The
Cat recommends the following video:
http://www.youtube.com/watch?feature=player_embedded&v=DBNYwxDZ_pA
{
The Cat dispatching this archaic reptilian remnant of an extinct species. Yet,
doesn’t the ill-fated croc seem to be smiling a typically wide grin as if to
say, ‘he’s glad to be done-in by such a noble creature as the Cat’ (as opposed
to lesser species including all forms of apes and their progeny, potentially
even winding up as a pocket-book, belt, or pair of shoes). Yes, there’s a place
in the universe for Cats! }
FLASHBACK:
Government has shut down 17 times since 1976...
DR FeKYLL
AND MR HYPe Posted by :
williambanzai7
Post date:
09/30/2013 - 9.30.2013 in Nutshell...
DR
FeKYLL AND MR HYPe
Submitted by williambanzai7 on 09/30/2013
11:45 -0400
http://albertpeia.com/93013mostlybanzai.htm
.
FLASH:
Senate Kills Bill to Fund Gov't... Submitted by Tyler Durden on
10/01/2013 - 16:12 Congressman
Shows Obamacare Exchanges Crash Minutes After Launch Senate
Rejects House Proposal to Avoid Shutdown Hours Before Deadline Submitted by Tyler Durden on
10/01/2013 - 15:40 It appears the answer is yes, and the shutdown stretches as far as White
House's Rose Garden door. Submitted by Tyler Durden on
10/01/2013 - 15:23 While the recent surge in the Baltic Dry Index was headlined as 'proof'
that the global recovery was 'on', China is back, and every retiree should
BTFATH, we
recently noted, all was not at all it seems on the surface of this data.
Fast forward a few days and we have had 2 China PMI misses (notably
disappointing relative to their Flash prints) and now the Baltic Dry
has plunged by its most in 11 months over the last 4 days. Of course,
we've seen these kind of ramps and dumps before in the Baltic Dry - though
it is odd that we don't hear the cheerleaders as the price collapses. Submitted by Tyler Durden on
10/01/2013 - 14:57 We already
noted the apparently 'transitory' weakness in GM's numbers and huge surge
in channel-stuffing; but now the full numbers are in and it is not pretty. The annualized
domestic vehicles sales collapsed (by the most in 29 months) to 11.66 million -
it's lowest in 11 months - missing expectations by the most since January 2009.
Stone McCarthy offers some hope that this does not signal "peak
autos" for this cycle as they note, "it would appear that sales
for September were pulled into August due to the extra selling days for August,
stemming from the manner in which the Labor Day weekend fell on the calendar
this year. Recall that August sales were firmer relative to expectations and
now we have September being weaker." Submitted by Tyler Durden on
10/01/2013 - 14:34 "Obamacare is a disaster," is the jumping-off
point for David Stockman's latest tirade against the "greatest expansion
to the welfare state in the last 80 years," that was rammed through
congress on a totally partisan vote. In this brief Bloomberg TV clip, Stockman
"understands why the Republicans are willing to hold up government if they
have to," as there is growing intensity of partisanship and resentment
that can only bode ill for debt ceiling discussions... "The
Republicans have to take a stand." Submitted by Tyler Durden on
10/01/2013 - 14:08 Update: And another quick rejection: CARNEY SAYS
PIECEMEAL APPROACH TO FUNDING GOVT ‘NOT SERIOUS’ If the president was hoping to shame the Republicans into caving and
passing a clean Continuing Resolution, by constantly blaming them about the
broader government shutdown, he will have to shift his strategy. Moments ago
Reuters and other wire services report, citing Republican Peter King, that
House Republicans plan to pass three funding bills today to reopen Federal
Parks, veteran programs and fund for the District of Columbia. In other words,
little by little, the GOP will provide funding for everything... except
Obamacare, which they will keep as a trump card up their sleeve until
the debt ceiling negotiation comes to a head some time in the next week. Government
Has Shut Down 18 Times Since 1976 Posted by :
George Washington Post date:
10/01/2013 - Not the End of the World
Submitted by Tyler Durden on
10/01/2013 - 13:21 Submitted by Tyler Durden on
10/01/2013 - 14:08 Update: And another quick rejection: CARNEY SAYS PIECEMEAL
APPROACH TO FUNDING GOVT ‘NOT SERIOUS’ If the president was hoping to shame the Republicans into caving and passing
a clean Continuing Resolution, by constantly blaming them about the broader
government shutdown, he will have to shift his strategy. Moments ago Reuters
and other wire services report, citing Republican Peter King, that House
Republicans plan to pass three funding bills today to reopen Federal Parks,
veteran programs and fund for the District of Columbia. In other words, little
by little, the GOP will provide funding for everything... except
Obamacare, which they will keep as a trump card up their sleeve until
the debt ceiling negotiation comes to a head some time in the next week. Submitted by Tyler Durden on
10/01/2013 - 13:51 Submitted by Tyler Durden on
10/01/2013 - 13:01 Submitted by Tyler Durden on
10/01/2013 - 12:36 Submitted by Tyler Durden on
10/01/2013 - 12:10 UPDATE: *ITALY'S LETTA TO CALL CONFIDENCE VOTE: ANSA CITING MINISTER Italian sovereign bond spreads fell a mere 2bps on the day as Italian
stocks (after techncial issues) screamed higher by
over 3% - their best day in 3 months - as rumor after headline hit of
the slow dissolution of Berlusconi's apparent power. As the confidence vote
nears in Italy, several of Berlusconi's top aides are defying him as tries to
collapse what is already a fragile coalition. The WSJ just broke news that 40
Italian lawmakers are ready to break with Berlusconi -, and
Berlusconi's own party secretary stated that "all should vote for
Letta" - that sent stocks to their highs at the close. Despite his anger at
center-left senators pending vote to strip him of his Senate seat, it appears
the 77-year old media mogul, as AP notes, will be pressured to drop his
bid to sabotage PM Letta. Submitted by Tyler Durden on
10/01/2013 - 11:51 Submitted by Tyler Durden on
10/01/2013 - 11:30 No regulators looking at markets due to government shut down. Submitted by Tyler Durden on
10/01/2013 - 10:50 Perhaps investors are becoming inured to the United States’ annual
debt-ceiling debacle, now playing out for the third year in a row. But, as
the short-term antics become more routine, the risks of long-term dysfunction
become more apparent. At least for now, the rest of the world has
seemingly unbounded confidence – reflected in very low borrowing rates – in
America’s capacity to put its house (of representatives) in order. No
one can imagine that a country with so many unique economic advantages would
risk such a damaging self-inflicted wound as default would cause. But this time
could be different. Obama needs to force his Republican opponents to
blink, and there is no guarantee that they will. Submitted by Tyler Durden on
10/01/2013 - 10:32 Carl iCahn - whose media presence outweighs his shareholder presence - has
tweeted the results of his dinner with Apple's Tim Cook.
AAPL shares are surging and the market is following suit... Submitted by Tyler Durden on
10/01/2013 - 10:13 Just a month ago, we were exuberantly told that the 14.7% rise in August
sales for GM (against an expectation of an 11% rise) was not just great news
but was entirely sustainable. Some suggested that this was merely demand
dragged forward as rates rose, dealers channels were stuffed, and the
vinegar strokes of an exuberant Fed were occurring. Today we have our answer... We are sure that weather played a role; the calendar didn't help; government
(Republicans) are probably at fault somehow; and it's a 'blip' but it seems
like quite a miss for a "sustainable" new normal in auto sales. Submitted by Tyler Durden on
10/01/2013 - 10:12 Submitted by Tyler Durden on
10/01/2013 - 09:48 Submitted by Tyler Durden on
10/01/2013 - 09:34 Submitted by Tyler Durden on
10/01/2013 - 09:22 Submitted by Tyler Durden on
10/01/2013 - 08:45 Unlike the unleashing of hell that so many politicians have bloviated on in
the last few hours/days/weeks, Douglas Holtz-Eakin explains to Bloomberg TV's
Trish Regan that in fact around 60% of the government will continue to
tick along despite the "shutdown." As Regan summarizes, "shutdown
is an elaborate way of saying the government will be partially downsized
temporarily..." to which Holtz-Eakin adds, "...and then
re-upsized later." Sadly, while this will cost a modest amount, this
will do nothing to stop the big mandatory spending programs and is simply bad
governance. This brief interview will allow one to sleep at night
knowing that when you awake in the brave new world of a US government shutdown,
the sun will still rise and the kids still need to go to school... perhaps that
explains the rally in stocks? Submitted by Tyler Durden on
10/01/2013 - 08:17 UPDATE: Deflationary impluse? Silver at 7-week lows; gold
2nd biggest drop in 3 months; Copper -2%, WTI -1% While gold prices remain above their pre-Un-Taper levels, they have been
monkey-hammered once again this morning as the world awakes to a US Government
shutdown for the first time in 17 years. Silver has retraced all its
post-Un-Taper gains and is holding at those lows. It seems the department
of precious metals selling has been deemed essential... or are the furloughed
government workers all selling their gold? Of course, for the conspiracy
fact crowd, this makes perfect sense. On a day when the foundation of the USA
is shown for its farcical reality, what better signal to the world is
there than a US equity capital market rally and barbarous relic selloff to
signal the status quo is as strong as ever? Submitted by Tyler Durden on
10/01/2013 - 08:01 No, we are not talking the stock market reaction, which is driven purely by
trillions in excess global, fungible liquidity sloshing around and as a result
stocks are up on government shutdown day in a complete mockery of, well, everything.
Instead, this is what Wall Street sellside strategists believe will be the
impact of the shutdown (and how it ties in with the far more important debt
ceiling negotiation). It should not be at all surprising that to virtually
everyone, the shutdown (or any other negative development) is a "buying
opportunity" which makes sense: after all the person who is truly in
charge of the "wealth effect" will be up and running uninterrupted
and there is no risk today's $2.75 - $3.50 billion POMO will be even modestly
delayed. Submitted by Tyler Durden on
10/01/2013 - 07:40 Submitted by Tyler Durden on
10/01/2013 - 07:15 Submitted by Tyler Durden on
10/01/2013 - 07:01 If there is one day the Fed's trading desk actually did want futures
lower, if only for purely optical purposes and to at least suggest that the
government, and not the Fed, is still in charge of the US, it is the day when
the US government - for the first time in 17 years - has shut down. They
certainly did not want the S&P to be up nearly 0.5% mere hours after
Congress and the presidency confirmed to the world that in a world in which
"the Chairman gets to work", a functioning government is completely
irrelevant. Yet this is precisely what is going on. What is making matters
worse is that on the other side of the world, Japan also finally announced the
well-telegraphed sales tax increase to8%, offset by a JPY5 trillion yen
"stimulus" which however Japan said, much to the Chagrin of Mrs.
Watanabe and a 100 pip overnight plunge in the USDJPY, would be funded not
with more new bond issuance (and thus without new "wealth
effect" generating monetization). It is unclear just how it will
be funded but since increasingly more global fiscal and monetary policy is
based on science fiction we know better than to ask. Submitted by Tyler Durden on
09/30/2013 - 23:59 It's 12:01am, do you know where your government is? *WHITE HOUSE BUDGET OFFICE DIRECTS AGENCIES TO BEGIN SHUTDOWN *U.S. GOVERNMENT SHUTS DOWN FOR FIRST TIME IN 17 YEARS The last government shutdown lasted 21 days, from December 1996 to January
1997, and cost the administration of US President Bill Clinton cost an
estimated $2 billion, according to the White House’s Office of Management and
Budget. S&P Futures are 1677, 10Y yield 2.65%, WTI $101.96, Gold $1329.00 -
let's see where we open tomorrow... Full White House Statement below... and 10 ways the government
shutdown could hurt America Submitted by Tyler Durden on
09/30/2013 - 21:26 They came, they voted, and they shut
down the latest, third, Continuing Resolution Proposal by the House. What
happens next: either nothing, or the farce can repeat once again and when the
House gets the tabled CR back from Senate, House Republicans could hold a
conference, go to Rules, and put a new Continuing Resolution on the floor later
tonight. Which, however, unless it is "clean" will be voted down
again. Submitted by Tyler Durden on
09/30/2013 - 21:11 Submitted by Tyler Durden on
09/30/2013 - 20:48 As almost everyone expected, the
House just passed the stop-gap bill, with its individual mandate delaying
amendment, which was also the third Continuing Resolution passed by the
House, in a 228 to 201 vote. Surprisingly 12 Republicans voted Nay and 9 Democrats voted Aye. Off
it goes now to the Senate. But, the moment it broke on the wires, Harry Reid
has his response: So it looks like we are heading to a
government shutdown tonight (and for now the S&P does not care one little
bit). Submitted by Tyler Durden on
09/30/2013 - 20:11 Submitted by Tyler Durden on
09/30/2013 - 20:04 Submitted by Tyler Durden on
09/30/2013 - 19:43 Submitted by Tyler Durden on
09/30/2013 - 19:15 Submitted by Tyler Durden on
09/30/2013 - 18:38 Paul Joseph
Watson | Journalist sounds off on ‘Affordable Care Act’. Paul Joseph
Watson | Snooping on Americans; business as usual. Infowars.com
| “The drug war is an absolute failure,” he said. Julie Wilson
|The small business owner lost over $50,000 after the City of Austin shutdown
his water access. John W. Whitehead | Like clockwork, we’ve ticked back to the annual
government shutdown scare. Washington’s Blog | The Real Cause of the Crisis. The Huffington Post | With just hours to go until a government
shutdown, Congressmen couldn’t seem to agree on much except the fact that
drinks were in order. Mac Slavo | Something is amiss. Most Americans know this – they can
feel it deep down inside – even if they don’t know what it is, things just
don’t seem right. Franchisees
Fear Obamacare as Uncertainty Paralyzes Growth Entrepreneur
| Business owners are all united against Obamacare. Dollar weakens as U.S. government shuts down AFP
| The dollar was mostly lower against other Asia-Pacific currencies. US employers slashing worker hours to avoid Obamacare insurance
mandate London Guardian | Trend sparks fears among low-paid workers that they
will be hit twice: by having earnings cut and paying more for healthcare. Paul Joseph
Watson | Snooping on Americans; business as usual. Washington’s Blog | The Real Cause of the Crisis. John W. Whitehead | Like clockwork, we’ve ticked back to the annual
government shutdown scare. The Huffington Post | With just hours to go until a government
shutdown, Congressmen couldn’t seem to agree on much except the fact that
drinks were in order. Mac Slavo | Something is amiss. Most Americans know this – they can
feel it deep down inside – even if they don’t know what it is, things just
don’t seem right. Michael Snyder | There is an all-out effort to demonize gun owners in
the United States today. London Guardian | Trend sparks fears among low-paid workers that they
will be hit twice: by having earnings cut and paying more for healthcare. Julie Wilson
| “People are scared to go into the streets and businesses are deserted.” Zero Hedge | Defaults have risen to the highest level since 1995. More
Americans Say Country Headed in Wrong Direction New American | Last week’s poll from Bloomberg showed that 68 percent
of Americans — two out of every three — say that the country is heading in the
wrong direction. Submitted by Tyler Durden on
09/30/2013 - 17:52 Submitted by Tyler Durden on
09/30/2013 - 17:14 Submitted by Tyler Durden on
09/30/2013 - 16:36 Submitted by Tyler Durden on
09/30/2013 - 16:11 Submitted by Tyler Durden on
09/30/2013 - 15:39 Submitted by Tyler Durden on
09/30/2013 - 15:15 As pointed out earlier,
the Federal Reserve does not depend on Congressional appropriations, and will
not see any cutbacks due to a shutdown which with every passing hour seems more
inevitable. It also means that even if the entire US government were to be
shutdown, the daily wealth effect injection into the stock market for the
benefit of the 0.01% will continue and the confidence show must go on.
Specifically, as was released moments ago by the NY Fed, Bernanke will inject
another $45 billion in the capital markets courtesy of 18 distinct
bond-monetizing POMO operations over the next 31 days. These will take place
regardless of anything else that may happen to the government, which perhaps
better than anything else, shows who is truly in control of this country and on
whose behalf they operate. Submitted by Tyler Durden on
09/30/2013 - 15:02 Submitted by Tyler Durden on
09/30/2013 - 14:46 Update: and just to seal the
deal, Reid literally adds insult to injury: REID CALLS HOUSE REPUBLICANS `ANARCHISTS' Now that the Senate has killed the
latest proposal passed by the House, and with Harry Reid making it clear he is
not interested in a one week Continuing Resolution stopgap, Bloomberg reports
that the House will take the tabled bill and make these two changes to it: And, as expected, if and when this
iteration of the dead-end bill passes, the Senate will kill it again. So unless
there is a dramatic change in strategy by either party, the government shutdown
in just over 9 hours (however brief or not so brief) seems inevitable. Submitted by Tyler Durden on
09/30/2013 - 14:43 The Senate Democrats need to have a
few minutes of uber blame... Submitted by Tyler Durden on 09/30/2013
- 14:22 Submitted by Tyler Durden on
09/30/2013 - 13:59 Submitted by Tyler Durden on
09/30/2013 - 13:49 Submitted by Tyler Durden on
09/30/2013 - 13:21 Update Well, that didn't last long: REID SAYS HE WOULDN'T
ACCEPT ONE-WEEK CONTINUING RESOLUTION Curious why the market just spiked?
The reason: first Obama flip flops, now it is the republicans' turn to prove
that all is fair in faux war and Congressional IMAX drama. Here's the headline
that drove it. SEN. REPUBLICANS SAID
DISCUSSING 1-WEEK STOPGAP BILL: POLITICO Can kicked for one more week: BTFATH.
Now that Breaking Bad is over, perhaps it is time for Congress to hire Vince Gilligan
to make this tragicomedy somewhat more believable. Submitted by Tyler Durden on
09/30/2013 - 12:58 Last week Obama was unwilling to
negotiate on the two key issues in the current government pre-shutdown debacle:
Obamacare and the debt ceiling. Things seem to have changed quite quickly, now
that the government shutdown is just 11 hours away. In other words, Obama blinked (for
the n-th time in what has not been a good year for presidential
leverage). And to think it took less than a 1% drop in the S&P (and a
rather stubborn Republican party) to get "diplomacy" going... Submitted by Tyler Durden on
09/30/2013 - 12:57 Marc Faber Warns “We Have Reached The Endgame Of Monetary Policy”
Zero Hedge | “One day this whole
credit bubble will be deflated very badly – you are going to experience a
complete implosion of all asset prices and the credit system…” State
and Local Taxes at All Time Highs Lew Rockwell Blog | I thought
Republicans on the state and local levels were more “conservative” than those
on the national level? You
are about to read some of the most shocking quotes that Barack Obama has ever
uttered in public. A few of these have been widely circulated, but most
of them are very obscure. Even though he claims to be a Christian,
throughout his political career Obama has repeatedly attacked traditional
Biblical Christianity and he has a very long history of
anti-Christian actions. In public speeches he has repeatedly cast doubt
on the Bible, he has repeatedly stated that he does not believe that Jesus is
necessary for salvation, and he has consistently said that he believes that all
“people of faith” believe in the same God. At the same time, Obama has
always referred to Muhammed as “the Prophet”, he has always expressed great
love and respect for Islam, and he has even removed all references
to Islam from terror training materials used by federal government
agencies. So what in the world does “the leader of the free world”
actually believe? Read the quotes below and (Read More....) 20 Quotes By Barack Obama About Islam 20 Quotes By Barack Obama About Christianity SHOCK:
Black Pastor Shot by Black Man, Killed During Church Service... Number of
Americans giving up citizenship soars... Pelosi
absent for vote... DELAY
OBAMACARE OR WE WILL SHUT IT DOWN NSA
Central to U.S. Assassination Program Posted by:
George Washington Post date:
09/29/2013 - Intelligence Agencies Central In
Assassination Programs Carried out Without Oversight Spy Agencies Are Doing WHAT? Posted by: George Washington Post date: 09/23/2013 - New Revelations Are Breaking Every Day Revelations about the breathtaking scope of government spying
are coming so fast that it's time for an updated roundup: "The NSA has mounted a systematic
campaign against the foundations of American power: constitutional checks and
balances, technological leadership, and market entrepreneurship. The NSA scandal is no longer about
privacy, or a particular violation of constitutional or legislative
obligations. The American body politic is suffering a severe
case of auto-immune disease: our defense system is attacking other critical
systems of our body". "We collect this information for many important
reasons: for one, it could provide the United States and our allies early
warning of international financial crises which could negatively impact the
global economy. It also could provide insight
into other countries' economic policy or behavior which could affect global
markets." "The authors of the [NSA slides] draw a comparison
with "1984," ... revealing the agency's current view of smartphones
and their users. "Who knew in 1984 that this would be Big Brother …"
the authors ask, in reference to a photo of Apple co-founder Steve Jobs. And
commenting on photos of enthusiastic Apple customers and iPhone users, the NSA
writes: "… and the zombies would be paying
customers? NJ
property taxes up 13% under Christie... Obama
applauds mayoral candidate's vow to hike taxes in NYC... CNN:
3 alleged Kenya attackers from USA... Deep cuts at
agency responsible for investigating health-care fraud... Secret
American Subculture of Putin-Worshippers... { Secret … I doubt it … I
believe the Russia/Putin ‘miracle’ is worthy of praise and world class global
recognition as such! } Movement
grows to repeal Obamacare 'exemption' for Congress... OBAMA:
Republicans 'trying to mess with me'... 13
shot in mass shooting at Chicago park... CA
Dem wishes death upon Ted Cruz staffer's children... 17,679
things the federal government has done since sequestration... There is a reason why every
fiat currency in the history of the world has eventually failed. At some
point, those issuing fiat currencies always find themselves giving in to the
temptation to wildly print more money. Sometimes, the motivation for
doing this is good. When an economy is really struggling, those that have
been entrusted with the management of that economy can easily fall for the lie
that things would be better if people just had "more money".
Today, the Federal Reserve finds itself faced with a scenario that is very
similar to what the Weimar Republic was facing nearly 100 years ago. Like
the Weimar Republic, the U.S. economy is also struggling and like the Weimar
Republic, the U.S. government is absolutely drowning in debt.
Unfortunately, the Federal Reserve has decided to adopt the same solution that
the Weimar Republic chose. The Federal Reserve is recklessly printing
money out of thin air, and in the short-term some positive things have come out
of it. But quantitative easing worked for the Weimar Republic for a
little while too. At first, more money caused economic activity to
increase and unemployment was low. But all of that money printing
destroyed faith in German currency and in the German financial system and
ultimately Germany experienced an economic meltdown that the world is still
talking about today. This is the path that the Federal Reserve is taking America down, but
most Americans have absolutely no idea what is happening. (Read More....) Submitted
by Tyler
Durden on 09/19/2013 - 09:38 { How laughable to hear of
‘never-saw-a-war-he-didn’t-like’ neo-con mccain try to lecture the historically
formidable Vladimir Putin on the ‘rule of law’. What parallel universe is
senile mccain operating in? ( I’m going to even give ‘songbird’ mccain a pass
on his violation of military code while a POW so criticized by his fellow
POWs).The law is something that I know a lot about; from intense study and
direct experience, while mccain can’t possibly say the same. After all, there
are indeed a plethora of rules of law in pervasively corrupt, defacto bankrupt
america. The problem is, in venal america, they are not meaningful rules of law
as applied to some and not others (him and his et als in the latter category).
Wow! Talk about out of touch … or maybe he’s just used to such
drivel/propaganda being lapped up by the dumbed down american masses! See http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm for
reality! } The photo of an Asian giant
hornet posted above was taken by blogger
Kurt Bell, and as you can see, these Asian giant hornets are
freakishly huge. They are also extremely aggressive and they are not
afraid to attack people at all. And as you will read about below, getting
stung by one of them is exceedingly painful. If they only attacked humans
once in a while, it wouldn’t be that big of a deal. Unfortunately, Asian
giant hornets appear to be multiplying rapidly and they have killed dozens of
people in China in recent months. But most Americans are not going to get
too concerned about a plague of giant hornets on the other side of the
planet. Well, what if I told you that Asian giant hornets are now
spreading like wildfire in this country and attacking people all over the
United States? Would I have your attention then? Because that is
precisely what is happening. The recent giant hornet attacks in
China have made headlines all over the (Read More....) Are you ready for bone chilling cold this winter?
The Old Farmer’s Almanac and other weather forecasters that rely on solar
activity as a factor in their weather forecasts are projecting that this
upcoming winter will be bitterly cold. Solar activity is at a 100 year
low, and even though we were supposed to be in the midst of a solar maximum
this year, our sun has been eerily quiet. So precisely what in the world
is going on? There have been other periods throughout history when solar
activity has been extraordinarily quiet, and those times have corresponded with
periods of extreme cold. For example, the “Maunder Minimum” which
stretched from 1645 to 1715 corresponded with the most bitterly cold period
that the earth experienced in the last 1000 years. So could we be heading
toward another “mini-ice age”? That is a question that some scientists
are now beginning to ask. Clearly, something unusual is happening with our
sun. The following is from a Universe Today article that was posted back in (Read More....) World
Bank Whistleblower Karen Hudes Reveals How The Global Elite Rule The World
Karen
Hudes is a graduate of Yale Law School and she worked in the legal department
of the World Bank for more than 20 years. In fact, when she was fired for
blowing the whistle on corruption inside the World Bank, she held the position
of Senior Counsel. She was in a unique position to see exactly how the
global elite rule the world, and the information that she is now revealing to
the public is absolutely stunning. According to Hudes, the elite use a
very tight core of financial institutions and mega-corporations to dominate the
planet. The goal is control. They want all of us enslaved to debt,
they want all of our governments enslaved to debt, and they want all of our
politicians addicted to the huge financial contributions that they funnel into
their campaigns. Since the elite also own all of the big media companies,
the mainstream media never lets us in on the secret that there is something
fundamentally wrong with the way that our system works. (Read More....)
DEMS VOTE TO KEEP TAX ON MEDICAL EQUIPMENT...
House
GOP: Eliminate subsidies for Congress!
REQUIRE
ADMINISTRATION TO SIGN UP!
CORN:
Will Obama get very mad?
Even
in shutdown, Feds get overtime, comp time, 'Sunday pay'...
Kerry
still going on Tokyo/Bali trip... BREAKING
BAD
REPORT:
DNC 'nearly broke'...
FAT CITY:
Obesity up 25% in NYC under Nanny Bloomberg...
Train
Runs Over Couple Having Sex on Tracks...
Thugs
Armed with Tasers Terrorizing DC Streets...
Government
Shutdown Craters Gold, Sends Russell To New All-Time Highs
US
Equity markets started green and ended green despite giving back some POMO
gains in the afternoon. The Russell 2000 closed at all-time highs with
the best day in a month (up over 2% from yesterday's lows)... on the day the US
government shutdown for the first time in 17 years. The big news was
in commodity-land where gold and silver were smashed early (and silver
rebounded somewhat) as were copper and oil. The lunatics had full control
into the close as VIX was Heisenberg'd (along with EURJPY) taking the S&P
to its highs of the day - totally incredible.Shut
Day Humor: Is The Government Closed?
Global
Growth Hopes Fade As Baltic Dry Drops Most In 11 Months
Domestic
Vehicle Sales Plunge; Miss By Most Since Jan 2009
David
Stockman Fears Intense Resentment Over "Disaster" That Is Obamacare
Republicans'
Latest Strategy: Piecemeal Funding For Programs, Excluding Obamacare; White
House Promptly Rejects
Why
Are They Trying So Hard To Demonize Gun Owners?
There is an all-out effort to
demonize gun owners in the United States today. Those that own guns are
repeatedly portrayed as being uneducated, mentally deficient racists in the
mainstream media. No evidence is ever produced to actually back up those
claims. Gun owners regularly make lists of “potential terrorists” in official government
documents, and many government officials openly regard them as
ultra-paranoid “conspiracy nuts” that are a serious threat to national
security. Of course the truth is that gun owners are actually among the
most law-abiding and patriotic people in the entire nation, but that doesn’t
really fit with the radical gun control agenda of the progressive elite.
In order to move their agenda forward, they must make gun owners look bad, and
they will go to ridiculous extremes in order to achieve that goal. And to
a certain extent, it is working. As you will see below, some large
financial companies no longer want to conduct business with gun owners, and
just the sight of a gun is enough to get people freaking out and calling the
police in many communities in America today. (Read More.....)
Widespread
Glitches in 34 States...
PAPER:
America's Superpower Status Ebbs Away...
FOURNIER:
Beginning of the End for Washington...
CLOSED
UNTIL FURTHER NOTICE...
Senate
votes NOT to negotiate with House on compromise...
WOODWARD:
'On the president's head'...
Kerry
still going on Tokyo/Bali trip...
Illegal
to walk on National Mall?
FLASHBACK:
Government has shut down 17 times since 1976...
Are
the WH chefs 'essential'?Toddler
Among 4 Stabbed in NYC...
'He
was walking through park and just started going after people'...Man
Shot 8 Times During Robbery At Historic Philly Park...
Someone
Is Getting Very Nervous
Spot
the odd 4-week bill auction out...Republicans'
Latest Strategy: Piecemeal Funding For Programs, Excluding Obamacare; White
House Promptly Rejects
Indian
Temples Fight Back Against Government Gold Grabbing Plot
An
inept Indian government is attempting to use the age old tactic of scapegoating
in order to deflect attention away from its widespread policy failures. In the
case of India, the target is gold. It’s a logical target for any crony Indian
bureaucrat or Central Banker to go after. Wealth confiscation is a
tried and true method historically used by corrupt elites to stay in power, and
there is plenty of gold floating around the subcontinent. Easy
pickings... or so they thought. It appears some of the temples are now drawing
a line in the sand, and are in fact refusing to provide details about their
holdings...Obama's
"You Shut Down That Government" Speech - Live Webcast
The
first speech by a standing president in 17 years to address a government shut
down is certain to be full of sound, fury and lots of blame. Look beyond the
traditional platitudes for any mention of the real danger to the US, the debt
ceiling, which will hit in just over two weeks and if the shutdown is any
indication, the preceding "negotiation" will hardly be smooth and by
the numbers. Also, it will finally be disclosed if the teleprompter is a critical
government service.One
More "The Status Quo Is Saved" Rally and Then...?
We
can safely predict the inevitable budget-debt ceiling deal will spark yet
another "the Status Quo is saved" rally in the stock market. But
what happens after that?The
Betrayal Of Berlusconi Smashes Italian Stocks To Best Day In 3 Months
Obamacare
Launches... And Breaks
Bart
Chilton To Commodities Traders: You Are On Your Own
From:
Chilton, Bart <[email protected]>
Subject: Re: Today's SmackdownGuest
Post: America's Endless Budget Battle
AAPL
& Market Spike On iCahn "Buyback" Tweet
GM
Vehicle Sales Collapse 11%
Manufacturing
ISM Rejects Earlier PMI Data, Spikes To Highest Since April 2011
Since
the entire world now follows in the footsteps of China, its data fudging
example and its Schrodinger economy which is both growing and contracting at
the same time, it was very much expected that in the aftermath of the MarkIt US
PMI, which missed expectations earlier, that the ISM's own Manufacturing Report
on business would smash expectations of a decline from 55.7 to 55.0, instead
printing at 56.2 or the highest since April 2011. And since the data
on construction spending is not available due to the whole government shutdown
thing, the mood for the day will now be set as one of exuberant enthusiasm for
manufacturing, yet one where the "other" PMI will be referenced when
predicting how much longer the Fed will not taper for.This
Is Rush Hour Traffic In DC On Government Shutdown Day
Spot
the 'essential' government worker...Bureau
Of Economic Analysis, USDA Websites Go Dark
Next
"Subprime Crisis" Expands As Student Loan Defaults Hit $146 Billion,
Highest Default Rate Level Since 1995
Almost
exactly one year ago we wrote "The
Next Subprime Crisis Is Here: Over $120 Billion In Federal Student Loans In
Default" in which we took the latest (2009 three year cohort) loan
default data on Federal Student Loans released by the Department of Education
and applied it to the total amount of student loans outstanding, which back
then was $914 billion. Yesterday, ED.gov provided
its annual update - this time to the 2010 three year and 2011 two year
cohorts - and to nobody's major surprise, learned that things just got even
worse. To wit: "The national two-year cohort default rate rose
from 9.1 percent for FY 2010 to 10 percent for FY 2011. The three-year cohort
default rate rose from 13.4 percent for FY 2009 to 14.7 percent for FY 2010."
Putting this in context, according
to Bloomberg defaults have risen to the highest level since 1995. The
irony that this is happening in the aftermath of Bernanke's disastrous ZIRP
policy is not lost on anyone.What
Will A Shutdown Look Like?
Furloughed
Government Workers Selling Gold, Silver?
Wall
Street Responds To The Government Shutdown
Frontrunning:
October 1
Government
Workers Told Not To Work On "Any Projects, Tasks, Activities Or Respond To
Emails Or Voicemails"
Dear
government workers: welcome to the private sector. This is what it feels like
to have job insecurity. For the past 7 hours, some 800,000 suddenly idle
Federal workers received furlough notices but were told they will still have to
report to work for about four hours Tuesday even though the government is
shutting down. Or, rather "work." As AP
reports, various federal agencies said employees would be limited to doing
work related to the shutdown, including changing voicemail messages, posting an
out-of-office message on email, securing work stations and documents and
completing time cards. At the Environmental Protection Agency, for example,
employees were told they cannot work on "any projects, tasks,
activities or respond to emails." The more cynical ones out there
may ask: just how is that any change?On
The First Day Of Shutdown, The Futures Were... Giddy
Shut
Happens
Senate Kills Latest House CR
Proposal
S&P
Futures Don't Budge As China PMI Misses (Again) And US Government On Verge Of
Shutdown
Given
the Senate rhetoric following this House vote - a US government shutdown with
all its fire and brimstone that we have been told to expect is nigh; For the
second night in a row, Chinese PMI data disappointed with the recovery not as
growthy as everyone had extrapolated from the flash data. This is the smallest rise in China's official PMI in 4
months - just 0.1 above August's at 51.1. What is the reaction
of futures markets? nothing...House
Passes Latest Continuing Resolution, Sends To Senate Which Will Reject: Government
Shuts Down In Three Hours
The
Debt-Ceiling Fight "Could Get Ugly" - Key Dates And Implications
Even though
there is no technical link between the two main fiscal issues – the continuing
resolution (CR) and the debt ceiling bill - there is a link in the minds of market participants
because prompt resolution of the CR could spell a favorable outcome for the
debt limit. On the other hand, a
government shutdown tonight could lead the market to be more pessimistic on the
chances of a debt default. As BofAML notes, the link between
the two issues is fairly complex but the shutdown battle is just the beginning
- and, as the suspect "the fight could get ugly."Heisenberg
Is Gone, Heisenbernanke Is Still Around
Yesterday,
over ten million people watched as the final fate of one drug dealer was
revealed. But while the most complex, fictional peddler of artificial
euphoria may be gone, an all too real, non-fictional and far less
complicated provider of the most monetary morphine in history is still around. Heisenberg
may be gone, but Heisenbernanke is still very much out there.Ahead
Of Vote, House Debates Latest Continuing Resolution Proposal - Live Webcast
With
just over 4 hours left until the government shutdown deadline, following the
earlier tabling of the previous bill passed by the House which delayed
Obamacare by one year, the House has resumed debates on the Continuing
Resolution, which as reported earlier will likely include a one-year delay in
the individual mandate, and a measure eliminating some of the benefits that
members of Congress and certain members of the executive branch would receive
under the ACA.Vatican
Bank To Shut All Embassy Accounts To Halt Money Laundering
Followng
Pope Francis' demand that the Vatican Bank review its procedures, Reuters reports that
the bank is likely to close
all accounts held by foreign embassies, following concerns about large cash deposits
and withdrawals by the missions of Iran, Iraq and Indonesia,
according to people with knowledge of the situation. The private bank IOR has
around EUR7.1 billion in assets but is concerned it could be "an unwitting vehicle for money laundering
and other illicit finances."Government
Shutdown: The Next Step In The Collapse Of The Dollar?
There
is a considerable amount of debate in alternative economic circles as to whether a federal government shutdown would
be a “good thing” or a “bad thing”. Sadly, a government
shutdown is sizable threat to the American financial system, and few people
seem to get it. Perhaps because the expectation is that any shutdown
would only be a short term concern. And, this assumption might be
correct. But, if a shutdown takes place, and, if “gridlock” continues for
an extended period of time, We have little doubt that the U.S economy will
experience renewed crisis. Here's why...
Geraldo Rivera: Obamacare Doubled My Health Insurance
Costs
Government ‘Shut Down’ Doesn’t Prevent
Opening of $2 Billion NSA Spy Center
Geraldo Rivera’s Libertarian Views on
the War on Drugs
Family Kayak & Tube Rental
Business Shut Down Under Agenda 21
A Round-Up of the Police State
Programs NOT Affected by a Government Shutdown
The Threatened Government Shutdown Is
Caused By Bad Policy By BOTH PARTIES
Congressmen Still Boozing As
Government Shuts Down
These Are Not the Normal Activities of
a Government Planning for Peace and Stability
Government ‘Shut Down’ Doesn’t Prevent Opening of $2
Billion NSA Spy Center
The Threatened Government Shutdown Is
Caused By Bad Policy By BOTH PARTIES
A Round-Up of the Police State
Programs NOT Affected by a Government Shutdown
Congressmen Still Boozing As
Government Shuts Down
These Are Not the Normal Activities of
a Government Planning for Peace and Stability
Why Are They Trying So Hard To
Demonize Gun Owners?
US employers slashing worker hours to
avoid Obamacare insurance mandate
State Police Running Illegal ‘Traffic
Checkpoints’ in Texas
Oxford
Professors: Robots And Computers Could Take Half Our Jobs Within The Next 20
Years
What
are human workers going to do when super-intelligent robots and computers are
better than us at doing everything?
That is one of the questions that a new study by Dr. Carl Frey and Dr.
Michael Osborne of Oxford University sought to address, and what they concluded
was that 47 percent of all U.S. jobs could be automated within the next 20
years. Considering the fact that the percentage of the U.S. population
that is employed is already far lower than it was a decade ago,
it is frightening to think that tens of millions more jobs could disappear due
to technological advances over the next couple of decades. I have written
extensively about how we are already losing millions of
jobs to super cheap labor on the other side of the globe. What are middle
class families going to do as technology also takes away huge numbers of our
jobs at an ever increasing pace? We live during a period of history when
knowledge is increasing an an exponential rate. In the past, when human
workers were displaced by technology it also created new kinds of jobs that the
world had never seen before. But what happens when the day arrives when
computers and robots can do almost everything more cheaply and more efficiently
than humans can? (Read More....)Q3
Earnings Warnings Second-Worst Since 2001
US
companies are warning about Q3 earnings at the second highest level since 2001,
with estimates well below what they were just three short months ago. Of
course, the US equity markets don't care - having rallied aggressively in the
face of this collapse; lubricated by multiple-expanding QE and rev. repo. As Reuters
reports, companies
issuing negative outlooks outnumber positive ones by 5.2-to-1,
the most negative since the 6.3-to-1 ratio in the second quarter, when however
the "second half recovery" (which has been once again indefinitely
delayed, perhaps to the third half?) was said would take place momentarily and
lead to another mythical rebound. Industrials, Materials, and Tech top the list
for negative pre-announcements.
From Whale To Rat: DOJ Has Cooperating Witness In JPMorgan Case
Over
the past week, many have been scratching their heads over why JPMorgan is so
eager to comply with the DOJ's investigation into the banks misrepresentation
of the quality of its RMBS bundled mortgages, having gone so far as to suggest
a number that could be as large as $4 billion in cash (with a $7 billion
non-cash component), though still shy of the DOJ's $20 billion ask. The reason,
as
the WSJ reports, may be very simple one: a rat is providing the Feds with
information deep from within the house of the whale. "The Justice
Department's pursuit of possible criminal charges against J.P. Morgan Chase
& Co. is based in large part on a key cooperator from inside the bank who
is aiding the government and has provided information suggesting the bank
vastly overstated the quality of mortgages that were being bundled into securities
and sold to investors, according to people familiar with the matter."
President Obama To Explain Whose Fault Is It Anyway - Live Webcast
We've
heard from Boehner, Reid has chipped in, and even Schumer had a cameo but now the
big man steps up to point fingers, clarify where the blame should lie, and
demand his way or the highway. We are sure soon after we will get the same
speech from Boehner wit ha word replace "Republicans" for
"Democrats" but the farce continues...
Gold, Silver Outperform Stocks In Jittery Third Quarter
As headline after headline hit today, US
equity markets jumped and dumped as the early POMO ramp faded
in an oh-so-familiar manner. As the day-session opened, "most
shorted" stocks tumbled hard (-1.6% vs the market -1%) and that provided
the ammo for the ramp as POMO and PMI hit. That rally stopped on time as EU closed
and POMO ended and then Washington took over. FX and commodity markets were
volatile early on a settled late as a EUR surge early on (on Italian political
news) smashed the USD lower and sparked some risk on. The USD spent the rest of
the recovering back to unchanged. Commodities ended the day cuffed at -0.5% in an oddly
cozy way given the early rips and dips in Gold and Silver. The S&P has
fallen 3.5% from its all-time un-taper highs, is closing right at its 50DMA,
and underperformed gold and
silver for the quarter.
Bankrupt Cities Seek Crowdfunding For Garbage
Want
to fund your "grilled
cheesus" project? Need money to continue your "edible
cup" business? Kickstarter is the platform of choice. But now, with
the muni bond market suffering from outflows in retail funds and bankruptcies
mounting across the nation, cities
are increasingly turning to 'crowd-funding'. As Bloomberg
reports, Central Falls (which filed for bankruptcy 2 years ago) is using
Citizinvestor to seek $10,044 in funds for 5 new trash cans. "Even with
attractive yields, there aren't a lot of people lining up to get involved with
places that have gone through bankruptcy," as the initiative has raised $295 so far...
The Government May Shut Down, But These 18 October POMOs Will Proceed Come Hell
Or Selective Default
Guest Post: Did You Miss Your IRS Agent Today?
The
major headline of the day is the pending government shutdown in the Land of the
Free. This is nothing more than an obvious symptom that they have passed the point of no return.
As we have routinely discussed, the US government now fails to collect enough
tax revenue to pay interest on the debt and cover mandatory entitlement
spending. They’re already in the hole before they write a single check for
anything we consider ‘government’, from national parks to the Internal Revenue
Service. Basically all the stuff that will be shut down now. Unless you missed your IRS agent today, it
should be clear that all this stuff they waste money on is completely...
unnecessary. Or can/should be privatized.
Senate Kills House Bill: What Happens Next
The Senate Democrats Speak - Live Webcast
Senate Kills Obamacare Delay
With
54 voting Aye (and 46 against), the Senate has enough votes to kill the house
proposal to delay Obamacare and send it back to the House. What happens next,
only Vince Gilligan knows.
The Senate "Clean Bill" Debate Begins... - Live Webcast
Harry
Reid has already made it abundantly clear that they will take up the
House-passed continuing resolution and immediately table (or put aside) the two
amendments added on Saturday night (Sunday morning). Under Senate rules, a move to table one or both of the
amendments would require a simple majority vote and send the Senate-amended
version of the bill back to the House. News reports indicate
that the House leadership is planning for this possibility (and will not acceot
a "clean bill". Given Reid has scheduled a press conference
for 245ET, it would appear he is not too hopeful that anything else will occur.
Once the new new new 'clean' bill is passed, it ping pongs back.. and we start
all over again... with a new blame game starting.
Who's To Blame?
Before
the Senate begins its "debate", we thought it worth a glance at who
the average US citizen believes wil be to blame if the government does
shutdown...
Market Spikes On Report Stopgap Bill Discussed By Republicans
With Just Hours To Go, Obama Suddenly In A Negotiating Mood
So Far It's Not Different This Time...
POMO
Magic... Politicians Tragic? The question is - will it end differently this
time? 20
Obama Quotes About Islam Contrasted With 20 Obama Quotes About Christianity
#1 “The future must not belong
to those who slander the Prophet of Islam” #2 “The sweetest sound I know is
the Muslim call to prayer” #3 “We will convey our deep
appreciation for the Islamic faith, which has done so much over the centuries
to shape the world — including in my own country.” #4 “As a student of history, I
also know civilization’s debt to Islam.” #5 “Islam has a proud tradition
of tolerance.” #6 “Islam has always been part
of America” #7 “we will encourage more
Americans to study in Muslim communities” #8 “These
rituals remind us of the principles that we hold in common, and Islam’s role in
advancing justice, progress, tolerance, and the dignity of all human beings.” #9 “America and Islam are not
exclusive and need not be in competition. Instead, they overlap, and share
common principles of justice and progress, tolerance and the dignity of all
human beings.” #10 “I made clear that America
is not – and never will be – at war with Islam.” #11 “Islam is not part of the
problem in combating violent extremism – it is an important part of promoting
peace.” #12 “So I
have known Islam on three continents before coming to the region where it was
first revealed” #13 “In ancient times and in
our times, Muslim communities have been at the forefront of innovation and
education.” #14 “throughout history, Islam
has demonstrated through words and deeds the possibilities of religious
tolerance and racial equality.” #15 “Ramadan is a celebration of
a faith known for great diversity and racial equality” #16 “The Holy Koran tells us,
‘O mankind! We have created you male and a female; and we have made you into
nations and tribes so that you may know one another.’” #17 “I
look forward to hosting an Iftar dinner celebrating Ramadan here at the White
House later this week, and wish you a blessed month.” #18 “We’ve seen those results
in generations of Muslim immigrants – farmers and factory workers, helping to
lay the railroads and build our cities, the Muslim innovators who helped build
some of our highest skyscrapers and who helped unlock the secrets of our
universe.” #19 “That experience guides my
conviction that partnership between America and Islam must be based on what
Islam is, not what it isn’t. And I consider it part of my responsibility as
president of the United States to fight against negative stereotypes of Islam
wherever they appear.” #20 “I also know that Islam has
always been a part of America’s story.” #1
“Whatever we once were, we are no longer a Christian nation” #2 “We do not consider ourselves a Christian
nation.” #3 “Which
passages of scripture should guide our public policy? Should we go with Leviticus,
which suggests slavery is OK and that eating shellfish is an abomination?
Or we could go with Deuteronomy, which suggests stoning your child if he strays
from the faith?” #4 “Even
those who claim the Bible’s inerrancy make distinctions between Scriptural
edicts, sensing that some passages – the Ten Commandments, say, or a belief in
Christ’s divinity – are central to Christian faith, while others are more
culturally specific and may be modified to accommodate modern life.” #5 “The
American people intuitively understand this, which is why the majority of
Catholics practice birth control and some of those opposed to gay marriage
nevertheless are opposed to a Constitutional amendment to ban it. Religious
leadership need not accept such wisdom in counseling their flocks, but they
should recognize this wisdom in their politics.” #6 From Obama’s book, The
Audacity of Hope: “I am not willing to have the state deny American
citizens a civil union that confers equivalent rights on such basic matters as
hospital visitation or health insurance coverage simply because the people they
love are of the same sex—nor am I willing to accept a reading of the Bible that
considers an obscure line in Romans to be more defining of Christianity than
the Sermon on the Mount.” #7 Obama’s
response when asked what his definition of sin is: “Being out of alignment with
my values.” #8 “If all it took was someone
proclaiming I believe Jesus Christ and that he died for my sins, and that was
all there was to it, people wouldn’t have to keep coming to church, would
they.” #9 “This is something that I’m
sure I’d have serious debates with my fellow Christians about. I think that the
difficult thing about any religion, including Christianity, is that at some
level there is a call to evangelize and prostelytize. There’s the belief,
certainly in some quarters, that people haven’t embraced Jesus Christ as their
personal savior that they’re going to hell.” #10 “I find it hard to believe
that my God would consign four-fifths of the world to hell. I can’t
imagine that my God would allow some little Hindu kid in India who never
interacts with the Christian faith to somehow burn for all eternity.
That’s just not part of my religious makeup.” #11 “I don’t presume to have
knowledge of what happens after I die. But I feel very strongly that whether
the reward is in the here and now or in the hereafter, the aligning myself to my
faith and my values is a good thing.” #12 “I’ve said this before, and
I know this raises questions in the minds of some evangelicals. I do not
believe that my mother, who never formally embraced Christianity as far as I
know … I do not believe she went to hell.” #13 “Those opposed to abortion
cannot simply invoke God’s will–they have to explain why abortion violates some
principle that is accessible to people of all faiths.” #14 On his
support for civil unions for gay couples: “If people find that controversial
then I would just refer them to the Sermon on the Mount.” #15 “You got into these small towns
in Pennsylvania and, like a lot of small towns in the Midwest, the jobs have
been gone now for 25 years and nothing’s replaced them. And they fell through
the Clinton Administration, and the Bush Administration, and each successive
administration has said that somehow these communities are gonna regenerate and
they have not. And it’s not surprising then they get bitter, they cling to guns
or religion or antipathy to people who aren’t like them or anti-immigrant
sentiment or anti-trade sentiment as a way to explain their frustrations.” #16 “In our household, the
Bible, the Koran and the Bhagavad Gita sat on the shelf alongside books of
Greek and Norse and African mythology” #17 “On Easter or Christmas
Day, my mother might drag me to church, just as she dragged me to the Buddhist
temple, the Chinese New Year celebration, the Shinto shrine, and ancient
Hawaiian burial sites.” #18 “we have Jews, Muslims,
Hindus, atheists, agnostics, Buddhists, and their own path to grace is one that
we have to revere and respect as much as our own” #19 “All of us have a
responsibility to work for the day when the mothers of Israelis and
Palestinians can see their children grow up without fear; when the Holy Land of
the three great faiths is the place of peace that God intended it to be; when
Jerusalem is a secure and lasting home for Jews and Christians and Muslims, and
a place for all of the children of Abraham to mingle peacefully together as in
the story of Isra — (applause) — as in the story of Isra, when Moses, Jesus,
and Mohammed, peace be upon them, joined in prayer. (Applause.)” #20 “I
believe that there are many paths to the same place, and that is a belief that
there is a higher power, a belief that we are connected as a people.” About the author: Michael
T. Snyder is a former Washington D.C. attorney who now publishes The Truth. His new thriller entitled “The
Beginning Of The End” is now available on Amazon.com.
Maine
communities contemplate 'neighborhood secession'...
Senate
Will Reject...
Obama
Will Veto...
'SHUTDOWN'
LOOMS...
Digital
Revolution Rallies Troops...
BOEHNER
MAKES MOVE Islamic
Terror Groups Are Killing Christians All Over The World And Obama Wants Us To
Ally With Them
Over the past couple of days, we
have witnessed some absolutely horrific examples of Islamic terror groups
specifically targeting Christians and those from other non-Muslim
religions. Sadly, this is not a new phenomenon. Radical Islamic
jihadists are constantly attacking churches and slaughtering Christians all
over the planet. The recent events in Pakistan, Kenya and Egypt may have
taken this persecution to a new level, but this is just the continuation of a
trend that has been building for years. Unfortunately, Barack Obama does
not seem too concerned about Islamic terrorism. In fact, he specifically
directed that “all references to Islam” be
removed from terrorism training materials that the federal government
uses. If that wasn’t bad enough, now Obama is actually supplying weapons
to the radical jihadist rebels that want to take over Syria, and he appears to
be very ready to use the U.S. military to attack the Assad regime directly if
“negotiations” with the Syrian government fail. In essence, Obama wants
the United States to be allies with psychotic jihadists that have the exact
same radical philosophy that those who are killing Christians in Pakistan,
Kenya and Egypt have. (Read More.....) The government
is spying on essentially everything
we do. It is not just
"metadata" ... although that is enough
to destroy your privacy The government
has adopted a secret interpretation of the Patriot Act which allows it to pretend
that "everything"
is relevant ... so it spies on everyone. For example, the NSA
"oversight" court believes the mere
claim that terrorists use the phone system is enough to show that all phone
records are relevant NSA
whistleblowers say that the NSA collects all of our conversations word-for-word It's not just
the NSA ... Many other agencies, like the FBI and IRS – concerned only with domestic
issues - spy on Americans as well. The Drug Enforcement Administration has
had direct access to AT&T phone records for 25
years The information
gained through spying is shared
with federal,
state and local agencies, and they are using that information to prosecute petty
crimes such as drugs and taxes. The agencies are instructed to intentionally
"launder" the information gained through spying, i.e. to pretend
that they got the information in a more legitimate way ... and to hide
that from defense attorneys and judges The Department
of Health and Human Services will also have access to vast
quantities of sensitive federal data on Americans as part of Obamacare
(here's the underlying Government Accountability Office report) The NSA not
only shares our information with other American agencies, it
also gives personal, sensitive unfiltered information on Americans to Israel and
other
foreign nations And it's not
only governments. Private contractors can also view
all of your data (and the government isn’t
keeping track of which contractors see your data and which don’t). And
because background
checks regarding some contractors are falsified, it is hard to know the
types of people that might have your information. Indeed, private contractors
are involved in spying on behalf of governments world-wide It's not just
your computer and your phone. It is well-documented that the government may be
spying on us through cars
and buses, streetlights, at airports and on the street, via mobile scanners and
drones, through our smart meters, and in many other ways Top
counter-terror experts say that the government’s mass spying doesn't keep us safe Indeed, they
say that mass spying actually hurts U.S.
counter-terror efforts (more here
and here) They say we
can, instead, keep
everyone safe without violating the Constitution ... more cheaply and efficiently
than the current system There is no real oversight
by Congress, the courts, or the
executive branch of government. And see this and this. Indeed, most Congress
members had no
idea what the NSA is doing. Even staunch defenders of the NSA -
and congress
members on the intelligence oversight committees - now say they've
been kept in
the dark A Federal judge
who was on the secret spying court for 3 years says
that it's a kangaroo
court Even the current
judges on the secret spying court now admit that they're
out of the loop and powerless to exercise real oversight. When these
judges raised concerns about NSA spying, the Justice Department completely ignored
them A former U.S. president
says that the spying program shows that we no
longer have a functioning democracy The chairs of
the 9/11 Commission say that NSA
spying has gone way too far Top
constitutional experts say that Obama and Bush are worse
than Nixon ... and the Stasi East Germans While the
government initially claimed that mass surveillance on Americans prevented more
than 50 terror attacks, the NSA’s deputy director John Inglis walked that position
back all the way to saying that – at
the most
– one (1)
plot might
have been disrupted by the bulk phone records collection alone. In other
words, the NSA can't prove that stopped any terror attacks. The government greatly
exaggerated an alleged recent terror plot for political purposes (and
promoted the fearmongering of serial liars). The argument that recent
terror warnings show that NSA spying is necessary is so weak that American
counter-terrorism experts have slammed it as "crazy
pants" You're much
more likely to be killed by brain-eating amoeba,
lightning or a toddler than by terrorism. Even President Obama
admits that you're
much less likely to be killed by terrorists than a car accident. So the
government has resorted to lamer
and lamer excuses
to try to justify mass surveillance Experts say
that the
spying program is illegal, and is exactly the kind of
thing which King
George imposed on the American colonists ... which led to the Revolutionary War A Harvard law school
professor - and director of the Berkman Center for Internet & Society
at Harvard University - says: The top
counter-terrorism Czar under Clinton and Bush says that revealing
NSA spying programs does not harm national security The
feds are considering prosecuting the owner of a private email company -
who shut down his business rather than turning over records to the NSA - for
refusing to fork over the information and keep quiet. This is a little like
trying to throw someone in jail because he's died and is no longer paying taxes Whistleblowers
on illegal spying have no "legal"
way to get the information out Spying
started before
9/11 ... and various
excuses have been used to spy on Americans over the years Governments and
big corporations are doing everything they can to
destroy
anonymity Mass spying creates
an easy mark for
hackers.
Indeed, the Pentagon
now sees the collection of "big data" as a "national
security threat" ... but the NSA is the biggest data collector on the
planet, and thus provides a tempting mother lode of information for foreign
hackers Mass
surveillance by the NSA directly
harms internet companies, Silicon Valley, California … and the entire U.S. economy.
For example, Facebook lost 11
millions users as of April mainly due to privacy concerns (and that was before
the Snowden revelations). And see these reports from Boingboing and the Guardian IT
and security
professionals are quite
concerned about government spying Some people make
a lot of
money off of mass spying. But the government isn't
using the spying program to stop the worst
types of lawlessness The NSA spying
program is unambiguously being used for industrial espionage, by spying on large
foreign corporations, and the biggest financial
payments
systems such as VISA and Swift. Indeed, in a slide leaked
by Edward Snowden, "economic"
was one of the main justifications for spying The top U.S.
spy's justifications for such financial spying is not
very reassuring: Top financial
experts say that the NSA and other intelligence agencies are using the
information to profit
from this inside information The Wall Street
Journal reported that the NSA spies on Americans’ credit card transactions.
Many other agencies are doing the same. In fact, virtually all U.S. intelligence agencies
– including the CIA and NSA – are going to spy on Americans’ finances.
The IRS will also be spying on
Americans’ shopping
records, travel, social interactions, health records and files from other
government investigators Polls show that
the public doesn’t believe the NSA … and thinks that the
government has gone way too far in the name of
terrorism While leaker
Edward Snowden is treated as a traitor by the fatcats and elites, he is considered
a hero
by the American public. Members of the Executive,
Legislative and Judicial branches of government have all praised
the debate on spying which Snowden's leaks started The heads of
the intelligence services have repeatedly
been caught lying
about spying. And even liberal publications are starting to say that Obama
has been intentionally lying about spying. The government claimed that most
spying programs ended in 2011, when - in fact - they were expanded
that year Obama says
he'll rein in spying ... but his words
and deeds indicate that he won't. Indeed, Obama appointed
the fox to guard
the chicken coop. No wonder only
11% of Americans trust Obama to actually do anything to rein in spying A huge majority
of Americans wants the director of intelligence - Clapper - prosecuted for perjury.
One of the chairs of the 9/11 Commission agrees While the Obama
administration is spying on everyone in the country – it is at the same time
the most secretive administration ever (background). That’s despite Obama saying
he’s running the most transparent
administration ever The NSA treats
the American people with contempt. For
example, Spiegel notes: Worse, the
intelligence agencies often view normal, true-blue Americans as potential
terrorists
(and see
this) A Congressman
noted that - even if a mass surveillance program is started
for good purposes - it will inevitably turn
into a witch
hunt There are
indications that the spy agencies aren't just passively gathering information,
but are actively
using it in mischievous ways Surveillance
can be used to frame you
if someone in government happens to take a dislike to you Government
spying has always
focused on crushing dissent … not on keeping us safe An NSA
whistleblower says that the
NSA is spying on – and blackmailing – top government officials and military
officers (and see
this) High-level US
government officials have warned
for 40 years that mass surveillance would lead to tyranny in America A top NSA
whistleblower says that the only way to fix things is to fire all
of the corrupt government officials who let it happen. As the polls above
show, the American public is starting to wake up to that fact
Raises
concerns in U.S....
Gunmen
executed non-Muslims after asking them to name Prophet Mohammed's mother...
'Could they be more out
of touch?'
'We
are not some Banana Republic'... { Au contraire … http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm http://albertpeia.com/fbimartinezcongallard.htm }
3-year-old
boy shot in face...
Quantitative
Easing Worked For The Weimar Republic For A Little While Too
Druckenmiller
Blasts "The Biggest Redistribution Of Wealth From The Poor To The Rich
Ever"
Reflecting
on exactly what was said yesterday, Duquesne's Stanley Druckenmiller is
initially perplexed as Bernanke explained 'financial conditions' - not interest
rates - have prompted the decision to forestall any taper. His confusion is
that financial conditions are actually slightly better than they were in June
and "a stock market at
an all-time high would suggest we don't have a problem with financial
conditions." While he dismisses surveys, the big-money was
betting that they were going to taper as is clear from the moves in gold,
bonds, and stocks; and it appears the Fed "lost their nerve." In
fact, Druck continues, the
Fed "blew it... they had a freebie," they could have
started the process to "get us off the dope." This action, or
inaction, he warns "is going to make it so much harder for the next
Chairman to start the process." In fact, he concludes, that from beginning to end - once markets adjust
from these subsidized prices - that the wealth effect of QE will have been
negative not positive.McCain's
self-defeating Pravda op-ed can only help Putin Washington Post (blog) - by
Max Fisher Senator
John McCain, a frequent critic of the Kremlin, responded to Russian
President Vladimir Putin's New York Times op-ed
with his own, ...
DOCTOR OBAMACARE, a
photo by WilliamBanzai7/Colonel
Flick on Flickr.Dozens
Killed By Freakishly Huge Hornets In China – And Now They Are Attacking People
In The U.S. Too
Are
You Prepared For An Extremely Bitterly Cold Winter? Solar Activity Is At A 100
Year Low
