IRAQ CIVIL WAR STARTS TODAY...

THE PRO-IRANIAN GREEN ZONE "DEATH SQUADS" WILL CAUSE TOTAL CHAOS WITHIN A MONTH...

THE CIVIL WAR WILL START IMMEDIATELY...

THE KURDS WILL BE OUT OF IRAQ...WITHIN A FEW MONTHS...

WHY THE THIRD QUARTER WILL STINK...!

HAVE YOU NOTICED THAT:

EVERYONE...

AND I MEAN EVERYONE IS POSITIVE!!

EVERYONE PREDICTS A HUGE RECOVERY....

MOSTLY WITH RESERVATIONS...

IT WILL BE "JOBLESS"...

THE "CONSUMER" ....SOMEWHAT UNEMPLOYED NOW...WILL NOT PARTICIPATE...

AND COMPANIES WILL "TURN AROUND" ..."SOMEHOW...."

AND, OF COURSE, STOCKS WILL BE HIGHER...SO DON'T SELL! PLEASE DON'T SELL...

EVEN WITH A QUARTERLY RUN UP THAT HASN'T BEEN SEEN SINCE 1998!!

WHEN EVERONE IS THIS CERTAIN...? THIS POSITIVE IN THE FACE OF OBVIOUS GLOOM...

IT'S TIME TO HEAD FOR THE HILLS...!

GOLD...ONLY GOLD NOW...

SLOW MOTION DEPRESSION...

WHAT WE ARE SEEING DAILY IS HOW A DEPRESSION STARTS....

REMEMBER, TO THOSE LIVING THROUGH AN EVENT .... IT ALL HAPPENS IN SLOW MOTION...AS DAY TO DAY EVENTS OCCUR...

BUT OFTEN THE RESULT SEEMS PREDESTINED...

AT LEAST FUTURE HISTORIANS WILL SEE IT THAT WAY...

BECAUSE THEY WON'T "GET IT" EITHER...

WE ARE ALL PRISONERS OF THE PRESENT MOMENT...

NOTE THAT NEWSPAPERS FROM THE 1930'S READ LIKE THEY WERE WRITTEN YESTERDAY... WITH ALL OF THE "SCHEMES" AND PREDICTIONS OF AN END TO THE TROUBLES...BY "EXPERTS."

CLEARLY THIS IS NOT A SUSTAINABLE SITUATION...

AT SOME POINT THE ELITES ARE GOING TO GO DOWN FOR THE COUNT...

ALL THIS BAILOUT AND "TOO BIG TO FAIL" BULLSHIT WILL BE FOR NAUGHT...

ONLY THEN WE WILL HAVE THE BEGINNING OF THE END...

BUT THIS BAILOUT CRAP AND FED MONEY PRINTING SIMPLY IS DIGGING THE HOLE DEEPERS...

NOT FALLING "AS FAST" ....REPLACES "BEATS BY A PENNY!"

THE BULLS HAVE A NEW MOJO...

BULLS SEE DOW SOARING IN SECOND HALF...VIDEO PROOF HERE!

AMERICAN SOLDIERS "SITTING DUCKS" IN THE IRAQI DESERT...

WITH THE AMERICAN MILITARY TRAPPED IN THE DESERTS OF IRAQ...LIKE SITTING DUCKS...

YOU HAVE TO WONDER...WHAT IS THE MISSION...?

TO "PRETEND" WE WON...?

TO PRETEND THAT WE STILL OWN IRAQ? ...AND IT'S OIL...?

WILL ANY AMERICAN SOLDIER BE ABLE TO GO INTO THE CITIES OF IRAQ AGAIN...WITHOUT MASSIVE ARMED SUPPORT...?

CLEARLY AMERICAN "GIs" WILL NOT BE WANDERING AROUND BAGHDAD AT NIGHT ON "R&R...!"

THEY WILL BE SITTING DUCKS FOR IRAQI VENGENCE...

HOW AND WHEN WILL AMERICANS BE "ALLOWED" BY THE GREEN ZONE GOVERNMENT TO LEAVE THEIR BASES...

OK...PERHAPS TO KILL MORE "SONS OF IRAQ"...AND OTHER SUNNIS...WHO WERE EMPOWERED "SEPERATELY" BY THE AMERICANS DURING THE SURGE...

BUT WHAT'S THE POINT....?

IT ALL BOILS DOWN TO ONE SIMPLE QUESTION... WHAT'S THE POINT?

TO PRETEND THAT THE BUSH/CHENEY WAR CRIMES DID NOT HAPPEN...?

TO LEAVE WITH "VICTORY"...DUMBED DOWN TO THE VANISHING POINT...?

TO SNATCH A SHED OF DIGNITY FROM THE JAWS OF A STUPID DEFEAT...?

WHAT'S THE POINT...?

MARKETS WILL COLLAPSE IN SECOND HALF...

THE NOTION THAT "THIS" IS A RECOVERY...IS SO BIZZARE...AND SO NONSENSICAL THAT YOU HAVE TO WONDER WHO IS BUY IT...

BUT THEN AMERICANS BOUGHT INTO THE NOTION THAT "THE SURGE" WAS "WORKING"...!

CLEARLY...THE "HONEYMOON HALF" IS ENDING...

OBAMA WAS GIVEN HIS "SPACE" TO WORK ON THE ECONOMY...

AND IN TRUE KEYNESIAN FASHION HE HAS THROWN MONEY AT THE ECONOMY IN AMOUNTS UNHEARD OF IN ECONOMIC HISTORY...

THE BAD PART IS... NONE OF IT IS WORKING...

THE US ECONOMY IS A ZOMBIE...ESSENTIALLY.

IT DOES NOT PRODUCE ANYTHING...EXCEPT OF COURSE ASSET BUBBLES....AND BULLSHIT FOR THE BUBBA STUPIDS.

IT WILL BE IMPOSSIBLE TO JUMP START THE HEART OF THE US ECONOMY...BECAUSE THERE IS REALLY NOTHING TO START UP... ALL THE FACTORIES ARE CLOSED...OR CLOSING...

THERE IS ONLY THE CREDIT CARDS TO LIVE OFF OF...AND THEY ARE SNAPPING SHUT EVERYDAY...

JOBS ARE GONE...WAGES ARE LOW...HOUSING IS IN FREE FALL STILL...

YET WALL STREET CONTINUED TO BULL SHIT IT'S WAY HIGHER...DURING THE OBAMA HONEYMOON...

WELL...STARTING JULY 1ST...

THE HONEYMOON IS OVER...

BULLS CELEBRATE COMING COLLAPSE OF STATE BUDGETS!

CALIFORNIA NIGHTMARE LOOMS...

WALL STREET ECSTATIC...BUY, BUY, BUY...!

SURFS UP...BIG KAHUNNA...

IRAQIS AND IRANIANS CELEBRATE DEFEAT OF US OCCUPATION!

THE JOY THAT IRAQIS AND IRANIANS ARE EXPRESSING TODAY... AT THE DEFEAT OF THE US OCCUPATION OF IRAQ .... IS NOT BEING COVERED IN THE US MEDIA...

AMERICAN OCCUPATION TROOPS WILL NOW BE CONFINED TO REMOTE DESERT LOCATIONS...IN IRAQ.

THE AMERICANS HAVE DONE THEIR JOB...

NAMELY OF EMPOWERING THE IRAN SUPPORTED SHIA GOVERNMENT IN THE BAGHDAD GREEN ZONE...

AND DEFEATING THE MORE "PRO-WESTERN" STYLE SUNNI VERSION OF ISLAM...THAT THE BATHHISTS AND, "CIA EMPLOYEE," SADDAM REPRESENTED.

TODAY IS A GREAT DAY FOR THE SHIA EXTREMISTS....IN IRAN, IRAQ AND GLOBALLY.

THE STUPIDITY OF BUSH AND CHENEY HAS CREATED A WHOLE NEW DYNAMIC IN THE MIDDLE EAST... BUT BUSH AND CHENEY WERE THE SLAVES OF THE NEOCON ZIONISTS ....AS A RESULT

THE ONCE STRONG, DOMINANT AND PRO-WESTERN SUNNIS ARE IN DECLINE...

(SHARON WANTED SADDAM GONE--AND BUSH OBEYED HIS "MARCHING ORDERS")

AND THE SHIA BLOC IS RISING...

NEVER IN THE HISTORY OF THE WORLD AS A SUPPOSED "EMPIRE" SO DIRECTLY FOUGHT TO DEFEAT IT'S OWN INTERESTS...

AND NOW WE WILL HAVE PLENTY OF TIME TO THINK ABOUT OUR IGNORANCE AND THE CRIMINAL STUPIDITY OF BUSH AND CHENEY...WHILE TRAPPED LIKE RATS IN THE HOT IRAQI DESERT...

WHILE THE PRO-IRAN SHIA IN BAGHDAD ARE DANCING IN THE STREETS...

BUT HEY...AMERICA IS A NATION OF MORONS...AND STUPIDITY HAS CONSEQUENCES...AS WE SEE EVERYDAY NOW...

SEPERATELY...YOU HAVE TO FEEL SORRY FOR THE RIGHT WING CABLE FREAKS...THEY ARE EATING SHIT NOW...AND HAVE TO SAY HOW GOOD IT TASTES... THESE PEOPLE ARE PATHETIC...

BERNIE WAS NOT ALONE...

THE VERY NOTION THAT BERNIE "ACTED ALONE" IS SO RIDICULOUS... THAT I CAN'T SEE HOW ANYONE COULD BELIEVE IT...

I MEAN...WHERE WERE THE "TRADES...?"

SURELY SOMEONE NOTICED...

HERE'S WHAT REALLY HAPPEN :

BERNIE, ET AL, ....WERE VERY VERY HIGH UP IN THE WALL STREET SOCIAL CIRCLES...AND BERNIE STILL KNOWS WHERE A LOT OF SKELETONS ARE BURIED...FOR A LOT OF VERY IMPORTANT PEOPLE

HENCE BERNIE HAS "LEVERAGE"... TO "KEEP IT SIMPLE"....

VERY LIKELY BERNIE WILL SIT IN JAIL FOR A COUPLE OF YEARS...

THEN PULL A "JACK RUBY" OR A "KEN LAY"...

THE MEGA-RICH KNOW HOW TO PULL OFF THIS PLOY...

AND LEGALLY... "DISAPPEAR"... WITH HIS BILLIONS...WHERE EVER THEY ARE BURIED...!

IE. LEGALLY DEAD...AND TAX FREE!

IN FACT, I'M SURPRISED THAT BERNIE DIDN'T DO A "KEN LAY" ALREADY!!

IN A COUPLE OF YEARS ...BERNIE WILL BE PARTYING WITH KEN LAY, EVIS AND MICHAEL JACKSON...AT SOME "UNDISCLOSED LOCATION!"

HE'S BAAAACK...! THE SECOND COMING OF STEVE JOBS "AT THE OFFICE"...!

WASN'T A BIG PART OF THE DIGITAL REVOLUTION ABOUT HOW YOU DIDN'T HAVE TO BE "AT THE OFFICE" TO GET WORK DONE...?

THIS NOTION THAT STEVE JOBS SITTING BEHIND A DESK SOMEWHERE...IS SOMEHOW SIGNIFICANT...JUST SEEMS LIKE SO MUCH HYPE...

I MEAN WHAT WAS THE INTERNET FOR...AND ALL THIS BULLSHIT ABOUT "WORK ANYWHERE"...IN THE "NEW ECONOMY...?"

I SENSE A BIT OF HYPOCRISY HERE...

NEVER MIND THE FACT THAT STEVE JOBS IS THE ONLY PERSON IN THE WORLD WHO ...ON HIS DEATH BED COULD SAY...

"I WISH I'D SPENT MORE TIME AT THE OFFICE!!"

SECOND HALF GLOOM: SELL IN JULY AND FLY AWAY....

IF YOU CAN FIND A CHEAP TICKET...

CLEARLY THE 2D HALF WILL NOT BE AS NICE AS THE "HONEYMOON HALF" NOW ENDING...

AND THE ISSUE OF WILL KEYNESIAN SOLUTIONS WORK IN THE US AT THIS LATE DATE IN OUR ECONOMIC DECLINE...WILL HAVE TO BE ADDRESSED...

FOR EXAMPLE IF CONSUMERS "START SPENDING AGAIN"...DOESN'T THAT JUST BE A BIGGER TRADE DEFICIT WITH CHINA...?

AND IF CONSUMERS CAN NOT USED "ASSET BUBBLES" TO GET MONEY...WHERE WILL THE CASH COME FROM? ...CERTAINLY NOT WAGES...OR THE OLD RE-FIs....AND HOUSE "FLIPS!!"

THE 2D HALF OF THIS YEAR COULD BE THE TIME WHEN ALL THE BULLSHIT COMES HOME TO ROOST...

AND THAT'S A TON OF BULLSHIT...!

CASH AND GOLD ARE THE TWO WAYS TO GO...

CORPORATE INSIDERS ARE DUMPING SHARES TO THE RETAIL SUCKERS!

IT'S CALLED "DISTRIBUTION" AND IT ALWAYS HAPPENS IN TIMES LIKE THESE.

THE SMART MONEY SELLS TO DUMB MONEY...

WHAT IS NEVER TALKED ABOUT IS HOW WORKING CLASS AMERICANS LOADED UP ON STOCKS IN 1930 AFTER THE CRASH...BECAUSE THEY SAW A 'BUYING OPPORTUNITY' AND DIDN'T WANT TO "MISS THE BOAT" WHEN THE ECONOMY QUICKLY RECOVERED....!

AND IF THEY HELD UNTIL 1954...THEY WOULD HAVE JUST ABOUT "BROKE EVEN!!"

AMERICA'S POST-KEYNESIAN PERMA-DEPRESSION

A FEW PEOPLE ARE NOTICING THAT THE KEYNESIAN SOLUTIONS TO US ECONOMIC PROBLEMS "AREN'T WORKING"...

WHERE ARE THE JOBS...? WHERE IS THE STIMULUS...?

WELL...THERE ISN'T ANY...AND IT'S NOT GOING TO WORK THIS TIME... HERE'S WHY?

KEYNES SAID THAT STIMULUS AND DEFICIT SPENDING WERE ONLY TO BE USED DURING DOWN TURNS IN THE ECONOMY...AND THAT DURING "NORMAL" TIMES SURPLUSES WERE TO BE ACCUMULATED...

WE DIDN'T DO THAT THIS TIME IN THE US....

THE US ECONOMY WAS ON A CONSTANT DIET OF EASY MONEY AND DEFICIT SPENDING STIMULUS FOR THAT LAST 20 YEARS...!

WHY? PROBABLY TO "PROVE" THAT THE 401K WOULD 'WORK'...AND OF COURSE, WALL STREET AND THE RICH LOVED IT WHILE IT LASTED...SELFLESS FOLKS THAT THEY ARE!

NOW THE EFFECTIVENESS OF "DEFICIT SPENDING" TO STOP A DEPRESSION IS LESS...INDEED, MAY BE NEGATIVE AND HYPER-INFLATIONARY...

SO DON'T EXPECT MUCH FROM THE OBAMA PLANS... THEY SIMPLY WON'T WORK...

BUT REPUBLICANS NEED TO REALIZE THAT THEY WERE THE CAUSE OF THE CURRENT MESS...FROM RAY-GUN TO THE BUSH FAMILY FIASCOES... REPUBLICANS BEAR THE BLAME FOR THE PRESENT STATE OF AFFAIRS...

AND IT IS DOUBTFUL THAT AFTER THE COMING "OBAMA FAILURE" THE AMERICAN PEOPLE WILL FLOCK BACK TO REPUBLICAN LOOTING AND TAX CUTS FOR THE RICH...

AND BESIDES THE BOND MARKET SIMPLY WILL NOT TOLERATE MUCH MORE "KEYNESIANISM" OR "SUPPLY SIDE BULLSHIT" FROM WASHINGTON.

SO WHAT'S NEXT...?

PROBABLY A TYPE OF SOCIALISM... A MANAGED ECONOMY...

NOT UNLIKE THE "MANAGED MARKETS" WE HAVE HAD FOR SO LONG WITH THE FED CONSTANTLY "GOOSING" WALL STREET AND ASSET PRICE BUBBLES...

CLEARLY, THE "OWNERSHIP" OF AMERICAN COMPANIES BY THE GOVERNMENT IS ALREADY CONTINUING APACE...!

MAKE NO MISTAKE THIS IS SERIOUS...AND UNSOLVABLE BY CURRENT POLITICS AND POLICIES...

THE REPUBLICANS ARE A BAD JOKE ECONOMICALLY...

AND OBAMA IS UNWILLING TO "GO FAR ENOUGH" TO SOLVE THE REAL PROBLEMS...

AT LEAST SO FAR... WATCH FOR A STRONG SHIFT TO THE LEFT IN AMERICA AS PEOPLE REALIZE THAT THE SITUATION IS GETTING MUCH WORSE...

THE "NEWS" WILL PROBABLY BE BROKE TO AMERICANS IN THE UNEMPLOYMENT NUMBER WHICH COULD SOAR TO DEPRESSION LEVELS OF 15% BY THE END OF THIS YEAR...WITH THE "REAL RATE" AT OVER 20% OR MORE...!

SIMPLY PUT AMERICA IS A POST-KEYNESIAN ECONOMY AT THIS POINT...

OR ANOTHER WAY OF PUTTING IT: "A BASKET CASE!"

LONG TERM BENEFITS OF SUSTAINABLE HEALTH CARE ARE WORTH THE RISK

JUST DO IT...GO FOR SINGLE PAYER NOW...

OBAMA NEEDS TO IGNORE THE INSURANCE LOBBY AND THEIR SHILLS IN THE REPUBLICAN PARTY...

ONCE THE PUBLIC GETS BEYOND THE REPUBLICAN SCARE TACTICS...AND THEIR BULLSHIT MANTRAS AND SLOGANS.

SINGLE PAYER HEALTH CARE WILL BE AS "UNTOUCHABLE" AS MEDICARE AND SOCIAL SECURITY...

LET THE REPUBLICANS TOUCH THAT "THIRD RAIL" ...IF THEY DARE...

I EVEN SENSE THAT REPUBLICANS COULD LOSE MUCH OF THEIR SOUTHERN "BUBBA STUPID" BASE....IF HEALTH CARE PASSES THIS YEAR...

SO OBAMA NEEDS TO BUCK UP...JUST DO IT...AND DON'T LOOK BACK...

THE MEDIA SHILLS AND THE PUNDITS CAN BE HANDLED... BUT THE DEMOCRATS ARE GOING TO NEED MORE COMPELLING SPOKESPERSONS THAN THE PITIFUL "HARRY AND NANCY" SHOW...!

WENT DID THE DEMOCRATIC PARTY BECOME A BUNCH OF TONGUE TIED BUMBLERS...?

PERHAPS, IT IS THAT OLD "FEAR OF BEING TOO LIBERAL"...

AND THUS.... ALIENATING THE MONEY ELITES....WHO HOLD THE REAL POWER OF THE PURSE IN AMERICAN POLITICS...

BUT THAT HAS TO END NOW...!

EVEN THE RICH ARE ASKING FOR WELFARE STYLE BAILOUTS!!

....JUST DO IT!!

SINGLE PAYER NOW!

GREENSPAN ON GREEN SHOOTS...or, IS IT HYPERINFLATION?

THE GREAT INFLATIONIST SPEAKS...!!

AMERICANS BECOMING LIKE EAST EUROPEANS...?

AMERICANS ARE STARTING TO RESEMBLE EAST EUROPEANS IN THEIR DAILY LIVES...

THE "BUBBLE DAZE" OF SHOP TILL YOU DROP ARE OVER...FINISHED...DONE!

BUT NOW WHAT...?

WELL....APPARENTLY...SOME EURO-STYLE "WINDOW SHOPPING"...AND STROLLING AROUND PARKS...ON MAIN STREETS...PERHAPS STOPPING FOR COFFEE OR BEER...OR A LIGHT LUNCH...

ANYTHING THAT DOESN'T REQUIRE A CREDIT CARD...!

BUT NOT ALL BAD...I SUPPOSE...

HITTING THE MALLS AND THE BIG BOX STORES AND "SLAPPING THE PLASTIC" FOR THE NEWEST GADGETS...SEEMS TO BE OVER...PASSE...FINISHED!

THE PLACES THAT PEOPLE LIKE TO GO FOR "EURO-STYLE" WALKABOUTS ARE STILL QUAINT NEIGBORHOODS...WITH COFFEE SHOPS AND TAVERNS....UNIVERSITY TOWNS...AND PARKS...

THE PARKS, OF COURSE, ARE THE "GREAT ESTATE OF THE PEOPLE."

AND AMERICANS WILL START USING THEM AS A "CHEAP DAY OUT"....VERY SOON.

BECAUSE WHO CAN AFFORD THE GAS TO LEAVE TOWN...!

BUT LOCAL BUMS MAY FIND THIS AUKWARD...! NO MORE SLEEPING ON THE BENCHES WITH YOUR EMPTY 40 OUNCER... NO MORE PISSING IN THE BUSHES...

THE GENTRIFICATION OF AMERICA'S NEGLECTED "CITY PARKS" WILL SET IN WITH THE ECONOMIC DEPRESSION THAT IS NOW DEVASTATING THE AMERICAN ECONOMY...

IN SHORT...AMERICANS ARE BECOMING EAST EUROPEANS...PENNILESS PROMENADERS BY THE THOUSANDS IN THE "PUBLIC SPACES" OF THE NATION... BRUSKERS AND "STREET MUSICIANS" AND "STREET THEATER" ARE EVERYWHERE THESE DAYS...! IT'S ALL SO "EUROPEAN!"

AS UNEMPLOYMENT INCREASES...THIS EUROLAND ATTITUDE OF ..."LIVING WELL ON LITTLE INCOME"...WILL START TO KICK IN BIG TIME...

OF COURSE AMERICANS DON'T HAVE THE "SMALL SHOPS ON SMALL STREETS" THAT EUROPE HAS...THANKS TO "WALMARTIZATION" OF AMERICAN BUSINESS....

BUT THAT COULD CHANGE...AS MORE LONG TERM JOBLESS ARE FORCED TO BECOME "SELF-EMPLOYED."

AMERICANS, LIKE EUROPEANS, WILL BECOME "LESS MATERIALISTIC"...WHICH IS EASY TO DO WHEN YOU HAVE NO CASH...AND YOUR CREDIT CARD HAS BEEN CANCELLED...!!

MORE "RELAXED".... LESS "DRIVEN"...

LOW WAGES AND HYPER-INFLATION WILL DO THAT TO YOU...

OF COURSE THERE IS A DOWN SIDE...

PROBABLY MORE POLITICAL DEMONSTRATIONS...BY THE "FORMERLY MIDDLE CLASS!"

COULD AMERICANS BECOME LIKE "FRENCH FARMERS"...OR GERMAN INDUSTRIAL WORKERS...?"

WELL...MAYBE NOT...AMERICANS DON'T HAVE FACTORIES OR SMALL FARMS ANYMORE...

WE AMERICANS ARE BECOMING THE GREAT PROLETARIAT....! PENNILESS, LANDLESS, AND OUT OF WORK...!!

MARX WOULD BE PLEASED...

MEANWHILE, JUST GRAB A PARK BENCH... AND WATCH THE WORLD GO BUY...JOIN A DEMOSTRATION OR PROTEST... IF YOU WANT.

PRETEND YOU'RE LIVING IN BUDAPEST OR PRAGUE OR MINSK....

BECAUSE THAT'S ALL YOU CAN AFFORD TO DO NOW...

HAVE YOU NOTICED THAT YAHOO'S TRAVEL SITE REALLY SUCKS NOW?

YES, YES, I KNOW IT ALWAYS SUCKED...

BUT NOW IT'S EVEN WORSE...! FAKE PRICES...BAZARRE POPUPS AND FLASH MOVIES...

BAIT AND SWITCH... REALLY BAD... JUST GO TO THE AIR LINES WEB SITES AND DON'T MESS WITH YAHOO TRAVEL...

WALL STREET STILL DRINKING FROM BERNANKE'S PUNCH BOWL.

BUT IT REALLY DOESN'T MATTER...

THE KEYNESIAN "GREEN SHOOTS" ARE NOT GOING TO BLOOM AND ANY REAL SENSE...

THIS ECONOMY IS A ZOMBIE...

THE NEXT INFLECTION POINTS ARE COMING SOON...AND ONLY THEY TELL THE TRUTH ABOUT WHATS HAPPENING...

THE FED HAS SIMPLY SET THE NEXT SUCKER TRAP FOR THE BANKS AND BROKERS...

KRUGMAN TO OBAMA: DUMP REPUBLICANS AND JUST DO IT...!!

GREAT ADVICE FROM KRUGMAN....

THE REPUBLICANS ARE STILL IN THE PRE-CRASH LALA LAND OF "WEDGE ISSUES"....

AND BULLSHITTING STUPID PEOPLE WHO ARE THEIR "BASE"...

AND LOBBYING WITH LIES LIKE THE HARRY AND LOUISE ADS THAT TRASHED THE CLINTON HEALTH CARE PLAN...

IF OBAMA TRIES TO INCLUDED THESE SICK AND DEGENERATE REPUBLICANS ON IMPORTANT ISSUES...OBAMA WILL FAIL MISERABLY....

REPUBLICANS TODAY ARE THE THE RED BAITERS AND MCCARTHYITES OF PRIOR GENERATIONS....

REPUBLICANS NEED TO BE HELD UP FOR PUBLIC CRITICISM AND CONTEMPT...NOT PRAISE OR INCLUSION...

REPUBLICANS NEED TO BE MADE THE BUTT OF JOKES...TO BE LAUGHED AT...TO BE RIDICULED CONSTANTLY FOR THEIR GREED...THEIR OBVIOUS HYPOCRISY...

AND YES...EVEN THE "PURE EVIL" ....THAT THEY CAN REPRESENT AT TIMES...

WHY FOR EXAMPLE ARE REPUBLICANS "ALLOWED" TO LIE OUT RIGHT...IN WAYS THAT NO DEMOCRAT COULD EVER GET AWAY WITH...

WHY ARE REPUBLICAN "MANTRAS" ALWAYS ACCEPTED AS "STARTING POINTS" FOR A DEBATE...WHEN THE MANTRAS ARE CLEARLY UNTRUE...OR AT BEST HALF TRUTHS...?

REPUBLICANS ARE ALLOWED TO MAKE THE MOST OUTRAGEOUS CHARGES...AND THAT'S OK...BECAUSE THEY ARE "CONSERVATIVES"...AND THEREBY HAVE THE SUPPORT OF THE ELITES....

ALL OF THESE THINGS HAVE LEAD TO SOME VERY BIZZARE OUTCOMES...


THE BEST EXAMPLE IS THE ABSOLUTE "FREAK SHOW" OF FOX NEWS....

THE FOX NEWS CONSTANTLY APPEALS TO LOW BROW THINKING....WITH HATE, FEAR AND LIES... NOT A GOOD COMBINATION FOR PUBIC POLICY DEBATE!

THE JOE THE PLUMBERS AND SARHA PALINS OF THE WORLD...WHO THINK "DUMB LIKE ME" IS A LEADERSHIP QUALITY...!

OBAMA HAS A CHANCE TO PUT "BRAINS" BACK INTO THE LEADERSHIP MIX IN AMERICA....

BUT OBAMA NEEDS TO BE MUCH MORE CRITICAL OF THE REPUBLICANS CRANKS AND CRACKPOTS THAN HE HAS BEEN....

CLEARLY...THE MSNBC EVENING "RATIONAL DISCUSSIONS" HAVE ONLY LIMITED EFFECT...

THIS TYPE OF "RATIONAL" PROGRAMING DOES NOT APPEAL TO LESS INFORMED AMERICANS ...WHO NOW WANT THE FREAK SHOW STYLE "INFO-TAINMENT" OF HANNITY AND O'REILLY....THAT IS A FOX SPECIALTY...

I WOULD ADVISE OBAMA AND DEMOCRATS TO USE SHARP HUMOR AND RIDICULE AGAINST THE REPUBILCAN FREAKS...LIKE RUSH, HANNITY, OREILLY ...AND EVEN NEWT AND SOME OF THE CONGRESSIONAL REPUBLICANS ... WHO CONSTANTLY GO THE LOW BROW...OR SPECIAL INTEREST GREED ROUTE...IN POLICY

AS OBAMA HAS DONE LATELY BY POINTING OUT THE INANE AND INSANE REPUBLICAN MANTRAS FOR WHAT THEY REALLY ...

WHAT HAS BEEN THE LIFE BLOOD OF THE REPUBLICAN PARTY .... NAMELY...BULLSHIT! TOTAL BULLSHIT!

BUT ....AT THIS POINT IN TIME... MORE BULLSHIT IS SIMPLY NOT AN OPTION... THE US ECONOMY IS TOO FAR GONE FOR THAT ...

THE DAZE OF GOVERNMENT BY INSANE MANTRAS OR HALF BAKED CONSERVATIVE SLOGANS....IS OVER!!

GET OVER IT ...!

SUCKER TRAP SET...READY TO SPRING...

MICHAEL JACKSON: THIRD "KING OF POP" TO DIE YOUNG...!

ELVIS...LENNON...NOW JACKSON...

YOU MIGHT WANT TO INCLUDED BUDDY HOLLY AS THE BEST PRE-ELVIS "KING OF POP."

PRAVDA ON MICHAEL JACKSON....EARLY WARNING?

DID "SUPER INFECTION" CAUSE JACKO'S DEATH...?

WAIT FOR THE AUTOPSY REPORT ...THERE IS LIKELY MORE TO BE DETERMINED...

STOCKS DO DISTRIBUTION "BABY STEPS" ...THEN THE PLUNGE

...AND WE START OVER AGAIN...

THIS IS A DISTRIBUTION MARKET BEING FINANCED BY THE FED TO GET THE RICH OUT AND THE SUCKERS IN....BEFORE THE FINAL COLLAPSE THIS FALL.

NYT ON "GIZZER CHIC"

WILL PINK TILE BATHROOMS MAKE A COMEBACK...?

WELL NO...TWO THINGS AREN'T COMING BACK... PINK TILE BATHROOMS...AND THE US ECONOMY...

BOTH ARE PERMANENTLY ON THE SCRAP HEAP OF HISTORY...

HANDGUN SALES SOAR...

WHAT IS THE PURPOSE OF THESE HAND GUNS...? WHAT GOOD ARE THEY...?

BERNANKE SMOKING "GREEN SHOOTS" OF RECOVERY

THE FED ONLY SEEMS TO BE TALKING TO NEW YORK BANK CEOS...

GOLDMAN IS PAYING RECORD BONUSES...AND BOFA IS RAISING SALARIES...!

ALL WITH THE BERNANKE BUCKS FROM THE FED...

NOTHING HAS COME DOWN TO MAIN STREET YET..

CAVE MAN MUSIC...

SOONER OR LATER WHILE BANGING ON LOGS AND JUMPING AROUND A CAMP FIRE...SOME CAVE PERSON GOT THE ODD NOTION OF BLOWING INTO A HOLLOW REED...

THUS I ASSUME... DID EARLY HUMANS INVENT MUSIC...AND AN ENTIRE SECTION OF A SYMPHONY ORCHESTRA...

BUT HONESTLY...I HAVE ALWAYS BEEN OFFENDED BY THE NOTION THAT EARLY MAN WAS A LUMBERING LOUT... ALL THUMBS AND STUMBLING AROUND DAZED AND CONFUSED... LIKE A PERSON WITH A PHYSICAL OR MENTAL IMPAIRMENT... (SEE ANY "CAVE MAN" MOVIE FOR PROOF OF THIS)

I SENSE THAT EARLY MAN WAS JUST AS KEENLY AWARE OF HIS SURROUNDINGS AS WE ARE TODAY... PHYSICALLY ADEPT...COORDINATED...AND CURIOUS ABOUT NEW THINGS...

EARLY MAN JUST DIDN'T HAVE THE CHINESE TO MAKE THINGS FOR HIM...LIKE WE DO.

BUY "HIP" HIGH BETA IN THE MORNING...THEN SELL...AND BUY GOLD AT THE CLOSE...

FOR ALL THE CHATTER ABOUT THE "GREEN SHOOTS"...EVERYONE SEEMS TO RUSH BACK TO COMMODITIES...AT THE SLIGHTEST PROVOCATION...

LIKE A MOUSE RUNNING FOR IT'S HOLE IN THE WALL...OR NINE PREGNANT WOMEN FILLING UP THEIR GAS TANKS... OR...SOMETHING ABOUT QUICKSAND...?

FED ASSUMES ROLL AS MARKET TOUT...

THE FED WILL DO ANYTHING TO HAPPY TALK THE MARKET UP...

BUT THAT IS NOT NEW...OR NEWS...!

THE FED HAS BEEN THE ENABLER-IN-CHIEF OF THE LAST HALF DOZEN BUBBLES...

THE ONLY THING DIFFERENT NOW...IS THAT THE FED IS PROVIDING THE LOOTERS AND SPECULATORS WITH FREE MONEY...

BACK IN THE OLDEN DAZE THEY AT LEAST CHARGED AN INTEREST RATE TO THE SPECULATING CLASSES...

MARK THIS WELL...WITHIN THE NEXT FIVE YEARS...THE FED AS WE HAVE KNOWN IT WILL BE ABOLISHED...TOTALLY DISCREDITED...

AND SOMETHING ELSE WILL TAKE IT'S PLACE...PROBABLY WITH A MANDATE TO PROTECT THE "LOCAL ECONOMIES"...AND THE "LOCAL LABOR MARKET"...

THE FED SELL OUT TO WALL STREET AND INTERNATIONAL CAPITAL IS GIVING IT'S SWAN SONG EVERYDAY ....

IT'S CLEAR TO EVERYONE THAT "THIS ISN'T WORKING"...

NO MATTER HOW MUCH THE FED AND THE SHILLS TOUT THE MARKETS...AND HAPPY TALK THE ZOMBIE ECONOMY.

OBAMA SELLS OUT TO REPUBLICANS AND INSURANCE COMPANIES ON HEALTH CARE

ANY HEALTH CARE PLAN THAT THE INSURANCE COMPANIES WILL SUPPORT...WILL ONLY MAKE THE SITUATION WORSE...

THERE IS NO HOPE NOW FOR HEALTH CARE ...OR THE AMERICAN ECONOMY.

OBAMA WILL SELL OUT TO BIG INSURANCE...OR, SIMPLY, NOT PUSH THE CORRUPT DEMOCRATS HARD ENOUGH...

MARK THIS STATEMENT:

AMERICANS WILL NEVER HAVE A NATIONAL HEALTH CARE SCHEME...!

NEVER! IT SIMPLY CAN NOT HAPPEN IN THIS ENVIRONMENT OF COMPLETE CONTROL BY THE WALL STREET ELITES...

FORGET ABOUT HEALTH CARE... IT SIMPLY WILL NOT HAPPEN...

BUT SINCE THE US ECONOMY IS A ZOMBIE...A HOLLOWED OUT SHELL...NONE OF IT WILL MAKE ANY DIFFERENCE IN THE LONG RUN...

THE ONLY HOPE FOR THE US ECONOMY IS A QUICK AND TOTAL COLLAPSE...

THEN AND ONLY THEN WILL THE ELITES BE DISCREDITED AND HEREBY CONTROLLABLE...

OUT OF CONTROL ELITES...LOSE ALL "MORAL HAZARD!!"

THE TOO BIG TO FAIL ELITES HAVE LOST ALL "MORAL HAZARD" NOW...

THEY ARE COCKY...AND BACK TO THEIR OLD LOOTING WAYS... EXCEPT NOW WITH A BOTTOMLESS PIT OF PRINTED MONEY FROM BERNANKE'S FED...AND CONGRESS!!

THE FED AND WASHINGTON HAVE CODDLED THE WALL STREET AND BANKING LOOTERS...AS BEING TOO BIG TO FAIL...

NOW THE ONCE FEARFUL ELITES...HAVE BECOME COMPLETELY CONFIDENT THAT GOVERNMENT BAILOUTS ...AND FREE FED MONEY....WILL ALWAYS PROTECT THEM FROM THEIR BIGGEST MISTAKES...

MORAL HAZARD IS COMPLETELY GONE...!

TOTAL COLLAPSE SEEMS INEVITABLE BEFORE THE END OF THIS YEAR....'

VERY OMINOUS SIGNS ON WALL STREET...

FED WILL NEVER RAISE RATES...BUT MARKETS WILL

THE FED IS PERMANENTLY AT ZERO...AND LESS THAN ZERO ON INTEREST RATES...

THE US ECONOMY IS A ZOMBIE...IT WILL NEVER "RECOVER"....THE US ECONOMY WAS COMPLETELY BUBBLE DEPENDENT...AND CAN NOT SURVIVE OUTSIDE OF THE BUBBLE ENVIRONMENT...

LIKELY INTERNATIONAL CENTRAL BANKS AND INVESTORS...WILL START PULLING THE PLUG ON THE US ECONOMY SOON...

PERHAPS A RETURN TO THE NOTION THAT "ALL ECONOMIES ARE LOCAL"...

WHICH IS TRUE...WHEN THINGS GO HORRIBLY WRONG AT THE MACRO LEVEL.

ECB FOLLOWS FED INTO HYPER-INFLATION.

BANKS LOOTING AGAIN...THIS TIME WITH FED HELP

THE HIDDEN SECRET IS THAT THIS DEPRESSION HASN'T EVEN START YET...

AND IS FAR FROM "OVER...."

BERNANKE'S FLAWED VIEW OF KEYNESIAN ECONOMICS...IE "CURE ONE BUBBLE WITH ANOTHER BUBBLE"...WILL BE APPARENT SOON.

THE REAL ECONOMY WILL CONTINUE TO PLUNGE ...AS IT HAS...NON-STOP.

THE PAPER ASSET ECONOMY WILL START TO ROLL OVER AGAIN ....AS BERNANKE'S NEWLY "PRINTED MONEY" IS LOOTED FROM THE SYSTEM...YET AGAIN...BY THE ELITES AND THE BIG BANKS AND BROKERS...

TOO BIG TO FAIL BANKS...LOOTING THE TREASURY NOW!!

THE "TOO BIG TO FAIL" BANKS LOOTED THE GENERAL ECONOMY FIRST...

NOW ...THANKS TO THE FED...THEY ARE LOOTING THE US TREASURY!

ALL IN HOPES OF "BRINGING BACK THE BUBBLES"....WHICH IS THE SOLE BASIS OF THE US ECONOMY NOW...

BUT LOOTING IS STILL LOOTING... AND BUBBLES ARE STILL BUBBLES...

LIKELY NONE OF THE LOOTING WILL TRICKLE DOWN TO THE REAL ECONOMY...

MORE TROUBLE AHEAD...

MORE HUGE BONUSES FOR THE TOO BIG TO FAIL BANKS!!

BECAUSE IF THEY ARE TOO BIG TO FAIL...?

WHY SHOULD THEY WORRY...? THE GOVERNMENT WILL ALWAYS BE THERE TO PRINT MORE MONEY...

LET THE BONUSES CONTINUE...

AMERICANS SHOULD JUST GIVE UP ON THEIR ECONOMY...THE AMERICAN ELITES ARE STILL LOOTING...

AND THEY WON'T STOP UNTIL THE US ECONOMIC COLLAPSE IS TOTAL...COMPLETE AND IRREVERSIBLE.

FED CONTINUES TO "PRINT MONEY" IN HOPES OF A NEW BUBBLE

GOOD LUCK...

BUT I THINK THE FED WILL GET IT'S HYPER-INFLATION EVENTUALLY...

IT APPEARS THAT THE ONLY REASON THE FED CAN PRINT SO MUCH MONEY...IS THAT SO MUCH "PHANTOM MONEY" HAS "DISAPPEARED" FROM THE BUBBLE ECONOMY...

THERE IS LIKELY MUCH LESS "NET WEALTH" ON BALANCE SHEETS NOW THAT BEFORE THE CRASH...

AND THE FED IS HELL BENT TO "PRINT" BACK THAT "PAPER WEALTH"...

SADLY MOST OF IT WILL GO TO THE BANKS...AND THE MEGA RICH...FIRST...!

LITTLE WILL TRICKLE DOWN TO THE REAL ECONOMY ANY TIME SOON...AND THAT COULD MEAN A LONG SLOW JOBLESS AND CONSUMERLESS RECOVERY...

THE ASSET BUBBLES ARE ALMOST A SURE THING HOWEVER... AT LEAST IN STOCKS AND OTHER PAPER LIKE BONDS...

REAL ESTATE COULD TAKE LONGER...

STEVE JOBS: BACK ..."AT THE OFFICE"... BUT WHY...?

STEVE JOBS IS THE ONLY PERSON WHO WILL SAY ON THEIR DEATH BED :

"I WISH I HAD SPENT MORE TIME AT THE OFFICE...!"

THE REST OF US CAN "WORK FROM HOME" ...OR ANYWHERE...BECAUSE OF THE TECHNOLOGY THAT JOBS AND OTHERS PERFECTED IN THE '90'S....

IT'S CALLED THE INTERNET... YOU MAY HAVE HEARD OF IT...

USING THE INTERNET...PEOPLE CAN "WORK FROM ANYWHERE...!"

MAJOR WALL STREET TRADERS NOW OPERATE OUT OF MONTANA.. OR WYOMING...

NO NEED TO BE IN A BIG CITY...OR IN A CENTRAL OFFICE...

THE INTERNET LIBERATED THE WORKFORCE SO THAT THE OFFICE BECAME LESS IMPORTANT...

BUSINESS COULD BE DONE ANYWHERE... EVEN ON AN APPLE COMPUTER...OR I-PHONE...!

NO ONE IS A SLAVE TO THE OFFICE ANYMORE...!

ALL EXCEPT STEVE JOBS...!

HE'S BACK "AT THE OFFICE" APPARENTLY...

BUT WHY...?

DOESN'T THIS "AT THE OFFICE" NONSENSE....GO AGAINST EVERYTHING JOBS AND OTHERS HAVE BEEN WORKING FOR ALL THESE YEARS...?

KRUGMAN ON THE GRAND DELUSION...

THE COMING GEOPOLITICS OF PROTECTIONISM...

NICE DISTRIBUTION DAY...JUST ENOUGH SUCKERS TO KEEP THE FLOAT WELL BID.

A COUPLE MORE DISTRIBUTION DAYS...AND THE NEXT LEG DOWN CAN KICK IN...

THE OBAMA ECONOMY...

REPUBLICANS, THE TOUT TV SHILLS AND FOX NEWS SEDITIONISTS... ARE EAGER TO SADDLE OBAMA WITH THE CURRENT ECONOMY WHICH THEY TRASHED OVER THE LAST MANY YEARS...

OK..FINE...BUT CONSIDER...

IF OBAMA CAN NOT RAISE THIS ZOMBIE ECONOMY FROM THE DEAD...THEN WHAT...?

SOME OF THE TOUTS ON FOX AND TOUT TV AND OTHER CABLE "HATE CHANNELS"...SEEM TO THINK THAT AMERICANS WILL TURN BACK TO THE REPUBLICANS AND WALL STREET LOOTERS...NOW DISCREDITED...!

BUT WILL THEY.... FOR WHAT! MORE MANTRAS? MORE SLOGANS? MORE HATE THE WORLD POLITICS...?

IF OBAMA FAILS TO REVIVE THIS PITIFUL EXCUSE FOR AN ECONOMY...WHAT WILL THE REPUBLICANS HAVE TO OFFER AS AN ALTERNATIVE...?

RIGHT NOW THEY ARE TOO WILLING TO BASH OBAMA 24/7...WITHOUT OFFERING ANYTHING SUBSTANTIVE....

WHAT FROM REPUBLICANS...

MORE TAX CUTS FOR THE RICH... CUTS IN SOCIAL PROGRAMS AS THE PEOPLE FALL OUT OF THE SAFETY NET...AND MORE AND MORE ARE UNEMPLOYED AND HOMELESS..

MORE OFF SHORING OF JOBS TO CHINA AND INDIA...FOR THE SHORT TERM ADVANTAGES TO AMERICAN PROFITS...EVEN AS THE DOMESTIC ECONOMY COLLAPSES.

WHAT DO THE "HATE OBAMA" ELITES AND MEDIA SHILLS HAVE TO OFFER...

WHAT IS NEWT'S PLAN...OR SANTORUM'S....OR RUSH'S...OR THE ZIONISTS AND THE NEOCONS ON TOUT TV AND FOX... OR ANY OTHER OF THE FAILED AND DISCREDITED LOOTERS OF THE LAST 20 YEARS...?

WHAT IS THEIR PLAN...? TELL US...AND DO IT IN BULLSHIT FREE TERMS...NO MANTRAS! TELL US ABOUT THE TRADE DEFICIT AND HOW YOU WOULD CURE IT...?

OK....

HERE'S WHAT MAY REALLY HAPPEN...IN, SAY...TWO YEARS...OR EVEN AROUND THE MID TERM ELECTIONS.

IF THIS ECONOMY DOES NOT TURN AROUND...IF IT IS TRULY A "DEAD ECONOMY" ...AS I THINK IT IS...

THE AMERICAN PEOPLE MAY DEMAND A VERY CONFISCATORY SOCIALISM... PEOPLE WILL DEMAND A TYPE OF GOVERNMENT THAT MORE RESEMBLES THE EXTREME FAR LEFT...

THAN THE CENTER RIGHT OR RIGHT WING OF THE REPUBLICAN PARTY...

SO THE REPUBLICAN ELITES HAD BEST RE-CONSIDER WHAT THEY ARE HOPING FOR FROM OBAMA...

BECAUSE IF OBAMA DOES FAIL...

THERE WILL BE HELL TO PAY FOR THE REPUBLICAN ELITES...INTERNATIONAL CAPITAL...AND THE OTHER LOOTERS WHO SEEM ONLY TO OFFER THE AMERICAN PEOPLE...

MORE MANTRAS...AND FREE TRADE BULLSHIT...

PERHAPS IT IS THE OBAMA ECONOMY NOW...

BUT IF HE FAILS...THE MOVE WILL BE TO THE LEFT...NOT TO THE RIGHT AS MANY OF THE FOX NEWS MORONS NOW THINK...

WHO'D BUY STOCK GOING INTO THIS "HISTORIC" 3D QUARTER...

AMERICA MAY EXIT THE COMING 3D QUARTER AS A COMPLETELY DIFFERENT ECONOMY...!

MAKE NO MISTAKE...2009 WILL BE HISTORIC...THE SEEDS ARE IN THE GROUND...

THE "GREEN SHOOTS" ARE STARTING TO SHOW...BUT THEY COULD BE SOMETHING VERY DIFFERENT THAN WHAT TOUT TV AND WALL STREET ARE EXPECTING...

THE HARVEST WILL BE FROM SEPTEMBER UNTIL THE END OF THE YEAR...

PUBLIC SECTOR UNIONS NEED TO BE STOPPED.

INSURANCE COMPANIES...WALL STREET ....AND INTERNATIONAL CAPITAL ARE NOT THE ONLY ENEMIES OF THE PEOPLE...

INCLUDE MANY PUBLIC SECTOR UNIONS IN THAT GROUP...THEIR NEGOTIATIONS STARTING FROM MONOPOLY POSITIONS IS UNFAIR TO CITIZENS AND TAXPAYERS...

PUBLIC SECTOR UNIONS ARE ESSENTIALLY EXTORTION RACKETS.... AGAINST THE GOVERNMENT...

IF DEMOCRATS WANT TO TURN AMERICAN OPINION AWAY FROM THE GOVERNMENT IS "ALWAYS BAD" NOTIONS...

PUBLIC SECTOR UNIONS NEED TO HAVE THEIR POWER CUT BACK DRASTICALLY.

PROFIT TAKING ON EVE OF THE "SEPTEMBER QUARTER"

THE END OF THE FIRST HALF OF THE YEAR IS AT HAND...AND THE FED ASSET INFLATION HAS DONE WONDERS...

IN A FEW DAYS THE START OF THE 3RD...OR...."SEPTEMBER QUARTER" WILL BEGIN...AND FEW WANT TO HANG AROUND TO SEE WHAT DISMAL NEWS THAT WILL HOLD...

THE 2D QUARTER "BULL MARKET" WAS ALL HONEYMOON, HAPPY TALK AND HYPE...WITH THE FED ENGORGING WALL STREET WITH MONEY...AND APPARENTLY HUGE BONUSES WILL NOW BE PAID...BECAUSE OF IT!

THE 3D QUARTER WON'T BE SO LUCKY...

THE 2D QUARTER WAS A ONE-OFF LAPSE INTO THE FANTASYLAND OF POST KEYNESIAN ECONOMICS...OR PSEUDO-ECONOMICS AS DESPERATELY INTERPRETED BY THE FED.

THAT FANTASY WILL SOON END...

WILL FOX NEWS "ABATE THE HATE...?"

IT'S HARD TO SEE HOW FOX NEWS...TOUT TV...AND OTHER "OBAMA BASHERS" CAN CONTINUE THEIR INSANITY FOR TOO MUCH LONGER...

AS THE NATION FACES CRISIS...THESE BACK STABBERS, GRIPERS, ...AND COMPLAINERS...ARE UNDERMINING THE ECONOMY AND THE NATION WITH EVERY SNEAR OF THE LIP...

AND IT'S NOT EVEN "AS IF" THEY ARE MAKING ANY SENSE...'

THE FOX HATE SQUADS MOSTLY BLATHER OUT ANYTHING THAT POPS INTO THEIR SMALL HEADS...

ITS NEVER WELL THOUGHT OUT...JUST MANTRAS, SLOGANS AND BULLSHIT...

THE BEST EXAMPLE BEING ANN COULTER WHO JUST SEEMS TO HAVE AN INSANE AND OUT OF CONTROL HATRED FOR THE AMERICAN PEOPLE...

SOONER OF LATER THEY WILL NEED TO: ABATE THE HATE!!

AND BECOME PART OF THE SOLUTION... NOT THE PROBLEM!

WHY SHOULD ORDINARY AMERICANS...WHO ARE THE MAIN AUDIENCE FOR THESE FOX "HATE FESTS"...

AND WHO GENERALLY WHAT THE NATION TO RECOVER....CONTINUE WATCHING AMERICA DRAGGED IN THE MUD BY THE FOX NEWS HATERS ....AND THEIR WALL STREET AND ZIONIST BACKERS...?

WHAT WILL "ECONOMIC RECOVERY" LOOK LIKE...?

EVERYONE TALKS ABOUT AN ECONOMIC RECOVERY IN THE US...BUT NO ONE WANTS TO DESCRIBE IT...

WHY?

FOR THE LAST 10 TO 15 YEARS..."RECOVERY" IN THE US HAS BEEN THE START OF SOME KIND OF ASSET BUBBLE...

MOSTLY ON WALL STREET BUT RECENTLY IN THE REAL ESTATE MARKET...

MEANWHILE, THE US CORPORATIONS HAVE CONTINUED TO OFF SHORE PRODUCTION JOBS...AND EVEN TECH JOBS... THEREBY "GUTTING" THE PRODUCTIVE CAPACITY OF THE US ECONOMY TO "EXPORT".... CREATING THE SO CALLED "STRUCTURAL TRADE DEFICIT."

LIMITING THE US TO EXPORTING NOTHING BUT ASSET BUBBLES AND FINANCIAL PAPER...MUCH OF WHICH WAS NOT WORTH THE PAPER IT'S WRITTEN ON...

TO SOME EXTENT... BERNANKE'S "RECOVERY" IS LIKE HITLERS "PHANTOM DIVISIONS" AT THE END OF THE WAR...

IT'S WISHFUL THINKING...DELUSIONAL PLANNING... IT'S THE ECONOMICS OF FANTASY...!

IF BERNANKE'S RECOVERY PERFORCE IS "ANOTHER ASSET BUBBLE"...?

WHAT WILL BE CURED...?

ALL OF THE TOXIC STRUCTURAL PROBLEMS IN THE US ECONOMY WILL STILL BE THERE...OR GETTING WORSE...BECAUSE OF ALL THE MONEY PRINTING...

BENANKE IS LIKE THE DOCTOR THAT GIVES A 300 POUND PERSON BLOOD PRESSURE AND CHOLESTEROL MEDICINE...BUT DOES NOT MENTION "LOSING WEIGHT!!" AS A TREATMENT OPTION...

IT'S ALMOST "AS IF"...WE CAN'T DO THAT...

AS IF THE US ECONOMY SIMPLY MUST GO FROM BUBBLE TO BUBBLE...LIKE A FAT PERSON GORGING AND THEN POPPING PILLS TO STOP THE SYMPTOMS....

OBAMA'S HEALTH CARE PLANS...ATTACK THE ROOT OF THE PROBLEM... GET HEALTH CARE OFF THE BACKS OF AMERICAN BUSINESS... THROW THE 1000 INSURANCE COMPANIES OVERBOARD...WITH THEIR PAPERWORK AND RED TAPE...AND CONSTANT DENIALS OF COVERAGE...!!

OBAMA IS CURING THE PROBLEMS IN THE US ECONOMY...

BERNANKE IS PAPERING THEM OVER...WITH...WELL, MORE PAPER!!

WALL STREET TRADES (HIGHER) (LOWER)...JUST BECAUSE.

HEY... IT'S WALL STREET... AND THAT'S JUST THE KINDA STUFF THOSE PEOPLE DO...THEY CAN'T HELP IT...

SO FORGET ABOUT IT...

IT'S MEANINGLESS...AT LEAST UNTIL SEPTEMBER...

THE DAWG DAZE DRIFT HAS STARTED...

401K ...THE PENSION "JUDAS GOAT" NOW ENDING...

THE 401K DID IT'S JOB... AND IT SHOULD BE ENDING SOON...

THE 401K WAS THE VEHICLE BY WHICH AMERICAN COMPANIES ELIMINATED THEIR DEFINED BENEFIT PENSION PLAN...

MOST AMERICANS ARE COVERED BY NOTHING BUT SOCIAL SECRURITY NOW...

AND IF THE FOX NEWS "ANTI-OBAMA" SHILLS HAVE THEIR WAY...SOCIAL SECURITY WILL BE ABOLISHED IN THE NEXT ELECTION...

BUT WHO REALLY GAINS FROM THE MASS IMPOVERISHMENT OF THE AMERICAN CONSUMER...

PERHAPS INTERNATIONAL CAPITAL...PERHAPS THOSE WHO ONLY THINK SHORT TERM AND FOR "THEIR OWN ACCOUNT...?"

NEW CIVIL WAR IN IRAQ...AS AMERICANS ARE CONFINED TO THE DESERT!!

WHEN DID ANTI-AMERICANISM BECOME "HOT" ON CABLE NEWS?

THE ANTI-OBAMA SCREAMING IS ALL OVER THE CABLE NEWS SHOWS...

WITH THE POSSIBLE EXCEPTION OF EVENING MSNBC PROGRAMING...

AMERICANS SEE A VERITABLE "OBAMA HATE FEST" ON FOX AND TOUT TV...24/7...

AND ALSO ON MOST OF CNN...

THEN THERE IS THE MSNBC "MORNING JOE" OBAMA HATE FEST...

FINALLY, THE CRANK COMMENTS OF LOU DOBBS...WHO ALSO THINKS THAT "HATE OBAMA" IS A RATINGS WINNER.

IT IS TRULY AMAZING THAT THE AMERICAN PEOPLE...MOST OF WHO ARE INCREDIBLY STUPID...ARE STILL STICKING WITH OBAMA...

PERHAPS MANY OF THEM REALIZE THAT THE WALL STREET/ZIONIST MEDIA HAVE BEEN DUPING THEM FOR YEARS...WHO BULLSHIT "WEDGE ISSUES"....

...ALL TO CONTINUE THE LOOTING BY THE ELITES AND INTERNATIONAL CAPITAL...

BUT AFTER SEPTEMBER...SOME OF THE "BRIGHTER" BUBBAS MAY HAVE REALIZED THAT THE US CABLE MEDIA WERE OFFERING THEM PURE BULLSHIT....24/7.

THAT STILL LEAVES A VAST SEA OF AMERICAN STUPIDS FOR FOX ET AL TO WORK ON...

WITH THEIR "HATE OBAMA"...AND "AMERICA IS DOOMED" AGENDA...

DOES THIS ACTUALLY SELL ADVERTISING...? I DOUBT IT...

I'D ALMOST RATHER WATCH ANYTHING BUT MORE "HATE" ON CABLE NEWS SHOWS LIKE FOX AND TOUT TV...

ESPN, HISTORY...EVEN THE WEATHER CHANNEL IS MORE INTERESTING NOW...

SOLSTICE BOREDOM SETTING IN...

THE PROBLEM WITH THE MARKETS AND THE NEWS CYCLE THESE DAZE IS THAT IT'S ALL SO DAMN DULL...

WE ALREADY KNOW EVERYTHING...

THE FED IS PRINTING MONEY...

AND OBAMA IS RESPONSIBLE FOR EVERYTHING BAD IN THE WORLD ACCORDING TO FOX NEWS...WHO KEEP TELLING US THIS...OVER AND OVER AND OVER AND OVER...

WE NEED HEALTH CARE REFORM...BUT WE CAN'T HAVE IT BECAUSE OBAMA IS EVIL...!

IT WON'T WORK...IT'S TOO EXPENSIVE...

AND "EVIL" OBAMA WANTS TO TAKE GRANNY'S HEARING AID AWAY...BECAUSE IT'S A "GOVERNMENT PROGRAM"...!

AND...DID I MENTION THAT HE'S A DICTATOR....AND A SOCIALIST AND A MUSLIM?

OBAMA OPPOSES THE IRANIAN PROTESTORS BECAUSE HE IS FIXATED ON "SITTING DOWN WITH" THE CURRENT MULLAH GOVERNMENT IN IRAN...

THIS IS THE "KRAUTHAMMER/ZIONIST" FOX FALLACY DU JOUR....

WE ALSO NEED TO TAKE GRANNY'S SOCIAL SECURITY CHECK AWAY TOO .... BECAUSE IT'S A GOVERNMENT PROGRAM...ACCORDING TO FOX...SO THAT'S ALL OK TOO...

AND WE'D RATHER CRASH THE ECONOMY THAN ALLOW OBAMA ANYTHING HE WANTS...TO CORRECT THE ABUSES OF 20 YEARS OF REPUBLICAN/WALL STREET LOOTING.

YES...THE FED IS PRINTING MONEY....

AND OBAMA IS PURE EVIL ... ACCORDING TO FOX NEWS...

BUT NOW WHAT...?

TALK ABOUT DULL...! OR IS IT JUST REPUBLICAN/FOX STUPIDITY ON STEROIDS!!

IS THE MAGIC OVER...?

RALLIES BASED ON MAGIC OR "SENTIMENT" ARE ALWAYS SUSPECT... BUT WALL STREET DOES THESE RALLIES WELL IN HARD ECONOMIC TIMES...

CHANCES ARE THAT THE SENTIMENT AMONG WALL STREET'S "20-SOMETHING" MONEY RUNNERS IS THE KEY...

BUT THAT MAY HAVE SHIFTED IN THE LAST WEEK...

OR MAYBE, THE GROWN-UPS ARE TAKING OVER...AND TAKING PROFITS... AFTER SEEING THE IRRATIONALITY OF THE MARKETS FOR THE LAST THREE MONTHS. TOTALLY "UN-HIP!"

THESE YOUNG MONEY RUNNERS ON WALL STREET LIKE GOOGLE AND APPLE...BECAUSE IT RELATES TO "THEIR LIVES" DIRECTLY...

IT'S HIP...

WE OFTEN HEAR ABOUT "HIP TECH"...GOOGLE, APPLE, AMAZON AND RIM... AS OPPOSED TO "UN-HIP TECH?" ....MICROSOFT, CISCO AND YAHOO...?

AND THESE "HIP" STOCKS BECOME ALMOST CULT PICKS...AMONG THE YOUNG MONEY RUNNERS OF WALL STREET.

...WITH THE FATE OF STEVE JOBS AT APPLE HOLDING THE "MAGIC KEYS"...SORT OF LIKE THE RETURN OF MERLIN FROM HIS PIT OF DISPARE...

BUT THESE SAME MONEY RUNNERS...HATE AMERICAN AUTOS AND OTHER US COMPANIES... THEY LOVE OIL BUT HATE NAT GAS... AND LIKEGOLD BUT ONLY A LITTLE...BECAUSE IT'S NOT "HIP" ENOUGH FOR THEM...

CLEARLY, THERE IS AN IMPRESSION THAT... IF THESE YOUNG MONEY RUNNERS ..."LIKE SOMETHING" ...THEY WILL BUY IT...

BID IT UP... STRICTLY BECAUSE IT'S "HIP."

BUT AS WITH MOST THINGS NOT BASED ON REALITY AND REASON...THERE ARE LIMITS.

AND WE MAY BE AT THE LIMITS NOW.

BEEKEEPERS RUN AMUCK IN NEW YORK CITY!!

AHHH...BACK TO NATURE...

FOX NEWS NOW REVEALS...!! OBAMA IS "PURE EVIL"....

JUST LISTEN TO FOX NEWS BITCH ABOUT OBAMA!!

AND ...DON'T WORRY THAT YOU MIGHT HAVE MISSED IT...

IT'S CONSTANT...24/7...NON-STOPPED... NEVER ENDING OBAMA BITCHING...!!

MY GOD...!

FOR FOX NEWS TO BE SO TEDIOUS...AND SO STUPID...MUST BE HARD TO PULL OFF DAY AFTER DAY AFTER DAY...!!

DRAGGING IN WASHED UP REPUBLICANS FROM THE 90'S... NEWT, SANTORUM, DELAY...AND OTHERS WHO AREN'T IN PRISON YET..."AS IF" THEY HAVE SOMETHING CONSTRUCTIVE TO SAY...!

FOX NEWS CHANNEL SHOULD COME WITH A BARF BAG ATTACHED TO THE TV SET...LIKE AN AIRPLANE SEAT...!!

THESE PEOPLE ARE UNREAL...AND SO VERY PATHOLOGICALLY SICK...

WHY IS THIS FOX NEWS BULLSHIT EVEN ALLOWED ON THE PUBLIC AIR WAYS...?

IS THERE NO PROTECTION FOR THE AMERICAN STUPIDS...?

FOX NEWS PROVES THAT IT IS POSSIBLE TO BE SO STUPID .... THAT THE LINE TO "PURE EVIL" IS CROSS...? BUT AS LONG AS IT'S PRO-WALL STREET AND PRO-ZIONIST...I GUESS IT WILL PASS IN AMERICA TODAY.

BREAKING NEWS FROM FOX: "OBAMA RESPONSIBLE FOR EVERYTHING BAD!!"

ONLY REPUBLICANS, ZIONISTS AND BORN AGAINS...ARE "DOING THE RIGHT THING!"

GEE, NOW WE CAN ALL GO HOME AND SIMPLY TURN THE NATION OVER TO THE FOX NEWS BIMBOS...!!

WHODA THUNK IT WOULD ALL BE THAT EASY...!!

SIMPLY AVOID DEMOCRATS AND PROGRESSIVES AND ALL WILL BE WELL...THE WORLD WILL BE "GOOD" AGAIN...EVIL IN THE WORLD WILL DISAPPEAR...!

IT'S ALL SO SIMPLE FOR FOX NEWS...

ALL SO SIMPLE... THE WALL STREET RICH AND ULTRA-RIGHT ZIONISTS ARE GOOD...AND MUSLIMS AND DEMOCRATS ARE BAD...

WHAT MORE DO YOU NEED TO KNOW...?

THIS WOULD BE THE BEST OF ALL POSSIBLE WORLDS...!

IF ONLY... WE WOULD FOLLOW THE FOX NEWS "BLOND-BIMBO-WORLD-VEIW"...

OK....TRY THIS...?

FIRST "NEW RULE"...?

LIP GLOSS...!

LOTS OF IT...!

AND OF COURSE THAT WONDERFUL FOX "TRADE MARK"....

A BLANK SLACK-JAWED FACIAL EXPRESSION... WHENEVER...A "PROGRESSIVE" IS SPEAKING...

A VARIATION OF IT IS SORT OF LIKE HOW YOU'D LOOK...IF YOU JUST STEPPED IN DOG SHIT...

AND THE BEST WAY TO "DEBATE" A PROGRESSIVE?

IS SIMPLY ROLLING YOUR EYES...INTERRUPTING CONSTANTLY...SCREAMING IF NECESSARY

...A/K/A "THE COULTER GAMBIT"...

THEN QUICKLY CUTTING AWAY TO A COMMERCIAL.

IT WORKS EVERY TIME...!

AND CLEARLY SHOWS HOW DUMB PROGRESSIVES ARE FOR EVEN COMING ON FOX NEWS...!

IF AMERICANS BUY INTO THE FOX NEWS BULLSHIT WORLDVIEW...THEY DESERVE TO FAIL!!

AND MY HUNCH IS THAT THEY WILL...

STEVE JOBS NEEDS TO KNOW WHEN TO SAY WHEN...

RIGHT NOW...IF I WERE IN MR JOBS' SHOES...

ANOTHER DAY AT THE OFFICE WOULD NOT BE MY FIRST PRIORITY...

TRUST ME...THE OFFICE WILL STILL BE THERE LONG AFTER YOU'RE GONE...AND IN SIX MONTHS...NO ONE WILL REALLY CARE...WHERE YOU ARE...

TIME IS THE ESSENCE...OF YOUR CONSCIOUSNESS...USE IT WISELY.

REPUBLICANS SACRIFICE IRAN FREEDOM ...FOR CHEAP POLITICAL POINTS AGAINST OBAMA!

IF THE IRANIAN PROTESTS FAIL...

THE REPUBLICANS WILL BE TO BLAME... REPUBLICANS HAVE BEEN PLAYING POLITICS SINCE THE START OF THE PROTESTS...

REPUBLICANS REALLY "ENABLED" IRAN WITH THE WAR IN IRAQ...WHICH BASICALLY GAVE THE IRANIANS CONTROL OF THE GREEN ZONE THROUGH THEIR SHIA BROTHERS IN IRAQ...

THUS EMPOWERED...BY BUSH AND CHENEY...

NOW IRANIAN YOUTH AND THE MIDDLE CLASS WANT THEIR RIGHTS EXPANDED TOO....SINCE THE WAR MENTALITY IN IRAN IS GONE WITH SADDAM OUT...AND IRAN EFFECTIVELY IN CONTROL OF THEIR OLD ENEMY...IRAQ!

BUSH AND CHENEY HAVE BEEN THE GIFT THAT KEEPS ON GIVING TO THE IRANIAN PEOPLE...

ALL WE CAN SAY IS POWER TO THE PEOPLE... DESPITE THE CHEAP SHOTS BY REPUBLICANS TO STOP THE IRANIAN YOUTH FROM ACHIEVING THEIR DREAMS...

REPUBLICANS ADVISING IRANIAN MULLAHS ON ELECTION FRAUD!!

FOX NEWS IS PARADING ALL THE "HAS BEEN" REPUBLICANS ...WHO WERE INVOLVED IN THE DISPUTED BUSH vs GORE "STOLEN ELECTION" ...

THE DISASTER THAT PUT AMERICANS ON THEIR DOOMSDAY PATH FOR EIGHT DISASTEROUS YEARS OF DUBYA/CHENEY AND CO...

THE FOX NEWS NEOCONS ARE DESPERATE TO BRAND THE IRANIAN PROTESTORS AS "ZIONIST TOOLS"...AND STOOGES OF THE AMERICANS...

HENCE, THERE HAS BEEN A MARKED DECLINE IN PROTEST TODAY...

AS THE IRANIAN YOUTH REALIZE THAT THEY ARE BEING USED AS TOOLS OF THE LIKES OF CHARLES KRAUTHAMMER...

AND OTHERS IN THE ISRAELI ULTRA-RIGHT... THEY WILL STOP THEIR PROTESTS...

IF FOX NEWS ....THE REPUBLICANS AND THEIR ZIONIST CONTROLLERS...HAD JUST KEEP QUIET...AND ALLOWED OBAMA TO USE HIS GOOD WILL WITH THE ARAB STREET...

REAL CHANGE MIGHT HAVE OCCURRED...

FOR SOME REASON FOX NEWS AND THE ISRAELI'S DECIDED THAT THIS WAS NOT GOING TO BE ALLOWED...

SO THEY, IN EFFECT, "QUEERED" THE PROTESTS BEFORE THEY COULD DO ANY GOOD...

BUSH GAVE THE IRANIANS IRAQ... BUSH EMPOWERED IRANIANS IN THE REGION... BUSH WAS THE GIFT THAT KEPT ON GIVING...TO IRAN AND IRANIANS...

NOW...FINALLY FOX AND THE REPUBLICANS HAVE DECIDED TO PULL THE RUG OUT FROM UNDER THE IRANIAN PEOPLE...

WHAT A PITY...!

BUT IT MAY BE TOO LATE TO DO ANY GOOD...

FOX NEWS CALLS IRANIAN PROTESTERS "OBAMA STOOGES!!"

FOX NEWS HAS BEEN TRYING TO BRAND THE IRANIAN PROTESTERS... AS "OBAMA STOOGES".... AND "ZIONIST TOOLS!"

THE ZIONIST JOURNALIST, KRAUTHAMMER, ON FOX NEWS IN THE US...HAS COMPLETELY ADOPTED THE IRANIAN PROTESTERS IN THE NAME OF ZIONISM AND ISRAEL...AND HE WANTS OBAMA TO DO THE SAME...!! BUT WHY? WHAT IS TO BE GAINED...

WISELY OBAMA REFUSES TO INTERFERE IN THE INTERNAL AFFAIRS OF IRAN...IN THE WAY ISRAELIS ROUTINELY DO...!!

FOX IS CONSTANTLY EGGING OBAMA ON TO "SUPPORT" THE PROTESTORS...WHICH WOULD EFFECTIVLY MAKE THEM "OBAMA STOOGES" AND "ZIONIST TOOLS" IN THE EYES OF THE ARAB AND MUSLIM WORLD...!

WHY DOES FOX SUPPORT THE MULLAHS...?

WHY DOES FOX WANT THESE PROTESTS TO FAIL...?

WHO HAVE THE MULLAHS "PAID OFF" IN THE US MEDIA...?

FOX AS DONE EVERYTHING POSSIBLE TO MAKE THESE PROTESTS INTO A "ZIONIST FOREIGN POLICY" EVENT...

FOX TOTALLY IGNORES THE FACT THAT THESE ARE IRANIANS PROTESTING AGAINST THEIR OWN GOVERNMENT...

THESE PROTESTORS ARE NOT THE AMERICAN AND ZIONIST STOOGES THAT FOX MAKES THEM OUT TO BE...

YET AGAIN... FOX NEWS SIDES WITH THE ENEMIES OF AMERICA!! YET AGAIN!!

IRAQ CIVIL WAR WILL RESTART...AFTER AMERICANS ARE IN THE DESERT.

THIS IS SO OBVIOUS THAT IT'S AMAZING THE US MEDIA DOESN'T SEE IT COMING... PERHAPS JUST WISHFUL THINKING...

BASICALLY...IRAQ COULD "REVERT" TO THE SITUATION JUST AFTER BAGHDAD FELL...AND THE SADDAM STATUE WAS TOPPLED...AS THE SHIA CRIMINAL GANGS CELEBRATED THEIR "LIBERATION" BY BUSH...

BUT A REVERSION TO PURE CHAOS...IS NOT A "RESULT" AMERICANS WANT TO SEE AFTER 7 YEARS OF WAR, THOUSANDS KILLED... AND BILLIONS SPENT...

THE NEW IRAQI CIVIL WAR COULD BE THE GREAT 'UNTOLD' STORY OF 2009...AS YET.

BUT 2009 HAS A LONG LONG WAY TO GO...!

COLD WAR "NUKE INSANITY" MAY BE ENDING....

THE VERY NOTION OF NUCLEAR WAR IS SO OUTRAGEOUS, SO REPUGNANT...

SO CONTRARY TO THE VERY PURPOSES OF WAR ITSELF...THAT IT DESERVES TO BE PUT ON THE SCRAP HEAP OF HISTORY...

THE PROBLEM IS THAT ANY EXCHANGE OF ATOM BOMBS WOULD SIMPLY BE SUICIDAL...

THERE WILL SIMPLY BE NO WINNER...

WORSE, THE LAST ONE STANDING WOULD BE THE BIGGEST LOSER...WITH A DESTROYED INFRASTRUCTURE OR EVEN PLANET...AND THE GLOBAL SOCIETY IN SHAMBLES...CHAOS WILL BE THE SPOILS OF WAR.

BUT REMEMBER THERE WAS ALWAYS FROM ANCIENT TIMES A CERTAIN HONOR AMONG WARRIORS...

GOING TO WAR WAS RESTRICTED TO THE ELITE CLASSES...TO THE NOBILITY...

SLAVES WERE NEVER ALLOWED IN BATTLE...EXCEPT AS REAR GAURD SUPPORT...

THE WARRIOR CLASS HAS IT'S OWN CODE OF HONOR...AS WELL AS THE "LAWS OF WAR"...WHICH THEY FOLLOWED...

AFTER WORLD WAR I...GAS WAS BANNED FROM WARFARE...AND ALL SIDES FOLLOWED THE BAN...EVEN TO THE BITTER END OF WORLD WAR II.

LIKEWISE THE USE OF ATOMIC BOMBS MAY SOON BE BANNED...

BECAUSE THE WARRIOR CLASS HAS A VESTED INTEREST IN MAKING WAR:

"FUN AGAIN!"

US ENTERS PERMA-RECESSION...or, "THE NEW NORMAL!"

CONSIDERING THE MASSIVE STRUCTURAL PROBLEMS IN THE US ECONOMY... I REALLY DON'T SEE HOW THE CURRENT RECESSION "ENDS"....

THIS RECESSION WAS NOT CYCLICAL...IT WAS NOT CAUSED BECAUSE THE FED "TOOK THE PUNCH BOWL AWAY".... INDEED JUST THE OPPOSITE...

IT WAS CAUSED BY THE FED TRYING TO "JUICE" THE ECONOMY BEYOND ALL REASON...AND EVENTUALLY LAPSING INTO "BUBBLENOMICS"....BUBBLES FORVER...WAS THE NAME OF THE FED GAME FOR ABOUT THE LAST 15 YEARS...!

BUT HERE IS THE TOXIC PART:

WHILE THE FED WAS BUBBLING...AND WALL STREET WAS LOOTING...

THE REAL ECONOMY IN THE US WAS BEING DISASSEMBLED...AND SHIPPED OFF SHORE...MOSTLY TO CHINA AND INDIA...BUT ALSO TO MEXICO AND OTHER PARTS OF ASIA...

THIS IS SIMPLY UNDENIABLE...

SO NOW THE FED IS TRYING TO USE "NORMAL" KEYNESIAN "TOOLS" AND OTHODOXY TO "JUMP START" AN ECONOMY THAT IS SIMPLY A SHELL.... IT'S HOLLOW...THERE IS NOTHING TO JUMP START...

OK...YOU CAN GIVE CONSUMERS FREE MONEY AND TELL THEM TO SPEND IT...(ON GOODS MADE IN CHINA)...

BUT WHEN THAT IS OVER...IT'S BACK INTO THE SOUP....

AMERICAN CONSUMPTION WITHOUT PRODUCTION IS SIMPLY DRAINING THE BLOOD FROM THE ECONOMY EVERY MONTH...EVERY YEAR...

HENCE THIS BLOODLESS "ZOMBIE ECONOMY" WE HAVE TODAY...

ANOTHER SCARY PART IS THAT THE FED AND WASHINGTON ARE ACTING "AS IF" THERE WAS NOTHING WRONG...

AND THAT THIS IS JUST ANOTHER CYCLICAL RECESSION...SAME OLD SAME OLD...

WELL...IT'S NOT...

AND THAT IS THE LAST SCARY PART...

IF YOU DON'T EVEN KNOW THE QUESTION...?

HOW CAN YOU EVER GET THE RIGHT ANSWER...?
.

DOW CHART: AS IF ANYONE CARES...OR IT REALLY MATTERS.

IT JUST DOESN'T MATTER...

THE US ECONOMY ISN'T SICK...IT'S DEAD!

HAS ANYONE NOTICED THAT THE US ECONOMY IS ACTUALLY A ZOMBIE...?

IT'S TOTALLY HOLLOWED OUT...IN WAYS THAT NO OTHER ECONOMY IN HISTORY HAS BEEN ALLOWED TO BECOME...

THE US "STRUCTURAL" PROBLEMS ....IN TRADE...FISCAL...AND MONATARY "EXCEPTIONALISM"....HAS CREATED A BIZARRE "ILLUSION" OF AN ECONOMY...WHERE THERE ACTUALLY IS NONE...

OR AT LEAST NOTHING "SUSTAINABLE."

ESSENTIALLY...WHAT WE ARE DOING NOW IS PRESCRIBING ECONOMIC "MEDICINE" FOR WHAT IS BASICALLY A CORPSE...

EVEN IF THE "MEDICINE" "WORKS"...AS BY GOOSING STOCK PRICES...OR SOME CONSUMER SPENDING...

IT'S ALL TEMPORARY...BECAUSE THERE IS NOTHING UNDER THE HOOD...! THE HEART IS MISSING IN THIS ZOMBIE...!

THERE IS SIMPLY NO PRETEXT OF AN UNDERLYING ECONOMY TO "JUMP START"...

IT'S GONE...

THERE IS NO HEART TO "DEFIB" WITH LOW RATES...

THERE IS NO ENGINE IN THE CAR...JUST A HOLLOW SPACE WHERE THE ENGINE WAS ONCE...THE MANUFACTURING AND PRODUCTION SECTOR OF THE ECONOMY IS SIMPLY "MISSING".... IT'S ALL IN CHINA OR INDIA ...OR WHERE EVER... ANYPLACE BUT HERE!

LIKELY WE WILL FLAIL ABOUT FOR A WHILE...LIKE SOME FRANKENSTEIN MONSTER BEING JOLTED WITH LIGHTENING FROM THE FED...

BUT AS THINGS START TO "CRATER" WITH MORE FREQUENCY....

THE JOBLESS...CONSUMERLESS...AND PRODUCTIONLESS...US ECONOMY WILL BE EXPOSED FOR WHAT IT REALLY IS....

SOON... THE NOTION OF A "DEAD ECONOMY" IN THE US WILL START TO BE DISCUSSED...OPENLY.

WE ARE ABOUT SIX MONTHS AWAY FROM ANOTHER CATASTROPHE...WITH THE FIRST SIGNS OF IT LIKELY APPEARING IN SEPTEMBER...

UNTIL THEN...WE SIMPLY "DISTRIBUTE" STOCKS TO THE SUCKERS WHO STILL THINK THEY ARE "MISSING THE BOAT...!"

KRUGMAN: ON BANK FAILURES THEN AND NOW.

DESPERATE AMERICANS BULLSHITTING ABOUT THE FUTURE

SOONER OR LATER THE BULLSHIT IS GOING TO END...AND GRIM REALITY IS GOING TO HIT THE FAN...

AMERICANS NEED TO REALIZE THAT THEY DON'T REALLY HAVE A FUTURE...

IT WAS ALL LOOTED AWAY BY WALL STREET AND INTERNATIONAL CAPITAL... HISTORICALLY...THESE THINGS HAPPEN... ESPECIALLY WENT PEOPLE START ACTING ONLY ON SELF INTEREST...AND "THE PUBLIC GOOD" BECOMES OPTIONAL...OR PASSE ESPECIALLY FOR THE ELITES...

SURELY YOU HAVE NOTICED THAT EVERYTHING IS BULLSHIT NOW...JUST LISTEN TO FOX NEWS, TOUT TV...OR THE MEDIA ASSHOLE LOU DOBBS...

DO YOU NEED ANYMORE PROOF...?

SO , JUST GIVE UP ASSHOLES...

I'M SORRY....YOU LOST...IT'S OVER!!

GET OVER IT...

BUSH AND CHENEY DESERVE CREDIT FOR "IRANIAN REVOLT!"

IN AN ODD WAY BUSH AND CHENEY AND THEIR WAR ON SADDAM...ARE BEHIND THE CURRENT REVOLT IN IRAN...

BY ELIMINATING SADDAM...BUSH ELIMINATED A KEY ENEMY OF THE ISLAMIC STATE OF IRAN...

AND NOT ONLY THAT BUSH HANDED IRAQ OVER TO THE IRAQI SHIA...WHO ARE PRO-IRANIAN...!!

THE SHIA "VICTORY" IN IRAN...IN EFFECT, FREED AND EMPOWERED THE IRANIAN PEOPLE TO GET OUT FROM UNDER THE HARSH "MULLAH STATE"...THAT WAS CAUSED BY THE CIA SUPPORT OF SADDAM...BACK IN THE 70'S...AFTER THE REVOLUTION IN IRAN!!

BASICALLY, BUSH GAVE IRAN AND THE IRANIAN PEOPLE EVERYTHING THEY COULD HAVE EVER ASKED FOR FROM THE US...

AND THEN SOME!!

BUSH HANDED THE IRANIAN PEOPLE BACK THEIR RESPECT! AND THEIR DIGNITY IN THE REGION...THE IRANIAN PEOPLE ARE NOW FREE OF SADDAM AND THE PRO-WESTERN PRO-US SUNNIS AND BATTHISTS...!

AND NOW THE IRANIAN PEOPLE WANT THEIR STATE BACK AS WELL...!!


WELL DONE MR CHENEY...!! YOU HAVE DONE A GREAT SERVICE TO THE IRANIAN PEOPLE...!!

LETS GIVE CREDIT WHERE CREDIT IS DUE...!!

POWER TO THE IRANIAN PEOPLE...THANKS TO BUSH AND CHENEY...WHO WERE THE GREAT EMPOWERERS OF IRAN!!

ELTIES "TALK THEIR BOOK" ...AS REAL ECONOMY COLLAPSES.

THE ELITES ARE TALKING THEIR BOOK...AND BASHING OBAMA...EVEN AS THE ECONOMY CONTINUES TO COLLAPSE...

CURIOUSLY, IF YOU HATED THE ELITES...AND WANTED AMERICA TO FAIL...YOU WOULD BE A SUPPORTER OF THE ELITE "FOX AGENDA" OR THE TOUT TV WORLDVIEW...!

THE "AMERICA HATING" LIBERALS...IF THEY WERE TRUE AMERICA HATERS ...SHOULD BE SUPPORTING THE FOX NEWS HATE AGENDA...AND THE GREED IS GOOD OF TOUT TV...AND MOST OF CNN AND OTHER MEDIA SHILLS FOR THE ELITES...

I AM OF TWO MINDS ON THIS...

I WANT OBAMA TO SUCCEED...BUT I WOULD ALSO LIKE TO SEE THE ELITES WHO LOOTED THE NATION...BROUGHT DOWN...

SO AS THE ELITE SHILLS....TWITTER AND GIGGLE ....ABOUT THE COMING FAILURE OF OBAMA...

I SAY BRING IT ON...!

LET IT RIP...

ONLY A MAJOR COLLAPSE CAN "CURE" THE AMERICAN ECONOMY...

YET IT IS POSSIBLE THAT THE ELITES ALSO KNOW THIS...AND ARE SECRETLY HOPING OBAMA SUCCEEDS...

FOR EXAMPLE...THE HEALTH CARE ISSUE...

YOU DO NOT NEED TO GO FAR IN CABLE TV LAND TO FIND THE ELITE SHILLS WARNING ABOUT "REFORM" OF HEALTH CARE...OR "SOCIALIZED MEDICINE"....

BUT THESE VERY ELITES ARE GOING TO PAY FOR THE FAILED SYSTEM WE HAVE NOW...OR THE BETTER SYSTEM THAT GOES TO SINGLE PAYER AND GETS THE POOR OUT OF THE EMERGENCY ROOMS...!

SURELY THE ELITE TOUTS...SEE THAT THE CURRENT SYSTEM IS HEADING FOR COLLAPSE...WITH ONLY BIG INSURANCE AND BIG PHARMA...BENEFITING FROM THE CONTINUED DESTRUCTION OF THE GENERAL ECONOMY VIA A FAILED HEALTH CARE REGIME...

SURELY THEY SEE THIS...

DO THEY EVEN CARE NOW...?

THE US ECONOMY IS A HOLLOWED OUT SHELL...THERE IS NOTHING LEFT...

PERHAPS THE ELITES ARE PLANNING TO DEPART SOON...TO MOVE ON TO SOME OTHER PLACE...

LEAVING THE AMERICAN "FOX NEWS" STUPIDS TO FIGURE OUT WHAT HAPPEN...

OR WHETHER ANYONE REALLY CARES...

OBAMA UNLEASHES MARKETS...!! BY REGULATING THEM...!

HEY...IT'S SORT OF A "ZEN THING"...

BUT IT'S TRUE...

THE QUESTION IS : IS IT TOO LATE...?

THE NEW MARKET KOAN IS:

YOU CAN ONLY GO FORWARD ... BY GOING BACK...?

AND WHEN YOU FIGURE THAT OUT?

YOUR "NEW REGULATOR" WILL BEAT YOU SENSELESS WITH A PIECE OF BAMBOO...THUS PROVIDING "ENLIGHTENMENT"...

JUST ANOTHER LAZY DISTRIBUTION DAY ON THE STREET...

SELLING TO ALL THE SUCKERS WHO "MISSED THE BOAT..."

BUT ALAS, NOT THE COMING PLUNGE...!

THEY ALWAYS LINE UP FOR THE OPPORTUNITY TO LOSE MONEY...RIGHT ABOUT NOW!

WILL RUSSIANS TIE RUBLE TO THE PRICE OF OIL...?

CLEARLY RUSSIA...AMONG OTHERS... WANT OUT OF THE DOLLAR DENOMINATED GLOBAL ECONOMY...

THE NOTION OF DOLLAR EXCEPTIONALISM...IS SO...40'S AND 50'S...

WAY BACK WHEN EUROPE AND ASIA WERE STILL A SMOLDERING RUIN...

IT WOULD NOT BE SHOCKING IF THE RUSSIANS TIED THE RUBLE TO SOME COMMODITY PRICE...OR SOME BASKET OF COMMODITIES...

CLEARLY FAITH IN CENTRAL BANKS...LIKE THE FED... HAS BEEN GREATLY DAMAGED BY THE RECENT CRISIS...WHICH WAS A LONG TIME COMING...

BACK IN THE 70'S WHEN SOMETHING SIMILAR HAPPEN...VOLCKER PUT THE US PRIME RATE TO 20% AND DELIBERATING CAUSED A HUGE RECESSION...!

BUT THAT TYPE OF POLICY MINDSET SEEMS PASSE NOW...IMPOSSIBLE REALLY!

SO THE ERA OF CENTRAL BANK BASED MONEY MAY BE ENDING...

WITH A RETURN TO SOME MORE "REAL ECONOMY" BASED CURRENCY...

WATCH THE FOR A "BRIC" BEING THROWN THROUGH THE WINDOW OF THE ANGLO-EUROPEAN BANKING SYSTEM....

THE OUTSIDERS WANT A PLACE AT THE TABLE...

AND THEY WANT TO LAY A WREATH ON THE GRAVE OF BRETTON WOODS...SOON...ASAP!

WE SUPPORT THE OTHER JEW HATER IN IRAN...

YOU KNOW THE OTHER GUY WHO WANTS NUKES FOR THE MULLAHS...? WHAT'S HIS NAME...?

THE LESS ANTI-AMERICAN GUY...? YOU KNOW...OR ...MAYBE NOT...

SO WHY THE HYPER-VENTILATING IN US CABLE MEDIA...?

THE WORST IS YET TO COME...FED HAS ONLY MADE MATTERS WORSE!!

ANY OBSERVER OF THE LAST SIX MONTHS WOULD BE HARD PRESS TO EXPLAIN WHAT HAPPEN...

YES ..."THE SYSTEM" WAS FLOODED WITH DOLLARS...

DESPITE IT'S ALREADY "SUFFERING" FROM HYPER-LIQUIDITY AND OBSCENE LEVERAGE ALL ALONG...

TRUE... SOME OF THE BUBBLE VALUATIONS OF ASSETS HAD "DISAPPEARED"...

BUT THE INESCAPABLE CONCLUSION FROM THE LAST SIX MONTHS...HAS TO BE THAT :

THE WORST IS YET TO COME...

THE LAST SIX MONTHS HAVE BEEN A STUDY IN DENIAL AND DESPERATION...NOT SOUND POLICY...

THE FED "MISTAKE" OVER THE LAST SIX MONTHS...OF TRYING TO CURE A BUBBLE ECONOMY.... WITH MORE LIQUIDITY WILL BE STUDIED FOR CENTURIES...

DENIAL AND DESPERATION ARE NOT REALLY "POLICIES!"

AS WE SHALL SOON DISCOVER...

FROM RALLY TO REALITY IN ONE WEEK...! OBAMA HONEYMOON OVER?

THE RUN UP WAS ALL SENTIMENT...AND TOUT TV HYPE...

NONE OF IT WAS REAL...

TIME FOR REVERSION TO REALITY...BUT THAT IS GOING TO BE A TOUGH ONE...

THE OBAMA "HONEY MOON" ON WALL STREET IS OVER...

THEY CAME ...THEY SAW...THEY SCREWED UP...!

OBAMA INHERITED A ZOMBIE ECONOMY AFTER 20 YEARS OF RAY-GUN-OMICS....

WILL THE PUBLIC WANT TO GO BACK TO THE REPUBLICANS...

NO WAY...

THE AMERICAN PUBLIC WILL WANT MORE "SOCIALISM" THAN ANYONE NOW CAN EVEN IMAGINE...

LOVE THIS BULLSHIT QUOTE OF THE DAY:

"Although there are plenty of analysts looking for a big correction in equity markets it does not necessarily mean that it will happen and perhaps those calling for a correction are the ones that missed the rally," said Mitul Kotecha, an analyst at Calyon Credit Agricole. "Nonetheless, equity market momentum is fading fast."

YEAH RIGHT, IT'S ALL 'SOUR GRAPES'...!

CHINA BUYS THE WORLD....WITH "WASTING" DOLLARS...!

THE CHINESE WANT TO "USE UP" THEIR VAST DOLLAR HOARD .... WHILE THEY CAN STILL GET SOMETHING FOR IT...!

CLEARLY CHINA IS NOT INTERESTED IN HOLDING THE "ABSTRACT" US DOLLAR...SUCH AS IN US BONDS....

THEY WANT A TANGIBLE OBJECT....A COMPANY...A COMMODITY...

YES, YOU CAN "DENOMINATE IT" IN DOLLARS...OR NOT...AS YOU LIKE.

BUT THE DOLLAR PER SE IS A "WASTING ASSET" FOR THE CHINESE...

SPEND IT OR LOSE IT...

JUST LIKE THOSE WIEMAR "WORKERS" ...WHO HAD TO BE "PAID" AT LUNCH TIME ....

SO THEY COULD SPEND THEIR "EARNINGS" BEFORE EVENING...BECAUSE MORE DEVALUATION WOULD KICK IN BY THE NEXT DAY...

AMERICAN STUPIDITY HAS CONSEQUENCES...

THE STUPIDITY OF THE AMERICAN PUBLIC IS LEGENDARY...

BUT STUPIDITY HAS CONSEQUENCES AS THE AMERICANS ARE NOW LEARNING...

ESSENTIALLY, THE US ECONOMY IS NOT GOING TO "COME OUT" OF THIS DEPRESSION...

THERE HAS BEEN A PARADIGM SHIFT IN THE GLOBAL ECONOMY...AND THE AMERICANS ARE STILL IN DEEP DENIAL...

THE AMERICANS DO NOT MANUFACTURE "THINGS" ANYMORE... THEY ONLY "PRODUCE" ASSET BUBBLES AND PRINTED DOLLARS...WHICH THEY EXPECT THE WORLD TO ACCEPT WITHOUT QUESTION...

BUT HEY, WHAT'S NOT TO LIKE...

THE "DOLLAR AS GOLD" THEORY IS FINALLY FINISHED...

BRETTON WOODS: R.I.P. 1945-2008....!

BRETTON WOODS IS FINALLY DEAD...EVEN THE 1971 "ZOMBIE DOLLAR" HAS BEEN BLOW AWAY ...

THE DOLLAR IS PLAYING BY THE SAME RULES AS THE ZIMBABWE CURRENCY NOW...

AND NEITHER ARE WORTH THE PAPER THEY ARE PRINTED ON...

IT'S HARD TO FEEL SORRY FOR AMERICANS...BECAUSE THEY ARE GETTING ONLY WHAT THEY DESERVE...

A CRASHED ECONOMY

AND A BOGUS AND DEVALUED CURRENCY....

THE OPERTIVE NOTION ON WALL STREET SEEMS TO BE THAT THE WORLD "HAS NO CHOICE" ....BUT TO ACCEPT THE WORTHLESS US DOLLAR...

SO WALL STREET CAN CONTINUE LOOTING THE GLOBAL ECONOMY...

STUPIDITY HAS CONSEQUENCES ....AND THE AMERICANS ARE IN FOR A RUDE AWAKENING... AND A LOT SOONER THAN MOST PEOPLE THINK...

MY HUNCH IS THAT THE DOLLAR CRISIS GOES TOXIC...THIS YEAR!

REMEMBER SIX MONTHS IS AN ETERNITY ON WALL STREET...

THE BOOZE DEBATE...

MAYBE DRINKERS JUST HAVE MORE FUN...?

AND ARE LESS WORRIED AND UPTIGHT...NOT AFRAID TO UNWIND...?

AND AS TO THESE TEETOTALERS...WHAT ARE THEY AFRAID OF...WHAT ARE THEY HIDING...?

THE NOTION THAT THIS ISSUE IS STILL AN ISSUE IS ODD...

I MEAN DIDN'T THEY THINK OF THE "OTHER FACTORS" BEFORE...?

FORGET ABOUT THE "EXIT STRAGEGY"....MY QUESTION IS: "WHAT'S THE POINT?"

EVERYONE IS TALKING ABOUT AN EXIT STRATEGY FOR THE FED...

BUT THERE IS AN EVEN MORE IMPORTANT QUESTION...? TO WIT:

"WHAT'S THE POINT...?"

THE FED IS GOING TO "CURE" EASY MONEY ...WITH EVEN EASIER MONEY... WHAT'S WRONG WITH THAT PICTURE...?

REMEMBER, NO ONE EVER "TOOK THE PUNCHBOWL AWAY"...AT ALL...THIS TIME!!

HAS ANYONE NOTICED THAT THIS IS ALL A LITTLE NUTS...?

EASY MONEY AS A CURE FOR TOO MUCH EASY MONEY...

PERHAPS A RATE HIKE...IN THE FACE OF THE DEPRESSION IS WHAT WILL REALLY TURN THE MARKETS AROUND...IT WOULD SURELY SEND OIL AND GOLD PRICES TUMBLING...! AND SHUT UP THE "BRIC" COUNTRIES COMPLAINS ON THE DOLLAR...

WHAT WE SHOULD BE WORRYING ABOUT... IS NOT THAT WE MAY NOT HAVE THE RIGHT ANSWERS...

BUT RATHER, MUCH WORSE...

WE MAY NOT EVEN BE ASKING THE RIGHT QUESTIONS...!

IRAN: LIKE PRAGUE IN 1968...?

PERHAPS A BIT...

THE YOUNG IRANIAN PUBLIC IS SICK AND TIRED OF THE OLD ORDER...

30 YEARS OF MULLAHS IS LONG ENOUGH...AND IT'S NOT EVEN "AS IF" THEY ARE DOING A GOOD JOB...THEY AREN'T...

THE FACT THAT IT IS STUDENTS AND THE MIDDLE CLASS THAT IS IN THE STREETS IS ENCOURAGING...

THE MIDDLE CLASS IS ALWAYS THE "MOST DANGEROUS" CLASS...

WALL STREET SOUNDS "ALL CLEAR" FOR SUCKERS...

BUT WILL THE RETAIL SUCKERS "BUY THE DIP"...?

THIS MARKET IS STARTING TO SEEM A BIT SURREAL...

THE WORD "DENIAL" ALSO COMES TO MIND...

"SURREAL DENIAL...?" MY GOD! ....THAT'S IT!

IT'S ALL JUST SURREAL DENIAL!

AMERICAN ECONOMY NEEDS A "HEART TRANSPLANT!"

THE INTERESTING FALLACY OF THE OBAMA "RECOVERY" IS THAT IT ASSUMES THAT THE AMERICAN ECONOMY HAS A BEATING HEART...

BUT THE BEATING HEART OF THE US ECONOMY IS NOW IN CHINA...BECAUSE THAT'S WHERE ALL THE PRODUCTION IS...

THE AMERICAN ECONOMY WAS COMPLETELY DOMINATED BY CONSUMPTION BASED ON "INCOME" FROM THE VARIOUS SERIAL ASSET BUBBLES... ...UP UNTIL SEPTEMBER 2008...!

AM I LYING ABOUT THIS ..? NO! ...AND EVERYONE KNOWS IT!

BUT THE DIVIDE BETWEEN THE CHINESE ECONOMY AND THE US ECONOMY IS NOW PRECARIOUS...

BY "STIMULATING CONSUMPTION" WE SIMPLY HELP THE CHINESE ECONOMY...NOT THE AMERICAN ECONOMY...BECAUSE AMERICANS DO NOT MAKE WHAT THEY CONSUME...

SIMPLY PUT...THE AMERICAN ECONOMY CAN NOT BE DE-FIBRILATED BY KEYNESIAN ECONOMICS...BECAUSE THERE IS NOTHING THERE TO DE-FIB...!!

THE ECONOMIC "HEART" IS MISSING... IT'S A ZOMBIE ECONOMY...PERHAPS THE WORLD'S FIRST!!

WHEN THE FACTORIES ARE "TRANSPLANTED" BACK TO AMERICA...THEN KEYNESIAN STIMULUS CAN WORK...

OBAMA IS TRYING TO DE-FIB A ZOMBIE ECONOMY IN AMERICA... AND IT JUST ISN'T GOING TO WORK...

WHAT WILL WORK...?

FRANKLY, AT THIS POINT...WE NEED SOME WAY TO "RAISE THE DEAD"...

AND I'M NOT BETTING ON THAT ANYTIME SOON...!!

THERE IS NO CURE FOR BEING 85 YEARS OLD...!

ONE REASON THAT THE US SPENDS SO MUCH ON HEALTH CARE AND GETS SUCH POOR RESULTS....IS THE TENDENCY FOR SPENDING TO BE CONCENTRATED ON THE TERMINALLY ILL...

THERE IS NO CURE FOR BEING 85 YEARS OLD....OR HAVING TERMINAL ILLNESSES...FOR WHICH THERE IS NO RECOVERY POSSIBLE...

YET WE TREAT THE ELDERLY AND THE TERMINALLY ILL "AS IF" THERE WAS..."A CURE."

THUS, BILLIONS ARE SPENT ON PROCEEDURES THAT ARE SIMPLY NOT GOING TO DO ANY GOOD...

THE HOSPITAL ICUs ARE A CASH COW FOR THE MEDICAL SPECIALISTS...WHO ARE PRESCRIBING AND PERFORMING PROCEEDURES THAT EXTEND LIFE BY A FEW WEEKS...

BUT WITH NO REALISTIC HOPE FOR A RECOVERY...AND CERTAINLY NO HOPE FOR A QUALITY LIFE...AFTERWARDS.

IN AMERICAN ICU's ---"JUST OXYGENATIING TISSUES"--- IS THE GOAL...NOT CURING THE PATIENT...

MANY PEOPLE ARE "CURED" TO THE POINT OF BECOMING LONG TERM "VEGETABLES" WHO ARE THEN TRANSFERED INTO THE NURSING HOME SYSTEM...

NEVER MIND THAT THIS IS A TERRIFYING EXPERIENCE FOR THE ELDERLY OR TERMINALLY ILL "VICTIMS"....AND THEIR FAMILIES...

SOME "END OF LIFE" RATIONING...OF "HEROIC" OR "USELESS" PROCEDURES ON THE TERMINALLY ILL WOULD BE AN IMPROVEMENT...

AND WOULD CUT BILLIONS FROM THE AMERICAN HEALTH CARE DEBACLE...

THIS IS WHERE THE OLDER ROLE OF THE FAMILY DOCTOR ...AND RELIGION COME INTO PLAY...

SOMETIMES IT'S JUST BETTER TO LET GRANDMA "GO WITH JESUS"...

THAN TO OPT FOR THE GASTRIC FEEDING TUBE AND THE RESPIRATOR...UNTIL TOTAL ORGAN COLLAPSE ... OR ICU INFECTION "DO THEIR THING...!"

IN A VERY REAL SENSE...MANY ELDERLY AND TERMINALLY ILL PATIENTS ARE BEING "TORTURED TO DEATH" IN AMERICAN HOSPITALS TODAY...ALL FOR THE BENEFIT OF THE FEE FOR SERVICE PROVIDERS...

OBAMA REDEFINING US ECONOMY....

THE OBAMA REVOLUTION IS NOTHING LESS THAN A TOTAL RE-DEFINITION OF THE US ECONOMY...

THE OLD BUBBLE DAZE WERE THE END OF AN ERA...

THE GREAT DIVIDE BETWEEN WHAT WAS AND WHAT MUST BE...WAS 2008.

EVERY SO OFTEN THE COUNTERS HAVE TO BE SET BACK TO ZERO...NO MATTER HOW HARD THE ELITES SCREAM...

THAT IS ESSENTIALLY WHAT IS HAPPENING NOW... THE PRIOR ECONOMY WAS SIMPLY UNSUSTAINABLE...

WHAT COMES NEXT IS THE ONLY QUESTION...

WHATEVER COMES NEXT MUST BE SUSTAINABLE...AND REASONABLY FAIR TO ALL INVOLVED...

THE REVOLT OF THE ELITES THAT STARTED WITH RAY-GUN...HAS ENDED... AND ENDED BADLY AS EXPECTED...

BUT THERE IS NO GOING BACK...AND SOME PEOPLE ARE HAVING A VERY HARD TIME WITH THAT...

FOX NEWS: THE HATE AMERICA FIRST CHANNEL....

THE EXTREME NEGATIVITY COMING OUT OF THE FOX NETWORK HAS GOT TO BE EFFECTING VIEWERS...

MOST FOX VIEWERS ARE LOWER INCOME...AND LESS EDUCATED...AND LESS WILLING TO ENGAGE IN ANTI-AMERICAN THINKING...

YET ALL FOX OFFERS THEM IS THE ELITE "HATE OBAMA" AGENDA...

WORSE, FOX IS CONSTANTLY RAILING AGAINST THE VERY PROGRAMS THAT DEMOCRATS AND PROGRESSIVES ARE HOPING WILL BENEFIT THE TYPICAL FOX NETWORK VIEWER...

HEALTH CARE, JOBS SECURITY, A SOLID SOCIAL SAFETY NET...

YET ALL FOX OFFERS THESE VIEWERS IS COMPLAINTS ABOUT GOVERNMENT "INTERFERING" IN WALL STREET CEO EXCESSIVE PAY...MORE FREE TRADE...AND THE JOYS OF ASSET BUBBLE SPECULATION...AND THE NEED TO LOWER TAXES ON THE RICH...

IT'S VERY HARD FOR MANY PROGRESSIVES TO IMAGINE THOSE IGNORANT MASSES IN REPUBLICAN RED STATE "BUBBALAND"...BANGING TO TABLE IN FAVOR OF THIS OBVIOUSLY ELITE AGENDA...

OK...YES, BUBBA IS STUPID...BUT IS HE REALLY THAT STUPID!

IF SO...THAT'S JUST SCARY! IF SOMEONE IS "SCARY STUPID...."

WHEN ARE THESE FOX NEWS STUPIDS JUST GOING TO TURN THE CHANNEL...AND MOVE TO ESPN...OR EVEN MSNBC'S EVENING PROGRAMING...?

LOOKS LIKE 8600 IS THE SHILL'S DESIGNATED "FREEZE POINT" TODAY...

IT'S ALL MANAGED NOW...
AND NOTHING IS LEFT TO "THE MARKETS...!"

HEY THE MARKET MASTER NEED TO "BALANCE" THEIR BOOKS OCCASIONALLY...

BUT FEAR NOT THE SUCKERS ARE ALWAYS WELCOME ON WALL STREET...STARTING TOMORROW....WHEN THE DIPPY DIPSTERS FLOCK IN...

P.S. THAT DOW CHART TODAY IS JUST ODD! IT REALLY LOOKS "PLANNED"...BUT BY WHO?

RANGE BOUND...

DID I MENTION THE MARKETS ARE RANGE BOUND...? OH YEAH...OK FORGET IT...

LET'S MIXED IT UP IN IRAN...BUT TELL BEE BEE TO CHEESE IT..!

THE NOTION THAT A NATION OF 20 SOMETHINGS IS GOING TO KOW TOW TO A MUCH OF MIDDLE AGED CLERICS IN IRAN IS NOT CREDITABLE...

AS LONG AS THE ZIONISTS DON'T DO SOMETHING INCREDIBLY STUPID...OBAMA CAN HANDLE THE IRANIANS...

FOX FATIGUE: BOREDOM SETS IN...

YOU HAVE TO FEEL SORRY FOR FOX NEWS...

YES...AMAZING, I KNOW...

BUT THEY HAVE TAKEN ON THE MOST DIFFICULT MEDIA ASSIGNMENT EVER...

HOW TO CONVINCE THE FAT AND STUPID PEOPLE OF AMERICA...THAT THE MOST POPULAR AND POPULIST PRESIDENT IN A CENTURY IS SOMEHOW--- "EVIL"..."WRONG"..."BAD FOR ORDINARY PEOOPLE."

WELL, GOOD LUCK, ASSHOLES...!!

THE 24/7 FOX NEWS AND TOUT TV RANT AGAINST THE MOST POPULAR PRESIDENT IN RECENT TIMES IS STARTING TO SHOW SOME STRAINS....TO RING HOLLOW...

YES, IT'S TRUE, ARGUING IN FAVOR OF MULTI-BILLION DOLLAR CEO PAY ....TO THE GREAT UNWASHED AND UNEMPLOYED IN "FLY OVER COUNTRY" IS...WELL, DIFFICULT...

AND ARGUING THAT MEDICARE AND SOCIAL SECURITY HAVE TO BE ABOLISHED...

AND THAT NATIONAL HEALTH CARE WILL DESTROY THE COUNTRY...BECAUSE WALL STREET CORPORATIONS WON'T BE ABLE TO AFFORD TO OFF SHORE AMERICAN JOBS ANYMORE....

IS...WELL, PROBLEMATIC...

THE GREAT UNWASHED ARE PROBABLY WATCHING FOX NEWS WITH THE SAME CONFUSION THAT THE BI COASTAL PROGRESSIVES ARE THESE DAZE...

WHAT ARE THESE WALL STREET SHILLS COMPLAINING ABOUT...THEY CAUSED OUR PROBLEMS...AND NOW WE ARE TRYING TO "BAIL THEM OUT"...AND THEY ARE BITCHING TO HIGH HEAVEN...

EVEN AN AMERICAN BUBBA STUPID CAN SEE THROUGH THESE FOX RANTS....

AND THE RANTS ON FOX AND TOUT TV ARE STARTING TO RING HOLLOW...PERHAPS PEOPLE WILL CONTINUE TO WATCH ONLY OUT OF BOREDOM...AND THE LACK OF ANYTHING BETTER ON CABLE TV...WHICH IS AN ENTERTAINMENT WASTELAND...

BUT I SENSE A CERTAIN FOX FATIGUE SETTING IN...IN THE PUBLIC... AND EVEN ON THE SET AMONG THE FOX NEWS RANTERS...

SEDITION JUST ISN'T AS MUCH FUN AS IT WAS A COUPLE OF MONTHS AGO...

DARN IT...!

MY ADVICE TO FOX NEWS IS MOVE ON...AND GET OVER IT!

THERE ARE PLENTY OF FLUFF NEWS STORIES...AND OTHER BULLSHIT NEWS THAT YOU CAN OFFER YOUR GREAT UNWASHED AND BUBBA STUPID VIEWERS...

GET A NEW MOJO...YOU'RE BORING!!

AND IN THE MEDIA WORLD THAT'S WORSE THAN BEING WRONG!!

KRUGMAN TELLS OBAMA "KEEP PEDAL TO THE METAL...!"

THE PROBLEM WITH THE "PURE KEYNESIAN" CURE THIS TIME...

IS THAT KEYNES WOULD NOT HAVE RECOGNIZED THE US ECONOMY PRIOR TO THE "CRISIS"...

THIS IS A CRISIS THAT KEYNES NEVER COULD HAVE THOUGHT WOULD HAPPEN...

THE NOTION OF A CENTRAL BANK BEING THE PROMOTER OF ASSET INFLATION...NOT THE GUARDIAN OF THE CURRENCY IS SIMPLY NOT IN THE FED MANDATE...AND NOT IN THE KEYNESIAN ORTHODOXY...

SO THIS IS A NEW BREED OF DEPRESSION...

ONE THE KEYNES COULD NOT HAVE ANTICIPATED...

THIS IS STRICTLY...AN IMPERIAL COLLAPSE...NOT CLASSIC OVER PRODUCTION...OR A PERIOD WHERE THE CENTRAL BANK "TOOK THE PUNCHBOWL AWAY...!"

KEYNES COULD NEVER HAVE ANTICIPATED THAT GREENSPAN AND BERNANKE WOULD NOT ONLY NOT TAKE THE PUNCH BOWL AWAY...BUT WOULD TURN THE FIREHOSE ON WALL STREET...AND FLOOD THE PLACE WITH MONEY...AFTER THE BUBBLES CAME CRASHING DOWN...

THIS IS A COWARDLY NEW WORLD...THAT KEYNES WOULD NOT HAVE RECOGNIZED...OR CONDONED.

WHAT'S WRONG WITH MICHAEL JACKSON...?

ZIONISTS OFFER "PROVINCIAL" STATE TO PALESTINIANS.

PALESTINE WILL BE SORT OF A "PROVINCE" OF ISRAEL ...UNDER THE NEW ZIONIST PLAN...BUT NOT A REAL "STATE"...

WHATEVER...

AS LONG AS BEE BEE DOESN'T BOMB IRAN THIS SUMMER ...WE CAN MUDDLE THROUGH... BECAUSE THE SHIT IS GOING TO HIT THE FAN IN IRAQ IN JULY...

AND THERE WILL BE CHAOS IN PAKISTAN LATER THIS YEAR...

SO THE LAST THING OBAMA NEEDS IS A ZIONIST/IRANIAN WAR...!

MARKETS WILL "DISTRIBUTE"...SMALL DAILY MOVES ON VERY LOW VOLUME.

THIS IS A CLASSIC DISTRIBUTION MARKET...

AFTER A HUGE AND UNJUSTIFIED RUN UP...THE SMART MONEY WILL "ALLOW" THE SUCKERS TO "GET IN"....AT OR NEAR THE TOP...

DISTRIBUTION MARKETS HAVE SMALL INTERDAY MOVES...AND VOLUME IS USUALLY LIGHT...

PERFECT FOR THE DOG DAZE OF SUMMER...

THE UNDERLYING ECONOMY IS DISMAL AND GETTING WORSE...

THE OBAMA STRATEGY IS TO HANDLE THE BIG PROBLEMS...LIKE HEALTH CARE....AND AWAIT THE "NATURAL" RECOVERY THAT COMES FROM THE DISTRUCTION OF EXCESS CAPACITY...BANKRUPTCY...AND EVENTUALLY PENT UP DEMAND...

OBAMA CAN DO LITTLE TO EFFECT THE REAL ECONOMY NOW... THE MOST HE CAN DO IS SET UP THE STRUCTURE OF THE ECONOMY TO BE MORE SUSTAINABLE .... AND HEALTH CARE IS THE BEST PLACE TO START...

LIKELY THERE WILL BE A PROBLEM LATER HIS YEAR WITH THE FED "MONEY PRINTING"...THE RUSH TO GOLD AND OIL IS A DOOMSDAY SCENARIO FOR THE MARKETS BUT WITH ALL THE EXCESS CASH...SMALL MARKETS LIKE THAT OF GOLD CAN BE "MANAGED" AT LEAST FOR A WHILE..


LIKELY THE NEXT LEG DOWN WILL BE IN THE FALL AFTER THE "RECOVERY" HOPES ARE DASHED BY HARD NUMBERS...

AND OBAMA'S SOCIAL SAFETY NET WILL BE SORELY NEEDED ... LATER THIS YEAR...

THE ECONOMY WILL BE IN TECHNICAL RECESSION FOR ANOTHER TWO YEARS...

ANY "RECOVERY" SHOULD BY WEAK BY HISTORIC STANDARDS...

THE SOCIALIST POLICIES OF WASHINGTON WILL SOFTEN THE BLOW FOR SOME AMERICANS...

UNTIL HISTORY CAN SORT THIS ALL OUT...AND A NEW "POST DOLLAR" PARADIGM ACCEPTED GLOBALLY.

NOTHING OF INTEREST UNTIL AFTER LABOR DAY...SO TAKE A TRIP IF YOU CAN AFFORD IT.

ISRAEL LOOKS TO RUSSIA FOR SUPPORT

BUT WITH RUSSIAN TRADE TIES TO IRAN AND THE OTHER "...STANS".

HOW WILL THAT WORK OUT...?

AND WHAT DO ISRAEL AND RUSSIA HAVE IN COMMON? BESIDES THEIR INGRAINED RACISM...AND SENSE OF SUPERIORITY TO OTHER NATIONS?

DAVID GREGORY PREDICTS REPUBLICANS WILL BE "UP AGAINST" JOE BIDEN IN 2010...!!

DOES DAVID GREGORY KNOW SOMETHING THAT WE DON'T...?

OBAMA WILL BE IN OFFICE UNTIL 2012 IN HIS FIRST TERM...AND UNTIL 2016 AFTER HIS SECOND TERM ENDS...BY MY MATH.

SOMEONE NEEDS TO ASK DAVID GREGORY WHAT HE MEANT BY THAT ODD STATEMENT... THE STATEMENT WAS MAKE DURING A DISCUSSION OF THE DISMAL "FUTURE OF THE REPUBLICAN PARTY"...AND HOW IT COULD BE QUICKLY TURNED AROUND...

OF COURSE, REPUBLICANS WOULD LOVE TO HAVE JOE BIDEN AS THEIR OPPOSITION IN 2010, OR EVEN IN 2012...BUT I FIND THE IMPLICATIONS OF THAT STATEMENT TO BE VERY STRANGE...

AND OMINOUS ESPECIALLY IN VIEW OF THE WIDE SPREAD MEDIA HATE SPEECH...NOT TO MENTION SEDITIOUS TALK...ON FOX NEWS AND OTHER CABLE NETWORKS, INCLUDING MSNBC'S "MORNING JOE"... RAGING AGAINST OBAMA AND THE DEMOCRATS 24.7.

NORTH KOREA OUT OF CONTROL....

MAKE NO MISTAKE...NATIONAL PARANOIA CAN MAKE "OPTIONAL WARS" SEEM NECESSARY...!

AS WE ALL KNOW FROM THE BUSH YEARS...

WE "ASSUME" THAT THEY ARE BLUFFING...AND "JUST WANT ATTENTION"...

BUT WHAT IF THAT VIEW IS WRONG...?

CLEARLY OPENING UP A SERIOUS DISCUSSION WITH NORTH KOREA IS NECESSARY TO SEE JUST EXACTLY WHAT IS GOING ON IN THAT COUNRTY....

AND NO...JUST USING THE SWEDISH EMBASSY THERE WILL NOT DO...

A JOINT US-CHINA EFFORT IS NECESSARY AND ASAP... REMEMBER...THE KOREAN WAR NEVER REALLY ENDED...THERE WAS NEVER A PEACE...JUST A TRUCE...AND THAT COULD BE ENDING SOON.

FOX NEWS: SEDITION IS ONLY "ENTERTAINMENT"

THE FOX NETWORK IS TO NEWS...AS THE WORLD WRESTLING FEDERATION'S "SMACK DOWNS" ARE TO SPORTS...!

FAKES! MORE ENTERTAINMENT AND DIVERSION THAN REALITY....

BUT DOES EVERYONE KNOW THIS...?

OK...INTELLIGENT WELL EDUCATED BI-COASTAL "PROGRESSIVES" CAN "GET THE JOKE"

...WATCHING THE BIZARRO ANTICS OF HANNITY, O'REILLY, COULTER, BECK, RUSH AND OTHERS SPOUTING OFF INSANELY...WITH HATE FILLED SPEECH AGAINST OBAMA.

OR, ABOUT THE DIRE SITUATION IN AMERICA TODAY...CAUSED MOSTLY BY WALL STREET REPUBLICANS..!

BUT IF YOU LISTEN VERY CAREFULLY TO WHAT THEY ARE SAYING TO THE VAST MAJORITY OF UNEDUCATED AND LESS INFORMED IN AMERICA...? MOSTLY IN "RED STATES" OR THE RURAL AREAS IN "FLY OVER COUNTRY..."

IT'S SIMPLY THIS: "GET VIOLENT" ...! REBEL!

OR WORSE... DO SOMETHING "UNTHINKABLE".... AS BECK URGED RECENTLY...

BUT WHAT DOES BECK THINK "UNTHINKABLE" MEANS TO THE TYPICAL UNEMPLOYED "GUN NUT" IN FLY OVER COUNTRY...?

TELL US MR BECK...? WHAT DO YOU WANT THESE PEOPLE TO DO...?

WHAT MR BECK...? WHAT "UNTHINKABLE THING" DO YOU WANT THESE PITIFUL FOX NEWS WATCHERS TO DO...?

PLEASE ELABORATE...! BECAUSE IF THE "UNTHINKABLE" DOES HAPPEN...YOU WILL BE ASKED TO ACCOUNT FOR YOUR SEDITIOUS SPEECH...! CONGRESS WILL INSIST ON IT...

STILL THE SEDITION BEAT GOES ON AND ON AT FOX NEWS ...24/7....NON-STOP...

HATE! FEAR! GUNS! GOD! DO THE "UNTHINKABLE!!

WHAT IS THE UNTHINKABLE MR BECK...?

PLEASE TELL US... NOW! NOT LATER...AFTER YOU HAVE PUSHED SOME UNSTABLE PERSON OVER THE EDGE WITH YOUR SEDITIOUS SPEECH...YOUR HATE MONGERING...AND WORST OF ALL YOUR LIES TO THE GREAT UNWASHED IN FLY OVER COUNTRY...

YES, THE BI-COASTAL LIBERALS WITH ADVANCED DEGREES "GET THE JOKE" ABOUT FOX NEWS...

BUT SOMEONE OUT THERE MAY NOT...!!

THEN WHAT...?

FOX NEWS UNLEASHES RIGHT WING HATE...!!

LIEBERMAN AND OTHER ZIONISTS HAD BEST RECONSIDER THE "USEFULNESS" OF THESE FOX NEWS HATE SQUADS... AM RADIO SCREAMERS...JESUS FREAKS AND RADICAL GUN NUTS.... AS WE LEARNED THIS WEEK...

THESE BORN AGAINS, RIGHT WING CRACKPOTS AND OTHERS ON THE ULTRA-RIGHT ARE POLITICAL "LOOSE CANNONS" THAT THE FOX NEWS MANIPULATORS MAY NOT BE ABLE TO CONTROL...

ESPECIALLY WHEN THINGS "GET WORSE" FOR THE AMERICAN ECONOMY...

I REALLY DON'T THINK FOX NEWS AND TOUT TV AND THE OTHER ELITE SHILLS IN THE CABLE MEDIA.... REALIZE WHAT THEY ARE UNLEASHING IN AMERICA TODAY...

DAVID BROOKS SEES FALLACY OF REAGAN YEARS.

BETTER LATE THAN NEVER...BUT REPENTING FOR THE REPUBLICAN "BUBBLE YEARS" MAY NOT BRING AMERICA BACK TO THE PRE-LOOTING STATE BEFORE WALL STREET WENT WILD.

INVADE IRAN! UNTIL THEY GET A PRO-ZIONIST "DEMOCRACY"...

HEY, THAT WAS THE PLAN IN IRAQ!!

REMEMBER...?

TO ALLOW LITTLE GIRLS TO VOTE AND HAVE PURPLE FINGERS IN SCHOOL...AND ALL THAT STUFF...

REMEMBER...?

BUT SADLY ALL THE GOLEM BUSH AND HIS MASTER CHENEY DID WAS TO EMPOWER... IRAN...!! AND PLANT THE SEEDS FOR THE COMING CHAOS AND CIVIL WAR IN IRAQ...! AND IT WILL BE A BUMPER CROP NO DOUBT!!

YES, I SAID "COMING"...BECAUSE IN IRAQ ...YOU AIN'T SEEN NOTHING YET... AND WHEN THE ZIONISTS START BOMBING IRAN LATER THIS YEAR...WELL...THEN THE SHIT REALLY HITS THE FAN...!

BECAUSE ONCE THE GREEN ZONE IRANIAN SHIA GET THE US MILITARY "CONFINED TO BASES IN THE DESERT"....ALL HELL WILL BREAK LOOSE...

THE GREEN ZONE IRANIANS ARE ALREADY KILLING OFF SUNNI LEADERS...BUT THAT IS BEING HUSHED UP IN THE AMERICAN ZIONIST PRESS...

UNLESS OF COURSE THE AMERICAN MORONS WANT TO "FIGHT FOR" THE IRANIANS AND THE SHIA CO-RELIGIONISTS...AND KILL THE "PRO-WESTERN" SUNNIS...!!

AHHH....YA GOTTA LOVE IT... MASSIVE IGNORANCE IN HIGH PLACES... IT MAKES GREAT HISTORY...!! EVEN IF THE ULTRA-RIGHT LIKUDNIC, SHARON, ISN'T AROUND TO GIVE US OUR "MARCHING ORDERS...!"

BUT, IN THE END, DEMOCRACY IS IN THE EYE OF THE BEHOLDER...

PERHAPS IT'S BEST FOR DEMOCRACY TO COME FROM WITHIN...AND NOT BE IMPOSED BY THE LIKES OF ZIONIST NEOCONS AND WAR CRIMINALS LIKE BUSH AND CHENEY...?

WALL STREET PREPARES "SCREAM FEST" TO FIGHT OBAMA HEALTH CARE...!

DEMOCRATS SHOULD JUST DO IT...!

THE WALL STREET ELITES AND THE MEDIA SPECIAL INTEREST SHILLS WILL BE SCREAMING ALL THE WAY DOWN...

IT'S DOUBTFUL THAT AMERICANS IN "FLY OVER COUNTRY" WILL BE WILLING TO FOLLOW THE WALL STREET INTERESTS AND THEIR MEDIA SHILLS...AND GO DOWN THE TUBES AGAIN...

IN OTHER WORDS...EAT SHIT HARRY AND LOUISE!! WE NEED HEALTH CARE REFORM NOW!!

THE ELITE MEDIA BLITZ AGAINST THE DEMOCRATIC HEALTH CARE REFORM WILL BE LOUD AND SHRILL!! AND THEY WILL BE SCREAMING ALL THE WAY DOWN...

DEMOCRATS SHOULD FOLLOW BARNIE FRANK'S MOVE RECENTLY...AND JUST WALK OFF THE TV SETS IN A DRAMATIC WAY...WHEN THE ELITE MEDIA SHILLS START THEIR USUAL "SCREAM FEST"...

AND I REFER MAINLY TO THE ELITE ASSHOLES ON TOUT TV...LIKE KUDLOW AND CRAMER...AND ON FOX "SEDITION NETWORK"-- WITH THE LIKES OF HANNITY AND O'REILLY...AND TO SOME EXTENT , GLENN BECK, WHO AT LEAST TRIES, OCCASIONALLY, TO PROVIDE SOME INTELLECTUAL "COVER" FOR HIS VIEWERS...WHEN THEY SPOUT THE IDIOTIC "VIEWS"....

LET THE CONSERVATIVE SCREAMERS...JUST KEEP ON SCREAMING!

MOVE ON DEMOCRATS! ...DO THE PUBLIC'S BUSINESS.

AND IGNORE THE ELITE SHILLS AND MEDIA SCREAMERS!!

AND YOU WILL BE MIGHTILY REWARDED AT THE POLLS...BUT ONLY IF YOU AVOID ANY PANIC AND "FLIP FLOPS" ...CAUSED BY THE SCREAMING ELITES...

JUST GET THE JOB DONE...

THE VERY PUBLIC THAT THE ELITE SCREAMERS ARE SEEKING TO CONFUSE...WILL TURN ON THESE TOUTS AND SCREAMERS...AND DESTROY THEIR CREDIBILITY TOTALLY ...

BASICALLY, DO EXACTLY THE OPPOSITE OF WHAT THE SCREAMING SHILL, LARRY KUDLOW SAYS...AND DEMOCRATS WILL DO JUST FINE...

EVENTUALLY THE PUBLIC WILL SIMPLY CHANGE THE CHANNEL...!!

SCREAM ON FOX NETWORK...! SCREAM ON TOUT TV...!!

KRUGMAN: IS FOX NEWS A TERRORIST NETWORK...?

ABORTION HATERS...JEW HATERS...BLACKS HATERS...!

FOX NEWS IS THE PLACE FOR YOU!!

GET YOUR DAILY DOSE OF HATE FROM HANNITY AND O'REILLY...

LET FOX NEWS "JUSTIFY" YOUR INSANE RAGE...

AND BETTER YET... "GREEN LIGHT" YOUR TERRORIST TENDENCIES...AND SCHEMES!!

WHY IS FOX NEWS ALLOWED TO INCITE TERROR AND TERRORISTS? ....

IF ANY LEFT WING RADICAL SPOUTED OFF LIKE HANNITY AND O'REILLY...?

THEY WOULD BE ARRESTED IMMEDIATELY...UNDER THE SEDITION LAWS.

FREE SPEECH IN THE MAJOR MEDIA DOES NOT ALLOW THE ENCOURAGEMENT OF VIOLENCE...AND REVOLT...BECAUSE THERE IS A WORD FOR THAT...

IT'S CALLED SEDITION...!

GLOBAL DEPRESSION vs. HYPER-LIQUIDITY

THE GLOBAL DEPRESSION CONTINUES TO DEEPEN...PRIMARILY DUE TO MASSIVE GLOBAL EXCESS CAPACITY ...

AND THE GREED OF INTERNATIONAL CAPITAL WHICH HAS DESTROYED THE US ECONOMY THROUGH "FREE TRADE" AND GLOBALISM....

THE GLOBAL DEPRESSION IS FIXED IN STONE...IT ISN'T ENDING ANYTIME SOON...

THE US FED USED THE "ASSET BUBBLES" FOR MANY YEARS TO MASK THE REALITY OF THE UNSUSTAINABLE AMERICAN ECONOMY FROM THE PUBLIC...BUT THAT DELUSION FINALLY COLLAPSED IN SEPTEMBER OF 2008...

THE PUSH OF HYPER-LIQUIDITY...IE "PRINTING PRESS MONEY" IS NOW IN FULL FORCE...

THE NOTION THAT HYPER-LIQUIDITY CAN "CURE" THE DEPRESSION IS PURE KEYNESIANISM....

BUT THE NOTION THAT HYPER-LIQUIDITY WILL KILL THE ECONOMY IS PURE WEIMARISM...

THAT IS THE GREAT DEBATE...

IF THE PRINTING PRESS CAN CURE US... THEN, DAMN IT....WE ARE CURED!!

IF THE PRINTING PRESS CAN KILL US...THEN, WE ARE DEAD...!!

WHAT PRICE FOR THE BUBBLE...?

THE FED SEEMS TO THINK THAT THE US ECONOMY CAN NOT AND WILL NOT "RECOVER" WITHOUT A RESTORED ASSET BUBBLE...

HENCE THE NOTION THAT THE BIG BANKS SHOULD BE ALLOWED TO LOOT THE TREASURY TO "SAVE THE SYSTEM...!!"

WELL THE BANKS HAVE BEEN LOOTING THE SYSTEM WITH THE BLESSING OF THE FED AND TREASURY...SINCE SEPTEMBER OF 2008

THE STOCK BUBBLE IS BACK...AFTER A FASHION...

BUT THE ECONOMY IS PATHETIC...

AND GAS IS GOING UP EVERYDAY NOW...

CLEARLY, BERNANKE'S ONE DIMENSIONAL VIEW OF KEYNSIANISM...AND HIS "READ" ON THE DEPRESSION MAY BE WRONG...

CONSIDER:

WHAT IF THE FED IN THE 1930'S WAS NOT "WRONG" ....AS BERNANKE HAS STATED...?

WHAT IF THE 30'S FED WAS ONLY DOING IT'S JOB....

AND KNEW THAT A "GERMAN STYLE" FLOOD OF LIQUIDITY COULD NOT "CURE" THE BURST LIQUIDITY BUBBLE OF1929...?

WHAT IF BERNANKE IS WRONG? ...AND THE FED IN THE 30'S WAS RIGHT...?

THERE IS SIMPLY NO EASY WAY OUT OF A MASSIVE ASSET BUBBLE...AND CERTAINLY THE ANSWER IS NOT MORE LIQUIDITY.

THE BIG BANKS AND WALL STREET HAVE NOW LOOTED THE ECONOMY...

WORSE... THEY ARE LOOTING THE US TREASURY WITH THE BLESSING OF THE FED...!!!

DO YOU SEE ANYTHING WRONG WITH THAT PICTURE...?

AT LEAST IN THE 30'S THE FED DID NOT CAVE IN TO THE WALL STREET INTERESTS...

AND TAKE THE "WIEMAR OPTION" OF PRINTING MASSIVE AMOUNTS OF MONEY...!

BUT THEN...

THE WIEMAR DISASTER OF THE 1920'S WAS HISTORICALLY A LOT CLOSER TO THE 30'S FED...THAN IT IS TO BERNANKE'S FED.

SOMEONE SHOULD ASK BERNANKE: IF HE ALSO STUDIED GERMANY IN THE 20'S...AND NOT JUST THE FED IN 30'S ...

WALL STREET FANTASY CONTINUES...

BERNANKE WANTS HIS BUBBLE AND NOW HE HAS IT...

SWINE FLU: FIRST PANDEMIC IN 40 YEARS DECLARED!!

NOW A PANDEMIC....

$3 GAS HERE NOW...$4 GAS COMING...!!

DOLLAR BEARS FLOCKING TO OIL...!!

OIL SOARS ON EVER SMALLER BERNANKE BUCKS.

THE DOLLAR KEEPS GETTING SMALLER AND ...SMALLER ...AND smaller...

PPT SAVES BOND SALES...!!

FOREIGNERS BAIL OUT BOND AUCTION...BUYING 49% OF OFFERING.

REPUBLICAN CRIMINALS HYSTERICAL OVER OBAMA HEALTH CARE PLAN!!

OBAMA SHOULD PUSH SINGLE PAYER THIS YEAR...

THE US ECONOMY IS A BASKET CASE...TOTALLY COLLAPSED....

SINGLE PAYER WILL BE THE BEST PART OF THE NEW NEEDED SOCIAL SAFETY NET...

AND WILL ALLOW THE AMERICAN ECONOMY TO RECOVER FASTER...ONCE THE CRIMINALS ON WALL STREET ARE CLEANED OUT...AND THE LOOTING STOPS.

OBAMA SHOULD LITERALLY STRONG ARM THIS SINGLE PAYER PLAN THROUGH...IF HE WAITS FOR THE ELITES TO GET ON BOARD...THE ECONOMY WILL SIMPLY SPIRAL DOWNWARD UNTIL NOTHING AT ALL CAN SAVE IT...

PASS SINGLE PAYER NOW...AND JAIL MORE REPUBLICANS...THAT SHOULD BE THE LEGACY OF OBAMA'S FIRST YEAR IN OFFICE.

TRILLIONS EVAPORATE!! FED PRINTING LIKE MAD TO REPLACE LOST WEALTH!

PRINT BEN, PRINT...!

THE BUBBLE MONEY HAS EVAPORATED INTO THIN AIR!!

NO INFLATION POSSIBLE FROM THIS MISSING "PHANTOM" BUBBLE WEALTH....ALAS,

GONE ... BUT NOT FORGOTTEN...!!

RALLY GOES RAW...!! $100 OIL BY LABOR DAY!!

THE RECENT GOLD BASH BY THE FED SHILLS AND THE PPT... WAS CHARMING HOWEVER...

AND VERY WORTHY OF A CENTRAL BANK ON THE ROPES...I WOULD EXPECT NO LESS!

EVEN AS OIL SOARS TO NEW YEARLY HIGHS...AND THEN SOME...

HUGE "TARP PAYBACK" RALLY CONTINUES...!!

CEOS WANT TO START LOOTING COMPANIES AGAIN ... WITHOUT "GOVERNMENT INTERFERENCE!!"

WITH ANOTHER BIG DOW SPIKE AFTER 3PM...AS USUAL!!

ONLY "RALLY TALK" ALLOWED IN US MEDIA...

UNFORTUNATELY THAT ALSO APPLIES TO OIL AND GAS PRICES...

THE PROBLEMS THAT WERE CAUSED BY AMERICA'S "OUT OF CONTROL" ELITES...

SADDLY....ARE STILL RAMPANT IN THE US ECONOMY...INDEED DOMINANT.

THIS IS A TRANSITION PHASE BETWEEN THE SEPTEMBER 08 COLLAPSE...THE THE REAL COLLAPSE THAT IS YET TO COME LATER THIS YEAR...

IN OTHER WORDS...EVERYTHING SO FAR HAS BEEN DIGGING THE HOLE DEEPER...WITH THIS ATTEMPT TO "SAVE THE ELITE BANKS"....AND THE OTHER "TOO BIG TO FAILS"...

MY HUNCH IS THAT THE NEXT LEG DOWN STARTS IN SEPTEMBER OF 2009...JUST LIKE THE FIRST PLUNGE DID...

THIS MARKET WILL HAPPY TALK THE SUMMER AWAY...BUT NO ONE REALLY BELIEVES ANYTHING ABOUT A "RECOVERY" AT THIS POINT... AND ANY "RECOVERY" THAT STARTS IN AND IS CONFINED TO ASSET PRICES AND PRINTING MONEY...

IS WELL..

NOT WORTH THE PAPER IT'S PRINTED ON...!