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alstry (35.33)

What Kind Of Fool Would Recommend Municipal Bonds????

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December 08, 2009 – Comments (25)

 I have to admit, the Alstry project has been an interesting ride.  In a world where the world is bankrupt.....what is the safe area for investing?

Some Fools recommend municipal bonds despite the fact that municipalities face the most serious finanical crisis in American History.

Others recommend gold and silver.  Yours truly has suggested dollars with some metals as a hedge.

In the end....when the world is bankrupt, no one really knows what is safe.  Moreover, no one really knows what is fact and what is fiction.

When you have a Fed governor tell you sub prime is contained just before we have a mortgage meltdown, you know we either have an incompetent Fed governor or a liar....especially since the Alstry project and others were telling you that mortgages were about to collapse.  When we have bankers tell you their banks as sound just before we have a finanicial collapse, you know we have something strange going on especially when the Alstry project and others were warning you of a pending collapse.

Now we are on the brink of the final collapse, the mother of all collapses, THE GOVERNMENT COLLAPSE, and this one will occur all around the globe.....and most likely, at about the same time......and just think, some Fools are recommending municipal bonds in this environment.

In the end, you will soon find out we have all been scammed.....sorta like we are all Madoff's clients.  The world is broke....and in America, without extracting more money through taxation, our governments will collapse....the problem is there is not enough money to meet government's demands.

Greece, Dubai, Iceland, Ireland, England, Bulgaria, Ukraine..................

In the end, it is my sincere belief the world is preparing for a brand new currency.....one backed by digital cap and trade credits and NOT metals.  Will metals have any value....who knows???   Will private property exist in a Cap and Trade world....not likely.....we will likely morph into a leased based society where the world soverign will control ownership of assets.

Japan revises down Q3 GDP growth to 1.3% vs 4.8%........really does it matter any more.  Practically everything is operating at a fraction of what it did a few years ago and you are being told the economy is only in a recession?????

At some point in the very near future....we will enter into the concentric contraction phase around the world....where most everything collapses.  It is alreay starting in a number of places as this is written.

Venezuela is nationalizing banks and arresting some bankers.  Phillipines is under Martial Law.  There is rioting in Greece and Iran.  America is handing out 40,000,000 food stamps every month and it does even have a dime to support such support.....imagine what happens when the world stops lending America money........you think municipal bonds will skyrocket under such an environment???

Mexico is facing unprecedented domestic violence...especially against the police.  Saudi Arabia is bombing the snot out of Yemen.  Israel is about to invade the land where Jesus turned water into wine....and some say Jesus wasn't a party animal???  Russia and China are facing serious finanical issues and both cracking down on ethnic problems.

In the end, when the world goes bankrupt, the world collapses.  The world is now replete with evidence that concentric contraction is upon us........a half a trillion of RE projects halted or delayed in UAE, billions on the Vegas strip alone, Zombie buildings all over America....empty cities in China.

The world as we know it is about to end.....but a knew one will arise.  The Alstry project thus far has simply been documenting the ending of an age....soon the focus will be on the emergence of a new age as this one winds down in its final days.

Zero hedge calls it project mayhem, Alstry calls it concentric contraction........in the end the name doesn't matter......the game is about to change.....now the question is what will the new game be and how will we get there???

Clearly Democracy is dying in America when the vast majority desire  the Fed to be audited and war to be avoided yet our "elected officials" act otherwise.

Now the question is how much pain and abuse can Americans take before revolting.  Tens of millions  have lost their jobs or wages slashed.  Millions have been kicked out of their homes by insolvent bankers and watched those same failed bankers get billions in taxpayer funded bonuses.  Almost everyone is about to see taxes skyrocket while services will be slashed.  Teachers are being forced to loan an insolvent school district thousands of dollars even though it is likely the district will never have the funds to pay them back.  American people get a few hunded billion dollar stimulous while bankers get trillions and trillions.

At some point  Americans will revolt.  We are the people that said give me liberty or give me death and no taxation without representation.  Now we are simply getting the finger from our politicians  and bankers as a zombulation policy shuts our nation down and more and more resources directed to bankers, government and military.

Eisenhower warned us of this time in his farewell letter to citizens......but it seems few heeded the warnings.  It has been amazing to watch the abuse leveled againt the citizens escalate and so few react with any dismay.  Heck, bankers are even saying they are doing god's work as they impoverish the nation and extract insane quantities  of money from those same citizens.

Go ahead keep getting upset at Alstry.....it is only a factual reflection of what is occuring around you.....the more you get mad at Alstry, the more you are getting angry at your own  environment.

Alstry has known this the whole time......and soon you will too......the blogger you have been so angry with....is nothing more than the concentric contraction of the environment around you.

So next time a Fool recommend municipal bonds......ask yourself is that recommendation really relevant in the current environment??????????????????????????????????

25 Comments – Post Your Own

#1) On December 08, 2009 at 8:05 PM, chk999 (99.97) wrote:

How many general obligation bonds in the United States have defaulted?

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#2) On December 08, 2009 at 8:08 PM, alstry (35.33) wrote:

How many atomic bombs were dropped on Japan before WW2?

How many 4 minute miles we clocked before the first 4 minute mile....but a bunch were clocked shortly thereafter.

I find it interesting when people use the logic how many negatives have never happend to prove a positive......it is simply not logical.

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#3) On December 08, 2009 at 8:12 PM, chk999 (99.97) wrote:

Nice footwork, but that didn't answer the question.

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#4) On December 08, 2009 at 8:19 PM, Sozurmama (22.31) wrote:

at least in the end, there will be no more alstry blogs.

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#5) On December 08, 2009 at 8:19 PM, alstry (35.33) wrote:

How  many black swans were seen by Europeans before the first black swan was seen????

The answer to your question is it doesn't matter if it is about to happen now;)

How many times did govenrment consume 50% of GDP and GDP evaporate......the same answer as the answer to your question.

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#6) On December 08, 2009 at 8:22 PM, globalsailor (47.71) wrote:

Why do you think the dollar?  Is America going to be able to keep its head above water?

Also, take it easy on Israel, they are more careful than any other country about protecting civilians since the advent of war.  The lack of Palestinian governing presence would have made any other nation use much more force in dealing with rockets and other disturbances.

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#7) On December 08, 2009 at 8:36 PM, alstry (35.33) wrote:

global......

If you notice....I am pretty agnostic to most governments of most nations.......as we morph towards globalization, the concept of nation will deminish and so will hopefully many of the differences between and among people of all nations.

The process will be convulsive but I am confident that outcome will be a net positive......for those that make it through.

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#8) On December 08, 2009 at 8:43 PM, alstry (35.33) wrote:

Concentric Contraction is accelerating......

Violence Spreads in Pakistan

Countries' Woes Pose Risk to Upturn

And for those of you negative to prove a positive Fools.....when was the last time Dubai went broke and lost a property in a foreclosure auction?????

Dubai World Loses W Hotel Auction

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#9) On December 08, 2009 at 8:52 PM, alstry (35.33) wrote:

It appears an occasionally hot blond also agrees with the increasing liklihood of concentric contraction.....

The government is running out of ways to help the economy as the US faces major issues regarding credit and employment ahead, banking analyst Meredith Whitney told CNBC.

"I think they're out of bullets," Whitney said in an interview during which she reinforced remarks she made last month indicating she is strongly pessimistic about the prospects for recovery.

Primary among her concerns is the lack of credit access for consumers who she said are "getting kicked out of the financial system."

http://www.calculatedriskblog.com/2009/12/book-review-american-apocalypse.html

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#10) On December 08, 2009 at 9:08 PM, alstry (35.33) wrote:

BARNSDALL — Barnsdall Public Schools, faced with budget problems, has become the second district in Osage County to go to a four-day school week.

Barnsdall’s five-member Board of Education voted unanimously Monday night to go to the four-day schedule — Monday through Thursday — when classes resume on Jan. 4.

WHAT'S NEXT???

3 DAYS.....2 DAYS.....JUST WEDNESDAYS??????

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

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#11) On December 08, 2009 at 9:33 PM, Harold71 (22.85) wrote:

"Clearly Democracy is dying in America"

Perhaps these events will then pave the way for a Constitutional Republic?   :)


"the concept of nation will deminish and so will hopefully many of the differences between and among people of all nations.
"

Imagine there's no countries
It isn't hard to do
Nothing to kill or die for
And no religion too
Imagine all the people
Living life in peace

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#12) On December 08, 2009 at 9:41 PM, jddubya (52.61) wrote:

"I find it interesting when people use the logic how many negatives have never happend to prove a positive......it is simply not logical."

LOL!!!!!!!!!!!!! 

How many times did you grossly and inaccurately make a top call?

A: At least once

How many times did you say you'd quit blogging?

A: At least 3 times

How many times have you made the wrong conclusions based on your warped view of the world?

A: More than you can count.

LOL !!!!!!!

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#13) On December 08, 2009 at 9:47 PM, jddubya (52.61) wrote:

"In the end, it is my sincere belief the world is preparing for a brand new currency.....one backed by digital cap and trade credits and NOT metals.  Will metals have any value....who knows???   Will private property exist in a Cap and Trade world....not likely.....we will likely morph into a leased based society where the world soverign will control ownership of assets."

I gotta call this statement exactly how I see it.  Delusional.  Complete nightmarish fantasy.  I can't even say that I feel sorry for you.  You need help.

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#14) On December 08, 2009 at 10:01 PM, eddietheinvestor (< 20) wrote:

If the world is coming to an end, it shouldn't matter whether we invest in municipal bonds or anything else!

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#15) On December 08, 2009 at 10:36 PM, alstry (35.33) wrote:

jd...the only thing that needs help right now is your score..........

How many times will the zombulator punch you in the face before you punch back?????3

Will it be a 3 day school week, 2 day????

Will it be 1 in 4 children receiving food stamps, 1 in 2 or every child??????

Will it be a 50% tax rate, 75%...maybe just a 100% and get it over with????

You are one of my favorite caps players, you get punched all day long and do nothing....absolutely nothing......it is very interesting to see how much time you spned on the Alstry project.....it is clearly an obsession and it is so much fun to see you so obsessed with Alstry....the screaming blogger.

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#16) On December 08, 2009 at 10:56 PM, jddubya (52.61) wrote:

Punched?  Oooooh.... touched a nerve me thinks.  No need to get violent Al.

If making major gains since you called the top in April is getting punched in the face, then punch me more!

One other thing that I've got, that you'll never have, is my word.  I've always kept my word.  You, though, have publicly displayed your disdain for keeping your word.  That's why it's difficult for anyone reading your blather to take you seriously.

LOL - I'm glad you're having fun, because I sure am!

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#17) On December 08, 2009 at 11:21 PM, tnk4800 (< 20) wrote:

Just watch the government pull a rabbit out of their proverbial ...ss.

They only have one solution left now; that will be to dump massive amounts of money into USA infrastructure such as sewer, water, airports, energy and other types of physical transportation including rail, voice and digital. They have to get people working again.  And as any good steward would maintain facilities, repair and invest in improvement. Doing nothing but stagnate in complaints and partisanship is no longer an option. We must get the actual 30% of unemployed back to work. Period.

Some how by some type of hokes pokus  method it won't matter what our debt level is because we'll all be working, Goldman Sachs & Cos. will start pushing credit, cash will be flowing again and the Chinese, Japanese, Koreans, Finland's and swedes maybe even the German's, will be dumping product hoping to get a piece of the pie. This time we make them reinvest larger shares, their fair shares of profits back into our system. There's just something stupid about allowing them to walk off with our jobs without paying a substantial premium to do business here and for saftey of their investments in our country. When the jobs come back the flow of income from taxes collected by the  government will wipe out the deficits again.  Sound to Reganist for you?  Come up with a better idea.  Alstry's got the true picture of the global economy nailed down, spot on and more right than any of us "fools" are smart enough to argue differently.    And to make things a lot safer for all of us. Tort reform and pay for performance and improvement of services must be instituted with our legislators, regulatory administrators, educators social services, and INVESTMENT BROKERS. Everybody else gets payed for performance and improvement. Maybe we should fire them all and put real people in those positions. Ready...start.. GO!!

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#18) On December 08, 2009 at 11:28 PM, alstry (35.33) wrote:

My Hard Top was called in April at 8300 with a 10% margin of error....factoring the decline in the dollar which I admittedly misjudged, I am still well within my top on a dollar adjusted basis.

Now as the dollar resumes an upward trend...the market should promptly return to its appropriate level well below the Hard Top range into levels not seen in decades.

But my Super Top call at 14,000 still holds like the rock of Alstrynomics.  It is why Alstry is such a highly rated caps player and you are so addicted to this site.

If I were such a low scoring player, I too would grab on to the wisdom of Alstrynomics.....evidence is the fact that my score as advanced over 3X in the past few weeks to total points you have accumulated as a caps player....but Alstry loves charity and loves having you around.

In 9.09 you knew America was insolvent with the FDIC, FHA, FNM, and Pension Guaranty out of money.  11.10.9 you started to feel it when practically every municipality in America faced budget crisis and started laying off tens of thousands of employees.

By 1.01.10.....you will learn you are next;)  We all are.......

Welcome to the Alstrynomic Age....it is not the end of the world....simply the end of a world as you know it.......

And you will ostensibly ask......how did he know????????????????

 

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#19) On December 09, 2009 at 8:45 PM, mawnck (< 20) wrote:

At some point  Americans will revolt.

I no longer believe this. At least not enough to make any nevermind. The past couple decades of credit bloat have trashed more than just the economy.

The majority of Americans have not had to work for the lifestyle they have, and they have no concept of doing so. They have been taught that they are entitled to what they have because they're Americans so God loves them.

When it's taken away, they won't be able to effectively cope with it. There will be a lot of bitching, a lot of speechmaking, a lot of electing increasingly useless pandering Congresscritters (and Presidents). When whatever the new Alstry age or whatever it is starts, we will become the slaves to those countries (hi there China!) that still have an "American" work ethic.

How's that for doom and gloom? Anybody want to rebut?

("But we're Americans and God loves us!" in 3 ... 2 ... 1 ...)

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#20) On December 09, 2009 at 9:26 PM, Starfirenv (< 20) wrote:

Al, you're sooooo sneaky with your "alters"-- and you sure like to talk about your score, why don't you bring yourself current so all the "stupid fools" can see that you timing in shorting the greatest runup in 9 mos time is paralelled only by you supreme sageness and fortune telling? I've never seen so much red. And you're still talkin' blather? Daily? Hourly? Get a clue and a life- Just sayin you are the Fool's BOAJ. "EXTERMINATION!!!!" Dude, just sayin'. I quit doggin you when you lost all cred (long ago) but your drivel keeps getting stupider.

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#21) On December 09, 2009 at 10:50 PM, Starfirenv (< 20) wrote:

Just say'in. You're track record is horrible and you keep on. Promise to go away over and over, but won't. Condescending arrogence is no way to fly. JDub, am I lie'in?????????????????

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#22) On December 09, 2009 at 11:06 PM, Starfirenv (< 20) wrote:

Oh' sorry, I forgot PRETENCIOUS condescending arrogence> Either way, just sayin'.....!!!!!!!!!??????????????

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#23) On December 10, 2009 at 12:11 AM, Starfirenv (< 20) wrote:

Hey- it 's.10 if you rerspond. player.

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#24) On December 10, 2009 at 1:29 PM, mawnck (< 20) wrote:

Spelling FAIL.

.10

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#25) On December 14, 2009 at 7:42 PM, guiron (20.13) wrote:

Will private property exist in a Cap and Trade world....not likely.....we will likely morph into a leased based society where the world soverign will control ownership of assets.

LOL!

Yeah, so if you believe this, I'll take some of that worthless property from you.

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