alstry (35.90)

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

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.