Subject: | Only 30% of the "Investors" In the US Are Up for the Past 12 Months |
---|---|
Date: | Wed, 24 Mar 2010 04:11:54 -0700 |
From: | Jas Jain |
Only 30% of the "Investors" In the US Are Up for the Past 12 Months
This according to a Bloomberg survey of those who own bonds, Scams and Mutual Frauds. This is for a period when Scams were up 75%. So, I wonder what the 70% if the invesuckers, who lost money or are flat were doing. Could they be on the other side of the trades that scam artist Goldman Scams made billions in?
For my part, I am down for the past 12 months, naturally losing money on long-term puts on Scams, but I have great satisfaction is successfully strangling the scam artist GS (short naked calls and puts). However, since 09/05/06, a period during which Scams are flat (SPX is down and NDX is up, but for my mix Scams are flat), my portfolio of Scams and USTs is up 140%. I doubt that the 70% of the invesuckers can claim that. I bet these suckers are down for the past 3.5 years. Born-and-bred American dopes have not yet figured out that the old stock market (their grandfather's stock market) was turned into the Scam Market during the 1990s. Even Buffett has embraced the Scam. Buffett dopes beware.
The same dopes are in denial of the fact that their beloved Constitution is a worthless piece of paper today. Where in the Constitution does it say that the US government would try to stop housing prices from falling by insuring bad mortgages that encourage outright fraud while doing nothing to stop housing prices from doubling as a result of bad mortgages, that also encouraged widespread fraud, by private bankrupters and fraudsters? We are dealing with a criminal financial enterprise supported, supposedly, by the US Constitution. America is full of what I call Constitution dopes with blind faith. Men who wrote the Constitution were different men! Any Constitution is only as good as the people who defend it. Now, agents of the bankrupters and fraudsters, e.g., Barney Frank, are in-charge of defending the Constitution.
No comments:
Post a Comment