Fortunately for America, FDR abandoned socialism.

Asia/Pacific markets were up about 2% on average last night with China up 2.3% and Japan and S. Korea up 2.7%.

European markets and American Futures are up fractionally at this time.

Our indicators still show that down market days continue to be on lower volume than up market days and that is a sign that the market wants to move higher. But the history of the expansion of world socialism is based on failure and low expectations. And socialist expansion in America is what is happening now.

The assumption that we would get an “Obama Rally” was based on the belief that Obama was a smart guy and the conservatives were just saying he was a socialist to frighten people into not voting for Obama. That was our reasoning too for expecting a 30%+ rally. Unless the market rallies very soon this rally will be short lived and the window for selling out at a profit will be closing in a few weeks.

Socialism is the government that non-competitive and lazy people love because government jobs are designed for people whose life work consists of pulling levers for the right unions and politicians. Read “Ironwood” about politics in cities during the rise of socialism in America prior to WWII. Government jobs proliferate and government workers think the folks who do real work are just too dumb or disloyal to get a cushy government job and benefits.

All the advances of socialism and communism were made by destroying the capitalist market driven economies from the inside or by overthrowing competing tyrannies (Nazis, fascists, head-hunters etc) from the outside.

The socialists advanced first in France during the late 1800’s. They destroyed the French army and government from the inside with strikes. Germany over ran France easily because the socialists got soldiers on the front line to go on strike. It was so bad that the French punished their army by having the lines of French soldiers count off one-to-ten, and then they executed every tenth soldier because they did not know who was instigating the strikes. This is the real history of socialism that they have removed from French text books and want us to forget.

Hitler rose to power due to the chaos of socialist and communist strikes and the greed of socialist bankers who walked off with everyone’s money and left the people who had saved for retirement penniless. Hitler pretended to hate strikers but the truth is they provided him with the chaos he needed to rise to power. NAZI is the German acronym for the German National Socialists Party.

Hitler actually provided Lenin with secret protected passage through Germany and into Russia because Lenin promised to overthrow the Russian government and promised not to fight against Hitler. Stalin first loved socialist Hitler too and signed a treaty with Hitler whereby Hitler could take the western half of Poland and Russia could take the Eastern half. But Stalin was lazy and wanted Hitler to do all the work so Hitler just kept all of Poland.

Karl Marx claimed that socialists would never have wars… that only Capitalists had wars but in fact the socialists started WWII and Hitler and Stalin went at each other’s socialist throats at the end.

Stalin turned against Hitler when Hitler reneged on the deal to split Poland. America then equipped and created the first Soviet Army which was driven by Hitler all the way back to Moscow before it was experienced and strong enough to stop the German Army in the cold of winter. All the first Soviet tanks were made in America and we fed the Russian people. Most of the German army on the Russian front lines froze to death that winter the same way Napoleon’s army was defeated by the Russian winter.

The most shameful American part of this history of socialism was that America and Great Britain sacrificed Eastern Europe to make peace with Stalin. Stalin demanded that his deal with Hitler be honored and that was the only reason he helped overthrow Hitler. Stalin demanded that FDR and Churchill give the Soviet Union the eastern half of Poland as Hitler had promised him. Then Stalin demanded that the communist in western Poland be given eastern portions of Germany to settle the Polish people displaced by the Russians who took the Polish lands.

The result was millions of refugees fleeing into Western Europe and to America and hundreds of thousands of innocent refugees executed along the way by the socialists. This history of the shame of socialism in Europe is not taught in our universities. The socialists went so far as to remove all history of freedom fighters that fought against Hitler and to declare that Hitler was a capitalist defeated by just socialists. And for the next forty years the socialist started revolutions around the world. That reached the absolute bottom of inhumanity in Cambodia where in the “Killing Fields” socialists murdered every educated person, everyone who could speak a foreign language, even every person who even wore eye glasses because they might be free thinking and thus enemies of socialism.

The great socialist and communist advances in the last century were made possible with incompetent government leaders and by turning what used to be business cycles into “Great Depressions” in different areas around the globe. Economic depression is what makes a nation ripe for social revolution.

That is the fear the conservatives had of electing Obama which Americans did not take seriously when electing him. It is the fear that Obama will allow a depression in order to grow American government with pork jobs and replace American liberty with socialism. Then America would be as corrupt and repressive as one-party cities like Chicago and Detroit where the Democrat primary is now their local election.

This is now the cloud hanging over the stock market because Americans see that their investments are completely whipped out by the process of nationalization. That is today being seen live with the continuing collapse of value in the financial sectors. National Socialism destroys all the equity of shareholders and leaves the corporate mangers working directly for government regulators.

FDR won his re-election overwhelmingly but FDR saw that socialist policies were causing the Great Depression. Fortunately he was intelligent enough to stop that process and fire up American Capitalists again with hope and the war effort.

Obama may not be as smart as we hoped. Socialism would bring the nation the economic equality of universal poverty and universally poor health care. Obama’s negativism is feeding the American fear that he wants a Great Depression so he can succeed with his socialist vision.