HEADED DOWN THE SLIPPERY SLOPE AND GOV ROPE-A-DOPE

http://american-armageddon.espacioblog.com/post/2009/03/28/the-debt-binge-consumer-debt-outstanding-and-total-us-debt-and This IS an IMPORTANT READ, please take time to understand what you are looking at.

You can see the "long term averages" and you can SEE where we were at in 1980 the last setup for the GREATEST ECONOMIC BOOM IN HISTORY, the stat of the longest running BULL MKT in history.

Here is ANOTHER IMPORTANT READ.....if you want to understand it will take a huge effort to disect and sift thru the good, bad, ugly and pure BS.

http://www.financialarmageddon.com/ Both sides presented.

"I think America's in this retail deep freeze," Beemer said. "I think we're going to see it go on for months and months and months."

Meanwhile, only 24.2% of consumers said they feel they have extra cash in their paychecks due to the U.S. government stimulus package, while 73.7 % said they did not.

The stimulus package includes a tax credit that will be paid to many workers in the form of less withholding tax taken out of paychecks, though at $400 annually for single workers, that amounts to only $7.69 a week.
The survey was conducted May 1 through May 3.

WHAT we have is MINIMAL GOV STIMULUS that is effecting the REAL ECONOMY and REAL PEOPLE....what we do got (great English huh?) is expanding GOV and EXPANDING BAILOUTS that DO NOT go directly into the REAL ECONOMY where the BLEEP it is needed!!!!

WHat happens when the GOV spending is increasing at an alarmingly high rate and the economy is SHRINKING by about as much? GOV tax reciepts are WAY DOWN.....so we have a GOV and FED (boy look at their balance sheet now) that is trying to PRINT and TALK their way out of this mess.....the GOV is trying to create the economy....but what it is doing is STARVING it from being able to recover and it is sucking the available monies right away from those also needing it.

I have all my monies in a TREASURY MONEY MARKET (basic MM's are NOT INSURED) and I am basically getting NO INTEREST....NADA!

REAL economies grow from INVESTMENT and MANUFACTURING, and it takes the money from SAVINGS......in a world where the need for monies for DEBT are so dramatic.....the demand so immense; how can interest rates be sitting so low? (though off THE LOWS)

New paper is printed to buy the old paper......WTF is that? OBAMA has taken the BUSH spending batton and out it on steroids......the GOV is competing with the private sector for credit and winning.

WHY isn't our GOV living within its means as we have to? YOU got A coming in you dont spend B to the infinty power.

How do th ebanks out of thin air be declared SOLVENT when the huge amount of paper issued at price X is now in the shitter? SO allowing the honest BANKERS to tell us what that crappy paper is now worth and all of a sudden they show huge profits?

IS THAT SO? hasnt some of the major profit drivers of the banking system been destroyed? IS it off consumer loans? corporate loans? mergers and aquisitions? IPO's? then what?

What is happening now is ANOTHER attempt to REFLATE deflating assets....real estate, stock markets....how? printing it to health.

WHat you can do is not buy into the myth and get OUT OF DEBT PAY IT DOWN....get LIQUID as possible.....try to ride this out.

If Banks arent loaning monies from savings of depositors what then?

My friends we need investment in the PRIVATE ECONOMY, NOT THE GOVERNMENT which is getting bigger, and invading our COnstitutional rights and lives by the minute.

The FED GOV has promised, guaranteed, bailed out equivalent to 89% of our total GDP!

Should we actually recover.....IMHO an INFLATION of extroadianry proportions awaits us.....but DEFLATION is the enemy now.

In 1930 the TOTAL CREDIT MARKET DEBT was 265% of GDP, we rose to 350% this time around......the object is to HEAL and RETURN to the norm....man we couldn't be farther away!

And like I said....just pulled this off

White House: Obama seeks hike in domestic spending- AP
In twin strokes, President Barack Obama is calling on Congress to award generous budget increases to domestic programs while proposing relatively modest cuts to wasteful or obsolete programs that just won't seem to die.

Give the money to the PEOPLE MAN....let US decide where to spend it!

Duratek