GE/MSNBC/Pravda's stocks plummeted yesterday due to the anti-nuclear leftists who took over management of GE.

GE/MSNBC/Pravda's stocks plummeted yesterday due to the anti-nuclear leftists who took over management of GE.
Isn't that insane, to have leftists who hate the USA, who hate the energy industry and hate science and technology (like the uni-bomber)running defense industry giants like GE, building our weapons of mass destruction and allowing them to destruct on our allies due to incompetence and democrat-socialist stupidity at the highest levels of NASA, the NSF, the EPA and all federal government agencies.

It turns out that Japan is now on QE28 as Obama finishes QE2 and thinks that throwing money down a toilet bowl like ACORN is better than letting taxpayers invest it themselves. Yes QEn+1 helped the Japanese economy stagnate for 20 years and they now have a debt burden that is twice their GDP. Obama and the dem-socialists continue to destroy free enterprise nations by making them rotten from the core.

When the socialist took over GE/MSNBC/Pravda that was the time to get out of GE and GE stocks.

You don't want people like those in Al Quaeda, who hate America, running an American defense industry. So why would you own stock in a company like GE that is also run by people that hate free enterprise, who hate the energy industry and who are a hippie drug culture product of the 1960's who infiltrated the so called "American Military Industrial Complex". GE built the nuclear reactors that are leaking in Japan. Was GE always incompetent? Probably not but it is obvious that they are no longer run by people who have the American values of dependability, honesty, and love of Constitutionally protected American freedoms. GE retired or fired all their competent people when the socialists took them over. None of the GE products are safe if they are not maintained and run by competent people. Think how stupid it is that GE still runs their reactors on the "ring of fire" tectonic plate system" without training in the use of the emergency back-up water cooling system and without rapid shutdown training. We should not allow GE to be involved in our defense industry. They with their MSNBC/Pravda show they hate American culture and they think they are a superior elite who should be running our socialist Obama government. And they are running it! Obama has GE running the Obama socialist-business council with George Soros Obama's biggest benefactor. MSNBC lies built the image of the Nigerian of Indonesian heritage who is now president. George Soros can hardly wait to try to destroy the American dollar before Obama is thrown out of office.

Jack Welch (the last pro-American GE executive) said the Wisconsin Democrats who fled their state to avoid laying off unionized teachers are "clueless and irresponsible" (those were his words). 70% off Wisconsin high school students do not meet minimum national educational goals. The Unionized teachers have been on the radio talk shows claiming it is because Wisconsin guardians (democrat-socialists call parents, guardians now) think the government and schools are responsible for raising their children.

How to balance the USA budget:
1. Throw out every single Democrat-socialist politician: Federal, State, and Locally.
2. NASA should be cut sharply so they learn to get out of socialist politics and go back to real science. NASA is now the socialist junk science poster child of our be-happy schools were 40% of the Obama be-happy kids drop out and a work ethic and personal character are considered passe dinosaurs.
3. State, city, teachers, and security/safety workers should not be allowed to have unions just as they did not have unions until the beatnik drug era of the late 1960's. The USA had an excellent school system before 1970 and had no immigration problem from be-happy banana republics until the 1960-70 drug culture took over US education. Next the union and Obama wana-be-dictators will want to use the gays in the army as an excuse to unionize the army like the Red Chinese army that takes its orders from the supreme communist dictator.
4. Lay off 20% of state and federal workers (all in the unions to start) this year and another 20% next year so we don't become like China.
5. Break up Goldman Sucks and AIG and return the cash to the American treasury.
6. Withdraw Obamacare China style legislation and stop FED quantitative expansion (printing money to buy our own debt).
7. Send all the ignorant/criminal be-happy illegal immigrants' back to their socialist banana republic drug cartels where they come from. They don't want to work, they want to sell Mexican drugs and take over Texas and California. Thousands come to Texas every year just to have their children born in America so they can claim the child as an American citizen and appeal to the lunatic democrat-socialists for their own citizenship plus grants so they can pretend to study but actually drop out and get into the US welfare system. Change American citizenship so that it is not enough anymore to be smuggled into America to become an American. They come to America to go on welfare and sell drugs not to be an America. The derelicts that have already destroyed Mexico and Haiti that way want a crack at America now.
8. Make it illegal for corporate officers and employee unions to influence their corporation salary decisions other that through proven economic performance for the taxpayers and other investors. No more free stock for them.
9. Since the Federal Energy department and the Education department were created the Federal Socialist Commissars have destroyed American Energy exploration and Education. Eliminate these two federal bureaucracies.
10. Fire all the Obama Czars and FED commissars and government employees involved in housing, Freddie, and Fannie. Dismantle the Barney-Frank-Dodd bill.
11. Cut all unfunded Social Security Payments given to be-happy immigrants and their dependents that have not paid a cent into social security. That means remove from Social Security all people who did not pay in for at least five years (they're not vested). That would be the entire deficit in the program because socialist politicians have bought the votes of the American hating illegal subculture with Social Security for anyone who votes for socialists. That includes even illegal immigrants and felons who prey on Americans and are beginning to shoot our police on our streets. Take away the voting rights of all people ever convicted of a felony like it was in America before the rise of the leftist 1960's drug culture.

World Markets this week:
China is still a bright spot. Their leaders are again openly talking about political reforms.

US Economy
Mich Sentiment Mar 68.2 down sharply from last months 77.5
Business Inventories Jan increase 0.9%, worst than last month's 0.8%
Americans begin to hunker down. Socialists throwing money at ACORN apparently is not working to stimulate the economy. Maybe returning involuntary taxes taken from working people and productive small businesses would stimulate intelligent spending more than giving it to the lazy people who vote for Dem-socialists.

Yesterday:
Empire Manufacturing Mar 17.5 improved from 15.43
Export Prices ex-ag. Feb rose 0.9% the same as last month 0.9% , or a 10% inflation rate
Import Prices ex-oil Feb 0.3% not as bad as last months 0.8%
Net Long-Term TIC Flows Jan $51.5 poorer than last month's $65.9B
NAHB Housing Market Index Mar 17 hardly improving from last month's 16
FOMC Rate Decision Mar 0.25% not changed and not helping. Raising the rate would stimulate investing in jobs instead of keeping money under corporate mattresses.

This week:
Mar 16 7:00 AM MBA Mortgage Index 03/11
Mar 16 8:30 AM Housing Starts Feb
Mar 16 8:30 AM Building Permits Feb
Mar 16 8:30 AM PPI Feb
Mar 16 8:30 AM Core PPI Feb
Mar 16 8:30 AM Current Account Balance Q4
Mar 16 10:30 AM Crude Inventories 03/12
Mar 17 8:30 AM Initial Claims 03/12
Mar 17 8:30 AM Continuing Claims 03/05
Mar 17 8:30 AM CPI Feb
Mar 17 8:30 AM Core CPI Feb
Mar 17 9:15 AM Industrial Production Feb
Mar 17 9:15 AM Capacity Utilization Feb
Mar 17 10:00 AM Leading Indicators Feb
Mar 17 10:00 AM Philadelphia Fed Mar

Market Outlook March 16, 2011

The selloff accelerated as volume surged 24%! A bounce now would seem more likely before the plunge continues in all securities markets. We are seeing funds unloading stocks on people who listen to GE/MSNBC/Pravda advice.

We think the next stock market support level will be down at Nov 4, 2010 levels about another 9% lower. But actually the real support starts about 17% lower than yesterdays close.

http://finance.yahoo.com/echarts?s=%5ENYA+Interactive#chart2:symbo yel=^nya;range=1y;indicator=ema(50,20)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

The extent of this collapse all depends on the Obama socialists who are actively destroying our system of free enterprise with organized union and bussed in welfare/ACORN demonstrations doing every irresponsible thing they can to prevent taxpayers from getting our economy back to normal. Obama is planting the seeds of riots that turn into North African type insurgencies where the demonstrations riot, sack museums, and then the socialist demand Obama have emergency powers to suspend the American Constitution and give all Americans free food, universal pay checks, medicine, and retirement so we can live like they do in other banana republics such as Cuba, Venezuela, Haiti and as they did in East Germany under communism. Of course that is the same as abject poverty where everyone is equal.

We are all equal in poverty and death. And that is what the democrat-socialist, Nazi (national socialists), and Communists (international socialists) have to offer the world.