REALITY CHECK

**NEWS FLASH "INITIAL CLAIMS "SURPRISE" JUMP TO 484,000 yeah Recession is fing over!

Realty trac tracks forclosures, and funny thing, with market soaring.....foreclosure notices are also soaring.....1 in 100 home owners! even with moratorium, and all gov programs the volume is increasing......some things you cannot throw smoke over.

More foreclosures....more pressures of home owners and home prices.....must not be effecting bank profits....

SINCE 2007....there have been only 4 months where money flowing into bond funds did not exceeed stock funds....only 4. FED'S attempts to reflate main street have failed...as the bankers are rolling in it.

A stark reminder to me that something is horribly wrong here....fishy, the Conference Survey of Consumer Present Conditions as it now languishes around 35 !! This time in 2003 recovery it was closer to 100 !!! but this time we have 75% rally.....the movement of the stock market HAS BEEN VERY CLOSELY correlated chart wise to the rise and fall of this component.....except now.

WHY is it that after 75% stock rally guy on street wants none of it and continues to feed the bond market?....must not like what he SEES...HIS reality not the trumped up MSM one.

Foreclosures escallating, even in face of grand gov intervention, friends this isn't because consumers are getting jobs or feel more confident....recovering economy? or the recovery of overt BS? buyer beware

And IMHO the unreality of the markets rise compared to life on the street puts a MARKET CRASH BACK ON THE TABLE. The rise makes no sense, in the face of the real life data.....bottom was NEVER TESTED.......almost NO corrections in 12 months......WHOLE TIME LITTLE DUDES POURING MONEY INTO BOND FUNDS........8 million lost jobs since 2007? are they pouring money into STOCKS? 401k's??? how about all those people not making mortgage payments? THEN WHO IS?????????????????

The people supposedly of the WE THE PEOPLE just want some SAFE YIELD...but the FED SAYS NO WAY....reflation usccessful in just a few areas...commodities and stocks......the FED GAMBIT has not led to a recovering sustainable recovery IMHO

How can THEY say it's getting better if the cause of the CRISIS was housing, and housing sits in a deep deep whole? with foreclosures escalating? one in 4 underwater? where is the improvement?

Banks recording "record profits" FROM WHAT???????????????? and they are BULK of SPX reported earnings......but home prices have not stopped falling, bank profits are a mirage...a LIE if the depreciating paper is not shown at TRUE VALUE?

Strong hands of stocks would be LTBH types, where are they? then who is pushing up stock prices? WHO?????

The lie of recovery is spreading, from every mouth from the tube.......truth lies in the dark corners of the forclosed homes and shopping malls.....where millions stopped paying and diverted mortgage payments to consumer spending....and await their GOV bailout or principal reduction.....NO that wouldn't put pressure or everyone elses home value....or put losses on bank balance sheets.....we got bigger banks, which can assert even more CONTROL AND POWER over our lives.....thanks to WHITE HOUSE AND FED POLICIES....and all the avg Joe does is bend over and take it.....send some of that out of control spending my way...I know what to do with it...IN REAL MONEY.....the man behind the curtain is EXPOSED...pasty and full of back hair!

D