Friday, July 11, 2014

The Obama administration has spied on and harassed many American allies as well as Americans. In fact the Obama administration assumes you are an enemy until you toe up to the line and pay a fine, support him, or make a large political contribution. He has already alienated more than half the American population and our allies Israel, and now Germany. He has completely destabilized the Mid East and is now in the process of destabilizing South and North America with his escalating immigration crisis. His worldwide destabilization could ultimately lead to another world war at worst or an economic meltdown.


The Obama administration with the support of teachers unions continues to harass private schools that are good enough to not require government support.  Any college good enough to balance its budget can expect to be sued by the Obama administration.

 

Don’t ever forget the 30,000 Mexicans that were criminally slaughtered during the Obama/Holder gun running scam that they ran to try to criminally implicate American gun owners


 


 

World Economy

China’s economy continues to slow with a glut in vacant housing that will take away years of potential building.

Indian stocks are still at a record high but declined again, with the benchmark index posting its steepest weekly loss since December 2011.

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

 

The momentum in U.K. economic growth has started to slow.

 

Ebola has killed 540 people in a West African outbreak according to the World Health Organization

 

The European FTSE is at the highs of 2000 and 2007 but MSNBC/PRAVDA is still saying buy-by-by.


 

If you look at Germany where the people have perhaps the strongest work ethic in the world, their stock market has topped out too but their trend is upward only because the dollar is continually weakening.


 

The French market is about 60% of what it was fourteen years ago. 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=

 

Japan’s stock market appears to have topped and begun a new decline. It has declined since 1990 when it began Quantitative Easing because their Yen is dropping faster than the dollar.


 

The Swiss market still indicates stagnation since 2007. It has hit the highs of 2003 but could not make it to the highs of 2007. Obama has destroyed Swiss banking by attacking Swiss confidentiality that had protected people from the Hitlers and Stalins of the past.

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

 

American Economy

Jul 8

JOLTS - Job Openings May 4.635M down from 4.464M--

Consumer Credit May $19.6B $15.0B $16.3B $26.1B $26.8B

MBA Mortgage Index 07/05 1.9% up from -0.2% +

Jul 9

Quantitative easing to end in three months

Jul 10

Initial Claims 07/05 304K down from 315K but too high-

Continuing Claims 6/28 2584K up from 2574K ---- an extreme underestimate

Wholesale Inventories May 0.5 decline from 1.0% - 

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