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alstry (34.92)

Little CAPs Sheep...do you like getting fleeced????

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July 14, 2009 – Comments (9)

How long will you remain complacent while the lies get rammed up your backside.

 

Today we learned that CSX's revenues were down over 20%.  Soon you will learn most trucking and rail companies suffered similar revenue shortfalls.  Practically everything in America is shipped by rail or truck.

We also learned that Dell's revenues were down over 20%.  Novellus' revenues were down over 50%.  Many technology comapnies are reporting revenue shortfalls of 20%, 30% and more.

Media revenues are down double digits.

Advertising revenues are down double digits.

Transporation down double digits.

Housing down double digits.

Technology down double digits.

Retail down double digits.

Restaurant revenues down double digits.

Hotel revenues down double digits.

Airline revenues down double digits.

Finance down double digits.

Imports down double digits.

Exports down double digits.

A depression is only a 10% decline in GDP from peak to trough.

 The above deterioration has occured WHILE the government is still collectively spending $6.5 Trillion dollars per year.  HALF OF OUR GDP!!!!!

If the government wasn't spending, millions of Americans would be fired from higher paying jobs, consumer spending would decline sharply, and defense, technology, drug and health care revenues would contract materially.

In other words, half of our shrinking ecnonomy simply relies on President Obama and Congress spending money that doesn't exist.  Some people call this kind of spending a Ponzi Scheme when those playing are unaware of the nature of the game. The unpleasant joke right now is much of the money is simply transferring to a few of Benny B's banker buddies while more and more Americans are getting zombulated as the plan begins to fail.

In the end, something will trigger the unraveling of this illusory process.  The press will act shocked and you will be told no one could have foreseen this....but CAPs players will know different.

The population will demand justice but those to be held responsible don't want to get caught.  As a result, if a major distraction arises before the public learns about their fleecing.....it could make the concept of money as we know it meaningless.

At this point,  the only question is how does this play out?  Audit the Fed and learn about the biggest fraud in history? Indict bankers for fraudulent accounting?  War?  Pandemic?   Economic Collapse? All reasonable guesses based on past behavior.

Who knows???....but it is not the end of the world.  It could result in the loss of liberty, but at this point, the outcome is still unsure. 

What is sure and Alstry can almost guarantee the following...if we proceed forward with the same policies, there is little doubt that 50% of Americans will be unemployed and/or on welfare.  That millions more will sustain massive paycuts.  Real Estate values will collapse further and a huge number of corporations will declare bankruptcy and shut down.

If this is too much for you to swallow, then I suggest keep living in your fantasy world and watch CNBS and Jim Cramer.  At some point, you will become aware, at some point, we will all be aware.

Prepare.....9.09

9 Comments – Post Your Own

#1) On July 14, 2009 at 12:25 AM, alstry (34.92) wrote:

EVERY FAMILY IN AMERICA SHOULD PREPARE FOR A 50% INCOME REDUCTION

Not itemized in the list above is evaporating tax receipts to Federal, State, and Local Governments.

The State Worker: Schwarzenegger plans 20% pay cuts

State workers, brace yourselves for another furlough day.

The governor's latest budget proposal assumes almost 20 percent in employee wage cuts: 15 percent from the three-day furloughs that started this month, plus another 5 percent across-the-board whack.

"Three days (furlough) plus the 5 percent," said H.D. Palmer, Department of Finance spokesman when asked Wednesday to clarify the governor's budget proposal.

 http://www.sacbee.com/capitolandcalifornia/story/2011605.html

With revenues down 20%, 30% and more.....every American will be forced to make sacrifices.....it is not the end of the world, nor is it doom and gloom, it is what it is and learn to adjust to it.

 

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#2) On July 14, 2009 at 1:04 AM, barich1 (70.89) wrote:

No rec because you called me a sheep, I slap even my friends for that.  Still a good post though.  Keep the information flowing our way, it is so easy to buy into the BS and look at things through rose colored glasses.  Don't get burned trying to catch the bottom guys.  Take a real critical look around town and you will notice all the commercial vacancies.  I live in Santa Barbara, there's tons of money here and doors are still being shut all over the place.

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#3) On July 14, 2009 at 1:06 AM, alstry (34.92) wrote:

barich,

We are all sheep.  Some of us just scream a little louder.

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#4) On July 14, 2009 at 2:33 AM, blake303 (29.17) wrote:

I have wool in my ears

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#5) On July 14, 2009 at 6:02 AM, fmahnke (89.24) wrote:

BAAA,,,My portfolio was up 2.97%  yesterday and I'm still bullish. BAAA...I know things are terrible in the economy, but I don't understimate the media and the market's ability to snap back in the short-term based on low profit expectations and manipulated earnings in financial companies. BAAA.......I guess the real answer to your question is ....... As long as I can make money at it.

PS.  Though that my last blog would get a rise out of you.  It's looking pretty prophetic right now, even though I think you're right.

Actually, we can both be right. Its all a matter of timing 

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#6) On July 14, 2009 at 8:16 AM, JTShideler (77.45) wrote:

Alstry there is a good article in the Journal for you today.  Although still conservative compared your predictions.

The Economy is Even Worse then You Think

http://online.wsj.com/article/SB124753066246235811.html

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#7) On July 14, 2009 at 9:33 AM, OneLegged (< 20) wrote:

http://finance.yahoo.com/career-work/article/107335/brand-name-companies-go-bankrupt.html

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#8) On July 14, 2009 at 5:16 PM, ocsurf (< 20) wrote:

Baaaaaaaa!

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#9) On July 15, 2009 at 11:34 AM, jddubya (35.16) wrote:

How long will you remain complacent while the lies get rammed up your backside

As long as you continue to NOT explain the alternative to complacency.

I've stated before, there is nothing anyone can do at this point in time.  Preparations needed to be started years ago.

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