You Gotta Be Kiddin' Me
No not really…..as expected the Kabuki theater is playing out to the bitter end. The drama is killin’ me. SHOCKING I TELL YOU!! Sorry…not really. Its funny… CNBS as predicted is an unabashed cheerleader for the debt ceiling increase. Their reporters slapping every “tea party” congressman for their “obstruction”. I’m not going to belabor the pros and cons of either “side” except to say that CNBS should be ashamed of their unabashed biased “reporting”. If it weren’t so embematic of what is behind the decline of our empire…er…country then it would be comical.
Today changes none of my previous several days posts. Just keep your eye on the ball. this is manipulated panic to obtain several objectives. Notice how the disastrous GDP numbers have been lost in all the debt extension noise. Even though the GDP number was distrous its actually WORSE. Things are deteriorating again and the Kabuki theater makes our peeps believe their is a two way battle going on that is fighting for their interest. YOU REALLY DO believe it don’t you. Admit it. You think that your side is really fighting for you in D.C. don’t ya???
Watch your favs here. I actually bought some XLF today and added a few miners. Miners aren’t even near oversold yet so be VERY careful buying them. I still have PLENTY of cash in case they drag them to the bottom of the BB’s and stochs. On the run today and sorry for the late post. Seems like interest is waning too……so gl
PS……GDP of 1.3 now guarantees QE 3……..gl
LISTEN TO THE BELOW VID…..
Read more at Great Depression 2
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