Tuesday, March 3, 2009

March 3, 2009


O'Reilly doesn't get it
by MrArbitrage

O'reilly doesn't get it. He's telling Brit Hume that the market pulling back 1,200% must be shaking him up... the American people may turn against him...”

O'Reilly doesn't get the fact that Hussein doesn't CARE. The media have not yet gotten what I've been saying for many months – he WANTS to tear it down. He WANTS to destroy our economy. He WANTS to tear apart our country.

It is not a coincidence that he, from the day he declared his candidacy, has been setting himself up before the nation as a form of Abraham Lincoln. It is marketing expertise. He stood in front of that state house where Lincoln served with a picture of Lincoln behind him as he declared his candidacy. He did so throughout his campaign announcing Biden as his running mate. He did so when he was sworn into office on Lincoln's Bible and even put the same freaking MENU Lincoln had served at his inauguration.

There is much more than symbolism going on here. There is a subliminal thought association game taking place and it isn't because Hussein is a history buff.

Watching the insane legislation he is promulgating and to listen to the fear incitement in his speeches by the deliberate and incessant usage of words like “crisis” and “disaster” - to conclude that he is setting out to do anything other than bring this country to our knees would be an egregious demonstration in credulity.

The Lincoln word association game is planting psychological seeds in the minds of the masses because this guy is so cunning that he is anticipating months or years down the road. By than he will be seen as the “modern Lincoln” and the masses will be convinced of his rectitude as Pavlov's dog is convinced on cue without any rational thought.

This is all unprecedented. He may well be expecting civil war and it looks like he's doing everything he can to prompt states with any ethical standards to secede. The creepy thing is that this year is Lincoln's 200th birthday.

contact: mrarbitrage@tableofwisdom.com

Monday, March 2, 2009

The Devil's in the Details but they don't matter when You've already followed him to Hell

by MrArbitrage

There goes twelve years of gain. This debacle could have been avoided with a dramatic, 25% across the board tax cut with commensurate spending cuts. There is enough pork to accomplish this. Everyone is announcing lay-offs to try to stop the bleeding; where’s the announcement that the IRS will be laying off a percentage of its workforce? If you’ve ever called them to try to fix any of their screw ups, I don’t need to tell you that most of them are useless “dead weight”.

Marketwatch featured a column today referring to this market as a “Darwinian Market”. This isn’t a Darwinian market nor is this a traditional correction. It is more like a Marxist or Stalinist market and the bottom could be zero at the rate this "home grown" economic terrorism is playing out.

I was listening to a Fox News panel this evening as Mara Liasson was critiquing this administration. She was being slightly objective. Her criticism of Obama and Geithner was that they didn't elucidate upon the details as promised because they didn't know what they were themselves. She concluded that "Wall Street" simply "doesn't like uncertainty". I completely disagree with the overall premise. It is true that Wall has never liked uncertainty; however, it is quite erroneous to assert that Wall Street will suddenly be pumped with confidence when Obama and Geithner get more specific on how the bailouts are going to work.

I think the market got the picture late last week when the Obamunist Manifesto was released in its fancy blue book form proclaiming "the new era of responsibility". They say the "Devil's in the details" but details don't matter once the Devil has taken you to hell. The market doesn't like Marxism - no matter how lucid the prospectus.

As a student of market history going back as far as the "South Sea bubble" of the 18th century and the "tulip bulb craze" of 17th century Holland, having been a financial professional through peaks and troughs, I used to have confidence in the market. There was an invariable "reversion to the mean" to which astute investors could look forward.

We have our own Bolshevik revolution taking place. The key ingredient of capitalism is in the process of being eliminated from our equity markets overnight.

What did these people EXPECT would result from stacking the deck with tax cheat scoundrels like the one running the Treasury and plundering the responsible people of this country to bailout the deadbeats????

The Boomers and X’ers have failed. Overcome by selfishness, they have failed as parents by allowing the government school teachers, Ward Churchill and Hollywood to raise their children. All of the sudden, they are in college idolizing communists murderers like Che Guevara and electing Barack Hussein Obama.

Contact: mrarbitrage@TableOfWisdom.com

Tuesday, January 20, 2009

Time for Healing? It depends on what their meaning of "healing" is

by MrArbitrage

After 8 years of the venomous vilification of George W. Bush, liberals in the "mainstream" media, some of whom actually called for Bush’s assassination (veiled as a joke) – now say they want a new tone! “It’s time for the healing. they say” How magnanimous.

Marketwatch columnist Marshall Loeb wrote a piece today titled “How Obama Can Inspire a Nation” – in which he offered some suggestions: “The new president may seek to bind up the nation's wounds after a divisive election campaign. Thomas Jefferson, in his first inaugural in 1801, declared of the two major political parties of the time: "Every difference of opinion is not a difference of principle. We are all Republicans. We are all Federalists."

That is a great quote and it was then true as the primary beliefs were the same among most Americans. The differences that currently divide our country are fundamental. To forget about our differences and unite with the left would be a compromise that any God fearing person -who actually believes in the words of the Declaration of Independence- would be unwilling to make. To the left, the word “Creator”, the One from Whom our inalienable rights were endowed is just an affectation, an inconvenience that they would expunge like the 10 Commandments from an Alabama courthouse and our children’s classroom walls - if they could. In the midst of all the sophistry, they want us to forget who they actually are and from whom they take their orders (ACLU).

I –want - to support Obama because he is the President and quite a charming, affable one at that. However, despite the elegant rhetoric, if he actually does the things he has said he is going to do policy wise, he must be regarded as far from a true friend of liberty as he and his party have for the last 45 years labored to subvert the great pillars of this country expatiated in Washington’s Farewell Address (co-written by the great Hamilton).

It cannot be genuinely stated (reminiscent of Jefferson’s quote) that today “we are all Democrats. We are all Republicans”. To say so would be delusional. Our foundation, our worldviews are polar opposites. We are as two different countries from two different continents.

If reconciliation and “healing” means that I must allow the government to teach my children their brand of “tolerance”, if it means that I must stand by and let these people make a mockery of the institution of marriage – if it means that I must give approbation to the millions of innocent human lives being taken with the sanction of our federal government or the harvesting of human embryos for demented "scientific" experiments, then may God Strike me dead before I ever have the chance to make so egregious a compromise.

It would be better that they tie a millstone around my neck and to be thrown into the ocean than to cause even one of God's children to stumble.

I'm concerned as I hear Christian leaders handle this important subject because there will be a time when even the very elect will be decived. They are acting as though we don't have a clue what he's going to do. I have heard many say that he's our President and we need to pray for him.

As a Christian, I am and will be praying for President Obama. I will be praying that God will not allow him to do the things to this country that he has already promised that he would do.

If Obama is able to fulfill his campaign promises, I am praying that God will have mercy upon us and deliver us from this evil.

This past Sunday was “Sanctity of Life Sunday,” a day in which we prayed for God's mercy on us for the now 50 million innocent human beings whose blood is on our hands. When put into that perspective it testifies to God's mercy and patience. How reasonable is it to expect MORE patience from God, especially when we have a new President who has pledged to expand the atrocities through stem cell research.

It's a sick world out there and I get the feeling that Christian leaders are obtuse to the notion that maybe, just maybe God as he did with his CHOSEN PEOPLE Israel – has handed us over to our enemies. I certainly pray not but time will tell.

Contact: mrarbitrage@tableofwisdom.com

Wednesday, February 13, 2008

February 13, 2008

China's Accounting: The Next Debacle?
by MrArbitrage

Speaking of China, I’m going to tell you now, long before all the media experts tell you that - THEY – “told you so first”. China is a ticking ACCOUNTING time bomb. You think we’ve had accounting scandals, wait till you get a load of China.

Within the next few months to a year, sagacious media “experts” will be telling you about how the warning signs were on the wall well in advance - as we saw how these Chinese companies were all to willing to sell our children toys with toxic paint in order to make a few extra bucks. They will bring up the thousands of houses in the USA that are now vacant as they were found to have toxic Chinese paint all over the walls, making their former inhabitants ill.

The “experts” will tell you how that was a portent of things to come. After all, if they are willing to sell you toxic toys and house paint - why should you trust the integrity of their balance sheets and income statements???

The Chinese government is either ignorant or complicit; either way common sense says that something isn’t right. I find it difficult to believe that the chi-com government doesn’t regulate enough.

Remember the 90’s? How did the mafia make fortunes pumping bogus stocks? They knew from the beginning that their companies they pumped and dumped were bogus. They knew their schemes couldn’t last forever. They knew they would suck so much money out of people that it wouldn’t matter by the time everyone caught on. They would be set for life. I’m talking about a brutal regime that as recently as in 1996 was selling the organs of their political prisoners to finance the Red Army. I don’t think they would have any qualms about doing the largest pump and dump in history to suck the money out of their old buddies the USA.

The communist Chinese government is not our friend and they never will be. We have been duped. We have financed their regime and the joke is on us. By the way, is it still legal for me to say negative things about communists in the USA?

I just thought I’d share this with you now in case you are long Chinese securities. If you read TableOfWisdom.com, you get these kinds of tid bits at a time when the analysis is actually useful or “actionable” as opposed to reading the many journalists who ruminate on them after all hell has broken loose and it is too late.

I don’t know if China will be the NEXT financial debacle – because our government and their cronies are doing a fine job creating so many here – but I believe China will a fairly near term disaster.

Contact: Mrarbitrage@TableOfWisdom.com