Presented without comment, merely to confirm that the market as we know it, no longer exists.
Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management,
It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator.
The reason for my decision to pull the plug was excruciatingly simple: I could no longer tell my clients that their monies and positions were safe in the futures and options markets – because they are not. And this goes not just for my clients, but for every futures and options account in the United States. The entire system has been utterly destroyed by the MF Global collapse. Given this sad reality, I could not in good conscience take one more step as a commodity broker, soliciting trades that I knew were unsafe or holding funds that I knew to be in jeopardy.
As an Independent, “middle of the road voter” I share much of the Conservative electorate’s frustration and mistrust of Obama and the left wing Democrats in general for their role in the “sell out” of non ruling class Americans in “deals” such as General Electric’s looming move to China, as well as other liberal left Democrat “causes”.
But let’s not forget that most Corporate “power brokers” -, including “hip pocket politicians” and Corporate attorneys who presided over letting Wall Street get away with financially “blind siding and stabbing” millions of “non ruling class” Americans –, “in the back” with loan sharking deals–, are Conservative “Fat Cat Wall Street type Republicans. You can’t get any more unprincipled, unaccountable, predatory and “finger pointing hypocritical than that, at least in our political system.
By the weekend, news reports indicated that the congressional Super Committee was closing in on an agreement. The deficit-cutting panel is mandated to trim at least $1.2 trillion in federal spending over the next ten years and, failing an agreement, automatic cuts would begin in 2013, after the national elections.
In days, however, it was clear that there was no agreement and the Super Committee, as Congress has always done, was looking at a variety of gimmicks and magical thinking to avoid having to address what is now a $15 trillion national debt, more than an entire year’s Gross Domestic Product.
A friend, whose opinion I value in the extreme, continues to assure me that Obama will lose in November of 2012. I, on the other hand, continue to be dubious… also in the extreme.
Recently, I received an email from a conservative democrat friend who told me, flat out, that the republican field does not look well, at all, and he is beginning to believe that Obama will be returned to the Oval Office for four more years as a result. He wants Obama gone, too.
The American Left has been railing about Justice Clarence Thomas. His wife, Ginni Thomas, is a Tea Party supporter, and the CEO of LibertyCentral.org – a 501(c)(4) that focuses on the value of liberty with “insistence on limited government.”
The Left believes that Justice Thomas would be unable to render an impartial decision on Obamacare, the Constitutionality of which will be determined by the Supreme Court when they hear oral arguments in March of 2012. The Left argues that because of Ginni Thomas’s work that Justice Thomas will be skewed in his decision making, and are demanding that he recuse himself.
Syrians continue to be victimized, not only in violent clashes with the Syrian military, but also by regional and international players with various agendas.
Protests in Syria began on January 26, and a more inclusive uprising was set in motion on March 15. The initial demand was for serious political reforms, but this was eventually raised to a demand for full regime change, encompassing the unconditional departure of President Bashar al-Assad and his Baath Party, which has ruled Syria for decades.
Recently, while perusing headline in various publications across the land, I came upon an article about a group of ‘occupiers’, who had commandeered an abandoned building in Chapel Hill, NC. The group called themselves – what else – “Occupy Chapel Hill.” WOW – was that original! What an expensive education these useful idiots must have received to come up with that name.
Upon reading their Chapel Hill Manifesto, I decided to post a comment to their blog. It’s now nearly midnight of the day I posted my commentary – and they have rejected it. Surprise, surprise! I’ll share it with you here – and once you have finished reading it, read the commentary which follows. I didn’t write it – but it sure fits the OWS crowd – to a tee – or is that ‘Tea’?
"Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same." ~ Ronald Reagan
It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator.
As an Independent, “middle of the road voter” I share much of the Conservative electorate’s frustration and mistrust of Obama and the left wing Democrats in general for their role in the “sell out” of non ruling class Americans in “deals” such as 
By the weekend, news reports indicated that the congressional Super Committee was closing in on an agreement. The deficit-cutting panel is mandated to trim at least $1.2 trillion in federal spending over the next ten years and, failing an agreement, automatic cuts would begin in 2013, after the national elections.
A friend, whose opinion I value in the extreme, continues to assure me that Obama will lose in November of 2012. I, on the other hand, continue to be dubious… also in the extreme.
To give thanks for all the phony garbage that has been forthcoming from of the Obama administration (since day one) would be beyond ludicrous.
The American Left has been railing about Justice Clarence Thomas. His wife, Ginni Thomas, is a Tea Party supporter, and the CEO of LibertyCentral.org – a 501(c)(4) that focuses on the value of liberty with “insistence on limited government.”
Syrians continue to be victimized, not only in violent clashes with the Syrian military, but also by regional and international players with various agendas.
Recently, while perusing headline in various publications across the land, I came upon an article about a group of ‘occupiers’, who had commandeered an abandoned building in Chapel Hill, NC. The group called themselves – what else – “Occupy Chapel Hill.” WOW – was that original! What an expensive education these useful idiots must have received to come up with that name.
