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alstry (< 20)

Why 9.09 Is HERE NOW!!!



August 30, 2009 – Comments (8)

As you know...Alstry predicted by 9.09 you would know MOAP...Mother of All Ponzi's would become clearly evident to this is being written, we still have the month to go but the evidence is so strong we can almost call it a lock based simply on the following:

1.  The trading of stocks in our stock market is being dominated by worthless financials companies

2.  Tax recepits to many of our municipalities are so low that a number are on the brink of failing

3.  Banks are being permitted by government to lie about the value of their assets not marking to market

4.  Our Federal Reserve has incurred liabilities potentially exceeding $23 Trillion dollars thus backing our currency with an insolvent central bank and a nation that produces very little relative to its liabilities.

5.  Personal and business bankruptcies are growing at parabolic rates.

6.  On a dollar basis, private new construction in America will be down over 90% from peak this Fall and architects and engineers are looking for something to do....

7.  Government consumption is now over 50% of GDP and half of that consumption is being funded by debt or monitization simply delaying the masses realization of the scam.

8.  The FDIC is delaying closing down banks with negative capital.

9.  Auto sales are evaporating and the only way to move cars is the government helping to buy them with money that doesn't exist.

10.  Benny Bin Laden is letting banks tighten credit and increase interest rates being charged to consumers at a time when the rates should be lowered as bankers are handed Trillions in taxpayer money and showering themselves with billions in bonus as a reward for infecting our nation with toxic debt.

Basically cappers, you should now be aware that our entire economy is now a ponzi scheme of leverage driving more leverage and now that debt is blowing up right in front of our faces.... instead of dealing with the debt, we are bailing out the banks and letting the debt suffocate the economy as by promoting zombulation policies to insure that more debt defaults and asset values crash.

It is not too complicated and this was all very foreseeable....the problem now is government and politicians have to make a choice...them or you....take all your money to support their lifestyle or allow you to maintain your liberty.

Right now it is a coin toss on which way this will go.....and it doesn't matter how much you have....government will need it all....every last penny of it......the only question now is will we let the bankers and government get away with it?

8 Comments – Post Your Own

#1) On August 30, 2009 at 3:50 PM, alstry (< 20) wrote:



Tishman Speyer's 2006 acquisition of Stuyvesant Town for $5.4 billion apparently is about to turn terminally sour. The "biggest deal for a single American property in modern times" which never managed to be profitable from day one, is on the verge of completely exhausting reserve accounts tied to $3 billion of securitized accounts.The premise - take the 11,227 rent-stabilized u,nits apartment complex and convert them to market-rate. Alas, the timing could not have been worse due to an implosion in the NY rent market, coupled with legal difficulties - to date only 4,350 of the units have been converted to market rate, while the remaining rent-controlled units will likely increase in number due to a recent court ruling.

According to RealPoint the original reserve fund which had a balance of $650 million in 2007 when Stuy Town's debt was first securitized is down to a meager $49.7 million. The origianal reserve fund set consisted of a $190 million general reserve as well as a $60 million replacement reserve, both of which have been depleted, as well as a $400 debt-shortfall service fund, which has now declined to just over 10% of its initial balance.

The reserve fund was drawn down by $7 million month to date, versus $13.3 million in July and $19.6 million in June, with an average decline in the reserve fund of $11.3 million per month. At this rate Stuy Town's reserves will be completely wiped out in four months, sometime in December.

To demonstrate what a colossal failure Tishman and Blackrock's assumptions have been from the very beginning, the property has a $23.8 million monthly debt service, while on the revenue side, according to first quarter data, the property generates $136.5 million in annual cash flow, or $11.4 million monthly, a $12.4 million monthly shortfall (a cap rate of about + infinity).


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#2) On August 30, 2009 at 4:04 PM, alstry (< 20) wrote:


When governments reach the point where they are borrowing to pay the interest on their borrowing they are coming dangerously close to running a sovereign Ponzi scheme.

Ponzi schemes have a way of ending unhappily. To get out of the Ponzi trap, governments will have to raise taxes, or cut spending, or monetize the debt--or most likely do some combination of all three.

Roubini knows that the only way to raise taxes is tax 100% to come close to closing the gap...the citizens will revolt...mopnetizing will lead to hyperinflation impoverishing the nation.....cutting spending will lead to depression...........

Its here....The Mother Of All Ponzis...9.09

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#3) On August 30, 2009 at 5:36 PM, jddubya (< 20) wrote:

Ok, so you've settled on MOAP as being the Mother Of All Ponzis.

Back in May you defined MOAP as being the "Mother Of All Projections" and admitted that it could be any number of things.

I just wanted to confirm that your MOAP is that which you refer to as the Mother of All Ponzis


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#4) On August 30, 2009 at 9:01 PM, topsecret09 (83.39) wrote:

  The entire financial system Is a house of cards....    Check out this article written on October 31st, 2008.........  TS 

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#5) On August 30, 2009 at 9:13 PM, alstry (< 20) wrote:

WSJ is catching on to Alstrynomics.....NO DOUBT ABOUT IT...ONE BIG PONZI SCHEME

Can Rally Run Without Revenue?

Raft of Deals for Failed Banks Puts U.S. on Hook for Billions


The biggest spur to deal-making among banks isn't private-equity cash or foreign investors. It is the federal government.

To encourage banks to pick through the wreckage of their collapsed competitors, the Federal Deposit Insurance Corp. has agreed to assume most of the risk on $80 billion in loans and other assets. The agency expects it will eventually have to cover $14 billion in future losses on deals cut so far. The initiative amounts to a subsidy for the banking industry.

Through more than 50 deals known as "loss shares," the FDIC has agreed to absorb losses on the detritus of the financial crisis -- from loans on two log cabins in the woods of northwestern Illinois to hundreds of millions of dollars in busted condominium loans in Florida. The agency's total exposure is about six times the amount remaining in its fund that guarantees consumers' deposits, exposing taxpayers to a big, new risk.


Large corporations are tightening the screws on their smaller counterparts as the credit crunch intensifies companies' efforts to hold on to their cash.

In an example of corporate Darwinism at work, the recent round of quarterly earnings results showed companies with annual revenue of more than $5 billion sped up their collection of cash from customers while slowing their own payments to suppliers.


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#6) On August 30, 2009 at 11:39 PM, topsecret09 (83.39) wrote:

 Bernanke not making any new friends........

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#7) On August 31, 2009 at 6:32 AM, TMFDeej (97.95) wrote:

Ahhh, Alsty, you said that the MOAP stood for the "Mother of all Predictions" and that the "Prediction" that you were making is that something absolutely horrible would happen in September, like a plague of locusts, collapse in the stock market, riots in the streets, war, etc...

You can't cop out and change your forecast, which you must have made five trillion times, after the fact...unless you realize how absurd it was and how sticking with it would destroy your credibility.  In fact, if I recall correctly you said that you'd stop blogging if it didn't come true.


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#8) On August 31, 2009 at 10:13 AM, outoffocus (24.08) wrote:

My CAPS rating is now 9.09. =O  What should I do? *panics*

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