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Santiago Big

The Tea Party Will End The Printing Party

As we all know by now most Americans are sick and tired of the Democrats and the Republicans. Just look at President Obama's approval rating which is now around 46 percent. They are certainly not happy with him and the Congress approval rating is even lower. However, as bad as his approval rating is the former president and administration was just as poor and at times possibly even worst. Simply put the American people want to take back their country and believe that both parties are spending addicts on the back of the American individual that works and pays taxes. The United States has accumulated a $13.5 trillion debt. Who is going to pay for this?

The Tea party wants to pay down debt and cut spending which is the opposite of what the Democrats and the Republicans have done over the past 30 years. This is a movement that is growing exponentially among the working American public. The Tea Party is filled with former Republicans and Democrats. This movement knows that the current path the traditional two party system has taken America is unsustainable and will lead to the demise of the country. After all the S&P 500 Index is still around 27.0 percent below its 2000 and 2007 highs. Do the American people want another lost decade in the economy?

Here are the reasons why the Tea Party will spoil the current market rally:

The first reason is because the Tea Party will stop the printing of money by the Federal Reserve Bank. As the central bank continues to print money and floods the system will liquidity the U.S. Dollar Index declines. Therefore, even if stocks go up they are actually worth much less because they are denominated in U.S. Dollars. Why do you think gold is making new all time highs right now? Gold is a way of telling how much money is being printed. Gold is the only true currency in the world. Fiat money systems eventually all fail.

The second reason why the stock market will roll over is because the spending party in Washington by the Democrats and the Republicans will be over. The Tea Party will most likely stop all the special interest programs that currently seem to be so popular. At this time the spending is out of control and really cannot be calculated. The 2500 plus page laws that Congress writes are filled with so many different pork filled special items. For an example, new rules about gold being put in the health care bill. What does gold have to do with a health care bill? Has anyone ever read a 2500 page bill before it becomes a law? I seriously doubt it.

The next reason why the Tea Party will end the way America currently operates is because they will get rid of the too big to fail rule that is currently in place. Do you realize that these giant banks still have tons of toxic assets that have been shoved under the rug for the time being. Just because the country has now switched to Enron accounting this does not mean that this nuclear waste can stay hidden forever. Banks such as J.P. Morgan Chase & Co. (NYSE:JPM), Wells Fargo & Co. (NYSE:WFC), and Bank of America Corp. (NYSE:BAC) have actually become bigger than they were in 2008. Then when you consider that regional banks fail every week they actually have less competition. This will not be tolerated by the Tea Party. Nouriel Roubini says, "if the banks are too big to fail they are too big to exist." The Tea Party agrees. Please note that the banks have been lagging the rest of the stock market since the Labor Day rally began.

The Tea Party is a true breath of fresh air. As long as the Tea Party does not get corrupted and remains a movement, this country is about to reinvent itself. There will be pain. A mother is usually in agony for a short period before giving birth. However, that pain is forgotten when the child is born. This is what is happening now in America. Go Tea Party!

Nicholas Santiago
Chief Market Strategist
www.InTheMoneyStocks.com

About the Author

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets.

please help me I have a really big problem?

How to go to RAD Estate Blg. 1485 Quezon Avenue, Quezon City and 3rd Floor BIR Blg. Quezon avenue, Cor. Scout Santiago, Q.C. coming from S.M. Fairview? Can I get a cedula in Quezon City Hall? Where in Quezon City Hall?

first, cedula or ctc (community tax certificate) can be availed at QC hall. from SM Fairview, take a southbound bus, they charge more cheaper than jeepney. alight at east ave., there you can cross and just follow the covered pathwalk to the building on your left. ask the guard.

second, to get to the BIR bldg, where your future office is located, go to philcoa and ride a quiapo bound jeepney and ask the driver to drop you off at BIR bldg. the building is a 5-minute walk from quezon ave. a dark gray bldg and there's a road from quezon ave leading directly to it.

third, about the other requirement, you can ask the hrd to give you an ample time to produce them. tell them your situation and i'm sure they will understand.

when you're in QC hall, try asking the guards for the satellite offices of gov't agencies such as bir, philhealth, and nbi. it's a one-stop shop out there.

goodluck and congrats for your new job.

Widor Santiago Big Blue Festival