Brown shirt unions are urinating on our state capitals this week. MSNBC/Pravda stupid national socialist Nazis think the bigger the lies they te

Brown shirt unions are urinating on our state capitals this week. MSNBC/Pravda stupid national socialist Nazis think the bigger the lies they tell the more believable they become.

Last Friday, Alan Greenspan said this recession would not end until American home prices rise 10%. He said conventional conforming home loans since 2005 are now all under water. He said the world economic system is now very bleak and impossible to forecast. He said the price of gold is an indication of concern about the economy and is not rising due to inflation but form fear. He said FED activism is now declining. He said the2500 page Dodd-Frank bill is internally contradictory bill of regulations that will hamper expansion of the economy and has had to be suspended recently for Ford Motors to get any financing. It is just the tip of the ice-burg and needs to be reversed. It is worse than Obamacare. He said the recent equities rise is due to balance sheet changes from easy QE2 money and those effects are now running out. QE2 temporarily created a stock market bubble which is about to burst.

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 to be-happy immigrants and their dependents who have not paid into social security for at least five years. That means remove from Social Security all people who did not pay in for at least five years. 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:
Red China chooses to go to the dustbin of history. The arrogant Chinese dictators have learned nothing. They apparently are as insane as their puppet in North Korea. America cannot trust the Red Chinese any longer. Their stocks will become junk.

We are now seeing the beginning of the end to Red China's growth. They are now headed to the junk pile where intellectual property theft ends. Red China has been given an ample chance to learn to play nice with the big boys. Instead they continue to lie and cheat, invade and undermine. They show themselves to be the dogs that bite the hands that feed them. They have turned Tibet into a prison camp and have over 20,000 red army troops in the jungles of India. Red China's closest competitor is India and they are so envious of India they want to destroy India. So the Maoists now occupy the jungles of India while Islamist killers attack at the borders. India is under Siege.

The time is coming for the Chinese people to rise up and put an end to the rule of their insane Red dictators who commit gross evil acts against their neighbors and break into computers everywhere in the world to steal and sabotage the very people who had opened their hearts up to give the Reds an opportunity to rejoin the free world. Instead the Chinese Reds want to rape their new friends.
European stocks and the euro retreated on after Moody's downgraded Spain's debt again. Interest rates for Greek bonds just topped 12% indicating they will likely default.

The FBI told executives at DuPont Co. late last year that Red Chinese hackers had cracked the company’s computer networks for the second time in 12 months. About a year earlier, DuPont had been hit by the same China- based hackers who struck Google Inc. (GOOG) and unlike Google, DuPont kept the intrusion secret.

Red China arrogantly and cruelly throws honest Americans in prison for making economic reports on China's fraud and then turns around and illegally breaks into American computers to steal competitive information from American businesses. This resembles the behavior of Japan in the 1980's when Japan spied on IBM thinking that their intellectual thievery would make them the leaders in computer technology. If China keeps harassing honest Americans and protecting their communist criminals who break into corporations and banks to steal, then China's expansion is now very near its end. Remember when Japan's stock market was over 30,000 they were stealing too. Now the Nikkei is still only at 66% down from its highs. Honesty and trust are the basis of America's technological revolution because the creative entrepreneurs do no work with thieves.

The Red Chinese government needs to stop stealing intellectual property and begin a step by step plan to set up a system of free elections for a Constitutional government which protects the individual's rights to the fruits of the individual's labor. If the do nothing then the Chinese people must throw them out of government.


US Economy
Jack Welch 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 liberal Wisconsin guardians (they call parents, guardians now) think the government and schools are responsible for raising their children. That’s what they pay the unions for.

Wisconsin Republicans bypassed Socialist- Dems and, approved a law limiting government union collective bargaining. The Senate Republicans in Wisconsin passed a bill that strips the state’s public employees of much of their corrupt collective-bargaining power.
Consumer Credit Jan declined sharply from 6.1B to 5B this month even after 2B was moved forward from last month in an Obama "adjustment."
MBA Mortgage Index 03/04 is up +15.5% as applications rose because interest rates have bottomed just as the FED floods capital markets with QE2 cash available to be borrowed. People are refinancing old mortgages.
Wholesale Inventories in Jan rose again 1.1% after a 1.0% excessive build-up last month. That means that industrial production must be cut soon.
Crude Inventories 03/05 rose by 2.52M barrels after declining -0.364M last week meaning Americans are drastically cutting oil consumption due to high prices.

Yesterday
Initial Claims 03/05 397K but would have been 400K if Obama did not move 3K from this week into last weeks number to make it 371K instead of the 368K Obama reported last week. Obama hates the 400K number because that stands for his failure to create jobs by giving $trillions away.
Continuing Claims 02/26 was reported as 3771K after shifting 18K to last week to make last week 3791K instead of the 3774K they reported last week. Without that shift this week would have shown 3789K unemployed up from 3774 reported last week. Another failure the socialists decided to fudge by 18K.
Mar 10 8:30 AM Trade Balance Jan -$46.3B vs. -$40.6B last month a 12% bigger trade deficit for Obama policy.
Mar 10 2:00 PM Treasury Budget Feb -$222.5B increased deficit from -$220.9B last month a 1% bigger Obama failure this time.

Today
Mar 11 8:30 AM Retail Sales Feb
Mar 11 8:30 AM Retail Sales ex-auto Feb
Mar 11 9:55 AM Mich. Sentiment Mar -
Mar 11 10:00 AM Business Inventories Jan

Market Outlook March 11, 2011
We have been warning that this market run-up was a FED QE2 tsunami that would end in state and city fiscal crisis by July. Yesterday selling volume rose 27% as the stock market broke down through the 50dma. We expect it will now fall an additional 6% to 9% before bouncing at the next resistance level. If that does not hold then the total fall from yesterday's close could total another 15% and that would take us back the July/September 2010 levels.

If this is a double dip recession, which it may very well be, then the 15% addition drop from yesterday is entirely possible by mid summer. This 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 by slashing entitlements that the lazy socialists and criminal elements. They have never contributed to our society or helped anyone but themselves.

Brownshirt union and ACORN Nazis have been urinating and defecating all throughout the Capitol buildings in Wisconsin this past week behaving like disgusting pigs according to citizens calling in to radio talk shows. The MSNBC/Pravda national-socialist (Nazis) propaganda machine of course does not report what their Brown-shirt Moslem-loving Jew-baiting followers have been doing because the union demonstrators are so disgusting.

Finally this past Monday MSNBC/Pravda's Jim Cramer warned that a significant stock market decline was then possible. Last week he was still saying buy-buy-buy at the market top. Monday he said late buying in the day is now a mistake. Tuesday he said stocks would rise if NATO bombed Libya soon. NATO met Wednesday and decided to do nothing. Thursday after the market broke through the 50 dma (day moving average) he recommended selling almost everything you have on Friday (today).

Yesterday Jim Cramer lied again and said that international trade as seen with the dry freight index had recovered long ago. Go to the following link and look at the last five years and see for your self that international trade is down more than 80% from the highs of 2008. MSNBC/Pravda's stupid national socialists Nazis think the bigger the lies they tell the more believable they become. Their Nazi Brown shirt unions are urinating on our state capitals this week.

http://www.bloomberg.com/apps/quote?ticker=BDIY:IND


The losses of investments in China will be very great unless the people of China have the courage to overthrow their dictatorship. The people know that they can become a free people because they know freedom works well in Hong Kong and in Taiwan. It is now time for the good Chinese people to end 60 years of cruel oppression in China.

The real world economic problem is profligate socialist spending here and abroad. In America the current budget crisis will only grow until the city and state fiscal budget cuts are approved by this summer. We think the next stock market support level will be down at Nov 4, 2010 levels.

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

We are prepared to buy individual stocks on significant declines. Some stocks are already buying opportunities and worth taking.

World Markets
Asian markets were down sharply last night. China down -0.7%, Hong Kong down -1.6%, India down -0.8 %, Taiwan down -0.9%, Seoul down -1.3%, and Japan down -1.7%,

European markets are down this morning in a range of about -0.7% to -1.4% half way through their day.

US pre-market futures are down -0.6% to -1.6% at 7:00 AM EST.