Markets bottomed on Sept 29th..

I have a buy signal on the markets as of this AM. The financials indexes have retained the gains from July 20th and have not retested. They will start to lead on the upside. GS is showing incredible strength. This should be the low of the year. 2009 targets in this bear market are at DOW 8K.

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Most Famous Video of 2008

click to watch

http://video.msn.com/video.aspx?mkt=en-US&vid=54c2933e-b7a3-4743-876e-6e618359573f target="_blank"

Kennedy tried to stop TARP 2008

LOOK CLOSELY AT THE ABOVE BILL...

notice what is says at the top?

On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.
With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificats were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the gevernment the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.

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our Forefathers Guaranteed us Something..

US Constitution.. 2.4

But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security.


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Stopping a Financial Crisis, the Swedish Way

Sweden took a different course than the one now being proposed by the United States Treasury. And Swedish officials say there are lessons from their own nightmare that Washington may be missing.

Sweden did not just bail out its financial institutions by having the government take over the bad debts. It extracted pounds of flesh from bank shareholders before writing checks. Banks had to write down losses and issue warrants to the government.

Sweden spent 4 percent of its gross domestic product, or 65 billion kronor, the equivalent of $11.7 billion at the time, or $18.3 billion in today’s dollars, to rescue ailing banks. That is slightly less, proportionate to the national economy, than the $700 billion, or roughly 5 percent of gross domestic product, that the Bush administration estimates its own move will cost in the United States.

But the final cost to Sweden ended up being less than 2 percent of its G.D.P. Some officials say they believe it was closer to zero, depending on how certain rates of return are calculated.

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McCain vs. Obama Housing Bubble

Watch this

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It's A Wonderful Life bank run

ok kids.. ive been busy trading stocks and all that good stuff. I'm moving so quick now that its hard to post the positions. I have to say this was one of the most interesting market weeks we've had in the last year. But i had to post this 9 minute clip for your viewing pleasure. I hopey you enjoy it!



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