Wednesday, November 23, 2011

It Is Different This Time/ the rules have changed

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The press/ media will always be counted on to not tell the truth or the facts.

The federal government and all the new rules and regulations that are spewing from its chambers are changing the terms and conditions of contract law.

This is resulting in less financing for the lower and middle class from banks. This is resulting in less lending to small and medium sized businesses. This is resulting in thousands of lost jobs. This is resulting in a collapse of the banking industry in Europe (which by the way is the largest lender to Asia by far). This is resulting in a severe recession entering Europe right now. Which will in turn cause America to enter a recession shortly and thus cause a hard landing in India and China.

Incredibly but not surprisingly all because of the governments actions.

This is why stocks are going down.

And this action will go on for literally another year.

As people fight the end of socialism and a 30 plus year bull market in bonds.

Danny Boy seen here is frustrated to see so much hard work go down the drain and is not empowered to do anything about it.