TigerSoft Freedom News Service 7/15/2008 www.tigersoft.com
Investing In A Perfect Storm
with The DJI Down More Than 20%
(Part 2)
Zero Regulation, Zero Foresight and Zero Honesty
None of Bush's High Paid Thieves Asked
"What WIll Happen When Housing Prices Fall?"
The US Treasury is Being Robbed Bare.
Why Is "Socialism for the Rich" OK?
The Secrets of Successful Bear Market Trading
by William Schmidt, Ph.D. (Columbia University)
(C) 2008 All rights reserved. Reproducing any part of this page without
giving full acknowledgement is a copyright infringement.
---------------------------------------------------------------------
The Corporate media utterly failed to cover
the early growth of the US credit / financial crisis.
It failed to foresee the collapse and consequences
of the $10 trillion 1996-2006 housing bubble and
the resulting Recession. Who is it protecting?
TigerSoft has worked hard to keep its
readers far ahead of these developments.
The best hope for the US lies in the
punishment of, not the concealment of,
those who are responsible for the theft of
trillions from the US Treasury, the destruction
of the US Dollar and the life-long savings of
millions of hard-working Americans while
allowing obscenely overpaid CEOS to bribe
poiticians, bilk their shareholders, overcharge
consumers and happily export millions of the
best jobs.
See TigerSoft's:
Investing in A Perfect Storm (1) 7/13/2008
Far from Over, The Credit Crunch Is Worsening: 6/4/2008
Bernanke's Billions for Big Banks. Which Bank Is Next for A Bailout? 5/7/2008
Bernanke Has Addicted Banks To Federal Reserve Hand-Outs.
Fed Policies Are Apt To Depress Housing Prices Much More. 3/29/2008
Bernanke's Socialism for The Rich" 3/18/2008
Carlyle Group Bailout?
American Socialism Is for The Rich and Well-Connected. 3/13/2008
The Economic Consequences of the $2 to $7 Trillion Dollars
Squandered and Stolen by Bush's Iraq War:
US Recession, Dollar Collapse, Sky High Oil Prices and A Bear Market 3/7/2008
The Biggest Theft in American History: 3/1/2008
How The US Treasury Was Bankrupted by Bush's and Cheney' Buds and Halliburton.
The Limits of Monetary Policy: Will The "Stagflation" of The 1970s Reappear? 2/4/2008
Income Inequality Threatens The US with A Depression. 1/30/2008
Insider Selling at Bear Stearns (BSC) and How TigerSoft Spots and Trades It. 1/6/2008
Insider Selling at Washington Mutual and CitiGroup 12/30/2008
Lessons for The US from The Collapse of Argentina's Currency in 2002. 11/29/2007
Leveraged Currency and Forex Profits in An Age of Profound
US Dollar Weakness 11/28/2007
The Untold Story behind The Run on The Dollar 10/31/2008
Killer Short Sale Techniques 8/13/2007
Widespread Insider Selling before The Bad News Comes out. 8/3/2007
US Dollar's Decline Is Getting Serious 7/12/2009
Housing Correction Continues. No Bottom In Sight, Yet 6/28/2007
The 1929 Crash: Could It Happen Again? Yes- Absolutely. 6/24/2007
These other links challenge what you will hear from the mainstream media,
http://www.rapidtrends.com/blog/2008/03/04/jim-rogers-claims-the-us-economy-is-out-of-control/
http://www.youtube.com/watch?v=gY9VlI-kshM
http://louis-fina.blogspot.com/2008/03/ben-bernanke-vs-jim-rogers.html
http://www.funnymoneyreport.com/news.php?id=7465
http://www.roguegovernment.com/news.php?id=10659
Research on Individual Stocks upon
Request:
Composite Seasonality Graph of Any Stock for $125.
Example of historical research NEM
- Newmont Mining. Order Here.
 |
Tiger
Software Helping Investors since 1981 More Oil
Profits' Cartoons.
|
The Federal Reserve headquarters in Washington, DC.
Investing In A Perfect Storm
with The DJI Down More Than 20% (2)
US CORRUPTION IS NOW SO MASSIVE,
AND THE US TREASURY ROBBED SO BARE,
THE DOLLAR MUST SURELY DROP DRAMATICALLY.
by William Schmidt, Ph.D
The US now owes $9 trillion dollars. It has just added as much as
$5 trillion more in potential debt if housing prices keep sliding and the
mortgages backed by Freddie Mac and Fannie Mac prove worthless,
because people cannot pay them or choose to walk away from a loan
because they owe more than the house is worth. Treasury Secretary
Paulsen and Fed Chairman Bernanke are Bush appointments. They
were not elected. But they are committing the US to debts which will
bring financial disaster to millions of Americans as the Dollar breaks down.
Certainly, there are better solutions that just giving privately run
companies a blank check. These companies, as I said two nights ago,
are run by obscenely overpaid CEOs. What's worse? The bigger of the
two Fannie Mae has a history of engaging in fraud and deception. FNM was
fined $400,000,000 for deliberate accounting fraud and evasion two years
ago. Its CEO gave the Bush Republican Party $16,000 last year in
campaign contributions. In return, Paulsen now protects his pay and
position.
In the UK, Northern Rock was nationalized. That is what should
happen here. Instead of socialism for the, we should just try some
socialism for all Americans. Taxpayers should reap the benefits of
public ownership if they are going to put up all the money for these
companies. There is no reason to keep on board the overpaid upper-level
management. FNM and FRE are now bankrupt, says the St.Louis Fed President.
But no heads are allowed to roll. Paulsen wishes to allow his cronies to
stay in power, so that they may continue to rob their companies and the
taxpaters and keep making huge campaign contributions.
The rest of the world looks on this monstrous highway robbery and they
shudder. They see how thoroughly corrupt and greedy America has become.
America's political leadership is clearly for sale to the highest bidder.
This is a continuation of the same putrid system that let Bush and Cheney
enable private contractors steal hundreds of billions in zero-competition,
bloated war contracts with little or no accountability. It is part of the
same system failure that has allowed Bush's appointment Bernanke
at the FED without legal authority to bail out Wall Street's biggest banks
with tens of billions in exchange for dubiously valued mortgages used
as collateral.
------------------------------------------------------------------------------------------------------------------------
"America is a unique society in which we have
free enterprise for the poor and socialism for the rich."
--Gore Vidal
1995: "Putting a precise dollar figure on corporate
welfare depends on how it is defined. The Cato Institute
-- a libertarian think-tank in Washington, D.C. -- considers
corporate welfare to be the 125 programs that provide
direct subsidies to individual industries. In a fairly recent
report, it estimates that the federal government currently
spends roughly $75 billion a year on direct subsidies to
American private corporations. And that is the conservative
estimate.
"Ralph Nader's Center for the Study of Responsive Law
offers a more expansive definition that includes federal
tax breaks, many of which are designed to funnel money
to specific industries. Add in bail-outs and government
research conducted for the benefit of private business,
and the total corporate aid figure rises to a high of $167 billion
annually. That's $1,388 per individual taxpayer! This
give-away to Big Business contrasts sharply with the
total costs of all federal welfare programs for individuals,
including help for the blind and deaf, assistance to the
handicapped and elderly, care for the mentally retarded,
children's vaccination and immunization programs, and
so on. The cost of Aid to Families with Dependent Children
and other forms of social welfare, including food stamps,
housing assistance and child nutrition, was $50 billion in 1995."
(Source: http://www.efn.org/~rolanda/discovering/chapter8.html )
-------------------------------------------------------------------------------------------------------------------------
Helicopter Ben Ups The Subsidies
Seeing that Bush could, with no real accountability, give many hundreds
of billions to his war contractor, campaign contributors in the form of bloated,
unaudited, no-other-bid, cost plus military contracts, the Federal Reserve
Chairman decided he wanted to do the same with his banking buddies.
In August 2007, as the DJI hit the 10% down from the high level,
Bernanke began his bailout of banks with taxpayer money. He authorized
printing up "$78 Billion in new crisp dollars bills, and len(t)... them to the
banks in exchange for their bad mortgages. Not a bad deal--for the banks.
For the public, who has to bear the expense, it is a different matter.
However, since they lack representation at the Fed and have no lobbyists
in Congress, the public may be safely ignored. Of course, the bankers who borrow
this money to cover their losses are the same one's who pound the table about
"free enterprise" and "get the govmint off our backs." At the first
sign of
trouble, they become instant socialists, so long as they are the beneficiaries."
(Jim Grant - http://distributism.blogspot.com/2007/08/socialism-for-rich-capitalism-for-rest.html
)
When no one complained, he juiced up the printing press. In January 2008,
rather than let the market keep falling, for fear of a panic, Bernanke again
accepted questionable mortgage securites from JP Morgan and ponied up
$30 billion so that JPM could buy out Bear Stearns. A month later, when the
market again began to fall, he opened up the Fed's Discount Window" and
allowed all the biggest US investment banking firms get cheap money with
equally dubious collateral. Estimates of the cost of this to the taxpayer range
from $250 billion to $500 billion.
The Dollar Will Break Down Badly in
The Next Few Weeks
Americans may not see the truth, because of the corporate media, but
foreigners do. The chart below shows a composite (UDX) of the US Dollar versus a
basket of currencies. It is breaking below its recent support. The breakdown
was predicted by the rises and upside breakouts of Gold and Silver.
As the Dollar falls, OPEC raises its price for oil and the Dollar falls still more.
------------------ US Dollar and Dollar versus Gold -------------------
TigerSoft Currency Report
- 7/14/2008
British Pound -
on Buy ,,, above rising 50-day ma and shows a bullish bulge of Accumulation
Euro - on Buy -
above rising 50-day ma and shows a bullish bulge of Accumulation
Swiss Franc -
on Buy - above rising 50-day ma and shows a bullish bulge of Accumulation
------------ Gold and Silver Will Soon Challenge Their
Highs -------------
Buy GLD (95.87) and SLV (189.38)
Flat-topped breakout in Gold is accompanied by very
positive (Blue) Accumulation
Flat-topped breakout in Silver is accompanied by very
positive (Blue) Accumulation
Interesting Gold and Oil Stock Speculations
Great Basin Gold, Ltd.
engages in the acquisition, ownership, exploration, and development of gold
and silver deposits. It owns interests in the Hollister property located on the Carlin
Trend in Nevada;
and the Burnstone project located approximately 80 km southeast of Johannesburg, near the
town
of Balfour in South Africa. http://www.greatbasingold.com
A move past 3.75 is expected.
The stock shows high levels of (blue) accumulation. The OBV line is nearly at highs.
Read what investors are saying about the stock's under-valuation - http://messages.finance.yahoo.com/mb/GBN
Cubic Energy, Inc. engages in the exploration,
development, and production of crude oil and natural
gas principally
in Texas and Louisiana. Its Texas properties are situated in Palo Pinto, Eastland, and
Callahan
Counties; and Louisiana properties are situated in Caddo Parish and in Desoto Parish. As
of
June 30, 2007,
Cubic Energy had total proved reserves of approximately 4,319,031 thousand cubic feet
of natural gas
equivalent. http://www.cubicenergyinc.com
