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alstry (35.42)

2010...Will Fools Get a Pulse

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January 02, 2010 – Comments (9)

As Motley Fool's and other businesses revenues evaporate into thin air(yippeee, a whopping $10,000 for charity comments...that is probably less than Donnernv donates by himself for his neighborhood pancake breakfast).....as banks cut off credit to the nation but the nation gives bankers unlimited credit.  As  Benny The B's zombulation policies draining America of its savings and handing it over to his banker buddies while telling you conditions are getting better........

Will America and Americans stand up to the Zombulator?????????????  You simply can't cut off credit  to an overleveraged economy dependent on credit and not expect the economy to implode without restructuring the debt in a fair and equitable manner.

If banks get to borrow money for free and pay no interest on savings, then the people should pay no more than 2% interest on every loan with a bank. 

The giant banks are treating the American Citizen like we work for them, are holding the economy hostage, and are taking our deposits and using them to speculate in casino style gambling.

They've bought and paid for Congress and the White House. See this, this and this.

Will Americans exercise our power, or become serfs to a permanent banking royalty?

An economist says the healthcare bill "is just another bailout of the financial system", and lawyers say that it is unconstitutional.

Will we defeat this giveaway to the insurance giants, or become permanent slaves to mandatory insurance requirements?

Top scientists, economists and environmentalists all say that cap and trade is a scam which won't significantly reduce C02 emissions, and will only help in making the financial players who crashed the economy even more wealthy.

Will we defeat this worthless scam, or allow the failed banks like Goldman Sachs, JP Morgan and Citigroup - who have already taken many billions of taxpayer dollars - to make a fortune off of this con game at our expense?

Will Americans reclaim our nation in 2010 from the thugs and con artists, or put our heads down and stay subservient while the little we have left in the way of money, resources and dignity is stolen by the giant banks, insurance companies and carbon trading players?

http://www.zerohedge.com/article/will-americans-reclaim-our-nation-2010-thugs-and-con-artists

We bail out the bankers and give the politicians unlimited free credit......and the people lose their jobs, lose their homes, and go hungry as incomes evaporate and the retirement accounts and pensions are silently drained.

9 Comments – Post Your Own

#1) On January 02, 2010 at 3:09 PM, alstry (35.42) wrote:

SOON IT WILL BE 200, THAN 400.......

There are almost 100 empty big-box retail stores in Los Angeles County, according to a study by Rizika. They have a combined total of 4.5 million square feet, or about 78 football fields' worth of vacant space for rent or sale. Most of that came from liquidated businesses Circuit City Inc., Mervyns and home furnishings chain Linens 'n Things Inc.

THAN THERE WILL BE NONE.....JUST LIKE DETROIT AS BENNY THE B AND HIS ZOMBULATION POLICIES SPREAD AND HE KEEPS TELLING YOU CONDITIION ARE IMPROVING

.....only if you are a Wall Street Bank and you have unlimited access to free money...but not if you are one of the following without similar access.....

http://www.dailyjobcuts.com/

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#2) On January 02, 2010 at 3:18 PM, alstry (35.42) wrote:

Get ready to be taxed practically everything you have.....

Cash-strapped communities take back corporate tax breaks

Luzerne County Pa. Passes a 10% Property Tax Increase

Tucson City Manager Mike Letcher Recommend a Temporary 2% Landlord Tax

When you cut off credit to a credit dependent economy.....pretty soon the money runs out.....and the only choice politicians have to maintain their income is to tax you.....as fewer and fewer can afford to pay taxes......more and more must be taxed from less and less......until there is no one left to tax.

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#3) On January 02, 2010 at 8:46 PM, alstry (35.42) wrote:

PUBLIC TRANSPORTATION SHUTTING DOWN.....AS BENNY THE B TELLS YOU THE RECESSION IS OVER

Public transportation will be more crowded and more expensive this year as big-city transit systems across the country respond to severe budget pressures.

Funding from state and local governments -- a key part of budgets for transit systems -- has been cut and ridership is down overall, prompting transit officials to trim service and raise fares at a time when many customers are pinched themselves.

http://online.wsj.com/article/SB126238967349812961.html?mod=WSJ_hpp_MIDDLTopStories

2010....WHEN IT HAPPENS........

AS CASH FLOW REACHES CRITICALLY LOW LEVELS.......TENSIONS ARE LIKELY TO EXPLODE

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#4) On January 02, 2010 at 9:42 PM, oshiri (< 20) wrote:

Caller Al . . .

     There are plenty of wars, and rumors of war on a low boil. Since PhotoOh has pointed me in the right direction, Alstrynomics has never shied away from a critical and timely review of what's out there. What may be interesting now is to try and connect some dots between the hitherto "War on Terror," Yemeni action, Af/Pak, uranium enrichment and Iranian riots, Comrade Chavez and Columbia, Mexican drug wars, and basing right struggles for the U.S. military in Asia.

     We also need to keep in mind rising U.S. protectionism vis-a-vis our creditors, and what our relationship is with various nations (including our creditors) post-Copenhagen. There are racial connotation on both sides of the Pacific, as well as North and South (that's hemispheric Fools, not the Mason-Dixon line).

Where does one begin?

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#5) On January 02, 2010 at 9:49 PM, oshiri (< 20) wrote:

And of course what bears asking too is . . .

     Graycliff, Padron, or 5 Vegas?

     Corona or Torpedo?

 :^D 

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#6) On January 02, 2010 at 10:51 PM, alstry (35.42) wrote:

Here is a little insight on what is really going on from Mish's blog:

Email From Afghanistan on "Waste of War"

On New Years' eve I exchanged emails with "BP", a soldier in Afghanistan regarding Vermont State Employees Union Votes For 3% Pay Cut.

"BP" just pinged me again with ...

You really need to do something on the waste of this war. Foreign contractors are everywhere you look.

KBR must have 4 civilians for every military member. There are a few American contractors but most seem to be Foreign nationals. Philippine nationals are everywhere. I'm sure they get paid peanuts so the KBR shareholders get their return.
56,000 More Contractors Likely

Please consider Up to 56,000 more contractors likely for Afghanistan, congressional agency says.
The surge of 30,000 U.S. troops into Afghanistan could be accompanied by a surge of up to 56,000 contractors, vastly expanding the presence of personnel from the U.S. private sector in a war zone, according to a study by the Congressional Research Service.

CRS, which provides background information to members of Congress on a bipartisan basis, said it expects an additional 26,000 to 56,000 contractors to be sent to Afghanistan. That would bring the number of contractors in the country to anywhere from 130,000 to 160,000.

The CRS study says contractors made up 69 percent of the Pentagon's personnel in Afghanistan last December, a proportion that "apparently represented the highest recorded percentage of contractors used by the Defense Department in any conflict in the history of the United States."Immense Waste In Unwinnable War

Thanks "BP". Yes the waste of this war is immense. One of the best pieces I have seen lately mentioning the war is from Howard Kunstler's Forecast 2010.
Geopolitics

The retracement of oil prices in 2009 took place against a background of relative quiet on the geopolitical scene. With economies around the world sinking into even deeper extremis in 2010, friction and instability are more likely. The more likely locales for this are the places where most of the world's remaining oil is: the Middle East and Central Asia. The American army is already there, in Iraq and Afghanistan, with an overt pledge to up-the-ante in Afghanistan.

It's hard to imagine a happy ending in all this. It's increasingly hard to even imagine a strategic justification for it. My current (weakly-held) notion is that America wants to make a baloney sandwich out of Iran, with American armies in Iraq and Afghanistan as the Wonder Bread, to "keep the pressure on" Iran. Well, after quite a few years, it doesn't seem to be moderating or influencing Iran's behavior in any way.

Meanwhile, Pakistan becomes more chaotic every week and our presence in the Islamic world stimulates more Islamic extremist hatred against the USA. Speaking of Pakistan, there is the matter of its neighbor and adversary, India. If there is another terror attack by Pakistan on the order of last year's against various targets in Mumbai, I believe the response by India is liable to be severe next time, leading to God-knows-what, considering both countries have plenty of atom bombs.

Otherwise, the idea that we can control indigenous tribal populations in some of Asia's most forbidding terrain seems laughable. I don't have to rehearse the whole "graveyard of empires" routine here. But what possible geo-strategic advantage is in this for us? What would it matter if we pacified all the Taliban or al Qaeda in Afghanistan? Most of the hardest core maniacs are next door in Pakistan.

Even if we turned Afghanistan into Idaho-East, with Kabul as the next Sun Valley, complete with Ralph Lauren shops and Mario Batali bistros, Pakistan would remain every bit as chaotic and dangerous in terms of supplying the world with terrorists. And how long would we expect to remain in Afghanistan pacifying the population? Five years? Ten Years? Forever? It's a ridiculous project.

What's more, our presence there seems likely to stimulate more terror incidents here in the USA. We've been supernaturally lucky since 2001 that there hasn't been another incident of mass murder, even something as easy and straightforward as a shopping mall massacre or a bomb in a subway. Our luck is bound to run out. There are too many "soft" targets and our borders are too squishy. Small arms and explosives are easy to get in the USA. I predict that 2010 may be the year our luck does run out. ...

FWIW.....Based on the recent ramp up in frequency........liklihood for disruptions seem to be growing....especially in light of cash flow declines around  the world.

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#7) On January 02, 2010 at 11:52 PM, oshiri (< 20) wrote:

Semapi Al . . . 

     Again, where does one begin?

     Perhaps we simply look at your point, "What would it matter if we pacified all the Taliban or al Qaeda in Afghanistan?" Exactly! Does it change anything if we squeeze the toothpaste from the bottom, while the seams are full of holes?

     Events are pointing towards a coming seismic shift, or a forced/necessary movement caused by violent events -- that being from our current Pax Americana toward Fortress America. The possible large scale, or simultaneous, destruction of soft U.S. targets in 2010 will cause a public outcry for world-wide retreat. Combine this with the spiral of international events as outlined in the above comments, and you're right on it -- "friction and instability" will never be greater.

     We could muse at length on what we see as soft targets causing serious problems for America, but this isn't the place or forum. All that needs to be said is, most of the People Magazine reading public is in for a rude awakening, and extreme pressure will be brought to bare on politicians to, as always, do something after the fact. Anyway . . .

     It thus becomes, how does this Government, its bankers, its creditors, and its citizens react when (not if) we get hit again? Cappers'll need to pin their financial calculations on, what you point out is, the end of the world as we know it -- that's the economy, lifestyles, geo-/national politics, personal security, consumption, and so on. Perhaps a good read of the fall of empires might help?

     Short of that, start thinking about who, what or where is the vacuum filled once it all contracts?

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#8) On January 03, 2010 at 12:14 AM, alstry (35.42) wrote:

No one really knows....with a China's mutual defense pact with Iran....this can't help any.....

The United States and China are headed for a rough patch in the early months of the new year as the White House appears set to sell a package of weapons to Taiwan and as President Obama plans to meet the Dalai Lama, U.S. officials and analysts said.

The Obama administration is expected to approve the sale of several billion dollars in Black Hawk helicopters and anti-missile batteries to Taiwan early this year, possibly accompanied by a plan gauging design and manufacturing capacity for diesel-powered submarines for the island, which China claims as its territory. The president is also preparing to meet the spiritual leader of Tibet, who is considered a separatist by Beijing. Obama made headlines last year when the White House, in an effort to generate goodwill from China, declined to meet the Dalai Lama, marking the first time in more than a decade that a U.S. president did not meet the religious leader during his occasional visits to Washington.

The expected downturn with Beijing comes despite a concerted effort by the Obama administration for closer ties. U.S. officials have held more high-level meetings with their Chinese counterparts -- including a summit in Beijing in November -- in the first year of this administration compared with the inaugural years of the four previous presidencies since relations were normalized with Beijing in 1979, records show.

"I think it's going to be nasty," said David M. Lampton, director of China studies at the Johns Hopkins School of Advanced International Studies

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/02/AR2010010201751.html

These are the kind of variables most analysts fail to consider....until it bites them in the backside.

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#9) On January 03, 2010 at 1:16 AM, oshiri (< 20) wrote:

Alster -- 

     I'm afraid our President is going to be forced, by the strange bed-fellows of the unions and bankers (re. his constituency), into poor decision making. Short-term there will be rising protectionism against Asia, Europe, and South America (think BRICs). However, I don't quite see it as a show down with solely the Chinese.

     The Chinese are an easy target for this President right now, and forgive me for going slightly astray, but I must also bring up a racial component from the Chinese side. You can review scholarly writings on Chinese racial prejudice based solely on skin color -- see Frank Dikötter for example . . .

 http://books.google.com/books?id=Ys5oy66VjisC&pg=PA12&lpg=PA12&dq=racial+discourse+in+china&source=bl&ots=yb_xvYJZTc&sig=Po047xmeA2wIlhixbPJxzIXBrqU&hl=en&ei=RC5AS6DIIYWesgPi5ei8BA&sa=X&oi=book_result&ct=result&resnum=4&ved=0CBsQ6AEwAw#v=onepage&q=racial%20discourse%20in%20china&f=false

     The Chinese view our President as inferior, but they do not view America as inferior. Big distinction. The ruling Chinese Communist Party also views stability as their top priority. They do not take risks, they take advantage. They are extremely patient and will wait us out, even over Taiwan. Eventually this island will be part of China just like Hong Kong and Tibet, without firing a shot. A few companies in America make money selling weapons to Taiwan, however many-many more companies are making large sums of money in cross-strait trade between Taiwan and the mainland. Money talks and time is on the Chinese side.

     President Obama came into office with a proactive, talk to everyone, agenda. This has not worked, and America is just following events, not leading them. As you rightly say, 2010 will be a watershed. It will be event, after event (foreign and domestic), with our Government simply reacting to the calamity.  And anyone who thinks this Government has or will respond in the people's interests, doesn't know Washington.

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