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alstry (35.36)

Concentric Contraction Begins.......1.01.10

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December 10, 2009 – Comments (13)

Insolvent Banks get unlimited free money from government and loan that same money back to the government at much higher rates where government gives trillions of that money to insolvent citizens in the form of welfare, food stamps, unemployment checks, medicare, and medicare so they can spend into the economy.

A HUGE percentage of our GDP is simply insolvent banks lending to an insolvent government who is giving trillions of dollars to insolvent citizens driving the sales of many of the companies we invest in.........

THIS IS THE WORLD AS WE KNOW IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

And it is bascially a Ponzi Scheme and the world is beginning to get testy.  It won't be stated expressly, but manifest in more subtle ways like trade wars or terrorist acts against our nation/people as they get cut off from credit just like American citizens (foreigners tend to be a bit more emotional and proactive than Americans when they perceive they get bent over by their government or others....take a look at the rioting in Greece or Iran as an example).

A more sanitary, but equally dangerous route is governments engaging in trade wars or blockades....the latter considered a declaration of war under international law.

LOS ANGELES (MarketWatch) -- China's plan to place tariffs on some U.S. and Russian steel products reportedly drew protest from Washington on Thursday.

The Chinese Ministry of Commerce issued a preliminary ruling Thursday that said some flat-rolled electrical steel imported from Russia and the U.S. are being dumped on the market at unfairly low prices amid official subsidies for the material.

Chinese entities importing the product, an input for power companies, will face an import duty, according to reports.

"China's investigation was conducted according to Chinese law and World Trade Organization principles," Dow Jones Newswires quoted a ministry spokesman as saying.

HMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

Back to the American people getting hosed......

Why doesn't our government allow all citizens to "borrow" money for free and loan it back to the government at much higher rates just like the banks.....aren't all citizens equal under the equal protection clause of the Constitution?

The dollar amount is arbitrary for ease of presentation.

For example, if the government allowed every American to borrow $10,000,000 for 0.25% and immediately purchase $10,000,000 of 10 year government treasuries at 3.25%, and the citizen deposited the treasuries in a suitable account as collateral for the original loan, the citizen could earn $300,000 per year and the government would be guaranteed the loan was appropriately collateralized.  Not only that, the government could make the profit taxable subsidizing the program.

By doing the above, the government could cancel most entitlement payments including social security and medicare.  Further, health insurance would no longer be as needed as most everyone would be self insured except maybe the need for supercat coverage.  Not only that, the government could force all the citizens apply all of the proceeds first to pay down debt and almost every toxic loan would be detoxified.

But Noooooooooooooooooooooooo.  Government is only giving Free money to the banks and the banks are cutting off the citizens as people are getting practically nothing or being forced to pay very high rates.  As a result....the people and small businesses are failing at faster and faster rates since the playing field is no longer fair.  WE NOW HAVE INSOLVENT BANKERS KICKING INSOLVENT CITIZENS OUT OF THEIR HOMES AS MILLIONS AND MILLIONS OF CITIZENS LOSE THEIR JOBS DIRECTLY DUE TO ZOMBULATION.

Most of you Fools simply don't understand what is happening to our nation.......but if Lake Tahoe can be Zombulated, anyplace can and will under the current policy.

It is not hard to see, simply hard to believe it is happening......and that is why as concentric contraction proceeds, it will not be the end of the world, simply the end of a world as you know it.  Most of America will look like Detroit as cities, counties and states go broke.

No matter how low the mortgage payment, if you don't have a job, you can't even afford to maintain the home and pay the property taxes.  Why do you think more and more homes in more and more areas are being driven down in value closer and closer to zero as unemployment explodes around America???????

Focusing on Alstrybation and not Zombulation will inevitably lead to a nation of frustration.  Trust me, Alstry knows as he was the creator of Alstrynomics and one of the first to foresee concentric contraction.....now upon us as default creates more defaults forcing even more defaults.....until pretty much everything defaults.

13 Comments – Post Your Own

#1) On December 10, 2009 at 11:58 PM, jddubya (43.65) wrote:

"Most of you Fools simply don't understand what is happening to our nation.......but if Lake Tahoe can be Zombulated, anyplace can and will under the current policy"

Idiotic.  Bills casino in South Lake Tahoe has 11 employees.  You should read the links that you post.

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#2) On December 11, 2009 at 12:03 AM, jddubya (43.65) wrote:

 "Concentric Contraction Begins.......1.01.10"

But... but... this is what you spewed back in January 2009:

"Concentric Contraction has arrived and is hitting the shore with full force."

LOL - YOU WERE WARNED!!!!!! ALSTRY RE-RUNS!!!!!!!

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#3) On December 11, 2009 at 12:14 AM, alstry (35.36) wrote:

jd...

Binions shut down its hotel, City Center is in trouble, the Cosmopolitan in bankruptcy, and practically every casino on and off the strip struggling....even the strippers are feeling concentric contraction......

My guess is that is a few more than 11 employees.......

and now Dubai has a half a trillion, $500,000,000,000 worth of projects mid construction and about to begin....HALTED!!!!!......that is a lot more than 11 people many of which are American citizens and companies.

Over 2/3 of architects are now unemployed....that is way more than 11 people......many of which were fired since the beginning of last year.

Do you ever really think when you make a comment??????

 

 

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#4) On December 11, 2009 at 12:19 AM, alstry (35.36) wrote:

THE WORLD AS WE KNEW IT FOR GENERATIONS IS BEING ZOMBULATED......

Taylor Brothers Lumber Company, a Lynchburg building supply company, will close its doors after nearly 60 years in operation, a company official said Thursday.

Robert Taylor Jr., the former president of Taylor Brothers who worked as director of the Lynchburg company, said the store was closing because of financial problems with its parent company, Roper Brothers Lumber Company of Petersburg.

“We are a division of Roper Lumber, and they’re the ones that are bankrupting,” he said. “The Taylor family is not affiliated with it whatsoever.”

Taylor Brothers operated a location at 905 Graves Mill Road near U.S. 501. Another location in Bedford opened in 1999 but has since closed. In December 2005, The Home Depot opened directly across the street from Taylor Brothers on Graves Mill Road.

Founded in Lynchburg in 1952, the company was sold to Roper Brothers Lumber Company in 2006.

Taylor said his concern is for the employees who won’t have a place to work.

“We’re just trying to look after the employees that are there, and see what we can find for them,” he said.

ALSTRY IS CONCERNED FOR THE EMPLOYEES AS WELL....AS THE BANKERS GET TRILLIONS OF FREE MONEY AND BILLIONS IN BONUSES.......

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#5) On December 11, 2009 at 12:32 AM, Starfirenv (< 20) wrote:

Hate to tell you Al, but I'm just not seein Zombies at the Lake.
Dub- have you looked at ZC's picks? What timing. "Oracle" like.

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#6) On December 11, 2009 at 12:44 AM, alstry (35.36) wrote:

Nevada collected $49.3 million in taxes based on October revenues. That's down 12.7 percent from the same month a year ago.

Resorts on the Las Vegas Strip won $426.3 million from gamblers in October, nearly $50 million less than last year for a 10.3 percent decline. Casino revenue fell 16.4 percent in downtown Las Vegas, 19 percent in Laughlin, 24 percent at South Lake Tahoe and 10.4 percent in Elko County.

THE CRAZY THING ABOUT THE ZOMBULATOR IS THAT BY THE TIME MANY FIND OUT.......THEY HAVE BEEN ZOMBULATED.

 

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#7) On December 11, 2009 at 1:03 AM, AvianFlu (40.48) wrote:

"Focusing on Alstrybation and not Zombulation will inevitably lead to a nation of frustration."

Alstry, that was a great line. Surely there is a song in here somewhere.

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#8) On December 11, 2009 at 1:11 AM, Harold71 (22.86) wrote:

I liked that line as well, I must admit.

We've successfully kicked the can down the road for the last several months.  The effects of the "zombulator" as you put it, PATIENTLY await.  There is no going around the zombulator--not this time.  Evolve...or die.

We're headed for new lows in the S&P.  The only question is when, and what does the dollar look like when we get there.

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#9) On December 11, 2009 at 1:23 AM, alstry (35.36) wrote:

Madoff's clients were rich one day, broke the next.

Dubai was solvent one day, bankrupt the next.

You think they thought they could be zombulated?????

If Dubai and Madoff's clients can be zombulated....anyone can......

Some Smart PCS customers say the cell phone company has gone out of business, taking their money. The company provided cell phone service in Whitfield and Murray counties and had locations in Chatsworth and Dalton.

“I paid my bill Friday, and I had a friend who paid over $100 Saturday,” said Amanda Baker.

The company’s Web site was down Thursday, but it remained in the Google cache. The Daily Citizen called several numbers listed on the site and could not reach anyone with the company.

The amazing thing about the zombulator is how fast one goes from jubilation to zombulation.

When insolvent bankers loan an insolvent government money to give to insolvent citizens so they can spend at publicly traded companies......it doesn't take long for the world to figure out they can do the same thing too.........and they no longer need to play along.

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#10) On December 11, 2009 at 9:55 AM, freunddoggy (98.97) wrote:

Yawn. SSDD Alstry.

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#11) On December 11, 2009 at 11:24 AM, jddubya (43.65) wrote:

"Hate to tell you Al, but I'm just not seein Zombies at the Lake.
Dub- have you looked at ZC's picks? What timing. "Oracle" like."

Sorry for my lack of understanding what you're saying... who's "ZC"

Soooo... it may be looking good on my end for a end of year trip to reno, maybe south lake tahoe... but reno looks like it's got some good ski packages for Mt Rose.... I'll let you know!

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#12) On December 14, 2009 at 7:09 PM, standridge (< 20) wrote:

The playing field will be leveled when the shiteeters are out of business. 

Then and only then will the world will be different but it will be better.

"The end of the world as you know it".  Nice phrase, I can't wait.

 

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#13) On December 15, 2009 at 8:22 PM, Starfirenv (< 20) wrote:

#11- jdub, ZC is your boy Zero. Give me a week or two heads up and I'll get you a deal. Regards.

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