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Space Forum / Astronomy / December 2008Bears Triumphant!
Another day for the bears on Wall Street with the DJI average closing down another 445 points to 7552 , after dropping 427 points yesterday. The NASDAQ, which was over 5000 in 2000, closed down another 70 points to a pitiful 1316. Of course all of you here took my advice and sold all your stocks awhile back, so no problem. But don't expect any buying opportunity soon as the "expert" analysts are always predicting. Bear markets usually last 3 years, and with all the damage that has been done to the economy, and continues to be done, there is no reason to believe this will be any exception. Nice government insured CD's are a good place to be right now. Double-A Last time the DOW was this low, it was the post 9/11 recession, as America geared up to take control of Iraq. Looks like Wall Street bombed itself, this time. Why does the CPI mostly ignore the cost of housing ? Probably because Washington fat-cats get per diems. Housing hosts are about 90 percent of my expenses, and, for me, here in Seattle, it's gone up 7.6 percent per year, each year, for decades. In recent years, my housing costs have been going up 10 percent / year, the maximum allowed by law. The DOW hasn't kept up, of course. Aw, poor Jeff, mine haven't. Saul Levy On 20 Nov 2008 22:34:24 GMT, Jeff?Relf <Jeff_Relf@Seattle.Invalid> wrote: >Last time the DOW was this low, it was the post 9/11 recession, >as America geared up to take control of Iraq. [quoted text clipped - 9 lines] >In recent years, my housing costs have been going up 10 percent / year, >the maximum allowed by law. The DOW hasn't kept up, of course. > Last time the DOW was this low, it was the post 9/11 recession, > as America geared up to take control of Iraq. > Looks like Wall Street bombed itself, this time. The bankers bombed it with the collapse of their home mortgage pyramid scheme! > Why does the CPI mostly ignore the cost of housing ? > Probably because Washington fat-cats get per diems. I think the CPI is being "cooked" so the government doesn't have to give such large social security increases. > Housing hosts are about 90 percent of my expenses, > and, for me, here in Seattle, > it's gone up 7.6 percent per year, each year, for decades. > > In recent years, my housing costs have been going up 10 percent / year, > the maximum allowed by law. The DOW hasn't kept up, of course. It seemed like my rent was going up about once every 6 months in the last two years when I was longer signing a lease agreement. Rents may buck the new deflationary trends as decreasing home ownership means more demand for apartments. But other than that, deflationary times are here! Good news for all of us "have nots"! Double-A Jeff Like using that Pyramid housing scheme Its so true. Credit cards had their pyramid scheme. American Express now charging its slow payers 34% interest,and killing their credit at the same time. Godfather will see to it they get their 3.5 billion bailout handout. America now is just as fascist as Florida Oil companies such as Exxon Mobil are the leading cause of USA collapse,and best the people not forget Bush and Chaney are big in oil. Best we never forget Bush and Chaney were big in Enrod, Best we never forget how Enrod ended up,and we can relate this to USA today Even the stealing of retirement money by Enrod executives. The bad news will soon come out on 401 Ks and the poor will cry WHERE IS THE MONEY as Bush and Chaney build their winter homes in Boca Grande.. Have you all notice how quite Bush and Chaney are these days? They have egg on their face but 50 billion in their pockets TreBert > Jeff Like using that Pyramid housing scheme Its so true. Credit cards > had their pyramid scheme. American Express now charging its slow > payers 34% interest,and killing their credit at the same time. Interest that in many cases they will never be able to collect, though. > Godfather > will see to it they get their 3.5 billion bailout handout. America now > is just as fascist as Florida Oil companies such as Exxon Mobil are the > leading cause of USA collapse,and best the people not forget Bush and > Chaney are big in oil. But they haven't been able to stop the collapse in the oil market. That collapse is probably the reason for the recent collapse of the Canadian dollar, since Canada has vast new oil resources in Alberta, but only profitable to extract at higher oil prices. > Best we never forget Bush and Chaney were big > in Enrod, Best we never forget how Enrod ended up,and we can relate this > to USA today Even the stealing of retirement money by Enrod executives. Enron chairman Ken Lay lived out his natural life without being brought to justice. > The bad news will soon come out on 401 Ks and the poor will cry WHERE > IS THE MONEY as Bush and Chaney build their winter , homes in Boca > Grande.. Have you all notice how quite Bush and Chaney are these days? > They have egg on their face but 50 billion in their pockets TreBert In Argentina the government has just taken over all private pension fiunds! Maybe the US government will need the final bailout, and it will come from your 401K account! Double-A Double A Ken Lay died after found guilty,and my guess is Bush and Chaney had him put away (botulism) to make sure he could not embarrass them Not hard to figure TreBert > > Jeff Like using that Pyramid housing scheme Its so true. Credit cards > > had their pyramid scheme. American Express now charging its slow > > payers 34% interest,and killing their credit at the same time. > > Interest that in many cases they will never be able to collect, > though. No? Uncle Sam is coming to the rescue with a $700 billion bailout. Like, isn't America, a great place to live or what, eh! I don't have a pension, nor any savings, for that matter. If worse came to worse, I'd apply for low-income housing. Jeff You say you have a small monthly income,and can you as a computer whiz kid use your talent to bring in a few extra bucks to supplement this set income. I am 80 and still bring in extra money(not much) but it helps a lot. trebert Ps I love to work,and will never completely retire. Do no like the word retire. It makes me feel old useless,and depression sets in go figure How bad did it get for you, back in 1940, when you were 13 ? Things have changed since then; kids today ( under 18 years old ) get free housing from the state. For those under 24 years old, here in the University District, many ― but not all ― often get a bed in a church-sponsored shelter. Like you, I'll keep working, so long as I'm able. While I'd love to have some savings ― I'm the world's tighest penny pincher ― I'm not too worried about becoming homeless. If worse came to worse, I'd apply for low-income housing. I love my freedom, I'm not actively looking for more work right now. Like Double-A, I'm old and tired .. a drop out. Imagine a room full of saffron-robed monks in the high Himalayas chanting not “ Ohm ”, but “ f.ck it ” .. that's me. "Jeff?Relf" <Jeff_Relf@Seattle.Invalid> wrote... > How bad did it get for you, back in 1940, when you were 13 ? > Things have changed since then; [quoted text clipped - 14 lines] > Imagine a room full of saffron-robed monks in the high Himalayas > chanting not “ Ohm â€, but “ f.ck it †.. that's me. Perhaps, outside of electricity, that's exactly what "Ohm" means? <g> happy days and... starry starry nights!  SignatureIndelibly yours, Paine Ellsworth P.S.: "All faults may be forgiven of him who has perfect candor." > Walt Whitman P.P.S.: http://yummycake.secretsgolden.com http://garden-of-ebooks.blogspot.com http://painellsworth.net Painius You mention electricity,and I know coming home after school and playing with my friends it was 5pm and very dark out. I would flick on the wall switch and nothing happened no kitchen light,no radio Just a candle in a glass that flickered scary shadows on the walls. Hard to read by. Well reality is as you know Severn Trent Mafia turned my water off for three and a half months. Water is even more important than electricity especially when you are a diabetic. Got a very bad foot infection. Been to the hospital fighting this infection many times The antibiotics can not seem to completely clear it up. So you see Painius why I keep posting that the Mafia are using their Drug profits to buy up all USA utility companies b Reality is my water company Severn Trent Toho was trying to kill me. They being Mafia can kill in this spacetime and get away with it(they are above the law) They answer to no one Mothers with babies call me,and ask How can I get my water turned back on. My answer is you can go no where Sad but true TreBert > Painius You mention electricity,and I know coming home after school and > playing with my friends it was 5pm and very dark out. I would flick on [quoted text clipped - 12 lines] > turned back on. My answer is you can go no where Sad but true > TreBert Take care of that foot, my friend. I have a buddy who stubbed his toe and then lost it due to the infection that followed. Like us, he was diabetic. I am blessed with the sometimes excruciating pain of peripheral neuropathies brought about by the diabetes. Ain't life grand? <g> happy days and... starry starry nights! SignatureIndelibly yours, Paine Ellsworth P.S.: "I am not an Athenian or a Greek, but a citizen of the world." > Socrates P.P.S.: http://yummycake.secretsgolden.com http://garden-of-ebooks.blogspot.com http://painellsworth.net > Painius You mention electricity,and I know coming home after school and > playing with my friends it was 5pm and very dark out. I would flick on [quoted text clipped - 3 lines] > off for three and a half months. Water is even more important than > electricity especially when you are a diabetic. Even more important when your only alternative is a NASA recycling machine! > Got a very bad foot > infection. Been to the hospital fighting this infection many times The > antibiotics can not seem to completely clear it up. Careful Bert. Diabetes and a foot infection are a bad combination. Z- M-O Oil cured a killer foot infection I had years ago. I haven't seen it on store shelves around here for ages, but I just discovered they now have a website and it can be ordered online. Just an old remedy that really seemed to work. It seemed to have more curative powers than other topical solutions available. No prescription required. No big bucks to the drug companies. Some people swore by Bag-Balm, but they made them take the mercury out of it. > So you see Painius > why I keep posting that the Mafia are using their Drug profits to buy up [quoted text clipped - 4 lines] > turned back on. My answer is you can go no where Sad but true > TreBert Double-A Double A There are great differences between the 30s depression and todays great depression. 30s no credit cards,or even check books. Cash was the way to pay. Banks were honest. Insurance companies were honest. Most politicians were honest. gas was 10 cents a gallon was pumped for you and your windows cleaned. Walls in you apartment painted each spring(your choice of colors) Schools were not over crowded and none shut down for lack of money. Police and doctors given great respect. Police walked their beat. Houses and stores were not set on fire (as much) Government money was used to create jobs(WPA) See the difference Double A The difference is what America is facing today. Its corruption all the way down. Democracy(of the people) has been replaced by the republican party to the people in power. They catering only to their own special interests. Corrupt banks and fraudulent insurance companies such as AllState. It will only get worse as their greed for money will literally kill the very poor. Best the American Godfather gives the very poor free opium That day is getting close TreBert > Double A There are great differences between the 30s depression and > todays great depression. 30s no credit cards,or even check books. I think they had checks. > Cash > was the way to pay. Banks were honest. You can't really believe that, do you? > Insurance companies were honest. > Most politicians were honest. Ha! > gas was 10 cents a gallon was pumped for > you and your windows cleaned. Walls in you apartment painted each > spring(your choice of colors) Schools were not over crowded and none > shut down for lack of money. And teachers didn't have unions. > Police and doctors given great respect. > Police walked their beat. Houses and stores were not set on fire (as > much) Government money was used to create jobs(WPA) See the > difference Double A The difference is what America is facing today. Its > corruption all the way down. Democracy(of the people) has been replaced > by the republican party to the people in power. You don't think that Obama and the Democratic administration, and the Democratic Congress, will bring change? >They catering only to > their own special interests. Corrupt banks and fraudulent insurance > companies such as AllState. Do you own a piece of the rock? (Prudential stock down 85%) > It will only get worse as their greed for > money will literally kill the very poor. Best the American Godfather > gives the very poor free opium That day is getting close TreBert Double-A Double A Checking was out there in the 30s,but charged you for the use of them. People are worse by owing on average $8,000 on credit cards. They in reality will never be taken to court. Washington will bailout American Express. It was WW2 that got people working again 1.00 per hour and time and a half for over time. You could make $100 bucks a week Obama I am giving two years,and if I am still alive I will let him know it. Trebert Change? Obama-lama's a repeat of Clintonistas, DA! lmfjao! Saul Levy >You don't think that Obama and the Democratic administration, and the >Democratic Congress, will bring change? > >Double-A > Change? Obama-lama's a repeat of Clintonistas, DA! lmfjao! > > Saul Levy I hope he isn't another "fix everything" President. Double-A > On Fri, 28 Nov 2008 13:21:36 -0800 (PST), Double-A > [quoted text clipped - 5 lines] > > - Show quoted text - He may very well try that, DA! lmfjao! Saul Levy >> Change? Obama-lama's a repeat of Clintonistas, DA! lmfjao! >> [quoted text clipped - 3 lines] > >Double-A Double A When Bush and Chaney leave office after what they have done to USA economy we have to give Obama all the help we can. First help would be to give him a chance. What the republicans have done in 8 years can not be fixed in 4 Sad but true. TreBert > Double A When Bush and Chaney leave office after what they have done to > USA economy we have to give Obama all the help we can. First help would > be to give him a chance. What the republicans have done in 8 years can > not be fixed in 4 Sad but true. TreBert Do the math on a federal debt of $56+ trillion (plus interest) that the next 100 generations get to pay for (assuming the republican Mafia continues business as usual). By then we'll be down to the dregs of our coal, only burning the really bad stuff because that's pretty much all that's left. Canada will become rich and powerful, China and India will own the moon, and we'll have become the best of friends with Russia. Could be worse. ~ BG It could be BETTER too, BradBoi! lmfjao! BO could just SHOOT YOU IN THE HEAD! Saul Levy >Do the math on a federal debt of $56+ trillion (plus interest) that >the next 100 generations get to pay for (assuming the republican Mafia [quoted text clipped - 6 lines] > > ~ BG > Double A When Bush and Chaney leave office after what they have done to > USA economy we have to give Obama all the help we can. First help would > be to give him a chance. What the republicans have done in 8 years can > not be fixed in 4 Sad but true. TreBert Bert, I am willing to wait and see what Obama does. If he starts taking positive moves, I will support him. I haven't seen much positive so far though, like his support for bailing out the billionaire Wall Street bankers. I hear Jesse Jackson on my radio when he comes on at 5AM on Sunday mornings, and it has gotten too cold to sleep. He keeps asking the question, "Where is the bailout for the common folk?" Double-A Double A Obama I too would have liked if he was against giving the fat cats big bucks. Still he is all we got,and half of that 800 billion is gone. Creating jobs right away should be Obama first act. It was 25% of men not working that was the problem of the 30s. Now woman have to work as well. TreBert > > Double A When Bush and Chaney leave office after what they have done to > > USA economy we have to give Obama all the help we can. First help would [quoted text clipped - 11 lines] > > Double-A Day-1 10,000 pink-slips would be a positive/constructive sign. He has to cut the Federal all-inclusive overhead by at least 10% within the first year. Many states are also looking at a 10%<25% cut for their 2009, and there's not much room for error. ~ BG Arizona is doing NOTHING, BradBoi! lmfjao! That's because we have a POWER MAD DEMORAT GOVERNOR! Cut all welfare programs! BO can take care of them all! Saul Levy >Day-1 10,000 pink-slips would be a positive/constructive sign. > [quoted text clipped - 5 lines] > > ~ BG Bg All those ho voted for Obama can do is. Wait and see. He has inherited the fraud and corruption of the republicans. Bush and Chaney did to America what they did when being heads of Enrod Buried America. Stole its money. Sad part is its being done big time just before they leave office. Well the laugh is they can still parden themselves Go figure. TreBert > Bg All those ho voted for Obama can do is. Wait and see. He has > inherited the fraud and corruption of the republicans. Bush and Chaney > did to America what they did when being heads of Enrod Buried America. > Stole its money. Sad part is its being done big time just before they > leave office. Well the laugh is they can still parden themselves Go > figure. TreBert Whatever those presidential pardons can't do, presidential signings can, and no other president in history as modified as many laws and regulations via presidential signings as has Bush. They essentially used our constitution as toilet paper, just like what those Zionist/ Nazis did whenever they could get away with it, and don't forget what certain Popes and Zionist rabbis accomplished in the name of their God. ~ Brad Guth Brad_Guth Brad.Guth BradGuth BG / “Guth Usenet” BG Bush has to sign the presidential pardons if that is what the republican Godfather wants. They are his lieutenants and what the Godfather wants is law. Even when in prison those two are in aGodfather owned prison,and get a menu each day that includes Maine lobster. Good sex by Play Boy or Dallas cowboy girls. They can come and go out the back door,and stay out late To think other wise is very naive. To think otherwise you do not live in Florida with its chain gang. TreBert > BG Bush has to sign the presidential pardons if that is what the > republican Godfather wants. They are his lieutenants and what the [quoted text clipped - 3 lines] > the back door,and stay out late To think other wise is very naive. To > think otherwise you do not live in Florida with its chain gang. TreBert Ain't being American wonderful, especially if you're a pretend-Atheist and a republican Mafia to boot. Wouldn't this ongoing demise of our constitution have made Hitler a happy camper? ~ BG Jackson just wants more money, DA! lmfjao! Nothing new there. Saul Levy >> Double A When Bush and Chaney leave office after what they have done to >> USA economy we have to give Obama all the help we can. First help would [quoted text clipped - 11 lines] > >Double-A Double a Jesse Jackson,Obama,and I will throw myself in. ARE TROUBLE MAKERS All must be killed to save the republican party. If JFK and Bobby realized this they could have lived longer. Best to know where I am coming from. Its the reality that the American Mafia is in control. It is now 100% Mafia fascist control indivisible rights,and majority rule are gone. Only the rich and special interest the Godfather wants alive.What he wants goes,and so goes America TreBert A drop out? A DROP OUT? Nice to know that, Jeff! lmfjao! Saul Levy On 23 Nov 2008 02:00:02 GMT, Jeff?Relf <Jeff_Relf@Seattle.Invalid> wrote: >How bad did it get for you, back in 1940, when you were 13 ? >Things have changed since then; [quoted text clipped - 14 lines] >Imagine a room full of saffron-robed monks in the high Himalayas >chanting not Ohm , but f.ck it .. that's me. Jeff You ask how bad was it when I was 13. It was very very bad. See the old depression movie Skippy and and I had it 100 times worse. Maybe the pain I needed Who knows Go figure Time heals all wounds(almost) TreBert > Jeff You ask how bad was it when I was 13. It was very very bad. See the > old depression movie Skippy and and I had it 100 times worse. Maybe the > pain I needed Who knows Go figure Time heals all wounds(almost) > TreBert Mean while, those protected Zionist/Nazis were having a grand old time, just like your republican Mafia has had a grand old time at the ongoing demise of others. A good many of those Zionist/Nazis relocated to Australia, and currently live their lives fairly large. They is big into coal and other minerals. ~ BG > How bad did it get for you, back in 1940, when you were 13 ? > Things have changed since then; [quoted text clipped - 14 lines] > Imagine a room full of saffron-robed monks in the high Himalayas > chanting not “ Ohm ”, but “ f.ck it ” .. that's me. I think that's what Ohm being loosely translated means! Double-A > Jeff You say you have a small monthly income,and can you as a computer > whiz kid use your talent to bring in a few extra bucks to supplement > this set income. I am 80 and still bring in extra money(not much) but it > helps a lot. trebert Ps I love to work,and will never completely > retire. Do no like the word retire. It makes me feel old useless,and > depression sets in go figure Thanks to our republican Mafia and their Zionist/Nazi puppet masters, most of us have no viable option but to work until we die on the job. Not working is simply not an option. ~ BG YOU ACTUALLY DO WORK, BradBoi? lmfjao! And exactly what work is that? Saul Levy >> Jeff You say you have a small monthly income,and can you as a computer >> whiz kid use your talent to bring in a few extra bucks to supplement [quoted text clipped - 8 lines] > > ~ BG I thought you were MAKING BIG BUCKS at the bank, Jeff? lmfjao! Saul Levy On 22 Nov 2008 09:54:52 GMT, Jeff?Relf <Jeff_Relf@Seattle.Invalid> wrote: >I don't have a pension, nor any savings, for that matter. >If worse came to worse, I'd apply for low-income housing. Double A You are right on the money CD were always the way to go,and that is why I will end up with some bucks for my kids.If market does not go up 600 points today it will go down to what you predicted all the way down to 500. I knew from living in Florida and houses being foreclosed on my street 4 years ago that things were getting very bad. TreBert Ps Stocks are not worth buying until people get back to work > Double A You are right on the money CD were always the way to go,and > that is why I will end up with some bucks for my kids.If market does not > go up 600 points today it will go down to what you predicted all the way > down to 500. I knew from living in Florida and houses being foreclosed > on my street 4 years ago that things were getting very bad. TreBert Ps > Stocks are not worth buying until people get back to work Yes, CD's are very good to have during this bear market. There is even a company now that will spread your money out to as many banks as it take to keep all your money insured. I think they just raised the insurance from 100,000 to 250,000 because of this crisis. Some money market accounts will be insured now too, but I don't recommend them, because current interest rates are small, and deflation may drive them even lower. The time to be in money markets is when interest rates are high and rising, stifling stocks. The time to switch to bonds is when interest rates are high but falling. Then bonds will lock in the high rates and the value of the bonds will appreciate as the interest rates fall. The time to be in stocks is when interest rates are low, the economy is good, and the market is rising. Avoid bear markets. By the way, I did not predict the Dow would fall all the way to 500, but something proportional to it's fall to near 500 in the 1974 bear market. That would mean it might fall to near 5000. As always, my investment advice is worth exactly what you paid for it Double-A > > Double A You are right on the money CD were always the way to go,and > > that is why I will end up with some bucks for my kids.If market does not [quoted text clipped - 24 lines] > > Double-A Hushmail is based in Canada, with offices in Delware, too. > > > Double A You are right on the money CD were always the way to go,and > > > that is why I will end up with some bucks for my kids.If market does not [quoted text clipped - 26 lines] > > Hushmail is based in Canada, with offices in Delware, too. Hmmm. Double-A Double A Your post prove you have a good head on your shoulders. I will predict unemployment will be at 13% by the end of 09 When it hits 20% we are in a full blown depression. Born in the great depression Will die in a great depression Its mother natures balancing act. Go figure TreBert > Double A Your post prove you have a good head on your shoulders. I > will predict unemployment will be at 13% by the end of 09 When it > hits 20% we are in a full blown depression. Born in the great depression > Will die in a great depression Its mother natures balancing act. Go > figure TreBert In comparing statistics I am always suspicious about how the different numbers were arrived at. When unemployment was 25% in the 1030's, who all was counted? I know that I am not included in the unemployment figures of today. Would I have been included back then? "Firgures don't lie, but liars figure!" Double-A Double A Bush and Chaney could give lying lessons to Nixon. Government officials that lie takes away citizens confidence. Once a person lies to me I can no longer believe him any more Can no longer have him as a friend Bush is a liar Charlie Crist never stops lying. American people have no liking for its government as CNN poles have indicated. Its so very sad TreBert Speaking of LIES and LIARS, BEERTbrain: Where are those cites? lmfjao! Saul Levy >Double A Bush and Chaney could give lying lessons to Nixon. Government >officials that lie takes away citizens confidence. Once a person lies >to me I can no longer believe him any more Can no longer have him as a >friend Bush is a liar Charlie Crist never stops lying. >American people have no liking for its government as CNN poles have >indicated. Its so very sad TreBert |
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