http://www.bloomberg.com/news/2014-08-20/netanyahu-vows-to-kill-hamas-leaders-as-rockets-fall.html
Aug 20 A female Fox
newscaster on the 12 o’clock news said today that Moslems have been known to
behead Americans since the time of Thomas Jefferson and the only way to stop
that is with a bullet to every Moslem’s head.
That suggestion may be misinterpreted and not go down well but
intolerant people are beginning to see terrorism now as a necessary and
legitimate strategy. Some anti-terrorist
people think preemptive nuking of all the countries that behead good people and
violate the bodies of innocent women and pre-pubic children would be better
than waiting for the Jihadists to begin a worldwide nuclear war. The Israelis are now getting the sympathy of
the West because ISIS and Hamas are so incredibly horrible. Israel
could now go into Gaza and execute every evil
Hamas leader and the people of Gaza
It is a very frightening world we live in now and it
seems even Putin now sees the possible horrible consequences if someone like
him does something that triggers WWIII.
WWI was started unbelievably by a single terrorist who killed the heir
apparent of a little poor European country.
How much easier would the next world war start with the beheading of a
prominent free world leader or the invasion of free Ukraine
Aug 19 Bloomberg
reported that a Texas Texas
The tech-heavy NASDAQ logged its highest closing level in
more than 14 years. As long as the brainless computers keep automatically bidding
prices upward, nothing seems to be able to stop the rise in prices until people
realize the prices being paid are absolutely ridiculous. The WSJ and Squawk Box are saying that the little
retail investors are now out of the market and all the money is invested by the
high paid money managers of the funds using high speed computers to trade. Most of the exchanges don’t even publish
their volume because most trading is very high speed and done with computers
that are continuously buying and selling to maintain a market.
The 60 Minutes CBS program on Sunday showed again how the
high speed computers are so clever that they break your trade up into smaller
trades that cost you more in commissions.
That is why small investors use AON (all or none) because Fidelity does
the same to fleece people who don’t know better. Why should any small trader ever have to say
AON when supercomputers can handle any small order without blinking?
Banks are getting clever at cheating their fiduciary clients
too. They charge $20 or more for every
chick overdraft. So to maximize their
cheating they collect all the checks after you go to sleep and process them in
order of the highest checks first. In
that manner once a big check triggers your overdraft each of the many smaller
checks triggers an additional $20 penalty.
The Buffet Rule, pass it along…
We must support this...pass it on and let’s see if these
idiots understand what people pressure is all about.
Salary of retired US
Salary of House/Senate members . . . . . . . . $174,000 FOR
LIFE This is stupid
Salary of Speaker of the House . . . . . . . . . . $223,500
FOR LIFE This is really stupid
Salary of Majority/Minority Leaders . . . . . $193,400 FOR LIFE Ditto last line
Average Salary of a teacher . . . . . . .. . . . ... $40,065
Average Salary of a deployed Soldier . . . .. $38,000
I think he found where the cuts should be made! If you agree
pass it on, I just did.
Warren Buffet, in a recent interview with CNBC, offers one
of the best quotes about the debt ceiling:
"I could end the deficit in 5 minutes," he told
CNBC. "You just pass a law that says that anytime there is a deficit of
more than 3% of GDP, all sitting members of Congress are ineligible for
re-election.
Warren Buffet is asking everyone to forward this email
to a minimum of twenty people on their address list; in turn ask each of those
to do likewise.
In a week, most people in The United States of America
will have the message. This is one idea that really should be passed around.
Congressional Reform Act of 2015
1. No Tenure / No Pension.
A Congressman/woman collects a salary while in office and
receives no pay when they're out of office.
2. Congress (past, present & future) participates in
Social Security.
All funds in the Congressional retirement fund move to the
Social Security system immediately. All future funds flow into the Social
Security system, and Congress participates with the American people. It may not
be used for any other purpose.
3. Congress can purchase their own retirement plan, just as
all Americans do.
4. Congress will no longer vote themselves a pay raise.
Congressional pay will rise by the lower of CPI or 3%.
5. Congress loses their current health care system and
participates in the same health care system as the American people.
6. Congress must equally abide by all laws they impose on the
American people.
7. All contracts with past and present Congressmen/women are
void effective 12/1/14. The American people did not make this contract with
Congressmen/women.
Congress made all these contracts for themselves. Serving in
Congress is an honor, not a career. The Founding Fathers envisioned citizen
legislators, so ours should serve their term(s), then go home and back to work.
If each person contacts a minimum of twenty people then it
will only take three days for most people (in the U.S.
THAT IS HOW WE FIX CONGRESS!
World Economy
Aug 22
Peruvian President Humala’s cabinet failed to obtain a vote
of confidence from its Congress for failing to revive the slowing economy.
Aug 19
Investors that cut their gold holdings in 2012 as prices
fell from highs have yet to plunge back in. Gold production had reached a record 2,632
tons in 2012 causing the price to fall.
But it slumped by a third to 1,763 tons last year. The metal has held in
a tight trading range since then according to data compiled by Bloomberg. But gold bugs are waiting for an upside
breakout as the printing presses flood the world with cash. When interest rates rise the money will come
flooding out of US low interest treasuries.
That is why the FED is afraid to stop QE economic cocaine and reverse
the process that has stoned our economy.
The European FTSE is at the highs of 2000 and 2007 but
MSNBC/PRAVDA is still saying buy and by-by.
Notice the flat top similar to yr 2000.
The German stock market has topped out and is close to
giving a sell signal hitting the sell resistance level for the fourth time in
two years.
The French market is only 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.
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
Obama must have made all his advisors learn the new Common
Core Mathematics. The numbers seldom
make sense and tend to make Obama stagnation look like prosperity.
Aug 18
NAHB Housing Market Index Aug 55 up from 53 -high data scatter
Aug 19
CPI Jul 0.1% down from 0.3% - we need inflation not deflation of the economy
Core CPI Jul 0.1% 0.1% 0.1% 0.1% -
Housing Starts Jul 1093K up from 945K. We have underwater mortgages and don’t need
more of them.
Building Permits Jul 1052K up from 963K good jobs bad
because there is an over supply of homes now and a shortage of apartments.
Aug 20
MBA Mortgage Index 08/16 1.4% scatter from -2.7% -
AM Crude Inventories 08/16 -4.474M obvious administration
error, BS, and scatter 1.401M - If oil
was in short supply it could not result in the lower prices.
FOMC Minutes 7/30 - - - FED still to afraid to make any
change due to their inept leadership.
Aug 21
Initial Claims 08/16 298K down slightly from 311K ++
Continuing Claims 08/09 2500K down from 2544K +
Existing Home Sales Jul 5.15M up from 5.04M ++
Philadelphia Fed Aug 28.0 improved from 23.9 +
Leading Indicators Jul 0.9% Common Core math was used for
this BS 0.3%
The Markets
A few weeks ago we showed several public indicators that pointed
to a downturn at about the beginning of September. Our own market cash flow indicator is nearing
a turning point signal too. But usually
there is a recovery of about half the first decline before a long term bear
market decline ensues. A very careful
person could consider shorting a company that is beginning to flat line and covering
it about a week after the first decline of close to 10%. After the first sharp selloff there will be some very good stocks that
should not be down 2% much less down more than 10%. A very careful person could consider cherry
picking those strong companies that are still strong but getting out just
before they recover the selloff loss.
Google has a search machine with many good options and you
can save the results in an Excel spreadsheet and capture the HTML’s that let
you automatically plot each case that you want to look at.
Look at the
volatility index and you see that the market could fall much faster. This
market has little volume or volatility.
So when volume picks up past history says the market will plunge. This is not a good moment in time for holding
equities.
World market updates:
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