Benny’s picks & predicts BLOG
Benny … “The Smartest Cat in the Room”
benny@AskBennyTheCat.com
BENNY’s NEW PREDICTIONS
POSTED: Sunday 7/26/2009 @ 11:05pm MST-Arizona
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Hello Benny Fans! Record profits for dead-broke banks? Unemployment up and economy down, but companies reporting record quarters? Something smells like rotten tuna!
Hey Benny Fans, go to the Perfect Pet Feeder link below and check out who’s on their home page in a featured story…that’s right, Moi! Week #17 of my diet and I’m continuing on my quest to lose those extra pounds I put on over the winter! I lost 12% of my body weight in the first 8 weeks and I continue to drop the pounds! My latest progress picture is up – so check it out!
From the “Isn’t that a coincidence” department . . . curiously, a year before any reported case of the current alleged H1N1 flu, a major pharmaceutical company, Baxter, filed a patent for a vaccine for this exact strain of swine flu (Vaccine Patent Application US 2009/0060950 A1). How could they have known that we would be having a “pandemic” soon? Millions of doses containing highly toxic aluminum hydroxide are being prepared to be force-fed to the gullible American public. Line up and get your shot of swine flu, oh sorry, I meant your swine flu shot today!
Bonuses are back! Yes, banks are paying higher bonuses in 2009 than in 2008. Goldman Sachs is on course to pay out $20 billion or $700,000 per employee and JP Morgan’s bonus pool for the first quarter of 2009 is up 175% to $3.3 billion. Similar bonuses are planned at the other major banks. Central banks and governments worldwide have spent trillions of dollars temporarily propping up a totally bankrupt financial system and now a few months later, the banksters are back earning absurd money working for a banking system that is still bankrupt. Doesn’t this just frost your fur?
Inflation is not coming anytime soon despite all the talk you hear about the government “printing money” like there’s no tomorrow. They are not printing money, they are creating debt and giving money to insolvent banks who refuse to put it out into the economy. You can’t have inflation without the money flowing wildly into the economy.
Since so many people now owe more on their home than it’s worth and the banks aren’t returning their calls for help, Benny has a plan for you to eventually own the home of your dreams. If you have been faithfully paying your high mortgage payment on a piece of property that drops daily in price, stop paying on it. Take that mortgage payment money and buy gold instead. Find a place to rent as cheap as possible (or move in with your kids) and put the difference between the rent money and the old mortgage payment into gold each month. Then in a few years, take the profits you made on gold and the principle and go pay cash for your old house! Look at all the money you saved!
Read about how all asset classes are in a free-fall at this way cool site where I go to get all my “secret” information!
Watch out for these stocks to go up… SPWRA (SunPower Corp.), WAG (Walgreen’s), YUM (YUM! Brands), SYNA (Synaptics Inc.), and CPSI (Computer Programs and Systems).
And here’s my “dogs” for the week (notice they call bad performing stocks dogs!) . . . OSIP (OSI Pharmaceuticals), COL (Rockwell-Collins), DRI (Darden Restaurants), USM (U.S. Cellular Corp), and BK (Bank of NY Mellon).
Here’s a head’s up, Benny Fans! I read in the CR News Reports© (the source for my wisdom) where more and more money is pouring into the market from retail investors. However, at the same time, insider selling is at a high. This smells fishy, and I don’t mean in the good way . . . you know, like Yellowfin Tuna Florentine. I mean that you better watch yourself out there. Someone’s looking to pull the plug and flush the little fish down the toilet over the next six months.
Did you ever realize that the news is never new? It’s a history lesson by the time you receive it. Get the News Before It Happens…..Click on this link . . . www.CRNewsReports.com . . . and sign up for the FREE 14-Day Free Trial. Your Life, predicted ahead of time! Finances, Career, Relationships, World Events and more! Why wake up to the news when you can get the news that wakes up the World?
When all the stores at the mall close up and commercial real estate developers are insolvent, what will we do with that space? Find out at this blog entitled “Ghost Malls.” You don’t want to miss this brilliant commentary.
Get the economy moving again…invest some of your money in something that will give you a long-term return – a Benny Mug! Prove your Benny fandom and start your day with a giggle! . . . Meow for Now! . . . Benny.
Tags: banksters are back, dead-broke banks, mortgage payment, swine flu, swine flu shot
