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~~~ ~ January 2009 News Stories  -   And the Bull flows freely ~ ~~~

Obviously the markets of the world enter a Bear market and buying other peoples failed efforts will be rampant in the year 2009. Even those in the know don’t really know what is happening but perhaps it could be related to the reputed $60 trillion in so-called ’derivatives’ or the associated ’hedge funds’ that were created out of whole cloth and have questionable value and no agency that oversees their creation. These instruments have been purchased worldwide at the expense of the worlds basic infrastructure, such as pensions and medicare and are now busily destroying the savings of the average person as they come due. As things worsen so goes the value of all paper including and especially that which was conceived of pure corporate greed, namely almost all of today’s financial chicanery.

My predictions are based on the belief that there is no way out of this global meltdown since it is predicated on the premise that money is used to base all the decisions of humanity on and trying to do so will eventually lead to catastrophe and that is coming true slowly but surely. If bankers and investors were subservient to the rule of law and legislature, which they aren’t, then we might have a chance but as things stand even the atmosphere of this planet is endangered by the greed that moneyism engenders. The Richest among us do nothing to justify their existence and spend full time stealing from the wealthy who in turn must steal from those that actually work and on it goes. We will see many ups and downs before 2012 when all this should be finally settled but mostly there will be only new lows.

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