The S&P Is Going To 850, And There Are 10 Leading Indicators That Are Rolling Over Right Now

I've been in the market since Nixon and 500 DOW and it happens every time a crash comes. You have 90%+ of stocks go down on record volume with a large increase in VIX. I've seen the VIX over 70+ at times. It is just a function of trying to save capital and raise cash for the inevitable low prices coming. Crashes are nothing new. What may be new is a communist that hates America trying to dismantle the strongest economy in the world from the inside.

We already know NONE of the economic policies work that Obama is putting into effect, but we follow him like lemmings off the same cliff over and over. We even have the Greek mess on TV while we are doing it and still follow the same path they did.

It comes from public schools teaching socialism is as good if not better than capitalism. Capitalism is proved to work every time and socialism proved to fail every time, yet we still see the Che T shirts in the mob. What many can't seem to recognize is crony capitalism. They make rich the commies they choose like the "green" companies or the liberal "think tank" people. If you notice, the green stuff is subsidized and oil drilling is forbidden, or taxes raised to make it less competitive artificially. If oil was allowed to be "free" to move naturally, more drilling would ensue and the price would fall to a level that would permanently kill the "green" stuff. These cronies would go broke and their dream of flux capacitor cars would die with them. If pure capitalism was practiced, the subsidies would dry up and they would fail, just as the capitalist model would predict.

There are many that bought the "green" companies,( solar, bio fuels, wind, ect) thinking they would be propped up by the Dems only to face the inevitable slide in oil which makes them totally irrelevant. The price of fuel will eventually reflect the market and the subsidized "green" stuff will collapse.( aka ethanol)

If you take the time to look, the same names keep appearing in things like the Carbon Trading scheme and other "new economy" schemes" that would make the same commies rich. They use this money to re-invest back into the destruction of the US economy and build their socialist utopia.( aka, Soros, Gore, ect).They would be under a bridge in a cardboard box if they didn't manipulate the economy with tax money to make themselves rich.

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