Folks, it is time to unite behind Mitt Romney or America will have four more years of Obamamorons with food and fuel shortages coming.

Socialist U.S. Representative Dennis Kucinich was fired by Ohio Democrats in the primary held yesterday. It is an indication of what will be happening all over America this November.

Folks, it is time to unite behind Mitt Romney or America will have four more years of Obamamorons with food and fuel shortages coming.

Obama will try to keep oil prices low until this November by putting price controls into effect before elections. Price controls eventually cause shortages. That is why in the USSR there was no food on the shelves before they collapsed.

Obama leftist morons are destroying America by refusing to allow expansion of hydrocarbon infrastructure. The morons stopped the pipeline from Canada and now he will not allow the natural gas pipelines needed to distribute the abundant clean American natural gas. BHP Billion Ltd.’s $20 billion foray into U.S. shale gas has been hit by a decade-low plunge in prices, raising the specter the company could go bankrupt. ObamaUSSR policies will lead to energy shortages in America. Americans must throw the leftist morons out of office in November to save America. http://www.bloomberg.com/news/2012-03-08/bhp-stirs-memory-of-alcan-writedowns-as-shale-gas-sours-energy.html


Rush said, “Advertising's a business decision. It's not a social one. Only the leftists try to use extortion, pressure, and threats to silence opposing voices. We don't do that. Never, ever, do any of us on our side of the aisle try to suppress the speech or the voices of those with whom we disagree, and we never will. So, as you've always done, you make your own business decisions about the products and services you buy. But don't be like the opposition. That was my mistake last week. Don't make it yours. “

Leftists boycott Rush- these sponsors are in the socialist’s camp and deserted Rush. (Quicken Loans, Citrix, Carbonite, Allstate, Tax Resolution, Legal Zoom, Sleep Number, ProFlowers, AOL Inc and, Sleep Train) They all support Obamamorons and desert Rush Limbaugh because he opposes Americans being forced to pay for leftist Obamacontraceptives, Obamamarihuana, Obamamassages and Obamaprescription sex all under Obamamalaise- his destruction of the American economy. Obamadepravity spread to a Catholic Medical School where a 31 year old woman wants $3000 from taxpayers to pay for her contraceptives while taxpayers also pay most of her tuition. For exposing the sham Rush Limbaugh is punished. Do you remember when the leftists called Sarah Palin and ignorant slut? After they did the slur they repeated it to each other on Saturday Night Live and every where else and laughed because everyone knew they were repeating the Sarah Palin smear.

Obama said servicers will review thousands of foreclosures on properties whose homes were foreclosed automatically and the amount of lost equity plus interest plus $116,785 will be paid by US taxpayers. All automatic foreclosures happen to be Obama-liar-loans given to Obama’s chosen peoples, no-questions-asked.

Here is how the American Communists spread their ideas today.
http://home.igc.org/~venceremos/whynotdi.htm

You decide, is Obama Muslim or Mormon?
http://www.youtube.com/watch_popup?


World markets
Greece moved closer on Thursday to securing a forced bond exchange with private creditors that the country needs to pretend it avoided default and cripple the sovereign debt market forever. Private investors will know finally that the EU is going down the road to socialism and a USSR style police state where the individual has no rights.

Obamacorruption of national data financial data spreads to Germany. Obama economic progress is a very simple manipulation of data. If you look back at the data you find that Obama improves the economy today by quietly and continually revising the economy downward after it is announced. So when Obama quietly drops last months production by 2.9% right after he already announced it was only down 2.6% that 0.3% production cut will make the following month look 0.3% better. Bloomberg reported that Thursday. German production (GRIPIMOM) rose 1.6 percent from December, when in December it fell 2.6 percent, the steepest decline in almost three years, the Economy Ministry in Berlin said today. So he followed Obamacorruption techniques and revised December output down another 0.3% from an initially reported drop making the December level 2.9% lower. That improved January to 1.1 percent. It is the same technique the USSR used. Obama optimistically lies today making things look better than they are and he revises it tomorrow when nobody cares and makes the number more truthful and poorer.
http://www.bloomberg.com/news/2012-03-08/german-industrial-output-rises-more-than-forecast.html

After Obamacorruption is used by Germany you get the following report, “Today’s report is the latest to suggest that Europe’s largest economy is weathering the region’s debt crisis and may avoid a recession even as euro-area demand for its exports wanes. “


Emerging-market stocks fell to a five-week low on concern Greece will get insufficient support from bondholders in a debt swap by tomorrow’s deadline. The Greek government said it would use collective action clauses, to trigger credit default swaps, to force bondholders to accept another 53.5 haircut if necessary. The goal of the exchange that runs through March 8 is to default just on privately held Greek debt, averting a disorderly default where Greece gets dumped instead of the private investors.

German government bonds fell after a report showed factory orders unexpectedly fell as the slowing global economy cut foreign demand.

Australia’s economy expanded at half the pace economists forecast last quarter as a housing slump deterred consumer spending, and the local currency to a six-week low. Gross domestic product advanced 1.6%. annual rate in the fourth quarter.

Europe’s economy contracted in the fourth quarter by 0.3 percent from the third quarter, the European Union said Tuesday. Exports fell 0.4 percent after a 1.4 percent gain in the previous quarter, while household spending declined 0.4 percent and investment dropped 0.7 percent.

China cut its growth estimate to an eight-year low as Obama-malaise spreads to China.

BRIC investors are losing their shirts as state companies freeze prices and growth among the socialist nations and redistribute profits by confiscation.

Germany broke through the resistance levels but is losing steam.
http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#chart2:symbol=^gdaxi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on

The Swiss are hitting a limit now with a head and shoulder sell signal. Choose 2 or 5 years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#chart1:symbol=^ssmi;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Emerging markets topping. It is now beginning to look like a head and shoulder sell signal coming soon.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#chart1:symbol=^bvsp;range=2y;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

American Economy
Obama shovel ready economic data manipulation comes with the latest job pitch.

Yesterday
Factory Orders Jan -1.0% sharply down from 1.1% last month merits a D+ see http://biz.yahoo.com/c/terms/facord.html
Obama statistics are inconsistent with what he reported last month. Obama speeches and statistics are shovel ready. ISM Services Feb 57.3 up from 56.8 in Jan but he reported ISM Index Jan 54.1 up from 53.9 in Dec. The January numbers should be the same but the differ more than the month-to-month change.

This Week
MBA Mortgage Index 03/03 -1.2% down four times as much as last months -0.3%
ADP Employment Change Feb 216K vs. 170K still well below the 600K needed
Productivity-Rev. Q4 0.9% slight improvement vs. 0.7% see http://biz.yahoo.com/c/terms/prod.html
Unit Labor Costs - Rev Q4 2.8% more than doubled 1.2% labor cost now increasing at 2.8% X 4=11.2%/yr
Crude Inventories 03/03 0.832M very low supply 4.160M
Consumer Credit Jan - $17.8B down slightly from December’s $19.3B merits a D- see: http://biz.yahoo.com/c/terms/credit.html

Today
Mar 8 7:30 AM Challenger Job Cuts Feb
Mar 8 8:30 AM Initial Claims 03/03
Mar 8 8:30 AM Continuing Claims 02/25

Mar 9 8:30 AM Nonfarm Payrolls Feb
Mar 9 8:30 AM Nonfarm Private Payrolls Feb
Mar 9 8:30 AM Unemployment Rate Feb
Mar 9 8:30 AM Hourly Earnings Feb
Mar 9 8:30 AM Average Workweek Feb
Mar 9 8:30 AM Trade Balance Jan
Mar 9 10:00 AM Wholesale Inventories Jan

Market outlook March 8, 2012
The exchange volume plunged again yesterday as the markets rose. The world exchanges are once again looking tenuous as socialist shortages of food and capital loom on the horizon. When the Obamadepression hits there will be no cash, no energy, and no food. Gold will have the same value as it has in China and had in the USSR… no value at all. We need to eject the Obamamorons ASAP.

The failure of Obama liarloan strategy caused American home ownership to drop from 66% to 64% but it consists of a 2% increase in Obamaliars owning homes and a 4% decrease in honest Americans owning homes

The stock market volume surged as the Dow plunged in the biggest drop so far this year. Head and shoulders sell signals are now forming in S&P and NYSE. DOW rails do not confirm the recent DOW industrial’s rise. No rail confirmation means there is no DOW buy signal. The market is at a precipice of negative economic data after a full month of Obama shovel ready financial statistics. Look up ISM last month and compare with what Obama used this month. There is no relationship; Obama makes up the numbers on the fly.

Contrarian “Surprise Index” says the stock market is overpriced. The WSJ said stock investors might be in for a nasty surprise.
http://www.bloomberg.com/quote/CESIUSD:IND

The VIX shows complacency. A sharp computer sell-off could end the current rally any moment now and trigger huge stop-losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=

Baltic Dry Index is creeping up very slowly
http://www.bloomberg.com/quote/BDIY:IND/chart

Stock market update:
Asian Stock markets were up last night. China up 1%, Hong Kong up 1.3%, India closed, Taiwan up 1% and Japan up 2%.

European markets are up today in a range 0.5% to +2% half way through their day.

American market futures are up about 0.8% in after hour trading at 8 AM EST.