Look around the world. The ultimate socialists have become the stupid thieves, con-artists, pirates, and martyrs of the world.

Obama's plan is the socialist Africa elephant plan which is similar to the Cuba, Pakistan, and Somalia plans but much more expensive. African socialists go out and poach the elephants so the village people feast for weeks telling stories about how brilliant their socialist achievements are and the progress they have made. They tell stories about how the previous capitalist gamekeepers stole the wealth of the common people when they hid all those elephants in the game preserve where they multiplied in obscene abandonment.

After the elephant feast the villagers are all happy, fat, lazy, and covered with elephant grease. But the tourists don't come because the people ate all the country's means of generating wealth. So now the socialist leaders confiscate and sell off the farm irrigation equipment and harvesting equipment (get back to nature environmental basics) and borrow from socialist and uninformed foreigners. The socialist leaders divide all the cash up between their supporters, political hacks, and the original "George Soros" financiers so they are all rewarded and very happy with enough wealth for their lifetime. Finally the socialist leaders have to assume the role of warlords to maintain social order and have to suppress all the capitalist "extremists" who tell the truth and point out how stupid the thieving the con-artist socialist programs are. The socialists survive at best for only fifty years while destroying all the national wealth and their environment by the socialist consumption binge of all stored capital and production sources.

But the big lie remains to blame the greedy capitalists who had put all the elephants on a preserve where they could grow and multiplied obscenely. And finally the capitalists are all dead and the country is ruled by socialist gangs and warlords who train the children to become martyrs, murderers, and pirates to steal what little remains from anyone in sight. That is the life cycle of socialism in both its religious and secular forms. Religion only adds to the cruelty and bigotry of the punishment of non-socialists.

Look at how the Socialist Nazi and the Soviet communist parties left their economies and environment in complete and utter ruin in less than fifty years. Look at the current Arab socialist states and the extreme poverty and cruelty of their socialist systems amid an ocean of oil reserves and the mineral rich African continent. That is what the Obama socialism has to offer America… the disintegration of American ideals, self-sufficiency, and liberty.

Today there are tea parties all around America to protest the direction government is taking.

Market forces

The market fell yesterday on 20% higher than average volume. The previous week of market advances were on lower than average trading volume. That is symptomatic of the end of a rally.
The rally hangs there as the Obama press does its best now to make the economic news positive even though it shows that Obama’s entire package of socialism is a waste of money and President Bush’s actions alone prevented a financial collapse. You see the stimulation package has passed but the money does not flow (except to ACORN thugs) until the states decide what other political supporters and thugs should get the money. The recipients must be vetted to be sure they are unionized and the states agree in advance to dismantle all the 1990's welfare reforms that help people get off of welfare. The stimulation package is intended to create dependence on socialist programs not self-sufficiency.

Under the Obama administration bankruptcy the auto union that killed GM and the American auto industry gets their pensions while the bondholders and stockholders who loaned and invested the money to GM will lose their entire investment. That will be the case for all the banks and corporations that require TARP funds. That is how socialism works. It ultimately turns nations into wastelands.

Market Outlook

All the signs are saying it is time to cherry pick into a positive market position as the market pulls back an estimated 10%.

Asian shares were up last night with Shanghai (China) up 0.3%, India up 2.9%, Japan down 1.2.

European markets are currently down in the range of -0.1% to -0.5%, mid way through their day today. .

US futures indicate the American markets will start the day flat again. All the American equities markets remain extremely over bought. The FED had indicated that the recession is here at least to the end of this year. As the markets decline they will present select opportunities to astute investors seeking value by catching individual stocks that are down in higher value ranges.