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alstry (35.38)

SECURITY UPDATE: Are We On The Brink Of WW3????

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October 12, 2009 – Comments (27)

The Bankers have cut off credit to the American citizens AFTER the American citizens bailed out the bankers and gave them billions in bonuses.

Revenues to our Cities, Counties and States are evaporating.

Revenues to our Businesses are evaporating.

Incomes to our Families are evaporating.

This is what happens when a credit dependent economy is cut off of credit....and now we KNOW our economy has been cut off.

Banks squeezing entrepreneurs  
U.S. banks are reducing their lending to businesses at the fastest rate on record, threatening to derail the economic recovery.

As a result: 

Our country is shutting down....and based on tax receipts in September.....the pace is accelerating.

Obama faces very difficult choices....he must now counterfeit currency in order to keep his/our nation functioning under the current structure.....no other President in the history of the United States has ever been forced to counterfeit/print to sustain government (government is now 50% of GDP)....others simply borrowed/print.....a BIG legal difference.

The world is getting upset at us.....nations are OPENLY threatening to remove the dollar from being the World's reserve currency....if that happens....well....let's just say Obama can't allow that to happen and leave it at that for now.

Obama has over 330 million people that are bound to accept whatever choice he makes.....if nations won't accept our currency, do we attack them to take what we need since we don't have any other currency or reasonable means of getting any(IRAQ anyone?)  OR    do we confront the fact that the bankers have cut us off from credit  and restructure our economy(the bankrupting of America).

The issue with America is we NEED so much to maintain our current footprint....an amount no other nation has or can afford to maintain.

At this point, credit is not simply being curtailed...it is being cut at the fastest rate in history.  Tax receipts are evaporating at the fastest rate in history.  Auto dealers are shutting down at the fastest rate in history.   Our Universities and colleges are now shutting down....our court system is now shutting down.....so are our retailers, restaurants, hotels, and many other businesses.

Obama is running out of time.....what will he do?....what will other nations do to us if we keep simply printing and don't manage our currency responsibly?

Most of you do not have the educational background or experience to understand the impact of a debased dollar.  For the last hundred years, the dollar was the currency that the entire world viewed as the safest.....and we as citizens benefitted greatly from such a perspective.  But Benny B has made sure that is no longer the case......and our currency is being attacked by the world.

Whatever decision Obama makes, or forced into....we as citizens of the United States will be bound legally to accept the consequences.

Let's hope for all our sakes our President makes the right decision as he has been backed into a corner....a corner none of us would ever want to be backed into.

And think...some Fools are focusing on the market is going up even though credit is being cut off, sales are evaporating, and America is shuttin down????

Will we restructure or fight?????  Time will tell....11.10.9.

 

 

 

27 Comments – Post Your Own

#1) On October 12, 2009 at 4:19 PM, catoismymotor (41.19) wrote:

WW3 = Cold War

WW4 = War on Terror

WW5 = Yet to be determined.

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#2) On October 12, 2009 at 4:26 PM, miteycasey (31.23) wrote:

The Bankers have cut off credit to the American citizens AFTER the American citizens bailed out the bankers and gave them billions in bonuses.

 

Odd I just refinanced my house.

Credit mostly has been cut off to those who are uncredit worthy and should have never had  credit in the beginning.

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#3) On October 12, 2009 at 4:27 PM, alstry (35.38) wrote:

When you run out of income, and run out of savings, and get cut off of credit....you are Zombulated.

 

Dollar Reaches Breaking Point at Banks Shifting Record Reserves Into Euro

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#4) On October 12, 2009 at 4:31 PM, alstry (35.38) wrote:

mitey...


America is shutting down and Americans are losing the most jobs in history...who is credit worthy today may not be tomorrow.

 

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#5) On October 12, 2009 at 4:35 PM, jason2713 (< 20) wrote:

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#6) On October 12, 2009 at 4:35 PM, jason2713 (< 20) wrote:

http://www.foxnews.com/video/index.html?playerId=011008&streamingFormat=FLASH&referralObject=10261372&referralPlaylistId=ef08d24fac5bb90c6b8b114674df71418d6fc1a8

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#7) On October 12, 2009 at 5:33 PM, InflationSilver (99.96) wrote:

Alstry, what happened to your CAPS score buddy?  Didn't you used to make fun of people who could only pick 65% correct?

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#8) On October 12, 2009 at 5:43 PM, alstry (35.38) wrote:

Think of Alstry's CAPs score as a coiled spring.......

Think of Alstry as one of the few that can lose most of his points and still be in the top 1%.

Think of Alstry as one of the few who called the top at 14,000

Think of Alstry as a long term player...........who is still playing.

 

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#9) On October 12, 2009 at 5:46 PM, alstry (35.38) wrote:

And as far as WW3....you should listen to some of the conversations I have recently with some of my West Point buddies....but let's not go outside the scope of CAPs.

Let's hope Obama makes the right decision.

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#10) On October 12, 2009 at 6:34 PM, dudemonkey (40.87) wrote:

Is this your 10th or 11th blog post since you said you would stop?

 

I think you might have upped the pace since you gave up blogging.

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#11) On October 12, 2009 at 6:46 PM, guiron (20.13) wrote:

WW4 = War on Terror

Is this a joke? Because it sure sounds like one, particularly since the US is the only country using that term (not to mention the only country engaged in this war), and since Obama was elected we no longer officially use it.

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#12) On October 12, 2009 at 6:48 PM, guiron (20.13) wrote:

Will we restructure or fight?????  Time will tell....11.10.9.

What is supposed to be happening on that date?

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#13) On October 12, 2009 at 6:55 PM, catoismymotor (41.19) wrote:

# 11 - Nonsense. I was at a little curry hut in Greenland last Tuesday when I overheard a group of Equidorian monks discussing the subject.

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#14) On October 12, 2009 at 11:31 PM, jesusfreakinco (28.83) wrote:

Alstry -

Obama making the right decision...

It seems he has several choices:

1.  Prohibit Israel from attacking Iran by refusing to let them using Iraqi airspace.

2.  Allow Israel to attack Iran by allowing them to use Iraqi airspace.

3.  Attack Iran with/without Israel

Which of these of these is the right answer according to Alstry and tell us why.  Stop beating around the bush and let us know what you really think and why.  Be a man and stand with your convictions.

JFC

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#15) On October 12, 2009 at 11:54 PM, alstry (35.38) wrote:

JFC....

It simply is not appropriate for CAPs....

All I can say right now is things are a bit tense.

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#16) On October 13, 2009 at 10:22 AM, bullnada (< 20) wrote:

Miteycasy,

Odd you refied your house? Yah it is odd kinda.- what was it alstry over 50% in cali have negative equity? With an 850 credit score you cant refi your million dollar loan when its valued at 700,000. You are lucky you purchased your home in the 80's or 90s. how about the option arm loans and neg am resets this year. Maybe you had 300k to refi?

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#17) On October 13, 2009 at 10:50 AM, jmt587 (99.89) wrote:

Casey has it right in # 2.  Also, cracking up at 1) Alstry changing the date to November 2009 (can't believed he skipped right over October, with Halloween, could have been a great tie in with the zomby theme). and 2) cato and the monks, I can't tell if he's joking (90% sure, but I don't know him and what he does...), but either way, the reply made me laugh out loud.

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#18) On October 13, 2009 at 11:09 AM, 4everlost (29.38) wrote:

cato

I agree with #17 jmt, your comment made me LOL.

 

BTW, that wasn't you on TV last night, was it?

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#19) On October 13, 2009 at 11:10 AM, AdirondackFund (< 20) wrote:

Ride Revere Ride!

Looks like the Bulls are now jumping on your Bandwagon.  It might be the only safe place to be once rigour mortis sets in. 

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#20) On October 13, 2009 at 11:18 AM, Tacomatight (74.29) wrote:

Alstry,

You must have 20 accounts on MF so that you can get all these recs. Either that or you picked up a lot of your 'West Point buddies' (other transients from the shelter) and brought them along to abuse the public library computers with you, while passing a bottle of mouthwash between eachother.

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#21) On October 13, 2009 at 11:30 AM, catoismymotor (41.19) wrote:

# 17 & # 18 - I am glad I got a couple of chuckles from that. I am kidding about the WW4 thing. The opinion about WW4 I heard expressed by some WHARRGARBLE wannabe on a call in show a few months ago. I was amused by it and have had it at the ready ever since.

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#22) On October 13, 2009 at 11:55 AM, Starfirenv (< 20) wrote:

BOAJ
ZERO CRED
"Most of you do not have the educational background or experience to understand ......"  Right. That's what it is.

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#23) On October 13, 2009 at 12:08 PM, ocsurf (< 20) wrote:

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#24) On October 13, 2009 at 12:16 PM, Huayra (< 20) wrote:

Either mostly through stimulus or due to inventory rebuilding, your country will probably now have at least 2 quarters of GDP growth and increased company profits.

The US will do just fine, also in the future. The country will just have to except slower growth rates in the future and the need to reduce debt and services and increase rates and taxes, but that's hardly the end of the world.

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#25) On October 13, 2009 at 12:16 PM, LegalizeMe (39.03) wrote:

Will we restructure or fight?????  Time will tell....11.10.9.

What is supposed to be happening on that date?

 

That's the date Modern Warfare 2 is released.  Maybe he's a gamer?

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#26) On October 13, 2009 at 12:27 PM, Huayra (< 20) wrote:

Good call on the gaming.. lol

It would seem Alstry is currently without a job, unless his boss believes blogging increases productivity in the workplace, and he already indicated he has no investments at all.

That leaves enough time for some serious gaming. No fun blogging 24/7, telling other people why they should not be investing (on an investment site of all places)! 

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#27) On October 13, 2009 at 12:27 PM, jddubya (50.69) wrote:

"SECURITY UPDATE: Are We..."

LOL - Tooooo funny!  YOU?!??!? Giving us a security update?!?!?!

HA ha...Your narcissism is really putting the funny on the Fool blogs Report this comment

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