rocco69

Insiders Continue to Sell, Sell, Sell

This just from a health reform blog. Apparently the Bill and Melinda Gates Foundation just sold nearly all of it's health care stock and holdings in drug companies during the last quarter. Here's the list of sold stocks:

2.5 million shares of Johnson & Johnson
14.9 million shares of Schering-Plough Corp
8.1 million shares in Merck & Co.
3.7 million shares in Wyeth.

Thoughts on the New World Order: Israel as a Developed Market, S. Korea as an 'Almost'

Invest in Israel? You got to be kidding. A better strategy, as well as a moral one, would be to divest from Israel and join the boycott Israel campaign.

Having lived through a bunch of recessions, Ben Stein says this time really does feel different: "The suffering among individuals and families close to me is incomparably worse than I have ever seen it before."

What next on the auction blocks Ben; our national forest, our railroads, our infrastructure, and our military? China has all the cards as do many nations that hold our debt. The US is a third world country so we got to live with that reality. And please, anyone, why are we spending all this debt on this failed occupation in Central Asia?
Invest in Asia, Russia and South America. Amerika is a slave state and ripe for sale.

Having lived through a bunch of recessions, Ben Stein says this time really does feel different: "The suffering among individuals and families close to me is incomparably worse than I have ever seen it before."

Don't worry Ben, the Chinese will take care of us.

"No one is going to be more concerned about future deficits than we are," says Geithner, who's in Beijing with an Obama pledge to control borrowing.

Interesting. Asian markets are way up tonight (Sunday) behind manufacturing increases in China and an upswing in commodity prices . With China holding over $750 billion in US debt, look to see China buying US assets on the cheap. But that's OK, the business of war and bail-outs are still the only profitable game in Washington, DC as long as someone keep buying our huge debt.

According to Rolling Stone columnist Matt Taibbi, Goldman Sachs (GS) basically runs the world, or at least America (which is sort of the same thing, right?).

Even more disgusting is that we invade and occupy so called terrorist states to protect GS and other corporate occupiers that have taken over and control the nation for their own interest.

Holiday weekend or no, it's back to Bank Failure Friday. Latest casualty (number 22 for 2009) is North Carolina's Cape Fear Bank. Carolina-based First Federal has agreed to assume all Cape Fear's deposits and its 8 branches will reopen on Monday under the First Federal banner. Estimated cost to FDIC: $131 million.

This economic crisis is far worse than we are led to believe. And the major domo to this crisis in goldman sachs.

www.goldmansachs666.com/

Five Reasons to Invest in Agriculture

Your best investment right now is to grow your own food; no pesticides, no chemicals, just good old dirt and non-GMO seeds. The effort should provide you with plenty of fresh and plentiful veggies and the only investment will be hard work and dirty hands. Better for the kids too.

"In less than two months, the hopeful enthusiasm that welcomed the Obama administration has given way to growing worry and frustration. I find myself wringing my hands, not over the goals President Obama has set but over the ineffectual ways the administration has pursued them." (WaPo)

Being tired of corporate greed, the failure of the SEC, divident cuts, short traders, excessive CEO pay, market manipulation, SEC malfesanance and thirty-years of banking deregualtion and corruption, I've decided to tell corporate Amerika that I am done with them. Sold everything and took out $100K today from the bailout elite and corporate royalty. Purchased garden seeds, lots of ammo, and support my local non-listed small businesses.