THE NOTION THAT "THE SURGE IS WORKING" IS ONE OF THOSE LITTLE MANTRAS...THAT IS SIMPLY UNTRUE...BUT KEEPS ON GOING....
REPEATED OFTEN ENOUGH...MANY PEOPLE NOW BELIEVE IT....
THE AMERICANS AND THE IRAQIS ARE TWO TURDS SPINNING IN THE SAME TOILET... JUST FLUSH ALREADY DAMN IT!!
Thursday, January 31, 2008
MASSIVE RALLY GOES UN-NOTICED!!
AMAZINGLY THE MASSIVE 200 POINT RALLY IN THE DOW TODAY....IS COMPLETELY UNNOTICED BY THE MAJOR MEDIA...
WHY?
WELL LETS JUST SAY THAT LIKE THE DRUNK AT A PARTY DANCING WITH A MOP AND STUMBLING ALL OVER THE PLACE...POLITE PEOPLE TRY NOT TO PAY ATTENTION.... UNSEEMLY BEHAVIOR IS OFTEN JUST IGNORED ....
WALL STREET AND THE FED ARE BECOMING AN EMBARASSMENT TO REASONABLE AMERICANS EVERYWHERE...
DANCE WALL STREET....DANCE...!
WHY?
WELL LETS JUST SAY THAT LIKE THE DRUNK AT A PARTY DANCING WITH A MOP AND STUMBLING ALL OVER THE PLACE...POLITE PEOPLE TRY NOT TO PAY ATTENTION.... UNSEEMLY BEHAVIOR IS OFTEN JUST IGNORED ....
WALL STREET AND THE FED ARE BECOMING AN EMBARASSMENT TO REASONABLE AMERICANS EVERYWHERE...
DANCE WALL STREET....DANCE...!
AS GOES JANUARY...?
A DESPERATE ATTEMPT TO SAVE JANUARY BY THE SHILLS...
THE ONLY PROBLEM IS TOMORROW IS FEBRUARY...THEN MARCH ...THEN APRIL...
THERE'S A WHOLE LOT OF "BUBBLE SAVIN'" YET TO COME...THIS YEAR!
THE MARKET IS COMPLETELY FAKE NOW....IT'S STRICTLY INSIDER TRADES AND MARKET MASTERS MANIPULATING THE AVERAGES AND THE FED FOR BEST ADVANTAGE...
NONE OF THIS IS REAL...AND FOR SURE NOT PERMANENT....
LIKELY A BUNCH OF MONEY MANAGERS FOR PENSIONS...HAD TO "BE IN" BEFORE THE END OF THE MONTH...OR EXPLAIN THEMSELVES TO THEIR CLIENTS....
HENCE THE "BIG PLUNK" FOR THE BLUE CHIPS LATE TODAY...
THE ONLY PROBLEM IS TOMORROW IS FEBRUARY...THEN MARCH ...THEN APRIL...
THERE'S A WHOLE LOT OF "BUBBLE SAVIN'" YET TO COME...THIS YEAR!
THE MARKET IS COMPLETELY FAKE NOW....IT'S STRICTLY INSIDER TRADES AND MARKET MASTERS MANIPULATING THE AVERAGES AND THE FED FOR BEST ADVANTAGE...
NONE OF THIS IS REAL...AND FOR SURE NOT PERMANENT....
LIKELY A BUNCH OF MONEY MANAGERS FOR PENSIONS...HAD TO "BE IN" BEFORE THE END OF THE MONTH...OR EXPLAIN THEMSELVES TO THEIR CLIENTS....
HENCE THE "BIG PLUNK" FOR THE BLUE CHIPS LATE TODAY...
STREET TRIES TO RE-ESTABLISH MOMENTUM BUBBLE...
THERE IS A LOT OF DESPERATION IN THE MARKETS NOW....
THE MOMENTUM BUBBLE NEEDS TO BE RE-ESTABLISHED AT ALL COSTS...
TODAY'S INSANE ACTION SHOWS JUST HOW UNHEALTHY THIS CAN BE....
THE MOMENTUM BUBBLE NEEDS TO BE RE-ESTABLISHED AT ALL COSTS...
TODAY'S INSANE ACTION SHOWS JUST HOW UNHEALTHY THIS CAN BE....
JIM ROGERS SAYS BERNANKE IS "OUT OF CONTROL!!"
DOOM SEEN!! WORSE DECLINE SINCE THE 30'S!!
ROGERS IS ONE OF THE FEW MARKET COMMENTATORS WHO ALLOWS MACRO THINKING TO TRUMP "TOUT THINKING" WHEN NECESSARY...
THIS IS VERY RARE IN THE US MEDIA...WHERE THE USUAL ASSHOLES ARE HYPING STOCKS 24.7.365 NO MATTER WHAT...
ROGERS IS ONE OF THE FEW MARKET COMMENTATORS WHO ALLOWS MACRO THINKING TO TRUMP "TOUT THINKING" WHEN NECESSARY...
THIS IS VERY RARE IN THE US MEDIA...WHERE THE USUAL ASSHOLES ARE HYPING STOCKS 24.7.365 NO MATTER WHAT...
MAJOR CRASH ONLY DAYS AWAY....
I SENSE THAT WE ARE AT THE END OF THE ROPE HERE...
IT COULD BE TODAY, TOMORROW...NEXT WEEK...WHATEVER.
IT'S COMING.... YOU CAN FEEL IT.... SOMETHING HAS TO GIVE... THIS CAN'T GO ON MUCH LONGER...
WHEN THE HOPELESSNESS IS THIS DEEP...AND THE FED IS IN PANIC MODE...AND SO MUCH IS HIDDEN SO DEEP...
THE BEST THING WOULD BE THE SEEMINGLY WORST THING...
A CRASH TO JUST CLEAR THE AIR...
WE CAN PICK UP THE PIECES....THERE ARE SMART PEOPLE WHO CAN DO IT...
WHAT WE CAN'T DO IS CONTINUE SUPPORTING THIS FANTASY ECONOMY IN THE US....THAT IS ALL BUT FINISHED...
IT COULD BE TODAY, TOMORROW...NEXT WEEK...WHATEVER.
IT'S COMING.... YOU CAN FEEL IT.... SOMETHING HAS TO GIVE... THIS CAN'T GO ON MUCH LONGER...
WHEN THE HOPELESSNESS IS THIS DEEP...AND THE FED IS IN PANIC MODE...AND SO MUCH IS HIDDEN SO DEEP...
THE BEST THING WOULD BE THE SEEMINGLY WORST THING...
A CRASH TO JUST CLEAR THE AIR...
WE CAN PICK UP THE PIECES....THERE ARE SMART PEOPLE WHO CAN DO IT...
WHAT WE CAN'T DO IS CONTINUE SUPPORTING THIS FANTASY ECONOMY IN THE US....THAT IS ALL BUT FINISHED...
WILL US DOLLAR KISS 149 ON EURO TODAY...?
SOONER OR LATER... AND 150 AND BEYOND...
IT'S SO EASY TO FUCK THE FED...EVERYONE WANTS TO DO IT NOW...
AS THE DOLLAR GOES DOWN...THE DOW CAN GO UP...BUT THAT'S NOT GOOD MONETARY POLICY...AND MAKES THE FED INTO A BIT OF A SICK JOKE...
IT'S SO EASY TO FUCK THE FED...EVERYONE WANTS TO DO IT NOW...
AS THE DOLLAR GOES DOWN...THE DOW CAN GO UP...BUT THAT'S NOT GOOD MONETARY POLICY...AND MAKES THE FED INTO A BIT OF A SICK JOKE...
MSM GOES GLOOM AND DOOM!! NOW THEY TELL US!!
OF COURSE READERS HERE HAVE SEEN THIS COMING FOR YEARS...
FOR GOOGLE IT'S A LONG, LONG, LONG WAY DOWN!
GOOGLE HAS BEEN OUR UNOFFICIAL "TECH BUBBLE COMPANY" FOR YEARS....REPLACING THE ENTIRE DOT COM SECTOR AFTER THE TECH BUST IN 2000!
ALL THE TECH PLAYERS IN THAT LITTLE DISASTER WERE ALLOWED TO "PLAY GOOGLE" FOR THEIR TECH BUBBLE NEEDS AND FANTASIES...
SORT OF PROVIDING A SECURITY BLANKET FOR ALL THOSE DOT-COM KIDS...AND KEEPING THEM IN THE GAME.
WELL, THAT MIGHT BE ENDING SOON...
RECESSIONS HAVE A WAY OF FOCUSING THE MIND...SORT OF LIKE WATCHING A HANGING...!
ALL THE TECH PLAYERS IN THAT LITTLE DISASTER WERE ALLOWED TO "PLAY GOOGLE" FOR THEIR TECH BUBBLE NEEDS AND FANTASIES...
SORT OF PROVIDING A SECURITY BLANKET FOR ALL THOSE DOT-COM KIDS...AND KEEPING THEM IN THE GAME.
WELL, THAT MIGHT BE ENDING SOON...
RECESSIONS HAVE A WAY OF FOCUSING THE MIND...SORT OF LIKE WATCHING A HANGING...!
ONLY A MARKET CRASH CAN "CURE" US NOW
WHEN A PLANE IS IN A DEATH SPIRAL...HITTING THE GROUND IS WHAT "CURES" THE DECLINE....EVERYTHING ELSE IS JUST DESPERATE AND ULTIMATELY USELESS PANIC...
UNDERSTAND....?
UNDERSTAND....?
"GREENSPAN PUT" BECOMES "BERNANKE PANIC!!"
THE ECONOMY IS IN A LIQUIDITY TRAP...THERE ARE NO MORE BUBBLES LEFT TO INFLATE...
SOME HAVE SUGGESTED "ALTERNATIVE ENERGY"...SORT OF LIKE "DOT COM LIGHT"...? WELL I DON'T THINK SO... IT'S AN INTERESTING IDEA...
BUT IT'S NOT REALLY THE "KILLER APP" THAT THE INTERNET AND E-TAILING WERE TOUTED TO BE...
BERNANKE CAN PRINT MONEY TILL HE'S BLUE IN THE FACE AND IT ISN'T GOING TO DO A THING...
THE BANKS WERE SO LADEN WITH CASH THAT THEY BEGAN TO SPECULATE ON ANYTHING AND EVERYTHING.... NOW COMES THE COLLAPSE .... AND THERE IS MUCH MUCH MORE TO COME
DERIVATIVES...CREDIT CARDS...CORPORATE JUNK BONDS...AND NEWLY "DISCOVERED" JUNK DEBT!
PRINT BEN PRINT!!
SEE BEN PRINT!!
WE ARE SO FUCKED.....!!
AND I BLAME THE REPUBLICANS, AND THE WALL STREET ELITES...AND THOSE ASSHOLE DEMOCRATS, LIKE THE CLINTONS, WHO WERE ON THE TAKE THESE MANY YEARS...!
BUT NONE OF THIS COULD HAVE HAPPEN IF THE AMERICAN PEOPLE WERE NOT SO GOD DAMN STUPID...
SO IN THE END BUBBA...YOU FUCKED YOURSELF...GO TELL RUSH LIMBAUGH ABOUT THAT!!
SOME HAVE SUGGESTED "ALTERNATIVE ENERGY"...SORT OF LIKE "DOT COM LIGHT"...? WELL I DON'T THINK SO... IT'S AN INTERESTING IDEA...
BUT IT'S NOT REALLY THE "KILLER APP" THAT THE INTERNET AND E-TAILING WERE TOUTED TO BE...
BERNANKE CAN PRINT MONEY TILL HE'S BLUE IN THE FACE AND IT ISN'T GOING TO DO A THING...
THE BANKS WERE SO LADEN WITH CASH THAT THEY BEGAN TO SPECULATE ON ANYTHING AND EVERYTHING.... NOW COMES THE COLLAPSE .... AND THERE IS MUCH MUCH MORE TO COME
DERIVATIVES...CREDIT CARDS...CORPORATE JUNK BONDS...AND NEWLY "DISCOVERED" JUNK DEBT!
PRINT BEN PRINT!!
SEE BEN PRINT!!
WE ARE SO FUCKED.....!!
AND I BLAME THE REPUBLICANS, AND THE WALL STREET ELITES...AND THOSE ASSHOLE DEMOCRATS, LIKE THE CLINTONS, WHO WERE ON THE TAKE THESE MANY YEARS...!
BUT NONE OF THIS COULD HAVE HAPPEN IF THE AMERICAN PEOPLE WERE NOT SO GOD DAMN STUPID...
SO IN THE END BUBBA...YOU FUCKED YOURSELF...GO TELL RUSH LIMBAUGH ABOUT THAT!!
MASSIVE UNEMPOLYMENT LOOMS FOR STUPID "RED STATE" AMERICANS!!
BUT THAT'S WHAT STUPID PEOPLE DESERVE...
REMEMBER BUBBA, WHILE YOUR STANDING IN LINE FOR YOUR UNEMPLOYMENT CHECK...AT LEAST GAYS CAN'T MARRY!!
SO ASSHOLE, THE REPUBLICANS HAVEN'T TOTALLY FUCK YOU OVER!!
AT LEAST YOU GOT SOMETHING FOR YOUR "RED STATE" SHIT-HEAD VOTE....
MEANWHILE THE LOOTING BY THE WALL STREET RICH CONTINUED APACE!!
REMEMBER BUBBA, WHILE YOUR STANDING IN LINE FOR YOUR UNEMPLOYMENT CHECK...AT LEAST GAYS CAN'T MARRY!!
SO ASSHOLE, THE REPUBLICANS HAVEN'T TOTALLY FUCK YOU OVER!!
AT LEAST YOU GOT SOMETHING FOR YOUR "RED STATE" SHIT-HEAD VOTE....
MEANWHILE THE LOOTING BY THE WALL STREET RICH CONTINUED APACE!!
MONETARY POLICY DOESN'T COUNT IN A HYPER-LIQUIDITY BUBBLE ECONOMY
THE PROBLEM IS THAT THE FED HAS BEEN PRINTING MONEY LIKE MAD FOR DECADES....!
HAVING GONE GIDDY ABOUT THE DE-INDUSTRIALIZATION OF THE US ECONOMY AND THE DEFEAT OF THE UNIONS IN THE 1980'S...
IT WAS THOUGHT THAT NO AMOUNT OF "MONEY PRINTING" COULD CAUSE "BAD THINGS" IN THE REAL ECONOMY...
THEREFORE....ASSET INFLATION IN THE FINANCIAL ECONOMY COULD PROCEED APACE...AND THE RICH WOULD GET FABULOUSLY RICHER AND THE WORKING CLASS WOULD BE HELPLESS TO PREVENT IT...
AND...GUESS WHAT? THAT IS EXACTLY WHAT HAPPEN...!!
ASSET INFLATION WAS IGNORED AS "GOOD INFLATION"....AND THE WORKING AND MIDDLE CLASS DECLINED ....EVEN AS CHEAP CHINESE GOODS FLOODED THE US MARKET!
NOW...WELL...SORRY BUNKIE... INFLATION IS INFLATION IS INFLATION! AS MS WOOLF MIGHT SAY...
NOW ALL THAT MONEY THAT WAS PRINTED FOR THE NEWLY LIBERATED RICH...AND WHICH WAS PILED INTO ASSETS...AND EXPANSION IN CHINA AND ELSEWHERE....IS COMING HOME TO ROOST...
EVEN THE RICH CAN HAVE TOO MUCH MONEY!! THAT IS THE MESSAGE TO BERNANKE.... BUT THEY AREN'T LISTENING...
SO NOW, THE ASSET BUBBLES ARE NOT RESPONDING TO THE "NEW MONEY"....THE BUBBLES ARE WAY WAY BEYOND SOUND ECONOMIC PRINCIPALS....
EXAMPLE....HOUSE PRICES STILL FAR EXCEED THE "RENTAL VALUE" OF THE HOUSE!!
THAT IS AMAZINGLY.... THAT YOU'D BUY SOMETHING THAT WOULD NOT HAVE A POSSIBLE RETURN ON IT'S CAPITAL INVESTMENT...
BUT WE WERE RELYING ON THE FED'S PERMA-ASSET INFLATION THAT HAS PREVAILED FOR THE LAST 20 YEARS...THE SO-CALL "GREENSPAN PUT"...NOW APTLY CALLED THE "BERNANKE PANIC!"
SO AS I'VE SAID HERE MANY TIMES...
YOU CAN'T CURE A HYPER-LIQUIDITY BUBBLE ECONOMY ....WITH MORE LIQUIDITY!!
YOU CAN'T CURE A DRUNK BY PROVIDING HIM MORE BEER!!
I WONDER WHAT PART OF THAT THE FED DOESN'T QUITE UNDERSTAND!!
HAVING GONE GIDDY ABOUT THE DE-INDUSTRIALIZATION OF THE US ECONOMY AND THE DEFEAT OF THE UNIONS IN THE 1980'S...
IT WAS THOUGHT THAT NO AMOUNT OF "MONEY PRINTING" COULD CAUSE "BAD THINGS" IN THE REAL ECONOMY...
THEREFORE....ASSET INFLATION IN THE FINANCIAL ECONOMY COULD PROCEED APACE...AND THE RICH WOULD GET FABULOUSLY RICHER AND THE WORKING CLASS WOULD BE HELPLESS TO PREVENT IT...
AND...GUESS WHAT? THAT IS EXACTLY WHAT HAPPEN...!!
ASSET INFLATION WAS IGNORED AS "GOOD INFLATION"....AND THE WORKING AND MIDDLE CLASS DECLINED ....EVEN AS CHEAP CHINESE GOODS FLOODED THE US MARKET!
NOW...WELL...SORRY BUNKIE... INFLATION IS INFLATION IS INFLATION! AS MS WOOLF MIGHT SAY...
NOW ALL THAT MONEY THAT WAS PRINTED FOR THE NEWLY LIBERATED RICH...AND WHICH WAS PILED INTO ASSETS...AND EXPANSION IN CHINA AND ELSEWHERE....IS COMING HOME TO ROOST...
EVEN THE RICH CAN HAVE TOO MUCH MONEY!! THAT IS THE MESSAGE TO BERNANKE.... BUT THEY AREN'T LISTENING...
SO NOW, THE ASSET BUBBLES ARE NOT RESPONDING TO THE "NEW MONEY"....THE BUBBLES ARE WAY WAY BEYOND SOUND ECONOMIC PRINCIPALS....
EXAMPLE....HOUSE PRICES STILL FAR EXCEED THE "RENTAL VALUE" OF THE HOUSE!!
THAT IS AMAZINGLY.... THAT YOU'D BUY SOMETHING THAT WOULD NOT HAVE A POSSIBLE RETURN ON IT'S CAPITAL INVESTMENT...
BUT WE WERE RELYING ON THE FED'S PERMA-ASSET INFLATION THAT HAS PREVAILED FOR THE LAST 20 YEARS...THE SO-CALL "GREENSPAN PUT"...NOW APTLY CALLED THE "BERNANKE PANIC!"
SO AS I'VE SAID HERE MANY TIMES...
YOU CAN'T CURE A HYPER-LIQUIDITY BUBBLE ECONOMY ....WITH MORE LIQUIDITY!!
YOU CAN'T CURE A DRUNK BY PROVIDING HIM MORE BEER!!
I WONDER WHAT PART OF THAT THE FED DOESN'T QUITE UNDERSTAND!!
FUTURES LOOK GRIM...NO JOY FROM FED PANIC!!
WHY SHOULD THERE BE...?
WHEN A CENTRAL BANK GIVES UP IT'S CREDIBILITY TO PLEASE THE SPECULATORS...THINGS SHOULD BE GRIM.
WHEN A CENTRAL BANK GIVES UP IT'S CREDIBILITY TO PLEASE THE SPECULATORS...THINGS SHOULD BE GRIM.
Wednesday, January 30, 2008
HERE'S THE FED STATEMENT...
The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 3 percent.
Financial markets remain under considerable stress, and credit has tightened further for some businesses and households. Moreover, recent information indicates a deepening of the housing contraction as well as some softening in labor markets.
The Committee expects inflation to moderate in coming quarters, but it will be necessary to continue to monitor inflation developments carefully.
Today’s policy action, combined with those taken earlier, should help to promote moderate growth over time and to mitigate the risks to economic activity. However, downside risks to growth remain. The Committee will continue to assess the effects of financial and other developments on economic prospects and will act in a timely manner as needed to address those risks.
NO KOW-TOW FROM ASIA...THEIR CENTRAL BANKS STILL HAVE SOME BACKBONE!!
FED SEEN AS PITIFUL AND PANICKED...!
IT'S JUST A LONG LONG WAY DOWN TO THE NEXT "NEW PARADIGM"...AND AMERICA WILL BE HOLDING CHINA'S COAT DURING THE NEW CENTURY...
IT'S JUST A LONG LONG WAY DOWN TO THE NEXT "NEW PARADIGM"...AND AMERICA WILL BE HOLDING CHINA'S COAT DURING THE NEW CENTURY...
CAN THE STREET BULLSHIT OIL LOWER...?
I DON'T THINK SO...
IT'S REALLY A DOLLAR ISSUE NOW...NOT A "DEMAND" ISSUE...AND IF THE DEMAND FOR OIL FALLS OFF A CLIFF...
WHAT THE FUCK IS GOING TO BE HAPPENING IN THE "REAL ECONOMY"....
BULLSHIT WON'T LOWER OIL PRICES...SORRY...
IT'S REALLY A DOLLAR ISSUE NOW...NOT A "DEMAND" ISSUE...AND IF THE DEMAND FOR OIL FALLS OFF A CLIFF...
WHAT THE FUCK IS GOING TO BE HAPPENING IN THE "REAL ECONOMY"....
BULLSHIT WON'T LOWER OIL PRICES...SORRY...
FED PROMISES TO BEND OVER AGAIN FOR THE SPECULATORS!!
BUT THE MARKETS WERE IN A SULKY POUT AT THE END...
THERE IS LITTLE ANYONE CAN DO FOR THE US ECONOMY NOW...
THE FED REALIZES THAT IT'S BUBBLES OR NOTHING...
THE BALL IS IN THE FOREIGNERS COURT...DO THEY ACCEPT THE EASY MONEY...OR DO THEY MOVE OUT OF THE DOLLAR...
GOLD WILL DO VERY WELL GOING FORWARD...THE FED HAS MAKE IT A NO BRAINER...
AS TO STOCKS...IF THE DOLLAR GOES DOWN...STOCKS CAN GO UP...
AS TO THE CONSUMER...THAT $600 CHECK WILL BE IN THE BANK OF CHINA WITHIN A WEEK...
AND IT WON'T EVEN MAKE ONE DELINQUENT HOUSE PAYMENT...
VERY SAD REALLY...WE ARE ALL JUST WAITING FOR THE NEXT SHOE TO DROP...
THERE IS LITTLE ANYONE CAN DO FOR THE US ECONOMY NOW...
THE FED REALIZES THAT IT'S BUBBLES OR NOTHING...
THE BALL IS IN THE FOREIGNERS COURT...DO THEY ACCEPT THE EASY MONEY...OR DO THEY MOVE OUT OF THE DOLLAR...
GOLD WILL DO VERY WELL GOING FORWARD...THE FED HAS MAKE IT A NO BRAINER...
AS TO STOCKS...IF THE DOLLAR GOES DOWN...STOCKS CAN GO UP...
AS TO THE CONSUMER...THAT $600 CHECK WILL BE IN THE BANK OF CHINA WITHIN A WEEK...
AND IT WON'T EVEN MAKE ONE DELINQUENT HOUSE PAYMENT...
VERY SAD REALLY...WE ARE ALL JUST WAITING FOR THE NEXT SHOE TO DROP...
THE STREET GOES SQUIRRELY ON FED AND HILLARY SET BACK!
HILLARY BEING WALL STREETS CHOICE ON THE DEMOCRATIC SIDE...
KUDOS TO EDWARDS FOR SAVING US FROM THE CLINTONS!!
A NICE AMBASSADORSHIP FOR EDWARDS WOULD BE A FINE CAREER TOPPER...!
EDWARDS WOULD ALSO BE A GOOD VP CHOICE AS A "MINORITY" SOUTHERN WHITE MALE...TO BALANCE THE OBAMA TICKET REGIONALLY AND RACIALLY....
EDWARDS WOULD ALSO BE A GOOD VP CHOICE AS A "MINORITY" SOUTHERN WHITE MALE...TO BALANCE THE OBAMA TICKET REGIONALLY AND RACIALLY....
EDWARDS ENDORSES OBAMA!! CLINTONS FURIOUS!!
THE "STOP HILLARY" MOVEMENT HAS JUST MADE A HUGE ADVANCE!!
EDWARDS AND OBAMA NO LONGER SPLIT THE "CHANGE VOTE!!" THE "MALE VOTE" OR THE "POPULIST VOTE!!"
OBAMA NOW ASSURED THE NOMINATION!!
OBAMA BANDWAGON IS ROLLING....!
HILLARY CAN'T WIN WITH HER "TRAIL OF TEARS" ACT....
OR, BLOW JOB BILL'S ANGER, RACISM AND RAGE!!
THE FUTURE IS NOW...
WE DON'T NEED TO GO BACK TO THE DISMAL AND DIRTY PAST WITH THE CLINTONS!!
EDWARDS AND OBAMA NO LONGER SPLIT THE "CHANGE VOTE!!" THE "MALE VOTE" OR THE "POPULIST VOTE!!"
OBAMA NOW ASSURED THE NOMINATION!!
OBAMA BANDWAGON IS ROLLING....!
HILLARY CAN'T WIN WITH HER "TRAIL OF TEARS" ACT....
OR, BLOW JOB BILL'S ANGER, RACISM AND RAGE!!
THE FUTURE IS NOW...
WE DON'T NEED TO GO BACK TO THE DISMAL AND DIRTY PAST WITH THE CLINTONS!!
WILL CHINA "ADOPTED" THE ORPHAN DOLLAR...?
ONLY IF CHINA WANTS TO OWN AMERICA SOMEDAY...
NOBODY ELSE SEEMS INTERESTED...IN BUYING A HOLLOW ECONOMY.
NOBODY ELSE SEEMS INTERESTED...IN BUYING A HOLLOW ECONOMY.
MASSIVE RALLY ON WALL STREET AFTER FED CUT!!
I SEE NO REASON FOR LOGIC TO SUDDENLY RETURN TO WALL STREET...
THEY SIMPLY MUST "THANK" THE FED FOR THE KOW-TOW AND RALLY WILDLY INTO THE CLOSE...
THE TIME FOR BITCHING ABOUT ANOTHER RATE CUT IS TOMORROW... TO SELL THIS RATE CUT WOULD CREATE THE IMPRESSION THAT RATE CUTS "DON'T WORK"...OR THAT THE FED IS IN "PANIC MODE," ETC.
AND THAT IS AGAINST THE BEST INTERESTS OF THE GREEDMONGERS NOW...
WATCH FOR A HUGE RALLY ON THE RATE CUT ANNOUNCEMENT!!
THE "RALLY" WILL BE A QUICK MOONSHOT...OF ABOUT 100 TO 200 POINTS...
P.S. AND UP SHE GOES...AS PREDICTED...!
THEY SIMPLY MUST "THANK" THE FED FOR THE KOW-TOW AND RALLY WILDLY INTO THE CLOSE...
THE TIME FOR BITCHING ABOUT ANOTHER RATE CUT IS TOMORROW... TO SELL THIS RATE CUT WOULD CREATE THE IMPRESSION THAT RATE CUTS "DON'T WORK"...OR THAT THE FED IS IN "PANIC MODE," ETC.
AND THAT IS AGAINST THE BEST INTERESTS OF THE GREEDMONGERS NOW...
WATCH FOR A HUGE RALLY ON THE RATE CUT ANNOUNCEMENT!!
THE "RALLY" WILL BE A QUICK MOONSHOT...OF ABOUT 100 TO 200 POINTS...
P.S. AND UP SHE GOES...AS PREDICTED...!
OPPS...A NASTY BOND DOWN GRADE LATE QUEERED THE RALLY.... BUT I DID SAY: A QUICK MOONSHOT...! NOT THAT IT WOULD LAST... LOL...
FED FEARS RECESSION MORE THAN INFLATION!!
BUT ALAS...THEY WILL GET BOTH!!
THUS IT ALWAYS HAS BEEN WITH COWARDS...!
COWARDS LIVE ALL OF THEIR NIGHTMARES!
NEVER BEING ABLE TO CHOOSE THEIR FATE...BECAUSE THEY ARE TOO WEAK AND TOO SPINELESS TO CONFRONT THEIR SITUATION!
I THINK THE FED REALIZES THIS...AFTER ALL THEY ARE NOT THAT STUPID!
BUT I SUSPECT THEY FEAR THE PUBLIC, THE STREET AND THE CORRUPT ASSHOLES IN KONGRESS...
IN EFFECT, SMART PEOPLE AT THE MERCY OF THE MOB!
DUMP DOLLARS...BUY GOLD AND EUROS! THE TIME IS NOW...
THUS IT ALWAYS HAS BEEN WITH COWARDS...!
COWARDS LIVE ALL OF THEIR NIGHTMARES!
NEVER BEING ABLE TO CHOOSE THEIR FATE...BECAUSE THEY ARE TOO WEAK AND TOO SPINELESS TO CONFRONT THEIR SITUATION!
I THINK THE FED REALIZES THIS...AFTER ALL THEY ARE NOT THAT STUPID!
BUT I SUSPECT THEY FEAR THE PUBLIC, THE STREET AND THE CORRUPT ASSHOLES IN KONGRESS...
IN EFFECT, SMART PEOPLE AT THE MERCY OF THE MOB!
DUMP DOLLARS...BUY GOLD AND EUROS! THE TIME IS NOW...
FED WILL SUCK UP TO THE STREET....! BERNANKE SHOULD QUIT NOW!!
THE STREET WANTS 50 BP...AND THEY SAY BERNANKE IS "TO AFRAID" TO DISAPPOINT!
WELL BIG FUCKIN DEAL!
HOW THE MIGHTY FED HAS FALLEN...! SO PITIFUL REALLY...
BUT WILL CRAMER, ET AL, BE SATISFIED WITH 50 BP TODAY...?
NOT REALLY...LIKE A SPOILED CHILD...ONCE ONE DESIRE IS MET...ANOTHER ONE POPS UP TO TAKE IT'S PLACE...
WATCH CRAMER START TRYING TO ROLL BERNANKE OVER FOR ANOTHER GO ROUND...WITHIN HOURS OF THE RATE CUT TODAY!
UNDERSTAND ONE THING: THE FED WILL NEVER SATISFY THE SPECULATORS!!
THE PARADOX IS THAT THE AMERICAN ECONOMY IS NOTHING BUT ASSET INFLATION AND SPECULATION NOW!
WE ARE REAPING THE HARVEST OF TWO DECADES OF REPUBLICAN "GREED-IS-GOOD" BULLSHIT!
ONLY A TOTAL COLLAPSE OF THE SYSTEM CAN "CURE IT" NOW... THE FED SHOULD BE REVAMPED TO PROHIBIT BUBBLE THINKING FROM BEING THE DOMINANT REASONING IN MONETARY POLICY DECISIONS.
"WIEMAR BEN" SHOULD QUIT ASAP!
AND FOREIGN CENTRAL BANKS AND OVER-SEAS INVESTORS SHOULD DUMP THEIR DOLLAR ASSETS...
OR BUY HARD AMERICAN ASSETS...QUICKLY, IN THOSE PARTS OF THE US ECONOMY THAT ARE ALREADY SEVERELY DEPRESSED, LIKE REAL ESTATE AND INDUSTRIAL PLANT AND EQUIPMENT IN FLY-OVER-COUNTRY.
THERE ARE STILL A FEW DEPRESSED AREAS IN THE US ECONOMY LEFT TO LOOT....TO DUMP THOSE INCREASINGLY WORTHLESS PAPER DOLLARS!
WHEN THE CRISIS COMES FOR THE DOLLAR IT WILL BE LIKE A MONETARY TSUNAMI...SWEEPING ALL VALUE AWAY IN A FEW MINUTES...
WELL BIG FUCKIN DEAL!
HOW THE MIGHTY FED HAS FALLEN...! SO PITIFUL REALLY...
BUT WILL CRAMER, ET AL, BE SATISFIED WITH 50 BP TODAY...?
NOT REALLY...LIKE A SPOILED CHILD...ONCE ONE DESIRE IS MET...ANOTHER ONE POPS UP TO TAKE IT'S PLACE...
WATCH CRAMER START TRYING TO ROLL BERNANKE OVER FOR ANOTHER GO ROUND...WITHIN HOURS OF THE RATE CUT TODAY!
UNDERSTAND ONE THING: THE FED WILL NEVER SATISFY THE SPECULATORS!!
THE PARADOX IS THAT THE AMERICAN ECONOMY IS NOTHING BUT ASSET INFLATION AND SPECULATION NOW!
WE ARE REAPING THE HARVEST OF TWO DECADES OF REPUBLICAN "GREED-IS-GOOD" BULLSHIT!
ONLY A TOTAL COLLAPSE OF THE SYSTEM CAN "CURE IT" NOW... THE FED SHOULD BE REVAMPED TO PROHIBIT BUBBLE THINKING FROM BEING THE DOMINANT REASONING IN MONETARY POLICY DECISIONS.
"WIEMAR BEN" SHOULD QUIT ASAP!
AND FOREIGN CENTRAL BANKS AND OVER-SEAS INVESTORS SHOULD DUMP THEIR DOLLAR ASSETS...
OR BUY HARD AMERICAN ASSETS...QUICKLY, IN THOSE PARTS OF THE US ECONOMY THAT ARE ALREADY SEVERELY DEPRESSED, LIKE REAL ESTATE AND INDUSTRIAL PLANT AND EQUIPMENT IN FLY-OVER-COUNTRY.
THERE ARE STILL A FEW DEPRESSED AREAS IN THE US ECONOMY LEFT TO LOOT....TO DUMP THOSE INCREASINGLY WORTHLESS PAPER DOLLARS!
WHEN THE CRISIS COMES FOR THE DOLLAR IT WILL BE LIKE A MONETARY TSUNAMI...SWEEPING ALL VALUE AWAY IN A FEW MINUTES...
GO FED! GO! RAH! RAH! RAH!
YEAH IT'S LIKE THAT NOW...
CHEER LEADING REALLY ...NEVER GOOD MONETARY POLICY...JUST, IS IT GOOD FOR THE BUBBLES?
THAT'S WHY THE US ECONOMY IS DOOMED...AND SMARTER AMERICANS ARE STARTING TO NOTICE!
OF COURSE, THE NOTION OF "SMARTER AMERICANS" IS AN OXYMORON...SINCE MOST AMERICANS ARE REALLY JUST MORONS!
STUPIDITY ABOUNDS IN THE LAND OF BUBBA!
DO STUPID PEOPLE REALLY DESERVE TO LEAD....? DEFINITELY NOT.
WHAT WE NEED IS A MORE INTELLIGENT STYLE OF LEADERSHIP....
ANY LEADER IN GOVERNMENT THAT SAYS: "GOVERNMENT IS BAD"....NEEDS TO FIND ANOTHER LINE OF WORK...
GOVERNMENT HAS IT'S PLACE...TO MAINTAIN ORDER AND PROVIDE PUBLIC SECTOR SERVICES AND PROTECTIONS...
AND THE PRIVATE SECTOR HAS IT'S PLACE...TO BE MOTIVATED BY GREED, AND PUSH THE ENVELOPE THROUGH SELFISHNESS. AND THAT'S ALL OK...IN ITS PROPER PLACE.
BUT, ANY LEADER WHO HATES GOVERNMENT SHOULD NOT BE IN PUBLIC SERVICE...
THE GREED SECTOR HAS PLENTY OF OPPORTUNITIES FOR THESE ELITE GREEDMONGERS...
THAT IS REALLY THE FALLACY OF REPUBLICANISM....!!
THEY THINK ALL GOVERNMENT IS BAD!!
AND THEN PROVE IT!!
BY GIVING THE PEOPLE INCOMPETENT AND GREEDY, LOOTING CRONY GOVERNMENT...!
BUT BUBBA AMERICANS BOUGHT INTO THE REPUBLICAN BULLSHIT...
AND NOW THEY ARE GOING TO PAY THE PRICE FOR THEIR IGNORANCE!
THERE IS NO ONE TO BLAME BUT THEMSELVES!!
NOT OSAMA! NOT THOSE NASTY ARABS! CERTAINLY NOT THE NICE ZIONISTS! NOT THE CHINESE COMMUNISTS! NOT "THE UNIONS! AND NOT THE "TRAIL LAWYERS!"
NO NONE OF THE "EVILS" IN THE REPUBLICAN BULLSHIT BIG LIE PANTHEON!!
WHY IS AMERICA GOING TO HELL TODAY...?
LOOK IN THE MIRROR BUBBA!!
JUST LOOK IN THE MIRROR...YOU STUPID ASSHOLE!!
CHEER LEADING REALLY ...NEVER GOOD MONETARY POLICY...JUST, IS IT GOOD FOR THE BUBBLES?
THAT'S WHY THE US ECONOMY IS DOOMED...AND SMARTER AMERICANS ARE STARTING TO NOTICE!
OF COURSE, THE NOTION OF "SMARTER AMERICANS" IS AN OXYMORON...SINCE MOST AMERICANS ARE REALLY JUST MORONS!
STUPIDITY ABOUNDS IN THE LAND OF BUBBA!
DO STUPID PEOPLE REALLY DESERVE TO LEAD....? DEFINITELY NOT.
WHAT WE NEED IS A MORE INTELLIGENT STYLE OF LEADERSHIP....
ANY LEADER IN GOVERNMENT THAT SAYS: "GOVERNMENT IS BAD"....NEEDS TO FIND ANOTHER LINE OF WORK...
GOVERNMENT HAS IT'S PLACE...TO MAINTAIN ORDER AND PROVIDE PUBLIC SECTOR SERVICES AND PROTECTIONS...
AND THE PRIVATE SECTOR HAS IT'S PLACE...TO BE MOTIVATED BY GREED, AND PUSH THE ENVELOPE THROUGH SELFISHNESS. AND THAT'S ALL OK...IN ITS PROPER PLACE.
BUT, ANY LEADER WHO HATES GOVERNMENT SHOULD NOT BE IN PUBLIC SERVICE...
THE GREED SECTOR HAS PLENTY OF OPPORTUNITIES FOR THESE ELITE GREEDMONGERS...
THAT IS REALLY THE FALLACY OF REPUBLICANISM....!!
THEY THINK ALL GOVERNMENT IS BAD!!
AND THEN PROVE IT!!
BY GIVING THE PEOPLE INCOMPETENT AND GREEDY, LOOTING CRONY GOVERNMENT...!
BUT BUBBA AMERICANS BOUGHT INTO THE REPUBLICAN BULLSHIT...
AND NOW THEY ARE GOING TO PAY THE PRICE FOR THEIR IGNORANCE!
THERE IS NO ONE TO BLAME BUT THEMSELVES!!
NOT OSAMA! NOT THOSE NASTY ARABS! CERTAINLY NOT THE NICE ZIONISTS! NOT THE CHINESE COMMUNISTS! NOT "THE UNIONS! AND NOT THE "TRAIL LAWYERS!"
NO NONE OF THE "EVILS" IN THE REPUBLICAN BULLSHIT BIG LIE PANTHEON!!
WHY IS AMERICA GOING TO HELL TODAY...?
LOOK IN THE MIRROR BUBBA!!
JUST LOOK IN THE MIRROR...YOU STUPID ASSHOLE!!
Tuesday, January 29, 2008
BYE BYE RUDY....
GOOD BYE RUDY...!!
RUDY, LIKE DUBYA, SOUGHT TO EXPLOIT THE 9/11 DEBACLE FOR POLITICAL GAIN...AND IN RUDY'S CASE IT DIDN'T WORK...!
IN DUBYA'S CASE IT WORKED TOO WELL...! DUBYA HAS BROUGHT AMERICA TO THE BRINK OF ECONOMIC RUIN AND GEOPOLITICAL DISASTER...
RUDY, LIKE DUBYA, SOUGHT TO EXPLOIT THE 9/11 DEBACLE FOR POLITICAL GAIN...AND IN RUDY'S CASE IT DIDN'T WORK...!
IN DUBYA'S CASE IT WORKED TOO WELL...! DUBYA HAS BROUGHT AMERICA TO THE BRINK OF ECONOMIC RUIN AND GEOPOLITICAL DISASTER...
MC CAIN...A PERFECT "CRACKPOT" CANDIDATE FOR REPUBLICANS
MC CAIN DEMURS TO DEMOCRATS ON THE ECONOMY...THE MOST IMPORTANT ISSUE FOR MOST VOTERS...
MC CAIN IS FOR THE WAR WHICH EVERYONE ELSE IS AGAINST...
YES, AMERICANS DON'T WANT TO "SURRENDER"...AS SOME REPUBLICAN CRANKS LIKE TO SAY...
BUT SURRRENDER TO WHOM...?
SURRENDER IRAQ BACK TO THE IRAQIS...!
IRAQIS, WHO SHOULD HAVE BEEN ALLOWED TO MANAGE THEIR INTERNAL AFFAIRS WITHOUT SUFFERING A US INVASION...AND NOW INTERFERENCE FROM IRAN!
MC CAIN IS THE PERFECT CRACKPOT TO TAKE THE FALL FOR REPUBLICANS IN NOVEMBER!!
LETS CALL IT:
"BUMBLING THROUGH HISTORY WITH A LOVABLE BUT SLIGHTLY OUT OF TOUCH ...AND TOTALLY CRANKY CURMUDGEON...!"
Hmmmm....? I DON'T THINK SO...
WE AREN'T READY FOR THAT YET!
BUT REMEMBER AMERICANS ARE VERY VERY STUPID PEOPLE!
FRANKLY, I THOUGHT REPUBLICANS WOULD BE SMART ENOUGH TO GO WITH ROMNEY...WHO IS INFINTELY BETTER ON THE IMPORTANT ECONOMIC ISSUES...EVEN IF HE IS A FLIP FLOPPER AND WILLING SAY ANYTHING TO GET ELECTED...AND PUT HIS MORMON CULT RELIGION IN POWER!
REMEMBER, JOSEPH SMITH, THE PROPHET,...TRIED AND FAILED FOR THE PRESIDENCY TOO!!
MC CAIN IS FOR THE WAR WHICH EVERYONE ELSE IS AGAINST...
YES, AMERICANS DON'T WANT TO "SURRENDER"...AS SOME REPUBLICAN CRANKS LIKE TO SAY...
BUT SURRRENDER TO WHOM...?
SURRENDER IRAQ BACK TO THE IRAQIS...!
IRAQIS, WHO SHOULD HAVE BEEN ALLOWED TO MANAGE THEIR INTERNAL AFFAIRS WITHOUT SUFFERING A US INVASION...AND NOW INTERFERENCE FROM IRAN!
MC CAIN IS THE PERFECT CRACKPOT TO TAKE THE FALL FOR REPUBLICANS IN NOVEMBER!!
LETS CALL IT:
"BUMBLING THROUGH HISTORY WITH A LOVABLE BUT SLIGHTLY OUT OF TOUCH ...AND TOTALLY CRANKY CURMUDGEON...!"
Hmmmm....? I DON'T THINK SO...
WE AREN'T READY FOR THAT YET!
BUT REMEMBER AMERICANS ARE VERY VERY STUPID PEOPLE!
FRANKLY, I THOUGHT REPUBLICANS WOULD BE SMART ENOUGH TO GO WITH ROMNEY...WHO IS INFINTELY BETTER ON THE IMPORTANT ECONOMIC ISSUES...EVEN IF HE IS A FLIP FLOPPER AND WILLING SAY ANYTHING TO GET ELECTED...AND PUT HIS MORMON CULT RELIGION IN POWER!
REMEMBER, JOSEPH SMITH, THE PROPHET,...TRIED AND FAILED FOR THE PRESIDENCY TOO!!
OBAMA vs THE CLINTONS....
ONE THING OBAMA HAS TO START DOING IS IDENTIFYING HIS OPPOSITION BETTER...
FOR EXAMPLE, OBAMA SHOULD START REFERRING TO HILLARY...AS "THE CLINTONS"....
AFTER ALL MRS. CLINTON IS COUNTING HER TIME IN THE WHITE HOUSE...AS "PRESIDENTIAL EXPERIENCE" ....DURING HER DEFACTO CO-PRESIDENCY WITH "BLOW JOB" BILL....
FOR EXAMPLE, OBAMA SHOULD START REFERRING TO HILLARY...AS "THE CLINTONS"....
AFTER ALL MRS. CLINTON IS COUNTING HER TIME IN THE WHITE HOUSE...AS "PRESIDENTIAL EXPERIENCE" ....DURING HER DEFACTO CO-PRESIDENCY WITH "BLOW JOB" BILL....
THE CLINTONS CAN'T WIN .... IN A FAIR FIGHT...!
HILLARY CAN WIN WHEN NO ONE ELSE IS RUNNING... BUT AGAINST OBAMA IN A FAIR FIGHT I DOUBT PEOPLE WANT FOUR MORE YEARS OF THE CLINTONS ANY MORE THAN THEY WANT FOUR MORE YEARS OF THE BUSHS
IS THERE ROOM FOR YAHOO....?
OR IS IT GOING THE WAY OF ALTA VISTA AND THE OTHER "HOT" SEARCH ENGINES OF THE PAST...
NOTE WELL... THERE IS NO SHORTAGE OF SEARCH ENGINES... THE INTERNET IS FILLED WITH THEM...
BUT CERTAIN SEARCH ENGINES ACHIEVE A STATUS THAT MAKE THEM THE "HOT NEW THING."
THAT HONOR HAS GONE TO ALTA VISTA...REMEMBER THAT LITTLE CHESTNUT FROM THE PAST... THEN, YAHOO... AND NETSCAPE WHICH WAS BOTH SEARCH ENGINE AND PORTAL.
THEN CAME GOOGLE...ORIGINALLY A "CULT" SECRET SITE... BUT SOON EVERYONE WAS USING IT...
AND THE REST IS HISTORY...
WILL GOOGLE BE REPLACED...PROBABLY... BUT IT MAY BE TIME FOR SOME KIND OF SPECIALTY SEARCH ENGINE... A SEARCH ENGINE DESIGNED TO PERFORM ONE OR TWO TASKS BETTER THAN ANY OTHER... WE ALL KNOW THAT TONS OF STUFF ARE MISSED IN A GOOGLE SEARCH...
TYPE IN "APPLE" UNDER GOOGLE IMAGES AND THE FIRST TWO PAGES MAY BE OF A FRUIT...BUT BY THE THIRD PAGE YOUR LOOKING AT COMPUTERS AND SOMEONES DOG NAMED "APPLE!"
IS THERE ROOM FOR YAHOO... WELL I CERTAINLY HOPE SO...! I'VE BEEN A YAHOO USER EVER SINCE THEY ATE GEOCITIES...MANY YEARS AGO...
NOTE WELL... THERE IS NO SHORTAGE OF SEARCH ENGINES... THE INTERNET IS FILLED WITH THEM...
BUT CERTAIN SEARCH ENGINES ACHIEVE A STATUS THAT MAKE THEM THE "HOT NEW THING."
THAT HONOR HAS GONE TO ALTA VISTA...REMEMBER THAT LITTLE CHESTNUT FROM THE PAST... THEN, YAHOO... AND NETSCAPE WHICH WAS BOTH SEARCH ENGINE AND PORTAL.
THEN CAME GOOGLE...ORIGINALLY A "CULT" SECRET SITE... BUT SOON EVERYONE WAS USING IT...
AND THE REST IS HISTORY...
WILL GOOGLE BE REPLACED...PROBABLY... BUT IT MAY BE TIME FOR SOME KIND OF SPECIALTY SEARCH ENGINE... A SEARCH ENGINE DESIGNED TO PERFORM ONE OR TWO TASKS BETTER THAN ANY OTHER... WE ALL KNOW THAT TONS OF STUFF ARE MISSED IN A GOOGLE SEARCH...
TYPE IN "APPLE" UNDER GOOGLE IMAGES AND THE FIRST TWO PAGES MAY BE OF A FRUIT...BUT BY THE THIRD PAGE YOUR LOOKING AT COMPUTERS AND SOMEONES DOG NAMED "APPLE!"
IS THERE ROOM FOR YAHOO... WELL I CERTAINLY HOPE SO...! I'VE BEEN A YAHOO USER EVER SINCE THEY ATE GEOCITIES...MANY YEARS AGO...
WALL STREET BIG LIE TO THE FED...
BUT DOES THE FED EVEN HAVE THE ABILITY TO RESIST WALL STREET DEMANDS ANYMORE....?
FRANKLY I DOUBT IT...
THE STREET IS ALL THAT'S LEFT OF THE AMERICAN ECONOMY...
IT' S BUBBLES or NOTHING FOR AMERICANS... AND BERNANKE KNOWS IT!!
FRANKLY I DOUBT IT...
THE STREET IS ALL THAT'S LEFT OF THE AMERICAN ECONOMY...
IT' S BUBBLES or NOTHING FOR AMERICANS... AND BERNANKE KNOWS IT!!
WALL STREET IS A DANGEROUS MANIC DEPRESSIVE...STAY AWAY!!
THE STREET HAS FINALLY REACH A FLORID AND DANGEROUS PSYCHOTIC STATE!
GO TO GOLD OR SWITCH DOLLARS INTO EUROS....
YOU MAY NEED THEM IF EMIGRATION BECOMES NECESSARY LATER... MANY AMERICANS ARE THINKING ABOUT GOING "EXPAT" SOON...
THE FINAL COLLAPSE IS VERY NEAR....THESE ARE THE LAST DAZE OF THE DOLLAR... THE DEATH RATTLE FOR THE US ECONOMY.
GO TO GOLD OR SWITCH DOLLARS INTO EUROS....
YOU MAY NEED THEM IF EMIGRATION BECOMES NECESSARY LATER... MANY AMERICANS ARE THINKING ABOUT GOING "EXPAT" SOON...
THE FINAL COLLAPSE IS VERY NEAR....THESE ARE THE LAST DAZE OF THE DOLLAR... THE DEATH RATTLE FOR THE US ECONOMY.
GLOOM AND DOOM FINALLY GOES MAINSTREAM
THIS LINK SHOWS THE EXTENT TO WHICH THE GLOOM AND DOOM STYLE MACRO THINKING IS OUT THERE IN THE MSM...
Hmmmm....MAYBE TIME FOR G&D TO GET A NEW MOJO...?
NO...NOT YET...BUT WE WILL FRONT RUN THE COPY CATS...ON IMPORTANT KEY CHANGES...
Hmmmm....MAYBE TIME FOR G&D TO GET A NEW MOJO...?
NO...NOT YET...BUT WE WILL FRONT RUN THE COPY CATS...ON IMPORTANT KEY CHANGES...
RALLY ON FED HYPE!! CRASH ON FED NEWS??
THE FED WILL KISS WALL STREETS ASS THIS WEEK... THEY ALWAYS DO...
BUT THE AFTERMATH...COULD BE A DISASTER... AND NOT JUST THE IMMEDIATE AFTERMATH...
RATHER, SAY A MONTH OR TWO DOWN THE ROAD... COMMODITY PRICES WILL ADJUST TO THE NEW "INFLATIONARY FED" AND THERE WILL BE HELL TO PAY...
ALSO THE DOLLAR IS FLIRTING WITH 150 ON THE EURO...NEVER QUITE CROSSING OVER...
WITH THE COMING "WALL STREET PANIC" RATE CUTS THE FED COULD BE GIVING GLOBAL TRADERS "PERMISSION" TO PUSH THE DOLLAR OVER 150 ON THE EURO...PERMANENTLY.
AND THAT COULD BRING US TO A "NEW GLOBAL PARADIGM" ABOUT THE DOLLAR GOING FORWARD THAT WILL HAVE VERY UNPLEASANT REAL ECONOMY RESULTS...(LOOK HOW GOLD IS RE-ACTING RIGHT NOW!) ...EVEN IF WALL STREET DOES GET IT'S BELOVED BUBBLE BACK THANKS TO BERNANKE'S COWARDICE AND REFUSAL TO JUST DO HIS JOB.
BUT THE AFTERMATH...COULD BE A DISASTER... AND NOT JUST THE IMMEDIATE AFTERMATH...
RATHER, SAY A MONTH OR TWO DOWN THE ROAD... COMMODITY PRICES WILL ADJUST TO THE NEW "INFLATIONARY FED" AND THERE WILL BE HELL TO PAY...
ALSO THE DOLLAR IS FLIRTING WITH 150 ON THE EURO...NEVER QUITE CROSSING OVER...
WITH THE COMING "WALL STREET PANIC" RATE CUTS THE FED COULD BE GIVING GLOBAL TRADERS "PERMISSION" TO PUSH THE DOLLAR OVER 150 ON THE EURO...PERMANENTLY.
AND THAT COULD BRING US TO A "NEW GLOBAL PARADIGM" ABOUT THE DOLLAR GOING FORWARD THAT WILL HAVE VERY UNPLEASANT REAL ECONOMY RESULTS...(LOOK HOW GOLD IS RE-ACTING RIGHT NOW!) ...EVEN IF WALL STREET DOES GET IT'S BELOVED BUBBLE BACK THANKS TO BERNANKE'S COWARDICE AND REFUSAL TO JUST DO HIS JOB.
FORECLOSURES SOAR!!
WHO ARE THESE ASSHOLES WHO THOUGHT PAYING $280,000 FOR A 1200 SQUARE FOOT OLDER MATCH BOX RANCH ON A 60 FOOT LOT...IN A WESTERN OR SOUTHERN STATE WAS A GOOD IDEA...?
DOLLAR TANKS INTO FED MEETING...
NO PROBLEM...
THE DOW CAN KEEP RISING...
AS LONG AS THE FED KEEPS SHORTENING THE "YARD STICK" BY WHICH THE WORLD "MEASURES" THE US ECONOMY!!
ORDINARY AMERICANS WON'T "NOTICE" IT...EXPECT FOR HIGHER GAS AND OTHER CORE PRICES...
BUT NO PROBLEM...ORDINARY AMERICANS CAN BE "HANDLED" WITH WEDGE ISSUES...
JUST GIVE AL SHARPTON A PERMANENT SEAT ON THE FOX SUNDAY NEWS TALKSHOW PANEL...!
YEAH BABY...THAT WOULD DO IT!
THE DOW CAN KEEP RISING...
AS LONG AS THE FED KEEPS SHORTENING THE "YARD STICK" BY WHICH THE WORLD "MEASURES" THE US ECONOMY!!
ORDINARY AMERICANS WON'T "NOTICE" IT...EXPECT FOR HIGHER GAS AND OTHER CORE PRICES...
BUT NO PROBLEM...ORDINARY AMERICANS CAN BE "HANDLED" WITH WEDGE ISSUES...
JUST GIVE AL SHARPTON A PERMANENT SEAT ON THE FOX SUNDAY NEWS TALKSHOW PANEL...!
YEAH BABY...THAT WOULD DO IT!
GOLD SHOULD SOAR ON "UNNECESSARY" FED RATE CUTS!
WAR SPENDING AND CREATIVE ACCOUNTING RESCUED THE DURABLES NUMBER TODAY...
BUT WAR SPENDING AND ASSET BUBBLES ARE THE AMERICAN FORTE...!
TODAY WE WILL GET BOTH!
AND WITH AN ASS RIPPING RALLY INTO THE FED RATE CUT!
BUBBLES FOREVER!!
BUT WAR SPENDING AND ASSET BUBBLES ARE THE AMERICAN FORTE...!
TODAY WE WILL GET BOTH!
AND WITH AN ASS RIPPING RALLY INTO THE FED RATE CUT!
BUBBLES FOREVER!!
ONLY REPUBLICAN GOVERNMENT IS BAD...
MOST BRAIN-WASHED AMERICAN ASSHOLES WILL READILY TELL YOU:
"ALL GOVERNMENT IS BAD."
OF COURSE THEY ALSO SAY:
"DON'T TOUCH SOCIAL SECURITY AND MEDICARE"...TWO LARGE GOVERNMENT RUN PROGRAMS
AND POSSIBLY MEDICAIDE...IF THEY AREN'T COMPLETELY BRAIN-WASHED... BUT WHEN YOU'RE A CONGENITAL ASSHOLE YOU REALLY DON'T NOTICE ANOMALOUS THINKING MUCH...
IF ALL GOVERNMENT IS BAD...WHY NOT DITCH SOCIAL SECURITY AND MEDICARE...? WHY CAN WASHINGTON RUN SOCIAL SECURITY...BUT NOT NATIONAL HEALTH CARE? YES SOMEONE WILL HAVE TO "MAKE DECISIONS" BUT IS A GOVERNMENT EMPLOYEE ANY WORSE THAN AN INSURANCE COMPANY EMPLOYEE...?
LET PEOPLE BE AT THE MERCY OF THE CORPORATIONS... AND INSURANCE LOBBY...?
THE TRUTH IS THAT ONLY REPUBLICAN GOVERNMENT IS BAD... THE GREED ELITES DON'T RUN GOVERNMENT...THEY LOOT IT!
REPUBLICANS, AS THE PARTY OF THE ECONOMIC ELITE AND INTERNATIONAL CAPITAL, HAVE FINALLY...AFTER TWO DECADES OF TRYING...LOOTED THE AMERICAN ECONOMY TO THE BONE...
THERE IS REALLY NOTHING LEFT TO LOOT... AND OMINOUSLY AMERICANS HAVE NOT WOKEN UP TO THIS FACT... THE VARIOUS BUBBLES ACTED AS A DISTRACTION DURING MOST OF THE LOOTING...!
ALL THE AMERICANS HAVE TO SHOW FOR 20 YEARS OF REPUBLICANISM...IS A BUNCH OF BOOGUS WEDGE ISSUES LIKE ABORTION, GAY MARRIAGE, RACISM, AND A "CULTURE OF HATE" FOUNDED IN "AM HATE RADIO"...
WHEN THE ASSHOLE BUSH SAID IN HIS STATE OF THE UNION THAT AMERICAN PRODUCTS WILL BE SOLD OVERSEAS UNDER NEW FREE TRADE AGREEMENTS...
HE WASN'T TALKING ABOUT MANUFACTURED GOODS!
INDUSTRIAL EMPLOYMENT IN THE US HAS COMPLETELY COLLAPSED... THERE ARE LITERALLY NO FACTORIES LEFT TO CLOSE...AND THE FEW THAT ARE OPEN USE ILLEGAL MEXICAN LABOR!!
AS LONG AS AMERICANS THINK ALL GOVERNMENT IS BAD...AND KEEP VOTING REPUBLICAN... THEY WILL CONTINUE SWIRLING IN THE ECONOMIC TOILET....
LET'S HOPE THAT ASIA AND EUROLAND WILL FINALLY FLUSH THE AMERICAN TURDS INTO THE ECONOMIC SEWER WHERE THEY BELONG...!
SO SORRY...BUT STUPIDITY DOES HAVE CONSEQUENCES...!
"ALL GOVERNMENT IS BAD."
OF COURSE THEY ALSO SAY:
"DON'T TOUCH SOCIAL SECURITY AND MEDICARE"...TWO LARGE GOVERNMENT RUN PROGRAMS
AND POSSIBLY MEDICAIDE...IF THEY AREN'T COMPLETELY BRAIN-WASHED... BUT WHEN YOU'RE A CONGENITAL ASSHOLE YOU REALLY DON'T NOTICE ANOMALOUS THINKING MUCH...
IF ALL GOVERNMENT IS BAD...WHY NOT DITCH SOCIAL SECURITY AND MEDICARE...? WHY CAN WASHINGTON RUN SOCIAL SECURITY...BUT NOT NATIONAL HEALTH CARE? YES SOMEONE WILL HAVE TO "MAKE DECISIONS" BUT IS A GOVERNMENT EMPLOYEE ANY WORSE THAN AN INSURANCE COMPANY EMPLOYEE...?
LET PEOPLE BE AT THE MERCY OF THE CORPORATIONS... AND INSURANCE LOBBY...?
THE TRUTH IS THAT ONLY REPUBLICAN GOVERNMENT IS BAD... THE GREED ELITES DON'T RUN GOVERNMENT...THEY LOOT IT!
REPUBLICANS, AS THE PARTY OF THE ECONOMIC ELITE AND INTERNATIONAL CAPITAL, HAVE FINALLY...AFTER TWO DECADES OF TRYING...LOOTED THE AMERICAN ECONOMY TO THE BONE...
THERE IS REALLY NOTHING LEFT TO LOOT... AND OMINOUSLY AMERICANS HAVE NOT WOKEN UP TO THIS FACT... THE VARIOUS BUBBLES ACTED AS A DISTRACTION DURING MOST OF THE LOOTING...!
ALL THE AMERICANS HAVE TO SHOW FOR 20 YEARS OF REPUBLICANISM...IS A BUNCH OF BOOGUS WEDGE ISSUES LIKE ABORTION, GAY MARRIAGE, RACISM, AND A "CULTURE OF HATE" FOUNDED IN "AM HATE RADIO"...
WHEN THE ASSHOLE BUSH SAID IN HIS STATE OF THE UNION THAT AMERICAN PRODUCTS WILL BE SOLD OVERSEAS UNDER NEW FREE TRADE AGREEMENTS...
HE WASN'T TALKING ABOUT MANUFACTURED GOODS!
INDUSTRIAL EMPLOYMENT IN THE US HAS COMPLETELY COLLAPSED... THERE ARE LITERALLY NO FACTORIES LEFT TO CLOSE...AND THE FEW THAT ARE OPEN USE ILLEGAL MEXICAN LABOR!!
AS LONG AS AMERICANS THINK ALL GOVERNMENT IS BAD...AND KEEP VOTING REPUBLICAN... THEY WILL CONTINUE SWIRLING IN THE ECONOMIC TOILET....
LET'S HOPE THAT ASIA AND EUROLAND WILL FINALLY FLUSH THE AMERICAN TURDS INTO THE ECONOMIC SEWER WHERE THEY BELONG...!
SO SORRY...BUT STUPIDITY DOES HAVE CONSEQUENCES...!
Monday, January 28, 2008
BERNANKE SHOULD KISS WALL STREETS ASS!
IT'S ALL BUT OVER NOW ANYWAY... JUST LET IT RIP...THE SYSTEM CAN' T BE SAVED...
I SUSPECT AMERICANS CAN JUST QUIT CARING ...NO ONE HAS ANY FAITH IN THE CURRENT SYSTEM IN WASHINGTON...
IT'S ALL SPECULATION....BUBBLES AND BULLSHIT REALLY...
THE WORLD SHOULD JUST MOVE ON...AND LET THE AMERICANS WALLOW IN THEIR FILTH....
MY ADVICE TO YOUNG AMERICANS IS TO LEAVE THE COUNTRY AS SOON AS POSSIBLE...
GO SOMEWHERE WHERE THE PEOPLE ARE MORE INTELLIGENT...(TO EUROPE, ASIA, CANADA AUSTRALIA, EVEN RUSSIA)...AND LESS BRAIN-WASHED BY THE ELITE'S BIG LIES... PRESENTLY THERE IS NO REAL "THINKING" GOING ON IN THE AMERICAN PUBLIC SPHERE...NO VALID DISCUSSION OF ISSUES...IT'S ALL PROPAGANDA ALL THE TIME!!
THINGS WILL NEVER CHANGE IN AMERICA... THE NATION IS DOOMED...AND WILL DRAG EVERYTHING AND EVERYONE IN IT DOWN TO RUIN... YOU CAN NOT RUN A NATION BASED ON BIG LIES AND GREEDY ELITES...
I WILL BE SETTING UP A SIDE-BAR LINK TO WEB SITES DEALING WITH AMERICANS GOING "EXPAT" SOON... STAY TUNED...
I SUSPECT AMERICANS CAN JUST QUIT CARING ...NO ONE HAS ANY FAITH IN THE CURRENT SYSTEM IN WASHINGTON...
IT'S ALL SPECULATION....BUBBLES AND BULLSHIT REALLY...
THE WORLD SHOULD JUST MOVE ON...AND LET THE AMERICANS WALLOW IN THEIR FILTH....
MY ADVICE TO YOUNG AMERICANS IS TO LEAVE THE COUNTRY AS SOON AS POSSIBLE...
GO SOMEWHERE WHERE THE PEOPLE ARE MORE INTELLIGENT...(TO EUROPE, ASIA, CANADA AUSTRALIA, EVEN RUSSIA)...AND LESS BRAIN-WASHED BY THE ELITE'S BIG LIES... PRESENTLY THERE IS NO REAL "THINKING" GOING ON IN THE AMERICAN PUBLIC SPHERE...NO VALID DISCUSSION OF ISSUES...IT'S ALL PROPAGANDA ALL THE TIME!!
THINGS WILL NEVER CHANGE IN AMERICA... THE NATION IS DOOMED...AND WILL DRAG EVERYTHING AND EVERYONE IN IT DOWN TO RUIN... YOU CAN NOT RUN A NATION BASED ON BIG LIES AND GREEDY ELITES...
I WILL BE SETTING UP A SIDE-BAR LINK TO WEB SITES DEALING WITH AMERICANS GOING "EXPAT" SOON... STAY TUNED...
IF FED CUTS....DOLLAR WILL PLUNGE AND GOLD SOAR....
THIS FED MEETING WILL BE MORE IMPORTANT THAN THE SURPRISE CUT LAST WEEK...
STATE OF THE UNION PROVES BUSH IS AN ASSHOLE!
CHRIST THIS GUY IS OUT OF TOUCH...! AFTER DRIVING THE NATION INTO THE DITCH HE HAS THE HUTZPAH TO OFFER HIS DISCREDITED LINE OF BULLSHIT AS POLICY...
THIS SPEECH WAS AN INSULT TO THE AMERICAN PEOPLE...
THIS SPEECH POLLUTED THE AIR WAVES... BUT IF BULLSHIT WERE A CRIME...BUSH WOULD BE A SERIAL OFFENDER...
THIS SPEECH WAS AN INSULT TO THE AMERICAN PEOPLE...
THIS SPEECH POLLUTED THE AIR WAVES... BUT IF BULLSHIT WERE A CRIME...BUSH WOULD BE A SERIAL OFFENDER...
AMERICANS CELEBRATE LAST BUSH STATE OF THE UNION SPEECH!!
IT HAS BEEN A LONG DARK NIGHT UNDER THE MORON AND WAR CRIMINAL BUSH...
BUT THERE IS A LIGHT AT THE END OF THE TUNNEL...
IT IS TO BE HOPED THAT BUSH WILL BE TRIED FOR HIS MANY CRIMES AFTER HE IS OUT OF OFFICE...
THAT IS THE ONLY WAY AMERICA GETS "RIGHT" WITH THE WORLD AGAIN...
BUT THERE IS A LIGHT AT THE END OF THE TUNNEL...
IT IS TO BE HOPED THAT BUSH WILL BE TRIED FOR HIS MANY CRIMES AFTER HE IS OUT OF OFFICE...
THAT IS THE ONLY WAY AMERICA GETS "RIGHT" WITH THE WORLD AGAIN...
MARKETS DESPERATE TO BE "SAVED!"
FED PAINTED INTO A CORNER... TO PLAY ECONO-POLITICS....
OR JUST DO THE JOB OF A CENTRAL BANKER...?
OR JUST DO THE JOB OF A CENTRAL BANKER...?
GOLD: ROCKET TO THE MOON!!
WHY?
WELL, UNLIKE THE FED'S PAPER MONEY, YOU CAN'T BULLSHIT GOLD...!
GOLD CAN NOT BE "WILLED" INTO EXISTENCE BY A FED COMMITTEE!
WELL, UNLIKE THE FED'S PAPER MONEY, YOU CAN'T BULLSHIT GOLD...!
GOLD CAN NOT BE "WILLED" INTO EXISTENCE BY A FED COMMITTEE!
PAUL KRUGMAN: THE ONLY PUNDIT "ALLOWED" TO TELL THE TRUTH?
THE US MEDIA IS A SEA OF BULLSHIT AND PROPAGANDA...
THE SPECIAL INTERESTS RUN IT...AND THE SPECIAL INTERESTS DECIDE WHAT GETS OUT TO THE PUBLIC...
THAT'S WHY THERE IS SO MUCH CONFUSION ...AND APPARENTLY STUPIDITY...AMONG THE AMERICAN PUBLIC... THEY JUST ARE NOT ALLOWED ACCESS TO THE TRUTH!
AMAZINGLY, WHEN SOMEONE DOES TELL THE AMERICAN PEOPLE THE TRUTH...IT SOUND STRANGE TO THEM...
LIKE A CAGED ANIMAL THAT IS AFRAID TO LEAVE ITS CAGE WHEN THE DOOR IS OPENED...
AMERICANS HAVE BEEN PROGRAMED TO ACCEPT BULLSHIT AS TRUTH...AND TO SEE THE TRUTH AS BULLSHIT...!
THAT'S WHY "RELIGION" IS SO POPULAR WITH AMERICANS AND THEIR "LEADERSHIP"...
RELIGION IS BULLSHIT ON STEROIDS ...AND "GOOD PRACTICE" FOR GOOD AMERICANS!!
WE CAN HOPE FOR BETTER IN THE COMING ELECTION...BUT IT IS A LONG SHOT...AND NOTHING WILL LIKELY CHANGE...
IF YOU WANT REALITY BASED THINKING AND NEWS COVERAGE...GET THE FUCK OUT OF AMERICA NOW!! AMERICANS ARE IGNORANT ASSHOLES TO THE CORE...THEY WILL NEVER "CATCH ON" TO WHAT THE REST OF THE WORLD IS THINKING...
NEED PROOF? TALK TO ANY AMERICAN THEIR STUPIDITY AND SELF CENTEREDNESS IS ASTOUNDING...
FOREIGNERS SHOULD CLEARLY UNDERSTAND...GEO BUSH WAS NOT AN ACCIDENT!! BUSH'S IGNORANCE ONLY MIRRORS THE GENERAL IGNORANCE OF THE AMERICAN PEOPLE... TO SOME EXTENT BUSH WAS THE ULTIMATE IGNORANT AMERICAN...THE SYMBOL OF THIS NATION...
GOING EXPAT IS THE ONLY SANE CHOICE FOR AMERICAN YOUTH...
REMEMBER, THERE IS NO FUTURE HERE...GET THE FUCK OUT WHILE YOU CAN!! ....AND IF YOU CAN...
THE SPECIAL INTERESTS RUN IT...AND THE SPECIAL INTERESTS DECIDE WHAT GETS OUT TO THE PUBLIC...
THAT'S WHY THERE IS SO MUCH CONFUSION ...AND APPARENTLY STUPIDITY...AMONG THE AMERICAN PUBLIC... THEY JUST ARE NOT ALLOWED ACCESS TO THE TRUTH!
AMAZINGLY, WHEN SOMEONE DOES TELL THE AMERICAN PEOPLE THE TRUTH...IT SOUND STRANGE TO THEM...
LIKE A CAGED ANIMAL THAT IS AFRAID TO LEAVE ITS CAGE WHEN THE DOOR IS OPENED...
AMERICANS HAVE BEEN PROGRAMED TO ACCEPT BULLSHIT AS TRUTH...AND TO SEE THE TRUTH AS BULLSHIT...!
THAT'S WHY "RELIGION" IS SO POPULAR WITH AMERICANS AND THEIR "LEADERSHIP"...
RELIGION IS BULLSHIT ON STEROIDS ...AND "GOOD PRACTICE" FOR GOOD AMERICANS!!
WE CAN HOPE FOR BETTER IN THE COMING ELECTION...BUT IT IS A LONG SHOT...AND NOTHING WILL LIKELY CHANGE...
IF YOU WANT REALITY BASED THINKING AND NEWS COVERAGE...GET THE FUCK OUT OF AMERICA NOW!! AMERICANS ARE IGNORANT ASSHOLES TO THE CORE...THEY WILL NEVER "CATCH ON" TO WHAT THE REST OF THE WORLD IS THINKING...
NEED PROOF? TALK TO ANY AMERICAN THEIR STUPIDITY AND SELF CENTEREDNESS IS ASTOUNDING...
FOREIGNERS SHOULD CLEARLY UNDERSTAND...GEO BUSH WAS NOT AN ACCIDENT!! BUSH'S IGNORANCE ONLY MIRRORS THE GENERAL IGNORANCE OF THE AMERICAN PEOPLE... TO SOME EXTENT BUSH WAS THE ULTIMATE IGNORANT AMERICAN...THE SYMBOL OF THIS NATION...
GOING EXPAT IS THE ONLY SANE CHOICE FOR AMERICAN YOUTH...
REMEMBER, THERE IS NO FUTURE HERE...GET THE FUCK OUT WHILE YOU CAN!! ....AND IF YOU CAN...
FED WON'T LOWER RATES THIS WEEK...
ANY LOWERING OF RATES THIS WEEK...AFTER THE BIG DROP LAST WEEK...WOULD BE SEEN AS THE FED KOW-TOWING TO THE SPECULATORS...
IN REAL MONETARY POLICY CIRCLES YOU NEED TO WAIT A WHILE TO SEE THE RESULTS...
BUT IN THE WALL STREET RUMOR MILL...ANY MERE PERCEPTION IS GOOD ENOUGH TO CAUSE THE MARKETS TO SOAR OR PLUNGE...TRUE OR NOT! GOOD POLICY OR BAD POLICY...IT DOESN'T MATTER TO WALL STREET...AS LONG AS THE FED IS SHOVELING MONEY OUT THE DOOR!
IF THE FED LOWERS RATES BECAUSE IT "FEARS" WALL STREET'S "REACTION" THIS WEEK...?
IT'S OVER FOR THE FED... THEY CAN PUT THEIR HEADS BETWEEN THEIR LEGS AND KISS THEIR SORRY ASSES GOOD-BYE!!
THE FED NEEDS TO ESTABLISH SOME ADULT SUPERVISION OVER THE ECONOMY AND THE MARKETS...
THIS WEEK WOULD BE A GOOD PLACE TO START!!
IN REAL MONETARY POLICY CIRCLES YOU NEED TO WAIT A WHILE TO SEE THE RESULTS...
BUT IN THE WALL STREET RUMOR MILL...ANY MERE PERCEPTION IS GOOD ENOUGH TO CAUSE THE MARKETS TO SOAR OR PLUNGE...TRUE OR NOT! GOOD POLICY OR BAD POLICY...IT DOESN'T MATTER TO WALL STREET...AS LONG AS THE FED IS SHOVELING MONEY OUT THE DOOR!
IF THE FED LOWERS RATES BECAUSE IT "FEARS" WALL STREET'S "REACTION" THIS WEEK...?
IT'S OVER FOR THE FED... THEY CAN PUT THEIR HEADS BETWEEN THEIR LEGS AND KISS THEIR SORRY ASSES GOOD-BYE!!
THE FED NEEDS TO ESTABLISH SOME ADULT SUPERVISION OVER THE ECONOMY AND THE MARKETS...
THIS WEEK WOULD BE A GOOD PLACE TO START!!
STATE OF THE UNION: LAST FOR BUSH! OUR LONG NIGHTMARE IS NEARLY OVER!!
ONE OF THE REAL BULLSHIT NOTIONS FLOATING AROUND IS THAT THE IRAQ WAR IS SOMEHOW "BETTER"....
WHAT REALLY HAPPEN IS THE SHIA GOVERNMENT IN THE GREEN ZONE IS FEASTING OFF THE US TAXPAYERS...
AND SPREADING US TAXPAYERS' MONEY AROUND THE SOUTHERN SHIA AREAS...
"THE SURGE" IN THE NORTH...ESSENTIALLY GOT THE SHIA DEATH SQUADS OUT OF THE SUNNI AREAS IN ANBAR...
OF COURSE THIS WAS ACCOMPANIED WITH LARGE CHECKS FROM THE US GOVERNMENT TO THE SUNNI LEADERSHIP IN THE REGION...THE SO-CALLED "NICE SUNNIS"!
BECAUSE THE SUNNIS SURE AS HELL WEREN'T GOING TO GET ANY MONEY FROM THE GREEN ZONE SHIAS!!
SO NOW, THE SUNNIS ARE "PLAYING ALONG" WITH THE AMERICANS IN HOPES OF GETTING THE NEEDED EQUIPMENT TO DEFEAT THE GREEN ZONE SHIA...AND RESTORE THE SUNNI CONTROL OVER IRAQ...
AND AMAZINGLY, AT THIS POINT WASHINGTON MAY BE THINKING THAT IS A GOOD IDEA...AFTER ALL THAT'S WHY THE CIA PUT SADDAM IN POWER IN THE FIRST PLACE...TO COUNTER BALANCE IRANIAN POWER IN THE SOUTH OF IRAQ!!
NOW THROUGH SOME STRANGE ALCHEMY OR MEDIA BULLSHIT THIS "SURGE" HAS BEEN TRANSLATED BY BUSH INTO:
"WE ARE WINNING IN IRAQ....!"
WHAT THE HELL....?
JUST BECAUSE YOU ARE WRITING CHECKS FOR BOTH SIDES IN THE CIVIL WAR...IS NOT EXACTLY WINNING...!
OK. BOTH SIDES HAVE QUIT KILLING YOUR GUYS...FOR A WHILE
AND THINGS HAVE SETTLED DOWN IN THE SUNNI REGIONS...WHERE THE SHIA DEATH SQUADS, WITH US MILITARY ASSISTANCE AND SUPPORT, WERE MASSACRING SUNNIS IN THE BEDS!!
AND NOW THE OSAMA'S GUYS ARE BEING TOLD TO LAY LOW FOR A WHILE...SO BUSH CAN FIND A WAY OUT OF IRAQ... AND THE CHECKS FROM WASHINGTON ARE NICE TOO!
BUT ARE THE SUNNIS ALL BUSH LOVERS NOW...AND OSAMA HATERS? NOT A CHANCE...! ALL IRAQIS HATE AMERICA NOW...
BUT WHAT BUSH LEARNED OVER THE LAST FIVE YEARS IS THAT YOU CAN USE THE SAME TACTICS IN IRAQ THAT YOU DO IN WASHINGTON...!!
JUST KEEP THE PAYOFFS COMING TO THE RIGHT PEOPLE AND EVERYTHING LOOKS PEACHY...!
THE STATE OF THE UNION SUCKS!! AND EVERYONE KNOWS IT...
WHAT REALLY HAPPEN IS THE SHIA GOVERNMENT IN THE GREEN ZONE IS FEASTING OFF THE US TAXPAYERS...
AND SPREADING US TAXPAYERS' MONEY AROUND THE SOUTHERN SHIA AREAS...
"THE SURGE" IN THE NORTH...ESSENTIALLY GOT THE SHIA DEATH SQUADS OUT OF THE SUNNI AREAS IN ANBAR...
OF COURSE THIS WAS ACCOMPANIED WITH LARGE CHECKS FROM THE US GOVERNMENT TO THE SUNNI LEADERSHIP IN THE REGION...THE SO-CALLED "NICE SUNNIS"!
BECAUSE THE SUNNIS SURE AS HELL WEREN'T GOING TO GET ANY MONEY FROM THE GREEN ZONE SHIAS!!
SO NOW, THE SUNNIS ARE "PLAYING ALONG" WITH THE AMERICANS IN HOPES OF GETTING THE NEEDED EQUIPMENT TO DEFEAT THE GREEN ZONE SHIA...AND RESTORE THE SUNNI CONTROL OVER IRAQ...
AND AMAZINGLY, AT THIS POINT WASHINGTON MAY BE THINKING THAT IS A GOOD IDEA...AFTER ALL THAT'S WHY THE CIA PUT SADDAM IN POWER IN THE FIRST PLACE...TO COUNTER BALANCE IRANIAN POWER IN THE SOUTH OF IRAQ!!
NOW THROUGH SOME STRANGE ALCHEMY OR MEDIA BULLSHIT THIS "SURGE" HAS BEEN TRANSLATED BY BUSH INTO:
"WE ARE WINNING IN IRAQ....!"
WHAT THE HELL....?
JUST BECAUSE YOU ARE WRITING CHECKS FOR BOTH SIDES IN THE CIVIL WAR...IS NOT EXACTLY WINNING...!
OK. BOTH SIDES HAVE QUIT KILLING YOUR GUYS...FOR A WHILE
AND THINGS HAVE SETTLED DOWN IN THE SUNNI REGIONS...WHERE THE SHIA DEATH SQUADS, WITH US MILITARY ASSISTANCE AND SUPPORT, WERE MASSACRING SUNNIS IN THE BEDS!!
AND NOW THE OSAMA'S GUYS ARE BEING TOLD TO LAY LOW FOR A WHILE...SO BUSH CAN FIND A WAY OUT OF IRAQ... AND THE CHECKS FROM WASHINGTON ARE NICE TOO!
BUT ARE THE SUNNIS ALL BUSH LOVERS NOW...AND OSAMA HATERS? NOT A CHANCE...! ALL IRAQIS HATE AMERICA NOW...
BUT WHAT BUSH LEARNED OVER THE LAST FIVE YEARS IS THAT YOU CAN USE THE SAME TACTICS IN IRAQ THAT YOU DO IN WASHINGTON...!!
JUST KEEP THE PAYOFFS COMING TO THE RIGHT PEOPLE AND EVERYTHING LOOKS PEACHY...!
THE STATE OF THE UNION SUCKS!! AND EVERYONE KNOWS IT...
EUROPE PLUNGES...WAITING FOR THE "GOOD NEWS!"
THAT COULD BE A VERY VERY LONG WAIT...! LIKE WAITING FOR GODOT!
Sunday, January 27, 2008
MUSHY TO WEST: IT'S ME OR NOBODY IN PAKISTAN
FORGET THE ELECTIONS WHICH THE RADICALS WOULD PROBABLY WIN...
LOOK WHAT DEMOCRACY DID FOR IRAQ...
THE IRANIAN BACKED SHIA RUN THE GREEN ZONE GOVERNMENT AT US TAXPAYER EXPENSE!!
LOOK WHAT DEMOCRACY DID FOR IRAQ...
THE IRANIAN BACKED SHIA RUN THE GREEN ZONE GOVERNMENT AT US TAXPAYER EXPENSE!!
WILL FED CAVE IN TO THE SPECULATORS THIS WEEK...?
THIS WEEKS FED MEETING COULD BE THE MOST IMPORTANT IN YEARS...
THE FED MUST DECIDE IF IT'S GOING TO KOW-TOW TO THE SPECULATING CLASS...OR SUPPORT A STRONG DOLLAR... AND PROTECT THE GENERAL ECONOMY FROM INFLATION...WHICH IS ACTUALLY IT'S MANDATE.
THE PROBLEM BEING THAT YEARS OF CREDIBILITY BUILT UP SINCE BRETTON WOODS...AND THE 1971 DEBACLE IN THE DOLLAR.... ARE NOW LOST...
GREENSPAN USED UP THE "VOLKER GOODWILL" ON THE DOLLAR WITH SEVERAL HUGE ASSET BUBBLES IN A ROW...
IN SHORT BERNANKE THINKS HE'S ANOTHER GREENSPAN...BUT HE WILL SO DISCOVER THAT HE IS THE NEXT VOLKER!! AND THAT COULD BE A SHOCKER!
IT'S BACK TO THE FUTURE FOR THE DOLLAR...
WITH THE ADDED DISADVANTAGE OF A US ECONOMY THAT IS NEAR TOTALLY DEINDUSTRIALIZED...AND MASSIVELY IN DEBT TO CHINA FOR OUR MANUFACTURED GOODS...
SOCIALLY AND ECONOMICALLY THE AMERICAN ECONOMY RESEMBLES THE LATE 1920'S....BUT IT IS ACTUALLY MUCH MUCH WORSE NOW!
THE WAY OUT IS A HUGE FEDERAL BAILOUT OF THE ECONOMY....NEW DEAL STYLE....WITH THE ADDED "MEDICINE" OF A VOLKER APPROACH TO THE DOLLAR...
IN OTHER WORDS...IT'S GOING TO BE NEW DEAL SOCIAL AND FISCAL POLICY AND VOLKER-ESQUE MONETARY POLICY...
THIS IS THE WORSE OF ALL WORLDS!!
BUT IT'S THE ONLY WAY OUT NOW....OUR ECONOMIC DISEASE IS IN THE VERY BONES OF THE ECONOMY...THE PROBLEMS ARE NOT FISCAL OR MONETARY ALONE...THE PROBLEMS ARE STRUCTURAL!
ARE AMERICANS UP TO WHAT COMES NEXT?
BECAUSE ANY LIGHT AT THE END OF THE TUNNEL MAY PROVE TO BE A FALSE DAWN EVEN YET.
BUT AT LEAST...WE WILL BE DOING SOMETHING ABOUT THE PROBLEMS AT LAST...
AND OUR LONG NIGHT OF REPUBLICANISM WILL BE OVER...!!
THE FED MUST DECIDE IF IT'S GOING TO KOW-TOW TO THE SPECULATING CLASS...OR SUPPORT A STRONG DOLLAR... AND PROTECT THE GENERAL ECONOMY FROM INFLATION...WHICH IS ACTUALLY IT'S MANDATE.
THE PROBLEM BEING THAT YEARS OF CREDIBILITY BUILT UP SINCE BRETTON WOODS...AND THE 1971 DEBACLE IN THE DOLLAR.... ARE NOW LOST...
GREENSPAN USED UP THE "VOLKER GOODWILL" ON THE DOLLAR WITH SEVERAL HUGE ASSET BUBBLES IN A ROW...
IN SHORT BERNANKE THINKS HE'S ANOTHER GREENSPAN...BUT HE WILL SO DISCOVER THAT HE IS THE NEXT VOLKER!! AND THAT COULD BE A SHOCKER!
IT'S BACK TO THE FUTURE FOR THE DOLLAR...
WITH THE ADDED DISADVANTAGE OF A US ECONOMY THAT IS NEAR TOTALLY DEINDUSTRIALIZED...AND MASSIVELY IN DEBT TO CHINA FOR OUR MANUFACTURED GOODS...
SOCIALLY AND ECONOMICALLY THE AMERICAN ECONOMY RESEMBLES THE LATE 1920'S....BUT IT IS ACTUALLY MUCH MUCH WORSE NOW!
THE WAY OUT IS A HUGE FEDERAL BAILOUT OF THE ECONOMY....NEW DEAL STYLE....WITH THE ADDED "MEDICINE" OF A VOLKER APPROACH TO THE DOLLAR...
IN OTHER WORDS...IT'S GOING TO BE NEW DEAL SOCIAL AND FISCAL POLICY AND VOLKER-ESQUE MONETARY POLICY...
THIS IS THE WORSE OF ALL WORLDS!!
BUT IT'S THE ONLY WAY OUT NOW....OUR ECONOMIC DISEASE IS IN THE VERY BONES OF THE ECONOMY...THE PROBLEMS ARE NOT FISCAL OR MONETARY ALONE...THE PROBLEMS ARE STRUCTURAL!
ARE AMERICANS UP TO WHAT COMES NEXT?
BECAUSE ANY LIGHT AT THE END OF THE TUNNEL MAY PROVE TO BE A FALSE DAWN EVEN YET.
BUT AT LEAST...WE WILL BE DOING SOMETHING ABOUT THE PROBLEMS AT LAST...
AND OUR LONG NIGHT OF REPUBLICANISM WILL BE OVER...!!
CAROLINE KENNEDY ENDORSES OBAMA...! READ IT HERE.
IT'S ALL ABOUT VISION AND INSPIRATION...WHICH HAVE BEEN LACKING IN THE PRESIDENCY FOR SOME TIME NOW...
OBAMA: BEST PRESIDENTIAL ORATOR SINCE WILLIAM JENNINGS BRYAN...?
KENNEDY WAS GOOD...AND OBAMA HAS THAT "TIME FOR THE NEXT GENERATION" THING GOING....
AS A RULE US PRESIDENTS HAVE NOT BEEN ORATORS...SOME WHERE BETTER SPEAKERS THAT OTHERS... FDR COULD GIVE A FIRESIDE CHAT... TRUMAN COULD DO CONVINCING STRAIGHT TALK... EISENHOWER, NIXON, CARTER, FORD COULD GIVE A CONVINCING SPEECH... DUBYA IS A NEAR IDIOT IN ALL THINGS INCLUDING PUBLIC SPEAKING...
BUT FEW IF ANY COULD ORATE LIKE OBAMA...
POOR HILLARY....SHE MIGHT JUST BE STUCK WITH BILL...
HILLARY TALKS LIKE A THIRD GRADE TEACHER GIVING SPECIAL ED TO THE ELECTORATE...!
AND SHE SEEMS TO HAVE AN EYE CONTACT PROBLEM WITH THE CAMERA AND THE DEBATE MODERATOR...WHAT'S WITH THAT...?
HILLARY COULD PROBABLY BE A GOOD TECHNOCRAT...A FUNCTIONARY IN THE GREAT WHEEL OF WASHINGTON...
BUT INSPIRATIONAL SHE IS NOT... HER STORY IS BILL'S STORY FOR BETTER OR WORSE...
NO WONDER BILL IS SO PISSED OFF...HE MAY BE DENIED A THIRD TERM IN OFFICE...BUT MAYBE THREE TIMES WON'T BE THE CHARM THIS TIME EITHER... BECAUSE...
HILLARY'S TRAIL OF TEARS TO THE WHITE HOUSE SEEMS LIKE A FAIRY TALE TONIGHT...
AS A RULE US PRESIDENTS HAVE NOT BEEN ORATORS...SOME WHERE BETTER SPEAKERS THAT OTHERS... FDR COULD GIVE A FIRESIDE CHAT... TRUMAN COULD DO CONVINCING STRAIGHT TALK... EISENHOWER, NIXON, CARTER, FORD COULD GIVE A CONVINCING SPEECH... DUBYA IS A NEAR IDIOT IN ALL THINGS INCLUDING PUBLIC SPEAKING...
BUT FEW IF ANY COULD ORATE LIKE OBAMA...
POOR HILLARY....SHE MIGHT JUST BE STUCK WITH BILL...
HILLARY TALKS LIKE A THIRD GRADE TEACHER GIVING SPECIAL ED TO THE ELECTORATE...!
AND SHE SEEMS TO HAVE AN EYE CONTACT PROBLEM WITH THE CAMERA AND THE DEBATE MODERATOR...WHAT'S WITH THAT...?
HILLARY COULD PROBABLY BE A GOOD TECHNOCRAT...A FUNCTIONARY IN THE GREAT WHEEL OF WASHINGTON...
BUT INSPIRATIONAL SHE IS NOT... HER STORY IS BILL'S STORY FOR BETTER OR WORSE...
NO WONDER BILL IS SO PISSED OFF...HE MAY BE DENIED A THIRD TERM IN OFFICE...BUT MAYBE THREE TIMES WON'T BE THE CHARM THIS TIME EITHER... BECAUSE...
HILLARY'S TRAIL OF TEARS TO THE WHITE HOUSE SEEMS LIKE A FAIRY TALE TONIGHT...
Saturday, January 26, 2008
ДОБРО ПОЖАЛОВАТЬ НА РОССИЙСКИХ читателей
Вы можете читать этот блог с помощью google.
Следить за событиями в АМЕРИКЕ.
Это ваше лучшее место для понимания ближайшие американские и глобальными экономическими проблемами ...
Следить за событиями в АМЕРИКЕ.
Это ваше лучшее место для понимания ближайшие американские и глобальными экономическими проблемами ...
IRAQ'S SHIA GOVERNMENT WILL INVADE SUNNI NORTH!
THIS COULD BE THE FIRST BATTLE IN THE LONG PREDICTED IRAQI CIVIL WAR...
THE NOTION THAT THE GREEN ZONE GOVERNMENT CAN DO ANYTHING WILL BE TESTED... MY HUNCH IS THAT THEY WILL FAIL MISERABLY...AND US FORCES WILL BE REQUIRED TO BAIL THEM OUT...
BUT IF AMERICANS RE-START THE WIDESPREAD KILLING OF SUNNI'S...
THEN ANBAR COULD FLARE UP.... RIGHT NOW IRAQ IS A GAME BETWEEN THE SHIA AND THE SUNNI TO SEE WHO CAN GET THE AMERICANS ON THEIR SIDE TO KILL THE OTHER...
MOVING THE SHIA ARMY TO THE NORTH COULD BE THE WORST POSSIBLE THING FOR THE AMERICAN'S STUCK IN THE MIDDLE...
THE NOTION THAT THE GREEN ZONE GOVERNMENT CAN DO ANYTHING WILL BE TESTED... MY HUNCH IS THAT THEY WILL FAIL MISERABLY...AND US FORCES WILL BE REQUIRED TO BAIL THEM OUT...
BUT IF AMERICANS RE-START THE WIDESPREAD KILLING OF SUNNI'S...
THEN ANBAR COULD FLARE UP.... RIGHT NOW IRAQ IS A GAME BETWEEN THE SHIA AND THE SUNNI TO SEE WHO CAN GET THE AMERICANS ON THEIR SIDE TO KILL THE OTHER...
MOVING THE SHIA ARMY TO THE NORTH COULD BE THE WORST POSSIBLE THING FOR THE AMERICAN'S STUCK IN THE MIDDLE...
HISTORY WILL MARVEL AT WALL STREET'S GREED AND STUPIDITY!
HISTORIANS WILL HAVE FUN WITH THE NOTION THAT THE CLEVER "CAPITALISTS" OF WALL STREET ALLOWED THE COMMUNISTS OF CHINA TO DOMINATE THEM...AND TAKE OVER THEIR ECONOMIC ROLE IN THE WORLD...!
HISTORIANS WILL BE CONFUSED THAT WALL STREET AND THE AMERICAN PEOPLE COULD HAVE BEEN SO BLINDED BY GREED THAT THEY ATE THEIR SEED CORN...AND DOOMED THEIR CHILDREN TO SECOND CLASS STATUS...!
BUT HISTORIANS MAY NOT KNOW THAT WASHINGTON WAS TAKEN OVER BY INTERNATIONAL CAPITAL IN THE 1990'S...
AND THE PLAN TO DESTROY THE AMERICAN ECONOMY WAS BASED SOLELY ON GREED AND CRACKPOT ECONOMIC THEORIES THAT WERE WORSE THAN THOSE THAT DESTROYED SOVIET RUSSIA'S ECONOMY IN THE 1980'S....
IN THE CASE OF RUSSIA THERE WAS LITTLE TO DESTROY REALLY...
BUT THE AMERICANS GAVE UP EVERYTHING THEY WORKED FOR...JUST TO SATISFY THE GREED OF A FEW IN THE INTERNATIONAL CAPITAL CLASS!
THE COMING AMERICAN COLLAPSE WILL NOT BE EASY TO WATCH...
HISTORIANS WILL BE CONFUSED THAT WALL STREET AND THE AMERICAN PEOPLE COULD HAVE BEEN SO BLINDED BY GREED THAT THEY ATE THEIR SEED CORN...AND DOOMED THEIR CHILDREN TO SECOND CLASS STATUS...!
BUT HISTORIANS MAY NOT KNOW THAT WASHINGTON WAS TAKEN OVER BY INTERNATIONAL CAPITAL IN THE 1990'S...
AND THE PLAN TO DESTROY THE AMERICAN ECONOMY WAS BASED SOLELY ON GREED AND CRACKPOT ECONOMIC THEORIES THAT WERE WORSE THAN THOSE THAT DESTROYED SOVIET RUSSIA'S ECONOMY IN THE 1980'S....
IN THE CASE OF RUSSIA THERE WAS LITTLE TO DESTROY REALLY...
BUT THE AMERICANS GAVE UP EVERYTHING THEY WORKED FOR...JUST TO SATISFY THE GREED OF A FEW IN THE INTERNATIONAL CAPITAL CLASS!
THE COMING AMERICAN COLLAPSE WILL NOT BE EASY TO WATCH...
Friday, January 25, 2008
WELCOME GLOBAL READERS... GLOOM AND DOOM READ ON FIVE CONTINENTS DAILY!!
WE ARE STILL WORKING ON AFRICA AND ANTARCTICA...
DOES THE US RESEMBLE THE UK IN 1931...?
I SAY YES...! AND THAT'S WHY WHAT'S COMING IS A DEPRESSION ....NOT A RECESSION...!
THE 1931 POUND COLLAPSE WAS EXACTLY LIKE WHAT'S HAPPENING TO THE DOLLAR TODAY...
AND THE EFFECT WILL BE THE SAME... A LONG LONG PERIOD OF DECLINE...AND ECONOMIC DEPRESSION...
WHEN THE GLOBAL ECONOMY'S "TECTONIC PLATES" SHIFT...BAD THINGS HAPPEN...BY DEFINITION...
DOES ANYONE THINK THE US CAN AVOID IT'S INEVITABLE DECLINE...OF COURSE NOT... WE ARE IN ABOUT THE 6TH INNING OF THAT DECLINE ALREADY.... FIRST THE FACTORIES WENT...THEN THE BACK OFFICE JOBS...THEN THE BUBBLES STARTED AS A "SUBSTITUTE" FOR LOST PRODUCTIVE CAPACITY...
NOW THE DOLLAR IS COLLAPSING...BUT NEVER DISCUSSED IN DEPTH...BECAUSE PEOPLE WOULD START ASKING QUESTIONS...
WHY DID THE DOLLAR COLLAPSE...? WHOSE "AGENDA" CAUSED IT...?
AND THE ANSWER WOULD BE WALL STREET AND INTERNATIONAL CAPITAL...!
AND THAT IS JUST NOT AN "ACCEPTABLE ANSWER" IN THE US PRESENTLY...SO NOTHING IS SAID!
REMEMBER....CAPITAL IS A CONCEPT...A CONCEPT CAN BE "INTERNATIONAL"...PEOPLE...ALAS WORKERS...CAN NEVER BE "INTERNATIONAL"...
ALL PEOPLE AND THE ECONOMIES THEY LIVE AND WORK IN ARE "LOCAL!"
WHAT WE NEED IS A NEW KEYNES TO TELL US HOW TO RUN A GLOBAL ECONOMY ...."AS IF"....LOCAL PEOPLE AND LOCAL ECONOMIES ACTUALLY MATTERED...
THAT WILL BE THE GREAT JOB OF THE 21ST CENTURY...EVEN AS THE FINAL CATASTROPHES OF THE 20TH CENTURY...DECEND UPON US!
BECAUSE THE PUBLIC WILL SIMPLY NOT ACCEPT INTERNATIONAL CAPITAL'S VERDICT--- DECLARED BY THEIR PAID SYCHOPHANTS IN THE "MEDIA"--- THAT:
"CHINA MUST WIN." SIMPLY BECAUSE THEY HAVE THE CHEAPEST LABOR...!
EUROLAND, RUSSIA AND AUSTRALIA WILL LEAD THE WAY...THEY HAVE NEVER BEEN "TAKEN OVER" OR "USED" BY "INTERNATIONAL CAPITAL" THE WAY THE US AND CHINA HAVE BEEN...
BUT THE PROCESS OF RE-THINKING OUR ECONOMIC BLASPHEMIES IS JUST BEGINNING IN THE US....AND THE CHANGE BACK TO "REALITY" WILL BE DIFFICULT...
THE 1931 POUND COLLAPSE WAS EXACTLY LIKE WHAT'S HAPPENING TO THE DOLLAR TODAY...
AND THE EFFECT WILL BE THE SAME... A LONG LONG PERIOD OF DECLINE...AND ECONOMIC DEPRESSION...
WHEN THE GLOBAL ECONOMY'S "TECTONIC PLATES" SHIFT...BAD THINGS HAPPEN...BY DEFINITION...
DOES ANYONE THINK THE US CAN AVOID IT'S INEVITABLE DECLINE...OF COURSE NOT... WE ARE IN ABOUT THE 6TH INNING OF THAT DECLINE ALREADY.... FIRST THE FACTORIES WENT...THEN THE BACK OFFICE JOBS...THEN THE BUBBLES STARTED AS A "SUBSTITUTE" FOR LOST PRODUCTIVE CAPACITY...
NOW THE DOLLAR IS COLLAPSING...BUT NEVER DISCUSSED IN DEPTH...BECAUSE PEOPLE WOULD START ASKING QUESTIONS...
WHY DID THE DOLLAR COLLAPSE...? WHOSE "AGENDA" CAUSED IT...?
AND THE ANSWER WOULD BE WALL STREET AND INTERNATIONAL CAPITAL...!
AND THAT IS JUST NOT AN "ACCEPTABLE ANSWER" IN THE US PRESENTLY...SO NOTHING IS SAID!
REMEMBER....CAPITAL IS A CONCEPT...A CONCEPT CAN BE "INTERNATIONAL"...PEOPLE...ALAS WORKERS...CAN NEVER BE "INTERNATIONAL"...
ALL PEOPLE AND THE ECONOMIES THEY LIVE AND WORK IN ARE "LOCAL!"
WHAT WE NEED IS A NEW KEYNES TO TELL US HOW TO RUN A GLOBAL ECONOMY ...."AS IF"....LOCAL PEOPLE AND LOCAL ECONOMIES ACTUALLY MATTERED...
THAT WILL BE THE GREAT JOB OF THE 21ST CENTURY...EVEN AS THE FINAL CATASTROPHES OF THE 20TH CENTURY...DECEND UPON US!
BECAUSE THE PUBLIC WILL SIMPLY NOT ACCEPT INTERNATIONAL CAPITAL'S VERDICT--- DECLARED BY THEIR PAID SYCHOPHANTS IN THE "MEDIA"--- THAT:
"CHINA MUST WIN." SIMPLY BECAUSE THEY HAVE THE CHEAPEST LABOR...!
EUROLAND, RUSSIA AND AUSTRALIA WILL LEAD THE WAY...THEY HAVE NEVER BEEN "TAKEN OVER" OR "USED" BY "INTERNATIONAL CAPITAL" THE WAY THE US AND CHINA HAVE BEEN...
BUT THE PROCESS OF RE-THINKING OUR ECONOMIC BLASPHEMIES IS JUST BEGINNING IN THE US....AND THE CHANGE BACK TO "REALITY" WILL BE DIFFICULT...
WE ARE HAVING A MAJOR ECONOMIC PARADIGM SHIFT!!
MANY PEOPLE ARE BASING THEIR ESTIMATES OF THIS RECESSION ON RECESSIONS IN THE PAST...
BUT THIS ONE COULD BE DIFFERENT... TO ME THIS RECESSION...RESEMBLES THE GREAT DEPRESSION OF THE 1930'S...
IN THE 1930'S...IT WAS NOT PRODUCTION...OR CONSUMPTION...OR MONETARY POLICY THAT "CAUSED" THE COLLAPSE...
WHAT HAPPENED WAS THE GLOBAL TRADING SYSTEM ITSELF COLLAPSED...!
THE COLONIAL POWERS WERE SELF-DESTRUCTING...MAINLY BECAUSE OF WWI, AND IT'S AFTERMATH.
THE POUND WAS NO LONGER THE DOMINANT CURRENCY IT WAS IN THE 19TH CENTURY...THE DOLLAR WAS TAKING OVER.
THE POUND COLLAPSED IN 1931...AND THAT WAS THE REAL CAUSE OF THE DEPRESSION...THE POUND COLLAPSE MAKE THE 30'S DEPRESSION "GREAT!"
SO TO...NOW WE HAVE THE COLLAPSE OF THE POUNDS SUCCESSOR RESERVE CURRENCY ....THE DOLLAR...
FURTHERMORE, WE HAVE GLOBALIZATION AND THE DE-INDUSTRIALIZATION OF THE US ECONOMY... THESE ARE MAJOR SHIFTS IN THE WORLD'S ECONOMIC "TECTONIC PLATES....!"
WORSE YET, THE US FED HAS BEEN PART OF THE PROBLEM WITH IT'S RELIANCE ON ASSET BUBBLES FOR THE PAST 20 YEARS...
SO, MY HUNCH IS THAT WHAT'S COMING IS NOT GOING TO BE A MINOR EARTHQUAKE...
BUT RATHER, A MAJOR ECONOMIC EVENT...NOT UNLIKE WHAT HAPPEN TO THE POUND IN 1931...
A MAJOR SHIFT IN THE BALANCE OF ECONOMIC POWER IS AT HAND...AND THAT ALWAYS CAUSES SEVERE DEPRESSIONS... AND THIS TIME WITHOUT THE INTERVENTION OF A "GREAT WAR" TO RESET THE DIALS BACK TO ZERO...AND DESTROY THE OLD ORDER SO THE NEW CAN EMERGE.
SO THOSE WHO USE PAST MINI-SLOWDOWNS AS A GUIDE TO THE FUTURE....WILL BE MAKING A LOT OF "NONSENSE STATEMENTS" IN THE MEDIA NOW...ABOUT "WHAT'S REALLY HAPPENING."
WATCH FOR THEM....
AND MARVEL THAT THESE PEOPLE REALLY DON'T QUITE GET IT YET...!
BUT THIS ONE COULD BE DIFFERENT... TO ME THIS RECESSION...RESEMBLES THE GREAT DEPRESSION OF THE 1930'S...
IN THE 1930'S...IT WAS NOT PRODUCTION...OR CONSUMPTION...OR MONETARY POLICY THAT "CAUSED" THE COLLAPSE...
WHAT HAPPENED WAS THE GLOBAL TRADING SYSTEM ITSELF COLLAPSED...!
THE COLONIAL POWERS WERE SELF-DESTRUCTING...MAINLY BECAUSE OF WWI, AND IT'S AFTERMATH.
THE POUND WAS NO LONGER THE DOMINANT CURRENCY IT WAS IN THE 19TH CENTURY...THE DOLLAR WAS TAKING OVER.
THE POUND COLLAPSED IN 1931...AND THAT WAS THE REAL CAUSE OF THE DEPRESSION...THE POUND COLLAPSE MAKE THE 30'S DEPRESSION "GREAT!"
SO TO...NOW WE HAVE THE COLLAPSE OF THE POUNDS SUCCESSOR RESERVE CURRENCY ....THE DOLLAR...
FURTHERMORE, WE HAVE GLOBALIZATION AND THE DE-INDUSTRIALIZATION OF THE US ECONOMY... THESE ARE MAJOR SHIFTS IN THE WORLD'S ECONOMIC "TECTONIC PLATES....!"
WORSE YET, THE US FED HAS BEEN PART OF THE PROBLEM WITH IT'S RELIANCE ON ASSET BUBBLES FOR THE PAST 20 YEARS...
SO, MY HUNCH IS THAT WHAT'S COMING IS NOT GOING TO BE A MINOR EARTHQUAKE...
BUT RATHER, A MAJOR ECONOMIC EVENT...NOT UNLIKE WHAT HAPPEN TO THE POUND IN 1931...
A MAJOR SHIFT IN THE BALANCE OF ECONOMIC POWER IS AT HAND...AND THAT ALWAYS CAUSES SEVERE DEPRESSIONS... AND THIS TIME WITHOUT THE INTERVENTION OF A "GREAT WAR" TO RESET THE DIALS BACK TO ZERO...AND DESTROY THE OLD ORDER SO THE NEW CAN EMERGE.
SO THOSE WHO USE PAST MINI-SLOWDOWNS AS A GUIDE TO THE FUTURE....WILL BE MAKING A LOT OF "NONSENSE STATEMENTS" IN THE MEDIA NOW...ABOUT "WHAT'S REALLY HAPPENING."
WATCH FOR THEM....
AND MARVEL THAT THESE PEOPLE REALLY DON'T QUITE GET IT YET...!
HEDGE FUNDS PULL PLUNGE PROTECTION DOWN!!
PLUNGE PROTECTION IS NOT INVINCIBLE...
IT CAN REALLY BE NO MORE THAN AN ORGANIZED SHORT SQUEEZE...
OR A BOOST TO THE DOLLAR BY SELLING OFF THIN MARKETS AS IN GOLD....
OR SOME GOVERNMENT/WALL STREET HAPPY TALK FOR PUBLIC CONSUMPTION.... TO SPIN A RALLY ON...
BUT PLUNGE PROTECTION WILL NOT STAND IN FRONT OF AN ON-COMING TRAIN...!
IT'S NOT THAT POWERFUL... TWEAKING THE MARKETS IN THE RIGHT DIRECTION IS ALL PLUNGE PROTECTION CAN DO...
BUT WITH MASSIVE SYSTEMIC RISK NOW IN THE MARKET...THE VALUE OF PLUNGE PROTECTION COULD BE CONSIDERABLY REDUCED...
IT CAN REALLY BE NO MORE THAN AN ORGANIZED SHORT SQUEEZE...
OR A BOOST TO THE DOLLAR BY SELLING OFF THIN MARKETS AS IN GOLD....
OR SOME GOVERNMENT/WALL STREET HAPPY TALK FOR PUBLIC CONSUMPTION.... TO SPIN A RALLY ON...
BUT PLUNGE PROTECTION WILL NOT STAND IN FRONT OF AN ON-COMING TRAIN...!
IT'S NOT THAT POWERFUL... TWEAKING THE MARKETS IN THE RIGHT DIRECTION IS ALL PLUNGE PROTECTION CAN DO...
BUT WITH MASSIVE SYSTEMIC RISK NOW IN THE MARKET...THE VALUE OF PLUNGE PROTECTION COULD BE CONSIDERABLY REDUCED...
HAPPY TALKING ON THE ROAD TO HELL...!
IT'S BEEN ALL HAPPY TALK LATELY...
EVERY MORNING SOME NEW "POSITIVE" DATA POINT IS DUG UP TO SPIN A DAILY RALLY AROUND...
TODAY IT'S MICROSOFT...
TOMORROW SOMEONE ELSE WILL SPIN SOME NUMBERS WITH CREATIVE ACCOUNTING AND PROVIDE THE NEXT RALLY POINT...
THE PROBLEM IS YOU CAN ONLY TAKE THIS SO FAR...EVENTUALLY REALITY DOES KICK IN...
TRADERS WILL NOT PUSH THIS MARKET UP TOO FAR, BEFORE REALIZING THAT IT'S ALL BULLSHIT BASED.
BULL MARKETS BASED SOLELY ON BULLSHIT ARE NOT REAL STABLE.
THE ONLY HOPE IS THAT THE DOLLAR WILL DEVALUE SO MUCH THAT THE DOW CAN GO UP "NOMINALLY" BUT NOT REALLY PRODUCE ANY ACTUAL CHANGE IN UNDERLYING OR REAL "VALUE..."
THAT WAS THE STRATEGY LAST YEAR...AND IT WORKED TO SOME EXTENT...
ALTHOUGH WE DID GET $3 GAS AS THE PRICE WE PAID...!!
IF THE FED WANTS AN ASSET INFLATION RALLY ON WALL STREET...AND IS WILLING TO TAKE $4 GAS THIS YEAR...
WE CAN DO IT!
RALLY ON SUCKERS!
BUT THAT'S NOT WHAT WE'RE PAYING "WIEMAR BEN" THE BIG BUCKS TO DO!
THE BERNANKE "PUT" ON WALL STREET IS THE ONLY GAME IN TOWN...
AND THAT WILL BRING THE ENTIRE HOUSE OF CARDS DOWN EVENTUALLY...
EVERY MORNING SOME NEW "POSITIVE" DATA POINT IS DUG UP TO SPIN A DAILY RALLY AROUND...
TODAY IT'S MICROSOFT...
TOMORROW SOMEONE ELSE WILL SPIN SOME NUMBERS WITH CREATIVE ACCOUNTING AND PROVIDE THE NEXT RALLY POINT...
THE PROBLEM IS YOU CAN ONLY TAKE THIS SO FAR...EVENTUALLY REALITY DOES KICK IN...
TRADERS WILL NOT PUSH THIS MARKET UP TOO FAR, BEFORE REALIZING THAT IT'S ALL BULLSHIT BASED.
BULL MARKETS BASED SOLELY ON BULLSHIT ARE NOT REAL STABLE.
THE ONLY HOPE IS THAT THE DOLLAR WILL DEVALUE SO MUCH THAT THE DOW CAN GO UP "NOMINALLY" BUT NOT REALLY PRODUCE ANY ACTUAL CHANGE IN UNDERLYING OR REAL "VALUE..."
THAT WAS THE STRATEGY LAST YEAR...AND IT WORKED TO SOME EXTENT...
ALTHOUGH WE DID GET $3 GAS AS THE PRICE WE PAID...!!
IF THE FED WANTS AN ASSET INFLATION RALLY ON WALL STREET...AND IS WILLING TO TAKE $4 GAS THIS YEAR...
WE CAN DO IT!
RALLY ON SUCKERS!
BUT THAT'S NOT WHAT WE'RE PAYING "WIEMAR BEN" THE BIG BUCKS TO DO!
THE BERNANKE "PUT" ON WALL STREET IS THE ONLY GAME IN TOWN...
AND THAT WILL BRING THE ENTIRE HOUSE OF CARDS DOWN EVENTUALLY...
BERNANKE BASHING CONTINUES...
BERNANKE IS TAKING IT IN BOTH ENDS FROM WALL STREET...
PERHAPS HE SHOULD JUST DO HIS JOB AND PROTECT THE CURRENCY AND THE REAL ECONOMY FROM INFLATION.... AND FORGET ABOUT KISSING CRAMER'S ASS?
NO ONE RESPECTS AN ASS KISSER...ESPECIALLY WHEN THAT ASS KISSER IS THE US CENTRAL BANKER!
MY HUNCH IS THAT WE ARE GOING TO SEE A "HAPPY TALK" MARKET TIL THE FED MEETING...THUS PROVIDING BERNANKE WITH SOME "COVER" NOT TO LOWER RATES AGAIN...WHICH WOULD BE A DISASTER FOR THE DOLLAR!!!
BERNANKE SHOULD JUST FORGET ABOUT THE POLITICIANS AND THE SPECULATORS AND START STRAIGHT TALKING MACROECONOMICS DIRECTLY TO THE AMERICAN PEOPLE...
OF COURSE HE COULD CAUSE THE GREAT UNWASHED TO COME OUT WITH THEIR PITCH-FORKS!
AND MARCH ON WASHINGTON...BUT PERHAPS THAT IS THE SOLUTION HERE...
MORE RESPONSIVE GOVERNMENT...LESS LYING TO THE PUBLIC.
DAMN, IT'S BEEN ALL LIES FOR SO LONG MANY AMERICANS CAN'T RECOGNIZE THE TRUTH WHEN THEY SEE IT NOW...
THE TRUTH SOUNDS "ODD" ...AND EVEN RADICAL TO MANY AMERICANS THESE DAZE... VERY SAD...
I DON'T REALLY SEE A SOLUTION UNTIL AFTER THE ELECTION... IF THE DEMOCRATS GET 60 SEATS IN THE SENATE...SOME PROGRESS ON THE PUBLIC AGENDA MAY BE POSSIBLE...IF NOT, IT'S MORE DECLINE, MORE LIES AND EVENTUALLY A COLLAPSE...
PERHAPS HE SHOULD JUST DO HIS JOB AND PROTECT THE CURRENCY AND THE REAL ECONOMY FROM INFLATION.... AND FORGET ABOUT KISSING CRAMER'S ASS?
NO ONE RESPECTS AN ASS KISSER...ESPECIALLY WHEN THAT ASS KISSER IS THE US CENTRAL BANKER!
MY HUNCH IS THAT WE ARE GOING TO SEE A "HAPPY TALK" MARKET TIL THE FED MEETING...THUS PROVIDING BERNANKE WITH SOME "COVER" NOT TO LOWER RATES AGAIN...WHICH WOULD BE A DISASTER FOR THE DOLLAR!!!
BERNANKE SHOULD JUST FORGET ABOUT THE POLITICIANS AND THE SPECULATORS AND START STRAIGHT TALKING MACROECONOMICS DIRECTLY TO THE AMERICAN PEOPLE...
OF COURSE HE COULD CAUSE THE GREAT UNWASHED TO COME OUT WITH THEIR PITCH-FORKS!
AND MARCH ON WASHINGTON...BUT PERHAPS THAT IS THE SOLUTION HERE...
MORE RESPONSIVE GOVERNMENT...LESS LYING TO THE PUBLIC.
DAMN, IT'S BEEN ALL LIES FOR SO LONG MANY AMERICANS CAN'T RECOGNIZE THE TRUTH WHEN THEY SEE IT NOW...
THE TRUTH SOUNDS "ODD" ...AND EVEN RADICAL TO MANY AMERICANS THESE DAZE... VERY SAD...
I DON'T REALLY SEE A SOLUTION UNTIL AFTER THE ELECTION... IF THE DEMOCRATS GET 60 SEATS IN THE SENATE...SOME PROGRESS ON THE PUBLIC AGENDA MAY BE POSSIBLE...IF NOT, IT'S MORE DECLINE, MORE LIES AND EVENTUALLY A COLLAPSE...
STREET FEELS JOY...OR IS IT JUST THE PROZAC TALKING...?
DR BERNANKE'S LITTLE PILLS MAY BE HAVING A PLACEBO EFFECT ON SOME TRADERS...
OR PERHAPS, SOME FOLKS JUST WANT TO PLAY IN A GAME WHERE PLUNGE PROTECTION AND THE BERNANKE PUT ARE IN EFFECT...ALWAYS READY TO STEP IN AND BUY THE FLOAT...
ABSOLUTELY NOTHING FUNDAMENTAL HAS CHANGED... IN FACT, IT'S MUCH MUCH WORSE...GOLD IS SOARING...OIL WON'T BE FAR BEHIND...THE DOLLAR IS BACK IN THE TOILET...
THE FED'S OBSESSION WITH KEEPING WALL STREET HAPPY IS CAUSING MASSIVE MACROECONOMIC PAIN DOWN THE ROAD...
AND THAT MEANS HUGE INFLATION EVENTUALLY...
THE NOTION THAT THE FED WILL "SOP UP" THE EXCESS LIQUIDITY "LATER" IS JUST MORE BULLSHIT THINKING....BECAUSE THEY NEVER DO.
BERNANKE DESPERATELY WANTS THE US ASSET BUBBLES BACK....IN SOME FORM...
AFTER ALL GREENSPAN MAKE HIS "WIZARD" REPUTATION BASED SOLELY ON HIS ABILITY TO PRODUCE REPEATED MASSIVE ASSET BUBBLES!!
WHAT BERNANKE WILL PROBABLY GET IS HUGE INFLATION IN COMMODITIES PRICES... ALAS, THE GREENSPAN DAZE REALLY IS OVER...
YOU CAN'T GO BACK TO THE 1990'S...EVEN IF AMERICAN VOTERS DO GO FOR HILLARY!!
A VERY WEAK DOLLAR...AND EVENTUALLY SOME PUSH BACK IN THE BOND MARKET AS FOREIGNERS BULK AT EATING MORE SHIT FROM AMERICANS IS INEVITABLE....
MEANWHILE, SELL THESE BLIPS... THIS IS LAST BEST CHANCE TO "COME EVEN" AND EXIT THE MARKET!!
OR PERHAPS, SOME FOLKS JUST WANT TO PLAY IN A GAME WHERE PLUNGE PROTECTION AND THE BERNANKE PUT ARE IN EFFECT...ALWAYS READY TO STEP IN AND BUY THE FLOAT...
ABSOLUTELY NOTHING FUNDAMENTAL HAS CHANGED... IN FACT, IT'S MUCH MUCH WORSE...GOLD IS SOARING...OIL WON'T BE FAR BEHIND...THE DOLLAR IS BACK IN THE TOILET...
THE FED'S OBSESSION WITH KEEPING WALL STREET HAPPY IS CAUSING MASSIVE MACROECONOMIC PAIN DOWN THE ROAD...
AND THAT MEANS HUGE INFLATION EVENTUALLY...
THE NOTION THAT THE FED WILL "SOP UP" THE EXCESS LIQUIDITY "LATER" IS JUST MORE BULLSHIT THINKING....BECAUSE THEY NEVER DO.
BERNANKE DESPERATELY WANTS THE US ASSET BUBBLES BACK....IN SOME FORM...
AFTER ALL GREENSPAN MAKE HIS "WIZARD" REPUTATION BASED SOLELY ON HIS ABILITY TO PRODUCE REPEATED MASSIVE ASSET BUBBLES!!
WHAT BERNANKE WILL PROBABLY GET IS HUGE INFLATION IN COMMODITIES PRICES... ALAS, THE GREENSPAN DAZE REALLY IS OVER...
YOU CAN'T GO BACK TO THE 1990'S...EVEN IF AMERICAN VOTERS DO GO FOR HILLARY!!
A VERY WEAK DOLLAR...AND EVENTUALLY SOME PUSH BACK IN THE BOND MARKET AS FOREIGNERS BULK AT EATING MORE SHIT FROM AMERICANS IS INEVITABLE....
MEANWHILE, SELL THESE BLIPS... THIS IS LAST BEST CHANCE TO "COME EVEN" AND EXIT THE MARKET!!
Thursday, January 24, 2008
WILL IRAQIS KICK BUSH OUT...?
HELL NO!
WHO WILL PAY FOR THEIR NATIONAL HEALTH CARE PLAN...IF THE AMERICAN TAXPAYERS ARE OUT OF THE PICTURE...!
AS LONG AS BUSH KEEPS SIGNING THE CHECKS...THE IRANIAN-SUPPORTED SHIA GOVERNMENT IN THE GREEN ZONE WILL LET HIM STAY...
HEY, "I'M-DINNER-JACKET" IS NO FOOL.. THAT FUCKER AS A PhD...AND PROBABLY A REAL ONE..UNLIKE DUBYA'S MBA FROM HARVARD!
EXACTLY WHAT BUSH IS ACCOMPLISHING IN IRAQ IS THE REAL QUESTION...
PROVIDING OSAMA WITH REAL LIVE AMERICANS TO SHOOT AT IS THE ONLY REASON FOR STAYING AT THIS POINT...
BUT LIKE BUSH ALWAYS SAYS:
WE GOTTA LET THEM KILL AMERICANS OVER THERE...SO THEY DON'T WANT TO KILL AMERICANS OVER HERE...
TARGET PRACTICE AND TRAINING FOR JIHADIS ARE THE ONLY REASON FOR STAYING...
WHO WILL PAY FOR THEIR NATIONAL HEALTH CARE PLAN...IF THE AMERICAN TAXPAYERS ARE OUT OF THE PICTURE...!
AS LONG AS BUSH KEEPS SIGNING THE CHECKS...THE IRANIAN-SUPPORTED SHIA GOVERNMENT IN THE GREEN ZONE WILL LET HIM STAY...
HEY, "I'M-DINNER-JACKET" IS NO FOOL.. THAT FUCKER AS A PhD...AND PROBABLY A REAL ONE..UNLIKE DUBYA'S MBA FROM HARVARD!
EXACTLY WHAT BUSH IS ACCOMPLISHING IN IRAQ IS THE REAL QUESTION...
PROVIDING OSAMA WITH REAL LIVE AMERICANS TO SHOOT AT IS THE ONLY REASON FOR STAYING AT THIS POINT...
BUT LIKE BUSH ALWAYS SAYS:
WE GOTTA LET THEM KILL AMERICANS OVER THERE...SO THEY DON'T WANT TO KILL AMERICANS OVER HERE...
TARGET PRACTICE AND TRAINING FOR JIHADIS ARE THE ONLY REASON FOR STAYING...
BOND BAILOUT A PIPE DREAM...!
WHO? WHAT? WHEN? WHERE?... ANSWER TO ALL FOUR QUESTIONS: CHINA!
LIKE DILLENGER SAID:
IF YOU WANT MONEY, YOU GO WHERE THE MONEY IS...THE BANK (OF CHINA)!
LIKE DILLENGER SAID:
IF YOU WANT MONEY, YOU GO WHERE THE MONEY IS...THE BANK (OF CHINA)!
FRIDAY IS A SURE ADVANCE FOR THE DOW...
APPARENTLY PLUNGE PROTECTION WILL BE IN THE MARKET UNTIL THE END OF THE WEEK...AND POSSIBLY UNTIL THE NEXT FED MEETING IS OVER...
HOW LONG THEY CAN ENFORCE THE "AFTERGLOW" OF THE FED RATE CUT IS QUESTIONABLE.
BUT, YOU CAN TRADE "AS IF" PLUNGE PROTECTION WERE OUT OF THE PICTURE BY BUYING GOLD AND GOLD STOCKS...WHICH HAVE "SECRETLY" SOARED...UNDER THE RADAR OF TOUT TV...
THE WEAK DOLLAR IS NOW ASSURED FOR THE INDEFINITE FUTURE...AND ANYONE CAN EXTRAPOLATE THE CONSEQUENCES OF THAT... HIGHER GOLD, HIGHER OIL, MORE COMMODITY SPECULATION, PERHAPS HIGHER STOCK PRICES...AS THE DOLLAR WEAKENS...
IT'S ALL SHORT TERM...
WHEN THE AFTERGLOW PARTY IS OVER...THE TROUBLES WILL RESUME. BUT APPARENTLY IT COULD CONTINUE TILL THE NEXT FED MEETING...
BERNANKE NEEDS A HAPPY FACE MARKET SO HE WON'T HAVE TO CUT AGAIN NEXT WEEK!! MY HUNCH IS THAT IT'S ALL SWEETNESS AND LIGHT...AND KEEPING THE BAD STUFF OUT OF VIEW...UNTIL THE FED MEETING COMING UP...
THE LAST THING THE B-MAN NEEDS IS FOR CRAMER TO BE "OUT OF HIS TREE"...ON THE EVE OF THE MEETING...!
HOW LONG THEY CAN ENFORCE THE "AFTERGLOW" OF THE FED RATE CUT IS QUESTIONABLE.
BUT, YOU CAN TRADE "AS IF" PLUNGE PROTECTION WERE OUT OF THE PICTURE BY BUYING GOLD AND GOLD STOCKS...WHICH HAVE "SECRETLY" SOARED...UNDER THE RADAR OF TOUT TV...
THE WEAK DOLLAR IS NOW ASSURED FOR THE INDEFINITE FUTURE...AND ANYONE CAN EXTRAPOLATE THE CONSEQUENCES OF THAT... HIGHER GOLD, HIGHER OIL, MORE COMMODITY SPECULATION, PERHAPS HIGHER STOCK PRICES...AS THE DOLLAR WEAKENS...
IT'S ALL SHORT TERM...
WHEN THE AFTERGLOW PARTY IS OVER...THE TROUBLES WILL RESUME. BUT APPARENTLY IT COULD CONTINUE TILL THE NEXT FED MEETING...
BERNANKE NEEDS A HAPPY FACE MARKET SO HE WON'T HAVE TO CUT AGAIN NEXT WEEK!! MY HUNCH IS THAT IT'S ALL SWEETNESS AND LIGHT...AND KEEPING THE BAD STUFF OUT OF VIEW...UNTIL THE FED MEETING COMING UP...
THE LAST THING THE B-MAN NEEDS IS FOR CRAMER TO BE "OUT OF HIS TREE"...ON THE EVE OF THE MEETING...!
WANNA BET THE GOLD RALLY ISN'T EVEN MENTIONED IN THE NEWS TONIGHT?
THEY KEEP THIS THING PRETTY WELL MANAGED FOR PUBLIC CONSUMPTION...
KEEP 'EM STUPID...AND NO ONE WILL ASK ANY EMBARASSING QUESTIONS...
KEEP 'EM STUPID...AND NO ONE WILL ASK ANY EMBARASSING QUESTIONS...
YOUR CHECK IS IN THE MAIL...!!
TO KEEP CHINA'S FACTORIES HUMMING...!
DOLLAR PLUNGES.... GOLD AND OIL SOAR...!
DID ANYONE NOTICE THAT IT WAS THE BANKS AND FINANCIAL INSTITUTIONS THAT WERE IN TROUBLE... AND NOT THE AMERICAN CONSUMER.... SO WHY ARE WE GETTING A "WELFARE CHECK?"
THERE HAS BEEN NO COLLAPSE IN SPENDING...
AND ONLY MANUFACTURING AND CONSTRUCTION JOBS WERE DOWN...
ALL SERVICE SECTOR JOBS WERE THROUGH THE ROOF!!
THESE "WELFARE CHECKS" WILL BE MASSIVELY INFLATIONARY!
LOOK FOR THE BOND MARKET TO START MOVING AGAINST THE FED SOON...
AND THE DOLLAR AND GOLD WERE "DOING THEIR THING" IN SPADES TODAY...
MORE OF THAT TO COME...
BUY THE EURO FOR YOUR SUMMER TRIP NOW!
AND BUY GOLD FOR LONG TERM PROTECTION FROM THIS KRAZY KONGRESS AND NERVOUS FED!!
DOLLAR PLUNGES.... GOLD AND OIL SOAR...!
DID ANYONE NOTICE THAT IT WAS THE BANKS AND FINANCIAL INSTITUTIONS THAT WERE IN TROUBLE... AND NOT THE AMERICAN CONSUMER.... SO WHY ARE WE GETTING A "WELFARE CHECK?"
THERE HAS BEEN NO COLLAPSE IN SPENDING...
AND ONLY MANUFACTURING AND CONSTRUCTION JOBS WERE DOWN...
ALL SERVICE SECTOR JOBS WERE THROUGH THE ROOF!!
THESE "WELFARE CHECKS" WILL BE MASSIVELY INFLATIONARY!
LOOK FOR THE BOND MARKET TO START MOVING AGAINST THE FED SOON...
AND THE DOLLAR AND GOLD WERE "DOING THEIR THING" IN SPADES TODAY...
MORE OF THAT TO COME...
BUY THE EURO FOR YOUR SUMMER TRIP NOW!
AND BUY GOLD FOR LONG TERM PROTECTION FROM THIS KRAZY KONGRESS AND NERVOUS FED!!
GOLD STOCKS GO INTO ORBIT!!
HAPPY DAZE ARE QUEER AGAIN ON WALL STREET....
SO UP UP AND AWAY FOR GOLD AND GOLD STOCKS!!
SO UP UP AND AWAY FOR GOLD AND GOLD STOCKS!!
BUY THE MORNING DIP...SELL THE 3:30 BLIP!! FREE MONEY FROM THE FED!!
LOOKS LIKE THE 3PM PLUNGE PROTECTION "RALLY" IS GOING TO BE WITH US FOR A WHILE...
AT LEAST UNTIL PEOPLE QUIT BAD MOUTHING BERNANKE FOR HIS PANIC RATE MOVE THIS WEEK...
SO WHY NOT TRADE IT...?
BUY THE MORNING DIP...(ON THE BAD NEWS)...AND SELL THE 3:30 BLIP...ON THE PLUNGE PROTECTION PROGRAM TRADES...
FREE MONEY FROM THE FED FOR STOCK TRADERS!!
FORGET THE TAX REBATES...!!
AT LEAST UNTIL PEOPLE QUIT BAD MOUTHING BERNANKE FOR HIS PANIC RATE MOVE THIS WEEK...
SO WHY NOT TRADE IT...?
BUY THE MORNING DIP...(ON THE BAD NEWS)...AND SELL THE 3:30 BLIP...ON THE PLUNGE PROTECTION PROGRAM TRADES...
FREE MONEY FROM THE FED FOR STOCK TRADERS!!
FORGET THE TAX REBATES...!!
PEOPLE KEEP SEARCHING GOOGLE FOR: "ECONOMY FUCKED?"
WELCOME NEW VIEWERS....
YES, BOOKMARK THIS PAGE NOW...AND COME BACK DAILY FOR THE REAL SHIT ON OUR FUCK UP ECONOMY....!!
READ THE THE PRIOR POSTS...BETTER LATE THAN NEVER...!
YES, BOOKMARK THIS PAGE NOW...AND COME BACK DAILY FOR THE REAL SHIT ON OUR FUCK UP ECONOMY....!!
READ THE THE PRIOR POSTS...BETTER LATE THAN NEVER...!
HOLY CRAP! DID YOU SEE THE GOLD MOONSHOT TODAY!!
WAD YA EXPECT....? GOLD KICKS ASS!!
WITH THE FED TAKING DIRECTION FROM CRAMER AND THE SPECULATING CLASS... ?
YOU CAN BET SERIOUS GROWN-UPS AROUND THE WORLD A PISSED AT BERNANKE FOR KOW-TOWING TO THE SPECULATORS!!
AND AFTER ALL IT'S THE SERIOUS GROWN UPS THAT ARE FINANCING OUR BULLSHIT MARKETS AND ECONOMY THESE DAZES...!
WITH THE FED TAKING DIRECTION FROM CRAMER AND THE SPECULATING CLASS... ?
YOU CAN BET SERIOUS GROWN-UPS AROUND THE WORLD A PISSED AT BERNANKE FOR KOW-TOWING TO THE SPECULATORS!!
AND AFTER ALL IT'S THE SERIOUS GROWN UPS THAT ARE FINANCING OUR BULLSHIT MARKETS AND ECONOMY THESE DAZES...!
DOLLAR IN THE TOILET AGAIN...
SORRY, NO FREE LUNCH...!
THAT PROGRAM HAS BEEN CANCELED BY THE BANK OF CHINA!!
THAT PROGRAM HAS BEEN CANCELED BY THE BANK OF CHINA!!
FED STAFF ALWAYS WELCOME AT GLOOM AND DOOM
YES, WE KNOW YOU'RE OUT THERE... LOL
THOSE GOVERNMENTAL IP ADDRESSES ARE REAL NOTICEABLE...
THOSE GOVERNMENTAL IP ADDRESSES ARE REAL NOTICEABLE...
DOW CHART "UNMANAGED" SO FAR...
IF THINGS GET OUT OF HAND...PLUNGE PROTECTION HAS IT'S FINGER ON THE MOUSE...READY TO BUY THE EXCESS FLOAT AS NEEDED...
CLEARLY SOME SUCKERS ARE REENTERING....FOR THEIR INEVITABLE FLEECING...
CLEARLY SOME SUCKERS ARE REENTERING....FOR THEIR INEVITABLE FLEECING...
WHIPPY DIPPY DOW...
NO ONE WANTS TO BE THE FIRST PENGUIN IN THE WATER...
I SENSE THE MONEY MANAGERS ARE A BIT SPOOKED... AND THIS IS JANUARY YET...PERFECT WEATHER FOR PENGUINS!!
BEWARE THE SEALS...YOU LITTLE PENGUINS!!
I SENSE THE MONEY MANAGERS ARE A BIT SPOOKED... AND THIS IS JANUARY YET...PERFECT WEATHER FOR PENGUINS!!
BEWARE THE SEALS...YOU LITTLE PENGUINS!!
NEWSLETTERS SELL THE BLIP...?
BUT YOU'LL GET BETTER ADVICE IN THE NEWSPAPER HOROSCOPE COLUMN!
(THEY STILL HAVE THOSE DON'T THEY...I NEVER LOOK).
AND A THE HOROSCOPES ARE A LOT CHEAPER!
MY PERSONAL PREFERENCE IS FOR FORTUNE COOKIES... THE ONLY PROBLEM IS AN HOUR LATER YOU'RE STILL HUNGRY!!
(THEY STILL HAVE THOSE DON'T THEY...I NEVER LOOK).
AND A THE HOROSCOPES ARE A LOT CHEAPER!
MY PERSONAL PREFERENCE IS FOR FORTUNE COOKIES... THE ONLY PROBLEM IS AN HOUR LATER YOU'RE STILL HUNGRY!!
MARKET RALLY...? WHO CARES...
A MARKET THAT CAN SWING 600 POINTS TO TWO HOURS IS NOT TO BE TRUSTED...
THIS MORNING RALLY COULD BE A HUGE PLUNGE BY 3PM....!
I WOULDN'T TOUCH THIS S.O.B. WITH A TEN FOOT POLE!
THERE IS NO CREDIBILITY LEFT ON WALL STREET... BERNANKE JUST WENT OVER THE TOP THIS WEEK...I DOUBT ANYONE THINKS THE FED CAN CONTROL WHATS COMING NEXT... THE BANK OF CHINA COULD TOSS BERNANKE AROUND LIKE A RAG DOLL...IF THEY CHOOSE TO...
BUT A GOOD PARASITE KNOWS THAT IT'S NOT WISE TO KILL YOUR HOST... I THINK CONFUSIUS SAID THAT... OR WAS IT BUDDHA...?
DEFINITLY NOT BUDDHA, THAT GUY WAS TO SMART TO FUCK WITH STOCK SPECULATION... HE KNEW THE TRANSIENT NATURE OF ALL THINGS... AND STOCK PRICES HAVE BEEN VERY TRANSIENT LATELY...
THIS MORNING RALLY COULD BE A HUGE PLUNGE BY 3PM....!
I WOULDN'T TOUCH THIS S.O.B. WITH A TEN FOOT POLE!
THERE IS NO CREDIBILITY LEFT ON WALL STREET... BERNANKE JUST WENT OVER THE TOP THIS WEEK...I DOUBT ANYONE THINKS THE FED CAN CONTROL WHATS COMING NEXT... THE BANK OF CHINA COULD TOSS BERNANKE AROUND LIKE A RAG DOLL...IF THEY CHOOSE TO...
BUT A GOOD PARASITE KNOWS THAT IT'S NOT WISE TO KILL YOUR HOST... I THINK CONFUSIUS SAID THAT... OR WAS IT BUDDHA...?
DEFINITLY NOT BUDDHA, THAT GUY WAS TO SMART TO FUCK WITH STOCK SPECULATION... HE KNEW THE TRANSIENT NATURE OF ALL THINGS... AND STOCK PRICES HAVE BEEN VERY TRANSIENT LATELY...
NYTs ON THE GLOOM
LET'S HOPE THE RED NECK ASSHOLES IN THE RED STATES WISE UP...ASAP.
THE REST OF US ARE PRETTY MUCH THINKING STRAIGHT BY NOW...
IT'S NOT ABOUT BLACKS AND GAYS...ITS ABOUT YOUR JOB, YOUR PENSION AND AFFORDABLE HEALTH CARE! AND STOPPING THE LOOTING BY WALL STREET!
THAT OTHER REPUBLICAN BULLSHIT WAS JUST A DIVERSION...!
BUT YOU NEVER KNOW WHAT THESE BUBBA REPUBLICANS ARE THINKING...
SADLY MANY OF THEM ARE UNEMPOLYED, WITHOUT PENSIONS OR HEALTH CARE NOW. AND HAVE LITTLE HOPE FOR THE FUTURE...OR THEIR KIDS FUTURE...
YOU'D THINK EVEN THEY WOULD CONNECT THE DOTS EVENTUALLY... I MEAN EVEN STUPIDITY HAS SOME LIMITS!
THE REST OF US ARE PRETTY MUCH THINKING STRAIGHT BY NOW...
IT'S NOT ABOUT BLACKS AND GAYS...ITS ABOUT YOUR JOB, YOUR PENSION AND AFFORDABLE HEALTH CARE! AND STOPPING THE LOOTING BY WALL STREET!
THAT OTHER REPUBLICAN BULLSHIT WAS JUST A DIVERSION...!
BUT YOU NEVER KNOW WHAT THESE BUBBA REPUBLICANS ARE THINKING...
SADLY MANY OF THEM ARE UNEMPOLYED, WITHOUT PENSIONS OR HEALTH CARE NOW. AND HAVE LITTLE HOPE FOR THE FUTURE...OR THEIR KIDS FUTURE...
YOU'D THINK EVEN THEY WOULD CONNECT THE DOTS EVENTUALLY... I MEAN EVEN STUPIDITY HAS SOME LIMITS!
MARKET NEEDS A REST...
AFTER AN ASS KICKER LIKE YESTERDAY... MY HUNCH IS THAT THE MARKET WILL BE IN AN ODD EQUILIBRIUM TODAY...
THE VOLUME WAS HUGE YESTERDAY...SO WHOEVER WAS DOING WHATEVER HAS DONE IT... THERE IS NO COMPULSION TO JUMP INTO THE FRAY AT THIS POINT...
YESTERDAY WAS MOSTLY SHORT COVERING... FEW OTHERS REALLY "NEEDED" TO BUY STOCKS YESTERDAY... SOME SUCKERS AND STUPIDER MONEY MANAGERS MAY JUMP IN TODAY...SO THEY DON'T "MISS THE BOAT"... WHAT IDIOTS!
BUT THEY HAD BETTER CHECK THE NAME ON THE BOAT...IT MIGHT BE CALLED THE "USS TITANIC!"
WANNA GET THE LAST TICKET ON THE TITANIC...LIKE LEO...? GO AHEAD JUMP IN. BUT THE WATER COULD BE COLDER THAN YOU THINK...!
THE VOLUME WAS HUGE YESTERDAY...SO WHOEVER WAS DOING WHATEVER HAS DONE IT... THERE IS NO COMPULSION TO JUMP INTO THE FRAY AT THIS POINT...
YESTERDAY WAS MOSTLY SHORT COVERING... FEW OTHERS REALLY "NEEDED" TO BUY STOCKS YESTERDAY... SOME SUCKERS AND STUPIDER MONEY MANAGERS MAY JUMP IN TODAY...SO THEY DON'T "MISS THE BOAT"... WHAT IDIOTS!
BUT THEY HAD BETTER CHECK THE NAME ON THE BOAT...IT MIGHT BE CALLED THE "USS TITANIC!"
WANNA GET THE LAST TICKET ON THE TITANIC...LIKE LEO...? GO AHEAD JUMP IN. BUT THE WATER COULD BE COLDER THAN YOU THINK...!
SELL THE BLIP!!
THE STREET HAS MANAGED TO LATHER UP TEMPORARILY...ON SHORT COVERING, FED PANIC, FREAKY HEADLINES AND THE USUAL BULLSHIT FROM THE TV TOUTS...
NOW IS A PERFECT TIME TO EXIT...
REMEMBER IT'S BUY LOW...SELL HIGH...!
AND THIS IS ABOUT AS HIGH AS IT'S GOING TO GET...
THE OLD POLICY OF SECRETLY DEVALUING THE DOLLAR TO GET THE DOW "NOMINALLY" HIGHER WON'T WORK IN THIS INTENSE ENVIRONMENT... THE INFLATION MONSTER IS JUST OUTSIDE THE DOOR...WAITING TO POUNCE...AND INDEED MAY BE UNSTOPPABLE IN ANY EVENT.
THE HAPPY DAZE ON WALL STREET IS GONE...PERHAPS FOR YEARS TO COME... MAYBE IN ABOUT 20 YEARS A NEW GENERATION WILL HAVE ANOTHER "IT ALWAYS GOES UP" MARKET...?
OURS IS DONE...
LIKELY THE MARKETS WILL TRADE SIDEWAYS FOR MANY MANY YEARS TO COME...THIS WAS THE GAME PLAN IN THE 1970'S.... OF COURSE THERE WILL BE PLENTY OF FALSE DAWNS...THERE ALWAYS ARE!
BUT FOR EVERY FALSE DAWN, THERE WILL BE MONTHS IN THE PIT OF MIDNIGHT GLOOM TO PUSH PEOPLE AWAY FROM SPECULATION AS A WAY OF LIFE...AND MAKE THEM "REPENT" FOR EVER BUYING THAT "DAMN STOCK."
THE AMERICANS HAVE TO WORK OUT THEIR STRUCTURAL PROBLEMS FIRST, THEN FIGURE OUT THEIR RELATIONSHIP WITH
CHINA ...THAT'S JOB ONE...AND THAT DEBATE SHOULD BE A BULLSHIT FREE ZONE!
I MEAN WILL CHINA OWN THE AMERICAN ECONOMY...OR WILL THEY JUST SETTLE FOR A LEASE...?
THE NOTION THAT A NATION CAN CONSUME BUT NOT PRODUCE HAS TO BE TESTED...AND THE ASSHOLES IN ECONOMIC ACADEMIA HAVE TO COME UP WITH A "NEW THEORY" FOR HOW THIS WORKS...AND WHY IT'S "SUSTAINABLE."
BECAUSE SUSTAINABLE IS REALLY THE OPPOSITE OF SPECULATION...
WE HAD SPECULATION UP THE ASS FOR THE LAST 20 YEARS...GREED IS GOOD AND THE CULT OF THE CEO HAVE LEFT THE NATION AN ECONOMIC BASKET CASE DEPENDENT ON THE KINDNESS OF FOREIGNERS!
NOW IT'S TIME TO TRY SUSTAINABLE FOR A WHILE...
DUMP NOW! LET THE TOUTS BUY THIS SHIT...!
NO WONDER THEY DON'T EAT THEIR OWN COOKING!!
NOW IS A PERFECT TIME TO EXIT...
REMEMBER IT'S BUY LOW...SELL HIGH...!
AND THIS IS ABOUT AS HIGH AS IT'S GOING TO GET...
THE OLD POLICY OF SECRETLY DEVALUING THE DOLLAR TO GET THE DOW "NOMINALLY" HIGHER WON'T WORK IN THIS INTENSE ENVIRONMENT... THE INFLATION MONSTER IS JUST OUTSIDE THE DOOR...WAITING TO POUNCE...AND INDEED MAY BE UNSTOPPABLE IN ANY EVENT.
THE HAPPY DAZE ON WALL STREET IS GONE...PERHAPS FOR YEARS TO COME... MAYBE IN ABOUT 20 YEARS A NEW GENERATION WILL HAVE ANOTHER "IT ALWAYS GOES UP" MARKET...?
OURS IS DONE...
LIKELY THE MARKETS WILL TRADE SIDEWAYS FOR MANY MANY YEARS TO COME...THIS WAS THE GAME PLAN IN THE 1970'S.... OF COURSE THERE WILL BE PLENTY OF FALSE DAWNS...THERE ALWAYS ARE!
BUT FOR EVERY FALSE DAWN, THERE WILL BE MONTHS IN THE PIT OF MIDNIGHT GLOOM TO PUSH PEOPLE AWAY FROM SPECULATION AS A WAY OF LIFE...AND MAKE THEM "REPENT" FOR EVER BUYING THAT "DAMN STOCK."
THE AMERICANS HAVE TO WORK OUT THEIR STRUCTURAL PROBLEMS FIRST, THEN FIGURE OUT THEIR RELATIONSHIP WITH
CHINA ...THAT'S JOB ONE...AND THAT DEBATE SHOULD BE A BULLSHIT FREE ZONE!
I MEAN WILL CHINA OWN THE AMERICAN ECONOMY...OR WILL THEY JUST SETTLE FOR A LEASE...?
THE NOTION THAT A NATION CAN CONSUME BUT NOT PRODUCE HAS TO BE TESTED...AND THE ASSHOLES IN ECONOMIC ACADEMIA HAVE TO COME UP WITH A "NEW THEORY" FOR HOW THIS WORKS...AND WHY IT'S "SUSTAINABLE."
BECAUSE SUSTAINABLE IS REALLY THE OPPOSITE OF SPECULATION...
WE HAD SPECULATION UP THE ASS FOR THE LAST 20 YEARS...GREED IS GOOD AND THE CULT OF THE CEO HAVE LEFT THE NATION AN ECONOMIC BASKET CASE DEPENDENT ON THE KINDNESS OF FOREIGNERS!
NOW IT'S TIME TO TRY SUSTAINABLE FOR A WHILE...
DUMP NOW! LET THE TOUTS BUY THIS SHIT...!
NO WONDER THEY DON'T EAT THEIR OWN COOKING!!
PAKISTAN, NOT IRAN, NEXT BUSH INVASION TARGET!!
IT APPEARS THAT THE US WILL BE "TRAINING" PAKISTANI TROOPS .... WHETHER THEY WANT TO BE TRAINED OR NOT...
MUSHY HAS SAID HE'S COOL WITH OSAMA IN THE TRIBAL TERRITORIES...AND HE'S NOT GOING AFTER HIM...
NOW THIS...
SOUNDS LIKE PAKISTAN IS GOING TO BE "LIBERATED" OF EXTREMISTS...WHETHER THEY LIKE IT OR NOT...!
PAKISTAN IS BUSH'S NEXT INVASION TARGET!! NOT IRAN...
WILL MUSHY GO ALONG TO GET ALONE... OR WILL HE BECOME ANOTHER ROGUE "CIA PUPPET" LIKE SADDAM...?
MUSHY SHOULD REMEMBER THAT THE WAR CRIMINAL BUSH IS STILL THE PUPPET MASTER...AT LEAST FOR THE NEXT YEAR...
MUSHY HAS SAID HE'S COOL WITH OSAMA IN THE TRIBAL TERRITORIES...AND HE'S NOT GOING AFTER HIM...
NOW THIS...
SOUNDS LIKE PAKISTAN IS GOING TO BE "LIBERATED" OF EXTREMISTS...WHETHER THEY LIKE IT OR NOT...!
PAKISTAN IS BUSH'S NEXT INVASION TARGET!! NOT IRAN...
WILL MUSHY GO ALONG TO GET ALONE... OR WILL HE BECOME ANOTHER ROGUE "CIA PUPPET" LIKE SADDAM...?
MUSHY SHOULD REMEMBER THAT THE WAR CRIMINAL BUSH IS STILL THE PUPPET MASTER...AT LEAST FOR THE NEXT YEAR...
Wednesday, January 23, 2008
THE STREET DEMANDS MORE RATE CUTS FROM THE FED!!
AND IF THE CABANA BOY, BERNANKE, DOESN'T COME ACROSS WITH THE GOODS... THE STREET HAS PROMISED TO CRASH...
DOES ANYONE THINK THIS IS ANY WAY TO RUN AN ECONOMY OR A COUNTRY FOR THAT MATTER...?
PLEASE, WHEN DOES THE BULLSHIT END!!
I MEAN GIVE IT UP ALREADY.... THE STREET WON'T BE SATISFIED UNTIL THE FED IS SHOVELING MONEY OUT THE DOOR!!
THE GREED IS GOOD MANIACS ARE OUT OF CONTROL...AND THE FED IS SCARED SHITLESS TO CHALLENGE THEM!!
WHEN DO WE PUT THE GROWN-UPS BACK IN CHARGE OF THE ECONOMY!!
DOES ANYONE THINK THIS IS ANY WAY TO RUN AN ECONOMY OR A COUNTRY FOR THAT MATTER...?
PLEASE, WHEN DOES THE BULLSHIT END!!
I MEAN GIVE IT UP ALREADY.... THE STREET WON'T BE SATISFIED UNTIL THE FED IS SHOVELING MONEY OUT THE DOOR!!
THE GREED IS GOOD MANIACS ARE OUT OF CONTROL...AND THE FED IS SCARED SHITLESS TO CHALLENGE THEM!!
WHEN DO WE PUT THE GROWN-UPS BACK IN CHARGE OF THE ECONOMY!!
LESSONS FOR AVERAGE INVESTOR? DUMP NOW!
THE PUNDITS ARE PRAISING THE PUBLIC FOR "STICKING WITH" THE MARKET DURING THE RECENT DECLINE...
BUT THEY WERE TOUTING THE SAME LINE DURING THE INTERNET BUBBLE...
THE FACT IS THAT THE STREET NEEDS THE AVERAGE SUCKER TO STAY IN AS LONG AS POSSIBLE...TO SUPPORT THE UNDERLYING SPECULATIVE GAMES....
THE SAD TRUTH IS THAT IF GAMBLING ON STOCKS WERE SUCH A "SURE THING" THAT FACT WOULD HAVE MADE IT INTO OUR COMMON "FOLK LORE"...A LONG TIME AGO...
AND WITHOUT THE BROKERAGE TOUTS AND TV SHILLS CONSTANTLY HAMMERING THIS IDEA INTO THE PUBLIC MINDSET...!
THE TRUTH IS THAT MARKET SPECULATION HAS ALWAYS BEEN RIGHT UP THEIR WITH ALCHOHOL USE, AND ADULTRY, IN THE PANTHEON OF "EVILS" FOR THE "AVERAGE JOE....?" THE TALES OF WOE AND RUIN FAR EXCEED THOSE LUCKY FEW WHO MAY HAVE "WON THE LOTTERY".... BUT THE LOTTERY FOLKS LIKE TO SHOW ORDINARY PEOPLE THE "WINNERS" NOT THE LOSERS!!
SO HOW DID THE COMMON FOLK MISS THE MARVELS OF FINANCIAL SPECULATION OVER THE AGES...?
WITH THE STREET TOUTS DISCOVERING THIS "TRUISM" THAT NO ONE HAS EVER HEARD OF...UNTIL RECENTLY?
WELL, BECAUSE THE STOCK MARKET IS NOT THERE TO MAKE THE LITTLE GUY RICH...
AND THIS CONSTANT BULLSHIT FROM WALL STREET AND WASHINGTON IS PROMOTING FALSE NOTIONS THAT WILL EVENTUALLY LEAD TO SOCIAL AND POLITICAL COLLAPSE IN THE US... AND AREN'T WE HALF WAY THERE ALREADY BECAUSE OF WALL STREET?
MY ADVISE TO THE LITTLE GUY...
DUMP YOUR CRAP NOW WHILE THE FED SHILLS AND PLUNGE PROTECTION ARE STILL BUYING...BECAUSE THIS THING IS GOING TO END BADLY...
IT ALWAYS DOES...AND THAT IS AN HISTORICAL "TRUISM" THAT YOU CAN BANK ON...
BUT THEY WERE TOUTING THE SAME LINE DURING THE INTERNET BUBBLE...
THE FACT IS THAT THE STREET NEEDS THE AVERAGE SUCKER TO STAY IN AS LONG AS POSSIBLE...TO SUPPORT THE UNDERLYING SPECULATIVE GAMES....
THE SAD TRUTH IS THAT IF GAMBLING ON STOCKS WERE SUCH A "SURE THING" THAT FACT WOULD HAVE MADE IT INTO OUR COMMON "FOLK LORE"...A LONG TIME AGO...
AND WITHOUT THE BROKERAGE TOUTS AND TV SHILLS CONSTANTLY HAMMERING THIS IDEA INTO THE PUBLIC MINDSET...!
THE TRUTH IS THAT MARKET SPECULATION HAS ALWAYS BEEN RIGHT UP THEIR WITH ALCHOHOL USE, AND ADULTRY, IN THE PANTHEON OF "EVILS" FOR THE "AVERAGE JOE....?" THE TALES OF WOE AND RUIN FAR EXCEED THOSE LUCKY FEW WHO MAY HAVE "WON THE LOTTERY".... BUT THE LOTTERY FOLKS LIKE TO SHOW ORDINARY PEOPLE THE "WINNERS" NOT THE LOSERS!!
SO HOW DID THE COMMON FOLK MISS THE MARVELS OF FINANCIAL SPECULATION OVER THE AGES...?
WITH THE STREET TOUTS DISCOVERING THIS "TRUISM" THAT NO ONE HAS EVER HEARD OF...UNTIL RECENTLY?
WELL, BECAUSE THE STOCK MARKET IS NOT THERE TO MAKE THE LITTLE GUY RICH...
AND THIS CONSTANT BULLSHIT FROM WALL STREET AND WASHINGTON IS PROMOTING FALSE NOTIONS THAT WILL EVENTUALLY LEAD TO SOCIAL AND POLITICAL COLLAPSE IN THE US... AND AREN'T WE HALF WAY THERE ALREADY BECAUSE OF WALL STREET?
MY ADVISE TO THE LITTLE GUY...
DUMP YOUR CRAP NOW WHILE THE FED SHILLS AND PLUNGE PROTECTION ARE STILL BUYING...BECAUSE THIS THING IS GOING TO END BADLY...
IT ALWAYS DOES...AND THAT IS AN HISTORICAL "TRUISM" THAT YOU CAN BANK ON...
BANK STOCK RALLY LOOKS FAKE...
WAS THE RUMORED BAILOUT OF THE BOND INSURERS THE SOLE REASON...CERTAINLY ANY GOOD NEWS IN THE FINANCIAL SECTOR WOULD BE A BOOST...
BUT IS THE RUMOR TRUE...? AND HOW DOES IT EFFECT THE MARKET DYNAMICS...? YOU SIMPLY CAN NOT TRUST THESE PEOPLE...!
WHO IS BANKROLLING THIS BAILOUT...CHINA...?
WHO ELSE HAS THE CASH...? OR IS THIS JUST MORE BULLSHIT FROM THE STREET...
BUT IS THE RUMOR TRUE...? AND HOW DOES IT EFFECT THE MARKET DYNAMICS...? YOU SIMPLY CAN NOT TRUST THESE PEOPLE...!
WHO IS BANKROLLING THIS BAILOUT...CHINA...?
WHO ELSE HAS THE CASH...? OR IS THIS JUST MORE BULLSHIT FROM THE STREET...
MARKET TELLS FED...50 BP OR ELSE!!
THE FED IS BEING BOXED IN BY THE MARKET... IT'S EITHER 50 BP NEXT WEEK OR ELSE THE MARKET CRASHES...ACCORDING TO THE RECEIVED WISDOM...
BUT IS THE FED THE SLAVE OF THE MARKETS... APPARENTLY...
SO THE NEXT SHOE TO FALL SHOULD BE WITH THE DOLLAR, OIL AND GOLD...THOSE ARE REALLY THE CANARIES IN THE MINESHAFT...
SOONER OR LATER PLUNGE PROTECTION WILL NOT BE ABLE TO CONTROL THE DOLLAR, OIL AND GOLD AS THEY DO NOW...
AND AT SOME POINT THE CHINESE NEED TO DECIDE WHAT THEIR BULLSHIT TOLERANCE LEVEL IS...
IT'S BEEN HUGE SO FAR...
GOLD AND OIL WERE BOTH DOWN A BIT BUT ON A DAY AS FREAKISH AS THIS IT'S IMPOSSIBLE TO SEE ANY TREND....
BUT IS THE FED THE SLAVE OF THE MARKETS... APPARENTLY...
SO THE NEXT SHOE TO FALL SHOULD BE WITH THE DOLLAR, OIL AND GOLD...THOSE ARE REALLY THE CANARIES IN THE MINESHAFT...
SOONER OR LATER PLUNGE PROTECTION WILL NOT BE ABLE TO CONTROL THE DOLLAR, OIL AND GOLD AS THEY DO NOW...
AND AT SOME POINT THE CHINESE NEED TO DECIDE WHAT THEIR BULLSHIT TOLERANCE LEVEL IS...
IT'S BEEN HUGE SO FAR...
GOLD AND OIL WERE BOTH DOWN A BIT BUT ON A DAY AS FREAKISH AS THIS IT'S IMPOSSIBLE TO SEE ANY TREND....
MASSIVE VOLUME ON STREET...
THE 3.6 BILLION VOLUME NUMBER IS HUGE...
SO EITHER IT TOOK A LOT OF BUYING TO GET THE SUPPLY SOPPED UP...
OR THE SHORT COVERING WAS MASSIVE AND SUCKED THE AIR OUT OF THE MARKET AFTER 3PM...
SHORT COVERING IS SUSPECTED AS THE MAIN FACTOR...
TODAY SHOULD BE IGNORED AS AN ANOMALY...
THE REAL QUESTION IS DOES CHINA KEEP SENDING MONEY... OR DO THEY PULL BACK...
SO EITHER IT TOOK A LOT OF BUYING TO GET THE SUPPLY SOPPED UP...
OR THE SHORT COVERING WAS MASSIVE AND SUCKED THE AIR OUT OF THE MARKET AFTER 3PM...
SHORT COVERING IS SUSPECTED AS THE MAIN FACTOR...
TODAY SHOULD BE IGNORED AS AN ANOMALY...
THE REAL QUESTION IS DOES CHINA KEEP SENDING MONEY... OR DO THEY PULL BACK...
WHO BOUGHT THE FAKE RALLY...?
WELL WHO CARES...THEY OWN IT NOW...!
GOOD LUCK... THIS KIND OF FREAKY ACTION DOES NOT SEEM LIKE THE START OF A TREND...MORE LIKE SOME INTERVENTION BY PLUNGE PROTECTION TO SHUT THE MOUTHS OF THE FED CRITICS... SOME SHORT COVERING...AND SQUEEZING TO BE SURE...
AND SOME TECHNICAL FACTORS INVOLVING AN OVERSOLD MARKET....
GOOD LUCK... THIS KIND OF FREAKY ACTION DOES NOT SEEM LIKE THE START OF A TREND...MORE LIKE SOME INTERVENTION BY PLUNGE PROTECTION TO SHUT THE MOUTHS OF THE FED CRITICS... SOME SHORT COVERING...AND SQUEEZING TO BE SURE...
AND SOME TECHNICAL FACTORS INVOLVING AN OVERSOLD MARKET....
FRRRRREAKY!!!
NOW THAT'S PLUNGE PROTECTION...!! KICKIN MOFO ASS!!!
SOMEONE DUMPED A WAD TO PULL BERNANKE'S BALLS OUT OF THE FIRE TODAY!!
BUT HEY, LET'S FACE IT...A 200 POINT DOWN DAY TODAY WOULD HAVE BEEN TOTALLY UNACCEPTABLE!!
THE FED WOULD HAVE BEEN DESTROYED... TOTALLY DISCREDITED...
SOMETHING HAD TO BE DONE BEFORE THE CLOSE... AND A LITTLE SHORT COVERING WAS PROBABLY THE TURBO CHARGE BEHIND THE PLUNGE PROTECTION PUSH...
CAN THEY DO IT AGAIN...TOMORROW AND THE NEXT DAY...?
LET'S HOPE SO...!
'CAUSE THE SHIT JUST KEEPS ON PILING UP ABOUT THE ECONOMY AND THE BANKS!
SOMEONE DUMPED A WAD TO PULL BERNANKE'S BALLS OUT OF THE FIRE TODAY!!
BUT HEY, LET'S FACE IT...A 200 POINT DOWN DAY TODAY WOULD HAVE BEEN TOTALLY UNACCEPTABLE!!
THE FED WOULD HAVE BEEN DESTROYED... TOTALLY DISCREDITED...
SOMETHING HAD TO BE DONE BEFORE THE CLOSE... AND A LITTLE SHORT COVERING WAS PROBABLY THE TURBO CHARGE BEHIND THE PLUNGE PROTECTION PUSH...
CAN THEY DO IT AGAIN...TOMORROW AND THE NEXT DAY...?
LET'S HOPE SO...!
'CAUSE THE SHIT JUST KEEPS ON PILING UP ABOUT THE ECONOMY AND THE BANKS!
DEATH OF AMERICAN MIDDLE CLASS!
IS IT FINALLY HAPPENING...?
AFTER ALL OF THE FALSE ALARMS...ALL OF THE BUBBLES...ALL OF THE DEBT...ALL OF THE LAY OFFS...ALL OF THE LOOTING BY WALL STREET AND LYING BY WASHINGTON...
WE KNEW IT WOULD HAPPEN...SOONER OR LATER.
WE WERE SUPPOSED TO BOW TO THE NEW CHINESE MIDDLE CLASS WHO WOULD REPLACE US...AND JUST GO QUIETLY TO THE GAS CHAMBERS... PLEASE DON'T MAKE A FUSS...IT RUINS MY DAY!
BUT IS THIS THE BIG ONE...THE LAST GASP! THE FINAL DEATH RATTLE OF THE NOW EXTINCT AMERICAN MIDDLE CLASS...
THE LAST DINOSAUR OF POST WAR 2OTH CENTURY AMERICA IS NOW DEAD...!
AFTER ALL OF THE FALSE ALARMS...ALL OF THE BUBBLES...ALL OF THE DEBT...ALL OF THE LAY OFFS...ALL OF THE LOOTING BY WALL STREET AND LYING BY WASHINGTON...
WE KNEW IT WOULD HAPPEN...SOONER OR LATER.
WE WERE SUPPOSED TO BOW TO THE NEW CHINESE MIDDLE CLASS WHO WOULD REPLACE US...AND JUST GO QUIETLY TO THE GAS CHAMBERS... PLEASE DON'T MAKE A FUSS...IT RUINS MY DAY!
BUT IS THIS THE BIG ONE...THE LAST GASP! THE FINAL DEATH RATTLE OF THE NOW EXTINCT AMERICAN MIDDLE CLASS...
THE LAST DINOSAUR OF POST WAR 2OTH CENTURY AMERICA IS NOW DEAD...!
BERNANKE'S HAIL MARY FLOPS!!
WHEN GUYS LIKE BERNANKE START RELYING ON "HAIL MARY'S" YOU KNOW WE'RE IN DEEP TROUBLE!
NOW, BEN WILL BE SAYING TEN "OUR FATHER'S" AND AN ACT OF CONTRITION!
WHAT WALL STREET REALLY NEEDS IS A CONFESSION OF WHAT IT' S BEEN UP TO FOR 20 YEARS.... WHEN THE US ECONOMY WAS LOOTED TO THE BONE...!
NOW, BEN WILL BE SAYING TEN "OUR FATHER'S" AND AN ACT OF CONTRITION!
WHAT WALL STREET REALLY NEEDS IS A CONFESSION OF WHAT IT' S BEEN UP TO FOR 20 YEARS.... WHEN THE US ECONOMY WAS LOOTED TO THE BONE...!
FORTUNE ON GLOBAL RECESSION.
ALWAYS NICE TO SEE A "RATIONAL" IF RATHER DULL ANALYSIS OF THE SITUATION.
BUT THE WRITER OF THIS ARTICLE STILL REFUSES TO ABANDON THE NOTION THAT GLOBALIZATION ITSELF MAY BE THE PROBLEM...
IS GLOBALIZATION A "WONDERFUL THING" FOR THE AMERICAN ECONOMY...? I DON'T THINK SO...
BECAUSE, IF IT WERE SO WONDERFUL WHY ARE WE AN ECONOMIC BASKET CASE?
NO ONE EVER TACKLES THAT LITTLE CHESTNUT...
THEY ALWAYS STICK TO THE MANTRAS...AND WAIT FOR A COMMERCIAL BREAK, THEN, CHANGE THE SUBJECT. AND THAT WORRIES ME.... YOU DON'T "WIN" DEBATES BY CHANTING MANTRAS, RUNNING OUT THE CLOCK AND THEN CHANGING THE SUBJECT...!
GLOBALIZATION COULD BE AN "UNSOLVABLE" PROBLEM...
ESPECIALLY IF WE REALLY NEVER DISCUSS IT IN DETAIL...
AND WHY ARE WE NOT DISCUSSING IT IN DETAIL...EVEN NOW!
THEN WHAT?
WELL I GUESS THEN BERNANKE CUTS BY ANOTHER 75 BASIS POINT!
WE ARE SO SCREWED!!
BUT THE WRITER OF THIS ARTICLE STILL REFUSES TO ABANDON THE NOTION THAT GLOBALIZATION ITSELF MAY BE THE PROBLEM...
IS GLOBALIZATION A "WONDERFUL THING" FOR THE AMERICAN ECONOMY...? I DON'T THINK SO...
BECAUSE, IF IT WERE SO WONDERFUL WHY ARE WE AN ECONOMIC BASKET CASE?
NO ONE EVER TACKLES THAT LITTLE CHESTNUT...
THEY ALWAYS STICK TO THE MANTRAS...AND WAIT FOR A COMMERCIAL BREAK, THEN, CHANGE THE SUBJECT. AND THAT WORRIES ME.... YOU DON'T "WIN" DEBATES BY CHANTING MANTRAS, RUNNING OUT THE CLOCK AND THEN CHANGING THE SUBJECT...!
GLOBALIZATION COULD BE AN "UNSOLVABLE" PROBLEM...
ESPECIALLY IF WE REALLY NEVER DISCUSS IT IN DETAIL...
AND WHY ARE WE NOT DISCUSSING IT IN DETAIL...EVEN NOW!
THEN WHAT?
WELL I GUESS THEN BERNANKE CUTS BY ANOTHER 75 BASIS POINT!
WE ARE SO SCREWED!!
REALITY COMES TO WALL STREET...
REALITY HAS COME TO WALL STREET ....NOT ON LITTLE CAT'S FEET...BUT LIKE GODZILLA POPPING OUT OF THE OCEAN!
NOW COME THE MONSTERS... EVERYTHING WILL BE ON THE TABLE. FUNDAMENTAL DOCTRINE WILL BE QUESTIONED...
DOES IT ALWAYS GO UP...? PERHAPS NOT... PERHAPS IT NEVER REALLY GOES UP...IT JUST INFLATES WITH THE DEVALUED CURRENCY.
WHERE THE "CORPORATE PROFITS" REALLY FROM CORE BUSINESS ACTIVITY OR WAS MOST OF IT JUST TRADING GAINS ON THE EXCHANGE OF "BUBBLE PAPER" FROM THE GREENSPAN DAZE...?
HOW MUCH OF IT WAS JUST FAKED ACCOUNTING...A LOT MORE THAN WE KNOW NOW I WOULD BET...
AFTER ALL, STOCK PRICES ARE TOO IMPORTANT TO BE LEFT TO THE BEAN COUNTERS!! THERE WAS REAL MONEY TO BE LOOTED HERE BY THE CULT OF THE CEO...AND A FEW GEEKS IN ACCOUNTING WERE NOT GOING TO STAND IN THE WAY OF "PROGRESS."
BACK IN 1720 THE COLLAPSE OF THE GREAT SOUTH SEAS BUBBLE DISCREDITED CORPORATIONS FOR 200 YEARS...!
THIS COULD BE A REPLAY OF THAT PRIOR BUBBLE DAZE...
NOW COME THE MONSTERS... EVERYTHING WILL BE ON THE TABLE. FUNDAMENTAL DOCTRINE WILL BE QUESTIONED...
DOES IT ALWAYS GO UP...? PERHAPS NOT... PERHAPS IT NEVER REALLY GOES UP...IT JUST INFLATES WITH THE DEVALUED CURRENCY.
WHERE THE "CORPORATE PROFITS" REALLY FROM CORE BUSINESS ACTIVITY OR WAS MOST OF IT JUST TRADING GAINS ON THE EXCHANGE OF "BUBBLE PAPER" FROM THE GREENSPAN DAZE...?
HOW MUCH OF IT WAS JUST FAKED ACCOUNTING...A LOT MORE THAN WE KNOW NOW I WOULD BET...
AFTER ALL, STOCK PRICES ARE TOO IMPORTANT TO BE LEFT TO THE BEAN COUNTERS!! THERE WAS REAL MONEY TO BE LOOTED HERE BY THE CULT OF THE CEO...AND A FEW GEEKS IN ACCOUNTING WERE NOT GOING TO STAND IN THE WAY OF "PROGRESS."
BACK IN 1720 THE COLLAPSE OF THE GREAT SOUTH SEAS BUBBLE DISCREDITED CORPORATIONS FOR 200 YEARS...!
THIS COULD BE A REPLAY OF THAT PRIOR BUBBLE DAZE...
EUROLAND BACK IN THE RED...
EUROLAND TRADERS WERE SINGING FROM THE 1990'S SONG BOOK YESTERDAY...
STOCKS IN EUROPE SOARED ON THE FED RATE CUT...ALA THE DIPPY, BUY THE DIP, 1990'S... BUT HEY, THESE EUROLANDERS STILL THINK JERRY LEWIS IS "FUNNY!"
TODAY, IT'S BACK IN THE SOUP...
ASIAN GAINS WILL BE SHORT LIVED...AND WERE PROBABLY MORE TECHNICAL THAN AN EPIPHANY THAT THE US HAS BROKEN OUT OF IT'S STRUCTURAL FUNK...
IN TRUTH THE STRUCTURAL PROBLEMS OF THE US ECONOMY VIS-A-VIS THE WORLD ARE WORSE NOW THAN EVER...
BUT STRUCTURAL PROBLEMS NEED STRUCTURAL (IE TRADE POLICY) SOLUTIONS...
NOT ONE TIME GIMMICKS AND BIZZARE STUNTS...LIKE BERNANKE'S SHOCKER YESTERDAY....
WASHINGTON AND WALL STREET ARE SIMPLY NOT READY FOR REALITY YET...
THAT WILL REQUIRE A NEW ADMINISTRATION AND A NEW CONGRESS...AND THAT WON'T HAPPEN UNTIL 2009.
BASICALLY 2008 WILL BE A YEAR OF DRIFT AND CONFUSION IN THE GLOBAL MARKETS...
WITH NOTHING DONE TIL 2009... BUT EVEN IN 2009 THE VIEW COULD BE BAD...BECAUSE WHAT NEEDS TO BE DONE IS A TOTAL RE-WRITE OF THE GLOBAL ECONOMIC DIALOGUE AND THAT WILL BE PAINFUL AS A "NEW REALITY" AND A NEW PARADIGM ALWAYS IS...
STOCKS IN EUROPE SOARED ON THE FED RATE CUT...ALA THE DIPPY, BUY THE DIP, 1990'S... BUT HEY, THESE EUROLANDERS STILL THINK JERRY LEWIS IS "FUNNY!"
TODAY, IT'S BACK IN THE SOUP...
ASIAN GAINS WILL BE SHORT LIVED...AND WERE PROBABLY MORE TECHNICAL THAN AN EPIPHANY THAT THE US HAS BROKEN OUT OF IT'S STRUCTURAL FUNK...
IN TRUTH THE STRUCTURAL PROBLEMS OF THE US ECONOMY VIS-A-VIS THE WORLD ARE WORSE NOW THAN EVER...
BUT STRUCTURAL PROBLEMS NEED STRUCTURAL (IE TRADE POLICY) SOLUTIONS...
NOT ONE TIME GIMMICKS AND BIZZARE STUNTS...LIKE BERNANKE'S SHOCKER YESTERDAY....
WASHINGTON AND WALL STREET ARE SIMPLY NOT READY FOR REALITY YET...
THAT WILL REQUIRE A NEW ADMINISTRATION AND A NEW CONGRESS...AND THAT WON'T HAPPEN UNTIL 2009.
BASICALLY 2008 WILL BE A YEAR OF DRIFT AND CONFUSION IN THE GLOBAL MARKETS...
WITH NOTHING DONE TIL 2009... BUT EVEN IN 2009 THE VIEW COULD BE BAD...BECAUSE WHAT NEEDS TO BE DONE IS A TOTAL RE-WRITE OF THE GLOBAL ECONOMIC DIALOGUE AND THAT WILL BE PAINFUL AS A "NEW REALITY" AND A NEW PARADIGM ALWAYS IS...
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