Corrupt government? Why a 70% plunge in this stock?

Socialist dictators historically try to destroy their opponents. But how do they go about destroying Rush Limbaugh or FOX network in America? Well they first attacked them and tried to mock them but the opponent's ratings soared. Yesterday, the Wall Street Journal said the administration suddenly pounced on Zimax in May after seven years.

1) The administration discussed " fairness legislation" that would drive opponents out of business by requiring stupid socialists be given equal time. But that hasn't worked in the past because the socialist are given time slots when no one listens or else people listen just to find out how stupid the socialists really are. Usually the local socialists sound like high school dropouts giving advice on how to succeed in life.

2) So is the Obama administration now targeting the sponsors of libertarian and conservative programs; sponsors like Zicam? This May the Obama administration targeted one of the biggest sponsor, Zicam? Zicam stock plunged 70% yesterday. Certainly Stalin himself would be proud of this action. Under Stalin if you did not wave the little red flag enthusiastically you did not get promoted at your government job. If you were so bad that you did not show up at the rally to wave the flag at all, then you lost your government job altogether. Under "successful" socialism there is no private sector so losing your government job means you have no job at all!

3) Shame on the Obama administration! The next administration should investigate this apparent institutionalized corruption of power and throw the criminals in jail if it turns out this attack on sponsors of political opposition is not coincidental.


Market forces June 18

China is obviously desperate and using N. Korea as a diversion to unsettle world capitalism. Iran is in turmoil and seeking nuclear weapons. The Obama administration wants to break the Money Market "dollar" in September when the US government insurance of the Money Market funds expires. That will mean Money Market securities are no safer than mutual funds. But most 401 plans do not have the option of Treasuries so people's retirement funds are going to be at even higher risk.

Market Outlook
The countdown on the end of the "Mad Money" bull market rally is over and yesterday even Jim Cramer admitted that most people now say it could get much worse and it is Obama's fault once again. The socialist Obama administration and its redistribution of the American worker's wealth to the corrupt, the auto unions, indolent socialist voters, and 12 million illegal immigrants could easily create a hole deep enough to take America 20 years to get out of. China is using N. Korea to cause major diversionary crises and to protect China's recently accumulated foreign wealth by unleashing world wide deflationary forces as Communist China prepares to launch a new five year economic plan. China wants continued deflation because that makes their US loans more valuable. Mark Spitznagel says he however is building a new fund based on soaring inflation. Who will win?

We now have zero confidence in Red China, India, or other emerging socialist markets. The risk of enormous investment losses in emerging economies is now very high. The risk of a collapse in western stock markets being orchestrated by Red China through N. Korea is now very high. This turmoil makes the dollar stronger and that makes the holders of US debt wealthier and hurts US exports.

Last night most Asian markets were down sharply again. Jakarta down -3.7%, Hong Kong down -1.7%, S. Korea down -1.1%, Japan down -1.4%, and India down -1.8%.

Most European markets are flat today after being down sharply yesterday in a range of -1.6% to -2.6%.

US futures were lower today. Over the next three months we could see a stock market sell-off of 27% as investors realize this Obama crisis of socialism will get deeper and will last at least another one or two years. If Communist China launches their new five year plan and confiscates all foreign investments as is now indicated by their turbulent diversions, then world wide deflation would protect China's wealth and China would indeed appear the wisest leader of the world and maintain their domestic tranquility. China does not want its population thinking about the massive drop in national income as China's exports continue to plummet.