De-conditioning the partisan thought process…

May 8, 2009

I don’t like to talk politics, this is a trading site.  But we must discuss some things, and I look forward to any input from readers.  The so called conservatives today are up in arms about government spending, throwing tea parties and having a fit.  To them I ask: where were you when gov’t tripled under G.W. Bush?!  Now that its the other side doing the ludicrous spending, they want to protest.  And without even debating the legitimacy of the spending on the most recent wars, realize that domestic spending also increased substantially during the last “conservative” tenure.  The truth is, it doesn’t matter who does the excessive deficit spending, it leads us to the same place.  Outlandish gov’t spending and careless monetary practices by the Federal Reserve got us into this mess.   Why people trust that it will get us out is beyond me.  We need to move past childish finger pointing; its not ok to sell our country to foreign creditors no matter which side is doing it.  Re-inflation seems inevitable at this point, the Federal Reserve ( a private entity I remind you) and our Federal govt have already put the policies in place.  I think that the only thing that is currently hindering the jump start in the cost of everything (inflation) is the timidity of the general populace.  They are doing what they should have been doing all along, saving and thinking about the future.  A rising stock market and a news media eager to exclaim that we have “turned a corner” could probably get the public’s spending juices flowing again.  I can’t say for sure that it will happen, but it would not surprise me if such was the case in the next year.  As for protesting and politics, stand up for the right thing, no matter who’s watch it is on.  De-conditioning the partisan though process is the first step towards realizing the hypocrisy of our system.  Ron Paul was the only candidate that would have been worth voting for, in my opinion.  The difference between Republicrats and Demublicans is a handful of social issues, fiscally they both are content to sell us down the river. 

2:33 AM

   

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Email: trader_pro_FW@yahoo.com AIM: Traderpro88
My analysis utilizes fractal analysis, Fibonacci cycles, Fibonacci expansions, Fibonacci retracements, Market sentiment, and Elliott Wave analysis. I am constantly looking for new methodologies and ideas. I watch US stocks and indexes primarily. I hope you enjoy the site.
Fractal charts are not usual Elliott progress labels. These charts are intended to depict general repeating randomness, if you will. I will post Elliott Wave counts as well as fractals.

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