Posted on 08/27/2009 9:01:33 PM PDT by Kartographer
Rather than summarize, let me just highlight some of his best one-liners:
On retail: "The retail business is terrible... It's almost all negative." "We're going to close hundreds of thousands of stores." On the consumer:
"They’re still over leveraged, they're losing jobs, their credit has been cut back." On America:
"We are in the tank forever. As a country we are out of control, we're in a death spiral." On the stock market:
"We're in terrible shape. That's what the fundamentals tell me. I can't explain the stock market."
(Excerpt) Read more at finance.yahoo.com ...
When I get hungry, I’ll go to my retired politicians house. I know where they live.
Wonder if that’s what’s causing the blip in house sales?... and prices?
Lots of newly printed dollars being spent buying repos, without regard to price?
And will all those government houses (if that’s what’s happening) - become America’s own version of communist bloc apartment buildings?...
The banking industry slide a lot of cash to the Republicans to change the bankruptcy laws.
They even let Cold Cash Jefferson D-La remain in office without compliant as he agreed to vote for the BK bill. This is what Nancy Pelosi was talking about re: "Culture of Corruption.
No Republican would even think of sassing her back... they knew she had them.
Get a government job. Your government salary will be better than gold if we go into deflation and COLA increases will keep you whole if we get inflation instead.
Fantastic Post, Scared me right out of my shorts.
Well, if you think the stock market is going to come to its senses, you can invest in reverse index funds (for ex, DOG).
You can short individual stocks, but I prefer not to do that. Doing it through these reverse index funds spreads the risk and you dont even need a margin account.
The uptick in houses is directly a result of the $8,000 tax credit for those making less than $75,000 to $90,000 per year. I believe this is temporary.
The tax credit expires in November. Like the “cash for clunkers” program, it will sop demand from the future.
Check out the ticker symbol SDS and other’s like it. They do short and ultrashort in simple, pay to play stocks. The summary of the SDS (ultrashort) is that you buy it at a price, call it $100 a share. If the market goes up 2% you lose 4% ($4), if it goes down 2% you gain 4% ($4). I don’t know how or when it reconciles, I am researching it now for all of these reasons mentioned above.
it is important that you buy guns.
many purchase guns but do not use them but now u must use them.
anything can be stolen from liberals.
there is a site i go to that talks of the endtimes. prepare sister.
read the scott marshall townsend newsletter. forced healthcare abortions coming soon so be ready.
In order to fix Congress to the point of rendering Obama impotent (or even removing him on a suitable pretext), you need a majority of the House and two thirds of the Senate (actually, you need two thirds of both houses to override vetoes and slap him around in office, but a mere majority of the House suffices for removal, LOL).
The whole House is up in 2010, but, alas, not enough of the Senate to do the job well and truly.
One might hope the result will add to the number of worthless sheeple who will vote correctly in 2010, despite their sheeplehood.
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