAGES!
IF WE CAN'T "TELL" IF WORKER IS LEGAL....
HOW IN HELL CAN WE TELL IF HE IS A TERRORIST?
LEGALITY IS A DOCUMENTED FACT...IT'S ON A COMPUTER SOMEWHERE
BUT TERRORIST TENDENCIES ARE A STATE OF MIND!
WE CAN'T EVEN DO THE NUMBERS...THE SOCIAL SECURITY NUMBERS THAT IS...!
SO HOW THEN DO WE STOP TERRORISTS...?
AND...CONSIDER THIS NIGHTMARE SCENARIO...
WHAT IF OSAMA STARTS TO HIRE ILLEGAL MEXICANS TO BE HIS "MULES"....JUST LIKE THE DRUG DEALERS DO...
SCARY...! REALLY SCARY...!
OR DO YOU BELIEVE THAT OSAMA IS GOING TO SUPPLY HIS BOYS IN THE US...USING KORAN CARRYING RAG HEADS AT OUR BORDER CROSSINGS...!
IF YOU CAN'T STOP A CHICKEN PLUCKER AT THE MEXICAN BORDER...HOW DO YOU STOP A TERRORIST?
WE'RE DOOMED AND I BLAME DUBYA AND THE REPUBLICANS FOR ALL OF IT!!
BECAUSE DOES ANYONE BELIEVE THAT EMPLOYERS CAN'T "CARD" A WORKER TO SEE IF HE'S LEGAL...
WHEN THAT SAME WORKER...IF UNDER 21...IS SUCCESSFULLY "CARDED" AT THE LIQUOR STORE...BEFORE BUYING BOOZE...WITH HIS DAILY UNDER THE TABLE CASH WAGES!
IF WE CAN'T "TELL" IF WORKER IS LEGAL....
HOW IN HELL CAN WE TELL IF HE IS A TERRORIST?
LEGALITY IS A DOCUMENTED FACT...IT'S ON A COMPUTER SOMEWHERE
BUT TERRORIST TENDENCIES ARE A STATE OF MIND!
WE CAN'T EVEN DO THE NUMBERS...THE SOCIAL SECURITY NUMBERS THAT IS...!
SO HOW THEN DO WE STOP TERRORISTS...?
AND...CONSIDER THIS NIGHTMARE SCENARIO...
WHAT IF OSAMA STARTS TO HIRE ILLEGAL MEXICANS TO BE HIS "MULES"....JUST LIKE THE DRUG DEALERS DO...
SCARY...! REALLY SCARY...!
OR DO YOU BELIEVE THAT OSAMA IS GOING TO SUPPLY HIS BOYS IN THE US...USING KORAN CARRYING RAG HEADS AT OUR BORDER CROSSINGS...!
IF YOU CAN'T STOP A CHICKEN PLUCKER AT THE MEXICAN BORDER...HOW DO YOU STOP A TERRORIST?
WE'RE DOOMED AND I BLAME DUBYA AND THE REPUBLICANS FOR ALL OF IT!!
IS GREENSPAN EVIL...?
THE BOND PLUNGE IS BEING BLAMED ON THE G-MAN...
GREENSPAN SEEMS TO BE A NEGATIVE UNSEEN PRESENCE IN POLICY CIRCLES THESE DAYS.
BUT WHO'SE WATER IS HE CARRYING THESE DAYS...? ENQUIRING MINDS WANT TO KNOW...
GREENSPAN SEEMS TO BE A NEGATIVE UNSEEN PRESENCE IN POLICY CIRCLES THESE DAYS.
BUT WHO'SE WATER IS HE CARRYING THESE DAYS...? ENQUIRING MINDS WANT TO KNOW...
BOND MARKET DISASTER!
BONDS
PLUNGE!
AND NO...THIS DOES NOT FEEL NORMAL... THIS FEELS SCARY... 1970's KIND OF SCARY!
PLUNGE!
AND NO...THIS DOES NOT FEEL NORMAL... THIS FEELS SCARY... 1970's KIND OF SCARY!
WHEELS COMING OFF IN AFGHANISTAN
EVEN THE CIA's "CENTRAL CASTING" TOP PICK...MR. KARZAI, CAN'T STOP WHAT COMES NEXT IN AFGHANISTAN....
THERE'S MORE TO SETTING UP A PUPPET GOVERNMENT THAN DRESSING THE PUPPET TO LOOK REAL...
THE AFHGAN PUBLIC HAS TO THINK IT IS REAL...!
KARZAI LOOKS LIKE SOME WASHINGTON/HOLLYWOOD VERSION OF THE GREEN HORNET...
IN THE COMING "MADE FOR TV MOVIE" KARZAI CAN JUST PLAY HIMSELF!
RIGHT NOW ANY AFHGAN WHO WORKS FOR THE GOVERNMENT IN KABUL...MUST BE HOPING FOR AN EXIT VISA AND US ASYLUM...(MORE CHEAP ALIEN LABOR!) AFTER BUSH IS OUT OF OFFICE...AND HIS VARIOUS "WARS" ARE OVER...!
THERE'S MORE TO SETTING UP A PUPPET GOVERNMENT THAN DRESSING THE PUPPET TO LOOK REAL...
THE AFHGAN PUBLIC HAS TO THINK IT IS REAL...!
KARZAI LOOKS LIKE SOME WASHINGTON/HOLLYWOOD VERSION OF THE GREEN HORNET...
IN THE COMING "MADE FOR TV MOVIE" KARZAI CAN JUST PLAY HIMSELF!
RIGHT NOW ANY AFHGAN WHO WORKS FOR THE GOVERNMENT IN KABUL...MUST BE HOPING FOR AN EXIT VISA AND US ASYLUM...(MORE CHEAP ALIEN LABOR!) AFTER BUSH IS OUT OF OFFICE...AND HIS VARIOUS "WARS" ARE OVER...!
MARKET WILL BE A WASH...AS RETAIL SUCKERS TAKE THEIR BATHS!
THE MARKET CAN SPEND THE REST OF THIS YEAR...GIVING BACK IT'S ABSURDIST RUN-UP OF THE WINTER AND SPRING...!
MY HUNCH IS THAT THE DOW WILL END AS A WASH FOR THE WHOLE YEAR...JUST THE WAY WALL STREET AND THE FED LIKE IT....
PLENTY OF COMMISSIONS FROM THE RETAIL SUCKERS AND 401k STOOGES...
AND NO "ASSET INFLATION" TO WORRY ABOUT LONGER TERM...
LIFE IS GOOD...IF YOU LIVE ON WALL STREET...
IF YOU LIVE ON MAIN STREET...? YOU'RE SCREWED...
MY HUNCH IS THAT THE DOW WILL END AS A WASH FOR THE WHOLE YEAR...JUST THE WAY WALL STREET AND THE FED LIKE IT....
PLENTY OF COMMISSIONS FROM THE RETAIL SUCKERS AND 401k STOOGES...
AND NO "ASSET INFLATION" TO WORRY ABOUT LONGER TERM...
LIFE IS GOOD...IF YOU LIVE ON WALL STREET...
IF YOU LIVE ON MAIN STREET...? YOU'RE SCREWED...
GOLD PLUNGES ON INFLATION FEARS...
THERE ARE SO MANY PEOPLE TRADING THE SAME PROGRAM THESE DAYS...THAT THE SYSTEM IS TOP HEAVY WITH ANOMALIES...!
AND THAT IS GOING TO CAUSE THE "BIG ONE" SOONER OR LATER...
AND THAT IS GOING TO CAUSE THE "BIG ONE" SOONER OR LATER...
SUB-PRIME COLLAPSE LOOMS...
ALL LEVERAGE COULD BE AT RISK... WHEN ARE THE MARGIN CALLS GOING TO BE IN THE NEWS...?
MARKET MASTERS AND SPECULATORS FIGHTING HARD TO SAVE THE BUBBLE!!
UNLESS THE DOLLAR CONTINUES TO FALL...THERE WILL BE NO "SAVING" THE DOW... IN OTHER WORDS...THE DOW CAN RISE NICELY...BUT WE HAVE TO PRICE IT IN THE OLD ITALIAN LIRA..WHERE EVERYONES A MILLIONAIRE!
THE BUBBLES ARE GOOD THEORY...? BULLSHIT ABOUNDS
THE FACTS ARE THAT THE US ECONOMY IS SERIOUSLY IN NEED OF A LONG PERIOD OF PROGRESSIVE POLITICS...AND REDISTRIBUTION...AS HAPPEN IN THE ROOSEVELT/WILSON YEARS OF 1901-1914....
AND AGAIN 1932 TO 1982...
OUR LONG NIGHTMARE OF CONSERVATIVE "GREED IS GOOD" IS COMING TO AN END...AND NOT A MINUTE TOO SOON...
AND AGAIN 1932 TO 1982...
OUR LONG NIGHTMARE OF CONSERVATIVE "GREED IS GOOD" IS COMING TO AN END...AND NOT A MINUTE TOO SOON...
RETURN TO NORMALCY ON BOND RATES...?
THE VERY NOTION THAT A 10 YEAR BOND SHOULD PAY LESS THAN 6.5% GIVEN THE BUBBLE LOVING NATURE OF THE FED...IS JUST NUTS.
HISTORIANS WILL NOT ASK: WHY DID THIS BUBBLE CRASH...BUT RATHER WHY DID IT HAPPEN AT ALL...
MY HUNCH IS THAT INTERNATIONAL CAPITAL WAS BEHIND IT...REMEMBER, IF THE DOLLAR FALLS...ALL THE "GAINS" ARE REALLY ILLUSIONS...
AND OF COURSE THE DOLLAR MUST FALL...UNLESS YOU CAN PROVE THAT THE LAWS OF MACROECONOMICS HAVE BEEN CANCELLED...
HISTORIANS WILL NOT ASK: WHY DID THIS BUBBLE CRASH...BUT RATHER WHY DID IT HAPPEN AT ALL...
MY HUNCH IS THAT INTERNATIONAL CAPITAL WAS BEHIND IT...REMEMBER, IF THE DOLLAR FALLS...ALL THE "GAINS" ARE REALLY ILLUSIONS...
AND OF COURSE THE DOLLAR MUST FALL...UNLESS YOU CAN PROVE THAT THE LAWS OF MACROECONOMICS HAVE BEEN CANCELLED...
Sunday, June 10, 2007
PAIR A DIMES SHIFTING...?
ANYONE WHO IGNORES THE WARNING SIGNS COULD END UP WITH ONLY A PAIR A DIMES...AFTER THE MARKET PLUNGE THAT SEEMS INEVITABLE...
NO JOY ON THE STREET...
BUT AFTER THE INSANE RUN UP OF THE LAST FEW MONTHS...
THERE IS A LONG LONG WAY DOWN... ESPECIALLY SINCE THE RUN UP WAS BASED ON SOME BIZZARO NOTION THAT THE FED WAS SOMEHOW...ABLE TO LOWER RATES...FOR THE SPECULATING CLASSES...
EVEN AS THE DOLLAR PLUNGED AND OIL SOARED...
THE LIQUIDITY PARTY IS OVER....GET USED TO IT... IT'S GOING TO BE BACK TO REALITY ON WALL STREET FOR THE DURATION OF THE BUSH PRESIDENCY...
THEN MORE BAD NEWS AFTER THE DEMOCRATS TAKE OVER...
BUT AMAZINGLY I THINK THE DEMOCRATS WILL BE 'BETTER FOR BUSINESS' THAN THE REPUBLICAN LOOTERS AND PLUTOCRATS ARE AT PRESENT...
IF YOU REALLY DON'T KNOW WHY...?
STAY TUNED...
THERE IS A LONG LONG WAY DOWN... ESPECIALLY SINCE THE RUN UP WAS BASED ON SOME BIZZARO NOTION THAT THE FED WAS SOMEHOW...ABLE TO LOWER RATES...FOR THE SPECULATING CLASSES...
EVEN AS THE DOLLAR PLUNGED AND OIL SOARED...
THE LIQUIDITY PARTY IS OVER....GET USED TO IT... IT'S GOING TO BE BACK TO REALITY ON WALL STREET FOR THE DURATION OF THE BUSH PRESIDENCY...
THEN MORE BAD NEWS AFTER THE DEMOCRATS TAKE OVER...
BUT AMAZINGLY I THINK THE DEMOCRATS WILL BE 'BETTER FOR BUSINESS' THAN THE REPUBLICAN LOOTERS AND PLUTOCRATS ARE AT PRESENT...
IF YOU REALLY DON'T KNOW WHY...?
STAY TUNED...
DOWD BASHES ROMNEY...
Could Romney actually be the Republicans offering in the 2008 election...after all someone has to do it...
But Romney has a lot of negatives going in... Mormonism...Captain Underpants and all that.
Besides a lot of people see Romney as a flip flopper...a "suit," a Ken Doll...or just not a heavy weight in the brains department... Still Romeny does have one thing going for him...
He is not any of the other candidates...Rudy...? Oh Please...no way.
Mc Cain...tired out before the game even gets started...
Thompson...the actor...absolutely not...this guy has no depth in the important areas that will confront the next president...and without that all is lost...
But Romney has a lot of negatives going in... Mormonism...Captain Underpants and all that.
Besides a lot of people see Romney as a flip flopper...a "suit," a Ken Doll...or just not a heavy weight in the brains department... Still Romeny does have one thing going for him...
He is not any of the other candidates...Rudy...? Oh Please...no way.
Mc Cain...tired out before the game even gets started...
Thompson...the actor...absolutely not...this guy has no depth in the important areas that will confront the next president...and without that all is lost...
Saturday, June 9, 2007
CLINTON WANTS MORE FACTORIES IN THE US...
NOW EXACTLY HOW DO WE "BRING THEM BACK" FROM CHINA...?
THAT'S THE REAL QUESTION... NO NATION ON EARTH HAS EVER DE-INDUSTIRALIZED ITSELF LIKE THE US HAS...AND THEN... REVERTED TO IT'S OLD INDUSTRIAL BASE...
BUT INTERESTINGLY, PERIODS OF "GLOBALISM" DO TEND TO CREATE TEMPORARY DISTORTIONS...
THE GLASS AND POTTERY TRADE WAS GOING TO ASIA IN THE 20'S AND 30'S ...BEFORE WWII...BUT CAME BACK TO PLACES LIKE OHIO...DURING THE WAR...
WAR HAS ALWAYS BEEN THE ULTIMATE TARIFF...
BUT OHIO WAS NEVER TOTALLY WITHOUT IT'S GLASS AND CLAY INDUSTRIES...THEY WERE MERELY PRESSED BY THE GLOBALISM OF THE 1920'S...THEY WERE NOT EXTINCT... AS IS THE CASE WITH MUCH US MANUFACTURING TODAY...
THAT'S THE REAL QUESTION... NO NATION ON EARTH HAS EVER DE-INDUSTIRALIZED ITSELF LIKE THE US HAS...AND THEN... REVERTED TO IT'S OLD INDUSTRIAL BASE...
BUT INTERESTINGLY, PERIODS OF "GLOBALISM" DO TEND TO CREATE TEMPORARY DISTORTIONS...
THE GLASS AND POTTERY TRADE WAS GOING TO ASIA IN THE 20'S AND 30'S ...BEFORE WWII...BUT CAME BACK TO PLACES LIKE OHIO...DURING THE WAR...
WAR HAS ALWAYS BEEN THE ULTIMATE TARIFF...
BUT OHIO WAS NEVER TOTALLY WITHOUT IT'S GLASS AND CLAY INDUSTRIES...THEY WERE MERELY PRESSED BY THE GLOBALISM OF THE 1920'S...THEY WERE NOT EXTINCT... AS IS THE CASE WITH MUCH US MANUFACTURING TODAY...
SOLVE PROBLEM FOR X: A STRONG DOLLAR AND AGAINST CHEAP LABOR...
AND WE CAN ALL GO HOME...
THE PROBLEM WITH ECONOMICS IS IT'S LIKE PUTTING A TWIN SIZED SHEET ON A KING SIZED BED... THERE IS ALWAYS SOMETHING LEFT OUT...
LATELY THE FED AS BEEN "SOLVING" OUR ECONOMIC SITUAITON "AS IF" ONLY WALL STREET MATTERED...
SO WE HAVE THE NEW "LOW WAGES PARADIGM"...."HIGH TRADE IMBALANCES"... AND LOTS OF LIQUIDITY FOR THE SPECULATORS...!
HOW BIG OF A GENIUS DO YOU HAVE TO BE TO SEE THAT THAT ISN'T A REAL ANSWER TO THE PROLEM...?!
ECONOMICS IS ESSENTIALLY A : "SOLVE FOR X" SITUATION...YOU REMEMBER FROM FIFTH FORM ALGEBRA RIGHT...?
WE HAVE TO SOLVE OUR PROBLEMS.... "AS IF" ...LOW WAGES WERE NOT THE NEW GLOBAL PARADIGM...
AND "AS IF" TRADE IMBALANCES DO MATTER...
AND "AS IF" THE DOLLAR ...IS NOT A DEVINELY INSPIRED CURRENCY THAT CAN NEVER GO DOWN... AS J.M. KEYNES ODDLY THOUGHT...!
ALL RESERVE CURRENCIES FAIL SOONER OF LATER...THE TEMPATION OF THE BLESSED ELITE TO OVER PRINT IS JUST TOO GREAT...
ALAS, CARVE THAT IN STONE AND PUT IT ABOVE THE DOORWAYS OF THE GRADUATE SCHOOLS... OR JUST EMBROIDER IT ON A SAMPLER AND HANG IT ON THE WALL!!
EVERYTHING WILL "SEEM MYSTERIOUS" UNTIL...WE START "SOLVING" FOR THE RIGHT "X"... OR PUT ANOTHER WAY...YOU'LL NEVER GET THE RIGHT ANSWERS UNTIL YOU LEARN TO ASK THE RIGHT QUESTIONS...!!
INDEED...I'D RATHER KNOW THE QUESTION THAN THE ANSWER ANYDAY...
IF YOU REALLY UNDERSTAND THE QUESTION...TRUST ME...THE ANSWERS WILL TAKE CARE OF THEMSELVES...
THE PROBLEM WITH ECONOMICS IS IT'S LIKE PUTTING A TWIN SIZED SHEET ON A KING SIZED BED... THERE IS ALWAYS SOMETHING LEFT OUT...
LATELY THE FED AS BEEN "SOLVING" OUR ECONOMIC SITUAITON "AS IF" ONLY WALL STREET MATTERED...
SO WE HAVE THE NEW "LOW WAGES PARADIGM"...."HIGH TRADE IMBALANCES"... AND LOTS OF LIQUIDITY FOR THE SPECULATORS...!
HOW BIG OF A GENIUS DO YOU HAVE TO BE TO SEE THAT THAT ISN'T A REAL ANSWER TO THE PROLEM...?!
ECONOMICS IS ESSENTIALLY A : "SOLVE FOR X" SITUATION...YOU REMEMBER FROM FIFTH FORM ALGEBRA RIGHT...?
WE HAVE TO SOLVE OUR PROBLEMS.... "AS IF" ...LOW WAGES WERE NOT THE NEW GLOBAL PARADIGM...
AND "AS IF" TRADE IMBALANCES DO MATTER...
AND "AS IF" THE DOLLAR ...IS NOT A DEVINELY INSPIRED CURRENCY THAT CAN NEVER GO DOWN... AS J.M. KEYNES ODDLY THOUGHT...!
ALL RESERVE CURRENCIES FAIL SOONER OF LATER...THE TEMPATION OF THE BLESSED ELITE TO OVER PRINT IS JUST TOO GREAT...
ALAS, CARVE THAT IN STONE AND PUT IT ABOVE THE DOORWAYS OF THE GRADUATE SCHOOLS... OR JUST EMBROIDER IT ON A SAMPLER AND HANG IT ON THE WALL!!
EVERYTHING WILL "SEEM MYSTERIOUS" UNTIL...WE START "SOLVING" FOR THE RIGHT "X"... OR PUT ANOTHER WAY...YOU'LL NEVER GET THE RIGHT ANSWERS UNTIL YOU LEARN TO ASK THE RIGHT QUESTIONS...!!
INDEED...I'D RATHER KNOW THE QUESTION THAN THE ANSWER ANYDAY...
IF YOU REALLY UNDERSTAND THE QUESTION...TRUST ME...THE ANSWERS WILL TAKE CARE OF THEMSELVES...
Friday, June 8, 2007
KRUGMAN FEARS LYING MEDIA WILL RUIN AMERICA
WELL...AFTER THE LAST FEW YEARS...EVEN THE SYCOPHANTS IN THE MEDIA COULDN'T HELP THE REPUBLICANS...
BUT THEY NEED TO BE WATCHED NEVERTHELESS...
THE ABILITY OF THE AMERICAN MORON VOTER TO LATCH ONTO SOME IRRELEVENT BIG LIE...AND THE MEDIA TO PUSH THAT BIG LIE...IS WELL DOCUMENTED IN THE CASE OF DUBYA...
STILL, MY HUNCH IS THAT ONCE THE DEMOCRATS ARE BACK IN POWER...THE MEDIA LAP DOGS WILL COME AROUND AGAIN... BECAUSE A DOG WILL ALWAYS LICK THE HAND THAT FEEDS HIM...
BUT THEY NEED TO BE WATCHED NEVERTHELESS...
THE ABILITY OF THE AMERICAN MORON VOTER TO LATCH ONTO SOME IRRELEVENT BIG LIE...AND THE MEDIA TO PUSH THAT BIG LIE...IS WELL DOCUMENTED IN THE CASE OF DUBYA...
STILL, MY HUNCH IS THAT ONCE THE DEMOCRATS ARE BACK IN POWER...THE MEDIA LAP DOGS WILL COME AROUND AGAIN... BECAUSE A DOG WILL ALWAYS LICK THE HAND THAT FEEDS HIM...
CONSUMERS WANT A SUCKER...
THAT'LL ALWAYS MAKE A TWO YEAR OLD HAPPY AGAIN...
But then so do the market masters...
But then so do the market masters...
MARKET MASTERS WILL SETTLE FOR A NICE DISTRIBUTION DAY...
PERHAPS SOME SUCKERS ARE BUYING THE DIP...THERE'S ALWAYS ONE OUT THERE SOMEWHERE...
GOLD CONTINUES DOWN...AS USUAL... GOLD AND GOLD STOCKS GO DOWN WHEN THE MARKET GOES UP...AND GO DOWN WHEN THE MARKET GOES DOWN...
IF ONLY GOLD WOULD REALLY DIVE.... SOME OF THE GOLD STOCKS ARE NEAR THEIR 52 WEEK LOWS... ADDING TO POSITIONS NOW...MIGHT HELP...IF THE DOLLAR DOES GO DOWN...
THE ONLY PROBLEM IS THAT EVEN THE SLIGHTEST RATE INCREASE WILL SEND THE DOLLAR SOARING AGAIN... AS HAPPEN TODAY WITH BONDS OVER 5% TEMPORARILY...
IN 5 YEARS...GOLD WILL BE MUCH MUCH HIGHER...AND STOCKS WILL LIKELY TRACK INFLATION AND DOLLAR DEVALUATION...
AND A DEVALUED DOLLAR IS BAKED IN THE CAKE NOW...THAT'S JUST A STRUCTURAL REALITY THAT IS NOT REVERSIBLE...MAINLY BECAUSE OF DEBT AND DEFICITS...NO MATTER WHAT INTEREST RATES DO...
GOLD CONTINUES DOWN...AS USUAL... GOLD AND GOLD STOCKS GO DOWN WHEN THE MARKET GOES UP...AND GO DOWN WHEN THE MARKET GOES DOWN...
IF ONLY GOLD WOULD REALLY DIVE.... SOME OF THE GOLD STOCKS ARE NEAR THEIR 52 WEEK LOWS... ADDING TO POSITIONS NOW...MIGHT HELP...IF THE DOLLAR DOES GO DOWN...
THE ONLY PROBLEM IS THAT EVEN THE SLIGHTEST RATE INCREASE WILL SEND THE DOLLAR SOARING AGAIN... AS HAPPEN TODAY WITH BONDS OVER 5% TEMPORARILY...
IN 5 YEARS...GOLD WILL BE MUCH MUCH HIGHER...AND STOCKS WILL LIKELY TRACK INFLATION AND DOLLAR DEVALUATION...
AND A DEVALUED DOLLAR IS BAKED IN THE CAKE NOW...THAT'S JUST A STRUCTURAL REALITY THAT IS NOT REVERSIBLE...MAINLY BECAUSE OF DEBT AND DEFICITS...NO MATTER WHAT INTEREST RATES DO...
Thursday, June 7, 2007
TOMORROW ON WALL STREET...WILL BE...
THE SILENCE IS DEAFENING... WHAT OF TOMORROW...? ALL SWEETNESS AND LIGHT...A HAPPY FACE "BUYING OPPORTUNITY"....
WELL, THE TOUTS ARE WORKING ON IT TONIGHT...FEAR NOT...
BUT, PERHAPS ANOTHER DOWN DAY...?
THIS MARKET IS MASSIVELY OVER BOUGHT AND OVER MARGINED...
AND, YOU KNOW...I REALLY DON'T THINK THERE ARE ANY SHORTS OUT THERE LOOKING FOR A COVERING OPPORTUNITY...
I THINK THE SHORTS ARE ALL COVERED...AND THAT 'S WHEN THE MARKET IS REALLY SCARY AND VULNERABLE TO BIG DROPS...
ALL THE BROKERS ARE WALKING AROUND WITH THESE WAN SMILES PLASTERED ON THEIR FACES...
WHAT HAPPEN...? IS IT TIME TO TAKE A VACATION...LIKE ABBY DID AFTER THE 2000 CRASH...?
NO ONE WANTS TO BE THE PERSON TO TELL THE PUBLIC THAT THEY'VE BEEN SCREWED BY WALL STREET YET AGAIN...
IT'S A DIRTY JOB...BUT SOMEONE HAS TO DO IT...
WELL, THE TOUTS ARE WORKING ON IT TONIGHT...FEAR NOT...
BUT, PERHAPS ANOTHER DOWN DAY...?
THIS MARKET IS MASSIVELY OVER BOUGHT AND OVER MARGINED...
AND, YOU KNOW...I REALLY DON'T THINK THERE ARE ANY SHORTS OUT THERE LOOKING FOR A COVERING OPPORTUNITY...
I THINK THE SHORTS ARE ALL COVERED...AND THAT 'S WHEN THE MARKET IS REALLY SCARY AND VULNERABLE TO BIG DROPS...
ALL THE BROKERS ARE WALKING AROUND WITH THESE WAN SMILES PLASTERED ON THEIR FACES...
WHAT HAPPEN...? IS IT TIME TO TAKE A VACATION...LIKE ABBY DID AFTER THE 2000 CRASH...?
NO ONE WANTS TO BE THE PERSON TO TELL THE PUBLIC THAT THEY'VE BEEN SCREWED BY WALL STREET YET AGAIN...
IT'S A DIRTY JOB...BUT SOMEONE HAS TO DO IT...
IS CHINA FINALLY DUMPING IT'S US BOND HOARD...?
New Zealand's central bank took the fall for the market crash today...
Then Bill Gross stepped in... And before that Bernanke said something harmless that spooked the market...
But no one is mentioning the Bank of China which as been under pressure to diversity it's holdings and let it's currency rise...
The fact that this wild and crazy rally in stocks has come to an end...is not surprising...that was a disaster waiting to happen.
But in the past when stocks have fallen...bonds went up...Remember...safe haven...parking money...all that?
Today there was none of it... Stocks crash...and Bonds crashed even worse.
This could be a sign that the great liquidity binge is over... Maybe Bernanke is behind it...after all Wall Street was dissing him and asking for more liquidity to keep the specualtion going for a few more weeks..or months...
And what of interest rates on credit cards...and those ARM mortgages that sunk the sub-prime markets lately... Surely that is not going to get any better after the bond crash...
The HISTORIC warning sign of a really serious equities crash is rate hikes...and weak bonds...
WHEN HISTORIANS ANALYSE THESE LAST FEW MONTHS...
MY HUNCH IS THAT THEY WILL POINT TO THE RECENT DROP IN THE DOLLAR AS THE REAL "HIDDEN CLUE" OF WHAT WAS COMING...
THE DOLLAR BROKE THROUGH 130 ON THE EURO...AND STAYED THERE VERY CONVINCINGLY...AND EVEN NOW IT'S NEAR 135...
THE WEAK DOLLAR WAS THERE FOR ALL TO SEE... AND MOSTLY IT WAS IGNORED... NOW BONDS HAVE CRASHED...AND TAKEN DOWN STOCKS WITH THEM...
BUT THE WEAK DOLLAR WAS A FLASHING RED LIGHT THAT THAT WAS THE NEXT MOVE... OF COURSE AT THAT TIME EVERYONE WAS DISTRACTED BY A STOCK MARKET THAT SEEMED TO GO ONLY IN ONE DIRECTION...UP!! A REAL HEAD FAKE...
MY HUNCH IS THAT THIS COULD BE THE BIG ONE WE'VE ALL BEEN PREDICTING FOR THESE MANY YEARS...
WHY NOW...?
WELL THE DECLINE IS OUT THERE AND EVERYONE KNOWS IT...
EVERYONE KNOWS A BIG CHANGE IN THE GLOBAL ECONOMIC BALANCE OF POWER IS COMING.
AND, THAT THE DOLLAR IS DONE AS THE GLOBAL CURRENCY OF CHOICE...
INDEED, THE FED CAN'T CUT RATES NOW FOR THAT VERY REASON...NO RATE CUTS WITH THE DOLLAR AND DEBT PROBLEM OVERHANGING THE MARKETS...
OIL WOULD SOAR...AND THE DOLLAR WOULD PLUNGE.
REMEMBER, WE "CASSANDRA'S" ARE ALWAYS WRONG...UNTIL WE ARE RIGHT...
AND WHEN WE FINALLY ARE RIGHT?... WELL...YOU KNOW...IT'S REALLY REALLY BAD....
Then Bill Gross stepped in... And before that Bernanke said something harmless that spooked the market...
But no one is mentioning the Bank of China which as been under pressure to diversity it's holdings and let it's currency rise...
The fact that this wild and crazy rally in stocks has come to an end...is not surprising...that was a disaster waiting to happen.
But in the past when stocks have fallen...bonds went up...Remember...safe haven...parking money...all that?
Today there was none of it... Stocks crash...and Bonds crashed even worse.
This could be a sign that the great liquidity binge is over... Maybe Bernanke is behind it...after all Wall Street was dissing him and asking for more liquidity to keep the specualtion going for a few more weeks..or months...
And what of interest rates on credit cards...and those ARM mortgages that sunk the sub-prime markets lately... Surely that is not going to get any better after the bond crash...
The HISTORIC warning sign of a really serious equities crash is rate hikes...and weak bonds...
WHEN HISTORIANS ANALYSE THESE LAST FEW MONTHS...
MY HUNCH IS THAT THEY WILL POINT TO THE RECENT DROP IN THE DOLLAR AS THE REAL "HIDDEN CLUE" OF WHAT WAS COMING...
THE DOLLAR BROKE THROUGH 130 ON THE EURO...AND STAYED THERE VERY CONVINCINGLY...AND EVEN NOW IT'S NEAR 135...
THE WEAK DOLLAR WAS THERE FOR ALL TO SEE... AND MOSTLY IT WAS IGNORED... NOW BONDS HAVE CRASHED...AND TAKEN DOWN STOCKS WITH THEM...
BUT THE WEAK DOLLAR WAS A FLASHING RED LIGHT THAT THAT WAS THE NEXT MOVE... OF COURSE AT THAT TIME EVERYONE WAS DISTRACTED BY A STOCK MARKET THAT SEEMED TO GO ONLY IN ONE DIRECTION...UP!! A REAL HEAD FAKE...
MY HUNCH IS THAT THIS COULD BE THE BIG ONE WE'VE ALL BEEN PREDICTING FOR THESE MANY YEARS...
WHY NOW...?
WELL THE DECLINE IS OUT THERE AND EVERYONE KNOWS IT...
EVERYONE KNOWS A BIG CHANGE IN THE GLOBAL ECONOMIC BALANCE OF POWER IS COMING.
AND, THAT THE DOLLAR IS DONE AS THE GLOBAL CURRENCY OF CHOICE...
INDEED, THE FED CAN'T CUT RATES NOW FOR THAT VERY REASON...NO RATE CUTS WITH THE DOLLAR AND DEBT PROBLEM OVERHANGING THE MARKETS...
OIL WOULD SOAR...AND THE DOLLAR WOULD PLUNGE.
REMEMBER, WE "CASSANDRA'S" ARE ALWAYS WRONG...UNTIL WE ARE RIGHT...
AND WHEN WE FINALLY ARE RIGHT?... WELL...YOU KNOW...IT'S REALLY REALLY BAD....
POLYANNA.. GLOOM AND DOOM DENIER?
IT'LL BE FUN TO WATCH THE PROFESSIONAL APOLOGISTS SPIN THIS MARKET ROUT...
HERE'S ONE NOW.
THE ISSUE SEEMS TO BE WILL THE RICH QUIT SPENDING BECAUSE OF HIGH GAS PRICES...AND HIGHER RATES ETC... WELL, OF COURSE NOT!
BUT, THIS IS A CONSUMER ECONOMY BASED ON ORDINARY PEOPLE...
WE ARE NOT YET A ROMAN IMPERIAL ECONOMY WHERE ONLY THE REPUBLICAN RICH COUNT FOR ANYTHING...
WITH ANY LUCK IN 2008 WE'LL BREAK FREE OF THAT DISMAL FATE FOR GOOD...OF WHICH WE'VE HAD A DISMAL PREVIEW FOR THE LAST SIX YEARS...
HERE'S ONE NOW.
THE ISSUE SEEMS TO BE WILL THE RICH QUIT SPENDING BECAUSE OF HIGH GAS PRICES...AND HIGHER RATES ETC... WELL, OF COURSE NOT!
BUT, THIS IS A CONSUMER ECONOMY BASED ON ORDINARY PEOPLE...
WE ARE NOT YET A ROMAN IMPERIAL ECONOMY WHERE ONLY THE REPUBLICAN RICH COUNT FOR ANYTHING...
WITH ANY LUCK IN 2008 WE'LL BREAK FREE OF THAT DISMAL FATE FOR GOOD...OF WHICH WE'VE HAD A DISMAL PREVIEW FOR THE LAST SIX YEARS...
WE NEED A NEW FEDERAL RESERVE...!
ONE THAT IS NOT UNDER THE CONTROL OF THE SPECULATORS ON WALL STREET!
ONE THAT PROTECTS OUR DOMESTIC CAPITAL...NOT JUST INTERNATIONAL CAPITAL...
ONE THAT PROTECTS OUR DOMESTIC CAPITAL...NOT JUST INTERNATIONAL CAPITAL...
GREAT PANICS HAPPEN IN THE "7" YEAR OF A DECADE.
NAMELY 1837...1857...1907...2007...
AND REMEMBER THE GREAT PANIC OF 1929 WAS PRECEEDED BY THE FLORIDA LAND BUBBLE CRASH OF 1926-27...!
REAL ESTATE PANICS SEEM TO BE A WARNING OF STOCK MARKET PANICS YET TO COME!!
SOUND LIKE ANYONE WE KNOW...? Hmmmmm....?
AND REMEMBER THE GREAT PANIC OF 1929 WAS PRECEEDED BY THE FLORIDA LAND BUBBLE CRASH OF 1926-27...!
REAL ESTATE PANICS SEEM TO BE A WARNING OF STOCK MARKET PANICS YET TO COME!!
SOUND LIKE ANYONE WE KNOW...? Hmmmmm....?
BOND COLLAPSE IS DEATH RATTLE FOR THIS BULL...!!
IT'S ALWAYS BONDS THAT END BULL MARKETS...IF YOU DIDN'T KNOW THAT...WELL, NOW YOU DO...!
TITANIC COLLAPSE...PANIC OF 2007 LOOMS!
MOMO MARKET HITS AN ICEBERG...CALLED REALITY!
HUGE LOSSES PILE UP...MORE TO COME!!
MARGIN CALLS ABOUND...!!! MORE SELLING INEVITABLE!
LEVERAGE IS ROUTED...!
SPECULATORS FLEEING IN ALL DIRECTIONS....
STAY TUNED....IT'S LIKE THE 1800s PANICS...LIKE THE PANIC OF 1837...REVISITED!!
OR THIS COULD BE 1857 PANIC ALL OVER AGAIN...!!
OR MAYBE 1907 PANIC...WHICH CAUSED THE FORMATION OF THE NOW DEGENERATED FEDERAL RESERVE SYSTEM...
HUGE LOSSES PILE UP...MORE TO COME!!
MARGIN CALLS ABOUND...!!! MORE SELLING INEVITABLE!
LEVERAGE IS ROUTED...!
SPECULATORS FLEEING IN ALL DIRECTIONS....
STAY TUNED....IT'S LIKE THE 1800s PANICS...LIKE THE PANIC OF 1837...REVISITED!!
OR THIS COULD BE 1857 PANIC ALL OVER AGAIN...!!
OR MAYBE 1907 PANIC...WHICH CAUSED THE FORMATION OF THE NOW DEGENERATED FEDERAL RESERVE SYSTEM...
MARGIN CALLS WILL TRASH MARKET TOMORROW!!
YES...IT'S TIME TO PAY THE MARGIN PIPER...FOR YET ANOTHER GENERATION OF SUCKERS WHO ARE LEARNING THEIR LESSONS ABOUT SPECULATION...!!
MARKETS FLOUNDERING...
When you break the story line it's hard to get back into the fantasyland of investing... Because Bull Markets are really about the suspension of disbelief...just like in the theatre.
So far the gold bashing is holding up...but oil is rising again. The interest rate situation is not going to break for the speculators because net-net global paper money has been massively over-printed because of weak global labor costs caused by the China Trade...but that 800 pound "liquidity chicken" is coming home to roost.
Stay tuned; for more and even better metaphor mixing to come...!
So far the gold bashing is holding up...but oil is rising again. The interest rate situation is not going to break for the speculators because net-net global paper money has been massively over-printed because of weak global labor costs caused by the China Trade...but that 800 pound "liquidity chicken" is coming home to roost.
Stay tuned; for more and even better metaphor mixing to come...!
I RAN OUT OF GAS ON MY WAY TO WALMART!!
What most people don't realize about Walmart's small and medium sized town base is that many of these stores require customers to drive 20 or 30 miles EACH WAY...
THIS CAN BE A $12 TRIP IN THE FORD F-250!!
A lot of rural folks are cutting down on travel...EVEN FOR NECESSITIES...
SUDDENLY YOU TAKE WHAT YOU CAN GET IN YOUR LITTLE TOWN...AND DON'T DRIVE TO THE "WALMART TOWN" UNLESS IT'S ABSOLUTELY NECESSARY...
ALL UNNECESSARY DRIVING IS AVOIDED BY MANY RURAL PEOPLE NOWADAYS...
THIS IS GOING TO CUT DOWN ON WALMART TRAFFIC...WHICH IN SOME SMALL TOWNS PASSES FOR "ENTERTAINMENT" ON FRIDAY AND SATURDAY NIGHTS...!
THIS CAN BE A $12 TRIP IN THE FORD F-250!!
A lot of rural folks are cutting down on travel...EVEN FOR NECESSITIES...
SUDDENLY YOU TAKE WHAT YOU CAN GET IN YOUR LITTLE TOWN...AND DON'T DRIVE TO THE "WALMART TOWN" UNLESS IT'S ABSOLUTELY NECESSARY...
ALL UNNECESSARY DRIVING IS AVOIDED BY MANY RURAL PEOPLE NOWADAYS...
THIS IS GOING TO CUT DOWN ON WALMART TRAFFIC...WHICH IN SOME SMALL TOWNS PASSES FOR "ENTERTAINMENT" ON FRIDAY AND SATURDAY NIGHTS...!
DARK SIDE LOOMS FOR MARKETS...
SUDDENLY THE GLASS IS HALF EMPTY ON WALL STREET...
THAT'S THE PROBLEM WITH SPIN...YOU SIMPLY CAN'T CONTROL IT ....
ESPECIALLY, OVER THE LONG TERM...
WHERES THE M&A THAT WAS SO DOMINANT A COUPLE OF DAYS AGO...
OR WAS THIS ENTIRE EPISODE JUST ONE MORE TRICK BY MR. MARKET TO FLEECE THE SUCKERS...
THAT'S THE PROBLEM WITH SPIN...YOU SIMPLY CAN'T CONTROL IT ....
ESPECIALLY, OVER THE LONG TERM...
WHERES THE M&A THAT WAS SO DOMINANT A COUPLE OF DAYS AGO...
OR WAS THIS ENTIRE EPISODE JUST ONE MORE TRICK BY MR. MARKET TO FLEECE THE SUCKERS...
SUPPORT THE LONDON LOGO...!
WHY DOES EVERYTHING HAVE TO BE BORING...! AND LOWEST COMMON DENOMINATOR...!
GREAT EDGY LOGO FOR LONDON 2012....!
GREAT EDGY LOGO FOR LONDON 2012....!
Wednesday, June 6, 2007
TURKEY INVADES IRAQ...!!
EVERYONE KNOWS THAT THIS IS THE INEVITABLE "NEXT CHAPTER" IN THE NORTH OF IRAQ... THE KURDS WILL SIMPLY NOT BE ALLOWED TO SPLIT OFF FROM IRAQ...AND TAKE THE OIL FIELDS WITH THEM...
THE KURDS HAVE NO INTEREST IN STAYING IN IRAQ...EVERYONE KNOWS THIS...BUT FEW ARE WILLING TO SAY IT PUBLICALLY...
THE FIGHT BETWEEN TURKEY AND KURDISTAN HAS BEGUN...!
AND WHAT OF THE GREENZONE PUPPETS IN BAGHDAD...?
WELL, WHO KNOWS...THEY SEEM TO BE BECOMING INCREASINGLY IRRELEVANT TO THE OUTCOME OF THIS WAR...
INTERESTING TIMES AHEAD... IN FACT, ONE MIGHT SAY...YOU AIN'T SEEN NUTTIN' YET...!
THE KURDS HAVE NO INTEREST IN STAYING IN IRAQ...EVERYONE KNOWS THIS...BUT FEW ARE WILLING TO SAY IT PUBLICALLY...
THE FIGHT BETWEEN TURKEY AND KURDISTAN HAS BEGUN...!
AND WHAT OF THE GREENZONE PUPPETS IN BAGHDAD...?
WELL, WHO KNOWS...THEY SEEM TO BE BECOMING INCREASINGLY IRRELEVANT TO THE OUTCOME OF THIS WAR...
INTERESTING TIMES AHEAD... IN FACT, ONE MIGHT SAY...YOU AIN'T SEEN NUTTIN' YET...!
THINK HAPPY THOUGHTS...!
BUBBLES FOREVER! BUBBLES FOREVER! REMEMBER...?
ANY UNPLEASANTNESS COULD PANIC THE MARGIN BUYERS...AND MAKE THE LEVERAGED BUY OUT BILLIONAIRES, A/K/A "PRIVATE EQUITY" VERY NERVOUS...
THINK ONLY HAPPY THOUGHTS... IT'S DIFFERENT THIS TIME...!
BUBBLES FOREVER! BUBBLES FOREVER...
THE FED AND JESUS LOVE US...YES THEY DO...!
ANY UNPLEASANTNESS COULD PANIC THE MARGIN BUYERS...AND MAKE THE LEVERAGED BUY OUT BILLIONAIRES, A/K/A "PRIVATE EQUITY" VERY NERVOUS...
THINK ONLY HAPPY THOUGHTS... IT'S DIFFERENT THIS TIME...!
BUBBLES FOREVER! BUBBLES FOREVER...
THE FED AND JESUS LOVE US...YES THEY DO...!
Tuesday, June 5, 2007
FRIEDMAN IS A MESS...
He's trying belatedly to be a voice of reason...but he has caused a lot of the trouble we are experiencing by his slavish devotion to the Israeli ultra-right's agenda...and the greedmongers of international capital...
Once the Democrats are back in power...Friedman will have to go...or flip-flop back into a liberal to keep his portfolio at the NYT... By being so predictable he has also become painfully boring...!
Once the Democrats are back in power...Friedman will have to go...or flip-flop back into a liberal to keep his portfolio at the NYT... By being so predictable he has also become painfully boring...!
WHAT HAPPEN TO MERGER MONDAY...AND M&A?
Nothing remotely like the sell off today can ever be allowed to happen again...
This market is nothing but leverage and margin now... Any sense that the MoMo Market is over could bring the entire house of cards down...fast!
This is not a market that can handle many sell offs...everyone is on a hair trigger now...only upside is allowable... So...
Rally on! Bubbles Forever...!
This market is nothing but leverage and margin now... Any sense that the MoMo Market is over could bring the entire house of cards down...fast!
This is not a market that can handle many sell offs...everyone is on a hair trigger now...only upside is allowable... So...
Rally on! Bubbles Forever...!
BYE BYE SCOOTER...
WELL WITH A NAME LIKE "SCOOTER" I'M SURE MR LIBBY WILL MAKE LOTS OF NEW FRIENDS IN PRISON...!
AND AFTERWARDS HE MAY BE ABLE TO COUNSEL THE OTHER REPUBLICANS WHO WILL BE GOING TO PRISON WHEN THE DEMOCRATS TAKE OVER IN WASHINGTON IN 2009...
AND AFTERWARDS HE MAY BE ABLE TO COUNSEL THE OTHER REPUBLICANS WHO WILL BE GOING TO PRISON WHEN THE DEMOCRATS TAKE OVER IN WASHINGTON IN 2009...
WHAT LIGHT THROUGH YONDER WINDOW BREAKS...?
GOOD MORNING WALL STREET...! TIME FOR ANOTHER BIG RALLY DAY! DON'T JUST STAND THERE...PRINT MONEY!
A VERY MANAGED TEASER DECLINE...?
THE MARKET RALLIED LATE...BUT NOT ENOUGH TO MAKE UP THE DIFFERENCE... IT WAS AN APOLOGY DECLINE...NOT INTENDED TO FRIGHTEN PEOPLE... INDEED, IT MIGHT EVEN HAVE MADE THE STRAIGHT LINE RALLY OF THE PAST TWO MONTHS..."LOOK LEGIT..." AT LEAST A LITTLE LEGIT...
REMEMBER , THIS MARKET HAS TO GO DOWN SOMETIME...JUST ON TECHNICAL FACTORS...
TODAY'S ACTION COULD SATIFY THOSE TECHNICAL FACTORS FOR THE REST OF THIS WEEK...AND INTO NEXT WEEK.
A HUGE RALLY IN THE DOW TOMORROW... BASED ON...? WHATEVER THE NEWS IS TOMORROW...
REMEMBER , THIS MARKET HAS TO GO DOWN SOMETIME...JUST ON TECHNICAL FACTORS...
TODAY'S ACTION COULD SATIFY THOSE TECHNICAL FACTORS FOR THE REST OF THIS WEEK...AND INTO NEXT WEEK.
A HUGE RALLY IN THE DOW TOMORROW... BASED ON...? WHATEVER THE NEWS IS TOMORROW...
BERNANKE'S CATCH 22...
TO "SATISFY" WALL STREET...WHICH IS HIS JOB AFTER ALL...BERNANKE NEEDS TO SAY...THE ECONOMY IS BOOMING...AND I'M GOING TO CUT RATES...!
THE ONLY PROBLEM IS THAT WITH THE DOLLAR PLUNGING AND OIL SOARING... STOCKS AT RECORD HIGHS...THAT MAKES NO SENSE WHATSOEVER...!
STILL, ANYTHING THAT BERNANKE SAYS THAT IMPLIES NO RATE CUT...WILL DRIVE DOWN STOCKS...
APPARENTLY, WITH STOCKS ALREADY THROUGH THE ROOF AND OVER-PRICED...THE ONLY THING THAT WILL SAVE THE SPECULATORS IS LOWER RATES ON THEIR MARGIN AND LEVERAGE DEBT...!
WHAT A MESS BERNANKE IS IN...!
THE ONLY PROBLEM IS THAT WITH THE DOLLAR PLUNGING AND OIL SOARING... STOCKS AT RECORD HIGHS...THAT MAKES NO SENSE WHATSOEVER...!
STILL, ANYTHING THAT BERNANKE SAYS THAT IMPLIES NO RATE CUT...WILL DRIVE DOWN STOCKS...
APPARENTLY, WITH STOCKS ALREADY THROUGH THE ROOF AND OVER-PRICED...THE ONLY THING THAT WILL SAVE THE SPECULATORS IS LOWER RATES ON THEIR MARGIN AND LEVERAGE DEBT...!
WHAT A MESS BERNANKE IS IN...!
AMAZON WILL KICK EBAY'S ASS...
IT'S MOSTLY OVER FOR "AUCTIONS".... PEOPLE DON'T WANT TO PLAY GAMES ANYMORE...
THEY JUST WANT GOOD STUFF AT CHEAP PRICES...DELIVERED QUICKLY...
FORGET THE "BIDDING!"
WE WANT TO GET THE BULLSHIT OUT OF OUR LIVES...! THE GAME IS UP FOR EBAY...
ALSO NOTE HOWEVER THAT TRAFFIC AT ALL E-TAILING SITES IS DOWN SUBSTANTIALLY... THE AMERICAN CONSUMER IS FINALLY TAPPED OUT...THE $3 GAS DID IT...!
THEY JUST WANT GOOD STUFF AT CHEAP PRICES...DELIVERED QUICKLY...
FORGET THE "BIDDING!"
WE WANT TO GET THE BULLSHIT OUT OF OUR LIVES...! THE GAME IS UP FOR EBAY...
ALSO NOTE HOWEVER THAT TRAFFIC AT ALL E-TAILING SITES IS DOWN SUBSTANTIALLY... THE AMERICAN CONSUMER IS FINALLY TAPPED OUT...THE $3 GAS DID IT...!
MARKET WILL RALLY AFTER 3PM...JUST WATCH AND BE AMAZED!
THIS DOW PLUNGE FEELS FAKE...
I SEE A BIG RALLY TO AT LEAST "EVEN" BY 4PM... THERE ARE TOO MANY PEOPLE READY TO BAIL ON MARGIN ACCOUNTS IF THE DOW REALLY DOES FALL BY 100 POINTS...
THE HEDGIES ARE NOT GOING TO GO OUT WITH A WHIMPER... SOMETHING IS NOT RIGHT ABOUT THIS DROP IN THE DOW...
I SEE A BIG RALLY TO AT LEAST "EVEN" BY 4PM... THERE ARE TOO MANY PEOPLE READY TO BAIL ON MARGIN ACCOUNTS IF THE DOW REALLY DOES FALL BY 100 POINTS...
THE HEDGIES ARE NOT GOING TO GO OUT WITH A WHIMPER... SOMETHING IS NOT RIGHT ABOUT THIS DROP IN THE DOW...
CISCO SUCKS...SO DOES APPLE...
BUT THEY ALWAYS DID... THESE ARE TWO TECH STOCKS THAT I NEVER DID TRUST... FOR REASONS THAT ARE UNEXPLAINABLE... CALL IT BAD CORPORATE KARMA...OR MAYBE I THINK THE MANAGEMENT IS JUST OPPORTUNISTIC AND BASICALLY SLEEZY? I LIKE MY CEOs IN SUITS...NOT BAREFOOT...
DOW WILL RALLY TO BREAK EVEN...OR HIGHER BEFORE 4PM.
THESE BERNANKE STATEMENTS WERE NONE ENTITIES...
THEY REVEALED NOTHING THAT WAS NOT ALREADY KNOWN... ANYONE WHO WAS INFLUNECE BY THE BERNANKE COMMENTS SHOULD JUST DUMP OUT NOW...
THE MARKET WILL RALLY STARTING AT ABOUT 3PM...TODAY....AND ON TO THE CLOSE...AS "BARGAIN HUNTERS" STEP IN FOR BIGGER RALLYS TO COME...
THIS IS SIMPLY NOT A MARKET THAT GOES DOWN...EVER! NOT EVER!
THE REAL QUESTION IS:
WHY ISN'T EVERYONE JUMPING IN WITH BOTH FEET... I MEAN WALL STREET IS PRINTING MONEY EVERYDAY...AND A LOT OF PEOPLE ARE SAYING..."NO THANKS...I'LL PASS...!"
THEY REVEALED NOTHING THAT WAS NOT ALREADY KNOWN... ANYONE WHO WAS INFLUNECE BY THE BERNANKE COMMENTS SHOULD JUST DUMP OUT NOW...
THE MARKET WILL RALLY STARTING AT ABOUT 3PM...TODAY....AND ON TO THE CLOSE...AS "BARGAIN HUNTERS" STEP IN FOR BIGGER RALLYS TO COME...
THIS IS SIMPLY NOT A MARKET THAT GOES DOWN...EVER! NOT EVER!
THE REAL QUESTION IS:
WHY ISN'T EVERYONE JUMPING IN WITH BOTH FEET... I MEAN WALL STREET IS PRINTING MONEY EVERYDAY...AND A LOT OF PEOPLE ARE SAYING..."NO THANKS...I'LL PASS...!"
GREENSPAN: THE PITIFUL HUCKSTER...!
THE CURTAIN HAS BEEN RIPPED OPEN...THE WIZARD OF OZ FINALLY SPEAKS!
AND HE IS TRULY A PITIFUL SHAM....
BUT HE SERVED HIS MASTERS IN INTERNATIONAL CAPITAL...AND ON WALL STREET VERY WELL...
NOW WE MUST DEAL WITH THE AFTERMATH OF THE ECONOMIC LOOTING THAT GREENSPAN ALLOWED...AND EVEN TOUTED.
P.S. I'LL SKIM HIS BOOK AT THE COFFEE SHOP AT B&N...AND WAIT FOR IT TO HIT THE REMAINDER TABLE IN A COUPLE OF MONTHS...YOU SHOULD TOO.
AND HE IS TRULY A PITIFUL SHAM....
BUT HE SERVED HIS MASTERS IN INTERNATIONAL CAPITAL...AND ON WALL STREET VERY WELL...
NOW WE MUST DEAL WITH THE AFTERMATH OF THE ECONOMIC LOOTING THAT GREENSPAN ALLOWED...AND EVEN TOUTED.
P.S. I'LL SKIM HIS BOOK AT THE COFFEE SHOP AT B&N...AND WAIT FOR IT TO HIT THE REMAINDER TABLE IN A COUPLE OF MONTHS...YOU SHOULD TOO.
ADVICE TO EDWARDS...SUPPORT SINGLE PAYER HEALTH CARE NOW!
With John Edwards sinking in the polls...the Democrats could be faced with an odd "solution" to their nomination...namely select a women or a black guy...
This could have profound implications for the general election as I'm sure Republicans would love to run against either Obama or Hillary...
Edwards needs to throw caution to the wind...and come out for a single payer universal health care plan....NOW!
This is what most other nations have had for years...it's what sensible economists would want...if there were no "special interests" involved...and it's what the base of the party's working class voters could get behind....IF ONLY it were offered by a mainstream candidate... Universal Single Payer Health Care could save the Edwards candidacy...
You'd think Edwards would remember what poll driven caution and timid flip flopping can do to a Presidential Candidate....!!
So far the Big Three candidates have allowed Kucinich to be the voice of the progressive wing of the Democratic Party... But this smacks of the last 20 years of Democratic sell out of working people in America for the special interests on Wall Street...
Now, Wall Street has finally succeeded in ruining the national economy, running up huge structural deficits, then printing money to pay for them... and turning the last few years into one final and vast "Smash and Grab Fest" for Billionaries...
MY ADVICE TO JOHN EDWARDS...GO PROGRESSIVE...OR GO HOME...
YOU'RE OUT OF IT...THESE ARE DESPERATE TIMES FOR MOST AMERICANS...THEY WANT A LEADER...NOT SOMEONE WHO WILL FLIP FLOP WITH EVERY MEDIA POLL DONE BY THE MEDIA CONGLOMERATES AND THEIR ELITE OWNERSHIP...
This could have profound implications for the general election as I'm sure Republicans would love to run against either Obama or Hillary...
Edwards needs to throw caution to the wind...and come out for a single payer universal health care plan....NOW!
This is what most other nations have had for years...it's what sensible economists would want...if there were no "special interests" involved...and it's what the base of the party's working class voters could get behind....IF ONLY it were offered by a mainstream candidate... Universal Single Payer Health Care could save the Edwards candidacy...
You'd think Edwards would remember what poll driven caution and timid flip flopping can do to a Presidential Candidate....!!
So far the Big Three candidates have allowed Kucinich to be the voice of the progressive wing of the Democratic Party... But this smacks of the last 20 years of Democratic sell out of working people in America for the special interests on Wall Street...
Now, Wall Street has finally succeeded in ruining the national economy, running up huge structural deficits, then printing money to pay for them... and turning the last few years into one final and vast "Smash and Grab Fest" for Billionaries...
MY ADVICE TO JOHN EDWARDS...GO PROGRESSIVE...OR GO HOME...
YOU'RE OUT OF IT...THESE ARE DESPERATE TIMES FOR MOST AMERICANS...THEY WANT A LEADER...NOT SOMEONE WHO WILL FLIP FLOP WITH EVERY MEDIA POLL DONE BY THE MEDIA CONGLOMERATES AND THEIR ELITE OWNERSHIP...
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