Yesterday we witnessed spin. I know, I know... when don't we?? Really... creating 36,000 jobs is a BIG WIN?? The small number was weather related? Did anyone watch Jim Cramer last night? I mean sure... he's got a lot more $ than most of us so he's got to be right about something, right? Right? Hell, his cheerleading is just getting old now. How do you spin that BLS crap?
10 years ago a number like that would've pushed bond yields down all day long and stocks would've been pounded. Now, due to the Fed's distortions and our Government's willingness to participate in this fraud we get a "Now that ain't so bad" attitude.
Come on. Isn't this getting old, now?
Here's a fantastic perspective on the BLS and their Black Magic Box.
Global Unrest will be the Theme for 2011
Tunisia, Egypt, Yeman, Jordan, Syria... oh yeah, Iran, Iraq, Pakistan. I wouldn't leave out Afghanistan, either. Bernanke's speech yesterday was full of distortions and platitudes to his own policies. We are exporting inflation, and it will not go lost on the Middle East. We turned on the printing press to cover the fraud which was our banking system. We are marching down a road often travelled, by failing governments. NO... I'm not predicting our government will fail... this year or next. However... get ready for the pain.
Democracy is a great idea. Greed is a bigger temptation. In the end... greed gets it all.
That's the way it's been... forever. That's the way it will be... forever.
Democracy is a great idea. Greed is a bigger temptation. In the end... greed gets it all.
That's the way it's been... forever. That's the way it will be... forever.
The Return
Well...
It's been a while. Lots of stuff has happened. Lots of stuff hasn't. Is that consistancy for you? Yep. Sure a hell is. While I've been taking some time to gather my thoughts, consolidate my feelings and prepare for armageddon... America has done... well... what?? Our government has certainly screwed the pooch... yeah, yeah... the Dow is over 10,000. I get it. But are YOU any richer? Is the world any better off? Is America "recovering" yet?
I think the answer to this is... well... you know. We are watching YOU, big brother. Look out.
It's been a while. Lots of stuff has happened. Lots of stuff hasn't. Is that consistancy for you? Yep. Sure a hell is. While I've been taking some time to gather my thoughts, consolidate my feelings and prepare for armageddon... America has done... well... what?? Our government has certainly screwed the pooch... yeah, yeah... the Dow is over 10,000. I get it. But are YOU any richer? Is the world any better off? Is America "recovering" yet?
I think the answer to this is... well... you know. We are watching YOU, big brother. Look out.
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