Dr.Jackpot

Show Me Economic Expansion, Chairman Bernanke

Steven Hanson,
You look like a man old enough to have some savings. If you had a million dollars but were too old and too sick to earn more would you put it into a CD paying 1% interest? After fixed hard expenses (auto registration and insurance, etc, etc) you might have $5,000 a year to live on. Your previous income of 7 % was confiscated by Greenspan's free money policy and Bernanke's continuing same. This income was taken from you so that the pyramid could continue and you were the only source of hard cash. This was THEFT but legal. This is the power the federal reserve has over you--------and you know who the fed is beholden to. So there's nothing you can do with the million and don't talk stupid about stocks and such. Having said this, only those over 75 will understand my take.

Stocks Are Doomed, Only Cash or Precious Metals May Survive

A friend went to buy a loaf of bread using a gold coin. He said he tried to bite off a small piece of gold from the coin but that broke his tooth. So he went to the dentist who used the gold to rebuild his tooth. Then the dentist pulled the tooth out to get the gold to pay for his service. This must be why paper money was invented.

Is the U.S. Solvent?

I'm really scared. Will there be enough left over for me to get a new Apple laptop?

Understanding Inflation

These data figures don't mean 'Jack' to me. I define inflation/deflation as the spread between what you get and what you need to spend to live. Inflation can happen in two ways. Forget the data. If your cost of living stays the same but Greenspan takes your fixed income down from something to nothing, that's huge inflation. Also if your fixed income stays the same but your cost rise------that's inflation. The converse can be 'deflation'. By my definition, inflation is roaring thanks to Greenspan and Bernanke. My life savings don't bring Jack anymore. This theft makes Madoff look like a circus pick-pocket and nobody talks about it.

The Great Depression vs. Today's Economic Crisis

One difference is that people are much fatter and physically lazy today and really don't want to work anyway. This gives them the excuse to stay home on unemployment and play with their computers and stock market.

Get Ready for a Fed Induced Period of Inflation

Inflation is another way of saying "steal it from savers".

Why I See Long-Term Deflation

Energy seeks a lower level. It's downhill the moment you are born. You shoot up like a roman candle but you are dieing at the same time you are growing up. God was the only one to figure out how to make energy seek a HIGHER level and in an instant the universe was born. Work on it. I'll buy a hundred shares.

Hedge Fund Redemptions May Crash Q1 Markets

PORN built the internet which in turn boomed the computer business which in turn destroyed financial integrity.

Has Cutting Interest Rates Saved Anyone?

This is what I've been saying but non producers like cranky investor above don't know anything about working and saving. Greenspan's policy of confiscating savings (no interest income allowed) so that young spenders and gamblers with that 'spirit' could boost the economy has been the greatest theft of all time and very few will say it because 90% don't work or produce anything anyway.

Government's Ponzi Scheme: 1000 Times Worse than Madoff's

Since Madoff could not possibly spend 50 billion on himself and unless he actually burned the money, how can one say that 50 $billion has been lost? It seems to me it has merely moved to other accounts within the system. Unfortunate for some but a winner for others. Where am I missing it??

What Exactly Is the Money Supply?

Thanks for the explanation.
Now------------what is meant by 'money supply' ?

U.S. Stocks Look Like They're Still Headed Lower

80% of recent selling has been for tax loss reasons. This is ending now and typically at the beginning of Dec repurchasing starts so that certain holdings can be shown at year end by funds. Stocks will mostly rise or at least stay flat for the rest of this year. If you bought during the frenzy of tax loss selling you just made a bundle if you hold into January.

Service-Based Economy Is Progress? Show Me the Money

How does this work? I rub your back for $40 and hour and then you comb my hair for $40 an hour. Wow! Then we both go down to Circuit City and buy a new TV made in China. Oops!----I forgot---Circuit City just filed bankruptcy. Can the rest be far away??

The Perversion of American Capitalism

All three. In this dream which came to me in 1992 I was told the stock market would rise dramatically but I personally would be frozen from using this information (and so it came to pass and I was 'blocked'). After the crash, the invasion would come around year 2020 to 2022. I am 78 and this dream was the most vivid I remember. And so it was.


On Nov 05 12:42 PM famos wrote:

> Hey Dr. Jackpot,
>
> Was that a dream or a nightmare or a prophecy?
>
> famos, last words