17

10/09

The Numbers Don’t Lie: There is No Christmas for Retailers or Obamanomics

17:51 by Administrator. Filed under: Whatever

by John Galt

October 17, 2009

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If it is not coming into port, it’s not going to be on the store shelves. When you seriously start to review the information on business inventories, port activity and rail movement reports it tells the tale the mainstream media will not dare tell anyone:

That this is nothing more than a financial and statistical recovery.

It is nothing more than attempt to try a new twist on an old failed theory that by making people “feel” good the economy will actually begin to recovery thanks to psychological factors. The political snow-job started first under the Bush-Paulson fiasco has only been piled upon and expanded with the Obama-Summers regime (Geithner is nothing more than a lap dog for Summers and the banking cartel).  When you review the weekly rail reports from Railfax you begin to understand that we are moving less, not more goods for what should be a Christmas inventory build.

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While this data does not underline the actual tonnage declines, when one takes into account the total rail car loadings as of last week on an annual basis compared to 2008, you get the idea that we are heading for another precipitous fall in November and on through the first half of next year barring an inflationary miracle:

Thus why I can say with some serious confidence that there will be no Happy Happy Joy Joy Merry Christmas in the retail sector and with the alleged recovery in housing and construction nothing more than a REO based mirage, the next decline down will be the one that tests our mettle as a nation. With the  “leadership” we have in charge of both poltical parties it is and will continue to be every man, woman and child for themselves.

17

10/09

What does the Arab Bloc know that the Sheeple don’t?

12:42 by Administrator. Filed under: Whatever

By John Galt

October 17, 2009

From the Gulf Daily News in Bahrain:

Gulf monetary union on track

Al Attiyah also said GCC ministers are working to accelerate the region’s economic integration.

He added issues covered would include a customs and monetary union, a common market, and a joint railway project.”

Hmmm, a monetary union. But Mr. Fisk’s article a few weeks ago was dismissed by these same ministers.  While the sheeple fawn over our Messiah in Chief as President and spend their days watching reality television and balloon stunts, the rest of the world is moving forward finishing up the preparations for the eventual collapse of an empire.

So what are you doing today to get ready for our collapse?

That is truly the only question you need to work on and do so quietly; because with this government, there’s no telling how much community service and sharing you will be forced to do in the months and years to come. Eh Comrade?