Why will the stock market drop even more? Simple. Freezing the peoples wages. Making us more productive for less pay. Higher taxes. Printing dollars out the kazoo. Prices are not coming down and if they do the Government is taxing the heck out of us. So in a simple view. Low pay. Low Buying Power. Simple. Oh and don't forget the intress we will have to pay back on the rented currency we call the dollar.
I was listening to Lou Dobbs last night and he was doing a piece on the flood. In it he said that the National Guard had been called in. OK Then the next thing he said was that the Active Military was also called in. Can any of you explain to me why? As far as I knew it has always been the National Guard period. Why the Active Military? Are things changing and does this not go against the Constitution. Just wondering. Any help in understanding this would be helpful. Lynda.
You can object to MY news source. The Fact of the Matter is Everything that they have been saying for the past 20 years has happened. Give or take a year. Terorism has been changed to any man made disaster that happens comes under HOMELAND Security and the Military.Draw your own conclusions and trade according. [more]
FDIC will back the toxic assets now. So will FDIC have the money to cover your savings should this one blow up also? Now watch the shell and tell me which shell the ball is under now. Can any of you keep up with where what money is where now with all these plans because I sure can't. [more]
Auditors project deeper deficits for Obama budget By ANDREW TAYLOR
Associated Press writer
Published: Friday, March 20, 2009 11:21 PM CDT
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WASHINGTON (AP) - President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday.
The new Congressional Budget Office figures offered a far more dire outlook for Obama's budget than the new administration predicted just last month - a deficit $2.3 trillion worse. It's a prospect even the president's own budget director called unsustainable.
In his White House run, Obama assailed the economic policies of his predecessor, but the eye-popping deficit numbers threaten to swamp his ambitious agenda of overhauling health care, exploring new energy sources and enacting scores of domestic programs. [more]
I see headlines like this.
Commodities rally Worldwide as US Dollar FALLS again
Ben is in the Rock and Hard place right now and so are we. If due to inflation by the end of summer how much do you think a loaf of bread will cost. 6 bucks anyone. What about oil. 8 a gal for gas. China and India have our manufacturing jobs. Got to love Globalization. Housing is out gross domestic product. That is gone. What pray tell is next. I still say they are setting us up to have the North American Union with the Amero but then I also said that the Rothschild and Billdenburg and Rockefeller who are the ones who really run the World Bank IMHO were going to tank oil and we needed to be afraid when it reached $50.00. That was planed because the Arab World did not play with the New World Order.Look at what happened to Dubi alone. [more]
Gold and Economic Freedom by Alan Greenspan
[Editor's note - It may surprise more than a few gold devotees to learn they have an ideological friend in none other than Federal Reserve Board chairman Alan Greenspan. Starting in the 1950s, in fact, Greenspan was a stalwart member of Ayn Rand's intellectual inner circle. A self-designated "objectivist", Rand preached a strongly libertarian view, applying it to politics and economics, as well as to religion and popular culture. Under her influence, Greenspan wrote for the first issue of what was to become the widely-circulated Objectivist Newsletter. When Gerald Ford appointed him to the Council of Economic Advisors, Greenspan invited Rand to his swearing-in ceremony. He even attended her funeral in 1982. [more]
Psoriasis turns deadly
Leave it to the FDA to wait until the last minute to finally sound the alarm a drug with deadly side effects. By now, I'm sure you've heard that Genetech's psoriasis drug Raptiva not only might cause a brain infection, but it could even kill you. That's a heck of a risk to be taking to clear up your skin.
As usual, the FDA issued a warning — but still left the drug available on the marketplace for those who are brave enough to take the drug (or whose doctor is stupid enough prescribe it). Apparently, the FDA doesn't think the fact the four patients who took Raptiva were soon after diagnosed with progressive multifocal leukoencephalopathy (PML) in the brain – three of whom have died – is enough to pull the drug off of shelves.
According the FDA, October's advisory prompted Genetech to develop a risk evaluation and mitigation strategy (REMS) to include a medication guide to educate patients about the drug's risks. And yet here we are, a few short months later with at last three deaths pinned to this drug.
Psorasis is a chronic, autoimmune skin disorder that causes unsightly, scaly red patches to appear on the skin. It can be devastating to the self-esteem of the people afflicted with it. Psoriasis can also affect the joints. But that's mild compared to PML, a disease that kills a whopping 80 percent of those who contract it within just six months. Survivors of the disease usually have severe, lifelong neurological damage.
I'm the only one who thinks that the FDA is slacking. Even the European Medicines Agency (EMA) recommended a ban on issuing any more prescriptions for Raptiva, and advised anyone on the drug to immediately find an alternative treatment. This recommendation has since become law.
The EMA stated that "the benefits of Raptiva no longer outweight the risks because of safety concerns, including the occurrence of PML in patients taking the medicine."
I don't understand why anyone would risk the side effects of this treatment when there are plenty of natural medicines out there that can help combat psoriasis. I've also told you in the past about a psoriasis treatment from Spain called zinc pyreithione (which was banned by the FDA from over-the-counter sales, and soon after patented by Big Pharma giant GlaxoSmithKline, surprise surprise, and made available only by prescription under the brand name Temovate).
But they haven't patented licorice yet. It's been used for centuries for its medicinal properties and has been shown to be an effective treatment for skin issues like psoriasis and eczema. [more]
So lets bail them out so they can tax us. I personally tired of being scr ewed on both sides.This is from April 08. Yep this is change we can believe in.Big Bussiness in not running the country. Don't worry Aig won't miss handle this one like they did the last. Enron Aig CarbonTax. Its all a SCAM IMHO> [more]
So where did the AIG money go. Hint. Does GS run the World? I am beginning to think they do. I also think it is time to close the tap. Dispan the Fed. Let Congress print our money on the Gold Standard and we won't be charged intress. We rent the dollar now and we know renting is dumb. Becides they don't have anything behind the dollar to back it up. Note What Alen Greenspan said. [more]
Thank you congress for not cutting your salary by 50% like you want the CEO'S. I like the fact that you talk the talk but don't walk the walk. Also I want to thank you for not ending the NAFTA and Cafta agreements and bringing 20 million jobs home, after all that would be walking the walk again. Thank you for upping the cigarette tax to cover the non documented workers health care. I know you said that you would only raise it on the rich but I earn under 15k a year and I just love this new tax. I can now buy less and support other people all at the same time. Don't forget to take you campaign funds from these special intress groups because I am tapped out. I would also like to thank you for raising the budget by 50% in one year and then telling me you will cut the budget by 50% in 4 years. I have bridge in Brooklyn I can sell you. Thank you for telling people not to spend on conferences for these companies because now the few jobs we have left is the travel industry which is by the way the 3rd largest part of America now at 1.8 million people is drying up. Now what you don't realize is that there are 15 million jobs connected to that. So if we loose 1/2 of that industry then the total unemployment will be about another 8 million more or less jobs lost in the coming 8 months. That is to say Directly and indirectly. What will that do to the unemployment figures then. Oh and don't forget GM. The unofficial unemployment is now around 18%. What is going to happen when the Severance pay runs out and people start collecting unemployment? 30% 40% Have you thought abbot that one Congress? Thank you again for the good job in Washington you are doing. Oh and Congress members you better Talk to Ron Paul because at the rate we are going this great country of mine who's brave men and women are fighting in Iraq and Afghanistan for me won't have the same country to come back to that they left.I will do everything I can do to make sure they do. Bring them home now. Get rid of the FED. Print our own money backed by gold and silver and for the love of God, President Obama and Congress remember your vow to uphold the Constitution and Protect and Defend me from ALL ENEMIES Foreign but most Importantly DOMESTIC. The Fed that we rent our money from has enslaved us. There is more than one kind of Slavery. You know how wrong Slavery is so please stop this form also. Lincoln freed the Slaves once. Now President Obama and Congress it is your time to Free the New Slaves of the United States and the World from The IMF and the WORLD BANK. So Congress you have alot to do and I hope this letter reaches you. Thank you MF guys for letting me get this off of my chest. I would just like a have a country still by Christmas. You know it is bad when the Media Cartell of ours starts talking about carrying gold and silver for when the fall comes and they will leave the country and they are playing down the gun sales. It is finally getting out to main street. Just a bookseller who is doing the best she can. Lynda. [more]
Last year I went on strike and stoped trading. Well just in words because I have no money to trade. The point is the Investors have now stated on a show that they have stopped investing and are waiting for the rules to stopped changing all the time. Early is considered wrong but in this case I see it as the big boys have finally learned what we here at the fool knew for a long time is that we really have a corrupt IMF= FED and government and sec and banks and insurance co. world bank and united nations. We as Americans will pull together and the bad guys won't win. TV persons are now talking unoffical unemployment is now between 13 to 14% before the jobs numbers come out. We should just pull all the way out because money talks. I am a dreamer but sometimes dreams do come true. I do dream that the Bildenbergs Rothschild Soros Rockefeller CFR and the Trilateral Commission and others goes down. I have big dreams about their downfall. So until then I buy gold and silver rings when I can. I have made a profit on them. [more]
Remember the words of Inflation and Deflation when you listen to tape 3. Buy your food and what not now. I predict in less than a year. Should be before Christmas that Our Government Will Call For Martial Law and A New Currency. [more]