Monthly Archives: July 2008

Prepetorial #20: ..-. .- .-.. .-.. – - – ..- -

MORSE KEYtn

By John Galt July 30, 2008 Sheriff Mack walked calmly into the Mayor’s office with a hurried manner in his face. Mayor Williams looked at him and asked immediately “What’s wrong Bill?” The Sheriff took his hat off and unzipped his coat while responding “Tom, we’re getting reports that Minneapolis and Chicago just got nuked. No further news as the EAS sounded on the Eau Claire and Stevens Point stations then nothing. Every station on FM and AM were off the air and power is…

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Prepetorial #19: “Preppyers”

Filed under: Prepetorials — John Galt @ 2:52 am Prepetorial #19: “Preppyers” July 25, 2008 by John Galt Tonya and Tony were exhausted. They had hiked for an over an hour to the outskirts of Ellisville, MS after abandoning their X5 SUV just outside of Richton, out of gas and too dangerous to keep driving as it attracted too much attention. They had followed all of the advice of their best instincts reading books on the “new survivalism” but when the time came to bug…

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How Now, Dollar Dead Sacred Cow?

How Now, Dollar Dead Sacred Cow?

By John Galt July 24, 2008 Ah thank you oh former Bear Stearns cheerleader Christopher Cox who occasionally fills in as the “ENFORCER” at the Securities and Exchange Commission when he is not on Bubblevision promoting a particular stock which needs a bailout. It is the special order issued from up on high and the absurd way in which the media has been promoting it that inspired the “Sacred Cow” which can not be gored per the Grand Pooh-Bahs up on high. The funny thing…

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Prepetorial#18: Vienna Weiners

VIENNA_WEINERS_jglfatn

Prepetorial#18: Vienna Weiners By John Galt July 17, 2008 The little store marked “Joe’s 24” sitting off Highway 87 near Jay, FL has changed hands a few times in the last 4 years, but now in 2010, it became the meeting place for everyone crossing from Alabama into Florida and vice versa to get goods and gas. This little country store had become a symbol of the resilience of American ingenuity and business acumen because despite the food and gas ration programs, Joe always had…

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WaMu WaWhacked!

WaMu WaWhacked!

Filed under: Old Posts — @23:53 July 14, 2008 By John Galt Down 77 cents in that chart but $1 real time now. Think some people have finally put 2+2 together and realized that they held a similar, not identical, but similar portfolio to Indymac? It does not take rocket science to figure out that these bankster stocks are dropping for a reason. For everyone’s sanity and sake, do not be a sheeple and pay attention to what is happening. Do not have more than…

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It’s the Solvency Stupid

It’s the Solvency Stupid

July 8, 2008 It’s the Solvency Stupid Filed under: Old Posts — John Galt @ 9:12 am By John Galt There has been a lot of speculation and postulation by the Bubblevision crowd and those declaring a bottom every fifteen minutes on television and radio that the housing crisis is almost over and that as soon as lending standards stabilize a recovery will ensue. The problem that I have been screaming about and warning about since 2006 is that you can not loan money to…

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It’s the Solvency Stupid

It’s the Solvency Stupid

Filed under: Old Posts — John Galt @ 9:12 am By John Galt July 8, 2008 There has been a lot of speculation and postulation by the Bubblevision crowd and those declaring a bottom every fifteen minutes on television and radio that the housing crisis is almost over and that as soon as lending standards stabilize a recovery will ensue. The problem that I have been screaming about and warning about since 2006 is that you can not loan money to people who do not…

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