iamned.com Blog

I believe in keeping America great. I believe that our leaders should do what is in the best interests of the American people and the economy in order for America to remain the greatest land on Earth. The greatness of America also depends on its citizens doing their part as well.

Controversy aside, the past eight years of George W. Bush has lead to economic prosperity. The DJIA bottomed at 8,000 in 2002 a year after Bush entered office, and even in the wake of the worst fake financial crisis in hundred years it is STILL twenty five percent higher. Since 2001 there has yet to be a single negative quarter of GDP growth. That is irrefutable proof that George Bush’s policies of cheap labor, deregulation, free trade, globalism, and military spending has been very beneficial to the economy. As I have reiterated many times before on iamned.com we need to elect McCain because he will uphold the same pro-growth values of George Bush.

We need to bailout the financial institutions and promote free market capitalism. Obama , on the other hand, is for protectionism and isolationism even if he doesn’t say so outright. We need to drive the dollar lower so that the price of oil, food , and gas rises even more. A falling dollar and rising commodity prices is actually good for the economy. Between 2002 and 2007 during the last bull market oil, gold, food, and gas prices all surged. There is a strong statistical correlation between rising commodities and the stock market.

American citizens need to do their part and refrain from complaining about unaffordable health care, rising tuition, expensive food, the war in Iraq ‘going on too long’, rising unemployment, and four dollar gallon gas. They need to stop complaining about Paulson’s $700 billion dollar bailout, and instead rally behind it. It is essential that the bailout is passed because it will help perpetuate Bush’s pro-growth economic policies of increased deficit spending and a cheap dollar. American citizens need to vote for McCain and need to continue to max out their credit cards. We need to keep clicking Google ads so that Google stock goes higher and buying ipods, blackberries, and iphones.

We need to widen the wealth gap, spend more, save less, and increase our credit card debt. We need to ensure that affordable education and healthcare isn’t a right but a privilege. We need to insource and outsource more labor and encourage companies to cut back on expensive, unnecessary employee benefits. Instead of offering tax breaks for companies that keep jobs in America, Obama should offer tax breaks for companies that close factories and ship the jobs overseas. That is how you promote global economic growth. That is how you keep America great.

Ever get the impression that Obama tries to hard when he debates or gives speeches? He is too meticulous, articulate, and knowledgeable. He always tries to weigh both sides of an issue instead of simply answering the question with a yes or no. When Obama is asked a difficult question it apparent by the tone of his voice that he is perturbed and insulted. Then he spews a bunch of facts and figures, and tries to make some sort of sarcastic joke that falls flat. I suggest to Obama that during the Mississippi debate he phrase his answers into easily digestible sound bites and leave the joke telling to McCain. Although McCain’s jokes may be lame they always elicit laughter from the audience.

Hopefully during the debate Obama will be asked about being a Muslim because that is still a valid issue. In order for American citizens to make a truly informed decision on November 4th there need to be additional questions regarding Reverend Wright, flag lapel pins, lipstick on a pig, Michelle Obama finally being proud to be an American, terrorist fist jabs, shady real estate deals, and bitter Americans that cling to guns, their religion, and the constitution.

Nevertheless, no matter how much Obama talks about “change you can believe in” (whatever that means) it doesn’t change the fact that that Obama is still opposed to free trade/free market capitalism, increased defense spending, outsourcing, and tax cuts for the highest income earners. These aren’t American values. These aren’t the values that the hard working, working white Americans share; a demographic Obama needs to win. There is compelling evidence that Hillary would have made a superior democrat nominee because she does believe in free market capitalism, defeating our enemies through force versus negotiation, and she has the support of hard working Americans.

There is a lot of hemming and hawing regarding the proposed $700 billion government bailout intended to purchase bad mortage loans in an effort help mitigate the worst imaginary financial crisis in the past hundred years. Not surprisingly, the boo hoo hoo pro-Obama liberals are opposed to such measures on the grounds that tax payers shouldn’t cover the tab for reckless lending behavior, and that the bailout would add to the national deficit.

This opposition to the bailout plan is yet another example of the socialist, pro-Obama liberals trying to interfeare with whats best for the US economy and the free market. Printing money is good for the economy and wallstreet. Thats why we need to bailout these financial institutions and later invade Iran in order to drive the dollar lower, and the price of oil and other commodities higher. Rising commodities and a falling dollar benefits numerous export heavy sectors such a technology, energy, and industrials. The war in Iraq created a huge national debt, but since 2003 when the war began the S&P 500 surged from around 900 to a high of 1560; a gain of over seventy percent lead by energy, technology (Apple, Google, Rimm) and defense stocks.

Rising oil, food, and gas is good for credit card companies, too. Everyone wins when there is more inflation and debt. Companies report more revenue, real wages go down, GDP rises, and stocks go up, which is good for wallstreet and working Americans. Rising unemployment coupled with inflation is also good for the economy because it indicates a labor shift from low tech jobs to high tech ones. Google for example increased its total employee count from 5,000 in 2004 to over 15,000. Facebook, which didn’t exist five years ago, now employs 500 people. Twitter, another web 2.0 start up, has a rayroll of 150 computer scientists. This is real job growth that you won’t hear about from the boo hoo hoo, anti-free trade, anti-outsourcing, Obama liberals who are preoccupied with factory closings.

Also consider that the US government took in $2,518,680,000,000 from 168,808,955 tax returns in 2006 source.
$700 billion dollars is less than thirty percent of yearly taxpayer income. Furthermore, $700 billion is just seven percent of the total national deficit. One of the reasons that the US can incur so much debt is because the US government brings in so much income from taxes. And the resulting gains in the stock market make it all the worthwhile. The DJIA surged from a low of 10,600 last Thursday to a high of around 11,400 in just two days on news of these bailouts and SEC restrictions on shorting. Imagine how more the market will rally when the $700 billion bailout is approved by congress. So in actuality $700 billion seems petty when you put it in perspective, especially when you consider the economic growth that would stem from this bailout. This is why we need to give Paulson our heartfelt support and get this bailout approved as soon as possible.

If there are two things liberals a good at it is complaining and losing. Liberals constantly bemoan the imaginary credit crunch/crisis, the fake recession, the non housing bubble, the rising oil, the rising gas prices, the rising consumer debt, and the war in Iraq ‘going on too long’, are just a handful of examples.

Liberal politicians are also adept at losing, a skill that will be put to test when Obama debates McCain on September 26th at the University of Mississippi. This will be the first debate between Obama and McCain, and therefore the stakes will be very high and the media coverage will be intense. The obstacles that Obama faces in this debate are the same that he encountered during the Rick Warren interview, which is that Obama gives rambling, scholarly answers that are heavily laden with liberal, anti-American, socialist rhetoric. Also working against Obama is the fact that McCain is a war hero and good American, while Obama and Michelle belittle small towns people who cling to guns, religion, and the constitution.

For the past six months McCain has been conveying his energy, economic, and foreign policy solutions though his townhall meetings. Obama, on the other hand, was busy calling people bitter while shopping for Arugula at Whole Foods. Numerous times McCain offered Obama the opportunity to debate him in one of these townhall meetings, but Obama refused. Why? Because Obama’s platforms are innefective, socialist, and anti-free market.

During the debate McCain will crush Obama on the issue of Energy. Obama has no solution to rising gas and rising oil while McCain supports offshore drilling and nuclear power. True, the oil may not be on line for ten years, or that the rigs are unsightly and detrimental to the environment, and the increase in supply may only shave a nickel off the price of gas, but that doesn’t matter. Atleast McCain is offering solutions, which is resuring to voters. Voters want defense/security (Invade Iran), more money (tax cuts for the rich), family values (teen pregnancy), and gas tax hollidays. They don’t care about such trivialities as the environment, rising deficits, or wire tapping.

There virtually no way Obama can come out ahead in this debate and the election. Perhaps if Obama changed his platform to support all forms of oil drilling such as opening up the Alaska Wildlife Refuge, advocating teenage pregnancy, giving tax breaks for oil companies, invading Iran, and raising the deficit to bail out financial institutions he could resonate better with working, hard-working Americans, white Americans. After all, as I wrote yesterday huge bailouts are good for wallstreet, middle America, the economy, and the free market. And Hillary DID win the popular vote. According to the polls it’s proving to be fortunate for McCain that Obama still doesn’t get it.

I blogged yesterday that the bear market of 2007-08 had bottomed out while the dow was trading at 10,600. As of this afternoon Jow Jones Industrial Average is up a staggering 800 points since I made my call. Predictably, protectionist, pro-Obama, anti-freemarket liberals are heavily criticising Paulson’s bailout plans and the SEC bans on shortings. More importantly, however, is why was Ned right.

Ned was right because Ned knows how stocks work and how the markets work. Ned sees things other overlook. When Ned say it is time 2 buy he is usually right. Ned knows we’re in the smartist, globalist era of web 2.0, hyper-capitalism, free trade, spendism, consumerism, and paymentism lead by The Creators of the new world order. Ned knows that McCain is going to win and that that the stock market will react favorably in anrticipation to McCain’s victory. (Read Ned’s smartist era Q&A here to learn more)

The goal of The Creators of the new world order is to lead humanity’s transition to a type one civilization. In order to perpeturate this outcome it is vital that the Ben and Paulson continue to bail out financial companies and impose bans on shorting and possibly impose bans on placing sell orders to ensure that stocks go up, the dollar falls, food, gas and oil prices rise, and the wealth gap widens. This is good for free market capitalism and the economy. A falling dollar and rising inflation benefits technology, commodity, and credit card stocks, and middle class Americans.

We need to elect McCain who will perpetuate the war in Iraq and invade Iran. If wallstreet isn’t bailout out the type one transition will be delayed and the smartist prophecy won’t be fullfilled. And when wallsteet prospers so does mainstreet. But you won’t hear that from the doom and gloom woe is me Obama campaign who are opposed to economic growth and want the government to interfeare with the free market.

It is confounding how these lefties have the audacity to criticise Pauslon. Paulson does care about the best interest of Americans and the economy. Instead of complaining people need to continue to keep spending and do their patriotic duty of voting for McCain on November 4th.

Google stock is surging again. I HIIIIGHHLYYY recommend buying google. Google and Facebook are leading the transition to the type one civilization. And Facebook is still worth $30 billion and Web 2.0 is not a bubble.

My target is 600-650 easily.
And in one decade: $4000 a share
AND MAYBE $14,000 LATER
google will have a market cap of 3 trillion
And control all media through all mediums on plant earth
And revenue will be bigger than all other media and internet companies combined.
100 billion yearly revenue. Market cap 1-3 trillion.

I KNOW EVERYTHING

~~~~~~~~~~~~~~~~~~

W3RD
h4X0RzzZ 3p1C_F41LL

I’m going out on a limb by calling an Official Bottom to the the 2007-08 bear market. Typically bear markets last only a couple years and lead to a 30 percent retracement, and we’re close to those markers.

Here is screenshot of the nadir:

As I wrote many times before the US economy is fundamentally strong and a McCain victory is certain. Stocks will rally in the coming months on the prospects that a McCain victory will continue George W. Bush’s successfull pro-growth, pro-wall street economic innitiatives. Contrary to the boo hoo hoo liberals George Bush was good for the economy and stock market. The S&P surged from 800 a year after he took office to a high of 1565. It is still well above 800.

When Bush invaded Iraq in April 2003 stocks entered a bull market that lasted until october 2007, on the heels of a cheaper dollar, increased exports, and rising commodity prices. McCain will likely invade iran, which will create a catalyst for a repeat of the last bull market. Oil will hit $200, the dollar will crater, gas and food prices will surge, and globalist, smartist stocks that benefit from a cheap dollar and exports such as Google, Apple, Rimm, Potash, and Mastercard will lead the market substancially higher.

Stocks are selling off yet again, but this is still a very good buying opportunity since the fundamentals of the economy are actually quite strong. Consumer spending is holding up very well inspite of rising gas, oil, food and and a fake recession and imaginary credit crisis. Also, personal income and worker productivity continues to rise. This is important because as long as consumers are able to put in longer hours at work and become more productive it will help offset economic weakness.

In addition, exports are rising, aided by a cheap dollar and booming globalist demand for commodities, machinery, technology services such as ipods, blackberries, and google click ads. Credit card spending is still shows no signs of slowing. Consumers will continue to max out their cards and incur more debt to maintain their standard of living. It is this propensity for spending, as well as increased productivity and rising wages which has helped stave off a textbook recession, versus the mental recession we’re in now.

Insourcing and outsurcing of labor has also helped bolster the economy. By laying off expensive American workers and cutting back on costly unncessasry expenses such as pensions, dental plans, and medical leave multinational companies can increase thier profit margins, which in turn helps the stock market. The insourced workers contriubte to the US economy by purchasing American goods such as ipods and computers, and food. In the end, cheap labor policies of insourcing, outsourcing, and elliminating unnecessary employee benefits helps everyone.

Keep in mind that unemployment and layoffs can be good for the economy because it helps expand the production possibility frontiers curve. Although the national unemployment numbers may seem dire if you listen the woe is me Obama campaign, the type of unemployment we are experiencing is frictional unemployment; unemployment that comes from people moving between jobs, careers, and locations. Laying off unskilled workers and outsourcing/insourcing increases the incentive for people to improve their skills and perform more productive work, which leads to new technologies and an expanded economy.

In an effort to keep labor cheap McCain has released bi lingual ads advocating guest worker programs. Has Obama done so? Nope because he is a protectionist who wants to see the economy suffer under a socialst agenda.

The best advice is to buy stocks such as GOOG AAPL MOS POT PCX EWZ V MA on the dips anbd ignore the pro-Obama recession crybabies who are spreading undue fear and protectionist propoganda.

I’m not going to get into the habit of updating the blog compulsively, but the US index futures are up around seven-tenth of a percent. That is AFTER the indexes surged 1.3 percent in regular trading. Oil is up a whopping three percent. This is the McCain rally in full affect.

Expect oil to hold steady around $95-105 until a few weeks before the election. Then it will rally when it becomes evident by traders that McCain will win, and an Iran invasion is priced in. The reason why oil will remain rangebound until a few weeks before the election is because surging oil and rising gas doesn’t make the McCain campaign looks good, and gives fodder for Obama’s socialist agenda. The smarties need to keep a lid on oil and gas till after the election. On November 4th after the electoral votes are tallied expect the contract to limit up.

The McCain weak dollar, globalist, free trade rally is real. Thats why the markets surged today and the futures are up. The financial crisis is self-limited becuase the US and global consumer purchasing power is still very robust. Short at your peril.

According to the pro-Obama, boo hoo hoo liberals the McCain campaign is resorting to diversionary, dishonest, underhanded campaign tactics to avoid the so called ‘important issues’ that face voters. Aww poor puppy. Cry me a river. The truth of the matter is all issues are fair game, including the ones the Obama campaign deems petty such as ‘lipstick on a pig’.

The lipstick comment was irrefutably a gaffe. Although Obama’s campaign spokespersons deny that he was referring to Palin, the remark does come at a time when Palin was dominating the news cycle following her monumental convention speech. A coincidence? Fat chance, which is why lipstickgate isn’t going away. Nor will it help Obama win over the much coveted, disaffected Hillary voters. After all it was Hillary who won the popular vote in the primaries and Puerto Rico, a feat that Obama wasn’t able to accomplish. By insulting Palin in such an egregious manner Obama proves that he lacks the temperament, civility, and composure to be commander in chief.

Speaking of quibbling, the liberals were making a huge stink over Bristol Palin’s pregnancy, but that issue went nowhere. The same for troopergate, which was a dud and the Palin’s husbands’ DUI. McCain’s polling numbers continue to rise, while Obama’s fall. Why did the pregnancy story fail to gain traction? Because it wasn’t a big deal. Teen pregnancy is perfectly acceptable to the republicans and evangelicals as long as the birth isn’t out of wedlock. It is the sex ed liberals invading the kindergartens that are advocating condoms and abortion as opposed to evangelicals who advocate sex for procreation, not recreation. Also, teenage pregnancy is good for the economy because early procreation results in more consumers, and hence more spendism, consumerism, and global growth.

A Google news search for “McCain lying” reveals over three thousand entries. But how is the McCain campaign lying? There isn’t a single shred of concrete evidence that McCain has lied about anything. How is saying that the economy is fundamentally strong, a lie when it indeed is? The imaginary financial crisis is an isolated event that only affects retail banks, mortgage companies, brokers, and investment banks. Non financial sectors such as materials, transports, energy, and technology are booming due to a cheap dollar and global growth. So it is actually Obama who is lying when he says the economy is weak.

Facebook, Myspace, Twitter, and Google are leading the web 2.0 internet boom in the Silicon Valley, but you won’t hear about that from the Obama campaign. Instead it’s the same liberal woe is me mindset. I lost my job. Iraq war going on too long. Too much national debt. I can’t afford healthcare…boo hoo hoo.

In conclusion, the Obama campaign is slandering McCain because their ads fail to stick, while McCain’s attack ads are like Velcro. Bittergate is still fresh in voters mind as is the Britney/Paris celebrity ad. Does anyone still remember Obama’s ads or speeches? Nope. Obama is bitter that his ads are easily forgotten or Palin’s pregnancy did go anywhere, so like a typical sore loser he accuses his opponent of playing unfair and being deceitful.

The imaginary credit crunch, housing bubble, and recession rages on with the Dow Jones Industrial Average falling over 500 points on the collapse of Lehman Brothers and AIG. The bearish sentiment is probably more overwhelming now than ever before with the major indexes making yearly lows. However historically such abrupt one-day selloffs have typically marked capitulation bottoms.

The chart above gives two examples where the markets sold off suddenly in one day, and then subsequently rebounded. The Dow lost over four percent in mid 2002 on the collapse of Worldcom, only to transition into a new bull market a few months later. And the markets staged a very strong rebound after being halted following the 911 terrorist attacks.

It bears (no pun intended) remembering that the only only recession we’re in is a fake, Obama generated one. We’re also in a fake housing bubble and a fake credit crunch/liquidity crisis. Contrary to the boo hoo hoo Obama democrats the US economy is very robust, there is no housing bubble, tons of credit, tons of consumer spending, and huge liquidity. Keep in mind there have been no negative GDP quarters since 2001.

But how is that possible that the credit crisis or housing bubble is merely an illusion? With the markets plunging so substancially surely there has to be some sort of weakness in the foundation of the US economy. But there isn’t. The United States and global economies are driven by consumption by retail consumers and industry, and that consumption has showed no sign of slowing.

The US consumer continues to max out their credit cards to buy food, gas, ipods, computers, and other goods. Durable orders (expensive items such as cars, TV, Computers) numbers have held up very well. As I have repeated numerous times if there were were a credit crunch and a liquidity crisis consumers woudn’t be able to max out their credit cards in order to keep spending, but they are. Millions of people still using the Facebook, the Google, and Myspace, as well as buying Ipods and Blackberrys. Americans continue to drive even with $4 gas and $100 oil.

The financial and consumer disgresionary sectors are ailing, but globalism and huge consumer and industry spending is helping other sectors such as technology, energy, and materials. China, India, Russia, and Brazil still need tons of coal and oil, and while commodities have sold off a lot in the past three months, they WILL rebound, especially on an ineviable McCain victory.

For the survival the US and global economy itis imperative that McCain wins because he will perpetuate the war in Iraq and invade Iran, further pushing the dollar lower and the national debt higher. A weak dollar and more debt will benefit globalist, smartist, new era companies that depend on exports such as Research in Motion, Apple, Google, Visa, Mastercard, Patriot Coal, and Potash Corp. McCain’s free trade policies will further bolster global growth for multinational corporations. We need more consumerism, globalism, spendism, paymentism, and free market capitalism under McCain, as opposed to protectionism and isolationism.

And Palin does have more experience than Obama and isn’t condescending to working, hard-working Americans, white Americans.

It is time to open the borders because American labor is too expensive. Insourcing (from Mexico) and outsourcing labor (to China and India) elliminates such unnecessary expenses such as healthcare, medical leave, and pensions. In the smartist era that we’re currently living in perks such as job security and nest eggs are a thing of the past and there is nothing Obama or McCain can do about it. It is beneficial for the US economy and the smarties of the new world order to widen the wealth gap and increase profit margins for multinational, industrial, and high tech corporations through cheap labor and less regulation, which is why McCain will win, and why Obama will lose. The jobs are moving overseas and will never come back. Need to vote in 2008 elections. Need a college degree to be an informed, tollerant, multicultural, global citizen.. Need to make more money, spend more money, and save less. We need to drill in Alaska and offshore.