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alstry (35.09)

Happy Greetings From The Zombulator

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December 23, 2009 – Comments (5)

When Benny the B and Timmy the G unleashed the Zombulator upon America and only bail out their banker buddies......cash flow across America evaporated.  Cash Flow to our families, to our businesses, to our cities, counties, and states......hospitals, schools, and universities.

It is simply the consequences of infecting an economy with a debt load that can only be serviced by increasing credit to all.  When you only increase credit to a select few, only they survive and the rest fail as servicing the massive debt sucks out the revenues that otherwise would have been spent for goods and services.

If you understand fractional reserve banking and its implications, you will appreciate that the whole process was really not much more than a Ponzi Scheme......and now it is unwinding as we simply bailout those that were behind the whole process from the beginning.

As we approach 1.01.10....cash flow to many are reaching such low levels they can no longer meet monthly obligations or service debt.....once they run out of savings and access to credit, they are Zombulated and must shut down.  As more and more shut down, cash flow will decline further until it is so low that our entire system as we know it fails. 

Prepare for lots of stories like this as we near the Holidays.....and the New Year.

Layoffs are a fact of life in this economy, but there are humane ways to do it. Then there's the Arrow Trucking method.

The Tulsa, Okla., trucking company stopped payment on the gas cards of its drivers, leaving some of them stranded Tuesday around the United States, miles from home. No explanation on the website. No one at the company answering phones.

The 200 or so employees at Arrow Trucking's headquarters were told to pack up their belongings and go home Tuesday morning, according to the Tulsa World.

The only acknowledgement was a brief recorded message on the company's main phone number, asking drivers of its Freightliner and Kenworth trucks to turn their rigs in to the nearest dealer and to call a special hotline to arrange for a bus ticket home. Drivers of the company's Navistar trucks were told to call back for more information.

"I wouldn't say it's typical, but I wouldn't say it's unheard of" for a trucking company to lay off workers in such a fasion, says Alan Bristol, a truck driver in Fort Collins, Colo., who was laid off earlier this year.

The difference is that more than 95 percent of such failures involve companies with fewer than 20 trucks. The apparent failure of Arrow Trucking, with some 1,400 flatbed trucks and 2,600 trailers operating throughout the US, created much bigger ripples throughout the industry. "A company this size would normally would go into this bankruptcy in a little bit more orderly manner," Mr. Bristol says.

http://www.csmonitor.com/Money/2009/1222/Arrow-Trucking-Is-this-any-way-to-lay-off-workers

NOT IN A WORLD OF ZOMBULATION WHEN CASH FLOW IS EVAPORATING.....UNLESS YOU ARE IN THE WAR OR WELFARE SEGMENT OF THE ECONOMY.....WHERE CASH FLOW IS GROWING.

TIME FOR A VACTION:

http://www.hobbittravel.com/

IF WE DON'T RESTRUCTURE SOON, THERE WILL NOT BE MUCH LEFT TO RESTRUCTURE.....AS YOU ARE TOLD THE ECONOMY IS IMPROVING...............................................

5 Comments – Post Your Own

#1) On December 23, 2009 at 12:30 PM, alstry (35.09) wrote:

To put the cash flow problem in perspective......right now the Federal Government is running a $2 trillion dollar deficit.....a number so large that even if we doubled Americans' income tax, it wouldn't come close to paying closing the gap.

In The Great Depression we had a budget surplus........

Every single government worker is getting paid with borrowed money, so are most of The Wall Street Bankers, same with all the recipients of food stamps, welfare, and unemployment.....and that still doesn't even come close to covering the gap.

I guess if we added in Medicare and Medicaid we would be just about there....and since about 2/3 of health care revenues comes from government we can say most doctors, nurses, hospitals, drug companies and their executives, and health insurance companies get paid with borrowed money.

So next time your banker turns you down for a loan.....think about how many people are getting paid with borrowed money while the rest are going broke and getting kicked out of their homes.

If this goes on for much longer, the public will figure it out and social anarchy will break loose.

Tim Jones, parish priest of St Lawrence and St Hilda, told his congregation in York, northern England: "My advice, as a Christian priest, is to shoplift."

http://market-ticker.denninger.net/archives/1788-Thou-Shalt-Steal.html

HO HO HO.......

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#2) On December 23, 2009 at 4:55 PM, awallejr (85.49) wrote:

As a quick hijack, today I passed you in total points.  Me at 2815, you at 2771.  I said I would do it by year's end and, unlike your predictions, it came true.  My next prediction, assuming no major portfolio changes on your part, is that your total points will turn negative by end of next summer at the latest.

OK, carry on.

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#3) On December 23, 2009 at 5:20 PM, alstry (35.09) wrote:

Enjoy your points as the Zombulator strips the world of cash flow.....you can be the most profitable company in the world, if there is no cash flow, you shut down......remember Enron????

Prepare for massive numbers of business around the world to shut down as the Zombulator roams the earth:

Spanish airline Air Comet announced today that all its flights have been suspended owing due to financial problems due to which it is unable to pay its debts.  The airline has a fleet of 13 planes and around 1500 passengers use its services everyday.

http://www.spanishnews.es/20091223-spanish-airline-air-comet-suspends-all-flights/id=1863/

Small-business bankruptcies rise 81% in California

England:

27,000 firms go bust (and the same again are at risk)

Dubai, Greece, Latvia, Iceland, Ukraine, Austria........

It is possible that my score goes negative.....but it is highly likely that WW3 or complete worldwide economic collapse will break out first

Prepare as it is now here.....businesses operating today....out of business this afternoon.  Countries solvent today, broke tomorrow.

If your receivables aren't performing......neither are you.

If you are looking at an EKG to monitor the progression of Pancreatic Cancer.........you are looking at the wrong place.  By the time you realize something is wrong, you are about to die.

Right now many are dying around the world from zombulation as the sky people are ready to attack....you will soon understand.

In all seriousness, congratulations on your score......keep up the good work.

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#4) On December 23, 2009 at 5:34 PM, alstry (35.09) wrote:

EXPECT MASSIVE NUMBERS OF HOTELS TO SHUT DOWN 1.01.10 AS CASH FLOW EVAPORATES.....

See-through Hotels

by CalculatedRisk on 12/23/2009 05:07:00 PM

With record low occupancy rates (lowest since the Great Depression), it isn't surprising that some hotels are just closing down ...

From the Daily Herald: Arlington Heights Sheraton, Coco Key water park to close (ht Doug)

Barring a last-minute rescue, the 14-story [Sheraton Chicago Northwest] hotel at 3400 W. Euclid Ave., as well as the 65,000-square-foot indoor CoCo Key Water Resort, will cease operation at 5 p.m. Dec. 28.
...
CoCo Key opened in January, 2007, at a cost of $25 million.

As the largest hotel in Arlington Heights, the Sheraton's closure amounts to a huge loss for the village in terms of sales tax revenues and jobs.

And from the Chicago Tribune: Wyndham O'Hare hotel in Rosemont to close on Jan. 1

The Wyndham O'Hare at Rosemont will close a week from Friday ... The closing of the 12-floor, 466-room hotel comes at a time of declining revenue in the hotel industry and a struggling convention industry in Chicago. ...

The hotel defaulted on a loan at the same time that the bank holding the loan was ... seized in October ... The new owner of the loan, U.S. Bank, was not willing to advance the funds needed to keep the hotel open while in default ...

See-through hotels!

AND MANY MANY MORE TO COME IN A ZOMBULATED WORLD

IT IS AMAZING THAT AMERICANS ARE PAYING THEIR CREDIT CARD BILLS TO BAILED OUT BANKERS WHEN THEY THEMSELVES HAVE NOT BEEN BAILED OUT YET......

WHY SHOULD ANYONE PAY THEIR HARD EARNED MONEY TO A BUSINESS THAT IS GETTING FREE MONEY FROM THE GOVERNMENT AND THEY ARE NOT???????

SINCE WHEN DID AMERICA GIVE FREE MONEY TO ONE PRIVATE CITIZEN AND NOT ANOTHER?????

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#5) On December 23, 2009 at 6:51 PM, awallejr (85.49) wrote:

Well it was you who thought it was important when you were above 7500.  Now that you are fast approaching zero it doesn't matter so much.  Gotcha.

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