Millions of Americans demonstrate against Obama's socialist policies and his threat to American liberty.

Millions of Americans demonstrate against Obama's socialist policies and his threat to American liberty.

Fox News ratings soar as Americans turn off the anti-America's socialist PRAVDA and watch the Tea Party grow to millions of taxpayers. "Dump the Bums" in 2010 and 2012 touches the hearts of most Americans.

Stocks rally as it becomes clear that the “Great Depression” Obama and the leftist media drilled into people’s heads last year was only intended to get Obama elected and to create a crisis atmosphere so that they could force socialism down our throats with their plurality in Congress.

Obama still does not understand that FDR’s socialism caused the collapse of confidence the resulted in America’s first “Great Depression.” So he still thinks he can have his cake and eat it too. He knows this was a recession not a depression so he now wants people to believe he ended the imaginary “Great Depression” with his socialist spending spree. The Marxist idiots and tax dodgers in his administration have claimed credit for ending the imaginary “Great Depression” a full year before their socialist spending spree and subsequent hyper stagflation will even occurs.

So yes the “Great Depression” is off the table because it was just an election game to blame the people who want American capitalism and liberty to survive. Pelosi said yesterday that American capitalism and liberty are failed policies. Yet America continues to have to send food feed the successful socialist nations like Somalia, North Korea, and Russia even as those nations and Nancy Pelosi spit time and time again on American capitalism and liberty. And look at Iceland which has a government run by clones of Nancy Pelosi… they were the first to go bankrupt.

The only failure of American capitalism and liberty is that because we are free we are free to elect communists and socialists and other stupid democrat and republican politicians who work hard to create an indigent and dependant electorate so that people’s votes can be bought with productive worker’s taxes. The socialist plan works just like it worked in Russia and Eastern Europe until their people tore down the iron curtain that was their prison. It worked until the people realized they were pretending they had real work and the government was pretending to give them real pay and real health care.

The economic danger is not a “Great Depression.” It is much worse. It is the loss of the American work ethic and America’s liberty as Obama and Pelosi destroy American prosperity, incentive to work, and liberty.



Market forces

The market rose yesterday on average volume. The previous week of market advances were on lower than average trading volume. That is symptomatic of the end of a rally. Investors have been buying because they realize the “Great Depression” was a socialist scare tactic. But as soon as we feel the effects of socialism the economy will collapse. Millions of productive Americans plan to stop working and stop paying taxes. The ideas of Ayn Rand are spreading again as they did during other periods when American liberty and self reliance were threatened

Market Outlook

All the signs are saying it is time to prepare to cherry pick into a long market position when the market pulls back in the next correction. But be very careful. The Obama pronouncement of a “Great Depression” was never real. The ignorant and arrogant socialist Pelosi/Obama Administration has been and still is the only economic threat we have. This Jim Cramer “bull market” has turned out to be a sucker rally for wannabe rich leftists who actually believe the stimulation package has already been spent and is working. It could be an ugly decline when it ends. If it declines more than 10% it could then plummet to a new low.

Asian shares were mixed last night with Shanghai (China) down 1.2%, India up 0.6%, Japan up 1.7% and Hong Kong down 1.2%.

European markets are currently up in the range of 1% to 1.6%, mid way through their day today.

US futures indicate the American markets will start the day mixed. All the American equities markets remain extremely over bought. As the markets decline further they will present select opportunities to astute investors seeking value by catching individual stocks that are down in higher value ranges.