Unimpressed Pragmatist

Yesterday's Rally May Be Short-Lived

One thing the investor does not need are more, so-called, analysts predicting gloom and doom in the market. Anyone with a lick of sense realizes that the stock market is based on emotion and greed. It is rarely connected to reality but is, in fact, controlled and manipulated by large funds, very rich individuals, and the brokerage houses.

Any investor who depends of self-interested analysts with hidden agendas and/or tied to investment houses has no business in the market. Rather they should seek a well-managed and reputable mutual fund for their investments and forget about making an overnight killing or determining the daily direction of stock market.

Bottom line for small investors: The stock market is a crap shoot and you don’t have the expertise or information to play.

Yesterday's Rally May Be Short-Lived

One thing the investor does not need are more, so-called, analysts predicting gloom and doom in the market. Anyone with a lick of sense realizes that the stock market is based on emotion and greed. It is rarely connected to reality but is, in fact, controlled and manipulated by large funds, very rich individuals, and the brokerage houses.

Any investor who depends of self-interested analysts with hidden agendas and/or tied to investment houses has no business in the market. Rather they should seek a well-managed and reputable mutual fund for their investments and forget about making an overnight killing or determining the daily direction of stock market.

Bottom line for small investors: The stock market is a crap shoot and you don’t have the expertise or information to play.

Rising Oil Prices: Is It Really Different This Time Around?

The country is concerned but not yet angry about rising oil prices. People realize that the high price is the result of speculators manipulating the market in hopes of reaping a great windfall of profit. Although there is an excess of oil in the world and adequate supplies are available, speculators are painting a false picture of shortages and declining inventories when no such situations exist. They will, eventually, get their tails burned by reality.

Inflation or Deflation: Who's Right?

Q: INFLATION, DEFLATION, WHO'S RIGHT?

A: Everyone and No 0ne! All the charts and studies and crystal ball predictions concerning the future, on any subject, all have one common drawback: they are full of it! No one, but no one can predict the future of human events. This has been proven so many times that it is senseless and meaningless to spend any time on these prognostications. Best advice for all is to use your common sense, stay abreast of current affairs, think logically, and throw the dice with the rest of us. One thing is certain, however, anyone trying to sell a forecast of future market trends is to be avoided like the plague! In all probability, he/she is trying to delude the investing public to pay good money for bad advice. Always remember the adage: figures don’t lie but liars sure can figure!
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Greenspan Points Fingers, But Takes No Blame

Let us not forget that the Maestro single-handedly created 7 recessions out of 7 booming economies. The man is a boring, self absorbed, dunderhead who uses obscure language to disguise the fact that he doesn’t have a clue about how to manage an economy or how to interpret current and future trends. That he is hailed as an economic genius is a mystery beyond explanation. He is a perfect example that politicians have no comprehension of any important subjects beyond corruption, self-interest, and re-election. Ergo, they support any and all from academia who confuse and dazzle them with esoteric knowledge and obscure rhetoric. That this knowledge has no basis in fact goes right over their heads.

The greater mystery is why the American people continue to send these idiots to Washington to represent them in the most important business of the country. Future historians and political philosophers will ponder this question until hell freezes over.

Payrolls Drop for First Time in Four Years

Let me see if I understand this. In a nation of 300 million plus, the loss of 4,000 jobs is significant? Additionally, Wall Street panics and plunges the market down 250 points? Me thinks, the market is being manipulated to the benefit of a few very powerful individuals and organizations who use any excuse, regardless of significance, to enrich themselves at the expense of the small investor. The daily up and down performance of the market gives truth to this observation. If our government was not so corrupt and at the beck and call of the "powers-that-be", an in-depth investigation by the SEC and Congress would reveal this activity for what it is: criminal!

This nation will not regain the momentum that made it the greatest in history until the criminals that control business and government are put into prison. Market manipulation is, only, the tip of this iceberg. The 2008 elections will be a good place to start with the selection of office holders who are independent of both parties and dedicated to returning the control of government to the People. It can happen if the electorate does, in fact, awaken to the corruption that permeates business and government.

Why is the Fed So Indecisive About Inflation?

Bernanke is a government stooge from academia! He is showing a little nervousness because he realizes that few, if any, of the American people believe his utterances concerning the inflation rate. They live with the true rate, every day, and wish it was, only, 2%.

The core inflation rate is another propaganda device intended to deceive any and all who are foolish or ignorant enough to believe it. Many analysts and non-government or academic economists have proven that the true inflation rate in the U.S. is 8.5% and climbing.

However, it is in the best interests of politicians to support Big Business and Big Oil as they continue to gouge the consumer for all they can get. If the truth concerning inflation was wide spread, many politicians would be facing removal from office and the dire threat of having to go to work in a real job to make a living. Perish the thought!

Washington’s structure of deception and prevarication is beginning to unravel. Bernanke is not the only one who is beginning to feel the pressure of the American people's disbelief and distrust in its national government. Lincoln's adage concerning deception is beginning to have its effect on the con artists
who inherit the halls of power in Washington.

Stock Money Flows and Notable Dividend Increases

Yeilds of 0.2%, 1.5%, 0.7%! Wow! Do you think you're doing me a favor or providing a useful service with this type of "breaking"news? I can do much, much better with random searchs.

As with all touters of stock related news, if you were, really, so much more knowledgeable than everone else, you would be wealthy beyond your wildest dreams and not in need of my custom. And, as with most, if not all, touters, you are a con artist preying on the ignorant.

No thanks!

Housing Slump Continues: Are Economists Ready For Reality?

Economists breed in the vacuum of academe, completely devoid of reality. Their only contact with humanity is through clueless professors and the books and papers they and their colleagues create to justify their existence. Their biggest crime (sin?) is representing applied economics as a science. It is, at best, soothsaying and fortune telling through the correlation of distorted and manipulated data.

Alan Greenspan was a living proof of this phenomenon; a perfect example of the Peter Principal run amok. His talent was obfuscation and disingenuous deflection that he used to great effect on the clueless purveyors of deceptive twaddle who masquerade as fully qualified and knowledgeable U.S. Senators and Representatives. That Wall Street followed his dictates was proof positive of their dedication to the purported philosophy of B.T, Barnum: “There’s a sucker born every minute”.

In their continuing adulation of this B.S. artist, his followers chose to forget, or ignore, that little Alan lead this country’s into 7 major recessions that he manufactured from a booming economy. How many fortunes were made through short selling by the mavens of Wall Street as they encouraged their deluded followers to buy, buy, buy?

At a reported $150,000 per speech/presentation, little Alan continues to exert undue influence on world economic issues. For the protection of our current and future economic successes, he should be incarcerated in an old age home for the demented as quickly as possible and denied any further contact with the world. He speeches, books, papers, and utterances should be gathered together an taught in advanced business schools as an example of the success that can be achieved through the application of the absurd and the Big Lie. Alan was a true master and guru of this economic philosophy and his applied skills in the application of deception, misinformation, disinformation, boredom, and disingenuous babble. If he had chosen another life career, he would have achieved untold wealth as an evangelist and faith healer!

To further prove the contention that economics is a tool of the highly successful con artist, take a long and educated look at the housing market. For the past several years, based upon glowing predictions of vast wealth possibilities in real estate and the endless future of the bull market, people were encouraged to spend whatever it took to acquire a house or invest in housing. With the resources of the many stretched to the breaking point, these economic gurus and investment advisors reversed their prognostications to foretell of a housing market collapse. I won’t go into all the related manipulations that are, now, coming to light, but it is obvious that voodoo of economics was, once more, applied to make unconscionable profits for the insiders, on the way up and on the way down.

And, the beat goes on! Long live the economists! Without them, politicians and Wall Street mavens would have to find honest jobs.