American Stocks to dump Dow down 200

Forum posts

• 14 March 2007, 02:00

  Get out of all types of debt NOW, even if you have to give the stuff back. This is only going to get worse.

• 14 March 2007, 19:44

  It’s been proven. You can lie to the American people. Frequently. With utter disregard for their interests. About nearly anything, like war, politics, Orwellian plots, and social security. You can lie repeatedly. Until you’re blue in the face. And then, tomorrow, you can come back and do it again. And with all the complex media capablities, with the vast resources for investigative journalism, somehow, someway, most of the lies aren’t uncovered until much later, when the fury has died down.

  But there’s one thing - one grand, sacred issue - that must, for the most part, be treated with a reasonable degree of veracity in this materialist haven: Money. And all its variations, including stocks, bonds, M1, and monetary policy. Until recently, those issues were covered with greater scrutiny, as well as a comparatively higher degree of accuracy, than others. But still, there were deceptions, including the fact that the Fed periodcally pumps capital into the markets to keep them juiced. This was especially true after 9/11 and has remained in place.

  A few astute observers have commented on the phenomenon, but it has largely remained under the radar. And because it serves as a virtually invisble form of investor insurance, there’s no public outcry for an investigation. But that could change. You’re now seeing signs that juggling the books at the Fed has gotten to be quite difficult.

  The White House recently claimed that the steep drop in the market was an anomaly. Anomaly? Well, if the Fed’s able to pump the Dow whenever it chooses, then one could say with a degree of truth that it was an anomaly - mainly because the Fed "experts" weren’t able to step in on time to halt the bleeding. Yesterday, however, the "anomaly" continued, as it does today.

  The truth is, the Fed’s stretched. Cash flow has diminished, mainly to keep inflation in tow and the only way out, in order to keep the markets afloat, is to print, print, print. But the monied class - according to the rigid dictates of monetarism - is deathly afraid their assets will shrivel via inflation if such a tactic is utilized. In a way, circimstances have placed the American markets, and much of the world markets in checkmate, i.e., it’s nearly impossible to spend or finance a way out without hiking inflation. And then interest rates will again rise. And then more foreclosures will occur. And then it will become obvious that America’s rather fragile economy - based on spending and investing, with disproportionately low output - is destined for at least a recession (see Greenspan’s recent remarks).

  It’s amazing, when you think about it, that the "new economy" has been fueled mainly by house flippers (inflating housing prices far higher than self-reliant fixer-uppers once did), oil related businesses (inflating their products based on an ineffable Fear factor), and military industrial firms (inflating their contracts since they work and serve war zones). Where are the new Intel-like ideas? The new IPOs based on solid products and services? Look at the Fortune 500 winners and you’ll spot numerous pizza and coffee firms. Where are the quantum computing businesses? The new automotive companies? The renewable energy products? Where? Mostly on paper, and on shelves.

  Read Bernanke’s assessment closely. Pay attention to those warnings about an ensuing collapse.
  There’s trouble ahead, like you’ve never seen before. Soon, the "anomaly" will become a verifiable catastrophe. And then all you liberals and naysayers and conspiratorialists will finally find company with disenchanted Republicans who, if they haven’t jumped off a roof, will finally admit they should’ve listened to you all along. But by that time, it’ll be too late.

  • 15 March 2007, 04:29

    WOW! That was a great post. It is just about over. Fascinating to watch how in recent days, the Fed has manipulated the stocks to keep the Liberty Boat afloat. Pure desperation, at what ever cost to keep the holes plugged. I should add on a world-wide scale too! The Bushmeister and his team have done such great damage to our economy that I can hardly believe it. In the corporate world, he would have already been given a package to just go away. 4-1/2% unemployment and people still can not pay their mortgages on time or for that matter at all. Yes folks, it is getting very close now. What will I do? And, what will you do? As I said before, pay down your debt, even if you have to give the stuff back to the lenders. I suspect by summer, the military will be patrolling the streets of US cities.

• 15 March 2007, 17:49

  Anyone who has one red cent in the stock market is insane. It’s way, way overvalued. It’s based on our worthless dollar which is now worth .005 compared to what it was in 1913 when the private Federal Reverse accomplished their coup on our ecomony. The money report is now secret, they won’t tell us anymore how much money is being printed. Helicopter Ben Bernanke has stated on the record that the Fed will print however much money it takes to keep our Titanic afloat.