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alstry (35.38)

Obviously Not Enough...Yet.

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October 18, 2009 – Comments (8)

Most Colorado municipalities, including Loveland, rely on sales-tax revenues to build a budget around.

Loveland's sales tax has typically grown at least 4 percent annually, Hartman said.

That changed in 2009.

"This will be the first time that we have had negative growth at all," he said. "We have always had positive growth of some kind."

Loveland officials had predicted a 3 percent sales increase for 2009. Instead, city officials say Loveland could see a nearly 6 percent decrease.

"At this time last year, the economy was still clicking, everything was still going strong," Hartman said. "There was no real indication (of) what was going to happen."

A month after the 2009 municipal budget was approved, the city's sales-tax figures began to dwindle.

FOR THE FIRST TIME!!!!!!........Increases now decreases.......

It is simply impossible to pay off a massive debt load when revenues are evaporating.  The BIG issue is when that debt is carried by the largest consumer in the world...the local, state, and federal govevrnments of the United States and is responsible for half of the GDP of the largest economy in the world....ours.

8 Comments – Post Your Own

#1) On October 18, 2009 at 10:22 AM, jddubya (50.69) wrote:

Time to revisit one of your promises:
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=197833&t=01002130057764754273&source=isrsithln0000001

Alstry's Last Blog 

May 20, 2009 – Comments (36)

Yes its true.....and you will not have to wait 12 months.

If by the end of the Summer....yes the end of Summer....if the following is not the general perception of most of the reasonable caps players...and even a few of the unreasonable ones as well....Alstry will quit blogging forever.....unless of course he is rated 100 before then which is also very likely and the basis to quit blogging.

By the end of Summer....most CAPs players should have most the following perceptions:

1.  That America is heading to its GREATEST Depression in History.

2.  That residential and commercial construction will pretty much come grinding to a halt.

3.  That Auto Sales will slow to a trickle.

4.  That cities, counties and states will be forced to fire hundreds of thousands of workers...maybe millions.

5.  That many of our schools will be forced to shut down or scale way back.

6.  Unemployment or the fear of unemployment will reach the highest levels in our lifetime.

7.  Bankruptcies and loan defaults will explode to levels never seen in history.

8.  Earnings for many of our corporations will be on track to be simply a memory and no longer reality.

9.  Motley Fool will be known as the spawning ground for one of the most accurate economic forecasting disciplines in the World....Alstrynomics.

10. Deej will actually like Alstry and agree that Alstry was right all along.

If the vast majority of the above fail to materialize....Alstry's done.  Period.

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#2) On October 18, 2009 at 10:33 AM, alstry (35.38) wrote:

With a P/E of 140 and earnings evaporating.....#8 looks good.

With residential home construction down 80% and commericial pretty much ground to a halt.....2 for 2.

With cities counties and states now slashing hundreds of thousands....3 for 3.

Bankruptcies skyrocketing to record highs....4 for 4.

Schools across America cutting and slashing.....5 for 5.

Auto sales.....September is the month to remember without a stimulous.....6 for 6.

Unemployment and the Fear of Unemployment  is reaching rates NEVER seen before......7 for 7.

As far as heading for the greatest depression in history...but for an unsustainble deficit now tracking at $2 Trillion dollars...we are ALREADY in the greatest depression in history.....8 for 8.

As far as 9 and 10........

 

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#3) On October 18, 2009 at 10:54 AM, jddubya (50.69) wrote:

Ummm... your perception is irrelevent here:

"if the following is not the general perception of most of the reasonable caps players...and even a few of the unreasonable ones as well...."

LOL - yes, you are funny!

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#4) On October 18, 2009 at 10:57 AM, alstry (35.38) wrote:

Based on the factual presentation above......if you do not conclude in the affirmative.....clearly you are not reasonable.

No matter how hard you click your ruby slippers....conditions will continue to deteriorate....it is the mathematically certain outcome of Zombulation.....unless we restructure.

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#5) On October 18, 2009 at 11:06 AM, jddubya (50.69) wrote:

"No matter how hard you click your ruby slippers....conditions will continue to deteriorate....it is the mathematically certain outcome of Zombulation.....unless we restructure."

Here's another reminder for you:

Alstry Really Signing Off For a While

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October 09, 2009 – Comments (36)

Things have now become clear to me...

Why Obama won the Nobel Prize

Why Russia, China and others are moving away from the dollar to a new currency

Why we attacked Saddam Hussein for selling oil in a currency other than dollar

Why Iran is now doing the same thing

Why Russia and China have a mutual defense pact with Iran

Why the stock market is going up despite collapsing revenues and a PE over 100

Why revenues to our local, state and federal governments are evaporating

Why the BLS is lying about unemployment

Why the Fed is simply monetizing contrary to public represenations

Why Congress has failed to bail out the citizens while bailing out the banks

Why our nation is shutting down....especially now that government is slashing

Why so few are cognizent of the true condition of our economy....

The reason is far beyond the scope of CAPS and let's hope it resolves quickly.....when it does I will be back......and yes MOAP did come by 9.09.......to all good luck and may the Feeling pass quickly for all that our affected....for when it does, the future will be bright indeed.

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#6) On October 18, 2009 at 11:25 AM, PaxtorReborn (29.55) wrote:

He's actually far too insane to ever stop

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#7) On October 18, 2009 at 12:40 PM, Rasbold (92.54) wrote:

Quit torturing old Alstry, sure he is out there,  but you got to respect his stats. The guy is not an idiot.

 

Speaking of idiots, ever see the movie "Idiocracy"?

There is truth in it. We promote the "Stan Gables" of the country....well, no more. Those guys are soon to be on the streets. Who would'nt want that to change?

 

Alstry wants the world system to collapse, can you blame him?

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#8) On October 19, 2009 at 5:51 PM, AvianFlu (38.49) wrote:

Alstry:

How do you figure that the PE ratio of the stock market is 140?

According to my lastest Value Line, the PE is more like 17.

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