Stocks: Market Crash Looming
- Thread starter ChooseLiberty
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audienceofone
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- Jan 22, 2010
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wow vegas is in bad shape
Didnt obama say something about saving money and not gambling in vegas in a speech that hurt their economy?
Didnt obama say something about saving money and not gambling in vegas in a speech that hurt their economy?
Let's see. 400 problem hotels in CA and now this,
http://www.dallasnews.com/sharedcontent/dws/bus/stories/040910dnbushotels.3c89266.html
Look at the dollar figures. Note the comment many require expensive upgrading if bought. Guess what?
http://www.dallasnews.com/sharedcontent/dws/bus/stories/040910dnbushotels.3c89266.html
Look at the dollar figures. Note the comment many require expensive upgrading if bought. Guess what?
I went for a cruise around my area today and was amazed at how much empty commercial space there is. I never really looked before but once I did today, holy shit! Seemed like every other standing building or unit was For Lease. Everything from large buildings down to 20x20 "warehouse" units and everything in between. Craigslist is blowing up with available CRE in my area.
How is the CRE bubble staying so low profile so far?
How is the CRE bubble staying so low profile so far?
audienceofone
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- Jan 22, 2010
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- 38
I know how you feel I do that every day and its pretty depressing. Birmingham is looking like Detroits ugly sister.
The goose is cooked. Here are the March Treasury Tax Receipts. Page 3.
http://www.fms.treas.gov/mts/mts0310.pdf
H,
Help rip this one apart. They are less than half the receipts of last year and facing high interest rate payments on the debt coming shortly. I am trying to figure out how they are getting more receipts when more people were out of work.
Study this one close.
H, I hope you can give some input on the accounting tricks here.
Remember all this is for six months and less than half of last year which was a bad year.
http://www.fms.treas.gov/mts/mts0310.pdf
H,
Help rip this one apart. They are less than half the receipts of last year and facing high interest rate payments on the debt coming shortly. I am trying to figure out how they are getting more receipts when more people were out of work.
Study this one close.
H, I hope you can give some input on the accounting tricks here.
Remember all this is for six months and less than half of last year which was a bad year.
Any thoughts?
http://www.zerohedge.com/article/tr...the+survival+rate+for+everyone+drops+to+zero)
Where is all this money going and with no need to explain?
http://www.zerohedge.com/article/tr...the+survival+rate+for+everyone+drops+to+zero)
Where is all this money going and with no need to explain?
Lafayette
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- Jan 12, 2008
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- 1,671
Cook the books as long as possible, transfer the columns, move it off the books, sweep it under the rug, stick your fingers in your ears an say "la la la la la".
See, every thing is all better now.
But how long can they keep it up for ?
ChooseLiberty
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- May 30, 2007
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- 2,509
Not really into the astro stuff, but this is a little spooky.
http://seekingalpha.com/instablog/2...-puts-stocks-at-risk-says-veteran-sky-watcher
Comments?
http://seekingalpha.com/instablog/2...-puts-stocks-at-risk-says-veteran-sky-watcher
Comments?
"Cardinal Climax". Fill in joke here.
crushingstep7
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- Apr 10, 2009
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- 429
I'm sorry, I have to post this on the 13th of April - 2010.
"I've been saying for a while that a second deflationary crash is inevitable. It's going to happen by the beginning of 2010."
Don't get me wrong, a crash is coming... but I don't like how everyone thinks they know when it's coming. Austrian School of Economics briefly states - "Human behavior is too complicated to speculate or predict." Correct?
"I've been saying for a while that a second deflationary crash is inevitable. It's going to happen by the beginning of 2010."
Don't get me wrong, a crash is coming... but I don't like how everyone thinks they know when it's coming. Austrian School of Economics briefly states - "Human behavior is too complicated to speculate or predict." Correct?
CL,
Arch C has made some right calls before. Crazy stuff does happen around certain planet events. If 5 are aligned up at once it well could cause some changes. Gravity does weird things like make things fall out of the sky and move ocean currents.
This am. off to a great start,
"Arlington Developmental Center lays off 183 more workers." TN
Miami "Arrow Air may lay off 473, cease operations."
Baltimore "Mayor's new budget cuts 250 employees."
New survey says people still saving more and trying to pay down debt.
Arch C has made some right calls before. Crazy stuff does happen around certain planet events. If 5 are aligned up at once it well could cause some changes. Gravity does weird things like make things fall out of the sky and move ocean currents.
This am. off to a great start,
"Arlington Developmental Center lays off 183 more workers." TN
Miami "Arrow Air may lay off 473, cease operations."
Baltimore "Mayor's new budget cuts 250 employees."
New survey says people still saving more and trying to pay down debt.
predictions are ridiculous. It will happen. It may take another 15 years, but if it does, the crash will be magnitudes more devastating.
http://www.cnbc.com/id/36487160
Next?
How many more are hiding what they just reported? There is some weird stuff going on with massive amounts of money right now.
The question becomes what is the one thing, that they can't control, that tips us over the edge and when? When you play shell games, something always go wrong in the end.
Next?
How many more are hiding what they just reported? There is some weird stuff going on with massive amounts of money right now.
The question becomes what is the one thing, that they can't control, that tips us over the edge and when? When you play shell games, something always go wrong in the end.
HOLLYWOOD
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- Nov 29, 2007
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- 22,314
California Manipulates Tax Revenues and Falsely states Statistics
From the Devil himself... NY Federal Reserve President William Dudley @ the Economic Club lunch last Friday in New York. Watch the video... 50 minutes with Q&A.
http://www.c-spanvideo.org/program/292889-1
Dudley: "The FED FUNDS rate to remain at 0% because of the POOR STATE of the ECONOMY"
Yeah, the US Treasury report is an uptick, but it doesn't exceed the uptick in government spending. So there's the fallacy.
California State tax revenues show uptick
Check this California Government Scam: http://www.sacbee.com/2010/04/12/2671398/state-tax-revenues-show-uptick.html
First of all it's Tax Season and Californians are scrambling to their tax returns in for refunds before the state goes broke and files bankruptcy... so more revenue is for the state is generated.
What the article fails to mention: Revenues are up due to an overall 11% increase in the CA state sales tax. On top of that was a 100% increase in car/vehicle registration fees AND the CA Franchise Tax Board mandated all businesses forward an additional 20% of due/projected tax payments to the first half of this year (FY2010 - which ends June 30th), from CA's next year's tax revenue (FY2011 starts July 1st) Crony accounting to "Steal from Peter to Pay Paul or in Bernie Madoff terms... a PONZI SCHEME.
On April 1, 2009 the State Sales increase took effect, which means that through March 31, 2009 revenues were under the old rate. The new rate increased the state's general BASE sales tax rate from 5% to 6% which is, in fact, a 20% rate increase. Comparing collections for the first 9 months of 2008-09 to 2009-10, the tax base - taxed sales - is 13% lower in this fiscal year so far. Yes, March collections appear to indicate a 2.7% increase in taxed sales over 2009, but March 2009 the economy was at a collapse and no one was spending and compared to March 2007 sales are still 23% lower.
So you have the state borrowing on bonds on top of bonds, delaying payments out, withholding more income taxes (increase of 10-20%) by the other hidden tax is the state of California QUIETLY removed the Child TAX CREDIT ($750 per child), which is basically another TAX INCREASE. How's that for the government looking out for the children? Ignorant taxpayers have to pay more or get less back and just can't figure out why. this is WHY I don't like TAX CREDITS... it hides the politicians playing this quiet game of taxing the people when they want.
So when California residents expeditiously filed their tax returns they lost quite a bit and gives the manipulators in the government, to create a Propaganda point on false data, to swallow; hook, line, & sinker.
Usual Government Manipulation and the dumbass news/media reporters that just funnel these political propaganda hot wires news to the people without questioning or investigating the so-called delivered facts which we know all too well, how government manipulates the numbers/statistics.
From the Devil himself... NY Federal Reserve President William Dudley @ the Economic Club lunch last Friday in New York. Watch the video... 50 minutes with Q&A.
http://www.c-spanvideo.org/program/292889-1
Dudley: "The FED FUNDS rate to remain at 0% because of the POOR STATE of the ECONOMY"
Yeah, the US Treasury report is an uptick, but it doesn't exceed the uptick in government spending. So there's the fallacy.
California State tax revenues show uptick
Check this California Government Scam: http://www.sacbee.com/2010/04/12/2671398/state-tax-revenues-show-uptick.html
First of all it's Tax Season and Californians are scrambling to their tax returns in for refunds before the state goes broke and files bankruptcy... so more revenue is for the state is generated.
What the article fails to mention: Revenues are up due to an overall 11% increase in the CA state sales tax. On top of that was a 100% increase in car/vehicle registration fees AND the CA Franchise Tax Board mandated all businesses forward an additional 20% of due/projected tax payments to the first half of this year (FY2010 - which ends June 30th), from CA's next year's tax revenue (FY2011 starts July 1st) Crony accounting to "Steal from Peter to Pay Paul or in Bernie Madoff terms... a PONZI SCHEME.
On April 1, 2009 the State Sales increase took effect, which means that through March 31, 2009 revenues were under the old rate. The new rate increased the state's general BASE sales tax rate from 5% to 6% which is, in fact, a 20% rate increase. Comparing collections for the first 9 months of 2008-09 to 2009-10, the tax base - taxed sales - is 13% lower in this fiscal year so far. Yes, March collections appear to indicate a 2.7% increase in taxed sales over 2009, but March 2009 the economy was at a collapse and no one was spending and compared to March 2007 sales are still 23% lower.
So you have the state borrowing on bonds on top of bonds, delaying payments out, withholding more income taxes (increase of 10-20%) by the other hidden tax is the state of California QUIETLY removed the Child TAX CREDIT ($750 per child), which is basically another TAX INCREASE. How's that for the government looking out for the children? Ignorant taxpayers have to pay more or get less back and just can't figure out why. this is WHY I don't like TAX CREDITS... it hides the politicians playing this quiet game of taxing the people when they want.
So when California residents expeditiously filed their tax returns they lost quite a bit and gives the manipulators in the government, to create a Propaganda point on false data, to swallow; hook, line, & sinker.
Usual Government Manipulation and the dumbass news/media reporters that just funnel these political propaganda hot wires news to the people without questioning or investigating the so-called delivered facts which we know all too well, how government manipulates the numbers/statistics.
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HOLLYWOOD
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- Joined
- Nov 29, 2007
- Messages
- 22,314
Here's the US Treasury's report I've snapshot 'REVENUES' of March for the past 3 years.
Just remember the Federal Government run portion of the economy of Trillions pumped in and now controls 50% of the private sector now... of course, Almost all Debt added to the National Pile aka On The People.
Just remember the Federal Government run portion of the economy of Trillions pumped in and now controls 50% of the private sector now... of course, Almost all Debt added to the National Pile aka On The People.
Last edited:
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