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Tuesday, August 4, 2009

Consumers should Read the Bad News

The only thing that prevented me from learning is education” Albert Einstein

Only a Crisis, real or perceived, can bring about real change.” Milton Friedman, 1982

Consumers need to read the bad news to save themselves from being manipulated. Life is not for going to school to be brainwashed and then have, 1 wife, 1 child, 1 car, 1 house, 1 dog, eat, sleep, work for 30 years and die. We go to school to know about ourselves, the world and people to have some control over our lifes. If 50 % of the world are living below the poverty line and another 30% of the world is having more days in the month than money - SOMETHING IS GROSSLY WRONG WITH THE SYSTEM.

Mike Vs Goldman

Obama’s broken promises

Global Economy hasnt hit bottom

Don’t Trust Bank Earnings

“Why emerging from the Economic Meltdown will be difficult” By Joseph Stiglitz

“Global Controlled Fraud Ponzi Scheme” By William Blake

The Ponzi Scheme II - Crony Capitalism
A trillion Dollars !

Disater Capitalism – Naomi Klein:

The Obama Deception
The Obama Deception - Movie

Fixing Capitalism by Bill Gates

Bill Gates unplugged

War on Information

America Destroyed by design

The Malaysian Unplugged

It is worthwhile for me as my social responsibility to the 1 Billion ordinary consumers of the world, to repeat myself that there will be no “REAL” global economic recovery in the next 4 to 8 years at least. The Governments are just subsidizing Public Listed companies which will repay the Government. But the People’s lost will remain your loss as their “logic” says, “Any way you enjoyed the good times too.” So you suffer the ups and downs of unrealistic, manipulated market forces but certain Big private companies, their CEOs and executives will be protected from the ravages of an hostile economy. Please brace yourselves : For Full Report Please Visit:

  • Weekly Unemployment Claims Portend Disaster
    Mon, 03 Aug 2009 02:50:34 GMT
    “In the week ending July 25, the advance figure for seasonally adjusted initial claims was 584,000, an increase of 25,000 from the previous week’s revised figure of 559,000. The 4-week moving average was 559,000, a decrease of 8,250 from the previous week’s revised average of 567,250.” … Click here to read more
  • The appearance of improved commercial paper and credit facilites appears to be just that, an appearaance
    Mon, 03 Aug 2009 02:58:33 GMT
    ” overnments world over have issued guarantees and commitments to assure the world that they would not let any major counterparty to fail. This has created the desired impact in short term credit and lending markets, as well as the longer term corporate bond markets. It has also produced the effect that I anticipated, moral hazard (ex. the continued extreme risk taking at Goldman Sachs despite being backstopped by the US government – see The Goldman conspiracy theory is now no longer a theory) as well as the carry of corporate risk by central banks and governments in lieu of private investors.” … Click here to read more
  • Hundreds of Businesses Are Run Out Of Capco’s Vermont HQ
    Mon, 03 Aug 2009 16:25:26 GMT
    ” This brings to mind the story Obama used to tell on the campaign trail about “the outrage of a building in the Cayman Islands that had over 12,000 business — businesses claim this building as their headquarters. And I’ve said before, either this is the largest building in the world or the largest tax scam in the world.â€?” … Click here to read more
  • Thoughts On The “Recoveryless Recovery”
    Mon, 03 Aug 2009 18:30:50 GMT
    ” Before we can address the question “is the bottom in?” we must answer the question: “the bottom of what?” Moreover, we must also state a timeframe. The latter is critical.” … Click here to read more
  • August 3 2009: Non-denial denial: Higher taxes
    Mon, 03 Aug 2009 07:13:05 GMT
    “At the end of it all, the notion of the second stimulus was planted in the nation’s consciousness, and that was the goal. When, likely in a few months’ time, the topic resurfaces, there will be a recognition factor that will make it go down much more easily. It’s how you sell stuff, and how you sell ideas.” … Click here to read m ore
  • A Complaint By Any Other Name… Maybe it’s NOT the Loan Mod Firm
    Mon, 03 Aug 2009 07:15:50 GMT
    “People are losing their homes. And they feel let down. Let down by their banks, let down by their government, let down by society. Many still blame them for having created the situation in which they now find themselves. The fact that it’s way beyond frustrating is only the tip of the emotional iceberg. It is disheartening on a scale that’s hard to comprehend without living it.” … Click here to read more

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