|
The Cure Has
Been Discovered |
|
The Disease:
That pernicious, cruel gap between the
rich and the poor. |
|
Extensive,
non-government funded research has
finally isolated the ultimate cure. |
|
The Cure:
Poor people need to get work, perform
well, and they will prosper according to
their ability. |
|
|
|
Excerpted from
a 1777
ship-board letter of the 20-year-old
Lafayette to his wife
while en
route to America to join the
rebel cause. |
|
"The
welfare of America is intimately bound
up with the happiness of humanity. She
is going to become a cherished and safe
refuge of virtue, of good character, of
tolerance, of equality and a peaceful
liberty." |
|
|
|
No, really Warren? |
|
Berkshire
Hathaway's
Chairman Warren Buffett
announced that the company
experienced its worst year
ever in 2008.
Its per-share book value
declined 9.6%. |
|
So... let's
see. It's hard to make money in a down
market? Yes. Now people may learn that
it's easier to profit in an up market
such as America's capitalistic boom
following WWII, especially when it was
given a massive boost by President
Ronald Reagan's policies which caused
the 25-year-long Reagan bull market of
1982-2007. |
|
Perhaps even
Warren Buffett will be less god-like
during the coming depression. |
|
|
|
Broken, Over, Done, Finished, Complete |
| Those who are under 50
years of age must read
the history of
markets to learn about the days when markets
fluctuated based
upon fundamentals and technicals. |
| In
October, 2007, we experienced the final,
last, and harshest
death scream of
the Reagan bull market.
Now we know exactly when it was born and
how long that bull lived:
Born: August,
1982 -- Died:
October, 2007. |
|
|
|
Thank You, USA |
|
On January 31, 2009,
the Iraqi people voted
in their second free election
since the USA-led
liberation of all 26 million Iraqi
people freed them from the sadistic,
deadly, dictatorial Saddam Hussein
regime. |
|
Surely
millions of Iraqi
people want to say, "Thank you, USA, for
sacrificing your finest military men and
women and allowing the division of your
people into the wise and the unwise". |
|
|
|
Method 1959 |
|
"We can't
expect the Americans to jump from
capitalism to
Communism, but we can assist
their elected leaders in giving
Americans small doses of socialism until
they suddenly awake to find they have
Communism." |
|
--
Soviet Leader Nikita Khrushchev,
1959 |
|
|
|
Why It Matters To You |
|
This is the stuff of
confidence-destruction. It will lead to the
financial markets' continuing decline.
Investors only invest when
they trust the systems that they are investing in. |
|
Read about BO's choice to run the US Treasury. |
|
|
|
Did you
ever wonder why America's enemies hate Republicans
but love Democrats? |
|
|
Underground
Be
not ashamed to be very afraid of what is being planned
for you.
|
|
Assets Valuations
Even the best performing & highest quality assets,
from real estate, stocks, bonds & more, are liable
to be sold by people who need to raise cash.
No asset valuation is secure. |
|
|
One over-hormonalized chin replaced another. All else
remains the same in Yahoo's CEO chain. |
In: Carol Bartz |
Out: Sue Decker |
|
|
Straight
|
|
How & Why
The World Went Bust
|
|
This Ponzi scheme impacts everyone. It started failing in 2006. It stopped
working & the derivative flow slowed and
began its downward cascade in 2007. The downward cascade
accelerated in 2008, when housing
valuations declined, there were few takers remaining for
cheap housing money, and those who had taken the cheap
housing money began defaulting in large numbers. |
|
|
Hurry Up Mess Up |
|
Many of today's insecure,
inexperienced, pathetic, meek weaklings hurry, hurry,
never pause, never contemplate alternatives,
just keep moving, often
missing opportunities & efficiencies.
BO is in a hurry. |
|
|
Destruction |
 |
Damage to the
financial system is quantifiable. Damage to
the workplace is identifiable. Damage to the
female psyche, self-confidence, self-image
is difficult to quantify. It is seen
driving, walking, shopping, in restaurants,
and as the female population attempts to
raise their children, |
|
interact with their
spouses, and just try to exist while
effectively multitasking & oscillating into
oblivion.
Read about the victims. |
|
|
Yes, we did produce a
near-perfect republic. But will they keep it? Or will
they, in the enjoyment of plenty, lose the memory of
freedom? Material abundance without character is the
path of destruction. |
|
Thomas Jefferson |
|
|
Concepts Are Tough For
Morons |
|
Morons
stand around, oil oozes
up between their toes, and Western
technology pumps it into tankers to fuel
development elsewhere. |
|
Morons
will never comprehend that they contributed
very little to
global development. They
may now be seen to
be what they are. BO's imminent
arrival, Israeli self-defense,
Russia's threatening
Eastern Europe & around Cuba,
terrorist outbursts,
Venezuelan unrest, & more, yet oil
continues its
downward trend. |
| The
concept of unintended consequences is lost
on each and every moron who
gets the notion that he
can rule the world. |
|
|
Underground
Be
not ashamed to be very afraid of what is being planned
for you.
|
|
Illinois's BO Wins |
|
The
Bush administration handed Illinois' BO five
year's worth of progress toward the
nationalization -- socialization, that is -- of the US economy. |
|
Illinois' BO,
your pres-elect 44, could not have
accomplished in his first term all that has
been done for him by the Bush administration
and the socialism-promoting US Congress. |
|
Correction:
The US Congress is not socialist, per se. It
does not have the intellect to think in
ideological terms. Today's US Congress is
composed of ill-educated, unthinking,
confused, petty lawyers who have been overly
empowered by the illiterate electorates they
represent. |
|
|
Their Over-reach Will
Save Us |
|
In 1977, there was the
Community Reinvestment Act. Then came FNM, FRE,
GNM, ACORN,
Dodd, Frank, Pelosi, Reid. Now Obama, a
far-reaching community organizer. |
|
They caused the global
financial meltdown. |
|
Several other nations are
on the rise supported by more workers
working for lower wages. And each of these nations
uses the same technologies as the US. |
|
The US is slowly
recovering using those same technologies. |
|
However, the US will not
recover as well as several other nations,
including China, India, & ... |
|
Other nations whose
populations are more disciplined, more
accepting of less comfort, more willing to
work hard for less remuneration, will rise
further and farther along the new road of
progress than today's US is capable of
traveling. |
|
Americans are too
self-involved, arrogant, narcissistic,
complacent, and now they wait for government
to lift them
out of this economic downturn. We are all
victims and -- of course -- we feel very,
very good about that. So we simply sit down,
whine, and wait to be saved by our
government. Our government is planning to
use socialism to save us. Socialism has
never saved anyone but the top dog
socialists who keep themselves in power
through the force of evil. |
|
|
Up &
Down |
|
In the final
tally, the Madoff loss will be larger than the original
estimate of $50 billion. |
|
In the final
tally, the value of all ABSs, MBSs, CDOs, synthetic CDOs,
CDSs, plus all other unknowable contrivances and derivatives
will be worth less than $0.05 on the dollar. |
|
These
computer-engineered & generated contrivances
will be near-worthless and marketable only in a
junk market of junk. |
|
|
|
|
1974 |
 |
Sears Tower was
opened for business in 1974. It was planned to be
the international corporate headquarters for Sears,
the world's largest retailer.
In 1974 Sears Tower was
the world's tallest building. |
|
|
|
Where Have
The Men Gone? |
|
Many businessmen have experienced cash
shortfalls and operating difficulties. Those men worthy of
managing businesses find creative ways to maneuver their company
out of financial and operating difficulties. Even owners of
service businesses can successfully maneuver, avoid bankruptcy,
and grow their company into prosperity. |
|
General Motors celebrated its 100th
anniversary in September, 2008. |
|
Men starting with William C. Durant, GM's founder,
overcame bigger problems than those facing GM today. |
|
|
|
The US
Constitution Is Going To War |
|
The
Founding Fathers knew tyranny from history and from living under it. They
devised the US Constitution to ensure that as long as Americans stand up to
defend their rights and use the US Constitution to aggressively defend
themselves, they will be assured of their liberty and rights. |
|
Americans inherited a defense mechanism: The US
Constitution. |
|
The time has come to stand up & defend our rights
and liberty. |
|
|
|
1974 |
|
|
The Sears Tower was
opened for business in 1974. It was planned to be
the international corporate headquarters for Sears,
the world's largest retailer.
In 1974 Sears Tower was
the world's tallest building. |
|
The decline of Sears
can be traced back to 1974. The story
presented here contains first-hand
knowledge of events from inside the
executive level of Sears. It identifies
the hubris of the board of directors
related to the meddling of the US
Congress in employment policy. It
identifies the cause of the
demoralization of Sears' workforce. It
provides background that explains the
decline in Sears' quality of operations,
products, services, and its fall from
being the world's largest retailer.
Sears is today a stub of a corporation
making money on momentum and
ever-attempting to develop a new retail
image, yet failing with each attempt. |
|
Sears is a
metaphor for the United States of
America. The relatively small Sears
collapsed quicker than the massive USA.
This story provides the parallels to
allow the reader to chart the US'
inevitable path over the next several
years. |
|
The fate of the
United States of America is traveling along a
similar trajectory of failure. |
|
Developing |
|
|
|
Sunrise
Sunset |
|
Welcome to another bright sunny day. Oh yah....
Another of those boring, repetitive days of waking
to peacefulness, comfortable home life, and a secure
freedom to do as you like. Another day of that
boring drive to work in that comfortable car,
working to earn a decent living, feeling good about
your prospects, returning home in the evening to the
same old dinner table, relaxing after dinner with
your reading, hobby, and if fortunate, your spouse.
Don't be concerned. Those boring, repetitive days
are coming to an end. |
|
|
|
America's
Test |
|
The US
has reached a tipping point.
US industry cannot be forced by unions, by
Congress, by cultural do-gooders to hire
under-qualified workers for irrelevant
reasons. |
|
Only the most
qualified workers should be hired. |
|
Only the
company-determined number of workers
should be hired. |
|
When the workload
decreases, workers must be laid off and
their pay should go to zero. |
|
America is a failing nation. |
|
|
|
Trust
Precedes Confidence |
|
A person
who contracts with a lender to borrow
money to purchase a home is a debtor.
Wanna do a deal? |
|
|
|
It matters less
whether a man is born smart or dumb.
What matters more is that he acquires
the ability to act wisely. |
|
|
|
5th Amendment |
|
There is no need for the 5th amendment these days.
No one uses -- or needs it. |
|
All the liars, cheats, & thieves simply get sworn in
& proceed to lie. Why not? God? Personal integrity?
Quest for the truth? Self respect? |
|
|
|
Dumb. Simply
Dumb. |
|
Imagine that you were entrusted to run
history's most successful
experiment in
liberty and opportunity. What would you
do? You would promote all that has made
that nation successful. |
| Obama
is using his privileged position to
dismantle capitalism, disrupt
opportunity, and destroy the
inventiveness and security of
the American
people. |
| It is
no wonder BO would not release his
college and law school transcripts. He
is displaying how dumb he
really is. |
|
|
|
Self Defeat |
|
In an
ongoing, repetitious, unending stream,
nearly all major economic indicators
point to a continuing decline in
available jobs, manufacturing activity,
the housing market, investment and asset
valuations. Prices for cars and homes
are declining, but there is little
credit available, so purchases are
difficult and less likely than is
required for economic growth. |
|
Until investors believe they may invest
with a reasonable opportunity to make a
profit, they will not invest. Until
confidence returns to markets, credit
will remain in tight supply. |
|
|
|
Playwright Edward
Albee said, "You gotta have swine to show you where
the truffles are". |
|
|
Who. |
| It is
often said that the voters get the
leaders and government they deserve.
Have we become so childish, so selfish
and self-absorbed as a people, that we
will haplessly -- no, make that joyfully
-- embrace politicians who are equally
as selfish and self-absorbed? Are we as
a people so morally bankrupt that we
casually accept the Machiavellian dictum
that to be a leader "you must be a great
liar and a hypocrite"? --
Janice Crouse |
|
|
|
The Pentagon said on
Tuesday that 61 former detainees from its
military prison camp
at Guantanamo Bay, Cuba,
appear to have returned to terrorism since their
release from custody. |
|
|
Sunshine |
|
Once Congressional Democrats see President Bush
leave, they have little need for BO. They will more
readily support "President Pelosi". They will
accomplish little. They will fight amongst
themselves. Conscious Americans will begin to
realize that BO is effeminate, weak, and has
accomplished little beyond fooling a majority of them. |
|
|
They
All Lost |
|
Did you serve in the US military? Did you serve in
peacetime or go to war to preserve liberty in the US
or another nation? |
|
Did your father, grandfather, uncle, cousins go to
war to preserve liberty in the US or another nation? |
|
Did they believe they won? Did they believe they had
helped stave off communism or some other form of
tyranny or demagogue? |
|
If so, the ascension of Obama to the presidency
negates their sacrifice. As of January 20, 2009, the
US has lost the Cold War and every other war it
waged to defend liberty, personal rights, and
capitalism. |
|
|
Was
anyone attending
the BO inauguration
celebrating America's
accomplishment, opportunity, liberty, history,
security, Constitution
& Bill of Rights? |
|
Too
many Americans fail to understand that without the
US Constitution, the Bill of Rights, and legal
system, few Americans could prosper, live in safety,
and expect to be better off tomorrow for having
worked earnestly today. |
|
|
|
|
Cicero
identified why today,
everywhere we look, we see only juveniles: |
|
"To know nothing of what
happened before you were born is to remain
ever a child." |
|
|
We
learn and know
little about the good people in this
world. We know much
about the worst people because the
worst stand up stridently
demanding that we follow them. |
|
End |
|
We live in
dangerous times wherein he will proceed with
arrogant impunity. He
will make serious
mistakes, deny
responsibility, and attempt distractive
cover-up. |
|
He will be brought
up on impeachment charges for violating his
oath to defend and protect the US
Constitution and American
people. |
|
|
Beyond |
|
Beyond Constitutionalism:
When the Constitution is interpreted,
twisted, and changed in ways that deprive
individuals of God-given rights and liberty,
there can be only one action due. |
|
Beyond
Patriotism: When patriotism represents
only a lingering memory, when there is no
present spirit of decency and pride, when
the people no longer strive for unification,
when there is perversion of the legal system
that had protected the people's rights,
liberty, morals, ethics, and economic
philosophy, there can be only one action
due. |
|
Beyond Leadership:
When the esteemed leadership does not embody
the imperfect attempt at perfection with
moral, ethical, religious, and economic
philosophy building for productive ends,
there can be only one action due. |
|
Beyond: When
God-fearing, law-abiding, ethical, moral,
freedom-loving, capitalists must subvert
their methods, supplicate, and resist just
to hold even, there can be only one action
due. |
|
Resist or sink in
quicksand. |
|
|
Losing
|
|
Obamaniacs are losing
what they never understood they had. |
|
Those Americans who
understood and truly appreciated freedom, liberty, and opportunities they had
will miss what they are losing. |
|
Why is it that the
ignorant fools of this existence seem to
gain by taking from the generous, educated,
thinking few? |
|
|
Straight
|
|
How & Why
The World Went Bust
|
|
This Ponzi scheme impacts everyone. It started failing in 2006. It stopped
working & the derivative flow slowed and
began its downward cascade in 2007. The downward cascade
accelerated in 2008, when housing
valuations declined, there were few takers remaining for
cheap housing money, and those who had taken the cheap
housing money began defaulting in large numbers. |
|
|
Deep, Dirty Sea |
| Consider
where the nation has devolved to over the
last 40 years and the inept, unqualified
leadership that infests
the US
Congress' House and Senate chambers, the
executive branch, and much of the judicial
branch where the Supreme Court
holds onto Constitutional
ideals by a
one or two vote margin. |
|
The
USA will either pull itself out of this
nadir or sink to new depths over the next
years. |
| It is
disgusting to observe. It
is frustrating to
witness our once-great nation decay
further. However, it
is now so very, very, very malevolent and
corrupted with filth and incompetence that
it can only improve or it
will pass into
irrelevance. |
|
|
Why Buy?
...Anything other than great sports cars, greasy
cheeseburgers, and quality clothing, that is. OK,
also books... but only if you are wise enough to evaluate
wisdom hard-won over centuries. |
|
Fire Sales |
|
The fire sales are
starting. AIG is attempting to sell its
boiler maintenance and insurance division to
a Belgium company for something more than
$700 million. It purchased this division in
2000 for $1.2 billion. But today AIG needs
money desperately. |
|
Companies
needing capital will be
selling operating
divisions. The sales will
be at bargain prices.
The buyers will be any company willing to
buy... just as in Palm Beach, Florida's
pawn shops.
Sellers will
include many US companies,
as well as
companies in other nations that are bust
because they bought into
the unrealistic interest game known as
CDOs, etc.
Potential sellers reside in nations in
nations in Europe, Asia, and
parts of the
Middle East. |
|
Ownership of
industrial, real estate,
and financial assets will shift
across all borders...
from once-wealthy hands to newly-wealthy
hands. Over
the coming years,
major pieces of
AIG and many other
companies will be
dispersed around the world. |
|
The juveniles
that rioted in
Seattle a decade ago
upsetting one of the first globalization
conferences have lost their fight
against globalization. |
|
The
US sub-prime debacle will be seen someday as
having accelerated economic
globalization. |
|
|
|
|
Beyond Infinite Arrogance |
|
Ford Motor paid off $9.9 billion of its debt using
creative thinking. Ford management realized that its
debt would destroy the company. |
|
GM (led by a
Rick Wagoner) could have
accomplished this also.
But no. He (GM
under failed leadership) chose to take free money
from Satan. Now Satan owns GM. |
|
People will never
learn that there is no such
entity possible as "free money".
Axiomatically, free money cannot exist. |
|
It is not a potential
construct within reality. It may be contrived
only in the
human mind. But
to gain life the mind that conceives it must
stop considering it. |
|
|
|
BO
Can Not Learn His Lines |
|
On March 3, 2009,
amidst stock markets that have declined
roughly 50% over the last 1-1/3 year,
meaning stock investors have lost over
$2 trillion, BO alluded to the "profit
and earnings ratio". Then BO had the
gall to tell people now is the time to
buy stocks. |
|
BO is so uninformed &
uneducated about capitalism & markets
that he fails to understand a key
relationship. Investors know about P/E,
the price-earnings ratio. BO is so
arrogantly unconcerned and stupid that
he cannot retain information from his
handlers' briefings. |
|
BO is operating just
as Mrs. Bill Ayers, the 1960s' leader of
the terrorist Weather Underground
Bernardine Dohrn, identified in 2007 as
their plan: "We want to dismantle
capitalism. That evil thing." |
|
|
|
Quicksand |
|
No rule,
regulation, law, or contract will stand
un-dirtied in the Age of BO. |
|
The New York
Stock Exchange always prided itself on
maintaining the highest standards for
all its listed companies. |
|
The NYSE
asked regulators for permission to
suspend its $1 rule. No longer will
companies be de-listed if their stock
falls below $1. The limit was $5 in the
before-time. |
|
And you will
sign a contract with whom? |
|
|
|
Sterilization |
|
The plan is to remove
the confidence and optimism that has
always provided Americans' intrinsic
motivation to struggle, work, and
succeed. |
|
That is why Obama
repeats daily that all things are bad
and it will take years to recover. Obama
wants America's economy to fail. He
wants Americans to surrender. |
|
BO -- managed by
William Ayers & Alinsky -- believes that
eventually Americans will surrender all
power and rights, succumbing to
socialism with them in charge. |
|
|
|
Grace Not |
|
Obama should not
abuse his
implicit prestige
nor diminish his
potential
stature by continuing
in juvenile insecurity. |
|
Graciousness is
meaningful in life
-- and in
politics. BO is
validating that there is a caliber
hierarchy in America.
And he is
demonstrating from where he comes. |
|
|
|
Nuclear Weaponry News |
|
The
prestigious International Institute for
Strategic Studies (IISS) predicts
that Iran will have enough
enriched uranium to make a single
nuclear weapon later
in 2009. |
|
|
|
Confidence |
|
As of
January, 2009, US bank assets are
approximately $12.2 trillion. That is
about $1.1 trillion more than in August,
2008. |
|
Who says the
liquidity lock is just a matter of
liquidity? It is a matter of confidence. |
|
Confidence will never
be engendered in a faltering economy
being threatened with socialism as the
cure. |
|
|
Rebukes are easy from
our betters,
From men of quality and letters;
But when low dunces will affront,
What man alive can stand the brunt? |
|
Jonathan Swift, 1667-1745 |
|
|
|
How long
before BO forces Ben Bernanke out of his Federal
Reserve position? |
|
|
Regarding BO's presidency: After a
person attains something illegitimately, he
may only use it from within
illegitimacy. |
|
|
Update |
|
The old saw,
"Beggars can't be choosers", needs updating. |
|
The 2009 updated version sings forth, "Beggars are
entitled to their entitlements". |
|
And if
the beggars are not satisfied with the handouts they
receive,
they should moan and whine louder to their elected
care-takers who will then tax the builders and producers
&
further deprive everyone of his rights under the
guise of entitlements for the unworthy." |
|
|
Remember |
|
Only two defining
forces have ever offered to die for
you:
Jesus Christ and the American Soldier. |
|
Anonymous |
|
|
Pathetic |
|
Many people fail to perceive that to work & earn &
satisfying their obligations feels better than deceiving, taking
handouts, and ignoring obligations. |
|
In
fact, it often feels more rewarding to meet an
obligation than to play your favorite stupid,
trivial, inane, time-wasting computer game. Really! |
|
|
BO's
over-reach proves that he has failed to learn the
ramifications of the Peter Principle. |
Rebukes are easy from our
betters,
From men of quality and letters;
But when low dunces will affront,
What man alive can stand the brunt? |
|
Jonathan Swift, 1667-1745 |
|
|
Madame Chiang
Kai-Shek said: |
|
"Every clique is
a refuge for incompetence. It fosters
corruption and disloyalty, it begets
cowardice, and consequently is a burden upon
and a drawback to the progress of the
country. Its instincts and actions are those
of the pack." |
|
|
Why |
|
The
primary reason why the global
financial meltdown is not near
approaching its recovery phase, nor
reaching its bottom, is that
excessive risk is being assumed by
institutions such as BAC, JPM, & WFC. |
|
These
institutions are racing with
impunity to each
become "too big to fail", thereby
guaranteeing additional bailout by
the Federal Reserve Bank.
|
|
And
the US Federal Reserve Bank's risky
weakening is denoted by its
balance sheet, portions of which it
will not disclose publicly. |
|
...About
that additional
$2 trillion? |
|
|
It's The
Unemployment, Stupid |
|
What
statistic, guideline, benchmark,
tally,
concept remains
to be breached before the
silly little girlie headline-writers
start calling our time the "Second
Great Depression"? |
|
How high will
unemployment go? |
|
Hey, um,
you know, whatever they
like want
to, you know, um, say. |
|
|
On
January 1, 2009,
Slovakia
became the
16th country to adopt the euro. |
|
Integration
across economies,
discard of the
old, hegemony of the new,
psychological comfort & safety
continue to spread &
evolve in the
midst of the global financial crisis
that originated in, and was caused
by the US within the dollar regime. |
|
How long
until...? |
|
|
Ours Is An
Age
Of Cruelty |
| It is
everywhere. It has
infiltrated into the workplace, familial
relationships, business, and politics.
Actually politics is everywhere and that is
the cruelty that is everywhere. |
| Many
people invest much effort
conniving over methods to inflict
pain upon others. |
| And that
is a key ingredient in today's financial
breakdown. Everyone is
untrusting of everyone. |
| From the
petty
bullies
to the new not-petty
bully, the pres-elect 44. |
|
We are nearing the point
where everyone will inflict pain upon others
with flailing,
uncaring audacity until a numb chaos is welcomed. |
|
|
Apparent
For Over Thirty Years |
|
"There
will come a day when even the United States of America
has no more to give. |
|
Or, identified more correctly, the day will arrive when
the United States of America has no
more that even those vastly overly-empowered unworthy,
those self-entitled takers can take
no more. |
|
There will come a time when there is no more remaining
to take, steal, or demand." |
|
|
Now we
know the exact date. |
|
You may
denounce, shout, and wave your arms in frenzied disdain
at dead white European males, but who designed, built,
and continually improved Western Civilization?
And when others demanded and were ceded control, what happened? |
|
|
Enjoy your effeminate,
nihilistic, weak America, dear sweeties. |
|
|
The
Relativistic Global Economy |
|
The weaker the
US economy becomes, the
more diminished will be
its government's
ability to tax its successful
working people. |
|
|
Where are we going and
why am I in this handbasket?
|
|
Underground
Be
not ashamed to be very afraid of what is being planned
for you.
|
|
