Falseflagop
07-13-2007, 03:41 PM
imho, Why do I say this because when you have the following happening on Main St.
1) Foreclosures at alltime highs
2) Subprime Mortgages blowing Up and ALT A starting to get the virus just look at American Home Mortgage for example as teh credit spreads are out of whack and this Lenders orginating this paper cannot sell it for profit so they hold it for as long as they can.
3) COnsumer Debt at alltime highs (Yesterday Retail sales were weak except WALMART so that should speak volumes as to where people are going trying to save a penny here and there.
4) BK at alltime highs
5) Good Quality jobs are being shipped overseas while HAMBURGER FLIPPERS jobs are available all over the place since we have become a service country.
6) Savings rate is a NEGATIVE ONE not since 1929 has this happened.
7) USD at alltime low (As Big BEN continues to print money 24/7 that why they eliminated M3 last year.
8) Crude Oil closes at $74.00 a barrel
9) Interest Rates conitnue to rise and all those NEG AM and ADJ Rate Mortgage are reseting a whole lot higher! Means more Foreclosures are coming.
10) International Bank of Settlement has warned about a recession/Depression because of our financial condition.
11) We are almost 10 trillion in debt and 60 trillion long term debt, GOA Controller David Walker has warned something needs to be done to coorrect this, but this falls on deaf ears.
Conclusion: Paulson, Big B and company are using the PPT to prop the markets to create the illusion that the ECONOMY is ROARING!! Creating false hope until they decide to pull the plug (after they have transferred wealth from the midle/lower class to the rich) They want Joe Lunchbox to invest in face of all this CRAP.
Just today Paulson is begging the Chinese to buy these toxic mortgages? WHY? So they can continue this game and eventually put the AMERO in place?
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aE7I.0mnjrSY
Imho these guys are all crooks and more reason we need RON PAUL in office NOW! They have fleeced our nation for their own benefit as they use our boys fighting as their pawns. Just be careful with this BS market right now because imho when it pops it will be HUGE!
Thanks
1) Foreclosures at alltime highs
2) Subprime Mortgages blowing Up and ALT A starting to get the virus just look at American Home Mortgage for example as teh credit spreads are out of whack and this Lenders orginating this paper cannot sell it for profit so they hold it for as long as they can.
3) COnsumer Debt at alltime highs (Yesterday Retail sales were weak except WALMART so that should speak volumes as to where people are going trying to save a penny here and there.
4) BK at alltime highs
5) Good Quality jobs are being shipped overseas while HAMBURGER FLIPPERS jobs are available all over the place since we have become a service country.
6) Savings rate is a NEGATIVE ONE not since 1929 has this happened.
7) USD at alltime low (As Big BEN continues to print money 24/7 that why they eliminated M3 last year.
8) Crude Oil closes at $74.00 a barrel
9) Interest Rates conitnue to rise and all those NEG AM and ADJ Rate Mortgage are reseting a whole lot higher! Means more Foreclosures are coming.
10) International Bank of Settlement has warned about a recession/Depression because of our financial condition.
11) We are almost 10 trillion in debt and 60 trillion long term debt, GOA Controller David Walker has warned something needs to be done to coorrect this, but this falls on deaf ears.
Conclusion: Paulson, Big B and company are using the PPT to prop the markets to create the illusion that the ECONOMY is ROARING!! Creating false hope until they decide to pull the plug (after they have transferred wealth from the midle/lower class to the rich) They want Joe Lunchbox to invest in face of all this CRAP.
Just today Paulson is begging the Chinese to buy these toxic mortgages? WHY? So they can continue this game and eventually put the AMERO in place?
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aE7I.0mnjrSY
Imho these guys are all crooks and more reason we need RON PAUL in office NOW! They have fleeced our nation for their own benefit as they use our boys fighting as their pawns. Just be careful with this BS market right now because imho when it pops it will be HUGE!
Thanks