HAS FOX NEWS DEGENERATED INTO "SEDITION TV..."

AS REPUBLICANS BECOME MORE AND MORE PATHETIC... FOX NEWS IS BECOMING MORE AND MORE SHRILL...

AND POTENTIALLY DANGEROUS...

EVERYONE SHOULD MONITOR FOX NETWORK FOR SEDITIOUS SPEECH...AND REPORT IT TO THE PROPER AUTHORITIES...

RUSH LIMBAUGH DESTROYS REPUBLICAN PARTY!!

RUSH LIMBAUGH'S SPEECH WAS SO PATHETIC TODAY...

HE HAS DELIVERED THE COUPE D' GRACE TO THE REPUBLICAN PARTY....IN WAYS THAT PROGRESSIVES COULD NEVER DO...

FOX NEWS WILL RIGHTLY BURY THIS SAD RUSH BLATHER...ASAP.

BUT MSNBC WILL BE PLAYING IT 24/7...!

THIS WAS RUSH'S GIFT TO MSNBC...TO OBAMA...TO DEMOCRATS...

BON APPETITE ....TO ALL THE MSNBC PROGRESSIVES.....!!

ENJOY! KEITH AND RACHAEL...CHRISTMAS CAME EARLY FOR YOU THIS YEAR...!

MANY DEMOCRATS MUST HAVE BEEN LAUGHING SO HARD THEY PEE'D THEIR PANTS...!

MORE RUSH! MORE RUSH! MORE RUSH!....

I CAN HEAR THE CHANTING IN THE WHITE HOUSE EVEN NOW...!!

BUT ON ANOTHER LEVEL.... IT WAS REALLY SAD TO WATCH RUSH SELF DESTRUCT ON NATIONAL TV TODAY...

BUFFETT SEES MORE GLOOM FROM WALL STREET LOOTING...

BUFFETT LETTER DOWN BEAT...

RUSH LIMBAUGH NEEDS HELP....

BEFORE HEARING RUSH TODAY...I THOUGHT HE WAS JUST HATEFUL...

BUT NOW I THINK HE IS REALLY VERY VERY SICK...

RUSH SHOULD BE GIVEN MEDICAL TREATMENT...

RUSH SHOULD BE TAKEN OFF THE STREET FOR HIS OWN GOOD...BY THE PROPER AUTHORITIES....

SOMETIMES MENTAL ILLNESS CRIES OUT FOR AN INTERVENTION...

THAT IS NOW THE CASE WITH RUSH...

RUSH IS VERY VERY SICK...AND SADLY HE COULD BE INSPIRING AN EVEN SICKER PERSON LISTENING TO HIM INTO CRIMINAL ACTION.

RUSH LIMBAUGH: OUR NEW WILLIAM JENNINGS BRYAN!!

RUSH'S IGNORANT BRAND OF SO CALLED CONSERVATIVISM WAS EXPOSED TODAY FOR ALL TO SEE...

HOW PITIFUL...THIS MAN IS TRULY A VERY SAD CASE...

WHAT A FAKE...AND THEY PAY HIM FOR THAT BULLSHIT...?

RUSH IS LIKE SITTING ON A BAR STOOL WITH A REALLY IGNORANT DRUNK AND LISTENING TO THEM BABBLE ON AND ON AND ON...

YOU JUST NOD YOUR HEAD...AND TRY TO GET AWAY AS SOON AS POSSIBLE...

RUSH IS FINISHED AS OF TODAY...HE IS NOT A TV PERSONALITY...WHEN YOU SEE THE TWISTED PERSON THAT IS TALKING... RUSH'S BLATHER BECOMES VERY UNBELEIVABLE AND HATEFUL...

RUSH HAS BEEN EXPOSED...!

AND RIGHT NOW THE BEST ANTI-RUSH PROGRAM IS TO GIVE RUSH A PRIME TIME TV SHOW ON FOX...

THE DEMOCRATIC PARTY SHOULD SPONSER A FOX NEWS PRIME TIME SHOW FOR RUSH...!

MSNBC SHOULD PLAY THIS RUSH SPEECH OVER AND OVR FOR 24 HOURS...TO EXPOSE HIM FOR THE FAKE THAT HE REALLY IS!!

RUSH LIMBAUGH NOT READY FOR PRIME TIME...

RUSH LIMBAUGH FLOPPED MISERABLY ON FOX NEWS COVERAGE OF THE CRACKPOT C-PAC CONVENTION TODAY....

RUSH CLEARLY IS NOT READY FOR PRIME TIME TV... HE MAY BE OK FOR "DRIVE TIME" AM RADIO WHERE THE STANDARDS ARE MUCH LOWER....AND HIS PORCINE PRESENCE NEED NOT BE OBSERVED.

LIMBAUGH'S SPEECH TODAY WAS PITIFUL...SAD REALLY.

ONE THING ABOUT THE C-PAC BRAND OF CONSERVATISM IS THAT WHEN YOU GET BEHIND THE SELF RIGHTEOUS CHANTING..."USA USA USA" AND THE HIGH FIVES...THERE IS REALLY NO INTELLECTUAL CONTENT...

TO REALLY GOVERN...TO REALLY MAKE POLICY...YOU HAVE TO HAVE MORE THAN HIGH FIVES AND RHYTHMIC CHANTING...AND SELF-RIGHTEOUS BULLSHIT.

THE UTTER LACK OF INTELLECTUAL CONTENT...IS TRULY AMAZING

SOME CONSERVATIVES LONG FOR A "MIDDLE BROW" CONSERVATIVISM...THAT IS LESS "BUBBA STUPID"...AND LESS APPEALING TO THE TOTALLY IGNORANT...

BUT THEY DID NOT GET THAT TODAY FROM LIMBAUGH...

RUSH LIMBAUGH WAS COMPLETELY PATHETIC TODAY AT C-PAC...

I DON'T LISTEN TO LIMBAUGH ON THE RADIO...AND NOW I REMEMBER WHY...!

I DO WATCH FOX NETWORK...BECAUSE ITS MORE AVAILABLE...

BUT FOX NEWS IS LIKE A POST-GRAD SEMINAR AT HARVARD COMPARED TO LIMBAUGH'S BULLSHIT ON STEROIDS...TODAY

LIMBAUGH IS TO POLITICS...WHAT WORLD WRESTLING FEDERATION IS TO REAL SPORT...A FAKE A FRAUD...A JOKE REALLY TO ANYONE WITH AN INTELLECTUAL LEVEL ABOVE THAT OF A 10 YEAR OLD...

LIMBAUGH IS BULLSHIT TO THE CORE...!

THE FBI ...AND OBAMA'S HOMELAND SECURITY PEOPLE.... SHOULD GET THE NAMES OF THESE CPAC PEOPLE AND KEEP AN EYE ON THEM IN THE NEAR FUTURE... I HAVE A BAD FEELING ABOUT THESE PEOPLE...

WHILE LIMBAUGH WAS PITIFUL TODAY....

HE WAS SURELY A JOYFUL NOISE TO ALL DEMOCRATS WATCHING...

I SUSPECT THE HARD CORE CONSERVATIVES AND THIS C-PAC TYPE OF CRACKPOT COULD BE DANGEROUS TO AMERICA IN THE FUTURE...

THESE PEOPLE ARE A CLEAR AND PRESENT DANGER TO EVERYONE WHO IS TRYING TO CORRECT THE CURRENT PROBLEMS...AND TO AMERICA AND AMERICANS.

I WOULD URGE EVERYONE TO REPORT ALL CRACKPOT CONSERVATIVE PLOTS TO THE FBI OR HOMELAND SECURITY IMMEDIATELY...

KRUGMAN ON NEW PROGRESSIVE ECONOMY.

AMERICAN ELITES ROOTING FOR FAILURE...

THE ELITES IN AMERICA ARE SO HELL BENT ON SEEING OBAMA FAIL...THAT THEY ARE TALKING DOWN THE ECONOMY AND THE MARKETS EVERYDAY...

THIS IS NEW... THE ELITES ARE ACTUALLY TALKING DOWN "THEIR BOOK!...."

OK LET STOCKS PLUNGE...LET THE DOLLAR COLLAPSE...THE ONLY PEOPLE WHO HAVE STOCKS AND DOLLARS ARE THE ELITES...

AND THEY ARE DETERMINED TO SEE THE AMERICAN ECONOMY CRASH...!!

LETS DRIVE THE DOW DOWN TO 3000 THAT WOULD BE FUN...

AND LETS PUT THE ESTATE TAX UP TO 60%.... THE RICH ARE TALKING THEMSELVES INTO THE POOR HOUSE ANYWAY...!

OF COURSE THE REPUBLICANS AND THE ELITES ARE DESPERATELY TRYING TO KEEP THEIR "STUPIDS" IN FLY OVER COUNTRY FROM SUPPORTING THE OBAMA AGENDA OF FAIRNESS AND SHARED PROSPERITY...

BUT THE FOX NEWS PROGRAMING HAS BEEN SO SHRILL LATELY THAT EVEN A BUBBA STUPID COULD SEE THROUGH IT...

AND YOU HAVE TO WONDER HOW STUPID THESE BUBBA REPUBLICANS ARE... A LOT OF THE EARMARKS AND SPENDING PLANS ARE GOING FOR PARKS, AND HUNTING AND WILDERNESS PROJECTS THAT THESE FLY OVER FOLKS USE EVERYDAY...

AND HOW FAR CAN THE ELITES GO WITH "ENTITLEMENT" BASHING...AND TRYING TO SCARE PEOPLE WHO HAVE NO HEALTH INSURANCE...WITH THE EVILS OF "SOCIALIZED MEDICINE"...?

WELL THE C-PAC BRAIN TRUST IS MEETING THIS WEEK...WITH HEAVY WEIGHT THINKERS AND EXPERTS LIKE JOE THE PLUMBER, SARAH PALIN, AND OTHER 40 WATT BULBS TO LIGHT THEIR WAY...

SEPERATELY...WHEN IS OBAMA GOING TO ORDER ROVE "CUFFED AND STUFFED...?"

COLD CUP OF STARBUCKS...? WASH YOUR FACE WITH IT!

EAT THE RICH!...NO WAIT TAX THE RICH!

THE LOOTERS HAVE TO GIVE BACK...

OBAMA IS UNWINDING 20 YEARS OF REPUBLICAN LOOTING WHICH HAS PUT MOST OF THE MONEY IN THE HANDS OF A FEW...

TAXING THE RICH IS AS OBVIOUS AS WHY PEOPLE ROB BANKS...

YOU GO WHERE THE MONEY IS...!

OBAMA COBRA PLAN IS BULLSHIT...

OK... AN UNEMPLOYED PERSON CAN NOT AFFORD THE $1200++ PER MONTH TO BUY "COBRA" HEALTH CARE INSURANCE...

BUT CAN THEY REALLY AFFORD $600 PER MONTH.... AS OBAMA CATERS TO BIG PHARMA...AND THE CORRUPT MEDICAL INSURANCE COMPANIES...?

I DOUBT IT...!

VERY FEW UNEMPLOYED WILL BE ABLE TO AFFORD THE REDUCED COBRA PREMIUM...

OBAMA'S GRADUALISM IN HEALTH CARE REFORM WILL DOOM HIS ENTIRE PRESIDENCY TO SURE FAILURE...

THERE IS A TIME TO MOVE...AND A TIME FOR GRADUALISM...

THE SYSTEM IS IN ABSOLUTE FREE FALL NOW...WHAT PART OF THAT DOES OBAMA NOT "GET"...?

THE BEST APPROACH FOR THE YOUNG...AND THOSE WITH LITTLE NET WORTH...IS TO GET BELOW THE MEDICAID ASSET CUT OFF QUALIFICATIONS

...AND GO ON MEDICAID FORTHWITH...

LIKE MANY OF THE WALMART WORKERS DO...

VISTA KILLING PC SALES...? BLUE RAY QUEERS DVD BUYING?

IN THE ELECTRONICS AREA THE GLOOM IS OBVIOUS...

BUT THERE ARE ACTUALLY A FEW SPECIAL SITUATIONS GOING ON AT BEST BUY...

MANY PEOPLE HATE VISTA...AND THEY ARE KEEPING THERE OLD COMPUTERS LONGER...

REMEMBER MEMORY IS NOT EXPENSIVE ANYMORE...MOST PEOPLE HAVE ALL THEY NEED... SO YOU DON'T BUY A NEW COMPUTER FOR MEMORY OR SPEED ANYMORE... FURTHER PROOF IS THAT MANY COMPUTERS ARE SOLD WITH AN "XP DOWNGRADE" FOR PEOPLE WHO SIMPLY DON'T LIKE VISTA...!!

ALSO...THE BLUE RAY HI-DEF REVOLUTION IS TAKING DOWN THE REGULAR DEF DVD SALES...

NO ONE WHATS TO BUY THE EXPENSIVE NEW STUFF...BUT THEY DON'T WANT TO THROW NEW MONEY INTO THE OLD STUFF...

IS THAT CLEAR...? MAYBE NOT...BUT JUST THINK ABOUT IT AS IF YOU WERE A BUYER AT BEST BUY... WE ARE AT AN INFLECTION POINT IN HOW MEDIA IS DELIVERED AT HOME...

BLUE RAY IS THE NEW (HIGH COST) STANDARD...THAT EVERYONE WANTS, BUT MAYBE CAN'T AFFORD OR JUSTIFY YET...

AND WHAT ABOUT ALL THOSE OLDER DVDS...(AND DARE I MENTION VHS TAPES)...SITTING IN THE CLOSETS...OR ON THE BOOKSHELVES...?

TODAY'S RALLY COULD BE PLUNGE PROTECTION...

THE TOTAL DOOM ON WALL STREET EVERYTIME OBAMA SPEAKS SEEMS TO HAVE INSPIRED A LITTLE "PLUNGE PROTECTION" TODAY....

ESPECIALLY, AS THE NEW OBAMA BUDGET IS BEING REVEALED TODAY...

WHAT BETTER TIME FOR A LITTLE PLUNGE PROTECTION...

THIS COULD BE A GEITHNER RALLY...IN HOPES OF SLAMMING THE WALL STREET SHORTS...WHO ARE TAKING THEIR QUES FROM THE LIKES OF SANTELLI, KUDLOW AND CRAMER...

A RALLY ON MASSIVELY BAD NEWS...HAS GOT TO HAVE THE US TREASURY BEHIND IT...

BUT HOW FAKE IT WILL SEEM...!!

MY HUNCH IS THAT THE DOW IS UP 300 OR MORE POINTS TODAY...

OF COURSE THE SHORTS WILL HELP PLUNGE PROTECTION LATER IN THE DAY.

DATA IN ABSOLUTE FREE FALL...I

IT'S REALLY USELESS TO REHASH THE DAILY DATA POINTS...NOW.

EVERYTHING IS IN TOTAL...EXISTENTIAL...FREE FALL....

THE SYSTEM IS REALLY DEAD...THE ECONOMY IS A ZOMBIE.... IT'S JUST THE NERVES TWITCHING...

DOW 3000 WILL BE THE BOTTOM...

OBAMA SIMPLY MUST CREATE THE AMERICAN ECONOMY FROM SCRATCH...

ALMOST NOTHING CAN BE SAVED FROM THE OLD SYSTEM...EXPCEPT PERHAPS SOME OF THE PHYSICAL PLANT...

BUT THE OLD FINANCIAL SYSTEM IS FINISHED...

IT'S ON THE SCRAPE HEAP OF HISTORY...NOW

THIS IS ANOTHER GREAT DEPRESSION... FORGET THE 80'S...THAT WAS TOTALLY DIFFERENT...INTEREST RATES WERE 20% ...NOT ZERO...

IF GREENSPAN HAD USED THE 80'S SYTLE THINKING...THIS CRASH COULD HAVE BEEN AVERTED...BUT IT WOULD HAVE REQUIRED THE ELITES TO THINK RATIONALLY...AND THAT WAS PROBABLY TOO MUCH TO ASK...

SO LET IT RIP...ITS OVER...

THIS IS LIKE RUSSIA IN 1917... WE ARE STARTING A NEW SYSTEM DE NOVO...

HOW LONG IT TAKES FOR OBAMA TO REALIZE THE DIRE SITUATION IS THE ONLY VARIABLE...

THE FACT THAT HE HAS MOVED QUICKLY TO THE HEALTH CARE DEBACLE IS A GOOD SIGN THAT HE IS STARTING TO SLOWLY SEE THE TRUE NATURE OF THE PROBLEM.

OBAMA MUST GO LEFT...OR FAIL

ALMOST NOTHING CAN BE SAVED FROM THE "OLD SYSTEM"...

EVERYONE KNOWS THAT THE BANKS ARE BANKRUPT...THEY WERE LEVERAGED 30 TIMES...ON THE BUBBLE VALUE OF ASSETS THAT ARE NOW NEARLY WORTHLESS...

LETS JUST SAY THEY ARE BANKRUPT TIMES THIRTY!!

OBAMA HAS THE OPPORTUNITY TO ESTABLISH A "NEW SYSTEM" FROM SCRATCH...

THE OPPORTUNITY WILL NOT LAST LONG...

OBAMA SHOULD TELL THE PUBLIC STRAIGHTAWAY...THAT THE SYSTEM CAN NOT BE SAVED.

AND THAT SOMETHING NEW AND MORE SUSTAINABLE IS COMING...

THE OLD SYSTEM COULD HAVE BEEN SAVED IF POLICIES HAD BEEN FOLLOWED AS OUTLINED ON THIS PAGE...OVER THE MANY YEARS OF ASSET BUBBLES...

BUT IT'S TOO LATE NOW...

AS WAS EXPECTED THE OLD SYSTEM...DROVE ON UNTIL IT HIT THE WALL...A TOTAL SMASH UP!

OBAMA NEEDS TO BRING THE US ECONOMY INTO A SUSTAINABLE MACROECONOMIC STATE...

ESSENTIALLY...OBAMA SHOULD CONSIDER ALL THINGS ABOUT THE US ECONOMY..."AS IF" IT WERE THE ECONOMY OF AN EASTERN EUROPEAN NATION...LIKE UKRAINE...

WHY?

AMERICAN EXCEPTIONALISM IS OVER... AND THE ONLY HOPE FOR OBAMA IS TO CONSIDER AMERICAN EXCEPTIONALISM AS AN OBSOLETE DOCTRINE...

A RELIC OF BRETTON WOODS... AND THE PAST CENTURY... AN HISTORIC ANOMALY THAT WAS NICE WHILE IT LASTED ...BUT IT'S OVER NOW...

ADVICE TO REPUBLICANS...

SHUT

THE

FUCK

UP!


YOU HAD YOUR CHANCE AND YOU BLEW IT... IF THE PROGRESSIVE AGENDA FAILS...YOU WILL HAVE YOUR CHANCE TO CONVINCE THE PUBLIC TO REVERT TO YOUR FAILED POLICIES IN THE NEXT ELECTION....

MADE YOUR POINT...THEN JUST SHUT UP...

OBAMA HEALTH CARE: FEED THE BEAST or SINGLE PAYER NOW?

IF OBAMA THINKS HE CAN REFORM PRIVATE HEALTH CARE HE IS TOTALLY WRONG...

THE SYSTEM IN HEALTH CARE IS AS CORRUPT AS THE BANKS AND STOCK MARKETS... ESSENTIALLY THEY CAN NOT BE SAVED...

THE SOONER HEALTH CARE IS CONSOLIDATED AS A SINGLE PAYER SYSTEM...THE SOONER THE AMERICAN ECONOMY CAN TRANSEND THE REPUBLICAN/GREENSPAN BUBBLE ECONOMY...

AND IT'S TOXIC CONSEQUENCES...

THE WAR BUDGETS NEED TO BE MASSIVELY CUT...AND THE MILITARY INDUSTRIAL COMPLEX DISMANTLED...IN JUST THE WAY THAT OTHER US INDUSTRIES WERE DISMANTLED DURING THE RAY-GUN-OMICS OF THE REPUBLICANS...

HOWEVER... OBAMA NEEDS TO ACT FAST...

THE PUBLIC AND THE WORLD WILL NOT TOLERATE MUCH DELAY...

AND NO...I DON'T THINK THE PUBLIC WILL MOVE BACK TO REPUBLICAN ECONOMIC BULLSHIT...

RATHER SOMETHING MORE RADICAL WILL KICK IN... PERHAPS A RIGHT WING FASCISM...A LA...AM HATE RADIO AND THE JESUS FREAKS...

OR PERHAPS AN ULTRA LEFT REVERSION TO SOCIALISM OR COMMUNISM...

IMPOSSIBLE...? WELL REMEMBER WE HAVE NOT "DONE" A TOTAL COLLAPSE YET...

YET...! YET...!

SINGLE PAYER HEALTH CARE COMING SOON!!

I THINK OBAMA'S SUDDEN CONVERSION TO TACKLING UNIVERSAL HEALTH CARE AFTER BARELY MENTIONING IT DURING THE ELECTION IS HIS CONVERSION TO REALITY BASED ECONOMICS...

THE NOTION THAT YOU CAN GOOSE THE ECONOMY WITH PORK AND GOVERNMENT CHECKS IS JUST NONSENSE...

THE STRUCTURAL PROBLEM OF AN UNCOMPETITIVE HEALTH CARE SYSTEM...WHICH BY THE WAY IS THE REAL REASON DETROIT CAR COMPANIES CAN'T COMPETE...IS NOW APPARENT...

OBAMA WILL HAVE TO GO AFTER FREE TRADE AT SOME POINT... TO CUT THE TRADE DEFICIT WHICH IS KILLING THE US ECONOMY SLOWLY...

BUT HE IS GOING TO NEED TO HAVE THE US ECONOMY "SHOVEL READY" ... FOR THE RETURN OF FACTORY JOBS TO AMERICA ....SO THAT AMERICANS CAN COMPETE GLOBALLY...AND THAT MEANS A GLOBAL QUALITY UNIVERSAL HEALTH CARE PLAN...

OBAMA SEEMS TO REALIZE THAT YOU SIMPLY CAN'T TREAT THE SYMPTOMS IN THIS ECONOMY...LIKE THE "WEAK CONSUMER"....

OBAMA HAS TO GO AFTER THE REAL CAUSES AND THE UNDERLYING DISEASE...WHICH IS A US ECONOMY THAT IS STRUCTURALLY A BASKET CASE...AFTER TWENTY YEARS OF RAY-GUN-OMICS!

AND YES...THE "ZOMBIE BANKS" ARE JUST A CARRYOVER FROM THE OLD DAZE OF ASSET BUBBLES... SO "CURING" THEM WON'T DO MUCH EITHER...UNLESS THE UNDERLYING "BUBBLE" DISEASES ARE TREATED FIRST...

BECAUSE RENEWED MANUFACTURING PRODUCTION...AND NOT MORE ASSET BUBBLES...IS THE ONLY WAY OUT FOR THE US ECONOMY...

OR, IS SUCCESS FOR THE FAILED BANKING SYSTEM REALLY JUST MAKING THEM "ASSET BUBBLE" READY AGAIN...?

I DON'T THINK SO...

TOUTS TALK DOWN STOCKS...! GOOD LUCK!

TOUT TV HAS BECOME CRASH VISION...

THE TOUTS ARE TALKING DOWN STOCKS EVERY TIME OBAMA SPEAKS...OR WHENEVER ANY NEWS COMES OUT OF WASHINGTON...

PRESUMABLY THIS IS TO "PUNISH" THE DEMOCRATS FOR NOT GIVING WALL STREET EVERYTHING IT WANTS ....AS HAS HAPPEN FOR THE LAST DECADE OR SO IN WASHINGTON...BOO HOO!!

BUT THIS IS GREAT...! OBAMA SHOULD BE ENCOURAGING THE TV TOUTS TO TALK DOWN STOCKS...

BECAUSE SOONER OR LATER THERE WILL BE REAL BARGAINS FOR REAL INVESTORS...

WE AIN'T THERE YET... MAYBE AROUND DOW 3000 OR 4000...

WE ARE SLOWLY DE-BUBBLIZING THE US ECONOMY....IT COULD TAKE A WHILE

AND THE CLASSIC RETURN OF REALISTIC NON-BUBBLE PRICING AND YIELD BASED INVESTING IS LONG OVERDUE...

MAYBE SOON INVESTMENTS WILL ACTUALLY HAVE AN OLD FASHION RETURN OR YIELD...

AND NOT SIMPLY BE LOTTERY TICKETS FOR THE NEXT BIG WALL STREET/FED SPONSERED ASSET BUBBLE ....AS HAPPEN SO MANY TIMES DURING THE TOXIC GREENSPAN YEARS...

SO KEEP ON TALKING RICK SANTELLI, KUDLOW AND CRAMER...!!

YOU'RE MAKING BARGAINS FOR INVESTORS EVERY TIME YOU BASH OBAMA...AND TALK DOWN THE ECONOMY AND STOCK PRICES...

THE RETURN OF OLD FASHION YIELD BASED ASSET PRICING IS LONG OVERDUE...

KEEP ON TALKIN...!!

OBAMA WILL CUT COLD WAR SPENDING...TO PAY FOR HEALTH CARE

SLASHING THE SENSELESS COLD WAR SPENDING ....AND THE MASSIVE AND WASTEFUL PENTAGON BUDGET WILL PAY FOR A LOT OF NEEDED REFORM...

WALL STREET WANTS DETAILS ....

HOW ABOUT THIS FOR DETAILS...

SOME OF YOU ARE GOING TO JAIL ...FOR LOOTING YOUR COMPANIES AND THE NATIONAL ECONOMY...

AND YOUR TAXES ARE GOING UP...

IS THAT ENOUGH DETAIL FOR YOU...?

DE-BUBBLEIZATION OF THE ECONOMY....HURRAY FOR DOW 3000!

HURRAY FOR DOW 3000!!

CLEARLY WHAT'S HAPPENING IS THE AMERICAN ECONOMY IS "DE-BUBBLEIZING"....

FOR AT LEAST TEN YEARS THE US ECONOMY HAS FORGONE PRODUCTION FOR THE "MIRACLE OF ASSET BUBBLES"....

THIS WAS ALL WELL AND GOOD WHILE IT LASTED BUT IT WAS NOT SUSTAINABLE...

SOONER OR LATER THE BANKS AND OR THE CURRENCY WILL COLLAPSE...AS HAS NOW HAPPENED.

THIS RESULT IS SIMPLY TRUE BY DEFINITION...IT IS NOT DEBATABLE...

THIS IS ONE REASON THAT THE AMERICAN ECONOMY HAS BEEN OPERATING OUTSIDE OF THE LAWS OF MACROECONOMICS FOR SO LONG...

ODDLY, BY RETURNING TO A MORE NORMALIZED VALUATION LEVEL ON ASSETS...THE REAL ECONOMY WILL BENEFIT...AND SOME DEGREE OF SUSTAINABILITY WILL RETURN...

WITHOUT BUBBLES TO RELY ON...THE AMERICAN ECONOMY WILL BE FORCED TO RATIONALIZE EVERYTHING...

HEALTH CARE, WAGES, PRODUCTION, DEFICITS....EVERYTHING WILL BE SEEN THROUGH A NEW PRISM....

THE BUBBLE PRISM PROVIDED A TOXIC VIEW OF THE WORLD AND THE US ECONOMY... A LOT OF TALK ABOUT 'MIRACLES' OCCURRED IN THE LATE 90'S UNDER THE RULE OF INCOMPETENTS LIKE GREENSPAN...AND THE TOUTS ON TOUT TV...

SO REJOICE AT THE RETURN OF DOW 3000!

IT'S A GOOD THING....

LET'S REBUILD A RATIONAL ECONOMY...A SUSTAINABLE ECONOMY...A FAIR ECONOMY...

THE BUBBLES AND THE BULLSHIT ARE OVER...

GET USED TO IT...

DOW FUTURES CRASH ON HEARING OBAMA SPEECH!!

TOUT TV IS PREDICTING A CRASH TOMORROW BASED ON THE OBAMA SPEECH WHICH WILL BACK MORE TAXES ON THE FILTHY RICH...

JINDAL SAYS MORE REPUBLICAN BULLSHIT IS THE ONLY CURE FOR ECONOMY

BUT IS THE ERA OF REPUBLICAN BULLSHIT OVER...?

REPUBLICANS TRASH OBAMA SPEECH...ONLY ANOTHER TERROR ATTACK CAN SAVE THEM NOW...

THE REPUBLICAN DEVILS IN CONGRESS BOOED AND CAT-CALLED THE OBAMA SPEECH...

THEY APPEAR TO BE HOPING FOR ANOTHER TERROR ATTACK TO JUSTIFY THEIR ANTI-AMERICAN "SATANIC" AGENDA...

TOUT TV HAS SOLD STOCKS EN MASSE...AND ARE PREDICTING A MARKET CRASH TOMORROW...!!

FOX NEWS TRASHED OBAMA FROM THE START...AND SPEWED PURE EVIL INTO THE EARS OF THEIR UNSTABLE VIEWERS...

NEVER HAVE THE REPUBLICAN DEVILS BEEN MORE NEGATIVE THAN THEY WERE TONIGHT...

TRULY AMAZING...!

BERNANKE OFFERS MORE GLOOM TO WALL STREET.

SHORTS COVER ON THE NEWS...

SHORTS COVER MASSIVELY OVER SOLD MARKET...

NICE OPPORTUNITY TO BUY GOLD COMING UP...

BASICALLY NOTHING WILL CHANGE WITH THE CONSUMER...

WHY? BECAUSE THE SECURITIZATION OF CREDIT CARD DEBT...IS EXTINCT...AND IT AIN'T COMIN' BACK SOON...

WITHOUT THE "NON-BANK" CREDIT...NOTHING CAN BE DONE TO BOOST CONSUMPTION...

CHANCES ARE THE "STIM" WILL FAIL...JUST LIKE THE LAST ONE...

MY ADVICE TO OBAMA IS MOVE TO THE STRUCTURAL PROBLEMS LIKE UNIVERSAL HEALTH CARE...AND A REAL RE-INDUSTRIALIZATION POLICY TO CUT THE TRADE DEFICITS...

NOTE WELL FOR ALL THE SCREAMING...NOT ONE PERSON HAS SERIOUSLY DISCUSSED THE TRADE DEFICIT...THE TRADE DEFICIT IS THE ELEPHANT HIDING BEHIND THE DRAPES IN THE OBAMA WHITE HOUSE...

NO...WE JUST CAN'T PRETEND ANYMORE...

CLASS WARFARE BULLSHIT...

WHY IS IT THAT WHENEVER THE RICH ARE CRITICIZED...IT'S CALLED "CLASS WARFARE..." AND WE ARE SUPPOSED TO REJECT IT STRAIGHTAWAY...

BUT WHEN THE WORKING CLASS IS BASHED ON TOUT TV AND ELSEWHERE IN THE ELITE CONTROLLED MEDIA......

IT'S "FREE ENTERPRISE" AND "CAPITALISM" AT IT'S BEST...?

AFTER ALL, "FLEXIBILITY" IS GOOD FOR THE WORKING SLOBS...!

IT KEEPS THEM WORKING HARDER, FOR LESS...

THERE IS THIS NOTION THAT THE "HOLY" RICH..."CREATE JOBS"....

BUT WHAT HAPPENS WHEN THE RICH HAVE LOOTED TO ECONOMY TO THE BONE...AS IS HAPPENING NOW...AND THERE ARE NO MORE 'WORKING CLASS' CUSTOMERS ABLE TO BUY THE THINGS THE RICH MAKE...

EVERY PRODUCT NEEDS A PRODUCER AND A CONSUMER...

SOME KIND OF BALANCE IS NEEDED TO: "MAKE A MARKET..."

OTHERWISE YOU HAVE A COLLAPSE...AS WE NOW SADLY ARE FINDING OUT.

WALL STREET WANTS MORE HAPPY TALK IN WASHINGTON...

WELL HOW ABOUT WE ARE GOING TO PUT THE GREEDY LOOTERS ON WALL STREET IN JAIL...

AND DO SINGLE PAYER HEALTH CARE...RIGHT NOW...

AND MEANS TEST SOCIAL SECURITY...

AND RAISE THE TAX RATE ON PEOPLE MAKING OVER 1 MILLION PER YEAR TO 50%...!

BECAUSE ANYONE EARNING A MILLION A YEAR IS "GAMING THE SYSTEM" SOMEHOW...AND THEY NEED TO SUPPORT THE SYSTEM THAT THEY ARE GAMING SO WELL..!

AND START AN INDUSTRIAL POLICY THAT BRINGS MANUFACTURING BACK TO AMERICA...

AND FINALLY, WE DON'T REALLY GIVE A SHIT WHAT CHINA THINKS ABOUT IT!!

NOW THAT'S THE KIND OF HAPPY TALK I COULD BUY INTO...!!

SOMEHOW I SUSPECT THE STREET ONLY WANTS MORE AND BETTER BULLSHIT ...

BUT SORRY THE BULLSHIT DAZE IS OVER...!!

EASTERN EUROPE'S COLLAPSE IS LIKE THE 1930's...

COMMUNISM REDUX...?

A LOT OF PEOPLE IN EASTERN EUROPE AND THE FORMER USSR ARE GOING TO HAVE THEIR MEMORIES REFRESHED ABOUT WHY THEY DECIDED TO TAKE A CHANCE ON COMMUNISM...AND SOCIALISM BACK IN THE 20TH CENTURY...

IN MANY WAYS THIS ENTIRE COLLAPSE HAS HAD A BACK TO THE FUTURE QUALITY ABOUT IT.

SINGLE PAYER HEALTH CARE!! IF NOT NOW ...WHEN?

WITH THE BANKS AND INSURANCE COMPANIES BANKRUPT...LOOTED TO THE BONE BY WALL STREET GREED...

THE BIGGEST BARRIERS TO SINGLE PAYER HEALTH CARE HAVE NOW BEEN REMOVED...

OBAMA SIMPLY MUST MAKE THE US ECONOMY COMPETITIVE WITH THE REST OF THE WORLD ON HEALTH CARE COSTS...

MOST OF THE WORLD HAS UNIVERSAL HEALTH CARE...AND NO ONE SPENDS MORE THAN THE US... EVEN THOUGH THE OUTCOMES IN THE US ARE FAR BELOW THE RESULTS IN OTHER COUNTRIES WHERE HEALTH CARE IS CHEAPER AND MORE READILY AVAILABLE TO EVERYONE...

AT THIS POINT IN THE COLLAPSE OF THE US ECONOMY...THE KEY STRUCTURAL PROBLEMS SIMPLY MUST BE ADDRESSED...IF NOT NOW...WHEN?

NEVER MIND THAT HEALTH CARE ...WAR SPENDING...AND WALL STREET LOOTING ARE REALLY BEHIND THE COLLAPSE...

SETTING UP A VIABLE AND SUSTAINABLE STRUCTURE FOR THE "NEW ECONOMY" TO GROW IN...IS ESSENTIAL...

WITHOUT HEALTH CARE AMERICANS WILL NEVER BE ABLE TO COMPETE WITH GLOBAL WORKERFORCES...WHERE THE GOVERNMENTS SUBSIDIZE THEIR INDUSTRIES WITH UNIVERSAL HEALTH CARE...AND OTHER "SOCIAL SAFETY NET" BENEFITS THAT AMERICANS DO WITHOUT...OR TRY TO GET FROM EMPLOYERS...

THIS NOTION THAT WE NEED A "UNIQUELY AMERICAN" HEALTH CARE PLAN IS A BUNCH OF BULLSHIT...

THERE IS NOTHING UNIQUE ABOUT THE AMERICAN PUBLIC...EXPECT PERHAPS THEIR EXTREME STUPIDITY...

AND A NEAR TOTAL IGNORANCE ABOUT HISTORY, THE ECONOMY AND THE ROLE OF GOVERNMENT IN PROTECTING THE ECONOMY AND THE PUBLIC...FROM THE LOOTERS ON WALL STREET.

SO LETS CUT THE BULLSHIT THIS TIME...OK..... JUST DO IT!

SINGLE PAYER HEALTH CARE NOW...!!

PERHAPS SOME MEASURE COULD BE ADAPTED TO LET THE RICH OPT INTO PRIVATE PLANS...BUT A MANDATORY "CANADIAN STYLE" PLAN WOULD BE THE WAY TO PROVIDE HEALTH CARE TO THE VAST MAJORITY OF PEOPLE WHO ARE UNINSURED OR UNDER INSURED BECAUSE OF FAILING COMPANIES...AND INSURANCE COMPANY GOUGING THROUGH ABSURDLY HIGH INSURANCE PREMIUMS...

SOMEDAY SOON DOW 6000 WILL SEEM RIDICULOUSLY HIGH!

HAS ANYONE NOTICED THAT DOW 6000 IS ABSURDLY HIGH .

NOT THAT LONG AGO WE ARE VERY HAPPY WITH A DOW BETWEEN 2000 AND 4000... AND BEFORE THAT MUCH MUCH LOWER FOR DECADES...

IF YOU ASK ME I'D SAY THE TROUBLE REALLY STARTED WHEN THE DOW CROSSED 1000... THEN THE GREED KICKED IN...

BY 1982 AND RAY-GUN-OMICS...THIS BUBBLE PERIOD WAS BAKED IN THE CAKE...

WELL THAT'S OVER NOW... TIME TO GO BACK TO NORMAL... DOW SAY...3000 OR 4000 TOPS...

TOUT TV HELLBENT TO CRASH MARKETS...

WITH THE LIKES OF SANTELLI, KUDLOW AND CRAMER...BITCHING ABOUT OBAMA 24.7...IT'S NO WONDER THE MARKETS ARE CRASHING EVERYDAY...

TOUT TV HAS BECOME CRASH-VISION... DEPRESSION CENTRAL...BITCH BITCH BITCH....24.7

AND DON'T FORGET FOX NEWS...STILL TELLING THE STUPIDS THAT WE ARE GOING TO HELL IN A HAND BASKET... WELL WHAT THE FUCK... LET IT RIP...

WHEN WILL THERE BE A BOTTOM...? WHEN STOCKS ARE TRULY CHEAP...AND THAT COULD BE AROUND...

SAY...

DOW 3000.... MAYBE A LITTLE UNDER...

WE WILL CONTINUE DOWN UNTIL STOCKS BECOME TRULY CHEAP...WAY BELOW BOOK VAULE...JUST LIKE IN THE EARLY 80'S WHEN THE GREEN MAILERS BOUGHT THE COMPANIES AND SOLD OFF THE FURNITURE AND FURNISHINGS FOR A PROFIT... GOODWILL WAS TOSSED IN AS A BONUS...

KNOW THIS...WE ARE TAKING ALL OF THE 1990'S GAINS BACK... THIS MARKET IS GOING BACK TO THE FUTURE BEFORE THE GREENSPAN BUBBLE DAZE GOT STARTED...

SEE CHART...

THIS CHART CLEARLY SHOWS WHERE WE ARE GOING... WHERE WE MUST GO TO GIVE BACK THE GREENSPAN BUBBLE YEARS...STARTING AROUND 1990...

THAT WOULD BE BETWEEN DOW 3000 AND DOW 4000...

ARE YOU SHOCKED...?

WELL REMEMBER, WE ARE ALREADY BLOWING KISSES AT A DOW IN THE 6000'S...!!

DOW 4000 IS NOT THAT FAR OFF...

AMERICAN CRACKPOT RIGHT DOCUMENTARY ON HBO

THIS HBO DOCUMENTARY MOVIE ON THE SICK AND UNBALANCED AMERICAN RIGHT WING IS A MUST WATCH FOR EVERYONE WHO IS CONCERNED ABOUT THE FUTURE OF AMERICA!

THE RIGHT WING IN AMERICA IS MENTALLY UNSTABLE, AND POTENTIALLY VIOLENT... THEY MUST BE WATCHED...CAREFULLY.

I HAVE A HUNCH THAT THEY ARE UP TO SOMETHING...BECAUSE STUPID PEOPLE WITH GUNS IS NEVER A GOOD SIGN...AND THEY ALL HAVE GUNS!

THEY ARE SICK MINDS INFECTED WITH IGNORANCE TO A HIGH DEGREE...THEY ARE CONFUSED AND FRUSTRATED...

BUT, SADLY, TOO IGNORANT TO SEE THE REAL SOURCES OF THEIR PROBLEM...WHICH IS WALL STREET, REPUBLICANS AND INTERNATIONAL CAPITAL LOOTING THE AMERICAN ECONOMY...

STUPIDITY IS THE GLUE THAT HOLDS THE AMERICAN CRACKPOT RIGHT TOGETHER...IT IS THE COMMON DENOMINATOR OF THE ENTIRE "BUBBA REPUBLICAN" PHENOMENON.

AND NO. THERE ARE NOT MANY PEOPLE IN THIS PITIFUL GROUP WITH MASTERS DEGREES... EXCEPT FOR THE FEW IN THE CORPORATE AND RELIGIOUS ELITE WHO ARE EXPLOITING THE IGNORANCE OF THESE SAD AND PITIFUL PEOPLE TO ENRICH THEMSELVES OR THEIR CORPORATE CLIENTS...

THESE RIGHT WING SICKOS...WILL BECOME CRIMINALS IN MY OPINION...ESPECIALLY WITH THE LIKES OF RUSH...AND FOX NEWS CONSTANTLY PREACHING THEIR GOSPEL OF HATE AND REVENGE TO THESE VERY VERY UNSTABLE PEOPLE...

POSTSCRIPT: AND YOU KNOW THE RECORD OF THIS SITE ON BEING ACCURATE IN THE LONG TERM...

OBAMA ADOPTS ZIONIST VIEW OF MUSLIMS...KILL MORE OF THEM!

THE NOTION THAT IF THE WEST CAN KILL ENOUGH MUSLIMS .... PEACE WILL BE ACHIEVED HAS BEEN ADOPTED BY OBAMA...IN HIS WAR ON PAKISTAN AND AFGHANISTAN...

THIS IS RIGHT OUT OF THE ZIONIST/LIKUD PLAYBOOK...

ULTIMATELY THE RESULT OF BUSH'S WAR WILL BE OBAMA'S VIETNAM... IN AFGHANISTAN ...BUT MAINLY IN PAKISTAN... OBAMA WILL DE-STABILIZE PAKISTAN IN THE SAME WAY THAT BUSH DE-STABILIZED IRAQ...TO THE ADVANTAGE OF IRAN...

IN EVERY WAY IT SEEMS...WASHINGTON IS DOING THE BIDDING OF OSAMA AND HIS MUSLIM JIHADIS... FIRST WITH BUSH...AND NOW OBAMA!

THE US HAS ALL BUT INVADED PAKISTAN NOW...AND THE ESCALATION IS JUST STARTING...

SEPERATELY IT APPEARS THAT EGYPT IS DESTABILIZING...WHICH COULD BE THE REAL CONSEQUENCES OF THE RECENT MASSACRE IN GAZA BY ISRAEL...WHICH HAS IT'S FIRST FASCIST GOVERNMENT RUN BY A RUSSIAN RACIST AND THE CRACKPOT RIGHT WING OF THE POLITICAL SPECTRUM IN ISRAEL.

HURRAY FOR BOLLYWOOD...!!

HAVE AMERICANS FORGOT HOW TO MAKE MOVIES NOW TOO...

MARDI GRAS WEB CAM...

I HATE TO MISS BACCHUS TONIGHT...BUT IT CAN'T BE HELPED... BACCHUS IS THE BEST PARADE DOWNTOWN AND THE MOST POPULAR...

ZULU IS GREAT TOO ON MARDI GRAS MORNING....IF YOUR NOT TO COLD, HUNGOVER AND NAUSEOUS TO WATCH...

BUT THE SUNDAY AND MONDAY NIGHT PARADES ARE BETTER...MORE MYSTICAL AND MYSTERIOUS...

IT LOOKS A BIT COOL IN NEW ORLEANS TONIGHT... MARDI GRAS CAN BE COLD OR WARM...IT DEPENDS...

COMUS DOESN'T PARADE ANYMORE...AND REX IS TOO LATE...PEOPLE ARE SORT OF WRAPPING UP BY THE TIME REX HITS CANAL STREET...LATE TUESDAY...

AND OF COURSE THE "MEETING OF REX AND COMUS" AT MIDNIGHT ON TUESDAY...OFFICIALLY ENDS MARDI GRAS...AND ALLOWS NEW ORLEANS TO GO BACK TO WHAT PASSES FOR NORMAL THESE DAZE...

BUT REMEMBER ON THE VERY STROKE OF MIDNIGHT ON TUESDAY NIGHT...IT'S OVER! SORRY THE POLICE AND THE STREET SWEEPERS WILL PUSH YOU OUT OF THE QUARTER RIGHT AT MIDNIGHT TUESDAY NIGHT/WESNESDAY MORNING...

IS TWITTER THE NEW YOU TUBE...?

YEAH....WELL, WHATEVER...

BOTH ARE MOSTLY USELESS...

AT LEAST WITH YOU TUBE YOU CAN GET A SHORT VIDEO...WHICH MAY OR MAY NOT MAKE ANY SENSE...

WITH TWITTER...? WHATEVER...

I SIMPLY WILL NOT BE TWITTERING ANYTIME SOON...

WHAT'S THE POINT...? IS IT FOR PEOPLE WHO CAN'T COMMUNICATE IN COMPLETE SENTENCES...?

OR WHO SIMPLY HAVE NOTHING TO SAY BUT DAMN WELL WANT TO KEEP SAYING IT...?

THERE SEEMS TO BE A LOT OF THAT GOING AROUND...NOWADAZE.

THE NOTION THAT POLITICIANS ARE USING TWITTER TO GET OUT THEIR "SOUND BITES"...IN THE FORM OF SHORT TEXT MESSAGES...SEEMS UNNECESSARY...AND COUNTERPRODUCTIVE...

AND PERHAPS ANNOYING...?

AND BLOG MIGHT BE IN ORDER...

BUT A TWEET FROM A TWIT...? FORGET ABOUT IT...

HILLARY 'S TIN CUP DIPLOMACY...!

REALLY SAD TO SEE...

SANTELLI AND CNBC START CLASS WAR...

THE NOTION OF BAILING OUT THE WALL STREET ELITES IS HARDLY EVER CRITICIZED ON TOUT TV...

BUT THE IDEA OF "YOUR NEIGHBOR" BEING ASSISTED IN BANKRUPTCY WITH HIS MORTGAGE IS CONSIDERED AN OUTRAGE...

NEVERMIND THAT BANKRUPTCY HAS BEEN AVAILABLE FOR YEARS TO YOU OR YOUR NEIGHBOR AS A MATTER OF LAW...

AND THAT BANKRUPTCY IS "UNFAIR" TO THOSE WHO DON'T GO BANKRUPT AND HAVE TO PAY THEIR BILLS WHILE THE BANKRUPT IS FREED OF HIS OBLIGATIONS...

I SERIOUSLY DOUBT THAT WE WILL SEE SOLVENT PEOPLE LINING UP TO "TAKE ADVANTAGE OF BANKRUPTCY" WHERE THEY DON'T NEED IT...

BECAUSE THE STIGMA OF A BANKRUPTCY ON CREDIT RATINGS IS WELL KNOWN...

SO THIS SANTELLI-CNBC HYPOCRISY ABOUT THE HOME BAILOUT IS AMAZING...SINCE THEY SUPPORTED THE BAILOUT OF THE INVESTMENT BANKS AND OTHERS "TO SAVE THE SYSTEM"....!

APPARENTLY THE AMERICAN PEOPLE ARE NOT PART OF "THE SYSTEM"....AND SHOULD NOT BE ALLOWED TO BENEFIT FROM IT...

REPUBLICANS ENABLE KIDS WHO KILL...

THE GUN NUTS OFTEN PAY A PRICE FOR THEIR IGNORANCE AND HYPOCRISY...BUT HYPOCRISY IS THE SINE QUO NON OF POLITICS AND RELIGION NOWADAYS...

BUT, IN THIS BAD ECONOMY,

EMOTIONS ARE RUNNING HIGH... IN LOW PLACES...

I'D EXPECT TO SEE MORE "TRAGIC KILLINGS" IN THESE RURAL GUN NUT COMMUNITIES...

MAYBE THE GUN NUTS SHOULD LOOK TO JESUS FOR ADVICE...

AND ASK:

WHAT WOULD JESUS DO...?

SOMEHOW I DON'T THINK JESUS WOULD START PACKING A GUN!!

FOX NEWS "ROOTING FOR FAILURE" ...NOW RESORTING TO FLUFF

THE FOX NEWS "FAILURE CAMPAIGN" ABOUT OBAMA IS A BIT TOO NEGATIVE FOR A LOT OF ORDINARY FOX VIEWERS WHO ARE SUFFERING MIGHTILY UNDER THIS REPUBLICAN LOOTED US ECONOMY...

AS A RESULT FOX IS RESORTING MORE TO FLUFF NEWS... PROBLEM PREGNANCIES... STRANGE KILLINGS... HEALTH AND BEAUTY ADVISE... THE USUAL BULLSHIT THAT THE NETWORKS HAVE ON THEIR "AM NEWS"...

THE LEVEL OF HATE AND FEAR THAT THE RIGHT WING MEDIA HAS GENERATED IN THE FEW DAYS OF THE OBAMA ADMINISTRATION SIMPLY CAN NOT BE MAINTAINED WITHOUT LAPSING INTO A SEDITIOUS AGENDA... MANY OF THE IGNORANT AND UNSTABLE VIEWERS OF RUSH AND FOX COULD START ACTING OUT IF FOX NEWS CONTINUES WITH THEIR HATE AGENDA...

FOX HAS NO CHOICE BUT TO "FLUFF IT UP"...

THE ELITES WHO OWN FOX NETWORK ....AND THE OTHER ELITES SIMPLY WILL NOT CONDONE A "CIVIL UNREST" AGENDA WHICH COULD RESULT FROM MORE OF THE SAME HATE AND FEARMONGERING ON THE RIGHT WING MEDIA....

IF YOU WANT REAL NEWS GO TO CNN OR MSNBC...

AND FORGET FOX FOR THE DURATION!

WILL OBAMA BREAK WITH NEW ISRAELI FACIST GOVERNMENT...?

WILL ZIONIST FASISTS RUN AMUCK...?

INSTEAD OF HILLARY STANDING IN FRONT OF THE CHINESE WITH HER TIN CUP HANGING OUT...

OBAMA SHOULD SENT HILLARY TO ISRAEL TO TALK SOME SENSE INTO THESE ZIONIST NUT CASES...BEFORE THEY DO SOMETHING REALLY STUPID...

SECRETARY OF STATE CLINTON BEGS CHINA FOR MONEY...!!

THE NOTION THAT FOREIGN AFFAIRS HAS BEEN REDUCED TO SENDING THE SECRETARY OF STATE TO CHINA TO BEG FOR MONEY IS A SAD DAY FOR AMERICA... I CALL THIS "TIN CUP DIPLOMACY!"

I JOIN WITH FOX NEWS AND THE REPUBLICANS IN "HOPING" THIS OBAMA PORKULUS PACKAGE FAILS...

ONLY A FULL CRISIS WILL AWAKEN THE AMERICAN PEOPLE TO THE LOOTING THAT HAS BEEN DONE TO THEIR ECONOMY OVER THE LAST 20 YEARS...

ESSENTIALLY THE OBAMA SPENDING PROGRAM WILL ONLY INCREASE THE TRADE DEFICIT WITH CHINA...

AND AMAZINGLY WE HAVE NOW DEFINED THAT AS "SUCCESS"...

THE AMERICAN ECONOMY IS A ZOMBIE... ITS BROKE, BANKRUPT...DECAYED FROM THE CORE OUT....

THE ONLY CURE FOR THE RANTS OF A ZOMBIE ARE A STAKE THROUGH THE HEART...SO IN THAT SENSE THE REPUBLICANS AND FOX NEWS NETWORK ARE TRULY DOING THE RIGHT THING...

I WOULD ADVISE OBAMA TO START TELLING THE GRIM TRUTH TO THE AMERICAN PEOPLE...

TELL THE PEOPLE WHO LOOTED THE ECONOMY...AND THE CONSEQUENCES OF AMERICAN PUBLIC APATHY FOR SO MANY YEARS...

AMERICA A NATION OF ECONOMIC COWARDS...!

AMERICA'S COWARDICE IS IN THE ECONOMIC NOT RACIAL AREA...

AMERICANS SIMPLY REFUSE TO DISCUSS THEIR TRADE DEFICIT...THE BUGET DEFICITS....AND THE TOXIC DE INDUSTRIALIZATION OF THE US ECONOMY...

THIS NEED TO IGNORE THE OBVIOUS IS THE REAL CAUSE OF THE CURRENT UNSOLVABLE PROBLEMS IN THE US AND GLOBAL ECONOMY...

WHEN WILL AMERICANS WAKE UP TO THE ECONOMIC DISASTER THAT IS LOOMING...?

PROBABLY...AS A PRACTICAL MATTER...AFTER GAS HITS $4 AGAIN...

THIS WILLINGNESS TO TO LEAD DOWN THE GARDEN PATH...IS THE REAL COWARDICE OF AMERICANS...

AMERICANS ARE JUST TERMINALLY NAIVE.... THEY SIMPLY DO NOT SEE THE ECONOMIC DISASTER THAT IS LOOMING FOR THEM...IN JUST A FEW MONTHS...

IS THAT COWARDICE...OR JUST STUPIDITY...?

FOX NEWS: BORING, BANAL...IN SHORT PURE EVIL!

THE 24/7 NEGATIVITY OF FOX NEWS IS DULL...

ULTIMATELY I WOULD EXPECT FOX NETWORK TO START LOSING VIEWERS...EVEN THEIR STUPID ONES....WHICH IS MOST OF THEM.

PEOPLE JUST DON'T WANT TO LISTEN TO 24/7 COMPLAINING....NIT PICKING...AND NEGATIVITY...

ULTIMATELY...IT JUST BECOMES PURE EVIL...DEMONIC REALLY...IT ONLY APPEALS TO THE SERIOUSLY UNSTABLE...

THE CONSEQUENCES OF FOX NETWORKS' "EVIL" COULD BE VERY UNFORTUNATE... THEY ARE ENFLAMING PEOPLE WHO LACK THE INTELLIGENCE TO "KNOW BETTER"....

FOX IS NOT NEWS...IT IS 24/7 SICK PROPAGANDA....

OBAMA ATTACKS PAKISTAN...

OBAMA WILL BE OPENING THE ULTIMATE CAN OF WORMS AS HE ESCALATES THE WAR IN PAKISTAN...

IF THE PAKISTANI GOVERNMENT FALLS TO THE JIHADI...OBAMA WILL HAVE TO DRAFT ONE MILLION TROOPS TO GO IN AND OCCUPY PAKISTAN...

THERE WILL BE NO CHOICE... THIS WILL NO LONGER BE AN OPTIONAL WAR...UNFORTUNATELY I THINK THE TRAIN HAS LEFT THE STATION...

AND A MAJOR OBAMA WAR IN PAKISTAN IS NOW INEVITABLE...

THE RIGHT WING ZIONISTS WILL ONLY MAKE MATTERS WORSE WITH THE ARAB WORLD.... AND THINGS WILL QUICKLY GET BEYOND OBAMA'S ABILITY TO CONTROL...

OBAMA WILL TELL US THAT THE US BANKING SYSTEM IS BANKRUPT

THE TV TOUTS LIKE SANTELLI, KUDLOW AND CRAMER...ALL WANT OBAMA TO "DO SOMETHING" ABOUT THE BANKS...

WELL MY HUNCH IS THAT NEXT WEEK THEY WILL GET THEIR WISH...

OBAMA WILL HAVE NO CHOICE BUT TO TELL THE AMERICAN PUBLIC THAT THEIR BANKING SYSTEM HAS BEEN LOOTED BY WALL STREET...AND IS NOW INSOLVENT...AND BANKRUPT FOR ALL PRACTICAL PURPOSES...

THE NOTION THAT PEOPLE LIKE GREENSPAN ARE TELLING PEOPLE THAT THE BANKS WILL BE NATIONALIZED IS PROOF ENOUGH THAT IT'S OVER FOR THE US BANKING SYSTEM... GREENSPAN KNOWS WHAT HE DID TO THE BANKS...AND THAT THEY ARE NO LONGER VIABLE...

I FEAR THAT THE TOUTS ARE GOING TO GET THEIR "ACTION" NEXT WEEK...ON THE BANKS...

AND THE DOW COULD BE SITTING WITH A 6000 HANDLE BY NEXT FRIDAY...

THE GOLD MOVE ABOVE $1000...AND HOLDING ALL DAY...WAS SURPIRSING...

BUT THIS SHOWS JUST HOW PANICKED PEOPLE ARE... IN THE OLD DAZE THE NERVOUS NELLIE GOLD BUGS WOULD HAVE SOLD AND RAN...

BUT TODAY...THE LINE OUTSIDE THE GOLD MARKET WAS AROUND THE BLOCK...

WHY? PROBABLY BECAUSE BOFA AND CITI WILL BE GOVERNMENT BANKS BY THE END OF NEXT WEEK...

BE CAREFUL WHAT YOU ASK FOR...YOU MIGHT GET IT...

RICK SANTELLI IS AN IDIOT...

THE NOTION THAT THE TV TOUTS ARE RUNNING THE ECONOMY HAS TO BE STOPPED...

OBAMA AND CO HAVE BEEN HANDED A GLOBAL DEPRESSION UNLIKE ANYTHING SEEN IN THE LAST 100 YEARS...

THOSE WHO EXPECT INSTANT GRATIFICATION...AND EVER HIGHER ASSET PRICES WITHOUT END...ARE NOT HELPING THE SITUATION...

THEY ARE RAISING EXPECTATIONS AND CONCERNS IN THE PUBLIC MIND THAT ARE BEYOND THE CAPACITY OF THE GOVERNMENT TO SATISFY...

THE TV TOUTS LIKE SANTELLI, KUDLOW AND CRAMER...ARE MORE THE CAUSE OF THE PROBLEMS THAN THEY ARE THE SOLUTIONS...

KRUGMAN SEES GLOOM AND DOOM...

GOLD DOLLAR CONFUSION EXPLAINED...

OK... YOU'RE CONFUSED ABOUT THE RECENT MARKET ACTION...

PRINT THE BELOW OUT...IN LARGE TYPE AND FRAME IT BEHIND YOUR DESK FOR EVERYONE TO SEE:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

ASSET PRICES------------ARE VIRTUAL DOLLARS.

CASH IN THE BANK...........ARE REAL DOLLARS.

GOLD INVESTMENTS ......ARE HYPER-REAL DOLLARS


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

GOT IT NOW....? THINK ABOUT IT....

IN TIMES OF TROUBLE YOU DON'T WANT TO HOLD "VIRTUAL" DOLLARS OR VIRTUAL ANYTHING... YOU WANT REAL STUFF ....AND "REAL" DOLLARS...LIKE CASH IN THE BANK...

AND BEST OF ALL...IF THE SHIT REALLY HITS THE FAN...YOU WANT "HYPER-REAL" DOLLARS...LIKE GOLD WHICH IS THE BASIS FOR ALL MONEY HISTORICALLY... OF PERHAPS SLIVER...OIL AND ANYTHING "HARD"... REMEMBER DURING THE WIEMAR GERMANY HYPER-INFLATION OF THE 1920'S... CANNED HAMS AND SMOKED SAUSAGES WERE USED AS "MONEY!

VIRTUAL ....REAL...HYPER REAL...EXPLAINS IT ALL!

ONLY YIELD CAN SAVE ASSET PRICES....!

EMBROIDER THAN ON A SAMPLER AND HANG IT ON THE WALL BEHIND YOUR DESK...

AND YOU CAN JUST QUIT READING THE PAPERS AND WATCHING THE TV TOUTS...!

DO YOU REALIZE HOW ODD AND OUT OF WHACK THE NOTION OF ASSETS WITHOUT YIELD IS...?

IT'S REALLY A PRODUCT OF THE GREENSPAN ASSET BUBBLE YEARS...

ALAS...NOW ENDED HORRIBLY...

TIME TO GO BACK TO BASICS...

BURSTING OF GLOBAL DOLLAR BUBBLE EXPLAINS IT ALL...

THERE IS MASSIVE CONFUSION NOW ABOUT WHAT'S REALLY HAPPENING...

THERE ARE HUGE CONTRADICTIONS IN PRICES OF ASSETS... GOLD AT RECORD HIGHS...OIL PLUNGING TO RECENT RECORD LOWS...

THE DOLLAR HIGH...EVEN AS THE PRINTING PRESSES ARE ROLLING...

FOREIGN CENTRAL BANKS...IN TURMOIL...HOLDING DOLLARS, US BONDS ...AND VERY LITTLE GOLD...

WHAT'S UP...

IF YOU VIEW THE WORLD ECONOMY THROUGH THE LENS OF A BURSTING OF THE MASSIVE BRETTON WOODS DOLLAR BUBBLE ... THAT STARTED WITH KEYNES IN 1945...

AND CONTINUED UPTO THE TOXIC GREENSPAN ASSET BUBBLES OF THE 1990'S...?

A LOT OF THIS CHAOS BECOMES VERY CLEAR...!

WHAT GREENSPAN WAS DOING WAS ACTING AS THE GLOBAL CENTRAL BANKER...NOT JUST THE AMERICAN CENTRAL BANKER...

THEREIN LAY THE PROBLEMS...

GREENSPAN WAS PRINTING MONEY NOT ONLY FOR AMERICAS...BUT FOR THE RUSSIAN MAN ON THE STREET...WHO 'SECRETLY' HOLDS ALL HIS CASH IN DOLLARS HIDDEN IN HIS APARTMENT...

THE DOLLAR WAS OVERVALUED BY KEYNES...WHO THOUGHT THAT AMERICANS WHERE A RACE OF SUPERMEN IN 1945...NOT UNLIKE THE CHINESE SEEM TODAY...

KEYNES EXPECTED THAT AMERICANS WOULD NEVER DEBASE THEIR CURRENCY...HE CALLED THE DOLLAR THE WORLDS "SCARCE CURRENCY"... AND UP UNTIL GREENSPAN IT WAS!!

NOW THAT KEYNESIAN "SCARCE DOLLAR" NOTION WAS SERIOUSLY QUESTIONED IN 1971 ...

WHEN THE DOLLAR SUDDENLY "WENT OFF GOLD" TO PAY FOR THE VIETNAM WAR AND THE GREAT SOCIETY...

SLOWLY... ALL HELL BROKE LOOSE!! ...ALBEIT WITH A DELAYED REACTION, UNTIL THE MID 70'S...AND THE RISE OF THE INFAMOUS 70'S OIL SHOCK...

WHICH, BY THE WAY, WAS NOT CAUSED BY NASTY ARABS BUT RATHER BY THE "1971 EVENT"....

OF COURSE...THAT CRISIS TOOK US TO THE EARLY 80'S...AND THE "VOLCKER CURE"...WITH 20% PRIME RATES...AND 16% BANK CDS!! WHO WOULD BUY STOCKS THEN!!

THEN CAME REGANOMICS...

AND IT'S LOGICAL INCARNATION IN ALAN GREENSPAN WHO STARTED PRINTING MONEY FOR THE GLOBAL ECONOMY...USING FREE TRADE AND GLOBALISM AS AN EXCUSE TO DE-INDUSTRIALIZE THE AMERICAN ECONOMY...DEFEAT THE UNIONS...AND CUT WAGE INFLATION OUT OF THE PICTURE...

THUS OPENING THE WAY FOR THE MASSIVE ASSET INFLATION AND DOLLAR BUBBLE WE ARE UNWINDING TODAY...

SO...LOOK AT THIS AS AN UNWINDING OF THE DOLLAR BUBBLE... ALAS, IN REAL TIME...SO THE REALITY IS OFTEN FOGGED OVER BY THE DAY TO DAY EVENTS...

THE AMERICA ECONOMY SIMPLY IS NOT WHAT IT ONCE WAS...IN THE DAYS OF BRETTON WOODS... KEYNES WOULD BE SHOCKED BUT NOT SURPRISED AS HISTORY OF FULL OF THESE KIND OF "IMPERIAL DECLINES"....AND DEBAUCHMENTS OF CURRENCY...

WHAT ARE THE REAL FUTURE IMPLICATIONS OF THE DECLINE OF THE DOLLAR BUBBLE...AND WHAT WILL THE BRAVE NEW "POST-DOLLLAR" WORLD LOOK LIKE...

STAY TUNED...

TO BE CONTINUED....

DOW IN 6000'S BY APRIL FOOL'S DAY...?

THE DECLINES SEEM UNSTOPPABLE...FOR THE DOW AND STOCKS IN GENERAL...

WHAT COULD STOP THE PLUNGE...

DIVIDENDS...!

COMPANIES HAVE BEEN PAYING YIELD ONLY TO BOND HOLDERS...

THE STOCK HOLDERS WERE SUPPOSED TO BE "HAPPY WITH" A MERE LOTTERY TICKET ON MORE ASSET INFLATION....

BUT THIS IS NOT THE WAY IT "USED TO BE" IN THE OLD DAYS...

ONLY RECENTLY HAVE CORPORATIONS CONSIDERED DIVIDENDS TO BE "OPTIONAL" OR UNNECESSARY FOR "RISK LOVING" STOCK HOLDERS...

CORPORATIONS MOSTLY PREFER "STOCK BUYBACKS" WHICH GOOSE THE CEO'S OPTIONS...BY MAKING THEIR STOCK LESS WATERED DOWN... WATER DOWN OF COURSE BY THE MASSIVE ISSUANCE OF CEO OPTIONS...!

RIGHT NOW THERE IS NOTHING TO STOP COMPANIES FROM PAYING A DECENT DIVIDEND TO SHAREHOLDERS...

AND TRUST ME...ANY STOCK THAT PAYS A DECENT DIVIDEND WOULD BE SELLING AT MUCH MORE STABLE PRICES THAN CURRENTLY PREVAIL...

AFTER ALL WHAT IS THE "TRUE VALUE" OF A MERE LOTTERY TICKET...ON THE NEXT ASSET BUBBLE...?

WELL...ZILCH....!!

NO WONDER STOCKS ARE STILL FALLING...AND EVERYONE IS RUSHING TO CORPORATE DEBT...

YIELD BABY, YIELD...!

THE "CURE" FOR WALL STREET MORE THAN ANYTHING THE FED CAN PRINT...OR CONGRESS CAN PASS...IS DIVIDENDS!

THIS NOTION THAT ANY ASSET CLASS...ANY ASSET!...CAN HAVE A "VALUE" WITHOUT A RETURN ON THAT INVESTMENT...IE. A "YIELD" IS JUST NUTS...!

SO NOW DOW 6000 NOW SEEMS INEVITABLE...

NOTE ALSO THAT THE GOLD BUGS SEEM TO HAVE A FEAR OF CROSSING $1000... OK...CIRCLE THE WAGONS...AND BUY OIL INSTEAD FOR A WHILE...

THAT'S WHAT HAPPEN TODAY...

MY HUNCH IS THAT GOLD $1000 IS JUST TO SYMBOLIC FOR MANY PEOPLE... GOLD $1000 COULD BE HELD OFF UNTIL LATER THIS YEAR...PERHAPS IN THE FALL...WHEN THE SHIT WILL REALLY HIT THE FAN...

AFTER THE "STIM" IS SPENT.... APOCALYPSE WOW...!!

RELIGIOUS CRANK MEETS JESUS IN CHURCH...

RELIGION IS CLEARLY A FORM OF MENTAL ILLNESS...

SADLY MANY UNSTABLE PEOPLE STILL NEED THESE "IRON AGE" MYTHS...

OR THEY THINK THEY DO...

MY HUNCH IS THAT TRULY RELIGIOUS PEOPLE WOULD BE MUCH BETTER OFF...IF THEY WERE "DETOXED" BY PSYCHOLOGY PROFESSIONALS...

GOLD WILL HIT $1000 TOMORROW....?

GOLD AT $1000 SEEMS A GIVEN...

BUT I WOULD EXPECT A LOT OF SELLING AT THAT LEVEL...IT'S LIKELY BAKED IN THE CAKE ....

GOLD IS STILL A GOOD INVESTMENT TO PROTECT AGAINST THE MONEY PRINTING THAT IS GOING ON...

BUT I WOULD EXPECT TO SEE A MOVE TO OIL AND OTHER HARD COMMODITIES...VERY SOON...

IF GOLD SELLS OFF AT $1000...I'D EXPECT A BIG UP MOVE IN OIL...AND INFLATION HAWKS ROTATE INTO OTHER HARD ASSET CLASSES...

POOR STATE REPUBLICAN GOVERNORS ABANDON CITIZENS FOR DOGMA!!

I WOULD HOPE THAT THE REPUBLICAN GOVERNORS OF THESE PISS POOR "BUBBA" REPUBLICAN STATES CONTINUE TO REFUSE THE OBAMA RECOVERY MONEY...

THIS WILL EXPOSE THESE REPUBLICANS FOR THE CRANKS AND CRACKPOTS THAT THEY TRULY ARE...

MANY VOTERS IN TEXAS, MISSISSIPPI AND ALASKA ARE POOR, RELIGIOUS AND STUPID...THAT'S WHY THEY REPEATEDLY VOTE REPUBLICAN...AND ACT AS ENABLERS FOR THE WALL STREET LOOTERS AND THE ELITES WHO CONTROL THE RIGHT WING MEDIA...

I SAY LET THESE "POOR REPUBLICAN" STARVE IN THE BUBBA REPUBLICAN STATES...

LET'S HOPE THESE REPUBLICAN GOVERNORS STICK TO THEIR BLIND DOGMA...AND DRIVE THEIR STATES INTO THE GROUND...ALONG WITH THE MORONS WHO VOTED FOR THEM...

YAHOO SEES DEPRESSION...

OBAMA CONTINUES POINTLESS WAR IN AFGHANISTAN

SINCE OSAMA IS LONG GONE...AND THE PAKI BACKED TALIBAN ARE NOW BASED IN AND FIGHTING IN PAKISTAN...

AND THE US PUPPET IN KABUL IS STILL IN HIS BUNKER...WHEN HE IS NOT SHOPPING IN NYC...

WHAT IS OBAMA DOING IN AFGHANISTAN...?

THERE SEEMS TO BE NO GOAL...NO PLAN...JUST MORE WAR...BECAUSE... WELL BECAUSE IT'S THERE...

AND AMERICANS LIKE TO KILL MUSLIMS NO MATTER WHO THEY ARE...

POOR, SHOELESS, LIVING IN REMOTE MUD HUTS...THEY ARE SITTING DUCKS FOR AMERICAN BOMBERS AND ATTACK HELICOPTERS... SO LETS JUST KILL THEM FOR THE HELL OF IT...

AFGHANISTAN HAS BEEN THE GRAVE YARD OF EMPIRES FROM ALEXANDER TO THE USSR...

THERE IS NOTHING THERE TO FIGHT FOR...SO LETS JUST KEEP FIGHTING...

HOUSING BAILOUT WILL ENCOURAGE MORE NON-PAYMENT.

IT NOW APPEARS THAT THOSE WHO DON'T PAY THEIR MORTGAGE WILL BE GIVEN FEDERAL BENEFITS...IE WELFARE...AT TAXPAYER EXPENSE....

BUT THOSE SUCKERS WHO DO PAY THEIR MORTGAGE WILL JUST HAVE TO TOUGH IT OUT...

DURING THE WELFARE SCHEMES IN THE 1970'S...WE LEARNED...THAT IF YOU PAY PEOPLE NOT TO WORK...?

A LOT OF PEOPLE WILL SIMPLY NOT WORK...

THIS MORTGAGE BAILOUT IS A VARIATION ON THAT IDEA...

IF YOU PAY PEOPLE TO "GET BEHIND" ON THEIR MORTGAGE PAYMENTS...

A LOT OF PEOPLE WILL EVENTUALLY GET BEHIND ON THEIR MORTGAGES...

THE ONLY QUESTION IS WILL A LARGE NUMBER OF PEOPLE JUST QUIT PAYING AS SOON AS "THE PROGRAM" IS ANNOUNCED...?

I SUSPECT THAT MANY WILL SEE THE "BENEFITS" AND DO JUST THAT...

IN FACT I WOULD EXPECT FOX NEWS AND THE REPUBLICANS TO HAVE DETAILED DISCUSSIONS ON HOW TO SCAM THE GOVERNMENT BY DEFAULTING ON YOUR MORTGAGE.

GOVERNMENT "WELFARE PROGRAMS" FOR CORPORATIONS .... OR INDIVIDUALS AWAYS PRODUCES UNINTENDED CONSEQUENCES...

HOUSING DECLINES MUST BE STOPPED...? BUT WHY...?

LET IT SELL DOWN...!

THERE IS A BOTTOM...

IT'S JUST NOT THE BOTTOM THE BANKS AND THE MORTGAGE SUCKERS WANT...

TRUST ME...THERE IS A BOTTOM...

TRUE, IT MIGHT BE REPLACEMENT COST...OR EVEN LOWER...

BUT THERE IS A BOTTOM...

PERHAPS, TOO "DISTRESSED" TO SAVE THE BANKS AND THE MORTGAGORS...
BUT HEY, THAT'S THE WAY MARKETS WORK...

THIS NOTION OF WASHINGTON "PUTTING A BOTTOM" UNDER HOUSE PRICES IS PURE NONSENSE....

HAS ANYONE NOTICED THIS...?

WHEN WILL STOCKS BE "CHEAP?"

AT THE END OF THE 1970'S BEAR MARKET...STOCKS WERE LITERALLY SELLING FOR LESS THAN THE BREAKUP VALUE OF THE COMPANY...

REMEMBER THE GREENMAILERS IN THE EARLY 80'S...?"

THEY TREATENED TO BUY A COMPANY AND SELL OFF THE PARTS...THE BITS AND PIECES...

AND JUST FIRE THE BOARD AND KICK OUT THE CEO STRAIGHTAWAY!?

THAT IS REALLY WHAT IS NEEDED NOW...BUT WE AIN'T THERE YET...

FORGET ENTERPRISE VALUE...AND "GOOD WILL"...IT'S ALL NONSENSE NOW...

A DIVIDEND CAN SAVE A COMPANY.... JUST PAY A NICE SAFE 5% OR 6% DIVIDEND...PEOPLE WILL BUY THE STOCK THEN...

WHY PAY A YIELD ONLY TO BOND HOLDERS...? THAT WAS NOT THE WAY IT WAS DONE HISTORICALLY...

STOCKHOLDERS USED TO DEMAND A DIVIDEND TOO IN THE OLD DAYS...

WITHOUT A DIVIDEND ....WHAT GOOD IS A STOCK...? APPRECIATION...? YEAH RIGHT...? FORGET THAT BULLSHIT... THAT'S OVER...IT'S SOooo '90'S...!

THIS IS NOT ROCKET SCIENCE...

STOCKS TODAY ARE A LOTTERY TICKET ON THE NEXT FED BUBBLE...WHICH PROBABALY AINT GONNA HAPPEN!

SO STOCK PRICES WILL FALL UNTIL THEY ARE TRULY CHEAP...ULTRA CHEAP...AND THAT IS PROBABLY BELOW THE BREAKUP VALUE OF THE COMPANY...

WE HAVE DEFLATIONARY EXPECTATIONS TO WORK WITH NOW...SO WE WILL OVER SHOOT...

I SUSPECT THAT DOW 4000 OR 5000 WILL BE NEEDED EVEN TO START INVESTORS THINKING ABOUT STOCKS AGAIN...

SO, THE SOONER THE DOW SELLS DOWN BELOW BOOK VALUE...THE SOONER THIS DEPRESSION WILL BE OVER...

THE MICROMANAGEMENT OF MARKETS BY THE FED AND WASHINGTON...IS ONLY DELAYING THE INEVITABLE...

WHATS THE CURE...?

CHEAP ASSETS... CHEAP STOCKS... CHEAP HOUSING...

NOT CHEAPER... I MEAN REALLY CHEAP...BELOW REPLACEMENT COST...

SADLY THAT IS WHERE WE HAVE TO GO...

BELOW BOOK...REAL BOOK...NOT BULLSHIT BOOK...

BELOW REPLACEMENT COST...WAY BELOW...

TO THE LEVEL WERE ASSETS ACTUALLY HAVE "YIELD"...

HOW CAN YOU SAY A HOUSE IS "WORTH"MORE THAN IT'S RENTAL INCOME...REDUCED TO PRESENT VALUE...

YOU CAN'T... THAT'S REALLY IT IN A NUTSHELL...

THERE WILL BE A "WARREN BUFFETT MOMENT" COMING...BUT IT MAY BE YEARS AWAY...

PERHAPS AROUND DOW 3500 TO 4500...NOT BEFORE...

IT'S COMING...SAVE YOUR CASH FOR WHEN THINGS ARE REALLY CHEAP...NOT JUST CHEAPER...

DOW FLAT LINING AT 7600

CLEARLY WE ARE GOING INTO A MANAGED DECLINE... PROBABALY IN THE 6000'S BEFORE THE END OF MARCH...

GLOBAL EXCHANGE RATES NOW IN OUR SIDE BAR 24/7.

ANY CURRENCY ANYTIME...GLOBALLY.

HERE IS THE RUBLE

WILL UKRAINE COLLAPSE...BRING DOWN EUROPE?

EASTERN EUROPE HAS BEEN LIVING HIGH ON THE HOG...MOSTLY ON BORROWED MONEY....

I WOULD EXPECT THESE FORMER SOVIET STATES, RUSSIA, UKRAINE AND BELORUSSIA TO BE THE ONES THAT BRING DOWN THE REST OF EASTERN EUROPE...

THERE IS JUST A DEEP CULTURE OF THEFT IN THESE FORMERLY SOVIET ORTHODOX NATIONS THAT IS NOT SEEN IN THE "ROMAN" PARTS OF EASTERN EUROPE...

SUMMERS IN THE NEW YORK TIMES...

SUMMERS IS GOING TO BE THE BRAINS BEHIND THE ECONOMY FOR BETTER OR WORSE...

REAL DOLLARS RALLY...AS VIRTUAL DOLLARS EVAPORATE!

THE "RALLY" IN THE DOLLAR IN THE FACE OF MASSIVE MONEY PRINTING HAS CONFUSED MANY PEOPLE...

THIS SHOULD NOT BE HAPPENING ACCORDING TO THEORY...

BUT CONSIDER:

AS ASSETS FALL... VIRTUAL DOLLARS ARE DISAPPEARING...EVAPORATING INTO THIN AIR...!!

WHEN YOU OWN STOCKS OR REAL ESTATE YOU CONSIDER THE "VALUE" OF THOSE ASSETS "AS IF" THEY WERE IN REAL DOLLARS... BUT THIS IS WRONG...THESE ASSETS ARE MERELY "EXPECATIONS" FOR DOLLARS...NOT REAL DOLLARS.....

EVERYONE KNOWS THE JOY OF SELLING A LOSER STOCK.. AND FINALLY HAVING "REAL DOLLARS" BACK IN THE BANK... RIGHT?

ALBEIT FEWER REAL DOLLARS THAN YOU HAD BEFORE YOU BOUGHT THE LOSER...

WELL, RIGHT NOW...THERE IS A SHORTAGE OF REAL DOLLARS... THE VEOLCITY OF THE MONEY THAT THE FED HAS PRINTED RECENTLY IS ALMOST ZERO... IT JUST SITS THERE NOT MOVING...

THIS DEAD BANK MONEY IS USED TO FINANCE THE SALES OF STOCKS AS PEOPLE FLOCK FROM "VIRTUAL" OR FAKE DOLLARS REPRESENTED IN BOGUS AND UNREALIZED ASSET VALUES....TO REAL DOLLARS IN THE BANK...

AT SOME POINT THE PRINTED MONEY WILL START TO FLOW INTO THE REAL ECONOMY AND CAUSE INFLATION... HOMAGE TO THAT "THEORY OF INFLATION" IS REFLECTED IN THE RISE OF GOLD RECENTLY...

BUT IN THE CURRENT ENVIRONMENT OF MASSIVE LIQUIDIATION...THE REAL DOLLAR WILL CONTINUE TO RISE AS VIRTUAL DOLLARS CONTINUE TO DISSAPEAR FROM BALANCE SHEETS...

THE VIRTUAL DOLLAR (ASSET VALUES) WILL CONTINUE TO FALL...EVEN AS THE REAL DOLLAR (CASH IN THE BANK) WILL RISE...ALONG WITH GOLD...

AS LONG AS REAL CASH IN THE BANK IS KING...

THOSE VIRTUAL DOLLARS REPRESENTED IN UNREALIZED ASSET VALUES WILL CONTINUE TO BE MERE PRETENDERS TO THE THRONE...!

THAT'S WERE WE ARE NOW...

EMPTY AMERICAN CITIES...!!

LETS SELL THEM TO THE CHINESE...?

AMERICAN FAILURE NOT AN OPTION...

THE BEST THING ABOUT AMERICA IS THAT IT REPRESENTS A GLOBAL CULTURE...

AMERICAN CULTURE IS UNLIKE ANYTHING THE WORLD HAS EVER SEEN ...SINCE PERHAPS ROME...

AMERICANS ARE NOT SLAVISHLY BOUND TO A CERTAIN NATION-STATE...OR A CERTAIN RACE OR GENE POOL...

OR A CERTAIN HISTORY OR CULTURAL HERITAGE...LIKE OTHER PLACES ON THE GLOBE

THE AMERICAN CULTURE IS A UNIVERSAL CULTURE... ANYONE CAN BE AN AMERICAN... ALL THEY NEED IS THE DESIRE AND PERHAPS A CUBS HAT...AND THEY ARE IN...

YOU CAN'T SAY THAT ABOUT ANY OTHER NATION ON EARTH...

EVERYONE CAN'T BECOME JAPANESE, CHINESE, RUSSIAN OR A GERMAN... THERE ARE LARGE BARRIERS TO ENTRY IN THOSE NATIONAL CULTURES THAT SIMPLY CAN NOT BE OVERCOME...NO MATTER WHAT...

YES, THESE HOMOGENEOUS SOCIETIES HAVE THINGS THAT AMERICANS DON'T HAVE... A CERTAIN UNITY OF PURPOSE...A COMMONALITY OF ORIGINS...A SHARED HISTORY.

AND IT IS SORT OF REASSURING TO KNOW THAT EVERYONE YOU WILL MEET DURING ANY GIVEN DAY WILL BE "LIKE YOU"...AND EVEN "LOOK LIKE" YOU... NEARLY THE SAME GENETICALLY, CULTURALLY, RELIGIOUSLY...

I HAVE FELT THIS BOUND OF C0-NATIONALITY MYSELF ....AND IT'S DULLNESS!

BECAUSE THERE IS ALSO A CERTAIN BOREDOM IN THESE EXTREMELY HOMOGENEOUS SOCIETIES... WHY?

WELL EVENTUALLY YOU GE SICK OF ONLY SEEING PEOPLE WHO COULD BE AND PROBABLY ARE YOUR FIFTH COUSINS THREE TIMES REMOVED... NO ONE IS DIFFERENT FROM ANYONE ELSE IN THESE SOCIETIES...

IT'S DULL...VERY DULL THERE IS NO EDGINESS...NO VARIETY...AND WELL, YES,....NO ONE TO FEEL SUPERIOR TO AND HATE...

THANK GOD FOR DIVERSITY...IT SUPPLIES AN ESSENTIAL ELEMENT TO THE HUMAN CONDITION...A MINORITY TO HATE!

THIS BOREDOM OF ONLY "HANGING OUT WITH" YOUR COUSINS IS WHY MANY "FOREIGNERS" EMBRACE THE DIVERSE AMERICAN CULTURE...

AMERICAN CULTURE IS THE EXCITING GLUE THAT HOLDS THE WORLD TOGETHER...

AMERICA IS THE UNIVERSAL DONOR...THE TYPE "O" BLOOD OF CULTURAL GLOBALISM...

AND OUR LAST BEST HOPE FOR PEACE.

THE ELECTION OF OBAMA WAS A MAJOR BOOST TO THE AMERICAN CULTURE AS AN INTERNATIONAL "BRAND"...

LET US HOPE THAT AMERICAN CULTURE SURVIVES...EVEN IF THE ECONOMY IS DESTINE FOR HARD TIMES...

BECAUSE REMEMBER...

AMERICA'S AMAZING UNIVERSAL CULTURE IS ONE THING THAT CAN NOT BE SENT TO CHINA... NO MATTER HOW GREEDY WALL STREET GETS....!

AND YES...

EVEN THE HATEFUL REPUBLICANS AND THEIR STUPID JESUS FREAKS IN FLY OVER COUNTRY ARE AN ESSENTIAL PART OF OUR ONE OF A KIND AMERICAN CULTURAL MATRIX...

LEST WE FORGET...

KRUGMAN ADOPTS GLOOM AND DOOM WORLD VIEW...

CLEARLY, THE GLOOM AND DOOM REPORT WAS RIGHT ALL ALONG...JUST IGNORED BY THE MSM...

BUT THAT'S OK...THE OLD GLOOM AND DOOM ARCHIVES ARE STILL AVAILABLE FOR ANYONE TO READ...

NOT ONLY HERE AT BLOGGER...BUT ALSO WAY BACK AT THE ORIGINAL YAHOO GROUPS SITE IN THE OLD DAZE...!

THE INTERESTING THING ABOUT GLOOM AND DOOM IS THAT IT WAS ALWAYS RIGHT...AND AMAZINGLY RIGHT FOR THE RIGHT REASONS...

WHAT WAS OUR SECRET...?

WELL, I'LL TELL YOU...BUT IT'S A SECRET...SO SHHHHH....!

HISTORY! PLAIN OLD VANILLA ECONOMIC HISTORY...AND A BASIC KNOWLEDGE OF MACROECONOMIC THEORY...

GREENSPAN WAS OUR MODERN INCARNATION OF FRANCE'S JOHN LAW OF THE 1720'S...

IT WAS ALL TOO TOO OBVIOUS FOR TOO LONG THAT THE WALL STREET ZIONISTS WERE DOING A NUMBER ON THE AMERICAN ECONOMY... WHILE THE AMERICAN STUPIDS WERE WALLOWING IN REPUBLICAN BULLSHIT ABOUT BEING THE PARTY OF JESUS...

IT'S ALL HERE...NEARLY 10 YEARS OF IT...ALL IN THE ARCHIVES OF GLOOM AND DOOM...UNTOUCHED. A CAUTIONARY TIME CAPSULE FOR FUTURE GENERATIONS...

THE GLOOM AND DOOM REPORT SHOULD BE PLACED IN THE SMITHSONIAN INSTITUTION FOR FUTURE GENERATIONS...

AS A LONG-RUNNING ECONOMIC COMMENTARY MADE DURING THE GREATEST BUBBLE SINCE THE 1720'S...ALL "HOT OFF THE GRILL" UNREVISED .... JUST AS IT HAPPEN...

READ IT... SAVE IT FOR THE FUTURE...

A CAUTIONARY TALE TOLD BY A CASSANDRA...YET AGAIN...

REPUBLICANS ABANDON AMERICA...CHOOSE THE PATH OF DARKNESS!

IF THE REPUBLICANS THINK THEY ARE GAINING ANYTHING WITH THEIR HATE AGENDA AND BY ABANDONING THE PEOPLE IN THIS TIME OF PERIL...

THEY ARE TRAGICALLY MISTAKEN...

THE REPUBLICANS WILL GET NO CREDIT FOR BEING THE PARTY OF NEGATIVITY IN THIS HOUR OF PERIL...

THEY ARE NOT HAPPY WARRIORS...BUT RATHER BITTER NAY-SAYERS...WITH NOTHING TO SAY.

THEY HAD THEIR CHANCE TO RULE...AND THEY CREATED THE WORST DEPRESSION EVER SEEN...

AND THERE IS NO END IN SIGHT...

THE IDEA THE THE AMERICA PEOPLE WILL RALLY AROUND THE REPUBLICAN NEGATIVITY IS MISTAKEN...

AND IF OBAMA MANAGES TO WEEN THE LESS EDUCATED WHITE VOTERS FROM THEIR SLAVISH DEVOTION TO THE REPUBLICAN AND WALL STREET LOOTERS OF THE ECONOMY...

THE REPUBLICAN PARTY COULD BE A VERY VERY SMALL MINORITY PARTY FOR DECADES...

AND IT MIGHT EVEN BECOME EXTINCT LIKE THE WHIGS, THE FEDERALISTS AND THE BULL MOOSE PARTY...

REPUBLICANS BEWARE! EXTINCTION IS POSSIBLE... STOP THE HATE ....

STOP WISHING DOOM ON THE AMERICAN PEOPLE... LIKE CHENEY DID RECENTLY...AND OTHERS IN THE REPUBLICAN CONGRESS...

STOP HOPING FOR A TERROR ATTACK TO GET YOUR OWN SORRY ASSES OFF THE HOOK...

TAIL FLAW LIKELY CAUSED PLANE CRASH...

AT 1600 FEET THIS PILOT WAS RUNNING OUT OF AIR SPACE TOO FAST TO CORRECT THE ELEVATOR MALFUNCTION IN THE TAIL OF THE PLANE...(AND/OR WAS IT ALSO A CENTER OF GRAVITY PROBLEM CAUSED BY THE BAGGAGE...?)

CLEARLY SOMETHING WENT HORRIBLY WRONG...FAST...

THE STICK SHAKER AUTOMATED STALL PREVENTION DEVICE HERE ASSUMED A WING STALL...AND "CONSPIRED" WITH THE MALFUNCTIONING TAIL ELEVATOR TO PUT THIS PLANE INTO A FLAT "DEATH SPIRAL" STALL...ONCE THIS KIND OF STALL STARTS IT'S NEARLY IMPOSSIBLE TO STOP.

THIS IS THE WORST KIND OF STALL...EVERY AVAILABLE SURFACE LITERALLY "QUITS FLYING"...THE AIR FOIL IS BROKEN VERY FAST...THE PLANE LITERALLY FALLS LIKE A LEAF...PERHAPS ROTATING ON THE WAY DOWN...AND WITH LITTLE AIR SPACE LEFT...THE PLANE "PANCAKED" INTO THE HOUSE...

THIS LINK DISCUSSES THE CENTER OF GRAVITY PROBLEMS (WEIGHT DISTRIBUTION) AS A CAUSE OF STALLS.

THAT'S MY THEORY ON THIS CASE....

POSTSCRIPT:

IT IS NOW REVEALED THAT THE PLANE WAS ON AUTO-PILOT WHEN THE FATAL STALL BEGAN...THIS COULD CAUSE THE PLANE TO "THINK" IT WAS HELPING WHEN IN FACT IT WAS ABETTING THE TAIL STALL...WHICH STILL COULD BE THE PROBABLE CAUSE. IF THE CREW WERE DISTRACTED WITH ICING...SOMEONE MIGHT HAVE FORGOT ABOUT THE AUTOPILOT...WHICH IS WHY CHECKLISTS ARE ALWAYS USED BY CREWS... AUTOPILOT WOULD TRY TO DO THINGS NOT INTENDED BY THE DISTRACTEDPILOT...BUT EVEN THAT MISTAKE WOULD NOT BE THE CAUSE OF THE ORIGINAL STALL.

ESSENTIALLY, WE HIRE PILOTS TO TAKE OFF AND LAND THE PLANE...AND TAKE DYNAMIC INSTRUCTIONS AND MAKE QUICK CHANGES WHEN DIRECTED FROM THE CONTROLLERS AND THE TOWER...DURING UNUSUAL WEATHER EVENTS...THESE ARE THINGS COMPUTERS CAN NOT YET DO IN AVIATION. IN SHORT WE HIRE PILOTS TO "THINK LIKE A BIRD" WHEN THINGS DON'T GO AS PLANNED.

OBAMA PLAN: MORE LIKE WIEMAR THAN KEYNES...

KEYNES MUST BE SPINNING IN HIS GRAVE LIKE A WHIRLING DERVISH...

WHEN KEYNES 'BLESSED' THE DOLLAR AT BRETTON WOODS...HE NEVER COULD HAVE ANTICIPATED THE GREENSPAN NOTION OF ALLOWING THE PUNCH BOWL TO OVER FILL TO THE POINT OF MAKING ASSET BUBBLES INTO "PUBLIC POLICY"...

KEYNES....LIKE JESUS...WOULD BE OUTRAGED AT THE THINGS THAT ARE BEING DONE IN HIS NAME...!!

FORTUNATELY FOR US...KEYNES WON'T BE COMING BACK TO PUNISH US FOR OUR MONETARY SINS ... AND JESUS IS WAY OVER DUE...

NEVERTHELESS, THE AMERICAN CONSUMER AND TAXPAYER COULD HAVE A "COME TO JESUS" MOMENT WHEN THIS PORKULUS ABOMINATION FLOPS MISERABLY....

AS I PREDICT IT WILL...!

AND REMEMBER...WE'VE BEEN RIGHT HERE AT GLOOM AND DOOM ALL ALONG...

ALBEIT, AT TIMES SOMEWHAT "EARLY!"

OK, MAYBE A LOT EARLY...PERHAPS FIVE YEARS EARLY...

BUT IN THE GRAND SCHEME OF HISTORY THAT WILL SEEM LIKE NOTHING...!

ALL HAIL, OBAMUS PORKULUS...!!

THE OBAMA PORK PACKAGE WILL FAIL MISERABLY ...AND COULD BRING DOWN THE ENTIRE HOUSE OF CARDS THAT IS THE US ECONOMY...

HERE'S WHY...

WE ARE NOT COMING OFF OF A PEROID OF SLOW SPENDING...OR TIGHT MONEY...JUST THE OPPOSITE IN FACT...

UNDER GREENSPAN, THE FED "FORGOT" HOW TO TAKE THE PUNCH BOWL AWAY...

MONEY FLOWED LIKE WATER INTO WALL STREET...THE BANKS...THE NON-BANKS...

AND FINALLY INTO THE PONZI SCHEMES...AND BIZZARO JUMBO "MORTGAGES" FOR UNEMPLOYED PEOPLE!!

NOT TO MENTION A VAST EXPANSION OF STATE AND LOCAL BUDGETS...

SO...IN SHORT...WE ARE NOT AND WERE NEVER "STARVED" OF READY CASH...

RATHER, WE WERE AWASH IN IT...

YES.... THERE ARE A FEW "SHOVEL READY" PROJECTS HERE AND THERE...

BUT THE NATION IS NOT REALLY "FALLING APART" ... EXCEPT PERHAPS...FISCALLY AND MONETARILY...

SO NOW OBAMUS PORKULUS HAS HIS PORK PACKAGE IN PLACE...

BUT I SERIOUSLY DOUBT THAT THEY WILL BE ABLE TO FIND ANYTHING WORTHWHILE TO SPEND IT ON...

EXCEPT FOR EVER MORE GOLD PLATE ON PUBLIC SECTOR WAGES, RETIREMENTS AND UNION HEALTH CARE BENEFITS...

WHAT SHOULD HAVE BEEN DONE WAS TO RE-ESTABLISH A SUSTAINABLE NATIONAL INDUSTRIAL POLICY ...WITH UNIVERSAL NATIONAL HEALTH CARE...

AND A MASSIVE CUT IN THE OUTRAGEOUS WAR BUDGET...AND MORE EMPHASIS ON NON-WAR INDUSTRIAL PRODUCTION...WHICH THE REPUBLICANS MOVED TO CHINA OVER THE LAST 20 YEARS...

SO...

ALL HAIL OBAMUS PORKULUS...THE VICTOR OF THE POTOMAC... LET THE TRIUMPAL PARADE BEGIN... LET OBAMAUS PORKULUS ENTER THE CAPITOL ON A CHARIOT PULLED BY CHINESE COOLIES...LOADED WITH PUBLIC SECTOR PORK...

FOLLOWED BY A WAGON LOAD OF MAGICIANS AND WIZARDS WHO CAN TURN PAPER INTO GOLD WITH A SINGLE VOTE IN CONGRESS...BY SOME STRANGE ALCHEMY.

ALL HAIL TO THE VICTOR...OBAMUS PORKULUS...!

OBAMA SHOULD REJECT NEW ISRAELI FACIST GOVERNMENT...

THE COMBINATION OF LIKUD WITH A RUSSIAN RACIST PARTY WILL PUT ISRAEL ON THE ROAD TO BECOMING A ROGUE STATE ...

OBAMA MUST REJECT THE ZIONISTS ATTEMPTS TO EXPEL THE PALESTINIANS FROM ISRAEL, THE WEST BANK AND GAZA...

THE NEW ZIONIST/FACIST GOVERNMENT IN ISRAEL WILL BE A DANGER TO ITSELF AND OTHERS IN THE REGION...

BLACK BOX...

THE NOTION THAT ICE COULD BE THE CAUSE OF THE CRASH IN UPPER NEW YORK IS DISTURBING...

PLANES NEED TO FLY IN MILDLY SNOWY WINTER WEATHER... UNLESS AN EXTREMELY RARE WEATHER PHENOMENON IS DISCOVERED FOR THIS CRASH...EVERYONE SHOULD BE CONCERNED ABOUT FLYING IN SMALL PLANES DURING WINTER...

MY HUNCH IS THAT THERE WERE MECHANICAL PROBLEMS THAT PREVENTED THE DE-ICING TECHNIQUES FROM HAPPENING ON THIS APPROACH...

SEPERATELY...

WHAT IS THAT LAST THING MANY PILOTS SAY JUST BEFORE THE SOUND OF IMPACT...?

ACTUALLY, "OH F_____!" IS MOST COMMON... OR SOME OTHER EXPLETIVE...THIS IS USUALLY OMITTED FROM THE PUBLIC TRANSCRIPT... OBVIOUSLY PILOTS ARE SERIOUSLY PISSED OFF AT THAT MOMENT...

IN SECOND PLACE IS THE CO-PILOT BLAMING THE PILOT ..."I TOLD YOU NOT TO...."

SEE THE BOOK "THE BLACK BOX" FOR MORE...CLICK HERE.

REPUBLICAN "CLASS WARFARE..."

DEMOCRATS USE "CLASS WARFARE" BASED ON WEALTH...THAT IS THE USUAL "BY THE BOOK" DEFINITION OF CLASS WARFARE...

HOWEVER, REPUBLICAN "CLASS WARFARE" BASED ON INTELLIGENCE AND EDUCATION LEVEL IS ACTUALLY MORE HISTORICALLY ACCURATE...!

FOX NEWS, RUSH AND OTHER REPUBLICAN PROPAGANDA OUTLETS DIVIDE PEOPLE NOT BY WEALTH AND MONEY...

BUT BASED ON INTELLIGENCE AND EDUCATION LEVEL...

LESS EDUCATED OR OTHERWISE STUPID AMERICANS ARE PITTED AGAINST THE MORE INTELLIGENT "LIBERALS"...BY REPUBLICAN PROPAGANDISTS.

HENCE THE CONCENTRATION OF "LIBERALS" IN BETTER EDUCATED STATES...AND AMONG THE BETTER INFORMED.

WITH A HIGH NUMBER OF REPUBLICANS IN PLACES WERE THE PUBLIC IS LESS INTELLIGENT OR LESS INFORMED...LIKE THE SOUTH AND IN RURAL BACKWATERS... THESE ARE PLACES THAT RESPOND MORE TO FEAR, THAN TO REASON...

OF COURSE SOME "REPUBLICANS" ARE EDUCATED AND INFORMED... BUT THEY ARE REQUIRED BY THEIR CORPORATIONS OR OTHER ELITES TO TOW THE PARTY LINE TO KEEP THEIR JOBS AND BENEFITS...

THESE PITIFUL PEOPLE ARE REALLY THE "HOUSE NEGROS" OF POLITICS TODAY... IE THE PRO-SLAVERY BLACKS...!

THE REPUBLICANS STILL USED CLASS WARFARE...ONLY THE STUPID ARE SUPPORTING THE ELITES...AGAINST THE MIDDLE CLASS INTELLIGENCIA...

THIS IS EXACTLY WHAT HAPPENED IN RUSSIA DURING THE CZARS... THE FREED SERFS WERE SUPPORTERS OF THE CZAR AND THE "WHITES"... WHILE THE ST PETERSBURG INTELLECTUALS AND THE PETTY NOBILITY WERE MORE LIKELY TO BE "REDS"...AT LEAST THE YOUNGER ONES AT THE UNIVERSITIES...

SO CLASS WARFARE OPERATES ON VARIOUS LEVELS...WEALTH IS ONLY ONE FORM OF CLASS WARFARE...

BUT MORE OFTEN, HISTORICALLY, INTELLIGENCE AND EDUCATION CAN BE USED TO DIVIDE PEOPLE AS WELL...

CAN WE PANIC NOW....?

TODAY IN NYT:

"Some of the nation’s large banks, according to economists and other finance experts, are like dead men walking."

GOOD MOVE BY GREGG...

THAT GUY WAS LIKE AL SHARPTON AT A KLAN RALLY...

SHORTS COVER AT 7700....

LOOKS LIKE A LOT OF SHORTS AUTO-COVERED RIGHT AT 7700.... A GOOD BET...

WANNA DO IT AGAIN...?  AND AGAIN...AND...

CAN ARABS SUPPORT OBAMA'S BOND DELUGE?

CHINA IS 500% BEHIND "OBAMA BONDS!"

NOW THAT IS SCARY...!

SOUNDS LIKE THOSE PROCLAMATIONS OF SUPPORT THAT "BOSSES" AND PRESIDENTS GIVE TO KEY OFFICERS WHO ARE SOMEHOW.... "IN TROUBLE" ...

THE GUY BEING SUPPORTED IS USUALLY CANNED WITHIN A WEEK...!

PLEASE CHINA...DON'T TELL US HOW MUCH YOU LOVE BUYING OUR WORTHLESS WASHINGTON PAPER...

OR CAN WE JUST GIVE YOU TAIWAN AND CALL IT EVEN SOMEDAY...?

THE SHIT HAS HIT THE FAN...

THIS IS THE BIG ONE THAT EVERYONE USED TO TALK ABOUT HAPPENING "SOMEDAY... OR "EVENTUALLY..."

WELCOME TO EVENTUALLY:

THE ONLY HOPE IS TO HAVE LITTLE HOPE... OBAMA SIMPLY CAN NOT REVIVE THIS ZOMBIE ECONOMY...IT'S WAY TOO FAR GONE...

WHAT REALLY HAPPEN...SIMPLY THIS:

THE MANTRA BECAME: "IT ALWAYS GOES UP".... REMEMBER THAT LITTLE CHESTNUT...?

AND WORSE THE MANTRA APPLIED TO EVERYONE FROM INVESTMENT BANKS TO SMALL TIME REAL ESTATE FLIPPERS...

SO WHAT...?

SO EVERYONE LEVERAGED UP..IE BORROWED TO THE HILT...TO TAKE ADVANTAGE OF THE PROMISED NEVER ENDING ASSET INFLATION...

OK SO FAR...?

NOW HERE IS THE DOOMSDAY EVENT...

THE BIGGER YOU WERE...THE MORE YOU LEVERAGED...!

WE ARE NOW TOLD THAT THE BIG INVESTMENT BANKS WERE LEVERED OFTEN 30 TO 1...!! ALL BASED ON THE NOTION THAT IF IT ALWAYS GOES UP...THE MORE YOU HAVE THE MORE YOU MAKE...

SO WHY NOT BORROW AS MUCH AS POSSIBLE...AND MAKE EVEN MORE MONEY ON THE SURE THING OF CONSTANT ASSET INFLATION...!

THEN CAME SEPTEMBER2008.... AND NOT ONLY DID IT NOT GO UP...IT ALL BECAUSE ILLIQUID... THE SYSTEM BACKED UP...THEN COLLAPSED...

WHATS THE CURE FOR TOO MUCH LEVERAGE... WELL OBAMA AND CO. SEEM TO THINK ITS MORE LEVERAGE...

THIS WAS ALL "GREASED" BY A SYSTEM OF SECURITIZATION...AND PHONY CREDIT RATINGS...AND EVENTUALLY BY OUTRIGHT PONZI SCHEMES...

SO THE "TARP CURE" AND THE BAILOUT ARE LIKE THAT MICROSOFT WINDOWS "F8" OPTION OF:

"RETURN TO LAST GOOD CONFIGURATION" ....WHEN YOUR COMPUTER CRASHES...

BUT WILL IT WORK...CAN WE "F8" THE ECONOMY?

MY HUNCH IS THAT THERE NEEDS TO BE A TOTAL "REBOOT" OF THE ENTIRE SYSTEM WITH A NEW MANTRA...AND A NEW MINDSET...

THE "VIRUS" OF... "IT ALWAYS GOES UP".... HAS ESSENTIALLY DESTROYED THE "MOTHERBOARD" OF THE ECONOMY... SO WE MAY NEED TO "FDISK" THE WHOLE THING AND REINSTALL THE OPERATING SYSTEM AND THE DRIVERS FROM SCRATCH...

WHAT'S NEXT...?

HOW ABOUT : "LETS MAKE THINGS AGAIN!"

AND LETS HAVE EFFICIENT NATIONAL HEALTH CARE TO COMPETE WITH OTHER ECONOMIES...

AND LETS "TAKE THE PUNCHBOWL AWAY" TO QUELL ASSET INFLATION LIKE IN THE OLD DAYS...

AND LETS HAVE A HIGH GRADUATED TAX ON EARNINGS OVER 5 MILLION PER YEAR... WHY? BECAUSE ANYONE MAKING THAT KIND OF MONEY IS NOT REALLY "WORKING" THEY ARE "SOME HOW" USING "THE SYSTEM"...AND THE SYSTEM BELONGS TO EVERYONE...

ALAS AS WE ARE NOW SADLY FINDING OUT...!

SO FOR YOU NON-ECONOMIC COMPUTER GEEKS...

THE REAL QUESTION IS:

CAN WE "F8" THE ECONONY

OR DO WE NEED TO "FDISK" THE ENTIRE SYSTEM...

OR ARE WE JUST "F-ed" AND ITS TIME TO BUY A NEW COMPUTER...

GEITHNER'S SECRET PLAN REVEALED...!!

THE SECRET GEITHNER PLAN IS....??

THERE IS NO PLAN...! NOTHING... IT'S OVER...

GEITHNER IS SIMPLY GOING TO BULLSHIT HIS WAY OUT OF THIS...OR TRY ANYWAY...

IN TRUTH THE US ECONOMY IS NOT SALVAGEABLE...IT'S UTTERLY AND COMPLETELY BANKRUPT...

THIS IS SIMPLY RUSSIA IN THE 90'S...

ARGENTINA ...IN THE 20TH CENTURY

AND GERMANY IN THE 20'S SITUATION...

ONLY WITH THE US COLLAPSE IT'S ALL WRIT LARGE!

THE SECRET PLAN IS THAT THERE IS NO PLAN...IT'S ALL SIMPLY TOO FAR GONE...

WILL CHINA SAVE US FROM OBAMA'S HYPER-INFLATION BANKRUPTCY PLAN?

IT'S OUT OF CONTROL NOW...

ONLY CHINA CAN SAVE US FROM THE INSANITY IN WASHINGTON...

THESE PEOPLE ARE GRASPING AT STRAWS...

LET'S HOPE THAT CHINA, ARABY AND THE OTHER BOND SUCKERS REFUSE TO BUY OBAMA'S WORTHLESS PAPER ....

ONLY A BOND COLLAPSE CAN SAVE US FROM THE OBAMA HYPER-INFLATION WHICH WILL BE INFINITELY WORSE THAT ANYTHING WE HAVE EVER SEEN...

A SIMPLE CURE FOR THE AMERICAN ECONOMY.

A FIVE PERCENT BANK CD...!!

AND STOCKS THAT PAY A 6% DIVIDEND

....AND ONLY "GO UP" 3% TO 4% PER YEAR...LIKE IN THE OLD DAYS...

BEFORE THE BULLSHIT TOOK OVER...

CURIOUSLY ONLY CHINA CAN GIVE US THAT HAPPY STATE OF AFFAIRS NOW...

IF THEY WILL JUST QUIT BUYING OUR FUCKING WORTHLESS WASHINGTON PAPER!!

OBAMA IS A STOOGE OF THE TEACHERS UNION...

THAT IS WHAT WE ARE FINDING OUT...

SMALL BUSINESS HAS NO FRIEND IN OBAMA...

OBAMA IS A STOOGE OF THE PUBLIC SECTOR UNIONS...AND THE CORRUPT CITY HALL POLICE STATE...

LET US HOPE HE FAILS MISERABLY!!

BUT FEAR NOT...

I HAVE A FEELING THAT IT'S OVER FOR THE US ECONOMY...

AMERICA IS A ZOMBIE ECONOMY NOW...

IT'S ALL OVER BUT FOR THE SCREAMING...LATER THIS YEAR...WHEN THE "PLAN" FALLS ON IT'S FACE...AND $4 GAS COMES BACK WITH A VENGENCE THIS SUMMER.

PRAY OBAMA FAILS...!!

I SUPPORT OBAMA'S CHANGE AGENDA...

BUT THE CURRENT "STIMULUS PACKAGE" IS SO LARDED WITH FUNDING FOR LOCAL GOVERNMENT POLICE POWER...THAT SMALL BUSINESSES WILL SIMPLY NOT BE ABLE TO OPERATE...

THIS OBAMA PLAN IS A GIVE AWAY TO THE PUBLIC SECTOR UNIONS AND CORRUPT CITY HALLS...AND TEACHERS UNIONS, CITY INSPECTORS, POLICE, AND OTHER PUBLIC SECTOR PIGS...LOOKING FOR A BRIBE...!

THESE PUBLIC SECTOR PIGS DO NOT HAVE ANY IDEA WHAT IT TAKES TO OPERATE A SMALL BUSINESS IN THE DIMINISHED AMERICAN PRIVATE SECTOR TODAY...

THE PUBLIC SECTOR PIGS HAVE THEIR DEFINED BENEFIT PENSIONS...WITH FULL GOLD PLATED HEALTH CARE...AND LOTS OF VACATION WEEKS UP THE ASS...!!

EVEN AS MAIN STREET IS DEVASTATED... AND ORDINARY PEOPLE HAVE NO MONEY...

BUT THE PURPOSE OF CITY HALL IS TO HARASS...AND SHAKEDOWN...AND ULTIMATELY CLOSE ANY SMALL BUSINESS THAT DARES TO OPEN UP ON OUR ABANDON MAIN STREETS OF AMERICA...

I PERSONALLY AM HOPING THAT THE CHINESE WILL BALK AT FINANCING THIS OBAMA "LOCAL GOVERNMENT POLICE STATE"

THE BULLSHIT THAT IS THE ESSENCE OF CITY HALLS AND SCHOOL BOARDS ALL OVER AMERICA...IS WELL KNOWN AND WELL DOCUMENTED...

LOCAL AND STATE GOVERNMENT IS FILLED WITH "MINI-BLAGOS"....ALWAYS READY TO HARASS AND BADGER SMALL BUSINESSES...PRESUABLY LOOKING FOR A "CAMPAIGN CONTRIBUTION"...A/K/A BRIBE...!!

THE OBAMA PLAN WILL HAVE THE CORRUPT CITY HALL "MINI-BLAGOS" RUNNING FUCKING WILD...

THESE CITY HALL ASSHOLES SHOULD BE "STARVED OUT" LIKE THE INCOMPETENT PIGS THAT THEY ARE....AND ASAP...!

PRAY WITH ME, THAT CHINA PULLS THE PLUG ON WASHINGTONS BULLSHIT MACHINE BEFORE IT FINISHES OFF WHAT'S LEFT OF THE AMERICAN SMALL BUSINESS ECONOMY...

STOP THE BULLSHIT!!

STOP THE COMING OBAMA "CITY HALL POLICE STATE"...!!

KABUL THE NEXT SAIGON...?

THE AFGHAN WAR MAY BE OVER BEFORE OBAMA EVEN GETS INVOLVED...!

PERHAPS IT'S TIME TO LEAVE THESE MUD HUTS VILLAGES ALONE... AND TREAT TERRORISM AS A POLICE MATTER ORGANIZED AND EXECUTED IN THE CIVILIZED CAPITALS OF THE WORLD...WHERE THE "REAL TERRORISTS" REALLY ARE...

NOT IN THE BACKWARD MUD HUT AFGHAN VILLAGES AND AMONG THE SHOELESS POOR PEOPLE OF AFGHANISTAN...

AFGHANISTAN AND ITS PAKISTANI BACKED AND SUPPORTED "TALIBAN" DID NOT "CAUSE" 911...OSAMA DID...BUT HE WAS JUST PASSING THROUGH...AND HE IS LONG GONE NOW.

THIS IS WHAT COMES FROM TREATING A CRIME AS A REASON FOR WAR...AGAINST AN ENTIRE PEOPLE...

THE CRIMINALS FLEE...AND THE PEOPLE LEFT BEHIND SUFFER.

KEEPING IT VAGUE...?

OBAMA ET AL SEEM TO BE DELIBERATELY KEEPING THE BANK BAILOUT VAUGE...

BUT WHY...?

PERHAPS THE TRUTH IS TOO SHOCKING TO BE REVEALED AS YET...

IS IT  POSSIBLE THAT ONCE THIS "NEW BAILOUT MONEY" IS ACTUALLY BEING PRINTED...THE SYSTEM WILL COLLAPSE FORTHWITH?

AND ONCE THE PRINTING PRESSES REALLY START ROLLING...

THE CHINESE AND OTHERS WILL:  BUY THE RUMOR... THEN SELL THE NEWS...?

THE VERY MINUTE THAT THESE ZOMBIE BANKS ARE BAILED OUT WITH REAL MONEY...AND NOT JUST TALK...

GOLD WILL BLOW PASSED $1000 PER ONCE ...AND NEVER LOOK BACK...

WHAT IS HOLDING UP THIS ENTIRE HOUSE OF CARDS PRESENTLY...IS THE VERY VERY WELL BEHAVED AND ODD OIL MARKETS...

THE DISCONNECT BETWEEN OIL AND GOLD SEEMS UNPRECEDENTED...AND ILLOGICAL!  ALBEIT WONDERFUL...TEMPORARILY...!

OIL IS PRICED IN DOLLARS JUST AS GOLD IS...AND THERE WAS SPECULATION IN BOTH COMMODITIES EARLY LAST SPRING...WHICH LEAD TO OUR SUMMER OF $4 GAS...

WHY WOULD OIL DECOUPLE FROM GOLD AND PLUNGE DRASTICALLY...WHICH GOLD STAYS HIGH...?

ANSWER THAT AND YOU WILL SEE THE REAL DANGER OF THIS SITUATION...

ANY RETURN TO $4 GAS WILL MAKE THE TRILLION DOLLAR STIMULUS PACKAGE A MOOT POINT...  FOUR DOLLAR GAS IS A DEAL BREAKER...EVEN WORSE THAN SENATE REPUBILCANS...! 

SOONER OR LATER GOLD AND OIL AND THE DOLLAR ARE GOING TO "RECOUPLE"... AND THAT RECOUPLING ... PERHAPS IN RESPONSE TO THE "NEW BAILOUT"...WILL BE THE END OF DAYS FOR THE US ECONOMY...

WE WILL BE RUSSIA IN THE EARLY 1990'S...!! AND ANY RESCUE WILL BE IMPOSSIBLE.

I THINK OBAMA AND CO SEE THE HANDWRITING ON THE WALL...BUT THEY ARE AFRAID TO ACTUALLY SPEAK THE WORDS IN PUBLIC...

CONGRESSIONAL REPUBLICANS "DRINK THE KOOL AID"....FORM POLITICAL SUICIDE PAC!!

REPUBLICANS REFUSED OBAMA'S HAND...

NOW THEY'LL GET OBAMA'S FIST...

ENJOY!

OBAMA WON'T STOP BUSH/CHENEY WAR CRIMES INVESTIGATION...

PROBABLY THE BEST PART OF OBAMA'S FIRST NEWS CONFERENCE WAS THAT HE DID NOT RULE OUT CHARGING BUSH AND CHENEY FOR WAR CRIMES...

OBAMA SIMPLY MUST PROSECUTE THESE REPUBLICANS AT EVERY STEP...IT'S THE ONLY WAY TO SHUT THEM UP...

THE REPUBLICANS AND FOX NEWS SEEM TO BE BULLSHITTING A LOT THINNER NOW THAN THEY WERE EVEN A FEW DAYS AGO...

IT'S OVER FOR THE REPUBLICANS AFTER THIS WEEK...

CONGRESSIONAL REPUBLICANS HAVE ENTERED A BIZZARO POLITICAL SUICIDE PAC...THEY HAVE ALL AGREED TO DRINK THE KOOL AIDE OF ATTACKING OBAMA AND IGNORING THE PUBLIC DEMAND FOR ACTION ON OUR LOOTED ECONOMY.

OBAMA CAPTURES FOX NETWORK VIEWERS...!!

FOX NEWS NETWORK COULD BE IN TROUBLE IF OBAMA KEEPS PITCHING HIS MIDDLE CLASS AGENDA...

THE ECONOMIC CRISIS HAS FINALLY FOCUSED THE ATTENTION OF STUPID WHITE PEOPLE WHO MAKE UP THE MAJORITY OF FOX NEWS VIEWERS...THESE ARE THE SO CALLED BUBBA REPUBLICANS...THE RED NECKS FROM THE RED STATES...

THESE PEOPLE COULD AFFORD THEIR HOLIER THAN THOU BULLSHIT BACK WHEN THE ECONOMY WAS STILL BUBBLING UNDER THE REPUBLICAN LOOTERS...

BUT NOW WITH THE ECONOMIC CRISIS UPON US...MANY OF THESE STUPID WHITE HYPOCRITES ARE BEING FORCED TO SOBER UP AND COME OFF THEIR JESUS HIGH HORSE...AND ADMIT THAT THE REPUBLICANS HAVE BEEN SCREWING THEM FOR YEARS...AND INTERNATIONAL CAPITAL HAS LOOTED THE AMERICAN ECONOMY TO THE BONE...

RIGHT NOW FOX NEWS AND THE REPUBLICANS SEEM TO BE FLOUNDERING FOR SOMETHING TO SAY...

THEY HAVE WRECKED THE WORLD...AND NOW THEY ARE SPEECHLESS...

BUT OBAMA DID LEAVE THE DOOR OPEN FOR PROSECUTING BUSH/CHENEY, ET AL, FOR THEIR WAR CRIMES... SO PERHAPS THAT WILL LOOSEN THE TONGUES IN DUE COURSE...

KRUGMAN TO OBAMA: KICK, DON'T KISS, REPUBLICAN ASS!!

OBAMA KISSING RED NECK ASS....?

THE IRONY OF THE OBAMA PLAN IS THAT IT HELPS THE VERY PEOPLE WHO VOTED AGAINST HIM...

NAMELY THE STUPID WHITE PEOPLE IN INDIANA AND OTHER RED NECK RED STATES...THAT ARE STILL FOLLOWING THE REPUBLICANS AND JESUS DOWN THE ROAD TO ECONOMIC COLLAPSE...

IF OBAMA SUCCEEDS IS WOOING THIS RED NECK ASSHOLES...FOX NEWS AND THE REPUBLICANS WILL BE IN TROUBLE...

YOU'D THINK THAT THESE STUPID WHITE ASSHOLES WOULD REALIZE THAT THE REPUBLICANS AND WALL STREET HAVE BEEN FUCKING THEM FOR YEARS...

BUT TRUST ME THESE STUPID WHITE ASSHOLES ARE REALLY REALLY DENSE...THEY DESERVE NO MERCY.

I SAY LET ELKHART AND INDIANA GO TO HELL WITH THEIR REPUBLICAN CONGRESS...

IF THE OBAMA PLAN WORKS...THE SENATE REPUBLICANS WILL BE SEE AS ENTERING A SUICIDE PAC...THIS WEEK...

FRANKLY I THINK THIS ECONOMY IS TERMINALLY FUCKED AND CAN NOT BE SAVED...

BUT BY THE SAME TOKEN I DON'T WANT TO BAIL OUT THE IGNORANT ASSHOLES IN FLY-OVER-COUNTRY...

LET THEM STAY ON THE ROYAL ROAD TO HELL WITH THEIR REPUBLICANS AND JESUS...

SCREW EM...!

OF COURSE OBAMA WILL CONTINUE TO DO THE RIGHT THING AND TRY TO SAVE THESE RED STATE ASSHOLES... BECAUSE THAT'S JUST THE WAY DEMOCRATS ARE...

WIPE OUT THE RICH...!

WHEN WILL THIS DEPRESSION BE OVER...

WELL, PROBABLY WHEN WARREN BUFFETT IS WORKING AT DIARY QUEEN NOT EATING AT ONE...

THE SYSTEM THAT FAVORED THE RICH FOR SO LONG IN AMERICA HAS COLLAPSED...

IT WAS ALL PAPER...ON PAPER ON PAPER...THEN A LITTLE FRAUD...FINALLY ONE BIG PONZI SCHEME CALLED "THE ECONOMY."

THIS IS THE WORST ECONOMIC CRISIS SINCE THE 1720'S....!

FORGET THE 1930'S...WE ARE WAY PAST THAT NOW...

CAPITALISM'S LAST GASP....

ULTIMATELY OBAMA WILL HAVE TO MOVE TO TOTALLY NATIONALIZED BANKING ...

THERE IS NO WAY THE CURRENT SYSTEM CAN BE "SAVED"... THE ABUSES OF THE RAY-GUN-OMICS DECADES HAVE DESTROYED THE SYSTEM...

THIS ATTEMPT TO DE-FIB THE ZOMBIE US ECONOMY WILL FAIL MISERABLY... JUST AS FDR'S ATTEMPTS FAILED...

WHAT REALLY HAPPEN IN THE 1930'S WAS THAT EVENTUALLY ENOUGH RICH PEOPLE WERE WIPED OUT...DESPITE THE NEW DEAL...NOT BECAUSE OF IT...THAT THE SYSTEM WAS FINALLY PURGED...

THE FEDERAL SPENDING ONLY DELAYS AND MITIGATES THE PROCESS...

ANY ATTEMPT BY OBAMA TO SAVE THE CURRENT ELITES WILL FAIL MISERABLY... THESE PEOPLE SIMPLY MUST BE WIPED OUT ONE WAY OR ANOTHER...

OF COURSE YOU CAN GO THE WIEMAR ROUTE AND HAVE A HYPERINFLATION...BUT THAT IS ONLY THE DEATH RATTLE OF AN ECONOMY THAT IS ALREADY DEAD...

RIGHT NOW OBAMA SHOULD SPEND EVERY DOLLAR ON THE ORDINARY PEOPLE IN AMERICA WHO ARE GOING TO NEEDED BASIC NECESSITIES...FOOD STAMPS, HEALTH CARE, RENT SUBSIDIES...

THE ONLY CHOICES NOW ARE A MASSIVE DEFLATIONARY DEPRESSION OR AN HYPERINFLATION.

MY HUNCH IS THAT THE STIMULUS WILL PASS...THEN FAIL OUTRIGHT...

AT THAT POINT OBAMA WILL BE FORCED TO ADOPT "PLAN B FOR AMERICA..."

AND AT LEAST TEN OR TWENTY YEARS OF SOCIALISM IN THE US WILL BEGIN...

WHAT THE CAPITALISTS ON FOX NEWS DON'T SEE COMING...IS THE TOTAL DISGUST THAT IS JUST BELOW THE SURFACE IN FLY-OVER COUNTRY...

THE BUBBA REPUBLICANS ARE ABOUT TO MORPH FROM "MORALS REPUBLICANS"...INTO SOCIAL EUROSTYLE SOCIAL DEMOCRATS...OVER NIGHT!!

OBAMA NEEDS TO CONTROL ULTRA-ZIONIST CRACKPOTS

THE RETURN OF THE LIKUDNIC LUNATICS IN ISRAEL IS BAD NEWS FOR EVERYONE...

OBAMA SHOULD READ THE ZIONISTS THE RIOT ACT ASAP...

WE SIMPLY WILL NOT BE ABLE TO SUPPORT THE ULTRA-RIGHTS CONTINED OCCUPATIONS OF PALESTINIAN LAND ...AND THEIR DE FACTO ZIONIST PALESTINIANS CONCENTRATIONS CAMPS IN GAZA AND THE WEST BANK...

THE PROBLEM WITH THE STIMULUS...

THE PROBLEM WITH THE STIMULUS IS THAT IT TRIES TO GO BACK TO THE PAST...

AND IGNORES THE VERY REAL STRUCTURAL PROBLEMS IN THE FUTURE...

OBAMA AND CONGRESS MERELY WANT PEOPLE TO "START SPENDING" AGAIN... IS THAT ALL THERE IS...?

THE PROBLEM IS THAT CONSUMERS WERE SPENDING...LIKE MAD!

BUT FOR MANY YEARS...THEY WERE SPENDING THEIR "BUBBLE MONEY"...EITHER FROM STOCKS, OR FROM THEIR "HOME ATM MACHINE...."

DECADES OF REPUBLICAN DE-INDUSTRIALIZATION OF THE US ECONOMY HAVE LIMITED WAGE GROWTH...

AND CAUSED AMERICAN CONSUMERS TO LIVE OFF SAVINGS (IE BUBBLE MONEY) FOR MOST OF THE RECENT SUPPOSED "BOOM TIMES."

OBAMA'S PLAN SIMPLY IGNORES THE TRADE DEFICITS...WHICH WILL LIKELY INCREASE GREATLY...IF THE STIMULUS "WORKS"....

AND IF IT DOES NOT WORK...WE HAVE A MASSIVE BUDGET DEBT TO MATCH THE ALREADY HUGE TRADE DEFICIT DEBT...

SO IN BRIEF...

REPUBLICANS IGNORED REAL PROBLEMS...

NOW OBAMA AND THE DEMOCRATS ARE STILL IGNORING REAL PROBLEMS...ONLY FROM A DIFFERENT POLITICAL MINDSET.

IT'S A MATTER OF CHANGING THE UNDERLYING STRUCTURE OF THE AMERICAN ECONOMY...TO GET IT PRODUCING...NOT MERELY CONSUMING...

WORSE, THE OBAMA STIMULUS LOOKS LIKE BOOM TIMES FOR LOCAL GOVERNMENT AND LOCAL GOVERNMENT UNIONS...

LOCAL GOVERNMENT IN AMERICA IS LIKELY MORE CORRUPT THAN WASHINGTON...

WHAT WOULD WORK...?

MASSIVE SOCIAL PROGRAMS FOR AMERICANS NEW "LOW WAGE" WORKFORCE...

UNIVERSAL HEALTH CARE IS ESSENTIAL... A SOCIAL SAFETY NET FOR FOOD STAMPS...

MANY RETIREES HOW HAVE BEEN WIPED OUT BY FOLLOWING THE GOVERNMENT'S BULLSHIT TO PUT ALL OF THEIR MONEY IN STOCKS...

A GOVERNMENT THAT HAS SEVERELY PUNISHED SAVERS FOR GENERATIONS...WITH VERY VERY LOW BANK CD INTEREST RATES...

WHAT OBAMA NEEDS TO DO IS BE THE ADVOCATE FOR THE "NEW POOR" THAT ARE BEING SET UP IN THE US ECONOMY...

MOST AMERICANS WILL NEVER HAVE LIVING WAGE JOBS IN THIS SERVICE ECONOMY

AS LONG AS THIS IS AN ECONOMY THAT IS DICTATED BY INTERNATIONAL CAPITAL'S CONSTANT QUEST FOR EVER CHEAPER LABOR...AND MORE GLOBALISM AND FREE TRADE.

A LOT OF THE OBAMA RHETORIC IS PURE BULLSHIT... LIKE "GREEN JOBS" THAT "CAN'T BE SHIPPED OVERSEAS...?" WHAT THE FUCK IS THAT...? I HAVE NO IDEA...

HOW CAN NEW SMALL BUSINESSES CREATE JOBS WHEN THEY CAN'T EVER AFFORD HEALTH INSURANCE FOR THOSE WHO START THE BUSINESS...NOT TO MENTION THE EMPLOYEES...!

AT SOME POINT OBAMA WILL HAVE TO ADMIT THAT THIS IS NOT AN ECONOMY THAT CAN BE "SAVED"... IT SIMPLY MUST BE SCRAPED AND BEGUN AGAIN FROM SCRATCH...

HOPEFULLY BEFORE OUR CHINESE MONEY MASTERS DECIDE TO PULL THEIR FUNDING OF US PAPER ASSETS...

WHILE I SUPPORT OBAMA AND THE DEMOCRATS...

I THINK THEY ARE SIMPLY REPEATING THE MISTAKES OF THE REPUBLICANS BUT FROM A DIFFERENT VANTAGE POINT...

WORSE...WORST OF ALL...I FEAR THAT THE STIMULUS PACKAGE WILL FAIL MISERABLY FROM THE OUTSET...

FOR EXAMPLE...WHO IS REALLY GOING TO DO ALL THIS NEW SHOVEL WORK...?

SHOVEL WORK IS NOT WERE MOST OF THE AMERICAN UNEMPLOYED ARE LOCATED...

UP UNTIL JUST LAST SUMMER...WE WERE USING ILLEGAL MEXICANS TO DO THIS SO CALLED SHOVEL WORK...

SO, WHAT THE FUCK IS UP WITH THIS NEW PLAN...?

WE SEEM TO HAVE REPLACED A REPUBLICAN LALA LAND... WITH A DEMOCRATIC LALA LAND...

AND THE MONEY JUST KEEPS ON ROLLING OFF THE PRESSES...!

POSTSCRIPT:

IF YOU REALLY WHAT TO KNOW HOW THINGS ARE GOING ...WATCH GOLD...IT'S UP BIG...AND SEEMS TO BE THE ONLY SAFE INVESTMENT NOW.

KRUGMAN SLAMS REPUBLICAN BULLSHITERS

KRUGMAN IS ANOTHER ONE OF THOSE "MEEK" PROGRESSIVES...WHO RARELY SPEAK UNLESS ASKED A QUESTION...  THEN HE GETS TONGUE TIED IN ECONOMIC LINGO...AND FUCKING "NUANCE"...  
I SAY FUCK NUANCE AND LINGO...JUST SCREAM...LIKE EVERYONE ELSE ON FOX NEWS AND TOUT TV DOES! BECAUSE THAT IS WHAT THE BUBBA PUBLIC UNDERSTANDS...

LIKE ALL THE OTHER ESTABLISHMENT PROGRESSIVES...KRUGMAN IS TOO INTELLECTUAL...TOO POLITE FOR HIS OWN GOOD...

HENCE, LIKE RIECH, THE CABLE NEWS TOUTS SHIT ON HIM EVERY TIME HE APPEARS ON THE TV....

300 POINT DOW RALLY SPAWNS WAVE OF BULLSHIT

MORE LATER....

CAN ANY DEMOCRAT HELP OBAMA...?

ARE ALL DEMOCRATS TONGUE TIED BUBBLERS...?

WHERE THE FUCK IS HOWARD DEAN WHEN OBAMA NEEDS HIM...

OBAMA CAN NOT COUNTER THE CONSERVATE CABLE NEWS HATEFEST TOTALLY ALONE...!!

300 POINT DOW RALLY ON DISMAL JOBS NUMBER...?

THE MARKET ALWAYS RALLIES ON VERY VERY BAD NEWS...

IT'S PROBABLY A BIT OF THE OLD PLUNGE PROTECTION AT THE FED...

THE MARKET WAS OVER-SOLD...AND THE SHORTS KNOW THAT THE MARKET ALWAYS RALLIES ON VERY BAD NEWS...

SO ODDLY THE SHORTS COVER ON THE BAD NEWS...AND THEN SELL THE NEXT DISMAL  NUMBER ON THE COME OUT ROLL...

VERY ODD...BUT THERE IT IS...  THIS IS IRRATIONAL...BUT THAT IS NOT UNUSUAL THESE DAYS...

BASICALLY EVERY JOBS FRIDAY WILL BE A RALLY DAY FOR THE REST OF THIS YEAR...

REMEMBER THE SAME THING HAPPEN LAST MONTH AND BEFORE... WHAT SEEMS TO HAPPEN IS THE NUMBER IS "SOLD" IN ADVANCE...PROBABLY AS A SHORT SALE...AND THEN COVERED "ON THE NEWS."   AND OF COURSE THE JOBS NUMBER IS A TOTALLY KNOWN FACTOR..IT WILL ALWAYS BE BAD OR VERY BAD...SO NO RISK IN SELLING THE JANUARY NUMBER AND BUYING IT BACK ON FEBRUARY.

THE RULE:  ALWAYS BUY THE DISMAL JOBS NUMBER...THE WORSE MONTHLY JOBS GET ... THE MORE THE SHORTS WILL COVER...

THE "EXPLANATIONS" TODAY ON CNBC AND ELSEWHERE ...ARE THE PURIST FORM OF BULLSHIT...

THE SELL OFF CAN RESUME NEXT WEEK...

I WOULD EXPECT A BIG RISE IN GOLD UPON PASSAGE OF THE STIMULUS BILL NEXT WEEK...  GOLD IS REALLY THE LAST RATIONAL THING IN THIS MARKET...  THE REST IS TOTAL BULLSHIT.

THE PUBLIC PROBABLY FINDS THIS ODD...WITH ALL THE SUFFERING IN MAIN STREET...WALL STREET RALLIES WILDLY...

I WOULD EXPECT A 300 TO 400 POINT RALLY TODAY...!