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alstry (36.27)

This Sucks...Being a Bull or Bear No Longer Matters

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November 04, 2010 – Comments (3)

Bank of Japan to buy stock-index ETFs, some REITs; leaves policy rate unchanged

In a world that central bankers can simply print as much money they want and buy stock in anything they please......the traditional perspectives of "market", "earnings", "value" or even "money" really no longer hold true anymore.......

No longer do the spoils fall the best, or hardest working or most competent.....truly Atlas has Shrugged.

It has become clear that while most citizens have to work for money....other "chosen" ones get to print and give themselves essentially unlimited quantities......the laws and rules that built capitalism are now a relic of history.....run by a cabal of counterfeiters and moochers.

In the past three years...I have seen money losing otherwise involvent public homebuilders get billions in financings while over 80% of the private homebuilders in America went bankrupt.  A decade ago, such behavior would have resulted in criminal prosecutions for market manipulation.....now nothing.

It is clear that central bankers, public companies, and chosen banks play by a different set of rules and laws than the rest of the world.  The market sucks......and competing against one with unlimited capital is not competition....it is a guaranteed losers game for anyone that tries.

We have become nothing more than slaves to the bankers........and our politicians have shunned their obligations to the citizens.......I say to hell with them.....and to hell with the market.....as these pricks get to pick and choose who gets what and how much.....regardless what value they confer society..........

Just pay attention to the environment around you......we already have massive commerical vacancies...millions of workers fired....and millions of small businesses shut down....you are about to see a lot more private businesses shut down as they can't compete in such a handicapped game......

as the prick paid for politicians and their banker buddies tell you everything is improving as they invite you to take a ride on the train.....pretty soon that invitation may come at the end of a gun......and what happens when the train stops is anyone's guess..........

anything can happen when the rules only apply to the many and not the few........and when anything can happen, it ususally does........

prepare.....it may be time to fear......there is no law and the the sherrif is a crook.

3 Comments – Post Your Own

#1) On November 04, 2010 at 11:26 PM, alstry (36.27) wrote:

The link for above:

http://www.marketwatch.com/story/bank-of-japan-details-asset-buying-plans-2010-11-04

 

Any bets our Fed is buying directly, or indirectly through banks, private equity funds, or others to engage in similar behavior to manipulate our markets as our private economy shuts down.....

and the crappy part.....not a single person is credibly supporting the private American citizens.

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#2) On November 04, 2010 at 11:49 PM, alstry (36.27) wrote:

There is "money" for our President to take a BILLION dollar trip to India and book an entire hotel for hundreds of his closes friends.....there is money for the FED to pump unlimited amounts into its buddies banks.....there is money to buy debt in failing companies....

BUT THERE IS NOW NO MONEY FOR OUR SCHOOLS, FIREFIGHERS AND PARKS?

Riverside County CA Considers Closing 3 Fire Stations

6 Eugene Oregon Schools That May Close

Florida Proposes Closing 53 State Parks

YUP...it is about time to tax the rich and confiscate everything from ANYONE with any ounce of freedom left.....

and most of you idiots thought I was in favor of higher taxes.....why the fu*k should anyone pay a dime of taxes when the government can now monetize its expenditures without being forced to borrow from a third party......

if a government can legally monetize expenditures out of thin air without consequence...the only function taxes serve is to indenture the citizens....as the funds are no longer required to operate government......

Never hear the Gardner Bros raise that issue......sorry, that one requires a bit of thinking.

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#3) On November 05, 2010 at 12:01 AM, alstry (36.27) wrote:

How are you going to be taxed.....or excuse me, freedoms taken away?....the cost of everything you pay for is going to skyrocket and jobs will be elimiated and wages slashed....and that is just the beginning.....as the bankers and politicians take it all.....

Citing Health Overhaul, AARP Hikes Employee Cost

Commodities Gone Wild! Prices Spike Post Fed

Kraft Foods Increases Prices, Marketing in 3Q

Harley Davidson Threatens to Close KC Plant

NY Governor Paterson Calls for $300 Million in Cuts

YOU THINK THE GOVERNOR EVER TOOK A PAYCUT?  WHILE HARLEY BENDS OVER ITS EMPLOYEES AND EXECS GET MASSIVE BONUSES AND LOTS OF FREE MONEY FROM WALL STREET?

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