TO STOP NOW WOULD BE UNTHINKABLE...
IT WOULD BE IMPOSSIBLE RESTART THE CYCLE WITHOUT APPEARING TO FLIP FLOP ON THE ECONOMY...
A CUT NOW WOULD NOT BE SEEN AS A MISTAKE LATER...
TO STOP NOW COULD OPEN A PANDORA'S BOX OF CRITICISM LATER THIS YEAR.
Wednesday, April 30, 2008
FED AVOIDS RECESSION WITH THE "INFLATION CURE."
IN A BUBBLE ECONOMY INFLATON IS GOOD...ESPECIALLY IN OUR BELOVED "ASSETS"...
AND OF COURSE RECESSION IS BAD...BECAUSE IT PROVES THAT OVEREXPANSION WAS HAPPENING...
AND OF COURSE TO THE "BUBBLIST" OVEREXPANSION CAN NEVER HAPPEN...OR EVEN BE CONSIDERED.
THE FED PRINTED MONEY FOR THE ENTIRE WORLD IN THE 1990S UNDER THE DOCTRINE OF FREE TRADE AND GLOBALISM. AND NOW SOME OF THAT MONEY IS LEAKING INTO COMMODITIES...AS THE OVEREXPANSION OF , SAY HOUSING, BECOMES MORE OBVIOUS...
SO MY QUESTION IS THAT IF THE FED CONTINUES TO PRINT MONEY...HOW CAN THEY EXPECT IT TO GO INTO THE OVER EXPANDED HOUSING MARKET...WHEN THE COMMODITIES MARKET IS THE MORE OBVIOUS AND PROFITABLE SPECULATION...?
AND OF COURSE RECESSION IS BAD...BECAUSE IT PROVES THAT OVEREXPANSION WAS HAPPENING...
AND OF COURSE TO THE "BUBBLIST" OVEREXPANSION CAN NEVER HAPPEN...OR EVEN BE CONSIDERED.
THE FED PRINTED MONEY FOR THE ENTIRE WORLD IN THE 1990S UNDER THE DOCTRINE OF FREE TRADE AND GLOBALISM. AND NOW SOME OF THAT MONEY IS LEAKING INTO COMMODITIES...AS THE OVEREXPANSION OF , SAY HOUSING, BECOMES MORE OBVIOUS...
SO MY QUESTION IS THAT IF THE FED CONTINUES TO PRINT MONEY...HOW CAN THEY EXPECT IT TO GO INTO THE OVER EXPANDED HOUSING MARKET...WHEN THE COMMODITIES MARKET IS THE MORE OBVIOUS AND PROFITABLE SPECULATION...?
Tuesday, April 29, 2008
DON'T BELIEVE MC CAIN'S HEALTH CARE BULLSHIT
THIS GUY IS DESPERATE TO CHIME IN ON SOMETHING HE HAS NEVER EVEN TALKED ABOUT BEFORE...
HIS CREDIBILITY IS AT ABSOLUTE ZERO!!
SUDDENLY... THE REPUBLICANS NOW HAVE A "HEALTH CARE PLAN?"
BULLSHIT!! TOTAL BULLSHIT...!!
REPUBLICANS SHOULD STICK WITH JESUS...AND THE OTHER REPUBLICAN BULLSHIT ISSUES THAT THEY KNOW WORK WITH THE STUPID BUBBA CLASS...
HEALTH CARE IS A DEMOCRATIC ISSUE...
HIS CREDIBILITY IS AT ABSOLUTE ZERO!!
SUDDENLY... THE REPUBLICANS NOW HAVE A "HEALTH CARE PLAN?"
BULLSHIT!! TOTAL BULLSHIT...!!
REPUBLICANS SHOULD STICK WITH JESUS...AND THE OTHER REPUBLICAN BULLSHIT ISSUES THAT THEY KNOW WORK WITH THE STUPID BUBBA CLASS...
HEALTH CARE IS A DEMOCRATIC ISSUE...
FED MEETING LOOMS...CRAP ABOUNDS IN MEDIA
OH PLEASSSSE...!
JUST STOPPING THE RATE CUTS WILL NOT "SAVE THE DOLLAR."
IT'S NOT THAT SIMPLE...
JUST STOPPING THE RATE CUTS WILL NOT "SAVE THE DOLLAR."
IT'S NOT THAT SIMPLE...
PREDICTION: THE FED STATEMENT WILL BE "TOO CUTE" BY HALF!
THERE WILL BE A BRIEF RALLY...AND THEN A PLUNGE...
DOW DOWN ABOUT 100+ POINTS AT THE END OF THE DAZE...
AND REMEMBER THIS IS A DOW THAT IS WAY WAY OVERBOUGHT... AND OVER EXTENDED...
THE MARKET MASTERS ARE LOOKING FOR A REASON TO SELL...
DOW DOWN ABOUT 100+ POINTS AT THE END OF THE DAZE...
AND REMEMBER THIS IS A DOW THAT IS WAY WAY OVERBOUGHT... AND OVER EXTENDED...
THE MARKET MASTERS ARE LOOKING FOR A REASON TO SELL...
IF FED GOES AFTER OIL...STOCKS WILL PLUNGE!!
HEY, IT'S A CATCH-22 ...THERE IS NO WAY AROUND IT...
IF THE FED TRIES TO SAVE THE DOLLAR NOW...BY STOPPING THE CUTS. THEY WILL TRASH THE DOW...
AT MOST THEY MIGHT GENERATE A COUPLE OF HOURS OF CONFUSION BUT THE REALITIES WILL SINK IN VERY QUICKLY...
MY ADVISE WOULD BE TO KEEP ON CUTTING RATES...TO BOOST STOCKS...THIS WILL HELP THE DOLLAR LONG TERM...
WE HAVE A BUBBLE ECONOMY HERE..GET USED TO IT.
NOW THE SHILLS ARE LOOKING FOR A TRIFECTA HERE...BUT THEY AIN'T GONNA GET IT...
YOU SIMPLY CAN NOT TRASH OIL...BOOST THE DOLLAR...AND RALLY STOCKS ALL IN THE SAME FED STATEMENT...
MY HUNCH IS THAT THEY STAND PAT...BECAUSE THEY ARE SCARED SHITLESS ABOUT OIL AND GAS...
BUT THEY WILL SMOOZE THE MARKETS WITH MORE BULLSHIT ...ABOUT "CUTTING AS NEEDED" IN THE FUTURE...
THERE IS NO WAY AROUND THE REALITY OF THE SITUATION...
THE DOLLAR IS TRASHED...INFLATION IS SOARING...
THIS IS THE 1970'S ON STEROIDS!!
BUT THIS FED IS THE MASTER OF BULLSHIT... BECAUSE THAT'S ALL THEY HAVE TO WORK WITH NOW ...!!
IF THE FED TRIES TO SAVE THE DOLLAR NOW...BY STOPPING THE CUTS. THEY WILL TRASH THE DOW...
AT MOST THEY MIGHT GENERATE A COUPLE OF HOURS OF CONFUSION BUT THE REALITIES WILL SINK IN VERY QUICKLY...
MY ADVISE WOULD BE TO KEEP ON CUTTING RATES...TO BOOST STOCKS...THIS WILL HELP THE DOLLAR LONG TERM...
WE HAVE A BUBBLE ECONOMY HERE..GET USED TO IT.
NOW THE SHILLS ARE LOOKING FOR A TRIFECTA HERE...BUT THEY AIN'T GONNA GET IT...
YOU SIMPLY CAN NOT TRASH OIL...BOOST THE DOLLAR...AND RALLY STOCKS ALL IN THE SAME FED STATEMENT...
MY HUNCH IS THAT THEY STAND PAT...BECAUSE THEY ARE SCARED SHITLESS ABOUT OIL AND GAS...
BUT THEY WILL SMOOZE THE MARKETS WITH MORE BULLSHIT ...ABOUT "CUTTING AS NEEDED" IN THE FUTURE...
THERE IS NO WAY AROUND THE REALITY OF THE SITUATION...
THE DOLLAR IS TRASHED...INFLATION IS SOARING...
THIS IS THE 1970'S ON STEROIDS!!
BUT THIS FED IS THE MASTER OF BULLSHIT... BECAUSE THAT'S ALL THEY HAVE TO WORK WITH NOW ...!!
DOLLAR TOUTS PANTING...
SO IF BERNANKE JUST QUITS FUCKING THE DOLLAR...IT WILL GO UP AND OIL WILL FALL...?
Hmmmm....? CHRIST, WHERE DO THEY GET THIS STUFF...!
CONSIDER:
THERE IS THE UNFUNDED WAR...THE TAX CUTS FOR THE RICH...THE BUDGET DEFICITS...THE NOW STRUCTURAL TRADE DEFICIT...
BUT IF THE B-MAN JUST LETS THE DOLLAR SIT UP FOR A MINUTE, AND CATCH IT'S BREATH...
ALL WILL BE FORGIVEN...? I DON'T THINK SO...
WELL ANYWAY...THEY ARE CHURNING THAT STORY LINE TODAY IN THE COMMODITIES MARKET!
BUT IF IT STAYS FRESH LONGER THAN THE POT OF BAD COFFEE IN THE OFFICE LUNCH ROOM ...I'D BE SURPRISED!!
Hmmmm....? CHRIST, WHERE DO THEY GET THIS STUFF...!
CONSIDER:
THERE IS THE UNFUNDED WAR...THE TAX CUTS FOR THE RICH...THE BUDGET DEFICITS...THE NOW STRUCTURAL TRADE DEFICIT...
BUT IF THE B-MAN JUST LETS THE DOLLAR SIT UP FOR A MINUTE, AND CATCH IT'S BREATH...
ALL WILL BE FORGIVEN...? I DON'T THINK SO...
WELL ANYWAY...THEY ARE CHURNING THAT STORY LINE TODAY IN THE COMMODITIES MARKET!
BUT IF IT STAYS FRESH LONGER THAN THE POT OF BAD COFFEE IN THE OFFICE LUNCH ROOM ...I'D BE SURPRISED!!
NICE GOLD AND OIL BASH...PROBABLY FOR THE FED MEETING
THEY GOT IT COVERED FOLKS...
RELAX! DON'T SELL IN MAY...!
BUT DO GO AWAY... NOTHING BAD IS GOING TO HAPPEN.
THE FED AND WALL STREET'S MARKET MASTERS OWN THIS MARKET!
BUT YOU KNOW... THAT MAY JUST BE THE PROBLEM LONGER TERM...
BUT NOT THIS SUMMER... SO JUST FUGGITABOTIT!!
RELAX! DON'T SELL IN MAY...!
BUT DO GO AWAY... NOTHING BAD IS GOING TO HAPPEN.
THE FED AND WALL STREET'S MARKET MASTERS OWN THIS MARKET!
BUT YOU KNOW... THAT MAY JUST BE THE PROBLEM LONGER TERM...
BUT NOT THIS SUMMER... SO JUST FUGGITABOTIT!!
TRIBECA FILM FESTIVAL ON YOU TUBE
SOME OF YOU SKINNY WHITE WINE DRINKING BOOK READERS MIGHT BE INTERESTED IN THIS LINK...WHILE HAVING A $5 LATTE AND SURFING THE NET ON YOUR LAPTOP AT STARBUCKS ... BETWEEN APPOINTMENTS.
WE KNOW WHO YOU ARE...!
...OR DID YOU MISS THAT WEB CAM OVER YOUR RIGHT SHOULDER...?
WE KNOW WHO YOU ARE...!
...OR DID YOU MISS THAT WEB CAM OVER YOUR RIGHT SHOULDER...?
DAVID BROOKS SAYS FAT STUPID PEOPLE ARE OUT OF CONTROL
BROOKS SAYS IT'S FAT STUPID PEOPLE vs THE REST OF US...
WE HAVE BECOME A NATION OF FAT STUPID "REALITY" TV-WATCHING MORONS...
AND THE ELITES ...THIN, WINE DRINKING, BOOK READING, NYTs TYPES ARE NOW A POLITICAL MINORITY...AND DON'T LIKE IT.
OF COURSE THE FOX PROPAGANDA NETWORK HELPED...!
BECAUSE, ONLY RECENTLY HAS THE "STUPID WORLD VIEW" BEEN GIVEN CREDIBILITY ON PLACES LIKE FOX "NEWS" AND AM HATE RADIO...
BASICALLY IT ALL STARTED AROUND 2000...
REMEMBER:
WHEN SUDDENLY THE MEDIA SHILLS "DISCOVERED" THAT DUBYA "WON" HIS DEBATES...
OF COURSE MOST OF US WATCHING THOSE DEBATES THOUGHT:
"WHAT THE FUCK ARE THEY TALKING ABOUT...THIS ASSHOLE IS A TOTAL MORON!"
BEFORE 2000, THE CRACKPOTS, ASSHOLES AND FAT BASTARDS HAD TO LISTEN TO THEIR "BETTERS"...NAMELY US!
BUT THAT WAS BEFORE OUR PREZ BECAME "BEER-BUDDY-IN-CHIEF!!" AND THE MEDIA SHILLS WERE ORDERED TO "GO STUPID OR ELSE."
THE AMERICAN PEOPLE DID NOT SUDDENLY "GO STUPID"...IT WAS THE MEDIA THAT PUSHED THE STUPID AGENDA...WHICH WAS REALLY THE WALL STREET-REPUBLICAN "BIG LIE" AGENDA...AND NOW THEY HAVE IT IN SPADES...THE FAT STUPID BUBBAS ARE OUT OF CONTROL.
WE HAVE BECOME A NATION OF FAT STUPID "REALITY" TV-WATCHING MORONS...
AND THE ELITES ...THIN, WINE DRINKING, BOOK READING, NYTs TYPES ARE NOW A POLITICAL MINORITY...AND DON'T LIKE IT.
OF COURSE THE FOX PROPAGANDA NETWORK HELPED...!
BECAUSE, ONLY RECENTLY HAS THE "STUPID WORLD VIEW" BEEN GIVEN CREDIBILITY ON PLACES LIKE FOX "NEWS" AND AM HATE RADIO...
BASICALLY IT ALL STARTED AROUND 2000...
REMEMBER:
WHEN SUDDENLY THE MEDIA SHILLS "DISCOVERED" THAT DUBYA "WON" HIS DEBATES...
OF COURSE MOST OF US WATCHING THOSE DEBATES THOUGHT:
"WHAT THE FUCK ARE THEY TALKING ABOUT...THIS ASSHOLE IS A TOTAL MORON!"
BEFORE 2000, THE CRACKPOTS, ASSHOLES AND FAT BASTARDS HAD TO LISTEN TO THEIR "BETTERS"...NAMELY US!
BUT THAT WAS BEFORE OUR PREZ BECAME "BEER-BUDDY-IN-CHIEF!!" AND THE MEDIA SHILLS WERE ORDERED TO "GO STUPID OR ELSE."
THE AMERICAN PEOPLE DID NOT SUDDENLY "GO STUPID"...IT WAS THE MEDIA THAT PUSHED THE STUPID AGENDA...WHICH WAS REALLY THE WALL STREET-REPUBLICAN "BIG LIE" AGENDA...AND NOW THEY HAVE IT IN SPADES...THE FAT STUPID BUBBAS ARE OUT OF CONTROL.
Monday, April 28, 2008
SUMMER VACATION LOOMS
WITH THE MARKET SO PREDICTABLE I MAY CLOSE THIS BLOG FROM MAY 1ST UNTIL AROUND AUGUST 1ST...AND THE START OF THE CONVENTION SEASON...
THIS IS JUST THE MOST BORING MARKET IMAGINABLE...
THIS IS LIKE WATCHING GRASS GROW... BUT IF YOU WANT TO DO THAT YOU CAN GO OUTSIDE AND LOOK AT THE REAL THING NOW THAT THE WARM WEATHER IS BACK.
ESSENTIALLY THE DIE IS CAST FOR THIS MARKET AND THE US ECONOMY...THE ONLY QUESTION IS WHEN WILL REALITY KICK IN...IN A WAY THAT THE MARKET MASTERS LOSE CONTROL OF THE SITUATION...
I MAY KEEP THIS BLOG OPEN THIS SUMMER ONLY FOR THE INEVITABLE "MAJOR" MARKET AND POLITICAL EVENTS... NOT THE DAY TO DAY YADA YADA AS NOW. I WILL MISS MY "LITTLE ESSAYS" BUT THEN MAYBE NOT...
WELL, LET'S SEE HOW THINGS GO...AFTER THE FED MEETING THIS WEEK. PERHAPS THE FED STATEMENT WILL SHAKE RATTLE AND ROLL THE TORPID CROWD ON THE STREET...?
OR PERHAPS I COULD ONLY POST HERE IN A FOREIGN LANGUAGE TO MAKE IT MORE INTERESTING...THAT WOULD BE DIFFERENT... FRENCH, THEN GERMAN, THEN RUSSIAN... BUT CHRIST THAT WOULD SOUND LIKE THOSE STUPID FRENCH PLAYS BY BECKETT... AND ALL THOSE TECHNICAL ECONOMIC WORDS AND IDIOMS...! BUT THEN ALL LANGUAGE IS IDIOM... EVERY SINGLE WORD IS IDIOMATIC AT SOME LEVEL. THAT'S WHY WE CAN'T "UNDERSTAND" THE ARABS AND THE ASIANS...THEY HAVE A COMPLETELY DIFFERENT DIALOG RUNNING IN THEIR HEADS...TRANSLATION IS FUTILE..
ONLY AN APPROXIMATION AT BEST.
BUT ARE WORDS REALLY NECESSARY TO THINKING...? DO DEAF PEOPLE THINK IN SIGN LANGUAGE...THEY SEEM TO BE QUITE NORMAL AND LIKE THE REST OF US... LANGUAGE IS REALLY THE SOURCE OF ALL EVIL...ONCE YOU GET LANGUAGE AND WRITING ALL HELL BREAKS LOOSE... WHAT ARE THESE SYMBOLS ON PAPER...? THEY ONLY MEAN WHAT WE WANT THEM TO MEAN...
HOW CAN THE WORD "WHY" BE PRONOUNCED SO DIFFERENTLY IN DIFFERENT LANGUAGES AND STILL "MEAN" THE SAME THING...? WE KNOW THE DANGERS OF IDIOM AND "FALSE FRIENDS" AFTER ALL
THROUGH LANGUAGE YOU GET RELIGION...THE GREATEST EVIL OF THE ALL!!
THAT'S WHEN THE PRIESTS START DRAWING AND QUARTERING PEOPLE...OR CUTTING OUT THEIR HEARTS AND OFFERING THEM TO THE SUN GODS...! WRITING HAS ITS ROOTS IN RELIGION...AND RELIGION IS JUST ANOTHER FORM OF GOVERNMENT...A MEANS OF ELITE CONTROL OF THE VAST NUMBER OF STUPIDS THAT MAKE UP THE MAJORITY IN MOST SOCIETIES.
THIS IS JUST THE MOST BORING MARKET IMAGINABLE...
THIS IS LIKE WATCHING GRASS GROW... BUT IF YOU WANT TO DO THAT YOU CAN GO OUTSIDE AND LOOK AT THE REAL THING NOW THAT THE WARM WEATHER IS BACK.
ESSENTIALLY THE DIE IS CAST FOR THIS MARKET AND THE US ECONOMY...THE ONLY QUESTION IS WHEN WILL REALITY KICK IN...IN A WAY THAT THE MARKET MASTERS LOSE CONTROL OF THE SITUATION...
I MAY KEEP THIS BLOG OPEN THIS SUMMER ONLY FOR THE INEVITABLE "MAJOR" MARKET AND POLITICAL EVENTS... NOT THE DAY TO DAY YADA YADA AS NOW. I WILL MISS MY "LITTLE ESSAYS" BUT THEN MAYBE NOT...
WELL, LET'S SEE HOW THINGS GO...AFTER THE FED MEETING THIS WEEK. PERHAPS THE FED STATEMENT WILL SHAKE RATTLE AND ROLL THE TORPID CROWD ON THE STREET...?
OR PERHAPS I COULD ONLY POST HERE IN A FOREIGN LANGUAGE TO MAKE IT MORE INTERESTING...THAT WOULD BE DIFFERENT... FRENCH, THEN GERMAN, THEN RUSSIAN... BUT CHRIST THAT WOULD SOUND LIKE THOSE STUPID FRENCH PLAYS BY BECKETT... AND ALL THOSE TECHNICAL ECONOMIC WORDS AND IDIOMS...! BUT THEN ALL LANGUAGE IS IDIOM... EVERY SINGLE WORD IS IDIOMATIC AT SOME LEVEL. THAT'S WHY WE CAN'T "UNDERSTAND" THE ARABS AND THE ASIANS...THEY HAVE A COMPLETELY DIFFERENT DIALOG RUNNING IN THEIR HEADS...TRANSLATION IS FUTILE..
ONLY AN APPROXIMATION AT BEST.
BUT ARE WORDS REALLY NECESSARY TO THINKING...? DO DEAF PEOPLE THINK IN SIGN LANGUAGE...THEY SEEM TO BE QUITE NORMAL AND LIKE THE REST OF US... LANGUAGE IS REALLY THE SOURCE OF ALL EVIL...ONCE YOU GET LANGUAGE AND WRITING ALL HELL BREAKS LOOSE... WHAT ARE THESE SYMBOLS ON PAPER...? THEY ONLY MEAN WHAT WE WANT THEM TO MEAN...
HOW CAN THE WORD "WHY" BE PRONOUNCED SO DIFFERENTLY IN DIFFERENT LANGUAGES AND STILL "MEAN" THE SAME THING...? WE KNOW THE DANGERS OF IDIOM AND "FALSE FRIENDS" AFTER ALL
THROUGH LANGUAGE YOU GET RELIGION...THE GREATEST EVIL OF THE ALL!!
THAT'S WHEN THE PRIESTS START DRAWING AND QUARTERING PEOPLE...OR CUTTING OUT THEIR HEARTS AND OFFERING THEM TO THE SUN GODS...! WRITING HAS ITS ROOTS IN RELIGION...AND RELIGION IS JUST ANOTHER FORM OF GOVERNMENT...A MEANS OF ELITE CONTROL OF THE VAST NUMBER OF STUPIDS THAT MAKE UP THE MAJORITY IN MOST SOCIETIES.
THIS CHART PATTERN WILL REPEAT ALL SUMMER!!
I DON'T EVEN HAVE TO SEE THE END OF THE DAY...
I ALREADY KNOW WHATS GOING TO HAPPEN...BASICALLY A FLAT LINE TO THE CLOSE...AFTER THE USUAL MID MORNING AND AFTERNOON GYRATIONS. + OR- 20 POINTS FOR THE FORSEEABLE FUTURE... WITH A FEW BIG RALLIES AND BIG DROPS TO MAKE IT LOOK KOSHER...
I ALREADY KNOW WHATS GOING TO HAPPEN...BASICALLY A FLAT LINE TO THE CLOSE...AFTER THE USUAL MID MORNING AND AFTERNOON GYRATIONS. + OR- 20 POINTS FOR THE FORSEEABLE FUTURE... WITH A FEW BIG RALLIES AND BIG DROPS TO MAKE IT LOOK KOSHER...
MARKET REFLECTS CONCENTRATION OF WEALTH.
WEALTH IS SO CONCENTRATED IN THE HANDS OF A FEW...THAT THE MARKETS CAN LITERATLLY BE "MANAGED" BY THE ELITES TO PRODUCE WHATEVER RESULT THEY WANT...
AS LONG AS IT DOESN'T GO UP TOO FAST...
THE DOWN SIDE IS COMPLETELY CLOSED OFF NOW...
WE ARE MOSTLY GOING TO WATCH THE MEGA RICH DO M&A DEALS ALL SUMMER...! BORRRRRING!!
THAT WILL BE THE ONLY "NEWS" IN THIS MARKET ...THAT HAS BEEN "MUMMIFIED" AND "EMBALMED" BY THE FED TO THE POINT WHERE THERE IS NOTHING LEFT...TODAY'S MARKET IS LIKE THE CHAIRMAN OF THE BORED!!
NO MOXIE IN THIS MARKET...NO RISK, NO REWARD.
IT'S LIKE A DRIED UP PRUNE... THE RICH WILL RE ARRANGE THE CHAIRS OCCASSIONALLY...THE REST OF US WILL JUST WATCH AND WONDER "WHAT IT MEANS...?"
WELL IT DOESN'T MEAN SHIT... THIS MARKET IS HERMETICALLY SEALED!
IT'S A SPECIMEN... NOT A MARKET NOW!!
AS LONG AS IT DOESN'T GO UP TOO FAST...
THE DOWN SIDE IS COMPLETELY CLOSED OFF NOW...
WE ARE MOSTLY GOING TO WATCH THE MEGA RICH DO M&A DEALS ALL SUMMER...! BORRRRRING!!
THAT WILL BE THE ONLY "NEWS" IN THIS MARKET ...THAT HAS BEEN "MUMMIFIED" AND "EMBALMED" BY THE FED TO THE POINT WHERE THERE IS NOTHING LEFT...TODAY'S MARKET IS LIKE THE CHAIRMAN OF THE BORED!!
NO MOXIE IN THIS MARKET...NO RISK, NO REWARD.
IT'S LIKE A DRIED UP PRUNE... THE RICH WILL RE ARRANGE THE CHAIRS OCCASSIONALLY...THE REST OF US WILL JUST WATCH AND WONDER "WHAT IT MEANS...?"
WELL IT DOESN'T MEAN SHIT... THIS MARKET IS HERMETICALLY SEALED!
IT'S A SPECIMEN... NOT A MARKET NOW!!
TAX REBATES SHOULD GO DIRECTLY TO THE BANK OF CHINA
I MEAN THAT'S WHERE THEY WILL BE WITHIN A WEEK OF WASHINGTON'S MASS MAILING...!
SAME SHIT...DIFFERENT DAY.
THE FED HAS TAKEN ALL THE QUESS WORK OUT OF THIS MARKET...
YOU JUST KNOW, IN ADVANCE, WHAT'S GOING TO HAPPEN...!
BASICALLY NOT MUCH...
SAME SHIT DIFFERENT DAY...
ALL THIS CHURNNING IS GENERATED COMMISSIONS FOR 401K MONEY RUNNERS...BUT OTHER THAN THAT...NOTHING.
EVERYTHING WILL REMAIN FROZEN IN PLACE FOR THE REST OF THE SUMMER...
ONLY A MAJOR BREAK OUT IN THE COMMODITIES MARKETS OR A BREAK DOWN IN THE DOLLAR CAN CHANGE THINGS NOW... AND SO FAR ALL OF THAT IS FIRMLY UNDER THE FED'S CONTROL...
IF YOU WENT AWAY IN MAY AND CAME BACK AFTER LABOR DAY .... YOU PROBABLY WON'T NOT MISS MUCH...
THIS MARKET IS ALMOST AS BORING AS THE DEMOCRATIC CANDIDATE DEBATES!!
YEAH...THAT BAD...
OF COURSE MC CAIN ONLY HAS TO DEBATE WITH HIMSELF...AND THAT'S EVEN WORSE...
SAME SHIT...DIFFERENT DAY....
AND YOU CAN PRETTY MUCH COUNT ON THIS FOR THE REST OF THE SUMMER...
CHURN. CHURN CHURN....
YOU JUST KNOW, IN ADVANCE, WHAT'S GOING TO HAPPEN...!
BASICALLY NOT MUCH...
SAME SHIT DIFFERENT DAY...
ALL THIS CHURNNING IS GENERATED COMMISSIONS FOR 401K MONEY RUNNERS...BUT OTHER THAN THAT...NOTHING.
EVERYTHING WILL REMAIN FROZEN IN PLACE FOR THE REST OF THE SUMMER...
ONLY A MAJOR BREAK OUT IN THE COMMODITIES MARKETS OR A BREAK DOWN IN THE DOLLAR CAN CHANGE THINGS NOW... AND SO FAR ALL OF THAT IS FIRMLY UNDER THE FED'S CONTROL...
IF YOU WENT AWAY IN MAY AND CAME BACK AFTER LABOR DAY .... YOU PROBABLY WON'T NOT MISS MUCH...
THIS MARKET IS ALMOST AS BORING AS THE DEMOCRATIC CANDIDATE DEBATES!!
YEAH...THAT BAD...
OF COURSE MC CAIN ONLY HAS TO DEBATE WITH HIMSELF...AND THAT'S EVEN WORSE...
SAME SHIT...DIFFERENT DAY....
AND YOU CAN PRETTY MUCH COUNT ON THIS FOR THE REST OF THE SUMMER...
CHURN. CHURN CHURN....
KRUGMAN ON THE COMING MC CAIN PRESIDENCY!!
ONLY MC CAIN CAN PUT AMERICA WHERE IT NEEDS TO BE...FLAT ON IT'S BACK!!
LIKE AN ALCOHOLIC...
YOU GOTTA HIT BOTTOM BEFORE YOU CAN GO UP... AND FOUR YEARS OF MC CAIN ARE JUST THE TICKET FOR AMERICANS NOW...!!
SO STOP WORRYING...AND START PLANNING FOR THE MC CAIN PRESIDENCY NOW!!
LIKE AN ALCOHOLIC...
YOU GOTTA HIT BOTTOM BEFORE YOU CAN GO UP... AND FOUR YEARS OF MC CAIN ARE JUST THE TICKET FOR AMERICANS NOW...!!
SO STOP WORRYING...AND START PLANNING FOR THE MC CAIN PRESIDENCY NOW!!
DON'T WORRY...NOTHING BAD CAN HAPPEN TO STOCKS...
IF YOU HAVE EXCESS TIME FOR WORRY... TRY THE DOLLAR...IT'S IN THE TOILET WAITING FOR SOMEONE TO PULL THE FLUSH LEVEL...!
ALSO OIL IS A WORRY... AND THAT TURD IS STILL IN THE PUNCH BOWL THANKS TO THE FED...
AND WORRY ABOUT GOLD IF YOU REALLY HAVE SPARE TIME...
BUT STOCKS...NO PROLEMO!!
IT'S ALL UNDER CONTROL NOW.
SLEEP EASY...YOUR STOCKS ARE SAFE...THE FED IS PROTECTING YOU...
JUST TRY NOT TO THINK ABOUT THE PRICE OF GAS AND FOOD...AND EVERYTHING IS JUST PEACHY!!
ALSO OIL IS A WORRY... AND THAT TURD IS STILL IN THE PUNCH BOWL THANKS TO THE FED...
AND WORRY ABOUT GOLD IF YOU REALLY HAVE SPARE TIME...
BUT STOCKS...NO PROLEMO!!
IT'S ALL UNDER CONTROL NOW.
SLEEP EASY...YOUR STOCKS ARE SAFE...THE FED IS PROTECTING YOU...
JUST TRY NOT TO THINK ABOUT THE PRICE OF GAS AND FOOD...AND EVERYTHING IS JUST PEACHY!!
Sunday, April 27, 2008
CHAOS IN KABAL
EVERYONE KNOWS THAT THIS NEOCON OCCUPATION "PUPPET" GOVERNMENT WILL NEVER BE ACCEPTED BY ANYONE IN THE AREA ...
EXCEPT AGAIN WITH THE EXCEPTION OF THOSE ON THE US PAYROLL...AND WE ARE POURING MONEY INTO THIS RAT HOLE!!
YOU CAN'T BUY LOVE AND RESPECT... BUSH-CHENEY TAUGHT US THAT...
AND THE NOTION THAT "WE JUST NEED TO KILL A FEW MORE OF 'EM"...IS STILL THE REASONING OF THESE NEOCON WAR CRIMINALS. THE ZIONISTS HAVE BEEN KILLING PEOPLE FOR DECADES IN THE WEST BANK AND GAZA...AND THERE IS STILL NO END IN SIGHT...!
EXCEPT AGAIN WITH THE EXCEPTION OF THOSE ON THE US PAYROLL...AND WE ARE POURING MONEY INTO THIS RAT HOLE!!
YOU CAN'T BUY LOVE AND RESPECT... BUSH-CHENEY TAUGHT US THAT...
AND THE NOTION THAT "WE JUST NEED TO KILL A FEW MORE OF 'EM"...IS STILL THE REASONING OF THESE NEOCON WAR CRIMINALS. THE ZIONISTS HAVE BEEN KILLING PEOPLE FOR DECADES IN THE WEST BANK AND GAZA...AND THERE IS STILL NO END IN SIGHT...!
GAS AT $7 WILL END LIFE AS WE HAVE KNOWN IT...
WHAT A HUGE TRANSITION THE AMERICAN PEOPLE ARE GOING THROUGH...
TWENTY YEARS OF LOOTING BY THE ELITES HAVE TAKEN A GRIM TOLL... BUT EVEN NOW IT IS NOT CLEAR THAT THE AVERAGE AMERICAN KNOWS WHAT HIT THEM...
THE ELITE PROPAGANDA MACHINE IS SO INTENSE AND SO GOOD AT HOW THEY MISLEAD THE AMERICAN "STUPIDS" THAT THINGS COULD GET MUCH WORSE BEFORE THE FINAL COLLAPSE PROVIDES THE "GREAT AWAKENING"...
PROBABLY TOO LATE...
THE US DEBT SITUATION ALONE...ALONG WITH IT'S MASSIVE WAR BUDGET WOULD BE ENOUGH TO BRING DOWN THE SYSTEM...
THE 21ST CENTURY WILL NOT BE KIND TO AMERICANS... BUT IN THE END...THEY HAVE ONLY THEIR OWN IGNORANCE TO BLAME...
VERY VERY LITTLE THINKING IS DONE IN THE US... AND WHAT PASSES FOR "REASONING" COMES FROM THE LIKES OF BRIT HUME ON THE FOX PROPAGANDA NETWORK... OR RUSH ON AM HATE RADIO...
THESE ARE AMERICA'S "PUBLIC INTELLECTUALS!!"
IN OUR DECLINE AND FALL...SO RICHLY DESERVED... BY A PUBLIC SO COMPLETELY DISENGAGED FROM REALITY....
I DON'T THINK OUTSIDERS REALIZE HOW COMPLETELY DISENGAGED AND "IN THE DARK" THE AVERAGE AMERICAN IS ABOUT THESE MATTERS... FOR THE MOST PART TYPICAL AMERICANS RELY ON THE TV PROPAGANDA NETWORKS TO "DEFINE" REALITY FOR THEM... EVEN AS "REAL EVENTS" IN PEOPLE'S LIVES CONTINUE TO DETERIORATE BADLY.
TWENTY YEARS OF LOOTING BY THE ELITES HAVE TAKEN A GRIM TOLL... BUT EVEN NOW IT IS NOT CLEAR THAT THE AVERAGE AMERICAN KNOWS WHAT HIT THEM...
THE ELITE PROPAGANDA MACHINE IS SO INTENSE AND SO GOOD AT HOW THEY MISLEAD THE AMERICAN "STUPIDS" THAT THINGS COULD GET MUCH WORSE BEFORE THE FINAL COLLAPSE PROVIDES THE "GREAT AWAKENING"...
PROBABLY TOO LATE...
THE US DEBT SITUATION ALONE...ALONG WITH IT'S MASSIVE WAR BUDGET WOULD BE ENOUGH TO BRING DOWN THE SYSTEM...
THE 21ST CENTURY WILL NOT BE KIND TO AMERICANS... BUT IN THE END...THEY HAVE ONLY THEIR OWN IGNORANCE TO BLAME...
VERY VERY LITTLE THINKING IS DONE IN THE US... AND WHAT PASSES FOR "REASONING" COMES FROM THE LIKES OF BRIT HUME ON THE FOX PROPAGANDA NETWORK... OR RUSH ON AM HATE RADIO...
THESE ARE AMERICA'S "PUBLIC INTELLECTUALS!!"
IN OUR DECLINE AND FALL...SO RICHLY DESERVED... BY A PUBLIC SO COMPLETELY DISENGAGED FROM REALITY....
I DON'T THINK OUTSIDERS REALIZE HOW COMPLETELY DISENGAGED AND "IN THE DARK" THE AVERAGE AMERICAN IS ABOUT THESE MATTERS... FOR THE MOST PART TYPICAL AMERICANS RELY ON THE TV PROPAGANDA NETWORKS TO "DEFINE" REALITY FOR THEM... EVEN AS "REAL EVENTS" IN PEOPLE'S LIVES CONTINUE TO DETERIORATE BADLY.
Saturday, April 26, 2008
BERNANKE HAS HIS BUBBLE...BUT CAN HE KEEP IT?
THE BELOVED STOCK BUBBLE IS BACK ON WALL STREET... BUT AT A HORRIBLE PRICE...
$4 GAS! AND THE DOLLAR TRASHED...!
THE PROBLEM IS THAT THE ENTIRE MARKET IS A CATCH-22 NOW.
THE MASSIVE LIQUIDITY THAT THE FED INJECTED HAS HELPED... BUT HAS IT ONLY DELAYED YET AGAIN THE REALITY OF THIS SITUATION...
BERNANKE HAS PAINTED HIMSELF INTO A CORNER...AND THERE IS NO GOOD WAY OUT...
JUST TREADING WATER IS THE BEST CASE SCENARIO... BUT THAT IS NOT A FUTURE FOR THE MARKETS....LONGER TERM.
YET I SEE NOTHING ON THE HORIZON THAT COULD CHANGE THINGS... THIS MARKET SEEMS HERMETICALLY SEALED OFF FROM ANY AND ALL "REAL" INFLUENCES... JUST LOOK AT THE MASSIVE RALLY TODAY...ON A 28 YEAR LOW IN CONSUMER CONFIDENCE....
UNDER NORMAL CONDITIONS...AT LEAST A LITTLE REFLEXIVE SELLOFF WOULD HAVE BEEN EXPECTED... BUT THIS MARKET IS SO CONTROLLED NOW...THAT IT'S REFLEXES ARE COMPLETELY OVERRIDDEN BY THOSE WHO ARE MANAGING THE MARKET FOR CERTAIN "RESULTS"....
SO VERY LIKELY SOMETHING UNEXPECTED WILL HAVE TO DO THE JOB OF RESTORING GRIM REALITY TO THE STREET...
$4 GAS! AND THE DOLLAR TRASHED...!
THE PROBLEM IS THAT THE ENTIRE MARKET IS A CATCH-22 NOW.
THE MASSIVE LIQUIDITY THAT THE FED INJECTED HAS HELPED... BUT HAS IT ONLY DELAYED YET AGAIN THE REALITY OF THIS SITUATION...
BERNANKE HAS PAINTED HIMSELF INTO A CORNER...AND THERE IS NO GOOD WAY OUT...
JUST TREADING WATER IS THE BEST CASE SCENARIO... BUT THAT IS NOT A FUTURE FOR THE MARKETS....LONGER TERM.
YET I SEE NOTHING ON THE HORIZON THAT COULD CHANGE THINGS... THIS MARKET SEEMS HERMETICALLY SEALED OFF FROM ANY AND ALL "REAL" INFLUENCES... JUST LOOK AT THE MASSIVE RALLY TODAY...ON A 28 YEAR LOW IN CONSUMER CONFIDENCE....
UNDER NORMAL CONDITIONS...AT LEAST A LITTLE REFLEXIVE SELLOFF WOULD HAVE BEEN EXPECTED... BUT THIS MARKET IS SO CONTROLLED NOW...THAT IT'S REFLEXES ARE COMPLETELY OVERRIDDEN BY THOSE WHO ARE MANAGING THE MARKET FOR CERTAIN "RESULTS"....
SO VERY LIKELY SOMETHING UNEXPECTED WILL HAVE TO DO THE JOB OF RESTORING GRIM REALITY TO THE STREET...
FED WILL CUT RATES TO PROTECT THE DOW....
THE NOTION THAT THE FED CAN STOP CUTTING RATES IS JUST INCREDIBLE...
THE DOW WILL PLUNGE...AND THEN THEY'LL BE BACK FOR AN EMERGENCY MEETING TO UNDO THE DAMAGE...
THE DOW WILL PLUNGE...AND THEN THEY'LL BE BACK FOR AN EMERGENCY MEETING TO UNDO THE DAMAGE...
MC CAIN IS A VERY VERY VERY OLD MAN
THE PROBLEM FOR THE MC CAIN PRESIDENCY IS THAT MC CAIN IS A VERY OLD MAN...AND HE LOOKS HIS AGE. AND HE LOOKS LIKE HE ALSO "FEELS" HIS AGE...WHICH IS PERHAPS EVEN WORSE...
MY HUNCH IS THAT AS MORE PEOPLE SEE MC CAIN...UP CLOSE AND PERSONAL...OFF THE SUNDAY TALKS SETS...THE MORE THEY ARE GOING TO REALIZE JUST HOW OLD THIS GUY IS.
REMEMBER THE SUNDAY TALKS ARE DONE SITTING BEHIND TABLES...LOADED WITH MAKEUP AND GREAT LIGHTING...AND ONLY LAST FOR A FEW MINUTES...
WE ARE NOT A NATION THAT RESPECTS OLD PEOPLE THAT MUCH.
SO EVEN SOME REPUBLICANS OF THE BUBBA PERSUATION...MAY JUMP SHIP ON THEIR BELOVED PARTY OF MORAL BULLSHIT...AND VOTE DEMOCRATIC JUST TO AVOID HAVING A VERY VERY VERY OLD MAN AS PRESIDENT...
THERE IS NOTHING "WRONG" WITH OLD AGE...BUT:
YOU HAVE TO BE REALISTIC ABOUT WHAT YOU EXPECT TO DO...
MY HUNCH IS THAT LATER THIS SUMMER MC CAINS "AGE" WILL KICK IN AS THE DEAL BREAKER FOR HIS PRESIDENCY IN THE MINDS OF MANY VOTERS.
ESPECIALLY WHEN THE COMPARATIVE "YOUTH" OF THE DEMOCRATIC SIDE IS CONSIDERED...
MY HUNCH IS THAT AS MORE PEOPLE SEE MC CAIN...UP CLOSE AND PERSONAL...OFF THE SUNDAY TALKS SETS...THE MORE THEY ARE GOING TO REALIZE JUST HOW OLD THIS GUY IS.
REMEMBER THE SUNDAY TALKS ARE DONE SITTING BEHIND TABLES...LOADED WITH MAKEUP AND GREAT LIGHTING...AND ONLY LAST FOR A FEW MINUTES...
WE ARE NOT A NATION THAT RESPECTS OLD PEOPLE THAT MUCH.
SO EVEN SOME REPUBLICANS OF THE BUBBA PERSUATION...MAY JUMP SHIP ON THEIR BELOVED PARTY OF MORAL BULLSHIT...AND VOTE DEMOCRATIC JUST TO AVOID HAVING A VERY VERY VERY OLD MAN AS PRESIDENT...
THERE IS NOTHING "WRONG" WITH OLD AGE...BUT:
YOU HAVE TO BE REALISTIC ABOUT WHAT YOU EXPECT TO DO...
MY HUNCH IS THAT LATER THIS SUMMER MC CAINS "AGE" WILL KICK IN AS THE DEAL BREAKER FOR HIS PRESIDENCY IN THE MINDS OF MANY VOTERS.
ESPECIALLY WHEN THE COMPARATIVE "YOUTH" OF THE DEMOCRATIC SIDE IS CONSIDERED...
Friday, April 25, 2008
BUSH DESPERATE TO START A "NEW WAR"--- FOR MC CAIN ELECTION BID.
NATIONAL SECURITY HAS BEEN OFF THE TABLE FOR TOO LONG ....
REPUBLICANS SIMPLY MUST HAVE NEW NATIONAL SECURITY ISSUES TO KEEP THEMSELVES IN POWER...
REPUBLICANS SIMPLY MUST HAVE NEW NATIONAL SECURITY ISSUES TO KEEP THEMSELVES IN POWER...
OIL AND DOW SOAR ON PUNK CONSUMER CONFIDENCE...
EVERYTHING IS TRUE.
NOTHING IS TRUE.
THERE IS NO TRUTH
ONLY STATEMENTS
AND THEY ARE ALL TRUE
UNTIL THEY AREN'T TRUE
BUT THEN ....
WHAT DIFFERENCE DOES IT MAKE.
WE ARE IN UNCHARTED WATERS
BUT TODAY'S DOW CHART--
YOU WILL SEE ALOT OF
THIS SUMMER.
IT'S EVERYTHING. IT'S NOTHING.
ARE WE WAITING FOR GODOT...?
OR JUST THE END
OF THE BUSH-CHENEY DISASTER.
NOTHING IS TRUE.
THERE IS NO TRUTH
ONLY STATEMENTS
AND THEY ARE ALL TRUE
UNTIL THEY AREN'T TRUE
BUT THEN ....
WHAT DIFFERENCE DOES IT MAKE.
WE ARE IN UNCHARTED WATERS
BUT TODAY'S DOW CHART--
YOU WILL SEE ALOT OF
THIS SUMMER.
IT'S EVERYTHING. IT'S NOTHING.
ARE WE WAITING FOR GODOT...?
OR JUST THE END
OF THE BUSH-CHENEY DISASTER.
DON'T WORRY...IT'S CRAPY.
I AM SO SCARED ABOUT THIS MARKET DECLINE TODAY...!
LOL... BULLSHIT!
THIS IS A MARKET THAT SIMPLY WILL NOT BE ALLOWED TO DECLINE.
THE MARKET HAS BECOME MORE IMPORTANT THAN ANYTHING IN THE US ECONOMY INCLUDING THE VALUE OF THE DOLLAR.
THE DOLLAR WILL BE TRASHED ...BEFORE THE MARKET IS "ALLOWED" TO FALL...
OF COURSE, THE NOMINAL VALUE OF THE MARKET WILL APPEAR TO BE HIGHER WITH A WEAK DOLLAR...
YOU SEE THE GAME THEY ARE PLAYING...?
YOUR STOCKS AREN'T GOING DOWN...
BUT THE YARD STICK BY WHICH YOU MEASURE YOUR STOCKS IS SHRINKING DAILY!!
NEAT TRICK!!
BUT ALAS, AS OLD AS THE ROMAN EMPIRE! AND THE INVENTION OF "FIAT" MONEY... AND LATER THE SOUTH SEAS BUBBLES...AND IN OUR TIME THE WIEMAR GERMANY INFLATION.
AT LEAST UNDER THE ANCIENT BARTER SYSTEM YOU SAW WHAT YOU WERE GETTING FOR YOUR TRADE...!
LOL... BULLSHIT!
THIS IS A MARKET THAT SIMPLY WILL NOT BE ALLOWED TO DECLINE.
THE MARKET HAS BECOME MORE IMPORTANT THAN ANYTHING IN THE US ECONOMY INCLUDING THE VALUE OF THE DOLLAR.
THE DOLLAR WILL BE TRASHED ...BEFORE THE MARKET IS "ALLOWED" TO FALL...
OF COURSE, THE NOMINAL VALUE OF THE MARKET WILL APPEAR TO BE HIGHER WITH A WEAK DOLLAR...
YOU SEE THE GAME THEY ARE PLAYING...?
YOUR STOCKS AREN'T GOING DOWN...
BUT THE YARD STICK BY WHICH YOU MEASURE YOUR STOCKS IS SHRINKING DAILY!!
NEAT TRICK!!
BUT ALAS, AS OLD AS THE ROMAN EMPIRE! AND THE INVENTION OF "FIAT" MONEY... AND LATER THE SOUTH SEAS BUBBLES...AND IN OUR TIME THE WIEMAR GERMANY INFLATION.
AT LEAST UNDER THE ANCIENT BARTER SYSTEM YOU SAW WHAT YOU WERE GETTING FOR YOUR TRADE...!
MARKET RALLYS ON CONSUMER FUNK!!
LOWER RATES ASSURED!!
PERHAPS ALL THE WAY TO ZERO!! JAPAN STYLE...
LOOK FOR $6 GAS SOON...
BUT HEY...ECONOMIC GRAPHS ONLY HAVE TWO AXIS TO PLOT THINGS ON....
PLEASE, ONE DISASTER AT A TIME FOR OUR "EXPERTS."...
ALAS, WE CAN'T "CHART" IN FOUR DIMINSIONS!!
PERHAPS ALL THE WAY TO ZERO!! JAPAN STYLE...
LOOK FOR $6 GAS SOON...
BUT HEY...ECONOMIC GRAPHS ONLY HAVE TWO AXIS TO PLOT THINGS ON....
PLEASE, ONE DISASTER AT A TIME FOR OUR "EXPERTS."...
ALAS, WE CAN'T "CHART" IN FOUR DIMINSIONS!!
CONSUMERS PARTY LIKE IT'S 1982...!! OR 1932?
THAT IS WEIRD...!
IN 1982 INTEREST RATES WERE AT 20%.... CD's PAID 16%....!
SO TO SAY THIS IS 1982 RE-VISITED IS TO IGNORE A LOT OF ANOMALIES...
MY HUNCH IS THAT THIS IS DIFFERENT...
LETS CALL IT 1932 REVISITED...
THAT IS THE BETTER YEAR... BUT EVEN THEN UNEMPLOYMENT WAS 25%...!
I THINK WE GOT US A BRAND NEW KIND OF FUNK HERE...
AS YET TO BE DESCRIBED IN THE ECONOMIC LITERATURE...
WHAT I SUSPECT IS HAPPENING IS THAT MOST PEOPLE REALIZE THAT THE US DOES NOT HAVE A VIABLE ECONOMY ANYMORE...
AND THAT THE LAST FEW YEARS HAVE BEEN ALL ABOUT THE ECONOMIC AND POLITICAL ELITES LOOTING THE AMERICAN ECONOMY TO THE BONE...
EVEN WHILE DISTRACTING PEOPLE WILL WEDGE ISSUES.
NOW THERE'S YOUR FUNK...!
A CERTAIN HOPELESSNESS ABOUT THE ENTIRE SITUATION IS FINALLY SETTING IN...
CAN PRESIDENT MC CAIN HANDLE IT...?
WE'LL SEE...BUT I DOUBT IT.
IN 1982 INTEREST RATES WERE AT 20%.... CD's PAID 16%....!
SO TO SAY THIS IS 1982 RE-VISITED IS TO IGNORE A LOT OF ANOMALIES...
MY HUNCH IS THAT THIS IS DIFFERENT...
LETS CALL IT 1932 REVISITED...
THAT IS THE BETTER YEAR... BUT EVEN THEN UNEMPLOYMENT WAS 25%...!
I THINK WE GOT US A BRAND NEW KIND OF FUNK HERE...
AS YET TO BE DESCRIBED IN THE ECONOMIC LITERATURE...
WHAT I SUSPECT IS HAPPENING IS THAT MOST PEOPLE REALIZE THAT THE US DOES NOT HAVE A VIABLE ECONOMY ANYMORE...
AND THAT THE LAST FEW YEARS HAVE BEEN ALL ABOUT THE ECONOMIC AND POLITICAL ELITES LOOTING THE AMERICAN ECONOMY TO THE BONE...
EVEN WHILE DISTRACTING PEOPLE WILL WEDGE ISSUES.
NOW THERE'S YOUR FUNK...!
A CERTAIN HOPELESSNESS ABOUT THE ENTIRE SITUATION IS FINALLY SETTING IN...
CAN PRESIDENT MC CAIN HANDLE IT...?
WE'LL SEE...BUT I DOUBT IT.
DOLLAR RALLY ABOUT NOTHING?
WELL, THEY KNOW THAT THE ONLY WAY TO CONTROL OIL...IS TO CONTROL THE DOLLAR...
AND THE WAY TO CONTROL THE DOLLAR ....WITHOUT A RATE HIKE....IS THROUGH THE GOLD MARKET...
EVERYTIME GOLD SELLS OFF...FOR TECHNICAL REASONS...THE DOLLAR RALLIES...FOR "NO REASON"...AND OIL FALLS A BIT.
BUT IT TAKES A LOT OF GOLD SELLING IN THIN MARKETS TO MOVE OIL EVEN A BIT.
SO ...THAT'S THAT....
THE DOLLAR RALLY ABOUT NOTHING IS TEMPORARY...BUT PROBABLY WELCOME OR EVEN CAUSED BY THE FED...GOING INTO NEXT WEEKS IMPORTANT MEETING...
AND THE WAY TO CONTROL THE DOLLAR ....WITHOUT A RATE HIKE....IS THROUGH THE GOLD MARKET...
EVERYTIME GOLD SELLS OFF...FOR TECHNICAL REASONS...THE DOLLAR RALLIES...FOR "NO REASON"...AND OIL FALLS A BIT.
BUT IT TAKES A LOT OF GOLD SELLING IN THIN MARKETS TO MOVE OIL EVEN A BIT.
SO ...THAT'S THAT....
THE DOLLAR RALLY ABOUT NOTHING IS TEMPORARY...BUT PROBABLY WELCOME OR EVEN CAUSED BY THE FED...GOING INTO NEXT WEEKS IMPORTANT MEETING...
KRUGMAN ON DEMOCRATIC DRIFT
I WOULD AGREE WITH KRUGMAN THAT THE DEMOCRATIC BLUE COLLAR WORKER DOES NOT REALLY "WANT CHANGE"...
BUT THE QUESTION IS:
DOES THIS VOTER WANT TO GO BACK TO THE CLINTON YEARS...
OR THE RAY-GUN YEARS...?
MY HUNCH IS THAT THEY WILL GO WITH RAY-GUN AS THE MODEL FROM THE PAST AND VOTE HEAVILY FOR MC CAIN AND THE PARTY OF PATRIOTISM AND BULLSHIT...
THE REPUBLICANS.
YOU HAVE TO UNDERSTAND "BUBBA THINK" ... AND I THINK I DO...I'VE STUDIED IT CLOSE UP.
BUBBA IS VERY CONTRARIAN....
BUBBA THINKS THAT IF YOU SAY YOU'RE "FOR HIM"... YOU REALLY AREN'T...BECAUSE NO ONE EVER IN BUBBA'S LIFE HAS REALLY BEEN ...."FOR HIM."
THE REPUBLICANS ON THE OTHER HAND...DON'T CODDLE BUBBA...THEY GIVE HIM THE RED MEAT POLITICS OF HATE AND FEAR THAT HE CRAVES...
NOT HILLARY'S "BIG MAMA" GOVERNMENT... OF "I FEEL YOUR PAIN."
THE AMERICAN BUBBA WANTS A RETURN TO THE "ASS KICKIN BIG DADDY" GOVERNMENT OF THE RAY-GUN YEARS.
AS I HAVE NOTED HERE...
MAYBE, JUST MAYBE, MC CAIN CAN FINALLY TRASH AMERICA GOOD...
AND SWING THE BUBBA VOTE TO THE PROGRESSIVES IN THE DEMOCRATIC PARTY...
BUT WE AIN'T THERE YET...
MORE REPUBLICANS PLEASE IS WHAT BUBBA SAID IN PENNSYLVANIA....
AND THAT IS WHAT HE WILL SAY IN NOVEMBER...
SORRY DEMOCRATS... YOU LOSE AGAIN!
BUT THE QUESTION IS:
DOES THIS VOTER WANT TO GO BACK TO THE CLINTON YEARS...
OR THE RAY-GUN YEARS...?
MY HUNCH IS THAT THEY WILL GO WITH RAY-GUN AS THE MODEL FROM THE PAST AND VOTE HEAVILY FOR MC CAIN AND THE PARTY OF PATRIOTISM AND BULLSHIT...
THE REPUBLICANS.
YOU HAVE TO UNDERSTAND "BUBBA THINK" ... AND I THINK I DO...I'VE STUDIED IT CLOSE UP.
BUBBA IS VERY CONTRARIAN....
BUBBA THINKS THAT IF YOU SAY YOU'RE "FOR HIM"... YOU REALLY AREN'T...BECAUSE NO ONE EVER IN BUBBA'S LIFE HAS REALLY BEEN ...."FOR HIM."
THE REPUBLICANS ON THE OTHER HAND...DON'T CODDLE BUBBA...THEY GIVE HIM THE RED MEAT POLITICS OF HATE AND FEAR THAT HE CRAVES...
NOT HILLARY'S "BIG MAMA" GOVERNMENT... OF "I FEEL YOUR PAIN."
THE AMERICAN BUBBA WANTS A RETURN TO THE "ASS KICKIN BIG DADDY" GOVERNMENT OF THE RAY-GUN YEARS.
AS I HAVE NOTED HERE...
MAYBE, JUST MAYBE, MC CAIN CAN FINALLY TRASH AMERICA GOOD...
AND SWING THE BUBBA VOTE TO THE PROGRESSIVES IN THE DEMOCRATIC PARTY...
BUT WE AIN'T THERE YET...
MORE REPUBLICANS PLEASE IS WHAT BUBBA SAID IN PENNSYLVANIA....
AND THAT IS WHAT HE WILL SAY IN NOVEMBER...
SORRY DEMOCRATS... YOU LOSE AGAIN!
CAN'T GO DOWN MARKET....WON'T
THIS IS A CAN'T-GO-DOWN MARKET.
WALL STREET HAS A BLANK CHECK FROM THE FED TO KEEP PAPER ASSET PRICES HIGH.
SO THERE IS VERY LITTLE DOWN SIDE TO THE MARKETS NOW... BUT THERE IS ALSO VERY LITTLE UP SIDE...
JUST BECAUSE THE FED HAS TOLD WALL STREET "DON'T GO DOWN"...THE FED HAS ALSO SAID IT'S WORRIED ABOUT INFLATION...ESPECIALLY IN COMMODITIES...AND OIL IN PARTICULAR.
SO WHILE THE DOLLAR PLUNGES TO REFLECT THE FED'S EASY MONEY FOR THE STREET...THE REAL ECONOMY FLOUNDERS...AND A CAP IS PUT ON STOCK PRICES...EVEN IF THERE IS AMPLE LIQUIDITY FOR COMMODITY SPECULATORS...
BASICALLY, SAME SHIT, DIFFERENT DAY.
WALL STREET HAS A BLANK CHECK FROM THE FED TO KEEP PAPER ASSET PRICES HIGH.
SO THERE IS VERY LITTLE DOWN SIDE TO THE MARKETS NOW... BUT THERE IS ALSO VERY LITTLE UP SIDE...
JUST BECAUSE THE FED HAS TOLD WALL STREET "DON'T GO DOWN"...THE FED HAS ALSO SAID IT'S WORRIED ABOUT INFLATION...ESPECIALLY IN COMMODITIES...AND OIL IN PARTICULAR.
SO WHILE THE DOLLAR PLUNGES TO REFLECT THE FED'S EASY MONEY FOR THE STREET...THE REAL ECONOMY FLOUNDERS...AND A CAP IS PUT ON STOCK PRICES...EVEN IF THERE IS AMPLE LIQUIDITY FOR COMMODITY SPECULATORS...
BASICALLY, SAME SHIT, DIFFERENT DAY.
Thursday, April 24, 2008
THE ARGUMENT FOR HILLARY...
THE CLINTONS HAVE BEEN THE CANDIDATES THAT THE MEDIA ELITES LOVE TO HATE...AND HATE TO LOVE. YOU CAN SMELL IT IN THEIR BODY LANGUAGE...
BUT THE BLUE COLLAR, BUBBA DEMOCRATS SEE SOMETHING IN HILLARY AND BILL THAT THE MEDIA ELITES MISS...
FIRST, IT'S POSSIBLE THAT HILLARY ACTUALLY WILL "HIT THE GROUND RUNNING" AS PRESIDENT ....
AT A TIME WHEN THE NATION AND THE WORLD WILL BE "IN EXTREMIS"... AFTER 8 YEARS OF CATASTROPHIC BUSH-CHENEY-NEOCON RULE...
OBAMA, HOWEVER, DOES NOT KNOW THE PRESIDENCY.
HE MAY BE SIDETRACKED WITH EGO ISSUES...OR, GETTING ORIENTED TO HIS "NEW ROLE" AS "SUDDENLY" WORLD LEADER...
BUT BILL AND HILLARY HAVE "BEEN THERE...DONE THAT"...
CHANCES ARE HILLARY WILL NOT BE TOO IMPRESSED WITH HERSELF...AND, BILL CAN DO A LOT OF THE LEG WORK ON THE CONGRESS THAT WILL BE NECESSARY TO GET THINGS DONE AND DONE FAST...
IN SHORT, I CAN SEE HILLARY AS BEING AN LBJ TYPE OF OPERATOR...
AND FACE IT...LBJ PUT A POST NEW DEAL SOCIAL SYSTEM IN PLACE THAT IT TOOK THE REPUBLICANS AND WALL STREET 40 YEARS TO DISMANTLE...AND LBJ WAS ONLY A "ONE TERMER!"
I THINK WHAT WE ALL FEAR ABOUT OBAMA IS THAT HE MAY BE ANOTHER JIMMY CARTER...TIED DOWN IN DETAILS...ORGANIZATIONAL ISSUES...POLICY FIGHTS AND EGO TRIPS THAT WILL CONSUME HIS FIRST FEW YEARS IN OFFICE, EVEN AS THE NATION SPIRALS EVER DOWNWARD.
OBAMA HAS BEEN VERY RELECTANT TO TAKE ON WALL STREET...RATHER, IMPLYING HE'S THE TYPE OF GUY WHO WILL "PLAY BALL" TO STAY IN POWER...
I SENSE THAT POWER DOES NOT IMPRESS THE CLINTONS' THAT MUCH...THEY'VE HAD IT...LOST IT...AND TOOK IT BACK AGAIN...
IF YOU THINK OF HILLARY AS ANOTHER BORING "FUNCTIONARY" ... LIKE LBJ WAS...
AND IF YOU THINK OF OBAMA AS A BLACK VERSION OF JIMMY CARTER...PLUCKED FROM OBSCURITY TO TAKE THE WHITE HOUSE IN A TIME OF ECONOMIC MALISE...
WELL... MAYBE THE BUBBA BLUE COLLAR TYPES HAVE A POINT...?
PERHAPS, DULL, OLD BORING HILLARY AND BILL ARE JUST WHAT AMERICA NEEDS...!
I ALWAYS SECRETLY RESPECT THE UNTRAINED WISDOM OF THE MOB...
YOU'LL SEE THIS OVER AND OVER...WITH JURIES AND IN ELECTIONS...
NO, NOT REAL "JUSTICE" ... BY THE BOOK.
BUT A "SUBSTANTIVE" JUSTICE...
NOT BASED IN TECHNICALITIES...BUT SIMPLE SPEECH AND SIMPLE REASONING...WITH SIMPLE QUESTIONS...WITH EASY ANSWERS...
THE GREAT UNWASHED ARE "CONNECTED" IN A WAY THAT WE "BOOK TRAINED" TYPES SOMETIMES CAN'T UNDERSTAND...
THERE IS AN ARGUMENT FOR HILLARY OUT THERE...
THE UNWASHED MOB DOES NOT REALLY TRUST OBAMA...PERHAPS AS THE VP...OK. BUT PREZ...? NOT YET.
BUT POOR HILLARY...SHE WHO SURVIVED THE "BLOW JOB" IMPEACHMENT...THAT WOULD HAVE SHAMED MOST OF US INTO LIVING IN A HERMITAGE!
SHE WHO MOVED ON...TO THE SENATE. AND SAVED HER MARRIAGE
THAT TOOK GUTS!! ....AND COURAGE!!
SOME PEOPLE ARE IMPRESSED WITH THIS...
MAYBE EVEN ME.
BUT THE BLUE COLLAR, BUBBA DEMOCRATS SEE SOMETHING IN HILLARY AND BILL THAT THE MEDIA ELITES MISS...
FIRST, IT'S POSSIBLE THAT HILLARY ACTUALLY WILL "HIT THE GROUND RUNNING" AS PRESIDENT ....
AT A TIME WHEN THE NATION AND THE WORLD WILL BE "IN EXTREMIS"... AFTER 8 YEARS OF CATASTROPHIC BUSH-CHENEY-NEOCON RULE...
OBAMA, HOWEVER, DOES NOT KNOW THE PRESIDENCY.
HE MAY BE SIDETRACKED WITH EGO ISSUES...OR, GETTING ORIENTED TO HIS "NEW ROLE" AS "SUDDENLY" WORLD LEADER...
BUT BILL AND HILLARY HAVE "BEEN THERE...DONE THAT"...
CHANCES ARE HILLARY WILL NOT BE TOO IMPRESSED WITH HERSELF...AND, BILL CAN DO A LOT OF THE LEG WORK ON THE CONGRESS THAT WILL BE NECESSARY TO GET THINGS DONE AND DONE FAST...
IN SHORT, I CAN SEE HILLARY AS BEING AN LBJ TYPE OF OPERATOR...
AND FACE IT...LBJ PUT A POST NEW DEAL SOCIAL SYSTEM IN PLACE THAT IT TOOK THE REPUBLICANS AND WALL STREET 40 YEARS TO DISMANTLE...AND LBJ WAS ONLY A "ONE TERMER!"
I THINK WHAT WE ALL FEAR ABOUT OBAMA IS THAT HE MAY BE ANOTHER JIMMY CARTER...TIED DOWN IN DETAILS...ORGANIZATIONAL ISSUES...POLICY FIGHTS AND EGO TRIPS THAT WILL CONSUME HIS FIRST FEW YEARS IN OFFICE, EVEN AS THE NATION SPIRALS EVER DOWNWARD.
OBAMA HAS BEEN VERY RELECTANT TO TAKE ON WALL STREET...RATHER, IMPLYING HE'S THE TYPE OF GUY WHO WILL "PLAY BALL" TO STAY IN POWER...
I SENSE THAT POWER DOES NOT IMPRESS THE CLINTONS' THAT MUCH...THEY'VE HAD IT...LOST IT...AND TOOK IT BACK AGAIN...
IF YOU THINK OF HILLARY AS ANOTHER BORING "FUNCTIONARY" ... LIKE LBJ WAS...
AND IF YOU THINK OF OBAMA AS A BLACK VERSION OF JIMMY CARTER...PLUCKED FROM OBSCURITY TO TAKE THE WHITE HOUSE IN A TIME OF ECONOMIC MALISE...
WELL... MAYBE THE BUBBA BLUE COLLAR TYPES HAVE A POINT...?
PERHAPS, DULL, OLD BORING HILLARY AND BILL ARE JUST WHAT AMERICA NEEDS...!
I ALWAYS SECRETLY RESPECT THE UNTRAINED WISDOM OF THE MOB...
YOU'LL SEE THIS OVER AND OVER...WITH JURIES AND IN ELECTIONS...
NO, NOT REAL "JUSTICE" ... BY THE BOOK.
BUT A "SUBSTANTIVE" JUSTICE...
NOT BASED IN TECHNICALITIES...BUT SIMPLE SPEECH AND SIMPLE REASONING...WITH SIMPLE QUESTIONS...WITH EASY ANSWERS...
THE GREAT UNWASHED ARE "CONNECTED" IN A WAY THAT WE "BOOK TRAINED" TYPES SOMETIMES CAN'T UNDERSTAND...
THERE IS AN ARGUMENT FOR HILLARY OUT THERE...
THE UNWASHED MOB DOES NOT REALLY TRUST OBAMA...PERHAPS AS THE VP...OK. BUT PREZ...? NOT YET.
BUT POOR HILLARY...SHE WHO SURVIVED THE "BLOW JOB" IMPEACHMENT...THAT WOULD HAVE SHAMED MOST OF US INTO LIVING IN A HERMITAGE!
SHE WHO MOVED ON...TO THE SENATE. AND SAVED HER MARRIAGE
THAT TOOK GUTS!! ....AND COURAGE!!
SOME PEOPLE ARE IMPRESSED WITH THIS...
MAYBE EVEN ME.
BIG FORD RALLY FOR MARKETS...
ANYTHING WILL DO TO THROW THIS MARKET INTO "RALLY MODE."
THE CASH IS THERE...NOW ALL THAT'S NEEDED IS THE EXCUSE TO RALLY.
WITH A BIG OIL AND GOLD BASH GOING TODAY...RESORTING TO STOCKS AGAIN FOR THE REST OF THE DAY COULD BE THE INSIDE TRADE.
THE CASH IS THERE...NOW ALL THAT'S NEEDED IS THE EXCUSE TO RALLY.
WITH A BIG OIL AND GOLD BASH GOING TODAY...RESORTING TO STOCKS AGAIN FOR THE REST OF THE DAY COULD BE THE INSIDE TRADE.
BUBBA WANTS BULLSHIT...NOT DEMOCRAT ELITIST "TRUTH!"
ATTENTION DEMOCRATS...!!
WHAT YOU ASSHOLES DON'T SEE IS THAT "THE TRUTH" IS ELITIST!!
BUBBA AND THE FLY-OVER-STUPIDS WANT BULLSHIT...
FLAG PINS! QUEER BASHING! GUN TALK! VIDEOS OF THINGS BEING BLOWN UP IN RAG-HEAD COUNTRIES...! PROVIDE IT...!
OR, PREPARE TO LOSE YET GAIN!
AND FORGET "HEALTH CARE" AND "JOBS"...EVERY BUBBA KNOWS THAT AIN'T GONNA HAPPEN!
WHEN ARE YOU FUCKING "QUICHE EATERS" GOING TO "GET IT?"
I MEAN WHAT THE FUCK WILL IT TAKE...?
GO SIT IN ONE OF THOSE FUCKED UP BURGER KINGS OFF THE I-70 INTERSTATE!!
OR PAY SOME ASSHOLE TO TAPE RECORD THE "MORNING COFFEE" CONVERSATIONS THAT HAPPEN WHEN THE MEDIA ELITES AREN'T THERE...AND EVERYONE AIN'T TRYING TO "TALK GOOD!!"
YOU MIGHT LEARN SOMETHING!
WHAT YOU ASSHOLES DON'T SEE IS THAT "THE TRUTH" IS ELITIST!!
BUBBA AND THE FLY-OVER-STUPIDS WANT BULLSHIT...
FLAG PINS! QUEER BASHING! GUN TALK! VIDEOS OF THINGS BEING BLOWN UP IN RAG-HEAD COUNTRIES...! PROVIDE IT...!
OR, PREPARE TO LOSE YET GAIN!
AND FORGET "HEALTH CARE" AND "JOBS"...EVERY BUBBA KNOWS THAT AIN'T GONNA HAPPEN!
WHEN ARE YOU FUCKING "QUICHE EATERS" GOING TO "GET IT?"
I MEAN WHAT THE FUCK WILL IT TAKE...?
GO SIT IN ONE OF THOSE FUCKED UP BURGER KINGS OFF THE I-70 INTERSTATE!!
OR PAY SOME ASSHOLE TO TAPE RECORD THE "MORNING COFFEE" CONVERSATIONS THAT HAPPEN WHEN THE MEDIA ELITES AREN'T THERE...AND EVERYONE AIN'T TRYING TO "TALK GOOD!!"
YOU MIGHT LEARN SOMETHING!
DEMOCRATIC NOMINATION AIN'T WORTH SHIT NOW!
THE DEMOCRATS SIMPLY WILL NOT PULL IN THE ASSHOLES AND BUBBAS IN FLY OVER COUNTRY...
THESE PEOPLE WANT RESPECT FOR THE FLAG...EVEN IF THEIR JOBS ARE GOING TO CHINA.
THE DEMOCRATS STILL DON'T REALIZE THAT: "THE TRUTH" IS AN ELITIST NOTION... SO THEY AERE DOOMED TO BEING PERPETUALLY "SURPRISED" AT THE REACTION OF THE GREAT IGNORANT UNWASHED IN THE BOONDOCKS...
BULLSHIT IS WHAT THE BUBBAS WANT...AND THE REPUBLICAN PARTY IS A BOTTOMLESS PIT OF BULLSHIT...!
AND BUBBA WILL EAT IT WILL A SPOON IN NOVEMBER AND ASK FOR MORE!!
THESE PEOPLE WANT RESPECT FOR THE FLAG...EVEN IF THEIR JOBS ARE GOING TO CHINA.
THE DEMOCRATS STILL DON'T REALIZE THAT: "THE TRUTH" IS AN ELITIST NOTION... SO THEY AERE DOOMED TO BEING PERPETUALLY "SURPRISED" AT THE REACTION OF THE GREAT IGNORANT UNWASHED IN THE BOONDOCKS...
BULLSHIT IS WHAT THE BUBBAS WANT...AND THE REPUBLICAN PARTY IS A BOTTOMLESS PIT OF BULLSHIT...!
AND BUBBA WILL EAT IT WILL A SPOON IN NOVEMBER AND ASK FOR MORE!!
SAVE DOW CHARTS FOR POSTERITY: AS A WARNING!!
THESE DAILY DOW CHARTS SHOULD BE PUT IN A TIME CAPSULE FOR FUTURE GENERATIONS TO STUDY...
WE LIVE IN INTERESTING TIMES...!
WE LIVE IN INTERESTING TIMES...!
APPLE vs STARBUCKS.
APPLE IS THE BETTER LIAR HANDS DOWN....ALWAYS HAS BEEN...AND ALWAYS WILL BE.
STARBUCK'S AND AMAZON ARE THE NEXT VICTIMS OF THE BERNANKE DOLLAR BUBBLE...THAT IS KILLING THE CONSUMER AT THE GAS PUMP.
STARBUCK'S AND AMAZON ARE THE NEXT VICTIMS OF THE BERNANKE DOLLAR BUBBLE...THAT IS KILLING THE CONSUMER AT THE GAS PUMP.
TO CHAOTIC TO CALL...
FOR THE REST OF THE SUMMER VERY LIKELY THE MARKETS WILL BE TOO CHAOTIC TO CALL UNDER ANY RATIONAL SYSTEM...
GOLD, OIL AND THE DOLLAR ARE BOUNCING AROUND LIKE GOLF BALLS HIT IN A SMALL BATHROOM...!
THERE IS ABSOLUTELY NO LOGIC TO THE ACTION IN GOLD, OIL AND THE DOLLAR NOW...
IT SEEMS THAT THE MARKET MASTERS ARE "WORKING" ONE MARKET...AND THEN THE OTHER... IN HOPES OF SAVING THE REMAINS OF THE NOW FAILED SYSTEM...
BUT NOTHING IS "GELLING" INTO A COHERENT STORY AS YET...
THE INTERNAL CONTRADICITONS IN THIS MARKET ARE SO GREAT THAT THIS THING IS GOING TO JUST CONTINUE ACCELERATING AND GRINDING THE GEARS... UNTIL, MERCIFULLY.... THE FLY WHEEL COMES OFF...AND THE GEAR BOX FALLS ON THE PAVEMENT!!
GOLD, OIL AND THE DOLLAR ARE BOUNCING AROUND LIKE GOLF BALLS HIT IN A SMALL BATHROOM...!
THERE IS ABSOLUTELY NO LOGIC TO THE ACTION IN GOLD, OIL AND THE DOLLAR NOW...
IT SEEMS THAT THE MARKET MASTERS ARE "WORKING" ONE MARKET...AND THEN THE OTHER... IN HOPES OF SAVING THE REMAINS OF THE NOW FAILED SYSTEM...
BUT NOTHING IS "GELLING" INTO A COHERENT STORY AS YET...
THE INTERNAL CONTRADICITONS IN THIS MARKET ARE SO GREAT THAT THIS THING IS GOING TO JUST CONTINUE ACCELERATING AND GRINDING THE GEARS... UNTIL, MERCIFULLY.... THE FLY WHEEL COMES OFF...AND THE GEAR BOX FALLS ON THE PAVEMENT!!
STOCK TOUTS FIGHT BACK...
THIS COULD BE AN INTERESTING SUMMER...
WE ARE SEEING MASSIVE TOUTING IN THE FACE OF ALMOST CERTAIN COLLAPSE...
WE HAVE HAD THE TALE OF TWO MARKETS BEFORE...BUT NEVER LIKE THIS.
TO GET THROUGH IT...JUST FOLLOW THE DOLLAR, GOLD AND OIL.
EVERYTHING ELSE IS BULLSHIT... THE PRICE OF OIL AND THE DOLLAR WILL TELL YOU EVERYTHING...EVERYTHING!!...YOU NEED TO KNOW.
THE ACCELERATING DECLINE OF THE US MANUFACTURING JOBS IS ALSO OF GREAT INTEREST...
TOTALLY IGNORE: BROKERAGE UPGRADES, "BEATING EXPECTATIONS," CEO BULLSHIT, AND THE DELUGE OF "TOUT STORIES" THAT WILL FLOOD THE FINANCIAL PRESS THIS SUMMER...
AND MOST OF ALL PREPARE FOR THE MC CAIN PRESIDENCY IN NOVEMBER WHICH COULD BRING A SWIFT END TO ANY SUPPORT FOR THE US DOLLAR AND SEND GOLD PRICES TO $2000 IN A FLASH!
WE ARE SEEING MASSIVE TOUTING IN THE FACE OF ALMOST CERTAIN COLLAPSE...
WE HAVE HAD THE TALE OF TWO MARKETS BEFORE...BUT NEVER LIKE THIS.
TO GET THROUGH IT...JUST FOLLOW THE DOLLAR, GOLD AND OIL.
EVERYTHING ELSE IS BULLSHIT... THE PRICE OF OIL AND THE DOLLAR WILL TELL YOU EVERYTHING...EVERYTHING!!...YOU NEED TO KNOW.
THE ACCELERATING DECLINE OF THE US MANUFACTURING JOBS IS ALSO OF GREAT INTEREST...
TOTALLY IGNORE: BROKERAGE UPGRADES, "BEATING EXPECTATIONS," CEO BULLSHIT, AND THE DELUGE OF "TOUT STORIES" THAT WILL FLOOD THE FINANCIAL PRESS THIS SUMMER...
AND MOST OF ALL PREPARE FOR THE MC CAIN PRESIDENCY IN NOVEMBER WHICH COULD BRING A SWIFT END TO ANY SUPPORT FOR THE US DOLLAR AND SEND GOLD PRICES TO $2000 IN A FLASH!
STUDENT LOAN DEBACLE: LAST GASP OF FAILED SYSTEM
THE DESPERATE EFFORTS TO "SAVE" THE STUDENT LOAN PROGRAMS ARE THE LAST GASPS OF A CREDIT SYSTEM IN NEAR TOTAL COLLAPSE...
MOST OF THESE STUDENT LOANS WILL BE DEFAULTED ON...BECAUSE THERE ARE NO "LIVING WAGE" JOBS LEFT IN THE AMERICAN ECONOMY NOW...
EVERYTHING IS FAILING EVERYWHERE...
EVEN THE "TECH JOBS" WHICH FAVORED THE YOUNG...BECAUSE TECH WAS "JUST INVENTED"...ARE LEAVING FOR INDIA AND ASIA NOW...
MOST TECHIES WILL BE POURING COFFEE AT STARBUCKS ... IF THEY ARE LUCKY...
BUT NOW EVEN STARBUCK'S IS GOING THE WAY OF BOSTON CHICKEN!!
REMEMBER, THE "OFFICE PARK GIRLS" ARE BEING "ADVISED" TO SKIP THEIR $4 COFFEES... AND PUT THAT MONEY INTO THEIR 401Ks...
SO THEY CAN SUPPORT THE INSURANCE LOBBY IN THEIR FUCKED UP OLD AGE!!
WELL I SENSE THE 401K SYSTEM WILL BE COMPLETELY COLLAPSED BEFORE THAT HAPPENS.
ONE DISASTER WILL FOLLOW ANOTHER NOW IN CLOSE ORDER...
ONLY THE MC CAIN PRESIDENCY CAN SAVE AMERICA NOW...
BECAUSE ONLY MC CAIN CAN TRASH AMERICA SO COMPLETELY THAT EVEN THE RED STATE ASSHOLES WILL SEE THE NEED FOR AN ABANDONMENT OF THIS NOW UTTERLY FAILED SYSTEM...
ONLY MC CAIN CAN GIVE US THE RATIONALE TO THE MOVE TOWARD THE "NEW PROGRESSIVE ERA" THAT IS LOOMING OVER OUR ALAS NOW GLOOMY HORIZON..
MOST OF THESE STUDENT LOANS WILL BE DEFAULTED ON...BECAUSE THERE ARE NO "LIVING WAGE" JOBS LEFT IN THE AMERICAN ECONOMY NOW...
EVERYTHING IS FAILING EVERYWHERE...
EVEN THE "TECH JOBS" WHICH FAVORED THE YOUNG...BECAUSE TECH WAS "JUST INVENTED"...ARE LEAVING FOR INDIA AND ASIA NOW...
MOST TECHIES WILL BE POURING COFFEE AT STARBUCKS ... IF THEY ARE LUCKY...
BUT NOW EVEN STARBUCK'S IS GOING THE WAY OF BOSTON CHICKEN!!
REMEMBER, THE "OFFICE PARK GIRLS" ARE BEING "ADVISED" TO SKIP THEIR $4 COFFEES... AND PUT THAT MONEY INTO THEIR 401Ks...
SO THEY CAN SUPPORT THE INSURANCE LOBBY IN THEIR FUCKED UP OLD AGE!!
WELL I SENSE THE 401K SYSTEM WILL BE COMPLETELY COLLAPSED BEFORE THAT HAPPENS.
ONE DISASTER WILL FOLLOW ANOTHER NOW IN CLOSE ORDER...
ONLY THE MC CAIN PRESIDENCY CAN SAVE AMERICA NOW...
BECAUSE ONLY MC CAIN CAN TRASH AMERICA SO COMPLETELY THAT EVEN THE RED STATE ASSHOLES WILL SEE THE NEED FOR AN ABANDONMENT OF THIS NOW UTTERLY FAILED SYSTEM...
ONLY MC CAIN CAN GIVE US THE RATIONALE TO THE MOVE TOWARD THE "NEW PROGRESSIVE ERA" THAT IS LOOMING OVER OUR ALAS NOW GLOOMY HORIZON..
FED RATE CUTS GOING BACK TO 1%!! GAS AT $5 LOOMS!!
THE FED SIMPLY CAN NOT STOP CUTTING RATES NOW...
AND OIL CAN'T STOP RISING...OR THE DOLLAR FALLING.
THERE IS AN AIR OF INEVITABILITY TO EVERYTHING NOW.
AND OIL CAN'T STOP RISING...OR THE DOLLAR FALLING.
THERE IS AN AIR OF INEVITABILITY TO EVERYTHING NOW.
Wednesday, April 23, 2008
BERNANKE AND THE DOLLAR...
THE NOTION THAT IF BERNANKE STOPS FUCKING THE DOLLAR NEXT WEEK...
THE DOLLAR WILL RISE... AND OIL PRICES FALL IS...WELL...INTERESTING...
SORT OF LIKE GRASPING AT STRAWS WHEN THE SHIP HAS SUNK.
THE DOLLAR WILL RISE... AND OIL PRICES FALL IS...WELL...INTERESTING...
SORT OF LIKE GRASPING AT STRAWS WHEN THE SHIP HAS SUNK.
RUFF SEES GLOBAL COLLAPSE!!!
ALL THE MORE REASON TO START LOOKING FOR A CHEAP APARTMENT IN PRAGUE...
EAT SHIT AMERICA!
YOU VOTED FOR BUSH TWICE...
NOW WALLOW IN YOUR STUPIDITY...! YOU FAT ASS PIGS...
ENJOY...
NOW WALLOW IN YOUR STUPIDITY...! YOU FAT ASS PIGS...
ENJOY...
IF BERNANKE STOPS CUTTING RATES NEXT WEEK THE MARKETS WILL PLUNGE!!
TOUGH LUV...FOR THE STREET...?
NO FUCKIN WAY...! THE STREET WILL PANIC IF THE FED STOPS CUTTING NOW...
NO FUCKIN WAY...! THE STREET WILL PANIC IF THE FED STOPS CUTTING NOW...
DOW BECOMES A WHACK JOB...
WHAT THE FUCK...? OK, TRY THIS...
THE PUNCH BOWL IS FULL...BUT THE SHIP IS SINKING...
THE FED "GOAL" HAS TO BE A FLAT LINE UNTIL THE CREDIT MESS IS FIGURED OUT... MASSIVE ASSET INFLATION ANYWHERE...ESPECAILLY THE DOW...COULD BE "BAD FOR" COMMODITIES...READ THAT AS: OIL!!
THE PUNCH BOWL IS FULL...BUT THE SHIP IS SINKING...
THE FED "GOAL" HAS TO BE A FLAT LINE UNTIL THE CREDIT MESS IS FIGURED OUT... MASSIVE ASSET INFLATION ANYWHERE...ESPECAILLY THE DOW...COULD BE "BAD FOR" COMMODITIES...READ THAT AS: OIL!!
BUBBA LOGIC WILL ELECT MC CAIN...
THE RESULTS IN PENNSYLVANIA PROVE YET AGAIN THAT MC CAIN WILL BE THE NEXT PRESIDENT...
CONSIDER:
THE LOWER CLASS, UNEDUCATED "BUBBA LOGIC" FAVORS HILLARY OVER OBAMA...
OBAMA IS WAY TOO "ELITEIST" FOR THE AVERAGE AMERICAN "STUPID"...
YOU KNOW, THE TYPE THAT WATCHES THE "REALITY SHOWS" ..."IDOL"
AND THE OTHER BULLSHIT ON AMERICAN TELEVISION....
(AMAZINGLY THEY ACTUALLY "LIKE" THAT CRAP!! AND CAN'T GET ENOUGH OF IT REALLY!)
THESE BUBBA'S ARE NOT REAL ENGAGED...AND NEVER TALK AT AN INTELLECTUAL LEVEL ABOUT ANYTHING...JUST LISTEN TO CONVERSATIONS AT THE LOCAL BURGER KING WHEN THE "SENIORS" AND UNEMPLOYED BUBBAS ARE "CHATTING."
YOU CAN SEE THAT THEIR REASONING IS ALL FUCKED UP...AND THEY ARE NOT REALLY DOING A LOT OF DEEP THINKING ABOUT WHAT THE FUCK IS GOING ON...
OK...HOLD THAT THOUGHT...
HERE'S WHY MC CAIN WINS BIG....
THE SAME BUBBA LOGIC THAT MOVES THE GREAT UNWASHED TO "CHOOSE" HILLARY OVER OBAMA....
WILL KICK IN TO "CHOOSE" MC CAIN OVER HILLARY...!! IT'S INEVITABLE!
DON'T YOU SEE IT?
THESE BUBBAS WILL VOTE FOR HILLARY IN THE DEMOCRATIC PRIMARY...
IT'S THEIR ONLY "LOGICAL" STUPID VOTE...!
BUT, THESE SAME STUPIDS WILL FLOCK TO MC CAIN IN THE GENERAL ELECTION...FOR THE SAME REASONS THEY FLOCKED TO HILLARY IN THE PRIMARY...!
THESE PEOPLE HATE CHANGE...THEY WANT TO GO BACK TO THE PAST...
IN HILLARY'S CASE...THE CLINTON YEARS....IN MC CAINS CASE PERHAPS THE RAY-GUN YEARS...
IN NOVEMBER;
GIVEN THE CHOICE OF GOING BACK TO BLOW JOB BILL AND THE CLINTONS...THE AMERICAN STUPIDS WILL FLOCK TO MC CAIN...
AND PERHAPS THE FALSE PROMISE OF A RETURN TO "RAY-GUN-ESQUE "STRENGTH" AND "RESPECT" IN THE WORLD...THAT MC CAIN OFFERS...
MC CAIN IS THE NEXT PRESIDENT...
THE PENNSYLVANIA PRIMARY LAST NIGHT....PROVED IT!!
BUBBA LOGIC RULES!!!
BUBBA LOGIC IS MASSIVELY PRO-MC CAIN AT THE END OF THE DAY!!
AND HUGELY ANTI HILLARY...
AND NATURALLY THEY WOULD NEVER VOTE FOR--- "THE BLACK GUY!!"
POSTSCIRPT: A LOT OF PEOPLE I KNOW ARE WORKING ON PASSPORTS AND VISAS TO GET THE FUCK OUT OF HERE AFTER THE ELECTION... IF WE CAN AFFORD THE GAS TO LEAVE! LOL.
AMERICA WILL ENTER A NEW "DARK AGE" AFTER THIS ELECTION...! IT'S REALLY NOT GOING TO BE WORTH "HANGING AROUND" AFTER MC CAIN IS IN THE WHITE HOUSE....BEST TO JUST READ ABOUT IT IN THE PAPERS AT SOME "CIVILIZED" CAFE IN EUROLAND OR ASIA...! IT'S TIME FOR THE "EXIT STRATEGY"...
CONSIDER:
THE LOWER CLASS, UNEDUCATED "BUBBA LOGIC" FAVORS HILLARY OVER OBAMA...
OBAMA IS WAY TOO "ELITEIST" FOR THE AVERAGE AMERICAN "STUPID"...
YOU KNOW, THE TYPE THAT WATCHES THE "REALITY SHOWS" ..."IDOL"
AND THE OTHER BULLSHIT ON AMERICAN TELEVISION....
(AMAZINGLY THEY ACTUALLY "LIKE" THAT CRAP!! AND CAN'T GET ENOUGH OF IT REALLY!)
THESE BUBBA'S ARE NOT REAL ENGAGED...AND NEVER TALK AT AN INTELLECTUAL LEVEL ABOUT ANYTHING...JUST LISTEN TO CONVERSATIONS AT THE LOCAL BURGER KING WHEN THE "SENIORS" AND UNEMPLOYED BUBBAS ARE "CHATTING."
YOU CAN SEE THAT THEIR REASONING IS ALL FUCKED UP...AND THEY ARE NOT REALLY DOING A LOT OF DEEP THINKING ABOUT WHAT THE FUCK IS GOING ON...
OK...HOLD THAT THOUGHT...
HERE'S WHY MC CAIN WINS BIG....
THE SAME BUBBA LOGIC THAT MOVES THE GREAT UNWASHED TO "CHOOSE" HILLARY OVER OBAMA....
WILL KICK IN TO "CHOOSE" MC CAIN OVER HILLARY...!! IT'S INEVITABLE!
DON'T YOU SEE IT?
THESE BUBBAS WILL VOTE FOR HILLARY IN THE DEMOCRATIC PRIMARY...
IT'S THEIR ONLY "LOGICAL" STUPID VOTE...!
BUT, THESE SAME STUPIDS WILL FLOCK TO MC CAIN IN THE GENERAL ELECTION...FOR THE SAME REASONS THEY FLOCKED TO HILLARY IN THE PRIMARY...!
THESE PEOPLE HATE CHANGE...THEY WANT TO GO BACK TO THE PAST...
IN HILLARY'S CASE...THE CLINTON YEARS....IN MC CAINS CASE PERHAPS THE RAY-GUN YEARS...
IN NOVEMBER;
GIVEN THE CHOICE OF GOING BACK TO BLOW JOB BILL AND THE CLINTONS...THE AMERICAN STUPIDS WILL FLOCK TO MC CAIN...
AND PERHAPS THE FALSE PROMISE OF A RETURN TO "RAY-GUN-ESQUE "STRENGTH" AND "RESPECT" IN THE WORLD...THAT MC CAIN OFFERS...
MC CAIN IS THE NEXT PRESIDENT...
THE PENNSYLVANIA PRIMARY LAST NIGHT....PROVED IT!!
BUBBA LOGIC RULES!!!
BUBBA LOGIC IS MASSIVELY PRO-MC CAIN AT THE END OF THE DAY!!
AND HUGELY ANTI HILLARY...
AND NATURALLY THEY WOULD NEVER VOTE FOR--- "THE BLACK GUY!!"
POSTSCIRPT: A LOT OF PEOPLE I KNOW ARE WORKING ON PASSPORTS AND VISAS TO GET THE FUCK OUT OF HERE AFTER THE ELECTION... IF WE CAN AFFORD THE GAS TO LEAVE! LOL.
AMERICA WILL ENTER A NEW "DARK AGE" AFTER THIS ELECTION...! IT'S REALLY NOT GOING TO BE WORTH "HANGING AROUND" AFTER MC CAIN IS IN THE WHITE HOUSE....BEST TO JUST READ ABOUT IT IN THE PAPERS AT SOME "CIVILIZED" CAFE IN EUROLAND OR ASIA...! IT'S TIME FOR THE "EXIT STRATEGY"...
Tuesday, April 22, 2008
BIG MARKET CORRECTIONSLOOMS...?
THERE IS SOMETHING SERIOUSLY WRONG WITH THE NEW BERNANKE STOCK MARKET...
MY HUNCH IS THAT SOME KIND OF BIG "REALITY CHECK" IS COMING ... AND SOON.
SOMETHING ABOUT THIS MARKET SMELLS ROTTEN... EVEN IF EVERYTHING
LOOKS OK...ON THE SURFACE.
BASICALLY THE REAL MACRO NUMBERS ARE DISMAL...YET THE PARTY CONTINUES AND THE PUNCHBOWL IS FILLED TO OVERFLOWING...
THIS IS DECADENCE ON STEROIDS...
MY HUNCH IS THAT SOME KIND OF BIG "REALITY CHECK" IS COMING ... AND SOON.
SOMETHING ABOUT THIS MARKET SMELLS ROTTEN... EVEN IF EVERYTHING
LOOKS OK...ON THE SURFACE.
BASICALLY THE REAL MACRO NUMBERS ARE DISMAL...YET THE PARTY CONTINUES AND THE PUNCHBOWL IS FILLED TO OVERFLOWING...
THIS IS DECADENCE ON STEROIDS...
WILL DOLLAR AT 160 ON EURO BE AN EPHIPHANY?
IT'S HARD TO SAY...
THIS MARKET SEEMS IMMUNE TO ANY KIND OF REALITY NOW...
EPHIPHANIES COME AND GO... PERHAPS THE DOLLAR AT 160 WILL ONLY LEAD TO THE DOLLAR AT 170...
AND THE FED BEAT GOES ON...EVEN AS MAIN STREET IS CLOSING DOWN ON HIGH GAS PRICES...
ANOTHER SIX MONTHS SHOULD FLUSH THIS ECONOMIC TOILET THAT WE ARE IN... WE'LL SEE.
THIS MARKET SEEMS IMMUNE TO ANY KIND OF REALITY NOW...
EPHIPHANIES COME AND GO... PERHAPS THE DOLLAR AT 160 WILL ONLY LEAD TO THE DOLLAR AT 170...
AND THE FED BEAT GOES ON...EVEN AS MAIN STREET IS CLOSING DOWN ON HIGH GAS PRICES...
ANOTHER SIX MONTHS SHOULD FLUSH THIS ECONOMIC TOILET THAT WE ARE IN... WE'LL SEE.
OUR DOWNWARD UPWARD SPIRAL CONTINUES....
NEVER HAVE THINGS BEEN SO GREAT ...AND SO DISMAL...ALL AT THE SAME TIME.
BASICALLY THE FED IS GIVING WALL STREET ANYTHING AND EVERYTHING IT WANTS...AND THEN SOME.
AND THAT IS THE PROBLEM...
THERE IS NO DISCIPLINE ANYMORE...IT'S ALL TOO EASY... THE MONEY THAT IS.
THIS IS NOT THE MARKET AS "JUNGLE" WITH THE SURVIVAL OF THE FITTEST...
THIS IS A MARKET AS A KINDERGARDEN.... WITH PAMPERED TOTS THAT DON'T REALLY KNOW WHAT TO DO NEXT...
THE BIG DADDY FED KEEPS FILLING THE PUNCH BOWL AND BUYING THE BOOZE... AND THE KIDS JUST KEEP PARTYING! THERE IS NO MORAL HAZARD ANYMORE...
THE DOWNWARD PATH IS CLEAR ON THE MACRO LEVEL.... YET THE MARKET KEEPS "SURGING" BECAUSE IT'S "SUPPOSED TO."
THERE IS A SERIOUS DISCONNECT AT THE FED AND ON WALL STREET FROM THE REAL FIX THAT THEY ARE IN...
BASICALLY THE FED IS GIVING WALL STREET ANYTHING AND EVERYTHING IT WANTS...AND THEN SOME.
AND THAT IS THE PROBLEM...
THERE IS NO DISCIPLINE ANYMORE...IT'S ALL TOO EASY... THE MONEY THAT IS.
THIS IS NOT THE MARKET AS "JUNGLE" WITH THE SURVIVAL OF THE FITTEST...
THIS IS A MARKET AS A KINDERGARDEN.... WITH PAMPERED TOTS THAT DON'T REALLY KNOW WHAT TO DO NEXT...
THE BIG DADDY FED KEEPS FILLING THE PUNCH BOWL AND BUYING THE BOOZE... AND THE KIDS JUST KEEP PARTYING! THERE IS NO MORAL HAZARD ANYMORE...
THE DOWNWARD PATH IS CLEAR ON THE MACRO LEVEL.... YET THE MARKET KEEPS "SURGING" BECAUSE IT'S "SUPPOSED TO."
THERE IS A SERIOUS DISCONNECT AT THE FED AND ON WALL STREET FROM THE REAL FIX THAT THEY ARE IN...
Monday, April 21, 2008
WHAT STOPS OIL'S SURGE....AND THE DOLLAR'S PLUNGE?
ONLY HIGHER RATES BY THE FED TO "PROTECT THE DOLLAR....!"
SORRY, BUT THAT IS THE ONLY WAY OUT OF THIS FOOL'S PARADISE THAT BERNANKE AND THE FED ARE IN RIGHT NOW...
SORRY, BUT THAT IS THE ONLY WAY OUT OF THIS FOOL'S PARADISE THAT BERNANKE AND THE FED ARE IN RIGHT NOW...
FRIDAY'S MOONSHOT REVERSED ON MONDAY
AND SO IT GOES...
I UNDERSTAND MONDAY...BUT FRIDAY'S ACTION DEFIES EXPLANATION...
CAN A FULL PUNCH BOWL REALLY BRING HAPPINESS...? OR JUST ANOTHER HANGOVER?
I UNDERSTAND MONDAY...BUT FRIDAY'S ACTION DEFIES EXPLANATION...
CAN A FULL PUNCH BOWL REALLY BRING HAPPINESS...? OR JUST ANOTHER HANGOVER?
DOLLAR KISSING 160 ON EURO...
WHY DO WE BOTHER HOLDING THIS PIECE OF CRAP... DUMP INTO GOLD OR THE EURO...
AND HOLD OUT FOR THE FED'S "GREAT AWAKENING" LATER THIS YEAR...
AND HOLD OUT FOR THE FED'S "GREAT AWAKENING" LATER THIS YEAR...
FIVE DOLLAR GAS BY LABOR DAY... OIL & GOLD SOAR
YET BERNANKE CONTINUES TO PRINT MONEY...MAINLY FOR THE BIG BANKS...AND LOWER RATES...
EASY MONEY IN THE FACE OF AN IMPENDING INFLATION DISASTER!!
WHAT'S WRONG WITH THAT PICTURE...
THE BERNANKE FALLACY IS THAT THE US ECONOMY CAN NOT SURVIVE WITHOUT IT'S BELOVED ASSET BUBBLES...
AND HE MAY BE RIGHT...THERE IS VERY VERY LITTLE LEFT IN THE US ECONOMY NOW...
BUT WITH THE DOLLAR ...NOT SHY...ABOUT FALLING...
THIS REASONING HAS A SHELF LIFE ONLY A BIT LONGER THAN A LOAF OF BREAD!!
THE GRIM FACTS ARE THAT THIS IS 1972... AND WE ARE EASING INTO A CRISIS OF CONFIDENCE IN THE FED OF HISTORIC PROPORTIONS...
THE ONLY PROBLEM IS THAT THE US ECONOMY IS MUCH MUCH WEAKER NOW...FROM A MACRO ECONOMIC STANDPOINT...THAN IT WAS IN 1972...
IN 1972 "MADE IN USA" WAS A GLOBAL BRAND...IT WAS EVERYWHERE...YOU COULD NOT ESCAPE IT!
TODAY, "MADE IN USA" IS ONLY FOUND IN THE ANTIQUE SHOPS!!
US EXPORTS TODAY ARE MAINLY "POST/PRE-INDUSTRIAL" THINGS LIKE SCRAP METAL, PULP PAPER, AGRICULTURAL "RAW" PRODUCT...ETC.
ALL HIGH MARGIN "VALUE ADDED" WORK IS DONE IN THE LOW WAGE COUNTRIES NOW...
THANKS TO THE TOTAL DOMINATION OF INTERNATIONAL CAPITAL IN THE US MARKETS.
SORRY AMERICA AND AMERICANS .... YOU LOSE!!
EASY MONEY IN THE FACE OF AN IMPENDING INFLATION DISASTER!!
WHAT'S WRONG WITH THAT PICTURE...
THE BERNANKE FALLACY IS THAT THE US ECONOMY CAN NOT SURVIVE WITHOUT IT'S BELOVED ASSET BUBBLES...
AND HE MAY BE RIGHT...THERE IS VERY VERY LITTLE LEFT IN THE US ECONOMY NOW...
BUT WITH THE DOLLAR ...NOT SHY...ABOUT FALLING...
THIS REASONING HAS A SHELF LIFE ONLY A BIT LONGER THAN A LOAF OF BREAD!!
THE GRIM FACTS ARE THAT THIS IS 1972... AND WE ARE EASING INTO A CRISIS OF CONFIDENCE IN THE FED OF HISTORIC PROPORTIONS...
THE ONLY PROBLEM IS THAT THE US ECONOMY IS MUCH MUCH WEAKER NOW...FROM A MACRO ECONOMIC STANDPOINT...THAN IT WAS IN 1972...
IN 1972 "MADE IN USA" WAS A GLOBAL BRAND...IT WAS EVERYWHERE...YOU COULD NOT ESCAPE IT!
TODAY, "MADE IN USA" IS ONLY FOUND IN THE ANTIQUE SHOPS!!
US EXPORTS TODAY ARE MAINLY "POST/PRE-INDUSTRIAL" THINGS LIKE SCRAP METAL, PULP PAPER, AGRICULTURAL "RAW" PRODUCT...ETC.
ALL HIGH MARGIN "VALUE ADDED" WORK IS DONE IN THE LOW WAGE COUNTRIES NOW...
THANKS TO THE TOTAL DOMINATION OF INTERNATIONAL CAPITAL IN THE US MARKETS.
SORRY AMERICA AND AMERICANS .... YOU LOSE!!
Sunday, April 20, 2008
IT'S GAS PRICES, STUPID!!
GAS IS STARTING TO BITE THE ECONOMY... AND BITE IT HARD.
THE NOTION THAT COMPANIES COULD "IGNORE" GAS PRICES WHEN PRICING PRODUCTS IS STARTING TO CRUMBLE...
MY UNSCIENTIFIC POLLING SAYS THAT THE "NEW THINKING" IN BUSINESS IS THAT PRODUCT PRICES MUST RISE TO REFLECT THE NEW HIGHER GAS PRICES...THAT COULD VERY WELL BE THE BACKGROUND NOISE FOR THE REST OF THIS YEAR...
GAS IS REALLY STARTING TO KICK IN NOW
THE NOTION THAT COMPANIES COULD "IGNORE" GAS PRICES WHEN PRICING PRODUCTS IS STARTING TO CRUMBLE...
MY UNSCIENTIFIC POLLING SAYS THAT THE "NEW THINKING" IN BUSINESS IS THAT PRODUCT PRICES MUST RISE TO REFLECT THE NEW HIGHER GAS PRICES...THAT COULD VERY WELL BE THE BACKGROUND NOISE FOR THE REST OF THIS YEAR...
GAS IS REALLY STARTING TO KICK IN NOW
UK JOINS BAILOUT BANDWAGON...
WESTERN CURRENCIES WILL NEVER BE THE SAME AFTER THIS...
THE US AND THE UK ARE ON THE SKIDS... THE EURO ZONE SEEMS TO BE THE FUTURE...ONLY THEY ARE RESPECTING THE RULES OF CENTRAL BANKING.
RUSSIA, ARABY AND CHINA SEEM TO BE IN THE CATBIRD SEAT FOR THE FIRST HALF OF THIS NEW CENTURY.
WHAT IS BEING MISSED IS THAT A BAILOUT DOES NOT SOLVE "THE PROBLEM"...IT ONLY CREATES ANOTHER PROBLEM...!
THE US AND THE UK ARE ON THE SKIDS... THE EURO ZONE SEEMS TO BE THE FUTURE...ONLY THEY ARE RESPECTING THE RULES OF CENTRAL BANKING.
RUSSIA, ARABY AND CHINA SEEM TO BE IN THE CATBIRD SEAT FOR THE FIRST HALF OF THIS NEW CENTURY.
WHAT IS BEING MISSED IS THAT A BAILOUT DOES NOT SOLVE "THE PROBLEM"...IT ONLY CREATES ANOTHER PROBLEM...!
Friday, April 18, 2008
BULLSHITING THE DOLLAR HIGHER...!!
SOMEONE'S WORKING AN AGENDA HERE...!!
WE KNOW THAT BERNANKE'S NEW MONEY CAN "SAVE" THE PAPER ASSET MARKETS...ESPECIALLY WHEN THE MONEY IS TARGETED ON THOSE MARKETS...
BUT WILL THE "NEW PAPER BUBBLE" BE ENOUGH TO GENERATE A DEMAND FOR THE DOLLAR...
...THAT WILL OFF SET THE HYPER-LIQUIDITY INFLATION FEEDBACK LOOP IN OIL AND OTHER HARD ASSETS...?
THAT IS THE REAL QUESTION FOR THIS SUMMER...
MY HUNCH IS THAT THIS THING IS TOO FAR GONE NOW TO CHANGE THE UNDERLYING MACRO FUNDAMENTALS...
SO WHILE A FEW HYPE-DAZE CAN BE GENERATED IN THE MSM... THE LONGER TERM DAMAGE IS IN PLACE...
IN SHORT, IT WON'T WORK...ANY INCREASE IN THE DOLLAR VIA THE BULLSHIT ROUTE...CAN BE IGNORED.
WE KNOW THAT BERNANKE'S NEW MONEY CAN "SAVE" THE PAPER ASSET MARKETS...ESPECIALLY WHEN THE MONEY IS TARGETED ON THOSE MARKETS...
BUT WILL THE "NEW PAPER BUBBLE" BE ENOUGH TO GENERATE A DEMAND FOR THE DOLLAR...
...THAT WILL OFF SET THE HYPER-LIQUIDITY INFLATION FEEDBACK LOOP IN OIL AND OTHER HARD ASSETS...?
THAT IS THE REAL QUESTION FOR THIS SUMMER...
MY HUNCH IS THAT THIS THING IS TOO FAR GONE NOW TO CHANGE THE UNDERLYING MACRO FUNDAMENTALS...
SO WHILE A FEW HYPE-DAZE CAN BE GENERATED IN THE MSM... THE LONGER TERM DAMAGE IS IN PLACE...
IN SHORT, IT WON'T WORK...ANY INCREASE IN THE DOLLAR VIA THE BULLSHIT ROUTE...CAN BE IGNORED.
OIL ON FIRE....!! THEY ARE WORKING GOLD BASH TODAY.
HOW OIL SOARS AND GOLD PLUNGES....IS, WELL....
BERNANKESQUE...!!
LET IT BLEED.... THE BAND PLAYED ON....
I CAN'T EXPLAIN ANYTHING NOW.... WE ARE IN TOTALLY UNCHARTED WATERS HERE...
I DO KNOW HOW THIS WILL END THOUGH...
VERY VERY BADLY!!
BUT FROM HERE TO THERE....I DON'T HAVE A CLUE....
BERNANKESQUE...!!
LET IT BLEED.... THE BAND PLAYED ON....
I CAN'T EXPLAIN ANYTHING NOW.... WE ARE IN TOTALLY UNCHARTED WATERS HERE...
I DO KNOW HOW THIS WILL END THOUGH...
VERY VERY BADLY!!
BUT FROM HERE TO THERE....I DON'T HAVE A CLUE....
MOONSHIT...!!
YIPPEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!
AS WE USED TO SAY IN 1999!!!!!!!!!!!!!!!!!!!!!!!!1
AS WE USED TO SAY IN 1999!!!!!!!!!!!!!!!!!!!!!!!!1
Thursday, April 17, 2008
MARKETS TREAD WATER IN AMPLE FED LIQUIDITY.
ALL DRESSED UP...BUT NO WHERE TO GO...
THE NOTION SEEMS TO BE TO "PLAY THROUGH THE PAIN"...
AND HOPE FOR "SOMETHING" LATER THIS YEAR...
BUT WHAT...? PROBABLY HUGE INFLATION AS IT NOW APPEARS...
YADA YADA....
THE NOTION SEEMS TO BE TO "PLAY THROUGH THE PAIN"...
AND HOPE FOR "SOMETHING" LATER THIS YEAR...
BUT WHAT...? PROBABLY HUGE INFLATION AS IT NOW APPEARS...
YADA YADA....
NEW GOLD MOONSHOT STARTING...?
IT VERY WELL COULD BE...
THERE IS NOTHING "REAL" OR "MACRO" TO STOP IT...
AND CURRENT BULLSHIT ONLY GOES SO FAR AND LASTS SO LONG...
THERE IS NOTHING "REAL" OR "MACRO" TO STOP IT...
AND CURRENT BULLSHIT ONLY GOES SO FAR AND LASTS SO LONG...
Wednesday, April 16, 2008
BULLSHIT RULES...
I HAVE NO EXPLANATION FOR THIS...
WE ARE IN SUCH MEDIA CRAP MODE NOW THAT RATIONAL PROJECTIONS ARE IMPOSSIBLE...
HOWEVER I WILL SAY THAT I CONSIDER THIS "RALLY" MORE OF A DISEASE...THAN A BENEFIT... SOMETHING VERY VERY SICK IS HAPPENING NOW...
WHAT IT IS WE WILL SEE LATER THIS YEAR... FRANKLY READING THE FINANCIAL PRESS IS LIKE READING SOMETHING FROM ANOTHER PLANET... I MEAN WHAT IN HELL ARE THESE PEOPLE YAPPING ABOUT...?
THE NEAR TOTAL ABSENCE OF REALITY FROM THE MSM NOW IS TRULY AMAZING AND UNIQUE...
I'M SURE FUTURE HISTORIANS WILL WANT TO STUDY THIS EVENTUALLY....BUT EVERY SO OFTEN MARKETS CAN MAKE THEIR OWN "INTERNAL REALITY"....CALL IT MASS HYSTERIA IF YOU WANT. OR THE EMPEROR'S NEW CLOTHES...
NEVERTHELESS IT HAPPENS...
STAY TUNED... YOU KNOW G&D ALWAYS GETS IT RIGHT IN THE LONG RUN...
WE ARE IN SUCH MEDIA CRAP MODE NOW THAT RATIONAL PROJECTIONS ARE IMPOSSIBLE...
HOWEVER I WILL SAY THAT I CONSIDER THIS "RALLY" MORE OF A DISEASE...THAN A BENEFIT... SOMETHING VERY VERY SICK IS HAPPENING NOW...
WHAT IT IS WE WILL SEE LATER THIS YEAR... FRANKLY READING THE FINANCIAL PRESS IS LIKE READING SOMETHING FROM ANOTHER PLANET... I MEAN WHAT IN HELL ARE THESE PEOPLE YAPPING ABOUT...?
THE NEAR TOTAL ABSENCE OF REALITY FROM THE MSM NOW IS TRULY AMAZING AND UNIQUE...
I'M SURE FUTURE HISTORIANS WILL WANT TO STUDY THIS EVENTUALLY....BUT EVERY SO OFTEN MARKETS CAN MAKE THEIR OWN "INTERNAL REALITY"....CALL IT MASS HYSTERIA IF YOU WANT. OR THE EMPEROR'S NEW CLOTHES...
NEVERTHELESS IT HAPPENS...
STAY TUNED... YOU KNOW G&D ALWAYS GETS IT RIGHT IN THE LONG RUN...
GOLD RESUMES RISE...
THE STREET IS UNNATURALLY HAPPY...BUT THAT IS JUST THE WAY THINGS ARE.
THE FED HAS STUFFED THE STREET WITH NEW CASH...BUT MY HUNCH IS THAT IT'S ALL GOING TO RESULT IN MASSIVE REAL ECONOMY INFLATION LATER THIS SUMMER...
NOT TOO MANY PEOPLE ARE GOING TO SPECULATE IN US PAPER ASSETS...FOR THE LONGER TERM...
THIS IS JUST SPIN IT, WIN IT...AND GO SPEND IT ON A HARD ASSET!!
THE FED HAS STUFFED THE STREET WITH NEW CASH...BUT MY HUNCH IS THAT IT'S ALL GOING TO RESULT IN MASSIVE REAL ECONOMY INFLATION LATER THIS SUMMER...
NOT TOO MANY PEOPLE ARE GOING TO SPECULATE IN US PAPER ASSETS...FOR THE LONGER TERM...
THIS IS JUST SPIN IT, WIN IT...AND GO SPEND IT ON A HARD ASSET!!
REAL ECONOMY SLAMMED BY WEAK DOLLAR!!
IT'S THE SAME OLD FED STORY... TRASH MAIN STREET TO SAVE WALL STREET...
BUT THIS TIME IT'S OUT OF CONTROL...
THERE WILL BE NO SALVATION FOR THE DOLLAR NOW... THE STRUCTURAL DAMAGE IN THE ECONOMY...WHICH WAS NOT SO BAD IN THE 1970'S ....IS NOW PERMANENT...
"CHEAP LABOR" FREE TRADE GLOBALISM...IS NOT WHAT CAUSED THE DAMAGE IN THE 70'S... IT IS NOW!
TODAY IS VERY VERY DIFFERENT... EVEN IF RATES ARE RAISED TO INDUCE BUYING OF DOLLARS...AS IN THE 70'S...THE UNDERLYING US ECONOMY IS SO DAMAGED BY IT'S STRUCTURAL TRADE AND BUDGET DEFICITS THAT FEW WOULD CONSIDER THE US A LONG TERM PLACE TO PARK MONEY.
BUT THIS TIME IT'S OUT OF CONTROL...
THERE WILL BE NO SALVATION FOR THE DOLLAR NOW... THE STRUCTURAL DAMAGE IN THE ECONOMY...WHICH WAS NOT SO BAD IN THE 1970'S ....IS NOW PERMANENT...
"CHEAP LABOR" FREE TRADE GLOBALISM...IS NOT WHAT CAUSED THE DAMAGE IN THE 70'S... IT IS NOW!
TODAY IS VERY VERY DIFFERENT... EVEN IF RATES ARE RAISED TO INDUCE BUYING OF DOLLARS...AS IN THE 70'S...THE UNDERLYING US ECONOMY IS SO DAMAGED BY IT'S STRUCTURAL TRADE AND BUDGET DEFICITS THAT FEW WOULD CONSIDER THE US A LONG TERM PLACE TO PARK MONEY.
BERNANKE'S FOOL'S PARADISE...JUST RUNNING OUT THE CLOCK?
BERNANKE'S MONETARY POLICY SEEMS DESIGNED TO RUN OUT THE CLOCK ON REPUBLICAN RULE IN WASHINGTON AND HAND THE NEXT GOVERNMENT THE WORST POSSIBLE ECONOMIC MESS...
BUT, THE NOTION THAT THE FED IS OPERATING SOLELY FOR THE BENEFIT OF WALL STREET...AND TOTALLY IGNORING IT'S REAL MANDATE TO PROTECT THE DOLLAR AND PREVENT INFLATION IS JUST INCREDIBLE...
THE VERY FIRST MOVE BY THE NEXT DEMOCRATIC PRESIDENT SHOULD BE TO START REMOVAL ACTIONS AGAINST BERNANKE... HIS DAMAGE TO THE DOLLAR MAY BE IRREVERSIBLE...BUT WE WILL NEVER KNOW UNLESS AND UNTIL THE FED'S CURRENT "WIEMAR" POLICIES ARE CHANGED...
THE ASSET INFLATION THAT BERNANKE'S POLICIES ARE "RESTORING" ARE GOING TO BE THE KISS OF DEATH FOR THE AMERICAN ECONOMY... AND MUCH SOONER THAN MANY THINK...!
BUT, THE NOTION THAT THE FED IS OPERATING SOLELY FOR THE BENEFIT OF WALL STREET...AND TOTALLY IGNORING IT'S REAL MANDATE TO PROTECT THE DOLLAR AND PREVENT INFLATION IS JUST INCREDIBLE...
THE VERY FIRST MOVE BY THE NEXT DEMOCRATIC PRESIDENT SHOULD BE TO START REMOVAL ACTIONS AGAINST BERNANKE... HIS DAMAGE TO THE DOLLAR MAY BE IRREVERSIBLE...BUT WE WILL NEVER KNOW UNLESS AND UNTIL THE FED'S CURRENT "WIEMAR" POLICIES ARE CHANGED...
THE ASSET INFLATION THAT BERNANKE'S POLICIES ARE "RESTORING" ARE GOING TO BE THE KISS OF DEATH FOR THE AMERICAN ECONOMY... AND MUCH SOONER THAN MANY THINK...!
Tuesday, April 15, 2008
OIL UP $2 TODAY...!!!
THE WORST PREDICTIONS SEEM TO BE COMING TRUE...
THE DECISIONS BERNANAKE IS GOING TO MAKE THIS YEAR WILL BE HISTORIC!!
WE ARE ON THE EDGE OF HISTORY NOW...
MAKE NO MISTAKE ABOUT IT... THIS IS 1971 REVISITED...BUT WITH A WORSE RESULT!!
THE DECISIONS BERNANAKE IS GOING TO MAKE THIS YEAR WILL BE HISTORIC!!
WE ARE ON THE EDGE OF HISTORY NOW...
MAKE NO MISTAKE ABOUT IT... THIS IS 1971 REVISITED...BUT WITH A WORSE RESULT!!
BERNANKE FIDDLES WHILE OIL BURNS UP MAIN STREET...
HE MAY HAVE SAVED WALL STREET...BUT HE DESTROYED MAIN STREET!!
FED CASH SAVES WALL STREET...BUT DOOMS DOLLAR! MASSIVE INFLATION LOOMS!!
BY OPTING TO "PRINT MONEY" TO SAVE THE BUBBLES THE FED HAS FINALLY GIVEN US THE INFLATION THAT HAS BEEN LONG PREDICTED...
AS NOTED HERE...THIS IS NOT A MARKET THAT WILL "CRASH" ANYTIME SOON...
HOWEVER I SEE NOTHING TO STOP THE RELENTLESS ADVANCE OF OIL AND GAS PRICES AS THE DOLLAR SPIRALS DOWNWARD BECAUSE OF FED INCOMPETENCE...
NONE OF THIS SHOULD BE SURPRISING TO READERS OF THIS SITE! WE KNOW WHERE THIS IS GOING...AND HOW IT WILL END.
THIS IS 1971 REVISITED...
AS NOTED HERE...THIS IS NOT A MARKET THAT WILL "CRASH" ANYTIME SOON...
HOWEVER I SEE NOTHING TO STOP THE RELENTLESS ADVANCE OF OIL AND GAS PRICES AS THE DOLLAR SPIRALS DOWNWARD BECAUSE OF FED INCOMPETENCE...
NONE OF THIS SHOULD BE SURPRISING TO READERS OF THIS SITE! WE KNOW WHERE THIS IS GOING...AND HOW IT WILL END.
THIS IS 1971 REVISITED...
MORE BULLSHIT FROM BROOKS...
THEY ACTUALLY PAY HIM FOR WRITING THIS CRAP...?
THE "PROBLEM" THAT IS OUT OF CONTROL IS "INTERNATIONAL CAPITAL!!"
WHICH HAS NO CONTACT WITH OR CONCERN FOR... THE LOCAL ECONOMIES THAT IT LOOTS...!
WHAT THE FUCK...SOMEONES GOT TO THINK ABOUT THE ROADS, SCHOOLS AND LOCAL HOSPITALS!! AND PENSIONS FOR THE ELDERLY AND DISABLED.
BUT WHO MR. BROOKS?
YOU WON'T FIND THAT QUESTION IN THE FREE TRADE BULLSHIT BIBLE THAT BROOKS AND OTHER STOOGES FOR INTERNATIONAL CAPITAL ARE SPOUTING...
THE "PROBLEM" THAT IS OUT OF CONTROL IS "INTERNATIONAL CAPITAL!!"
WHICH HAS NO CONTACT WITH OR CONCERN FOR... THE LOCAL ECONOMIES THAT IT LOOTS...!
WHAT THE FUCK...SOMEONES GOT TO THINK ABOUT THE ROADS, SCHOOLS AND LOCAL HOSPITALS!! AND PENSIONS FOR THE ELDERLY AND DISABLED.
BUT WHO MR. BROOKS?
YOU WON'T FIND THAT QUESTION IN THE FREE TRADE BULLSHIT BIBLE THAT BROOKS AND OTHER STOOGES FOR INTERNATIONAL CAPITAL ARE SPOUTING...
MASSIVE "BERNANKE" LIQUIDITY AND SPIN WILL "SAVE THE MARKETS!"
ANYONE EXPECTING A "CRASH" ON BAD NEWS IS DELUDING THEMSELVES...
THIS MARKET HAS TONS OF BAD NEWS .... AND IT'S STILL MOVING UP OR TREADING WATER...MAINLY BASED ON THE FEDS PROMISE TO FINANCE THE WALL STREET BUBBLES...FIRST AND FOREMOST AND AT ANY COST!!
EVEN AT THE COST OF A WEAK DOLLAR WITH RESULTING HUGE INFLATION FOR ORDINARY PEOPLE (AKA "THE SUCKERS") IN THE REAL ECONOMY...
THIS MARKET HAS TONS OF BAD NEWS .... AND IT'S STILL MOVING UP OR TREADING WATER...MAINLY BASED ON THE FEDS PROMISE TO FINANCE THE WALL STREET BUBBLES...FIRST AND FOREMOST AND AT ANY COST!!
EVEN AT THE COST OF A WEAK DOLLAR WITH RESULTING HUGE INFLATION FOR ORDINARY PEOPLE (AKA "THE SUCKERS") IN THE REAL ECONOMY...
AMAZON AVOIDS RECESSION...?
THE AVERAGE AMAZON BUYER IS A BIT MORE UPSCALE THAN MOST OTHER RETAILERS. A "GOOD THING" IN A RECESSION...!
FURTHER, THE USE OF THE INTERNET FOR SHOPPING IS RAPIDLY INCREASING .... AS MORE PEOPLE TRY IT ....AND REALIZE THAT IT REALLY WORKS!
THE INTERNET GIVES EVERYONE ACCESS TO THE MOST UNIQUE SHOPS AND ITEMS... NO LONGER DO YOU HAVE TO LIVE IN NYC OR CHICAGO TO SHOP FOR RARE, UNIQUE OR DIFFICULT TO FIND ITEMS...
FOR SHOPPING IT MAKES NO DIFFERENCE NOW IF YOU LIVE IN FARGO OR LONDON! ...(EXCEPT OF COURSE FOR ENTERTAINMENT VENUES)
JUST GOOGLE IT...FIND THE GLOBAL SOURCE...AND IT'S IN YOUR MAIL BOX IN ABOUT A WEEK...!
THREE CLICKS AND YOUR DONE...BEATS DRIVING TO THE BIG BOX STORES WITH THEIR SLACKER AND EMO --"SALES TEAMS"...!
OR, WALKING AROUND IN A TACKY PUBLIC MALL FOR SEVERAL HOURS...
NOT TOO MENTION...THE GAS AND TIME SPENT GETTING THERE AND BACK IN TRAFFIC...
AMAZON HAS BECOME THE GLOBAL "MALL OF THE WORLD...!"
24.7.365
FURTHER, THE USE OF THE INTERNET FOR SHOPPING IS RAPIDLY INCREASING .... AS MORE PEOPLE TRY IT ....AND REALIZE THAT IT REALLY WORKS!
THE INTERNET GIVES EVERYONE ACCESS TO THE MOST UNIQUE SHOPS AND ITEMS... NO LONGER DO YOU HAVE TO LIVE IN NYC OR CHICAGO TO SHOP FOR RARE, UNIQUE OR DIFFICULT TO FIND ITEMS...
FOR SHOPPING IT MAKES NO DIFFERENCE NOW IF YOU LIVE IN FARGO OR LONDON! ...(EXCEPT OF COURSE FOR ENTERTAINMENT VENUES)
JUST GOOGLE IT...FIND THE GLOBAL SOURCE...AND IT'S IN YOUR MAIL BOX IN ABOUT A WEEK...!
THREE CLICKS AND YOUR DONE...BEATS DRIVING TO THE BIG BOX STORES WITH THEIR SLACKER AND EMO --"SALES TEAMS"...!
OR, WALKING AROUND IN A TACKY PUBLIC MALL FOR SEVERAL HOURS...
NOT TOO MENTION...THE GAS AND TIME SPENT GETTING THERE AND BACK IN TRAFFIC...
AMAZON HAS BECOME THE GLOBAL "MALL OF THE WORLD...!"
24.7.365
VEGAS RETURNS TO THE DESERT...
WALK AWAYS MOUNT...
OWNING A HOME IS NO FUN WHEN IT 'S NOT YOUR PERSONAL HOME EQUITY ATM MACHINE ANYMORE...!
REMEMBER IN SOME AREAS HOUSE PRICES WERE GOING UP 20% PER YEAR...AND REFI'S WERE CHEAP AND EASY...!!
ON A $400,000 ZERO DOWN HOUSE PURCHASE...THAT MEANT YOU COULD REFI....$80,000 PER YEAR IN EQUITY FOR "MAD MONEY" EVERY YEAR!!
ALL FOR THE MERE PRICE OF PAYING INTEREST ONLY ON $400,000 AT THOSE VERY VERY LOW "GREENSPAN" RATES... (AIN'T BUBBLES GRAND!)
WHY WORK!!
BUY AN "INVESTMENT HOUSE" AND LIVE IT UP!! HIT THE CASINOS!
TOWARD THE END OF THE BUBBLE VEGAS WAS FILLED WITH CALIFORNIA REAL ESTATE MILLIONAIRES...WHO "CUT OVERHEAD" BY LIVING IN NEVADA...BUT STILL HAD REAL ESTATE IN CALIFORNIA...WHERE THE BUBBLE WAS THE WORST...
THE NEVADA BUBBLE WAS, TO SOME EXTENT, AN ECHO BUBBLE OF CALIFORNIA...
OWNING A HOME IS NO FUN WHEN IT 'S NOT YOUR PERSONAL HOME EQUITY ATM MACHINE ANYMORE...!
REMEMBER IN SOME AREAS HOUSE PRICES WERE GOING UP 20% PER YEAR...AND REFI'S WERE CHEAP AND EASY...!!
ON A $400,000 ZERO DOWN HOUSE PURCHASE...THAT MEANT YOU COULD REFI....$80,000 PER YEAR IN EQUITY FOR "MAD MONEY" EVERY YEAR!!
ALL FOR THE MERE PRICE OF PAYING INTEREST ONLY ON $400,000 AT THOSE VERY VERY LOW "GREENSPAN" RATES... (AIN'T BUBBLES GRAND!)
WHY WORK!!
BUY AN "INVESTMENT HOUSE" AND LIVE IT UP!! HIT THE CASINOS!
TOWARD THE END OF THE BUBBLE VEGAS WAS FILLED WITH CALIFORNIA REAL ESTATE MILLIONAIRES...WHO "CUT OVERHEAD" BY LIVING IN NEVADA...BUT STILL HAD REAL ESTATE IN CALIFORNIA...WHERE THE BUBBLE WAS THE WORST...
THE NEVADA BUBBLE WAS, TO SOME EXTENT, AN ECHO BUBBLE OF CALIFORNIA...
DEFINE "LONG RECESSION?"....PERHAPS "DEPRESSION" IS THE WORD!!
THE NOTION THAT THIS "RECESSION" WILL BE LONG IS INTERESTING...
I'D CALL THAT A DEPRESSION...!!
BECAUSE, WE ARE ENTERING A VAST ECONOMIC DARK AGE WHILE THE WORLD TRIES TO FIGURE OUT WHAT THE FUCK WENT WRONG...
WELL, FOR OPENERS...A LOT OF IT IS OBVIOUS...
THE US FAILED TO PROTECT IT'S MARKETS...MAKING IN EFFECT THE SAME MISTAKE THAT THE BRITISH DID BACK IN THE 19THE CENTURY... BASICALLY THE GREED TOOK OVER AND NO ONE COULD STOP IT...
UNTIL THE WHOLE MESS COLLAPSES FROM IT'S INTERNAL CONTRADICTIONS!
BUT:
SO AS NOT TO BE CONSTANTLY NEGATIVE... CONSIDER:
I SUGGEST SOME TARIFFS ON ALL OF THESE "CHEAP LABOR" GOODS...
JUST TO PAY FOR THE RESTORATION OF THE AMERICAN MIDDLE CLASS...
AND MUCH HIGHER TAXES ON THE VASTLY WEALTHY...WHO BENEFITED MOST FROM THE RECENT DISASTEROUS ASSET INFLATION...DURING THE GREENSPAN BUBBLES.
SINGLE PAYER NATIONAL HEALTH CARE WOULD DO WONDERS ASAP TO RESTORE AMERICAN COMPETITIVENESS IN THE WORLD...
SOCIAL SECURITY SHOULD BE MEANS TESTED...AND THE "CAP" SHOULD GO TO $500,000.
AND SOCIAL SECURITY SHOULD BE CALLED A "PENSION TAX"...NOT A TRUST FUND WHICH IT NEVER WAS...AND NEVER WILL BE. YOU ARE NOT REALLY "PAYING INTO" ANYTHING...LETS DROP THE LEGAL FICTION AND GET REAL.
MANUFACTURING HAS TO BE ENCOURAGED IN THE US...WITHOUT HIGH VALUE ADDED PRODUCTION THERE IS NO WAY THE SET THINGS RIGHT...
AND AMERICA'S NEW "INFANT INDUSTRIES" SHOULD HAVE A SMALL TARIFF ADVANTAGE...SINCE AFTER ALL THEY ARE PAYING TAXES FOR LOCAL ROADS, SCHOOLS, WELFARE AND HEALTH EXPENSES FOR THE POOR...
WHAT THE FUCK DOES CHINA PAY TOWARD THE AMERICAN "SOCIAL INFRASTRUCTURE??"
NOTHING!!
SO THERE ARE GOOD SOLUTIONS...BUT WE HAVE TO GET OUT OF THE BULLSHIT IN THE BARNYARD BEFORE WE CAN EVEN BEGIN TO IMPLEMENT ANY OF THEM...
I AM HOPING THAT A MC CAIN PRESIDENCY WILL SO DESTROY THE NATION...THAT EVEN THE STUPIDEST REPUBLICAN "RED STATE" ASSHOLE WILL FINALLY SEE THE LIGHT AND DEMAND THAT THE LOOTING BE STOPPED...
BUT WE AREN'T THERE YET...
WE NEED A ONE TERM MC CAIN PRESIDENCY TO FOCUS THE MINDS OF AMERICA'S VAST STUPID MAJORITY WHO STILL THINK THAT "GAY MARRIAGE" IS THE MOST IMPORTANT ISSUE...
I PERSONALLY DON'T VOTE...BECAUSE I FIND THE CURRENT PROCESS OF "MONEY AS FREE SPEECH" INSULTING TO ME...
BUT I WILL SUPPORT, ENCOURAGE AND PROMOTE A MC CAIN PRESIDENCY FROM NOW ON!!
ONLY MC CAIN CAN TRASH THIS COUNTRY IN A WAY THAT WILL RESULT IN A "NEW DAWN" SOMETIME IN THE NEAR FUTURE... (CALL IT "CREATIVE DESTRUCTION?")
BUT THERE IS A LOT OF SUFFERING TO BE DONE BEFORE THAT HAPPY DAY IS UPON US...!
I'D CALL THAT A DEPRESSION...!!
BECAUSE, WE ARE ENTERING A VAST ECONOMIC DARK AGE WHILE THE WORLD TRIES TO FIGURE OUT WHAT THE FUCK WENT WRONG...
WELL, FOR OPENERS...A LOT OF IT IS OBVIOUS...
THE US FAILED TO PROTECT IT'S MARKETS...MAKING IN EFFECT THE SAME MISTAKE THAT THE BRITISH DID BACK IN THE 19THE CENTURY... BASICALLY THE GREED TOOK OVER AND NO ONE COULD STOP IT...
UNTIL THE WHOLE MESS COLLAPSES FROM IT'S INTERNAL CONTRADICTIONS!
BUT:
SO AS NOT TO BE CONSTANTLY NEGATIVE... CONSIDER:
I SUGGEST SOME TARIFFS ON ALL OF THESE "CHEAP LABOR" GOODS...
JUST TO PAY FOR THE RESTORATION OF THE AMERICAN MIDDLE CLASS...
AND MUCH HIGHER TAXES ON THE VASTLY WEALTHY...WHO BENEFITED MOST FROM THE RECENT DISASTEROUS ASSET INFLATION...DURING THE GREENSPAN BUBBLES.
SINGLE PAYER NATIONAL HEALTH CARE WOULD DO WONDERS ASAP TO RESTORE AMERICAN COMPETITIVENESS IN THE WORLD...
SOCIAL SECURITY SHOULD BE MEANS TESTED...AND THE "CAP" SHOULD GO TO $500,000.
AND SOCIAL SECURITY SHOULD BE CALLED A "PENSION TAX"...NOT A TRUST FUND WHICH IT NEVER WAS...AND NEVER WILL BE. YOU ARE NOT REALLY "PAYING INTO" ANYTHING...LETS DROP THE LEGAL FICTION AND GET REAL.
MANUFACTURING HAS TO BE ENCOURAGED IN THE US...WITHOUT HIGH VALUE ADDED PRODUCTION THERE IS NO WAY THE SET THINGS RIGHT...
AND AMERICA'S NEW "INFANT INDUSTRIES" SHOULD HAVE A SMALL TARIFF ADVANTAGE...SINCE AFTER ALL THEY ARE PAYING TAXES FOR LOCAL ROADS, SCHOOLS, WELFARE AND HEALTH EXPENSES FOR THE POOR...
WHAT THE FUCK DOES CHINA PAY TOWARD THE AMERICAN "SOCIAL INFRASTRUCTURE??"
NOTHING!!
SO THERE ARE GOOD SOLUTIONS...BUT WE HAVE TO GET OUT OF THE BULLSHIT IN THE BARNYARD BEFORE WE CAN EVEN BEGIN TO IMPLEMENT ANY OF THEM...
I AM HOPING THAT A MC CAIN PRESIDENCY WILL SO DESTROY THE NATION...THAT EVEN THE STUPIDEST REPUBLICAN "RED STATE" ASSHOLE WILL FINALLY SEE THE LIGHT AND DEMAND THAT THE LOOTING BE STOPPED...
BUT WE AREN'T THERE YET...
WE NEED A ONE TERM MC CAIN PRESIDENCY TO FOCUS THE MINDS OF AMERICA'S VAST STUPID MAJORITY WHO STILL THINK THAT "GAY MARRIAGE" IS THE MOST IMPORTANT ISSUE...
I PERSONALLY DON'T VOTE...BECAUSE I FIND THE CURRENT PROCESS OF "MONEY AS FREE SPEECH" INSULTING TO ME...
BUT I WILL SUPPORT, ENCOURAGE AND PROMOTE A MC CAIN PRESIDENCY FROM NOW ON!!
ONLY MC CAIN CAN TRASH THIS COUNTRY IN A WAY THAT WILL RESULT IN A "NEW DAWN" SOMETIME IN THE NEAR FUTURE... (CALL IT "CREATIVE DESTRUCTION?")
BUT THERE IS A LOT OF SUFFERING TO BE DONE BEFORE THAT HAPPY DAY IS UPON US...!
GAS AND GOLD OFF THE CHARTS...!
I DON'T NEED GOLD...
BUT I DO BUY GAS...AND IT'S UP BIG TIME IN THE US IN THE LAST TWO WEEKS...
EXPECT SOME SERIOUS CONSUMER SPENDING ISSUES TO BE ARISING SOON!!
AND THE SUMMER TOURING SEASON...? FORGET IT!! PEOPLE WILL DEFINITELY STAY CLOSE TO HOME AT THESE PRICES...
WE HAVE CROSSED WELL ABOVE $3.50 IN MOST AREAS...
BUT I DO BUY GAS...AND IT'S UP BIG TIME IN THE US IN THE LAST TWO WEEKS...
EXPECT SOME SERIOUS CONSUMER SPENDING ISSUES TO BE ARISING SOON!!
AND THE SUMMER TOURING SEASON...? FORGET IT!! PEOPLE WILL DEFINITELY STAY CLOSE TO HOME AT THESE PRICES...
WE HAVE CROSSED WELL ABOVE $3.50 IN MOST AREAS...
Monday, April 14, 2008
WATCH GOLD, OIL AND THE DOLLAR. THE REST IS BULLSHIT!
THESE ARE THE ONLY STABLE...AND "REAL" MEASURES OF WHAT'S HAPPENING.
CASH STUFFED MARKETS CAN'T FALL...
THERE SIMPLY WILL NOT BE A DECLINE IN THE MAJOR AVERAGES THIS YEAR...
THE WEAK DOLLAR WILL BE USED TO "SUPPORT" ASSET PRICES... NET NET NO MONEY WILL BE MADE BUT THE ILLUSION OF PROSPERITY CAN BE SUSTAINED FOR A LITTLE WHILE.
IT'S ALL ABOUT SMOKE AND MIRRORS NOW...AND GETTING TO THE NEXT QUARTER...CASHING OUT...AND PASSING THE PROBLEMS TO THE NEXT GUY HOLDING THE BAG...
THE DOLLAR IS INDEFENSIBLE NOW AND IS BEING USED TO EASE THE US ECONOMY INTO IT'S INEVITABLE SECOND CLASS STATUS...
GOLD IS STILL THE BEST DEFENSE...AS IT ALWAYS HAS BEEN. ANY DIPS WOULD BE BUYING OPPORTUNITIES.
THE NOTION THAT BERNANKE COULD JUST START RAISING RATES AND IT WOULD ALL OK...ALA VOLCKER IN THE LATE 70'S...MIGHT NOT WORK THIS TIME...
VOLCKER HAD A "REAL ECONOMY" TO WORK WITH IN THE 70'S WHICH WAS REALLY..."TOO HEALTHY" FROM THE STANDPOINT OF THE WORKING CLASSES...
THAT IS NOT TRUE TODAY... THE LOOTING HAS GONE ON FOR SO LONG AND THE DEINDUSTRIALIZAION "SOLUTION" TO INFLATION IS SO DEEP...THAT JUST RAISING RATES NOW MIGHT NOT HELP THE DOLLAR OR THE ECONOMY MUCH...
THE WEAK DOLLAR WILL BE USED TO "SUPPORT" ASSET PRICES... NET NET NO MONEY WILL BE MADE BUT THE ILLUSION OF PROSPERITY CAN BE SUSTAINED FOR A LITTLE WHILE.
IT'S ALL ABOUT SMOKE AND MIRRORS NOW...AND GETTING TO THE NEXT QUARTER...CASHING OUT...AND PASSING THE PROBLEMS TO THE NEXT GUY HOLDING THE BAG...
THE DOLLAR IS INDEFENSIBLE NOW AND IS BEING USED TO EASE THE US ECONOMY INTO IT'S INEVITABLE SECOND CLASS STATUS...
GOLD IS STILL THE BEST DEFENSE...AS IT ALWAYS HAS BEEN. ANY DIPS WOULD BE BUYING OPPORTUNITIES.
THE NOTION THAT BERNANKE COULD JUST START RAISING RATES AND IT WOULD ALL OK...ALA VOLCKER IN THE LATE 70'S...MIGHT NOT WORK THIS TIME...
VOLCKER HAD A "REAL ECONOMY" TO WORK WITH IN THE 70'S WHICH WAS REALLY..."TOO HEALTHY" FROM THE STANDPOINT OF THE WORKING CLASSES...
THAT IS NOT TRUE TODAY... THE LOOTING HAS GONE ON FOR SO LONG AND THE DEINDUSTRIALIZAION "SOLUTION" TO INFLATION IS SO DEEP...THAT JUST RAISING RATES NOW MIGHT NOT HELP THE DOLLAR OR THE ECONOMY MUCH...
Sunday, April 13, 2008
"CREATIVE DESTRUCTION" FOR MAIN STREET...BUT NOT WALL STREET.
THERE HAS BEEN A REVISION OF THE CONSERVATIVE CREED OF "CREATIVE DESTRUCTION"...
IT APPEARS THAT CREATIVE DESTRUCTION IS ONLY FOR "ORDINARY PEOPLE" AND MAIN STREET BUSINESSES... BERNANKE AS MUCH AS SAID SO THIS WEEK!
BUT WHEN IT COMES TO WALL STREET, THE RICH, AND THE INVESTMENT BANKS LIKE BEAR AND OTHERS...
IT'S THE WELFARE STATE ....AS USUAL!!
WHAT INCREDIBLE HYPOCRISY!!
BUT THESE PEOPLE KNOW NO SHAME...
IT'S ALL ABOUT THE MONEY...THEIR MONEY, NOT YOURS!
IDEAS, PHILOSOPHIES, AND RELIGIONS, ARE JUST BULLSHIT TO CONTROL AND CONFUSE THE "LITTLE PEOPLE...!"
AND YOU CAN ADD TO THAT MIX...REPUBLICAN "SWIFT BOAT" POLITICS AND CRACK-POT MC CAIN PATRIOTISM.
IT'S BULLSHIT TO CONTROL THE GREAT UNWASHED...WHO WILL BUY INTO ANYTHING THAT DOESN'T MAKE SENSE.
BUT WHY DOES THE "BUBBA" PUBLIC ACCEPT LIES SO EASILY...?
AND REJECT THE TRUTH SO QUICKLY...? THAT IS THE GREAT QUESTION THAT NEEDS AN ANSWER...
WE WILL SEE IT AGAIN THIS ELECTION CYCLE... THE REPUBLICAN "SWIFT BOATING" IS ALREADY GOING AND WILL ONLY INCREASE...TO A FEVER PITCH LATER THIS YEAR.
MC CAIN WILL BE A 10 POINT FAVORITE BY LABOR DAY!! AND REMEMBER YOU HEARD IT HERE FIRST...
THE RESULT WILL BE A CATASTROPHIC MC CAIN PRESIDENCY... BECAUSE FOR SOME REASON THE PUBLIC WILL ALWAYS CHOOSE THE WORST POSSIBLE OPTION...!
PERHAPS ORDINARY PEOPLE ARE SO AFRAID THAT THEY ARE "BEING TRICKED" THAT THEY MAKE THE CONTRARY CHOICE PERSISTENTLY IN HOPES OF GAINING SOME ADVANTAGE ON THEIR CONTROLLING ELITES...?
SO INSTEAD OF VOTING FOR SOMEONE WHO SAYS THEY WILL PROTECT YOUR PENSION AND YOUR JOB...
MOST ORDINARY PEOPLE GO FOR THE PARTY THAT SAYS THERE ARE DANGEROUS HOMOSEXUALS TRYING TO DESTROY OUR CULTURE OF FREEDOM!
LETS FACE IT: BULLSHIT SELLS!!
AND THE TRUTH IS IGNORED...OR EVEN SEEN AS DANGEROUS.
THAT ALAS, IS THE GREAT DILEMMA FOR DEMOCRATS...PAST, PRESENT AND FUTURE. BUT TIME IS RUNNING OUT... ONE MORE CYCLE OF SWIFT BOAT POLITICS COULD DESTROY THIS COUNTRY FOREVER...
TIME IS OF THE ESSENCE.
I DON'T THINK WE ARE GOING TO MAKE IT.
IT APPEARS THAT CREATIVE DESTRUCTION IS ONLY FOR "ORDINARY PEOPLE" AND MAIN STREET BUSINESSES... BERNANKE AS MUCH AS SAID SO THIS WEEK!
BUT WHEN IT COMES TO WALL STREET, THE RICH, AND THE INVESTMENT BANKS LIKE BEAR AND OTHERS...
IT'S THE WELFARE STATE ....AS USUAL!!
WHAT INCREDIBLE HYPOCRISY!!
BUT THESE PEOPLE KNOW NO SHAME...
IT'S ALL ABOUT THE MONEY...THEIR MONEY, NOT YOURS!
IDEAS, PHILOSOPHIES, AND RELIGIONS, ARE JUST BULLSHIT TO CONTROL AND CONFUSE THE "LITTLE PEOPLE...!"
AND YOU CAN ADD TO THAT MIX...REPUBLICAN "SWIFT BOAT" POLITICS AND CRACK-POT MC CAIN PATRIOTISM.
IT'S BULLSHIT TO CONTROL THE GREAT UNWASHED...WHO WILL BUY INTO ANYTHING THAT DOESN'T MAKE SENSE.
BUT WHY DOES THE "BUBBA" PUBLIC ACCEPT LIES SO EASILY...?
AND REJECT THE TRUTH SO QUICKLY...? THAT IS THE GREAT QUESTION THAT NEEDS AN ANSWER...
WE WILL SEE IT AGAIN THIS ELECTION CYCLE... THE REPUBLICAN "SWIFT BOATING" IS ALREADY GOING AND WILL ONLY INCREASE...TO A FEVER PITCH LATER THIS YEAR.
MC CAIN WILL BE A 10 POINT FAVORITE BY LABOR DAY!! AND REMEMBER YOU HEARD IT HERE FIRST...
THE RESULT WILL BE A CATASTROPHIC MC CAIN PRESIDENCY... BECAUSE FOR SOME REASON THE PUBLIC WILL ALWAYS CHOOSE THE WORST POSSIBLE OPTION...!
PERHAPS ORDINARY PEOPLE ARE SO AFRAID THAT THEY ARE "BEING TRICKED" THAT THEY MAKE THE CONTRARY CHOICE PERSISTENTLY IN HOPES OF GAINING SOME ADVANTAGE ON THEIR CONTROLLING ELITES...?
SO INSTEAD OF VOTING FOR SOMEONE WHO SAYS THEY WILL PROTECT YOUR PENSION AND YOUR JOB...
MOST ORDINARY PEOPLE GO FOR THE PARTY THAT SAYS THERE ARE DANGEROUS HOMOSEXUALS TRYING TO DESTROY OUR CULTURE OF FREEDOM!
LETS FACE IT: BULLSHIT SELLS!!
AND THE TRUTH IS IGNORED...OR EVEN SEEN AS DANGEROUS.
THAT ALAS, IS THE GREAT DILEMMA FOR DEMOCRATS...PAST, PRESENT AND FUTURE. BUT TIME IS RUNNING OUT... ONE MORE CYCLE OF SWIFT BOAT POLITICS COULD DESTROY THIS COUNTRY FOREVER...
TIME IS OF THE ESSENCE.
I DON'T THINK WE ARE GOING TO MAKE IT.
HOUSING PRICES ARE NOT "COMING BACK."
HOUSING WAS THE LAST BIG BUBBLE...AND IT WAS HUGE..!
THOSE WHO THINK THAT HOUSE PRICES WILL "COME BACK" ANYTIME SOON ARE DELUDING THEMSELVES...
THE MAGNITUDE OF THE BUBBLE ...AT THE END...WAS SO HUGE THAT FEW 'NEW PLAYERS' COULD ENTER THE MARKET...
THIS MADE HOUSING SORT OF LIKE DOTCOM STOCKS AT THE HEIGHT OF THE INTERNET BUBBLE...
I'LL TRADE YOU TWO OF MY $500 CATS FOR YOUR $1000 DOG...!
OF COURSE THE "NEW MONEY" THAT ENTERED THIS PONZI SCHEME WAS WIPED OUT FAST...
SO TOO WITH HOUSING...LIKE ALL PONZI SCHEMES... NEW SUCKERS ARE CONSTANTLY REQUIRED...
AND WITH THE LOW WAGE "NEW GENERATION" OF AMERICAN WAGE EARNERS...THE 20 TO 35 YEARS OLDS... EITHER STILL LIVING WITH RELATIVES OR FRIENDS...OR ON RENT PERMANENTLY...THERE IS LITTLE CHANCE THAT THEY WILL BE ABLE TO AFFORD OWNING A HOME IN THE FUTURE.
HOUSE PRICES SIMPLY MUST FALL TO THE LEVEL OF AFFORDABILITY THAT WE ARE NOT SEEING FOR THE NEW GENERATION OF AMERICAN "GLOBAL" LOW WAGE WORKERS...
IN SHORT, YOU AREN'T GOING TO BUY A HOUSE WITH A $12-$15 PER HOUR JOB...OR EVEN TWO OF THEM!!
FINALLY, HOUSE PRICES ARE GOING TO HAVE TO REFLECT "REASONABLE RENTAL VALUE"....WHICH WAS THE OLD STANDARD OF VALUE...
A HOUSE IS ONLY 'WORTH'...REASONABLE AND COLLECTIBLE RENT TIMES TWELVE MONTHS...!!
NOW THAT THE SPECULATION IS OUT OF THE MARKET...A REVERSION TO THIS OLD STANDARD OF VALUATION WILL HAVE TO RETURN BEFORE ANY RECOVERY IS POSSIBLE...
BUT HERE'S THE PROBLEM...THE HOUSE MARKET AND THE WAGES MARKET ARE SO OUT OF WHACK WITH EACH OTHER THAT ONE OR THE OTHER IS GOING TO HAVE TO CHANGE....
EITHER WAGES GO UP...OR HOUSE PRICES GO DOWN TO MEET THE NEW "HONG KONG" WAGES OF AMERICAN YOUTH...!!
YES, HOUSE PRICES ARE "STICKY"...BUT WHEN THE DAMN BREAKS...AS IT IS NOW...THEY WILL GET UNSTUCK FAST...!!
BOTTOM LINE:
ON ALMOST EVERY LEVEL OF ECONOMICS...AMERICANS ARE REVERTING TO THE NORMS AND "OLD LAWS" OF VALUATION...FROM THE DOLLAR TO WAGES TO HOUSE PRICES...WE HAVE A LONG, LONG WAY TO GO...
HOW THIS IS HANDLED IN THE LARGER BANKING SYSTEM IS PROBLEMATIC...SO FAR THE "SOLUTION" HAS BEEN TO PRINT MORE MONEY...! AND THAT IS AN OMINOUS SIGN FOR THE FUTURE...
THOSE WHO THINK THAT HOUSE PRICES WILL "COME BACK" ANYTIME SOON ARE DELUDING THEMSELVES...
THE MAGNITUDE OF THE BUBBLE ...AT THE END...WAS SO HUGE THAT FEW 'NEW PLAYERS' COULD ENTER THE MARKET...
THIS MADE HOUSING SORT OF LIKE DOTCOM STOCKS AT THE HEIGHT OF THE INTERNET BUBBLE...
I'LL TRADE YOU TWO OF MY $500 CATS FOR YOUR $1000 DOG...!
OF COURSE THE "NEW MONEY" THAT ENTERED THIS PONZI SCHEME WAS WIPED OUT FAST...
SO TOO WITH HOUSING...LIKE ALL PONZI SCHEMES... NEW SUCKERS ARE CONSTANTLY REQUIRED...
AND WITH THE LOW WAGE "NEW GENERATION" OF AMERICAN WAGE EARNERS...THE 20 TO 35 YEARS OLDS... EITHER STILL LIVING WITH RELATIVES OR FRIENDS...OR ON RENT PERMANENTLY...THERE IS LITTLE CHANCE THAT THEY WILL BE ABLE TO AFFORD OWNING A HOME IN THE FUTURE.
HOUSE PRICES SIMPLY MUST FALL TO THE LEVEL OF AFFORDABILITY THAT WE ARE NOT SEEING FOR THE NEW GENERATION OF AMERICAN "GLOBAL" LOW WAGE WORKERS...
IN SHORT, YOU AREN'T GOING TO BUY A HOUSE WITH A $12-$15 PER HOUR JOB...OR EVEN TWO OF THEM!!
FINALLY, HOUSE PRICES ARE GOING TO HAVE TO REFLECT "REASONABLE RENTAL VALUE"....WHICH WAS THE OLD STANDARD OF VALUE...
A HOUSE IS ONLY 'WORTH'...REASONABLE AND COLLECTIBLE RENT TIMES TWELVE MONTHS...!!
NOW THAT THE SPECULATION IS OUT OF THE MARKET...A REVERSION TO THIS OLD STANDARD OF VALUATION WILL HAVE TO RETURN BEFORE ANY RECOVERY IS POSSIBLE...
BUT HERE'S THE PROBLEM...THE HOUSE MARKET AND THE WAGES MARKET ARE SO OUT OF WHACK WITH EACH OTHER THAT ONE OR THE OTHER IS GOING TO HAVE TO CHANGE....
EITHER WAGES GO UP...OR HOUSE PRICES GO DOWN TO MEET THE NEW "HONG KONG" WAGES OF AMERICAN YOUTH...!!
YES, HOUSE PRICES ARE "STICKY"...BUT WHEN THE DAMN BREAKS...AS IT IS NOW...THEY WILL GET UNSTUCK FAST...!!
BOTTOM LINE:
ON ALMOST EVERY LEVEL OF ECONOMICS...AMERICANS ARE REVERTING TO THE NORMS AND "OLD LAWS" OF VALUATION...FROM THE DOLLAR TO WAGES TO HOUSE PRICES...WE HAVE A LONG, LONG WAY TO GO...
HOW THIS IS HANDLED IN THE LARGER BANKING SYSTEM IS PROBLEMATIC...SO FAR THE "SOLUTION" HAS BEEN TO PRINT MORE MONEY...! AND THAT IS AN OMINOUS SIGN FOR THE FUTURE...
Friday, April 11, 2008
BUSH RUNNING OUT THE CLOCK ON IRAQ...
WELL MAYBE WHEN BUSH IS OUT OF OFFICE HE CAN "EXPLAIN HIMSELF" AT THE HAGUE...OR SOME OTHER APPROPRIATE TRIBUNAL...
A DISASTER OF THIS MAGNITUDE CAN NOT GO UN-EXAMINED....NO MATTER WHO IS PRESIDENT...
AND I SERIOUSLY DOUBT THE WORLD WILL LET BUSH GO OFF AND "CUT BRUSH" IN TEXAS...
AND JUST FORGET ABOUT THE ENTIRE IRAQ DISASTER....AFTER JANUARY 20 NEXT YEAR...
THAT'S JUST NOT THE WAY THINGS WORK...
A DISASTER OF THIS MAGNITUDE CAN NOT GO UN-EXAMINED....NO MATTER WHO IS PRESIDENT...
AND I SERIOUSLY DOUBT THE WORLD WILL LET BUSH GO OFF AND "CUT BRUSH" IN TEXAS...
AND JUST FORGET ABOUT THE ENTIRE IRAQ DISASTER....AFTER JANUARY 20 NEXT YEAR...
THAT'S JUST NOT THE WAY THINGS WORK...
Thursday, April 10, 2008
WHERE IS THIS "STRONGER DOLLAR" THAT THE MEDIA KEEPS TALKING ABOUT...?
I MEAN...IF YOU DON'T LOOK FOR A COUPLE OF DAYS...THE DOLLAR WILL BE OFF A COUPLE MORE BASIS POINTS ...NO MATTER WHAT.
YET THERE IS THIS ODD MEDIA CHATTER ABOUT THE DOLLAR'S "IMPROVEMENT...?"
YET THERE IS THIS ODD MEDIA CHATTER ABOUT THE DOLLAR'S "IMPROVEMENT...?"
KRUGMAN ON AMERICAN BARBARISM....
NONE DARE CALL THIS COUNTRY "CIVILIZED!!"
BUT DON'T WORRY... OUTSIDE OF THE REPUBLICAN PARTY... FEW IN THE WORLD EVER MAKE THAT MISTAKE THESE DAYS...
BUT DON'T WORRY... OUTSIDE OF THE REPUBLICAN PARTY... FEW IN THE WORLD EVER MAKE THAT MISTAKE THESE DAYS...
Wednesday, April 9, 2008
IRAQ IN CHAOS! SURGE IS NOT "WORKING"
BUSH HAS A TIGER BY THE EARS IN IRAQ...
THE ONLY THING WORSE THAN HANGING ON...
IS LETTING GO!!
THE ONLY THING WORSE THAN HANGING ON...
IS LETTING GO!!
THE STRUGGLE CONTINUES...BUT NOT FOR LONG.
ALL OF THE ACTION WILL BE ON WALL STREET... AS MAIN STREET ENTERS A DEPRESSION. THERE IS AN AIR OF UNREALITY ON WALL STREET NOW... WE ARE IN A "NEW PLACE"...AND NO ONE KNOWS WHAT COMES NEXT.
THE STREET IS STUFFED WITH CASH AND CAN'T GO DOWN...
NO MATTER WHAT THE "NEWS" MIGHT BE...
THAT WILL CONFUSE A LOT OF PEOPLE IN THE COMING WEEKS...
THAT WILL CONFUSE A LOT OF PEOPLE IN THE COMING WEEKS...
IF THIS IS THE "STRONGER" DOLLAR...I'D HATE TO SEE THE WEAK ONE!!
RIGHT NOW ITS ANY PORT IN A STORM FOR THE DOLLAR...
NOTHING CAN SAVE IT... BUT THE FED HAS TO TRY EVERY TRICK IN THE BOOK NEVERTHELESS... THAT'S WHAT ALL THE GOLD BASHING HAS BEEN ABOUT...
I'D THINK THAT THE DOLLAR AT 180 ON THE EURO...AND GOLD AT $1300 WOULD BE DOABLE IN THE NOT TOO DISTANT FUTURE...SAY BY JULY 1ST.
JUST THE MASSIVE WAR SPENDING WOULD BE ENOUGH TO TRASH THE DOLLAR....BUT WHEN YOU TOSS IN THE STRUCTURAL TRADE DEFICIT...WHICH CAN NEVER GO DOWN...
AND THE COMING ENTITLEMENTS BOOM...AND THE TAX CUTS FOR THE ELITES...
IT'S GOING TO TAKE A SERIOUS CHANGE OF COURSE TO KEEP THINGS GOING...
THE DEMOCRATS COULD DO IT...IF THEY HAVE BIG MAJORITIES IN CONGRESS AND AN OBAMA PRESIDENCY... ESSENTIALLY THEY WOULD BE RESTORE A "BALANCE"....THAT WILL BE CALLED THE "PROGRESSIVE" AGENDA...
NOW LONG OVER-DUE...
IN SHORT...THE DEMOCRATS NEED TO SAVE THE NATION...YET AGAIN...FROM THE GREED OF THE ELTIES... IT'S JUST 1932 RE-VISITED. NOTHING REALLY CHANGES.
NOTHING CAN SAVE IT... BUT THE FED HAS TO TRY EVERY TRICK IN THE BOOK NEVERTHELESS... THAT'S WHAT ALL THE GOLD BASHING HAS BEEN ABOUT...
I'D THINK THAT THE DOLLAR AT 180 ON THE EURO...AND GOLD AT $1300 WOULD BE DOABLE IN THE NOT TOO DISTANT FUTURE...SAY BY JULY 1ST.
JUST THE MASSIVE WAR SPENDING WOULD BE ENOUGH TO TRASH THE DOLLAR....BUT WHEN YOU TOSS IN THE STRUCTURAL TRADE DEFICIT...WHICH CAN NEVER GO DOWN...
AND THE COMING ENTITLEMENTS BOOM...AND THE TAX CUTS FOR THE ELITES...
IT'S GOING TO TAKE A SERIOUS CHANGE OF COURSE TO KEEP THINGS GOING...
THE DEMOCRATS COULD DO IT...IF THEY HAVE BIG MAJORITIES IN CONGRESS AND AN OBAMA PRESIDENCY... ESSENTIALLY THEY WOULD BE RESTORE A "BALANCE"....THAT WILL BE CALLED THE "PROGRESSIVE" AGENDA...
NOW LONG OVER-DUE...
IN SHORT...THE DEMOCRATS NEED TO SAVE THE NATION...YET AGAIN...FROM THE GREED OF THE ELTIES... IT'S JUST 1932 RE-VISITED. NOTHING REALLY CHANGES.
NO BEAR MARKET YET... STILL TOPPING OUT!
ONLY WHEN THE CENTRAL BANKS AND THE FED CAN NOT CONTROL EVENTS WILL THE BULL MARKET BE OVER...
WE ARE CLOSER...BUT THE BULL NEVER LEFT THE BUILDING...
WE ARE STILL IN HEAVY BULLSHIT TERRITORY...
WE ARE CLOSER...BUT THE BULL NEVER LEFT THE BUILDING...
WE ARE STILL IN HEAVY BULLSHIT TERRITORY...
Tuesday, April 8, 2008
FUTURES A LITTLE OFF....
BUT FEAR NOT...
BERNANKE HAS ALL THE OPTIONS COVERED...
THIS MARKET WILL NOT CRASH...BUT YOU PROBABLY WON'T FIGURE A WAY TO MAKE REAL MONEY ON THE LONG SIDE EITHER...
THIS IS A MARKET FOR COMPLEX TRADING STRATEGIES AND DAYTRADERS...
BERNANKE HAS ALL THE OPTIONS COVERED...
THIS MARKET WILL NOT CRASH...BUT YOU PROBABLY WON'T FIGURE A WAY TO MAKE REAL MONEY ON THE LONG SIDE EITHER...
THIS IS A MARKET FOR COMPLEX TRADING STRATEGIES AND DAYTRADERS...
Monday, April 7, 2008
CHINA BUYS WALL STREET...!
GET USED TO IT...!
IT'S THE PRICE YOU PAID FOR 20 YEARS OF GREED AND STUPIDITY...
IT'S THE PRICE YOU PAID FOR 20 YEARS OF GREED AND STUPIDITY...
WALL STREET IS NOW "CRASH PROOF"....BUT
IT ISN'T GOING ANYWHERE...
PROBABLY A GOOD MARKET FOR DAYTRADERS WHO MAKE "RED" OR "BLACK" BETS WITH NO CONVICTION ABOUT ANY UNDERLYING FUNDAMENTALS...
TODAY...I SAY..."RED!"
TOMORROW...I SAY "BLACK!"
NO WAIT...TOMORROW I SAY...
PROBABLY A GOOD MARKET FOR DAYTRADERS WHO MAKE "RED" OR "BLACK" BETS WITH NO CONVICTION ABOUT ANY UNDERLYING FUNDAMENTALS...
TODAY...I SAY..."RED!"
TOMORROW...I SAY "BLACK!"
NO WAIT...TOMORROW I SAY...
THE DOW....? WHATEVER....
IT'S ALL FAKE NOW... THE FED IS RUNNING THE MARKETS...WITH THE HELP OF WALL STREET BANKS...
THE MONEY IS BEING SHOVELED INTO THE MARKET NOW... IT'S ALL "VIRTUAL REALITY NOW...."
BUT THEN ALL REALITY IS VIRTUAL TO SOME DEGREE...
THE MONEY IS BEING SHOVELED INTO THE MARKET NOW... IT'S ALL "VIRTUAL REALITY NOW...."
BUT THEN ALL REALITY IS VIRTUAL TO SOME DEGREE...
WILL SHIAS KILL OTHER SHIAS TO PROTECT THE OCCUPATION GREEN ZONE?
WILL THE IRAQI SHIA ARMY CONSENT TO BUTCHERING THEIR RELATIVES FOR THE BENEFIT OF THE GREEN ZONE GOVERNMENT...AND THE OCCUPATION...?
GREAT QUESTIONS ARE AT ISSUE HERE...
THIS COULD BE THE BEGINNING OF THE END...OR THE END OF THE BEGINNING FOR THE OCCUPATION...
GREAT QUESTIONS ARE AT ISSUE HERE...
THIS COULD BE THE BEGINNING OF THE END...OR THE END OF THE BEGINNING FOR THE OCCUPATION...
FUTURES SHOW HAPPY FACE...!
WHAT ELSE...?
THE BIG BANKS ARE SO LITERALLY STUFFED WITH CASH NOW...
THE MARKETS CAN ONLY GO UP...!!
NOW THE DOLLAR, OIL AND GOLD...WELL THAT'S ANOTHER QUESTION.
THE BIG BANKS ARE SO LITERALLY STUFFED WITH CASH NOW...
THE MARKETS CAN ONLY GO UP...!!
NOW THE DOLLAR, OIL AND GOLD...WELL THAT'S ANOTHER QUESTION.
US WITHDRAWAL WILL CAUSE CHAOS...IN IRAQ!!
AND OF COURSE...THE US STAYING IN IRAQ...WILL ALSO CAUSE CHAOS...
SO THERE YOU HAVE IT... A DOUBLE DIP OF CHAOS...NO MATTER WHAT!!
HOW WILL WE EVER GET OUT FROM UNDER THIS MASSIVE BUSH/NEOCON DISASTER!!
MISTAKES OF THIS MAGNITUDE CAN BRING DOWN ENTIRE COUNTRIES...!!
SO THERE YOU HAVE IT... A DOUBLE DIP OF CHAOS...NO MATTER WHAT!!
HOW WILL WE EVER GET OUT FROM UNDER THIS MASSIVE BUSH/NEOCON DISASTER!!
MISTAKES OF THIS MAGNITUDE CAN BRING DOWN ENTIRE COUNTRIES...!!
Sunday, April 6, 2008
SHIITES HIT THE FAN IN BAGHDAD...!
THIS COULD BE THE "NEXT LEVEL" THAT EVERYONE HAS BEEN ANTICIPATING...
THE BEGINNING OF THE END OF THE OCCUPATION...
THE BEGINNING OF THE END OF THE OCCUPATION...
Saturday, April 5, 2008
RESTYLANE: "FACE LIFT IN A CAN"...FOR AGING BOOMERS!!
HEY, BOOMERS...IS THE PUNK BUSH JOB MARKET GETTING YOU DOWN...?
ARE YOU AFRAID OF LOSING YOUR JOB BECAUSE OF YOUR "JOWLS?"
(EVERYONE KNOWS THE OLD FARTS ARE ALWAYS THE FIRST TO BE LET GO...)
ARE YOUR "NASOLABIAL FOLDS" FUCKING WITH YOUR CHANCES FOR ADVANCEMENT...?
OR, EVEN GOD FORBID, STAYING GAINFULLY EMPLOYED...JUST "POURING COFFEE" AT STARBUCKS... OR WORKING THE DAY SHIFT AT MICKY D'S...?
WELL...HELP IS ON THE WAY...!
ASK YOUR DOCTOR IF RESTYLANE INJECTIONS ARE RIGHT FOR YOU....!
RESTYLANE...THE "FACE LIFT IN A CAN" FOR RAPIDLY AGING BOOMERS!!
...WHO ARE AFRAID THEY AREN'T GOING TO DIE!
....BEFORE THEIR 401K MONEY RUNS OUT.
DON'T WAIT ...!
CLICK HERE!!
REMEMBER, YOU MAY FEEL YOUNG...
BUT YOUR FACE LOOKS LIKE SHIT!!
ARE YOU AFRAID OF LOSING YOUR JOB BECAUSE OF YOUR "JOWLS?"
(EVERYONE KNOWS THE OLD FARTS ARE ALWAYS THE FIRST TO BE LET GO...)
ARE YOUR "NASOLABIAL FOLDS" FUCKING WITH YOUR CHANCES FOR ADVANCEMENT...?
OR, EVEN GOD FORBID, STAYING GAINFULLY EMPLOYED...JUST "POURING COFFEE" AT STARBUCKS... OR WORKING THE DAY SHIFT AT MICKY D'S...?
WELL...HELP IS ON THE WAY...!
ASK YOUR DOCTOR IF RESTYLANE INJECTIONS ARE RIGHT FOR YOU....!
RESTYLANE...THE "FACE LIFT IN A CAN" FOR RAPIDLY AGING BOOMERS!!
...WHO ARE AFRAID THEY AREN'T GOING TO DIE!
....BEFORE THEIR 401K MONEY RUNS OUT.
DON'T WAIT ...!
CLICK HERE!!
REMEMBER, YOU MAY FEEL YOUNG...
BUT YOUR FACE LOOKS LIKE SHIT!!
Friday, April 4, 2008
IT'S OVER... GLOOM WINS... NOW WHAT...?
STAY TUNED...
THERE IS A WAY OUT OF THIS...BUT THE "RICH" ... AND THE LOOTERS IN INTERNATIONAL CAPITAL...MIGHT NOT LIKE IT TOO MUCH...
BECAUSE YOU SEE...IT MEANS THE GOD DAMN LOOTING HAS TO STOP NOW...
AND THE AMERICAN MARKETPLACE HAS TO BE TREATED WITH RESPECT...NOT LIKE SOME STRAY DOG AT THE POUND!!
THERE IS A WAY OUT OF THIS...BUT THE "RICH" ... AND THE LOOTERS IN INTERNATIONAL CAPITAL...MIGHT NOT LIKE IT TOO MUCH...
BECAUSE YOU SEE...IT MEANS THE GOD DAMN LOOTING HAS TO STOP NOW...
AND THE AMERICAN MARKETPLACE HAS TO BE TREATED WITH RESPECT...NOT LIKE SOME STRAY DOG AT THE POUND!!
EUROLAND AWAITS END OF BUSH "CRACKPOT PRESIDENCY"...
HANG IN THERE EUROLAND... HELP IS ON THE WAY.
THE GEOPOLITICAL KOOKS WILL BE WRITING THEIR MEMOIRS SOON...
OR BETTER...OFF TO THE HAGUE TO ANSWER FOR THEIR MANY "MISTAKES."
THE NIGHTMARE SCENARIO?
PRESIDENT MC CAIN!! AND THE START OF WORLD WAR III...!!
THE GEOPOLITICAL KOOKS WILL BE WRITING THEIR MEMOIRS SOON...
OR BETTER...OFF TO THE HAGUE TO ANSWER FOR THEIR MANY "MISTAKES."
THE NIGHTMARE SCENARIO?
PRESIDENT MC CAIN!! AND THE START OF WORLD WAR III...!!
MARKET IS STUCK... NO MOVMENT WILL BE ALLOWED...
THE MARKET IS SO "MANAGED" NOW THAT IT CAN'T CRASH NO MATTER WHAT... THERE IS A FED "FLOOR" UNDER ASSET PRICES NOW.
SO WE'LL HAVE LITTLE 20 POINT DOWN DAYS...ON "BAD" NEWS....LIKE TODAY.
AND 20 POINT UP DAYS ON SOME KIND OF SPUN "GOOD" NEWS... THIS GOOD NEWS WILL BE NONSENSE LIKE "BROKERAGE UPGRADES"...AND "BEATING EXPECTIONS"...THE USUAL BULLSHIT RALLY POINTS...
NET NET...IT LOOKS LIKE A GREAT DARKNESS IS COMING... ABSOLUTELY NOTHING ON THE MACRO LEVEL IS MAKING ANY SENSE...
THE MICRO SPIN IS THE ONLY THING HOLDING UP THIS HOUSE OF CARDS.
AND AMAZINGLY .... THIS COULD GO ON FOR YEARS!
SO WE'LL HAVE LITTLE 20 POINT DOWN DAYS...ON "BAD" NEWS....LIKE TODAY.
AND 20 POINT UP DAYS ON SOME KIND OF SPUN "GOOD" NEWS... THIS GOOD NEWS WILL BE NONSENSE LIKE "BROKERAGE UPGRADES"...AND "BEATING EXPECTIONS"...THE USUAL BULLSHIT RALLY POINTS...
NET NET...IT LOOKS LIKE A GREAT DARKNESS IS COMING... ABSOLUTELY NOTHING ON THE MACRO LEVEL IS MAKING ANY SENSE...
THE MICRO SPIN IS THE ONLY THING HOLDING UP THIS HOUSE OF CARDS.
AND AMAZINGLY .... THIS COULD GO ON FOR YEARS!
PRESIDENT MC CAIN'S CRACKPOT "HEALTH CARE PLAN" EXPOSED!!
PRESIDENT MC MCAIN'S PLAN IS TO HAVE NO PLAN... AND THUS, MORE DISASTERS FOR THE US ECONOMY...
THE WALL STREET REPUBLCIAN LIARS MUST BE EXPOSED...ON THEIR PRACTICAL ECONOMICS...
NOW THAT WON'T DO MUCH FOR THE BUBBA ASSHOLES AND "MORALS VOTERS" WHO WILL STILL VOTE REPUBLICAN....
BUT THAT'S WHAT WE'RE STUCK WITH... DEAL WITH IT...
THE ENTIRE SYSTEM SEEMS TO HAVE FALLEN THROUGH THE LOOKING GLASS...
THE WALL STREET REPUBLCIAN LIARS MUST BE EXPOSED...ON THEIR PRACTICAL ECONOMICS...
NOW THAT WON'T DO MUCH FOR THE BUBBA ASSHOLES AND "MORALS VOTERS" WHO WILL STILL VOTE REPUBLICAN....
BUT THAT'S WHAT WE'RE STUCK WITH... DEAL WITH IT...
THE ENTIRE SYSTEM SEEMS TO HAVE FALLEN THROUGH THE LOOKING GLASS...
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