Michigan Sentiment Final for was Jun 96.1 up from 94.6. It is now at the same level as it was in 2007
just before the current recession began.
Here is how
the leftist news media is lying to you, telling you how good the economy is
under the Obama “Stupid Party” followed by the actual plots of personal income
and personal spending.
They are
obviously lying and implying that things are better than before Obama was
elected when in fact they are only comparing today to the
bottom after Obama was elected.
The
National and International socialists are opposite sides of the same coin.
Hitler and Stalin were both socialists and
socialists strive for government control of everything.
Socialists have large propaganda machines
that continually deceive the voters and end up with one political party and put
anyone who disagrees in prison once they get power.
That is why we show you all the data so you
know just how the leftist press and Obama continually try to deceive Americans.
First we show a web site with the
misinformation and then we show the site with a full chart so you can see how
bad things are and how they lie and say things are better.
The fact is that the “stupid party” put
America
into an economic hole and we are trapped until the “stupid party” is thrown out
of our government.
The
socialists are actually making income inequality worse than it ever was under
capitalism. Their trick is to avoid
salaries for their dictators. The rulers
like Putin, Stalin, and Hitler never paid a nickel for anything. They carry/carried no money. They live/lived in palaces with servants and
aides just like the kings prior to the Russian Revolution. And the American leftists are so stupid they
don’t realize the “Communist Party” is the modern aristocracy. We have had a brief period of personal
freedom and free enterprise between the “Old Aristocracy” of military dictators
and the “New Aristocracy” of socialist dictators.
June 25,
2015 You can see from the following chart
that the first term from 2003 through 2006 of George Bush had about 3.7%
average GDP growth but it dropped to about 2% in the Dodd-Frank-Obama liar loan
period just before the liar loan derivatives broke the banks. You can also see the Obama recovery is at best
averaging 1.25%/yr GDP growth just as the economy is about to enter a second
Obama recession. Remember, Hover had a
recession and then Roosevelt had a follow-on
recession and a 90% stock market collapse leading to the “Great Depression.” To this day the leftist who run American
Universities falsely claim Hover caused the “Great Depression.” There was no run on the banks under Hoover. The original American “stupid party” of FDR had
the depression and then went to war against the “stupid party” of Hitler in Germany.
The bubble is
close to popping. Come June 30 the Obama
nuclear appeasement treaty with Iran
will be seen as a failure and the economic disaster in Greece will
probably only get another band aid. In
Greece the average person goes to on dates until the age of 30, then settles
down and begins work at about 30 and retires with a full pension at age
45. While they only work 30 hr weeks
they average 7 weeks vacation per year.
That is the way stupid party socialist reduce the unemployment rate by
reducing everyone’s work load thereby sharing what Americans would call part
time jobs. That is why Obama now has the
government pick up the health care cost of Americans who work less than
30hrs. He wants Americans working fewer
hours so Obama can hide some of his incompetency dealing with the economy. That is how the “stupid party” redistributes
everyone’s poverty.
June 24,
2015 Carl Icahn proudly disclosed today
that he sold his remaining stake in video streamer Netflix at its recent high
bailing out near the top of this equities bubble.
New Home Sales
for May were 546K up from 534K but down from 1390K before Obama’s “Stupid Party”
Liar Loan Program intended to help ineligible people own homes. The home ownership rate now is only 63.9%. It is the lowest in 25 years. Yet people are flipping homes now like they
did at the peak in 2006. We now have a
glut of housing and record vacancies and house fires. Housing is down but apartment building is up. The “Stupid Party Press” said,” New home sales rose to 7-year high in
May.” They believe all Americans are
just as stupid as they are because 7 years ago was actually the lowest level in
the 15 years, since 2000. So being the
best in 7 years is pathetic!
FHFA Housing
Price Index Apr rose 0.3%.
Walmart has been kicked
out by stockholders from the top ten capitalized corporations in America. Customers are leaving in droves too. The current Walmart CEO joined a group of
hateful elitist CEOs who said they would boycott individual States that specifically
allowed their citizen’s freedom of religion. Their corporations are now having problems
that cannot be solved until their ignorant hateful CEOs leave. No one
told those CEO’s that most of their customers were the people the CEO’s
hate. Once stupid hateful CEO’s get
involved with the goals of NAMBLA they can’t seem to keep their minds on their
business any more and put their desires ahead of the needs of the
corporation. The employees of Walmart had
been subjected to low temperatures, low wages, and difficult schedules indeed. But by far the very worse thing any CEO’s
could do was to put NAMBLA’s needs ahead of their employees and stockholders
trying to force NAMBLA age of consent objectives on individual states and
Christians and Jews who object. Family
values have been the target of all communist governments, hateful stupid
parties, the first Clinton
administration, and this Obama administration.
The stupid hateful CEO's of the following companies recently threaten US freedom of
religion: Walmart, Yelp, Salesforce, Angie's List, Eli
Lilly, Gap, Levi's, Twitter, Apple, Anthem, and Nike. We expect all of the corporations listed
above will either have new CEO’s or will soon be in continual decline. What intelligent people would work for such a
foolish CEO or buy from them?
June 23,
2015 William Jennings Bryan's famous “Cross
of Gold” speech in 1896 was the American version of the Greek crisis
today. JP Morgan made his fortune
betting that America
would resolve its financial crisis. For
most of the 1800’s, the American banking system consisted of state-chartered
banks. The National Banking Acts of 1863
and 1864 were the United
States federal banking acts that established
our present system of national banks by created the United States National
Banking System. It facilitated the
development of a national currency backed by bank holdings of U.S. Treasury
securities and established the Office of the Comptroller of the Currency as
part of the United States Department of the Treasury and authorized the
Comptroller to examine and regulate nationally chartered banks. If an American state went bankrupt like Greece seems to be doing in the EU, would the US
State have been expelled from the United States? Of course not! Vermont was
a problem state in early America,
hit hard by the gold standard at every recession. Why isn’t any state in the USA or in the
EU similar? Neither can print Federal money
but if a city or state goes bankrupt why couldn’t some of their state assets be
sold off or the city/state use the national currency but not be allowed to
print it. They already have complete worker movement
throughout the EU. Why would any state
object to the nation state owning and managing historic sites? Greece would still have the tourism
and jobs without the financial worries.
The EU or private enterprise might be
willing to pay a fortune for some of historic sites in Greece, or
their islands. All the early nations had
growing pains and economic panics when they the established Federal Banks.
I can sense
that you out there reading this blog also sense the broader market has already
peaked and now the foam at the top of the rally wave is peaking. Our first warning was when the cash flow into
the broad NYSE peaked. Only the NASDAQ
cash flow peaked again this last time but it was insignificantly higher.
Existing
Home Sales May were 5.35M up from 5.04M but still 50% lower than before Obama
came on the scene. Maybe hearing Obama
campaign promises caused the panic?
Manufacturing
is still going down and off the scale lower than before Obama. Manufacturing durable goods orders in May
were down -1.8% even worse than last month’s -1.0%. Durable Goods -ex transportation May up weakly
by 0.5% after a decline last month -0.2%.
June 22,
2015 Putin and others who murder their
critics could be classified as criminally insane. Countries that enjoy freedom should boycott
such nations that are led by the criminally insane just as we boycotted the
Russian Olympics after they invaded Afghanistan. That boycott helped lead to the collapse of
the USSR. The Obama “Stupid Party” earned that label
when they declared all Americans “Stupid” as their lame duck defeated
representatives voted to pass their legislation that they did not have time to
read. The “stupid party” is about to
cave in on Iran
and let nuclear proliferation arm the Jihad of the Mid East. That will take the cake as perhaps the most
stupid thing the “stupid party” ever did.
The free world should insist on boycotting all nations led by the
criminally insane starting with Russia,
and if necessary Iran and
even Greece. In fact if China
wants to go back to the impoverishment of “stupid party” leadership then the
free world should at that time boycott China. Hopefully Americans will always reject their
“stupid parties” who are always left or right wing socialists. Democrats pretend the Nazi were not a
National Socialist party and
they and the Union of International Socialist
Republics were run by “stupid party” dictatorships who thought freedom was an
evil.
Iran’s Islamic
legislation just voted to deny verification that they are not developing
nuclear weapons. Is Obama going to be so
stupid as to allow perpetual extensions of the settlement deadline?
June 21,
2015 There is very good reason to get
out of the high flying pharmaceuticals corporation stocks ASAP. Sixty Minutes did a special on the corruption
of the pharmaceuticals’ business model June 21.
They showed that the industry is completely corrupt. Prices are determined by the commission of
the salesmen and the percent kickback the doctors get for using or prescribing
their drugs. Kickback boosted prices are
much higher than the honest costs of research and development because the costs
are primarily a reflection of the incompetence and dishonesty of the drug
producers. For example Sixty Minutes compared
two drugs of equal curative results where drug A cost twice as much as drug
B. The salesmen make the same average 6%
commission on both so the salesmen tend to push the expensive $30,000 product
not the $15,000 because they get an $1800 not a $900 check in the mail. The doctors get a periodic kickback check
from the corrupt corporations as well.
That causes drug prices to rise to whatever the market will bear. Thus Obama’s Stupid Party corrupt socialized
medicine spends 40% to 60% more for the same medicines sold to other socialized
nations that have rooted out some of the corruption. As a result many Americans get poorer
treatment now with Obama’s Stupid Party corrupt socialized medicine and many
Americans die if they are not on welfare and cannot afford the treatment co-pay. We would get out of this stock sector ASAP.
And for
that matter all previous bubbles had similar corrupt methods for either
cheating customers or as Warren Buffet said, doctoring their revenue and profit
numbers.
Walmart
once had greeters at the door to welcome customers. Then they claimed their employees were
stealing so they instead had security people roaming the stores and cameras
recording deliveries of ordered goods.
Now the will have employees checking at the exits again because they
think customers are stealing again.
Customers will be scrutinized as they leave and taken to a private area
if they are suspected of shop lifting.
Twitter is
incapable of coming up with a business model to profit from the millions of
high school students and college dropouts addicted to social media. Twitter allows the “Walter Mitty’s” of the
world pretend they have a real life.
The problem is that Twitter hasn’t been able to fool people the way most
IPO candidates have. No one is nibbling.
The CEO’s
of the following companies threatened to put an end to America’s
freedom of religion because Jews and Christians often discriminate against and
imprison pedophiles. NAMBLA homosexuals
now say it is just the same as discriminating against all homosexuals. That is nonsense of course yet it is apparently
believed by some CEO’s today. The
following CEO’s said they are committed now to discriminating against states
that practice their freedom of religion.
None of the CEO’s said they would discriminate against, stop selling to,
or stop investing in and creating jobs in Moslem Nations where homosexuals are systematically
stoned or burned alive. This irrational
CEO behavior shows immaturity and a certain disdain for the American
Constitution and therefore extremely poor judgment. Therefore, until these companies instate objective
management we would avoid them. No one
can force you to even use the products of Apple, Walmart, Yelp, Salesforce,
Angie's List, Eli Lilly, Gap, Levi's, Twitter, Anthem, and Nike. These were once under great management but
have lost it. And when the market bubble
bursts stock holders will wish they chose companies with CEO’s who put the
company first.
