TRUST ME THE LAST 30 YEARS ARE NO FUN...
LIVE IT UP...WHILE YOU CAN...
LONGEVITY IS HIGHLY OVERRATED...
Sunday, November 30, 2008
PIRATES: BARBARY COAST REVISITED...
NOW I UNDERSTAND THE BARBARY COAST PIRATES AFFAIR A LITTLE BETTER...
I HAVE ALWAYS CONSIDERED THAT PART OF EARLY AMERICAN HISTORY TO BE A LITTLE VAGUE. BUT:
FAILED STATE...BIG OCEAN...NO DEFENSIVE CAPABILITY EQUALS PIRACY!
YOU WOULD THINK THAT GLOBAL SATELLITES AND IMAGINING COULD BE USED TO WARN MERCHANT SHIPS OF SUSPICIOUS ACTIVITY...?
I MEAN IF WE CAN SEE SOMETHING THE SIZE OF A GRAPEFRUIT IN REMOTE PARTS OF RUSSIA...SURELY A APPROACHING PIRATE SHIP SHOULD BE NO PROBLEM TO SPOT...
AND WHY NOT A FEW WELL ARMED SECURITY GUARDS ON SHIPS... I MEAN YOU DON'T LEAVE A LARGE WAREHOUSE UNGUARDED AT NIGHT... WHY LEAVE A LARGE SHIP DEFENSELESS...?
I HAVE ALWAYS CONSIDERED THAT PART OF EARLY AMERICAN HISTORY TO BE A LITTLE VAGUE. BUT:
FAILED STATE...BIG OCEAN...NO DEFENSIVE CAPABILITY EQUALS PIRACY!
YOU WOULD THINK THAT GLOBAL SATELLITES AND IMAGINING COULD BE USED TO WARN MERCHANT SHIPS OF SUSPICIOUS ACTIVITY...?
I MEAN IF WE CAN SEE SOMETHING THE SIZE OF A GRAPEFRUIT IN REMOTE PARTS OF RUSSIA...SURELY A APPROACHING PIRATE SHIP SHOULD BE NO PROBLEM TO SPOT...
AND WHY NOT A FEW WELL ARMED SECURITY GUARDS ON SHIPS... I MEAN YOU DON'T LEAVE A LARGE WAREHOUSE UNGUARDED AT NIGHT... WHY LEAVE A LARGE SHIP DEFENSELESS...?
TEN GUYS IN BOMBAY...
IF THE TERROR ATTACK IN BOMBAY WAS REALLY JUST TEN GUYS WITH RADICAL BELIEFS...
WHY WOULD INDIA ATTACK PAKISTAN...? IT MAKES NO SENSE TO EXTRAPOLATE GOVERNMENT INVOLVEMENT IN AREAS OF THE WORLD WHERE POLITICS IS VOLATILE...AND DIVISIONS ARE GREAT...
THE HIDDEN SECRET IS THAT TERROR PREVENTION IS REALLY POLICE WORK...
THERE IS NOTHING THAT CAN BE DONE WHEN SOME GROUP OR A FEW INDIVIDUALS FEEL THAT VIOLENCE IS THEIR ONLY ANSWER...
YOU JUST NEED GOOD POLICE WORK...MAYBE YOU CAN STOP A FEW OF THEM...MAYBE NOT...
YOU WILL NEVER STOP ALL OF THEM...
THE WORLD GOES THROUGH THESE TERRORISM PHASES OCCASIONALLY... USUALLY IT'S AT THE "END OF AN ERA" WHERE ONE GROUP IS OVERREACHING AND ANOTHER FEELS GREATLY OPPRESSED...
THERE WERE THE ANARCHISTS OF THE EARLY 1900'S....
AND THEN THE AMERICAN REVOLUTIONARIES OF THE 1770'S....YES, MANY IN THE ADAMS FAMILY WERE TERRORISTS!
WHAT COULD KING GEORGE DO...? PUT MORE GUARDS IN THE TOWNS...? WATCH FOR SUSPICIOUS ACTIVITY...?
AND RUSSIA BETWEEN 1905 AND 1917 WAS A HOT BED OF RADICAL POLITICS...
BUT ARE WE OVER-REACTING...? I THINK YES!!
THERE WILL ALWAYS BE TERRORISTS...WE CAN NOT PURIFY THE WORLD SO THAT THERE AREN'T...
JUST DO YOUR POLICE WORK...WATCH FOR SUSPICIOUS ACTIONS...MAKE ARRESTS...AND TRY TO SETTLE THE UNDERLYING PROBLEMS THAT ARE CAUSING THE UNREST...
EVERY BOMB THROWER CAN NOT CAUSE 1914 ALL OVER AGAIN...
EVERY ACT OF VIOLENCE CAN NOT BE PEARL HARBOR...
IF "SOMETHING" HAPPENS... CLEAN UP...MAKE ARRESTS...TIGHTEN SECURITY...REPORT IT ON THE NEWS...AND THEN MOVE ON...
OTHERWISE YOU ENCOURAGE "COPY CATS"...WITH OUR 24 HOUR TELEVISION "NEWS CYCLE" WHICH SADLY IS MORE FOR RATINGS AND BREATHLESS HYPE THAN FOR NEWS THESE DAYS! ALA FOX NEWS NETWORK!
OSAMA BECOMES "KING OF THE NEWS CYCLE" IF NOT THE WORLD...
I REALIZE THAT 911 WAS THE MOTHER OF ALL TERROR ACTS...PERHAPS NEVER TO BE REPEATED...BUT HOPEFULLY MOST TERRORIST ACTS WILL NOT BE ON THAT MAGNITUDE.
ARE WE NOT REALLY GIVING THESE SMALL TIME TERRORISTS TOO MUCH POWER... BY MAKING THEIR EVERY ACTION A "CAUSUS BELLI?"
OR INTO A GLOBAL TRANSFORMATIONAL EVENT...?
CLEARLY YES...!
WHY WOULD INDIA ATTACK PAKISTAN...? IT MAKES NO SENSE TO EXTRAPOLATE GOVERNMENT INVOLVEMENT IN AREAS OF THE WORLD WHERE POLITICS IS VOLATILE...AND DIVISIONS ARE GREAT...
THE HIDDEN SECRET IS THAT TERROR PREVENTION IS REALLY POLICE WORK...
THERE IS NOTHING THAT CAN BE DONE WHEN SOME GROUP OR A FEW INDIVIDUALS FEEL THAT VIOLENCE IS THEIR ONLY ANSWER...
YOU JUST NEED GOOD POLICE WORK...MAYBE YOU CAN STOP A FEW OF THEM...MAYBE NOT...
YOU WILL NEVER STOP ALL OF THEM...
THE WORLD GOES THROUGH THESE TERRORISM PHASES OCCASIONALLY... USUALLY IT'S AT THE "END OF AN ERA" WHERE ONE GROUP IS OVERREACHING AND ANOTHER FEELS GREATLY OPPRESSED...
THERE WERE THE ANARCHISTS OF THE EARLY 1900'S....
AND THEN THE AMERICAN REVOLUTIONARIES OF THE 1770'S....YES, MANY IN THE ADAMS FAMILY WERE TERRORISTS!
WHAT COULD KING GEORGE DO...? PUT MORE GUARDS IN THE TOWNS...? WATCH FOR SUSPICIOUS ACTIVITY...?
AND RUSSIA BETWEEN 1905 AND 1917 WAS A HOT BED OF RADICAL POLITICS...
BUT ARE WE OVER-REACTING...? I THINK YES!!
THERE WILL ALWAYS BE TERRORISTS...WE CAN NOT PURIFY THE WORLD SO THAT THERE AREN'T...
JUST DO YOUR POLICE WORK...WATCH FOR SUSPICIOUS ACTIONS...MAKE ARRESTS...AND TRY TO SETTLE THE UNDERLYING PROBLEMS THAT ARE CAUSING THE UNREST...
EVERY BOMB THROWER CAN NOT CAUSE 1914 ALL OVER AGAIN...
EVERY ACT OF VIOLENCE CAN NOT BE PEARL HARBOR...
IF "SOMETHING" HAPPENS... CLEAN UP...MAKE ARRESTS...TIGHTEN SECURITY...REPORT IT ON THE NEWS...AND THEN MOVE ON...
OTHERWISE YOU ENCOURAGE "COPY CATS"...WITH OUR 24 HOUR TELEVISION "NEWS CYCLE" WHICH SADLY IS MORE FOR RATINGS AND BREATHLESS HYPE THAN FOR NEWS THESE DAYS! ALA FOX NEWS NETWORK!
OSAMA BECOMES "KING OF THE NEWS CYCLE" IF NOT THE WORLD...
I REALIZE THAT 911 WAS THE MOTHER OF ALL TERROR ACTS...PERHAPS NEVER TO BE REPEATED...BUT HOPEFULLY MOST TERRORIST ACTS WILL NOT BE ON THAT MAGNITUDE.
ARE WE NOT REALLY GIVING THESE SMALL TIME TERRORISTS TOO MUCH POWER... BY MAKING THEIR EVERY ACTION A "CAUSUS BELLI?"
OR INTO A GLOBAL TRANSFORMATIONAL EVENT...?
CLEARLY YES...!
WILL A RUN ON THE BANK OF ENGLAND CAUSE GLOBAL DEPRESSION...?
WELL THAT IS EXACTLY WHAT HAPPEN IN 1931... SO HISTORY COULD REPEAT...
THE CRASH OF THE POUND WOULD BRING THE DOLLAR DOWN WITH IT...
AND THAT COULD CAUSE A RUSH TO GOLD... AND A BOND MARKET DEBACLE.
IN THE TITLE LINK...WHERE EVER YOU YOU READ..."ENGLAND" OR "BRITISH"...JUST PLUG IN THE WORD "AMERICA" OR "AMERICAN" AND YOU COULD BE READING NEXT YEARS NEWSPAPERS!!
BOTH THE UK AND THE US ...ARE REALLY ICELAND WRIT LARGE!! VERY LARGE!!
THE CRASH OF THE POUND WOULD BRING THE DOLLAR DOWN WITH IT...
AND THAT COULD CAUSE A RUSH TO GOLD... AND A BOND MARKET DEBACLE.
IN THE TITLE LINK...WHERE EVER YOU YOU READ..."ENGLAND" OR "BRITISH"...JUST PLUG IN THE WORD "AMERICA" OR "AMERICAN" AND YOU COULD BE READING NEXT YEARS NEWSPAPERS!!
BOTH THE UK AND THE US ...ARE REALLY ICELAND WRIT LARGE!! VERY LARGE!!
THE CLINTONS: CO-SECRETARIES OF STATE!!
EVERYONE KNOWS THAT BILL WILL BE THE REAL SECRETARY OF STATE...AND HILLARY WILL JUST BE THE FIGURE HEAD...
HILLARY'S CONSTANT PUSHINESS TO CASH IN ON HER MARRIAGE TO A POWERFUL POLITICIAN...WILL NOW GO TO THE NEXT LEVEL...
OTHER THAN TO A FEW FEMINISTS AND OTHER "PANTS SUITS" HILLARY IS LIKE SCRATCHING YOUR FINGER NAILS ON A BLACKBOARD TO MOST PEOPLE...
SHE WILL LIKELY BE THE FIRST OBAMA APPOINTMENT TO GO...WHEN SHE STARTS TO GET OUT OF LINE...
BUT, WILL SHE BE WILLING TO ACCEPT CONDI'S ROLE AS A MERE "SECRETARY"...BRING COFFEE TO THE GUYS WHO ARE REALLY PULLING THE STRINGS...
AFTER ALL, THE SECRETARY OF STATE HAS BEEN A "GIRL JOB" FOR A LONG TIME NOW...
MY HUNCH IS THAT BILL WILL UPSTAGE HILLARY AT EVERY MOMENT...OF THIS DISASTER.
WHEN HILLARY SAYS SOMETHING...EVERYONE WILL BE ASKING...WHAT DOES BILL THINK...OR WORSE WHAT DOES OBAMA THINK!!
BETWEEN THE TWO OF THEM... THEY WILL LIKELY MANAGE THE FOREIGN AFFAIRS OF THE US FOR A COUPLE OF YEARS...WHILE OBAMA CONCENTRATES ON THE US AND GLOBAL ECONOMIES...
IT WILL BE INTERESTING TO SEE HOW WELL HILLARY ACCEPTS HER DEMOTION FROM BEING US SENATOR...TO MERE "SECRETARY" FOR OBAMA ET AL...SORT OF TAKING DICATION ... AND DELIVERING IMPORTANT DOCUMENTS TO "REAL LEADERS" ALL AROUND THE WORLD.
HILLARY WILL LIKELY "DISAPPEAR" FROM THE POLITICAL SCENE...OR BE TOTALLY "OUT OF THE LOOP" AT THE WHITE HOUSE ON REAL DECISIONS...
BECAUSE DOES OBAMA REALLY TRUST HER...I DON'T THINK SO? HE IS NOT STUPID...
OR, IS HE JUST MAKING HER AN IMPORTANT OFFICIAL IN SIBERIA AS THE CZARS OFTEN DID TO THEIR RIVALS AND CRITICS?
BUT, MY HUNCH IS THAT OBAMA IS "HIRING" HER TO DELIVER THE BAD NEWS TO ISRAEL...THAT ITS TIME TO BUG OUT OF THE WEST BANK AND GET REAL ABOUT THE "TWO STATE SOLUTION"... AND WHO BETTER TO GIVE THAT NEWS TO THE ZIONISTS THAN THE SENATOR FOR WALL STREET...SURELY NOT JIMMY CARTER!
CAN THIS DEMOCRATIC "LOVE FEST" LAST MORE THAN SIX MONTHS...?
HILLARY'S CONSTANT PUSHINESS TO CASH IN ON HER MARRIAGE TO A POWERFUL POLITICIAN...WILL NOW GO TO THE NEXT LEVEL...
OTHER THAN TO A FEW FEMINISTS AND OTHER "PANTS SUITS" HILLARY IS LIKE SCRATCHING YOUR FINGER NAILS ON A BLACKBOARD TO MOST PEOPLE...
SHE WILL LIKELY BE THE FIRST OBAMA APPOINTMENT TO GO...WHEN SHE STARTS TO GET OUT OF LINE...
BUT, WILL SHE BE WILLING TO ACCEPT CONDI'S ROLE AS A MERE "SECRETARY"...BRING COFFEE TO THE GUYS WHO ARE REALLY PULLING THE STRINGS...
AFTER ALL, THE SECRETARY OF STATE HAS BEEN A "GIRL JOB" FOR A LONG TIME NOW...
MY HUNCH IS THAT BILL WILL UPSTAGE HILLARY AT EVERY MOMENT...OF THIS DISASTER.
WHEN HILLARY SAYS SOMETHING...EVERYONE WILL BE ASKING...WHAT DOES BILL THINK...OR WORSE WHAT DOES OBAMA THINK!!
BETWEEN THE TWO OF THEM... THEY WILL LIKELY MANAGE THE FOREIGN AFFAIRS OF THE US FOR A COUPLE OF YEARS...WHILE OBAMA CONCENTRATES ON THE US AND GLOBAL ECONOMIES...
IT WILL BE INTERESTING TO SEE HOW WELL HILLARY ACCEPTS HER DEMOTION FROM BEING US SENATOR...TO MERE "SECRETARY" FOR OBAMA ET AL...SORT OF TAKING DICATION ... AND DELIVERING IMPORTANT DOCUMENTS TO "REAL LEADERS" ALL AROUND THE WORLD.
HILLARY WILL LIKELY "DISAPPEAR" FROM THE POLITICAL SCENE...OR BE TOTALLY "OUT OF THE LOOP" AT THE WHITE HOUSE ON REAL DECISIONS...
BECAUSE DOES OBAMA REALLY TRUST HER...I DON'T THINK SO? HE IS NOT STUPID...
OR, IS HE JUST MAKING HER AN IMPORTANT OFFICIAL IN SIBERIA AS THE CZARS OFTEN DID TO THEIR RIVALS AND CRITICS?
BUT, MY HUNCH IS THAT OBAMA IS "HIRING" HER TO DELIVER THE BAD NEWS TO ISRAEL...THAT ITS TIME TO BUG OUT OF THE WEST BANK AND GET REAL ABOUT THE "TWO STATE SOLUTION"... AND WHO BETTER TO GIVE THAT NEWS TO THE ZIONISTS THAN THE SENATOR FOR WALL STREET...SURELY NOT JIMMY CARTER!
CAN THIS DEMOCRATIC "LOVE FEST" LAST MORE THAN SIX MONTHS...?
WHAT WILL CRASH THE DOLLAR...?
EVERYONE IS LOOKING AT THE US ECONOMY FOR THE CAUSES OF A POTENTIAL DOLLAR CRASH...A "RUN ON THE DOLLAR"...
BUT MY HUNCH IS THAT THE TROUBLE WILL COME FROM OUTSIDE...
CHINA IS A GOOD CANDIDATE FOR PROBLEMS...
AND SO IS THE WEAK UK ECONOMY AND THE WEAK POUND...
IF THE POUND CRASHES...IT WILL LIKELY CAUSE A RUSH TO GOLD AND RUN ON THE DOLLAR ... IN SHORT ORDER AS GLOBAL INVESTORS SEEK SAFETY IN HARD ASSETS...
SO THE DOOMSDAY SCENARIO FOR THE DOLLAR COULD BE A FOREIGN CURRENCY COLLAPSE...THAT UPSETS THE GLOBAL APPLE CART...
WATCH THE UK...AND CHINA...THEY HAVE THE MOST TO LOSE...AND ARE IN THE MOST PRECARIOUS POSTIONS...
BUT MY HUNCH IS THAT THE TROUBLE WILL COME FROM OUTSIDE...
CHINA IS A GOOD CANDIDATE FOR PROBLEMS...
AND SO IS THE WEAK UK ECONOMY AND THE WEAK POUND...
IF THE POUND CRASHES...IT WILL LIKELY CAUSE A RUSH TO GOLD AND RUN ON THE DOLLAR ... IN SHORT ORDER AS GLOBAL INVESTORS SEEK SAFETY IN HARD ASSETS...
SO THE DOOMSDAY SCENARIO FOR THE DOLLAR COULD BE A FOREIGN CURRENCY COLLAPSE...THAT UPSETS THE GLOBAL APPLE CART...
WATCH THE UK...AND CHINA...THEY HAVE THE MOST TO LOSE...AND ARE IN THE MOST PRECARIOUS POSTIONS...
INDIAN ATTACK ON PAKISTAN WILL OUTRAGE THE WORLD
THE NOTION THAT INDIA IS GOING TO "DO A DUBYA" AND ATTACK PAKISTAN ON THE THEORY THAT THE ATTACK ON BOMBAY "ORIGINATED" IN PAKISTAN...COULD BE THE LEGACY OF WARPED NEOCON REASONING THAT CAUSES A MAJOR WAR IN THAT REGION...
ANY ATTACK ON PAKISTAN WILL SEND THE MUSLIM WORLD INTO A FRENZY OF HATE AGAINST ALL THINGS NON-ISLAMIC... AND THAT INCLUDES THE US, EUROPE, RUSSIA AND PARTS OF WESTERIZED ASIA...
AN INDIAN ATTACK ON PAKISTAN COULD MAKE DUBYA'S FIASCO IN IRAQ...LOOK LIKE A SUNDAY AFTERNOON WALK IN THE PARK...
THIS BEARS WATCHING...
ANY ATTACK ON PAKISTAN WILL SEND THE MUSLIM WORLD INTO A FRENZY OF HATE AGAINST ALL THINGS NON-ISLAMIC... AND THAT INCLUDES THE US, EUROPE, RUSSIA AND PARTS OF WESTERIZED ASIA...
AN INDIAN ATTACK ON PAKISTAN COULD MAKE DUBYA'S FIASCO IN IRAQ...LOOK LIKE A SUNDAY AFTERNOON WALK IN THE PARK...
THIS BEARS WATCHING...
INDIA GOES FOR PAKI-BASHING...
IF INDIA GOES THE BUSH/NEOCON ROUTE AND STARTS BASHING PAKISTAN FOR THE BOMBAY TERROR ATTACK...?
WE WILL BE ON A DANGEROUS ROAD...
IN TRUTH...NO LEGITIMATE GOVERNMENT CAN CONDONE OR ENCOURAGE TERRORISTS...
TERRORISM IS BY DEFINITION...THE USE OF FORCE BY A NON-GOVERNMENTAL AGENCY...
ONLY THE GOVERNMENT CAN LEGALLY KILL PEOPLE...
THE PEN-ULTIMATE CURE FOR TERRORISM IS GOOD POLICE WORK... AND NOT MILITARY FORCE AGAINST ANOTHER DEMOCRACY...
THE ULTIMATE CURE IS TO FIND OUT WHAT'S EATING THESE ISLAMISTS...AND FIGURE OUT A CURE FOR IT... IS IT REALLY THAT THEY NEVER HAD A REFORMATION...? OR AN ENLIGHTENMENT...AS THE WEST HAD IN THE 18TH CENTURY...?
1. IS IT ISRAEL? AND THE WEST BANK OCCUPATION...? WELL, THAT IS "DOABLE" BY THE OBAMA ADMINISTRATION...THE TWO STATE SOLUTION IS AN IDEA WHOSE TIME HAS COME... NOW LET'S GET ON WITH IT...!
2. IS IT THE COLD WAR DICTATORSHIPS THAT THE US ESTABLISHED TO FIGHT COMMUNIST INFLUENCE...? A CRASH COURSE IN DEMOCRACY CAN BE PUSHED ON THE MIDDLE EAST BY THE REST OF THE WORLD...IN A WAY THAT SHOULD BE ACCEPTABLE TO ALL BUT THE MOST RADICAL OF THE OLD PRO-WESTERN ELTIES...
3. IS IT SOME KIND OF CARRY OVER FROM THE CRUSADES? OR THE BATTLE IN EUROPE AGAINST THE TURKS...? WELL, THE TURKS HAVE GOTTEN OVER IT... SO I SEE NO REASON WHY THE OTHER ISLAMIC STATES CAN'T ACCEPT A CHRISTIAN EUROPE...
4. IS IT A BATTLE INSIDE ISLAM FOR CONTROL OF THE FAITH...AND IT'S POLITICAL POWER...?
IF SO...THE US CAN TEACH THEM A LOT ABOUT CONSTITUTIONAL LAW AND THE SEPERATION OF CHURCH AND STATE...WHICH IS THE HALL MARK OF MODERN SOCIETIES...
THE TRIBALISM AND CLAN BASED SOCIETIES OF THE MIDDLE EAST ARE A CHALLENGE TO THE WEST...
BUT THE MODERN SHOULD NEVER FEAR THE MEDIEVEL... WE CAN WORK WITH THEM ON THIS...IF THE REST OF THE WORLD GOES ALONG...
AND WHO CAN MAKE THE REST OF THE WORLD GO ALONG...? WELL, CERTAINLY NOT BUSH AND CHENEY...THE "CRUSADERS FOR CHRIST!"....
RATHER OBAMA...
OBAMA'S CROSS CULTURAL APPEAL COULD BE USED TO BRING THE ISLAMIC WORLD INTO THE MODERN ERA...OF STATECRAFT... NOT CLAN BASED DEMOCRACY...NOT ISLAMIC STATES...AND CERTAINLY NOT JIHAD...
OBAMA HAS A WINDOW OF OPPORTUNITY TO SHOW THE ISLAMIC WORLD THAT HE WILL BE AN HONEST BROKER...AND WILL ACCEPT THEIR SITUATION AND TRY TO IMPROVE IT...AND BRING THESE NATIONS INTO THE 21ST CENTURY WITH CONSTITUTIONAL GOVERNMENT...AND DEMOCRATIC PRINCIPALS... AND NO..IT DOES NOT HAVE TO BE JEFFERSONIAN DEMOCRACY... BUT A KIND OF DEMOCRACY THAT WILL BE ACCEPTABLE TO THE MUSLIM COMMUNITY...JUST LET THEM FIGURE IT OUT...
OK...WHAT WON'T WORK...
WELL, THE ZIONIST CRACKPOT NOTION THAT:
"WE JUST HAVEN'T KILLED ENOUGH OF THE THEM YET...!!"
JUST KILLING MUSLIMS WILL NEVER WORK...
AND IT WILL NOT BRING A SOLUTION TO THE PROBLEM THE WEST HAS WITH THE MUSLIM STATES...AND THEIR RADICAL QUASI-POLITICAL OFF SHOOTS...
AND INVASION IS DEFINITELY NOT THE ANSWER EITHER... DUBYA AND CHENEY PROVED THAT BEYOND A REASONABLE DOUBT...!!
SO LET US HOPE THAT A MORE RATIONAL THINKING PREVAILS IN THE NEAR FUTURE...THAN WE HAVE HAD FOR THE LAST EIGHT YEARS UNDER THE NEOCONS AND THEIR ZIONIST PUPPET MASTERS.
WE WILL BE ON A DANGEROUS ROAD...
IN TRUTH...NO LEGITIMATE GOVERNMENT CAN CONDONE OR ENCOURAGE TERRORISTS...
TERRORISM IS BY DEFINITION...THE USE OF FORCE BY A NON-GOVERNMENTAL AGENCY...
ONLY THE GOVERNMENT CAN LEGALLY KILL PEOPLE...
THE PEN-ULTIMATE CURE FOR TERRORISM IS GOOD POLICE WORK... AND NOT MILITARY FORCE AGAINST ANOTHER DEMOCRACY...
THE ULTIMATE CURE IS TO FIND OUT WHAT'S EATING THESE ISLAMISTS...AND FIGURE OUT A CURE FOR IT... IS IT REALLY THAT THEY NEVER HAD A REFORMATION...? OR AN ENLIGHTENMENT...AS THE WEST HAD IN THE 18TH CENTURY...?
1. IS IT ISRAEL? AND THE WEST BANK OCCUPATION...? WELL, THAT IS "DOABLE" BY THE OBAMA ADMINISTRATION...THE TWO STATE SOLUTION IS AN IDEA WHOSE TIME HAS COME... NOW LET'S GET ON WITH IT...!
2. IS IT THE COLD WAR DICTATORSHIPS THAT THE US ESTABLISHED TO FIGHT COMMUNIST INFLUENCE...? A CRASH COURSE IN DEMOCRACY CAN BE PUSHED ON THE MIDDLE EAST BY THE REST OF THE WORLD...IN A WAY THAT SHOULD BE ACCEPTABLE TO ALL BUT THE MOST RADICAL OF THE OLD PRO-WESTERN ELTIES...
3. IS IT SOME KIND OF CARRY OVER FROM THE CRUSADES? OR THE BATTLE IN EUROPE AGAINST THE TURKS...? WELL, THE TURKS HAVE GOTTEN OVER IT... SO I SEE NO REASON WHY THE OTHER ISLAMIC STATES CAN'T ACCEPT A CHRISTIAN EUROPE...
4. IS IT A BATTLE INSIDE ISLAM FOR CONTROL OF THE FAITH...AND IT'S POLITICAL POWER...?
IF SO...THE US CAN TEACH THEM A LOT ABOUT CONSTITUTIONAL LAW AND THE SEPERATION OF CHURCH AND STATE...WHICH IS THE HALL MARK OF MODERN SOCIETIES...
THE TRIBALISM AND CLAN BASED SOCIETIES OF THE MIDDLE EAST ARE A CHALLENGE TO THE WEST...
BUT THE MODERN SHOULD NEVER FEAR THE MEDIEVEL... WE CAN WORK WITH THEM ON THIS...IF THE REST OF THE WORLD GOES ALONG...
AND WHO CAN MAKE THE REST OF THE WORLD GO ALONG...? WELL, CERTAINLY NOT BUSH AND CHENEY...THE "CRUSADERS FOR CHRIST!"....
RATHER OBAMA...
OBAMA'S CROSS CULTURAL APPEAL COULD BE USED TO BRING THE ISLAMIC WORLD INTO THE MODERN ERA...OF STATECRAFT... NOT CLAN BASED DEMOCRACY...NOT ISLAMIC STATES...AND CERTAINLY NOT JIHAD...
OBAMA HAS A WINDOW OF OPPORTUNITY TO SHOW THE ISLAMIC WORLD THAT HE WILL BE AN HONEST BROKER...AND WILL ACCEPT THEIR SITUATION AND TRY TO IMPROVE IT...AND BRING THESE NATIONS INTO THE 21ST CENTURY WITH CONSTITUTIONAL GOVERNMENT...AND DEMOCRATIC PRINCIPALS... AND NO..IT DOES NOT HAVE TO BE JEFFERSONIAN DEMOCRACY... BUT A KIND OF DEMOCRACY THAT WILL BE ACCEPTABLE TO THE MUSLIM COMMUNITY...JUST LET THEM FIGURE IT OUT...
OK...WHAT WON'T WORK...
WELL, THE ZIONIST CRACKPOT NOTION THAT:
"WE JUST HAVEN'T KILLED ENOUGH OF THE THEM YET...!!"
JUST KILLING MUSLIMS WILL NEVER WORK...
AND IT WILL NOT BRING A SOLUTION TO THE PROBLEM THE WEST HAS WITH THE MUSLIM STATES...AND THEIR RADICAL QUASI-POLITICAL OFF SHOOTS...
AND INVASION IS DEFINITELY NOT THE ANSWER EITHER... DUBYA AND CHENEY PROVED THAT BEYOND A REASONABLE DOUBT...!!
SO LET US HOPE THAT A MORE RATIONAL THINKING PREVAILS IN THE NEAR FUTURE...THAN WE HAVE HAD FOR THE LAST EIGHT YEARS UNDER THE NEOCONS AND THEIR ZIONIST PUPPET MASTERS.
Saturday, November 29, 2008
NO MORAL HAZARD!! FIND THE NEXT BAILOUT!!
THERE IS NO MORAL HAZARD ANYMORE...
JUST FIND THE NEXT BAILOUT AND BUY IT!! PERHAPS GM AND FORD THIS WEEK!!
FREE MONEY IS BEING PRINTED BY THE GOVERNMENT FOR ALL BANKRUPTCY INVESTORS IN COMPANIES THAT ARE TOO BIG TO FAIL!!
FREE
MONEY!!!
JUST FIND THE NEXT BAILOUT AND BUY IT!! PERHAPS GM AND FORD THIS WEEK!!
FREE MONEY IS BEING PRINTED BY THE GOVERNMENT FOR ALL BANKRUPTCY INVESTORS IN COMPANIES THAT ARE TOO BIG TO FAIL!!
FREE
MONEY!!!
FED DESPERATE FOR A NEW BUBBLE...!
AND I THINK THEY WILL GET ONE...
BUT IT MIGHT BE IN PRICES IN THE REAL ECONOMY ...
NOT THE BELOVED STOCKS OR OTHER PAPER SPECULATIONS...
BUT IT MIGHT BE IN PRICES IN THE REAL ECONOMY ...
NOT THE BELOVED STOCKS OR OTHER PAPER SPECULATIONS...
Friday, November 28, 2008
CITIBANK A NO-BRAINER!! WASHINGTON GIVES TRILLIONS TO PROTECT COMMON STOCK!!
CITIBANK IS NOW AN OFFICIAL NO-BRAINER...
BEG, BORROW OR STEAL TO BUY IT...
THIS STOCK IS THE ONLY ONE THAT WASHINGTON WILL SUPPORT TO THE BITTER END...BECAUSE EVENTUALLY WASHINGTON WILL OWN IT...! THE COMPANY IS BANKRUPT TO BE SURE...BUT THERE IS NO MORAL HAZARD FEAR IN WASHINGTON... THERE IS NO AMOUNT OF MONEY THAT WASHINGTON WON'T PRINT TO BAIL OUT CITIBANK...
INVESTING IN CITIBANK NOW...FOR THE VERY VERY SHORT TERM...WITH PLENTY OF STOP LOSSES...COULD BE YOUR RETIREMENT FUND!!
GM SHOULD TAKE NOTE...AND TRY TO PRESENT THEMSELVES AS THE "NEXT CITIBANK!"
BECAUSE THEY ARE...
CITI AND GM ARE THE CLOSEST THING TO "FREE MONEY" FROM THE GOVERNMENT...EVER SEEN!!
BEG, BORROW OR STEAL TO BUY IT...
THIS STOCK IS THE ONLY ONE THAT WASHINGTON WILL SUPPORT TO THE BITTER END...BECAUSE EVENTUALLY WASHINGTON WILL OWN IT...! THE COMPANY IS BANKRUPT TO BE SURE...BUT THERE IS NO MORAL HAZARD FEAR IN WASHINGTON... THERE IS NO AMOUNT OF MONEY THAT WASHINGTON WON'T PRINT TO BAIL OUT CITIBANK...
INVESTING IN CITIBANK NOW...FOR THE VERY VERY SHORT TERM...WITH PLENTY OF STOP LOSSES...COULD BE YOUR RETIREMENT FUND!!
GM SHOULD TAKE NOTE...AND TRY TO PRESENT THEMSELVES AS THE "NEXT CITIBANK!"
BECAUSE THEY ARE...
CITI AND GM ARE THE CLOSEST THING TO "FREE MONEY" FROM THE GOVERNMENT...EVER SEEN!!
DOW CHART SHOWS NO EPIPHANY YET...
THE MARKET IS TRADING LIKE THERE HAS BEEN AN EPIPHANY OF SOME KIND....AS YET, UNSPOKEN....
THE HUGE RUN UP IN CITIBANK IS NOT CREDIBLE GIVEN THE GRIM FACTS ON THE GROUND...AND IN THE DOW...
CITI IS TRADING AS IF IT HAS BEEN BLESSED BY GOD OR EVEN THE FED... BUT HAS IT REALLY ...?
BUT THE CHARTS DON'T LIE... CLICK HERE...
THIS IS A VERY VERY STANDARD SUCKER RALLY IN A LONG TERM BEAR MARKET... A FALSE DAWN...IN A MARKET WHOSE MACROECONOMICS IS FATALLY FLAWED....
THE HUGE RUN UP IN CITIBANK IS NOT CREDIBLE GIVEN THE GRIM FACTS ON THE GROUND...AND IN THE DOW...
CITI IS TRADING AS IF IT HAS BEEN BLESSED BY GOD OR EVEN THE FED... BUT HAS IT REALLY ...?
BUT THE CHARTS DON'T LIE... CLICK HERE...
THIS IS A VERY VERY STANDARD SUCKER RALLY IN A LONG TERM BEAR MARKET... A FALSE DAWN...IN A MARKET WHOSE MACROECONOMICS IS FATALLY FLAWED....
GOLD BEST MONTH IN NINE YEARS...!
GOLD...HATED ON WALL STREET AND IN WASHINGTON...HAD IT'S BEST MONTH IN NINE YEARS...!!
BUT RIGHT NOW...EVERYTHING IS IN TOTAL CONFUSION...
GOLD IS REALLY THE ONLY MACRO INVESTMENT...EVERYTHING ELSE IS SPECULATION AND HYPE...
ANY MOVES IN GOLD ARE ALWAYS KEPT HUSHED UP IN THE MEDIA...FOR OBVIOUS REASONS...
SO DON'T EXPECT ANY OF THE BREATHLESS BIMBOS ON TOUT TV TO EVER MENTION GOLD AS AN INVESTMENT OPTION...
GOLD IS STRICTLY FOR THE ELITE MACRO AND ACADEMIC TYPES...IT'S LONG TERM POTENTIAL IS HUGE...BECAUSE THE DOWNSIDE FOR PAPER SPECULATIONS IS HISTORIC AND INEVITABLE.
BUT RIGHT NOW...EVERYTHING IS IN TOTAL CONFUSION...
GOLD IS REALLY THE ONLY MACRO INVESTMENT...EVERYTHING ELSE IS SPECULATION AND HYPE...
ANY MOVES IN GOLD ARE ALWAYS KEPT HUSHED UP IN THE MEDIA...FOR OBVIOUS REASONS...
SO DON'T EXPECT ANY OF THE BREATHLESS BIMBOS ON TOUT TV TO EVER MENTION GOLD AS AN INVESTMENT OPTION...
GOLD IS STRICTLY FOR THE ELITE MACRO AND ACADEMIC TYPES...IT'S LONG TERM POTENTIAL IS HUGE...BECAUSE THE DOWNSIDE FOR PAPER SPECULATIONS IS HISTORIC AND INEVITABLE.
STOCKS RALLY ON HOPE...NOT FACTS...
MY HUNCH IS THAT 9000 IS THE TOP ON THE DOW... BY THEN THE MARKET WILL BE MASSIVELY OVERBOUGHT...AND THE BAD NEWS WILL START TO BE "HEARD" AGAIN BY THE SPECULATORS...
THE BUY AND HOLD SUCKERS ARE FLOCKING BACK INTO STOCKS...FOLLOWING THE MOMENTUM... AND IGNORING THE FACTS...
THIS IS A MARKET EVENT...NOT A SECULAR EVENT OR A LONG TERM CHANGE...
LET'S CALL IT OUR FIRST "FALSE DAWN"...BUT TRUST ME...NOT OUR LAST!!
THE BUY AND HOLD SUCKERS ARE FLOCKING BACK INTO STOCKS...FOLLOWING THE MOMENTUM... AND IGNORING THE FACTS...
THIS IS A MARKET EVENT...NOT A SECULAR EVENT OR A LONG TERM CHANGE...
LET'S CALL IT OUR FIRST "FALSE DAWN"...BUT TRUST ME...NOT OUR LAST!!
STOCKS SOAR ON DISMAL NEWS...
WHEN THE SUCKERS FLOCK THE RICH BUY STOCK...
THIS IS GOING TO BE BIG...!! ALL MOMO ALL THE TIME...
WHEN THE BOTTOM FALLS OUT...AND IT WILL...THE DATA POINT THAT "CAUSES" THE PLUNGE REALLY WON'T MATTER...
FOLLOW THE MOMO MONEY... THIS IS A DAYTRADERS DREAM!!
THIS IS GOING TO BE BIG...!! ALL MOMO ALL THE TIME...
WHEN THE BOTTOM FALLS OUT...AND IT WILL...THE DATA POINT THAT "CAUSES" THE PLUNGE REALLY WON'T MATTER...
FOLLOW THE MOMO MONEY... THIS IS A DAYTRADERS DREAM!!
CITIBANK WILL TRIPLE AS "DOOMSDAY" PLAY...
CITIBANK SEEMS TO BE A SURE TRIPLE AS THE FED BAILOUT MAKES IT A DOOMSDAY PLAY... IT'S NOW A NO-BRAINER AND A "SURE THING"...!
THE BILLIONAIRES ARE PILING IN...AND OF COURSE THEY CAN'T GET OUT EN MASSE...BUT THE SUCKERS ARE FOLLOWING....
AND SOONER OR LATER THE BILLIONAIRES WILL BE ABLE TO EASE OUT OF THEIR POSITIONS AT A HUGE PROFIT...PROBABALY A TRIPLE...
THE REAL ISSUE IS: IS THERE ANY EQUITY IN CITIBANK...OR IS IT ALL GOVERNMENT MONEY NOW...
IF CITIBANK HAS BEEN SECRETLY SOCIALIZED EVENTUALLY THE BAD NEWS WILL FILTER DOWN TO THE SUCKERS NOW BUYING WILDLY...
I CONSIDER CITIBANK TO BE A BANKRUPTCY SPECULATION...NOT UNLIKE KMART AND FANNIE AND FREDDIE...
WHEN THE DUST SETTLES IT WILL BE A GOVERNMENT OWNED BANK...AND THE SHARE HOLDERS WILL BE WIPED OUT...
BUT FOR NOW...IT'S A DAYTRADERS SURE THING... PROBABLY A TRIPLE FROM THIS POINT....
THIS IS ENTIRELY A MOMO MARKET NOW...AND CITIBANK IS AT THE VERY HEART OF THE MOMENTUM SPECULATION...
CITI WILL GO UP 10% PER DAY UNTIL IT' REACHES A "DUMPING POINT"...A LOT OF SMALL TIME PLUNGERS ARE GOING TO BE FLEECED ON THIS SPECULATION...!!
THE BILLIONAIRES ARE PILING IN...AND OF COURSE THEY CAN'T GET OUT EN MASSE...BUT THE SUCKERS ARE FOLLOWING....
AND SOONER OR LATER THE BILLIONAIRES WILL BE ABLE TO EASE OUT OF THEIR POSITIONS AT A HUGE PROFIT...PROBABALY A TRIPLE...
THE REAL ISSUE IS: IS THERE ANY EQUITY IN CITIBANK...OR IS IT ALL GOVERNMENT MONEY NOW...
IF CITIBANK HAS BEEN SECRETLY SOCIALIZED EVENTUALLY THE BAD NEWS WILL FILTER DOWN TO THE SUCKERS NOW BUYING WILDLY...
I CONSIDER CITIBANK TO BE A BANKRUPTCY SPECULATION...NOT UNLIKE KMART AND FANNIE AND FREDDIE...
WHEN THE DUST SETTLES IT WILL BE A GOVERNMENT OWNED BANK...AND THE SHARE HOLDERS WILL BE WIPED OUT...
BUT FOR NOW...IT'S A DAYTRADERS SURE THING... PROBABLY A TRIPLE FROM THIS POINT....
THIS IS ENTIRELY A MOMO MARKET NOW...AND CITIBANK IS AT THE VERY HEART OF THE MOMENTUM SPECULATION...
CITI WILL GO UP 10% PER DAY UNTIL IT' REACHES A "DUMPING POINT"...A LOT OF SMALL TIME PLUNGERS ARE GOING TO BE FLEECED ON THIS SPECULATION...!!
WILL BOMBAY EFFECT THE MARKETS...
NO....THIS MARKET IS ALL MOMENTUM NOW... NOTHING CAN STOP IT EXCEPT WHEN THE SMART MONEY DUMPS...AND THE SUCKERS ARE FLEECED... AND NO ONE CAN PREDICT WHEN THAT WILL HAPPEN...
PERHAPS SOON GIVEN THE MASSIVE RUN UP....BUT MORE MOMO COULD COME IN WITH THE NEXT BAILOUT...
AND WE SURELY HAVE NOT SEEN THE END OF THE BAILOUTS...!
PERHAPS SOON GIVEN THE MASSIVE RUN UP....BUT MORE MOMO COULD COME IN WITH THE NEXT BAILOUT...
AND WE SURELY HAVE NOT SEEN THE END OF THE BAILOUTS...!
MOMENTUM BASED BULL MARKET CAN CONTINUE...FOR REST OF 2008.
THIS IS NOW A MOMENTUM MARKET...IT WILL GO UP UNTIL IT HITS SOME CEILING...PROBABLY 9,000.
AND IT WILL GO BACK DOWN...
OBVIOUSLY THIS IS NOT A LONG TERM BULL MARKET...THE NEWS IS JUST TOO HORRIBLE...
THE FED IS PUMPING LIQUIDITY...AND THE BIG BANKS, WEALTHY SPECULATORS, AND OTHERS IN THE MARKETS WILL USE IT AS LONG AS THEY CAN...
BASICALLY, THIS IS A DAY TRADERS MARKET NOW...NOT A MARKET TO HOLD FOR A WEEK!! A WEEK IS AN ETERNITY IN THIS KIND OF ENVIRONMENT...
MY HUNCH IS THAT THE MARKET CONTINUES TO SOAR...UNTIL THE SMART MONEY DECIDES ITS TIME TO FLEECE THE SUCKERS... AND THEN IT WILL GO DOWN...
OF COURSE SOME "DATA POINT" WILL BE USED AS THE EXCUSE FOR THE MOVE, UP OR DOWN, IN THE MEDIA...WHICH MAKES IT ALL SEEM LOGICAL... BUT ANY DATA POINT WILL DO...WHEN THE MARKET IS MASSIVELY OVER-BOUGHT OR OVER-SOLD... THE HEADLINE EXCUSE IS JUST MORE BULLSHIT INTENDED TO CONFUSE THE RETAIL PLUNGERS...
LIKELY RANGE BOUND BETWEEN 8000 AND 9000 FOR THE REST OF THE YEAR...
THERE IS ENOUGH LIQUIDITY IN THE HANDS OF SPECULATORS NOW SO THEY CAN DO ALMOST ANYTHING...SO I DON'T THINK A NEW SUB 8000 MARKET IS GOING TO HAPPEN...
NOTE WELL: THAT NEWS, DATA, PROFITS...THE ECONOMY...NONE OF THAT MATTERS NOW... SOME BROKER UPGRADES IF ANY COULD HELP...SHORT TERM.
THIS IS ALL MOMENTUM...UNTIL AN OVER-BOUGHT CONDITION DEVELOPS...
THEN THE SWING BACK TO OVER-SOLD, ETC ETC...
THE ECONOMY STINKS TO HIGH HEAVEN AND WILL CONTINUE TO STINK... IT JUST DOES NOT MATTER IN THIS KIND OF MARKET...
BUY THE DIPS...AND SELL THE BLIPS...
ONLY DON'T HOLD FOR TOO LONG...TWO DAYS AT MOST BEFORE YOU PULL THE TRIGGER ON TAKING PROFITS OR LOSSES...
BEWARE OF GETTING TRAPPED IN AN "INVESTMENT"...
DOWN IS A LONG WAY...AND COULD BE PERMANENT...OR LEAD TO BANKRUPTCY... THERE WILL BE MANY BANKRUPTCIES AFTER THE FIRST OF THE YEAR... PROBABALY THE AUTOS AS WELL...!
THE HAPPY DAZE WILL ONLY BE A PASSING PHENOMENON...UNTIL SOMETTHING IS DONE FOR THE MIDDLE CLASS AND THAT COULD BE YEARS AWAY...
AND IT WILL GO BACK DOWN...
OBVIOUSLY THIS IS NOT A LONG TERM BULL MARKET...THE NEWS IS JUST TOO HORRIBLE...
THE FED IS PUMPING LIQUIDITY...AND THE BIG BANKS, WEALTHY SPECULATORS, AND OTHERS IN THE MARKETS WILL USE IT AS LONG AS THEY CAN...
BASICALLY, THIS IS A DAY TRADERS MARKET NOW...NOT A MARKET TO HOLD FOR A WEEK!! A WEEK IS AN ETERNITY IN THIS KIND OF ENVIRONMENT...
MY HUNCH IS THAT THE MARKET CONTINUES TO SOAR...UNTIL THE SMART MONEY DECIDES ITS TIME TO FLEECE THE SUCKERS... AND THEN IT WILL GO DOWN...
OF COURSE SOME "DATA POINT" WILL BE USED AS THE EXCUSE FOR THE MOVE, UP OR DOWN, IN THE MEDIA...WHICH MAKES IT ALL SEEM LOGICAL... BUT ANY DATA POINT WILL DO...WHEN THE MARKET IS MASSIVELY OVER-BOUGHT OR OVER-SOLD... THE HEADLINE EXCUSE IS JUST MORE BULLSHIT INTENDED TO CONFUSE THE RETAIL PLUNGERS...
LIKELY RANGE BOUND BETWEEN 8000 AND 9000 FOR THE REST OF THE YEAR...
THERE IS ENOUGH LIQUIDITY IN THE HANDS OF SPECULATORS NOW SO THEY CAN DO ALMOST ANYTHING...SO I DON'T THINK A NEW SUB 8000 MARKET IS GOING TO HAPPEN...
NOTE WELL: THAT NEWS, DATA, PROFITS...THE ECONOMY...NONE OF THAT MATTERS NOW... SOME BROKER UPGRADES IF ANY COULD HELP...SHORT TERM.
THIS IS ALL MOMENTUM...UNTIL AN OVER-BOUGHT CONDITION DEVELOPS...
THEN THE SWING BACK TO OVER-SOLD, ETC ETC...
THE ECONOMY STINKS TO HIGH HEAVEN AND WILL CONTINUE TO STINK... IT JUST DOES NOT MATTER IN THIS KIND OF MARKET...
BUY THE DIPS...AND SELL THE BLIPS...
ONLY DON'T HOLD FOR TOO LONG...TWO DAYS AT MOST BEFORE YOU PULL THE TRIGGER ON TAKING PROFITS OR LOSSES...
BEWARE OF GETTING TRAPPED IN AN "INVESTMENT"...
DOWN IS A LONG WAY...AND COULD BE PERMANENT...OR LEAD TO BANKRUPTCY... THERE WILL BE MANY BANKRUPTCIES AFTER THE FIRST OF THE YEAR... PROBABALY THE AUTOS AS WELL...!
THE HAPPY DAZE WILL ONLY BE A PASSING PHENOMENON...UNTIL SOMETTHING IS DONE FOR THE MIDDLE CLASS AND THAT COULD BE YEARS AWAY...
Thursday, November 27, 2008
BOMBAY AND THE GLOBAL WAR ON ISLAM...
DUBYA'S GLOBAL WAR ON ISLAM IS NOW REAPING IT'S HARVEST OF RAGE IN INDIA...AND ELSEWHERE...
THE NEW OBAMA ADMINISTRATION WILL HAVE TO FIND WAYS TO TONE DOWN THE NEOCON RHETORIC AND HYSTERIA FROM WASHINGTON AND ELSEWHERE AGAINST ISLAMISTS GLOBALLY...
CLEARLY THINGS ARE GETTING OUT OF CONTROL AFTER EIGHT YEARS OF "WAR ON TERROR."
WHAT ARE THE ROOTS OF THIS TROUBLE...?
1. CERTAINLY IN THE REFUSAL OF ISRAEL AND THE US TO SETTLE THE WEST BANK ISSUE...AND IMPLEMENT A TWO STATE SOLUTION... THE SLOW GENOCIDE OF PALESTINIANS ON THE WEST BANK AND GAZA...AS NOTED BY PRESIDENT CARTER...HAS TO STOP.
2. ANOTHER SOURCE OF TROUBLE IS THE OLD COLD WAR REGIMES THAT THE US PUT IN PLACE...TO "FIGHT COMMUNISM"... THESE CORRUPT ELITES ARE NOT SUPPORTED BY THEIR PEOPLE...BUT HAVE MORPHED FROM BEING ANTI-COMMUNISTS...TO BEING ANTI-ISLAMISTS...
SO IN AN ODD WAY...BUSH'S "LIBERATION" OF IRAQ...FROM SADDAM...(WHO WAS A CIA STOOGE IN THE 1970'S)...WAS A GOOD THING... IRAQ IS ACTUALLY MORE DEMOCRATIC NOW THAN ANY OTHER STATE IN THE REGION...BUT STILL ANTI-AMERICAN AND ANTI-ZIONIST....
IN EFFECT THE US TURNED ON IT'S OWN PUPPET GOVERNMENT IN IRAQ...WHEN IT REMOVED SADDAM... SADDAM'S BIG SIN WAS HIS POPULIST ANTI-ISRAEL RHETORIC...WHICH SHARON AND THE ULTRA RIGHT LIKUDNICS IN ISRAEL FOUND OFFENSIVE.
THE NEOCON INVASION OF IRAQ....EMPOWERED IRAN...AS AN UNINTENDED CONSEQUENCE...
AND THE ANTI-AMERICANISM AND ANTI-ZIONISM THAT THE INVASION CREATED HAS NOT DISIPATED...
NET-NET.... IT WOULD BEHOOVE OBAMA TO TRY A DIPLOMATIC APPROACH TO THE WAR ON ISLAM... BECAUSE THE NEOCON APPROACH...WHILE PROVIDING INTERESTING RESULTS...IS JUST NOT WORKING.
SETTLING THE WEST BANK...AND PROMOTING AN ISLAMIC STYLE "CLAN BASED" (NON-JEFFERSONIAN) DEMOCRACY IN THE REGION...IS THE ONLY WAY FOR OBAMA TO GO...
BECAUSE SUPPORTING AND/OR INVADING REPRESSIVE REGIMES IS COUNTER-PRODUCTIVE AT THIS TIME.
THE BUSH WAR ON ISLAM HAS BEEN A DISMAL FAILURE...
THE NEW OBAMA ADMINISTRATION WILL HAVE TO FIND WAYS TO TONE DOWN THE NEOCON RHETORIC AND HYSTERIA FROM WASHINGTON AND ELSEWHERE AGAINST ISLAMISTS GLOBALLY...
CLEARLY THINGS ARE GETTING OUT OF CONTROL AFTER EIGHT YEARS OF "WAR ON TERROR."
WHAT ARE THE ROOTS OF THIS TROUBLE...?
1. CERTAINLY IN THE REFUSAL OF ISRAEL AND THE US TO SETTLE THE WEST BANK ISSUE...AND IMPLEMENT A TWO STATE SOLUTION... THE SLOW GENOCIDE OF PALESTINIANS ON THE WEST BANK AND GAZA...AS NOTED BY PRESIDENT CARTER...HAS TO STOP.
2. ANOTHER SOURCE OF TROUBLE IS THE OLD COLD WAR REGIMES THAT THE US PUT IN PLACE...TO "FIGHT COMMUNISM"... THESE CORRUPT ELITES ARE NOT SUPPORTED BY THEIR PEOPLE...BUT HAVE MORPHED FROM BEING ANTI-COMMUNISTS...TO BEING ANTI-ISLAMISTS...
SO IN AN ODD WAY...BUSH'S "LIBERATION" OF IRAQ...FROM SADDAM...(WHO WAS A CIA STOOGE IN THE 1970'S)...WAS A GOOD THING... IRAQ IS ACTUALLY MORE DEMOCRATIC NOW THAN ANY OTHER STATE IN THE REGION...BUT STILL ANTI-AMERICAN AND ANTI-ZIONIST....
IN EFFECT THE US TURNED ON IT'S OWN PUPPET GOVERNMENT IN IRAQ...WHEN IT REMOVED SADDAM... SADDAM'S BIG SIN WAS HIS POPULIST ANTI-ISRAEL RHETORIC...WHICH SHARON AND THE ULTRA RIGHT LIKUDNICS IN ISRAEL FOUND OFFENSIVE.
THE NEOCON INVASION OF IRAQ....EMPOWERED IRAN...AS AN UNINTENDED CONSEQUENCE...
AND THE ANTI-AMERICANISM AND ANTI-ZIONISM THAT THE INVASION CREATED HAS NOT DISIPATED...
NET-NET.... IT WOULD BEHOOVE OBAMA TO TRY A DIPLOMATIC APPROACH TO THE WAR ON ISLAM... BECAUSE THE NEOCON APPROACH...WHILE PROVIDING INTERESTING RESULTS...IS JUST NOT WORKING.
SETTLING THE WEST BANK...AND PROMOTING AN ISLAMIC STYLE "CLAN BASED" (NON-JEFFERSONIAN) DEMOCRACY IN THE REGION...IS THE ONLY WAY FOR OBAMA TO GO...
BECAUSE SUPPORTING AND/OR INVADING REPRESSIVE REGIMES IS COUNTER-PRODUCTIVE AT THIS TIME.
THE BUSH WAR ON ISLAM HAS BEEN A DISMAL FAILURE...
WELCOME GLOBAL INVESTORS AND BLOG READERS!
TODAY IS THE THANKSGIVING HOLIDAY IN THE US...
A HOLIDAY WHERE FAT, SASSY, STUPID AMERICANS GIVE THANKS THAT WE DON'T LIVE IN OTHER COUNTRIES --LIKE YOURS...WHERE EVERYONE IS THIN, POLITE AND SMART.
AND PROBABLY HAS HEALTH INSURANCE FROM THE GOVERNMENT...
.......................
SO TODAY, NO ONE IS HERE BUT US TURKEYS...
BUT REMEMBER, KEEP BUYING OUR DOLLAR AND OUR OTHER WORTHLESS PAPER...SO WE AMERICANS CAN STAY FAT, SASSY AND DUMB...
GOBBLE GOBBLE...
A HOLIDAY WHERE FAT, SASSY, STUPID AMERICANS GIVE THANKS THAT WE DON'T LIVE IN OTHER COUNTRIES --LIKE YOURS...WHERE EVERYONE IS THIN, POLITE AND SMART.
AND PROBABLY HAS HEALTH INSURANCE FROM THE GOVERNMENT...
.......................
SO TODAY, NO ONE IS HERE BUT US TURKEYS...
BUT REMEMBER, KEEP BUYING OUR DOLLAR AND OUR OTHER WORTHLESS PAPER...SO WE AMERICANS CAN STAY FAT, SASSY AND DUMB...
GOBBLE GOBBLE...
RUSSIAN NUKES FOR HUGO...
DUBYA AND THE NEOCONS ARE BEING PUNISHED FOR THEIR NATO MISSION CREEP...AND THEIR GEORGIA WAR HYSTERIA....
BUT ONCE DUBYA IS OUT...RUSSIA WILL MAKE PEACE WITH OBAMA.
BEING HATED IS NEVER GOOD DIPLOMACY...
AND TODAY THE US IS REAPING THE HARVEST OF HATRED THAT DUBYA IN THE NEOCONS HAVE SOWN OVER THE LAST EIGHT YEARS...
IN IRAQ, IRAN, INDIA, PAKISTAN, AFGHANISTAN...ALL OVER THE GLOBE REALLY...
OBAMA WILL CHANGE THE TONE AND THE ATTITUDE OF AMERICAN FOREIGN POLICY... SOMETHING THE VERY SICK, TWISTED AND INTELLECTUALLY LIMITED DUBYA, CHENEY AND THE NEOCONS COULD NEVER DO...
JANUARY 20 WILL BE A "GAME CHANGER" FOR THE ISLAMISTS...AND THEY KNOW IT... OSAMA'S "INVESTMENT" IN 911 HAS BEEN PAYING HIM "DIVIDENDS" FOR THE LAST EIGHT YEARS...!
LET US HOPE THAT THE RADICAL ISLAMISTS DON'T GET DESPERATE AND TRY SOMETHING AWFUL BEFORE DUBYA LEAVES OFFICE...!
BUT ONCE DUBYA IS OUT...RUSSIA WILL MAKE PEACE WITH OBAMA.
BEING HATED IS NEVER GOOD DIPLOMACY...
AND TODAY THE US IS REAPING THE HARVEST OF HATRED THAT DUBYA IN THE NEOCONS HAVE SOWN OVER THE LAST EIGHT YEARS...
IN IRAQ, IRAN, INDIA, PAKISTAN, AFGHANISTAN...ALL OVER THE GLOBE REALLY...
OBAMA WILL CHANGE THE TONE AND THE ATTITUDE OF AMERICAN FOREIGN POLICY... SOMETHING THE VERY SICK, TWISTED AND INTELLECTUALLY LIMITED DUBYA, CHENEY AND THE NEOCONS COULD NEVER DO...
JANUARY 20 WILL BE A "GAME CHANGER" FOR THE ISLAMISTS...AND THEY KNOW IT... OSAMA'S "INVESTMENT" IN 911 HAS BEEN PAYING HIM "DIVIDENDS" FOR THE LAST EIGHT YEARS...!
LET US HOPE THAT THE RADICAL ISLAMISTS DON'T GET DESPERATE AND TRY SOMETHING AWFUL BEFORE DUBYA LEAVES OFFICE...!
Wednesday, November 26, 2008
STOCKS SOAR ON DISMAL NEWS; AS BILLIONAIRE PLUNGERS MOVE MARKETS?
A BOTTOM...? NO WAY...
THIS MARKET IS JUST IGNORING EVERYTHING...
AND THAT IS NOT THE WAY BOTTOMS ARE MADE...
THIS WEEK'S ACTION...WAS ALMOST TOTALLY FROM OVER-SOLD CONDITIONS;
SHORT COVERING...
AND PERHAPS A FEW PENNY STOCK PLUNGERS OF EVERY STRIPE...
NOTE WELL...
THE RECENT WELL PUBLICIZED "BUYING SPREES" BY "THE PRINCE" AND THE MEXICAN BILLIONAIRE...OF CITIBANK STOCK...COULD IN ITSELF BE THE REASON FOR THE "RALLY" IN THAT STOCK.... AND TO SOME EXTENT THE OVER SOLD MARKET IN GENERAL....
BIG BUY ORDERS ON THESE STOCKS COULD MOVE THEM UP CONSIDERABLY...
THIS MARKET IS JUST IGNORING EVERYTHING...
AND THAT IS NOT THE WAY BOTTOMS ARE MADE...
THIS WEEK'S ACTION...WAS ALMOST TOTALLY FROM OVER-SOLD CONDITIONS;
SHORT COVERING...
AND PERHAPS A FEW PENNY STOCK PLUNGERS OF EVERY STRIPE...
NOTE WELL...
THE RECENT WELL PUBLICIZED "BUYING SPREES" BY "THE PRINCE" AND THE MEXICAN BILLIONAIRE...OF CITIBANK STOCK...COULD IN ITSELF BE THE REASON FOR THE "RALLY" IN THAT STOCK.... AND TO SOME EXTENT THE OVER SOLD MARKET IN GENERAL....
BIG BUY ORDERS ON THESE STOCKS COULD MOVE THEM UP CONSIDERABLY...
OBAMA'S WAR PLAN IN AFGHANISTAN...
THE GREEN CAPED ONE SAYS AFGHANISTAN IS FAILING...AND HE OUGHT TO KNOW...
NOW WITH PAKISTAN AND INDIA "IN PLAY" BECAUSE OF THE BOMBAY TERROR ATTACK... THINGS COULD GET EVEN WORSE BEFORE OBAMA IS IN OFFICE...
NOW WITH PAKISTAN AND INDIA "IN PLAY" BECAUSE OF THE BOMBAY TERROR ATTACK... THINGS COULD GET EVEN WORSE BEFORE OBAMA IS IN OFFICE...
BOMBAY BOMBINGS....
THANK GOD WE STILL HAVE DUBYA IN THE WHITE HOUSE...!
INSTEAD OF THE INEXPERIENCED OBAMA...
DUBYA WILL KNOW EXACTLY WHAT TO DO...
AS LONG AS HE'S STILL SOBER...
AND WHAT PASSES FOR LUCID THESE DAYS...
INVADE PAKISTAN...THE NEW CENTER FOR GLOBAL RADICAL JIHAD!
A JOINT WAR ON PAKISTAN BY THE US AND INDIA CAN NOT BE RULED OUT
WE GOTTA TEACH 'EM A LESSON!!
INSTEAD OF THE INEXPERIENCED OBAMA...
DUBYA WILL KNOW EXACTLY WHAT TO DO...
AS LONG AS HE'S STILL SOBER...
AND WHAT PASSES FOR LUCID THESE DAYS...
INVADE PAKISTAN...THE NEW CENTER FOR GLOBAL RADICAL JIHAD!
A JOINT WAR ON PAKISTAN BY THE US AND INDIA CAN NOT BE RULED OUT
WE GOTTA TEACH 'EM A LESSON!!
ARE THE DOW PENNY STOCKS A BUY...?
THE PROBLEM WITH PENNY STOCK PLUNGING...IS THAT YOU NEED A REASON WHY THE SMART MONEY ALLOWED THESE COMPANIES TO BECOME PENNY STOCKS...IN THE FIRST PLACE...
THE MARKETS DO NOT LEAVE INVESTMENT "CANDY" ON THE STREETS FOR THE RETAIL PLUNGERS A/K/A "THE SUCKERS" VERY OFTEN... IN TRUTH ALMOST NEVER.
OF COURSE, THERE WAS FORCED SELLING FROM HEDGE FUNDS... BUT THIS FORCED SELLING MIGHT BE ONLY A SYMPTOM OF THE SHARES' OR THE ECONOMY'S UNDERLYING PROBLEMS...
BUT NOT THE REAL CAUSE... BLAMING THE HEDGE FUND SELLING IS LIKE BLAMING THE VICTIM OF A CRIME!
BUT EVEN THAT DOES NOT EXPLAIN IT ALL...
WHAT TO MAKE OF THESE ONCE BLUE CHIPS THAT HAVE HAD NEAR DEATH EXPERIENCES LATELY..? THE LIKES OF GE, GM, FORD, CITIBANK, ALL THE BANKS REALLY...
WHAT TO MAKE OF THIS...?
YES THE GOVERNMENT HAS BAILED THEM OUT...BUT DO WE REALLY KNOW WHAT'S BEHIND THESE BAILOUTS...AND THE ONEROUS TERMS OF THE DEAL...
IS THE BANK SOCIALIZED...? BANKRUPT? WHAT IS THE FATE OF THE COMMON SHAREHOLDERS...?
AS A RULE...PENNY STOCK PLUNGING INTO BANKRUPT STOCKS IS NOT A GOOD MOVE... AND I DON'T THINK PENNY STOCK PLUNGING INTO BAILED OUT STOCKS WILL BE ANY DIFFERENT...
OF COURSE MANY PEOPLE AT THE THANKSGIVING TABLE WILL MAKE THE DECISION TO PLUNGE FOR 1000 OR 2000 SHARES OF CITIBANK ON THE OPEN...AND GET THAT "FREE" 10% DAILY PROFIT OF LATE...
BUT IF A QUICKIE PROFIT ON GM, GE, FORD AND CITIBANK IS A NO-BRAINER...WHAT'S TO STOP ANYONE FROM TAKING THE PLUNGE...
WELL MY EXPERIENCE IS THAT TAKING A 1000 SHARE PLUNGE ON ANY OF THESE NEW "PENNY STOCK" BLUE CHIPS IS A GOOD WAY TO MAKE $5000 INTO $3000...BAILOUT OR NO BAILOUT...ASAP!
THE MARKET JUST DOES NOT OFFER THE PUBLIC THAT KIND OF NO BRAINER...WITHOUT A PRICE TO BE PAID...
THE OLD RULE ABOUT STAYING OUT OF STOCKS UNDER $10...OR IN OR NEAR BANKRUPTCY APPLIES TO OLD LINE BLUE CHIPS OR DOTCOMS...
THERE IS NEVER A FREE LUNCH ON WALL STREET...OR IF THERE IS YOU'LL NEVER FIND IT...
CITIBANK IS A SUCKER SET UP...AT THIS POINT. IT'S WAY TO EARLY TO SEE THE END OF THIS CRISIS...AND THE TURN IN STOCKS...
BUT DON'T MENTION THAT AT THE DINNER TABLE TOMORROW...
THE MARKETS DO NOT LEAVE INVESTMENT "CANDY" ON THE STREETS FOR THE RETAIL PLUNGERS A/K/A "THE SUCKERS" VERY OFTEN... IN TRUTH ALMOST NEVER.
OF COURSE, THERE WAS FORCED SELLING FROM HEDGE FUNDS... BUT THIS FORCED SELLING MIGHT BE ONLY A SYMPTOM OF THE SHARES' OR THE ECONOMY'S UNDERLYING PROBLEMS...
BUT NOT THE REAL CAUSE... BLAMING THE HEDGE FUND SELLING IS LIKE BLAMING THE VICTIM OF A CRIME!
BUT EVEN THAT DOES NOT EXPLAIN IT ALL...
WHAT TO MAKE OF THESE ONCE BLUE CHIPS THAT HAVE HAD NEAR DEATH EXPERIENCES LATELY..? THE LIKES OF GE, GM, FORD, CITIBANK, ALL THE BANKS REALLY...
WHAT TO MAKE OF THIS...?
YES THE GOVERNMENT HAS BAILED THEM OUT...BUT DO WE REALLY KNOW WHAT'S BEHIND THESE BAILOUTS...AND THE ONEROUS TERMS OF THE DEAL...
IS THE BANK SOCIALIZED...? BANKRUPT? WHAT IS THE FATE OF THE COMMON SHAREHOLDERS...?
AS A RULE...PENNY STOCK PLUNGING INTO BANKRUPT STOCKS IS NOT A GOOD MOVE... AND I DON'T THINK PENNY STOCK PLUNGING INTO BAILED OUT STOCKS WILL BE ANY DIFFERENT...
OF COURSE MANY PEOPLE AT THE THANKSGIVING TABLE WILL MAKE THE DECISION TO PLUNGE FOR 1000 OR 2000 SHARES OF CITIBANK ON THE OPEN...AND GET THAT "FREE" 10% DAILY PROFIT OF LATE...
BUT IF A QUICKIE PROFIT ON GM, GE, FORD AND CITIBANK IS A NO-BRAINER...WHAT'S TO STOP ANYONE FROM TAKING THE PLUNGE...
WELL MY EXPERIENCE IS THAT TAKING A 1000 SHARE PLUNGE ON ANY OF THESE NEW "PENNY STOCK" BLUE CHIPS IS A GOOD WAY TO MAKE $5000 INTO $3000...BAILOUT OR NO BAILOUT...ASAP!
THE MARKET JUST DOES NOT OFFER THE PUBLIC THAT KIND OF NO BRAINER...WITHOUT A PRICE TO BE PAID...
THE OLD RULE ABOUT STAYING OUT OF STOCKS UNDER $10...OR IN OR NEAR BANKRUPTCY APPLIES TO OLD LINE BLUE CHIPS OR DOTCOMS...
THERE IS NEVER A FREE LUNCH ON WALL STREET...OR IF THERE IS YOU'LL NEVER FIND IT...
CITIBANK IS A SUCKER SET UP...AT THIS POINT. IT'S WAY TO EARLY TO SEE THE END OF THIS CRISIS...AND THE TURN IN STOCKS...
BUT DON'T MENTION THAT AT THE DINNER TABLE TOMORROW...
TAX LOSS SELLING DOOMS MARKET.
EVEN IF YOU THOUGHT THAT THIS WAS "THE BOTTOM"....AND THAT STOCKS WERE GOING TO SOAR...REAL SOON...
LIKE NEXT YEAR...
WHY WOULD YOU NOT TAKE A TAX LOSS IN 2008 ON YOUR DISMAL TURKEYS....
THEN BUY THEM BACK....LATER, OR IN 2009...TO RESET YOUR BASIS...?
THESE TAX LOSSES ARE GOING TO BE TOO GOOD TO MISS...FOR MANY INVESTORS NOT TO TAKE THEM BEFORE DECEMBER 31...ASSUMING THEY ARE CALENDAR YEAR TAXPAYERS...
AND DON'T WORRY...THERE WILL BE PLENTY OF LOSERS TO BUY... OR, TO BUY BACK ...AFTER THE FIRST OF THE YEAR...
THEY WONT BE RUNNING AWAY THAT FAST!! NOT BASED ON THE CURRENT DATA POINTS COMING IN...!
AND, 2009 WILL LIKELY BE MORE DISMAL THAT 2008...
PROVIDING EVEN MORE TAX LOSSES...!!
LIKE NEXT YEAR...
WHY WOULD YOU NOT TAKE A TAX LOSS IN 2008 ON YOUR DISMAL TURKEYS....
THEN BUY THEM BACK....LATER, OR IN 2009...TO RESET YOUR BASIS...?
THESE TAX LOSSES ARE GOING TO BE TOO GOOD TO MISS...FOR MANY INVESTORS NOT TO TAKE THEM BEFORE DECEMBER 31...ASSUMING THEY ARE CALENDAR YEAR TAXPAYERS...
AND DON'T WORRY...THERE WILL BE PLENTY OF LOSERS TO BUY... OR, TO BUY BACK ...AFTER THE FIRST OF THE YEAR...
THEY WONT BE RUNNING AWAY THAT FAST!! NOT BASED ON THE CURRENT DATA POINTS COMING IN...!
AND, 2009 WILL LIKELY BE MORE DISMAL THAT 2008...
PROVIDING EVEN MORE TAX LOSSES...!!
SUCKERS SET UP RE-TEST OF MARKET LOWS...
THE SUCKERS ARE SETTING UP A RE-TEST OF THE MARKET LOWS LATER THIS YEAR...
THIS IS THE BEAR MARKET RALLY FROM OVERSOLD CONDITIONS THAT HAS BEEN EXPECTED...
SO, REALLY THE SUCKERS ARE JUST "DOING THEIR JOB"...
TO ACTUALLY BELIEVE THAT THIS IS: "THE BOTTOM"....
WOULD REQUIRE TOTALLY IGNORING THE REAL ECONOMY NUMBERS... WHICH ARE ACTUALLY GETTING WORSE NOT BETTER...
BULL MARKETS RALLY BECAUSE OF THE NEWS...NOT DESPITE IT...
THE DOW WILL HIT THE CEILING AROUND 9000 AND GO BACK TO 7500 IN DECEMBER...
THERE ARE STILL TAX LOSS SALES TO COME....AND THEY ARE HUGE...!
AND REDEMPTION FROM MUTUAL FUNDS DECEMBER...
WITH THE FED'S MASSIVE CASH HOARD ON TAP THE SWINGS COULD BE BRUTAL...
BUT THE ECONOMY WILL REMAIN PUNK FOR A LONG TIME TO COME...
MOST OF THE FED CASH IS TRAPPED IN NEW YORK...AND ON WALL STREET...
NONE OF IT IS GOING TO MAIN STREET...AND IT NEVER WILL...
THANK YOU SUCKERS...!! GOOD JOB!!
THIS IS THE BEAR MARKET RALLY FROM OVERSOLD CONDITIONS THAT HAS BEEN EXPECTED...
SO, REALLY THE SUCKERS ARE JUST "DOING THEIR JOB"...
TO ACTUALLY BELIEVE THAT THIS IS: "THE BOTTOM"....
WOULD REQUIRE TOTALLY IGNORING THE REAL ECONOMY NUMBERS... WHICH ARE ACTUALLY GETTING WORSE NOT BETTER...
BULL MARKETS RALLY BECAUSE OF THE NEWS...NOT DESPITE IT...
THE DOW WILL HIT THE CEILING AROUND 9000 AND GO BACK TO 7500 IN DECEMBER...
THERE ARE STILL TAX LOSS SALES TO COME....AND THEY ARE HUGE...!
AND REDEMPTION FROM MUTUAL FUNDS DECEMBER...
WITH THE FED'S MASSIVE CASH HOARD ON TAP THE SWINGS COULD BE BRUTAL...
BUT THE ECONOMY WILL REMAIN PUNK FOR A LONG TIME TO COME...
MOST OF THE FED CASH IS TRAPPED IN NEW YORK...AND ON WALL STREET...
NONE OF IT IS GOING TO MAIN STREET...AND IT NEVER WILL...
THANK YOU SUCKERS...!! GOOD JOB!!
IRAQIS GIVE BUSH/CHENEY THE PURPLE FINGER...ON KEEPING "UGLY AMERICANS" IN IRAQ!
MAYBE THEIR CHECKS FROM WASHINGTON HAVEN'T ARRIVED...BECAUSE OF THE "TRANSITION?"
OR...ARE THEY WAITING FOR OBAMA...TO GET A BETTER DEAL?
OR...ARE THEY WAITING FOR OBAMA...TO GET A BETTER DEAL?
TOM FRIEDMAN BASHES CITIBANK....?
TOM FRIEDMAN KNOWS HOW TO LEAD...
HE FINDS THE CROWD THEN RUNS TO THE FRONT OF IT...
I DON'T RECALL FRIEDMAN BEING SO "ENLIGHTENED" DURING THE GREENSPAN BUBBLE DAZE...
IN FACT, JUST THE OPPOSITE...HE WAS A CHEER LEADER FOR WALL STREET AND THE "NEW ECONOMY."
THE WORLD IS FLAT...? YEAH RIGHT! FLAT ON IT'S ASS NOW!! THANKS TO GUYS LIKE FRIEDMAN..
FRIEDMAN IS ONE OF THOSE WRITERS WHOSE BOOKS WILL BE TOTALLY FORGOTTEN AND CONSIDERED USELESS "PERIOD PIECES" BY THE NEXT GENERATION...
LIKE THOSE NOW FORGOTTEN "LADY WRITERS" IN THE 19TH CENTURY AND THEIR "POPULAR" GOTHIC NOVELS ... NOW MOLDY IN THE BACK ROOMS OF USED BOOKSTORES...
HE FINDS THE CROWD THEN RUNS TO THE FRONT OF IT...
I DON'T RECALL FRIEDMAN BEING SO "ENLIGHTENED" DURING THE GREENSPAN BUBBLE DAZE...
IN FACT, JUST THE OPPOSITE...HE WAS A CHEER LEADER FOR WALL STREET AND THE "NEW ECONOMY."
THE WORLD IS FLAT...? YEAH RIGHT! FLAT ON IT'S ASS NOW!! THANKS TO GUYS LIKE FRIEDMAN..
FRIEDMAN IS ONE OF THOSE WRITERS WHOSE BOOKS WILL BE TOTALLY FORGOTTEN AND CONSIDERED USELESS "PERIOD PIECES" BY THE NEXT GENERATION...
LIKE THOSE NOW FORGOTTEN "LADY WRITERS" IN THE 19TH CENTURY AND THEIR "POPULAR" GOTHIC NOVELS ... NOW MOLDY IN THE BACK ROOMS OF USED BOOKSTORES...
WHY POST-POST KEYNESIAN ECONOMICS WON'T WORK...
KEYNES SAID...SPEND MONEY WHEN THE ECONOMY IS DOWN...
AND TAKE MONEY BACK...OR...MAKE MONEY SCARCER A/K/A "TAKE THE PUNCHBOWL AWAY" WHEN THE ECONOMY IS STRONG...
OK...NOW ENTER, GREENSPAN AND RAY-GUN-OMICS:
GREENSPAN DISCOVERED THAT BY KEEPING THE PUNCHBOWL FILLED TO OVER-FLOWING...GROWTH AND EXPANSION COULD BECOME PERMANENT...
AND THE EXCESS "DOLLAR PRINTING" ENDED UP IN CENTRAL BANKS OR THE SOCK DRAWS OF THE GLOBAL MAN ON THE STREET...IN EUROPE, ASIA AND ELSEWHERE...
WE ENTERED THE POST-KEYNESIAN ERA OF PERMA-BUBBLES...
THE CURE FOR CHEAP MONEY WAS EVEN CHEAPER MONEY... THIS "ALLOWED" ALL MANNER OF PERVERSIONS IN THE AMERICAN ECONOMY...LIKE "STRUCTURAL" TRADE DEFICITS...AND DE-INDUSTRIALIZATION...AND MASSIVE ISSUANCE OF CONSUMER CREDIT...
THAT LASTED UNTIL 2008 ...THEN THE BUBBLE ERA ENDED ....
THE REAL FINALE OCCURED WITH THE RISE OF OIL AND GOLD THIS SUMMER...AND THE COLLAPSE OF THE DOLLAR.... (THIS TURNING POINT IS STILL NOT RECOGNIZED BY THE MSM...OR THE ECONOMIC ESTABLISHMENT!)
ESSENTIALLY WHAT "INVESTORS" ...READ HEDGE FUNDS...WERE SAYING IS THAT STOCKS AND OTHER PAPER ASSETS WERE TOO INFLATED AND THE AMERICAN CONSUMER TOO WEAK... AND THE DOLLAR IS TOO STRONG...
THEN THE LIQUIDATION PHASE KICKED IN... BUT AMAZINGLY THE DOLLAR GOT STRONGER AS PEOPLE SOLD PAPER AND OTHER ASSETS...FOR CASH... AND THE FED THOUGHT...WELL, THAT MEANS WE CAN PRINT EVEN MORE DOLLARS!!
THAT CREATED THIS HUGE AND MASSIVE PILE OF CASH ... "ON THE SIDELINES"....BUT STILL A REALLY PUNK ASSET MARKET FOR STOCKS AND OTHER SPECULATIONS...
NOW ENTERS THE POST-POST KEYNESIAN THINKING...
THE CURE FOR A PILE OF CASH...AND PUNK ASSETS PRICES...IS...!!
MORE CASH...!!
SO THE FED IS BUYING UP THE PUNK PAPER...AND ADDING GOBS OF CASH TO A SYSTEM THAT IS ALREADY STUFFED WITH CASH...!! BUT CONSIDER: WOULD THE FED BE ACTING THIS WAY IF THE DOLLAR WERE STILL "WEAK" BUT FOR THE "LIQUIDATION PANIC" OF THE LAST TWO MONTHS...? NO WAY!
WHAT NEXT...?
WELL WE SIT AND WAIT FOR THE CASH TO "COME OUT" OF THE SYSTEM...
BUT WHERE WILL IT GO...?
THE FED AND WALL STREET HOPES IT GOES BACK INTO PAPER ASSETS...
BUT THE HISTORY OF EXCESSIVE MONEY PRINTING SHOWS THAT EXCESSIVE PAPER TENDS TO GO INTO HARD ASSETS...LIKE GOLD, OIL AND OTHER COMMODITIES...
IN SHORT....SOME OF THE MONEY HOARD MAY GO INTO STOCKS AND BONDS AND PAPER...
BUT ENOUGH WILL GO INTO COMMODITIES...TO ESSENTIALLY PUT THE SYSTEM INTO A HYPER-INFLATION MODE...AS HAPPEN THIS SUMMER...THE LAST TIME THE MARKETS WERE "ALLOWED" TO ACT RATIONALLY AND WITHOUT MASSIVE GOVERNMENT AND FED MANIPULATION!
WATCH THE INTERACTION BETWEEN GOLD, OIL AND STOCKS...IT'S BIZARRO... THERE IS NO LOGICAL PATTERN...THIS COULD BE MANIPULATION OR PLUNGE PROTECTION...OR JUST HEDGE FUND GROUP THINK AND THEIR PROGRAM TRADES...
THERE ARE SO MANY TREES IN THE DAILY TRADING "FOREST" THAT...THE BIG PICTURE IS LOST AMID THE SCREAMING...
WHERE WILL THE CASH HOARD GO NEXT...?
THAT IS THE ONLY QUESTION WE NEED TO ASK...
WHEN THE PUNCH BOWL IS FULL...?
POST-POST-KEYNESIAN ECONOMICS SAYS:
GET A BIGGER PUNCH BOWL!!
THIS IS HYPER-INFLATION INCARNATE...
AND TAKE MONEY BACK...OR...MAKE MONEY SCARCER A/K/A "TAKE THE PUNCHBOWL AWAY" WHEN THE ECONOMY IS STRONG...
OK...NOW ENTER, GREENSPAN AND RAY-GUN-OMICS:
GREENSPAN DISCOVERED THAT BY KEEPING THE PUNCHBOWL FILLED TO OVER-FLOWING...GROWTH AND EXPANSION COULD BECOME PERMANENT...
AND THE EXCESS "DOLLAR PRINTING" ENDED UP IN CENTRAL BANKS OR THE SOCK DRAWS OF THE GLOBAL MAN ON THE STREET...IN EUROPE, ASIA AND ELSEWHERE...
WE ENTERED THE POST-KEYNESIAN ERA OF PERMA-BUBBLES...
THE CURE FOR CHEAP MONEY WAS EVEN CHEAPER MONEY... THIS "ALLOWED" ALL MANNER OF PERVERSIONS IN THE AMERICAN ECONOMY...LIKE "STRUCTURAL" TRADE DEFICITS...AND DE-INDUSTRIALIZATION...AND MASSIVE ISSUANCE OF CONSUMER CREDIT...
THAT LASTED UNTIL 2008 ...THEN THE BUBBLE ERA ENDED ....
THE REAL FINALE OCCURED WITH THE RISE OF OIL AND GOLD THIS SUMMER...AND THE COLLAPSE OF THE DOLLAR.... (THIS TURNING POINT IS STILL NOT RECOGNIZED BY THE MSM...OR THE ECONOMIC ESTABLISHMENT!)
ESSENTIALLY WHAT "INVESTORS" ...READ HEDGE FUNDS...WERE SAYING IS THAT STOCKS AND OTHER PAPER ASSETS WERE TOO INFLATED AND THE AMERICAN CONSUMER TOO WEAK... AND THE DOLLAR IS TOO STRONG...
THEN THE LIQUIDATION PHASE KICKED IN... BUT AMAZINGLY THE DOLLAR GOT STRONGER AS PEOPLE SOLD PAPER AND OTHER ASSETS...FOR CASH... AND THE FED THOUGHT...WELL, THAT MEANS WE CAN PRINT EVEN MORE DOLLARS!!
THAT CREATED THIS HUGE AND MASSIVE PILE OF CASH ... "ON THE SIDELINES"....BUT STILL A REALLY PUNK ASSET MARKET FOR STOCKS AND OTHER SPECULATIONS...
NOW ENTERS THE POST-POST KEYNESIAN THINKING...
THE CURE FOR A PILE OF CASH...AND PUNK ASSETS PRICES...IS...!!
MORE CASH...!!
SO THE FED IS BUYING UP THE PUNK PAPER...AND ADDING GOBS OF CASH TO A SYSTEM THAT IS ALREADY STUFFED WITH CASH...!! BUT CONSIDER: WOULD THE FED BE ACTING THIS WAY IF THE DOLLAR WERE STILL "WEAK" BUT FOR THE "LIQUIDATION PANIC" OF THE LAST TWO MONTHS...? NO WAY!
WHAT NEXT...?
WELL WE SIT AND WAIT FOR THE CASH TO "COME OUT" OF THE SYSTEM...
BUT WHERE WILL IT GO...?
THE FED AND WALL STREET HOPES IT GOES BACK INTO PAPER ASSETS...
BUT THE HISTORY OF EXCESSIVE MONEY PRINTING SHOWS THAT EXCESSIVE PAPER TENDS TO GO INTO HARD ASSETS...LIKE GOLD, OIL AND OTHER COMMODITIES...
IN SHORT....SOME OF THE MONEY HOARD MAY GO INTO STOCKS AND BONDS AND PAPER...
BUT ENOUGH WILL GO INTO COMMODITIES...TO ESSENTIALLY PUT THE SYSTEM INTO A HYPER-INFLATION MODE...AS HAPPEN THIS SUMMER...THE LAST TIME THE MARKETS WERE "ALLOWED" TO ACT RATIONALLY AND WITHOUT MASSIVE GOVERNMENT AND FED MANIPULATION!
WATCH THE INTERACTION BETWEEN GOLD, OIL AND STOCKS...IT'S BIZARRO... THERE IS NO LOGICAL PATTERN...THIS COULD BE MANIPULATION OR PLUNGE PROTECTION...OR JUST HEDGE FUND GROUP THINK AND THEIR PROGRAM TRADES...
THERE ARE SO MANY TREES IN THE DAILY TRADING "FOREST" THAT...THE BIG PICTURE IS LOST AMID THE SCREAMING...
WHERE WILL THE CASH HOARD GO NEXT...?
THAT IS THE ONLY QUESTION WE NEED TO ASK...
WHEN THE PUNCH BOWL IS FULL...?
POST-POST-KEYNESIAN ECONOMICS SAYS:
GET A BIGGER PUNCH BOWL!!
THIS IS HYPER-INFLATION INCARNATE...
MARKET FEELS RANGE BOUND...
THIS MARKET HAS A RANGE BOUND FEEL TO IT... KIND OF LIKE IT'S TRAPPED BETWEEN A DEPRESSION AND A HYPER-ACTIVE FED...
YES, I KNOW THE BIG MONEY IS PILING INTO CITI...BUT THESE "BIG MONEY" GUYS GOTTA GO SOMEWHERE...THE RATS ARE LOOKING FOR A "HAVEN" ON A SINKING SHIP...
BUT I'M NOT SO SURE THAT'S A GOOD LONG TERM PLAY... THERE ARE A LOT OF X FACTORS IN THIS ECONOMY... NOT THE LEAST OF WHICH IS THE DOLLAR AND GOLD...
THE FED IS PILING ON THE BORROWED AND PRINTED MONEY...BUT WHETHER ITS HELPING OR HURTING LONG TERM IS QUESTIONABLE...
AND BY NOW WHAT DIFFERENCE DOES IT MAKE... IT'S LIKE GOING THROUGH THE GLOVE BOX OF YOUR CAR AFTER IT'S BEEN TOTALED...! I MEAN WILL DOW 10,000 BRING BACK THE HAPPY DAZE...? I DOUBT IT...
AND THE AMERICAN CONSUMER SEEMS OUT OF THE PICTURE.... FOR A LONG WHILE...
IF BIG MONEY IS SMART MONEY THEN CITI MIGHT BE A BUY....
BUT BIG MONEY CAN ALSO BE A LITTLE DESPERATE ABOUT NOW...LOOKING FOR A SAFE PLACE TO RIDE THIS OUT...
IT WAS THE SO CALLED SMART MONEY THAT GOT US INTO THIS MESS...
AND REMEMBER KIRK'S BIG BET ON GM...
FURTHERMORE A BET ON CITIBANK IS REALLY A BET THAT THE END OF THE WORLD ISN'T COMING.... LIKE BETTING ON JESUS TO COME BACK AND SAVE YOU...
AND ON THAT I'M NOT SO SURE...
YES, I KNOW THE BIG MONEY IS PILING INTO CITI...BUT THESE "BIG MONEY" GUYS GOTTA GO SOMEWHERE...THE RATS ARE LOOKING FOR A "HAVEN" ON A SINKING SHIP...
BUT I'M NOT SO SURE THAT'S A GOOD LONG TERM PLAY... THERE ARE A LOT OF X FACTORS IN THIS ECONOMY... NOT THE LEAST OF WHICH IS THE DOLLAR AND GOLD...
THE FED IS PILING ON THE BORROWED AND PRINTED MONEY...BUT WHETHER ITS HELPING OR HURTING LONG TERM IS QUESTIONABLE...
AND BY NOW WHAT DIFFERENCE DOES IT MAKE... IT'S LIKE GOING THROUGH THE GLOVE BOX OF YOUR CAR AFTER IT'S BEEN TOTALED...! I MEAN WILL DOW 10,000 BRING BACK THE HAPPY DAZE...? I DOUBT IT...
AND THE AMERICAN CONSUMER SEEMS OUT OF THE PICTURE.... FOR A LONG WHILE...
IF BIG MONEY IS SMART MONEY THEN CITI MIGHT BE A BUY....
BUT BIG MONEY CAN ALSO BE A LITTLE DESPERATE ABOUT NOW...LOOKING FOR A SAFE PLACE TO RIDE THIS OUT...
IT WAS THE SO CALLED SMART MONEY THAT GOT US INTO THIS MESS...
AND REMEMBER KIRK'S BIG BET ON GM...
FURTHERMORE A BET ON CITIBANK IS REALLY A BET THAT THE END OF THE WORLD ISN'T COMING.... LIKE BETTING ON JESUS TO COME BACK AND SAVE YOU...
AND ON THAT I'M NOT SO SURE...
Tuesday, November 25, 2008
TOP BOARD GAMES FOR 2008 HOLIDAYS...
BORED WITH THE "GREAT GAME" ON WALL STREET...?
THE TITLE LINK HAS A LISTING OF THE CURRENT TOP BOARD GAMES...(GET AWAY FROM THE COMPUTER FOR A WHILE) ...
ONLY THE AWARD WINNERS AND THE PROVEN CONCEPTS ARE INCLUDED...AND THESE GAMES ARE RATED BY REAL "GAME GEEKS"....
I AM NOT A "GAMER" BUT ... I CAN VERIFY THAT THESE ARE THE BEST GAMES...
GREAT FOR THE HOLIDAYS...IF YOU'RE STUCK WITH STRANGE RELATIVES THAT YOU DON'T LIKE...AND THE FOOTBALL GAME GETS BORING...
THE TITLE LINK HAS A LISTING OF THE CURRENT TOP BOARD GAMES...(GET AWAY FROM THE COMPUTER FOR A WHILE) ...
ONLY THE AWARD WINNERS AND THE PROVEN CONCEPTS ARE INCLUDED...AND THESE GAMES ARE RATED BY REAL "GAME GEEKS"....
I AM NOT A "GAMER" BUT ... I CAN VERIFY THAT THESE ARE THE BEST GAMES...
GREAT FOR THE HOLIDAYS...IF YOU'RE STUCK WITH STRANGE RELATIVES THAT YOU DON'T LIKE...AND THE FOOTBALL GAME GETS BORING...
DARK MATTER....
WE SHOULD SERIOUSLY CONSIDER THAT THE HUMAN BRAIN MAY BE THE "WRONG TOOL" FOR THE JOB OF UNDERSTANDING THE UNIVERSE...
HUMAN PERCEPTION COULD JUST BE AN "IDIOM"...AS IN LANGUAGE...WHERE SOMETHING IS TRUE OR HAS 'A MEANING' ONLY BECAUSE WE AGREE THAT IT IS TRUE...OR MEANINGFUL.
YOU NEED LOOK NO FURTHER THAN OUR POLITICS AND ECONOMICS TO SEE THE LIMITATIONS ON THE HUMAN BRAIN...
I MEAN WHY ARE RED STATE BUBBA ASSHOLES FIGHTING THE OBAMA AGENDA...WHICH IS DESIGNED SPECIFICALLY TO HELP THEM...?
INSTEAD THE BUBBA ASSHOLES KEEP VOTING FOR WALL STREET WHICH IS SCREWING THEM ROYALLY!!
THE REAL "DARK MATTER" IS IN THE BRAINS OF WORKING CLASS REPUBLICANS...
HUMAN PERCEPTION COULD JUST BE AN "IDIOM"...AS IN LANGUAGE...WHERE SOMETHING IS TRUE OR HAS 'A MEANING' ONLY BECAUSE WE AGREE THAT IT IS TRUE...OR MEANINGFUL.
YOU NEED LOOK NO FURTHER THAN OUR POLITICS AND ECONOMICS TO SEE THE LIMITATIONS ON THE HUMAN BRAIN...
I MEAN WHY ARE RED STATE BUBBA ASSHOLES FIGHTING THE OBAMA AGENDA...WHICH IS DESIGNED SPECIFICALLY TO HELP THEM...?
INSTEAD THE BUBBA ASSHOLES KEEP VOTING FOR WALL STREET WHICH IS SCREWING THEM ROYALLY!!
THE REAL "DARK MATTER" IS IN THE BRAINS OF WORKING CLASS REPUBLICANS...
INVESTING IN CASH....HEDGING WITH GOLD
THERE IS A ODD NOTION OUT THERE THAT CASH IS NOT AN "INVESTMENT"...
THAT CASH IS SORT OF "ON THE SIDELINES" WAITING TO BE INVESTED...
THIS IS NONSENSE...CASH IS AS MUCH OF AN INVESTMENT AS ANY OTHER ASSET CLASS...
CONSIDER:
IN A DEFLATION...AS NOW...WHERE ASSETS ARE GOING DOWN CONSTANTLY...
THE VALUE OF CASH IS GOING UP EVERY DAY...
YOUR $1 BUYS MORE GOOGLE TODAY THAN IT DID LAST YEAR...!! YOUR $1 BUYS A BIGGER HOUSE TODAY THAN IT DID 6 MONTHS AGO...
SO CASH IS AN INVESTMENT...AND A GOOD INVESTMENT IN A DECLINING ASSET MARKET.
NOW...HERE'S THE PROBLEM... DUE TO OUR PREVAILING "KEYNESIAN" ORTHODOXY IN WASHINGTON...WHERE THE DOLLAR "ORIGINATES."
TOO MANY DOLLARS "BEING PRINTED" CAN MAKE THE VALUE OF CASH GO DOWN...
HERE'S WHERE THE GOLD HEDGE COMES IN...
YOU SIMPLY MUST HAVE GOLD TO PROTECT AGAINST THE DEVALUATION OF THE CURRENCY DURING HARD TIMES...
THE FED IS PRINTING MONEY WITH RECKLESS ABANDON...THE FED MAKES DRUNKEN SAILORS LOOK LIKE A TEMPERANCE LEAGUE...!
SO AS THE CRISIS DEEPENS...AND PEOPLE START TO NOTICE THE PROBLEM WITH THE DOLLAR...
WHICH, BY THE WAY .... IS SUDDENLY A "FRONT BURNER" ISSUE AGAIN...
MORE CASH HAS TO GO TO GOLD...
SO BOTTOM LINE...CASH IS BETTER THAN US BONDS...DURING BIG PLUNGES IN ASSET PRICES...
BUT IF THE GOVERNMENT STARTS PRINTING MONEY...GOLD KICKS IN AS A HEDGE ON HOLDING CASH...
TO DATE CASH HAS BEEN THE "INVESTMENT OF CHOICE" IN THE GLOBAL ECONOMY...HENCE THE SO CALLED "STRONG DOLLAR" NONSENSE LATELY.
BUT THE DOLLAR...MUCH LOVED AND HELD OUTSIDE OF THE US BY "ORDINARY PEOPLE"...IS BEING PRINTED LIKE MAD...
YOU KNOW IN FOREIGN COUNTRIES...CASH EXCHANGES ARE ON EVERY BLOCK!!
WHEN I WAS IN THE UKRAINE RECENTLY...I COULD PAY WITH DOLLARS OR UKRAINIAN MONEY... NO PROBLEM IT WAS 5 TO 1 FOR THE DOLLAR... AND THE CURRENCY EXCHANGE WAS ABOUT 500 FEET AWAY...FOR ME OR THE VENDOR...WHO PROBABLY PREFERED GETTING DOLLARS ANYWAY!
MOST PEOPLE IN NON-EUROLAND...DON'T REALLY TRUST THEIR MONEY OR THEIR BANKS... AND MANY OF THEM HAVE MORE DOLLARS IN THEIR POCKETS AND SOCK DRAWERS, THAN RUBLES OR DINARS OR WHATEVER...
I LOVE THE EURO...BUT I CAN'T PAY MY US ELECTRIC BILL IN EUROS...YET!
I WISH WE HEREIN AMERICA HAD A CASH EXCHANGE ON EVERY BLOCK LIKE IN THE REST OF THE WORLD...THEN WE COULD "VOTE ON" THE DOLLAR EVERYDAY...LIKE THEY DO IN MOST PLACES IN THE WORLD...
SO THE FED CAN ABUSED THE DOLLAR FOR A WHILE...
BUT GOD HELP US IF THE "MAN ON THE STREET" GLOBALLY...DECIDES TO HOLD HIS OWN COUNTRIES CURRENCY ... OR THE EURO...
AND TAKES THE DOLLARS OUT OF HIS WALLET ... AND SOCK DRAWER...!
THAT CASH IS SORT OF "ON THE SIDELINES" WAITING TO BE INVESTED...
THIS IS NONSENSE...CASH IS AS MUCH OF AN INVESTMENT AS ANY OTHER ASSET CLASS...
CONSIDER:
IN A DEFLATION...AS NOW...WHERE ASSETS ARE GOING DOWN CONSTANTLY...
THE VALUE OF CASH IS GOING UP EVERY DAY...
YOUR $1 BUYS MORE GOOGLE TODAY THAN IT DID LAST YEAR...!! YOUR $1 BUYS A BIGGER HOUSE TODAY THAN IT DID 6 MONTHS AGO...
SO CASH IS AN INVESTMENT...AND A GOOD INVESTMENT IN A DECLINING ASSET MARKET.
NOW...HERE'S THE PROBLEM... DUE TO OUR PREVAILING "KEYNESIAN" ORTHODOXY IN WASHINGTON...WHERE THE DOLLAR "ORIGINATES."
TOO MANY DOLLARS "BEING PRINTED" CAN MAKE THE VALUE OF CASH GO DOWN...
HERE'S WHERE THE GOLD HEDGE COMES IN...
YOU SIMPLY MUST HAVE GOLD TO PROTECT AGAINST THE DEVALUATION OF THE CURRENCY DURING HARD TIMES...
THE FED IS PRINTING MONEY WITH RECKLESS ABANDON...THE FED MAKES DRUNKEN SAILORS LOOK LIKE A TEMPERANCE LEAGUE...!
SO AS THE CRISIS DEEPENS...AND PEOPLE START TO NOTICE THE PROBLEM WITH THE DOLLAR...
WHICH, BY THE WAY .... IS SUDDENLY A "FRONT BURNER" ISSUE AGAIN...
MORE CASH HAS TO GO TO GOLD...
SO BOTTOM LINE...CASH IS BETTER THAN US BONDS...DURING BIG PLUNGES IN ASSET PRICES...
BUT IF THE GOVERNMENT STARTS PRINTING MONEY...GOLD KICKS IN AS A HEDGE ON HOLDING CASH...
TO DATE CASH HAS BEEN THE "INVESTMENT OF CHOICE" IN THE GLOBAL ECONOMY...HENCE THE SO CALLED "STRONG DOLLAR" NONSENSE LATELY.
BUT THE DOLLAR...MUCH LOVED AND HELD OUTSIDE OF THE US BY "ORDINARY PEOPLE"...IS BEING PRINTED LIKE MAD...
YOU KNOW IN FOREIGN COUNTRIES...CASH EXCHANGES ARE ON EVERY BLOCK!!
WHEN I WAS IN THE UKRAINE RECENTLY...I COULD PAY WITH DOLLARS OR UKRAINIAN MONEY... NO PROBLEM IT WAS 5 TO 1 FOR THE DOLLAR... AND THE CURRENCY EXCHANGE WAS ABOUT 500 FEET AWAY...FOR ME OR THE VENDOR...WHO PROBABLY PREFERED GETTING DOLLARS ANYWAY!
MOST PEOPLE IN NON-EUROLAND...DON'T REALLY TRUST THEIR MONEY OR THEIR BANKS... AND MANY OF THEM HAVE MORE DOLLARS IN THEIR POCKETS AND SOCK DRAWERS, THAN RUBLES OR DINARS OR WHATEVER...
I LOVE THE EURO...BUT I CAN'T PAY MY US ELECTRIC BILL IN EUROS...YET!
I WISH WE HEREIN AMERICA HAD A CASH EXCHANGE ON EVERY BLOCK LIKE IN THE REST OF THE WORLD...THEN WE COULD "VOTE ON" THE DOLLAR EVERYDAY...LIKE THEY DO IN MOST PLACES IN THE WORLD...
SO THE FED CAN ABUSED THE DOLLAR FOR A WHILE...
BUT GOD HELP US IF THE "MAN ON THE STREET" GLOBALLY...DECIDES TO HOLD HIS OWN COUNTRIES CURRENCY ... OR THE EURO...
AND TAKES THE DOLLARS OUT OF HIS WALLET ... AND SOCK DRAWER...!
Monday, November 24, 2008
REVOLUTIONARY EVENTS....
FOR THE FIRST TIME TODAY I HAD THE FEELING THAT WE MAY BE AT THE BEGINNING OF ...OR IN THE MIDST OF A GENUINE REVOLUTION...!
REVOLUTION BEING THE STATE OF AFFAIRS WHERE NOTHING WILL EVER BE THE SAME AS IT WAS...
AND NO.... I AM NOT IMPRESSED WITH THE 900 POINT RALLY IN THE DOW...IN ABOUT 7 1/2 "TRADING HOURS...." FROM 3PM FRIDAY TO 4PM TODAY...
IF ANYTHING THAT DEGREE OF VOLATILITY IS MORE REVOLUTIONARY THAT ANYTHING SO FAR... OVERSOLD MARKETS AND SHORT COVERING CAN ACCOUNT FOR MOST OF THE RALLY... WE'VE SEEN THIS BEFORE...IN SPADES...
BEWARE OF "FALSE DAWNS" BECAUSE THIS TYPE OF CRISIS PRODUCES A LOT OF THEM...! THE 70'S ARE ONLY THE MOST RECENT EXAMPLE...
THE REALLY REVOLUTIONARY ASPECT IS THAT NO ONE SEEMS TO HAVE AN ANSWER TO THE QUESTION: "WHAT NEXT...?"
THE US ECONOMY IS A MACROECONOMIC BASKET CASE...YET IT IS STILL FUNCTIONING... ALMOST LIKE A PLANE THAT HAS LOST ALL OF IT'S ENGINES...BUT STILL FLYS... FOR A WHILE...
SO FAR WE ARE JUST TREATING THE SYMPTOMS... BUT AT SOME POINT THE "PAIN PILLS" WILL NOT WORK...BECAUSE A "BAILOUT-A-DAY" IS NOT A STRATEGY ...IT'S A TACTIC...AND A LOSING TACTIC AT THAT...
SOONER OR LATER, SOME MAJOR REORGANIZATION WILL BE NEEDED... BECAUSE THE CANCER OF GREED AND FREE TRADE, DEBT AND DEFICITS IS DEEP INSIDE THE SYSTEM...
AND ONLY MAJOR SURGERY WILL GET IT OUT...
RALLY ON...BUT I'LL STAY IN CASH AND GOLD...FOR THE DURATION.
SOON, THIS CRISIS WILL METASTASIZE INTO --NOT ONLY THE REAL ECONOMY--BUT THE SOCIETY AND CULTURE ITSELF...
THIS IS MUCH MUCH DEEPER THAN ANYONE CAN IMAGINE RIGHT NOW...
IF NOTHING ELSE HAPPENED...THIS CRISIS YEAR OF 2008 WOULD BE HISTORIC...
BUT THERE IS A LOT MORE TO COME...
I SENSE THAT WE HAVE NOT EVEN SCRATCHED THE SURFACE...
REVOLUTION BEING THE STATE OF AFFAIRS WHERE NOTHING WILL EVER BE THE SAME AS IT WAS...
AND NO.... I AM NOT IMPRESSED WITH THE 900 POINT RALLY IN THE DOW...IN ABOUT 7 1/2 "TRADING HOURS...." FROM 3PM FRIDAY TO 4PM TODAY...
IF ANYTHING THAT DEGREE OF VOLATILITY IS MORE REVOLUTIONARY THAT ANYTHING SO FAR... OVERSOLD MARKETS AND SHORT COVERING CAN ACCOUNT FOR MOST OF THE RALLY... WE'VE SEEN THIS BEFORE...IN SPADES...
BEWARE OF "FALSE DAWNS" BECAUSE THIS TYPE OF CRISIS PRODUCES A LOT OF THEM...! THE 70'S ARE ONLY THE MOST RECENT EXAMPLE...
THE REALLY REVOLUTIONARY ASPECT IS THAT NO ONE SEEMS TO HAVE AN ANSWER TO THE QUESTION: "WHAT NEXT...?"
THE US ECONOMY IS A MACROECONOMIC BASKET CASE...YET IT IS STILL FUNCTIONING... ALMOST LIKE A PLANE THAT HAS LOST ALL OF IT'S ENGINES...BUT STILL FLYS... FOR A WHILE...
SO FAR WE ARE JUST TREATING THE SYMPTOMS... BUT AT SOME POINT THE "PAIN PILLS" WILL NOT WORK...BECAUSE A "BAILOUT-A-DAY" IS NOT A STRATEGY ...IT'S A TACTIC...AND A LOSING TACTIC AT THAT...
SOONER OR LATER, SOME MAJOR REORGANIZATION WILL BE NEEDED... BECAUSE THE CANCER OF GREED AND FREE TRADE, DEBT AND DEFICITS IS DEEP INSIDE THE SYSTEM...
AND ONLY MAJOR SURGERY WILL GET IT OUT...
RALLY ON...BUT I'LL STAY IN CASH AND GOLD...FOR THE DURATION.
SOON, THIS CRISIS WILL METASTASIZE INTO --NOT ONLY THE REAL ECONOMY--BUT THE SOCIETY AND CULTURE ITSELF...
THIS IS MUCH MUCH DEEPER THAN ANYONE CAN IMAGINE RIGHT NOW...
IF NOTHING ELSE HAPPENED...THIS CRISIS YEAR OF 2008 WOULD BE HISTORIC...
BUT THERE IS A LOT MORE TO COME...
I SENSE THAT WE HAVE NOT EVEN SCRATCHED THE SURFACE...
ALL BAILOUTS. ALL THE TIME...CAUSES MASSIVE BEAR MARKET RALLY!!
THIS COULD BE THE BIG RALLY THAT EVERYONE HAS BEEN EXPECTING...
IT WILL BE SHORT BUT HUGE...ALL THE SHORTS WILL BE COVERED BEFORE IT'S OVER...
TWO THOUSAND POINTS OR MORE IS POSSIBLE...
IT WILL ALL BE BASED ON THE MARKETS SUSPENSION OF DISBELIEF...BUT WE RALLIED FOR YEARS ON LESS!!
GOLD AND OIL WILL STOP THE RALLY...AT SOME POINT.
IT WILL BE SHORT BUT HUGE...ALL THE SHORTS WILL BE COVERED BEFORE IT'S OVER...
TWO THOUSAND POINTS OR MORE IS POSSIBLE...
IT WILL ALL BE BASED ON THE MARKETS SUSPENSION OF DISBELIEF...BUT WE RALLIED FOR YEARS ON LESS!!
GOLD AND OIL WILL STOP THE RALLY...AT SOME POINT.
BUILDERS NEXT IN LINE AT BERNANKE'S SOUP KITCHEN!
THE USUAL ARGUMENTS WILL BE USED...
THINK OF ALL THE JOBS...AND STOCKS, BONDS, AND NOTES... ETC.
MY HUNCH IS THAT THEY GET BAILED OUT EVENTUALLY LIKE ALL THE OTHERS.
SOON EVERYONE WILL BE HUDDLED UNDER "THE TARP!"...WAITING FOR OUR HANDOUTS FROM THE NATIONAL SOCIALISTS IN WASHINGTON...
THINK OF ALL THE JOBS...AND STOCKS, BONDS, AND NOTES... ETC.
MY HUNCH IS THAT THEY GET BAILED OUT EVENTUALLY LIKE ALL THE OTHERS.
SOON EVERYONE WILL BE HUDDLED UNDER "THE TARP!"...WAITING FOR OUR HANDOUTS FROM THE NATIONAL SOCIALISTS IN WASHINGTON...
SELL THE SHORT COVERING/CITI RALLY BEFORE 3PM...!
THIS RALLY IS PROBABLY SHORT COVERING... AND THE DAYTRADERS AND MONEY RUNNERS ARE CHASING THEM UP HILL...
BUT BY 3PM...ONLY A FOOL WOULD KEEP RUNNING...
THE OBAMA SPEECH COULD HELP THE RALLY...BUT I SUSPECT A STEEP SELL OFF BEFORE 4PM...REMEMBER THIS IS A SHORT WEEK...
MONDAY AND TUESDAY REALLY...
MANY PEOPLE WILL BUG OUT EARLY ON WEDNESDAY CREATING THIN MARKET CONDITIONS.
...AND THURSDAY AND FRIDAY ARE HOLIDAYS FOR MOST PEOPLE...
FURTHERMORE, THE BLACK FRIDAY SALES WILL PROBABLY BE GLOOM AND DOOM ALL THE WAY...
BUT BY 3PM...ONLY A FOOL WOULD KEEP RUNNING...
THE OBAMA SPEECH COULD HELP THE RALLY...BUT I SUSPECT A STEEP SELL OFF BEFORE 4PM...REMEMBER THIS IS A SHORT WEEK...
MONDAY AND TUESDAY REALLY...
MANY PEOPLE WILL BUG OUT EARLY ON WEDNESDAY CREATING THIN MARKET CONDITIONS.
...AND THURSDAY AND FRIDAY ARE HOLIDAYS FOR MOST PEOPLE...
FURTHERMORE, THE BLACK FRIDAY SALES WILL PROBABLY BE GLOOM AND DOOM ALL THE WAY...
WASHINGTON TAKES HYPER-INFLATION ROUTE...
KNOW THIS... WASHINGTON HAS LEARNED IT'S "LEHMAN LESSON" WELL...
TOO WELL!
...NOTHING WILL EVER BE ALLOWED TO FAIL AGAIN...
WE ARE IN THE "SERIAL BAILOUT" PHASE OF THIS WIEMAR LIKE HYPER-INFLATION.
IN SHORT, THE FED AND WASHINGTON...AND OBAMA HAVE DECIDED TO HYPER-INFLATE THE ECONOMY TO "SAVE IT...."
EXACTLY LIKE GERMANY IN THE 1920'S...WHICH WAS THE REAL CAUSE OF THE GREAT DEPRESSION A FEW YEARS LATER...WHICH MADE "THE 40'S" INEVITABLE.
THEY HAVE IN EFFECTED BEEN OFFERED THE "WIEMAR OPTION" AND THEY ARE GOING TO GRAB IT WITH BOTH HANDS...
REMEMBER, CIVILIZED NATIONS DO NOT HYPER-INFLATE UNLESS THEY ABSOLUTELY HAVE TO...
HOW LONG CAN IT GO...? TO 1000%...10,000% ONE MILLION PERCENT...?
WELL, AT SOME POINT, THE SYSTEM COLLAPSES AND YOU HAVE A MASSIVE SOCIAL UNREST SCENARIO...
WE ARE NOT THERE YET... BUT OBAMA SHOULD SERIOUSLY CONSIDER RESTORING THE SOCIAL SAFETY NET ...AS JOB ONE...! ASAP!
ULTIMATELY, WE END UP WITH A NATION WHERE ALL COMPANIES AND ALL SERVICES HAVE BEEN NATIONALIZED... A NATIONAL SOCIALISM IF YOU LIKE...!
IF GOLD GOES TO 1000...PERHAPS THE DOW CAN GO TO 10,000 AGAIN...
ANY PERCENTAGE INCREASE IN GOLD...WILL "ALLOW" THE MAJOR AVERAGES TO INFLATE ACCORDINGLY...
WHAT'S THE LIMIT...
WELL IF GOLD AND OIL GO BACK TO LAST SUMMERS LEVELS...AND GAS IT'S $4++....AND THE DOLLAR STARTS BACK DOWN...AND GOLD BACK UP...
THE FED WILL BE FORCED TO RAISE RATES...
REMEMBER THE REAL START OF THE TROUBLE WAS $4 GAS IN THE SUMMER...THAT WAS THE CANARY IN THE DOLLAR'S MINESHAFT THAT SO MANY PEOPLE MISSED...
SO THE RATE HIKE IS COMPLETELY TIED TO THE LEVEL OF GOLD NOW... FORGET THE DAILY MOVES IN THE DOLLAR AND OIL...THEY ARE DISTORTED BY THE MAKRETS FOR VARIOUS TRADING REASONS.
THE DOLLAR'S TRUE "VALUE" IS BEING EFFECTIVELY MASKED BY THE "LIQUIDATION PANIC"...
SOON THE LIQUIDATION PANIC WILL ABATE...AND MUCH OF THAT LIQUIDITY WILL RUSH INTO GOLD...
THE ONLY OPTION TO KEEP A RUN ON THE DOLLAR FROM HAPPENING WILL BE HIGHER RATES...
BOTTOM LINE:
IF THE FED GOES TO ZERO ON FED FUNDS...?
WITHIN 6 MONTHS....THE FED WILL BE AT 10% IN A HEADLONG PANIC TO "SAVE THE DOLLAR"...AND THE US ECONOMY FROM NASCENT HYPER-INFLATION.
TOO WELL!
...NOTHING WILL EVER BE ALLOWED TO FAIL AGAIN...
WE ARE IN THE "SERIAL BAILOUT" PHASE OF THIS WIEMAR LIKE HYPER-INFLATION.
IN SHORT, THE FED AND WASHINGTON...AND OBAMA HAVE DECIDED TO HYPER-INFLATE THE ECONOMY TO "SAVE IT...."
EXACTLY LIKE GERMANY IN THE 1920'S...WHICH WAS THE REAL CAUSE OF THE GREAT DEPRESSION A FEW YEARS LATER...WHICH MADE "THE 40'S" INEVITABLE.
THEY HAVE IN EFFECTED BEEN OFFERED THE "WIEMAR OPTION" AND THEY ARE GOING TO GRAB IT WITH BOTH HANDS...
REMEMBER, CIVILIZED NATIONS DO NOT HYPER-INFLATE UNLESS THEY ABSOLUTELY HAVE TO...
HOW LONG CAN IT GO...? TO 1000%...10,000% ONE MILLION PERCENT...?
WELL, AT SOME POINT, THE SYSTEM COLLAPSES AND YOU HAVE A MASSIVE SOCIAL UNREST SCENARIO...
WE ARE NOT THERE YET... BUT OBAMA SHOULD SERIOUSLY CONSIDER RESTORING THE SOCIAL SAFETY NET ...AS JOB ONE...! ASAP!
ULTIMATELY, WE END UP WITH A NATION WHERE ALL COMPANIES AND ALL SERVICES HAVE BEEN NATIONALIZED... A NATIONAL SOCIALISM IF YOU LIKE...!
IF GOLD GOES TO 1000...PERHAPS THE DOW CAN GO TO 10,000 AGAIN...
ANY PERCENTAGE INCREASE IN GOLD...WILL "ALLOW" THE MAJOR AVERAGES TO INFLATE ACCORDINGLY...
WHAT'S THE LIMIT...
WELL IF GOLD AND OIL GO BACK TO LAST SUMMERS LEVELS...AND GAS IT'S $4++....AND THE DOLLAR STARTS BACK DOWN...AND GOLD BACK UP...
THE FED WILL BE FORCED TO RAISE RATES...
REMEMBER THE REAL START OF THE TROUBLE WAS $4 GAS IN THE SUMMER...THAT WAS THE CANARY IN THE DOLLAR'S MINESHAFT THAT SO MANY PEOPLE MISSED...
SO THE RATE HIKE IS COMPLETELY TIED TO THE LEVEL OF GOLD NOW... FORGET THE DAILY MOVES IN THE DOLLAR AND OIL...THEY ARE DISTORTED BY THE MAKRETS FOR VARIOUS TRADING REASONS.
THE DOLLAR'S TRUE "VALUE" IS BEING EFFECTIVELY MASKED BY THE "LIQUIDATION PANIC"...
SOON THE LIQUIDATION PANIC WILL ABATE...AND MUCH OF THAT LIQUIDITY WILL RUSH INTO GOLD...
THE ONLY OPTION TO KEEP A RUN ON THE DOLLAR FROM HAPPENING WILL BE HIGHER RATES...
BOTTOM LINE:
IF THE FED GOES TO ZERO ON FED FUNDS...?
WITHIN 6 MONTHS....THE FED WILL BE AT 10% IN A HEADLONG PANIC TO "SAVE THE DOLLAR"...AND THE US ECONOMY FROM NASCENT HYPER-INFLATION.
WASHINGTON GOING BROKE ON BAILOUTS....
I REALLY DON'T THINK IT MAKES ANY DIFFERENCE WHO OR WHAT IS "BAILED OUT"....
WASHINGTON IS BROKE...IT'S ALL JUST PAPER NOW... AND ONLY A FOOL WOULD HOLD US BONDS LONG TERM...
MY HUNCH IS THAT GOLD WILL MOVE ON MONDAY...EVEN WITH THE SHILLS IN THERE BASHING THE METAL ALL DAY...
THERE IS NO MORAL HAZARD ... ONLY THE PRINTING PRESS...
WASHINGTON IS BROKE...IT'S ALL JUST PAPER NOW... AND ONLY A FOOL WOULD HOLD US BONDS LONG TERM...
MY HUNCH IS THAT GOLD WILL MOVE ON MONDAY...EVEN WITH THE SHILLS IN THERE BASHING THE METAL ALL DAY...
THERE IS NO MORAL HAZARD ... ONLY THE PRINTING PRESS...
Sunday, November 23, 2008
SELL EARLY, SELL HARD...
THE BIG "TREASURY RALLY" WAS A LITTLE NUTS...
BUT THE MARKET WAS MASSIVELY OVERSOLD
AND THE SHORTS WERE ITCHING TO COVER AND TAKE PROFITS...
THE CITI SETTLEMENT...WHICH WILL LIKELY POP UP LIKE TOAST TOMORROW MORNING...WILL NO DOUBT CAUSE MORE OUTRAGE AND HYSTERICS IN THE CABLE TV PUNDITOCRACY...
BECAUSE...LETS FACE IT...NOTHING YOU CAN DO FOR CITIBANK AT THIS TIME WILL BE "GOOD"...FOR EVERYONE INVOLVED...
SO LOOK FOR A LOT OF DOOM SAYING...DESK POUNDING...AND YELLING!!
HAVE YOU NOTICED THE LEVEL OF YELLING ON THE FINANCIAL NEWS LATELY...
IF THERE ARE FOUR BOXES ON YOUR CABLE TV SCREEN...ALL FOUR ARE SCREAMING AT ONCE.
YOU JUST LISTEN TO ONE ... AND TUNE THE OTHERS OUT...?!
IT'S GETTING REAL CRAZY OUT THERE...AND THE SO CALLED "CONSERVATIVES" ARE NOT BACKING DOWN IN THE FACE OF THEIR MASSIVE LOSSES IN THE RECENT ELECTIONS.
MAYBE THAT'S WHY THE ROMANS ALWAYS CHOSE A "DICTATOR" DURING TIMES OF TROUBLE...
AND THE RUSSIANS EMBRACED THE BENEFITS OF AN "AUTOCRACY" IN THE OLD DAYS... AND EVEN RECENTLY...!
JUST CUT OUT THE FUCKIN "DEBATES" AND "OPINIONS!"
AND JUST PICK SOMEONE...ANYONE TO "FIX IT"...TO GET ON WITH EITHER SOLVING THE PROBLEM... OR SINKING THE SHIP...
THIS SELF APPOINTED COMMITTEE OF PUNDITS, YELLERS AND SCREAMERS...IS JUST TOO DAMN MUCH ALREADY...!!
I DON'T CARE IF IT'S BERNANKE, PAULSON, SUMMERS, OR JOE THE PLUMBER...
JUST PUT SOMEONE IN CHARGE...AN "ECONOMY CZAR"...THEN TELL THEM: "FIX IT!"
AND ASK EVERYONE ELSE TO SHUT UP FOR A WHILE!
JUST FIX IT... DAMN IT...!! LIKE THEY SAY ON SATURDAY NIGHT LIVE...
FIX IT!!
BUT THE MARKET WAS MASSIVELY OVERSOLD
AND THE SHORTS WERE ITCHING TO COVER AND TAKE PROFITS...
THE CITI SETTLEMENT...WHICH WILL LIKELY POP UP LIKE TOAST TOMORROW MORNING...WILL NO DOUBT CAUSE MORE OUTRAGE AND HYSTERICS IN THE CABLE TV PUNDITOCRACY...
BECAUSE...LETS FACE IT...NOTHING YOU CAN DO FOR CITIBANK AT THIS TIME WILL BE "GOOD"...FOR EVERYONE INVOLVED...
SO LOOK FOR A LOT OF DOOM SAYING...DESK POUNDING...AND YELLING!!
HAVE YOU NOTICED THE LEVEL OF YELLING ON THE FINANCIAL NEWS LATELY...
IF THERE ARE FOUR BOXES ON YOUR CABLE TV SCREEN...ALL FOUR ARE SCREAMING AT ONCE.
YOU JUST LISTEN TO ONE ... AND TUNE THE OTHERS OUT...?!
IT'S GETTING REAL CRAZY OUT THERE...AND THE SO CALLED "CONSERVATIVES" ARE NOT BACKING DOWN IN THE FACE OF THEIR MASSIVE LOSSES IN THE RECENT ELECTIONS.
MAYBE THAT'S WHY THE ROMANS ALWAYS CHOSE A "DICTATOR" DURING TIMES OF TROUBLE...
AND THE RUSSIANS EMBRACED THE BENEFITS OF AN "AUTOCRACY" IN THE OLD DAYS... AND EVEN RECENTLY...!
JUST CUT OUT THE FUCKIN "DEBATES" AND "OPINIONS!"
AND JUST PICK SOMEONE...ANYONE TO "FIX IT"...TO GET ON WITH EITHER SOLVING THE PROBLEM... OR SINKING THE SHIP...
THIS SELF APPOINTED COMMITTEE OF PUNDITS, YELLERS AND SCREAMERS...IS JUST TOO DAMN MUCH ALREADY...!!
I DON'T CARE IF IT'S BERNANKE, PAULSON, SUMMERS, OR JOE THE PLUMBER...
JUST PUT SOMEONE IN CHARGE...AN "ECONOMY CZAR"...THEN TELL THEM: "FIX IT!"
AND ASK EVERYONE ELSE TO SHUT UP FOR A WHILE!
JUST FIX IT... DAMN IT...!! LIKE THEY SAY ON SATURDAY NIGHT LIVE...
FIX IT!!
CITI CLEANSED OF BAD DEBTS!! KEEPS THE GOOD DEBTS!!
IT'S MAGIC...!!
THE BAD DEBTS ARE SEPERATED OUT...DUMPED ON THE TAXPAYERS...AS A "FAILED" OR "BAD BANK..."
BUT THE GOOD DEBTS ARE LEFT ON THE BALANCE SHEET... TO SHOW HOW WELL MANAGED THE BANK WAS...!!
BIG BONUSES ALL ROUND!!
....FOR EVERYONE!!
SO INSTEAD OF GETTING EQUITY IN A REAL BANK...THE TAXPAYERS "BUY" A PRE-PACKAGED "BAD BANK!!"
WHO CAN WE IMPEACH...FOR THIS...?
THE BAD DEBTS ARE SEPERATED OUT...DUMPED ON THE TAXPAYERS...AS A "FAILED" OR "BAD BANK..."
BUT THE GOOD DEBTS ARE LEFT ON THE BALANCE SHEET... TO SHOW HOW WELL MANAGED THE BANK WAS...!!
BIG BONUSES ALL ROUND!!
....FOR EVERYONE!!
SO INSTEAD OF GETTING EQUITY IN A REAL BANK...THE TAXPAYERS "BUY" A PRE-PACKAGED "BAD BANK!!"
WHO CAN WE IMPEACH...FOR THIS...?
OBAMA DUMPS GM...!!
WORSE, OBAMA HAS A STIMULUS PACKAGE THAT WON'T STIMULATE ANYTHING BUT THE DEFICITS...AND ULTIMATELY TRASH THE DOLLAR...
SOLVING THE UNDERLYING PROBLEMS...LIKE HEALTH CARE...AND THE INSANE TRADE IMBALANCES...WOULD BE A BETTER...AND MORE LONG TERM SOLUTION.
JUST WRITING CHECKS WON'T SOLVE THIS CRISIS...
ESPECIALLY WHEN WE THEN TELL PEOPLE "GO SHOPPING AT BEST BUY"...FOR A CHINESE MADE TELEVISION!!
WHEN DID WE GET SO STUPID...WAS IT THE EIGHT YEARS OF DUBYA...?
SOLVING THE UNDERLYING PROBLEMS...LIKE HEALTH CARE...AND THE INSANE TRADE IMBALANCES...WOULD BE A BETTER...AND MORE LONG TERM SOLUTION.
JUST WRITING CHECKS WON'T SOLVE THIS CRISIS...
ESPECIALLY WHEN WE THEN TELL PEOPLE "GO SHOPPING AT BEST BUY"...FOR A CHINESE MADE TELEVISION!!
WHEN DID WE GET SO STUPID...WAS IT THE EIGHT YEARS OF DUBYA...?
GEORGIAN PRESIDENT DELUSIONAL AND DANGEROUS.
SAAKASHVILI NEEDS PSYCHIATRIC HELP... HIS ATTEMPT TO CREATE A 1914 STYLE EVENT TODAY FAILED...
IT APPEARS THAT SAAKASHVILI TRIED TO PROVOKE THE RUSSIANS WITH THE POLISH PRESIDENT IN THE CAR...
IT APPEARS THAT SAAKASHVILI TRIED TO PROVOKE THE RUSSIANS WITH THE POLISH PRESIDENT IN THE CAR...
THIS GUY IS NUTS...
GEORGIA NEEDS A NEW LEADER ASAP...!
NATIONAL HEALTH CARE IS BEST "STIMULUS" TO ECONOMY AND JOBS...
ARE WE GOING TO GET A CRACKPOT "ROADS AND SCHOOLS" STIMULUS PACKAGE...ALA...THE FDR NEW DEAL?
OR... SOMETHING THAT WILL REALLY HELP PEOPLE GET JOBS AND CUT COSTS FOR POTENTIAL EMPOLYERS...?
LIKE A NATIONAL HEALTH CARE PLAN... AS THE REST OF THE WORLD HAS HAD FOR DECADES!
THE NOTION THAT OBAMA IS GOING TO STEAL A PLAY FROM THE 1932 FDR PLAYBOOK ... AND THUS "SAVE THE ECONOMY" IS PURE BULLSHIT...
IN 1932 MOST AMERICAN ROADS WERE UNPAVED AND RURAL AREAS DID NOT EVEN HAVE ELECTRICITY...!
THE MAJOR CAUSE OF JOBS LOSS...AND POOR JOB FORMATION NOW...IS THAT EMPLOYERS CAN NOT AFFORD THE HEALTH CARE PREMIUMS FOR NEW WORKERS...WHICH CAN BE EQUAL OR CLOSE TO THE ACTUAL WAGES PAID TO THE WORKER...
ADD FAMILY COVERAGE...AND IT'S A DEAL BREAKER FOR MOST EMPLOYERS..!
THE BEST "STIMULUS" FOR JOBS CREATION AND THE ECONOMY IN GENERAL WOULD BE A NATIONAL HEALTH CARE PROGRAM THAT TAKES HEALTH CARE OFF THE BACKS OF EMPLOYERS .... LIKE GM AND FORD ...BUT ALSO MICROSOFT AND THE STATES THAT PROVIDE MEDICAID FOR WALMART'S LOW WAGE WORKERS NATIONALLY.....AND OTHERS...!!
MARK THIS WELL...
NOTHING WILL BE SOLVED UNTIL NATIONAL HEALTH INSURANCE IS SOLVED...
AND OBAMA SHOULD BE CAREFUL NOT TO TAKE HIS CUES FROM THE GOD DAMNED HEALTH CARE LOBBY...OR THE ASSHOLES IN BIG PHARMA...
RATHER ...PLEASE...!
JUST LOOK TO CANADA...OR THE UK...OR FRANCE...ANY PLACE THAT ALREADY HAS HAD NATIONAL HEALTH CARE AND JUST GO WITH IT...!!
THIS IS NOT ROCKET SCIENCE...OBAMA DOES NOT HAVE TO RE-INVENT THE WHEEL TO TAKE AMERICA AND AMERICAN WORKERS INTO THE 20TH CENTURY...!! YES...I DID MEAN 20TH CENTURY...!! SINCE THAT IS HOW LONG THE REST OF THE WORLD HAS HAD NATIONAL HEALTH CARE PROGRAMS IN PLACE...!!
JUST FUCKIN DO IT ALREADY...!!
OR... SOMETHING THAT WILL REALLY HELP PEOPLE GET JOBS AND CUT COSTS FOR POTENTIAL EMPOLYERS...?
LIKE A NATIONAL HEALTH CARE PLAN... AS THE REST OF THE WORLD HAS HAD FOR DECADES!
THE NOTION THAT OBAMA IS GOING TO STEAL A PLAY FROM THE 1932 FDR PLAYBOOK ... AND THUS "SAVE THE ECONOMY" IS PURE BULLSHIT...
IN 1932 MOST AMERICAN ROADS WERE UNPAVED AND RURAL AREAS DID NOT EVEN HAVE ELECTRICITY...!
THE MAJOR CAUSE OF JOBS LOSS...AND POOR JOB FORMATION NOW...IS THAT EMPLOYERS CAN NOT AFFORD THE HEALTH CARE PREMIUMS FOR NEW WORKERS...WHICH CAN BE EQUAL OR CLOSE TO THE ACTUAL WAGES PAID TO THE WORKER...
ADD FAMILY COVERAGE...AND IT'S A DEAL BREAKER FOR MOST EMPLOYERS..!
THE BEST "STIMULUS" FOR JOBS CREATION AND THE ECONOMY IN GENERAL WOULD BE A NATIONAL HEALTH CARE PROGRAM THAT TAKES HEALTH CARE OFF THE BACKS OF EMPLOYERS .... LIKE GM AND FORD ...BUT ALSO MICROSOFT AND THE STATES THAT PROVIDE MEDICAID FOR WALMART'S LOW WAGE WORKERS NATIONALLY.....AND OTHERS...!!
MARK THIS WELL...
NOTHING WILL BE SOLVED UNTIL NATIONAL HEALTH INSURANCE IS SOLVED...
AND OBAMA SHOULD BE CAREFUL NOT TO TAKE HIS CUES FROM THE GOD DAMNED HEALTH CARE LOBBY...OR THE ASSHOLES IN BIG PHARMA...
RATHER ...PLEASE...!
JUST LOOK TO CANADA...OR THE UK...OR FRANCE...ANY PLACE THAT ALREADY HAS HAD NATIONAL HEALTH CARE AND JUST GO WITH IT...!!
THIS IS NOT ROCKET SCIENCE...OBAMA DOES NOT HAVE TO RE-INVENT THE WHEEL TO TAKE AMERICA AND AMERICAN WORKERS INTO THE 20TH CENTURY...!! YES...I DID MEAN 20TH CENTURY...!! SINCE THAT IS HOW LONG THE REST OF THE WORLD HAS HAD NATIONAL HEALTH CARE PROGRAMS IN PLACE...!!
JUST FUCKIN DO IT ALREADY...!!
NEOCONS PROVOKING CONFLICT IN GEORGIA...
THE GEORGIAN GOVERNMENT IS DESPERATE AFTER STOOGING FOR CONDI AND THE NEOCONS ....AND THEY WILL SAY AND DO ANYTHING TO KEEP THE WEST ATTACKING RUSSIA...
RENEWED WESTERN HYSTERIA IS ESSENTIAL NOW...AS GEOPOLITICAL REALITIES CLOSE IN ON THESE CRACK POT ULTRA-NATIONALISTS OF THE OLD USSR...
THE HOPE IS THAT THE NATO NEO-IMPERIALISTS ARE DESPERATE FOR A "NEW MISSION"...
I WOULD NOT TO SURPRISED IF PUTIN CUT POLAND AND UKRAINE OFF FROM RUSSIAN GAS...
HOPEFULLY THE US TREASURY WILL HAVE ENOUGH MONEY FOR A UKRAINE AND GEORGIA BAILOUT ALONG WITH CITIGROUP...IN THE VERY NEAR FUTURE.
RENEWED WESTERN HYSTERIA IS ESSENTIAL NOW...AS GEOPOLITICAL REALITIES CLOSE IN ON THESE CRACK POT ULTRA-NATIONALISTS OF THE OLD USSR...
THE HOPE IS THAT THE NATO NEO-IMPERIALISTS ARE DESPERATE FOR A "NEW MISSION"...
I WOULD NOT TO SURPRISED IF PUTIN CUT POLAND AND UKRAINE OFF FROM RUSSIAN GAS...
HOPEFULLY THE US TREASURY WILL HAVE ENOUGH MONEY FOR A UKRAINE AND GEORGIA BAILOUT ALONG WITH CITIGROUP...IN THE VERY NEAR FUTURE.
WHY STIMULUS WON'T WORK...
YOU HEAR A LOT OF BULLSHIT THESE DAYS...
SOME PUNDIT RECENTLY SAID THAT THE CURRENT CRISIS IS LIKE THE 1980'S...
HELL000... IN THE EARLY 80'S THE PRIME RATE WAS AT 20%...TODAY IT'S MORE LIKE ZERO...!!
AND THERE IN LIES THE PROBLEM WITH THE SO CALLED "STIMULUS PACKAGE"...
THIS IS AN ECONOMY THAT IS IN A FUNK BECAUSE OF "OVER-STIMULATION" NOT...LACK OF CONSUMPTION AND STIMULATION...
PEOPLE ARE BANKRUPT NOT BECAUSE THEY QUIT CONSUMING TOO SOON...BUT BECAUSE THEY OVER BORROWED AND OVER LEVERAGED...
EVERYONE WAS LIVING OFF THE HOME EQUITY ATM...AND THE CREDIT CARDS...
THE CURE FOR OVER STIMULATION CAN NOT BE MORE AND BIGGER STIMULATION...
THE CURE FOR OVER LEVERAGE CAN NOT BE MORE LEVERAGE...AND MORE DEBT...
YET...WE DON'T WANT PEOPLE TO GET PAY INCREASES...BECAUSE BACK IN THE 70'S WE DECIDED THAT THE PROBLEM WAS THE UNIONS AND HIGH WAGES...
SO WE WANT PEOPLE TO HAVE LOWER WAGES...(DAMN THE UAW!) ...AND BORROW AND CONSUME MORE... RIGHT?
LET'S FACE FACTS...THE "AVERAGE AMERICAN" IS A WALMART WORKER WITH A CREDIT CARD THAT IS NEARLY MAXED OUT...AND WHOSE SPOUSE HAS PROBABLY JUST LOST THEIR JOB...
AND THIS NOTION THAT "BI-PARTISENSHIP" IS WORKERS GIVING UP THINGS...SO THE CULT OF THE CEO AND WALL STREET CAN CONTINUE THE LOOTING OF THE LAST 10 YEARS...IS NUTS!
THIS IS NOT THE 1980'S...OR THE 1970'S....THOSE WERE "INDUCED" RECESSIONS CAUSED BY THE FED....
NOR IS THIS THE 1930'S...ALTHOUGH IT IS CLOSE...BECAUSE THIS CRISIS IS BASED ON BUBBLES, DEBT AND WALL STREET GREED...
THE CURRENT SITUATION IS REALLY UNLIKE ANYTHING AMERICANS HAVE EXPERIENCE WITH IN THEIR HISTORY...
YOU SIMPLY MUST START LOOKING AT OTHER NATION'S CRISIS TO FIND ANYTHING COMPARABLE...
ICELAND...? RUSSIA IN THE 90'S... GERMANY IN THE 20'S... FRANCE AFTER THE 1720 SOUTH SEAS BUBBLE...?
SO LETS CUT THE FDR AND HOOVER BULLSHIT...
AMERICA IS NOT IN KANSAS ANYMORE...THIS AIN'T 1932.
THESE ARE STRANGE TIMES... AND FRANKLY I THINK THE ULTIMATE SOLUTION WILL BE TO SCRAP THE ENTIRE SYSTEM...
AND START OVER FROM SCRATCH...
THE US ECONOMY IS A GORDIAN KNOT...THAT CAN NOT BE UNTIED...
WHAT NEEDS TO BE DONE IS TO IMMEDIATELY RESTORE THE: "SOCIAL SAFETY NET"....
YES, THE ONE THAT BILL AND HILLARY DESTROYED WOULD BE A GOOD STARTING POINT...
THEN, WE HAVE TO RECONSTRUCT A "NEW ECONOMY"....AS IF ORDINARY PEOPLE MATTERED....
AND NOT JUST INTERNATIONAL CAPITAL, WALL STREET AND THE CULT OF THE CEO...!!
AND YES, THAT MAY REQUIRE DROPPING THE ORTHODOXY ABOUT FREE TRADE...WHICH IS A FALSE DOCTRINE AND IS STILL CHANTED LIKE A MANTRA...
AND FOR THOSE WHO CRY: BLASPHEMY!!
I SAY SIMPLY THIS....
TELL ME HOW MORE OF THE SAME SOLVES THE US "STRUCTURAL" TRADE DEFICIT WITH CHINA AND THE REST OF THE WORLD...? I DON'T SEE IT...
THE PROOF OF THE PUDDING IS IN THE EATING....NOT IN MERELY CHANTING A MANTRA OR THE SAME BULLSHIT.... OVER AND OVER AND OVER...AS RECEIVED DOCTRINE...
TELL ME NOW...IN DETAIL...AND WITH SPECIFICITY...HOW THE US BALANCE OF TRADE IS RESTORED...
AND NO BULLSHIT THIS TIME...LIKE AMERICANS ARE GOING TO BE THE FUCKIN "BRAINS" OF THE WORLD...BECAUSE WE ARE SO FUCKIN "CREATIVE" AND "FLEXIBLE!!"
PLEASE REMEMBER....THE AMERICAN ASSHOLES HAVE VOTED IN THE MORON DUBYA TWICE!!
SO NO MANTRAS!! AND NO BULLSHIT!!
JUST TELL ME HOW THE TRADE DEFICIT IS FIXED...!!
IF THE ANSWER IS: "IT CAN'T"....?
THEN FREE TRADE AND GLOBALISM ARE TOAST!!
AND WE'LL HAVE TO RE-BUILD THE US ECONOMY FROM THE REMAINS OF WHATEVER IS LEFT...WHEN THE CRISIS FINALLY HITS BOTTOM...
AND RIGHT NOW THAT IS LOOKING LIKE EURO-STYLE SOCIALISM...
BETTER CALL PUTIN AND ASK IF HE HAS ANY OF THOSE ONCE POPULAR LENIN STATUES IN MOTHBALLS...BECAUSE WE MAY NEED ONE...AFTER ALL THE BAILOUTS COMPLETELY "SOCIALIZE" THE ECONOMY...!
SOME PUNDIT RECENTLY SAID THAT THE CURRENT CRISIS IS LIKE THE 1980'S...
HELL000... IN THE EARLY 80'S THE PRIME RATE WAS AT 20%...TODAY IT'S MORE LIKE ZERO...!!
AND THERE IN LIES THE PROBLEM WITH THE SO CALLED "STIMULUS PACKAGE"...
THIS IS AN ECONOMY THAT IS IN A FUNK BECAUSE OF "OVER-STIMULATION" NOT...LACK OF CONSUMPTION AND STIMULATION...
PEOPLE ARE BANKRUPT NOT BECAUSE THEY QUIT CONSUMING TOO SOON...BUT BECAUSE THEY OVER BORROWED AND OVER LEVERAGED...
EVERYONE WAS LIVING OFF THE HOME EQUITY ATM...AND THE CREDIT CARDS...
THE CURE FOR OVER STIMULATION CAN NOT BE MORE AND BIGGER STIMULATION...
THE CURE FOR OVER LEVERAGE CAN NOT BE MORE LEVERAGE...AND MORE DEBT...
YET...WE DON'T WANT PEOPLE TO GET PAY INCREASES...BECAUSE BACK IN THE 70'S WE DECIDED THAT THE PROBLEM WAS THE UNIONS AND HIGH WAGES...
SO WE WANT PEOPLE TO HAVE LOWER WAGES...(DAMN THE UAW!) ...AND BORROW AND CONSUME MORE... RIGHT?
LET'S FACE FACTS...THE "AVERAGE AMERICAN" IS A WALMART WORKER WITH A CREDIT CARD THAT IS NEARLY MAXED OUT...AND WHOSE SPOUSE HAS PROBABLY JUST LOST THEIR JOB...
AND THIS NOTION THAT "BI-PARTISENSHIP" IS WORKERS GIVING UP THINGS...SO THE CULT OF THE CEO AND WALL STREET CAN CONTINUE THE LOOTING OF THE LAST 10 YEARS...IS NUTS!
THIS IS NOT THE 1980'S...OR THE 1970'S....THOSE WERE "INDUCED" RECESSIONS CAUSED BY THE FED....
NOR IS THIS THE 1930'S...ALTHOUGH IT IS CLOSE...BECAUSE THIS CRISIS IS BASED ON BUBBLES, DEBT AND WALL STREET GREED...
THE CURRENT SITUATION IS REALLY UNLIKE ANYTHING AMERICANS HAVE EXPERIENCE WITH IN THEIR HISTORY...
YOU SIMPLY MUST START LOOKING AT OTHER NATION'S CRISIS TO FIND ANYTHING COMPARABLE...
ICELAND...? RUSSIA IN THE 90'S... GERMANY IN THE 20'S... FRANCE AFTER THE 1720 SOUTH SEAS BUBBLE...?
SO LETS CUT THE FDR AND HOOVER BULLSHIT...
AMERICA IS NOT IN KANSAS ANYMORE...THIS AIN'T 1932.
THESE ARE STRANGE TIMES... AND FRANKLY I THINK THE ULTIMATE SOLUTION WILL BE TO SCRAP THE ENTIRE SYSTEM...
AND START OVER FROM SCRATCH...
THE US ECONOMY IS A GORDIAN KNOT...THAT CAN NOT BE UNTIED...
WHAT NEEDS TO BE DONE IS TO IMMEDIATELY RESTORE THE: "SOCIAL SAFETY NET"....
YES, THE ONE THAT BILL AND HILLARY DESTROYED WOULD BE A GOOD STARTING POINT...
THEN, WE HAVE TO RECONSTRUCT A "NEW ECONOMY"....AS IF ORDINARY PEOPLE MATTERED....
AND NOT JUST INTERNATIONAL CAPITAL, WALL STREET AND THE CULT OF THE CEO...!!
AND YES, THAT MAY REQUIRE DROPPING THE ORTHODOXY ABOUT FREE TRADE...WHICH IS A FALSE DOCTRINE AND IS STILL CHANTED LIKE A MANTRA...
AND FOR THOSE WHO CRY: BLASPHEMY!!
I SAY SIMPLY THIS....
TELL ME HOW MORE OF THE SAME SOLVES THE US "STRUCTURAL" TRADE DEFICIT WITH CHINA AND THE REST OF THE WORLD...? I DON'T SEE IT...
THE PROOF OF THE PUDDING IS IN THE EATING....NOT IN MERELY CHANTING A MANTRA OR THE SAME BULLSHIT.... OVER AND OVER AND OVER...AS RECEIVED DOCTRINE...
TELL ME NOW...IN DETAIL...AND WITH SPECIFICITY...HOW THE US BALANCE OF TRADE IS RESTORED...
AND NO BULLSHIT THIS TIME...LIKE AMERICANS ARE GOING TO BE THE FUCKIN "BRAINS" OF THE WORLD...BECAUSE WE ARE SO FUCKIN "CREATIVE" AND "FLEXIBLE!!"
PLEASE REMEMBER....THE AMERICAN ASSHOLES HAVE VOTED IN THE MORON DUBYA TWICE!!
SO NO MANTRAS!! AND NO BULLSHIT!!
JUST TELL ME HOW THE TRADE DEFICIT IS FIXED...!!
IF THE ANSWER IS: "IT CAN'T"....?
THEN FREE TRADE AND GLOBALISM ARE TOAST!!
AND WE'LL HAVE TO RE-BUILD THE US ECONOMY FROM THE REMAINS OF WHATEVER IS LEFT...WHEN THE CRISIS FINALLY HITS BOTTOM...
AND RIGHT NOW THAT IS LOOKING LIKE EURO-STYLE SOCIALISM...
BETTER CALL PUTIN AND ASK IF HE HAS ANY OF THOSE ONCE POPULAR LENIN STATUES IN MOTHBALLS...BECAUSE WE MAY NEED ONE...AFTER ALL THE BAILOUTS COMPLETELY "SOCIALIZE" THE ECONOMY...!
Saturday, November 22, 2008
GOLD UP $50 PRE-RALLY PRE-GEITHNER...
GOLD WAS RALLYING ALL DAY...UP $50+ AT TIMES...
AND THE GOLD RALLY WAS AN ALL DAY AFFAIR...
THE STOCK RALLY WAS PER USUAL...ON THE CHEAP...AT 3PM... SUPPOSEDLY BECAUSE OF THE TREASURY ANNOUNCEMENT....
GOLD IS ACTING STRANGELY...LATELY...
IT IS SAID THAT GEITHNER IS A STRONG DOLLAR ADVOCATE... SO IF GOLD STARTS TO ACT UP...THAT WOULD BE AN INTERESTING TEST...
ESSENTIALLY THE DOLLAR IS A BASKET CASE...ON A MACRO LEVEL...
SO GOLD AND GEITHNER MAY HAVE SOME EXPLAINING TO DO...BEFORE THIS MESS IS RESOLVED...
AND THE GOLD RALLY WAS AN ALL DAY AFFAIR...
THE STOCK RALLY WAS PER USUAL...ON THE CHEAP...AT 3PM... SUPPOSEDLY BECAUSE OF THE TREASURY ANNOUNCEMENT....
GOLD IS ACTING STRANGELY...LATELY...
IT IS SAID THAT GEITHNER IS A STRONG DOLLAR ADVOCATE... SO IF GOLD STARTS TO ACT UP...THAT WOULD BE AN INTERESTING TEST...
ESSENTIALLY THE DOLLAR IS A BASKET CASE...ON A MACRO LEVEL...
SO GOLD AND GEITHNER MAY HAVE SOME EXPLAINING TO DO...BEFORE THIS MESS IS RESOLVED...
GEITHNER CHOICE IS MORE OF THE SAME...
THE NOTION THAT THE GEITHNER CHOICE FOR TREASURY HAD ANY CAUSALITY FOR THE 500 POINT RALLY TODAY IS A LITTLE NUTS...SORT OF GRASPING AT STRAWS...
THE MARKET "ALWAYS" DOES SOME 500 POINT SWING AT 3PM...NO MATTER WHAT HAPPENS... YESTERDAY DOWN 500...TODAY UP 500 WITH OPTIONS EXPIRATION...
WHAT THIS CHOICE DOES IS PUT THE DISMAL BUSH/PAULSON/BERNANKE DECISIONS IN HIGH RELIEF...
AND ENCOURAGE SOME "SECOND GUESSING"....BY ALL CONCERNED...
HENCE PAULSON'S GUILTY SOUNDING MEA CULPA YESTERDAY...!
REMEMBER, GEITHNER'S FINGER PRINTS ARE ALL OVER THIS MESS...FROM LEHMAN ON DOWN TO THE TARP!!
THIS IS NOT A "FRESH START" IT'S JUST MORE OF THE SAME...
AND THE SAME HAS NOT BEEN WORKING TOO WELL LATELY...
NOW...IN TRUTH...THE SITUATION IS MORE OR LESS UNSOLVABLE...
SO, IT MAKES NO DIFFERENCE WHO IS RUNNING THIS MESS... THE CAR IS IN THE DITCH...AND THERE IS NOTHING THAT CAN CHANGE THAT...
WHAT WAS REALLY IMPORTANT WAS THE CITIBANK DEBACLE TODAY...HOLY TARP...!
BUT THAT WAS MORE OR LESS A BACK BURNER ISSUE...AFTER THE "RALLY."
BUT BE ASSURED IT WON'T BE ON MONDAY...!
THE MARKET "ALWAYS" DOES SOME 500 POINT SWING AT 3PM...NO MATTER WHAT HAPPENS... YESTERDAY DOWN 500...TODAY UP 500 WITH OPTIONS EXPIRATION...
WHAT THIS CHOICE DOES IS PUT THE DISMAL BUSH/PAULSON/BERNANKE DECISIONS IN HIGH RELIEF...
AND ENCOURAGE SOME "SECOND GUESSING"....BY ALL CONCERNED...
HENCE PAULSON'S GUILTY SOUNDING MEA CULPA YESTERDAY...!
REMEMBER, GEITHNER'S FINGER PRINTS ARE ALL OVER THIS MESS...FROM LEHMAN ON DOWN TO THE TARP!!
THIS IS NOT A "FRESH START" IT'S JUST MORE OF THE SAME...
AND THE SAME HAS NOT BEEN WORKING TOO WELL LATELY...
NOW...IN TRUTH...THE SITUATION IS MORE OR LESS UNSOLVABLE...
SO, IT MAKES NO DIFFERENCE WHO IS RUNNING THIS MESS... THE CAR IS IN THE DITCH...AND THERE IS NOTHING THAT CAN CHANGE THAT...
WHAT WAS REALLY IMPORTANT WAS THE CITIBANK DEBACLE TODAY...HOLY TARP...!
BUT THAT WAS MORE OR LESS A BACK BURNER ISSUE...AFTER THE "RALLY."
BUT BE ASSURED IT WON'T BE ON MONDAY...!
Friday, November 21, 2008
IRAQIS WANT BUSH NEOCON OCCUPATION ENDED NOW!
THE HOPE THAT AMERICANS CAN HIDE IN THE DESERT IN 2009...AND THEN LEAVE BY 2011 IS A LITTLE NUTS...
BUT THE PENTAGON PROBABLY WANTS TO GET SOME USE OUT OF THOSE MEGA-BASES...SMALL CITIES REALLY...THAT THEY BUILT IN IRAQ DURING THE BUSH/NEOCON OCCUPATION...
IRAQIS ARE GIVING THE AMERICANS A DIFFERENT PURPLE FINGER...THIS TIME.
BUT ON THE BRIGHT SIDE...BUSH AND CHENEY DID EMPOWER IRAN FAR MORE THAT SADDAM EVER COULD HAVE...
NO WONDER THE AMERICAN ECONOMY IS SO FUCKED UP...
BUT THE PENTAGON PROBABLY WANTS TO GET SOME USE OUT OF THOSE MEGA-BASES...SMALL CITIES REALLY...THAT THEY BUILT IN IRAQ DURING THE BUSH/NEOCON OCCUPATION...
IRAQIS ARE GIVING THE AMERICANS A DIFFERENT PURPLE FINGER...THIS TIME.
BUT ON THE BRIGHT SIDE...BUSH AND CHENEY DID EMPOWER IRAN FAR MORE THAT SADDAM EVER COULD HAVE...
NO WONDER THE AMERICAN ECONOMY IS SO FUCKED UP...
GOLD! GOLD! GOLD!
DID I MENTION GOLD...?
IT NEEDS TO BE WATCHED BECAUSE IT'S ACTING "STRANGELY" --(ie NORMALLY) IN THIS ODD ENVIRONMENT OF MASS ECONOMIC INSANITY...
GOLD IS A LOSER...IT GOES DOWN EVERYDAY...THAT IS THE MESSAGE THE MEDIA IS TRYING TO INSTILL IN THE GENERAL PUBLIC...
BUT GOLD REFUSES TO BREAK BELOW $700 ...AND IT'S NOW BACK NEAR $800...
ALL THIS WHILE IT'S "TWIN" OIL IS PLUNGING...AND IT'S "RIVAL" THE DOLLAR IS SOARING...
NOTE TOO THAT BOND YIELDS ARE AT OR NEAR ZERO...AND CONSIDERING INFLATION BOND YIELDS ARE WELL BELOW ZERO...OR EVEN NEGATIVE.
GOLD WILL NEVER BE BELOW ZERO ON INFLATION...BECAUSE GOLD IS THE MEASURE OF INFLATION... GOLD IS THE THERMOMETER OF INFLATION.
THE DOLLAR ANOMALY IS PROBABLY GOING TO BREAK SOON...THE LIQUIDATION PANIC HAS BENEFITED THE DOLLAR OVER THE EURO...
REMEMBER THE EURO WAS NEVER A "CARRY TRADE" CURRENCY, LIKE THE DOLLAR AND THE YEN....
BUT IS THE EURO ZONE MORE OR LESS "HEALTHY" THAN THE US ECONOMY...?
I WOULD SAY IT IS HEALTHIER...LESS DEPENDENT ON CREDIT, DEBT AND DEFICITS...
TRUE IT'S A HOBSON'S CHOICE...FOR SOME...
BUT THE ALTERNATIVE IS GOLD...
HERE'S THE BIG PROBLEM:
IF JOE SIX PACK AND/OR THE STUPID HEDGE FUNDS GET THE NOTION THAT GOLD IS THE PLACE TO BE...
THE CENTRAL BANKS "CONTROL" OVER THE ECONOMY AIN'T WORTH SHIT...
IF GOLD BECOMES A MOMO PLAY AND A FUNDAMENTALS PLAY...LIKE IT WAS THIS SUMMER ....THE CENTRAL BANKS WILL HAVE TO RAISE RATES IN THE MIDDLE OF A DEPRESSION! ....AND THEN WHAT...?
WELL, THOSE CENTRAL BANK "DUMMIES" DURING THE 1930'S WILL NOT LOOK SO DUMB AFTER ALL...
MY HUNCH IS THAT THE REIGN OF THE CENTRAL BANKS IS ENDING...
THERE WILL BE A RUSH BACK TO GOLD SOON...JUST BASED ON THE TRILLIONS OF DOLLARS IN PAPER MONEY THAT THE FED AND OTHERS HAVE "STUFFED" INTO THE ECONOMY...
THUS $4+ GAS COULD "COME BACK" OVER-NIGHT...TOO HORRIBLE TO THINK ABOUT..... OR DOES ANYONE REALLY THINK ANYTHING IN THE LAST MONTH AND A HALF IS "REAL??"
AND THAT IS THE HYPER-INFLATION SCENARIO...!
BERNANKE IS SAID TO BE AN "EXPERT" IN DEPRESSION ECONOMICS...
HE SUPPOSEDLY STUDIED THE 1930'S IN AMERICA AND EUROPE...
LETS HOPE HE ALSO SPENT SOME TIME STUDYING GERMANY IN THE 1920'S...WHEN THE GREATEST HYPERINFLATION OF MODERN TIMES HIT A "DEVELOPED" NATIONAL ECONOMY...!!
THE GERMANS WERE A "LOGICAL" AND SCIENTIFIC PEOPLE IN THE 1920'S...THEY WERE NOT AFRICAN DICTATORS GONE WILD WITH THE PRINTING PRESS...
IF AND WHEN THE "MONEY DAM" THAT THE FED IS BUILDING FINALLY BREAKS...ABOUT 50% OF THAT MONEY COULD RUSH STRAIGHT INTO GOLD AND OTHER COMMODITIES...
AND A HYPER-INFLATION TSUNAMI COULD ENGULF THE WORLD...!!
IT NEEDS TO BE WATCHED BECAUSE IT'S ACTING "STRANGELY" --(ie NORMALLY) IN THIS ODD ENVIRONMENT OF MASS ECONOMIC INSANITY...
GOLD IS A LOSER...IT GOES DOWN EVERYDAY...THAT IS THE MESSAGE THE MEDIA IS TRYING TO INSTILL IN THE GENERAL PUBLIC...
BUT GOLD REFUSES TO BREAK BELOW $700 ...AND IT'S NOW BACK NEAR $800...
ALL THIS WHILE IT'S "TWIN" OIL IS PLUNGING...AND IT'S "RIVAL" THE DOLLAR IS SOARING...
NOTE TOO THAT BOND YIELDS ARE AT OR NEAR ZERO...AND CONSIDERING INFLATION BOND YIELDS ARE WELL BELOW ZERO...OR EVEN NEGATIVE.
GOLD WILL NEVER BE BELOW ZERO ON INFLATION...BECAUSE GOLD IS THE MEASURE OF INFLATION... GOLD IS THE THERMOMETER OF INFLATION.
THE DOLLAR ANOMALY IS PROBABLY GOING TO BREAK SOON...THE LIQUIDATION PANIC HAS BENEFITED THE DOLLAR OVER THE EURO...
REMEMBER THE EURO WAS NEVER A "CARRY TRADE" CURRENCY, LIKE THE DOLLAR AND THE YEN....
BUT IS THE EURO ZONE MORE OR LESS "HEALTHY" THAN THE US ECONOMY...?
I WOULD SAY IT IS HEALTHIER...LESS DEPENDENT ON CREDIT, DEBT AND DEFICITS...
TRUE IT'S A HOBSON'S CHOICE...FOR SOME...
BUT THE ALTERNATIVE IS GOLD...
HERE'S THE BIG PROBLEM:
IF JOE SIX PACK AND/OR THE STUPID HEDGE FUNDS GET THE NOTION THAT GOLD IS THE PLACE TO BE...
THE CENTRAL BANKS "CONTROL" OVER THE ECONOMY AIN'T WORTH SHIT...
IF GOLD BECOMES A MOMO PLAY AND A FUNDAMENTALS PLAY...LIKE IT WAS THIS SUMMER ....THE CENTRAL BANKS WILL HAVE TO RAISE RATES IN THE MIDDLE OF A DEPRESSION! ....AND THEN WHAT...?
WELL, THOSE CENTRAL BANK "DUMMIES" DURING THE 1930'S WILL NOT LOOK SO DUMB AFTER ALL...
MY HUNCH IS THAT THE REIGN OF THE CENTRAL BANKS IS ENDING...
THERE WILL BE A RUSH BACK TO GOLD SOON...JUST BASED ON THE TRILLIONS OF DOLLARS IN PAPER MONEY THAT THE FED AND OTHERS HAVE "STUFFED" INTO THE ECONOMY...
THUS $4+ GAS COULD "COME BACK" OVER-NIGHT...TOO HORRIBLE TO THINK ABOUT..... OR DOES ANYONE REALLY THINK ANYTHING IN THE LAST MONTH AND A HALF IS "REAL??"
AND THAT IS THE HYPER-INFLATION SCENARIO...!
BERNANKE IS SAID TO BE AN "EXPERT" IN DEPRESSION ECONOMICS...
HE SUPPOSEDLY STUDIED THE 1930'S IN AMERICA AND EUROPE...
LETS HOPE HE ALSO SPENT SOME TIME STUDYING GERMANY IN THE 1920'S...WHEN THE GREATEST HYPERINFLATION OF MODERN TIMES HIT A "DEVELOPED" NATIONAL ECONOMY...!!
THE GERMANS WERE A "LOGICAL" AND SCIENTIFIC PEOPLE IN THE 1920'S...THEY WERE NOT AFRICAN DICTATORS GONE WILD WITH THE PRINTING PRESS...
IF AND WHEN THE "MONEY DAM" THAT THE FED IS BUILDING FINALLY BREAKS...ABOUT 50% OF THAT MONEY COULD RUSH STRAIGHT INTO GOLD AND OTHER COMMODITIES...
AND A HYPER-INFLATION TSUNAMI COULD ENGULF THE WORLD...!!
THE END OF AMERICA AS WORLD POWER...
FEET OF CLAY...?
HOW ABOUT BRAINS OF CLAY...?
TRASHED BY STUPIDITY AND REPUBLICAN FREE TRADE...!
HOW ABOUT BRAINS OF CLAY...?
TRASHED BY STUPIDITY AND REPUBLICAN FREE TRADE...!
KRUGMAN ON THE DEPRESSION.
TO ME THE ENTIRE SITUATION CAN BE SUMMED UP IN THREE WORDS...
GLUT!
GREED!
GULLIBILITY...!
GLUT!
GREED!
GULLIBILITY...!
PRICING THE PONZI SCHEME...CALLED WALL STREET!!
WALL STREET HAS ESSENTIALLY BEEN A PONZI SCHEME FOR ABOUT TEN YEARS...OR MORE...
SO THE QUESTION IS:
HOW MUCH IS A PONZI SCHEME REALLY WORTH....?
WELL, A FUNCTIONING...UP AND RUNNING PONZI SCHEME CAN BE WORTH A LOT OF MONEY TO IT'S "FOUNDERS" ...
AND TO THE EARLY "INVESTORS" IN THE SCHEME...
MILLIONS!!
BILLIONS EVEN!!
...TO THE BROKERS... AND THE BUFFETTS IN ON THE SCHEME!!
BUT WHAT IS A COLLAPSED PONZI SCHEME WORTH...??
WHAT DO THE "LATE COMERS" GET...THE "RETAIL SUCKERS?"
WELL, REALLY...NOTHING!!
EVERYONE JUST RUNS FOR THE EXITS...AND HOPES TO GET AS FAR AWAY AS POSSIBLE...!!
AND THAT SEEMS TO BE WHAT'S HAPPENING ON WALL STREET...
WHAT ARE THESE STOCKS WORTH...?
MOST OF THEM...PROBABLY ZERO!!
NOTHING!!
THEY HAVE BEEN LOOTED TO THE BONE...
THERE IS NOTHING BUT DEBT AND BROKEN PROMISES...AND AN ANGRY PUBLIC TO DEAL WITH...
THE GREAT AMERICAN PONZI SCHEME IS OVER...!!
GET USED TO IT...
SO THE QUESTION IS:
HOW MUCH IS A PONZI SCHEME REALLY WORTH....?
WELL, A FUNCTIONING...UP AND RUNNING PONZI SCHEME CAN BE WORTH A LOT OF MONEY TO IT'S "FOUNDERS" ...
AND TO THE EARLY "INVESTORS" IN THE SCHEME...
MILLIONS!!
BILLIONS EVEN!!
...TO THE BROKERS... AND THE BUFFETTS IN ON THE SCHEME!!
BUT WHAT IS A COLLAPSED PONZI SCHEME WORTH...??
WHAT DO THE "LATE COMERS" GET...THE "RETAIL SUCKERS?"
WELL, REALLY...NOTHING!!
EVERYONE JUST RUNS FOR THE EXITS...AND HOPES TO GET AS FAR AWAY AS POSSIBLE...!!
AND THAT SEEMS TO BE WHAT'S HAPPENING ON WALL STREET...
WHAT ARE THESE STOCKS WORTH...?
MOST OF THEM...PROBABLY ZERO!!
NOTHING!!
THEY HAVE BEEN LOOTED TO THE BONE...
THERE IS NOTHING BUT DEBT AND BROKEN PROMISES...AND AN ANGRY PUBLIC TO DEAL WITH...
THE GREAT AMERICAN PONZI SCHEME IS OVER...!!
GET USED TO IT...
NANCY AND HARRY SUCKER PUNCH WALL STREET...
THE STREET WAS SO HAPPY ABOUT THE GM BAILOUT...
THEN IN CAME NANCY AND HARRY...TO PISS ON THE RALLY...!
THEN IN CAME NANCY AND HARRY...TO PISS ON THE RALLY...!
WHY IS OBAMA PICKING THE CLINTONS...?
PERHAPS OBAMA FEELS A BIT UNSURE OF HIMSELF...AS PRESIDENT... AFTER ALL GOING FROM STATE SENATOR ON THE SOUTH SIDE OF CHICAGO... TO THE OVAL OFFICE IN A FEW SHORT YEARS IS PRETTY OVERWHELMING...
OBAMA IS BASICALLY RE-GROUPING THE OLD CLINTON WHITE HOUSE FOR A "THIRD TERM...!" BUT WHY!
HILLARY, THE IRAQ HAWK...WILL BE AN OUTRAGEOUS CHOICE FOR THE PEACE WING OF THE DEMOCRATIC PARTY...WHICH IS REALLY THE GROUP THAT GOT OBAMA STARTED...
LET US HOPE THAT THERE IS SOME METHOD TO HIS MADNESS...AND THAT OBAMA HAS SOME STRATEGY HERE
BESIDES NEEDING A "SECURITY BLANKET" INSIDE THE OVAL OFFICE...
WILL BILL GET TO "HANG OUT" IN HIS OLD DIGGS WITH OBAMA...IN THE OVAL OFFICE?
IS OBAMA "KICKING HILLARY UPSTAIRS" WHERE SHE WON'T BE A PROBLEM FOR HIS DOMESTIC AGENDA...?
WELL...OK...MAYBE...BUT I DON'T GET IT...
OBAMA HAD ROCK STAR STATUS...AND NOW HE RISKS BEING UPSTAGED BY MOM AND POP CLINTON WHO WILL HAVE A BULLY PULPIT ON THE WORLD STAGE...AND COULD EVEN BRING THE CLINTONIAN NOTION OF "CO-PRESIDENCY" BACK TO THE WHITE HOUSE...
IS THIS ADMINISTRATION GOING TO BE: MOM AND POP CLINTON AND THE "BLACK DUDE?!"
NOT TO MENTION ALL THE CLINTON "BAGGAGE" FROM BILL'S TWO TERMS WHICH RESULTED IN HIS IMPEACHMENT!!
AND HILLARY IS NOT REALLY THAT KEEN ON FOREIGN AFFAIRS...
AND WHY WOULD SHE GIVE UP A GREAT SEAT IN THE SENATE...TO MOP THE FOREIGN POLICY FLOORS FOR HER ONE TIME RIVAL...?
VERY ODD CHOICE FOR OBAMA IN A KEY POSITION...
THE CLINTON'S AND THEIR OLD WHITE HOUSE CHUMS COULD SUCK THE AIR OUT OF THE OBAMA PRESIDENCY...REALLY FAST!!
I JUST DON'T GET IT...
OBAMA IS BASICALLY RE-GROUPING THE OLD CLINTON WHITE HOUSE FOR A "THIRD TERM...!" BUT WHY!
HILLARY, THE IRAQ HAWK...WILL BE AN OUTRAGEOUS CHOICE FOR THE PEACE WING OF THE DEMOCRATIC PARTY...WHICH IS REALLY THE GROUP THAT GOT OBAMA STARTED...
LET US HOPE THAT THERE IS SOME METHOD TO HIS MADNESS...AND THAT OBAMA HAS SOME STRATEGY HERE
BESIDES NEEDING A "SECURITY BLANKET" INSIDE THE OVAL OFFICE...
WILL BILL GET TO "HANG OUT" IN HIS OLD DIGGS WITH OBAMA...IN THE OVAL OFFICE?
IS OBAMA "KICKING HILLARY UPSTAIRS" WHERE SHE WON'T BE A PROBLEM FOR HIS DOMESTIC AGENDA...?
WELL...OK...MAYBE...BUT I DON'T GET IT...
OBAMA HAD ROCK STAR STATUS...AND NOW HE RISKS BEING UPSTAGED BY MOM AND POP CLINTON WHO WILL HAVE A BULLY PULPIT ON THE WORLD STAGE...AND COULD EVEN BRING THE CLINTONIAN NOTION OF "CO-PRESIDENCY" BACK TO THE WHITE HOUSE...
IS THIS ADMINISTRATION GOING TO BE: MOM AND POP CLINTON AND THE "BLACK DUDE?!"
NOT TO MENTION ALL THE CLINTON "BAGGAGE" FROM BILL'S TWO TERMS WHICH RESULTED IN HIS IMPEACHMENT!!
AND HILLARY IS NOT REALLY THAT KEEN ON FOREIGN AFFAIRS...
AND WHY WOULD SHE GIVE UP A GREAT SEAT IN THE SENATE...TO MOP THE FOREIGN POLICY FLOORS FOR HER ONE TIME RIVAL...?
VERY ODD CHOICE FOR OBAMA IN A KEY POSITION...
THE CLINTON'S AND THEIR OLD WHITE HOUSE CHUMS COULD SUCK THE AIR OUT OF THE OBAMA PRESIDENCY...REALLY FAST!!
I JUST DON'T GET IT...
Thursday, November 20, 2008
DOW 2,100 = 14,000 x 85%= 2,100
NUFF SAID...? AND NO...I'M NOT KIDDING..
THE "USUAL" POST BUBBLE DROP IS 95%...
BUT I'M BEING GENEROUS WITH ONLY 85%....IN VIEW OF OUR "ADVANCED" KNOWLEDGE OF ECONOMICS SINCE THE GREAT DEPRESSION...
NEVERMIND THAT THE ENTIRE US ECONOMY IS ESSENTIALLY BANKRUPT...BASICALLY A HOLLOW SHELL...WITH DEBTS FAR FAR EXCEEDING ASSETS...
IF THE US ECONOMY WERE A CORPORATION?
IT WOULD HAVE BEEN FORCED INTO INVOLUNTARY BANKRUPTCY LONG AGO.
...AND THE MANAGEMENT (CONGRESS AND THE PRESIDENT) REFERRED TO THE LOCAL PROSECUTING ATTORNEY FOR GRAND JURY ACTION...
THE "USUAL" POST BUBBLE DROP IS 95%...
BUT I'M BEING GENEROUS WITH ONLY 85%....IN VIEW OF OUR "ADVANCED" KNOWLEDGE OF ECONOMICS SINCE THE GREAT DEPRESSION...
NEVERMIND THAT THE ENTIRE US ECONOMY IS ESSENTIALLY BANKRUPT...BASICALLY A HOLLOW SHELL...WITH DEBTS FAR FAR EXCEEDING ASSETS...
IF THE US ECONOMY WERE A CORPORATION?
IT WOULD HAVE BEEN FORCED INTO INVOLUNTARY BANKRUPTCY LONG AGO.
...AND THE MANAGEMENT (CONGRESS AND THE PRESIDENT) REFERRED TO THE LOCAL PROSECUTING ATTORNEY FOR GRAND JURY ACTION...
BERNANKE WORSHIPING A FALSE GOD...?
WHAT IF...? JUST WHAT IF...
BERNANKE AND PAULSON ARE WORSHIPING IN THE WRONG ECONOMIC CHURCH...?
WHAT IF.... THE CHURCH OF SAINT MAYNARD OF OXBRIDGE IS ACTUALLY HERETICAL...
WHAT IF ITS DOCTRINES WERE AND ARE FALSE...?
WHAT IF THE TEACHINGS OF SAINT KARL OF LONDON WERE RIGHT ALL ALONG...?
AFTER ALL LOOK AT CHINA...WHICH STILL VENERATES THE RELICS OF SAINT KARL...!
WHAT THEN!!
DO WE JUST WAIT FOR A NEW SAVIOR TO ARRIVE...?
ME THINKS THAT PERHAPS... BROTHER KRUGMAN OF PRINCETON ABBEY SHOULD BE ELEVATED AS OUR NEW PATRIARCH OF THE ECONOMY...
AND WEAR THE ROBES OF SAINT MAYNARD OF OXBRIDGE...UNTIL OUR NEW MESSIAH ARRIVES...?
BERNANKE AND PAULSON ARE WORSHIPING IN THE WRONG ECONOMIC CHURCH...?
WHAT IF.... THE CHURCH OF SAINT MAYNARD OF OXBRIDGE IS ACTUALLY HERETICAL...
WHAT IF ITS DOCTRINES WERE AND ARE FALSE...?
WHAT IF THE TEACHINGS OF SAINT KARL OF LONDON WERE RIGHT ALL ALONG...?
AFTER ALL LOOK AT CHINA...WHICH STILL VENERATES THE RELICS OF SAINT KARL...!
WHAT THEN!!
DO WE JUST WAIT FOR A NEW SAVIOR TO ARRIVE...?
ME THINKS THAT PERHAPS... BROTHER KRUGMAN OF PRINCETON ABBEY SHOULD BE ELEVATED AS OUR NEW PATRIARCH OF THE ECONOMY...
AND WEAR THE ROBES OF SAINT MAYNARD OF OXBRIDGE...UNTIL OUR NEW MESSIAH ARRIVES...?
A CRASH LIKE NO OTHER.... MARX WAS RIGHT!!
IS IT 1929...OR 1972...0R 1982...OR 1837, 1857 0R EVEN 1720...?
WELL, HOW ABOUT NONE OF THE ABOVE...?
THIS CRASH WILL SET THE WORLD ECONOMY BACK 100 YEARS...AND WILL COMPLETELY CHANGE THE WAY WE VIEW THE "ECONOMY!"
IT IS VERY POSSIBLE THAT THIS IS THE CRASH THAT MARX AND ENGELS WERE PREDICTING IN THEIR ECONOMIC THEORIES...
REMEMBER MARX WAS AND IS A GREAT AND ORIGNIAL ECONOMIST...
I KNOW YOU THOUGHT HE WAS A DEVIL RELEASED FROM HELL TO INFLICT SLAVERY ON THE WORLD... RIGHT?
WELL I'M SORRY THIS IS A BULLSHIT FREE ZONE.
IF YOU CAN'T HANDLE THAT THEN GET THE FUCK OFF THIS PAGE...
MY HUNCH IS THAT THE COLLAPSE OF GLOBAL CAPITALISM THAT MARX PREDICTED WAS MERELY DELAYED BY KEYNESIAN ECONOMICS...BUT NOT STOPPED...
OK...THAT'S A SOMEWHAT RADICAL IDEA...BUT RIGHT NOW WE NEED SOME NOTIONS THAT MAKE SENSE...ANYTHING.
FOR MANY YEARS...THE WORLD HAS BEEN SOLD A BILL OF GOODS BY INTERNATIONAL CAPITAL, THE ULTIMATE ANTI-MARXISTS...AND THOSE GOODS ARE TURNING ROTTEN BEFORE OUR EYES...
(NEVERMIND THAT COMMUNIST CHINA IS THE FASTEST GROWING ECONOMY IN THE WORLD NOW!)
THIS IS NOT YOUR NORMAL "CYCLICAL" DECLINE...
RATHER THIS IS AN "EXISTENTIAL" DECLINE...THAT IS TEARING UP THE VERY ROOTS OF THE CAPITALIST SYSTEM...
THAT'S WHY NOTHING IS WORKING... THE SYSTEM IS SO FLAWED...SO FILL WITH INTERNAL CONTRADICTIONS AND ERRORS ...NOT TO MENTION BULLSHIT ....IN LAYMAN'S TERMS...
THAT IT CAN NOT SURVIVE...
LOOK AT AMERICAN MANUFACTURING... IF YOU CAN FIND ANY...
LOOK AT THE AMERICAN TRADE DEFICIT...NOW STRUCTURAL...WHATEVER THE FUCK EVER THAT MEANS...! A STRUCTURAL TRADE DEFICIT IS LIKE AN ANIMAL LIVING WITHOUT A HEART... IT'S SOME KIND OF ZOMBIE BIG LIE PUSHED BY INTERNATIONAL CAPITAL...
I HAVE BEEN READING SOME HISTORY LATELY...MAINLY OF EUROPE IN THE MODERN ERA...SAY 1720 TO 1920...AND I FIND ALL MANNER OF DISCUSSION ABOUT "BALANCE OF TRADE" ISSUES...
WARS WERE LOST AND KINGS HAVE FALLEN SIMPLY BECAUSE OF "BALANCE OF TRADE" PROBLEMS...
YOU SIMPLY CAN NOT HAVE A "STRUCTURAL TRADE DEFICIT" IT IS ECONOMIC HERESY...
BUT THE US HAS HAD ONE THAT IS PERMANENT AND "STRUCTURAL" FOR DECADES...YET NO ONE EVER TALKS ABOUT IT... AT LEAST NOT FOR LONG...IN THE US MEDIA...!!
HOW CAN SOMETHING THAT IMPORTANT BE IGNORED FOR SO LONG...?
WELL,IT WAS IN THE BEST INTERESTS OF INTERNATIONAL CAPITAL TO BREAK THE BACK OF LABOR...IE UNIONS...AND ALSO BEAT BACK THE SPECTER OF "SOCIALISM" ...AND FOR A WHILE OF SOVIET STYLE INTERNATIONAL COMMUNISM...
THAT IS HOW WE CAME TO ACCEPT THESE BIG LIES OF INTERNATIONAL CAPITAL...
UNFORTUNATELY, AFTER THE FALL OF THE USSR...INTERNATIONAL CAPITAL KEPT ON TELLING THE SAME BIG LIES...
NAMELY THAT AMERICAN TRADE DEFICITS DON'T MATTER ...
AFTER ALL, WAS NOT AMERICAN ECONOMIC EXCEPTIONALISM BLESSED BY SAINT MAYNARD OF OXBRIDGE AT BRETTON WOODS??
SAINT MAYNARD ALSO BLESSED THE DOLLAR AT BRETTON WOODS... THUS THE DOLLAR BECAME AN ICON...SUITABLE FOR FRAMING...LIKE ST GEORGE AND THE DRAGON...OR SAINT CYRIL.
WE HAD TO WORSHIP IT LIKE AN IDOL...!
AND THE PAGAN GOD OF GOLD WAS DRAGGED DOWN THE HILL, AND THROWN INTO THE RIVER!! A RELIC OF OUR FORMER BARBARISM...!!
KEYNESIAN ORTHODOXY AND IT'S ICONS RULED ECONOMIC THINKING FOR A GENERATION...
ALAS NOW, ALL THAT HAS ENDED...
MARX WAS RIGHT...! AND YOU AIN'T GONNA HEAR THAT ON CNBC ANYTIME SOON...
MORE LATER...
WELL, HOW ABOUT NONE OF THE ABOVE...?
THIS CRASH WILL SET THE WORLD ECONOMY BACK 100 YEARS...AND WILL COMPLETELY CHANGE THE WAY WE VIEW THE "ECONOMY!"
IT IS VERY POSSIBLE THAT THIS IS THE CRASH THAT MARX AND ENGELS WERE PREDICTING IN THEIR ECONOMIC THEORIES...
REMEMBER MARX WAS AND IS A GREAT AND ORIGNIAL ECONOMIST...
I KNOW YOU THOUGHT HE WAS A DEVIL RELEASED FROM HELL TO INFLICT SLAVERY ON THE WORLD... RIGHT?
WELL I'M SORRY THIS IS A BULLSHIT FREE ZONE.
IF YOU CAN'T HANDLE THAT THEN GET THE FUCK OFF THIS PAGE...
MY HUNCH IS THAT THE COLLAPSE OF GLOBAL CAPITALISM THAT MARX PREDICTED WAS MERELY DELAYED BY KEYNESIAN ECONOMICS...BUT NOT STOPPED...
OK...THAT'S A SOMEWHAT RADICAL IDEA...BUT RIGHT NOW WE NEED SOME NOTIONS THAT MAKE SENSE...ANYTHING.
FOR MANY YEARS...THE WORLD HAS BEEN SOLD A BILL OF GOODS BY INTERNATIONAL CAPITAL, THE ULTIMATE ANTI-MARXISTS...AND THOSE GOODS ARE TURNING ROTTEN BEFORE OUR EYES...
(NEVERMIND THAT COMMUNIST CHINA IS THE FASTEST GROWING ECONOMY IN THE WORLD NOW!)
THIS IS NOT YOUR NORMAL "CYCLICAL" DECLINE...
RATHER THIS IS AN "EXISTENTIAL" DECLINE...THAT IS TEARING UP THE VERY ROOTS OF THE CAPITALIST SYSTEM...
THAT'S WHY NOTHING IS WORKING... THE SYSTEM IS SO FLAWED...SO FILL WITH INTERNAL CONTRADICTIONS AND ERRORS ...NOT TO MENTION BULLSHIT ....IN LAYMAN'S TERMS...
THAT IT CAN NOT SURVIVE...
LOOK AT AMERICAN MANUFACTURING... IF YOU CAN FIND ANY...
LOOK AT THE AMERICAN TRADE DEFICIT...NOW STRUCTURAL...WHATEVER THE FUCK EVER THAT MEANS...! A STRUCTURAL TRADE DEFICIT IS LIKE AN ANIMAL LIVING WITHOUT A HEART... IT'S SOME KIND OF ZOMBIE BIG LIE PUSHED BY INTERNATIONAL CAPITAL...
I HAVE BEEN READING SOME HISTORY LATELY...MAINLY OF EUROPE IN THE MODERN ERA...SAY 1720 TO 1920...AND I FIND ALL MANNER OF DISCUSSION ABOUT "BALANCE OF TRADE" ISSUES...
WARS WERE LOST AND KINGS HAVE FALLEN SIMPLY BECAUSE OF "BALANCE OF TRADE" PROBLEMS...
YOU SIMPLY CAN NOT HAVE A "STRUCTURAL TRADE DEFICIT" IT IS ECONOMIC HERESY...
BUT THE US HAS HAD ONE THAT IS PERMANENT AND "STRUCTURAL" FOR DECADES...YET NO ONE EVER TALKS ABOUT IT... AT LEAST NOT FOR LONG...IN THE US MEDIA...!!
HOW CAN SOMETHING THAT IMPORTANT BE IGNORED FOR SO LONG...?
WELL,IT WAS IN THE BEST INTERESTS OF INTERNATIONAL CAPITAL TO BREAK THE BACK OF LABOR...IE UNIONS...AND ALSO BEAT BACK THE SPECTER OF "SOCIALISM" ...AND FOR A WHILE OF SOVIET STYLE INTERNATIONAL COMMUNISM...
THAT IS HOW WE CAME TO ACCEPT THESE BIG LIES OF INTERNATIONAL CAPITAL...
UNFORTUNATELY, AFTER THE FALL OF THE USSR...INTERNATIONAL CAPITAL KEPT ON TELLING THE SAME BIG LIES...
NAMELY THAT AMERICAN TRADE DEFICITS DON'T MATTER ...
AFTER ALL, WAS NOT AMERICAN ECONOMIC EXCEPTIONALISM BLESSED BY SAINT MAYNARD OF OXBRIDGE AT BRETTON WOODS??
SAINT MAYNARD ALSO BLESSED THE DOLLAR AT BRETTON WOODS... THUS THE DOLLAR BECAME AN ICON...SUITABLE FOR FRAMING...LIKE ST GEORGE AND THE DRAGON...OR SAINT CYRIL.
WE HAD TO WORSHIP IT LIKE AN IDOL...!
AND THE PAGAN GOD OF GOLD WAS DRAGGED DOWN THE HILL, AND THROWN INTO THE RIVER!! A RELIC OF OUR FORMER BARBARISM...!!
KEYNESIAN ORTHODOXY AND IT'S ICONS RULED ECONOMIC THINKING FOR A GENERATION...
ALAS NOW, ALL THAT HAS ENDED...
MARX WAS RIGHT...! AND YOU AIN'T GONNA HEAR THAT ON CNBC ANYTIME SOON...
MORE LATER...
DEPRESSION COUNT DOWN...?
HOW DO I LOATH THEE...LET ME COUNT THE WAYS...
DO NOT CONFUSE THE "COLLAPSE PHASE" WITH THE "AFTERMATH PHASE" OF THIS CRISIS...
WE HAVE ONLY SCRATCHED THE SURFACE OF WHAT IS COMING...
CLICK
DO NOT CONFUSE THE "COLLAPSE PHASE" WITH THE "AFTERMATH PHASE" OF THIS CRISIS...
WE HAVE ONLY SCRATCHED THE SURFACE OF WHAT IS COMING...
CLICK
NO FUTURE....HERE
SO....WE WERE RIGHT...AND FOR THE RIGHT REASONS...
TRUE, G&D WAS TEN YEARS EARLY...
BUT DO YOU THINK HISTORY WILL NOTICE THAT...? NAH...
I THINK WHAT GLOOM AND DOOM MISSED WAS THE TOTAL LACK OF PUSH BACK BY PEOPLE WHO SHOULD HAVE "KNOWN BETTER."
BUT WHAT THE HELL... WE THOUGHT IT WOULD BE 1972...THEN MAYBE 1929...BUT NEVER 1720!! FUCK NO!
OR IS 2008 EVEN WORSE... PERHAPS, THE MOTHER OF ALL BUBBLES!
OK ....WAY TOO EARLY...BUT DAMN ALREADY!
OR TAKE THE FED... VERY DISAPPOINTED THERE...BUT IT WAS GREENSPAN, THE GOLEM OF WALL STREET...SO...YA KNOW...?
AND WASHINGTON ...BOY CLINTON..WHO "FELT OUR FUCKIN PAIN" BUT DID NOTHING TO STOP IT.
AND THE AMERICAN VOTERS...! I MEAN BUSH TWICE...COME ON...! YOU DESERVE SOME DEEP SHIT WITH THAT VOTING RECORD...
AND THE MEDIA...WHERE WERE THE GROWN UPS ALL THESE YEARS... ALL TOUTS ALL THE TIME...NOT ONLY ON CNBC AND OTHER ZIONIST AND TOUT MEDIA...BUT THE MSM TOO...
AND THE ACADEMICS...MCCARTHY SCARED THE SHIT OUT OF THEM...AND THEY WERE LIKE ROOSTERS THAT "FORGOT" HOW TO CROW... OK, A FEW "CHOSEN" ACADEMICS WERE "ALLOWED" TO SPEAK AT THE VERY END OF THE LATEST BUBBLE...
ONLY "THE CHOSEN ONES" WERE ALLOWED TO "EXPLAIN THINGS" FOR THE SUCKERS ...AFTER THEIR LATEST BUBBLE FLEECING... AND FREE TRADE WAS NEVER "THE PROBLEM!"
AND THE OP-ED ASSHOLES LIKE FRIEDMAN...ET AL... 90% OF WHAT FRIEDMAN WRITES IS BULLSHIT...HIS BOOKS WILL NEVER BE READ AGAIN AFTER THEY ARE OFF THE REMAINDER TABLE.
THERE WERE A FEW BRIGHT SPOTS... KRUGMAN FOR ONE...ALWAYS WILLING TO ACT THE SHY CLOWN OF SHAKESPEAREAN DRAMA...NOW A NOBEL. AND THE FEW BEARS WHO WERE "ALLOWED" TO TALK WITHOUT BEING CUT AWAY TO A COMMERCIAL QUICKLY...BY THE ZIONIST MEDIA...
PLENTY OF BLAME...
MORE LATER.
TRUE, G&D WAS TEN YEARS EARLY...
BUT DO YOU THINK HISTORY WILL NOTICE THAT...? NAH...
I THINK WHAT GLOOM AND DOOM MISSED WAS THE TOTAL LACK OF PUSH BACK BY PEOPLE WHO SHOULD HAVE "KNOWN BETTER."
BUT WHAT THE HELL... WE THOUGHT IT WOULD BE 1972...THEN MAYBE 1929...BUT NEVER 1720!! FUCK NO!
OR IS 2008 EVEN WORSE... PERHAPS, THE MOTHER OF ALL BUBBLES!
OK ....WAY TOO EARLY...BUT DAMN ALREADY!
OR TAKE THE FED... VERY DISAPPOINTED THERE...BUT IT WAS GREENSPAN, THE GOLEM OF WALL STREET...SO...YA KNOW...?
AND WASHINGTON ...BOY CLINTON..WHO "FELT OUR FUCKIN PAIN" BUT DID NOTHING TO STOP IT.
AND THE AMERICAN VOTERS...! I MEAN BUSH TWICE...COME ON...! YOU DESERVE SOME DEEP SHIT WITH THAT VOTING RECORD...
AND THE MEDIA...WHERE WERE THE GROWN UPS ALL THESE YEARS... ALL TOUTS ALL THE TIME...NOT ONLY ON CNBC AND OTHER ZIONIST AND TOUT MEDIA...BUT THE MSM TOO...
AND THE ACADEMICS...MCCARTHY SCARED THE SHIT OUT OF THEM...AND THEY WERE LIKE ROOSTERS THAT "FORGOT" HOW TO CROW... OK, A FEW "CHOSEN" ACADEMICS WERE "ALLOWED" TO SPEAK AT THE VERY END OF THE LATEST BUBBLE...
ONLY "THE CHOSEN ONES" WERE ALLOWED TO "EXPLAIN THINGS" FOR THE SUCKERS ...AFTER THEIR LATEST BUBBLE FLEECING... AND FREE TRADE WAS NEVER "THE PROBLEM!"
AND THE OP-ED ASSHOLES LIKE FRIEDMAN...ET AL... 90% OF WHAT FRIEDMAN WRITES IS BULLSHIT...HIS BOOKS WILL NEVER BE READ AGAIN AFTER THEY ARE OFF THE REMAINDER TABLE.
THERE WERE A FEW BRIGHT SPOTS... KRUGMAN FOR ONE...ALWAYS WILLING TO ACT THE SHY CLOWN OF SHAKESPEAREAN DRAMA...NOW A NOBEL. AND THE FEW BEARS WHO WERE "ALLOWED" TO TALK WITHOUT BEING CUT AWAY TO A COMMERCIAL QUICKLY...BY THE ZIONIST MEDIA...
PLENTY OF BLAME...
MORE LATER.
Wednesday, November 19, 2008
IS THE WORST OVER...?
SOME WOULD SAY THAT THE WORST HAS NOT EVEN STARTED YET...
ECONOMICALLY, MANY ARE SAYING 1929 IS NOT THE RIGHT ECONOMIC MODEL...ANYMORE. AND FORGET ABOUT THE 1970'S...!
IT'S 1720, AND THE SOUTH SEAS BUBBLES THAT WE SHOULD BE LOOKING AT...!
AT THE CURRENT RATE OF DECLINE...THE US AND INDEED THE WORLD COULD SEE CIVIL AND SOCIAL UNREST...BEFORE THE END OF 2009...
THAT WOULD TAKE THIS TO AN ENTIRELY NEW LEVEL...
MY HUNCH IS THAT THE COLLAPSE OF THE AUTO INDUSTRY WILL BE THE LAST STRAW FOR MANY PEOPLE...
ECONOMICALLY, MANY ARE SAYING 1929 IS NOT THE RIGHT ECONOMIC MODEL...ANYMORE. AND FORGET ABOUT THE 1970'S...!
IT'S 1720, AND THE SOUTH SEAS BUBBLES THAT WE SHOULD BE LOOKING AT...!
AT THE CURRENT RATE OF DECLINE...THE US AND INDEED THE WORLD COULD SEE CIVIL AND SOCIAL UNREST...BEFORE THE END OF 2009...
THAT WOULD TAKE THIS TO AN ENTIRELY NEW LEVEL...
MY HUNCH IS THAT THE COLLAPSE OF THE AUTO INDUSTRY WILL BE THE LAST STRAW FOR MANY PEOPLE...
CAN THE AMERICAN ECONOMY SURVIVE...?
THINGS DO GO WRONG...
AND SOMETIMES...RARELY...BUT SOMETIMES THINGS CAN GO HORRIBLY WRONG...
THERE ARE POINTS IN HISTORY...SPECIFIC YEARS...EVEN DAYS...WHERE EVERYTHING CHANGES...FOREVER.
EVERYTHING!!
THAT RARE "ANNUS HORRIBLIS" DOES OCCUR...
THERE ARE YEARS WHERE NOTHING IS EVER THE SAME AGAIN...
THOUSAND YEAR EMPIRES CAN FALL IN A DAY...
THE GATES ARE STORMED...THE DYNASTY FALLS...THE TREASURY LOOTED...
THERE HAVE BEEN YEARS OF GREAT AND TOTAL CHANGE...
1066 IN ENGLAND. 1240 IN RUSSIA. 1453 IN BYZANTIUM. 1776 IN THE US. 1812 IN EUROPE. .... 1848, 1861, 1914, 1929, 1939, 1945....
SOME YEARS ARE SIMPLY DESTINED TO LIVE IN HISTORY AS GREAT TURNING POINTS...AFTER WHICH NOTHING IS EVER THE SAME AGAIN...
THIS YEAR...2008...COULD BE ENTERING HISTORY AS ONE OF THOSE YEARS...EVEN NOW.
REMEMBER HISTORY NEVER SEEMS LIKE HISTORY WHEN YOU ARE LIVING THROUGH IT DAY BY DAY...DRIP, DRIP, DRIP...BY DRIP...
AND SOMETIMES...RARELY...BUT SOMETIMES THINGS CAN GO HORRIBLY WRONG...
THERE ARE POINTS IN HISTORY...SPECIFIC YEARS...EVEN DAYS...WHERE EVERYTHING CHANGES...FOREVER.
EVERYTHING!!
THAT RARE "ANNUS HORRIBLIS" DOES OCCUR...
THERE ARE YEARS WHERE NOTHING IS EVER THE SAME AGAIN...
THOUSAND YEAR EMPIRES CAN FALL IN A DAY...
THE GATES ARE STORMED...THE DYNASTY FALLS...THE TREASURY LOOTED...
THERE HAVE BEEN YEARS OF GREAT AND TOTAL CHANGE...
1066 IN ENGLAND. 1240 IN RUSSIA. 1453 IN BYZANTIUM. 1776 IN THE US. 1812 IN EUROPE. .... 1848, 1861, 1914, 1929, 1939, 1945....
SOME YEARS ARE SIMPLY DESTINED TO LIVE IN HISTORY AS GREAT TURNING POINTS...AFTER WHICH NOTHING IS EVER THE SAME AGAIN...
THIS YEAR...2008...COULD BE ENTERING HISTORY AS ONE OF THOSE YEARS...EVEN NOW.
REMEMBER HISTORY NEVER SEEMS LIKE HISTORY WHEN YOU ARE LIVING THROUGH IT DAY BY DAY...DRIP, DRIP, DRIP...BY DRIP...
WATCH PLUNGE PROTECTION HERE
THERE COULD BE A RECORD NUMBER OF AVERAGES CROSSING AND RE-CROSSING THEIR PRIOR CLOSE...
WELCOME TO THE NEW ERA OF PLUNGE PROTECTION.
WATCH FOR A LOT OF NEUTRALIZATION OF DECLINES FOR THE REST OF THIS YEAR...
THAT'S WHERE THE TARP MONEY IS GOING NOW...
YES, INTO THE INVESTMENT BANKS AND HEDGE FUNDS...
BUT VIA PLUNGE PROTECTION .... NOT EQUITY AND SHARE PURCHASES!
BUT IN A SENSE THE GOVERNMENT IS "PURCHASING BANK EQUITY"...JUST IN A DIFFERENT WAY...VIA PLUNGE PROTECTION AND STOCK PRICE SUPPORTS AT THE NYSE!!
HYPER-INFLATION AND LOW VELOCITY OF MONEY.
WITH THE CURRENT DEFLATION AND THE LOW VELOCITY OF MONEY...
IT IS LIKELY THAT MASSIVE AMOUNTS OF MONEY WILL BE "PRINTED" TO REVERSE THE SUPPOSED DEFLATION...
BUT DOES THE LOW VELOCITY OF MONEY...THEN RESULT IN SUCH MASSIVE AMOUNTS OF MONEY BEING "ALLOWED" ... THAT A HYPER-INFLATION CAN KICK IN ALL AT ONCE...?
CLEARLY, THE HYPER-INFLATIONS IN THE PAST HAVE OCCURRED UNDER CIRCUMSTANCES SIMILAR TO THE PRESENT...EVERYTHING "SEEMED LOGICAL" UNTIL IT WASN'T...
MY SENSE IS THAT THE LOW VELOCITY OF MONEY IN EFFECT "ENABLES" THE PRINTING OF MONEY... WHICH THEN...SOMEHOW CAUSES A DEFACTO CURRENCY DEVALUATION TO OCCUR...
THAT MONEY DEVALUATION THEN CAUSES THE HYPER-INFLATION.
IN OTHER WORDS...IT'S NOT MONEY CHASING GOODS...THAT "CAUSES" THE (HYPER)INFLATION...
BUT...RATHER
IT'S THE MONEY PILING UP IN AMOUNTS SO HUGE...THAT THE MONEY'S VALUE IS REDUCED...
IN OTHER WORDS...MONEY CHASES MONEY DOWNWARD BECAUSE OF A MONEY GLUT...NOT BECAUSE MONEY IS "CHASING" GOODS...!!
GOODS THEN "AUTOMATICALLY" ADJUST TO THE NEWLY DEVALUED CURRENCY...
WE MAY HAVE SEEN THIS HAPPENING THIS SUMMER WITH OIL, GAS AND GOLD PRICES... NAMELY INFLATION AS A MONEY PHENOMENON...NOT A DEMAND PHENOMENON...
I HAVE A HUNCH THAT THE $4 GAS OF THIS SUMMER IS WHERE WE SHOULD BE LOOKING FOR THE CAUSES OF THE CRISIS IN SEPTEMBER...
THE CONNECTION BETWEEN THE $4 GAS...AND THE CREDIT COLLAPSE HAS NOT BEEN FULLY MAKE...OR APPRECIATED...
SO FINALLY, YOU CAN GET INFLATION AND HYPERINFLATION...WITHOUT DEMAND EVER PICKING UP!!
IT'S STRICTLY A MONETARY POLICY PHENOMENON...!! SO WHY PRINT MONEY TO "CURE" A RECESSION...
THE GOVERNMENT NEEDS TO DO MORE THAN PRINT MONEY...IT NEEDS TO ACTUALLY SPEND IT...TO PRIME THE VELOCITY PUMP...
SO THE FED PRINTING PRESS ALONE MAY NOT WORK...AND IT COULD CAUSE A DEVALUATION TO OCCUR WITHOUT DEMAND PICKING UP...
BUT DOES THE PRINTING OF MONEY WORK AGAINST THE FISCAL STIMULUS TO THE POINT WHERE THEY CANCEL EACH OTHER OUT...? DO YOU DEVALUE AS FAST AS YOU STIMULATE...UNDER NORMAL KEYNESIAN MARCO RULES...?
JUST A FEW THOUGHTS ON THIS VERY TOXIC SITUATION...
IT IS LIKELY THAT MASSIVE AMOUNTS OF MONEY WILL BE "PRINTED" TO REVERSE THE SUPPOSED DEFLATION...
BUT DOES THE LOW VELOCITY OF MONEY...THEN RESULT IN SUCH MASSIVE AMOUNTS OF MONEY BEING "ALLOWED" ... THAT A HYPER-INFLATION CAN KICK IN ALL AT ONCE...?
CLEARLY, THE HYPER-INFLATIONS IN THE PAST HAVE OCCURRED UNDER CIRCUMSTANCES SIMILAR TO THE PRESENT...EVERYTHING "SEEMED LOGICAL" UNTIL IT WASN'T...
MY SENSE IS THAT THE LOW VELOCITY OF MONEY IN EFFECT "ENABLES" THE PRINTING OF MONEY... WHICH THEN...SOMEHOW CAUSES A DEFACTO CURRENCY DEVALUATION TO OCCUR...
THAT MONEY DEVALUATION THEN CAUSES THE HYPER-INFLATION.
IN OTHER WORDS...IT'S NOT MONEY CHASING GOODS...THAT "CAUSES" THE (HYPER)INFLATION...
BUT...RATHER
IT'S THE MONEY PILING UP IN AMOUNTS SO HUGE...THAT THE MONEY'S VALUE IS REDUCED...
IN OTHER WORDS...MONEY CHASES MONEY DOWNWARD BECAUSE OF A MONEY GLUT...NOT BECAUSE MONEY IS "CHASING" GOODS...!!
GOODS THEN "AUTOMATICALLY" ADJUST TO THE NEWLY DEVALUED CURRENCY...
WE MAY HAVE SEEN THIS HAPPENING THIS SUMMER WITH OIL, GAS AND GOLD PRICES... NAMELY INFLATION AS A MONEY PHENOMENON...NOT A DEMAND PHENOMENON...
I HAVE A HUNCH THAT THE $4 GAS OF THIS SUMMER IS WHERE WE SHOULD BE LOOKING FOR THE CAUSES OF THE CRISIS IN SEPTEMBER...
THE CONNECTION BETWEEN THE $4 GAS...AND THE CREDIT COLLAPSE HAS NOT BEEN FULLY MAKE...OR APPRECIATED...
SO FINALLY, YOU CAN GET INFLATION AND HYPERINFLATION...WITHOUT DEMAND EVER PICKING UP!!
IT'S STRICTLY A MONETARY POLICY PHENOMENON...!! SO WHY PRINT MONEY TO "CURE" A RECESSION...
THE GOVERNMENT NEEDS TO DO MORE THAN PRINT MONEY...IT NEEDS TO ACTUALLY SPEND IT...TO PRIME THE VELOCITY PUMP...
SO THE FED PRINTING PRESS ALONE MAY NOT WORK...AND IT COULD CAUSE A DEVALUATION TO OCCUR WITHOUT DEMAND PICKING UP...
BUT DOES THE PRINTING OF MONEY WORK AGAINST THE FISCAL STIMULUS TO THE POINT WHERE THEY CANCEL EACH OTHER OUT...? DO YOU DEVALUE AS FAST AS YOU STIMULATE...UNDER NORMAL KEYNESIAN MARCO RULES...?
JUST A FEW THOUGHTS ON THIS VERY TOXIC SITUATION...
Tuesday, November 18, 2008
BILL KRISTOL ON REPUBLICAN GLOOM AND DOOM...
I DON'T THINK REPUBLICANS NEED TO FEAR PALIN...LONG TERM.
THESE REPUBLICAN BUBBA'S ARE SUPPOSED TO VOTE REPUBLICAN...
AND THEN CRAWL BACK IN THEIR HUT... AND NEVER BE HEARD FROM AGAIN...UNTIL THE NEXT ELECTION...
PALIN IS A CLOSET LIBERAL IF YOU LET HER BABBLE LONG ENOUGH...
JUST AS HAGGE IS A CLOSET ANTI-SEMITE...IF YOU REALLY GET DOWN TO THE TRUTH ABOUT WHO KILLED CHRIST...
REPUBLICANS AND NEOCONS LIKE KRISTOL AND LIEBERMAN ARE PLAYING WITH FIRE WHEN THEY DEPEND ON VERY STUPID PEOPLE TO PROVIDE THEIR RAW VOTE COUNT IN ELECTIONS...
THESE REPUBLICAN BUBBA'S ARE SUPPOSED TO VOTE REPUBLICAN...
AND THEN CRAWL BACK IN THEIR HUT... AND NEVER BE HEARD FROM AGAIN...UNTIL THE NEXT ELECTION...
PALIN IS A CLOSET LIBERAL IF YOU LET HER BABBLE LONG ENOUGH...
JUST AS HAGGE IS A CLOSET ANTI-SEMITE...IF YOU REALLY GET DOWN TO THE TRUTH ABOUT WHO KILLED CHRIST...
REPUBLICANS AND NEOCONS LIKE KRISTOL AND LIEBERMAN ARE PLAYING WITH FIRE WHEN THEY DEPEND ON VERY STUPID PEOPLE TO PROVIDE THEIR RAW VOTE COUNT IN ELECTIONS...
GOODS GLUT PILING UP...
WHATEVER HAPPEN TO GOOD OLD FASHION 'OVER-PRODUCTION' AS A CAUSE OF BAD STUFF IN THE ECONOMY...?
YOU NEVER HEAR ABOUT THAT ANYMORE...
IT'S LIKE YOU CAN'T HAVE TOO MANY FACTORIES...TOO MUCH STUFF...TOO MANY CARS, OR FLAT SCREEN TVS, OR CAMERAS, OR COMPUTERS!
REMEMBER THE MILK DUMPING IN THE DEPRESSION...? IT WAS A GOODS GLUT...THAT CAUSED THE PRICES TO DROP...
SOMETIMES PEOPLE QUIT SHOPPING...NOT BECAUSE THEY DON'T HAVE ANY MONEY...BUT BECAUSE THEY SIMPLY DON'T NEED ANYMORE STUFF...!
YOU SIMPLY CAN OVER-PRODUCE...AND IT'S NOBODY'S FAULT...
AND GUESS WHAT...?
OVER-PRODUCTION CAN'T BE "CURED" BY MORE EASY MONEY EITHER...!!
YOU NEVER HEAR ABOUT THAT ANYMORE...
IT'S LIKE YOU CAN'T HAVE TOO MANY FACTORIES...TOO MUCH STUFF...TOO MANY CARS, OR FLAT SCREEN TVS, OR CAMERAS, OR COMPUTERS!
REMEMBER THE MILK DUMPING IN THE DEPRESSION...? IT WAS A GOODS GLUT...THAT CAUSED THE PRICES TO DROP...
SOMETIMES PEOPLE QUIT SHOPPING...NOT BECAUSE THEY DON'T HAVE ANY MONEY...BUT BECAUSE THEY SIMPLY DON'T NEED ANYMORE STUFF...!
YOU SIMPLY CAN OVER-PRODUCE...AND IT'S NOBODY'S FAULT...
AND GUESS WHAT...?
OVER-PRODUCTION CAN'T BE "CURED" BY MORE EASY MONEY EITHER...!!
PLUNGE PROTECTION TEAM DECLARES BEAR MARKET OVER!!
GET USED TO IT...WASHINGTON IS FINISHED "SAVING" THE BANKS...
NOW PAULSON IS GOING TO "SAVE" WALL STREET...DIRECTLY USING THE "SECRET" PLUNGE PROTECTION TEAM!!
...MORE LATER...!
FUTURES LOOK DISMAL...BUT IS PLUNGE PROTECTION NOW ASSURED?
WILL THERE BE MORE FROM PLUNGE PROTECTION?
MAYBE THAT'S WHERE PAULSON IS PUTTING THAT "LAST" 350 BILLION!!
TALK ABOUT GETTING BANG FOR THE BUCK...!!
I'M SERIOUS...
THIS COULD BE "THE CURE" THAT IS NEEDED...TO RESTORE OUR BELOVED ASSET BUBBLES...."ON THE CHEAP!"
DIRECT GOVERNMENT MANIPULATION OF THE STOCK MARKET...
SEE BELOW...
WHAT'S UP WITH THE "MYSTERIOUS" LEAK ON CNBC THIS MORNING?
...ABOUT THE "PLUNGE PROTECTION TEAM!!"
THIS "LEAK" MAY NOT HAVE BEEN "ACCIDENTAL!!"
MAYBE THAT'S WHERE PAULSON IS PUTTING THAT "LAST" 350 BILLION!!
TALK ABOUT GETTING BANG FOR THE BUCK...!!
I'M SERIOUS...
THIS COULD BE "THE CURE" THAT IS NEEDED...TO RESTORE OUR BELOVED ASSET BUBBLES...."ON THE CHEAP!"
DIRECT GOVERNMENT MANIPULATION OF THE STOCK MARKET...
SEE BELOW...
WHAT'S UP WITH THE "MYSTERIOUS" LEAK ON CNBC THIS MORNING?
...ABOUT THE "PLUNGE PROTECTION TEAM!!"
THIS "LEAK" MAY NOT HAVE BEEN "ACCIDENTAL!!"
PLUNGE PROTECTION TEAM INTRODUCED ON CNBC...!!
THE PLUNGE PROTECTION TEAM WAS FINALLY ANNOUNCED ON CNBC THIS MORNING...
BUT THE STATION WAS FORCED TO REPENT AND SCOFF AT THE NOTION...ASAP!
EVERYONE, OF COURSE, KNOWS THAT THERE IS A PLUNGE PROTECTION TEAM IN THE WHITE HOUSE...JUST LOOK AT THE DOW CHART TODAY...!
ARE WE TO BELEIVE THAT WASHINGTON MANIPULATES THE BOND MARKET...BUT NOT THE STOCK MARKET...
WATCH FOR MORE PLUNGE PROTECTION ACTION GOING FORWARD...
THE "LEAK" TODAY ON CNBC...WAS SO OBVIOUS ...THAT IT HAD ALL THE MARKINGS OF A "PLANT!"
THIS TOPIC WAS NOT BROUGHT UP BY ACCIDENT...!!
IF YOU'RE THAT STUPID...YOU PROBABLY BELIEVE IN...THE TOOTH FAIRY...(OR MAYBE THE PLUNGE PROTECTION TEAM!!)...
CLEARLY THE DISCUSSION OF THE OFFICIALLY "SECRET" PLUNGE PROTECTION TEAM WAS INTENDED TO "PUT FEAR" INTO THE SHORTS...AND ENCOURAGE THE RETAIL INVESTORS THAT UNCLE SAM IS "ON YOUR SIDE..."
VERY ODD DOINGS THIS MORNING ON CNBC...
IT HAD THE MAKINGS OF A MORALITY PLAY... OR BAD HIGH SCHOOL DRAMA...
THE PLUNGE PROTECTION TEAM APPEARS TO WANT YOU TO KNOW ABOUT THEM...
AND JUST LOOK AT TODAY'S DOW CHART FOR PROOF...!!
CONSIDER;
ARE WE IN FOR MORE OF THE SAME... COULD THE "BEAR MARKET" BE "OVER" THANKS TO PLUNGE PROTECTION...?
THESE ARE DESPERATE TIMES...TO BE SURE...
AND PLUNGE PROTECTION IS A DESPERATE MEASURE...WHOSE TIME MAY HAVE COME...!!
BUT THE STATION WAS FORCED TO REPENT AND SCOFF AT THE NOTION...ASAP!
EVERYONE, OF COURSE, KNOWS THAT THERE IS A PLUNGE PROTECTION TEAM IN THE WHITE HOUSE...JUST LOOK AT THE DOW CHART TODAY...!
ARE WE TO BELEIVE THAT WASHINGTON MANIPULATES THE BOND MARKET...BUT NOT THE STOCK MARKET...
WATCH FOR MORE PLUNGE PROTECTION ACTION GOING FORWARD...
THE "LEAK" TODAY ON CNBC...WAS SO OBVIOUS ...THAT IT HAD ALL THE MARKINGS OF A "PLANT!"
THIS TOPIC WAS NOT BROUGHT UP BY ACCIDENT...!!
IF YOU'RE THAT STUPID...YOU PROBABLY BELIEVE IN...THE TOOTH FAIRY...(OR MAYBE THE PLUNGE PROTECTION TEAM!!)...
CLEARLY THE DISCUSSION OF THE OFFICIALLY "SECRET" PLUNGE PROTECTION TEAM WAS INTENDED TO "PUT FEAR" INTO THE SHORTS...AND ENCOURAGE THE RETAIL INVESTORS THAT UNCLE SAM IS "ON YOUR SIDE..."
VERY ODD DOINGS THIS MORNING ON CNBC...
IT HAD THE MAKINGS OF A MORALITY PLAY... OR BAD HIGH SCHOOL DRAMA...
THE PLUNGE PROTECTION TEAM APPEARS TO WANT YOU TO KNOW ABOUT THEM...
AND JUST LOOK AT TODAY'S DOW CHART FOR PROOF...!!
CONSIDER;
ARE WE IN FOR MORE OF THE SAME... COULD THE "BEAR MARKET" BE "OVER" THANKS TO PLUNGE PROTECTION...?
THESE ARE DESPERATE TIMES...TO BE SURE...
AND PLUNGE PROTECTION IS A DESPERATE MEASURE...WHOSE TIME MAY HAVE COME...!!
LETTER TO OBAMA: REMEMBER 2008 IS LIKE 1932, NOT 1992...
IF OBAMA THINKS HE IS GOING TO GET THE SAME EASY RIDE THAT BILL CLINTON GOT WHEN HE PROMISED THE DEVIL, (GREENSPAN), NOT TO FUCK WITH THE BOND MARKET...HE IS MISTAKEN...
THIS DISMAL ANNUS HORRIBLIS, 2008, IS NOT 1992...
IT'S MORE LIKE 1932...
APPOINT WHO EVER AND WHAT EVER WORKS...
BUT AN EASY RIDE THIS IS NOT GOING TO BE...
CLINTON WAS THE BENEFICIARY OF THE GREENSPAN BUBBLE ECONOMY...
BUT GREENSPAN IS DISCREDITED NOW... AND THE BUBBLE ECONOMY IS OVER.
THE CURRENT SITUATION IS LIKELY EVEN WORSE THAN 1932...AND MAY BE "UNSOLVABLE" ...
BUT LET'S LEAVE THAT LITTLE CHESTNUT FOR AFTER JANUARY 20TH...
THIS DISMAL ANNUS HORRIBLIS, 2008, IS NOT 1992...
IT'S MORE LIKE 1932...
APPOINT WHO EVER AND WHAT EVER WORKS...
BUT AN EASY RIDE THIS IS NOT GOING TO BE...
CLINTON WAS THE BENEFICIARY OF THE GREENSPAN BUBBLE ECONOMY...
BUT GREENSPAN IS DISCREDITED NOW... AND THE BUBBLE ECONOMY IS OVER.
THE CURRENT SITUATION IS LIKELY EVEN WORSE THAN 1932...AND MAY BE "UNSOLVABLE" ...
BUT LET'S LEAVE THAT LITTLE CHESTNUT FOR AFTER JANUARY 20TH...
LET THE BIG THREE FAIL...!!
AMERICA HATERS REJOICE...!!
THE BIG THREE US AUTO INDUSTRY ... WHICH CREATED THE AMERICAN MIDDLE CLASS PARADIGM...THAT WAS FOLLOWED ALL OVER THE US AFTER WWII...
IS NOW BEING FORCED TO REPENT....!
BY WHO?
BY THE STOOGES FOR INTERNATIONAL CAPITAL AND COMMUNIST CHINA... ...THE U.S. SENATE...!!
I AM SURE THE CONGRESSIONAL PUPPET MASTERS ON WALL STREET ... AND IN COMMUNIST CHINA ARE HAPPY TO SEE THIS DEGRADATION OF AMERICANS...BY AMERICANS!!
THE AMERICAN MIDDLE CLASS MUST BE DESTROYED!!
THE BIG THREE US AUTO INDUSTRY ... WHICH CREATED THE AMERICAN MIDDLE CLASS PARADIGM...THAT WAS FOLLOWED ALL OVER THE US AFTER WWII...
IS NOW BEING FORCED TO REPENT....!
BY WHO?
BY THE STOOGES FOR INTERNATIONAL CAPITAL AND COMMUNIST CHINA... ...THE U.S. SENATE...!!
I AM SURE THE CONGRESSIONAL PUPPET MASTERS ON WALL STREET ... AND IN COMMUNIST CHINA ARE HAPPY TO SEE THIS DEGRADATION OF AMERICANS...BY AMERICANS!!
THE AMERICAN MIDDLE CLASS MUST BE DESTROYED!!
BIG THREE APOLOGIZE FOR CREATING US MIDDLE CLASS!
IT WAS TRULY AMAZING TO WATCH THE BIG THREE AUTO MAKERS BEING FORCED TO APOLOGIZE IN THE US SENATE TODAY... FOR CREATING THE AMERICAN MIDDLE CLASS OVER THE LAST 100 YEARS!
REPENT YE SINNERS...WAS THE CRY FROM WALL STREET AND THE RED NECK ASSHOLES IN THE SENATE...!!
REPENT...OR WE WILL NOT PRINT ANY MONEY FOR YOU...!!
YES...IT IS TRULY HORRID THAT THE UAW EVER WAS FORMED...
LET THE WORKERS SLAVE WITHOUT RIGHTS, HEALTH CARE, OR DECENT WAGES....LIKE INDUSTRIAL SERFS!!
MAKE THE BIG THREE AND THE UAW SQUIRM FOR PROVIDING GOOD HEALTH CARE, LIVING WAGES, AND DECENT PENSIONS FOR THEIR WORKERS AND THEIR RETIREES...!!
BECAUSE THE CORRUPT ASSHOLES IN THE US SENATE WOULD NEVER EVEN THINK OF PROVIDING UNIVERSAL HEALTH CARE AND GOOD WAGES FOR THE PEOPLE THEY REPRESENT...!!
ALL AMERICA HATERS SHOULD HOPE THE US AUTO INDUSTRY GOES UNDER...ASAP!!
REPENT YE SINNERS...WAS THE CRY FROM WALL STREET AND THE RED NECK ASSHOLES IN THE SENATE...!!
REPENT...OR WE WILL NOT PRINT ANY MONEY FOR YOU...!!
YES...IT IS TRULY HORRID THAT THE UAW EVER WAS FORMED...
LET THE WORKERS SLAVE WITHOUT RIGHTS, HEALTH CARE, OR DECENT WAGES....LIKE INDUSTRIAL SERFS!!
MAKE THE BIG THREE AND THE UAW SQUIRM FOR PROVIDING GOOD HEALTH CARE, LIVING WAGES, AND DECENT PENSIONS FOR THEIR WORKERS AND THEIR RETIREES...!!
BECAUSE THE CORRUPT ASSHOLES IN THE US SENATE WOULD NEVER EVEN THINK OF PROVIDING UNIVERSAL HEALTH CARE AND GOOD WAGES FOR THE PEOPLE THEY REPRESENT...!!
ALL AMERICA HATERS SHOULD HOPE THE US AUTO INDUSTRY GOES UNDER...ASAP!!
IS "SEARCH" OVERRATED...BY GOOGLE AND YAHOO?
THERE IS A LOT OF TALK ABOUT HOW IMPORTANT "SEARCH" IS ON THE INTERNET...ESPECIALLY FOR THE YAHOO, MICROSOFT AND GOOGLE "BUSINESS MODELS..."
BUT IS IT REALLY....?
MOST PEOPLE EVENTUALLY SETTLE ON A FEW WEB SITES THAT THEY USE EVERYDAY...THEIR "FAVORITES"...
ONCE YOU HAVE YOUR SELECTIONS...YOU DON'T REALLY "SEARCH" THAT MUCH... NEWBIES TO THE INTERNET...I ASSUME THERE ARE A FEW...MAY NEED TO "SEARCH" FOR WEBS SITES AT THE BEGINNING...BUT MOST WILL SETTLE OUT ON A FEW SITES THAT THEY VISIT FREQUENTLY...
I PERSONALLY WOULD LOVE TO "SEARCH" FOR MORE INTERESTING WEB SITES TO VISIT...BUT THE INTERNET IS VERY TIME CONSUMING ALREADY...AND WHO HAS TIME TO JUST "LOOK AROUND?!"
YOU DON'T NEED GOOGLE TO FIND EBAY, AMAZON, YAHOO, TRAVELOCITY, EXPEDIA OR CNN...
ONCE YOU HAVE THEM IN YOUR FAVORITES LIST...THAT STOPS THE NEED TO SEARCH...
OK...PERHAPS YOU'LL USE WIKI FOR SOME INFO...BUT YOU ALREADY KNOW ABOUT WIKI...IT'S ON THE LIST TOO...AND WIKI IS NOT TECHNICALLY "SEARCH."
YES, I KNOW THERE ARE BILLIONS OF WEB SITES FOR BUSINESS ALL AROUND THE GLOBE...AND OCCASIONALLY I WILL LOOK AT A FEW OF THEM...NOW AND THEN.
BUT AGAIN...MOST OF US KNOW WHAT WE WANT...AND WE KNOW HOW TO GET THERE...ALREADY!
SO WHAT'S THE BIG DEAL ABOUT THE VALUE OF "SEARCH" ON THE INTERNET...
I THINK IT'S HIGHLY OVER RATED AS AN INCOME PRODUCER...
PEOPLE WILL ALWAYS BUY THINGS ON THE NET...
BUT I THINK SEARCH IS NOT THAT IMPORTANT...
WHAT IS IMPORTANT?
PROVIDING THE OPPORTUNITY TO BUY GOODS AND SERVICES QUICKLY...THAT IS WHERE YAHOO SHOULD BE GOING...
THE "THREE CLICKS AND YOU'RE DONE" MODEL OF EBAY AND AMAZON...IS WHERE MSN, YAHOO AND EVEN GOOGLE NEED TO GO...EVENTUALLY.
BECAUSE SIMPLE INTERNET "SEARCH" ... AND EVEN ON-LINE ADVERTISING ARE HIGHLY OVERRATED...
BUT IS IT REALLY....?
MOST PEOPLE EVENTUALLY SETTLE ON A FEW WEB SITES THAT THEY USE EVERYDAY...THEIR "FAVORITES"...
ONCE YOU HAVE YOUR SELECTIONS...YOU DON'T REALLY "SEARCH" THAT MUCH... NEWBIES TO THE INTERNET...I ASSUME THERE ARE A FEW...MAY NEED TO "SEARCH" FOR WEBS SITES AT THE BEGINNING...BUT MOST WILL SETTLE OUT ON A FEW SITES THAT THEY VISIT FREQUENTLY...
I PERSONALLY WOULD LOVE TO "SEARCH" FOR MORE INTERESTING WEB SITES TO VISIT...BUT THE INTERNET IS VERY TIME CONSUMING ALREADY...AND WHO HAS TIME TO JUST "LOOK AROUND?!"
YOU DON'T NEED GOOGLE TO FIND EBAY, AMAZON, YAHOO, TRAVELOCITY, EXPEDIA OR CNN...
ONCE YOU HAVE THEM IN YOUR FAVORITES LIST...THAT STOPS THE NEED TO SEARCH...
OK...PERHAPS YOU'LL USE WIKI FOR SOME INFO...BUT YOU ALREADY KNOW ABOUT WIKI...IT'S ON THE LIST TOO...AND WIKI IS NOT TECHNICALLY "SEARCH."
YES, I KNOW THERE ARE BILLIONS OF WEB SITES FOR BUSINESS ALL AROUND THE GLOBE...AND OCCASIONALLY I WILL LOOK AT A FEW OF THEM...NOW AND THEN.
BUT AGAIN...MOST OF US KNOW WHAT WE WANT...AND WE KNOW HOW TO GET THERE...ALREADY!
SO WHAT'S THE BIG DEAL ABOUT THE VALUE OF "SEARCH" ON THE INTERNET...
I THINK IT'S HIGHLY OVER RATED AS AN INCOME PRODUCER...
PEOPLE WILL ALWAYS BUY THINGS ON THE NET...
BUT I THINK SEARCH IS NOT THAT IMPORTANT...
WHAT IS IMPORTANT?
PROVIDING THE OPPORTUNITY TO BUY GOODS AND SERVICES QUICKLY...THAT IS WHERE YAHOO SHOULD BE GOING...
THE "THREE CLICKS AND YOU'RE DONE" MODEL OF EBAY AND AMAZON...IS WHERE MSN, YAHOO AND EVEN GOOGLE NEED TO GO...EVENTUALLY.
BECAUSE SIMPLE INTERNET "SEARCH" ... AND EVEN ON-LINE ADVERTISING ARE HIGHLY OVERRATED...
SELL ALL "GHOST DANCE" RALLIES...
GIVEN THE DISMAL STATE OF US MACROECONOMICS...
WE CAN EXPECT SOME DELUSIONAL THINKING TO CREEP IN...
THERE WILL LIKELY BE "GHOST DANCE" RALLIES FOR THE REST OF THIS YEAR...
GREAT SELLING OPPORTUNITIES...ESPECIALLY IF THE SHORTS ARE COVERING.
CLEARLY THE FED AND THE BUSH ADMINISTRATION ARE DONE NOW...THEY ARE SIMPLY GOING TO SIT BACK AND LET THE CALENDAR DO THE WORK UNTIL OBAMA TAKES OVER... THE CAN IS BEING KICKED DOWN THE ROAD...NOTHING IS BEING SOLVED...AND NO ONE IN THE ADMINISTRATION WANTS TO TAKE ANY CHANCES...
WE CAN EXPECT SOME DELUSIONAL THINKING TO CREEP IN...
THERE WILL LIKELY BE "GHOST DANCE" RALLIES FOR THE REST OF THIS YEAR...
GREAT SELLING OPPORTUNITIES...ESPECIALLY IF THE SHORTS ARE COVERING.
CLEARLY THE FED AND THE BUSH ADMINISTRATION ARE DONE NOW...THEY ARE SIMPLY GOING TO SIT BACK AND LET THE CALENDAR DO THE WORK UNTIL OBAMA TAKES OVER... THE CAN IS BEING KICKED DOWN THE ROAD...NOTHING IS BEING SOLVED...AND NO ONE IN THE ADMINISTRATION WANTS TO TAKE ANY CHANCES...
H-P PROCLAIMS "MIRACLE" RECOVERY...!!
SELL THE BLIP...!
AFTER CLOSING DOWN SOME PRODUCTION...THERE IS A LITTLE DELUSIONAL THINKING AT H-P...
IF THE SUCKERS BITE...SELL THE BLIP...
AFTER CLOSING DOWN SOME PRODUCTION...THERE IS A LITTLE DELUSIONAL THINKING AT H-P...
IF THE SUCKERS BITE...SELL THE BLIP...
Monday, November 17, 2008
CITI CUTS 50,000....BANKRUPT GM COULD COST MILLIONS OF JOBS...
SOMEHOW, I THINK CONGRESS WILL GET COLD FEET ABOUT BANKRUPTING GM...IF THEY DON'T IT WILL BE INTERESTING TO WATCH THE DISASTER UNFOLD...
TO BANKRUPT... OR NOT TO BANKRUPT...THAT IS THE QUESTION...
EITHER WAY THE COSTS WILL BE HUGE...
ULTIMATELY, THE NOTION THAT AMERICANS DO NOT MANUFACTURE CARS ANYMORE...WILL BE A MAJOR PSYCHOLOGICAL BLOW TO THE DOLLAR. AND TO AMERICANS' GENERAL SENSE OF PURPOSE.
THE US SIMPLY CAN NOT CLAIM TO BE A SUPERPOWER ANYMORE...IF US AUTOS GO UNDER...
BUT AMERICA'S SUPERPOWER STATUS IS MOSTLY BOGUS EVEN NOW...
SO MAYBE PERCEPTION IS JUST CATCHING UP WITH GRIM REALITY...
TO BANKRUPT... OR NOT TO BANKRUPT...THAT IS THE QUESTION...
EITHER WAY THE COSTS WILL BE HUGE...
ULTIMATELY, THE NOTION THAT AMERICANS DO NOT MANUFACTURE CARS ANYMORE...WILL BE A MAJOR PSYCHOLOGICAL BLOW TO THE DOLLAR. AND TO AMERICANS' GENERAL SENSE OF PURPOSE.
THE US SIMPLY CAN NOT CLAIM TO BE A SUPERPOWER ANYMORE...IF US AUTOS GO UNDER...
BUT AMERICA'S SUPERPOWER STATUS IS MOSTLY BOGUS EVEN NOW...
SO MAYBE PERCEPTION IS JUST CATCHING UP WITH GRIM REALITY...
JEWISH MAFIA OUT OF CONTROL...?
IN ISRAEL FOR SURE...
BUT PERHAPS IN WASHINGTON AND ON WALL STREET AS WELL...
BUT PERHAPS IN WASHINGTON AND ON WALL STREET AS WELL...
NATIONALIZE US AUTO COMPANIES NOW...!
WHY LET GM GO BANKRUPT...AND THEN PASS THE COSTS TO THE TAXPAYER...
LET WASHINGTON OWN AND RUN THE US AUTO COMPANIES...AS GOING CONCERNS.
JUST NATIONALIZE THEM...FOR THE BENEFIT OF THE US TAXPAYER...ULTIMATELY.
EITHER WAY...WASHINGTON IS GOING TO PONY UP THE MONEY...IN A BANKRUPTCY OR IN SOME NATIONALIZATION SCHEME...
LET WASHINGTON OWN AND RUN THE US AUTO COMPANIES...AS GOING CONCERNS.
JUST NATIONALIZE THEM...FOR THE BENEFIT OF THE US TAXPAYER...ULTIMATELY.
EITHER WAY...WASHINGTON IS GOING TO PONY UP THE MONEY...IN A BANKRUPTCY OR IN SOME NATIONALIZATION SCHEME...
OBAMA WILL REDUCE AMERICA'S "ENEMIES LIST"
THEN, OBAMA WILL SPEND THE RESULTING PEACE DIVIDEND ON DOMESTIC NEEDS...
THE END OF IMPERIALISM IN THE US...IS NOW...
AMERICA CAN NOT AFFORD IT...
AND THE WORLD DOES NOT NEED IT...
AND INSANE RAVINGS OF BUSH, CHENEY AND THE NEOCONS...THAT "THEY HATE US BECAUSE WE ARE GOOD"
IS OBVIOUS BULLSHIT...
BUT THE BULLSHIT DAZE MAY BE ENDING...
IN TRUTH, "THEY HATE US" BECAUSE OF OUR NEO-IMPERIALIST POLICIES...PERHAPS NOW ENDING WITH OBAMA...
THE MASSIVE GOODWILL THAT OBAMA TAKES INTO OFFICE...WILL BE TESTED BY THOSE WHO WANT AN OLD STYLE "BUSH/CHENEY/NEOCON" MILITARY INDUSTRIAL "ENEMIES LIST" TO JUSTIFY MORE DEFENSE SPENDING...
THE MILITARY INDUSTRIAL COMPLEX IS DANGEROUS...AND MUST BE WATCHED CLOSELY...
OBAMA HAS TO BE VERY CAREFUL NOT TO TAKE THE WRONG ADVISE FROM THE MILITARISTS WHO PREY ON THE CULTURE OF HATE AND FEAR ESTABLISHED BY THE REPUBLICANS AND THEIR ZIONIST MASTERS...THE NEOCONS.
THE END OF IMPERIALISM IN THE US...IS NOW...
AMERICA CAN NOT AFFORD IT...
AND THE WORLD DOES NOT NEED IT...
AND INSANE RAVINGS OF BUSH, CHENEY AND THE NEOCONS...THAT "THEY HATE US BECAUSE WE ARE GOOD"
IS OBVIOUS BULLSHIT...
BUT THE BULLSHIT DAZE MAY BE ENDING...
IN TRUTH, "THEY HATE US" BECAUSE OF OUR NEO-IMPERIALIST POLICIES...PERHAPS NOW ENDING WITH OBAMA...
THE MASSIVE GOODWILL THAT OBAMA TAKES INTO OFFICE...WILL BE TESTED BY THOSE WHO WANT AN OLD STYLE "BUSH/CHENEY/NEOCON" MILITARY INDUSTRIAL "ENEMIES LIST" TO JUSTIFY MORE DEFENSE SPENDING...
THE MILITARY INDUSTRIAL COMPLEX IS DANGEROUS...AND MUST BE WATCHED CLOSELY...
OBAMA HAS TO BE VERY CAREFUL NOT TO TAKE THE WRONG ADVISE FROM THE MILITARISTS WHO PREY ON THE CULTURE OF HATE AND FEAR ESTABLISHED BY THE REPUBLICANS AND THEIR ZIONIST MASTERS...THE NEOCONS.
Sunday, November 16, 2008
OBAMA BEING "TESTED" BY FRANCE AND THE UK!!
OBAMA WILL BE "TESTED" ALRIGHT...BUT BY THE NEO-IMPERIALISTS IN FRANCE AND THE UK...AND BY NATO'S INCREASINGLY DESPERATE: "MISSION CREEPS!"
IF SARKO WANTS NATO/NEOCON "NEO-IMPERIALISM" IN EUROPE...LET THE FRENCH PAY FOR IT...!!
AND THE UK GEOPOLITICAL TWITS AND THEORISTS...NEED TO PONY UP MORE DOUGH FOR THEIR "NEXT WAR"...
BECAUSE JUST HOLDING AMERICA'S COAT WON'T CUT IT ANYMORE AFTER THE MORON BUSH IS OUT OF OFFICE....
IF SARKO WANTS NATO/NEOCON "NEO-IMPERIALISM" IN EUROPE...LET THE FRENCH PAY FOR IT...!!
AND THE UK GEOPOLITICAL TWITS AND THEORISTS...NEED TO PONY UP MORE DOUGH FOR THEIR "NEXT WAR"...
BECAUSE JUST HOLDING AMERICA'S COAT WON'T CUT IT ANYMORE AFTER THE MORON BUSH IS OUT OF OFFICE....
RUSSIA LOVES OBAMA...
CAN RUSSIANS AND AMERICANS EVER "BE FRIENDS"...?
ACTUALLY, THE CULTURAL AND SOCIAL SIMILARITIES BETWEEN RUSSIANS AND AMERICANS ARE AMAZING...!
HERE ARE A FEW...
1. BOTH ARE "CONTINENTAL NATIONS"...HOLDING VAST AREAS OF LAND...WITH ABORIGINAL NATIONS IN THE INTERIOR...AND THUS BOTH ARE "MULTI-CULTURAL" --UNLIKE MOST OF EUROPE
2. BOTH WERE CULTURALLY "LOOKED DOWN ON" BY EUROPEANS...AS "NOT QUITE GOOD ENOUGH."
3. BOTH ARE ON THE "FRINGE OF THE OLD WORLD." THE US IS ACROSS THE ATLANTIC... RUSSIA ON THE FAR EDGES OF EUROPE.
4. BOTH ARE DIVIDED BY A KEY MOUNTAIN RANGE... THE ROCKIES IN THE US...IN RUSSIA THE URALS SEPERATE EUROPE FROM ASIA.
5. BOTH HAVE A DEEP CULTURAL HERITAGE IN "THE FORESTS"...WOOD AND WOOD WORKING WERE IMPORTANT TO EARLY RUSSIA ...AND EARLY AMERICA... EARLY AMERICANS LIVED IN LOG CABINS...RUSSIANS LIVE IN LOG CABINS CALLED "IZBAS"...AND BUILT AMAZING ORTHODOX CHURCHES ENTIRELY OF WOOD.
6. BOTH HAVE A VAST "GRASSY PLAIN"...IN THE US...THE GREAT PLAINS...IN RUSSIA THE TREELESS GRASSY "STEPPE" THAT GOES FROM THE CARPATHIANS TO MONGOLIA!
7. BOTH ADMIRED EUROPEAN CULTURE IN THEIR EARLY DAYS... AMERICANS LOOKED TO EUROPLE FOR CULTURE IN THE 19TH CENTURY...AND RUSSIANS HAVE BEEN TRYING TO "ACT EUROPEAN" SINCE PETER THE GREAT BUILT SAINT PETERSBURG IN 1703...
8. BOTH CONSIDER THEMSELVES TO BE RELIGIOUSLY SPECIAL AND UNIQUE... AMERICA WAS FOUNDED BY PERSONS SEEKING RELIGIOUS FREEDOM...AND RUSSIA WAS THE SOLE DEFENDER OF "ORTHODOXY" AFTER THE FALL OF BYZANTIUM...SUPPOSEDLY MAKING RUSSIA THE "THIRD ROME."
9. BOTH ABOLISHED THEIR "SLAVE SYSTEM" IN THE 1860'S... THE AMERICAN SLAVES WERE FREED AFTER THE CIVIL WAR...THE RUSSIAN "SERFS" WERE "UNBOUND" FROM THE LAND IN 1861...
10. BOTH WERE SUPERPOWERS IN THE 20TH CENTURY...
I COULD GO ON AND ON...
AMERICANS AND RUSSIANS ARE "INFORMAL" PEOPLE...THEY LIKE TO DRINK AND BAR-B-QUE...AND HUNT...! RUSSIANS ARE VERY MUCH OUTDOORS TYPES. RUSSIANS ARE VERY "FAMILY" ORIENTED...WITH SEVERAL GENERATIONS LIVING TOGETHER OR NEAR BY.
THE TYPICAL RUSSIAN "ACTS MORE LIKE" AN AMERICAN THAN A BRIT, ITALIAN OR FRENCH PERSON....
SECRETLY, RUSSIANS LIKE BRITAIN BETTER THAN FRANCE AND GERMANY...BUT FRANCE AND GERMANY BOTH INVADED RUSSIA! THE RUSSIAN INTELLIGENTSIA WOULD LOOK TO ENGLAND FOR "MODELS" OF GOVERNMENT TO COPY...EVEN IF THEY WENT TO ITALY FOR ART AND ARCHITECTS..
AND THE DIFFERENCES...?
WELL...THE RUSSIAN CZARS WERE VERY AUTOCRATIC...BUT MOST WERE "NICE ABOUT IT"...IF YOU DIDN'T CHALLENGE THEM DIRECTLY...AND THEIR IMPERIAL WARS WERE NEVER ENDING FROM ABOUT 1400 TO 1917...
ALSO AMERICANS HAVE NO EXPERIENCE WITH OLD ARISTOCRACIES...WHICH WERE HORRIBLE... RELICS OF THE MIDDLE AGES.
RUSSIANS HAD COMMUNISM AND STALINISM...AS A "GREAT ECONOMIC EXPERIMENT" IN THE 20TH CENTURY..WHICH FAILED MISERABLY...BUT RUSSIANS ARE A VERY NAIVE PEOPLE...A BIT SHYER THAN AMERICANS...AND THEY TEND TO BE GULLIBLE (AS WITH THEIR CONSTANT "NEWS" ABOUT "UFOS")...THEY TEND BLINDLY TO BELIEVE THEIR ELITES...NOT UNLIKE THE RED STATE REDNECKS IN THE US RECENTLY...
INDEED, A GOOD TITLE FOR A HISTORY OF THE 20TH CENTURY WOULD BE :
"HOW WE GOT THE HABSBERGS AND ROMANOVS OFF OUR BACK...!!"
MORE LATER...
ACTUALLY, THE CULTURAL AND SOCIAL SIMILARITIES BETWEEN RUSSIANS AND AMERICANS ARE AMAZING...!
HERE ARE A FEW...
1. BOTH ARE "CONTINENTAL NATIONS"...HOLDING VAST AREAS OF LAND...WITH ABORIGINAL NATIONS IN THE INTERIOR...AND THUS BOTH ARE "MULTI-CULTURAL" --UNLIKE MOST OF EUROPE
2. BOTH WERE CULTURALLY "LOOKED DOWN ON" BY EUROPEANS...AS "NOT QUITE GOOD ENOUGH."
3. BOTH ARE ON THE "FRINGE OF THE OLD WORLD." THE US IS ACROSS THE ATLANTIC... RUSSIA ON THE FAR EDGES OF EUROPE.
4. BOTH ARE DIVIDED BY A KEY MOUNTAIN RANGE... THE ROCKIES IN THE US...IN RUSSIA THE URALS SEPERATE EUROPE FROM ASIA.
5. BOTH HAVE A DEEP CULTURAL HERITAGE IN "THE FORESTS"...WOOD AND WOOD WORKING WERE IMPORTANT TO EARLY RUSSIA ...AND EARLY AMERICA... EARLY AMERICANS LIVED IN LOG CABINS...RUSSIANS LIVE IN LOG CABINS CALLED "IZBAS"...AND BUILT AMAZING ORTHODOX CHURCHES ENTIRELY OF WOOD.
6. BOTH HAVE A VAST "GRASSY PLAIN"...IN THE US...THE GREAT PLAINS...IN RUSSIA THE TREELESS GRASSY "STEPPE" THAT GOES FROM THE CARPATHIANS TO MONGOLIA!
7. BOTH ADMIRED EUROPEAN CULTURE IN THEIR EARLY DAYS... AMERICANS LOOKED TO EUROPLE FOR CULTURE IN THE 19TH CENTURY...AND RUSSIANS HAVE BEEN TRYING TO "ACT EUROPEAN" SINCE PETER THE GREAT BUILT SAINT PETERSBURG IN 1703...
8. BOTH CONSIDER THEMSELVES TO BE RELIGIOUSLY SPECIAL AND UNIQUE... AMERICA WAS FOUNDED BY PERSONS SEEKING RELIGIOUS FREEDOM...AND RUSSIA WAS THE SOLE DEFENDER OF "ORTHODOXY" AFTER THE FALL OF BYZANTIUM...SUPPOSEDLY MAKING RUSSIA THE "THIRD ROME."
9. BOTH ABOLISHED THEIR "SLAVE SYSTEM" IN THE 1860'S... THE AMERICAN SLAVES WERE FREED AFTER THE CIVIL WAR...THE RUSSIAN "SERFS" WERE "UNBOUND" FROM THE LAND IN 1861...
10. BOTH WERE SUPERPOWERS IN THE 20TH CENTURY...
I COULD GO ON AND ON...
AMERICANS AND RUSSIANS ARE "INFORMAL" PEOPLE...THEY LIKE TO DRINK AND BAR-B-QUE...AND HUNT...! RUSSIANS ARE VERY MUCH OUTDOORS TYPES. RUSSIANS ARE VERY "FAMILY" ORIENTED...WITH SEVERAL GENERATIONS LIVING TOGETHER OR NEAR BY.
THE TYPICAL RUSSIAN "ACTS MORE LIKE" AN AMERICAN THAN A BRIT, ITALIAN OR FRENCH PERSON....
SECRETLY, RUSSIANS LIKE BRITAIN BETTER THAN FRANCE AND GERMANY...BUT FRANCE AND GERMANY BOTH INVADED RUSSIA! THE RUSSIAN INTELLIGENTSIA WOULD LOOK TO ENGLAND FOR "MODELS" OF GOVERNMENT TO COPY...EVEN IF THEY WENT TO ITALY FOR ART AND ARCHITECTS..
AND THE DIFFERENCES...?
WELL...THE RUSSIAN CZARS WERE VERY AUTOCRATIC...BUT MOST WERE "NICE ABOUT IT"...IF YOU DIDN'T CHALLENGE THEM DIRECTLY...AND THEIR IMPERIAL WARS WERE NEVER ENDING FROM ABOUT 1400 TO 1917...
ALSO AMERICANS HAVE NO EXPERIENCE WITH OLD ARISTOCRACIES...WHICH WERE HORRIBLE... RELICS OF THE MIDDLE AGES.
RUSSIANS HAD COMMUNISM AND STALINISM...AS A "GREAT ECONOMIC EXPERIMENT" IN THE 20TH CENTURY..WHICH FAILED MISERABLY...BUT RUSSIANS ARE A VERY NAIVE PEOPLE...A BIT SHYER THAN AMERICANS...AND THEY TEND TO BE GULLIBLE (AS WITH THEIR CONSTANT "NEWS" ABOUT "UFOS")...THEY TEND BLINDLY TO BELIEVE THEIR ELITES...NOT UNLIKE THE RED STATE REDNECKS IN THE US RECENTLY...
INDEED, A GOOD TITLE FOR A HISTORY OF THE 20TH CENTURY WOULD BE :
"HOW WE GOT THE HABSBERGS AND ROMANOVS OFF OUR BACK...!!"
MORE LATER...
NOW THE IMF WANTS A BAILOUT...!
JESUS H. CHRIST...!!
INVEST IN PRINTING PRESS MAKERS AND PAPER MILLS!!
INVEST IN PRINTING PRESS MAKERS AND PAPER MILLS!!
KISSING OMAR'S ASS...?
CLEARLY, OBAMA IS NOT GOING TO "INCREASE" TROOPS IN AFGHANISTAN...
HENCE THE MOVE BY KARZAI TO KISS OMAR'S ASS... AND SETTLE THE AFHGANISTAN "SITUATION".... ASAP...
REMEMBER PLEASE, IT WAS GERMAN EDUCATED SAUDIS LIVING IN FLORIDA THAT ATTACKED THE US ON 911...
NOT THE SHOELESS POOR PEOPLE OF AFHGANISTAN'S REMOTE MUD HUT VILLAGES..!!
DOES IT MAKE ANY DIFFERENCE?
FUCK YES.... IT MAKES A BIG DIFFERENCE!!
IS OSAMA THERE...? WHO KNOWS...
THE MAFIA IS IN ITALY...SO, WHAT? INVADE ITALY AND "CLEAN UP" THE PLACE...?
THE MORON BUSH TOOK OSAMA'S BAIT...BECAUSE OSAMA KNEW THAT BUSH AND CHENEY WERE IDIOTS AND ASSHOLES...
BUT OBAMA WILL NOT MAKE THESE STUPID "NEOCON" MISTAKES...
SO, LET KARZAI KISS OMAR'S BUTT...AND LET'S END IT IN KABUL...NOW!
HENCE THE MOVE BY KARZAI TO KISS OMAR'S ASS... AND SETTLE THE AFHGANISTAN "SITUATION".... ASAP...
REMEMBER PLEASE, IT WAS GERMAN EDUCATED SAUDIS LIVING IN FLORIDA THAT ATTACKED THE US ON 911...
NOT THE SHOELESS POOR PEOPLE OF AFHGANISTAN'S REMOTE MUD HUT VILLAGES..!!
DOES IT MAKE ANY DIFFERENCE?
FUCK YES.... IT MAKES A BIG DIFFERENCE!!
IS OSAMA THERE...? WHO KNOWS...
THE MAFIA IS IN ITALY...SO, WHAT? INVADE ITALY AND "CLEAN UP" THE PLACE...?
THE MORON BUSH TOOK OSAMA'S BAIT...BECAUSE OSAMA KNEW THAT BUSH AND CHENEY WERE IDIOTS AND ASSHOLES...
BUT OBAMA WILL NOT MAKE THESE STUPID "NEOCON" MISTAKES...
SO, LET KARZAI KISS OMAR'S BUTT...AND LET'S END IT IN KABUL...NOW!
THIS MARKET WANTS TO SEE DOW 2,000...!
THIS FEELS LIKE A MARKET THAT HAS A LONG LONG WAY TO FALL...
GIVEN THE CREDIT CATASTROPHE...AND THE MASSIVE BUBBLE ECONOMY THAT SPAWNED IT...
THERE ARE REALLY NO STOPPING POINTS ABOVE DOW 2,000 ...WHICH IS WHERE THE INSANITY STARTED IN THE FIRST PLACE...AFTER THE 1987 CRASH... CLICK HERE FOR CHART.
THERE ARE NO HOSANNA MOMENTS OUT THERE...IT'S ONLY SHORT COVERING FOR RALLIES NOW...
RIGHT NOW...WE NEED TO FIND THOSE RESPONSIBLE... THE STREET, THE CONGRESS, INTERNATIONAL CAPITAL, THE CRANK ZIONISTS...THERE ARE PLENTY OF PEOPLE TO BLAME...
CAN THE US EVER RECOVER...?
WELL, THE QUESTION IS RECOVER FROM WHAT...? AND TO WHAT...? DO WE "BRING THE FACTORIES BACK?" DO WE MAGICALLY STOP THE LOOTING THAT STARTED 20 YEARS AGO WITH RAY-GUN-OMICS? DO WE MAKE THE STUPID AMERICAN VOTER ...SUDDENLY SMARTER AND MORE CLASS CONSCIOUS AND ECONOMICALLY AWARE...? HOW? WHAT? WHEN? ...?
THE AMERICAN ECONOMY IS JUST A DE-INDUSTRIALIZED...HOLLOWED OUT SHELL...
MASSIVELY IN DEBT...AND PRINTING MONEY LIKE GERMANY IN THE 1920S...!
HOW DO YOU "RECOVER" FROM THAT...?
THE AMERICAN ECONOMY HAS BEEN A MACRO-ECONOMIC ZOMBIE LIVING OFF OF IT'S FORMER "EXCEPTIONALISM"...SINCE BRETTON WOODS...
THIS WEEKEND THERE WAS A "NEW BRETTON WOODS"...BUT NO ONE IS SAYING MUCH ABOUT IT...WHY?
WELL, BECAUSE THE ONLY THING WE HAVE TO FEAR IS...AND A WORLD-WIDE PANIC OUT OF THE US DOLLAR...AND THE BLOATED PAPER IN THE AMERICAN BOND MARKETS
ALAS, UNLIKE IN 1932, THAT IS MUCH MORE THAN JUST FEAR ITSELF...!
GIVEN THE CREDIT CATASTROPHE...AND THE MASSIVE BUBBLE ECONOMY THAT SPAWNED IT...
THERE ARE REALLY NO STOPPING POINTS ABOVE DOW 2,000 ...WHICH IS WHERE THE INSANITY STARTED IN THE FIRST PLACE...AFTER THE 1987 CRASH... CLICK HERE FOR CHART.
THERE ARE NO HOSANNA MOMENTS OUT THERE...IT'S ONLY SHORT COVERING FOR RALLIES NOW...
RIGHT NOW...WE NEED TO FIND THOSE RESPONSIBLE... THE STREET, THE CONGRESS, INTERNATIONAL CAPITAL, THE CRANK ZIONISTS...THERE ARE PLENTY OF PEOPLE TO BLAME...
CAN THE US EVER RECOVER...?
WELL, THE QUESTION IS RECOVER FROM WHAT...? AND TO WHAT...? DO WE "BRING THE FACTORIES BACK?" DO WE MAGICALLY STOP THE LOOTING THAT STARTED 20 YEARS AGO WITH RAY-GUN-OMICS? DO WE MAKE THE STUPID AMERICAN VOTER ...SUDDENLY SMARTER AND MORE CLASS CONSCIOUS AND ECONOMICALLY AWARE...? HOW? WHAT? WHEN? ...?
THE AMERICAN ECONOMY IS JUST A DE-INDUSTRIALIZED...HOLLOWED OUT SHELL...
MASSIVELY IN DEBT...AND PRINTING MONEY LIKE GERMANY IN THE 1920S...!
HOW DO YOU "RECOVER" FROM THAT...?
THE AMERICAN ECONOMY HAS BEEN A MACRO-ECONOMIC ZOMBIE LIVING OFF OF IT'S FORMER "EXCEPTIONALISM"...SINCE BRETTON WOODS...
THIS WEEKEND THERE WAS A "NEW BRETTON WOODS"...BUT NO ONE IS SAYING MUCH ABOUT IT...WHY?
WELL, BECAUSE THE ONLY THING WE HAVE TO FEAR IS...AND A WORLD-WIDE PANIC OUT OF THE US DOLLAR...AND THE BLOATED PAPER IN THE AMERICAN BOND MARKETS
ALAS, UNLIKE IN 1932, THAT IS MUCH MORE THAN JUST FEAR ITSELF...!
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