Tag Archives: August 16

Terrorism in the United States

KKK PARADE IN TULSAI frequently say history for most Americans starts from the first day they were shocked and noticed some international event. Hardly any Americans know what happened in our nation prior to September 11, 2001. A significant number don’t even have a handle on that. There was a 100 year period when terrorism was a way of life here.

The following is a clip from Wikipedia. It matches other sources I have seen.

“3,959 black men, women, and children were lynched in the twelve Southern states between 1877 and 1950”

No guilt trip is required. There is not a soul alive today who had any part in this. If we held descendants of criminals responsible for what their ancestors did, we would have to go to places like Nigeria and find descendants of the folks who sold their prisoners of war as slaves to whoever would pay for them.

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In the current time frame, we have unrestrained violence in Milwaukee. Is this not terrorism? Of course it is. The point in this is not to rationalize terrorism as a tool to for Muslims to use against United States citizens. I am bringing this up because most Americans know absolutely nothing about our history.  It is also silly to see these riots as being any kind of justified payback to the white race. What we all need to know is that terrorism is an extremely useful tool people use to get what they want. It works. The lynchings of blacks during the 19th and 20th century were extremely successful in accomplishing their intended purpose.

In 2008 we witnessed bloodless terrorism. It was financial terrorism. George Bush went on television and scared the holy hell out of the citizens so that he could get his TARP bill. Of course the TARP bill was sophisticated robbery. Since Americans know next to nothing about how government works most are clueless as to how much wealth and income this bill cost ordinary citizens. We may be the only nation in the world that actually celebrates ignorance. Folks this approach is going to be very costly.

 

 

 

Stock Market Next Week

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Very little has changed in a week. Notice the green index at the bottom of the chart. Again, prior to an acceleration to the upside, friends of the Fed load up on bullish derivatives ahead of time.  Usually, before the market launches there are multiple articles in the media outlining reasons why doom is just around the corner. This is to draw in short sellers to fuel the advance when the trigger is pulled. Those news stories are missing going into the trading week.  Again friends of the Fed participate in return for advance information. To participate they must make a profit. They will not take any risk.

When they cannot profit even when the Fed helps them they will cut and run. The market will crash. I know this is mostly a repeat of what I have already said.

The market will not drop as a result of supply slowly rising above demand. That kind of drop can be managed and it is often orchestrated as a way to draw in short sellers. If a fast drop occurs, it may continue.  The lack of etf volume is an indication that friends of the Fed are having trouble staying in the black. This has been a long standing feeding frenzy, so they won’t cut and run just because they take a one or two day loss. They will cut and run when they ascertain that there is no more profit to be extracted out of the unaware.

The free money for helping the Fed actually started during the Reagan Administrated and has continued to the present with very little interruption. The central economic planning also started during the Reagan administration and has continued to the present also. It is a testament to the free market philosophy that it has taken this long to destroy the system.  But, it has been destroyed and there will be hell to pay.

Again, the crash can occur on any day but there is only a low probability that it will happen on a given day. The potential consequences are to great to justify holding long positions. The market does look much more vulnerable than it has in a long time. We still cannot rule out the chance that central banks will just start buying outright with newly created unearned money. I am still holding a pile of cash and own just a few bearish 3X etfs. Sorry I can’t be more precise. I know my limitations and that alone has saved my neck more than once.

There is a good chance the European markets will start to tank prior to the U.S. markets. Keep an eye on that.