Feb 20 American consumer confidence has fallen 20% since Bill Clinton and yet another 20% since George Bush and stands at 90 now. The Stupid Party thinks it is 90% confidence. It is plain 90 not 90% and it was 110 under Bush and 140 before Bill Clinton’s stock market bubble collapsed in 2000. The current stock market bubble is not set to bust completely, but a 15% decline then a partial recovery would be no surprise now. Yet Obama talks about how confident Americans are now because he thinks Americans are stupid. That is why the Stupid Party needs to be replaced by Thomas Jefferson’s party. It was that old White man Jefferson who started the Democrat party but Obama says the founders of American democracy, being white, old, and men, are no longer relevant. To Obama, Moslem terrorists only need jobs and some respect but Washington, Jefferson, Lincoln, and Winston Churchill should be rejected, ridiculed and called racists. The very first stupid thing Obama and his wife did was to insult the entire British Commonwealth and most Americans by acting like the fools they are when they returned the gift of a bust of Churchill to England. The Republican Congress rescued America from that embarrassment. But back to consumer confidence! This shows that Americans have lowest confidence since Obama brought his new stupid party with him.

http://www.martincapital.com/index.php?page=graph&view=consumer_sentiment

http://www.telegraph.co.uk/news/worldnews/northamerica/usa/10415601/Churchill-bust-welcomed-back-to-US-Capitol-after-Obama-snub.html

 

Feb 18   Subprime loans, (loans to people with low credit scores), are now at the highest point since the 2008 Liar-Loan banking crisis caused by Senators Obama-Frank.  For those who do not remember, a few “Stupid Party” Senators thought it was discriminatory that sub-prime people did not to enjoy the American Dream of owning a home.  So they used lawsuits against realtors and banks to force them to fill the Senator’s quotas of subprime minorities given homes with no reasonable means of paying their mortgages once interest rates went up.   For instance the stupid Senators did not care that the subprime people had low interest loans that jumped to much higher interest rates in three years when they were supposed to have their feet on the ground.  But what the stupid Senators of the Stupid Party did not realize was that the thousands of mortgages to unemployables and dropouts would all go into default when the artificial subprime housing boom went bust.   Large parts of Detroit and other cities were destroyed by the subprime mortgage holders after they defaulted and became squatters.  Under Obama his FED appointments now keep interest rates at subprime levels which are as attractive as it was to have a “free house” with the liar loans.  Now they can have a “free car” and if they don’t think it is fair to them when it is repossessed they can just wreck it and Obama will forgive them and let poor American working men and women pay for it.   Now under Obama’s free handouts we have the Obama free new-car and cell phone program for people who don’t have the time for “unimportant” things like work or an education.   Obama is as proud now of his record January 2015 subprime car sales as he was proud of his record subprime home sales in 2006 that destroyed the lives of the people who got them as well as the people who lent them.   Americans cannot afford the “Stupid Party” any more.  Working people always pay for the damages caused by the state and federal employees and the big unions who are almost all registered “Stupid Party” voters.   American workers unite!   Vote out Obama’s Stupid Party.
http://www.wsj.com/articles/lenders-step-up-financing-to-subprime-borrowers-1424296649
http://en.wikipedia.org/wiki/Subprime_mortgage_crisis

Putin’s Russian and Obama’s American inflation gauges are now going negative toward recession and depression levels.  Russia is handicapped with sanctions because of Putin is stupid and America is handicapped with Obama and his “Stupid Party.”  While jobs available are up to the levels reached during the Bush Administration it is for a different reason.  The stupid party’s socialist teachers and professors do not produce qualified applicants to fill job openings due the inability to find graduates who can read and write in English or do simple math or understand directions. 

http://www.wsj.com/articles/russia-economy-moves-further-toward-recession-1424289633

http://www.wsj.com/articles/u-s-producer-prices-fell-0-8-in-january-1424266304

Feb 18   Twitter and Snap Chat bring back memories of the DOTCOM bubble corporations when the NASDAQ was at this level in year 2000.  Here we are at the same level that NASDAQ as it was in 2000 when the people who invested in a technology index then have just now broken even.   A zero gain in NASDAQ stocks in 15 years! They wasted 15 years investing in the garbage dump of companies that waste people’s time because they were listening to Jim Crammer and others saying how good this market is just as he did in the years 2000 and 2007.  This historic moment should be a wakeup call for anyone who can read a stock chart.  The biggest losers are the users of most of the current technology not the investors.  They are the next generation of foolish indigents. They are students on the way to dropping out.  Technology is great for people with brains to know what the world needs.  But most of the games and gadgets are attractive only to people who want to escape reality and responsibility.  And probably more than 90 % of these moron targeting start-ups like Snap Chat will be bankrupt 15 years from now because the brains of their followers will be fried.  Now is the time to realize we have an opportunity to cash in our chips.  This opportunity comes once every 7 or 8 years at best. 

     One hundred years ago you cashed in every 4 yrs for a business cycle and 20 years for a great depression cycle.  In the time of Christ the Jubilee occurred every 50 years when debts were forgiven and a new cycle of growth began.  It would be an interesting experiment if the EU were to forgive some of the debts of Greece, Portugal, Spain, Ireland, and Italy proportional to the percentage that those countries downsize their governments and privatize assets of the governments to pay off some of the debt.  Why does Greece want to run their harbors when they could sell them for a profit and then tax the shipping companies?   All these countries could privatize and tax.  The sale of assets during downsizing would pay off debt and reduce the government expenditures.  The taxation of the sold assets would raise revenue and cut the deficit.  Together…. Greece, Portugal, Spain, Ireland, and Italy would get back on the road to increasing prosperity.  But that cannot happen as long as their people continue to elect candidates of their “Stupid Party.”

Obama’s Stupid Party administration just lowered Industrial Production this past month by 0.2% so that they could show it at 0.2% this month instead of 0%.   The average for the two recent months was -0.1% not 0.2%.  They think Americans are as stupid as they are in the Stupid Party that does not want to offend Putin and ISIS.  The people in the Stupid Party respect Putin and think they can rehabilitate ISIS members who return to the Free world.   Intelligent people would revoke the citizenship and passport of any ISIS member and let them die with evil of Moslem Terrorist ISIS.  The Stupid Party leaders in America unlike leaders in Jordan and Egypt refuse to say that ISIS is waging an evil war against all good people’s including all good Moslems.  The very most stupid people think the evil ISIS butchers should be welcomed home and rehabilitated.   Even Hitler and Stalin did not burn people alive.  And Obama is excusing evil today by saying that it happened in the dark ages of all religions.  That is even more stupid than can be put into words.   What idiot points to the dark ages to excuse evil today?  Only the president of a Stupid Party!  He does not respect the American flag and what it stands for and as a result he has now lost the respect of most of the free world. 

Is Miami the “canary in the mine shaft” indicator for the health of the expensive condo and building industry?  Russia and China are investigating their rich corrupt government administrators before they defect to the Americas and Europe.   The collapse of the condo market is happening in New York and California too.   Condo prices have plummeted as deals collapse and bankrupt owners and investors dump everything. Most American builders have begun layoffs.  The Obama housing bust set us back twenty years on construction.


Jan 17   New home sales peaked in 2006 when the “Stupid Party” took control of both houses of Congress and then changed the Senate rules so that they could override President Bush every time he tried to stop stupid things like the Freddie, Fannie, and Obama/Frank liar loans for people who could not truthfully afford a house.   Giving indigents new homes sounds very kind but as a result the poor and all other Americans now are now poorer, in a recession, and slipping toward a Great Depression.  You can see that Obama and his Stupid Party advisors could have done worse than they already have, but not much worse.

http://www.martincapital.com/index.php?page=graph&view=home

 

AIG profit plummeted 67% in fourth quarter and is the fourth insurance company to report the serious last quarter slowdown.  Obama’s claims the USA had a 0.5% GDP improvement while everyone lost money.   Nothing Obama says can be trusted any more.

 

Empire Manufacturing Feb sank to 7.8 from 9.9 -

MBA Mortgage Index 02/14 fell  -13.2% the worst since the Obama/Frank Liar Loan collapse.

Housing Starts Jan fell to 1065K from 1089K

Building Permits Jan fell to 1053K from 1065K

Producer Price Index Jan fell -0.8% showing that deflation is settling in here just as it is in Eurasia.   Obama is a magnet for world crisis and economic depression.