Wednesday, June 15, 2011

BEN WE NEED QE4


Forget QE3. I want to go straight to QE4. This is a serious market decline and WE need help now. How do we pay bonuses this year if you don't turn this market around. Not only that, but what about all the work you have done to create this "Faux Recovery". Its not going to be long before all the pundits that were praising your monetization of the debt will be saying they knew all along it wouldn't work. Once that begins then you will have a loss of the all important CONfidence of the peeps. The loss of CONfidence is ultimately what will sink the country into all out deflation and that is what they are trying to kick down the road a little further. They know its coming but they will pull out all stops to kick it to 2012.

We are getting our 3-6% intra-day moves soon as we build some fear into this market. Trading this will become very difficult to put it mildly. As Red has said only a few fleet of foot day traders will be able to withstand the volatility and the absolute deception that will be built into the next market moves.

We are still looking for a bottom in the miners. We'll see how they handle the low touched two days ago just below 500 in the $HUI. This should happen today. If it bounces off this area again then we could see a real nice multiday move. BE CAREFUL. I am not sanguine about this market.

China is starting to break down in its social order as we import our inflation/stagflation. This will not end well if China starts on fire. gl all

Courage is resistance to fear, mastery of fear, not absence of fear.
Mark Twain

92 comments:

  1. Kli,

    Interview with John Embry, Chief Investment Strategist of Sprott Asset Management.

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/13_Embry_-_System_Wide_Melt_Down_as_US_to_Enter_Hyperinflation.html

    Carol

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  2. It is interesting to me that a Fledgling Pharma stock under $9 like SPPI announces a 25 million dollar buy back...I mean I am glad since I own the stock but I just have to say HUM!!!!

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  3. DJ,

    What was the price at the open for RITT yesterday and where it is now, that's explosion!

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  4. Let me guess kli, you missed RITT, no deflation for RITT since market opened yesterday, heheeeeee!

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  5. Palmer Joe yea that is...I wish I KNEW YESTERDAY...LOL...SPPI baffles me cause usually stock buybacks come from the big boys...ANY WAY...PANDORA IPO....LOOKS LIKE A BUST...LOL....RITT over bought now....to late for me.....

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  6. ORS turned out to be a 7 bagger in few days and RITT a 4 bagger since yesterday.

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  7. DJ,

    Brian ( minivanguy) posted it yesterday and when he posted it the price was around 7, so you knew yesterday but chose not to get in which is fine.

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  8. RITT double topped from 09 highs.....

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  9. Looks like LDK rose right up to resistance at its 20 day ema and then stopped.
    Come on,...break through.

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  10. No I did not know I missed the post..But I did know about ORS..But great call Brian....I need to read all the post...Cause I am here to make $$$$$....and do need sht hits like that...

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  11. gpl moving like gang busters....disclosure own none...

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  12. Brian,

    Pay attention to MTSL, it has gained 0.40 in couple of days, the overall float is only 1M and outstanding shares are very low which means any strength in buying explodes it, it's an Israeli company. DJ, the reason I just reminded you today about why you missed RITT or other low float stocks is because of the fact that you did mention you are here to make money. What you need to do is block all the other crap kli is talking about here and focus on catching the stocks to make $$$$$$$$ which is why you are here and by the way I like your honesty. All the other stuff is NOISE and something that little guy has no control over, so be practical which I know you are and focus on making money.

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  13. llen making noise, scei short squeeze is nice...

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  14. Joe, I am a salesman and am all about the all might dollar, Chuck can verify that one. However I do have to respect Kli because he keeps us all in touch with the bigger picture. Now back to you Joe....remember the quote in Jerry Mcquire..."help me help you?" Or was it "show me the money"...............hahahahaha

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  15. Took profits in RITT out at 11.95.....

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  16. Chuck,

    By little guy I am comparing you guys to powerful from money perspective & control, and when it comes to that you are little, that does not mean you are a less of human being, that has to do with virtue, by little I mean money and power not virtue. The subject here is MONEY and purely that and the only reason people buy and sell stocks, it's measured on how much people make or lose, that's it.

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  17. Chuck....I know you like the China stocks so here ya go buddy NFEC......

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  18. Brian,

    I like you because your main focus when it comes to market is there. Stock market is about MONEY and nothing else, so folks do not bring virtue into it since market has nothing to do with virtue. I repeat again, if you decide to enter the market, that means only one thing and do not lie to yourselves.

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  19. Joe, don't get testy...I'll add snark after comment next time.....I was joking...I understood the content...

    Brian-I thought you were a order taker? Salesman?
    NFEC made some kind of move...looks like GS is done knocking down china stocks and is now going to follow thru with its 2nd half china move forecast....

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  20. Brian,

    All the crap Kli is talking about are issues you guys should have known, it's too late to come back yrs later and talk about virtue when the whole system has nothing to do with it. The real virtuos person completely stays away from market, but people want to have the cake and eat it, it does not work that way, can not complain about corruption and at the same time be a willing participant. Either stay in the market which means focus on making money or out and talk about what's wrong and how as individual you are fighting corruption, otherwise talk is cheap and it's called hypocricy.

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  21. Chuck.. you and I are not buddy's after you told me about the RPC stock...Cant believe I listened to you.What a "big talker"

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  22. Brian, I remember that discussion when you came into office with food...tricked me with stomach relief as you ment'd some cheap RPC company...I thought it was roadway express or something..if it wasn't for that food diversion my pockets would be much fuller....

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  23. I think Sean made some good money on GPL...

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  24. Chuck....LLEN finally out of the depths of hell and making a comeback.....

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  25. Was somebody that will remain nameless involved in this????
    http://www.bizjournals.com/southflorida/news/2011/06/14/amex-ivax-diagnostics-trading-activity.html?ana=yfcpc

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  26. Brian,

    You are a very good stock picker, I hit kli because him and I are friends and he can take it. Find those small cap low float/outstanding shares stocks.

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  27. Joe,
    I live by the motto "its never personal, just business!"
    I have enough friends but not enough money. I feel that everyone one this board should put our heads and ideas together, go full throttle on several trades, make our money and then all meet for dinner at Atlantis in the Bahamas...

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  28. on the run gang hope you're enjoying your gyros today......i am

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  29. Brian,

    What do you think of IVD? Seems like the shareholders approved the sales of shares to the German Company.

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  30. Joe,
    I am waiting for the next couple days to play out. Not a big fan when companys are up for sale. I got burned in a few transactions before however this one does look interesting. Might play a bounce Friday/Monday early.
    http://www.stockta.com/cgi-bin/analysis.pl?symb=IVD&num1=5&cobrand=&mode=stock

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  31. Hui holding thus far, thanks kli...not playing with you smart guys, making no money...

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  32. Nancy,

    Stay away from the market, you have enough to focus on needs rather than want, even if market goes up, please stay away, between pension, social security and your savings you should be fine if you stay honest with yourself and cut down on your wants, with what you have your needs would be met rest of your life and if you continue to do otherwise then your darkside has won. You are too nice of a lady to give in to temptation. Just because I am a piece of crap does not mean you should follow, be a winner and do it right.

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  33. LDK is taking another crack at resistance at the 20 day ema.

    Joe, you are not "a piece of crap".
    The world is corrupt, does that mean we should not live in it??

    Bill

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  34. Bill,

    I am a piece of crap and I will not lie to myself about it, I know what's good and right, just do not have the moral convictions to defeat my darkside, at least I won't lie to myself about it either. Can't serve two masters, remember and I am not even a religious man but that statement is correct regardless of where it comes from. Good is about sacrifices and selflessness and I am not going to twist the facts to go into denial or make myself feel better.

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  35. Joe,
    ORS going to the woodshed soon? Playing on the dips....

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  36. Bill,

    The world is corrupt but as human beings we have a CHOICE to stay away from corruption, fight it, or give in and be part of it, choices means no EXCUSES, which is why I admit I do not have the moral conviction required to defeat the darkside of my nature and pursuing money is part of that darkness eventhough it's done in legal way. I like people like myself but do not respect them, huge difference between liking some one because they remind you of yourself vs respecting them. I only respect GOOD and humans are so good at twisting what's bad in order to justify their action.

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  37. Joe,
    All the crap kli talks about we should have known....... How could that be possible 10 years back? No internet, no bloggers, no truth, couldn't learn it in school, MSM ect... unless you had some one on the inside schooling most had no idea including myself. Now some folks are waking up and yes way too late, but better late then never.

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  38. Tom,

    You are making excuses, the truth has always been around you, do not need internet or bloggers, it goes back to what I just said, humans are so good at bringing excuses to convince themselves they did not know. All you had to do was using common sense and you would have known. You refused to know since you saw no reason to know before not that you did not have the capability to know, do not lie to yourself.

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  39. Joe,
    Not to offend you nor would I but let me reel ya back in here buddy.....You, me and everyone on this board needs to make some cash in the s%$tty market....Regroup buddy...On a serious note...give me your thoughts on the Groupon IPO that is going to come out soon. I want to drop a bunch on the first 2 hrs of trading a then get out. Are ya in?

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  40. Joe,
    Crap? How so? You take the time to share your experience, you educate people and make them think by your questioning and incite. That's not virtuous? Look what you just said to Sis, a piece of crap would care less..... just my thoughts.

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  41. their is a crappy stock that could accelerate more into close or tomm. based on action this week in the same sector...

    scei...I ment'd yesterday or day before...I forget..

    Lawyers sure make money on crappy affairs...

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  42. Tom,

    The following clears it out for you as Al explains why in his life he did not do the right thing:

    http://www.youtube.com/watch?v=dH4p9BQ3V9o

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  43. Joe,
    No excuses just a point that its far easier to find the truth today then it was 10 years ago. You are correct I was not looking for it! It has been quite the re-education the past 5 years and the Brady link post a few days back really made me fell stupid and sick at the same time.....

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  44. Sorry Mini didn't mean to distract from the days festivities just on a break.........

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  45. Brian,

    My focus is on the stock market here but at the same time due to what kli posts and explains, just want to make sure none of you lie to yourselves about right and wrong, as I said before I like you a lot, you remind me of myself.

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  46. Brian,

    Short ORS at 7 and have not covered yet.

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  47. Damn Joe ya got me here...I dont know what to say but thank you very much. I am honored.
    Ya know a wise man told me when I came across this board to watch/learn from you and so far so good. I just need to now learn how to get out the meat cleaver and go to town. If that happened then I might outta control and very dangerous....lol...

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  48. ORS....done sir...radar locked and loaded...

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  49. Brian,

    I refuse to lie to myself and to you especially on this board, I do not care if what I say is hurtful to one's ego or not, want to make sure TRUTH is spoken regardless of whether people like to hear it or not.

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  50. Joe,
    Ever ya want to chat off the record hit me up at my gmail account. Getting outta here for today ladies and gents....see ya in the AM....

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  51. Joe,

    My argument is that there is no reason to "Defeat" the evil that is contained within ourselves or the world. Evil was created and is part of us--trying to defeat it is futile. Instead, I have learned to accept the evil within me and choose not to express it. There has been evil in the world since the dawn of time and it will always be there.
    You have developed talents, and if you are using them honestly, I do not see what is wrong in using them.

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  52. Bill,

    What you just mentioned is very INTELLIGENT, how ever can not defeat evil within using your intelligence as I said before, it hyas lot more intelligence than you and the fact that it has convinced you to accept it within yourself shows how much cunning power it has. Only thru AWARENESS which means eventhough evil will always have and should have a role to play otherwise we did not have capability to choose ( good vs bad) one can defeat the evil within themselves. Societies as a whole will never be able to defeat evil but individual human beings can, have done it and will continue to do it. What you just mentioned above is one of the best tricks evil pulls on humans, convincing them that no way we can defeat our own evil, therfore let's go along with it, hehheeeeeee!
    Trying to fish HONESTLY in the river of infested does not make it right. What the dark side tries to convince most is that natural instinct is it and therfore nothing wrong to go along with it, it leaves an important detail out to keep us confused and slave, and that detail is CHOICE means natural instinct + capability to go against that instinct and therfore it means no excuses and have to accept responsibility.

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  53. Let me give you guys an example of how individuals can defeat their evil, true story. About 6 months ago a special ED teacher in his 40s married with two kids was walking in the main street of a large city with his wife and noticed a 7 yr old girl was stranded in the middle of the street and a bus going fast was approaching and apparently when the bus turned, the driver could not see the girl. The man right away turned to his wife and said, " All death is certain, life is about choices, there is no way I can save the girl and myself, may be I can save her and that's quite all right with me", smiled at his wife and jumped into the street, pushed the girl and got crushed himself by the impact of the bus. He knew very well the decision would cost him his life without a shadow of doubt and obviously the natural instinct which is self-preservation would have stopped him from going in knowing 100% that would mean his death but he CHOSE to go against natural instinct. This example obviously shows the ultimate sacrifice but it goes back to what I said before, sacrifice and selflessness is not NATURAL but due to concept of choice which means we also have the capability to go against our natural instinct, that humanh being became SUPERIOR, all death is certain any way so winning and losing can not be determoined based on that, it's whether one choses to rise above animalistic instincts determines winning or losing at the end.

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  54. By the way, lots of other people in the street noticed what that man noticed as well BUT he was the only one who jumped into the traffic to save the stranger's life which cost him his own life.

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  55. Get busy living or get busy dying...

    Everyone dies but not everyone lives...

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  56. Chuck,

    No argument about your statement!

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  57. The hardest things to do in life is the right thing and a wise man once said," All it takes for EVIL to win is for human beings to watch and do NOTHING". My Son always tells me that most humans are VIRUS because not only they have given to their own evil, they also justify it and go along with it and only when their time of death comes due to cancer, disease, or other causes, they realize what they chased most of their lives was TEMPORARY, heheeeeeee!

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  58. Joe,
    I highly doubt I am going to change your mind on this and I suppose you will feel I am a hopeless cause, but,...I really don't believe I am being tricked. Good & Evil must co-exist, that is simply the way our world was built. Perhaps we are tripping up on the word "Evil", it may look upon it differently than you.

    Here's an example--independent of mankind.
    When Mount St. Helen blew, thousands of animal were instantly killed as well as plant life (some humans too). This could be looked upon as "Evil". Yet, after the destruction, new animals & plants emerged and thrived upon the new landscape--"Good". What was "Evil" for some was "Good" for others.

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  59. Bill,

    I completely agree that Good & Evil must co-exist, that's not what I am arguing, and I explained it as well, what I am trying to explain is that good & evil creates the capability to CHOOSE in which otherwise would not be possible. You, your family, children, etc were born with capability to CHOOSE which means both good and evil need to be present otherwise nothing to choose from. What a good parent tries to do with their children is try to ADMINISTER the existing choices within a human being which means we try to tell our children to take the right path rather than wrong path but the right and wrong is already there, what I am arguing is that these two concepts move in opposite directions and humans choose ultimately one or the other. The evil itself exists within each one of us therfore no one can defeat the EVIL within all human beings but that does not mean you are not capable of defeating your biggest struggle of all which is defeating your own evil and my point is PROVEN as well and does not need proof since in daily life you meet or hear normal human beings achieving extraordinary acts of good, sacrifice, and selflessness. Look at Ghandi, Mother Thresa, the example of average person I mentioned in prior post . If you fail to defeat your own evil is not because you could not defeat it, it's because you CHOSE not to.

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  60. Joe,

    Point taken...... "Too damn hard!"

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  61. Bill,

    Let me make it more clear, CHOICE means as a human being you have the capability to choose between two different concept and accept the consequences of that choice. Defeating evil within one's nature is not the matter of capability or lack of it, it's the matter of choice. The reason evil has power is because it's easy and tempting, what easier than you giving in to your animalistic instincts, the consequences are a different matter. Choosing good is not easy because it requires actions and sacrifices that are not easy. There is a huge difference between not having a capability to choose vs not choosing something hard because it's hard.

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  62. Tom,

    right, " Too Damn Hard" does not mean lack of capability, it means choosing not to and that's why Al said what he said. I have two cats, all they have is their natural instinct, therfore concept of choice and responsibility does not apply to them. If my cats are hungry and thirsty and of course healthy, it's impossible for them to refuse their favorite meal or drink water when I put it down for them , you and me on the other hand can decide to fast for whatever reason and refuse water and our favorite meal at certain point eventhough it's unnatural not to eat or drink when we are hungry/thirsty, why, because of capability to CHOOSE and along with that comes responsibility. We can choose to be just an animal or we can try to exercise our capability to go against that. To defeat evil which is part of capability to choose it requires sacrifices and selflessness which only humans are capable of. We are programmed to act and behave certain ways due to environment, training,,etc but we also have the capability to go against it which would not have been possible without capability to CHOOSE.

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  63. By the way one of the reasons in the western world people do not do what I said is because of selfish and individualistic concept, the mistake most people in the west make is they have fallen into illusion that GREED, materialism,,etc is not only natural but also GOOD. I'll bet most of you that if you speak to other cultures including eastern culture , what I said is not only accepted because it's a fact but also due toone's life circumstances, it's a way of life. We in the west think what Ghandi physically put himself thru is just crazy, but to him and those who understood what he was doing, he simply thru actual practice tried to show human beings how they can go against their main animalistic nature in order to become FREE from slavery. You can not defeat a human being like him because what you and I are slave to does not apply to him, he became free and that's how one truely defeats their own evil.

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  64. Most of the readers have chosen to try and take as much from the cave of wealth and death as possible. If the blog wasn't throwing out bones from the cave of wealth nobody would be here, you told me that before. Not much fruit left in the trading trees, so you must reach deeper into the darker reaches of the tree if you want something fresh and succulent.

    I know I will succumb eventually to another trade but cannot afford it at the time, since I am dealing with too many people and the darkness is not easily balanced or contained in the trading arena, it can take a greater hold of your daily life.

    Joe is what he is and willing to admit it. But there are other players who are also very skilled, darker and hungrier fighting for scraps in the ever diminishing rigged casino. Do you want to play nonstop with them or wait until a better opportunity when they are satiated or wiped out.

    On the hourly, small bounce before the puke set up continues on the daily.

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  65. The problem with most human beings is not the lack of intelligence, it's the lack of AWARENESS. Once you lose your awareness, you are nothing but a slave and mainly slave of your own darkness. I understand very well why you guys do what you do because I have the same darkside you have, the difference is I know that puppy very very well.

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  66. Red,

    You might not be aware of it or perhaps you are, one of the reasons you quickly put 2&2 together and your level of awareness is high is because of your background and by that I mean being from vietnamese background and knowing what happened and also the eastern background. It's much harder for those who are born and raised here and have not had the opportunity, desire, or chance to think and analyze differently than the environment, school, peer, and overall society training. It goes back to downside of power, comfort, and sense of complacancy and entitlement. I am sure you pick up people's thought process and why they think the way they do fast.

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  67. Red,

    Your statements are correct, you still remember I mentioned the main reason most are here because they want to know what's in it for them and that means $$$$$$$$$, you know it, I know it, and kli knows it as well. The main religion in this country is $$$$$$$$$$, never ending desire for WANT. The concept of need only is a foriegn concept to most. The problem with that as time goes by is that what most worshiped in action won't serve them anymore which is the other side of the coin and consequences of sense of entitlement, they will learn when the time comes and music stops. As a White American not only I see the picture here but also the rest of the world.

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  68. Joe,

    Gotta run but I think I now understand why you called yourself a "piece of crap" now, using Ghandi as a unit of measure please allow me to join you and say "Hi my name is Tom and I'm a piece of crap too" will check back later

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  69. Joe - I have what I want. I need peace, serenity, calmness and as few hassles as possible in life. I need to stay mentally alert. My needs have little to do with money but, but not having a little can distract you from pursuing your needs.

    Am I AWARE? I am AWARE enough to know for example when you feel lonely and think I should have somebody in my life the baggage that accompanies any relationship. That could intrude on my needs. So I forget that idea. Of course, that is just one example of my AWARENESS.

    As to good/evil or people's dark sides etc - nothing there you don't learn as a child growing up in a good ole Southern Baptist church. Problem is they repeat it over and over and you learn to tune them out after a time.

    Maybe it is just me - I slept my way to staight "A"s thru high school because teachers tend to tell you what they are going to tell you, then they tell you, and then they tell you what they have just told you. Well, part 2 and 3 seemed a waste of my time so I slept.

    I apologize if I fall asleep thru some of your posts - old habits are hard to break. hehehe

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  70. Tom,

    Nice try but No, I did not use Ghandi as a unit of measurement for myself or others since realistically I am aware that very few can achieve the level of freedom Ghandi achieved. I mentioned Ghandi mainly to respond to Bill and prove to him that human beings are very capable of defeating their own evil. If I want to compare myself to Ghandi then I am not a piece of crap, I am even worse than that. You do not have to compare yourself to Ghandi, compare yourself to those average people in this country who have done their best for many yrs to focus on the needs of others and have truely lived a simple ( no twisting on what simple life means, a rational human being knows what simple means) life with tremendous amount of focus in helping the less fortunate members of our society. These are the people that did not give in to borrow & spend and constantly thinking about materialistic agenda. We do not have to go outside of our borders to find those people, in compare to those of course I am a piece of crap. The people I am refering to will never say, evil within can not be defeated and they also are very aware how the life style you enjoyed all these yrs came to frution, they are not under any illusion.

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  71. Inlet,

    believe it or not I know some about you and the conversation I mainly had to respond to Tom, and Bill does not really apply to you. As an American, I am aware that they are people in this country who truely try to do it right.

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  72. Joe,
    I have not read much of Ghandi, so I really don't know what his concepts of Good & Evil were.
    I have heard though that Mother Thersa went to confession every day. Now, why would such a person as her need to go to daily confession? Perhaps it was her struggle with evil.
    I very much agree with your thoughts on "Choice" and "Awareness". It is true that many people and especially Westerners are not aware.
    Long before I stumbled upon Kliguy's blog and Phil Davis for that matter, I knew something was terribly wrong with the world but couldn't quite figure it out. I was determined to discover the "root" of the problem. Imagine my suprise when I learned that I was one of the roots. Now, I am trying to fix my small part of the world the best I can.
    Have a good evening everyone.

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  73. Inlet,

    By the way, in regard to Good/evil, not even once I used religion and there is a reason for that, organized religions are mainly used as form of business and control of masses not because of good vs evil, mostly due to the nature of hypocricy behind it. I am not religious, but having said that, that does not disregard the existance of good/evil within our nature and what drives us. Non-religious people and folks who does not believe in God agree with the existance of good/ evil within humans, and the concept of ethics, and morality. As a matter of fact most ethical people I have met in my life who fight evil within their own nature happen to be either aetheists or agnostics. Religion in this country especially is a cafeteria religion anyway. The reason I mentioned Mother Thresa was not because she was catholic, I care less whether she was religious or not, it's the path of humanity and dedication to less fortunate which makes her good in my book.

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  74. Finally got on, wow!!! So for someone who said a week or so ago lets just concentrate on why we are here, quite the discussion going on...I love it.

    First the movie references...Get busy living or get busy dying...Shawshank redemption. Kind of appropriate...nice and fantastic movie.

    The ending to a fav (but vapid) movie of mine, Tears of the Sun has the quote Joe mentioned, the movie states it as:

    "The only thing necessary for the triumph of evil is for good men to do nothing".

    Attributed to Burke, but probably incorrectly. The sentiment is something that always struck a chord with me. It is something I get in trouble for at times by not just going along with the crowd and not ignoring comments I believe are wrong.

    Only reason on chiming in is because I believe in good and evil and I believe in morals and I am a devout atheist. I always felt these are not mutually exclusive beliefs.

    My paternal grandmother said her rosaries and confessed every day so I wouldn't read too much into it. Not quite the practice of self-flagellation.

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  75. Joe,

    when you grow up with 6 brothers an 4 sisters you learn the difference between wants and needs. Especially when your father is a non-union coal miner not making a lot of money. Fortunately we had some acres and raised a large percentage of our food. Those lessons have served me well I believe - "debt" was a four letter word to my dad.

    More than half of my brothers and sisters (those who wanted it) found a way to go to a college. I don't mean to infer I am in any way perfect, but I believe the values I learned growing up have guided me. We were taught to treat others as we would want to be treated. Not a bad rule to live by.

    Unfortunately in time I became AWARE others had not learned that lesson. So yeah, there were times I got taken advantage of. I know for a fact that some of those who took advantage found someone even more duplicit - and the screw turned. Eventually the deceivers seemed to find each other (and many of them spend a lifetime of deceiving each other). One shake's their head and ask themself - how can people live this way? I have no answer to that question.

    Yeah I still have challenges. A 26 year old disabled daughter. How do I insure her future? I can't totally, but you do what you can, without selling your soul for $$$$.

    One has to keep their values right no matter what the challenge. So I have no debt, more income than needed to meet my needs. I address that challenge a little each and every month....
    Of course, that may all be for naught (who knows?) if things get as bad as they potentially could.

    One needs peace, serenity, calmness and a sense of purpose to focus on such a long term challenge. The market is a crap shoot and I can not afford to risk too much in a crap shoot.

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  76. Homer,

    What I said about focusing why we are here still stands buddy, as a matter of fact I was waiting for you to respond by mentioning what I said, heheeee!

    The reason this subject was discussed is mainly because eventhough the focus is stock market and making money, I wanted to make sure recent people who have not been with this blog do not lie to themselves about what's GOOD and do not get the impression that I approve of my choices and it's clear now, so tomorrow back to main business most are here for which is making or losing money. I did not discuss bankers, or powerful folks which kli and others touch, this one was mainly for each individual to take a look at themselves and no lying.

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  77. Totally understand, but it was a great discussion. Used to do these over the weekends, was fun.

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  78. Homer,

    By the way, majority of the conversations you guys had before which I mentioned is better not to focus on had to do with how powerful runs the show which I responded by saying let's focus on why we are here, that's different than each one of you facing yourselves and looking at how you have contributed to the mess we are in. I have not seen conversations on that, and that's why i turned the table today by trying to make readers look at themselves individually rather than focusing on so-called external evil. No powerful cartel or people can do what they do IF the majority do not go along with it. Not too many people were talking about what's happening now 10 yrs, 20 yrs, or 30 yrs ago when their individual WANTS were being satisfied. You can always talk about that if you want, it's more important than powerful buggyman. Very few are willing to face themselves, it's always easier to blame it on powerful this and powerful that and not look at public's contribution to this mess. If public tried to live within their own means , the situation would have been better. What's more realistic and i do not mind people talking about is how they can change their habits to live within their means and reduce the WANT, that's more realistic and achievable than asking when powerful is going to change.

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  79. Very nice sentiments Inlet. Funny though, many of the "discussions" I get into surround that very word "values". And I guess its a matter of what's important to you and the definition of the word. But believe it or not, those folks that took advantage have values as well. I always kind of thought we all really know, deep down, what's right and what's wrong. Kind of a tribal/racial memory thing. I think to some extent that's what Joe is getting at. At least recognize when you may be off the "path" and accept it. No deceptions or rationalizations.

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  80. Hacker group out there seems to be getting serious, maybe annoyed at Anonymous getting headlines?

    http://www.reuters.com/article/2011/06/16/us-cia-hackers-idUSTRE75E6JC20110616

    http://nakedsecurity.sophos.com/2011/06/12/26000-sex-website-usernames-and-passwords-exposed-by-lulzsec/

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  81. Homer,

    Bingo! Focus should be how each individual has given in to the so-called DREAM which means over-indulgence, GREED, sense of self-entitlement,,,etc No system can ever go without change unless if the majority follows and demands what I just said. The cycles wer are talking about is the result of public mostly not doing the right thing and of course most powerful will take advantage of it. You see, the source of the problem if people want to be honest with themselves is THEM which cause powerful to do what they do.

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  82. You are correct Joe - I've always flamed the banksters and politicians recently and ignored legislation and politics when it suited me previously. The very things that got us here. Not sure anyone really could have changed things, but we really did let this all kind of happen to ourselves. Still, the banksters and politicians are worse than we are...it's all a matter of relativity. lol

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  83. Previous comment relates to your second to last one about wants, very very true. It really is good men doing nothing...

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  84. Homer,

    An example of what I just said about public not doing the right thing which seriously contributes to our problems in this country is the following:

    In Africa when group of lions go after a weak or injured buffalo, they surround the weak or injured buffalo and they attack, the attack is successful when the other members of the buffalo herd stand and watch which means they do nothing. There are times that buffalo is organized and come to defense of the injured or weak one and that way lions right away find out that they are in the fight of their lives if they decide to stick around and therfore lions in this case as powerful as they are realize it's a fight they are not going to win.

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  85. The best weapon available to powerful is the fact that system is based on individualistic agenda which means each person has been told from childhood to focus on your individual wants without any regard to your fellow man, mmmmmmmm, that's the best weapon any powerful person can dream of to control their subjects, control thru playing others greed, and mainly DEBT, heheeeeee!,
    The famous line is, " it's not personal, it's business". People like that when it works for them but when they are at the receiving end of it, they do not like to hear that line and their response is for an individual everything is personal because we are a person and therfore that line is created to assure diversion which makes the buffalo divided, heheeeee, this line is so-embedded that people do not take the time to really understand what that means.

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  86. One of the most amazing videos I've ever seen. Lions take down bufallo calf. Croc tries to get it. Then the herd takes the calf back. 3:30 into it is the croc scene and 5:00 the herd starts chasing the lions. 5:50 they get serious and the lions, as you say, realize there might be an issue here.

    http://www.youtube.com/watch?v=LU8DDYz68kM

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  87. Joe,

    Misunderstood your point on Ghandi and thanks for the clarification. My point for rasing my hand was simply I still have areas to improve in the way I live.

    Just passed my seventeenth year sober and trust me I truly understand "choices" both good and bad. It was ironic you used a clip from The Scent of a Woman to make your point today. That used to be the way I lived my life and in some areas I still do. I always knew right from wrong but chose to go the easy route.

    Change does not come easy but if one wants to attain what one is seeking it can be done. Still got a lot to learn on this journey, just know that these conversations at least for me are truly appreciated.

    Tom

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  88. Joe,

    That smart man regarding good men vs evil was
    Burke, he has so many good quotes that it's a must for everyone to read thru them...

    http://en.wikiquote.org/wiki/Edmund_Burke

    When bad men combine, the good must associate; else they will fall one by one, an unpitied sacrifice in a contemptible struggle.

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  89. No need to talk much of the rich and powerful. In the same circumstances, offered the same satisfaction and rewards most men would do just the same. The enemy is not the "other", it never was.

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  90. Homer - Sentiments? I don't consider a way of living you life a sentiment. It is much more than a sentiment. As to values - if it leaves you or others in worse shape than before - where is the value?

    Many people live their life without consideration of consequences for themselves or others. Now maybe you call that different values. I consider it an absence of values. And, that lack of values is the root of many of today's problems.

    But what do I know - I am just a simple country boy and have my own simple way of looking at things?

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