Friday, June 29, 2012


                   EU Summit – German Taxpayers Gunned Down

What a difference a day makes. Make no mistake, the release of Germany caving agreeing to fresh new German taxpayer money for the PIGS was quite purposefully made during the most quiet hours of the trading day. Seriously, who is watching their trading screen at that hour?

Oh well, EURJPY 50 pip range one day 300 the next; the ripfest continues on a Friday with utter abandon. The algorithm gave only sell signals today, of which I ignored completely. Why? It’s Friday and the probability for squeeze damage is very high. The algo doesn’t read the news, and it doesn’t know it’s Friday either.

There is a giant part of me that is still dealing with the implications of yesterday’s horribly Anti-American Supreme court ruling. Do you fully realize the ramifications of what Chief Asshat John Roberts has done? I’m not at all sure most people do. It means government can make rules regarding your behavior, tax it and punish you for not doing it; there are no limits now to what government can do to individuals.

I hope most of you are preparing to leave Amerika. I hope you are getting your ducks lined up and your affairs settled. What happened yesterday is theft of individual liberty and freedom and it’s only going to get worse. If you can’t see it for what it is, then you are delusional and no better than the Jews who stayed around Nazi Germany in the early 1930’s and pretended nothing bad would happen to them.

Amerika has forever turned the corner, and it is not a good thing. The unlimited universe of activity [or un-activity] that the Government will now tax has no bounds. If you have assets in this country, I would get them out of here as fast as possible; you are now officially a target with a great big red bulls eye on your back.

I can’t bring myself up to the level of a chuckle today. This is serious, and most people are worried what to have at the 4th barbecue coming up. Like most everything, the sheeple of Amerika think nothing bad can ever happen; but it will and it officially started yesterday.

Have a good weekend everyone.


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