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US taxpayers Free Hand-Outs To The Super-Rich

While it may astound you to see the government nationalizing corporate losses as they privatize their profits this Sunday found Paulson sticking up a free money sign. With everyone in a panic and not allowing the failed companies to die the death they deserve Paulson has the nerve to insist the USA take on all bad debt of foreigners, foreign banks, and foreign investments. All that is necessary is for Paulson to say it is needed to stabilize an out of control banana currency.

All this in an election year?

Cooking a good pie is not easy but manipulating the stock market is as easy as baking one. That is why I left it as an investment vehicle in the mid 1980s.

I had been doing extremely well on the stock market mostly to due diligence in picking the stocks and knowing things about companies. Inside knowledge of the computer industry and a global network of friends with information aided me. I learned a few tricks about the stock market. How pricing was done, top and bottom marketing as well as placing the orders in the pit and how they were executed and more importantly why they would get executed. I am not going to divulge the whole secret to manipulating a stock here, at least not yet.

Today the UK matched the USA stopping short-selling of stocks. The blatant and obvious point of it all being that you are allowed to play the game of buying and shorting when the market is going up, but not when it is going down. Just as the government is all about taxing profits it will not be partners in your loses or bad days. That is unless you are a very wealthy banker with political friends you have funneled millions to their election over the years.

Banks Cannot Survive Government Competition

Todays headlines are "Tumbling stocks and rising government financal instruments"

With a fiscally out of control government trying to plug up holes during an election year almost every step to financial ruin is being taken. Stocks must tumble from their artificially inflated prices as the money to speculate and make the rising prices disappear. Stocks must tumble as the government steps in to nationalize commerce. This week also saw dropping mortgage rates and how that fits in brings you to the twilight zone.

30 Year mortgages see new low!

As the US government nationalized the home mortgage market the week has started with an abundance of mortgages available at rates not seen since last year. After bailing out Fannie Mae and Freddie Mac, absorbing close to 700 billion in outstanding bad mortgages onto the tax payers backs the newly government run corporations find they have an inside track on cheap money and virtually print at the expense of future generations diluting an already devalued dollar.

Fannie and Freddie Financially Finished - Taxpayers to pay the billIt was something we predicted weeks ago, the crash of the market, banks and eventual bailout of the bankers by their partners in the US Government. While turning a blind eye to the expanded liabilities and massive devaluation on the dollar the US government has entered the mortgage business. Broke homeowners may be happy that their homes may be salvaged by taxes but when everyone pays for someone else’s mistakes something is wrong. Where else in life can you spend billions of dollars of money you don’t have and then take your big paycheck and leave gracefully as US workers take on your $75 trillion in mistakes?

Can Freddie Mac and Fannie Mae Be Far Behind?This week the dollars decline brought the cost of crude oil to $147 a barrel. This week saw the one of the big financial bank failures as  a run on IndyMac forced its closure, one of the largest home lenders fueling the overheated California mortgage market, went into bankruptcy. Rampant fears when the Freddie Mac and Fannie Mae will fall are bringing Wall Street to an edge. The Wall Street investors are already borrowing fiat currency at almost free rates from the government! This week saw Lehman trying to follow in the footsteps of the bankrupt Bear Sterns is battling the fall.

Avantrepreneur Magazine is all about the leading edge of business and investment, creating where nothing existed before.Step into the future where todays business finds tomorrows profits.

The story behind the words and thoughts that are Avantrepreneur.It was back in the late 1970's when the word first appeared. It was strange as it appeared from the owner of a compnany in New York City called Worldling Designs. A Worldling is someone who is worldly, well travelled and things of the world as his home.