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alstry (35.68)

You were warned???

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May 17, 2009 – Comments (9)

It is amazing to see how so many fail to see that the current policies of funding the Zombie banks are simply transferring the wealth of America from its citizens to the bankers and government. 

IT IS HAPPENING RIGHT IN FRONT AND OUT IN THE OPEN FOR ALL TO SEE!!!!!!!!!

Unlike the past, TODAY most American citizens and bussinesses can't afford to borrow or have little use to borrow any more.  Promoting zombie banks is going to do little to change this condition....except make a bad situation worse.....MUCH WORSE!!!!!!!!!!  REALLY REALLY MUCH WORSE!!!!!!!

It is an amazing insight into human nature how so few can fail to see something so obvious....and then they get upset at those that bring it to their attentiaon????????  WOW!!!!!!!!!

The earnings to our companies are imploding.

The incomes to our citizens are evaporating.

Our cities, counties, and states are running out of money.

Without earnings, there is little employment, without employment, there is little revenues to our government.  With little revenues to government....the government takes everything as those in power don't want to lose it........just look around you.

And for some reason there are Fools who think that if we continue on the same course things will get better.  Not only is such reasoning insane....it is the definition of insanity.

My guess is that few of you own your own businesses......for if you did.......my guess is that your outlook would be very different....but that is only my guess.

In the upcoming months....it is very likely things are about to get a lot worse.....they got a lot worse in the last few months but many have been mislead by a rising stock market....amazing!!!!

Loans are defaulting all over America and the outlook is getting worse as each week goes by......and many of you Fools get upset at Alstry for documenting the truth??????

You know a nation is in trouble when the truth is frowned upon.........without truth, there can be no demorcracy.

Maybe it is Alstry who should be upset for watching you serve up the Kool Aid while failing to see the Captains of our country steer this ship right into the iceberg while you all are dancing and cheering on deck????

Is it that you don't give a damn about where your country is heading???.....or are you too wrapped up into yourselves to see in front of you???......my hope is the latter....for when we do hit the iceberg....at least we can justify locating the lifeboats.

You think Alstry is wrong about where things are going???  Just watch...the facts are being presented to you day after day, week after week, month after month.....there is nothing cloaking them now.

There is not much further to go right now as the iceberg is just ahead....at this point, I don't think we can avoid a crash.......

We are just about there, you can put on your lifevest and find a lifeboat.....hopefully there will be room for us all.....but if not.....PREPARE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

9 Comments – Post Your Own

#1) On May 17, 2009 at 10:50 AM, danteps (30.01) wrote:

Some of your assertions are compelling.  What annoys many of us is not necessarily that you are pointing out the potential for an iceberg, rather your inflated self perception.Stop referring to yourself in the third person and cease all of the arrogance.  Stick with summarizing facts and building a foundation for a particular view on the economy and / or markets.

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#2) On May 17, 2009 at 10:57 AM, dibble905 (91.29) wrote:

The difference between a genius and a lunatic is that people listen to the genius.

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#3) On May 17, 2009 at 11:45 AM, VintageCat (< 20) wrote:

Probably good advice from danteps.   

I periodically read the blogs.  I have a small business that I'm in the process of liquidating and I clearly see the hidden instability in the system that you refer to. The rapidly lowering tide (brings to mind the precursor to a tsunami) spurred me to decide to fold my debt free business at the end of my lease term.  I'm liquidating inventory and fixtures to cash and will retire rather than take on more risk in the form of another lease and retooling inventory to match current consumer mindset for cheaper, cheaper, cheaper.  On the face of it, I can't compete with the big boxes in terms of cutting prices and all branding for quality aside, price point is king right now.  It was time to go.  While this is a personal story, for may reasons relating to the central premises of your posts it is instructive.

And having said this, I am tapped into the business community grapevine and all over my area local retail businesses as well as many other diverse business types from home builders, to beauty salons, to restaurants, to nightclubs, the owners are feeling unease to deep pain.  Many have debt that they will likely have to default on if their business fails.  For many their business is the sole source of their income and others are pouring personal assets and wealth into their struggling businesses in the hope that things will turn around. 

It's pretty thin ice that we are all skating on and I do tend to possess the world view that we have only seen Act I of this economy thing.  Act II is coming around the corner when many businesses from tiny to national in scale can no longer continue the struggle, the money runs out, there is no more or not enough coming in and they must fold. I call it the "great shaking out" and it's coming to a community near you.  So I do agree often enough with the basic premises of many of your probably accurate "doom and gloom" posts.

I'd suggest it's the hyping of "infallibility" and the third person referrals that may cause people to tune out the message or perhaps become argumentative.  FWIW.

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#4) On May 17, 2009 at 12:23 PM, automaticaev (31.22) wrote:

my friends restaraunt is 2x as busy as it has ever been...

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#5) On May 17, 2009 at 12:44 PM, SolarisKing (< 20) wrote:

This is print media. You simply don't have to read it if you don't want to. It would be a little different if Alstry wasn't the most popular blogger in caps, but since he gets rec aftet rec someone must like his post.

Alstry, you continually find info that i hadn't seen, and thanks.

 

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#6) On May 17, 2009 at 2:11 PM, alstry (35.68) wrote:

Vintage,

Very good response and consistent with the Alstrynomic  perspective.  Thanks for your time and input.

For the rest of you CAPs players.....

Alstrynomics is all about being right....not being popular.  There are a lot of other bloggers and sources where the presentation is much more palatable.

Sometimes an ascerbic approach can stimulate responses from others that they might ordinarily hold back.....anger can stimulate creativity and honesty...especially in a controlled environment.

It is that perspective which can often reveal a path that otherwise might be concealed and a benefit which we may all share.

CAPs has provided an enormous benefit to Alstry....hopefully Alstry can benefit some of you as well....after all, just like CAPs, a central mission of Alstrynomics is all about investors helping investors.

Anyone can give without passion, but there can be real passion without giving.

Further, sometimes contempt

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#7) On May 17, 2009 at 2:13 PM, danteps (30.01) wrote:

Enjoyed the personal insights from VintageCat; helps put things in better perspective.

SolarisKing - just trying to help Alstry be more effective at communicating his message.  There are some good nuggets in there, we just don't need the ego.  Perhaps Alstry has so many recs because he is one of the top 3 bloggers in Caps. 

 

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#8) On May 17, 2009 at 2:25 PM, alstry (35.68) wrote:

danteps,

now you are thinking!!!!!!!!!!!!!!!!!!!

Alstrynomics is all about thinking..........;)

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#9) On May 18, 2009 at 12:23 AM, jegr5347 (< 20) wrote:

Alstry is trying to get fellow caps players fit for the downside, but I am sure he cannot disagree that there are and will be plenty of opportunties out there for the nimble.

So everyone get fit and nimble.

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