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alstry (35.71)

5+5=10.....Ten is a Magic Number....5/5/10 The Digital Age Begins

Recs

20

April 29, 2010 – Comments (15)

How much debt can Fools buy from Wall Street before there is simply no money left.......it appears the money is running out around the world.

Do you really think the Greek workers will accept a 30% paycut so their country can get a loan without starting a civil war?

Do you think debt burdened America can function with tax receipts evaporating, construction down 80%.......and banks sucking the cashflow from the nation?

As Alstrydomous forecasted.......Real Estate will become worthless in the Digital Age.

Redmond, WA Condo Association Votes to Mass Default

According to Mish:

By the way, assuming every owner walks, and assuming those loans are widely spread out among lenders, it will be impossible to sell those units. The entire building could be worthless.

I will not blog again until 5/5/10 or general acceptance of the start of The Digital Age........Alstrymous is confident that you will know when it arrives....where knowledge is wealth.

 

15 Comments – Post Your Own

#1) On April 29, 2010 at 5:55 PM, alstry (35.71) wrote:

Should We Still Call It Milwaukee Iron????

And its stock is UP about 500% in the past year?????

And it borrowed about a billion from Buffet and your investment managers........??????

It is about time the Digital Age arrives....don't ya  think?

Harley-Davidson Inc. management informed employees Thursday that it is in the midst of a study to determine whether it is financially feasible to keep manufacturing operations in Wisconsin.

At stake is nearly 1,700 jobs, including more than 1,300 in metropolitan Milwaukee. The company (NYSE: HOG) said it prefers to keep production in Wisconsin but is prepared to “explore alternate U.S. locations” if it can’t do enough to improve the efficiency and cost competitiveness of its Wisconsin operations, spokesman Bob Klein said.

“We continue to look across all operations to achieve flexibility long term,” he said.

The company’s first-quarter profits dove nearly 72 percent on sluggish motorcycle sales.

Harley-Davidson has a Kansas City plant with about 400 employees, and last year it had considered Kansas City a possible site for a Harley plant, though it ended up keeping those functions in York, Pa., after workers there agreed to big concessions.

Earlier this year, Harley-Davidson began an intensive examination of its Wisconsin operations in Menomonee Falls and Tomahawk, Klein said. Employees at both of those facilities are being informed of the process during “town hall” meetings being held during all shifts at the plants.

Milwaukee-based Harley-Davidson already is in the process of consolidating its powertrain production at the Menomonee Falls factory, which will lead to the closing of a factory in Wauwatosa, Wis.

Despite the consolidation, “significant gaps” remain in the competitiveness of Harley-Davidson’s Wisconsin operations, Klein said.

Harley-Davidson management has been working with local union leaders to address the issues, he said.

The primary concerns are tied to labor costs and operational flexibility, he said.

Harley-Davidson is in the midst of a big restructuring of its motorcycle assembly operations in York, Pa., which includes cutting the nearly 1,950-person work force to about 1,000 hourly employees. Several buildings at the York complex are being shuttered as a result of the outsourcing of non-essential operations.

Harley-Davidson considers leaving Wisconsin plants for other U.S. sites - Kansas City Business Journal:

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#2) On April 29, 2010 at 6:03 PM, miteycasey (84.44) wrote:

What happened to 09/09/09???

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#3) On April 29, 2010 at 6:18 PM, alstry (35.71) wrote:

9.09 YOU KNEW When We Bailed Out the Bankers and Not the Debt....The Industrial Age and the World As You Know It Would Be Over..that is if you had any kind of awareness.

11.10.9 YOU BEGAN TO FEEL the effects as we started closing down schools and firing health care workers..two key drivers of employment in America. 

1.01.10 IT HAPPENED......Cities, Counties and States..who collectively employ over 15,000,000 people started to execute mass layoffs, wage cuts, and furloughs as tax receipts evaporated and continue to decline.

Now constuction is down to a trickle....Auto Sales are limping along at decades old pace......and debt is defaulting at unprecedented levels....despite MASSIVE borrowing and spending by government and Wall Street from your retirement and investment accounts.

Our collective investment accounts only have so much money to loot from....after enough time....it's gone.  If you don't believe me, just ask any of Madoff's clients.

5.05.10  The Digital Age begins and Alstrymous will help guide you through the convulsive process.

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#4) On April 29, 2010 at 7:16 PM, RonChapmanJr (98.18) wrote:

-1 rec

You do realize that 5/5/10 is just a week away, right?

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#5) On April 29, 2010 at 8:26 PM, Varchild2008 (84.39) wrote:

I would think 10/10/10 would the Digital Age as if 10 is the magic number well...ain't any more 10s than that this year Alstry!

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#6) On April 29, 2010 at 8:29 PM, alstry (35.71) wrote:

Yes......

U.S. considers criminal charges for Goldman: WSJ

When God is going to be charged criminally...that is a sign from heaven.

Japan March consumer prices down 1.2% year-on-year

When unlimited printing can't stop deflation...that is a sign from earth.

Union officials told Reuters on Thursday the International Monetary Fund had asked Athens to raise sales taxes, scrap bonuses amounting to two extra months of pay in the public sector, and accept a three-year pay freeze.

A 15% pay cut......

Other measures in the 24 billion euro package include raising the retirement age from an average of 53 to 67

While bankers are getting billions in bonuses and they are insolvent??????  And you think the Greeks are going to accept this without rioting and/or civil war????

You simply don't know the Greeks....instead of being sheep, they eat sheep....ooooopaaah!!!!!!  Welcome to the Digital Age.

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#7) On April 29, 2010 at 8:41 PM, alstry (35.71) wrote:

Welcome To The Digital Age.....Make This Viral.....

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#8) On April 29, 2010 at 8:59 PM, atarigod (< 20) wrote:

Stupid Goldman Sachs!!!! You ruin everything yet again, after I just covered my shorts today!!!!!!!!! Im sick of it! Where should I put my money Alstry? There is NO safe place to put it!

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#9) On April 29, 2010 at 9:16 PM, alstry (35.71) wrote:

It is sorta strange....

The World Governments are on the verge of financial meltdown.....

Wall Street and Washington siphoning out the last few pennies from our retirement and savings accounts

City, County and State government are on the verge of running out of cash

The only thing keeping America out of a massive depression is Obama and Wall Street spending trillions each year of borrowed  money

And Fools are still wondering where it is safe to put money......

Silly Fools, money is not money anymore...it is a note that is on the verge of default.....havn't you figured that out yet?

It took Madoff's clients about thirty years...so maybe I should take it easy on the Fools.

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#10) On April 29, 2010 at 9:17 PM, atarigod (< 20) wrote:

Perhaps someone had some very keen insight on Tuesday when the VIX EXPLODED up over 30%. Also, the following article sheds light on a BIG RED warning sign.

http://www.bloomberg.com/apps/news?pid=20601087&sid=ajWp9v9lwh38&pos=2

If you remember the past, the credit markets foreshadowed the great collapse in the stock market.

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#11) On April 29, 2010 at 10:02 PM, nuf2bdangrus (< 20) wrote:

Buy gold.  CEF.  MIners.  PHYS. 

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#12) On April 29, 2010 at 10:05 PM, atarigod (< 20) wrote:

I have some gold like all portfolio's should but Im not about to put all my money into gold, that would be ridiculous.

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#13) On April 30, 2010 at 1:40 AM, ralphmachio (24.44) wrote:

With no solutions, and no real indication of what the digital age actual has in store for us, I'm trying to figure out the motivation behind hyping this digital age (which would be nothing but a memory with one electromagnetic pulse). With enough panic, and not much in the way of productive solutions, I question your purpose. With fear and no proactive way to deal with it, Alstry promotes helplessness. I just wonder if it is working on anyone. You have almost the same MO as Alex Jones, who works for the establishment by speaking against it. You have done nothing to prove that you are not, in fact, a disinformant. I know you will erase this, and thats fine, cause I'll be back when you put out a new one. 

With so many using this service for impure agendas, we must wonder whether you are in your mother's basement, or getting paid for spreading fear, or both.

Plain and simple- if you don't know what's going to happen, shut up! If you do, then maybe you should explain what it is that you know. You are so full of $#!T that if I was to step on your toe, it would ooze out your ears. After your first prediction - 9/9/09, we should have done the digital age equivalent of tar and feathering you. But, alas, there is no need, because you seem so proficient at administering the tar and feathers to yourself! 

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#14) On April 30, 2010 at 8:26 AM, 4everlost (30.43) wrote:

Alstry,

If I could give you more than 1 rec I would; but, alas, I have only 1 rec to give...#10 in this case.

I rec every one of your posts, mainly 'cause I get such a chuckle.  I enjoy how they aggravate so many people.

Keep up the good work - I am eager to see what your next persona is going to be.

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#15) On May 01, 2010 at 12:11 AM, atarigod (< 20) wrote:

+1 to #14, I too enjoy all of Alstry's posts due to polarizing effect they pose. I got to hand it to ralphmachio though, "we should have done the digital age equivalent of tar and feathering you", I literally laughed out loud at that one.

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