X86BSD

When It Rains, It Pours

Unless the "Socialist takeover" plan involves:

A) The dismantling of the FED and the arrest and charge of those employed by it.

B) The return of the dollar to a value based currency based on gold or silver, or platinum for all I care.

C) The allowance of all these companies to FAIL and allowing the free market to WORK, which it is trying to if everyone will STOP interfering with it, and reduce housing prices from their super incredibly over inflated prices.

Without the above, the plan is no plan at all and will only delay the oncoming destruction of the dollar and the economy as we know it.

If You Think the Dow Did Well Today, You're Wrong

My predictions:

Monday opens with a massive drop in the market. Thought the several hundred point gain was good? The inverse x 2 or 3 is what I expect monday. Based on? Based on the fact that the market is run by completely insane people at hedge funds and other places who don't do anything remotely sane or logical. And will see the point gain from Friday as "Thats as good as its getting take that gain and sell everything!" Which we will see monday.

Also because no matter what *anyone* says or does come monday. no matter if if the market tanks or rallies again, these simple FACTS remain:

The US dollar is completely, totally, utterly worthless. It is a debt based fiat currency with absolutely NO value or worth. Period. Non debatable.

The Treasury of the US, IMO was ransacked long ago by the FED. Think we still have any gold at fort knox? :)

There is a reason the FED will not allow auditing of its books by Congress or anyone else. Three guesses as to why.

The FED since it's inception has been printing money out of thin air.
Completely out of air. Just flipping on the photo copier. The dollar is now not even worth the paper it's printed on because of the length, duration and amount of bills printed by the FED.

None of these facts are going to change. The dollar will crash just as soon as everyone wakes up and goes "Oh, yeah, thats true." to the facts above. There is no way out of this. There are trillions and trillions of dollars of uncountable derivatives, bad debt, etc that will now start to unwind from this credit mess. And the sooner it does and the dollar crashes the sooner we can move the hell on and finally start the discussion of a new value based currency again, shut the FED down! boot those bastards out of this country, and forbid a central bank ever being created here again.

But seriously, i'm not bitter. Really.