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2ysur2ysub says: "I think its Greenspan who..." on Blunt News "Thank You and Critiquing Dr. Alan Greenspan"
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Blunt News "Thank you"
I want to send a message to everyone who has been following my posts, I appreciate it.
I started three years ago with a vision,to educate people that the Black and Latino Middle class were targets of fraudalent loans of the sub prime mortgage industry. These loans were then securitized, or put on the global markets, and sold with the knowledge that once these loans failed, the US Treasury Department, (the US government), would then back these fraudalent loans.
They would push austerity measures.
What are austerity measures?
Cuts in MediCaid, MediCare, Social Security, the raising of the age of retirement, cuts in food programs, education (but targeting Black and Latino schools first because of a lower tax bracket) and cuts in fire fighting and police departments. Last week Bank of America (Bofa) was found guilty
BofA, BNY Mellon revive jurisdiction issue in $8.5 billion settlementTuesday, December 27th, 2011 Bank of America (BAC: 5.285 -3.56%) and The Bank of New York Mellon (BK: 19.58 -2.00%) may still get the court venue of their choice as the firms fight investors over an $8.5 billion residential mortgage-backed securities settlement.
The U.S. Court of Appeals for the 2nd Circuit upheld Bank of America's motion to appeal a lower court decision that denied the banks' their motion to move the litigation to state court from federal court.
The case in question was originally filed by investors of soured Countrywide Financial mortgages and MBS.
This means that if you purchased a home, and it was through a fraudalent loan, you may be able to get some of your money back.
I have tried to prove this for 3 years, that we were targeted.
It is time we target those who targeted us.
I will be teaching how to make money from shorting the US dollar next week.
I apologize for not posting more, an IT repair shop took my computer.
Thank you PrinceNova.
Thank you BlackPlanet.com
Lets start taking back what was stolen from us-
Blunt News "SPXU: Investing in Crashing Markets"
With inverse ETFs, it is simpler to invest in the bear markets that we are presently in. I have been trying to prove that prove bear markets can be timed, and I called for a gap down of 150 pts of the Dow Jones today because of Spanish and Italian debt yields. I was wrong, not counting on the Italy pushing austerity measures.
On these gap ups of the markets, investors have an opportunity to buy inverse ETF's at a cheap price. I own DXD, but another that you can make some Christmas cash from crashing the markets is SPXU.
SPXU opened at a $13.21, a 5 year low. This month Greece and Spain are going to the IMF, ( financed 17% by US taxpayers), is going to ask for more money. I'm looking forward to the EUR / USD below 1.20 by the middle of February. I don't see the IMF doing anything on Friday, and have to wait until the G-20 meets and coordinates a global QE push similar to what happened in 2008.
This global QE push will accelerate global unemployment, causing regime change not only in Germany, France, and the UK, but the US as well.
Put all this together, and SPXU is looking like a good investment.
Resistance lines for SPXU:
$13.09, $19.24, $26.35, $39.33, $58.40, $86.01
Proving Tranche Theory
Blunt News "Proving Tranche Theory"
I did not see the Chinese,European, and Federal Reserve to loosen lending as a good thing - it was a move to prepare for a global push of global QE in February when the G-20 meets again.
I am waiting for the BRIC nations to buy European debt, and notice how ironic it will be. After centuries of Imperialism, the West is going to turn to the very countries it has raped economically, to bail it out of bad debts.
Then the West will return the favor, by shorting the BRICs because they will own Western toxic debt.
If the BRICs refuse, they will be punished as well.
The Dow is repeating patterns of September 2008 and March 22, 2010. I have been stating that bear markets can be timed - I'm proving it.
I bought DXD on the rally yesterday
The markets will be sideways, but they will drop -
and I'll have a good Christmas.
Yo Hago Golazos
Blunt News "Investing in the War with Iran"
Featured Music: Jadakiss
I have been discussing that the war with Iran was inevitable, especially if the President was going to attempt to keep power. The war with Iran was becoming a possibility at the end of the 2008/ President Bush era.
So, how can you make money from it?
In February 2012, the Euro should correct completely, and the EUR USD will be at a range between 1.16 to 1.19. That will make military stocks plummet, along with forced budget cuts.
Who to buy?
And at what price?
These are only a few examples. Please review my posts on Blackplanet.com and charts on Facebook.com
Global QE pushed by G-20 in February or March will make these stocks double or triple in value by November 2012.
There is no money in Peace