Posted on 06/29/2016 1:03:27 PM PDT by Kaslin
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RUSH: Did you see the stock market was up nearly 270 points yesterday? How did this happen, folks? The stock market came back, futures are up 100 points, sky isn't falling, wizards of smart said that the world's financial markets were gonna go to hell all because of the Brexit vote. Sounds familiar, doesn't it?
Everything happens predictably except when the doom and gloom sets in, they want you to believe it's permanent and it's all over. And, sadly, it works. It creates cumulatively this overwhelming attitude of doom and gloom that the establishment and the left predicts and creates every time they don't get their way, and that's when it happens.
Whenever they don't get their way, when they lose an election, when they lose something that's very dear and close to them, it's the end of the world, and there's no stopping it, and nobody pays attention to the rebound. Nobody stops to explain to people that panic is the order of the day in each and every day. It's generally ginned up, and it's all part of the daily soap opera script that's written by the establishment to keep everybody unsettled and off guard.
It's becoming increasingly difficult in this country to be upbeat and positive, even for people naturally inclined that way, because the daily bombardment that you get from what is called the news media is designed to poke every positive belief people have and blow it up. Even things that have no impact on you and effect on you are presented in such a way to make you think, "Well, even if it doesn't affect me, it's hurting somebody, it's so bad out there." I mean, there is some that's bad, but it's largely manufactured by them.
My point is it's just getting harder and harder and harder to have an upbeat, positive outlook 'cause they bombard us each and every day with things. But the stock market's coming back. There really isn't gonna be any significant change attitudinally or in real terms with improvement 'til this bunch is defeated and gone. There really isn't, folks. As long as people on the left, and to an even lesser extent, as long as establishment, elite people continue to run the show wherever you are, you're not going to be happy.
They're not gonna let you be happy. They have to keep you upset. They have to keep you on edge. They have to keep a little bit of chaos going. That's how you end up saying, "Would you fix it for me? Would you fix it? Would you make me feel better?" Whatever it takes. And that's how you end up surrendering ever so slowly a little of your freedom here and a little your freedom there for happiness, for security, for consistency, whatever it might be.
And this is a great example of it. Stock market plunges five or 600 points after the Brexit vote, "Oh, my God, look what these idiot people have done." And the next stories are how many trillions of dollars of wealth have been lost. Now here comes the market roaring back, NASDAQ's up 72 today, the Dow Jones Industrial Average is back, it's all coming back. It always does.
Everything is cyclical. But there isn't any accompanying upbeat news today about any of it. No, the drumbeat is continually focused on what you need to be upset about and depressed about today. Believe me, you don't need any help with that. You're living it. You know full-fledged what's wrong, and you know full-fledged who's behind it.
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I lost many thousands on that one day drop.
Never blinked an eye.
Near zero rates make it (until it all finally collapses) the ONLY real game in town.
England was once an empire. They’ll figure out how to do fine.
Gosh, the sky didn’t fall.
This is all a distraction from what’s happening in the U.S.
One of the biggest problems in “journalism” these days is that the liberals who populate the MSM actually believe the BS they report.
Just like Y2K — all the Chicken Little Globalists and EU Nazis crying like bablies. It was predicted easily.
Someone needs to put Obama's face on this.
Maybe it was the Muslim attack on the Istanbul airport that shows things are getting back to the new normal. /s- Tom
Will someone please post this story for me? Thankyou.
http://www.gq.com/story/kurt-sonnenfeld-9-11-conspiracy-theory
You lost nothing while the indexes were down unless you sold. The value is what someone will pay for it.
The media faithfully reported the index drop but will never mention it when it goes up.
Nor will they mention the fact that the loser’s bet heavily that the ‘Remain’ position would win.
Likewise.
The EU began with the ECC, sort of like NAFTA but it morphed into a monster led by control freak globalists. NAFTA though was designed to destroy. It was a clintoon construction as I recall.
The pound sterling was before, during and after the EU. In my thinking the EU made the pound worth less.
This was a globull panic, a tempest over a tea pot, a tantrum by the globull elite and a market manipulation leading to a fear reaction.
Believe me, watch.
It is interesting to me that Trump’s economic advisor was on Lou Dobbs late Monday night I believe. Big old fat guy, bigger and fatter than me, looks like he won’t live long. He said the market will be in the black again by end of this week. Not sure it will make that but it will get pretty close. Interesting.
The megatrend to be concerned about, though you can probably do nothing about it, is the invasion of developed nations by undeveloped nations human debris. A friend said once the dike is breached all is lost.
The only people who don’t like competition are the people who can’t win. Without competition there is no advancement of mankind. Globalism, collectivism is about picking winners and keeping everybody else beat down. I still have not figured out why though.
Dangit, I meant to go long on the pound after Brexit but got distracted with life/work. Sigh.
Maybe there’s still time...
Headlines on the BBC
FTSE 100 closes above pre-Brexit level
Power? Greed? Narcissism?
We can survive IF we NOW cut off immigration big time from most countries and put Europe back on the map for immigration big time.
Many still want to come.
Before the Brexit vote, I heard most financial advisors say:
Sell your stocks. Go to cash. Sell high. When the market goes down on the Brexit vote Then Buy Low.
I suspect there are both small and big players who did exactly that.
Next thing to watch is Soros shorting his friends to whom he gives advice.
When I read that the EU was pressuring the UK to get out as quickly as possible, I though of the “Be careful what you wish for” thingy.
I imagine they want to rush the issue so it is over and done with by time France and Germany have national elections in 2017.
However, as the FTSE and other indices show, the End of the World didn’t happen. If the UK exits quickly, and then proceeds to go on and prosper even more than had she stayed in the EU, the other restless members will be goaded into action by their “Leave” constituencies.
Those who adopted the Euro will have a tougher, perhaps insurmountable task, but those 19 EU members who do not, are half way out the gate.
Keep up a good thought. Works better than gloomy ones.
I don’t care for zero hedge or pew but this is noteworthy?
Texas is getting eaten alive. But some of those minorities must be republicans or the presidential contender wouldn’t win by so much, no?
The Embarrassment is where I live. Lilly white on the east coast, though it doesn’t seem it. Yet most liberal states.
Maybe that’s why. They need a dose of reality.
In Texas I’d bet most of those are not registered since that still requires citizenship but that does not stop them from being in the census even if they are illegal aliens.
The other thing is that the primary is by party.
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