by John Galt January 13, 2012 18:00 ET And now, presenting the Tweet of the day courtesy of ZeroHedge: I think old “Tyler Durden” said it without thinking of us minions and our twisted sense of humor. However, here is S&P’s downgrade in full from their website (Click on this link to read the full damage): S&P downgrades Italy rating via Channel News Asia Posted: 14 January 2012 0508 hrs ROME: Standard and Poor’s has decided to downgrade Italy’s credit rating by two notches…
by John Galt January 13, 2012 05:30 ET I’m sure somewhere on one of the uber-bullish blogs or Bubblevisions there is an analyst calling this super good news for the world’s equity markets. For Greece however, it is the beginning of the end and a total collapse. Next stop: 500%.
by John Galt January 12, 2012 21:59 ET Woah, wait a second. That damned piece of paper actually demands that the United States Congress has the authority to declare war? From all the way back in March of 1998….. According to the mainstream media, and the “conservative” talk show honks, Ron Paul was only against the Iraq War. In fact he has been very, very consistent. Imagine that. And the big lie? That he is “Anti-War” as some talk show hosts would have you believe.…
by John Galt January 12, 2012 20:45 ET And now, all the videos you ever need to see about Newt “Woodrow Wilson” Gingrich to understand how far out there in La-La Land this Progressive RINO really is: On NAFTA- On centralized government controlled health care – On “Global Warming” with his main squeeze – In other words, he’s worse than Romney, equal to Obama, and a disgusting Wilsonian steaming pile. I report, you decide. And only a moron could not see the truth now.
by John Galt January 12, 2012 19:45 ET Watch the video and do your own research; has this man ever created anything but misery in his wake? Originally posted at: http://www.webcasts.com/kingofbain/ Oh yeah, that’s right. He supported and SIGNED an “assault weapons ban” as Governor of Massachusetts. Hopefully he never gets the power of the White House to ‘interpret’ the Constitution as he sees fit. Updated….Guess I’m not the only one scratching my head. Welcome to the party El Rushbo.
by John Galt January 12, 2012 18:05 ET Of the following headlines and links, tell me which news outlets are carrying the water for the regime if it isn’t that hard to figure out already: Unemployment claims jump, but Home Depot is hiring Los Angeles Times - 6 hours ago Unemployment benefit claims jump after holidays USA TODAY - 8 hours ago Unemployment Claims Tick Upward Thanks to Seasonal Layoffs The Atlantic Wire - 8 hours ago Holiday season over, jobless claims jump msnbc.com - 9 hours ago…
by John Galt January 11, 2012 09:45 ET Thankfully the United States government and DHS would never adopt the Stasi tactics of paying children to spy on their neighbors. right?
by John Galt January 11, 2012 21:30 ET Just when everyone thought it was safe to shake hands, kiss babies, and meet politicians again, the story from US News and World Report caused me to take a deep N-100 filtered breath: 12 Infected With New Swine Flu Strain (click on the link above to read the full story) Why is this story so disturbing? Because of the timing, an election year with radical Islamist terrorism on the rise, and the worldwide economy facing collapse on…
by John Galt January 10, 2012 18:30 ET The memo is long, written in the language of the technocrat, twisted to give the appearance of passing the Constitutional sniff test, but if my readers fail to read this in full and understand the implications of this program in addition to the other news to be covered on tonight’s internet broadcast of the Voice of Galt, then there is not much more that I can do to point out what is coming. Welcome to the police…
By John Galt January 10 – 17:00 ET They control your vertical. They control your horizontal. They control your internet. They control your finances. Soon, they will totally control your life, your children, and your future. Tune into DOOMER TUESDAY at 7 p.m. ET tonight to find out more… YOUR CALLS TONIGHT ABOUT WHAT YOU ARE WITNESSING AT THE LOCAL LEVEL ARE INVITED AT: 877-213-6404 Just click on the banner below to find the various audio players to listen or to participate in the chat…
by John Galt January 10, 2012 05:15 ET Here we go again. The Republicans are holding their primary today in New Hampshire and like good little rally monkeys they will march to the polls and vote for a New England clone of George W. Bush because “this time it’s different” and Romney would never do any of the things that idiot Bush did. At least that’s what they would have you believe. With Alcoa reporting a quarterly loss, Italian 10 year yields over 7.10%, and…
by John Galt January 9, 2012 05:15 ET Today is going to be a snoozer. With volumes anemic and the start of earnings season which is a total crap shoot this time around, do not look for any dramatic moves in any U.S. markets today barring some shocking geopolitical event. The head of the ECB is not named “Tebow” and the 1,321 summit between Sarkozy and Merkel is beginning to resemble a marriage counseling meeting rather than a serious attempt to resolve the problems…
by John Galt January 8, 2012 20:45 ET The incessant screaming that the markets are fine, the economy is recovering, and don’t worry about Europe as we’ll bail them out and life will move forward into a new era of unicorns flying across the skies, painting them purple as they poop rainbows and Skittles. Of course what the bubblemedia, economists, and some biased news broadcasters, er, scratch that, all biased newscasters, will not tell the average viewer is that literally hundreds of billions of dollars…
by John Galt January 8, 2012 19:00 ET There really isn’t much to add to this other than if anyone thinks this “decoupling” and crash will not impact the U.S. markets at some point, then those individuals are smoking the same hippie lettuce that old Monti is. (Chart is from Yahoo Finance. Click to enlarge)
by John Galt January 8, 2012 18:30 ET The headline in tonight’s edition of the UK Telegraph caused me to do a double take, and the article in full (at the link below) was even more insane: Italian Prime Minister Mario Monti: ‘The euro is not in crisis’ Uh, since when did Italy go Dutch? This is the most absurd headline of the day but the story only makes it better when one starts reading the details inside of it: “The euro is not in…
By John Galt January 6, 2012 16:30 ET Here we go…………… That’s right ladies and gents, I owe my old pal Natty a respite after last night and by golly I owe my audience more blather than anyone can deal with. Hour 1: The news, all the news, and even more financial news. Hour 2: THE SURVIVAL HOUR - COMBAT SHOPPING – Arm your golf cart, shopping cart, or your stupid hybrid, it’s time to learn how to save money, shop like a warrior, coupon,…
by John Galt January 6, 2012 05:30 ET Despite the popular belief that the Euro will survive there is ample evidence that the ultra-wealthy and many banks believe otherwise. The examples below are just of the German 1 year yield and the Euroswiss 3 month which both have displayed negative yields at various points in their recent trading history but more so recently as all faith in the ECB has evaporated. Bankers and wealthy investors do not pay central banks to hold their cash unless…
Gang- My wife and I have a special event which just came up last night and so tonight Natty B. will be the special guest host LIVE at www.justmeasuresradio.com, so give him your support and force him to support the bananas at 7 p.m. ET. I’ll explain tomorrow night where I was as it is all good! -Thanks for supporting JMRN, John
by John Galt January 5, 2012 05:30 ET The implosion of the Euro is well under way and this will trigger a massive sell-off in the U.S. equity markets if the central banksters don’t break out their inner piggy and bail it out immediately. The technical condition is now shattered in the EUR/JPY swap with new decade plus lows being made daily and this morning being no exception: (from ForexPros.com – live 5 minute chart updates automatically) 96 is now in play in that swap…
by John Galt January 4, 2012 05:20 ET Buckle your seat belt, make sure you keep your arms inside the car at all times, and please secure all loose objects. All of the sudden yesterday’s “rally” isn’t looking so hot as the news broke this morning that usage of the ECB’s deposit facility hit an all time high yesterday of €453.18 billion and the volume in the U.S. markets was disappointing to the bulls and technicians. The Asian markets did not follow through with a…
by John Galt January 3, 2012 21:30 ET Just a reminder as to the type of person Mitt Romney is and his elitist attitudes which have never been challenged by any other host or interview to the best of my recollection other than the awesome Mark Larsen.
by John Galt January 3, 2012 11:15 ET To all this morning’s construction report a joke would be an insult to comedians. The Bubblevision and agenda driven bloggers who wish to deal in hopium rather than facts believe or encourage the seasonally adjusted data to be accepted as the gospel and to ignore all facets of reality. This suspension of belief is destroyed when one takes the non-seasonally adjusted data and observes the projected annualized total, which if the normal declines from November to December…
by John Galt January 3, 2012 10:20 ET Just when one thinks the hate for symbols of the West and our Christmas holiday can not get any worse, this story via Dushanbe and the Armenian news site, News.am is published: Santa killed by Muslim fanatics for being ‘infidel’ in Tajikistan Oh what a horrific story boys and girls: January 02, 2012 | 18:13 DUSHANBE. – An outrageous incident occurred in Dushanbe, Tajikistan, where a group of religious fanatics killed Santa Claus. Parvis Davlatbekov wore as…
by John Galt January 3, 2012 09:00ET There are no other words to express in this story beyond this old adage: “If you play with the devil, you will get burned.” Needless to say the idea that surviving on a credit card as a small businessman is nothing new. I did it a decade ago as my operation started to crank up and during lean times, it was not unusual to use the minimum payment on a credit card to buffer periods of slow cash…
by John Galt January 3, 2012 07:59 ET In this morning’s edition of the Athens News it was reported that Pantelis Kapsis told Skai TV the following: “The bailout agreement needs to be signed otherwise we will be out of the markets, out of the euro.“ Of course he followed up those reassuring comments with this gem: “The situation will be much worse.” The story went on to state that voters in polls wanted the government to do all they could to remain slaves, er,…
By John Galt January 3, 2012 07:30 ET Happy New Year and enjoy the faux Wall Street party today because it will not last long. Futures are up this morning but not due to a sudden resurgence in the U.S. economy or some miracle created by Obamanomics. The reality is that everything is still tied to the actions in the Eurozone and price action in the Euro and each tick up in the S&P 500 can be tied directly to the USD/EUR and EUR/JPY trades…
by John Galt January 2, 2012 22:10 ET 2012 starts out as 2011 ended, with many starting their usual cheer leading that everything is going to be wonderful with unicorns pooping rainbows and pissing Skittles, yet reality is, as usual, stated by Ambrose Evans-Pritchard in his column for tomorrow morning’s print edition of the U.K. Telegraph: 2012 could be the year Germany lets the euro die (click on the link above to read the full article) From the article: Monetary union is too damaged to…
by John Galt January 2, 2012 22:00 ET Apparently the political elite think the average Tea Party participant or ultra-conservative Republican is as dumb as a bag of bricks. Of course the Mitt Romney campaign won’t recognize the doctored photo above as being that of John Kerry and his infamous hunting trip, as that picture is as close to a firearm as anyone will see Governor Romney, at least until he starts his propaganda march through Dixie. The Republican spin machine is working overtime to…
By CalOkie 1/1/2012 Now that 2011 is behind us, here’s a quick summary for last years bank failures. 2011 started with the continuation of a lull in bank failures and FDIC DIF (deposit insurance fund) cost. That lull was a well defined monthly pattern which had started May of 2010. The pattern ran for a total of seventeen months and broke last October. It was pretty impressive, all things considered. Also worth mentioning was the decline in the number of banks closed by the FDIC…
by John Galt January 1, 2012 I thought my readers buried in cold, snow, and north of paradise might want to see why it is hard to leave this place. These photos were taken at Siesta Key Beach last night at sunset. I hope you enjoy them.
I think I’ll watch the FOREX markets where the numbers are manipulated and bad play doesn’t matter since the central banksters will cover the losses. Ugh. A return to the 1980′s for my beloved Bucs. Just barf.
JohnGaltFLA Predictions for 2012 By John Galt January 1, 2012 – 17:00 ET I. Geopolitical Predictions 1. The United States constructs a new large military base in Columbia near the Venezuelan border in anticipation of the collapse of the Chavez regime. The new focus on South America is seen as a desire to refocus American foreign policy as the Middle East rejects any further interference from the United States. Columbia welcomes the action as it intertwines the U.S. into their internal conflicts and…
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