Monday, April 13, 2009

FAZ crush

FAZ crush http://www.youtube.com/watch?v=eAaQNACwaLw

FAZ $200 to $ 9.5 in 3.5 months.
FAZ $110 to $ 9.5 in 6 weeks.

FAS 9.32 0.61 7.00%
FAZ 9.82 -0.67 -6.39%

We have the most effective disguised superman - Obama figure. It's really a waste time and energy to hold on the false hope on many issues. Do you see things are getting better? Running up deficits and pumping up financial markets just to lure in small speculators is obviously false sense of prosperity in a long run. This decade turns out to be the decade of destruction of American Wealth -- that will not change anytime soon.

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Budget deficit triples to $957 billion for year
March deficit hits $192 billion has receipts drop 28%, outlays rise 41%

The deficit is well on its way to the $1.75 trillion -- or 12.3% of gross domestic product -- that the White House has estimated for the full fiscal year, which ends in September.
The deficit through the first six months is more than three times higher than it was at this time last year. The government has borrowed $1 trillion from the public so far this fiscal year.

In March, the deficit widened to $192.3 billion from $48.2 billion in March 2008. Outlays rose 41% to $321.2 billion from $227 billion, while receipts dropped 28% to $129 billion from $178.8 billion.

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