Investors at Risk of Losing Everything 33 comments
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It was not so long ago that I opined that unemployment in the US would start to surge. A few of you doubted me. The Friday Jobs Report is proof of concept. This problem is now front burner. So-called “rebates” are not jobs. They are also not wage and salary increases.
With respect to the Middle East, if hot-headed politicians cannot resolve their differences on a diplomatic level, and choose more war, the real problem will be worse than inflation, recession/depression and stock market crash. The average person, and tax-payer, will start to revolt.
The people have had enough. If allowed to fester and unemployment levels build to where I anticipate, and oil prices stay at the $138 level or higher, I believe the West is headed for broad general strikes and internal strife that will include domestic bombing and burning.
Interesting to me that the leadership that America needs, and is likely to get from Barack Obama, will now be headed for four or five months of intensely disrespectful dirty politics. The world, I think, is soon to witness a smear campaign in politics that will not make Americans look good in the eyes of others. Do they care? Probably not, but they should.
With regard to capital markets, investors who are locked by debt into long-term asset holdings are suffering and at risk of losing everything.
The opening on Monday should be interesting. Choose your poison.
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This article has 33 comments:
I, personally, am pleased that we now have a price for oil that will force major changes, this product is far too valuable to burn as fuel.
If you want a better life,get another job,get educated ,and get going.
are multi-millionaires -, most receive a six figure pay check compliments of the us taxpayers - most will receive an annual six figure retirmen pay check - compliments of the tax payers - most will have all theirhealth care costs paid by the tax payers- how can the average us tax payers beat this stacked deck ??
If the president and vice president are energy experts, why don't we have an effective energy plan for the nation? Have these two lost touch with the very people they are to lead in good faith under the standards of the U.S. Constitution? It seems that they don't care. This is sad and it causes everyone to grab their nose because something stinks and it's not sour crude. This disappoints, weakens, discourages, demoralizes Americans and makes cynics everywhere prevail.
This country needs decisive leadership, especially in energy national policy. We need to become energy independent via such things as nuclear power, electric cars, mass transit systems, wind gen, solar gen and opening (responsibly) untapped petroleum reserves in the US. This would create an explosion in jobs, tax income, optimism, cleaner environment, re-education, innovation... yes, something more positive than bombing North Korea and invading Iraq.
It’s clear to me that we need to get out of Iraq ASAP. We’re bleeding our nation to death. Haven’t we recreated the 70's stagflation nightmare once again? Hard times lie ahead and in that scenario, U.S. citizens might do best if they have competent inspired leadership, which gives them hope for the future. We don’t need the constant dread of war, fear of becoming poorer, and revulsion and suspicion for illegal dealings in government and industry – aka Doom and Gloom. Fear is oppression.
In summary, your grim scenario might not transpire if we get good leadership, such as a president with integrity. We need one who has a clear vision for this country’s energy future. At first his vision will provide national hope and direction. In time it’ll provide prosperity and that recovered prosperity will become the oil of good society.
what choice do we have in the upcoming election?
people will vote for someone who can talk
but sure cant do the walk.
The USA has the short side of the market.
Why not look there in times like these.
We have a 30 stock short portfolio on out site. It is illustrative and not recomented. Seek the advice of your investment advisor. It has a start date and end date which we believee to be in ture with the business cycle in the USA.
We believe that one will have to use shorts and longs in the comming years.
BTW, a visit to your website is worth its weight in gold... or is it oil?
and read your articles, because you speak from your heart and not your ego.
I think we all need to take a deep breath and count to ten, because in IMHO, we are going to go through some very troubled times in the next few months. However, I do see light at the end of the tunnel.....and that light is solar energy. It looks like things have to get a lot worse before they get better........this is just something we will all have to get through.
and website videos. As I have said many times, the USA needs a
viable THIRD Party! Voting between the Dems and Reps all the time
is getting OLD. Same ole same ole with the problems always getting worse.
The peak oil scenarios I have read bring up the probability of energy hoarding by OPEC countries (and others). Hoarding is already on the table in Saudi Arabia. I suspect that eventually Russia and Venezuela will follow suit. When hoarding begins the world is going to fall into chaos in a hurry. Please "The Long Emergency" by James Howard Kunstler.
When I have to click twice to see the full article and comments, that just makes me wait twice for all those irrelevant Ads to fill up my screen and makes me angrier with stupid design.
I agree it looks like BO is a smelly Marxist choice.
" If My people who are called by My name will humble themselves, and pray and seek My face, and turn from their wicked ways, then I will hear from heaven, and will forgive their sin and heal their land. 2 Ch 7:14
If My people who are called by My name will vhumble themselves, and pray and seek My face, and turn from their wicked ways, wthen I will hear from heaven, and will forgive their sin and heal their land.
2 Ch 7:14
If Obama gets elected (I'm living in Illinois and he's DONE NOTHING for this state) you can look forward to a politically correct administration accompanied with 12% un-employment, double digit interest rates and lot's of feel-good rhetoric 'bout "helping Americans".
I think we already went down that road with Jimmy Carter. Remember him? You must 'cause he's STILL shooting his fat mouth off all over the world. Oh yea, his Middle-East policy unseated the Shaw of Iran so the religious zealots could (and still do) reign!!!
It's gonna be a wonderful world - if just Obama can get elected!!!
"Interesting to me the leadership that America needs, and is likely to get from Barack Obama".......????
AND ON what past actions leadership in the Senate do you base his "leadership" ability on??????
I TOO disagree that any liberal can "fix" the economy,which has been caused by too much govt spending and easy credit,all liberal ideas(in the first place).
OBAMA POLICY STATES WE AS AMERICANS MUST begin to ACCEPT A SMALLER SLICE OF THE PIE (BULL SHI#^$%@*
WHAT A DEFEATEST MENTALITY!
DRILL HERE DRILL NOW PAY LESS.WHY SHOULD any hard working American FAMILY GIVE UP EVEN ONE THIN SLICE OF THEIR PIE?
THIS IS AMERICA WHERE ANY PERSON WHO DESIRES SUCCESS AND WORKS HARD CAN BAKE A PIE OF THEIR VERY OWN.
WE ARE ON A FAST TRACK TO SOCIALISM AND ECONOMIC HELL BECAUSE OF LIBERALISM.
WHY PULL THE LEVER FOR A FUTURE (OF NO RETURN) WITH OBAMAS NICKEL AND DIME POLICY FOR (CHANGE) ...AT A TIME WHEN WE NEED STRONG PROFITABLE DOLLARS.
Obama = double digit interest rates. Hmmm, sounds good to me. As of last Monday I am totally in cash, except for SGen and IMMG. The only thing I'm willing to bet right now is an effective treatment for cancer.
McCain is just outright dangerous: a warmongering scoundrel with no respect for the Constitution.
You can pray to the magical sky wizards if it makes you feel better. But I seriously doubt they're going give you any help. Least of all, in the matters of feeding your greed.
And for the record guys, if you take a look at the history of the stock market and which administration was in power, you'll see that the market seems to do better with democrats in power. So what does this have to do with the markets?
NOTHING. Although, the last person to actually balance the budget was a democrat...oddly enough.
Double digit interest rates? BRING 'EM ON! That's what we need to shore up the weak American Peso. The constant devaluing of the dollar is one of the main culprits to the commodities increase. The dollar has lost over 40% of it's value over the past 8 years. Time to start doing something about it.
Neither Obama nor McCain are good choices, especially given the magnitude of the more serious problems we face. However, Mccain is the first candidate I can remember that actually scares me. I think he may actually be worse than Bush. But I digress. One of the bigger issues is how to prevent us from spending ourselves into oblivion. Mccain's inane ravings about staying in Iraq and pork isn't going to cut it (pork is less than 1% of the budget), and Barack "The Messiah" Obama has grand plans for a universal healthcare system that has no way to fund it. We can't even pay for what we have now.
No matter who wins, we will probably lose though we will probably lose a little less with Obama. Either way, expect higher taxes.
But don't blame me. I'm voting for Cthulu.
~X~
1) The Way the World Really Works - Alan B. Jones
2) The Creature from Jekyll Island - G. Edward Griffin.
prisonplanet.com
Subject: Weekly Update
Date: Sun, 8 Jun 2008 21:49:45 +0000
05-08-08
A Bilderberger Combo With Cheese, Please
Manipulation of the markets has been confirmed within the public domain, but it is also important to consider the simple and astounding fact that it all occurs in the open light of day. Many of the topics we have covered in these updates could be front page news-worthy, but all we get from the controlled media are the political circus clowns. In the end, it all ultimately affects our investment in precious metals as well as our own well being - and yes, the future of the planet and mankind itself! Perhaps that's why a hundred or so of the world's most powerful and influential people, including media heads, princes and queens, heads of state, members of the US government including federal, state, intelligence, treasury, and military [in violation of The Logan Act - a federal offense] are meeting in secret in Chantilly, Virginia - and not a word about it in the main street press. We see the evil they do in broad daylight - can you imagine what they are planning for us in secret?
prisonplanet.com/artic...
What is the "truth"? It is what you chose to believe. I can provide facts, figures, articles, photos, videos, and Hegelian dialectic references but I would prefer instead that you investigate for yourself, ask your own questions, and determine whether you believe any of the information is the "truth" for you.
If You're Asking Me When, I'll Say It Starts At The End
Did you know there was a third building that collapsed on September 11, 2001 besides the two twin towers? A 47-story steel framed high rise known as WTC Building 7 [aka the Salamon Bldg] that was not hit by any plane collapsed into its own footprint at freefall speed of 6.5 seconds at appx 5:23 pm. Curiously, the 911 Commission Report didn't even mention the collapse of WTC7, as if it never happened. Of course, if you mention this to anyone you will be considered a tinfoil-hat-wearing-nu... I am rubbing my eyes now because amazingly, an actually serious article on the subject has made it to the Financial Times:
What Happened to WTC Building 7?
www.ft.com/cms/s/0/7d1...
Seven years later and the National Institute of Science and Technology [NIST] still has no official explaination for the collapse of WTC 7. First they said it was weakened due to debris from the falling towers, but since even closer buildings were relatively unscathed and remained standing, they had to admit that wasn't it. NIST has since offered several other scenarios they have later been forced to recant. NIST now says they need until 2009 now to tell us what happened.
Videos of the Week
Even though WTC7 was not hit by any plane, and despite the fact that no steel framed high rise had ever collapsed due to fire in the history of mankind, the BBC not only announced the collapse of WTC7 before it actually happened, but they were also able to explain the reason why the building came down - it was "weakened" by the collapse of the towers - already diseminating the first "would you believe...?" offered by NIST.
www.youtube.com/watch?...=
Everyone on the face of the earth remembers exactly where they were and what they did on the day of 911, that is except for CNN anchorman Phil Hayton.
www.youtube.com/watch?...
Again, this is all part of a larger picture - the same picture that includes going to war under premeditatedly false information:
"The release of a confessional book by former White House press spokesman Scott McClellan and the subsequent release of a long blocked report by the Senate Intelligence Committee make it clear that Bush, Cheney & Company deliberately lied to Congress and the American public back in 2002 and early 2003 about the threat posed by Saddam Hussein (there was none)."
prisonplanet.com/artic...
www.prisonplanet.com/a...
Are you sensing a progressive pattern here? Whether we like it or not, dynamic forces in the world are reaching a pivot point where we may soon see dynamic changes from what we would consider a normal life. Technologies in energy and health already exist to truly enrich our lives but have been suppressed by the authorities for years. These authorities speak and markets tremble, oil rises $11 per barrel, people die. Will we let them determine our children's fate, when they already say there are too many of "us"?
Below are two documentaries by Alex Jones. I would like to say again - I'm just asking questions, presenting information that it is only for your consideration. However, these documentaries do take on additional merit when you consider they were released before the recent revelations and confirmation that the Bush administration knew full well that Iraq was not a threat. It is also interesting to note that no one has stepped forward to deny Jone's accusations, nor sue him for slander or defamation. Watch if you think you can handle the disturbing possibility that it is all too possible or true. I don't need to know if you agree or not - that is up to you.
EndGame - Blueprint for Global Enslavement - 2007
video.google.com/video...=#
TerrorStorm - 2006
video.google.com/video...
Ask questions, investigate, share these videos, join a group, open discussions.
Management is better equipped for survival because they own the means of production. And can erase competition because they own the central bankers, and obviously the politicians. Except for the politics in the authors article, I think he's right on. And... "Management" was a good word to start my comment with, but is probably more convenient
than accurate in describing the group with the most wealth, power, and control, the second time it's used.