The World Has Not Ended

The world has not ended. However, we are watching a market that yesterday went to 10,409 as a bottom, and 11,116 as a top in ONE day. The October 560C was profitable for all, selling to highs of 18.00.

Although I have missed put trades for us this week in this downturn, we've still been profitable on each and every signal.

What is happening you will read endless babble from analysts (most of whom are now out of a job), and the news will inundate you with false facts.

It's simple. Greenspan's Reaganomics, supply side "let it happen" free enterprise methodology has built a continuum of bubbles and allowed a Wall Street banking game to never end. There have been no regulations, and our free enterprise system is NOT free enterprise, but a game ridden with false financials, and which lobbyists can get the most with their Democrats or Republicans in Congress. And....it has all come falling down.

Read carefully: CREDIT CARD DEBT is NEXT, as each bank has falsified their exposure risk, just as each bank and brokerage falsified this same risk with mortgages.

Our own government falsifies our unemployment facts, and our debt. And the Republicans tell us that they will not raise our taxes. Sigh. Why do we continue to fall for tricks that affect us so, and why do we not learn?

From a Level 3 Subscriber, AG:

This year I have become so emotionally involved with what I see happening to this country that I have a very hard time connecting with my family of origin. I have realized how different I am from them in my ideals. It is sad but also I think refreshing to finally stop trying to fit a round soul into a square hole. I would gladly pay higher taxes to help keep America rue to the ideals under it was founded. But I think for many the pocket change that is dangled in front of their eyes in the form of taxes is enough distract them as their banks, morals and future of their children and for that matter this beautiful earth is pillaged. I don't know why even "educated" people fall for such obvious tricks. But you know I am finally starting to accept that they will have to live with their decisions and as much as I love them I cannot force their eyes open.

One acre of farmland in Iowa can earn $1200.00 an acre growing ethanol corn, and $40,000 an acre with a wind turbine.

Our government supported ethanol production, raising the price of our food. Want to know what lobbyists did this?

Using McCain public speeches the estimated cost of McCain's tax policies will be $7,000,000,000,000. It's a bit better, however, when analyzing what he write in his campaign, not as grandiose as the speeches, and he'll spend only 4,200,000,000,000.00

President Bush pays his "fact checker" $60,000.00 a year. I hope we pay the next President's fact checker a bit more, and have him not work for the President.

McCain has increased his donation base 3 to 4 after he endorsed offshore drilling in June.

It is critical as we read "mavericks for change" that we make sure WHOMEVER we elect is NOT part of the system. If they are, it's more of the same silliness, and with McCain, ongoing war. Where does the money stop?