Categories

Login Status

You are not logged in.

Polls

How Is My Site?

View Results

Loading ... Loading ...

Calendar

Jim Cramer bent over Sheila Blair

The dirty Goldman Sachs pump monkey Jim Cramer has managed to pressure the FDIC to speed up the numbers of banks closing and handing them over to bigger banks. Personally, I feel this is a big mistake. I would much rather see a few banks fail every week and be acquired by small regional banks that didn’t participate in the fraudulent lending. Yet, this week, a week after Jim Cramer called out the FDIC on national television and insisted that letting one big bank take over many small banks to speed up the process, the FDIC changed. Yesterday nine banks across the nation were swallowed up by U.S. Bank Corp. But the bending over didn’t come cheap for the FDIC, they had to use 2.5 billion to complete the merge. Now, the safety net of the banking system has ran out of money. Instead, like most of the banks in the USA, it has become insolvent, too big to fail and government sponsored. […]

Stock Market down on strengthening dollar

Years are going by and one trend seems unbroken. The dollar equity inverse relationship of a cyclical bear market tests the savviest of investors. Where to go, what to own, what to buy, who to listen to and how to reason are all up in the air to reevaluation. The double edge sword is still slicing the clueless. Only way to win is by thinking accumulation and diversification. […]

Stock market up on crashing dollar

You just can’t make up these kinds of headlines. It’s hard to follow the stock market reasoning of a good GDP for the US economy means that the dollar becomes weaker. Yet, this has played out again and again. The dollars inverse relationship to equities will always to the cause and affect result. Unlike many however, I can see the mathematical sustainability of the current system (or lack of). The problem is that as foreign markets gain strength and their economies increase, their currency will also increase in value versus the dollar. This will lead to runaway inflation abroad that often results in increasing rates. You can see some countries are already increasing rates to curb inflation at home. Unfortunately, this is the wrong move. What they really need to be doing is imposing a tax on foreign investors to prevent hyper inflation and an over invested environment. […]

Not a good day for the Bulls

The market had a controlled sell off today. This should raise a red flag to anyone who was fortunate enough to cash this crazy ride up and CASH IN YOUR PROFITS. Don’t be a fool and don’t be greedy! Why on earth would you risk a 100% gain to maybe if you’re lucky gets another 20%? […]

John McCain whoring himself to new highs

What this act really does when you read the details is that it gives control to the internet providers to decide what YOU the costumer is and is not exposed to. It basically strips away the freedom built in by true thinkers such as the guys in Google and place it in the hands of profit driven oligopoly like Verizon. […]

Greedy bulls about to get slaughtered

Clearly, any half witted chart analyst would come to a conclusion that 10,000 on the DJI was a key resistance level. After weeks of attempting to break it, it has regained resistance and it’s now fatter than the average NFL center. So, to go long the DJI, you need some really big bull balls. Unfortunately, we all know that investors are cowards and will only jump in if government sponsors additional stimulus to guarantee equity returns. Considering how weak the dollar is and how close it is to being dumped as the reserve currency, this would be a move that the Fed and Government might not want to do. But make no mistake; those Goldman Sach criminals will be whispering in government ears that a second stimulus is a necessity! […]

Path towards self destruction

Bankers are taking our country to a path of self destruction. Fraud, crime, lobbyist, and corruption in all levels of government are known out in the open and out of control. The guilty are being rewarded while the innocent is losing their jobs and homes. Justice however is self fulfilling, meaning it will have its day regardless of how long we push it back. […]

Rajaratnam typical hedge fund manager

I guess the rat man is going to be used as an example and punished for crimes that nearly all companies, including the government, commit. Instead of going after this hedge fund manager, why not target the real criminals? Don’t know who they are, I’ll tell you! Angilo Mozilo should be on the top of the list as people who need to be charged and get sent away. Not only did he spread toxic assets into every area of the economy, he is also guilty of bribing many politicians. Of course however, we cannot expect the political whores to turn on someone who steals for them. Hank Paulson destruction of Lehman, Bear Stearns and the system so Goldman Sachs who have a monopoly on Wall street is another crime we cannot forget. Add the 800 billion theft of our public’s money, he should simply be hanged. The list goes on and on, Turbo Tax Timmy, half the politicians, 90% of executives in publicly traded companies, and more. […]

TARP bankers crying

Executives from banks that are financially insolvent are crying over restriction to their pay. They argue that if they are forced to reduce pay, they will lose their talent. First of all, they are criminals who should be in jail in most cases and in other cases hanged for crime against society. Second, they have no talent, even I, who was neither in banking, financing, real estate or related field saw that the financial system was about to collapse because of fraudulent lending. You executives have no shame! […]

No jobs and no unemployment

Another 500 thousand lost their jobs previous month and 500 thousand others ran out of unemployment insurance. Never before in my life was there a period of time that individuals who lost their jobs and wanted to find work could not. I have some friends and family members that have been out of work for over 1 year. Some are wondering if they will ever work again, even though they are only in their 30s. We live in unfortunate times. Those in control and privileged positions are sucking everything out of society before the big crash. Goldman Sachs bankers and politicians are making tens of millions while society is falling apart. Better take advantage of your constitutional right to bear arms. It’s time to stock up on food, guns and ammo. […]