Re: Take DOW to 10,000, a reasonable level; reports of a major US bank failure now circulating.

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Re: Take DOW to 10,000, a reasonable level; reports of a major US bank failure now circulating. darkstar7646 08-22-2008
Posted by on August 22, 2008, 8:42 pm


On Aug 21, 4:09=A0am, aeron...@flight.net wrote:

> We've already seen how easy it is for the US Gov to shore up what
> folks call a "market"...On a whim, they can move it up 1K
> points...There's so much artificial liquidity in the system now that
> there's no turning back...As such, the most fraudulent investment
> mechanism in the free world will continue to be manipulated, and the
> real investor, hard working American's trickling money into 401K
> plans, will likely see another 7 years of ZERO RETURNS from this
> criminal fraud....

They won't be able to keep it up another 7 years. Once the major
banks start failing, they might not be able to keep it up another 7
hours.

That's why I'm not sure I can give the financial system of this
country 7 weeks. I mean, they can only print so much before the
entire system goes blooey. They've already passed the trillion-dollar
mark.

On top of that, one of four things is going to happen in the next 10
weeks:

Major bank failure and run on the banks
Assassination of a top-level US official (either Bush, Cheney, Obama,
or McCain -- my bet's Obama is a dead man walking)
War with Iran or Russia (or both)
or another state-sponsored terra attack.

The countdown to TEOTWAWKI starts Monday, right after the Olympic
fraud ends.

Mike

Posted by phil scott on August 23, 2008, 11:30 am


On Aug 22, 5:42=A0pm, darkstar7...@gmail.com wrote:
> On Aug 21, 4:09=A0am, aeron...@flight.net wrote:
>
> > We've already seen how easy it is for the US Gov to shore up what
> > folks call a "market"...On a whim, they can move it up 1K
> > points...There's so much artificial liquidity in the system now that
> > there's no turning back...As such, the most fraudulent investment
> > mechanism in the free world will continue to be manipulated, and the
> > real investor, hard working American's trickling money into 401K
> > plans, will likely see another 7 years of ZERO RETURNS from this
> > criminal fraud....
>
> They won't be able to keep it up another 7 years. =A0Once the major
> banks start failing, they might not be able to keep it up another 7
> hours.
>
> That's why I'm not sure I can give the financial system of this
> country 7 weeks. =A0I mean, they can only print so much before the
> entire system goes blooey. =A0They've already passed the trillion-dollar
> mark.
>
> On top of that, one of four things is going to happen in the next 10
> weeks:
>
> Major bank failure and run on the banks
> Assassination of a top-level US official (either Bush, Cheney, Obama,
> or McCain -- my bet's Obama is a dead man walking)
> War with Iran or Russia (or both)
> or another state-sponsored terra attack.
>
> The countdown to TEOTWAWKI starts Monday, right after the Olympic
> fraud ends.
>
> Mike

not a bad assessment imo

Phil scott

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