Saturday, January 5, 2008

MASSIVE SERVICE SECTOR HIRING IGNORED BY THE STREET!!

LOOK AT THE SERVICE SECTOR HIRING NUMBERS...THEY ARE HUGE!!

YET, THE EMPLOYMENT REPORT WAS CALLED "WEAK" ...BECAUSE OF THE COLLAPSE OF THE CONSTURCTION AND MANUFACTURING SECTORS WHICH ARE AREAS THE US HAS BEEN WEAK IN FOR SOME TIME...

THE UTTER AND TOTAL COLLAPSE OF THE AMERICAN "FACTORY SYSTEM" SEEMS TO BE FINALLY KICKING IN...

BUT THAT REQUIRES NOT MORE LIQUIDITY BEING PUMPED INTO WALL STREET...!


RATHER A REVIEW OF OUR DISASTEROUS FREE TRADE POLICIES WITH ASIA, WHICH HAVE DECIMATED THE AMERICAN PRODUCTIVE ECONOMY...

YET ALL THE FED WILL DO IS LOWER RATES...! WEAKEN THE DOLLAR...AND WONDER WHY OIL IS GOING UP!!

LOOK AT TRADE AS THE PROBLEM...! NOT RATES!


NOT LIQUIDITY ON WALL STREET...

WALL STREET WAS AWASH WITH LIQUIDITY...AND THAT'S WHAT CAUSED THE BUBBLES IN THE FIRST PLACE...

WORSE, THE BUBBLES WHERE CAUSED TO DISTRACT AMERICANS FROM THE DELIBERATE "DE-INDUSTRIALIZATION" OF THEIR NATION AND IT'S ECONOMY...BY THE INTERANATIONAL CAPITAL/WALL STREET GREEDMONGERS...

AND NOW, ALAS, THAT DIMAL JOB IS NEARLY COMPLETE...! DEAL WITH IT.