CRAPULATION DAY!!! It Happens Today! I have PROOF!
According to the Motley Fool official records, approximately 60 million people are following the Crapulation Day blog posts. Some hope came out yesterday (as I posted) that might have pushed Crapulation Day back nearly ten years. My Inbox was jammed and Bill Gates himself asked me to remove my hotmail account to free their servers up for such things as MSN.
Most people are trying to figure out what to do, but others just want to tell me they named their new dog "FreeMarkets". As you can see, my avatar is up with the symbol of the Super Bowl XL champions (yes, everyone EXCEPT for Steeler fans know who really won that game - INCLUDING THE Super Bowl Losers curse the following year).
Of course I'm getting off tangent. Crapulation day is here, and I'm trying to get this blog out before trading begins. So what is Crapulation Day? Well, for the investing community it is the realization that the FED has no exit strategy. The economy is too weak for current valuations, the FED is too willing to pump up another bubble - this one in assets and commodities, and the President has abandoned his stance on lowering the deficit even though he just found $200 billion under his pillow.
But the scariest thing about Crapulation Day, actually happened yesterday (about 11pm last night by Reuters) is this:
Now this article, for those who read it, is not about climate change, it is about this one VERY important aspect - setting a precedent that ALL FUTURE FEDERAL agency's will follow: "The EPA ruling that greenhouse gases endanger human health, widely expected after it issued a preliminary finding earlier this year, will allow the agency to regulate planet-warming gases even without legislation in Congress."
We've got ourselves a wonderful little method that can avert the legislative branch - simply argue human health is in jeopardy and legislation is no longer required.
Want to force everyone to stop having more than one child - argue that too many people are a threat to the environment and therefore human health.
Want to take away people's money - argue that consuming is adding to landfill waste and toxic runoff and a threat to human health.
Want to start a war with China - argue their factories are emitting too many green house gases.
All is possible in the future with the precedent they are trying to set today - CRAPULATION DAY!
Many people forget that Rome was not a tyrannical dictatorship for it's first 550 years of existence. The precedent that set Julius Caesar's rise to becoming the first dictator occurred in 63 BC, when Marcus Tullius Cicero convinced the Senate to convene martial law and give him all power (temporarily).
The markets can rise today, they may fall, they may end even, but sadly CRAPULATION DAY has already come, and we may not be a nation capable of reversing the trend.
My apologies for ending a humorous series of blogs with a serious ending. Good luck to all.