Politics Profits and Protection website is developing
by Doctrader
I have come to realize, no matter how smart you think you are, there is always some boggling politician there to take your profits and make life harder for you and your business. All the good intentions in the world mean nothing if you can’t make a profit. As an American, I never thought i would be witnessing the Death of Capitalism and the rise of Socialism.
All the financial problems we have been facing lately are the direct results of governments interfering with the Free Market Capitalism. Since we have the biggest impact on the world’s economy, comprising only 3% of the world’s population, the world will blame The Next Great and Last Depression on the United States.
However, the world fails to realize that we also provide 25% of the World’s Gross National Production.
The world’s gross national production is estimated at $50 -$60 trillion dollars annually. The United states produces approximately $15-$18 trillion dollars. Given the political slant of the news services and the market media matrix, the first finger pointing will begin during the coming Dow Jones Death Spiral.
Those who have a vested interest in continuing the charade of “free market Capitalism” and those who feel the need for ‘the government” to bail out the financial system. The Market Media Matrix includes all the advertisers on the financial shows who make daily comment on the market, like CNBC.
I can’t tell you how many times I am yelling at the idiots on their shows. The teleprompter news readers are dumber than a box of rocks, unless they steal content from these blogs. You watch, they will be using “Dow Death Spiral” by the end of the week. I love when they use the term “investors!” Investors don’t trade everyday, only wall street day traders! Investors for the most part, just ride the tide up and down in the market like a life boat without a paddle. Now the long term investor is beginning to feel the fear, but not from losing, but for selling before the next big rally! Ironic that the politicians are blaming Wall Street for their greed, but I see the greed on main street everyday. You know what they say when you point your fingers at someone? You have 3 more fingers pointing back at yourself. Everyone is to blame, not just Wall Street!
The Dow is down nearly 30% since last year’s all time highs! That should have given you a clue to sell, but not to the idiots at CNBC! They told you to buy more, then when the market was down 3000 points, Jim Kramer told everyone that was the bottom! Oh, well, no one listens to me or Don Harold.
The people who have lost their jobs, homes, and businesses are shouting for HELP from “the government.” The governments’ response to their drowning constituents; throw them and anchor! One thing you can always count on is the “maximum level of incompetency‘ when dealing with the Government. The rules and regulations imposed by governments in order to protect the people has led to the financial pandemic meltdown. The voice of the people is ignored and the politicians are bagging bags of cash.
Democrats may have caused the banking crisis. check this out as reported by Sean Hannity’s special report. Another excellent source of information is Fox News Special Report, “Saving our economy”.
I hope everyone who reads this blog bailed out of this market when i posted my “Dow Jones Death Spiral” 3 months ago.
I feel what happens on Monday morning will be just the tip of the ice berg hitting the world’s economy like the Titanic! At 2:30, the Dow Futures and U.S. Dollar is down over 2%! Asia and Europe are reeling from the bailout plan passed by the incompetent government
As you drive to work, see how many corporate offices and warehouse have “for lease” signs posted on their buildings. Those buildings were largely funded by insurance companies and pension funds. Those failures will make the sub-prime and Fannie Mae losses look like a drop of water in a ocean.
God Bless
Doctrader
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