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Blog Watch: Stimulus Policies Create ‘Target-Rich’ Environment, Says Burrell

blog_watch_225px-wJune 11, 2008 (FinancialWire) — Noting the Dow’s (NYSE: DOW) near 2,000-point rise since bottoming, and the S&P (NASDAQ: SPX) hovering in the 950-point range, Investrend Weblogs’ Bud Burrell cites his own prediction that “logic would dictate a market bounce triggered by the inflationary impact of historic stimulus spending in all forms.”  Burrell further cites that “Commodity prices are soaring, even as the dollar index is trading at 80.”

Also from Burrell’s post:

“Every key signal of pending inflation of an historic character is now on the table. The best minds I work with are most concerned about the monstrous impact on things that are used to produce products, ship products, grow foods, deliver foods, and more, across all relevant spectrums most directly affecting the lower and middle classes.

“The current global crises are being used as an underlying foundation for the draconian implementation of unproven, untested plans across the board, even while the USG takes actions that, in the 1930’s, were ruled to be Unconstitutional.  One particularly offensive quote comes from within the White House itself, ‘Never let a good crisis go unutilized.’  Here they speak of using these crises as a foundation for implementation of plans and programs that would change the core character of the American Economy and our political system…”

Burrell’s entire Investrend Weblogs post (accessible via http://infoescrow.net/?u=http://www.investrendweblogs.net/) included this disclosure statement: “Investrend does not edit the weblog content posted in this section. Investrend Weblogs content is posted as it is submitted by its authors, and weblog content may not reflect the views and/or opinions of Investrend.  Also, authors may trade in subject securities and/or otherwise have a vested interest in other securities and/or funds and/or companies, either directly and/or indirectly related to content appearing here.”

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