One thing is certain, if Social Security is cut by Obama,
the Democrats will have to create a new party because they will never get
elected again, criminals in the IRS and other federal government agencies will
go to southern labor camps, and indigents will have no free government housing
or free dinners again in America for a very long time if the “Achieving
Generation” that took us into outer space are not treated with respect. The decline in the American Educational
system began with 18 year old High School Graduates in 1965 when test scores
first began to decline.
One thing is certain, if Social Security is cut by Obama,
the Democrats will have to create a new party because they will never get
elected again, criminals in the IRS and other federal government agencies will
go to southern labor camps, and indigents will have no free government housing
or free dinners again in America for a very long time if the “Achieving
Generation” that took us into outer space are not treated with respect. The decline in the American Educational
system began with 18 year old High School Graduates in 1965 when test scores
first began to decline. National
aptitude tests have since gotten easier and easier as aptitude scores declined.
They would be 66 years old now. The peak aptitude test age group would be 68
years old now and just entering retirement.
Oct 10, 2013 Obama
gets special treatment and will not join his own Nationalized Medical plan. And the Senators and Congressmen get a 72%
lower price than working Americans when they join. The
politicians all refuse to contribute anything towards the 47 million welfare
recipients who always got free charitable treatments at hospitals but will now
be able to abuse Nationalized Medicine as they already abuse disability benefits,
Octomom fatherless child support, food stamps, drugs, unemployment insurance,
cell phones, the underground economy, teachers, student loans, drugs and
gambling.
Podesta, a former chief of staff to President Bill Clinton
and a co-chairman of Obama’s 2008 presidential transition, said in an interview
that Obama personally thinks the fiscal authority that the American
Constitution gives to Congress alone to stop profligate spending is just blackmail
and Podesta said, “He feels like he has to end it and end it forever.” The US Constitution gives Congress the
control over the budget but governments just like individuals can become hooked
on credit and ultimately can go bankrupt as Cyprus did just last year. But Obama wants the Constitution changed or
at least ignored. People have credit
limits and governments have debt limits to avoid bankruptcy. Obama is breaking the debt limits over and
over again instead of controlling spending by reducing abused entitlements and
other incentive payments that enable people to be lazy, hooked on drugs, and
ultimately criminals with no conscience.
Obama could also cut the international welfare costs of subsidizing
corrupt nations such as Afghanistan ,
Pakistan , Bangladesh and many socialist countries in Asia,
the Middle East, Africa, and South America .
States are beginning to idle state workers and cut services
because federal funding to states is drying up as a partial U.S. government
shutdown extends into a 10th day.
Welfare programs however still get the priority over national security
and were getting higher priority than the death benefits to the families of
soldiers killed in action until yesterday when there was a national outcry that
families had to pay to burry their fathers killed in action.
Oct 8, 2013 Jimmy
Carter who at his time gave America America Obama ,
America
World Economies Oct 10, 2013
The German market is
about 7% 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.
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.
The Swiss market indicates stagnation since 2007.
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.
American Economy
Oct 7
Consumer Credit Aug $13.6B rose from $10.4B -
Oct 9
MBA Mortgage Index 10/05 1.3% improved from -0.4% +
Crude Inventories 10/05 6.807M up from 5.472M http://www.martincapital.com/index.php?page=graph&view=nonfarmprivate
The Markets Oct 11, 2013
The market recovered half its loss Thursday on the report
that a compromise was in the works to end the shutdown. The volume however was very low, which is a
sign the market is near its top. Also, it stopped at the earlier resistance
level not the previous high.
It looks like there really is no compromise but the
administration may get funding for another six weeks. Obama’s National Socialism is a disaster and
most of the system users are just looking to see what it will cost and are
going into sticker price shock. At first
it was for 40million people on the dole but last month they said it was for 47
million people on the dole and yesterday they said it is now for 48 million people
in the dole as the Obama depression gets worse and worse. Soon
The market Wednesday was down 6% now and these Obama debt
crises are becoming as bad as the Greek's crises. It probably will take
at least a steep 25% drop in the world stock markets for Obama to wake up and
to reach a compromise to delay Nationalized Medicine until the American public
can review its higher costs and reduced benefits for working people.
Those on welfare pay nothing while workers pay the first 30% to 40% of their
bills. That is an equation for another disastrously expensive entitlement
program for the lazy.
Delaying the introduction of Socialized medicine is a fact and
already is happening whether liberals want to admit it or not. It is rapidly becoming a state’s rights issue
as it should be. The 47million indigents
that Obama wants to cover will bankrupt the excessively liberal states that
have most of them because the liberals have catered to Octomoms and their too
sexy to work male friends. The other
states will refuse to fund the excessively liberal states and will take it to
the Supreme Court. Then the productive
people who attracted the liberals who cater to the sycophants in the
excessively liberal states will finally feel forced to move out, possibly to
foreign safe-haven countries or Southern States. Large states in the North will become as poor
as Rhode Island
If Congress agrees we can delay passage, then we can vacate
the bill and eliminate the 20,000 IRS jobs Obama created to harass the critics
of socialized medicine.
The 10% to 25% market drop is looming now.
If you look at these next two plots it says this bull market
is over because prices are about 50% higher than the historical average and the
dividends are very low.
World trade started to grow as China
The VIX indicates some market concern now at 20. 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=5y&l=on&z=l&q=l&c=
World market updates:
http://finance.yahoo.com/intlindices?e=europe
http://finance.yahoo.com/intlindices?e=asia
They would be 66 years old now. The peak aptitude test age group would be 68
years old now and just entering retirement.
Oct 10, 2013 Obama
gets special treatment and will not join his own Nationalized Medical plan. And the Senators and Congressmen get a 72%
lower price than working Americans when they join. The
politicians all refuse to contribute anything towards the 47 million welfare
recipients who always got free charitable treatments at hospitals but will now
be able to abuse Nationalized Medicine as they already abuse disability benefits,
Octomom fatherless child support, food stamps, drugs, unemployment insurance,
cell phones, the underground economy, teachers, student loans, drugs and
gambling.
Podesta, a former chief of staff to President Bill Clinton
and a co-chairman of Obama’s 2008 presidential transition, said in an interview
that Obama personally thinks the fiscal authority that the American
Constitution gives to Congress alone to stop profligate spending is just blackmail
and Podesta said, “He feels like he has to end it and end it forever.” The US Constitution gives Congress the
control over the budget but governments just like individuals can become hooked
on credit and ultimately can go bankrupt as Cyprus did just last year. But Obama wants the Constitution changed or
at least ignored. People have credit
limits and governments have debt limits to avoid bankruptcy. Obama is breaking the debt limits over and
over again instead of controlling spending by reducing abused entitlements and
other incentive payments that enable people to be lazy, hooked on drugs, and
ultimately criminals with no conscience.
Obama could also cut the international welfare costs of subsidizing
corrupt nations such as Afghanistan ,
Pakistan , Bangladesh and many socialist countries in Asia,
the Middle East, Africa, and South America .
States are beginning to idle state workers and cut services
because federal funding to states is drying up as a partial U.S. government
shutdown extends into a 10th day.
Welfare programs however still get the priority over national security
and were getting higher priority than the death benefits to the families of
soldiers killed in action until yesterday when there was a national outcry that
families had to pay to burry their fathers killed in action.
Oct 8, 2013 Jimmy
Carter who at his time gave America America Obama ,
America
World Economies Oct 10, 2013
The German market is
about 7% 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.
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.
The Swiss market indicates stagnation since 2007.
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.
American Economy
Oct 7
Consumer Credit Aug $13.6B rose from $10.4B -
Oct 9
MBA Mortgage Index 10/05 1.3% improved from -0.4% +
Crude Inventories 10/05 6.807M up from 5.472M http://www.martincapital.com/index.php?page=graph&view=nonfarmprivate
The Markets Oct 11, 2013
The market recovered half its loss Thursday on the report
that a compromise was in the works to end the shutdown. The volume however was very low, which is a
sign the market is near its top. Also, it stopped at the earlier resistance
level not the previous high.
It looks like there really is no compromise but the
administration may get funding for another six weeks. Obama’s National Socialism is a disaster and
most of the system users are just looking to see what it will cost and are
going into sticker price shock. At first
it was for 40million people on the dole but last month they said it was for 47
million people on the dole and yesterday they said it is now for 48 million people
in the dole as the Obama depression gets worse and worse. Soon
The market Wednesday was down 6% now and these Obama debt
crises are becoming as bad as the Greek's crises. It probably will take
at least a steep 25% drop in the world stock markets for Obama to wake up and
to reach a compromise to delay Nationalized Medicine until the American public
can review its higher costs and reduced benefits for working people.
Those on welfare pay nothing while workers pay the first 30% to 40% of their
bills. That is an equation for another disastrously expensive entitlement
program for the lazy.
Delaying the introduction of Socialized medicine is a fact and
already is happening whether liberals want to admit it or not. It is rapidly becoming a state’s rights issue
as it should be. The 47million indigents
that Obama wants to cover will bankrupt the excessively liberal states that
have most of them because the liberals have catered to Octomoms and their too
sexy to work male friends. The other
states will refuse to fund the excessively liberal states and will take it to
the Supreme Court. Then the productive
people who attracted the liberals who cater to the sycophants in the
excessively liberal states will finally feel forced to move out, possibly to
foreign safe-haven countries or Southern States. Large states in the North will become as poor
as Rhode Island
If Congress agrees we can delay passage, then we can vacate
the bill and eliminate the 20,000 IRS jobs Obama created to harass the critics
of socialized medicine.
The 10% to 25% market drop is looming now.
If you look at these next two plots it says this bull market
is over because prices are about 50% higher than the historical average and the
dividends are very low.
World trade started to grow as China
The VIX indicates some market concern now at 20. 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=5y&l=on&z=l&q=l&c=
World market updates:
http://finance.yahoo.com/intlindices?e=europe
http://finance.yahoo.com/intlindices?e=asia
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