ALue167

A Radical Solution for America's Insolvent Financial System

This reiterates my contention that we must socialize the financial sector as well as the health insurance sector and the lawyers.
The distribution of money should not be the domain of thieving profiteers.

Who Does Ben Bernanke Really Work For?

Socialism for the rich & powerful should be shifted to socializing the financial sector where the bonus paracites only get teacher's pay. The same goes for the insurance sector..... esp. health insurance. Add socializing the lawyers into teacher's pay.. .These thieving profiteers should not be in charge of the distribution of money. They don't produce anything but stealing money.
The distribution of money should only be the domain of the government who work for government salaries that should be reduced closer to teacher's pay.
Also, put the shareholders in charge of corporate management pay
scales not the board of diectors.
This will save the public about a $Trillion a year.
Also the corporate military industrial complex with troops in 130 countries and two unnecessary losing wars at a cost of $ 2 Trillion a year should be eliminated. Pull all the troops home as fast as they can pack their bags.and that should save another $Trillion a year after expenses for homeland security. It's insane that this banana republic of ours is still trying to rule the world.
Sadly, this will never happen. This is, after all, a demopublican dictatorship with a revolving door to wall street and a banana republic printing funny money and depending on the kindness of strangers like China to pay it's bills just like the other banana republics.
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Jungle Ethics Financialism vs. Free Market Capitalism

PS. Eradicate the Corporate-Military Industrial complex and bring all the troops home from the 150 countries Imperial Empire Amerika is occupying including the 2 wars. Tell Israel, Taiwan, and So. Korea they are on their own. Another $Trillion saved.

Jungle Ethics Financialism vs. Free Market Capitalism

Great Read!
It all confirms my belief that we should socialize the financial sector as well as the healthcare and legal sectors. This would solve the problem of the thieves stealing everyones money which amounts to about $1 trillion per year. The post office is socialized and works well.
The profiteers should not rule the domain of the distribution of money.
The lawyers should earn a government salary only. The health insurance companies should be replaced by a single government insurance system for everyone like medicare..
Our future. deficit problem would be solved.

Recent Policy Decisions and a Greater Depression

I hardly ever see mentioned the elephant in the room. The $1.5 Trillion military agression budget mindset of our Imperial Empire AmeriKa with troops in 130 countries and 2 unnecessary wars. Our Empire days will come to an end either by public revolution when there is no medicare & social security or by throwing the entire government out in the next election, including closet rightwinger no change Obama. I voted for Nader

Index ETFs Have the Edge Over Actively Managed CEFs

I need higher yields & find them more in CEFs like REZ GGN EMF UTF MTP GCS BGR

Looking for Opportunities in an Irrational Market Place

Synopsis of my macro view:
With No Change-Con Job-phoney-puppet Obama continuing the Reagan-Clinton-Bush fear terrorism tactics-rule the world- military hegemony, the USA is going into financial collapse while the corporate thieves (who stole $10 Trillion) and military-industrial complex with their off shore bank accounts get richer . Social security and medicare is broke to the tune of $60+ Trillion. The current asset to liability balance sheet is now negative and growing exponentially more negative. Normally a company with this balance sheet would file chapter 11 bankruptcy. We are now a banana republic run by the demopublican one party power structure dictatorship of inept parasitic machiavellian thieves and war mongers endorsing military aggresion under the guise of defense. The Great Depression as predicted by the Kondratieff Cycle is now inevitable and it will be followed by an Orwellian police state as the middle class falls into poverty. I predict inflation at close to 20% and unemployment around 15% or more. Crime will become endemic as a way to survive. The U.S. herd can't stomach poverty like they do in India or China. The Dollar will be worthless world wide, no longer the world's reserve currency and this fact will be initiated by the inevitable huge world selloff of the U.S. treasury bond bubble. I bought TBT at $40. I've been screaming financial collapse for the last two years since I read Shiller's Predictions on the housing bubble [ www.google.com/search?... ]. I hate being right. To bad I was too chicken shit to gamble more on shorting the market then. I have a hard time putting my money where my mouth is. The soup and unemplyment lines are coming to your nieghborhood. Lets not even mention the Katrina effects of global warming. Buy Gold. GLD GGN Art L.

Looking for Opportunities in an Irrational Market Place

P.S. My researched macroview crystal ball says bear bounces ($4 Trillion sijdelined nervous cash) followed by lower lows so the above funds pay interest while I wait with the exception of ACAS & AWP which I just recently bought estimating they are near bottom (maybe). I'm a bottom grubber.
I'm watching to trade NAT if it takes a dip if the tankers unload their stored oil as China & U.S. buy more reserves at these cheap oil prices. The Baltic dry index may have bottomed but it may stay flat lined for months. I've been trading and holding TBT and UDN for the big T-bond sell off. I hold only 100 and trade 1000 on TBT & UDN so I'm almost playing with the house's money on my 100 shr longs.
My crystal ball shows five or more years of bear trends. I'm 80% in 4% CDs. If you missed the dotcom & housing bubbles (assuming you sold at the top) you probably only have the TBT (short the bubble) to make up for it. The Kondratief Cycle seems to validate itself.

Looking for Opportunities in an Irrational Market Place

- I own GGN GCS UTF BGR EMF DBC MTP AWP ACAS
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Gold is Money - And Nothing Else

The fed will be raising interest rates eventually so dollar up gold down.
I'll wait for $800 gold or miss the train.

General Electric: Buy Now and Wait

I can't handle the $500+ billion debt load.