Friday, March 20, 2009

THE GREAT HOAX

NO......this move is the GREAT HOAX

How could a plan crafted by total idiots, bills (stim etc) passed by bigger idiots who dont even read them.....plan crafted by those who got us HERE....a PRes who thinks getting on Letterman was good idea, a GAY ELMER FUDD leading the DEM charge, unconstitutional tax bill to cover up THEIR SHORTCOMINGS....outrage should be directed to Congress and Federal Reserve!

THIS GAMBIT IS DOOMED TO FAIL..............HOW CAN HOMES BE BOUGHT in enough volume when 650K a month are losing their jobs? CONSUMERS ARE DOWN THEIR FOXHOLE AND NOT EASILY COMING OUT.

LAST GREAT BUBBLE IS NOW FORMING IN US COMMODITIES forced out by weakening US$ and flight to something REAL......DEMAND TO DO SOMETHING WITH OIL, STEEL ETC IS NOT THERE.

The 40 yr generational cycle (1929, 1969) is PEAKING NOW. (Harry Dent)

I still believe the greatest bubbles in history and excesses and total credit mkt debt FAR excededing the Great Depression ends with similar stock retrace and consequences....with potential 80% retrace or more from the top....

If Bank profits are SHOWN to BEAT expectations and it is HYPED next report as WORST IS OVER for financials...sure rally could be propped......it would be as thin as paper and offer another great opp to get short as hell IMHO (or sell if already hadnt at higher prices IMHO)

STIM THAT DOESNT STIM?

NEW YORK (CNNMoney.com) -- Big money often spurs big battles. A month after President Obama signed the $787 billion economic stimulus law, governors and state lawmakers are already fighting with Washington and each other about putting the money to use.
At least two governors are asking the White House for special consideration in applying the funds meant to shore up state budgets.
And several governors, saying they don't want to expand eligibility, have turned down millions of dollars of unemployment benefits. This, in turn, has pitted some against their own state legislatures and prompted some lawmakers to threaten to take matters into their own hands.

RON PAUL KNOWS http://www.house.gov/paul/ "can't re-inflate the bubble" youtube video

I am NOT sure how far current rally can take us, maybe even FARTHER than I think given our situation, Bear Markets LURE IN as many as possible to take their money. UNPRESCEDENTED MONEY has been thrown at this problem, maybe it has to go somewhere, the gambit is FED makes your today money worth LES AND LESS by trying to DEVALUE IT....FORCE RATES DOWN to unheard of levels which will cause many on sideline to incur addt'l debt....and move housing inventory.....but it may also have unintended consequences.

Duratek

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