"Green Shoots" are everywhere!

(thanks to proxy 2 for the idea)



google PPT and see what you learn! :)

Big day

as Zero Hedge, the best source of news online , puts it,

"One picture is worth a thousand propaganda machines"

Big day it is. Your going to hear all about the Stress Tests on the news tonight. How they have shown most banks to have enough money, and a few to be solid. How this is a signal that the end of the recession is around the corner.
Its all a fabrication. Dont trust me?




Watch this little worm speak, and really listen to what he says. Look for things like "end of uncertainty" followed by "status of some banks uncertain".

all kinds of BS like that. They know your not paying attention, they can say whatever they want!

You also have the Bond market auctions today.
Look for yourself
Lets say you need money, from a friend or a bank. save the whole subprime mess, your friend and or a bank will assess how well you will be able to pay it back.

so, "hey bud, can I borrow a 20?" Bud thinks it over, "sure." its only twenty bucks. Now fast forward years later, and you have borrowed 2 trillion dollars. 2 trillion dollars is a stack of 100 $ bills 140 miles tall by the way. You say hey bud, can I borrow 20, but instead of that nice house you used to live in, you live in a trailer. you pocketing that cash? no.

and if we cant sell a 30 year treasury, we will be lucky to live in trailers.
We need to borrow money. We dont make anything here. And thats why those jobs are never coming back.

the Man SAYS ITS bad!

The Stress Test results are going to be announced thursday, and its going to be bad. But everyone at first will act like its manageable
. Then the bottom is going to drop out.
Banks are already insolvent

Some of these Banks had record earning the first quarter right??? Now they just need billions more to be well capitalized so they dont fail?? How many forclosures are out there, that the banks havent put on the books yet? How many houses worth 150,000 are out there, that the bank is holding 500,000 on? Maybe 2 trillion worth?

How bad will it be? I dont know. 2800 is the guess, the guy I trust says. we will see.

The real problem aside from money, is you have been lied to. Lied to about everything. Dont watch CNBC, aside for funny things like that clip. Dont just read the headlines and editorials in the NYT's. Really dig into the info, the truth is hidden in plain sight.

What people dont understand is that our entire way of life is built on cheap credit from China. well,

China is done!

Then there is Dennigers take:

"Tuesday, May 5. 2009
Posted by Karl Denninger in Banking System at 09:53
(Page 1 of 313, totaling 937 entries) » next page
Stress Tests: What's That Light?
The continued refusal by our government to put these financial institutions where they belong - in front of a bankruptcy judge where priority is honored, the capital structure is crammed down and the assets sold off for whatever the market will bear - is leading us inexorably toward economic Depression. Both President Bush and now Obama are proceeding under the (false) hope that if they can hold things together for a little while the economy will turn and it will all be ok.

The "green shoot" people are all predicting positive GDP in the 3rd and 4th quarter. What they're not talking about is what the real number was for the 1st Quarter - there was a trade balance shift credit in there worth nearly 3%; take that back out and we weren't -6% annualized, we were -9%!"

Denniger has been right all along.

I dont know what to say

I feel pretty bad for a lot of people. Out of work, out of hope. Deluded by our government, our media. What is the future?

I think if you watched the videos I posted in my last blog post, you would agree its pretty bleak.

The videos themselves are dire in the content shown, but optimistic in our future. I agree with martin about many things, but especially that this is the best time in history to be alive. I think as humans we are meant to be challenged, prodded, and stressed. That's what we thrive on. But as life is now, that animal inside people has gone to sleep. Just happy to eat, drink, and talk about bland shit. Not me. I want competition, stress, intrigue, fighting, stimulation, fear. I want to live the movie genres in real life. Not a glancing "feel" in a warm movie theater. I don't want an ephemeral high, or a momentary shot of adrenaline. I want life to be more interesting.

Its going to be. soon.

If you are an adult, you have to be responsible, and watch this guys video.

WATCH THIs!!!!

Not sure if I have ever been exposed to something as profound,yet simply explained in my life, as this "Crash Course" video.

This guy is a national hero for his work, and he didnt make Ben Affleck money for making it. This is really really important info, and I suggest you send the link to everyone you know.

Things re going to change folks. Prepare for the future, its right around the corner.

Fuck al gore.

India and china are coming online and are gonna burn every ounce of coal they can dig out of the ground or export. So if one person gives me shit about driving my truck on the ever eroding beach, im gonna slap them. Al Gore left his lights on during earth. All of them. Even the 50 lighting his landscaping.

we stopped at gettysburg for a few hours. I have been before, but I saw it quite differently this time.

Interesting to have a statue of Lincoln pointing out the Masonic lodge to a wayward soul.(look above Abe's head)

Fucking creepy.

So we got out of there and then we drove to the outer banks. we have a campsite next to the ocean dunes. ocean is loud as hell.

today we went south frome waves, on Hatteras Island, and took the ferry over to ockercoke. was neat.

on way back I took a few pics of truck on sand. Was exhilirating to drive along ocean, sometimes waves splashing over truck. really fun.

Lynn searched for seashells and I just drove around ;)

here is a video of me creating a riot at a breadline, while waiting for ferry.

time for bed

Hope the bottom doesnt happen while im away!

SELL SELL SELL!!!!

Im going to the Outer Banks NC for a week or so.

replacing this

with this
have a nice two weeks!

Bond, worthless bond 009

Everyone talks about the stock market, the Dow Jones. They have no idea what it is though. ITs a composite "price" of the 30 dow components price with a multiplyer. Cant remember what that number is.

No one ever talks of the Standard and Poors 500. This is a vastly more important market.

But I have never heard anyone talk about Bonds. And the bond market is by far, much more important. For one its much bigger, and it is in control.

The TV keeps telling me we have seen the bottom, but its not really. Because the bond market is starting to slow. Our country is spending and incurring vast debt to get us out of our situation. That is paid for with money we borrow, from other more frugal goverments. Treasury bonds are considered the safest investment out there, but we keep selling and selling more. what happens if no one buys them? That cute little market everyone loves to talk about? the do? It will tank.

Caveat emptor.

a ponzi within a ponzi?

Peter Schiff video


Interesting thought.

Worst companies in the world

wish someone had the balls to talk to Obama like this!

The US and the UK are in similar situations. Both "vessels" are in disrepair, and sailing into a squall. A few differences though. We have a populist president that does everything he can, in the elites favor.

Also the british have a bit more division between parties than our congress has. I want to see a republican talk like this to Obama, not act political hoping to turn around the dems majority.

also, the peoples are different. compare and contrast the fans at a "football" game.
The brits get fucking drunk and violent while we get drunk and fall asleep. we are just different.If they dont like what the goverment is doing, they get drunk and violent. we get drunk and fall asleep.




Not advocating violence by the way. The only fight you win is the one you never have. But we are getting fucked right now, all under the guise of "drastic action to pull us out of this recession".

thats jargon for wealth shift.

investors, read other countries have stopped buying gilts .

for the first time ever!

USTB's cant be far behind.