Posted by
The INFORMER (Cokie907@yahoo.com) on Monday, March 02, 2009 12:11:31 PM
As predicted here over and over, the stock market is imploding. I recommended weeks ago that you folks go to youtube and watch the videos by Gerald Celente from Trends Research, Inc. Celente has said that the DOW index could go back to levels not seen since the late 1980's. He also has plenty to say about the next coming implosion: commercial real estate. Check him out.
I've said before that I welcome this economic pain for America. No, not because I'm some sadist nut but I realize that pain wakes people up, plain and simple. We live in a nation today of ignorant, disconnected, apathetic fools and nothing proves this more than the election of Barck Hussein Obama as president. How fitting that the same fools who elected this MARXIST DEMAGOGUE will now pay the price for his policies. Obama has made it clear that his target is the wealthiest in America and as the wealthy stop investing, stop creating jobs and stop spending money, the economy is in free-fall.
This economic free-fall is being seen firsthand on Wall Street as investors flee in droves. Keep in mind that the stock market leads actual economic results by six months or more. Obama policies have done in just a few weeks what the events of 9/11 couldn't do, bring about an economic implosion of frightening proportions. The voters got what they wanted and now they must pay the painful price as recession turns to depression and their jobs begin to disappear virtually overnight. "Forgive them Father for they know not what they've done."