Skip to comments.How to Get Rich from Liberal Delusions (Strategy: Spot a Libtard delusion and bet against it)
Posted on 01/30/2011 8:29:54 AM PST by SeekAndFind
The big one: When liberals borrow and spend our economy toward an inflationary oblivion, investing in tangibles and commodities like oil and precious metal is the smart play.
Real estate is down right now. Investing in residential real estate is an interesting play. When times get tough, families still have to pay the rent, and when inflation takes hold that rent is going up.
I don't care who you are, that thar' is funny!
Seriously, great article.
Very nice, but most of the “liberal” delusions discussed aren’t the kind of thing one can take a short position in.
I mean I’d love to be able to short any “reform” of American science and math education coming out of DEd or any college of education dominated by Deweyites and Vygotskians (meaning virtually any in the U.S.) so I could profit when the actual effect on science and math known is nil to negative, but I don’t see how.
One can’t short the Chevy Volt, one can only short GM, and if their non-U.S. operations turn a profit, one could easily lose on a short position.
So, all we take from the article as actual investment advice is to watch for financial instruments (like “carbon credits”) based on leftist delusions and short those.
What to have a great career with a guaranteed six figure salary???
1) Start a non profit,special learning ‘center’ for underprivileged and ‘educated challenged’ children with a branch to help the parents teach their children.
2) Lobby the gullible left in the state assemblies for aid to “Help the Kids”
3) Hit up guilty lefties for donations
4) Claim that EVERY kid has some sort of learning disability,Attention deficit issues or , has been ignored by the system thereby justifying children ‘attending ‘ the center.
5) Don’t actually teach the children but hire a bunch of psych majors to preach ‘feel good’ rhetoric.
6) graduate every kid who can’t read,write or do math because of self esteem issues.
7) Plead for more money because there ARE NOT enough resources to Help the Kids.
I’ve seen several of these ‘schools’ in Austin, there are rarely any kids there,they have HUGE staffs, and they are a joke.
True, but timing is critical. Bet against it too soon and you lose. Timing the collapse of a bubble is not easy.
"When Bill Clinton federalized Utah Lands, Senator Feinstein's billionaire husband shifted his money to Chinese mining. Why? Because Clinton took known Utah minerals off the market "to protect the environment." Chinese minerals were bound to go up because there are only so many identified mineral sources."
The logic seems pretty sound: when liberals sabotage the United States, invest your money in those who benefit from the sabotage.
I’ve got a few small rental houses now, and have been thinking along the same lines.
I do and I have (see tag line).
Personally, for the past couple of years, I have been betting the government will completely trash the dollar. Made about 50 percent ROI the first year; made about 220 percent last year. Both net after tax.
I'd rather be completely wrong about the idiots in Congress and the Wee Wee, but I figure that in the alternative it doesn't hurt to ease the pain.
This almost unprecedented differential between WTI and Brent cannot be maintained for any significant period of time. Therefore, buying June (or later) WTI and selling same-month Brent against it is a winner BUT, one doesn't know how wide the spread CAN get, might have 8-10 dollars risk in the trade. So, to limit the risk, one does the trade with options, buying June WTI calls and buying June Brent puts. Voila, $ in pocket by end of May, unless WTI and Brent both stay within roughly a 3 dollar range (they won't, btw).
Sometimes one can time the collapse of a bubble.
I’ve always said liberals need a cause in life, because their own lives aren’t cause enough to live.
My hubbies got to see this article.
During the Clintoon years I developed a simpler way to invest.
Never own a mutual fund nor stock/bonds from any company that is controlled by liberals.
Get out of the stock market, when/before the liberals take over congress like when Pelosi/Reid took over. Go for Gold etfs and Silver etfs that thrive during left wing control. You can buy ETFs that short the Dow like Dog when liberals take over the spending in America.
When liberals are in control of congress, never buy any financial paper/% when it sounds too good to be true. Because it is to good to be true.
Obama the Red Avenger
By James Lewis
The French called Hitler a revanchiste a Kaiser soldier of World War I who was aching to avenge that defeat. Hitler made no secret of his desire for revenge. He made it a Nazi slogan. Well, you can have ideological revanchisme as well for instance, a Marxist determination to take revenge for Americas victory against world Communism in the Cold War.
The word Marxist is now used as a kind of a sly boast in academia; I just talked with a professor who calls himself a Marxist historian, and smiles to himself when he says it. He obviously thinks hes a hero by being a Marxist in America. But according to Marxist historians themselves Red regimes killed at least 100 million people in crimes, terror and repression, with still more dying today in North Korea. Thats not even counting the dead and wounded in wars fought by Communist regimes.
Obamas early life indicates that young Barry may have been brought up as a Red Avenger against America. We know that he talks like an anti-capitalist and an anti-Constitutionalist, and that he compulsively apologizes for American actions during the Cold War. The Cold War was not something we started; it was started by Lenin, Stalin, Mao, and other totalitarian mass murderers long before the Korean War and the Vietnam War, our two hot proxy wars in the Cold War.
What we havent understood is how deeply Obama was indoctrinated in the war against America from childhood onward. But every intelligence agency in the world has to have it figured it out, because its all in the public record. Leftists around the world have also known it from day one, and that includes the leading Democrats. Obama was not an unknown to Democrat Party apparatchiks. Or the media. Only the American people were kept in the dark. The media and the Democrats are still doing their Obama cover-up today, and hoping they will get away with it.
“The logic seems pretty sound: when liberals sabotage the United States, invest your money in those who benefit from the sabotage.” ~ Yardstick
OBAMA TELLS SAN FRANCISCO HE WILL INTENTIONALLY BANKRUPT THE COAL INDUSTRY
INHOFE: Well... if you do away with 50 percent of our electricity in America, then those individuals who are generating less electricity by using some other means are going to jump in there and try to do it. The cost to the American people, according to the Wharton School of Economics, the Wharton econometrics survey, would be astronomical. And these people all have money that they can make.
Sure, if I were on the board of directors of GE, that’s making solar equipment and wind turbines, I’d probably say, let’s jump on this bandwagon and do away with coal-generated electricity. We’ll make a fortune. ...”
1/31/2007 CNN transcript - scroll 1/4 down the page to the Inhofe interview copied and pasted below.
China has seen the future, and it is coal
Jim Rogers January 14, 2011
An embittered former Senator and Vice President Al Gore is seen here en-route back to prison after a federal appeals court refused to review his 20 year sentence for GROSS HYPOCRICY for his lead role as spokesman in the Climategate fraud conspiracy.
The same court recently rejected the appeals of the lengthy sentences of the 137 alleged UN scientists Gores co-conspirators for falsifying data supporting so-called Cap and Trade legislation that trial testimony disclosed would have virtually destroyed what remained of the U.S. economy while unjustly enriching Gore and a cabal of insiders.
During his trial, Gore was notified by the Nobel Committee that he would have to return the large monetary prize and the gold metal awarded him in 2009. He told reporters that the last of his prize money and the 100 million or so hed bilked from taxpayers while running his scam had gone to the lawyers and Tipper pawned his medal when she left him for an achondroplastic dwarf NBA center and filed for divorce after his conviction.
>>What we havent understood is how deeply Obama was indoctrinated in the war against America from childhood onward. . . . Only the American people were kept in the dark.
Which is sad, really. I read Dreams From My Father fairly early on in 2008, when it was obvious this guy might be the candidate, and figured it out really fast.
When liberals are in control of congress, never buy any financial paper/% when it sounds too good to be true. Because it is to good to be true.
As much as I wish that what you, or the author of this note, say were true, unfortunately it is not. Take the past two years, for example.
You would have been slaughtered betting against the tech bubble in 1998, which didn't burst until 2000.
Mass psychology is a better guide. Supply and demand, economics and politics merely set the stage.
Obamacare is a scam. However, the Bee Colony Collapse syndrome and flesh-eating bacteria are real. I'm not sure how much the media hypes those (given the media's propensity to exaggerate), but they are the subjects of much research right now. A couple other environmental problems right now are the white nose disease killing off bats, and various factors killing frogs.
Just remember that often the market can remain irrational longer than you can remain solvent.
Those of us who refused to get into the tech bubble in 1998-2000 didn’t lose anything. Fidelity has a new program which shows how your investment has trended since ?. My wife’s and my IRAs have averaged just under a 10% annual increase since the late 1990’s in spite of regular and emergency withdrawals.
I have many friends who lost big in the Clintoon burst and during the Pelosi/Reid crash and the last melt down.. They have the same faulty DNA flaw, wanting to catch the latest bubble, not to miss out.
I’m 72 and my 401/now IRA has doubled since I took early retirement in 1996 in spite of a lot of withdrawals. I started making withdrawals after 2000 on a regular basis.
We have friends, who chased the bubbles and are our ages, who will probably never have a good retirement because of their chasing of the bubbles.
During the Clintoon years, I was on our church’s finance committee and in charge of its short and long term investments. I caught a lot of hell because our investments only increased 6-9% versus the Nasdaq until the bubble burst.
A couple of years after the Nasdaq burst, I got tired of being the target of people who couldnt’ buy postage stamps telling me how to invest for the church. So I resigned.
The Church went to so called professionals locally and at the Diocese level.
Since then our Church took two hits on its regular fund and endowment fund thanks to following the great investment advice from the pro advisors, who were paid good money to issue the advice. First the Pellosi/Reid time bomb went off and then the melt down. Those two combos made the Nasdaq burst look like a minor event.
It's real, but solved. It wasn't global warming, but government stupidity. Our government allowed the use of a pesticide banned in Europe and elsewhere because it killed bees.
Right on. Never underestimate the longevity of a stupid idea.
This is how Al Gore got his billions.
It is better to catch the trend early and go long. When/if the stupid idea collapses, there will still be government subsidies to provide a soft landing.
Interesting article. Unfortunately I think most of the time liberal delusions aren’t something you can make money off of, instead they end up wrecking the country’s economy. The only thing you can do is combat the insanity behind the delusions and try to salvage what you can.
The cause(s) of it has been under investigation since the 90s; I remember seeing posters about it during a student symposium my first year of grad school in 1994. Some of the latest research hints that bees may be suffering from a virus and fungal infection which work in synergy to wipe out the bees.
My investment record is about the same as yours, except that I am in Canada with Canadian stocks. The tech bubble here was basically Nortel and I sold half of that in 1999. I did’t sell in 2008, since the warning signs were limited to the U.S. I was following Bear Stearns, etc., including on FR. When the decline hit, it wasn’t as severe here and bounced back more and faster. Currently, I think Canada is in good shape, with a risk that it will be buffetted by a U.S. decline. There was never a real estate bubble here and now debt-to-GDP at all levels is half of the U.S. level. So I’m not changing my mix. If I were in the U.S. I would be seriously considering reducing my exposure to common equities. But take my opinion with a grain of salt, since it’s a hypothetical from my viewpoint.
One thing I find interesting is that the media only became interested in the colony collapse disorder(s) in 2006; I knew about it in 1994. But then, I am a scientist, and am probably aware of a great deal of things that never make it into the news.
Colony collapse has been blamed on a number of factors. It’s very tempting to blame a pesticide; having a single, easily-definable cause, whatever it may be, gives people a feeling of control over the situation. But nothing is ever that easy. The causes of colony collapse disorder are still under investigation, as they have been since the 1990s, but no one yet knows what they are.
In the 90s, it was thought that mites were the culprits. Nearly 20 years later, an answer is still being sought.
BTW, many of the pesticides (even the “natural” ones) that you buy at the store kill bees. Pesticides really aren’t very picky about which insects they kill.
EWC was one of my favorite ETF’s after I got basically out of mutual funds.
Fortunately, I had stop loss orders on EWC and about 20 other ETF’s when the first Pelosi/Reed tidal wave hit, starting the week of 12 May 2008.
Every continued to bottom on out and the near collapse in Oct 2008 pushed things to the bottom even faster.
The past year and a half has shown an excellent bounce back by EWC versus our S&P.
Some of the ETF traders say that bounce may be too fast.
Thanks for the feed back.
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