[WB7: Dear Lloyd, Please don't ever resign...You are the most sorry and visible douche bag of a target we all could ever hope for.

DOT QE

Monday, September 23, 2013

PRINTER MADNESS

iPhone MAIDS

THE LOST COUNT

BIG NOSE JAMIE

BERNANKE THE GREAT

THE QE REAPER

QUANTITATIVE EASING

QE BUM

WHEN THE FAT FRAULEIN SINGS

USAGI UPDATE

GOT FOOD?

MARVELOUS FEATS IN MIND READING

MINI QE

USAGI

$5.25 Million For Senate Hair Care And 21 Other Ways Politicians Are Living The High Life At Your Expense

If you want to live the high life, you don't have to become a rap star, a professional athlete or a Wall Street banker. All it really takes is winning an election. Right now, more than half of all the members of Congress are millionaires, and most of them leave "public service" far wealthier than when they entered it. Since most of them have so much money, you would think that they would be willing to do a little "belt-tightening" for the sake of the American people. After all, things are supposedly "extremely tight" in Washington D.C. right now. In fact, just the other day Nancy Pelosi insisted that there were "no more cuts to make" to the federal budget. But even as they claim that things are so tough right now, our politicians continue to live the high life at the expense of U.S. taxpayers. The statistics that I am about to share with you are very

Cyprus-Style Wealth Confiscation Is Now Starting To Happen All Over The Globe

Now that "bail-ins" have become accepted practice all over the planet, no bank account and no pension fund will ever be 100% safe again. In fact, Cyprus-style wealth confiscation is already starting to happen all around the world. As you will read about below, private pension funds were just raided by the government in Poland, and a "bail-in" is being organized for one of the largest banks in Italy. Unfortunately, this is just the beginning. The precedent that was set in Cyprus is being used as a template for establishing bail-in procedures in New Zealand, Canada and all over Europe. It is only a matter of time before we see this exact same type of thing happen in the United States as well. From now on, anyone that keeps a large amount of money in any single bank account or retirement fund is being incredibly foolish. (Read More....)

20 Ordinary Americans Talk About The Economic Despair That Is Growing Like A Cancer All Around Them

There are hundreds of formerly prosperous communities all over America that are being steadily transformed into rotting, decaying hellholes. The good paying middle class jobs that once supported those communities are long gone, and they have been replaced with low paying service jobs if they have been replaced at all. When you visit those communities, it is almost as if all of the hope has been sucked right out of the air. It can be absolutely heartbreaking to look into the hollow eyes of someone that has totally given in to despair, but unfortunately the number of Americans that are giving up on the economy continues to grow. Today, the labor participation rate is the lowest that it has been in 35 years, and more than 100 million Americans are enrolled in at least one welfare program. It is easy to say that they should just "get a job", but as I have written about repeatedly, our economy simply is not producing enough jobs for everyone anymore. The percentage of working age Americans with a job has remained at the same level that it was at during the worst days of the last recession, and meanwhile the quality of our jobs has continued to steadily decline. Median household income has fallen for five years in a row, but the cost of living continues to rise rapidly. The middle class is being systematically shredded, and poverty is growing at an alarming rate. The U.S. economy has been in decline for a long time, and the really bad news is that it appears that this decline is about to accelerate. (Read More....)

Fed Owns More Debt Than America Amassed From Washington Through Clinton...

Women That Are Man Enough: Girls Who Run the World Posted by: Pivotfarm Post date: 09/23/2013 - Men have had their stab at making the world into what they wanted and they made a pretty poor show of it all we might say when we look at the economy.

Ted Turner: Men Should Be Barred From Political Office For 100 Years... { Indeed, Ted … but, just decades at best … }

THIS Will Destroy Shareholder Value Posted by : Capitalist Exploits Post date: 09/24/2013 - A corporate culture that allows wasteful spending engenders fraud, corruption and systematically destroys shareholder value.

Quantitative Easing Worked For The Weimar Republic For A Little While Too

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....)

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, ...

{ 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! }

This Time Around The Fed IS The Bubble Posted by: Phoenix Capital... Post date: 09/20/2013 - In the past, the Fed has been the fuel for bubbles. This time around, the Fed IS the bubble itself, with its balance sheet expansion driving ALL assets higher.

Ron Paul on U.S. Fed QE: Prepare for the Destruction of the Dollar Posted by: GoldCore Post date: 09/20/2013 - David Asman: What happens now? If it’s Yellin she'll be like Bernanke on steroids. What does that mean for our economy? Dr Paul: Prepare for the destruction of the dollar and the crash of...

CNBC | Fed shifting a massive amount of wealth from the middle class and poor to the rich.

Too Big To Fail Is Now Bigger Than Ever Before

The too big to fail banks are now much, much larger than they were the last time they caused so much trouble. The six largest banks in the United States have gotten 37 percent larger over the past five years. Meanwhile, 1,400 smaller banks have disappeared from the banking industry during that time. What this means is that the health of JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley is more critical to the U.S. economy than ever before. If they were "too big to fail" back in 2008, then now they must be "too colossal to collapse". Without these banks, we do not have an economy. The six largest banks control 67 percent of all U.S. banking assets, and Bank of America accounted for about a third of all business loans by itself last year. Our entire economy is based on credit, and these giant banks are at the very core of our system of credit. If these banks were to collapse, a brutal economic depression would be guaranteed. Unfortunately, as you will see later in this article, these banks did not learn anything from 2008 and are being exceedingly reckless. They are counting on the rest of us bailing them out if something goes wrong, but that might not happen next time around. (Read More....)

Greece On The Verge? Military Special Forces Have 15 Demands... Or Else

Greek government authorities are on alert after a union of Greek army reservists of Special Forces issued a statement urging the Greek administration to step down and make way for a national unity government. As Keep Talking Greece notes, the statement on the union' website included 15 demands - including the resignation of the Greek President - and urged people to gather at the infamous Syntagma Square on Saturday. The statement was interpreted by some as a call to a "coup d'etat" - denied by the union - but prompted Greece's Supreme Court to meet to discuss it.

Iran Sets Framework For Nuclear Program Negotiations: Demands Lifting Of All Sanctions

How To Lose 32% With Jim Cramer In Three Weeks: "Jump on J.C. Penney"

"Has J.C. Penney (JCP) bottomed? How many times have I heard that one? It has to be the most asked question now that we are seeing some of the highest quality hedge funds in the situation, including Perry Capital (run by my old friend Rich Perry) as well as Glenview Capital and Kyle Bass. Suffice it to say that I don't think there could be many investors as wise as these people. They aren't approaching the situation idly and I think they are going to be right. To me, that's a lot of ways to get the stock to $18.... Can this stock go up $5 on a new CEO and a better holiday season? Yes. And that's why it is worth joining these great hedge funds. Not because they are in it. But because the time and the price are right. You don't need to know anything else for the moment."

So Many Lies, So Little Time: JCP Sells 84 Million Shares Via Goldman Sachs Hours After Telling CNBC It Won't Sell Equity

Remember when one after another JCPenney executive lined up earlier today, mostly using that damage control TV outlet known as CNBC, to promise that JCP does not, repeat not, need emergency public equity funding? Guess what: they were lying. Just out from Bloomberg:

J. C. PENNEY ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOC
J. C. PENNEY COMMENCED PUBLIC OFFERING OF 84 MILLION SHARES

Detroit’s Bankruptcy Postmortem: The Worms Keep Slithering Out

You may have seen recent revelations that Detroit routinely raided its pension funds to award extra cash – including bonuses dubbed “the 13th check” – to both retirees and active employees. These payments were far in excess of the city’s negotiated obligations and hidden from both the public and Detroit’s bond investors. There may be no cleaner account of the repercussions of handing power to those who show their compassion with the public purse. However well meaning the union reps controlling Detroit’s pension board may have been, their politics clearly compromised the city’s long-term health.

Stocks End Losing Streak With Low Volume Limp Higher

It would have been the worst streak since May 2012 but thanks to a damp squib of a day, the S&P (and other US equity indices) managed to hold on to gains in another 'spikey' day's trading in stocks. USD strength (on EUR and JPY weakness) spooked gold and silver modestly (with gold underperforming) as copper rallied to recouple with them on the week. WTI lifted very quietly to $103. Treasury yields lifted very gently higher all day ending +1 to 2bps only. Once again, the S&P found resistance at the pre-Un-Taper levels from last week and was sold quickly on recovering that level and the Dow remains below pre-Summers-Out levels. All-in-all a very quiet day as individual names from JNY to JCP and from MBI to HTZ caught all the attention.

Jeff Gundlach Market Outlook Update - Audio Webcast

Today at 4:15 pm Eastern, Doubleline's Jeff Gundlach will be sharing his latest outlook on the markets via an audio-only webcast, and as usual addressing what he believes are the best investment strategies. The audio for this webcast can be accessed at the link below (link to register here). Phone lines are be available for dial-in at (877) 407-1869 or for international calls (201) 689-8044.

Blast From The "No QE Exit" Past

Almost 4 years ago, The FT's Mike Mackenzie penned a very prophetic article explaining exactly the dilemma the Fed is now facing: "No matter how bulled up the equity market becomes, should data improve, the Fed is likely to remain very cautious, mindful that it needs to keep the bond market happy. Becoming the buyer of last resort in the past year resulted in the Fed crossing an important line in the bond market." The full piece is well worth a read as a reminder that plenty of people saw this coming, Mackenzie concludes: "the eventual end of QE will be a messier affair than perhaps many investors care to think. And one that bodes ill for the dollar and US fiscal policy down the road."

Cyprus-Style Wealth Confiscation Is Starting All Over The World

Now that "bail-ins" have become accepted practice all over the planet, no bank account and no pension fund will ever be 100% safe again. In fact, Cyprus-style wealth confiscation is already starting to happen all around the world. As we warned two years ago, "the muddle through has failed... and there may only be painful ways out of this."

As US Default Risk Spikes To 5-Month High, Here Is How To Trade The Debt Ceiling Showdown

The last 4 days have seen the price of protection against a default on US Treasuries spike by the most in 4 years. While USA CDS trade on both a default and devaluation basis (as well as technical issues related to which Treasury is cheapest to deliver) this spike to 5-month highs (from what was extremely high levels of complacency) is very notable in light of today's Kocherlakota "whatever it takes" speech. While still well off 2011's debt ceiling debacle panic highs, this move does suggest more than just the politicians are worried about a technical default occurring on US debt. By way of comparison, Germany trades at 23bps and Japan at 61bps against USA's 32bps. But there is a way to trade the debt-ceiling debacle that doesn't invlove leveraged speculation in credit derivatives...

The Federal Reserve Policymaker Bias Cheat-Sheet

Taper or no Taper. Tapering is not tightening but flow is more important than stock. Doves being hawkish and hawks fearfully dovish... We have seen it all in the last few weeks. In order to keep it all in perspective, Credit Suisse have created this simple cheat-sheet of their informal determination of the Fed official's policy biases based on each official’s voting history and public comments.

The Big-Picture Economy, Part 4: Income Disparity And Education

Rising income disparity in the U.S. troubles many of us, for a number of reasons. If more of the national income is flowing to the top 1/2 of 1% and less to those earning income from their labor, the foundations of both a vibrant economy and stable democracy are undermined. Many observers identify education as one solution for rising income disparity, as those with higher education (college) have more skills and knowledge and tend to earn more. Statistically, the connection between getting a college degree and higher incomes is weakening as those with college degrees are now in surplus. "More education" of the current sort is not a panacea to wealth inequality, as the widening gaps in education, employment and income are all reflections of a much larger set of forces at work.

Obamacare: The Most Polarizing Legislation In The History Of Congress?

While everyone knows that there is a profound ideological schism when it comes to those for and against the Affordable Care Act, aka Obamacare, what may not be appreciated is that Obamacare was, and still is, the most contentious and polarizing legislation in the history of Congress. At least, it is according to JPMorgan. In the chart below, JPM's Michael Cembalest shows that the "disagreement gap" between Republicans and Democrats in the House and Senate, over 100 years of impactful legislation, has never been greater than with Obamacare.

White House Says "No Deal" On GOP Proposal To Raise Debt Ceiling

Treasury Sells $29 Billion 7 Year Paper In Sloppy Auction: Largest Tail Since June 2012

If yesterday's 5 Year auction was largely unremarkable, today's issuance of $29 billion in 7 Year paper was downright weak. Of note: the high yield of 2.058% tailing well above, or nearly 1 basis point wider, compared to the When Issued which was trading at 2.049%. This was the largest tail since June 2012 according to SMRA calculation. Additionally while the 2.46 Bid To Cover was not a new four year low, it was the second lowest since May 2009, and only better compared to last month's 2.43 BTC in the August revulsion of an auction. The internals were less exciting with Directs taking down 17.8%, Indirects 42%, and the balance, or 40.21% going to Dealers. Over all, a very weak auction and the Bid to Cover rate is most certainly continuing its downward trajectory now that the future of Fed TSY backstops in perpetuity is in question.

Teens Promised Illuminati Membership In Return for Sex

Paul Joseph Watson | Yet another bizarre example of the Illuminati fad linked with criminal behavior.

Telemarketing Calls and Spam Mail to Skyrocket Under Obamacare

Kit Daniels | Taxpayer-funded workers are paid based on the number of Americans they enroll in gov’t health program.

Airsoft Gun Panic: Boy Faces Criminal Charges, School Locked Down Over Toy Weapon

Steve Watson | 7-year-old suspended as “weapons offender” for bringing novelty pen onto school bus.

Friend of Chechen Man Executed by FBI, Arrested and Interrogated for Hours

Julie Wilson | FBI asked some of Todashev’s friends to “spy on local mosques and threatened to arrest them if they didn’t”

TSA To Roll Out “Covert Surveillance” Vans

Girlfriend of Chechen Man Brutally Murdered by FBI Speaks Out

Julie Wilson | Todashev would “point out cars that he believed were driven by FBI agents,” said his girlfriend.

FBI Statement About Navy Yard Shooter Discredits Anti-ELF and Smart Meter Movement

Kurt Nimmo | Health issues associated with Smart Meters are well documented.

“Secret” 3G Intel Chip Gives Snoops Backdoor PC Access

Paul Joseph Watson | vPro processors allow remote access even when computer is turned off.

Mike Krieger | In this case, pundits laugh at Peter’s insistence that there will be no taper.

Michael Snyder | If you want to live the high life, you don’t have to become a rap star, a professional athlete or a Wall Street banker.

Telemarketing Calls and Spam Mail to Skyrocket Under Obamacare

Kit Daniels | Taxpayer-funded workers are paid based on the number of Americans they enroll in gov’t health program.

FBI Statement About Navy Yard Shooter Discredits Anti-ELF and Smart Meter Movement

Kurt Nimmo | Health issues associated with Smart Meters are well documented.

Girlfriend of Chechen Man Brutally Murdered by FBI Speaks Out

Julie Wilson | Todashev would “point out cars that he believed were driven by FBI agents,” said his girlfriend.

Obama’s Approval Rating Matches Two-Year Low, Poll Shows

New York Times | President Obama’s standing with Americans has slumped significantly.

Friend of Chechen Man Executed by FBI, Arrested and Interrogated for Hours

Julie Wilson | FBI asked some of Todashev’s friends to “spy on local mosques and threatened to arrest them if they didn’t”

“Secret” 3G Intel Chip Gives Snoops Backdoor PC Access

Paul Joseph Watson | vPro processors allow remote access even when computer is turned off.

Special Report: We Are Winning The Fight Against Monsanto & GMOs

Anthony Gucciardi | We are now winning the overall war against the corporate monopoly and genetically modified creations at large.

The Foundry | Did you know that since President Obama came into office, the debt limit has been raised seven times?

Zero Hedge | Not everyone loathes this insipid and meaningless annual ritual.

Americans For Tax Reform | The IRS is unable to account for $67 million spent from a slush fund established for Obamacare implementation, according to a TIGTA report released today.

Obamacare - An Unintended Consequence? Posted by : Bruce Krasting Post date: 09/25/2013 - 11:43 It's possible that the liberal's ultimate objective of achieving a single payer system, might well prove to be their undoing.

Obamacare, Washington and Wall Street Posted by: Pivotfarm Post date: 09/24/2013 - When Obamacare was thought up it was more than just a presidential pledge to woo the poverty-stricken Americans into believing (and voting) that healthcare should be provided for all and sundry and...

BO ADMITS: 'WE DID RAISE TAXES ON SOME THINGS'

CRUZ CONTINUES ON LIMBAUGH...
'Senate Republicans not interested in winning'...
Premiums: Tennessee men face 290% increase, women 197%...
TRIPLES KY FAMILY'S INSURANCE OVERNIGHT...
Wedding tax?
DC Computer Glitches Force 6-Week Delay...
Coulter: Cruz control should be standard on GOP models...

MCCONNELL: Obamacare WILL fall apart...

IRS Watchdog: $67 Million Missing from Obamacare Slush Fund...

THe CoNTiNuouS FaRCe oF BiG NoSe JaMie... Posted by: williambanzai7 Post date: 09/23/2013 - Fulla Bologna!

THe CoNTiNuouS FaRCe oF BiG NoSe JaMie...

Submitted by williambanzai7 on 09/23/2013 12:31 -0400

inShare

Support your local artist...

WilliamBanzai7 Fine Art Prints

Inquiries: [email protected]

Political Dis-Unity, Fed Dis-Credited, And Market Dysphoria

Submitted by Tyler Durden on 09/24/2013 - 10:36

Markets, risk assets in particular, do not like political dis-unity. The FOMC seem dis-unified; delivery differing messages. Comments by Dudley and Fisher were not just marginally different, but rather stark contrasts. Trust in the Fed and in its’ communication strategy have been tarnished. Markets are now confused as to when, why, and how the Fed will be able to change course. When the taper is in full-swing that equities and bonds will drift to lower prices. However, the immediate trade may require paring risk, and rebalancing portfolios, i.e. stocks down, bonds drifting higher in price (risk off).

Consumer Confidence Drops Most In 6 Months To 4 Month Low

Submitted by Tyler Durden on 09/24/2013 - 10:11

Following UMich confidence's biggest miss on record, the Conference Board misses expectations printing at its lowest since May 2013 as the last data was revsied higher. This is the largest MoM drop since March. Crucially, the headline index was saved by a surge in the "present situation" as expectations for the future plunged. As a reminder, Consumer Confidence has an awkward 4 year 4 month pattern of dysphoria to euphoria (though at progressively lower levels) and today's data merely confirms that the cycle of exuberance may have been broken.

GALLUP: Belief That Gov't Too Powerful Hits Record High...

Parisian cat cafe offers 'purr therapy'...

Brazil's president hammers Obama over spying...

'Serious violation of human rights, disrespect to sovereignty of my country'...

'Without the right of privacy, there is no real freedom of speech'...

REPORT: Michelle O has nearly 2 million FAKE TWITTER followers...

T-MINUS 6 DAYS: Not plan president sold America...

Horror stories emerge: Family's premiums triple...

Doctors Brace for Surge of Patients...

Frustration Mounts...

Many small-business exchanges not ready...

SPOOKED: Obama taps 'Secretary of Explaining Stuff' to sell...

IN MEMORY OF MRS BaNZai7... Posted by : williambanzai7 Post date: 09/24/2013 - This one's for you Mom...

IN MEMORY OF MRS BaNZai7...

Submitted by williambanzai7 on 09/24/2013

MRS BANZAI7

My Mom passed away two weeks ago today.

Many of you know that she was an avid reader of Zero Hedge.

While it is true that she read every Banzai7 post including all of the comments and links, she also read many of the other posts on the site, particularly those that she was able to navigate without a background in finance (try though she did).

My Mom and Dad both survived the worst hardship and suffering inflicted in the middle of the last century, in particular WWII.

It is no surprise she hated everything about war and the corruption that we know goes with it.

Consequently, she was one of my two main barometers when it came to measuring the current state of world affairs against the past, the other being my Dad.

As I have mentioned, she was appalled by everything that has happened since 9/11 and more recently the kleptofascist freakshow we call Wall Street and Vichy DC. For a person in her mid-eighties, she had an uncanny grasp of what was happening and made no secret of it. She got some of the names mixed up at times, Ben Corzine, Lloyd Bernanke etc., but she knew the score.

Her demise was unexpected and although she was thoroughly disgusted by current events, I am pleased to report that she was cheerfully living a pleasant and active life style to the very end.

I was with her during her final moments via two iPads and made a point of telling her, among other important things, that we were not going to war in Syria and I am sure she heard what I said about the latest episode of the Obozo show.

Rather than keeping this to myself, I have decided to share it with you for two reasons.

First, many of you have said some very nice things here that were meant as a compliment to her. I want you to know that those comments did not go unnoticed and genuinely made her day. They served as a direct affirmation of her unequivocable support for what I have been doing since 2008.

On her behalf, thank you.

Second, as I now do these posts I am still comforted by the warm feeling of knowing how much she approved. I won't be able to review the posts with her daily on Skype (sorry NSA), but I know what she would have thought and that just quadruples my resolve to keep doing what I am doing.

It is estimated that 250 people attended Mom's memorial service, a standing room only crowd.

This was a person who touched many people in a positive way and will be deeply missed in her community.

During all the frustration we have experienced during the past several years she would constantly recite the serenity prayer:

“Lord grant me the serenity to accept the things I cannot change,

the courage to change the things I can, and the wisdom to know the difference.”

Wise words to follow.

This one's for you Mom...

R.I.P.

Your loving son,

WilliamBanzai7

Looking at guns in Mexico and at some farmers that take law into their own hands Posted by : hedgeless_horseman Post date: 09/23/2013 - "My daughter was raped and abducted," said a Mexican farmer. President Obama says, "What's different in America is it's easy to get your hands on a gun."

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.....)

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 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 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".

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:

"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."

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:

"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?

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

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...

Raises concerns in U.S....

Gunmen executed non-Muslims after asking them to name Prophet Mohammed's mother...

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...

'Could they be more out of touch?'

OBAMA: Republicans 'trying to mess with me'...
'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 }

13 shot in mass shooting at Chicago park...
3-year-old boy shot in face...

CA Dem wishes death upon Ted Cruz staffer's children...

17,679 things the federal government has done since sequestration...

BaNZaI7 ReVieWS TaPeR BaSiCS... Posted by: williambanzai7 Post date: 09/17/2013 - BANZAI7 FOOD AND BEVERAGE WARNING LEVEL 8

BaNZaI7 ReVieWS TaPeR BaSiCS...

Submitted by williambanzai7 on 09/17/2013 15:14 -0400

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.

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Bernanke's big nipples are sore

Jamie's been sucking them more

Jamie's so rough

And Ben's had enough

He's starting to feel like a whore

The Limerick King

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The people are starting to feel

An end to the FED's QE deal

If tapers begin

Like staples on skin

The pain from the FED could be real

The Limerick King

WilliamBanzai7 Fine Art Prints

Inquiries: [email protected]

Our operatives are waiting to assist you...

Russia’s Putin Says He May Seek 4th Term as President { Indeed he should! }

RIA Novosti | Putin said Thursday that it was possible he would seek a fourth presidential term.

Three NATO Soldiers Killed in Afghan 'Insider Attack'...

Troop deaths hit record as America exits...

DOPE FIEND FUNNIES

DOPE FIEND FUNNIES, a photo by WilliamBanzai7/Colonel Flick on Flickr.

DEBT BROTHER

DEBT BROTHER, a photo by WilliamBanzai7/Colonel Flick on Flickr.

Thursday, September 19, 2013

Wednesday, September 18, 2013

QE 1929

QE 1929, a photo by WilliamBanzai7/Colonel Flick on Flickr.

TAPERED

MORNING LIGHT

MORNING LIGHT, a photo by WilliamBanzai7/Colonel Flick on Flickr.

Tuesday, September 17, 2013

MUTTI HAIRY

MUTTI HAIRY, a photo by WilliamBanzai7/Colonel Flick on Flickr.

DOCTOR OBAMACARE, a photo by WilliamBanzai7/Colonel Flick on Flickr.

Are You Prepared For An Extremely Bitterly Cold Winter? Solar Activity Is At A 100 Year Low

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....)

AiG IN SiX...

FaT BoTToMeD GoLDMaN GiRL... Posted by: williambanzai7 Post date: 09/25/2013 - Get on your bailout bikes and ride!

FaT BoTToMeD GoLDMaN GiRL...

Monday, September 23, 2013

Ted Turner: Men Should Be Barred From Political Office For 100 Years... { Indeed, Ted … but, just decades at best … }

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, ...