TAX SELLERS FINALIZE TODAY FOR 2011 LOSSES

Astoria , New York

With the 2011 market year coming to the end, tax sellers have only a few hours left in the United States to sell their position to get a tax loss on their tax return. Some sellers came in late this week to sell their positions. Selling their stocks late may cause price fluctuations to the downside especially for micro caps. Swaps from one equity to another could be a valuable tool here, since tax sellers have to wait one month before repurchasing the sold equity. " Also, beginning with 2011 , 1099 statements now disclose the purchase as well as the sell price of each transaction. This will allow the taxing authority to view if there is a gain or loss on each trade for tax purposes. " FPG added.

MERRY CHRISTMAS 2011

MERRY CHRISTMAS TO ALL AUDIENCES AND FOLLOWERS TO THE REAL ECONOMIST

* CHRISTMAS DAY ON THE DECEMBER 25TH FOLLOWS ON THE SAME DAY AS THE ROMAN EMPERORS' SOL INVICTUS

Astoria , New York

The management of this blog spot wishes everyone Happy Holidays. With Christmas tomorrow December 25th , historians are debating if the Roman Christians and the breakaway Byzantine Orthodox followed the Roman Pagan and later only God Sol Invictus feast and birth day. " We know that Sol was initiated in Syria from evidence. Also many pagans eleswhere saw the sun as a form of deity. " FPG said. When Emperor Aurelian in about 274 AD made the official claim of Sol Invictus as only God of the Romans, it was because he was victorious in his campaigns against the enemies of Rome. Temples were erected and there were annual celebrations of this God.

The December 25th date coincided with the Winter Solstice period. " We don't have historian evidence that this celebration took place on December 25th at the time of Aurelian. This occurred about a century later when the Christian religion was already accepted by the roman emperors. Whether or not this is coincidence both Roman Pagans and Christians were celebrating on the same day. " FPG finalized.

PRINCETON SECURITY DECLARES 1 CENT DIVIDEND

Princeton Security Tech based in New Jersey has declared a one cent dividend payable to shareholders at the end of December. For additional info, you can review its latest 8 k filing. Princeton Security ( PSGY ) is a technology company that manufactures radiation , x-ray and nuclear detection equipment.

LARGE COMPANIES CAN AFFORD KICKBACKS, MICROCAPS CAN'T

Astoria, New York

The big keep getting bigger while the small get smaller may be real when it comes to persuading clients to use their products with kickbacks. Medtronic is now paying more than 23 million to settle allegations by the Us Dept of Justice for paying these to doctors to encourage them to use their medical devices , as reported by Yahoo News. " Doctors have to buy what is best for them and their patients but sometimes, they are not going to get probably the same service they get from a Medtronic, a Ge or a Boston Scientific. A kickback on top will definitely seal the deal for the doctor to be devoted to one particular product. " FPG commented. Mass production and lower costs of the product doesn't mean that the product is better than a product made by a micro cap. There are laser companies, medical device companies and other technology companies out there that offer better products but are faced with a capital crunch. Large companies know that and that's how they are able to inflict damage. Take for example Lumenis, one large laser company, based in Israel,that was able to fiddle with Trimedyne ( TMED ), a micro cap headed by Chairman Marvin Loeb and his family. The company claims to have a better product but Lumenis was able to sell more as well as infringe on Trimedyne's fibers. Immagine that Loeb was a poor man. Trimedyne might not exist today. Instead, Loeb injected family money into the company and went after monster Lumenis. The conclusion was a early this year settlement of 2 million dollars for Trimedyne and royalties for the short term. This injected fresh capital into TMED has provided a wild card and hope for the future. Meanwhile Loeb has also engaged an investment banker to explore other oppurtunities. " The bottom line is money and the power of persuasion. Hopefully this settlement can be a lesson to other large companies." FPG finalized.

THE REAL ECONOMIST BECOMES SISTER BLOGSPOT TO BERLUSCONI ITALIA

Astoria, New York

Berlusconi Italia ( www.berlusconiitalia.blogspot.com ) is now joined by The Real Economist (www.therealeconomist.blogspot.com ) as sister blogspot. " This means that news among sites will be shared continuosly. With the worldwide economy being in disarray , I believe that economic issues as well as political ones will benefit both blogspots . " FPG said.

MARKETS JOLTED UPWARDS ON LAST ROUND OF BANK EASING

Astoria, New York

China ignites a monster rally after a round of bank easing to stimulate the economy. After being down in the morning, European markets revert and soar to the upside 4 percent across the board. Wall Street followed as the Dow closed above 12,000 with a near 500 point monster move. " This is a positive day for the markets that have been battered because of European woes , but caution is still in peoples mind as they may trade into these wild swings. " commented FPG. The rally affected mostly larger equities with the smaller and micro caps lagging behind. " It is my belief that these micro caps, after being pressured to very undervalued levels lately, will be able to shoot up quickly in the near term. The issue is finding the right one with the ingredients that will facilitate a comeback rally" added FPG. Back in December 2009 , a microcap named Implant Sciences (IMSC) traded at 3 cents. Today, it is trading at 70 cents wuth no reverse split. " You can be holding the next power micro cap in your portfolio and you may not even know. Frustration over good tiny microcaps can lead to an excessive negative performance of these equities before a monster recapture of valuation rally begins. "

EUROZONE HOPES AND RETAIL SALES SEND US FUTURES HIGHER

Astoria , New York

Worldwide markets are soaring and that was good for US futures as they are higher by more than 2 percent. Retailers did very well in post Thanksgiving sales and they are forecasted to be about 1 billion dollars more than last year. " We need to see item sales versus total sales as I may see inflation trickling into all of this, but even so it is very good and a morale booster for the economy. " commented FPG. " With the euroone, it has been a cat and mouse game and every time there is hope, that bodes well for the markets."

CAN RETAILERS REVERSE NEGATIVE WEEK DOWNTREND?

Black Friday or perhaps Black Thursday night for some stores has begun early for US retailers. Best Buy on Northern Boulevard in Woodside , Queens had between one thousand to two thousand early bird shoppers in the midnight hour early Friday morning. " The line of shoppers waiting outside was wrapped around the block. Hot items on sale were computers , flat screens and gaming equipment. " said Berlusconi Italia blogger FPG. Target in College Point had an almost full parking lot of cars. There were people on line but I was able to get in after 10 minutes. A security guard advised that the line was very long before the store opened at midnight. More than a thousand shoppers were at that location too. There were many items on sale. People snapping up flat screens , cleaning equipment , gaming items and towels. " I believe that people are coming out to buy hoping for a good deal and they are getting a lukewarm welcome from retailers. Deals are not that hot but good enough for bargain hunters " commented FPG. Police presence was evident as retailers try to prevent any stampede. Markets may signal some reversal in the negative trend of the past week once retailers begin to release their sales.

THE LAST TIME NORTH AFRICA HAD PROSPERITY WAS UNDER THE ROMAN EMPIRE

* THE VANDALS TAKE AWAY NORTH AFRICA FROM THE ROMANS

to be continued

TURMOIL IN ITALY LEADS TO A RISE OF AN ECONOMIST

Astoria , New York USA

With the end of Berlusconi fourth government in the last 17 years, another government forms. This is one is headed by Mario Monti , a well known and respected economist. He holds an economics degree from Bocconi University in Milan and has completed graduate studies at Yale University. He has been appointed to European Commission in 1994 and was instrumental for the blocking of the merger between Honeywell and GE. Italy has a significant amount of debt and has been said that a default of this nation could have serious repercussions around the world. " Monti's job will be a difficult one as he must implement austerity measures to manage Italy's excessive debt. The real economist blogspot will monitor the new Italian government and its progress in fixing its massive problems. " finalized FPG.

MAYOR BLOOMBERG SAYS TO BLAME CONGRESS FOR UNITED STATES PROBLEMS

* NOW WE KNOW WHY MAYOR BLOOMBERG MAY NEVER BE PRESIDENT OF THE UNITED STATES
Astoria, New York
As reported on Yahoo News, Mike Bloomberg has blamed the United States Congress and banks in the United States for the mortgage meltdown and sinking real estate prices. The billionaire mayor who has made his fortunes on Wall Street and real estate has made the comments in response the Occupy Wall Street Movement. "As a real economist, I understand Mike Bloomberg's frustration with the disruption caused by Occup Wall Street but I don't understand the blame game against the United States Congress. Congress is made up of Democrats and Republicans and they represent the people of the United States. By blaming them, you are blaming the entire United States and its capitalistic structure." said FPG. Blaming the US banks and investment institutions is okay because they are the ones who create all kinds of investment vehicles that have caused the demise of the mortgage market. Perhaps Congress woke up too late when the meltdown already began before acting, but the blame cannot go to them. " I believe that the comment against Congress is not beneficial to the three time mayor and perhaps it sends us a signal that Bloomberg will never be President." finalized FPG.

ECONOMISTS ARE NOT LIKE DOCTORS

Astoria, New York City
"Two separate professions with different end results" says FPG. Doctors have one thing in mind and that to cure a patient and make sure that they do their best at it. They don't want a little mistake that can become a big lawsuit and cost them their medical license. With economists, they can make plenty of inaccurate predictions and nothing happens to them. Life goes on. They will make a comment saying that they did not know or they did not expect something to happen that changed the end result. How accountable is your economist to what he or she says? "No accountability whatsoever. Just bite the bullet." says FPG. " Doctors have no easy way out, but economists do. Economists can destroy the economy by advising banks and politicians." FPG recalls Larry Kudlow as he twisted the real estate question 's answer around to make it look like that he was correct. " There are many Kudlows out there and that has a devastating multiplier effect" finalized FPG.

IS OCCUPY WALL STREET FOLLOWING THE ROMAN PLEBEIANS OF 494 BC?

Astoria, New York
It was 494 BC when the plebeians of the newly formed Roman Republic rebelled against the patricians who controlled the city of Rome. After more than two centuries under the rule of the roman kings ( Rome was founded by king Romulus ), most of the citizens of Rome were plebeians. They did not share the wealth and the power of the patricians who were the minority. The plebeians were the artisans, the shop owners, the flea market vendors, the bakers, the farmers. They were people who had to work hard to earn a living. And still, they had to pay high rents to the enriched patricians who took away their working pot earnings. Today in New York City, a new movement, inspired by the ideals of the working Romans 2 and half milleniums ago, is the so called Occupy Wall Street Movement. While the Roman Plebeians left Rome and went to Mons Sacer ( Sacred Mountain ), the protesters of Occupy Wall Street have remained in New York City and have made Zuccotti Park, near Wall Street, their sacred home. The Real Economist Blogspot will continue to monitor this situation as it grows throughout other US Cities. " This is all about economics and the politics of money " said FPG. " When you try to play with economics like many politicians and economists do, you get these undesired results in the population unrest against aristocracy. Capitalism is a beautiful thing in idea but when it comes down to the facts, it is something that is manipulated with." FPG blames rising costs of necessity items and the greed of management of public companies who take advantage of normal shareholders by giving themselves all kinds of perks and bonuses besides getting high salaries. " I believe that this is a difficult journey for Occupy Wall Street protesters due to legal complexity surrounding Wall Street aristocrats and fat cats. We all should know that the legal power of Wall Street is more powerful than any other out there and to break it, it might take to power of something even bigger and that is the might of the US Government."

THE REAL ECONOMIST KNOWS REAL VALUE

A real economist knows what value means, not like fake ones that have talk shows on CNBC. On a show today on FOX Business, they talked about inflation and some products that rose in the last 12 months. Corn has soared more than 100 percent, gasoline more than 33 percent but poultry only 2.2 percent. Many food items have risen 10 or more percent and this is putting a strain on many people as they lose their buying power in the midst of no increase in their wages and almost non existing bank interest. Going against this increase is the price of real estate. But one guy, one economist known to us all, one guy who loves to comment on politician and tax laws, Yes, that infamous guy known to us as the chief economist of the once Bear Stearns, Larry now host at CNBC, protected the values of real estate on a formula with M1,M2
he created, but insinuated that he cannot comment on the direction of this very important sector of the economy.