November 21, 2013 MSNBC seems focussed on destroying the American liberties that made America great. Our heterogeneous tolerant population has been America’s greatest source of innovation, productivity and international directed compassion. We help people all over the world because we are populated with people from all over the world. But unfortunately socialism is President Obama’s lame brained preference to the American Constitution’s protection of our freedoms including our right to keep what were earn and our right to overthrow any government that tries to take away our freedoms. The “right to bear arms” is the second right in the bill of rights,” and it is not referring to the right to hunt or do target practice.

Many Americans now fear being harassed by the government. The IRS is acting like a secret police harassing churches, veterans, historical societies and charitable organizations. The NSA is tapping the phones of reporters and government critics and is even gathering personal information illegally to embarrass political critics and elected officials. Reporters are being recorded illegally as they talk with government employees who disclose government crime and corruption.  Just last week someone resigned from office because they apparently were caught privately looking at embarrassing things on the web that are none of Obama's business nor the NSA's.   High ranking army personnel are being let go because their personal legal however personal embarrassing indiscretions’ were made public.   General Petraeus was an obvious setup that violated his right to personal privacy.  The only real crimes are the Obama government's and others that historically have set up a secret police or Gestapo/KGB/ IRS/NSA whatever you call it ostensively for the "good of the people." And then they harass the patriots and the religious groups they belong to and let the terrorists and their religious groups kill Americans. No Obama harassment agency questioned or recorded the two Moslem terrorists who bombed Boston this year because they were off limits. Russia even reported the two Moslem terrorists’ activities abroad and our Obama security officials ignored those reports.

The Internal Revenue Service, which has been caught harassing conservative organizations with demands for personal and ideological details, such as the content of prayers, has been doing the same to veterans’ and youth groups.
http://www.wnd.com/2013/09/now-irs-targets-veterans-group/#AlQAWVrUqD6xQ8Qd.99
http://live.wsj.com/video/opinion-irs-harassed-youth-groups-too/F41B5092-BC94-4A5D-AE89-7AA9EE62564E.html#!F41B5092-BC94-4A5D-AE89-7AA9EE62564E

"A Bill of Rights is what the people are entitled to against every government, and what no just government should refuse, or rest on inference." Thomas Jefferson

"Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny." Thomas Jefferson

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Thomas Jefferson

"Of all tyrannies a tyranny sincerely exercised for the good of its victims may be the most oppressive." C. S. Lewis

When the people fear the government, there is tyranny. When the government fears the people, there is liberty. Thomas Jefferson

"The best government is a benevolent tyranny tempered by an occasional assassination." Voltaire

"I have sworn upon the altar of God, eternal hostility against every form of tyranny over the mind of man." Thomas Jefferson
http://www.monticello.org/site/jefferson/democracy-will-cease-to-exist-quotation

This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing government, they can exercise their constitutional right of amending it, or exercise their revolutionary right to overthrow it. Abraham Lincoln
http://www.brainyquote.com/quotes/quotes/a/abrahamlin101160.html

Socialism was the first democratic form of government started by Europeans in America. Obama never learned and hence does not know that the Pilgrims at Plymouth Colony started as socialists who outvoted the hard working members. So the workers had to work for the lazy because the lazy and older members who said they could not work voted in the majority.  But you see, when you work in the fields on the crops you always get enough to eat.  50% of the population died of starvation before the majority voted to have private garden plots and everyone could keep as much of what they produced as they wanted. Ultimately all the European socialist countries developed underground economies that report almost no incvome. In Southern Italy and in parts of Greece they have 90% of their earnings unreported. The total EU hidden economy is estimated to be the size of Germany’s.
http://www.zerohedge.com/news/2013-05-06/europes-shadow-economy-big-germany

Socialist Eastern Germany survived its last 10 years after 1979 because they allowed people to have private farm plots outside the towns and cities. Most socialists are just plain stupid because they are lazy and do not read much so they will not survive with socialism. Almost the entire generation of stupid socialists often has to die before private enterprise becomes legal again.    Someone needs to teach Obama how to get on the Web and get smart about the fact on socialismas well as the importance of a real family for teaching children that a real education is important. The Hilary Clinton "tribal education" system only worked when we lived in the real jungle not the asphault jungle.   Perhaps the Hilary system is why the inner cities are becoming jungles.  Obama and Oprah are correct that since Obama took office some  inner city Americans are definitely becoming more racist and Obama and Ophra should tell them to knock-it-off. They should start with the following people.
http://www.ibtimes.com/what-knockout-violent-teen-game-causes-multiple-deaths-video-1476726

In 2010, after Brown won in Massachusetts and was sworn into Congress the Democrats lost the ability to get to 60 votes needed to stop debate of the lame duck Congress so they made several modifications to Obamascare using the simple majority reconciliation process, getting around traditional order in the Senate that typically requires 60 votes. That is how they got Obamascare passed by the Lame Duck socialist Congress in 2010.
http://netrightdaily.com/2013/10/american-people-never-voted-for-obamacare/

They are threatening to do it again before the 2014 Congressional Elections to pass legislation that gives illegal immigrants citizenship so the socialist will have their votes every election for the remainder of their lives. They know American’s are waking up to the war the socialists have been waging on working Americans. Pretty soon the Socialists will have enough illegals, indigents, and voter registered middle aged street gang enforcers to convert America from the world’s breadbasket to another world basket case. Then who will be left to stop the Hitlers, Stalins, and Khomeinis from taking over the world in WWIII? The Socialists want these illegal aliens on the legal voter list ASAP!

November 19, 2013 We need to remember that it was a lame duck minority who lost their seats in the 2010 election that actually passed Obama’s socialized medicine. This is the first time in the history of the United States that a lame duck party has forced socialism down the throats of the majority. And they had just lost the 2010 election, but because they were still a lame duck "majority" they called Congress back into a "lame duck" session and passed socialized medicine in defiance of the American people.
The VIX indicates the current stock market run could be at the end as in 2007. The VIX would normally top out above 30 or even 70 before the bear market ends. Investors are now as complacent as they were in 2007 at the peak.

http://finance.yahoo.com/q/bc?s=%5EVIX&t=my&l=on&z=l&q=l&c= 

Also, we explained back then that the bifurcation of the market called by the Hindenburg Omen historically occurs 4 to 6 months before the actual market peak.  That indicator says the peak should be very close now.  During the bifurcation the market is still disciplined and polarized between institutional sell and buy lists.  But as the market becomes frothy discipline breaks down again.

http://online.barrons.com/article/SB121512476279728057.html 

In socialist nations such as the USSR the socialist party committee card holders constituted only1% of the citizens.  For that matter, Democrat Party Committee and Republican Party Committee card holders constitute only 1% of their own respective party.  Their parties themselves each represent less than 25% of Americans eligible to register to vote.    Zero percent (0%) of the elected Republicans voted in favor of Obama’s socialized medicine.  A single party also runs Cuba and many other “Banana Republics.”  In Iran, Syria and most banana republic socialist countries like Cuba you can get no social benefits unless you support the single party.   The candidates of the Democratic Party which constitute less than 25% of Americans of voting age of which 1% of that (less than .25% of the population) run the party.   They lost the Nov 2010 election and the lame duck Senators and lame duck socialist Congressmen forced socialist medicine through after they already lost the election but just before the lame duck congress was kicked out of Washington.  Americans had already booted out every one of the group who proposed socialized medicine and who were up for election before they passed the law. 

The purge of American Patriots has begun.  As part of Obama's war on men, hunters, and patriots starting with the history of founding fathers (WASPS!), Army personnel of all ranks are now being given the boot by the Obama Administration.  Most are justified by private personal infractions such as infidelity that no free nation would impose.  Some get the boot for fraternizing with the “terrorist” Tea Party or certain “Christian” terrorists.  The soldiers are given no quarter.  Soldiers at Fort Hood say they were told that evangelical Christians and members of the Tea Party were a threat to the nation and that any soldier donating to those groups would be subjected to punishment under the Uniform Code of Military Justice.

http://www.foxnews.com/opinion/2013/10/23/does-army-consider-christians-tea-party-terror-threat/

http://frontpagemag.com/2013/arnold-ahlert/obamas-military-purge/

http://www.wnd.com/2013/11/purge-surge-obama-fires-another-commander/

http://www.westernjournalism.com/benghazi-military-commanders-relieved-duty/ 

Soldiers who were told they could go to college under the old GI programs are now told it is too late and all the rehabilitation programs for the wounded are being threatened as well because it would make the administration look bad if Americans realize Obama is now cutting active defense forces and establishing his “banana republic” headed by his “domestic security army” that every socialist republic must have.  So instead he is cutting all the programs that help primarily men.   Obama asks, why should men benefit just because they are healthy and risk their lives for their country?  Octomoms are more important to him because he can depend on their vote and the vote of everyone else on the receiving side of socialism. 
 

Republicans and Independents need not apply for socialist benefits.  The visiting Nurse Service of New York laid off 500 employees, part of fallout from scrutiny of seniors for hidden savings, affluent children or being caught not having been registered Democrat.   Tens of thousands of people are being removed from free long-term help to fee-for-service system to managed care in an effort to reduce nursing home use.  The NY Times is making many disclosures they never published before.

http://topics.nytimes.com/top/reference/timestopics/subjects/l/layoffs_and_job_reductions/ 

World Economies Nov 21, 2013
Pirates are now looting cargoes threatening African oil supplies. QE is depressing economies worldwide and weaker overseas markets such as Europe are limiting demand for world commodities including gold and fuel, keeping a lid on prices. QE devalues the dollar boosting American sales putting cannibalistic pressure on other countries to cut prices and earnings.

The EU is considering negative interest rates as socialists walk the Free Western World off the plank to hasten the rate that were achieve economic equality in worldwide poverty. That is the result of income redistribution. There is no incentive to work when we can all get fat while munching chips watching sports and home movies all day.

European stocks retreated from a five-year high as investors weighed valuations at the highest level since 2009.
http://www.bloomberg.com/news/2013-11-18/nikkei-futures-drop-as-yen-rebounds-gold-to-oil-decline.html

Japan’s stock market appears to have topped and begun a new decline. It has declined since 1990 when it began Quantitative Easing.
http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=

Anyone who believes the socialists will stay in power and will impose their cost of this corruption of socialized medicine on the dwindling minority of American workers and believes these socialists will not be thrown out of office in the next three years should sell gold. If this major program of corruption of the American work ethic takes place, eventually all good Americans will defect and take a permanent vacation here or abroad.

The German market is the best of the foreign markets and is about 10% above the 2007 high which was about 7% above the 2000 high. It failed to break out from its upper resistance level defined by 2000 and 2007 or the short term trend. It is now right at the limits and that usually ends a trend of this length.
http://in.finance.yahoo.com/q/bc?s=%5EGDAXI&t=my&l=on&z=l&q=l&c=

The French market has continued to decline since year 2000. At it most recent highs it is still is still down 50% from 2008 and down 60% from 2000.
http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=

The Swiss market indicates stagnation since 2007.
http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=

The NYSE is similar to the British and Swiss and indicates stagnation since 2007 given in excess of 15% inflation since then and no similar market advance. The NYSE index is too big to manipulate legally. It has 300 stocks just starting with the letter A.
http://finance.yahoo.com/q/bc?s=%5ENYA&t=my&l=on&z=l&q=l&c=

American Economy
Nov 18
Net Long-Term TIC Flows Sep $25.5B up from -$8.9B ++
NAHB Housing Market Index Nov 54 down from 55 –

Nov 19
Employment Cost Index Q3 0.4% flat 0.5%

Nov 20
MBA Mortgage Index 11/16 -2.3% worse yet -1.8% --
Retail Sales Oct 0.4% up from -0.1% +++
Retail Sales ex-auto Oct 0.2% down from 0.4%--
CPI Oct -0.1% deflationary 0.2% someone is manipulating numbers again
Core CPI Oct 0.1% flat 0.1% someone is manipulating numbers again
Existing Home Sales Oct 5.12M down from 5.29M ---
Business Inventories Sep 0.6% up from 0.3% -
Crude Inventories 11/16 0.375M down from 2.640M -

Nov 21
Initial Claims 11/16 323K down from 339K
Continuing Claims 11/09 2876K down from 2874K
PPI Oct -0.2% down from -0.1% - deflation
Core PPI Oct 0.2% flat 0.1%
Philadelphia Fed Nov 6.5 sharp contraction 19.8 --
Natural Gas Inventories 11/16 -45 bcf lower 20 bcf -

The Markets Nov 21, 2013
The market continues to bobble near the same highs of 2007 and before that, 2000. President Obama takes pride that the market is where it was when he decided to run for president. Employment is also at 2007 levels meaning that under Obama about 5 million graduates could not find a job. They voted for a socialist and got what they voted for, zero. We will not see free enterprise take off until a free enterprise president is elected. Only poverty grows under socialism.

We have said for a long time that the Obama Administration sometimes manipulates certain economic numbers to make them look good and then revises them back closer to the truth (off camera) before the next release so they can revise the next set and lie again if things are not going well. The MSNBC/Obama/Pravda stock market commentators never look back they seem to love the phony optimism. They did it in spades before the last election and even made GGP looking like we were coming out of the Obama Depression. Congress said Tuesday that they will investigate how the Unemployment numbers plummeted just before the election and then went back up in the Christmas season when more people were hired. It makes no sense. And the FED is no use if the numbers are phony Obama baloney.
http://washingtonexaminer.com/congress-will-investigate-report-of-faked-pre-election-jobs-data/article/2539413

Holiday discounts and internet sales threaten retailer profits again this holiday season, hurting anticipated fourth-quarter profitability. January looks like it could be the beginning of the selloff we have worried about since this summer. The market is up 6% but we have not yet called the peak. But as we said the market can be down 5% to 10% before it is possible to call the peak.

There was no FED interest rate increase that caused the 1929 stock market crash or the other half dozen crashes before that. Yet the market mavens say this market will rise forever unless the FED lets interest rates rise. That is how gullible people are who are buying at these prices. However there is always a rotation going on and people still profit by buying strong companies in sectors as they bottom out.

Talk on the street Tuesday was that the FED will make at least a token cut to QE to see what happens and the stocks stopped moving up.

Remember we showed that the stock market Hindenburg Omen kicks in several months after its sell signal and the market rises for a while first. The reason for the delay is the highly rationalized selection method used in the early stage of a bubble. But at the top of the bubble all reasoning is altogether abandoned and all ships rise with the tide.

　

Stock market volume (investor participation) has dropped continuously and is now down by 43% since Obama was elected in November 2007.

Market rotation continues as QE floods America with cash creating jobless stock market bubbles and wasting human capital. 　
Markets can remain irrational longer than you can remain solvent –John Maynard Keynes.

World market updates:
http://finance.yahoo.com/intlindices?e=europe
http://finance.yahoo.com/intlindices?e=asia