Obama Bear Market

  January, 2009, marks the start of the third down-leg of the Obama bear market.

This bear market will be years long.

Now, more than in 1968, the whole world is watching because it is financially involved.

 
As of January, 2009, societal & economic realities of redistribution are setting in. Socialism, communism, all forms of forced and unnatural redistribution systems that take from the successful and give to the less-worthy, implant failure within entire societies.
It will be the same under this Obama administration. BO has selected cabinet and advisors who have little real-world experience. There is the repeat of the JFK-style compliment of simple-minded academics -- all overly confident in their abilities to maneuver economic forces into doing what they think economies and people should do and how they should function, will damage US capitalism. It will inhibit capitalism until BO and his minion sycophants disappear. Their disappearance is possible. Jimmy Carter almost disappeared when he was superseded by Ronald Reagan.

The world wanted BO. The world donated absurd and large amounts of illegal money to ensure BO's election. The world believed that BO would bring down that mean and nasty USA. Europe in particular believed that BO would convert US capitalism into European socialism. Europeans understood that that would bring the US down a few notches. The world believed that a diminution of the USA would cause the world's nations to rise from relative perspective.
Europeans and the rest of the world failed to understand that the USA is the innovator, motivator, engine, and driving force for all the remainder of the world. Therefore, with the US being diminished by BO, the entire world, all its peoples, each of its economies, and each of its industrial producers, will be pulled down from an absolute perspective.

The global financial breakdown started before Obama arrived. And the reason it was born in 1977, and flourished heartily over recent decades, is that the US Congress overly empowered and fueled borrowing entitlements for the unworthy. Those unworthy were used by grass roots organizers and legislators who utilized extortion and business-viability threats to force major banks and community banks to lend with excess to the unworthy.
Starting in 2007, the world has discovered -- and feels first-hand -- the consequences and realties of lending to the unworthy. It is learning the consequences of lending while abandoning standard bank lending standards, handing out Alt-A (" liars' ") loans, and disregarding people's credit histories and ratings. The unworthy are unworthy.

BO is today being instructed by the Soros-Ayers team. BO was taught economics and the wonders of communism by Frank Marshall Davis, his communist, confessed-pedophile mentor during BO's teenage years. BO will ultimately fail to convert the US capitalistic mechanism into some perverted communistic shape. He will be inhibited by the global financial lock-up and financial industry breakdown caused -- in grand irony -- by the excesses of providing mortgages to unworthy people for decades, securitizing those bad loans, and spreading them across the nearly all the world's banking, investment, and sovereign institutions and funds.

Many of you just had to have BO. Now you've got him. Now you've got it.

The financial breakdown was initiated three decades ago. It gathered momentum over the two recent decades. It became visible in 2007. In 2009 and beyond, BO's policies will ensure that its ramifications and wide-ranging negative impacts reverberate and diminish the world's economies for several years to come.
The only people to enjoy the coming depression will be those psychotic and sociopath individuals who need to control people on a grand scale.
 
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