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alstry (36.01)

Ask yourself....WHY ARE WE BEING LIED TO????

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July 30, 2009 – Comments (7)

As of 10 minutes ago, Larry Kudlow would like you to believe that Q2 earnings are so much better than Q1. That is a flat out lie. The chart below, straight out of Bloomberg which we demand all readers with a BBERG terminal replicate using SPX Index EA , demonstrates that Q2 earnings are now in fact worse than Q1. While in Q1 the YoY EPS drop was -31.49%, as of right now the drop is -32.41%. And the drop in revenues is much worse.

http://www.zerohedge.com/article/cnbc-now-openly-misrepresenting-reality

Remember, Alstrynomics is all about being right....not popularity.

As government runs out of money, will it be forced to tax the rich 100% of their assets simply to cover expenses?  Will it be forced to devalue currency to nothing effectively making our savings worthless?

Welcome to Zombulation Nation.....where even the truth is no longer accepted as reality.

There is no justice when the truth means nothing.......without justice, there is no society.

7 Comments – Post Your Own

#1) On July 30, 2009 at 12:22 PM, HighRisk41 (25.58) wrote:

Alstry,

  I can't say I agree with all your views but you definetly have some genuine ideas and stir the pot. I was curious if you were aware of the bill Congressman Ron Paul is trying to get pass the house and the senate (HR1207 and S604)? I cant see the Fed ever letting this get through congress but you should check it out you might find it interesting. I blogged about it yesterday 

http://msncaps.fool.com/Blogs/ViewPost.aspx?bpid=235781&t=02004740169324132347 Report this comment
#2) On July 30, 2009 at 12:35 PM, alstry (36.01) wrote:

High Risk,

I don't want people to agree with my views...I want people to think.  Once they start thinking, I am highly confident they will agree with me.

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#3) On July 30, 2009 at 1:03 PM, ChannelDunlap (< 20) wrote:

Alstry you feelin' alright?  I didn't see the word 'Prepare', nor a single ! in that whole post.  Coming down with some pig flu or something?  I'm worried about ya, buddy. 

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#4) On July 30, 2009 at 2:11 PM, Varchild2008 (85.85) wrote:

DOW 1,000 prediction could still happen Alstry... I am pulling for ya!!  In case you forgot that's what you predicted in March of this year.

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#5) On July 30, 2009 at 2:42 PM, alstry (36.01) wrote:

Alstry is doing fine...my concern is for Donner.

The further you stretch a rubber band, the harder it snaps back:0)

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#6) On July 30, 2009 at 3:35 PM, motleyanimal (59.86) wrote:

I read some of the comments over at Zerohedge. What a pathetic bunch of whiners.

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#7) On July 30, 2009 at 5:29 PM, OneLegged (< 20) wrote:

LOL

 

http://news.yahoo.com/s/ap/20090730/ap_on_bi_st_ma_re/us_wall_street 

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