Sunday, December 27, 2009

Next U.S. President May have to Live up to George Washington's Aggressive Legacy of Corrective Actions; We Owe Allegiance to No Crown ..


I think President Obama's leadership is re-awakening the socioeconomic base of true free-market capitalists and doctrinal Judeo-Christians.
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The United States may be on the verge of one the most anomalous turning points in Constitutional history since the days of President George Washington.
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If this Obama Administration continues to pass 100% partisan and anti free-market legislation: Healthcare (60 - 39 straight-line vote), and pending Energy Cap and Trade, and Employee Free Choice Act (EFCA), then the odds of witnessing positive long-term change in 2013 increase greatly.
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Perhaps an American Renaissance will envelope our hearts and minds from border to border and sea to shining sea. Where core values of pursuing life and liberty are celebrated, and where fiscal conservative philosophies of lower taxes and smaller government re-emerge and re-ignite today's flickering American spirit.
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Will 2013 prove to be a fresh beginning of what worked very well for more than two centuries? Long live winners and losers, peaks and troughs, bubbles and busts, fear and greed, as well as socialists and capitalists; all necessary extremes so the burning torch of the American dream is passed to the next generation of children.
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What made the United States the model global free-market society - and what enables healthy market cycles - are fewer government strings, not more. Though this latest economic bust was more costly and emotionally painful than any in recent past, every generation goes through a time when the world is "coming to an end".
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The cyclical beauty of capitalism is rooted in the ability of risk takers to continually restore balance, not a bigger government imbalance of stricter rules and regulations like this Obama Administration is pushing. The brave pioneers divorced themselves from the European Crown centuries ago, and we must refuse to owe allegiance to any form of authoritive government.
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Continue to legislate risk-taking away from entrepreneurs through a burdensome/centralized government and our free-market will extinct. Our children's behavior could become fogged by an acceptance of laziness and that being average is great.
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Just like our greatest and most valiant founding father George Washington Amended the Constitution through 10 Amendments - Bill of Rights in 1791 - the next president may have to take decisive correction action so the core principles of smaller government and respect for life and liberty are unable to be changed. 
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I think today's donkey majority is blatantly and wrongly taking advantage of the cyclical economic trough we experienced after 9/11 and then accounting scandals at Enron and several other firms. The financial crisis that developed was the fault of many moving pieces, butt today's bottom left pending legislation of Cap and Trade and EFCA may have to be reversed through powerful Amendments to the Constitution as in 1791:    

http://www.senate.gov/civics/constitution_item/constitution.htm#amendments
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Here's hoping President Obama does a sudden 180. His insistence of hemorrhaging U.S. dollars chokes off a young man's or woman's entrepreneurial spirit, perhaps even enslaving it to mediocrity. Is this first black president's behavior not paradoxical in a post slavery America, I think so ..   
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President Obama thinking is fiscally and socially flawed and poses danger to our nation's future. President Barack Obama risks the fate of being forever googled alongside arguably the worst and least valiant President, Jimmy Carter. 
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Capitalist Pig Bob

The Good, the Bad, and the Ugly of Real Estate in Illinois; Aware of Similar Situations in Your State?



http://www.suntimes.com/news/1959389,mortgage-rates-refinance-122609.article
(this link misbehaves, please click a second time if it doesn't open after the first try)

Friday, December 25, 2009

The Obama Administration Poses a Clear Danger, not only for Crossing the Public-Private Sector Lines of Free-Markets, but now Forcing the 85%* of Faithful U.S. Citizens to Pay for Abortions, More Egregious ..


From the desk of our lead political correspondent: Capitalist Pig Bob:
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From this Christmas day forward, Obama's Healthcare bill should be referred to as "Obama Deathcare H.R. 3590." Abortions may soon be financed by public funds, just like your local police and fire department; utter nonsense. 
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Ironically, Deathcare is being signed, sealed, and delivered  around the most holy Christian day of Christmas. It's the birth of Jesus Christ that is being celebrated by billions around the world, as 60 loons in Washington, D.C. voted "I" to subsidizing death.
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The fact the president has not chosen a church in nearly 1 year of living in D.C. speaks volumes about his goals, but especially after being affiliated with Reverend Wright's hatred for many years.
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I think Obama hypocrisy poses a clear danger to the future of our children, seniors, and founding fathers' legacy.
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The United States was founded upon Judeo-Christian principles, and neither of the aforementioned doctrines support abortion. As a matter of fact, none of the 5 major religions finance abortions, not one.

Thus, this Administration has just sinned against approximately 83.9%-85%* of the faithful U.S. citizens ( A survey directed by Dr. Ariela Keysar for the City University of New York indicated that only 15% of U.S. citizens were non-believers in 2008, another showed 16.1%), as every doctrine teaches love and respect for human life.

This partisan Administration has not only crossed the public-private sector line with respect to autos, education, insurance, and autos, but now crossed the line of church and state with legislating public financing for abortions. Perhaps it won't stop at less than 9 months of age ..
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Is it possible an age or health limit is around the corner from being legislated to death? Sorry to any seniors or unhealthy people reading this, butt as a fiscally and socially conservative capitalist pig, I speak openly and honestly to warn you against this Administration of change. One must be able to tie money issues to moral values to understand the maniacal genius of this Administration.

If you're still not convinced, just visit your local hospital and ask to see the premature babies (preemies) fighting for their lives. Please remember that 1 in 8 people are born prematurely, so Obama's support of late-term abortion is completely against the moral grain of the Constitution as it extinguishes any chance of life, liberty, and the pursuit of happiness. Endorsing abortion through goverment subsidies is asinine and a direct spit in the face of every major organized religion.
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Now, please allow me to take this issue one step further: Obama is a person who voted to permit infanticide in the state of Illinios: http://article.nationalreview.com/?q=NzRhZTgzNmRlZWE0MTA1YTM4NWMxN2UxMjA5YjBkZTE=
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1) http://www.youtube.com/watch?v=f4B3O9uUc-4&feature=related
2) http://www.youtube.com/watch?v=3DlTgrMCxPg
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Here's hoping some humanity comes over this president of Deathcare H.R. 3590, or that a human with an ounce of respect for life and liberty defeats and then reverses these anti free-market and anti religious doctrine bills in 2012.
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Perhaps Newt Gingrich, Sarah Palin, Mike Huckabee, or even an aging but brilliant in many respects, Ron Paul, will be up to the task of kicking this donkey back to his Chicago community street ================================== problems.

Capitalist Pig Bob.

A Heartfelt Merry Christmas to All Subscribers, May the Reason for the Season be the Promise of Eternal Life through the Birth of Jesus Christ; Good Health and Wealth in the Coming New Year Wished ..


Sincerely, the entire Psychology of the Call team.
Subscribe for 2010 by sending an e-mail to: PsychologyoftheCall@gmail.com

Thursday, December 24, 2009

Freudian Slip of Harry Reid's Speaking Tongue? Capitalist Pig Bob sure Thinks So ..


"An exhausted Senate Majority Leader Harry Reid, D-Nev., initially cast a "no" vote by mistake, then quickly corrected himself as fellow senators burst out laughing".

full text and video: http://www.dvorak.org/blog/2009/12/24/harry-reid-votes-no-on-health-bill-for-half-a-second

Wednesday, December 23, 2009

10 Worst ETFs in '09; POTC Predicts Most of them Return 10%+ in '10, Yet would Not Buy any Short Bond ETFs til Q4 ..



Psychology of the Call blog is proud to have added Capitalist Pig Bob (CPB) to our team in '09. We will continue to focus efforts on bringing the most forward-looking investment ideas to our e-mail subscribers throughout 2010. If not yet a subscriber, please send us your e-mail for addition: Psychologyofthecall@gmail.com
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Happy Christmas and a Healthy '10; without Health, Money is merely a form of Pulp ~
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Now for a telling review of the worst '09 ETFs; remembering the worst sectors often times become best the following year: 
http://seekingalpha.com/article/179470-the-ten-worst-etfs-of-2009/

Friday, December 11, 2009

Donkeys Continue to Hemorrhage Dollars ...


WASHINGTON (Dow Jones)--Democrats in the U.S. House Of Representatives intend to seek an increase in the nation's debt limit of $1.8 trillion to $1.9 trillion to ensure the federal government's borrowing needs are met through 2010, the House Majority Leader said Friday.

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The current debt ceiling stands at $12.1 trillion and, according to Treasury estimates, is expected to be reached soon. The federal budget deficit in fiscal 2009 was $1.4 trillion and, through the first two months of this year, is on course to be even higher.
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According to figure made public by Majority Leader Steny Hoyer (D., Md.) Friday, the move would hike the government's ability to borrow to $13.9 trillion to $14 trillion.
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That figure is higher than an estimate earlier in the week by Senate Budget Committee Chairman Kent Conrad (D., N.D.). He said lawmakers would have to add "north of $1.5 trillion" to provide the administration with sufficient breathing room through next year.
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It is widely seen that the debt ceiling increase will be added to legislation setting forth the Pentagon's budget in fiscal 2010, which began on Oct. 1.
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At a press conference Friday, Hoyer said that House lawmakers would attach a measure requiring all new mandatory spending to be offset by tax cuts or new revenue raised elsewhere in the federal budget to the defense spending bill.
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"It is not an acceptable alternative for the U.S. to not pay its bills," he said.
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The so-called "pay-as-you-go," or PAYGO, rules were in place in the 1990s when the federal government was running a healthy budget surplus and House Democratic lawmakers are eager to reinstate them.
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The House approved stand-alone legislation enacting PAYGO rules earlier this year, but the Senate hasn't taken the measure yet. Senate lawmakers like Conrad favor PAYGO but object to a move by the House to exempt four large big-ticket spending items from the new austerity measure.
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House lawmakers hope the Senate will find it difficult to strip out the PAYGO rules from the must-pass defense spending bill. The defense bill is proving to be an all-purpose vehicle, with lawmakers expected to add other unfinished pieces of business to it that they either must or want to complete before the end of the year.
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This list includes a probable extension of federal jobless benefits, and a continuation of a program of federal subsidies for people who have lost their health care as a result of losing their jobs.
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Hoyer said that both extensions would be for six months, meaning that people who exhaust their benefits before June 30, 2010, would be eligible for more generous federal assistance.
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-By Corey Boles, Dow Jones Newswires; 202-862-6601; corey.boles@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=0Y98lBT5s6ey%2FEGPJRqIfg%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
December 11, 2009 11:47 ET (16:47 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.- - 11 47 AM EST 12-11-09
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Thursday, December 10, 2009

Obama Must Alienate Robin Hood Types like George Soros, the Most Despicable Billionaire on the Planet in Capitalist Pig Bob's Opinion ...


COPENHAGEN (Dow Jones)--Financier George Soros, who's declared he will invest up to $1 billion in low-carbon energy technology, waded into the dispute Thursday over how to finance efforts by poor countries to combat climate change by proposing rich nations tap into special currency reserves issued by the International Monetary Fund.

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Soros used the forum of the United Nations climate summit here to suggest that rich nations finance climate subsidies for developing nations by tapping into some of the $283 billion in special drawing rights that the International Monetary Fund issued to respond to the global financial crisis earlier this year. More than $150 billion of those rights went to the 15 biggest developed economies, he said. Special drawing rights, or SDRs, are a form of composite currency issued by the IMF to its members.
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Soros is one of a cadre of global business and political figures in Copenhagen hoping to sway the bargaining among 190 nations over what should be done to cut global carbon dioxide emissions linked to a trend of rising temperatures, and who should pay the price. The conference is scheduled to end Dec. 18 with a gathering of world leaders.
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The U.N.'s chief climate negotiator said Thursday that "some progress" is being made toward deals world leaders can consider next week.
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"There is real seriousness now to negotiate, good progress is being made in a number of areas, especially in the area of technology," said Yvo de Boer, the executive secretary of the U.N. Framework Convention on Climate Change. Countries agreed that a new "executive body" should be set up and would be responsible "for accelerating action on technology development and transfer."
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The transfer of technology to developing countries to help them limit their greenhouse emissions is a delicate matter in the talks, because it opens up to issues such as intellectual property rights and patents. It also opens up a profit opportunity for companies and investors with solar panels, wind turbines, carbon scrubbers and other technology to sell.
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Soros announced about two months ago that he would invest up to $1 billion in "clean-energy technology." He also announced the formation of the Climate Policy Initiative to address global warming, and said he would fund it with $10 million a year over 10 years.
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Without action to put limits on consumption of fossil fuels, however, some clean energy bets may not pay out, because fuels such as coal and oil are cheap, still abundant, and don't require expensive new technology. Poor countries are calling on the U.S. and the European Union to subsidize investments in clean energy technology.
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"Rich countries could double available funding to combat climate change by donating recently issued special drawing rights to a new green fund," Soros said in a statement. "This fund would jump-start investment in low carbon energy sources, reforestation efforts, rain forest protection, land use reform, and adaptation programs."
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Developing countries, backed by some non-governmental organizations, expressed support for Soros' idea.
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"As we are sitting now, the IMF is sitting with more than $200 billion of SDRs that are not being used," said Lumumba Stanislaus Di-Aping, Sudan's ambassador to the United Nations and chairman of the Group of 77 and China, during a press conference Thursday. Issuing that money wouldn't create inflation, but just "effective demand," he said.
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European Union representatives were more cautious.
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"We have to be very careful in the way we use the special drawing rights. It is an instrument which can be used in very specific situations," said Artur Runge-Metzger, one of the E.U. lead negotiators, in a separate press conference. "There is no way we can just print money in order to make sure there is sufficient finance on the table."
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The International Monetary Fund couldn't immediately comment on Soros' proposal, an IMF spokesman said.
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-By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88; alessandro.torello@dowjones.com
(Devon Maylie in London contributed to this article.)
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=7ojXRiREuXMrjVVUORfG7w%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
December 10, 2009 14:42 ET (19:42 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.- - 02 42 PM EST 12-10-09
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Friday, December 4, 2009

Could Swap Dealers' Net Long Position Signal Fear of an Israeli Attack on Iran's Nuclear Facilities? CFTC Aim at Transparency Interesting Nonetheless ..


NEW YORK (Dow Jones)--Managed money reduced its long crude-oil position on the ICE Futures Europe Exchange in the week ended Dec. 1, according to data released Friday by the Commodity Futures Trading Commission.

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Money managers, including hedge funds, held a net long crude-oil position of 12,752, down from 14,837 the week before. Traders in the category added 1,892 long positions and 3,977 short positions.
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The net long position is the difference between the number of long positions, or bets that prices will rise, and short positions, or bets that prices will fall.
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Producers, merchants, processors and users held a net short crude-oil position of 53,282, down from 59,713 the week before.
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Until recently, money managers were grouped with "other reportables" into a single "noncommercial" category. The CFTC has also split the "commercial" column into two, with one set of data covering swap dealers, and another detailing producers, merchants, processors and users. Regulators said they introduced the new reports to increase transparency in commodity markets.
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Swap dealers, often large financial institutions, conduct bilateral over-the-counter transactions, using exchanges to reduce their exposure to changes in commodity prices.
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Swap dealers raised their net long position to 58,677 from 57,004 a week ago.
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Other reportables held a net short position of 19,030, up from 13,366 the week before.
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Open interest in crude-oil futures rose 17,170 to 493,332.
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Week Ended Change From Dec. 1 Previous Week
Open Interest 493,332 +17,170
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Long
Producer/Users 113,018 + 9,166
Swap Dealers 94,406 - 621
Money Managers 33,341 + 1,892
Other reportables 4,429 - 2,687
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Short
Producer/Users 166,300 + 2,735
Swap Dealers 35,729 - 2,294
Money Managers 20,589 + 3,977
Other reportables 23,459 + 2,977
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-By Brian Baskin, Dow Jones Newswires; 212-416-2453; brian.baskin@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=QeXZ3mqtebqJ2o6mFIzo6w%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
December 04, 2009 16:06 ET (21:06 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.- - 04 06 PM EST 12-04-09
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Is the Worst Over for Pacific Ethanol, Inc (PEIX)? POTC Believes the Higher Crude Climbs, Gov't Subsidies Become Godsend for Shareholders ..


WASHINGTON (Dow Jones)--Nineteen biofuel refinery projects have been selected to receive as much as $564 million in funding under the recovery program, the U.S. energy and agriculture secretaries said Friday.

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The funding will help finance the construction and operation of pilot demonstration and commercial scale facilities, the Departments of Energy and Agriculture said in a statement.
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The recipients include Sapphire Energy, Algenol Biofuels, Archer Daniels Midland, Clearfuels Technology and Solazyme.
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"Advanced biofuels are critical to building a cleaner, more sustainable transportation system in the U.S.," said Energy Secretary Steven Chu.
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Agriculture Secretary Tom Vilsack said the development of renewable energy "is a critical component of our efforts to rebuild and revitalize rural America."
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Congress and the administration of President Barack Obama are subsidizing the growth of next-generation biofuels to diversify the economy away from conventional crude products as part of a plan to cut oil imports and decrease greenhouse-gas emissions.
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By Ian Talley, Dow Jones Newswires; (202) 862 9285; ian.talley@dowjones.com;
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=QeXZ3mqtebqJ2o6mFIzo6w%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
December 04, 2009 11:02 ET (16:02 GMT)
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Copyright (c) 2009 Dow Jones & Company, Inc.- - 11 02 AM EST 12-04-09

Pre-Christmas Cheer Evident in this Employment Report, Albeit things are Improving from Depths of the Banking Abyss ..


http://www.bloomberg.com/apps/news?pid=20601087&sid=a1zUV7FpCC0k&pos=1/

Thursday, December 3, 2009

Japan's Preliminary Stimulus Announcement Should Heal the Dollar/Yen Relationship; Could the Euros be Next to Stimulate? Bullish Signs Continue to Emerge for U.S. Equity Investors ...


TOKYO (Dow Jones)--Japan's fresh economic stimulus package for the current fiscal year will likely have an effect worth around Y24.3 trillion, Kyodo News reported Friday, citing government sources.

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Prime Minister Yukio Hatoyama's Cabinet, which is crafting stimulus measures for the first time since its formation in September, will attempt to agree on specifics later in the day.
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But one of the parties in the ruling coalition, the People's New Party, is asking that the package be even bigger to help shore up the sagging economy.
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Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=NsViVaG0MhuownGg9OaPgQ%3D%3D. You can use this link on the day this article is published and the following day.
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(END) Dow Jones Newswires
December 03, 2009 22:25 ET (03:25 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.- - 10 25 PM EST 12-03-09
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The Wisest Free-Market Words Uttered from President Obama to Date, Capitalist Pig Bob is Shell Shocked ...


*DJ Obama: True Recovery Will Only Come From The Private Sector

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(MORE TO FOLLOW) Dow Jones Newswires
December 03, 2009 14:00 ET (19:00 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.- - 02 00 PM EST 12-03-09
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White House Clown Spokesman, Gibbs, Plays Up Tomorrow's National Unemployment Rate, a Bullish Sign ..


WASHINGTON (Dow Jones)--White House spokesman Robert Gibbs Thursday said at least one economic report suggests that Friday's unemployment report could show a higher unemployment rate.

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"Obviously, we've seen the one payroll estimate--the ADP estimate came out yesterday, and it seemed to suggest that it might tick upward," Gibbs said in response to a question about tomorrow's unemployment data.
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Still, he added: "I don't know how to predict these things" and noted that he doesn't know exactly what Friday's report will bring.
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According to a national employment report published Wednesday by payroll company Automatic Data Processing Inc. (ADP) and consultancy Macroeconomic Advisers, the pace of layoffs eased further in November. The report showed that private-sector jobs in the U.S. fell 169,000 last month.
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Gibbs, speaking ahead of a key jobs summit Thursday, said the Obama administration is eager to hear the private sector's ideas on job creation even as it actively examines ways to use leftover Troubled Asset Relief Funds to aid the ailing labor market.
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"We've obviously lost millions and millions of jobs since the beginning of this recession," Gibbs told reporters. "I would point out some good news on jobless claims. Weekly jobless claims are at their lowest point in a year, which is certainly hopeful," he said. "But we want to hear from and investigate ideas that the private sector has for creating an environment that is conducive to hiring.
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"Government is not going to create jobs that will make up for the dip that we have," he said.
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-By Maya Jackson Randall, Dow Jones Newswires; 202-862-9256; maya.jackson-randall@dowjones.com
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Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=NsViVaG0MhuownGg9OaPgQ%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
December 03, 2009 10:43 ET (15:43 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.- - 10 43 AM EST 12-03-09
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