Saturday, October 31, 2009

Insiders, Banks, Credit Card Companies Do Not Believe in a Recovery

Direct mail credit card offers peaked in Q3 of 2006 with approximately 2.1 billion being sent out. In Q3 of 2009 only 391 million have been sent out. In other words, credit card companies definitely don’t believe in the recovery and they certainly don’t believe in the American consumer. On top of this drop, credit card companies are now jacking up fees on good standing customers, adding annual fees for inactivity, and basically acting like your local loan shark. At times they are even charging 79.99 percent interest rates that would make Tony Soprano blush. If we really look at the data, the economy is doing anything but recovering. Actually, it is recovering but for those on Wall Street and the banks. The average American is merely subsidizing their party. By the way, the banks are largely the reason for the decade long housing bubble.
If you really want to see how much insiders believe in this rally, let us look at some details from last week. Insiders for the week with data from Thomson Reuters bought 8.2 million dollars worth of stock during last week. How much was sold? 184 million dollars. This pattern has been occurring the entire rally. Now wouldn’t you think insiders would have a better sense of the true nature of this economic recovery?

Americans are Preparing for the Great Depression are YOU?
Survival Seeds


  1. What an idiotic title. How can they believe in a recovery if they orchestrated the collapse? It's like being surprised that an explosive technician does not believe that a building will last longer, because he is the one who wired it and put the charge in, and he is the one who is going to detonate it. Did you guys notice that everything is a total absurd, everywhere? A Kingdom of Warped Mirrors.

  2. 5:08...hate to burst your bubble, but warped is the new regular, hands down. It's bizzaro world everywhere. Who can you trust? Outside of family and friends, at least for most, NOBODY, certainly not 99% of the banksters and politicians. Our once, great country, is on the road to nowhere, and a large collapse is cetainly just around the corner. Could be 2 months, could be 2 years, but not longer than that IMO.

  3. I'm travelin' down the road,
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    I've got the pedal to the floor,
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    It looks like self destruction.
    Well how much more can we take,
    With all of this corruption.

    Been flirtin' with disaster,
    Ya'll know what I mean.
    And the way we run our lives,
    It makes no sense to me.
    I don't know about yourself or,
    What you want to be - YEAH.
    When we gamble with our time,
    We choose our destiny.

    I'm travelin' down that lonesome road.
    Feel like I'm dragging a heavy load.
    Yeah! I've tried to turn my head away,
    Feels about the same most every day.

    Speeding down the fast lane,
    Playin' from town to town.
    The boys and I have been burnin' it up,
    Can't seem to slow it down.
    I've got the pedal to the floor,
    Our lives are runnin' faster,
    Got our sights set straight ahead,
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    Flirtin' with disaster,
    Ya'll know what I mean.
    You know the way we run our lives,
    It makes no sense to me.
    I don't know about yourself or,
    What you plan to be - Yea!!
    When we gamble with our time,
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    Yeah!! We're travelin' down that lonesome road.
    Feel like I'm dragging a heavy load.
    Don't try to turn my head away,
    I'm flirtin' with disaster every day.

    Flirtin' with disaster, baby,
    Ya'll know what I mean.
    You know the way we run our lives,
    It makes no sense to me.
    I don't know about yourself or,
    What you plan to be - Yea!!
    When we gamble with our time,
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    Yeah!! We're travelin' down that lonesome road.
    Feel like I'm dragging a heavy load.
    Don't try to turn my head away,
    I'm flirtin' with disaster every day.

  4. I equate it to the '99 movie The Matrix. We truly live in a system of control. Where the absurd is accepted as reality and every piece of propaganda is accepted as unquestionable. No independent thought. No reason.

    This is more true right now than at any other time. Orwell's 1984 x10. Perhaps we will be able to squeak by, but our children will surely be system drones and slaves.

  5. Looks like lamb
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    Christian Warlords of Sodom
    Take your implant
    in your forehead
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    All Lies all the time

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