Communist, Eh?

Unregulated markets + Unscrupulous Businesses = Fleecing of the Common People. It was the Republicans that overturned most the Glass-Steagall Act of 1933 sometime in the 90's to get us to the brink of Financial Oblivion. Citing such catch phrases as , "Uncompetitive" "Burdensom Regulation" and "Free Markets" they unwound all of the safety nets, safeguards and other legislation that prevented such an event for almost 80 years.

Great, just what we need more deregulation. Big Business has everyone's best interest at heart. I'm not saying that going the other way is in our best idea. To balance things where people can take their shot and succed in the free market and yet have a social safety net underneath them is the ideal, i.e. Canada.

It's just that now that we are on the brink of a major recession/Depression the ugly truth of Capitalism is coming to the limelight. THE LOSERS PAY OFF THE WINNERS! It's a Zero sum game. For everyone that is going to be on the street due to their house getting foreclosed on there is some bank somewhere that took the other side of the trade that is going to make a mint.

As far as I am concerned the game is over. Economically speaking unless you have a lot of money in a foreign currency or precious metals your wealth is depreciating by the day literally. There will be some great changes in store for us in the future. Real change is going to occur now that the formerly middle class and upper middle class people are going to lose their "STUFF" en mass.

Get ready for economic bloodbath as this month moves closer to the end. We're fucked.

• My apologies if I sound like a raving lunatic...

This fact actually makes me quite happy. I never really liked the Sabres and what little I did was destroyed when they fired John Muckler and at that point I totally disowned any loyalty for that team. So when Ottawa eliminated the Sabres on their best run since '75 to win the cup I was quite satisfied. It was at that time a John Mucker managed team and I can only imagine how satisfying it was for him to snuff out any hope for a cup for many years, maybe forever given the Sabres Management operates.

So as a fan of the NHL why am I laying this foundation? We had all of these trendy bandwagon fans buy out the arena with season tickets. Now the team sucks and "other things" are coming up for them to do. SO this is a wonderful opportunity to go catch games. With a large season ticket base and falling demand, an opportunity to catch a quality team when they come to town is what we have.

In my situation I'm going to be going to at least 2 games very soon due to the people jumping off the bandwagon. I just love these Die Hard Sabres Fans.

Point #2 Ryan Miller Sucks. He's just a sound fundamental goalie that knows has his Angles down and that's about it. He not and never will be a pure athletic reaction goalie, a la Patrick Roy or Dominik Hasek. He's fine when you score 6 goals a night and the defense hangs back since you have a 2 goal lead. But when the pressure is on and the other team is pinching this guy is a sitting duck. Standing on his own and he's just mush, or #33 according to NHL.com
That means that there are 3 BACKUP goalie with better stats than he currently has!

So to me this fact just caps the unholy trinity of the Sabres F'ing up. Briere, Drury, and Miller. They should have kept Martin Biron and dumped Miller.

Enjoy it while it lasts, but I think you may have seen Dow 14 K for a VERY, VERY, VERY Long time.

Ok I may have been reading this guy's blog too long but in practically there is no way things are going to go on as they have. I don't own Real Estate but at the same time I've had this vision with a friend of mine concerning 1930's style bank runs. We'll just have to see what banks were belligerent with giving deadbeats mortgages that never even made the first payment. Although to me that is just secondary.

What is going to F everyone is going to be $100 a barrel Oil. It could be inflation or just the devaluation of the Georgeback against every major currency that translates into higher fuel prices. At this point who really cares that Ben is droping $ out of helicopters to help his friends out at Citigroup. When people are now going to blow $100 a week in gas in the winter months, Who knows what is going to happen in 7 months when that "Summer Driving Season" kicks in. We should be sitting close to 5 when that happens. By the end of the month we'll be approximately 3.5 easy. That will be less stuff @ Target, Walmart and eating out at Crapplebees or other nasty chain.

My prediction is by the end of the Year we'll be seeing the Dow around 10K. This week is only the first wave. Adjust the 401K's to money markets. It's only going to get worse. The Financials are Fucked, banks are the fluid that keeps out economy floating.

Basically I'm pretty nervous. Except that my positions are just Silver and Gold. If you can afford it buy some silver stocks. With Gold being @ 800 an ounce the historic correlation should have it much higher than the 15 that it sits right now. The 1980 high is around 50 an ounce. We'll get there within a year...

Time for bed. It should be interesting to see what my laize fair Professor says this morning. In my opinion when the next Democratic President takes the election almost a year from now they will be running on a FDR platform. It will just be like shooting fish in a barrel. Deregulation Capitalists will be kept far away from sharp objects and Washington for decades after this mess really gains momentum.

Yea

I'm trying to do some schoolwork and in a perfect world I should be watching the original movie "The Crow" Tonight. Not the shitty ass greedy Hollywood sequels. It's sad that the made 3 of those "other" one's.


Makes me thing of a time when being goth was original and not some dumb thing that is sold inside a mall...

So with a long night @ the NU library working on my Accounting Theory homework a woman in the row of computers drops a bunch of papers. I turn around and pick them up not thinking much about it. Well as they are kicking us out of the place we start talking as we head out to our cars. After about 15 minutes of conversation in the cold we exchange numbers. She's working on her social work masters @ UB but comes back to NU since he did her under grad here and likes the cozy small campus.

So we're most likely going to see Saw 4 in the near future. I'm not sure if anything is going to come out of this but at least I got a nice ego boost. I just wonder if stuff like this that falls in my lap can be a possible negative since it skews my "game" in the sense that I'm not as extending/outgoing when I'm out hitting the scene?

She's quite cute to say the least :-)