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alstry (35.13)

Do Fools Really Think There Will Be A Stock Market In The Digital Age?

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May 05, 2010 – Comments (7)

Let's think about it....today, most of the sales of our largest publicly traded companies, and a bunch of small ones too, is either to the government or to companies that sell to the government or government funded customers.  Further, health care, approaching 20% of GDP is primarily funded by government directly or indirectly.

Right now Wall Street and Washington are borrowing over $3 trillion dollars per year simply to keep the lights on....otherwise they wouldn't need to borrow and if they didn't, our economy would collapse immediately.

The consequence would make The Great Depression seem like a mild recession.  40 million people would be forced to stand in food lines who are currently receiving food stamps with borrowed money, 16 million people spending tens of billions each year with borrowed money would not receive unemployent checks, tens of millions would be unable to obtain health care and our heatlh care system would go bankrupt....we could go on and on.....

Current income tax receipts are about $1 trillion per year.  So if we quadripled everyone's income taxes, we still wouldn't meet the borrowing needs of Wall Street and Washington's requirements to function.

At this point, the industrial system as we currently operate is now insolvent......we are only functioning by borrowing trillions of dollars each year.......as the private sector has been basically cut off from funding. the primary ones able to borrow right now is Washinton and Wall Street.....until the funds get cut off as we head into the Digital Age.

What are the most likely ways for the funds to get cut off:

1.  Major Government Financial Collapse cascading around the world

2.  Major Disaster, man made or natural, disrupting the way of life as we know it

3.  Major military conflict escalating to the point where trade is essentially halted.

If Fools think there is any difference  between America and Greece....you are truly clueless.  If anything, the Greeks are better off than us..... we Americans carry a boatload of debt, the Greeks generally own their homes free and clear and carry relatively little consumer debt.

Welcome to the Digital Age....it has finally arrived.

Oil from Gulf spill may even 'reach Miami'...
Gulf Coast watches, waits for path...
Leak could hit 40K barrels a day...
Cleanup chemicals worry environment watchdogs...
Oil will persist in sensitive habitat 'FOR YEARS'...

Seriously Fools....did you really think we could continue to maintain this lifestyle by producing little and borrowing much....don't you think it's time to grow up and start being responsible?

And now that your retirement/investment account is built upon a foundation of toxic debt and even more worthless equity.........it is time to ponder the direction of our nation and the world as we enter the Digital Age.

7 Comments – Post Your Own

#1) On May 05, 2010 at 1:55 AM, alstry (35.13) wrote:

MAJOR  STRIKES ARE JUST AROUND THE CORNER FOR US

General strike in debt-ridden Greece over new cuts

A general strike Wednesday in Greece was halting flights, trains and ferries and paralyzing public services, as unions rally against major new spending cuts aimed at saving the country from bankruptcy.

IT IS FAR EASIER FOR THE GREEKS TO STRIKE BECAUSE THEY HAVE VERY LITTLE PERSONAL DEBT....EXPECT MAJOR HEALTH CARE WORKER STRIKES IN AMERICA STARTING IN JUNE.

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#2) On May 05, 2010 at 1:57 AM, awallejr (85.50) wrote:

Seriously.  What the hell are you talking about with this digital age crap?  You can't predict with any real accuracy.  You can't even pick stocks with any success.  You just throw jargon and jingoisms out there.  You keep saying you are leaving but you don't.  I honestly don't think there is a real individual behind the name "Alstry."  I honestly think it is some kind of political motivated organization using the account.

Saying let's "ponder the direction of the nation" is a truly meaningless statement.  Are you really trying to say we just suck?

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#3) On May 05, 2010 at 5:08 AM, ralphmachio (24.89) wrote:

I'd say it's safe to assume that Alstry is more than one person. What exactly the agenda is is a completely different story. There HAS to be a stock market in the digital age, and into next thursday, long after it is over. Where else will I cash out my shorts? 

The funny thing about all the books depicting a new age of social sterility is they all climax with the fall of the system. And oh, what a glorious achievement it is, to overcome ignorance and mental slavery.

And pertaining to whether or not we just suck, with all the warnings of where this is all heading in books like 1984, farenheit 451, etc., we just slowly graze towards the future we were warned about. So yeah, 'we' just suck. Real Bad. We have allowed our fear to drive our decisions, and allowed a group of power addicted sociopaths to take our rights that 'we' forgot the purpose of long ago, just because some of their friends from Saudi Arabia managed to evade our air defenses and fly slow moving projectiles, one after another, at our nations financial and intelligence headquarters. 

Weak. 

 

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#4) On May 05, 2010 at 7:43 AM, alstry (35.13) wrote:

Strange things happen when sheep actually think....

Who said we suck?  And what correlation to we suck would having a stock market or not?

The only fact we know right now is that government and Wall Street borrowing and spending trillions is driving our economy and our stock market....and not our productivity.

just like people borrowing and spending trillions drove our housing market....until they were cut off and new home construction is now down 80% despite massive government and Wall Street borrowing and spending.

Humanity has evolved for thousands of fews....the stock market is only a few hundred years old.....humanity will continue to evolve, depite the sheep.

My only point right now is that money as legal contract consideration is now corrupt....it is now simply evidence of a loan, and a loan only being provided to a select few without any requirement for merit or moral justification.

When you destroy the legal and moral nature of money, you destroy capitalism and logically, the stock market based on it.

By the way, Alstry, Alstrymous, or Alstrydomous didn't do it....we all did by our apathy and failings to maintain responsibility over our system.......if that is the system we wanted to maintain.

It is not me you should get mad at.....just go look in the mirror if you are looking for a culprit.

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#5) On May 05, 2010 at 8:28 AM, alstry (35.13) wrote:

In the sentence that begins with HUMANITY, the word fews should read years...

I will follow up this blog with one about what is money as we enter  the digital age.

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#6) On May 05, 2010 at 8:45 AM, alstry (35.13) wrote:

BREAKING: 

Three dead in a fire amid Greek protests: reports

The only difference between the Greek people and us is the Greeks understand the nature of money....we don't.

The Greeks understand that politicians and bankers get as much money from loans as they want, NOT FROM WORK, where as the Greek workers have to exhange their life for it.  There is only so much of their life Greeks are willing to give up before they say enough.

Quite frankly, I am surprised we havn't figured it out yet....but it is clear knowledge was spreading among the sheep.

Greeks civilization goes back thousands of years, ours only hundreds.....it is only appropriate as we enter the Digital Age....the most convulsive period of change in human history, that the Greeks make the first sacrifices.

Seriously, how hard to you think the bankers or Wall Street executives are laughing  when they give their kids a shiny new sports car for graduation from the proceeds of money you loaned them from your retirement/investment account?

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#7) On May 05, 2010 at 9:13 AM, ChannelDunlap (< 20) wrote:

:Yawn:

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