... "SNITCH ON YOUR NEIGHBOR" ... WISE WORDS FROM THE MAN WITH THE ANTI-MIDAS TOUCH.

WE ARE: LIVING THE ORWELLI
AN NIGHTMARE ... FIGHTING FOR THE AMERICAN DREAM.

PRINT YOUR FREE POSTER HERE!

"The fragmentation of power produced by the structure of our government is central to liberty, and when we destroy it, we place liberty in peril. Today's decision should have vindicated, should have taught, this truth; instead our judgment today has disregarded it."

This is the voice of the Supreme Court dissent. I stand with this dissent! I live this dissent!


OBAMACARE MUST FALL!



Friday, November 5, 2010

The Plain Dealer: The Rag That It Is

Here is an example of why the Cleveland area is so misinformed. The lead story is: Rubber costs drive tire prices higher. Despite the interesting double entendre for the consumer to consider, the real story is below the fold. The paper puts the inflationary pressure article at the top of the page. Down in the left hand corner we have the "You aint seen nothing yet my brother" article. This article is titled: A brief explanation of Fed's 'quantitative easing' program.

Don't you just love the word program.

The L.A Times article uses the term bolstering the economy in the first paragraph. The second paragraph tells us that we are basically stupid Americans by starting out with The term is a mouthful.

Here is how the article answers the question Where does the money come from?

"The Fed creates it from thin air, which it's permitted to do as the nations's central bank. But instead of printing actual cash, the Fed credits the accounts of banks and brokerages from which it buy Treasury securities."

Hopefully you just stop there and do not turn to page C4 to find out the dubious implications. To attempt to keep Northeast Ohio's population dim, we have a paper that would rather that you just get distracted and glance at the rest of the front page. To hell with profitability. I realize that this is the practice of journalistic tease ... make the reader want to turn the page and pass through the print ads. This is one newspaper that doesn't really want me to turn. This newspaper does not recognize the relative gravity of the news ... and what's really important.

This story is possibly the biggest story of the year getting shuffled under the cover of the election. The effect is going to be a quick heat up. Just as a bunch of Democrats are being frogmarched out to the Capitol building, the economy will "appear" to be turning up. Then the Dems will be saying, "All that good work is just now starting to pay off ... and you are pushing us out." Then when inflation accelerates next spring the Dems will say, "look, those folks get in and they instantly muck it up." This is very predictable.

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Gary the numbers guy says that Obama is going to Mumbai to try to talk India into buying American bonds. We're about to be cut off by China ... so ... I think he might be right.

 This guy has a thing about the number 11 ... that significant things happen on dates that add up to the number 11. He points to the date of the Health Care bill signing, the date stimulus signing, Barrack and Michelle's birthdays, Clinton's birthday, date of the stock market crash in 1929, etc.

Well tomorrow is an "11" day
 ... Nov. 15th is an 11 day
... Nov. 23rd is an 11 day

15th Obama is in Asia.
23rd is the week after his return..

Interesting ...

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Based on what I saw, I thought the stock market would take a dump as tax cuts would possibly expire.
Recent events force a reverse position.
The pumping of fiat cash will pump up the stock market. This along with the hope that the new blood in congress will stand firm and reign this monster in. Gridlock is good for Wallstreet.

The commodities markets are where the action is.



Bullish chart formations. Anyone want to fund me?

OHHHH ... IF I ONLY COULD HAVE HELD THE FIVE CORN CONTRACTS WAY BACK IN THE DAY ... JUST BEFORE THE HUGE BULL MARKET. I was so sure ... but entered the market three days early. If I could have held those I might have been a commodities trader today. Oh the lament!