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The Markets Are Rigged!!
Don MCAlvany paints a dire picture of the markets , our economy and the nation ..........AND "It Ain't Pretty" Is this guy too pessimistic ?.....or does he speak the truth .....Let me know whst you think . The following 8 minute video should be worth your time!
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Here is a partial list of stores that will be closing or down
sizing. Be careful if you are planning on giving gift cards this
year.
Circuit City (filed Chapter 11)
Ann Taylor- 117 stores nationwide closing
Lane Bryant, Fashion Bug ,and Catherine 's to close 150
stores nationwide
Eddie Bauer to close stores 27 stores and more after January
Cache will close all stores
Talbots closing down specialty stores
J. Jill closing all stores (owned by Talbots)
Pacific Sunwear (also owned by Talbots)
GAP closing 85 stores
Footlocker closing 140 sto res mo re to close after January
Wickes Furniture closing down
Levitz closing down remaining stores
Bombay closing remaining stores
Zales closing down 82 stores and 105 after January
Whitehall closing all stores
Piercing Pagoda closing all stores
Disney closing 98 stores and will close more after January.
Home Depot closing 15 stores 1 in NJ ( New Brunswick )
Macys to close 9 stores after January
Linens and Things closing all stores
Movie Galley Closing all stores
Pep Boys Closing 33 stores
Sprint/Nextel closing 133 stores
JC Penney closing a number of stores after January
Ethan Allen closing down 12 stores.
Wilson Leather closing down all stores
Sharper Image closing down all stor~s
K B Toys closing 356 stores
Loews to close down some stores
Dillard's to close some stores -
Nb A Big Thank You
I will look into these as posible SHORT Targets .......ANN is already one on my shorts !Originally posted by New-born baby View PostComment
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Originally posted by Peter Hansen View Post
I transcribed this video as I watched. Here are the major points:
Don McAlvany Seminar 2008
1. The majority is always wrong.
2. Americans are perpetual optimists
3. To win the battle for investment survival you must avoid being an optimist or a pessimist – you must be a realist.
4. Complacency, which is self-satisfaction accompanied by a lack of awareness of dangers or deficiencies
5. Always mistrust the obvious
6. Very few events are straightforward or accidental – most are manipulated – the markets are rigged against you. (search on “government plunge protection team”)
7. Global events are speeding up – crisis are happening (Acceleration factor)
8. Battle for world domination (religious and political and financial)
9. Political and monetary/ economics authorities will lie without hesitation to protect their own agenda (the liar society)
10. Ignore what politicians say – but pay attention to what they do.
11. The next 10 years there will be a loss of freedom – middle class will be wiped out.
12. The bearer of bad new is unpopular. (example Ron Paul on economics was ignored and attacked, Cicero in the roman empire)
13. Discredit factual arguments – political left attacks - argumentum ad hominem
14. Hosea 4:6 “My people perish from lack of knowledge”. We must have real knowledge, discernment and understanding, plus the ability to connect the dots.
15. Proverbs 27:12 The prudent see danger and take refuge. The simple keep going and suffer for it.” The prudent are the small remnants of people who have the ability to think and discern and to connect the dots. The simple are the majority who follow the media, are clueless and have no idea what is going on.Tim - Retired Problem SolverComment
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