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alstry (35.65)

Financial Analysis is WORTHLESS!

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August 05, 2010 – Comments (12)

A more politically correct version of the prior blog...

ALL FINANCIAL ANALYSTS AND ECONOMISTS ARE WORTHLESS AND MEANINGLESS IN THE CURRENT ENVIRONMENT......TRUST ME, I USED TO BE A VERY HIGH PAID ONE.....

41,000,000 AMERICANS paying with Food Stamps.....

50,000,000,000 AMERICANS paying with Social Security Checks.......

23,000,000 AMERICANS paying with Government Salaries......

20,000,000 AMERICANS paying with Unemployment Checks......

MILLIONS AND MILLIONS of Healthcare workers being paid with Medicare/Medicaid checks......

MOST AMERICANS ARE NOW SPENDING from MONEY THEY ARE GETTING FROM GOVERNMENT...... AND THOSE THAT ARE NOT WORKING FOR GOVERNMENT ARE THE BENEFICIARIES OF THAT SPENDING......

THE VAST MAJORITY OF SALES IN AMERICA HAS NOW MORPHED INTO GOVERNMENT PRINTING MONEY IT DOESN'T HAVE AND HANDING IT OUT......GOVERNMENT IS NOW COLLECTIVELY PRINTING ABOUT $2 TRILLION DOLLARS PER YEAR.....OR PAYING 50,000,000 FAMILIES OF FOUR $40,000......

THE IRONY OF ALL IRONIES....THE VAST MAJORITY OF TAX RECEIPTS COME FROM GOVERNMENT SPENDING MONEY IT DOESN'T HAVE AND TAXING THAT SAME MONEY IT IS PAYING OUT TO GENERATE TAX RECEIPTS.....

MADOFF WOULD HAVE BEEN PROUD.......CAN YOU IMAGINE HOW HARD HE IS LAUGHING IN JAIL......IF YOU THINK HIS CLIENTS WERE SCREWED.....JUST WAIT UNTIL YOU SEE WHAT HAPPENS TO YOU MY SHEEP.....

YOU SIMPLY CAN'T PRINT MONEY YOU DON'T HAVE....PAY PEOPLE WITH IT....TAX IT....AND SPEND EVEN MORE.........UNLESS THE ORIGINIATION OF THAT MONEY WAS BASED ON PRODUCTION........

OVER 2000 YEARS OF HISTORY BACKS ALSTRYNOMICS.........

THE ONLY TWO CHOICES LEFT ARE SLAVERY AND WAR.....MY GUESS IS THEY ONE OR BOTH IS COMING MUCH SOONER THAN YOU THINK......

12 Comments – Post Your Own

#1) On August 05, 2010 at 1:51 PM, DJoshuaRubin (98.03) wrote:

TRUST ME, I USED TO BE A VERY HIGH PAID ONE.....

Prove it. 

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#2) On August 05, 2010 at 2:15 PM, alstry (35.65) wrote:

Well.....

name another analyst in America that predicted new home construction would essentially evaporate in America and now it is down over 80%......and about to go much lower.

name another analyst in America that stated that essentially every bank in America would be insolvent......and basically, every bank in America went bankrupt.....but for government artificially printing up trillions of dollars and allowing banks to lie about their financial condition.....

name another analyst in America that stated that essentially every city, county and state in America would run out of money.....and nearly all already have......or about to....

All of these predictions were made in writing well in advance of one year prior to when they happend......

and Alstry warned that if we didn't restructure debt.....the only possible mathematical outcome for America, and much of the world, would be enslavement of the citizens in order to generate production or WW3.......

and it doesn't look like we are restructuring debt.....does it?

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#3) On August 05, 2010 at 2:30 PM, catoismymotor (68.20) wrote:

WW3 was the Cold War (1949 - 1990)

WW4 is the War on Terror. (2001 - Current)

WW5 will be the War on Reality Television (2011 - Whenever Mark Burnett is imprisoned on the island of Elba)

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#4) On August 05, 2010 at 2:33 PM, goalie37 (96.98) wrote:

I like your writing Alstry.  You have intelligent things to say and a very unique writing style.

My thought apples to one point you made.  Are financial statements worthless?  To a point, yes, especially with the banks.  But the success of the American economy has always been supported by our transparency, which attracts foreign and domestic investments.  Even if our system is flawed (and becoming more so) we are far ahead of other powers in history.  Did the Romans require SEC filings?  Was the gold wealth of Spain backed by reports of how much gold they were mining in the Americas?  Could an Englishman in the 19th century do due diligence in a few hours from his home?

Our system is not perfect by any means, but it is a huge leap in the journey to a better way.

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#5) On August 05, 2010 at 2:34 PM, galtline (31.40) wrote:

ALL FINANCIAL ANALYSTS AND ECONOMISTS ARE WORTHLESS AND MEANINGLESS IN THE CURRENT ENVIRONMENT......TRUST ME, I USED TO BE A VERY HIGH PAID ONE.....

Did you provide your financial analysis in all caps? 

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#6) On August 05, 2010 at 2:37 PM, alstry (35.65) wrote:

When fraud enters the equation.....there is no such concept of transparency....at least from a practical standpoint.

Madoff's statements were transparent.....however, meaningless.  Thus, due diligence provides no insight into such an environment.

Never, before has our system been so fraudulent...so history will not be a guide this time around.....you will understand soon.

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#7) On August 05, 2010 at 2:52 PM, anticitrade (99.58) wrote:

Alstry, for someone claiming to be a lawyer you did a rather pathetic job proving the veracity of your challenged statement. 

I suppose we are to believe that you are top rated brain surgeon as well?  Why not a professional athlete who moonlights as an astronaut?

If you want your "Alstry" alias to have credibility, the alias must act and perform in a credible way.  Merely borrowing credibility from an alleged "real life" track record is as convenient as it is pathetic.

Unfortunately, your alias has a persona riddled with character flaws.  Such as:

1)  A tendency towards outlandish claims.

2)  Lack of accountability.

3)  A vain love for his own writing

4)  An over the top arrogance

5)  Seemingly endless amounts of time

I wouldn't expect these character traits to match a lawyer or high paid financial analyst, but rather a socially crippled teenager who requires an internet alter ego to gain a sense of importance.

I am not suggesting you are stupid, merely that you may be better served investing your time into reality than a failed internet alter ego.

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#8) On August 05, 2010 at 2:59 PM, chk999 (99.98) wrote:

He's a super model too.

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#9) On August 05, 2010 at 3:09 PM, catoismymotor (68.20) wrote:

I wager he is not allowed to touch the art in museums.

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#10) On August 05, 2010 at 3:33 PM, alstry (35.65) wrote:

My credibility is documented in CAPS....opwn for anyone to see....

you can go back and look at what I as blogging about last year and the year before....the facts stand on their own....

I have very little to prove or defend.....res ispa loquitor....

in this case, the facts stand on their own....

and for what its worth, there will be very little pleasure when war/slavery breaks out.....it is just simply the logical conclusion to a given set of facts.

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#11) On August 05, 2010 at 3:36 PM, anticitrade (99.58) wrote:

See Alstry that is exactly the problem.  I have followed you. 

Do we need to talk about all the 9/09 nonsense from last year?

Or all the times you said you were leaving?

Exactly what facts of yours "stand on their own"?

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#12) On August 05, 2010 at 4:30 PM, awallejr (80.06) wrote:

Well considering Alstry's DOW 5000 call for summer of last year, and his unemployment to hit 50-60% and GDP to hit -60 predictions, as well as his negative score, I can at least understand the "I USED TO BE" claim.

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