johngonole

Missed the Break-Out? It's Coming Back

Its pretty sure market sentiment has shifted. A bit of good news and the market explodes upward. Have a long string of bad news and the market steps down slowly. The last two days basically made up for a month of declines. Eventually the market will head higher but I think it will be due primarily to money inflation caused price increases. NOT because of higher production, etc...

I think American spending will remain constrained. Market is fairly valued.

More Fed Reserve Notes Intended for Wall Street

Governments are what create markets. Markets have rules. No stealing, contracts, property rights, etc... Land boudaries, etc...

I think everyone understands that governments created the rules by which a society governs themselves. The less capable a people are go doing this the more rules they need.

The next argument is whether socialism, fascism, or truly free markets are better. Free markets are superior. The problem is that we have a monopoly on the primary medium of exhange the dollar. Hell I'd go back to bartering if it meant better price stability.

Return of Weimar Monetary Policies?

The only thing that scares me about Obama is that I do believe at heart he is a socialist and perhaps even a marxist. So lying is not necessarily against his world view. My big concern is that he definately has the cult of personality and if combined with a depression and a democratic congress there will be very little to stop him from forcing his idealology (whatever it is) on the masses.

Return of Weimar Monetary Policies?

A few quick comments:

On war.....no thanks.
On Hitler... no thanks,
On Obama....no thanks.
McCain....not much better
Facism is not state controlled capitalism....it is quasi business/government controlled socialism. The Nazi party was a socialist party by name.

Capitolism = Privately owned and controlled means of production
Socialism = Government owned and controlled means of production
Fascism = Government controlled means of production that are privately owned.
Communism = Everything controlled and owned by a one party government
America = a blend of the first three.

Our defense industry, much of our financial industry, etc are fascist.
Our education system is socialist....probably one reason most in the country don't know the differences pointed out above.
Homebuilders are obviously capitolist as are your local mechanic, the plumber, the engineer, the architect, and most small business.

So in this country we have a blend. Note that most of all of our economic problems are the result of government over spending in areas where our industries are highly fascist or socialized. Funny the supermarkets (capitolist) almost aways have what we need. They have market forces constantly providing them incentive. Remove proper free market incentives and you have clueless individuals misdirecting the resources of our nation....ie fannie mae and the federal reserve (fascist) and a really poor education system (socialist), Grand looking airports and football stadiums but bankrupt airlines etc...