Use access key #2 to skip to page content.

alstry (34.92)

UNFORTUNATELY.....HERE IT COMES!!!!!!

Recs

17

October 07, 2009 – Comments (11)

When you drain a nation of its money.......the society begins to get agitated as more and more have to beg for money.

Thousands mob Detroit center in hopes of free cash

 

Scuffles break out as thousands mob Detroit center to apply for federal homeless assistance

Scuffles erupted as thousands of Detroiters jockeyed, pushed and shoved Wednesday to get free money being offered to only 3,500 of the city's recently or soon to be homeless.

Several received medical treatment for fainting or exhaustion while frantically trying to obtain the applications for federal assistance. The long lines and short tempers highlighted the frustration and desperation that Detroiters feel struggling through an economic nightmare.

The line around downtown's Cobo Center started forming well before daybreak. Anger flared within a few hours as more people sought out a dwindling number of applications for the program.

Members of the Detroit Police Department's Gang Squad and other tactical units were called in for crowd control. Several people reportedly passed out from exhaustion and had to be treated by emergency medical personnel. Some minor injuries were reported, and no arrests were made.

"It's a sign of the times, and we can't deny we have people here who are in need," said Karen Dumas, communications director for Mayor Dave Bing. "It's scary and very disappointing. It also shows a need for redirection for our city."

http://finance.yahoo.com/news/Thousands-mob-Detroit-center-apf-3096368721.html/print?x=0

SITUATIONS LIKE THIS WILL INCREASE AND SPREAD ACROSS THE NATION.  Why do you think LRADs were shipped to police departments???

Credit is drying up....so is spending.....sales are evaporating.....profits are almost gone.....and jobs are becoming scarce.  Everytime I post a link to job cuts...that is another family that likely has lost income.....another taxpayer extinguished.....and in the current environment, it will be very difficult to replace the job.

As Americans lose access to credit and spend down their savings......more and more will be out on the streets....it is the mathematical consequence of Zombulation. 

What does it say of a nation that bonuses its bankers billions for draining the nation of money AFTER infecting it with a debt load that can't be paid back????

Sales on low end homes are skyrocketing because many are trying to downsize......you can only downsize for so long before you are down to practically nothing.

Alcoa's sales DOWN 33% and aluminum prices are UP 18%????...and better than expected.

Keep telling yourself that....pretty soon the fact that you have a job will be better than expected....until you lose your job.

Keep believing that the current 20% unemployment is really only 10%.  That sales routinely declining 30, 40, and 50% in MANY different industries is merely a recession.  Corporate Income taxes DOWN almost 70% is nothing to be concerned about. 

A $2 trillion dollar deficit is more of the same?????  No nation in history has simply been allowed to counterfeit its currency to feed its poor....you are soon about to find out what happens when you thumb your nose at the integrity of money............as it has NEVER happened before to America.

How Foolish are you???.............keep smiling....its good to be optimistic....especically when the Farmer is walking in the door.

If we don't restructure soon.....we will soon be restructured....the only question is how??????

11 Comments – Post Your Own

#1) On October 07, 2009 at 10:38 PM, RonChapmanJr (90.28) wrote:

You know I see things getting worse than you even predict, but I have to wonder about this "not blogging" thing.  I thought you were focusing on healthcare and government or have I missed something?

Report this comment
#2) On October 07, 2009 at 10:40 PM, alstry (34.92) wrote:

MOST OF YOU GO TO WORK TO MAKE MONEY...WHEN A NATION COUNTEFEITS CURRENCY...eventually its money becomes worthless

Dollar Falls Toward Two-Week Low Versus Euro Amid Signs of Global Recovery

When a nation produces little and borrows a lot simply to consume....what is its currency really worth???????

Report this comment
#3) On October 07, 2009 at 10:42 PM, alstry (34.92) wrote:

Ron... 

The above blog is about health and government....pretty soon all of our blogging will be about health and government.

When the government has no money...all of our health is in jeopordy.

Report this comment
#4) On October 07, 2009 at 10:45 PM, alstry (34.92) wrote:

Ron,

What do you see happening if the dollar becomes worthless....

Gold Surges to Record for Third Day as Dollar's Weakness Increases Demand

Report this comment
#5) On October 07, 2009 at 10:50 PM, alstry (34.92) wrote:

THE MASSES ARE FINALLY WAKNG UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

STOP PRINTING MONEY

Rep. Steve Israel gamely tried to explain the proposed health care reform Monday night, but was often shouted down during his town hall-style meeting at Suffolk County Community College in Brentwood.

Israel (D-Huntington) at one point pleaded with those in the crowd yelling at him to "stop calling me a liar and listen." Judging by the ever-increasing decibel level, he did not win over many converts.

Shouts of -- "Stop printing money,"  "We don't care what you think,"  and "You're a moron" -- permeated the 90-minute session, which drew far more than the 450 people who filled Van Nostrand Theatre.  Scores more were not allowed inside after a Suffolk fire marshal closed the doors.

NOW YOU WILL BEGIN TO FEEL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

Report this comment
#6) On October 07, 2009 at 11:53 PM, motleyanimal (87.23) wrote:

I have suggested in the past that your blog is satirical, a farce posted at the expense of the investing community. I suspect that the only spreadsheet you have ever looked at is the centerfold of Hustler magazine.

 

Report this comment
#7) On October 08, 2009 at 12:09 AM, topsecret09 (36.64) wrote:

#6) On October 07, 2009 at 11:53 PM, motleyanimal (98.80) wrote:

I have suggested in the past that your blog is satirical, a farce posted at the expense of the investing community. I suspect that the only spreadsheet you have ever looked at is the centerfold of Hustler magazine.   Do you ever have anything good to say ? Do you wait In anticipation of Alstry's next post so you can ridicule him? Why don't you find something constructive and useful to add to the dialogue Instead of Irrelevant blather........  TS

Report this comment
#8) On October 08, 2009 at 12:35 AM, motleyanimal (87.23) wrote:

Topsecret09, are you playing the part of Igor, faithful assistant to the Mad Doctor as he creates his Monster?

Report this comment
#9) On October 08, 2009 at 12:45 AM, alstry (34.92) wrote:

Actually Motley....your picture resembles one of those guys...you won't believe how hard I am lauging right now.

Thanks...I needed that.

Report this comment
#10) On October 08, 2009 at 12:50 AM, alstry (34.92) wrote:

Here is a link to Motley's face..

http://caps.fool.com/player/motleyanimal.aspx

Which character in the video he presents does he resemble most????

Motley.....slow pitch down the middle......it's outta here!!!!!!!!!!!!!!!!!

Report this comment
#11) On October 08, 2009 at 10:37 AM, jddubya (35.16) wrote:

"How Foolish are you???.............keep smiling....its good to be optimistic..."

Exactly!

Report this comment

Featured Broker Partners


Advertisement