www.newamerica-now.blogspot.com The hard truth as to why we as a society can not stop the economic collapse. My interpretation and creative license used in adapting an very good article called The Shape of Things To Come written by Charles Hugh Smith http

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Chris turned a start-up investment management company into what is now known as Colonial First State. From 2003 to 2006 Chris worked with Challenger Financial Services Group Limited, initially as Group CEO and then as head of its Funds Management subsidiary. Chris is currently Executive Director and Chairman of Social Ventures Australia’s SVA Nominees Pty Limited which is the trustee of the SVA Future Trust

More market weakness with poor economic numbers. September S&P P/E still at 141. This ain’t no recovery yet. It will come eventually, but only when the market is ready for it, not when Wall Street wants it to happen. Copper might be rolling over as well. Staying bearish —Weekly Video Blog commentary on the Stock Market. A stock traders view of what is going on right now, and what I think will happen next. This is not professional advice, it’s just what I do, and where I put my own money. For more details, you can visit www.oakwise.org to get a full view of my current thought and the trades that I am currently in.

A Greater Depression will hit our Economy in 2011, be ready!

Treasuries Are ‘Disaster Waiting to Happen’: Dr. Doom •Marc Faber said that foreigners will buy less treasuries and printing all of this money will be very bad for the dollar in the long run. www.cnbc.com Pelosi goes to bat to keep Bay Area papers alive •House Speaker Nancy Pelosi wants the Justice Department to give financially struggling newspapers such as The Chronicle leeway to merge or consolidate business operations to stay afloat. •She said, “We must ensure that our policies enable our news organizations to survive and to engage in the news gathering and analysis that the American people expect,” •*2010 cant soon enough •*Let the papers die. Journalism will thrive with tired newspapers. •*Most newspaper are stuff with AP stories anyway and you can get AP stories off of the news. •*Newspapers are dying because they dont offer enough unique content like investigative reports and local stories. Theyre not relevant. www.sfgate.com Sen. Grassley (R-Iowa) said that AIG execs should Quit or Suicide •*Or continue to collect million dollar bonuses •*Its funny I thinking the same thing about politicians in Washington www.politico.com AIG likely wont be able to pay taxpayers back www.msnbc.msn.com Bernanke May Need Massive Asset Buying to Counter Contraction •Federal Reserve Chairman Ben S. Bernanke •Federal Open Market Committee, gathering today and tomorrow in Washington •ramp up their purchases of mortgage securities and other assets www.bloomberg.com A retired Mexican …

Faerie Tale Theatre brings to life 26 of the most magical fairy tales of all time. This collection is a treasury of every child’s best-loved tales of enchantment and wonder. DVD Info: www.kochvision.com/moreinfo.aspx?number=741952654490

Bloomberg Aug 9, 2011

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