Uncle Sam’s Plantation shows how Obama’s present socialist government
manipulates, controls, and ultimately devastates the lives of the poor—and what
Americans must do to stop it. Once a hustler and welfare addict who was chewed
up and spit out by the ruthless welfare system, Star Parker sheds much needed
light on the bungled bureaucratic attempts to end poverty and reveals the
insidious deceptions perpetrated by self-serving politicians like Obama.
http://www.amazon.com/Uncle-Sams-Plantation-Government-Enslaves/dp/B00AK3YKKS
Jan 9 This investigation of Christy must be part of
a broader investigation of Obama, Rahm Emanuel, and the IRS. Christy may have sabotaged the presidential
campaign of Romney by inviting Obama for a pre-election publicity tour, but
Christy’s petty sabotage is no match for Obama’s unconstitutional tapping in to
all Americans (including Christy’s) phones and email.
http://www.independent.co.uk/news/world/americas/nsa-surveillance-row-us-phonetapping-revealed-by-edward-snowden-surely-runs-counter-to-constitution-says-judge-9009038.html
Romney had pulled out 1% ahead of Obama the weekend before
Christy sabotaged Romney. By the
election a week later, Romney was 2% behind.
This is the first time in American history we are seeing evil
emerge. Nixon was not as bad. Nixon did not authorize spying on Americans;
he was impeached for a cover-up of Watergate.
Stolen top secret Vietnam War information was the reason the FBI broke
in to the psychiatrist’s office. The
Obama administration spying on Christy was a Federal offense and it has
happened recently to many patriotic Americans.
Obama and Christy are special cases of evil because they have been
harassing little patriotic Americans.
This investigation of Christy must now be part of a broader
investigation of Obama, Rahm Emanuel, and the IRS. A very nasty form of corruption is now
becoming virulent in America .
It has come out that poor judgment, no-bid corruption
(nepotism) and incompetence is the cause of the failure to get Socialized
Medicine up and running. Socialized
Medicine will likely be the largest drag on the American economy in 2014. Incompetent friends of the Whitehouse
influenced the decision to go with an unqualified corporation to build the
failed Obamacare website.
http://foxnewsinsider.com/2013/10/29/hannity-krauthammer-michelle-obamas-connection-obamacare-no-bid-contract
Extending unemployment just makes the unemployment number
look lower so Obama continues to expand socialism and destroy job creation.
Jan 8 You never hear
socialists say they want equality of prosperity because the entire world would
die laughing. No socialization has ever
delivered anything but equality of poverty and genocide.
Why is this bull run over?
This bull run is quite unique. It
is the first bull market where individual investors have kept leaving the
market the entire time. Volume on the
NYSE and other exchanges fell starting as soon as Obama won the Democrat
primary and has never stopped falling since.
The volume has even fallen through the entire market rally which was
made by institutions leveraging up with QE and bidding up stock prices so they
look good on paper. Low QE rates made
high debt cheap and helped distorted the balance sheets by making debt look cheap.
The market valuation took six years to get back where it was
when Obama won the Democrat primary in the Fall of 2007 but the market volume has
declined the entire time. We have never
seen that happen this way since Jimmy Carter.
American investors have been bailing out in every correction and the
Funds can’t make money without the public investing. The funds could now survive by cannibalizing
other funds that are now valued more than the assets they hold. But how can they do that without massive
shorting of stocks and fleecing the public again when there are only half as
many private investors to fleece? This
is about as bad as things got under Jimmy Carter when the market was locked
into a trading range because Jimmy believed the environmentalists who said the
world would run out of oil by 2010 so Jimmy and the other liberal geniuses
stopped America looking for any more oil and America became dependent on Moslem
oil and made the Jihadists rich. It was
during Jimmy Carter that seniors were so poor they were filmed by the news
media buying dog food to eat and it was during Jimmy’s term that the liberals
started letting all the lunatics out of state mental institutions. It took a conservative like Ronald Regan to
return sanity to American Government and we had an excellent economy until Bush
tried to help the Moslem nations become real free nations. That was as smart as it was for Democrats to
let the lunatics out of the mental institutions. So now we have Obama and now poor people are
eating dog food again, homelessness is at a new high, poverty is at a new high
and investors have lost confidence and have once again abandoned Wall Street
which has been borrowing money to leverage up and pump up stock prices to these
ridiculous levels. Interest rates are
starting to rise again and soon Wall Street will be forced to deleverage. Then if America elects another Ronald Regan
we can start with layoffs of all the IRS doing Obama’s harassment tasks and
those in Obama health website consulting jobs.
Jan 7 Why is Obama
buying $1 billion of Russian helicopters
for Afghan military when the Chinook built by Boeing is a better fit? Is that the promise he made Putin which he
said would happen if he was re-elected?
http://www.csmonitor.com/USA/Latest-News-Wires/2013/1207/Why-is-US-buying-Russian-helicopters-for-Afghan-military
World Economies
January 10, 2014 China
appears to be reeling now from bad loans.
There is no soft landing possible.
While a Great Depression is possible it is more likely China is in for a very poor year
ahead.
Angela Merkle was raised under communism and knows how
stupid and evil socialist leaders can be.
She is just ignoring Obama who keeps criticizing Germany for having a trade surplus
s.
The secret to Germany ’s success is that they live
within their means. If every American
saved 25% of their income they would be living within 75% of their means. The Chinese immigrants to America saved
more than 50% of income. Obama’s
relatives are on welfare because they spend more than they earn. If Obama was smart enough to learn from
Angela Merkle he could help this supporters achieve greater incomes by doing
like the Chinese and Germans and just live within their means by saving 25% for
a rainy day. Easier said than done! Obama should save his economic advice for his
family and listen to Angela’s advice.
Jan 9 Europe ’s rally in bonds is making the region’s sovereign
debt crisis a fading memory and is relieving debt financing costs in the short
run. However to solve their debt problem
they must use this opportunity to pay down debt not increase spending and get
into an even more critical condition.
Jan 8, Venezuelan’s are now starving under socialism and are
willing to drive four hours through army checkpoints every week from the city
of Maracaibo to buy rice in Colombia for 10 times the
government-set price back home.
Euro-Area Unemployment is still above 12% as their economy struggles.
Jan 7
Emerging stocks fell for a fifth day as China let insurers
invest in stocks of high risk Chinese startups and then tightened lending
controls on banks including Goldman Sachs Group Inc. forcing them to sell other
developing-nation assets. Polish shares also slid and Turkey ’s lira
weakened.
..
The German market is topping out. The best of the foreign markets is about 15%
above the 2007 high which was about 7% above the 2000 high. It however failed to
break out from its upper resistance level defined by 2000 and 2007.
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. It has hit the highs of 2003 but could not
make it to the highs of 2003. Obama has
destroyed Swiss banking by destroying the Swiss confidentiality that protected
people from the Hitlers. Stalins and the current socialists trying to legally
confiscate everything people earn while lining the pockets of their friends
with Obamcare inept management of $billions.
http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=
American Economy
Jan 6
Factory Orders Nov 1.8% back to normal from-0.5% after a
poor
Services industry Dec 53.0 down sharply from54.6
Jan 7
Trade Balance Nov -$34.3B somewhat better due to shale gas
and oil energy -$39.3B
Jan 8
MBA Mortgage Index 01/04 2.6% NA NA NA –
ADP Employment Change Dec 238K up slightly from 215K---
But they are spinning this as good news on MSNBC/Pravda
because they say they expected it to be worse. That is just how bad things are that they
intentionally lie and say they had expected things to get worse when all they
ever do is hype the economy as recovering.
Under socialism everyone pretends they have work and the government
pretends the people can earn a living.
It is true equality of poverty, the very thing Obama strives for because
misery loves company. Under socialism
you never hear them say equality of prosperity because the entire world would
die laughing.
Jan 9
Challenger Job Cuts Dec -5.9% improved from-20.6% due to
high post XMAS cuts ending. Challenger
Job-Cut Report could be used as a leading indicator for new jobless claims,
Initial Claims 01/04 330K down slightly from 339K +
Continuing Claims 12/28 2865K up sharply from 2833K – More reason
not to extend unemployment compensation beyond a year. Welfare is available to those in need and
gives a social impetus for people to look for a job rather than look like they
have no skills. Cutting unemployment
extensions forces Obama to do something to help the economy. Extending unemployment just makes the
unemployment number look lower so Obama continues to expand socialism and
destroy job creation.
Jan 10
Nonfarm Payrolls Dec 74K down sharply from 203K -------
Nonfarm Private Payrolls Dec down sharply from 196K ------
Unemployment Rate Dec 6.7% absurd drop from7.0%, Absolute
incompetence of the Obama people doing the calculation -----
Hourly Earnings Dec 0.1% down from 0.2% -
Average Workweek Dec 34.4 down from 34.5 --
Wholesale Inventories Nov 0.5% down from1.4% ++
The Markets
January 10, 2014 How
is it possible that Continuing Claims went up sharply yet the unemployment Rate
is down sharply when the unemployment rate is the continuing unemployment
claims divided by the number in the labor force. This incompetent Obama administration must
have used an incorrect employed labor force number that is too high by
(7-6.3)/7=10%. This is a huge 10%
error. America would be a lot better off
if the next administration lays off every incompetent person the Obama
administration has hired. They are also
hopelessly evil for using the IRS to harass Americans and use the NSA to spy on
Republicans to bully and smear Christy, and for killing 30,000 Mexicans with
guns sold to drug cartels to smear Americans who own guns. The Obama people shamelessly blame everyone
else for their complete incompetence in every aspect of American government
that the Founding Fathers conceived.
Jan 9
It has come out that corruption (helping incompetent friends)
is the cause of the failure to get Socialized Medicine up and running. Socialized Medicine will likely be the
largest drag on the American economy I 2014.
http://www.newsmax.com/Newsfront/cgi-federal-scrutiny-obama-fundraising/2013/10/27/id/533310
Jan 8 We can expect
no economic recovery of any significant amount while we have socialism
expanding in America .
Jan 7 The biggest drag this year is going to be the
increased size of government and a sharp drop in productivity as high
paying/low performing government jobs replace high paying high performing
private jobs in medicine and Obama takes America one step backward toward
poverty and poor medical care. The
second major drag will be 50 million more people suddenly eligible for
orthopedic and other expensive surgery of which 50 million do not pay taxes and
20 million of those have welfare income based on their number of fatherless
children.
http://www.tmz.com/person/octomom/
The second blip in world trade is fading and world trade is still
down about 75% from when Obama was elected but it looks like a bottom has
formed. Look at the last 1+ years! Use the graph or snapshot option. Unfortunately they do not show back to 2007
when trade was five times higher than the current year highs.
http://www.bloomberg.com/quote/BDIY:IND
Based on history the best time to buy stocks was when the VIX was
above 30. The best time to sell stocks
was when the VIX is below 20. It is now
near 15.
World market updates:
http://finance.yahoo.com/intlindices?e=europe
http://finance.yahoo.com/intlindices?e=asia
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