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Archive for the ‘Stock Market’ Category

Wow, the news gets better and better here folks. What is REALLY going on in this country? How do we let these people run our government? Well, actually its the people who appoint these idiots that we should really hold accountable.

A recent story regarding Henry Paulson and Ben Bernanke is surfacing about how they are admitting that they cannot account for 2 Trillion dollars of the money that was given out for the bailout. I can’t even keep track of how much money they were supposed to allot for this crisis. The last I knew it was supposed to be $700 Billion. Now its 3X that amount.

“We have no idea who got this money or the conditions or collateral put up in return for the loans. ”

Time to wake up America, you are being robbed, deaf dumb and blind. My guess is there is a plan to bankrupt this country. These guys are as much as admitting to it if you ask me. If they can deal out this kind of money and not be accountable to it, can you show me how I can go about getting into this business, how do I start one of these programs that were started in the last few months that were appropriated some of the funds? Absolutely CRIMINAL!!

You need to take the time to read this story:

$2 Trillion Handed out by Paulson and Bernanke, But Who Got It, Nobody Knows

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I recently read an article about some Christian fanaticals who decided it was time to get in touch with the bull on Wall St. and make him change his ways. Hilarious stuff. Lots of comments from this post which add to the laughing stock these people become. It makes me realize that no matter how sophisticated we think we are, we’re still very primitive and ritualistic.

It also makes me think of the election. We’re about to go into the polling booths on Tuesday and vote for…… who? The way people adore and adulate Barack Obama, you would think he is the next coming of the savior himself. I won’t elaborate on this, because I’ve posted about it before here.

Well, I hope you enjoy this story as much as I did:

Where’s Charlton Heston when you need him?

We are going to intercede at the site of the statue of the bull on Wall Street to ask God to begin a shift from the bull and bear markets to what we feel will be the 'Lion's Market,' or God's control over the economic systems. While we do not have the full revelation of all this will entail, we do know that without intercession, economies will crumble.

We are going to intercede at the site of the statue of the bull on Wall Street to ask God to begin a shift from the bull and bear markets

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Jim Cramer with a very pointed and barbed attack against the establishment “insiders” who are taking this country down the drain. Everyone with half a brain can see what is happening in this country. The real question is “why”? I’ve read stories over the past few years that they have encouraged people to dip their toes in the stock market, the water is fine etc. This more or less proves my own theory as to why the little guy should NOT be in the stock market. Say what you will, but a lot of people are getting hurt and it’s getting worse. Take the time to listen to what he has to say, it might be valuable to you:

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The Royal Bank of Scotland has issued a warning to it’s clients that they should brace for a full market crash in the next 3 months. They have stressed that inflation is going to take hold in a big way and that the S & P 500 could fall as much as 300 points. It’s a very grim prognostication and they warn people that cash is the key.

RBS issues global stock and credit crash alert

Alot of people have been forecasting similar downturns. There is another ugly date coming in the fourth quarter when over 500 Billion in Adjustable Rate Mortgages come due. That report can be read on the Dr. Housing Bubble Website:

Stage Two of the Mortgage Collapse: $500 Billion in Pay Option ARMs Meet the Piper in 2008 with 60 Percent Being in California.

Brace yourselves people looks like some serious wobble is approaching.

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