WELL GOOD LUCK... THE MACRO AND STRUCTURAL PROBLEMS FOR THE DOLLAR ARE SO MASSIVELY OVERWHELMING THAT BULLSHIT AND PLUNGE PROTECTION SIMPLY WON'T WORK ANYMORE...
SHADES OF SOROS AND THE BRITISH POUND...!! WHEN REALITY MEETS THE INEVITABLE...BIG MONEY CAN BE MADE BETTING ON THE OBVIOUS...
EVEN PLUNGE PROTECTION ISN'T CAPABLE OF STOPPING WHAT COMES NEXT...
A Progressive Blog: Examining the American post-industrial dystopia and its new Proto-Fascist Politics. Wit, wisdom and shameless pontificating from the Internet's best and longest running Political and Economic Blog. Always fresh 24.7.365. Bookmark this Page now....and come back daily. Always on the cutting edge of editorial and market opinion since 1999. And your best portal into the Blogosphere...
Wednesday, October 31, 2007
GOLDBUGS SEE PPT IN PANIC MODE!!
THE GLOOM AND DOOM ARE THICKENING... MASSIVE DERIVATIVES COLLAPSE PREDICTED...! TRILLIONS AT RISK...
FED SO WRONG: BUT WHY ARE THEY CUTTING?
NEARLY EVERYONE AGREES THAT THIS RATE CUT IS UNNECESSARY OR USELESS... OR EVEN HARMFUL TO THE DOLLAR AND OIL PRICES...
AND THE PUNDITS WILL BE ALL OVER THE FED... IF THINGS GO HAYWIRE AFTER THIS ILL-ADVISED CUT...
SO WHY ARE THEY CUTTING RATES...?
AND THE PUNDITS WILL BE ALL OVER THE FED... IF THINGS GO HAYWIRE AFTER THIS ILL-ADVISED CUT...
SO WHY ARE THEY CUTTING RATES...?
OIL TAKES BACK FED SHILLS SELL OFF....
THE FED SHILLS TRIED TO PRIME THE PUMP FOR THE CUT TODAY... WITH AN OIL SELL OFF YESTERDAY AFTERNOON...
BUT IT WAS BOUGHT BACK ALMOST IMMEDIATELY...THIS MORNING.
SORRY. PLUNGE PROTECTION AIN'T WHAT IT USED TO BE...!
BUT IT WAS BOUGHT BACK ALMOST IMMEDIATELY...THIS MORNING.
SORRY. PLUNGE PROTECTION AIN'T WHAT IT USED TO BE...!
TENSE MARKET AWAITS FED
ALL FINGERS ARE HOVERING ABOVE THE SELL BUTTON...
THE MARKET IS FROZEN IN PLACE...
BUT WHY NOT JUST HIT IT NOW AND TAKE THE GUESS WORK OUT OF IT...
COULD ANYTHING THE FED "SAYS" ACTUALLY AMOUNT TO A "BUY" SIGNAL...
THE ECONOMY IS IN TROUBLE...THE MARKET IS OVERVALUED AND BLOATED WITH GREED...
WHAT THE HELL ARE THEY ALL WAITING FOR...
THE MARKET IS FROZEN IN PLACE...
BUT WHY NOT JUST HIT IT NOW AND TAKE THE GUESS WORK OUT OF IT...
COULD ANYTHING THE FED "SAYS" ACTUALLY AMOUNT TO A "BUY" SIGNAL...
THE ECONOMY IS IN TROUBLE...THE MARKET IS OVERVALUED AND BLOATED WITH GREED...
WHAT THE HELL ARE THEY ALL WAITING FOR...
MOTHER OF ALL CRASHES LOOMS...
WHEN? DON'T KNOW....
BUT I KNOW IT'S CLOSE...
I CAN SMELL IT...!
THIS THING IS WOUND SO TIGHT IT'S READY TO SNAP... ONE FALSE MOVE...ONE WRONG STATEMENT AND THE RUSH FOR THE EXITS COULD START ANY DAY, ANY HOUR, ANY MINUTE...
BUT I KNOW IT'S CLOSE...
I CAN SMELL IT...!
THIS THING IS WOUND SO TIGHT IT'S READY TO SNAP... ONE FALSE MOVE...ONE WRONG STATEMENT AND THE RUSH FOR THE EXITS COULD START ANY DAY, ANY HOUR, ANY MINUTE...
STOCKS WILL CRASH AFTER FED MEETING...
GOOGLE AT 700. OIL SOARING... GOLD NEAR 800. THE DOLLAR PLUNGING...
IT'S TIME...! INDEED WAY PAST TIME...
BUT THAT'S THE WAY THE MARKET LIKES IT...THE OBVIOUS HAS TO BE LITERALLY "AT THE DOOR" BEFORE THE MARKET WILL PULL THE PLUG...
THAT'S WHY THEY SAY THE MARKET CAN REMAIN IRRATIONAL LONGER THAN YOU CAN REMAIN SOLVENT...
THAT'S ALSO WHY MARKET "GENIUSES" ARE ALWAYS TOO EARLY....AND LOSE THEIR ASSES.
THAT'S ALSO WHY THE SUCKERS AND TRUE BELIEVERS ALWAYS WAIT TOO LONG...AND ARE CRUSHED IN THE "RUSH FOR THE DOOR" WHEN THE OBVIOUS FINALLY HAPPENS...
THE MARKETS ABILITY TO DEFY LOGIC IS IT'S MOST IMPORTANT ASPECT, THAT'S WHAT KEEPS PEOPLE COMING BACK FOR MORE.
IT'S TIME...! INDEED WAY PAST TIME...
BUT THAT'S THE WAY THE MARKET LIKES IT...THE OBVIOUS HAS TO BE LITERALLY "AT THE DOOR" BEFORE THE MARKET WILL PULL THE PLUG...
THAT'S WHY THEY SAY THE MARKET CAN REMAIN IRRATIONAL LONGER THAN YOU CAN REMAIN SOLVENT...
THAT'S ALSO WHY MARKET "GENIUSES" ARE ALWAYS TOO EARLY....AND LOSE THEIR ASSES.
THAT'S ALSO WHY THE SUCKERS AND TRUE BELIEVERS ALWAYS WAIT TOO LONG...AND ARE CRUSHED IN THE "RUSH FOR THE DOOR" WHEN THE OBVIOUS FINALLY HAPPENS...
THE MARKETS ABILITY TO DEFY LOGIC IS IT'S MOST IMPORTANT ASPECT, THAT'S WHAT KEEPS PEOPLE COMING BACK FOR MORE.
Tuesday, October 30, 2007
COULD THE RATE CUT CAUSE STOCKS TO CRASH...?
WE COULD BE IN FOR SOME SURPRISES TOMORROW...PERHAPS EVEN A POST FED MARKET CRASH...
WHAT THE MARKET WANTS IS "TOUGH LOVE"...A GROWNUP TO "TAKE THE PUNCHBOWL AWAY..."
BUT BERNANKE WANTS TO BE THE "HELICOPTER PARENT" ALWAYS LOOKING OUT FOR THE SLIGHTEST SIGN OF A "SNIFFLE"....!
HEY BERNANKE...LEAVE THESE KIDS ALONE...THEY'LL FIGURE IT OUT WITHOUT HELP FROM THE FED...!
I SUSPECT THAT BERNANKE'S "MISTAKE" TOMORROW COULD BE EQUAL TO DUBYA'S MISTAKE ABOUT IRAQ... HISTORIANS WRITING ABOUT IT...WILL SAY: WHAT WERE THEY THINKING!!
(HINT TO FUTURE HISTORIANS: THEY WEREN'T THINKING. AND THAT WAS OUR PROBLEM ALL ALONG!)
I WOULD NOT BE SURPRISED BY A GLOBAL MARKET CRASH TOMORROW IN THE WAKE OF THE FEDS...UNPRECENDENTED KOW-TOW TO THE SPECULATING CLASSES...!
WHAT THE MARKET WANTS IS "TOUGH LOVE"...A GROWNUP TO "TAKE THE PUNCHBOWL AWAY..."
BUT BERNANKE WANTS TO BE THE "HELICOPTER PARENT" ALWAYS LOOKING OUT FOR THE SLIGHTEST SIGN OF A "SNIFFLE"....!
HEY BERNANKE...LEAVE THESE KIDS ALONE...THEY'LL FIGURE IT OUT WITHOUT HELP FROM THE FED...!
I SUSPECT THAT BERNANKE'S "MISTAKE" TOMORROW COULD BE EQUAL TO DUBYA'S MISTAKE ABOUT IRAQ... HISTORIANS WRITING ABOUT IT...WILL SAY: WHAT WERE THEY THINKING!!
(HINT TO FUTURE HISTORIANS: THEY WEREN'T THINKING. AND THAT WAS OUR PROBLEM ALL ALONG!)
I WOULD NOT BE SURPRISED BY A GLOBAL MARKET CRASH TOMORROW IN THE WAKE OF THE FEDS...UNPRECENDENTED KOW-TOW TO THE SPECULATING CLASSES...!
IS THE DOLLAR THE NEW YEN...?
CURIOUS... COULD THE FED MAKE A LIVING HAVING A CURRENCY SO WEAK THAT IT BECOMES A "CARRY TRADE" CURRENCY...LIKE THE YEN?
I DON'T THINK THAT JAPAN AND THE US ARE IN THE SAME POSITION... NOR IS THE US LIKE THE SWISS...
JAPAN DOESN'T HAVE A HUGE TRADE DEFICIT TO FUND AS THE US HAS... JAPAN IS NOT FINANCING A LARGE MILITARY BUDGET...AND OF COURSE THE SWISS ARE ALWAYS NEUTRAL...
VERY LIKELY THE US DOLLAR IS HEADING THE WAY OF THE SOUTH AMERICAN "PESO"...
NOT THE YEN OR THE SWISS FRANC....
I DON'T THINK THAT JAPAN AND THE US ARE IN THE SAME POSITION... NOR IS THE US LIKE THE SWISS...
JAPAN DOESN'T HAVE A HUGE TRADE DEFICIT TO FUND AS THE US HAS... JAPAN IS NOT FINANCING A LARGE MILITARY BUDGET...AND OF COURSE THE SWISS ARE ALWAYS NEUTRAL...
VERY LIKELY THE US DOLLAR IS HEADING THE WAY OF THE SOUTH AMERICAN "PESO"...
NOT THE YEN OR THE SWISS FRANC....
MARKETWATCH AWASH IN GLOOM...
LOT OF GLOOM IN THE MEDIA TONIGHT... PROBABALY TRYING TO JUSTIFY THE RATE CUT TOMORROW... IT'S UNUSUAL FOR THE MSM TO PLAY THIS GAME... HOUSING GLOOM. CREDIT GLOOM. OIL GLOOM. DOLLAR GLOOM. DEBT, DEFICITS, OFF THE BOOKS WAR AND QUAGMIRE...
IS REALITY FINALLY SETTING IN...? I DOUBT IT...THE CAPACITY OF THE SHILLS AND TOUTS FOR SELF DELUSION IS HUGE...
IS REALITY FINALLY SETTING IN...? I DOUBT IT...THE CAPACITY OF THE SHILLS AND TOUTS FOR SELF DELUSION IS HUGE...
FED SHILLS BASH OIL FOR TOMORROW'S RATE CUT...
THE FED SHILLS WERE OUT BASHING OIL THIS AFTERNOON TO ..."GREASE THE SKIDS" ....FOR THE COMING RATE CUT...
THE FEAR BEING THAT THE CUT WILL IMPACT THE DOLLAR...AND THE OIL MARKET...QUICKLY.
NO ONE CARES ABOUT THE DOLLAR...BUT ANY OIL INCREASE WOULD BE HEADLINE NEWS.
SO...A LITTLE "GROUND WORK" HAD TO BE LAID FOR THE COMING CUT...
THAT NATURALLY MEANS THAT OIL IS TOO LOW...AND COULD BE A BUY... OCCASIONALLY THE SHILLS CAN GET SOME MOMO ACTION GOING WITH THESE FED SHILLING MOVES... BUT IT'S USUALLY SHORT LIVED...
A GOLD BASH WAS TRIED... BUT WAS NOT AS SUCCESSFUL... HAVE THEY GIVEN UP GOLD BASHING...? PERHAPS IT JUST DOESN'T PAY IN A THIN MARKET TO FIGHT REALITY!
THE MARKET RESPONSE TOMORROW WILL BE INTERESTING...
MY HUNCH IS THAT WE GET A SUBSTANTIAL SELL OFF...PERHAPS AS MUCH AS 200 POINTS "ON THE NEWS"...
THE USUAL PUNDITS WILL SPOUT THE USUAL BULLSHIT...
"THE FED KNOWS SOMETHING WE DON'T."
"BERNANKE WANTS AN INSURANCE POLICY..." WELL, MAYBE BERNANKE SHOULD BE INSURING THE DOLLAR FROM IT'S RECENT PLUNGE...
THERE MIGHT EVEN BE SOME ORGANIZED OPPOSITION TO THIS CUT AS BEING "UNNECESSARY" AND EVEN "RISKY" GIVEN THE DISMAL STATE OF THE DOLLAR AND THE COMMODITIES MARKETS...ESPECIALLY GOLD AND OIL...
I DON'T REALLY SEE A BIG RALLY HERE... I MEAN A RALLY ON WHAT...THE BANKS ARE ON THE ROPES...AND THE FED IS IN NEAR PANIC MODE...DESPITE THE DISMAL DOLLAR AND RECORD HIGH OIL... ALSO THE MARKET IS ALREADY WAY OVER BOUGHT AND NEAR RECORD HIGHS THAT ARE LIKELY UNJUSTIFIED UNDER CURRENT CONDITIONS.
THERE IS THE POSSIBILITY THAT THE FED SHILLS WILL FREEZE THE MARKET AFTER THE ANNOUCEMENT OF THE RATE CUT... THIS "DISTRIBUTION" STYLE HANDING OF TOUCHY SITUATIONS IS MORE COMMON...BUT REALLY SHOWS THAT THERE IS FEAR IN THE CENTRAL BANK ABOUT THEIR ACTIONS... A DISTRIBUTION MARKET TOMORROW WOULD BE THE MOST DANGEROUS SIGN OF THINGS TO COME...
GOLD AND OIL REMAIN THE LONG TERM NO BRAINERS... EVEN MORE SO IF THE FED AND IT'S SHILLS HAVE LOST THE ABILITY TO PULL OFF A CONVINCING "COMMODITIES BASH"...LIKE IN THE PAST...
STAY TUNED...THIS IS GOING TO BE VERY INTERESTING...
THE FEAR BEING THAT THE CUT WILL IMPACT THE DOLLAR...AND THE OIL MARKET...QUICKLY.
NO ONE CARES ABOUT THE DOLLAR...BUT ANY OIL INCREASE WOULD BE HEADLINE NEWS.
SO...A LITTLE "GROUND WORK" HAD TO BE LAID FOR THE COMING CUT...
THAT NATURALLY MEANS THAT OIL IS TOO LOW...AND COULD BE A BUY... OCCASIONALLY THE SHILLS CAN GET SOME MOMO ACTION GOING WITH THESE FED SHILLING MOVES... BUT IT'S USUALLY SHORT LIVED...
A GOLD BASH WAS TRIED... BUT WAS NOT AS SUCCESSFUL... HAVE THEY GIVEN UP GOLD BASHING...? PERHAPS IT JUST DOESN'T PAY IN A THIN MARKET TO FIGHT REALITY!
THE MARKET RESPONSE TOMORROW WILL BE INTERESTING...
MY HUNCH IS THAT WE GET A SUBSTANTIAL SELL OFF...PERHAPS AS MUCH AS 200 POINTS "ON THE NEWS"...
THE USUAL PUNDITS WILL SPOUT THE USUAL BULLSHIT...
"THE FED KNOWS SOMETHING WE DON'T."
"BERNANKE WANTS AN INSURANCE POLICY..." WELL, MAYBE BERNANKE SHOULD BE INSURING THE DOLLAR FROM IT'S RECENT PLUNGE...
THERE MIGHT EVEN BE SOME ORGANIZED OPPOSITION TO THIS CUT AS BEING "UNNECESSARY" AND EVEN "RISKY" GIVEN THE DISMAL STATE OF THE DOLLAR AND THE COMMODITIES MARKETS...ESPECIALLY GOLD AND OIL...
I DON'T REALLY SEE A BIG RALLY HERE... I MEAN A RALLY ON WHAT...THE BANKS ARE ON THE ROPES...AND THE FED IS IN NEAR PANIC MODE...DESPITE THE DISMAL DOLLAR AND RECORD HIGH OIL... ALSO THE MARKET IS ALREADY WAY OVER BOUGHT AND NEAR RECORD HIGHS THAT ARE LIKELY UNJUSTIFIED UNDER CURRENT CONDITIONS.
THERE IS THE POSSIBILITY THAT THE FED SHILLS WILL FREEZE THE MARKET AFTER THE ANNOUCEMENT OF THE RATE CUT... THIS "DISTRIBUTION" STYLE HANDING OF TOUCHY SITUATIONS IS MORE COMMON...BUT REALLY SHOWS THAT THERE IS FEAR IN THE CENTRAL BANK ABOUT THEIR ACTIONS... A DISTRIBUTION MARKET TOMORROW WOULD BE THE MOST DANGEROUS SIGN OF THINGS TO COME...
GOLD AND OIL REMAIN THE LONG TERM NO BRAINERS... EVEN MORE SO IF THE FED AND IT'S SHILLS HAVE LOST THE ABILITY TO PULL OFF A CONVINCING "COMMODITIES BASH"...LIKE IN THE PAST...
STAY TUNED...THIS IS GOING TO BE VERY INTERESTING...
BUY EVERY DIP IN GOLD...
EVEN IF THE FED DOESN'T CUT...GOLD IS STILL THE INVESTMENT OF CHOICE...AS THE UNDERLYING PROBLEMS ARE STILL UNSOLVEABLE...NO MATTER WHAT THE FED DOES...
MARKET WILL CRASH WHEN FED CUTS TOMORROW!
THE FED IS LOOKING AT THE WRONG DATA...THE DOLLAR AND OIL ARE WHERE THE REAL PROBLEMS ARE...
AND THERE IS NOTHING THE FED CAN DO ABOUT THE BAD CREDIT ISSUES...EXCEPT LET THEM FALL...
SO THE COMING RATE CUT WILL DO A LOT OF HARM...AND WILL REALLY HELP NO ONE IN THE LONG RUN...
AT SOME POINT THE FED HAS TO LEVEL WITH THE PUBLIC ABOUT THE "ODD" NATURE OF THE US MACROECONOMIC POSITION...
THE TRADE DEFICIT IS NOW STRUCTURAL...AND CAN'T BE CHANGED SHORT OF A CONSUMER DEPRESSION IN THE US...
THE US USED THE DOLLAR AS A SHIELD AGAINST LONG TERM SUSTAINABLE POLICY FOR TOO LONG...AND NOW IT'S TIME TO PAY UP...
CHINA WANTS THEIR MONEY...OR THEY WANT US ASSETS... DEAL WITH IT...
AND THE WEAK DOLLAR WILL CAUSE MORE TROUBLE THAN IT CURES...
AND THERE IS NOTHING THE FED CAN DO ABOUT THE BAD CREDIT ISSUES...EXCEPT LET THEM FALL...
SO THE COMING RATE CUT WILL DO A LOT OF HARM...AND WILL REALLY HELP NO ONE IN THE LONG RUN...
AT SOME POINT THE FED HAS TO LEVEL WITH THE PUBLIC ABOUT THE "ODD" NATURE OF THE US MACROECONOMIC POSITION...
THE TRADE DEFICIT IS NOW STRUCTURAL...AND CAN'T BE CHANGED SHORT OF A CONSUMER DEPRESSION IN THE US...
THE US USED THE DOLLAR AS A SHIELD AGAINST LONG TERM SUSTAINABLE POLICY FOR TOO LONG...AND NOW IT'S TIME TO PAY UP...
CHINA WANTS THEIR MONEY...OR THEY WANT US ASSETS... DEAL WITH IT...
AND THE WEAK DOLLAR WILL CAUSE MORE TROUBLE THAN IT CURES...
BLOOMBERG FINALLY MENTIONS THE DOLLAR...
SUDDENLY BLOOMBERG IS DOING THE DOLLAR IN EVERY STORY...
HMMMM....YA THINK THEY READ GLOOM AND DOOM...? NAH.... I DOUBT IT.
P.S. GOSH, BLOOMBERG IS ALL "WEAK DOLLAR" STORIES ALL THE TIME NOW... GO FIGURE!
HMMMM....YA THINK THEY READ GLOOM AND DOOM...? NAH.... I DOUBT IT.
P.S. GOSH, BLOOMBERG IS ALL "WEAK DOLLAR" STORIES ALL THE TIME NOW... GO FIGURE!
RATE CUT CAN'T HELP...BUT IT COULD HURT!!
SO WHY EXACTLY ARE WE GETTING THIS RATE CUT...? TO HELP THE HEDGE FUNDS SORT OUT THEIR DERIVATIVE ISSUES...?
ON A FUNDAMENTAL LEVEL THE WEAK DOLLAR IS A REALITY NOW...AND IT'S CAUSING OIL TO SPIKE....
IF OIL SPIKES TO $95 THE DAY AFTER THEN RATE CUT...WHAT THEN...?
ON A FUNDAMENTAL LEVEL THE WEAK DOLLAR IS A REALITY NOW...AND IT'S CAUSING OIL TO SPIKE....
IF OIL SPIKES TO $95 THE DAY AFTER THEN RATE CUT...WHAT THEN...?
WAS HOUSE FLIPPING THE "NEW DAYTRADING?"
THE AMERICAN ECONOMY IS TOTALLY DEPENDENT ON "ASSET INFLATION"...
IN THE LATE 90'S WE HAD THE "DAYTRADERS...." REMEMBER THEM...?
RECENTLY THE DAYTRADERS HAVE BEEN..."HOUSE FLIPPERS"....
BUT WHAT KIND OF ASSET FLIPPING....WITH BE NEXT...
WITHOUT ASSET INFLATION THE US DOESN'T REALLY HAVE AN ECONOMY...
AND THE DECLINE IN THE DOLLAR COULD MAKE THE "NEW BUBBLE" HARD TO FIND...
UNLESS IT'S GOLD, OIL....AND OTHER HARD ASSETS THAT HAVE NOT BEEN "FLIPPED" RECENTLY... PERHAPS COLLECTIBLES AND ART...? OR GENERAL SPECULATION IN THE COMMODITIES AREA...?
IN THE LATE 90'S WE HAD THE "DAYTRADERS...." REMEMBER THEM...?
RECENTLY THE DAYTRADERS HAVE BEEN..."HOUSE FLIPPERS"....
BUT WHAT KIND OF ASSET FLIPPING....WITH BE NEXT...
WITHOUT ASSET INFLATION THE US DOESN'T REALLY HAVE AN ECONOMY...
AND THE DECLINE IN THE DOLLAR COULD MAKE THE "NEW BUBBLE" HARD TO FIND...
UNLESS IT'S GOLD, OIL....AND OTHER HARD ASSETS THAT HAVE NOT BEEN "FLIPPED" RECENTLY... PERHAPS COLLECTIBLES AND ART...? OR GENERAL SPECULATION IN THE COMMODITIES AREA...?
MASSIVE CREDIT CARD DEBT...AN NO "HOUSE" ATM TO REFI THESE DEBTS...!
NO BUNKY YOU CAN'T GO BANKRUPT...KONGRESS AND THE BANKS CLOSED THAT "LOOPHOLE" A FEW YEARS AGO...
BERNANKE WILL ONLY CUT BY 50 BP...!
I THOUGHT HE'D GO FOR 100 BP BUT I SUPPOSE THE STREET CAN STILL RALLY WILDLY ON 50...
OF COURSE THERE IS A POSSIBILITY THAT THE STREET WILL VIEW ANY CUT AS "PROOF" THAT BERNANKE "KNOWS SOMETHING" WE DON'T KNOW ABOUT THE ECONOMY....AND THINGS ARE GOING TO GET MUCH WORSE... THIS COULD CAUSE A SHARP SELL OFF RIGHT AFTER THE FED MEETING...
ANY CUT WILL HAVE TO BE JUSTIFIED IN THE FED STATEMENT...AND THAT WILL REQUIRE AT LEAST SOME COMMENT ON "WEAK CONDITION" IN BANKING AND SUBPRIME...
OF COURSE THERE IS A POSSIBILITY THAT THE STREET WILL VIEW ANY CUT AS "PROOF" THAT BERNANKE "KNOWS SOMETHING" WE DON'T KNOW ABOUT THE ECONOMY....AND THINGS ARE GOING TO GET MUCH WORSE... THIS COULD CAUSE A SHARP SELL OFF RIGHT AFTER THE FED MEETING...
ANY CUT WILL HAVE TO BE JUSTIFIED IN THE FED STATEMENT...AND THAT WILL REQUIRE AT LEAST SOME COMMENT ON "WEAK CONDITION" IN BANKING AND SUBPRIME...
BERNANKE'S GOAL: RISK FREE WALL STREET!!
IF BERNANKE IS GOING TO LOWER RATES UNTIL ALL RISK IS OUT OF WALL STREET SPECULATION... WE ARE FUCKIN' DOOM!!
THE FED WOULD HAVE TO PRINT MONEY DAY AND NIGHT FOR YEARS...TO COVER ALL THE DERIVATIVE RISK...AND VIRTUAL MONEY CREATED BY THE SPECULATORS!!
DOES THE FED HAVE TO "FUND" EVERYTHING THE ASSHOLES ON THE STREET COME UP WITH...!! WE ARE DOOMED IF THAT'S THE CASE...
BUT TO READ THE PUNDITS YOU'D HAVE TO CONCLUDE THAT THE FED'S JOB IS THE COMPLETELY ELIMINATE ALL RISK OF LOSS TO THE SPECULATING CLASSES...
WHY?
WELL BECAUSE IF THEY "FAIL" BAD THINGS WILL HAPPEN TO THE ECONOMY!!
BUT IF THE FED TRIES TO PRINT ALL THE MONEY WALL STREET IS DEMANDING TO BAIL OUT THE EXCESS SPECULATION...THE DOLLAR IS DOOMED...AND THE US ECONOMY IS FLUSHED DOWN THE TOILET...
UNLESS AND UNTIL THE FED STANDS UP TO THE WALL STREET TOUTS THE US ECONOMY WILL REMAIN ONE SICK PUPPY IN THE WORLD ECONOMY...
YES, I KNOW YOU'D THINK THE ELITES WOULD SEE THE "OBVIOUS" COMING...
BUT "THEY" MISSED IT IN IRAQ TOO...SO DON'T BE SO SURE THESE PEOPLE "KNOW WHAT THEY ARE DOING"....! THE ELITES HAVE A VERY BAD TRACK RECORD OVER THE LAST MANY YEARS...!!
THE FED WOULD HAVE TO PRINT MONEY DAY AND NIGHT FOR YEARS...TO COVER ALL THE DERIVATIVE RISK...AND VIRTUAL MONEY CREATED BY THE SPECULATORS!!
DOES THE FED HAVE TO "FUND" EVERYTHING THE ASSHOLES ON THE STREET COME UP WITH...!! WE ARE DOOMED IF THAT'S THE CASE...
BUT TO READ THE PUNDITS YOU'D HAVE TO CONCLUDE THAT THE FED'S JOB IS THE COMPLETELY ELIMINATE ALL RISK OF LOSS TO THE SPECULATING CLASSES...
WHY?
WELL BECAUSE IF THEY "FAIL" BAD THINGS WILL HAPPEN TO THE ECONOMY!!
BUT IF THE FED TRIES TO PRINT ALL THE MONEY WALL STREET IS DEMANDING TO BAIL OUT THE EXCESS SPECULATION...THE DOLLAR IS DOOMED...AND THE US ECONOMY IS FLUSHED DOWN THE TOILET...
UNLESS AND UNTIL THE FED STANDS UP TO THE WALL STREET TOUTS THE US ECONOMY WILL REMAIN ONE SICK PUPPY IN THE WORLD ECONOMY...
YES, I KNOW YOU'D THINK THE ELITES WOULD SEE THE "OBVIOUS" COMING...
BUT "THEY" MISSED IT IN IRAQ TOO...SO DON'T BE SO SURE THESE PEOPLE "KNOW WHAT THEY ARE DOING"....! THE ELITES HAVE A VERY BAD TRACK RECORD OVER THE LAST MANY YEARS...!!
Monday, October 29, 2007
ASSHOLE ALERT! ASSHOLE ALERT!
I CAN'T BELIEVE THIS ASSHOLE IN THE LINK STORY...
"The dollar has weakened, but not so much," said Paul Horsnell, head of commodities research at Barclays Capital in London. I'm a little skeptical it's a major influence at this point."
STUPIDITY RULES!! FED CUTS DESPITE PREDICTED OIL DISASTER!!
CAN BERNANKE BE SUED FOR MALPRACTICE...!!
THIS GUY IS OUT OF CONTROL...AND TOTALLY OUT OF TOUCH WITH REALITY ON MAIN STREET USA...
HE IS TOTALLY THE STOOGE OF THE HEDGE FUNDS AND THE SPECULATORS!
THIS GUY IS OUT OF CONTROL...AND TOTALLY OUT OF TOUCH WITH REALITY ON MAIN STREET USA...
HE IS TOTALLY THE STOOGE OF THE HEDGE FUNDS AND THE SPECULATORS!
GOLD AND OIL SOAR AS DOLLAR PLUNGES!!
THE MANIA CONTINUES...WITH THE ELITES DESPERATE TO PRESERVE A SYSTEM THAT IS ROTTEN TO THE CORE...!!
PODHORETZ AND OTHER ZIONIST FANATICS ARE OUT OF CONTROL!!
BEWARE THE NEOCON-ZIONIST RUSH TO DESTROY AMERICA!!
THESE PEOPLE ARE CLEARLY INSANE...AND A DANGER TO THEMSELVES AND THE WORLD.
THESE PEOPLE ARE CLEARLY INSANE...AND A DANGER TO THEMSELVES AND THE WORLD.
SMART MONEY WILL DUMP BEFORE THE RATE CUT!
BUY THE RUMOR...BUT GET THE HELL OUT BEFORE THE FACT...!
ESPECIALLY IN THIS SHIT FOR BRAINS TYPE OF MARKET...!
ESPECIALLY IN THIS SHIT FOR BRAINS TYPE OF MARKET...!
HEALTH INSURANCE CONTINUES TO LOOT US ECONOMY!
ALMOST AS GOOD AS OIL...AND THE BROKERAGE PAPER PUSHERS...!
IF BERNANKE CUTS....STOCKS WILL CRASH!!
WATCH THIS CRUEL PARADOX UNFOLD RIGHT HERE!!
BOOKMARK THIS PAGE NOW...YOU'RE GONNA NEED IT LATER...
THE FED'S HALLOWEEN TREAT WILL TURN INTO A TRICK...VERY VERY FAST!!
THE STANDARD YADA YADA WILL BE "HE KNOWS SOMETHING ABOUT THE ECONOMY THAT WE DON'T...!" THE REAL REASON WILL BE THE WEAKER DOLLAR AND HIGHER OIL...
BOOKMARK THIS PAGE NOW...YOU'RE GONNA NEED IT LATER...
THE FED'S HALLOWEEN TREAT WILL TURN INTO A TRICK...VERY VERY FAST!!
THE STANDARD YADA YADA WILL BE "HE KNOWS SOMETHING ABOUT THE ECONOMY THAT WE DON'T...!" THE REAL REASON WILL BE THE WEAKER DOLLAR AND HIGHER OIL...
MARKETS FROZEN WITH FEAR OF "SUCCESS!"
AFTER BITCHING ALL MONTH FOR YET ANOTHER RATE CUT...THE MARKETS SEEM FROZEN IN FEAR THAT THAT GROSS INCOMPETENT...BERNANKE...IS ACTUALLY GOING TO GIVE THEM WHAT THEY WANT...!!
WHAT A PARADOX!
EVERYONE KNOWS THAT ANOTHER RATE CUT WOULD BE A DISASTER FOR THE DOLLAR AND OIL...
BUT THE SLAVISH FED IS ON AUTO-PILOT WHEN IT COMES TO "PLEASING THE SPECULATORS!"
THE IDEA OF "TOUGH LOVE" AND "TAKING THE PUNCHBOWL AWAY" ARE TOTALLY OBSOLETE, NEVER EVEN CONSIDERED!
...AND "SO 20TH CENTURY" THESE DAYS!!
LIKE A SPOILED CHILD...WALL STREET...AWAITS IT'S "TREAT"...KNOWING FULL WELL THAT IT WILL BE A DISASTER IN THE LONG RUN...!!
I SUPPOSE THERE IS SOME SMALL HOPE THAT THE FED WILL GIVE THE SPECULATORS A "TRICK" AND NOT THE TREAT THEY HAVE BEEN BELLYACHING FOR... WE' SOON SEE...
VERY SAD REALLY...
WHAT A PARADOX!
EVERYONE KNOWS THAT ANOTHER RATE CUT WOULD BE A DISASTER FOR THE DOLLAR AND OIL...
BUT THE SLAVISH FED IS ON AUTO-PILOT WHEN IT COMES TO "PLEASING THE SPECULATORS!"
THE IDEA OF "TOUGH LOVE" AND "TAKING THE PUNCHBOWL AWAY" ARE TOTALLY OBSOLETE, NEVER EVEN CONSIDERED!
...AND "SO 20TH CENTURY" THESE DAYS!!
LIKE A SPOILED CHILD...WALL STREET...AWAITS IT'S "TREAT"...KNOWING FULL WELL THAT IT WILL BE A DISASTER IN THE LONG RUN...!!
I SUPPOSE THERE IS SOME SMALL HOPE THAT THE FED WILL GIVE THE SPECULATORS A "TRICK" AND NOT THE TREAT THEY HAVE BEEN BELLYACHING FOR... WE' SOON SEE...
VERY SAD REALLY...
GOLD STOCKS SOAR ON FED INCOMPETENCE!!
WELL, WE LIVE IN THE "GOLDEN AGE OF INCOMPETENCE" NOWADAYS DON'T WE...
BLOOMBERG PURGES "WEAK DOLLAR" STORY...
BLOOMBERG NEVER MENTIONS THE WEAK DOLLAR...ALMOST PRETENDING IT DOESN'T EXIST... ONLY THE FT REPORTS ON THE DOLLAR... BLOOMSBERG'S CONSTANT CHOICE TO PLEASE THE SPECULATING COMMUNITY MAKES THEM A POOR SOURCE FOR REAL NEWS... I CONSIDER BLOOMBERG TO BE STRICTLY A "TOUT SITE" LIKE THESTREET.COM
P.S. THEY PUT THE STORY BACK NOW... WELL GOODY! EVEN BULLSHIT HAS LIMITS...
P.S. THEY PUT THE STORY BACK NOW... WELL GOODY! EVEN BULLSHIT HAS LIMITS...
IF BERNANKE CUTS RATES....HE SHOULD BE FIRED IMMEDIATELY!
CONGRESS HAS TO STEP IN TO SAVE THE US DOLLAR FROM FED INCOMPETENCE!
THE FED HAS BECOME THE TOOL OF WALL STREET...AND IS TAKING THE US ECONOMY DOWN TO WRECK AND RUIN...SIMPLY TO CODDLE THE SPECULATING CLASSES...
IF BERNANKE CUTS THIS WEEK...IN THE FACE OF A PLUNGING DOLLAR AND SOARING OIL...HE SHOULD BE IMPEACHED AND DISCHARGED BY CONGRESS IMMEDIATELY....
THE ROAD TO DISASTER IS PAVED WITH WALL STREET'S GREED...AND THIS SPINELESS FED CHIEF'S SLAVISH FEAR OF THE SPECULATING CLASSES!!
THE FED HAS BECOME THE TOOL OF WALL STREET...AND IS TAKING THE US ECONOMY DOWN TO WRECK AND RUIN...SIMPLY TO CODDLE THE SPECULATING CLASSES...
IF BERNANKE CUTS THIS WEEK...IN THE FACE OF A PLUNGING DOLLAR AND SOARING OIL...HE SHOULD BE IMPEACHED AND DISCHARGED BY CONGRESS IMMEDIATELY....
THE ROAD TO DISASTER IS PAVED WITH WALL STREET'S GREED...AND THIS SPINELESS FED CHIEF'S SLAVISH FEAR OF THE SPECULATING CLASSES!!
BERNANKE: SLAVE OF GREED!! DOLLAR DOOMED!! INFLATION LOOMS!!
ARE WE NUTS YET...?
WHAT THIS IS GOING ON IN THE MARKETS IS PROOF THAT GREED IS BEHIND EVERYTHING ON WALL STREET...
THE FED "DOESN'T WANT TO CUT"...."DOESN'T NEED TO CUT" BUT IS GOING TO CUT...!!!!
EVEN AS THE DOLLAR PLUNGES AND GOLD AN OIL HAVE BECOME "NO-BRAINER" INVESTMENTS...!!!!
THIS WOULD BE LAUGHABLE IF IT WEREN'T SO SAD AND DISASTROUS FOR THE AMERICAN ECONOMY....WHICH APPEARS TO BE TAKING A BACK SEAT TO WALL STREET SPECULATION AND GREED AT THIS POINT...
TRULY AND HISTORIC MOMENT...HISTORIANS WILL LOOK BACK AT THIS THE WAY THEY DO AT THE GERMAN INFLATION OF THE 1920'S AND SAY: "WHAT WERE THEY THINKING...!"
OF COURSE, THE UNDERLYING TRUTH IS THAT THE US ECONOMY IS DOOMED ANYWAY BY IT'S OWN INCONSISTENCIES...FOR EXAMPLE..."WE DON'T MAKE THINGS ANYMORE..."
THAT LITTLE NOTION HAS NEVER BEEN TRIED IN THE HISTORY OF ECONOMICS...THE NOTION THAT A NATIONAL ECONOMY CAN SURVIVE BEING TOTALLY "NON-PRODUCTIVE"...
UNLESS YOU COUNT WALL STREET'S "INDUSTRY" OF SPINNING BULLSHIT AND PAPER INTO "GOLD."
ANYWAY, I SEE IT HAPPENING... AND I STILL CAN'T BELIEVE IT... BUT I GUESS THIS IS WHAT "THE END" ALWAYS LOOKS LIKE WHEN YOU'RE LIVING THROUGH IT...
AN INTERNAL "LOGIC" TAKES HOLD THAT SAYS..."GO FASTER"... EVEN WHEN YOU SEE THAT YOU'RE HEADING FOR A BRICK WALL...!!"
WHAT THIS IS GOING ON IN THE MARKETS IS PROOF THAT GREED IS BEHIND EVERYTHING ON WALL STREET...
THE FED "DOESN'T WANT TO CUT"...."DOESN'T NEED TO CUT" BUT IS GOING TO CUT...!!!!
EVEN AS THE DOLLAR PLUNGES AND GOLD AN OIL HAVE BECOME "NO-BRAINER" INVESTMENTS...!!!!
THIS WOULD BE LAUGHABLE IF IT WEREN'T SO SAD AND DISASTROUS FOR THE AMERICAN ECONOMY....WHICH APPEARS TO BE TAKING A BACK SEAT TO WALL STREET SPECULATION AND GREED AT THIS POINT...
TRULY AND HISTORIC MOMENT...HISTORIANS WILL LOOK BACK AT THIS THE WAY THEY DO AT THE GERMAN INFLATION OF THE 1920'S AND SAY: "WHAT WERE THEY THINKING...!"
OF COURSE, THE UNDERLYING TRUTH IS THAT THE US ECONOMY IS DOOMED ANYWAY BY IT'S OWN INCONSISTENCIES...FOR EXAMPLE..."WE DON'T MAKE THINGS ANYMORE..."
THAT LITTLE NOTION HAS NEVER BEEN TRIED IN THE HISTORY OF ECONOMICS...THE NOTION THAT A NATIONAL ECONOMY CAN SURVIVE BEING TOTALLY "NON-PRODUCTIVE"...
UNLESS YOU COUNT WALL STREET'S "INDUSTRY" OF SPINNING BULLSHIT AND PAPER INTO "GOLD."
ANYWAY, I SEE IT HAPPENING... AND I STILL CAN'T BELIEVE IT... BUT I GUESS THIS IS WHAT "THE END" ALWAYS LOOKS LIKE WHEN YOU'RE LIVING THROUGH IT...
AN INTERNAL "LOGIC" TAKES HOLD THAT SAYS..."GO FASTER"... EVEN WHEN YOU SEE THAT YOU'RE HEADING FOR A BRICK WALL...!!"
INSANITY RULES!!
TO DESCRIBE THE NEXT FEW WEEKS WILL BE IMPOSSIBLE... ONLY SOMEONE WHO HAS LIVED THROUGH THE WIEMAR REPUBLICS MONETARY DEBACLE COULD DO IT...AND THEY ARE ALL DEAD...
THE PLUNGE IN THE DOLLAR AND THE WILD RISE IN GOLD AND OIL...ARE SIMPLY NOT HEALTHY...
BUT THAT IS NOT WHAT WALL STREET WANTS NOW... WALL STREET ONLY CARES ABOUT DAILY RALLIES...AT ANY COST. THE FACT THAT THE NEED TO RALLY DAILY IS RUINING THE REAL ECONOMY IN THE US DOESN'T SEEM TO MATTER TO ANYONE...
NOT EVEN THE FED!!
AND THAT IS REALLY SCARY... IT'S TIME TO HAVE THE CRISIS...TO LET NATURE TAKE IT'S COURSE AND THEN TO SET THE COUNTERS BACK TO ZERO...AND LET THE GROWN UPS TAKE CHARGE...
LIKELY THAT WILL NOT HAPPEN UNTIL AFTER 2009...WITH THE NEW ADMINISTRATION AND THE "NEW THINKING" THAT WILL SURELY BE NECESSARY...
THESE ARE THE FINAL SAD AND DEPRESSING DAZE OF THE INSANE "REAGANOMICS" THAT INFECTED THE US ECONOMY TWENTY FIVE YEARS AGO.
AND ARE ONLY NOW COMING TO THEIR DISASTEROUS AND LONG OVER DUE END...
THE PLUNGE IN THE DOLLAR AND THE WILD RISE IN GOLD AND OIL...ARE SIMPLY NOT HEALTHY...
BUT THAT IS NOT WHAT WALL STREET WANTS NOW... WALL STREET ONLY CARES ABOUT DAILY RALLIES...AT ANY COST. THE FACT THAT THE NEED TO RALLY DAILY IS RUINING THE REAL ECONOMY IN THE US DOESN'T SEEM TO MATTER TO ANYONE...
NOT EVEN THE FED!!
AND THAT IS REALLY SCARY... IT'S TIME TO HAVE THE CRISIS...TO LET NATURE TAKE IT'S COURSE AND THEN TO SET THE COUNTERS BACK TO ZERO...AND LET THE GROWN UPS TAKE CHARGE...
LIKELY THAT WILL NOT HAPPEN UNTIL AFTER 2009...WITH THE NEW ADMINISTRATION AND THE "NEW THINKING" THAT WILL SURELY BE NECESSARY...
THESE ARE THE FINAL SAD AND DEPRESSING DAZE OF THE INSANE "REAGANOMICS" THAT INFECTED THE US ECONOMY TWENTY FIVE YEARS AGO.
AND ARE ONLY NOW COMING TO THEIR DISASTEROUS AND LONG OVER DUE END...
ASSET INFLATION BLOW OUT!!!
EVERYTHING IS SOARIING!! UP! UP! UP!....
GOLD! OIL! STOCKS!....PAPER MONEY IS PLUNGING LIKE A STONE!!!
DON'T HOLD PAPER MONEY!! IT'S NEARLY WORTHLESS... THE FED IS PRINTING MONEY LIKE A MANIAC TO KEEP THE ASSET PRICES HIGH...!!
YES THERE WILL BE INFLATION IN THE "REAL ECONOMY" BUT THAT IS DOWN THE ROAD A FEW MONTHS...
RIGHT NOW WE ARE IN THE ULTIMATE SHORT TERM THINKING MODE...AND IT HAS INFECTED THE HIGHEST LEVELS OF MONETARY POLICY...RIGHT UP TO BERNANKE AND THE FED...!!
IT'S ALL SHORT TERM NOW!! AND IT'S ALL ABOUT EVER MORE ASSET INFLATION...AND THE TRASHING OF THE US DOLLAR TO UNHEARD OF LEVELS...
THE US ECONOMY IS A HOLLOW SHELL...AND SO IT'S MONEY SHOULD BE A HOLLOW AND WORTHLESS SHELL TO...
THAT'S THE STORY FOR THE REST OF THE DISMAL AND DISASTEROUS YEAR...!!
ASSET INFLATION FOREVER! THE DOLLAR BE DAMNED...!
GOLD! OIL! STOCKS!....PAPER MONEY IS PLUNGING LIKE A STONE!!!
DON'T HOLD PAPER MONEY!! IT'S NEARLY WORTHLESS... THE FED IS PRINTING MONEY LIKE A MANIAC TO KEEP THE ASSET PRICES HIGH...!!
YES THERE WILL BE INFLATION IN THE "REAL ECONOMY" BUT THAT IS DOWN THE ROAD A FEW MONTHS...
RIGHT NOW WE ARE IN THE ULTIMATE SHORT TERM THINKING MODE...AND IT HAS INFECTED THE HIGHEST LEVELS OF MONETARY POLICY...RIGHT UP TO BERNANKE AND THE FED...!!
IT'S ALL SHORT TERM NOW!! AND IT'S ALL ABOUT EVER MORE ASSET INFLATION...AND THE TRASHING OF THE US DOLLAR TO UNHEARD OF LEVELS...
THE US ECONOMY IS A HOLLOW SHELL...AND SO IT'S MONEY SHOULD BE A HOLLOW AND WORTHLESS SHELL TO...
THAT'S THE STORY FOR THE REST OF THE DISMAL AND DISASTEROUS YEAR...!!
ASSET INFLATION FOREVER! THE DOLLAR BE DAMNED...!
Sunday, October 28, 2007
MEGA RICH PARTY WHILE MOST AMERICANS FEAR HOMOSEXUALS AND JESUS!
AT LEAST THE REPUBLICANS HAVE "KEPT US SAFE" FROM HOMOSEXUALS WHO ARE TRYING TO FORCE US TO HAVE ABORTIONS...!
JESUS LIVES!....BUT HE'S A REPUBLICAN!
JESUS LIVES!....BUT HE'S A REPUBLICAN!
IRAQ THREATENS TURKEY....!
WHO BELIEVES THAT THE TURKS WILL BE THE LAST TO INVADE A PART OF IRAQ...?
NO ONE... THIS IS JUST THE BEGINNING OF FOREIGN INVOLVEMENT IN THE INTERNAL AFFAIRS OF IRAQ...
NO ONE... THIS IS JUST THE BEGINNING OF FOREIGN INVOLVEMENT IN THE INTERNAL AFFAIRS OF IRAQ...
POX AMERICANA....
WILL IT END WHEN THE WAR CRIMINAL IN THE WHITE HOUSE IS FINALLY OUT THE DOOR...?
MORE LATER...
MORE LATER...
WILL BERNANKE KISS WALL STREET'S ASS...AGAIN?
OF COURSE...BERNANKE CAN NOT SURVIVE WITHOUT WALL STREET AND WALL STREET CAN' T SURVIVE WITHOUT THE ASSET BUBBLES...
THE BIG LOSERS...? THE FOREIGN ASSHOLES WHO ARE STUCK HOLDING THE DOLLAR...
OF COURSE SOME OF THESE FOREIGNERS THINK THEY ARE GOING TO "BUY UP" US ASSETS ON THE CHEAP...
WELL, MY ADVISE IS RENT A CAR AND TAKE A DRIVE DOWN THE BLUE HIGHWAYS OF AMERICA AND SEE HOW HOLLOWED OUT THIS RUST BUCKET ECONOMY IS... THERE IS REALLY NOTHING HERE OF VALUE ANYMORE...ESPECIALLY IN FLY-OVER-COUNTRY.
MY ADVISE TO YOUNG AMERICANS...UNDER 30...IS GET THE HELL OUT OF HERE WHILE YOU STILL HAVE SOME MARKETABILITY TO OTHER COUNTRIES LIKE AUSTRALIA, CANADA, THE UK...OR EVEN EUROLAND...
THERE IS NO FUTURE FOR THE US...OR THE SAD ASSHOLES WHO ARE STUCK LIVING HERE...OR THE PITIFUL JERKS WHO ARE HOLDING WORTHLESS US DOLLARS...
THE BIG LOSERS...? THE FOREIGN ASSHOLES WHO ARE STUCK HOLDING THE DOLLAR...
OF COURSE SOME OF THESE FOREIGNERS THINK THEY ARE GOING TO "BUY UP" US ASSETS ON THE CHEAP...
WELL, MY ADVISE IS RENT A CAR AND TAKE A DRIVE DOWN THE BLUE HIGHWAYS OF AMERICA AND SEE HOW HOLLOWED OUT THIS RUST BUCKET ECONOMY IS... THERE IS REALLY NOTHING HERE OF VALUE ANYMORE...ESPECIALLY IN FLY-OVER-COUNTRY.
MY ADVISE TO YOUNG AMERICANS...UNDER 30...IS GET THE HELL OUT OF HERE WHILE YOU STILL HAVE SOME MARKETABILITY TO OTHER COUNTRIES LIKE AUSTRALIA, CANADA, THE UK...OR EVEN EUROLAND...
THERE IS NO FUTURE FOR THE US...OR THE SAD ASSHOLES WHO ARE STUCK LIVING HERE...OR THE PITIFUL JERKS WHO ARE HOLDING WORTHLESS US DOLLARS...
KUDOS TO MCLAUGHLIN GROUP FOR SEEING DOLLAR/OIL LINK!
ALL THE USUAL ASSHOLES MISSED IT...!
I'LL PUT A LINK TO THIS VERY INSIGHTFUL SHOW ON THE SIDEBAR...
MCLAUGHLIN IS NOT EXACTLY A PROGRESSIVE...BUT HE IS A REALIST...AND REFUSES TO SLAVISHLY KOW-TOW TO THE WALL STREET/WASHINGTON FANTASY LINE ON MANY ISSUES...
UNLIKE, SAY, THE MEGA-ASSHOLE PUNDIT, GEORGE WILL, ON ABC...AND WHO STILL PROVIDES HIS BRAND OF DRIVEL TO THE WASHINGTON POST...
I'LL PUT A LINK TO THIS VERY INSIGHTFUL SHOW ON THE SIDEBAR...
MCLAUGHLIN IS NOT EXACTLY A PROGRESSIVE...BUT HE IS A REALIST...AND REFUSES TO SLAVISHLY KOW-TOW TO THE WALL STREET/WASHINGTON FANTASY LINE ON MANY ISSUES...
UNLIKE, SAY, THE MEGA-ASSHOLE PUNDIT, GEORGE WILL, ON ABC...AND WHO STILL PROVIDES HIS BRAND OF DRIVEL TO THE WASHINGTON POST...
Saturday, October 27, 2007
IRANIAN BACKED SHIA GOVERNMENT...SHUNS SUNNIS...SHIA ONLY WANT US MONEY!!
BUT THEY ACCEPT AMERICAN MONEY, (CASH PREFERRED)...AND THEY LOVE TO LIVE IN THE US PROTECTED "GREEN ZONE...!"
WHAT IS HAPPENING IS THE AMERICANS ARE REALIZING THAT THEY DEFEATED THEIR "FRIEND" THE SUNNIS...AND EMPOWERED THEIR NATURAL ENEMY...THE IRANIAN BACK SHIA....
ONLY THE STUPID WAR CRIMINAL, BUSH...COULD MAKE A MISTAKE OF THAT MAGNITUDE...
THE DEMOCRATS WILL FIGURE THIS ALL OUT...AFTER THE ELECTIONS IN 2008...
BUT SURVIVING THE BUSH INSANITY TILL THEN WILL BE THE REAL TRICK...
WHAT IS HAPPENING IS THE AMERICANS ARE REALIZING THAT THEY DEFEATED THEIR "FRIEND" THE SUNNIS...AND EMPOWERED THEIR NATURAL ENEMY...THE IRANIAN BACK SHIA....
ONLY THE STUPID WAR CRIMINAL, BUSH...COULD MAKE A MISTAKE OF THAT MAGNITUDE...
THE DEMOCRATS WILL FIGURE THIS ALL OUT...AFTER THE ELECTIONS IN 2008...
BUT SURVIVING THE BUSH INSANITY TILL THEN WILL BE THE REAL TRICK...
MARKETS BECOME INSANE...
RECORD HIGH OIL...A PLUNGING DOLLAR...MILLIONS OF FORECLOSED HOUSES...AN UNFUNDED WAR THAT IS COSTING TRILLIONS...A STRUCTURAL TRADE DEFICIT AND A DE-INDUSTRIALIZED ECONOMY THAT DOESN'T "MAKE ANYTHING"...UNLESS YOU COUNT WALL STREET'S MAGIC TRICK OF MIXING BULLSHIT WITH PAPER AND MAKING IT INTO "GOLD!"
THE BLOATED DOW AT OR NEAR AN ALL TIME HIGH... HEALTH CARE OUT OF CONTROL AND GETTING WORSE... SOCIAL SECURITY AND MEDICARE IN CRISIS...AND THE RICH HOARDING MOST OF THE NATIONAL INCOME AND WEALTH THANKS TO THE BUSH TAX CUTS!
AND A FED THAT IS FULL SCALE PANIC MODE...AND WILLING TO DO ANYTHING THE INTERNATIONAL SPECULATORS DEMAND THAT IT DO...
BEST OF TIMES BUNKY....! THIS MARKET IS GOING TO THE MOON!!
MOONSHOT! MOONSHOT! MOONSHOT!!
THE BLOATED DOW AT OR NEAR AN ALL TIME HIGH... HEALTH CARE OUT OF CONTROL AND GETTING WORSE... SOCIAL SECURITY AND MEDICARE IN CRISIS...AND THE RICH HOARDING MOST OF THE NATIONAL INCOME AND WEALTH THANKS TO THE BUSH TAX CUTS!
AND A FED THAT IS FULL SCALE PANIC MODE...AND WILLING TO DO ANYTHING THE INTERNATIONAL SPECULATORS DEMAND THAT IT DO...
BEST OF TIMES BUNKY....! THIS MARKET IS GOING TO THE MOON!!
MOONSHOT! MOONSHOT! MOONSHOT!!
BUY OIL AND SHORT THE DOLLAR: A NO-BRAINER TRADE.
YESTERDAY WHEN OIL HIT A RECORD 93...THE USUAL PUNDITS, EXPERTS, TRADERS, PROFESSORS OF ECONOMICS AND OTHER ASSORTED ASSHOLES WERE ASKED TO COMMENT...
THE USUAL FARE WAS: "WELL ITS THE SPECULATORS WORRIED ABOUT THE MIDDLE EAST." OR "DEMAND FROM CHINA IS CAUSING SUPPLY SHORTAGES."
NO ONE...NOT ONE...NOTED THE FACT THAT OIL AND THE DOLLAR ARE JOINED AT THE HIP...
THE BEST WAY TO "PLAY" THE STRUCTURALLY WEAK DOLLAR IS TO...NOT BUY GOLD...BUT BUY OIL WHICH IS PRICED IN DOLLARS GLOBALLY!
NO ONE SAW THIS...
BUT I'VE GOT A HUNCH THAT THIS NOTION OF SHORTING THE DOLLAR AND GOING LONG OIL IS A MASSIVE PLAY NOW AMONG THE HEDGE FUNDS!!
AND AMAZINGLY IT IS A WIN WIN SITUATION...!
CONSIDER...THE HIGHER OIL GOES...THE SLOWER THE US ECONOMY GETS...THE LOWER BERNANKE WILL GO ON RATES...WHICH WILL WEAKEN THE DOLLAR FURTHER...THUS CAUSING OIL TO RISE MORE...CAUSING THE US ECONOMY TO SLOW FURTHER...CAUSING BERNANKE TO LOWER RATES EVEN MORE....!
IT'S PURE GENIUS!!! THIS IS A NO LOSE PERPETUAL MOTION MACHINE!!
LIKE MOST PARADOXES IT REQUIRES THE PERSON IN CONTROL TO ACT COUNTERINTUITIVELY....
IT'S LIKE SKIING THE MOGULS IN COLORADO...YOU'RE FIRST REACTION IS TO GO SIDEWAYS TO SLOW DOWN...BUT THAT PUTS YOU IN AN EVER FASTER DEATH PLUNGE...THE WAY TO SLOW DOWN ON A MOGUL FIELD IS TO POINT THE SKIS DIRECTLY DOWN HILL AND LET THE BUMPS SLOW YOU DOWN... THIS IS TOTALLY COUNTER-INTUITIVE...AND SEEMS LIKE A DEATH WISH...BUT IT ISN'T...
SO TO WITH BERNANKE...HE HAS TO RISE RATES TO "SAVE" THE US ECONOMY! THE EVER WEAKER DOLLAR IS A DEATH TRAP...JUST LIKE TRAVERSING IN THE MOGULS...!
UNLESS BERNANKE LEARNS THIS LITTLE TRICK...HE COULD BE HEADING FOR A "YARD SALE" STYLE CRASH AND BURN...
AND THE US ECONOMY WILL BE DOING A MAJOR "FACE PLANT" VERY SOON!!
THE USUAL FARE WAS: "WELL ITS THE SPECULATORS WORRIED ABOUT THE MIDDLE EAST." OR "DEMAND FROM CHINA IS CAUSING SUPPLY SHORTAGES."
NO ONE...NOT ONE...NOTED THE FACT THAT OIL AND THE DOLLAR ARE JOINED AT THE HIP...
THE BEST WAY TO "PLAY" THE STRUCTURALLY WEAK DOLLAR IS TO...NOT BUY GOLD...BUT BUY OIL WHICH IS PRICED IN DOLLARS GLOBALLY!
NO ONE SAW THIS...
BUT I'VE GOT A HUNCH THAT THIS NOTION OF SHORTING THE DOLLAR AND GOING LONG OIL IS A MASSIVE PLAY NOW AMONG THE HEDGE FUNDS!!
AND AMAZINGLY IT IS A WIN WIN SITUATION...!
CONSIDER...THE HIGHER OIL GOES...THE SLOWER THE US ECONOMY GETS...THE LOWER BERNANKE WILL GO ON RATES...WHICH WILL WEAKEN THE DOLLAR FURTHER...THUS CAUSING OIL TO RISE MORE...CAUSING THE US ECONOMY TO SLOW FURTHER...CAUSING BERNANKE TO LOWER RATES EVEN MORE....!
IT'S PURE GENIUS!!! THIS IS A NO LOSE PERPETUAL MOTION MACHINE!!
LIKE MOST PARADOXES IT REQUIRES THE PERSON IN CONTROL TO ACT COUNTERINTUITIVELY....
IT'S LIKE SKIING THE MOGULS IN COLORADO...YOU'RE FIRST REACTION IS TO GO SIDEWAYS TO SLOW DOWN...BUT THAT PUTS YOU IN AN EVER FASTER DEATH PLUNGE...THE WAY TO SLOW DOWN ON A MOGUL FIELD IS TO POINT THE SKIS DIRECTLY DOWN HILL AND LET THE BUMPS SLOW YOU DOWN... THIS IS TOTALLY COUNTER-INTUITIVE...AND SEEMS LIKE A DEATH WISH...BUT IT ISN'T...
SO TO WITH BERNANKE...HE HAS TO RISE RATES TO "SAVE" THE US ECONOMY! THE EVER WEAKER DOLLAR IS A DEATH TRAP...JUST LIKE TRAVERSING IN THE MOGULS...!
UNLESS BERNANKE LEARNS THIS LITTLE TRICK...HE COULD BE HEADING FOR A "YARD SALE" STYLE CRASH AND BURN...
AND THE US ECONOMY WILL BE DOING A MAJOR "FACE PLANT" VERY SOON!!
Friday, October 26, 2007
MERRILL HIRES COUNTRYWIDE'S ACCOUNTANTS~~~ SUBPRIME CRISIS DECLARED OVER!!
IN FACT IT NEVER HAPPEN...
IT WAS ALL A FIGMENT OF THE LIBERAL MEDIA'S OVER ACTIVE BUSH HATING IMAGINATION...!
IT WAS ALL A FIGMENT OF THE LIBERAL MEDIA'S OVER ACTIVE BUSH HATING IMAGINATION...!
FED OUT OF CONTOL!!
MASSIVE ASSET INFLATION SOUGHT AT ANY COST...!
BERNANKE THE BARTENDER FOR WALL STREET SPECULATORS...!!
NOT "LENDER OF LAST RESORT"...MORE LIKE THE JUICEMAN FOR EVERMORE ASSET INFLATION...
WELL, NOW THE DOLLAR IS COLLAPSING... SO THAT WILL PUT THE KYBOSH ON THAT...
BERNANKE THE BARTENDER FOR WALL STREET SPECULATORS...!!
NOT "LENDER OF LAST RESORT"...MORE LIKE THE JUICEMAN FOR EVERMORE ASSET INFLATION...
WELL, NOW THE DOLLAR IS COLLAPSING... SO THAT WILL PUT THE KYBOSH ON THAT...
MANIA IN FULL SWING...DOW COULD SOAR 1000 POINTS NEXT WEEK!
THIS IS NOW A MANIA...!
IT'S TOTALLY OUT OF CONTROL!!
THE FED IS OPERATING UNDER RULES THAT NO ONE HAS EVER SEEN BEFORE...!
IT'S TOTALLY OUT OF CONTROL!!
THE FED IS OPERATING UNDER RULES THAT NO ONE HAS EVER SEEN BEFORE...!
THE JUICE MAN COMETH! BERNANKE WILL CUT 100 BP!!
BERNANKE WILL CUT RATES BY 100 BP ON HALLOWEEN TO GOOSE THE MARKETS TO INSANE LEVELS OF OVER VALUATION...
WHY? BECAUSE THAT'S THE JOB OF THE NEW MODERN DAY FED CHAIRMAN...!
HAVEN'T YOU BEEN WATCHING...?
THE HIGHER OIL GOES...THE HIGHER THE DOW GOES...AND THE LOWER RATES WILL PLUNGE...
THE DOLLAR OF COURSE IS FINISHED AS A GLOBAL RESERVE CURRENCY...JUST LOOK AT GOLD TODAY FOR PROOF!!
DOW 18,000 BY THE END OF THIS YEAR IS STILL POSSIBLE...AND THAT HAS BEEN MY PREDICTION ALL ALONG...
THE NEXT MONTHS ARE GOING TO BE LIKE SOMETHING OUT OF CENTRAL BANKING HORROR MOVIE...!
AND THE FED WILL KICK OFF THIS "CHAMBER OF HORRORS" ON HALLOWEEN NITE...!!
SO STAY TUNED...THIS IS GOING TO BE VERY VERY INTERESTING!
(IF IT ISN'T INTERESTING ENOUGH TO HAVE YOU HYPERVENTILATING ALREADY!!)
HEY, YOU AIN'T SEEN NUTTIN YET...
NEXT WEEK IS GOING TO BE WRITTEN ABOUT BY HISTORIANS FOR CENTURIES TO COME...!
BECAUSE NEXT WEEK THE B-MAN KICKS OVER THE DAMN PUNCHBOWL.... AND TURNS A FIREHOSE ON THE GLOBAL FINANCIAL MARKETS!!
NOW THAT'S WHAT I'D CALL "LIQUIDITY!!"
WHY? BECAUSE THAT'S THE JOB OF THE NEW MODERN DAY FED CHAIRMAN...!
HAVEN'T YOU BEEN WATCHING...?
THE HIGHER OIL GOES...THE HIGHER THE DOW GOES...AND THE LOWER RATES WILL PLUNGE...
THE DOLLAR OF COURSE IS FINISHED AS A GLOBAL RESERVE CURRENCY...JUST LOOK AT GOLD TODAY FOR PROOF!!
DOW 18,000 BY THE END OF THIS YEAR IS STILL POSSIBLE...AND THAT HAS BEEN MY PREDICTION ALL ALONG...
THE NEXT MONTHS ARE GOING TO BE LIKE SOMETHING OUT OF CENTRAL BANKING HORROR MOVIE...!
AND THE FED WILL KICK OFF THIS "CHAMBER OF HORRORS" ON HALLOWEEN NITE...!!
SO STAY TUNED...THIS IS GOING TO BE VERY VERY INTERESTING!
(IF IT ISN'T INTERESTING ENOUGH TO HAVE YOU HYPERVENTILATING ALREADY!!)
HEY, YOU AIN'T SEEN NUTTIN YET...
NEXT WEEK IS GOING TO BE WRITTEN ABOUT BY HISTORIANS FOR CENTURIES TO COME...!
BECAUSE NEXT WEEK THE B-MAN KICKS OVER THE DAMN PUNCHBOWL.... AND TURNS A FIREHOSE ON THE GLOBAL FINANCIAL MARKETS!!
NOW THAT'S WHAT I'D CALL "LIQUIDITY!!"
TALK THE HAPPY TALK...WALK THE HAPPY WALK
THE STREET IS CRASH PROOF...DON'T WORRY...
THE FED IS THE PROTECTOR OF WALL STREET SPECULATORS...
THE FED IS THE PROTECTOR OF WALL STREET SPECULATORS...
STOCKS WILL SOAR ON RECORD OIL PRICES!!
AT LEAST...AFTER 2PM...THEY WILL SOAR...
YOU KNOW THE DRILL....TO "HIDE" THE REAL PROBLEMS IN THE MARKET...WITH A "GOOD" HEADLINE NUMBER AT THE END OF THE DAY...
BUT WHO ARE THESE MARKET FOLKS REALLY HIDING THE TRUTH FROM...?
EXCEPT FROM THEMSELVES? SOONER OR LATER REALITY WILL COME OUT...
YOU KNOW THE DRILL....TO "HIDE" THE REAL PROBLEMS IN THE MARKET...WITH A "GOOD" HEADLINE NUMBER AT THE END OF THE DAY...
BUT WHO ARE THESE MARKET FOLKS REALLY HIDING THE TRUTH FROM...?
EXCEPT FROM THEMSELVES? SOONER OR LATER REALITY WILL COME OUT...
Thursday, October 25, 2007
IS THE 2PM RALLY HERE TO STAY...?
WELL PROBABLY UNTIL YOU BUY IT...
THEN IT WILL BECOME THE 3PM PLUNGE....!
I MEAN THESE PROGRAM TRADES KICK IN RIGHT ON THE HOUR MARK EVERYTIME... WASSUP... CAN'T THEY AT LEAST TRY TO MAKE IT LOOK..."NOT FAKE?"
THE DOW CHARTS FOR THE LAST TWO DAZE HAVE LOOKED SO "MANAGED..." IT'S ALMOST AS IF 13500 IS BEING "PROTECTED."
THEN IT WILL BECOME THE 3PM PLUNGE....!
I MEAN THESE PROGRAM TRADES KICK IN RIGHT ON THE HOUR MARK EVERYTIME... WASSUP... CAN'T THEY AT LEAST TRY TO MAKE IT LOOK..."NOT FAKE?"
THE DOW CHARTS FOR THE LAST TWO DAZE HAVE LOOKED SO "MANAGED..." IT'S ALMOST AS IF 13500 IS BEING "PROTECTED."
HUGE CRASH JUST DAYS AWAY...!
I CAN'T EXPLAIN IT...BUT I CAN FEEL IT... IT'S A BLOW OFF TOP...TOTAL MANIA...
ALL THE CHIPS ARE BEING CALLED IN... THE MARKET HAS PAINTED ITSELF INTO A CORNER... THE FED IS REALLY FROZEN BECAUSE OF THE CURRENCY AND COMMODITIES DEBACLE...
SOMETHING IS GOING ON HERE THAT JUST DOESN'T FEEL RIGHT...
INSIDERS ARE DUMPING SO FAST THAT THE FED'S CAN'T ARREST THEM ALL!
WASSUP...? MY HUNCH IS THAT A 600 TO 800 POINT CRASH IS JUST DAYS AWAY...
ALL THE CHIPS ARE BEING CALLED IN... THE MARKET HAS PAINTED ITSELF INTO A CORNER... THE FED IS REALLY FROZEN BECAUSE OF THE CURRENCY AND COMMODITIES DEBACLE...
SOMETHING IS GOING ON HERE THAT JUST DOESN'T FEEL RIGHT...
INSIDERS ARE DUMPING SO FAST THAT THE FED'S CAN'T ARREST THEM ALL!
WASSUP...? MY HUNCH IS THAT A 600 TO 800 POINT CRASH IS JUST DAYS AWAY...
MARKETS STEALTH CRASH...! MASSIVE DISTRIBUTION!!
YESTERDAY MERRILL LOSES 8 BILLION...NO PROBLEM.
DOW DOWN A POINT...
TODAY, OIL GUSHES UP 3.00+ TO OVER $90...
NO PROBLEM DOW SLIGHTLY DOWN...
BUT, IN BOTH CASES THE UNDERLYING MARKET IS IN TROUBLE...
THERE ARE HUGE LOSSES IN SOME STOCKS LIKE WELLPOINT TODAY...AND THE VOLUME IS GETTING HIGH...DESPITE THE SEEMINGLY PLACID "HEADLINE" CLOSING NUMBER...
FOR THOSE WHO DON'T FOLLOW THE MARKET...IT WOULD APPEAR THAT EVERYTHING IS PEACHY...JUST A LITTLE TURBULENCE...BUT NOTHING TO WORRY ABOUT...
THIS IS "DISTRIBUTION" OF THE HIGHEST ORDER...!
AND FROM THE RECENT NEWS ABOUT "INSIDER TRADING" ON A MASSIVE SCALE...WE COULD BE SEEING:
THE MOTHER OF ALL DISTRIBUTION MARKETS!!
AND WHEN THAT HAPPENS ....YOU KNOW A MAJOR CRASH IS JUST AROUND THE CORNER...
DOW DOWN A POINT...
TODAY, OIL GUSHES UP 3.00+ TO OVER $90...
NO PROBLEM DOW SLIGHTLY DOWN...
BUT, IN BOTH CASES THE UNDERLYING MARKET IS IN TROUBLE...
THERE ARE HUGE LOSSES IN SOME STOCKS LIKE WELLPOINT TODAY...AND THE VOLUME IS GETTING HIGH...DESPITE THE SEEMINGLY PLACID "HEADLINE" CLOSING NUMBER...
FOR THOSE WHO DON'T FOLLOW THE MARKET...IT WOULD APPEAR THAT EVERYTHING IS PEACHY...JUST A LITTLE TURBULENCE...BUT NOTHING TO WORRY ABOUT...
THIS IS "DISTRIBUTION" OF THE HIGHEST ORDER...!
AND FROM THE RECENT NEWS ABOUT "INSIDER TRADING" ON A MASSIVE SCALE...WE COULD BE SEEING:
THE MOTHER OF ALL DISTRIBUTION MARKETS!!
AND WHEN THAT HAPPENS ....YOU KNOW A MAJOR CRASH IS JUST AROUND THE CORNER...
RICE, THE WAR CRIMINAL, HAS NO CREDIBILITY LEFT
I SUSPECT THAT COLIN WILL BE TESTIFYING AGAINST THE WHOLE LOT OF THEM BEFORE THIS IS OVER...
MARKET AWASH IN "HAPPY TALK!"
CONSTANT HAPPY TALK IS ALL WALL STREET HAS GOING FOR IT THESE DAYS...
BUT THE REALITIES ARE SETTING IN....UNDER THE WHITE NOISE OF THE TALKING HEADS...AND THEIR CONSTANT HAPPY TALK...
THIS BUBBLE IS ALMOST FINISHED...THE REAL QUESTION IS WILL BERNANKE DAMAGE THE DOLLAR SO BAD THAT WE ENTER A 1970'S STYLE STAGFLATION...?
THE URGE TO "HELP" THE SPECULATORS ON THE STREET IS STRONG IN WASHINGTON AND ON WALL STREET... BUT THERE ARE LIMITS...AND THOSE LIMITS ARE BEING TESTED EVERYDAY...
JUST UNDER THE HEADLINES AND THE HYPE...AND THE CONSTANT HAPPY TALK...
BUT THE REALITIES ARE SETTING IN....UNDER THE WHITE NOISE OF THE TALKING HEADS...AND THEIR CONSTANT HAPPY TALK...
THIS BUBBLE IS ALMOST FINISHED...THE REAL QUESTION IS WILL BERNANKE DAMAGE THE DOLLAR SO BAD THAT WE ENTER A 1970'S STYLE STAGFLATION...?
THE URGE TO "HELP" THE SPECULATORS ON THE STREET IS STRONG IN WASHINGTON AND ON WALL STREET... BUT THERE ARE LIMITS...AND THOSE LIMITS ARE BEING TESTED EVERYDAY...
JUST UNDER THE HEADLINES AND THE HYPE...AND THE CONSTANT HAPPY TALK...
OIL AND GOLD MOVE UP...NO STOPPING THEM NOW.
THE GOLD BASH TRADE...THAT IS SO ESSENTIAL TO THE BUBBLE...IS NOT WORKING ANYMORE...
AND THAT IS VERY VERY KEY...
AND THAT IS VERY VERY KEY...
DOLLAR AT 143 ON EURO...AND FALLING FAST!
BERNANKE THE SLAVE OF WALL STREET SPECULATORS!!
SELL THE DOLLAR!!
DOLLAR COULD HIT 145 BY NOVEMBER 1ST...
SELL THE DOLLAR!!
DOLLAR COULD HIT 145 BY NOVEMBER 1ST...
SUCKERS BUY THE LIE...!
LOOK FOR MORE AND MORE "MANUFACTURED" GOOD NEWS...
RIGHT NOW THE ECONOMY IS IN FREE FALL...AND THE ONLY HOPE FOR WALL STREET IS THAT THE SUCKERS CAN BE CONVINCED AGAIN... TO "BUY THE LIE...."
HEY...ITS WORKED IN THE PAST...
RIGHT NOW THE ECONOMY IS IN FREE FALL...AND THE ONLY HOPE FOR WALL STREET IS THAT THE SUCKERS CAN BE CONVINCED AGAIN... TO "BUY THE LIE...."
HEY...ITS WORKED IN THE PAST...
Wednesday, October 24, 2007
GREENSPAN TRASHED US ECONOMY AND GOT AWAY WITH IT!!
PUNCHBOWL FILLED TO OVER FLOWING ALL THE TIME...!
ANY RATE CUT WILL PUSH OIL OVER $100!!
THE FED IS WALKING ON EGGS NOW... ANY FURTHER RATE CUTS TO RESTORE THE BUBBLES ON WALL STREET....WILL SURELY PUT OIL OVER 100...AND THE DOLLAR WILL PLUNGE! PERHAPS TO 15O ON THE EURO...
SO FAR THE MARKET HAS BEEN MERCIFUL ON THE DOLLAR AND ON GAS PRICES...DESPITE THE HUGE RUN UP IN OIL LATELY...
ANOTHER RATE CUT WILL CUT SHORT THE "PITY FUCK" THE MARKET HAS BEEN GIVING BERNANKE ABOUT THE DISMAL STATE OF US MONETARY AND FISCAL POLICY
SO FAR THE MARKET HAS BEEN MERCIFUL ON THE DOLLAR AND ON GAS PRICES...DESPITE THE HUGE RUN UP IN OIL LATELY...
ANOTHER RATE CUT WILL CUT SHORT THE "PITY FUCK" THE MARKET HAS BEEN GIVING BERNANKE ABOUT THE DISMAL STATE OF US MONETARY AND FISCAL POLICY
FED DESPERATE TO BRING BACK THE BUBBLE!!
IT'S ALL ABOUT THE BUBBLES FOR BERNANKE NOW...
THERE IS NO REAL ECONOMY LEFT IN THE US...
THERE IS NO REAL ECONOMY LEFT IN THE US...
GOLD AND OIL SOAR AS DOLLAR PLUNGES...
MARKETS ARE GETTING DESPERATE FOR ANY SHREAD OF TWISTED NEWS TO RALLY ON...
I WOULD'NT BE SURPRISED BY A 100 POINT RALLY TODAY IN THE LAST MINUTES...THAT'S JUST HOW DESPERATE THESE MISERABLE PEOPLE ARE...
ALAS, THEY WILL LOSE THEIR BETS...AND THEIR SPECULATIVE FORTUNES...AS ALL OF THIS CLASS OF PEOPLE HAVE DONE FROM BIBLICAL TIMES TO THE PRESENT...
THERE IS NO RATIONALITY LEFT...EVEN THE FED IS A HOPELESS HYPSTER AT THIS DISMAL POINT...
I WOULD'NT BE SURPRISED BY A 100 POINT RALLY TODAY IN THE LAST MINUTES...THAT'S JUST HOW DESPERATE THESE MISERABLE PEOPLE ARE...
ALAS, THEY WILL LOSE THEIR BETS...AND THEIR SPECULATIVE FORTUNES...AS ALL OF THIS CLASS OF PEOPLE HAVE DONE FROM BIBLICAL TIMES TO THE PRESENT...
THERE IS NO RATIONALITY LEFT...EVEN THE FED IS A HOPELESS HYPSTER AT THIS DISMAL POINT...
DOW DISPLAYS A PITIFUL DESPERATION...
SAD TO SEE THIS REALLY... BUT REALITY SIMPLY CAN NOT BE DENIED FOREVER...
YOU'D THINK THEY'D SEE THIS...BUT THERE IS SO MUCH MONEY AND HOPES AND DREAMS DEPENDANT ON THE BUBBLE THAT TRUTH AND REALITY MUST BE DENIED TO THE VERY BITTER END...
SO SAD...SO PITIFUL... BUT THERE YOU HAVE IT...
YOU'D THINK THEY'D SEE THIS...BUT THERE IS SO MUCH MONEY AND HOPES AND DREAMS DEPENDANT ON THE BUBBLE THAT TRUTH AND REALITY MUST BE DENIED TO THE VERY BITTER END...
SO SAD...SO PITIFUL... BUT THERE YOU HAVE IT...
1000 POINT DOWN DAY COMING SOON...
OLD LOW WILL BE TESTED...SOON. CRASH COULD COME IN EARLY NOVEMBER...
US MARKETS RIGGED! TRUTH REVEALED...
INVISIBLE HAND REVEALED!! PLUNGE PROTECTION EXPOSED!!
WHY IT'S ALL BEEN FAKE FOR YEARS!!
WHY IT'S ALL BEEN FAKE FOR YEARS!!
CALIFORNIA ABANDON! LEFT TO BURN TO A CRISP!
WELL AT LEAST THE "BIG ONE"...THE EARTHQUAKE...WON'T HAVE MUCH TO KNOCK DOWN IF AND WHEN IT HAPPENS..
MILLION DOLLAR HOMES...NOW TOAST!! ...INSURANCE COMPANIES WIPED OUT? MILLIONAIRES NOW HOMELESS! KATRINA...NOT!
MILLION DOLLAR HOMES...NOW TOAST!! ...INSURANCE COMPANIES WIPED OUT? MILLIONAIRES NOW HOMELESS! KATRINA...NOT!
DOW DOOMED BY REALITY!
AT SOME POINT...IT REALLY MAKES NO DIFFERENCE HOW MUCH LIQUIDITY BERNANKE DUMPS INTO THE SYSTEM...
SADDLY THE NOTION OF "TAKING AWAY THE PUNCHBOWL" IS A RELIC OF THE 20TH CENTURY... TODAY THE FED IS SEEN AS AN ENDLESS FOUNTAIN OF PAPER DOLLARS FOR THE SPECULATING CLASSES...THE REAL ECONOMY BE DAMNED!
AFTER ALL THE SPECULATING CLASSES ARE THE US ECONOMY NOW...AND THEY MUST BE KEPT HAPPY LEST THEY TOO DECIDE TO DUMP THE DOLLAR AND MOVE OFF SHORE.
BERNANKE AND THE FED SEEM TO THINK THAT PRINTING EVER MORE DOLLARS IS THE WAY TO "SAVE" THE BUBBLE PRONE US ECONOMY...
THEY ARE WRONG! AS WE SHALL SOON FIND OUT...
HYPERLIQUIDITY AND ASSET INFLATION CAN NOT BE "CURED" BY MORE LIQUIDITY...IT'S JUST THAT SIMPLE...
THE TRILLION DOLLAR "OFF THE BOOKS" WAR BY THE WAR CRIMINAL AND MONSTER, BUSH, IS NOT INSPIRING CONFIDENCE FROM US BOND HOLDERS...
AND I'M SURE CHINA ETAL ARE LOOKING FOR AN EXIT STRATEGY FROM THE DOLLAR AND THE US BOND MARKET...ASAP.
SADDLY THE NOTION OF "TAKING AWAY THE PUNCHBOWL" IS A RELIC OF THE 20TH CENTURY... TODAY THE FED IS SEEN AS AN ENDLESS FOUNTAIN OF PAPER DOLLARS FOR THE SPECULATING CLASSES...THE REAL ECONOMY BE DAMNED!
AFTER ALL THE SPECULATING CLASSES ARE THE US ECONOMY NOW...AND THEY MUST BE KEPT HAPPY LEST THEY TOO DECIDE TO DUMP THE DOLLAR AND MOVE OFF SHORE.
BERNANKE AND THE FED SEEM TO THINK THAT PRINTING EVER MORE DOLLARS IS THE WAY TO "SAVE" THE BUBBLE PRONE US ECONOMY...
THEY ARE WRONG! AS WE SHALL SOON FIND OUT...
HYPERLIQUIDITY AND ASSET INFLATION CAN NOT BE "CURED" BY MORE LIQUIDITY...IT'S JUST THAT SIMPLE...
THE TRILLION DOLLAR "OFF THE BOOKS" WAR BY THE WAR CRIMINAL AND MONSTER, BUSH, IS NOT INSPIRING CONFIDENCE FROM US BOND HOLDERS...
AND I'M SURE CHINA ETAL ARE LOOKING FOR AN EXIT STRATEGY FROM THE DOLLAR AND THE US BOND MARKET...ASAP.
YEN CARRY TRADE AND DOLLAR DOOMED!
THAT'S REALLY WHAT'S PREVENTING A MAJOR GLOBAL DEPRESSION...THE CARRY TRADE AND THE DOLLAR...
ALAS, BOTH ARE DOOMED BY THE LAWS OF MACROECONOMICS...WHICH SOONER OR LATER WILL KICK IN...
THE "GOAL" OF THE BROKERAGES AND THEIR SHILLS IN WASHINGTON AND AT THE FED...IS TO DENY THE EXISTENCE OF MACROECONOMIC THEORY FOR AS LONG AS POSSIBLE...
AND THAT, GENTLE READER, IS GETTING HARDER AND HARDER TO DO AS TIME GOES BY...
ALAS, BOTH ARE DOOMED BY THE LAWS OF MACROECONOMICS...WHICH SOONER OR LATER WILL KICK IN...
THE "GOAL" OF THE BROKERAGES AND THEIR SHILLS IN WASHINGTON AND AT THE FED...IS TO DENY THE EXISTENCE OF MACROECONOMIC THEORY FOR AS LONG AS POSSIBLE...
AND THAT, GENTLE READER, IS GETTING HARDER AND HARDER TO DO AS TIME GOES BY...
AMAZON JUST ANOTHER RETAILER NOW...
THE NOTION THAT AMAZON IS A "TECH STOCK" IS A LITTLE OLD...
AMAZON IS REALLY JUST ANOTHER RETAILER NOW...WITH STRONG EXPOSURE TO THE PLIGHT OF THE AMERICAN CONSUMER....WHETHER THAT BE IN HOUSE PRICE DECLINES, CREDIT CARD DEBT, OR LOW WAGE JOBS...
THE BIG RIVER IS REALLY IN THE SAME LEAGUE WITH TARGET, KMART, MACYS AND WALMART...
AS GOES WALMART SO TOO SHOULD GO AMAZON...
AMAZON IS REALLY JUST ANOTHER RETAILER NOW...WITH STRONG EXPOSURE TO THE PLIGHT OF THE AMERICAN CONSUMER....WHETHER THAT BE IN HOUSE PRICE DECLINES, CREDIT CARD DEBT, OR LOW WAGE JOBS...
THE BIG RIVER IS REALLY IN THE SAME LEAGUE WITH TARGET, KMART, MACYS AND WALMART...
AS GOES WALMART SO TOO SHOULD GO AMAZON...
Tuesday, October 23, 2007
CALIFORNIA BURNING AND LEARNING THE LESSONS OF THE "OLD ONES!"
THE ANASAZI INDIANS OF THE OLD SOUTH WEST LEARNED THAT LIVING IN A DESERT IS NOT A SUSTAINABLE LIFESTYLE...
ALAS, THE MODERN CALIFORNIANS ARE NOW LEARNING WHAT THE "OLD ONES" WELL KNEW 800 YEARS AGO...
ALAS, THE MODERN CALIFORNIANS ARE NOW LEARNING WHAT THE "OLD ONES" WELL KNEW 800 YEARS AGO...
MARKETS FAKE JOY PERSISTS...
WHERE IS ALL THIS JOY COMING FROM...
WELL FOR ONE THING THE FED HAS PRETTY MUCH TOLD THE MARKETS THAT THEY WILL NOT BE ALLOWED TO FAIL...
THE FED WILL PUMP AND PUMP AND PUMP UNTIL THE PUMP AND DUMP AND ASSET INFLATION IS UP AND RUNNING...NO MATTER WHAT...
SO WITH THE CONFIDENCE THAT THE FED WILL DO ANYTHING IN IT'S POWER TO SAVE THE MARKET AND KEEP THE PUNCH BOWL FILLED TO OVERFLOWING...
WHY NOT JUST RALLY ON...? THIS IS A MARKET THAT REALLY HAS NO SUSTAINABLE DOWNSIDE RISK...
AND THE FED WILL DESTROY THE DOLLAR IF IT HAS TO TO PROVE IT...
AND THAT IS WHERE THE REAL TROUBLE WILL COME IN...WITH THE DOLLAR AND THE COMMODITIES MARKETS...
COST PULL INFLATION IS THE REAL ENEMY...NOT THE 1970'S STYLE WAGE PUSH INFLATION OF THE PAST...
THE MARKETS ARE AWASH WITH FED LIQUIDITY...AND THAT MONEY WILL FIND A HOME...EVEN IF IT'S IN THE OIL AND GOLD MARKETS EVENTUALLY...
THE REAL PROBLEM IS THE BUBBLES FOREVER MENTALITY IN THE FED AND ON WALL STREET... SO THE FAKE JOY PERSISTS...IT'S NOT RATIONALLY EXPLAINABLE...BUT IT'S THERE...
WELL FOR ONE THING THE FED HAS PRETTY MUCH TOLD THE MARKETS THAT THEY WILL NOT BE ALLOWED TO FAIL...
THE FED WILL PUMP AND PUMP AND PUMP UNTIL THE PUMP AND DUMP AND ASSET INFLATION IS UP AND RUNNING...NO MATTER WHAT...
SO WITH THE CONFIDENCE THAT THE FED WILL DO ANYTHING IN IT'S POWER TO SAVE THE MARKET AND KEEP THE PUNCH BOWL FILLED TO OVERFLOWING...
WHY NOT JUST RALLY ON...? THIS IS A MARKET THAT REALLY HAS NO SUSTAINABLE DOWNSIDE RISK...
AND THE FED WILL DESTROY THE DOLLAR IF IT HAS TO TO PROVE IT...
AND THAT IS WHERE THE REAL TROUBLE WILL COME IN...WITH THE DOLLAR AND THE COMMODITIES MARKETS...
COST PULL INFLATION IS THE REAL ENEMY...NOT THE 1970'S STYLE WAGE PUSH INFLATION OF THE PAST...
THE MARKETS ARE AWASH WITH FED LIQUIDITY...AND THAT MONEY WILL FIND A HOME...EVEN IF IT'S IN THE OIL AND GOLD MARKETS EVENTUALLY...
THE REAL PROBLEM IS THE BUBBLES FOREVER MENTALITY IN THE FED AND ON WALL STREET... SO THE FAKE JOY PERSISTS...IT'S NOT RATIONALLY EXPLAINABLE...BUT IT'S THERE...
BUSH SHOULD JUST SHUT UP...
...AND HOPE HE ISN'T ARRESTED FOR HIS MANY CRIMES THE MINUTE HE IS OUT OF OFFICE...
IF THERE WERE ANY JUSTICE IN THE WORLD BUSH AND CHENEY WOULD BE "FROG HOPPED" OUT OF THE WHITE HOUSE ON JANUARY 20, 2009 ...IN HANDCUFFS...
THE NOTION OF SOMEONE WITH THE RECORD OF THIS "MONSTER" STARTING ANOTHER POORLY PLANNED WAR WITH IRAN...WITH JUST A FEW MONTHS TO GO IN OFFICE...IS SIMPLY INSANE...!
IF THERE WERE ANY JUSTICE IN THE WORLD BUSH AND CHENEY WOULD BE "FROG HOPPED" OUT OF THE WHITE HOUSE ON JANUARY 20, 2009 ...IN HANDCUFFS...
THE NOTION OF SOMEONE WITH THE RECORD OF THIS "MONSTER" STARTING ANOTHER POORLY PLANNED WAR WITH IRAN...WITH JUST A FEW MONTHS TO GO IN OFFICE...IS SIMPLY INSANE...!
APPLE IS WALL STREET! WALL STREET IS APPLE!
YOU BETCHA BUNKY...!
ONE FRAUD AFTER ANOTHER...WHEN WILL IT END...
SOMEDAY TO BE SURE...BUT THE LOOTING JUST KEEPS ON KEEPING ON...
IF THE FED WERE RUN AS A REAL CENTRAL BANK... AND NOT THE BARTENDER FOR THE SPECULATING CLASSES THINGS MIGHT BE DIFFERENT...THERE MIGHT BE A "FUTURE" FOR THE US ECONOMY...
BUT IT ISN'T...SO THERE IS NO FUTURE...ONLY SPECULATION, FRAUD AND DAYTRADING FOR THE FAST BUCK...UNTIL THE COLLAPSE...YET AGAIN.
ONE FRAUD AFTER ANOTHER...WHEN WILL IT END...
SOMEDAY TO BE SURE...BUT THE LOOTING JUST KEEPS ON KEEPING ON...
IF THE FED WERE RUN AS A REAL CENTRAL BANK... AND NOT THE BARTENDER FOR THE SPECULATING CLASSES THINGS MIGHT BE DIFFERENT...THERE MIGHT BE A "FUTURE" FOR THE US ECONOMY...
BUT IT ISN'T...SO THERE IS NO FUTURE...ONLY SPECULATION, FRAUD AND DAYTRADING FOR THE FAST BUCK...UNTIL THE COLLAPSE...YET AGAIN.
DOW: YIPPEE THEN DIPPY...
THIS IS REALLY NOT SOMETHING GROWNUPS SHOULD TAKE SERIOUSLY...
AND THAT REALLY IS THE WHOLE PROBLEM ISN'T IT....?
THE COMPLETE LACK OF ADULT SUPERVISION IN THE FINANCIAL MARKETS... ONLY MOMMY FED KEEPING THE PUNCH BOWL FILLED SO THE KIDS DONT CRY...
SO SAD... BUT AMERICANS ARE TOO STUPID TO DEMAND OTHERWISE...AND THAT ASSURES THE CONTINUED DECLINE OF BOTH THE US ECONOMY AND NATION.
AND THAT REALLY IS THE WHOLE PROBLEM ISN'T IT....?
THE COMPLETE LACK OF ADULT SUPERVISION IN THE FINANCIAL MARKETS... ONLY MOMMY FED KEEPING THE PUNCH BOWL FILLED SO THE KIDS DONT CRY...
SO SAD... BUT AMERICANS ARE TOO STUPID TO DEMAND OTHERWISE...AND THAT ASSURES THE CONTINUED DECLINE OF BOTH THE US ECONOMY AND NATION.
TURKEY WILL BE INSIDE IRAQ BEFORE THE END OF THIS WEEK!!
THEY ARE GOIN' IN...GET USED TO IT...
BUT ALAS, THE TURKS WILL NOT BE THE FIRST OR LAST "FOREIGN ARMY" TO BE IN IRAQ IN THE FUTURE...
THE US PRECEDENT HAS OPENED A PANDORA'S BOX OF POSSIBLE INTERVENTIONISTS...SYRIA, IRAN, THE SAUDIS, JORDAN...
LET THE STRUGGLE FOR POWER BEGIN...
BUT ALAS, THE TURKS WILL NOT BE THE FIRST OR LAST "FOREIGN ARMY" TO BE IN IRAQ IN THE FUTURE...
THE US PRECEDENT HAS OPENED A PANDORA'S BOX OF POSSIBLE INTERVENTIONISTS...SYRIA, IRAN, THE SAUDIS, JORDAN...
LET THE STRUGGLE FOR POWER BEGIN...
CAN WALL STREET LATHER UP...?
NEVER UNDER-ESTIMATE THE ABILITY OF WALL STREET TO LATHER UP WITH A VERY SMALL PIECE OF SOAP...
JUST LOOK AT APPLE'S HYPE TODAY... THERE IS NO END TO THE JOY THE STREET CAN CONJURE UP...
AT SOME POINT THE HYPE COMES UP AGAINST A REAL "DATA POINT" AND THE MARKET DECLINES... BUT FRANKLY I THINK WALL STREET IS TOO BIG TO FAIL NOW...
BUT JUST HOPE NO ONE DROPS THE SOAP BEFORE YOU'RE SAFELY OUT OF THE MARKET!
JUST LOOK AT APPLE'S HYPE TODAY... THERE IS NO END TO THE JOY THE STREET CAN CONJURE UP...
AT SOME POINT THE HYPE COMES UP AGAINST A REAL "DATA POINT" AND THE MARKET DECLINES... BUT FRANKLY I THINK WALL STREET IS TOO BIG TO FAIL NOW...
THERE SIMPLY IS NO LIFE AFTER WALL STREET FOR THE US ECONOMY....IT'S ASSET BUBBLES FOREVER...OR NOTHING!
NOW THAT'S PRETTY SCARY...UNLESS YOU LIKE ASSET BUBBLES...AND ALMOST EVERYONE DOES...!
BUT JUST HOPE NO ONE DROPS THE SOAP BEFORE YOU'RE SAFELY OUT OF THE MARKET!
Monday, October 22, 2007
DUMBLEDORE GAY!!
I THOUGHT THAT GUY WAS HANGING AROUND THE HOGWARTS INFIRMARY A LITTLE TOO MUCH!
THANK GOD ROWLING "OUTED" HIM!
SO THE RELIGIOUS RIGHT WILL HAVE TWO REASONS NOT TO BUY HER BOOKS...WITCHCRAFT...AND GAY TEACHERS!
THANK GOD ROWLING "OUTED" HIM!
SO THE RELIGIOUS RIGHT WILL HAVE TWO REASONS NOT TO BUY HER BOOKS...WITCHCRAFT...AND GAY TEACHERS!
FROM THE MOUTHS OF BUBBAS...SHOCKING NEWS...
I WAS AT A "RED STATE" FUNCTION RECENTLY WHEREIN A PARADE OF LOCAL POLITICOS WAS PASSING BY AND A COUPLE OF YOUNG FAT RED NECK GUYS WERE WITHIN HEARING RANGE...
ONE SAID OF A LOCAL DEMOCRATIC WOMAN OFFICE HOLDER... "I BET SHE'S VOTING FOR HILLARY..."
THE OTHER SAID: YEAH...I'M VOTING FOR OBAMA...!
OK WHY IS THIS IMPORTANT...?
BECAUSE LAST YEAR THESE YOUNG RED NECKS WOULD HAVE BEEN LOYAL BUSHIES!!
THIS IS A HUGE CHANGE...
BASICALLY HERE'S WHATS HAPPENING...
THE "VALUES VOTERS" WHO ARE REALLY JUST ANTI-BLACK, ANTI-GAY, ANTI-FLAG BURNING IGNORANT ASSHOLES, AND NOTHING ELSE...ARE "COMING HOME" TO THE DEMOCRATIC PARTY...AFTER A DECADE OR MORE AS "WORKING CLASS REPUBLICANS!"
THE REPUBLICANS ARE LOSING THE WHITE WORKING CLASS FOR THE FIRST TIME IN YEARS... AND I DON'T THINK THE POLLSTERS HAVE PICKED UP ON THIS YET...
THE RED NECK BUBBA VOTE IS COMING BACK TO THE DEMOCRATIC PARTY IN DROVES...
SO, "USUAL DEMOCRATS" MAY NOT COUNT AS THE BIG PERCENTAGE THEY USED TO IN THE PRIMARIES...
MY HUNCH IS THAT THE DEMOCRATIC PRIMARIES ARE GOING TO BE FLOODED WITH "NEW VOTERS"...RETURNING RED NECKS...WHO ARE DISGUSTED WITH IRAQ...WITH HEALTH CARE...WITH FREE TRADE...AND OTHER POCKET BOOK ISSUES...
THESE RED NECK MEN WILL BE STRONGLY ANTI-HILLARY...AND SEEM TO BE READY FOR OBAMA AS THE BEST NON-HILLARY ALTERNATIVE...
THERE IS A HUGE POLICITAL SHIFT TAKING PLACE AT THE GRASSROOTS LEVEL, IN "BUBBALAND."
BUT I SUSPECT THE MAINSTREAM MEDIA ARE STILL THINKING LIKE IT'S 1994...AND NEWT IS OUR PRIME MINISTER... THE MSM ARE TALKING TO THE "WRONG" DEMOCRATS...THE OLD GUARD...NOT THE RETURNING BUBBAS...WHO ARE READY FOR SOME PROGRESSIVE POLITICS AFTER TEN YEARS OF PRO-WALL STREET REPUBLICAN LOOTING...
BUBBA WANTS CHANGE BECAUSE HE'S HURTING ECONOMICALLY...
SO QUEERS AND BLACKS BE DAMNED...BUBBA'S GOING TO GET CHANGE...EVEN IF THAT MEANS VOTING FOR THE DEMOCRATS... AND RUSH CAN JUST SHUT THE FUCK UP...
ONE SAID OF A LOCAL DEMOCRATIC WOMAN OFFICE HOLDER... "I BET SHE'S VOTING FOR HILLARY..."
THE OTHER SAID: YEAH...I'M VOTING FOR OBAMA...!
OK WHY IS THIS IMPORTANT...?
BECAUSE LAST YEAR THESE YOUNG RED NECKS WOULD HAVE BEEN LOYAL BUSHIES!!
THIS IS A HUGE CHANGE...
BASICALLY HERE'S WHATS HAPPENING...
THE "VALUES VOTERS" WHO ARE REALLY JUST ANTI-BLACK, ANTI-GAY, ANTI-FLAG BURNING IGNORANT ASSHOLES, AND NOTHING ELSE...ARE "COMING HOME" TO THE DEMOCRATIC PARTY...AFTER A DECADE OR MORE AS "WORKING CLASS REPUBLICANS!"
THE REPUBLICANS ARE LOSING THE WHITE WORKING CLASS FOR THE FIRST TIME IN YEARS... AND I DON'T THINK THE POLLSTERS HAVE PICKED UP ON THIS YET...
THE RED NECK BUBBA VOTE IS COMING BACK TO THE DEMOCRATIC PARTY IN DROVES...
SO, "USUAL DEMOCRATS" MAY NOT COUNT AS THE BIG PERCENTAGE THEY USED TO IN THE PRIMARIES...
MY HUNCH IS THAT THE DEMOCRATIC PRIMARIES ARE GOING TO BE FLOODED WITH "NEW VOTERS"...RETURNING RED NECKS...WHO ARE DISGUSTED WITH IRAQ...WITH HEALTH CARE...WITH FREE TRADE...AND OTHER POCKET BOOK ISSUES...
THESE RED NECK MEN WILL BE STRONGLY ANTI-HILLARY...AND SEEM TO BE READY FOR OBAMA AS THE BEST NON-HILLARY ALTERNATIVE...
THERE IS A HUGE POLICITAL SHIFT TAKING PLACE AT THE GRASSROOTS LEVEL, IN "BUBBALAND."
BUT I SUSPECT THE MAINSTREAM MEDIA ARE STILL THINKING LIKE IT'S 1994...AND NEWT IS OUR PRIME MINISTER... THE MSM ARE TALKING TO THE "WRONG" DEMOCRATS...THE OLD GUARD...NOT THE RETURNING BUBBAS...WHO ARE READY FOR SOME PROGRESSIVE POLITICS AFTER TEN YEARS OF PRO-WALL STREET REPUBLICAN LOOTING...
BUBBA WANTS CHANGE BECAUSE HE'S HURTING ECONOMICALLY...
SO QUEERS AND BLACKS BE DAMNED...BUBBA'S GOING TO GET CHANGE...EVEN IF THAT MEANS VOTING FOR THE DEMOCRATS... AND RUSH CAN JUST SHUT THE FUCK UP...
APPLE: ROTTEN TO THE CORE...
LET'S GET ONE THING STRAIGHT...I DON'T TRUST APPLE... I NEVER HAVE TRUSTED APPLE...
THERE IS WAY TO MUCH HYPE FOR MY TASTES... IT REMINDS ME OF THOSE COMPANIES THAT HAVE GREAT RUNS UPS...AND SUDDENLY HAVE TO DO A "RE-STATEMENT" FOR THE LAST 10 YEARS!!
I DON'T GET IT... WHOSE BUYING ALL THESE APPLE COMPUTERS....? IF YOU WANT AN APPLE YOU HAVE TO GO OUT ON A LIMB FOR SOFTWARE... AND ALL THOSE I-PODS...ALL RIGHT ALREADY IT'S A FAD...THIS TOO WILL PASS.
AND THE I-PHONE...? WELL I'M UNDERWHELMED...WHEN IT CAN MAKE COFFEE IN THE MORNING I'LL BUY ONE... TILL THEN I'LL GET BY WITHOUT 10,000 "SONGS" BURSTING IN MY "EAR BUDS."
PEACE AND QUITE ARE WHAT WE NEED...NOT 10,000 SONGS! AND IF YOU HAVE 10,000 SONGS I BET THERE ARE NONE YOU REALLY WANT TO HEAR...! IF YOU HAVE 10 OR 20...THERE IS ALWAYS SOMETHING TO LISTEN TO...! ALAS, THE GREAT PARADOX OF WHEN ENOUGH IS TOO MUCH!
I DON'T TRUST APPLE...IT'S TOO "GOOGLY" FOR ME...
LET THE SUCKERS FLOCK...THE LAST ONE OUT WILL BE A ROTTEN APPLE!!
THERE IS WAY TO MUCH HYPE FOR MY TASTES... IT REMINDS ME OF THOSE COMPANIES THAT HAVE GREAT RUNS UPS...AND SUDDENLY HAVE TO DO A "RE-STATEMENT" FOR THE LAST 10 YEARS!!
I DON'T GET IT... WHOSE BUYING ALL THESE APPLE COMPUTERS....? IF YOU WANT AN APPLE YOU HAVE TO GO OUT ON A LIMB FOR SOFTWARE... AND ALL THOSE I-PODS...ALL RIGHT ALREADY IT'S A FAD...THIS TOO WILL PASS.
AND THE I-PHONE...? WELL I'M UNDERWHELMED...WHEN IT CAN MAKE COFFEE IN THE MORNING I'LL BUY ONE... TILL THEN I'LL GET BY WITHOUT 10,000 "SONGS" BURSTING IN MY "EAR BUDS."
PEACE AND QUITE ARE WHAT WE NEED...NOT 10,000 SONGS! AND IF YOU HAVE 10,000 SONGS I BET THERE ARE NONE YOU REALLY WANT TO HEAR...! IF YOU HAVE 10 OR 20...THERE IS ALWAYS SOMETHING TO LISTEN TO...! ALAS, THE GREAT PARADOX OF WHEN ENOUGH IS TOO MUCH!
I DON'T TRUST APPLE...IT'S TOO "GOOGLY" FOR ME...
LET THE SUCKERS FLOCK...THE LAST ONE OUT WILL BE A ROTTEN APPLE!!
MARKETS DESPERATE FOR JOY...!
SELL ANY BLIP...THIS THING IS WAY WAY BEYOND THE USUAL MARKET "PSYCH"...AND THE "BUY THE DIP" BULLSHIT LINE FROM THE BROKERAGES...
IT'S MACRO NOW, BABY.... DON'T STAND IN FRONT OF A "BIG MACRO!"
BUY NOW...AND YOU'LL HAVE YOURSELF A PROVERBIAL: "LONG TERM INVESTMENT!!"
AND THE DOLLARS YOU EVENTUALLY "COME EVEN" WITH....WON'T BE WORTH SHIT!
WHAT CAN'T GO UP...WILL GO DOWN...
IT'S MACRO NOW, BABY.... DON'T STAND IN FRONT OF A "BIG MACRO!"
BUY NOW...AND YOU'LL HAVE YOURSELF A PROVERBIAL: "LONG TERM INVESTMENT!!"
AND THE DOLLARS YOU EVENTUALLY "COME EVEN" WITH....WON'T BE WORTH SHIT!
WHAT CAN'T GO UP...WILL GO DOWN...
CHINA WANTS TO OWN THE US BANKING SYSTEM!
AND BECAUSE OF THE FED...CHINA DESERVES TO OWN THE US BANKING SYSTEM...
A RETURN TO REALITY WILL BE A WELCOME RELIEF FROM THE NON-STOP BUBBLES AND MANIAS OF RECENT YEARS...
A RETURN TO REALITY WILL BE A WELCOME RELIEF FROM THE NON-STOP BUBBLES AND MANIAS OF RECENT YEARS...
MOTHER OF ALL STOCK MARKET CRASHES LOOMS!
IF NOT NOW....WHEN....? YES, THERE IS MASSIVE LIQUIDITY TO "SUPPORT" THE ASSET INFLATION... BUT THAT IS EXACTLY THE PROBLEM ...
TOO MUCH LIQUIDITY HAS BEEN PROVIDED BY THE FED OVER A LONG PERIOD OF TIME...
AND THE FED NOW FACES A CURRENCY PROBLEM BECAUSE OF IT...
BUT, THE NOTION THAT IF WE SIMPLY IGNORE THE CURRENCY IMPLICATIONS OF OVER PRINTING THE DOLLAR...THINGS WILL GET BETTER IS JUST NONSENSE...
ESSENTIALLY...MACRO ECONOMICS IS KICKING IN....AND THE NOTION OF AMERICAN EXCEPTIONALISM IS SLOWING BEING TOSSED ON THE SCRAP HEAP OF HISTORY...
AMERICAN EXCEPTIONALISM WAS A KEYNESIAN NOTION...AND IT IS A RELIC OF THE 20TH CENTURY...THE SOONER IT IS ABANDON...THE SOONER THE GLOBAL ECONOMY CAN CORRECT THE IMBALANCES AND MOVE ON TO WHATEVER COMES NEXT...
THE FED IS JUST ANOTHER CENTRAL BANK NOW...GET USED TO IT!
TOO MUCH LIQUIDITY HAS BEEN PROVIDED BY THE FED OVER A LONG PERIOD OF TIME...
AND THE FED NOW FACES A CURRENCY PROBLEM BECAUSE OF IT...
BUT, THE NOTION THAT IF WE SIMPLY IGNORE THE CURRENCY IMPLICATIONS OF OVER PRINTING THE DOLLAR...THINGS WILL GET BETTER IS JUST NONSENSE...
ESSENTIALLY...MACRO ECONOMICS IS KICKING IN....AND THE NOTION OF AMERICAN EXCEPTIONALISM IS SLOWING BEING TOSSED ON THE SCRAP HEAP OF HISTORY...
AMERICAN EXCEPTIONALISM WAS A KEYNESIAN NOTION...AND IT IS A RELIC OF THE 20TH CENTURY...THE SOONER IT IS ABANDON...THE SOONER THE GLOBAL ECONOMY CAN CORRECT THE IMBALANCES AND MOVE ON TO WHATEVER COMES NEXT...
THE FED IS JUST ANOTHER CENTRAL BANK NOW...GET USED TO IT!
MASSIVE GOLD BASHING WILL BE BUYING OPPORTUNITY
THERE WILL BE MASSIVE GOLD BASHING IN HOPE OF SAVING THE MARKET FROM IT'S INEVITABLE DECLINE...
THIS COULD BE A GREAT BUYING OPPORTUNITY FOR GLD AND GOLD STOCKS...
THIS COULD BE A GREAT BUYING OPPORTUNITY FOR GLD AND GOLD STOCKS...
FUTURES LOOK BLEAK...
IF THERE IS NO FUTURE FOR THE DOLLAR...HOW CAN THERE BE A FUTURE FOR DOLLAR DENOMINATED STOCKS AND OTHER ASSETS...?
Sunday, October 21, 2007
BALLS SHOT OFF IN IRAQ...? DONT WORRY!
DID YOUR SON GET HIS BALLS SHOT OFF IN IRAQ...? AFTER ALL IT'S NOT "JUST" THE LEGS THAT GO IN THOSE IED BLASTS...
WELL, DON'T WORRY... YOU CAN STILL STAY IN THE REPUBLICAN PARTY!
REPUBLICANS ONLY OPPOSE "GAY MARRIAGE"...NOT SEX CHANGE OPERATIONS!!
SO,....IF JOE COMES HOME AS "JOSEPHINE"...?
WELL, YOU CAN STILL PARTY WITH YOUR RICH REPUBLICAN FRIENDS WHO DIDN'T HAVE TO SEND THEIR SON TO IRAQ...JUST TO AVOID THAT LOUSY LOW WAGE SMALL TOWN WALMART JOB!!
SO PARTY ON BUBBA! THINK OF IT THIS WAY....BUSH DOESN'T CARE!
YOU'RE NOT LOSING A SON, YOU'RE GAINING A DAUGHTER BECAUSE OF THE BUSH WAR!!
P.S. AND LEARN TO LIKE PURPLE...!
WELL, DON'T WORRY... YOU CAN STILL STAY IN THE REPUBLICAN PARTY!
REPUBLICANS ONLY OPPOSE "GAY MARRIAGE"...NOT SEX CHANGE OPERATIONS!!
SO,....IF JOE COMES HOME AS "JOSEPHINE"...?
WELL, YOU CAN STILL PARTY WITH YOUR RICH REPUBLICAN FRIENDS WHO DIDN'T HAVE TO SEND THEIR SON TO IRAQ...JUST TO AVOID THAT LOUSY LOW WAGE SMALL TOWN WALMART JOB!!
SO PARTY ON BUBBA! THINK OF IT THIS WAY....BUSH DOESN'T CARE!
YOU'RE NOT LOSING A SON, YOU'RE GAINING A DAUGHTER BECAUSE OF THE BUSH WAR!!
P.S. AND LEARN TO LIKE PURPLE...!
WILL THE MARKET CRASH ON MONDAY...?
STAY TUNED...I'M STILL WORKING ON IT...
READ THE REST OF THIS PAGE IN THE MEANTIME... THIS ISN'T EASY YOU KNOW...
READ THE REST OF THIS PAGE IN THE MEANTIME... THIS ISN'T EASY YOU KNOW...
MARKET CRASH ON MONDAY? WHO CARES THE DOLLAR IS TOAST!!
AND THAT GENTLE READER...IS ALL YOU NEED TO KNOW...WITH SHIT FOR MONEY AMERICA IS PRETTY MUCH FINISHED...
HONEST...JUST READ KEYNES...!
KEYNES DIDN'T "PICK" THE DOLLAR AFTER WWII BECAUSE AMERICA WAS RUN BY A BUNCH OF GREEDY LOOTING REPUBLICAN ASSHOLES...!
IF YOU STILL DON'T GET IT...STAY TUNED...EXPLANATIONS WILL FOLLOW...FOR THE LESS INFORMED...
HONEST...JUST READ KEYNES...!
KEYNES DIDN'T "PICK" THE DOLLAR AFTER WWII BECAUSE AMERICA WAS RUN BY A BUNCH OF GREEDY LOOTING REPUBLICAN ASSHOLES...!
IF YOU STILL DON'T GET IT...STAY TUNED...EXPLANATIONS WILL FOLLOW...FOR THE LESS INFORMED...
FROM THE MOUTHS OF BUBBAS...!
SHOCKING NEWS AND PREDICTIONS ON WHAT THE RED STATE "BUBBA" ASSHOLES ARE "THINKING"....
THIS IS GOING TO BE BIG...! STAY TUNED! SHOCKING REVELATIONS ON MONDAY MORNING...STRAIGHT FROM QUEER HATING BUBBALAND!!
NOTE WELL:
THIS IS TOTALLY "OUTSIDE THE BOX" AND COULD CHANGE THE ELECTION POLLING COMPLETELY....!
AND THE MSM HAS TOTALLY MISSED IT...!! WHAT IS IT...?
READ IT RIGHT HERE...ONLY ON MONDAY!!
P.S. AND THE REASON MOST OF THESE BUBBAS HATE QUEERS? IS BECAUSE THEY ARE QUEER!!
BUT TELL ME SOMETHING I DON'T ALREADY KNOW...RIGHT? ....LOL
THIS IS GOING TO BE BIG...! STAY TUNED! SHOCKING REVELATIONS ON MONDAY MORNING...STRAIGHT FROM QUEER HATING BUBBALAND!!
NOTE WELL:
THIS IS TOTALLY "OUTSIDE THE BOX" AND COULD CHANGE THE ELECTION POLLING COMPLETELY....!
AND THE MSM HAS TOTALLY MISSED IT...!! WHAT IS IT...?
READ IT RIGHT HERE...ONLY ON MONDAY!!
P.S. AND THE REASON MOST OF THESE BUBBAS HATE QUEERS? IS BECAUSE THEY ARE QUEER!!
BUT TELL ME SOMETHING I DON'T ALREADY KNOW...RIGHT? ....LOL
VALUES VOTERS SEEK MORE DEATH AND LOOTING!! WHAT ARE THESE PITFUL ASSHOLES THINKING THESE DAYS...?
YEAH, THEY ARE STUPID ASSHOLES...BUT SOMEHOW WE HAVE TO LIVE WITH THEM!!
LETS HOPE THEY SEND THE KIDS TO IRAQ...AT LEAST OUR "GENE POOL" WILL BENEFIT!
LETS HOPE THEY SEND THE KIDS TO IRAQ...AT LEAST OUR "GENE POOL" WILL BENEFIT!
BUSH WILL ATTEMPT TO START WORLD WAR III!!
BEFORE HE'S DONE BUSH, SATAN ON EARTH, WILL ATTEMPT TO START WORLD WAR III IN THE MIDDLE EAST WITH A MASSIVE BOMBING ATTACK ON IRAN...TIMED JUST BEFORE THE NOVEMBER ELECTIONS IN THE US...
THE HOPE WILL BE THAT THE IGNORANT AMERICAN ELECTORATE WILL RALLY AROUND THE REPUBLICANS TO ALLOW THEIR BUTCHERY AND LOOTING TO CONTINUE FOR FOUR MORE YEARS...
MY HUNCH IS THAT EVEN THE BRAIN-DEAD AMERICANS ARE NOT STUPID ENOUGH TO BUY INTO THAT BULLSHIT BIG LIE...!!
AND THAT IS A BIG COMPLIMENT TO THE US ELECTORATE COMING FROM ME...!
THE HOPE WILL BE THAT THE IGNORANT AMERICAN ELECTORATE WILL RALLY AROUND THE REPUBLICANS TO ALLOW THEIR BUTCHERY AND LOOTING TO CONTINUE FOR FOUR MORE YEARS...
MY HUNCH IS THAT EVEN THE BRAIN-DEAD AMERICANS ARE NOT STUPID ENOUGH TO BUY INTO THAT BULLSHIT BIG LIE...!!
AND THAT IS A BIG COMPLIMENT TO THE US ELECTORATE COMING FROM ME...!
BUSH KILLS MORE KIDS!
LEST WE FORGET IT'S NOT JUST BY DENIAL OF HEALTH CARE THAT BUSH KILLS KIDS!! THIS MONSTER IS OUT OF CONTROL ON MORE THAN ONE LEVEL...
TURKEY ENTERS THE WAR!! PAKISTAN ON THE BRINK OF CHAOS!!
ARE WE HAVING FUN YET...!
BLAME THE ASSHOLE REPUBLICANS...AND YOU RED NECK FOOLS WHO VOTE FOR THEM! NOW DEAL WITH IT...SEND YOUR KIDS TO THE ARMY...AFTER ALL THERE ARE NO "REAL JOBS" FOR THEM IN AMERICA ANYMORE...!
BLAME THE ASSHOLE REPUBLICANS...AND YOU RED NECK FOOLS WHO VOTE FOR THEM! NOW DEAL WITH IT...SEND YOUR KIDS TO THE ARMY...AFTER ALL THERE ARE NO "REAL JOBS" FOR THEM IN AMERICA ANYMORE...!
WALL STREET STILL BULLISH...THE BIG CRASH IS YET TO COME!!
FRIDAY WAS NOTHING...A JOKE REALLY
THE BIG CRASH IS YET TO COME...THE DOW WILL DROP 3,000 POINT IN ONE DAY!
ANYTHING ELSE IS A HEAD FAKE AND A BUYING OPPORTUNITY...
THE BIG ONE IS YET TO COME...
THE BIG CRASH IS YET TO COME...THE DOW WILL DROP 3,000 POINT IN ONE DAY!
ANYTHING ELSE IS A HEAD FAKE AND A BUYING OPPORTUNITY...
THE BIG ONE IS YET TO COME...
MARKET MASTERS PULLED THE PLUG AT 2PM SHARP
AS PREDICTED HERE IT WAS ALL VERY PLANNED...
WHICH ALSO MAKES ME THINK IT'S ALL VERY FAKE...
THE US ECONOMY IS A SHAM...BUT THERE IS STILL THE ABILITY TO PRINT THE DOLLAR INFINITELY...
WATCH THE DOLLAR AND OIL FOR THE REAL ACTION... THE DOW IS A MONETARY JOKE...AND THE FED IS STRICTLY TO BE USED FOR COMIC RELIEF NOWADAYS...
BUY GOLD AND THE EURO AND STAY OUT OF THE US MARKETS...THERE IS NOTHING OF VALUE HERE ANYMORE...
WHICH ALSO MAKES ME THINK IT'S ALL VERY FAKE...
THE US ECONOMY IS A SHAM...BUT THERE IS STILL THE ABILITY TO PRINT THE DOLLAR INFINITELY...
WATCH THE DOLLAR AND OIL FOR THE REAL ACTION... THE DOW IS A MONETARY JOKE...AND THE FED IS STRICTLY TO BE USED FOR COMIC RELIEF NOWADAYS...
BUY GOLD AND THE EURO AND STAY OUT OF THE US MARKETS...THERE IS NOTHING OF VALUE HERE ANYMORE...
STOCK CRASH IGNORED IN US MEDIA...
HARDLY A WORD ON THE SUNDAY TALKS ABOUT THE STOCK MARKET CRASH...
EVERYONE IS TOO AFRAID TO EVEN MENTION IT... BEST NOT TO DRAW ATTENTION TO THE DISMAL SITUATION THE US ECONOMY IS IN...
IN THE US WE DON'T "DO" MACROECONOMICS... BUT MAYBE THEY "DO" DO IT OFFSHORE...!! YA THINK...?
THERE IS SIMPLY NO STOPPING THE INEVITABLE NOW...THE ONLY HOPE IS THAT THE PLAY MONEY DOLLAR WILL CONTINUE TO BID UP STOCK PRICES EVEN AS THE REST OF THE WORLD SHUNS AND AVOIDS WALL STREET AS THE REALM OF MANIACS AND THE MENTALLY FEEBLE MINDED...
EVERYONE IS TOO AFRAID TO EVEN MENTION IT... BEST NOT TO DRAW ATTENTION TO THE DISMAL SITUATION THE US ECONOMY IS IN...
IN THE US WE DON'T "DO" MACROECONOMICS... BUT MAYBE THEY "DO" DO IT OFFSHORE...!! YA THINK...?
THERE IS SIMPLY NO STOPPING THE INEVITABLE NOW...THE ONLY HOPE IS THAT THE PLAY MONEY DOLLAR WILL CONTINUE TO BID UP STOCK PRICES EVEN AS THE REST OF THE WORLD SHUNS AND AVOIDS WALL STREET AS THE REALM OF MANIACS AND THE MENTALLY FEEBLE MINDED...
Friday, October 19, 2007
AMERICA'S DOWNWARD SPIRAL...
THE US IS IN A DOWNWARD SPIRAL ON ALMOST EVERY LEVEL... GEOPOLITICALLY, ECONOMICALLY, AND SOCIALLY...
THE ENTIRE COUNTRY SEEMS TO BE WAITING FOR SOMETHING TO HAPPEN... THE BUSH ADMINISTRATION IS FROZEN INTO THEIR WAR CRIMES...THE ECONOMY HAS BEEN LOOTED TO THE BONE BY THE ELITES...THE DOLLAR IS PLUNGING OUT OF CONTROL...THE WARS ARE NOT GOING TO END ANYTIME SOON...NOTHING WORKS ANYMORE...
THE ONLY BRIGHT SPOT IS THE STOCK MARKET...WHICH IS THE "SPECIAL PROJECT" OF THE FED AND WALL STREET...AND THE MONEY KEEPS FLOWING INTO THE STREET ENDLESSLY TO MAINTAIN THEIR BELOVED.... "ASSET PRICE INFLATION..."
THAT'S WHY THE DOLLAR IS SUFFERING...AMONG OTHER REASONS...
THE INSURANCE LOBBY PREVENTS NATIONAL HEALTH CARE...FORCING CORPORATIONS TO GO OFF SHORE
AND THE RELIGIOUS RIGHT CONTINUES TO BE THE WILLING DUPE OF WALL STREET...FEARING HOMOSEXUALS MORE THAT THE LOSS OF PENSIONS, HEALTH CARE AND DECENT LIVING WAGE JOBS...
STILL, IT'S INTERESTING TO WATCH THE DAILY "FAKE JOY" ON WALL STREET...WHERE PRICE INFLATION AND BUBBLES CONTINUE APACE...
AMID THE GENERALIZED GLOOM NEARLY EVERYWHERE ELSE...
BUT HOW LONG CAN THAT GO ON...?
THE ENTIRE COUNTRY SEEMS TO BE WAITING FOR SOMETHING TO HAPPEN... THE BUSH ADMINISTRATION IS FROZEN INTO THEIR WAR CRIMES...THE ECONOMY HAS BEEN LOOTED TO THE BONE BY THE ELITES...THE DOLLAR IS PLUNGING OUT OF CONTROL...THE WARS ARE NOT GOING TO END ANYTIME SOON...NOTHING WORKS ANYMORE...
THE ONLY BRIGHT SPOT IS THE STOCK MARKET...WHICH IS THE "SPECIAL PROJECT" OF THE FED AND WALL STREET...AND THE MONEY KEEPS FLOWING INTO THE STREET ENDLESSLY TO MAINTAIN THEIR BELOVED.... "ASSET PRICE INFLATION..."
THAT'S WHY THE DOLLAR IS SUFFERING...AMONG OTHER REASONS...
THE INSURANCE LOBBY PREVENTS NATIONAL HEALTH CARE...FORCING CORPORATIONS TO GO OFF SHORE
AND THE RELIGIOUS RIGHT CONTINUES TO BE THE WILLING DUPE OF WALL STREET...FEARING HOMOSEXUALS MORE THAT THE LOSS OF PENSIONS, HEALTH CARE AND DECENT LIVING WAGE JOBS...
STILL, IT'S INTERESTING TO WATCH THE DAILY "FAKE JOY" ON WALL STREET...WHERE PRICE INFLATION AND BUBBLES CONTINUE APACE...
AMID THE GENERALIZED GLOOM NEARLY EVERYWHERE ELSE...
BUT HOW LONG CAN THAT GO ON...?
WHAT'S GOING ON WITH STOCKS...
WELL I HAVEN'T A CLUE...
BUT THE AMPLE LIQUIDITY SLOSHING AROUND ON WALL STREET SEEMS TO BE HERMETICALLY SEALED IN...SO NOTHING TOO BAD CAN HAPPEN...
FOR THAT WE THANK THE MAD MONEY PRINTERS AT THE FED!
THE REAL MACRO STUFF IS HAPPENING IN THE COMMODITIES AND CURRENCY MARKETS.... THATS WERE THE SIGNIFICANT AND INDEED HISTORIC ACTION IS...
THE DOLLAR IS NOW AT 143 ON THE EURO...AND PROBABLY HEADING FOR 150!
AND OIL IS JUMPING TO 90...WITHOUT ANY EFFORT AT ALL...
THAT'S WHERE THE IMPORTANT MOVES ARE BEING MADE...NOT THE DOW AND THE NAZZ...
THE AVERAGES ARE JUST A SIDE SHOW NOW...!
I SENSE A BIG BIG DOWNWARD MOVE COMING VERY SOON...
THIS MARKET IS GETTING A BIT TOO OLD TO PLAY "LETS PRETEND!"
I SENSE THE GROWUPS ARE GOING TO BE TAKING OVER VERY SOON...
THE BUBBLE FANTASIES ARE ALMOST OVER...
BUT THE AMPLE LIQUIDITY SLOSHING AROUND ON WALL STREET SEEMS TO BE HERMETICALLY SEALED IN...SO NOTHING TOO BAD CAN HAPPEN...
FOR THAT WE THANK THE MAD MONEY PRINTERS AT THE FED!
THE REAL MACRO STUFF IS HAPPENING IN THE COMMODITIES AND CURRENCY MARKETS.... THATS WERE THE SIGNIFICANT AND INDEED HISTORIC ACTION IS...
THE DOLLAR IS NOW AT 143 ON THE EURO...AND PROBABLY HEADING FOR 150!
AND OIL IS JUMPING TO 90...WITHOUT ANY EFFORT AT ALL...
THAT'S WHERE THE IMPORTANT MOVES ARE BEING MADE...NOT THE DOW AND THE NAZZ...
THE AVERAGES ARE JUST A SIDE SHOW NOW...!
I SENSE A BIG BIG DOWNWARD MOVE COMING VERY SOON...
THIS MARKET IS GETTING A BIT TOO OLD TO PLAY "LETS PRETEND!"
I SENSE THE GROWUPS ARE GOING TO BE TAKING OVER VERY SOON...
THE BUBBLE FANTASIES ARE ALMOST OVER...
KRUGMAN ON GOP...
NICE OF THE NYT TO LET THE ON-LINE CHEAPSKATES VIEW THE OP-ED COLUMNS AGAIN...
ASHAME TO LET ALL THAT GOOD OP-ED GO TO ONLY THE PRIVILEGED FEW...! AND OF COURSE IT IS AN ELECTION YEAR COMING UP...AND OPINIONS THAT ARE NOT SHARED WIDELY...ARE FAIRLY WORTHLESS IN THE MARKETPLACE OF IDEAS...
OPINIONS ARE LIKE BULLSHIT...IT ONLY WORKS IF YOU SPREAD IT AROUND...
ASHAME TO LET ALL THAT GOOD OP-ED GO TO ONLY THE PRIVILEGED FEW...! AND OF COURSE IT IS AN ELECTION YEAR COMING UP...AND OPINIONS THAT ARE NOT SHARED WIDELY...ARE FAIRLY WORTHLESS IN THE MARKETPLACE OF IDEAS...
OPINIONS ARE LIKE BULLSHIT...IT ONLY WORKS IF YOU SPREAD IT AROUND...
Tuesday, October 16, 2007
EUROLAND SAYS: WEAK DOLLAR UNSUSTAINABLE
BLOOMBERG SEEMS TO THINK THAT WILL CAUSE A DOLLAR RALLY!!
BUT WHY?
BLOOMBERGS CONSTANT ATTEMPT TO SPIN BULLSHIT INTO GOLD JUST ISN'T CREDIBLE.
AND BLOOMBERGS DOLLAR TAKE IS ALWAYS LACED WITH SUCH OPTIMISTIC CRAP REASONING THAT YOU HAVE TO SIMPLY IGNORE IT AS A REASONABLE STATEMENT OF THE SITUATION...
FOR EXAMPLE THIS:
"The dollar may also be buoyed if credit markets continue to deteriorate and risk aversion increases, prompting investors to seek the relative safety of U.S. assets, UBS said. ``If investors are worried about further risk episodes from credit markets, the dollar remains the safe-haven of choice,'' they wrote. "
HOW TO READ THIS: IF THE DOLLAR CRASHES...FOLKS WILL RUSH TO BUY DOLLARS!!
BUT WHY?
BLOOMBERGS CONSTANT ATTEMPT TO SPIN BULLSHIT INTO GOLD JUST ISN'T CREDIBLE.
AND BLOOMBERGS DOLLAR TAKE IS ALWAYS LACED WITH SUCH OPTIMISTIC CRAP REASONING THAT YOU HAVE TO SIMPLY IGNORE IT AS A REASONABLE STATEMENT OF THE SITUATION...
FOR EXAMPLE THIS:
"The dollar may also be buoyed if credit markets continue to deteriorate and risk aversion increases, prompting investors to seek the relative safety of U.S. assets, UBS said. ``If investors are worried about further risk episodes from credit markets, the dollar remains the safe-haven of choice,'' they wrote. "
HOW TO READ THIS: IF THE DOLLAR CRASHES...FOLKS WILL RUSH TO BUY DOLLARS!!
THE PAULSON SPEECH...
"In today's decentralized system, a homeowner having trouble making payments often does not know where to turn for assistance. "
OIL SOARS AGAIN!! $90 BY FRIDAY!!!???
THIS IS WHAT'S KNOW AS: "THE BOTTOM FALLING OUT...!"
HOW THE STREET IS LEVITATING IS BEYOND ALL UNDERSTANDING... ONLY THE FED PROMISE TO PROTECT THE MARKET AT ALL COSTS IS HOLDING THIS THING UP...
BUT ALAS, THERE IS A PRICE TO BE PAID FOR THAT KIND OF BLIND DEVOTION BY A CENTRAL BANK... AND THAT IS A CURRENCY DEVALUATION!
THE OIL PRICE IS THE ONLY THING THAT IS REAL...THE REST IS BULLSHIT... BULLSHIT THAT IS BEING SUCCESSFULLY MANAGED BY THE STREET...AT LEAST SO FAR...!
HOW THE STREET IS LEVITATING IS BEYOND ALL UNDERSTANDING... ONLY THE FED PROMISE TO PROTECT THE MARKET AT ALL COSTS IS HOLDING THIS THING UP...
BUT ALAS, THERE IS A PRICE TO BE PAID FOR THAT KIND OF BLIND DEVOTION BY A CENTRAL BANK... AND THAT IS A CURRENCY DEVALUATION!
THE OIL PRICE IS THE ONLY THING THAT IS REAL...THE REST IS BULLSHIT... BULLSHIT THAT IS BEING SUCCESSFULLY MANAGED BY THE STREET...AT LEAST SO FAR...!
THE STREET DESPERATE TO HANG ON TO GAINS.
THE STREET IS DESPERATE TO PRESERVE RECENT GAINS...AND SIMPLY WILL NOT TAKE NO FOR AN ANSWER FROM THE FED...OR ANYONE ELSE...
LIKELY THIS DESPERATION PLAY WILL CONTINUE INTO THE INDEFINITE FUTURE...
BUT LONGER TERM...THE INEVITABLE SIMPLY MUST BE ALLOWED TO HAPPEN. AND THAT IS REALLY THE SAD STORY OF WALL STREET TODAY... DENIAL IS EVERYTHING...
NEED MORE PROOF...? JUST LOOK AT THE DISMAL NEWS BACKGROUND...YET THE ASSET BUBBLE ON WALL STREET IS STILL REMARKABLY STABLE... THERE IS SIMPLY ENOUGH MONEY IN THE SYSTEM...WITH NO WHERE ELSE TO GO...TO SUSTAIN THE BUBBLE INDEFINITELY. NOW OIL AND GOLD...THAT'S ANOTHER STORY... THAT'S WHERE THE PROOF OF THE PUDDING IS... THATS THE REAL CANARY IN THE MINESHAFT THAT IS BEING IGNORED AND DENIED ON THE STREET DAILY...!
LIKELY THIS DESPERATION PLAY WILL CONTINUE INTO THE INDEFINITE FUTURE...
BUT LONGER TERM...THE INEVITABLE SIMPLY MUST BE ALLOWED TO HAPPEN. AND THAT IS REALLY THE SAD STORY OF WALL STREET TODAY... DENIAL IS EVERYTHING...
NEED MORE PROOF...? JUST LOOK AT THE DISMAL NEWS BACKGROUND...YET THE ASSET BUBBLE ON WALL STREET IS STILL REMARKABLY STABLE... THERE IS SIMPLY ENOUGH MONEY IN THE SYSTEM...WITH NO WHERE ELSE TO GO...TO SUSTAIN THE BUBBLE INDEFINITELY. NOW OIL AND GOLD...THAT'S ANOTHER STORY... THAT'S WHERE THE PROOF OF THE PUDDING IS... THATS THE REAL CANARY IN THE MINESHAFT THAT IS BEING IGNORED AND DENIED ON THE STREET DAILY...!
TURKEY WILL INVADE IRAQ...!
THE PLOT THICKENS...
WITH TURKEY BATTLING THE KURDS IN THE NORTH...THE ENTIRE DYNAMIC OF THE SITUATION WOULD CHANGE...
FOR ONE...DOES THE GREEN ZONE "GOVERNMENT" COME TO THE AID OF THE KURDS? NOW THAT WOULD BE INTERESTING...! WOULD THE US SUPPLY THE IRAQI ARMY IN IT'S FIGHT WITH THE TURKS...?
WOULD THE KURDS SIMPLY LEAVE THE BAGDAD GOVERNMENT AND GO OFF TO FIGHT FOR THEIR "INDEPENDENCE?"
WOULD THE KURDS INSIST THAT AMERICA TAKE SIDES IN THE ISSUE...?
IF THE US BACKS THE TURKS...
HOW DO THE KURDS STAY WITH THE US PLAN FOR BAGDAD...? ETC ETC.
POSITIVELY BYZANTINE!!
WITH TURKEY BATTLING THE KURDS IN THE NORTH...THE ENTIRE DYNAMIC OF THE SITUATION WOULD CHANGE...
FOR ONE...DOES THE GREEN ZONE "GOVERNMENT" COME TO THE AID OF THE KURDS? NOW THAT WOULD BE INTERESTING...! WOULD THE US SUPPLY THE IRAQI ARMY IN IT'S FIGHT WITH THE TURKS...?
WOULD THE KURDS SIMPLY LEAVE THE BAGDAD GOVERNMENT AND GO OFF TO FIGHT FOR THEIR "INDEPENDENCE?"
WOULD THE KURDS INSIST THAT AMERICA TAKE SIDES IN THE ISSUE...?
IF THE US BACKS THE TURKS...
HOW DO THE KURDS STAY WITH THE US PLAN FOR BAGDAD...? ETC ETC.
POSITIVELY BYZANTINE!!
THE MARKET WILL CRASH WITHIN TWO WEEKS.
AN OCTOBER CRASH IS NOW NEAR CERTAIN... THERE IS GOING TO BE A BULLSHIT SHORTAGE ON THE STREET THAT IS EVEN WORSE THAN THE OIL SHORTAGE...
IS OIL THE NEW "WEAK DOLLAR" BET...?
BINGO...!
THE SMART MONEY WILL BET EVERY WHICH WAY AGAINST THE DOLLAR...
NOW GOLD (PURE EVIL) WAS THE OLD WAY OF DOING THAT... ALAS, NOT "SOCIALLY ACCEPTABLE" ON THE STREET...
BUT OIL CARRIES NO SUCH STIGMA... HENCE THE BIG BETS ON OIL...ARE PERHAPS REALLY BETS AGAINST THE DOLLAR!!
I DON'T THINK THIS ASPECT HAS BEEN FULLY EXPLORED IN THE MSM...AS YET.
THE SMART MONEY WILL BET EVERY WHICH WAY AGAINST THE DOLLAR...
NOW GOLD (PURE EVIL) WAS THE OLD WAY OF DOING THAT... ALAS, NOT "SOCIALLY ACCEPTABLE" ON THE STREET...
BUT OIL CARRIES NO SUCH STIGMA... HENCE THE BIG BETS ON OIL...ARE PERHAPS REALLY BETS AGAINST THE DOLLAR!!
I DON'T THINK THIS ASPECT HAS BEEN FULLY EXPLORED IN THE MSM...AS YET.
IS AN OCTOBER CRASH COMING...?
DESPITE THE IMPRESSIVE WALL STREET BULLSHIT MACHINE...A LOT OF FACTORS AND EVENTS ARE STARTING TO CONVERGE THAT INDICATE VERY SEVERE MARKET STRAIN...
AND THE CREDIT CRUNCH THAT IS OBSESSING THE FED IS ONLY ONE FACTOR... CONSIDER:
THE DOLLAR HAS NEVER REALLY RECOVERED ALL YEAR...EVEN IF STOCKS DID...MAINLY ON BERNANKE'S PROMISE OF UNLIMITED LIQUIDITY FOR WALL STREET...
MY HUNCH IS THAT THE STREET AND ITS SHILL, THE FED, ARE BACKED INTO A CORNER NOW...
THE AMERICAN CONSUMER IS VERY PUNK...
A DEMOCRATIC CONGRESS AND PRESIDENT IN 08 IS ASSURED...THE ONLY QUESTION IS HOW BIG THE LANDSLIDE WILL BE...AND IF THE OLD TIME LABOR PROGRESSIVES ARE IN CONTROL...
IF WALL STREET ALWAYS "THINKS AHEAD"....THE SMART MONEY SHOULD BE CASHING IN AND MOVING TO GOLD AND HARD ASSETS.... ASAP.
IN SHORT, I JUST DON'T SEE HOW ROSIE SCENARIO MAKES EVEN A CAMEO APPEARANCE FOR THE REST OF THIS YEAR...
AND THE CREDIT CRUNCH THAT IS OBSESSING THE FED IS ONLY ONE FACTOR... CONSIDER:
THE DOLLAR HAS NEVER REALLY RECOVERED ALL YEAR...EVEN IF STOCKS DID...MAINLY ON BERNANKE'S PROMISE OF UNLIMITED LIQUIDITY FOR WALL STREET...
MY HUNCH IS THAT THE STREET AND ITS SHILL, THE FED, ARE BACKED INTO A CORNER NOW...
THE AMERICAN CONSUMER IS VERY PUNK...
A DEMOCRATIC CONGRESS AND PRESIDENT IN 08 IS ASSURED...THE ONLY QUESTION IS HOW BIG THE LANDSLIDE WILL BE...AND IF THE OLD TIME LABOR PROGRESSIVES ARE IN CONTROL...
IF WALL STREET ALWAYS "THINKS AHEAD"....THE SMART MONEY SHOULD BE CASHING IN AND MOVING TO GOLD AND HARD ASSETS.... ASAP.
IN SHORT, I JUST DON'T SEE HOW ROSIE SCENARIO MAKES EVEN A CAMEO APPEARANCE FOR THE REST OF THIS YEAR...
DOLLAR CONTINUES TO TANK...SO OIL WILL RISE!
ALAS, EVEN OUR NEW GLOBAL LORDS AND MASTERS, THE COMMUNIST CHINESE, CAN'T CONTROL THAT...!
BERNANKE SPEECH: RISK AND UNCERTAINTY ARE BACK!!
GLOOM AND DOOM. For Example:
Indeed, although the Federal Reserve can seek to provide a more stable economic background that will benefit both investors and non-investors, the truth is that it can hardly insulate investors from risk, even if it wished to do so. Developments over the past few months reinforce this point. Those who made bad investment decisions lost money. In particular, investors in subprime mortgages have sustained significant losses, and many of the mortgage companies that made those loans have failed.
And;
But inflation risks remained, including still-high levels of resource utilization and elevated prices for oil and other commodities. The Committee agreed that continued close attention to inflation developments was warranted. Overall, given the great difficulty of knowing how financial conditions would evolve or the extent of their effect on the economy, Committee members judged the level of uncertainty in the outlook to be unusually high.
PROFIT WARNINGS PLUS RECORD HIGH OIL ....
HEY WHAT'S NOT TO LIKE...!
EVERYONE KNEW THAT THE GLOBAL ECONOMY WAS HEADING SOUTH...THE ONLY HOPE WAS THAT THE CORPORATE CEO'S WOULD USE SOME CREATIVE ACCOUNTING TO BULLSHIT STOCKS HIGHER...
BUT THE DAMAGE SEEMS TO BE DEEPER THAN THAT... THE US CONSUMER HAS BEEN UNDER GAS PRICE PRESSURE FOR NEARLY A YEAR... AND THAT IS HAVING A DRIP DRIP DRIP IMPACT ON CONSUMER SPENDING... PEOPLE SIMPLY ARE LIVING WITHIN THEIR BUDGETS...AND THAT MEANS BUYING FEWER TOYS...AND JUST PAYING THE NECCESSITIES...LIKE FOOD, POWER AND INSURANCE...AS WELL AS MORTGAGE AND INSTALLMENT DEBT... A FULL LOAD TO BE SURE...
NO WONDER NO ONE IS "GOING SHOPPING" ANYMORE... WHAT DID THEY EXPECT WOULD HAPPEN...
OF COURSE THE IRRELEVANCE OF OIL TO THE US ECONOMY WAS DECLARED EARLY AND OFTEN THIS YEAR... AND THAT BIG LIE...LIKE ALL THE OTHERS...IS FINALLY BEING EXPOSED.
EVERYONE KNEW THAT THE GLOBAL ECONOMY WAS HEADING SOUTH...THE ONLY HOPE WAS THAT THE CORPORATE CEO'S WOULD USE SOME CREATIVE ACCOUNTING TO BULLSHIT STOCKS HIGHER...
BUT THE DAMAGE SEEMS TO BE DEEPER THAN THAT... THE US CONSUMER HAS BEEN UNDER GAS PRICE PRESSURE FOR NEARLY A YEAR... AND THAT IS HAVING A DRIP DRIP DRIP IMPACT ON CONSUMER SPENDING... PEOPLE SIMPLY ARE LIVING WITHIN THEIR BUDGETS...AND THAT MEANS BUYING FEWER TOYS...AND JUST PAYING THE NECCESSITIES...LIKE FOOD, POWER AND INSURANCE...AS WELL AS MORTGAGE AND INSTALLMENT DEBT... A FULL LOAD TO BE SURE...
NO WONDER NO ONE IS "GOING SHOPPING" ANYMORE... WHAT DID THEY EXPECT WOULD HAPPEN...
OF COURSE THE IRRELEVANCE OF OIL TO THE US ECONOMY WAS DECLARED EARLY AND OFTEN THIS YEAR... AND THAT BIG LIE...LIKE ALL THE OTHERS...IS FINALLY BEING EXPOSED.
RUSSIA ENTERS IRAQ/IRAN DEBATE...
NOW COMES PUTIN WHO HAS UNTIL NOW SIMPLY LET BUSH WALLOW IN HIS QUAGMIRE IN IRAQ...
RUSSIA COULD BE ASSERTING ITSELF IN THE REGION UNLIKE EVER BEFORE...NOW THAT THE WORLD'S SUPER POWER HAS BEEN DEFEATED IN IRAQ... AND ESPECIALLY ON THE ISSUE OF OIL FOR THE WEST...
RUSSIA COULD BE ASSERTING ITSELF IN THE REGION UNLIKE EVER BEFORE...NOW THAT THE WORLD'S SUPER POWER HAS BEEN DEFEATED IN IRAQ... AND ESPECIALLY ON THE ISSUE OF OIL FOR THE WEST...
Monday, October 15, 2007
BULL WILL SLIP ON OIL PATCH...
THE FED CAN FLOOD THE MARKET...BUT IT CAN STOP THE DOLLAR DECLINE...
THE BULL WILL SLIP ON AN OIL SLICK...AT SOME POINT...THE NOTION THAT OIL "DOESN'T COUNT" NOW IS JUST NONSENSE...
WE COULD SEEN $90 OIL THIS MONTH....AND THAT WILL BE A TURD IN THE HOLIDAY PUNCH BOWL THAT EVEN WALL STREET WON'T BE ABLE TO IGNORE...
THE BULL WILL SLIP ON AN OIL SLICK...AT SOME POINT...THE NOTION THAT OIL "DOESN'T COUNT" NOW IS JUST NONSENSE...
WE COULD SEEN $90 OIL THIS MONTH....AND THAT WILL BE A TURD IN THE HOLIDAY PUNCH BOWL THAT EVEN WALL STREET WON'T BE ABLE TO IGNORE...
NO PANIC....MARKET MASTERS STILL IN CONTROL.
TODAY WAS ANOTHER HEAD FAKE...A SELLOFF FROM WAY WAY OVER BOUGHT LEVELS...
THE MARKET MASTERS SIMPLY NEED TO ADJUST THEIR BOOKS FROM TIME TO TIME.
HOWEVER THE TROUBLES ARE REAL...AND GETTING WORSE...
AT SOME POINT THE DECLINE WILL BE ON HIGH VOLUME...AND THAT WILL BE THE NEEDED WASHOUT...
THESE LOW VOLUME "PANICS" ARE NICE...BUT JUST TECHNICAL...
THE GLOOM AND DOOM IS GETTING DEEP HOWEVER... AND AT SOME POINT IF THE SELLING INCREASES...THE MARKET MASTERS WILL HAVE TO STAND ASIDE...
NO PANIC TODAY... JUST A HEAD FAKE...
I SUSPECT THAT BETWEEN THE FED LIQUIDITY; AND THE CONCENTRATION OF WEALTH IN THE HANDS OF A FEW ON WALL STREET...THEY CAN KEEP THIS BUBBLE GOING INDEFINITELY...
THE REAL TROUBLE WILL BE IN THE COMMODITIES MARKETS...AS WITH OIL...AND LATER GOLD...AND THE DOLLAR TELLS THE REAL STORY...NOT THE DAILY DOW BULLSHIT...
THE MARKET MASTERS SIMPLY NEED TO ADJUST THEIR BOOKS FROM TIME TO TIME.
HOWEVER THE TROUBLES ARE REAL...AND GETTING WORSE...
AT SOME POINT THE DECLINE WILL BE ON HIGH VOLUME...AND THAT WILL BE THE NEEDED WASHOUT...
THESE LOW VOLUME "PANICS" ARE NICE...BUT JUST TECHNICAL...
THE GLOOM AND DOOM IS GETTING DEEP HOWEVER... AND AT SOME POINT IF THE SELLING INCREASES...THE MARKET MASTERS WILL HAVE TO STAND ASIDE...
NO PANIC TODAY... JUST A HEAD FAKE...
I SUSPECT THAT BETWEEN THE FED LIQUIDITY; AND THE CONCENTRATION OF WEALTH IN THE HANDS OF A FEW ON WALL STREET...THEY CAN KEEP THIS BUBBLE GOING INDEFINITELY...
THE REAL TROUBLE WILL BE IN THE COMMODITIES MARKETS...AS WITH OIL...AND LATER GOLD...AND THE DOLLAR TELLS THE REAL STORY...NOT THE DAILY DOW BULLSHIT...
RICE SLAMS ISRAELI LOBBY WHERE IT HURTS!
IT SEEMS THAT THE US MAY BE GETTING DOWN TO SERIOUS BUSINESS WITH THE ISRAELI LOBBY IN THE US...
THE TIME FOR BULLSHIT IS OVER... THE WORLD IS ON THE BRINK...
AND A FEW MORE SETTLEMENTS ON THE WEST BANK JUST AREN'T WORTH TAKING DOWN THE MAJOR AMERICAN INVESTMENT BANKS...AS WE SEE HAPPENING TODAY...
THE TIME FOR BULLSHIT IS OVER... THE WORLD IS ON THE BRINK...
AND A FEW MORE SETTLEMENTS ON THE WEST BANK JUST AREN'T WORTH TAKING DOWN THE MAJOR AMERICAN INVESTMENT BANKS...AS WE SEE HAPPENING TODAY...
DOW DIVES! THIS COULD BE THE BIG ONE....
WHEN GOLDMAN ET AL ARE IN THE TANK...
THERE IS NO BULLSHIT ON EARTH THAT CAN SAVE THE MARKETS...
THIS SO CALLED "FUND" TO "SAVE THE SUBPRIMES" IS A REAL ADMISSION THAT ALL IS NOT WELL...
THERE IS NO BULLSHIT ON EARTH THAT CAN SAVE THE MARKETS...
THIS SO CALLED "FUND" TO "SAVE THE SUBPRIMES" IS A REAL ADMISSION THAT ALL IS NOT WELL...
THIS COULD BE THE BIG OCTOBLER CRASH!!
BUT NEVER UNDERESTIMATE THE POWER OF BULLSHIT TO SAVE THE DAY...
BASED SOLELY ON MACROECONOMICS THIS MARKET SHOULD CRASH AND CRASH HARD AND STAY DOWN...
I REFER TO THE DOLLAR AND THE DEFICITS HERE MOSTLY...WHICH HAVE BEEN NON-ISSUE ISSUES FOR THE WORLD FOR WAY TO LONG...
IF THERE IS GOING TO BE A CRASH THAT THE FED CAN'T "BUY" THIS COULD BE IT...
I WOULDN'T TOUCH THIS BULLSHIT BASED MARKET WITH A TEN FOOT POLE...!
BASED SOLELY ON MACROECONOMICS THIS MARKET SHOULD CRASH AND CRASH HARD AND STAY DOWN...
I REFER TO THE DOLLAR AND THE DEFICITS HERE MOSTLY...WHICH HAVE BEEN NON-ISSUE ISSUES FOR THE WORLD FOR WAY TO LONG...
IF THERE IS GOING TO BE A CRASH THAT THE FED CAN'T "BUY" THIS COULD BE IT...
I WOULDN'T TOUCH THIS BULLSHIT BASED MARKET WITH A TEN FOOT POLE...!
OIL BLOW OFF...! BLAME THE DOLLAR!
BLAME THE DOLLAR FOR THE OIL BLOW OUT TODAY...NOT THE CHINESE...
ALTHOUGH THE US IS DERSPERATELY TRYING TO HAND CHINA THE WORLD ECONOMY CAN A GOLDEN PLATTER...!
FREE MARKETS WILL EVENTUALLY DESTROY THE US ECONOMY...TOTALLY!
CONSIDER THE "STRUCTRUAL" TRADE DEFICITS, THE DOLLAR BUBBLE, THE VARIOUS ASSET BUBBLES,
NOW OIL...AND THE DECLINE OF LIVING WAGE JOBS IN THE US...AND FINALLY THE ULTIMATE IMPLOSION OF THE 401K BULLSHIT RETIRE PLANS... ADD THE SOCIAL SECURITY DEBACLE AND THE COMPLETE LACK OF A NATIONAL HEALTH CARE PLAN...!
AND LEST WE FORGET THE WAR EXPENSES...WHICH APPEAR TO BE JUST GETTING STARTED AFTER 5 YEARS...!
WE ARE IN A DOWNWARD SPIRAL! AND IT WILL BECOME MORE AND MORE OBVIOUS IN COMING MONTHS...
THE DAZE OF HIDING THE FACT THAT THE US ECONOMY IS BASED ALMOST SOLELY ON BULLSHIT ARE QUICKLY COMING TO AN END...
ALTHOUGH THE US IS DERSPERATELY TRYING TO HAND CHINA THE WORLD ECONOMY CAN A GOLDEN PLATTER...!
FREE MARKETS WILL EVENTUALLY DESTROY THE US ECONOMY...TOTALLY!
CONSIDER THE "STRUCTRUAL" TRADE DEFICITS, THE DOLLAR BUBBLE, THE VARIOUS ASSET BUBBLES,
NOW OIL...AND THE DECLINE OF LIVING WAGE JOBS IN THE US...AND FINALLY THE ULTIMATE IMPLOSION OF THE 401K BULLSHIT RETIRE PLANS... ADD THE SOCIAL SECURITY DEBACLE AND THE COMPLETE LACK OF A NATIONAL HEALTH CARE PLAN...!
AND LEST WE FORGET THE WAR EXPENSES...WHICH APPEAR TO BE JUST GETTING STARTED AFTER 5 YEARS...!
WE ARE IN A DOWNWARD SPIRAL! AND IT WILL BECOME MORE AND MORE OBVIOUS IN COMING MONTHS...
THE DAZE OF HIDING THE FACT THAT THE US ECONOMY IS BASED ALMOST SOLELY ON BULLSHIT ARE QUICKLY COMING TO AN END...
Saturday, October 13, 2007
GOOGLE: THE NEW WIZARD OF OZ...
WALL STREET LIKES A WIZARD... BUT THE CURTAIN WILL BE PULLED ASIDED SOONER OR LATER...IT ALWAYS IS...BUT ONLY THE "LONG TERM" SUCKERS WILL GET STUCK HOLDING THE BAG...THEY ALWAYS DO...
HOW STUPID ARE AMERICANS...? REALLY REALLY STUPID!
AFTER ALL THEY LET THEIR ECONOMY BE LOOTED IN THE NAME OF FREE TRADE AND GLOBALISM
AND THEY SUPPORTED TAX CUTS FOR THE NOW...MEGA-RICH...BECAUSE THEY WERE AFRAID OF JESUS AND HOMOSEXUALS...!
HOW STUPID ARE AMERICANS...?
WELL, LET'S JUST SAY THEY ARE GETTING WHAT THEY RICHLY DESERVE...AND ONLY THAT...
AND THEY SUPPORTED TAX CUTS FOR THE NOW...MEGA-RICH...BECAUSE THEY WERE AFRAID OF JESUS AND HOMOSEXUALS...!
HOW STUPID ARE AMERICANS...?
WELL, LET'S JUST SAY THEY ARE GETTING WHAT THEY RICHLY DESERVE...AND ONLY THAT...
Friday, October 12, 2007
WE HAVE A NEW TECH BUBBLE....
LET'S CALL THIS ONE: BERNANKE'S BUBBLE... AFTER ALL...HE IS PAYING FOR IT...!
JUST LOOK AT THE DOLLAR...AND GOLD...AND OIL...!
THE FED SEEMS CONVINCED THAT THE US ECONOMY IS NOT CAPABLE OF ANYTHING EXCEPT ONE ASSET BUBBLE AFTER ANOTHER...
AND THE DEFICITS AND DECLINE IN THE DOLLAR JUST GOES ON AND ON AND ON...
YES, IT WILL END...AND IT WILL END VERY VERY BADLY...
BUT THERE YOU HAVE IT... NO ONE REALLY CARES... IT'S ALL ABOUT THE LOOTING NOW... AND LET THE NEXT GUY FIGURE IT OUT...
GREENSPAN REDUX... LOOT LIKE MAD....THEN WRITE A BOOK TO COVER YOUR ASS...!
JUST LOOK AT THE DOLLAR...AND GOLD...AND OIL...!
THE FED SEEMS CONVINCED THAT THE US ECONOMY IS NOT CAPABLE OF ANYTHING EXCEPT ONE ASSET BUBBLE AFTER ANOTHER...
AND THE DEFICITS AND DECLINE IN THE DOLLAR JUST GOES ON AND ON AND ON...
YES, IT WILL END...AND IT WILL END VERY VERY BADLY...
BUT THERE YOU HAVE IT... NO ONE REALLY CARES... IT'S ALL ABOUT THE LOOTING NOW... AND LET THE NEXT GUY FIGURE IT OUT...
GREENSPAN REDUX... LOOT LIKE MAD....THEN WRITE A BOOK TO COVER YOUR ASS...!
MARKETS SOAR ON WEAKENING ECONOMY...
Hmmmmm....? Sounds logical...'cuss then the FED will cut rates again...!
THIS IS A MARKET THAT CAN'T GO DOWN...AND WON'T GO DOWN...UNTIL THE BIG BOYS PULL THE PLUG...AND NO ONE KNOWS WHEN THAT WILL HAPPEN...
THIS IS A MARKET THAT CAN'T GO DOWN...AND WON'T GO DOWN...UNTIL THE BIG BOYS PULL THE PLUG...AND NO ONE KNOWS WHEN THAT WILL HAPPEN...
GOOGLE IS A "CRASH PROOF" NO BRAINER!!
THERE I SAID IT...! NOW THE CURSE IS OFFICIAL
WE HAVE A MANIA...!
WE HAVE A MANIA...!
OIL AT $100 IN NEW YEAR...
GEE, I WONDER HOW HIGH THE DOW WILL GO THEN...!
PRETTY HIGH IF THE DOLLAR BREAKS 150 ON THE EURO...
YEAH...I KNOW...IT'S KINDA LIKE THAT THESE DAYS...
NO ONE EVER PROMISED YOU "RATIONAL MARKETS" AFTER ALL!!
PRETTY HIGH IF THE DOLLAR BREAKS 150 ON THE EURO...
YEAH...I KNOW...IT'S KINDA LIKE THAT THESE DAYS...
NO ONE EVER PROMISED YOU "RATIONAL MARKETS" AFTER ALL!!
STOCKS SOAR ON RECORD OIL PRICES AND WEAKER DOLLAR!
YEAH...IT'S KINDA LIKE THAT NOWADAYS ISN'T IT...
THIS IS A MARKET THAT...AS THEY SAY..."WANTS" TO GO UP...
WHY? WELL WHO KNOWS...PROBABLY BECAUSE IT'S A MARKET RUN BE VERY RICH FOLKS WHO SELL STOCKS...AND WHO KNOW THE FED WILL KEEP PRINTING MONEY FOR THEM NO MATTER WHAT HAPPENS...SO WHY NOT BUY THE "BERNANKE PUT...??"
THIS IS A MARKET THAT...AS THEY SAY..."WANTS" TO GO UP...
WHY? WELL WHO KNOWS...PROBABLY BECAUSE IT'S A MARKET RUN BE VERY RICH FOLKS WHO SELL STOCKS...AND WHO KNOW THE FED WILL KEEP PRINTING MONEY FOR THEM NO MATTER WHAT HAPPENS...SO WHY NOT BUY THE "BERNANKE PUT...??"
Thursday, October 11, 2007
ARE THE HOUSING AND CREDIT TROUBLES OVER?
NO WAY....! THEY ARE JUST GETTING STARTED...
BUT BERNANKE'S "NEW MONEY" IS JUICING AND GOOSING THE STOCK MARKET BACK UP TO BUBBLE PRICES!!
WILL THEY EVER LEARN...?
SOMETIMES BEING A CENTRAL BANKER INVOVLES MORE THAN "BRINGING OUT THE PUNCH BOWL" AND KEEPING IT FILLED TO THE BRIM 24/7....
BUT BERNANKE'S "NEW MONEY" IS JUICING AND GOOSING THE STOCK MARKET BACK UP TO BUBBLE PRICES!!
WILL THEY EVER LEARN...?
SOMETIMES BEING A CENTRAL BANKER INVOVLES MORE THAN "BRINGING OUT THE PUNCH BOWL" AND KEEPING IT FILLED TO THE BRIM 24/7....
FORECLOSURES DOUBLE!!
IN A DECLINING PRICE ENVIRONMENT FEW WILL HAVE THE INCENTIVE TO "SAVE THE HOUSE"...IN CHAPTER 13...
OR TO REAFFIRM THEIR PAYMENTS AFTER A CHAPTER 7 BANKRUPTCY...
MANY MAY JUST WALK AWAY...
THOSE WHO BOUGHT THE MOST EXPENSIVE HOUSE THEY COULD GET INTO...IN HOPES THAT HOUSE PRICES WOULD CONTINUE GOING UP 20% PER YEAR...ARE NOW IN DIFFICULT CONDITIONS...
IF THEIR MORTGAGE WAS AN "ARM" OR "TEASER" AND THEY WERE PLANNING A "FLIP"....THINGS ARE EVEN MORE DIRE...
OR TO REAFFIRM THEIR PAYMENTS AFTER A CHAPTER 7 BANKRUPTCY...
MANY MAY JUST WALK AWAY...
THOSE WHO BOUGHT THE MOST EXPENSIVE HOUSE THEY COULD GET INTO...IN HOPES THAT HOUSE PRICES WOULD CONTINUE GOING UP 20% PER YEAR...ARE NOW IN DIFFICULT CONDITIONS...
IF THEIR MORTGAGE WAS AN "ARM" OR "TEASER" AND THEY WERE PLANNING A "FLIP"....THINGS ARE EVEN MORE DIRE...
STOCKS WILL CONTINUE STRAIGHT UP...
NOTHING CAN STOP THE MARKET NOW...WE ARE IN A TOTALLY IRRATIONAL PHASE ....AS EXEMPLIFIED BY THE MARKET'S INSANE REACTION TO THE FED MINUTES THIS WEEK...
IF THE FED CUTS AT THE NEXT MEETING STOCKS COULD SOAR TO 18,000 BY THE END OF THIS YEAR...THAT HAS BEEN MY PREDICTION ALL ALONG.
EARNING WARNINGS COULD CAP THE ADVANCE...BUT MY HUNCH IS THAT CREATIVE ACCOUNTING, CEO OPTIMISM AND BROKERAGE UPGRADES WILL HANDLE THAT.
THE MARKET CAN BEARLY MUSTER ONE DOWN DAY BEFORE A BUYING OPPORTUNITY IS DECLARED.
THE FED WILL PRINT MONEY LIKE MAD FOR THE REST OF THIS YEAR...THE DOLLAR WILL CONTINUE TO PLUNGE AND OIL WILL RISE...
2007 WILL BE THE BEST YEAR IN THE LAST SEVERAL FOR STOCKS...
AS TO 2008...WELL, THE CHICKENS COULD BE COMING HOME TO ROOST...
BUT PARTY ON DUDES...THAT'S WAY OFF NEXT YEAR...STILL MILLIONS OF SUCKERS TO FLEECE IN 2007!!
IF THE FED CUTS AT THE NEXT MEETING STOCKS COULD SOAR TO 18,000 BY THE END OF THIS YEAR...THAT HAS BEEN MY PREDICTION ALL ALONG.
EARNING WARNINGS COULD CAP THE ADVANCE...BUT MY HUNCH IS THAT CREATIVE ACCOUNTING, CEO OPTIMISM AND BROKERAGE UPGRADES WILL HANDLE THAT.
THE MARKET CAN BEARLY MUSTER ONE DOWN DAY BEFORE A BUYING OPPORTUNITY IS DECLARED.
THE FED WILL PRINT MONEY LIKE MAD FOR THE REST OF THIS YEAR...THE DOLLAR WILL CONTINUE TO PLUNGE AND OIL WILL RISE...
2007 WILL BE THE BEST YEAR IN THE LAST SEVERAL FOR STOCKS...
AS TO 2008...WELL, THE CHICKENS COULD BE COMING HOME TO ROOST...
BUT PARTY ON DUDES...THAT'S WAY OFF NEXT YEAR...STILL MILLIONS OF SUCKERS TO FLEECE IN 2007!!
Subscribe to:
Posts (Atom)