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alstry (35.71)

If You Are Rich and Retired...YOU BETTER BE CONCERNED

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June 07, 2010 – Comments (8)

The only reason the rich are rich is because they perceive they have the assets to control other people's production......

Traditionally money and gold served this purpose well.......a strong military also allowed one to control other people's production.

The funny part about money is that bankers and government, by bailing out the banks and giving government a seemingly unlimited line of credit, divorced their existence from the underlying productivity of the people they served.  In other words, government and bankers can create as much money as they want whether or not their citizens or customers are productive.

Every citizen can default on their debt and the bankers will still stay in business....or at  least have access to money......no taxpayer can pay a dime of taxes and the government can still have money by borrowing from the bankers.  INTERESTING WHEN YOU THINK ABOUT IT.

If humans don't need to be productive to get a check from the government....then why should anyone work?  and if people stop working for money,  what good is it to be rich?.....

As far as bankers, why should they risk loaning money to people so they can produce....they can loan an unlimited amount to government and be guaranteed a prompt repayment and very profitable margin.

Whooops....if banks don't need to lend to citizens to produce.....and people don't need to produce to get money.............we are not incentivizing America, and much of the world, to shut down.........or at least shut down the Industrial Age and the world as we know it. 

And what good is it to be rich in a world that doesn't exist and much of what you have is worthless........

Welcome to the Digital Age.....I told you it would be exciting....where knowledge and the ability to productively implement it is money...................

Any bets when war starts as the world shuts down?????............

At Least 20 Twin Cities Area Schools Closing 

Update: Milwaukee Schools - Ok 600 Job Cuts

NYC Teachers - 4,400 Layoffs Very Possible

Experts: 25,000 - 80,000 Houston Jobs at Risk with New Drilling Regulations

Norfolk Public Schools VA - Nearly 400 Jobs on the Line

Compton Unified School District CA - 76

City of Lawrence Mass. - 115 

Evanston-Skokie School District 65 IL - 31 More

Arlington Public School Ma - 40 to 46 expected

Brockton School MA - Approved 112 Teacher Layoffs

My sheep...pretty soon we will have to get the flock outta here........

8 Comments – Post Your Own

#1) On June 07, 2010 at 12:41 AM, alstry (35.71) wrote:

IF YOU DON'T THINK WE ARE SHUTTING DOWN....YOU ARE NOT THINKING AS YOU ARE TOLD IT IS A RECOVERY AND FIXATED ON THE BLINKING TICKER

Update: Mount Saint Joseph Academy in Buffalo 

LA Unified Schools CA - Shutters 200 Classes , Campus For Disabled 

8 elementary-school libraries in the Natomas Unified School District CA

Torrence Elementary School, in Keokuk Iowa Closes Today

Update: St. Bernard's High School and at Longfellow Magnet School in St Louis Close Today

Pitsch Elementary in Wisconsin Rapids

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#2) On June 07, 2010 at 1:53 AM, XMFConnor (97.81) wrote:

While you can most certainly blog about whatever you want, I am not sure what the real value of all of these posts are from an investors perspective.

No matter what your view, there will be winners and losers. With zero active picks in CAPS, 438 closed picks, and >20 rating, I have to say that betting against human innovation over the long term has never been a winning bet. While this could all change and there could be ZERO winners, I find that highly improbable.

As a value investor, one of the most important tenets is to believe that the world is not coming to an end. This allows you to be greedy when others are fearful. This would have served investors extremely well during the recent economic crisis, slowly averaging down into great companies. Just looking at six headlines from around the U.S. does not really paint the full picture. I always think it is great to hear both sides of the equation, which is why I wrote this post.

Respectfully Foolish,

XMFConnor

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#3) On June 07, 2010 at 1:53 AM, Donnernv (< 20) wrote:

You need professional help.  You have jumped the rails and are now crashing through the roadside guardrails.

Get competent professional help tomorrow.

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#4) On June 07, 2010 at 2:16 AM, alstry (35.71) wrote:

XMF...

No one ever said the world was coming to an end, nor is anyone betting against man's ability to innovate.....on the contrary, Alstrymous is guiding you into what will be the most exciting and innovative period in human history, the Digital Age

I am not sure how you correlate innovation to the ticker.....one is a value/derivAtive proposition and the other is social and scientific advancement,

Man has been innvating for thousands of years....in some of those years the ticker was around...in others it was not....a few Thursday's ago, the ticker almost shut down but the world did not come to an end.....you were told it was a fat finger.....from my perspective, fat chance.

In time the picks will hopefully return.....when integrity returns to the market....and that time will hopefully come as we innovate and move further into the Digital Age.

Yours truly,

Alstrymous

 

Donner...no professional help is needed.

I am a professional....in more ways than you can imagine.

Alstry predicted the housing crash.....he also predicted the banking crisis.....and he also successfully forecasted the government crisis as you were advising people to purchase municipal bonds.....right here on CAPS and open for anyone to see....it is all documented.

It is clear Alstry was successful in his forecasts......and Alstrymous is now guiding you into the Digital Age.......as production comes to a grinding halt in the Industrial Age.

Don't you wonder.....how does he know?

Just curious, if you truly think Alstry needs professional help, why do you keep reading and commenting on his blogs?

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#5) On June 07, 2010 at 12:53 PM, Donnernv (< 20) wrote:

For the same reason people looky-loo at car crashes or drunks vomiting on the curb.

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#6) On June 07, 2010 at 1:31 PM, alstry (35.71) wrote:

Donner...

Well prepare for the final phase of concentric contraction as we proceed forward into the Digital  Age......

My guess is you won't have the same attitude towards pancakes in the near future........

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#7) On June 07, 2010 at 3:06 PM, XMFConnor (97.81) wrote:

Again, you can certainly write about whatever you want on your blog. That being said, do you really think that constantly forecasting gloom has much investment use? If you always are predicting crashes, you will most certainly be right a number of times. The important thing though, is what your overall track record and return are. Saying that money will lose all of its social value, in my opinion, is way over the top. Our economy is way too efficient for that.

Foolishly,

Connor

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#8) On June 07, 2010 at 3:14 PM, alstry (35.71) wrote:

I have been predicting a market crash since the DOW was 14,000.....

My prediction since then has been consistent.......NEVER waivering once

Since the prediction the DOW is around 10,000 and millions of Americans are out of work, millions of businesses have shut down.....and  now the government is shutting down.

I am not predicting doom and gloom....I am predicting the biggest innovation renaissance in human history....making much of what we presently value as obsolete.

If that is doom and gloom to you.....so be it.

And for some reason you think the market must go up for the innovation renassiance to occur....I am not sure what you are basing your assertion on...but we are each entitled to our own opinion.

 

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