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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (32950)12/4/2010 2:54:13 PM
From: John1 Recommendation  Read Replies (2) | Respond to of 71456
 
In today's cynical installment of Bullish, More Bullish, and Most Bullish...

*** Bullish! ***

Madrid forces end to air controllers wildcat strike

news.yahoo.com

excerpt:

The strike over working hours hit an estimated 300,000 passengers on a long holiday weekend, prompting the government to put the military in command of the skies and threaten prison for absent controllers.

Of 184 air traffic controllers scheduled to work, "practically the whole shift went to work," said a spokesman for airport operator AENA, allowing flights to recommence.

Translation: Spaniards will work for whatever wages their government tells them to work for, or go to prison! Choosing not to work is not an option. Spaniards are slaves!

Bullish because... The Spanish government has a slave labor force!

*** More Bullish ***

Jobless rate undercuts signs of recovery, rises to 9.8 percent

washingtonpost.com

excerpt:

Today's jobs report could not have been worse for unemployed Americans and a struggling economy anxious for better news," said Christine Owens, executive director of the National Employment Law Project.

More than 15 million people remain unemployed.

But Wall Street investors shrugged off the report, and stocks climbed slightly, buoyed in part by positive signs this week on consumer spending.

Bullish because... Citizens and denizens, unemployed or not, are taking on more and more debt!

---

Note that the U-6 seasonally adjusted unemployment is 17.0 percent.

bls.gov

*** Most Bullish ***

Feds Warrantlessly Tracking Americans’ Credit Cards in Real Time

wired.com

Federal law enforcement agencies have been tracking Americans in real-time using credit cards, loyalty cards and travel reservations without getting a court order, a new document released under a government sunshine request shows.

The document, obtained by security researcher Christopher Soghoian, explains how so-called “Hotwatch” orders allow for real-time tracking of individuals in a criminal investigation via credit card companies, rental car agencies, calling cards, and even grocery store loyalty programs. The revelation sheds a little more light on the Justice Department’s increasing power and willingness to surveil Americans with little to no judicial or Congressional oversight.

For credit cards, agents can get real-time information on a person’s purchases by writing their own subpoena, followed up by a order from a judge that the surveillance not be disclosed. Agents can also go the traditional route — going to a judge, proving probable cause and getting a search warrant — which means the target will eventually be notified they were spied on.

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"...the target will eventually be notified [he/she was] spied on." ...or NOT AT ALL.

I liken this to a fear tactic, designed to keep the masses afraid of the government.

Bullish because... The United States government has greater control, lawful or not, over its citizens and denizens!

---

What new atrocities await the world tomorrow? How much will U.S. stocks rally on the "terrible" news?