Longest Bull Run in 80 Years, remember who was in Charge, what Happened then and what's Forecast Today!

This is not a Blip as the so called experts say. This is a long overdue major "correction" I discussed it after april's "correction" and most just do not seem to realize the artificiality or our over inflated financial system or how bad this too is going to get. The second Greatest Depression is right around the corner! Please read on. I think you will agree!
Of course , we know as the U'S. goes so goes the rest of the world. Yesterday In the U.S., the Dow Jones -- which shed 311 points on Thursday -- slipped further in early trading today. Right now it is down another 80 mpoints. In Europe, where markets suffered their worst losses in five months on Thursday, the FTSEurofirst 300 index closed down 0.5 percent -- and down 5 percent for the week -- having earlier showed signs of a recovery amid robust corporate results led by automaker Volkswagen.
London's FTSE 100 closed down 0.6 percent at 6,215.2 -- its lowest close since March -- while Paris' CAC slipped 0.55 percent to 5,643.96 and Germany's was down 0.76 percent at 7,451.68. There were further losses in Asia where Tokyo's Nikkei shed 2.7 percent to slump to its lowest level since May despite strong results from electronics manufacturer Sony, which posted trebled first quarter profits.
South Korea's benchmark KOSPI was down 2.5 percent, Hong Kong fell 2.7 percent and Australia slipped 2.8 percent, while MSCI's index of Asia Pacific stocks excluding Japan fell 3.4 percent at the end of a week in which it had posted record highs.Friday's volatility was triggered by Thursday's worldwide losses, culminating in the Dow Jones' second-biggest point loss of the year.
http://www.cnn.com/...
The so called experts are doing their best to keep this artificial Bull market going saying this is no big deal and the economy is getting better . This is just a minor correction and our economy will keep improving. Bush is also talking it up, doing his share to keep up this facade of Sucess continue until he gets out of office and the truth is found out and the market and the economy crashes so he can blame it on Democrats.
This is not a blip, this is not a minor correction. The market is correcting and it is long overdue. as we all know, the stock market ebbs and flows until it settles onto which direction it is going.It has been going up and down but when this settles in, it is going to be a very big downward correction. I was looking at my past writings on this and this is so perfect as to what is happening right now I really hope you read this and see who was at the helm the last time this happened 80 years ago. Good or bad give credit where due!
The Dow industrials has been increasing to ridiculous artificially inflated highs in a streak that matched an 80-year-old record on Wall Street. This will all crash down on us when the truth of Bush's control and lies come to light.
"The market improvement we've seen over the last few months is a result of higher-than-expected corporate profits," said Richard Hoyt, portfolio manager at KDV Wealth Management. What a surprise huh? How could you expect anything else in this pro industry, pro corporate, anti average American,environment Bush has created today?
http://money.cnn.com/...
Bush has had, micro managed every facet of life today, from the so called war on terror, to those that we call heroes such as Jessica Lynch, to the reasons behind 9/11 and the artificial strength of our economy. This is a Bush created facade of a great economy and only for those able to partake while the elderly and needy have suffered exponentially, so he can follow his new order.
With that said, it is very dangerous that investors are looking beyond any short-term questions about the strength of the economy and focusing on longer-term expectations. You cannot ignore the reality of Bush putting off Trillions in Debt off until he is out of office. You cannot ignore the reality of increasing food stamp use, prohibitive health care costs to the most needy, the loss of core jobs, and the real economy Bush has created. It is another facade!
Knowing that life today is a false creation of Bush's in every respect I ask you to take a step back and remember that amidst all the bragging about this great economy and this being the longest Bull run in 80 years, the reality average Americans face, who was in control 80 years ago and what happened. Remember, Republican Calvin Coolidge was President from 1923 to 1929 and Republican Herbert Hoover took over in March of 1929. I realize we now have a system in place so there will never be a repeat of the Stock Market Crash of 1929.
However, as Bush brags every friggen day how great his economy is while we are left dumbfounded. People in staggering numbers are losing their homes, ending up on the street, going hungry, unable to receive or afford even basic healthcare, or even satisfy life's basic needs. This is happening in America and I find it overwhelming. Why? In America? When will this facade crash?
I am reminded of "The Second Great Depression By Mike Whitney" He points out The US economy is in danger of a recession that will prove unusually long and severe. By any measure it is in far worse shape than in 2001-02 and the unraveling of the housing bubble is clearly at hand. It seems that the continuous buoyancy of the financial markets is again deluding many people about the gravity of the economic situation. The housing bubble is quickly crashing to earth and hard times are on the way.
There’s no doubt now, that Fed chairman Alan Greenspan’s plan to pump zillions of dollars into the system via "low interest rates" has created the biggest monster-bubble of all time and set the stage for a deep economic retrenchment. Greenspan’s inflationary policies were designed to expand the "wealth gap" and create greater economic polarization between the classes. as you can see, it has. Greenspan's trusted replacement is following suit.
By the time the housing bubble deflates, millions of working class Americans will be left to pay off loans that are considerably higher than the current value of their home. This will inevitably create deeper societal divisions and, very likely, a permanent underclass of mortgage-slaves. With the staggering increase of foreclosures you see just the beginning of Bush's "created" reality.
In real terms, the economy is already in recession. The growth numbers are regularly massaged by the Commerce Department to put a smiley face on an under performing economy. Industrial output continues to flag (In January it was down by another .5%) while millions of good paying factory jobs are being air-mailed to China where labor is a mere fraction of the cost in the USA. Also, automobile inventories are up while factory production is in free fall. Also Toyota has now replaced us as Number one!
Please read the entire report. It is very sobering and the first honest appraisal I have ever seen as to our dire Bush hidden financial future.
In closing Mike say's Greenspan has led us sheep-like to the same precipice as the great depression and Bernanke is faithfuly following suit. The economic dilemma we're facing could have been avoided if the expansion of personal credit had been curtailed by prudent monetary policy at the Federal Reserve and if wealth was more evenly distributed as it was in the ‘60's and ‘70's. But that’s not the case; so we're headed for hard times. http://anaverageamericanpatriot.blog.../
This is stunning! Be prepared for reality to catch up to all the lies! It is all Happening right now!

James Joiner
Gardner, Ma
www.anaveragepatriot.com