...It must have been tough to channel a 9th grade dropout.
I would like to write like quadseasonal , I used to find him an annoying prick but found his writing style intriguing and I like him now .
Not in a broke back way though. Not saying I like everything about him , I'm saying in my opinion he's a likeable guy .
Anyway , I don't see much difference between 2014 stock chart and the big crash of 1929 , because there is a scary parallel .
In meins defense , I don't believe we've had a crash in many years like 1929 , maybe never .
While all you board monkeys are wasting your time flinging shit at me , I'll be sleeping , dreaming of the good old days , and my most famous historical stock chart .
http://stockcharts.com/c-sc/sc?s=$INDU&p=M&yr=20&mn=0&dy=0&i=t80903744125&r=139598648198
...It must have been tough to channel a 9th grade dropout.
I can't say for certain though but it's odd for anyone to put extra space before the commas lol
Maybe that's how rock stars write?
The extra space I use is before the comma , not for the comma .
It's my own way of fast break resting , while I'm quickly contemplating my next words , also why I often use extra commas , especially when writing cheap rap and poems to mislead her heart .
You won't find me tongue tied when I'm awake , any time of day or night .
You can bank I'm Church on that .
You are correct , it is tough , usually impossible , for the educated elite lacking imagination or logic skills , to keep up with a ninth grade drop out .
The reason DA is a famous successful scientist , he's able to think and channel outside the boxed in book , a big advantage most Americans don't have the luxury to share , regardless where they went to school .
-- Modified on 3/28/2014 10:18:44 AM
the dot.cum bubble ended badly,
the housing bubble ended badly,
you think the $17.5 trillion Obama bubble is gonna end good?
buy on the dips
Parallel. Hey at least I caught it when I'm sober this morning. LMAO
Buy the dips is a good strategy. I prefer to buy on huge dips though lol
If they don't end badly, no one ever calls them a bubble. Bubbles can only be identified with 100% certainty AFTER they have burst.
But you can't alternatingly print and borrow money forever without something bad happening
Or the next boom. A lot of these experts feed off the 'broken clock is right twice a day' thing. Guys like robert prechter talk about a crash for years and eventually I'm sure he'll get it right. LOL
Where as Guys like Harry S Dent can't predict shit, he claimed Dow would be 40,000 couple years ago, then when that never came true, he lowers his estimate to 3000 yet the market is at 16000. I'm sure he'll eventually get it right. LMA
our elected leaders could realize this.
Federal Reserve/debt economy = economic slavery.
our "leaders" would be "the complicate" in my view.
willy may very well be right when he says a federal reserve is necesary. i wont waste time argueuing that point. that's not the question. the question is, are the actions the FR is undertaking help blow up the bubble or relieve the pressure.
The action the FR is undertaking is only postponing the inevitable. Time and time again history proves that money with no intrinsic value or 'backing' ultimately destroys the respective economy. The current "Economic Easing" is similar to Oxycontin being given to a person suffering acute heroine withdrawal. They'll feel better for a short time; but the problem hasn't gone away; and is now likely worse.
The most known and respected forefathers of our nation as well as leaders of others have repeatedly warned of building an economy built on debt and the 'printing' of money by private banks. They had seen/witnessed what it had done to Europe over the centuries.
Abraham Lincoln was assassinated shortly after establishing a United States Bank.
Woodrow Wilson lamented his giving into the 13th amendment and it's creation of the 'Federal Reserve' along with its 'Income taxes' levied on the American citizen. Later JFK was assassinated just as Abraham Lincoln shortly after again seeking to create a "United States Bank".
These men of wisdom and courage clearly saw what a 'debt economy' does to a people and a nation. Those who scoff at a gold/silver standard are simply addicted to the Kool-aid, and already servile idolaters to the money changers.
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."
-Woodrow Wilson (written during his retirement, a few years after signing the Federal Reserve Act)
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance." (James Madison)
"If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations". (Andrew Jackson)
"The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity." (Abraham Lincoln)
"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." (Napoleon Bonaparte, Emperor of France, 1815)
Insanity: doing the same thing over and over again and expecting different results.
(Albert Einstein)
willy may very well be right when he says a federal reserve is necesary. i wont waste time argueuing that point. that's not the question. the question is, are the actions the FR is undertaking help blow up the bubble or relieve the pressure.
Keep in mind that with already low interest rates, a weak economy, and an already "easy" monetary policy, he had very few bullets left in his gun. I think Bernanke was a thousand times better than the "genius" that he succeeded, the same genius that fucked GHWB out of a second term through his heavy handedness and who never seemed to be able to either take his foot of the gas or the brake, depending on the circumstances. IMO Greenspan was a horrible Fed Chief and by comparison Bernanke was a great one.
That said, we have to detox sooner or later and just like a junkie with $1,000 a day habit, I don't see that withdrawal is going to be a pretty sight, but that doesn't mean gloom and doom for everybody, there is nothing preventing any of you who predict the worst to bet on it and profit from it. Down blame the game, play it to win. That's what I plan on doing when I see the bubble about to burst. Personally I am going to keep some powder dry and not leap one way or the other until there is some more visibility. The only thing worse than being wrong about a bubble bursting is to be too soon, Just ask anyone who shorted the dotcom bubble too soon, they were trampled by the market even though they were ultimately proven to be correct.
By definition, the bust itself is what identifies it as a bubble. But having experienced a couple, the clues are all there. I think the simplest way of looking at it is asking this question, "Is it possible for the underlying economic fundamentals to support the expectations expressed in the price?"
There are so many egomaniacal eggheads willing to cater their "economic theories" to the gullible and the complicate it is easy to get distracted as we have been and are now. At least some of us.
But you can't alternatingly print and borrow money forever without something bad happening
Shiller in "Irrational Excuberance" provided a number of examples and symptoms of bubbles, and warned of the emerging stock market (1999) and real estate bubbles (2005).
-- Modified on 3/29/2014 7:20:34 AM
..........what goes up will come down eventually.
Not in a broke back way though. Not saying I like everything about him , I'm saying in my opinion he's a likeable guy .
Anyway , I don't see much difference between 2014 stock chart and the big crash of 1929 , because there is a scary parallel .
In meins defense , I don't believe we've had a crash in many years like 1929 , maybe never .
While all you board monkeys are wasting your time flinging shit at me , I'll be sleeping , dreaming of the good old days , and my most famous historical stock chart .
http://stockcharts.com/c-sc/sc?s=$INDU&p=M&yr=20&mn=0&dy=0&i=t80903744125&r=1395986481981