Use access key #2 to skip to page content.

alstry (35.28)

Tick Tock Tick Tock

Recs

15

October 29, 2009 – Comments (7)

Every night President Obama goes to bed he knows that the bankers are cutting Americans off of credit.  The very bankers that are threatening government to bail them out.  The revenues to his country and and income to his people are evaporating AFTER the bankers infected the nation with a debt load that mathematically can't be paid back.  So are the tax receipts....down to the point where critical decisions are being imposed on government.

Hospitals, Police Departments and Fire Departments are releasing workers across the nation.  So are schools and universities.  Cities, Counties and States are selling off highways, water systems, and buildings.  America is being liquidated at lower and lower prices.

Obama knows the bankers will eventually cut America off of credit....no nation can simply borrow unlimited amounts of money to feed its poor and elderly.....and government is now borrowing a lot.......or will bankers force America into war in order to take the treasure we need to sustain our population? 

This dilema has faced a number of presidents and world leaders before our current one......here is what Lincoln said:

“I have two great enemies, the Southern army in front of me and the bankers in the rear. And of the two, the bankers are my greatest foe.”

It will not be much longer now as America is shutting down at an accelerating rate.  You knew this in 9.09 as the FDIC, FHA and Pension Guaranty were all out of funds at the same time in the same month while the nation was running a MASSIVE deficit.  Now you are feeling it as we approach 11.10.9 as the business closures, municipal cuts, and job losses start to really accelerate...........

It will be very interesting to see what choices are made.......or shall we say what choices are imposed upon us..........

It is not the end of the world....simply the end of a world as you know it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

7 Comments – Post Your Own

#1) On October 29, 2009 at 5:21 PM, alstry (35.28) wrote:

Manitowoc Q3 rev $881.5 mln vs $1.11 bln

Office Depot sales declined 17% to $3.03 billion from $3.66 billion.

Smith International revenue for the oil-service giant declined to $1.88 billion from the prior year's $2.85 billion.

Come on Fools....other than welfare, unemployment, and military....do you really think the GDP went up when revenues to practically every company are down serious double digits and incomes to families are collapsing confirmed by evaporating tax receipts???

11.10.9....When you FEEL!!!!

Report this comment
#2) On October 29, 2009 at 5:23 PM, alstry (35.28) wrote:

This is consistent with a 20% decline in travel:

Hertz Q3 revenue $2.04 bln vs $2.42 bln

And the FED is reporting a rise in GDP????

Report this comment
#3) On October 29, 2009 at 5:29 PM, Formula51 (< 20) wrote:

Got a good breakdown of the GDP numbers and where exactly the gains were realized?

 I read that 1.7% was from auto's alone, but would like a more indepth analysis of other areas.

Report this comment
#4) On October 29, 2009 at 5:52 PM, davejh23 (< 20) wrote:

Formula51,

I don't know if you saw this article...

http://www.fool.com/investing/general/2009/10/29/heres-why-the-economys-growing.aspx?source=ihpsitota0000001

Report this comment
#5) On October 29, 2009 at 6:04 PM, Rasbold (92.32) wrote:

#3

 Check out the link to Mish's GDP info....

 

www.whatwouldwarrendo.com/wwwd

 

Report this comment
#6) On October 29, 2009 at 7:52 PM, jddubya (40.19) wrote:

Al, here's the reminder you asked for:

 

Alstry Really Signing Off For a WhileOctober 09, 2009 – 

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.

Report this comment
#7) On October 29, 2009 at 8:50 PM, alstry (35.28) wrote:

jd,

How much of your day do you fantasize about Alstry????

The shutting down continues.....

Target Corp. laid off 8 percent of its corporate marketing employees today, citing current needs at a time when the company has reported eight consecutive quarters of declining profits......85 people were laid off.....

HUNTINGTON, W.Va. (WSAZ) -- More than 100 people who work at Sitel in Huntington are losing their jobs.

PRINCETON -- Princeton University announced today layoffs for 43 employees and the reduction in hours for 18 other positions as part of a two-year budget reduction plan to address a sharp decline in the university's endowment.

The staff cuts follow a voluntary early retirement program that led 145 employees to leave Princeton.

No longer are the cuts industry or geography focused...the Zombulator is striking everywhere and getting more powerful as each day passes.

Report this comment

Featured Broker Partners


Advertisement