Monday, November 9, 2015

November 13 Yesterday the stock market resembled August 24 when the end of the frothy period for manipulation of revenue and profits was seen as inevitable. U.S. retail sales passed its peak in October amid a decline in automobile purchases, and a collapse of sales and profits at Macys and other top line stores. It is evidence of the second Obama recession which will be much harder for the “stupid party” to blame on George Bush. The slowdown in consumer spending is evidence that the FED is already hopelessly pushing on a string because the FED has waited too long to regain control of interest rates. Obama and the FED have for the first time set America up with the problems plaguing Ireland, Portugal, and other third-world economies. Typically this situation leads to a recession and riots in third world countries and a depression and wars in developed countries.

            The two Obama recessions are similar to 1929 Hoover recession and stock market selloff followed later by the FDR/Weimar depression (complete loss of fiscal control) that led to the rise of communism and WWII.  Obama and the FED have created a very ugly situation and all America’s allies are beginning to blame their own hard times on America.  They are saying the FED should hold off but in fact the FED has already waited too long and can do nothing to stimulate the economy because the USA has piled on more debt under the incompetent “stupid party” than all the debt America accumulated before Obama.  Under the current world conditions many national economies could be wiped out by the very rare condition of hyperinflation.  And if the internet is sabotaged or something else like that occurs, everything people have saved will disappear for some time and all nations will have to print paper money.  The “stupid party” bailouts, QE1,2,&3, and FED 0% interest have put the economies of the world in the most unstable and dangerous situation not seen since 1939. 
            The situation being created by the stupid party need not occur if Americans vote in an American administration in 2016 that is free-enterprise oriented and i.e. not socialist-evil and stupid.  
            The German and the USSR administrations in the 1930’s became socialist, i.e. they were both evil and stupid.  They harassed free-enterprise opponents like the Obama administration already is doing.   American administrations that spy on and harass reporters and other honest and productive citizens are stupid, evil, and likely national socialist or communist at heart.   That is why so many Americans hate Obama’s new socialist “stupid party.”
            Job openings in the U.S. climbed in September to the second-highest on record, but since the politically correct leftist run educational system is not producing qualified graduates the unfilled openings can only continue to increase.  The number of positions waiting to be filled increased to 5.53 million from a revised 5.38 million in August.  The September openings were second only to July’s 5.67 million, which was the highest since records began in December 2000.  Imagine that; under the “stupid party’s” incompetent administration and politically correct education we are now producing record numbers of incompetent high school and college graduates.
            Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 276,000 for the week ended Nov. 7, consistent labor market strength that could encourage the Federal Reserve to raise interest rates in December as expected.
            November 12    If this last August-September bear market swing was like the first one that plunged on the November day right after Obama was elected then the next market plunge could be -50% followed by a third and final lower market bottom three months later.   Incompetence, fraud and corruption have been the hall marks of America’s current stupid party governance and it has permeated much of the stupid party’s crony capitalist system.  That is why the stock market and the American economy are now so vulnerable.
            So what if China's e-commerce company Alibaba just sold a record $14.3 billion on Singles Day!  They have done virtually nothing in the year since their IPO.   Their web sites have not improved at all.   Who puts out this Alibaba phony success nonsense?   Go on-line and see for yourself just how crude the Alibaba website still is.  http://resources.alibaba.com/topic/643206/10_TIPS_FOR_YOUR_FIRST_SAFE_BUY_IN_ALIBABA.htm
            November 11  The American government, economy, and the stock market are now all permeated with corruption and all are ripe for a serious shake-up.   An American groundswell is beginning and will sweep out the corruption and fire all the DC political demigods. 
            The Obama administration has restarted its quiet illegal political harassment of critics.   He has reinstated all his harassment schemes except the earlier illegal and phony Obama IRS’s tax claims against critics and his illegal IRS denial of non-profit tax status for non-profit groups that know or speak out when a government is corrupt, incompetent, and dishonest.  Today the stupid party is again using their corrupt contacts in insurance companies to inflate, and sometimes over a few years they even double the cost of insurance for Obama critics.   Today the corrupted media and universities get special favors or government grants when they attack the free speech of critics of the administration and of socialism.  That was never seen before in America. 
            Obama appointed the incompetent GM CEO who had GM’s defective ignition switches installed and then Obama’s administration blamed the GM problem on the CEO who fixed the problem after GM was freed of incompetent Obama administration oversight. 
            Now Obama has once again corrupted the insurance industry and many critics of the Obama’s “stupid party” are again seeing increases in home insurance just like they did previously concurrent with the illegal 2012 IRS harassment.  The “stupid party” also rewards many leftist TV stations with government favors and grants for attacking opponents of socialism to try to mobilize the public opinion against the opponents of the “stupid party” and to demonstrate, riot against, and disrupt the American military and police.   Most of the leftist networks would go out of business if they had to depend on American audiences for funds.   Socialists get fee tuition and Obama government grants on college campuses for making sure free speech is only available to socialists and other dunces.   Student debts are selectively forgiven and "stupid Party" Cherokee impostors get teaching jobs at Harvard.
            General Petraeus was set up and destroyed by the Obama administration because he was successful in Iraq and Afghanistan and made critical comments about the administration that were published in a left wing rag “Rolling Stone”.   But the US FBI has apparently been told by Obama to stand down and not to expose the Top Secret breaches of telephone and email security by Hilary Clinton.  Honest Americans are aghast and now furious.
            First the founder of Bank of America, Ken Lewis, was forced by the administration to buy Countrywide and Merrill Lynch in 2009 making BOA a virtual “financial bomb.” Then Obama along with the states controlled by the “stupid party” forced Ken Lewis to resign and had an incompetent Obama supporter made the BOA CEO.   That was a secret illegal conspiracy against a famous American Banker.  So far the CEO that Obama appointed has been a disaster and the BOA stock holders cannot seem to get rid of him. 
       We timely pointed out the fact when Obama mobilized all the “stupid party” controlled states to buy BOA stock and vote their pension fund shares against BOA’s CEO Ken Lewis.  But Ken Lewis won the election anyway and refused to resign until Obama corruptly and dishonestly used his Justice Department to harass BOA until Ken Lewis gave in.  
        Here is proof of how corrupt individuals in “stupid party” states illegally supported the corrupt Obama administration exposing state employee pension funds to significant losses in the stock market.
         “In April 2009, Nappier called on Bank of America CEO Ken Lewis to resign.[27] She also called on other senior officials to resign due to the banks acquisition of Merrill Lynch and $20 billion in loses in the fourth-quarter of 2008.[28]  As Treasurer, Nappier represents the Connecticut Pension fund system and the Connecticut's Department of Treasury on Bank of America's board of shareholders, due to the state owning 3.2 million shares ($34.7 million in market value) of the bank.[29] At the annual shareholders meeting in Charlotte, North Carolina, Nappier voted against keeping the established leadership, saying that "In the interest of Bank of America's future growth and success, it's time to clean house and set the financial health of the company on a sustainable path." 
            It is clear that the “stupid party” in Connecticut was willing to lose state employee pension funds and to burden Connecticut taxpayers by illegally speculating on the stock of a bank to support an incompetent “stupid party” president by punishing the bank founder and CEO Ken Lewis at the bank’s annual meeting.
            We did not know at that time that the “stupid party” in addition to corrupting state governments was also infiltrating and corrupting state regulated insurance companies with agents to raise the premiums of Obama’s critics.   Insurance companies are regulated by 50 individual state commissions some politically controlled by corrupt “stupid party” officials.  That allows the “stupid party” to maintain politically corrupt state control and keep premiums high for people who oppose the “Stupid Party.”  Obama administration widespread corruption, dishonesty, illegal eves dropping, and incompetence are why so many Americans are getting ready to throw his entire “stupid party” out. 
            Donald Trump went on SNL Tuesday and had the highest rating in many years.  But if people now start coming forward to complain about politically corrupted insurance companies being used for illegal political harassment, then the “stupid party” will get blown away.  And if honest people now come forward to tell their stories then a new elected government with new federal investigations will clean out bloated federal and state governments along with their “Stupid Party” corruption.  You can bet that this corrupt Obama administration has the FBI and the NSA working overtime taping Donald Trump’s private life as they did with General Petraeus and Governor Christie.  And you can bet many in the FBI and the NSA will come forward later to expose many corrupt stupid party state and federal politicians and private corporation agents who will then be sent to Federal Prison.
            Legal Hispanic American immigrants remember how they came to America to escape the drug cartels which Obama/Holder armed with their illegal “Fast and Furious” gun running.  30,000 Mexicans were slaughtered in Mexico with the guns that Obama and Holder secretly sent to Mexico to try to discredit American legal gun owners.  Yes, they are not only corrupt; they could also be handed over to Mexico to be tried for murder.  Now the majority of Hispanic voters want the illegal immigrant drug cartel thugs deported back to Mexico.  Most legal Hispanic-American voters now hate the “Stupid Party” corruption because Obama reminds them of what they fled coming to America.  The Supreme Court has just blocked Obama’s criminal Executive Order that would have allowed illegal immigrant drug cartel gangsters to become US citizens.
            November 10    'Okun's Law' was economist Arthur Okun’s idea, which states that when unemployment falls by 1%, GDP rises by 3%.  It proves that real unemployment has not dropped 5% because we would have seen a 15% improvement in America’s GNP.  Does anyone believe the economy has improved under Obama?  No it is worse today because GDP fell as unemployment rose.  But today our economy is almost back up to where President Bush left it.
http://www.martincapital.com/index.php?page=graph&view=unemployment
            November 9    Wall Street analysts and money managers now say stocks are too expensive.  Corporation earnings are inflated, unsustainable, and stock buy backs make them manipulated and unpredictable.  The next leg of the 2015 bear market could start any time now.
http://topics.wsj.com/person/B/es-browning/6013
http://www.wsj.com/articles/u-s-stock-outlook-turns-murkier-1446978605
            The WSJ says stocks aren’t going up, up, up anymore.
http://www.wsj.com/articles/a-year-end-game-plan-for-investors-1447038003
            Wall Street banks are now struggling to sell risky deal takeover debt to a shrinking market of gullible investors.  This is the riskiest situation since the Clinton DOTCOM bubble broke and the stock market financial and technology stocks imploded.
http://www.wsj.com/articles/takeover-loans-have-few-takers-on-wall-street-1447028873
https://news.google.com/newspapers?nid=2202&dat=20070921&id=BHwlAAAAIBAJ&sjid=nfQFAAAAIBAJ&pg=5318,2781420&hl=en
http://www.bloomberg.com/markets/world
            Obama brags that his “stupid party” socialist policies created a record 12 million more hamburger helper part-time jobs than the previous pro-capitalist administration.  In addition he claims he has succeeded in creating more American debt than all administrations combined from George Washington to George Bush.   That even makes the Clinton’s budget deficits look meager and bad in Obama’s eyes.  The US government debt now exceeds $18.56 trillion dollars.  But when you add in US corporate and personal debt America owes a record $65.8 trillion dollars.   Now if the FED kept the interest rate at 0.1% America would pay interest of $18.560 billion each year.  But if the interest rate jumped to 15% as it did under Jimmy Carter, America would pay interest of $2.784 trillion each year.   Then America would no longer be able to buy every school dropout a new Apple phone every year and there could be rioting and looting in the cities.  Apple stock owes a lot to Obama.  So does the school drop-out rate.  Now students disrupt school by using Apple phone applications in class.  Schools sometimes need to hire law enforcers to remove those obnoxious students using their free Obama-Apple phones.
http://www.usdebtclock.org/
            “As the CEO of a company that has been dealing with Obamacare for over three years, I’d like to set the record straight: The evidence that Obamacare is having a negative impact on hiring is unequivocal, abundant and consistent with common sense,” CKE Restaurants CEO Andrew Puzder. Wall Street Journal
http://www.wsj.com/articles/andy-puzder-shunning-obamacare-1421192654broke
            The OECD trimmed its global growth forecasts amid a "deeply concerning" slowdown in global trade and slower growth in emerging markets as economists urge the Chancellor to rethink cuts.  The world flirts with global recession as trade growth slows, warns the OECD.
 
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