Full Moons, Fraud, and Lunatics. What More Can Be Said.
NEWS FLASH: Direct from Lost
Angeles Learning Annex – Presenting mobster t_rump of new yoke, new joyzey, and
now caleefornia mob fame with his continuing message for the past several
years: buy real estate (and watch the values go down…..riiiiight!).
(8-19-08) DOW -130.84 NASDAQ – 32.62 S&P – 11.91 [Wholesale prices: Highest
annual rate in 27 years .Still
great opportunity to sell/take profits since all problems remain and dollar
mini-spike short-lived. The Strong Dollar Illusion . Housing starts and building permits posted steep
declines. That hub of global manufacturing buzzing
(riiiiight!) as empire state index as measured by private economists expected
to fall -4.2% but is reported up +2.8% (almost 300% better-I don’t think so,
and don’t buy the Brooklyn bridge, watches, swamp land in jersey, etc.),
inflation news double expectations Bracing for
Inflation August 15, 2008 (BusinessWeek
Growing evidence suggests American consumers, businesspeople, and political
leaders should all be bracing for double-digit inflation, probably as early as
2009), real estate falling, U.S. Foreclosures Rise 55%, Bank Seizures Reach High ,
unemployment at recession levels, etc., all news bad though fudged to upside
for election year. Note the rotation into the obscure world of so-called tech
which provides, as in prior such ploys (ie., dot-com bust, more recent bust,
etc.) the world street frauds with the ability to sell the sizzle since
investors and americans generally don’t understand it (ie., iphones are a joke
where the so-called “computer” is merely a restrictor of usual computer
functions now tied into apple products and government shill co att, and anyone
who pays the premium for apple products is a fool), and all news bad albeit
fudged to the upside in this election year.
Fake trade figures, more writedowns/bad debt, still great opportunity to
sell/take profits. Just another frothy day in the rabidly fraudulent lunatic
world of wall street and great opportunity to sell/take profits since all
problems remain and dollar mini-spike short-lived. Fog of war ( U.S. Attacks Russia
Through Client State Georgia – don’t believe american
lies/propaganda to the contrary) is frauds friend, repeat three times to
understand fraudulent wall street euphoria over diversion (Georgia conflict)
from their massive fraud which brought much greater than expected losses at
fannie (U.S. Headed Toward Bankruptcy, Says Top Budget Committee
Republican )
and triple-digit decline to triple digit upswing so especially great
opportunity to sell/take profits as glass-half-full kind of frauds point to
increase in (foreclosure/auction/forced) home sales (riiiiight!) while they can
no longer hide substantially increased
unemployment, etc., economy so bad oil demand declining which is shill point
for next stage of (new) wall street fraud/commissioned churn and earn scam
which the taxpayers just underwrote/paid for with complicit government,
executive/legislative/judicial branches/fed. Great opportunity to sell/take
profits since all problems remain as real numbers indicate previous decline in
GDP though falsely reported as gain, greater unemployment (watch for fake
numbers from government) and much more downside to come as stocks previously
rallied on sharp increase in oil prices and ADP, A JERSEY BASED COMPANY NOT
UNFAMILIAR TO THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS
TO FACILITATE (ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE FOR A
PRICE/FAVOR) WITH THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED, UNEXPECTED
INCREASE IN PRIVATE SECTOR JOBS, and short-covering. The
Dow Priced in Ounces of Gold: Secular Bear Market Since '99 by Lindstrom from
Seeking Alpha AP Business Highlights A private research group says that Americans remain
the most pessimistic about the economy since the tail end of the last prolonged
recession 16 years ago. But economists warn that the slight uptick, which
reverses a six-month slide since January, is likely to be only temporary and
doesn't signal the beginning of a rally…Yahoo… the
survey only has weak correlation with actual spending, so Briefing.com
does not put too much stock in the report.] Quantifying Inflation by Zigler from Seeking Alpha, Housing report bruises frauds on wall
street with reality but false report from corrupt, scandal-scarred, criminal
commerce department (contrary to all expectations and contrary to all regional
fed manufacturing indices which declined) provides fake report and fraudulent
lift . Great Opportunity to Sell/Take Profits as
Reality trumps bull s**t! Sell dollar denominated assets as all problems remain.
El-Erian: Buy more foreign stocksEven in this century's
darkest days of recession and war, U.S. households kept on spending. But one of
the smartest investors on the planet says the American consumer is finally out
of steam. Even if, and it is not, oil were the only
problem, the same is just a disruption away from a spike. Suckers’ bear
market/short-covering rally based on bull s**t alone, this time by wall street
shill paulson whose bailout rhetoric brings ‘irrational exuberance’ since wall
street frauds should be prosecuted, required to disgorge ill-gotten gains, and
jailed since they’re the ones who benefited and are escaping accountability by
the bailout. Except for multi-nationals and corporate welfare recipients (ie.,
Lockheed, etc.), greater than expected losses in not millions but billions
rallied the stocks. Remember, these are huge financial institutions unlike the
tiny S&Ls of the last banking fraud/wealth transfer (to frauds at expense
of taxpayers). Leading indicators revised down (after ‘election year keep the
incumbents’ fake report). What do you expect the wall street frauds/criminals
who should be held accountable and the failed (and illegal- constitution would
have to be amended to enable Fed to print those worthless Weimar dollars with
now even failed Fannie and Freddie getting some with taxpayer bailout) Fed to
say; admit they royally f**ked up, etc.,
better than expected very bad news, ie., Citibank loses only $2.5
billion, hyperinflation, over 200% more
(suuuuure!) than expected oil inventories, GM cuts dividend, Intel monopoly
eliminates AMD, economy so bad less oil use/demand, riiiiight! What total bull
s**t! SELL INTO STRENGTH, TAKE PROFITS WHILE YOU CAN!] Similarities between 1929 and 2008 terrifying [In
just the month of June, the Dow dropped 10.19%; the S&P fell 8.60%, and the
Nasdaq lost 9.10%. For the quarter, the Dow fell 7.44%; the S&P lost 3.23%,
while the Nasdaq had an anemic 0.61% gain. For the first half, the Dow is down
14.44%; the S&P lost 12.83%; and the Nasdaq has fallen 13.55%. Since their
high point last October, the Dow gave up 19.87%; the S&P dropped 18.22%;
and the Nasdaq is down 19.80%. A 20% drop from a market peak is considered the
start of a bear market — although many analysts say Wall Street already has a
bear market mentality (because the bear market already is. Some
chart data/numbers on bear markets: first chart second chart).] [CLOSE- OIL
$114.53 (RECORD TRADING HIGH $147.27) GAS $3.83(reg. gas in LAND OF FRUITS AND
NUTS $4.01 REG./ $4.91 MID-GRADE/ $5.00
PREM./ $4.66 DIESEL)/ GOLD $817/ SILVER $13.10 / PLATINUM $1,351/ DOLLAR= .67
EURO, 109 YEN, .53 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR
NOTE YIELD 3.8420% FAKE GOV’T/ETC.
ELECTION YEAR REPORTS THAT EXCEED ECONOMISTS/ANALYSTS FORECAST/EXPECTATIONS,
EARNINGS NOT AS BAD AS EXPECTATIONS
(SUUUUURE-SAME OLD FRAUD). GREAT OPPORTUNITY TO SELL (TAKE PROFITS) WHILE YOU CAN,
ESPECIALLY WITH SUCKERS’ BEAR MARKET RALLIES ON NEGATIVE NEWS (PARTICULARLY
SNEAKING INTO THE CLOSE). NOTHING HAS CHANGED REGARDING TRADE AND BUDGET
DEFICITS, WORTHLESS WEIMAR DOLLAR AND THE HYPERINFLATION/STAGFLATION THEREBY,
AND ELECTION YEAR (THIS IS AN EPHEMERAL GOOD AS IT GETS SCENARIO) ATTEMPTS TO
REINFLATE THE BUBBLE, ETC., THAT HAS HELPED TO CREATE THIS FINANCIAL/ECONOMIC
DEBACLE. THE FED/WALL STREET
FOCUS/DEFLECTION ON CORE INFLATION IS A SHAM/FRAUD AND TANTAMOUNT TO
SAYING IF YOUR MOTHER HAD WHEELS SHE’D BE A TROLLEY CAR. [eND
OF FIRST QUARTER DOW –8%, nASDAQ-14%, AND S&P-10%. WALL STREET IS A JOKE
THAT IS NOT FUNNY]. USA 2008: The Great
Depression. High Likelihood of a Market Crash Similarities between 1929 and 2008 terrifying I WARNED AGAINST
THE DEBACLE IN IRAQ, I WARNED AGAINST GIVING DUMBYA BUSH WAR POWERS, I WARNED
OF THE BUBBLES IN REAL ESTATE AND STOCKS, AND NOW I WARN AGAINST INVESTING IN
DOLLAR DENOMINATED SECURITIES OR HOLDING SAME (SELL INTO STRENGTH/TAKE
PROFITS/SELL). SUCKERS’
BEAR MARKET/SHORT COVERING RALLY/NEW BUBBLE MODE (ALONG WITH MODEST DROPS
RELATIVE TO REALITY) SO SELL (TAKE PROFITS) AS THE WALL STREET SCAM IS
UNEARTHED BY REVELATION THAT OF 9 INVESTMENT VEHICLES S&P (MAJORITY OF 401K
HOLDINGS, ETC.) WAS WORST PERFORMER (1% OR LESS AND IF YOU FACTOR IN DECLINING
DOLLAR, NEGATIVE RELATIVE TO NON-DOLLAR DENOMINATED ALTERNATIVES OVER DECADE).
JAWBONER BERNANKE SAYS THIS DOWNTURN IS DIFFERENT FROM THE GREAT DEPRESSION AND
HE IS RIGHT INASMUCH AS AMERICA UNLIKE AFTER THE GREAT DEPRESSION WILL EMERGE
FROM THIS DOWNTURN AS SOMETHING SIGNIFICANTLY AND SUBSTANTIALLY LESS FROM WHICH
THERE WILL BE NO RETRACEMENT TO THE UPSIDE FINANCIALLY, ECONOMICALLY,
GEOPOLITICALLY. Bank issues
global stock and credit crash alert... Write Offs to Top $1.3
Trillion.Who didn’t see this coming? The Next
Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' . 5 REASONS WHY THE FED HAS FAILED. GREENSPAN: NO
REGRETS; U.S. IN SEVERE RECESSION. UK, US, AND
WORLD FACING THE BIGGEST FINANCIAL SHOCK SINCE THE GREAT DEPRESSION, SAYS IMF. VIX
TO VXV RATIO IS GIVING A STRONG BEARISH SIGNAL YAHOO
FINANCE SUMMARIZES THE ESSENCE OF THE TRADING DAY: [BEFORE THE YAHOO MAINSTREAM FLUFF, IT IS
NOTEWORTHY THAT ALL THE PROBLEMS REMAIN FROM DEFICITS TO WORTHLESS WEIMAR
DOLLAR TO FRAUD TO FAKE GOV’T REPORTS, suckers’ bear
market rally into the close, Analysts say
more U.S. banks will fail Jim Rogers: Dollar Doomed, Oil Will Go Over $200 per Barrel
Soon Fannie Plan a `Disaster' to
Rogers; Goldman Says Sell , why
would anyone hold/invest in dollars (deficits, trade and budget substantial,
economic growth declining) so sell/take profits, if you’re smart, as higher oil
prices (7-10-08) sparks rally (riiiiight!) and investors were encouraged by the
possibility of more contributions to their fraud, and Paulson says things are
not as bad as the reports in this election year; he’s right; they’re much
worse! Remember greenspan’s perpetual envy of all the world speeches; now
Bernanke printing hyperinflationary Weimar dollars like mad; they’re dreaming.
Similarities between 1929 and 2008 terrifying U.S. stocks post sharp weekly losses; bear market that
already is now said nears , Stocks tumble as more bad economic
news piles up, Wave of bad news sends Dow down nearly 360, Sales
of new homes tumbled for the sixth time in seven months in May while median
prices kept plunging, American Express sees worsening credit conditions, but
fake government report of higher than expected oil inventories (riiiiight!)
rallies stocks, Home prices fall in April at record rate, Consumer confidence sinks to 16-year-plus low , BlackRock sees global slowdown worsening
in 2009 , DOWNGRADES OF
BANKING/FINANCIAL SECTOR AND IN AUTO SECTOR ALONG WITH BOND INSURERS AMBAC,
MBIA, AMERICA’S BLIND SUPPORT OF ISRAEL/ISRAELI AGGRESSION DEPRESSION CONTINUES
ON COURSE, PHILADELPHIA FED INDEX REGIONAL ASSESSMENT OF MANUFACTURING ACTIVITY
POSTED A BAD READING OF -17.1 FOR JUNE WITH JOBLESS CLAIMS MORE THAN EXPECTED
AND ANALYST SAYS RAISING CHINA'S GASOLINE AND DIESEL PRICES BY 46 CENTS A
GALLON NOT ENOUGH TO HAVE MUCH IMPACT ON EXISTING DEMAND, INFLATION UP AND PRODUCTION DOWN EQUALS
STAGFLATION (EVEN WORSE WHEN REAL NUMBERS HIT HOME), NEW YORK MANUFACTURING
INDEX DOWN AGAIN, REAL ESTATE PLUNGING,
HOME BUILDERS’ CONFIDENCE AT/NEAR RECORD LOWS, BAD NEWS BULLS SCENARIO AS ALL
NEWS BAD BUT STOCKS RALLIED (AT BEST GIVING THEM BENEFIT OF DOUBT, A
SHORT-COVERING RALLY) AS CONSUMER CONFIDENCE AT LOWEST POINT IN 28 YEARS FOR
GOOD REASONS, FORECLOSURES UP 50% TO RECORD HIGH LEVELS, COMMODITIES (IE.,
CORN, ETC.) UP SHARPLY OWING TO MIDWEST FLOODS WHICH WILL ALSO IMPACT OIL TO
THE UPSIDE GOING FORWARD AS LESS
ETHANOL SUPPLIES/HIGHER PRICES, ONE RADIO REPORTER INTERVIEWS ECONOMIST WHO
INDICATES SCEPTICISM REGARDING (IE., INFLATION, ETC.) NUMBERS WHICH HE BELIEVES
ARE WORSE THAN REPORTED (HE’S RIGHT) BUT STILL MORE THAN EXPECTED UP .6% AND UP
MOST IN 6 MONTHS (INFLATION NUMBERS FUDGED FOR FED), ALL-TIME HIGH
REPOSSESSIONS UP 158%, JOBLESS CLAIMS UP MORE THAN EXPECTED AT HEFTY 384,000,
RETAIL SALES UP MORE THAN EXPECTED 1.4% (EXCLUDING AUTOS-SMART MOVE FOR NUMBERS
SAKE AND WALL STREET FRAUD), BUT INVENTORIES OF GOODS ROSE (THERE’S A LITTLE
COST-ACCOUNTING TRICK WHICH FRAUDS ON WALL STREET WOULD CELEBRATE/ENCOURAGE
SINCE QUALITY OF EARNINGS IS APPARENTLY NO LONGER SOMETHING THEY VALUE-SELL THE
SIZZLE/B**L S**T/AND WHAT IS LEAST UNDERSTOOD IS THERE MODUS POERANDI/MANTRA,
VIZ., OVER-PRODUCE GOODS FOR SALE (THE HIGHER INVENTORIES JUST REPORTED) AND
ATTRIBUTE FIXED COSTS TO GREATER NUMBER OF GOODS WHICH WOULD INCREASE PAPER
PROFITS FOR THOSE GOODS SOLD IN THE QUARTER (BE ESPECIALLY WARY SINCE COMPUTERIZATION
HAS MADE SUCH INVENTORY SURPLUSES AND THE CYCLICAL DOWNTURNS THEREBY RELATIVELY
RARE/MINISCULE) AND THEIR RETAIL SALES INCLUDES THOSE HIGH OIL PRICES, BERNANKE JAWBONES DOLLAR UP, RIIIIIGHT,
SOME REALITY CATCHES UP AS UNEMPLOYMENT RATE JUMPS TO 5.5% WHILE INTERNATIONAL
LAW SCOFFLAW ISRAEL SAYS ATTACKING IRAN INEVITABLE AS OIL ANALYST SAYS $300 OIL
IF UN RESOLUTION VIOLATOR/WAR CRIMINAL ISRAEL DOES, BELYING THE FALSE
DATA, IE., 6-5-08 UNEMPLOYMENT CLAIMS
DOWN UNEXPECTEDLY 18,000 TO STILL HIGH 357,000, ETC., REMAINING PROBLEMS
INCLUDING HOME EQUITY AT LOWEST LEVELS
SINCE WW2, DOWNGRADES ON FINANCIALS
INCLUDING AMBAC AND MBIA, ADP, A JERSEY BASED COMPANY NOT UNFAMILIAR TO
THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS TO FACILITATE
(ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE FOR A PRICE/FAVOR) WITH
THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED, UNEXPECTED INCREASE IN PRIVATE
SECTOR JOBS, NET WORTH/WEALTH IN U.S. DOWN 11% ACROSS THE BOARD, DOLLAR DOWN AS
EUROPE RATIONALLY CONFRONTS INFLATION AND HINTS AT RATE INCREASES, OIL UP
SHARPLY, BIG DISCOUNTERS’ GAINS HARDLY MAKE FOR A POSITIVE RETAIL CLIMATE WITH
SHOPPING LEVELS DOWN 12-16%, MANUFACTURING
INDEX STILL BELOW 50 INDICATING CONTRACTION, CONSTRUCTION DOWN, INFLATION UP
(THAT EQUALS STAGFLATION), AIRLINES EXPECTING $2.3 BILLION LOSS INSTEAD OF
PREVIOUSLY PROJECTED PROFIT, LARGEST PRICE DECLINES FOR REAL ESTATE OF
RECORD –14.4% (-22% IN THE LAND OF
FRUITS AND NUTS) ACCORDING TO CASE-SHILLER INDEX, CONSUMER CONFIDENCE AT LOWEST
LEVEL IN 16 YEARS, BUT BAD NEWS BULLS RALLY STOCKS ON THE BETTER THAN EXPECTED
FAKE DATA ALONG WITH PLAIN BAD NEWS AS CONSUMER CONFIDENCE READING AT 28 YEAR
LOW, CONSUMER SPENDING FLAT ADJUSTED FOR INFLATION, INFLATION EXPECTATIONS AT
RECORD HIGHS WHILE 55% BELIEVE GOVERNMENT ECONOMIC POLICY IS POOR (I’M
SURPRISED AT THE LOW PERCENTAGE RELATIVE TO REALITY), DROP IN OIL INVENTORIES
(OIL DROPS) AND FAKE GOV’T REPORT REVISING FIRST QUARTER GROWTH TO .9% (SUUUUURE… YOU THINK THE ‘WHAT HAPPENED’
REVELATIONS, SUBSTANTIVELY REPORTED ON THIS WEBSITE LONG AGO (PRE-WAR), HAD
SOMETHING TO DO WITH THE FUDGING ), AND THINGS ARE NOT AS BAD AS THEY REALLY
ARE … GREAT … RIIIIIGHT. ANALYST EMPASIZES TREASURY YIELDS AT HIGHEST POINT
THIS YEAR, WEAK CONSUMER CONFIDENCE (WHICH TRANSLATES INTO WEAK SPENDING),
FINANCIAL MELT-DOWN FAR FROM OVER AS REGIONAL BANKS BEGIN TO TAKE HITS WHILE
OIL ANALYST CITES UPWARD PRESSURE ON PRICES AND TOUGH ENVIRONMENT FOR
REFINERS. DON’T FORGET: THIS ELECTION
YEAR PRINT AND SPEND WORTHLESS WEIMAR DOLLARS, SPIKE IN GOVERNMENT PAYROLLS,
FAKE/FUDGE DATA/REPORTS, ETC., CAN’T CONTINUE IN LIGHT OF SUBSTANTIAL DEFICITS
AND THE FANTASY BUBBLE WILL BURST POST ELECTION.
Bank issues
global stock and credit crash alert... Write Offs to Top $1.3
Trillion.Who didn’t see this coming? The Next
Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' U.S. faces global funding crisis, warns Merrill Lynch More doom for global economy Visualizing Dow 6,000 ] YAHOO… The stock market posted a 0.9% loss
Tuesday, as continued concerns regarding financials, an increase in wholesale
inflation and a rebound in crude
oil prices weighed on investor sentiment.The July Producer Price Index
brought disappointing news, although the CPI report last week showed some
cost-push inflation pressures, so the PPI reading is not a complete surprise.
Total PPI rose 1.2% in July (consensus 0.6%) and core PPI, which excludes food and energy, rose
0.7% (consensus 0.2%). That leaves the year-over-year increase for total PPI at
9.8% -- the highest since 1981. Core PPI is up 3.5% year-over-year, the highest
level since 1991.In other economic news, July housing starts and building permits posted steep
declines, although this was partially due to a change in permit applications
requirements during June. Starts fell 11% to a 965,000 annual rate (consensus
960,000) and building permits dropped 17.7% to a 937,000 annual rate (consensus
970,000). Homebuilding stocks fell 3.6%.Eight of the ten economic sectors
posted a loss in broad-based weakness.The financial sector (-3.0%) acted
as the main drag. AIG (AIG 20.37, -1.23) tumbled 5.7% after Goldman Sachs said there is an increased chance
that the insurance giant may need to raise more capital, according to Reuters. Lehman Brothers (LEH
13.10, -1.93) fell 12.8% following several negative media reports, including a Wall Street Journal article
that said Lehman's third quarter has turned ugly.Meanwhile, Fannie Mae (FNM 6.04,
-0.11) and Freddie Mac (FRE 4.18, -0.21) were unable to recover from the previous
session's steep decline. Freddie sold new five-year notes at 4.172%, which is
113 basis points more than the five-year Treasury Note. The large spread over
Treasuries indicates market participants continue to show some apprehension
regarding debt from Freddie, despite the implied guarantee from the U.S.
government.Consumer discretionary stocks
(-2.2%) also came under pressure, with the rise in crude prices and discouraging news from several
retailers (-2.7%) prompting the selling interest. Home Depot (HD 26.05, -0.91) and Target (TGT 49.74, -0.31) both reported
year-over-year declines in quarterly net earnings, although the results topped Wall Street's
forecast. Still, the companies' stocks posted a decline. Meanwhile, department
store operator Saks (SKS 10.32, -0.90) tumbled 8.0% after posting a larger-than-expected
quarterly loss. Staples (SPLS 23.56, -1.02) fell 4.2% in response to its second quarter
profit outlook that fell short of estimates.The energy sector (+2.8%) received
a boost, with oil and gas exploration stocks (+4.3%) benefiting from the 2.2%
rise in crude prices.With regard to crude, prices traded in a volatile manner
on no specific news. Oil posted a loss of 1.1% at session lows, and was up 3.4%
at session highs. Tomorrow, oil will once again be in focus with the
government's weekly energy data set for release at 10:35 AM ET. DJ30 -130.84 NASDAQ -32.62 NQ100
-1.2% R2K -1.6% SP400 -1.0% SP500 -11.91 NASDAQ Adv/Vol/Dec 755/1.74 bln/2035
NYSE Adv/Vol/Dec 855/1.01 bln/2274.… AP Business
Highlights … U.S. Economy: The Worst is Yet to
Come , U.S. Bank Failures Loom , New reports give bleak outlook on housing,
economy, Foreclosures hit a record high — and more coming, Ford readies white-collar layoffs as sales tumble
While GM Shutters 4 North american Factories/Lays off Workers (Reuters), April insured mortgage defaults rise (Reuters) (8-18-08) DOW -180.51 NASDAQ –35.54 S&P –19.60 [Still great opportunity to
sell/take profits since all problems remain and dollar mini-spike short-lived.
That hub of global manufacturing buzzing (riiiiight!) as empire state index as
measured by private economists expected to fall -4.2% but is reported up +2.8%
(almost 300% better-I don’t think so, and don’t buy the Brooklyn bridge,
watches, swamp land in jersey, etc.), inflation news double expectations Bracing for
Inflation August 15, 2008 (BusinessWeek
Growing evidence suggests American consumers, businesspeople, and political
leaders should all be bracing for double-digit inflation, probably as early as
2009), real estate falling, U.S. Foreclosures Rise 55%, Bank Seizures Reach High ,
unemployment at recession levels, etc., all news bad though fudged to upside
for election year. Note the rotation into the obscure world of so-called tech
which provides, as in prior such ploys (ie., dot-com bust, more recent bust,
etc.) the world street frauds with the ability to sell the sizzle since
investors and americans generally don’t understand it (ie., iphones are a joke
where the so-called “computer” is merely a restrictor of usual computer
functions now tied into apple products and government shill co att, and anyone
who pays the premium for apple products is a fool), and all news bad albeit
fudged to the upside in this election year.
Fake trade figures, more writedowns/bad debt, still great opportunity to
sell/take profits. Just another frothy day in the rabidly fraudulent lunatic
world of wall street and great opportunity to sell/take profits since all
problems remain and dollar mini-spike short-lived. Fog of war ( U.S. Attacks Russia
Through Client State Georgia – don’t believe american
lies/propaganda to the contrary) is frauds friend, repeat three times to
understand fraudulent wall street euphoria over diversion (Georgia conflict)
from their massive fraud which brought much greater than expected losses at
fannie (U.S. Headed Toward Bankruptcy, Says Top Budget Committee
Republican )
and triple-digit decline to triple digit upswing so especially great
opportunity to sell/take profits as glass-half-full kind of frauds point to
increase in (foreclosure/auction/forced) home sales (riiiiight!) while they can
no longer hide substantially increased
unemployment, etc., economy so bad oil demand declining which is shill point
for next stage of (new) wall street fraud/commissioned churn and earn scam
which the taxpayers just underwrote/paid for with complicit government,
executive/legislative/judicial branches/fed. Great opportunity to sell/take
profits since all problems remain as real numbers indicate previous decline in
GDP though falsely reported as gain, greater unemployment (watch for fake
numbers from government) and much more downside to come as stocks previously
rallied on sharp increase in oil prices and ADP, A JERSEY BASED COMPANY NOT
UNFAMILIAR TO THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS
TO FACILITATE (ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE FOR A
PRICE/FAVOR) WITH THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED, UNEXPECTED
INCREASE IN PRIVATE SECTOR JOBS, and short-covering. The
Dow Priced in Ounces of Gold: Secular Bear Market Since '99 by Lindstrom from
Seeking Alpha AP Business Highlights A private research group says that Americans remain
the most pessimistic about the economy since the tail end of the last prolonged
recession 16 years ago. But economists warn that the slight uptick, which
reverses a six-month slide since January, is likely to be only temporary and
doesn't signal the beginning of a rally…Yahoo… the
survey only has weak correlation with actual spending, so Briefing.com
does not put too much stock in the report.] Quantifying Inflation by Zigler from Seeking Alpha, Housing report bruises frauds on wall
street with reality but false report from corrupt, scandal-scarred, criminal
commerce department (contrary to all expectations and contrary to all regional
fed manufacturing indices which declined) provides fake report and fraudulent
lift . Great Opportunity to Sell/Take Profits as
Reality trumps bull s**t! Sell dollar denominated assets as all problems remain.
El-Erian: Buy more foreign stocksEven in this century's
darkest days of recession and war, U.S. households kept on spending. But one of
the smartest investors on the planet says the American consumer is finally out
of steam. Even if, and it is not, oil were the only
problem, the same is just a disruption away from a spike. Suckers’ bear
market/short-covering rally based on bull s**t alone, this time by wall street
shill paulson whose bailout rhetoric brings ‘irrational exuberance’ since wall
street frauds should be prosecuted, required to disgorge ill-gotten gains, and
jailed since they’re the ones who benefited and are escaping accountability by
the bailout. Except for multi-nationals and corporate welfare recipients (ie.,
Lockheed, etc.), greater than expected losses in not millions but billions
rallied the stocks. Remember, these are huge financial institutions unlike the
tiny S&Ls of the last banking fraud/wealth transfer (to frauds at expense
of taxpayers). Leading indicators revised down (after ‘election year keep the
incumbents’ fake report). What do you expect the wall street frauds/criminals
who should be held accountable and the failed (and illegal- constitution would
have to be amended to enable Fed to print those worthless Weimar dollars with
now even failed Fannie and Freddie getting some with taxpayer bailout) Fed to
say; admit they royally f**ked up, etc.,
better than expected very bad news, ie., Citibank loses only $2.5
billion, hyperinflation, over 200% more
(suuuuure!) than expected oil inventories, GM cuts dividend, Intel monopoly
eliminates AMD, economy so bad less oil use/demand, riiiiight! What total bull
s**t! SELL INTO STRENGTH, TAKE PROFITS WHILE YOU CAN!] Similarities between 1929 and 2008 terrifying [In
just the month of June, the Dow dropped 10.19%; the S&P fell 8.60%, and the
Nasdaq lost 9.10%. For the quarter, the Dow fell 7.44%; the S&P lost 3.23%,
while the Nasdaq had an anemic 0.61% gain. For the first half, the Dow is down
14.44%; the S&P lost 12.83%; and the Nasdaq has fallen 13.55%. Since their
high point last October, the Dow gave up 19.87%; the S&P dropped 18.22%;
and the Nasdaq is down 19.80%. A 20% drop from a market peak is considered the
start of a bear market — although many analysts say Wall Street already has a
bear market mentality (because the bear market already is. Some
chart data/numbers on bear markets: first chart second chart).] [CLOSE- OIL
$112.87 (RECORD TRADING HIGH $147.27) GAS $3.83(reg. gas in LAND OF FRUITS AND
NUTS $3.98 REG./ $4.91 MID-GRADE/ $5.00
PREM./ $4.66 DIESEL)/ GOLD $800/ SILVER $13.05 / PLATINUM $1,377/ DOLLAR= .67
EURO, 109 YEN, .53 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR
NOTE YIELD 3.82% FAKE GOV’T/ETC.
ELECTION YEAR REPORTS THAT EXCEED ECONOMISTS/ANALYSTS FORECAST/EXPECTATIONS,
EARNINGS NOT AS BAD AS EXPECTATIONS
(SUUUUURE-SAME OLD FRAUD). GREAT OPPORTUNITY TO SELL (TAKE PROFITS) WHILE YOU CAN,
ESPECIALLY WITH SUCKERS’ BEAR MARKET RALLIES ON NEGATIVE NEWS (PARTICULARLY
SNEAKING INTO THE CLOSE). NOTHING HAS CHANGED REGARDING TRADE AND BUDGET
DEFICITS, WORTHLESS WEIMAR DOLLAR AND THE HYPERINFLATION/STAGFLATION THEREBY,
AND ELECTION YEAR (THIS IS AN EPHEMERAL GOOD AS IT GETS SCENARIO) ATTEMPTS TO
REINFLATE THE BUBBLE, ETC., THAT HAS HELPED TO CREATE THIS FINANCIAL/ECONOMIC
DEBACLE. THE FED/WALL STREET
FOCUS/DEFLECTION ON CORE INFLATION IS A SHAM/FRAUD AND TANTAMOUNT TO
SAYING IF YOUR MOTHER HAD WHEELS SHE’D BE A TROLLEY CAR. [eND
OF FIRST QUARTER DOW –8%, nASDAQ-14%, AND S&P-10%. WALL STREET IS A JOKE
THAT IS NOT FUNNY]. USA 2008: The Great
Depression. High Likelihood of a Market Crash Similarities between 1929 and 2008 terrifying I WARNED AGAINST
THE DEBACLE IN IRAQ, I WARNED AGAINST GIVING DUMBYA BUSH WAR POWERS, I WARNED
OF THE BUBBLES IN REAL ESTATE AND STOCKS, AND NOW I WARN AGAINST INVESTING IN
DOLLAR DENOMINATED SECURITIES OR HOLDING SAME (SELL INTO STRENGTH/TAKE
PROFITS/SELL). SUCKERS’
BEAR MARKET/SHORT COVERING RALLY/NEW BUBBLE MODE (ALONG WITH MODEST DROPS
RELATIVE TO REALITY) SO SELL (TAKE PROFITS) AS THE WALL STREET SCAM IS
UNEARTHED BY REVELATION THAT OF 9 INVESTMENT VEHICLES S&P (MAJORITY OF 401K
HOLDINGS, ETC.) WAS WORST PERFORMER (1% OR LESS AND IF YOU FACTOR IN DECLINING
DOLLAR, NEGATIVE RELATIVE TO NON-DOLLAR DENOMINATED ALTERNATIVES OVER DECADE).
JAWBONER BERNANKE SAYS THIS DOWNTURN IS DIFFERENT FROM THE GREAT DEPRESSION AND
HE IS RIGHT INASMUCH AS AMERICA UNLIKE AFTER THE GREAT DEPRESSION WILL EMERGE
FROM THIS DOWNTURN AS SOMETHING SIGNIFICANTLY AND SUBSTANTIALLY LESS FROM WHICH
THERE WILL BE NO RETRACEMENT TO THE UPSIDE FINANCIALLY, ECONOMICALLY,
GEOPOLITICALLY. Bank issues
global stock and credit crash alert... Write Offs to Top $1.3
Trillion.Who didn’t see this coming? The Next
Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' . 5 REASONS WHY THE FED HAS FAILED. GREENSPAN: NO
REGRETS; U.S. IN SEVERE RECESSION. UK, US, AND
WORLD FACING THE BIGGEST FINANCIAL SHOCK SINCE THE GREAT DEPRESSION, SAYS IMF. VIX
TO VXV RATIO IS GIVING A STRONG BEARISH SIGNAL YAHOO
FINANCE SUMMARIZES THE ESSENCE OF THE TRADING DAY: [BEFORE THE YAHOO MAINSTREAM FLUFF, IT IS
NOTEWORTHY THAT ALL THE PROBLEMS REMAIN FROM DEFICITS TO WORTHLESS WEIMAR
DOLLAR TO FRAUD TO FAKE GOV’T REPORTS, suckers’ bear
market rally into the close, Analysts say
more U.S. banks will fail Jim Rogers: Dollar Doomed, Oil Will Go Over $200 per Barrel
Soon Fannie Plan a `Disaster' to
Rogers; Goldman Says Sell , why
would anyone hold/invest in dollars (deficits, trade and budget substantial,
economic growth declining) so sell/take profits, if you’re smart, as higher oil
prices (7-10-08) sparks rally (riiiiight!) and investors were encouraged by the
possibility of more contributions to their fraud, and Paulson says things are
not as bad as the reports in this election year; he’s right; they’re much
worse! Remember greenspan’s perpetual envy of all the world speeches; now
Bernanke printing hyperinflationary Weimar dollars like mad; they’re dreaming.
Similarities between 1929 and 2008 terrifying U.S. stocks post sharp weekly losses; bear market that
already is now said nears , Stocks tumble as more bad economic
news piles up, Wave of bad news sends Dow down nearly 360, Sales
of new homes tumbled for the sixth time in seven months in May while median
prices kept plunging, American Express sees worsening credit conditions, but
fake government report of higher than expected oil inventories (riiiiight!)
rallies stocks, Home prices fall in April at record rate, Consumer confidence sinks to 16-year-plus low , BlackRock sees global slowdown worsening
in 2009 , DOWNGRADES OF
BANKING/FINANCIAL SECTOR AND IN AUTO SECTOR ALONG WITH BOND INSURERS AMBAC,
MBIA, AMERICA’S BLIND SUPPORT OF ISRAEL/ISRAELI AGGRESSION DEPRESSION CONTINUES
ON COURSE, PHILADELPHIA FED INDEX REGIONAL ASSESSMENT OF MANUFACTURING ACTIVITY
POSTED A BAD READING OF -17.1 FOR JUNE WITH JOBLESS CLAIMS MORE THAN EXPECTED
AND ANALYST SAYS RAISING CHINA'S GASOLINE AND DIESEL PRICES BY 46 CENTS A
GALLON NOT ENOUGH TO HAVE MUCH IMPACT ON EXISTING DEMAND, INFLATION UP AND PRODUCTION DOWN EQUALS
STAGFLATION (EVEN WORSE WHEN REAL NUMBERS HIT HOME), NEW YORK MANUFACTURING
INDEX DOWN AGAIN, REAL ESTATE PLUNGING,
HOME BUILDERS’ CONFIDENCE AT/NEAR RECORD LOWS, BAD NEWS BULLS SCENARIO AS ALL
NEWS BAD BUT STOCKS RALLIED (AT BEST GIVING THEM BENEFIT OF DOUBT, A
SHORT-COVERING RALLY) AS CONSUMER CONFIDENCE AT LOWEST POINT IN 28 YEARS FOR
GOOD REASONS, FORECLOSURES UP 50% TO RECORD HIGH LEVELS, COMMODITIES (IE.,
CORN, ETC.) UP SHARPLY OWING TO MIDWEST FLOODS WHICH WILL ALSO IMPACT OIL TO
THE UPSIDE GOING FORWARD AS LESS
ETHANOL SUPPLIES/HIGHER PRICES, ONE RADIO REPORTER INTERVIEWS ECONOMIST WHO
INDICATES SCEPTICISM REGARDING (IE., INFLATION, ETC.) NUMBERS WHICH HE BELIEVES
ARE WORSE THAN REPORTED (HE’S RIGHT) BUT STILL MORE THAN EXPECTED UP .6% AND UP
MOST IN 6 MONTHS (INFLATION NUMBERS FUDGED FOR FED), ALL-TIME HIGH
REPOSSESSIONS UP 158%, JOBLESS CLAIMS UP MORE THAN EXPECTED AT HEFTY 384,000,
RETAIL SALES UP MORE THAN EXPECTED 1.4% (EXCLUDING AUTOS-SMART MOVE FOR NUMBERS
SAKE AND WALL STREET FRAUD), BUT INVENTORIES OF GOODS ROSE (THERE’S A LITTLE
COST-ACCOUNTING TRICK WHICH FRAUDS ON WALL STREET WOULD CELEBRATE/ENCOURAGE
SINCE QUALITY OF EARNINGS IS APPARENTLY NO LONGER SOMETHING THEY VALUE-SELL THE
SIZZLE/B**L S**T/AND WHAT IS LEAST UNDERSTOOD IS THERE MODUS POERANDI/MANTRA,
VIZ., OVER-PRODUCE GOODS FOR SALE (THE HIGHER INVENTORIES JUST REPORTED) AND
ATTRIBUTE FIXED COSTS TO GREATER NUMBER OF GOODS WHICH WOULD INCREASE PAPER
PROFITS FOR THOSE GOODS SOLD IN THE QUARTER (BE ESPECIALLY WARY SINCE COMPUTERIZATION
HAS MADE SUCH INVENTORY SURPLUSES AND THE CYCLICAL DOWNTURNS THEREBY RELATIVELY
RARE/MINISCULE) AND THEIR RETAIL SALES INCLUDES THOSE HIGH OIL PRICES, BERNANKE JAWBONES DOLLAR UP, RIIIIIGHT,
SOME REALITY CATCHES UP AS UNEMPLOYMENT RATE JUMPS TO 5.5% WHILE INTERNATIONAL
LAW SCOFFLAW ISRAEL SAYS ATTACKING IRAN INEVITABLE AS OIL ANALYST SAYS $300 OIL
IF UN RESOLUTION VIOLATOR/WAR CRIMINAL ISRAEL DOES, BELYING THE FALSE
DATA, IE., 6-5-08 UNEMPLOYMENT CLAIMS
DOWN UNEXPECTEDLY 18,000 TO STILL HIGH 357,000, ETC., REMAINING PROBLEMS
INCLUDING HOME EQUITY AT LOWEST LEVELS
SINCE WW2, DOWNGRADES ON FINANCIALS
INCLUDING AMBAC AND MBIA, ADP, A JERSEY BASED COMPANY NOT UNFAMILIAR TO
THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS TO FACILITATE
(ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE FOR A PRICE/FAVOR) WITH
THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED, UNEXPECTED INCREASE IN PRIVATE
SECTOR JOBS, NET WORTH/WEALTH IN U.S. DOWN 11% ACROSS THE BOARD, DOLLAR DOWN AS
EUROPE RATIONALLY CONFRONTS INFLATION AND HINTS AT RATE INCREASES, OIL UP
SHARPLY, BIG DISCOUNTERS’ GAINS HARDLY MAKE FOR A POSITIVE RETAIL CLIMATE WITH
SHOPPING LEVELS DOWN 12-16%, MANUFACTURING
INDEX STILL BELOW 50 INDICATING CONTRACTION, CONSTRUCTION DOWN, INFLATION UP
(THAT EQUALS STAGFLATION), AIRLINES EXPECTING $2.3 BILLION LOSS INSTEAD OF
PREVIOUSLY PROJECTED PROFIT, LARGEST PRICE DECLINES FOR REAL ESTATE OF
RECORD –14.4% (-22% IN THE LAND OF
FRUITS AND NUTS) ACCORDING TO CASE-SHILLER INDEX, CONSUMER CONFIDENCE AT LOWEST
LEVEL IN 16 YEARS, BUT BAD NEWS BULLS RALLY STOCKS ON THE BETTER THAN EXPECTED
FAKE DATA ALONG WITH PLAIN BAD NEWS AS CONSUMER CONFIDENCE READING AT 28 YEAR
LOW, CONSUMER SPENDING FLAT ADJUSTED FOR INFLATION, INFLATION EXPECTATIONS AT
RECORD HIGHS WHILE 55% BELIEVE GOVERNMENT ECONOMIC POLICY IS POOR (I’M
SURPRISED AT THE LOW PERCENTAGE RELATIVE TO REALITY), DROP IN OIL INVENTORIES
(OIL DROPS) AND FAKE GOV’T REPORT REVISING FIRST QUARTER GROWTH TO .9% (SUUUUURE… YOU THINK THE ‘WHAT HAPPENED’
REVELATIONS, SUBSTANTIVELY REPORTED ON THIS WEBSITE LONG AGO (PRE-WAR), HAD
SOMETHING TO DO WITH THE FUDGING ), AND THINGS ARE NOT AS BAD AS THEY REALLY
ARE … GREAT … RIIIIIGHT. ANALYST EMPASIZES TREASURY YIELDS AT HIGHEST POINT
THIS YEAR, WEAK CONSUMER CONFIDENCE (WHICH TRANSLATES INTO WEAK SPENDING),
FINANCIAL MELT-DOWN FAR FROM OVER AS REGIONAL BANKS BEGIN TO TAKE HITS WHILE
OIL ANALYST CITES UPWARD PRESSURE ON PRICES AND TOUGH ENVIRONMENT FOR
REFINERS. DON’T FORGET: THIS ELECTION
YEAR PRINT AND SPEND WORTHLESS WEIMAR DOLLARS, SPIKE IN GOVERNMENT PAYROLLS,
FAKE/FUDGE DATA/REPORTS, ETC., CAN’T CONTINUE IN LIGHT OF SUBSTANTIAL DEFICITS
AND THE FANTASY BUBBLE WILL BURST POST ELECTION.
Bank issues
global stock and credit crash alert... Write Offs to Top $1.3
Trillion.Who didn’t see this coming? The Next
Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' U.S. faces global funding crisis, warns Merrill Lynch More doom for global economy Visualizing Dow 6,000 ] YAHOO… News flow was relatively light Monday, but
participants still found an excuse to take money off the table. Their
selling efforts pushed the major indices substantially lower; each finished a
bit above their session lows. The early morning mood had been generally upbeat,
but as oil prices reversed declines, stocks were sent lower. Stocks then
stayed there for the rest of the session as focus returned to the troubles of
government-sponsored enterprises Fannie Mae (FNM
6.15, -1.76) and Freddie Mac (FRE 4.39, -1.46), even though crude settled lower below the
$113 per barrel mark. The two were spotlighted in a weekend Barron's
article that suggests the Treasury may need to recapitalize the duo sooner
rather than later. Trading volume climbed
in the two, but the increase was not reflected in the broader market. The
lack of volume in the broader market suggests there is no real fear in the
market for this matter. Instead, it provided an excuse for participants
to take profits. Despite the session's decline the stock market is still
up 6.5% and the financial sector is up 22% since the July 15 low. The
financial sector finished the session 3.6% lower. Other news stories were
given secondary status. In the tech sector (-1.3%), video game maker Electronic Arts (ERTS 47.76, -0.48) is letting its offer
for Take-Two Interactive (TTWO 23.75, -1.09) expire tonight.
However, Electronic Arts will join in Take-Two's review of strategic
alternatives. Home improvement retailer Lowe's (LOW 24.54, +0.04) posted
better-than-expected earnings per share results
for its latest quarter, but issued a mixed outlook. Meanwhile, mining
outfit BHP Billiton (BHP 65.48, +0.26) posted its sixth record full-year
profit and offered an upbeat outlook, according to an article in this morning's
edition of The Wall Street Journal.
Still, without any clear leader and selling abounding, only one sector was able
to finish the session with any sort of gain: the defensive-orientated utilities
sector (+0.1%). Utilities hit a 52-week low earlier this month and are up
little more than 2% since. DJ30 -180.51 NASDAQ
-35.54 NQ100 -1.3% R2K -1.5% SP400 -1.3% SP500 -19.60 NASDAQ Adv/Vol/Dec
880/1.68 bln/1935 NYSE Adv/Vol/Dec 888/984 mln/2228.… AP Business
Highlights … U.S. Economy: The Worst is Yet to
Come , U.S. Bank Failures Loom , New reports give bleak outlook on housing,
economy, Foreclosures hit a record high — and more coming, Ford readies white-collar layoffs as sales tumble
While GM Shutters 4 North american Factories/Lays off Workers (Reuters), April insured mortgage defaults rise (Reuters) (8-15-08) DOW +43.97 NASDAQ –1.15 S&P +5.27 [Absolutely, Absurdly,
Riduculous! That hub of global manufacturing buzzing (riiiiight!) as empire
state index as measured by private economists expected to fall -4.2% but is
reported up +2.8% (almost 300% better-I don’t think so, and don’t buy the
Brooklyn bridge, watches, swamp land in jersey, etc.), inflation news double
expectations Bracing for Inflation
August 15, 2008 (BusinessWeek Growing evidence suggests American
consumers, businesspeople, and political leaders should all be bracing for
double-digit inflation, probably as early as 2009),
real estate falling, U.S. Foreclosures Rise 55%, Bank Seizures Reach High ,
unemployment at recession levels, etc., all news bad though fudged to upside for
election year, and great opportunity to sell/take profits since all problems
remain and dollar mini-spike short-lived. Note the rotation into the obscure
world of so-called tech which provides, as in prior such ploys (ie., dot-com
bust, more recent bust, etc.) the world street frauds with the ability to sell
the sizzle since investors and americans generally don’t understand it (ie.,
iphones are a joke where the so-called “computer” is merely a restrictor of
usual computer functions now tied into apple products and government shill co
att, and anyone who pays the premium for apple products is a fool), and all
news bad albeit fudged to the upside in this election year. Fake trade figures, more writedowns/bad
debt, still great opportunity to sell/take profits. Just another frothy day in
the rabidly fraudulent lunatic world of wall street and great opportunity to
sell/take profits since all problems remain and dollar mini-spike short-lived.
Fog of war ( U.S. Attacks Russia
Through Client State Georgia – don’t believe american
lies/propaganda to the contrary) is frauds friend, repeat three times to
understand fraudulent wall street euphoria over diversion (Georgia conflict)
from their massive fraud which brought much greater than expected losses at
fannie (U.S. Headed Toward Bankruptcy, Says Top Budget Committee
Republican )
and triple-digit decline to triple digit upswing so especially great
opportunity to sell/take profits as glass-half-full kind of frauds point to
increase in (foreclosure/auction/forced) home sales (riiiiight!) while they can
no longer hide substantially increased
unemployment, etc., economy so bad oil demand declining which is shill point
for next stage of (new) wall street fraud/commissioned churn and earn scam
which the taxpayers just underwrote/paid for with complicit government,
executive/legislative/judicial branches/fed. Great opportunity to sell/take
profits since all problems remain as real numbers indicate previous decline in
GDP though falsely reported as gain, greater unemployment (watch for fake
numbers from government) and much more downside to come as stocks previously
rallied on sharp increase in oil prices and ADP, A JERSEY BASED COMPANY NOT
UNFAMILIAR TO THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON
PAYROLLS TO FACILITATE (ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE
FOR A PRICE/FAVOR) WITH THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED,
UNEXPECTED INCREASE IN PRIVATE SECTOR JOBS, and short-covering. The
Dow Priced in Ounces of Gold: Secular Bear Market Since '99 by Lindstrom from
Seeking Alpha AP Business Highlights A private research group says that Americans remain
the most pessimistic about the economy since the tail end of the last prolonged
recession 16 years ago. But economists warn that the slight uptick, which
reverses a six-month slide since January, is likely to be only temporary and
doesn't signal the beginning of a rally…Yahoo… the
survey only has weak correlation with actual spending, so Briefing.com
does not put too much stock in the report.] Quantifying Inflation by Zigler from Seeking Alpha, Housing report bruises frauds on wall
street with reality but false report from corrupt, scandal-scarred, criminal
commerce department (contrary to all expectations and contrary to all regional
fed manufacturing indices which declined) provides fake report and fraudulent
lift . Great Opportunity to Sell/Take Profits as
Reality trumps bull s**t! Sell dollar denominated assets as all problems
remain. El-Erian: Buy more foreign stocksEven in this century's
darkest days of recession and war, U.S. households kept on spending. But one of
the smartest investors on the planet says the American consumer is finally out
of steam. Even if, and it is not, oil were the only
problem, the same is just a disruption away from a spike. Suckers’ bear
market/short-covering rally based on bull s**t alone, this time by wall street
shill paulson whose bailout rhetoric brings ‘irrational exuberance’ since wall
street frauds should be prosecuted, required to disgorge ill-gotten gains, and
jailed since they’re the ones who benefited and are escaping accountability by
the bailout. Except for multi-nationals and corporate welfare recipients (ie.,
Lockheed, etc.), greater than expected losses in not millions but billions
rallied the stocks. Remember, these are huge financial institutions unlike the
tiny S&Ls of the last banking fraud/wealth transfer (to frauds at expense
of taxpayers). Leading indicators revised down (after ‘election year keep the
incumbents’ fake report). What do you expect the wall street frauds/criminals
who should be held accountable and the failed (and illegal- constitution would
have to be amended to enable Fed to print those worthless Weimar dollars with
now even failed Fannie and Freddie getting some with taxpayer bailout) Fed to
say; admit they royally f**ked up, etc.,
better than expected very bad news, ie., Citibank loses only $2.5 billion,
hyperinflation, over 200% more
(suuuuure!) than expected oil inventories, GM cuts dividend, Intel monopoly
eliminates AMD, economy so bad less oil use/demand, riiiiight! What total bull
s**t! SELL INTO STRENGTH, TAKE PROFITS WHILE YOU CAN!] Similarities between 1929 and 2008 terrifying [In
just the month of June, the Dow dropped 10.19%; the S&P fell 8.60%, and the
Nasdaq lost 9.10%. For the quarter, the Dow fell 7.44%; the S&P lost 3.23%,
while the Nasdaq had an anemic 0.61% gain. For the first half, the Dow is down
14.44%; the S&P lost 12.83%; and the Nasdaq has fallen 13.55%. Since their
high point last October, the Dow gave up 19.87%; the S&P dropped 18.22%;
and the Nasdaq is down 19.80%. A 20% drop from a market peak is considered the
start of a bear market — although many analysts say Wall Street already has a
bear market mentality (because the bear market already is. Some
chart data/numbers on bear markets: first chart second chart).] [CLOSE- OIL
$113.77 (RECORD TRADING HIGH $147.27) GAS $3.85(reg. gas in LAND OF FRUITS AND
NUTS $4.07 REG./ $4.91 MID-GRADE/ $5.00
PREM./ $4.66 DIESEL)/ GOLD $792.10/ SILVER $12.82/ PLATINUM $1,388.20/ DOLLAR=
.665 EURO, 109 YEN, .53 POUND STERLING, ETC. (How low can you go - LOWER)/ 10
YR NOTE YIELD 3.86% FAKE GOV’T/ETC.
ELECTION YEAR REPORTS THAT EXCEED ECONOMISTS/ANALYSTS FORECAST/EXPECTATIONS,
EARNINGS NOT AS BAD AS EXPECTATIONS
(SUUUUURE-SAME OLD FRAUD). GREAT OPPORTUNITY TO SELL (TAKE PROFITS) WHILE YOU CAN,
ESPECIALLY WITH SUCKERS’ BEAR MARKET RALLIES ON NEGATIVE NEWS (PARTICULARLY
SNEAKING INTO THE CLOSE). NOTHING HAS CHANGED REGARDING TRADE AND BUDGET
DEFICITS, WORTHLESS WEIMAR DOLLAR AND THE HYPERINFLATION/STAGFLATION THEREBY,
AND ELECTION YEAR (THIS IS AN EPHEMERAL GOOD AS IT GETS SCENARIO) ATTEMPTS TO
REINFLATE THE BUBBLE, ETC., THAT HAS HELPED TO CREATE THIS FINANCIAL/ECONOMIC
DEBACLE. THE FED/WALL STREET
FOCUS/DEFLECTION ON CORE INFLATION IS A SHAM/FRAUD AND TANTAMOUNT TO
SAYING IF YOUR MOTHER HAD WHEELS SHE’D BE A TROLLEY CAR. [eND
OF FIRST QUARTER DOW –8%, nASDAQ-14%, AND S&P-10%. WALL STREET IS A JOKE
THAT IS NOT FUNNY]. USA 2008: The Great
Depression. High Likelihood of a Market Crash Similarities between 1929 and 2008 terrifying I WARNED AGAINST
THE DEBACLE IN IRAQ, I WARNED AGAINST GIVING DUMBYA BUSH WAR POWERS, I WARNED
OF THE BUBBLES IN REAL ESTATE AND STOCKS, AND NOW I WARN AGAINST INVESTING IN
DOLLAR DENOMINATED SECURITIES OR HOLDING SAME (SELL INTO STRENGTH/TAKE
PROFITS/SELL). SUCKERS’
BEAR MARKET/SHORT COVERING RALLY/NEW BUBBLE MODE (ALONG WITH MODEST DROPS
RELATIVE TO REALITY) SO SELL (TAKE PROFITS) AS THE WALL STREET SCAM IS
UNEARTHED BY REVELATION THAT OF 9 INVESTMENT VEHICLES S&P (MAJORITY OF 401K
HOLDINGS, ETC.) WAS WORST PERFORMER (1% OR LESS AND IF YOU FACTOR IN DECLINING
DOLLAR, NEGATIVE RELATIVE TO NON-DOLLAR DENOMINATED ALTERNATIVES OVER DECADE).
JAWBONER BERNANKE SAYS THIS DOWNTURN IS DIFFERENT FROM THE GREAT DEPRESSION AND
HE IS RIGHT INASMUCH AS AMERICA UNLIKE AFTER THE GREAT DEPRESSION WILL EMERGE
FROM THIS DOWNTURN AS SOMETHING SIGNIFICANTLY AND SUBSTANTIALLY LESS FROM WHICH
THERE WILL BE NO RETRACEMENT TO THE UPSIDE FINANCIALLY, ECONOMICALLY,
GEOPOLITICALLY. Bank issues
global stock and credit crash alert... Write Offs to Top $1.3
Trillion.Who didn’t see this coming? The Next
Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' . 5 REASONS WHY THE FED HAS FAILED. GREENSPAN: NO
REGRETS; U.S. IN SEVERE RECESSION. UK, US, AND
WORLD FACING THE BIGGEST FINANCIAL SHOCK SINCE THE GREAT DEPRESSION, SAYS IMF. VIX
TO VXV RATIO IS GIVING A STRONG BEARISH SIGNAL YAHOO
FINANCE SUMMARIZES THE ESSENCE OF THE TRADING DAY: [BEFORE THE YAHOO MAINSTREAM FLUFF, IT IS
NOTEWORTHY THAT ALL THE PROBLEMS REMAIN FROM DEFICITS TO WORTHLESS WEIMAR
DOLLAR TO FRAUD TO FAKE GOV’T REPORTS, suckers’ bear
market rally into the close, Analysts say
more U.S. banks will fail Jim Rogers: Dollar Doomed, Oil Will Go Over $200 per Barrel
Soon Fannie Plan a `Disaster' to
Rogers; Goldman Says Sell , why
would anyone hold/invest in dollars (deficits, trade and budget substantial,
economic growth declining) so sell/take profits, if you’re smart, as higher oil
prices (7-10-08) sparks rally (riiiiight!) and investors were encouraged by the
possibility of more contributions to their fraud, and Paulson says things are
not as bad as the reports in this election year; he’s right; they’re much
worse! Remember greenspan’s perpetual envy of all the world speeches; now
Bernanke printing hyperinflationary Weimar dollars like mad; they’re dreaming.
Similarities between 1929 and 2008 terrifying U.S. stocks post sharp weekly losses; bear market that
already is now said nears , Stocks tumble as more bad economic
news piles up, Wave of bad news sends Dow down nearly 360, Sales
of new homes tumbled for the sixth time in seven months in May while median
prices kept plunging, American Express sees worsening credit conditions, but
fake government report of higher than expected oil inventories (riiiiight!)
rallies stocks, Home prices fall in April at record rate, Consumer confidence sinks to 16-year-plus low , BlackRock sees global slowdown
worsening in 2009 , DOWNGRADES OF
BANKING/FINANCIAL SECTOR AND IN AUTO SECTOR ALONG WITH BOND INSURERS AMBAC,
MBIA, AMERICA’S BLIND SUPPORT OF ISRAEL/ISRAELI AGGRESSION DEPRESSION CONTINUES
ON COURSE, PHILADELPHIA FED INDEX REGIONAL ASSESSMENT OF MANUFACTURING ACTIVITY
POSTED A BAD READING OF -17.1 FOR JUNE WITH JOBLESS CLAIMS MORE THAN EXPECTED
AND ANALYST SAYS RAISING CHINA'S GASOLINE AND DIESEL PRICES BY 46 CENTS A
GALLON NOT ENOUGH TO HAVE MUCH IMPACT ON EXISTING DEMAND, INFLATION UP AND PRODUCTION DOWN EQUALS
STAGFLATION (EVEN WORSE WHEN REAL NUMBERS HIT HOME), NEW YORK MANUFACTURING
INDEX DOWN AGAIN, REAL ESTATE PLUNGING,
HOME BUILDERS’ CONFIDENCE AT/NEAR RECORD LOWS, BAD NEWS BULLS SCENARIO AS ALL
NEWS BAD BUT STOCKS RALLIED (AT BEST GIVING THEM BENEFIT OF DOUBT, A
SHORT-COVERING RALLY) AS CONSUMER CONFIDENCE AT LOWEST POINT IN 28 YEARS FOR
GOOD REASONS, FORECLOSURES UP 50% TO RECORD HIGH LEVELS, COMMODITIES (IE.,
CORN, ETC.) UP SHARPLY OWING TO MIDWEST FLOODS WHICH WILL ALSO IMPACT OIL TO
THE UPSIDE GOING FORWARD AS LESS
ETHANOL SUPPLIES/HIGHER PRICES, ONE RADIO REPORTER INTERVIEWS ECONOMIST WHO
INDICATES SCEPTICISM REGARDING (IE., INFLATION, ETC.) NUMBERS WHICH HE BELIEVES
ARE WORSE THAN REPORTED (HE’S RIGHT) BUT STILL MORE THAN EXPECTED UP .6% AND UP
MOST IN 6 MONTHS (INFLATION NUMBERS FUDGED FOR FED), ALL-TIME HIGH
REPOSSESSIONS UP 158%, JOBLESS CLAIMS UP MORE THAN EXPECTED AT HEFTY 384,000,
RETAIL SALES UP MORE THAN EXPECTED 1.4% (EXCLUDING AUTOS-SMART MOVE FOR NUMBERS
SAKE AND WALL STREET FRAUD), BUT INVENTORIES OF GOODS ROSE (THERE’S A LITTLE
COST-ACCOUNTING TRICK WHICH FRAUDS ON WALL STREET WOULD CELEBRATE/ENCOURAGE
SINCE QUALITY OF EARNINGS IS APPARENTLY NO LONGER SOMETHING THEY VALUE-SELL THE
SIZZLE/B**L S**T/AND WHAT IS LEAST UNDERSTOOD IS THERE MODUS POERANDI/MANTRA,
VIZ., OVER-PRODUCE GOODS FOR SALE (THE HIGHER INVENTORIES JUST REPORTED) AND
ATTRIBUTE FIXED COSTS TO GREATER NUMBER OF GOODS WHICH WOULD INCREASE PAPER
PROFITS FOR THOSE GOODS SOLD IN THE QUARTER (BE ESPECIALLY WARY SINCE COMPUTERIZATION
HAS MADE SUCH INVENTORY SURPLUSES AND THE CYCLICAL DOWNTURNS THEREBY RELATIVELY
RARE/MINISCULE) AND THEIR RETAIL SALES INCLUDES THOSE HIGH OIL PRICES, BERNANKE JAWBONES DOLLAR UP, RIIIIIGHT,
SOME REALITY CATCHES UP AS UNEMPLOYMENT RATE JUMPS TO 5.5% WHILE INTERNATIONAL
LAW SCOFFLAW ISRAEL SAYS ATTACKING IRAN INEVITABLE AS OIL ANALYST SAYS $300 OIL
IF UN RESOLUTION VIOLATOR/WAR CRIMINAL ISRAEL DOES, BELYING THE FALSE
DATA, IE., 6-5-08 UNEMPLOYMENT CLAIMS
DOWN UNEXPECTEDLY 18,000 TO STILL HIGH 357,000, ETC., REMAINING PROBLEMS
INCLUDING HOME EQUITY AT LOWEST LEVELS
SINCE WW2, DOWNGRADES ON FINANCIALS
INCLUDING AMBAC AND MBIA, ADP, A JERSEY BASED COMPANY NOT UNFAMILIAR TO
THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS TO FACILITATE
(ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE FOR A PRICE/FAVOR) WITH
THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED, UNEXPECTED INCREASE IN PRIVATE
SECTOR JOBS, NET WORTH/WEALTH IN U.S. DOWN 11% ACROSS THE BOARD, DOLLAR DOWN AS
EUROPE RATIONALLY CONFRONTS INFLATION AND HINTS AT RATE INCREASES, OIL UP
SHARPLY, BIG DISCOUNTERS’ GAINS HARDLY MAKE FOR A POSITIVE RETAIL CLIMATE WITH
SHOPPING LEVELS DOWN 12-16%, MANUFACTURING
INDEX STILL BELOW 50 INDICATING CONTRACTION, CONSTRUCTION DOWN, INFLATION UP (THAT
EQUALS STAGFLATION), AIRLINES EXPECTING $2.3 BILLION LOSS INSTEAD OF PREVIOUSLY
PROJECTED PROFIT, LARGEST PRICE DECLINES FOR REAL ESTATE OF RECORD –14.4% (-22% IN THE LAND OF FRUITS AND NUTS)
ACCORDING TO CASE-SHILLER INDEX, CONSUMER CONFIDENCE AT LOWEST LEVEL IN 16
YEARS, BUT BAD NEWS BULLS RALLY STOCKS ON THE BETTER THAN EXPECTED FAKE DATA
ALONG WITH PLAIN BAD NEWS AS CONSUMER CONFIDENCE READING AT 28 YEAR LOW,
CONSUMER SPENDING FLAT ADJUSTED FOR INFLATION, INFLATION EXPECTATIONS AT RECORD
HIGHS WHILE 55% BELIEVE GOVERNMENT ECONOMIC POLICY IS POOR (I’M SURPRISED AT
THE LOW PERCENTAGE RELATIVE TO REALITY), DROP IN OIL INVENTORIES (OIL DROPS)
AND FAKE GOV’T REPORT REVISING FIRST QUARTER GROWTH TO .9% (SUUUUURE… YOU THINK THE ‘WHAT HAPPENED’
REVELATIONS, SUBSTANTIVELY REPORTED ON THIS WEBSITE LONG AGO (PRE-WAR), HAD
SOMETHING TO DO WITH THE FUDGING ), AND THINGS ARE NOT AS BAD AS THEY REALLY
ARE … GREAT … RIIIIIGHT. ANALYST EMPASIZES TREASURY YIELDS AT HIGHEST POINT
THIS YEAR, WEAK CONSUMER CONFIDENCE (WHICH TRANSLATES INTO WEAK SPENDING),
FINANCIAL MELT-DOWN FAR FROM OVER AS REGIONAL BANKS BEGIN TO TAKE HITS WHILE
OIL ANALYST CITES UPWARD PRESSURE ON PRICES AND TOUGH ENVIRONMENT FOR
REFINERS. DON’T FORGET: THIS ELECTION
YEAR PRINT AND SPEND WORTHLESS WEIMAR DOLLARS, SPIKE IN GOVERNMENT PAYROLLS,
FAKE/FUDGE DATA/REPORTS, ETC., CAN’T CONTINUE IN LIGHT OF SUBSTANTIAL DEFICITS
AND THE FANTASY BUBBLE WILL BURST POST ELECTION.
Bank issues
global stock and credit crash alert... Write Offs to Top $1.3
Trillion.Who didn’t see this coming? The Next
Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' U.S. faces global funding crisis, warns Merrill Lynch More doom for global economy Visualizing Dow 6,000 ] YAHOO… The week's final trading session concluded
in mixed fashion as results were mixed across the major indices. The Dow and
the S&P 500 closed the session up 0.4%, yet
the Nasdaq posted a modest decline of 0.1%.
For the week, the Dow closed 0.6% lower and the S&P 500 finished 0.1%
higher, while the Nasdaq posted a healthy gain of 1.6%. Participants initially
pushed the major indices higher as several retailers provided better-than-expected
earnings per share results and a strong dollar
helped undercut commodity prices further. Yet the
sense of bullishness during the early going waned in afternoon trade as
retailers lacked the strength to help the broader market and no market-moving
leader emerged. Kohl's (KSS 51.79, +3.52), Nordstrom
(JWN 31.54, +1.32), JCPenney (JCP 39.94, +3.11), and Abercrombie
& Fitch (ANF 52.59, +0.02) each announced earnings per share
results that exceeded analysts' dour estimates. The upside surprise is indicative
that the consumer has not rolled over. However, the retailers did issue
cautious guidance, indicating a lack of confidence in the coming quarters. In
the end, retailers finished the session 1.8% higher, besting the major indices
again. Helping improve investors' outlook for retailers was another drop in oil
prices, thanks largely to a stronger dollar. The dollar index climbed nearly
0.7% as crude shed more than 1% to settle below $114 per barrel. Strength in
the greenback also helped push the CRB Commodity Index roughly 1.8% lower. Crude prices are still up more than 18% year-to-date
and the CRB is up 6.6% year-to-date. The weakness in commodities pushed the
energy sector 1.8% lower and materials 0.4% lower. The
financial sector was unable to sustain hefty gains from early in the session.
Though settling 1.1% higher, the sector was touting a 2.6% advance shortly
after opening bell. Financials have been mired somewhat during recent sessions
by uncertainty surrounding auction rate securities
settlements. Allegations have been made against several major Wall Street firms
that clients were duped into purchasing what were marketed as safe investment
vehicles, but they later proved to be risky and illiquid. Participants looked
past a batch of economic data that indicated manufacturing activity is holding
up better than anticipated. Industrial production
climbed 0.2% during July, which follows a 0.4% increase in June. Economists
expected the latest reading to be flat. Additionally, the Empire State
Manufacturing Index, a regional survey of manufacturers conducted by the New
York Fed, came in at 2.8. It was expected to come in at -4.2. DJ30 +43.97 NASDAQ -1.15 NQ100 -0.4% R2K -0.1% SP400 -0.1% SP500
+5.27 NASDAQ Adv/Vol/Dec 1347/1.77 bln/1463 NYSE
Adv/Vol/Dec 1639/1.17 bln/1455 .… AP Business
Highlights … U.S. Economy: The Worst is Yet to
Come , U.S. Bank Failures Loom , New reports give bleak outlook on housing,
economy, Foreclosures hit a record high — and more coming, Ford readies white-collar layoffs as sales tumble
While GM Shutters 4 North american Factories/Lays off Workers (Reuters), April insured mortgage defaults rise (Reuters) (8-14-08) DOW +82.97 NASDAQ +25.05 S&P +7.10 [Absolutely, Absurdly,
Riduculous! Inflation news double expectations, real estate falling, U.S. Foreclosures Rise 55%, Bank Seizures Reach High ,
unemployment at recession levels, etc., all news bad though fudged to upside
for election year, and great opportunity to sell/take profits since all
problems remain and dollar mini-spike short-lived. Note the rotation into the
obscure world of so-called tech which provides, as in prior such ploys (ie.,
dot-com bust, more recent bust, etc.) the world street frauds with the ability
to sell the sizzle since investors and americans generally don’t understand it
(ie., iphones are a joke where the so-called “computer” is merely a restrictor
of usual computer functions now tied into apple products and government shill
co att, and anyone who pays the premium for apple products is a fool), and all
news bad albeit fudged to the upside in this election year. Fake trade figures, more writedowns/bad
debt, still great opportunity to sell/take profits. Just another frothy day in
the rabidly fraudulent lunatic world of wall street and great opportunity to
sell/take profits since all problems remain and dollar mini-spike short-lived.
Fog of war ( U.S. Attacks Russia
Through Client State Georgia – don’t believe american
lies/propaganda to the contrary) is frauds friend, repeat three times to
understand fraudulent wall street euphoria over diversion (Georgia conflict)
from their massive fraud which brought much greater than expected losses at
fannie (U.S. Headed Toward Bankruptcy, Says Top Budget Committee
Republican )
and triple-digit decline to triple digit upswing so especially great
opportunity to sell/take profits as glass-half-full kind of frauds point to
increase in (foreclosure/auction/forced) home sales (riiiiight!) while they can
no longer hide substantially increased
unemployment, etc., economy so bad oil demand declining which is shill point
for next stage of (new) wall street fraud/commissioned churn and earn scam
which the taxpayers just underwrote/paid for with complicit government,
executive/legislative/judicial branches/fed. Great opportunity to sell/take
profits since all problems remain as real numbers indicate previous decline in
GDP though falsely reported as gain, greater unemployment (watch for fake
numbers from government) and much more downside to come as stocks previously
rallied on sharp increase in oil prices and ADP, A JERSEY BASED COMPANY NOT
UNFAMILIAR TO THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON
PAYROLLS TO FACILITATE (ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE
FOR A PRICE/FAVOR) WITH THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED,
UNEXPECTED INCREASE IN PRIVATE SECTOR JOBS, and short-covering. The
Dow Priced in Ounces of Gold: Secular Bear Market Since '99 by Lindstrom from
Seeking Alpha AP Business Highlights A private research group says that Americans remain
the most pessimistic about the economy since the tail end of the last prolonged
recession 16 years ago. But economists warn that the slight uptick, which
reverses a six-month slide since January, is likely to be only temporary and
doesn't signal the beginning of a rally…Yahoo… the
survey only has weak correlation with actual spending, so Briefing.com
does not put too much stock in the report.] Quantifying Inflation by Zigler from Seeking Alpha, Housing report bruises frauds on wall
street with reality but false report from corrupt, scandal-scarred, criminal
commerce department (contrary to all expectations and contrary to all regional
fed manufacturing indices which declined) provides fake report and fraudulent
lift . Great Opportunity to Sell/Take Profits as
Reality trumps bull s**t! Sell dollar denominated assets as all problems
remain. El-Erian: Buy more foreign stocksEven in this century's
darkest days of recession and war, U.S. households kept on spending. But one of
the smartest investors on the planet says the American consumer is finally out
of steam. Even if, and it is not, oil were the only
problem, the same is just a disruption away from a spike. Suckers’ bear
market/short-covering rally based on bull s**t alone, this time by wall street
shill paulson whose bailout rhetoric brings ‘irrational exuberance’ since wall
street frauds should be prosecuted, required to disgorge ill-gotten gains, and
jailed since they’re the ones who benefited and are escaping accountability by
the bailout. Except for multi-nationals and corporate welfare recipients (ie.,
Lockheed, etc.), greater than expected losses in not millions but billions
rallied the stocks. Remember, these are huge financial institutions unlike the
tiny S&Ls of the last banking fraud/wealth transfer (to frauds at expense
of taxpayers). Leading indicators revised down (after ‘election year keep the
incumbents’ fake report). What do you expect the wall street frauds/criminals
who should be held accountable and the failed (and illegal- constitution would
have to be amended to enable Fed to print those worthless Weimar dollars with
now even failed Fannie and Freddie getting some with taxpayer bailout) Fed to
say; admit they royally f**ked up, etc.,
better than expected very bad news, ie., Citibank loses only $2.5
billion, hyperinflation, over 200% more
(suuuuure!) than expected oil inventories, GM cuts dividend, Intel monopoly
eliminates AMD, economy so bad less oil use/demand, riiiiight! What total bull
s**t! SELL INTO STRENGTH, TAKE PROFITS WHILE YOU CAN!] Similarities between 1929 and 2008 terrifying [In
just the month of June, the Dow dropped 10.19%; the S&P fell 8.60%, and the
Nasdaq lost 9.10%. For the quarter, the Dow fell 7.44%; the S&P lost 3.23%,
while the Nasdaq had an anemic 0.61% gain. For the first half, the Dow is down 14.44%;
the S&P lost 12.83%; and the Nasdaq has fallen 13.55%. Since their high
point last October, the Dow gave up 19.87%; the S&P dropped 18.22%; and the
Nasdaq is down 19.80%. A 20% drop from a market peak is considered the start of
a bear market — although many analysts say Wall Street already has a bear
market mentality (because the bear market already is. Some
chart data/numbers on bear markets: first chart second chart).] [CLOSE- OIL $115
(RECORD TRADING HIGH $147.27) GAS $3.85(reg. gas in LAND OF FRUITS AND
NUTS $4.07 REG./ $4.91 MID-GRADE/ $5.00
PREM./ $5.00 DIESEL)/ GOLD $814.50/ SILVER $14.23/ PLATINUM $1,465/ DOLLAR= .65
EURO, 109 YEN, .51 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR
NOTE YIELD 3.89% FAKE GOV’T/ETC.
ELECTION YEAR REPORTS THAT EXCEED ECONOMISTS/ANALYSTS FORECAST/EXPECTATIONS,
EARNINGS NOT AS BAD AS EXPECTATIONS
(SUUUUURE-SAME OLD FRAUD). GREAT OPPORTUNITY TO SELL (TAKE PROFITS) WHILE YOU CAN, ESPECIALLY
WITH SUCKERS’ BEAR MARKET RALLIES ON NEGATIVE NEWS (PARTICULARLY SNEAKING INTO
THE CLOSE). NOTHING HAS CHANGED REGARDING TRADE AND BUDGET DEFICITS, WORTHLESS
WEIMAR DOLLAR AND THE HYPERINFLATION/STAGFLATION THEREBY, AND ELECTION YEAR
(THIS IS AN EPHEMERAL GOOD AS IT GETS SCENARIO) ATTEMPTS TO REINFLATE THE
BUBBLE, ETC., THAT HAS HELPED TO CREATE THIS FINANCIAL/ECONOMIC DEBACLE. THE
FED/WALL STREET FOCUS/DEFLECTION ON
CORE INFLATION IS A SHAM/FRAUD AND TANTAMOUNT TO SAYING IF YOUR MOTHER HAD WHEELS
SHE’D BE A TROLLEY CAR. [eND OF FIRST QUARTER DOW –8%, nASDAQ-14%, AND
S&P-10%. WALL STREET IS A JOKE THAT IS NOT FUNNY]. USA 2008: The Great Depression. High Likelihood of a Market Crash Similarities between 1929 and 2008 terrifying I WARNED AGAINST
THE DEBACLE IN IRAQ, I WARNED AGAINST GIVING DUMBYA BUSH WAR POWERS, I WARNED
OF THE BUBBLES IN REAL ESTATE AND STOCKS, AND NOW I WARN AGAINST INVES |
Wall Street Lunacy 2007 
Current Topics 2006
Financial Lunacy 2006 
