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alstry (35.42)

99.......Shhhhh and watch........

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September 08, 2009 – Comments (8)

Never be too arrogant about a $2 Trillion dollar deficit in an overleveraged swap induced consumption based economy while the tax receipts are crashing and the bankers are cutting off credit.

There is always someone out there who can see the ice....maybe just a little clearer than you.

8 Comments – Post Your Own

#1) On September 08, 2009 at 9:43 PM, alstry (35.42) wrote:

The game begins in 9.09.....now you should be prepared.

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#2) On September 08, 2009 at 9:56 PM, alstry (35.42) wrote:

When the rich are out of money....the poor are too....even if they don't know it yet.

Neiman Marcus posted a large quarterly loss on impairment charges and sharp discounts to move unsold goods. Sales fell 25%.

25% DOWN WITH SHARP DISCOUNTS???????

Saks faced similar headwinds.

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#3) On September 08, 2009 at 10:08 PM, alstry (35.42) wrote:

PLEASE BE QUIET WHEN THE BANKERS BEND YOU OVER....

SAN FRANCISCO (MarketWatch) -- Harley-Davidson Inc. shares jumped more than 7% on Tuesday after Citigroup cited improving retail sales trends in its upgrade of the motorcycle giant.

VS.

Harley-Davidson Inc. announced today more layoffs in southeastern Wisconsin and a two-month holiday shutdown at its Buell Motorcycle Company plant in East Troy.
The newest round of layoffs will result in permanent reductions in force at Harley's distribution center located at 10000 S. Franklin Drive in Franklin. The exact number of positions to be eliminated was not specified by the company in its notice filed with the Wisconsin Department of Workforce Development.
Harley previously announced it will cut about 1,000 jobs, including 300 hourly production jobs and 180 salaried positions, mostly at the company's headquarters, its product development center and its Capitol Drive facility.

http://www.biztimes.com/daily/2009/9/8/harley-announces-more-layoffs-and-buell-plant-shutdown

BOTH OF THESE RELEASES CAME OUT ON THE SAME DAY....GUESS WHICH ONE DIDN'T MAKE YAHOO???

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#4) On September 08, 2009 at 10:57 PM, alstry (35.42) wrote:

THE COMPUTERS CAN DISTORT REALITY.....

A Chicago investor offered $5 million to buy the publisher of the Chicago Sun-Times, in a deal that could keep the struggling tabloid in business.

It valued its assets at $310 million as of Dec. 31.

THAT IS A BIG DROP BETWEEN WHAT IT REPORTED IN DECEMBER AND WHAT AN INVESTOR IS WILLING TO  PAY.

HOW MANY PUBLIC COMPANIES ARE IN A SIMILAR SITUATION???????????????????????????????????????

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#5) On September 09, 2009 at 12:52 AM, alstry (35.42) wrote:

$5 Mil for a $300 Million dollar paper while the September slasher sharpens his knife and the silent screams are heard across the nation.....

The new budget cuts directly affect some in our area. Governor Kaine announced the Botetourt Correctional Center will be among the facilities closing.  The prison houses 349 inmates and has around 120 employees.  We are told, the inmates will be relocated to empty spaces in other correctional facilities around the Commonwealth.  As for the employees, the closing came a bit of a shock.  John Garman, with the Department of Corrections, broke the news to them this morning.  “There were some employees where you saw tears, and faces that reflected all of what you would expect from what potentially losing a job or relocating would mean to their family.  You saw that reflected in their faces”, said Garman.

Shock and tears.....playing right into the fear instilled by the Zombulator

RICHMOND, Va. (AP) - Nearly 600 of the state’s 101,000 executive branch employees are being laid off, and state-supported colleges and universities will have state support substantially cut in new budget reductions.
    Two state prisons will also close under the orders Gov. Timothy M. Kaine announced Tuesday, and state employees would also be required for the first time since 1983 to contribute to their own state retirement plans.
    The $1.35 billion in cuts are among the deepest and most painful Kaine or the General Assembly have ordered and the fourth round of reductions since July 2008, when the nation’s economy took its worst downturn since the 1930s.
    Kaine isn’t proposing any tax increases to balance a cumulative revenue shortfall approaching $7 billion out of less than $33 billion in general funds anticipated for the current two-year budget. It’s the worst on record, said Finance Secretary Richard D. Brown.
    Virginia’s straits, however, are not as dire as many states. California faces a deficit topping $26 billion, Illinois is $11 billion out of balance and the gap in Connecticut is $8.8 billion.

JUST WAIT UNTIL THE REVISED DEFICITS COME IN 9.09

THAT WILL BE SHOCK AND AWE AS INFLICTED BY THE ZOMBULATOR....CA, IL, AND CONNECTICUT WILL BE THE NORM AS TAX RECEIPTS CONTINUE TO EVAPORATE ACROSS THE NATION

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#6) On September 09, 2009 at 1:25 AM, checklist34 (99.70) wrote:

on 9/9/09 i would kindly observe that i do, in fact, still like pie.  as long as my mom made it and its not pumpkin or rhubarb

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#7) On September 09, 2009 at 1:36 AM, SolarisKing (27.97) wrote:

gold topped 1,000. Is that equivalant to 'shooting the wad'? It either goes up, or down.

-solaris

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#8) On September 09, 2009 at 4:13 AM, Seano67 (33.13) wrote:

RICHMOND, Va. (AP) - Nearly 600 of the state’s 101,000 executive branch employees are being laid off, and state-supported colleges and universities will have state support substantially cut in new budget reductions.

 

Wow, that's impressive. Based on their population of approx. 7.8 million, it seems the Commonwealth employs about 1.5% of them in government. You've gotta love that, a lean government, and that is probably about the ratio of where it should be, from the federales on down to the local town.

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