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    Top Ten Reasons Recession Will Last "Forever"

    What are we going to export to the rest of the world? Big Macs and Lawyers....
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    S&P 500 Over Priced. PE Ratio is Now at 129

    http://www.mybudget360.com/sp-500-over-priced-with-97-of-companies-reporting-q2-earnings-the-pe-ratio-is-now-at-129-the-most-over-hyped-market-rally-ever/ <a href="http://www.mybudget360.com/wp-content/uploads/2009/08/snp-500-pe-ratio.gif" target="_blank"><img class="alignnone size-full...
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    "His worth has fallen to about $4 million from a peak of about $100 million."

    He's doing better than this Russian who turned $1.2 billion into $0 http://www.irishexaminer.com/world/snsncwkfid/rss2/ or this guy who turned $1.4 billion into $0 http://www.blnz.com/news/2009/07/31/Icelands_richest_bankrupt_9898.html It's all about greed my friends. The more...
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    Manufacturing Jobs Drop To Lowest Level Since 1941, Below 9% of Workforce for the Fi

    http://mjperry.blogspot.com/2009/08/manufacturing-employment-drops-to.html <br /></span><br /><a href="http://4.bp.blogspot.com/_otfwl2zc6Qc/So3S7XtDAII/AAAAAAAALCA/ndwHHvtfGQQ/s1600-h/mfg.jpg"><img style="TEXT-ALIGN: center; MARGIN: 0px auto 10px; WIDTH: 400px; DISPLAY: block; HEIGHT: 327px...
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    This So Called Recovery Is Going Nowhere

    Further to the unemployment figures, the birth/death ratio should have been 113,000 job losses higher or about 350,000. This year the B/D model has added 879,000 jobs and that figure should be 992,000, during the worst employment environment since the ‘Great Depression”, which is simply...
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    This So Called Recovery Is Going Nowhere

    The Fed’s Wall Street bubble, as we forecast in January, will need at least $2 trillion more in 2010, if the economy is to just stay on an even keel. The massive debt liquidation particularly in banking, Wall Street and in insurance demands many more trillions of dollars. $23.4 trillion is not...
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    Jim Rogers: S&P Could Go to 50,000 and DOW to 1 million

    http://finance.yahoo.com/tech-ticker/article/258129/Jim-Rogers-S&P-Could-Go-to-50000?tickers=dia,spy,xlf From The Business Insider, June 3, 2009: Ahh, Jim Rogers, always good for a nice headline (see: above). In an interview with the Economic Times of India, the famously dramatic and...
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    Gerald Celente on Fox and Friends The Greatest Depression

    http://revolutionarypolitics.com/?p=956
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    Unfunded liabilities reach $63.8 trillion

    http://www.usatoday.com/news/washington/2009-05-28-debt_N.htm Leap in U.S. debt hits taxpayers with 12% more red ink By Dennis Cauchon, USA TODAY Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement...
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    US National Debt Clock

    http://www.usdebtclock.org/
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    Howard Davidowitz: "The Worst Is Yet to Come"......and its so true!!!!

    Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson YouTube May 11, 2009 Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars... 9 trillion missing? http://www.youtube.com/watch?v=mO3GpzWfppo&feature=related...
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    Howard Davidowitz: "The Worst Is Yet to Come"......and its so true!!!!

    DOW 5K in another year or two. 600K jobs still being lost a month but I'm told this is a lagging indicator and doesn't mean anything. Neither does GM announcing half of their dealerships closing. Record home foreclosures for the month of April also mean nothing. 14 trillion...
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    Top 25 Highest-Earning Hedge Fund Managers 2008

    Mr Simons was up 80% net fees which equals 160% before. Only God and Simons know the actual amount of money he made. I wouldn't doubt if he made double the amount that's reported. The entire fund is made up of his own money. The fund is atleast $7 billion in size.
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    Russia waiting for collase and breakup of USA

    RTS dropped from 2500 in May to 692 as of today. Loss of 73% http://www.rts.ru/en/index/rtsi/onlinegraphday.aspx Thank you for worrying about us.
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    Taking 103K to 1.2million by Year End 2008

    Thanks for sharing. What a ride!!! Not guts no glory. You definitely have steel balls..
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    Which Hedgefunds are going out of business? SAC, citadel, TCI,and etc?

    About 350 funds shut down in the first half of the year, a number that may double by year-end, Hedge Fund Research reported. Among the biggest casualties is Dwight Anderson's New York-based Ospraie Management LLC, which is closing its $2.8 billion commodities fund after losses of almost 40...
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    9.1 Million Barrel Build in Crude Oil. Wow. Get The Hell Out.

    It's all about sector rotation. Oil was not in favor a few days ago so bullish news would have no impact on prices. Today we saw bearish news and prices pop. 110 support held. Cosolidation between 112-116 area for close to two weeks. Today we're seeing a breakout to the higher trading...
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    9.1 Million Barrel Build in Crude Oil. Wow. Get The Hell Out.

    The fact that oil prices lifted in the face of a large rise in crude inventories and another rebound in the U.S. dollar was significant, said James Cordier, president of Tampa, Fla.-based trading firms Liberty Trading Group and OptionSellers.com. "We had two of the most bearish factors thrown...
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    9.1 Million Barrel Build in Crude Oil. Wow. Get The Hell Out.

    Don't try to explain the rationale of oil prices because it's a losing game. GS reiterated a previous call that oil would touch 149 by years end. Oil had every reason to fall today yet it didn't. This should give you a hint what position to take. Demise of oil is wishful thinking...
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    Sell All Rallies 8-12-2008

    Housing Lenders Fear Bigger Wave of Loan Defaults By VIKAS BAJAJ The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building. Homeowners with good credit are falling behind on their payments in growing numbers...
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