Dichotomy

     One often reads that we are passing along the outsized costs of today's government to future generations, but that is wrong.  We are not.  They are, they being members of the American Communist Party, who came out of the closet upon nationalizing the Treasury bond market a while back to keep themselves in power.  Under the former free market system, interest on the burgeoning federal debt would've risen to appropriately outrageous levels, driving voters to send these failed politicians packing.  That free stuff everyone talks about is only free by way of illusionary diversion.  A magic trick.  In reality, investors are already paying a devastating price for it through their loss of secure income from what used to be safe investments before the commies severed government's longstanding pact with the people to conduct its financial affairs responsibly.  The other shoe is scheduled to drop at some point in the future with one humdinger of an economic breakdown, followed by the mother of all Great Depressions.

     We here at The Post feel that these two events will be rolled into one with the simple acknowledgement that our beleaguered nation became The United Communist States of America with the aforementioned nationalization, the transition peacefully consummated some years later with the central bank acquiring 51% of every common stock held in the public arena.

     No runaway inflation.  No market crash.  Simply the total loss of personal freedom.  That will be the economic humdinger, followed by the mother of all Great Depressions: life under communist rule.  It will start with the cessation of all dividend payments, based, of course, on legal stockholder votes, concurrently replaced with deposits of egalitarian amounts from the United States Department of Health and Human Services.  Egalitarian in the sense that single mothers with large numbers of mouths to feed obviously need bigger bank deposits than you.

     No, we are not passing along squat to future generations.  They are.  People, it's long past time to correct anyone who says otherwise.

Armed Robbery, Brazilian Style

     A recent incident outside the Olympic Village had four American swimmers handing over their wallets to gunman after three of the boys were ordered down on their knees and demands had been made of a fourth to do so at gunpoint.  The Brazilian government claims this was not a holdup because the gunmen were "security staff" making the boys pay for something they'd broken.  Later, officials took two of the athletes off their flight home and seized their passports to make them say whatever the government wanted them to say before being allowed to leave the country.  A photo-op demonstration was staged at the airport, stooges chanting "liars", when the two walked through the terminal after being released by interrogators.

   Meanwhile, the United States Olympic Committee (USOC) issued a statement apologizing for something, though it wasn't clear what, stating, in part, that "an argument ensued between the athletes and two armed gas station security staff, who displayed their weapons, ordered the athletes from their vehicle and demanded the athletes provide a monetary payment."

     Ignoring whatever precipitated the armed robbery as irrelevant, how is that last part not armed robbery?  We're told this wasn't the only Olympics-related holdup, and are anxiously awaiting an explanation of the laws in Brazil, if any, covering gunmen loose in the streets.

     This story comes at a time when Americans are wondering why we're being screwed through trade agreements all across the globe.  Maybe the day has arrived to pull out of these POS treaties with these POS countries, and the games are just showing us why.

Their Current Market Forecasts

     We hate to keep repeating ourselves, but nobody else seems to get it.  Central bankers have successfully nationalized the United States Treasury bond market, and because the commie propaganda machine has been looking the other way, all guruland is pretending like it never happened.

     Do you think our Central Party is going to privatize anything they've gotten their filthy pinko hands on?

     Of course not, and such being the case, we will never see a secular rise in interest rates again.  Since our totalitarian leadership in Washington intends to eliminate the need to ever pay the free market cost of uncontrolled commie spending,  the fraud of calling these obscenities "interest rates" will continue, bringing whatever they really are close to zero, OR LOWER, and keep them there.  As Federal budget deficits are just going to sky higher and higher into the financial stratosphere, any hope that the Trotskyites will return debt financing to a free market arena is laughable.

     That makes large cap, blue chip, dividend-paying stocks the only major public source of long term income that won't screw the income investor over when future maturity dates roll around.  Oh, you can hold T-Bonds for "safety" if you ignore inflation, or as trading vehicles, but the risk involved in considering any long term debt instrument for income has gone off the charts under current Marxist rule.

     Face it, the sector of our stock market that contains the aforementioned issues, as tracked by their own very specific indices such as, for example, the Dow Jones Industrial Average, will have to just keep going up, up, up over time.  The law of (diminishing) supply (through buybacks) and (increasing) demand will make it so.  Price action has been reflecting this "market theme" for a while now, and that's not going to change any time soon.  Ever, if the commies are allowed to run amuck, as the propagandists' treatment of Donald Trump's Presidential campaign suggests they will.

     Valued subscribers, please keep these points in mind when reading any financial forecast that scrolls across your screen.  Without going here, the depressing place we've just shown you, today's fortune teller has no idea what he/she is going on about.

     And, near as we can tell, possibly never will.

Our Current Market Forecasts

     The 1% got the bulk of its money by pilfering ownership interest from middle class shareholders through a massive theft of Average Joe's family savings deliberately mislabeled "stock options".  Over the past 36 years and counting, CEO's and them have used these criminal asset seizures to obscenely enrich themselves and pay off politicians for enabling such elicit activities, the pack of them coalescing into the Central Party that now runs Washington.

     More recently, central bankers across the globe have shut down free markets in sovereign bonds pretty much everywhere important as a means of preventing wild-spending politicians from facing the kind of interest rates that would've otherwise driven them from power.

     Today, investors far and wide are confronted with the wealth confiscation tax deliberately mislabeled "negative interest rates".  Under any kind of economic theory that makes sense, actual interest rates stop at zero.  Quoting anything lower than that is simply misdirection - the con artist's way of telling you he's not levying a tax on anyone now suckered into, or required to, pay a tax to park money with some governmental financial arm.

     To the extent that numbnuts everywhere accept the frauds and the fraudulent terms without as much as casting a wary eye at these big time crooks, the world probably deserves what it's getting: totalitarian communist rule.

     None of this could've been foretold, so we at your MacDougal Post have decided to go there to find out where it'll all head next.  Taking into consideration everything we can possibly predict that couldn't possibly be predicted to actually happen as of this point in time, your staff has come up with the following forecast:

     1) neither Donald Trump nor Hillary Clinton will be elected to run the country during the next presidential term; (our best guess: this probably means that Bill Clinton will return to power through the back First Hubby door);

     2) U.S. financial markets will continue to advance broadly for at least 4 more years, dropping interest rates on all investment grade bonds, including corporates, into that wealth confiscation tax zone and lowering dividend yields on blue chip large caps down remarkably closer to zero than the kind of integers the world has gotten accustomed to seeing over our former years of free market capitalism;

     3) China will pull off another statistical hoax convincing the world government propaganda machine that the age of dramatic global economic prosperity has reawakened, and numbers everywhere will start spraying forth in epic growth mode once again.

Non-GAAP Earnings

     In the comparably normal times of yesterdays past, homeowners generally could expect the value of his/her/their house to appreciate over the period of time that he/she/they would be holding it.  Convert the casa to a rental property, however, and you found that Uncle Sam let you assume otherwise, and take a hefty depreciation charge against rental income based on a fictional view that the property would inexplicably now lose value over those years.  Furthermore, the accounting profession, through its Generally Accepted Accounting Principles (GAAP), sided with Sammy there.  Go public with this venture, and in their annual and quarterly reports, shareholders would receive the fictional account of what was not really going on here.

     Such nonsense occurs all over the business world's books and records, and not just with depreciation either - or because of Uncle Sammy.

     Our staff CPA started out as a Wall Street security analyst back in a prior century.  At that time, he and his compadres adjusted all kinds of stuff so that investors could see what they needed to by way of earnings, basically the number of greenback dollars really earned for shareholders and actually available for corporate purposes, including but not limited to stockholder dividends, capital projects, and reserves.  (In the above realty example, big bucks that had been classified as annual depreciation would usually get reduced to the relative pennies spent on asset maintenance.)

     CEOs and them always chafed at this process.  It made them look bad.  Like they were reporting fictional numbers, which they were, and using real secret numbers to run the business, which they also were.  So, wisely, CEOs and them decided to do something about their pathetic street cred.

     In today's times, corporate America has rightfully grabbed the bull by the horns and appropriately reports both of the numbers that have always been needed, GAAP earnings and non-GAAP earnings.  Our guy says this is the way it should be.  Accounting jocks with access to the real books and records are doing the due diligence rather than seat-of-the-pants-quant-flyboys like him.

     Some would have you think otherwise.  Surly reprobates would have you believe that GAAP produces some kind of holy word sanctified by an accounting religious order.  Valued subscribers, that is a crock.  Whatever the issues are with an earnings number, or all of the earnings numbers as some ill-mannered, bookkeeping-disadvantaged, agenda-proclaiming commentators incorrectly postulate, the sanctity of GAAP is not among them.

     Non-GAAP was, is, and probably will always be, the only way to give shareholders an important and inescapable part of everything they sorely need to know.

Impeach Obama

    The nation is at war with allied guerrilla military forces successfully operating on two fronts.  Both the Muslim peoples and the Black Race are deploying copycat tactics, massing non-combatants at strategic points on the battlefield to hide the assault teams launching their deadly attacks.  With the death of five officers and the wounding of six more by a sniper concealed among throngs of what enemy propaganda would have us believe was a "peaceful demonstration" in Dallas, the time has come to take appropriate action: 1) declare war and 2) call in the National Guard to protect civilian policemen from what clearly has, as stated by the latest insurrectionist, become unlawful assembly by enemies of the White Race specifically intended to establish the killing zone for their guerrillas whenever and wherever such uprisings are staged by enemy leaders, 3) identify and arrest the rebel leadership organizing this widespread unlawful assembly, 4) deploy armed military force to destroy sharia law as it pops up throughout the land, and 5) impeach Barack Hussein Obama II, whose wanton inaction has made this bloodthirsty outbreak happen.

     Enough is enough, America.  Take your country back.

The Enemy Strikes Again

     In the aftermath of the latest incursion against the White Race, in which, at latest count, 5 policemen were murdered by the insurrectionist(s) and 7 more wounded, propaganda organs serving the Central Party in Washington came out firing their own volleys, against truth, of course:  1) the NY Times passes the incident off as a mere "ambush" while the NY Post is censured mercilessly for appropriately citing "Civil War" in its headline, 2) a former congressman is accused of trying to do Obama harm for pointing out that the racist s%n%f#b!tch incredulously fueled this kind of violence with treasonous comments after that lowlife got gunned down attempting to grab an officer's weapon while fleeing a robbery the lout had just pulled off in Ferguson, Missouri, 3) the American Communist Party (still functioning under the pseudonym, "Democratic" Party all these months after central bankers seized the U.S. Treasury bond market, effectively nationalizing it to keep the wild-spending commies in power) accelerated calls for gun control to keep Whites from shooting back, and 4) nihilists throughout the pinko media pulled out a Huffington Post piece from last April telling us "Rival White Supremacist Groups Unite to Fight 'Race War'".

     Your MacDougal Post staff suggests that valued subscribers who haven't signed on yet use the Huffington list as a starting point in determining where you'd fit in best.  The White Supremacist Groups mentioned there are:

1. Loyal White Knights

2. National Socialist Movement

3. Aryan Nations

4. Texas Rebel Knights

5. America First Committee (Art Jones)

6. Racial Nationalist Party of America

7. SS Action Group

8. Phinias Priesthood

9. Aryan Strikeforce

10. NSDAP/AO

11. Pacific Coast Knights of the KKK

12. Racial Volunteer Force

13. Great Lakes Knights KKK

14. Werwolf 88

15. Aryan Terror Brigade

16. White Nationalist Front (Canada)

17. Authoritarian Party

18. White Wolves Invictus

19. United Society of Aryan Skinheads - USAS

20. Nordic Order Knights KKK

21. Traditionalist Workers Party