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alstry (35.41)

Let's Make ONE Point Clear Before Alstry Departs....

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April 22, 2010 – Comments (17)

It has been, and is the position of Alstrynomics that nearly every financial instrument in America is over rated, over priced and in many cases based on fraud or the beneficiary of nothing more than essentially a Ponzi Scheme set forth by Wall Street and the Ratings Agencies and supported by most money managers and many in government.

As this comes to light......the financial world...and much of the rest of the world as you know it will come to an end.

A Senate panel investigating the causes of the nation's financial crisis on Thursday unveiled evidence that credit-ratings agencies knowingly gave inflated ratings to complex deals backed by shaky U.S. mortgages because of the fees they earned for giving such investment-grade ratings.

ANYONE SHOCKED?????

What do we know so far?

Our banks got paid off to KNOWINGLY manufacture toxic assets and made commissions selling them to our pension/retirement/investment accounts.

The ratings agencies lied about the quality of the investments.

Middlemen got paid off to place them in our pension plans and other retirement accounts......and maybe even some of our money managers got paid off to buy them.

And many Fools are still watching the ticker as our nation shuts down and the bankers get bailed out and billions in bonuses???  You wonder why the citizens can't borrow for free and buy treasuries  just like the bankers?

Banks May Not Be Lending, But they are Buying Treasurys 

$178 Billion In Gross Treasuries On Deck, $118 Billion In Coupons

Instead of Motley Fools...maybe we should all be called Motley Sheep?

When I am gone, don't say Alstry didn't warn you with thousands of blogs and tens of thousands of links as supporting evidence.

Remember....when Marshall Law is imposed, we will all be equal regardless of race, gender, or wealth.............because when the money is spent and gone.....government has to take what is left...no matter how rich you think you are or how smart you may or may not be......

Every good Ponzi Scheme must come to an end when the money runs out....and let me tell you....it is running out whether you like it or not.........so you might as well learn the truth.  Why do you think I am leaving.....because the Mainstream Media is about to tell ya........

Good luck to all....and let's hope cooler heads prevail as the world finds out it is broke!!!

17 Comments – Post Your Own

#1) On April 22, 2010 at 9:12 PM, alstry (35.41) wrote:

Oshi....

I spoke to the photoman at the kids lacrosse practice...yes Alstry is retiring....as the truth is finally floating to the surface and my role is no longer needed.

My guess is that capital markets will be changed forever...if not completely shut down based on the widespread nature and extent of the fraud.

How this plays out is anyone's guess....but definitely cigars and cheap beer to reflect.

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#2) On April 22, 2010 at 10:55 PM, topsecret09 (34.65) wrote:

 Best of luck to you Alstry....   TS

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#3) On April 22, 2010 at 10:58 PM, nuf2bdangrus (< 20) wrote:

So where are the perp walks?

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#4) On April 23, 2010 at 1:43 AM, chevionUSA (< 20) wrote:

im off too. to buy rice and tuna cans for 10 years or so...bye

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#5) On April 23, 2010 at 2:24 AM, Nickalisk (41.32) wrote:

How you became so warped and self-delusional is anyone's guess.

You cry foul at the self-aggrandizement of essentially everyone around you - and yet despite all your conviction what do you reap? If you're wrong you lose.  If you're right, you still lose.

Why play the game? 

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#6) On April 23, 2010 at 8:01 AM, alstry (35.41) wrote:

Nick...

Does it so bother you that the game is a Ponzi Scheme and there is NOTHING you are doing about it?

Interesting.........you get upset at the person simply telling the truth.

Think about where that leads........................................

 

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#7) On April 23, 2010 at 8:22 AM, Nickalisk (41.32) wrote:

Upset?   hahah

 

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#8) On April 23, 2010 at 8:44 AM, alstry (35.41) wrote:

Nick.....my suggestion is grab your ankles.

We are all about to collectively learn where apathy leads.

As they say....Evil Triumphs When The Good Do Nothing

Take care.

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#9) On April 23, 2010 at 9:05 AM, carcassgrinder (35.84) wrote:

Encore!!!!  ENCORE DAMMIT....

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#10) On April 23, 2010 at 9:09 AM, PDTBiotech (94.17) wrote:

Alstry,

What would you have people do exactly? For someone whose main means of dealing with the situation seems to be to poster the web with gibberish delivered in all caps with exclamation points you're calling a lot of people apathetic.

I have yet to see you actually comment on what you think people should be doing, you've simply accused every person who disagrees with you of doing nothing.  Here's your chance - I'd love to know EXACTLY what you think people should be doing about this.  Not general terms, but in your opinion what can and should your average Joe do?  If the answer is something along the lines of "grab your ankles", "get ready", "it's too late", etc. I'd say you're not offering a whole lot of value here, as none of those can change the overall outcome or the outcome for average Joe.  Protests?  Armed militia?  Bomb shelters?  Where are you going with this?

While we're at it, are you doing anything?  Besides the ranting, I mean.

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#11) On April 23, 2010 at 10:11 AM, alstry (35.41) wrote:

PBT....

You know your statement above is false.

But if that is the best you can do......it is what it is......

It is time for me to leave.....you will understand why I came.

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#12) On April 23, 2010 at 10:20 AM, Nickalisk (41.32) wrote:

More averting of the question.

I think his purpose is to entertain.   

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#13) On April 23, 2010 at 10:25 AM, ChannelDunlap (< 20) wrote:

For the 5th time:  BYE Alstry.  The music is starting to play, it is time to get off the damn stage.

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#14) On April 23, 2010 at 10:52 AM, alstry (35.41) wrote:

My how we now hate the truth.........

What a sad state of affairs when investing has become  not much more than gambling........

Without truth.....there can be no liberty.

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#15) On April 23, 2010 at 10:59 AM, jason2713 (< 20) wrote:

I've said it once, I'll say it again....GO GOLD!

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#16) On April 23, 2010 at 11:31 AM, jason2713 (< 20) wrote:

Alstry -

I like your posts, all of them.  They definitely shed a nice light on what has been occuring in America.

Having said that, you scared me into selling my 13,000 shares of GTN when I bought it at $1.15.

It's now at $4.15.

Ouch!

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#17) On April 23, 2010 at 1:08 PM, alstry (35.41) wrote:

Jas.....

What should scare you right now is right now our economy is only functioning because President Obama and government are spending trillions of dollars per year that are not being generated in taxes.....

As a result, the money is primarily being lent from our pension funds to sustain our current standard of living....

What happens when our retirement accounts run out of capacity to lend???.....most foreign nations already have.....

When that day occurs....the least of your concerns will be money...as you know it.

In the mean time,  enjoy the show as federal, state and local government and Wall Street take our last remaining cash holdings in our accounts and converts it into what will likely be toxic debt and toxic equity.

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