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

The Real UI picture

http://www.ows.doleta.gov/unemploy/wkclaims/report.asp

from


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

to

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

and

http://www.bls.gov/news.release/empsit.nr0.htm

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!

DJ Stocks today at 1000 + and falling

Remember 9-9-9 9-18-9 9-29-9

Krugman: U.S. government averted depression- NYT

http://www.reuters.com/article/governmentFilingsNews/idUSBNG53785420090810

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?

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;

http://orlytaitzesq.com/

http://www.orlytaitzesq.com/blog1/

http://www.obamanotqualified.com/

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
including
http://www.lotterypost.com/news/150037

http://www.opinionjournal.com/columnists/hjenkins/?id=110007458

http://www.lottery-illinois.com/illinois_state_lottery_articles/lottery_scandal.shtml

http://answers.yahoo.com/question/index?qid=20081106101317AADCJHD

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

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…

Enjoy.

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.

TAKE AWAY 70% of MARKET VOLUME AND YOU HAVE FINANCIAL ARMAGEDDON.

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 !