Obama liar home loans, Obama corruption in the energy sector, Obama election fraud with no voter IDs, and foolish Obama fears that economic progress i

Obama liar home loans, Obama corruption in the energy sector, Obama election fraud with no voter IDs, and foolish Obama fears that economic progress is destroying the global environment drag us down.

See how Obama leftists are stealing our freedom!! See how easy it is for Obama activist organizations like ACORN to load the ballot boxes for their lunatic leftist candidates. This is why voter I.D. is sorely needed. See how Obama and Al Franken get their votes the same way Putin does it in Russia.
http://www.youtube.com/watch_popup?v=GqMVxeZhflI&feature=player_embedded!

US Bond interest rates surge 20% as the Obama liar loan corruption, ACORN community corruption, Solyndra corporate corruption, and economic reporting corruption grows to cover Obama incompetence and clueless leftist policies affect the nation and bankrupt the American leadership role in the world.

Obama made birth control an election issue when he started telling people that they had to violate their belief and pay taxes for student’s free sex with birth control pills as well as abortions. Obama declares free sex for women in college is needed for good health. Obama claims the Catholic Church and Rush Limbaugh are against women’s health for not wanting to provide college girls with free contraceptives. Obama dropped from 52% to 42% popularity in just one week after making contraceptives and massages free under Idiot-ObamaCare.

The following leftists support lunatics, boycott Rush Limbaugh and admit they support the Obamamorons who want taxpayers to pay for their Obamacontraceptives, Obama-marihuana healthcare, and Obama-therapeutic massages. Quicken Loans, Geico, GE, Citrix, Carbonite, Allstate, Tax Resolution, Legal Zoom, Sleep Number, Netflix, Capital One Financial, ProFlowers, AOL Inc and, Sleep Train all deserted Rush Limbaugh.

World market
China’s PMI index for manufacturing fell sharply in March, from 49.6 to 48.1 in February, and remained below the 50 level which signifies contraction, no longer even 1% expansion.

Portugal’s municipalities face default with $12 billion of debt unless the government provides aid soon, said Fernando Ruas, president of the nation’s association of municipalities.

French socialists initially blamed French Conservatives for the recent murders in southern France but it turns out the murderer is a socialist. Mohammed Merah, has admitted to the school killings and the slayings of three soldiers. The reason he was killing North Africans was because they were soldiers support France. Mohammed had bragged he had ties to al-Qaeda and said he spent time on the Afghanistan-Pakistan border. Like other socialist morons, Mohammed Merah thinks socialism offers a more equitable and compassionate system.

U.K. retail sales fell again, and more than economists forecast for February. Gold also dropped to the lowest price since January in London after reports indicated China’s manufacturing may contract for a fifth straight month in March hurting the outlook for commodities and sending the Standard & Poor’s GSCI Index of 24 raw materials to a one-week low. About half of jewelry stores in India remain closed as owners protest against higher taxes on gold sales.

Britain’s budget deficit almost doubled in February as taxes fell and spending surged.

China Rongsheng Heavy Industries Group Holdings Ltd., the biggest Hong Kong-listed shipbuilder, fell the most in two weeks after second-half profit plunged 59 percent because of delivery delays.

China Home Prices Slump as housing bubble collapses.

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 still lower than last year’s high 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 are still lower than last year’s high and 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. Obama economic progress is a very simple manipulation of data. If Obama was not corrupt he would report consistently from month to month not report fictitious good news but then quietly lower it so he can fraudulently report good news every month.
Housing Starts Feb 698K down from 706K
Building Permits Feb 717K up from 682K
MBA Mortgage Index 03/17 -7.4% much worse than-2.4%
Existing Home Sales Feb 4.59M worse than 4.63M
Crude Inventories 03/17 -1.160M worse than 1.750M

Yesterday
Initial Claims 03/17 348K barely change from 351K
Continuing Claims 03/10 3352K increased from 3343K
FHFA Housing Price Index Jan 0.0% worse than last time 0.7%
Leading Indicators Feb 0.7% absolutely absurd Obama manipulation 0.4%. The Leading Indicators report is, for the most part, a compendium of previously announced Obama economic manipulations to jobless claims, building permits, and stock prices. Therefore, the report is extremely predictable and of very little interest to the market. Though this series does have some predictive qualities, it is a common criticism that it has predicted "nine of the Obama’s zero" recoveries. It is not a “quagmire” it is an “Obama recovery.”

This Week
Mar 23 10:00 AM Ne Home Sales Feb

Market outlook March 23, 2012
Obama continues his lying saying, “Anybody who suggests that somehow we’re suppressing domestic oil production isn’t paying attention.” He is so stupid and does not know that fuel prices before Obama were much lower than in Europe until Obama stopped drilling offshore, drilling on government land, cut the Canadian pipeline, and cut fracking. Obama lied again and said “producing more oil at home isn’t enough by itself to bring gas prices down.” It shows just how ignorant Obama is since he must never have had to fill a car’s gas tank in Europe. Stupid (or lying) Obama apparently does not know that Europe pays over $7 per gallon. That is where Obama is taking America.

Market volume continues to decline with market advances and grows with market drops. The FED has injected cash that has elevated the market and the market just burns up the Obama stimulation package. The world is buying government bonds because the Obama stimulation is all artificial manipulation with no resolution of the underlying problems. Obama liar home loans, Obama corruption in the energy sector, Obama election fraud with no voter IDs, and foolish Obama fears that economic progress is destroying the global environment drag us down.

US bond returns are rising fast increasing the cost of US borrowing. The effects of Obama socialist deficit policy are now beginning to come home to roost. Investors who thought American bonds were safe unfortunately did not anticipate the moronic policies of the leftist Obama administration that is taking the USA down the road Greece is on. American debt is far more world destabilizing than Greek debt.

The DOW rails still do not confirm the recent DOW industrial’s rise. No rail confirmation means there is no DOW buy signal. In fact it is looking like a head and shoulder sell signal forming. http://finance.yahoo.com/echarts?s=%5EDJT+Interactive#chart1:symbol=^djt;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

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

The VIX shows record 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 down again last night. China down –1.1%, Hong Kong down -1.2%, India up 0.9%, and Japan down 1.2%.

European markets are down today in a range 0% to –0.9% half way through their day.

American market futures are flat about 0.1% in after hour trading at 7:30 AM EST.