Archive for August, 2011

Do Not Believe the Wall Street Rally

Friday, August 12th, 2011

My dear friends,

I have told you a number of times during the past 24-36 months, ” do not believe the short term  rallies in the market.”

The economy is in bad shape, and still needs another 18 months to bottom out.

This is assuming that Obama does not get reelected.

If he wins a second term, all bets are off.

When I say bottom out, the last part of this shakeout will be the worst part. As a people we Americans are very adaptable, and have a short memory.

They have gotten us used to a lower standard of living. Gas at 3.75 a gallon is better than 4.25, but still better part of .80-.90 higher than last year.

We are told to drive less, to carpool, and to stock up on sweaters for the winter.  …And  we do it, setling into a less comfortable standard of living.

We are told the rest of the World will love us again if me freeze in the winter, sweat in the Summer,  eat less , and stock up on foods that are generic, and cheaper, meanwhile less fresh and healthy.

Well the rest of the world does not love us, and eating cheap fatty foods is well represented in the spreading rear ends of the American population.

I don’t want to be cold in the winter. I don’t like bulky sweaters. I’ve worked all my life and feel that i’ve earned the right to wear what I want, and heat and air condition my surroundings any way that I choose.

All we have to do is find or keep a job, and pray that inflation and a dropping Stock Market doesn’t wipe out what little we have leftafter loosng our homes.

Sell this bill of goods to someone else.

Beware the Market, especially if the Tax and spend party wins again and does its thing.

America we are in trouble

A Perception of our Future, The Good* The Bad* The Very Ugly, View # 3 The Very Ugly,part I

Saturday, August 6th, 2011

    When the going gets tough, our leaders look for someone else to blame. Someone else caused the problem.

     For the first 5 years of his administration, President Obama beat on the Bush legacy.

     It was Bush who caused the depression of 07.

     It wasBush who caused the housing crash,

     It was Bush who caused the great Wall Street collapse of 2011-2013.

     Bush created Fannie & Freddie mortgage abuse.

     It was Bush who squandered $ trillions to stimulate the economy, pushing us into an unfunded debt position approaching $100 trillion and counting.

     When the American people finally got tired of the “demon” Bush legacy, the Progressives followed the tried and true path laid out by their Icon ,FDR, and pushed the foolish, but widely accepted, notion that a good expensive war is a savior for the economy.

     “After all, war pulled the United States out of the last Depression, becomes the mantra of a government with little will for hard economic choices.

     The alternative of a greater  war to rescue the economy of the Nation is a grim solution which many find unavoidable.

     The parameters of an exploding  World War III have been fermenting for hundreds of years. 

     The West has been under increasing attack during the past century, with the conflict becoming up close and personal on 9/11/2001.

     While the Progressives have developed an entendre with redical Islam, the opportunity to turn this errupting crisis into an opportunity for political and economic gain is embraced.

     Europe becomes the initial battleground for this conflict, but the soft Muslim underbelly of the Continent makes Europe a hellish place for several decares.

     Terror , reprisals, and retalliations destroy the economies of many countries, and leaves their populations bitter and suspicious.

     North America will become a locked down fortres,  resulting in the stifling of much of our freedoms both civil and economic.

                           End of Part 1 More later