Wednesday, May 7, 2008

The printing presses are requiring more ink

KILLING TREES TO MAKE WORTHLESS PAPER?
According to the st-Louis Fed, MZM, a money supply indicator, is growing at a ferocious speed, 28% annual rate in just the last 3 MONTHS!!!!!!!! sad sad sad
I have come to the realization that anybody working for central banks should be at
most 25 because they sure will bear the brunt of the loss of purchasing power. The old guys don't have to worry as they get indexed pensions that will be funded for their remainder on this earth while the young kids will never be able to live on an
indexed pension.
Lets face it, the earth is struggling to give us the means to continue on over industrializing everything. No government with aging population can ever hope to balance a budget ( except Canada, Russia and a couple of dozen of resources rich countries).
The haves and the have-nots. Not enough Tsunamis to go around 2000 square meter homes.

DOWN IN ARMS
I don't understand why the most industrialized country in the world cannot or will not put its affairs in order. From 1999 until to day and probably for the next 5 years, it is in a continual spiral where nothing works for the common man but for the ultra super rich wins with the good bets and get their bad bets covered by the Fed and the taxpayers... Isn't there something wrong here? Bums get housing brokered by crooks and the taxpayer foots the bill. DO I need to go on?

Too depressed to cheer. I don't believe the COngress will allow anything to change once the New administration comes in. K street boys all over the campaigns paid by big money, nothing is going to change. The one saving grace? A limbo dance of really sick European banks are going to make the US look less for wear...

In the Kingdom of the blind the one eyed are king.


STOCKPICKERS GET A JOB WILL YA!!!!!
A buddy of mine showed me his neat new trading system which picks a series of momentum driven ETFs combined to shorting NAZ or 2xNAX ... Running numbers of 134.7% since December 2nd 2005... Not bad boy when you think S&P 500 gave you 9% and the NAZ gave you 6.8% for the period. Room for thought!
Hey you know he drill! No solicitation ... no indication of past performance can be an indication of future performance...bla bla bla

Regards

DCW

No comments: