Saturday, December 26, 2009

Friday, December 25, 2009

Friday, December 4, 2009


Well I do like this Man's perception of God etc etc

Wednesday, December 2, 2009

My Past Predictions and 2010's

Well not too bad I think check them out at the beginning of my blog, back in very early 2009.

As for 2010;
  1. US Fed forced to stop printing money by foreign concerns.
  2. Unstoppable decline in US dollar. CDN dollar reaches $1.50+
  3. US Dollar replaced as reserve dollar by basket of currency to include Yen, CDN, Rubel and other Kings of the North. PM of Canada Steven Harper to be named Anti Christ. He's my BOY!
  4. Canada amazes world with new utra high speed weapon system, developed in tandem with Russia
  5. Canada considers Russia to be more democratic and capatalistic than US in 2010. Same with China. China's and Canada's economy explodes with Russian while Canada and Russia come to agreement over North Pole resource concerns.
  6. Soverign wealth fund moves completely out of US dollar.
  7. Gold maxs at $2,500+/oz US, silver hits just under $600.
  8. Oil up to $120+/gl US
  9. US gas prices exceed $4/gl
  10. Lots of urban riots in US cities. Parts of Detroit, LA, NYNY, Chicago are semi permanently closed off to Police protection. National Guard is rolled in and called back from mid east.
  11. 10,000 US Troops placed on Mexican US border. 2,000 Canadian Troops placed on Canada US border.
  12. TWO 911's USA, one Canada, SIX in Europe/India.
  13. Iran detonates 1st A bomb
  14. North Korea detonates 2 more A bombs
  15. Severe and bloody backlash against Islamic terrorosts around world, particularly in China. China accused of enthnic style cleansing.
  16. Obama forced out of office, resigns voluntarily. Pelosi trys to take over Prez reigns after contested 2010 results in her district, but is outflanked by Clinton. Hilarious political catfight but Clinton comes out on top. By the way VP found too ill to step in.
  17. Two new parties walk into congress after 2010 election. Now 4 parties in the beltway.
  18. Health Care legislation goes down in flames.
  19. War in middle east escalates dramatically with four more players getting into it and screwing up oilflow. Canada and Russia greatly benefit, they become even more cozy cozyski.
  20. Real Estate collapse tolls in 2nd GREAT depression. To last forever, the new normal, only 25% of polulation, less Gov workers to be gainfuly employed. Security services, guns for hire, replace most police forces. Parts of US Cities to become free fire zones. US looks more like Africa than ever before. Racism and related crimes sky rocket. yep that was sure some CHANGE all right. From 1st world to 3rd world in just 2 years.
  21. Canadian Banks buy up a pile of US properties and banks.

PORN to be the major #1 export for the US economy.

See all my other predictions for 2009 etc, set up earlier on this blog, just move em forward.

Merry Xmas and happy New Year

Monday, November 30, 2009

Dubai Goodbye, waiting for the other shoe... be thrown;

Top TEN Smarty Pants;

1-Dubai is beginning of the Commercial real estate crash, the next shoe to drop. The financial crisis is far from over, governments are just prolonging the pain to give the wealthy time to allocate their wealth. Same thing that the crew of the Titanic for their wealthy.
2-US dollar rally imminent. Most of our money supply is credit. When credit is destroyed, it has deflationary effects. People are having trouble finding dollars to pay off debt. Dubai is going down. It will have ripple effects.
3-You think the amazingly smart bankers that made these loans have already spent their millions in bonuses? Remember, they are so smart they deserve millions in bonuses and could not possibly be replaced.
4- We have the largest economy in the world. There's no country in the world with enough money to bailout us out. The Government predicts it will have trillion dollar deficits for the foreseeable future, meaning they have to borrow the difference. Where's that money going to come from? I just don't see the Chinese being stupid enough to loan us trillions of dollars a year for the next decade. Even if they wanted to, they don't have enough money to do it.
5-UK bank RBS was the biggest unerwriter of Dubai debt over the last two years BBCs Newsnight said. UK government has given them huge bailouts and they are 84.5% state owned now!!! Max keiser calls Brown and Darling the Beavis and Butthead for backing losers....
6-I think they think it is a good time to Shanghai lenders. Dubai is notorious for not paying workers, why not screw the lenders if times are bad and they aren't willing to fight back? They probably didn't factor in the global backlash.
FEY FEDERAL RESERVE YOUR NOT FOOLING ANYONE: Here's what Chris Carolan, our European and Asian-Pacific short-term analyst, has to say about the situation: "The news is uniform in ascribing Dubai World's debt announcement as the cause of the Thursday and early-Friday decline. And yet that news came out late Wednesday with little immediate effect on prices. Conspiracy theories are not our stock and trade, but it does seem interesting that the market train left the tracks on the day when the Federal Reserve was away from its desk. And it also seems important that this decline uniformly reached around the world into every equity, commodity and foreign exchange market...." [European Short Term Update, Nov. 27, 2009]
8- Dubai Isn't that the country George Bush wanted to sell our New York and New Jersey Ports operation too ? Good thing public outrage stopped that transaction otherwise our security would be one of the assets being liquidated in bankruptcy to who we would not know
9-It's fun to watch the Euros squirm. Their necks are out a mile in Eastern Europe and Dubai. Next up should be one of the former Warsaw Pact nations rolling over. Then the fun really starts!

10-Who cares about Dubai. Drive some more China built Hummers and soon enough thanks to global warming the waters will reclaim Dubai completely. Actually there is no global warming, it’s really a return to the norm and people built where they shouldn’t have.

Satansays; "Ahhh yes let the commericial Real Estate shoe, now start falling!"
2010, it's only going to get REAL bad, the great sucking sound continues unabated, end of the recession? BWA HAHAHAHAHAHAHAHAHAHAHAHAHA, but a bunch of ASS Clowns.

Tuesday, November 10, 2009

The Annoying Orange 2: Plumpkin

Hey I should try that some time...
Hmmmm what would Satan do? I know I know !...

HEY HEY Jesus, how's it hanging up there?


Monday, November 9, 2009

China says where is MY MONEY SONNY ?

The Chinese invented paper money; a German invented the printing press; and an Italian invented the Ponzi scheme; and we are the Melting Pot.

Satan Says; "Goldman SackYOU" is about to lay their big down card soon. MERRY XMAS you lovers!

Thursday, October 22, 2009

Gold, Stocks and the US Dollar


Above link is VERY VERY intersting. YOU are being deceived !



Wednesday, October 21, 2009

Merry Christmas Prez Obama

10 smarty pants on fire...

  1. There is nothing real about this recovery. It is totally built upon government influx of funds into the markets. Not to mention Uncle Sam is borrowing money from other countries to make us feel like all is well. That practice is going to end soon enough.
  2. The policies pursued by this administration are no different than they would be if a Republican administration were in office. Many view this as a GOP vs. a Democrat thing. It is not. Both administrations receive the same advice which is based on a fundamental misunderstanding of economics and our money system. These problems WILL NOT be resolved until the aforementioned is understood. This is unfortunate because it need not be this way. Read more at
  3. I work, I save, I buy something. When I lose my job I won't work, I won't save, and I won't buy anything more than the basic necessities. Anybody else on this plan?
  4. It's funny watching people try to combine two different goals in the same sentence. The global elite are accomplishing their goal of redistributing global wealth and increasing central control along the way. They are successfully using double speak and fiat money to confuse the slaves along the way. In the end, a small group of men will control the resources, including human resources (numbered slaves) of the entire planet.
  5. If the 'recovery' isn't real what is to stop "them" from faking a boom post tax hike. It is all a con game anyway. Recovery now, Boom time tomorrow in the matrix.
  6. Interesting article. I read an article in the local newspaper saying how the region unemployment actuall dropped from 10.8% to 10.1% from September to October. The editor further propagandized the masses by quoting much of the recent Wall Street successes as further indication of great things coming. When studying the employment picture, the drop was FACTUALLY attributed to people just giving up trying to find work and rolling off the dole.The Wall Street estimates are all laced with much merriment and hubris for the future, whereas the present shows something quite different. Governmental programs designed to stimulate have enriched foreign auto companies, Wall Street sharks, Crooked Banks and more politicians than are revealed, or exposed. Posters have bragged about their huge profits since March which brings them back to 60% of where they started... and they are now getting ready to ride the wave to even greater wealth. You still haven't figured out that jobless recoveries are not recoveries. You still need to deal with jobs or the Federal Debt grows. Regardless of what you want to believe, that is not being addressed. If anything, the government is responding very slowly to infusing money into the small business environment. What is incredulous is the fact that this administration is willing to allow the suffering of the middleclass to the extent it has. These are the people that voted these bums into office and these bums literally shit in a bag and told them it's lunch. Surprisingly, the people accepted it?? People have been out of work for a long time and all this administration knows how to do is extend benefits. Extend benefits and jobs go offshore and guest workers are coming to this country in huge numbers. The NEA gets stimulus funds to further education while college tuition goes up across the country?? A thank you to the NEA for the support maybe? Recent college grads with huge debts are finding the job market bare as the guest workers come in and take their jobs. The college grads are another group strongly supporting this administration and no one considers refinancing those student loans, while deadbeat subprimers get all of Barney Franks' support. Yeah, let's all worry about the Federal debt, healthcare, Cap&Trade, banks, and Wall Street. The actual heartbeat of America, the people that put this administration in office, is getting tossed aside as Wall Street and the Banks make huge amounts of money from the sheeple... I now understand why people say never underestimate the stupidity of the American voting public.
  7. The Bailout is a small recovery (bubble) that the government has created to slow the markets downward trend. Don't be fooled, bad debt is bad debt. It doesn't go away easily like we would like to believe without the economy feeling the pain and going through the corrective movements that will eventually bring us back to a prosperous economy. But first thing is first. Although the banking industry and government would like you to think , and has been taught for the last 100 years, that Debt is the only way to grow the economy, it is BS. Growth through debt financing allows banks to make easy money and HUGE margins and Government to give "good" reasons to tax the H--LL out of Americans when it all falls apart. Cause you know, we gotta save the economy through big bailouts after the banks make their fortunes. Big banks win in this game either way. And taxation is not only good for the big banks but it is good for big government!
  8. What continues to make me chuckle about this is the fact that people can't seem to differentiate between the Market and the Economy. Connected...but it should be obvious to EVERYONE at this point that they are CLEARLY NOT THE SAME THING. True, stocks are doing great, considering most are rebounding from historic lows. But, why don't you talk to one of the millions of people with an underwater mortgage or a newfound "employment problem" and tell them just how great everything is right now. Hooray, ONLY 263K people lost their jobs last month! I don't know about you, but I feel like celebrating! Ahh, good times...good times.
  9. The Democrat policy is based on democrat logic. Can you expect anything different? They think they are being abused by the real producers and they are going to get it back for the the deserving. I wish They realized that they themselves are hundreds of times more abusive than the other party. and it appears 100's of times more dishonest. But they will not because beliefs are what all religions require. And Democrats are a very religious group of people who ignore the facts and act on their own beliefs. Ironic many of the samre people who try to crush Christianity because it is religion also worship their own beliefs. With the ignorant in charge, you can expect more of the same stupidity until reality hits hard. Have no fear: excuses for what is will exist until they fail to find excuses that blame others. And they have a very big imagination!
  10. this market recovery has never been real // This is just DUMBO-Ma throwing money into the market through other people so it does not get traced back to the FEDS because it's illegal // eventually the $$$ will run out // and by the way he is using our money // when the $$$$ runs out this market will come crashing so hard that people will be jumping out the windows because they will be ruined

SATAN SAYS "Have a great last Thanks Giving Meal" the way, "Bank Earnings UP but Manufacturing in the the F_CK does that work?"

Friday, October 16, 2009

Down up over 10,000...and...mmm mmm mmm

FALLING, Bank of America [Bank of America's global card services unit loss widened significantly to $1.04 billion from $167 million a year ago.
The loss in the bank's home loans and insurance division grew to $1.6 billion from $54 million a year ago, as credit costs continued to rise.], Halliburton, Sony, etc etc

Top TEN Genious remarks;

  1. The worker drones still believe in their 401k plans. Now that's laughable!
  2. V shaped.. boom time.. buy investment properties and FLIP em.. it's time to move DOW going to pffftttt.. who needs jobs... the Market is all that counts AND IT'S BOOMING... don't worry obama will take care of the market... want a job? that is so last administration.. don't need no stinkin job with obama.. LOOK, HE IS GIVING $250 BUCKOS OUT NOW.. obama has OBAMASTASH.. see what he did in deetroitt... obama STASH... is all that's needed and obama has it.. plenty of STASH.. so the MARKET is the winning lottery ticket.. get with it and praise the market... these 'fake ' unemployment figures... just trying to diss obama .. obama has GREEN AND SHOVEL READY JOBS FOR EVERYONE.. AHHH.. LIFE IS GOOD, THE MARKET IS UP AND OBAMA WANTS TO GIVE FREE HEALTH CARE AND PEOPLE ARE BALKING AT IT? HURRUMPH... LET'S SING MMM MMM MMMM
  3. Big deal...Dow 10,000...what is there to realistically celebrate? It's only illusionary wealth as the US dollar isn't worth as much as the paper it's printed on. The banks are back to big bonus and earnings thanks to the US taxpayer bailouts and companies show an increase not because they increased earnings but because they have cut working hours, scaled back inventories and cut job positions. The US hardly manufactures any tangible items here in the US...where are the jobs? New bubbles are being created and isn't it why we are in this mess in the 1st place? Rah Rah Dow 10, 000....nothing has truly improved.
  4. Wall Street and the executive class have been able to skim the returns out from under shareholders of public corporations because the new investor class is comprised mostly of ignorant passbook savers, not real, knowledgeable investors. Thus, ten years with negative real fact, negative nominal returns, if you add in transaction costs and carrying charges.
  5. A surge in the gold price cometh, perhaps imminently. In the next several weeks, the gold price might jump quickly to the $1500 level. A contact with excellent access to gold transaction information and developments has shared that the sharp price rise could come very soon "due to certain transactions that are being consummated at this very moment. Even if the Boyz try to hold own or depress the price, it will do them no good. The pressure that has been built up is uncontrollable. We shall see some big banks hit the wall very soon (weeks/months). The market will take over in very short order from here on forward." A phase has begun to remove illicit corrupt controls on the gold & silver market, from demand of physical bullion. The same source told a story about events at the London Bullion Market Assn. That market is to London what the COMEX is to the United States, both deep in corruption and government interference, where grossly inadequate metal inventory exists to maintain their charades of markets, each dominated by paper pricing. They manage paper markets for syndicates in total illegal operations. Several large gold futures contract holders are demanding physical delivery in London. The LBMA does not have the metal in inventory. The officials have offered the futures contract holders cash plus 25% dividend for settlement without gold delivery. The contract holders refused. They want their fuchn gold (using a French term by the source, my unique palatable spelling)!!! There was very high volume involved in the contracts. The standoff is not settled. It could go to court. The London authorities are trying desperately to keep the story from hitting the press. It helps to have the syndicate in control of the press networks. The Bank of England and one other European member central bank are working feverishly to fill the contract order, but unfortunately they are using very old gold bars that are reportedly only 90% gold. That invites a new potential challenge. The gold market could soon explode and possibly work toward a convergent fair market. My hint is that it is Germans and Swiss with other Europeans are working diligently and pointedly to kill off the US-UK bank nazis. A LBMA and COMEX bust and default is visible on the horizon. See the Jackass article entitled "Hitman Contracts to Bust Comex" (CLICK HERE) dated in May 27. It would include big bank ruin and legal prosecution. The same source hinted that the ruin of commodity exchanges could coincide with the bust of JPMorgan. So, based upon the London incident, gold has a real price of near $1300.
  6. Now all you brainiacs, where do suppose those Obama bucks come from,, , TAXES, which, have to go up, because spending never goes down, wait until that shoe drops!
  7. Dollar hit a new low again today. Coinkydink?
  8. Here is a theory?, when the DOW goes to 10,000+ the Volume drops, as stock becomes over-valued, inflated, no substance (Sep 08), with no where to go? Ergo, drop the DOW to 6500, as in March, then there is the Historical factor to rely on that the Market will go back up to 10,000 the following Oct? Buy Low, Sell High, Bubba! No Fundamental base, just cyclical deviations & fluctuations of Quantum Sector Analysis (QSA). But, this time, the Harvard School of Case Studies, has trained Pavlov's Dog! Say you Dr Greg?
  9. Alot of investors are about to cash out - I've already done so. You're a fool if you are invested in a market where the S & P 500 P/E ratio for the 3rd quarter is at 139, only eclipsed by it's 2nd quarter performance at 144. Historically, any market with a P/E ration over 20 has soon come crashing down. The price to earnings ratio can only be adjusted down in three ways; earnings improve, stock prices fall, or some combination thereof. FACT: the P/E ration is a time-tested primary indicator for investing in a stock and we are in the most price-inflated market, but not overbought curiously enough, in the history of the markets. Stocks are NOT cheap and anyone that argues this point is an imbecile. Meanwhile, the dollar keeps crashing down to new lows. Combine this with all the money the Government is printing, and sooner or later (more likely sooner) logic will actually prevail in the market and the manipulation of the markets will come to an end.
  10. Not all traders are making money. Stock market is a zero sum game. When you sell high, someone else buys high. Aggregate result is 0. Only the few traders will make money at others expense. You think you can beat Goldman? Read on then:


""Bad news on losses all of you that bought stocks cheap sell quick before all the rich people that bought tons of stock decide to unload and make mega bucks // dow at 10,000 that's what they were waiting for the bears are going to stampede really soon""

SATAN SAY: "Buy some Canuck Bucks NOW, and make a bundle ! " are
all dum dums, the stocks are only going up in relative value, as the dollar plummets, relative to the basket of currency. Ahhh yes the basket of currency, made in China.

Tuesday, October 13, 2009

September 29th 2009, New Russian AA system up and ready for Iran

In addition, Iran has already built some war heads for their missles, and that they will be ready to test out their first A bomb with the help of Russia, by the end of next year. This year of course they have a Russian AA system up and ready for the 29th. If Israel now tries something, it will be a total disaster, ...even with stealth planes? Very simply the 29th of September 2009, was the very last day Israel could have done something about Iran's Nuke program, short of using the bomb themselves now.

SATAN SAYS;"ON the Square and Level Brother"

Sunday, October 11, 2009

Arguing with Idiots by President BO or the Emperor has NO Clothes

LOU LOU does it AGAIN!

US to split into 6 pieces in 2010


Wednesday, September 9, 2009

The Recession is OVER !!!

WASHINGTON (AP) -- Economic activity is stabilizing or improving in the vast majority of the country, according to a new government survey, adding to evidence that the worst recession since the 1930s is over. The Federal Reserve's snapshot of economic conditions backs predictions by Fed Chairman Ben Bernanke and most other analysts that the economy has started to grow again in the current quarter.
In the survey released Wednesday, all but one of the Fed's 12 regions indicated that economic activity was "stable," showed "signs of stabilization" or had "firmed." The one exception was the St. Louis region, which continued to report that the pace of decline in economic activity appeared to be "moderating."
Looking ahead, businesses in most Fed regions said they were "cautiously positive" about the economic outlook.
The assessments of businesses on the front lines of the economy was brighter than those they provided for the Fed report in late July. At that time, most regions said the recession was easing its grip and some of them reported signs that activity was leveling off.

Satan Says; 9-9-9 The BIG lie[s] have begun. Right on schedule. They now will own the collapse of 9-29-2009 and the nasty of 9-18-2009 as well!

Tuesday, September 1, 2009

US to collapse in July 2010, 999

US to collapse in July 2010Aug 31, 2009MOSCOW - YOU think of the United States as the world's leading superpower? Well think again, says Igor Panarin, a professor at the Russian foreign ministry's diplomatic academy.For Prof Panarin, who has built an academic reputation in Russia for apocalyptic predictions of the imminent US demise, Moscow's ex-Cold War rival is on the brink of economic, political and social cataclysm.'The probability that the United States will cease to exist in July 2010 is greater than 50 per cent,' he declared at a news conference on Monday. 'The results of the current financial year will shock investors.'Prof Panarin did not share the hopes of US president Barack Obama's supporters that he would lead the world into a new era of change.'Obama has the mentality of a social worker: He talks well but he has never managed anything. He will lead the United States towards a crash,' said the academic.For Prof Panarin, the United States was on the verge of none other than a 'psychological catastrophe'. And the reasons? It all started with Hurricane Katrina. The United States is overwhelmed by single parent families. Its prisons are full. Young people are violent. And oh yes, it has too many homosexuals.He compared the current situation of the United States under Obama to that of the Soviet Union under its last leader Mikhail Gorbachev.'The US debt has multiplied seven times in 11 years. Under Gorbachev the Soviet debt increased by a factor of five.'Vladimir Mamontov, the editor-in-chief of the pro-Kremlin newspaper Izvestia where the news conference was held, moved to distance himself from the remarks. He publishes Prof Panarin's opinions since 'irreverent versions of events help readers to surf through all the more montonous information.'Feodor Lukyanov, editor of the journal Russia in global politics and one of the country's top foreign policy experts, said such forecasts were of no value for specialists.'People with an artistic spirit have a rich imagination,' he commented.While Prof Panarin's views are highly marginal, there are plenty of more mainstream pro-Kremlin analysts in Moscow happy to point out the weaknesses of the United States and the strengths of Russia as a great post-Soviet power. -- AFP OBAMA IS ANOTHER GORBACHEV AND WILL LEAD TO COLLAPSE AND BREAKUP OF USA professor says US will disintegrate in 2010

Satan Says; "Eight 8 more days!"

Thursday, August 27, 2009

Huddle Huddle here come the Goldy Fuddle...Oh my it's getting real close to September 9th 2009

...isn't it?

The best of the best top TEN;

1- "The Obama administration recently announced the U.S. budget deficit will be $9 trillion during the next decade; $2 trillion higher than the original forecast." Folks, please remember that this is the Obama Administration's forecast. Government projections are always going to be understated (for political reasons) well below what the actual deficits will turn out to be. Our unfunded future Federal liabilities now stand somewhere between 60-100 TRILLION dollars. Welcome to Argentina, my friends.

2- Obama appears to me to be determined to push through his plans to satisfy his own ego..he cares nothing about the average citizen, young or old..I am glad I am 82 years old, my fear is for m;y grandchildren and their children saddled with his does not grow on trees and his printing press could break down.

3- And there goes the American dream. Too bad we don't know how to make anything, our AG products are only good enough for heavily processed "food" put in bags or boxes, we depleted our oil reserves for the sake of bloated cars and pickem-up trucks and our government is run by lobbyists. If only we could sell our expertise is buying junk on credit, throwing it away and replacing it with more junk. What is really sad is a relatively small group has made a mess for our children. You know the one's, they either got bailed out or will walk away owing nothing due to the wonders of our legal system.

4- yep, and the sooner they stop trying to patch the broken parts of the old economy, and finally start thinking about getting back to basics, and building the new, the sooner we willl be out of trouble. All this borrowing probably added years to the depression we are in or heading into.

5- We are at the edge of the cliff. You can not borrow your way to prosperity. Government should have had a plan to save America AFTER the depression. The depression cannot be avoided in the current monetary system. If FED inflates credit supply for 50 years without underlying fundamentals, it is bound to deflate, Great Depression style. The debt burden on the tax payer is so high, nobody can spend anything anymore!

6- Obama does have a clue. He's doing exactly what he said he would do and precisely what his socialist mentors have inculcated.

7- Unfortunately Mr. Davidowitz is right on track. The rise in the stock market is due to excess liquidity in both the Chinese and American investment banks (day trading). Individuals are not driving this market.

8-Oh the doom sayers will love this one. TT is all about you today. You asswipes keep listening to this negative spin while I take your money in the market. LOSERS ---------------------------------------------------------------------------------------------------------------- So why do you care what the “losers” do? You’re better than them and wealthier, too, right? So why don’t you just enjoy your superiority and success? It’s because the party you’re at is dead, isn’t it, and you’re trying try bring more people in to liven it up, right? You don’t fool anyone, LOSER.

9- And the politicians say " I love spending someone elses money, I get millions in kick backs through my lobyist friends/family or just award contracts to companies I or my spouse owns. The media regurgitates whatever I tell them so if you or your company want my endorsement you gotta pay me. Who's going to stop me; voters, tea parties. Give me a break, I own the media, academia and acorn, so what if it's not in the media I never hear it, academia keeps cranking out clueless liberals and thanks to acorn I don't need your votes anymore either. And the best part is, unlike in the private sector, results don't matter. Life is Good".

10- Obama have no clue on the economy, his self deity ego and his followers are completely and utterly destroying the american culture and if he is not stop soon America will for ever be a third world country. this guy is the worse of presidents to ever step in the white house, we all knew he was not qualified for the job and you voted him in, now is time to pay the price for it. God save us all!



Obama's Spending Spree, Budget Numbers "Have All Gone Mad," Analyst SaysPosted Aug 27, 2009 09:00am EDT by Heesun Wee in Investing, Products and Trends, Recession, Autos, Housing
Related: ^dji, ^gspc, wmt, tgt, rost
When retail expert and all-around economy watcher Howard Davidowitz appeared on Tech Ticker in February declaring the worst was yet to come for the U.S. economy and that Americans' standard of living has changed permanently, our comment boards lit up.
But surely with the latest rally off the March lows, bearish Davidowitz is more bullish, right? Not a chance. Look at your financial history books.
Two of the biggest rallies of more than 40 percent occurred during the Great Depression, says Davidowitz of Davidowitz & Associates,a retail consulting and investment banking firm. "People were sucked in and ultimately were destroyed," he says. It's a warning to today's investors, who are hoping to extend the rally.
Don't get Davidowitz started on the economy or fundamentals. "Barack Obama's numbers have all gone mad," Davidowitz says. The Obama administration recently announced the U.S. budget deficit will be $9 trillion during the next decade; $2 trillion higher than the original forecast.
And, the proposed price tag for health-care reform? "Minimum $3 trillion," Davidowitz says. "One trillion? Are you kidding?"
Stimulus binges? Roller coaster equity performance over years? Stubborn consumers holding out for sales as deflationary pressures loom over the recovery? Sounds like the U.S. economy is turning Japanese, Davidowitz says.

AND MORE ABOUT GOLDY, see September 9th 2009, 18th and 29th 2009.

Goldman Subpoenaed on Huddles

Massachusetts Official Worries Tips Leave Some Clients at a Disadvantage
William Galvin, Massachusetts's chief financial regulator, has subpoenaed Wall Street firm Goldman Sachs Group Inc., demanding information on the firm's weekly trading huddles between its research analysts and traders.
Mr. Galvin, the Massachusetts secretary of the commonwealth, said he is concerned that the huddles, in which Goldman's research staff give verbal short-term stock tips to the firm's traders and then its clients, disadvantage some Goldman customers.
More from • Is the Bear Coming Back?Whose Rally Is It?Markets Reverse Course on Home Sales
"We have concerns about the research analysts and the efforts under way to use them to secure additional business," Mr. Galvin said on Wednesday.
The huddles, which were the subject of a page-one article on Monday in The Wall Street Journal, also are being examined by both the Financial Industry Regulatory Authority -- the industry self-regulatory body known as Finra -- and the Securities and Exchange Commission, according to people familiar with the matter.
Internal documents reviewed by the Journal show that at times, these short-term trading tips differed from Goldman's long-term research. Critics complain that Goldman's distribution of the trading ideas to its traders and major clients hurts other Goldman customers who aren't given the opportunity to trade on the information and may be relying on the firm's longer-term research to make investment decisions.
The huddles, and what is discussed during or after them, currently aren't disclosed in Goldman's long-term research. On Monday, the firm internally discussed adding information about the service on its client Web site.
Some firms also give stock ideas to clients but disclose the service in their longer-term research and on their Web sites.
Mr. Galvin's subpoena, also reviewed by the Journal, asks for a host of internal Goldman documents related to the huddles.
A Goldman spokesman declined to comment. In the Monday Journal article, a Goldman spokesman said ideas that arise from the huddles are simply "market color" and "always consistent with the fundamental analysis" in published research reports.
In 2003, Mr. Galvin was one of several regulators involved in negotiating a $1.4 billion settlement with 10 big Wall Street firms, including Goldman. The firms were accused of issuing overly optimistic research in a bid to win more lucrative investment-banking business.
Mr. Galvin on Wednesday said he is concerned that now the trading arms on Wall Street are putting undue influence on research analysts to win business. "Even the term 'huddles' sounds suspicious," he said. He said his investigation may expand to look at practices at other firms.
Write to Susanne Craig at

Satan SAYS: "Combinations of low trading volume and rising interest in a small group of stocks by short-term investors, most of them using high-frequency trading strategies , creating a market where what you see is not what you get. Currently, the market value of stocks has little to do with the performance you are currently watching...THE COMPUTER PROGRAM IS QUICKER THAN THE EYE "

Tuesday, August 25, 2009

All is Golden... do you really expect...

...regulators to be hard on them?

Firm Will Consider Disclosing to All Clients Information It Shared Only With Top Customers
Securities regulators are examining weekly meetings at Goldman Sachs Group Inc. in which research analysts give tips to traders and then to big clients, as the Wall Street giant considers disclosing these so-called trading huddles to all its clients.

The Wall Street Journal reported Monday that analysts at Goldman sometimes shared with traders and key clients short-term trading tips that sometimes differed from the firm's long-term research.
Examiners at the Financial Industry Regulatory Authority, the industry self-regulatory body known as Finra, and the Securities and Exchange Commission intend to ask Goldman for more information on these weekly get-togethers, people familiar with the matter said.
Internal documents show that at times, these short-term trading tips differed from Goldman's long-term research. Critics complain that Goldman's distribution of the trading ideas to Goldman traders and major clients hurts other Goldman customers who aren't given the opportunity to trade on the information, and may be relying on the firm's longer-term research to make investment decisions.
The huddles, and what is discussed during or after them, currently aren't disclosed in Goldman's long-term research. On Monday the firm internally discussed adding information about the service on its client Web site. Some firms, such as Morgan Stanley, also give stock ideas to clients, but disclose the service in their longer-term research and on its Web site.
The huddles highlight the new demands on research analysts as trading desks have become central drivers of profit in recent years. In a 2003 case, U.S. regulators accused firms of issuing overly optimistic research in order to win lucrative investment banking business. In a settlement of that case, Wall Street agreed to strict limitations on the dealings between bankers and stock analysts.
"I think it is unrealistic to expect firms to treat all clients equally," said Robert Glauber, former head of the National Association of Securities Dealers, the precursor agency to Finra, and a lecturer at Harvard's John F. Kennedy School of Government. "The speed, depth and detail of the advice given may be different, but there has to be limits. And the basic stock recommendation must be the same and any differences should be disclosed."

Goldman hasn't been accused of violating any securities laws in its distribution of the trading tips.

Satan says; " NO of course not... not yet!?"

Monday, August 24, 2009

Toxic toxic

Wall Street may have discovered a way out from under the bad debt and risky mortgages that have clogged the financial markets. The would-be solution probably sounds familiar: It's a lot like what got banks in trouble in the first place.
In recent months investment banks have been repackaging old mortgage securities and offering to sell them as new products, a plan that's nearly identical to the complicated investment packages at the heart of the market's collapse.
"There is a little bit of deja vu in this," said Arizona State University economics professor Herbert Kaufman.
But Kaufman said the strategy could help solve one of the lingering problems of the financial meltdown: What to do about hundreds of billions of dollars in mortgages that are still choking the system and making bankers reluctant to make new loans.
These are holdovers from the housing bubble, when home prices soared, banks bought risky mortgages, bundled them with solid mortgages and sold them all as top-rated bonds. With investors eager to buy these bonds, lenders came up with increasingly risky mortgages, sometimes for people who could not afford them. It didn't matter because, in the end, the bonds would all get AAA ratings.
When the housing market tanked, figuring out how much those bonds were worth became nearly impossible. The banks and insurance companies that owned them knew there were still some good mortgages, so they didn't want to sell everything at fire-sale prices. But buyers knew there were many worthless loans, too, so they didn't want to pay full price for the remnants of a real estate bubble.
In recent months, banks have tiptoed toward a possible solution, one in which the really good bonds get bundled with some not-quite-so-good bonds. Banks sweeten the deal for investors and, voila, the newly repackaged bonds receive AAA ratings, a stamp of approval that means they're the safest investment you can buy.
"You've now taken what was an A-rated security and made it eligible for AAA treatment," said Richard Reilly, a partner with White & Case in New York.
As for the bottom-of-the-barrel bonds that are left over, those are getting sold off for pennies on the dollar to investors and hedge funds willing to take big risk for the chance of a big reward.
Kaufman said he's optimistic about the recent string of deals because, unlike during the real estate boom, investors in these new bonds know what they're buying.
"We're back to financial engineering, absolutely," he said. "But I think it's being done at least differently than it was before the meltdown."
The sweetener at the heart of the deal is a guarantee: Investors who buy into the really risky pool agree to also take some of the risk away from those who buy into the safer pool. The safe investors get paid first. The risk-taking investors lose money first.
That's how the safe stack of bonds gets it AAA rating, which is crucial to the deal. That rating lets banks sell to pension funds, insurance companies and other investors that are required to hold only top-rated investments.
"There's no voodoo going on here. It's just math," said Sue Allon, chief executive of Allonhill, which helps investors analyze such hard-to-price investments.
Financial gurus call it a "resecuritization of real estate mortgage investment conduits." On Wall Street, it goes by the acronym Re-Remic (it rhymes with epidemic).
"It actually makes a lot of fundamental sense," said Brian Bowes, the head of mortgage trading at Hexagon Securities in New York. "It's taking a bond that doesn't necessarily have a natural buyer and creating two bonds that might have a natural buyer for each."
The risk is, if the housing market slips even more, even the AAA-rated investments may not prove safe. The deal also relies on the rating agencies, which misread the risk at the heart of the subprime mortgage crisis, to get it right.
And then there's the uncertainty about the value of the underlying investments, which FBR Capital Markets analyst Gabe Poggi called "totally combustible." Poggi likes the deals because they appear to have breathed some life into the market, but he said it only works if everyone knows exactly what they're buying.
The Obama administration is also working on a plan to get banks buying and selling risky bonds. But the public-private partnership announced this spring is still in the works and has yet to help investors figure out what those bonds are worth. By creating Re-Remics, banks can help start the process themselves.
The concept has been around for years, but it has become increasingly popular lately as a way for banks to sell off bonds backed by commercial properties such as malls and office buildings. Analysts say they've seen a few dozen deals aimed at repackaging debt held over from the mortgage boom. Investment banks have also dabbled in turning collateralized debt obligations, or CDOs, into Re-Remics.
That's where Allon gets nervous.
"I think that's trouble," she said.
CDOs are already complicated. Repackaging them makes it harder to figure out what the investment is worth. The more obscure the concept, she said, the more likely the deal has gotten too creative.
Wall Street has a tendency to push the boundaries of good ideas, Bowes said. But he said banks are still smarting from the market implosion and are unlikely to rush into new, risky ventures.
"A lot of the market innovations, they all started out with this fundamentally good concept and they often tend to deteriorate over time, or just evolve into more and more risky versions of the same concept," Bowes said. "This time around, the likelihood is, it will take a lot longer for that to happen."

Satansays; "...kinda like refried beans I guess, with a good shot of HELL's Kitchen HOT sauce!"

Bank this from the NY Times

Full story here;

New York Times

Financial stocks have more than doubled from their March 2009 lows. And with autumn — generally a rocky season for the markets — fast approaching, it's a good time for a reality check on the banking sector. The goal: to determine whether fundamentals in the industry support the rocket-fueled surge in bank shares.
To be sure, the stock market and smart money often try to anticipate recoveries long before they are evident in the numbers. But a "relief rally" — that is, the exuberance that accompanied the fact that our economy appears to have avoided another Great Depression — won't have the same staying power as a move based on solidly improving operations. So understanding what's going on in banks' financial statements is worthwhile.

More from • Rise of the Super-Rich Hits a Sobering Wall Arrest Over Software Illuminates Wall St. Secret Your Money: Maybe It's Time to Change Credit Cards

With that in mind, Christopher Whalen, managing director at Institutional Risk Analytics, a research firm, has analyzed financial data from the second quarter of this year that almost 7,000 banks submitted to the Federal Deposit Insurance Corporation. The data includes 90 percent of institutions with federally insured deposits but excludes reports from the 19 money-center banks like Citigroup, Bank of America and Wells Fargo. Those reports are filed later to the F.D.I.C.
Even with the big guys missing from the analysis, it is an illuminating look at the health of regional and community banks and a fairly comprehensive assessment of the industry's well-being.
Unfortunately, that assessment shows that the number of financially sound banks is declining and that the ranks of troubled institutions are growing. Indeed, Mr. Whalen said his figures show more stress in the banking industry in the second quarter of 2009 than in the immediately previous periods.

For example, Institutional Risk Analytics gave 4,234 banks a rating of A+ or A (as a measure of their financial soundness) as of June 30. That total was down 21 percent from the end of March and 25 percent from the end of 2008. Meanwhile, it slapped a failing grade on 1,882 banks as of June 30, up 16.5 percent from the end of March; the number with failing grades had dropped a bit in the first quarter.
This downward migration is a sign that more banks are now feeling the effects of economic conditions regardless of their business models, Mr. Whalen said. In other words, even the best-run banks are having trouble escaping the impact of a sluggish economy and high unemployment.
Based on his preliminary review of individual bank reports, Mr. Whalen said the greater stress across the industry results from the large number of banks getting dinged by losses or charge-offs. The figures, Mr. Whalen said, call into question assumptions made by the government earlier this year, when it put major banks through "stress tests."
In short, the tests may not have been tough enough.
"The stress tests said that through the two-year cycle, big banks had to have enough capital plus earnings to withstand a 9 percent loss rate," Mr. Whalen said. "But what we're seeing with the levels of stress in the industry is that we are there now and we are not at peak of cycle yet."
The government's stress tests also assumed that the third quarter would show a bit of an improvement, and Mr. Whalen does not necessarily disagree. But any reduction in losses in that quarter may also be short-lived. "The third quarter may be a little rah-rah in terms of loss rates," Mr. Whalen said, "but if the economy isn't dramatically improving, then the fourth quarter of this year and the first quarter of 2010 will be another leg down."
The good news is that some banks have raised capital during these past few months of investor optimism. But a host of operational problems remains at many institutions. In addition to loan losses and rock-bottom recovery rates on assets they're trying to unload, for example, banks also face rising expenses (because they're paying to carry properties that generate scant — or zero — revenue). All of this cuts significantly into earnings, which banks desperately need to bolster their battered financial positions.
With banks short on revenue, they cannot apportion enough for reserves against future loan losses. "In bad periods," Mr. Whalen said, "banks typically set aside twice as much as they charge off, but now a lot of them are at one-to-one."
Later this year, Mr. Whalen said, banks that stayed on the straight and narrow and dealt swiftly with their problems will start to emerge from the morass.
"But we will still have a very large percentage of the population experiencing problems going into the end of the year," he said.
Surely, investors in financial companies have earned a respite from their long slog of losses, and the recent rally has been a tonic for damaged stock portfolios. But it's simply not clear that the banking industry is out of the woods. It took many years to inflate the enormous debt bubble that popped in 2007. The deleveraging process, which is nobody's idea of fun, will take a long time, too.

Satan says; "Got your hole dug yet to put all your moola in?, or better still follow the advice of all the gold pimps on TV and Radio, and get your investment all shiney!"

Friday, August 21, 2009

IPO's still LOW ... yoe yoe yoe

Watch the IPO's NOT the Stock market

As they continue to slide, and they will, EMployment will slide and the great sucking sound shall continue...

Satan says oooohhhhhh mmmyyyyyy WHAT recovery?

Monday, August 17, 2009

Top trend statements for economy

Satan says listen to this;

1- You ain't seen nothing yet. It's not just a matter of running for the exits, its a matter of preparing for survival. Finance and economics has split. Economics will win in the end, if you play the game of finance instead, you are toast. For heavens sake America, produce something!

2-The only suckers are those that listen to Henry Blodget (see link):

3-When you present PE ratios you must always state clearly what earnings are being used: trailing, current, or projected ... and from what time span they are actually taken ... and most especially in times like these.

4- Know your gurus. This second collapse has been predicted by those such as Felix Zaulauf and Robert Prechter.

5-You need to wait for the earnings reports to reflect actual productivity results, not cut-to-the-bone-and-reduce-headcount results. 1Q2010 would be a good time to evaluate the true picture, not the manufactured one we see here. We will be able to see how the one-time govt deals in first time mortgages and clunkers have played out and measure the effect the stimulus package has had on the economy. Now is just analyst hype, pundit Informercials and political posturing.

6-Until the Fed allows interest rates to normalize, consumer sentiment will continue to sag. Spenders using low to no interest for their purchasing power represent the current consumer. That's pretty much how we got into this mess in the first place, and certainly is not the way to get out! When the consumer with actual disposable income starts to buy, then we start to recover. That won't happen until interest on consumer savings rises to free market levels. Consumer interest on savings is a big part of discretionary disposable income.

SATAN SAYS..."The Great Sucking Sound Continues !!!!!!!!!!!!!!!!!!!!!"

Sunday, August 16, 2009

How Democrats treat Doctors...

First the real ones;

"...fu_k you Jack, says the House Demon

and now, the fake ones;

Hug hug kiss kiss

Thursday, August 13, 2009

The Real UI picture


11/08/2008 539,787 with total of 3,521,971, just after Election !


current 8/01/09 of ~560,000 new claims and running total of ~5,600,000 NOT including expired benefits of ~ 1,500,000 for grand unofficial total of 7,100,000 unemployed out of a
total INSURED force of 153,000,000

an increase of ~30% in INSURED labour force ! in less than 10 months


Among the marginally attached, there were 796,000 discouraged workers in July, up by 335,000 over the past 12 months. (The data are not seasonally adjusted.) Discouraged workers are persons not currentlylooking for work because they believe no jobs are available for them.

Satan Says increase of ~50% !!in less than 10 months!

About 2.3 million persons were marginally attached to the labor force in July, 709,000 more than a year earlier. (The data are not seasonally adjusted.)
Satan Says increase of ~30% !!in less than 10 months!
These individuals, who were not in the labor force, wanted and were available for work and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Satan Says the great sucking sound continues!!
9-9-9, 9-18-09, 9-29-2009!

Wednesday, August 12, 2009

Monday, August 10, 2009

Krugman: U.S. government averted depression- NYT

Krugman is a Clown! A total Clown!

""The U.S. government saved the country from a "full replay" of the Great Depression, Nobel Prize-winning economist Paul Krugman wrote in an opinion column in the New York Times on Monday.
"Probably the most important aspect of the government's role in this crisis isn't what it has done, but what it hasn't done: unlike the private sector, the federal government hasn't slashed spending as its income has fallen," Krugman wrote.""

The Recession is over and THEY averted a Depression?

I wonder what this Doctor of Voodo Economics will have to say within about 100 more days?

Saturday, August 8, 2009

Which is Fake or Real?

Satan SAYS, have the authorities examine each and whom ever submitted the fake gets a big fine and maybe a jail sentence as well.

other birther links;

Satan's Lucky Lottery Numbers 999

Sorry Lovers but God had nothing to do with this! the big numbers are 9 9 9 through to 9-29-2009

Satan Says, the numbers in the clip below were generated with extreme prejudice by flesh and blood Chicago mortals...or you can believe the incredible odds, take your pick. As a side note there has been other lottery scandles around the world, in fact a f_ck of a lot enter lottery and scandal in google and over 4 million hits

and over 4 million more, so just how/where did those numbers come from...Satan you?

Tuesday, August 4, 2009

Stock market to Fall this Fall?

FIVE reasons the Market could CRASH !

From the above article;

"With all this blather about “green shoots” and economic “recovery” and new “bull market,” I thought I’d inject a little reality into the collective financial dialogue. The following are ALL true, all valid, and all horrifying…


1) High Frequency Trading Programs account for 70% of market volume

High Frequency Trading Programs (HFTP) collect a ¼ of a penny rebate for every transaction they make. They’re not interested in making a gains from a trade, just collecting the rebate.

Let’s say an institutional investor has put in an order to buy 15,000 shares of XYZ company between $10.00 and $10.07. The institution’s buy program is designed to make this order without pushing up the stock price, so it buys the shares in chunks of 100 or so (often it also advertises to the index how many shares are left in the order).

First it buys 100 shares at $10.00. That order clears, so the program buys another 200 shares at $10.01. That clears, so the program buys another 500 shares at $10.03. At this point an HFTP will have recognized that an institutional investor is putting in a large staggered order.

The HFTP then begins front-running the institutional investor. So the HFTP puts in an order for 100 shares at $10.04. The broker who was selling shares to the institutional investor would obviously rather sell at a higher price (even if it’s just a penny). So the broker sells his shares to the HFTP at $10.04. The HFTP then turns around and sells its shares to the institutional investor for $10.04 (which was the institution’s next price anyway).

In this way, the trading program makes ½ a penny (one ¼ for buying from the broker and another ¼ for selling to the institution) AND makes the institutional trader pay a penny more on the shares.

And this kind of nonsense now comprises 70% OF ALL MARKET TRANSACTIONS. Put another way, the market is now no longer moving based on REAL orders, it’s moving based on a bunch of HFTPs gaming each other and REAL orders to earn fractions of a penny.

Currently, roughly five billion shares trade per day. Take away HFTP’s transactions (70%) and you’ve got daily volume of 1.5 billion. That’s roughly the same amount of transactions that occur during Christmas (see the HUGE drop in late December), a time when almost every institution and investor is on vacation.

HFTPs were introduced under the auspices of providing liquidity. But the liquidity they provide isn’t REAL. It’s largely microsecond trades between computer programs, not REAL buy/sell orders from someone who has any interest in owning stocks.

In fact, HFTPs are not REQUIRED to trade. They’re entirely “for profit” enterprises. And the profits are obscene: $21 billion spread out amongst the 100 or so firms who engage in this (Goldman Sachs (GS) is the undisputed king controlling an estimated 21% of all High Frequency Trading).

{SatanSays "Hey Kids, remember that Goldy Computer program?"}

So IF the market collapses (as it well could when the summer ends and institutional participation returns to the market in full force). HFTPs can simply stop trading, evaporating 70% of the market’s trading volume overnight. Indeed, one could very easily consider HFTPs to be the ULTIMATE market prop as you will soon see.


2) Even counting HFTP volume, market volume has contracted the most since 1989

Indeed, volume hasn’t contracted like this since the summer of 1989. For those of you who aren’t history buffs, the S&P 500’s performance in 1989 offers some clues as what to expect this coming fall. In 1989, the S&P 500 staged a huge rally in March, followed by an even stronger rally in July. Throughout this time, volume dried up to a small trickle.

What followed wasn’t pretty.


"Anytime stocks explode higher on next to no volume and crap fundamentals you run the risk of a real collapse. I am officially going on record now and stating that IF the S&P 500 hits 1,000, we will see a full-blown Crash like last year.

3) This Latest Market Rally is a Short-Squeeze and Nothing More

To date, the stock market is up 48% since its March lows. This is truly incredible when you consider the underlying economic picture: normally when the market rallies 40%+ from a bear market low, the economy is already nine months into recovery mode. Indeed, assuming the market is trading based on earnings, the S&P 500 is currently discounting earnings growth of 40-50% for 2010. The odds of that happening are about one in one million.

A closer examination of this rally reveals the degree to which “junk” has triumphed over value. Since July 10th:

The 50 smallest stocks have outperformed the largest 50 stocks by 7.5%.
The 50 most shorted stocks have beaten the 50 least shorted stocks by 8.8%.
Why is this?

Because this rally has largely been a short squeeze.

Consider that the short interest has plunged 72% in the last two months. Those industries that should be falling the most right now due to the world’s economic contraction (energy, materials, etc.) have seen the largest drop in short interest: Energy -90%, Materials -94%, Financials -86%.

In simple terms, this rally was the MOTHER of all short squeezes. The fact that it occurred on next to no volume and crummy fundamentals sets the stage for a VERY ugly correction.

4) 13 Million Americans Exhaust Unemployment by 12/09

A lot of the bull-tards in the media have been going wild that unemployment claims are falling. It strikes me as surprising that this would be true given the fact that virtually every company that posted the alleged “awesome” earnings in 2Q09 did so by laying off thousands of employees:

Yahoo! (YHOO) will cut 675 jobs.
Verizon (VZ) just laid off 9,000 employees.
Motorola (MOT) plans to lay off 7,000 folks this year.
Shell (RDS.A) has laid off 150 management positions (20% of management).
Microsoft (MSFT) plans to lay off 5,000 people this year.
So unemployment claims are falling, that means people are finding jobs right? Wrong. It means that people are exhausting their unemployment benefits. When you consider that there are 30 million people on food stamps in the US (out of the 200 million that are of working age: 15-64) it’s clear REAL unemployment must be closer to 16%.

And they’re slowly running out of their government lifelines.

The three million people who lost their jobs in the second half of 2008 will exhaust their benefits by October 2009. When you add in dependents, this means that around 10 million folks will have no income and virtually no savings come Halloween.

Throw in the other four million who lost their jobs in the first half of 2009 and you’ve got 13 million people (counting families) who will be essentially destitute by year-end.

How does this affect the stock market?

The US consumer is 70% of our GDP. People without jobs don’t spend money. People who are having to work part-time instead of full-time (another nine million) spend less money than full time employees. And people who are forced to work shorter work weeks (current average is 33, an ALL TIME LOW), have less money to spend.

Wall Street makes a big deal about earnings (earnings estimates, earnings forecast, etc), but when it comes to economic growth, sales are the more critical metric. Companies can increase profits by reducing costs temporarily, but unless actual top lines increase, there is NO growth to be seen. No revenue growth means no hiring, which means no uptick in employment, which means greater housing and credit card defaults, greater Federal welfare (unemployment, food stamps, etc), etc.

So how will corporate profits perform as more and more consumers become part-time, unemployed, or destitute? Well, so far profits have been awful. And that’s BEFORE we start seeing millions of Americans losing their unemployment benefits.

"With the S&P rallying on these already crap results… what do you think will happen when reality sets in during 3Q09?

5) The $1 QUADRILLION Derivatives Time Bomb

Few commentators care to mention that the total notional value of derivatives in the financial system is over $1.0 QUADRILLION (that’s 1,000 TRILLIONS).

US Commercial banks alone own an unbelievable $202 trillion in derivatives. The top five of them hold 96% of this.

By the way, the chart is in TRILLIONS of dollars:

"As you can see, Goldman Sachs alone has $39 trillion in derivatives outstanding. That’s an amount equal to more than three times total US GDP. Amazing, but nothing compared to JP Morgan (JPM), which has a whopping $80 TRILLION in derivatives on its balance sheet.

Bear in mind, these are “notional” values of derivatives, not the amount of money “at risk” here. However, if even 1% of the $1 Quadrillion is actually at risk, you’re talking about $10 trillion in “at risk.”

What are the odds that Wall Street, when allowed to trade without any regulation, oversight, or audits, put a lot of money at risk? I mean… Wall Street’s track record regarding financial instruments that were ACTUALLY analyzed and rated by credit ratings agencies has so far been stellar.

After all, mortgage backed securities, credit default swaps, collateralized debt obligations… those vehicles all turned out great what with the ratings agencies, banks risk management systems, and various other oversight committees reviewing them.

I’m sure that derivatives which have absolutely NO oversight, no auditing, no regulation, will ALL be fine. There’s NO WAY that the very same financial institutions that used 30-to-1 leverage or more on regulated balance sheet investments would put $50+ trillion “at risk” (only 5% of the $1 quadrillion notional) when they were trading derivatives.

If Wall Street did put $50 trillion at risk… and 10% of that money goes bad (quite a low estimate given defaults on regulated securities) that means $5 trillion in losses: an amount equal to HALF of the total US stock market.

This of course assumes that Wall Street only put 5% of its notional value of derivatives at risk… and only 10% of the derivatives “at risk” go bad.

Do you think those assumptions are a bit… low?
FIVE reasons the Market could CRASH !

Friday, July 31, 2009

Witches and Wizards burned near Obama's home Village in Kenya

Supected Kenyan Witches Horrifically Burned Alive
***Warning Disturbing*** NOTE; that the two towns . are in the same Province as President Obama's home Village in Kenya.

Get Direct Link to Video at NothingToxic

The Story; ...the gang hunted down the eight women and three men in the western Kenya villages of Kekoro and Matembe. This happened during the height of the US primary season in 2008. Other world media showed this and other video on this horrific event, but not the US media. They quickly mentioned it in passing, mainly on their blogs. Same thing happened in Africa, when European Farmers were kicked out of one country. Looting raping burning, then the Dummies starved to death!

Farmers at War

Huffy Puffy post could NOT even get the number correct!

Obama's Kenya connection revealed ?

Before that an Author trying to get at the Roots of President Obama in Kenya;,8599,1847965,00.html

Jerome Corsi has jousted lucratively with Barack Obama, tackling the presidential candidate's reputation with a best-selling if factually challenged book that accuses the Senator of, among other things, ties to militant Islam. But Corsi may have gone a little too far into enemy territory when he flew into Kenya, the birthplace of Obama's father. Kenyan immigration officials deported Corsi, they said, over problems with his visa. They made their move before Corsi was scheduled to give a press conference at which he promised to expose secret ties between Obama and Kenyan leaders, as well as a mysterious plot that would be launched should the Democratic nominee win the U.S. election.....

Corsi also claims that Obama was in close contact with Odinga, advising the Kenyan politician on strategy after the results were announced. Lone claims he was there the one time Obama called Odinga, and says it wasn't to talk campaign strategy but rather to demand that the violence end and that Odinga and Kibaki come to a peaceful solution to the crisis.
The Obama campaign had no comment on Corsi's deportation. It has denounced his book in a 41-page rebuttal. If anything, Corsi seems to have seriously underestimated the broad Kenyan support for Obama, whose father was a Kenyan and who has several half-siblings here. While there is animosity between Luos and Kikuyus — and the tribes were responsible for much of the postelection violence — Obama is immensely popular across ethnic lines in Kenya. Ever since Odinga became Prime Minister in a power-sharing agreement with Kibaki, his own approval ratings have soared.
In a news story on Tuesday announcing Corsi's press conference, the Standard newspaper said the American author's media invitation "makes no secret of the intention to hurl dirt at Obama and undermine his campaign from his ancestral home." Among the scrum of reporters waiting for Corsi outside Kenya's immigration office on Tuesday, one local Kenyan television correspondent was wearing an "Obama '08" T shirt.

"The inclusion of the 'philanthropic' [tour] in Corsi's programme is seen in bad taste and an extension of the campaign to undermine Obama's bid to become the first black American president," the Standard said. In an interview with TIME last week, Obama's half-sister Auma called Corsi's book "blatant lies." "It's reached a point where people will write what they write and people will assume what they want to assume and interpret things the way they want to interpret them, and you can't chase everybody," Auma Obama said. "Otherwise you stop living your own life."

Obama has steared well clear of Kenya and his relations both in and outside of the US since becoming President.

Thursday, July 30, 2009

Oil Companies & World Economy, Get Ready for a Swift Kick in the ASS

TOP TEN Mortals from the bot cyber world that know what they are talking about;
1- This guy is a fracking genius. Hey, let me make a prediction here for you guys. There's high unemployment that is going higher. Lemme think. That would mean more people out of work. That would mean less money to buy stuff. That would mean less travel to and fro. That would mean anything retail sale oriented would be down. Hey, that would mean oil should go down!!!!!! How do I get on Tech Ticker? Oh, wait, I am!!!!!! I'm a fracking genius like the rest of these guys!!!!! Want more stock tips, go to There's a $15.95 one time fee and a $1.99 usage fee and a $5.99 intellectual property fee every time you read my genius and there is a $5.99 download fee and a $259.99 upload fee and a $7.99 maintenance fee, but it's all good because I will provide you the same advice the pros give you at a fraction of the cost.
2- Industrial production has imploded while the money supply has exploded. Financiers have turned business models upside down across the real economy with their confidence games. Fair warning....Creating money and rigging the financial markets while putting people out of business and workers out of their jobs will only lead to catastrophe.
3- Just wait, once the oil companies are in such bad shape that they lay off tens of thousands, spot fuel shortages will develop and the word BANKRUPTCY will be whispered about 1 or more of the oil companies, the Obama Administration will do the same thing as they did with the car companies. If Cap and Tax, Healthcare "Reform" and other big government "Green" programs succeed in crippling the economy, the odds of that happening would be better than 50-50. The oil industry in the late 90s was not in good shape then, but the rising stock market blunted its effect and kept things from getting really bad in the oil industry.
4- Do your own math.
5- We are going into a financial,.."Armageddon"...Do I Need to Say Anything Else..?????
6- I am so tired of these self-proclaimed oil experts talking about the record "Supplies" of oil on the world markets. What they should report is that Inventories (not supply) are at 25 year highs....Supplies are proven reserves in the ground, and a completely different animal. Inventories are at 25 year highs for a simple reason...oil companies are making a very nice profit by storing oil right now. It has absolutely nothing to do with demand fluctuations. The spread between the front month oil contracts and those of future months (i.e. contango) are relatively high. If you are able to store oil in tanks or on tankers, it is a guaranteed profit by selling the future month contracts and just holding onto the oil. Combine that with the plunge in lease rates for oil tankers since last year, and the profit margin is even higher. Right now, you would be stupid not to fill every tank, tanker, or any other storage device you could get your hands on. That is the simple reason why inventories are high right now. Inventories will start to come down once the spread tightens and tanker rates move higher. I'd would love to see a real expert in oil explain this fact ot these talking head idiots sometime.
7- Lets see .. when oil was skyrocketing in price, these groups were reporting profit levels that shocked everyone. If the crack spread is the difference between crude and refined products, then how can you explain their making HUGE profits when oil jumped to $130+ a barrel? We all know gasoline costs went way up. If the crack spread was the same than as now, they should have made similar profit levels. So where did they earn all that extra profit??? Oh, on their oil / crude operations. They were selling the product to themselves at $130 despite having a cost per barrel to produce from their own damn fields in the $20-$30 range. And they passed that huge profit margin on to the consumer in gasoline costs stating the price of oil is higher. In essence that gouged the consumers for hundreds of billions of dollars. They joined in the bidding frenzy for middle east oil bidding up the cost, as it also boosted the money they could book for their own damn product! They scammed everyone, hiding behind the bid process for OPEC oil, boosting the margin on oil produced in the US to unimaginged levels. This is all just more proof that the oil companies have screwed the consumer, and laws need to be put in place to regulate their pricing.
8- Green energy--THE BIG LIE. The way to wealth is not believing it. The USA and the world will be dependent on OIL for decades to come. BUY oil stocks NOW, or live the poor life.
9- ohhh bull! so their profit margins are just about down to pre bush ddays
10- Obama sucks


Saturday, July 25, 2009

September 29 2009 the Apex of Terror and Deception...starting September 9th 2009 9-9-9, 999

September 29th 2009. The cyber bots are never wrong. They surf the endless Sea filtering the rants, and finding the time surfes. The unofficial actual birth date of Jesus Christ as suppressed by the Golden Goons of Rome, aka Goldman Sachs NYNY, as in bend over lovers, GOLMAN SACKS and SHAGS your ASS!!! mmm mmm mmm. A day of horror, with found old lies. The Apex of deception breaks the levy of Hell wide open. Can you count? CAN YOU COUNT?! 9-9-9 nine nine nine staring September 9th 2009

Tuesday, January 27, 2009

2011- The Sucking Sound Continues

2011- The Sucking Sound Continues

marginal propensity to consume
marginal propensity to save
GOES marginal !

8 Economic Bubbles to Burst;
sub prime 1.5+ trillion
Emerging market debt 5t+
credit card debt 2.5t+
commercial real estate 25t+
foreign exch derivatives 56t+
credit default swaps 58t+

total of 200 t Global GDP = 50t

2011- With developements in CGI, you will not be able to tell a CGI person from the real thing

2011- New ineffective laws to regulate production and sale of new CGI videos.

2011- developement of 3D holographic imagery for the home display demo at show, for sale in 2012

2011 big inflation, >20% in parts of Europe and USA, south America >30, Middle East, >60%

2011- Gov Gold Grab, the Big GGG.
When the Gov takes your gold they'll say of course it's so that you don't get burned, as gold begins to flutuate rapidly up and down like a YO YO

2011- US retreats from middle east

2011 new US inventions barely keep US economy a float, unemployment now varies from 10 to 60%+ across US.

2011- new third US Party takes hold, pushing most of Republican support out in the dump, and even up to 25% of Democratic support. Things like re-establishing the Bill of Rights, freedom of speech and a Flat Tax gain favour by the New Party.

2011- by end of 2012 World Population starts to drop. Civil War in Canada starts.

Wednesday, January 7, 2009

Welcome to HELL Sinners

Well, here they are right off the bat, most of my predictions for, 2009 [the year of Satan] up to and including 2012. As for 2013? WHAT 2013 ?!?!?!? BWA AHAHAHAHAHAHAHAHAHA

Read em and Weep Pilgrims;

2009 year of SATAN
2009- Fun Party BIG Party starts the Political NEW Year, BUT, with confused words
2009- TWO wars in 2009 in Middle East involving mass troop movements. Several major Air and missle strikes.
2009 - grief hits family of major Florida Movie Star, bad year for Celebs over all...
2009- major nuclear reactor failure major scrum in Eastern Europe or middle east 2009-10
2009 and 2010 martial law declared in at least 12+ major US cities
2009- commercial real estate collapses by end 2009
2009- collapse of four major north american airlines
2009-by end of 2009 birth of new internet based Erotic fullfillment system. Will help with the slow but steady economic recovery in 2010. Will take economy 5 years to get out of this depession/recession period 6 MORE Bubbles burst, and anew arises
2009- Oil back above $80/b by Winter 2009, terrorist incident and war driven, demand for oil in US still low
2009 many many more suicides thanks to Bernie madoff 90+ billion scandal
[[lucky lottery numbers for Jan 09 feb etc]]
2009 to 2010 another two 911s+
2009 by Fall 09 colapse, total of american dollar, good news is, US dollar is still tops, worldwide
2009 NASA claims to find Earth like compatible solar system, with a possible Earth like planet
2009 mid way rebelion squashed in Middle east Iran and death of many celebrities in June
2009 Trains trains new Rail and Wind Farms for US, Major MEGA projects rproposed by O.
2009- by Dec 2010, new pandemic in Asia, over 200 million perish
2009-major US earth quake centered in two areas, at the same time, one in California one in NW 2009- major troop movment and clash along southern us mex border
2009 Bin ladin we find has been dead for overtwo years

2009- conservative majority in canada 2009. conservatives get backing of Quebec by considering eventual removal of monarcy.
2009- official employment rate at 25 in much of US by Xmas 09
2009- inflation, edges up over 12 by dec/09
2009- Homicide rate in some major US cities more than doubles.
2009- goes down as one of the coolest years on record. global warming advocates feel some back lash and ridicule from public in general
2009- total collapse of Euro economy by FALL 2009
2009- major historical cosmic occurence involving Sun, and earth's magnetic field. 2009-10
2009- by 2010 or early 2010, parts of US become embroiled in civil militaristic conflict
2009- Barrack O honey moon over by Fall 09
2009- highest level of volcanic and sesmic activity throughout the world in recorded history
2009- TAX revolt in three major US cities.
2009- Depresion declared official by Dec 2009
2009- spot famines in Europe by 2009-10
2009-10 major hurricaine devestates major west coast Florida City or cities, 1000000 plus forced to evacuate. HOWEVER Low level of huricaine activity in around rest of Florida area.
2009- Credit card crash by 2009-10

2009-10 Nuclear device of some sort ignited in Middle East
2009-10 inflation up to nearly 20% in some parts of North America and most of Europe.
2009- new gun laws and gun bans inacted by late 2009 early 2010

end of 2009- Oil back around 100+ per barrel [in 2008 US dollars]
2009- Bernie Madoph, Bernie Bernie, we find out he's been funelling money to a certain Eastern Country.
2009- In Fall 2009 all HELL breaks loose

Speaking of 2010, Satan land continues...

2010- NYNY gets hit by Hurricaine
2010- CNN will have to open up another channel making three to cover the bad news of Satan's BIG previous year
2010- Majority of news papers and TV stations will consolidate and or go belly UP !
2010- US draft started, by FALL 2010
2010- the year mother nature gets real pissed off! South America and Africa worst hit by Mom's backlash

2010- major back lash over proposed imigration amnesty, sparks pocketof conflicts
2010- 21+ US States draft legislation to seceed from Union. 6 vote on it in late 2010
2010- anti semitism reaches 1930's levels
2010- say Hello to the 3rd world BO and USA
2010- right wing back lash throughout North America and Europe. total martial law in several Euro countries
2010- west coast gets hit by typhon
2010- Gold and Silver nationalized/comfiscated
2010- famine strikes entire Afican continent. south african forces mobilized.
2010- 6 major US Sports Teams colapse by Dec2010
2010- pandemic spreads to north america
2010- new restrictive brodcasting and internet laws enacted.
2010- major vietnam like conclict evolves across iraq and afghanistan
2010- cure for aids found, too bad everybody in Africa is starving :(

2010- North vs South all over again, like in the 50's especially
2010- Two nations that like to change names go at it...DUCK

"Michel de Nostradamus" ain't got nuthin on SATAN !!!