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topsecret09 (37.14)

September 2009

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Russian professor predicts collapse of U.S within months

September 30, 2009 – Comments (19)

'Mr. Obama is similar to the last Soviet leader Mikhail Gorbachev. Gorbachev was also making great promises for the Soviet Union, but the situation was only getting worse,' he said. By next summer, according to Professor Panarin, the US will disintegrate into six blocs--and everyone will get their piece. 'The probability that the United States of America fall apart in July 2010 is more than 50 percent,' said Igor Panarin, Professor at Moscow's Diplomatic Academy within the Russian Federation's Ministry of Foreign Affairs."Panarin came up with his grim forecast while analyzing the parallels between the Soviet Union in its final days and the current situation in the United States.’American dream ballooned seven times in 11 years. During Gorbachev era, the Soviet dream ballooned five times.' Americans hope [President] Barack Obama 'can work miracles,' he wrote. 'But when spring comes, it will be clear that there are no miracles.'Professor Igor Panarin said in an interview with the respected daily IZVESTIA . . . 'The dollar is not secured by anything. The country's foreign debt has grown like an avalanche, even though in the early 1980s there was no debt. By 1998, when I first made my prediction, it had exceeded $2 trillion. Now it is more than 11 trillion. This is a pyramid that can only collapse.' "When asked when the U.S. economy would collapse, Panarin said: 'It is already collapsing. Due to the financial crisis, three of the largest and oldest five banks on Wall Street have already ceased to exist, and two are barely surviving. Their losses are the biggest in history. Now what we will see is a change in the regulatory system on a global financial scale: America will no longer be the world's financial regulator. "the U.S. will break up into six parts-- the Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong."  Prof. Panarin, 50 years old, is not a fringe figure. A former KGB analyst, he is dean of the Russian Foreign Ministry's academy for future diplomats. He is invited to Kremlin receptions, lectures students, publishes books, and appears in the media as an expert on U.S.-Russian relations." "Until recently, no one took him very seriously. And then came the economic calamity that has rocked Americans and the rest of the world, too. Now, Panarin's predictions of an end of the United States, due to economic and moral collapse, is being taken seriously by many."[The breakup of the U.S., December 30, 2008

A historian and linguist from South Africa recently wrote me a fascinating letter, in which he chronicled the major world empires of history, dating the time of their rise and fall. Here is what his calculations look like:  [more]

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Rally long In the tooth

September 30, 2009 – Comments (5)

        Charts point towards fall to 9200 on the dow,TEST 1...  9000 TEST 2... With earnings coming out next week,this market SHOULD weaken with corporate results expected to come In weak. The smoke and mirrors,and the cost cutting can only get you through a couple of quarters,after that anything goes....  TS          Rally is 'Getting Long in the Tooth': Russell Investments recently released the results of its latest survey of investment managers and they are not as bullish as they used to be. Erik Ristuben, CIO of Russell Investments, explained the details of the report.

“The sentiment changed, but the market also went up,” Ristuben told CNBC.  [more]

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Booomberg/ CNBC top headlines contrast In style ?

September 30, 2009 – Comments (2)

U.S. Stocks Drop as Purchasing Managers Index Trails Estimates

By Michael P. Regan  [more]

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Great Depression In 2010

September 29, 2009 – Comments (8)

 

This web site is a chronicle, though links and videos,
of the actual descent into The Great Depression 2010.       http://thegreatdepression2010.com/index.html

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Congress gets Pink Slips

September 29, 2009 – Comments (0)

Hey, Congress! 1.3 million reasons to plan career change ...
Organizers of grass-roots 'pink slips' campaign expect to exceed goal of 5 million.

  [more]

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Questionable stocks leading the market

September 28, 2009 – Comments (2)

 Generally, stocks of weak, speculative companies have jumped the most this year, signaling that an appetite for risk remains alive and well among some investors (for better or worse). Consider these results:

Company  [more]

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Mergers trump common sense economics

September 28, 2009 – Comments (3)

   Many fools,fooled...Sept. 28 (Bloomberg) -- U.S. stocks rose, sending benchmark indexes up the most in five weeks, as takeovers in the drug and technology industries added to evidence that mergers and acquisitions are rebounding from the slowest pace in six years.

Affiliated Computer Services Inc. jumped 14 percent after Xerox Corp. made its biggest purchase by agreeing to buy the company for $6.4 billion. Abbott Laboratories advanced 3.8 percent on plans to purchase Solvay SA’s pharmaceutical unit and gain control of the TriCor cholesterol drug. Cisco Systems Inc., the largest maker of networking equipment, had the steepest gain in two months as Barclays Plc predicted revenue will increase.   [more]

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Kids without a future ?

September 28, 2009 – Comments (4)

The dead end kids.Young, unemployed and facing tough future

   [more]

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Fasten Seat Belts for tomorrows wild ride ?

September 27, 2009 – Comments (2)

       Asian Stocks Decline on U.S. Economy Concern, Yen Appreciation

Sept. 28 (Bloomberg) -- Asian stocks fell after orders for U.S. durable goods unexpectedly dropped, sales of new American homes rose less than estimated and the yen appreciated against the dollar.   [more]

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Nevadans on food stamps

September 27, 2009 – Comments (5) | RELATED TICKERS: MGM , LVS

    Total of Nevadans on food stamps jumps 45 percent; state projects greater hardship, more in need of aid by 2013.The parking lot at Catholic Charities, which shares space with a state welfare office, is packed these days.

That’s a new thing. In the past, clients were the type to take the bus or walk to the service center on Las Vegas Boulevard in North Las Vegas. Now it’s the middle and working classes driving here, desperate for help.  [more]

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U.S credit shrinks at depression rate

September 27, 2009 – Comments (3)

         prompting fears of a double dip recession....   

Professor Tim Congdon from International Monetary Research said US bank loans have fallen at an annual pace of almost 14pc in the three months to August (from $7,147bn to $6,886bn).   [more]

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Plans to audit the Federal Reserve move forward

September 26, 2009 – Comments (0)

"Since its inception, the Federal Reserve has always operated in the shadows, without sufficient scrutiny or oversight of its operations . While the conventional excuse is that this is intended to reduce the Fed's susceptibility to political pressures, the reality is that the Fed acts as a foil for the government. Whenever you question the Fed about the strength of the dollar, they will refer you to the Treasury, and vice versa. The Federal Reserve has, on the one hand, many of the privileges of government agencies, while retaining benefits of private organizations, such as being insulated from Freedom of Information Act requests."         http://www.wnd.com/index.php?fa=PAGE.view&pageId=111082  [more]

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2 Star Stock Poised to Pop

September 25, 2009 – Comments (19) | RELATED TICKERS: XRIT.DL

      XRITE  CORP........    Chart Is a beauty,many new products Introduced,customers are re-engaging on projects that were put off through the recession. Stock Is a pure play In Its field.....   X-Rite Right On Color

X-Rite is the global leader in color science and technology. The Company, which now includes color industry leader Pantone, Inc., develops, manufactures, markets and supports innovative color solutions through measurement systems, software, color standards and services. X-Rite’s expertise in inspiring, selecting, measuring, formulating, communicating and matching color helps users get color right the first time and every time, which translates to better quality and reduced costs. X-Rite serves a range of industries, including printing, packaging, photography, graphic design, video, automotive, paints, plastics, textiles, dental and medical.          http://www.xrite.com/home.aspx  [more]

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Inflation Is being taken too lightly

September 25, 2009 – Comments (16)

"It's unbelievable how Federal Reserve Chairman Ben Bernanke said that the U.S. recession is "very likely over", but once again this week the Federal Reserve has left interest rates at a record low of 0%. If the economy was truly rebounding, wouldn't you think now is the time for Bernanke to raise interest rates to 1% or possibly even 2%? He refuses to do so because he knows without the free money that is flooding the system, our financial markets would once again collapse to new nominal lows. While that would be the politically unpopular move, at least it would ensure the survival of our country. By giving in to political pressure and keeping interest rates at 0%, soon the flood of dollars will break the dam and collapse the U.S. financial system.  [more]

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Feds targeting Unemployment Rate ?

September 24, 2009 – Comments (1)

    

HAS A POLITICIZED Federal Reserve begun to target the unemployment rate?  [more]

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Did The Fed Just Kill a Bull Market ?

September 24, 2009 – Comments (7)

Well, that was interesting. After the Federal Reserve announced on Wednesday it would leave interest rates unchanged, stocks initially bounded higher before abruptly shifting direction and screaming lower. The bulls gunned the Dow Industrial Average achingly close to the 10,000 level before things fell apart.  [more]

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Best Gold & Siver stocks ?

September 23, 2009 – Comments (26) | RELATED TICKERS: BAA

  Anyone have any recommendations on gold and,or silver stocks? Not my specialty,and I know that some of you really know the mining companies. I think I need some exposure here,as I truly believe that we will see INFLATION on grand scale sooner rather than later... The only one that I have followed at all Is BANRO (BAA) because It came up on screen that I use that follows charting trends... TS

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Tomorrows Forcast,Society's Collapse

September 23, 2009 – Comments (3)

Tomorrow's forecast: Society's collapse
DVD set documents worries Western world 'in serious trouble'      

On what forecast   [more]

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Fed Growth Undermined by Tight Credit

September 23, 2009 – Comments (1)

      Federal Reserve Chairman Ben S. Bernanke’s efforts to stoke a U.S. economic recovery may be undermined by the central bank’s other goal of restoring the banking system to health.

The Federal Open Market Committee, at the conclusion tomorrow of a two-day meeting, will probably maintain its assessment that “tight” bank credit is impeding growth, said economists including former Fed Governor Lyle Gramley. Lending contracted for five straight weeks through Sept. 9, a drop that in part reflects Fed orders to banks to raise more capital and toughen lending standards, analysts say.   [more]

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66% Angry at Government

September 22, 2009 – Comments (2)

  Rasmussen Reports :   60% says neither Democrats or Republicans have the answers....    http://www.rasmussenreports.com/public_content/politics/general_politics/september_2009/66_angry_at_government_policies_60_say_neither_party_has_answers

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The Economy Is a Lie Too

September 22, 2009 – Comments (10)

      

Americans cannot get any truth out of their government about anything, the economy included. Americans are being driven into the ground economically, with one million school children now homeless, while Federal Reserve chairman Ben Bernanke announces that the recession is over.  [more]

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S & P 500 PE Ratio at 139, what gives

September 20, 2009 – Comments (8)

         S&P 500 PE ratio is an important determinant of the value of stock market and the trend of the S&P 500. Historically, the S&P 500 PE ratio has a median of 15.7. Today, the S&P PE ratio is 139 based on a closing price of 1,044 on Friday, September 11, 2009. This assumes the trailing earnings for the S&P 500 companies as reported by Standard & Poor's for the four quarters ending June 30, 2009. A PE ratio at 139 is not sustainable. What is a reasonable PE ratio for the S&P 500 given our current situation?

The S&P 500 PE ratio reflects the performance expectations of the stock market. In the last three quarters, the PE ratio has leapt higher with the plunge in earnings of the S&P 500 companies. The fall in earnings overcame the drop in the value of shares in early March 2009.   [more]

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Todays Joke

September 20, 2009 – Comments (2)

These two women were walking through the forest when they hear this voice from under a log. Investigating, the women discovered the voice was coming from a frog:   [more]

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Stop subsidizing the street

September 20, 2009 – Comments (1) | RELATED TICKERS: BAC , C

Stop Subsidizing the StreetBailouts hurt much-needed entrepreneurship in the banking sector.

The word for “crisis” in Chinese, weiji, is written with two characters: one (wei) means danger; the other (ji) means opportunity. That’s because every crisis challenges the status quo and in so doing creates the opportunity for something new to emerge. “This process of Creative Destruction,” wrote economist Joseph Schumpeter, “is the essential fact about capitalism. It is what capitalism consists in and what every capitalist concern has got to live in.”  [more]

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A joke to lighten things up

September 19, 2009 – Comments (3)

A minister dies and is waiting in line at the Pearly Gates. Ahead of him is a guy who's dressed in sunglasses, a loud shirt, leather jacket, and jeans.
Saint Peter addresses this guy, "Who are you, so that I may know whether or not to admit you to the Kingdom of Heaven?"
The guy replies, "I'm Joe Cohen, stockbroker, of Noo Yawk City."
Saint Peter consults his list. He smiles and says to the stockbroker, "Take this silken robe and golden staff and enter the Kingdom of Heaven."
The stockbroker goes into Heaven with his robe and staff, and it's the minister's turn. He stands erect and booms out, "I am Joseph Snow, pastor of Saint Mary's for the last forty-three years."
Saint Peter consults his list. He says to the minister, "Take this cotton robe and wooden staff and enter the Kingdom of Heaven."
"Just a minute," says the minister. "That man was a stockbroker-- he gets a silken robe and golden staff but I, a minister, only get a cotton robe and wooden staff? How can this be?"
"Up here, we work by results," says Saint Peter. "While you preached, people slept; his clients, they prayed."         TS  [more]

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Need some advice. Legend Int'l Holdings

September 19, 2009 – Comments (6)

 I have been following a penny stock for a couple of weeks and I am thinking about buying A LOT MORE... I was just wondering what some fellow fools think about this company,and If It just may well be a muliple bagger....   http://www.lgdi.net/   

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Downwithinfidels shows his true colors

September 19, 2009 – Comments (13)

   TMF deleted the my post that showed what a lunatic this guy really Is and left His piece of garbage up...   #41) On September 18, 2009 at 11:41 PM, DownWithInfidels (99.92) wrote:

Oh no! A Navy Veteran!!! A person too stupid to make it into a real school and a real profession! He is to be coerced into joining an American defense. Instead of providing real value to the world he volunteers himself just to be another faceless death member of America's unjust wars. How "brave" of him!!!  [more]

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Pennys from heaven?

September 16, 2009 – Comments (2)

 Link to original article... Just realized not to use quotes In title... TS        http://caps.fool.com/Blogs/ViewPost.aspx?bpid=260379&t=01009917921919779399

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A "PENNY" with a punch ?

September 16, 2009 – Comments (3)

  After I spent some time thoroughly researching global consumption of FERTILIZER(S) I have come to realize just how Important to the WORLD Economy that these products are. There Is a little company that Is very Intriguing on a RISK/REWARD ratio,and that company {Which has been mentioned by a few others on fool... most notably by AWALLEJR http://caps.fool.com/Blogs/ViewPost.aspx?bpid=250943&t=01004842999511518010   Legend International Holdings seems to have a lot going for It right now at a price of about 69 cents a share. Insiders,Including George Soros who has bought 9% of the stock,are buying. Volume Is Increasing,the chart pattern Is BULLISH,they have 100 million In cash and ZERO debt. I'm not saying to mortage the farm here,but at these prices,and with solid support on the charts at the 60 cent level,It could be a fun one to play with. Who knows,you may have the next POTASH here....     Good Luck  TS       http://www.lgdi.net/         http://www.potashcorp.com/investor_relations/why_invest/industry_overview/        http://www.potashcorp.com/media/pdf/investor_relations/industry_overview/2009/POT_OB_WhyFert_09.pdf   [more]

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The recession's over hooray!

September 15, 2009 – Comments (0)

  Bernanke says the recession Is over, what do you think?       http://www.reuters.com/article/companyNews/idUSN157605520090915

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MGM a Mirage ?

September 15, 2009 – Comments (23) | RELATED TICKERS: MGM

   Current earnings estimates for MGM for 2010 are still being revised downward as we speak. Consensus estimates at present are for a LOSS of 54 cents. I think It will be much worse. I live In Las Vegas,and I have worked on the City Center project. The governor here has just asked for  240 million dollars from the FED to pay UNEMPLOYMENT benefits here In Nevada. The States trust fund Is almost broke,and It Is paying out over 40 Million dollars a Week In benefits. Casino traffic continues to fall month over month,yet people are willing to pay a HUGE PREMIUM for this stock right now. While I understand some excitement and anticipation of CITY CENTER opening later this year,the stock price In my opinion defies all logic. The opening of City Center will be a "SOFT" opening,which means only certain parts of the project will be {OPEN AND EXCESSIBLE} There are many "problems that need to be resolved In many areas of the project. I know this because I worked there,and some of the Issues are SERIOUS. I talked to a friend of mine Saturday at SAMSTOWN,and he told me that the tile setters were pulled out of certain areas,because the cement floors were poured TOO HIGH,and had to be cut,and jackhammered,then re-poured to get the right Level for the tile....  The Harmon Tower which Is located on the property,was scaled down from 55 stories to 23 because of design flaws with regard to the cement floors and columns In the building. Some of the building Inspectors were fired,and there are still unsolved problems that lurk In the backround.....   Tread lightly fools...  TS     http://www.lasvegassun.com/news/2009/jul/01/harmon-inspector-lacked-experience/  [more]

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Homemade signs and Images from "THE MARCH"

September 15, 2009 – Comments (0)

 You have to admit,some of them are very original....     http://www.wnd.com/index.php?fa=PAGE.view&pageId=109776

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America at a crossroads,watch this video. Time to Re-Found America...

September 15, 2009 – Comments (16)

  Its time for CHANGE, WE THE PEOPLES STYLE....    http://www.glennbeck.com/content/articles/article/198/30536/        

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A million people being Ignored?

September 13, 2009 – Comments (31)

   Caution Signs are flashing all around us. Tea parties are being Ignored by the mainstream media. Our Federal government Is paralyzed with Partisan politics... The American People are restless,and Congress continues Its usual SPIN. We are at a crossroads,and the next few months will probably define what AMERICA Is to become. I don't think that THE PEOPLE are done talking yet,I just hope for the sake of this country that OUR Federal Government begins to listen.....    http://www.wnd.com/index.php?fa=PAGE.view&pageId=109628  TS      [more]

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Killing the economy... to save consumers?

September 13, 2009 – Comments (7)

  Sometimes solutions to problems come along to little, to late. Not so with the obama administration. On the contrary,when It comes to tackling the nation's financial woes,In every context Its Inclination Is to offer too much,too late,massively Increasing the federal government's role In our lives,at an unprecedented cost and unprecedented rates of speed.Why? I presume It Is because the surest way to make sure nobody would ever have to suffer the pain of FINANCIAL DEFAULT Is to Insure that nobody gets to borrow money In the first place.The Treasury Department,stung by the previous administrations failure to prevent the mortgage and financial crisis,and this administrations FAILURE TO UNDERSTAND how to curtail It, the Treasury wants to REGULATE anything and everything,regardless whether It was regulated already and regardless of whether It may have CONTRIBUTED to the financial crisis. If It moves CREATE A CZAR for It! The past few months we have seen a remarkable collapse of SMALL BUSINESS,and CONSUMER CREDIT In this country,which has throttled economic activity.Without a market for financial Instruments that pool risks,much Indirect lending through dealers and manufacturers has simply evaporated. Without auto loans nobody could sell cars,so GM and Chrysler crashed Into bankruptcy. CONGRESS then made matters worse by enacting CREDIT CARD LEGISLATION that has sharply reduced the availability of credit and Increased the costs of using credit cards. In fiscal year ending In 2008 there was 5 TRILLION available In the credit markets,but In part because of the new CREDIT CARD LAWS there Is projected to be only 1 TRILLION In credit available In 2010. Products that today are well regulated by accountable and elected state legislatures will be at the mercy of UNELECTED FEDERAL BUREAUCRATS {CZARS} whose most Important qualification,according to the draft Issued by the administration,Is that they have never worked In the Industry they are to regulate. Just Imagine If we were to say that the only people fit to decide the FUTURE OF HEALTH CARE are people who have never seen a patient,but have a fine record In a related field of Democrat or Republican related politics.......  [more]

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Bankers Spinning Stories of Smooth Results

September 11, 2009 – Comments (0)

    What happened to these banks (TOXIC ASSETS) ? Does anyone really believe In their earnings quality,or are we going to have financial crisis # 2....  Personally I do not trust anything that the banks say or do. They took the money and RAN In my opinion,and I really do not think that they care what happens to their customers. They are hoarding and Investing the money that WE GAVE THEM,at the consumers expense. They are truly shameless....  http://www.bloomberg.com/apps/news?pid=20601039&sid=aP4uPeND1UH4          [more]

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