Thursday, May 21, 2009

Rule by raving socialist lunatics and idiots.

Market forces May 21,

FDR turned Hoover's financial crisis into the first great depression because FDR was so excited by the strides made by the Communists and the National Socialists during the financial crisis that he introduced just enough socialism and wealth redistribution taxation to run the American economy completely into the ground. Obama just had a 30% bear market rally. FDR had an 80% bear market rally. NBC/Pravda would like an FDR type 80% rally now, but to have that the socialists must first give us a 90% FDR type stock market decline. Then the 80% rally after the 90% decline gets us back to -82% (if they understood 5th grade math). That to the lunatic socialists is what they call a phenomenal 80% FDR growth achievement.

The Obama socialists are raving idiots. They say FDR brought about the greatest period of growth in American history and NBC/Pravda repeats their nonsense. We can't call it a lie because it is far too stupid to be a lie. Yes, after first destroying 90% of the American economy we had WWII and continuous growth until 1951 when the American economy wiped out FDR's losses and finally broke even again. That is how the Socialists calculate their 10 fold economic growth in less that 20 years. First they had to lose 90% of the American wealth. Then they had to abandon socialism and go to war against the National Socialists in German and Italy and to nuke the Emperor's Japan. Finally the American socialists got back from FDR's 90% loss to zero loss in 1951. That is what they call their 10000% (ten-fold) gain for American socialism under FDR. It took twenty years for America to recover from FDR's socialism. Therefore base on socialist mathematics we have proof that Obama socialists are raving idiots, QED.

How many years will it take to recover from the raving socialist idiots who just destroyed our automotive industry and gave it to the unions that demanded 90% pensions with retirement at age 55. Now they want the most invasive forms of socialism that the world has ever seen. These raving lunatic socialists who are chasing windmills are also putting American veterans and American thinkers on their potential terrorist lists. They asked Britain to put an obscure California talk show host on Britain's potential terrorist list so that he cannot enter Britain. These raving Obama socialists want the news media to give equal talk show time to bone head socialists (who no one listens to) so that the radio industry will either go bankrupt like the socialist newspapers or lose their audience like socialist NBC/GE/Pravda. Ultimately the socialists want to subsidize the media so they can run it.

These raving socialist lunatics have only begun to destroy and nationalize the American economy. By destroying industries they first can claim they saved them and then the socialists can fill the ranks of management with their political hacks, union bosses, and tax cheats.

Market Outlook

NBC/GE/Pravda lied again and said there was a mystery sell-off at the end of the day yesterday whereas the sell-off started an hour after the opening and ran slowly all day on high volume. Investor 401 type plans contributed a positive $12billion cash flow into funds in April for the first positive cash flow in almost a year. But that was a drop in the bucket compared with the capital requirements of corporations.

Banks and corporation see the current market prices as possibly the highs for this year and hence they are selling stock to raise cash. Banks also need to sell stock because they have lost so much and still have so many toxic assets that they need more investor equity just to stay solvent.

If this were a bull market not a bear market rally top, then we would see cash rich corporations devouring smaller profitable companies. Instead we see cash strapped corporations trying to raise more capital to remain solvent.

Investor confidence is now at a high. The earliest forecast date that socialists are spinning for a stock market bottom has now slipped to August 2009. And because their economic forecast recovery keeps slipping we can expect their stock market bottom to slip further. In fact sane investors would say the stock market bottom could be as late as February 2010 now and the economic recovery could now start as late as August 2010. And then after that we enter the dark ages of Obama's $12 Trillion deficit resolution.

We are on the sidelines now until the market re-tests its lows. NBC/GE/Pravda /Jim Cramer said sell stocks and get into real estate. But he changes his advice every day.

Last night Asian markets were down sharply. China down -1.5%, Hong Kong down - 1.6%, India down -2.3%, and Japan's down -0.9%.

European markets are down in the range of -1.6% to -2% mid way through their day.

US futures indicate the markets will start down today by about 0.3%.

NBC/GE/Pravda's socialist raving power drunk lunatics are lying as much now as they did during the DOT COM bubble when every announcement suspiciously seemed to match Pravda's expectations. Today they try to arbitrarily lower every expectation to beat every one.

We estimate we are about half way to a housing turn around with about a year to go to pass this economic crisis bottom. And after that we will enter uncharted territory where we can only hope that the creative destruction resulting from future American innovations can offset the lunatic socialist governmental quagmire the Democrat-Socialists are creating with their domination of the three branches of American government.

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