Quadruple witching day for stocks,options,futures,and commodities kicks off with a big lie, concerning housing starts, Core CPI.  Of course these govt. figures will all be adjusted next month when no one is looking. Did you  know that it was also time to re-balance, re-distribute, the stocks in the current indies,… sp500, rus2k, and to throw the bad performing bank stocks out of the index.  Of course it is all in the interest of “fairness”, with respect that the markets are being propped up by the Federal Reserves’ plunge protection team.

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The “plunge protection team” has been busy buying the dollar, causing the dollar index to rally 4.5% for the last 18 days.  It will be time for the currency traders to take their profits before the national disastrous health plan bill is passed.   Any sane person who votes for the destruction of the u.s. economy, by putting bureaucrats in charge of 1/5 of the economy should be tried for treason.  I mean, the excellent track record of the govt managing  private business is 100%… for losing money.   Am-track, medicare,social security, Fannie Mae/Freddie mac/Sally Mae,war of poverty, war on drugs, border control, immigration, tax collections, education, Tarp.  How about the missing billions from the Stimulus Bill… they can’t even spend without losing some of it. …. I can’t think of one thing the govt bureaucrats have managed better than a private business, can you?

In other news, Shockingly “helicopter Ben”  Ben Bernanke was named “man of the year” by Times..oh.. excuse me… Person of the Year. (p/c )  The category of “runner  up” included :  General McChrystal, A Jamaican Sprinter, Nancy Pelosi, and… The “Chinese Worker” who were the slaves to the American consumer and are now owners of the American people’s debt.  When Tiny Tim Geithner visited china early this year, he told a group of Chinese business students that America could grow our economy fast enough to pay off the 11  trillion dollars in debt…. the roundly laugh at the idiot tax cheater.  I challenge you to find the laugh track anywhere on the news channels.

Now the Geniuses in Congress, raised this year debt ceiling to `14 trillion plus dollars.   Now, my 3rd grade education, says that if our GDP is 15 trillion and our debt is 14 trillion… no way in hell can we ever pay off this amount of debt.  Can you?  If your credit card debt is equal to your income, could you ever pay of the debt?

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Obama ticks off the Chinese, during a special meeting with Obama and Hilary at copenhaus global climate change meeting, only 3 low level government officials attending . Meanwhile, “Ben Burn-ake” was printing more money, so Hillary could pledges another 100 billion, to give to the false religion of “Global Climate Change.” Addding more fuel to the  burning dollar’s collapse and causing more pain to the American worker through higher deficits.  Mother nature  gets it’s revenge on  Copenhagen  and Washington by dumping a blizzard on both, cooling the urgency for global warming.

This time next year, just remember why you voted for OBAMA, JUST SING ALONG WHILE YOU ARE OUT LOOKING FOR A JOB!

Related articles I found:

• More Good Economic News (Is Helicopter Ben Listening?) (kudlowsmoneypolitics.blogspot.com)
• Mean Street: A Sham GDP for a Sham Economy (blogs.wsj.com)
• Bernanke is Time’s Person of the Year [News Bits] (austinist.com)

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