Brazil may also vote in a Marxist for president.

Brazil may also vote in a Marxist for president.
First Venezuela, then Honduras, then the USA, and now Brazil may elect a Marxist president. Only Honduras got rid of theirs so far. They arrested theirs and then banished him from their country.

Cook county was unable to get more than 2000 absentee ballots out in time for American soldiers to return them before the deadline, but they learned from that mistake and hand carried the ballots to the Cook County prison so they could vote in time.

By 1824 Thomas Jefferson, the founder of the current Democrat Party, already thought the American Government was too big. He wrote to William Ludlow, "I think myself, that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious."

Is it possible that if Thomas Jefferson were alive today he might call the indigent addicted welfare women collecting benefits awarded based on the number of their fatherless children, parasites? And as the founder of the Democratic Party might he also now disown them and call them the party of Marxist jackasses?

You can find these quotations yourselves if you Google books from the 1800s and use a few key words and a patriot's name.

James Madison in the Federalist Papers, Feb 5, 1788 wrote to the Massachusetts Convention, "but as a just government protects all alike, it is necessary that the sober and industrious part of the community should be defended from the rapacity and violence of the vicious and idle. A bill of rights, therefore, ought to set forth the purposes for which the compact is made, and serves to secure the minority against the usurpation and tyranny of the majority."

Thomas Jefferson to P. Dupont in 1816 wrote; "The majority oppressing an individual, is guilty of a crime, abuses its strength, and by acting on the law of the strongest breaks up the foundation of society."

In 1824 Thomas Jefferson the founder the Democrat Party also wrote (note in Tracy's Political Economy, 1816), “To take from one, because it is thought that his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to every one of a free exercise of his industry, and the fruits acquired by it."

World Markets:
China's factories ramped up their production last month and were buoyed by an influx of new business, highlighting the strength of the world's second-largest economy. The official purchasing managers' index (PMI) rose to 54.7 in the month from 53.8 in September, blowing past expectations. The HSBC PMI, a private survey, climbed to 54.8 from 52.9.
The increase occurred even with a weeklong National holiday, when factory production slows. That suggests real activity growth was likely to have been very strong in October.

Economic Calendar
Meanwhile Obama's half brother lives in a hut with a dirt floor in Kenya. They killed or drove out most of the Europeans that lived there. Those post colonial Europeans had been teachers and farmers dedicating their entire lives and fortunes to helping Kenya. They were a conduit for European investments into Kenya. The Kenyans then redistributed the European's wealth and ate well for a few years. But after you kill the golden goose there are no more golden eggs. China has no expectations for the future of Africa as they build mines in Africa. The Asians believe the Africans are of inferior intelligence and therefore do not intermarry with blacks. That is why Africans in America hate and always riot and destroy the property of Asian Americans. Back in the early 1990's when Japan thought they would surpass America they attributed it to their homogeneous Asian population and referred to our inferior mixture of races. That was the year the Japanese economy fell apart.

The people of Africa are slowly going extinct and China needs their resources so that Asia can flourish. So when the Africans in the Chinese mines rioted the Chinese simply shot them all and then paid a fine to the corrupt African armies. Perhaps if the trend continues, Africa will end up being a mixture of Chinese and Indian peoples. Obama said he supports AIDS. He does, because Obama provides drugs that allow infected people to live longer and to infect more people. In South Africa many men still think that if they have sex with a virgin their AIDS will be cured. Obama keeps those men alive rather than educating them. After all he doesn't want to make AIDS victims feel unloved.

Today
Nov 1 8:30 AM Personal Income Sep fell -0.1% after increasing 0.5% last month-Very bad.
Nov 1 8:30 AM Personal Spending Sep increased 0.2% after increasing 0.4% last month. Personal debt increased.
Nov 1 8:30 AM PCE Prices - Core Sep did not increase after increasing only 0.1% last month.
Nov 1 10:00 AM ISM Index Oct improved to 56.9 from 54.4 last month which is more optimistic than China's PMI reported up above.
Nov 1 10:00 AM Construction Spending Sept up 0.5% because last month was changed to -0.2% after first being reported as 0.4%. This is Marxist Obama's manipulation again. After reporting last month they then took away 0.6% and tacked it on to this month to give 0.5% for the big lie this month. The truth is it was up 0.4% last month and was down -0.1% this month but Obama lied because today is an election and he wants the Marxist morons to do well. But they will be thrown out on their duffs.

This Week
Nov 3 7:00 AM MBA Mortgage Applications 10/29
Nov 3 7:30 AM Challenger Job Cuts (y/y) Oct -
Nov 3 8:15 AM ADP Employment Change Oct -
Nov 3 10:00 AM ISM Services Oct -
Nov 3 10:00 AM Factory Orders Sep -
Nov 3 10:30 AM Crude Inventories 10/30 -
Nov 3 2:00 PM Auto Sales Oct -
Nov 3 2:00 PM Truck Sales Oct -
Nov 3 2:15 PM FOMC Rate Decision Nov 3
Nov 4 8:30 AM Initial Claims 10/30 -
Nov 4 8:30 AM Continuing Claims 10/23 -
Nov 4 8:30 AM Productivity-Prel Q3 -
Nov 4 8:30 AM Unit Labor Costs Q3 -
Nov 5 8:30 AM Nonfarm Payrolls Oct -
Nov 5 8:30 AM Nonfarm Payrolls - Private Oct
Nov 5 8:30 AM Unemployment Rate Oct
Nov 5 8:30 AM Hourly Earnings Oct -
Nov 5 8:30 AM Average Workweek Oct -
Nov 5 10:00 AM Pending Home Sales Sep
Nov 5 3:00 PM Consumer Credit Sep

Market Outlook Nov 2, 2010

Still time left to take stock and profits when available.

The Founding Fathers knew the importance of a government of laws protecting the skilled and hard working from the vicious and idle. Unfortunately many vicious and idle liberals were elected to the House and Senate. It is unfortunate that oil wealth and drug wealth has resulted in the growth of vicious and idle populations who are mobile and are becoming illegal aliens throughout the free world, on welfare, and refusing to learn the cultures and languages of the people they prey upon. The creative and industrious people are conservatives who earn their money and the vicious and idle tend to be liberals who think they are too smart to work and were put on earth to rule the ignorant masses. Some vicious and idle people such as currency manipulator George Soros do what they do out of guilt for the illicit way they expropriated wealth and do not understand people who actually create wealth. George Soros is a convicted felon who was tried and convicted in Socialist France for manipulating currencies. He made all his wealth by destabilizing four currencies illegally in a scam that cost the world $billions. He is the biggest financier of American Marxists like Obama.

World Markets
Asian markets were mixed last night. China's market was down -0.3%, Hong Kong up 0.1%, India down -0.1%, and Japan up 0.8%.

European markets are up this morning in a range of about 0.5% to 1.1% about half way through their day. They want the Marxist out too and a rooting for America.

US pre-market futures were up about 0.6% at 9:00 AM EST.