Use access key #2 to skip to page content.

alstry (35.71)

9.09 One Million PROTEST!!!!! OVER ONE MILLION????

Recs

23

September 14, 2009 – Comments (37)

A million march to US Capitol to protest against 'Obama the socialist'

http://www.dailymail.co.uk/news/worldnews/article-1213056/Up-million-march-US-Capitol-protest-Obamas-spending-tea-party-demonstration.html

Some estimates are as high as 2 million.  A protest of that size questioning government is BIG.....I believe it is the biggest ever...even bigger than Vietnam.....but NOT Alstry BIG for the purposes of 9.09.

In 9.09, you will realize the domestic consumption economy that America was built around over the past fifty years is being systematically destroyed by Zombulation policies.  You will realize that most of our jobs are really not needed in a savings economy....and the only reason most of us are working right now is because Obama is spending money that does not exist.

Soon you will realize that running such deficits is simply not permissible in the modern currency age without consequences.  Today, the IMF forced Serbia to release 20% of all government workers.  If governments could simply print money to satisfy its populations....money would lose its scarcity and its legal relevance.  The banks could never allow that to happen...especially to the world's reserve currency....otherwise we would have to abandon it.....and that would be catastrophic for a nation that produces relatively very little for such a large population with a high standard of living.

NOW....

Our cities, counties and states are now starting to cut in 9.09.

So are the hospitals and health care clinics.

Together they account for over 50% of GDP.

Look around you....most of your friends either work for government or to simply support the consumption economy.  Benny B is rapidly killing it with his Zombulation policies.  He is telling you we must save....and accomplishing by banks cutting off credit and raising interest rates to the private economy and bailing out his banker buddies.

Could you belive that story about the insolvent Wells Fargo banker moving into the insolvent homeowner's house in Malibu???

The funny part is by tightening credit and raising interest rates...banks are butressing the certainty that massive amounts of loans will default insuring unprecedented losses to our banking system, insurance companies, and retirement plans.....not to mention an evaporation of tax recepts to the biggest consumer of them all....our federal, state and local governments.

Expect massive municipal defaults in upcoming days, weeks and months!!!!

It is not Doom and Gloom....simply the end of the consumption economy that we have all lived in for the past 50 years.  It is being extinguished by that consumption economy terrorist....Benny B and his Wall Street taxpayer bailed out Banker Buddies.

When you think about it...if Americans are not consuming in America....we really don't produce very much and sell to others like Japan or other Asian countries.....hurry up and start saving.....soon 80-90% will have nothing to do!!!!

Look on the bright side, if we don't restructure...some enterprising entreprenuer can figure out what is next.....otherwise we can fight if we have to....

 

37 Comments – Post Your Own

#1) On September 14, 2009 at 6:05 PM, alstry (35.71) wrote:

WHEN A NATION'S ECONOMIC SYSTEM REWARDS DECAY....INEVITABLY, THE ECONOMY DECAYS!!!!!!

Moody's lowered Mohawk's non-investment grade rating of its senior unsecured notes to 'Ba2' from 'Ba1.' The ratings agency affirmed all other existing ratings, and kept the company's outlook as negative.

The ratings agency said the downgrade of the unsecured notes resulted after the Calhoun, Ga.-based company replaced its two unsecured revolving credit facilities with a new 4-year Asset Based Lending revolver. The new facility has security on the company's most liquid assets: inventory and accounts receivable.

"Inclusion of a $600 million secured obligation in the company's capital structure increases the potential loss of unsecured creditors in a default scenario as the ABL lenders would have priority over the unsecured lenders" said Kevin Cassidy, a senior credit officer for Moody's.

Shares of Mohawk added 19 cents to $49.13 in afternoon trading.

Report this comment
#2) On September 14, 2009 at 6:11 PM, jason2713 (< 20) wrote:

You mean this 12million dollar property?

Report this comment
#3) On September 14, 2009 at 6:22 PM, Lennyg02 (< 20) wrote:

uhh, it was more like 20-30 thousand nutjobs protesting (50 at most, I live in DC, I know).  It wasn't even close to a million (it wasn't even 1/10 of that).   Just because you and a bunch of lazy "journalists" say a million, doesn't make it so... and where was this "million" when the last administration was spending money non-stop??  This is all about a bunch of idiots not being able to accept the fact that Obama is president, it has nothing to do with excessive spending by the government (that has been going on forever), healthcare, or any other policy-specific thing.

http://www.cbsnews.com/stories/2009/09/12/politics/main5305732.shtml?tag=pop

Report this comment
#4) On September 14, 2009 at 6:26 PM, alstry (35.71) wrote:

As I said, its BIG....but not 9.09 BIG.

Report this comment
#5) On September 14, 2009 at 6:38 PM, prose976 (< 20) wrote:

Obama and his sheeple are the only nut jobs that stand out in this story.  I guess you're one of them Lenny?

Report this comment
#6) On September 14, 2009 at 6:42 PM, motleyanimal (84.17) wrote:

The notable quality of this protest is that they are not unemployed rabble, but seem to be middle/working class people, presumably with jobs and health insurance they want to protect.

 

The Mohawk action looks like a company that is restructuring its debt. Isn't that something you advocate several times a day?

 

Alsty writes: "Expect massive municipal defaults in upcoming days, weeks and months!!!!"

Would you care to offer some examples?

Report this comment
#7) On September 14, 2009 at 6:43 PM, lquadland10 (< 20) wrote:

I did find a glimmer of hope. I bought a glass cup that was made in the good old USA. Now if we can get rid of Nafta and Cafta and all the other trade give aways.

Report this comment
#8) On September 14, 2009 at 6:57 PM, dbjella (< 20) wrote:

Lennyg02 

I don't think this is just a bunch of idiots and wish you would take that back.  I am an idiot by the way :)  I really thought Obama would be different, but this is more of the same.  Obama is not much different than Bush I really don't see it.  

This nation is broke.  That's it for me.  We are broke.  Do I blame Presidents? Yes, but they sign spending bills; congress creates them :(

Everyday I worry more and more for my children as I don't feel our debt is sustainable.  I wish you felt differently. 

Report this comment
#9) On September 14, 2009 at 6:57 PM, topsecret09 (36.83) wrote:

  Great link Alstry....  Now If the AMERICAN PEOPLE could just get the MAINSTREAM NEWS MEDIA to crawl out from under the rock they are hiding under to give this"TEA PARTY" the coverage that It deserves. I guess all the ELITES In congress think that this will just go away... THER'E WRONG !! 

Report this comment
#10) On September 14, 2009 at 6:58 PM, Lennyg02 (< 20) wrote:

OK, prose, then where were you when the last administration was spending without care? 

 I've actually thought about it, instead of listening to what glen beck cries about (who's the sheeple?).  I see first hand what corporate controlled healthcare does (I work in healthcare, so i'll use it as an example).  It drives up costs, puts healthcare decisions in corporate hands (don't think that in our current system the doctor and patients get to make their healthcare decisions), and forces those without healthcare to show up in the ER for their everyday treatment (and you have to pay for it).  All I hear from the "million" is that Obama is a nazi or he's a socialist (without any rational arguments against his policies or an alternative).  What's your policy for fixing healthcare (or the economy for that matter)?  It definately can't be sustained the way it is.

Report this comment
#11) On September 14, 2009 at 7:01 PM, alstry (35.71) wrote:

KISS THE OLD ECONOMY GOODBYE!!!!!!!!!!!!!!!!!

PRETTY SOON, MOST OF THE ECONOMY WILL BE ON THE GOVERNMETN DOLE OR WELFARE AS FEW PRIVATE JOBS ARE BEING CREATED..!!!!

Kraft Foods is slashing its supply chain costs by $300m - a decision that Leatherhead Food International predicts will dramatically affect suppliers and could result in casualties.

Market research analyst Chris Brockman estimated that about 30,000 companies could be affected across ingredients and packaging. Brockman said: “You’re looking at a dramatic effect on the supplier base, leading to consolidation at that end as well.”

The analyst predicted that some types of supplier will be affected more than others. He said: “This will affect most strongly a firm that is a big player in its own market, but not on the world stage. That type of company is likely to be caught up in the middle ground where there might be casualties.”

Weak economy to spark further consolidation

Brockman said Kraft’s move was a response to the weak global economy, as was its bid for UK-based confectionery giant Cadbury earlier this week, which would grow its presence in confectionery in the European market.

He said Kraft’s announcement of its cost-cutting strategy was an indication of how the state of the economy was affecting even global players in the food and beverage industry.

He predicted further supplier consolidation in the industry across Europe in the coming year: “You are starting to see some big announcements like this, which haven’t been around for the past 12 months. I think you can anticipate more of that coming from food companies in the next 12 months or so.”

Kraft outlines its plans

Kraft Foods confirmed plans earlier this week to cut the number of its strategic suppliers and reduce costs across the company through a range of other initiatives.

http://www.foodnavigator-usa.com/Financial-Industry/Thousands-of-suppliers-threatened-by-300m-Kraft-cutbacks

IF YOU CUT ENOUGH...THERE AIN'T MUCH LEFT TO CUT.

Report this comment
#12) On September 14, 2009 at 7:04 PM, topsecret09 (36.83) wrote:

http://www.ireport.com/docs/DOC-327868

Report this comment
#13) On September 14, 2009 at 7:09 PM, Lennyg02 (< 20) wrote:

dbella, I agree that the nation is broke and I agree with out that Obama is not doing that great a job at controlling it.  But, the arguments against his policies are not constructive.  They just say no without providing an alternative or even giving a good reason why they disagree with his policies (no matter what it is, they say no).  The same people rallied behind Bush and called those who protested unamerican.  This isn't about spending.  If it was, rather than calling Obama names, they would provide a reasonable argument against him or a reasonable alternative to his ideas.  Holding up pictures of Obama as a Nazi, crying about "death panels" and disrupting meetings is what idiots who have no rational arguments do.

Report this comment
#14) On September 14, 2009 at 7:38 PM, debtRichQuick (< 20) wrote:

Alstry in all fairness I think you're reaching here. Yes, your point that America is beginning to wake up makes sense, but using this "National Enquirier" type news cast to make your point makes it look like you're reaching for straws. First off, they say as many as 1MM, then they go on to show us a photo titled "tens of thousands of people..." Why not hundreds of thousands if the aggregate is 1MM??

I'm not sure why it is that the entire republican party these days reminds me of Oakland Radiers fans. What is it with these people.

I do understand your point, but I think we should stick to accurate news media outlets if possible.

Report this comment
#15) On September 14, 2009 at 7:47 PM, alstry (35.71) wrote:

debt,

The exact number really doesn't matter....as you may know, I probably had a more caustic perspective on Bush.

The focus on this post is the Zombulation policies of cutting off credit and raising interest rates to families and small business while bailing out Wall Street.

The effect will be to destroy our economy as we know it and we are getting much closer as the layoffs are really starting skyrocket.

5500 at Lilly today....

Almost 4000 for the State of New York...and hundreds at other municipalities arround the nation...just today.

What is strange right now is practically every segment of the economy is contracting and cutting back....but the fixed expenses remain the same....at some point....this will cause our system to fail as more and more become dependent on fewer and fewer.

America was defined by the many having enough....when it is only the few....our entire infastructure will implode.

Report this comment
#16) On September 14, 2009 at 7:48 PM, mawnck (< 20) wrote:

What the conservatives have got to understand is that the progressives are on your side with this one.

But if you think they're attend a rally with that bunch of sign-waving inbred redneck ignorant hysterical spelling-challenged birther goobers, you're crazy.

If you agree with Alstry, then you better hope and pray there is as little mainstream media coverage of that 9/12 tea party fiasco as possible.

Report this comment
#17) On September 14, 2009 at 7:54 PM, Varchild2008 (84.02) wrote:

If CHINA starts selling off their U.S. Bonds in protest against the Tire Tariff or ther drastic measures...

Uhm....

Can you say......OVER NIGHT COLLAPSE!

So 9.09 is real!!!! scary stuff..... 

Of course stock market will continue to trade up as more and more cashola gets dumped into TSP accounts and VANGUARD mutual funds and so on.

Report this comment
#18) On September 14, 2009 at 7:54 PM, alstry (35.71) wrote:

debt,

quick follow up....

I believe the anger we are seeing is more about economic distress and not about any specific Obama policy.

Before we can address any issue, we must address the fact that our nation is broke and running a $2 Trillion dollar deficit and GROWING.

Unless we do, the anger will continue to grow regardless of the issue because anger is a direct byproduct of economic stress.

When people are stressed enough, they will invent anger if they have to.....just watch the anger explode in 9.09...ON BOTH SIDES!!!!...as money runs out and few are working.

Report this comment
#19) On September 14, 2009 at 7:56 PM, Varchild2008 (84.02) wrote:

"But if you think they're attend a rally with that bunch of sign-waving inbred redneck ignorant hysterical spelling-challenged birther goobers, you're crazy."

Birthers are not necessarilly conservatives.... Truth is I don't know what they are.... Crazies??? 

I take offense though to anyone thinking Birtherism represents Conservatives as if Trutherism represents Liberals.

Report this comment
#20) On September 14, 2009 at 7:59 PM, prose976 (< 20) wrote:

First and foremost Lenny, we should spend hundreds of millions, maybe even billions to secure the borders, round up the illegals, give them one-way tickets back home, and get back to square one in this country.

Once those drains on our healthcare system are no more, then we can focus on getting all the fat cut from our social programs, get people working (even if they think it's below their payscale or demeaning in some fashion), and get back to basics.

Next, we scale back elected official pay, privileges and benefits so it's not so inviting to dig in as a public servant, resulting in faster rotation in our public offices.

Then, we get rid of all but the the very basics for prisoners, making it even less inviting to become one in the first place or to do something that may land you back there.

I can go on and on, but I think you get the gist of where I'm going with this.  Government just piles new, "better smelling" cr*p on top of the old stuff, hoping the old stuff will just go away or be forgotten.  Meanwhile, it rots under there and is rotting away the foundation of this country.

Obamacare is not about real reform, it's about government mandating a tax, collecting from every citizen, money that will go into a fund that will be paid out of when anyone needs it for health care.  We all know that Social Security will be bankrupt soon.  Obama has said it over and over that the country will go bankrupt without Obamacare.  Guess why?  He needs the money to cover Social Security shortfalls.  He won't say that, but it is reality.

So, you see, Obamacare is a way to rob you and me to pay somebody else.

If Obama really wants positive change and positive reform, he'll start by working to restore the fundamentals and foundation of the United States of America to its former glory, not just painting over, the foundation of our great country.

Obama is like a kid who has had a blast borrowing, riding and showing off with his friend's bike for his whole childhood.  Then, at some point he decides that his friend's bike is not good enough any more.  So he asks the other kids in the neighborhood to give hime money to buy a new bike and to trash the very one he's been enjoying all those years.  But he tells the kid who owns it that because other kids in the neighborhood have contributed to the new bike, that it's not really his anymore, and that all the other kids now have claim to it.  And he'll tell each of them when, how long and where they can ride it.

Report this comment
#21) On September 14, 2009 at 8:02 PM, motleyanimal (84.17) wrote:

But...But...But...Alstry wrote that we should: "Expect massive municipal defaults in upcoming days, weeks and months!!!!"

If this is true, and we have no reason to doubt the word of the great Alstrydomus, then the whole thing is over. Run to your caves! Trade your daughters for gasoline! Load your guns! Cook the chihuaha!

THE END IS HERE !!!

Report this comment
#22) On September 14, 2009 at 8:08 PM, awallejr (81.50) wrote:

So which was it?  One million or 20-30,000?  And don't say the exact number doesn't matter when you  type "one million" protest and then "over one million" in your headline and then further suggest 2 million..

Report this comment
#23) On September 14, 2009 at 8:14 PM, alstry (35.71) wrote:

awa...there are a number of news sources that have reported the 1 to 2 million number...from the picture and having been in the area a lot...it is clear it was many tens of thousands.

Just like the many tens of thousands layoffs we are seeing every week....creating millions of very stressed and very angry Americans....regardless of the reason.

If you count the independent contractors and those living paycheck to paycheck...we have NEVER had this many finanicially stressed Americans...EVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Report this comment
#24) On September 14, 2009 at 8:18 PM, awallejr (81.50) wrote:

Yeah well I read a headline from some rinky dink website and all they show is a picture  thousands. If a million or  2 were there I am sure we would have seen an aerial shot.  Ah well another exaggeration to add to the list.

Report this comment
#25) On September 14, 2009 at 8:29 PM, janis1023 (< 20) wrote:

Lennyg02  I agree with you 100%.  The only explanation I can imagine as to why so many people seemed to miss all the outight lies and total bumbling of the Bush administration is that they all watch Fox so-called "news" and never heard a discouraging word.  My Mom so brilliantly taught me that whatever "they" are accusing you of, "they" did.  Talk about Nazis.....

Bush followed the Nazi playbook to the letter...keep people fearful and they will let you get away with illegal wire taps, demonize someone long enough(Sadam)  and the people will think it's OK to Shock and Awe them by bombing Iraq back to the stoneage, guarding the oil and letting the history of mankind be stolen and destroyed.

The Bush administration did so much wrong and told so many lies it's impossible to list them all.   Bush swore to uphold the Constitution but he and Rumsfield and Cheney just used it for toilet paper.   They should all be prosecuted to the full extent of the laws they broke.

Yet these Republicans call Obama a liar afer supporting a buffoon the lied us into a war where our sons and daughters have died and some have lost body parts and some have lost their minds? 

Are you getting yet why Republicans lost the presidential election and so many seats in Congress?????

Report this comment
#26) On September 14, 2009 at 8:32 PM, alstry (35.71) wrote:

awa,

I want to thank you for your faithful following..you have truly made the Alstry project worth while.  You emphsize the importance of Alstrynomics and its need in a disinfomation society.

Report this comment
#27) On September 14, 2009 at 9:32 PM, AvianFlu (35.40) wrote:

The way out of this mess is to embrace the Libertarian philosphy. It is a rational viewpoint and benefits all members of society, from the downtrodden to the rich. In my view, both major parties have major weaknesses which are primarily excessive taxation and intrusion into individual's personal freedoms. For anyone who is interested in details about the Libertarian viewpoint I would suggest going to YouTube and checking out some Milton Friedman videos. I wish he were still alive. All government creates a burden on the economy. Of course, some government is necessary. Still, the smaller the government the less burden for those of us who have to pay for it.

We pay a lot for government services.
Question: Are you getting your money's worth?

Report this comment
#28) On September 14, 2009 at 9:48 PM, awallejr (81.50) wrote:

My points are going to cross yours soon too Alstry.  4 trading days left for the DOW to meet your prediction of 5,000-2,000 by end of summer.

Report this comment
#29) On September 14, 2009 at 9:53 PM, Lennyg02 (< 20) wrote:

First and foremost Lenny, we should spend hundreds of millions, maybe even billions to secure the borders, round up the illegals, give them one-way tickets back home, and get back to square one in this country.

 

prose, if you think this is the major reason why we're having problems with our economy and healthcare, then you've got a lot of research and reading to do (and not foxnews-type reading).  It's easy to find a scapegoat.

Report this comment
#30) On September 14, 2009 at 9:57 PM, soycapital (< 20) wrote:

Bush followed the Nazi playbook to the letter...keep people fearful and they will let you get away with illegal wire taps, demonize someone long enough(Sadam)  and the people will think it's OK to Shock and Awe them by bombing Iraq back to the stoneage, guarding the oil and letting the history of mankind be stolen and destroyed.

The Bush administration did so much wrong and told so many lies it's impossible to list them all.   Bush swore to uphold the Constitution but he and Rumsfield and Cheney just used it for toilet paper.   They should all be prosecuted to the full extent of the laws they broke.

This kind of drizzle is what feeds the idiots out there folks, let's all grow up and have a meaningfull conversation!

Report this comment
#31) On September 14, 2009 at 10:01 PM, bullnada (< 20) wrote:

AL,

ON A LOCAL RADIO SHOW TODAY A MAN WHO CLAIMED TO HAVE WORKED FOR TONY ROBINS FOR 13 YEARS SAID OBAMA HAS MET WITH TONY ABOUT HYPNOSIS AND HIS LAST PUBLIC SPEECH WAS TONY TO THE TEE.  WHAT DO YOU THINK? CONSPIRACY THEORY?

Report this comment
#32) On September 14, 2009 at 10:02 PM, bullnada (< 20) wrote:

Sorry for the caps lock. Patron silver chilled!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Report this comment
#33) On September 14, 2009 at 10:18 PM, jason2713 (< 20) wrote:

I'm honestly not into taquilla, or conspiracy theories, but facts.

The more I see Alstry blog, the more what I suspected was going on comes to light.

My father has been telling me this since 2001, as far as where our country was headed, after the .com bubble.  He told me not to purchase my house forwarding me countless articles, yet I didnt listen.  I'm now 100K in negative equity in my home.

His money has been in gold, and canadian currency since 2002.  I thought he was nuts.  I guess not.

I don't think an entire collapse will be likely, but I have a feeling our life styles are going to change forever.  We have hit a wall, the first bailout was in the MILLIONS, the 2nd was BILLIONS, now we are in the trillions.  Eventually, you just can't mathematically make the bail outs large enough for our voracious appetite of debt.

We are in a huge cosolidation mode, when a company gets aquired by another, expect major cuts as the company being purchased has a lot of fat to be trimmed.

Ultimately the demand will drive our economy.  Without it, it doesn't work.  Can't spur demand when people don't have money.  17% unemployment is a lot of demand off the table.  So now the economy is working with less, and that less is getting bigger and bigger by the month.

This is going to get real ugly, real fast. 

Report this comment
#34) On September 14, 2009 at 10:20 PM, alstry (35.71) wrote:

bull....I wouldn't be surprised...but after the last few years....not much would surprise me.

Report this comment
#35) On September 14, 2009 at 11:15 PM, prose976 (< 20) wrote:

Lenny,

If you're going to take something out of context, at least write a reference to the comment.

Report this comment
#36) On September 15, 2009 at 1:57 AM, topsecret09 (36.83) wrote:

  How many marched.... ??    http://www.wnd.com/index.php?fa=PAGE.view&pageId=109844

Report this comment
#37) On September 15, 2009 at 1:50 PM, carcassgrinder (38.28) wrote:

Prose,

     I would have to say I am alligned with your comments.  The funny thing is....most intelligent people I talk to seem to share your thoughts as well.  Just the very few suggestion you made would go a long way.

When you start to loosen standards, it is inevitabley not long before you are able to justify loosening all standards.  But when you decide to start tightening standards again...it becomes hard to justify loose standards anywhere.  It is a domino effect of sorts....we see it in our personal lives and it is no different in a government.

Report this comment

Featured Broker Partners


Advertisement