How embarrassing it is for Obama. Osama thought Joe Biden was so incompetent that Biden was on Osama’s “Keep safe” list.
The reason America is ranked 25 in international education scores is because we are a heterogeneous population with Nigerians, Haitians, Cubans, Mexicans, Indonesians, Chinese, Japanese, and just a minority of the original homogeneous Western Europeans who still have the highest world standards. Take Obama for instance, he would not be ashamed to show his grades in Nigeria or Indonesia because he looked bright by their standards. In fact if we took Obama’s test results (that he refuses to release) out of the American national average, America would probably be a little closer behind Germany, Britain, Italy, and France just like America was thirty-forty years ago when we were not a cross section of the third world.
Who are Obama’s “greedy”? Obama says you are greedy if:
if you go out and work hard and buy your food without food stamps,
if and instead of living in subsidized housing, you buy a home without a liar loan,
if you work hard and study hard and pay off your student loans instead of getting government scholarship for your race, and flaunt your greed by paying off your tuition loans.
If you do not want to turn your paycheck over to the viscous and idle.
Obama's greedy are the minority now in America who pay 90% of the USA income taxes.
By Obama's definition the "greedy" are the people who actually like to work and therefore must not appear to be considered normal Americans to Obama's viscious and idle majority.
The viscous and idle win elections by being bussed to up to forty different poll locations and voting in the name of people who do not exist but can be registered because there is Obama-Holden voter registration fraud. The real greedy people are the lazy Obama-Holden people, the viscous and idle thugs who think money grows on trees and you are their money tree. In the past they did not bother to vote. But in Obama’s new America and in Putin’s old Russia they each vote at least 40 times a day.
http://www.youtube.com/watch?v=TkZrMpv0Pss
http://www.youtube.com/watch?v=wefETlCp644
http://hotair.com/greenroom/archives/2012/04/10/doj-dismisses-okeefe-holder-ballot-video-as-manufactured-voter-fraud/
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."
NAVY SEALS TELL DETAILS OF KILLING BIN LADENhttp://www.usnews.com/news/blogs/washington-whispers/2011/09/27/navy-seals-reveal-bin-laden-killing-story
Upset by the official account, US Navy Seals commandos wrote a book to reveal the truth of the raid that killed Osama. The Seals have spoken out because they were angered at the version given by politicians. First of all they captured all the computers allowing America to locate the entire network, and before the CIA could take the network out, Obama warned them that we had the intelligence on them. Secondly Obama portrayed the Seals as cold-blooded murderers on a “kill mission”. Pfarrer insists Osama would have been captured had he surrendered and not reached for his AK46. The helicopter went down because of a control failure as they were leaving, not because of an accident upon arrival as the White House said.
They were also shocked that Obama announced Osama’s death on television the same evening, rendering useless much of the intelligence they had just riked their lives to seize. Osama was killed within 90 seconds of the US Navy Seals landing in his compound, and not after a protracted gun battle, according to the first account by the men who carried out the raid. Pfarrer says isn’t a politician in the world who wouldn’t be tempted to take credit for getting Osama, but it devalued the ‘intel’ and it gave time for every other Al-Qaeda leader to scurry to another bolt hole. The men who did this and their valorous act deserve better. It’s a pretty shabby way to treat these guys.”
The Rasmussen Reports daily Presidential Tracking Poll for Monday shows Mitt Romney earning 47% of the vote and President Obama attracting 45% support. Three percent (3%) would vote for a third party candidate, while four percent (4%) are undecided.
http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll
World market this week
The victory of the French Socialists and virtual wipe-out of mainstream parties in Greece sent shock waves on Sunday night crashing throughout the continent of Europe. This will mean the end of Greece in the EU and a further de-stabilization of Christian Socialist Europe. Europeans are selling European stocks and are investing in American stocks. American is now the market of choice because Obama is now seen as the loser in November and the world thinks America still has a chance to stop socialist big-government-union boss corruption.
Putin is the prototype persona for and American “Big Union Boss Man” :like Jimmy Hoffa was. A “Boss Man” is a gangster. Jimmy Hoffa is now living with the fishes wearing concrete boots.
European socialist governments will soon begin to fall apart and default. Markets will plunge, Gold and Silver possession will be equated with greed and will be declared illegal to possess and will all be confiscated. It is entirely possible that there will be military coups to maintain order.
China has been declining for more than a year now. Chinese inflation data disappointed, with March consumer price index rising 3.6%. If the economic output grew 8% and inflation grew 3.6% that means real growth in China has declined to 4.4%.
http://finance.yahoo.com/echarts?s=000001.SS+Interactive#symbol=000001.ss;range=my;compare=;indicator=ema(100,200)+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.
http://finance.yahoo.com/echarts?s=%5EMERV+Interactive#symbol=^merv;range=2y;compare=;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;
American Economy
The Fed said it would continue though June 2012, its swap of $400 billion of short-term debt with long-term debt to lengthen the average maturity of its balance sheet—a move termed "Operation Twist." The Fed also did not adjust its policy of keeping nominal mortgage rates low.
There are three risks to worry about: the upcoming "fiscal cliff" at year-end 2012 and a worsening of the eurozone debt crisis. “Operation Twist” ends in June, Bush-era tax cuts are set to expire, automatic spending cuts are set to be triggered and the aforementioned stimulus programs are winding down. Cuts to stimulus alone, even with an extension of tax cuts, will be a drag on the US economy in the short term. On Europe: If European sovereign debt problems threaten to spread to the US banking sector and affect US economic growth, the Fed may be pushed to respond with some form of additional monetary stimulus.
Yesterday
Consumer Credit Mar $21.4B jumped from $8.7B many low-income people charge more so they can pay their taxes. At the same time everyone on welfare was spending his or her Obama tax rebate. This is so corrupt there are actually thousands of identity thieves even of “dead people” getting money back that pay no taxes. That cash flow was already baked into the USA economy in the first quarter. Now the world’s real economic crunch is starting. We need to get Obama out of office or we are headed for the Obama Depression.
This Week
May 9 7:00 AM MBA Mortgage Index 05/05
May 9 10:00 AM Wholesale Inventories Mar
May 9 10:30 AM Crude Inventories 05/05
May 10 8:30 AM Initial Claims 05/05
May 10 8:30 AM Continuing Claims 04/28
May 10 8:30 AM Trade Balance Mar
May 10 8:30 AM Export Prices ex-ag. Apr
May 10 8:30 AM Import Prices ex-oil Apr
May 10 2:00 PM Treasury Budget Apr
May 11 8:30 AM PPI Apr
May 11 8:30 AM Core PPI Apr
May 11 9:55 AM Mich Sentiment May
Market outlook May 8, 2012
The world owns most of America’s debt and now some are investing in American businesses. This shift from US Treasuries to American Stocks probably is why we are not already at a new stock market low. This has been the entire stock market support since the fall of 2011. Cramer wonders when it will start to kick in, but in reality it is almost over. Once the stock market drops 10%, bond investors will realize they made a bad move into the stock market.
We have been predicting this recent rally would be the last of this cycle. Most people were expecting one or two more rallies. John Gault has been sitting on a pile of cash preparing for this time when suddenly the world’s income falls close to zero because taxes have become extortion by governments that use voter fraud so that the viscous and idle can get elected and rob the treasuries of Democratic Republics like the USA and our allies.
ACORN, Black Panthers, terrorists…all the friends of the Obama-Holden Administration, are the examples of the petty greed of Obama-Holden socialists and their viscous, idle following
No Dow Rails confirmation means there is no DOW buy signal since the collapse in August of 2011. It is still looking like a head and shoulder Dow sell signal forming not a buy signal.
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
On a quarterly cycle basis (look at 6 months), the New York Stock exchange second neckline was confirmed being broken on the down side. On an annual cycle basis (look at 2009 to today) it appears the head and shoulders is already in place and the market is about to break down for that mini cycle. On an economic business cycle basis (up to 20 + years) it shows the economy peaked in early 2000 and began to decline during the Clinton administration. http://finance.yahoo.com/echarts?s=%5ENYA+Interactive#symbol=^nya;range=2y;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
We expect the VIX to soar and be above 40 in a few weeks as markets crash in some countries. A sharp computer sell-off could now trigger huge stop-losses and a plunge below the lows of 2000. The Obama-Holden regime will begin to get even uglier.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=
Baltic Dry Index has just peaked this past month at only at 10% of its 2008 high. Obama is not fit to lead the world out of the Obama depression that he in his ignorance declared during his first campaign to frighten people into considering a pro-Marxist president who has delusions of grandeur. Look at 5 years to see where we were and where the Obama-Holden Administration has taken the world. We once had good presidents that inspired good Americans, not just the greedy viscous and idle.
http://www.bloomberg.com/quote/BDIY:IND/chart
Stock market update:
Asian markets were down last night. China down –0.1%, Hong Kong down –0.2%, India down -2.2%, Taiwan up 0.1%, Japan up 0.7%.
European markets were down half way through their day, in a range of +0.6% to-1.8% for France and –3.4% for Athens
American market futures are down about –0.6% in after hour trading at 8:30 AM EST
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