War
blurs humanitarian focus in Libya (Washington Post) [ Wow! Call me naïve, but it's getting
difficult … blurs? … as in fact from fiction … truth versus falsity …
propaganda as opposed to reality … and then there's the no small task of
keeping up with gates' positions.
Obama
Sends Murder Incorporated to Libya Nimmo | The CIA specializes in overthrowing governments and
orchestrating mass murder.
Secret
Illegal War Of Aggression Has Been Raging In Libya For Weeks Watson | UN Resolution or no UN
resolution, US and British spies have been coordinating war for oil for some
time.
Al-Qaeda 100%
Pentagon Run Infowars.com | [UPDATED].
Tarpley
on Libya Rebels: A CIA Secret Army of al-Qaeda Terrorists RT |
Libyan
Rebels in Full, Chaotic Retreat New Yorker |
US set to give
arms to Libyans SMH |
Are
US Soldiers Using Rape, Murder, And Bombing Of Children As War Strategy? Mary Lynn Cramer Countercurrents.org 3-30-11 ...
With the reports of
rape of women by US troops in Iraq (not to mention the alarmingly high rate of
rape of women soldiers within the US military); the bombing of civilian wedding
parties, children at play, and innocent villagers in their homes in Pakistan
and Afghanistan, why is it that Amy has not headlined that “Murder And Rape Are
Being Used By Obama And US Soldiers As Weapons of War”? (And who arrested those
accused Libyan soldiers in Tripoli so quickly? It takes forever to get charges
brought against American troops and contractors accused of rape, torture and
murder in US occupied countries; and even then they most often go free.) ..
This is a video of
several testimonies repeating the same lie about Iraqi soldiers killing babies
in incubators as they fled Kuwait in 1990.
” A key event in
generating momentum for the first U.S. War on Iraq, “Operation Desert Storm”
was a fraudulent report of the murder of Kuwaiti babies by Iraqi soldiers...The
girl relayed a shocking story while sobbing:
'… I saw the Iraqi
soldiers come into the hospital with guns, and go into the room where . . .
babies were in incubators. They took the babies out of the incubators, took the
incubators, and left the babies on the cold floor to die.
The massacre never
occurred. The girl was actually the daughter of a Kuwaiti emir, and had been
coached by the public relations firm Hill and Knowlton to give persuasive false
testimony.” ( How PR Sold the War in the Persian Gulf , by Stauber and
Rampton) http://911review.com/precedent/decade/incubators.html
...'
At least 40 civilians dead in Tripoli strikes: Vatican official Reuters
Obama in
Libya for long haul
Rangel:
Obama Did Not Have Constitutional Authority to Act Unilaterally in Libya
Without Congress’ Approval
Obama
On Energy Sec Chu: “He Actually Deserved His Nobel Prize” Obama jokes about the fact that deep
down he is a warmonger
The
false choice (Washington Post) [ This truly is well said
and needed sayin'. That Ms. Marcus said it in so kindly a way is forgivable if
only because of the expected cordiality of the forum. The truth is, I believe
it's no longer just the false choices. I further believe the american
electorate is snookered virtually all of the time, and has been so for quite
some time with pronounced recognition of same with the last two failed
presidents particularly. Thus, I conclude that the american political system
has become so fatally flawed that it must be deemed broken and unfixable. After
all, america is ever more widely known to be pervasively corrupt and as well,
defacto bankrupt. This sad state of affairs precludes that somewhat amorphous
conclusion attendant to an unknowing shrug of the shoulders and nonsequitur;
viz., they must be doing something right … No they are not! / Then there is the b*** s*** concerning
treasury turning a profit on the (ongoing fed / pomo / wall street) bailouts
that taxpayers have and will continue to pay for in higher prices from oil to
grains to other commodities to fewer jobs, now and in the future. There is no
modern day alchemy that 'spins more paper into gold'. That value has to come from
some place; viz., you! M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep
interest rates this low this long, its inevitable cheap financing can allow
companies to start cobbling each other up. Further Ben's policies allow
companies like IBM to sell bonds at 1% and buy back shares with the proceeds
(total paper bubble-scam). POMO is
occurring almost daily and Primary Dealers can buy back their shares and pay
dividends with what essentially is taxpayer money--nifty trick eh? With all the
geopolitical and nuclear events going on little noticed was Fed "stress
tests" of financial institutions to see if they were healthy enough to buy
back shares and pay dividends. Making the matter sinister and less transparent
is their gag order on the entire process. The Fed also has some toxic waste
they'd like to sell you / ' ...The Fed has injected
$500 billion (another $7B in POMO
Wednesday) to the financial system since January 2011 and that wave of
liquidity is overwhelming most thoughtful analysis... Sure it's the end of the
quarter and a jam-job to close things out puts a smile on investors' faces and
bonuses in portfolio managers' pockets. Painting the tape and window dressing
is against the law … ’
19
Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems Most Americans don't understand what the Fed Reserve is or why it
is at the heart of our economic problems...most of them still blame either the
Democrats or Republicans for inflation, for the housing crash, for our rampant
unemployment and for the national debt. ]
Europe
financial problems deepen (Washington Post) [ Yet you'd
think, and that they expected you to think, with all the 'bread and circuses',
schemin', and perpetual war as here in pervasively corrupt, defacto bankrupt
america that everything was just 'hunky-dory'. That the eu's financial problems
were solved was touted to the tune of about a 1,000 points on the DOW over the
course of just days. We
Are Looking at Trillion-Dollar Plus Annual Interest Payments on U.S. Debt Owens Krugman:
We’re Going To Have To Default On Our Debt One Way Or Another Some dour commentary from Paul
Krugman this morning on the implications of our monster debt. Harry
Dent Warns Major Crash Is Coming! Harry Dent, Jr. Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and
mid-2013, especially around early 2011...
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010
and 2012).
J. P. Morgan
Wants $5 ATM Charge CNBC.com |
Poll: Obama’s
approval hits new low Politico | Half of the registered
voters surveyed for the poll think that the president does not deserve a second
term in office.
Why
your local Hospital could soon shut down (Ad)
European
Central Bank Set to Raise Interest Rates Before Fed Reuters
|
OPEC Could
Reap $1 Trillion This Year National Journal |
Fragile
Budget Talks Resume as Parties Trade ‘Extreme’ Label Fox |
The
Fed Releases Thousands Of Secret Bailout Docs In The Least Transparent Way
Possible The
Federal Reserve on Thursday released the names of banks that borrowed from its
main emergency lending facility during the financial crisis after having run
out of legal appeals to block publication.
A
List Of 28 Things That Will Make You Realise That There Is Something Seriously
Wrong With This Country
China
economist blasts dollar dominance on eve of G20 Dollar dominance
is sowing the seeds of financial turmoil, and the solution is to promote new
reserve currencies, a Chinese government economist said in a paper published on
the eve of a G20 meeting about how to reform the global monetary system. ]
Portugal discloses new and larger
budget deficits for last year, and Ireland says its banks need tens of billions
of dollars in additional capital. The fresh round of bad news is likely to
further shake confidence in Europe’s ability to resolve its lingering financial
problems anytime soon.
Jeff
Immelt faces major PR crises (Washington Post) [ Well, here's my experience in this
suburb to new york, GE's home-state of connecticut which they dominate: RICO
VERIFIED COMPLAINT (see infra). Such includes
and as set forth in the case, inter alia,
·
A judgment had been
entered in my favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of
$300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
·
Counsel Robert
Sullivan on my behalf documented by way of certification upon investigation
that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false
statement he predicated a retaliatory and spurious contempt proceeding against
me causing substantial damage, and for which he sought Judicial Notice of those
and related proceedings as did I in some of my filings.
·
The Order of
Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s
failure to file anything whatsoever by the court’s deadline causing creditors
and me substantial damages: [ Shiff Order of Dismissal With Prejudice on
Coan’s Failure to File Page 1 Page 2 ]
Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief Judge,
USDC, District of Connecticut, who denied Coan’s requested relief as to Coan
but precluded my action against Shiff (although there is no immunity, judicial
or otherwise, for criminal acts, ie., fraud connected with a case under Title
11, USC, etc.) . [ transcript
in pertinent part -
crossexamofcoanbypeia.pdf ] … GE chief executive is
under heat as he addresses tax issue, nuclear technology.
Frauds/Liars
(sic-lawyers)Covering Up for Other Frauds/Liars (sic-lawyers). In Productive
Societies as China, Japan List of Files Regarding Filed Attorney Grievance
Against Fraud coan et als
Or Here For A Clearer
View Of Filed
Grievance Complaint, Response, Exhibits, and Related RICO Filings
Note the Committee of
Frauds/Liars (sic-lawyers). Included are DOJ Rep., State Court Rep., State
Atty. General Office Rep., and even a Vegetable Garden yale law prof who
probably never practiced law in his life. How Pathetic!
On
NBC, the missing story about GE (Washington Post) [
Ya think! … Seriously though, this is as important a story as can be since
these scenarios have been a significant problem for the pervasively corrupt,
defacto bankrupt u.s. for quite some time. After all, there are no Washington
Posts in the Northeast to cover their denizens quite like the Washington Post
fearlessly covers theirs (ie., that not too long ago story of the ubiquity of
top level clearances, 'cia ops / covers' (real estate / businesses), in the
Washington metropolitan area, literally putting their lives on the line so to
speak. In the northeast, sinkholes new york (they even did a book 'The Wall
Street Gang' and movies, ie., 'Gangs of New York', fact-based 'Goodfellas',
etc.) / mob infested jersey (I've not been to chicago, but count them in here)
particularly, it's what is not said that invariably stands out to the
substantial detriment of the rest of the nation. The day in, day out continued
churn and earn wall street fraud at a total cost yet to be fully realized by
the rest of the nation to support those lavish / overly high-cost lifestyles
will not make for front-page reading in the wall street journal, new york
times, etc., nor the lead story if at all on the 6 / 11 o'clock news. Therein
lies the rub, and the need for alternate media sources so castigated and
belittled by the main-stream news media, particularly in those regions which
have a lot to hide (and not talk about). Sadly, the internet is increasingly
targeted toward the end of silencing those who brave to tell the truth. One
might hope that The Washington Post might enter the televised news sphere with
waivers based on national need.] “NBC Nightly News” didn’t report on the fact
that its parent company paid no federal taxes last year.
Documents
shed light on Fed lending (Washington Post) [ Au contraire … far from shedding light, the
fed remains a significant part of pervasively corrupt, defacto bankrupt
america's problems and should be abolished, including their ability to print
fiat currency facilitating their fraudulent, destructive machinations in favor
of the frauds on wall street and to the detriment of the nation. Light
Volume Rally Continues: Dave's Daily ' ...The Fed has injected $500 billion (another $7B in POMO Wednesday) to
the financial system since January 2011 and that wave of liquidity is
overwhelming most thoughtful analysis... Sure it's the end of the quarter
and a jam-job to close things out puts a smile on investors' faces and bonuses
in portfolio managers' pockets. Painting the tape and window dressing is
against the law … ADP data has misled before but Wall Street is awash with cash
from on high and finds little other place to invest beyond
stocks...' M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep
interest rates this low this long, its inevitable cheap financing can allow
companies to start cobbling each other up. Further Ben's policies allow
companies like IBM to sell bonds at 1% and buy back shares with the proceeds
(total paper bubble-scam). POMO is
occurring almost daily and Primary Dealers can buy back their shares and pay
dividends with what essentially is taxpayer money--nifty trick eh? With all the
geopolitical and nuclear events going on little noticed was Fed "stress
tests" of financial institutions to see if they were healthy enough to buy
back shares and pay dividends. Making the matter sinister and less transparent
is their gag order on the entire process. The Fed also has some toxic waste
they'd like to sell you’ … 19
Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems Most Americans don't understand what the Fed Reserve is or why it
is at the heart of our economic problems. When Americans get into discussions
about the economy, most of them still blame either the Democrats or Republicans
for inflation, for the housing crash, for our rampant unemployment and for the
national debt. The
Economic Collapse ] The Fed lent vast
sums of money to banks during the financial crisis, documents show.
Harry
Dent Warns Major Crash Is Coming!
We
Are Looking at Trillion-Dollar Plus Annual Interest Payments on U.S. Debt Owens Krugman:
We’re Going To Have To Default On Our Debt One Way Or Another Some dour
commentary from Paul Krugman this morning on the implications of our monster
debt. Economists
Herald New Great Depression The
world is currently experiencing the modern day equivalent of the Great
Depression, according to a prominent economist who has added his voice to
scores of others now forecasting ongoing economic doom on a scale not seen since
the 1930s.) , and my position and that of demographer Dent ( Prechter and many
others are also in this camp although I believe he does not factor in
sufficiently the debasement of the u.s. currency / dollar in arriving at his
numbers which do however, at 1,000 on the DOW reflect real, as opposed to
inflated values of 3-4,000 owing to the ever more worthless Weimar dollars
which provides ‘spin material’ for the wall street frauds but is really quite
ominous going forward, and very detrimental in real economic terms.) [This is a global depression. This is a
secular bear market in a global depression. The past up move was a manipulated
bull (s***) cycle in a secular bear market. This has been a typically
manipulated bubble as has preceded the prior crashes with great regularity that
the wall street frauds and insiders commission and sell into. This is a typical
wall street churn and earn pass the hot potato scam / fraud as in prior
crashes’. This national decline, economic and otherwise, will not end until justice
is served and the wall street frauds et als are criminally prosecuted, jailed,
fined, and disgorgement imposed.] [ The reason for the necessity of prosecution is founded in the
circumstances surrounding and the mindset of what one would deem ‘antisocial
personalities’ (disorders) ( I prefer the prior descriptor of such as
psychopathic; the euphemistic ‘sociopathic’ was ‘far too understanding’ in my
view of the social / environmental factors allegedly giving rise to such
negative / destructive behaviors. I don’t buy it.) Specifically, accepted
studies / findings have concluded that the essential defect in those with
antisocial (psychopathic) personality disorders is an inability to respond
normally to fear-inducing stimuli, leading in turn to an inability to inhibit
responses that should, but, as with wall street, have not resulted in
punishment. Thus, while I think most on wall street have proven themselves
criminally insane (for the money, ie., Stewart, ‘Den of Thieves’ / ‘Liar’s
Poker’, the most recent financial debacle / crisis, which continues to this
day); at the least, owing to a lack of fear of prosecution / punishment, they
have become defacto sociopathic / psychopathic. ] Krugman:
It's All Downhill From Here Cullen Roche Love
him or hate him Paul Krugman has been awfully right with regards to the macro
picture in the last few years. He’s one of the rare economists who had the
foresight to see the housing bubble and the likelihood of economic downturn
that would result from it. Krugman recently caused a stir when he said the US
economy was headed for the third depression. Here
Are 13 Signs That We’re Actually In A Depression Right Now Gregory White | David
Rosenberg has outlined, in his latest letter, the 13 reasons with this so-called
recovery is actually a depression… David Rosenberg has outlined, in his latest
letter, the 13 reasons with this so-called recovery is actually a
depression.Rosenberg sums it up like this:
This is what a depression is all about — an economy that 33 months after
a recession begins, with zero policy rates, a stuffed central bank sheet, and a
10% deficit-to-GDP ratio, is still in need of government help for its
sustenance.
Harry Dent, Jr. Economy will be in a
Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and
mid-2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009 instead of
2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010
and 2012). ]
Are
US Soldiers Using Rape, Murder, And Bombing Of Children As War Strategy? Mary
Lynn Cramer | She was also seen pulling a battered and empty incubator
behind her, yelling that Gaddafi forces had broken into the hospital maternity
ward. Mary Lynn Cramer Countercurrents.org March 30, 2011 Amy Goodman’s Take on One Reported Rape Case in Tripoli, Libya:
“Pro-Gaddafi Forces Accused of Using Rape as War Strategy”
“Some doctors in Libya have accused pro-Gaddafi fighters of using rape
as a weapon of war. On Sunday, five men were arrested for raping and torturing
a Libyan woman. The international press learned of the incident when the woman,
Eman al-Obeidi, burst into a hotel full of foreign journalists in Tripoli. She
was quickly detained by Libyan security officers. (http://www.democracynow.org/2011/3/28/headlines
)
She was also seen pulling a battered and empty incubator behind her,
yelling that Gaddafi forces had broken into the hospital maternity ward, pulled
babies out of the incubators and thrown them on the ground, and stamped them to
death…oh, sorry, that was another dramatized lie told to the US Congress to
justify another grossly destructive invasion and slaughter of thousands by US
air power in the Middle East.*
The doctors commenting on this single incident in Tripoli were no doubt
the same romantic, pure and idealistic, pro-democracy “rebels” adored by
DemocracyNow in their overtly sympathetic interviews with these courageous, US
armed, financed, and supported fighters with radical Islamist, Al Qaeda, and
CIA operative backgrounds….but why should we care who they are or where they
come from or how they are armed? And Democracy Now will the the very last to do
any serious questioning of this issue.)
With the reports of rape of women by US troops in Iraq (not to mention
the alarmingly high rate of rape of women soldiers within the US military); the
bombing of civilian wedding parties, children at play, and innocent villagers
in their homes in Pakistan and Afghanistan, why is it that Amy has not
headlined that “Murder And Rape Are Being Used By Obama And US Soldiers As
Weapons of War”? (And who arrested those accused Libyan soldiers in Tripoli so
quickly? It takes forever to get charges brought against American troops and
contractors accused of rape, torture and murder in US occupied countries; and
even then they most often go free.)
If you find my commentary more offensive than Democracy Now’s lack of
responsible, investigative journalism and Amy’s blatantly biased propaganda
regarding Libya, that may be indicative of just of how little integrity is left
in the so-called American Left.
This is a video of several testimonies repeating the same lie about
Iraqi soldiers killing babies in incubators as they fled Kuwait in 1990.
” A key event in generating momentum for the first U.S. War on Iraq,
“Operation Desert Storm” was a fraudulent report of the murder of Kuwaiti
babies by Iraqi soldiers. On October 10, 1990, the U.S. Congressional Human
Rights Caucus held a hearing on the subject of Iraqi human rights violations.
The centerpiece of the event was the emotional testimony of a 15-year-old
Kuwaiti girl, known only by her first name, Nayirah. Her full name was
supposedly being kept secret to protect her from Iraqi reprisals. The girl
relayed a shocking story while sobbing:
I volunteered at the al-Addan hospital. While I was there, I saw the
Iraqi soldiers come into the hospital with guns, and go into the room where . .
. babies were in incubators. They took the babies out of the incubators, took
the incubators, and left the babies on the cold floor to die.
The massacre never occurred. The girl was actually the daughter of a
Kuwaiti emir, and had been coached by the public relations firm Hill and
Knowlton to give persuasive false testimony.” ( How PR Sold the War in the
Persian Gulf , by John Stauber and Sheldon Rampton) http://911review.com/precedent/decade/incubators.html
...'
In
Washington, what’s not said can be a powerful (Washington Post) [ One
can only hope that what's not said is not what's not smart ...
AT&T’s
lobbyists well positioned (Washington
Post) [ The ultimate regression. You'd
think that with all the negative fallout / consequences from unbridled k street
lobbying, that such a scenario as this could not be … yet in pervasively
corrupt, defacto bankrupt america, 'it is!'
… AT&T,
T-Mobile USA merger deal questioned (Washington Post) [ Questioned? Is that all?
att / sbc is a horribly managed company that can't even do the simplest things
well; ie., land lines and dsl thereby, my direct experience. We've seen this
all before. When they can't do, they go monopoly bigger with disasterous
results. This is an old story with a familiar ending.] A day after AT&T
announced it would buy T-Mobile USA to create the biggest wireless carrier in
the country, consumer advocates and some members of Congress blast the deal.
Merger
a disconnect for consumers (Washington Post) [ Yeah! True enough! I had to drop my land line (att/sbc –
jersey/bushland) which I kept for the public listing and which became
disfunctional / unusable to the point where it was impacting my DSL line; both
of which I dropped in favor of MagicJack (I recommend it) and Time Warner Cable
/ Internet (also better). Deal
to combine AT&T, T-Mobile raises questions (AP) [Questions? Is that all? att / sbc is a horribly managed
company that can't even do the simplest things well; ie., land lines and dsl
thereby, my direct experience. We've seen this all before. When they can't do,
they go monopoly bigger with disasterous results. This is an old story with a
familiar ending. AP - AT&T's
surprise announcement that it plans to acquire T-Mobile USA will force federal
regulators to confront a difficult antitrust question: Can American consumers
get good wireless service at a ... ] OPINION | Your
choice for wireless service would get smaller should AT&T carry out its
plan to buy T-Mobile USA. ] Firm confident it will win over
regulators to its bid to buy T-Mobile USA, even as critics continue to bash the
deal. Here's
that other story of what's 'unsaid' being very costly to the nation : On
NBC, the missing story about GE (Washington Post) [ Ya think! … Seriously
though, this is as important a story as can be since these scenarios have been
a significant problem for the pervasively corrupt, defacto bankrupt u.s. for
quite some time... (0 taxes paid)'
] A call by lawmakers for a careful review
of AT&T’s proposed acquisition of T-Mobile is really more code language for
something else, analysts say.
CIA
operatives in Libya to gather intel on rebels (Washington Post) [ Well,
that's a plan … albeit after the fact … but, as that old saying goes … 'better
late than never' … but it's still the 'what' that obscurely remains somewhat of
a mystery ... Al-Qaeda 100%
Pentagon Run Infowars.com | There is plenty of evidence al-Qaeda works for the
Pentagon and the CIA. Former
Libyan Al Qaeda Leader Says There Are 1000 jihadists Amongst Rebels Steve Watson | US, UK still want to supply them
with weapons. Constitutional
Problems with the Libyan War Ron Paul | The costs of this terrible
mistake cannot be ignored. Obama
Raises American Hypocrisy To A Higher Level Paul Craig
Roberts |
Gadhafi is being demonized while Bush/Cheney/Obama are sitting on their high
horse draped in cloaks of morality. Reuters:
Obama Signs Secret Order Authorizing Covert CIA Support For Libyan Rebels Obama has signed secret order
authorizing covert US govt support for rebel forces in Libya, officials tell
Reuters. Poll:
Obama’s approval hits new low President Barack Obama’s approval rating and prospects for
reelection have plunged to all-time lows in a Quinnipiac University poll
released Wednesday. Americans
worried about Libya conflict: poll A new poll published on Wednesday found nearly half of
Americans were opposed to US military involvement in Libya, reflecting tricky
political ground being navigated by President Barack Obama. ] The Obama administration has
sent teams to gather intelligence on the identity, goals and progress of rebel
forces, according to U.S. officials.
Twice
a victim of retail violence
(Washington Post) [ True americana … highest crime rates in the world by
far, even not counting major crimes as on wall street with impunity sounding in
corrupt immunity. Though having but 5% of the world’s population, america
can boast 76% of the world’s serial killers, http://www.albertpeia.com/realifeamericaserialkillers.mpg . Defacto
bankrupt, fraudulent america also spends more on military spending than all the
nations of the world combined... federal employees / contractors, cia, all 3
branches of the u.s. government, etc., are included in this evolved american
trait of inherent criminality ( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY (america’s No. 1).
|
Rank |
|
||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
Financialization
and Our Increasingly Unstable Economy Roche ‘.. I highly recommend it to
anyone... It will certainly infuriate you...excellent job of showing how Wall
Street and government have become overrun by deregulation and sheer greed. A
combination of flawed economic theory and greed have combined to create the
beast that we now call a “functioning” economy. The worst part of it all is
that President Obama, who vowed change, has done almost nothing to fix any of
it and in fact continues most of the policies that helped get us here in the
first place’ ‘INSIDE JOB’ Ferguson
wins Oscar for Documentary on the unprosecuted massive extant fraud in the
(many) TRILLIONS by the frauds on wall street ( and declares with oscar in hand
that not one high level wall street exec has been prosecuted … despite
‘earning’ billiions from the fraud ), the commentator / experts recommend
getting rid of the corrupt eric holder ( what do holder and wobama have in
common … wall street money? … a proclivity
for jive-talking / b*** s*** ?...all/some of the above … or is it something
else ... a hint - UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights division
to ignore cases that involve black defendants and white victims ' Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown.
’Inside Job’ New Documentary
Exposes Wall Street Fraud And How Banksters Continue To Steal Our Money
http://www.albertpeia.com/insidejob.flv
China’s
criticism of Fed may get little traction at G-20 meeting (Washington Post) [ Yeah … China's a bit too rational to be given much of an ear by the corrupt,
warring, defacto bankrupt euro-american luNATOns who are also too busy
manufacturing 'paper' (fiat currency / 'securities') … Yet, others have taken
notice … This
Fed Governor ADMITS the Federal Reserve is Anti-Capitalistic [ No surprise here … the fed has literally
destroyed the american free enterpise, capitalist system in favor of the frauds
on wall street to the detriment of this and many other nations. ] WSCS
3-30-11
'There is only one difference between a bad economist and a good one:
the bad economist confines himself to the visible effect; the good
economist takes into account both the effect that can be seen and those effects
that must be foreseen… the bad economist pursues a small present good that
will be followed by a great evil to come, while the good economist pursues a
great good to come, at the risk of a small present evil.
–Frederic
Bastiat Light
Volume Rally Continues: Dave's Daily ' ...The Fed has injected $500 billion
(another $7B in POMO Wednesday) to the financial system since January
2011 and that wave of liquidity is overwhelming most thoughtful analysis... Sure it's the end of the quarter and a jam-job to
close things out puts a smile on investors' faces and bonuses in portfolio
managers' pockets. Painting the tape and window dressing is against the law …
ADP data has misled before but Wall Street is awash with cash from on high and
finds little other place to invest beyond stocks...' M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep interest rates this
low this long, its inevitable cheap financing can allow companies to start
cobbling each other up. Further Ben's policies allow companies like IBM to sell
bonds at 1% and buy back shares with the proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary
Dealers can buy back their shares and pay dividends with what essentially is
taxpayer money--nifty trick eh? With all the geopolitical and nuclear events going
on little noticed was Fed "stress tests" of financial institutions to
see if they were healthy enough to buy back shares and pay dividends. Making
the matter sinister and less transparent is their gag order on the entire
process. The Fed also has some toxic waste they'd like to sell you’ … 19
Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems Most Americans don't understand what the Fed
Reserve is or why it is at the heart of our economic problems. When Americans
get into discussions about the economy, most of them still blame either the Democrats
or Republicans for inflation, for the housing crash, for our rampant
unemployment and for the national debt. The
Economic Collapse]
Light
Volume Rally Continues: Dave's Daily ' It may be it's the stupid person that fights this trend
reversal. The Fed has injected $500 billion (another $7B in POMO
Wednesday) to the financial system since January 2011 and that wave of
liquidity is overwhelming most thoughtful analysis. So, give it up to the
beard! Sure it's the end of the quarter and a jam-job to close things out
puts a smile on investors' faces and bonuses in portfolio managers' pockets.
Painting the tape and window dressing is against the law but show me someone
who's been caught. ADP data indicated job growth for Thursday's Jobless Claims
data and Friday's all important Unemployment report. ADP data has misled before
but Wall Street is awash with cash from on high and finds little other place to
invest
beyond stocks. Bull's are betting on a good report to close out the week, and
if not, they're just April Fools. Only a hardy few are pumping this market
higher as volume remains ultra-light. Of course, volume data isn't on your
monthly brokerage
statement since that would only confuse you, right? No, TPTB just wants you to
see higher prices to boost your confidence...' Chemist
charged with insider trading (Washington Post) [ This remains incredulous
to me. Everyone but the big boys / frauds! Not just corruption, but bad time
/resource management. The frauds on wall
street et als should be criminally prosecuted, jailed, fined, and disgorgement
imposed (this would also help significantly the hapless, hopeless budget
scenario). Drop
in home prices raises fear of double dip (Washington Post) [ Fear of double dip?
We're in a continuing dip that never
really ended with obfuscations of
reality including more insurmountable debt and fed-based manipulations (Dave
explains infra) Case-Shiller
Chairman: Here’s Why the Housing Market Recession is Not Over Wall St Cheat Sheet 'Welcome to 2003! The
S&P Case-Shiller Home Price Index 10-City
Composite was down 2% and the 20-City Composite fell 3.1% in January on a
year-over-year basis. On a monthly basis, the 10-City Composite was down 0.9%
and the 20-City Composite fell 1.0% in January versus December 2010.San
Diego and Washington D.C. were the only two markets to record
positive year-over-year changes. However, San Diego was up a scant 0.1%,
while Washington DC posted a healthier +3.6% annual growth rate. The same
11 cities that had posted recent index level lows in December 2010, posted
new lows in January.
David M. Blitzer, Chairman of the Index Committee at Standard &
Poor’s commented:
“Keeping with the
trends set in late 2010, January brings us weakening home prices with no real
hope in sight for the near future. With this month’s data, we find
the same 11 MSAs posting new recent index lows. The 10-City and 20-City
Composites continue to decline month-over-month and have posted monthly
declines for six consecutive months now.These data confirm what we have
seen with recent housing starts and sales reports. The housing
market recession is not yet over, and none of the statistics are
indicating any form of sustained recovery . At most, we have seen all
statistics bounce along their troughs; at worst, the feared double-dip
recession may be materializing. ..., but both series have moved closer to
a confirmed double-dip for six consecutive months. At this point we are
not too far off, and that is what many analysts are seeing with sales,
starts and inventory data too...' M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep interest rates this
low this long, its inevitable cheap financing can allow companies to start
cobbling each other up. Further Ben's policies allow companies like IBM to sell
bonds at 1% and buy back shares with the proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary
Dealers can buy back their shares and pay dividends with what essentially is
taxpayer money--nifty trick eh? With all the geopolitical and nuclear events
going on little noticed was Fed "stress tests" of financial
institutions to see if they were healthy enough to buy back shares and pay
dividends. Making the matter sinister and less transparent is their gag order
on the entire process. The Fed also has some toxic waste they'd like to sell you… (see infra)’
] False / fake data /
reports galore … High oil price rally! Come on!
What total b*** s***! Previous rally sparked by upward revision of GDP by the
scandal-scarred commerce department? You can’t believe anything these desperate
self-servers say! This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s suckers’ rally on more bad/worse than expected news
(consumer confidence down) provides an especially great opportunity to sell /
take profits while you still can since there's much worse to come! Fed
to hold regular news conferences (Washington
Post) [ Wow! Just what everyone needed … more spoon-fed b*** s*** / jawboning
by the flawed, flatulent, faultful fed … for the sake of fraudulent wall street
… you do remember those 'no-recession' jawbone sessions that sent the prior
bubble expanding faster than 'the big bang' itself … until every got and
continues to get banged from the last bubble-fraud crash. Chairman Bernanke’s move is part of
efforts by the central bank to make the institution appear less secretive. States
target jobless benefits (Washington
Post) Durable goods (leading indicator)
200% worse than expected, stocks rally. ‘ February
Durable Goods Orders Disappoint
NEW YORK (TheStreet)
Bharatwaj …’ This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Looking
Like A Good Time To Sell Into Strength - Harding BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows
] The government charged a
chemist at the Food and Drug Administration Tuesday with insider trading.
This
Fed Governor ADMITS the Federal Reserve is Anti-Capitalistic [ No surprise here … the fed has literally
destroyed the american free enterpise, capitalist system in favor of the frauds
on wall street to the detriment of this and many other nations. ] Wall St Cheat Sheet On Wednesday March 30, 2011, 12:23 pm EDT
'There is only one difference between a bad economist and a good one:
the bad economist confines himself to the visible effect; the good
economist takes into account both the effect that can be seen and those effects
that must be foreseen… the bad economist pursues a small present good that
will be followed by a great evil to come, while the good economist pursues a
great good to come, at the risk of a small present evil.
–Frederic
Bastiat (1801-1850)
Nothing defined Alan
Greenspan’s tenure as chairman of the Federal Reserve Bank more than his
wholehearted embrace of capitalism . With early roots in his 30-year
association with the novelist and philosopher Ayn Rand , that faith grew into
an unconstrained confidence in the free market and deregulation to steer the
economy and ward off crises.
According to a current Fed governor, however, both Greenspan’s Fed and
the Fed today have not been the stalwarts of capitalism that the Maestro
believed them to be.
On March 7th, I had the great pleasure of listening to Thomas Hoenig
speak at the Colorado CFA Society forecast dinner. Hoenig, the only
member of the Federal Reserve Board of Governors who I respect, is the board’s
lone rational dissenting voice.
After his speech, a lengthy Q&A, and a short conversation with him,
I left the event even more impressed with him.
Hoeing was equally critical of both the Fed’s zero-interest rate policy
and of QE2 . He said these policies encourage speculation and don’t allow
for price discovery, and consequently they lead to imbalances, unintended
consequences, and misallocation of resources.
He said it is important to judge QE2’s success over the right time
frame, one long enough to encompass not just its stimulative benefits but also
its consequences. (In other words, there is a good reason why we don’t
judge steroids solely based on what they do for an athlete’s
performance during the race, ignoring the strokes and other health
problems they often cause after the race).
Throughout his speech, Hoenig warned that there are no shortcuts to
greatness in monetary policy. The Fed’s intervention in the economy will have
unintended consequences, and it is impossible to know where they’ll show
up. For example, Hoenig recalled that the Fed lowered the interest rate
to 1% in 2003 and, though the economy was improving, kept rates low levels for
over a year in order to bring unemployment below 6.5%. The asset bubble
that deflated in the financial crisis (NYSE:XLF)
resulted, and today
unemployment is 10%.
Hoenig’s comments are extremely important. I too believe that the Fed’s
actions in 2003 played a very large role in the subsequent real estate bubble (NYSE:IYR),
financial crisis, and today’s high unemployment, but this was the first time
I’ve heard such an admission come directly from a Fed governor. To the
contrary, Greenspan has been outspoken in denying the role he and the Fed
played in the crisis.
Hoeing said he questions whether quantitative easing , which failed in
Japan (NYSE:EWJ),
will work in the US (NYSE:SPY).
He bluntly stated that too-big-to-fail financial institutions like Citigroup (NYSE:C),
Wells Fargo (NYSE:WFC),
JPMorgan Chase (NYSE:JPM),
and others should be broken up. (I argued that point in this article.)
Commercial banks are in charge of our domestic and international payments
system, but their access to FDIC insurance and the Fed’s discount window (use
of which swelled from $900 million to $3 trillion over the last two years),
constitutes “an enormous protection” to the financial sector, encouraging
risk-taking through an implicit guarantee in the event of a crisis or failure.
Smaller institutions that don’t have access to the Fed’s fund window
have to compete in that space, and they start behaving and taking risks as if
they have access to the window. The walls between commercial and
investment banks have been demolished, Hoenig argued, and the two functions
within banks (NYSE:XLF)
are now joined at the hip. In the wake of this crisis, Hoeing said we did
the same things we did after previous crises: added supervision and regulation
and raised capital requirements. But history suggests that as time goes by
we’ll forget about the crisis and history will repeat itself, he said – unless
we break up too-big-to-fail institutions.
It is a fundamental tenant of American capitalism that central planning
of economies doesn’t work in the long term, whether in Soviet Union
historically or in China (NYSE:FXI)
today. But I often wonder: How is the Fed’s Board of Governors – the proverbial
12 guys in a room – any different than the 24 guys in a room who make up the
Chinese politburo? The non-democratic Chinese may have a few more levers to
push – an ability to force banks to lend, for example – but short of that, how
is the Fed’s micromanagement of interest rates any different from China’s?
After Hoenig came off the stage, I posed the question to Hoenig, and I asked
him point-blank whether the Federal Reserve is an anti-capitalistic entity.
To my shock, Hoenig agreed with me: The Fed is
anti-capitalistic.
I went further. In the midst of the 2008 financial crisis, to prevent
the freezing up of the US financial system and possible bank runs, the Fed put
in place QE1 – it purchased over a trillion dollars of mortgage and agency
debt. Like J.P. Morgan (NYSE:JPM)
in the pre-Fed era, the Fed was the lender of last resort. But QE2 is
drastically different from QE1, because the banking system is far from choking,
and now the Fed’s goal is to lower unemployment and grow the economy at a
higher rate (here is my article
on QE2).
I asked Hoenig if he thinks the Fed should stick to its mission as
lender of last resort, as it was during QE1, letting the free market set
interest rates. He looked at me with an expression that implied he
couldn’t have said it better himself and agreed.
I am very familiar with confirmation bias, our desire to seek out people
with whom we agree. But Hoenig is not your usual person; he is member of
the Federal Reserve Board of Governors , and he disagrees with almost
everything that institution does.
Hoeing’s courage and principled vision elevate him to the status of a
“good economist,” as defined by Frederic Bastiat over 150 years ago.
Let’s hope that his voice, in a room full of bad economists, does not fall
entirely on deaf ears.
Vitaliy N. Katsenelson, CFA, is a portfolio manager/director of research
at Investment
Management Associates in Denver, Colo. He is the author of The
Little Book of Sideways Markets. You can read more at his blog Contrarian
Edge.
Don’t Miss: Exclusive
Interview: How to Succeed in Sideways Markets – with Vitaliy Katsenelson.'
Caught
On Tape: Fed Admits It is Private Knox Harrington
| The Federal Reserve banking cartel is in fact a PRIVATE entity, and NOT
Federal at all. 19
Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems Most Americans do not understand what the
Federal Reserve is or why it is at the heart of our economic problems. When
Americans get into discussions about the economy, most of them still blame
either the Democrats or the Republicans for inflation, for the housing crash,
for our rampant unemployment and for the national debt. The
Economic Collapse
March 30, 2011
Most Americans do not understand what the Federal Reserve is or why it
is at the heart of our economic problems. When Americans get into
discussions about the economy, most of them still blame either the Democrats or
the Republicans for inflation, for the housing crash, for our rampant
unemployment and for the national debt. But the truth is that the
institution with the most power over our economic system is the Federal
Reserve. So exactly what is the Federal Reserve? Most people would
say that it is an agency of the federal government. But that is
absolutely not true. In fact, the Federal Reserve itself has argued in
court that it is not an agency of the federal government. Rather, the
Federal Reserve is a privately-owned banking cartel that has been given a
perpetual monopoly over our monetary system by the U.S. Congress. This
privately-owned central bank has been destroying the value of the U.S. dollar
for decades, it has run our economy into the ground and it has driven the U.S.
government to the brink of bankruptcy. The Federal Reserve operates in
great secrecy, it has never been subjected to a comprehensive audit and it is
not accountable to the American people. Yet the decisions that the
Federal Reserve makes have a dramatic impact on the lives of every single
American citizen.
If you really want to understand what is causing our economic problems,
it is absolutely crucial that you understand exactly what the Federal Reserve
system is and how it is systematically destroying our economy. Once you
understand the truth about the Federal Reserve, you will view economic issues a
whole lot differently.
The following are 19 reasons why the Federal Reserve is at the very
heart of our economic problems….
#1 The Federal Reserve system is a debt-based financial system.
The way our system is designed, normally no money comes into existence
without more debt being created.
But this creates a huge problem, because when a new dollar is created,
the interest owed to the banking system on that dollar is not also created at
the same time.
Therefore, the amount money that is created is not equal to the larger
amount of debt that is also created.
This is a Ponzi scheme that is designed to drain wealth from the
American people and transfer it to the banking system.
Today, the amount of debt in our economic system is far, far, far
greater than the total amount of money.
The only way to keep the game going is to create even more money which
creates even more debt.
#2 The Federal Reserve and the bankers have a monopoly on the creation
of this debt-based money.
In the United States today, the only people that can create money are
the bankers.
You cannot create money.
You would go to jail if you tried.
Even the U.S. government cannot create money.
Although the U.S. Constitution specifically gives Congress the power to
create money, the U.S. Congress has given that power to the Federal Reserve and
to the banking system.
This gives them an enormous amount of power.
So how does money creation actually work?
Most Americans don’t understand this.
As I
have written about previously, the way our system is designed is that all
money is supposed to originally come into existence as government debt….
When the government wants more money, the U.S. government swaps U.S.
Treasury bonds for “Federal Reserve notes”, thus creating more government
debt. Usually the money isn’t even printed up – most of the time it is
just electronically credited to the government. The Federal Reserve
creates these “Federal Reserve notes” out of thin air. These Federal
Reserve notes are backed by nothing and have no intrinsic value of their own.
The Federal Reserve then sells these U.S. Treasury bonds to investors,
other nations (such as China) or sometimes they “sell” them back to themselves.
In fact, the Federal Reserve has been gobbling up a whole lot of U.S.
Treasuries lately. Some refer to this as “monetizing the debt”, but that
is not quite an accurate statement.
When the Federal Reserve creates money this way, it does not also create
the money to pay the interest on the debt that has been created.
Eventually this puts pressure on the U.S. government to borrow even more money
to keep the game going. So what this creates is a spiral where the U.S.
government must keep borrowing increasingly larger amounts of money, where the
money supply is endlessly expanding and where the value of the U.S. dollar is
destined to continue going down forever.
Once “Federal Reserve Notes” are in circulation, there is another way
that money is created.
It is called “fractional reserve lending”.
Once you or I deposit money into a bank, the bank is only required to
keep a very small amount of it actually in the bank. The rest of it the
bank can loan out to others (at interest of course). This process can be
repeated over and over and over, creating more money and an even larger amount
of debt.
But the important part to take away from all this is that normally money
is only created when debt is created, and the amount of debt to be paid back is
always larger than the amount of money created.
This entire system is designed to drain our wealth and to put it into
the hands of the bankers.
#3 The power of money creation and debt creation is in the hands of
private individuals – not the government.
The Federal Reserve claims that it is an “entity within
the government, having both public purposes and private aspects.”
That sounds so reasonable, but the truth is that the Federal Reserve is
a legalized banking cartel that is privately-owned.
In fact, the Federal Reserve is about as “federal” as Federal Express
is.
In defending itself against a Bloomberg request for information
under the Freedom of Information Act, the Federal Reserve objected by declaring
that it was “not
an agency” of the U.S. government and therefore it was not subject to the
Freedom of Information Act. It is kind of funny how Fed officials are
always talking about how important their “independence” is, but whenever anyone
starts criticizing them for being private they start stressing their ties with
the government.
So who owns the Federal Reserve?
As
the Federal Reserve’s own website describes, it is the member banks that
own it….
The twelve regional Federal Reserve Banks, which were established by
Congress as the operating arms of the nation’s central banking system, are
organized much like private corporations–possibly leading to some confusion
about “ownership.” For example, the Reserve Banks issue shares of stock to
member banks. However, owning Reserve Bank stock is quite different from owning
stock in a private company. The Reserve Banks are not operated for profit, and
ownership of a certain amount of stock is, by law, a condition of membership in
the System. The stock may not be sold, traded, or pledged as security for a
loan; dividends are, by law, 6 percent per year.
In particular, as we will see below, the banks of the New York Federal
Reserve have the most influence over the system.
So who owns the member banks?
Well, when you trace the ownership of the member banks to the very top
you find that the international banking elite are very strongly represented.
#4 The Federal Reserve itself is not much of a profit-making
institution. Rather, it is a tool that enables others to make obscene
amounts of money.
There are many that think of the Federal Reserve as an evil
profit-making machine. But the truth is that the Fed doesn’t make that
much money. Rather, the system was set up so that others could make an
obscene amount of money from U.S. government debt.
Many of those opposed to the Federal Reserve point to the record $80.9
billion in profits that the Federal Reserve made last year as evidence that
they are robbing the American people blind. But then those defending the
Federal Reserve will point out that the Fed returned $78.4 billion to the U.S. Treasury.
In the end, those numbers are not nearly as important as the hundreds of
billions of dollars in interest that are made off of U.S. government debt each
year.
If the U.S. government had been issuing debt-free money all this time,
the U.S. government would likely not be spending one penny on interest
payments. Instead, the U.S. government spent over 413
billion dollars on interest on the national debt during fiscal 2010. This
is money that belonged to U.S. taxpayers that was transferred to the U.S.
government which in turn was transferred to wealthy international bankers and
other foreign governments.
This is where the magic of the Federal Reserve system is. It is in
getting the U.S. government enslaved to debt and using that debt to transfer
hundreds of billions of dollars of our wealth into the hands of others.
As interest rates go up, this phenomenon is going to become even more
brutal. Right now it is being projected that the U.S. government will be
paying900
billion dollars just in interest on the national debt by the year 2019.
As you fill out your tax return this year, just keep in mind that vast
quantities of our money is going to pay interest on debt that the U.S.
government never needed to become enslaved to.
There are some very happy people out there that are becoming fabulously
wealthy at our expense.
What a system, eh?
#5 The Federal Reserve is a perpetual debt machine.
As mentioned above, the U.S. government is enslaved to debt.
So how did it get enslaved?
Well, instead of printing up and spending the money that it needs, the
U.S. government borrows it through the Federal Reserve system at interest.
In fact, as noted above, the U.S. government cannot create a single new
dollar without borrowing it.
But each new dollar that the U.S. government borrows creates more than a
dollar of new debt.
As a result, the government eventually has to collect more in taxes than
what it has borrowed.
This phenomenon creates an endless debt spiral.
And is that not what we have in the United States today? In fact,
you see this in almost every nation on earth where a similar central banking
system has been established.
Did you know that the U.S. national debt is more than 5,000 times larger
than it was 100 years ago?
That’s right – back in 1910, prior to the passage of the Federal Reserve
Act, the national debt was only about $2.6
billion.
The only way that the U.S. government can inject more money into the
economy is by going into more debt. But when new government debt is
created, the amount of money to pay the interest on that debt is not also
created. In this way, it was intended by the international bankers that
U.S. government debt would expand indefinitely and the U.S. money supply would
also expand indefinitely. In the process, the international bankers would
become insanely wealthy by lending money to the U.S. government.
However, things did not have to turn out this way.
If
the Federal Reserve had never been created, and the U.S. government had
been issuing debt-free currency all this time, it is entirely conceivable that
we would have absolutely no federal government debt at this point.
Unfortunately, we are now trapped in a debt-based system.
The U.S. national debt simply cannot ever be paid off. U.S.
government debt has been mathematically designed to expand forever. It is
a trap from which there is no escape.
Sadly, we have now gotten to a terminal phase of the debt spiral.
The Congressional Budget Office is projecting that U.S. government debt
held by the public will reach a staggering 716 percent of GDP
by the year 2080. Remember when I used the term “debt spiral”
earlier? This is what a debt spiral looks like….
[chart]
#6 The Federal Reserve system is designed to cause inflation.
As U.S. government debt expands at an exponential pace, it inevitably
causes inflation.
Most Americans believe that inflation is a fact of life, but the truth
is that the United States has only had a major, ongoing problem with
inflation since
the Federal Reserve was created back in 1913.
Sadly, the U.S. dollar has lost well over 95 percent of its value since
the Federal Reserve was created.
If the Federal Reserve did not exist, it is theoretically conceivable
that we could have an economy with little to no inflation. Of course that
would greatly depend on the discipline of our government officials (which is
not very great at this point), but the sad truth is that our current system is
always going to produce inflation. In fact, the Federal Reserve system
was originally designed to be inflationary. Just check out the inflation
chart posted below. The U.S. never had massive problems with inflation
before the Fed was created, but now it is just wildly out of control….
#7 The Federal Reserve has decided to play bizarre games with our money
supply.
In a desperate attempt to revive the dying U.S. economy, the Federal
Reserve has resorted to chucking gigantic quantities of cash into the financial
system.
[chart]
Remember how earlier I explained that normally whenever new money is
created that more debt is created?
Well, lately the Fed has been resorting to a trick called “quantitative
easing”. What “quantitative easing” means is that the Federal Reserve
zaps massive amounts of money into existence out of thin air and starts
spending it on anything that it wants to buy. Lately, this has primarily
been done to buy up U.S. government debt.
But isn’t that “monetizing the debt”?
Of course it is, and it is a blatant Ponzi scheme.
However, what is even more alarming is what this is doing to our money
supply.
Just look at what has happened to our monetary base since about
mid-2008….
[chart]
Does anyone in their right mind believe that this is not going to cause
horrible inflation?
Right now most of the new cash is tied up in the financial system, but
once it gets out into the regular economy watch out!
#8 The Federal Reserve is undemocratic.
In
a previous article, I asked the following question:
“So what makes the central economic planning that the Federal Reserve
does different from the central economic planning that communist China does?”
In both cases, a bunch of unelected elitists run the economy and make
important economic decisions for the rest of us.
So what really is the difference?
#9 The Federal Reserve runs the U.S. economy.
Most Americans want to blame Obama or Bush or the U.S. Congress for the
state of the economy.
But the truth is that it is the Federal Reserve that sets interest
rates, it is the Federal Reserve that determines the money supply, it is the
Federal Reserve that sets the “target rate” of inflation, it is the Federal
Reserve that determines if unemployment is too high or too low and it is the
Federal Reserve that watches over all of our banks.
Yes, Obama, Bush and the U.S. Congress all have things to answer for as
well.
But none of them have the direct power over the economy that the Federal
Reserve does.
#10 The Federal Reserve favors the big banks.
Not all financial institutions are treated equally by the Fed.
The truth is that the big banks (particularly those on Wall Street) are
treated with great favor by the Federal Reserve.
If the Federal Reserve did not exist, the big Wall Street banks would
not have such an overwhelming advantage. Most Americans simply have no
idea that over the last several years the Federal Reserve has been giving
gigantic piles of nearly interest-free money to the big Wall Street banks which
they turned right around and started lending to the federal government at
a much higher rate of return. I don’t know about you, but if I was
allowed to do that I could make a whole bunch of money very quickly. In
fact, it has come out that the Federal Reserve made over $9
trillion in overnight loans to major banks, large financial institutions
and other “friends” during the financial crisis of 2008 and 2009.
Wouldn’t you like to be able to zap trillions of dollars into existence
and loan it out to your friends at very favorable terms?
Sadly, most of the “help” from the Federal Reserve always seems to go to
the big boys.
When “small enough to fail” banks need assistance, they are usually told
to go sell themselves to one of the big banks.
#11 The worse the debt problems caused by the Federal Reserve become,
the more money the IRS needs to collect from the rest of us.
If the U.S. government could issue debt-free money, it is conceivable
that we would not even need the IRS. You doubt this? Well, the
truth is that the United States did just fine for well over a hundred years
without a national income tax. But about the same time the Federal
Reserve was created a national income tax was instituted as well. The
whole idea was that the wealth of the American people would be transferred to
the U.S. government by force and then transferred into the hands of the
ultra-wealthy in the form of interest payments.
If the Federal Reserve was shut down, it is entirely possible that we
would be able to shut down the IRS as well.
But the only way that the current system works is if massive amounts of
wealth continue to be drained from the American people.
#12 The Federal Reserve creates artificial financial bubbles.
When you look back over the last several decades, you will find
financial bubble after financial bubble.
So who created all of those bubbles?
It was the Federal Reserve.
The ridiculous policies of Greenspan and Bernanke have wrought disaster
after disaster and yet most of our politicians still will not even consider
major changes to the Federal Reserve.
#13 The Federal Reserve is anti-free market.
In a true free market system, the marketplace would determine what
interest rates are.
In a true free market system, the marketplace would determine which
financial institutions survive.
In a true free market system, artificial financial bubbles would be far
less likely.
But we don’t have a true free market system.
#14 The Federal Reserve tells the rest of the our banks what to do.
Most Americans don’t understand just how much power the Federal Reserve
actually has over our local banks.
For example, just last year Federal Reserve officials walked into one
bank in Oklahoma and demanded that they take down all
the Bible verses and all the Christmas buttons that the bank had been
displaying.
#15 The people currently running the Federal Reserve pretty much have no
idea what they are doing.
In case anyone has not noticed, Federal Reserve Chairman Ben Bernanke
hasa
very long track record of incompetence. Nearly every major judgment
that he has made since taking over that position has been dead wrong.
If one of us could go down the street and appoint the manager of the
local Dairy Queen as the Chairman of the Federal Reserve, it is very doubtful
that person would do a worse job than Bernanke has done.
#16 Even though the Federal Reserve has such extraordinary power over
the financial system, the American people are not permitted to examine their books.
The Federal Reserve claims that they are regularly audited, but when
some members of Congress attempted to push through a true comprehensive audit
of the Fed last year Federal Reserve officials threw a hissy fit.
The truth is that the Federal Reserve has never undergone a true
comprehensive audit since it was created back in 1913.
Whenever the subject of an audit comes up, Bernanke and others at the
Fed keep repeating the mantra of how important “the independence of the Federal
Reserve” is.
Sadly, Ron Paul’s proposal to audit the Federal Reserve last year,
which had previously been co-sponsored by 320 members of the U.S.
House of Representatives, ultimately
failed by a vote of 229-198.
Instead, a very, very limited examination of Fed transactions that
occurred during the recent financial crisis was approved.
So what did that limited examination reveal?
Well, the Federal Reserve was forced to reveal the details of 21,000
transactions stretching from December 2007 to July 2010 that combined were
worth trillions of dollars. It turns out that the Federal Reserve was just
handing out gigantic
piles of nearly interest-free cash to their friends at the largest banks,
financial institutions and corporations all over the globe.
Many members of Congress were absolutely stunned by these revelations.
So what would a more comprehensive audit reveal?
#17 The Federal Reserve has way too much power.
If the Federal Reserve did not exist, we would not have an unelected,
unaccountable “fourth branch of government” running around that has gotten
completely and totally out of control. Even some members of Congress are
now openly complaining about how much power the Fed has. For example, Ron
Paul told MSNBC last year that he believes that the Federal Reserve is
now more
powerful than Congress…..
“The regulations should be on the Federal Reserve. We should have
transparency of the Federal Reserve. They can create trillions of dollars to
bail out their friends, and we don’t even have any transparency of this.
They’re more powerful than the Congress.”
#18 The Federal Reserve is dominated by Wall Street and the New York
banks.
The New York representative is the only permanent member of the Federal
Open Market Committee, while other regional banks rotate in 2 and 3
year intervals. The former head of the New York Fed, Timothy
Geithner, is now U.S. Treasury Secretary. The truth is that the
Federal Reserve Bank of New York has always been the most important of the
regional Fed banks by far, and in turn the Federal Reserve Bank of New
York has always been dominated by Wall Street and the major New York banks.
The cold, hard reality of the matter is that the Federal Reserve is just
another one of the tools that the Wall Street banking elite use to dominate all
the rest of us.
#19 The Federal Reserve has brought us to the brink of economic
collapse.
If the Federal Reserve had never been created, the American people would
not be so enslaved to debt. At the very core of our economic problems is
debt. American consumers are swamped with debt, state and local governments
are facing horrific debt problems from coast to coast and the federal
government has piled up the biggest mountain of debt in the history of the
world.
We are living in an absolutely massive debt bubble, and when it bursts
the world is going to experience financial chaos like it has never seen before.
Things did not have to turn out this way. We did not have to adopt
a debt-based financial system. We did not have to allow the bankers to
enslave us with debt.
But that is what happened.
Sadly, most Americans and the vast majority of our politicians are still
clueless about these issues.
In 1922, Henry
Ford wrote the following….
“The people must be helped to think naturally about money. They must be
told what it is, and what makes it money, and what are the possible tricks of
the present system which put nations and peoples under control of the few.”
Hopefully this article will help people understand our debt-based
financial system a little bit better.
Until we fundamentally change our system, many of the economic and
financial problems we are currently experiencing will never go away.
Thankfully, it does appear that some Americans are waking up.
According to a
recent Bloomberg National Poll, the number of Americans that would like to
see the Federal Reserve held more accountable or even completely abolished is
increasing….
Asked if the central bank should be more accountable to Congress, left
independent or abolished entirely, 39 percent said it should be held more
accountable and 16 percent that it should be abolished. Only 37 percent favor
the status quo.
Those are very exciting numbers.
Hopefully we can awaken many more Americans to the dangers of a
debt-based economy.
In the book of Proverbs, it tells us the following….
The rich ruleth over the poor, and the borrower is servant to the
lender.
Well, by allowing ourselves to become enslaved to debt, we have become
the servants of the international banking system.
Not only that, we have also sold our children and our grandchildren into
perpetual debt
slavery.
Thomas Jefferson tried to warn us about this.
He believed that when the government borrows money in one generation
which must be paid back by future generations it is equivalent to
stealing….
And I sincerely believe, with you, that banking establishments are more
dangerous than standing armies; and that the principle of spending money to be
paid by posterity, under the name of funding, is but swindling futurity on a
large scale.
In fact, Thomas Jefferson said that if he could add one more amendment
to the U.S. Constitution it would be a ban on all
government borrowing….
I wish it were possible to obtain a single amendment to our
Constitution. I would be willing to depend on that alone for the reduction of
the administration of our government to the genuine principles of its
Constitution; I mean an additional article, taking from the federal government
the power of borrowing.
Where would we be today if we had listened to Thomas Jefferson?
The amount of government debt that we have racked up is a great
evil. We have stolen the future away from our children and our
grandchildren. We have put them in a position where they will spend the
rest of their lives paying off our debts to the bankers.
We owe it to future generations to fix the problems that we have
created.
That is why so many of us believe that it is time for the U.S. Congress
to shut down the Federal Reserve. Our current financial system is a
complete and utter failure and we need to start over.'
Broke
And Getting Broker: 22 Jaw Dropping Statistics About The Financial Condition Of
American Families Most
American families are really struggling in this economy and they see most of
the families around them really struggling, but they don’t have any hard
numbers to back up the feelings of economic despair that they are experiencing.
The
American Dream March 30, 2011 'Most American families are really struggling
in this economy and they see most of the families around them really
struggling, but they don’t have any hard numbers to back up the feelings of
economic despair that they are experiencing. Well, below you will find 22
statistics that prove that American families are broke and getting
broker. Today, the financial condition of most middle class families is
rapidly deteriorating. The number of good jobs is declining, incomes are
down, debt loads are up and bankruptcies and foreclosures just continue to
increase. If you step back and really examine the statistics, it becomes
really hard to deny that American families are getting poorer. Well, the
wealthiest 5 percent are still thriving, but everyone else is really having a
tough time. The truth is that a large percentage of the U.S. middle class
is slowly but surely going broke. Unfortunately, this is being caused by
long-term economic trends that simply are not going to be fixed overnight.
Most Americans had just assumed that the United States would always have
a dominant, prosperous economy. But in the world we live in today there
are no guarantees.
The era when almost anyone could find a good job is over. Millions
of good jobs have already left the United States, and vast numbers of legal and
illegal workers have been shipped in to the country to compete for the jobs
that are still here.
There are millions of Americans that would give just about anything for
a good job right about now. But the good jobs are very few and far
between at this point.
Every day there is more depressing news. For example, a recent job
fair in Massachusetts was shut down because
of a lack of jobs.
In fact, with jobs so scarce these days, more Americans than ever are
willing to work for free.
This is not just a “recession” or an “economic downturn”. The U.S.
economy is fundamentally changing for the worse. Millions of American
families are already experiencing economic despair and millions more will be
experiencing it very soon.
The following are 22 jaw dropping statistics about the financial
condition of American families….
#1 In 2010, one
out of every eight American families had at least one family member that
was unemployed. In fact, the figure for 2010 was the highest it has been
since the U.S. Labor Department began keeping track of this statistic back in
1994.
#2 According to the
Bureau of Labor Statistics, more
than 8 million Americansare working part-time jobs because they can’t get
full-time jobs.
#3 There are now more
than 6 million Americans that the government sayshave
given up looking for work completely.
#4 After accounting
for inflation, the average income for an American family has
fallen 5 percent since the year 2000.
#5 According to the
New York Times, as of 2009 the wealthiest 5 percent of all Americans had 63.5
percent of all the wealth in America. Meanwhile, the bottom 80
percent had just 12.8 percent of all the wealth.
#6 During this most
recent economic downturn, employee compensation in the United States has been
the lowest that it has been relative to gross domestic product in over
50 years.
#7 According to the
Federal Reserve, between 2007 and 2009 median household net worth in the United
States fell by
23 percent.
#8 The Federal
Reserve also says that median household debt in the United States has
risen to
$75,600.
#9 Total U.S. credit
card debt is more
than 8 times larger than it was just 30 years ago.
#10 Today, 46%
of all Americans carry a credit card balance from month to month.
#11 Of U.S.
households that have credit card debt, the average amount owed on credit
cards is
$15,788.
#12 Americans now
owe more
than $887 billion on student loans, which is even more than they owe on
credit cards.
#13 A
staggering 25 percent of all American adults now
have a credit score below 599.
#14 When you adjust
wages for inflation, middle class workers in the United States make less money
today than they did
back in 1971.
#15 American workers
that are unemployed are
nearly twice as likely to have been told by a doctor or a nurse that they
suffer from depression.
#16 In 2010, for the
first time ever more
than a million U.S. families lost their homes to foreclosure, and that
number is expected to go even higher in 2011.
#17 According to
RealtyTrac, one
out of every 45 U.S. households was hit with a foreclosure filing in 2010.
#18 U.S. home values
have fallen an
astounding 6.3 trillion dollars since the peak of the real estate
market. Most of that pain has been felt by ordinary American families.
#19 Approximately
half of all American workers make
$25,000 a year or less.
#20 According to a
survey released very close to the end of 2010, 55
percentof all Americans are now living paycheck to paycheck.
#21 1.5 million
Americans filed for bankruptcy in 2010. That represented the fourth
yearly increase in bankruptcy filings in a row.
#22 As 2007 began,
only about 26 million Americans were on food stamps, but today over 44 million Americans are
on food stamps which is an all-time record high.'
Drudgereport:
Obama
2002: Toppling a Brutal Dictator Is 'A Dumb War'...
OBAMA POLL HITS NEW
LOW...
EPA
Says Radiation Found in U.S. Milk...
Inflation
worries push consumer confidence lower...
Home
prices STILL falling in cities...
13%
of all U.S. homes are vacant...
REBELS ON THE RUN
OBAMA
DEFENDS...
'World
Conscience'...
New
Committee to Set Libya's 'Political Direction'...
U.S.
says rebels may sell oil?
Brits
fear becoming another Iraq...
Gadhafi
tells West to halt 'barbaric genocide'...
Camp
Lejeune Marines sent to Libya...
Clinton,
Hague meet senior 'rebel' figure...
Intelligence
shows 'flickers' of al Qaeda...
MAG:
NEW 'KILL TEAM' PHOTOS RELEASED...
REPORT:
U.S. soldiers hacked off part of dead man's skull?
HORROR: Cut off 15-year-old boy's finger and kept as trophy...[We all knew the
u.s. Military was recruiting / is now composed of felons, war criminals, etc.;
but clearly, these are the blatant signs of serial killers – then that 360 tons
of $100 bills still missing in Iraq, etc., serial thieves, particularly at the
top down.)...
VIDEO:
Two on motorcycle gunned down...***WARNING: GRAPHIC***
PHOTOS...
500,000
MARCH IN LONDON TO PROTEST BUDGET CUTS...
Turns
violent; Anarchists blitz the Ritz...
ANARCHY
IN THE UK
NOT
DAYS, NOT WEEKS -- LIBYA OP TO LAST MONTHS...
NATO
likely to expand mission...
Energized
Muslim Brotherhood eyes a prize...
Unrest in Syria, Jordan Poses New
Test...
Clinton:
U.S. won't intervene...
REPORTER CONFINED
IN CLOSET DURING BIDEN'S FLA FUNDRAISER...
'Extremely
inappropriate'...
OBAMA
DEFENDS...
'America
has played a unique role as an anchor of global security'...
NOT
IN OVAL OFFICE...
NETS
BALKED AT PRIMETIME ADDRESS...
HILLARY
OFF TO LONDON TOWN...
WAR
COST: $600 MILLION, IN 6 DAYS...
Radiation
levels at nuclear plant reach new highs...
100,000X
NORMAL...
Radioactive
Water Extends One Mile Into Ocean...
Trace
Amounts Found in Florida...
At
the gates of stricken Fukushima nuke plant...
Radiation
levels highest since crisis began...
'Bad Readings' Plague Effort...
Concern grows over
sea contamination...
Tokyo blackouts to
resume Monday...
Radioactivity
detected in China...
And
Nevada... And SC, Fla...
And
Mass...
Gaps
in US radiation monitoring system revealed...
Four of EPA's 11
Sensors in CA Were Down...
Obama
says he didn't know of fed op smuggling guns into Mexico...
SOROS
GROUP PLOTS 'GUERILLA WAR', 'SABOTAGE' ON FOXNEWS...
AL
QAEDA FIGHTERS JOIN LIBYAN REBELS...
'Al
Qaeda snatched missiles'...
Boehner:
Obama needs to 'provide clarity' on military objective...
U.S.
officials assisted visit by Gadhafi son just before uprising...
Despite
airstrikes, Tripoli residents live in terror...
British
Minister Warns of Another Lockerbie...
'Black
Swan' double claims Portman did only 5% of dance shots...'The ballerina who served as a dancing
double for Natalie Portman’s Oscar-winnning role in Black Swan tells EW she has been the victim of a “cover-up” to
mislead the public about how much dancing Portman actually did in the film. “Of
the full body shots, I would say 5 percent are Natalie,” says Sarah Lane, 27,
an American Ballet Theatre soloist who performed many of the film’s complicated
dance sequences, allowing Portman’s face to be digitally grafted onto her body.
“All the other shots are me.”
Lane’s claim follows a March 23 L.A.
Times article in which Portman’s fiancé and Black
Swan choreographer Benjamin Millepied said Lane’s work in the film was far
less significant. “There are articles now talking about her dance double
[American Ballet Theatre dancer Sarah Lane] that are making it sound like
[Lane] did a lot of the work, but really, she just did the footwork, and the
fouettés, and one diagonal [phrase] in the studio,” he said. “Honestly, 85
percent of that movie is Natalie.”
Lane disagrees. “The shots that are just her face with arms,
those shots are definitely Natalie,” she says. “But that doesn’t show the
actual dancing.” Lane admits that she was never promised a particular title for
her six weeks of work on the film, though she was disappointed to see that she
is credited only as as “Hand Model,” “Stunt Double,” and “Lady in the Lane” (a
brief walk-on role).
Lane also
says that Black Swan producer Ari Handel specifically told her not to
talk about her work to the press, even though she claims there was no such
stipulation in her contract. “They wanted to create this idea in people’s minds
that Natalie was some kind of prodigy or so gifted in dance and really worked
so hard to make herself a ballerina in a year and a half for the movie,
basically because of the Oscar,” says Lane. “It is demeaning to the profession
and not just to me. I’ve been doing this for 22 years…. Can you become a
concert pianist in a year and a half, even if you’re a movie star?”...'
House
GOP leaders turn to Dems for deal(Washington Post) [ Of Dees, Dems, Does, and Gops … Sounds
like a plan … Not! … The people are still hoping, praying … will their dream
come true? … Government
shutdown looms-Paul Kane (Washington Post) [ Shutdown? ... One can only
hope, and pray ... after all, they can't muck up what they're not in session to
f*** up ... Government
shutdown looms Paul Kane (Washington Post) ]Unable to find consensus within their own
ranks, House Republican leaders have begun courting moderate Democrats on a
budget deal to avoid a government shutdown next week.
On
NBC, the missing story about GE (Washington Post) [
Ya think! … Seriously though, this is as important a story as can be since
these scenarios have been a significant problem for the pervasively corrupt,
defacto bankrupt u.s. for quite some time. After all, there are no Washington
Posts in the Northeast to cover their denizens quite like the Washington Post
fearlessly covers theirs (ie., that not too long ago story of the ubiquity of
top level clearances, 'cia ops / covers' (real estate / businesses), in the
Washington metropolitan area, literally putting their lives on the line so to
speak. In the northeast, sinkholes new york (they even did a book 'The Wall
Street Gang' and movies, ie., 'Gangs of New York', fact-based 'Goodfellas',
etc.) / mob infested jersey (I've not been to chicago, but count them in here)
particularly, it's what is not said that invariably stands out to the
substantial detriment of the rest of the nation. The day in, day out continued
churn and earn wall street fraud at a total cost yet to be fully realized by
the rest of the nation to support those lavish / overly high-cost lifestyles
will not make for front-page reading in the wall street journal, new york
times, etc., nor the lead story if at all on the 6 / 11 o'clock news. Therein
lies the rub, and the need for alternate media sources so castigated and
belittled by the main-stream news media, particularly in those regions which
have a lot to hide (and not talk about). Sadly, the internet is increasingly
targeted toward the end of silencing those who brave to tell the truth. One
might hope that The Washington Post might enter the televised news sphere with
waivers based on national need.] “NBC Nightly News” didn’t report on the fact
that its parent company paid no federal taxes last year.
Drop
in home prices raises fear of double dip (Washington Post) [
Fear of double dip? We're in a
continuing dip that never really ended with obfuscations of reality including more insurmountable debt and
fed-based manipulations (Dave explains infra)
Case-Shiller
Chairman: Here’s Why the Housing Market Recession is Not Over Wall St Cheat Sheet 'Welcome to
2003! The
S&P Case-Shiller Home Price Index 10-City Composite was down 2% and the 20-City Composite fell
3.1% in January on a year-over-year basis. On a monthly basis, the 10-City
Composite was down 0.9% and the 20-City Composite fell 1.0% in January
versus December 2010.
San Diego and Washington D.C. were the only two markets to record
positive year-over-year changes. However, San Diego was up a scant 0.1%,
while Washington DC posted a healthier +3.6% annual growth rate. The same
11 cities that had posted recent index level lows in December 2010, posted
new lows in January.
David M. Blitzer, Chairman of the Index Committee at Standard &
Poor’s commented:
“Keeping with the trends set in late 2010, January brings us weakening
home prices with no real hope in sight for the near future. With this
month’s data, we find the same 11 MSAs posting new recent index lows. The
10-City and 20-City Composites continue to decline month-over-month and have
posted monthly declines for six consecutive months now.
These data confirm what we
have seen with recent housing starts and sales reports. The housing
market recession is not yet over, and none of the statistics are
indicating any form of sustained recovery . At most, we have seen all
statistics bounce along their troughs; at worst, the feared double-dip
recession may be materializing. ..., but both series have moved closer to
a confirmed double-dip for six consecutive months. At this point we are
not too far off, and that is what many analysts are seeing with sales,
starts and inventory data too...' M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep
interest rates this low this long, its inevitable cheap financing can allow
companies to start cobbling each other up. Further Ben's policies allow
companies like IBM to sell bonds at 1% and buy back shares with the proceeds
(total paper bubble-scam). POMO is
occurring almost daily and Primary Dealers can buy back their shares and pay
dividends with what essentially is taxpayer money--nifty trick eh? With all the
geopolitical and nuclear events going on little noticed was Fed "stress
tests" of financial institutions to see if they were healthy enough to buy
back shares and pay dividends. Making the matter sinister and less transparent
is their gag order on the entire process. The Fed also has some toxic waste
they'd like to sell you… (see infra)’ ]
Chemist
charged with insider trading
(Washington Post) [ This remains incredulous to me. Everyone but the big
boys / frauds!Not just corruption, but bad time /resource management.The frauds on wall
street et als should be criminally prosecuted, jailed, fined, and disgorgement
imposed (this would also help significantly the hapless, hopeless budget
scenario).
High oil price rally! Come on! What total b*** s***! Previous
rally sparked by upward revision of GDP by the scandal-scarred commerce
department? You can’t believe anything these desperate self-servers say! This
manipulated bubble in this secular bear market based on b*** s*** alone and
today’s suckers’ rally on more bad/worse than expected news (consumer
confidence down) provides an especially great opportunity to sell / take
profits while you still can since there's much worse to come! Fed
to hold regular news conferences (Washington
Post) [ Wow! Just what everyone needed … more spoon-fed b*** s*** / jawboning
by the flawed, flatulent, faultful fed … for the sake of fraudulent wall street
… you do remember those 'no-recession' jawbone sessions that sent the prior
bubble expanding faster than 'the big bang' itself … until every got and
continues to get banged from the last bubble-fraud crash. M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep
interest rates this low this long, its inevitable cheap financing can allow
companies to start cobbling each other up. Further Ben's policies allow
companies like IBM to sell bonds at 1% and buy back shares with the proceeds
(total paper bubble-scam). POMO is
occurring almost daily and Primary Dealers can buy back their shares and pay
dividends with what essentially is taxpayer money--nifty trick eh? With all the
geopolitical and nuclear events going on little noticed was Fed "stress
tests" of financial institutions to see if they were healthy enough to buy
back shares and pay dividends. Making the matter sinister and less transparent
is their gag order on the entire process. The Fed also has some toxic waste
they'd like to sell you… (see infra)’ ] Chairman Bernanke’s move is part of
efforts by the central bank to make the institution appear less secretive. States
target jobless benefits (Washington Post) Durable goods (leading indicator) 200% worse
than expected, stocks rally. ‘ February
Durable Goods Orders Disappoint NEW YORK (TheStreet) Bharatwaj …’ This is the grim economic reality
[ http://albertpeia.com/grimreality.htm
]. Looking
Like A Good Time To Sell Into Strength - Harding BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows ]
The government charged a chemist at the Food and Drug Administration
Tuesday with insider trading.
High oil price rally! Come on! What total b*** s***! Previous
rally sparked by upward revision of GDP by the scandal-scarred commerce
department? You can’t believe anything these desperate self-servers say! This
manipulated bubble in this secular bear market based on b*** s*** alone and
today’s suckers’ rally on more bad/worse than expected news (consumer
confidence down) provides an especially great opportunity to sell / take
profits while you still can since there's much worse to come! The frauds on wall street
et als should be criminally prosecuted, jailed, fined, and disgorgement imposed
(this would also help significantly the hapless, hopeless budget scenario). Fed
to hold regular news conferences (Washington
Post) [ Wow! Just what everyone needed … more spoon-fed b*** s*** / jawboning
by the flawed, flatulent, faultful fed … for the sake of fraudulent wall street
… you do remember those 'no-recession' jawbone sessions that sent the prior
bubble expanding faster than 'the big bang' itself … until every got and
continues to get banged from the last bubble-fraud crash. What do you expect
these incompetent, fraudulent criminals / accomplices to say? That they haven't
the slightest clue what they're doing and the damage they've already done? Come
on! The more they speak, the less you really know; and, to borrow from that old
saying / cliché … how do you know they're lying?... answer: 'their lips are
moving'... They lie all the time … sometimes even when they don't have to. M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep
interest rates this low this long, its inevitable cheap financing can allow
companies to start cobbling each other up. Further Ben's policies allow
companies like IBM to sell bonds at 1% and buy back shares with the proceeds
(total paper bubble-scam). POMO is
occurring almost daily and Primary Dealers can buy back their shares and pay
dividends with what essentially is taxpayer money--nifty trick eh? With all the
geopolitical and nuclear events going on little noticed was Fed "stress
tests" of financial institutions to see if they were healthy enough to buy
back shares and pay dividends. Making the matter sinister and less transparent
is their gag order on the entire process. The Fed also has some toxic waste
they'd like to sell you… (see infra)’ ] Chairman Bernanke’s move is part of
efforts by the central bank to make the institution appear less secretive. States
target jobless benefits (Washington Post) [ Sounds
like a plan … from h**l … after all, beyond the rhetoric, propaganda, fake data
/ reports, etc., the only real manufacturing going on in pervasively corrupt /
defacto bankrupt america is ever more worthless fiat paper currency, new
fangled wall street paper / securities / toxic asset bubble-frauds, etc.. Unemployment numbers from the labored labor
department? The ‘expiration / stopped looking, everyone’, at best. How can
anyone believe anything the pervasively corrupt, defacto bankrupt u.s.
government says. Durable goods (leading indicator) 200% worse than expected,
stocks rally. ‘ February
Durable Goods Orders Disappoint NEW YORK (TheStreet) Bharatwaj …’ This is the grim economic reality
[ http://albertpeia.com/grimreality.htm
]. Looking
Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
… wise to lighten up some into strength ...
BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows New
homes are bad deals in some areas (Washington Post)
[ If it only was just the new homes
being bad deals in some areas … and if it only was just real estate and not,
ie., grossly over-valued u.s. stocks, which rallied on the much worse than
expected news, etc.. Post 'The rise (in stocks) came in spite of record low
new-home sales data and continued worry about the European debt crisis.' Select
Stocks Boost Markets: Dave's Daily [ Dave: '...Economic data focused on New Home
Sales which were down nearly 17% causing the Homebuilder ETF (XHB) to
rally. I kid you not! ...' ] ] Michigan moves to cut its
unemployment program despite troubling jobless rates.
Eye
on entertainment
(Washington Post) [ I don't ordinarily 'do entertainment' but I'm compelled to
comment that I was taken in on the following (I was somewhat amazed by what I
falsely presumed to be Portman's 'quick study' ballet performance … not! … eh
... what can you expect from someone born in israel.), but not taken in as so
many in the latter concerning that highly publicized 'threat to society'; the
infamous Lindsey Lohan. 'Black
Swan' double claims Portman did only 5% of dance shots...'The ballerina who
served as a dancing double for Natalie Portman’s Oscar-winnning role in Black Swan tells EW she has been the victim of a
“cover-up” to mislead the public about how much dancing Portman actually did in
the film. “Of the full body shots, I would say 5 percent are Natalie,” says
Sarah Lane, 27, an American Ballet Theatre soloist who performed many of the
film’s complicated dance sequences, allowing Portman’s face to be digitally
grafted onto her body. “All the other shots are me.”
...
Lane disagrees. “The shots that are just her face with arms,
those shots are definitely Natalie,”..But that doesn’t show the actual
dancing.” ..
Lane also
says that Black Swan producer Ari Handel specifically told her not to
talk about her work to the press, even though she claims there was no such
stipulation in her contract. “They wanted to create this idea in people’s minds
that Natalie was some kind of prodigy or so gifted in dance and really worked
so hard to make herself a ballerina in a year and a half for the movie, basically
because of the Oscar,” says Lane. “It is demeaning to the profession and not
just to me. I’ve been doing this for 22 years…. Can you become a concert
pianist in a year and a half, even if you’re a movie star?”' ]
Lohan
rejects judge's plea offer in theft case (AP)
[ It is common practice in the entertainment industry for 'loaners' far
more expensive than the subject 'costume piece' here, to garner the benefit of
the 'show and tell', particularly for this little hole in the wall in Venice. I
mean, come on; this was hardly a surprise taking in a bustling store overrun by
customers. Then there are the 'evidentiary' problems attendant to the venal
motives of the store itself and monies received. In all, one must conclude that
these invariably corrupt judges / prosecutors as corrupt steve the cooley
(check out those land deals) like to bully the girls, ie., Lindsay Lohan,
Winona Ryder, etc.. I'm not going to mention the guys of late who got a pass.
Blatant misogyny? What else can you call it; particularly since they're letting
scores of far more serious criminals out of jail, and we all know the numbers
of serious violent criminals walkin' the streets with impunity in so-cal. Paris
Hilton prosecutor arrested for buying cocaine (Reuters)
]
The
Obama doctrine (Washington Post) [
The 'wobama doctrine'? Also known as
'b*** s***' or 'bush s***'. Distinctions without a significant
difference, one thing is certain. Mr. Milbank's article is nauseating.]Where Bush was all bright lines,
Obama is subtle and situational.
Obama
vigorously defends Libya intervention (Washington Post) [
I have nothing but disrespect for anyone who even listened to 'wobama the b'
for b*** s***. After all, his teleprompter (in whatever form) was working
overtime. Not that I'm enamored by that
mental case Gadaffy (who forgot to duck) who was taken into that war criminal
american fold (war criminal bush / now wobama) fairly recently as a 'partner in
the war on terror' … riiiiight! … There is nothing failed presidents like
wobama, bush, et als can say that's worth hearing. One word could have
explained all … 'oil'. Criminal american values … what, despotic saudi arabia,
war crimes nation israel, etc.? Apparently, unless their criminal, they're not
american values. Drudgereport: MAG:
NEW 'KILL TEAM' PHOTOS RELEASED...
REPORT:
U.S. soldiers hacked off part of dead man's skull?
HORROR: Cut off 15-year-old boy's finger and kept as trophy...[We all knew the
u.s. Military was recruiting / is now composed of felons, war criminals, etc.;
but clearly, these are the blatant signs of serial killers – then that 360 tons
of $100 bills still missing in Iraq, etc., serial thieves, particularly at the
top down.)...
VIDEO:
Two on motorcycle gunned down...***WARNING: GRAPHIC***
PHOTOS...
500,000
MARCH IN LONDON TO PROTEST BUDGET CUTS...
Turns
violent; Anarchists blitz the Ritz...
ANARCHY
IN THE UK
NOT DAYS, NOT
WEEKS -- LIBYA OP TO LAST MONTHS...
NATO
likely to expand mission... No
UN mandate to attack Gaddafi forces: Russia Russia said on Monday attacks on forces loyal to
Libyan leader Muammar Gaddafi amounted to intervention in a civil war and were
not backed by the U.N. resolution authorising no-fly zones.
‘Death
Squad’: Full horror emerges of how rogue U.S. brigade murdered and mutilated
innocent Afghan civilians – and kept their body parts as trophies Shocking
new details emerged today of how American troops formed a ‘death squad’ to
randomly murder Afghan civilians and mutilate their corpses.
Defense
Secretary: Libya Did Not Pose Threat to U.S., Was Not ‘Vital National Interest’
to Intervene Gates said that Libya did not pose a threat
to the United States before the U.S. began its military campaign.
Gingrich
admits to a double flip-flop on Libya intervention Newt Gingrich can’t make up his
mind.
] The president delivers an expansive rationale for intervention
in civil conflicts, arguing the mission was undertaken with the US’
closest allies.
Tech
firms hiring White House staffers
(Washington Post) [ Those who can, do. Those who can't, work for the
u.s. government, then u.s. companies for access to the government (contracts,
protection from prosecution (wall street / goldman, etc.), etc.). This
incestuous relationship has not been successful for the nation, but has been
lucrative for the criminal few involved. Indeed, I can personally attest with
enough knowledge and experience that american technology is horrendous and
typifies that old GM failed strategy of 'planned obsolescence'. Moreover, at
best, america merely assembles foreign made components for the moniker 'made in
the usa'; but, not because they want to, but because at best that's all they
can do, and not so good at that. What america is good at is pervasive
corruption in virtually anything you can think of. Criminal america's defacto
bankruptcy is testament to that. / Black
Swans Everywhere Nyaradi 'Black swans
seem everywhere as we have a nuclear accident in Japan, war and revolutions in
the Middle East, demonstrations in Britain, and a looming U.S. Government shut
down on April 8th. At Wall Street Sector Selector, we remain in the defensive
mode, as black swans fly across the globe...' / Weekly
Indicators: Accumulating Signs of a Slowdown Stewart 'In the rear-view mirror department,
4th quarter 2010 GDP was revised back up to 3.1%. Monthly data reported this
past week, however, was depressing. New home sales were recorded at an all-time
low, although balanced against December's big uptick, the last three months are
still better than the three months previous to them. More ominous, however, was
the big decline in consumer confidence, and in particular expectations about
the future. These are the worst in 2 years, and are a leading indicator.
Durable goods also came in very weak...' / Bank
Failure Friday Slows Despite Increased Problem Banks Suttmeier 'The FDIC List of Problem Banks
rose by 24 in the fourth quarter to 884 from 860, which is 11.5% of the 7,657
FDIC-insured financial
institutions, yet the FDIC has slowed the pace of closing problem banks on Bank
Failure Friday...' / The
Stock Market Is In A State Of Denial- infowars.com Those of you who watch financial TV or read the financial
media have probably heard the current market referred to as the “nothing
matters” market since it is supposedly ignoring a spate of negative news.
] The revolving door between the federal government and U.S.
tech companies isn’t new.
GOP
has plan for Fannie, Freddie (Washington Post) [ They have a
plan ... sounds like a plan ... By george, they think they have a plan ... Yes,
it is 'Alice in Wonderland' time in america ... they're late, they're late, for
a very important date ...] Government
shutdown looms-Paul Kane (Washington Post) [ Shutdown? ... One can only
hope, and pray ... after all, they can't muck up what they're not in session to
f*** up ... Government
shutdown looms Paul Kane (Washington Post) [
Europe
wrestles with debt crisis (Washington Post) [ Yet they're doing these wars like they have money to burn.
And, at the rate they're printing these fiat currencies, burning will be about
all the worthless paper will be good for.
350
British special forces already deep inside Libya… and more are ready to be
deployed Hundreds
of British troops have been deployed deep inside Libya targeting Colonel
Gaddafi’s forces – and more are on standby.
Drudgereport:
MOODY'S
THREATENS TO DOWNGRADE BRITAIN'S DEBT...
STUDY: US Finances Rank Near Worst in
World...
Libya
Mission 'clouded by confusion'...
White
House: Days, not weeks...
France:
Weeks, not days...
Dem
Rep: Obama told me US would be 'in and out'...
How
Can America Create Wealth If Our Industrial Base Is Destroyed? Any economy
that constantly consumes far more wealth than it produces is eventually going
to be in for a very hard fall. Many point to relatively stable GDP numbers as
evidence that the U.S. economy is doing okay, but the truth is that we have had
to borrow increasingly massive amounts of money to keep GDP numbers up at that
level.
Beware
the Fed Driven Market Parnell ' A review of the headlines heading into trading
on March 23, 2011 was notable:
* Portugal braces for government collapse over austerity vote
* Ireland’s 10-year bond yield hits record at over 10%
* Bombing in Israel bus station
* Yemen’s pro-U.S. leader in talks on exit
* U.S. new home sales lowest on record, prices fall to December 2003
levels
* Federal Reserve rejects Bank of America dividend raise
Investment markets do not like uncertainty. And on
any normal trading day, simply one of these headlines alone might provide
justification for stock investors to take pause and reevaluate risk
exposures...'
Censored TV
Ad Banned from Airwaves [ This presentation is really quite good;
indeed, so good, I archived it on my website out of fear of censorship /
blacklist / ban. Why your
local Hospital could soon shut down (Ad)
http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video on the economic / financial collapse from Stansberry and
Associates is so well researched and succinctly
presented that I’ve archived same on my
website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which I believe to be correct. This is a must-view,
must-see that I strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ( 146mb – approx. 1 hr. 17 min. ) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 (
374mb ) Written text of presentation (without
pictures / charts)
Fears
grow about reactor leak (Washington Post) [ Not to be alarmist for the sake of
fear-mongering; but clearly, as indeed they should. This is a very big
deal. Drudgereport: Fears
rise that Japan could sell off U.S. Debt ... [ Not only selling ... they won't
be buying! ]...
Dangerous breach
suspected at Japan nuke plant...
WATER
RADIATION 10,000X NORMAL...
Japan
Quietly Evacuates Wider Radius From Reactors...
Toll
rises to 27,000 dead, missing...
Japanese
Authorities Admit Deadly MOX Plutonium Reactor Is Leaking Paul Joseph Watson | Has cover-up of leakage been
ongoing since massive March 14 explosion?
Radiation:
Nothing to See Here? Administration
spokespeople continuously claim “no threat” from the radiation reaching the US
from Japan, just as they did with oil hemorrhaging into the Gulf. Perhaps we
should all whistle “Don’t worry, be happy” in unison. A thorough review of the
science, however, begs a second opinion.
As
TEPCO Reports Increased Possible Radiation Release, Japan Expands Voluntary
Evacuation Radius To 30 km The latest news from Fukushima continue progressing from bad to worse.
Which of course means that the (physical) silver lining around the mushroom
cloud will be that much more potent: after all, the greater the destruction,
the higher the Russell 2000. Just ask the Keynesians.
Japanese
Authorities Admit Deadly MOX Plutonium Reactor Is Leaking While the mass media has all but
dropped its interest in the Fukushima crisis to focus on Libya and meaningless
side-issues like the death of Elizabeth Taylor, the nuclear nightmare only
worsens, as Japanese authorities admit that reactor number 3, which is the only
reactor to contain MOX plutonium, is now leaking.
U.S.
Consumer Sentiment Fell More Than Forecast in March Bloomberg
Household
wealth down 23% in 2 years – Fed A rare survey of U.S. households, first performed in 2007
but repeated in 2009 in order to gauge the effects of the recession, reveals
the median net worth of households fell from $125,000 in 2007 to $96,000 in
2009.
The
Stock Market Is In A State Of Denial Those of you who watch financial TV or read the financial
media have probably heard the current market referred to as the “nothing
matters” market since it is supposedly ignoring a spate of negative news.
As
Adjusted Monetary Base Rises By Half A Trillion In 2011, Treasury Runs Out Of
Debt Ceiling Delay Measures
Gold
And Silver Are Thriving While The U.S. Dollar Is Dying Have you heard the news? Gold hit
another new record high on Thursday. It reached $1447.40 before settling back a
bit. Most people responded to that news with a yawn.
Reexamining
human nature [ Reexamining?
Just don't look too closely; else there goes your book. 'Dark side of human nature', a cliche.
'Man's inhumanity to man', a recurring theme bandied about for so long it's now
a proverb. Emotion / reason, character / IQ; such mental masturbation ignores
stark realities, the most prominent of which is that in evolutionary terms
vis-a-vis the species, though I hate to be the spoiler, 'time has run out'.
After all, in the last analysis, what can you really expect from a species
derived from apes, notochordates, and
initially single celled organisms. One might even say in light of such humble
beginnings, 'hey, not bad!' I would not be one of them. ( Neanderthals,
Humans Interbred, DNA Proves
You're
a Neanderthal: Genes say yes — a little bit (AP) Neanderthals
and people interbred, fossil analysis finds For more info on man’s
humble beginnings, see
here
http://www.albertpeia.com/anthroindex1.htm [ I’m adding
this here, having seen while flipping channels an anthropologist talking up
somewhat speciously the brain size of Neanderthals. The important but missed
point here was potential ‘brain-power’ unrealized. Think of it this way: In the
life-threateningly cold climes they inhabited, pre-occupation with warmth,
fire, wood for fire, food, mere survival usurped all their waking moments. Have
you ever tried to study, learn, think clearly (and new thoughts / neurogenesis
thereby) under such harsh and perilous conditions; successfully? Neither could
they. ]
FOUND:
MISSING LINK BETWEEN APES AND MAN.... These stories, and the many like it,
are old news and I subscribe to the more studied view that there is no “missing
link” per se and in my view they are distinctions without significant
differences.
10-5-09 Postscript: Professor *****,
I felt compelled to thank you again for the add; not to curry your favor but
indeed to express profound thanks inasmuch as this is probably the last formal
course at a formal educational institution I'll ever take; and among the most
important. While I had bought at discount a library-discarded 1993 Anthropology
by Embers text, though meaning to read same never quite got to it. I am
astounded by the substantial amount of time involved in the evolutionary
process, not that I ever stopped to think about it, and one must come away with
the sense of 'and all that...for this?'. This course should be required
curriculum along with psychology, sociology, etc., but probably won't be owing
to what is, as it should be, a very humbling educational experience for any
member of the human race.
Regards,
Al Peia ). ] In “The
Social Animal,” David Brooks reveals what it means when emotion clashes with
reason and character is at war with IQ.
How
much does war really cost? (Washington Post) [
This is a question much like that poignant, famed response of J. P.
Morgan to a question of a similar vein
(whether the inquirer could afford buying a boat); the answer being if you have to ask you most assuredly can't
(afford it). The nation is defacto bankrupt, after all. These wars have not
been worth doing at all except for those few war profiteers, military
industrial complex, israel, zionists, neocons, etc.. Yeah, it's actually worse
here in terms of insurmountable magnitude.(Davis ‘… This is how we pay off our current debts and I think
bondholders are simply happy to get anything out of a country that admits it
owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn (entire global
GDP) in the form of unfunded liabilities. The funniest thing about this (and
you have to laugh) is to see Conservative pundits get on TV and talk about how
we need to cut $100Bn worth of discretionary spending to "fix" this
(while continuing to spend $1Tn on the military and $1Tn on tax cuts for the top
1% each year). There is no fixing this and even a Republican said you can’t
fool all of the people all of the time. THIS
HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT THERE! ‘
). That wobama is a failed president, there is no question. Yet, the gop's
'never saw a war / conflict they didn't like' for the sake of the military
industrial complex, war profiteers, israel, war criminals, the few, etc.,
despite the defacto bankruptcy of the nation is quite beyond the pale. ‘US
is broke, dollar down, yet policy is to divide & conquer’ RT | America is getting involved in
another long-term war, which will ruin its economy. US
Approaching Insolvency, Fix To Be ‘Painful’: Fisher CNBC | The United States is on a fiscal
path towards insolvency and policymakers are at a “tipping point,”. Kucinich:
War is a swamp, Obama Libya action unconstitutional Drudgereport: FED: US Approaching Insolvency... ]
Household
wealth down 23% in 2 years – Fed A rare survey of U.S. households, first performed in 2007
but repeated in 2009 in order to gauge the effects of the recession, reveals
the median net worth of households fell from $125,000 in 2007 to $96,000 in
2009.
The
Stock Market Is In A State Of Denial ... ignoring a spate of negative news.
As
Adjusted Monetary Base Rises By Half A Trillion In 2011, Treasury Runs Out Of
Debt Ceiling Delay Measures
OPINION | If a war is
not worth a tax, or spending cuts, then perhaps it is not worth doing at all.
How
Can America Create Wealth If Our Industrial Base Is Destroyed? Any economy that constantly consumes
far more wealth than it produces is eventually going to be in for a very hard
fall. Many point to relatively stable GDP numbers as evidence that the U.S.
economy is doing okay, but the truth is that we have had to borrow increasingly
massive amounts of money to keep GDP numbers up at that level.
Come on! Upward revision of GDP by the scandal-scarred
commerce department? You can’t believe anything these desperate self-servers
say! This manipulated bubble in this secular bear market based on b*** s***
alone and today’s suckers’ rally on more badworse than expected news provides
an especially great opportunity to sell / take profits while you still can
since there's much worse to come! The frauds on wall street et als should be
criminally prosecuted, jailed, fined, and disgorgement imposed (this would also
help significantly the hapless, hopeless budget scenario). Fed
to hold regular news conferences (Washington
Post) [ Wow! Just what everyone needed … more spoon-fed b*** s*** / jawboning
by the flawed, flatulent, faultful fed … for the sake of fraudulent wall street
… you do remember those 'no-recession' jawbone sessions that sent the prior
bubble expanding faster than 'the big bang' itself … until every got and
continues to get banged from the last bubble-fraud crash. What do you expect
these incompetent, fraudulent criminals / accomplices to say? That they haven't
the slightest clue what they're doing and the damage they've already done? Come
on! The more they speak, the less you really know; and, to borrow from that old
saying / cliché … how do you know they're lying?... answer: 'their lips are
moving'... They lie all the time … sometimes even when they don't have to. M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep
interest rates this low this long, its inevitable cheap financing can allow
companies to start cobbling each other up. Further Ben's policies allow
companies like IBM to sell bonds at 1% and buy back shares with the proceeds
(total paper bubble-scam). POMO is
occurring almost daily and Primary Dealers can buy back their shares and pay
dividends with what essentially is taxpayer money--nifty trick eh? With all the
geopolitical and nuclear events going on little noticed was Fed "stress
tests" of financial institutions to see if they were healthy enough to buy
back shares and pay dividends. Making the matter sinister and less transparent
is their gag order on the entire process. The Fed also has some toxic waste
they'd like to sell you… (see infra)’ ] Chairman Bernanke’s move is part of
efforts by the central bank to make the institution appear less secretive. States
target jobless benefits (Washington Post) [ Sounds
like a plan … from h**l … after all, beyond the rhetoric, propaganda, fake data
/ reports, etc., the only real manufacturing going on in pervasively corrupt /
defacto bankrupt america is ever more worthless fiat paper currency, new
fangled wall street paper / securities / toxic asset bubble-frauds, etc.. Unemployment numbers from the labored labor
department? The ‘expiration / stopped looking, everyone’, at best. How can
anyone believe anything the pervasively corrupt, defacto bankrupt u.s.
government says. Durable goods (leading indicator) 200% worse than expected,
stocks rally. ‘ February
Durable Goods Orders Disappoint NEW YORK (TheStreet) Bharatwaj …’ This is the grim economic reality
[ http://albertpeia.com/grimreality.htm
]. Looking
Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
… wise to lighten up some into strength ...
BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows New
homes are bad deals in some areas (Washington Post)
[ If it only was just the new homes
being bad deals in some areas … and if it only was just real estate and not,
ie., grossly over-valued u.s. stocks, which rallied on the much worse than
expected news, etc.. Post 'The rise (in stocks) came in spite of record low
new-home sales data and continued worry about the European debt crisis.' Select
Stocks Boost Markets: Dave's Daily [ Dave: '...Economic data focused on New Home
Sales which were down nearly 17% causing the Homebuilder ETF (XHB) to
rally. I kid you not! ...' ] ] Michigan moves to cut its
unemployment program despite troubling jobless rates.
Come on! Upward revision of GDP by the scandal-scarred
commerce department? You can’t believe anything these desperate self-servers
say! This manipulated bubble in this secular bear market based on b*** s***
alone and today’s suckers’ rally on more badworse than expected news provides
an especially great opportunity to sell / take profits while you still can
since there's much worse to come! The frauds on wall street et als should be
criminally prosecuted, jailed, fined, and disgorgement imposed (this would also
help significantly the hapless, hopeless budget scenario). Fed
to hold regular news conferences (Washington
Post) [ Wow! Just what everyone needed … more spoon-fed b*** s*** / jawboning
by the flawed, flatulent, faultful fed … for the sake of fraudulent wall street
… you do remember those 'no-recession' jawbone sessions that sent the prior
bubble expanding faster than 'the big bang' itself … until every got and
continues to get banged from the last bubble-fraud crash. What do you expect
these incompetent, fraudulent criminals / accomplices to say? That they haven't
the slightest clue what they're doing and the damage they've already done? Come
on! The more they speak, the less you really know; and, to borrow from that old
saying / cliché … how do you know they're lying?... answer: 'their lips are
moving'... They lie all the time … sometimes even when they don't have to. M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep
interest rates this low this long, its inevitable cheap financing can allow
companies to start cobbling each other up. Further Ben's policies allow
companies like IBM to sell bonds at 1% and buy back shares with the proceeds
(total paper bubble-scam). POMO is
occurring almost daily and Primary Dealers can buy back their shares and pay
dividends with what essentially is taxpayer money--nifty trick eh? With all the
geopolitical and nuclear events going on little noticed was Fed "stress
tests" of financial institutions to see if they were healthy enough to buy
back shares and pay dividends. Making the matter sinister and less transparent
is their gag order on the entire process. The Fed also has some toxic waste
they'd like to sell you… (see infra)’ ] Chairman Bernanke’s move is part of
efforts by the central bank to make the institution appear less secretive. States
target jobless benefits (Washington Post) [ Sounds
like a plan … from h**l … after all, beyond the rhetoric, propaganda, fake data
/ reports, etc., the only real manufacturing going on in pervasively corrupt /
defacto bankrupt america is ever more worthless fiat paper currency, new
fangled wall street paper / securities / toxic asset bubble-frauds, etc.. Unemployment numbers from the labored labor
department? The ‘expiration / stopped looking, everyone’, at best. How can
anyone believe anything the pervasively corrupt, defacto bankrupt u.s. government
says. Durable goods (leading indicator) 200% worse than expected, stocks rally.
‘ February
Durable Goods Orders Disappoint NEW YORK (TheStreet) Bharatwaj …’ This is the grim economic reality
[ http://albertpeia.com/grimreality.htm
]. Looking
Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting monetary
tightening by their central banks to combat the inflationary pressures...So was
this week’s stumble the beginning of a more serious correction? The events and
reports this week did provide more evidence that the stock market may be ahead
of reality regarding prospects for the economy, and therefore corporate
earnings, going forward, which should at least limit the market’s upside
potential. Limited upside potential equals more downside risk? … wise to
lighten up some into strength ... BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows New
homes are bad deals in some areas (Washington Post)
[ If it only was just the new homes
being bad deals in some areas … and if it only was just real estate and not,
ie., grossly over-valued u.s. stocks, which rallied on the much worse than
expected news, etc.. Post 'The rise (in stocks) came in spite of record low
new-home sales data and continued worry about the European debt crisis.' Select
Stocks Boost Markets: Dave's Daily [ Dave: '...Economic data focused on New Home
Sales which were down nearly 17% causing the Homebuilder ETF (XHB) to
rally. I kid you not! ...' ] ] Michigan moves to cut its
unemployment program despite troubling jobless rates.
Censored TV
Ad Banned from Airwaves [ This
presentation is really quite good; indeed, so good, I archived it on my website
out of fear of censorship / blacklist / ban.
Why your
local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video on the economic / financial collapse from Stansberry and
Associates is so well researched and
succinctly presented that I’ve archived
same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which I believe to be correct. This is a must-view,
must-see that I strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ( 146mb – approx. 1 hr. 17 min. ) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 (
374mb ) Written text of presentation (without
pictures / charts) http://www.albertpeia.com/stansberrypresentation.htm
] Infowars.com | A television ad that features
Alex Jones’ narration has been banned from broadcast.
Money
Trouble Ahead: 15 Indications That Bad Times Are About To Hit The U.S. Economy 2011 is shaping up to be a really
bad year for the U.S. economy. There are all kinds of indications that big
trouble is ahead. So far financial markets are weathering all of the chaos
around the world fairly well, but just as there were huge flashing warning
signs before the 2008 financial crisis there are also huge flashing warning
signs now. The
American Dream
March 23, 2011
2011 is shaping up to be a really bad year for the U.S. economy. There
are all kinds of indications that big trouble is ahead. So far financial
markets are weathering all of the chaos around the world fairly well, but just
as there were huge flashing warning signs before the 2008 financial crisis
there are also huge flashing warning signs now. The price of oil is
soaring, the U.S. housing market is experiencing huge problems, the cost of
living in America recently hit a new record high and each week the globe seems
to become even more unstable. How much pounding can our fragile economic
system take before it completely collapses? As the price of oil goes even
higher, it is going to cause economic growth to slow down and it is going to
cause the prices of the things that we all buy at the stores to go up at the
same time. It is very likely that we are entering a period of
“stagflation” similar to what we experienced in the 1970s. This is going
to cause a huge amount of money trouble for millions of American
families. Already there are vast numbers of American families that are
barely making it every month. Tens of millions of Americans are already
receiving government assistance. So what is going to happen when the next
financial crash happens and we experience yet another major economic downturn?
The truth is that the financial system was never “fixed” after the crash
of 2008. If anything, it is more vulnerable today than it was back
then. Even as you read this, major imbalances are building up in the
global financial system, and at some point a “tipping point” will be reached.
Once that tipping point is reached, it will not be too long before the
U.S. economy experiences the next wave of economic problems. Perhaps we
will be fortunate and it will not be as bad as the 2008 crash. Perhaps
this next wave will be even worse than 2008 was. Only time will tell.
But all of the warning signs are there. The following are 15
indications that bad times are about to hit the U.S. economy….
#1 The price of
gasoline is about to cross the psychologically-important $4 a gallon threshold
in some areas of the United States. For example, the average price of
gasoline is now $3.977
in San Diego County and it is $3.955
in Riverside and San Bernardino counties.
#2 The price of oil
moved up close to the $105 mark by the end of the day today, and that means
that more gasoline price increases are likely on the horizon for American
consumers.
#3 In February, food
prices in the United States rose at the fastest rate in
36 years.
#4 According to the
U.S. Labor Department, the cost of living in the United States hit a
brand new all-time record high in the month of February.
#5 According to the
National Association of Realtors, sales of previously existing homes in the
United States dropped a
stunning 9.6 percent in February. The National Association of
Realtors also has announced that the median home price is the lowest it has
been in 9
years.
#6 The U.S. is
already in the midst of a real
estate crash that never seems to end, but many are warning that it is about
to get even worse. For example, prominent housing analyst Gary Shilling
is warning that U.S. housing prices are likely to drop another
20 percent.
#7 According to the
Mortgage Bankers Association, at
least 8 million Americans are at least one month behind on their mortgage
payments at this point.
#8 According to the
U.S. Census Bureau, the number of new building permits declined 20.5 percent in
February on a year over year basis. According to John Carney of CNBC, a
huge decline in building permits is usually an indication that a recession is
coming….
All nine recessions since 1959 have seen a year over year decline in
building permits. In eight of the last nine the annual rate of change hit
negative 20 percent or lower, and the economy went into a recession.
#9 31
percent of the homeowners that responded to a recent Rasmussen Reports
survey indicated that they are “underwater” on their mortgages.
#10 Millions of
American families are drowning in debt and debt collectors are becoming
increasingly aggressive. According to a new Federal Trade Commission
report, consumer complaints about debt collectors rose by
17 percent last year.
#11 Meredith Whitney
is warning that even though it may take longer than she originally projected,
we are still going to see a wave of municipal bond defaultsworth
hundreds of billions of dollars.
#12 The war in Libya
is putting upward pressure on the price of oil, it is yet another drain on U.S.
government finances, and it is raising tensions across the globe.
Vladimir Putin has called the NATO operation in Libya a “crusade” and
China is
calling for an immediate cease-fire. Financial markets do not like
instability of this nature.
#13 The rest of the
Middle East is melting down as well. More
than 40 demonstrators have been killed in Yemen and the president of that
country has declared a state of emergency. Government buildings are still
being set on fire in Egypt. Ivory Coast is in the midst of a full-blown
revolution, and there are ongoing protests in about a dozen other nations
across North Africa and the Middle East. This is really bad for global economic
stability.
#14 The damage from
the tsunami in Japan continues to affect more American Workers. GM has
just announced that they are going to temporarily
lay off workers at a Buffalo engine plant due to a shortage of parts from
Japan. When supply chains are going to get fully back to normal is
anyone’s guess. GM has also temporarily shut down a facility in
Shreveport, Louisiana due to supply problems.
#15 There continue to
be indications that the amount of radiation being released by the damaged
Fukushima Daiichi nuclear power plants is much higher than we have been led to
believe. The following is an excerpt from a recent report by
NHK World….
“Japan’s science ministry says radiation exceeding 400 times the normal
level was detected in soil about 40 kilometers from the troubled Fukushima
Daiichi nuclear power plant. The ministry surveyed radioactive substances in
soil about 5 centimeters below the surface at roadsides on Monday. The ministry
found 43,000 becquerels of radioactive iodine-131 per kilogram of soil, and
4,700 becquerels of radioactive cesium-137 per kilogram about 40 kilometers
west-northwest of the plant. Gunma University Professor Keigo Endo says
radiation released by the iodine is 430 times the level normally detected in
soil in Japan and that released by the cesium is 47 times the norm.”
400 times the normal level amount of radiation 40 kilometers from the
plant?
That is something that should be taken very seriously.
Sadly, radiation levels continue to rise throughout northern and central
Japan. If a significant amount of people have to be evacuated from Tokyo
at some point that is going to be absolutely devastating for the global
economy.
So what should Americans be doing? How can middle class families
weather the storm that is coming?
Well, one thing that can be done is to start saving
money and not spending it on frivolous things like new cars and
international vacations. Many Americans did not learn the lessons of 2008
and they are running around blowing money as if the good times will never come
to an end.
Also, now is a good time to get out of debt. Millions of American
families are literally drowning in
debt, and when the next financial crash comes it is the families that are
overextended that will be the most financially vulnerable.
When you see a storm coming, the prudent thing to do is to make
preparations. Most people believe what they want to believe, but anyone
that cannot see the economic storm clouds on the horizon at this point has got
to be pretty clueless.
Our entire economic system is slowly failing. Hopefully the folks running
things will be able to hold the economy together for a while longer, but when
you stop and think about who we have in charge, there are not many reasons to
be optimistic.
Lohan
rejects judge's plea offer in theft case (AP) [ It is common practice in the entertainment industry for
'loaners' far more expensive than the subject 'costume piece' here, to garner
the benefit of the 'show and tell', particularly for this little hole in the wall
in Venice. I mean, come on; this was hardly a surprise taking in a bustling
store overrun by customers. Then there are the 'evidentiary' problems attendant
to the venal motives of the store itself and monies received. In all, one must
conclude that these invariably corrupt judges / prosecutors as corrupt steve
the cooley (check out those land deals) like to bully the girls, ie., Lindsay
Lohan, Winona Ryder, etc.. I'm not going to mention the guys of late who got a
pass. Blatant misogyny? What else can you call it; particulary since they're
letting scores of far more serious criminals out of jail, and we all know the
numbers of serious violent criminals walkin' the streets with impunity in
so-cal. Paris
Hilton prosecutor arrested for buying cocaine (Reuters) ]
Fed
to hold regular news conferences (Washington
Post) [ Wow! Just what everyone needed … more spoon-fed b*** s*** / jawboning
by the flawed, flatulent, faultful fed … for the sake of fraudulent wall street
… you do remember those 'no-recession' jawbone sessions that sent the prior bubble
expanding faster than 'the big bang' itself … until every got and continues to
get banged from the last bubble-fraud crash. What do you expect these
incompetent, fraudulent criminals / accomplices to say? That they haven't the
slightest clue what they're doing and the damage they've already done? Come on!
The more they speak, the less you really know; and, to borrow from that old
saying / cliché … how do you know they're lying?... answer: 'their lips are
moving'... They lie all the time … sometimes even when they don't have to. M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep
interest rates this low this long, its inevitable cheap financing can allow
companies to start cobbling each other up. Further Ben's policies allow
companies like IBM to sell bonds at 1% and buy back shares with the proceeds
(total paper bubble-scam). POMO is
occurring almost daily and Primary Dealers can buy back their shares and pay
dividends with what essentially is taxpayer money--nifty trick eh? With all the
geopolitical and nuclear events going on little noticed was Fed "stress
tests" of financial institutions to see if they were healthy enough to buy
back shares and pay dividends. Making the matter sinister and less transparent
is their gag order on the entire process. The Fed also has some toxic waste
they'd like to sell you… (see infra)’ ] Chairman Bernanke’s move is part of
efforts by the central bank to make the institution appear less secretive.
Japan
fears for food, water supplies (Washington
Post) [ Well, if Japan doesn't, who will? Certainly not america, in america, where
fears are never concerns till they've become realities in their rears. ] As the number of deaths from the March 11 earthquake and tsunami
officially exceeded 10,000, the struggle to prevent more radiation from
escaping continued. Chernobyl-Style
Yellow Rain Causes Panic In Japan Paul Joseph Watson | Authorities assure alarmed
citizens yellow powder is pollen, but victims of Chernobyl radiation were told
the same thing. Fukushima
Radiation Spreading To More U.S. States Steve Watson | EPA says some air monitors might
not be working properly. Apple
Rejects iPhone 4 Radiation Metering App Matt Ryan | Radiation metering app
demonstrates iPhone releases increased amount of radiation when struggling to
find signal. Chernobyl-Style
Yellow Rain Causes Panic In Japan Radioactive yellow rain that fell in Tokyo and surrounding
areas last night caused panic amongst Japanese citizens and prompted a flood of
phone calls to Japan’s Meteorological Agency this morning, with people
concerned that they were being fed the same lies as victims of Chernobyl, who
were told that yellow rain which fell over Russia and surrounding countries
after the 1986 disaster was merely pollen, the same explanation now being
offered by Japanese authorities. Fukushima
Radiation Spreading To More U.S. States Radiation from the ongoing disaster in Japan is spreading
throughout the United States, and while the EPA says the levels are not
dangerous, it also admits that some of its radiation-tracking air monitors may
not even be working. Radioactive
Iodine In Fukushima Seawater Highest Ever, Reactors 5 And 6 Now Leaking Too And while futures rise as the market
anticipates the latest central bank intervention to paper over the global
financial insolvency, the radioactive fallout from Fukushima continues to
worsen as Iodine 131 levels in the seawater hits the highest since the start of
the crisis. Fukushima
Radiation Release Rivals Chernobyl The radiation released by the stricken Fukushima nuclear
plant already rivals and in one sense exceeds the Chernobyl catastrophe
according to Austria’s Central Institute for Meteorology and Geodynamics, even
as media spin downplays the severity of the crisis despite the fact that the
problems at the plant show no signs of abating.
For
loyalists, a state of perpetual revolution (Washington
Post) [ And, for defacto bankrupt america / americans, a state of perpetual war
… and, on how many fronts? … eh … what the heck … who's countin' … certainly
not capital hill et als; you know, all that money the nation doesn't even
really have but keep spending. How will this all end … not well … not well at
all! ] Six days into the allied bombardment of Libyan military targets, it
is clear that Moammar Gaddafi can count on the fierce loyalties of at least a
significant segment of the population. School
Shooting Exercise Portrays Student as Anti-Illegal Immigration Terrorist Kurt Nimmo | Scenario depicts racist student
with access to a cache of guns and IEDs shooting Latino student. Globalist
Coalition Claims “Precision” Bombs Do Not Kill Libyan Civilians Kurt Nimmo | CNN and the corporate media are
trying their darnedest to put the best face on Obama’s illegal attack.White
House: Libya fight is not war, it’s ‘kinetic military action’ Byron
York | “Military steps — and they can be kinetic and non-kinetic.” Camp
Lejeune Marines To Libya To Strike At Qadhafi Forces WCTI |
We’ve seen Camp Lejuene Marines in Iraq and Afghanistan and now they are
joining the fight against Libya.‘Libya war could
last 30 years’ Mail Online | Ministers admitted they have
no idea how long military operation against Gaddafi could take.Globalist
Coalition Claims “Precision” Bombs Do Not Kill Libyan Civilians CNN and the corporate media are
trying their darnedest to put the best face on Obama’s illegal attack against
the people of Libya under the auspices of the United Nations and its bankster
overlords.Critics:
Iowa terror drill portrays immigration foes as killers Foes of illegal immigration are up
in arms over plans for a weekend disaster exercise in western Iowa with a
fictitious scenario in which white supremacists shoot dozens of people amid
rising tensions involving racial minorities and illegal immigrants.Orwell
Rolls In His Grave: White House: Libya fight is not war, it’s ‘kinetic military
action’ In the last
few days, Obama administration officials have frequently faced the question: Is
the fighting in Libya a war? From military officers to White House spokesmen up
to the president himself, the answer is no. But that leaves the question: What
is it?Gas
to Hit $5 Per Gallon Before Summer Oil industry experts warn that the price for a gallon of gas
will reach $5 before summer. They blame the unfolding conflict in Libya and
across the oil-producing Middle East for exploding prices.
States
target jobless benefits (Washington Post) [ Sounds
like a plan … from h**l … after all, beyond the rhetoric, propaganda, fake data
/ reports, etc., the only real manufacturing going on in pervasively corrupt /
defacto bankrupt america is ever more worthless fiat paper currency, new
fangled wall street paper / securities / toxic asset bubble-frauds, etc.. Unemployment numbers from the labored labor
department? The ‘expiration / stopped looking, everyone’, at best. How can
anyone believe anything the pervasively corrupt, defacto bankrupt u.s.
government says. Durable goods (leading indicator) 200% worse than expected,
stocks rally. ‘ February
Durable Goods Orders Disappoint NEW YORK (TheStreet) Bharatwaj …’ This is the grim economic reality
[ http://albertpeia.com/grimreality.htm
]. This
manipulated bubble in this secular bear market based on b*** s*** alone and
today’s suckers’ rally provides an especially great opportunity to sell / take
profits while you still can since there's much worse to come! The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed (this would also help
significantly the hapless, hopeless budget scenario). Looking
Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
… wise to lighten up some into strength ...
BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows New
homes are bad deals in some areas (Washington Post)
[ If it only was just the new homes
being bad deals in some areas … and if it only was just real estate and not,
ie., grossly over-valued u.s. stocks, which rallied on the much worse than
expected news, etc.. Post 'The rise (in stocks) came in spite of record low
new-home sales data and continued worry about the European debt crisis.' Select
Stocks Boost Markets: Dave's Daily [ Dave: '...Economic data focused on New Home
Sales which were down nearly 17% causing the Homebuilder ETF (XHB) to
rally. I kid you not! ...' ] ] Michigan moves to cut its
unemployment program despite troubling jobless rates.
World
finds less solace in dollar (Washington Post) [ No
mystery here … Not even a long time coming in light of america's very real defacto
bankruptcy; particularly as the same old / same old plunder of this and other
nations by, you guessed it, the same old / same old. Money
Trouble Ahead: 15 Indications That Bad Times Are About To Hit The U.S. Economy 2011 is shaping up to be a really
bad year for the U.S. economy. There are all kinds of indications that big
trouble is ahead...just as there were huge flashing warning signs before the
2008 financial crisis there are also huge flashing warning signs now. The
American DreamMarch
23, 20112011 is shaping up to be a really bad year for the U.S.
economy. There are all kinds of indications that big trouble is ahead. So far
financial markets are weathering all of the chaos around the world fairly well,
but just as there were huge flashing warning signs before the 2008 financial
crisis there are also huge flashing warning signs now. The price of oil
is soaring, the U.S. housing market is experiencing huge problems, the cost of
living in America recently hit a new record high and each week the globe seems
to become even more unstable. How much pounding can our fragile economic
system take before it completely collapses? As the price of oil goes even
higher, it is going to cause economic growth to slow down and it is going to cause
the prices of the things that we all buy at the stores to go up at the same
time. It is very likely that we are entering a period of “stagflation”
similar to what we experienced in the 1970s. This is going to cause a
huge amount of money trouble for millions of American families. Already
there are vast numbers of American families that are barely making it every
month. Tens of millions of Americans are already receiving government
assistance. So what is going to happen when the next financial crash
happens and we experience yet another major economic downturn?The truth is that
the financial system was never “fixed” after the crash of 2008. If
anything, it is more vulnerable today than it was back then. Even as you
read this, major imbalances are building up in the global financial system, and
at some point a “tipping point” will be reached.Once that tipping point is
reached, it will not be too long before the U.S. economy experiences the next
wave of economic problems.... as the 2008 crash... Perhaps this next wave will
be even worse than 2008 ...But all of the warning signs are there. The following are 15
indications that bad times are about to hit the U.S. Economy...'] Usually considered a safe haven in times of turmoil, the dollar is
down against a basket of other currencies
Unemployment numbers
from the labored labor department? The ‘expiration / stopped looking,
everyone’, at best. How can anyone believe anything the pervasively corrupt,
defacto bankrupt u.s. government says. Durable goods (leading indicator) 200%
worse than expected, stocks rally. ‘ February
Durable Goods Orders Disappoint NEW
YORK (TheStreet) Bharatwaj …’ This is the grim economic
reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s suckers’ rally provides an especially great
opportunity to sell / take profits while you still can since there's much worse
to come! The frauds on wall street et
als should be criminally prosecuted, jailed, fined, and disgorgement imposed
(this would also help significantly the hapless, hopeless budget scenario). M&A,
Ben Resuscitate Bulls: Dave's Daily 'If
you can keep interest rates this low this long, its inevitable cheap financing
can allow companies to start cobbling each other up. Further Ben's policies
allow companies like IBM to sell bonds at 1% and buy back shares with the
proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary Dealers can buy
back their shares and pay dividends with what essentially is taxpayer
money--nifty trick eh? With all the geopolitical and nuclear events going on
little noticed was Fed "stress tests" of financial institutions to
see if they were healthy enough to buy back shares and pay dividends. Making
the matter sinister and less transparent is their gag order on the entire
process. The Fed also has some toxic waste they'd like to sell you… (see infra)’ Looking Like A Good Time To Sell Into Strength - Harding ‘Many important global stock markets, including
China, Brazil, India and Hong Kong, have been in fairly significant corrections
since November, down between 12% and 17%. Their major concerns have been rising
inflation and the resulting monetary tightening by their central banks to
combat the inflationary pressures...So was this week’s stumble the beginning of
a more serious correction? The events and reports this week did provide more
evidence that the stock market may be ahead of reality regarding prospects for
the economy, and therefore corporate earnings, going forward, which should at
least limit the market’s upside potential. Limited upside potential equals more
downside risk? It might be wise to lighten up some into strength that may
develop over the next few days during the ‘monthly strength period.’ BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows New
homes are bad deals in some areas (Washington
Post) [ If it only was just the new
homes being bad deals in some areas … and if it only was just real estate and
not, ie., grossly over-valued u.s. stocks, which rallied on the much worse than
expected news, etc.. Post 'The rise (in stocks) came in spite of record
low new-home sales data and continued worry about the European debt
crisis.' Select
Stocks Boost Markets: Dave's Daily [ Dave: '...Economic data focused on New Home
Sales which were down nearly 17%
causing the Homebuilder ETF (XHB) to rally. I kid you not! ...' ]
Lohan
rejects judge's plea offer in theft case (AP) [ It is common practice in the entertainment industry for
'loaners' far more expensive than the subject 'costume piece' here, to garner
the benefit of the 'show and tell', particularly for this little hole in the wall
in Venice. I mean, come on; this was hardly a surprise taking in a bustling
store overrun by customers. Then there are the 'evidentiary' problems attendant
to the venal motives of the store itself and monies received. In all, one must
conclude that these invariably corrupt judges / prosecutors as corrupt steve
the cooley (check out those land deals) like to bully the girls, ie., Lindsay
Lohan, Winona Ryder, etc.. I'm not going to mention the guys of late who got a
pass. Blatant misogyny? What else can you call it; particulary since they're
letting scores of far more serious criminals out of jail, and we all know the
numbers of serious violent criminals walkin' the streets with impunity in
so-cal. Paris
Hilton prosecutor arrested for buying cocaine (Reuters) ]
Drudgereport: MOODY'S
THREATENS TO DOWNGRADE BRITAIN'S DEBT...
STUDY: US Finances Rank Near Worst in
World...
Libya
Mission 'clouded by confusion'...
White
House: Days, not weeks...
France:
Weeks, not days...
Dem
Rep: Obama told me US would be 'in and out'...
Pentagon:
Likely to continue combat...
2,200
ground troops headed to region...
Quake toll rises to
27,000 dead, missing...
[I have been under constant barrage / hack / intrusions
which has my antivirus working overtime and flashing saves from a multitude of
threats. I think this particular thrust by what I reasonably suspect to be
paranoid american / israeli criminals / lunatics was probably affected
particularly by that blazing full ‘supermoon’, but continues when for now just
limited moments I’m logged into windows xp, literally a virus magnet/so-called
op system. I thereupon downloaded and installed linux / unbuntu 10.10 (most
recent) which also makes available an ‘installer’ (separate download, both free
from their official website - http://www.ubuntu.com/desktop/get-ubuntu/download ) that
facilitates essentially a dual boot (you may choose your operating system for
the session – windows or linux/ubuntu). Works like a charm and I strongly
recommend it. Microsoft’s a dyingosaur american monopoly company which is an
american tale and story of america as a pervasively corrupt, defacto bankrupt,
dying / declining nation.]
Fears
grow of humanitarian crisis in Libya
(Washington Post) [ Ya
think? Based on … that familiar template we now know as Iraq, Afghanistan,
etc., and let's not leave out the beneficiary of all such 'preoccupation';
viz., pervasively corrupt, defacto bankrupt america … Money
Trouble Ahead: 15 Indications That Bad Times Are About To Hit The U.S. Economy 2011
is shaping up to be a really bad year for the U.S. economy. There are all kinds
of indications that big trouble is ahead. So far financial markets are
weathering all of the chaos around the world fairly well, but just as there
were huge flashing warning signs before the 2008 financial crisis there are
also huge flashing warning signs now. The
American Dream
March 23, 2011 2011 is shaping up
to be a really bad year for the U.S. economy. There are all kinds of
indications that big trouble is ahead. So far financial markets are weathering
all of the chaos around the world fairly well, but just as there were huge
flashing warning signs before the 2008 financial crisis there are also huge
flashing warning signs now. The price of oil is soaring, the U.S. housing
market is experiencing huge problems, the cost of living in America recently
hit a new record high and each week the globe seems to become even more
unstable. How much pounding can our fragile economic system take before
it completely collapses? As the price of oil goes even higher, it is
going to cause economic growth to slow down and it is going to cause the prices
of the things that we all buy at the stores to go up at the same time. It
is very likely that we are entering a period of “stagflation” similar to what
we experienced in the 1970s. This is going to cause a huge amount of
money trouble for millions of American families. Already there are vast
numbers of American families that are barely making it every month. Tens
of millions of Americans are already receiving government assistance. So
what is going to happen when the next financial crash happens and we experience
yet another major economic downturn?
The
truth is that the financial system was never “fixed” after the crash of
2008. If anything, it is more vulnerable today than it was back
then. Even as you read this, major imbalances are building up in the
global financial system, and at some point a “tipping point” will be
reached...'] Aid organizations scramble to prepare for
large-scale relief operations, as fears grew of a potential humanitarian crisis
in a key city besieged by government forces.
New
homes are bad deals in some areas (Washington
Post) [ If it only was just the new
homes being bad deals in some areas … and if it only was just real estate and
not, ie., grossly over-valued u.s. stocks, which rallied on the much worse than
expected news, etc.. Post 'The rise (in stocks) came in spite of record
low new-home sales data and continued worry about the European debt
crisis.' Select
Stocks Boost Markets: Dave's Daily [ Dave: '...Economic data focused on New Home
Sales which were down nearly 17%
causing the Homebuilder ETF (XHB) to rally. I kid you not! ...' ] 'As you must
know, many major indices are price weighted and the DJIA takes the lead in this
regard. Six of the highest priced stocks Wednesday (IBM, BA, CAT, DVX, MMM
& UTX) provided most of the gains. Stocks were lower most of the morning,
but volume seemed light, offering an opportunity for buyers to push prices
higher. The theme for bulls was reconstruction in Japan even though EWJ
(iShares Japan ETF) finished the day slightly lower. ETFs like XLB (SPDR
Materials Sector ETF), SLX (Van Eck Steel ETF) and XME (SPDR Metals &
Miners) have the "stuff" needed for reconstruction. Goldman Sachs CEO
Lloyd ("I want me some more me!") Blankfein was on the witness stand
today. He confirmed director Rajat Gupta violated "confidentiality"
by tipping off hedge
fund trader Raj Rajaratnam regarding
Buffett's investment in his company. Also in the financial sector, the Fed
announced it would not permit BAC to payout a dividend post the recent
("covered-up") bank stress tests. This rightly drove shares of many
financial companies lower. Further, it should drive taxpayer's nuts that a Fed
"gag order" restricting disclosure of stress test results exists.
This is taxpayer money after all. Meanwhile, speaking of the Fed we had two
days of POMO resulting in $15 billion in fire power for trading
desks of Primary Dealers including GS. The poor ADBE outlook lingered over tech
but traders always seem to find a way to discard bad news and
shift focus elsewhere. Of course, this can only be done so long. Economic data
focused on New Home
Sales which were down nearly 17%
causing the Homebuilder ETF (XHB) to rally. I kid you not! Energy markets were higher
despite higher inventories. OPEC spokesmen stated Tuesday they're comfortable
at $120. How about you? Gold and silver hit fresh highs, while the euro dropped
on Portugal, base metals rallied and bonds were slightly lower. Volume was once
again light while breadth per the WSJ was unremarkable...' ]
Sec.
Gates reassures Egypt over war in Libya (Washington Post) [ Well, there
you go. If Gates says it; well, it must be true … riiiiight! Gates’s
message (Washington
Post) [ Which one? And I don't mean
which gates. I mean which message? It's hard to keep up, especially if you have
a good memory and remember what the meaning of the word 'is', is. Candor? CIA
man gates? Are you just funnin' with us? Come on! Wake up! Oh wait … here's an
incisive statement you can take to the bank … Uncertain
outlook for Middle East: Gates [Sounds like a plan!] (Reuters) Overseas
official trips amidst crises
(Washington Post) [ It’s
really quite incredible indeed. It was the espn basketball brackets that got me
… so stereotypical … I mean what are they thinking, or not. Riiiight! Not!
Well, gates is gone and as a cia man, what he says means absolutely nothing …
they kind of pride themselves on that … On the receiving end you gotta think
they’re already checking air force one’s return trip schedule hoping to ‘hold
out’ and escape potential invasion themselves … After all, what nation in the
world can or does trust desperate, meaningfully lawless, pervasively corrupt,
defacto bankrupt america … oh yeah, maybe fellow war crimes nation israel and
orwellian, me-too old-biddy britain.… Gates's
warning: Avoid land war in Asia, Middle East, and Africa Christian
Science Monitor - In a
speech to cadets at the United States Military Academy at West Point, Gates's
message was clear: The US military services, as well as the elected and
appointed civilians who send them to war, need better ways of foreseeing and
preparing for ... Gates
Tells US Army to Take New Approach Voice
of America Warning Against
Wars Like Iraq and Afghanistan New
York Times [ Better said, than unsaid;
but, methinks a bit late for that in light of pervasively corrupt, defacto
bankrupt america’s consummate decline and fall! If only they had listened and
not shot at the messenger … things could have been different! ] ]As war clouds
gathered over Libya on Friday, the U.S. commander in chief and his defense
secretary were each preparing to leave Washington to visit places far removed
from any military operations.
] The defense secretary is a voice of candor on the
Mideast.
Germans
pull forces out of NATO as Libyan coalition falls apart Mail
Online
‘Libya war could
last 30 years’ Mail Online | Ministers admitted
they have no idea how long military operation against Gaddafi could take.
You
Tube Admits To Freezing View Count On Biden Impeachment Video
National
Guard Called Up for Libyan Intervention
New
homes are bad deals in some areas (Washington Post) [ If it only was just the new homes being bad
deals in some areas … and if it only was just real estate and not, ie., grossly
over-valued u.s. stocks, which rallied on the much worse than expected news,
etc.. Post 'The rise (in stocks) came in spite of
record low new-home sales data and continued worry about the European debt
crisis.' Select
Stocks Boost Markets: Dave's Daily [ Dave: '...Economic data focused on New Home
Sales which were down nearly 17%
causing the Homebuilder ETF (XHB) to rally. I kid you not! ...' ]
Portugal’s
government collapses (Washington Post) [ Here we go again … that so-called
dominoe effect we thought we left behind in Vietnam; yet, truth be told, we
have near 50 such dominoes here in the pervasively corrupt / defacto bankrupt
disunited states of america. Yeah, it's actually worse here in terms of
insurmountable magnitude.(Davis ‘… This is how we pay off our current debts and I think
bondholders are simply happy to get anything out of a country that admits it
owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn (entire global
GDP) in the form of unfunded liabilities. The funniest thing about this (and
you have to laugh) is to see Conservative pundits get on TV and talk about how
we need to cut $100Bn worth of discretionary spending to "fix" this
(while continuing to spend $1Tn on the military and $1Tn on tax cuts for the
top 1% each year). There is no fixing this and even a Republican said you can’t
fool all of the people all of the time. THIS
HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT THERE! ‘
). That wobama is a failed president, there is no question. Yet, the gop's
'never saw a war / conflict they didn't like' for the sake of the military
industrial complex, war profiteers, israel, war criminals, the few, etc.,
despite the defacto bankruptcy of the nation is quite beyond the pale. ‘US
is broke, dollar down, yet policy is to divide & conquer’ RT | America is getting involved in
another long-term war, which will ruin its economy. US
Approaching Insolvency, Fix To Be ‘Painful’: Fisher CNBC | The United States is on a fiscal
path towards insolvency and policymakers are at a “tipping point,”. Kucinich:
War is a swamp, Obama Libya action unconstitutional Amid the ongoing coalitional
bombardment of Libya it turns out President Obama may have had no
constitutional authority for ordering US military involvement. Drudgereport: FED: US Approaching Insolvency... DEM LAWMAKER:
IMPEACH OBAMA.. ]
Portugal’s parliament rejects an austerity plan,
pushing the country closer to an international bailout and triggering another
test of Europe’s ability to deal with an ongoing debt crisis.
Related: Graphic:
Europe's financial contagion
3
Reasons to Exit the Market Now
Martchev 'NEW YORK (TheStreet) - A S&P 500 futures
trader once told me: "After a sharp sell-off, the bounce leading to a
first kiss of a 20-day moving average from below is a short sale." But, I
had to ask, "Why?" "That's how it is," he said with a
typical New York City assertiveness and did not elaborate...'
U.S.
cracks down on bribery abroad (Washington
Post) [ But keep up the bribery back home since they (the injustice department
et als) all have their hands out one way or another, directly or indirectly,
sooner or later, for a piece of that ever more elusive, depreciating, if not
vanishing american pie. Justice Department, SEC charge companies such as
IBM, GE, Alcatel-Lucent, Halliburton, Tyson Foods, etc., for offenses abroad. See … if only these companies could
move worthless paper like fraudulent wall street …!
Obama
Laments He’s Not President Of Communist China [ Time to relieve wobama the
b’ (for b*** s***) of his burden by impeaching / removing him from office
without delay! He may not have been the first black president (Clinton is
generally considered the first black president by blacks and whites alike, a
moniker Clinton accepted and wore proudly – that 18% vote), but he is certainly
the last! Drudgereport: City
Lowers Police Testing Standards Because Not Enough Blacks Passed... Under
pressure from Obama administration... Illinois
mayor says Obama still owes city $55,457... Obama
to party with Washington reporters...
Golf
in the afternoon... ] Weekly
Standard | “Mr. Obama has told people that it would be so much easier
to be the president of China.” Dave’s
Daily: ‘…Where is the president? This has been
a universal question raised by both right and left. Obama appeared on ESPN to
go over his NCAA basketball bracket, is hosting a $30K a plate fund raiser in
Harlem and heads this weekend to Rio. The president's disconnect is beyond
belief and his ears have turned to tin…’
Obama Plays
While Japan Begs for Help [
‘Wobama the b’ (for b*** s***) is a typical ‘***************’ … Go ahead, fill
it in … whatever comes to mind … don’t feel guilty, he’s already a failed
president who should be impeached / removed from office without delay and a
total incompetent and fraud. ] Paul Joseph Watson & Alex Jones
| With the world on fire, the President goes AWOL again … ’
Financialization
and Our Increasingly Unstable Economy Roche ‘I finally got around to seeing
the movie Inside Job, the story behind the credit crisis and winner of the
Academy Award for best documentary. It’s very good and I highly recommend it to
anyone who hasn’t seen it. It will certainly infuriate you. The movie doesn’t
place nearly enough blame on homeowners, but all in all it does an excellent
job of showing how Wall Street and government have become overrun by
deregulation and sheer greed. A combination of flawed economic theory and greed
have combined to create the beast that we now call a “functioning” economy. The
worst part of it all is that President Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place. …’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billiions from the fraud ), the commentator / experts
recommend getting rid of the corrupt eric holder ( now what do holder and
wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL
RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v.
AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside Job’ New Documentary
Exposes Wall Street Fraud And How Banksters Continue To Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
] Former general counsel inherited part of a Bernard Madoff
account.
Ethics
code urged for Supreme Court
(Washington Post) [
Sounds like a plan! Come on! Wake up! After all, what can you expect
from two guidos from ‘jersey (alito and scalia, colloquial – note that I have
refrained from using what some might consider disparaging terms as w*p*,
gui***s, or da***s … and let me state for the record that I truly loved and
respected my grandmother who was 100% Italian/Bari,Italy and as well my
grandfather/Lake Como,northern Italy with greek ancestral roots and I thereby
claim standing/right to posit the criticism in light of my direct experience.
). How ‘bout starting with enforcing laws as to judges, liars, etc., within the
very corrupted american illegal system; and, particularly bribes which in one
form or another are rampant . I don’t know about Thomas ( 3-4-11 Throw
Clarence Thomas Off the Bench (The Daily Beast) ) , but I do know about alito and ‘jersey … :
October 15, 2010 (*see
infra)
Steven M. Martinez,
Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention
of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the Qui Tam provisions of
the Federal False Claims Act probably would apply and I would absent
resolution seek to refer the within to a firm with expertise in that area of
the law with which I am not familiar).
The
document in 5 pages under penalty of perjury I was asked to forward to the FBI
office in New Haven is probably the best and most concise summary of the
case RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm .
With regard to the calls to the FBI’s LA and New Haven, CT offices:
There was one call to the LA office and I was referred to the Long Beach, CA
office where I personally met with FBI Agent Jeff Hayes to whom I gave
probative evidentiary documents of the money laundering which he confirmed as
indicative of same (he was transferred from said office within approximately a
month of said meeting and his location was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in touch
for in excess of a decade until he abruptly retired (our last conversation
prior to his retirement related to the case and parenthetically, Rudy Giuliani
whose father I stated had been an enforcer for the mob to which he registered
disbelief and requested I prove it, which I did – he served 12 years in prison,
aggravated assault/manslaughter? – and no, there is no Chinese wall of
separation – Andrew Maloney’s the one that prosecuted gotti).
In contradistinction to
the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
·
A judgment had been
entered in my favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess of
$300,000 remains unaccounted for and which could be used for payment to creditors,
Los Angeles, etc..
·
Counsel Robert
Sullivan on my behalf documented by way of certification upon investigation
that Alan Shiff, USBCJ, had falsely stated a dismissal upon which false
statement he predicated a retaliatory and spurious contempt proceeding against
me causing substantial damage, and for which he sought Judicial Notice of those
and related proceedings as did I in some of my filings.
·
The Order of
Dismissal With Prejudice by Alan Shiff, USBCJ, owing to Defendant Coan’s
failure to file anything whatsoever by the court’s deadline causing creditors
and me substantial damages: [ Shiff Order of Dismissal With Prejudice on
Coan’s Failure to File Page 1 Page 2 ]
·
Defendant Coan had
filed an action against me to prevent me from suing him which necessitated me
to fly to Connecticut for a hearing before The Honorable Robert N. Chatigny,
Chief Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected with a
case under Title 11, USC, etc.) . [ transcript
in pertinent part -
crossexamofcoanbypeia.pdf ]
·
Newly appointed
judge, Maryanne Trump Barry, Donald Trump’s sister, was assigned the RICO case
despite the conflict of interest in light of hundreds of thousands of dollars
of illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard herself
and denied, and U.S. Trustee Hugh Leonard with whom I met personally refused to
join or file a separate motion to recuse and not long thereafter left said
office for private practice at Cole, Shotz, et als on retainer with the RICO
defendants as his primary client.
·
Probative and
evidentiary documents, affidavits, exhibits, including those turned over to FBI
Agent Jeff Hayes in Long Beach, CA, had been given to Assistant U.S. Attorney
Jonathan Lacey with whom I met personally at the U.S. Attorney’s Office in
Newark, N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with the
office, that the file/documents could not be located, and that there was no
further information available concerning contacting him or his location. I
thereupon delivered by hand, copies of said documents to the office of then
U.S. Attorney Alito, addressed to him, with assurance they would go directly to
him. In addition to being inept [ I looked in on the
one mob case he had brought, bungled, lost (accidently on purpose?) since I was
suing some mob-connected under RICO and the court (I had known / previously met
outside of court the judge Ackerman through a client) was absolute bedlam and a
total joke since incompetent corrupt Alito brought in all 20 mob defendants
(rather than prosecute one or a few to flip them first) who feigning illness
had beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if not so
tragic.], Alito is also corrupt
(and maybe corrupt because he is inept). After a reasonable (but still rather
short) time I called to determine the status and was told that Alito was no
longer with the Office of the U.S. Attorney, that he was (appointed) a federal
judge, and that neither the documents nor any file or record of same could be
located. Alito did parley the same / cover-up into quid pro quo direct lifetime
appointment to the Court of Appeals, 3rd circuit, despite the
absence of judicial experience or successful tenure as U.S. Attorney (Maryanne
Trump Barry as well). This is the same Sam Alito that now sits on the purported
highest court in the land. The real application of the illegal rule ‘don’t ask,
don’t tell’.
There
is applicable insurance / surety coverage and neither LA, nor creditors, nor I
should continue to have been damaged by this brazened corrupt and illegal
scenario, which should be resolved in accordance with the meaningful rules of
law apposite thereto.
Sincerely,
Albert
L. Peia
611
E. 5th Street, #404
Los
Angeles, CA 90013
(213)
219-**** (cell phone)
(213)
622-3745 (listed land line but there are unresolved problems with the line,
computer connection may be the reason but I hesitate to chance greater
non-performance / worsening by their ‘fix’ so cell phone best for contact).
] Group of law
professors' appeal comes after controversies involving travel and appearances
at political events by several justices.
Why your
local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video on the economic / financial collapse from Stansberry and
Associates is so well researched and
succinctly presented that I’ve archived
same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which I believe to be correct. This is a must-view,
must-see that I strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ( 146mb – approx. 1 hr. 17 min. ) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 (
374mb ) Written text of presentation (without
pictures / charts) http://www.albertpeia.com/stansberrypresentation.htm
]
(Washington Post) [Wobama says daffy gaddafi’s time is up, got to go.
The same can be said of wobama et als and his fraudulently failed
presidency. Sheen
On Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama (Some
might reflexively, defensively allege drugs (prescription or otherwise) or any
number of the varied personality disorders so prevalent in america … ‘fuzzy,
California laid back thinking’, ‘whatever’… Who knows? ) But, that said,
wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a
total fraud having been elected under false pretenses; viz., his total,
unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover,
there has been some persuasive documentation questioning wobama’s citizenship /
birthplace placing his eligibility to even hold the office of president in
question. Drudgereport: UPDATE:
Huckabee claims Obama grew up in Kenya... The
Obama Nation, by Jerome Corsi Rezko
was corrupt, and supported Obama in many campaigns as well as in Obama buying
his home -- and therefore, according to Corsi, Obama is
corrupt by ...www.ontheissues.org/Obama_Nation.htm ] Amidst the controversy of his wild
interview on the Alex Jones Show yesterday, actor Charlie Sheen wasted little
time in confronting President Barack Obama on his failure to answer Sheen’s
twenty questions concerning 9/11, calling Obama, “a coward in a cheap
suit.” A
Government Shut-down Imperils the Power of Congress Paul Craig
Roberts | Congress could try to protect its loss of the power of the
purse by impeaching Obama.
Drudgereport: WOBAMA
'IMPEACHMENT' WARNING... ...to
announce exploratory committee 'in 10 days' Globalist
Shill Barack Obama Asks Business Leaders For Job Creation Ideas Even As He
Ships More Of Our Jobs Overseas As Part Of The New One World Economy The
other day, Barack Obama summoned a group of business and labor leaders to the
White House and “challenged” them to come up with some great ideas for creating
more jobs inside the United States. Public
confidence in Obama reaches new low
(Washington Post). Six in 10 Americans lack faith in Obama and hold
lower esteem for members of Congress, according to the latest Washington
Post-ABC News poll. Such stats as this tend to typify scenarios as this where
you break every significant campaign
promise that got you elected, from endless war (ie., Afghanistan, etc.) to not
prosecuting the frauds on wall street, and the growing realization of
‘typical’: Public
confidence in Obama reaches new low
(Washington Post) Six in 10 Americans lack faith in Obama and hold lower
esteem for members of Congress, according to the latest Washington Post-ABC
News poll. Such stats as this tend to typify scenarios as this where you break
every significant campaign promise that
got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting
the frauds on wall street, and the growing realization of ‘typical’:
But still
it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The
following youtube video is well worth the look and explains how and why the
frauds on wall street have gotten away with their devastating fraud thus
far. The frauds on
wall street et als should be criminally prosecuted, jailed, fined, and
disgorgement imposed. ( UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL
RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v.
AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE
OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While
boner and barton are indeed jokes / vegetables that bespeak the single-digit
approval rate for congress, obama’s failure to deliver on promises with as
well, endless war spending despite defacto bankruptcy of the nation and a
watered down nothing financial regulation bill for talking points but little
substance, make him as big a joker, along with the dems. This well researched /
produced video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA
DECEPTION’ – well worth the view.
[ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama
Deception’ Censored A viral You Tube
upload of one of Alex Jones’ most popular feature films ‘The Obama Deception’
has been censored following a spur of the moment campaign to elevate the
movie’s title to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then
there is the well researched, produced, and informative ‘ESOTERIC AGENDA’ which
explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# For the Same Reason I’ve Included
Here a Web Site Archived FLV
Version of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Ellen Bente Oliver
‘Salary
of House/Senate...$174,000. Salary of Speaker of House...$223,500. Salary of
Majority/Minority Leaders...$193,400. Average US Salary...$33,000 to $77,000.
Maybe our elected officials should make an average salary too...It's a time of
sacrifice after all...Pass along, post on your own page if you agree…’
World's
richest are almost $1 trillion richer [ And the other 95% trillions
poorer. ]
Washington Post: Let us know what you think
Weigh in on the redesign, and share or recommend the new
washingtonpost.com.
You got to know I like the Post; and, it is your paper; and, it hasn't
been particularly good for my posting; and, you know I still like The
Washington Post; and, it is your paper; but, let me euphemistically say, you
did not help yourself with the changes (except as I surmise as a possible means
by which you conserve server / disk space).
There is nothing positive for me to add,
unfortunately. Again ... Your paper, your choice.
Al Peia
[I have been under constant barrage / hack / intrusions
which has my antivirus working overtime and flashing saves from a multitude of
threats. I think this particular thrust by what I reasonably suspect to be
paranoid american / israeli criminals / lunatics was probably affected
particularly by that blazing full ‘supermoon’, but continues when for now just
limited moments I’m logged into windows xp, literally a virus magnet/so-called
op system. I thereupon downloaded and installed linux / unbuntu 10.10 (most
recent) which also makes available an ‘installer’ (separate download, both free
from their official website - http://www.ubuntu.com/desktop/get-ubuntu/download ) that
facilitates essentially a dual boot (you may choose your operating system for
the session – windows or linux/ubuntu). Works like a charm and I strongly
recommend it. Microsoft’s a dyingosaur american monopoly company which is an
american tale and story of america as a pervasively corrupt, defacto bankrupt,
dying / declining nation.]
Select
Stocks Boost Markets: Dave's Daily [ Dave: '...Economic data focused on New Home
Sales which were down nearly 17% causing the Homebuilder ETF (XHB) to
rally. I kid you not! ...' ] 'As you must know, many major indices are price
weighted and the DJIA takes the lead in this regard. Six of the highest priced
stocks Wednesday (IBM, BA, CAT, DVX, MMM & UTX) provided most of the gains.
Stocks were lower most of the morning, but volume seemed light, offering an
opportunity for buyers to push prices higher. The theme for bulls was
reconstruction in Japan even though EWJ (iShares Japan ETF) finished the day
slightly lower. ETFs like XLB (SPDR Materials Sector ETF), SLX (Van Eck Steel
ETF) and XME (SPDR Metals & Miners) have the "stuff" needed for
reconstruction. Goldman Sachs CEO Lloyd ("I want me some more me!")
Blankfein was on the witness stand today. He confirmed director Rajat Gupta
violated "confidentiality" by tipping off hedge
fund trader Raj Rajaratnam regarding Buffett's investment in his company.
Also in the financial sector, the Fed announced it would not permit BAC to
payout a dividend post the recent ("covered-up") bank stress tests.
This rightly drove shares of many financial companies lower. Further, it should
drive taxpayer's nuts that a Fed "gag order" restricting disclosure
of stress test results exists. This is taxpayer money after all. Meanwhile,
speaking of the Fed we had two days of POMO
resulting in $15 billion in fire power for trading desks of Primary Dealers
including GS. The poor ADBE outlook lingered over tech but traders
always seem to find a way to discard bad news and shift focus elsewhere. Of
course, this can only be done so long. Economic data focused on New Home
Sales which were down nearly 17% causing the Homebuilder ETF (XHB) to
rally. I kid you not! Energy markets were higher despite higher inventories.
OPEC spokesmen stated Tuesday they're comfortable at $120. How about you? Gold
and silver hit fresh highs, while the euro dropped on Portugal, base metals
rallied and bonds were slightly lower. Volume was once again light while
breadth per the WSJ was unremarkable...'
3
Reasons to Exit the Market Now
Martchev 'NEW YORK (TheStreet) - A S&P 500 futures trader
once told me: "After a sharp sell-off, the bounce leading to a first kiss
of a 20-day moving average from below is a short sale." But, I had to ask,
"Why?" "That's how it is," he said with a typical New York
City assertiveness and did not elaborate. That very well may be "how it
is" for the unwritten trading rule to look to sell the S&P
500 Index near the 20-day moving average after a sharp sell-off, but I
still personally need to know the "why." Technical trading
has value, but simply looking at charts is not enough for me. So, I decided to
come up with some reasons behind why you should sell this particular rally.
No. 1: Oil
Prices are Surging
Oil is above $100 per barrel as the bombardment of Libya has started. A
missile already hit the Gaddafi residential compound -- "even though he is
not a specific target" -- which, if successful, would have likely
shortened the operation and brought a quicker resolution to the situation.
(Click here
for a related InvestorPlace.com article on investing
in 3 dangerous places.) While Gaddafi has halted his attack on Benghazi after
jet fighters attacked his troops directly, there is still plenty of fighting
elsewhere. It looks to me that the rebels will use the situation to regroup and
mount an offensive. In this situation, no foreign oil workers will return to
the country anytime soon, causing Libya to further cut oil production. In addition,
the situation in Yemen and Bahrain, both of which border Saudi Arabia, is
rapidly deteriorating. In this scenario, I recommend taking a look at the U.S.
Oil Fund(USO_)
(NYSE: USO). This ETF has pulled back along with the front-month futures it
tracks. Oil is likely headed higher in the short term, as all the factors that
caused it to go to $107 have deteriorated notably while the price is below that
level as of the time of this writing. There are liquid April, May and June
options on the USO that offer numerous strategies to play the upside. Naked
calls are the most risky, while any relevant option spreads will limit your
risk and your rewards. (Smart traders try to minimize risk; greedy ones try to
maximize the reward.)'
Money
Trouble Ahead: 15 Indications That Bad Times Are About To Hit The U.S. Economy 2011 is shaping up to be a really
bad year for the U.S. economy. There are all kinds of indications that big
trouble is ahead. So far financial markets are weathering all of the chaos
around the world fairly well, but just as there were huge flashing warning
signs before the 2008 financial crisis there are also huge flashing warning
signs now. The
American Dream
March 23, 2011
2011 is shaping up to be a really bad year for the U.S. economy. There
are all kinds of indications that big trouble is ahead. So far financial
markets are weathering all of the chaos around the world fairly well, but just
as there were huge flashing warning signs before the 2008 financial crisis
there are also huge flashing warning signs now. The price of oil is
soaring, the U.S. housing market is experiencing huge problems, the cost of living
in America recently hit a new record high and each week the globe seems to
become even more unstable. How much pounding can our fragile economic
system take before it completely collapses? As the price of oil goes even
higher, it is going to cause economic growth to slow down and it is going to
cause the prices of the things that we all buy at the stores to go up at the
same time. It is very likely that we are entering a period of
“stagflation” similar to what we experienced in the 1970s. This is going
to cause a huge amount of money trouble for millions of American
families. Already there are vast numbers of American families that are
barely making it every month. Tens of millions of Americans are already
receiving government assistance. So what is going to happen when the next
financial crash happens and we experience yet another major economic downturn?
The truth is that the financial system was never “fixed” after the crash
of 2008. If anything, it is more vulnerable today than it was back
then. Even as you read this, major imbalances are building up in the
global financial system, and at some point a “tipping point” will be reached.
Once that tipping point is reached, it will not be too long before the
U.S. economy experiences the next wave of economic problems. Perhaps we
will be fortunate and it will not be as bad as the 2008 crash. Perhaps
this next wave will be even worse than 2008 was. Only time will tell.
But all of the warning signs are there. The following are 15
indications that bad times are about to hit the U.S. economy….
#1 The price of
gasoline is about to cross the psychologically-important $4 a gallon threshold
in some areas of the United States. For example, the average price of
gasoline is now $3.977
in San Diego County and it is $3.955
in Riverside and San Bernardino counties.
#2 The price of oil
moved up close to the $105 mark by the end of the day today, and that means
that more gasoline price increases are likely on the horizon for American
consumers.
#3 In February, food
prices in the United States rose at the fastest rate in
36 years.
#4 According to the
U.S. Labor Department, the cost of living in the United States hit a
brand new all-time record high in the month of February.
#5 According to the
National Association of Realtors, sales of previously existing homes in the
United States dropped a
stunning 9.6 percent in February. The National Association of
Realtors also has announced that the median home price is the lowest it has
been in 9
years.
#6 The U.S. is
already in the midst of a real
estate crash that never seems to end, but many are warning that it is about
to get even worse. For example, prominent housing analyst Gary Shilling
is warning that U.S. housing prices are likely to drop another
20 percent.
#7 According to the
Mortgage Bankers Association, at
least 8 million Americans are at least one month behind on their mortgage
payments at this point.
#8 According to the
U.S. Census Bureau, the number of new building permits declined 20.5 percent in
February on a year over year basis. According to John Carney of CNBC, a
huge decline in building permits is usually an indication that a recession is
coming….
All nine recessions since 1959 have seen a year over year decline in
building permits. In eight of the last nine the annual rate of change hit
negative 20 percent or lower, and the economy went into a recession.
#9 31
percent of the homeowners that responded to a recent Rasmussen Reports
survey indicated that they are “underwater” on their mortgages.
#10 Millions of
American families are drowning in debt and debt collectors are becoming
increasingly aggressive. According to a new Federal Trade Commission
report, consumer complaints about debt collectors rose by
17 percent last year.
#11 Meredith Whitney
is warning that even though it may take longer than she originally projected,
we are still going to see a wave of municipal bond defaultsworth
hundreds of billions of dollars.
#12 The war in Libya
is putting upward pressure on the price of oil, it is yet another drain on U.S.
government finances, and it is raising tensions across the globe.
Vladimir Putin has called the NATO operation in Libya a “crusade” and
China is
calling for an immediate cease-fire. Financial markets do not like
instability of this nature.
#13 The rest of the
Middle East is melting down as well. More
than 40 demonstrators have been killed in Yemen and the president of that
country has declared a state of emergency. Government buildings are still
being set on fire in Egypt. Ivory Coast is in the midst of a full-blown
revolution, and there are ongoing protests in about a dozen other nations
across North Africa and the Middle East. This is really bad for global
economic stability.
#14 The damage from
the tsunami in Japan continues to affect more American Workers. GM has
just announced that they are going to temporarily
lay off workers at a Buffalo engine plant due to a shortage of parts from
Japan. When supply chains are going to get fully back to normal is
anyone’s guess. GM has also temporarily shut down a facility in
Shreveport, Louisiana due to supply problems.
#15 There continue to
be indications that the amount of radiation being released by the damaged
Fukushima Daiichi nuclear power plants is much higher than we have been led to
believe. The following is an excerpt from a recent report by
NHK World….
“Japan’s science ministry says radiation exceeding 400 times the normal
level was detected in soil about 40 kilometers from the troubled Fukushima
Daiichi nuclear power plant. The ministry surveyed radioactive substances in
soil about 5 centimeters below the surface at roadsides on Monday. The ministry
found 43,000 becquerels of radioactive iodine-131 per kilogram of soil, and
4,700 becquerels of radioactive cesium-137 per kilogram about 40 kilometers
west-northwest of the plant. Gunma University Professor Keigo Endo says
radiation released by the iodine is 430 times the level normally detected in
soil in Japan and that released by the cesium is 47 times the norm.”
400 times the normal level amount of radiation 40 kilometers from the
plant?
That is something that should be taken very seriously.
Sadly, radiation levels continue to rise throughout northern and central
Japan. If a significant amount of people have to be evacuated from Tokyo
at some point that is going to be absolutely devastating for the global
economy.
So what should Americans be doing? How can middle class families
weather the storm that is coming?
Well, one thing that can be done is to start saving
money and not spending it on frivolous things like new cars and
international vacations. Many Americans did not learn the lessons of 2008
and they are running around blowing money as if the good times will never come
to an end.
Also, now is a good time to get out of debt. Millions of American
families are literally drowning in
debt, and when the next financial crash comes it is the families that are
overextended that will be the most financially vulnerable.
When you see a storm coming, the prudent thing to do is to make
preparations. Most people believe what they want to believe, but anyone
that cannot see the economic storm clouds on the horizon at this point has got
to be pretty clueless.
Our entire economic system is slowly failing. Hopefully the folks
running things will be able to hold the economy together for a while longer,
but when you stop and think about who we have in charge, there are not many reasons
to be optimistic.
Their
pet goat (Washington Post) [ Oh come on! How can
Mr. Milbank defend the indefensible; viz., 'wobama the b' (for b*** s***). Not
that the gop is particularly credible … I mean aren't they the wimps on their
so-called 'budget plan' (Davis
‘… This is how we pay off our current debts and I think bondholders are simply
happy to get anything out of a country that admits it owes $15Tn (1/4 of global
GDP) but probably owes closer to $60Tn (entire global GDP) in the form of
unfunded liabilities. The funniest thing about this (and you have to laugh) is
to see Conservative pundits get on TV and talk about how we need to cut $100Bn
worth of discretionary spending to "fix" this (while continuing to
spend $1Tn on the military and $1Tn on tax cuts for the top 1% each year).
There is no fixing this and even a Republican said you can’t fool all of the
people all of the time. THIS HOUSE
OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT THERE! ‘
). That wobama is a failed president, there is no question. Yet, the gop's
'never saw a war / conflict they didn't like' for the sake of the military
industrial complex, war profiteers, israel, war criminals, the few, etc.,
despite the defacto bankruptcy of the nation is quite beyond the pale. ‘US
is broke, dollar down, yet policy is to divide & conquer’ RT | America is getting involved in
another long-term war, which will ruin its economy. US
Approaching Insolvency, Fix To Be ‘Painful’: Fisher CNBC | The United States is on a fiscal
path towards insolvency and policymakers are at a “tipping point,”. Kucinich:
War is a swamp, Obama Libya action unconstitutional Amid the ongoing coalitional
bombardment of Libya it turns out President Obama may have had no
constitutional authority for ordering US military involvement. Drudgereport: FED: US Approaching Insolvency... DEM LAWMAKER:
IMPEACH OBAMA.. ] The GOP takes Obama from tyrant to wimp in
one quick trip.
Cost
Of Libya War: $100 Million Dollars A Day With U.N.
coalition forces bombarding Libyan leader Muammar el-Qaddafi from the sea and
air, the United States’ part in the operation could ultimately hit several
billion dollars — and require the Pentagon to request emergency funding from
Congress to pay for it.
‘US
is broke, dollar down, yet policy is war’
Fox
News Contrives “Human Shield” Hoax To Sell Libya War Just as Bill Clinton’s bombardment
of Serbia was launched on the back of a humanitarian hoax about fake
concentration camps, establishment media outlets are already busy contriving
phony stories about Gaddafi using “human shields” to convince the American
people that the $100 million dollar a day attack on Libya is virtuous and
noble.
Economic
problems could cross Pacific (Washington Post) [ Could? Is this one
of those trick / 'understatement' statements / questions? You know … like … do
bears s*** in the woods?... is the Pope catholic? … etc.. Japanese
Meltdown Will Inhibit U.S. Recovery Hansen '…Immediately following an economic
disaster, there is dislocation. Modern supply chains are disrupted. Transport
is problematic. Like a tsunami, the inter-linkage of modern supply chains
ripple through all products. Japan is an exporting nation. There are products
made only in Japan, or disruption of production of a product where Japan is a
significant producer, or the need for Japan to import a product normally not
traded internationally. In other words, a ripple will go through availability
and prices - both positive and negative.The global supply chains will adapt and improvise.
What will go on inside Japan will be different.Japan will have lost forever six
nuclear power plants units. A loss of six nukes leaves a huge hole in a
nation's ability to produce energy. It will take many years to replace
permanently - and the short term solution is building conventional fossil power
plants. Manufacturing needs energy. But I fear energy may be a small component
of the fallout for this event. In the
short term, this is a true black swan event for investors. ...' Fears
over Japan impact grow (Washington Post) [ As
indeed they must, in keeping with some semblance of reality. ] Some analysts
predict the tragedy could dramatically disrupt the fragile global economic
recovery. [ You can bet that some bets already placed regarding Japan’s
prospective action in the markets; ie., buying or rolling over government
securities of such as the u.s.,
particularly, now fall under that foreboding platitude, ‘all bets are off’.
This is an economically / financially staggering event and found the stock
market rise of the last two days incomprehensible until I realized as set forth
immediately hereafter: ...' ] The earthquake in Japan has led to
some supply shortages in the automotive and electronics industries, and
analysts say the effect could be widespread.
What
They’re Covering Up at Fukushima Hirose Takashi | You get 3,500,000 the normal
dose. You call that safe?
Radionuclide
Blankets United States; Authorities Insist Levels Are Harmless Paul Joseph
Watson |
Radioactive Xenon 133 from stricken Fukushima nuclear plant will cover most of
the planet.
AT&T’s
lobbyists well positioned (Washington
Post) [ The ultimate regression. You'd
think that with all the negative fallout / consequences from unbridled k street
lobbying, that such a scenario as this could not be … yet in pervasively
corrupt, defacto bankrupt america, 'it is!'
… AT&T,
T-Mobile USA merger deal questioned (Washington Post) [ Questioned? Is that all?
att / sbc is a horribly managed company that can't even do the simplest things
well; ie., land lines and dsl thereby, my direct experience. We've seen this
all before. When they can't do, they go monopoly bigger with disasterous
results. This is an old story with a familiar ending.] A day after AT&T
announced it would buy T-Mobile USA to create the biggest wireless carrier in
the country, consumer advocates and some members of Congress blast the deal.
Merger
a disconnect for consumers (Washington Post) [ Yeah! True enough! I had to drop my land line (att/sbc –
jersey/bushland) which I kept for the public listing and which became
disfunctional / unusable to the point where it was impacting my DSL line; both
of which I dropped in favor of MagicJack (I recommend it) and Time Warner Cable
/ Internet (also better). Deal
to combine AT&T, T-Mobile raises questions (AP) [Questions? Is that all? att / sbc is a horribly managed
company that can't even do the simplest things well; ie., land lines and dsl
thereby, my direct experience. We've seen this all before. When they can't do,
they go monopoly bigger with disasterous results. This is an old story with a
familiar ending. AP - AT&T's
surprise announcement that it plans to acquire T-Mobile USA will force federal
regulators to confront a difficult antitrust question: Can American consumers
get good wireless service at a ... ] OPINION | Your
choice for wireless service would get smaller should AT&T carry out its
plan to buy T-Mobile USA. ] Firm confident it will win over
regulators to its bid to buy T-Mobile USA, even as critics continue to bash the
deal.
U.S.
appears closer to turning over command(Washington
Post) [ I can't precisely pinpoint
exactly when, but at some point, if not for the real tragedy and horrific
consequences, national / world events and particularly pervasively corrupt /
defacto bankrupt america's lead role in them became a comedy of errors, at
best. Working
to maintain Arab support
(Washington Post) [ Sounds like
a plan! … Riiiiight! … I just had to say this here … Doesn't gaddaffy (who
forgot to duck) bear a striking resemblance (now, not when he was younger) to
David Patterson, former governor of new york (no slight to David Patterson …
you've got to be at least a little blind to take an oath upholding law in
corrupt, fraudulent, sinkholes new york / mob infested jersey, and america,
generally. Mob's man cuomo? What's up with that (as per SNL's Thompson's bit)?
Or is it just SNL's Fred Armisen's impression of both that leads me to such a
conclusion. But this should help: US
Army ‘kill team’ in Afghanistan posed for photos of murdered civilians infowars.com Commanders in
Afghanistan are bracing themselves for possible riots and public fury triggered
by the publication of “trophy” photographs of US soldiers posing with the dead
bodies of defenseless Afghan civilians they killed … Russia
“Regrets Armed Action” Killing 48 in Libya Kurt Nimmo | In a statement issued today, Russian Foreign
Ministry spokesman Alexander
Lukashevich said 64 civilians were reported to have been killed and 150
wounded in air strikes on Libya. Lukashevich called on Britain, France and the
United States Sunday to stop air strikes on non-military targets.
Western
Air Strikes Kill 64 in Libya
[I have been under
constant barrage / hack / intrusions which has my antivirus working overtime
and flashing savesfrom a multitude of threats. I think this particular thrust
by what I reasonably suspect to be paranoid american / israeli criminals /
lunatics was probably affected particularly by that blazing full ‘supermoon’,
but continues when for now just limited moments I’m logged into windows xp,
literally a virus magnet/so-called op system. I thereupon downloaded and
installed linux / unbuntu 10.10 (most recent) which also makes available an
‘installer’ (separate download, both free from their official website-I will
provide the link I used next session http://www.ubuntu.com/desktop/get-ubuntu/download ) that facilitates essentially a dual
boot (you may choose your operating system for the session – windows or
linux/ubuntu). Works like a charm and I strongly recommend it. Microsoft’s a
dyingosaur american monopoly company which is an american tale and story of
america as a pervasively corrupt, defacto bankrupt, dying / declining nation.]
Gates’s
message (Washington
Post) [ Which one? And I don't mean
which gates. I mean which message? It's hard to keep up, especially if you have
a good memory and remember what the meaning of the word 'is', is. Candor? CIA
man gates? Are you just funnin' with us? Come on! Wake up! Oh wait … here's an
incisive statement you can take to the bank … Uncertain
outlook for Middle East: Gates [Sounds like a plan!] (Reuters) Overseas
official trips amidst crises (Washington Post) [ It’s really quite incredible indeed. It was the espn
basketball brackets that got me … so stereotypical … I mean what are they
thinking, or not. Riiiight! Not! Well, gates is gone and as a cia man, what he
says means absolutely nothing … they kind of pride themselves on that … On the
receiving end you gotta think they’re already checking air force one’s return
trip schedule hoping to ‘hold out’ and escape potential invasion themselves …
After all, what nation in the world can or does trust desperate, meaningfully
lawless, pervasively corrupt, defacto bankrupt america … oh yeah, maybe fellow
war crimes nation israel and orwellian, me-too old-biddy britain.… Gates's
warning: Avoid land war in Asia, Middle East, and Africa Christian
Science Monitor - In a
speech to cadets at the United States Military Academy at West Point, Gates's
message was clear: The US military services, as well as the elected and appointed
civilians who send them to war, need better ways of foreseeing and preparing
for ... Gates
Tells US Army to Take New Approach
Voice of America Warning Against
Wars Like Iraq and Afghanistan
New York Times [ Better said, than unsaid; but, methinks a
bit late for that in light of pervasively corrupt, defacto bankrupt america’s
consummate decline and fall! If only they had listened and not shot at the
messenger … things could have been different! ] ]As war clouds
gathered over Libya on Friday, the U.S. commander in chief and his defense secretary
were each preparing to leave Washington to visit places far removed from any
military operations. ] The defense secretary is a voice of candor on the Mideast.
[I have been under constant barrage / hack / intrusions
which has my antivirus working overtime and flashing savesfrom a multitude of
threats. I think this particular thrust by what I reasonably suspect to be
paranoid american / israeli criminals / lunatics was probably affected
particularly by that blazing full ‘supermoon’, but continues when for now just
limited moments I’m logged into windows xp, literally a virus magnet/so-called
op system. I thereupon downloaded and installed linux / unbuntu 10.10 (most
recent) which also makes available an ‘installer’ (separate download, both free
from their official website-I will provide the link I used next session) that
facilitates essentially a dual boot (you may choose your operating system for
the session – windows or linux/ubuntu). Works like a charm and I strongly
recommend it. Microsoft’s a dyingosaur american monopoly company which is an
american tale and story of america as a pervasively corrupt, defacto bankrupt,
dying / declining nation.]
I was somewhat nonplussed by the suckers’ market bounce those few days
but there was also that ‘shock and awe’ Libyan thing; and then, ‘Eureka!’ …
there it was, staring down for all to see … a blazing full moon. Yes, they have
such affects on lunatics as in pervasively corrupt, defacto bankrupt america et
als; but particularly on wall street, and it certainly doesn’t take much to
push the frauds on wall street over the edge and into their predisposed
fraudulent madness. In fact, you could say, ‘it’s in their genes’. This is the
grim economic reality
[ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s short-covering / suckers’ rally provides an
especially great opportunity to sell / take profits while you still can since
there's much worse to come! Looking Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
It might be wise to lighten up some into strength that may develop over the
next few days during the ‘monthly strength period.’ BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows
Global
Meltdown? [ Looks like … feels like … seems like … Yes, it is! A global
meltdown! ] Nyaradi ‘Global
meltdown. Scary words, indeed. However, as we look around our world, it
certainly does appear that a global meltdown is in progress…’
4
Phases of a Bear Market Meshkati NEW YORK (TheStreet)
-- 'Almost exactly one month ago, I described the 4 phases of a bull market
cycle. My reason for writing the article
was to warn market participants of the impending disaster that tends to strike
right around the time a certain class of investor (termed "phase 4"
investors) becomes involved in the financial markets...'
Deal
to combine AT&T, T-Mobile raises questions (AP) [Questions? Is that all? att / sbc is a horribly managed
company that can't even do the simplest things well; ie., land lines and dsl
thereby, my direct experience. We've seen this all before. When they can't do,
they go monopoly bigger with disasterous results. This is an old story with a
familiar ending. AP - AT&T's surprise announcement that it
plans to acquire T-Mobile USA will force federal regulators to confront a
difficult antitrust question: Can American consumers get good wireless service
at a ...
M&A,
Ben Resuscitate Bulls: Dave's Daily 'If
you can keep interest rates this low this long, its inevitable cheap financing
can allow companies to start cobbling each other up. Further Ben's policies
allow companies like IBM to sell bonds at 1% and buy back shares with the
proceeds. POMO is occurring almost daily and Primary Dealers can buy
back their shares and pay dividends with what essentially is taxpayer
money--nifty trick eh? With all the geopolitical and nuclear events going on
little noticed was Fed "stress tests" of financial institutions to
see if they were healthy enough to buy back shares and pay dividends. Making
the matter sinister and less transparent is their gag order on the entire
process. The Fed also has some toxic waste they'd like to sell you...'
Japanese
Meltdown Will Inhibit U.S. Recovery Hansen
Working
to maintain Arab support (Washington Post) [ Sounds like a plan! … Riiiiight! … I just had to say this here
… Doesn't gaddaffy (who forgot to duck) bear a striking resemblance (now, not
when he was younger) to David Patterson, former governor of new york (no slight
to David Patterson … you've got to be at least a little blind to take an oath
upholding law in corrupt, fraudulent, sinkholes new york / mob infested jersey,
and america, generally. Mob's man cuomo? What's up with that?)? Or is it just
SNL's Fred Armistan's impression of both that leads me to such a conclusion.
But this should help: US
Army ‘kill team’ in Afghanistan posed for photos of murdered civilians infowars.com Commanders
in Afghanistan are bracing themselves for possible riots and public fury
triggered by the publication of “trophy” photographs of US soldiers posing with
the dead bodies of defenseless Afghan civilians they killed … Russia
“Regrets Armed Action” Killing 48 in Libya Kurt Nimmo
| In a statement issued today, Russian
Foreign Ministry spokesman Alexander
Lukashevich said 64 civilians were reported to have
been killed and 150 wounded in air strikes on Libya. Lukashevich called on
Britain, France and the United States Sunday to stop air strikes on
non-military targets. 64 civilians reported killed, 150 wounded in the attacks.
[I have been under constant barrage / hack /
intrusions which has my antivirus working overtime and flashing saves from a
multitude of threats. I think this particular thrust by what I reasonably
suspect to be paranoid american / israeli criminals / lunatics is probably
affected particularly by this blazing full ‘supermoon’. I thereupon downloaded
and installed linux / ubuntu 10.10 (most recent) which also makes available an
‘installer’ (separate download) that facilitates essentially a dual boot (you
may choose your operating system for the session – windows or linux/ubuntu –
linux/ubuntu comes loaded with very functional software; ie., open office
suite, firefox web browser, etc.). Works like a charm and I strongly recommend
it. Microsoft’s a dyingosaur american monopoly company which is an american
tale and story of america as a pervasively corrupt, defacto bankrupt, dying /
declining nation.]
Fed
to name banks that took out emergency loans
(Washington Post) [Note the
skullduggery by the fed which taxpayers are and will further be paying for as
pointed out by Dave: M&A,
Ben Resuscitate Bulls: Dave's Daily 'If you can keep interest rates this low this long, its
inevitable cheap financing can allow companies to start cobbling each other up.
Further Ben's policies allow companies like IBM to sell bonds at 1% and buy
back shares with the proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary
Dealers can buy back their shares and pay dividends with what essentially is
taxpayer money--nifty trick eh? With all the geopolitical and nuclear events
going on little noticed was Fed "stress tests" of financial
institutions to see if they were healthy enough to buy back shares and pay
dividends. Making the matter sinister and less transparent is their gag order
on the entire process. The Fed also has some toxic waste they'd like to sell you… (see infra)’ Looking
Like A Good Time To Sell Into Strength - Harding ‘Many important
global stock markets, including China, Brazil, India and Hong Kong, have been
in fairly significant corrections since November, down between 12% and 17%.
Their major concerns have been rising inflation and the resulting monetary
tightening by their central banks to combat the inflationary pressures... It
might be wise to lighten up some into strength that may develop over the next
few days during the ‘monthly strength period.’ BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows ] The Federal
Reserve loses a court battle to keep the information private.
AT&T,
T-Mobile USA merger deal questioned (Washington Post) [ Questioned? Is that all?
att / sbc is a horribly managed company that can't even do the simplest things
well; ie., land lines and dsl thereby, my direct experience. We've seen this
all before. When they can't do, they go monopoly bigger with disasterous
results. This is an old story with a familiar ending.] A day after AT&T
announced it would buy T-Mobile USA to create the biggest wireless carrier in
the country, consumer advocates and some members of Congress blast the deal.
Merger
a disconnect for consumers (Washington Post) [ Yeah! True enough! I had to drop my land line (att/sbc –
jersey/bushland) which I kept for the public listing and which became
disfunctional / unusable to the point where it was impacting my DSL line; both
of which I dropped in favor of MagicJack (I recommend it) and Time Warner Cable
/ Internet (also better). Deal
to combine AT&T, T-Mobile raises questions (AP) [Questions? Is that all? att / sbc is a horribly managed
company that can't even do the simplest things well; ie., land lines and dsl
thereby, my direct experience. We've seen this all before. When they can't do,
they go monopoly bigger with disasterous results. This is an old story with a
familiar ending. AP - AT&T's
surprise announcement that it plans to acquire T-Mobile USA will force federal
regulators to confront a difficult antitrust question: Can American consumers get
good wireless service at a ... ] OPINION | Your choice for wireless service would get smaller
should AT&T carry out its plan to buy T-Mobile USA.
In
Libya, rifts open in NATO coalition
(Washington Post) [
Rift? Murky? New rifts? Sounds more like profound disappointment that a
feeding frenzy analogous to those BP oil eating bacteria in the gulf is not
imminent . After all, the so-called nato coalition, almost to a nation, is both
defacto bankrupt and oil-starved. ] Three days of heavy airstrikes highlight
the murky nature of the coalition involved in the effort.
Libya,
Hypocrisy and Betrayal by the United Nations: US-NATO’s New War in North Africa
of Death and Destruction Infowars.comThe
bombing of Libya will begin on or nearly to the day, of the eighth anniversary
of the beginning of the destruction of Iraq, 19th March, in Europe.
A
People Betrayed: West Launches New War for Oil in Libyainfowars.com And so now, another war. Led by the United States and the
religious extremists in Saudi Arabia, the UN Security Council voted to
intervene on behalf of one side in the Libyan civil war. Having already armed
and trained Moamar Gadafy’s armies and security forces, the Western
war-profiteers have now decided to do the same for his opponents.
[I have
been under constant barrage / hack / intrusions which has my antivirus working
overtime and flashing saves from a multitude of threats. I think this
particular thrust by what I reasonably suspect to be paranoid american /
israeli criminals / lunatics is probably affected particularly by this blazing
full ‘supermoon’. I thereupon downloaded and installed linux / ubuntu 10.10
(most recent) which also makes available an ‘installer’ (separate download)
that facilitates essentially a dual boot (you may choose your operating system
for the session – windows or linux/ubuntu – linux/ubuntu comes loaded with very
functional software; ie., open office suite, firefox web browser, etc.). Works
like a charm and I strongly recommend it. Microsoft’s a dyingosaur american
monopoly company which is an american tale and story of america as a
pervasively corrupt, defacto bankrupt, dying / declining nation.]
I was somewhat
nonplussed by the suckers’ market bounce these past two (now three) days, and
then, ‘Eureka!’ … there it was, staring down for all to see … a blazing full
moon. Yes, they have such affects on lunatics as on wall street and it
certainly doesn’t take much to push the frauds on wall street over the edge and
into their predisposed fraudulent madness. In fact, you could say, ‘it’s in
their genes’. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s short-covering / suckers’ rally provides an especially
great opportunity to sell / take profits while you still can since there's much
worse to come! M&A,
Ben Resuscitate Bulls: Dave's Daily 'If
you can keep interest rates this low this long, its inevitable cheap financing
can allow companies to start cobbling each other up. Further Ben's policies
allow companies like IBM to sell bonds at 1% and buy back shares with the
proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary Dealers can buy
back their shares and pay dividends with what essentially is taxpayer
money--nifty trick eh? With all the geopolitical and nuclear events going on
little noticed was Fed "stress tests" of financial institutions to
see if they were healthy enough to buy back shares and pay dividends. Making
the matter sinister and less transparent is their gag order on the entire
process. The Fed also has some toxic waste they'd like to sell you… (see infra)’ Looking Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
It might be wise to lighten up some into strength that may develop over the
next few days during the ‘monthly strength period.’ BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows
Global
Meltdown? [ Looks like … feels like … seems like … Yes, it is! A global
meltdown! ] Nyaradi ‘Global
meltdown. Scary words, indeed. However, as we look around our world, it
certainly does appear that a global meltdown is in progress.At Wall Street
Sector Selector, we are nearly fully positioned on the “short” side of global
markets and so were fortunate to have had a pleasant day, unlike so many
investors and citizens of our small world. I sincerely hope and pray that many
pleasant days lie ahead for the people of Japan, Bahrain and Libya.Of course,
the big news is in Japan, where the struggle to contain the potential of
nuclear meltdown goes on after the tsunami and earthquake. I can’t add much to
this discussion other than to say that from a human standpoint, we need to do
what we can to help our allies in their time of need.I travel often to Japan
and this is a modern Western country now without power and water and basic
essentials for many days, and to fully understand this unthinkable tragedy,
just try to imagine a 30 foot wall of water coming through your neighborhood,
entire neighborhoods and towns disappearing, followed by the threat of nuclear
catastrophe and no water and power for days on end during these cold early
spring nights.Aside from the human catastrophe, the economic toll of this event
will be felt for years. Some analysts estimate that Japan will have to import
an additional 200,000 barrels of oil per day to make up for the lost output of
the damaged nuclear plants, while insurance and GDP losses are only guestimates
at this early hour but will be surely significant. Across the globe, unrest
continues in the Middle East as Bahrain is under martial law, the Libyan
government continues to quell the revolution (while the United Nations dithers)
and Portugal’s credit rating is downgraded and totters again on the edge of
financial collapse. At home, Congress continues putting band aids on our
national budget deficit while home sales plunge to new lows…’
4
Phases of a Bear Market Meshkati NEW YORK (TheStreet)
-- 'Almost exactly one month ago, I described the 4 phases of a bull market
cycle. My reason for writing the article
was to warn market participants of the impending disaster that tends to strike
right around the time a certain class of investor (termed "phase 4"
investors) becomes involved in the financial markets...'
Deal
to combine AT&T, T-Mobile raises questions (AP) [Questions? Is that all? att / sbc is a horribly managed
company that can't even do the simplest things well; ie., land lines and dsl
thereby, my direct experience. We've seen this all before. When they can't do,
they go monopoly bigger with disasterous results. This is an old story with a
familiar ending. AP - AT&T's surprise announcement that it
plans to acquire T-Mobile USA will force federal regulators to confront a
difficult antitrust question: Can American consumers get good wireless service
at a ...
Overseas
official trips amidst crises
(Washington Post) [ It’s
really quite incredible indeed. It was the espn basketball brackets that got me
… so stereotypical … I mean what are they thinking, or not. Riiiight! Not!
Well, gates is gone and as a cia man, what he says means absolutely nothing …
they kind of pride themselves on that … On the receiving end you gotta think
they’re already checking air force one’s return trip schedule hoping to ‘hold
out’ and escape potential invasion themselves … After all, what nation in the
world can or does trust desperate, meaningfully lawless, pervasively corrupt,
defacto bankrupt america … oh yeah, maybe fellow war crimes nation israel and
orwellian, me-too old-biddy britain. ] As war
clouds gathered over Libya on Friday, the U.S. commander in chief and his
defense secretary were each preparing to leave Washington to visit places far
removed from any military operations.
Gaddafi’s
forces enter Benghazi as U.S., allies plan military action (Washington
Post) [ Ron
Paul: Libya Airstrikes Unconstitutional – Only Congress Can Declare War Infowars / Libya,
Hypocrisy and Betrayal by the United Nations: US-NATO’s New War in North Africa
of Death and Destruction The bombing of Libya will begin on or nearly to
the day, of the eighth anniversary of the beginning of the destruction of Iraq,
19th March, in Europe. A
People Betrayed: West Launches New War for Oil in Libya And so now, another
war. Led by the United States and the religious extremists in Saudi Arabia, the
UN Security Council voted to intervene on behalf of one side in the Libyan
civil war. Having already armed and trained Moamar Gadafy’s armies and security
forces, the Western war-profiteers have now decided to do the same for his
opponents.
Another
Illegal War Of Slaughter Couched In “Humanitarian” Doublespeak Those who
were asking what the “international community” planned to do in response to the
escalating global crisis surrounding the nuclear plant in Fukushima now have
their answer – bomb Libya. As if the world wasn’t experiencing enough turmoil
and devastation, another illegal war of aggression has been launched in a
volatile region, couched in the retching Orwellian doublespeak of ‘no fly
zones’ and ‘humanitarian’ rhetoric. ] Obama warns that Libyan leader
faces imminent military action unless troops withdraw from disputed cities, but
assaults on rebel-held towns continue.
Pressure
on nuclear regulators heats up in U.S. (Washington Post) [ You can bet that g.e. will be feeling some heat … and
the courts in Japan, unlike those in the pervasively corrupt u.s. where g.e.
would probably have their way regardless of merits, will be very
unsympathetic.] The Union of Concerned Scientists released a study
citing 14 “near-misses” at domestic plants last year.
Senators
call on Obama to join deficit reduction talks (Washington Post) [ I truly believe they have totally lost touch with
reality (Davis
‘… This is how we pay off our current debts and I think bondholders are
simply happy to get anything out of a country that admits it owes $15Tn (1/4 of
global GDP) but probably owes closer to $60Tn (entire global GDP) in the form
of unfunded liabilities. The funniest thing about this (and you have to laugh)
is to see Conservative pundits get on TV and talk about how we need to cut
$100Bn worth of discretionary spending to "fix" this (while
continuing to spend $1Tn on the military and $1Tn on tax cuts for the top 1%
each year). Furthermore, I think they
substantially underestimate the ‘geese and gander’ effect (ie., Ellen
Bente Oliver ‘Salary of
House/Senate...$174,000. Salary of Speaker of House...$223,500. Salary of
Majority/Minority Leaders...$193,400. Average US Salary...$33,000 to $77,000.
Maybe our elected officials should make an average salary too...It's a time of
sacrifice after all...Pass along, post on your own page if you agree…’). Fears
over Japan impact grow (Washington Post) [ As
indeed they must, in keeping with some semblance of reality. ] Some analysts predict the tragedy
could dramatically disrupt the fragile global economic recovery. [
You can bet that some bets already placed regarding Japan’s prospective
action in the markets; ie., buying or rolling over government securities
of such as the u.s., particularly, now
fall under that foreboding platitude, ‘all bets are off’. This is an
economically / financially staggering event and found the stock market rise of
the last two days incomprehensible until I realized as set forth immediately
hereafter: I was somewhat
nonplussed by the suckers’ market bounce these past two days, and then,
‘Eureka!’ … there it was, staring down for all to see … a blazing full moon.
Yes, they have such affects on lunatics as on wall street and it certainly
doesn’t take much to push the frauds on wall street over the edge and into
their predisposed fraudulent madness. In fact, you could say, ‘it’s in their
genes’. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s short-covering / suckers’ rally provides an
especially great opportunity to sell / take profits while you still can since
there's much worse to come! ] The act is a powerful sign of bipartisan
willingness to abandon long-held positions on entitlement spending and taxes.
Fears
over Japan impact grow (Washington Post) [ As
indeed they must, in keeping with some semblance of reality. ] Some analysts predict the tragedy
could dramatically disrupt the fragile global economic recovery. [
You can bet that some bets already placed regarding Japan’s prospective
action in the markets; ie., buying or rolling over government securities
of such as the u.s., particularly, now
fall under that foreboding platitude, ‘all bets are off’. This is an
economically / financially staggering event and found the stock market rise of
the last two days incomprehensible until I realized as set forth immediately
hereafter:
I was somewhat
nonplussed by the suckers’ market bounce these past two days, and then,
‘Eureka!’ … there it was, staring down for all to see … a blazing full moon.
Yes, they have such affects on lunatics as on wall street and it certainly
doesn’t take much to push the frauds on wall street over the edge and into
their predisposed fraudulent madness. In fact, you could say, ‘it’s in their
genes’. This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s short-covering / suckers’ rally provides an
especially great opportunity to sell / take profits while you still can since
there's much worse to come! Looking Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
It might be wise to lighten up some into strength that may develop over the
next few days during the ‘monthly strength period.’ BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows
Helen
Thomas to Playboy: Jews 'own the White House'
Helen Thomas is not sorry, nor were the comments that
ended her career accidental.
“I knew exactly what I was doing – I was going for
broke,” she told Playboy in the magazine’s April interview. “I had reached the
point of no return. You finally get fed up … I finally wanted to speak the
truth.”
Thomas, of course, left
her perch as the dean of the White House press corps last year after
telling a rabbi and blogger that Jews should “get the hell out of Palestine”
and “go home” to “Poland, Germany and America and everywhere else.” Her family
is Lebanese and she grew up in the Detroit area, home to one of the country’s
densest populations of Arab Americans.
She spoke to Playboy
at length about the situation in Palestine, her feelings on American support of
Israel, and her take on Jews.
But her most controversial comments echoed ones she’s
made before about the influence of Jews in American life, which have
contributed to her name being stripped
from journalism awards.
"[The Jews are] using their power, and they have
power in every direction,” she told Playboy. “Power over the White House, power
over Congress … Everybody is in the pocket of the Israeli lobbies, which are
funded by wealthy supporters, including those from Hollywood. Same thing with
the financial markets. There's total control … It isn't the 2 percent. It's
real power when you own the White House, when you own these other places in
terms of your political persuasion. Of course they have power. [To the
interviewer] You don't deny that. You're Jewish, aren't you?"
She also had some controversial views about
memorializing the Holocaust.
"There's nothing wrong with remembering it, but why do we have to constantly remember?" she said. "We're not at fault. I mean, if they're going to put a Holocaust museum in every city in Germany, that's fine with me. But we didn't do this to the Jews. Why do we have to keep paying the price and why do they keep oppressing the Palestinians? Do the Jews ever look at themselves? Why are they always right? Because they have been oppressed throughout history, I know. And they have this persecution. That's true, but they shouldn't use that to dominate."
New
York Times to charge for access (Washington Post) [ They’re dreamin’. Who’d
be dumb enough to pay for regurgitated, filtered news? ] Some users soon have to pay for Web and
mobile access.
G-7
to intervene in currency markets (Washington Post) [ Well there you go …
nothing to worry about … now that the G7 is intervening … riiiiight! After all,
their track record has been surperlative in precipitating this global meltdown
(see infra). ] Major industrialized nations will combine in a rare coordinated
currency intervention to keep the Japanese yen from rising too sharply in value
in the wake of the country’s recent natural disaster.
This is the grim economic
reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s short-covering / suckers’ rally provides an
especially great opportunity to sell / take profits while you still can since
there's much worse to come! Looking Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
It might be wise to lighten up some into strength that may develop over the
next few days during the ‘monthly strength period.’ BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows
Nuclear
emergency could last for weeks, U.S. official warns (Washington Post) [ I
must say, and it brings me no joy to say it, but for those looking for some silver lining in all this as the
‘glass-half-full’ perma-bulls have been intimating as the markets rose; well,
they’re just dreaming. Japan’s economy, though better than that of defacto
bankrupt america’s, was already in the tank, particularly looking forward.
Indeed, you could cut current level stock prices in half and still be
over-valued inasmuch as this is far more serious in terms of prospective
impacts than is being peddled by the pundits. Poor g.e. … like Lucy, they got a
‘lotta splainin’ to do. ] As Japan
sprays stricken reactor with tons of water from helicopters and water cannons, the
U.S. warns of a long crisis. | Rick Maese and Rob Stein, 9:47 p.m.
Fantasy?
You should be on wall street! U.S.
stocks rise (Washington Post) (on b*** s***
alone) [ This is the grim economic
reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s short-covering / suckers’ rally provides an
especially great opportunity to sell / take profits while you still can since
there's much worse to come! Looking Like A Good Time To Sell Into Strength – Harding ]
Investors speculate
U.N.
approves ‘all necessary measures,’ including no-fly zone, to protect Libyans (Washington
Post) [ The u.n. has spoken … just not to israel lately … Hamas says Israeli fighter jets bomb facility in Gaza, killing
2 Palestinians [ War crimes nation israel keeping america looking
bad in the Mideast, when defacto bankrupt america can least afford it. ] Washington Post - GAZA CITY,
Gaza Strip - Israeli fighter jets pummeled a Hamas security facility in the
Gaza Strip on Wednesday, killing two Palestinian civilians / freedom fighters
and wounding four, officials in the Palesinian coastal ... Two
killed in Israeli air strike on Hamas compound in Gaza Jerusalem
Post Palestinians: Three killed in Israel air strike on Gaza Ha'aretz ] The resolution, passed 10 to 0 with 5
abstentions, opens the door to air and naval attacks against the forces of
leader Moammar Gaddafi as he vowed to level the city of Benghazi, the last
major rebel stronghold.
Neo-Libs
Rejoice As UN Declares War On Libya Neo-libs everywhere are rejoicing.
Remember – war is evil unless it’s sprinkled with the magic pixie dust of UN
endorsement and “humanitarian” rhetoric, in which case the dead bodies, the
terror, and the screaming children are all worth it. The fact that Libya is the
richest oil nation on the entire African continent is a mere coincidence. Go
back to sleep – basketball is on the TV. Soon you’ll be able to crack open a 6
pack and enjoy the air strikes like you would a Dwyane Wade slam dunk.
VIDEO:
EU Naval Forces Fight Piracy off Somali Coast [ Yeah! With all their
nation-bankrupting, self-defeating, wasteful, adventuring, warring for no good
reason in Afghanistan, etc., I have been at a loss to understand why they are
not blasting the skinnies out of the water, along with bombing the
skinny-places of refuge! ]
This is the grim economic
reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone and today’s short-covering / suckers’ rally provides an
especially great opportunity to sell / take profits while you still can since
there's much worse to come! Looking Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
It might be wise to lighten up some into strength that may develop over the
next few days during the ‘monthly strength period.’ BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows
Global
Meltdown? [ Looks like … feels like … seems like … Yes, it is! A global
meltdown! ] Nyaradi ‘Global
meltdown.Scary words, indeed. However, as we look around our world, it
certainly does appear that a global meltdown is in progress.At Wall Street
Sector Selector, we are nearly fully positioned on the “short” side of global
markets and so were fortunate to have had a pleasant day, unlike so many
investors and citizens of our small world. I sincerely hope and pray that many
pleasant days lie ahead for the people of Japan, Bahrain and Libya.Of course,
the big news is in Japan, where the struggle to contain the potential of
nuclear meltdown goes on after the tsunami and earthquake. I can’t add much to
this discussion other than to say that from a human standpoint, we need to do
what we can to help our allies in their time of need.I travel often to Japan
and this is a modern Western country now without power and water and basic
essentials for many days, and to fully understand this unthinkable tragedy,
just try to imagine a 30 foot wall of water coming through your neighborhood,
entire neighborhoods and towns disappearing, followed by the threat of nuclear
catastrophe and no water and power for days on end during these cold early
spring nights.Aside from the human catastrophe, the economic toll of this event
will be felt for years. Some analysts estimate that Japan will have to import
an additional 200,000 barrels of oil per day to make up for the lost output of
the damaged nuclear plants, while insurance and GDP losses are only guestimates
at this early hour but will be surely significant.Across the globe, unrest
continues in the Middle East as Bahrain is under martial law, the Libyan
government continues to quell the revolution (while the United Nations dithers)
and Portugal’s credit rating is downgraded and totters again on the edge of
financial collapse. At home, Congress continues putting band aids on our
national budget deficit while home sales plunge to new lows…’
[video]
Market Rallies on Oil [ Yeah … riiiiight … that’s bullish … keep the inflation
comin’ … talk about inmates running the asylum! ]
27
Signs That The Nuclear Crisis In Japan Is Much Worse Than Either The Mainstream
Media Or The Japanese Government Have Been Telling Us How much of a threat
is the nuclear crisis in Japan? That question is on the minds of millions of
people around the globe tonight. The Economic Collapse March 16, 2011
How much of a threat is the nuclear crisis in
Japan? That question is on the minds of
millions of people around the globe tonight.
Unfortunately, the Japanese government and the mainstream media have
both been doing their best to downplay this crisis. Even though there have been massive explosions at the Fukushima
Dai-ichi nuclear facility, authorities in Japan have still been very stingy
with information and they keep insisting that the situation is under
control. But the situation is not under
control. In fact, it just seems to get
worse with each passing day. Radiation
levels are now incredibly high at the Fukushima Dai-ichi complex and the
radiation cloud is starting to spread.
Radiation levels in Tokyo are already 10 times above normal levels, and
there are reports in the international media that some people have begun to
flee the city. It is imperative that
the Japanese government tell the truth about what is going on because this
could potentially affect the health of millions of people. There are over 12 million people in the city
of Tokyo alone. If this nuclear crisis
continues to get worse it could potentially end up killing more Japanese than
the tsunami just did.
Yes, things really are that serious.
We are not just talking about a repeat of Chernobyl.
We are possibly talking about “many Chernobyls”.
It is somewhat understandable that the Japanese
government and the mainstream media do not want to panic the public, but the
reality is that people need the truth about what is going on.
Unfortunately, it is not likely that the Japanese
government or the mainstream media are going to “change their stripes”
overnight, so in order to try to get an idea of what is really going on we need
to look at the clues.
Sometimes it is much more important to watch what
people are doing rather than what they are saying.
For example, a significant number of foreign
governments are now evacuating personnel from Tokyo.
Why would they be evacuating if there was no threat?
Posted below are 27 signs that the nuclear crisis in
Japan is much worse than either the mainstream media or the Japanese government
have been telling us. When you take all
of these clues and you put them together it really does paint a frightening
picture….
#1 Japanese Prime Minister Naoto Kan is urging all
people living within 30 kilometers of the Fukushima Dai-ichi nuclear facility
to stay indoors.
#2 Andre-Claude Lacoste, the head of France’s Nuclear
Safety Authority, says that the containment vessel surrounding the No. 2
reactor at Japan’s Fukushima Dai-ichi nuclear complex is “no longer sealed“.
#3 Radiation levels in Tokyo are already 10 times
above normal levels.
#4 Reuters is reporting that some residents of Tokyo
are already starting to flee the city.
#5 Radiation levels in one city north of Tokyo,
Utsunomiya, were recently reported to be 33 times above normal levels.
#6 Radiation levels in the city of Saitama have been
reported to be 40 timesabove normal levels.
#7 According to Japanese Prime Minister Naoto Kan,
the “possibility of further radioactive leakage is heightening.”
#8 The Japanese government is admitting that
radiation levels near the Fukushima Dai-ichi complex are very harmful to human
health.
#9 According to the World Nuclear Association,
exposure to over 100 millisieverts of radiation a year can lead to cancer. At this point the level of radiation being
measured right outside the number 4 reactor at the Fukushima Dai-ichi complex
is 400 millisieverts per hour.
#10 A U.S. Navy crew that was assisting in relief
efforts was exposed to a month’s worth of nuclear radiation in just a single
hour.
#11 According to the U.S. Navy, low levels of
radiation have been detectedat their bases in Yokosuka and Atsugi.
#12 The USS Ronald Reagan recently detected
significant levels of radiation 100 miles off the Japanese coast.
#13 The operator of the Fukushima Dai-ichi complex
has pulled out 750 of the 800 workers that were working at the facility.
#14 The French embassy in Tokyo is advising French
citizens to leave the city.
#15 The German embassy in Tokyo is advising all
German citizens to leave the country entirely.
#16 German technology company SAP is evacuating their
offices in Tokyo.
#17 Austria has announced that it is moving its
embassy from Tokyo to Osaka due to fears about the radiation.
#18 Finland is urging all of their citizens to leave
Tokyo.
#19 The Czech military is sending planes to Japan
specifically to evacuate the Czech Philharmonic Orchestra.
#20 Air China is canceling many flights to Tokyo.
#21 The Chinese Embassy has announced that it will be
evacuating all Chinese citizens from the Miyagi, Fukushima, Ibaraki and Iwate
prefectures.
#22 Russia is making preparations to evacuate
civilians and military unitsfrom the Kuril Islands.
#23 Physicist Frank von Hippel recently told the New
York Times the following about this disaster: “It’s way past Three Mile Island
already”.
#24 The president of France’s nuclear safety authority
says that this crisis is now almost as bad as Chernobyl was….
“It’s
clear we are at Level 6, that’s to say we’re at a level in between what
happened at Three Mile Island and Chernobyl.”
#25 There have been reports of extremely high
radiation at another nuclear facility in Japan. It has been reported that at the Onagawa nuclear plant radiation
that is 700 times the normal level was detected at one point.
#26 One anonymous senior nuclear industry executive
told The Times Of India that Japanese power industry managers are “basically in
a full-scale panic” and that “they don’t know what to do”.
#27 It is also being reported that there were over
600,000 spent fuel rodsstored at the Fukushima Dai-ichi complex. Most of these rods were apparently stored
near the top of the 6 reactor buildings.
There have already been major explosions at three of those
buildings. It is now feared that there
is now nothing to prevent many of these spent fuel rods from releasing
radiation into the atmosphere. That is
really, really bad news.
So is there a threat that nuclear radiation from
Japan could reach the United States?
Well, actually everyone agrees that radiation could
reach the United States. The
controversy is whether or not it will be enough to be harmful to human health.
The Nuclear Regulatory Commission is admitting that
it is “quite possible” that nuclear fallout from this disaster could reach the
United States. In fact, Nuclear
Regulatory Commission spokesman David McIntyre says that there could already be
radiation from Japan over America….
Right now
it’s quite possible that there could be some radiation floating over the United
States.
But most government officials in the U.S. are
insisting that there is “no threat” to the health of American citizens from
this crisis at this point.
So how would nuclear radiation from Japan get
transported to the United States?
Well, if radiation released by a damaged nuclear
reactor got up into the jet stream, the first major land mass that it would
encounter would be North America. In
fact, the jet stream commonly takes air from over Japan directly over the west
coast of the United States. The
following video demonstrates this fact beautifully….
So is there any reason for those of us living in the
United States to be concerned?
According to the Japanese government, the U.S.
government and the mainstream media there is not.
But do you believe them?
The truth is that they seem much more concerned with
keeping the public calm rather than telling the public the truth.
Radiation levels are increasing all over northern and
central Japan. People are starting to
leave Tokyo and other major cities in the region. Foreign governments are evacuating personnel. Fires continue to erupt at the Fukushima
Dai-ichi complex. The authorities in
Japan seem to have no idea how to solve this crisis.
If even one of those damaged nuclear reactors fully
melts down it is going to be a complete and total nightmare. If you live in an area that could
potentially be affected by nuclear radiation from Japan you might want to start
figuring out how you and your family are going to handle this crisis’
Hamas says Israeli fighter jets bomb facility in Gaza, killing
2 Palestinians [ War crimes nation israel keeping america looking
bad in the Mideast, when defacto bankrupt america can least afford it. ] Washington Post - GAZA CITY,
Gaza Strip - Israeli fighter jets pummeled a Hamas security facility in the
Gaza Strip on Wednesday, killing two Palestinian civilians / freedom fighters
and wounding four, officials in the Palesinian coastal ... Two
killed in Israeli air strike on Hamas compound in Gaza Jerusalem
Post Palestinians: Three killed in Israel air strike on Gaza Ha'aretz
VIDEO:
EU Naval Forces Fight Piracy off Somali Coast [ Yeah! With all their
nation-bankrupting, self-defeating, wasteful, adventuring, warring for no good
reason in Afghanistan, etc., I have been at a loss to understand why they are
not blasting the skinnies out of the water, along with bombing the
skinny-places of refuge! ]
Drudgereport: UN AUTHORIZES MILITARY
STRIKES ON LIBYA...
HILLARY'S WAR
Strikes Could Come
Within Hours...
'ALL NECESSARY MEASURES'...
THE BOOT: Sorties from
Italy...
Canada on the march...
GADDAFI: 'WE ARE COMING
TONIGHT'...
'THERE WON'T BE ANY MERCY'...
Japan's increasingly frantic
efforts at nuke plant...
'Like suicide
fighters in a war'...
Mayor of town near nuke:
'They're leaving us to die'...
DESPAIR TURNING TO ANGER...
'We're Very Close Now to the
Point of No Return'...
U.S. Officials Alarmed By
Japanese Handling of Crisis...
Life Among the Ruins...
AP... BBC... KYODO...
NHK... REUTERS...
US, JAPAN SPLIT ON NUKE
DANGER
Debt Jumps $72B Same Day
House Votes to Cut Spending $6B...
Tiny tim geithner to
Congress: More Debt, Please...
OBAMA SETS WEEKEND IN RIO!
Family will take in the
sights...
SPRING BREAK: Obama the
invisible; Anti-leadership amid world crises … [ wobama’s presidency is over,
he should be impeached / removed from office ! ] ...
VIDEO: T_rump Says He'll
Spend $600 Million on Prez Run… dreamin’, schemin’, to no avail … even this
mobster’s bribes couldn’t put him over the top … he’s a joke, a
lightweight, and a loser! And, from the
nation’s foremost drains / sinkholes, corrupt / mob infested new york / new
jersey (he and his corrupt sister judge maryanne should be in jail – Jerry
Springer would make a more serious candidate, and that also would be a joke;
but at least Springer pioneered that mindless entertainment genre and is
intelligent.)...
RACE TO SAVE CORE...
(Washington Post) [ Comments COMMENTS ARE CLOSED WHILE WE UPGRADE OUR SYSTEMS ]
Dana Milbank In state
legislatures, Tea Partyers take democracy to absurd lengths. (Washington Post)
[ I love to pick on Mr. Milbank … we’re so … ‘opposite’.
‘Louis Brandeis’? As they say on Saturday Night Live, ‘What’s up with that,
what’s up with that’. I concede he was a brilliant jurist (my personal favorite
was Holmes, especially Holmes’ discussion of the law as providing
foreseeability of consequences to actions, ie., threatening to do what one
legally can do which enables the other party to avoid such consequences, etc..
– Boy, did he get that wrong with pervasively corrupt, defacto bankrupt ‘modern
america’ where meaningfully lawlessness reigns supreme (see, ie., RICO case [ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
] ). Yet Brandeis’ powers of foresight were sorely lacking [ Upon completion of
his first semester exams he was packing his bags to leave (I think harvard)
certain he had failed out. In fact, he ‘aced’ them all. (I can empathize with
that feeling which unlike anytime after a test I felt after the 3 day bar exam.
I felt drained and ‘certain’ I had failed. In fact, I scored so high on the
multi-state that my ‘jersey part’ of the exam became irrelevant (how prescient
a circumstance). ] Laboratory?... I don’t think so … unless you’re talking of
that of Dr. Frankenstein himself.
2chambers:
McConnell, McCain draw the line (Washington Post) [ mccain
recently said that if he had been elected president, defacto bankrupt america
would be fighting 3 wars. Talk about a race to the ‘bottom’. Earth to mccain …
that’s why you weren’t elected (mccain’s a loser, from wrestler, to downed
pilot, to songbird pow, to keating 5 man who should have gone to jail, etc.;
although wobama the b (for b*** s***), despite promises to the contrary, has
been no better; viz., maybe 2 and a half wars despite the nation’s defacto
bankruptcy. Never trust a *********** Go ahead, fill it in … whatever comes to mind … don’t
feel guilty, his presidency’s done! Obama Laments He’s Not President Of Communist China [
Time to relieve wobama the b’ (for b*** s***) of his burden by impeaching /
removing him from office without delay! He may not have been the first black
president (Clinton is generally considered the first black president by blacks
and whites alike, a moniker Clinton accepted and wore proudly – that 18% vote),
but he is certainly the last!
Drudgereport: City Lowers Police Testing
Standards Because Not Enough Blacks Passed... Under pressure from Obama
administration... Illinois mayor says Obama
still owes city $55,457...
Obama to party with
Washington reporters... Golf in the afternoon... ] Weekly
Standard | “Mr. Obama has
told people that it would be so much easier to be the president of China.” Dave’s Daily: ‘…Where is the president? This has been a universal question raised by
both right and left. Obama appeared on ESPN to go over his NCAA basketball
bracket, is hosting a $30K a plate fund raiser in Harlem and heads this weekend
to Rio. The president's disconnect is beyond belief and his ears have turned to
tin…’ Obama Plays While Japan Begs for Help [ ‘Wobama the b’ (for b*** s***) is a
typical ‘***************’ … Go ahead, fill it in … whatever comes to mind …
don’t feel guilty, he’s already a failed president who should be impeached /
removed from office without delay and a total incompetent and fraud. ] Watson/Jones | With the world on fire, the President goes AWOL
again … ’ Financialization
and Our Increasingly Unstable Economy Roche ‘I finally got around to seeing
the movie Inside Job, the story behind the credit crisis and winner of the
Academy Award for best documentary. It’s very good and I highly recommend it to
anyone who hasn’t seen it. It will certainly infuriate you. The movie doesn’t
place nearly enough blame on homeowners, but all in all it does an excellent
job of showing how Wall Street and government have become overrun by
deregulation and sheer greed. A combination of flawed economic theory and greed
have combined to create the beast that we now call a “functioning” economy. The
worst part of it all is that President Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place. ]
Is
the Bear Market Back? [ The bear market never left … This has been a manipulated bubble-bull
cycle in this secular bear market based on b*** s*** alone and hence, is an
especially great opportunity to sell / take profits while you can since there's
much worse to come! ] Michaud ‘Financial Markets at Critical
Junctures’ (see infra)
U.S.
Stocks in Red, Though Markets Cut Early Losses Amid Fed Optimism [ Fed optimism? You mean ‘fed b*** s*** ‘!
Yes, we’re spoon fed ‘fed b*** s*** ‘.
The same ‘no-recession’ b*** s*** that wall street frauds are made of
and thrive on. What do you expect them to say? After all, it’s the fed’s
incompetence, complicity and wall street’s greed, fraud! ]
Midnight Trader (see infra)
The sad, hypocritical retirement of Evan Bayh Klein
(Washington Post) [ What’s so sad about it? Maybe only that the entire congress
hasn’t stepped down with him, along with ‘wobama the b’ and the rest of his
executive branch except law enforcement, and that other so-called judicial
branch of plushly accoutered lifetime appointees. After all, someone must bear
responsibility for the pervasively corrupt, defacto bankrupt state of the
nation. If not them, then who. In the figurative (and I mean figurative not
literal) sense, we should all burst out with that familiar refrain from
‘Another one bites the dust’.]
Obama Laments He’s Not President Of Communist China [
Time to relieve wobama the b’ (for b*** s***) of his burden by impeaching /
removing him from office without delay! He may not have been the first black
president (Clinton is generally considered the first black president by blacks
and whites alike, a moniker Clinton accepted and wore proudly – that 18% vote),
but he is certainly the last!
Drudgereport: City Lowers Police Testing
Standards Because Not Enough Blacks Passed... Under pressure from Obama
administration... Illinois mayor says Obama
still owes city $55,457...
Obama to party with
Washington reporters...
Golf in the afternoon... ] Weekly Standard | “Mr. Obama has told people that
it would be so much easier to be the president of China.” Dave’s Daily: ‘…Where is the president? This has been a universal question raised by
both right and left. Obama appeared on ESPN to go over his NCAA basketball
bracket, is hosting a $30K a plate fund raiser in Harlem and heads this weekend
to Rio. The president's disconnect is beyond belief and his ears have turned to
tin…’ Obama Plays While Japan Begs for Help [ ‘Wobama the b’ (for b*** s***) is a
typical ‘***************’ … Go ahead, fill it in … whatever comes to mind …
don’t feel guilty, he’s already a failed president who should be impeached /
removed from office without delay and a total incompetent and fraud. ] Paul Joseph Watson & Alex Jones | With
the world on fire, the President goes AWOL again … ’ Financialization
and Our Increasingly Unstable Economy Roche ‘I finally got around to seeing
the movie Inside Job, the story behind the credit crisis and winner of the
Academy Award for best documentary. It’s very good and I highly recommend it to
anyone who hasn’t seen it. It will certainly infuriate you. The movie doesn’t
place nearly enough blame on homeowners, but all in all it does an excellent job
of showing how Wall Street and government have become overrun by deregulation
and sheer greed. A combination of flawed economic theory and greed have
combined to create the beast that we now call a “functioning” economy. The
worst part of it all is that President Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place. …’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billiions from the fraud ), the commentator / experts
recommend getting rid of the corrupt eric holder ( now what do holder and
wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
] Former general counsel inherited part of a Bernard Madoff
account.
Ethics
code urged for Supreme Court
(Washington Post) [
Sounds like a plan! Come on! Wake up! After all, what can you expect
from two guidos from ‘jersey (alito and scalia, colloquial – note that I have
refrained from using what some might consider disparaging terms as w*p*,
gui***s, or da***s … and let me state for the record that I truly loved and
respected my grandmother who was 100% Italian/Bari,Italy and as well my
grandfather/Lake Como,northern Italy with greek ancestral roots and I thereby
claim standing/right to posit the criticism in light of my direct experience.
). How ‘bout starting with enforcing laws as to judges, liars, etc., within the
very corrupted american illegal system; and, particularly bribes which in one
form or another are rampant . I don’t know about Thomas ( 3-4-11 Throw Clarence Thomas Off the Bench (The Daily Beast) ) , but I do know about alito and ‘jersey … :
October 15, 2010
(*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention
of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that
prosecuted gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he
predicated a retaliatory and spurious contempt proceeding against me causing
substantial damage, and for which he sought Judicial Notice of those and
related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally
refused to join or file a separate motion to recuse and not long
thereafter left said office for private practice at Cole, Shotz, et als on
retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents,
affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes
in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan
Lacey with whom I met personally at the U.S. Attorney’s Office in Newark,
N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is
also corrupt (and maybe corrupt because he is inept). After a reasonable
(but still rather short) time I called to determine the status and was
told that Alito was no longer with the Office of the U.S. Attorney, that
he was (appointed) a federal judge, and that neither the documents nor any
file or record of same could be located. Alito did parley the same /
cover-up into quid pro quo direct lifetime appointment to the Court of Appeals,
3rd circuit, despite the absence of judicial experience or
successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is
the same Sam Alito that now sits on the purported highest court in the
land. The real application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the meaningful
rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
] Group of law
professors' appeal comes after controversies involving travel and appearances
at political events by several justices.
Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video on the economic / financial collapse from Stansberry and
Associates is so well researched and
succinctly presented that I’ve archived
same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which I believe to be correct. This is a must-view,
must-see that I strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ( 146mb – approx. 1 hr. 17 min. ) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 (
374mb ) Written text of presentation (without
pictures / charts) http://www.albertpeia.com/stansberrypresentation.htm
]
(Washington
Post) [Wobama says daffy gaddafi’s time is up, got to go. The same can be
said of wobama et als and his fraudulently failed presidency. Sheen On
Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama (Some
might reflexively, defensively allege drugs (prescription or otherwise) or any
number of the varied personality disorders so prevalent in america … ‘fuzzy,
California laid back thinking’, ‘whatever’… Who knows? ) But, that said,
wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a
total fraud having been elected under false pretenses; viz., his total,
unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover,
there has been some persuasive documentation questioning wobama’s citizenship /
birthplace placing his eligibility to even hold the office of president in
question. Drudgereport: UPDATE: Huckabee claims Obama
grew up in Kenya... The Obama
Nation, by Jerome Corsi
Rezko was corrupt, and supported Obama in many campaigns as well as in
Obama buying his home -- and therefore, according to Corsi, Obama
is corrupt by ...www.ontheissues.org/Obama_Nation.htm ] Amidst the controversy of his wild
interview on the Alex Jones Show yesterday, actor Charlie Sheen wasted little
time in confronting President Barack Obama on his failure to answer Sheen’s twenty
questions concerning 9/11, calling Obama, “a coward in a cheap suit.” A Government Shut-down Imperils the Power of Congress Paul
Craig Roberts | Congress could try to protect its loss of the power of
the purse by impeaching Obama.
Drudgereport: WOBAMA 'IMPEACHMENT'
WARNING... ...to announce exploratory
committee 'in 10 days' Globalist Shill
Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More
Of Our Jobs Overseas As Part Of The New One World Economy The other day,
Barack Obama summoned a group of business and labor leaders to the White House
and “challenged” them to come up with some great ideas for creating more jobs
inside the United States. Public
confidence in Obama reaches new low
(Washington Post). Six in 10 Americans lack faith in Obama and hold
lower esteem for members of Congress, according to the latest Washington
Post-ABC News poll. Such stats as this tend to typify scenarios as this where
you break every significant campaign
promise that got you elected, from endless war (ie., Afghanistan, etc.) to not
prosecuting the frauds on wall street, and the growing realization of
‘typical’: Public
confidence in Obama reaches new low
(Washington Post) Six in 10 Americans lack faith in Obama and hold lower
esteem for members of Congress, according to the latest Washington Post-ABC
News poll. Such stats as this tend to typify scenarios as this where you break
every significant campaign promise that
got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting
the frauds on wall street, and the growing realization of ‘typical’:
But
still it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The following youtube video is well worth the look and explains
how and why the frauds on wall street have gotten away with their devastating
fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker, along with the dems. This well
researched / produced video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# For the Same Reason I’ve Included
Here a Web Site Archived FLV
Version of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Ellen Bente Oliver ‘Salary of
House/Senate...$174,000. Salary of Speaker of House...$223,500. Salary of
Majority/Minority Leaders...$193,400. Average US Salary...$33,000 to $77,000.
Maybe our elected officials should make an average salary too...It's a time of
sacrifice after all...Pass along, post on your own page if you agree…’
World's richest are almost $1 trillion richer [ And the other
95% trillions poorer. ]
Lessons
from the long tail of improbable disaster (Washington Post) [ No! I
disagree with the implication of the article! Modern life advantages? What, new
fangled frauds? That was the bottomline to the real estate debacle; that is,
the ‘pretend’ was creating an ongoing plethora of profits derived from
literally worthless paper. If not for financial incentive (from fraud), and
certainty of prosecution for the fraud (to date such has not occurred), this
still extant debacle in the trillions would not have occurred. Moreover, and
this is not 20/20 hindsight, I had no idea of the prevalence of earthquakes in
Japan (but was aware of their nuclear energy commitment) and clearly, conscious
decisions for the sake of extra profits were made regardless of risk. Some
(ie., earthquake-prone) nations just have to suck it up and make do without
nuclear (and pay more for fossil fuels, etc., which would affect margins). The
BP disaster was the consequence of a known flaw, even warned against by
personnel close to the debacle (the solution possibly affecting executive
bonuses, yacht, plane, exotic vacation home, etc.). New Orleans? … well, who’d
want to live there anyway outside of the Mardi Gras celebration…just kidding.
All the attention in the world does not change the ‘facts of life’. No, not
those facts of life, but reality. ] The lesson of disasters such as the one in
Japan is that more attention must be paid to extra risks that come with all the
advantages of modern life
Hidden workforce
hinders recovery (Washington
Post) [ Come on! Get real! They’ll never give up that ‘fudge factor’ that gives
them cover for their prevarication and continued wall street churn and earn
bubble fraud. ] The biggest challenge to the nation’s economic recovery is
Americans who have stopped looking for new jobs.
This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone is an especially great opportunity to sell / take profits while
you can since there's much worse to come!
(Washington Post) [ Comments COMMENTS ARE CLOSED WHILE WE UPGRADE OUR SYSTEMS ]
Lessons
from the long tail of improbable disaster (Washington Post) [ No! I
disagree with the implication of the article! Modern life advantages? What, new
fangled frauds? That was the bottomline to the real estate debacle; that is,
the ‘pretend’ was creating an ongoing plethora of profits derived from
literally worthless paper. If not for financial incentive (from fraud), and
certainty of prosecution for the fraud (to date such has not occurred), this
still extant debacle in the trillions would not have occurred. Moreover, and
this is not 20/20 hindsight, I had no idea of the prevalence of earthquakes in
Japan (but was aware of their nuclear energy commitment) and clearly, conscious
decisions for the sake of extra profits were made regardless of risk. Some
(ie., earthquake-prone) nations just have to suck it up and make do without
nuclear (and pay more for fossil fuels, etc., which would affect margins). The
BP disaster was the consequence of a known flaw, even warned against by
personnel close to the debacle (the solution possibly affecting executive
bonuses, yacht, plane, exotic vacation home, etc.). New Orleans? … well, who’d
want to live there anyway outside of the Mardi Gras celebration…just kidding.
All the attention in the world does not change the ‘facts of life’. No, not
those facts of life, but reality. ] The lesson of disasters such as the one in
Japan is that more attention must be paid to extra risks that come with all the
advantages of modern life
Marc
Faber On The Japanese Disaster, On A 20% Market Correction And On QE18 Marc
Faber appeared earlier on CNBC in response to a plunging market, and gave his
latest updated outlook on QE3… and 4, 5, 6, 7 and 8 (not to mention 18). Tyler Durden Zero
Hedge March 15, 2011 ‘Marc Faber appeared earlier on CNBC in response to a
plunging market, and gave his latest updated outlook on QE3… and 4, 5, 6, 7 and
8 (not to mention 18). “We may drop 10 to 15 percent. Then QE 2 will
come, (then) QE 4, QE 5, QE 6, QE 7—whatever you want. The money printer will
continue to print, that I’m sure. .. I meant to say QE 18.” …
Is
the Bear Market Back? [ The bear market never left … This has been a manipulated bubble-bull
cycle in this secular bear market based on b*** s*** alone and hence, is an
especially great opportunity to sell / take profits while you can since there's
much worse to come! ] Michaud ‘Financial Markets at Critical
Junctures’ (see infra)
U.S.
Stocks in Red, Though Markets Cut Early Losses Amid Fed Optimism [ Fed optimism? You mean ‘fed b*** s*** ‘!
Yes, we’re spoon fed ‘fed b*** s*** ‘.
The same ‘no-recession’ b*** s*** that wall street frauds are made of
and thrive on. What do you expect them to say? After all, it’s the fed’s
incompetence, complicity and wall street’s greed, fraud! ]
Midnight Trader (see infra)
The sad, hypocritical retirement of Evan Bayh Klein
(Washington Post) [ What’s so sad about it? Maybe only that the entire congress
hasn’t stepped down with him, along with ‘wobama the b’ and the rest of his
executive branch except law enforcement, and that other so-called judicial
branch of plushly accoutered lifetime appointees. After all, someone must bear
responsibility for the pervasively corrupt, defacto bankrupt state of the
nation. If not them, then who. In the figurative (and I mean figurative not
literal) sense, we should all burst out with that familiar refrain from
‘Another one bites the dust’.]
Obama Laments He’s Not President Of Communist China [
Time to relieve wobama the b’ (for b*** s***) of his burden by impeaching /
removing him from office without delay! He may not have been the first black
president (Clinton is generally considered the first black president by blacks
and whites alike, a moniker Clinton accepted and wore proudly – that 18% vote),
but he is certainly the last! Drudgereport: City Lowers Police Testing
Standards Because Not Enough Blacks Passed... Under pressure from Obama
administration... Illinois mayor says Obama
still owes city $55,457...
Obama to party with
Washington reporters...
Golf in the afternoon... ] Weekly Standard
| “Mr. Obama has told people that it would be so much easier to be the
president of China.”
Ellen Bente Oliver ‘Salary of
House/Senate...$174,000. Salary of Speaker of House...$223,500. Salary of
Majority/Minority Leaders...$193,400. Average US Salary...$33,000 to $77,000.
Maybe our elected officials should make an average salary too...It's a time of
sacrifice after all...Pass along, post on your own page if you agree…’
World's richest are almost $1 trillion richer [ And the other
95% trillions poorer. ]
Lessons
from the long tail of improbable disaster (Washington Post) [ No! I
disagree with the implication of the article! Modern life advantages? What, new
fangled frauds? That was the bottomline to the real estate debacle; that is,
the ‘pretend’ was creating an ongoing plethora of profits derived from
literally worthless paper. If not for financial incentive (from fraud), and
certainty of prosecution for the fraud (to date such has not occurred), this
still extant debacle in the trillions would not have occurred. Moreover, and
this is not 20/20 hindsight, I had no idea of the prevalence of earthquakes in
Japan (but was aware of their nuclear energy commitment) and clearly, conscious
decisions for the sake of extra profits were made regardless of risk. Some
(ie., earthquake-prone) nations just have to suck it up and make do without
nuclear (and pay more for fossil fuels, etc., which would affect margins). The
BP disaster was the consequence of a known flaw, even warned against by
personnel close to the debacle (the solution possibly affecting executive
bonuses, yacht, plane, exotic vacation home, etc.). New Orleans? … well, who’d
want to live there anyway outside of the Mardi Gras celebration…just kidding.
All the attention in the world does not change the ‘facts of life’. No, not
those facts of life, but reality. ] The lesson of disasters such as the one in
Japan is that more attention must be paid to extra risks that come with all the
advantages of modern life
Hidden workforce
hinders recovery (Washington Post) [ Come on! Get real! They’ll never
give up that ‘fudge factor’ that gives them cover for their prevarication and
continued wall street churn and earn bubble fraud. ] The biggest challenge
to the nation’s economic recovery is Americans who have stopped looking for new
jobs.
This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone is an especially great opportunity to sell / take profits while
you can since there's much worse to come!
Poll:
Support for Afghan war waning (Washington Post) [ Waning? When have these
nation-bankrupting, perpetual war policies been other than ‘waning’, except
among the zionists, neocons, war criminals, military industrial complex, war
profiteers, etc.. It was opposition to these perpetual war policies that got
‘wobama the b’ (for b*** s***) elected, only to be revealed for the blatant
liar / fraud that he truly is. ]
This is the grim economic reality http://albertpeia.com/grimreality.htm . This manipulated bubble in this secular bear market based on
b*** s*** alone is an especially great opportunity to sell / take profits while
you can since there's much worse to come!
Ellen Bente Oliver ‘Salary of
House/Senate...$174,000. Salary of Speaker of House...$223,500. Salary of
Majority/Minority Leaders...$193,400. Average US Salary...$33,000 to $77,000.
Maybe our elected officials should make an average salary too...It's a time of
sacrifice after all...Pass along, post on your own page if you agree…’
World's richest are almost $1 trillion richer [ And the other
95% trillions poorer. ]
Saudi
troops intervene in Bahrain
(Washington Post) [ This most assuredly is exactly that; viz., a
‘declaration of war’. And, as importantly, the militant / transgressor is
hardly a righteous player but rather a self-interested, totalitarian, family
plutocracy whose actions cannot be supported by any criteria heretofore
promulgated precluding same. Saudi police open fire at protest (Washington Post) [ Time to revoke the saudi pass to do whatever
please owing to their preposterous claim to all the oil wealth of the entire
Saudi nation. 16
miles away, Saudi Arabia's watchful eye looms over Bahrain unrest
(Washington Post) [ I’m sure they are… with a microscope at
that. Saudis Worried
Protests Will Hit Home - saudi arabia;
talk about do nothing hypocrites. How does one family claim ownership of all
the oil reserves of a sovereign nation; I suspect only when foreign
corporations say so For the sake of the saudi Arabian people, more
than just protests should come to fruition!
] AFP | Saudi royal warns Arab world uprisings could
cause harm unless they reform. Bahrain authorities launch surprise attack on protesters [There’s the america and saudi Arabia
effect; far less than democratic and far more deadly in the mideast among other
places; talk about hypocrites. How does one family claim ownership of all the
oil reserves of a sovereign nation as the saudis; time for the saudis to go the
way of dictator Mubarak and take the war criminal americans with them. ] Los Angeles Times Tear gas
canisters bombard sleeping protesters in Manama's Pearl Square. At least two
men are reported killed Video: Bahrain
protesters look to emulate Egypt revolt 
euronews Riot Police Attack Bahrain Protesters Voice
of America ‘Saudi
Arabia sending troops to Bahrain’ Saudi Arabia is sending troops to Bahrain in a move to crack down
on pro-democracy protesters who took to the streets in the capital Manama, a
political analyst says. [SAUDIS TOLD OBAMA
'NOT TO HUMILIATE MUBARAK'] Opposition calls move to shore
up monarchy and quell protests a “declaration of war.”
Store
shelves empty even outside disaster zone as panic buying grips Japan (Washington Post) [ I think the term
‘panic-buying’ with its connotation of
‘overreaction’ is a misnomer and misapplied to this unprecedented
catastrophe. I further believe that the magnitude of the fallout, literally and
figuratively, economically and otherwise, cannot be overstated in being far
more dire in negatively impacting already dour global economic prospects. ]
TOKYO - Canned goods, batteries, bread and bottled water have vanished from
store shelves and long lines of cars circle gas stations, as Japan grapples
with a new risk set off by last week's earthquake, tsunami and ensuing nuclear
crisis: panic-buying.
Controversey Over
Bonuses (Washington Post) : I
think an appropriate bonus for anyone on capital hill is an all-expenses-paid
trip to ………… JAIL! Fed
meets as risks widen; policymakers aim to guard against inflation while
fostering growth (Washington Post) [ Come on! Let’s not kid each other! The
fed’s failed on both counts, continuing the policies of failure ushered in by
the senile greenspun… This is the grim economic
reality http://albertpeia.com/grimreality.htm . This manipulated bubble in this secular bear market based on
b*** s*** alone is an especially great opportunity to sell / take profits while
you can since there's much worse to come! … Who,
Besides Ben Bernanke, Wants to Buy (u.s.) Bonds? Well, PIMCO just voted
with their feet (they’re out of them) … Japansunami will preclude same (note:
despite the dire implications for defacto bankrupt america owing to their
costly reconstruction preoccupation … market suckers’ rally into the close and
off the lows to keep investors suckered … you can do such things, especially
into the close, with those computerized high frequency trade programs which are
great for generating commissions from the old ‘in-out, in-out’, and then some …
these days like last crash / crisis are made for such frauds.) … don’t go
looking to china to take more baths, especially with that recent trade deficit
of theirs. The answer is no-one! And, one can begin to see the fed’s reluctance
to alow proper scrutiny of their books ( technically ‘insolvent’ but printing
ever more worthless paper); beyond their complicity in the massive wall street
frauds cashed out with their help, there’s the worthless ‘paper on paper’
debacle just around the corner. ]
WASHINGTON - The Federal Reserve meets Tuesday at a time of widening economic
risks: higher oil and food prices; unemployment near 9 percent; crises in the
Middle East and Japan.
Operators
struggle to stabilize nuclear plants
Attempts
to cool Fukushima Daiichi reactors have failed (Washington Post) [ ‘China Syndrome’ … now
being third after China, economically speaking, is the least of Japan’s
worries. While never really giving it much thought, though seemingly 20/20
hindsightish (it’s really not), I always assumed now admittedly
unrealistically, that nuclear plants were built in nonearthquake-prone-zones.
Clearly, that’s not the case in Japan and I all but wonder where else. ] Some
170,000 evacuated, 160 possibly exposed; other facility declares state of
emergency.
Who,
Besides Ben Bernanke, Wants to Buy (u.s.) Bonds? [ Well, PIMCO just voted
with their feet (they’re out of them) … Japansunami will preclude same (note:
despite the dire implications for defacto bankrupt america owing to their
costly reconstruction preoccupation … market suckers’ rally into the close and
off the lows to keep investors suckered … you can do such things, especially
into the close, with those computerized high frequency trade programs which are
great for generating commissions from the old ‘in-out, in-out’, and then some …
these days like last crash / crisis are made for such frauds.) … don’t go
looking to china to take more baths, especially with that recent trade deficit
of theirs. The answer is no-one! And, one can begin to see the fed’s reluctance
to alow proper scrutiny of their books ( technically ‘insolvent’ but printing
ever more worthless paper); beyond their complicity in the massive wall street
frauds cashed out with their help, there’s the worthless ‘paper on paper’
debacle just around the corner.]
Looking Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious
correction? The events and reports this week did provide more evidence that the
stock market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
It might be wise to lighten up some into strength that may develop over the
next few days during the ‘monthly strength period.’
BOB
PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New
Lows Blodget ‘Investors have gotten wildly bullish of late, as the bull
market that started in early 2009 keeps driving stocks to new highs. But the
pigs are about to get slaughtered, says Bob Prechter, president of Elliott Wave International and
editor of the Elliott Wave Theorist. Prechter still thinks the new bull market
is just a cyclical "retracement" of some of the bear market losses
that we've had since the market crashed in 2008. Prechter expected this
retracement to drive stocks 50% above the market lows, but stocks have since
soared 30% higher than than he expected. So when the day of reckoning
comes, Prechter thinks, it will be even more startling. And Prechter
still thinks that stocks will eventually crash to new bear-market lows (read:
below 6,800 on the DOW). What makes Prechter think this day of reckoning may
come sooner rather than later? Sentiment indicators and
other technical analysis. Investor bullishness has
now gotten so extreme, Prechter says, that it has exceeded the levels in 2008
before the market crashed. Investors could still get even more bullish,
of course, but eventually they'll pay for this optimism. And Prechter's not just bearish on stocks: He thinks oil,
silver, and other commodities are absurdly overvalued, too. The only
thing he's bullish on is the dollar. And lest he be dismissed as a perma-bear,
Bob Prechter is quick to add that he hopes there will come a day when he can
come on the show and tell everyone that stocks are finally so crushed and hated
that it's a historic opportunity to buy them. When will that be? Stay
tuned...’ The
Case for a Bear Market for Stocks Suttmeier ‘In making a bearish call on
the U.S. stock market, I base it on both fundamental and technical factors. The
fundamentals show that stocks are overvalued and we have had three ValuEngine
Valuation Warnings so far this year. The January warning was ignored by the
market but so far stocks peaked with the warning issued on February 18 and
re-iterated on March 3. During this period we have seen many days where all 16
sectors have been overvalued, with eight to 11 by double-digit percentages. Today
63.8% of all stocks are overvalued, and all 16 sectors are overvalued, 11 by
double-digit percentages…’
Utilities Are Warning the Correction Is Here Gayed ‘The utilities sector (IDU) may not be the most
fascinating sector of the market to watch, but in many ways can be one of the
most important. Legendary technical analyst Edson Gould, known for being one of
the best market timers of all time, believed that the performance of utilities
was an early indicator for broad market movements. He noted often times that
when utilities performed exceptionally well, within a short period of time,
markets would experience a period of volatility and declining prices…’
Is
the Bear Market Back? [ The bear market never left … This has been a manipulated bubble-bull
cycle in this secular bear market based on b*** s*** alone and hence, is an
especially great opportunity to sell / take profits while you can since there's
much worse to come! ]
Michaud ‘Financial Markets at Critical Junctures
Milbank:
King's
red scare (Washington Post) [ It truly is difficult for me to imagine being
on the same page as Mr. Milbank on virtually any topic at all; and, yet here I
am, on the same page agreeing with him with what has already occurred to me in
thinking about the mccarthyish way of political opportunist for his zionist
district politics, neocon peter king. It is important to distinguish the
‘anti-communist’ tenor of mccarthy’s day, communism being in my view a very
real threat in light of my own staunch opposition to communism, the ultimate
‘b*** s***’ political doctrine / social organization whereby everybody is
purportedly equal, yet some bureaucrats / party members were far more equal in
every way than others. Yet, pervasively corrupt / defacto bankrupt america
(Batista’s cuba is an example on smaller scale) has become a poster-child for the failure of capitalism
(though capitalism is but a fading memory for america in favor of the corrupt
bureaucratic morass it’s become) with totalitarian communist china the greatest
beneficiary though it’s capitalism that has garnered china enormous success.
The irony of it all. While the communist threat was all too real, from the
beginning (upon the long overdue fall of communism), there was a void sought to
be filled by the military industrial complex, neocons, zionists, war
profiteers, etc., literally ‘militants without a cause’. A sad reality that’s
all too real. ]
NATO endorses plan for Afghan forces to take
over several areas (Washington Post) [ Yeah! Sounds like a plan … if
the several areas encompass the entire nation; and, nato quits their
foolishness in wasting money they don’t have for the sake of the military
industrial complex, war profiteers, thieves, and (nato) heroin dealers. ]
Major
changes ahead for U.S. mortgage system (Washington Post) [ Duh! Ya think? …
How ‘bout major changes to the entire pervasively corrupt, defacto bankrupt
u.s. (illegal) system, long overdue … SEC
chief: Becker should not have worked on Madoff fallout (Washington Post) [
Oh come on! Everyone now knows here and abroad that capital hill is just an
incestuous, nepotic morass of venal, greedy, corrupt incompetents who do or
don’t do whatever is necessary to further their personal financial interests,
including bribes both direct and indirect, now or later. Between goldman’s /
citi’s rubin, and paulsen, and etc., etc., they’ve pillaged the treasury and aided
/ abetted / covered up a still extant fraud. Now those who can, do; those who
can’t, work for the u.s. government. Who’s the head of enforcement? A goldman
man of course. Madoff? House
Republicans press SEC on official's ties to Madoff (Washington Post) [ The
ultimate subterfuge. Mr. small potatoes madoff the focus of so much influence …
yet he’s in jail … and the only one … Boy, did mary shapiro become total b***
s*** fast … the current shibboleth of
capital hill / all 3 branches of pervasively corrupt u.s. government …
joining the others: “The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’ Financialization
and Our Increasingly Unstable Economy Roche ‘I finally got around to seeing
the movie Inside Job, the story behind the credit crisis and winner of the
Academy Award for best documentary. It’s very good and I highly recommend it to
anyone who hasn’t seen it. It will certainly infuriate you. The movie doesn’t
place nearly enough blame on homeowners, but all in all it does an excellent
job of showing how Wall Street and government have become overrun by
deregulation and sheer greed. A combination of flawed economic theory and greed
have combined to create the beast that we now call a “functioning” economy. The
worst part of it all is that President Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place. …’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billiions from the fraud ), the commentator / experts
recommend getting rid of the corrupt eric holder ( now what do holder and
wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
] Former general counsel inherited part of a Bernard Madoff
account.
Ethics
code urged for Supreme Court
(Washington Post) [
Sounds like a plan! Come on! Wake up! After all, what can you expect
from two guidos from ‘jersey (alito and scalia, colloquial – note that I have
refrained from using what some might consider disparaging terms as w*p*,
gui***s, or da***s … and let me state for the record that I truly loved and
respected my grandmother who was 100% Italian/Bari,Italy and as well my grandfather/Lake
Como,northern Italy with greek ancestral roots and I thereby claim
standing/right to posit the criticism in light of my direct experience. ). How
‘bout starting with enforcing laws as to judges, liars, etc., within the very
corrupted american illegal system; and, particularly bribes which in one form
or another are rampant . I don’t know about Thomas ( 3-4-11 Throw Clarence Thomas Off the Bench (The Daily Beast) ) , but I do know about alito and ‘jersey … :
October 15, 2010
(*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention
of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he
predicated a retaliatory and spurious contempt proceeding against me
causing substantial damage, and for which he sought Judicial Notice of
those and related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met
personally refused to join or file a separate motion to recuse and not
long thereafter left said office for private practice at Cole, Shotz, et
als on retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents,
affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes
in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan
Lacey with whom I met personally at the U.S. Attorney’s Office in Newark,
N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is
also corrupt (and maybe corrupt because he is inept). After a reasonable
(but still rather short) time I called to determine the status and was
told that Alito was no longer with the Office of the U.S. Attorney, that
he was (appointed) a federal judge, and that neither the documents nor any
file or record of same could be located. Alito did parley the same /
cover-up into quid pro quo direct lifetime appointment to the Court of
Appeals, 3rd circuit, despite the absence of judicial
experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as
well). This is the same Sam Alito that now sits on the purported highest
court in the land. The real application of the illegal rule ‘don’t ask,
don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
] Group of law
professors' appeal comes after controversies involving travel and appearances
at political events by several justices.
Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video from Stansberry and Associates is so well researched and succinctly presented that I’ve archived same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which I believe to be correct. This is a must-view,
must-see that I strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ( 146mb – approx. 1 hr. 17 min. ) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 (
374mb ) Written text of presentation (without
pictures / charts) http://www.albertpeia.com/stansberrypresentation.htm
]
] Higher down payments could be demanded by
lenders, and the availability of long-term mortgages with fixed interest rates
could be curtailed.
Disaster
in Japan threatens recession recovery (Washington Post) [ Recovery? …
Dreamin’ … and, we’re way past the ‘straw broke the camel’s back’ … we’re
really talkin’ about final nails in the coffin … This is the grim economic
reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone is an especially great opportunity to sell / take profits while
you can since there's much worse to come!
What
Can the Great Depression Teach Us About Our Great Recession? Chartprophet
‘Is the massive market rally of the past two years just a temporary recovery
that has tricked many investors to jump back into stocks right before the next
plunge? And how can the Great Depression reveal what may happen to the markets
this year, almost 80 years later?As we enter the third year of what has been a
very impressive "bull" market, many are left wondering whether this
incredible run of as much as 100 percent on the S&P 500 can continue - and
for how long. Yet while the economy seems to have rebounded very strongly off
of its early 2009 lows, accompanied by improving fundamentals, increased
company earnings, and a more optimistic consumer, many investors fail to at
least consider the thought that this entire "recovery" could, in
fact, be just an extreme overreaction to the 2008 market crash. In other words,
the huge rally we have seen in the global stock markets since early 2009 could
be just a temporary recovery and pause before the next - and possibly worse -
market decline.
It was less
than a year ago that the fear of an economic "double dip" - a plunge
back down to recession - intensely gripped the markets. The "flash
crash", BP
oil spill, European troubles, high unemployment, and potential derailment of
the economy all posed a severe threat to the viability of our recovery. Yet
while many parts of the economy seem to have been improving, there are still so
many issues surfacing daily that most of the world is basically ignoring. I am
not saying that all these issues are guaranteed to pull us back into recession,
but with such a huge rebound in stocks accompanied by so many potential
derailers, it may not be so far-fetched to at least consider the possibilities
of the tremendous upcoming turmoil.
The issues
now: huge government debt, credit crisis, European troubles, high insider
selling, Middle East turmoil, surging oil prices that threaten to hurt the
economy, soaring commodity prices, surfacing inflation, uncertainty about the
Fed's QE2 and QE3, billions of dollars of toxic assets on the balance sheets of
many banks, emerging market weakness since the end of 2010, real estate bubbles
from China to Singapore, rationalization of fundamentals and a strong
complacency that things will continue to be just as positive as they have been,
a very slowly-improving unemployment picture, and perhaps one of the most
telling points - the average investor is finally getting back in, and maybe
right at the end of the rally.
So why should
investors at least consider the possibility of a "double dip"? What
are the potential scenarios if this tremendous market rally was, in fact, a
"fool's rally"? And what can the Great Depression teach us about our
current situation?
First, we
must understand what a "fool's rally" is:
Otherwise
known as a "Dead Dog Bounce," the fool's rally is a corrective bounce
or temporary rebound that follows a severe decline in an individual stock or
broader market. Following a severe decline, stocks and markets can sometimes
see sharp bounces off of the lows as a rapid overreaction to the downside is
followed by an overreactive bounce to the upside. In other words, a market crashes
quickly and sharply but rebounds temporarily as much of the bad news takes some
time to fully sink in.
This
phenomenon is has been termed the "Dead Dog Bounce," based on the
statement that "even a dead dog will bounce" if dropped from high
enough. Here's an image of what this looks like:
[picture]
The Dead Dog Bounce is just a temporary recovery, however. The scenario is as
follows: 1) the market drops sharply; 2) after an extreme downturn, the market
recovers as some investors buy up what they consider to be "value";
3) the market cannot make it all the way back up to where it started its down
move, however, because the economy is nowhere near as healthy as it was; 4) the
investors who have pulled their money out of the stock market or who have
missed the recovery now jump back in, thinking the market is going back up; 5)
since this has been a dead dog bounce, and therefore just a corrective rebound
before the dead dog falls back down, many investors were tricked into thinking
the recovery was underway - but the market enters the next phase of decline or
recession. A double dip takes place.
Think of a
tennis ball dropped from the top of a building: as it drops, it gains momentum,
hits the ground, and bounces up - but the bounce can not be as high as its original
point. And following that bounce, it will ultimately be pulled back down by
gravity. So too the Dead Dog Bounce - the market drops from above, falls
sharply, hits the "ground," bounces back up (but not as high), and
ultimately falls back down.
I bring the
Great Depression up because it is one of the best examples of a Dead Dog
Bounce. We often think of the Crash of 1929 as the biggest event of the Great
Depression, and perhaps also consider it to be the biggest drop in the market.
But that actually wasn't the case.
Here's
how the Dead Dog Bounce played out in the Great Depression:
click to
enlarge
[chart]
Following 17 years of sideways movement beginning, the market finally embarked
on an uptrend from 1921 to the ultimate peak of 1929.
Compare the
above chart to what we have recently seen in our market:
[chart]
Like the Dow from 1904 to 1921, the Dow of 1960 to 1983 was also stuck in a
long sideways trend. It eventually broke out above the 1,000 level in 1983 and
began one of the greatest bull markets we have ever seen. Like the 1929 top
before the Great Depression, the 2007 peak marked the top before the Great
Recession we find ourselves in. The two charts above look eerily similar, and
make dismissing the relationship between the Great Depression and Great
Recession almost a fool's move.
Now take a
look at the 1929 stock market crash:
[chart]
After reaching a peak of 380+, the Dow tumbled to under 200 as the Crash of
1929 sent markets into a free-fall. Following the Crash, a Dead Dog Bounce took
place - raising the market approximately 50 percent.
Compare the
1929-1930 Crash-Dead Dog Bounce scenario with what we have just seen:
[chart]
After a bull market from 2003 to the end of 2007, the Dow reached a peak of
over 14,000. As the housing market collapsed, so did the stock market - sending
the Dow below 6,500. As in the Dow of 1929-1930, a potential Dead Dog Bounce
has followed since 2009 and continues until today.
The question
remains - what followed the Dead Dog Bounce of 1929-1930, and will our market
follow the same course?
Here's how it
played out in 1930:
[chart]
The Crash of 1929 was almost negligible in comparison to the Great Depression
that followed. The Crash sent the Dow tumbling from 380 to 200, and was
followed by a Dead Dog Bounce which recovered over 50 percent of the Crash; but
the real damage was done beginning in April 1930 and lasting until late 1932 -
where the Dow toppled from nearly 300 to less than 50 - a loss of over 83
percent.
The Dead Dog
Bounce in 1929 and 1930 was just a corrective overreaction to the steep plunge
that the Crash of 1929 brought to the market. But as we can see, the Crash and
the ensuing bounce were nothing compared to the huge drop that followed and
carried through until the end of the Great Depression.
We now find
ourselves in perhaps a similar situation - a market that saw a very impressive
bull run for years, and reached a lofty top followed by a severe downturn in
2008 and early 2009. It has since shown signs of improving, and many investors
and economists are optimistic for the future - thinking the worst is behind us.
But with so many negative and potentially devastating issues constantly
surfacing, are we just in the middle of a Dead Dog Bounce before reality sets
in and the market plunges back down into recession? I do not yet know the
answer to that question. But with the very strong similarities between our
market and that of the Great Depression, it would be very wise to at least pay
attention.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.’
] The earthquake and tsunami in Japan struck an area that accounts for only a small fraction of the country's economic activity, but damage could still run into the tens of billions of dollars.
Japan
reeling after quake (Washington
Post) [ Japan reeling, wall street rallying? … What’s wrong that picture? …
Hello! … earth to wall street, reality calling … Can’t be good for oil prices,
or the debt market (for u.s.) for starters … Who,
Besides Ben Bernanke, Wants to Buy (u.s.) Bonds? [ Well, PIMCO just voted
with their feet (they’re out of them) … Japansunami will preclude same (note:
despite the dire implications for defacto bankrupt america owing to their
costly reconstruction preoccupation … market suckers’ rally anyway to keep
investors suckered and from getting any rational selling ideas over the weakend
… you can do such things, especially into the close, with those computerized
high frequency trade programs which are great for generating commissions from
the old ‘in-out, in-out’, and then some … these days like last crash / crisis
are made for such frauds.) … don’t go looking to china to take more baths,
especially with that recent trade deficit of theirs. The answer is no-one! And,
one can begin to see the fed’s reluctance to alow proper scrutiny of their
books; beyond their complicity in the massive wall street frauds, cashed out
with their help, there’s the worthless ‘paper on paper’ debacle just around the
corner. ] A bulldozing tsunami leaves the country bracing for an epic
humanitarian disaster.
Saudi police open fire at protest (Washington Post) [ Time to revoke the saudi pass to do whatever
please owing to their preposterous claim to all the oil wealth of the entire
Saudi nation. 16
miles away, Saudi Arabia's watchful eye looms over Bahrain unrest
(Washington Post) [ I’m sure they are… with a microscope at
that. Saudis Worried
Protests Will Hit Home - saudi arabia;
talk about do nothing hypocrites. How does one family claim ownership of all
the oil reserves of a sovereign nation; I suspect only when foreign
corporations say so For the sake of the saudi Arabian people, more
than just protests should come to fruition!
] AFP | Saudi
royal warns Arab world uprisings could cause harm unless they reform. Bahrain authorities launch surprise attack on protesters [There’s the america and saudi Arabia
effect; far less than democratic and far more deadly in the mideast among other
places; talk about hypocrites. How does one family claim ownership of all the
oil reserves of a sovereign nation as the saudis; time for the saudis to go the
way of dictator Mubarak and take the war criminal americans with them. ] Los Angeles Times Tear gas
canisters bombard sleeping protesters in Manama's Pearl Square. At least two
men are reported killed Video: Bahrain
protesters look to emulate Egypt revolt 
euronews Riot Police Attack Bahrain Protesters Voice
of America ‘Saudi
Arabia sending troops to Bahrain’ Saudi Arabia is sending troops to Bahrain in a move to crack down
on pro-democracy protesters who took to the streets in the capital Manama, a
political analyst says. [SAUDIS TOLD OBAMA
'NOT TO HUMILIATE MUBARAK'
NATO troops kill Karzai's cousin in botched
raid, Afghans say (Washington Post) [ ‘All the right moves’. Right,
right, right! Righto!…Riiiiight! Winning those hearts and minds; or as Charlie
Sheen would say … duh … winning! Whew! U.N. alarmed by surge in civilian casualties
in Afghanistan 
(Washington
Post) [ No, gates has already addressed that … minor setbacks, says he … Turmoil
jars U.S. counter-terror efforts 
(Washington
Post) [ Now how does this come as a surprise to anyone? Beyond america’s
propaganda machine, orwellian england, etc., just how do think the war crimes,
invasions, pillaging and plundering, and killing of innocent children, women,
and men by pervasively corrupt, defacto bankrupt america et als for the sake of
the u.s. military military complex are viewed by the rest of the world, and
particularly the subject region. Euphemistically but realistically speaking,
‘not good’! … Gates says killing of Afghan boys a "setback" (Reuters)
[Ah, yes, riiiiight! … that’s what it is, alright…just a setback…I see. ] Gates: US
military to stay in Afghanistan US
Defense Secretary Robert Gates, who is on a surprise visit to Afghanistan, says
the American military should stay in the conflict-riddled country despite the
rising human costs. Violent
spring looming in Afghanistan (Washington Post) [ See … something to look
forward to … must be that good news that keeps getting pushed back … and spring
no less … everything bombing blooming or in war criminal american-speak …
‘booming’ … but not the defacto bankrupt american economy for which a crash is
‘looming’. Could somebody help me out with a translation of gates’ speech a
west point … I must be missing something … Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly
lost a son to war, but along with the multitude of civilians in the nations
unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by
President General Eisenhower), they died for nothing, for no good reason beyond
the false propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
] American military officials
expect that the Taliban will mount a campaign to regain ground lost to U.S. troops
last year and use suicide bombing teams to strike at those associated with the
Afghan government or coalition forces.
]
Krauthammer:
What
Social Security trust fund? (Washington Post) [ Fraud? Most assuredly! But
breathtaking, shocking? Come on! Let’s get real here … paper iou’s (the ‘trust
fund’) from pervasively corrupt, defacto bankrupt, perpetual warster america? I
mean, REALLY (as they say on SNL-a joke)...This is the grim economic
reality ( http://albertpeia.com/grimreality.htm ). In
Senate's debt debate, talk isn't cheap
(Washington
Post) [ Oh, but it is cheap! Very cheap relative to the magnitude of the
insurmountable debt … here’s an initial and astute vote of ‘no confidence’ … Drudgereport:
World's biggest bond fund
dumps all U.S. debt... Senate
still wrangling over spending bill 
(Washington
Post) [ Few
signs of compromise on budget details
(Washington
Post) [ Come on … wake up! The cuts they’re quibbling over don’t even cover
interest on the national debt! Timid
Tuesday: Is it Safe? Davis ‘… This is how we
pay off our current debts and I think bondholders are simply happy to get anything
out of a country that admits it owes $15Tn (1/4 of global GDP) but probably
owes closer to $60Tn (entire global GDP) in the form of unfunded liabilities.
The funniest thing about this (and you have to laugh) is to see Conservative
pundits get on TV and talk about how we need to cut $100Bn worth of
discretionary spending to "fix" this (while continuing to spend $1Tn
on the military and $1Tn on tax cuts for the top 1% each year). There is no
fixing this and even a Republican said you can’t fool all of the people all of
the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE
CAREFUL OUT THERE! ‘ ] Senate leaders delayed until Wednesday
consideration of a bill to fund the government through Sept. .…. Top
Economists: Trust is Necessary for a Stable Economy … But Trust Won’t Be
Restored Until We Prosecute Wall Street Fraud Most policy makers still
don’t understand the urgent need to restore trust in our financial system, or
the need to prosecute Wall Street executives for fraud and other criminal wrongdoing …..
'Gang
of 6' takes deficit fight to public (Washington Post) [ Riiiight! I like that term, gang, as applied
to capital hill. Indeed, without exaggeration or sarcasm I posit the realistic
existence of government mob, relative to other mob designations as ie., mafia,
irish mob, jewish mob, etc., based not on what they say they do but on what
they actually do. That now corrupted supreme court of old’s test for obscenity;
viz., ‘you know it when you see it’. And, haven’t we been seeing it for quite
some time now; the corruption, the corruptibility, the lobbyists, the military
industrial complex, the look the other way for the massive frauds on wall street,
the bribes in one form or another before or after the fact? The ‘gangs’ should
be shouldering the burden first, then come asking those who foolishly trusted
them. Why
Social Security is welfare 
(Washington
Post) [ What does it matter what you call it? Part of america’s defacto
bankruptcy? Most assuredly (I haven’t even looked at the Bloomberg propaganda
piece which by its very title is an insult to intelligence; after all, we all
know they can continue to print evermore worthless fiat currency which in
reality does not change the ultimate reality of america’s defacto bankruptcy
but merely exacerbates while forestalling a realistic assessment of the
magnitude of the crisis. The fact is that there are others, culpable in
creating this crisis who should be shouldering the burden first; ie., frauds on
wall street via prosecution, fines, disgorgement; Ellen Bente Oliver
‘Salary of House/Senate...$174,000. Salary of Speaker of
House...$223,500. Salary of Majority/Minority Leaders...$193,400. Average US
Salary...$33,000 to $77,000. Maybe our elected officials should make an average
salary too...It's a time of sacrifice after all...Pass along, post on your own
page if you agree…’ ; SEC
on the hot seat (Washington Post) [ Oooooh! The capital hill hot seat …
shilling for no more than a grilling. House
Republicans press SEC on official's ties to Madoff (Washington Post) [ The
ultimate subterfuge. Mr. small potatoes madoff the focus of so much influence …
yet he’s in jail … and the only one … Boy, did mary shapiro become total b***
s*** fast … the current shibboleth of
capital hill / all 3 branches of pervasively corrupt u.s. government …
joining the others: “The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’ Financialization
and Our Increasingly Unstable Economy Roche ‘I finally got around to seeing
the movie Inside Job, the story behind the credit crisis and winner of the
Academy Award for best documentary. It’s very good and I highly recommend it to
anyone who hasn’t seen it. It will certainly infuriate you. The movie doesn’t
place nearly enough blame on homeowners, but all in all it does an excellent
job of showing how Wall Street and government have become overrun by
deregulation and sheer greed. A combination of flawed economic theory and greed
have combined to create the beast that we now call a “functioning” economy. The
worst part of it all is that President Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place. …’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billiions from the fraud ), the commentator / experts
recommend getting rid of the corrupt eric holder ( now what do holder and
wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
Stocks
sink amid new economic concerns (Washington Post) [New economic concerns? I don’t think so! The
economic concerns certainly aren’t new: This is the grim economic
reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone is an especially great opportunity to sell / take profits while
you can since there's much worse to come!But that
money/prosperity’s truly down the crapper and into the hands of the ‘perps and
friends’ … World's
richest are almost $1 trillion richer ( And the other 95% trillions poorer.)
… There’s never been a mystery here … just a massive fraud that despite the
rhetoric has been purposefully overlooked and unprosecuted … : “The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’ Financialization
and Our Increasingly Unstable Economy Roche ‘I finally got around to seeing
the movie Inside Job, the story behind the credit crisis and winner of the
Academy Award for best documentary. It’s very good and I highly recommend it to
anyone who hasn’t seen it. It will certainly infuriate you. The movie doesn’t
place nearly enough blame on homeowners, but all in all it does an excellent
job of showing how Wall Street and government have become overrun by
deregulation and sheer greed. A combination of flawed economic theory and greed
have combined to create the beast that we now call a “functioning” economy. The
worst part of it all is that President Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place. …’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billiions from the fraud ), the commentator / experts
recommend getting rid of the corrupt eric holder ( now what do holder and
wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
] Official opens an investigation into
allegations that the agency mishandled potential conflicts of interest in its
response to Madoff's Ponzi scheme.
]
Looking Like A Good Time To Sell Into Strength - Harding ‘Many
important global stock markets, including China, Brazil, India and Hong Kong,
have been in fairly significant corrections since November, down between 12%
and 17%. Their major concerns have been rising inflation and the resulting
monetary tightening by their central banks to combat the inflationary
pressures...So was this week’s stumble the beginning of a more serious correction?
The events and reports this week did provide more evidence that the stock
market may be ahead of reality regarding prospects for the economy, and
therefore corporate earnings, going forward, which should at least limit the
market’s upside potential. Limited upside potential equals more downside risk?
It might be wise to lighten up some into strength that may develop over the
next few days during the ‘monthly strength period.’
U.N. confirms probe into allegations of
torture by Gaddafi's forces 
(Washington
Post) [ Well we all know how effective the u.n. has been in enforcing the mandate against torture / war crimes in
light of their stern rebuke / sanctions / action against the u.s. / israel …
riiiiight! http://albertpeia.com/evilonthetarmac.htm ]
Dispute
threatens trade agenda 
(Washington
Post) [ Agenda? What agenda? Come on! A
cursory look at the consistent and persistent trade numbers and one must
conclude that they’d safe some face and be thought of just a wee bit better
than worse than bad if they stated they have no agenda. My computer is under
constant hack-attack and truth be told, I’ll be going linux / non-windows with
my next ‘non-american’ made computer (this dell just can’t hack the hacks /
barrage). Let’s not kid ourselves, there is nothing ‘made in america’ (even most
components of ‘domestic’ products are made overseas) that can’t be made
elsewhere better and cheaper except for the ubiquitous fraud for which
pervasively corrupt, defacto bankrupt america has no peer…
Taxpayers
caught in middle of Fannie lawsuit 
(Washington
Post) What could be worse than taxpayers paying more than $100 million to
defend a shareholder-owned company and its former executives in a private
lawsuit? [ What could be worse? Not prosecuting the massive wall street
frauds in the trillions with jail, fines, and disgorgement the goal.…. Top
Economists: Trust is Necessary for a Stable Economy … But Trust Won’t Be
Restored Until We Prosecute Wall Street Fraud Most policy makers still
don’t understand the urgent need to restore trust in our financial system, or
the need to prosecute Wall Street executives for fraud and other criminal
wrongdoing ….. 'Gang
of 6' takes deficit fight to public (Washington Post) [ Riiiight! I like that term, gang, as applied
to capital hill. Indeed, without exaggeration or sarcasm I posit the realistic
existence of government mob, relative to other mob designations as ie., mafia,
irish mob, jewish mob, etc., based not on what they say they do but on what they
actually do. That now corrupted supreme court of old’s test for obscenity;
viz., ‘you know it when you see it’. And, haven’t we been seeing it for quite
some time now; the corruption, the corruptibility, the lobbyists, the military
industrial complex, the look the other way for the massive frauds on wall
street, the bribes in one form or another before or after the fact? The ‘gangs’
should be shouldering the burden first, then come asking those who foolishly
trusted them. Why
Social Security is welfare 
(Washington
Post) [ What does it matter what you call it? Part of america’s defacto
bankruptcy? Most assuredly (I haven’t even looked at the Bloomberg propaganda
piece which by its very title is an insult to intelligence; after all, we all
know they can continue to print evermore worthless fiat currency which in
reality does not change the ultimate reality of america’s defacto bankruptcy
but merely exacerbates while forestalling a realistic assessment of the
magnitude of the crisis. The fact is that there are others, culpable in
creating this crisis who should be shouldering the burden first; ie., frauds on
wall street via prosecution, fines, disgorgement; Ellen Bente Oliver
‘Salary
of House/Senate...$174,000. Salary of Speaker of House...$223,500. Salary of
Majority/Minority Leaders...$193,400. Average US Salary...$33,000 to $77,000.
Maybe our elected officials should make an average salary too...It's a time of
sacrifice after all...Pass along, post on your own page if you agree…’ ; SEC
on the hot seat (Washington Post) [ Oooooh! The capital hill hot seat …
shilling for no more than a grilling. House
Republicans press SEC on official's ties to Madoff (Washington Post) [ The
ultimate subterfuge. Mr. small potatoes madoff the focus of so much influence …
yet he’s in jail … and the only one … Boy, did mary shapiro become total b***
s*** fast … the current shibboleth of
capital hill / all 3 branches of pervasively corrupt u.s. government …
joining the others: “The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’ Financialization
and Our Increasingly Unstable Economy Roche ‘I finally got around to seeing
the movie Inside Job, the story behind the credit crisis and winner of the
Academy Award for best documentary. It’s very good and I highly recommend it to
anyone who hasn’t seen it. It will certainly infuriate you. The movie doesn’t
place nearly enough blame on homeowners, but all in all it does an excellent
job of showing how Wall Street and government have become overrun by
deregulation and sheer greed. A combination of flawed economic theory and greed
have combined to create the beast that we now call a “functioning” economy. The
worst part of it all is that President Obama, who vowed change, has done almost
nothing to fix any of it and in fact continues most of the policies that helped
get us here in the first place. …’ ‘INSIDE
JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant
fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with
oscar in hand that not one high level wall street exec has been prosecuted …
despite ‘earning’ billiions from the fraud ), the commentator / experts
recommend getting rid of the corrupt eric holder ( now what do holder and
wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
] Official opens an investigation into
allegations that the agency mishandled potential conflicts of interest in its
response to Madoff's Ponzi scheme.
] Here is how I define a welfare program.
]
While Washington bickers noisily over cutting a small slice of the federal
budget, Sens. Mark Warner, a Virginia Democrat, and Saxby Chambliss, a Georgia
Republican, launch a campaign to convince the public that merely cutting
spending will do little to tame the $14 trillion national debt.
]
] A battle over a proposed free-trade
agreement with Colombia is undercutting U.S.'s pact with South Korea
In
Senate's debt debate, talk isn't cheap
(Washington
Post) [ Oh, but it is cheap! Very cheap relative to the magnitude of the
insurmountable debt … here’s an initial and astute vote of ‘no confidence’ … Drudgereport:
World's biggest bond fund
dumps all U.S. debt... Senate
still wrangling over spending bill 
(Washington
Post) [ Few
signs of compromise on budget details
(Washington
Post) [ Come on … wake up! The cuts they’re quibbling over don’t even cover
interest on the national debt! Timid
Tuesday: Is it Safe? Davis ‘… This is how we
pay off our current debts and I think bondholders are simply happy to get
anything out of a country that admits it owes $15Tn (1/4 of global GDP) but
probably owes closer to $60Tn (entire global GDP) in the form of unfunded
liabilities. The funniest thing about this (and you have to laugh) is to see
Conservative pundits get on TV and talk about how we need to cut $100Bn worth
of discretionary spending to "fix" this (while continuing to spend
$1Tn on the military and $1Tn on tax cuts for the top 1% each year). There is
no fixing this and even a Republican said you can’t fool all of the people all
of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE
CAREFUL OUT THERE! ‘ ] Senate leaders delayed until Wednesday
consideration of a bill to fund the government through Sept.
Wis.
Senate strips workers' bargaining rights Vote
by Republicans bypasses chamber's missing Democrats (Washington
Post) [ Drudgereport: Drudge is reporting, and I think Charlie Sheen would
agree, that in Wisconsin, the GOP is … duh … winning … and conversely, the dems
/ unions are … duh … losers, trolls, etc… just kidding …
Drudgereport: World's
biggest bond fund dumps all U.S. debt...
WI
GOP pushes through union bill...
'ENOUGH
IS ENOUGH'...
Gov.
Walker applauds...
DEMS
SCRAMBLE BACK...
SHOCK:
82% of US schools 'failing'...
Gasoline
cost to jump $700 for avg household...
Libya
Tanks Move In To Crush Rebel Stronghold...
Carnage
in Rebel City...
FOOTAGE:
Libyan war plane shot down...
Obama,
Cameron discuss plan of action...
Hoyer:
No Balanced Budget for 15-20 Years 'We've Dug Such a Deep Hole'...
FLASHBACK:
Larger Than Entire 2007 Deficit...
Treasury
Draws Down Cash Balance...
FEBRUARY DEFICIT: $223 BILLION
FRESHMAN
DEM. SENATOR: OBAMA HAS 'FAILED TO LEAD'...
Mayors to
Unions: 'Dire fiscal straits' without 'dramatic' changes...
Anger
Brews Over Government Workers' Benefits...
UNREST
IN THE MIDWEST: Now Michigan...
WELFARE
NATION: ONE-THIRD OF ALL WAGES ARE HANDOUTS...
ROMNEY:
Obama Misery Index hits record high...
OPEC
VOWS NEW PUMPING...
OIL HOLDS
NEAR $105...
Roubini:
Will Hit $150...
Sheen:
'I'm really starting to lose my mind'... ‘In what appears to be a 180
degree turn around from his daily proclamations of having “tiger’s blood” and
“Adonis DNA,” Charlie Sheen admitted “I’m really starting to lose my mind” in
the new issue of “Life & Style.” The recently fired “Two and a Half Men”
star also reveals his desperation to regain custody of his two young twin sons,
Bob and Max.
ARTICLE: Charlie Sheen Attacks Jon Cryer.
“She can’t keep them from me,” Sheen says of his estranged
wife, Brooke Mueller. “I won’t let her—I’ll do anything to get them
back.”Sheen, 45, who has made four disturbing live web broadcasts from his
compound in Sherman Oaks, CA, admits that even his lawyer, Marty Singer, has
expressed concern about him.
PHOTOS: Charlie Sheen's Long List of Lady Friends.
“My lawyer wants to come over to my house and take the
bullets out of my gun," he told the magazine.A party pal of Charlie’s
tells the magazine, "It's crazy over here at the house—Charlie's losing
it. He's really mad about the show, and dealing with the kids and Brooke is
getting to be too much. Charlie is a ticking time bomb, and we all fear he
could do something drastic like committing suicide or falling back on hard
drugs."
ARTICLE: 'Tiger Blood' Drink Goes On Sale.
Sheen, who appeared on a Beverly Hills rooftop Monday,
brandishing a machete, realizes that his bizarre behavior has many
concerned."I'm really trying to contain myself right now," he said.
ARTICLE: 'Men' Co-Star Is Sheen's Lone Defender.
If that's true, he's not doing a good a job of it, because
Sheen widened his list of targets to include his former "Two and a Half
Men" co-star, Jon Cryer, on Tuesday.Cryer had managed to stay out of the
fray during Sheen's fall from grace at CBS, but his luck ran out.
ARTICLE: Can 'Two and a Half Men' Survive? Just Ask 'Three's
Company.'
"Jon has not called me. He's a turncoat, a traitor, a
troll. Clearly he's a troll," Sheen told E! News. "He issued a
statement. Is it gonna take me calling him a 'traitor, juvenile and scared' for
him to get it?"Cryer has actually not issued an official statement since
Sheen was fired from the hit CBS sitcom “Two-And-A-Half Men” on Monday. But he
may want to issue one now, because Sheen has not stopped ranting about his
enemies since his dismissal, and once you are on his crosshairs, it seems you
never escape.
ARTICLE: Sheen's Kids Could Be Next on Reality Show.
Tuesday night was the latest case in point, as Sheen blasted
his list of hated CBS executives one by one with yet another nonsensical,
barely decipherable scripted screed on Ustream. "A high treason has
occurred. The scales of justice are in a state of radical disarray. Together we
must right this infantile wrong… What happened yesterday was completely and
entirely illegal, unconscionable and to quote my lawyer 'really shi**y shi**y
suck suck'," Sheen, the self-proclaimed “Malibu Messiah,” said before launching
into a strange diatribe in his fourth "Sheen's Korner" webcast, in
which he saved his most savage attacks for producer Chuck Lorre – calling him
everything from a “silly clown,” to “little worm” and “loser.”
Gaddafi forces engage in fierce battle Regime
loyalists in Libya mount assaults to reclaim ground 
(Washington
Post) [ 41 years in power … Hey, when interviewed by Charlie Sheen on SNL he
seemed rather spry …
Sheen's-Korner, Ustream.TV
You're either in Sheen's-Korner or you're with the trolls... [and the big question is which trolls … the
pat_trolls, the con_trolls, the troll_eys, the troll_ups, etc.? ] http://www.ustream.tv/charliesheen Archived Web Site File: http://www.albertpeia.com/Sheen's-Korner,Ustream.TVYou'reeitherinSheen's-Korneroryou'rewiththetrolls.flv (448mb)
(for whatever reason, this file did not open properly in my somewhat
older player and I didn’t have time to download another to determine if the
problem is with the viewer or the file, but will, and will indicate the result
here. )
Here’s SNL’s take on the Sheen webcast
[ This was the first time I’d seen Miley Cyrus in anything and I must
say she is truly a star, albeit a very precocious one; this SNL was absolutely
hilarious across the board! ]
http://www.saturday-night-live.com
Part of the webcast: www.youtube.com/watch?v=HIx4_t26AAs
With neither side able to muster overwhelming
force, the result appeared to be a bloody stalemate, with the death tolls
rising in both east and west.Intense international deliberations come as troops
loyal to Gaddafi continue to besiege the rebel-held city of Zawiyah, 27 miles
west of Tripoli.] The vote comes after a maneuver by GOP members that split the
proposal to curtail union rights from legislation requiring a quorum.
This is the grim economic reality [ http://albertpeia.com/grimreality.htm ]. This manipulated bubble in this secular bear market based on
b*** s*** alone is an especially great opportunity to sell / take profits while
you can since there's much worse to come!
Gaddafi forces engage in fierce battle Regime
loyalists in Libya mount assaults to reclaim ground 
(Washington
Post) [ 41 years in power … Hey, when interviewed by Charlie Sheen on SNL he
seemed rather spry …
Sheen's-Korner, Ustream.TV
You're either in Sheen's-Korner or you're with the trolls... [and the big question is which trolls … the
pat_trolls, the con_trolls, the troll_eys, the troll_ups, etc.? ] http://www.ustream.tv/charliesheen Archived Web Site File: http://www.albertpeia.com/Sheen's-Korner,Ustream.TVYou'reeitherinSheen's-Korneroryou'rewiththetrolls.flv (448mb)
(for whatever reason, this file did not open properly in my somewhat
older player and I didn’t have time to download another to determine if the
problem is with the viewer or the file, but will, and will indicate the result
here. )
Here’s SNL’s take on the Sheen webcast
[ This was the first time I’d seen Miley Cyrus in anything and I must
say she is truly a star, albeit a very precocious one; this SNL was absolutely
hilarious across the board! ]
http://www.saturday-night-live.com
Part of the webcast: www.youtube.com/watch?v=HIx4_t26AAs
] With neither side able to muster overwhelming force, the result appeared to be a bloody stalemate, with the death tolls rising in both east and west.
Obama creates indefinite detention system for
prisoners at Guantanamo Bay 
(Washington
Post) [ Sounds more like fellow failed president/war criminal dumbya bush every
day. Meanwhile, back at the
pervasively corrupt, defacto bankrupt american credit farm (totalitarian
communist china): New
restrictions on foreign journalists Under rules announced after foreign
journalists were physically harassed by security officers, foreign journalists
must have government permission to interview anyone in a public area.]
Gates
successor a quandary for Obama
(Washington
Post) [ Quandary? For ‘wobama the b’
(for b*** s***)? I don’t think so! Like wobama, he or she must speak out of
both sides of his/her mouth, be particularly adept at lying (cia-speak), and
believe in absolutely nothing (no core values/beliefs). Gates says killing of Afghan boys a "setback" (Reuters)
[Ah, yes, riiiiight! … that’s what it is, alright…just a setback…I see. ] Gates: US
military to stay in Afghanistan US
Defense Secretary Robert Gates, who is on a surprise visit to Afghanistan, says
the American military should stay in the conflict-riddled country despite the
rising human costs. Violent
spring looming in Afghanistan (Washington Post) [ See … something to look
forward to … must be that good news that keeps getting pushed back … and spring
no less … everything bombing blooming or in war criminal american-speak …
‘booming’ … but not the defacto bankrupt american economy for which a crash is
‘looming’. Could somebody help me out with a translation of gates’ speech a
west point … I must be missing something … Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly
lost a son to war, but along with the multitude of civilians in the nations
unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by
President General Eisenhower), they died for nothing, for no good reason beyond
the false propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
] American military officials
expect that the Taliban will mount a campaign to regain ground lost to U.S.
troops last year and use suicide bombing teams to strike at those associated
with the Afghan government or coalition forces. ]
Fed Has Convinced Consumers to Re-Leverage [ Sounds
like a plan! … albeit a failed plan ala greenspan … this encore courtesy of ‘’no-recession helicopter ben shalom
bernanke’ … anything for that irrationally exuberant feeling on wall street ….
Bubbles, bubbles, everywhere, but not a bloke to blink. ] Roche ‘Despite
lopsided balance sheets and near record levels of household debt the Fed
appears to have succeeded in convincing American households that it is wise to
begin re-leveraging. The Fed’s latest consumer credit report showed broad
improvement in consumer credit trends (via Econoday):
"Consumer credit outstanding in December rose
$6.1 billion showing, for the first time in the recovery, gains for both
revolving and non-revolving credit. Revolving credit, up $2.3 billion, rose for
the first time in 27 months. Non-revolving credit, reflecting strength in
vehicle sales, extended its run of strength with a gain of $3.8 billion.
Looking ahead to January’s number, there may be some modest help from motor
vehicle sales which edged up 0.6 percent for the month but the amount boosting
consumer credit will depend in part on the share split of sales to consumers
and to businesses."
(Click to enlarge)
As I’ve previously mentioned, this is great news for
the near-term economic outlook. A re-leveraging consumer means more spending,
higher corporate revenues, etc. My hope was that a 10% deficit would result in
consumers continuing to de-leverage, however, that looks like wishful thinking.
Instead, the combination of easy money and no loser capitalism appears to be
setting the foundation for another debt binge. At a level of 115% of
debt:income, this trend is clearly unsustainable, however, the American public
appears intent on sustaining its fiscal imprudence. In short, enjoy the growth,
however, once the deficit shrinks or another asset bubble pops the air is going
to come out of the debt bubble once again and the upside down U.S. consumer
will again be exposed as the imprudent consumer that he/she is...’
Sheen's-Korner, Ustream.TV
You're either in Sheen's-Korner or you're with the trolls... [and the big question is which trolls … the
pat_trolls, the con_trolls, the troll_eys, the troll_ups, etc.? ] http://www.ustream.tv/charliesheen Archived Web Site File: http://www.albertpeia.com/Sheen's-Korner,Ustream.TVYou'reeitherinSheen's-Korneroryou'rewiththetrolls.flv (448mb)
(for whatever reason, this file did not open properly in my somewhat
older player and I didn’t have time to download another to determine if the
problem is with the viewer or the file, but will, and will indicate the result
here. )
Here’s SNL’s take on the Sheen webcast
[ This was the first time I’d seen Miley Cyrus in anything and I must
say she is truly a star, albeit a very precocious one; this SNL was absolutely
hilarious across the board! ]
http://www.saturday-night-live.com
Part of the webcast: www.youtube.com/watch?v=HIx4_t26AAs
Peter King, IRA supporter and enthusiastic
counter-terrorism advocate (Washington Post) [ A neocon; a zionist
with a large jewish constituency; an IRA terrorist supporter; looks a lot like,
bears a striking resemblance to, corrupt dodo dodd former Conn. Senator; in
sum, that can’t be good. Maybe he suffers from a multiple personality disorder.
I mean … wow! Whew! ]
Milbank:
The
subpar lender crisis (Washington
Post) [ It truly is difficult for me to imagine Mr. Milbank as a business
reporter; although, … wall street journal … could fit. I had occasion to know a
successful wall street executive, chairman, institutional brokerage /
investment banking firm, who referred to the wall street journal as ‘total b***
s***’. I don’t think Mr. Milbank needs to refer to an ad hoc experience which
we know and can reasonably infer to be ubiquitous in kind and that they’re all
a bunch of typical american crooks (he wasn’t … but he was an old school risk
seeker long since out of the game). Academy Award winner Ferguson is way ahead:
‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted
massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and
declares with oscar in hand that not one high level wall street exec has been
prosecuted … despite ‘earning’ billiions from the fraud ), the commentator /
experts recommend getting rid of the corrupt eric holder ( now what do holder
and wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
]
Private
hiring spurs drop in jobless rate (Washington Post) [ This is a tab yet to be paid (taxpayer
/ treasury / public) and the costs in money the nation doen’t have for the
political obfuscation will far outway the benefits. (Gallup
Reports Underemployment Surges To 19.9%, February “Jobs Situation
Deteriorates”: As Bad As 2010 On one hand we have the Department of Truth
about to tell tomorrow that NFP based on various seasonal and birth death
adjustments increased by 250,000… Santelli: 'Good' Jobs Report
Has Dark Side... … Denninger ‘ … Summary: The report did not show any material amount of
acceleration; it is, for all intents and purposes, flat. The Household Survey
showed some people going back to work, but in terms of percentage of the
working-age population the needle did not move to any material degree. The
problem continues to be people we don't count as unemployed but in fact are,
and as such the statistical gerrymandering of the results will give both the
left and right something to spin, but in point of fact there's no evidence of an
economy that is recovering it's ability to generate both private income and tax
revenues.’ … ‘ Mason’…Over the past four weeks, the Treasury’s General Account
has dropped by almost $70 billion. Thus, between this account and the
Treasury’s Supplementary Financing Account the Fed has injected almost $170
billion reserves into the banking system in February …’ Gerald
Celente: “There is no recovery — it’s a coverup!” Sic Semper Tyrannis | Celente argues the oil prices have been going up
before the recent chaos in the Middle East. ‘…One other point brought out by
Gerald Celente is the fact that the current puppet regime in the White House is
“cooking the books” on the unemployment numbers and current inflation rates.
They are making their own rules on how to determine inflation rates by leaving
out essential information such as food and fuel prices. The same is being done
with White House unemployment numbers by simply leaving out those who have
given up looking for jobs, as well as other deceptive “carnie” tricks (in
reference to White House spokesperson Carnie) in which he compares the administration
to a traveling carnival act.
In closing,
Celente states:
“… There is no recovery, it’s a coverup. It’s only
being boosted by these low interest rates, which again, when inflation
skyrockets- they’re gonna have to raise them …‘
]
Delusional
for 2012Will: Huckabee and Gingrich are diminishing the GOP.
(Washington Post) [ That’s only if you take them seriously; and, you can’t take
neocons seriously. You know the type … the pro-zionist bush me-toos … and don’t
forget … what could be more diminishing than having failed president ‘wobama
the b’ (for b*** s***) as their putative head. Perma war types all, the
pervasively corrupt america is defacto bankrupt. Drudgereport: Delaware voters say no to
Lobotomy Joe ….. Biden (the self-proclaimed zionist) -- for name of school...
'Wobama’s Where's Waldo?'
Presidency...
All Former U.S. Presidents To
Get Together For TV Special Honoring George H.W. Bush…(How totally pathetic
they are! How embarrassing for NBC!) ... [ Wake up! http://albertpeia.com/bushcrimes.htm ]
Gingrich to announce
exploratory committee 'in 10 days' [ Neo-con Dreamin’! I mean, come on … are
memories so short they don’t recall him being a total hypocrite, zionist
shill, and part of the problem though
to his credit, he’s not a mobster and complete joke as is trump! ]
CHICAGOLAND: Lawmaker
Suggests BOEING'S Contract Win A Result Of Dirty Politics... [ The contract’s with money the nation doen’t really
have anyway; and, the value of the money paid will be worth substantially less
by completion; and, no surprise … Chicago hasn’t changed much from the days of
capone and is rivaled in terms of corruption by such states as jersey, new
york, etc.. ] ‘…“I’m disappointed but not surprised,”
Republican Sen. Richard Shelby said. “Only Chicago politics could tip the
scales in favor of Boeing’s inferior plane. EADS clearly offers the more
capable aircraft.”…’
Rep. Rangel Causes Stir In
Courtroom; Reprimanded By Judge...NEW YORK (CBSNewYork) – Congressman
Charles Rangel caused a stir in court Friday
while trying to lend his support for bail of Afrika Owes.Owes, 17, had been a
student at the prestigious Deerfield Academy in Massachusetts. Prosecutors say
she was also a member of a drug gang that terrorized 137th Street in
Harlem.Owes was one of fourteen
suspected “137th Street Crew” gang members arrested last month.
Prosecutors said the gang used shootings, beatings and robberies to protect
their turf and gain street status on a stretch of West 137th Street. The gang
allegedly openly dealt crack in apartment lobbies, near Harlem Hospital and
near the Abyssinian Baptist
Church. Congressman
Charles Rangel argues for Owes getting bail to Juliet Papa of 1010 WINS
Violent spring looming in Afghanistan (Washington Post) [ See … something to look forward to … must be that good news that keeps getting pushed back … and spring no less … everything bombing blooming or in war criminal american-speak … ‘booming’ … but not the defacto bankrupt american economy for which a crash is ‘looming’. Could somebody help me out with a translation of gates’ speech a west point … I must be missing something … Lt. Gen. John Kelly, who lost son to war, says U.S. largely unaware of sacrifice (Washington Post) [ I disagree! They are very much aware; as they stand in unemployment lines, use food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly lost a son to war, but along with the multitude of civilians in the nations unlucky enough to provide a source of corporate welfare to the military industrial complex and war profiteering for the few (as warned against by President General Eisenhower), they died for nothing, for no good reason beyond the false propaganda. Six NATO troops killed in Afghanistan (Washington Post) [ Is there something wrong with the following picture? … am I missing something? … Gates's warning: Avoid land war in Asia, Middle East, and Africa Christian Science Monitor - In a speech to cadets at the United States Military Academy at West Point, Gates's message was clear: The US military services, as well as the elected and appointed civilians who send them to war, need better ways of foreseeing and preparing for ... Gates Tells US Army to Take New Approach Voice of America Warning Against Wars Like Iraq and Afghanistan New York Times [ Better said, than unsaid; but, methinks a bit late for that in light of pervasively corrupt, defacto bankrupt america’s consummate decline and fall! If only they had listened and not shot at the messenger … things could have been different! ] ] American military officials expect that the Taliban will mount a campaign to regain ground lost to U.S. troops last year and use suicide bombing teams to strike at those associated with the Afghan government or coalition forces. ]
The
TV Column: Charlie Sheen keeps talking; CBS gets in on the conversation
(Washington Post) [Wobama says daffy gaddafi’s time is up, got to go. The
same can be said of wobama et als and his fraudulently failed presidency. Sheen On
Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama (Some
might reflexively, defensively allege drugs (prescription or otherwise) or any
number of the varied personality disorders so prevalent in america … ‘fuzzy,
California laid back thinking’, ‘whatever’… Who knows? ) But, that said,
wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a
total fraud having been elected under false pretenses; viz., his total,
unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover,
there has been some persuasive documentation questioning wobama’s citizenship /
birthplace placing his eligibility to even hold the office of president in
question. Drudgereport: UPDATE: Huckabee claims Obama
grew up in Kenya... The Obama
Nation, by Jerome Corsi
Rezko was corrupt, and supported Obama in many campaigns as well as in
Obama buying his home -- and therefore, according to Corsi, Obama
is corrupt by ...www.ontheissues.org/Obama_Nation.htm ] Amidst the controversy of his wild
interview on the Alex Jones Show yesterday, actor Charlie Sheen wasted little
time in confronting President Barack Obama on his failure to answer Sheen’s
twenty questions concerning 9/11, calling Obama, “a coward in a cheap
suit.” A Government Shut-down Imperils the Power of Congress Paul Craig Roberts | Congress could try to protect
its loss of the power of the purse by impeaching Obama. Drudgereport: WOBAMA 'IMPEACHMENT'
WARNING... ...to announce exploratory
committee 'in 10 days' Globalist Shill
Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More
Of Our Jobs Overseas As Part Of The New One World Economy The other day,
Barack Obama summoned a group of business and labor leaders to the White House
and “challenged” them to come up with some great ideas for creating more jobs
inside the United States. Public
confidence in Obama reaches new low
(Washington Post). Six in 10 Americans lack faith in Obama and hold
lower esteem for members of Congress, according to the latest Washington
Post-ABC News poll. Such stats as this tend to typify scenarios as this where
you break every significant campaign
promise that got you elected, from endless war (ie., Afghanistan, etc.) to not
prosecuting the frauds on wall street, and the growing realization of
‘typical’: Public
confidence in Obama reaches new low
(Washington Post) Six in 10 Americans lack faith in Obama and hold lower
esteem for members of Congress, according to the latest Washington Post-ABC
News poll. Such stats as this tend to typify scenarios as this where you break
every significant campaign promise that
got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting
the frauds on wall street, and the growing realization of ‘typical’:
But
still it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The following youtube video is well worth the look and explains
how and why the frauds on wall street have gotten away with their devastating
fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker, along with the dems. This well
researched / produced video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# For the Same Reason I’ve Included
Here a Web Site Archived FLV
Version of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Cohen: Time
for Arabs to reject anti-semitism (Washington Post) [ Reality check … time
for israelis / jews to reject zionism and all that is entailed therein,
including an alternate reality that defies credulity, rationality, and facts;
such as, a self-rationalizing greed, anti-arab / anti-Christian predisposition
and the ‘Oedipal Effect’ (blowback) engendered thereby. No, Johnny Carson was
not anti-semitic (Fred Silverman), same for Charlie Sheen (Chuck Lorre), etc.
(the list is endless inasmuch as when facts are not on their side, such
specious inflammatory arguments as ‘anti-semitism’, prejudice, are a convenient
subterfuge distracting from their weak position; ie., illegal nukes, war
crimes, ignoring u.n. resolutions, ie., 242, 338, etc., ignoring international
law. At best, no … God did not give them this land … at worst, God took the
land back when they with roman muscle crucified Christ. Balfour was an
arbitrary, incompetent, british joke.).
] ] Article | Tuesday will be known as the day we heard from The
Receiving End of Charlie Sheen's Scorched Earth Media Tour.
Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly
lost a son to war, but along with the multitude of civilians in the nations
unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by
President General Eisenhower), they died for nothing, for no good reason beyond
the false propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
Bernanke:
Fed will respond if oil prices trigger inflation (Washington Post) [ If?
Come on … don’t make me laugh! … Inflation
Is Here – Just Open Up Your Eyes And Look At These 5 Financial Charts! (see infra) Despite what Federal Reserve
Chairman Ben Bernanke says, rampant inflation is officially here. The federal
government is constantly monkeying with the numbers to keep the “official” rate
of inflation below 2 percent, but it is becoming very difficult to deny that
the cost of almost everything is really going up these days. … Merk ‘…While we believe food inflation
will be with us for quite some time and may contribute to an unstable world
possibly for years to come, the Federal Reserve appears to be firmly in the
camp of heavily discounting food inflation. The European Central Bank (ECB), in
contrast, has historically taken commodity inflation more seriously than the
Fed – ECB President Trichet talks about his concern over "second round
effects," i.e., commodity inflation stirring inflation throughout the
value chain.
The relevance of all this is that in the U.S. it’s
business as usual as far as monetary policy is concerned. According to Fed
Chair Bernanke, the U.S. economy must grow at a rate of at least 2.5% per annum
just to keep unemployment stable, however, he has made it clear that he will
pursue policies to boost growth above that level. With oil prices soaring, he
is facing yet another headwind. Rather than mopping up the liquidity that, in
our assessment, has contributed to global commodity inflation, he may be
tempted to keep the printing press in high gear to promote economic growth.
It doesn’t really matter whether we think there is a
crisis. What matters is that the Fed doesn’t think its policies are
contributing to global instability and continues on its expansionary path…’
Jim
Rogers: “Saudi Arabia Is Lying About Being Able To Increase Its Oil Production”
Jim Rogers joins Zero Hedge in being highly skeptical about just how
credible Saudi’s call for a 1MM + boost in its oil supply is: “Saudi Arabia has
been lying about the reserves for decades. Saudi Arabia the last two times said
they are going to increase production and they couldn’t increase production.
Don’t fall for that. ] Federal Reserve chairman says he does not
expect a major impact on consumer prices.
House
Republicans press SEC on official's ties to Madoff (Washington Post) [ The
ultimate subterfuge. Mr. small potatoes madoff the focus of so much influence …
yet he’s in jail … and the only one … Boy, did mary shapiro become total b***
s*** fast … the current shibboleth of
capital hill / all 3 branches of pervasively corrupt u.s. government …
joining the others: “The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’
‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted
massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and
declares with oscar in hand that not one high level wall street exec has been
prosecuted … despite ‘earning’ billiions from the fraud ), the commentator /
experts recommend getting rid of the corrupt eric holder ( now what do holder
and wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL
RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
]
House Republicans ramp up pressure on SEC Chairman Mary Schapiro.
FADE:
OSCAR RATINGS DOWN 10% ...
Injury
Added to Insult... [ In terms of production value (rich in
content in every way), I believe this to be as good and in my view better than
ever as award ceremonies can be without the inimitable Bob Hope. I believe any
falloff can be directly attributable to last year the academy’s egregious
misstep in over-looking ‘Avatar’ / Cameron presaging a similar fate concerning
my clear choice of ‘Inception’ / Nolan ( Truth be told, I’ve yet to see ‘The
King’s Speech’ failing to muster any enthusiasm for seeing a film centered
around a ‘so-called royal’ trying to over-come a speech impediment, albeit a
minor one, regardless of circumstances; viz., stuttering, though I would
concede that it was probably well done. We all know of the problems attendant
to english royal inbreeding…ho hum… I did find ‘The Black Swan’ superb but
attribute same to my own bias and fascination with viewing female ballet
dancing). Bob Hope: Academy Awards,
‘passover’ … very funny! ]
CIVIL
WAR WEEKEND
Armed
pro-Gaddafi gangs roll in Tripoli...
...Shooting
from ambulances...
GRAFFITI
AND BARRICADES...
Gaddafi
vows to crush protesters...
Egypt
protesters dispersed by force...
Al
Qaeda calls for revolt against Arab rulers...
Obama
to Gaddafi: Leave now...
UN
Security Council passes votes to sanction...
Gas
prices surge 17 cents in a week...
Motorist
Calls Police Over Rising Prices...
OBAMA:
CAN WE DRILL NOW?
LONDON
DRIVERS PAYING $9 A GALLON...
Spain
reduces motorway speed limit to save oil...
WOBAMA
'IMPEACHMENT' WARNING... ...to
announce exploratory committee 'in 10 days'
WEST MOVES MILITARY ASSETS AROUND LIBYA
CharlieSheen
Publicist Runs For Hills...
Actor
set to sue CBS for $320M, 'mental anguish'...
The
Legal Letter...
THE
'TODAY' INTERVIEW...
NY
MAG: Madoff on Madoff: The Jailhouse Tapes...
Government
a Ponzi scheme...
CIVIL
WAR WEEKEND...
Anti-Gaddafi
forces widen control...
Take
town 30 miles from Tripoli...
Security
forces defect...
Armed
pro-gangs roll in capital...
...shooting
from ambulances
STUDY:
World's sixth 'mass extinction' may be underway…[Much, much too optimistic
relative to reality] ...
ISRAELI'S
YOUTUBE SPOOF OF GADHAFI CATCHES ON IN ARAB WORLD...
Police
station, state office burning in Oman town...
Tunisia
prime minister resigns...
Gingrich
to announce exploratory committee 'in 10 days' [ Neo-con Dreamin’! I mean, come
on … are memories so short they don’t recall him being a total hypocrite,
zionist shill, and part of the problem
though to his credit, he’s not a mobster and complete joke as is trump! ]
CHICAGOLAND:
Lawmaker Suggests BOEING'S Contract Win A Result Of Dirty Politics... [ The contract’s with money the nation doen’t really
have anyway; and, the value of the money paid will be worth substantially less
by completion; and, no surprise … Chicago hasn’t changed much from the days of
capone and is rivaled in terms of corruption by such states as jersey, new
york, etc.. ] ‘…“I’m disappointed but not surprised,”
Republican Sen. Richard Shelby said. “Only Chicago politics could tip the
scales in favor of Boeing’s inferior plane. EADS clearly offers the more
capable aircraft.”…’
Rep.
Rangel Causes Stir In Courtroom; Reprimanded By Judge...NEW YORK (CBSNewYork) – Congressman
Charles Rangel caused a stir in court Friday
while trying to lend his support for bail of Afrika Owes.Owes, 17, had been a
student at the prestigious Deerfield Academy in Massachusetts. Prosecutors say
she was also a member of a drug gang that terrorized 137th Street in Harlem.Owes
was one of fourteen
suspected “137th Street Crew” gang members arrested last month. Prosecutors
said the gang used shootings, beatings and robberies to protect their turf and
gain street status on a stretch of West 137th Street. The gang allegedly openly
dealt crack in apartment lobbies, near Harlem Hospital and near the Abyssinian Baptist
Church. Congressman Charles Rangel argues for Owes getting bail to
Juliet Papa of 1010 WINS
Stocks
rally(Washington Post) [ Come on! You can’t believe anything these
desperate desparados say! What news, bad or good, don’t the frauds on wall
street rejoice at (you can do that with manipulated cumputerized trading) Drudgereport: Layoffs At Pre-Recession
Level; Job Openings Down 30%...
GALLUP: Unemployment Hits
10.3% in February...
UPDATE: More inconsistencies
found in stimulus job creation claims...
UN: Food prices hit record
high...
Announced Job Cuts 'Rose 20%
From Year Ago'...
This manipulated bubble rally in this secular bear market
based on b*** s*** alone is an especially great opportunity to sell / take
profits while you can since there's much worse to come!
Looking Like A Good Time To Sell Into Strength - Harding ‘Many important global stock markets, including
China, Brazil, India and Hong Kong, have been in fairly significant corrections
since November, down between 12% and 17%. Their major concerns have been rising
inflation and the resulting monetary tightening by their central banks to combat
the inflationary pressures...So was this week’s stumble the beginning of a more
serious correction? The events and reports this week did provide more evidence
that the stock market may be ahead of reality regarding prospects for the
economy, and therefore corporate earnings, going forward, which should at least
limit the market’s upside potential. Limited upside potential equals more
downside risk? It might be wise to lighten up some into strength that may
develop over the next few days during the ‘monthly strength period.’ ] Wall Street rejoices in an unexpected
drop in jobless claims.
Violent
spring looming in Afghanistan (Washington Post) [ See … something to look
forward to … must be that good news that keeps getting pushed back … and spring
no less … everything bombing blooming or in war criminal american-speak …
‘booming’ … but not the defacto bankrupt american economy for which a crash is ‘looming’.
Could somebody help me out with a translation of gates’ speech a west point … I
must be missing something … Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly
lost a son to war, but along with the multitude of civilians in the nations
unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by
President General Eisenhower), they died for nothing, for no good reason beyond
the false propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
] American military officials
expect that the Taliban will mount a campaign to regain ground lost to U.S.
troops last year and use suicide bombing teams to strike at those associated
with the Afghan government or coalition forces.
Public
pension shortfalls could reach $1.5T (Washington Post) [ First, I think
this is a low-ball estimate since it may assume some of the wildeyed
assumptions beyond those being discounted in this figure. Then there’s social
(in)security. Next, there’s the private pension shortfalls, particularly in the
defined benefit plans. Most importantly is the defacto bankruptcy of the nation
and the insurmountable debt / debt service attendant thereto. In sum, without
exaggeration it really is quite a bad picture here beyond the paper fraud /
froth frenzy on fraudulent wall street
which of course has and still remains a significant part of the problem.
Prosecution, fines, disgorgement, well deserved of the frauds on wall street
could significantly help lessen the shortfalls. ] The pension funds for state
and local workers are understating the amount they will owe workers by $1.5T or
more, according to some economists who have studied the issue, meaning that the
benefits are much costlier than many governments thought.
Krauthammer:
Converts
to the Bush Doctrine (Washington Post) [ ‘bush doctrine’? What’s that?
Moronics(http://albertpeia.com/bushisms.htm)
, imbecility, war crimes (http://albertpeia.com/evilonthetarmac.htm
), etc.? Dumbya bush has been nothing less than a one-man wrecking crew,
domestically and internationally and ‘wobama the b’(for b*** s***) has followed
suit. Where do they get the likes of krauthammer on the right, Milbank on the
left, etc.. Wake up! ]
U.S. prepares for possible rise of new
Islamist regimes Revolutions
may bring a more religious cast to Mideast politics (Washington
Post) [ Oh riiiiight! Pervasively corrupt, defacto bankrupt america, the
‘johnny on the spot’ when it comes to being ahead of the events / curve … and
they’re so interested in democratization … as in Saudi Arabia, etc… Egypt,
Serbia, Georgia… The History of US Sponsored “Democratization” There is a
Russian proverb: only a fool learns from his own mistakes. As Georgia’s foreign
minister visits his Egyptian counterpart, there are lessons for Egypt in
similar revolutions in eastern Europe and the ex-Soviet Union. ] Recent
developments have alarmed some who fear that the governments taking shape will
inevitably undercut democratic reforms.
The TV Column: Charlie Sheen keeps talking; CBS gets in on the conversation (Washington Post) [Wobama says daffy gaddafi’s time is up, got to go. The same can be said of wobama et als and his fraudulently failed presidency. Sheen On Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama (Some might reflexively, defensively allege drugs (prescription or otherwise) or any number of the varied personality disorders so prevalent in america … ‘fuzzy, California laid back thinking’, ‘whatever’… Who knows? ) But, that said, wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a total fraud having been elected under false pretenses; viz., his total, unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover, there has been some persuasive documentation questioning wobama’s citizenship / birthplace placing his eligibility to even hold the office of president in question. Drudgereport: UPDATE: Huckabee claims Obama grew up in Kenya... The Obama Nation, by Jerome Corsi Rezko was corrupt, and supported Obama in many campaigns as well as in Obama buying his home -- and therefore, according to Corsi, Obama is corrupt by ...www.ontheissues.org/Obama_Nation.htm ] Amidst the controversy of his wild interview on the Alex Jones Show yesterday, actor Charlie Sheen wasted little time in confronting President Barack Obama on his failure to answer Sheen’s twenty questions concerning 9/11, calling Obama, “a coward in a cheap suit.” A Government Shut-down Imperils the Power of Congress Paul Craig Roberts | Congress could try to protect its loss of the power of the purse by impeaching Obama. Drudgereport: WOBAMA 'IMPEACHMENT' WARNING... ...to announce exploratory committee 'in 10 days' Globalist Shill Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More Of Our Jobs Overseas As Part Of The New One World Economy The other day, Barack Obama summoned a group of business and labor leaders to the White House and “challenged” them to come up with some great ideas for creating more jobs inside the United States. Public confidence in Obama reaches new low (Washington Post). Six in 10 Americans lack faith in Obama and hold lower esteem for members of Congress, according to the latest Washington Post-ABC News poll. Such stats as this tend to typify scenarios as this where you break every significant campaign promise that got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting the frauds on wall street, and the growing realization of ‘typical’: Public confidence in Obama reaches new low (Washington Post) Six in 10 Americans lack faith in Obama and hold lower esteem for members of Congress, according to the latest Washington Post-ABC News poll. Such stats as this tend to typify scenarios as this where you break every significant campaign promise that got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting the frauds on wall street, and the growing realization of ‘typical’:
But
still it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The following youtube video is well worth the look and explains
how and why the frauds on wall street have gotten away with their devastating
fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker, along with the dems. This well
researched / produced video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# For the Same Reason I’ve Included
Here a Web Site Archived FLV
Version of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Cohen: Time
for Arabs to reject anti-semitism (Washington Post) [ Reality check … time
for israelis / jews to reject zionism and all that is entailed therein,
including an alternate reality that defies credulity, rationality, and facts;
such as, a self-rationalizing greed, anti-arab / anti-Christian predisposition
and the ‘Oedipal Effect’ (blowback) engendered thereby. No, Johnny Carson was
not anti-semitic (Fred Silverman), same for Charlie Sheen (Chuck Lorre), etc.
(the list is endless inasmuch as when facts are not on their side, such
specious inflammatory arguments as ‘anti-semitism’, prejudice, are a convenient
subterfuge distracting from their weak position; ie., illegal nukes, war
crimes, ignoring u.n. resolutions, ie., 242, 338, etc., ignoring international
law. At best, no … God did not give them this land … at worst, God took the
land back when they with roman muscle crucified Christ. Balfour was an
arbitrary, incompetent, british joke.).
] ] Article | Tuesday will be known as the day we heard from The
Receiving End of Charlie Sheen's Scorched Earth Media Tour.
Bernanke:
Fed will respond if oil prices trigger inflation (Washington Post) [ If?
Come on … don’t make me laugh! … Inflation
Is Here – Just Open Up Your Eyes And Look At These 5 Financial Charts! (see infra) Despite what Federal Reserve
Chairman Ben Bernanke says, rampant inflation is officially here. The federal government
is constantly monkeying with the numbers to keep the “official” rate of
inflation below 2 percent, but it is becoming very difficult to deny that the
cost of almost everything is really going up these days. … Merk ‘…While we believe food inflation
will be with us for quite some time and may contribute to an unstable world
possibly for years to come, the Federal Reserve appears to be firmly in the
camp of heavily discounting food inflation. The European Central Bank (ECB), in
contrast, has historically taken commodity inflation more seriously than the
Fed – ECB President Trichet talks about his concern over "second round
effects," i.e., commodity inflation stirring inflation throughout the
value chain.
The relevance of all this is that in the U.S. it’s
business as usual as far as monetary policy is concerned. According to Fed
Chair Bernanke, the U.S. economy must grow at a rate of at least 2.5% per annum
just to keep unemployment stable, however, he has made it clear that he will
pursue policies to boost growth above that level. With oil prices soaring, he
is facing yet another headwind. Rather than mopping up the liquidity that, in
our assessment, has contributed to global commodity inflation, he may be
tempted to keep the printing press in high gear to promote economic growth.
It doesn’t really matter whether we think there is a
crisis. What matters is that the Fed doesn’t think its policies are
contributing to global instability and continues on its expansionary path…’
Gerald
Celente: “There is no recovery — it’s a coverup!” Sic Semper
Tyrannis | Celente argues the oil prices have been going up before the
recent chaos in the Middle East. ‘…One other point brought out by Gerald
Celente is the fact that the current puppet regime in the White House is
“cooking the books” on the unemployment numbers and current inflation rates. They
are making their own rules on how to determine inflation rates by leaving out
essential information such as food and fuel prices. The same is being done with
White House unemployment numbers by simply leaving out those who have given up
looking for jobs, as well as other deceptive “carnie” tricks (in reference to
White House spokesperson Carnie) in which he compares the administration to a
traveling carnival act.
In closing,
Celente states:
“… There is no recovery, it’s a coverup. It’s only
being boosted by these low interest rates, which again, when inflation
skyrockets- they’re gonna have to raise them …‘
House
Republicans press SEC on official's ties to Madoff (Washington Post) [ The
ultimate subterfuge. Mr. small potatoes madoff the focus of so much influence …
yet he’s in jail … and the only one … Boy, did mary shapiro become total b***
s*** fast … the current shibboleth of
capital hill / all 3 branches of pervasively corrupt u.s. government …
joining the others: “The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’
‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted
massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and
declares with oscar in hand that not one high level wall street exec has been
prosecuted … despite ‘earning’ billiions from the fraud ), the commentator /
experts recommend getting rid of the corrupt eric holder ( now what do holder
and wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL
RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
]
House Republicans ramp up pressure on SEC Chairman Mary Schapiro.
Christian minorities minister assassinated
(Washington Post) [ Christians, Christianity lumped together with war
criminals, zionists, invaders, plunderers, murderers, etc.. No surprise here.
Winning hearts and minds? I don’t think so … Blowback? Most assuredly: 2 U.S. airmen killed, 2 hurt in
shooting near Frankfurt airport (Post, March
2, 2011); Most U.S. aid to Pakistan
hasn't gotten there yet (Post, March 2, 2011); Clinton: U.S. losing global
public-relations battle - to 'Baywatch' and wrestling (Post, March
2, 2011 Well, I don’t know about baywatch and wrestling, but reality beyond
false propaganda will do it every time) ] Shahbaz
Bhatti is gunned down in the second killing this year of a liberal, senior
government official who had spoken out against the nation's stringent blasphemy
laws.Karzai
condemns deadly NATO airstrike (Washington Post) [ Well, for pervasively
corrupt, defacto bankrupt america, it’s just another of many war crimes. They
just role out the propaganda machine that no one is buying anymore. Yet, can
you believe your eyes and ears here: Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ] A NATO airstrike that Afghan officials
said killed nine children collecting firewood in eastern Afghanistan beccomes
the latest irritant in the tense relationship between President Hamid Karzai
and the international force in the country.
Government
cracks down on employment scams
(Washington Post) [ Yet leave the
biggest, most deleterious scam / fraud unprosecuted. What total b*** s***! House
Republicans press SEC on official's ties to Madoff (Washington Post) [ The
ultimate subterfuge. Mr. small potatoes madoff the focus of so much influence …
yet he’s in jail … and the only one … Boy, did mary shapiro become total b***
s*** fast … the current shibboleth of
capital hill / all 3 branches of pervasively corrupt u.s. government …
joining the others: “The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’
‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted
massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and
declares with oscar in hand that not one high level wall street exec has been
prosecuted … despite ‘earning’ billiions from the fraud ), the commentator /
experts recommend getting rid of the corrupt eric holder ( now what do holder
and wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL
RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To Steal
Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
]
House Republicans ramp up pressure on SEC Chairman Mary Schapiro.
] FTC says companies promised to help people find work but instead took their money.
Oil
soars to more than $100 a barrel on Libyan unrest (Washington Post) [ When
you factor in reality, the worst is yet to come … Gerald
Celente: “There is no recovery — it’s a coverup!” Sic Semper
Tyrannis | Celente argues the oil prices have been going up before the
recent chaos in the Middle East. ‘…One other point brought out by Gerald
Celente is the fact that the current puppet regime in the White House is
“cooking the books” on the unemployment numbers and current inflation rates.
They are making their own rules on how to determine inflation rates by leaving
out essential information such as food and fuel prices. The same is being done
with White House unemployment numbers by simply leaving out those who have
given up looking for jobs, as well as other deceptive “carnie” tricks (in
reference to White House spokesperson Carnie) in which he compares the
administration to a traveling carnival act.
In closing,
Celente states:
“… There is no recovery, it’s a coverup. It’s only
being boosted by these low interest rates, which again, when inflation
skyrockets- they’re gonna have to raise them …‘
The
TV Column: Charlie Sheen keeps talking; CBS gets in on the conversation (Washington
Post) [Wobama says daffy gaddafi’s time is up, got to go. The same can be
said of wobama et als and his fraudulently failed presidency. Sheen On
Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama (Some
might reflexively, defensively allege drugs (prescription or otherwise) or any
number of the varied personality disorders so prevalent in america … ‘fuzzy,
California laid back thinking’, ‘whatever’… Who knows? ) But, that said,
wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a
total fraud having been elected under false pretenses; viz., his total,
unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover,
there has been some persuasive documentation questioning wobama’s citizenship /
birthplace placing his eligibility to even hold the office of president in
question. Drudgereport: UPDATE: Huckabee claims Obama
grew up in Kenya... The Obama
Nation, by Jerome Corsi
Rezko was corrupt, and supported Obama in many campaigns as well as in
Obama buying his home -- and therefore, according to Corsi, Obama
is corrupt by ...www.ontheissues.org/Obama_Nation.htm ] Amidst the controversy of his wild
interview on the Alex Jones Show yesterday, actor Charlie Sheen wasted little
time in confronting President Barack Obama on his failure to answer Sheen’s
twenty questions concerning 9/11, calling Obama, “a coward in a cheap
suit.” A Government Shut-down Imperils the Power of Congress Paul
Craig Roberts | Congress could try to protect its loss of the power of
the purse by impeaching Obama.
Drudgereport: WOBAMA 'IMPEACHMENT'
WARNING... ...to announce exploratory
committee 'in 10 days' Globalist Shill
Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More
Of Our Jobs Overseas As Part Of The New One World Economy The other day,
Barack Obama summoned a group of business and labor leaders to the White House
and “challenged” them to come up with some great ideas for creating more jobs
inside the United States. Public
confidence in Obama reaches new low
(Washington Post). Six in 10 Americans lack faith in Obama and hold
lower esteem for members of Congress, according to the latest Washington
Post-ABC News poll. Such stats as this tend to typify scenarios as this where
you break every significant campaign
promise that got you elected, from endless war (ie., Afghanistan, etc.) to not
prosecuting the frauds on wall street, and the growing realization of
‘typical’: Public
confidence in Obama reaches new low
(Washington Post) Six in 10 Americans lack faith in Obama and hold lower
esteem for members of Congress, according to the latest Washington Post-ABC
News poll. Such stats as this tend to typify scenarios as this where you break
every significant campaign promise that
got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting
the frauds on wall street, and the growing realization of ‘typical’:
But
still it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The following youtube video is well worth the look and explains
how and why the frauds on wall street have gotten away with their devastating
fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker, along with the dems. This well
researched / produced video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# For the Same Reason I’ve Included
Here a Web Site Archived FLV
Version of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Cohen: Time
for Arabs to reject anti-semitism (Washington Post) [ Reality check … time
for israelis / jews to reject zionism and all that is entailed therein,
including an alternate reality that defies credulity, rationality, and facts;
such as, a self-rationalizing greed, anti-arab / anti-Christian predisposition
and the ‘Oedipal Effect’ (blowback) engendered thereby. No, Johnny Carson was
not anti-semitic (Fred Silverman), same for Charlie Sheen (Chuck Lorre), etc.
(the list is endless inasmuch as when facts are not on their side, such
specious inflammatory arguments as ‘anti-semitism’, prejudice, are a convenient
subterfuge distracting from their weak position; ie., illegal nukes, war
crimes, ignoring u.n. resolutions, ie., 242, 338, etc., ignoring international
law. At best, no … God did not give them this land … at worst, God took the
land back when they with roman muscle crucified Christ. Balfour was an
arbitrary, incompetent, british joke.).
] ] Article | Tuesday will be known as the day we heard from The
Receiving End of Charlie Sheen's Scorched Earth Media Tour.
Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I disagree!
They are very much aware; as they stand in unemployment lines, use food stamps
to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly lost a son
to war, but along with the multitude of civilians in the nations unlucky enough
to provide a source of corporate welfare to the military industrial complex and
war profiteering for the few (as warned against by President General
Eisenhower), they died for nothing, for no good reason beyond the false
propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
Locked
in standoff, Gaddafi foes debate foreign airstrikes Opposition leaders consider
requesting foreign intervention (Washington Post) [
Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times ( Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! )
DÉJÀ
VU ALL OVER AGAIN? WHERE’S YOGI WHEN YOU NEED HIM TO EXPLAIN THIS INSANITY:
Chavez:
U.S. distorting situation in Libya ‘to justify an invasion’ CNN | Venezuelan President Hugo Chavez claims U.S.
criticism of Libyan leader Moammar Gadhafi has a clear aim: military invasion.
US tightens
military grip on Gaddafi The Guardian | The west is edging towards a possible military confrontation with
Muammar Gaddafi’s regime.
Obama
Encircles US War Machine Around Libya Paul Joseph Watson | Administration readies to exploit humanitarian
crisis to control Africa’s largest oil producer.
Most
Americans Strongly Oppose U.S. Military Action in Libya According to
Rasmussen, a large majority of Americans agree with the common sense of George
Washington. During his farewell address, the first president of the United
States said the nation should beware of foreign entanglements. ] Issue takes on increasing urgency amid
realization that rebels cannot continue to match the weaponry and firepower of
forces loyal to Gaddafi.
[ (2-26-11
et seq.) Let me state for the record here that my computer has been under
constant viral, hack attack, paralleling prior such foolish, paranoid actions
and let me reiterate: They will be sorry and I won’t forget it! ]
Bernanke
Cautious on Economic Growth as Oil Prices Rise [ In pervasively corrupt,
defacto bankrupt america it’s come to be known all too familiarly as ‘defending
the indefensible’. ] New York
Times | Fed chief again defended the Fed’s large and unprecedented
stimulus program.
Pentagon
Tries to Blame Financial Crisis on Foreign Financial Terrorists [ You just can’t believe the magnitude of the
b*** s*** they try to foist off … financial terrorists who are u.s. citizens
and are collectively called wall street; oh, right, they fly a big american
flag outside the exchange which garners them carte blanche to…rape, pillage,
and plunder with impunity … even as the pentagon’s become singularly talented
at raping, pillaging, and plundering … the 360 tons of $100 bills gone missing
in Iraq is a small example of their talent, and a general previously attested
to the reality that on any given day there’s 2-3 billion floatin’ around the
pentagon. Pervasively corrupt, defacto bankrupt, war criminal america is
pathetic! ] The Pentagon is paying
contractors to claim that it was foreign financial terrorists – instead of
fraud by American financial executives – which caused the 2008 financial
crisis.
Libya’s
Bankers Exposed: Goldman, JP Morgan And Citi Ten days ago, when we first
looked at the Libyan investment authority (its sovereign wealth fund), we asked
“Which US Banks Are Managing Billions For The $32 Billion Libyan Sovereign Wealth
Fund?”
“The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’
‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted
massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and
declares with oscar in hand that not one high level wall street exec has been
prosecuted … despite ‘earning’ billiions from the fraud ), the commentator /
experts recommend getting rid of the corrupt eric holder ( now what do holder
and wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL
RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has promised to hold Wall Street accountable
for the meltdown. ) (see this
film, I strongly recommend the complete documentary – the following is a
preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
Wobama says daffy gaddafi’s time is up, got to go. The same can be said
of wobama et als and his fraudulently failed presidency. Sheen On
Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama (Some
might reflexively, defensively allege drugs (prescription or otherwise) or any
number of the varied personality disorders so prevalent in america … ‘fuzzy,
California laid back thinking’, ‘whatever’… Who knows? ) But, that said,
wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a
total fraud having been elected under false pretenses; viz., his total,
unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover,
there has been some persuasive documentation questioning wobama’s citizenship /
birthplace placing his eligibility to even hold the office of president in
question. Drudgereport: UPDATE: Huckabee claims Obama grew
up in Kenya...
The Obama
Nation, by Jerome Corsi
Rezko was corrupt, and supported Obama in many campaigns as well as in
Obama buying his home -- and therefore, according to Corsi, Obama
is corrupt by ...www.ontheissues.org/Obama_Nation.htm ] Amidst the controversy of his wild
interview on the Alex Jones Show yesterday, actor Charlie Sheen wasted little
time in confronting President Barack Obama on his failure to answer Sheen’s
twenty questions concerning 9/11, calling Obama, “a coward in a cheap
suit.” A Government Shut-down Imperils the Power of Congress Paul
Craig Roberts | Congress could try to protect its loss of the power of
the purse by impeaching Obama.
Drudgereport: WOBAMA 'IMPEACHMENT' WARNING...
...to announce exploratory committee
'in 10 days' Globalist Shill
Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More
Of Our Jobs Overseas As Part Of The New One World Economy The other day,
Barack Obama summoned a group of business and labor leaders to the White House
and “challenged” them to come up with some great ideas for creating more jobs
inside the United States.
Public
confidence in Obama reaches new low (Washington Post). Six in 10 Americans lack faith in Obama and
hold lower esteem for members of Congress, according to the latest Washington
Post-ABC News poll. Such stats as this tend to
typify scenarios as this where you break every significant campaign promise that got you elected, from
endless war (ie., Afghanistan, etc.) to not prosecuting the frauds on wall
street, and the growing realization of ‘typical’: Public confidence in Obama reaches new low (Washington Post) Six in 10 Americans lack
faith in Obama and hold lower esteem for members of Congress, according to the
latest Washington Post-ABC News poll. Such stats as this tend to typify scenarios
as this where you break every significant
campaign promise that got you elected, from endless war (ie.,
Afghanistan, etc.) to not prosecuting the frauds on wall street, and the
growing realization of ‘typical’:
But
still it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The following youtube video is well worth the look and explains
how and why the frauds on wall street have gotten away with their devastating
fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined, and
disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker. This well researched / produced
video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# For the Same Reason I’ve Included
Here a Web Site Archived FLV
Version of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Ethics
code urged for Supreme Court
(Washington Post) [
Sounds like a plan! Come on! Wake up! After all, what can you expect
from two guidos from ‘jersey (alito and scalia, colloquial – note that I have
refrained from using what some might consider disparaging terms as w*p*,
gui***s, or da***s … and let me state for the record that I truly loved and
respected my grandmother who was 100% Italian/Bari,Italy and as well my
grandfather/Lake Como,northern Italy with greek ancestral roots and I thereby
claim standing/right to posit the criticism in light of my direct experience.
). How ‘bout starting with enforcing laws as to judges, liars, etc., within the
very corrupted american illegal system; and, particularly bribes which in one
form or another are rampant . I don’t know about Thomas, but I do know about
alito and ‘jersey … :
October 15, 2010
(*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention
of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that
prosecuted gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he
predicated a retaliatory and spurious contempt proceeding against me
causing substantial damage, and for which he sought Judicial Notice of
those and related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything whatsoever
by the court’s deadline causing creditors and me substantial damages: [
Shiff Order of Dismissal With Prejudice on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met
personally refused to join or file a separate motion to recuse and not
long thereafter left said office for private practice at Cole, Shotz, et
als on retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents, affidavits,
exhibits, including those turned over to FBI Agent Jeff Hayes in Long
Beach, CA, had been given to Assistant U.S. Attorney Jonathan Lacey with
whom I met personally at the U.S. Attorney’s Office in Newark, N.J., at
which time Samuel Alito was U.S. Attorney, and went over said documents
and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there was
no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is
also corrupt (and maybe corrupt because he is inept). After a reasonable
(but still rather short) time I called to determine the status and was
told that Alito was no longer with the Office of the U.S. Attorney, that
he was (appointed) a federal judge, and that neither the documents nor any
file or record of same could be located. Alito did parley the same /
cover-up into quid pro quo direct lifetime appointment to the Court of
Appeals, 3rd circuit, despite the absence of judicial
experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as
well). This is the same Sam Alito that now sits on the purported highest
court in the land. The real application of the illegal rule ‘don’t ask,
don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
] Group of law
professors' appeal comes after controversies involving travel and appearances
at political events by several justices.
Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video from Stansberry and Associates is so well researched and succinctly presented that I’ve archived same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which I believe to be correct. This is a must-view,
must-see that I strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ( 146mb – approx. 1 hr. 17 min. ) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 (
374mb ) Written text of presentation (without
pictures / charts) http://www.albertpeia.com/stansberrypresentation.htm
]
The TV Column: Charlie Sheen keeps talking; CBS gets in on the conversation (Washington Post) [Wobama says daffy gaddafi’s time is up, got to go. The same can be said of wobama et als and his fraudulently failed presidency. Sheen On Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama (Some might reflexively, defensively allege drugs (prescription or otherwise) or any number of the varied personality disorders so prevalent in america … ‘fuzzy, California laid back thinking’, ‘whatever’… Who knows? ) But, that said, wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a total fraud having been elected under false pretenses; viz., his total, unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover, there has been some persuasive documentation questioning wobama’s citizenship / birthplace placing his eligibility to even hold the office of president in question. Drudgereport: UPDATE: Huckabee claims Obama grew up in Kenya... The Obama Nation, by Jerome Corsi Rezko was corrupt, and supported Obama in many campaigns as well as in Obama buying his home -- and therefore, according to Corsi, Obama is corrupt by ...www.ontheissues.org/Obama_Nation.htm ] Amidst the controversy of his wild interview on the Alex Jones Show yesterday, actor Charlie Sheen wasted little time in confronting President Barack Obama on his failure to answer Sheen’s twenty questions concerning 9/11, calling Obama, “a coward in a cheap suit.” A Government Shut-down Imperils the Power of Congress Paul Craig Roberts | Congress could try to protect its loss of the power of the purse by impeaching Obama. Drudgereport: WOBAMA 'IMPEACHMENT' WARNING... ...to announce exploratory committee 'in 10 days' Globalist Shill Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More Of Our Jobs Overseas As Part Of The New One World Economy The other day, Barack Obama summoned a group of business and labor leaders to the White House and “challenged” them to come up with some great ideas for creating more jobs inside the United States. Public confidence in Obama reaches new low (Washington Post). Six in 10 Americans lack faith in Obama and hold lower esteem for members of Congress, according to the latest Washington Post-ABC News poll. Such stats as this tend to typify scenarios as this where you break every significant campaign promise that got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting the frauds on wall street, and the growing realization of ‘typical’: Public confidence in Obama reaches new low (Washington Post) Six in 10 Americans lack faith in Obama and hold lower esteem for members of Congress, according to the latest Washington Post-ABC News poll. Such stats as this tend to typify scenarios as this where you break every significant campaign promise that got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting the frauds on wall street, and the growing realization of ‘typical’:
But
still it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The following youtube video is well worth the look and explains
how and why the frauds on wall street have gotten away with their devastating
fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE FED
PROBE IN BLACK PANTHER CASE... ‘In emotional and personal
testimony, an ex-Justice official who quit over the handling of a voter
intimidation case against the New Black Panther Party accused his former
employer of instructing attorneys in the civil rights division to ignore cases
that involve black defendants and white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker. This well researched / produced
video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# For the Same Reason I’ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Cohen: Time
for Arabs to reject anti-semitism (Washington Post) [ Reality check … time
for israelis / jews to reject zionism and all that is entailed therein,
including an alternate reality that defies credulity, rationality, and facts;
such as, a self-rationalizing greed, anti-arab / anti-Christian predisposition
and the ‘Oedipal Effect’ (blowback) engendered thereby. No, Johnny Carson was
not anti-semitic (Fred Silverman), same for Charlie Sheen (Chuck Lorre), etc.
(the list is endless inasmuch as when facts are not on their side, such
specious inflammatory arguments as ‘anti-semitism’, prejudice, are a convenient
subterfuge distracting from their weak position; ie., illegal nukes, war
crimes, ignoring u.n. resolutions, ie., 242, 338, etc., ignoring international
law. At best, no … God did not give them this land … at worst, God took the
land back when they with roman muscle crucified Christ. Balfour was an
arbitrary, incompetent, british joke.).
] ] Article | Tuesday will be known as the day we heard from The
Receiving End of Charlie Sheen's Scorched Earth Media Tour.
Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly
lost a son to war, but along with the multitude of civilians in the nations
unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by
President General Eisenhower), they died for nothing, for no good reason beyond
the false propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military Academy
at West Point, Gates's message was clear: The US military services, as well as
the elected and appointed civilians who send them to war, need better ways of
foreseeing and preparing for ... Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
Bernanke:
Fed will respond if oil prices trigger inflation (Washington Post) [ If?
Come on … don’t make me laugh! … Merk ‘…While we believe food inflation will be
with us for quite some time and may contribute to an unstable world possibly
for years to come, the Federal Reserve appears to be firmly in the camp of
heavily discounting food inflation. The European Central Bank (ECB), in
contrast, has historically taken commodity inflation more seriously than the
Fed – ECB President Trichet talks about his concern over "second round
effects," i.e., commodity inflation stirring inflation throughout the
value chain.
The relevance of all this is that in the U.S. it’s
business as usual as far as monetary policy is concerned. According to Fed
Chair Bernanke, the U.S. economy must grow at a rate of at least 2.5% per annum
just to keep unemployment stable, however, he has made it clear that he will
pursue policies to boost growth above that level. With oil prices soaring, he
is facing yet another headwind. Rather than mopping up the liquidity that, in
our assessment, has contributed to global commodity inflation, he may be
tempted to keep the printing press in high gear to promote economic growth.
It doesn’t really matter whether we think there is a
crisis. What matters is that the Fed doesn’t think its policies are
contributing to global instability and continues on its expansionary path.
After all, the banks continue to sit on their money and as such, the economy is
certainly not in overdrive. With the exception of social instability spreading
globally, the Fed may be very much on course:
- Bernanke may want a weaker dollar. Unlike his
predecessor, Bernanke embraces the U.S. dollar as a monetary policy tool
to boost economic growth.
- Bernanke wants higher inflation. Having
explicitly called for higher inflation since last August, he has since
praised the progress the market has made in pricing higher than inflation
expectations. The challenge with raising inflation expectations is not
only that it may be difficult to lower those expectations later but that
it is difficult to control where that inflation appears. Bernanke, in our
assessment, needs to get home price to rise and is willing to put up with
rising prices in other areas.
- We often focus on housing as a reason the Fed
wants to boost growth, but we can also focus on WalMart (WMT):
in the 13 weeks that ended 1/29/2010, WalMart’s sales declined 1.2%. Keep
in mind that unlike government statistics, WalMart’s sales are not
inflation adjusted. Also keep in mind that WalMart has been expanding its
produce section in recent years; the section very much exposed to food
inflation. As a result, on a real basis, sales have had rather substantial
declines. Given that WalMart’s sales comprise more than 10% of total U.S.
retail sales, we don’t believe there is such a thing as "company
specific" problems; WalMart’s problems are those of the U.S. economy.
In contrast, the rest of the world is taking steps to
stem inflationary pressures. Russia is the latest country to raise interest
rates, following countries ranging from Sweden to Norway, Canada to Australia
and Korea to China. In the Eurozone, the pairing down of some emergency
facilities (leading to a draining of liquidity; a form of monetary tightening)
and recent hawkish talk suggest interest rates may be raised later this year.
This discussion should clarify that it is perfectly
possible for the world to be in turmoil without the U.S. dollar being a
beneficiary. The focus of this analysis was the perceived status of the U.S.
dollar as a safe haven, as well as implications of food inflation; a small, but
important sliver affecting the U.S. dollar.’
House
Republicans press SEC on official's ties to Madoff (Washington Post) [ The
ultimate subterfuge. Mr. small potatoes madoff the focus of so much influence …
yet he’s in jail … and the only one … Boy, did mary shapiro become total b***
s*** fast … the current shibboleth of
capital hill / all 3 branches of pervasively corrupt u.s. government …
joining the others: “The
Financial Industry Has Become So Politically Powerful That It Is Able To
Inhibit the Normal Process of Justice And Law Enforcement” The economy
cannot stabilize unless fraud is prosecuted. But the folks in D.C. seem
determined to turn a blind eye to Wall Street shenanigans, and is now moving to
defund the enforcement agencies like the SEC and CFTC. Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — ‘Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich…’
‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted
massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and
declares with oscar in hand that not one high level wall street exec has been
prosecuted … despite ‘earning’ billiions from the fraud ), the commentator /
experts recommend getting rid of the corrupt eric holder ( now what do holder
and wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ) (see this film, I strongly recommend the
complete documentary – the following is a preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
]
House Republicans ramp up pressure on SEC Chairman Mary Schapiro.
Locked
in standoff, Gaddafi foes debate foreign airstrikes Opposition
leaders consider requesting foreign intervention (Washington Post) [
Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times ( Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! )
DÉJÀ
VU ALL OVER AGAIN? WHERE’S YOGI WHEN YOU NEED HIM TO EXPLAIN THIS INSANITY:
Chavez:
U.S. distorting situation in Libya ‘to justify an invasion’ CNN | Venezuelan President Hugo Chavez claims U.S.
criticism of Libyan leader Moammar Gadhafi has a clear aim: military invasion.
US tightens
military grip on Gaddafi The Guardian | The west is edging towards a possible military confrontation with
Muammar Gaddafi’s regime.
Obama
Encircles US War Machine Around Libya Paul Joseph Watson | Administration readies to exploit humanitarian
crisis to control Africa’s largest oil producer.
Most
Americans Strongly Oppose U.S. Military Action in Libya According to
Rasmussen, a large majority of Americans agree with the common sense of George
Washington. During his farewell address, the first president of the United
States said the nation should beware of foreign entanglements. ] Issue takes on increasing urgency amid
realization that rebels cannot continue to match the weaponry and firepower of
forces loyal to Gaddafi.
[ (2-26-11)
Let me state for the record here that my computer has been under constant
viral, hack attack, paralleling prior such foolish, paranoid actions and let me
reiterate: They will be sorry and I won’t forget it! ]
Will
‘Chindia’ Rule the World in 2050, or America After All? [ I include this
only because it’s by Evans-Pritchard in light of his prior forthrightness in
reporting what he saw (clinton years, financial crisis pre-blowout, etc.). But
Citigroup and HSBC? Hardly the pictures of Nostradamus gone corporate given their
track records. Even Evans-Pritchard is out of his league here since 2050 is so
optimistically close to the end (remember, decades at best), that such really
matters very little. Disclosure: I haven’t and don’t need to read the article.
] Ambrose
Evans-Pritchard | Citigroup
and HSBC have come up with radically different pictures of what the world will
look like in 2050.
Ethics
code urged for Supreme Court
(Washington Post) [
Sounds like a plan! Come on! Wake up! After all, what can you expect
from two guidos from ‘jersey (alito and scalia, colloquial – note that I have
refrained from using what some might consider disparaging terms as w*p*,
gui***s, or da***s … and let me state for the record that I truly loved and
respected my grandmother who was 100% Italian/Bari,Italy and as well my
grandfather/Lake Como,northern Italy with greek ancestral roots and I thereby
claim standing/right to posit the criticism in light of my direct experience.
). How ‘bout starting with enforcing laws as to judges, liars, etc., within the
very corrupted american illegal system; and, particularly bribes which in one
form or another are rampant . I don’t know about Thomas, but I do know about
alito and ‘jersey … :
October 15, 2010
(*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention
of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that
prosecuted gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he
predicated a retaliatory and spurious contempt proceeding against me
causing substantial damage, and for which he sought Judicial Notice of
those and related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met
personally refused to join or file a separate motion to recuse and not
long thereafter left said office for private practice at Cole, Shotz, et
als on retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents,
affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes
in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan
Lacey with whom I met personally at the U.S. Attorney’s Office in Newark,
N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is
also corrupt (and maybe corrupt because he is inept). After a reasonable
(but still rather short) time I called to determine the status and was
told that Alito was no longer with the Office of the U.S. Attorney, that
he was (appointed) a federal judge, and that neither the documents nor any
file or record of same could be located. Alito did parley the same /
cover-up into quid pro quo direct lifetime appointment to the Court of
Appeals, 3rd circuit, despite the absence of judicial
experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as
well). This is the same Sam Alito that now sits on the purported highest
court in the land. The real application of the illegal rule ‘don’t ask,
don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
] Group of law
professors' appeal comes after controversies involving travel and appearances
at political events by several justices.
Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video from Stansberry and Associates is so well researched and succinctly presented that I’ve archived same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which I believe to be correct. This is a must-view,
must-see that I strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ( 146mb – approx. 1 hr. 17 min. ) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 (
374mb ) Written text of presentation (without
pictures / charts) http://www.albertpeia.com/stansberrypresentation.htm
]
Ohio,
Wisconsin shine spotlight on new union battle (Washington Post) [ The
importance of this article cannot be over-stated in at least its an attempt to
highlight, if not distinguish between the roles of unions in the private sector
versus the public sector, namely government. While in law school evenings, and
working at a law firm during the day, I invariably taught one or two courses
per semester (spring, fall, summer) at a local college in predominantly
finance, management, insurance, and real estate. I used the Drucker text, case
book, materials for management which enabled me to pay close attention to his
quite brilliant thoughts, positions as they continued to evolve (as an
undergrad we used Drucker, who also was consultant to many major corporations).
He was a defender of unions in the private sector, if only to provide an all
encompassing, cohesive, unified group with which management could deal. He also
talked about the need to apply management principles to and manage non-profit
organizations, institutions as, ie., hospitals, schools, etc., and hence by
inference, though he didn’t seem to get to it, governments. They specifically
needed to be managed for performance, which of course, in his approach required
substantial thought in defining mission, goals, objectives, steps in achieving
objectives, and measuring achievement or not of objectives, etc.. Moreover,
raises, compensation, benefits, pensions were never to be automatic, but rather
based upon clearly defined performance, merit, as can be measured. The problem
in pervasively corrupt, defacto bankrupt america particulary is that more,
regardless of performance had, has become an oftimes integrally political thing
determinant of election results. Congress (as well as judiciary, executive
branch-excepting law enforcement) has been among the worst offenders from not
only the perspective of their own ever increasing pay / benefit / compensation
packages despite the nation’s sinking sensation, but as well, their role in
keeping in check the abuses, frauds, crimes in the private sector (ie., wall
street, ceo excessive comp., etc.) which duty they have egregiously shirked.
The bottomline is exactly that; viz., the bottomline. The money’s not there.
The nation, state, local governments in america have not been managed for
performance and are defacto bankrupt in general therefore. States can’t pay
what they don’t have, but there are a lot of those, ie., frauds on wall street,
etc., who should be paying first, whatever it takes! ] The divide between government worker unions
and their opponents highlights a critical aspect of the evolving labor
movement.
Cohen:
Time
for Arabs to reject anti-semitism (Washington Post) [ Reality check … time
for israelis / jews to reject zionism and all that is entailed therein,
including an alternate reality that defies credulity, rationality, and facts;
such as, a self-rationalizing greed, anti-arab / anti-Christian predisposition
and the ‘Oedipal Effect’ (blowback) engendered thereby. No, Johnny Carson was
not anti-semitic (Fred Silverman), same for Charlie Sheen (Chuck Lorre), etc.
(the list is endless inasmuch as when facts are not on their side, such
specious inflammatory arguments as ‘anti-semitism’, prejudice, are a convenient
subterfuge distracting from their weak position; ie., illegal nukes, war
crimes, ignoring u.n. resolutions, ie., 242, 338, etc., ignoring international
law. At best, no … God did not give them this land … at worst, God took the
land back when they with roman muscle crucified Christ. Balfour was an
arbitrary, incompetent, british joke.).
]
U.S.
freezes $30 billion in Libya government assets (Washington
Post) [ The lesson for the Libyan people based upon pervasively corrupt,
defacto bankrupt war crimes nation america’s desperation is … you better watch
that Libyan money closely; after all, look what’s happened to american money in
american hands … totally plundered by the opportunist few! ] Action taken by executive order is largest
blocking under any U.S. sanctions program ever; Clinton announces efforts to
stem humanitarian crisis.
[ (2-26-11)
Let me state for the record here that my computer has been under constant
viral, hack attack, paralleling prior such foolish, paranoid actions and let me
reiterate: They will be sorry and I won’t forget it! ]
Report:
GOP spending plan would cost 700,000 jobs
(Washington Post) [ If everyone was so concerned with the reality that
pervasively corrupt america is defacto bankrupt, they could could begin with
disgorgement of the hundreds of billions in fraudulent gains gotten in their
massive fraud by the frauds on wall street by prosecuting same as falsely
promised by ‘wobama the b’ (for b*** s***) and holder as set forth in Oscar
Winner Ferguson’s Documentary, ‘INSIDE JOB’, see immediately hereafter. After
all, the nation is bankrupt! Don't
cut here (Washington Post) [ If not there … then where? I think people are
totally out-of-touch with the reality of america’s dire circumstances and
impending collapse on as many levels as a nation could face disaster. Denial?
If it were only that simple … Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR (
The instant video from Stansberry and Associates is so well researched
and succinctly presented that I’ve archived same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which not only do I believe to be correct, but are
supported by the unequivocal documented facts. This is a must-view, must-see
that I strongly recommend! The
complete url ( 146 mb – approx. 1 hr. 17 min. ) : http://www.albertpeia.com/stansberrysinvestmentadvisory.flv )
] Topic A: Advocates make the case for funding their favorite
federal programs. [ With what? The nation’s bankrupt: Senate
Democrats draft cuts in domestic agency budgets (Washington Post) [ Do these ‘too little, too late’ so-called
cuts purport to make the nation ‘less bankrupt’? There’s no such thing …
absolutely preposterous! And, Kotlikoff thinks so as well, see immediately hereafter…
] The plan will involve accelerating
some of the $33 billion in program terminations and reductions included in
Obama's proposed budget for next year. When Pretending Fails to Hide
Bankruptcy: Laurence Kotlikoff ( Today in the WashingtonPost.Com ) Feb.
23 (Bloomberg) -- Our country is bankrupt. It’s not bankrupt in 30 years or
five years. It’s bankrupt today…’ ] The
report offers fresh ammunition to Democrats seeking block the plan, which would
slash federal appropriations by $61 billion.
‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted
massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and
declares with oscar in hand that not one high level wall street exec has been
prosecuted … despite ‘earning’ billiions from the fraud ), the commentator /
experts recommend getting rid of the corrupt eric holder ( now what do holder
and wobama have in common … is it wall street money ………… is it a proclivity for
jive-talking / b*** s*** ………all of the above, some of the above ……….. or is it
something else …… here’s a hint - UPDATE:
MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL
RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ‘In emotional and personal testimony, an ex-Justice
official who quit over the handling of a voter intimidation case against the
New Black Panther Party accused his former employer of instructing attorneys in
the civil rights division to ignore cases that involve black defendants and
white victims ...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has promised to hold Wall Street accountable
for the meltdown. ) (see this
film, I strongly recommend the complete documentary – the following is a
preview/summary) http://www.youtube.com/watch?v=ffHFjlqIzKE&feature=related
[Here’s an archived version
’Inside
Job’ New Documentary Exposes Wall Street Fraud And How Banksters Continue To
Steal Our Money
Web site Link / Path to archived file:
http://www.albertpeia.com/insidejob.flv [45mb ]
http://www.albertpeia.com/insidejob.mp4 [ 65mb ] ]
Wobama says daffy
gaddafi’s time is up, got to go. The same can be said of wobama et als and his
fraudulently failed presidency. Sheen On
Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama (Some
might reflexively, defensively allege drugs (prescription or otherwise) or any
number of the varied personality disorders so prevalent in america … ‘fuzzy,
California laid back thinking’, ‘whatever’… Who knows? ) But, that said,
wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a
total fraud having been elected under false pretenses; viz., his total,
unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover,
there has been some persuasive documentation questioning wobama’s citizenship /
birthplace placing his eligibility to even hold the office of president in
question. ] Amidst the controversy of his wild interview on the Alex Jones Show
yesterday, actor Charlie Sheen wasted little time in confronting President
Barack Obama on his failure to answer Sheen’s twenty questions concerning 9/11,
calling Obama, “a coward in a cheap suit.” A Government Shut-down Imperils the Power of Congress Paul Craig Roberts | Congress could try to protect its loss of the
power of the purse by impeaching Obama.
Drudgereport: WOBAMA
'IMPEACHMENT' WARNING... ...to
announce exploratory committee 'in 10 days' Globalist Shill
Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More
Of Our Jobs Overseas As Part Of The New One World Economy The other day,
Barack Obama summoned a group of business and labor leaders to the White House
and “challenged” them to come up with some great ideas for creating more jobs
inside the United States.
Public
confidence in Obama reaches new low (Washington Post). Six in 10 Americans lack faith in Obama and
hold lower esteem for members of Congress, according to the latest Washington
Post-ABC News poll. Such stats as this tend to
typify scenarios as this where you break every significant campaign promise that got you elected, from
endless war (ie., Afghanistan, etc.) to not prosecuting the frauds on wall
street, and the growing realization of ‘typical’: Public confidence in Obama reaches new low (Washington Post) Six in 10 Americans lack
faith in Obama and hold lower esteem for members of Congress, according to the
latest Washington Post-ABC News poll. Such stats as this tend to typify
scenarios as this where you break every significant campaign promise that got you elected, from endless war (ie.,
Afghanistan, etc.) to not prosecuting the frauds on wall street, and the
growing realization of ‘typical’:
But
still it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The following youtube video is well worth the look and explains
how and why the frauds on wall street have gotten away with their devastating
fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker. This well researched / produced
video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# For the Same Reason I’ve Included
Here a Web Site Archived FLV
Version of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Ethics
code urged for Supreme Court
(Washington Post) [
Sounds like a plan! Come on! Wake up! After all, what can you expect
from two guidos from ‘jersey (alito and scalia, colloquial – note that I have
refrained from using what some might consider disparaging terms as w*p*,
gui***s, or da***s … and let me state for the record that I truly loved and
respected my grandmother who was 100% Italian/Bari,Italy and as well my
grandfather/Lake Como,northern Italy with greek ancestral roots and I thereby
claim standing/right to posit the criticism in light of my direct experience.
). How ‘bout starting with enforcing laws as to judges, liars, etc., within the
very corrupted american illegal system; and, particularly bribes which in one
form or another are rampant . I don’t know about Thomas, but I do know about
alito and ‘jersey … :
October 15, 2010
(*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention
of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that
prosecuted gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he
predicated a retaliatory and spurious contempt proceeding against me
causing substantial damage, and for which he sought Judicial Notice of
those and related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met
personally refused to join or file a separate motion to recuse and not
long thereafter left said office for private practice at Cole, Shotz, et
als on retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents,
affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes
in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan Lacey
with whom I met personally at the U.S. Attorney’s Office in Newark, N.J.,
at which time Samuel Alito was U.S. Attorney, and went over said documents
and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the office
of then U.S. Attorney Alito, addressed to him, with assurance they would
go directly to him. In addition to being inept [
I looked in on the one mob case he had brought, bungled, lost (accidently
on purpose?) since I was suing some mob-connected under RICO and the court
(I had known / previously met outside of court the judge Ackerman through
a client) was absolute bedlam and a total joke since incompetent corrupt
Alito brought in all 20 mob defendants (rather than prosecute one or a few
to flip them first) who feigning illness had beds/cots in the courtroom
along with their moans during testimony and had the jury in stitches. As
much as I hate the mob, it truly was funny, if not so tragic.], Alito is also corrupt (and maybe
corrupt because he is inept). After a reasonable (but still rather short)
time I called to determine the status and was told that Alito was no
longer with the Office of the U.S. Attorney, that he was (appointed) a
federal judge, and that neither the documents nor any file or record of
same could be located. Alito did parley the same / cover-up into quid pro
quo direct lifetime appointment to the Court of Appeals, 3rd
circuit, despite the absence of judicial experience or successful tenure
as U.S. Attorney (Maryanne Trump Barry as well). This is the same Sam
Alito that now sits on the purported highest court in the land. The real
application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
] Group of law professors'
appeal comes after controversies involving travel and appearances at political
events by several justices.
Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video from Stansberry and Associates is so well researched and succinctly presented that I’ve archived same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which I believe to be correct. This is a must-view,
must-see that I strongly recommend!
The complete url: http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ( 146mb – approx. 1 hr. 17 min. ) http://www.albertpeia.com/stansberrysinvestmentadvisory.mp4 (
374mb ) Written text of presentation (without
pictures / charts) http://www.albertpeia.com/stansberrypresentation.htm
]
‘The Chicago PMI
for February climbed to a 20-year high of 71.2. It had only ben expected to
come in at 67.5 after a 68.8 reading in January’. [ Come on! Does anyone
take anything coming out chicago capone-land seriously…maybe is the answer if
you’re a fool. ]
Market Crash 2011: It Will Hit by Christmas Farrell,
MarketWatch SAN LUIS OBISPO, Calif.
(MarketWatch) — Politicians lie. Bankers lie. Yes, they’re liars. But they’re
not bad, it’s in their genes, inherited. Their brains are wired that way, warn
scientists. Like addicts, they can’t help themselves. They want to sell stuff,
get rich.
We want to
believe they’re telling us the truth. Silly, huh? Both trapped in this eternal
“dance of death” controlled by programs hidden deep in our brains, telling us
what to do, telling us to ignore facts to the contrary — till it’s too late,
till a new crisis crushes all of us.
Dow ends at 2 1/2-year high
Joe Bel Bruno explains why stocks climbed to
21/2-year highs and extended their winning streak to a third consecutive week.
Psychology offers us a powerful lesson: Our
collective brain is destined to trigger a crash before Christmas 2011. Why?
We’re gullible, keep searching for a truth-teller in a world of liars. And
they’re so clever, we let them manipulate us into acting against our best
interests.
In fact, behavioral science tells us that bankers and
politicians are lying to us 93% of the time. It’s 13 times more likely Wall
Street is telling you a lie than the truth. That’s why they win. Why we lose.
Because our brains are preprogrammed to cooperate in their con game. Yes, we
believe most of their lies.
One of America’s leading behavioral finance gurus,
University of Chicago Prof. Richard Thaler, explains: “Think of the human brain
as a personal computer with a very slow processor and a memory system that is
small and unreliable.” Thaler even admits: “The PC I carry between my ears has
more disk failures than I care to think about.” Easy to manipulate.
Eternal love story: Your brain’s in love with Wall Street’s brain
Thaler’s a quant, speaks mostly in cryptic
algorithmics. So if you really want to know how Wall Street’s con game works on
you, Barry Ritholtz, the financial genius behind “Bailout Nation,” recently
summarized it in the Washington Post: “Humans make all the same mistakes, over
and over again. It’s how we are wired, the net result of evolution. That
flight-or-fight response might have helped your ancestors deal with hungry saber-toothed
tigers and territorial Cro Magnons, but it drives investors to make costly
emotional decisions.”
Humans have something “akin to brain damage,” says
Ritholtz. “To neurophysiologists, who research cognitive functions, the
emotionally driven appear to suffer from cognitive deficits that mimic certain
types of brain injuries. … Anyone with an intense emotional interest in a
subject loses the ability to observe it objectively: You selectively perceive
events. You ignore data and facts that disagree with your main philosophy. Even
your memory works to fool you, as you selectively retain what you believe in,
and subtly mask any memories that might conflict.”
Worse,
there’s no cure.
Your brain needs to believe lies; Wall Street loves telling lies
Examples: USA Today headline: “Average Bull is 3.8
years: We’re not at 2 yet.” More upside. Wall Street loves it. The Wall Street
Journal: “Stock recovery in high gear … S&P500 now speeding toward its next
landmark,” double its March 2009 bottom.
Other lies: Inflation and rate rises won’t push China
and America over the edge into a new bear recession. That one’s real popular in
Wall Street’s echo chamber. Wall Street also cheers every time cable pundits
and journalists repeat their favorite statistic: That stocks rally in the third
year of a presidency, often more than 20%. Yes, Wall Street loves those 93%
lies.
Biggest lie? Wharton’s perennial bull, Jeremy Siegel,
of “Stocks for the Long Run” fame, recently told a TD Ameritrade Institutional
Conference, “There’s nothing but upside to come …the next several years are
going to be good for stocks.”
Yes, one of Wall Street’s favorite co-conspirators is
hypnotizing thousands of our best money managers and advisers into believing
the lie that this bull market will roar indefinitely. Worse, they’ll use that
message to sell naive investors on buying whatever junk Wall Street is selling.
Get the picture? A little conspiracy begins in your
head, a conspiracy between your gullible brain and Wall Street’s con men selling
hype, hoopla and happy-talk. Listen and you’ll lose. Warning: This little
conspiracy is a retirement killer. Remember: It’s odds-on you’re being lied to.
So for a few moments, listen to some highly respected contrarians. They’re
short-selling this conspiracy, betting that 2011 will hit headwinds before
Christmas, turn a cyclical bull rally into a cyclical bear market.
Our brains never learned 2008’s lessons, will fail again in 2011
Remember, we can’t help it. Our brains are defective,
biased, manipulated by unseen forces 93% of the time. So blame all the lies,
lying and liars on our brain wiring. A perfect excuse. Sure, political dogma
and insatiable greed factor into our bizarre mental equations. But your brain
is as susceptible to the “great con” as Ben Bernanke, Henry Paulson, Bernie
Madoff.
Go back a few years: The subprime credit meltdown was
widely predicted years in advance. For example, back in 2007, the IMF’s Chief
Economist, Raghuram Rajan, “delivered a stark warning to the world’s top
bankers: Financial markets were headed for doom. They laughed it off,” said the
Toronto Star. Both Alan Greenspan and Larry Summers were there.
In April 2007, Jeremy Grantham, whose firm manages
$107 billion, also warned investors: “The First Truly Global Bubble: From
Indian antiquities to modern Chinese art; from land in Panama to Mayfair; from
forestry, infrastructure, and the junkiest bonds to mundane blue chips; it’s
bubble time. … Everyone, everywhere is reinforcing one another. … Bursting of
the bubble will be across all countries and all assets … no similar global
event has occurred before.”
We knew a crash was coming, Wall Street laughed.
Call it denial, or lying, or just a brain defect,
late that summer as the meltdown spread like wildfire, shutting down the
economy, our manipulative Treasury Secretary Hank Paulson, a former Goldman
Sachs CEO, told Fortune “this is far and away the strongest global economy I’ve
seen in my business lifetime.” And Fed boss Bernanke was telling us the
subprime crisis was “contained.” Alan Greenspan agreed. He was on tour, making
millions hustling his new book of excuses, delusions and lies, “The Age of
Turbulence.”
Today, just three years later, the market’s just a
shade above its 2000 peak. Adjusted for inflation, Wall Street stocks have lost
roughly 20% of your retirement money the past decade. Get it? Wall Street’s a
big loser the past decade. And they’ll lose another 20% by 2020. Why? Because
93% of what comes from Wall Street is suspect, can’t be trusted.
Warning: Cyclical bull ends in 2011, new cyclical bear roars back
At the beginning of 2011 USA Today reported a
contrarian forecast. Ned Davis Research says the S&P 500 will make a run at
the 2007 high of 1,565, but hit a “midyear peak.” Then it will crash as
interest rates rise. Davis concludes: “The midyear peak could mark the end of
the cyclical bull market that began in March 2009 and the start of a new
cyclical bear market.”
Warning, even though your brain doesn’t want to hear
it, there is a high probability a new cyclical bear market will begin this
summer … and overshadow the 2012 elections.
The Journal’s also warning: “Inflation jitters spread
through emerging markets, prompting China’s central bank to raise interest rate
for the third time in four months amid worries that a drought threatening the
country’s wheat crop will put further pressure on global food prices.”
Wake up America: With commodity prices rising
rapidly, all the bizarre rationalizations Wall Street uses to keep Bernanke’s
interest rates low are rapidly vaporizing. Yes, Ned Davis’ prediction of a bear
will soon be a painful reality.
S&P 500 inflated, worth just 910, get out before it tops 1,500
Grantham also sees inflation and rising interest
rates killing the lies, popping the bubble and ending the rally: “As a simple
rule, the market will tend to rise as long as short rates are kept low. This
seems likely to be the case for eight more months and, therefore, we have to be
prepared for the market to rise and to have a risky bias.”
With $107 billion at stake Grantham better be
concerned. He predicted the 2008 meltdown, now sees a repeat dead ahead: “Be
prepared for a strong market and continued outperformance of everything risky,
but be aware that you are living on borrowed time as a bull.”
Yes, the bubble will pop this year says Grantham: “If
the S&P rises to 1,500, it would officially be the latest in the series of
true bubbles. All of the famous bubbles broke, but only after short rates had
started to rise.”
So keep a close watch on those two tipping points in
your planning, interest rates breaking to the upside and the S&P closing
near 1,500. When inflation pushes interest rates up they’ll choke off this bull
market. If you’re active, better stop chasing higher returns, especially emerging
markets.
Bottom line: In what sounds like a direct shot at
super-bull Jeremy Siegel, Grantham says that GMO’s research warns that “the
market is worth about 910 on the S&P 500, substantially less than current
levels” just above 1,300.
Then Grantham throws his fast ball right down the
middle: “The speed with which you should pull back from the market as it
advances into dangerously overpriced territory this year is more of an art than
a science, but by October 1 you should probably be thinking much more conservatively.”
Translation: Get the heck out of Wall Street’s stock market casino soon, maybe as early as July 4th, and definitely get out by Christmas, because soon all the lies, lying and liars will stop working. ‘
Congress
on course to avert shutdown (Washington Post) [ And just when we thought there was hope … for the
nation … the world … How ‘bout a
massive furlough program for congress, the judiciary, and the executive
branch (except law enforcement). After all, if all of the foregoing along with
the likes of pseudo gov’t / connected fraudulent wall street, etc., are not to
blame for the debacle we now call america, then who is? They are, period,
exclamation point. Massive firings would also do quite satisfactorily! ]
Chinese
authorities block Web site, terms (Washington Post) [ It is bad enough that
China is essentially a totalitarian communist nation, disingenuously relying
upon capitalism for its stellar growth. In light of such and China’s
preoccupation with censorship, it is also clear that it’s not so much China’s
rise as it is pervasively corrupt / defacto bankrupt america’s demise. In other
words, they’re ‘limited’ (by such). But make no mistake, pervasively corrupt,
defacto bankrupt america goes to great lengths in suppressing information,
truth in favor of what’s spewed out by their propaganda machine which is
nonpareil; and then there’s the perpetual illegal wars. ] Chinese authorities continued to tighten
controls on Internet use Friday in the face of murky calls for "jasmine rallies"
to emulate the anti-government protests convulsing the Middle East and North
Africa.
Midwest,
Middle East events threaten U.S.
(Washington Post) [ Come on!
It’s just not there! ‘Seemed’ is the best they can muster and that’s what
they’re shooting for … to fool all of the american people/taxpayers (other than
insiders) all of the time … see here: Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR (
The instant video from Stansberry and Associates is so well researched
and succinctly presented that I’ve archived same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which not only do I believe to be correct, but are
supported by the unequivocal documented facts. This is a must-view, must-see
that I strongly recommend! The
complete url ( 146 mb – approx. 1 hr. 17 min. ) : http://www.albertpeia.com/stansberrysinvestmentadvisory.flv )
] Just when the economic
recovery seemed to gain momentum, two new threats have emerged that could
undermine it.
Don't
cut here (Washington Post) [ If not there … then where? I think people are
totally out-of-touch with the reality of america’s dire circumstances and
impending collapse on as many levels as a nation could face disaster. Denial?
If it were only that simple … Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR (
The instant video from Stansberry and Associates is so well researched
and succinctly presented that I’ve archived same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which not only do I believe to be correct, but are
supported by the unequivocal documented facts. This is a must-view, must-see
that I strongly recommend! The
complete url ( 146 mb – approx. 1 hr. 17 min. ) : http://www.albertpeia.com/stansberrysinvestmentadvisory.flv )
] Topic A:
Advocates make the case for funding their favorite federal programs. [ With
what? The nation’s bankrupt: Senate
Democrats draft cuts in domestic agency budgets (Washington Post) [ Do these ‘too little, too late’ so-called
cuts purport to make the nation ‘less bankrupt’? There’s no such thing …
absolutely preposterous! And, Kotlikoff thinks so as well, see immediately
hereafter… ] The plan will involve
accelerating some of the $33 billion in program terminations and reductions
included in Obama's proposed budget for next year.
When
Pretending Fails to Hide Bankruptcy: Laurence Kotlikoff ( Today in the
WashingtonPost.Com )
Feb.
23 (Bloomberg) -- Our country is bankrupt. It’s not bankrupt in 30 years or
five years. It’s bankrupt today.
Want proof? Look at President Barack Obama’s 2010
budget. It showed a massive fiscal gap over the next 75 years, the closure of
which requires immediate tax increases, spending cuts, or some combination
totaling 8 percent of gross domestic product. To put 8 percent of GDP in
perspective, this year’s employee and employer payroll taxes for Social
Security and Medicare will amount to just 5 percent of GDP.
Actually, the picture is much worse. Nothing in
economics says we should look out just 75 years when considering the
present-value difference between future spending and future taxes. Over the
full long-term, we need an extra 12 percent, not 8 percent, of GDP annually.
Seventy-five years seems like a long enough time to
plan. It’s not. Had the Greenspan Commission, which “fixed” Social Security
back in 1983, focused on the true long term we wouldn’t be sitting here now
with Social Security 26 percent underfunded. The Social Security trustees, at
least, have learned a lesson. The 26 percent figure is based on their infinite
horizon fiscal- gap calculation.
But the real reason we can’t look out just 75 years
is that the government’s cash flows (the difference between its annual taxes
and non-interest spending) over any period of time, including the next 75
years, aren’t well defined. This reflects economics’ labeling problem. If you
use different words to describe the receipts taken in and paid out each year by
the government, you produce entirely different cash flows and an entirely
different fiscal gap measured over any finite horizon.
Matter of Language
It’s only the value of the infinite horizon fiscal
gap that is unaffected by the choice of labels of language. Take this year’s
payroll tax contributions. Let’s call these transfers from workers to Uncle Sam
“borrowing” by the government, rather than “payroll taxes,” since the money
will be paid back as future benefits. If the future payback isn’t in full
(equal to principal plus interest), we can call the difference a “retirement
tax.” Presto! With this change of words, our 2011 deficit of about 10 percent
of GDP is boosted another five points to 15 percent.
With one set of words, taxes are higher now and lower
latter. With the other set of words, the opposite is true. But neither set of
labels makes more economic sense than the other or changes what the government
takes, on balance, from any person or business in any given year.
This is no surprise. The math of economics rules out
an absolute measure of the deficit, just like the math of physics rules out an
absolute measure of time.
Bottom Line
The bottom line, then, is that we need to look at the
infinite-horizon fiscal gap not just for Social Security, but for the entire
federal government. That analysis, based on the Congressional Budget Office’s
long-term alternative fiscal scenario, shows an unfathomable fiscal gap of $202
trillion. And covering this gap requires coming up with the aforementioned 12
percent of GDP, forever.
If this gives you the willies, there’s a ready
narcotic -- the president’s 2012 budget, which shows that most of our long-
term fiscal problem has miraculously disappeared; the fiscal gap isn’t 12
percent of annual GDP. Nor is it 8 percent. It’s now 1.8 percent.
This fantastic improvement in our finances is due,
we’re told, primarily to the Independent Payment Advisory Board. This board, to
be established in 2014 (after the next election, of course) is charged with
recommending cuts to Medicare and Medicaid providers when their costs grow too
fast.
Repealing Cuts
We’ve had laws mandating such cuts for years, and
they are routinely repealed. Indeed, President Obama signed the latest such
repeal last June. But rather than laugh out loud at this cost-control
mechanism, the Medicare trustees, three-quarters of whom were appointed by the
president, assume in their 2010 report that these cuts will be made -- to the dollar.
And the 2012 budget cites the report’s fictional forecast as its authoritative
source.
No one takes the 2010 Medicare trustee report’s
long-run projections seriously, least of all Richard Foster, Medicare’s chief
actuary. Foster added this statement to the end of the report: “The financial
projections shown in this report for Medicare do not represent a reasonable
expectation…in either the short range…or the long range.”
This isn’t the first administration to conceal our
long- term fiscal problem. Back in 1993, Alice Rivlin, then deputy director of
the Office of Management and Budget, asked me and economists Alan Auerbach and
Jagadeesh Gokhale to prepare a long-term fiscal gap/generational accounting for
inclusion in President Bill Clinton’s 1994 budget.
Politics Triumphs
We worked for months on the analysis, but two days
before the budget’s release, the study was excised from the budget. We were
shocked, but, in retrospect, the politics are clear. The Clinton administration
wanted to claim it was fiscally prudent and the study, which showed unofficial
debt growing at enormous rates, showed the opposite.
The fiscal gap’s next near appearance in a
president’s budget was in 2003. Treasury Secretary Paul O’Neill commissioned
Gokhale and Kent Smetters to do the study. It showed a massive $45 trillion
fiscal gap -- not a great basis for pushing tax cuts or introducing the
prescription-drug benefit for seniors, known as Medicare Part D. O’Neill was
ousted on Dec. 6, 2002, and a couple of days later the fiscal-gap study was
discarded.
I’m not sure whether censoring the fiscal gap is more
dishonorable than fudging it. What I do know is that we can’t assume our
problems away and that I expected far better of this president when I voted for
him.
--Editors:
James Greiff, Steven Gittelson’
]
Libyan
ruler clings to power as violence escalates (Washington Post) [ Clings? … As in a tight sweater …
or maybe a straight jacket. Wow! Talk about delusional. ] Regime
opens fire on protesters; Gaddafi calls supporters to arms (Washington Post) [ Pressure
mounts on Gaddafi (Washington Post) [ That he was always a caricature of
sorts, there is no question. That he’s totally burned out, there’s also no
doubt; though they might argue in his defense that so was failed president
dumbya bush … a point well taken … but look at the consequential pathetic state
of pervasively corrupt, defacto bankrupt america … with the unlit torch passed
to failed president wobama the b (for b*** s***) who pretends, or maybe in his
alternate and fake reality just believes it’s lit. That he’s done, also fait
accomplis, after 41 years … who cares. That he’s insane … now that’s quite
another thing with greater worldwide implications, so, daffy… gadaffy…
duck! Gaddafi vows to maintain hold on power Libyan
strongman says he'll fight 'until the last drop of my blood' (Washington Post) [ His latter wish is the
world’s command. ‘Something there is that doesn’t love a dictator, that wants
them down’ … (Excuse me … I was thinking of walls and ‘Mending Wall’, Robert Frost http://albertpeia.com/RobertFrost.htm ). Libya
Internet Shut Down Amid Protests, Per Multiple Reports [ Once again, as in Egypt, this, the
internet, inherently global in nature is the lynchpin, tampering with or
stifling same marking the end of any regime. Let this be a warning; viz., you
cannot put the genie back in the bottle! 41 years? Gadaffy duck should duck
‘cause he’s done. I mean, look at him, he’s the singular equivalent of the
multiple bushes. He’s totally burnt out (as much or more so than dumbya bush or
mubarack) and quite done! ] Reports have emerged late Friday that Libya appears
to have shut down its Internet due to widespread protests, less than a month
after Egypt did the same. ] With rebels
apparently controlling much of the eastern half of the country, the violence
engulfing Libya is already the worst in more than a month of unrest that has
toppled other regimes. ]
He remains defiant even as high-level defections continue to weaken his
government and rebels reportedly seize control of key swaths of nation. American
evacuees describe 'long ordeal' on ferry (Washington Post) [ I’ve included
this headline here, not for the article’s content but rather for the statement
of one of said evacuees on network television news that he was told by the u.s.
embassy that they’d have to fend for themselves and that they’re on their own.
That is an important aspect of the fact-filled video presentation by Stansberry
and Associates, infra, except that that will be the almost unimaginable
position of the u.s. government when the almost unimaginable but inevitable
happens here in pervasively corrupt, defacto bankrupt america. Don’t forget,
they and their’s have plundered this nation, its treasury, people and have use
each branch of this government to do so. I’ve experienced this first-hand in
having to ‘fend for myself’ in what should have been a simple RICO case owing
to the venality of those self-interested in the process (bribes, cover-up of
crimes, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) …..
Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR The instant video from Stansberry and
Associates is so well researched and succinctly presented that I’ve archived
same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which not only do I believe to be correct, but are
supported by the unequivocal documented facts. This is a must-view, must-see
that I strongly recommend! The
complete url ( 146 mb – approx. 1 hr. 17 min. ) : http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ]
Why your local Hospital could soon shut down (Ad) http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC43/PR [ The instant video from Stansberry and
Associates is so well researched and succinctly presented that I’ve archived
same on my website;
also, because the facts and views presented comport with the facts and views
I’ve presented on my site which not only do I believe to be correct, but are
supported by the unequivocal documented facts. This is a must-view, must-see
that I strongly recommend! The
complete url ( 146 mb – approx. 1 hr. 17 min. ) : http://www.albertpeia.com/stansberrysinvestmentadvisory.flv ]
21
Signs That The Once Great U.S. Economy Is Being Gutted, Neutered, Defanged,
Declawed And Deindustrialized Once upon a time… The Economic Collapse Feb 12, 2011 ‘Once upon a time, the United
States was the greatest industrial powerhouse that the world has ever
seen. Our immense economic machinery was the envy of the rest of the
globe and it provided the foundation for the largest and most vibrant middle
class in the history of the world. But now the once great U.S. economic
machine is being dismantled piece by piece. The U.S. economy is being
gutted, neutered, defanged, declawed and deindustrialized and very few of our
leaders even seem to care. It was the United States that once showed the
rest of the world how to mass produce televisions and automobiles and airplanes
and computers, but now our industrial base is being ripped to shreds.
Tens of thousands of our factories and millions of our jobs have been shipped
overseas. Many of our proudest manufacturing cities have been transformed
into “post-industrial” hellholes that nobody wants to live in anymore.
Meanwhile,
wave after wave of shiny new factories is going up in nations such as China,
India and Brazil. This is great for those countries, but for the millions
of American workers that desperately needed the jobs that have been sent
overseas it is not so great.
This is the
legacy of globalism. Multinational corporations now have the choice
whether to hire U.S. workers or to hire workers in countries where it is legal
to pay slave labor wages. The “great sucking sound” that Ross Perot
warned us about so long ago is actually happening, and it has left tens of
millions of Americans without good jobs.
So what is to
become of a nation that consumes more than it ever has and yet continues to
produce less and less?
Well, the
greatest debt binge in the history of the world has enabled us to maintain (and
even increase) our standard of living for several decades, but all of that debt
is starting to really catch up with us.
The American
people seem to be very confused about what is happening to us because most of
them thought that the party was going to last forever. In fact, most of
them still seem convinced that our brightest economic days are still ahead.
After all,
every time we have had a “recession” in the past things have always turned
around and we have gone on to even greater things, right?
Well, what
most Americans simply fail to understand is that we are like a car that is
having its insides ripped right out. Our industrial base is being gutted
right in front of our eyes.
Most Americans
don’t think much about our “trade deficit”, but it is absolutely central to
what is happening to our economy. Every year, we buy far, far more from
the rest of the world than they buy from us.
In 2010, the
U.S. trade deficit was just a whisker under $500 billion. This is money
that we could have all spent inside the United States that would have supported
thousands of American factories and millions of American jobs.
Instead, we
sent all of those hundreds of billions of dollars overseas in exchange for a
big pile of stuff that we greedily consumed. Most of that stuff we
probably didn’t need anyway.
Since we spent
almost $500 billion more with the rest of the world than they spent with us, at
the end of the year the rest of the world was $500 billion wealthier and the
American people were collectively $500 billion poorer.
That means
that the collective “economic pie” that we are all dividing up is now $500
billion smaller.
Are you
starting to understand why times suddenly seem so “hard” in the United States?
Meanwhile,
jobs and businesses continue to fly out of the United States at a blinding
pace.
This is a
national crisis.
We simply
cannot expect to continue to have a “great economy” if we allow our economy to
be deindustrialized.
A nation that
consumes far more than it produces is not going to be wealthy for long.
The following
are 21 signs that the once great U.S. economy is being gutted, neutered,
defanged, declawed and deindustrialized….
#1 The U.S. trade deficit with the rest of the world
rose to 497.8
billion dollars in 2010. That represented a 32.8% increase from 2009.
#2 The U.S. trade deficit with China rose to an
all-time record of 273.1
billion dollars in 2010. This is the largest trade deficit that one
nation has had with another nation in the history of the world.
#3 The U.S. trade deficit with China in 2010 was 27 times
larger than it was back in 1990.
#4 In the years since 1975, the United States had run a
total trade deficit of
7.5 trillion dollars with the rest of the world.
#5 The United States spends more
than 4 dollars on goods and services from China for every one dollar that
China spends on goods and services from the United States.
#6 In 1959, manufacturing represented 28 percent of all U.S. economic
output. In 2008, it represented only 11.5 percent and it continues to
fall.
#7 The number of net jobs gained by the U.S. economy
during this past decade was smaller than during any other
decade since World War 2.
#8 The Bureau of Labor Statistics originally predicted
that the U.S. economy would create approximately 22 million jobs during the
decade of the 2000s, but it turns out that the U.S. economy only produced about 7 million jobsduring
that time period.
#9 Japan now manufactures about 5 million more
automobiles than the United States does.
#10 China has now become the world’s largest
exporter of high technology products.
#11 Manufacturing employment in the U.S. computer
industry is actually lower in 2010 than
it was in 1975.
#12 The United States now has 10 percent fewer “middle class jobs” than it did
just ten years ago.
#13 According to Tax Notes,
between 1999 and 2008 employment at the foreign affiliates of U.S.
parent companies increased an astounding 30 percent to 10.1 million.
During that exact same time period, U.S. employment at American multinational
corporations declined 8 percent to 21.1 million.
#14 Back in 1970, 25 percent of all jobs in the United
States were manufacturing jobs. Today, only 9 percent of the jobs in the United
States are manufacturing jobs.
#15 Back in 1998, the United States had 25 percent of
the world’s high-tech export market and China had just 10 percent. Ten years
later, the United States had less than 15 percent and China’s share had soared to 20 percent.
#16 The number of Americans that have become so
discouraged that they have given up searching for work completely now
stands at an all-time high.
#17 Half of all American workers now earn $505 or less per week.
#18 The United States has lost a staggering 32 percent
of its manufacturing jobs since the year 2000.
#19 Since 2001, over 42,000 U.S. factories have closed
down for good.
#20 In 2008, 1.2 billion cellphones were sold
worldwide. So how many of them were manufactured inside the United
States? Zero.
#21 Ten years ago, the “employment rate” in the United
States was about 64%. Since then it
has been constantly declining and now the “employment rate” in the United
States is only about 58%. So where
did all of those jobs go?
The world is
changing.
We are
bleeding national wealth at a pace that is almost unimaginable.
We are
literally being drained dry.
Did you
know that
China now has the world’s fastest train and the world’s largest high-speed
rail network?
They were able
to afford those things with all of the money that we have been sending them.
How do you
think all of those oil barons in the Middle East became so wealthy and could
build such opulent palaces?
They got rich
off of all the money that we have been sending them.
Meanwhile,
once great U.S. cities such as Detroit, Michigan now look like war zones.
Back in 1985,
the U.S. trade deficit with China was about 6 million dollars for the entire
year.
As mentioned
above, the U.S. trade deficit with China for 2010 was over 273billion
dollars.
What a
difference 25 years can make, eh?
What do you
find when you go into a Wal-Mart, a Target or a dollar store today?
You find row
after row after row of stuff made in China and in other far away countries.
It can be more
than a bit difficult to find things that are actually made inside the United
States anymore. In fact, there are quite a few industries that have
completely and totally left the United States. For certain product
categories it is now literally impossible to buy something made in America.
So what are we
going to do with our tens of millions of blue collar workers?
Should we just
tell them that their jobs are not ever coming back so they better learn phrases
such as “Welcome to Wal-Mart” and “Would you like fries with that”?
For quite a
few years, the gigantic debt bubble that we were living in kind of insulated us
from feeling the effects of the deindustrialization of America.
But now the pain
is starting to kick in.
It has now
become soul-crushingly
difficult to find a job in America today.
According
to Gallup, the U.S. unemployment rate is currently 10.1% and when you throw
in “underemployed” workers that figure rises to 19.6%.
Competition
for jobs has become incredibly fierce and it is going to stay that way.
The great U.S.
economic machine is being ripped apart and dismantled right in full view of us
all.
This is not a
“conservative” issue or a “liberal” issue. This is an American issue.
The United
States is rapidly being turned into a “post-industrial” wasteland.
It is time to
wake up America.’
This is
that unmentionable reality as I alluded to earlier on close scrutiny of the
data, ‘that stock prices have been manipulated to the upside beyond any and all
rational basis‘ and as I previously wrote: Perception vs. Reality: Four Reasons to Remain Cautious on U.S.
Equities [ Hey, Abbott … That’s Lou
Costello calling him from the other side … Wake up! … Just kidding … but I’m
not kidding when I say that contrary to Abbott’s view, infra, if you’re not a
successful market timer you should rethink your position as an equity investor.
Moreover, in contradistinction to Mr. Abbott’s implication, if you’re not a
successful speculator (there are very few), you should rethink your position as
a short seller: reason…, you could be wiped out, lose more than your principal,
forced to cover (that’s why
the same is considered a contrary market indicator, particularly in these
manipulated, contrived markets). When I did my MBA thesis (1977, NYU, GBA,
Eve.Prog., Finance), a review of the data revealed even then (and much more so
now with computer programmed market manipulation) that the market remained
biased / propped up (artificially, especially now with computerized
manipulation) to the upside for far longer periods of time than for the
downside which meant that dollar-cost averaging (through regular, periodic
investment, for example), meant you were accumulating shares at higher prices
generally for longer periods of time skewing the average cost to the upside
(dollar-cost-averaging in declining markets was ok if analysis / forecast saw
resurgence based on fundamentals - now absent – which is timing, as even senile
wall street / gov’t shill Buffet would attest, that ‘greedy when others are
fearful thing’). Abbott discusses perception which is the psychological factor
involved in security evaluation / analysis; but investors need not and should
become nuts themselves, particularly when as now, the inmates are running the
asylum. ] Abbott ‘Perception
determines short-term market movements. The difference between perception and
reality determines the direction of major market trends. Though I generally try
to avoid making macro prognostications, I believe bottom-up analysis can be
informative about the current level of stock prices. I want to share what my
recent work tells me about where stocks are (and where they might be headed). I
will outline some various nuggets of collective wisdom that are taken for
granted right now by stock bulls, and I will attempt to demonstrate how reality
is likely to differ from these perceptions.
First, a disclaimer.
This is not a market timing call. At all times, I stay away from market timing
predictions. I think that's a loser's game in the long run. Even if I'm correct
about the discrepancies between the following perceptions and realities,
there's no saying when people will change their minds or shift their focuses.
That said, let's dive in.
Perception
vs. Reality #1
Perception: Low Interest Rates, Questionable Bond Outlook Means Stocks are
Attractive
Reality: Interest Rates Are Being Artificially and Deliberately Manipulated
It's no secret
that the Federal Reserve's low interest rate policy and quantitative easing
efforts have held interest rates very low for very long. However, when people
talk about stock market implications of bond yields, they rarely mention the
fact that bond yields are artificially low. In an unmanipulated
market, bond prices and stock valuations should be related, but I regard that
connection as highly dubious right now. Investors who say that stocks deserve
higher multiples (lower earnings yields) because bond yields are so low may
well be setting themselves up for disappointing returns/frustrating losses when
bond prices normalize. Again, this isn't a market timing call, and yields may
remain low for quite some time. But, eventually this discrepancy will correct
itself, and stock performance is likely to suffer at that time.
Perception
vs. Reality #2
Perception: Earnings Growth Has Been Strong and Will Remain That Way
Reality: Top-Line Growth Will Have to Pick Up; Cost-Cutting has Run Its
Course
Earnings growth
has certainly been robust, but much of the strength has come from companies
running lean cost structures and wringing as much efficiency as possible out of
their employees and their assets. Though the recession has ended, the economy
is not yet healthy enough to fuel strong sales growth. Companies can only boost
profits by cutting costs and increasing productivity for so long. Therefore,
top-line growth will have to play a larger role going forward than it has over
the past 4-6 quarters. Whether or not economic growth is strong enough to drive
revenue increases is unsure, but the current level of stock prices undoubtedly
assumes it is. Any stagnation of the recovery and concomitant sluggish sales
will likely hit stock prices.
Perception
vs. Reality #3
Perception: European Debt Crisis Drives Short-Term Volatility, but It's Not
a Long-Term Concern
Reality: Crisis May Be a Harbinger of What's to Come in the U.S. if States,
the Feds Don't Improve Balance Sheets
So far, turmoil
in Greece and Ireland has served only as a temporary headwind to U.S. stocks.
In keeping with the investment world's increasingly short-term focus, people
seem more concerned with what fiscal crises in Europe mean for U.S. stocks over
the coming days and months than with what they might mean down the road. I
believe that this interpretation misses the mark. Since the U.S. fiscal
situtation is generally considered to be stronger than that in many European
countries, U.S. federal and municipal debt issuance has been relatively smooth,
and interest rates have only risen modestly. If the U.S. doesn't get serious
about its fiscal woes, eventually the crisis will arrive on American shores.
There's no way of telling when this might happen, but the current level of
stock prices seems to imply that it never will.
Here's the
problem with that. To fix the federal balance sheet and/or to improve state and
municipal balance sheets, legislators will have to raise taxes and/or cut
spending. Tax hikes and spending cuts both reduce consumer spending. This hurts
growth. There's no way around this. Stocks can certainly continue to rise for
some time, but austerity will be bearish if/when it comes. If it doesn't come,
we're in for a much bigger crisis some time down the road.
Perception
vs. Reality #4
Perception: Everywhere You Look, You See Good Companies at Cheap Prices
Reality: It's Hard to Find Genuine Bargains, but There are Intriguing Short
Prospects Everywhere
There is no
shortage of stock market commentators who claim that they see bargains
everywhere they look. Perhaps I'm not looking in the right places, but I've
been having a difficult and increasingly impossible time finding good companies
at reasonable prices. I use similar criteria to assess long and short
investments, and I find intriguing shorts in lots of sectors right now. This
tells me that valuations are stretched. Certainly they can become more so
before we get a selloff, but every day that stocks rally, they get more
expensive.
I've written on Seeking
Alpha about a number of stocks which I regard as expensive (CRM, OPEN, GMCR), and take my word for it:
there are plenty more than these whose shares I do not want to own at present
levels. A few weeks ago, I also mused about the Facebook-Goldman deal and
argued that this valuation is indicative of excessive investor enthusiasm.
Bargains are hard to find, and as valuations go up, so does positive sentiment.
While this is not a prediction of an impending correction or bear market, it is
a message of caution for people who think stocks are cheap right now.
All that said, I always try to consider both sides of any investment issue, and there are some reasons for optimism. Job growth has shown signs of improvement, and some economic data have been increasingly (though not uniformly) positive. The Federal Reserve remains accommodative, and I'm skeptical about whether or not there is political will for austerity. For these reasons, stocks could continue onward and upward. That said, I see too many reasons for caution, and investors are turning a blind eye to these concerns as their complacency rises.’
12
Economic Collapse Scenarios That We Could Potentially See In 2011 What
could cause an economic collapse in 2011? Well, unfortunately there are quite a
few “nightmare scenarios” that could plunge the entire globe into another
massive financial crisis.
The Economic Collapse Jan
20, 2011 ‘What could cause an economic collapse in 2011? Well, unfortunately
there are quite a few “nightmare scenarios” that could plunge the entire globe
into another massive financial crisis. The United States, Japan and most
of the nations in Europe are absolutely drowning in debt. The Federal
Reserve continues to play reckless games with the U.S. dollar. The price
of oil is skyrocketing and the global price of food just hit a new record
high. Food riots are already breaking out all over the world.
Meanwhile, the rampant fraud and corruption going on in world financial markets
is starting to be exposed and the whole house of cards could come crashing down
at any time. Most Americans have no idea that a horrific economic
collapse could happen at literally any time. There is no way that all of
this debt and all of this financial corruption is sustainable. At some
point we are going to reach a moment of “total system failure”.
So will it be
soon? Let’s hope not. Let’s certainly hope that it does not happen
in 2011. Many of us need more time to prepare. Most of our families
and friends need more time to prepare. Once this thing implodes there
isn’t going to be an opportunity to have a “do over”. We simply will not
be able to put the toothpaste back into the tube again.
So we had all
better be getting prepared for hard times. The following are 12 economic
collapse scenarios that we could potentially see in 2011….
#1 U.S. debt could become a massive crisis at any
moment. China is saying all of the right things at the moment, but many
analysts are openly worried about what could happen if China suddenly
decides to start dumping all of the U.S. debt that they have
accumulated. Right now about the only thing keeping U.S. government
finances going is the ability to borrow gigantic amounts of money at extremely
low interest rates. If anything upsets that paradigm, it could
potentially have enormous consequences for the entire world financial system.
#2 Speaking of threats to the global financial system,
it turns out that “quantitative easing 2″ has had the exact opposite
effect that Ben Bernanke planned for it to have. Bernanke insisted that
the main goal of QE2 was to lower interest rates, but instead all it has done
is cause interest rates to go up substantially.
If Bernanke this incompetent or is he trying to mess everything up on purpose?
#3 The debt bubble that the entire global economy is
based on could burst at any time and throw the whole planet into chaos. According
to a new report from the World Economic Forum, the total amount of credit
in the world increased from $57 trillion in 2000 to $109 trillion in
2009. The WEF says that now the world is going to need another $100
trillion in credit to support projected “economic growth” over the next
decade. So is this how the new “global economy” works? We just keep
doubling the total amount of debt every decade?
#4 As the U.S. government and the Federal Reserve
continue to pump massive amounts of new dollars into the system, the floor
could fall out from underneath the U.S. dollar at any time. The truth is
that we are already starting to see inflation really accelerate and everyone
pretty much acknowledges that official U.S. governments figures for inflation
are an absolute joke. According
to one new study, the cost of college tuition has risen 286% over the last
20 years, and the cost of “hospital, nursing-home and adult-day-care services”
rose 269% during those same two decades. All of this happened during a
period of supposedly “low” inflation. So what are price increases going
to look like when we actually have “high” inflation?
#5 One of the primary drivers of global inflation
during 2011 could be the price of oil. A large number of economists are
now projecting that the price of oil could surge well
past $100 dollars a barrel in 2011. If that happens, it is going to
put significant pressure on the price of almost everything else in the entire
global economy. In fact, as
I have explained previously, the higher the price of oil goes, the faster
the U.S. economy will decline.
#6 Food inflation is already so bad in some areas of
the globe that it is setting off massive food riots
in nations such as Tunisia and Algeria. In fact, there have been reports
of people setting themselves on fire all
over the Middle East as a way to draw attention to how desperate they
are. So what is going to happen if global food prices go up another 10 or
20 percent and food riots spread literally all over the globe during 2011?
#7 There are persistent
rumors that simply will
not go away of massive physical gold and silver shortages. Demand for
precious metals has never been higher. So what is going to happen when
many investors begin to absolutely insist on physical delivery of their
precious metals? What is going to happen when the fact that far, far, far
more “paper gold” and “paper silver” has been sold than has ever actually
physically existed in the history of the planet starts to come out? What
would that do to the price of gold and silver?
#8 The U.S. housing industry could plunge the U.S.
economy into another recession at any time. The real estate market is
absolutely flooded with homes and virtually nobody is buying. This
massive oversupply of homes means that the construction of new homes has fallen
off a cliff. In 2010, only
703,000 single family, multi-family and manufactured homes were
completed. This was a new record low, and it was down 17% from the
previous all-time record which had just been set in 2009.
#9 A combination of extreme weather and disease could
make this an absolutely brutal year for U.S. farmers. This winter we have
already seen thousands of new cold weather and snowfall records set across the
United States. Now there is some very disturbing news emerging out of
Florida of an “incurable
bacteria” that is ravaging citrus crops all over Florida. Is there a
reason why so many bad things are happening all of a sudden?
#10 The municipal bond crisis could go “supernova” at
any time. Already, investors are bailing out of bonds at a frightening
pace. State and local government debt is now sitting at an all-time high
of 22
percent of U.S. GDP. According to Meredith Whitney, the municipal
bond crisis that we are facing is a gigantic threat to our financial system….
“It has
tentacles as wide as anything I’ve seen. I think next to housing this is the
single most important issue in the United States and certainly the largest
threat to the U.S. economy.”
Former Los Angeles mayor Richard Riordan is convinced
that things are so bad that literally 90% of our states and cities could go
bankrupt over the next five years….
#11 Of course on top of everything else, the quadrillion
dollar derivatives bubble could burst at any time. Right now we are
watching the greatest financial
casino in the history of the globe spin around and around and around and
everyone is hoping that at some point it doesn’t stop. Today, most money
on Wall Street is not made by investing in good business ideas. Rather,
most money on Wall Street is now made by making the best bets.
Unfortunately, at some point the casino is going to come crashing down and the
game will be over.
#12 The biggest wildcard of all is war. The Korean
peninsula came closer to war in 2010 than it had in decades. The Middle
East could literally explode at any time. We live in a world where a
single weapon can take out an entire city in an instant. All it would
take is a mid-size war or a couple of weapons of mass destruction to throw the
entire global economy into absolute turmoil.
Once again,
let us hope that none of these economic collapse scenarios happens in 2011.
However, we
have got to realize that we can’t keep dodging these bullets forever.
As bad as 2010
was, the truth is that it went about as good as any of us could have
hoped. Things are still pretty stable and times are still pretty good
right now.
But instead of
using these times to “party”, we should be using them to prepare.
A really, really vicious economic storm is coming and it is going to be a complete and total nightmare. Get ready, hold on tight, and say your prayers.’
Poor
Recovery: The Problem Is Institutional [ Well it’s true that the problem is
institutional as in pervasively corrupt, incompetent, nonproductive in real
terms relative to their cost / damage (still no pros on the wall street fraud
which is ongoing in terms of the last crisis, the worthless paper marked to
anything, and the current bubble fraud that’s high-frequency computerized
churn-and-earn high-frequency commissioned / sold into, 360 tons of $100 bills
disappear in Iraq, etc.. What do they get paid for?) ( Peter
Schiff: Washington a parasite to economy ‘US
foreclosures hit record highs in 2010, but that may not be the worst of it.
2011 may be even worse. Meanwhile, JP Morgan Chase exceeded market
expectations, announcing a 47% rise in quarterly profits and released details
on a $28.1 billion pay and bonus pool. Peter Schiff, the President of Euro
Pacific Capital said Washington and Wall Street are becoming one force and are
sucking the underlying American dry like a parasite’.); but the problem
is structural, as in transfer of jobs, industries, etc. (among the sources of
the huge over-compensation to wall street, company executives), never to return
in any meaningful sense; and as in the defacto bankruptcy of the nation with
insurmountable record debt / deficits or stated another way, broke. Unlike in
the past, once beyond the propaganda, rhetoric, and smoke and mirrors /
obfuscation, there is no prospective way for america to grow its way out, nor
are there funds in real money with which to do it. Quite simply, america’s
broke / bankrupt in every which way. ]
Loundsbury ‘Harold Meyerson, Op Ed Columnist at The Washington Post,
has hit the nail right on the head, in the opinion of GEI. Meyerson
says the debate about whether the recession and poor recovery is a cyclical
problem or a structural problem is misguided. He says the problem is
institutional - - - and is he ever right!
In a column
last week, Myerson points out that the devastation of The Great Recession has
fallen disproportionately on the blue collar population, those without a
college degree. And he traces the rolling over of median family income in this
century, not just in the downturn, but since the turn of the century. Even at
the peak, in 2007, median family income was less than in 2000.
What Meyerson
doesn't point out is that average incomes have faired better in the 21st
century and in all of the past 50 years. In fact, average family income has
risen more than 2.5 times as much and median income over the last 30 years. Why
is this important? Because the more there is a fat tail of ever higher incomes
for a few, the greater the difference between average and median income
becomes.
Myerson says:
The great sociologist William
Julius Wilson has long argued that the key to the
unraveling of the lives of the African American poor was the decline in the
number of "marriageable males" as work disappeared from the inner
city. Much the same could now be said of working-class whites in neighborhoods
that may not look like the ghettos of Cleveland or Detroit but in which
productive economic activity is increasingly hard to find.
This grim new reality has yet to inform our debate
over how to come back from this mega-recession. Those who believe our downturn
is cyclical argue that job-creating public spending can restore us to
prosperity, while those who believe it's structural - that we have too many
carpenters, say, and not enough nurses - believe that we should leave things be
while American workers acquire new skills and enter different lines of work.
But there's a third way to look at the recession: that it's institutional, that
it's the consequence of the decisions by leading banks and corporations to stop
investing in the job-creating enterprises that were the key to broadly shared
prosperity.
Since Meyerson has chosen income disparity as a
cornerstone of his argument, let's look at how incomes have grown over the last
50 years. These are shown in the following graph, not adjusted for inflation.
click to enlarge images [chart]
Real median income and average income seem to grow
similarly in the 1950s and 1960s, the growth of average income starts to pull
away in the mid-1960s and appears to continue to gain gound for the the next
40+ years. The more average income deviates from median income the more money
is found in the high income tail on the distribution curve. This is often
called a "fat tail", which is very appropriate in this discussion
because that is where the fat cats are. The fat tail has not gotten so because ten
times as many people equaled the incomes of the former fat cats, but more
because a few fat cats have received 10 times the income. This is exemplified
by the often quoted statistic that average CEO salaries were 40x average worker
pay 50 years ago and today are more like 400x.
The change income distribution that seems to be
appearing in the above graph becomes more apparent in the following graph where
real income gains are shown for the last six decades starting with the ten
years from 1949 - 1959 (the 1950s) and ending with 1999 - 2009 (the 2000s). [chart]
The 1950s and 60s were real boom years. Starting with
the 1970s a lower level of income growth was established, but even that lower
level could not be maintained in the 2000s.
After the 1950s every decade has seen average real
income grow more than the median. The fat tail has gotten fatter over the past
half century in every decade, without exception. Yes the average did decline in
the 2000s, but the median declined 76% more!
The most dramatic pattern of change is evident when
the data is divided into two halves: 1949 to 1979 and 1979 - 2009. This is done
in the following graph: [chart]
For thirty years after World War II the wealth of the
country increased in a balanced manner. The average income containing the
greater contribution from the top earners of the day, grew at a rate very
similar to the income growth of the broader population, represented by the
median.
Yes there were "fat cats" and they had
significantly larger incomes than the bulk of the population. And these top
incomes grew over those three decades, but at almost the same rate as the
majority of the populace.
Then something happened. From 1979-2009 it appears
that the American pie suddenly got smaller. In the later three decades the real
median income growth was less than 10% of the rate seen from 1949 to 1979. And
as the pie got smaller, the fat cats took a much larger share. The average
income grew at a rate 254% that of the median income. You might say that, as
the cow gave less milk, the top of the economic ladder skimmed more and more
cream off the top.
Meyerson identifies the force majuere to be
corporate America:
Our multinational companies still invest, of course -
just not at home. A study by the Business
Roundtable and the U.S. Council Foundation found that the
share of the profits of U.S.-based multinationals that came from their foreign
affiliates had increased from 17 percent in 1977 and 27 percent in 1994 to 48.6
percent in 2006. As the companies' revenue from abroad has increased, their
dependence on American consumers has diminished. The equilibrium among
production, wages and purchasing power - the equilibrium that Henry Ford
famously recognized when he upped his workers' pay to an unheard-of $5 a day in
1913 so they could afford to buy the cars they made, the equilibrium that
became the model for 20th-century American capitalism - has been shattered.
Making and selling their goods abroad, U.S. multinationals can slash their
workforces and reduce their wages at home while retaining their revenue and
increasing their profits. And that's exactly what they've done.
Meyerson doesn't get into some of the other areas
that might be brought to bear on the current condition of the American economy:
- He doesn't address the fact that the U.S. ranks
below some third world countries in education.
- He doesn't discuss the increasing burden of
health care, both because costs have been running out of control and
because an ever increasing portion of the population is kept from making
the contribution they might have otherwise because of poor health.
- He doesn't discuss the capture of much potential
domestic capital by financial engineers who find it much easier to get
rich in a rigged casino than to make money the old fashioned way.
Part of the problem is that Americans have fallen
into the way of the easiest path, where, either by credit card or by making
quick trades, the desires of the moment are satisfied with no seemingly current
cost.
It seems that few want to think about the needs of
tomorrow. This is true starting with the masses who kiss off the idea of
working hard in school to prepare for what they will need 20 years down the
road. This is also true of the "capitalist" who finds that skimming a
few percent off each of many deals a year to get quick, large quarterly returns
is much easier than investing and building something that will will make much
larger returns extending over decades and producing things of real economic
utility.
There are a number of things that Meyerson does not
address, but if you want to hit one nail at a time, I think he has picked the
baddest nail in the plank. He finishes his column thusly:
Our economic woes, then, are not simply cyclical or
structural. They are also - chiefly - institutional, the consequence of U.S.
corporate behavior that has plunged us into a downward cycle of
underinvestment, underemployment and under-consumption. Our solutions must be
similarly institutional, requiring, for starters, the seating of public and
worker representatives on corporate boards. Short of that, there will be no
real prospects for reversing America's downward mobility.
If we were to address all the other issues I
mentioned previously and did not address the institutional problem Meterson has
identified, we would not ultimately solve our economic puzzle.’
20
Shocking New Economic Records That Were Set In 2010 2010 was quite a year,
wasn’t it? 2010 will be remembered for a lot of things, but for those living in
the United States, one of the main things that last year will be remembered for
is economic decline…The Economic
Collapse Jan 14, 2011 ‘2010 was
quite a year, wasn’t it? 2010 will be remembered for a lot of things, but
for those living in the United States, one of the main things that last year
will be remembered for is economic decline. The number of foreclosure
filings set a new record, the number of home repossessions set a new record,
the number of bankruptcies went up again, the number of Americans that became
so discouraged that they simply quit looking for work reached a new all-time
high and the number of Americans on food stamps kept setting a brand new record
every single month. Meanwhile, U.S. government debt reached record highs,
state government debt reached record highs and local government debt reached
record highs. What a mess! In fact, even many of the “good”
economic records that were set during 2010 were indications of underlying
economic weakness. For example, the price of gold set an all-time record
during 2010, but one of the primary reasons for the increase in the price of
gold was that the U.S. dollar was rapidly losing value. Most Americans
had been hoping that 2010 would be the beginning of better times, but
unfortunately economic conditions just kept getting worse.
So will things
improve in 2011? That would be nice, but at this point there are not a
whole lot of reasons to be optimistic about the economy. The truth is
that we are trapped in a period of long-term economic decline and we are now
paying the price for decades of horrible decisions.
Amazingly,
many of our politicians and many in the mainstream media have declared that
“the recession is over” and that the U.S. economy is steadily improving now.
Well, if
anyone tries to tell you that the economy got better in 2010, just show them
the statistics below. That should shut them up for a while.
The following
are 20 new economic records that were set during 2010….
#1 An all-time record of 2.87
million U.S. households received a foreclosure filing in 2010.
#2 The number of homes that were actually repossessed reached
the 1 million mark for the first time ever during 2010.
#3 The price of gold moved above $1400 an ounce for the
first time ever during 2010.
#4 According to the American Bankruptcy Institute,
approximately 1.53
million consumer bankruptcy petitions were filed in 2010, which was up 9
percent from 1.41 million in 2009. This was the highest number of
personal bankruptcies we have seen since the U.S. Congress substantially
tightened U.S. bankruptcy law several years ago.
#5 At one point during 2010, the average time needed to
find a job in the United States had risen to an all-time record of 35.2 weeks.
#6 Back in 1970, 25 percent of all jobs in the United
States were manufacturing jobs. Today, only 9 percent of the jobs in the
United States are manufacturing jobs, which is believed to be a new record low.
#7 The number of Americans working part-time jobs “for
economic reasons” was the highest it has been in at least five decades
during 2010.
#8 The number of American workers that are so
discouraged that they have given up searching for work reached an all-time high near the end of 2010.
#9 Government spending continues to set new all-time
records. In fact, at the moment the U.S. government is spending
approximately 6.85 million
dollars every single minute.
#10 The number of Americans on food stamps surpassed
43 million by the end of 2010. This was a new all-time record, and
government officials fully expect the number of Americans enrolled in the
program to continue to increase throughout 2011.
#11 The number of Americans on Medicaid surpassed 50 million
for the first time ever in 2010.
#12 The U.S. Census Bureau originally announced that
43.6 million Americans are now living in poverty and according to them that was
the highest number of Americans living in poverty that they had ever
recorded in 51 years of
record-keeping. But now the Census Bureau says that they
miscalculated and that the real number of poor Americans is actually 47.8 million.
#13 According to the FDIC, 157
banks failed during 2010. That was the highest number of bank
failures that the United States has experienced in any single year during the
past decade.
#14 The Federal Reserve brought in a record $80.9 billion in profits during
2010. They returned $78.4 billion of that to the U.S. Treasury, but the
real story is that thanks to the Federal Reserve’s continual debasement of our
currency, the U.S. dollar was
worth less in 2010 than it ever had been before.
#15 It is projected that the major financial firms on
Wall Street will pay out an all-time record of $144 billion in compensation for
2010.
#16 Americans now owe more than $881 billion on student loans,
which is a new all-time record.
#17 In July, sales of new homes in the United
States declined to the lowest level
ever recorded.
#18 According to Zillow, U.S. housing prices have now
declined a
whopping 26 percent since their peak in June 2006. Amazingly, this is
even farther than house prices fell during the Great Depression. From
1928 to 1933, U.S. housing prices only fell 25.9 percent.
#19 State and local government debt reached at an
all-time record of 22 percent of U.S. GDP during 2010.
#20 The U.S. national debt has surpassed the 14 trillion
dollar mark for the first time ever and it is being projected that it will
soar well past 15 trillion during 2011.
There are some
people that have a hard time really grasping what statistics actually
mean. For people like that, often pictures and charts are much more
effective. Well, that is one reason I like to include pictures and graphs
in many of my articles, and below I have posted my favorite chart from this
past year. It shows the growth of the U.S. national debt from 1940 until
today. I honestly don’t know how anyone can look at this chart and still
be convinced that our nation is not headed for a complete financial meltdown….[chart]
14 Eye Opening Statistics Which Reveal Just How
Dramatically The U.S. Economy Has Collapsed Since 2007 Most Americans
have become so accustomed to the “new normal” of continual economic decline
that they don’t even remember how good things were just a few short years ago.
‘The
Economic Collapse Jan 10, 2011
’Most Americans have become so accustomed to the “new normal” of continual
economic decline that they don’t even remember how good things were just a few
short years ago. Back in 2007, unemployment was very low, good jobs were
much easier to get, far fewer Americans were living in poverty or enrolled in
welfare programs and government finances were in much better shape. Of
course most of this prosperity was fueled by massive amounts of debt, but at
least times were better. Unfortunately, things have really deteriorated
over the last several years. Since 2007, unemployment has skyrocketed,
foreclosures have set new all-time records, personal bankruptcies have soared
and U.S. government debt has gotten completely and totally out of
control. Poll after poll has shown that Americans are now far less
optimistic about the future than they were in 2007. It is almost as if
the past few years have literally sucked the hope out of millions upon millions
of Americans.
Sadly,
our economic situation is continually getting worse. Every month the
United States loses more factories. Every month the United States loses
more jobs. Every month the collective wealth of U.S. citizens continues
to decline. Every month the federal government goes into even more
debt. Every month state and local governments go into even more debt.
Unfortunately,
things are going to get even worse in the years ahead. Right now we look
back on 2005, 2006 and 2007 as “good times”, but in a few years we will look
back on 2010 and 2011 as “good times”.
We
are in the midst of a long-term economic decline, and the very bad economic
choices that we have been making as a nation for decades are now starting to
really catch up with us.
So
as horrible as you may think that things are now, just keep in mind that things
are going to continue to deteriorate in the years ahead.
But
for the moment, let us remember how far we have fallen over the past few
years. The following are 14 eye opening statistics which reveal just how
dramatically the U.S. economy has collapsed since 2007….
#1
In November 2007, the official U.S. unemployment rate was just 4.7
percent. Today, the official U.S. unemployment rate is 9.4 percent.
#2
In November 2007, 18.8% of unemployed Americans had been out of work for 27
weeks or longer. Today that percentage is up to 41.9%.
#3
As 2007 began, there were just over 1 million Americans that had been
unemployed for half a year or longer. Today, there are over
6 million Americans that have been unemployed for half a year or
longer.
#4
Nearly 10 million Americans now receive unemployment insurance, whichis
almost four times as many as were receiving it back
in 2007.
#5
More than half of the U.S. labor force (55 percent) has “suffered a spell of
unemployment, a cut in pay, a reduction in hours or have become involuntary
part-time workers” since the “recession” began in December 2007.
#6
According to one analysis, the United States has lost a total of approximately
10.5 million jobs since 2007.
#7
As 2007 began, only 26 million Americans were on food stamps. Today, an
all-time record of 43.2 million Americans are enrolled in the
food stamp program.
#8
In 2007, the U.S. government held a total of $725 billion in mortgage
debt. As of the middle of 2010, the U.S. government held a total of $5.148 trillion in mortgage debt.
#9
In the year prior to the “official” beginning of the most recent recession in
2007, the IRS filed just 684,000 tax liens against U.S. taxpayers. During
2010, the IRS filed over a million tax liens against U.S.
taxpayers.
#10
From the year 2000 through the year 2007, there were 27 bank failures in the
United States. From 2008 through 2010, there were 314 bank failures in the United States.
#11
According to the U.S. Department of Housing and Urban Development, the number
of U.S. families with children living in homeless sheltersincreased from 131,000 to 170,000 between 2007
and 2009.
#12
In 2007, one poll found that 43 percent of Americans were living “paycheck to
paycheck”. Sadly, according to a survey released very close to the end of
2010, approximately 55 percent
of all Americans are now living paycheck to paycheck.
#13
In 2007, the “official” federal budget deficit was just 161 billion
dollars. In 2010, the “official” federal budget deficit was approximately 1.3 trillion dollars.
#14
As 2007 began, the U.S. national debt was just under 8.7 trillion
dollars. Today, the U.S. national debt has just surpassed 14 trillion dollars and it
continues to soar into the stratosphere.
So
is there any hope that we can turn all of this around?
Unfortunately,
the massive amount of debt that we have piled up as a society over the last
several decades has made that impossible.
If
you add up all forms of debt (government debt, business debt, individual debt),
it comes to approximately 360 percent of GDP. It is the biggest debt
bubble in the history of the world.
If
the federal government and our state governments stop borrowing and spending so
much money, our economy would collapse. But if they keep borrowing and
spending so much money they will continually make the eventual economic
collapse even worse.
We
are in the terminal stages of the most horrific debt spiral the world has ever
seen, and when the debt spiral gets stopped the house of cards is going to
finally come down for good.
So
enjoy these times while you still have them. Yes, today is not nearly as
prosperous as 2007 was, but today is most definitely a whole lot better than
2015 or 2020 is going to be.
Sadly,
we could have avoided this financial disaster completely if only we had
listened more carefully to those that founded this nation. Once upon a
time, Thomas Jefferson said
the following….
I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.’
Tipping
Point: 25 Signs That The Coming Financial Collapse Is Now Closer Then Ever The
financial collapse that so many of us have been anticipating is seemingly
closer then ever. Over the past several weeks, there have been a host of
ominous signs for the U.S. economy.
The Economic Collapse
Dec 17, 2010
The financial
collapse that so many of us have been anticipating is seemingly closer then
ever. Over the past several weeks, there have been a host of ominous
signs for the U.S. economy. Yields on U.S. Treasuries have moved up
rapidly and Moody’s is publicly warning that it may have to cut the rating on
U.S. government debt soon. Mortgage rates are also moving up
aggressively. The euro and the U.S. dollar both look incredibly
shaky. Jobs continue to be shipped out of the United States at a
blistering pace as our politicians stand by and do nothing. Confidence in
U.S. government debt around the globe continues to decline. State and
local governments that are drowning in debt across the United States are
savagely cutting back on even essential social services and are coming up with
increasingly “creative” ways of getting more money out of all of us.
Meanwhile, tremor after tremor continues to strike the world financial
system. So does this mean that we have almost reached a tipping point?
Is the world on the verge of a major financial collapse?
Let’s hope
not, but with each passing week the financial news just seems to get eve
worse. Not only is U.S. government debt spinning wildly toward a breaking
point, but many U.S. states (such as California) are in such horrific financial
condition that they are beginning to resemble banana republics.
But it is not
just the United States that is in trouble. Nightmarish debt problems in
Greece, Spain, Portugal, Ireland, Italy, Belgium and several other European nations
threaten to crash the euro at any time. In fact, many economists are now
openly debating which will collapse first – the euro or the U.S. dollar.
Sadly, this is
the inevitable result of constructing a global financial system on debt.
All debt bubbles eventually collapse. Currently we are living in the
biggest debt bubble in the history of the world, and when this one bursts it is
going to be a disaster of truly historic proportions.
So will we
reach a tipping point soon? Well, the following are 25 signs that the
financial collapse is rapidly getting closer….
#1 The official U.S. unemployment rate has not been
beneath 9 percent since
April 2009.
#2 According to the U.S. Census Bureau, there are
currently 6.3
million vacant homes in the United States that are either for sale or for
rent.
#3 It is being projected that the U.S. trade deficit
with China could hit 270 billion dollars
for the entire year of 2010.
#4 Back in 2000, 7.2 percent of blue collar workers
were either unemployed or underemployed. Today that figure is up
to 19.5 percent.
#5 The Chinese government has accumulated approximately
$2.65 trillion in
total foreign exchange reserves. They have drained this wealth from the
economies of other nations (such as the United States) and instead of
reinvesting all of it they are just sitting on much of it. This is
creating tremendous imbalances in the global economy.
#6 Since the year 2000, we have lost 10% of our middle class jobs. In the
year 2000 there were approximately 72 million middle class jobs in the United
States but today there are only about 65 million middle class jobs.
#7 The United States now employs about the same number
of people in manufacturing as
it did back in 1940. Considering the fact that we had 132 million
people living in this country in 1940 and that we have well over 300 million
people living in this country today, that is a very sobering statistic.
#8 According to CoreLogic, U.S. housing prices have now
declined for
three months in a row.
#9 The average rate on a 30 year fixed rate mortgage soared
11 basis points just this past week. As mortgage rates continue to
push higher it is going to make it even more difficult for American families to
afford homes.
#10 22.5 percent of all residential mortgages in the
United States were in negative equity as of the end of the third quarter
of 2010.
#11 The U.S. monetary base has
more than doubled since the beginning of the most recent recession.
#12 U.S. Treasury yields have been rising steadily
during the 4th quarter of 2010 and
recently hit a six-month high.
#13 Incoming governor Jerry Brown is scrambling to find
$29 billion more to cut from the California state budget. The
following quote from Brown about the desperate condition of California
state finances is not going to do much to inspire confidence in California’s
financial situation around the globe….
“We’ve been living in fantasy land. It is much worse
than I thought. I’m shocked.”
#14
24.3
percent of the residents of El Centro, California are currently unemployed.
#15
The average home in Merced, California has declined in value by
63 percent over the past four years.
#16
Detroit Mayor Dave Bing has come up with a new way to save money. He
wants to cut 20
percent of Detroit off from essential social services such as road repairs,
police patrols, functioning street lights and garbage collection.
#17
The second most dangerous city in the United States – Camden, New Jersey – is
about to lay off about
half its police in a desperate attempt to save money.
#18
In 2010, 55
percent of Americans between the ages of 60 and 64 were in the labor
market. Ten years ago, that number was just 47 percent. More older
Americans than ever find that they have to keep working just to survive.
#19
Back in 1998, the United States had 25 percent of the world’s high-tech export
market and China had just 10 percent. Ten years later, the United States had
less than 15 percent and China’s share had soared to 20 percent.
#20
The U.S. government budget deficit increased to a whopping $150.4 billion last
month, which represented the biggest November budget deficit on record.
#21
The U.S. government is somehow going to have to roll over existing debt and
finance new debt that
is equivalent to 27.8 percent of GDP in 2011.
#22
The United States had been the leading consumer of energy on the globe for
about 100 years, but this past summer China took over the number one spot.
#23
According to an absolutely stunning new poll, 40 percent of all U.S. doctors plan to bail out of the
profession over the next three years.
#24
As 2007 began, there were just over 1 million Americans that had been
unemployed for half a year or longer. Today, there are over
6 million Americans that have been unemployed for half a year or longer.
#25
All over the United States, local governments have begun instituting “police
response fees”. For example, New York Mayor Michael Bloomberg has come up
with a plan under which a
fee of $365 would be charged if police are called to respond to an
automobile accident where no injuries are involved. If there are injuries
as a result of the crash that is going to cost extra.
16
Nightmarish Economic Trends To Watch Carefully In 2011 The
American Dream Dec 15, 2010 ‘If you only watch the “economic pundits” on
television, it can be very confusing to figure out exactly what is happening
with the U.S. economy. One pundit will pull out a couple statistics that
got a little bit better over the past month and claim that we have entered a
time of solid recovery. Another pundit will pull out a couple statistics
that got a little worse over the past month and claim that we are headed for trouble.
So what is the truth? Well, if you really want to get a clear idea of
what is really going on you have to look at the long-term trends. There
are some economic trends which just keep getting worse year after year after
year, and it is those trends that tell the real story of the decline of our
economic system.
As you examine
the long-term trends, you quickly come to realize that the U.S. is trapped in
an endless spiral of debt, the middle class is being wiped out, the U.S. dollar
is being destroyed and America is rapidly becoming a post-industrial wasteland.
Posted below
are 16 nightmarish economic trends to watch carefully in 2011. It is
becoming exceedingly apparent that unless something is done rapidly we are
heading for an economic collapse of unprecedented magnitude….
#1 Do you want to see something scary? Just check
out the chart below. Since the beginning of the economic downturn, the
U.S. monetary base has more than doubled. But don’t worry – Federal
Reserve Chairman Ben Bernanke has promised us that this could never cause
inflation. In fact, Bernanke says that we need to inject even more
dollars into the economy. So if you are alarmed by the chart below, you
are just being irrational according to Bernanke….
#2 Thousands of our factories, millions of our jobs and
hundreds of billions of dollars of our national wealth continue to be shipped
overseas. In 1985, the U.S. trade deficit with China was 6 million dollars
for the entire year. In the month of August
alone, the U.S. trade deficit with China was over 28 billion
dollars. Nobel economist Robert W. Fogel of the University of Chicago
is projecting that the Chinese economy will be three times larger than the U.S. economy by the
year 2040 if current trends continue.
#3 The United States is rapidly becoming a
post-industrial wasteland. Back in 1959, manufacturing represented 28
percent of all U.S. economic output. In 2008, it represented only
11.5 percent and it continues to fall. Sadly, the truth is that America
is being deindustrialized. As of the end of 2009, less
than 12 million Americans worked in manufacturing. The last time that
less than 12 million Americans were employed in manufacturing was in 1941.
#4 The number of Americans that have been out of work
for an extended period of time has absolutely exploded over the last few
years. As 2007 began, there were just over 1 million Americans that had
been unemployed for half a year or longer. Today, there are over
6 million Americans that have been unemployed for half a year or longer.
#5 The middle class continues to be squeezed out of
existence. According to a poll
taken in 2009, 61 percent of Americans ”always or usually” live
paycheck to paycheck. That was up substantially from 49 percent
in 2008 and 43 percent in 2007.
#6 The number of Americans living in poverty is
absolutely skyrocketing. 42.9 million Americans are now on food
stamps, and one out of every six Americans is now enrolled
in at least one anti-poverty program run by the federal government.
Unfortunately, many of those that have been hardest hit by this economic
downturn have been children. According to one new study,
approximately 21 percent of all children in the United States are
living below the poverty line in 2010 - the highest rate in 20 years.
#7 Many American families have been pushed beyond the
breaking point during this economic downturn. Over 1.4 million Americans
filed for personal bankruptcy in 2009, which represented a
32 percent increase over 2008. The final number for 2010 is expected
to be even higher.
#8 The U.S. real estate market continues to
stagnate. During
the third quarter of 2010, 67 percent of mortgages in Nevada were
“underwater”, 49 percent of mortgages in Arizona were “underwater” and 46
percent of mortgages in Florida were “underwater”. So what happens if
home prices go down even more?
#9 More elderly Americans than ever are being forced to
put off retirement and continue working. In 2010, 55
percent of Americans between the ages of 60 and 64 were in the labor
market. Ten years ago, that number was just 47 percent.
Unfortunately, it looks like this problem will only get worse in the years
ahead. In America today, approximately half of all workers have
less than $2000 saved up for retirement.
#10 In the United States today, there are simply far too
many retirees and not nearly enough workers to support them. Back in 1950
each retiree’s Social Security benefit was paid for by 16
workers. Today, each retiree’s Social Security benefit is paid for
by approximately 3.3 workers. By 2025 it is projected that
there will be approximately two workers for each retiree.
#11 Financial assets continue to become concentrated in
fewer and fewer hands. For example, the “big four” U.S.
banks (Citigroup, JPMorgan Chase, Bank of America and Wells
Fargo) had approximately 22 percent of all deposits in FDIC-insured
institutions back in 2000. As of the middle of 2009 that figure was up to 39 percent.
#12 The Federal Reserve has been destroying the value of
the U.S. dollar for decades. Since the Federal Reserve was created in
1913, the U.S. dollar has lost over 95 percent of its purchasing power.
An item that cost $20.00 in 1970 would cost you $112.35 today. An item
that cost $20.00 in 1913 would cost you $440.33 today.
#13 Commodity prices continue to soar into the
stratosphere. Ten years ago, the price of a barrel of oil hovered around 20 to 30
dollars most of the time. Today, the price of oil is rapidly closing
in on 100 dollars a barrel and there are now fears that it could soon go much
higher than that.
#14 Federal government spending is completely and
totally out of control. The U.S. government budget deficit increased to a
whopping $150.4 billion last month, which represented the biggest November deficit on record. But our
politicians can’t seem to break their addiction to debt. In fact, Democrats
are trying to ram through a
1,924 page, 1.1 trillion dollar spending bill in the final days of the
lame-duck session of Congress before the Republicans take control of the House
of Representatives next year.
#15 The U.S. national debt is rapidly closing in on 14 trillion dollars. It is more
than 13 times larger than it was just 30 short years ago. According to an
official U.S. Treasury Department report to Congress, the U.S. national
debt is projected to climb
to an estimated $19.6 trillion by 2015.
#16 Unfortunately, the official government numbers
grossly understate the horrific nature of the crisis we are facing. John
Williams of Shadow Government Statistics has calculated that if the federal
government would have used GAAP accounting standards to measure the federal budget
deficit for 2009, it would have been approximately 8.8
trillion dollars. Not only that, but John Williams now says that U.S.
government debt is
so wildly out of control that it is mathematically impossible for us to
“grow” our way out of it….
The government’s finances not only are out of
control, but the actual deficit is not containable. Put into perspective,
if the government were to raise taxes so as to seize 100% of all wages,
salaries and corporate profits, it still would be showing an annual deficit
using GAAP accounting on a consistent basis. In like manner, given
current revenues, if it stopped spending every penny (including defense and
homeland security) other than for Social Security and Medicare obligations, the
government still would be showing an annual deficit. Further, the U.S. has
no potential way to grow out of this shortfall.
The more one examines the U.S. economic situation,
the more depressing it becomes. The U.S. financial system is trapped
inside a horrific debt spiral and we are headed straight for economic
oblivion.
If our leaders attempt to interrupt the debt spiral
it will plunge our economy into a depression. If our leaders attempt to
keep the debt spiral going for several more years it will just make the
eventual crash even worse. Either way, we are headed for a financial
implosion that will be truly historic.
The debt-fueled good times that we have been enjoying
for the last several decades are rapidly coming to an end. Unfortunately
for the tens of millions of Americans that are already suffering, our economic
problems are only going to get worse in the years ahead.’
Jobless
Recovery?: 25 Unemployment Statistics That Are Almost Too Depressing To Read ‘…
Unemployment is up again! That’s right – even though Wall Street is swimming in
cash and the Obama administration is declaring that “the recession is over”,
the U.S. unemployment rate has gone even higher. So are you enjoying the
jobless recovery? Economic
Collapse Blog Dec 4, 2010 ‘Guess what? Unemployment is up
again! That’s right – even though Wall Street is swimming in cash and the
Obama administration is declaring that “the recession is over”, the U.S.
unemployment rate has gone even higher ... Times are really, really tough and
unfortunately the long-term outlook is very bleak. We should have
compassion on those who are out of work right now, because soon many of us may
join them.
The following
are 25 unemployment statistics that are almost too depressing to read….
#1 According to the Bureau of Labor Statistics, the
U.S. unemployment rate for November was 9.8
percent. This was up from 9.6 percent in October, and it continues a
trend of depressingly high unemployment rates. The official unemployment
number has been at 9.5 percent or higher for well over a year at this point.
#2 In November 2006, the “official” U.S. unemployment
rate was just 4.5
percent.
#3 Most economists had been expecting the U.S. economy
to add about 150,000 jobs in November. Instead, it
only added 39,000.
#4 In the United States today, there are over 15
million people who are “officially” considered to be unemployed for
statistical purposes. But everyone knows that the “real” number is even
much larger than that.
#5 As 2007 began, there were just over 1 million
Americans that had been unemployed for half a year or longer. Today,
there are over
6 million Americans that have been unemployed for half a year or longer.
#6 The number of “persons not in the labor force” in
the United States recently
set another new all-time record.
#7 It now takes the average unemployed American over
33 weeks to find a job.
#8 When you throw in “discouraged workers” and
“underemployed workers”, the “real” unemployment rate in the state of
California is
actually about 22 percent.
#9 In America today there are not nearly enough jobs
for everyone. In fact, there are now approximately
5 unemployed Americans for every single job opening.
#10 According
to The New York Times, Americans that have been unemployed for five weeks
or less are three times more likely to find a new job in the coming month than
Americans that have been unemployed for over a year.
#11 The U.S. economy would need to create 235,120
new jobs a month to get the unemployment rate down to pre-recession levels
by 2016. Does anyone think that there is even a prayer that is going to
happen?
#12 There are 9
million Americans that are working part-time for “economic reasons”.
In other words, those Americans would gladly take full-time jobs if they could
get them, but all they have been able to find is part-time work.
#13 In 2009, total wages, median wages, and average
wages all
declined in the United States.
#14 As of the end of 2009, less than 12 million
Americans worked in manufacturing. The last time that less
than 12 million Americans were employed in manufacturing was in 1941.
#15 The United States has lost at least 7.5
million jobs since the recession began.
#16 Today, only
about 40 percent of Ford Motor Company’s 178,000 workers are employed
in North America, and a big percentage of those jobs are in Canada and
Mexico.
#17 In 1959, manufacturing represented 28
percent of U.S. economic output. In 2008, it represented 11.5
percent.
#18 Earlier this year, one poll found that 28% of all American households had at least one member that
was looking for a full-time job.
#19 In the United States today, over
18,000 parking lot attendants have college degrees.
#20 The United States has lost a staggering
32 percent of its manufacturing jobs since the year 2000.
#21 As the employment situation continues to stagnate,
millions of American families have decided to cut back on things such as
insurance coverage. For example, the percentage of American households that
have life insurance coverage is at its lowest level in
50 years.
#22 Unless Congress acts, and there is no indication
that is going to happen, approximately 2 million Americans will stop receiving unemployment checks over the next
couple of months.
#23 A poll that was released by the Pew Research Center
back in June discovered that an
astounding 55 percent of the U.S. labor force has
experienced either unemployment, a pay decrease, a reduction in hours
or an involuntary move to part-time work since the economic downturn
began.
#24 According to Richard McCormack, the United States
has lost over
42,000 factories (and counting) since 2001.
#25 In the United States today, 317,000
waiters and waitresses have college degrees.
But this is
what we get for creating the biggest debt
bubble in the history of the world. For decades we have been digging
a deeper hole for ourselves by going into increasingly larger amounts of
debt. In America today, our entire economy is based on debt. Even
our money
is debt. We were fools if we ever thought this could go on forever.
Just think about it. Have you ever gone out and run up a bunch of
debt? It can be a lot of fun sitting behind the wheel of a new car,
running your credit cards up to the limit and buying a beautiful big house that
you cannot afford. But in the end what happens? It always catches up with you.
Well, our collective debt is starting to catch up with us. There is a sea
of red ink on every level of American society. It is only a matter of time
before it destroys our economy. IF YOU THINK THAT
THINGS ARE BAD NOW, JUST WAIT. THINGS ARE GOING TO GET A WHOLE LOT
WORSE. A HORRIFIC ECONOMIC COLLAPSE IS COMING, AND IT IS GOING TO BE
VERY, VERY PAINFUL.’
Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of economic
revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them."Check the accompanying video for more of Howard's unfettered opinions
and stay tuned for additional clips from this interview. And...Happy
Thanksgiving! Aaron Task is the host of Tech Ticker. You can follow him on
Twitter at @atask or email him at [email protected]’
17 Things Worrying
Investors Lloyd's Wall of Worry
Worry Count: 17
CHINA: 1,330,044,605 people can’t be wrong.
The PIIGS: Fasten your seatbelts. It’s gonna be a long, bumpy, expensive,
weird, (insert your own adjective here) freak show of a ride.
CALIFORNIA AND THE OTHER 49 STATES: Not yet as dire as “The PIIGS”. Might I
suggest the classier moniker of “The Prosciuttos” for the American basket-case
states?
QE II: Gobble?
U.S. ECONOMY: The “Punky Brewster” of the global economic landscape.
UNEMPLOYMENT: Only thing worse than losing your job, losing your unemployment
check. At least there’s the holiday season to cheer everyone up (read: heavy
sarcasm).
TAXES: Praying to the Financial Market Gods that we don’t have another
TARP-like vote fiasco.
OBAMA ADMINISTRATION PART II: Still two years before the Pres. election and the
peanut gallery is already pleading for a Hail Mary Pass to get them back in the
game.
HFT: Instead of beating up these liquidity supplying traders, let’s honor them
with their very own stock exchange. But wait -- with no retail
saps to pick-off they will never get that Day 1 opening bell tick. Perfect.
XMAS 2010: As my professor friend Nick says, “Nowadays Americans are dining off
of two menus – The Million Dollar and the $0.99 Cent.” And both
are pissed about it.
CURRENCIES: Poor Mr. Greenback. Does someone need a hug?
HOUSING CRISIS: Price Stabilization – Are we there yet? Just a little bit more.
Are we there yet? Just a little bit more. Are we there yet? Just a little bit
more….
INFLATION/DEFLATION: Fed Chief Ben B. comes out swinging from his heels in
defense of inflation promotion. Don’t punch yourself out as this one is likely
to go the distance.
COMMODITIES: Corrected but still sky high; fortunately these prices are only
affecting core, basic, life-sustaining necessities and sparing our electronic
gadgets and plus-sized SUVs. Whew!
INSIDER TRADING: Another black eye for Hedge Funds. I estimate that makes black
eye number 6,597.
INTEREST RATES: South Korea and China slowly turning up the dial to “11”. On
the other hand the U.S. has removed the dial altogether. This never ends well….
NORTH KOREA: Here we go again. (and now Egypt, etc.)
Consumer confidence down, LiveLeak.com - Loonie closes above U.S. dollar … dollar for first time closes below parity on Canadian
loonie … hey, hey, hey … 'Huge' stock decline — but not yet MarketWatch
- Commentary: Adens … ‘mega trend’ looks grim … The
Adens expect a hyperinflationary collapse … ‘ Oh come
on! Manipulated dollar decline with inflated earnings, stock prices thereby,
etc., … we’ve seen this all before … the last few crashes … Jobless
rate jumps to 9.8% as hiring slows (Washington Post) [ The reality is not a mystery! The nation’s
been thrown under the bus for the greater good (wealth) of the very few (frauds
on wall street, etc.); wall street giving out record bonuses from their accomplished
fraud (with no-recession b.s. bernanke help) of $144 BILLION: Come on! This is
gettin’ even more downright ridiculous (if that’s even possible)! Pending home
foreclosure / distress sales up, oil prices (and oil stocks) up, debased dollar
down, plus a little familiar ‘better than expected’ thrown in along with
prospects of a ‘no-recession bernanke’ market-frothing bull session on 60
minutes and, voila, suckers’ rally into the close to keep the suckers suckered!
What’s good for the frauds on wall street is bad for just about everyone else
which includes the vast majority of people and businesses, domestically and
globally, as current dollar manipulation / debasement ultimately results in
higher costs and loss of purchasing power (ie., oil, etc.). Clearly, this is
one of those fraudulent wealth transfers to the frauds on wall street et als
which will ultimately be paid for by those who least are in a position to
afford it, courtesy of the ever more worthless Weimar dollar, etc., inflating
earnings, eps, lowering p/e multiples, etc., see infra. This is an especially
great time to sell / take profits while you can since there's much worse to
come! Previous: Rosy numbers on consumer sentiment, unemployment (far better
than private forecasts) from the government prior to the holiday so-called
‘shop till you drop’? How can anyone believe anything they say? Najerian
interviewed by Motek chimes in with the reason for good retail cheer; viz.,
people have stopped paying their mortgages and are using the funds to purchase
retail goods; while Davidowitz adds that with record numbers of americans on
food stamps, real unemployment at 17+, and wall street giving out record
bonuses from their accomplished fraud (with no-recession b.s. bernanke help) of
$144 BILLION … the high end stores /
jewelers will do well … daaaaah! And, with insiders
and wall street frauds selling into the bubble as preceded last crash, this is
an especially great opportunity to sell / take profits! Suckers’ rally on light volume, full moon, and government
complicity (false data / reports) to keep suckers suckered (easy for the wall
street frauds to do with just a mouse click / push of the button – and, they
know all those technical trade lines that are easy to program in this current
phase of the scam/fraud with the debased dollar). Keep in mind, the totally
mindless blather from the ‘cottage industries’ of and fraudulent wall street
itself in talking up lower P/E multiples when the same is a direct result of
the debasement of the dollar and the consequent manipulation / translation (not
real, see Davis, infra) which preceded the financial crisis / last crash.
Unemployment, trade, deficit, etc., numbers continue decidedly worse than
expected along with other negative data (and in the ‘wrong direction’, that
spin accorded ‘down but not as bad as before’ b*** s*** ) yet the market has
rallied like no tomorrow with used home foreclosure / distressed sales, though
abated owing to ‘foreclosuregate’, the other ‘heralded’ good news. Moreover, the dumbo lemmings of Europe have
jumped on the fraudulent defacto bankrupt american crazy train propelled to the
precipice also as if no tomorrow. This is about keeping the suckers sucked in
with the help of a market-frothing pre-election debased dollar for favorable
currency translation and paper (but not real when measured in, ie., gold, etc.)
profits which preceded the last crisis, inflating a bubble as in the last
crisis to facilitate the churn-and-earn, particularly with computerized (and
high frequency) trades and which commissions they’ll get again on the way down.
There is nothing to support these overbought stock prices, fundamentally or
otherwise. These are desperate criminals ‘at work’. Even wall street shill, the
senile Buffett is saying we’re still in a recession (depression) [
Davis: ‘… all profits are inflated
by 10% (from falling, debased dollar) and that 10% is the E that gets divided
from the P and gives us a much better price/multiple to hang our hats on and
that gets investors to BUYBUYBUY …’ The bull market that never was / were beyond wall
street b.s. when measured in gold ] This is a great
opportunity to sell / take profits (these lower dollar, hyperinflationary
currency manipulations / translations to froth paper stocks will end quite
badly as in last crash)! This
is a global depression. This is a secular bear market in a global depression.
The past up moves were manipulated bull (s***) cycles (at best) in a secular
bear market. This has been a typically manipulated bubble as has preceded the
prior crashes with great regularity that the wall street frauds and insiders
commission and sell into. This is a typical wall street ‘programmed computerized
high-frequency churn and earn pass the hot potato scam / fraud as in prior
crashes ( widely reported, high-frequency trading routinely
accounts for more than 50% of daily U.S. equity trading volume and regularly
approaches 70%. )’. This national decline, economic and otherwise, will not end
until justice is served and the wall street frauds et als are criminally
prosecuted, jailed, fined, and disgorgement imposed.The Stock Market's
Long Decline Has Begun Smith ]
Sheen On
Obama: “A Coward In a Cheap Suit” [ I think Sheen to be too gentle in his criticism of wobama.
Wobama’s far worse than just a ‘coward in a cheap suit’. Indeed, Wobama’s a
total fraud having been elected under false pretenses; viz., his total,
unequivocal, and unfulfilled b*** s*** (those campaign promises) ! Moreover,
there has been some persuasive documentation questioning wobama’s citizenship /
birthplace placing his eligibility to hold the office of president in question.
] Amidst the controversy of his wild interview on the Alex Jones Show
yesterday, actor Charlie Sheen wasted little time in confronting President
Barack Obama on his failure to answer Sheen’s twenty questions concerning 9/11,
calling Obama, “a coward in a cheap suit.”
Globalist Shill
Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More
Of Our Jobs Overseas As Part Of The New One World Economy The other day,
Barack Obama summoned a group of business and labor leaders to the White House
and “challenged” them to come up with some great ideas for creating more jobs
inside the United States.
U.S.
Warship Tracking Yacht Hijacked by Somali Pirates... [ I realize
there are ‘laws of the sea’ / codified bodies of law within that broad yet very
specific category called ‘maritime law’, none of which I know nor care to know
(I’ll content myself to knowing and seeing to the enforcement of american law
as pertains to me; viz., RICO http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
. I do know that these somali
pirates need killin’ and I further believe that open season on them including
using their boats in the water for target practice makes sense and certainly is
morally justified. I’m tired of hearing about those little weasels … you know,
‘the skinnies’. ]
Some now question U.S. deal that brought
Gaddafi back into diplomatic fold (Washington Post) [ Oh, come on!
At this point in pervasively corrupt, defacto bankrupt america’s intractable
decline, naivity becomes no one! …Money, oil, arms change hands and no one’s
the wiser … and those few are again substantially richer … it’s the fatally
tragic ‘american tale’… Arms
deals still made amid Middle East crackdowns (Washington Post) You bet your
bippy … a raison d’etre, so to speak. ]ABU DHABI, UNITED ARAB EMIRATES - As
Libya's Moammar Gaddafi ordered attacks on his own people this week, thousands
of arms sellers from the United States and other countries hawked their
aircraft, riot gear and rifles to Middle Eastern buyers at the Persian Gulf's
preeminent arms show.
Julian
Assange must be extradited to Sweden (Washington Post) [ Julian
Assange to be extradited to Sweden Infowars.com [ No surprise here. As I’ve previously written, I’m
against the censorship since one always, in the final analysis, must discern
truth from falsehood, information from disinformation, reality from propaganda.
In truth, I found it somewhat shocking and more than surprising that of all
places ‘to escape to’, Assange chose Orwellian england, puppet to the u.s. and
guarantor of servility to u.s./zionist interests, such is their own desperate
circumstances. What was he thinking? ]
WikiLeaks founder Julian Assange is to be extradited to Sweden to face
allegations of rape and sexual assault. Assange will appeal, his legal team
confirmed. If this is unsuccessful, he will be extradited to Sweden in 10
days. ] LONDON - Britain will honor
Sweden's request to extradite WikiLeaks founder Julian Assange to face
sex-crime allegations, a British judge ruled Thursday.
Oil
prices on the rise (Washington Post) [ And except when and for fraudulent /
false / manipulated data, everything else down, dirty, and dismal: AP Business
Highlights: February 24, 2011, ‘New-home
sales in January drop 12.6 pct WASHINGTON (AP) -- Sales of new homes fell
significantly in January, a dismal sign after the worst year for that sector in
nearly a half-century.New-home sales dropped to a seasonally adjusted rate of
284,000 homes last month, the Commerce Department said Thursday. That's down
from 325,000 in December and less than half the 600,000-a-year pace that
economists view as healthy…’
(Washington Post) New-home
sales fell more than forecast / FHFA:
Home prices fell in fourth quarter
Pro-government
forces, rebels engage in battles for territory (Washington Post) [
The big story here, lost on mainstream media, was the manipulated stock / oil
price fraud based upon false rumor of
daffy gaddafi not ducking and having been shot. Remember: there’s no
place for reality in pervasively corrupt, defacto bankrupt america and on
fraudulent wall street particularly. STOCKS
MAKE HUGE TURNAROUND ON STUNNING COLLAPSE IN OIL: BASED SOLELY ON NOW KNOWN TO
BE FALSE TWITTER RUMOR! [ Don’t be
surprised if the frauds on wall street initiated the rumors; their fraudulent
manipulations have included far worse … put them in jail where they belong,
with fines, disgorgement! ( ‘…an apparently Twitter-borne rumor started making the rounds
that Qaddafi had been shot! There was no basis for it, but oil simply
collapsed…’ ) ] , On Thursday February 24,
2011 Thank Twitter-borne rumors of Qaddafi's death for the fact that
markets totally didn't get crushed today…’ ] Militiamen, mercenaries hit cities
near capital while protesters seized air force base; U.S., other Western powers
consider responses to situation. Gaddafi
loyalists launch counterattacks ]
Crude prices broke through the $100-a-barrel threshold as violence in
Libya continued to shake markets.
Senate
Democrats draft cuts in domestic agency budgets (Washington Post) [ Do these ‘too little, too late’ so-called
cuts purport to make the nation ‘less bankrupt’? There’s no such thing …
absolutely preposterous! And, Kotlikoff thinks so as well, see immediately hereafter…
] The plan will involve accelerating
some of the $33 billion in program terminations and reductions included in
Obama's proposed budget for next year.
When
Pretending Fails to Hide Bankruptcy: Laurence Kotlikoff ( Today in the
WashingtonPost.Com )
Feb.
23 (Bloomberg) -- Our country is bankrupt. It’s not bankrupt in 30 years or
five years. It’s bankrupt today.
Want proof? Look at President Barack Obama’s 2010
budget. It showed a massive fiscal gap over the next 75 years, the closure of
which requires immediate tax increases, spending cuts, or some combination
totaling 8 percent of gross domestic product. To put 8 percent of GDP in
perspective, this year’s employee and employer payroll taxes for Social
Security and Medicare will amount to just 5 percent of GDP.
Actually, the picture is much worse. Nothing in
economics says we should look out just 75 years when considering the
present-value difference between future spending and future taxes. Over the
full long-term, we need an extra 12 percent, not 8 percent, of GDP annually.
Seventy-five years seems like a long enough time to
plan. It’s not. Had the Greenspan Commission, which “fixed” Social Security
back in 1983, focused on the true long term we wouldn’t be sitting here now with
Social Security 26 percent underfunded. The Social Security trustees, at least,
have learned a lesson. The 26 percent figure is based on their infinite horizon
fiscal- gap calculation.
But the real reason we can’t look out just 75 years
is that the government’s cash flows (the difference between its annual taxes
and non-interest spending) over any period of time, including the next 75
years, aren’t well defined. This reflects economics’ labeling problem. If you
use different words to describe the receipts taken in and paid out each year by
the government, you produce entirely different cash flows and an entirely
different fiscal gap measured over any finite horizon.
Matter of Language
It’s only the value of the infinite horizon fiscal
gap that is unaffected by the choice of labels of language. Take this year’s
payroll tax contributions. Let’s call these transfers from workers to Uncle Sam
“borrowing” by the government, rather than “payroll taxes,” since the money
will be paid back as future benefits. If the future payback isn’t in full
(equal to principal plus interest), we can call the difference a “retirement
tax.” Presto! With this change of words, our 2011 deficit of about 10 percent
of GDP is boosted another five points to 15 percent.
With one set of words, taxes are higher now and lower
latter. With the other set of words, the opposite is true. But neither set of
labels makes more economic sense than the other or changes what the government
takes, on balance, from any person or business in any given year.
This is no surprise. The math of economics rules out
an absolute measure of the deficit, just like the math of physics rules out an
absolute measure of time.
Bottom Line
The bottom line, then, is that we need to look at the
infinite-horizon fiscal gap not just for Social Security, but for the entire
federal government. That analysis, based on the Congressional Budget Office’s
long-term alternative fiscal scenario, shows an unfathomable fiscal gap of $202
trillion. And covering this gap requires coming up with the aforementioned 12
percent of GDP, forever.
If this gives you the willies, there’s a ready
narcotic -- the president’s 2012 budget, which shows that most of our long-
term fiscal problem has miraculously disappeared; the fiscal gap isn’t 12 percent
of annual GDP. Nor is it 8 percent. It’s now 1.8 percent.
This fantastic improvement in our finances is due,
we’re told, primarily to the Independent Payment Advisory Board. This board, to
be established in 2014 (after the next election, of course) is charged with
recommending cuts to Medicare and Medicaid providers when their costs grow too
fast.
Repealing Cuts
We’ve had laws mandating such cuts for years, and
they are routinely repealed. Indeed, President Obama signed the latest such
repeal last June. But rather than laugh out loud at this cost-control
mechanism, the Medicare trustees, three-quarters of whom were appointed by the
president, assume in their 2010 report that these cuts will be made -- to the
dollar. And the 2012 budget cites the report’s fictional forecast as its
authoritative source.
No one takes the 2010 Medicare trustee report’s
long-run projections seriously, least of all Richard Foster, Medicare’s chief
actuary. Foster added this statement to the end of the report: “The financial
projections shown in this report for Medicare do not represent a reasonable
expectation…in either the short range…or the long range.”
This isn’t the first administration to conceal our
long- term fiscal problem. Back in 1993, Alice Rivlin, then deputy director of
the Office of Management and Budget, asked me and economists Alan Auerbach and
Jagadeesh Gokhale to prepare a long-term fiscal gap/generational accounting for
inclusion in President Bill Clinton’s 1994 budget.
Politics Triumphs
We worked for months on the analysis, but two days
before the budget’s release, the study was excised from the budget. We were
shocked, but, in retrospect, the politics are clear. The Clinton administration
wanted to claim it was fiscally prudent and the study, which showed unofficial
debt growing at enormous rates, showed the opposite.
The fiscal gap’s next near appearance in a
president’s budget was in 2003. Treasury Secretary Paul O’Neill commissioned
Gokhale and Kent Smetters to do the study. It showed a massive $45 trillion fiscal
gap -- not a great basis for pushing tax cuts or introducing the
prescription-drug benefit for seniors, known as Medicare Part D. O’Neill was
ousted on Dec. 6, 2002, and a couple of days later the fiscal-gap study was
discarded.
I’m not sure whether censoring the fiscal gap is more
dishonorable than fudging it. What I do know is that we can’t assume our
problems away and that I expected far better of this president when I voted for
him.
--Editors:
James Greiff, Steven Gittelson
Pro-government
forces, rebels engage in battles for territory (Washington Post) [ The big story here, lost on
mainstream media, was the manipulated stock / oil price fraud based upon false
rumor of daffy gaddafi not ducking and
having been shot. Remember: there’s no place for reality in pervasively
corrupt, defacto bankrupt america and on fraudulent wall street particularly. STOCKS
MAKE HUGE TURNAROUND ON STUNNING COLLAPSE IN OIL: BASED SOLELY ON NOW KNOWN TO
BE FALSE TWITTER RUMOR! [ Don’t be
surprised if the frauds on wall street initiated the rumors; their fraudulent
manipulations have included far worse … put them in jail where they belong,
with fines, disgorgement! ( ‘…an apparently Twitter-borne rumor started making the rounds
that Qaddafi had been shot! There was no basis for it, but oil simply
collapsed…’ ) ] , On Thursday February 24,
2011 Thank Twitter-borne rumors of Qaddafi's death for the fact that
markets totally didn't get crushed today…’ ] Militiamen, mercenaries hit cities
near capital while protesters seized air force base; U.S., other Western powers
consider responses to situation. Gaddafi
loyalists launch counterattacks ]
Crude prices broke through the $100-a-barrel threshold as violence in
Libya continued to shake markets.
STOCKS
MAKE HUGE TURNAROUND ON STUNNING COLLAPSE IN OIL: BASED SOLELY ON NOW KNOWN TO
BE FALSE TWITTER RUMOR! [ Don’t be
surprised if the frauds on wall street initiated the rumors; their fraudulent
manipulations have included far worse … put them in jail where they belong,
with fines, disgorgement! ( ‘…an
apparently Twitter-borne rumor started making the rounds
that Qaddafi had been shot! There was no basis for it, but oil simply
collapsed…’ ) ] , On Thursday February 24,
2011
February
22, 2011: Mohamed A. El-Erian, CEO PIMCO predicts a period of, at best,
stagflation; which of course is bad for stocks (and worse).
That
House You Bought 10 Years Ago Is Worth Exactly The Same Now As It Was Then
Depew ‘The chart below shows the median price for existing homes, which is down
3.7 percent year-over-year to $158,000. Some interesting things to note about
this:
1) While existing home sales increased 2.7 percent, the percent of home sales
which were distressed rose to 37 percent, an incredible amount if you stop to
think about it.
2) Also, 32 percent of the existing home sales transactions were for cash.
3) Oh, and if you were thinking that the housing bubble collapse has
exterminated all speculative activity in the housing market, consider that 23
percent of all sales went to buyers classified as "investors."
4) Finally, while the inventory of existing homes available declined to a
little less than 8 months' worth at the current pace of sales, if you factor in
the high percentage of distressed sales along with the fact that the National
Realtors' Survey doesn't account for inventory listed by banks and private
agents... well, you can see where this is headed. [chart]’
The
U.S. Dollar Is No Longer a Safe Haven
Ethics
code urged for Supreme Court
(Washington
Post) [ Sounds like a plan! Come on!
Wake up! After all, what can you expect from two guidos from ‘jersey (alito and
scalia, colloquial – note that I have refrained from using what some might
consider disparaging terms as w*p*, gui***s, or da***s … and let me state for
the record that I truly loved and respected my grandmother who was 100%
Italian/Bari,Italy and as well my grandfather/Lake Como,northern Italy with
greek ancestral roots and thereby claim standing/right to posit the criticism
in light of my direct experience. ). How ‘bout starting with enforcing laws as
to judges, liars, etc., within the very corrupted american illegal system; and,
particularly bribes which in one form or another are rampant . I don’t know
about Thomas, but I do know about alito and ‘jersey … : October 15, 2010 (*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention of
the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that
prosecuted gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he
predicated a retaliatory and spurious contempt proceeding against me causing
substantial damage, and for which he sought Judicial Notice of those and
related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met personally
refused to join or file a separate motion to recuse and not long
thereafter left said office for private practice at Cole, Shotz, et als on
retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents,
affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes
in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan
Lacey with whom I met personally at the U.S. Attorney’s Office in Newark,
N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is
also corrupt (and maybe corrupt because he is inept). After a reasonable
(but still rather short) time I called to determine the status and was
told that Alito was no longer with the Office of the U.S. Attorney, that
he was (appointed) a federal judge, and that neither the documents nor any
file or record of same could be located. Alito did parley the same /
cover-up into quid pro quo direct lifetime appointment to the Court of
Appeals, 3rd circuit, despite the absence of judicial
experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as
well). This is the same Sam Alito that now sits on the purported highest
court in the land. The real application of the illegal rule ‘don’t ask,
don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the meaningful
rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
] Group
of law professors' appeal comes after controversies involving travel and
appearances at political events by several justices.
16
miles away, Saudi Arabia's watchful eye looms over Bahrain unrest (Washington Post) [ I’m sure they
are… with a microscope at that. Saudis Worried
Protests Will Hit Home - saudi arabia;
talk about do nothing hypocrites. How does one family claim ownership of all
the oil reserves of a sovereign nation; I suspect only when foreign
corporations say so For the sake of the saudi Arabian people, more
than just protests should come to fruition!
] AFP | Saudi royal warns Arab world uprisings could cause
harm unless they reform. Bahrain authorities launch surprise attack on protesters [There’s the america and saudi Arabia
effect; far less than democratic and far more deadly in the mideast among other
places; talk about hypocrites. How does one family claim ownership of all the
oil reserves of a sovereign nation as the saudis; time for the saudis to go the
way of dictator Mubarak and take the war criminal americans with them. ] Los Angeles Times Tear gas
canisters bombard sleeping protesters in Manama's Pearl Square. At least two
men are reported killed Video: Bahrain
protesters look to emulate Egypt revolt 
euronews Riot Police Attack Bahrain Protesters Voice
of America ‘Saudi
Arabia sending troops to Bahrain’ Saudi Arabia is sending troops to Bahrain in a move to crack down
on pro-democracy protesters who took to the streets in the capital Manama, a
political analyst says. [SAUDIS TOLD OBAMA 'NOT TO HUMILIATE MUBARAK'
[ Sounds like they’re hearing footsteps…Previous: Egyptian
capital teeters on anarchy Mubarak
asks cabinet to resign as anti-regime protests intensify
(Washington Post) [ Mubarak should have been looking in the mirror as he asked
his cabinet to resign … 30 years is a long time, and coincidentally, time for
him to go. In
Egypt: Access denied (Washington Post) [The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does
anyone think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP)
Internet cutoff fails to silence Egypt protests (AP)
- ]
]
A
steep challenge for Arab world (Washington Post) [ I’m sure the rest of the defacto bankrupt world
would love to have the lagging problem of the Arab nations of rich real assets
as opposed to the fake fraudulent worthless paper assets the so-called ‘rest of
the world’ is ‘sporting’. Economist:
United States Worse Off than Greece Dr. Laurence Kotlikoff is an economics
professor at Boston University. He says the Treasury and the government are
fudging the national debt numbers. Kotlikoff says the United States is bankrupt
and we don’t even know it. Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of
economic revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them."Check the accompanying video for more of Howard's unfettered
opinions and stay tuned for additional clips from
this interview. And...Happy Thanksgiving! Aaron Task is the host of Tech
Ticker. You can follow him on Twitter at @atask or email him at
[email protected]’ Timid
Tuesday: Is it Safe? Davis ‘… This is how we
pay off our current debts and I think bondholders are simply happy to get
anything out of a country that admits it owes $15Tn (1/4 of global GDP) but probably
owes closer to $60Tn (entire global GDP) in the form of unfunded liabilities.
The funniest thing about this (and you have to laugh) is to see Conservative
pundits get on TV and talk about how we need to cut $100Bn worth of
discretionary spending to "fix" this (while continuing to spend $1Tn
on the military and $1Tn on tax cuts for the top 1% each year). There is no
fixing this and even a Republican said you can’t fool all of the people all of
the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE
CAREFUL OUT THERE! ‘
] Despite the rich resources in the region,
Arab nations lag behind rest of world economically.
Economic
forecast (Washington
Post) [ And you can take that to your
local insolvent bank…or not even your local insolvent bank; but rather, your
non-local insolvent bank that’s still carrying the toxic
assets/paper/securities now marked to anything by way of FASB rule change, professional
criminal courtesy via congress, as the the wall street frauds cash out for hard
fiat currency. What do you expect them to say? This wasn’t even a recession to
be, as per forecast. They haven’t the slightest clue what they’re doing other
than the ‘narcotic effects’ of the non-stop printing press fiat currency ‘feels
good’ and buys time, politically. ] White House policymaker predicts that the recovery should continue
despite oil prices, European crisis.
Pressure
mounts on Gaddafi (Washington Post) [ That he was always a caricature of
sorts, there is no question. That he’s totally burned out, there’s also no
doubt; though they might argue in his defense that so was dumbya bush … a point
well taken … but look at the consequential pathetic state of pervasively
corrupt, defacto bankrupt america … with the unlit torch passed to wobama the b
(for b*** s***) who pretends, or maybe in his alternate and fake reality just
believes it’s lit. That he’s done, also fait accomplis, after 41 years … who
cares. That he’s insane … now that’s quite another thing with greater worldwide
implications, so, daffy… gadaffy… duck!
Gaddafi vows to maintain hold on power Libyan
strongman says he'll fight 'until the last drop of my blood' (Washington Post) [ His latter wish is the
world’s command. ‘Something there is that doesn’t love a dictator, that wants
them down’ … (Excuse me … I was thinking of walls and ‘Mending Wall’, Robert Frost).
Libya
Internet Shut Down Amid Protests, Per Multiple Reports [ Once again, as in Egypt, this, the
internet, inherently global in nature is the lynchpin, tampering with or
stifling same marking the end of any regime. Let this be a warning; viz., you
cannot put the genie back in the bottle! 41 years? Gadaffy duck should duck
‘cause he’s done. I mean, look at him, he’s the singular equivalent of the
multiple bushes. He’s totally burnt out (as much or more so than dumbya bush or
mubarack) and quite done! ] Reports have emerged late Friday that Libya appears
to have shut down its Internet due to widespread protests, less than a month
after Egypt did the same. ] With rebels
apparently controlling much of the eastern half of the country, the violence
engulfing Libya is already the worst in more than a month of unrest that has
toppled other regimes.
]
Milbank:
Rush
Limbaugh's unfair food fight (Washington
Post) [ I’m no fan of limbaugh’s which can easily be discerned from my web site
and posts thereon. But, truth be told, I’ve become even less a fan of the
wobamas who have revealed themselves as so typically jive-talking b*** s***
that to most rational, civilized people, they’d be embarrassed. But not the
wobamas the b (for b*** s***, their middle name). As I’ve said before, like
water off a duck’s back is the effect of
deserved criticism on wobamas and their ilk. They have become part of
the problem, not the solution. Almost any criticism, by almost anybody is
criticism deserved and welcomed (I previously excepted the BP scenario which
was in my view undeserved criticism of wobama. But that’s it! I’m with Limbaugh
on most any criticism of the wobamas. Drudgereport: Michelle Obama, Daughters Hit
the Slopes on Ski Vacation ...
Vail...
Bidens vacation on Fla
Keys...
FLASHBACK: Obama on tough
economy: 'You might put off a vacation'...
'Everyone must sacrifice'...
RASMUSSEN: OBAMA APPROVAL
SLIPS BACK TO 44%...
Gov't shutdown threat looms
over budget fight... DEBT NOW EQUALS ENTIRE
ECONOMY
OBAMA AGENDA IS OVER Obama refers to himself as
'The Gipper'… [ Riiiight! …anything you say wobmama the b for b*** s***… or
maybe the bipper, the chipper, or the yankee clipper (the new joltin’ joe)
…sounds like he’s losing it! ] ... ]
Deaths of four Americans reflect increasing
violence of Somali piracy (Washington Post) [ Drudgereport: U.S. Warship Tracking Yacht
Hijacked by Somali Pirates... [ I realize there are ‘laws of the
sea’ / codified bodies of law within that broad yet very specific category
called ‘maritime law’, none of which I know nor care to know (I’ll content
myself to knowing and seeing to the enforcement of american law as pertains to
me; viz., RICO http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm .
I do know that these somali pirates need killin’ and I further believe
that open season on them including using their boats in the water for target
practice makes sense and certainly is morally justified. I’m tired of hearing
about those little weasels … you know, ‘the skinnies’. ]
On
Obama's jobs tour, unemployed have little voice (Washington Post) [ This of
course is so true. That wobama’s done there’s no question. Indeed, despite the
rhetoric, separate terms, hasn’t he proven to be, and isn’t wobama just a
continuation of the NWO / NAFTAite regimes that landed the nation here in this
foul, pervasively corrupt, defacto bankrupt position. How different are
america’s entrenched corrupt bureaucracies / ‘leaders’ from the dictators and
their corrupt bureaucracies being deposed today. If only wobama wasn’t the
typical, jive-talikin’ wobama the b (for b*** s***) he is and did what he ran
and was elected on, the outcome for fallen america would have been substantially
better, though still dire, than that which lies ahead.
Obama’s 2012
Budget: Tool Of Class War Paul Craig Roberts | Continues
Wall Street’s war against poor & middle classes. ] White House officials
were unable to give a single example of him interacting, even in private, with
a person who had recently lost a job.
State
budget woes draw more protests (Washington Post) [ Obama
joins Wisconsin budget battle Democratic
lawmakers flee state in attempt to block anti-union bill (Washington Post) [ Looks like capital hill can
pick up a few pointers from ‘dem dems … fleeing the state, that is … except in
their case it’ll be fleeing the nation-state, or what’s left of same. Drudgereport: Michelle Obama, Daughters Hit
the Slopes on Ski Vacation ...
Vail...
Bidens vacation on Fla Keys...
FLASHBACK: Obama on tough
economy: 'You might put off a vacation'...
'Everyone must sacrifice'...
RASMUSSEN: OBAMA APPROVAL
SLIPS BACK TO 44%...
Gov't shutdown threat looms
over budget fight... DEBT NOW EQUALS ENTIRE
ECONOMY
OBAMA AGENDA IS OVER Obama refers to himself as
'The Gipper'… [ Riiiight! …anything you say wobmama the b for b*** s***… or
maybe the bipper, the chipper, or the yankee clipper (the new joltin’ joe)
…sounds like he’s losing it! ] ...Debunking
the 'Debunking Myths of U.S. Collapse' Post Ridder [ Stated another way, the collapse of the (dis)united
states is at hand. Now, let me state, that doesn’t mean america will disappear
from the face of the earth, but the reality truly is ‘death from a thousand
cuts’. It’s not just China’s rise, but america’s decline and fall with the
concomitant relative rise of other nations, regions. Quite simply, and
historically factual reality has proven, nation-states cannot and have not
survived the multitude of negative, destructive, and self-destructive things
america has done and prosper as a leading nation. From perpetual war, to
pervasive corruption, fraud, criminality across all stratum including institutions,
government of american society, to what I believe as well to be an evolved
genetic bias of inherent criminality/mental illness which is ill-adapted to the
strictures of a more enlightened 21st Century by way of near instantaneously
available information, with truth and factual reality being america’s greatest
enemy. In support of the foregoing I will reiterate reasons, infra.] Debt
relief for states proposed (Washington Post) [ I’ve heard of the ‘blind leading the blind’, but the ‘bankrupt
borrowing from the bankrupt’ seems to be a nouveau american phenomenon destined
for ‘clichedom’. Previous: Governors
plan painful cuts amid budget crises (Washington Post) [ This truly is a disaster in the making, with
consequences even more dire than the grim outlook set forth by Meridith
Whitney, if that could even be fathomed. It’s really going to be all that
bad…see infra, The Economic Collapse, ‘#10 The municipal bond crisis could go “supernova” at
any time. Already, investors are bailing out of bonds at a frightening
pace. State and local government debt is now sitting at an all-time high
of 22
percent of U.S. GDP. According to Meredith Whitney, the municipal
bond crisis that we are facing is a gigantic threat to our financial system….“It has
tentacles as wide as anything I’ve seen. I think next to housing this is the
single most important issue in the United States and certainly the largest
threat to the U.S. economy.” Economist:
United States Worse Off than Greece Dr. Laurence Kotlikoff is an economics
professor at Boston University. He says the Treasury and the government are
fudging the national debt numbers. Kotlikoff says the United States is bankrupt
and we don’t even know it.
Obama:
US needs better math, science education (AP) [Well, one thing we absolutely
know as true is that there’s at least one person in america in need of better
math skills and his name is’ wobama the b’ (for b*** s*** - despite campaign
promises to the contrary he actually ramped up war spending also despite
defacto bankruptcy of the nation – bush, if only it was just his math skills,
ramped of war spending while cutting taxes … to his base, a wobama’s on the same
page – how totally pathetic both of them are / were) … but let’s not kid
ourselves, from capital hill to wall street, etc., math skills are indeed
lacking. ]
Alan
Greenspan Takes Credit For The Financial Crisis Levin “The morning after we learned of the news,” Greenspan said
of the Dow Jones plunging 6.98 percent that day in September 2008, “I was able
to look myself in the mirror and say, ‘Hey, not bad.’” Sure, if he’d tried just
a little harder he could’ve done better– 10 percent would’ve been a dream– but
really, all things considering, not bad! Solid B+ work. [NYU via BI]
Internet tool shows French web surfers 'Jewish-curious' (AFP) - AFP - An Internet tool that flags up popular
search words has spontaneously revealed a deeper trend: French web surfers'
exceeding curiosity about whether their politicians are Jewish. [ To their
credit, at least in France it might matter … to america’s discredit and
self-destruction, it doesn’t even matter … as Buchanan aptly put it ‘capital
hill is occupied israeli territory and just proved it again with the
foolhardy veto of the un resolution
condemning illegal israeli settlements. ]
] The standoff in Wisconsin over
budget cuts spread to other states on Tuesday as union leaders began to
organize protests in other capitols and Democrats in a second state, Indiana,
effectively staged a walkout.
Gaddafi vows to maintain hold on power Libyan
strongman says he'll fight 'until the last drop of my blood' (Washington Post) [ His latter wish is the
world’s command. ‘Something there is that doesn’t love a dictator, that wants
them down’ … (Excuse me … I was thinking of walls and ‘Mending Wall’, Robert
Frost). Libya
Internet Shut Down Amid Protests, Per Multiple Reports [ Once again, as in Egypt, this, the
internet, inherently global in nature is the lynchpin, tampering with or
stifling same marking the end of any regime. Let this be a warning; viz., you
cannot put the genie back in the bottle! 41 years? Gadaffy duck should duck
‘cause he’s done. I mean, look at him, he’s the singular equivalent of the
multiple bushes. He’s totally burnt out (as much or more so than dumbya bush or
mubarack) and quite done! ] Reports have emerged late Friday that Libya appears
to have shut down its Internet due to widespread protests, less than a month
after Egypt did the same. ] With rebels
apparently controlling much of the eastern half of the country, the violence
engulfing Libya is already the worst in more than a month of unrest that has
toppled other regimes.
I knew
there was something especially (but typically) not right in Friday’s (and
Thursday’s) trade; and, sure enough, it was a full moon Friday as per lunar
calendar (a must in today’s markets owing to the prevalence of lunatics /
criminally insane on wall street).
U.S.
vetoes Security Council resolution denouncing Israeli settlements
(Washington Post) [ Drudgereport: Hillary Clinton:
Israeli Settlements 'Illegitimate'… [We know that hill … We’ve known that for
quite some time along with their illegal nukes, war crimes, etc…The whole world
knows that hill… so don’t just talk about it … DO SOMETHING! ] ...
Yes! … in pervasively corrupt, defacto america’s self-defeating,
self-destructive way they are doing something … U.S.
vetoes Security Council resolution denouncing Israeli settlements … Sounds
like a plan! … right! ]
SEC
names Sean McKessy to head new whistleblower office (Washington Post) The
appointment sets off alarm bells among whistleblower advocates. [ Indeed it
should, regardless of ‘who’. In pervasively corrupt, defacto bankrupt america
there is always that pre-calculation: juice / no juice, payer
(bribes/contributions) / non-payer, potential after gov’t job opportunity / no
job opportunity, etc.. Video: Why Isn’t
Wall St. in Jail? [ This truly will prove to be the story of the century
(albeit an abbreviated one and a turning point toward america’s intractable
decline) owing to what will ultimately be the lynch-pin of global economic /
financial collapse ushering in an era of great scarcity in more ways than can
be imagined. The pervasively corrupt, defacto bankrupt american nation /
government has literally underwritten this massive fraud at the expense of the
vast majorities directly and indirectly, precluded prosecution while
obfuscating the substantial crimes, literally becoming accomplices thereby.
There is absolutely no excuse for what is essentially a defalcation and
abrogation of duty. I was watching a somewhat obscure film recently which
(though elsewhere on this page and site I’ve set forth alarming crime
statistics clearing showing america as number 1 in all categories by wide
margins) which set forth the statistic that america has 85% of the world’s
serial killers (and I’d go further in saying it is likely that america has a
similar lead in war crimes, etc.) ] MSNBC | Cenk
Uygur talks to Matt Taibbi about his latest Rolling Stone article. …… I mean, give me a frickin’ break! Let’s
get real here … probably the most egregiously dangerous years for
whistleblowers were the clinton years when even potential whistleblowers were
targeted; ie., Mary Mahoney, former clinton security team members, etc., see http://albertpeia.com/bodycount.htm ie., Mary C. Mahoney: 25,
murdered at the Georgetown Starbuck's coffee bar over the 4th of July '97
weekend. She was a former White House intern who worked with John Huang.
Apparently she knew Monica Lewinsky and her sexual encounters with Bill
Clinton. Although not verified, it has been said that Lewinsky told Linda Tripp
that she did not want to end up like Mahoney…Steve Willis,
Robert Williams, Todd McKeahan & Conway LeBleu:
Died Feburary 28, 1993 by gunfire at Waco. All four were examined by a
pathologist and died from identical wounds to the left temple. All four had
been body guards for Bill Clinton, three while campaigning for President and
when he was Governor of Arkansas.They also were the ONLY 4 BATF agents killed at
Waco…, etc. but the bushies / cia / wall street are comparable and as well in
some different, more subtle ways; ie., discrediting, false charges, etc.. ] The appointment sets off alarm bells among
whistleblower advocates.
A
frayed alliance: Obama and unions Wis.
budget impasse deepens (Washington
Post) [ Frayed? How ‘bout flayed, fillet, and souffled … Or, screwed, nude, and
double chewed … Drudgereport: OBAMA BACKS UNION UPROAR
PELOSI
BACKS PROTESTERS: 'I STAND IN SOLIDARITY'...
DEBT
NOW EQUALS ENTIRE ECONOMY
OBAMA
AGENDA IS OVER
Obama
refers to himself as 'The Gipper'… [ Riiiight! …anything you say wobmama the b
for b*** s***… or maybe the bipper, the chipper, or the yankee clipper (the new
joltin’ joe) …sounds like he’s losing it! ] ...
BUDGET
WOES FORCE STATES TO CONSIDER ABOLISHING '12 PRESIDENTIAL PRIMARIES...
STATE
BUDGETS ON THE BRINK: CA, TX, IL, NY, NJ...
WISC
GOV: 'NOT GOING TO BE BULLIED, INTIMIDATED'...
Orders
state troopers to bring Dems to Capitol...
'There
Is Fear For Scott Walker's Safety'...
Dem
Sen: We'll stay away for weeks...
WALKOUT:
Milwaukee Schools closed; teachers call in 'sick'...
REPORT:
Average city teacher compensation tops $100,000...
PAPER:
GET BACK TO WORK!
DNC
playing role in protests...
Jesse
to the Rescue: Jackson rallies protesters...
'A
real Martin Luther King moment'...
Union
Fight Heats Up...
Republicans
vow to cut spending in state capitols...
Protests
Spread to Ohio...
Michigan...
'Coming
To Minnesota'...
Idaho
offical target of threats over education reform plan...
Egypt
in America?
'Day
of Rage' Hits Wisconsin over state unions...
Madison
schools closed; 1,100 teachers call in 'sick'...
Obama:
'Assault on Unions'...
Obama-founded
OFA spearheading effort to defeat bill...
Boehner:
'Suspend these tactics'...
DEMS
FLEE STATE HOUSE
SENATE
DEMOCRATS FOUND -- AT A RESORT IN ILLINOIS!
Gov.
Walker calls on Dems to return, vote...
Protesters,
supporters clash in Ohio over union bill...
Activists
swarm Boehner's Capitol Hill home; Chant 'don't tread on DC'..
Carney:
Stimulus 'Goals Have Been Met'...
GALLUP:
Unemployment hits 10%...
Feds
Borrow Additional $29,660/Household Since Obama Signed Stimulus...
Ratings
Downgrades Loom for Cash-Strapped States...
Hillary Clinton: Israeli Settlements 'Illegitimate'… [We know that
hill … We’ve known that for quite some time along with their illegal nukes, war
crimes, etc…The whole world knows that hill… so don’t just talk about it … DO
SOMETHING! ] ...
Offended
Mubarak refuses calls from Obama...
Ahmadinejad:
Obama can't spell his own name (True … it’s ‘w o b a m a’ with ‘the b for b*** s***’ his surname …
he’s so pathetic and a total caricature / joke!) ...
Egypt's
protests flare despite military warning...
Libya
set for 'day of anger'...
Thousands
of police confront protesters in Yemen...
Riot
police storm Bahrain camp; 2 reported dead...
ABCNEWS
Correspondent Beaten...
100
Egyptians reach Italy amid Arab exodus...
CARTER:
Muslim 'hood nothing 'to be afraid of'...
PAPER:
Senate hearing turns into farce as American ignorance on Egypt revealed...
USA TO REBUKE ISRAEL AT UN
Poll:
Majority of Republicans Doubt Obama's Birthplace...
Agents
Shot in Mexico...
WORRIES
OBAMA OFFICIALS...
ICE
IN VICE...
GAO:
Feds have 'operational control' of 44% of border; just 15% 'air tight'...
DAY
3: 'Watson' the computer creams human 'JEOPARDY!' champs...
REPORT:
Steve Jobs receiving treatment at cancer center... PAPER:
'Reportedly sicker than previously admitted'...
ISSA
MAKES A MOVE: New subpoena seeks records on sweetheart loans...
U.S.
Government Shuts Down 84,000 Websites, ‘By Mistake’
'Kill
Switch' Internet bill alarms privacy experts...
GOP
BLASTS FCC NET RULES...
TSA
agents busted at JFK for stealing $160,000 from bags...
Hillary
Clinton donors indicted...
Man
mugs 96-year-old -- for $5...
France
Wants New Global Finance System; End of Dollar Dominance...
Fannie,
Freddie bailout: $153 billion and counting...
GALLUP:
Unemployment at 10.3%...
Muslim
Bros plan political party...
Present
Two Faces...
Pakistan
Islamists warn of protests if US prisoner freed...
SECSTATE
JR: Sen Kerry arrives in Pakistan, expresses 'regret', 'sorrow'...
GADDAFI
TELLS PALESTINIANS: REVOLT AGAINST ISRAEL
World
Bank: Food prices at 'dangerous levels'...
Gov't
Motors to pay out $189 million in bonuses; some workers to get 50% payoffs..
Deficit
Expected to Jump to $1.65 Trillion...
...'slow
train wreck coming'
BUDGET
BLOWOUT: How big is $3.73 trillion? $12,000 from each American...
ANALYSIS:
$1.5 trillion
tax hike over 10 years...
AIRLINES:
New fees would be $2 billion tax increase on flyers...
Sessions:
Obama failed on budget...
Long
Spending Fight...
Produce
prices to skyrocket with freeze in Mexico, Southwest...
Clothing
Prices to Rise 10% Starting in Spring...
China
Replaced Japan in 2010 as Number 2 Economy...
China
plans Colombian rail link to challenge Panama canal...
The
March On Berlusconi...
Berlusconi
indicted in prostitution probe...
Malware
'Aimed at Iran Hit Five Sites'...
Mubarak
'falls into coma after final speech'...
Egyptian
military orders last protesters out of 'Liberation Square'...
Consolidates
power...
Delivers
ultimatum...
Boy
wrestler forfeits match to female opponent... [ What a homo! Wow! I
feel sorry for those guys she actually beat (20 of them – her record was 20 and
13) … they’ll probably never get over it … nor should they … I have to rethink
my regard for Iowa, Iowa state wrestling now presuming such stalwart
championship teams to be the products of out-of-state imports … as for the guy
who forfeited, he could have easily and gently taken her down (you can easily
do that with a lesser opponent), got her in a double grapevine and grind her in
a certain way into the mat, and when she was in the throws of convulsive
orgasm, she’d unwittingly arch her back, thereby pressing her own shoulder
blades to the mat, thereby pinning herself, thus enabling the homo to say in a
manner of speaking that he was making heterosexual love not war with her ………
how pathetic and preposterous this was … and, let me remind the homo that God
doesn’t care that you wrestle a girl who wants to wrestle! ]
]
House
approves dramatic cuts in federal spending
Vote
sets up showdown with Dems; threat of shutdown looms (Washington
Post) [ As they say on SNL, ‘What’s up with that?’. Come on! Wake up! That
doesn’t even cover the interest on a $14 trillion debt. And, how disingenuous
of the author to write, ‘largest cut of its kind since WWII’… Not in percentage
terms by a long shot! … Timid
Tuesday: Is it Safe? Davis
‘… This is how we pay off our current debts and I think bondholders are
simply happy to get anything out of a country that admits it owes $15Tn (1/4 of
global GDP) but probably owes closer to $60Tn (entire global GDP) in the form
of unfunded liabilities. The funniest thing about this (and you have to laugh)
is to see Conservative pundits get on TV and talk about how we need to cut
$100Bn worth of discretionary spending to "fix" this (while
continuing to spend $1Tn on the military and $1Tn on tax cuts for the top 1%
each year). There is no fixing this and even a Republican said you can’t fool all
of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT
THERE! ‘ ] After all-night debate, House votes
235-189 to approve plan to cut $60 billion in federal funding in what'd be the
largest cut of its kind since WWII.
Stock Melt-Up Continues to Ignore Warnings [ While I generally warn against
short-selling as an investment strategy for all but the most successful
speculators (there are very, very few), if there ever was a time to try your
luck at same, that time is now! We’re now beyond the absurd in these
overbought, overvalued, contrived, manipulated markets. See also, Dave infra,
‘…Further, the Philly Fed (riiiiight … that global hub of manufacturing
activity) came in much higher than expected although inside the numbers the
prices paid vs prices received disparity was the greatest since 1979. That
wasn't a great time for corporate profits. Even though there's some
"discussion" within the Fed over the effectiveness of QE operations
another heavy dose of POMO
was released to trading desks again
Thursday. …’ Why Isn’t Wall Street
in Jail? Matt Taibbi
| Financial crooks brought down the world’s economy — but the feds are doing
more to protect them than to prosecute them. This is a not too big to fail, but
a too willing to pay bribes to jail - reality. (This really is beyond the pale,
particularly when they trumpet prosecution of $225 million in medicare frauds
while wall street’s continuing fraud in the trillions remains unprosecuted –
there is no excuse whatsoever – pervasively corrupt, defacto bankrupt america
is done!). ] Minyanville ‘Suttmeier, chief market strategist at ValuEngine.com: The
stock melt-up has the major equity averages above this week’s pivots putting
the focus on the Nasdaq and its quarterly risky level at 2853. The Dow Transports broke above the potential double-top. Stocks are
ignoring the ValuEngine Valuation Warning and extreme overbought technical
market indicators. The 10-Year yield failed at my weekly risky level at 3.568
after holding my annual value level at 3.791 last week. Comex gold is above my
annual pivot at $1356.5 and closed above its 50-day simple moving average at
$1372.2. Nymex crude oil remains below my semiannual pivot at $87.52, but is
now oversold. The euro is above its 50-day simple moving average at 1.3377 with
this week’s risky level at 1.3636.
Jobless
Recovery?: 25 Unemployment Statistics That Are Almost Too Depressing To Read ‘…
Unemployment is up again! That’s right – even though Wall Street is swimming in
cash and the Obama administration is declaring that “the recession is over”,
the U.S. unemployment rate has gone even higher. So are you enjoying the
jobless recovery? Economic
Collapse Blog Dec 4, 2010 ‘Guess what? Unemployment is up
again! That’s right – even though Wall Street is swimming in cash and the
Obama administration is declaring that “the recession is over”, the U.S.
unemployment rate has gone even higher ... Times are really, really tough and
unfortunately the long-term outlook is very bleak. We should have
compassion on those who are out of work right now, because soon many of us may
join them.
The following
are 25 unemployment statistics that are almost too depressing to read….
#1 According to the Bureau of Labor Statistics, the
U.S. unemployment rate for November was 9.8
percent. This was up from 9.6 percent in October, and it continues a
trend of depressingly high unemployment rates. The official unemployment
number has been at 9.5 percent or higher for well over a year at this point.
#2 In November 2006, the “official” U.S. unemployment
rate was just 4.5
percent.
#3 Most economists had been expecting the U.S. economy
to add about 150,000 jobs in November. Instead, it
only added 39,000.
#4 In the United States today, there are over 15
million people who are “officially” considered to be unemployed for
statistical purposes. But everyone knows that the “real” number is even
much larger than that.
#5 As 2007 began, there were just over 1 million
Americans that had been unemployed for half a year or longer. Today,
there are over
6 million Americans that have been unemployed for half a year or longer.
#6 The number of “persons not in the labor force” in
the United States recently
set another new all-time record.
#7 It now takes the average unemployed American over
33 weeks to find a job.
#8 When you throw in “discouraged workers” and
“underemployed workers”, the “real” unemployment rate in the state of
California is
actually about 22 percent.
#9 In America today there are not nearly enough jobs
for everyone. In fact, there are now approximately
5 unemployed Americans for every single job opening.
#10 According
to The New York Times, Americans that have been unemployed for five weeks
or less are three times more likely to find a new job in the coming month than
Americans that have been unemployed for over a year.
#11 The U.S. economy would need to create 235,120
new jobs a month to get the unemployment rate down to pre-recession levels
by 2016. Does anyone think that there is even a prayer that is going to
happen?
#12 There are 9
million Americans that are working part-time for “economic reasons”.
In other words, those Americans would gladly take full-time jobs if they could
get them, but all they have been able to find is part-time work.
#13 In 2009, total wages, median wages, and average
wages all
declined in the United States.
#14 As of the end of 2009, less than 12 million
Americans worked in manufacturing. The last time that less
than 12 million Americans were employed in manufacturing was in 1941.
#15 The United States has lost at least 7.5
million jobs since the recession began.
#16 Today, only
about 40 percent of Ford Motor Company’s 178,000 workers are employed
in North America, and a big percentage of those jobs are in Canada and
Mexico.
#17 In 1959, manufacturing represented 28
percent of U.S. economic output. In 2008, it represented 11.5
percent.
#18 Earlier this year, one poll found that 28% of all American households had at least one member that
was looking for a full-time job.
#19 In the United States today, over
18,000 parking lot attendants have college degrees.
#20 The United States has lost a staggering
32 percent of its manufacturing jobs since the year 2000.
#21 As the employment situation continues to stagnate,
millions of American families have decided to cut back on things such as
insurance coverage. For example, the percentage of American households
that have life insurance coverage is at its lowest level in
50 years.
#22 Unless Congress acts, and there is no indication
that is going to happen, approximately 2 million Americans will stop receiving unemployment checks over the next
couple of months.
#23 A poll that was released by the Pew Research Center
back in June discovered that an
astounding 55 percent of the U.S. labor force has
experienced either unemployment, a pay decrease, a reduction in hours
or an involuntary move to part-time work since the economic downturn
began.
#24 According to Richard McCormack, the United States
has lost over
42,000 factories (and counting) since 2001.
#25 In the United States today, 317,000
waiters and waitresses have college degrees.
But this is
what we get for creating the biggest debt
bubble in the history of the world. For decades we have been digging
a deeper hole for ourselves by going into increasingly larger amounts of
debt. In America today, our entire economy is based on debt. Even
our money
is debt. We were fools if we ever thought this could go on forever.
Just think about it. Have you ever gone out and run up a bunch of
debt? It can be a lot of fun sitting behind the wheel of a new car,
running your credit cards up to the limit and buying a beautiful big house that
you cannot afford. But in the end what happens? It always catches up with you.
Well, our collective debt is starting to catch up with us. There is a sea
of red ink on every level of American society. It is only a matter of
time before it destroys our economy. IF YOU THINK THAT
THINGS ARE BAD NOW, JUST WAIT. THINGS ARE GOING TO GET A WHOLE LOT
WORSE. A HORRIFIC ECONOMIC COLLAPSE IS COMING, AND IT IS GOING TO BE
VERY, VERY PAINFUL.’
17 Things Worrying
Investors Lloyd's Wall of Worry
Worry Count: 17
CHINA: 1,330,044,605 people can’t be wrong.
The PIIGS: Fasten your seatbelts. It’s gonna be a long, bumpy, expensive,
weird, (insert your own adjective here) freak show of a ride.
CALIFORNIA AND THE OTHER 49 STATES: Not yet as dire as “The PIIGS”. Might I
suggest the classier moniker of “The Prosciuttos” for the American basket-case
states?
QE II: Gobble?
U.S. ECONOMY: The “Punky Brewster” of the global economic landscape.
UNEMPLOYMENT: Only thing worse than losing your job, losing your unemployment
check. At least there’s the holiday season to cheer everyone up (read: heavy
sarcasm).
TAXES: Praying to the Financial Market Gods that we don’t have another
TARP-like vote fiasco.
OBAMA ADMINISTRATION PART II: Still two years before the Pres. election and the
peanut gallery is already pleading for a Hail Mary Pass to get them back in the
game.
HFT: Instead of beating up these liquidity supplying traders, let’s honor them
with their very own stock exchange. But wait -- with no retail
saps to pick-off they will never get that Day 1 opening bell tick. Perfect.
XMAS 2010: As my professor friend Nick says, “Nowadays Americans are dining off
of two menus – The Million Dollar and the $0.99 Cent.” And both
are pissed about it.
CURRENCIES: Poor Mr. Greenback. Does someone need a hug?
HOUSING CRISIS: Price Stabilization – Are we there yet? Just a little bit more.
Are we there yet? Just a little bit more. Are we there yet? Just a little bit
more….
INFLATION/DEFLATION: Fed Chief Ben B. comes out swinging from his heels in
defense of inflation promotion. Don’t punch yourself out as this one is likely
to go the distance.
COMMODITIES: Corrected but still sky high; fortunately these prices are only
affecting core, basic, life-sustaining necessities and sparing our electronic
gadgets and plus-sized SUVs. Whew!
INSIDER TRADING: Another black eye for Hedge Funds. I estimate that makes black
eye number 6,597.
INTEREST RATES: South Korea and China slowly turning up the dial to “11”. On
the other hand the U.S. has removed the dial altogether. This never ends well….
NORTH KOREA: Here we go again. (and now Egypt, etc.)
Consumer confidence down, LiveLeak.com - Loonie closes above U.S. dollar … dollar for first time closes below parity on Canadian
loonie … hey, hey, hey … 'Huge' stock decline — but not yet MarketWatch
- Commentary: Adens … ‘mega trend’ looks grim … The
Adens expect a hyperinflationary collapse … ‘ Oh come
on! Manipulated dollar decline with inflated earnings, stock prices thereby,
etc., … we’ve seen this all before … the last few crashes … Jobless
rate jumps to 9.8% as hiring slows (Washington Post) [ The reality is not a mystery! The nation’s
been thrown under the bus for the greater good (wealth) of the very few (frauds
on wall street, etc.); wall street giving out record bonuses from their accomplished
fraud (with no-recession b.s. bernanke help) of $144 BILLION: Come on! This is
gettin’ even more downright ridiculous (if that’s even possible)! Pending home
foreclosure / distress sales up, oil prices (and oil stocks) up, debased dollar
down, plus a little familiar ‘better than expected’ thrown in along with
prospects of a ‘no-recession bernanke’ market-frothing bull session on 60
minutes and, voila, suckers’ rally into the close to keep the suckers suckered!
What’s good for the frauds on wall street is bad for just about everyone else
which includes the vast majority of people and businesses, domestically and
globally, as current dollar manipulation / debasement ultimately results in
higher costs and loss of purchasing power (ie., oil, etc.). Clearly, this is
one of those fraudulent wealth transfers to the frauds on wall street et als
which will ultimately be paid for by those who least are in a position to
afford it, courtesy of the ever more worthless Weimar dollar, etc., inflating
earnings, eps, lowering p/e multiples, etc., see infra. This is an especially
great time to sell / take profits while you can since there's much worse to
come! Previous: Rosy numbers on consumer sentiment, unemployment (far better than
private forecasts) from the government prior to the holiday so-called ‘shop
till you drop’? How can anyone believe anything they say? Najerian interviewed
by Motek chimes in with the reason for good retail cheer; viz., people have
stopped paying their mortgages and are using the funds to purchase retail
goods; while Davidowitz adds that with record numbers of americans on food
stamps, real unemployment at 17+, and wall street giving out record bonuses
from their accomplished fraud (with no-recession b.s. bernanke help) of $144
BILLION … the high end stores /
jewelers will do well … daaaaah! And, with insiders
and wall street frauds selling into the bubble as preceded last crash, this is
an especially great opportunity to sell / take profits! Suckers’ rally on light volume, full moon, and government
complicity (false data / reports) to keep suckers suckered (easy for the wall
street frauds to do with just a mouse click / push of the button – and, they
know all those technical trade lines that are easy to program in this current
phase of the scam/fraud with the debased dollar). Keep in mind, the totally
mindless blather from the ‘cottage industries’ of and fraudulent wall street
itself in talking up lower P/E multiples when the same is a direct result of
the debasement of the dollar and the consequent manipulation / translation (not
real, see Davis, infra) which preceded the financial crisis / last crash.
Unemployment, trade, deficit, etc., numbers continue decidedly worse than
expected along with other negative data (and in the ‘wrong direction’, that
spin accorded ‘down but not as bad as before’ b*** s*** ) yet the market has
rallied like no tomorrow with used home foreclosure / distressed sales, though
abated owing to ‘foreclosuregate’, the other ‘heralded’ good news. Moreover, the dumbo lemmings of Europe have
jumped on the fraudulent defacto bankrupt american crazy train propelled to the
precipice also as if no tomorrow. This is about keeping the suckers sucked in
with the help of a market-frothing pre-election debased dollar for favorable
currency translation and paper (but not real when measured in, ie., gold, etc.)
profits which preceded the last crisis, inflating a bubble as in the last
crisis to facilitate the churn-and-earn, particularly with computerized (and
high frequency) trades and which commissions they’ll get again on the way down.
There is nothing to support these overbought stock prices, fundamentally or
otherwise. These are desperate criminals ‘at work’. Even wall street shill, the
senile Buffett is saying we’re still in a recession (depression) [
Davis: ‘… all profits are inflated
by 10% (from falling, debased dollar) and that 10% is the E that gets divided
from the P and gives us a much better price/multiple to hang our hats on and
that gets investors to BUYBUYBUY …’ The bull market that never was / were beyond wall
street b.s. when measured in gold ] This is a great
opportunity to sell / take profits (these lower dollar, hyperinflationary
currency manipulations / translations to froth paper stocks will end quite
badly as in last crash)! This
is a global depression. This is a secular bear market in a global depression.
The past up moves were manipulated bull (s***) cycles (at best) in a secular
bear market. This has been a typically manipulated bubble as has preceded the
prior crashes with great regularity that the wall street frauds and insiders
commission and sell into. This is a typical wall street ‘programmed computerized
high-frequency churn and earn pass the hot potato scam / fraud as in prior
crashes ( widely reported, high-frequency trading routinely
accounts for more than 50% of daily U.S. equity trading volume and regularly
approaches 70%. )’. This national decline, economic and otherwise, will not end
until justice is served and the wall street frauds et als are criminally
prosecuted, jailed, fined, and disgorgement imposed.The Stock Market's
Long Decline Has Begun Smith ]
Analyst:
Oil Will Hit $300 in a Decade, Regardless of Egypt Read more: Analyst: Oil Will
Hit $300 in a Decade, Regardless of Egypt Weeden & Co. oil analyst
Charles Maxwell says oil prices are bound to move steadily higher during the
next decade, eventually hitting $300 a barrel, regardless of whatever happens
in Egypt.
47
Statistics That Indicate That Economic Stress Points In 2011 Could Be Setting
The Stage For A Global Economic Meltdown In 2012 Is the world approaching a
devastating global economic meltdown? Right now there are a large number of
factors that are creating economic stress points all over the globe.‘The
American Dream Feb 16, 2011 Is the world approaching a devastating global
economic meltdown? Right now there are a large number of factors that are
creating economic stress points all over the globe. All of the crazy
money printing that the Federal Reserve and other central banks have been doing
is putting inflationary pressure on agricultural commodities, oil and precious
metals. Massive floods, horrific droughts and extreme weather patterns
all over the globe are ruining crops and creating food shortages. Some
nations are now actually hoarding food, and in other nations rising prices have
sparked food riots. The price of oil has been moving back towards $100 a
barrel, and if it stays at a high level for an extended period of time that is
going to have very serious consequences for the global economy. In
addition, the growing sovereign debt crisis could erupt again at any
time. Half a dozen nations in Europe are on the verge of insolvency,
Japan’s national debt is now well over 200 percent of GDP, and the global
financial system is growing increasingly concerned about the exploding national
debt of the United States. The truth is that the entire world financial
system is a house of cards balanced on a razor’s edge and it could come down at
any time.
Sadly, very
little has changed since the world financial system experienced almost a
complete meltdown back in 2008. Global financial markets are still a
whirlpool of debt and speculation. One really bad week could put us right
back where we were prior to the infamous Wall Street bailouts. Very
little in our world is truly stable anymore. As we have seen recently in
Egypt, the globe can literally change almost overnight. All it would take
is for one really bad event to happen and world financial markets would
instantly start imploding.
So when will
the coming economic collapse happen? Nobody knows for sure, but the fact
that the global economy is increasingly becoming less stable as we approach the
year 2012 is making a lot of people very nervous.
The following
are 47 statistics that indicate that economic stress points in 2011 could be
setting the stage for a global economic meltdown in 2012….
#1 According to the United Nations, global food
prices set a new all-time record
during the month of January.
#2 In early February the worst freeze in 60
years wiped out entire crops all across the southwestern U.S. and northern
Mexico. Already, it has been reported that some U.S. supermarkets have
doubled or even tripled prices for certain produce items.
#3 It is being reported that due to the recent horrible
freeze in Mexico cases of tomatoes that would usually cost shop owners between
12 and 15 dollars are now going for up to $40.
#4 One of China’s key agricultural provinces is facing
its worst drought in 200 years.
#5 The Food and Agriculture Organization says that up to
two-thirds of China’s wheat crop could be at risk of failing due to weather
conditions.
#6 Officials in Mexico are estimating that four million
tons of corn have been lost because of the recent freeze. That represents
a full 16 percent of Mexico’s annual corn
harvest.
#7 The price of corn has doubled over the last six months
and it recently hit a new all-time high.
#8 The U.S. Department of Agriculture has announced
that corn supplies are the tightest that they have been in 15 years.
#9 It appears that Chinese imports of corn will
be about 9 times larger than the
U.S. Department of Agriculture originally projected them to be for 2011.
#10 The price of wheat has more than doubled over
the past year and it hit a 30-month high on Monday.
#11 In the event of a global catastrophe, current global
stockpiles of wheat would only be able to feed the world for 82 days.
#12 According to Forbes, the price
of soybeans is up about 50% since last June.
#13 The price of cotton has more than doubled over
the past year.
#14 The commodity price of orange juice has doubled since 2009.
#15 The price of sugar is the highest it has been in 30 years.
#16 The United Nations is projecting that the global
price of food will increase by
another 30 percent by the end of 2011.
#17 In the U.K., the official rate of inflation is now twice as high as the
target rate of inflation.
#18 Inflation in China is starting to get out of
control. For example, food prices in China rose 10.3 percent during the
month of January.
#19 Almost 14 percent of all credit
card accounts in the United States are currently 90 days or more delinquent.
#20 New home sales in the state of California were
at the lowest level ever
recorded in the month of January.
#21 According to the U.S. Bureau of Labor Statistics,
the number of job openings in the United States declined for a second straight month
during December.
#22 Average household debt in the United States has now
reached a level of 136% of average household income.
#23 It is estimated that there are about 5 million
homeowners in the United States that are at least two months
behind on their mortgages, and it is being projected that over a million
American families will be booted out of their homes this year alone.
#24 Today, 46% of all Americans carry a
credit card balance from month to month.
#25 700,000 Americans have signed up for a credit card
that has interest rates that go as high as 59.9%.
#26 Americans now owe more than $889 billion on student loans,
which is even more than they owe on credit cards.
#27 The FDIC is “insuring” U.S. bank deposits that total
5.4 trillion dollars with a deposit insurance fund that is currently sitting at
approximately negative 8 billion dollars.
#28 The Social Security trust fund will run a deficit
of 56 billion dollars this
year. Just a couple of years ago government planners were promising that
we would not have any Social Security deficits until at least 2016 or 2017.
#29 When you adjust wages for inflation, middle class
workers in the United States make less money today than they did back in 1971.
#30 4.2 million Americans have
been unemployed for one year or longer at this point.
#31 The number of Americans that have become so
discouraged that they have given up searching for work completely now
stands at an all-time high.
#32 According to a recent Gallup poll, 35 percent of Americans
believe that unemployment is currently the most important problem in the United
States. Another 29 percent believe that the economy is currently our
biggest problem.
#33 Gallup also says that 19.6 percent of the workforce in
America is currently either unemployed or underemployed.
#34 The U.S. government says that 504,000 Americans “dropped out of
the labor force” in January.
#35 The Obama administration is projecting that the
federal budget deficit will be 1.65 trillion dollars for
fiscal 2011.
#36 It is estimated that the total U.S. national
debt will be greater
than 100 percent of GDP by the end of this fiscal year.
#37 The U.S. government relies on foreign nations such
as China and Japan to finance 40 percent of all new government debt.
#38 State and local government debt is now sitting at an
all-time high of 22 percent of U.S. GDP.
#39 The Chinese are now hoarding gold like there is no
tomorrow. In fact, Chinese demand for gold has now risen to
approximately 25% of total global production.
#40 According to
a recent report from the World Economic Forum, the world is going to need
another $100 trillion in credit to support projected “economic growth” over the
next decade.
#41 According to the U.S. Conference of Mayors, visits
to soup kitchens are up 24 percent over the past
year.
#42 One out of every seven
Americans is now on food stamps.
#43 One out of every six elderly
Americans now lives below the federal poverty line.
#44 During the last school year, almost half of all school children in
the state of Illinois came from families that were considered to be
“low-income”.
#45 According to a survey released very close to the end
of 2010, 55 percentof all Americans are now
living paycheck to paycheck. A major economic downturn could quickly wipe
out millions of families.
#46 Gasoline prices in the United States are now the
highest that they have ever been
in the middle of February.
#47 Faith in our economic system continues to
decline. According to one new report, only 26 percent of
Americans now trust the U.S. financial system.’
World
Bank President Zoellick Says Surging Food Prices Have Pushed 44 Million People
Into Extreme Poverty Countries in Latin America and Africa, including
Bolivia and Mozambique, are most at risk of food riots as prices advance, the
United Nations reported.
Ongoing
Dollar Devastation Sends Silver Above $31, Only $18.45 From Hunt Brother High It
is good to see that things are back to normal. The now irrelevant, and very
soon to be former reserve currency is getting pummeled as stocks go up on
410,000 initial jobless claims nearly 2 years after the end of the recession.
Replace
the Federal Reserve Altogether A Good Idea Rather than have designation to
what the Fed is doing we believe to a great extent the term quantitative easing
will fade from the major media and Fed announcements, probably to be replaced
by a term such as accommodation.
Video: Why Isn’t
Wall St. in Jail? [ This truly will prove to be the story of the century
(albeit an abbreviated one and a turning point toward america’s intractable
decline) owing to what will ultimately be the lynch-pin of global economic /
financial collapse ushering in an era of great scarcity in more ways than can
be imagined. The pervasively corrupt, defacto bankrupt american nation /
government has literally underwritten this massive fraud at the expense of the
vast majorities directly and indirectly, precluded prosecution while
obfuscating the substantial crimes, literally becoming accomplices thereby.
There is absolutely no excuse for what is essentially a defalcation and
abrogation of duty. I was watching a somewhat obscure film recently which
(though elsewhere on this page and site I’ve set forth alarming crime
statistics clearing showing america as number 1 in all categories by wide
margins) which set forth the statistic that america has 85% of the world’s
serial killers (and I’d go further in saying it is likely that america has a
similar lead in war crimes, etc.) ] MSNBC | Cenk Uygur talks
to Matt Taibbi about his latest Rolling Stone article.
Is
China Hoarding Gold In Anticipation Of A Global Financial Implosion? 10 Facts
About Gold Fever In China That May Surprise You China officially has gold
fever. Chinese demand for gold in 2011 is being called “explosive” and “voracious”.
China imported five times as much gold in 2010 as it did in 2009, and this year
gold sales in China are projected to easily set another new all-time record.
.
Bahrain authorities launch surprise attack on protesters [There’s the america and saudi Arabia
effect; far less than democratic and far more deadly in the mideast among other
places; talk about hypocrites. How does one family claim ownership of all the
oil reserves of a sovereign nation as the saudis; time for the saudis to go the
way of dictator Mubarak and take the war criminal americans with them. ] Los Angeles Times Tear gas
canisters bombard sleeping protesters in Manama's Pearl Square. At least two
men are reported killed Video: Bahrain
protesters look to emulate Egypt revolt 
euronews Riot Police Attack Bahrain Protesters Voice
of America
‘Saudi Arabia
sending troops to Bahrain’ Saudi
Arabia is sending troops to Bahrain in a move to crack down on pro-democracy
protesters who took to the streets in the capital Manama, a political analyst
says. [SAUDIS TOLD OBAMA
'NOT TO HUMILIATE MUBARAK' [ Sounds like they’re hearing
footsteps…Previous: Egyptian
capital teeters on anarchy Mubarak
asks cabinet to resign as anti-regime protests intensify
(Washington Post) [ Mubarak should have been looking in the mirror as he asked
his cabinet to resign … 30 years is a long time, and coincidentally, time for
him to go. In
Egypt: Access denied (Washington Post) [The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does
anyone think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP)
Internet cutoff fails to silence Egypt protests (AP)
- ]
Dick
Cheney and Donald Rumsfeld booed at GOP convention in D.C. New York
Daily News | Donald Rumsfeld and Dick Cheney were booed on Thursday at
the Conservative Political Action Conference.
Ron
Paul At CPAC: ‘Government is in the process of failing’ Is he running for
US Senate? Is he signaling his bid for US president? Or is he hinting at
something deeper within the US political climate? Milbank: Donald
trumps CPAC | Gibbs
gone (Washington Post) [ Trump’s a loser, dressed up and propped up
by and to shill for a declining, fallen nation in the most corrupt regions of
the country (every fallen nation has such); of that there is no question
…"Over the years I've participated in many battles and have really almost
come out very, very victorious every single time," the Donald said.
(Except for the bankruptc[ies], that is. [ trump’s never won a battle that
wasn’t fixed in advance (including the ‘pre-packaged bankrupcies’ crammed down
the throats of objecting creditors – jersey general ] ) "I've beaten many
people and companies, and I've won many wars," he added. (Though he didn't
serve in the military.) "I have fairly [according to mobster rules; ie.,
bribery, money laundering, etc.] but intelligently [ as any other mob boss …
trump is total b*** s***, a fraud, and lightweight … and, despite the façade,
quite insecure … trump’s a total mental case … He truly is the ‘poster-boy’ of
american decline and part of the problem, not the solution! …trump also said
america’s become the laughingstock of the world … true enough … and trump the
biggest joke … NEWS FLASH: Direct from Lost Angeles Learning
Annex – Presenting mobster t_rump of new yoke, new joyzey, and now caleefornia
mob fame with his continuing message for the past several years: buy real
estate (and watch the values go down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...
trump’s fired (from ‘his own company’)
Gunfire Erupts Inside trump Taj Mahal
Casino, 1 Dead - Second Such Incident In A Year At N.J. Mainstay Ends With
Employee Killed – What else would you you expect from a mobster’s casino in
mob-infested jersey!
Trump luxury resort folds, leaving buyers
defrauded…litigation has commenced…send for sister maryanne, the corrupt
federal judge to preside, coverup, etc., she’s in n.y./n.j./pa 3rd circuit
ct appeals, understands drug money laundering/fraud and handles her own motions
to recuse her and like mobster trump should be in jail ... (see RICO Case)
]
earned many billions of dollars [ at whose expense ], which in a sense
was both a scorecard and acknowledgment of my abilities [ to fool most of the
people, all of the time. ] ." TRUMP
DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE...
PONDERING
PRESIDENTIAL RUN... [Don’t make me laugh! … Donald
T_rump Would Impose 25% Tax on China Imports if President [
trump also said america’s become the laughingstock of the world … true
enough … and trump the biggest joke … Indeed, that trump even posits the
possibility of a run when he should be in jail is a testament to just how big a
laughingstock pervasively corrupt, defacto bankrupt america’s become! [ If he was mobster in chief, mobster and
scoundrel trump wraps himself in populist american flag and offers up an (too
little too late – typical lightweight) implausible solution to keep ‘the juice’
flowing though he’d already be in jail in a rational, non-declining nation with
meaningful laws. All China has to do is dump (and not prospectively buy) their
ever more and declining in value day-by-day (from dollar debasement policies)
u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down
to it, this has been america’s most significant export. Indeed, this
irrevocable structural shift, hailed by cia men hw bush and clinton (clinton couldn’t
have survived with them) by way of NAFTA as the greatest thing since sliced bread was indeed in no
uncertain terms condemned and warned against by Perot, a man of honor who,
unlike his opponents, could not be bought, which is the reason, in pervasively
corrupt america, he could never have been elected. Interestingly, you may have
noticed the good (but not great, other than the spotlight on pervasive bribery
including judges, police, politicians, etc., being far too light) the film ‘The
Untouchables’ getting a wide re-airing of late, purporting to be a significant
part of american folklore / history / culture. However, the reality is that in
america, and certainly today, the real story with impact is that of ‘The
Touchables’. The reality is that Elliot Ness died a broken man; bankrupt,
unable to even win election to the mayoralty of his then current hometown. He
was incorruptible; and hence, in the real america, unelectable at the least if
not also all but unemployable (he and his are among those few genetic anomalies
in america as I’ve previously alluded to. How far america has fallen from even
false perception! Pervasively corrupt, meaningfully lawless america can’t even
fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.). [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a
25% tax increase on anything purchased from China.” ]
CHENEY
HECKLED... 'DRAFTDOGER!' 'WHERE'S BIN LADEN?' ]
‘Cheney Stand Down Order’ #1 on Google Trends Infowars
| Search term about Dick Cheney’s 9/11 actions reaches top of Google.
WeAreChange Confronts Dick Cheney on 9/11 Standdown Order
Aaron Dykes | Activist group confronts former vice
president Dick Cheney about inconsistencies in 9/11 testimony and actions in
PEOC bunker. ‘Infowars.comFebruary 15,
2010The testimony of Norman
Mineta before the 9/11 Commission leaves compelling questions about former
Vice President Dick Cheney’s actions on the day of 9/11. Then Transportation
Secretary Mineta witnessed Cheney refuse to contradict an apparent standdown
order as an aide warned of something incoming at the Pentagon. Cheney has given
conflicting
reports about what time he entered the PEOC bunker. Mineta later
confirmed his suppressed 9/11 Commission testimony and refuted Cheney’s
account of arriving later.During the CPAC conference, WeAreChange.org confronted Cheney about
these questions, which he refused to address.“Hey Mr. Cheney, what did you
do in the underground bunker on 9/11? Dick Cheney we know what you did on 9/11
with the standdown order. Norman Mineta testified against you on the 9/11
Commission report. What happened on 9/11?”When he was being forced out,
WeAreChange.org founder Luke Rudkowski calmly asked security not to push him;
security backed off after asking him, ‘Are you being polite?’
Luke Rudkowski and James Lane of We Are Change confront Dick Cheney in
Washington D.C. at CPAC 2/10/2011.
WeAreChangeOklahoma – Newt Gingrich and Dick Cheney (CPAC 2011)
Chairman of the Joint Chiefs of Staff Instruction 3610.01A issued June 1, 2001
on “Aircraft Piracy (Hijacking) and Destruction of Derelict Airborne Objects
(Click each document for a larger image)
Cheney dodged the continuing questions by exiting with his entourage
into an elevator. As a woman started repeating “Thank you Mr. Cheney for all
you’ve done,” Rudkowski interjected that he was a ‘terrorist.’ Certainly, the
use of admittedly
elevated terror alerts throughout the Bush administration to stoke the fear
card and score political dominion alone is reason to justify this label. The
implications of what really happened on 9/11, and in relation to Cheney’s
apparent standdown order, is even more compelling. Notably, a change in the
standard operating procedure for the chain of command during the event of a
hijacked aircraft was changed in June 2001, including subjecting NORAD’s
response to DoD approval (SEE BELOW).
The former Vice President’s re-entry into the public limelight, after years of
dealing with heart issues, is what appears to be an attempt to re-brand the
Bush Administration in time to retain neo-con power in the coming GOP
presidential primary field, where tea party politics and candidates like Ron Paul
have obviously taken root with conservative voters in the years of the Obama
administration. This confrontation occurred during the same CPAC convention
where Ron
Paul won the presidential straw poll and Dick Cheney was heckled
and called a “war-monger” during a pep rally where Donald Rumsfeld was
given the “Defender of the Constitution Award.”
From Norman
Mineta’s testimony:
“During the time that the airplane was coming into the Pentagon, there
was a young man who would come in and say to the Vice President…the plane is 50
miles out…the plane is 30 miles out….and when it got down to the plane is 10
miles out, the young man also said to the vice president “do the orders still
stand?” And the Vice President turned and whipped his neck around and said “Of
course the orders still stand, have you heard anything to the contrary!?’
Bank
regulators update Senate (Washington Post) [ Update,
riiiiight! … sounds like a plan! … for the spectator sport called the u.s.
senate … what an over-rated, over-compensated, over-stayed bunch of incompetent
boobs. Time for shorter terms and term limits for these failed, flawed, and
venal politicians; along with the paycuts they richly deserve. Their solution
to most problems … leave it to the perps as they bilk the nation but contribute
mightily to their campaign funds. ] Lawmakers hope to set nationwide
requirements for foreclosures.
Boehner
draws line on spending bill (Washington Post) [ Lines … riiiiight! … republicans are great ones
for drawing lines … Poppy bush’s line in sand ( everyone who really knows the
real story knows that bush’s cia station chief, april glaspie gave sadam
hussein the green light to invade Kuwait over their dispute concerning Kuwait’s
slant-drilling of Iraqi oil reserves … to contrive the conflict. ), lines of
war-criminal dumbya bush of with us or aggin’ us, etc., but we can thank both
parties in terms of their bi-partisan
contribution to ever-growing unemployment LINES. Yes, unemployment numbers were quite bad this day, but the frauds
on wall street with fed help you’ll ultimately pay for rallied anyway. Jobless
Recovery?: 25 Unemployment Statistics That Are Almost Too Depressing To Read ‘…
Unemployment is up again! That’s right – even though Wall Street is swimming in
cash and the Obama administration is declaring that “the recession is over”,
the U.S. unemployment rate has gone even higher. So are you enjoying the
jobless recovery? Economic
Collapse Blog ‘Guess what? Unemployment is up again! That’s
right – even though Wall Street is swimming in cash and the Obama
administration is declaring that “the recession is over”, the U.S. unemployment
rate has gone even higher ... Times are really, really tough and unfortunately
the long-term outlook is very bleak. We should have compassion on those
who are out of work right now, because soon many of us may join them.The
following are 25 unemployment statistics that are almost too depressing to
read…. See infra for list
Stock Melt-Up Continues to Ignore Warnings [ While I generally warn against
short-selling as an investment strategy for all but the most successful
speculators (there are very, very few), if there ever was a time to try your
luck at same, that time is now! We’re now beyond the absurd in these
overbought, overvalued, contrived, manipulated markets. See also, Dave infra,
‘…Further, the Philly Fed (riiiiight …
that global hub of manufacturing activity) came in much higher than expected
although inside the numbers the prices paid vs prices received disparity was
the greatest since 1979. That wasn't a great time for corporate profits. Even
though there's some "discussion" within the Fed over the
effectiveness of QE operations another heavy dose of POMO
was released to trading desks again
Thursday. …’ Why Isn’t Wall Street
in Jail? Matt Taibbi | Financial crooks brought down the
world’s economy — but the feds are doing more to protect them than to prosecute
them. ( This is not a too big to fail, but a too willing to pay bribes to jail
- reality. This really is beyond the pale, particularly when they trumpet
prosecution of $225 million in medicare frauds while wall street’s continuing
fraud in the trillions remains unprosecuted – there is no excuse whatsoever –
pervasively corrupt, defacto bankrupt america is done!). ] Minyanville
‘Suttmeier, chief market strategist at ValuEngine.com: The stock melt-up has the major equity
averages above this week’s pivots putting the focus on the Nasdaq and its
quarterly risky level at 2853. The Dow Transports broke above the potential
double-top. Stocks are ignoring the ValuEngine Valuation Warning and extreme
overbought technical market indicators. The 10-Year yield failed at my weekly
risky level at 3.568 after holding my annual value level at 3.791 last week.
Comex gold is above my annual pivot at $1356.5 and closed above its 50-day
simple moving average at
$1372.2. Nymex crude oil remains below my semiannual pivot at $87.52, but is
now oversold. The euro is above its 50-day simple moving average at 1.3377 with
this week’s risky level at 1.3636.
Imams
wage political battle against U.S. (Washington Post) [ Yeah!
Are not these native Afghans freedom fighters in the highest, truest, and most
noble sense of the term. I mean, pervasively corrupt / defacto bankrupt
america’s destructive and corrupting influence is unequivocal (including the
resurgent heroin trade that had all been eradicated by the Taliban). This
unlawful incursion is a lose, lose scenario for all parties; and, america’s /
israel’s / nato’s zionist aspirations in the region are among the most
self-destructive, self-defeating policies in world history. ] For the U.S. government, and for the
100,000 American troops fighting in Afghanistan, the messages delivered last
Friday could hardly have been worse.
Clock
is ticking (Washington Post) [ Oh come on! Don’t be a
spoil-sport realist; after all, these are, unlike mubarak, young
pro-saudi-american dictators and still have a bright future of repression /
oppression / suppression ahead of them for the greater good of … status quo? …
nobody really thinks so. Tick-Tock! ] Editorial: In Bahrain, America should press the government to
cease its repression [ Don’t hold your breath. ]. Bahrain authorities launch surprise attack on protesters [There’s the america and saudi Arabia
effect; far less than democratic and far more deadly in the mideast among other
places; talk about hypocrites. How does one family claim ownership of all the
oil reserves of a sovereign nation as the saudis; time for the saudis to go the
way of dictator Mubarak and take the war criminal americans with them. ] Los Angeles Times Tear gas
canisters bombard sleeping protesters in Manama's Pearl Square. At least two
men are reported killed Video: Bahrain
protesters look to emulate Egypt revolt 
euronews Riot Police Attack Bahrain Protesters Voice
of America
‘Saudi
Arabia sending troops to Bahrain’ Saudi Arabia is sending troops to Bahrain in a move to crack down
on pro-democracy protesters who took to the streets in the capital Manama, a
political analyst says. [SAUDIS TOLD OBAMA
'NOT TO HUMILIATE MUBARAK' [ Sounds like they’re hearing
footsteps…Previous: Egyptian
capital teeters on anarchy Mubarak
asks cabinet to resign as anti-regime protests intensify
(Washington Post) [ Mubarak should have been looking in the mirror as he asked
his cabinet to resign … 30 years is a long time, and coincidentally, time for
him to go. In
Egypt: Access denied (Washington Post) [The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does
anyone think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP)
Internet cutoff fails to silence Egypt protests (AP)
- ]
Dick
Cheney and Donald Rumsfeld booed at GOP convention in D.C. New York
Daily News | Donald Rumsfeld and Dick Cheney were booed on Thursday at
the Conservative Political Action Conference. Ron
Paul At CPAC: ‘Government is in the process of failing’ Is he running for
US Senate? Is he signaling his bid for US president? Or is he hinting at
something deeper within the US political climate? Milbank: Donald
trumps CPAC | Gibbs
gone (Washington Post) [ Trump’s a loser, dressed up and propped up
by and to shill for a declining, fallen nation in the most corrupt regions of
the country (every fallen nation has such); of that there is no question
…"Over the years I've participated in many battles and have really almost
come out very, very victorious every single time," the Donald said.
(Except for the bankruptc[ies], that is. [ trump’s never won a battle that
wasn’t fixed in advance (including the ‘pre-packaged bankrupcies’ crammed down
the throats of objecting creditors – jersey general ] ) "I've beaten many
people and companies, and I've won many wars," he added. (Though he didn't
serve in the military.) "I have fairly [according to mobster rules; ie.,
bribery, money laundering, etc.] but intelligently [ as any other mob boss …
trump is total b*** s***, a fraud, and lightweight … and, despite the façade,
quite insecure … trump’s a total mental case … He truly is the ‘poster-boy’ of
american decline and part of the problem, not the solution! …trump also said
america’s become the laughingstock of the world … true enough … and trump the
biggest joke … NEWS FLASH: Direct from Lost Angeles Learning
Annex – Presenting mobster t_rump of new yoke, new joyzey, and now caleefornia
mob fame with his continuing message for the past several years: buy real
estate (and watch the values go down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...
trump’s fired (from ‘his own
company’)
Gunfire Erupts Inside trump Taj Mahal
Casino, 1 Dead - Second Such Incident In A Year At N.J. Mainstay Ends With
Employee Killed – What else would you you expect from a mobster’s casino in
mob-infested jersey!
Trump luxury resort folds, leaving buyers
defrauded…litigation has commenced…send for sister maryanne, the corrupt
federal judge to preside, coverup, etc., she’s in n.y./n.j./pa 3rd circuit
ct appeals, understands drug money laundering/fraud and handles her own motions
to recuse her and like mobster trump should be in jail ... (see RICO Case)
]
earned many billions of dollars [ at whose expense ], which in a sense
was both a scorecard and acknowledgment of my abilities [ to fool most of the
people, all of the time. ] ." TRUMP
DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE...
PONDERING
PRESIDENTIAL RUN... [Don’t make me laugh! … Donald
T_rump Would Impose 25% Tax on China Imports if President [
trump also said america’s become the laughingstock of the world … true
enough … and trump the biggest joke … Indeed, that trump even posits the
possibility of a run when he should be in jail is a testament to just how big a
laughingstock pervasively corrupt, defacto bankrupt america’s become! [ If he was mobster in chief, mobster and
scoundrel trump wraps himself in populist american flag and offers up an (too
little too late – typical lightweight) implausible solution to keep ‘the juice’
flowing though he’d already be in jail in a rational, non-declining nation with
meaningful laws. All China has to do is dump (and not prospectively buy) their
ever more and declining in value day-by-day (from dollar debasement policies)
u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down
to it, this has been america’s most significant export. Indeed, this
irrevocable structural shift, hailed by cia men hw bush and clinton (clinton
couldn’t have survived with them) by way of NAFTA as the greatest thing since sliced bread was indeed in no
uncertain terms condemned and warned against by Perot, a man of honor who,
unlike his opponents, could not be bought, which is the reason, in pervasively
corrupt america, he could never have been elected. Interestingly, you may have
noticed the good (but not great, other than the spotlight on pervasive bribery including
judges, police, politicians, etc., being far too light) the film ‘The
Untouchables’ getting a wide re-airing of late, purporting to be a significant
part of american folklore / history / culture. However, the reality is that in
america, and certainly today, the real story with impact is that of ‘The
Touchables’. The reality is that Elliot Ness died a broken man; bankrupt,
unable to even win election to the mayoralty of his then current hometown. He
was incorruptible; and hence, in the real america, unelectable at the least if
not also all but unemployable (he and his are among those few genetic anomalies
in america as I’ve previously alluded to. How far america has fallen from even
false perception! Pervasively corrupt, meaningfully lawless america can’t even
fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.). [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a
25% tax increase on anything purchased from China.” ]
CHENEY
HECKLED... 'DRAFTDOGER!' 'WHERE'S BIN LADEN?' ]
Fed
upgrades economic outlook (Washington Post) [ Wow! Like the ‘no-recession /
great recession / depression’ , what do expect these incompetent, and complicit
wall street favored frauds to say. This is truly an existential moment of
desperation for them and as before, they are disposed to anything that buys
them time … I say: they’re out of time!
47
Statistics That Indicate That Economic Stress Points In 2011 Could Be Setting
The Stage For A Global Economic Meltdown In 2012 Is the world approaching a
devastating global economic meltdown? Right now there are a large number of
factors that are creating economic stress points all over the globe.‘The
American Dream Feb 16, 2011 Is the world approaching a devastating global
economic meltdown? Right now there are a large number of factors that are
creating economic stress points all over the globe. All of the crazy
money printing that the Federal Reserve and other central banks have been doing
is putting inflationary pressure on agricultural commodities, oil and precious
metals. Massive floods, horrific droughts and extreme weather patterns
all over the globe are ruining crops and creating food shortages. Some
nations are now actually hoarding food, and in other nations rising prices have
sparked food riots. The price of oil has been moving back towards $100 a
barrel, and if it stays at a high level for an extended period of time that is
going to have very serious consequences for the global economy. In
addition, the growing sovereign debt crisis could erupt again at any
time. Half a dozen nations in Europe are on the verge of insolvency,
Japan’s national debt is now well over 200 percent of GDP, and the global
financial system is growing increasingly concerned about the exploding national
debt of the United States. The truth is that the entire world financial
system is a house of cards balanced on a razor’s edge and it could come down at
any time.
Sadly, very
little has changed since the world financial system experienced almost a
complete meltdown back in 2008. Global financial markets are still a
whirlpool of debt and speculation. One really bad week could put us right
back where we were prior to the infamous Wall Street bailouts. Very
little in our world is truly stable anymore. As we have seen recently in
Egypt, the globe can literally change almost overnight. All it would take
is for one really bad event to happen and world financial markets would
instantly start imploding.
So when will
the coming economic collapse happen? Nobody knows for sure, but the fact
that the global economy is increasingly becoming less stable as we approach the
year 2012 is making a lot of people very nervous.
The following
are 47 statistics that indicate that economic stress points in 2011 could be
setting the stage for a global economic meltdown in 2012….
#1 According to the United Nations, global food
prices set a new all-time record
during the month of January.
#2 In early February the worst freeze in 60
years wiped out entire crops all across the southwestern U.S. and northern
Mexico. Already, it has been reported that some U.S. supermarkets have
doubled or even tripled prices for certain produce items.
#3 It is being reported that due to the recent horrible
freeze in Mexico cases of tomatoes that would usually cost shop owners between
12 and 15 dollars are now going for up to $40.
#4 One of China’s key agricultural provinces is facing
its worst drought in 200 years.
#5 The Food and Agriculture Organization says that up to
two-thirds of China’s wheat crop could be at risk of failing due to weather
conditions.
#6 Officials in Mexico are estimating that four million
tons of corn have been lost because of the recent freeze. That represents
a full 16 percent of Mexico’s annual corn
harvest.
#7 The price of corn has doubled over the last six months
and it recently hit a new all-time high.
#8 The U.S. Department of Agriculture has announced
that corn supplies are the tightest that they have been in 15 years.
#9 It appears that Chinese imports of corn will
be about 9 times larger than the
U.S. Department of Agriculture originally projected them to be for 2011.
#10 The price of wheat has more than doubled over
the past year and it hit a 30-month high on Monday.
#11 In the event of a global catastrophe, current global
stockpiles of wheat would only be able to feed the world for 82 days.
#12 According to Forbes, the price
of soybeans is up about 50% since last June.
#13 The price of cotton has more than doubled over
the past year.
#14 The commodity price of orange juice has doubled since 2009.
#15 The price of sugar is the highest it has been in 30 years.
#16 The United Nations is projecting that the global
price of food will increase by
another 30 percent by the end of 2011.
#17 In the U.K., the official rate of inflation is now twice as high as the
target rate of inflation.
#18 Inflation in China is starting to get out of
control. For example, food prices in China rose 10.3 percent during the
month of January.
#19 Almost 14 percent of all credit
card accounts in the United States are currently 90 days or more delinquent.
#20 New home sales in the state of California were
at the lowest level ever recorded
in the month of January.
#21 According to the U.S. Bureau of Labor Statistics,
the number of job openings in the United States declined for a second straight month
during December.
#22 Average household debt in the United States has now
reached a level of 136% of average household income.
#23 It is estimated that there are about 5 million
homeowners in the United States that are at least two months
behind on their mortgages, and it is being projected that over a million
American families will be booted out of their homes this year alone.
#24 Today, 46% of all Americans carry a
credit card balance from month to month.
#25 700,000 Americans have signed up for a credit card
that has interest rates that go as high as 59.9%.
#26 Americans now owe more than $889 billion on student loans,
which is even more than they owe on credit cards.
#27 The FDIC is “insuring” U.S. bank deposits that total
5.4 trillion dollars with a deposit insurance fund that is currently sitting at
approximately negative 8 billion dollars.
#28 The Social Security trust fund will run a deficit
of 56 billion dollars this
year. Just a couple of years ago government planners were promising that
we would not have any Social Security deficits until at least 2016 or 2017.
#29 When you adjust wages for inflation, middle class
workers in the United States make less money today than they did back in 1971.
#30 4.2 million Americans have
been unemployed for one year or longer at this point.
#31 The number of Americans that have become so
discouraged that they have given up searching for work completely now
stands at an all-time high.
#32 According to a recent Gallup poll, 35 percent of Americans
believe that unemployment is currently the most important problem in the United
States. Another 29 percent believe that the economy is currently our
biggest problem.
#33 Gallup also says that 19.6 percent of the workforce in
America is currently either unemployed or underemployed.
#34 The U.S. government says that 504,000 Americans “dropped out of
the labor force” in January.
#35 The Obama administration is projecting that the
federal budget deficit will be 1.65 trillion dollars for
fiscal 2011.
#36 It is estimated that the total U.S. national
debt will be greater
than 100 percent of GDP by the end of this fiscal year.
#37 The U.S. government relies on foreign nations such
as China and Japan to finance 40 percent of all new government debt.
#38 State and local government debt is now sitting at an
all-time high of 22 percent of U.S. GDP.
#39 The Chinese are now hoarding gold like there is no
tomorrow. In fact, Chinese demand for gold has now risen to
approximately 25% of total global production.
#40 According to
a recent report from the World Economic Forum, the world is going to need
another $100 trillion in credit to support projected “economic growth” over the
next decade.
#41 According to the U.S. Conference of Mayors, visits
to soup kitchens are up 24 percent over the past
year.
#42 One out of every seven
Americans is now on food stamps.
#43 One out of every six elderly
Americans now lives below the federal poverty line.
#44 During the last school year, almost half of all school children in
the state of Illinois came from families that were considered to be
“low-income”.
#45
According to a survey released very close to the end of 2010, 55 percentof all Americans are now living
paycheck to paycheck. A major economic downturn could quickly wipe out
millions of families.
#46
Gasoline prices in the United States are now the highest that they have ever been
in the middle of February.
#47 Faith in our economic system continues to decline. According to one new report, only 26 percent of Americans now trust the U.S. financial system.’
Deception at the Fed Dr.
Ron Paul | The Federal Reserve has been given a dual mandate: keeping
prices stable and maximizing employment. This policy relies in part on
numerical chicanery. Obama
proposes $3.7 trillion budget (Washington Post) [ What the heck! It’s only
‘helicopter ben’ monopoly money anyway; that paper stuff (Globalists
Push SDRs as World Reserve Currency As investor Marc Faber noted last year,
this funny money intervention by the Federal Reserve is going to create a final
crisis that will destroy the U.S. financial system. The Fed “will print and
print and print until the final crisis wipes out the whole system,” Faber
warned. IMF calls for dollar
alternative The International Monetary Fund issued a report Thursday on a
possible replacement for the dollar as the world’s reserve currency. The IMF
said Special Drawing Rights, or SDRs, could help stabilize the global financial
system. ). Speaking of Monopoly /
atlantic city, n.j., maryanne trump barry and sam alito, et als have done all right for themselves as the
corrupt judiciary usually does, one way or another. Indeed, judicial retirement
funds for these plushly accoutered lifetime appointees is up 25.9% and the
general operating fund up 6.6% (source, http://www.washingtonpost.com/wp-srv/special/politics/federal-budget-2012/index.html … the trumps are getting it up front and on
the back end, which is typical in a pervasivly corrupt system as defacto
bankrupt america … abolish the courts .
Connecticut,
California join probe of Ally (Washington Post) [ I’d be much more impressed if they initiated a probe of more readily
discernible criminal offenses in violation of the RICO Act (Other newark / new jersey and new york, n.y. metro, viz., ie.,
connecticut, and of course, d.c., d.c. metro, viz., ie., virginia experience …
corrupt federal judges as maryanne trump barry, sam alito, shiff, matz
(california), hall, underhill, dorsey, etc.. Defacto bankrupt america’s
so-called system is pervasively corrupt and broken (AP) Abolish the corrupt, costly, economically
wasteful lifetime extravagantly appointed federal courts - see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ] http://albertpeia.com Frauds/Liars
(sic-lawyers)Covering Up for Other Frauds/Liars (sic-lawyers). In Productive
Societies as China, Japan, etc., Fraudulent Liars (sic-lawyers) and the
Fraudulent u.s. System They're a Part of Are Unheard Of/Non-existent. List of
Files Regarding Filed Attorney Grievance Against Fraud coan et als Or
Here For A Clearer View Of Filed
Grievance Complaint, Response, Exhibits, and Related RICO Filings Note the Committee of
Frauds/Liars (sic-lawyers). Included are DOJ Rep., State Court Rep., State
Atty. General Office Rep., and even a Vegetable Garden yale law prof who
probably never practiced law in his life. How Pathetic! http://albertpeia.com/fbiofficela91310
] Justice:
FBI improperly opened probes
(Washington Post) [
I just hope they’re as zealous (in probing readily discernible crime) with
regard to my RICO matters and the corruption in the (judicial / legal) process
since, in the final analysis, it will have been the corruption within that will
have brought the nation down irrevocably and totally.]
] Policymakers think the recovery is on "firmer footing." But they also expect high unemployment to persist at least through the end of 2013.
Panetta
outlines plan for bin Laden (Washington Post) [ Yeah, and if panetta’s
grandmother had wheels she’d be a trolley car. I mean, how much more irrelevant
can the cia become, beyond their drug deals, arms deals, among other
self-interested / perpetuating ops / commotions / promotions. In case they
haven’t looked recently, pervasively corrupt america is defacto bankrupt; and
in large part owing to their flawed, self-perpetuating strategies (oh, how they
loved and miss the cold war). Who cares (about Osama bin Laden or his deputy
Ayman al-Zawahiri). Indeed, one way or another, it makes no difference.
Moreover, take a look at the ‘stand-down’ order as discussed infra regarding
‘that pearl harbor event / neo-con wet dream’. They are so pathetic! A parallel
universe? They only wish! ] CIA
Director Leon Panetta told Congress on Wednesday that if Osama bin Laden or his
deputy Ayman al-Zawahiri is captured they will be held by the military and
probably will be sent to Guantanamo Bay. (Reuters)
On
national debt, interest is the monster (Washington
Post) [ No! That’s not correct! This is a two-headed monster and the gargantuan
principal amount the other head. Bondholders will never be paid (paper turned
over for paper till the biggest ponzi scheme in world history comes tumblin’
down. Moreover, assumptions are wildly optimistic and totally unrealistic).
Pervasively corrupt america is defacto bankrupt! That’s reality! Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz …Are you kidding me?
"Here are the numbers...we're broke," Davidowitz declares, noting the
U.S. government goes $5 billion deeper into debt every day and is facing $1
trillion-plus annual deficits for the next decade. "In other words, we're
bankrupt."As with the economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them." Timid
Tuesday: Is it Safe? Davis ‘… This is how we
pay off our current debts and I think bondholders are simply happy to get
anything out of a country that admits it owes $15Tn (1/4 of global GDP) but
probably owes closer to $60Tn (entire global GDP) in the form of unfunded
liabilities. The funniest thing about this (and you have to laugh) is to see
Conservative pundits get on TV and talk about how we need to cut $100Bn worth
of discretionary spending to "fix" this (while continuing to spend
$1Tn on the military and $1Tn on tax cuts for the top 1% each year). There is
no fixing this and even a Republican said you can’t fool all of the people all
of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE
CAREFUL OUT THERE! ‘
] Starting in 2014, net interest
payments will surpass the amount spent on education, transportation, energy and
all other discretionary programs outside defense. In 2018, they will outstrip
Medicare spending
House
brainstorms for budget trims (Washington Post) [ Brainstorms?
The mere mention of the word brain juxtaposed with the denizens of capital hill
and one can’t help but conjure up images of multiple scarecrows scurry about
that yellow brick road en route to see the wizard while singing in unison ‘if
they only had a brain’. ]
In
Bahrain, authorities move against protesters Police
use tear gas, clubs and rubber bullets to disperse crowd (Washington Post) [ Bahrain authorities launch surprise attack on protesters [There’s the america and saudi Arabia
effect; far less than democratic and far more deadly in the mideast among other
places; talk about hypocrites. How does one family claim ownership of all the
oil reserves of a sovereign nation as the saudis; time for the saudis to go the
way of dictator Mubarak and take the war criminal americans with them. ] Los Angeles Times Tear gas
canisters bombard sleeping protesters in Manama's Pearl Square. At least two
men are reported killed Video: Bahrain
protesters look to emulate Egypt revolt 
euronews Riot Police Attack Bahrain Protesters Voice
of America
‘Saudi
Arabia sending troops to Bahrain’ Saudi Arabia is sending troops to Bahrain in a move to crack down
on pro-democracy protesters who took to the streets in the capital Manama, a
political analyst says. [SAUDIS TOLD OBAMA
'NOT TO HUMILIATE MUBARAK' [ Sounds like they’re hearing
footsteps…Previous: Egyptian
capital teeters on anarchy Mubarak
asks cabinet to resign as anti-regime protests intensify
(Washington Post) [ Mubarak should have been looking in the mirror as he asked
his cabinet to resign … 30 years is a long time, and coincidentally, time for
him to go. In
Egypt: Access denied (Washington Post) [The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does
anyone think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP)
Internet cutoff fails to silence Egypt protests (AP)
- ]
Dick
Cheney and Donald Rumsfeld booed at GOP convention in D.C. New York
Daily News | Donald Rumsfeld and Dick Cheney were booed on Thursday at
the Conservative Political Action Conference. Ron
Paul At CPAC: ‘Government is in the process of failing’ Is he running for
US Senate? Is he signaling his bid for US president? Or is he hinting at
something deeper within the US political climate? Milbank: Donald
trumps CPAC | Gibbs
gone (Washington Post) [ Trump’s a loser, dressed up and propped up
by and to shill for a declining, fallen nation in the most corrupt regions of
the country (every fallen nation has such); of that there is no question
…"Over the years I've participated in many battles and have really almost
come out very, very victorious every single time," the Donald said.
(Except for the bankruptc[ies], that is. [ trump’s never won a battle that
wasn’t fixed in advance (including the ‘pre-packaged bankrupcies’ crammed down
the throats of objecting creditors – jersey general ] ) "I've beaten many
people and companies, and I've won many wars," he added. (Though he didn't
serve in the military.) "I have fairly [according to mobster rules; ie.,
bribery, money laundering, etc.] but intelligently [ as any other mob boss …
trump is total b*** s***, a fraud, and lightweight … and, despite the façade,
quite insecure … trump’s a total mental case … He truly is the ‘poster-boy’ of
american decline and part of the problem, not the solution! …trump also said
america’s become the laughingstock of the world … true enough … and trump the
biggest joke … NEWS FLASH: Direct from Lost Angeles Learning
Annex – Presenting mobster t_rump of new yoke, new joyzey, and now caleefornia
mob fame with his continuing message for the past several years: buy real
estate (and watch the values go down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...
trump’s fired (from ‘his own
company’)
Gunfire Erupts Inside trump Taj Mahal
Casino, 1 Dead - Second Such Incident In A Year At N.J. Mainstay Ends With
Employee Killed – What else would you you expect from a mobster’s casino in
mob-infested jersey!
Trump luxury resort folds, leaving buyers
defrauded…litigation has commenced…send for sister maryanne, the corrupt
federal judge to preside, coverup, etc., she’s in n.y./n.j./pa 3rd circuit
ct appeals, understands drug money laundering/fraud and handles her own motions
to recuse her and like mobster trump should be in jail ... (see RICO Case)
]
earned many billions of dollars [ at whose expense ], which in a sense
was both a scorecard and acknowledgment of my abilities [ to fool most of the
people, all of the time. ] ." TRUMP
DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE...
PONDERING
PRESIDENTIAL RUN... [Don’t make me laugh! … Donald
T_rump Would Impose 25% Tax on China Imports if President [
trump also said america’s become the laughingstock of the world … true
enough … and trump the biggest joke … Indeed, that trump even posits the
possibility of a run when he should be in jail is a testament to just how big a
laughingstock pervasively corrupt, defacto bankrupt america’s become! [ If he was mobster in chief, mobster and
scoundrel trump wraps himself in populist american flag and offers up an (too
little too late – typical lightweight) implausible solution to keep ‘the juice’
flowing though he’d already be in jail in a rational, non-declining nation with
meaningful laws. All China has to do is dump (and not prospectively buy) their
ever more and declining in value day-by-day (from dollar debasement policies)
u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down
to it, this has been america’s most significant export. Indeed, this
irrevocable structural shift, hailed by cia men hw bush and clinton (clinton
couldn’t have survived with them) by way of NAFTA as the greatest thing since sliced bread was indeed in no
uncertain terms condemned and warned against by Perot, a man of honor who,
unlike his opponents, could not be bought, which is the reason, in pervasively
corrupt america, he could never have been elected. Interestingly, you may have
noticed the good (but not great, other than the spotlight on pervasive bribery
including judges, police, politicians, etc., being far too light) the film ‘The
Untouchables’ getting a wide re-airing of late, purporting to be a significant
part of american folklore / history / culture. However, the reality is that in
america, and certainly today, the real story with impact is that of ‘The
Touchables’. The reality is that Elliot Ness died a broken man; bankrupt,
unable to even win election to the mayoralty of his then current hometown. He
was incorruptible; and hence, in the real america, unelectable at the least if
not also all but unemployable (he and his are among those few genetic anomalies
in america as I’ve previously alluded to. How far america has fallen from even
false perception! Pervasively corrupt, meaningfully lawless america can’t even
fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.). [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a
25% tax increase on anything purchased from China.” ]
CHENEY HECKLED...
'DRAFTDOGER!' 'WHERE'S BIN LADEN?'
]
] At least two are killed, while those
involved in the protests say others are critically injured. There is no
official word on deaths or injuries.
Obama
careful in crackdown (Washington Post) [ Sounds like a page out of the
former american-installed shah of Iran’s play-book … The important difference
here is the life and death continued struggle of Iran against the Zionist israeli
/ american regimes (look at what the latter regimes do, not what they say) …
Indeed, the great american/israeli hope for Iran, ‘son of shah’ … pshaw! I have
a special affinity for Egypt, a land of great wisdom with the richest of
histories and culture and wisdom of the ages in wisely, at one time, holding
Cats in their highest regard and esteem!
] President Obama cautiously criticized the Iranian government Tuesday
for carrying out a deadly crackdown on street demonstrations, as hard-line
legislators in Tehran called for the execution of several prominent opposition
leaders. (Afp/getty Images)
Americans
climb out of debt, save more (Washington Post) [ There is what is known in
basic economics as the so-called “paradox of thrift’ and the negative portends
for the economy the natural concomitant. There is no getting away from that
age-old economic equation Gross Domestic Product is the sum of all spending on
goods and services in a nation's economy in a year. The formula for GDP is: GDP
= C + I + G + (Ex - Im), where “C” equals spending by consumers, “I” equals
investment by businesses, “G” equals government spending and “(Ex - Im)” equals
net exports, that is, the value of exports minus imports. Net exports may be
negative. Of late, the C component has risen to near 71%, fueled by
unsustainable credit. Private investment owing to a structural shift has lagged
for want of real (profitable domestic)
investment opportunities (the wall street computer-programmed high
frequency churn-and-earn is NOT a component here but rather a net negative
owing to the lesser propensity to consume of the frauds on wall street), and we
all know the direction of government spending. Read more: GDP and the Players Three: All Together Now: C + I + G —
Infoplease.com http://www.infoplease.com/cig/economics/consumption-investment-government.html#ixzz1E79N4H4B . That said, this (saving) is still good
for americans generally since the government has long since all but stopped
concerning themselves with the dire predicament of the vast majority of the
nation and citizens. ] The
recession that just rocked the U.S. economy happened in part because Americans
were borrowing and spending more than they could afford. Now, three years after
the downturn began, families are moving faster than many analysts had expected
to put their finances in order by paying down debt and boosting their savings.
Jump
in global food prices pushes millions into poverty (Washington Post) [
There’s no mystery here … the inevitable consequence of the world’s adoption of
america’s funny-money new age alchemy of spinning paper into fools’ gold …
Indeed, the prognostications have been hot and heavy, from hyperinflationary
depression to … as investor Marc Faber noted last year, this funny money
intervention by the Federal Reserve is going to create a final crisis that will
destroy the U.S. financial system. The Fed “will print and print and print
until the final crisis wipes out the whole system,” Faber warned. Now this
fraudulent bubble that the frauds on wall street commission and sell into is
great for the frauds on wall street but bad for everyone else since that value
has to be made up somewhere, by some one … guess (the obvious)… and if you
can’t (guess), you haven’t been paying attention! ] Data released by the IMF show the cost of grain and other staples
is near its historic high.
So
be it? Milbank: Boehner
and his party's proposal for budget cuts would reverse the economic recovery.
(Washington Post) [ Come on! Wake up! Think of it this way, in simple terms.
Already bankrupt, you further bankrupt yourself by spending money you don’t
really have which gives that ‘warm and fuzzy feeling’ (albeit to the next
election) and obfuscates the cold, hard reality. That a structural shift has
occurred in economic / financial terms (that ‘sucking sound’) there is no
question. At some point, if there are glass half-full people in the bunch (I am
not one of them and believe this structural shift is ‘forever’ and defacto
bankrupt america’s decline is irrevocable owing to pervasive corruption, fraud,
criminal complicity, etc.. Kind of like madoff’s ponzi scheme (at some point
they always unravel / can’t cover and in the current news madoff the fraud said
the banks knew and you can take that to the bank since madoff said it) … But
isn’t it also true that we all know and that america’s jig is up! Should the
hole continue to be dug so irretrievably deep that digging the way out is
absolutely impossible ( I and others already believe that point’s been
surpassed, and these cuts so small as to be almost insignificant … Davis ‘… This
is how we pay off our current debts and I think bondholders are simply happy to
get anything out of a country that admits it owes $15Tn (1/4 of global GDP) but
probably owes closer to $60Tn (entire global GDP) in the form of unfunded
liabilities. The funniest thing about this (and you have to laugh) is to see
Conservative pundits get on TV and talk about how we need to cut $100Bn worth
of discretionary spending to "fix" this (while continuing to spend
$1Tn on the military and $1Tn on tax cuts for the top 1% each year). There is
no fixing this and even a Republican said you can’t fool all of the people all
of the time. THIS HOUSE OF CARDS IS TEETERING
FOLKS – PLEASE BE CAREFUL OUT THERE! ‘ ) Obama
proposes $3.7 trillion budget (Washington Post) [ What the heck! It’s only
‘helicopter ben’ monopoly money anyway; that paper stuff (Globalists
Push SDRs as World Reserve Currency As investor Marc Faber noted last year,
this funny money intervention by the Federal Reserve is going to create a final
crisis that will destroy the U.S. financial system. The Fed “will print and
print and print until the final crisis wipes out the whole system,” Faber
warned. IMF calls for dollar
alternative The International Monetary Fund issued a report Thursday on a
possible replacement for the dollar as the world’s reserve currency. Budget
makes deep cuts, cautious trades (Washington Post) [ I still have great
difficulty wrapping my mind around the cut in the (relatively minuscule)
heating oil program for the poor (after all, that’s potentially lethal to such
disenfranchised groups) … Drudgereport:White House to Slash Heating
Program for Poor…but still no pros of massive frauds on wall street which fines
and disgorgement of would yield huge amounts to cover spending... [ Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of economic
revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them."Check the accompanying video for more of Howard's unfettered
opinions and stay tuned for additional clips from
this interview. And...Happy Thanksgiving! Aaron Task is the host of Tech
Ticker. You can follow him on Twitter at @atask or email him at
[email protected]’
Timid
Tuesday: Is it Safe? ]
] Fed chairman offers dire
warnings about the damage Congress could wreak if it refrains from raising the
government's debt limit this spring. ]
The $3.7 trillion plan proposes to trim or terminate more than 200 federal programs
to make room for increases aimed at boosting the economy. Speaking of Monopoly / atlantic city,
n.j., maryanne trump barry and sam alito, et als have done all right for themselves as the corrupt judiciary usually
does, one way or another. Indeed, judicial retirement funds for these plushly
accoutered lifetime appointees is up 25.9% and the general operating fund up
6.6% (source, http://www.washingtonpost.com/wp-srv/special/politics/federal-budget-2012/index.html … the trumps are getting it up front and on
the back end, which is typical in a pervasivly corrupt system as defacto
bankrupt america … abolish the courts .
Connecticut,
California join probe of Ally (Washington Post) [ I’d be much more impressed if they initiated a probe of more
readily discernible criminal offenses in violation of the RICO Act (Other newark / new jersey and new york, n.y. metro, viz., ie.,
connecticut, and of course, d.c., d.c. metro, viz., ie., virginia experience …
corrupt federal judges as maryanne trump barry, sam alito, shiff, matz
(california), hall, underhill, dorsey, etc.. Defacto bankrupt america’s
so-called system is pervasively corrupt and broken (AP) Abolish the corrupt, costly, economically
wasteful lifetime extravagantly appointed federal courts - see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ] http://albertpeia.com Frauds/Liars
(sic-lawyers)Covering Up for Other Frauds/Liars (sic-lawyers). In Productive
Societies as China, Japan, etc., Fraudulent Liars (sic-lawyers) and the
Fraudulent u.s. System They're a Part of Are Unheard Of/Non-existent. List of
Files Regarding Filed Attorney Grievance Against Fraud coan et als Or
Here For A Clearer View Of Filed
Grievance Complaint, Response, Exhibits, and Related RICO Filings Note the Committee of
Frauds/Liars (sic-lawyers). Included are DOJ Rep., State Court Rep., State
Atty. General Office Rep., and even a Vegetable Garden yale law prof who
probably never practiced law in his life. How Pathetic! http://albertpeia.com/fbiofficela91310
] Justice:
FBI improperly opened probes
(Washington Post) [
I just hope they’re as zealous (in probing readily discernible crime) with
regard to my RICO matters and the corruption in the (judicial / legal) process
since, in the final analysis, it will have been the corruption within that will
have brought the nation down irrevocably and totally.]
Dick
Cheney and Donald Rumsfeld booed at GOP convention in D.C. New York
Daily News | Donald Rumsfeld and Dick Cheney were booed on Thursday at
the Conservative Political Action Conference. Ron
Paul At CPAC: ‘Government is in the process of failing’ Is he running for
US Senate? Is he signaling his bid for US president? Or is he hinting at
something deeper within the US political climate? Milbank: Donald
trumps CPAC | Gibbs
gone (Washington Post) [ Trump’s a loser, dressed up and propped up
by and to shill for a declining, fallen nation in the most corrupt regions of
the country (every fallen nation has such); of that there is no question
…"Over the years I've participated in many battles and have really almost
come out very, very victorious every single time," the Donald said.
(Except for the bankruptc[ies], that is. [ trump’s never won a battle that
wasn’t fixed in advance (including the ‘pre-packaged bankrupcies’ crammed down
the throats of objecting creditors – jersey general ] ) "I've beaten many
people and companies, and I've won many wars," he added. (Though he didn't
serve in the military.) "I have fairly [according to mobster rules; ie.,
bribery, money laundering, etc.] but intelligently [ as any other mob boss …
trump is total b*** s***, a fraud, and lightweight … and, despite the façade,
quite insecure … trump’s a total mental case … He truly is the ‘poster-boy’ of
american decline and part of the problem, not the solution! …trump also said
america’s become the laughingstock of the world … true enough … and trump the
biggest joke … NEWS FLASH: Direct from Lost Angeles Learning
Annex – Presenting mobster t_rump of new yoke, new joyzey, and now caleefornia
mob fame with his continuing message for the past several years: buy real
estate (and watch the values go down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...
trump’s fired (from ‘his own
company’)
Gunfire Erupts Inside trump Taj Mahal
Casino, 1 Dead - Second Such Incident In A Year At N.J. Mainstay Ends With
Employee Killed – What else would you you expect from a mobster’s casino in
mob-infested jersey!
Trump luxury resort folds, leaving buyers
defrauded…litigation has commenced…send for sister maryanne, the corrupt
federal judge to preside, coverup, etc., she’s in n.y./n.j./pa 3rd circuit
ct appeals, understands drug money laundering/fraud and handles her own motions
to recuse her and like mobster trump should be in jail ... (see RICO Case)
]
earned many billions of dollars [ at whose expense ], which in a sense
was both a scorecard and acknowledgment of my abilities [ to fool most of the
people, all of the time. ] ." TRUMP
DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE...
PONDERING
PRESIDENTIAL RUN... [Don’t make me laugh! … Donald
T_rump Would Impose 25% Tax on China Imports if President [
trump also said america’s become the laughingstock of the world … true
enough … and trump the biggest joke … Indeed, that trump even posits the
possibility of a run when he should be in jail is a testament to just how big a
laughingstock pervasively corrupt, defacto bankrupt america’s become! [ If he was mobster in chief, mobster and
scoundrel trump wraps himself in populist american flag and offers up an (too
little too late – typical lightweight) implausible solution to keep ‘the juice’
flowing though he’d already be in jail in a rational, non-declining nation with
meaningful laws. All China has to do is dump (and not prospectively buy) their
ever more and declining in value day-by-day (from dollar debasement policies)
u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down
to it, this has been america’s most significant export. Indeed, this
irrevocable structural shift, hailed by cia men hw bush and clinton (clinton
couldn’t have survived with them) by way of NAFTA as the greatest thing since sliced bread was indeed in no
uncertain terms condemned and warned against by Perot, a man of honor who,
unlike his opponents, could not be bought, which is the reason, in pervasively
corrupt america, he could never have been elected. Interestingly, you may have
noticed the good (but not great, other than the spotlight on pervasive bribery including
judges, police, politicians, etc., being far too light) the film ‘The
Untouchables’ getting a wide re-airing of late, purporting to be a significant
part of american folklore / history / culture. However, the reality is that in
america, and certainly today, the real story with impact is that of ‘The
Touchables’. The reality is that Elliot Ness died a broken man; bankrupt,
unable to even win election to the mayoralty of his then current hometown. He
was incorruptible; and hence, in the real america, unelectable at the least if
not also all but unemployable (he and his are among those few genetic anomalies
in america as I’ve previously alluded to. How far america has fallen from even
false perception! Pervasively corrupt, meaningfully lawless america can’t even
fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.). [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a
25% tax increase on anything purchased from China.” ]
CHENEY
HECKLED... 'DRAFTDOGER!' 'WHERE'S BIN LADEN?' ]
Drudgereport:
DEBT
NOW EQUALS ENTIRE ECONOMY
OBAMA
AGENDA IS OVER
Obama
refers to himself as 'The Gipper'… [ Riiiight! …anything you say wobmama the b
for b*** s***… or maybe the bipper, the chipper, or the yankee clipper (the new
joltin’ joe) …sounds like he’s losing it! ] ...
France
Wants New Global Finance System; End of Dollar Dominance...
Fannie,
Freddie bailout: $153 billion and counting...
GALLUP:
Unemployment at 10.3%...
Muslim
Bros plan political party...
Present
Two Faces...
Pakistan
Islamists warn of protests if US prisoner freed...
SECSTATE
JR: Sen Kerry arrives in Pakistan, expresses 'regret', 'sorrow'...
GADDAFI
TELLS PALESTINIANS: REVOLT AGAINST ISRAEL
World
Bank: Food prices at 'dangerous levels'...
Gov't
Motors to pay out $189 million in bonuses; some workers to get 50% payoffs..
Deficit
Expected to Jump to $1.65 Trillion...
...'slow
train wreck coming'
BUDGET
BLOWOUT: How big is $3.73 trillion? $12,000 from each American...
ANALYSIS:
$1.5 trillion
tax hike over 10 years...
AIRLINES:
New fees would be $2 billion tax increase on flyers...
Sessions:
Obama failed on budget...
Long
Spending Fight...
Produce
prices to skyrocket with freeze in Mexico, Southwest...
Clothing
Prices to Rise 10% Starting in Spring...
China
Replaced Japan in 2010 as Number 2 Economy...
China
plans Colombian rail link to challenge Panama canal...
The
March On Berlusconi...
Berlusconi
indicted in prostitution probe...
Malware
'Aimed at Iran Hit Five Sites'...
Mubarak
'falls into coma after final speech'...
Egyptian
military orders last protesters out of 'Liberation Square'...
Consolidates
power...
Delivers
ultimatum...
Obama
proposes $3.7 trillion budget (Washington Post) [ What the heck! It’s only
‘helicopter ben’ monopoly money anyway; that paper stuff (Globalists
Push SDRs as World Reserve Currency As investor Marc Faber noted last year,
this funny money intervention by the Federal Reserve is going to create a final
crisis that will destroy the U.S. financial system. The Fed “will print and
print and print until the final crisis wipes out the whole system,” Faber
warned. IMF calls for dollar
alternative The International Monetary Fund issued a report Thursday on a
possible replacement for the dollar as the world’s reserve currency. The IMF
said Special Drawing Rights, or SDRs, could help stabilize the global financial
system. ). Speaking of Monopoly /
atlantic city, n.j., maryanne trump barry and sam alito, et als have done all right for themselves as the
corrupt judiciary usually does, one way or another. Indeed, judicial retirement
funds for these plushly accoutered lifetime appointees is up 25.9% and the
general operating fund up 6.6% (source, http://www.washingtonpost.com/wp-srv/special/politics/federal-budget-2012/index.html … the trumps are getting it up front and on
the back end, which is typical in a pervasivly corrupt system as defacto
bankrupt america … abolish the courts .
Connecticut,
California join probe of Ally (Washington Post) [ I’d be much more impressed if they initiated a probe of more
readily discernible criminal offenses in violation of the RICO Act (Other newark / new jersey and new york, n.y. metro, viz., ie.,
connecticut, and of course, d.c., d.c. metro, viz., ie., virginia experience …
corrupt federal judges as maryanne trump barry, sam alito, shiff, matz
(california), hall, underhill, dorsey, etc.. Defacto bankrupt america’s
so-called system is pervasively corrupt and broken (AP) Abolish the corrupt, costly, economically
wasteful lifetime extravagantly appointed federal courts - see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ] http://albertpeia.com Frauds/Liars (sic-lawyers)Covering
Up for Other Frauds/Liars (sic-lawyers). In Productive Societies as China,
Japan, etc., Fraudulent Liars (sic-lawyers) and the Fraudulent u.s. System
They're a Part of Are Unheard Of/Non-existent. List of Files Regarding Filed
Attorney Grievance Against Fraud coan et als Or
Here For A Clearer View Of Filed
Grievance Complaint, Response, Exhibits, and Related RICO Filings Note the Committee of
Frauds/Liars (sic-lawyers). Included are DOJ Rep., State Court Rep., State
Atty. General Office Rep., and even a Vegetable Garden yale law prof who
probably never practiced law in his life. How Pathetic! http://albertpeia.com/fbiofficela91310
] Justice:
FBI improperly opened probes
(Washington Post) [
I just hope they’re as zealous (in probing readily discernible crime) with
regard to my RICO matters and the corruption in the (judicial / legal) process
since, in the final analysis, it will have been the corruption within that will
have brought the nation down irrevocably and totally.]
Concerns
over European defense cuts (Washington Post) [ At some point, rationality
must overcome irrationality; if only necessity being the mother of this
new-found invention (rationality). Interestingly, there was a blip on
television news from a NATO rep talking up the technological / military
superiority of NATO relative to Russia (without whose technological prowess
that space station and crew would literally be lost in space). So take that,
literally … and make the cuts (rational). ] European policymakers say the cuts
are necessary given their financial straits, and that training, not sheer
numbers, is what matters in a post-Cold War world.
Budget
makes deep cuts, cautious trades (Washington Post) [ I still have great
difficulty wrapping my mind around the cut in the (relatively minuscule)
heating oil program for the poor (after all, that’s potentially lethal to such
disenfranchised groups) … Drudgereport:White House to Slash Heating
Program for Poor…but still no pros of massive frauds on wall street which fines
and disgorgement of would yield huge amounts to cover spending... [ Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of
economic revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them."Check the accompanying video for more of Howard's unfettered
opinions and stay tuned for additional clips from
this interview. And...Happy Thanksgiving! Aaron Task is the host of Tech
Ticker. You can follow him on Twitter at @atask or email him at
[email protected]’
Timid
Tuesday: Is it Safe? Davis ‘… This is how we pay off our current
debts and I think bondholders are simply happy to get anything out of a country
that admits it owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn
(entire global GDP) in the form of unfunded liabilities. The funniest thing
about this (and you have to laugh) is to see Conservative pundits get on TV and
talk about how we need to cut $100Bn worth of discretionary spending to
"fix" this (while continuing to spend $1Tn on the military and $1Tn
on tax cuts for the top 1% each year). There is no fixing this and even a
Republican said you can’t fool all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL
OUT THERE! ‘ ]
] Fed chairman offers dire
warnings about the damage Congress could wreak if it refrains from raising the
government's debt limit this spring. ]
The $3.7 trillion plan proposes to trim or terminate more than 200 federal
programs to make room for increases aimed at boosting the economy.
Robinson:
Do
conservatives love freedom? (Washington Post) [ Truth be told, I’ve oft referred to myself as conservative. I
also embrace freedom; which, of course, is the antithesis of ‘such
conservatives’ as ie., mobsters as trump et als, Maryanne trump barry, sam
alito, mafia, neo-cons cheney, dumbya bush, rumsfeld, mental cases as john
bolton, trump, dummy palin, limbaugh, hannity, etc., who in their near facist
way always want control; ie., your thoughts, actions, inclinations, etc.. The
left, totalitarian communism, wobamanoids in the dhs, etc., are little
different. I personally am constrained to disassociate myself with the likes of
the foregoing and as discussed infra:
Dick
Cheney and Donald Rumsfeld booed at GOP convention in D.C. New York
Daily News | Donald Rumsfeld and Dick Cheney were booed on Thursday at
the Conservative Political Action Conference. Ron
Paul At CPAC: ‘Government is in the process of failing’ Is he running for
US Senate? Is he signaling his bid for US president? Or is he hinting at
something deeper within the US political climate? Milbank: Donald
trumps CPAC | Gibbs
gone (Washington Post) [ Trump’s a loser, dressed up and propped up
by and to shill for a declining, fallen nation in the most corrupt regions of
the country (every fallen nation has such); of that there is no question
…"Over the years I've participated in many battles and have really almost
come out very, very victorious every single time," the Donald said.
(Except for the bankruptc[ies], that is. [ trump’s never won a battle that
wasn’t fixed in advance (including the ‘pre-packaged bankrupcies’ crammed down
the throats of objecting creditors – jersey general ] ) "I've beaten many
people and companies, and I've won many wars," he added. (Though he didn't
serve in the military.) "I have fairly [according to mobster rules; ie.,
bribery, money laundering, etc.] but intelligently [ as any other mob boss …
trump is total b*** s***, a fraud, and lightweight … and, despite the façade,
quite insecure … trump’s a total mental case … He truly is the ‘poster-boy’ of
american decline and part of the problem, not the solution! …trump also said
america’s become the laughingstock of the world … true enough … and trump the
biggest joke … NEWS FLASH: Direct from Lost Angeles Learning
Annex – Presenting mobster t_rump of new yoke, new joyzey, and now caleefornia
mob fame with his continuing message for the past several years: buy real
estate (and watch the values go down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...
trump’s fired (from ‘his own
company’)
Gunfire Erupts Inside trump Taj Mahal
Casino, 1 Dead - Second Such Incident In A Year At N.J. Mainstay Ends With
Employee Killed – What else would you you expect from a mobster’s casino in
mob-infested jersey!
Trump luxury resort folds, leaving buyers
defrauded…litigation has commenced…send for sister maryanne, the corrupt
federal judge to preside, coverup, etc., she’s in n.y./n.j./pa 3rd circuit
ct appeals, understands drug money laundering/fraud and handles her own motions
to recuse her and like mobster trump should be in jail ... (see RICO Case)
]
earned many billions of dollars [ at whose expense ], which in a sense
was both a scorecard and acknowledgment of my abilities [ to fool most of the
people, all of the time. ] ." TRUMP
DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE...
PONDERING
PRESIDENTIAL RUN... [Don’t make me laugh! … Donald
T_rump Would Impose 25% Tax on China Imports if President [
trump also said america’s become the laughingstock of the world … true enough
… and trump the biggest joke … Indeed, that trump even posits the possibility
of a run when he should be in jail is a testament to just how big a
laughingstock pervasively corrupt, defacto bankrupt america’s become! [ If he was mobster in chief, mobster and
scoundrel trump wraps himself in populist american flag and offers up an (too
little too late – typical lightweight) implausible solution to keep ‘the juice’
flowing though he’d already be in jail in a rational, non-declining nation with
meaningful laws. All China has to do is dump (and not prospectively buy) their
ever more and declining in value day-by-day (from dollar debasement policies)
u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down
to it, this has been america’s most significant export. Indeed, this
irrevocable structural shift, hailed by cia men hw bush and clinton (clinton
couldn’t have survived with them) by way of NAFTA as the greatest thing since sliced bread was indeed in no
uncertain terms condemned and warned against by Perot, a man of honor who,
unlike his opponents, could not be bought, which is the reason, in pervasively
corrupt america, he could never have been elected. Interestingly, you may have
noticed the good (but not great, other than the spotlight on pervasive bribery
including judges, police, politicians, etc., being far too light) the film ‘The
Untouchables’ getting a wide re-airing of late, purporting to be a significant
part of american folklore / history / culture. However, the reality is that in
america, and certainly today, the real story with impact is that of ‘The
Touchables’. The reality is that Elliot Ness died a broken man; bankrupt,
unable to even win election to the mayoralty of his then current hometown. He
was incorruptible; and hence, in the real america, unelectable at the least if
not also all but unemployable (he and his are among those few genetic anomalies
in america as I’ve previously alluded to. How far america has fallen from even
false perception! Pervasively corrupt, meaningfully lawless america can’t even
fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.). [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a
25% tax increase on anything purchased from China.” ]
CHENEY
HECKLED... 'DRAFTDOGER!' 'WHERE'S BIN LADEN?' ]
Symbolic
reductions (Washington Post) Gerson: Why would the GOP cut funding for bed nets in Africa? [ Well, given the
perilous state of a nation-state in peril; viz., defacto bankrupt america and
the imperiled citizenry therein, one might ask how such was funded in the first
instance… Drudgereport: DEBT NOW EQUALS ENTIRE
ECONOMY
OBAMA AGENDA IS OVER
Obama refers to himself as
'The Gipper'… [ Riiiight! …anything you say wobmama the b for b*** s***… or
maybe the bipper, the chipper, or the yankee clipper (the new joltin’ joe)
…sounds like he’s losing it! ] ...
France Wants New Global
Finance System; End of Dollar Dominance...
Fannie, Freddie bailout: $153
billion and counting...
GALLUP: Unemployment at
10.3%...
GADDAFI TELLS PALESTINIANS:
REVOLT AGAINST ISRAEL
Gov't Motors to pay out $189
million in bonuses; some workers to get 50% payoffs..
Deficit Expected to Jump to
$1.65 Trillion...
...'slow train wreck coming'
BUDGET BLOWOUT: How big is
$3.73 trillion? $12,000 from each American...
ANALYSIS: $1.5 trillion tax hike over 10 years...
AIRLINES: New fees would be
$2 billion tax increase on flyers...
Sessions: Obama failed on
budget...
Long Spending Fight...
Produce prices to skyrocket
with freeze in Mexico, Southwest...
Clothing Prices to Rise 10% Starting in Spring...
China Replaced Japan in 2010
as Number 2 Economy...
China plans Colombian rail
link to challenge Panama canal...
The March On Berlusconi...
Malware 'Aimed at Iran Hit
Five Sites'...
Mubarak 'falls into coma
after final speech'...
Egyptian military orders last
protesters out of 'Liberation Square'...
Consolidates power...
Delivers ultimatum...
]
Could
the Dow Hit 4,500? [ Short answer: YES! Prechter et als say even far lower
(which I would agree with in real terms, but not in debased dollar terms.) ] Norfolk ‘October 20, 1999: I am at a breakfast briefing run by
a British investment house. Scarfing my bacon bap and croissant, washed down
with the treacly and malodorous coffee that only hotels can provide, I feel
quite the patronised lower-order businessman as I listen to the market
overview.
Suddenly, I become uneasy. It's not the stomach registering the high fat food -
nothing like it for dealing with last night's alcohol, I find - it's the
strange disconnection between what the fund reps are telling me and what they
want me to do. They are feeding me dead pig so I will recommend equity
investment to my clients - but they're telling me (with relaxed smiles)
"the American stock market could be as much as 50% too high, and a
correction is overdue", as I reported in a letter to a client the next
day.
We sure get bought cheaply, don't we?
It was around the same time that I attended a monthly broker network meeting in
Worcester, where another fund house recruiting sergeant told us IFA doughboys
how (in 1999) the tech boom was only in its first phase, and a sort of super-boom
was coming next.
That's when I decided (1) to start reminding my people that most of their
pensions and investments had an option to switch to cash within the wrapper -
with the caveat that I had no crystal ball, and (2) to change my own business
and earnings model to survival mode.
The next year, when one of our colleagues at the monthly get-together revealed
that the best asset class for the last 12 months had been cash and asked hands
up who'd seen that coming, I kept my hand down. I didn't want to disappear in a
hail of slightly stale bread rolls.
Today I read in "The Spectator" magazine an
article by Merryn Somerset Webb, editor-in-chief of "Moneyweek".
She points out the inflationary boom in the East and suggests a contrarian play
- invest West (counting Japan as part of the West) - but warns of overvaluation
here, too:
"I refer you to two valuation measures that seek
to tell us where markets will go over ten to 20 years, the cyclically adjusted
price-earnings ratio and the Q ratio of market value to underlying asset value.
According to their biggest fan, the strategist Andrew Smithers, they now tell
us that the US market is around 70 per cent overvalued."
I fear that Smithers is an optimist; or rather, when
he says a market is overvalued, I assume he's using a theoretical fair value as
his point of reference, and ignoring the overshoot effect. 70% overvaluation
implies a 40% (ish) drop; but for a long time I've been watching for a 70%
drop.
Back in October 2008, J. Kyle Bass of Hayman Advisors (.pdf
here) was saying "We think we will see 10-12% unemployment, a 4-5%
decline in GDP, and the equity markets could drop at least 70% from peak to
trough." (I love that reassuringly conservative "at least",
don't you? As Wavy Gravy said at Woodstock, "There is always a little bit
of heaven in a disaster area." Maybe we will all be feeding each other
again, man.)
So I had a go at drawing a picture... in December
2008, I took the Dow at close at the start of each calendar month from late
October 1928 to 80 years later, and divided it by inflation (CPI-U) as
announced for the end of the preceding month (I figured that even official
figures for consumer prices aren't as manipulated as the gold market). Here's
what I got: [chart]
Re-done today to the end of January, here's the same story updated:
[chart]
Read this way, the real peak was at the end of 1999, then the market halved
until monetary inflation from 2003 blew up real estate, then it halved again
until the wonders of QE, and sometime soon the Fed's lungs are going to give
out once more.
Allowing for inflation, a drop of 70% from December 1999 would mean the Dow's
low should be just under 4,500 today. That red dot really doesn't look so
freakishly out of whack in context - not half so much as the Twin Peaks before
it.
Of course, inflation is the joker in the pack. I'm talking about a deflation of
the Dow in real terms; one way that could happen is a phoney boom discounted by
high inflation - like 1973 - 1982, for instance:
[chart]
It took until April 1992 for the real Dow to get back
to what it had been worth in December 1972; but at least it got back. The
dollar lost 70% of its consumer purchasing power over the same period.
Like I said in my last SA article (This
Liquidity Will Soak Us All ), it may be that we're going to wet, no matter
what tree we stand under.
Meantime, I'm buying my own sandwiches.’
Ahmadinejad speaks on Egypt
(Washington Post) [ ‘Ahmadinejad says Egypt, Tunisia were inspired by Iran's
anti-Western protests’ … Yeah … this is really the truth … buttressed by factual
reality … I mean, though suffering the economic pain of american / israeli /
nato destructive mis-adventures in the mid-east, the american public is
relatively insulated from the realities of same, from war crimes to destruction
of innocent lives and property, by way of propaganda and inured by their own
zombification. The realities of the west’s inflicted horrors have finally come
home to roost. There are and will be consequences! This world is not a vacuum.
]
GOP's
plan for spending cuts sets Capitol Hill showdown (Washington Post) [
Showdown? How ‘bout hoedown! I mean, give me a break … who’s kidding whom … but
the ‘show’ part fits! Timid
Tuesday: Is it Safe? Davis
‘… This is how we pay off our current debts and I think bondholders are
simply happy to get anything out of a country that admits it owes $15Tn (1/4 of
global GDP) but probably owes closer to $60Tn (entire global GDP) in the form
of unfunded liabilities. The funniest thing about this (and you have to laugh)
is to see Conservative pundits get on TV and talk about how we need to cut
$100Bn worth of discretionary spending to "fix" this (while
continuing to spend $1Tn on the military and $1Tn on tax cuts for the top 1%
each year). There is no fixing this and even a Republican said you can’t fool
all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT
THERE! ‘ Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions …
"Here are the numbers...we're broke," Davidowitz declares, noting the
U.S. government goes $5 billion deeper into debt every day and is facing $1
trillion-plus annual deficits for the next decade. "In other words, we're
bankrupt."As with the economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them."] Some Republicans express concerns about the steep cuts, but
some cheer the trims as an important political objective -- meeting a campaign
pledge they made last fall to grass-roots activists.
Milbank:
Donald
trumps CPAC | Gibbs
gone (Washington Post) [ That trump is a loser, dressed up and
propped up by and to shill for a declining, fallen nation in the most corrupt
regions of the country (every fallen nation has such), there is no question
…"Over the years I've participated in many battles and have really almost
come out very, very victorious every single time," the Donald said.
(Except for the bankruptc[ies], that is.
[ trump’s never won a battle that wasn’t fixed in advance – jersey
general ] ) "I've beaten many
people and companies, and I've won many wars," he added. (Though he didn't
serve in the military.) "I have fairly [according to mobster rules; ie.,
bribery, money laundering, etc.] but intelligently [ as any other mob boss …
trump is total b*** s***, a fraud, and lightweight … and, despite the façade,
quite insecure … trump’s a total mental case … He truly is the ‘poster-boy’ of
american decline and part of the problem, not the solution! NEWS FLASH:
Direct from Lost Angeles Learning Annex – Presenting mobster t_rump of new
yoke, new joyzey, and now caleefornia mob fame with his continuing message for
the past several years: buy real estate (and watch the values go
down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...
trump’s fired (from ‘his own
company’)
Gunfire Erupts Inside trump Taj Mahal
Casino, 1 Dead - Second Such Incident In A Year At N.J. Mainstay Ends With
Employee Killed – What else would you you expect from a mobster’s casino in
mob-infested jersey!
Trump luxury resort folds, leaving buyers
defrauded…litigation has commenced…send for sister maryanne, the corrupt
federal judge to preside, coverup, etc., she’s in n.y./n.j./pa 3rd circuit ct appeals, understands drug money laundering/fraud and
handles her own motions to recuse her and like mobster trump should be in
jail ... (see RICO Case)
]
earned many billions of dollars [ at whose expense ], which in a sense
was both a scorecard and acknowledgment of my abilities [ to fool most of the
people, all of the time. ] ."
Egypt's
popular uprising triumphs In
18 days, a revolution topples 30-year regime Hosni Mubarak becomes
the second Arab leader in a month to succumb to his people's potent thirst for
freedom. (Washington Post) [ That 82
year old, 30 year Egyptian potentate, Pharhosni Mubarak was done was never in
question. What comes next is another matter entirely:
Drudgereport: IMF CALLS FOR ALTERNATIVE TO
$$ AS WORLD'S RESERVE
MILITARY
TAKES COMMAND
'Egypt
is Free,' crowds chant...
WIRE:
Military coup was behind Mubarak's exit...
Military
calls for normal business activity to resume...
DAY
18: Mubarak and family flee Cairo for Sharm el-Sheikh...
Swiss
freeze assets...
Obama
learns of resignation watching TV...
Crisis
Puts White House in Disarray...
Director
of National Intelligence: Muslim Brotherhood 'Largely Secular,' 'Has Eschewed
Violence'...
'Weakness'
in USA...
Ahmadinejad:
Egyptian protests herald new Mideast...
AL-JAZEERA
LIVE FEED...
FRANCE 24 LIVE FEED...
Mubarak Hangs Tough...
VP
Urges Protestors to Ignore Media, and Go Home...
AL-JAZEERA
LIVE FEED...
CIA
Panetta Confused: Said Strong likelihood Mubarak would 'step down tonight'...
March
to palace being organized...
REUTERS
LIVE...
ElBaradei
warns Egypt will 'explode'....
Egypt's
govt on the brink..
FLASH
CRASH: APPLE stock loses $10 billion in four minutes...
Jobs'
Health Rumor?
Global
Stock Exchanges Headed for Major Consolidation...
Kyl
becomes fifth senator to step aside...
Fed
Governor Resigns; Bernanke Adviser Questioned Stimulus...
NBC:
Intelligence officials 'scrambling to try to determine exactly what this all
means'...
TRUMP
DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE...
PONDERING
PRESIDENTIAL RUN... [Don’t make me laugh! … Donald
T_rump Would Impose 25% Tax on China Imports if President [
trump also said america’s become the laughingstock of the world … true
enough … and trump the biggest joke … Indeed, that trump even posits the
possibility of a run when he should be in jail is a testament to just how big a
laughingstock pervasively corrupt, defacto bankrupt america’s become! [ If he was mobster in chief, mobster and
scoundrel trump wraps himself in populist american flag and offers up an (too
little too late – typical lightweight) implausible solution to keep ‘the juice’
flowing though he’d already be in jail in a rational, non-declining nation with
meaningful laws. All China has to do is dump (and not prospectively buy) their
ever more and declining in value day-by-day (from dollar debasement policies)
u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down
to it, this has been america’s most significant export. Indeed, this
irrevocable structural shift, hailed by cia men hw bush and clinton (clinton couldn’t
have survived with them) by way of NAFTA as the greatest thing since sliced bread was indeed in no
uncertain terms condemned and warned against by Perot, a man of honor who,
unlike his opponents, could not be bought, which is the reason, in pervasively
corrupt america, he could never have been elected. Interestingly, you may have
noticed the good (but not great, other than the spotlight on pervasive bribery
including judges, police, politicians, etc., being far too light) the film ‘The
Untouchables’ getting a wide re-airing of late, purporting to be a significant
part of american folklore / history / culture. However, the reality is that in
america, and certainly today, the real story with impact is that of ‘The
Touchables’. The reality is that Elliot Ness died a broken man; bankrupt,
unable to even win election to the mayoralty of his then current hometown. He
was incorruptible; and hence, in the real america, unelectable at the least if
not also all but unemployable (he and his are among those few genetic anomalies
in america as I’ve previously alluded to. How far america has fallen from even
false perception! Pervasively corrupt, meaningfully lawless america can’t even
fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.).
[ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a
25% tax increase on anything purchased from China.” ]
CHENEY
HECKLED... 'DRAFTDOGER!' 'WHERE'S BIN LADEN?' ]
Mubarak
Steps Down as President, Army Takes Over ABC News | Egypt’s embattled President Hosni Mubarak abruptly
stepped down as president, ending his 30-year America’s
Strategic Repression of the ‘Arab Awakening’ A popular backlash against
American-supported dictatorships and repressive regimes has been anticipated
for a number of years, with arch-hawk geopolitical strategist Zbigniew
Brzezinski articulating a broad conception of a ‘Global Political Awakening’
taking place, in which the masses of the world (predominantly the educated,
exploited and impoverished youth of the ‘Third World’) have become acutely
aware of their subjugation, inequality, exploitation and oppression.
One-Way Market Action: Dave's Daily ‘"To the moon"(Alice) might be a better description of
this nonstop bullish action. All week markets were worrying about Egypt. When
things were bad there, markets rallied. When things seemed better, markets
rallied. When Cisco and Credit Suisse posted lousy reports, markets rallied.
When China raised interest rates, markets rallied. Every dip has been bought and
every dip has been buying. All this was taking place while many emerging
markets were breaking down creating some divergence from previously high
inter-market correlations. Things are going so well most reliable technical
indicators are getting steamrolled by what those few trading must believe is a
rosy future. Market rallies have been steady but not spectacularly higher with
daily .50% type moves. But, those add up. Does all this frustrate us?
Partially, since active portfolios exited a
couple of weeks ago but Lazy Portfolios are doing better. Making sense of Mr.
Market has never been an easy proposition. I'm back from attending the annual
Inside ETFs conference in
Florida where I moderated a panel on technical analysis. Most panelists were
bullish but couldn't pin-point why other than "price" analysis.
Friday Mubarak gave up probably needing the extra time to round-up the loot
before he left town for a Club Med in Dubai or some such place. Markets opened
lower on Mubarak's initial determination but then rallied some on his change of
heart Friday…’
T_rump: Ron Paul Has “Zero Chance” Of Beating Obama Paul
Joseph Watson | { Drudgereport: TRUMP
DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE... PONDERING
PRESIDENTIAL RUN... [Don’t make me laugh! … Donald
T_rump Would Impose 25% Tax on China Imports if President [ trump also said america’s become the
laughingstock of the world … true enough … and trump the biggest joke … Indeed,
that trump even posits the possibility of a run when he should be in jail is a
testament to just how big a laughingstock pervasively corrupt, defacto bankrupt
america’s become! [ If he was mobster
in chief, mobster and scoundrel trump wraps himself in populist american flag
and offers up an (too little too late – typical lightweight) implausible
solution to keep ‘the juice’ flowing though he’d already be in jail in a
rational, non-declining nation with meaningful laws. All China has to do is
dump (and not prospectively buy) their ever more and declining in value
day-by-day (from dollar debasement policies) u.s. paper / bonds and overnight
the u.s. economy consequently thereby
collapses. [ When you come right down to it, this has been america’s most
significant export. Indeed, this irrevocable structural shift, hailed by cia
men hw bush and clinton (clinton couldn’t have survived with them) by way of
NAFTA as the greatest thing since
sliced bread was indeed in no uncertain terms condemned and warned against by
Perot, a man of honor who, unlike his opponents, could not be bought, which is
the reason, in pervasively corrupt america, he could never have been elected.
Interestingly, you may have noticed the good (but not great, other than the
spotlight on pervasive bribery including judges, police, politicians, etc.,
being far too light) the film ‘The Untouchables’ getting a wide re-airing of
late, purporting to be a significant part of american folklore / history / culture.
However, the reality is that in america, and certainly today, the real story
with impact is that of ‘The Touchables’. The reality is that Elliot Ness died a
broken man; bankrupt, unable to even win election to the mayoralty of his then
current hometown. He was incorruptible; and hence, in the real america,
unelectable at the least if not also all but unemployable (he and his are among
those few genetic anomalies in america as I’ve previously alluded to. How far
america has fallen from even false perception! Pervasively corrupt,
meaningfully lawless america can’t even fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.).
[ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a
25% tax increase on anything purchased from China.” ]
CHENEY
HECKLED... 'DRAFTDOGER!' 'WHERE'S BIN LADEN?' }
In reality, the Texas Congressman has a
better chance than Republican darling Sarah Palin.
Wael Ghonim of Google plays an integral part in
ElBaradei’s bid to seize power Tony Cartalucci |
Perhaps Ghonim doesn’t know who ElBaradei really works for and that he consorts
with the very men making the US policy he feigns to deplore.
NBC:
Intelligence officials 'scrambling to try to determine exactly what this all
means'...
TRUMP
DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE...
PONDERING
PRESIDENTIAL RUN... [Don’t make me laugh! … Donald
T_rump Would Impose 25% Tax on China Imports if President [
trump also said america’s become the laughingstock of the world … true
enough … and trump the biggest joke … Indeed, that trump even posits the
possibility of a run when he should be in jail is a testament to just how big a
laughingstock pervasively corrupt, defacto bankrupt america’s become! [ If he was mobster in chief, mobster and
scoundrel trump wraps himself in populist american flag and offers up an (too
little too late – typical lightweight) implausible solution to keep ‘the juice’
flowing though he’d already be in jail in a rational, non-declining nation with
meaningful laws. All China has to do is dump (and not prospectively buy) their
ever more and declining in value day-by-day (from dollar debasement policies)
u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down
to it, this has been america’s most significant export. Indeed, this
irrevocable structural shift, hailed by cia men hw bush and clinton (clinton
couldn’t have survived with them) by way of NAFTA as the greatest thing since sliced bread was indeed in no
uncertain terms condemned and warned against by Perot, a man of honor who,
unlike his opponents, could not be bought, which is the reason, in pervasively
corrupt america, he could never have been elected. Interestingly, you may have
noticed the good (but not great, other than the spotlight on pervasive bribery
including judges, police, politicians, etc., being far too light) the film ‘The
Untouchables’ getting a wide re-airing of late, purporting to be a significant
part of american folklore / history / culture. However, the reality is that in
america, and certainly today, the real story with impact is that of ‘The
Touchables’. The reality is that Elliot Ness died a broken man; bankrupt,
unable to even win election to the mayoralty of his then current hometown. He
was incorruptible; and hence, in the real america, unelectable at the least if
not also all but unemployable (he and his are among those few genetic anomalies
in america as I’ve previously alluded to. How far america has fallen from even
false perception! Pervasively corrupt, meaningfully lawless america can’t even
fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.).
[ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a
25% tax increase on anything purchased from China.” ]
CHENEY
HECKLED... 'DRAFTDOGER!' 'WHERE'S BIN LADEN?'
Kevin
Warsh to leave Federal Reserve Board (Washington Post) [ How ‘bout gettin’ them all to leave … now
that would sound like a … sound plan! Is
Ben Bernanke A Liar, A Lunatic Or Is He Just Completely And Totally
Incompetent? Infowars.com Did you
see Ben Bernanke’s testimony before the House Budget Committee on Wednesday? It
was quite a show. Bernanke seems to believe that if he just keeps on repeating
the same mantras over and over that somehow they will become true. ] The departure leaves the governing board
almost entirely in the hands of Obama appointees.
Mubarak's
defiance puts U.S. on the defensive (Washington
Post) [ Kissinger
on Egypt unrest (2-01-11) – “This is only the first scene of the first act of a
drama that is to be played out” - And what scene of what act are we in now
sweet hank, pray tell. Indeed, after kissinger’s ingratiating comments of the
wobama administration’s ‘proper’ handling of the crisis thus far (drummin’ up
potential new ‘business’ for doin’ who knows what if anything at all) … his
‘consulting business’ must be … off … considerably! ]
House
Republicans divided on spending cuts (Washington Post) [ Holy smokes! …
$100 billion … Davis ‘… This is how we pay off our current debts and I think
bondholders are simply happy to get anything out of a country that admits it
owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn (entire global
GDP) in the form of unfunded liabilities. The funniest thing about this (and
you have to laugh) is to see Conservative pundits get on TV and talk about how
we need to cut $100Bn worth of discretionary spending to "fix" this
(while continuing to spend $1Tn on the military and $1Tn on tax cuts for the
top 1% each year). There is no fixing this and even a Republican said you can’t
fool all of the people all of the time. THIS
HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT THERE! ‘ ]
] ] An already wobbly week for House Republicans turns chaotic as
their unruly new majority flatly rejects a spending plan crafted by House
leaders, saying its cuts fell far short of fulfilling a campaign pledge to
slice $100 billion from federal programs.
Mubarak's
iron rule Robinson: Crumbling but not gently (Washington
Post) [ True enough … that crumbling but not gently thing … sounds very
‘americana’ … Spreading
unrest raises pressure on Mubarak (Washington Post) An array of new
developments turned against President Hosni Mubarak on Wednesday as Egypt moved
closer to a full rupture between its autocratic government and a growing
popular rebellion. [ Do not talk about
ruptures in the presence of Pharhosni Mubarak he chides the Washington Post!
After all, at 82 years old and 30 years in power, hernias are known to quite
easily happen… Previous: Free
elections still distant prospect for Egypt Activists
express doubts about feasibility of September ballot (Washington Post) ["I'm shocked by what
the Americans say - that Mubarak must stay as president so we can prepare for
new elections,'' said Negad El Borai, a human rights advocate and lawyer in
Cairo. "Mubarak must leave, and then we can talk." … Truth be told,
I’m not shocked. Indeed, though this is only marginally what america / israel
wanted, this will stick to america / israel like glue; that proverbial albatross;
that lose, lose scenario for america in the region. Previous: Egypt protests continue as Mubarak's
government offers concessions (Washington Post) [ Come on! Let not
all of us join america’s / israel’s, et als, and mubarak’s delusions. After all, here’s an 82 year old tyrant, in
power for 30 years, yet in some parallel universe appears to think he’s calling
the shots. Other than literal and quite foolish shots against protesters, even
journalists, see infra, there are few indeed that would trust his mindset, such
as it is, much less his judgment, so flawed as he has now shown it to be. What
is obvious is that this long overdue ‘people’s election’ cannot be thwarted by
platitudes and small talk, but resisting the inevitable will turn an american
quasi-ally into an anti-american breeding ground because there’s just no
reconciling a pro-mubarak, however slight, position with american / israeli, et
als war crimes in the region. Restless
Cairo protesters hoping for U.S. support (Washington Post) [ The sad
reality here is, much like wobama’s Afghanistan fiasco, that america has
‘bought it’. This is truly yet another ‘loss, loss’ scenario as is true of
america’s mideast policy generally. Defacto bankrupt america’s initiatives in
the region particularly, though generally true of all american policy, is the
‘square pegs in round holes’ approach to almost everything they do, which
certainly is not lost on the rest of the world. Coddling and caving in to
israeli / neocon / zionist paranoia despite the war mongering intransigence of
the former is devastating to a nation as pervasively corrupt america which is
facing insurmountable domestic problems of its own, economically, financially,
politically, and geo-politically. This should bring to mind the missteps of a
former fading empire in this same region desperately trying to remain relevant.
Indeed, from Balfour’s Despoliation to arbitrary boundaries, etc., Orwellian
britain’s demise (decline) as a real player globally was, as america’s
currently, significantly and irrevocably hastened. Quite simply, pervasively
corrupt, defacto bankrupt america will increasingly be viewed as a bunch
of ‘muck-ups’ who can’t handle their
own substantial problems much less those of other nations; and in fact,
invariably exacerbate existing conditions / problems, particularly when
pandering to israel’s self-interested concerns. ] While the ouster of President
Hosni Mubarak remains the most pressing concern for protesters, the role of
U.S. is far from absent in the dialogue. { Previous: Amid Arab protests, U.S. influence has waned
(Washington Post) [ And that’s just the way israel likes it … and to america’s
detriment, of course … which is not lost on even George Soros … Drudgereport: Soros: 'The main stumbling
block is Israel'...
….. Egyptian
protesters plan new push Government
detains foreigners, says it's willing to open talks (Washington Post) [ Open talks? ‘bout what?
Building a pyramid in mubarak’s honor before stepping down? He’s done … finito
… burnt as an over-micro-waved burrito! The following from the Post is indeed
the straw that broke the riders with whips he sent on camels’ and horses’
backs! ‘Wants to die in Egypt? How
touching, or the reality, he’s just plain touched as in totally ‘out of
it’. ‘…In what the U.S. State
Department called a "concerted campaign to intimidate," several dozen
journalists were rounded up by security forces and detained for hours, along
with foreigners working as teachers, engineers and human rights researchers.
Across the city, angry bands of supporters of President Hosni Mubarak also beat
journalists; several reporters said that they were threatened with death…’ ]
Cairo seeks to shift blame for clashes by rounding up journalists; U.S.
worries renewed protests could spark more violence from Mubarak supporters. Demonstrations
in Egypt take bloody turn In
Cairo square, Mubarak backers confront anti-government crowds (Washington Post) [ Not too difficult for desperate and done
mubarak to contrive: Mubarak
Says Egyptians Have to Choose Between “Chaos” and Him … Then Sends In His Thugs
to Stir Up Chaos (Infowars.com) In
order to justify staying in power until elections are held in September,
President Mubarak said on tv that the people had to choose between him and
“chaos”. ] The coordinated nature of day's events suggested that Mubarak's
supporters were determined to show, as he had warned, that the country faced a
"choice between chaos and stability." [ Previous: Mubarak's
pledge seen as not enough Egyptian
president plans to stay in office to transfer power (Washington Post) [ Let me put it another
way: Mubarak is as done as an over-cooked tamale … He seems to be stalling for
time and even in his age impaired mind certainly knows his position is
untenable, unsustainable, and even more irrational as each second passes. There
is a possibility that he’s using same to move money / treasure for himself and
others, literally as well, buying time. See infra … Previous: Mubarak
seeks dialogue, shows no sign of relenting Demonstrators
call for massive protest but lack leadership (Washington Post) [ He relented when he
resorted to media / internet blackout. Indeed, this lack of sign thing is a
testament to how far from reality 30 years has taken him, not to mention the
other 52 years that have taken their toll on his cognitive processes. Whether
it is plaques ‘on the brain’ or outright senility, that he is so disengaged
from the events unfolding around him, one may only wonder how he lasted this
long. Nor did his choice of cia standin / shill, new VP Suleiman enhance his
now untenable position which leaves him as ‘done as a burnt enchilada’. Kissinger
on Egypt unrest – “This is only the first scene of the first act of a drama
that is to be played out” [ The
import of this so-called interview, and it is here that I part company with
alex jones, et als (who by the way, censored me for this very thesis, which
puts him and his at the top of my hypocrite list), is that the so-called elite
have orchestrated these events and ‘are in control’. First, there are no elites
in this world; you can’t derive elites from apes, notochordates, and initially
single celled organisms. Second, almost by definition and certainly by history,
there are no elites in america even if you were to accept the first proposition
(though true) as untrue. What you do have, in this world and america
particularly (with few exceptions as I’ve discussed elsewhere / comments / my
website), are inherent criminals and mentally ill people of varying degrees of
unscrupulousness and insanity who do commit crimes, both small and large, to
further their interests or fortunes (sociopaths / psychopaths). The ’so-called
alpha-dogs’ of the human species at most, but still incompetent vegetables who,
if you look at anything they touch (to use a term term of such incompetent
vegetables as historically pertains to their role in the mideast – and
generally the state of the world) it invariably goes ‘pear shaped’ (english term).
What hasn’t zionist kissinger not messed up as appointee or ‘consultant’ – what
does he get paid for? No! The fact is, they have absolutely no idea how this
unfolds and as with most of their lives, they will predictably choose the most
sordid, despicable, and diabolical course at every turn because … that is their
inherently criminal, mentally ill / unstable nature to do so. ]
] Fragile steps to end crisis seen as plans
take shape for a transition process that would allow Mubarak to remain as a
figure head until new elections. ] After decades of repression, democracy
advocates say it could take many months -- if not years -- to lay groundwork
for open and credible elections. ]
Mubarak
cedes some authority but refuses to quit In
latest bid to quell protests, president transfers powers to VP (Washington Post) [Wow! ‘Earlier Thursday,
CIA Director Leon
Panetta told Congress that "there is a strong likelihood that Mubarak
may step down this evening."…’ Talk about being out of the loop and stuck
with ‘foot-in-mouth’ … not that you’d expect more from the CIA … CIA's
dilemma in Egypt (Washington Post)
[ Come on! How does anyone take these ‘muck-ups’ seriously … As a
purported journalist, Mr. Ignatius should know better. What distracts the
agency is self-interest and greed … yes, greed for themselves, theirs, and a
raison d’etre that assures their continued funding (oh how they miss the cold
war, hot ones will have to do) on top of their private so-called ‘black ops’.
They’re wrong or absent without leave (awol) on major events purportedly within
their bailiwick; ie., mideast, israel, ‘wmd’s in Iraq’, 9-11, Egypt, etc.; and,
as well, are fallacious in their policy direction, directives, etc.. I mean,
beyond their nefarious undertakings, they look more and more like Maxwell
Smarts (‘Get Smart’) minus ‘99’ every day. Expanded
Free Trade: Exporting Jobs [ When you come right down to it, this has been
america’s most significant export. Indeed, this irrevocable structural shift,
hailed by cia men hw bush and clinton (clinton couldn’t have survived without
them) by way of NAFTA as the greatest
thing since sliced bread was indeed in no uncertain terms condemned and
warned against by Perot, a man of honor who, unlike his opponents, could not be
bought, which is the reason, in pervasively corrupt america, he could never
have been elected. Interestingly, you may have noticed the good (but not great,
other than the spotlight on pervasive bribery including judges, police,
politicians, etc., being far too light) the film ‘The Untouchables’ getting a
wide re-airing of late, purporting to be a significant part of american
folklore / history / culture. However, the reality is that in america, and
certainly today, the real story with impact is that of ‘The Touchables’. The
reality is that Elliot Ness died a broken man; bankrupt, unable to even win
election to the mayoralty of his then current hometown. He was incorruptible;
and hence, in the real america, unelectable at the least if not also all but
unemployable (he and his are among those few genetic anomalies in america as
I’ve previously alluded to. How far america has fallen from even false
perception! Pervasively corrupt, meaningfully lawless america can’t even fake
it anymore. At CIA, mistakes by officers are often
overlooked (Washington Post) [ Duuuh! I want to know of even one
thing that’s not overlooked concerning those incompetent mental cases at the
cia; from assassinations, to illegal drug dealing, to illegal arms sales, to
corruption, to disinformation, etc., to america’s and the world’s (ie., those
WMD’s in Iraq, etc.) substantial detriment. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… The following youtube video is well worth the
look and explains how and why the frauds on wall street have gotten away with
their devastating fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ex-Justice
official quit over the handling of a voter intimidation case against the New
Black Panther Party accused his former employer of instructing attorneys in the
civil rights division to ignore cases that involve black defendants and white
victims US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama broke promises ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored ‘The Obama Deception’ has
been censored In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
For
the Same Reason I’ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
] ] Ignatius: Its fight
against al-Qaeda has distracted the agency.
] Egyptian leader's
defiance stuns and angers hundreds of thousands in Cairo who respond with
chants of "revolution, revolution."
Cisco Slump, Mubarak Saga Keep Lid On Stocks [ But guess what? The fraudulent wall street rally point … ‘news
that Egyptian President Hosni Mubarak would step down’ … never happened! ] ‘Disappointing earnings projections from Cisco and PepsiCo pressured Wall Street Friday
morning, but news that Egyptian President Hosni Mubarak would step down
buoyed markets by midday and the major indexes essentially flat by the closing
bell.The Nasdaq actually ticked positive to gain 1 point to 2,790, despite
Wednesday’s troubling report from Cisco that included a decline in gross
margins along with its better than expected earnings and revenue. (See “Cisco:
Prelude To Profits, Or Layoffs.”)Cisco’s shares slumped 14.2%, but the rest
of the tech sector as fairly resilient. Apple was also in the news, after a sudden plunge in the 1
p.m. hour on little news before recovering to finish with a 1% decline. (See “Did
Someone Have A Fat Finger On Apple Today?”)Egypt jumped back into the
headlines shortly after the open, with speculation that President Hosni Mubarak
would resign. In a speech that began just before the U.S. markets closed,
Mubarak stopped short of confirming his departure, but did say he would
transfer some of his presidential powers to Vice President Omar Suleiman until
a September election.It was a tough day for companies who rang the closing
bells at NYSE and Nasdaq, since all eyes were on Mubarak’s speech that ran past
the end of trading. The S&P 500 added 1 point to 1,322, while the Dow Jones
industrial average broke its eight-day winning streak with an 11-point decline
to 12,229.Aside from Cisco, a weaker-than-anticipated forecast from PepsiCo
also pressured stocks, overshadowing any enthusiasm for the latest snapshot of
the job market. New jobless claims fell to their lowest level since July 2008
last week, according to the Labor Department, dropping to 383,000. The
four-week moving average was down to 415,500.’
Initial
Jobless Claims Drop to 383,000 [ Come on! Who believes anything they say /
report! ]
Minimum
5% Correction Begins Cooper ‘Minyanville Editor's Note: The following is
a free edition of Jeff
Cooper's Daily Market Report…..Is it getting better?Or do you feel the
same?One (U2)
“Synchronicity is no more baffling or mysterious than the discontinuities of
physics. It is only the ingrained belief in the sovereign power of causality
that creates intellectual difficulties and makes it appear unthinkable that
causeless events exist or could ever exist. But if they do, then we must regard
them as creative acts, as the continuous creation of a pattern that exists from
all eternity, repeats itself sporadically, and is not derivable from any known antecedents.
Continuous creation is to be thought of not only as a series of successive acts
of creation, but also as the eternal presence of the ONE creative act.” --
Carl Jung
[ Wow! … Note to myself: Never bother reading the verbose, circumlocution-prone
jung. And, truth be told, while I believe it to be true there’s a substantial
correction in the offing, and it’s also true that the business cycles shouldn’t
be ignored (though computerization has lessened the impact of ‘inventory
recessions’), and that the market is significantly overvalued; the following is
a bit much and included as a matter of curiosity (those modern day alchemists
thing … ie., helicopter ben spinning more fake money from paper, fraudulent
wall street’s worthless assets from paper and spin, etc..) and correct for the
wrong or questionable reasons but is somewhat of a ‘hoot’; and so, you may
borrow and don Mickey’s sorcerer’s (apprentice) hat and hang on for the ride.
Whew! … that Jungian verbosity thing must be catching! Happy halloweeny! ]
Cisco Slump, Mubarak Saga Keep Lid On Stocks [ But guess what? The fraudulent wall street rally point … ‘news
that Egyptian President Hosni Mubarak would step down’ … never happened! ] ‘Disappointing earnings projections from Cisco and PepsiCo pressured Wall Street Friday
morning, but news that Egyptian President Hosni Mubarak would step down
buoyed markets by midday and the major indexes essentially flat by the closing
bell.The Nasdaq actually ticked positive to gain 1 point to 2,790, despite
Wednesday’s troubling report from Cisco that included a decline in gross
margins along with its better than expected earnings and revenue. (See “Cisco:
Prelude To Profits, Or Layoffs.”)Cisco’s shares slumped 14.2%, but the rest
of the tech sector as fairly resilient. Apple was also in the news, after a sudden plunge in the 1
p.m. hour on little news before recovering to finish with a 1% decline. (See “Did
Someone Have A Fat Finger On Apple Today?”)Egypt jumped back into the
headlines shortly after the open, with speculation that President Hosni Mubarak
would resign. In a speech that began just before the U.S. markets closed,
Mubarak stopped short of confirming his departure, but did say he would
transfer some of his presidential powers to Vice President Omar Suleiman until
a September election.It was a tough day for companies who rang the closing
bells at NYSE and Nasdaq, since all eyes were on Mubarak’s speech that ran past
the end of trading. The S&P 500 added 1 point to 1,322, while the Dow Jones
industrial average broke its eight-day winning streak with an 11-point decline
to 12,229.Aside from Cisco, a weaker-than-anticipated forecast from PepsiCo
also pressured stocks, overshadowing any enthusiasm for the latest snapshot of
the job market. New jobless claims fell to their lowest level since July 2008
last week, according to the Labor Department, dropping to 383,000. The
four-week moving average was down to 415,500.’
Initial
Jobless Claims Drop to 383,000 [ Come on! Who believes anything they say /
report! ]
Donald
T_rump Would Impose 25% Tax on China Imports if President [ If he was mobster in chief, mobster and
scoundrel trump wraps himself in populist american flag and offers up an (too
little too late – typical lightweight) implausible solution to keep ‘the juice’
flowing though he’d already be in jail in a rational, non-declining nation with
meaningful laws. All China has to do is dump (and not prospectively buy) their
ever more and declining in value day-by-day (from dollar debasement policies)
u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down to it, this has been
america’s most significant export. Indeed, this irrevocable structural shift,
hailed by cia men hw bush and clinton (clinton couldn’t have survived with
them) by way of NAFTA as the greatest
thing since sliced bread was indeed in no uncertain terms condemned and
warned against by Perot, a man of honor who, unlike his opponents, could not be
bought, which is the reason, in pervasively corrupt america, he could never
have been elected. Interestingly, you may have noticed the good (but not great,
other than the spotlight on pervasive bribery including judges, police,
politicians, etc., being far too light) the film ‘The Untouchables’ getting a
wide re-airing of late, purporting to be a significant part of american
folklore / history / culture. However, the reality is that in america, and
certainly today, the real story with impact is that of ‘The Touchables’. The
reality is that Elliot Ness died a broken man; bankrupt, unable to even win
election to the mayoralty of his then current hometown. He was incorruptible;
and hence, in the real america, unelectable at the least if not also all but
unemployable (he and his are among those few genetic anomalies in america as
I’ve previously alluded to. How far america has fallen from even false
perception! Pervasively corrupt, meaningfully lawless america can’t even fake
it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
… The pervasively corrupt
american illegal system … corrupt u.s. courts / (lawyers) / judges: Their
lifetime plush appointments should be abolished, which corrupt entities are
unheard of in productive societies as China, Japan, etc.. Time to abolish these
drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug money
laundering and obstruction of justice in the 3rd circuit ( also
maryanne trump barry who covered-up drug money laundering through her brother’s
casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.).
[
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… The following youtube video is well worth the
look and explains how and why the frauds on wall street have gotten away with
their devastating fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ex-Justice
official quit over the handling of a voter intimidation case against the New
Black Panther Party accused his former employer of instructing attorneys in the
civil rights division to ignore cases that involve black defendants and white
victims US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama broke promises ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored ‘The Obama Deception’ has
been censored In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
For
the Same Reason I’ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
]] “I would
announce, without equivocation, a 25% tax increase on anything purchased from
China.”
Sallai Meridor: Israel's
fear (Washington Post) [ Come on! Wake up! Illegal nuke totin’, war crimes
nation israel’s fears … p l e a s e, spare me the pro-israeli b*** s*** ! What
israel fears is a projection of their own ill-founded motives and actions for
which all norms, rules, laws governing civilized behavior are suspended for
expedience at the least, and blood-thirst that some posit as a remnant of their
historic role as Christ-killers (with roman ‘juice’). Isn’t it time, in these desperate times for america, to put
america’s, not israel’s interests, first.
Who cares what israel fears … In 1948, U.S.
Secretary of Defense James Forrestal, an opponent of the creation of a Jewish
state in Palestine, warned that, even though failure to go along with the
Zionists might cost President Truman the states of New York, Pennsylvania, and
California, it was about time that somebody should pay some consideration to
whether we might not lose the United States….. Mr. Forrestal was absolutely
correct! Isn’t that exactly what’s happened to defacto bankrupt america in
intractable decline. TIME TO REVOKE AND NULLIFY THE BALFOUR DECLARATION AND
ABROGATE THE CREATION OF THE NATION STATE OF ISRAEL IN THE INTERESTS OF
FAIRNESS, JUSTICE, PEACE AND PROSPECTIVE PROSPERITY FOR THIS WORLD! Israel wary of transition in Egypt, concerned
about regional stability (Washington Post) [ Who cares what the
paranoid, war criminal, illegal nuke totin’, war criminal israelis are wary of.
This country has gone down the tubes cow-towing to the paranoid,
self-interested concerns of the psycho / sociopathic zionist israelis who are
forever projecting their own pathological motives to every turn of history
while ignoring their own culpability in producing the very outcomes they
purportedly seek to avoid. War, conflict, greed, bloodshed is the historically
based israeli way. ] A
resurgent Syria alarms u.s., israel (Washington Post) [ Tell me! What doesn’t alarm these two
paranoid, zionist neo-nazi regimes of oppression, suppression, aggression, and
regression. If they were individuals, they’d undoubtedly be diagnosed as
psychopaths, sociopaths totally ignorant of the rights of others, laws,
civilized behavior as israel pads her illegal nuke arsenals with american
supplied weaponry / support while expecting all other nations to ‘role over and
die’. Bipolar / manic / depressive, the ups and downs are increasingly
difficult for even americans to follow. Obssessive / compulsive thy names are
zionist israel / america. Projection / displacement regarding their own illegal
acts, war crimes, etc.; what they distinguished from what they do …
dissociative identity disorder, dissociative fugue? Yes … the u.s. and israel
are the world’s lunatics, sorely in need of therapy! ] Syria's fresh interference in Lebanon and
its increasingly sophisticated weapons shipments to Hezbollah have alarm
officials and prompt Israel's military to consider striking a Syrian weapons
depot.
Spreading
unrest raises pressure on Mubarak (Washington Post) An array of new
developments turned against President Hosni Mubarak on Wednesday as Egypt moved
closer to a full rupture between its autocratic government and a growing
popular rebellion. [ Do not talk about
ruptures in the presence of Pharhosni Mubarak he chides the Washington Post!
After all, at 82 years old and 30 years in power, hernias are known to quite
easily happen… Previous: Free
elections still distant prospect for Egypt Activists
express doubts about feasibility of September ballot (Washington Post) ["I'm shocked by what
the Americans say - that Mubarak must stay as president so we can prepare for
new elections,'' said Negad El Borai, a human rights advocate and lawyer in
Cairo. "Mubarak must leave, and then we can talk." … Truth be told,
I’m not shocked. Indeed, though this is only marginally what america / israel
wanted, this will stick to america / israel like glue; that proverbial
albatross; that lose, lose scenario for america in the region. Previous: Egypt protests continue as Mubarak's
government offers concessions (Washington Post) [ Come on! Let not
all of us join america’s / israel’s, et als, and mubarak’s delusions. After all, here’s an 82 year old tyrant, in
power for 30 years, yet in some parallel universe appears to think he’s calling
the shots. Other than literal and quite foolish shots against protesters, even
journalists, see infra, there are few indeed that would trust his mindset, such
as it is, much less his judgment, so flawed as he has now shown it to be. What
is obvious is that this long overdue ‘people’s election’ cannot be thwarted by
platitudes and small talk, but resisting the inevitable will turn an american
quasi-ally into an anti-american breeding ground because there’s just no
reconciling a pro-mubarak, however slight, position with american / israeli, et
als war crimes in the region. Restless
Cairo protesters hoping for U.S. support (Washington Post) [ The sad
reality here is, much like wobama’s Afghanistan fiasco, that america has
‘bought it’. This is truly yet another ‘loss, loss’ scenario as is true of
america’s mideast policy generally. Defacto bankrupt america’s initiatives in
the region particularly, though generally true of all american policy, is the
‘square pegs in round holes’ approach to almost everything they do, which
certainly is not lost on the rest of the world. Coddling and caving in to
israeli / neocon / zionist paranoia despite the war mongering intransigence of
the former is devastating to a nation as pervasively corrupt america which is
facing insurmountable domestic problems of its own, economically, financially,
politically, and geo-politically. This should bring to mind the missteps of a
former fading empire in this same region desperately trying to remain relevant.
Indeed, from Balfour’s Despoliation to arbitrary boundaries, etc., Orwellian
britain’s demise (decline) as a real player globally was, as america’s
currently, significantly and irrevocably hastened. Quite simply, pervasively
corrupt, defacto bankrupt america will increasingly be viewed as a bunch
of ‘muck-ups’ who can’t handle their
own substantial problems much less those of other nations; and in fact,
invariably exacerbate existing conditions / problems, particularly when
pandering to israel’s self-interested concerns. ] While the ouster of President
Hosni Mubarak remains the most pressing concern for protesters, the role of
U.S. is far from absent in the dialogue. { Previous: Amid Arab protests, U.S. influence has waned
(Washington Post) [ And that’s just the way israel likes it … and to america’s
detriment, of course … which is not lost on even George Soros … Drudgereport: Soros: 'The main stumbling
block is Israel'...
Egyptian
protesters plan new push Government
detains foreigners, says it's willing to open talks (Washington Post) [ Open talks? ‘bout what?
Building a pyramid in mubarak’s honor before stepping down? He’s done … finito
… burnt as an over-micro-waved burrito! The following from the Post is indeed
the straw that broke the riders with whips he sent on camels’ and horses’
backs! ‘Wants to die in Egypt? How
touching, or the reality, he’s just plain touched as in totally ‘out of
it’. ‘…In what the U.S. State
Department called a "concerted campaign to intimidate," several dozen
journalists were rounded up by security forces and detained for hours, along
with foreigners working as teachers, engineers and human rights researchers.
Across the city, angry bands of supporters of President Hosni Mubarak also beat
journalists; several reporters said that they were threatened with death…’ ]
Cairo seeks to shift blame for clashes by rounding up journalists; U.S.
worries renewed protests could spark more violence from Mubarak supporters. Demonstrations
in Egypt take bloody turn In
Cairo square, Mubarak backers confront anti-government crowds (Washington Post) [ Not too difficult for desperate and done
mubarak to contrive: Mubarak
Says Egyptians Have to Choose Between “Chaos” and Him … Then Sends In His Thugs
to Stir Up Chaos (Infowars.com) In
order to justify staying in power until elections are held in September,
President Mubarak said on tv that the people had to choose between him and
“chaos”. ] The coordinated nature of day's events suggested that Mubarak's
supporters were determined to show, as he had warned, that the country faced a
"choice between chaos and stability." [ Previous: Mubarak's
pledge seen as not enough Egyptian
president plans to stay in office to transfer power (Washington Post) [ Let me put it another
way: Mubarak is as done as an over-cooked tamale … He seems to be stalling for
time and even in his age impaired mind certainly knows his position is
untenable, unsustainable, and even more irrational as each second passes. There
is a possibility that he’s using same to move money / treasure for himself and
others, literally as well, buying time. See infra … Previous: Mubarak
seeks dialogue, shows no sign of relenting Demonstrators
call for massive protest but lack leadership (Washington Post) [ He relented when he
resorted to media / internet blackout. Indeed, this lack of sign thing is a
testament to how far from reality 30 years has taken him, not to mention the
other 52 years that have taken their toll on his cognitive processes. Whether
it is plaques ‘on the brain’ or outright senility, that he is so disengaged
from the events unfolding around him, one may only wonder how he lasted this
long. Nor did his choice of cia standin / shill, new VP Suleiman enhance his
now untenable position which leaves him as ‘done as a burnt enchilada’. Kissinger
on Egypt unrest – “This is only the first scene of the first act of a drama
that is to be played out” [ The
import of this so-called interview, and it is here that I part company with
alex jones, et als (who by the way, censored me for this very thesis, which
puts him and his at the top of my hypocrite list), is that the so-called elite
have orchestrated these events and ‘are in control’. First, there are no elites
in this world; you can’t derive elites from apes, notochordates, and initially
single celled organisms. Second, almost by definition and certainly by history,
there are no elites in america even if you were to accept the first proposition
(though true) as untrue. What you do have, in this world and america
particularly (with few exceptions as I’ve discussed elsewhere / comments / my
website), are inherent criminals and mentally ill people of varying degrees of
unscrupulousness and insanity who do commit crimes, both small and large, to
further their interests or fortunes (sociopaths / psychopaths). The ’so-called
alpha-dogs’ of the human species at most, but still incompetent vegetables who,
if you look at anything they touch (to use a term term of such incompetent
vegetables as historically pertains to their role in the mideast – and
generally the state of the world) it invariably goes ‘pear shaped’ (english
term). What hasn’t zionist kissinger not messed up as appointee or ‘consultant’
– what does he get paid for? No! The fact is, they have absolutely no idea how
this unfolds and as with most of their lives, they will predictably choose the
most sordid, despicable, and diabolical course at every turn because … that is
their inherently criminal, mentally ill / unstable nature to do so. ]
] Fragile steps to end crisis seen as plans
take shape for a transition process that would allow Mubarak to remain as a
figure head until new elections.
}
]
]
After decades of repression, democracy advocates say it could take many
months -- if not years -- to lay groundwork for open and credible elections.
]
Congress
must raise debt ceiling, Bernanke warns (Washington Post) [ Riiiiight, bunglo ben … this from the same
ben who forecasted ‘no-recession’. The fact is, ‘helicopter ben shalom
bernanke’ hasn’t the slightest idea what he’s doing and is the ‘poster boy’, epitome
of that incompetent ivy league vegetable who’s long on rhetoric and cv but
quite short on real results. The only thing that has been true as per his
stated intentions, is an inflated new wall street bubble to and for the benefit
of the wall street frauds. ‘Have printing press, will travel’ … that soldier of
his and their fortune is a man called ‘Palawallstreet’ aka ben shalom bernanke
… which temporary obfuscation with money that’s not really there in real terms
means that beyond the temporary look good/feel good, disaster straight ahead. Bernanke's Worst Nightmare Is This Man's Boxes: Caroline Baum
BusinessWeek Feb. 10
(Bloomberg) -- Ben Bernanke arrived at his office a week ago and came face to
face with his worst nightmare. Staring out at the Federal Reserve chairman from
page C1 of the Feb. 3 edition of the Wall Street Journal was a photo ... The Associated Press Video: Republicans
Grill Bernanke Over Inflation, Debt 
Paul calls Fed's Bernanke "cocky" in House hearing
Reuters [ Yeah … Come on! … The incompetent ‘no-recession
helicopter ben’ has nothing whatsoever to be cocky about; he’s clueless as to
what to do; satisfied to be helping the frauds on wall street; but in the end,
this will end … quite badly! ] Drudgereport:White House to Slash Heating
Program for Poor…but still no pros of massive frauds on wall street which fines
and disgorgement of would yield huge amounts to cover spending... [ Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of
economic revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them."Check the accompanying video for more of Howard's unfettered
opinions and stay tuned for additional clips from
this interview. And...Happy Thanksgiving! Aaron Task is the host of Tech
Ticker. You can follow him on Twitter at @atask or email him at
[email protected]’
Timid
Tuesday: Is it Safe? Davis ‘… This is how we pay off our current
debts and I think bondholders are simply happy to get anything out of a country
that admits it owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn
(entire global GDP) in the form of unfunded liabilities. The funniest thing
about this (and you have to laugh) is to see Conservative pundits get on TV and
talk about how we need to cut $100Bn worth of discretionary spending to
"fix" this (while continuing to spend $1Tn on the military and $1Tn
on tax cuts for the top 1% each year). There is no fixing this and even a
Republican said you can’t fool all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL
OUT THERE! ‘ ]
] Fed chairman offers dire
warnings about the damage Congress could wreak if it refrains from raising the
government's debt limit this spring.
Rep.
Lee (R-N.Y.) resigns after Craigslist incident (Washington
Post) [ I am truly astounded; and, I say that without even a tinge of
sarcasm. Where is the corpus dilicti here. That he is a fool and somewhat a
dummy, if such is the standard for resignation, then all of capital hill should
be tendering their resignations en masse. After all, aside from the inherent
conflict, and particularly in light of a financial / fiscal / economic disaster
in large part of their own making and compounding by failing to prosecute the
perps and instead accommodate their crimes, ie., FASB rule change, etc., does
not the consistent though undeserved raises they give themselves constitute of
sorts a defalcation of duty, responsibility, and trust. Unlike congress, indeed
all the pervasively corrupt and incompetent branches of u.s. government in
their day-to-day activities / course of business, though tasteless, sleazy,
etc., this so-called incident is without a corpus dilicti. It kind of reminds
me of that scene in ‘Road to Perdition’ when mob kingpin Newman responds (in a
somewhat incredulous, come on, who you kidding way) to former footsoldier Hanks
by reminding him that they’re all murderers (in the room-including
Hanks).] Move came after a Web site
reported that the married congressman had e-mailed a shirtless image of himself
to a woman he met online.
CIA's
dilemma in Egypt (Washington Post)
[ Come on! How does anyone take these ‘muck-ups’ seriously … As a
purported journalist, Mr. Ignatius should know better. What distracts the
agency is self-interest and greed … yes, greed for themselves, theirs, and a
raison d’etre that assures their continued funding (oh how they miss the cold
war, hot ones will have to do) on top of their private so-called ‘black ops’.
They’re wrong or absent without leave (awol) on major events purportedly within
their bailiwick; ie., mideast, israel, ‘wmd’s in Iraq’, 9-11, Egypt, etc.; and,
as well, are fallacious in their policy direction, directives, etc.. I mean,
beyond their nefarious undertakings, they look more and more like Maxwell
Smarts (‘Get Smart’) minus ‘99’ every day. Expanded
Free Trade: Exporting Jobs [ When you come right down to it, this has been
america’s most significant export. Indeed, this irrevocable structural shift,
hailed by cia men hw bush and clinton (clinton couldn’t have survived without
them) by way of NAFTA as the greatest
thing since sliced bread was indeed in no uncertain terms condemned and
warned against by Perot, a man of honor who, unlike his opponents, could not be
bought, which is the reason, in pervasively corrupt america, he could never
have been elected. Interestingly, you may have noticed the good (but not great,
other than the spotlight on pervasive bribery including judges, police,
politicians, etc., being far too light) the film ‘The Untouchables’ getting a
wide re-airing of late, purporting to be a significant part of american
folklore / history / culture. However, the reality is that in america, and
certainly today, the real story with impact is that of ‘The Touchables’. The
reality is that Elliot Ness died a broken man; bankrupt, unable to even win
election to the mayoralty of his then current hometown. He was incorruptible;
and hence, in the real america, unelectable at the least if not also all but
unemployable (he and his are among those few genetic anomalies in america as
I’ve previously alluded to. How far america has fallen from even false
perception! Pervasively corrupt, meaningfully lawless america can’t even fake
it anymore. At CIA, mistakes by officers are often
overlooked (Washington Post) [ Duuuh! I want to know of even one
thing that’s not overlooked concerning those incompetent mental cases at the
cia; from assassinations, to illegal drug dealing, to illegal arms sales, to
corruption, to disinformation, etc., to america’s and the world’s (ie., those
WMD’s in Iraq, etc.) substantial detriment. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal / judicial
processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… The following youtube video is well worth the
look and explains how and why the frauds on wall street have gotten away with
their devastating fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ex-Justice
official quit over the handling of a voter intimidation case against the New
Black Panther Party accused his former employer of instructing attorneys in the
civil rights division to ignore cases that involve black defendants and white
victims US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama broke promises ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored ‘The Obama Deception’ has
been censored In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
For
the Same Reason I’ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
] ] Ignatius: Its fight
against al-Qaeda has distracted the agency.
Expanded
Free Trade: Exporting Jobs [ When you come right down to it, this has been
america’s most significant export. Indeed, this irrevocable structural shift,
hailed by cia men hw bush and clinton (clinton couldn’t have survived without
them) by way of NAFTA as the greatest
thing since sliced bread was indeed in no uncertain terms condemned and
warned against by Perot, a man of honor who, unlike his opponents, could not be
bought, which is the reason, in pervasively corrupt america, he could never
have been elected. Interestingly, you may have noticed the good (but not great,
other than the spotlight on pervasive bribery including judges, police,
politicians, etc., being far too light) the film ‘The Untouchables’ getting a
wide re-airing of late, purporting to be a significant part of american
folklore / history / culture. However, the reality is that in america, and
certainly today, the real story with impact is that of ‘The Touchables’. The
reality is that Elliot Ness died a broken man; bankrupt, unable to even win
election to the mayoralty of his then current hometown. He was incorruptible;
and hence, in the real america, unelectable at the least if not also all but
unemployable (he and his are among those few genetic anomalies in america as
I’ve previously alluded to. How far america has fallen from even false
perception! Pervasively corrupt, meaningfully lawless america can’t even fake
it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… The following youtube video is well worth the
look and explains how and why the frauds on wall street have gotten away with
their devastating fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ex-Justice
official quit over the handling of a voter intimidation case against the New
Black Panther Party accused his former employer of instructing attorneys in the
civil rights division to ignore cases that involve black defendants and white
victims US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama broke promises ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored ‘The Obama Deception’ has
been censored In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
For
the Same Reason I’ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
] Lounsbury
‘In January Steven Hansen observed
that, through November, the trade deficit for manufactured goods was the
equivalent of 1.3 million workers earning the median manufacturing wage in the
U.S. Well, the trade deficit has been with us in a major way for nearly two
decades. I am reminded of the 1992 presidential campaign where one of the three
candidates, Ross Perot, argued against the adoption of NAFTA, The North
American Free Trade Agreement. The other two candidates supported NAFTA.
Perot
is famous for his statement that a free trade agreement that was not a two way
street would create a “giant
sucking sound” of jobs going south to the cheap labor markets of Mexico.
Both of Perot’s opponents (George H.W. Bush and Bill Clinton) argued that NAFTA
would create jobs in the U.S. because of business expansion.However, the goods
balance of trade for the U.S. with Mexico has been negative and steadily
growing over the years. In 2010 it amounted to $61.6
billion, which was 9.5% of the total goods trade deficit last year.
So Perot has
been vindicated in his opinion; expanded free trade has not been accompanied by
an increase in jobs in the U.S. relative to the vast numbers of jobs created in
the rest of the world as NAFTA became just a stepping stone on the pathway to
global commerce.
Veronique de
Rugy has produced
a graph which shows how manufacturing output and manufacturing employment
have varied over the years 1975 – 2010.
click to
enlarge images
The giant
sucking sound actually started in 1980 as manufacturing employment peaked in 1979.
The decline in employment in 1980-83 can be associated with the double
recessions of that time period, which was also evidenced in the drop in
manufacturing output. But when the recovery took hold, manufacturing resumed
strong growth but employment gradually declined from 1984 to 2000, after which
the decline accelerated.
Now, to be
fair, not all the employment decline was due to increased employment overseas.
Trade deficits remained fairly benign by 21st century standards.
Employment declined significantly because of productivity improvements as more
and more automation replaced manual labor. However, some of the decline was
undoubtedly due to increased importation of goods to the U.S.
The rapid
growth in the trade deficit for goods began in the early 1990s and we will
start our detailed examination of the data with 1992, in deference to Mr.
Perot.
Growth of
the Trade Deficit for Goods
The first two
tables show pertinent annual data. The table on the left shows the trade
balance for goods. The table on the right shows the value of U.S. manufactured
goods and manufacturing payroll employment.
The sources
for the data used in these tables are:
- Trade
Balance: Goods, Balance of Payments Basis (BOPGTB)
- MANEMP
Non-Farms Payrolls Manufacturing
- Total Value of Manufactured Products Federal
Reserve Statistical Release G.17, Industrial
Production and Capacity Utilization: Table 9
Productivity Improvement
In 19 years the value of U.S. manufacturing output
has risen by 58% while manufacturing employment has declined by 31%. It only
took 2.5 manufacturing employees in 2010 to produce what 5.8 employees produced
in 1992. The dramatic improvement in labor productivity (and loss of jobs) is
emphasized by the following graph.
Jobs Equivalent to Manufactured Goods Trade Deficit
One cannot say that there is a U.S. jobs loss exactly
equal to the trade deficit for manufactured goods. Here are some reasons:
- The goods trade deficit may have led to a more
favorable balance of exchange in other areas, for example in export of
services. This would have produced more U.S. service jobs.
- The trade balance deficit may have produced
foreign investment in the U.S. that would not have otherwise occurred,
creating domestic jobs.
- The trade deficit may have actually increase
demand for exports of goods still manufactured in the U.S.
- Foreign employment may have been created for
U.S. citizens that would not otherwise have occurred.
- If the manufacturing had remained in the U.S.
productivity gains might have been even greater than have been
experienced.
However, it is not unreasonable to make the
assumption that a significant portion of the manufacturing jobs equivalent to
the trade deficit would have been created in the U.S.
The U.S. manufacturing jobs equivalence of the goods
trade deficit is shown for each of the years starting with 1992 in the
following table, along with the cumulative total. Hereafter we refer to the
jobs equivalence as “jobs exported”.
[chart]
The jobs exported each year are shown in the
following graph.
The following graph shows that there have been a
cumulative total of almost 29 million jobs exported over the past 19 years.
Unemployment Today and the Counterfactual Labor
Shortage
The total number of people employed today according
to the latest BLS (Bureau of Labor Statistics) data is 139.3 million. If just
half of the exported jobs were retained in the U.S., there would be about 153
million employed. The current civilian labor force is only 153 million so there
would be no slack in the labor force at all. However, the labor participation
rate has fallen from 67% in 2000-01 to 64.2% today. If the participation rate
returned to 67% the civilian labor force would be 160 million. With 153 million
employed the unemployment rate would be 4.4% and we would be complaining of
labor shortages.
The Sweet Spot
If only some, even less than half, of the
manufacturing that has been outsourced had been retained in the U.S., it is
likely that there would still be an emerging market boom, but there would not
be the severe structural unemployment problem that exists today in the U.S. It
seems, looking at these numbers, that where we are is not the result of doing a
fundamentally bad thing. It could be argued that it is actually the result of
taking a good thing too far. It seems we missed the sweet spot and simply
botched a beautiful shot.
Free Trade is a very good thing, but free trade taken
too far is destructive. Hard data shows why.
Related Article
USA Trade Deficit Exports 1.3 million Jobs by Steven Hansen’
Drudgereport: Oil
hits $101 again...
Paul
Ryan confronts over Fed's purchases of debt...
Soaring
debt pushes Portugal towards bailout...
House GOP Targets Dozens of Gov't Programs...
CUT,
CUT, CUT...
White
House to Slash Heating Program for Poor…but still no pros of massive frauds on
wall street which fines and disgorgement of would yield huge amounts to cover
spending... [ Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of
economic revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them."Check the accompanying video for more of Howard's unfettered
opinions and stay tuned for additional clips from
this interview. And...Happy Thanksgiving! Aaron Task is the host of Tech
Ticker. You can follow him on Twitter at @atask or email him at
[email protected]’
Timid
Tuesday: Is it Safe? Davis ‘… This is how we pay off our current
debts and I think bondholders are simply happy to get anything out of a country
that admits it owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn
(entire global GDP) in the form of unfunded liabilities. The funniest thing
about this (and you have to laugh) is to see Conservative pundits get on TV and
talk about how we need to cut $100Bn worth of discretionary spending to
"fix" this (while continuing to spend $1Tn on the military and $1Tn
on tax cuts for the top 1% each year). There is no fixing this and even a
Republican said you can’t fool all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL
OUT THERE! ‘ ]
UNDERDOG:
CNN POLL: 51% SEE NO SECOND TERM FOR OBAMA...
71%
OF ALL VEGAS HOMEOWNERS UNDER WATER...
'New
normal' in housing bust...
STRESS...
Job
openings fall for second straight month...
HOUSE
VOTES NEXT WEEK TO BLOCK OBAMACARE FUNDS
WE'RE
ON 'ROAD TO RUIN'
UPDATE:
Egypt sees largest demos since start of revolt...
NEW
WORLD TRADES...
Global
Stock Exchanges Headed for Major Consolidation...
D
Börse, NYSE in advanced talks...
London
takes Canada...
Exchange
chiefs seek new global powerhouses...
SAUDIS
TOLD OBAMA 'NOT TO HUMILIATE MUBARAK' [ Sounds like they’re hearing
footsteps…Previous: Egyptian
capital teeters on anarchy Mubarak
asks cabinet to resign as anti-regime protests intensify
(Washington Post) [ Mubarak should have been looking in the mirror as he asked
his cabinet to resign … 30 years is a long time, and coincidentally, time for him
to go. In
Egypt: Access denied (Washington Post) [The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does anyone
think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP)
Internet cutoff fails to silence Egypt protests (AP)
- AP - In its effort to silence protesters, Egypt took a step that's rare
even among authoritarian governments: It cut off the Internet across the entire
country. Mubarak fires Cabinet, defends army’s efforts Sat, 29 Jan 2011 00:20:58 GMT Egyptian
President Hosni Mubarak dismisses his Cabinet, calls on the army to help put
down rising potests... Egypt's Mubarak sends in army,
resists demands to quit (Reuters)
- 1 hour agoReuters - Egyptian President Hosni Mubarak refused
on Saturday to bow to demands that he resign after ordering troops and tanks
into cities in an attempt to quell an explosion of street protests
again... ]
Embattled leader's move falls far short of demands that he give up his 30-year
authoritarian rule, leave the country and permit fresh elections. ]
Debt
relief for states proposed (Washington Post) [ I’ve heard of the ‘blind leading the blind’, but the ‘bankrupt
borrowing from the bankrupt’ seems to be a nouveau american phenomenon destined
for ‘clichedom’. Previous: Governors
plan painful cuts amid budget crises (Washington Post) [ This truly is a disaster in the making, with
consequences even more dire than the grim outlook set forth by Meridith
Whitney, if that could even be fathomed. It’s really going to be all that
bad…see infra, The Economic Collapse, ‘#10 The municipal bond crisis could go “supernova” at
any time. Already, investors are bailing out of bonds at a frightening
pace. State and local government debt is now sitting at an all-time high
of 22
percent of U.S. GDP. According to Meredith Whitney, the municipal
bond crisis that we are facing is a gigantic threat to our financial system….
“It has
tentacles as wide as anything I’ve seen. I think next to housing this is the
single most important issue in the United States and certainly the largest
threat to the U.S. economy.”
Former
Los Angeles mayor Richard Riordan is convinced that things are so bad that
literally 90% of our states and cities could go bankrupt over the next five
years…. ‘ ] Governors across the
ideological spectrum are embracing the politics of austerity in a desperate
effort to balance the books. ]
Proposal would ease financial burden on many state governments in the
wake of the recession.
At CIA, mistakes by officers are often
overlooked (Washington Post) [ Duuuh! I want to know of even one
thing that’s not overlooked concerning those incompetent mental cases at the
cia; from assassinations, to illegal drug dealing, to illegal arms sales, to
corruption, to disinformation, etc., to america’s and the world’s (ie., those
WMD’s in Iraq, etc.) substantial detriment. See also, ie., http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal /
judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… The following youtube video is well worth the
look and explains how and why the frauds on wall street have gotten away with
their devastating fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ex-Justice
official quit over the handling of a voter intimidation case against the New
Black Panther Party accused his former employer of instructing attorneys in the
civil rights division to ignore cases that involve black defendants and white
victims US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama broke promises ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored ‘The Obama Deception’ has
been censored In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
For
the Same Reason I’ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
]
Four
charged in 'brazen coverup' of insider trading (Washington Post) [ 'The alleged conspirators "lacked a
mobster's better-honed instinct for conversational discretion," said
Janice K. Fedarcyk, head of the FBI's New York field office.'... Isn't that the
truth; not like the big mobsters at goldman sachs, et als, who were well
connected with plenty of juice and whose hard drives, conversations, etc.,
seemed never to make it to the crosshairs of real scrutiny, though any such
prosecution of even the small fries like these wall street frauds should be
welcomed, but with a sense of bewilderment as to how the aforesaid biggest
frauds have yet to be prosecuted for the largest fraud in the history of this
world with the consequences of their fraud 'now marked to anything' as they
cashed out(that legislated FASB rule change / accommodation /complicity). ]
Hedge fund manager allegedly tells colleague: Go to the office and shred
"as much as you can."
Humility on the Nile Will: Maybe America's finally realizing the limits of its influence abroad. (Washington Post) [ I believe the power of Mr. Will’s article is twofold: First, that humility thing for america and the concomitant limits of american influence abroad. Like no other time in america’s short-lived history, america has a lot to be humble about. Afterall, america is defacto bankrupt, pervasively corrupt across all institutions whether they be governmental / judicial / private, and literally crime-ridden with crime rates exceeding by large margins those of other so-called civilized / tier one nations. Moreover, much like america’s commander(s) in chief, wobama the b (for b*** s*** - and war criminal bush), words are belied by actions / misdeeds. Indeed, the propping up of corrupt / criminal / oppressive regimes and the war crimes accompanying destruction and taking of innocent lives are facts lost on no one in this age like never before of ubiquitously available information which renders america’s once formidable propaganda machine now impotent in relative terms.Truth / reality works against america in every way. Second, and as important is that former global dichotomy that Mr. Will references; viz., the cold war and communism versus non-communism. No such simple lines now exist, nor can they be drawn owing to america’s failure, corruption, and meaningful lawlessness on so many levels and with such negative consequences. ]
Is
the Market Headed for a Sell-Off? Zaky [ Yes … I agree, except that fundamentally the longer term
prospects are even worse than his bearish outlook suggests (don’t forget the
debasement of the dollar, manipulation, and spending / printing money the nation
doesn’t have in real terms behind this manipulated uptick) and summarized as
follows: ‘I suspect that this rally is on its very last legs. We should see a
very healthy 10% or so correction within the next 1-2 week period ... This
market is headed for a sell-off. ]
2011
Update: Another Lost Decade for Stocks - Are You Prepared? [ I agree that
this is but a (manipulated) bull cycle in a secular bear market with
substantially worse to come! ]Kopas ‘In February 2010, we published an article
on Seeking Alpha entitled “Another Lost Decade for Stocks - Are You Prepared?,”
wherein we argued that the year 2000 marked a secular (long-term) peak for U.S.
stocks. A secular bear market is formed when a series of business cycles are
linked together, establishing an extended period of stock market
under-performance. Our objective here is to bring you up-to-date on the
progress of this secular bear market and help you prepare for the next ten
years.
The
first benchmark we monitor is U.S. stock prices adjusted for inflation. In this
chart below, we compare the U.S. stock market to the Shiller 10-year
Price/Earnings ratio. This P/E ratio is an indication of investor confidence; a
lack of that signals extreme valuation levels. Our conclusion is
that investor psychology is still too optimistic and has a long way to go
before reaching an undervalued stock market level.
[chart] click to enlarge
Updating
our duration and valuation benchmarks, again we find progress,
but not yet achieving the truly undervalued levels we expect to see toward the
end of a secular bear market. Based upon previous cycles, it appears we are
only slightly past the half way mark in terms of years, number of recessions,
and valuations. A look at our chart and table comparing this to earlier secular
bear markets illustrates our conclusion. We expect that a major bottom for
inflation adjusted stock prices is still years away before stocks finally
gravitate toward the target area outlined below.
[chart]
New
Benchmark: Tobin Q Ratio
In
this update we introduce another relative valuation benchmark created by Yale
economics professor and Nobel laureate James Tobin, hence the name Tobin’s Q
Ratio. The Q ratio is calculated as the total value of the stock market divided
by the replacement cost of all its companies. Values greater than 1 indicate
stock prices sell above their replacement cost and are therefore “expensive.” A
reading below 1 indicates stocks can be bought below replacement cost and
therefore indicates that it is cheaper to buy a company than to build one.
A
long-term view of the Q ratio gives investors a good understanding of value,
information about current risk levels and a method to assess probable returns
for the long term. Secular bear markets historically bottom when the Q ratio
declines to a bargain level less than .4, meaning stock prices sell for just
40% of replacement value. Today’s reading of 1.03 is above the average reading
of .75 and considerably higher than the average secular low reading of .33. Investors
beware; stocks have considerable more downside potential before the Q ratio
truly reflects a great valuation. Buy and Hold tactics will continue to
frustrate investors, just as they have in the past decade.
In
conclusion, none of the benchmarks we evaluate indicate we are anywhere close
to a secular stock market bottom yet. In the meantime, a prudent and profitable investment
strategy should be flexible enough to actively adjust portfolio asset
allocation, depending on where we are in the business cycle and the direction
of the secular trend.’
Shiller Ratio Points to U.S. Equities Being Significantly
Overvalued [ Yes they are indeed;
so take this especially great opportunity to sell, take profits since there’s
much, much worse to come! That computer-programmed spike into the close to keep
suckers suckered does not change the aforesaid. This is particularly evident in
their attempt to cash in on that superstitious scam known as the ‘January
effect’ by way of these manipulated bubble-making buy programs; you know,
loosen / soften the suckers up for the coming year’s new fraud / scam. ] The
'January
Effect' Is More Market Myth Than Sound Analysis ... Kumar ‘…January of 1929, for example, was
off to a brisk start as the Dow Jones Industrial Average climbed to 317 from
307. But investors would be slammed later in the year by a historic stock
market crash that heralded the start of the Great Depression. January of 1987,
too, began nicely. The Dow climbed to 2160 at the end of the month after
starting out at 1927. But Black Monday
would hit investors in October of that year, leading to the sharpest historical
stock market decline in percentage terms. More recently, January 2001 had a
strong showing when the Dow Jones finished the month at 10,887 after starting
at 10,646. Those reading it as an auspicious beginning would be hit first by
the further fallout from collapse of the dot-com bubble and then the massive
decline following the September 11 terrorist attacks. See
full article from DailyFinance: http://srph.it/cyaPDT
‘… Then, more recently there’s ‘The stock market scored a strong gain
and locked in its first positive finish for January since 2007 (we all know
what happened after that! Crash!) with help from the energy sector, which
climbed sharply in response to a spike in oil prices.(Yahoo/Briefing.com) …
Higher oil prices … riiiiight! … that sounds bull(s***)ish … on fraudulent wall
street. ]
Governors
plan painful cuts amid budget crises (Washington Post) [ This truly is a disaster in the making, with
consequences even more dire than the grim outlook set forth by Meridith
Whitney, if that could even be fathomed. It’s really going to be all that bad…see
infra, The Economic Collapse, ‘#10 The municipal bond crisis
could go “supernova” at any time. Already, investors are bailing out of
bonds at a frightening pace. State and local government debt is now
sitting at an all-time high of 22
percent of U.S. GDP. According to Meredith Whitney, the municipal
bond crisis that we are facing is a gigantic threat to our financial system….
“It has
tentacles as wide as anything I’ve seen. I think next to housing this is the
single most important issue in the United States and certainly the largest
threat to the U.S. economy.”
Former
Los Angeles mayor Richard Riordan is convinced that things are so bad that
literally 90% of our states and cities could go bankrupt over the next five
years…. ‘ ] Governors across the
ideological spectrum are embracing the politics of austerity in a desperate
effort to balance the books.
Egypt protests continue as Mubarak's
government offers concessions (Washington Post) [ Come on!
Let not all of us join america’s / israel’s, et als, and mubarak’s delusions. After all, here’s an 82
year old tyrant, in power for 30 years, yet in some parallel universe appears
to think he’s calling the shots. Other than literal and quite foolish shots
against protesters, even journalists, see infra, there are few indeed that
would trust his mindset, such as it is, much less his judgment, so flawed as he
has now shown it to be. What is obvious is that this long overdue ‘people’s
election’ cannot be thwarted by platitudes and small talk, but resisting the
inevitable will turn an american quasi-ally into an anti-american breeding
ground because there’s just no reconciling a pro-mubarak, however slight,
position with american / israeli, et als war crimes in the region. Restless
Cairo protesters hoping for U.S. support (Washington Post) [ The sad
reality here is, much like wobama’s Afghanistan fiasco, that america has
‘bought it’. This is truly yet another ‘loss, loss’ scenario as is true of
america’s mideast policy generally. Defacto bankrupt america’s initiatives in
the region particularly, though generally true of all american policy, is the
‘square pegs in round holes’ approach to almost everything they do, which
certainly is not lost on the rest of the world. Coddling and caving in to
israeli / neocon / zionist paranoia despite the war mongering intransigence of
the former is devastating to a nation as pervasively corrupt america which is
facing insurmountable domestic problems of its own, economically, financially,
politically, and geo-politically. This should bring to mind the missteps of a
former fading empire in this same region desperately trying to remain relevant.
Indeed, from Balfour’s Despoliation to arbitrary boundaries, etc., Orwellian
britain’s demise (decline) as a real player globally was, as america’s
currently, significantly and irrevocably hastened. Quite simply, pervasively
corrupt, defacto bankrupt america will increasingly be viewed as a bunch
of ‘muck-ups’ who can’t handle their
own substantial problems much less those of other nations; and in fact,
invariably exacerbate existing conditions / problems, particularly when
pandering to israel’s self-interested concerns. ] While the ouster of President
Hosni Mubarak remains the most pressing concern for protesters, the role of
U.S. is far from absent in the dialogue. { Previous: Amid Arab protests, U.S. influence has waned
(Washington Post) [ And that’s just the way israel likes it … and to america’s
detriment, of course … which is not lost on even George Soros … Drudgereport: Soros:
'The main stumbling block is Israel'...
Egyptian
protesters plan new push Government
detains foreigners, says it's willing to open talks (Washington Post) [ Open talks? ‘bout what?
Building a pyramid in mubarak’s honor before stepping down? He’s done … finito
… burnt as an over-micro-waved burrito! The following from the Post is indeed
the straw that broke the riders with whips he sent on camels’ and horses’
backs! ‘Wants to die in Egypt? How
touching, or the reality, he’s just plain touched as in totally ‘out of
it’. ‘…In what the U.S. State
Department called a "concerted campaign to intimidate," several dozen
journalists were rounded up by security forces and detained for hours, along
with foreigners working as teachers, engineers and human rights researchers.
Across the city, angry bands of supporters of President Hosni Mubarak also beat
journalists; several reporters said that they were threatened with death…’ ]
Cairo seeks to shift blame for clashes by rounding up journalists; U.S.
worries renewed protests could spark more violence from Mubarak supporters. Demonstrations
in Egypt take bloody turn In
Cairo square, Mubarak backers confront anti-government crowds (Washington Post) [ Not too difficult for desperate and done
mubarak to contrive: Mubarak
Says Egyptians Have to Choose Between “Chaos” and Him … Then Sends In His Thugs
to Stir Up Chaos (Infowars.com) In
order to justify staying in power until elections are held in September,
President Mubarak said on tv that the people had to choose between him and
“chaos”. ] The coordinated nature of day's events suggested that Mubarak's
supporters were determined to show, as he had warned, that the country faced a "choice
between chaos and stability."
[ Previous: Mubarak's
pledge seen as not enough Egyptian
president plans to stay in office to transfer power (Washington Post) [ Let me put it another
way: Mubarak is as done as an over-cooked tamale … He seems to be stalling for
time and even in his age impaired mind certainly knows his position is
untenable, unsustainable, and even more irrational as each second passes. There
is a possibility that he’s using same to move money / treasure for himself and
others, literally as well, buying time. See infra … Previous: Mubarak
seeks dialogue, shows no sign of relenting Demonstrators
call for massive protest but lack leadership (Washington Post) [ He relented when he
resorted to media / internet blackout. Indeed, this lack of sign thing is a
testament to how far from reality 30 years has taken him, not to mention the
other 52 years that have taken their toll on his cognitive processes. Whether
it is plaques ‘on the brain’ or outright senility, that he is so disengaged
from the events unfolding around him, one may only wonder how he lasted this
long. Nor did his choice of cia standin / shill, new VP Suleiman enhance his
now untenable position which leaves him as ‘done as a burnt enchilada’. Kissinger
on Egypt unrest – “This is only the first scene of the first act of a drama
that is to be played out” [ The
import of this so-called interview, and it is here that I part company with
alex jones, et als (who by the way, censored me for this very thesis, which
puts him and his at the top of my hypocrite list), is that the so-called elite
have orchestrated these events and ‘are in control’. First, there are no elites
in this world; you can’t derive elites from apes, notochordates, and initially
single celled organisms. Second, almost by definition and certainly by history,
there are no elites in america even if you were to accept the first proposition
(though true) as untrue. What you do have, in this world and america
particularly (with few exceptions as I’ve discussed elsewhere / comments / my
website), are inherent criminals and mentally ill people of varying degrees of
unscrupulousness and insanity who do commit crimes, both small and large, to
further their interests or fortunes (sociopaths / psychopaths). The ’so-called
alpha-dogs’ of the human species at most, but still incompetent vegetables who,
if you look at anything they touch (to use a term term of such incompetent
vegetables as historically pertains to their role in the mideast – and
generally the state of the world) it invariably goes ‘pear shaped’ (english
term). What hasn’t zionist kissinger not messed up as appointee or ‘consultant’
– what does he get paid for? No! The fact is, they have absolutely no idea how
this unfolds and as with most of their lives, they will predictably choose the
most sordid, despicable, and diabolical course at every turn because … that is
their inherently criminal, mentally ill / unstable nature to do so. ]
] Fragile steps to end crisis seen as plans
take shape for a transition process that would allow Mubarak to remain as a
figure head until new elections.
} ]
Obama
prods U.S. firms to help economy (Washington Post) [ Sounds like a plan! Riiiiight!
Unfortunately wobama, unlike capital hill, and with bean-counters /
number-crunchers / financial analysts paid to look beyond your next election
cycle, there are few if any rational investment projects that comport with your
politicking goals, particularly in light of your perpetual wars and the defacto
bankruptcy of the nation … The
Gipper's true heirs (Washington Post) [ ‘Wobama the b’ (for b*** s***),
quite remarkably, seems to imply he is one. Yet, his ‘ask what you can do for your
country’ entreaty to the ‘corporate execs’ (wake up wobama, they’ve already
done it, shifting production / jobs irrevocably overseas, etc., while engaging
in the largest fraud by way of wall street in the history of the world, with
apparent impunity I might add as per professional criminal courtesy via you and
your department of injustice) sounds awfully John F. Kennedyish; yet never the
twain should meet (in fact, Reagan and his friend, William Holden reportedly
lifted a glass and cheered Kennedy’s assassination – not totally ill-intended
since they bought into that ‘Kennedy treason’ propaganda being pushed by the
cia et als. Actually, Reagan’s greatest (and most unlikely going in)
achievement was the peaceful transition from communism he helped initiate and
facilitate with Russia’s rational and astute Mikhail Gorbachev which made way
for substantial peace dividend for both nations.) Yes, wobama seems to be
suffering from a form of multiple personality disorder which has invariably
been interposed in defense of missteps and ‘bad behavior’, but as is true now,
without success. ] Robinson:
Republicans claim the Reagan mantle, but Democrats act almost like Reaganites.
Budget
freeze hampers oversight, SEC chair says (Washington Post) [ Well, now we
know the real reason behind the spending freeze. It always was a bit of a
stretch to say that was because of their seriousness regarding
deficit-reduction which is a catch-phrase but myth at best. That said, in light
of wobama’s et als’ failure to live up to campaign promises regarding
prosecution of the blatant frauds on wall street, it seems that the absence of
the $200 million will be interposed as an excuse for planned failure. After
all, at every turn, the frauds on wall street were given every opportunity to
cover their tracks and keep their booty. The attorney general’s office, u.s.
attorneys and wobama the b are the worst offenders concerning the foregoing. ] Mary L. Schapiro says the freeze is
compromising the agency's ability to police the financial markets. Defacto bankrupt, fraudulent america also spends more on
offensive (defensive a misnomer / propaganda) military spending than all the
nations of the world combined, and by a large margin at that. Do you see a
pattern emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… The following youtube video is well worth the
look and explains how and why the frauds on wall street have gotten away with
their devastating fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ex-Justice
official quit over the handling of a voter intimidation case against the New
Black Panther Party accused his former employer of instructing attorneys in the
civil rights division to ignore cases that involve black defendants and white
victims US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama broke promises ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored ‘The Obama Deception’ has
been censored In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
For
the Same Reason I’ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
]
Iran's
Khamenei says uprisings represent 'defeat' for U.S.
(Washington Post) [ No matter how you slice it, dice it, or euphemise about
it, these are indeed substantial, irrevocable losses for the u.s.; but
importantly, of america’s own making; self-defeat if you will, compounded by a
slew of bad choices. Sadly, Ayatollah Ali Khamenei is quite correct when
he states: "The
Israelis and the U.S. are more concerned about what would happen to their
interests in a post-Mubarak regime." … and further, ‘He also accused the
United States of propping up corrupt leaders in the region to protect its
interests and those of its ally israel.’
Unfortunately, as has become crystal clear from america’s perpetual war in the
region, the people have invariably figured last in america/israel’s unbalanced
equations. ]
Mixed
signals about health of labor market (Washington Post) [ Signals? In universal speak, flatline still
means ‘dead, deceased, etc.’. I think we should go with a gallup: Gallup
Finds U.S. Unemployment Up Slightly in January to 9.9% Unemployment, as
measured by Gallup without seasonal adjustment, increased to 9.9% at the end of
January — up from 9.6% at the end of December, but down from 10.9% a year
ago. Drudgereport: GALLUP: Unemployment actually
at 9.9%...
'Under-employment'
at 19.2%...
Labor Force Participation
Plunges To Fresh 26 Year Low...
] Drop in jobless rate from 9.4 percent to 9 percent offers little comfort because a separate survey of employers shows that job growth was anemic in January, with employers adding only 36,000 jobs.
Milbank: Rumsfeld
offers no apology on Iraq (Washington Post) [ Well, journalistically
speaking, you know Mr. Milbank’s hit the bottom of the barrel when he leads his
article with a quote seemingly as a purported standard from war criminal dumbya
bush who probably didn’t even understand the words he was regurgitating (see ,
ie., bushisms from bush the brain-damaged moron http://albertpeia.com/bushisms.htm
- sadly, wobama probably understands the words but forgets his prior words
contradicting same, campaign promises particularly, and hence, failed presidents
both). Who cares about what would be meaningless apologies from these
incompetent psychopaths.
(2-3-11) Rumsfeld
Finally Confesses He Was Wrong About WMD In New Autobiography [ Nice to know … a nation’s bankruptcy
(america) and another nation’s destruction (Iraq) later. ] Former Defence
Secretary Donald Rumsfeld has finally confessed he was wrong to claim America
knew where Saddam Hussein had stockpiled weapons of mass destruction in the
first days after the Iraq invasion.
Previous: Words are cheap, in america particularly … I don’t believe
anything they say and then, as I said, words are cheap. ANALYSIS
| Palin's 'blood libel' comment backfires Washington Post) [ God knows I’m no fan of sarah palin’s
although I am constrained to admit that as a fan of Saturday Night Live, I do
appreciate her contribution to comedic content in the show. That said, this new ‘tempest in a teapot’ of
her own making is a bit overdone. After all, it should be common knowledge by
now, to put it mildly, that she is quite dumb; and, like that burnt out, dumb,
war criminal and moron, dumbya bush (see , ie., bushisms from bush the
brain-damaged moron http://albertpeia.com/bushisms.htm),
she also has trouble with words; more specifically, the meanings of words. But
it is also true that wobama and his ilk have trouble with words and their
meaning, particularly when those spoken words are measured against what he
does, his ilk never seeming to discern the glaring difference … wobama the ‘b’
for b*** s***. Lamentably (by her) and unexpectedly for palin was her failure
to fully understand ‘that jewish thing’ attached to the phrase and the tender
sensibilities of those who previously have been among the ranks of what seems
more and more to be a somewhat offbeat fanclub of sorts. Yeah, that ‘never here
the end of it’ jewish stereotype of paranoid sensibilities to religious /
ethnic prejudice / slur behind some word, phrase, or even a sneeze (spielberg’s
childhood memories) can wind up turning around and biting you’re a** !
Previously: Krauthammer: Beyond
Ariz., a reckless charge
(Washington Post) [ If it were only that simple; viz., a palin ( I’ve
previously said I’m more concerned with her level of stupidity, dumb enough in
an infantile way to prove she had gonads by pressing the button – never goin’
to happen, her being in that position), a beck, a bush, a wobama (Drudgereport:
OBAMA FLASHBACK: 'If They
Bring a Knife to the Fight, We Bring a Gun'... ), etc., there’d be hope for pervasively corrupt
defacto bankrupt america. The fact is, the problem is inherent to america /
americans themselves as I previously wrote here and reiterate: Will: Half-baked
explanations for tragedy (Washington Post) [ Half-baked? Charlatans? The
foregoing are in no short supply in defacto bankrupt, meaningfully lawless,
pervasively corrupt, fraud prevalent america. See, for example, RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm . Moreover, Mr. Will as an oftimes
apologist for war criminal, pervasively fraud-prone, defacto bankrupt, etc., america,
with crime rates exceeding by far those of any other so-called civilized
nations, might indeed find himself among those he’s so categorized. Among the
last separate page sections to my website will be a somewhat detailed
psychoanalytic evolutionary profile of the u.s. (one might ask who am I to do
so which is fair comment to which I would reply, read it, or not, your choice).
However, for the nonce, let me say that the it is no small coincidence that the
20th century has been dubbed ‘the american century’. That the 20th
century has been considered the bloodiest is at once the natural concomitant of
the foregoing reality. Keeping in mind the so-called ‘selective’ processes in
both insurance (adverse) and evolutionary (Darwinian) terms, and as well, the
psychology of it all from a behavioral perspective, america has indeed evolved.
From the genocide of indigenous populations, to outlandish propaganda in
support of same (ie., that ‘manifest destiny’ balderdash with overtones of
religiosity spoonfed since elementary school, etc.), to contrived conflict /
war, such, euphemistically bad behavior has been reinforced, some of which
conditioning not always purposeful, ie., the ever greater frauds perpetrated on
wall street for which there have been in large part no real punitive
consequences to the perpetrators; but, to the contrary, great financial rewards
though substantially detrimental to the majority. Despite the surface appeal,
that oft asserted ‘blue-blood’ distinction doesn’t pass muster. Aside from the
few seeking seeking religious freedom (ie., Puritans among some others), most
then new americans were such disaffected rejects of their former homelands that
desperation at best was motivation for travel to the wilds of the ‘so-called
new world’ as opposed to intelligent, rational choice; criminals, mentally ill,
the not-so-bright but ruthless populating the new nation in disparate numbers
toward the ends consistent with greed and common criminality, corruption, and
venality. As of the age of the dinosaurs, the american century has passed into
the annals of a history replete with self-generating terrorism within and
without (that blowback thing). DRUDGEREPORT:
NATION SHOCKED: CONGRESSWOMAN
SHOT IN TUCSON ]
White House mulls Egypt options as protests persist Pro-democracy demonstrators stage 'Day of Departure' rallies (Washington Post) [ It truly is difficult to even imagine such a scenario as ‘a transition process that would allow Mubarak to remain as a figure head until new elections’, though the same probably comports with america’s own pervasively corrupt style of politics as usual (wobama a glaring current example of actions belying words, war criminal dumbya bush, et als) which has spelled intractable decline for america domestically and internationally (probably also comports with israel’s aims at the expense and to the detriment of Egypt and Egypt’s citizens – also gives the cia time to do their deals which could be whatever nefarious money-making / power brokering scheme comes to mind). In corrupt, defacto bankrupt america, facades count more than reality. Egyptian protesters plan new push Government detains foreigners, says it's willing to open talks (Washington Post) [ Open talks? ‘bout what? Building a pyramid in mubarak’s honor before stepping down? He’s done … finito … burnt as an over-micro-waved burrito! The following from the Post is indeed the straw that broke the riders with whips he sent on camels’ and horses’ backs! ‘Wants to die in Egypt? How touching, or the reality, he’s just plain touched as in totally ‘out of it’. ‘…In what the U.S. State Department called a "concerted campaign to intimidate," several dozen journalists were rounded up by security forces and detained for hours, along with foreigners working as teachers, engineers and human rights researchers. Across the city, angry bands of supporters of President Hosni Mubarak also beat journalists; several reporters said that they were threatened with death…’ ] Cairo seeks to shift blame for clashes by rounding up journalists; U.S. worries renewed protests could spark more violence from Mubarak supporters.
Ignored but
Important - What Omitted Jobs Data means for Stocks [ What it means is that when there are no
jobs, and everyone has stopped looking, there will be full employment which of
course, is rally time for stocks … riiiiight! ] Maierhofer, see entire article
infra: ‘…The headline unemployment rate (U-3) reported by the BLS fell to 9%,
the lowest level since April 2009. How can the unemployment rate drop 0.4% if
only 36,000 jobs were added? (Much worse than the 140,000 expected – stocks
still rallied) 36,000 aren't even enough to provide jobs for a quarter of graduates…’
Riiiiight! … that fudge factor/fraud; viz., discouraged / stopped looking …
What total b*** s***! How desperate they are! Previous: Initial
Claims Drop More Than Expected [ Come on! Who believes anything they say
and at what cost with money not really there in pervasively corrupt, defacto
bankrupt america, with manipulated programmed suckers’ rally into the close.
…‘In the U.S. market, Slothower concludes: “This is a hard one to gauge, given
the QE2 manipulations verses skyrocketing food and energy prices, which have
now reached prices levels that have choked off growth in the past and caused
recessions, as we saw in 2008 when oil prices hit $100 a barrel (in March of
that year).” “It is like walking in a mine field. You move very carefully now
with your eyes wide open and on every move, knowing that any day something out
of the blue could blow thing up, given these extreme risks.” But he’s now only
70% in cash. The balance is split equally between: iPath Dow Jones-AIG Grains
Total Return Sub-Index …’ Minyanville's
T3 Weekly Recap: Growing Disconnect Between Market and Economy/World ‘Bernanke said in his comments yesterday
that he is responsible for higher stock prices, but not necessarily for
sky-rocketing global food prices. Well, you can't have it both ways, Ben. By
propping up asset prices when economic data doesn't match the ferocity of the
stock market rally, the Fed is potentially creating another bubble of sorts.Just
look at today's non-farm payrolls number: There was a gain of only 36,000 jobs
when 140,000 were expected. Also, unemployment fell to 9.0% -- a positive sign
for the layman, but an ominous sign for the more keen eye. Nine-hundred
thousand discouraged job-hunters left the labor force this month, after 500,000
left in the previous month. It's hard to see optimism in the stock market
continue unabated while so many Americans remain jobless…’ ‘Kung Hei Fat Choy!: Dave's Daily …Speaking of the man with printers ink stains
up to his neck, Bernanke spoke Thursday to the Press Club stating, among other
things, "inflation remains quite low". He continued saying,
"Since August, when we announced our policy of reinvesting maturing
securities and signaled we were considering more purchases, equity prices have
risen significantly...") I believe that sums things up from an investing view. Silly
people like me are standing by watching those that can like GS and JPM take
this easy money and route it directly to the S&P futures pits, among other
similar places, taking on risk the Fed expects. Oh, and speaking of JPM, the
Madoff Trustees have sued the bank for complicity in helping steer client funds
to Madoff despite complaints from within that his results were "too good
to be true"…’ Monthly
Market Valuation: Investors Are Too Bullish, Valuations Are Too High The conclusion of the following detailed,
documented analysis: ‘Wolinsky :In conclusion, the market is over-valued based
on the above data. Tobin's Q, Shiller P/E and AAII data are all indicating that
investors are too bullish and valuations are too high.’ ]
, On
Friday February 4, 2011, ‘The monthly employment report has become one
of the most anticipated and talked about, but least analyzed ritual on Wall
Street.As far as the media is concerned, the Bureau of Labor Statistics (BLS)
might as well just publish the headline number, because that's about the only
thing anyone talks about.Not only does the core message of the 40+ page report
go largely un-deciphered, the correlation between the employment reports is
also somewhat deceptive.This article will extract some uncommonly reported
information and point towards what is likely to move the marketThe only other
Wall Street ritual that tops monthly unemployment reports is earnings season.
Like any other ritual, it comes with many myths and fables attached. The most
common one is that unemployment directly affects stock prices.
THE
HEADLINE NUMBER ... WAIT, THERE IS MORE
The headline
unemployment rate (U-3) reported by the BLS fell to 9%, the lowest level since
April 2009. How can the unemployment rate drop 0.4% if only 36,000 jobs were
added? 36,000 aren't even enough to provide jobs for a quarter of
graduates.According to BLS data, the number of unemployed workers (not
seasonally adjusted) rose from 14.83 million to 14.94 million. The work force
shrunk from 153.89 million to 152.54 million. The workforce didn't actually
decline, but statistically more workers are considered discouraged and are no
longer considered unemployed.One of the most remarkable BLS data points on the
BLS site is the average number of weeks workers are now unemployed. The jobless
are unemployed for an average of 36.9 weeks, an all-time high (see chart
below).[chart]
House
Republicans propose $32B in budget cuts (Washington Post) [ Well, there you
go … all over but the shoutin’ … $14+ trillion debt problem solved … riiiiight!
… Timid
Tuesday: Is it Safe? Davis
‘… This is how we pay off our current debts and I think bondholders are
simply happy to get anything out of a country that admits it owes $15Tn (1/4 of
global GDP) but probably owes closer to $60Tn (entire global GDP) in the form
of unfunded liabilities. The funniest thing about this (and you have to laugh)
is to see Conservative pundits get on TV and talk about how we need to cut
$100Bn worth of discretionary spending to "fix" this (while
continuing to spend $1Tn on the military and $1Tn on tax cuts for the top 1%
each year). There is no fixing this and even a Republican said you can’t fool
all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT
THERE! ‘] The figure represents
an unprecedented rollback that would force some agencies to cut spending by as
much as 20 percent, analysts say.
]
Home
buyers may get less government support (Washington Post) [ Uut, oh! Less
help from the pervasively corrupt, defacto bankrupt government? Well, on the
bright side, a percentage of near zero is still near zero … I guess that
non-wall street addresses just don’t rate!
] Administration officials are
looking at scaling back the aid provided during the mortgage crisis to help the
ailing real estate market. The move could make home loans in high-priced areas
such as the Washington region more expensive.
Fed
dismisses inflation concerns (Washington Post) [ If you’re not used to Dave of Dave’s Daily, see infra, ‘he talks
with tongue in cheek’; meaning, inflation’s here, including the inflated stock
bubble that the frauds on wall street commission and sell into, just as
bernanke planned and admitted, with hyperinflation around the corner, and the
typical ‘bust’. Initial
Claims Drop More Than Expected [ Come on! Who believes anything they say
and at what cost with money not really there in pervasively corrupt, defacto
bankrupt america, with manipulated programmed suckers’ rally into the close.
…‘In the U.S. market, Slothower concludes: “This is a hard one to gauge, given
the QE2 manipulations verses skyrocketing food and energy prices, which have
now reached prices levels that have choked off growth in the past and caused
recessions, as we saw in 2008 when oil prices hit $100 a barrel (in March of
that year).” “It is like walking in a mine field. You move very carefully now
with your eyes wide open and on every move, knowing that any day something out
of the blue could blow thing up, given these extreme risks.” But he’s now only
70% in cash. The balance is split equally between: iPath Dow Jones-AIG Grains
Total Return Sub-Index …’ ‘Kung Hei Fat Choy!: Dave's Daily …Speaking of the man with printers ink stains
up to his neck, Bernanke spoke Thursday to the Press Club stating, among other
things, "inflation remains quite low". He continued saying,
"Since August, when we announced our policy of reinvesting maturing
securities and signaled we were considering more purchases, equity prices have
risen significantly...") I believe that sums things up from an investing view. Silly
people like me are standing by watching those that can like GS and JPM take
this easy money and route it directly to the S&P futures pits, among other
similar places, taking on risk the Fed expects. Oh, and speaking of JPM, the
Madoff Trustees have sued the bank for complicity in helping steer client funds
to Madoff despite complaints from within that his results were "too good
to be true"…’ Monthly
Market Valuation: Investors Are Too Bullish, Valuations Are Too High The conclusion of the following detailed,
documented analysis: ‘Wolinsky :In conclusion, the market is over-valued based
on the above data. Tobin's Q, Shiller P/E and AAII data are all indicating that
investors are too bullish and valuations are too high.’ ]
]
Bernanke gives a mixed assessment of the nation's economic
prospects.
Kung Hei Fat Choy!: Dave's Daily ‘ The above tribute to the "metal rabbit" was not the cheer
from Tahrir Square Thursday. But, U.S. investors are ignoring that in favor of
making money with some dip buying abetted by focusing on good news (retail
results) and ignoring any negative news from Egypt or even MRK's results. The
Fed tossed in another round of POMO
to the tune of nearly $9 billion which encouraged buying from trading desks.
Speaking of the man with printers ink stains up to his neck, Bernanke spoke
Thursday to the Press Club stating, among other things, "inflation remains
quite low". He continued saying, "Since August, when we announced our
policy of reinvesting maturing securities and signaled we were considering more
purchases, equity prices have risen significantly...") I believe that sums
things up from an investing view. Silly
people like me are standing by watching those that can like GS and JPM take
this easy money and route it directly to the S&P futures pits, among other
similar places, taking on risk the Fed expects. Oh, and speaking of JPM, the
Madoff Trustees have sued the bank for complicity in helping steer client funds
to Madoff despite complaints from within that his results were "too good
to be true". Again dip buying was dominant with an "Egypt be
damned" attitude although it looked like some bought gold perhaps as
insurance. Rumors of bank runs throughout North Africa are present. Volume was
just average with most coming early and late. Breadth per the WSJ was mixed to
positive. (You'll note the Nasdaq share volume data means investors buying the
bigger names.) … ‘ See also re: bernanke’s folly-If You're Going to Do Economics, Don't Do Macro [ Truth be told, I find Mr. Falkenstein’s
article a bit too subtle and somewhat shy about getting to the point, but have
included same here solely for the reprint of William Buckley’s famous quote
which comports with my own view of the ivy league vegetable gardens which turn
out as you would expect, vegetables; viz., ‘he would prefer the first
100 names in the Boston phonebook to the Harvard faculty‘. The reality is
that ‘harvard professor’, ‘no-recession bernanke’ has given an obfuscating,
ephemeral feel good but lucrative to the few gift to the frauds on wall street
with ultimately devastatingly great cost / pain to come. ]
Egyptian
capital teeters on anarchy Mubarak
asks cabinet to resign as anti-regime protests intensify
(Washington Post) [ Mubarak should have been looking in the mirror as he asked
his cabinet to resign … 30 years is a long time, and coincidentally, time for
him to go. In
Egypt: Access denied (Washington Post) [The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does
anyone think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP)
Internet cutoff fails to silence Egypt protests (AP)
- AP - In its effort to silence protesters, Egypt took a step that's rare
even among authoritarian governments: It cut off the Internet across the entire
country. Mubarak fires Cabinet, defends army’s efforts Sat, 29 Jan 2011
00:20:58 GMT Egyptian President Hosni Mubarak dismisses his Cabinet,
calls on the army to help put down rising potests... Egypt's
Mubarak sends in army, resists demands to quit (Reuters)
- 1 hour agoReuters - Egyptian President Hosni Mubarak refused
on Saturday to bow to demands that he resign after ordering troops and tanks into
cities in an attempt to quell an explosion of street protests
again... ]
Embattled leader's move falls far short of demands that he give up his 30-year
authoritarian rule, leave the country and permit fresh elections.
Israel
watches Arab turmoil closely, but comments cautiously Washington
Post) [ Illegal nuke-totin’ war crimes nation israel, watch this closely since
the same was a long time coming … GOP senator favors cutting US aid to Israel (AP) (
Now this is a great and long overdue idea that might also lead to enhanced
peace efforts for the region; b e c a u s e , israel will have less money to
waste on provocative and costly (particularly to america financially and
geopolitically) war games. ) AP - Tea party-backed Republican Sen. Rand Paul
favors cutting U.S. aid to Israel as part of a deficit-driven effort to slash
government spending by $500 billion this year, drawing criticism from Dems (and
capital hill generally as Buchanan once described as israeli occupied
territory, to america’s detriment) ... Rand Paul: End Aid to
Israel Pressed on CNN’s Situation Room about details on his budget cut
plans, Sen. Rand Paul (R-Ky.) says end all foreign aid–and when pressed further
says that includes to Israel. ]
Economic growth strengthened (Washington Post) [ Wow! Mr. Irwin’s back to his glass very much half full ways. The question is, is Mr. Irwin trying to convince himself, or disingenuously trying to convince his readers. After all, in reality, they’re really hasn’t been sufficient ‘bang for the buck’ (Fed Continues Failed Monetary Policy Suttmeier, chief market strategist at ValuEngine.com
‘Fed Is Continuing a Failed Monetary Policy (And,
amazingly, their rationale is the same failed rationale that preceded the last
bubble, as now, crash, as will, that was spun by senile greenspan that wall
street frauds / insiders sold into; you know, that so called wealth effect
which in reality is theirs not yours; viz., their gain, your pain.)
- Information received since the Federal Open Market Committee met in December confirms that the economic recovery is continuing, though at a rate that has been insufficient to bring about a significant improvement in labor market conditions.
- Growth in household spending picked up late last year, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit.
- Business spending on equipment and software is rising, while investment in nonresidential structures is still weak.
Employers remain
reluctant to add to payrolls. The housing sector continues to be depressed.
Although commodity prices have risen, longer-term inflation expectations have
remained stable, and measures of underlying inflation have been trending
downward. )
Moreover, and most importantly, those are more than just in short supply;
they’re not really there! ( Economist:
United States Worse Off than Greece Dr. Laurence Kotlikoff is an economics
professor at Boston University. He says the Treasury and the government are
fudging the national debt numbers. Kotlikoff says the United States is bankrupt
and we don’t even know it. BRACE
YOURSELF: Moody’s Basically Just Threatened To Downgrade The US A day after
S&P downgraded Japan’s debt, the attention turns to the US.
)] Data show that the recovery is becoming deeper and broader.
U.S. stocks drop sharply as protests intensify in Egypt (Washington Post) [Egypt riots knock Wall St to biggest drop in 6 months (Reuters) – [ No! That’s not correct! They probably would like you to think that … some unforeseeable problem from out of nowhere deflating their contrived fraudulent bubble that they always manage to sell into. But the fact is the market’s overvalued to a point again beyond the pale … another inflated point that the wall street frauds always seem to find some reason other than the reality of a fraudulently manipulated overvalued bubble to sell into. ] Reuters - Stocks suffered their biggest one-day loss in nearly six months on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil. ] U.S. stocks decline as violent clashes in Egypt inject a jolt of anxiety into global financial markets
In
Egypt: Access denied (Washington Post) [The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does
anyone think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP)
Internet cutoff fails to silence Egypt protests (AP)
- AP - In its effort to silence protesters, Egypt took a step that's rare
even among authoritarian governments: It cut off the Internet across the entire
country. Mubarak fires Cabinet, defends army’s efforts Sat, 29 Jan 2011
00:20:58 GMT Egyptian President Hosni Mubarak dismisses his Cabinet,
calls on the army to help put down rising potests... Egypt's
Mubarak sends in army, resists demands to quit (Reuters)
- 1 hour agoReuters - Egyptian President Hosni Mubarak refused
on Saturday to bow to demands that he resign after ordering troops and tanks
into cities in an attempt to quell an explosion of street protests
again... ]
Unrest in Egypt has been ongoing all week, but the Internet only seemed to take notice when it affected the Internet. The chilling aspect of an Internet clampdown is the assumption that lies behind it: If you will not let your people tweet, what else will you not let them do?
Regulators
shut banks (11 so far in 2011) in Colo,
NM, Okla, Wis
The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does
anyone think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP) Internet cutoff fails to silence Egypt protests (AP) - AP - In its effort to silence protesters,
Egypt took a step that's rare even among authoritarian governments: It cut off
the Internet across the entire country.
Mubarak fires Cabinet, defends army’s efforts Sat, 29 Jan 2011
00:20:58 GMT Egyptian President Hosni Mubarak dismisses his Cabinet,
calls on the army to help put down rising potests... Egypt's Mubarak sends in army, resists demands to quit (Reuters) - 1 hour agoReuters - Egyptian President
Hosni Mubarak refused on Saturday to bow to demands that he resign after
ordering troops and tanks into cities in an attempt to quell an explosion of
street protests again...
Egypt
riots knock Wall St to biggest drop in 6 months (Reuters) – [ No! That’s not correct! They probably would
like you to think that … some unforeseeable problem from out of nowhere
deflating their contrived fraudulent bubble that they always manage to sell
into. But the fact is the market’s overvalued to a point again beyond the pale
… another inflated point that the wall street frauds always seem to find some
reason other than the reality of a fraudulently manipulated overvalued bubble
to sell into. ] Reuters - Stocks suffered their biggest one-day loss in nearly
six months on Friday as anti-government rioting in Egypt prompted investors to
flee to less risky assets to ride out the turmoil.
GOP senator favors cutting US aid to Israel (AP) [ Now this
is a great and long overdue idea that might also lead to enhanced peace efforts
for the region; b e c a u s e , israel will have less money to waste on
provocative and costly (particularly to america financially and geopolitically)
war games. ] AP - Tea party-backed
Republican Sen. Rand Paul favors cutting U.S. aid to Israel as part of a
deficit-driven effort to slash government spending by $500 billion this year, drawing
criticism from Dems (and capital hill generally as Buchanan once described as
israeli occupied territory, to america’s detriment) ... Rand Paul: End Aid to
Israel Pressed on CNN’s Situation Room about details on his budget cut
plans, Sen. Rand Paul (R-Ky.) says end all foreign aid–and when pressed further
says that includes to Israel.
Paulson's
$5 billion payout shocks, raises questions (Reuters) [ Shock? Come on …
everyone knows that crime in america pays … and pays well! ]
NY
mob task force spends 6 MONTHS probing 50-cent sausage heist... As with cuomo, you won’t see new york / mob infested
new jersey trying too hard if at all to hurt themselves by prosecuting mob
which is so integrally a part of both states… ‘On the mobbed-up docks of Bayonne, the
six-month probe was known as Operation Missing Link.Its target: A suspect who
swiped a $2 bottle of iced tea and used it to wash down a stolen 50-cent piece
of sausage - the lost link that left a bad taste in everybody's mouth, sources
told the Daily News.An investigation of the penny-ante heist was ordered by the
Waterfront Commission, the agency charged with policing the docks for mob
corruption, drug smuggling and other major crimes, the sources said.The
investigation included scores of interviews over countless hours dating to last
August, sources said - even though the victim was reluctant to press
charges."It's like Capt. Queeg and the strawberries," said New
Jersey state Sen. Raymond Lesniak, a harsh critic of the bistate commission."It's
a $2.50 ongoing investigation."One of the sources was more blunt:
"The whole investigation is bull----. It's a waste of manpower, money and
resources."Waterfront Commission General Counsel Phoebe Soriel, while
declining to address specifics, said the case was more complex than it
appeared."While the commission does not comment on pending investigations,
it takes any theft in the port seriously - especially theft involving
extortion," she said without going into detail.The reported value of the
stolen goods - a handful of change - is a microfraction of the $200 billion
that moves annually through the ports of New York
and New Jersey.The overkill began when the commission received an anonymous tip
that someone filched the drink and the sausage from a food truck catering to
dock workers.According to two sources, the case was quickly wrapped up: The
thief confessed to the crime, and the victim said an arrest was unnecessary.The
victim "didn't want to see him behind bars...just wanted him to
stop," one source said.But top commission officials, convinced its
investigators mishandled the case, ordered a second probe with every possible
witness reinterviewed, the sources said.Investigators from the 58-year-old
agency returned to the docks and conducted about 80 second interviews, all the
while cranking out piles of paperwork, the sources said.The commission was
blasted in August 2009 - one year before the sausage investigation was launched
- as home to corrupt execs barely better than the waterfront's notorious
mobsters.Officials were accused in a damning 60-page report of misusing
Homeland Security money, keeping a convicted crook in business and surfing the
Internet for porn.The iced-tea-and-sausage probe - which has yet to wrap up -
is considered an embarrassment among investigators and dock workers."They
snicker about it," one of the sources said.’
The FBI’s the only
serious anti-mob game in town: FBI
'largest' Mafia takedown...
Flowchart...
'Vinny
Carwash', 'The Fang', 'Tony Bagels', 'Johnny Pizza', 'Baby Shacks', 'Jack the
Wack', 'Junior Lollipops', 'Bobby Glasses'...
The Mafia
family tree: FBI flowchart reveals
127 'mobsters' arrested in biggest ever blitz on New York's crime empires [ This is a very big deal! http://albertpeia.com/mafiafamilytreeflowchartFBIarrests.htm ]
Car bomb kills dozens (Washington Post) [ Ah, yes! Signs of american style democratization in the middle east popping out all over. The other turmoil is testament to the fact that other mideast nations have complacently sat back as zionist israel / american ‘adventurism / war / war crimes / war profiteering have taken their toll on the region, their people, and their aspirations which like all such action outside a vacuum, have reactions. ] At least 48 were killed and 121 wounded when a booby-trapped car exploded outside a funeral tent in a Shiite neighborhood of northern Baghdad, escalating an upsurge of violence across the country.
New
research points to earlier human migration out of Africa (Washington
Post) [ This is hardly breakthrough
news inasmuch as the same has been reported with authority in as far back as
2005 4th edition Michael Alan Park text; viz., ‘…fossils (of) the
first fully modern Homo Sapiens are found in Africa and Southwest Asia
beginning around 160,000 years ago.’ Truth be told, I find such fine lines in
this truly sad tale of the history of man to be relatively unimportant.
Interestingly, coincidentally, the Drudgereport this day includes this
headline: DNA: Humans 97% same as
orangutans … 98% same as chimps ... ] For decades, the consensus scientific opinion has
held that anatomically modern humans first migrated out of Africa some 60,000
years ago, heading north into the eastern Mediterranean region and then on to
Europe and Asia.
Anthropologists adopt a more favorable view
of Neanderthals (Washington Post) [ Well, I’m a bit
surprised and somewhat disappointed that with a little more effort, rather than
rely upon inference, they could have taken a trip to the new york / new jersey
/ connecticut metropolitan area (etc.) and observed directly these lower
italian modern-day archaic humans! Then there are the other modern day archaics
/ ape-like creatures that warrant greater scrutiny. ]
"What
this means is that Neanderthals are not totally extinct. In some of us, they
live on," Paabo … With regard to that extinction thing, I’d say
they’re still working on it (ultimately, decades, extinction, the distinction,
without a difference). Actually, prior to studying the compelling subject
of Biological Anthropology (Michael Park text), I too had some misconceptions
about the group known as Neandertals (recent spelling drops the ‘h’) and
actually mis-referenced same by the stereotypical image of members of said
clade even as the debate continues as to whether they are within the species
homo sapiens or a separate species. I believe these to be distinctions without
important differences, so humble the origins and evolution of man truly are.
Parenthetically, I wonder what that anthropological scientist Heidi Klum thinks
on the subject.
Neanderthals, Humans Interbred, DNA Proves
Signs of Neanderthals Mating With Humans -
Neanderthals mated with some modern humans
after all and left their imprint in the human genome. Genome
hints humans, Neanderthals rolled in prehistoric hay
You're a Neanderthal: Genes say yes — a little bit (AP) Neanderthals
and people interbred, fossil analysis finds For more info on man’s
humble beginnings, see
here
http://www.albertpeia.com/anthroindex1.htm [ I’m adding
this here, having seen while flipping channels an anthropologist talking up
somewhat speciously the brain size of Neanderthals. The important but missed
point here was potential ‘brain-power’ unrealized. Think of it this way: In the
life-threateningly cold climes they inhabited, pre-occupation with warmth,
fire, wood for fire, food, mere survival usurped all their waking moments. Have
you ever tried to study, learn, think clearly (and new thoughts / neurogenesis
thereby) under such harsh and perilous conditions; successfully? Neither could
they. ]
Previously
I wrote:
FOUND: MISSING LINK BETWEEN APES AND MAN....
These stories, and the many like it, are old news and I subscribe to the more
studied view that there is no “missing link” per se and in my view they are
distinctions without significant differences. I previously wrote:
To
Learn More About From Whence Man Came, This Link's For You
[To the
Professor at the beginning of the course]
10-5-09
Postscript: Professor *****,
I felt compelled to thank you again for the add; not to curry your favor but
indeed to express profound thanks inasmuch as this is probably the last formal
course at a formal educational institution I'll ever take; and among the most
important. While I had bought at discount a library-discarded 1993 Anthropology
by Embers text, though meaning to read same never quite got to it. I am
astounded by the substantial amount of time involved in the evolutionary
process, not that I ever stopped to think about it, and one must come away with
the sense of 'and all that...for this?'. This course should be required
curriculum along with psychology, sociology, etc., but probably won't be owing
to what is, as it should be, a very humbling educational experience for any
member of the human race.
Regards,
Al Peia
[Interestingly, my intuitive (but unstudied) thoughts prior to
closer examination of the compelling subject of Biological Anthropology remain
what I believe to be the correct scenario. Specifically, very simply stated,
for the most part, the more “enlightened” (but not by much; by mutation,
accident, luck, intervention, etc.) left the unvarying confines of their
Sub-Saharan origins, experienced diverse new environs, challenges, etc.,
experienced what has been described (by neuroscientists, psychologists, etc.)
as neurogenesis in varying degrees and forms thereby over time, which trait was
selected for and is consistent with the purported multi-regional evolutionary
model which does not overtly contradict ultimately, initial African origins.
Races, sub-species, missing links, etc., are subsumed in this very humbling and
sorrowful tale of the “dawn of man”.]
U.S.
must cut deficit, IMF warns (Washington Post) [ Duuuuuh! Ya’ think? CBO:
This year's budget deficit to hit $1.5T
Washington Post (Why
the CBO may not believe all its own deficit projections Christian
Science Monitor CBO:
Social Security to run permanent deficits (AP) No
stemming red ink: Federal deficit to hit $1.5T (AP) Deficit Outlook Darkens Wall Street Journal -
WASHINGTON—The federal budget deficit will reach a record of nearly $1.5 trillion
in 2011 due to the weak economy, higher spending and fresh tax cuts,
congressional budget analysts said, ... Social Security now seen to run permanent deficits The Associated Press ) The nonpartisan budget agency
predicts the deficit will drop to $1.1 trillion next year. ]
The IMF warning comes as federal officials grapple with a congressional
projection this week that the annual deficit will reach a historic $1.5
trillion this year. This is the latest report to raise concerns about how
massive government debts in developed countries could undermine the global
economic recovery.
Report
points to U.S. regulators and big banks for economic crisis (Washington
Post) [ Come on! Wake up! … ‘failed to restrict their risky activities’ ,
‘pivotal failure to stem the flow of toxic mortgages’, etc.,… Of course not!
Why? Because this was intentional and an integral part (the bubble) of the
largest fraud in the history of this world (still ongoing with those toxic
assets / paper / securities now marked to anything as per legislated FASB rule
change, cashed out by the perps, and as yet, despite promises by wobama et als,
still unprosecuted). Though among the greediest but hardly the brightest bulbs
on the planet, the wall street frauds certainly were savy enough to understand
all aspects and mechanics of this fraud in real time. Quite simply, they did it
for the money, big money. This was a huge orchestrated securities fraud that
made huge profits / gains for the perpetrators at great expense / damage to this
among other nations. ]
Krauthammer:
The
old Obama in new clothing (Washington Post) [ The truly sad thing is that
journalists / commentators as Mr. Krauthammer even waste their time pointing
out the obvious; viz., that wobama is an egregiously flawed man, failed
president, and a global embarrassment. Previous: Obama,
unbending Gerson: The
president's tone has changed, but he has not.
(Washington Post) [ Come on! How can anyone discuss ‘wobama the b’ (for
b*** s***) as a serious ideologue when the reality is that he’s just utter and
total b*** s*** … by what he does, not what he says … he stands for nothing!
Previous: Grading
the SOTU / Robinson (Washington Post) [ I say this sincerely and without
even a tinge of sarcasm that anyone who even watched / listened to wobama’s
‘speech’ should be embarrassed / ashamed of themselves (not that I listened to
dumbya bush’s either). The grade is ‘f’ as in failure as is his failed
presidency, as in ‘f’ himself. Wobama is but a pathetic b*** s*** artist and a
total embarrassment! Previous: Gerson: Obama,
more deficit hawk than GOP? (Washington Post) [ Come on! Where do they get
this stuff? Wobama not only continued war criminal dumbya bush’s perpetual war,
fraudulent wall street protectorate, etc., free-spending ways, but added to the
deficit in his own profligate ways; and, as I’ve said before, democrats /
republicans are but distinctions without significant differences. Moreover,
there’s the literal rearrangement of the congressional deck-chair seating in
the u.s.s. titanic halls for the non-event state of the union (wobama the ‘b’
for b*** s***, more empty words belied by actions / non-action) … Previous:
Topic A: What
should be in State of the Union? (Washington Post) [ Well, at the very
least, it should be noted that the states of the union are crumbling (see
bankruptcy headlines infra), ergo, the state of the union is crumbling and
precarious indeed. The problem with and for wobama is that he’s been there,
done that, and his words don’t match his actions, as is so regarding his not
easily forgotten campaign promises (from perpetual wars, to no pros the frauds
on wall street, to new ‘bubble building’ as in last precursor to crash
supplanting sound economics. Blame it on the teleprompter … sounds like a plan!
All we really know for certain is what definitely will not be in the state of
the union; viz., a solution to pervasively corrupt, defacto bankrupt america’s
intractable decline. ] ]
DNA:
Humans 97% same as orangutans … 98% same as chimps ...
HE'S BACK: Rahm ruled eligible for mayoral run... [ No
surprise here … lots of juice / cash to go around … Hollywood,
Jobs, Trump help Rahm haul in $10.6M … [ No
surprise here, mobster trump (how was trump missed in the recent big mafia bust
since he too is a corrupt bribe paying/receiving, drug money laundering among
other crimes, mobster), hollywood
flakes like magic mushroom eater sorkin, LSD aficionado jobs (I now realize
what that premium priced disfunctional though fanciful pizzazz of apple products that I would refuse
to pay extra for stems from-jobs says he owes it all to his LSD use-don’t
forget, apple’s protected source code, kernel, and consequent stability existed
pre-jobs and I believe, particularly after actually using an iphone, that the
same is a way to extract money from an ever increasingly dumbed down / dumb
(and I think at the least, eccentric if not obsessively pathological if you
witnessed the near compulsive use of these extraneous-rich, in a trivially
frivolous way, devices) american public by pandering to their desire for
superfluous functionality which requires additional purchases through apple-I
do give them credit for the more elaborate interface / touchscreen and the
ipad, all of which is currently being duplicated ex-apple and presenting greater
values/utility/functionality for the money-so also credit for pioneering),
zionists including spielberg, etc.; no small wonder that chicago and the nation
are down the tubes. ] ... ]
CBO:
This year's budget deficit to hit $1.5T
(Washington Post) [Why
the CBO may not believe all its own deficit projections Christian
Science Monitor CBO:
Social Security to run permanent deficits (AP)
No
stemming red ink: Federal deficit to hit $1.5T (AP)
Deficit Outlook Darkens Wall Street Journal -
WASHINGTON—The federal budget deficit will reach a record of nearly $1.5
trillion in 2011 due to the weak economy, higher spending and fresh tax cuts,
congressional budget analysts said, ... Social Security now seen to run permanent deficits The Associated Press
] The nonpartisan budget agency predicts the deficit will drop to $1.1 trillion next year.
U.S.
seeks balanced approach to Mideast turmoil (Washington Post) [ Wow! Talkin’ about balance. The
response might be, ‘better late than never’, yet it won’t take long for all to
figure out that balance means heavily weighted to zionist israel / american
interests which of course, ultimately at this rate they will have none of.
Indeed, america’s pro-israel stance in the region is now as good as it gets;
which ain’t too good and fading fast based on … reality. It’s what they do, not
what they say. Then there’s turmoil, and unforgotten turmoil brought to the
region courtesy of israel / american / nato ‘adventurism’ / manipulation /
conflict / war which animus will linger long after this more parochial turmoil
has subsided. For america to believe the old ways will pull through is a dream
that will become a nightmare for american aspirations in the region. ]
Federal
Reserve stays course with bond-buying plan
(Washington Post) [ Plan? Did someone say Plan? Plan for whom? If you answered fraudulent wall you’d be
correct. Anyone else, not so much!
Fed Can’t Prop
Up Stock Market Forever USA Watchdog | From the very
beginning of QE2, it was no secret the Federal Reserve wanted the stock market
to rise.
“The
Fed No Longer Even Denies that the Purpose of Its Latest Blast of Bond
Purchases … Is To Drive Up Wall Street infowars.com Of course,
rather than admit that the Fed is failing at driving down rates, rising rates
are now being heralded as a sign of success.
TrimTabs: “No Amount Of QE Will Be Able To Keep The Current Stock Market Bubble From Bursting” Zero Hedge | If the money to boost stock prices by almost $9 trillion from the March 2009 lows did not come from the traditional players, it had to have come from somewhere else. We believe that place is the Fed. ] Economic expansion is continuing, a Fed committee said in a statement, but not quickly enough.
Obama,
unbending Gerson: The
president's tone has changed, but he has not.
(Washington Post) [ Come on! How can anyone discuss ‘wobama the b’ (for
b*** s***) as a serious ideologue when the reality is that he’s just utter and
total b*** s*** … by what he does, not what he says … he stands for nothing!
Previous: Grading
the SOTU / Robinson (Washington Post) [ I say this sincerely and without
even a tinge of sarcasm that anyone who even watched / listened to wobama’s
‘speech’ should be embarrassed / ashamed of themselves (not that I listened to
dumbya bush’s either). The grade is ‘f’ as in failure as is his failed
presidency, as in ‘f’ himself. Wobama is but a pathetic b*** s*** artist and a
total embarrassment! Previous: Gerson: Obama,
more deficit hawk than GOP? (Washington Post) [ Come on! Where do they get
this stuff? Wobama not only continued war criminal dumbya bush’s perpetual war,
fraudulent wall street protectorate, etc., free-spending ways, but added to the
deficit in his own profligate ways; and, as I’ve said before, democrats /
republicans are but distinctions without significant differences. Moreover,
there’s the literal rearrangement of the congressional deck-chair seating in
the u.s.s. titanic halls for the non-event state of the union (wobama the ‘b’
for b*** s***, more empty words belied by actions / non-action) … Previous:
Topic A: What
should be in State of the Union? (Washington Post) [ Well, at the very
least, it should be noted that the states of the union are crumbling (see
bankruptcy headlines infra), ergo, the state of the union is crumbling and
precarious indeed. The problem with and for wobama is that he’s been there,
done that, and his words don’t match his actions, as is so regarding his not
easily forgotten campaign promises (from perpetual wars, to no pros the frauds
on wall street, to new ‘bubble building’ as in last precursor to crash
supplanting sound economics. Blame it on the teleprompter … sounds like a plan!
All we really know for certain is what definitely will not be in the state of
the union; viz., a solution to pervasively corrupt, defacto bankrupt america’s
intractable decline. ]
Samuelson:
Deficit
dodgeball (Washington Post) [ In past posts I’ve disagreed with the tenor
if not substance of Mr. Samuelson’s articles, even so far, if my memory on this
unimportant point serves me, alluding to his need to bone up on basic economics
by way of that once ubiquitous Samuelson economics text (is there a familial
relation?), gently implying him to be a soft-touch / lightweight with regard to
all things economic / business; but, this really takes the cake and I find his
article, euphemistically speaking, sorely lacking. Even his dodgeball
reference, though I might be accused of nit-picking, is misplaced. This is no
game. The literal life or death of the nation is at stake. The insurmountable
debt is unsustainable. Yet, nowhere in his article is there even a mention of
the perpetual, needless wars abroad which I would argue have worsened the
nation’s security position (blowback, ill will, geopolitical antipathy, etc.).
Indeed, this huge expenditure on these needless wars is literally frittered
away and even stolen (360 tons of $100 bills
flown into Iraq disappear, etc.), abroad denying the economic benefits of such
if spent domestically. His lip service
in two words, ‘(b) downsizing other programs, including defense’ ( and no
mention of the fraudulent wall street computerized high-frequency programmed
churn-and-earn / a negative in real economic terms) , falls short and his
article is sophomoric at best.
On
public investment, Republicans again show they aren't serious (Washington
Post) [ I realize that Mr. Pearlstein
means well and as a journalist / columnist / reporter he must write something;
but, I take umbrage at any purported distinctions between the two parties when
measured against what they do in broader strokes ( perpetual war,
over-spending, protection for wall street frauds, etc.) and their dissembling
which I find nauseating and beyond the pale.
] When talking about the federal government and its budget deficit,
Republican politicians love to score points by noting that "you'd never
run your household or your business that way." Then again, you'd never run
your household or your business by ignoring investment.
IED
casualties in Afghanistan spike (Washington Post) [ Yeah! That progress thing’s a b**ch! What do you expect them ( Petraeus
optimistic on war ) to say? That the money
spent / diverted to these lucrative for the few war profiteers (360 tons
of $100 bills flown into Iraq disappear, etc.) has been worth the defacto
bankruptcy of the nation. The new military brass as with gates’ cia are without
honor, from illegal drugs, to illegal arms, to war crimes, etc.. ]
Home prices fall, heightening fears of double dip (Washington Post) [ How ‘bout just one big, continuing dip except for the protected frauds on wall street who precipitated the decline! The debt levels are now insurmountable, the nation’s defacto bankrupt, and the ‘no recession fed’s’ exacerbating all with there new bubble for wall street’s sake that insiders and the frauds on wall street will sell into. ] Only four areas posted year-over-year gains in November, including Los Angeles, San Diego, San Francisco and the Washington region.
Meyerson: On
doing business (Washington Post) [ Come on! Wake up! There isn’t one
industry except entertainment (film particularly, and of course, hands on
health care) that can’t be done substantially cheaper (if not better, and some
would even argue better) in China. That’s the fact, jack! That’s reality!
That’s the structural shift that’s been the source of all that wall street cash
including huge, disproportionately ridiculous executive pay packages (along
with with wall streets protected frauds) … you know, that great sucking sound
that Ross Perot alluded to!
Grading
the SOTU / Roboinson (Washington Post) [ I say this sincerely and without
even a tinge of sarcasm that anyone who even watched / listened to wobama’s
‘speech’ should be embarrassed / ashamed of themselves (not that I listened to
dumbya bush’s either). The grade is ‘f’ as in failure as is his failed
presidency, as in ‘f’ himself. Wobama is but a pathetic b*** s*** artist and a
total embarrassment! Previous: Gerson: Obama,
more deficit hawk than GOP? (Washington Post) [ Come on! Where do they get
this stuff? Wobama not only continued war criminal dumbya bush’s perpetual war,
fraudulent wall street protectorate, etc., free-spending ways, but added to the
deficit in his own profligate ways; and, as I’ve said before, democrats /
republicans are but distinctions without significant differences. Moreover,
there’s the literal rearrangement of the congressional deck-chair seating in
the u.s.s. titanic halls for the non-event state of the union (wobama the ‘b’
for b*** s***, more empty words belied by actions / non-action) … Previous:
Topic A: What
should be in State of the Union? (Washington Post) [ Well, at the very
least, it should be noted that the states of the union are crumbling (see
bankruptcy headlines infra), ergo, the state of the union is crumbling and
precarious indeed. The problem with and for wobama is that he’s been there,
done that, and his words don’t match his actions, as is so regarding his not
easily forgotten campaign promises (from perpetual wars, to no pros the frauds
on wall street, to new ‘bubble building’ as in last precursor to crash
supplanting sound economics. Blame it on the teleprompter … sounds like a plan!
All we really know for certain is what definitely will not be in the state of
the union; viz., a solution to pervasively corrupt, defacto bankrupt america’s
intractable decline. ]
Drudgereport: BANKRUPTCY FOR STATES STUDIED
CA DECLARES EMERGENCY
Facing $1.6B shortfall, San
Fran pays employees $170 million in bonuses...
What Happened to 15 Million
Jobs?
Wall Street's 'Bernanke'
rally runs into headwinds...
Home sales hit 13-year low...
UPDATE: Hawaii governor says
Obama's birth record 'exists' but can't produce it...
Obama daughter practices
Chinese with Hu...
Chinese Tiger ate US Dove for
lunch...
FBI 'largest' Mafia
takedown...
Flowchart...
'Vinny Carwash', 'The Fang',
'Tony Bagels', 'Johnny Pizza', 'Baby Shacks', 'Jack the Wack', 'Junior
Lollipops', 'Bobby Glasses'...
MTV PORN: Parents Television
Council Calls for Fed Investigation Into 'SKINS'...
VIACOM PRESENTS: SEX AT 15!
Young Star Defends
Show's Racy Content: 'It's What Teens Are Doing'...
TACO BELL Pulls Ads...
Teacher Suspended After 2nd
Graders 'Sex Acts In Class'...
Joan Rivers calls Michelle
Obama 'Blackie O'... [ ‘Blackie O’ … Very funny! … I like that … but
don’t look for joan on ‘The View’ anytime soon, or invites from the whitehouse
either … but of course, and ‘Blackie O’ might retort that joan will be too busy
anyway, reprising the role of ‘The Joker’ in the next Batman film by the gifted
director, Christopher Nolan, with AH new Catwoman … meow! ]
]
Robinson: It's hard to argue with that speech.
Shiller Ratio Points to U.S. Equities Being Significantly
Overvalued [ Yes they are indeed;
so take this especially great opportunity to sell, take profits since there’s
much, much worse to come! That computer-programmed spike into the close to keep
suckers suckered does not change the aforesaid. ]
22
Facts About California That Make You Wonder Why Anyone Would Still Want To Live
In That Hellhole Of A State Why in the world would anyone still want to live
in the state of California at this point?
The
American Dream Saturday, January 22, 2011
Why in the world would anyone still want
to live in the state of California at this point? Residents of California
have been forced to endure a brutally oppressive level of taxation for many
years, and yet the state of California has still managed to find itself on the
verge of bankruptcy. California Governor Jerry Brown declared a “fiscal
emergency” in his state on Thursday, but nobody is even pretending that
such a declaration is actually going to help matters. Brown wants to cut
even deeper into the state budget (even after tens of billions have already
been slashed out of it in recent years) and he wants to explore ways to raise
even more revenue.
Meanwhile, the standard of living in
California is going right into the toilet. Housing values are
plummeting. Unemployment has risen above 20 percent in many areas of the
state. Crime and gang activity is on the rise even as police budgets are
being hacked to the bone. The health care system is an absolute
disaster. At this point California has the fewest emergency rooms per
million people out of all 50 states.
While all of this has been going on, the
state legislature in Sacramento has been very busy passing hundreds of new laws
that are mostly about promoting one radical agenda or another. The state
government has become so radically anti-business that it is a wonder that any
businesses have remained in the state. It seems like the moving vans
never stop as an endless parade of businesses and families leave California as
quickly as they can.
One of the only things keeping the
population of California relatively stable at this point are the massive hordes
of illegal immigrants that are constantly pouring into California cities.
There are certain areas of major California cities that you simply do not ever
want to go into anymore. In fact, there are rumors that the police will
not even venture into certain areas anymore.
Traffic in California is a bigger
nightmare than it ever has been before and the state cannot even keep up with
repairing the roads and infrastructure that it already has. There are a
few areas of California where you can still see the promise of greatness and
the amazing natural beauty that once attracted tens of millions of Americans to
the state, but they are few and far between now. At this point, most of
the state is turning into one gigantic hellhole.
Perhaps the state could have some hope of
turning things around if they had some solid leadership, but at this point the
vast majority of the politicians in the state are pushing agendas that are so
“radical” (not in a good way) and so “anti-American” that it is absolutely
frightening.
Of course on top of everything else there
is the constant threat of wildfires, mudslides and earthquakes. One day a
really “big earthquake” is going to hit, and once that happens many people
believe that the geography of the state of California could be permanently
altered forever.
But what most people are focused on right
now is the horrific financial condition that the state of California currently
is in. Governor Brown recently summarized his analysis of California’s
financial condition with the following statement: “We’ve been living in fantasy
land. It is much worse than I thought. I’m shocked.”
Yes, things really are that bad in
California.
The following are 22 facts about
California that make you wonder why anyone would still want to live in that
hellhole of a state….
#1 The California state government is facing a
potential state budget deficit of 19 billion dollars this year, and California
debt is rapidly
approaching junk status. One way or another the taxpayers of
California are going to have to pay for this mess somehow.
#2 California Governor Jerry Brown recently unveiled a
“draconian” budget plan for 2011 that includes 12 billion dollars more in
spending cuts and that maintains 12 billion dollars in recent tax increases.
#3 The state of California currently has the third highest state income tax
in the nation: a 9.55% tax bracket at $47,055 and a 10.55% bracket at
$1,000,000.
#4 California has the highest state sales tax rate in the nation by far
at 8.25%. Indiana has the next highest at 7%.
#5 Residents of California pay the highest
gasoline taxes (over 67 cents per gallon)
in the United States.
#6 California had more foreclosure filings that any
other U.S. state in 2010. The 546,669 total foreclosure filings during
the year means that over 4 percent of all the housing units in the state of
California received a foreclosure filing at some point during 2010.
#7 Home prices in some areas of California have
completely fallen off a cliff. For example, the average home in Merced,
California has declined in value by 63 percent over the past four
years.
#8 725 new laws (most of them either
completely pointless or completely stupid) went into effect in the state of
California on January 1st.
#9 20 percent of the residents of Los
Angeles County are now receiving public aid of one kind or another.
#10 The number of people unemployed in the state of
California is approximately equal to
the populations of Nevada, New Hampshire and Vermont combined.
#11 In some areas of California, the level of
unemployment is absolutely nightmarish. For example, 24.3 percent of the residents of El
Centro, California are now unemployed.
#12 Residents of California pay some of the highest electricity
prices in the entire nation.
#13 The state of California ranks dead last out of all 50 states in the number
of emergency rooms per million people.
#14 According to one survey, approximately 1 out of
every 4 Californians under the age of 65 has absolutely no
health insurance.
#15 At one point last year it was reported that in the
area around Sacramento, California there was one closed
business for every six that were still open.
#16 In the late 70s, California was number one in
per-pupil spending on education, but now the state has fallen to 48th place.
#17 In one school district in California, children as
young as five years old are being forced to watch
propaganda films that tout the benefits of “alternative lifestyles”, and
parents are being told that no “opting out” will be permitted.
#18 The crime rate in the San Diego school system is
escalating out of control. The following is what San Diego School Police Chief
Don Braun recently told the press
about the current situation….
“Violent crime in schools has risen 31 percent. Property crime has risen
12 percent. Weapons violations (have gone up) almost 8 percent.”
#19 Oakland,
California Police Chief Anthony Batts announced last year that due to severe
budget cuts there are a number of crimes that his department will
simply not be able to respond to any longer. The crimes that the
Oakland police will no longer be responding to include grand theft, burglary,
car wrecks, identity theft and vandalism.
#20 Things have
gotten so bad in Stockton, California
that the police union put up a billboard with the following message: “Welcome
to the 2nd most dangerous city in California. Stop laying off cops.”
#21 During one recent
23 year period, the state of California built 23 prisons but just one
university.
#22 The farther you
look into the future, the worse California’s financial problems become. According
to an article in the Wall Street Journal, California’s unfunded pension
liability is estimated to be somewhere between $120 billion and $500
billion at this point.
So
could the state of California actually go bankrupt?
In
Washington D.C., some lawmakers are now working very hard
behind the scenes to come up with a way to allow individual U.S. states to
declare bankruptcy.
If
something like that is worked out in Washington, then certainly the state of
California would potentially be one of the first states to take advantage of
it.
Unfortunately,
the truth is that the state of California is a complete and total mess at this
point, and not even bankruptcy is going to fix much.
The
state has become a rotting, festering hellhole that is getting worse by the
day. Yes, some really good people still live there, but there are some
really, really good reasons why so many people are leaving the state in droves.
But
perhaps you disagree. Does anyone want to state the case in favor of the
state of California? Please feel free to express your opinion below….’
Economy
News Nightmare: 20 Things That You Should Not Read If You Do Not Want To Become
Very Angry The
Economic Collapse
| Today America is very, very frustrated.
#1 Today, millions of American families are digging deep into
their savings and investments in a desperate attempt to stay afloat. Over the
past two years, U.S. consumers have withdrawn $311 billion more from savings and investment
accounts than they have put into them.
#2 15 billion dollars: the total amount of
compensation that Goldman Sachs paid out to its employees for 2010.
#3 The number of American families that were booted out of
their homes and into the streets set a new all-time record in 2010.
#4 Dozens of packages that we buy in the supermarket have been
reduced in size by up to 20%. For example, there are now
2 less slices of cheese in a typical package of Kraft American cheese, and
there is now 9 percent less toilet paper in a typical package of Scott toilet
paper. So now, you may think that you are paying the same amount for
these items that you always have, but the truth is that you have been hit with
a large price increase.
#5 One Canadian company is making a ton of money shipping “millions and millions of dollars” worth of
manufacturing equipment from factories that are being shut down in the United
States over to new factories that are being set up in China.
#6 In America today, the wealthiest 20% own a whopping 93% of all the “financial assets”
in the United States.
#7 Only 35 percent of Americans now have enough “emergency savings” to be able to cover three
months of living expenses.
#8 47 percent of all Americans now believe that
China is the number one economic power in the world.
#9 If the U.S. banking system is healthy, then why does the
number of “problem banks” continue to keep increasing? This past week the
number of U.S. banks on the unofficial list of problem banks reached 937.
#10 According to former U.S. Labor Secretary Robert Reich, the
wealthiest 0.1% of all Americans make as much money as the poorest 120 million.
#11 U.S. housing prices have now fallen further during this economic
downturn than they did during the Great Depression of the 1930s.
#12 According to some very disturbing new
research, 45 percent of U.S. college students exhibit “no significant gains in learning” after two
years in college.
#13 Americans now owe more than $884
billion on student loans, which is a new all-time record.
#14 The United Nations says that the
global price of food hit an all-time record high in December, and
the price of oil is surging towards $100 a barrel, but the U.S. government
continues to insist that we barely have any inflation at all.
#15 The more Americans that are on food
stamps the more profits that JP Morgan makes.
Today, an all-time record of 43.2 million Americans are on food stamps, and JP
Morgan is making a lot of money processing millions of those benefit payments.
#16 Back in 1970, 25 percent of all jobs
in the United States were manufacturing jobs. Today, only 9
percent of the jobs in the United States are manufacturing jobs.
#17 Dozens of U.S. states
are either implementing tax increases in 2011 or are considering proposals to
raise taxes.
#18 The United States has had a negative
trade deficit every single year since 1976.
#19 The U.S. national debt has crossed the $14 trillion mark for the first time, and
at some point during 2011 it will cross the $15 trillion mark.
#20 What the U.S. economy really needs is for the government
to get off all of our backs, but instead they continue to tighten their grip on
us. In fact, the Obama administration is proposing a “universal Internet ID”
that would watch, track, monitor and potentially control everything that you do
on the Internet’
Eisenhower’s
Worst Fears Have Been Realized Washington’s Blog | All in
all it appears that Eisenhower’s worst fears have been realized and his
remarkable and unique warnings given for naught.
Wikileaks
Is The “Cognitive Infiltration” Operation Demanded by Cass Sunstein [ The
following is a very important read. That said, I’m still against the censorship
since one always, in the final analysis, must discern truth from falsehood,
information from disinformation, reality from propaganda. In truth, I found it
somewhat shocking and more than surprising that of all places ‘to escape to’,
Assange chose Orwellian england, puppet to the u.s. and guarantor of servility
to u.s./zionist interests, such is there own desperate circumstances. ] Webster
G. Tarpley | Awareness is growing around the world that the Wikileaks’
theater of the absurd is radically inauthentic — a psyop…’ Tarpley.net
January
22, 2011 Awareness is growing around the world that the Wikileaks-Julian
Assange theater of the absurd is radically inauthentic – a psyop. Wikileaks and
its impaired boss represent a classic form of limited hangout or self-exposure,
a kind of lurid striptease in which the front organization releases doctored
and pre-selected materials provided by the intelligence agency with the intent
of harming, not the CIA, nor the UK, nor the Israelis, but rather such classic
CIA enemies’ list figures as Putin, Berlusconi, Karzai, Qaddafi, Rodriguez de
Kirchner, etc. In Tunisia, derogatory material about ex-President Ben Ali
leaked by Wikileaks has already brought a windfall for Langley in the form of
the rare ouster of an entrenched Arab government.
Obama White House NSC Russia Director Michael McFaul Deploying IMF Shock
Therapist Boris Nemtsov as Wheelhorse of Feeble “Stop Putin in 2012″ Bid.
At
Foggy Bottom and Langley, a manic fit has been building since the flight of Ben
Ali. US imperialist planners now believe they can re-launch their shopworn
model of the color revolution, CIA people-power coup, or postmodern putsch
against a whole series of countries in the Arab world and far beyond, including
Italy. The color revolutions had been looking tarnished lately, as a result of
the failure of the Twitter Revolution in Iran back in June 2009. Previously,
the Cedars Revolution of 2005 had failed in Lebanon. The Orange Revolution in
Ukraine had been rolled back with the ouster of NATO-IMF kleptocrats Yushchenko
and Timoshenko. In Georgia, the Roses Revolution was increasingly discredited
by the repressive and warmongering regime of fascist madman Saakashvili.
US
Seeks to Mobilize a New Generation of Young Nihilists Across the Globe
But
now, NSC, State, and CIA believe that the color revolution has a new lease on
life, thanks to their estimate that the United States, because of Wikileaks and
Assange, has captured the imagination of a new generation of young nihilists
across the globe who are described as the post-9/11 generation, estranged from
governments and opposition parties, and thus ready to follow Langley’s peroxide
Pied Piper.
Assange
started his intensive deployment phase this year with video of a Class A US war
crime in Iraq, which was very graphic but which dealt with an incident which
was already widely known. The second document dump focused on Iraq, but now the
targeting had shifted to Prime Minister Maliki, and the Iranian asset whom the
US by some strange coincidence was trying to oust as leader of Iraq in favor of
the US puppet Allawi. With the third document dump, this time involving State
Department cables, we found out much derogatory gossip about such classic CIA
targets as Russian prime minister Putin, Italian Prime Minister Berlusconi, the
Russian-Italian strategic alliance, President Fernandez de Kirchner of
Argentina, and President Karzai of Afghanistan, along with jabs at supposed US allies
who need to be kept off-balance and dependent, including the Saudi Arabian
royal family, French President Sarkozy, and others. Wikileaks thus directs the
vast majority of its fire against figures who are part of the CIA’s enemies
list.
No
Equal Time for CIA Covert Operations
Assange
also provides a splendid pretext for draconian censorship and limitations on
the freedom of the internet. The totalitarian liberal Senator Feinstein wants
to bring back Woodrow Wilson’s infamous Espionage Act of 1917 in honor of
Assange. Assange must be seen not as an activist, not as a journalist, and not
as an entertainer, but rather as a spook. John Young of Cryptome, according to
some reports, has denounced Wikileaks, to which he formerly belonged, as a CIA
front. In a December 29 RT interview, Young described the internet as “a very
large-scale spying machine.”1 The internet is indeed a vast battlefield, where
the intelligence agencies of the US-UK, China, Israel, Russia, and many others
clash every hour of the day, with commercial spies, hackers, anarchists,
cultists, mercenary trolls, and psychotics all getting into the act as well.
Intelligence agencies deliberately feed real and doctored material to various
websites, sometimes using their own disgruntled employees as cutouts, conduits,
and go-betweens. This means among other things that Bradley Manning cannot be
taken at face value, although it is also clear that he like anyone else should
not be tortured.
Assange
is now famous, it might be argued. But the Wall Street controlled media can
make anyone famous, from Lady Gaga to Justin Bieber to Snooki, and this is what
they have done with Assange. It is wrong to capitulate to the demagogic power
of these media by making it appear that there might be some legitimate value to
Assange. Up to now, the CIA has been organizing color revolutions using
Twitter, Facebook, Youtube, and so forth as vehicles. Now they think they have
a cult figure whom they can sell to the youth bulge in the Arab world and other
developing countries, where most of the population is under 30. This is an
operation which must be exposed.
Most
recently, Wikileaks has played a role in the CIA’s new “Jasmine Revolution” in
Tunisia by publishing some State Department cables about the sybaritic luxury
and lavish lifestyle of the Ben Ali clan, leading to the downfall of that
regime. The CIA is now gloating that with the help of Wikileaks it can now
topple all the Arab regimes at will, from Mubarak to Qaddafi to Bouteflika, and
replace them with new and more pliable puppets eager to clash with Iran,
Russia, and China
If
Assange ever launches his much-touted doomsday machine against the Bank of
America or some other financial institutions, we will be justified in asking
that the Securities and Exchange Commission make public the extent of short
interest in those stocks by certain hedge funds, especially those controlled by
George Soros. And as far as Assange’s attacks on the Vatican are concerned,
they fit neatly into four centuries of British intelligence warfare against the
Holy See, going back to Guy Fawkes and Lord Robert Cecil’s Gunpowder Plot of
1605 and beyond. Not much new or radical here.
Wikileaks:
No Serious Derogatory Information about US, UK, Israel
It
is illuminating that none of Assange’s document dumps have revealed any notable
scandals involving Great Britain or Israel. No US public figures have had to
resign because of anything Wikileaks has done. No major ongoing covert
operation or highly placed agent of influence has been blown. After all these months,
there are still no US indictments against Assange, even though we know that a
US grand jury will readily indict a ham sandwich if the US Attorney demands it.
If the CIA had wanted to silence Assange, they could have subjected him to the
classic kidnapping aka rendition, meaning that he would have been beaten,
drugged, and carted off to wake up in a black site prison in Egypt, Poland, or
Guantanamo Bay. Otherwise, the CIA could have had recourse to the usual
extralegal wetwork. We must also assume that the new US Cybercommand with its
vast resources would have little trouble shutting down the Wikileaks mirror
sites, no matter how numerous they might be. The same goes for Anonymous and
other flanking organizations of Wikileaks. But these considerations are purely
fantastic. Assange emerges today as the pampered darling and golden boy of The
New York Times, Der Spiegel. The Guardian, El Pais — in short, of the entire
Anglo-American official media Wurlitzer. He reclines today in baronial splendor
in the country house of a well-connected retired British officer who should be
quizzed by the media about his ties to British intelligence. The radical-chic
world, from Bianca Jagger to Michael Moore, is at Assange’s feet.
Cass
Sunstein Present at the Creation of Wikileaks
Wikileaks
was apparently founded in 2006. Originally, the group was programmed to attack
China, and its board was heavily larded with fishy Chinese dissidents and
“democracy” activists from the orbit of the Soros foundations. Interestingly,
the first big publicity breakthrough for Wikileaks in the mainstream US media
was provided by an infamous totalitarian liberal today ensconced in the Obama
White House – none other than Cass Sunstein. In Sunstein’s op-ed published in
the Washington Post of February 24, 2007 under the title “Brave new Wikiworld,”
we read: “Wikileaks.org, founded by dissidents in China and other nations,
plans to post secret government documents and to protect them from censorship
with coded software.” How interesting that Sunstein was present at the creation
of the new Wikileaks psywar operation!
This
is the same Sunstein who today heads Obama’s White House Office of Information
and Regulatory Affairs. In his January 2008 Harvard Law School Working Paper
entitled “Conspiracy Theories,” Sunstein infamously demanded that the United
States government deploy groups of covert operatives and pseudo-independent
agents of influence for the “cognitively infiltration of extremist groups” –
meaning organizations, activists and Internet websites who espouse beliefs
which Sunstein chooses to classify as “false conspiracy theories.”
Wikileaks
= Cass Sunstein’s Program for Cognitive Infiltration In Action
It
should be clear that Assange and Wikileaks are precisely the practical
realization of Sunstein’s program for “cognitive infiltration” shock troops to
counteract and overwhelm any real mass understanding of oligarchical domination
in the modern world, and any discussion of what kind of economic policies are
needed to secure a recovery from the present world depression.
In
line with Sunstein’s recipe, Assange is a self-declared enemy of 9/11 truth. As
Assange told Belfast Telegraph reporter Matthew Bell last July, “I’m constantly
annoyed that people are distracted by false conspiracies such as 9/11, when all
around we provide evidence of real conspiracies, for war or mass financial
fraud.” In other words, Assange argues that the truth about 9/11 truth is not
nearly as radical as the various scandals which Wikileaks claims to expose. But
the scandals Assange is offering target mostly the adversaries of the CIA.
Assange
must also be seen as a deeply troubled individual and a possible psychopath. He
has the ravaged emotional complexion that we might expect from an alumnus of
one of the many MK-Ultra operations. He reportedly spent several years in the
menticidal Anne Hamilton-Byrne cult (also known as The Family and Santiniketan)
near Melbourne, Australia. Here little children were separated from their
parents and made to ingest LSD, Anatensol, Diazepam, Haloperidol, Largactil,
Mogadon, Serepax, Stelazine, Tegretol, Tofranil, and other potent
psychopharmaca. Dozens of children were told that Hamilton-Byrne was their real
mother, and had their hair dyed blond. Anne Hamilton-Byrne reportedly regarded
blond hair as a sign of racial superiority. Careful observers will have noted
that Assange’s hair is sometimes blond, sometimes more brownish, raising the
question of whether his grooming practices are a residue of his time with
Hamilton-Byrne, whom he says he does not remember. When other kids were getting
cookies and milk, was Assange being lobotomized by LSD and other potent
psychopharmaca dished up by Hamilton-Byrne? There is evidence pointing in that
direction.
With
Assange, we thus have the tragic spectacle of the emotionally mutilated product
of a CIA (or MI-6) covert operation of 40 years ago, who has now been given a
prominent role in a key counter-insurgency ploy of the present time. Will the
youth of the world, already burned by their recent fatuous obsession with
Obama, be duped again by such an impaired individual?
The
Precedent: Pentagon Papers Whitewashed CIA, Blamed Army, Demonized Kennedy
Assange’s
revelations mainly involve communications labeled Confidential or Secret, and
which in reality would be over-classified if marked Official Use Only. In other
words, Assange is in reality a purveyor of low level cable traffic, not of
earth-shattering secrets. This reminds us of an earlier CIA limited hangout
operation, the one known as the Pentagon Papers. This was a carefully screened
selection of historical documents, supplemented by outright forgeries, relating
to the Vietnam War and compiled by Morton Halperin and Leslie Gelb, both of
whom have gone on to glittering careers in the imperialist foreign policy
establishment – Gelb became president of the Council on Foreign Relations,
while Halperin serves today as chief political officer of the Soros wolfpack of
foundations. The papers were leaked by former RAND Corporation official Daniel
Ellsberg, who had been a very bellicose hawk in Vietnam before a suspicious
Damascus Road conversion to pacifism, and then published in the US
establishment press – similarly to Assange today. There was nothing in the
Pentagon papers which a casual reader of LeMonde or Corriere della Sera did not
already know. But, as Mort Sahl later said, left liberals have generally had
very few heroes, so they battened on to Ellsberg and lionized him – led by Noam
Chomsky, Howard Zinn, and some others. (This is a syndrome which we see again
today: at the moment when Obama’s treacherous sellout on the Bush tax cuts was
providing a final disillusionment for many gullible left libs, Assange arrived
on the scene as their new Savior. Not by chance, Ellsberg has now designated
Assange as his own reincarnation, and thus surely the new Messiah.)
The
Pentagon papers had been carefully selected by the CIA itself to cover up CIA
war crimes in Vietnam, blaming these on the US Army wherever possible, while
also obscuring the CIA’s massive program of drug production and narcotics
smuggling. The Pentagon Papers systematically hid the salient political fact of
the entire Vietnam era, which is that President John F. Kennedy before he was
assassinated was preparing to end the de facto US combat role in that country.
Instead, Kennedy was systematically demonized and smeared, emerging as the
villain of the piece. Needless to say, the Pentagon papers throw no light
whatsoever on the CIA role in the Kennedy assassination – in the same way that
Assange’s various document dumps tell us nothing of importance about 9/11, the
Rabin assassination, Iran-contra, the 1999 bombing of Serbia, the Kursk
incident, the various CIA color revolutions, or many of the other truly big
covert operations of the past decades.
The
limited hangout is not new; it was described in a secret memorandum by Venetian
intelligence chief Paolo Sarpi to the Venetian Senate in 1620 as the art of
“saying something good about somebody while pretending to be saying something
bad.” That is the common denominator of the CIA’s limited hangout operations
from Ellsberg to Philip Agee to Assange, with so many other “former” CIA
operatives turned “whistleblowers” along the way. ‘
Drudgereport: CUT!
WHAT?!
GOOGLE
Comes Under Fire for 'Secret' Relationship with NSA...
IMF:
Instability Threatens Recovery...
OH NO:
Price Drop Points to Likely Double Dip in Housing Market...
Jobless
Rise in 20 States as Workers Still Laid Off...
UK Economy
May Be Heading for Double Dip...
Obama
will 'have to produce birth certificate' to run again...
NYT:
Former Spy With Agenda Operates Own Private CIA... [ Quite serious a problem … Remember … these people really are quite
stupid but self-interested if not greedy; and, if the money’s right, they wrap
themselves in the flag and find a reason … remember ollie north who’s an
absolute dope … and there are many, many more worse than him. Then there’s
their war mongering which of course is the precursor to their war profiteering,
etc.. ]
UPDATE:
Hawaii governor says Obama's birth record 'exists' but can't produce it...
BACKTRACK: Now Hawaii won't release birth info...
Hollywood,
Jobs, Trump help Rahm haul in $10.6M … [ No
surprise here, mobster trump (how was trump missed in the recent big mafia bust
since he too is a corrupt bribe paying/receiving, drug money laundering among
other crimes, mobster), hollywood
flakes like magic mushroom eater sorkin, LSD aficionado jobs (I now realize
what that premium priced disfunctional though fanciful pizzazz of apple products that I would
refuse to pay extra for stems from-jobs says he owes it all to his LSD
use-don’t forget, apple’s protected source code, kernel, and consequent
stability existed pre-jobs and I believe, particularly after actually using an
iphone, that the same is a way to extract money from an ever increasingly
dumbed down / dumb (and I think at the least, eccentric if not obsessively
pathological if you witnessed the near compulsive use of these extraneous-rich,
in a trivially frivolous way, devices) american public by pandering to their
desire for superfluous functionality which requires additional purchases
through apple-I do give them credit for the more elaborate interface /
touchscreen and the ipad, all of which is currently being duplicated ex-apple
and presenting greater values/utility/functionality for the money-so also
credit for pioneering), zionists including spielberg, etc.; no small wonder
that chicago and the nation are down the tubes. ]
...
COURT:
Candidate 'must have actually resided' in city for 1 year before election...
Plans
appeal to Illinois Supreme Court...
CHICAGOLAND
SHOCK: RAHM BOOTED OFF BALLOT
China
'on Collision Course' with USA...
Bank
Moves to Buy U.S. Branches...
Stealth
fighter 'based on crashed American plane'...
Chinese
Pianist Played Anti-American Propaganda Tune at White House?
Emanuel
vows to fight ballot ruling (Washington Post) [ Ill.
court rules on Emanuel … OPINION:
Rahm got robbed (of his and of those of his prospective booty) Drudgereport: Hollywood,
Jobs, Trump help Rahm haul in $10.6M … [ No
surprise here, mobster trump (how was trump missed in the recent big mafia bust
since he too is a corrupt bribe paying/receiving, drug money laundering among
other crimes, mobster), hollywood
flakes like magic mushroom eater sorkin, LSD aficionado jobs (I now realize
what that premium priced disfunctional though fanciful pizzazz of apple products that I would
refuse to pay extra for stems from-jobs says he owes it all to his LSD
use-don’t forget, apple’s protected source code, kernel, and consequent
stability existed pre-jobs and I believe, particularly after actually using an
iphone, that the same is a way to extract money from an ever increasingly
dumbed down / dumb (and I think at the least, eccentric if not obsessively
pathological if you witnessed the near compulsive use of these extraneous-rich,
in a trivially frivolous way, devices) american public by pandering to their
desire for superfluous functionality which requires additional purchases
through apple-I do give them credit for the more elaborate interface / touchscreen
and the ipad, all of which is currently being duplicated ex-apple and
presenting greater value/utility/functionality for the money-so also credit for
pioneering), zionists including spielberg, etc.; no small wonder that chicago
and the nation are down the tubes. ] ...
COURT:
Candidate 'must have actually resided' in city for 1 year before election...
Plans
appeal to Illinois Supreme Court...
CHICAGOLAND
SHOCK: RAHM BOOTED OFF BALLOT
China
'on Collision Course' with USA...
Bank
Moves to Buy U.S. Branches...
Stealth
fighter 'based on crashed American plane'...
Chinese
Pianist Played Anti-American Propaganda Tune at White House?
NYT:
Former Spy With Agenda Operates Own Private CIA... [ Quite serious a problem … Remember … these people really are quite
stupid but self-interested if not greedy; and, if the money’s right, they wrap
themselves in the flag and find a reason … remember ollie north who’s an
absolute dope … and there are many, many more worse than him. Then there’s
their war mongering which of course is the precursor to their war profiteering,
etc.. ]
UPDATE:
Hawaii governor says Obama's birth record 'exists' but can't produce it...
BACKTRACK: Now Hawaii won't release birth info...
The Mafia
family tree: FBI flowchart reveals
127 'mobsters' arrested in biggest ever blitz on New York's crime empires (
This is a very big deal! http://albertpeia.com/mafiafamilytreeflowchartFBIarrests.htm ) ]
Hezbollah-backed candidate has votes to become prime minister (Washington Post) [ Now who could possibly deny the rationality of the Lebanese wisdom of a leader that puts not war crimes nations israel / u.s. and nato allies interests, but rather the interests of Lebanon and the Lebanese people first beyond words and propaganda based on what they do; ie., most recent of many in the region: US-led airstrikes kill Afghan civilians 1-24-11Two separate airstrikes by US-led foreign forces have killed at least five civilians and wounded several others in various parts of Afghanistan. ] BEIRUT - The Shiite armed movement Hezbollah on Monday had the support needed for its candidate to become Lebanon's prime minister, effectively ending the Western-backed rule of U.S. allies who came to power more than five years ago.
Obama
won't endorse Social Security cuts (Washington Post) [
Is that written in stone? Does that mean veto? Is this failed presidency
pre-election year desperation? Where will the cuts come from for ‘deficit
reduction’? What does the teleprompter say? For some, social security is all
they have, many corporate pensions underfunded, defunct from bankruptcies,
non-existent, etc.. Now there is a very rich pension fund that the citizens
have paid for and does have a lot of fat for cutting; viz., Wikipedia:
‘Congressional pension is a pension made
available to members of the United States Congress. Members who
participated in the congressional pension system are vested after five (5)
years of service. A full pension is available to Members 62 years of age with 5
years of service; 50 years or older with 20 years of service; or 25 years of
service at any age. A reduced pension is available depending upon which of
several different age/service options is chosen. If Members leave Congress
before reaching retirement age, they may leave their contributions behind and
receive a deferred pension later.[1]’
… official site: ‘Members of Congress are eligible for a pension at age 62 if
they have completed at least five years of service. They are eligible for a
pension at age 50 if they have completed 20 years of service, or at any age
after completing 25 years of service. The amount of the pension depends on
years of service and the average of the highest three years of salary. By law,
the starting amount of a member’s retirement annuity may not exceed 80 percent
of his or her final salary. As of October 1, 2000, the average annual pension
for members of Congress who have retired under CSRS is $52,464, and $46,932 for
retirees under FERS-only or both FERS/CSRS. ‘ ]
Economic policy stuck in reverse (Washington Post) We have seen no real plan, no strong leadership, no apparent willingness to confront the growing danger on the horizon. [ Mr. Sessions is right on target and for me to comment further would only take away time from the ‘must read’ substantive article by Mr. Sessions! ]
Gerson: Obama,
more deficit hawk than GOP? (Washington Post) [ Come on! Where do they get
this stuff? Wobama not only continued war criminal dumbya bush’s perpetual war,
fraudulent wall street protectorate, etc., free-spending ways, but added to the
deficit in his own profligate ways; and, as I’ve said before, democrats /
republicans are but distinctions without significant differences. Moreover,
there’s the literal rearrangement of the congressional deck-chair seating in
the u.s.s. titanic halls for the non-event state of the union (wobama the ‘b’
for b*** s***, more empty words belied by actions / non-action) … Previous:
Topic A: What
should be in State of the Union? (Washington Post) [ Well, at the very
least, it should be noted that the states of the union are crumbling (see
bankruptcy headlines infra), ergo, the state of the union is crumbling and
precarious indeed. The problem with and for wobama is that he’s been there,
done that, and his words don’t match his actions, as is so regarding his not
easily forgotten campaign promises (from perpetual wars, to no pros the frauds
on wall street, to new ‘bubble building’ as in last precursor to crash
supplanting sound economics. Blame it on the teleprompter … sounds like a plan!
All we really know for certain is what definitely will not be in the state of
the union; viz., a solution to pervasively corrupt, defacto bankrupt america’s
intractable decline. ]
Economy
News Nightmare: 20 Things That You Should Not Read If You Do Not Want To Become
Very Angry The Economic Collapse | Today America is very, very
frustrated.
#1 Today, millions of American families are digging deep into
their savings and investments in a desperate attempt to stay afloat. Over the
past two years, U.S. consumers have withdrawn $311 billion more from savings and investment
accounts than they have put into them.
#2 15 billion dollars: the total amount of
compensation that Goldman Sachs paid out to its employees for 2010.
#3 The number of American families that were booted out of
their homes and into the streets set a new all-time record in 2010.
#4 Dozens of packages that we buy in the supermarket have been
reduced in size by up to 20%. For example, there are now
2 less slices of cheese in a typical package of Kraft American cheese, and
there is now 9 percent less toilet paper in a typical package of Scott toilet
paper. So now, you may think that you are paying the same amount for
these items that you always have, but the truth is that you have been hit with
a large price increase.
#5 One Canadian company is making a ton of money shipping “millions and millions of dollars” worth of
manufacturing equipment from factories that are being shut down in the United
States over to new factories that are being set up in China.
#6 In America today, the wealthiest 20% own a whopping 93% of all the “financial assets”
in the United States.
#7 Only 35 percent of Americans now have enough “emergency savings” to be able to cover three
months of living expenses.
#8 47 percent of all Americans now believe that
China is the number one economic power in the world.
#9 If the U.S. banking system is healthy, then why does the
number of “problem banks” continue to keep increasing? This past week the
number of U.S. banks on the unofficial list of problem banks reached 937.
#10 According to former U.S. Labor Secretary Robert Reich, the
wealthiest 0.1% of all Americans make as much money as the poorest 120 million.
#11 U.S. housing prices have now fallen further during this economic
downturn than they did during the Great Depression of the 1930s.
#12 According to some very disturbing new
research, 45 percent of U.S. college students exhibit “no significant gains in learning” after two
years in college.
#13 Americans now owe more than $884
billion on student loans, which is a new all-time record.
#14 The United Nations says that the
global price of food hit an all-time record high in December, and
the price of oil is surging towards $100 a barrel, but the U.S. government
continues to insist that we barely have any inflation at all.
#15 The more Americans that are on food
stamps the more profits that JP Morgan makes.
Today, an all-time record of 43.2 million Americans are on food stamps, and JP
Morgan is making a lot of money processing millions of those benefit payments.
#16 Back in 1970, 25 percent of all jobs
in the United States were manufacturing jobs. Today, only 9
percent of the jobs in the United States are manufacturing jobs.
#17 Dozens of U.S. states
are either implementing tax increases in 2011 or are considering proposals to
raise taxes.
#18 The United States has had a negative
trade deficit every single year since 1976.
#19 The U.S. national debt has crossed the $14 trillion mark for the first time, and
at some point during 2011 it will cross the $15 trillion mark.
#20 What the U.S. economy really needs is for the government
to get off all of our backs, but instead they continue to tighten their grip on
us. In fact, the Obama administration is proposing a “universal Internet ID”
that would watch, track, monitor and potentially control everything that you do
on the Internet’
Wikileaks
Is The “Cognitive Infiltration” Operation Demanded by Cass Sunstein [ The
following is a very important read. That said, I’m still against the censorship
since one always, in the final analysis, must discern truth from falsehood,
information from disinformation, reality from propaganda. In truth, I found it
somewhat shocking and more than surprising that of all places ‘to escape to’,
Assange chose Orwellian england, puppet to the u.s. and guarantor of servility
to u.s./zionist interests, such is there own desperate circumstances. ] Webster
G. Tarpley | Awareness is growing around the world that the Wikileaks’
theater of the absurd is radically inauthentic — a psyop…’ Tarpley.net
January
22, 2011 Awareness is growing around the world that the Wikileaks-Julian
Assange theater of the absurd is radically inauthentic – a psyop. Wikileaks and
its impaired boss represent a classic form of limited hangout or self-exposure,
a kind of lurid striptease in which the front organization releases doctored
and pre-selected materials provided by the intelligence agency with the intent
of harming, not the CIA, nor the UK, nor the Israelis, but rather such classic
CIA enemies’ list figures as Putin, Berlusconi, Karzai, Qaddafi, Rodriguez de
Kirchner, etc. In Tunisia, derogatory material about ex-President Ben Ali
leaked by Wikileaks has already brought a windfall for Langley in the form of
the rare ouster of an entrenched Arab government.
Obama White House NSC Russia Director Michael McFaul Deploying IMF Shock
Therapist Boris Nemtsov as Wheelhorse of Feeble “Stop Putin in 2012″ Bid.
At
Foggy Bottom and Langley, a manic fit has been building since the flight of Ben
Ali. US imperialist planners now believe they can re-launch their shopworn
model of the color revolution, CIA people-power coup, or postmodern putsch
against a whole series of countries in the Arab world and far beyond, including
Italy. The color revolutions had been looking tarnished lately, as a result of
the failure of the Twitter Revolution in Iran back in June 2009. Previously,
the Cedars Revolution of 2005 had failed in Lebanon. The Orange Revolution in
Ukraine had been rolled back with the ouster of NATO-IMF kleptocrats Yushchenko
and Timoshenko. In Georgia, the Roses Revolution was increasingly discredited
by the repressive and warmongering regime of fascist madman Saakashvili.
US
Seeks to Mobilize a New Generation of Young Nihilists Across the Globe
But
now, NSC, State, and CIA believe that the color revolution has a new lease on
life, thanks to their estimate that the United States, because of Wikileaks and
Assange, has captured the imagination of a new generation of young nihilists
across the globe who are described as the post-9/11 generation, estranged from
governments and opposition parties, and thus ready to follow Langley’s peroxide
Pied Piper.
Assange
started his intensive deployment phase this year with video of a Class A US war
crime in Iraq, which was very graphic but which dealt with an incident which
was already widely known. The second document dump focused on Iraq, but now the
targeting had shifted to Prime Minister Maliki, and the Iranian asset whom the
US by some strange coincidence was trying to oust as leader of Iraq in favor of
the US puppet Allawi. With the third document dump, this time involving State
Department cables, we found out much derogatory gossip about such classic CIA
targets as Russian prime minister Putin, Italian Prime Minister Berlusconi, the
Russian-Italian strategic alliance, President Fernandez de Kirchner of
Argentina, and President Karzai of Afghanistan, along with jabs at supposed US
allies who need to be kept off-balance and dependent, including the Saudi
Arabian royal family, French President Sarkozy, and others. Wikileaks thus
directs the vast majority of its fire against figures who are part of the CIA’s
enemies list.
No
Equal Time for CIA Covert Operations
Assange
also provides a splendid pretext for draconian censorship and limitations on
the freedom of the internet. The totalitarian liberal Senator Feinstein wants
to bring back Woodrow Wilson’s infamous Espionage Act of 1917 in honor of
Assange. Assange must be seen not as an activist, not as a journalist, and not
as an entertainer, but rather as a spook. John Young of Cryptome, according to
some reports, has denounced Wikileaks, to which he formerly belonged, as a CIA
front. In a December 29 RT interview, Young described the internet as “a very
large-scale spying machine.”1 The internet is indeed a vast battlefield, where
the intelligence agencies of the US-UK, China, Israel, Russia, and many others
clash every hour of the day, with commercial spies, hackers, anarchists,
cultists, mercenary trolls, and psychotics all getting into the act as well.
Intelligence agencies deliberately feed real and doctored material to various
websites, sometimes using their own disgruntled employees as cutouts, conduits,
and go-betweens. This means among other things that Bradley Manning cannot be
taken at face value, although it is also clear that he like anyone else should
not be tortured.
Assange
is now famous, it might be argued. But the Wall Street controlled media can
make anyone famous, from Lady Gaga to Justin Bieber to Snooki, and this is what
they have done with Assange. It is wrong to capitulate to the demagogic power
of these media by making it appear that there might be some legitimate value to
Assange. Up to now, the CIA has been organizing color revolutions using
Twitter, Facebook, Youtube, and so forth as vehicles. Now they think they have
a cult figure whom they can sell to the youth bulge in the Arab world and other
developing countries, where most of the population is under 30. This is an
operation which must be exposed.
Most
recently, Wikileaks has played a role in the CIA’s new “Jasmine Revolution” in
Tunisia by publishing some State Department cables about the sybaritic luxury
and lavish lifestyle of the Ben Ali clan, leading to the downfall of that
regime. The CIA is now gloating that with the help of Wikileaks it can now
topple all the Arab regimes at will, from Mubarak to Qaddafi to Bouteflika, and
replace them with new and more pliable puppets eager to clash with Iran,
Russia, and China
If
Assange ever launches his much-touted doomsday machine against the Bank of
America or some other financial institutions, we will be justified in asking
that the Securities and Exchange Commission make public the extent of short
interest in those stocks by certain hedge funds, especially those controlled by
George Soros. And as far as Assange’s attacks on the Vatican are concerned,
they fit neatly into four centuries of British intelligence warfare against the
Holy See, going back to Guy Fawkes and Lord Robert Cecil’s Gunpowder Plot of 1605
and beyond. Not much new or radical here.
Wikileaks:
No Serious Derogatory Information about US, UK, Israel
It
is illuminating that none of Assange’s document dumps have revealed any notable
scandals involving Great Britain or Israel. No US public figures have had to
resign because of anything Wikileaks has done. No major ongoing covert
operation or highly placed agent of influence has been blown. After all these
months, there are still no US indictments against Assange, even though we know
that a US grand jury will readily indict a ham sandwich if the US Attorney
demands it. If the CIA had wanted to silence Assange, they could have subjected
him to the classic kidnapping aka rendition, meaning that he would have been
beaten, drugged, and carted off to wake up in a black site prison in Egypt,
Poland, or Guantanamo Bay. Otherwise, the CIA could have had recourse to the
usual extralegal wetwork. We must also assume that the new US Cybercommand with
its vast resources would have little trouble shutting down the Wikileaks mirror
sites, no matter how numerous they might be. The same goes for Anonymous and
other flanking organizations of Wikileaks. But these considerations are purely
fantastic. Assange emerges today as the pampered darling and golden boy of The New
York Times, Der Spiegel. The Guardian, El Pais — in short, of the entire
Anglo-American official media Wurlitzer. He reclines today in baronial splendor
in the country house of a well-connected retired British officer who should be
quizzed by the media about his ties to British intelligence. The radical-chic
world, from Bianca Jagger to Michael Moore, is at Assange’s feet.
Cass
Sunstein Present at the Creation of Wikileaks
Wikileaks
was apparently founded in 2006. Originally, the group was programmed to attack
China, and its board was heavily larded with fishy Chinese dissidents and
“democracy” activists from the orbit of the Soros foundations. Interestingly,
the first big publicity breakthrough for Wikileaks in the mainstream US media
was provided by an infamous totalitarian liberal today ensconced in the Obama
White House – none other than Cass Sunstein. In Sunstein’s op-ed published in
the Washington Post of February 24, 2007 under the title “Brave new Wikiworld,”
we read: “Wikileaks.org, founded by dissidents in China and other nations,
plans to post secret government documents and to protect them from censorship
with coded software.” How interesting that Sunstein was present at the creation
of the new Wikileaks psywar operation!
This
is the same Sunstein who today heads Obama’s White House Office of Information
and Regulatory Affairs. In his January 2008 Harvard Law School Working Paper
entitled “Conspiracy Theories,” Sunstein infamously demanded that the United
States government deploy groups of covert operatives and pseudo-independent
agents of influence for the “cognitively infiltration of extremist groups” –
meaning organizations, activists and Internet websites who espouse beliefs
which Sunstein chooses to classify as “false conspiracy theories.”
Wikileaks
= Cass Sunstein’s Program for Cognitive Infiltration In Action
It
should be clear that Assange and Wikileaks are precisely the practical
realization of Sunstein’s program for “cognitive infiltration” shock troops to
counteract and overwhelm any real mass understanding of oligarchical domination
in the modern world, and any discussion of what kind of economic policies are
needed to secure a recovery from the present world depression.
In
line with Sunstein’s recipe, Assange is a self-declared enemy of 9/11 truth. As
Assange told Belfast Telegraph reporter Matthew Bell last July, “I’m constantly
annoyed that people are distracted by false conspiracies such as 9/11, when all
around we provide evidence of real conspiracies, for war or mass financial fraud.”
In other words, Assange argues that the truth about 9/11 truth is not nearly as
radical as the various scandals which Wikileaks claims to expose. But the
scandals Assange is offering target mostly the adversaries of the CIA.
Assange
must also be seen as a deeply troubled individual and a possible psychopath. He
has the ravaged emotional complexion that we might expect from an alumnus of
one of the many MK-Ultra operations. He reportedly spent several years in the
menticidal Anne Hamilton-Byrne cult (also known as The Family and Santiniketan)
near Melbourne, Australia. Here little children were separated from their
parents and made to ingest LSD, Anatensol, Diazepam, Haloperidol, Largactil,
Mogadon, Serepax, Stelazine, Tegretol, Tofranil, and other potent
psychopharmaca. Dozens of children were told that Hamilton-Byrne was their real
mother, and had their hair dyed blond. Anne Hamilton-Byrne reportedly regarded
blond hair as a sign of racial superiority. Careful observers will have noted
that Assange’s hair is sometimes blond, sometimes more brownish, raising the
question of whether his grooming practices are a residue of his time with
Hamilton-Byrne, whom he says he does not remember. When other kids were getting
cookies and milk, was Assange being lobotomized by LSD and other potent
psychopharmaca dished up by Hamilton-Byrne? There is evidence pointing in that
direction.
With
Assange, we thus have the tragic spectacle of the emotionally mutilated product
of a CIA (or MI-6) covert operation of 40 years ago, who has now been given a
prominent role in a key counter-insurgency ploy of the present time. Will the
youth of the world, already burned by their recent fatuous obsession with
Obama, be duped again by such an impaired individual?
The
Precedent: Pentagon Papers Whitewashed CIA, Blamed Army, Demonized Kennedy
Assange’s
revelations mainly involve communications labeled Confidential or Secret, and
which in reality would be over-classified if marked Official Use Only. In other
words, Assange is in reality a purveyor of low level cable traffic, not of
earth-shattering secrets. This reminds us of an earlier CIA limited hangout
operation, the one known as the Pentagon Papers. This was a carefully screened
selection of historical documents, supplemented by outright forgeries, relating
to the Vietnam War and compiled by Morton Halperin and Leslie Gelb, both of
whom have gone on to glittering careers in the imperialist foreign policy
establishment – Gelb became president of the Council on Foreign Relations,
while Halperin serves today as chief political officer of the Soros wolfpack of
foundations. The papers were leaked by former RAND Corporation official Daniel
Ellsberg, who had been a very bellicose hawk in Vietnam before a suspicious
Damascus Road conversion to pacifism, and then published in the US
establishment press – similarly to Assange today. There was nothing in the
Pentagon papers which a casual reader of LeMonde or Corriere della Sera did not
already know. But, as Mort Sahl later said, left liberals have generally had
very few heroes, so they battened on to Ellsberg and lionized him – led by Noam
Chomsky, Howard Zinn, and some others. (This is a syndrome which we see again
today: at the moment when Obama’s treacherous sellout on the Bush tax cuts was
providing a final disillusionment for many gullible left libs, Assange arrived
on the scene as their new Savior. Not by chance, Ellsberg has now designated
Assange as his own reincarnation, and thus surely the new Messiah.)
The
Pentagon papers had been carefully selected by the CIA itself to cover up CIA
war crimes in Vietnam, blaming these on the US Army wherever possible, while
also obscuring the CIA’s massive program of drug production and narcotics
smuggling. The Pentagon Papers systematically hid the salient political fact of
the entire Vietnam era, which is that President John F. Kennedy before he was
assassinated was preparing to end the de facto US combat role in that country.
Instead, Kennedy was systematically demonized and smeared, emerging as the villain
of the piece. Needless to say, the Pentagon papers throw no light whatsoever on
the CIA role in the Kennedy assassination – in the same way that Assange’s
various document dumps tell us nothing of importance about 9/11, the Rabin
assassination, Iran-contra, the 1999 bombing of Serbia, the Kursk incident, the
various CIA color revolutions, or many of the other truly big covert operations
of the past decades.
The
limited hangout is not new; it was described in a secret memorandum by Venetian
intelligence chief Paolo Sarpi to the Venetian Senate in 1620 as the art of
“saying something good about somebody while pretending to be saying something
bad.” That is the common denominator of the CIA’s limited hangout operations
from Ellsberg to Philip Agee to Assange, with so many other “former” CIA
operatives turned “whistleblowers” along the way. ‘
Former
FBI Agent Coleen Rowley Calls For Congress To Begin “Church Committee”-type
Hearings Saman Mohammadi | The time to begin thinking
about justice is never too late.
Perpetual War is
Expensive! We’ve been militarily involved in the Persian Gulf region now
for 20 years. Experts have predicted that the cost of this continuous and
expanding war will reach 6 trillion dollars.
China's new stealth fighter may use US technology (AP)
The Pathology
of Facebook and Twitter The way in which people frantically communicate
online via Twitter, Facebook and instant messaging can be seen as a form of
modern madness, according to a leading American sociologist.
Drudgereport: NYT:
Former Spy With Agenda Operates Own Private CIA... [ Quite serious a problem … Remember … these people really are quite
stupid but self-interested if not greedy; and, if the money’s right, they wrap
themselves in the flag and find a reason … remember ollie north who’s an
absolute dope … and there are many, many more worse than him. Then there’s
their war mongering which of course is the precursor to their war profiteering,
etc.. ]
UPDATE:
Hawaii governor says Obama's birth record 'exists' but can't produce it...
BACKTRACK: Now Hawaii won't release birth info...
Hollywood,
Jobs, Trump help Rahm haul in $10.6M … [ No
surprise here, mobster trump (how was trump missed in the recent big mafia bust
since he too is a corrupt bribe paying/receiving, drug money laundering among other
crimes, mobster), hollywood flakes like
magic mushroom eater sorkin, LSD aficionado jobs (I now realize what that
premium priced disfunctional though fanciful
pizzazz of apple products that I would refuse to pay extra for stems
from-jobs says he owes it all to his LSD use-don’t forget, apple’s protected
source code, kernel, and consequent stability existed pre-jobs and I believe,
particularly after actually using an iphone, that the same is a way to extract
money from an ever increasingly dumbed down / dumb (and I think at the least,
eccentric if not obsessively pathological if you witnessed the near compulsive
use of these extraneous-rich, in a trivially frivolous way, devices) american
public by pandering to their desire for superfluous functionality which
requires additional purchases through apple-I do give them credit for the more
elaborate interface / touchscreen and the ipad, all of which is currently being
duplicated ex-apple and presenting greater values/utility/functionality for the
money-so also credit for pioneering), zionists including spielberg, etc.; no
small wonder that chicago and the nation are down the tubes.
] ...
COURT:
Candidate 'must have actually resided' in city for 1 year before election...
Plans
appeal to Illinois Supreme Court...
CHICAGOLAND
SHOCK: RAHM BOOTED OFF BALLOT
China
'on Collision Course' with USA...
Bank
Moves to Buy U.S. Branches...
Stealth
fighter 'based on crashed American plane'...
Chinese
Pianist Played Anti-American Propaganda Tune at White House?
Topic A: What
should be in State of the Union? (Washington Post) [ Well, at the very
least, it should be noted that the states of the union are crumbling (see
bankruptcy headlines infra), ergo, the state of the union is crumbling and
precarious indeed. The problem with and for wobama is that he’s been there,
done that, and his words don’t match his actions, as is so regarding his not
easily forgotten campaign promises (from perpetual wars, to no pros the frauds
on wall street, to new ‘bubble building’ as in last precursor to crash
supplanting sound economics. Blame it on the teleprompter … sounds like a plan!
All we really know for certain is what definitely will not be in the state of
the union; viz., a solution to pervasively corrupt, defacto bankrupt america’s
intractable decline. ]
Drudgereport: BANKRUPTCY
FOR STATES STUDIED
CA
DECLARES EMERGENCY
Facing
$1.6B shortfall, San Fran pays employees $170 million in bonuses...
What
Happened to 15 Million Jobs?
Wall
Street's 'Bernanke' rally runs into headwinds...
Home
sales hit 13-year low...
UPDATE:
Hawaii governor says Obama's birth record 'exists' but can't produce it...
Obama
daughter practices Chinese with Hu...
Chinese
Tiger ate US Dove for lunch...
FBI
'largest' Mafia takedown...
Flowchart...
'Vinny
Carwash', 'The Fang', 'Tony Bagels', 'Johnny Pizza', 'Baby Shacks', 'Jack the
Wack', 'Junior Lollipops', 'Bobby Glasses'...
MTV
PORN: Parents Television Council Calls for Fed Investigation Into 'SKINS'...
VIACOM
PRESENTS: SEX AT 15!
Young Star Defends Show's Racy Content: 'It's What Teens Are
Doing'...
TACO
BELL Pulls Ads...
Teacher
Suspended After 2nd Graders 'Sex Acts In Class'...
Joan
Rivers calls Michelle Obama 'Blackie O'... [ ‘Blackie O’ … Very
funny! … I like that … but don’t look for joan on ‘The View’ anytime soon, or
invites from the whitehouse either … but of course, and ‘Blackie O’ might
retort that joan will be too busy anyway, reprising the role of ‘The Joker’ in
the next Batman film by the gifted director, Christopher Nolan, with AH new
Catwoman … meow! ]
The Mafia
family tree: FBI flowchart reveals
127 'mobsters' arrested in biggest ever blitz on New York's crime empires [
This is a very big deal! http://albertpeia.com/mafiafamilytreeflowchartFBIarrests.htm ]
“All
In All It Appears That Eisenhower’s Worst Fears Have Been Realized And His
Remarkable And Unique Warnings Given For Naught” [ I personally believe, and the factual, historical realities
support that President General Eisenhower is without question the most
under-rated president in america’s short-lived history. Is there anyone who
foolishly would believe this man of honor, the quintessential General /
Commander in Chief would be sacrificing lives (american among many others) and
treasury for the sake of war profiteers, greed, fraud, etc., as now? ] President Eisenhower’s warned us about the
growing threat from the powerful military-industrial complex – and it’s threat
to our prosperity – 50 years ago.
A
new culture war Milbank: Are GOP
spending cuts about the deficit or settling old scores? (Washington Post) [
What does it matter at this point. Who cares about motives at this too little,
too late juncture. Come on! Wake up! Culture wars? Who cares. That should be
the least of the wars and worries.The nation is defacto bankrupt. The states
are also defacto bankrupt. They’re talking about bankruptcy enabling
legislation for the states. There are many cities and municipalities in the
states are defacto bankrupt (they can declare bankruptcy as the law currently
stands). NYT
Reports States Looking For Ways To File Bankruptcy, Muni Bondholders To Be GMed
A few days ago we reported that Newt Gingrich was pushing for legislation
to allow states to file for bankruptcy, “allowing Them To Renege On Pension And
Benefit Obligations.” Path
Is Sought for States to Escape Debt Burdens Policy makers are working
behind the scenes to come up with a way to let states declare bankruptcy and
get out from under crushing debts. Drudgereport: BANKRUPTCY FOR STATES STUDIED
CA DECLARES EMERGENCY
Facing $1.6B shortfall, San
Fran pays employees $170 million in bonuses... …From tonight’s
NYT: Beyond their short-term budget gaps, some states have deep structural
problems, like insolvent pension funds, that are diverting money from essential
public services like education and health care. Some members of Congress fear
that it is just a matter of time before a state seeks a bailout, say bankruptcy
lawyers who have been consulted by Congressional aides…’ ]
Hezbollah
gets support of Druze leader (Washington Post) [ Is this a direct outcome
and consequence of israeli belligerence, war crimes, and america’s alliance
with and hence, apparent endorsement of such by america which also has
bloodstained hands from numerous civilian deaths in the region. Yes! After all,
no one would reasonably deny Hezbollah’s a**-kicking of israel in their fairly
recent ‘encounter’. ] The armed Shiite movement received a major boost in its
efforts to form a new government in Lebanon when a potential kingmaker swung his
support behind the group and its allies.
A
dim view of America's ability to compete in global economy (Washington
Post) [ Yeah … and I’d say, realistically speaking, that ‘slightly more than a
third’ are wrong. It’s a bit late in the game to be lamenting irrevocable
choices, decisions made, mostly for money to the interested few and the frauds
on wall street who cheered. This and worse coming is what it is and more
importantly, the way it is. Fait accomplis, not for better or for worse, but
realistically unlike never before in america’s short history, for much
worse. ] Barely more than a third of
all Americans rate the country's ability to compete economically in positive
terms, according to a new Washington Post poll.
Bank of America posts $1.2B loss for fourth quarter of 2010 (Washington Post) [ Today (after the wall street close) : Four U.S. bank failures bring year's total to 7 Could it be … BofA ‘hearing footsteps’? … Naaah … they’re too big to fail. ] The toll from the housing crisis could continue to drain billions of dollars from nation's largest bank.
Four U.S. bank failures bring year's total to 7
Do You Believe in the Bernanke Put? [ Yes! I agree with the dire
assessment infra except that it will be more than tears as in that, ‘There Will
Be Blood (film name)’ … and not just in the streets. ] Hui ‘Earlier this week Gluskin Sheff Chief Economist David
Rosenberg wrote an article in the Globe and Mail entitled Why
this rally will end in tears.
Last week, Rosenberg called the current state of the financial market a Wile E.
Coyote market, or a market that seemingly ignores the major macro-economic
risks that could blow up the global economy.
We have an incredible bear market rally on our hands.
History shows that these spasms can go further than anyone thinks. But after
the U.S. market staged a monstrous 80-per-cent-plus rally from its March, 2009,
lows (the most pronounced bounce in such a short time since 1955), it has
become seriously overextended. Meanwhile, practically every pundit is
extrapolating the recent trend into the future because that is the easy thing
to do.
Most investors see only the recent returns; they do not see the nearly
invisible risks. But the risks are there. I recall all too well the 2003-07
bear market rally – yes, that is what it was. It was no long-term bull run such
as 1949-1966 or 1982-2000. It was a classic bear market rally, and it ended in
tears because what drove the market upward was phony wealth generated by a
non-productive asset called housing alongside widespread financial engineering,
which triggered a wave of artificial paper profits. [picture]
He
went on to detail his concerns about the future (which I paraphrase):
- Rising oil prices may derail the fragile US
economic recovery
- US housing fundamentals are poor and
deteriorating
- US unemployment is skyrocketing and remains a
social and economic problem
- US State and local government cutbacks will be a
drag on the American economy
- US debt ceiling and possible default
- Excessive debt in the global economy, with the
European periphery a special concern
- Food inflation in the emerging market economies,
especially in China, which could lead to the Chinese authorities taking
steps to cool down its overheated economy – leading to a global recession.
When will it be time for QE3?
While I would tend to agree with many of Rosenberg’s concerns about the
macro-economic risks to this upturn, most of the risks in his outline are
economic in nature and could be addressed by central bank action. In such a
case, the question for investors has to be: Were any of these negative outcomes
were to occur, would the Bernanke Fed respond with another round of
quantitative easing? In other words, is there a Bernanke Put in the market?
I believe that the future trajectory of the global economy and asset prices are
highly policy dependent. While I have my opinion, I am not confident enough in
them to be a basis for investment decisions. That’s why I depend on the
discipline of the Inflation-Deflation
Timer Model, as the underlying philosophy is to allow market prices to tell
us the likely direction of policy and price trends, which in turn, allows us to
be more tactical and able to capitalize on the intermediate swings in the
markets’
Market
Outlook: 10 Reasons to Expect a Correction Seeking Delta ‘The
S&P 500 is down a little more than 1% in the last two days despite largely
positive economic data. As Cullen Roche so eloquently stated earlier this month:
But the market isn’t the economy. Main Street isn’t
Wall Street. And the market is a heartless beast that desires one thing and one
thing only- PROFITS!
What follows are the ten reasons (in no particular
order) why I am cautious here, as I see the 1% dip over the last two days to be
the beginning of a larger correction.
1. Another Earnings Season Sell-Off?
During some point in the past four earnings seasons
the S&P 500 has sold off significantly. The trend has been to rally into
earning, then to sell the news. Chart, via WSJ.
click to enlarge
2. Investor Sentiment
Both individual and professional sentiment remains
high, as measured by AAII and
NAAIM, respectively.
Both readings are currently higher than one standard deviation above historical
average bullish readings. Contrary indicator: historically returns are less
favorable when sentiment readings are high.
3. Too Far Too Fast?
The current 22 month rally from the March 2009 lows
has been 90.1% (click on chart to enlarge). The average 24 month rally
to start bull markets is 56.1% with the next closest rally being 65.7% starting
in October 1974. Have we come too far too fast? Chart and data via The
Big Picture. [chart]
4. Low and Declining Put/Call Ratio
Since late 2003, when the 20 day rolling average
put/call ratio has fallen below .55 (roughly 1 standard deviation from average)
the average 30 day returns are -2.2% (-0.7% median) versus a series average of
0.2% (0.8% median). The current 20 day average put/call ratio is .52. The last
time the ratio dropped below .55 (April ’10) the market sold-off roughly 14%
over the next month-and-a-half. Chart
here.
5. Equities Running Out of Breadth?
The ratio of the number of stocks gaining versus the
number declining is struggling to regain 2010 levels. Data
Diary suggests:
that the market has been gaining ground on the backs
of fewer and fewer stocks. We could interpret this as more and more stocks are
bumping up against valuation constraints – or put another way, valuation
multiples can only move so far ahead of earnings growth.
6. Short Selling of Securities in the S&P
500 at 1 Year Low
Per Data Explorers.
Potentially a contrary indicator – have the shorts thrown in the towel?
7. Tom DeMark Says U.S. Stocks Near Significant Decline.
Mr. DeMark, the creator of a set of Market-timing
indicator, is calling for a decline of “at least 11%.” The last time his
indicators gave a sell signal was mid-2007. Needless to say, the last quarter
of '07 and '08 were not a good time to be in equities.
8. Consensus of 11 Strategists Surveyed
by Bloomberg Says S&P 500 to Rise by 11% in 2011.
Contrary indicator?
9. QE Ending in June, Maybe earlier?
There is some pressure, as the economy recovers, that
QE is no longer needed. I would be surprised if QE2 ends in June, as scheduled,
let alone early. But if it does, watch out.
10. Low Volume Rally
Volume has consistently trended down since the
beginning of the March 2009 rally (click to enlarge).
[chart] ‘
Freaky Friday - Alpha 2 Says 'Cliff Ahead'
The Mafia
family tree: FBI flowchart reveals
127 'mobsters' arrested in biggest ever blitz on New York's crime empires [
This is a very big deal! ]
Largest-ever
Mafia sweep makes nearly 120 arrests (Washington Post) [ Geeh! Who woulda’
thunk it … still mafia in new york ( jersey )? Why, with all the prosecutions
by gov. elect cuomo as n.y. attorney general (aught, naught, nil, nought, none,
nada, null, zilch) one might have thought there was almost no such thing of
mafia in new york (/ new jersey – same no pros scenario) anymore. Then again,
former n.y. gov. mario cuomo’s primary sole law practice client(s), cement and
concrete … well, if only the name was vito corleone and as with 1 client tom
hagen of ‘godfather’ fame … well, you get the picture. Drudgereport: FBI Rounds Up 127 Mobsters in
Biggest Mafia Bust in New York History…( This is great news and music to my
ears! I really hate the mob … I really do! Hats off to the FBI! ) ...
MOB Bust So BIG they're being
held at ARMY Fort...]
Federal and state agents arrested nearly 130 reputed mafia members from
seven East Coast organized crime families on Thursday, the largest coordinated
arrest in the FBI's quarter-century crackdown on the mafia, the Justice
Department said.
Karzai delays parliament's inauguration as court
investigates electoral fraud (Washington Post) [ Pervasively
corrupt, defacto bankrupt american-style democracies and heroin production
breakin’ out all over the american mideast war zone. ]
Fed
sees mixed picture (Washington Post) [ ‘Mixed picture’ … there you go …
kind of covers all bases … not like their absolute ‘no recession’
prognostication (which great recession / depression continues in real terms
when you take out, look through the worthless paper (currency, assets,
securities, etc.), obfuscation and b*** s***. Unnerving? Well, the grim reality
does bite; but, I’m not so sure they even see it, or more likely, they choose
not to look. Nerve? Yes, I’d say they’ve got nerve … as in gall, audacity,
chutzpah, etc., for foisting off on america (and the world) this ultimately disasterous
wall street welfare program. ] As the Fed gears up for its first meeting of
2011, policymakers are trying to make sense of an economic picture that is
encouraging yet unnerving.
First
lady, Wal-Mart partner on healthy foods program (Washington Post) [ Of
wal-mart’s (and wall street’s) rise, and main street’s (and america’s) demise;
the story goes something like this. As China’s american based seminal sales
agent / distributor of Chinese goods (cheered by fraudulent wall street),
wal-mart is well positioned to assist in american dietary matters; as, for
example, the less to no food diet, as in increasingly impoverished, defacto
bankrupt america eating less because they no longer can afford more (on bushes,
clintons, wobamas, etc.). ] As the
world's largest retailer, Wal-Mart is in a unique position to influence the
practices of suppliers.
Hu
offers assurances to U.S. business leaders (Washington Post) [‘Chinese
leader presses Congress to do more to lift U.S. controls on exports to China’.
Yeah! Sounds like a plan! After all, they’ve gotten everything else, including
some of that top-level-security stuff (remember that missile guidance tech,
etc.), and not surreptitiously. All out in the spankin’ wide open as america (n
execs, political and corporate) ‘took the dive for that short-end money (but lots)
and a one-way ticket to palooka-ville’!
] In a speech, Chinese leader presses Congress to do more to lift U.S.
controls on exports to China.
Israeli
human rights groups sound alarm (Washington Post) [ As indeed they should!
As a war crimes nation along with pervasively corrupt, defacto bankrupt
america, israel has much to lose by exposure of their pervasive crimes though
the entire world is aware of same including illegal nukes! … Ie., Accountability is unclear in israeli probe of flotilla
raid (Washington
Post) Oh, come on! An israeli probe of an
israeli massacre of civilians. Time for israel to pay; for illegal nukes, for
violations of international law, for continued violations of u.n. resolutions,
for provocations as pretexts to sabotage peace talks, and on and on ad nauseum.
Why does america among other nations feel compelled to sacrifice themselves for
the sake of a global criminal nation with an insatiable greed and blood-thirst
as israel? ] An
initiative in the Israeli parliament this month to investigate the funding of
local human rights organizations has intensified debate here about the role of
the groups, which critics have accused of harming Israel.
Business
leaders meet with Hu, Obama to address trade issue (Washington Post) [ Oooooh! … Sounds like a plan! … For Chinese
regression … I don’t think so … Trade
With China?: 25 Facts That Prove That China Is Kicking Our Rear Ends Do you
believe that trade with China is a good thing? Well, you might not be so sure
after you read the 25 facts listed below. The truth is that China is kicking
our rear ends all over the planet … Drudgereport: GE CEO: China one day will be
world's biggest economy… daaaaah! ...
Obama: 'We Welcome China's
Rise'...
Careful to avoid criticism... ] The
show of corporate might reflects the intense focus on the economic relationship
between both nations.
Goldman
Sachs's profit drops by 52% in Q4
(Washington Post) [ Before everyone starts shedding tears, let’s realize
that those bonuses and compensation packages come off the top… Bank
giant Goldman rewards staff with €11.4bn Independent.ie | Wall Street banking giant Goldman Sachs revealed
today that staff earned a total of $15.4bn (€11.4bn) in pay and bonuses last
year. ] The decline in Goldman's bottom line is all the more striking
because it contrasts with huge gains at other financial firms. As the financial
sector continues to climb out of a historic hole, the numbers reflect a divide
between Wall Street and Main Street.
[Previous: … Jobless
rate jumps as hiring slows (Washington Post) [ The reality is not a mystery! The nation’s been thrown under the
bus for the greater good (wealth) of the very few (frauds on wall street,
etc.); wall
street giving out record bonuses from their accomplished fraud (with
no-recession b.s. bernanke help) of $144 BILLION: Come on! This is gettin’ even
more downright ridiculous (if that’s even possible)! Pending home foreclosure /
distress sales up, oil prices (and oil stocks) up, debased dollar down, plus a
little familiar ‘better than expected’ thrown in along with prospects of a
‘no-recession bernanke’ market-frothing bull session on 60 minutes and, voila,
suckers’ rally into the close to keep the suckers suckered! What’s good for the
frauds on wall street is bad for just about everyone else which includes the
vast majority of people and businesses, domestically and globally, as current
dollar manipulation / debasement ultimately results in higher costs and loss of
purchasing power (ie., oil, etc.). Clearly, this is one of those fraudulent
wealth transfers to the frauds on wall street et als which will ultimately be
paid for by those who least are in a position to afford it, courtesy of the
ever more worthless Weimar dollar, etc., inflating earnings, eps, lowering p/e
multiples, etc., see infra. This is an especially great time to sell / take
profits while you can since there's much worse to come! Previous: Rosy numbers
on consumer sentiment, unemployment (far better than private forecasts) from
the government prior to the holiday so-called ‘shop till you drop’? How can
anyone believe anything they say? Najerian interviewed by Motek chimes in with
the reason for good retail cheer; viz., people have stopped paying their
mortgages and are using the funds to purchase retail goods; while Davidowitz
adds that with record numbers of americans on food stamps, real unemployment at
17+, and wall street giving out record bonuses from their accomplished fraud
(with no-recession b.s. bernanke help) of $144 BILLION … the high end stores / jewelers will do well
… daaaaah! And, with insiders and wall
street frauds selling into the bubble as preceded last crash, this is an
especially great opportunity to sell / take profits! ]
Obama
presses (as in pressing Mr. Hu’s pants) Chinese leader on rights At
summit, Hu admits his nation needs to make more progress (Washington Post) [ Riiiiight! … Mr. Hu says
with utmost sarcasm to continued perpetual war president, in the mold of dumbya
bush though national u.s. defacto bankruptcy, viz., ‘wobama the b (for b***
s***)’. White
House more hard-nosed about Chinese government / Hu
to face a tougher Obama administration (Washington Post) [ Please … don’t
make me laugh … and, are you sure you didn’t mean more ‘brown-nosed’ about the
Chinese government. This is starting to sound like seed material for the
Weekend Update SNL skit segment, ‘REALLY’. I mean, really. Does anybody believe
this? Come on … I don’t think so! ] Analysts say President Hu Jintao is eager
to burnish his legacy, but he will find a White House that views his government
with misgivings.] [Drudgereport: Currency system
'product of the past'...
HU QUESTIONS FUTURE
OF DOLLAR
RISING DRAGON: China on equal
footing with USA as Hu visits Washington...
GE CEO: China one day will be
world's biggest economy… daaaaah! ...
Obama: 'We Welcome China's
Rise'...
Careful to avoid criticism... ] President
urges counterpart to allow more freedom and open a real dialogue with the Dalai
Lama, and raises the case of imprisoned Nobel winner.
[ It should be noted that the paranoid
american criminals have once again, this time by way of hack via microsoft (willing accomplice as was att of jersey /
dumbya bushland – deleted / I caught the problem and have also installed
opensource.org which I strongly recommend (at least a look – won’t disappoint –
I used same for the archived PDF post files) is free and a breeze to use and
though compatible with word and a multitude of other formats, for now on these
specific web site documents (I have image folders already linked which would
require at least a look) it’s easier and faster for the time-being for me to add
to the existing documents with word; but as is so of america, microsoft’s a
dinosaur) gave me a few problems, serious enough to require a redo, which I
have corrected / overcome; but believe me, I won’t forget it! They will be
sorry! ]
Afghan drug war stumbles
(Washington Post) [ Stumbles? As in ‘accidently on purpose’? Or, alternatively,
among the few american wars that never was. After all, the Taliban had all but
eradicated the heroin trade. Moreover, post-invasion, bush’s order to destroy
the poppy fields was countermanded by the pentagon and of course, not by
chance, the heroin production / trade in Afghanistan has been reinvigorated,
resurgent, and never been greater (the substantial raison d’etre for u.s. war /
occupation there – that ‘benefiting the few’ thang – as in Vietnam where body
bags of dead u.s. soldiers were used by u.s. ops, cia, etc., to smuggle the
heroin out). The tenor of this article is an insult to intelligence
everywhere. ]
Rendition:
Where the War on Terror Meets the War on Drugs Patrick Henningsen
| It’s time to ditch the policies we have come to tolerate for decades before
they consume what is left of our moral core. I’ve experienced the corrupt
inter-relationship of the government (all 3 corrupt branches) and the illegal
drug trade / obstruction of justice / bribery first hand, particularly the
courts / u.s. attorneys offices (ie., alito – now u.s. supreme court justice –
quid pro quo for his complicity / cover-up), feds; see immediately after article
excerpt for links / summary.
…“Evidence points to aircraft – familiarly
known as “torture taxis” – used by the CIA to move captives seized in its
kidnapping or “extraordinary rendition” operations through Gatwick and other
airports in the EU being simultaneously used for drug distribution in the
Western hemisphere. A Gulfstream II jet aircraft N9875A identified by the
British Government and the European Parliament as being involved in this
traffic crashed in Mexico…” In 2004, another torture taxi crashed in a field in
Nicaragua with a ton of cocaine aboard… Mexican soldiers found ..132 bags
containing 3.3 metric tons of cocaine. The origination of the Gulfstream’s
flight is unknown but it was destined for Cancun when it crash landed. Again,
here is the important point: that same Gulf Stream II was one of the very same
planes chartered to the CIA for the rendition of suspected terrorists
prisoners. Gulf Stream II crashed in Mexico with 3 tons of
cocaine on board ..it should not be surprising that this illegal practice of rendition
has in some part, been used as a well-run smokescreen for another
borderless illegal operation- an extremely lucrative international transfer and
delivery of cash and narcotics.,,These
flights are not subject to regular customs checks, inspections or normal
regulations as they move seamlessly between destinations in the US, Britain,
Europe, Middle East, Central Asia, Cuba and possibly through US bases in
Turkey, Greece and Morocco…
Corrupt u.s. courts /
judges: Their lifetime plush appointments should be abolished, which corrupt
entities are unheard of in productive societies as China, Japan, etc.. Time to
abolish these drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her
brother’s casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.).
[ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation.
NSA beats
warrantless wiretap rap A Federal judge has dismissed a complaint against
the National Security Agency’s (NSA)
Corrupt u.s. courts /
judges: Their lifetime plush appointments should be abolished, which corrupt
entities are unheard of in productive societies as China, Japan, etc.. Time to
abolish these drags on society and eliminate their lifetime stipends and
corrupt costly bureaucracies.
There must be such things
as parallel universes (I don’t really believe that, because there isn’t) or how
else do you explain the disconnect between reality, current and prospective,
and the wet dreams posited to keep the war funding / corporate welfare programs
alive in collectively what has already become a trillion dollar boondoggle (not
counting prospective medical costs, etc.) and promises to go much higher. Even
israel apologist Cohen of The Washington Post alludes to the Vietnam analogy.
However, even if there were real goals beyond the poppy / heroin trade which
the Taliban had all but eradicated (there isn’t); even if america wasn’t
defacto bankrupt (america is); even if america wasn’t killing innocent
civilians in large numbers (war criminal nation america is); even if america’s
allies haven’t similarly helped to bankrupt themselves by way of this war (they
have); even if I hadn’t told you so (I did) ….. this war still was, is, and
remains a very bad idea!
Afghan
war overtakes Vietnam to become the longest conflict in U.S. history Mail
Online | The war entered its 104th month yesterday, with 30,000
American troops being deployed in the first half of this year alone.
Consumer
spending rises, but less than expected (Washington Post) [ Almost all the
economic news has been worse than expected yet the stock market has continued
its rationality/gravity-defying ascent. That ominous disconnect between wall
street and main street among other current and prospective victims of the
current bubble / fraud which the frauds on wall street and insiders commission,
churn-and-earn at lightning computerized high-frequency trading speed and
ultimately sell into. It’s the now familiar story on fraudulent but apparently
immune from prosecution wall street. Moreover, all that pomo / fiat paper
currency printing has just begun to take its toll (see infra)] . Giving
retailers the gift of sales growth for the sixth consecutive month, consumers
flex their spending power in December. Nations
seek to keep lid on food prices (Washington Post) [ It’s not just food
prices and one thing is certain; there’s much worse to come and resisting the
insurmountable record deficit ridden, pervasively corrupt, defacto bankrupt
american propaganda is a first step to understanding how bad, as in
unprecedented. Drudgereport: $100 OIL: DEAL WITH IT
Rising Gasoline Prices Put
Consumers in Sour Mood...
UK WARNING: OIL PRICES MAY KILL ECONOMY AND THE COALITION...
[ No! It’s the debased, over-printed u.s. et als fiat currency which is killing
the economies though masked by the fraudulent wall street feel good, for them,
bubble and which lends credence to the calls for a new world reserve currency,
ie., juan, etc. ]
EYES ON OPEC...[
Beyond the propaganda, the eyes should be on the complicit, fraudulent fed and
the ‘printing presses’ of and for the debased currencies. This is not OPEC’s
doing but rather an economic axiom which requires that a precious commodity
increase in price when the debased paper currency in which it is measured
decreases in value (as now with over-printing, over-creating for ultimately the
exclusive benefit of the frauds on wall street). ]
Feds threaten to sue states
over union laws … [ but hands off the frauds on wall street they say ] ...
Comprehensive List of Tax Hikes
in Obamacare...
FT: What chance a US default? ]
Faced with rising international food prices, governments around the
world are cooking up measures to protect domestic supplies and keep prices from
rising at home. Related News
The
Teflon Market Is Here [ Just ask the ‘Teflon Don’ … oh, right … he’s dead …The
pervasively corrupt frauds on wall street, the fed, and the u.s. government are
desperate to evade their unequivocal responsibility and overdue punishment (prosecution,
fines, jail, disgorgement) for the last
and ongoing (toxic, worthless paper assets now marked to anything) fraud
diverting attention from their own culpability for the prior bubble/crash and
on-going financial / economic crisis, america’s worst economy and prospects in
america’s relatively short history with this contrived bubble exceeding that
precursor to the last crash; “this has never happened before, in 82 years of
history”, and a crash is what’s a-coming. This is nothing short of pathetic
desperation that typifies the last gasp of the dead and dying, figuratively of
course. ] Roche ‘Calling this a
“bullish” run might be a bit of an understatement. There has been an
unprecedented bid under the market since August 2010. The Bernanke Put is well
entrenched in everyone’s minds. This week ’s spike in jobless claims was not
enough to cause risk appetite to temper as it likely just reminds investors
that rising claims are what led to QE2 to begin with. Indeed, this is a Federal
Reserve that will not allow equity prices to falter to any substantial degree.
Nominal wealth creation has become the rally cry of a group of economic
thinkers who truly have no idea how to create sustainable economic growth.
The
stats behind this bull market are even more remarkable than the rally itself
appears. As I noted in December the market literally could not
decline. But the data since then shows an even more untouchable
market (via ZeroHedge):
“As a point of reference the S&P
has been above the 10 day average for 30 days straight, and above the 50 day
average for 92 days straight. What is remarkable are some statistical findings
that pertain to the average’s movement with respect to the SMAs. Sentiment
Trader points out that while as part of the recent surge in the
S&P, the market has gone for “92 days without closing below its 50-day
average, which has been matched only 17 other times since 1928.” Where
it gets scary, is that as pointed out, during this time the market has not
closed below the 10 DMA once during the past 30 days. And as Sentiment Trader
notes, “this has never happened before, in 82 years of history.”
Not much else needs to be said. The
teflon market is here.
Update: Some additional thoughts from Jeff
Saut:
Herb Stein once remarked, “If something
can’t go on forever, it won’t!” And, the current “buying stampede” is now 90
sessions long, making it the longest one ever recorded in my notes of more than
40 years. Combine that with many other “finger to wallet” indicators suggesting
caution and I am currently just sitting. Indeed, sometimes me sits and thinks
and sometimes me just sits. As the astute Lowry’s organization opines, “Our
last short term sell-signal for aggressive traders was triggered on December
30th, when the 14-day Stochastic indicator dropped from overbought levels and
crossed below its moving average. A conventional short term sell-signal, for
culling selective stocks [from portfolios], was registered as of
today’s market close (last Friday), when our Short Term Index dropped a total
of more than 6 points from its recent high of 104.” ‘
Lawmakers
consider slowing Virginia foreclosure process (Washington Post) [ Yeah, and you really have to take them
seriously when they say that because in alphabet soup kitchen (ie., cia, nsa,
dod, doj, etc.) country (which I’ve directly experienced along with the corrupt
process in at least 4 other states, see infra, the law is as malleable and arbitrarily
enforced or not as they want it to be as in any defacto bankrupt banana
republic as pervasively corrupt america certainly is today …Previous: Judges
rule without title, lenders can't foreclose (Washington Post) [
Rules of law? I didn’t think they cared. That’s certainly the direct experience
I’ve had with the pervasively corrupt american legal / judicial system (along
with the other two branches of the u.s. government and defact bankrupt america
generally). Court decisions could call into doubt the ownership of mortgages,
raising urgent challenges for both the real estate market, wider financial
system. Connecticut,
California join probe of Ally (Washington Post) [I’d be much more impressed if they initiated a probe of more
readily discernible criminal offenses in violation of the RICO Act (Other newark / new jersey and new york, n.y. metro, viz., ie.,
connecticut, and of course, d.c., d.c. metro, viz., ie., virginia experience …
corrupt federal judges as maryanne trump barry, sam alito, shiff, matz
(california), hall, underhill, dorsey, etc.. Defacto bankrupt america’s
so-called system is pervasively corrupt and broken (AP) Abolish the corrupt, costly, economically
wasteful lifetime extravagantly appointed federal courts - see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ] http://albertpeia.com Frauds/Liars
(sic-lawyers)Covering Up for Other Frauds/Liars (sic-lawyers). In Productive
Societies as China, Japan, etc., Fraudulent Liars (sic-lawyers) and the
Fraudulent u.s. System They're a Part of Are Unheard Of/Non-existent. List of
Files Regarding Filed Attorney Grievance Against Fraud coan et als Or
Here For A Clearer View Of Filed
Grievance Complaint, Response, Exhibits, and Related RICO Filings Note the Committee of
Frauds/Liars (sic-lawyers). Included are DOJ Rep., State Court Rep., State
Atty. General Office Rep., and even a Vegetable Garden yale law prof who
probably never practiced law in his life. How Pathetic! http://albertpeia.com/fbiofficela91310
] Justice:
FBI improperly opened probes
(Washington Post) [
I just hope they’re as zealous (in probing readily discernible crime) with
regard to my RICO matters and the corruption in the (judicial / legal) process
since, in the final analysis, it will have been the corruption within that will
have brought the nation down irrevocably and totally.] Homeowners,
who now face one of the fastest foreclosure processes in the country, would be
given more time to defend themselves under one proposal.
UK WARNING: OIL PRICES MAY
KILL ECONOMY AND THE COALITION... [ No! It’s the debased, over-printed u.s. et
als fiat currency which is killing the economies though masked by the
fraudulent wall street feel good, for them, bubble and which lends credence to
the calls for a new world reserve currency, ie., juan, etc. ]
EYES ON OPEC...[
Beyond the propaganda, the eyes should be on the complicit, fraudulent fed and
the ‘printing presses’ of and for the debased currencies. This is not OPEC’s doing
but rather an economic axiom which requires that a precious commodity increase
in price when the debased paper currency in which it is measured decreases in
value (as now with over-printing, over-creating for ultimately the exclusive
benefit of the frauds on wall street). ]
Feds threaten to sue states
over union laws … [ but hands off the frauds on wall street they say ] ...
Comprehensive List of Tax
Hikes in Obamacare...
FT: What chance a US default?
Downwardly
mobile in D.C. area (Washington Post) [ Well said, I love this … except,
not so limited to the d.c. area, but rather applicable to 21st century america
in general … the ‘downwardly mobile thang’ … except as to the relatively few as
to whom no laws nor rules of civilized behavior apply in any meaningful way …
you know, the ones who’ve plundered this nation, this nation’s treasury, this
nation’s people, and all the while plundering other peoples in other nations to
facilitate the schemes used in plundering the people of this nation (wall
street, the 3 strikes branches of government, war profiteers, etc.). ] For millions of Americans, the recession
has knocked them down the socioeconomic ladder. ANALYSIS
| Palin's 'blood libel' comment backfires Washington Post) [ God knows I’m no fan of sarah palin’s
although I am constrained to admit that as a fan of Saturday Night Live, I do
appreciate her contribution to comedic content in the show. That said, this new ‘tempest in a teapot’ of
her own making is a bit overdone. After all, it should be common knowledge by
now, to put it mildly, that she is quite dumb; and, like that burnt out, dumb,
war criminal and moron, dumbya bush (see , ie., bushisms from bush the
brain-damaged moron http://albertpeia.com/bushisms.htm),
she also has trouble with words; more specifically, the meanings of words. But
it is also true that wobama and his ilk have trouble with words and their
meaning, particularly when those spoken words are measured against what he
does, his ilk never seeming to discern the glaring difference … wobama the ‘b’
for b*** s***. Lamentably (by her) and unexpectedly for palin was her failure
to fully understand ‘that jewish thing’ attached to the phrase and the tender
sensibilities of those who previously have been among the ranks of what seems
more and more to be a somewhat offbeat fanclub of sorts. Yeah, that ‘never hear
the end of it’ jewish stereotype of paranoid sensibilities to religious /
ethnic prejudice / slur behind some word, phrase, or even a sneeze (spielberg’s
childhood memories) can wind up turning around and biting you in you’re a** !
Previously: Krauthammer: Beyond
Ariz., a reckless charge
(Washington Post) [ If it were only that simple; viz., a palin ( I’ve
previously said I’m more concerned with her level of stupidity, dumb enough in
an infantile way to prove she had gonads by pressing the button – never goin’
to happen, her being in that position), a beck, a bush, a wobama (Drudgereport:
OBAMA FLASHBACK: 'If They
Bring a Knife to the Fight, We Bring a Gun'... ), etc.,
there’d be hope for pervasively corrupt defacto bankrupt america. The fact is,
the problem is inherent to america / americans themselves as I previously wrote
here and reiterate: Will: Half-baked
explanations for tragedy (Washington Post) [ Half-baked? Charlatans? The
foregoing are in no short supply in defacto bankrupt, meaningfully lawless,
pervasively corrupt, fraud prevalent america. See, for example, RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm . Moreover, Mr. Will as an oftimes
apologist for war criminal, pervasively fraud-prone, defacto bankrupt, etc.,
america, with crime rates exceeding by far those of any other so-called
civilized nations, might indeed find himself among those he’s so categorized.
Among the last separate page sections to my website will be a somewhat detailed
psychoanalytic evolutionary profile of the u.s. (one might ask who am I to do
so which is fair comment to which I would reply, read it, or not, your choice).
However, for the nonce, let me say that the it is no small coincidence that the
20th century has been dubbed ‘the american century’. That the 20th
century has been considered the bloodiest is at once the natural concomitant of
the foregoing reality. Keeping in mind the so-called ‘selective’ processes in
both insurance (adverse) and evolutionary (Darwinian) terms, and as well, the
psychology of it all from a behavioral perspective, america has indeed evolved.
From the genocide of indigenous populations, to outlandish propaganda in
support of same (ie., that ‘manifest destiny’ balderdash with overtones of
religiosity spoonfed since elementary school, etc.), to contrived conflict /
war, such, euphemistically bad behavior has been reinforced, some of which
conditioning not always purposeful, ie., the ever greater frauds perpetrated on
wall street for which there have been in large part no real punitive
consequences to the perpetrators; but, to the contrary, great financial rewards
though substantially detrimental to the majority. Despite the surface appeal,
that oft asserted ‘blue-blood’ distinction doesn’t pass muster. Aside from the
few seeking seeking religious freedom (ie., Puritans among some others), most
then new americans were such disaffected rejects of their former homelands that
desperation at best was motivation for travel to the wilds of the ‘so-called
new world’ as opposed to intelligent, rational choice; criminals, mentally ill,
the not-so-bright but ruthless populating the new nation in disparate numbers
toward the ends consistent with greed and common criminality, corruption, and
venality. As of the age of the dinosaurs, the american century has passed into
the annals of a history replete with self-generating terrorism within and
without (that blowback thing). DRUDGEREPORT:
NATION SHOCKED: CONGRESSWOMAN
SHOT IN TUCSON
]
Clinton pushes for economic and political
reforms in tour of Middle East (Post, January 13,
2011) Clinton
expresses solidarity with Arabs on Mideast tour
(Post, January 13, 2011; 4:05 PM) Diehl: Mideast
threats that can't be ignored (Washington Post) [ Amazing what not running
for prospective office can do for balanced thinking, but still not quite. After
all, who doesn’t know outside of america / israel that the biggest Mideast
threats are … america / israel and those nato allies that are but lapdogs of
the former. Moreover, some real scrutiny of and self-analysis by the aforesaid
is in order before purporting to be advisors to any nation at all. ]
Tax
cuts hinder Obama's plans (Washington Post) [ Plans? What plans? Wobama’s
become the proverbial gumball machine; viz., put a nickel in, get a gumball of
your choosing. Even his teleprompter has more integrity / credibility than he.
Campaign promises, words, plans based on both, are nowhere to be found in the
failed presidency of wobama in wobamaland.
] Without deeper budget cuts or fresh revenue, officials will have a
tough time meeting the president's targets for tax-code overhaul and deficit
reduction.
U.S.
urges China to open market, heed intellectual property laws (Washington
Post) [ Pretty please,with a cherry on top, and lots of sugar … that’ll work …
riiiiight! After all, based upon realities, economic, financial, geo-political
(– that perpetual war thing and america’s pervasive corruption / fraud from
wall street to all three brances of the u.s. government and ops, see, for example, RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) who should be giving whom
advice. ] Commerce secretary says
Beijing's policies of protecting domestic industries will no longer suffice.
Henry
Kissinger: Our
challenge with China (Washington Post) [ Boy … talk about playing both
sides of the fence … H.A.K. as in hack … as in a blood-sucking leach of a
political hack! To the point, kissinger is a self-interested, greedy zionist
whose professional advice to war crimes nation israel has included cordoning
off illegal israeli occupied Palestinian territories and massacreing indiscriminantly
and completely the people, innocent men, woman, and children, therein. That
China’s rising and pervasively corrupt, defacto bankrupt america’s in
ineluctable decline is a foregone conclusion; and, even more to the point, in
no small part owing to kissinger’s efforts / policies on his patrons’ (that
economic shift to China cheered enthusiastically by ceos and wall street alike)
and particularly his own behalf. Little late to the party, mr. hak … after all,
what precisely did he do … that kissinger associates thing … for the money …
worse than those ‘run-of-the-mill’ lobbyists in d.c. (among the other alphabet
soup kitchens, cia, nsa, et als, think stink tanks, etc.). That america will
try to stop China’s rise is almost the natural concomitant to perpetual war /
pervasively corrupt / defacto bankrupt america’s intractable decline is also a
foregone conclusion. That either nation would be dumb enough to embark upon a
collision course of self-immolation is not (although america’s self-destructive,
in addition to destructive tendencies is a reality lost on no one). ]
Contours
of a large and lasting American presence in Iraq starting to take shape
(Washington Post) [ Wow! Sounds
like a plan … though hardly embraced by all; viz; the vast majorities in Iraq,
Afghanistan, and defacto bankrupt america are against this with dire
prospective consequences to follow. U.S.
Promises to be in Afghanistan Beyond 2014 [ Defacto bankrupt america can
afford it! Riiiiight! Sounds like a plan … for enhanced heroin production, war
profiteering, etc., benefiting the few to the detriment of the many. ]New
York Times | Biden met with Karzai and promised a lasting American
commitment to the country well beyond 2014, when NATO forces are scheduled to
turn over security of the nation to Afghan forces. ]
Treasury
secretary urges China to accelerate currency reform (Washington Post) [ Riiiiight! Well that
sounds like something the Chinese will buy into, coming from defacto bankrupt
america … sounds like a plan … for fantasyland! ] Beijing’s policy is hampering
U.S. competitiveness and harming the Chinese economy, Geithner says.
Economic
recovery is on track (Washington Post) [ What? That (as per fed)
no-recession recession (depression) thing’s over. Certainly for the frauds on
wall street who caused the thing in the first place that’s true with the new
bubble and at what now insurmountable cost
(record $14 trillion plus debt – Faber: US will be using 30% of total
tax revenues just to pay interest on the national debt within a few years …
see, infra … )Fed's beige book reports gains in manufacturing and retail
sectors. Housing industry remains weak.
E.U.
seeks to expand bailout fund to calm markets (Washington Post) [Nyaradi
The
Sick Man Tries to Save the Terminally Ill (
I can’t recall the specific phrase, but applied
here it goes something like this, ‘Japan with
a debt to GDP ratio of 200% is going to save Europe, but who’s going to save
Japan’. Let’s get real
here as the u.s. house-building with decks, as in Titanics and reshuffled /
rearranged deck chairs, of cards, as in ‘houses of cards’, becomes insanely
ubiquitous worldwide and will systemically (now globally) end quite badly. This
is an especially great opportunity to sell / take profits since there is much,
much worse to come. ) Nyaradi ‘It was a quiet
day yesterday for ETFs and stocks in world markets as most exchange traded
funds recovered recent losses amid reduced tensions in Europe.Incredibly,
Japan’s intent to buy European bonds was the catalyst for the more positive
atmosphere in Europe, and as the title of this article suggests, this is truly
the sick man trying to save the terminally ill…see infra… ’ ] Nations
expand the scope of the euro-zone bailout fund, saying more support is
necessary as investors worry about the prospects of Portugal and Spain.
The
Sick Man Tries to Save the Terminally Ill [
I can’t
recall the specific phrase, but applied here it goes something like this,
‘Japan with a debt to GDP ratio of 200% is going to save Europe, but who’s
going to save Japan’. Let’s get real here as the u.s. house-building with
decks, as in Titanics and reshuffled / rearranged deck chairs, of cards, as in
‘houses of cards’, becomes insanely ubiquitous worldwide and will systemically
(now globally) end quite badly. This is an especially great opportunity to sell
/ take profits since there is much, much worse to come. ] Nyaradi
‘It was a quiet day yesterday for ETFs and stocks in world markets as
most exchange traded funds recovered recent losses amid reduced tensions in
Europe.
Incredibly,
Japan’s intent to buy European bonds was the catalyst for the more positive
atmosphere in Europe, and as the title of this article suggests, this is truly
the sick man trying to save the terminally ill.
The
soap opera in Europe, like every soap opera, is getting boring. It starts with
rising interest rates and credit default swap rates which is met by the
concerned government proclaiming that they’re totally solvent and will never
need a bailout which ends up to be exactly what happens.
Portugal
will be selling 10 year notes today, Wednesday, and its ten year debt has stood
largely above 7% in recent days. When rates in Greece and Ireland hit these
levels, bailouts came within days in both cases. Italy and Spain go to the bond
trough this week, as well, and so it will be an active few days in Europe.
Bottom
line; get ready for an ECB bailout of Portugal coming soon, possibly this week.
At
home, we move into earnings season, Illinois is moving towards an income tax
increase to deal with its budget deficit while Governor Brown in California
begins to sell his austerity plans.
Daily Moves for Major ETFs:
Dow
Jones Industrials: (NYSEArca: DIA) +0.30%
Russell
2000: (NYSEArca: IWM) -0.47%
NASDAQ
100: (NasdaqGM: QQQQ) +0.41%
S&P
500 Index: (NYSEArca: SPY) +0.37%
MSCI
Emerging Markets:(NYSEArca: EEM) +1.06%
MSCI
China (NYSEArca: FXI) +1.13%
Gold
(NYSEArca: GLD) +0.59%
7-10
Year Treasuries: (NYSEArca: IEF) -0.39%
20+
Year Treasuries: (NYSEArca: TLT) -0.56%
VIX
-3.71%
U.S.
Dollar (NYSE:Arca: (NYSE:Arca: UUP) -0.08%
The
major indexes remain overvalued and overbought on a technical and fundamental
basis and so Wall Street Sector Selector remains in “Yellow Flag” status,
expecting choppy to lower prices ahead.’
Assange claims 'insurance'
files on Rupert Murdoch; Says China Top Threat to WIKILEAKS... ‘In this week's New Statesman, WikiLeaks
founder Julian Assange talks to John Pilger about Bradley Manning, his
"insurance" files on Rupert Murdoch and Newscorp - and which country
is the real enemy of WikiLeaks. To read the entire feature, pick up a copy of
this week's New Statesman available on newsstands from tomorrow. Some
highlights of the piece are below: The "technological enemy" of
WikiLeaks is not the US - but China, according to Assange. "China is the
worst offender," when it comes to censorship, says the controversial
whistleblower. "China has aggressive and sophisticated interception
technology that places itself between every reader inside China and every
information source outside China. We've been fighting a running battle to make
sure we can get information through, and there are now all sorts of ways
Chinese readers can get on to our site." On Bradley Manning - the US
soldier accused of leaking the diplomatic cables to WikiLeaks - Assange says:
"I'd never heard his name before it was published in the press." He
argues that the US is trying to use Manning - currently stuck in solitary
confinement in the US - to build a case against the WikiLeaks founder:
"Cracking Bradley Manning is the first step," says the Australian
hacker. "The aim clearly is to break him and force a confession that he
somehow conspired with me to harm the national security of the United
States." Such conspiracy would be impossible, according to Assange. "WikiLeaks
technology was designed from the very beginning to make sure that we never knew
the identities or names of people sub¬mitting material. We are as untraceable
as we are uncensorable. That's the only way to assure sources they are
protected." Yesterday, Assange's lawyers warned that if he is extradited
to America, he could face the death penalty - for embarrassing the leaders of
the US government. "They don't want the public to know these things and
scapegoats must be found," says Assange. And despite the pressure the website
has been under, reports of trouble at WikiLeaks are greatly exaggerated, claims
Assange. "There is no 'fall'. We have never published as much as we are
now. WikiLeaks is now mirrored on more than 2,000 websites. I can't keep track
of the spin-off sites - those who are doing their own WikiLeaks... If something
happens to me or to WikiLeaks, 'insurance' files will be released." The
contents of these files are unknown, but, according to Assange, "[t]hey
speak more of the same truth to power." It is not just government that
should be worried about the content of these files, however. "There are
504 US embassy cables on one broadcasting organisation and there are cables on
Murdoch and News Corp," says Assange. The attempts by the US to indict Assange
should worrying the mainstream press, he adds. "I think what's emerging in
the mainstream media is the awareness that if I can be indicted, other
journalists can, too," says Assange. "Even the New York Times is
worried. This used not to be the case. If a whistleblower was prosecuted,
publishers and reporters were protected by the First Amendment, which
journalists took for granted. That's being lost."
Goldman
Sachs self-eval calls for disclosure of operations (Washington Post) [ Self-evaluation? Goldman-sachs? Don’t make
me laugh! … Oh, right … they don’t cheat, they just steal / defraud! ] Goldman is trying to turn the page on a
bad year (as in huge bonuses … that bad … riiiight!) .
Chinese military tests fighter jet ahead of
Hu's meeting with Gates (Washington Post) [ China
tests stealth aircraft before Gates, Hu meet (Post,
January 11, 2011; 6:12 PM) Chinese general to visit U.S. base in small
sign of thawing military ties (Post, January 12,
2011; 1:21 AM) Small sign of thawing?
Yeah, maybe … so small you’d need a electron microscope to see it … as gates
melted at the prospect of China’s latest new addition to their defensive
arsenal, which they can afford, as defacto bankrupt america drowns in
perpetual, contrived / self-created / self-destructive wars. ]
China's
exchange reserves hit record level (Washington Post) [ Relations, relationship, reserves. I’d say
proportional … as in terms of, ie., rationality … as in, ie., relative
abundance; viz., China having substantially greater reserves and rationality
than irrationally, pervasively corrupt, meaningfully lawless, perpetual war
despite defacto bankrupt america.
] The thorniest problem in
economic relations between the United States and China is getting worse, just
as the world's two biggest economies prepare for a summit next week in
Washington.
Meyerson: Culture
of paranoia (Washington Post) [ That ‘for us or again’ us’ dichotomy that
flourished with unbridled enthusiasm and encouragement by lesser brains
typified by burnt out war criminal and moron dumbya bush & co certainly
gained traction with the bushlander failed regimes; but, truth be told, to the
surprise of many, the same mindless approach to all things domestic and
international has under wobama’s failed regime proved to be the coup de grace,
the ‘straw that broke the camel’s back, etc.. Indeed, the continuation of the
perpetual war policy despite the defacto bankruptcy of the nation has made
wobama’s failed presidency merely icing on what has become the american upside
down cake. From no pros of the frauds on wall street to increased war spending
and runaway deficits, wobama the ‘b’ for b*** s*** has proven the more america
‘changes’ the more america stays the same … in rate of decline, that is. Talk
radio … all b*** s*** with a few convenient facts interspersed for relevance.
I’d say liberal talk radio is worse in that if they’re not comin’ down hard on
wobama (I presume they’re not), then all their rhetoric in the bush years was
hot air. And hot air is what they are which is the reason d’etre for that
little on/off switch which is all the censorship that’s needed. That’s what I
use for the blowhards … and it works extremely well! ]
Four Financial Farces That Will End in Disaster Summers ‘At this point the news out of the financial world is more insane than
… well, just about anything.
Farce #1: Japan Can Bail Out Anything.
First
off, Japan, which has a debt to GDP ratio of 200%, is bailing out Europe, which
has a smaller but equally disturbing debt problem. Yes, one broke country
(Japan) is now trying to bail out an entire economic union, despite the fact
that it hasn't succeeded in managing its own finances or economy in over 20
years.Indeed, the idea that Japan could bail out anyone when it’s failed to
create any substantial economic growth despite spending trillions of yen should
give you an idea of just how out of control the entire financial system has
become. We are literally in the end game now. Unless Martians come down and
start bailing out Earth, the Great Sovereign Default will be in full effect
within the next six months.
Farce #2: Inflation Is at 1%.
Meanwhile,
Ben Bernanke claims that inflation in the U.S. is at 1%. President Obama has to
maintain that this is a fact with a straight face next week when he meets with
French President Nicolas Sarkozy, who is witnessing food riots in Algeria due
to soaring food prices.The Fed has claimed inflation is under control for
months now, proving that its members must not eat food, drive cars, or know how
to read. Indeed, in order to ignore rising prices in the U.S., you would
literally have to not shop for groceries, not pump gas into your car, not read
the newspaper, and not have access to the Internet or any financial news
outlet.I sincerely hope that the Fed is not run by folks who fit this description,
but after reading the next two farces, I’m not so sure.
Farce #3: QE Is Working.
Various
Fed officials have stepped forward to claim that its Quantitative Easing
program has worked. Correct me if I’m wrong, but I thought the whole purpose of
QE was to lower interest rates.How then do you explain the following? [chart]As
you can see, interest rates have soared since the Fed implemented QE 2. It’s
not like QE has helped the U.S. economy either; food stamp usage has hit new
records since it began.And yet the Fed claims that QE is not only working, but
we need more of it. However, even that farce pales compared to the next and
final financial farce of today’s essay.
Farce #4: The Folks Managing the Fed’s QE Efforts Have No
Investing Experience.
Then,
of course, there’s the recent revelation that the Fed’s monetary policies
involving the purchasing of trillions of U.S. Treasuries are in the hands of
folks aged 26, 29, and 34, none of whom have any investing experience
whatsoever.And they’re in charge of buying up trillions in U.S. debt.If, at
this point, it’s not clear that the entire financial system is not a disaster
waiting to happen, then I don’t know what else to say. Indeed, our entire
system is built on fraud and managed by folks who don’t know what they’re
doing. And if you think they’ll steer us to safety, consider that around the
globe we’re already beginning to see signs of systemic collapse.Indeed, I
believe we are in fact on the verge of another round of deflation which will
take prices down across the board as the U.S. dollar rallies. However, this
period will be short-lived as it will be followed by a U.S. dollar collapse
soon after.At that point, the next stage is the paper currency collapse, the
stage at which inflation accelerates as the U.S. dollar collapses, destroying
purchasing power while inflation hedges explode higher.Some, like the most
popular picks (gold and silver bullion), will record strong gains. However,
others (the ones that 99.9% of the investment world are currently clueless about),
will go absolutely parabolic.’
Merger
would create largest U.S. utility (Washington Post) [ Well, sounds like a
plan. That trend to ‘bigger the better’ / too big to fail thing. Down only a
penny in today’s trading. I’d call that a vote of confidence by fraudulent wall
street. Why, you can almost hear the wall street frauds cheering to the tune of
that familiar cheer, ‘We must, we must … increase the nation’s potential
economic bust … the bigger the better, the lesser the vetter … the better the
government boys will like us.! ] Duke Energy announces a $13.7 billion merger
deal with Raleigh, N.C.-based Progress Energy.
Watchdog
over Afghan reconstruction resigns (Washington Post) [ Wow! Sounds like he
really meant business … which also meant, congress ‘hearing footsteps’ so to
speak, that he had to go. After all, applying a stringent standard that
promises to do something about fraud and corruption is a standard that would
threaten the entire u.s. government … all three branches. ] Arnold Fields, the head of the office
charged with investigating corruption in the multibillion-dollar effort to
rebuild Afghanistan has resigned, the White House said, following congressional
demands that he be replaced.
Government
contractor ATS shifts gears (Washington Post) [ Now granted … this is northern virginia, alphabet soup kitchen
territory (part of the Washington d.c. governement mob)… rivaled in corruption
only by such other pervasively mob infested states as jersey (multi-ethnic
mob), new york (Italian, jewish, irish, wall street), Connecticut (whatever new
york and d.c. says, mob), California (multi-ethnic mob, young gangs movin’ up,
local government / bureaucracies mob), and of course the corrupt courts in all
5, but there’s somethin’ strange in the neighborhood here. I mean, 1 weak or I
mean 1 week tenure and probably want to just give him some money. "We need to do something to get those
shareholders replaced by other shareholders - whether it be one big shareholder
or several smaller ones," said Bersoff, ‘who was the company's previous
chief executive.’ This is the first statement of its kind I’ve ever encountered
in modern day finance, such as it is. Then there’s that ‘government contractor
thing’. Could it be that the michael corleones of the cia want to ‘legitimize’
their enterprises which have included illicit drugs, arms, etc.? All we really
know is that Sidney … Fuchs. ] CEO Sidney E. Fuchs resigns as the company
announces its intention to pursue strategic alternatives, including a possible
sale.
China
as Europe's white knight? (Washington Post) [ White
knight? I don’t think so. Yellow night and day, I think yes. Not to impugn
their motives, but the Book of Ecclesiastes said it well: "What
has been is what will be, and what has been done is what will be done; and there
is nothing new under the sun"
· Heartland
Diary of
Betty B.: Confessions of an Economic Hit Man
Jun 18, 2007 ... John
Perkins' career as an economic hit man (EHM) has taken him all over
the globe. He details his activities as an EHM in his best-seller ...
heartlanddiaryofbettyb.blogspot.com/.../confessions-of-economic-hit-man.html - Cached - Similar
· Confessions of an Economic Hit Man
- Cobb
Mar 23, 2007 ...
Confessions of an Economic Hitman by John Perkins is an exclamation
point riddled history of a few financial manipulations of the Cold War ...
cobb.typepad.com/cobb/2007/03/confessions_of_.html -
Cached - Similar
· Daily Kos: NPR:
Confessions of an
Economic Hit Man
Aug 9, 2006 ...
rustydude's diary :: :: The reason I bring it up within the ..... I am
thrilled to hear all this support for the Economic Hit Man book since
...
www.dailykos.com/story/2006/8/10/04532/7753 - Cached - Similar
· Cinema
Libre Acquires 'Economic
Hit Man' | TheWrap.com
Jul 13, 2010 ... In 2008,
Greek writer/director Stelios Koul made a documentary about Perkins entitled “Diary
of an Economic Hit Man.” ...
www.thewrap.com/.../cinema-libre-acquires-economic-hit-man-19179 - Cached
] Traders are speculating that cash-rich China may step in and buy hard-hit European bonds.
Will:
Half-baked
explanations for tragedy (Washington Post) [ Half-baked? Charlatans? The
foregoing are in no short supply in defacto bankrupt, meaningfully lawless,
pervasively corrupt, fraud prevalent america. See, for example, RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm . Moreover, Mr. Will as an oftimes
apologist for war criminal, pervasively fraud-prone, defacto bankrupt, etc.,
america, with crime rates exceeding by far those of any other so-called
civilized nations, might indeed find himself among those he’s so categorized.
Among the last separate page sections to my website will be a somewhat detailed
psychoanalytic evolutionary profile of the u.s. (one might ask who am I to do
so which is fair comment to which I would reply, read it, or not, your choice).
However, for the nonce, let me say that the it is no small coincidence that the
20th century has been dubbed ‘the american century’. That the 20th
century has been considered the bloodiest is at once the natural concomitant of
the foregoing reality. Keeping in mind the so-called ‘selective’ processes in
both insurance (adverse) and evolutionary (Darwinian) terms, and as well, the
psychology of it all from a behavioral perspective, america has indeed evolved.
From the genocide of indigenous populations, to outlandish propaganda in
support of same (ie., that ‘manifest destiny’ balderdash with overtones of
religiosity spoonfed since elementary school, etc.), to contrived conflict /
war, such, euphemistically bad behavior has been reinforced, some of which
conditioning not always purposeful, ie., the ever greater frauds perpetrated on
wall street for which there have been in large part no real punitive
consequences to the perpetrators; but, to the contrary, great financial rewards
though substantially detrimental to the majority. Despite the surface appeal,
that oft asserted ‘blue-blood’ distinction doesn’t pass muster. Aside from the
few seeking seeking religious freedom (ie., Puritans among some others), most
then new americans were such disaffected rejects of their former homelands that
desperation at best was motivation for travel to the wilds of the ‘so-called
new world’ as opposed to intelligent, rational choice; criminals, mentally ill,
the not-so-bright but ruthless populating the new nation in disparate numbers
toward the ends consistent with greed and common criminality, corruption, and
venality. As of the age of the dinosaurs, the american century has passed into
the annals of a history replete with self-generating terrorism within and
without (that blowback thing). DRUDGEREPORT:
NATION SHOCKED: CONGRESSWOMAN
SHOT IN TUCSON
SCARY FREAK!
THE DEVIL MADE HIM DO IT:
TUCSON SHOOTER'S TWISTED SKULL SHRINE...
Described by Classmate as
'Left-Wing Pothead'...
Family of suspect blocks FBI
access to house...
Shooter Smirks in Court,
Smiles for Mug Shot...
Was registered independent;
Didn't vote in Nov. '10 election...
'SHERIFF' BLAMES RUSH
LIMBAUGH FOR MASSACRE?
CONGRESSWOMAN READIES GUN
CONTROL BILL...
Dem planning bill that would
outlaw 'threatening' lawmakers...
...'use language
or symbols that could be perceived as inciting violence'
OBAMA FLASHBACK: 'If They
Bring a Knife to the Fight, We Bring a Gun'...
SAFEWAY MASSACRE...
UPDATE...
SLAIN JUDGE WANTED TO TALK TO
REP. ABOUT SURGE IN BORDER CRIME...
WIRE...
Suspect scrawled: 'I planned
ahead'...
Obsessed With Mind Control...
Described by Classmate as
'Left-Wing Pothead'...
Trade war looming, warns
Brazil...
Tensions rise in currency
wars...
Pressure on Portugal
heightens...
GLOBAL ORDER: Sarkozy takes
case to Obama as food prices soar...
Greece borrowing rates hit
new record...
Pentagon concerned over
China's rapid development of new weapons...
Economists foretell of U.S.
decline, China's ascension...
SAFEWAY MASSACRE...
VIDEO...
6 Dead, 12 injured...
Dem Rep. Gabrielle Giffords
shot through brain; critical after surgery, doctors 'optimistic'...
Federal Judge Killed...
WIRE...
CAPITOL POLICE URGES CONGRESS
TO TAKE PRECAUTIONS...
BOEHNER: 'An attack on one
who serves is an attack on all who serve'...
OBAMA: 'UNSPEAKABLE
TRAGEDY'...
Gunman ID'ed as Jared
Loughner, 22... YOUTUBE...PHOTOS...
Obsessed With Mind Control...
MYSPACE GENERATION: Suspect
Says Goodbye Online: 'Please don't be mad at me -- I cannot rest'...
14 decapitated bodies found
in Mexico resort city...
NUMBER OF COMBAT INJURIES IN
AFGHANISTAN APPROACHES IRAQ-WAR LEVELS...
WIKILEAKS: US demanding our
TWITTER account info...
WIKILEAKS demands GOOGLE and
FACEBOOK unseal US subpoenas...
New data collected from
sensors left on moon in 1971 [ Riiiiight! … and if you’ve seen the beginning of
2001:Space Odyssey (the monolith), you’ve already seen it! ] ...
Euro Crisis Roars to
Forefront...
Portugal's debt worries
worsen...
UN warns Greece on
anti-migrant fence...
NJ police: Man seeking
'portal to hell' stabbed 2...
14 Eye Opening Statistics Which Reveal Just How
Dramatically The U.S. Economy Has Collapsed Since 2007 Most
Americans have become so accustomed to the “new normal” of continual economic
decline that they don’t even remember how good things were just a few short
years ago. ‘The Economic Collapse Jan 10, 2011
’Most Americans have become so accustomed to the “new normal” of continual
economic decline that they don’t even remember how good things were just a few
short years ago. Back in 2007, unemployment was very low, good jobs were
much easier to get, far fewer Americans were living in poverty or enrolled in
welfare programs and government finances were in much better shape. Of
course most of this prosperity was fueled by massive amounts of debt, but at
least times were better. Unfortunately, things have really deteriorated
over the last several years. Since 2007, unemployment has skyrocketed,
foreclosures have set new all-time records, personal bankruptcies have soared
and U.S. government debt has gotten completely and totally out of
control. Poll after poll has shown that Americans are now far less
optimistic about the future than they were in 2007. It is almost as if
the past few years have literally sucked the hope out of millions upon millions
of Americans.
Sadly,
our economic situation is continually getting worse. Every month the
United States loses more factories. Every month the United States loses
more jobs. Every month the collective wealth of U.S. citizens continues
to decline. Every month the federal government goes into even more
debt. Every month state and local governments go into even more debt.
Unfortunately,
things are going to get even worse in the years ahead. Right now we look
back on 2005, 2006 and 2007 as “good times”, but in a few years we will look
back on 2010 and 2011 as “good times”.
We
are in the midst of a long-term economic decline, and the very bad economic
choices that we have been making as a nation for decades are now starting to
really catch up with us.
So
as horrible as you may think that things are now, just keep in mind that things
are going to continue to deteriorate in the years ahead.
But
for the moment, let us remember how far we have fallen over the past few
years. The following are 14 eye opening statistics which reveal just how
dramatically the U.S. economy has collapsed since 2007….
#1
In November 2007, the official U.S. unemployment rate was just 4.7
percent. Today, the official U.S. unemployment rate is 9.4 percent.
#2
In November 2007, 18.8% of unemployed Americans had been out of work for 27
weeks or longer. Today that percentage is up to 41.9%.
#3
As 2007 began, there were just over 1 million Americans that had been unemployed
for half a year or longer. Today, there are over
6 million Americans that have been unemployed for half a year or
longer.
#4
Nearly 10 million Americans now receive unemployment insurance, whichis
almost four times as many as were receiving it back
in 2007.
#5
More than half of the U.S. labor force (55 percent) has “suffered a spell of
unemployment, a cut in pay, a reduction in hours or have become involuntary
part-time workers” since the “recession” began in December 2007.
#6
According to one analysis, the United States has lost a total of approximately
10.5 million jobs since 2007.
#7
As 2007 began, only 26 million Americans were on food stamps. Today, an
all-time record of 43.2 million Americans are enrolled in the
food stamp program.
#8
In 2007, the U.S. government held a total of $725 billion in mortgage
debt. As of the middle of 2010, the U.S. government held a total of $5.148 trillion in mortgage debt.
#9
In the year prior to the “official” beginning of the most recent recession in
2007, the IRS filed just 684,000 tax liens against U.S. taxpayers. During
2010, the IRS filed over a million tax liens against U.S.
taxpayers.
#10
From the year 2000 through the year 2007, there were 27 bank failures in the
United States. From 2008 through 2010, there were 314 bank failures in the United States.
#11
According to the U.S. Department of Housing and Urban Development, the number
of U.S. families with children living in homeless sheltersincreased from 131,000 to 170,000 between 2007
and 2009.
#12
In 2007, one poll found that 43 percent of Americans were living “paycheck to
paycheck”. Sadly, according to a survey released very close to the end of
2010, approximately 55 percent
of all Americans are now living paycheck to paycheck.
#13
In 2007, the “official” federal budget deficit was just 161 billion
dollars. In 2010, the “official” federal budget deficit was approximately 1.3 trillion dollars.
#14
As 2007 began, the U.S. national debt was just under 8.7 trillion
dollars. Today, the U.S. national debt has just surpassed 14 trillion dollars and it
continues to soar into the stratosphere.
So
is there any hope that we can turn all of this around?
Unfortunately,
the massive amount of debt that we have piled up as a society over the last
several decades has made that impossible.
If
you add up all forms of debt (government debt, business debt, individual debt),
it comes to approximately 360 percent of GDP. It is the biggest debt
bubble in the history of the world.
If
the federal government and our state governments stop borrowing and spending so
much money, our economy would collapse. But if they keep borrowing and
spending so much money they will continually make the eventual economic
collapse even worse.
We
are in the terminal stages of the most horrific debt spiral the world has ever
seen, and when the debt spiral gets stopped the house of cards is going to
finally come down for good.
So
enjoy these times while you still have them. Yes, today is not nearly as
prosperous as 2007 was, but today is most definitely a whole lot better than
2015 or 2020 is going to be.
Sadly,
we could have avoided this financial disaster completely if only we had
listened more carefully to those that founded this nation. Once upon a
time, Thomas Jefferson said
the following….
I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.’
Options Data Suggests Topping Action -
‘What the market's rally lacks in charisma, it has made up in persistence. The
stair-step, creeping type of an up grind is lulling investors to sleep as we
speak. Steady and seemingly risk-free gains have rekindled optimism and created
a state of euphoria not seen in years ... since late 2007 to be exact.The irony
of this article is that few investors will feel compelled to read anything that
resembles a warning or contains a bearish message. The few that read this piece
will probably scoff at it. That's how bear market rallies work and that's why
they are effective.The soothing rhythm of the VIX (NYSEArca: VXX
- News)
has lulled investors into a state of complacency. If you had to describe
investor's alertness in sleep lingo, a state of REM sleep would probably be the
closest comparison.History tells us that the (bear) market only strikes when
least expected.Based on analyst polls by Bloomberg, Barron's, USA Today and a
variety of sentiment measures, a stock market (NYSEArca: VTI
- News)
decline is as remote today as it was in 2000 or 2007.
Hedging Activity Drops
Investors
and traders are content to hold on to massive long positions without hedge. One
of the easiest ways to hedge your stock portfolio is via put options. Last week
the CBOE Equity Put/Call Ratio dropped to 0.4, the lowest reading since April
15, 2010.The lack of hedging is dangerous for prices because the market is
without a safety net. The only option for spooked investors without hedge is to
sell. Selling causes prices to drop.On April 16, 2010, the ETF Profit Strategy
Newsletter warned of the consequences of a low put/call ratio: 'Selling results
in more selling. This negative feedback loop usually results in rapidly falling
prices. The pieces are in place for a major decline. We are simply waiting for
the proverbial first domino to fall over and set off a chain reaction.'The
first domino dropped just a few days later, setting off the May 6 'Flash Crash'
and ultimately resulted in a swift 15% correction for the Dow (DJI: ^DJI), 17%
correction for the S&P (SNP: ^GSPC), 19% for the Nasdaq (Nasdaq: ^IXIC),
and 21% for the Russell 2000 (NYSEArca: IWM
- News).A
different measure of complacency is the premium traders willingness to pay
for call options (bullish bets). Based on a three-month average, the price for
put options (bearish bets) is near a 10-year low. The only other time that rivals
current readings was in 2007.
This Time is Different
The
spirit of 'this time is different' is one of the most fascinating phenomenons
known to Wall Street. Investors' sentiment follows the ebb and flow of stock
prices. When prices are up, the future is expected to be bright. When prices
are down, the future is supposedly bleak (just think of the 2007 peak and 2009
bottom).This approach of linear extrapolations feeds the herding mentality,
which contrarians use as effective indicators. This approach is not foolproof
but, nevertheless, is one of the most accurate, if not the most accurate timing
tool known to underground Wall Street aficionadosThe chart below (taken from
the January 2011 ETF Profit Strategy Newsletter) illustrates the four most
prominent occurrences of extreme optimism, or the 'this time is different'
effect. The green line connects the price of the S&P with the timeline and
various sentiment gauges. [chart] Investors thought 'this time is different' at
the 2007 peak, in May 2008, in January 2010, and again in April 2010. The only
thing different at all four times was the velocity of the descent, but each
period of euphoria was greeted by despair.
Optimism and Bad News
If
you had a chance to watch CNBC's 60 Minutes over the past two weeks, you are
aware of some possible 'Black Swan' events.Scott Pelley's introduction to Ben
Bernanke's interview couldn't have been more sobering: 'That is the worst
recovery we've ever seen. Ben Bernanke is concerned. Chairmen of the Fed rarely
do interviews, but this week Bernanke feels he has to speak out because he
believes his critics may not understand how much trouble the economy is in.'The
financial media, however, ignored Ben Bernanke's sobering assessment of the
economy and focused on the silver lining: A bad economy may lead to QE3 and its
cousins QE4 and QE5. What's better, an improving economy or more QE? Apparently
QE is just as good as more jobs.Another 60 Minutes focused on the next big
thing; Municipal and state defaults. In the two years since the 'Great
Recession,' states have collectively spent nearly half a trillion dollars more
than they collected. There's a trillion dollar hole in their public pension
fund and according to New Jersey's Governor, the day of reckoning is
near.Meredith Whitney, one of the few analysts who foresaw the bubble building
in banks (NYSEArca: KBE - News)
and financials (NYSEArca: XLF - News)
believes at least part of the three trillion municipal bond market will unravel
within the next year.For much of 2010 municipal bonds were brewing their own
little bubble. As it is common with bubbles, they are rarely foreseen by the
public eye. In the case of muni bonds, yield hungry investors ignored the red
flags.On August 26, the ETF Profit Strategy Newsletter warned that it is time
to get out of muni bonds, corporate bonds and Treasuries. Muni-bonds topped on
August 26 and have since given up more than two years worth of gains.
History Rhymes
Yes,
history doesn't repeat itself but it often rhymes. In 2007, Merrill Lynch's
Global Economics Report foresaw a bright future: 'The Merrill Lynch global
economics team believes that the economy will continue to grow in 2007 - with
no sign of a significant cyclical slowdown.'According to J.P. Morgan, Barclays
Capital and Goldman Sachs (Merrill Lynch failed to foresee its own demise in
2007 and is no more), the S&P will gain between 15 - 20% in 2011 and the
'economy will continue to grow in 2011.'Perhaps this time will be different,
but based on history, now is the time to at least be cautious and protect your
investments. An ounce of protection is worth more than a pound of cure. Based
on long-term valuation metrics the stock market is priced to deliver pain, not
gain (see November 2011 ETF Profit Strategy Newsletter for a detailed
analysis).Based on sentiment, the market is overheated and due for a correction
at the very least, and how often have we seen a correction turn into something
more? Timing a top is tricky, but based on support and resistance levels and
seasonal patterns it is possible to narrow down when the market is ready to
roll over.The ETF Profit Strategy Newsletter
includes the next resistance likely to mark the end of this rally and important
structural support. A close below this important support level will probably
break the bulls' spirit and the market's streak.’
Can
the Unshortable Market Be Shorted? [ I do not consider short-selling an
investment strategy, but rather a speculation that is only for the extremely
few, lucky and hence successful
speculators who are also capable and prepared to lose more than their
investment principal.]
New
Ponzi Scheme: Blame Bernie [ Which one? Which ‘weak end at bernie’s’?
Bernie bernanke or madoff? As usual, where’s the DOJ? ‘The SEC seeks an
injunction, DISGORGEMENT and civil penalties’. Now note that that disgorgement
thing has yet to be applied to the gargantuan frauds on wall street. Indeed,
now flush with cash from legislative (mark to anything change in FASB rules)
and fed (new bubble) help, the frauds on wall street are cashing out bonuses
exceeding $144 billion. For those who think there’s no economic damage
attendant to such frauds as those perpetrated by the frauds on wall street
which the computer-programmed high-frequencey churn-and-earn continuing as we
speak, take further note of this disaster called the defacto bankrupt u.s.
economy that the slicker, though less blatant than the fraud that follows which
pales in comparison to that bailed out by the u.s. taxpayers at great long-term
cost to the nation. ] Singer ‘Frankly,
it’s becoming a bit of a broken record. According to a Securities and Exchange
Commission (SEC) Complaint filed on January 6, 2010, a number of
Defendants perpetrated a Ponzi scheme – yet another such allegation against
another group of alleged fraudsters. Securities and
Exchange Commission, Plaintiff, vs. Raymond P. Morris, E & R Holdings, LLC,
Wise Financial Holdings, LLC, Momentum Leasing, LLC, James L. Haley,
Cornerstone Capital Fund, LLC, Vantage Point Capital, LLC, Jay J. Linford
Freedom Group, LLC, and Luc D. Nguyen, Defendants (11CV00021, Utah
District Court, January 6, 20100) NOTE: The SEC Complaint contains only allegations. The
Defendants are presumed innocent of the charges and it will be the government’s
burden to prove the Defendants’ guilt at trial.
Health-care
repeal vote looms (Washington Post) [ Starting with real / unspun data
/ facts is the wisest course, and such should be conveyed to the taxpayers who
ultimately pay, including the bloated salaries of the corrupt, incompetent
‘washingtonians, federal employees, bushies, obamanoids, etc., CBO Says Repeal Would Reduce
Spending by $540 Billion...’The Congressional Budget Office,
in an email to Capitol Hill staffers obtained by the Spectator, has
said that repealing the national health care law would reduce net spending by
$540 billion in the ten year period from 2012 through 2021. That number represents
the cost of the new provisions, minus Medicare cuts. Repealing the bill would
also eliminate $770 billion in taxes. It's the tax hikes in the health care law
(along with the Medicare cuts) which accounts for the $230 billion in deficit
reduction…’ ] … Right
to undo? Panel | How much should Republican House leaders focus on
undoing past
initiatives versus creating their own new ones? | Weigh
in
Twain
needs no fixin' (Washington Post) [ I quite agree with Ms. Parker,
particularly in this digital age which facilitates such censorship which can be
accomplished with such ease and an environment as in the self-created paranoid
u.s. replete with pervasive corruption, incompetence, and criminality where
perpetrators / criminals therein cry out for more cover-up / censorship all in
the self-destructive name of ‘war on terror’, jingoistic patriotism, etc.. I’m
against almost all censorship (subject
to very limited exceptions, ie., ‘yelling fire in a crowded theater, kiddy
porn, etc., except that the u.s. courts are so corrupt and venal that they can
no longer be trusted to responsibly apply those limited exceptions to narrowly
defined exceptional circumstances. See, for example, RICO case
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm )
. DRUDGEREPORT: NYT
SATURDAY: NUMBER OF COMBAT INJURIES IN AFGHANISTAN APPROACHES IRAQ-WAR
LEVELS... DEVELOPING...
'WE'RE
DIGGING OUT OF A HOLE' [ Example of sentiment: some comments - ‘…Barack Obama is a cooked goose. He is absolutely
the most incompetent president of the U.S. ever, so he continues to spin the
numbers in such a manner that might make him look good. News for him: NOTHING
will make you look good. Pretty is skin deep, incompetence goes clear to the
bone. "Let his days be few; and let another take his office." Psalms
109:8- RightStuff, Texas, USA, 7/1/2011 19:45
You know what happens when you keep digging a hole - you reach China and
that is what is going to finish the americans and Obamarama...- Olrik, Canada,
7/1/2011 19:41
'We're digging ourselves out of a hole' - Barack Hussein Obama To get
out of a hole you've dug so deep, is to STOP DIGGING, fill it up with soil so
you can climb OUT OF THE HOLE. STOP SPENDING OBAMA! STOP PRINTING MONEY! The US
dollar is weakening against YUAN of China. Republicans better start cutting all
spending, defund/repeal Obamacare, America is flat BROKE! If Republicans can't
rein all spending created by Pelosi and her peons, their DEBT would be BIGGER
than their economy.- Observer, over here, over there, 7/1/2011 19:33
Well the ammo index is still down, I guess having 3,000 rounds is
enough- NVBob, Richland WA USA, 7/1/2011 19:31
Fill in the hole, with Obama in it, at the bottom!- Stan, St Louis,
Missouri, USA, 7/1/2011 19:30
As one would expect of a socialist, clueless to the
mechanics of a capitalist system, he seeks to extricate himself from a hole by
further digging.- jnsesq, minimaxi, 7/1/2011 19:29 Read more: http://www.dailymail.co.uk/news/article-1345047/Glimmer-hope-U-S-economy-jobless-rate-falls-lowest-level-19-months.html#ixzz1APmJZga7’ ]
Jobs report an 'utter
mess'... ‘…However, some economists were less optimistic.
'It's a bit of a mixed bag,' said Ryan Sweet, an economist at Moody's
Analytics. Many analysts hoped to see larger job gains, and the drop in the
unemployment rate is unlikely to be sustained, he said. 'The labour market ended
last year with a bit of a thud,' he said…’
China plans $1.3 billion
'seven-star hotel'...
China Backs Europe, Euro for
Investing Reserves...
REPORT: Too much fluoride in
US water...
] Parker: Why 'The Adventures of
Huckleberry Finn' should not be censored.
January 7, 2011: Market Summary
December
Jobs Miss Expectations
Unemployment
Down To 9.4%, But Jobs Report Disappoints
DRUDGEREPORT: NYT SATURDAY: NUMBER OF
COMBAT INJURIES IN AFGHANISTAN APPROACHES IRAQ-WAR LEVELS... DEVELOPING...
'WE'RE
DIGGING OUT OF A HOLE' [ Example of sentiment: some comments - ‘…Barack Obama is a cooked goose. He is absolutely
the most incompetent president of the U.S. ever, so he continues to spin the
numbers in such a manner that might make him look good. News for him: NOTHING
will make you look good. Pretty is skin deep, incompetence goes clear to the
bone. "Let his days be few; and let another take his office." Psalms
109:8- RightStuff, Texas, USA, 7/1/2011 19:45
You know what happens when you keep digging a hole - you reach China and
that is what is going to finish the americans and Obamarama...- Olrik, Canada,
7/1/2011 19:41
'We're digging ourselves out of a hole' - Barack Hussein Obama To get
out of a hole you've dug so deep, is to STOP DIGGING, fill it up with soil so
you can climb OUT OF THE HOLE. STOP SPENDING OBAMA! STOP PRINTING MONEY! The US
dollar is weakening against YUAN of China. Republicans better start cutting all
spending, defund/repeal Obamacare, America is flat BROKE! If Republicans can't
rein all spending created by Pelosi and her peons, their DEBT would be BIGGER
than their economy.- Observer, over here, over there, 7/1/2011 19:33
Well the ammo index is still down, I guess having 3,000 rounds is
enough- NVBob, Richland WA USA, 7/1/2011 19:31
Fill in the hole, with Obama in it, at the bottom!- Stan, St Louis,
Missouri, USA, 7/1/2011 19:30
As one would expect of a socialist, clueless to the
mechanics of a capitalist system, he seeks to extricate himself from a hole by
further digging.- jnsesq, minimaxi, 7/1/2011 19:29 Read more: http://www.dailymail.co.uk/news/article-1345047/Glimmer-hope-U-S-economy-jobless-rate-falls-lowest-level-19-months.html#ixzz1APmJZga7’ ]
Jobs
report an 'utter mess'... ‘…However, some economists were less optimistic. 'It's a bit of a mixed
bag,' said Ryan Sweet, an economist at Moody's Analytics. Many analysts hoped
to see larger job gains, and the drop in the unemployment rate is unlikely to
be sustained, he said. 'The labour market ended last year with a bit of a
thud,' he said…’
China
plans $1.3 billion 'seven-star hotel'...
China
Backs Europe, Euro for Investing Reserves...
REPORT:
Too much fluoride in US water...
CBO
Says Repeal Would Reduce Spending by $540 Billion...’The Congressional Budget Office, in an email to
Capitol Hill staffers obtained by the Spectator, has said that
repealing the national health care law would reduce net spending by $540
billion in the ten year period from 2012 through 2021. That number represents
the cost of the new provisions, minus Medicare cuts. Repealing the bill would
also eliminate $770 billion in taxes. It's the tax hikes in the health care law
(along with the Medicare cuts) which accounts for the $230 billion in deficit
reduction…’
Republicans
reject cost estimate on health repeal (Washington Post) [
One thing’s certain … they’ll agree to disagree … $14 plus trillion and
counting and wobama the b for b*** s*** and co are worried about a couple
hundred billion … tax cuts to the rich …
(Davis ‘… This is how we
pay off our current debts and I think bondholders are simply happy to get
anything out of a country that admits it owes $15Tn (1/4 of global GDP) but
probably owes closer to $60Tn (entire global GDP) in the form of unfunded
liabilities. The funniest thing about this (and you have to laugh) is to see
Conservative pundits get on TV and talk about how we need to cut $100Bn worth
of discretionary spending to "fix" this (while continuing to spend
$1Tn on the military and $1Tn on tax cuts for the top 1% each year). There is
no fixing this and even a Republican said you can’t fool all of the people all
of the time. THIS HOUSE
OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT THERE!) ‘Then again, look at the war spending : Drudgereport: Congresswoman calls
Afghanistan 'national embarrassment'... 'Epic failure'... Rep. Lynn Woolsey (D-CA) talks about the
"disastrous" war that is Afghanistan. "This war represents an
epic failure, a national embarrassment and a moral blight," Rep. Woolsey
said. [ True enough! Though broke, they’re still voting for more war across the
board. But even more than that, this war is a blowback-creating,
self-perpetuating, self-destructive, self-defeating, colossally expensive
debacle benefiting only the war profiteers / lobbies and attendant frauds while
diverting attention from the more ’mundane’ tasks of governance of a failing,
pervasively corrupt, defacto bankrupt nation, viz., america. ]
PENTAGON BUDGET SLASH [
Riiiiight! … What’s $80 billion on a trillion dollar tab especially with those
off-budget special items whenever they so choose. ]: OBAMA TO CUT TROOPS ON ACTIVE DUTY
FEDS BREAK GROUND ON SUPER
SPY CENTER (Riiiiight! More spending on those ultra-efficient super-spies, ie.,
Iraq on a lie, illegal drug ops, 9-11 NORAD ordered to stand down, etc., though
u.s. defacto bankrupt)...
New Miami Police peeping
drone may be first in country; ACLU approves...
Man Arrested for Having
'Suspicious' Bagel on Plane...
Ex-CIA officer charged with
leak to NYT reporter...
Packages Cause
'Flash Explosions' At 2 State Gov't Buildings in MD...
One addressed to Gov...
US Treasury asks Congress to
lift debt ceiling...
Obama calls Gibbs $174,000
salary 'relatively modest' ( Come on! In pervasively corrupt, defacto bankrupt
america, government jobs for the otherwise unemployable at those levels are
over-priced and over-valued, as are other so-called executive jobs, ie., fraudulent
wall street, etc.. Look at their results! )... ] Boehner dismisses CBO forecast that rescinding law would raise deficit
by about $230 billion and leave 32 million more Americans uninsured.
Apprehension ahead of Moqtada al-Sadr speech (Washington Post) [ What is he expected to say?:
Thank you america for bombing, invading, and destroying his nation based on a
lie? Thank you america for killing, maiming innocent children, women, and men?
Thank you america for all the depleted uranium you’ve left behind? Thank you
america for removing your america-supported mad-dog tyrant sadam hussein who
foolishly played into his cia handlers’ trap regarding that green light for
Kuwait invasion over the slant-drilling by the latter from April Glasspie. I
don’t think so, and I don’t think the rest of the world nor his fellow Iraqis
think so. ] Lawmakers across Iraq's
political and ethnic spectrums wait for word from anti-American Shiite cleric
Moqtada al-Sadr, saying his first address after returning from nearly four
years of self-imposed exile in Iran would likely say a lot about his approach
to Iraq's government.
Insurer
claims it was misled by Goldman Sachs on investment (Washington Post) [
Talk about understatements. After all, who hasn’t been misled by goldmen sachs
and fraudulent wall street generally, on investments. Don’t forget, the
worthless toxic paper commissioned and cashed out by wall street is still out
there in the trillions now marked to anything.
] One of Goldman's clients says it has sued the bank seeking $120
million in damages.
Milbank:
Getting
creative with the Constitution (Washington Post) [ Constitution? Versions?
Meaningful laws? Why, this is almost analogous or akin to the late idi amin
reading the Ugandan constitution (1995) from his grave, certainly in terms of
folly! ]Constitutionalism
(WP) [ Come on! Constitution … meaningful american law … Don’t make me laugh!
Wake up from the deep american sleep! Going through the motions, flag pins,
etc., ad nauseum, like a bunch of zombies!
] Krauthammer: It's a
promising step to a conservative future. Wash
Post Staffer: Constitution Impossible to Understand Because It’s Over 100 Years
Old [ In a meaningfully lawless society as pervasively corrupt, defacto
bankrupt america, constitution / laws have become irrelevant in application and
effect. After all, even zimbabwe has a constitution / laws, but I dare say no
one would suggest they have any practical effect in reality, as is also so in
america. I therefore believe Mr. Klein is correct but for reasons other than
age and malleability. Indeed, anyone who has written a legal brief and
researched law in support thereof, ultimately realizes that almost invariably
one can find some case / law in support of almost any position. In america
today, it’s the bribe, one way or another, that carries the day and makes the
difference. Ask sam alito et als. That’s just the way it is in a declining,
fallen society as america, zimbawe, etc.. That’s certainly my direct, sworn
experience with these corrupt courts constituting (in large part along with the
other 3 branches) pervasively corrupt, defacto bankrupt america’s illegal
system. Senate convicts Clinton-appointed judge...
[ Come on! One way or another they’re almost all getting bribed; including the
initial lifetime appointment as alito, trump-barry, etc.. Abolish the corrupt, costly, economically wasteful
lifetime extravagantly appointed federal courts (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) End those lifetime licenses to steal. ] In earlier
hearings, two attorneys who once worked with Porteous had testified that they
gave him thousands of dollars in cash, including about $2,000 stuffed in an
envelope in 1999, just before Porteous decided a major civil case in their
client's favor. ] Breitbart | On word that the House will open its next session
with a first-ever reading of the U.S. Constitution, blogger Ezra Klein suggests
that the Constitution is irrelevant due to its age and politically-malleable language.
]Eight key economic decisions of the Obama presidency all point in one
direction.
Oh come on! Watch for the fake jobs report from
the ever more desperate, pervasively corrupt, incompetent, failed, defacto
bankrupt u.s. government (all 3 branches)! Who can believe anything they say? …
Drudgereport: WObama the b for b*** s***
calls Gibbs $174,000 salary 'relatively modest' ( Come on! In pervasively
corrupt, defacto bankrupt america, government jobs for the otherwise
unemployable at those levels are over-priced and over-valued, as are other
so-called executive jobs, ie., fraudulent wall street, etc.. Look at their
results! )... …[video]
ADP Data Still Fighting For Credibility [ Come on!
Pervasively mob infested, corrupt jersey based ADP? There’s nothin’ left in
desperation for those b.s. / b.e.(bad economics/finance) talking points and
action to froth the market for the frauds on wall street. This is an especially
great opportunity to sell / take profits because there’s nothin’ there, beyond
the smoke and mirrors. This market’s way over-bought and way over-valued! ] NEW YORK (TheStreet) -- Alan Valdes of DME
Securities says the market focused on the job revision data as ADP is still
viewed with skepticism.
1 in 6 Americans Live in Poverty Tradermark ‘One of the biggest mega trends
happening in America is the bifurcation of society between the haves and the
have nots. Many of the jobs the 'underclass' once did are gone forever, while
others spent freely when times were good, and when the tide turned, have little
buffer. [Dec 8, 2007: Do the Bottom 80% of Americans Stand a
Chance?] After all, saving for a rainy day is what boring people do.
Others really never got off the ground, as the K-12 education system has degraded
dramatically the past few decades.Frankly the underlying trend - as bad as it
is on the surface - has been hidden by multiple bubbles, and most recently,
there has been a level of government assistance never seen before. [Nov 5, 2010: USA Today - Anti-Poverty Programs Surpass
Cost of Medicare] In terms of government spending. This brings up a
host of issues as any changes to the social safety net are going to send
millions past GO and directly to impoverished status (and yes there are people
gaming the system, but not tens of millions). There are myriad societal effects
of the transformation of America from a relative egalitarian society in the
1960s to a 2 or 3 class system - but those are topics for other posts we have
done.The official U.S. government tally of who is living in poverty is a joke.
We last looked at it about 16 months ago [Sep 19, 2009: US Poverty Rises to 11 Year High - But
Still Vastly Understated] For example, if you make $23,000 for a
family of 4 - you are not in poverty. If you are single and make $14,000 you
are not in poverty. I'm not sure in what counties except for rural Mississippi
you can accomplish that cost of living, but apparently the government believes
a middle class lifestyle is available at $25K for a family of 4 in all of
America. Or at least it would be inconvenient to admit otherwise. And yes once
more let me put the caveat that being "poor" in America is different
than being poor in Malawi, but in theory we should be comparing ourselves to
other first world countries.The AP has an interesting report of a new measure
of poverty in the U.S., based on the census. It has a different band of
parameters and shows an increase over the government's incredibly generous
definition of poverty. What is striking is the large increase in those in the
over 65+ camp who fall into poverty. Due to our consumption culture (encouraged
by the government at every turn, since we've transformed our economy from good
producing to services and consumption) many are entering the golden years with
little to nothing.Where once many had their mortgage paid off by the time they
retired and hence could live on a much lower income as their largest expense
was eliminated, now after a generation of serial refinancing and cash out to
finance buying 'what we deserve', many still have the mortgage to worry about
even at age 70+. There are many other factors we've discussed often - i.e. the
move from pensions to do it yourself savings in a country where saving is a sin
and spending is worshiped, the disaster that is the 401k system, etc. Unlike
the mortgage crisis which is playing out in a relative short period of time
(6-8 years), this grand economic experiment of running an economy on
consumption & services (you do my nails, I'll cut your hair, you serve me a
beer, I'll cut your lawn, you build a house, I'll default on it) is taking
decades to play out. But we're starting to see the first wave of results the
past 5-10 years, and it's not pretty.Bigger picture, there are enormous
stresses being formed at the bottom end of the society, and more and more are
being caught in the net. Anyone who truly believes there will be any serious
spending cuts at the federal level does not realize the (increasing) dependency
that has been created by the a multitude of poor decisions over the past few
decades. Indeed we fast approach the time when 1 in every 5 dollars of
"income" are government transfers. [May 25, 2010: 1 in 5.5 Dollars of American Income Now Via
Government; All time High] At this point, the genie is out of the
bottle and with a dysfunctional government whose only solution is layer on more
debt to kick the can down the road, our modern day plutonomy only grows in
power. [Sep 7, 2009: Citigroup - America; A Modern Day Plutonomy]
However, there appears nothing to be worried about since we've been well
trained to parrot the fact that as long as the S&P 500 only goes up,
everything in America is fine. Nothing to see here, move along (buy stocks as
you are moving of course).
Via AP
- The number of poor people in the U.S. is
millions higher than previously known, with 1 in 6 Americans --
many of them 65 and older -- struggling in poverty due to rising
medical care and other costs, according to preliminary census
figures released Wednesday.
- At the same time, government aid
programs such as tax credits and food stamps kept many people out of
poverty, helping to ensure the poverty rate did not balloon even higher
during the recession in 2009, President Barack Obama's first year in
office.
- Under a new revised census formula, overall
poverty in 2009 stood at 15.7 percent, or 47.8 million people.
That's compared to the official 2009 rate of 14.3 percent, or 43.6
million, that was reported by the Census Bureau last September.
- Across all demographic groups, Americans
65 and older sustained the largest increases in poverty under the revised
formula -- nearly doubling to 16.1 percent. As a whole,
working-age adults 18-64 also saw increases in poverty, as well as whites
and Hispanics. Children, blacks and unmarried couples were less likely to
be considered poor under the new measure.
- The new measure will not replace the official
poverty rate but will be published alongside the traditional figure this
fall as a "supplement" for federal agencies and state
governments to determine anti-poverty policies. Economists have
long criticized the official poverty measure as inadequate because it only
includes pretax cash income and does not account for medical,
transportation and work expenses. (much like inflation, as
long as you don't eat, use energy, pay for healthcare, or have kids in
college - you are fine. For poverty as long as you don't go to the doctor,
need to drive to work, need daycare, or wear clothes at work - your income
is sufficient)
- "Under the new measure, we can clearly see
the effects of our government policies," said Kathleen Short, a
Census Bureau research economist who calculated the revised poverty
numbers. "When you're accounting for in-kind benefits and tax
credits, you're bringing many people in extreme poverty off the very
bottom."
- The official measure is based on a 1955
cost of an emergency food diet and does not factor in other living costs. (that
is perverse) Nor does it consider non-cash government aid when
calculating income, which surged higher in 2009 during the recession.
- The effect was seen most notably among older
Americans. Under the official poverty rate, about 8.9 percent
lived in poverty, mostly because they benefit from Social Security cash
payments. But when taking into account out-of-pocket medical expenses and
other factors, that number rises to 16.1 percent.
-
- Among the findings:
--Without the earned income tax credit, the poverty rate under the revised formula would jump from 15.7 percent to 17.7 percent. - --The absence of food stamps separately would
increase the poverty rate to 17.2 percent.
--Taking into account millions of uninsured people in the U.S. had little effect in increasing poverty, mostly because those without insurance tend to forgo medical care rather than find ways to pay for it.
[Feb 20, 2009: NYT - Newly Poor Swell Lines @ Food Banks
Nationwide]
[Oct 22, 2010: Reuters - The Haves, the Have Nots, and the
Dreamless Dead]
[Sep 3, 2010: FT.com - The Crisis in Middle America]
[July 26, 2010: [Video] DatelineNBC - America's Increasing
Ranks of Poor]
Unemployment Claims Are Not What They Appear Adler
‘First-time unemployment claims rose by 52,038 to 577,279 in the week that
ended January 1. The Wall Street captive media is, as usual, fudging the
reports by reporting that claims were at 409,000, based on the seasonal hocus
pocus. They report an uptick of 18,000 instead of 52,000. Both Dow Jones and
Bloomberg are emphasizing that the 4 week moving average dropped sharply.
Again, this is based on seasonally adjusted fudge packing.The truth is that
while this year's end of year rise in claims is better than the past two years,
the numbers are still a lot worse than during good economic times. This week’s
jump of 52k compares with a rise of 88,929 in the week that ended 1/2/10. The
chart below shows that the normal seasonal uptrend is at a lower trend level
than the past two years, but well above 2006-2008. The insured unemployment
rate remains well above the 2004-2008 period. However, even that number may be
misleading because it uses a base number comprised of a 6 month average from
the period that ended in June. Because fewer people are now eligible, the
actual rate should be higher.[chart]Because new
claims are limited to those eligible, part of the downtrend in new claims is
due to the millions of persons losing eligibility. To account for that, the next
chart shows new claims as a percentage of those eligible. Here the improving
trend shows evidence of leveling off. The normal seasonal spike at the
beginning of January needs to hold around .053% to keep the downtrend from the
peaks of the past 2 years intact. The green line connects the most recent week
with the same week in prior years. Next week’s data should be the seasonal
peak.[chart]The
Department of Labor calculates the total number of covered employees quarterly,
using a 6 month average. The current figure is based on data from the first
half of 2010, which is not very useful now. However, it does imply that much of
the drop in continuing claims has come from those losing eligibility.[chart]The
following chart shows Continued Claims on an inverse scale, overlaid with stock
prices and Fed securities holdings. The inverse Continued Claims graph is a
directional proxy for total employment. The downtick at this time of year is
normal. The trend remains strong which suggests that the seasonally adjusted
payrolls data tomorrow should be positive. The consensus calls for a gain of
140,000. As I reported in the Wall Street Examiner Professional Edition
Treasury update to subscribers this week, wage tax withholding in December ran
15% ahead of November, but that probably reflects withholding from year end
bonuses rather than a significant increase in employment levels. The year to
year gain was more muted.[chart]It’s pretty
clear from this chart that the Fed is the driver of these trends, but that
other forces are at work causing diminishing returns.Disclosure: I have no positions in any stocks mentioned, and no
plans to initiate any positions within the next 72 hours.’
Expecting Employment Surprise: Dave's Daily ‘There are a lot of wild estimates making the rounds for
employment data Friday. Consensus estimates for new jobs added range from
150-200K, but some whisper numbers are as high as 500K and that would shock
many sectors. Meanwhile stocks were hurt early by poorly received December same
store sales (despite bullish headlines to the contrary) and rebound higher in
Jobless Claims. Nevertheless, the dollar continued to rise as commodity markets
were still selling-off. The buzz remains inflation is heating up particularly
in food and energy so investors fear tightening even as the Fed is engaged in
QE. Now that's interesting!! Bond prices remained rather stable. The Fed tossed
in more POMO
activity Thursday. As that was announced stocks immediately rallied if only
briefly. What a coincidence! In advance of the all-important employment report
volume remained light and breadth negative.’
Are Investors Concerned About Rising Gas Prices? Rotblut
‘Bullish sentiment extended its streak of above-average readings to 18
consecutive weeks in the latest AAII Sentiment Survey. This is the longest such
streak since 2004. The percentage of individual investors expecting stock prices
to rise over the next six months rose 4.3 percentage points to 55.9%. The
historical average is 39%.Neutral sentiment, expectations that stock prices
will stay essentially flat over the next six months, fell 2.5 percentage points
to 25.9%. Neutral sentiment has been below its historical average of 31% for 22
consecutive weeks.Bearish sentiment, expectations that stocks prices will fall
over the next six months, slipped 1.8 percentage points to 18.3%. Bearish
sentiment has been below its historical average of 30% for 15 out of the last
17 weeks.Bullish sentiment remains at historically high levels. One example of
this is the eight-week moving average of bullish sentiment, which is above 51%
for the third consecutive week. (It is at 51.4%.) This measure has not been
higher since January 2005. Other measures also suggest sentiment is running
hot, including the spread between bullish and bearish sentiment (37.6
percentage points) and the standard deviation (bullish sentiment is more than
one standard deviation above the historical mean). High bullish readings have
been correlated with market pullbacks, but other indicators should be analyzed
before predicting where stocks prices are headed.Individual investors are
continuing to feel optimistic about stock prices due to, in part, the sustained
rally and additional signs that the economy is recovering. News of upbeat 2011
forecasts from several market strategists is also playing a role.This week’s
special question asked AAII members whether they are concerned about the
potential impact rising gasoline prices will have the economic recovery.About
half of respondents described themselves as being somewhat worried about rising
prices at the pump. Many did think the economy will grow, though the pace of
the recovery might be slowed. Several members added the caveat that their
concerns are dependent on how high prices actually rise. A small number thought
higher prices would be good for their energy holdings or would increase demand
for fuel-efficient vehicles and other green initiatives. Here is a sampling of
the responses:
- “I believe gasoline must approach $4 per gallon
before having a sizable impact on other parts of the economy.”
- “Higher inflation equals a real tax on
investors. It could be a drag on the economy, but the economy will still
grow.”
- “I’m worried, but I think the recovery can still
proceed, especially if Congress provides some direction for job growth.”
- “I’m not too worried. Higher gas prices will be
a slight drag, but not sufficient to significantly slow down the economy.”
- I’m somewhat worried; higher fuel prices may
slow the economy some, but they may also help the environment.”
This week’s sentiment survey results:
- Bullish: 55.9%, up 4.3 percentage points
- Neutral: 25.9%, down 2.5 percentage points
- Bearish: 18.3%, down 1.8 percentage points
Historical Averages:
- Bullish: 39%
- Neutral: 31%
- Bearish: 30%
The AAII Sentiment Survey has been conducted weekly since July 1987 and asks AAII members whether they think stock prices will rise, remain essentially flat, or fall over the next six months. The survey period runs from Thursday (12:01 a.m.) to Wednesday (11:59 p.m.). The survey and its results are available online.’
Less
Than 35% of All Stocks Are Undervalued Suttmeier ‘ValuEngine now shows that only
34.6% of more than 5,000 stocks are undervalued with 65.4% overvalued. A
reading below 35% may persist for a while, but typically the stock market tops
out when less than 35% of all stocks are undervalued. Fifteen of 16 sectors are
overvalued by 8.6% for Consumer Discretionary to 33.1% for Basic Industries.
Medical is the undervalued sector, but only by 1.4%. The major equity averages
are extremely overbought on both daily and weekly charts. The missing
ingredient for a top is the lack of nearby risky levels for the major averages.
The major equity averages straddle quarterly value levels, pivots and risky
levels favoring a reversal-oriented first quarter – 11,395 Dow, 1162.5 SPX,
2853 NASDAQ, 4671 Transports and 765.50 Russell 2000. The rise in the 30-year
yield above 4.5% is a major drag on equity valuations. With stock market
complacency as high as it is, Comex gold closed below its 50-day simple moving
average at 1380.6 for the first time since August 11. Nymex crude oil is above
this week’s pivot at $88.50. The euro is between its 200-day at 1.3080 and its
50-day at 1.3422, approaching a test of the 200-day. The Dow is well above my
annual pivot at 11,491 without a nearby risky level as the MOJO run continues.
Valuations are stretched with only 16.1% of all stocks undervalued by at least 20%,
whereas 33.0% of all stocks are overvalued by more than 20%.[chart](Click
to enlarge)
It is difficult to find stocks to add to the ValuTrader Model
Portfolio as only 76
stocks are rated STRONG BUY or BUY with a market cap of at least five billion
and average daily trading volume of 500,000 shares or more, and projected to
gain at least 7.5% over the next twelve months. There are twelve stocks in the
model portfolio.
Key Levels From My Proprietary Analytics
10-year Note – (3.483) Weekly, annual and semiannual value levels are 3.714,
3.791 and 4.268 with a daily risky level at 3.371. Annual, semiannual and
monthly risky levels are 2.690, 2.441, 2.322 and 2.150.
Comex Gold – ($1373.7) Annual, semiannual and annual value levels are
$1356.5, $1300.6 and $1187.2 with a weekly pivot at $1380.0. Daily, monthly,
quarterly and semiannual risky levels are $1412.74, $1439.0, $1441.7 and
$1452.6.
Nymex Crude Oil – ($90.30) Semiannual and monthly value levels are $87.52 and
$75.74 with a weekly pivot at $88.50. Annual, semiannual and quarterly risky
levels are $99.91, $101.92, $107.14 and $110.87.
The euro –
(1.3149) Monthly and weekly value levels are 1.2805 and 1.2703 with quarterly
and daily pivots at 1.3227 and 1.3358, and semiannual and annual risky levels
at 1.4624, 1.4989, 1.6367 and 1.7312.
Daily Dow:
(11,723) Annual, quarterly, weekly, semiannual, monthly and semiannual value
levels are 11,491, 11,395, 11,334, 10,959, 10,427 and 9,449 with a daily pivot
at 11,687, and annual risky level at 13,890.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.’
Retailers
hold down stocks ahead of jobs data (Reuters) - Stocks
slipped on Thursday as soft retail sales and a sharp rise in the dollar left
investors edgy a day before December's U.S. employment report.
Doug Casey:
Prepare for Social Upheaval LewRockwell.com | The big
question is not, “Can it happen here?” but, “Will it?” Or maybe, simply,
“When?”
Fed
May Keep Easing at ‘Full Throttle’ Until Decline in Unemployment Rate Bloomberg | Federal Reserve officials signaled they’ll
probably push ahead with unprecedented stimulus until the recovery strengthens
and many of the 15 million unemployed Americans find work.
Why
Are Taxpayers Subsidizing Facebook, and the Next Bubble? The New York Times | Is another bubble being formed
by ‘too big to fail’ Goldman-Sach’s valuation of FaceBook?
Record
high food prices stoke fears for economy Reuters | Record high food prices are moving to the top of
policymaker agendas, driven by fears they could stoke inflation, protectionism
and unrest and dent consumer demand in key emerging economies.
Alex
Jones: DEA uses drug war to spy worldwide [ Well, I don’t know about the spying, but the DEA certainly isn’t
serious about putting a real dent the illegal drug trade inasmuch as they’re
hands off the connected u.s. government connected illegal drug ops, ie., cia,
etc., (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) http://albertpeia.com/FBIAgentAffidavit11.jpg http://albertpeia.com/CIAAgentAffidavit1.jpg ] Russia Today | The United States government allegedly infused
drugs into our inner cities in order to keep minorities down and destabilize
world governments.
Drudgereport:
Congresswoman calls
Afghanistan 'national embarrassment'...
'Epic
failure'... Rep. Lynn Woolsey (D-CA) talks about the
"disastrous" war that is Afghanistan. "This war represents an
epic failure, a national embarrassment and a moral blight," Rep. Woolsey
said. [ But more than that, this war is a blowback-creating, self-perpetuating,
self-destructive, self-defeating, colossally expensive debacle benefiting only
the war profiteers / lobbies and attendant frauds while diverting attention
from the more ’mundane’ tasks of governance of a failing, pervasively corrupt,
defacto bankrupt nation, viz., america. ]
PENTAGON BUDGET SLASH [
Riiiiight! … What’s $80 billion on a trillion dollar tab especially with those
off-budget special items whenever they so choose. ]: OBAMA TO CUT TROOPS ON ACTIVE DUTY
FEDS BREAK GROUND ON SUPER
SPY CENTER (Riiiiight! More spending on those ultra-efficient super-spies, ie.,
Iraq on a lie, illegal drug ops, 9-11 NORAD ordered to stand down, etc., though
u.s. defacto bankrupt)...
New Miami Police peeping
drone may be first in country; ACLU approves...
Man Arrested for Having
'Suspicious' Bagel on Plane...
Ex-CIA officer charged with
leak to NYT reporter...
Packages Cause
'Flash Explosions' At 2 State Gov't Buildings in MD...
One addressed to
Gov...
US Treasury asks Congress to
lift debt ceiling...
Obama calls Gibbs $174,000
salary 'relatively modest' ( Come on! In pervasively corrupt, defacto bankrupt
america, government jobs for the otherwise unemployable at those levels are
over-priced and over-valued, as are other so-called executive jobs, ie.,
fraudulent wall street, etc.. Look at their results! )...
As
euro zone expands, tension remains between weak, strong (Washington Post) [
Sounds like a scenario analogous to that in the USSAD, united soviet states of
american disunity. After all, how can you justify fraudulent (ie., wall street,
etc.) national sinkholes as mob corrupted new york, mob-infested, pervasively
corrupt jersey, etc..] German deficit
hawks gained an ally Saturday when Estonia became the 17th member of the euro
zone.
U.N.
group warns of possible food crisis (Washington Post) [ Possible? How ‘bout
it’s already begun and hence, inevitable particularly since worldwide with few
exceptions in looking to the u.s. as analogous to the self-destructive
compulsion of an addict or drunk they’ve jumped on the american crazy train,
from perpetual wars, to profligate spending, to over-printing of fiat paper
currencies, to mark to anything burial and cover-up and no-pros of fraudulent
paper schemes of the fraudulent wall street ilk / variety, etc. ] The Food and Agricultural Organization
said Wednesday that the world faces a "food price shock" after the
agency's benchmark index of farm commodities prices shot up last month.
IRS
ombudsman: Heavy hand isn't working (Washington Post) [ Heavy hand, indeed;
but in reality, a weak one at that BECAUSE, you can’t pay what you don’t have …
then again, many people are wondering just what they’re paying for in these
admittedly hard times; viz., perpetual and protracted wars, bailouts for the
opulent frauds on wall street, profligate spending, rich plushly accoutered
federal jobs for slugs of different stripes and failed performance, etc..
] By making it harder for taxpayers to
get back on their feet, the IRS might actually reduce long-term tax
collections, an in-house report says.
Fed
will be in watch mode (Washington
Post) [ Riiiiight! … That eternally vigilant friend only of fraudulent wall
street fed … ‘watch’ … as in boob tube? How
the (‘no recession’ as per fed) recession (ongoing and great as in depression)
imploded states' finances see infra) After a tumultuous 2010, what's on tap
for Ben S. Bernanke and the Federal Reserve in 2011?
Fed's
bond-buying strategy looks likely to run its course (Washington Post)
[ Neither rain, nor sleet, but only
depletion of trees for current and prospective fiat paper currency printing can
keep the no-recession-fed from their wall street obsessive market-frothing rounds
(which will end quite badly … as such always has … and always will). ] Federal Reserve officials appear unlikely
to stop their controversial strategy of buying Treasury bonds.
Agency extends Afghan food-supply contract
for firm that hired former director (Washington Post) [ Almost, but not quite as bad as what I
experienced with the pervasively corrupt american illegal system:
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met
personally refused to join or file a separate motion to recuse and not
long thereafter left said office for private practice at Cole, Shotz, et
als on retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents, affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan Lacey with whom I met personally at the U.S. Attorney’s Office in Newark, N.J., at which time Samuel Alito was U.S. Attorney, and went over said documents and their probative value with him. Within approximately a month thereafter upon inquiry I was told that Jonathon Lacey was no longer with the office, that the file/documents could not be located, and that there was no further information available concerning contacting him or his location. I thereupon delivered by hand, copies of said documents to the office of then U.S. Attorney Alito, addressed to him, with assurance they would go directly to him. In addition to being inept [ I looked in on the one mob case he had brought, bungled, lost (accidently on purpose?) since I was suing some mob-connected under RICO and the court (I had known / previously met outside of court the judge Ackerman through a client) was absolute bedlam and a total joke since incompetent corrupt Alito brought in all 20 mob defendants (rather than prosecute one or a few to flip them first) who feigning illness had beds/cots in the courtroom along with their moans during testimony and had the jury in stitches. As much as I hate the mob, it truly was funny, if not so tragic.], Alito is also corrupt (and maybe corrupt because he is inept). After a reasonable (but still rather short) time I called to determine the status and was told that Alito was no longer with the Office of the U.S. Attorney, that he was (appointed) a federal judge, and that neither the documents nor any file or record of same could be located. Alito did parley the same / cover-up into quid pro quo direct lifetime appointment to the Court of Appeals, 3rd circuit, despite the absence of judicial experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as well). This is the same Sam Alito that now sits on the purported highest court in the land. The real application of the illegal rule ‘don’t ask, don’t tell’.
October 15, 2010 (*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention
of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that prosecuted
gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he predicated
a retaliatory and spurious contempt proceeding against me causing
substantial damage, and for which he sought Judicial Notice of those and
related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard herself
and denied, and U.S. Trustee Hugh Leonard with whom I met personally
refused to join or file a separate motion to recuse and not long
thereafter left said office for private practice at Cole, Shotz, et als on
retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents,
affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes
in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan
Lacey with whom I met personally at the U.S. Attorney’s Office in Newark,
N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is
also corrupt (and maybe corrupt because he is inept). After a reasonable
(but still rather short) time I called to determine the status and was
told that Alito was no longer with the Office of the U.S. Attorney, that
he was (appointed) a federal judge, and that neither the documents nor any
file or record of same could be located. Alito did parley the same / cover-up
into quid pro quo direct lifetime appointment to the Court of Appeals, 3rd
circuit, despite the absence of judicial experience or successful tenure
as U.S. Attorney (Maryanne Trump Barry as well). This is the same Sam
Alito that now sits on the purported highest court in the land. The real
application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can
reasonably be presumed to have been tampered with, and hence, a violation of
the federal statute concerning same. ]
Protection
bureau to hire general's wife (Washington Post) [ Wow! Sounds like a plan! Talk about insiders and concentrations
of power. After all, would you argue with anything sweet Holly Polly Petraeus
proffered with the full weight of the military behind her. Somehow, though I’m
not goin’ to talk ‘bout smell tests here (you know, that ‘weight of the
military thing’), there seems to be something amiss, not quite right here,
‘cause what and why Hollywood do this or that …’ ] Holly Petraeus will lead Consumer Financial Protection Bureau's
Office for Service Member Affairs.
Regional
unemployment edges down in November (Washington Post) [ No surprise there with the layer upon layer
of bureaucracy, including the alphabet soup kitchens, viz., cia, nsa, dod, doj,
etc., whose ranks can include loads of temps, gophers, waiters, ‘runners’, (you
know, make-shift / make-work jobs, etc., to froth numbers, despite the nation’s
defacto bankruptcy and reality beyond the bubble.
Jobless
Recovery?: 25 Unemployment Statistics That Are Almost Too Depressing To Read ‘…
Unemployment is up again! That’s right – even though Wall Street is swimming in
cash and the Obama administration is declaring that “the recession is over”,
the U.S. unemployment rate has gone even higher. So are you enjoying the
jobless recovery? Economic
Collapse Blog Dec 4, 2010 ‘Guess what? Unemployment is up
again! That’s right – even though Wall Street is swimming in cash and the
Obama administration is declaring that “the recession is over”, the U.S.
unemployment rate has gone even higher ... Times are really, really tough and
unfortunately the long-term outlook is very bleak. We should have
compassion on those who are out of work right now, because soon many of us may
join them.
The following
are 25 unemployment statistics that are almost too depressing to read….
#1 According to the Bureau of Labor Statistics, the
U.S. unemployment rate for November was 9.8
percent. This was up from 9.6 percent in October, and it continues a
trend of depressingly high unemployment rates. The official unemployment
number has been at 9.5 percent or higher for well over a year at this point.
#2 In November 2006, the “official” U.S. unemployment
rate was just 4.5
percent.
#3 Most economists had been expecting the U.S. economy
to add about 150,000 jobs in November. Instead, it
only added 39,000.
#4 In the United States today, there are over 15
million people who are “officially” considered to be unemployed for
statistical purposes. But everyone knows that the “real” number is even
much larger than that.
#5 As 2007 began, there were just over 1 million
Americans that had been unemployed for half a year or longer. Today,
there are over
6 million Americans that have been unemployed for half a year or longer.
#6 The number of “persons not in the labor force” in
the United States recently
set another new all-time record.
#7 It now takes the average unemployed American over
33 weeks to find a job.
#8 When you throw in “discouraged workers” and
“underemployed workers”, the “real” unemployment rate in the state of
California is
actually about 22 percent.
#9 In America today there are not nearly enough jobs
for everyone. In fact, there are now approximately
5 unemployed Americans for every single job opening.
#10 According
to The New York Times, Americans that have been unemployed for five weeks
or less are three times more likely to find a new job in the coming month than
Americans that have been unemployed for over a year.
#11 The U.S. economy would need to create 235,120
new jobs a month to get the unemployment rate down to pre-recession levels
by 2016. Does anyone think that there is even a prayer that is going to
happen?
#12 There are 9
million Americans that are working part-time for “economic reasons”.
In other words, those Americans would gladly take full-time jobs if they could
get them, but all they have been able to find is part-time work.
#13 In 2009, total wages, median wages, and average
wages all
declined in the United States.
#14 As of the end of 2009, less than 12 million
Americans worked in manufacturing. The last time that less
than 12 million Americans were employed in manufacturing was in 1941.
#15 The United States has lost at least 7.5
million jobs since the recession began.
#16 Today, only
about 40 percent of Ford Motor Company’s 178,000 workers are employed
in North America, and a big percentage of those jobs are in Canada and
Mexico.
#17 In 1959, manufacturing represented 28
percent of U.S. economic output. In 2008, it represented 11.5
percent.
#18 Earlier this year, one poll found that 28% of all American households had at least one member that
was looking for a full-time job.
#19 In the United States today, over
18,000 parking lot attendants have college degrees.
#20 The United States has lost a staggering
32 percent of its manufacturing jobs since the year 2000.
#21 As the employment situation continues to stagnate,
millions of American families have decided to cut back on things such as
insurance coverage. For example, the percentage of American households
that have life insurance coverage is at its lowest level in
50 years.
#22 Unless Congress acts, and there is no indication
that is going to happen, approximately 2 million Americans will stop receiving unemployment checks over the next
couple of months.
#23 A poll that was released by the Pew Research Center
back in June discovered that an
astounding 55 percent of the U.S. labor force has
experienced either unemployment, a pay decrease, a reduction in hours
or an involuntary move to part-time work since the economic downturn
began.
#24 According to Richard McCormack, the United States
has lost over
42,000 factories (and counting) since 2001.
#25 In the United States today, 317,000
waiters and waitresses have college degrees.
But this is
what we get for creating the biggest debt
bubble in the history of the world. For decades we have been digging
a deeper hole for ourselves by going into increasingly larger amounts of
debt. In America today, our entire economy is based on debt. Even
our money
is debt. We were fools if we ever thought this could go on forever.
Just think about it. Have you ever gone out and run up a bunch of
debt? It can be a lot of fun sitting behind the wheel of a new car,
running your credit cards up to the limit and buying a beautiful big house that
you cannot afford. But in the end what happens? It always catches up with you.
Well, our collective debt is starting to catch up with us. There is a sea
of red ink on every level of American society. It is only a matter of
time before it destroys our economy. IF YOU THINK THAT
THINGS ARE BAD NOW, JUST WAIT. THINGS ARE GOING TO GET A WHOLE LOT
WORSE. A HORRIFIC ECONOMIC COLLAPSE IS COMING, AND IT IS GOING TO BE
VERY, VERY PAINFUL.’
Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of
economic revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with
them."Check the accompanying video for more of Howard's unfettered
opinions and stay tuned for additional clips from
this interview. And...Happy Thanksgiving! Aaron Task is the host of Tech
Ticker. You can follow him on Twitter at @atask or email him at
[email protected]’
Timid
Tuesday: Is it Safe? Davis
‘… This is how we pay off our current debts and I think bondholders are
simply happy to get anything out of a country that admits it owes $15Tn (1/4 of
global GDP) but probably owes closer to $60Tn (entire global GDP) in the form
of unfunded liabilities. The funniest thing about this (and you have to laugh)
is to see Conservative pundits get on TV and talk about how we need to cut
$100Bn worth of discretionary spending to "fix" this (while continuing
to spend $1Tn on the military and $1Tn on tax cuts for the top 1% each year).
There is no fixing this and even a Republican said you can’t fool all of the
people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT
THERE! ‘
] The Washington region's unemployment
rate dipped only slightly in November from a year ago.
New
Congress, old style (Washington
Post) [ Come on! It’s articles like
this, particularly lately by Mr. Milbank, that’ve been hurting my eyes and ears. One party /
administration more corrupt than another in pervasively corrupt, defacto
bankrupt america? You’d need a micrometer to discern the difference. Those dogs
don’t hunt no more. It’s not so long ago that one can’t remember (Reagan /
bush) Iran Contra (which was just another excuse for operatives / cia / etc.,
to enrich themselves via illegal drug trade / arms which they’d do anyway but
wrap themselves in the flag as so-called patriots for legal protection, ie.,
that so-called purported ‘technicality’ (bribe) that threw out knucklehead
accomplice ollie north’s felony, etc., dumbya bush’s war crimes, war on a lie,
wall street’s rampant and protected fraud, war profiteering, the clinton
scandalous, etc., years. All three branches of the u.s. government are
hopelessly and pervasively corrupt. (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) . But, let us also grudgingly admit that any
accusation of corruption in american government is at least on its face, true;
because, it really is true despite the concomitant reality of the ‘pot calling
the kettle black’ scenario. ] Milbank: The new
GOP majority and its leader, Eric Cantor, are acting a lot like the Dems they
beat.
Short-Term, High-Probability Mean-Reversion Indicator:
Overbought Readings Continue to Increase Crowder ‘It was the best
start to a year in over seven years, but I am not sure how long Monday’s gain
will last, at least over the short-term.According to my High-Probability,
Mean-Reversion overbought/oversold indicator, most of the ETFs I follow have
pushed into a short-term “overbought” to “very overbought” state. As I have
stated ad nauseum, when this many ETFs hit a short-term extreme the market
typically takes a short-term reprieve (1-3 days).The XLB
position that is currently held in the High-Probability, Mean-Reversion strategy
moved in the red Monday although it was only a slight move. The position, in my
opinion, still looks rather well-positioned given the short-term extreme
overbought state of the market and XLB.Since I placed the trade there have been
some incredibly large positions taken in XLB. Someone sure thinks the Materials
sector (XLB) is headed south. Check it out here.The year ended with some nice gains as
the High-Probability, Mean-Reversion strategy made 9.7% gains for the month to
follow up the 3.7% in November. Not bad for the first two months of the
strategy. Hopefully 2011 will bring allow for more gains in the strategy.As I
stated last week, going back over the last seven years, if you purchased QQQQ on the 8th trading day of January and
held until the end of the month, you would have had returns of -2.3%, -3.1%,
-2.3%, -2.7%, -4.1%, -1.6% and -7.7%. The median maximum gain during those
trades was +0.7% compared to a median draw down of -5.3%.
Short-Term High-Probability, Mean-Reversion Indicator – as of
close 1/03/10
Benchmark ETFs
* S&P 500 (SPY)
– 86.5 (very overbought) / RSI (2) – 96.5
* Dow Jones (DIA)
–79.5 (overbought)
* Russell 2000 (IWM)
– 71.4 (overbought)
* NASDAQ 100 (QQQQ)
– 74.5 (overbought)
Sector
ETFs
*
Biotech (IBB)
– 62.5 (neutral)
* Consumer Discretionary (XLY)
– 70.5 (overbought)
* Health Care (XLV)
– 72.5 (overbought)
* Financial (XLF)
– 84.2 (very overbought)
* Energy (XLE)
– 89.5 (very overbought) / RSI (2) – 98.8
* Gold Miners (GDX)
– 48.5 (neutral)
* Industrial (XLI)
– 80.1 (very overbought)
* Materials (XLB)
– 91.4 (very overbought) / RSI (2) – 95.7
* Real Estate (IYR)
– 85.8 (very overbought) / RSI (2) – 96.0
* Retail (RTH) – 76.2
(overbought)
* Semiconductor (SMH) – 61.8
(neutral)
* United States Oil Fund (USO)
– 64.1 (neutral)
* Utilities (XLU)
– 68.3 (neutral)
International
ETFs
*
Brazil (EWZ)
– 82.0 (very overbought) / RSI (2) – 98.7
* China 25 (FXI)
– 72.2 (overbought)
* EAFE (EFA)
– 77.4 (overbought)
* South Korea (EWY)
– 91.9 (very overbought) / RSI (2) – 99.1
Commodity
ETFs
*
Gold (GLD) – 64.9 (neutral)
Ultra
Extremes
* Small Cap Bear 3x (TZA)
– 24.6 (oversold)
* Small-Cap Bull 3x (TNA)
– 74.1 (overbought)
* UltraLong QQQQ (QLD) –
75.4 (overbought)
* Ultra Long S&P 500 (SSO)
– 90.2 (very overbought)
* Ultra Short S&P 500 (SDS)
– 10.7 (very oversold)
* UltraShort 20+ Treasury (TBT)
– 43.5 (neutral)
Disclosure: I am short XLB.’
China
Stocks’ Best Forecaster Predicts Further Slump in 2011
What it took to get the defense spending bill
passed (Washington Post) [ Given the defacto bankrupt status of the
nation, I’d say, like the unprecedented and insurmountably great national debt,
unprecedented and insurmountably great stupidity. Drudgereport: NATIONAL DEBT TOPS $14 TRILL
Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is
a complete disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of
economic revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with them."Check
the accompanying video for more of Howard's unfettered opinions and stay tuned
for additional
clips from this interview. And...Happy Thanksgiving! Aaron Task
is the host of Tech Ticker. You can follow him on Twitter at @atask
or email him at [email protected]’
Timid
Tuesday: Is it Safe? Davis ‘… This is how we
pay off our current debts and I think bondholders are simply happy to get
anything out of a country that admits it owes $15Tn (1/4 of global GDP) but
probably owes closer to $60Tn (entire global GDP) in the form of unfunded
liabilities. The funniest thing about this (and you have to laugh) is to see
Conservative pundits get on TV and talk about how we need to cut $100Bn worth
of discretionary spending to "fix" this (while continuing to spend
$1Tn on the military and $1Tn on tax cuts for the top 1% each year). There is
no fixing this and even a Republican said you can’t fool all of the people all
of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE
CAREFUL OUT THERE! ‘
]
Israeli
troops kill Palestinian man at checkpoint in West Bank
(Washington Post) [ Could you imagine if it was a jew who was killed.
Beyond the stereotype which is easily envisioned, you’d never hear the end of
it. But israel sees no need to adhere to laws governing the civilized
throughout the world, from illegal nukes, to u.n resolutions (ie., 343, 338,
etc), international law, etc., and hence, the strife we see in the region and
throughout the world. ]
U.S.-built
infrastructure is deteriorating (Washington Post) [ At first glance, I
thought this article was miscategorized as a national story in the World
section. Indeed, there’s no denying the truth of the title as america
generally, domestically. Yet, the tragedy is that the tainted, destructive,
self-defeating wars for america have been a boon for war profiteers, frauds of
all stripes, when this defacto bankrupt america is sorely in need of repair,
replacement of its own shoddy, aging infrastructure suffering from the domestic
equivalent of similar scams, kickbacks, shoddy workmanship and all. After all,
it got to the point that they didn’t even go through the motions / façade and
actually flew $12 billion in hundred dollar bills into Iraq which to this day
is unaccounted for / unprosecuted … like the wall street frauds, since the
worthless toxic paper cashed out by wall street is still out there in the
trillions now marked to anything. ] Roads, canals and schools built in
Afghanistan as part of a special U.S. military program are crumbling under
Afghan stewardship, despite new steps imposed over the past year to ensure
reconstruction money is not being wasted, according to government reports.
Bank
of America settles loan dispute with Fannie, Freddie (Washington Post) [
Guess they’re just looking for some year end bonus money (maybe not, depending
on the controls, if any, if enforced – they weren’t last year). After all,
though I believe the wall street frauds have been cashing out, albeit somewhat
surreptitiously by way of QEs 1,2, etc., and for ever more worthless
over-printed fiat dollars, that ‘toxic’ worthless paper is still out there in
the many trillions marked to anything. Indeed, Davidowitz
adds that with record numbers of americans on food stamps, real unemployment at
17+, wall street is giving out record bonuses from their accomplished fraud
(with no-recession b.s. bernanke help) of $144 BILLION …] Fannie Mae and Freddie Mac have accepted
$2.8 billion from Bank of America to largely put to rest claims that the bank
sold them faulty loans.
Incoming
House GOP chairmen have a long list of issues to investigate (Washington
Post) [ Yeah … Sounds like a plan! … One that requires backtracking at least to
dumbya bush days and war based on a lie with wobama taking up where dumbya bush
left off; viz, that perpetual war thing though the nation’s defacto bankrupt.
Then there’s the still no pros for the largest and most massive securities
fraud in the history of the world with consequences still extant to the tune of
trillions in toxic / worthless paper now marked to anything they so choose as
per legislative mandate via FASB rule change (bush’s and surprising to some
wobama’s base) . A full plate, there is no doubt. But, butt, just posturing,
politicking, don’t look for anything of consequence though there’s plenty
there. Then there’s zionist peter king of the national sinkhole new york ( / new jersey- Bankrupt
Government Has Plans For Your Unused Gift Cards. [Mob invested, (and like america, generally) pervasively corrupt,
meaningfully lawless and defacto bankrupt toxic, disgusting jersey is just
doing what they’ve done for at least decades … no surprise here. (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ] Jason Douglass ‘…Saving up this years gift
cards to make a large purchase? You better use them up fast because state
governments like New Jersey think they have a better use for that money. In an
attempt to save themselves from obvious mismanagement, state authorities have
begun steps to confiscate the balance left on your unused gift cards. Arguably,
gift cards are one of the biggest scams going. Most consumers have been exposed
to gift card’s eccentricities and know how impossible it is to use all the
money on the card. Then, once the transaction is complete, it is twice as
difficult to get the remainder of the balance left on the card in cash. Now our
public officials want to get in on the scam.Large amounts of unused cash are
locked away in these effective little marketing devices and New Jersey thinks
they have a right to seize that money from you. In fact, they’ve already taken
the steps to do just that…’ ]
Is
This a Major Market Top? [ Truth be told, there was a time when I read
Barron’s with great regularity (no more). I never missed Alan Abelson’s incisively
sharp wit and the market laboratory, the latter being supplanted by readily
accessible numerical data on the web. I also don’t recall Alan Abelson ever
being wrong and I don’t think he’s wrong here, particularly when you consider
the costs, fraud, and insanity underlying this manipulated and inflated stock
market which bubble is at best a (contrived) bull cycle in a secular bear
market. ] Roche ‘With economic recovery still in doubt and sentiment readings
at their highest levels since the S&P 500 topped in 2007, some market
prognosticators find the latest surge in stocks to have been irrational. There
is now a near universal belief that stocks have but one direction to go and
that has some investors feeling uneasy. This
weekend’s Barron's showed the diametrically opposing views as two of their
leading columnists (Alan Abelson and Mike Santoli) discussed why they believe
this is a major market top (or not).
Abelson refers
to a certain veteran market technician (whom he doesn’t identify):
And he shares our concern about the epidemic of
optimism that has gripped the Street, manifest in any number of wildly bullish
forecasts for the market in 2011. It is the kind of explosive optimism that is
usually witnessed, he says more in wonder than rue, at market tops, either
temporary or something worse.
He doesn’t buy the argument that the huge stash of
cash supposedly sitting on the sidelines is a guarantee of a steady source of
fuel for the equity rally. Rather, he calls that hefty pile of cash, which is
being augmented by a fresh infusion from fixed-income investors now that bonds
are getting clocked, “scared money.” It belongs, he elaborates, to folks who
all this time have been leery of committing their dough to stocks but, thanks
to December’s quantum leap in share prices, have grown increasingly fearful of
missing the next leg up, and are itching to put all that scratch to work.
That such nervous-newbie equity buyers will stay the
course and step up their buying after the initial, inevitable correction is
hardly a given. Our bet is that they would jackrabbit out at the first hint of
trouble.
The peerless technician is also bothered by the
leadership of the end-of-the-year rally. More specifically, the shares of
commodity-related companies are in the vanguard of the advance at a time when
China, the big global buyer of virtually every commodity known to man, is
striving to rein in inflation. It is no accident, he suggests, that Chinese
stock markets have been lagging, and he feels they may prove a pretty good
precursor for our own dear market.
In sum, he sees stocks making at least a temporary
top early in the new year. It’s hard to say, he readily admits, just how bad or
enduring a setback equities will suffer. But obviously, he’s talking something
more substantial than a flickering decline or a tiny crack.
Santoli’s case against a major market top has been
more commonly discussed:
The reasons the bulls are bullish are also pretty
universally agreed upon. The industrial economy has gathered some momentum, the
emerging markets are surging, companies are flush, profits look set to rise
decently again, the Federal Reserve is seeking new ways to penalize risk
aversion, taxes won’t go up and the market tends to do well in the year after a
midterm election.
And we can add to the list the likelihood that
another financial-engineering cycle is just getting into gear, so expect lots
of equity-friendly refinancings by stretched companies, re-leveraging by
cash-rich ones and buyouts hither and yon.
The thing is, it’s all pretty much true. And because
of that, and given that stock valuations are not excessive, it’s tough to think
a likely pullback or worse would signal some major top.
Indeed, the happy feeling and the recent climb in
margin borrowing and drop in short interest, by one way of looking at them,
simply show that what has been a bull market for the better part of two years
is finally being viewed as one. The last time we had such a run of investor
optimism, indeed, was late 2004, before a calm but not terribly exuberant year.
The risk, then, is more about the near term, about
expectations of ease meeting some unforeseen complication early this year, and
that what’s likely to be a firm fundamental and technical case for riskier
financial assets in 2011 has, to a fair degree, been priced in by the market
lift of late 2010.
Interestingly, both appear to agree that the major
risk is in the near-term. Santoli, however, clearly believes any sell-off will
prove to be a buying opportunity. Abelson tends to still be in the bear market
camp. Major market top or a prelude to a continuation of the bull market? Only
time will tell.
Source: Barron's’
Gerald
Celente: What’s in store for 2011 RT | “Were going to see
more and more cyber attacks, just like we saw with WikiLeaks,” explained
Celente.‘What’s in store for the world in 2011? Trends forecaster Gerald
Celente of the Trends Research Institute provided his insights on the year
ahead. Will the people of the world wake up to a dire economic reality? Will
the US dollar or the value of gold prevail? Will hardship-driven crimes be
committed across the socioeconomic spectrum by legions of the on-the-edge
desperate? Will the “War on Terror” morph into the “War on Crime,” where all
Americans are suspects until proven innocent? Will governments try to eliminate
free access to the web and literally shut down computers and websites they
consider a threat to national security? Will the seeds of revolution be
sown?Celente argued that all of the above will take place in some shape or
form. There will be a wakeup call on the economy, a crack down on the people
and a loss of liberty, and also an increase in Journalism 2.0, alternative
energy and a growth in cyber war tactics. “Look what’s happening now. You name
the city,” he said.“The people are getting hit on at every level.” The banks
and governments are robbing the people and will continue to do so, he argued.
“What they are going to do, is they are going to make up the slack by going
after the little people at every level; licensing fees, parking fees, you name
it, they’re going to squeeze every dollar out of the people,” Celente
commented.“If you go five miles over the speed limit there’s a cop waiting for
you.” Gold will run high in 2010, as the federal resave continues to dump US
currency into the system gold will rise much higher, possibly even double in
value over the next year. In the name of terror the government will clamp down
on the people, crime will rise as dissatisfaction with the economy and
government policies rise. “Big Brother will be watching!” Celente said. “We
even have Wal-Marts as a rat for the homeland security division to call them up
and let them know if anything is untore that they should know about and they
are talking now about expanding homeland terrorist security in hotels and
shopping malls.” The US government will be watching every move every person
makes. “They are going to clamp down more and more as people continue to
complain more and more about the injustices that are happening, particularly on
the economic front,” he explained. “When people lose everything, and they have
nothing left to lose, they lose it! As people keep losing it, the government
will crack down even tighter.” Looking forward, cyber warfare will grow
further, becoming a new type of warfare for the 21st century. Those in cyber
industry have a strong future, he added.“Were going to see more and more cyber
attacks, just like we saw with WikiLeaks,” explained Celente. “We’re going to
see worldwide cyber crime. In the end, the world will end in 2011,” said
Celente, but what that means exactly he wouldn’t say.’
Bankrupt
Government Has Plans For Your Unused Gift Cards. [Mob invested, (and like america, generally) pervasively corrupt,
meaningfully lawless and defacto bankrupt toxic, disgusting jersey is just
doing what they’ve done for at least decades … no surprise here. (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ] Jason Douglass ‘…Saving
up this years gift cards to make a large purchase? You better use them up fast
because state governments like New Jersey think they have a better use for that
money. In an attempt to save themselves from obvious mismanagement, state
authorities have begun steps to confiscate the balance left on your unused gift
cards. Arguably, gift cards are one of the biggest scams going. Most consumers
have been exposed to gift card’s eccentricities and know how impossible it is
to use all the money on the card. Then, once the transaction is complete, it is
twice as difficult to get the remainder of the balance left on the card in cash.
Now our public officials want to get in on the scam.Large amounts of unused
cash are locked away in these effective little marketing devices and New Jersey
thinks they have a right to seize that money from you. In fact, they’ve already
taken the steps to do just that…’
Tipping Point: 25 Signs That The Coming Financial Collapse Is Now Closer Then Ever The financial collapse that so many of us have been anticipating is seemingly closer then ever. Over the past several weeks, there have been a host of ominous signs for the U.S. economy… ] Decision could make it easier for the bailed-out lender to launch an IPO and repay its government debt.
Pakistan's
top general vexes U.S. plans (Washington Post) [ Geeh! How dare that PAKISTAN General not jump on the war criminal
american crazy train by putting the interests of his nation ahead of u.s.
contrived interests and preventing Pakistan from being turned into a toxic
wasteland, killing fields, etc., as in Iraq, Afghanistan, etc.. ] Despite intense efforts, officials fail
to persuade Gen. Ashfaq Kayani to undertake the administration's strategy of
eliminating Taliban havens inside Pakistan.
Economic
forecasters see growth in 2011 (Washington Post) [ Kind of like that prescient economic
forecast of ‘no recession’ preceding this continuing financial / economic
debacle of a magnitude exceeding that of the great depression from our
‘economist in chief’ helicopter ben … riiiiight! … And you can take that the
insolvent bank! Stock
markets weather a challenging 2010 (Washington Post) [
‘Weather’, ‘forecasts’ … somehow those words taken together do not
engender confidence. Yet, like today, there’s no shortage of that exuberance
thing just as in 2007 preceding the last crash, or preceding the dot.com crash,
etc., and this time will be no different and probably worse. Pay
Attention to New Year Market Indicators [ The problem with these anecdotal,
mechanized (and sophomoric) technical guidelines is that the frauds on wall
street are well aware of them and with the current computer technology can
easily program to meet them with the fraudulent hope they’ll become
self-fulfilling. I disagree with the ‘everything coming up roses, green shoots
and all’ scenarios being painted in typical self-interested fashion and hardly
objective. Even near perma-bull John Augustine (speaking with Motek) looks for
at a minimum, if things go well for the economy (not at all likely and no can
do with real numbers / data) a 3-5% pullback / correction near term. Keep in
mind all stock prices have been inflated by amounts exceeding the gains, viz., 13-17%
by the debased dollar which of course is reflected in huge price increases for
commodities across the board which will impact margins or consumption or both
going forward. ] Plessis ‘If Santa has not yet made his way to your investment
portfolio, don’t despair. According to Jeffrey Hirsch (Stock Trader’s Almanac),
the “Santa Claus Rally” normally occurs during the last five trading days of a
year and the ensuing first two trading sessions of the new year. During this
seven-day period stocks historically tend to advance (by 1.5% on average since
1950), but when recording a loss, they frequently trade much lower in the new
year.With four of the seven sessions behind us there has been little in it,
with the S&P 500 Index marginally up by 0.09% and the Dow Jones Industrial
Average losing 0.03%.Another old stock market saw tells us the first five
trading days of January sets the course for January (known as the “First Five
Days Early Warning System”), and if the month of January is higher, there is a
good chance the year will end higher, i.e. the so-called “January Barometer”.
Every down January since 1950 has been followed by a new or continuing bear
market or a flat year. “As January goes, so goes the year,” said Hirsch.Lastly,
according to Hirsch, the “December Low Indicator" says that should
the Dow Jones Industrial Index close below its December low anytime during the
first quarter, it is frequently an excellent warning sign of lower levels
ahead. The numbers to watch are those recorded on December 1: 1,206.07 for the
S&P 500 Index and 11,255.78 for the Dow Industrial Average.The American
benchmark indices will have to crash today in order to make 2010 a down year.
Early indications therefore point to the January Barometer (with January having
been a down month) this year failing investors. Looking ahead to 2011, time
will tell whether the year-end/new-year indicators play out according to the
historical pattern. Meanwhile, we’ll have some fun tracking how it pans
out.’ ] In a year of political upheaval, fiscal crisis in Europe
and the threat of a double-dip recession in the United States, the stock market
weathered all challenges, plodding upward. Economic
forecasters see growth in 2011
Private
markets make up the core of Obamanomics (Washington Post) [ I doubt there
is a core at all … nothin’ there … spend more than you take in … just smoke and
mirrors … more bush*t … you know, froth the markets, fraud be damned but
welcomed / protected … and, as before, this will end quite badly! But regarding
the now ‘Klein Controversy’, the following: Wash
Post Staffer: Constitution Impossible to Understand Because It’s Over 100 Years
Old [ In a meaningfully lawless society as pervasively corrupt, defacto
bankrupt america, constitution / laws have become irrelevant in application and
effect. After all, even zimbabwe has a constitution / laws, but I dare say no
one would suggest they have any practical effect in reality, as is also so in
america. I therefore believe Mr. Klein is correct but for reasons other than
age and malleability. Indeed, anyone who has written a legal brief and
researched law in support thereof, ultimately realizes that almost invariably
one can find some case / law in support of almost any position. In america
today, it’s the bribe, one way or another, that carries the day and makes the
difference. Ask sam alito et als. That’s just the way it is in a declining,
fallen society as america, zimbawe, etc.. That’s certainly my direct, sworn
experience with these corrupt courts constituting (in large part along with the
other 3 branches) pervasively corrupt, defacto bankrupt america’s illegal
system. Senate convicts Clinton-appointed judge...
[ Come on! One way or another they’re almost all getting bribed; including the
initial lifetime appointment as alito, trump-barry, etc.. Abolish the corrupt, costly, economically wasteful
lifetime extravagantly appointed federal courts (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) End those lifetime licenses to steal. ] In earlier
hearings, two attorneys who once worked with Porteous had testified that they
gave him thousands of dollars in cash, including about $2,000 stuffed in an
envelope in 1999, just before Porteous decided a major civil case in their
client's favor. ] Breitbart | On word that the House will open its next session
with a first-ever reading of the U.S. Constitution, blogger Ezra Klein suggests
that the Constitution is irrelevant due to its age and politically-malleable
language. ]Eight key economic decisions of the Obama presidency all point in
one direction.
Pay
Attention to New Year Market Indicators [ The problem with these anecdotal,
mechanized (and sophomoric) technical guidelines is that the frauds on wall
street are well aware of them and with the current computer technology can
easily program to meet them with the fraudulent hope they’ll become
self-fulfilling. I disagree with the ‘everything coming up roses, green shoots
and all’ scenarios being painted in typical self-interested fashion and hardly objective.
Even near perma-bull John Augustine (speaking with Motek) looks for at a
minimum, if things go well for the economy (not at all likely and no can do
with real numbers / data) a 3-5% pullback / correction near term. Keep in mind
all stock prices have been inflated by amounts exceeding the gains, viz.,
13-17% by the debased dollar which of course is reflected in huge price
increases for commodities across the board which will impact margins or
consumption or both going forward. ] Plessis ‘If Santa has not yet made his way
to your investment portfolio, don’t despair. According to Jeffrey Hirsch (Stock Trader’s Almanac),
the “Santa Claus Rally” normally occurs during the last five trading days of a
year and the ensuing first two trading sessions of the new year. During this
seven-day period stocks historically tend to advance (by 1.5% on average since
1950), but when recording a loss, they frequently trade much lower in the new
year.With four of the seven sessions behind us there has been little in it,
with the S&P 500 Index marginally up by 0.09% and the Dow Jones Industrial
Average losing 0.03%.Another old stock market saw tells us the first five
trading days of January sets the course for January (known as the “First Five
Days Early Warning System”), and if the month of January is higher, there is a
good chance the year will end higher, i.e. the so-called “January Barometer”.
Every down January since 1950 has been followed by a new or continuing bear market
or a flat year. “As January goes, so goes the year,” said Hirsch.Lastly,
according to Hirsch, the “December Low Indicator" says that should
the Dow Jones Industrial Index close below its December low anytime during the
first quarter, it is frequently an excellent warning sign of lower levels
ahead. The numbers to watch are those recorded on December 1: 1,206.07 for the
S&P 500 Index and 11,255.78 for the Dow Industrial Average.The American
benchmark indices will have to crash today in order to make 2010 a down year.
Early indications therefore point to the January Barometer (with January having
been a down month) this year failing investors. Looking ahead to 2011, time
will tell whether the year-end/new-year indicators play out according to the
historical pattern. Meanwhile, we’ll have some fun tracking how it pans out.’
Happy
New Year! Here Are The Final Numbers For 2010 , On Friday December 31, 2010
‘Indices mixed
today, but not for the year. Stocks weren't the real winner, however, with
commodity prices booming.
First, today's
scoreboard:
- DOW up 0.08%
- S&P 500 down flat
- NASDAQ down 0.38%
Now, the final scoreboard for 2010:
Equities:
- 2010 DOW up 10.94%
- 2010 S&P 500 up 12.72%
- 2010 NASDAQ up 16.9%
Check out the best and worst performing global equity indices
in 2010 >
Commodities:
Check
out Societe Generale's guide to commodities in 2011 >
Bonds:
Bank of America Merrill Lynch’s Global Broad Market
Index rose 4.7% this year.
- 2010 Year end 5-year treasury yield 2.00%
- 2010 Year end 10-year treasury yield 3.28%
- 2010 Year end 30-year treasury yield 4.33% …’
Drudgereport: Medicare
Bound to Bust 'by 2017' as First Boomers Hit 65...
POLL:
Only 21% Want FCC to Regulate Internet...
Fear of Political Agenda...
Next
Year's Wars: 16 brewing conflicts to watch...
VIDEO:
Oil Could Push to $110...
Berlin
sees most snow in December since 1900s...
White
House Plans to Push 'Global Warming' Policy, GOP Vows Fight...
FLASHBACK:
Gore Reports Snow and Ice Across World Vanishing Quickly...
Top
China blogger forced to shut down magazine...
Non-US
banks gain from Fed crisis fund; Half of emergency credit facility cash went to
foreign institutions...
Backlash...
THE
MAN WHO TOOK ON BIG SIS... Pilot angered TSA with video... ‘…News10 established a relationship with the Liu
family last July after their rental home in Sacramento's Oak Park was destroyed
by an arsonist. Four firefighters were injured when the house exploded…’
Oil
rises near $92...
Ex-SHELL
president sees $5 gas in year...
MATTHEWS:
Why Doesn't Obama Just Release The Birth Certificate?
NYT:
Bundle Up, It's Global Warming...
Obama
Reading List: Book on Reagan... [ Reagan would absolutely detest,
hate (yes, Reagan could hate ) wobama
and did detest, hate people like failed president like no other in history,
wobama]
Duma
Disses Obama, delays START vote...
Assange
fears death in a US jail...
OPEC
Members 'Target $100'...
China,
following pervasively corrupt, meaningfully lawless, defacto bankrupt american
example, bars political dissident access to lawyers...
Indefinite
detention possible for suspects at Guantanamo Bay...
DARK SIDE OF SIS: AGENTS RAID HOME OF PILOT CRITICAL OF TSA...
Posted Video Exposing Airport Security Flaws...
PUNISHED...
DEFICIT
HITS RECORD...
MINORITY
REPORT: Spielberg advising on rebranding Dems... [ Come on! You
can’t unring the bell on the damage they’ve done by particularly doing the opposite
of what they said, from perpetual war, to no prosecutions of the wall street
frauds now marked to anything as per criminal courtesy via FASB rule change,
etc.. They b*** s*** like their mascot, ‘wobama the b’ (for b*** s***); not
that the republicans are substantially different … they’re incompetent,
corrupt, etc... They’ve embraced the ‘history of decline and fall of
nation-states’. ]
TODAY:
Obama pledges 'singular focus' on economy...
ONE
YEAR AGO: 'Obama to focus hard on economy'...
TWO
YEARS AGO: Obama to put 'renewed focus' on economy...
US
press should fear being targeted: Assange...
BLOWOUT:
Government liabilities rose $2 trillion for year...
PEOPLE:
308,745,538
DEBT:
$13,868,461,000,000
STATE
OF THE NATION: Census shows slowing US growth...
GOP-leaning
states pick up seats in Congress...
NY, OH, IL, MA, NJ and PA lose seats...
FCC
Gives Government Power to Regulate Web...
Agency
splits along party lines...
DeMint
vows to reverse 'Internet takeover'...
AP:
TOP 10 STORIES OF 2010...
MOODY'S
May Cut US Rating on Tax Package...
New
spending bill totals $1.1 TRILLION!
Congress
Job Approval Rating Worst in GALLUP History...
FLASHBACK:
Obama Promised 5-Day, Public Review of Bills Before Signing; Signs Tax Bill
Within Hours of House Vote...
13 million get unexpected tax bill from 'tax credit'?
Pelosi
skips vote on tax bill, then shuns signing ceremony...
House
votes to extend gov't funding -- through Tuesday...
OBAMA
FALLS TO 40% APPROVE IN FOXNEWS POLL...
The FCC's Threat to Internet Freedom...
Dems
play politics with 'net neutrality' vote...
'Sweeping
new rules'...
REGULATE...
SHUT:
Music Web Sites Dispute Legality of Their Closing...
UK
ministers threaten: Censor web, or we will legislate 'to protect children'...
Plan
to block all online porn...
Hugo
Chavez defends plan for web regulations...
Venezuela
tightens Internet regulation...
THEY'RE
COMING FOR THE INTERNET!
JULIUS
SEIZURE
$2
trillion debt crisis threatens to bring down 100 US cities...
States
face $140 billion in budget shortfalls...
32
states borrow billions from feds to cover unemployment benefits...
Friedman:
America the Stupid...
French
AAA Grade at Risk as Downgrades Sweep Europe...
Oil Heads
Toward $100...
Chavez
defends plan for Internet regulations...
UK
ministers threaten: Censor web, or we will legislate 'to protect children'...
The
FCC's Threat to Internet Freedom...
Dems
play politics with 'net neutrality' vote...
'Sweeping
new rules for the Internet'...
SKorea
detains Chinese fishermen...
Security
Council meets on tensions...
North
Threatens More Attacks...
...
says war would go nuclear
China
warns of escalating arms race...
'Don't ask' repeal moves toward law...
DREAM OVER: Senate Blocks Bill for Illegal Immigrants...
Budget
Brawl Looms in Congress...
Michelle
wears $2,500 purchased dress to Christmas concert...
Senate
Plans Weekend Votes on 'Don't Ask, Don't Tell,' Amnesty Bill...
Senator:
Gay ban tied to Russia treaty...
UN
PLANS INTERNET REGULATION [ Those
who can’t do … work at the u.n., in the u.s.; after all, for the first time in
human history, the internet has for the most part enabled an unfettered look at
the truth and truthful reasons for the unequivocally sad state of the world.
That a supposed world body should support and potentially facilitate the
encroachment upon such global communication is reason enough to dismantle such
an already discredited body which arbitrarily seeks enforcement of some
‘resolutions’ as to some but not others ( ie., israel, u.n. resolutions 242,
338, etc., israeli and american war crimes, etc..) Raison d’tre … I don’t think
so! Quite the contrary! ]
Regulators
close banks in GA, FL, AR, MN... [ Regulators shutter 3 small banks in Ga., 1 each in
Fla., Ark., Minn.; 157 banks closed in 2010 ]
Payrolls Drop in 28 States, Joblessness Rises in 21...
Nevada rate to 14.3%...
Rhode Island City Nears Bankruptcy...
Ireland Debt Downgrade...
IMF chief worried about Europe domino effect...
Senate
clerks preparing to read 1,924-page spending bill on floor -- for 50 hours!...
Senator:
'There's No Way' To Read Entire Bill Before Vote...
KERRY:
'Why Would We Have To Read Something?'
McConnell
offers 1-page resolution in place of 1,924-page spending bill...
SHOWDOWN:
Gingrich Urges Fillibuster...
Biden
To GOP Opposition: 'Get Out Of The Way'...
Reid:
Earmarks are 'what we're supposed to do'...
Ban on Gitmo transfers vanishes...
Omnibus
bill loaded with goodies for abortion industry...
PRIORITIES:
House approves bill to make hybrids louder...
23%
Say USA Heading in Right Direction, Lowest Since Obama Took Office...
POLL:
Just 29% think Obama will be re-elected...
Is
America the sick man of the globe?
BUCHANAN:
Is this our America anymore?
UK
Red Cross Bans Christmas to Avoid Offending Muslims...
SALVATION
ARMY bell ringer caught stealing from kettle...
Deputies
suspended after getting into brawl at party...
2
women charged with robbing 74-year-old...
Hundreds
of gifts for kids stolen from 'Toys for Tots'...
Thousands
of dollars in donated toys ruined after skunk attack...
Grocery
prices grow by 1.5 times inflation rate...
Socialist
president plays host to capitalism...
REPORT:
Obama told lawmakers not passing tax deal could end presidency...
A
$48 billion earmark...
PAPER:
Year of bullying, bluff and bailouts leaves euro fighting for its life...
Reeling
from riots, Italy faces uncertainty...
Greek
anti-austerity strike turns violent...
VIDEO...
MORE
UNREST: 2011...
$575
million PER PAGE...
6,488
earmarks...
McConnell
fumes: 'No one has seen it'...
Reid threatens to keep Congress into next year...
Intelligence
Reports Offer Dim Views of Afghan War...
HOLBROOKE
LAST WORDS: STOP THIS WAR!
UPDATE:
RUSSIA TO USE CHINA CURRENCY IN TRADES...
UK
GRANTS ASSANGE BAIL; SWEDEN APPEALS...
Release
delayed...
Lawyer:
Secret Grand Jury Meeting Outside Washington on Leak...
CHRISTMAS CRIMES: Drive-By
Purse Snatcher Terrorizing Women In NJ...
2
women charged with robbing 74-year-old...
Hundreds
of gifts for kids stolen from 'Toys for Tots'...
Thousands
of dollars in donated toys ruined after skunk attack...
Copper
thieves burn down city's Christmas tree...
Burglar
steals family's gifts -- and its dog!
Grave
robbers steal 400 urns from cemetery...
'Grinch'
Steals Packages Off Doorsteps, Signs For Deliveries...
Home
Invaders Tie Up 12-Year-Old Boy, Take Video Games...
90-Year-Old
Man Put In Choke-Hold, Robbed Of $370...
'Tea
Party' anger simmers over backroom deal; Ramps up efforts...
2
Bank Failures Bring Year's Tally To 151...
COPS: Madoff's son hangs himself with dog collar in SoHo
apartment...
...gave mechanic $400 tip day before suicide
Madoff
Trustee Launches $19.6 Billion Lawsuit; 60 accused of participating in 'illegal
scheme'...
Pump
prices close in on average $3 a gallon...
FLASHBACK:
$1.81 when Obama took office...
BLOW
TO O: JUDGE RULES GOV'T CAN'T MANDATE CITIZENS BUY HEALTH CARE...
Cantor:
Direct Appeal to Supremes...
POLL:
Support For Obamacare Hits New Low...
Pelosi:
'Are You Serious?'
Obama: 'I'm itching for a fight'...
U
N C O N S T I T U T I O N A L
Barbara
Walters: 'This Guy (wobama) Has an Emotional Problem' [ Yes, it’s true,
babawawa … wobama has substantial mental problems which along with inherent
criminality are pervasive in america which also includes boner, and where were
you in discussing such, babawawa regarding psychopaths bush, clinton, etc., or
even former beau, senile greenspun ]...
DEFICIT
HITS RECORD...
Putin Slams West for Assange Arrest...
US
cable: Cuba to be insolvent within 2-3 years...
Assange
Lawyers Prepare for U.S. Spying Indictment...
Teen
Arrested in Hack Attacks...
Donations
to WIKILEAKS are Tax Deductible -- in Germany...
Anonymous
cyberwarriors stun experts...
Media
outlets may be probed over WikiLeaks stories, joe ‘zelig zionist incompetent
and corrupt‘ lieberman in Campaign To Trample The First Amendment claims Can the US government prosecute media outlets
that reported on the WikiLeaks cables? According to joe ‘zelig zionist
incompetent and corrupt‘ lieberman in
his Campaign To Trample The First Amendment, the answer is maybe.
Home
Values May Drop by $1.7 Trillion This Year...
UNEMPLOYMENT
WEEK: DOWN TO 421,000; REVISED UP LAST WEEK 438,000...
POLL:
Most Americans Say They’re Worse Off Under Obama...
F
O [Related: Olbermann:
Obama Is ‘God Damned Wrong’ ]
REVENGE
OF THE WIKIS!
Army
of hackers targets the Swedish government...
Take down
MASTERCARD site...
...VISA
PAYPAL...
AMAZON
braces for hactivist attack...
Palin
under cyber attack...
Assange's
'poison pill' file impossible to stop...
MOSCOW:
Give Assange Nobel Peace Prize...
SENATE REJECTS REPEAL OF DON'T ASK DON'T TELL...
House
Dems push through massive budget bill...
Final
House Race Decided; GOP Net Gain: 63 Seats...
Ron
Paul, Author of 'End the Fed,' to Lead Fed Oversight Panel...
Student
protesters in London turn violent over tuition hikes...
Thousands
try to break through police barricades at Houses of Parliament...
...attack car containing Prince Charles, Camilla...
Rolls
Royce hit with paint; rear window smashed...
US Treasuries hit by biggest sell-off since
LEHMAN...
Prices Plunge for 2nd Day on Deficit Fears...
Rattles investors...
Oil tipped to bubble over $100 barrel...
Food Stamp Rolls Continue to Rise...
SHOCK POLL: Americans Believe China Has Surpassed USA
in Economic Strength...
'U.S. fiscal health worse than Europe's'...
Sorkin: Palin TV show is 'snuff movie'... [ Yeah … ‘she’s really all that’ and worse …
I have great difficulty getting past the fact that she’s so incredibly dumb …
not just ‘nonintellectual’ … butt really dumb! ] ‘… Sorkin, writer of the recent Facebook movie The
Social Network, also accused the Fox News contributor of making a "snuff
film" after the latest episode of Sarah's Palin's Alaska featured the politician
going hunting with her father and shooting a caribou. He described Palin as
"deranged", a "witless bully" and a "phony pioneer
girl". He also said The Learning Channel, the US cable network,
"should be ashamed of itself" for broadcasting her "truly awful
reality show"…’
Senate convicts Clinton-appointed judge...
[ Come on! One way or another they’re almost all getting bribed; including the
initial lifetime appointment as alito, trump-barry, etc.. Abolish the
corrupt, costly, economically wasteful lifetime extravagantly appointed federal
courts (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) End those lifetime licenses to steel. ] In earlier hearings, two attorneys who once worked
with Porteous had testified that they gave him thousands of dollars in cash,
including about $2,000 stuffed in an envelope in 1999, just before Porteous
decided a major civil case in their client's favor.
Assange could face espionage trial in USA...
Palin under cyber attack...
1st Amendment issues...
Assange's 'poison pill' file impossible to stop...
WIKILEAKS: Stop Us? You'll Have to Shut Down Web...
Berkeley 'resolution' honoring leaker...
Scientologists outraged over spoof Christmas play... [ Hubbard was such a total fraud!
Scientologists are delusional! ]St. Petersburg, Florida – ‘A controversial holiday musical production is
set to open at American Stage Theatre in St. Petersburg. Photos:
Pictures of
A Very Merry Unauthorized Children's Scientology Pageant "A
Very Merry Unauthorized Children's Scientology Pageant" is a musical play
designed for the holiday season, but this play will not focus on Jesus Christ,
but instead the story is about L. Ron Hubbard, the founder of the church Of
Scientology…’
NO BAIL...
Assange
'sabotaged condom' during one night stand...
Refused to wear one during another...
Stockholm police: Both women are victims...
INTERPOL WARRANT FOR NOT WEARING PROTECTION?
ASSANGE
UNDER ARREST:
'HE
DIDN'T WEAR A CONDOM'
Under
arrest, will Assange dump the Doomsday Files?
Assange:
Don't shoot messenger for revealing uncomfortable truths...
FLASHBACK:
HILLARY COMPLAINS GOVERNMENTS BLOCK FREE FLOW OF INFO ON INTERNET...
WIKILEAKS:
LIVE UPDATES...
FCC
push to regulate news draws fire...
Lieberman:
NYT may have committed crime by printing WIKILEAKS docs...
US
to Host World Press Freedom Day in 2011 … [ What a total travesty! The u.s. as
host … What a cruel joke! ] ...
OBAMA
RACES TO CUT TAXES BEFORE REPUBLICANS: 6.2% Social Security tax would drop to
4.2% for workers for one year... MORE
THE
NEW OBAMA!
SURPRISE TAX CUT
MOVE [ As with defacto bankrupt america
generally, more defacto bankrupt social security system, etc., are distinctions without significant
differences. ]
OIL
HITS $89...
Pump
prices hit 2-year high...
Schwarzenegger Declares Fiscal Emergency, Proposes $9.9 Billion In
Cuts...
Top
Democrats defect, join unified GOP...
WIKILEAKS'
Assange Will Release Encrypted Files If Arrested...
Cables
Reveal How US Manipulated Climate Accord...
Cable:
China Leaders Ordered Hacking on GOOGLE...
Meddling
by Neighbors Adds to Iraq's Woes...
Government
Workers Ordered Not to Read Cables...
Gingrich:
Leaks Show Admin 'Shallow,' 'Amateurish'...
McConnell:
Assange a 'High-Tech Terrorist'...
List of facilities 'vital to US security' leaked...
Mirror
Sites Appear by the Hundreds...
Assange
Speaks...
Hillary
Jokes...
US
forced to shake up embassies around world...
THE
DOOMSDAY FILES
PAPER:
Wave goodbye to Internet freedom...
[ I’m absolutely astounded that the world is not profoundly grateful to Assange
et als for providing insight into the machinations and insanity of pervasively
corrupt, defacto bankrupt america, et als who wreaked havoc on the world as
they pillage, plunder, and destroy (lives, nations, etc.). ]
+39,000
JOBS IN NOVEMBER...
BOEHNER: Dem Leaders Should Stop Wasting Time on Tax
Hike Votes...
HALPERIN: Dems 'In Midst of Nervous Breakdown'...
Obama Makes Surprise Trip to Afghanistan...
Flies 7,000 miles -- talks to Karzai for 15 minutes on
phone!
Forgets the Coast Guard...
Leaves Biden behind to handle 'disappointing' jobs
report...
Reid, funded by casinos, pushes online gambling...
ABCNEWS accused of breaking embargo...
2010
death toll of US troops nears that of 2001-2008 combined...
OBAMA SPEECHWRITER JOKES ABOUT TSA GROPING: Allows
'defrocked priests to give back to society'...
US
Deficit-Cutting Plan Falls Short of Needed Votes...
UNEMPLOYMENT UP TO 9.8%
HILLARY: Secretary of State will be 'my last public
position'... ... PITCHE$ $IGNED DVD ON HOME $HOPPING NETWORK..
US TO BAILOUT EU
[ Riiiiight! Sounds like a plan! After all, in defacto bankrupt america money
does grow on trees … derivatively (pun intended) that is … you know … that ever
more worthless fiat paper currency … and ultimately, existentially,
philosophically, doesn’t paper come from trees … sure it does …so, no problemo
since money grows on trees. ]
BOMBSHELL: European banks took big slice of Fed
aid...
Hundreds of billions of dollars...
Fed reveals global extent of its backing...
]Funds went to stalwarts of
American industry including GE and Caterpillar and household-name companies
such as Verizon, new data show.
GEORGIA: HUNDREDS LINE UP IN COLD FOR HEAT HELP...
Assistance Funds Quickly Depleted...
'Almost like being in soup line during great depression'...
VIDEO...
DELAYING TAX VOTE COULD 'CRASH
STOCK MARKET' STARTING 12/15 [ Come on! There’s no way to justify
the tax cut to the top 1% including the frauds on wall street … their threats
don’t hunt no more … the nation’s defacto bankrupt … see Davis, supra! ]
Chase Bank orders branch to remove Christmas tree...
Cyber attack forces WIKILEAKS to change web address...
Respected media outlets collaborate with
organization... [ Said
outlets and other disseminators and of course Wikileaks deserve accolades for
the advancement of first amendment liberties in the name of an informed global
body politick for all.]
UPDATE: Latest developments...
Foreign contractors hired Afghan 'dancing boys'...
Embassy cables portray Karzai as corrupt, erratic...
CIA drew up UN spying wishlist...
Assange speaks...
UPDATE: Latest WIKILEAKS developments...
Foreign contractors hired Afghan 'dancing boys'...
Embassy cables portray Karzai as corrupt, erratic...
CIA drew up UN spying wishlist...
SANTA CLAUSE: FED AID WENT TO COMPANIES, BANKS,
OFFSHORE...
SECRETLY BAILED OUT GE -- GE NEWS OUTLETS FAILED TO
REVEAL IN FED COVERAGE...
SANTA
CLAUSE: FORD, BMW, TOYOTA Took Secret Government Money......
Fed Created Conflicts in Improvising Financial System
Rescue...
Tax Breaks for Bailout Recipients Spark Debate...
MORE SECRETS: Fed Withholds Data for $885 Billion in
Loans...
RUSSIA TO HOST '18 WORLD CUP FINALS...
Qatar selected '22 host over USA, others...
'AMERICAN
PSYCHO' musical in works... [ I recommend the derivative films,
American Psycho and American Psycho 2,
for insight! ]
National Board of Review: SOCIAL NETWORK named best
film... [ National board of what? ‘Inception’ is by
far and away the ‘Best Film’ across the board, in all categories, and on the
list! ] LIST...
BANK OF AMERICA Becoming 'Bank of Asia' as
Revenue Increases 30% ...
RESET: PUTIN CRITICIZES USA OVER WIKILEAKS … [ Putin
deserves the greatest deference in matters of global concern in light of his
greater rationality; america’s self-serving accusations are merely envy and
projection / displacement (in psychoanalytic terms) of america’s pervasively
corrupt, criminal, broken system which is a far cry in reality from defacto
bankrupt america’s propaganda.]...
REWARD: [ The payoff. Bribe complete! Next bribe
scenario … ] CITI to Hire Obama's Ex-Budget Chief Orszag...
FLASHBACK: Rubin and friends ride NY-DC shuttle...
ZUCKERMAN: Watching America's Decline and Fall [the moral authority of the West has
dramatically declined in the face of the financial crisis. It has revealed deep
fault lines within Western economies that have spread to the global economy. The majority of Western governments
are running fiscal deficits of 10 percent or more relative to
GDP, but it is increasingly clear that there will be no quick fixes, that big
government and fiscal deficits will not bring us back to the status quo ante.
Indeed, the tidal wave of red ink has meant that the leverage-led or
debt-led growth model is dead. Developed countries will be forced to deal with
their debt on every level, from the personal to the corporate to the sovereign.
Being able to borrow may have made people feel richer, but having to repay the
debt is certainly making them feel poorer, particularly since the unfunded
liabilities that many governments face from aging populations will have to be
paid for by a shrinking band of workers. (Ecoutez, mes amis!) Demography is destiny. As a result, there is a
burgeoning consensus that we are witnessing an inevitable rise of the East and
a decline of the West…( Harry Dent, Jr. Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and
mid-2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009 instead of
2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010
and 2012). ) ]...
Interpol issues wanted notice for Julian
Assange [ They just can’t take the truth! ] ...
US cuts access to files [ Think about it. Really think
about it. Their policies are in the tank, along with the nation and the rest of
this world as a consequence. Don’t those so detrimentally affected (everyone)
have a right to know? I think in light of the global frauds, contrived
perpetual wars though defacto bankruptcy of this and other nations, pervasive
corruption and crime, failed policies domestically and geo-politically while
serving the very parochial interests of the self-interested few, the answer is
an unequivocal, YES! I believe that world history will write Mr. Assange as a
hero in the truest sense. He should be given a medal; and, certainly, since mr.
b*** s*** wobama undeservingly got a ‘nobel peace prize’ (what he does, not what
he says, ie., Afghanistan, etc.), who more than Julian Assange is deserving of
that and more? Cover-up / propaganda … thy name is fallen america.]...
WIKILECTURE: 'HILLARY SHOULD
RESIGN' ‘…Hillary Clinton, Julian Assange said, "should resign."
Speaking over Skype from an undisclosed location on Tuesday, the WikiLeaks
founder was replying to a question by TIME managing editor Richard Stengel over
the diplomatic-cable dump that Assange's organization loosed on the world this
past weekend. Stengel had said the U.S. Secretary of State was looking like
"the fall guy" in the ensuing controversy, and had asked whether her
firing or resignation was an outcome that Assange wanted. "I don't think
it would make much of a difference either way," Assange said. "But
she should resign if it can be shown that she was responsible for ordering U.S.
diplomatic figures to engage in espionage in the United Nations, in violation
of the international covenants to which the U.S. has signed up. Yes, she should
resign over that."…’
CITY ON EDGE: Cash-Strapped Newark, new jersey Forced
To Lay Off 14% Of Police Force... [ From decades old
(1978-1985) direct personal experience with newark, n.j., the police are the
absolute last cuts that can be afforded to be made. Indeed, while walking
through Military Park (a sliver of a “park” - more a pedestrian thoroughfare/cement
walks) in newark, new jersey on the way to the bank during lunch hour, I heard
the clearly audible screams/cries of what turned out to be an old lady on the
ground with blood streaming from her mouth. I ran toward the sound of the
cries, the source of which I could not see because there were so many people in
and about this thoroughfare so as to block any vision of the source of the
cries. When I came to the woman, on the ground, blood streaming from her mouth,
I asked what happened, to which she responded she had been hit in the mouth and
knocked to the ground, her purse stolen/put inside her shopping bag, and she
pointed out the criminal casually now walking across the main street. Nobody
stopped to help her, many having passed her by. I slammed the thug to the
ground so hard that, in light of all the blood and confusion (limbic system /
adrenalin flow) I thought I had been stabbed (the blood was from his elbows
hitting the pavement so hard - no one helped / a crowd gathered / an undercover
cop happened along). When I testified at the Grand Jury Proceeding I made sure
his threat on my life was set forth in prima facie fashion so as to
maximize the DA’s position with both felonies ( he went to prison – pled out ).
The other case I wrote about here ( This was included on my website in the
Psychology forum discussion of ‘bystander effect’ / diffusion of
responsibility. ) - Having had occasion to have run down a mugger in newark,
n.j. who apparently had followed a girl from the bank on her way to the bursar
to pay tuition, though in pretty good shape, I was astounded by how totally
exhausting such a pursuit was, how much like rubber my arms were when I traded
punches with the perpetrator, and truth be told, if I had a flashlight on my
belt, I have little doubt that I would have probably used it to subdue the
perp. The girl was not that seriously injured, did get her pocketbook and
tuition back, and the criminal went to jail. The other thing about such a
pursuit that amazed me was that no one else assisted the girl or me despite
being in a position to do so). (Other newark / new jersey and new york, n.y.
metro, viz., ie., connecticut, and of course, d.c., d.c. metro, viz., ie.,
virginia experience … corrupt federal judges as maryanne trump barry, sam alito,
shiff, matz (california), hall, underhill, dorsey, etc.. Defacto bankrupt
america’s so-called system is pervasively corrupt and broken (AP) Abolish the corrupt, costly, economically
wasteful lifetime extravagantly appointed federal courts - see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ]
Nation's '2nd Most Dangerous City' (camden, new
jersey) To Lay Off Nearly Half Of Police Force...
Chicagoland: Vandals torch Christmas charity van...
Businessman
gets harsh prison term (Washington Post) [ Come on! Quality of justice
concerns by pervasively corrupt / defacto bankrupt america (I’ve seen this
first hand and have sworn under penalty of perjury to the readily discernible
corruption in the ‘so-called judicial process’ / american illegal system; and
Orwellian britain / european illegal systems little better as toadies to the
criminal americans)? Don’t make me laugh? The u.s. illegal system is a cruel
joke! What parallel universe / fantasy land are they living in? ] A Moscow judge's decision to impose the
harshest possible penalty on Russian oil tycoon Mikhail Khodorkovsky signaled
that Prime Minister Vladimir Putin intends to keep a firm grip on power and is
unwilling to bend to American and European concerns about the quality of
Russian justice.
October 15, 2010 (*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action which
was illegally dismissed without any supporting law and in contravention of the
Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that
prosecuted gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he
predicated a retaliatory and spurious contempt proceeding against me
causing substantial damage, and for which he sought Judicial Notice of
those and related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief
as to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met
personally refused to join or file a separate motion to recuse and not
long thereafter left said office for private practice at Cole, Shotz, et
als on retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents,
affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes
in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan
Lacey with whom I met personally at the U.S. Attorney’s Office in Newark,
N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is
also corrupt (and maybe corrupt because he is inept). After a reasonable
(but still rather short) time I called to determine the status and was
told that Alito was no longer with the Office of the U.S. Attorney, that
he was (appointed) a federal judge, and that neither the documents nor any
file or record of same could be located. Alito did parley the same /
cover-up into quid pro quo direct lifetime appointment to the Court of
Appeals, 3rd circuit, despite the absence of judicial
experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as
well). This is the same Sam Alito that now sits on the purported highest
court in the land. The real application of the illegal rule ‘don’t ask,
don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can
reasonably be presumed to have been tampered with, and hence, a violation of
the federal statute concerning same. ]
-----
Former
president convicted of rape (Washington Post) [ Between the orgies, war crimes, assassinations, etc., what a
bunch of sick perverts, criminals the israeli operatives / powers that be and
their friends are; see, ie., Victor Ostrovsky Mossad
ebook download in PDF format September: Victor Ostrovsky, a former Mossad
trainee, publishes his book By Way of Deception ... Israel's Mossad has regularly
faked Australian passports for its. spies,
… 1 http://khup.com/keyword/victor-ostrovsky-mossad-by-way-of-deception.html 2 http://khup.com/keyword/page-2/victor-ostrovsky-mossad-by-way-of-deception.html 3 http://khup.com/keyword/page-3/victor-ostrovsky-mossad-by-way-of-deception.html ]
An Israeli court finds former president Moshe Katsav guilty of rape,
indecent assault and sexual harassment of female subordinates, the most serious
conviction of a former top official in Israel's history
A
villain in foreclosure crisis (Washington Post) [ Villain … as in singular … as opposed to plural in a very big way
… I don’t think so … We can hear new words ringing and put to that once popular
theme, formerly of love but now of fraud, ‘Where do we begin, to tell the story
of how great and massive frauds can be, that great fraud story that spreads
from sea to sea, in defacto bankrupt america and the futures taken from we …
Yes, ‘Fraud Story’ … the forever american story… It’s really that bad and worse
than could be imagined at this immutably intractable juncture. I mean, what isn’t fraudulent in pervasively
corrupt, defacto bankrupt america today, from courts, to government, to policy,
etc., ie., inter alia see infra, Senate convicts Clinton-appointed judge...
[ Come on! One way or another they’re almost all getting bribed; including the
initial lifetime appointment as alito, trump-barry, etc.. Abolish the corrupt, costly, economically wasteful
lifetime extravagantly appointed federal courts (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) End those lifetime licenses to steel. ] In earlier
hearings, two attorneys who once worked with Porteous had testified that they
gave him thousands of dollars in cash, including about $2,000 stuffed in an
envelope in 1999, just before Porteous decided a major civil case in their
client's favor. ] A registry with 67M
mortgages on file shoulders much of blame in the uproar over the paperwork
mess.
Economic
forecasters see growth in 2011 (Washington Post) [ Growth indeed … in the deficits that is …
and in insurmountable fashion at that … which masks / obfuscates in the
short-term the weakness and structural shift in the worst economic terms imaginable
while benefiting the self-interested few (ie., frauds on wall street, war
profiteers, the ‘already campaigning for the next election’ pols, etc.. The
trade-off is far from commensurate.
Tipping
Point: 25 Signs That The Coming Financial Collapse Is Now Closer Then Ever The
financial collapse that so many of us have been anticipating is seemingly
closer then ever. Over the past several weeks, there have been a host of
ominous signs for the U.S. economy.
The Economic Collapse
Dec 17, 2010
The financial
collapse that so many of us have been anticipating is seemingly closer then
ever. Over the past several weeks, there have been a host of ominous
signs for the U.S. economy. Yields on U.S. Treasuries have moved up
rapidly and Moody’s is publicly warning that it may have to cut the rating on
U.S. government debt soon. Mortgage rates are also moving up
aggressively. The euro and the U.S. dollar both look incredibly
shaky. Jobs continue to be shipped out of the United States at a
blistering pace as our politicians stand by and do nothing. Confidence in
U.S. government debt around the globe continues to decline. State and
local governments that are drowning in debt across the United States are
savagely cutting back on even essential social services and are coming up with
increasingly “creative” ways of getting more money out of all of us.
Meanwhile, tremor after tremor continues to strike the world financial
system. So does this mean that we have almost reached a tipping point?
Is the world on the verge of a major financial collapse?
Let’s hope
not, but with each passing week the financial news just seems to get eve
worse. Not only is U.S. government debt spinning wildly toward a breaking
point, but many U.S. states (such as California) are in such horrific financial
condition that they are beginning to resemble banana republics.
But it is not
just the United States that is in trouble. Nightmarish debt problems in
Greece, Spain, Portugal, Ireland, Italy, Belgium and several other European
nations threaten to crash the euro at any time. In fact, many economists
are now openly debating which will collapse first – the euro or the U.S.
dollar.
Sadly, this is
the inevitable result of constructing a global financial system on debt.
All debt bubbles eventually collapse. Currently we are living in the
biggest debt bubble in the history of the world, and when this one bursts it is
going to be a disaster of truly historic proportions.
So will we
reach a tipping point soon? Well, the following are 25 signs that the
financial collapse is rapidly getting closer….
#1 The official U.S. unemployment rate has not been
beneath 9 percent since
April 2009.
#2 According to the U.S. Census Bureau, there are
currently 6.3
million vacant homes in the United States that are either for sale or for
rent.
#3 It is being projected that the U.S. trade deficit
with China could hit 270 billion dollars
for the entire year of 2010.
#4 Back in 2000, 7.2 percent of blue collar workers
were either unemployed or underemployed. Today that figure is up
to 19.5 percent.
#5 The Chinese government has accumulated approximately
$2.65 trillion in
total foreign exchange reserves. They have drained this wealth from the
economies of other nations (such as the United States) and instead of
reinvesting all of it they are just sitting on much of it. This is
creating tremendous imbalances in the global economy.
#6 Since the year 2000, we have lost 10% of our middle class jobs. In the year
2000 there were approximately 72 million middle class jobs in the United States
but today there are only about 65 million middle class jobs.
#7 The United States now employs about the same number
of people in manufacturing as
it did back in 1940. Considering the fact that we had 132 million
people living in this country in 1940 and that we have well over 300 million
people living in this country today, that is a very sobering statistic.
#8 According to CoreLogic, U.S. housing prices have now
declined for
three months in a row.
#9 The average rate on a 30 year fixed rate mortgage soared
11 basis points just this past week. As mortgage rates continue to
push higher it is going to make it even more difficult for American families to
afford homes.
#10 22.5 percent of all residential mortgages in the
United States were in negative equity as of the end of the third quarter
of 2010.
#11 The U.S. monetary base has
more than doubled since the beginning of the most recent recession.
#12 U.S. Treasury yields have been rising steadily
during the 4th quarter of 2010 and
recently hit a six-month high.
#13 Incoming governor Jerry Brown is scrambling to find
$29 billion more to cut from the California state budget. The
following quote from Brown about the desperate condition of California
state finances is not going to do much to inspire confidence in California’s
financial situation around the globe….
“We’ve been living in fantasy land. It is much worse
than I thought. I’m shocked.”
#14
24.3
percent of the residents of El Centro, California are currently unemployed.
#15
The average home in Merced, California has declined in value by
63 percent over the past four years.
#16
Detroit Mayor Dave Bing has come up with a new way to save money. He
wants to cut 20
percent of Detroit off from essential social services such as road repairs,
police patrols, functioning street lights and garbage collection.
#17
The second most dangerous city in the United States – Camden, New Jersey – is
about to lay off about
half its police in a desperate attempt to save money.
#18
In 2010, 55
percent of Americans between the ages of 60 and 64 were in the labor
market. Ten years ago, that number was just 47 percent. More older
Americans than ever find that they have to keep working just to survive.
#19
Back in 1998, the United States had 25 percent of the world’s high-tech export
market and China had just 10 percent. Ten years later, the United States had
less than 15 percent and China’s share had soared to 20 percent.
#20
The U.S. government budget deficit increased to a whopping $150.4 billion last
month, which represented the biggest November budget deficit on record.
#21
The U.S. government is somehow going to have to roll over existing debt and
finance new debt that
is equivalent to 27.8 percent of GDP in 2011.
#22
The United States had been the leading consumer of energy on the globe for
about 100 years, but this past summer China took over the number one spot.
#23
According to an absolutely stunning new poll, 40 percent of all U.S. doctors plan to bail out of the
profession over the next three years.
#24
As 2007 began, there were just over 1 million Americans that had been
unemployed for half a year or longer. Today, there are over
6 million Americans that have been unemployed for half a year or longer.
#25
All over the United States, local governments have begun instituting “police
response fees”. For example, New York Mayor Michael Bloomberg has come up
with a plan under which a
fee of $365 would be charged if police are called to respond to an
automobile accident where no injuries are involved. If there are injuries
as a result of the crash that is going to cost extra.
Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is a complete
disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of
economic revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with them."Check
the accompanying video for more of Howard's unfettered opinions and stay tuned
for additional
clips from this interview. And...Happy Thanksgiving! Aaron Task
is the host of Tech Ticker. You can follow him on Twitter at @atask
or email him at [email protected]’
Timid
Tuesday: Is it Safe? Davis
‘… This is how we pay off our current debts and I think bondholders are
simply happy to get anything out of a country that admits it owes $15Tn (1/4 of
global GDP) but probably owes closer to $60Tn (entire global GDP) in the form
of unfunded liabilities. The funniest thing about this (and you have to laugh)
is to see Conservative pundits get on TV and talk about how we need to cut
$100Bn worth of discretionary spending to "fix" this (while
continuing to spend $1Tn on the military and $1Tn on tax cuts for the top 1%
each year). There is no fixing this and even a Republican said you can’t fool
all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT THERE!
‘
]
As 2011 begins, the U.S. is poised for its strongest year of economic growth
since the recession began three years ago. Plenty of risks that could undermine
the recovery remain, and it could take years of solid growth to get the nation
out of its deep economic hole.
Krauthammer:
How
to impose a liberal agenda (Washington Post) [ I am not being sarcastic
here when I say, and I believe with good reason, that liberal / conservative,
republican / democrat labels, agendas, distinctions are complete fictions today
in favor of the reality of total incompetence, pervasive corruption, and
self-interested expedience. Indeed, with dumbya bush bush being the easiest of
presidential acts to follow, wobama’s abject failure can be tied to his
label-defying continuation of
contraindicated self-sustaining / self-defeating war policies,
profligate spending on less revenue, etc.. Even the Reagan days are besmirched
by the reality of the substantial growth, not shrinkage of the government
bureaucracy. The 2 bush incompetents / war criminals were blazing bureaucrats
by any standard which was what made poppy bush a ‘required’ presence on the
Reagan ticket (cia, government mob, etc.). The clintons no different, and of
course, ‘wobama the b’ for b*** s*** at best no different and probably worse
which of course, consistent with their spend more on less revenues,
particularly to favor the few (ie., frauds on wall street, war profiteers,
government employees and contractors, etc., is reflected in the insurmountable
budget deficits and ultimately failed policies across the board. ]
Come on! Do you really believe those employment numbers? Given their
desperation, at best there was a collusive one day spike of one-day duration
temp hires on the last day of the month!
5
More Themes for 2011 Suttmeir ‘5 themes for 2011 (6 more are on their way):
- Home prices will resume a decline that began in
mid-2006. We had the home buyer
tax credits expire in mid-2010, and government sponsored mortgage
modifications provided limited help. In 2011 we face continued foreclosure
issues including questionable documentation, and banks have a record high
Other Real Estate Owned (OREO). OREO is up to $53.2 billion at the end of
the third quarter, up 338.2% since the end of 2007. Depressed home sales
are being sold at a 30% to 35% discount, which reduces property appraisals
at the county level. Home builders will have to compete with these lower
prices and we need a mortgage modification program for all Americans, not
just those at risk of losing their homes. QE2 is not working and US
Treasury yields are higher causing mortgage rates to rise. “The
Great Credit Crunch” began with housing, and that foundation needs repair
before Main Street can recover with sustainable job creation.
- Community banks still have $1.43 trillion in
commercial real estate loans that require resolution. The FDIC’s List of Problem Banks rose to 860 in
the third quarter of 2010, which is 11.1% of all insured institutions. My
analysis shows 2,485 or 32% of all banks overexposed to commercial real
estate loans, and 3,938 or 50.7% of all banks with real estate loan
pipelines that are 80% to 100% funded. This stress needs to be addressed
before jobs can be created on Main Street USA as housing and construction
drive local economies. “The Great Credit Crunch” will not end
without a program to remove toxic real estate loans from the books of
community banks around the country.
- The banking system is supposed to de-lever risk,
but it has not. When I look at
the Notional Amount of Derivative Contracts I cringe at the fact that
since the end of 2007 this risk category has grown $71.6 trillion since
the end of 2007, that’s an increase of 43.5% to $236.4 trillion at the end
of the third quarter in an environment where banks should be de-leveraging
not adding to this risk where financial time bombs are ticking.
- Fannie Mae and Freddie Mac will continue to drain taxpayer money as the
Treasury provides unlimited lines of credit through 2012. The cost
currently is about $150 billion, by far the largest of any government
bailouts. We need to unwind the activities of these GSEs, and beef
up Ginnie Mae as the go to government agency that backs new mortgage
issuance.
- Because of the housing market depression and
stress in the banking system the unemployment rate will stay above 9% for
all of 2011.
Tracking the US Capital Markets – US stocks are overvalued fundamentally and overbought
technically on both daily and weekly charts. The snow storm causes stocks
to drift lower and higher.
- The major equity averages are below this week’s
risky levels as the year draws to a close at: 11,629 Dow, 1269.4 SPX, 2682
NASDAQ, 5215 Dow Transports and 808.57 Russell 2000.
- Fifteen of sixteen sectors are overvalued
according to ValuEngine with only 37.9% of all stocks undervalued. At 35%
the stock market tends to find a top. Only 17.4% of all stocks are
undervalued by 20% or more.
Here are my remaining themes for 2011 – Six through
Eleven (a continuation
of 1-5)
6.
QE2, the $600 billion program where the Federal Reserve buys long dated US
Treasury Securities has been a failure so far. The yield on the 10-Year was 2.334 when Fed Chief
Bernanke touted QE2 in October only to see the yield nearly 125 basis points
higher in December. The primary intent of QE2 was to lower longer-dated US
Treasury yields. Yields held this week’s value level at 3.494 again on
Wednesday. There is risk to 3.75 to 4.25 in 2011, but with or without this
weakness, the 10-Year yield will decline to 2.75 to 2.50 during 2011.
7.
Comex Gold has gone parabolic, and therefore you cannot predict how high gold
prices can climb. I do know that
corrections will be fierce and painful for those that buy strength instead of
weakness. The 2011 neutral zone is between $1350 and $1450.
8.
Nymex Crude Oil is headed back above $100 per barrel according to most experts.
I cannot rule that out for 2011, but
the downside is more significant given weekly closes below the $87 per barrel
area. If gasoline stays above $3.00 per gallon demand on Main Street will slow
down and will be a drag on economic growth and job creation.
9.
Problems among the PIIGS nations denominated in euros will trump problems at
the state level in the USA. This
will keep the euro versus the dollar in a trading range. We will begin
2011 with a quarterly pivot around 1.3150.
10.
US stocks show strong technical characteristics. The S&P 500 is above the 61.8% Fibonacci
Retracement of the decline from October 2007 to the low of March 2009 at
1228.74. Dow Theory had a Buy Signal in early November and another confirmation
in December. The Dow Industrial Average – I project downside to 9,375 in
the first half with a rebound to 11,500 in the second half. Strength above 11,500
will return to 11,500, and the 2011 close will be at or below 11,500.
11.ValuEngine.com
indicates that equity fundamental are not cheap. Fifteen of sixteen sectors will begin 2011 overvalued
according to ValuEngine. The normal range for the percent undervalued or
overvalued stocks is 35% to 65%. We will begin 2011 close to the low end of the
range for undervalued stocks and towards the high end for overvalued stocks. Because
of the battle between the technicals and fundamentals, stocks will be reversal-oriented
in 2011 and be little changed year over year.
Tracking
the US Capital Markets – US stocks
are overvalued fundamentally and overbought technically on both daily and
weekly charts.
- The major equity averages remain below this
week’s risky levels as the year draws to a close at: 11,629 Dow, 1269.4
SPX, 2682 NASDAQ, 5215 Dow Transports and 808.57 Russell 2000.
- Fifteen of sixteen sectors are overvalued
according to ValuEngine with only 37.7% of all stocks undervalued. At 35%
the stock market tends to find a top. Only 17.5% of all stocks are
undervalued by 20% or more.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate
any positions within the next 72 hours.’
Struggling to the Finish Line: Dave's Daily ‘Most
economic news today (Jobless Claims, Chicago PMI and Home Sales) was, ahem,
"better than expected"; still, that didn't spark any determined
buying. Maybe without any POMO Thursday trading desks were running on empty.
2010 was an interesting year with lots of erratic behavior but a Fed
"stick save" in the end. Flash Crashes, elections, tax issues, spending,
unemployment, POMO and home prices were all center stage. Now you're probably
expecting some sort of forecast from your humble pundit, but alas, all I can
offer are three basic tenets to follow:
"The
best laid schemes of mice and men go often askew."
-- Robert Burns
Or, if you
prefer: "The best laid plans of mice and men often go awry"
-- John
Steinbeck
"If
you must forecast, forecast often."
--Economist
Edgar Fiedler (ETF Digest Sacred Cow IX)
"Things
change"
-- ETF Digest
Sacred Cow X
You were
expecting Dow 20,000?!?
Volume
Thursday did improve a tad and breadth was flat… ‘
Baby
Boomers Start To Turn 65: 16 Statistics About The Coming Retirement Crisis That
Will Drop Your Jaw The American Dream | The moment when
the first Baby Boomers reach retirement age has arrived. ‘ … The following are
16 statistics about the coming retirement crisis that will drop your jaw…..
#1 Beginning January 1st, 2011 every single day more
than 10,000 Baby Boomers will reach the age of 65. That is going to keep
happening every single day for the next 19 years.
#2 According to one recent survey, 36 percent of
Americans say that they don’t
contribute anything at all to retirement savings.
#3 Most Baby Boomers do not have a traditional pension
plan because they have been going out of style over the past 30 years.
Just consider the following quote from Time
Magazine: The traditional pension plan is disappearing. In 1980, some
39 percent of private-sector workers had a pension that guaranteed a steady
payout during retirement. Today that number stands closer to 15 percent,
according to the Employee Benefit Research Institute in Washington, D.C.
#4 Over 30 percent of U.S. investors currently in their
sixties have more than 80
percent of their 401k invested in equities. So what happens if the
stock market crashes again?
#5 35%
of Americans already over the age of 65 rely almost entirely on
Social Security payments alone.
#6 According to another recent survey, 24%
of U.S. workers admit that they
have postponed their planned retirement age at least
once during the past year.
#7 Approximately
3 out of 4 Americans start claiming Social Security benefits the moment
they are eligible at age 62. Most are doing this out of necessity.
However, by claiming Social Security early they get locked in at a much lower
amount than if they would have waited.
#8 Pension consultant Girard Miller recently told
California’s Little Hoover Commission that state and local government bodies in
the state of California have $325
billion in combined unfunded pension liabilities. When you break that
down, it comes to $22,000 for every single working adult in California.
#9 According to a recent report from Stanford
University, California’s three biggest pension funds are as much as $500
billion short of meeting future retiree benefit obligations.
#10
It has been reported that the $33.7 billion Illinois Teachers
Retirement System is
61% underfunded and is on the verge of complete collapse.
#11 Robert Novy-Marx of the
University of Chicago and Joshua D. Rauh of Northwestern’s Kellogg School of
Management recently calculated the combined pension liability for all 50
U.S. states. What they found was that the 50 states are collectively
facing $5.17 trillion in pension obligations, but they only
have $1.94 trillion set aside in state pension funds. That is a
difference of 3.2
trillion dollars. So where in the world is all of that extra money
going to come from? Most of the states are already completely broke and
on the verge of bankruptcy.
#12
According to the Congressional Budget Office, the Social Security system will pay
out more in benefits than it receives in payroll taxes in 2010. That
was not supposed to happen until at least 2016. Sadly, in the years
ahead these “Social Security deficits” are scheduled to become absolutely
horrific as hordes of Baby Boomers start to retire.
#13
In 1950, each retiree’s Social Security benefit was paid for by 16
U.S. workers. In 2010, each retiree’s Social Security benefit
is paid for by approximately 3.3 U.S. workers. By 2025, it is
projected that
there will be approximately two U.S. workers for each retiree. How in
the world can the system possibly continue to function properly with numbers
like that?
#14
According to a
recent U.S. government report, soaring interest costs on
the U.S. national debt plus rapidly escalating spending on
entitlement programs such as Social Security and Medicare will absorb approximately
92 cents of every single dollar of federal revenue by the
year 2019. That is before a single dollar is spent on anything
else.
#15
After analyzing Congressional Budget Office data, Boston University economics
professor Laurence J. Kotlikoff concluded that the U.S. government is facing a “fiscal
gap” of $202 trillion dollars. A big chunk of that is made up of
future obligations to Social Security and Medicare recipients.
#16
According to a recent AARP survey of Baby Boomers, 40
percent of them plan to work “until they drop”.
Companies all over America have been dropping their
pension plans in anticipation of the time when the Baby Boomers would
retire. 401k programs were supposed to be part of the answer, but if the
stock market crashes again, it is absolutely going to devastate the Baby
Boomers.
State and local governments are scrambling to find
ways to pay out all the benefits that they have been promising. Many
state and local governments will be forced into some very hard choices by the
hordes of Baby Boomers that will now be retiring.
Of course whenever a big financial crisis comes along
these days everyone looks to the federal government to fix the problem.
But the truth is that after fixing crisis after crisis the federal government
is flat broke …’
Underneath
the Happy Talk, Is This As Bad as the Great Depression? Washington’s Blog | Even though the government’s
spending on the economic crisis dwarfs the amount spent on the New Deal, our
economy is still stuck in the mud.
America Has Gone Away Anyone
who doesn’t believe that the US is an incipient fascist state needs only to
consult the latest assault on civil liberty by Fox News. Instead of informing
citizens, Fox News informs on citizens. Jason Ditz reports that Fox News “no
longer content to simply shill for a growing police state,” turned in a
grandmother to the Department of Homeland Security for making “anti-American
comments.”
Jumping
ship for private sector (Washington Post) [ Nothing new here! After all,
given the state of the u.s. government (pervasively corrupt, mired in failure,
nation’s defacto bankupt, totally incompetent, etc.), what possible value could
such experience be other than peddling influence based upon professional
criminal courtesy to, ie., other criminals of course, viz., frauds on wall
street, war profiteers, pay-to-play lobbyists, etc.. It’s truly the backstory
to america’s decline across the board, private sector and public sector. ]
Regulators, prosecutors and financial policymakers look to cash in on their
government experience.
Constitution's
new starring role in House (Washington Post) [ Riiiiight!…Whew! That was a close one…we can all
rest easy now…and to think we were thinkin’ they were goin’ in the wrong
direction and sinkin’…for those skeptics who hail this as yet another desperate
and redundant gimmick … have no fear, the new congress is here. ]
‘…They will read the Constitution aloud…’
Iraqi
police commander killed in triple suicide attack
(Washington Post) [ Well, at least
al-Maliki understands the ‘physics of the situation’… you know, that ‘cause and
effect thing’ … Iraq Wants the U.S. Out Infowars.com Prime Minister Nouri al-Maliki
ruled out the presence of any U.S. troops in Iraq after the end of 2011, saying
his new government and the country’s security forces were capable of
confronting any remaining threats to Iraq’s security, sovereignty and unity. ]
SUVs
lead U.S. auto sales growth (Washington Post) [ Sounds like a plan … ahead … for when $5 plus gas turns these
eventual valued antiques into ‘luxury mobiles’
… for that Sunday spin (expensive at that) down Main Street much like
the early 20th century motorcars themselves. Oil
Prices Are About To Wake Up To Peak-Production Realities? Infowars.com ] If U.S. consumers are in the
midst of a green revolution, the news hasn't reached car buyers.
Bank
failures hit record in 2010 (Washington Post) [ As night follows the day:
ROBERT
SHILLER: If House Prices Keep Falling This Fast, The Economy Is Screwed He
also says that if house prices keep falling this fast, the economy will face
“serious reasons to worry” (which, for Professor Shiller, is an apocalyptic
statement).
Roubini:
‘Housing Prices Can Only Move Down’ According to economist Nouriel Roubini,
the housing market is in a double dip. And negative Case-Shiller Home Price
numbers out today only confirm that unpleasant truth.
Underneath
the Happy Talk, Is This As Bad as the Great Depression? To find out, we’ll
look at a couple comparisons to get an idea of what is going on in the rest of
the economy. And then we’ll compare the government’s efforts in the 1930s to
today.
Video
of Bernanke and Geithner Trying to Get the Economy Unstuck Bernanke and
Geithner are driving the tow truck. The bulldozer which the tow truck is so
persistently trying to yank free is Wall Street, and the white SUV being
repeatedly rammed without any concern whatsoever is the little guy on Main
Street. ] More banks failed in the U.S.
this year than in any year since 1992, and there are more on the horizon.
Housing
market forecast (Washington Post) Expert says
"house prices probably have another 20% to fall." And that may be a
"conservative estimate.’
Disgraced ex-Israeli president convicted of rape (AP)
Israel's ex-president Katsav guilty of rape (Reuters)
The 10 Most Important Tax Tips Of 2010 Posted by Investopedia
It’s the end of the year, and while holiday baking may be top of mind, that
niggling little task of getting the year-end tax tasks done is still there, bothering
you over the scent of the fruitcake in the oven. The following tips will
give you some specifics so you can take care of taxes, and then get back to
your fun holiday activities.
IN
PICTURES: Top 10
Solutions For A Big Tax Bill
- Defer Income Until 2011
With lower payroll taxes starting in January 2011, if you have income you can defer and report in the new year’s taxes, do so. Hold your last batch of invoices and send them out in early 2011; save that bit of money by paying the 2011 tax rate. - Contribute To A Retirement Plan
Whether you choose to convert your traditional IRA to a Roth IRA or not, make sure you contribute the maximum amount you can before the year’s over. It’s one of the easiest ways to save money on your taxes. - Use Your Flexible Spending Account
If you have a flexible spending account (also known as a health savings account or medical/health care spending account), use up what’s left in your account for 2010. And if you haven’t opened one yet, check into what your company offers. Be sure to specify the amount of your 2011 wages that you want to have placed in your flexible spending account. (Learn more in Benefits Of A Dependent Care Flexible Spending Account.) - Invest In Your Business
If you need to make investments in your business – new equipment, upgraded machinery or real estate improvements – then invest before the year’s end for the write-off on your 2010 taxes. - Save Energy
Energy-efficient improvements in your residence before year’s end can get you a tax credit of up to $1,500. Though installing a new metal or asphalt roof may be out of the question between now and January 1, you can purchase energy-efficient windows, doors and appliances. And if you’re just itching for another home improvement project to tackle over the holidays, install a solar water heater or solar panels for another credit of up to 30% of the cost.
IN PICTURES: 6
Tax Credits That Anyone Can Claim
- Itemize, Itemize, Itemize
Keep track of your business expenses and put them into your itemized deductions; don’t forget home office purchases, supplies, fees for memberships in professional organizations, technological costs (web hosting, website design, internet costs). Be sure all your itemized costs are for the business and you have the receipts. - Donate
Make charitable donations before the year’s end for the write-off, but don’t make the mistake of sending out checks dated on or before December 31 and thinking they will qualify. The IRS specifies that checks mailed out must be postmarked by the last day of the year. You can also make donations through major credit cards, as long as the charges are authorized by the end of the year. (Generosity may be its own reward, but some charitable giving also provides personal tax benefits. Learn more in Deducting Your Donations.) - Contribute To A College Savings Plan
Save for your kids and save on your taxes - up to $13,000 in 2010 for a college savings plan. The magic $13,000 limit keeps you under the federal gift tax. - Pay Your Next Health Insurance Premium
If you’re self-employed, you can deduct 100% of the cost of health insurance premiums (up to the total of the net earnings of your business). That can be a rather hefty deduction, since it includes costs for your spouse and dependents as well. You can pay ahead – cover your first premium of the new year in 2010, and you can claim it on your 2010 taxes. (Find out where you can take a tax deduction on the contributions you make; see Traditional IRA Deductibility Limits For 2010.) - Pay Into A Specialized Account
Some employers offer the opportunity to contribute into specialized accounts, including dependent and commuter accounts. A dependent account covers the cost of child care, and a commuter account covers the cost of commuting expenses. Both have limits, but both can help you save on your taxes while paying for stuff you have to pay for anyway.
The Bottom Line
With taxes, you don’t know until you ask. You may be able to save much more
than you think you can just by making a few simple changes, or by paying for
expenses in December instead of January, February or March. It’s a little bit
of forethought that can make the tax bill much more bearable.
For the latest financial news, see Water
Cooler Finance: FBI Insider-Trading Bust.’
Fed Can’t Prop
Up Stock Market Forever USA Watchdog | From the very
beginning of QE2, it was no secret the Federal Reserve wanted the stock market
to rise.
BofA/Countrywide
Lied About Virtually Everything When Selling Mortgages Zero Hedge
| A few days ago, news broke that MBIA was allowed to use statistical sampling
in its ongoing Bank of America fraud lawsuit.
Hollywood and the war
machine [ I disagree. Yes, there’s
plenty of propaganda to go around in Hollywood, as everywhere else; but, on
balance, I believe more modern film particularly tends to paint war in the more
realistically negative light. This is especially so inasmuch as there hasn’t
been what anyone could call a so-called ‘good war’ to justify america’s war
criminal behavior for quite some time. Of course, there’s no denying the jewish
elements so stereotypical of Hollywood which does lend credence to the
criticism; but such ‘pro-zionist revelatory filmmaking’ as that regurgitated
by, ie., spielberg, etc., has become so predictably boring and devoid of
reality that such films now pale in comparison and popularity to the anti-war
films including offhand, ie., ‘Platoon’, ‘Apocalypse Now’, and more recently,
‘Hurt Locker’. It is true that in the past the military strong-armed even the
likes of Frank Capra to their propaganda campaigns; and, it is also true that
today’s attacks on first amendment protected speech are unprecedented in scope
as a consequence of the perceived threat of truth (of america’s pervasive
corruption, war crimes, fraud, etc.) leaking out all over … the internet
(mainstream media is concededly totally controlled – I don’t include, ie., The
Washington Post in the category of controlled media, but other papers, tv,
etc., certainly should be). Yet, I think the criticism better directed at the
source; viz., the criminal and corrupt elements of the american government et
als, which is almost all. ( I admit to being somewhat biased and ‘I previously wrote on my site, ‘I
happen to like and respect film as a rich medium which presents large amounts
of audio, visual, and thematic information which can be processed in relatively
small amounts of time, etc..’).
] Al Jazeera | War is hell, but for Hollywood it has been a Godsend,
providing the perfect dramatic setting against which courageous heroes win the
hearts and minds of the movie going public. Russia rebuffs Western criticism of oil
tycoon's trial (Washington Post) [ As right they should! After all,
is anyone foolish enough to believe that america’s illegal system is anything
but a farce and a means to legitimize blatantly illegal activity domestically
and internationally, while arbitrarily enforcing as to some and retaliating
against others … does anybody really believe Assange would get a fair trial in
america, or Orwellian britain, etc..
Pervasively corrupt america’s illegal system is a travesty and their propaganda
dogs don’t hunt no more!
Army
edits its history of deadly battle of Wanat (Washington
Post) [ Come on! Does anyone really think they ever get a true story from the
u.s. gov’t et als about anything at all?
] Draft put majority of blame on top commanders, but final version's
focuses on lower-level leaders sparks anger among families of those killed.
A subtler tack to fight Afghan corruption?
(Washington Post) [ How
about a not so subtler tack to fight corruption starting right here in the u.s.
of a. where corruption and crime are pervasive and in fact, at the root of the
Afghanistan problems, from american reinvigorated heroin trade to bribery
attendant thereto to killing civilians, etc..
Defacto
Bankrupt, Meaningfully Lawless, War Criminal Nation america, the leader of
nations … in crime:
Though having but 5% of the world’s population, america can
boast 76% of the world’s serial killers, followed by Europe with England/UK
then Germany leading the way for the eu [excerpt, 6 minute video, Serial
Killers: Real Life Hannibal Lechters http://www.albertpeia.com/realifeamericaserialkillers.mpg (as is consistent with crime generally,
see infra)]. Defacto bankrupt, fraudulent america also spends more on offensive
(defensive a misnomer / propaganda) military spending than all the nations of
the world combined, and by a large margin at that. Do you see a pattern
emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… ]
WikiLeaks
founder could be charged by Feds
(Washington Post) [ He deserves a medal! I think they should start prosecuting american war criminals,
frauds on wall street, $12 billion $100 bills flown into and missing in Iraq, RICO litigation http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm .
Wall
Street Is Laundering Drug Money And Getting Away With It Zach
Carter, … etc. … Drudgereport:
CLASSIFIED
NO MORE: USA RACES TO LIMIT WIKILEAKS DAMAGE
[Publishing the Wikileaks is the right thing to do; after all, one
cannot possibly look to even one rationally correct strategy, domestically,
globally, geopolitically that would justify continued hiding/cover-up of the
failed strategies, their genesis, flawed rationale, etc., which has cost this
nation and the world dearly] ...
WIKILEAKS:
We've been hit with 'mass distributed denial of service attack'...
MOST
EMBARRASSING, DAMAGING DISCLOSURE IN DECADES...
SENATORS:
PROSECUTE THE LEAKERS!
NYT
EXPLAINS: THE DECISION TO PUBLISH … [The NYT clearly did the right thing to
publish; after all, one cannot possibly look to even one rationally correct
strategy, domestically, globally, geopolitically that would justify continued
hiding/cover-up of the failed strategies, their genesis, flawed rationale,
etc., which has cost this nation and the world dearly]...
SKorea
says sound of artillery heard on island...
US,
SKorea start major naval drills...
China
issues warning...
DHS
SEIZES DOMAIN NAMES...
EU
Debt Crisis Escalates...
6
American soldiers killed in Afghanistan...
Next Debt
Crisis 'May Start in Washington'...
WIKILEAKS
TURNS ON OBAMA! … [ Like who hasn’t, and for good reason! Publishing
the Wikileaks is the right thing to do; after all, one cannot possibly look to
even one rationally correct strategy, domestically, globally, geopolitically
that would justify continued hiding/cover-up of the failed strategies, their
genesis, flawed rationale, etc., which has cost this nation and the world
dearly] ]
] Authorities are
investigating whether Julian Assange violated criminal laws, including possible
charges under the Espionage Act, sources say. Afghanistan: Gates: Progress has
'exceeded my expectations' (Post, December 8, 2010; 5:53 PM)
U.S. hurting peace chances by giving up on
israeli settlement freeze, analysts say (Post,
December 8, 2010; 11:00 PM)
In South Korea, Joint Chiefs chairman scolds
China for its 'tacit approval' of North's aggression (Post,
December 8, 2010; 11:01 PM)
Iran talks end with little sign of progress
(Post, December 8, 2010; 1:04 AM)
Rice, on 'The View,' defends Obama on
WikiLeaks (Post, December 8, 2010; 1:00 AM) (Washington Post) [ The problems in all these regions
are inextricably tied to the nation with insurmountable problems of its own and
own making. That nation quite obviously
is pervasively corrupt, meaningfully lawless, defacto bankrupt america (along
with such comparable enablers / allies as zionist israel, nato, etc.. How can
anyone believe anything they say, least of all gates who hails from
C(ottage)I(ndustries of)A(merica) based on lies, chaos, and conflict.]
Americans
Oppose Government Efforts To Take Over Internet According to a recent
Rasmussen’s poll, most Americans understand the FCC’s internet regulations will
be used by the government to push a political agenda.
Looking
back at 2010 (Washington Post) [ I think Mr. Sloan should run for office or
be appointed ‘Head of the Fed’ or u.s. attorney general, though his lack of
‘liar’ credentials might exclude the latter!
] I have performed a painful annual ritual ever since I began writing a
column about 20 years ago: re-reading my work for the year and telling you
about the things I got wrong and the things I wish I'd done differently.
Russia rebuffs Western criticism of oil
tycoon's trial (Washington Post) [ As right they should! After all,
is anyone foolish enough to believe that america’s illegal system is anything
but a farce and a means to legitimize blatantly illegal activity domestically
and internationally, while arbitrarily enforcing as to some and retaliating
against others … does anybody really believe Assange would get a fair trial in
america, or Orwellian britain, etc..
Pervasively corrupt america’s illegal system is a travesty and their propaganda
dogs don’t hunt no more!
Army
edits its history of deadly battle of Wanat (Washington
Post) [ Come on! Does anyone really think they ever get a true story from the
u.s. gov’t et als about anything at all?
] Draft put majority of blame on top commanders, but final version's
focuses on lower-level leaders sparks anger among families of those killed.
A subtler tack to fight Afghan corruption?
(Washington Post) [ How
about a not so subtler tack to fight corruption starting right here in the u.s.
of a. where corruption and crime are pervasive and in fact, at the root of the
Afghanistan problems, from american reinvigorated heroin trade to bribery
attendant thereto to killing civilians, etc..
Defacto
Bankrupt, Meaningfully Lawless, War Criminal Nation america, the leader of
nations … in crime:
Though having but 5% of the world’s population, america can
boast 76% of the world’s serial killers, followed by Europe with England/UK
then Germany leading the way for the eu [excerpt, 6 minute video, Serial
Killers: Real Life Hannibal Lechters http://www.albertpeia.com/realifeamericaserialkillers.mpg (as is consistent with crime generally,
see infra)]. Defacto bankrupt, fraudulent america also spends more on offensive
(defensive a misnomer / propaganda) military spending than all the nations of
the world combined, and by a large margin at that. Do you see a pattern
emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… ]
WikiLeaks
founder could be charged by Feds
(Washington Post) [ He deserves a medal! I think they should start prosecuting american war criminals,
frauds on wall street, $12 billion $100 bills flown into and missing in Iraq, RICO litigation http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm .
Wall
Street Is Laundering Drug Money And Getting Away With It Zach
Carter, … etc. … Drudgereport:
CLASSIFIED NO MORE: USA RACES
TO LIMIT WIKILEAKS DAMAGE [Publishing
the Wikileaks is the right thing to do; after all, one cannot possibly look to
even one rationally correct strategy, domestically, globally, geopolitically
that would justify continued hiding/cover-up of the failed strategies, their
genesis, flawed rationale, etc., which has cost this nation and the world
dearly] ...
WIKILEAKS: We've been hit with
'mass distributed denial of service attack'...
MOST EMBARRASSING, DAMAGING
DISCLOSURE IN DECADES...
SENATORS: PROSECUTE THE
LEAKERS!
NYT EXPLAINS: THE DECISION TO
PUBLISH … [The NYT clearly did the right thing to publish; after all, one
cannot possibly look to even one rationally correct strategy, domestically,
globally, geopolitically that would justify continued hiding/cover-up of the
failed strategies, their genesis, flawed rationale, etc., which has cost this
nation and the world dearly]...
SKorea says sound of
artillery heard on island...
US, SKorea start major naval
drills...
China issues warning...
DHS SEIZES DOMAIN NAMES...
EU Debt Crisis Escalates...
6 American soldiers killed in
Afghanistan...
Next Debt Crisis 'May Start in Washington'...
WIKILEAKS TURNS ON OBAMA!
… [ Like who hasn’t, and for good reason! Publishing the Wikileaks is the right
thing to do; after all, one cannot possibly look to even one rationally correct
strategy, domestically, globally, geopolitically that would justify continued
hiding/cover-up of the failed strategies, their genesis, flawed rationale,
etc., which has cost this nation and the world dearly] ]
] Authorities are
investigating whether Julian Assange violated criminal laws, including possible
charges under the Espionage Act, sources say. Afghanistan: Gates: Progress has
'exceeded my expectations' (Post, December 8, 2010; 5:53 PM)
U.S. hurting peace chances by giving up on
israeli settlement freeze, analysts say (Post,
December 8, 2010; 11:00 PM)
In South Korea, Joint Chiefs chairman scolds
China for its 'tacit approval' of North's aggression (Post,
December 8, 2010; 11:01 PM)
Iran talks end with little sign of progress
(Post, December 8, 2010; 1:04 AM)
Rice, on 'The View,' defends Obama on
WikiLeaks (Post, December 8, 2010; 1:00 AM) (Washington Post) [ The problems in all these regions
are inextricably tied to the nation with insurmountable problems of its own and
own making. That nation quite obviously
is pervasively corrupt, meaningfully lawless, defacto bankrupt america (along
with such comparable enablers / allies as zionist israel, nato, etc.. How can
anyone believe anything they say, least of all gates who hails from
C(ottage)I(ndustries of)A(merica) based on lies, chaos, and conflict.]
U.S.
home prices drop 1.3% (Washington
Post) [ Oooooh! Ouch … but no say the
frauds on wall street … that’s a good thing … you know … that ‘affordability
thing’ … yes, they say … sounds like a plan!
] Six regions hit new lows, and they're not expected to rebound anytime
Budget
proposal to be delayed (Washington Post) [
At this point, who’s still counting … and does it count? I mean, near
$14 trillion and counting, the question is ‘can they count’ … then there’s the
real debt … Timid
Tuesday: Is it Safe? Davis ‘… This is how we
pay off our current debts and I think bondholders are simply happy to get
anything out of a country that admits it owes $15Tn (1/4 of global GDP) but
probably owes closer to $60Tn (entire global GDP) in the form of unfunded
liabilities. The funniest thing about this (and you have to laugh) is to see
Conservative pundits get on TV and talk about how we need to cut $100Bn worth
of discretionary spending to "fix" this (while continuing to spend
$1Tn on the military and $1Tn on tax cuts for the top 1% each year). There is
no fixing this and even a Republican said you can’t fool all of the people all
of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE
CAREFUL OUT THERE! ‘ … Howard Davidowitz on the Economy:
"Here Are the Numbers ... WE'RE BROKE!" 11-25-10
‘The U.S. economy "is a complete
disaster," Howard Davidowitz declared here in July,
the most recent in a string of dire predictions from
Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked
Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of
economic revival. Are you kidding me? "Here are the numbers...we're
broke," Davidowitz declares, noting the U.S. government goes $5 billion
deeper into debt every day and is facing $1 trillion-plus annual deficits for
the next decade. "In other words, we're bankrupt."As with the
economy, Davidowitz is unwaveringly consistent
in his views on President Obama, calling him "deranged, dysfunctional and
discredited."Results of the midterm election show "the people of this
country think we are in a catastrophe," he says. "I'm with them."Check
the accompanying video for more of Howard's unfettered opinions and stay tuned
for additional
clips from this interview. And...Happy Thanksgiving! Aaron Task
is the host of Tech Ticker. You can follow him on Twitter at @atask
or email him at [email protected]’ ] President Obama expects to release his fiscal 2012 budget a week
later than the timetable set out under the Budget Act of 1974.
2010
worst year for bank failures since 1992 (Washington Post) [ And you can
safely say the worst is not over and there’s more to come …’ Suttmeier ‘5
Economic Themes for 2011 (6 more
are on their way): … 3.The banking system is supposed to de-lever risk, but it
has not. When I look at the Notional Amount of Derivative Contracts I cringe at
the fact that since the end of 2007 this risk category has grown $71.6 trillion
since the end of 2007, that’s an increase of 43.5% to $236.4 trillion at the end
of the third quarter in an environment where banks should be de-leveraging not
adding to this risk where financial time bombs are ticking…’ ‘Deadbeat’
TARP banks on rise (Washington Post) [ Sounds like a plan! Viz., when
worthless paper / securities / toxic assets are being carried in the trillions
now marked to anything (as per legislated mark to anything FASB rule change),
the reality is that there’s no real surplus from which to pay dividends,
etc.. ] Obama administration steps up
monitoring of banks that miss required payments. ] The nation is closing
out the year with 157 bank failures, up from 140 in 2009.
5
Economic Themes for 2011 Suttmeier
‘5 themes for 2011 (6 more are on their way):
- Home prices will resume a decline that began in
mid-2006. We had the home buyer
tax credits expire in mid-2010, and government sponsored mortgage
modifications provided limited help. In 2011 we face continued foreclosure
issues including questionable documentation, and banks have a record high
Other Real Estate Owned (OREO). OREO is up to $53.2 billion at the end of
the third quarter, up 338.2% since the end of 2007. Depressed home sales
are being sold at a 30% to 35% discount, which reduces property appraisals
at the county level. Home builders will have to compete with these lower
prices and we need a mortgage modification program for all Americans, not
just those at risk of losing their homes. QE2 is not working and US
Treasury yields are higher causing mortgage rates to rise. “The
Great Credit Crunch” began with housing, and that foundation needs repair
before Main Street can recover with sustainable job creation.
- Community banks still have $1.43 trillion in
commercial real estate loans that require resolution. The FDIC’s List of Problem Banks rose to 860 in
the third quarter of 2010, which is 11.1% of all insured institutions. My
analysis shows 2,485 or 32% of all banks overexposed to commercial real
estate loans, and 3,938 or 50.7% of all banks with real estate loan
pipelines that are 80% to 100% funded. This stress needs to be addressed
before jobs can be created on Main Street USA as housing and construction
drive local economies. “The Great Credit Crunch” will not end
without a program to remove toxic real estate loans from the books of
community banks around the country.
- The banking system is supposed to de-lever risk,
but it has not. When I look at
the Notional Amount of Derivative Contracts I cringe at the fact that
since the end of 2007 this risk category has grown $71.6 trillion since
the end of 2007, that’s an increase of 43.5% to $236.4 trillion at the end
of the third quarter in an environment where banks should be de-leveraging
not adding to this risk where financial time bombs are ticking.
- Fannie Mae and Freddie Mac will continue to drain taxpayer money as the
Treasury provides unlimited lines of credit through 2012. The cost
currently is about $150 billion, by far the largest of any government
bailouts. We need to unwind the activities of these GSEs, and beef
up Ginnie Mae as the go to government agency that backs new mortgage
issuance.
- Because of the housing market depression and
stress in the banking system the unemployment rate will stay above 9% for
all of 2011.
Tracking the US Capital Markets – US stocks are overvalued fundamentally and overbought
technically on both daily and weekly charts. The snow storm causes stocks
to drift lower and higher.
- The major equity averages are below this week’s
risky levels as the year draws to a close at: 11,629 Dow, 1269.4 SPX, 2682
NASDAQ, 5215 Dow Transports and 808.57 Russell 2000.
- Fifteen of sixteen sectors are overvalued
according to ValuEngine with only 37.9% of all stocks undervalued. At 35%
the stock market tends to find a top. Only 17.4% of all stocks are
undervalued by 20% or more.
The Yield on the 10-Year Note (3.345) – Tested this week’s value level at 3.494 with today’s
risky level at 3.306.
Comex Gold ($1384.2) – The 50-day at $1372.1 held at the low on Monday with
this week’s risky level at $1401.2.
Nymex Crude Oil ($90.79) – Reached a new high for the year at $91.88, shy of
this week’s risky level at $93.28. Support is the 21-day simple moving average
at $88.24.
The Euro (1.3163) – My weekly value level is 1.2906 with 200-day simple
moving average at 1.3087 and quarterly pivot at 1.3318, which goes away at the
end of the year.
The Dow Industrial Average (11,555) – Remains extremely overbought on both daily and weekly
charts. The 21-day simple moving average is 11,384 with a daily pivot at 11,569
and this week’s risky level at 11,629.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate
any positions within the next 72 hours.
Market
Crash on 12/31/10? Technical indicators suggest market collapse may
begin by December 31st Why
Stocks Could Collapse...Beginning as Soon as December 31, 2010!
The Fed has propped up the equity markets for
months ... but that could soon come to a
disastrous end! Dennis Slothower is one of the world’s leading technical analysts.
He’s one of the few advisors whose readers completely avoided ALL losses during
the disaster that was 2008. And now he’s issuing another dire warning. His
technical indicators suggest that the market manipulation we’ve seen over the
last several months is about to come to an end…and that means thousands of investors
are about to get clobbered. This correction could begin as soon as December 31st– so it’s important that you take action now
to prepare yourself. Click on the link below for immediate access to Dennis
Slothower’s latest report, which will explain – in plain English – just how
Dennis saw the collapse of 2008 coming…and how he’ll help you avoid disaster in
the weeks ahead. http://www.stealthstocksonline.com/reports/FreeReport4StealthStocks.pdf
Don't Be Fooled By Investment Disinformation [ While this is
axiomatically true, it is also true that one must go beneath the numbers to
find the reality underlying particularly manipulated moves which, as one might
expect from a forbes contributor with an indirect bobblehead nod to the u.s.
market based upon, ie., ignoring such things as the debased dollar,
insurmountable debt, fraud, etc.. The u.s. numbers are a joke to keep ‘fools
rushin’ in’, to keep them sucked in, etc.. ]
What's
Coming in 2011? More Gloom, But Not Necessarily Doom Krasting ‘Oh boy, is 2011
going to be an exciting year! Some things that I think might happen:
- Volatility is going up across the board. If you
have the stomach for the swings that are coming across all markets, there
is a ton of money to be made; balls and timing are all that are necessary.
The markets will create dozens of opportunities to make and lose.
- There will be 50 days with a swing in the
S&P greater than 1 percent. There will be 10 days where gold swings
$50. There will be two days with a drop greater than 100 bucks. Most of
the big moves will be down moves. Bonds will not be spared the volatility.
- Gold will be higher a year from now, but off its
peak. At some time in the fall, gold will be near $1,800 and The New
York Times will do a front-page story that gold is on its way to
$2,000. That will be the high point of the year.
- Copper will continue to rise. This metal will
benefit as the poor man’s gold. Why buy an ounce of something for $1,600
when you can have a whole pound of something else for only $5? The logic
is compelling only because there is no logic. Increasingly, it will become
understood that money does not hold value. Copper will do a better job of
storing value then a Treasury Bond.
- The U.S. bond market is in for a heck of a year.
The 30-year will trade at both 3% and 5 percent. Higher rates will come
early in the year, then the deflation trade will come back into vogue.
- Spain will be the next sovereign debtor that
falls prey to the market. This will happen before the end of the 1st Q.
The package to bail them out will exceed $500b, which will exhaust EU
resources. There will be very high expectations that contagion will then
move to Italy; that will not happen in 2011 (but might in 2012?). The
European Central Bank (ECB) will step up to the table (finally) and
support the market for Italy. Sometime between March and June, Italian
bonds will be a great buy.
- The IMF will contribute $125b to the Spanish
bailout. The U.S. portion of this will be $25b. Republican Senators and
Congressmen go nuts. The American people will side with them. "How
can we help Spain but not California?" will be the mantra. In
the end, the IMF commitment will stand. But that will be the last time the
U.S. contributes to a sovereign bailout. This will prove to be very
destabilizing at some point after 2011.
- The ECB will be forced to issue bonds that are
joint and several debt of the EU members. This development will stabilize
the EU temporarily, but it will be hated in Germany. The amount of the new
issuance of these bonds will be small. The program will be terminated in
2012.
- The dollar versus the euro will be all over the
lot. The low for EURUSD will be ~1.17. The really big surprise is that
toward the end of the year, the euro will be pushing 1.50.
- The franc will be like copper. It will attract
investors as there is no good alternative. Before June EURCHF will trade
below 90.
- The market will finally wake up to the fact that
the yen is not a good store of wealth. The continuing argument will be,
“Yeah, the yen stinks, but everything else is worse so it should be
okay." Wrong. The yen is a short. The best currency trade of the year
will be long sterling/short yen. There will be better levels to put this
trade on than exist today; be patient.
- The U.S. will have a full year deficit of $1.4
trillion. This depressing reality will hang on the U.S. economy/markets.
Congress will talk about the problem endlessly, but little will be
accomplished. By the end of the year, the problem will be so acute that
belt-tightening is put in place for 2013-15 ... but it will be too late by
then.
- QE2 will be the last QE we see. The program will
end (on schedule) on June 30. Perversely, long-term interest rates will
rise as long as QE continues. When the program is finished, rates will
begin a rapid decline. This will not go unnoticed by academia. The result
will be that QE will be a disgraced policy that will not be used again for
at least five years.
- The high for the S&P will occur before June.
The S&P will fall short of 1,500. The low will be 1,100.
- Oil will rise to $130 in the next six months. It
will be above $100 at the end of the year.
- China’s inflation rate will continue to rise.
Food will be the primary driver. The central government will respond with
monetary tightening and an acceleration of the yuan appreciation. It will
not work. Inflation will push 7 percent. The domestic economy will
continue to grow, but at a much smaller pace. 5% GDP growth will be only
5% for the year. The trade surplus will fall by a third.
- Brazil will continue to shine as a resource-rich
country that runs a trade surplus and has low budget deficits. The
surprise of the year will be Argentina. Food will be the reason.
Argentina’s fortunes will improve with rising wheat and soy prices.
- The U.S. will wind down its presence in Iraq.
With each step we take out the door, domestic violence will rise. Iran
will assume a larger role in the south, especially in Basra. This will not
go over well with the U.S. Much of the year will be spent debating what
should be done. U.S. warships will be off the Iranian coast waiting for a
phone call, but no shots will be fired. Russia and Germany will not go
along with strong sanctions against Iran. The problem will fester toward a
resolution in 2012.
- Kim Jong-il will die. His son, Kim Jong-un, will
take over. The heir is a nut; there will be more military exercises that
result in shells landing on South Korean soil. China will make public
statements that it is trying to bring order; behind the scenes, it will be
applauding the chaos.
- Obama’s popularity will continue to fall. The
legislative “successes” at the end of 2010 will convert to a series of
failures. There will be no new stimulus. Portions of the health care
legislation will be dialed back. The mandatory participation feature will
be found unconstitutional. Without this feature the legislation makes no
economic sense, and a great debate will be initiated as to what to do
about it. Nothing will be accomplished. Reason? There are no “answers” to
this problem.
- Obama will propose a means test for Social
Security in his State of the Union address. Retirees who are living the
high life (Warren Buffett types) are going to have their Social Security
checks cut to the bone. Any senior with income of $200k will be impacted.
The great socialization of Social Security will have begun. The popularity
of this program will fall off a cliff.
- The 2% reduction on worker contributions to
Social Security will be extended and expanded to 3% for 2012. Rates will
not go up in future years. Social Security will have to be gutted as a
result. This will not happen in 2011. But the seeds will be sown for this
to occur in 2014.
- 2011 will be a stock pickers' market. Index
investing will see a bad year. Some of the darlings of 2011, like Apple (AAPL) and Netflix (NFLX) will not fare so well. While I
don’t see big declines in these stocks, there are much better places to
put money to work. M&A will be a dominant theme; that is where the
action will be.
- There will be at least three more "flash
crashes." The SEC will launch another investigation into how this
could happen. The conclusion will be that ETFs and how dealers manage them
are responsible for the liquidity problems in individual stock names.
There is no solution to this problem. The market will be on edge looking
for the next mini-crash. A stock will fall prey to this and drop 20% in
seconds. Unlike prior examples, there will be no recovery in the stock.
Holders will protest the losses. There will no restitution. Market
confidence will fall as a result.
- Meredith Whitney will be proven wrong in her
forecast that 50-100 munis go Chapter 9 this year. The process to
insolvency takes much longer than she has anticipated. Only 11 munis will
make a chapter filing; the rest will be pushed to the brink in 2012.
- The center of attention will move away from
California as the most bankrupt state. In his State of the State address
in January, New York’s new governor, Andrew Cuomo, will fess up to the
fact that for the past year of so New York has been burying its problems.
Substantial cutbacks in spending will be the result. New York State long
-term GOs will trade at 6% at some point in the year.
- Unemployment will not go down. The average for
the year will be above 10 percent. The number of workers who leave the
system will rise to 20mm. These workers will find part-time jobs that pay
cash. The new day-workers will compete will illegals for employment.
Social tensions will be the result.
- The Chevy Volt will not sell well. Boeing (BA) will be unable to complete a single
Dreamliner. GM (GM)
will trade below $30; Boeing will hit the low $50s.
- The Singapore dollar will be the strongest
currency on the globe in 2011.
- Apple will not come up with a new product this
coming year. The rest of the consumer tech manufacturers will gain some
market share. The problems with dropped calls with the iPhone will be an
issue. Apple will respond with alliances with a number of other providers.
AT&T's (T) stock will suffer as a result.
- Headline inflation will rise a bit, and will
push through 2 percent. Those numbers are meaningless. The price of a pair
of jeans will be 50% higher. Food will cost us 15% more. Gas will be at
$4. Bernanke’s QE will be blamed for the inflation.
- Much to my chagrin and surprise, Tim Geithner
will not be replaced as Treasury Secretary. He will continue to do a very
mediocre job for us. He will be replaced in January of 2012.
- Comcast (CMCSA) will complete its acquisition of
NBC/CNBC. One of its first acts will be to fire Mark Haines. Nothing will
help. The ratings will continue to fall. Becky Quick will move to Fox
Business. Diana Olick will get her own show. She is being groomed to be
the next Suzie Orman. Simon Hobbs will return to London.
- Fannie (FNMA.OB) and Freddie (FMCC.OB) will be merged. Out of the ashes
will come a good bank and a bad bank. The bad bank will hold $2.5 trillion
in questionable mortgages. The U.S. will end the year exactly where it
started on this critical issue. The federal government will be responsible
for more than 95% of all new mortgages issued.
- Washington's other mortgage lender, the Federal
Housing Authority (FHA), will run into troubles. Its minimum reserve level
set by Congress will be breached. A bailout will be required. The true
cost is buried. The bailout will be less than $20b. As this is a problem
for the Senate, the legislation will be passed quickly.
- There will not be a "failure of a
government" bond auction. But the coverage for each issuance will
grow smaller. China, Russia and Brazil will reduce their holdings of U.S.
reserves. The mysterious "household" sector will show a huge increase
in Treasury holdings. This will be confusing, as it will not match up with
other data. U.K. reserve holdings will show a decline. These are actually
holdings of China that were not included in official reserves. This will
bring uncertainty.
- "Mortgage-gate" will die as a headline
story. In fact, it will go the other way during the year. Increasingly,
the problems in real estate will be focused on the fact that there have
been too few foreclosures. The fact that too many people had been living
in a home without paying a dime becomes a cost that all have to bear. As a
result, there will be a much higher level of foreclosures throughout the
year. Contrary to expectation, residential real estate for average-priced
homes will not decline much further. However, prices for high-end homes
will continue to fall. Anything with a price tag of greater than $1mm will
be worth 20% less by the end of the year.
- The narco violence in Mexico will expand to many
more cities; tourism will be hurt as a result. Some of the violence will
pass over our border. Anti-immigration attitudes will expand. Because the
low-end economy will remain in the dumpster, the actual number of illegal
aliens will decline by more than 1mm. This will add to the RE woes in some
U.S. areas. It will stress the countries that they originated from as
dollar remittances decline.
- Interest rates will be higher throughout the
year for corporate bonds and munis. This will bring a reversal of the
mania to buy dividend stocks. Those who thought that this investment
strategy would work for them will be disappointed. The number of hucksters
pushing the dividend story will grow in number while the popularity of the
strategy declines.
- Jon Hilsenrath will write an article for The
Wall Street Journal that is actually critical of the Fed. The
unpopularity of the Fed will rise to such a level that Jon will have no
choice but to follow suit.
- The Fed will come under attack from all sides.
It is truly in a no-win situation. Unemployment will continue to rise
while inflation rises and the dollar declines. One side will shout that
the Fed did too little (Krugman), others that it did too much (the rest of
the world). Everyone will hate the Fed as a result. Bernanke will not lose
his job, but his term as boss at the Fed will be forever tainted.
- ZIRP will be with us for yet another year.
Bernanke will not let go of this loser policy. Inflationary expectations
will respond at some point. By the end of the year, a Fed funds rate
increase will be seen as imminent even though the economy will be soft.
- Social unrest will become visible in America in
2011. There will be demonstrations in many major cities. Some will turn
violent. Economics will be at the heart of the anger. The frustration that
was evident in France in recent years will come to the U.S.
Have a great year!’
Artificial intelligence to transform web: Russian tycoon (AFP)
J.P Morgan,
the ultimate *ankers of 2010 Economic Assassin | The
contracts that Bear Stearns once held on silver have now been taken over by J.P
Morgan, allowing them complete control on the paper price on silver.
GAO
Sees Problems in Government’s Financial Management Accounting Today
| Government Accountability Office Can’t Hold Government Accountable.
War Would End the Recession?
Steven Horwitz | Krugman says destruction creates wealth.
9
Signs That The Price Of Oil In 2011 Will Soar Well Beyond 100 Dollars A Barrel
Will
we see the price of oil rise significantly in 2011? Unfortunately, that appears
to be precisely where we are headed. Despite stubbornly high unemployment and a
very sluggish economy in the United States, the price of oil continues to creep
upward. Ex-Shell
president sees $5 gas in 2012 The
former president of Shell Oil, John Hofmeister, says Americans could be paying
$5 for a gallon of gasoline by 2012.
Nearly
100 bailed-out banks may collapse all the same: analysis The $700-billion
bank bailout, launched in the final months of the Bush administration, was
meant to save US financial institutions from a systemic collapse.
Andy
Xie: Either America Or China Will Crash In 2011 The most likely candidates
to trigger the next global crisis are the U.S.’s sovereign debt or China’s
inflation. When one goes down first, the other can prolong its economic cycle.
Non-US Banks
Gained from Fed Crisis Fund Some of the world’s strongest banks have
profited from an emergency credit facility set up by the US Federal Reserve to
shore up confidence in the global financial system, according to a Financial
Times analysis of data released by the Fed.
Midas Resources: QE2
Explained Midas Resources explains how QE2 works and why it is killing the
dollar and our future.
National
/ World
Chris
Matthews Wants Obama to Produce Birth Certificate Kurt Nimmo
| MSNBC is worried that the “birther issue” has grown legs and is about to swamp
the Barry Obama administration.
Alex
Jones’ Audio Blog: War on Common Sense – Losing Our Cultural Instincts Under
the NWO THElNFOWARRlOR | Recorded during his break on
Christmas Eve, Alex discusses how we are deep into a long-term agenda to
conform humanity to the globalists’ system.
Social Security is
not “Insurance” Ron Paul | Social Security does not
represent an old age pension, an “insurance” program, or even a forced savings
program.
Amerika Has Caught Up
With 1984 Paul Craig Roberts | America’s future is the
world of Winston Smith.
10
New Year’s Re-Solutions For Non-violent Rebellion Activist Post
| The only reason the system is maintained is because the majority still
acquiesce to it.
Alex
Jones’ Audio Blog: War on Common Sense – Losing Our Cultural Instincts Under
the NWO Recorded during his break on Christmas Eve, Alex discusses how we
are deep into a long-term agenda to conform humanity to the globalists’ system.
Under modern day mind control, individuals willingly defend their road to
servitude while learning to shed their family, culture, values and instinctual
defenses against domination by the ruling predator class.
Chris
Matthews: Why Doesn’t Obama Just Release The Birth Certificate? On Monday
night’s edition of “Hardball,” host Chris Matthews talked about putting the
birth certificate controversy surrounding President Obama to rest.
The Secret Of
Queen Elizabeth Exposed Alex Jones and Aaron Dykes discuss the British
Royal Family and the Groom of the Stool.
Gold
Surges To Two Week High As $1,400 Level Exposes Many To Pin Risk To be
sure, we assumed that this merely opens the way for yet another year end rally
to all time highs, in line with the prediction by John Embry from two days
earlier.
Pilot Who Took
On Big Sis Goes Public The airline pilot who lost his federally-issued gun
and badge for posting video on YouTube critical of airport security has chosen
to go public with his identity.
2011:
“Dissent Is What Rescues Democracy” The year 2011 will bring Americans a
larger and more intrusive police state, more unemployment and home
foreclosures, no economic recovery, more disregard by the US government of US
law, international law, the Constitution, and truth, more suspicion and
distrust from allies, more hostility from the rest of the world, and new
heights of media sycophancy.
With
food safety bill, U.S. government will spend nearly $1 million per person to
prevent food-borne illness deaths The recently-passed Food Safety
Modernization Act, which was passed in order to prevent food-borne illness
deaths in the USA, will cost $1.4 billion over the first five years. But nobody
thinks about the economics of the issue. How many people are we going to save
by spending this $1.4 billion, even assuming it works?
US
declined to investigate suspected Mossad assassination, cable shows The US
government lied about a request from the United Arab Emirates (UAE) government
to probe the death of a Hamas military leader, according to a recently released
US State Department cable from secrets outlet WikiLeaks.
High-risk
insurance pools attracting few (Washington Post) [ As if we didn’t already
know we can’t believe anything thet say!
] Early feature of the new health-care law isn't attracting as many
customers as expected.
Iraq: 2 suicide bombings kill 19, wound
45 (Washington Post) [
Progress breakin’ out all over …
Britain charges 9 of 12 arrested in terror
plot (Post, December 27, 2010; 4:07 PM) …blowback’s a bitc*h! …
Conflicting accounts of deadly raid in Kabul
(Post, December 27, 2010; 6:32 PM) WikiLeaks
papers detail Iraq torture, US killings Al-Jazeera on Friday released what
it called “startling new information” from US documents obtained by WikiLeaks,
alleging state-sanctioned Iraqi torture and the killing of hundreds of
civilians at US military checkpoints. Julian
Assange to RT: WikiLeaks gives ‘most accurate picture of war’ The shocking
WikiLeaks release, which has revealed thousands of unreported civilian
casualties in Iraq, is the most accurate picture of war ever made, and it is
food for thought, says the website’s editor-in-chief. The report, condemned by
the Pentagon, claims that US commanders in Iraq ignored evidence of torture and
the murder of civilians. Spiegel:
WikiLeaks logs may reveal war crimes In its early analysis of the Iraq war
logs released by whistleblower site WikiLeaks on Friday, the German paper Der
Spiegel pointed to several accounts of what it calls “dubious attacks” by US
Apache helicopters that may have amounted to war crimes.Secret
Iraq war records reveal grim new details (Washington Post) Logs released by WikiLeaks offer chilling
insights about conflict's death toll and the tactics of Iraqi leaders who have
taken over as U.S. troops exit. [ Now
why did I think the u.s. military’s numbers were all wet? Poll: Does
WikiLeaks put soldiers in danger? I haven’t looked at this poll, but my
inner poll says needless wars in other people’s lands put soldiers at risk,
particularly when your nation is defacto bankrupt. ] Previous: 77,000 Iraqis killed from 2004 to
August 2008, U.S. military says (Washington
Post) [ And you can take that to the fraudulent american bank … riiiiight! …
Come on … americans lie about everything and certainly this … A conservative
estimate from AP through only 2007:
Study: 151,000 Iraqis died in conflict’s violence Surveyors face danger to
count casualties from 2003 to 2006 The Associated Press - updated 1/9/2008 7:15:50 PM ET 2008-01-10T00:15:50
About 151,000 Iraqis died from violence in the first three years after
the United States invaded, concludes the best effort yet to count deaths — one
that still may not settle the fierce debate over the war's true toll on
civilians and others … americans are just lying war criminal american
scum. Obama’s
Finest Hour: Killing Innocent People For “Made-Up Crap” Floyd Empire Burlesque Oct 22, 2010 If ever I am tempted by the siren songs of my tribal
past as a deep-fried, yellow-dawg Democrat, and begin to feel any faint,
atavistic stirrings of sympathy for the old gang, I simply think of things like the scenario below, sketched last week by
Johann Hari, and those wispy ghosts of partisanship past go howling back to the
depths: … Unauthorized
US strike kills 4 Pakistanis A non-UN-sanctioned US strike on a house in
Pakistan’s tribal region of North Waziristan has killed four civilians and
injured two others.]
Rise
in mergers may spell trouble for jobs
(Washington Post) [ Lifelines
for a few, obfuscation of impending disaster for most, fraudulent wall street
just loves those fees, and though contraindicated, the potential talking points
thereby. ] Some corporate mergers this
year have been shadowed by fears of layoffs.
Toasting
the bad economy (Washington Post) [
As indeed the Russians should since they have much to celebrate. Russian
tiger team hails success yahoo
Moscow's
unprecedented military deal (Washington Post) ( France should be praised
inasmuch as a strong Russia, and conversely, a weak perpetual war, war
mongering, war crimes, pervasively corrupt nation, america is optimal for world
peace! ) Russia
is last in series of major powers to seal valuable deals with India (Washington Post) ( Bravo for India … a deal with
Russia is a deal with a future! ) ] Their country still endures the sting of
economic crisis, but Russians plan to drink up this holiday season. Applebaum: The
'decline of the West' (Washington Post) [ It really is true … and, no
leftist sympathizer with his book of the same name, none other than Buchanan
says as much. The reason of course is based on reality. From Orwellian Britain,
to failed nation-state the pervasively corrupt and defacto bankrupt
wobama-bushland america, to perpetual war ‘me-toos’ (ie., nato allies, war
crimes nations israel, u.s., etc.), their frauds (wall street, etc.) protected,
laws meaningless(see RICO
case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) , their ruthless suppression subtle, hidden,
but odious as never before in their respective histories, the west at best has
become that ‘distinction without significant difference’ and heading to worse
than can be imagined. Of course they’ll lay blame to something other than the
huge frauds / wealth transfers that have plundered the nation. Indeed, one
could even cogently argue that said plundering gave rise to the flawed, failed
communism lie in the first instance. Yet, Russia, a great nation with a rich
history is not a communist nation, did not violently suppress the people as
they shirked that communist yoke / albatross, is not as defacto bankrupt,
meaningfully lawless, pervasively corrupt america engaging in perpetual wars of
destruction to persons and property, and with a great leader of historical
dimension in Putin is a far more rational choice than the bankrupt west on all
levels. As for communist china, it has
truly been a self-defeating, self-destructive creation of the west out of greed
which is in no short supply in the west.
PREVIOUS:
Wikileaks
founder freed on bail (Washington
Post) [ ‘… Moore (correctly) asserts
that Assange
is under attack solely because he had the courage to expose American war
crimes. Moore writes:
We
were taken to war in Iraq on a lie. Hundreds of thousands are now dead. Just
imagine if the men who planned this war crime back in 2002 had had a WikiLeaks
to deal with. They might not have been able to pull it off. The only reason
they thought they could get away with it was because they had a guaranteed
cloak of secrecy....
So
why is WikiLeaks, after performing such an important public service, under such
vicious attack? Because they have outed and embarrassed those who have covered
up the truth…’
Though
Assange’s arrest was on far more tenuous grounds owing to a CIA-linked girl,
Roman Polanski was similarly targeted:
BBC
News - Roman Polanski triumphs at European Film Awards Dec 5, 2010
... Roman Polanski's thriller The Ghost
Writer wins six prizes at the European ... Polanski
was working on the film at the time of his arrest in ...
www.bbc.co.uk/news/entertainment-arts-11921048 {I strongly recommend this, of course,
masterfully done film which deals with exactly that topic and the sordid,
unscrupulous machinations of the cia / u.s. (no wonder the u.s. opted out of
coverage by world treaty / The Hague thereby) to avoid detection of, and to
further such activities as the war crimes referenced.}
Don’t forget: america has their own
untouchables in the illegal sense, ie., wall street, etc., and In interview, Bush defends
Iraq war and waterboarding (Washington Post) [ Defending the indefensible … what choice
does he have … then there’s the lies … ] Bush
breaks silence, writes next chapter
(Washington Post) [ As a failed
president and war criminal himself, moron dumbya bush is among the few in the
world that makes failed president wobama look plausibly good in comparison …
wobama merely continued the failed policies of dumbya (perpetual war, no pros
the frauds on wallstreet, etc.) that got pervasively corrupt, defacto bankrupt
america to this point of decline and failure. ] Anne E. Kornblut Your take: His most memorable moment? [ Like regrets in that old song (his way)
he’s had a few – http://albertpeia.com/evilonthetarmac.htm here’s a few: bushisms from bush the brain-damaged moron http://albertpeia.com/bushisms.htm
:
Clinton Speaks: He Did It
Because He Could - There Are Serial Killers On Death Row Who Have Killed Fewer
People Than Unconflicted, Pathological Liar/Perjurer, Rapist, and Murderer,
Psychopath criminal american clinton
·
clinton Flashed ("Dropped his
Drawers") Paula Jones and Implored Her To "Kiss It" (his p***s,
which owing to distinctive "marking/disfigurement" she was able to
describe)
·
clinton "Cops a Cheap
Feel/Grope" From Kathleen Willey In Attempting Prey Upon Her Perceived
Vulnerability
·
clintonites Threaten Dolly Kyle
Browning In Attempting To Intimidate Her Into Giving False Testimony
·
clinton Brutally Rapes Juanita
Broaddrick
·
clinton Was Asked To Leave
Oxford Owing To Sexual Assault Of A Fellow Student
He
Does It Because He Can
On March 11, 1999, Investor’s Business
Daily reported that at least nine (9) women have now charged that Clinton
"personally assaulted them or, through his ‘agents’ or ‘people,’
threatened to do them or their families physical harm." The list includes
Dolly Kyle Browning, Gennifer Flowers, Juanita Broaddrick, Paula Corbin Jones,
Kathleen Willey, Monica Lewinsky, Linda Tripp, Sally Perdue, and Elizabeth Ward
Gracen. "And all of them say they’re afraid for their safety so long as he
remains in power."
CLINTON BODY COUNT
By: Ether Zone
Staff
Here
is the latest body count that we have. All of these people have been connected
with the Clintons in some form or another. We have not included any deaths that
could not be verified or connected to the Clinton scandals. All deaths are
listed chronologically by date. This list is current and accurate to the best
of our knowledge as of January 13, 1999 August 1, 2000. (see complete list http://albertpeia.com/bodycount.htm ) …’
]
Robinson:
On
track to nowhere in Afghanistan (Washington Post) [ I agree with Mr. Robinson and we should be
thankful that he’s watching closely and, unlike so many others, he has courage
enough to say so :
Obama's
glaring ego (Washington Post) [ Come on! Now known for what he really is;
viz., an insecure, dysfunctional, jive-talking b*** s*** artist, he’s just once
again, but typically wrong, and is nothing to have an ego about. Robinson: White
House is eerily silent on taxes (Washington Post) [ Eerily? I think not!
Expectantly? I think so! That is, once you get beyond the wobama b*** s*** !
And, truth be told party distinctions are merely distinctions without
significant differences (no prosecution of the wall street frauds, wars raging
in Afghanistan / Middle East, etc.. But alas, as to the ‘wobama whitehouse’
this was predictable early on as by David Icke : Barack Obama: The
Naked Emperor Shocking but true revelations from David Icke (a must read) | ‘Vast
numbers of people across the world, including many who should know better, have
been duped by the mind-game called Operation Obama... (excerpts) Obama has been
the chosen one for a long time, a fact known only to a few in the deep inner
circle, and his relationship with Brzezinski almost certainly goes back to the
start of the 1980s when he attended the Ivy League, and big-time Illuminati,
Columbia University where Brzezinski was head of the Institute for Communist
Affairs. Obama simply will not talk in any detail about this period. He has
been covertly funded and supported ever since by the Trilateral Commission and
its network of foundations connecting into the Ford Foundation, for whom Obama's
mother worked. And a question: Does anyone really believe that someone, a 'man
of the people', would simply appear from apparently nowhere to run the slickest
and best-funded presidential campaign in American history? He was chosen long
ago by those who wish to enslave the very people that Obama says he wants to
'set free'. The sources of Obama funding read like a Wall Street Who's Who -
Goldman Sachs, UBS, Citigroup, Credit Suisse, Deutsche Bank, J.P. Morgan Chase,
Morgan Stanley, and so on. No wonder he went back on his pledge to accept the
limitations of public funding for his campaign and instead took the no-limit
option of 'private funding. Then there is the Jewish financier, George Soros,
the multi-billionaire associate of Brzezinski and closely involved with the
funding and marketing of Obama. Soros is a former board member of the
Illuminati's Council on Foreign Relations and funds the European Council on
Foreign Relations. In short, he is a major insider' You can certainly see the
Soros/Brzezinski techniques in the Obama 'revolution' in the United States. It
was the complex and secretive network of Soros foundations and organisations,
connected to the intelligence agencies of the US and Israel, that trained and
funded students in the Ukraine, Georgia and elsewhere in the art of mass
protest and overthrowing governments. These manufactured protests were sold to
the world as peoples' revolutions, but it just so happened that when they were
over and the old regime was removed the new leaders were those waiting in the
wings all along - the puppets of Soros, Brzezinski and their associated
networks. Obama is just more of the same, a big smile with strings attached,
and controlled completely by the Illuminati networks that chose him, trained
him, sold him and provided his record funding. It was they who kept his many
skeletons under wraps, like the gay sex and crack cocaine allegations of Larry
Sinclair (from affidavit: 1. Who is Ron Allen that claims to be with your
Presidential camp, who is alleged to claim that someone claiming to represent
me called asking for $100,000, to keep me from coming forward about our (Obama
and I) November 1999 encounter of sex and cocaine use?), and they will continue
to do so as long as he jumps to their bidding. Obama is just another Banksters'
moll prostituting himself for fame and power, and that's why he supported the
grotesque bail-out of the banking system and why he will always put their
interests before the people. His financial advisors are straight from the Wall
Street 'A' list, including Paul Adolph Volker (Trilateral Commission, Council
on Foreign Relations, Bilderberg Group), the head of the Federal Reserve from
1979 to 1987 and Illuminati to his fingertips. Obama has made him head of the
Economic Recovery Advisory Board, which is dominated by insiders, including its
staff director and chief economist, Austan Goolsbee, a close Obama associate
from the University of Chicago. Goolsbee is an initiate of the infamous
Illuminati Skull and Bones Society at Yale University, which also includes Boy
and Father Bush. It was Goolsbee who told the Canadian government not to worry
about Obama's attacks on the economic effects of free trade agreements because
his words were just to win votes in the election campaign. Another Wall Street
insider, the Zionist Timothy Geithner (Bilderberg Group, Trilateral Commission,
Council on Foreign Relations), was appointed by Obama to be his Treasury
Secretary. Geithner was the President of the New York Federal Reserve Bank, the
most powerful in the private Federal Reserve cartel that masquerades as
America's central bank, and he is a former employee of both the Council on
Foreign Relations and the appalling Kissinger Associates. Obama's Treasury team
locks into the inner circle around the Zionist Robert Rubin, the Director and
Senior Counselor of Citigroup, co-chairman of the Council on Foreign Relations,
and economic advisor to Obama. Rubin, a member of the Illuminati Bilderberg
Group, was the man behind Citigroup's strategy of expanding its risk in debt
markets which forced it to be rescued by taxpayers' money. The very people who
caused the financial crisis are being appointed by Obama to decide how to
respond to it (more taxpayers' money for them and their friends) ‘
The following youtube video is well worth
the look and explains how and why the frauds on wall street have gotten away
with their devastating fraud thus far. The frauds on wall street et als should be criminally
prosecuted, jailed, fined, and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ...
Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker. This well researched / produced
video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257# [
youtube is often down – website archived version is available as
follows: http://www.albertpeia.com/esotericagenda.flv http://www.albertpeia.com/esotericagendalinktoarchive.htm ]
-------------------
In interview, Bush defends
Iraq war and waterboarding (Washington Post) [ Defending the indefensible … what choice
does he have … then there’s the lies … ] Bush
breaks silence, writes next chapter
(Washington Post) [ As a failed
president and war criminal himself, moron dumbya bush is among the few in the
world that makes failed president wobama look plausibly good in comparison …
wobama merely continued the failed policies of dumbya (perpetual war, no pros
the frauds on wallstreet, etc.) that got pervasively corrupt, defacto bankrupt
america to this point of decline and failure. ] Anne E. Kornblut Your take: His most memorable moment? [ Like regrets in that old song (his way)
he’s had a few – http://albertpeia.com/evilonthetarmac.htm here’s a few: bushisms from bush the brain-damaged moron http://albertpeia.com/bushisms.htm
:
Clinton Speaks: He Did It
Because He Could - There Are Serial Killers On Death Row Who Have Killed Fewer
People Than Unconflicted, Pathological Liar/Perjurer, Rapist, and Murderer,
Psychopath criminal american clinton
·
clinton Flashed ("Dropped his
Drawers") Paula Jones and Implored Her To "Kiss It" (his p***s,
which owing to distinctive "marking/disfigurement" she was able to
describe)
·
clinton "Cops a Cheap
Feel/Grope" From Kathleen Willey In Attempting Prey Upon Her Perceived
Vulnerability
·
clintonites Threaten Dolly Kyle
Browning In Attempting To Intimidate Her Into Giving False Testimony
·
clinton Brutally Rapes Juanita
Broaddrick
·
clinton Was Asked To Leave
Oxford Owing To Sexual Assault Of A Fellow Student
He
Does It Because He Can
On March 11, 1999, Investor’s Business
Daily reported that at least nine (9) women have now charged that Clinton
"personally assaulted them or, through his ‘agents’ or ‘people,’
threatened to do them or their families physical harm." The list includes
Dolly Kyle Browning, Gennifer Flowers, Juanita Broaddrick, Paula Corbin Jones,
Kathleen Willey, Monica Lewinsky, Linda Tripp, Sally Perdue, and Elizabeth Ward
Gracen. "And all of them say they’re afraid for their safety so long as he
remains in power."
CLINTON BODY COUNT
By: Ether Zone
Staff
Here is the latest body
count that we have. All of these people have been connected with the Clintons
in some form or another. We have not included any deaths that could not be
verified or connected to the Clinton scandals. All deaths are listed
chronologically by date. This list is current and accurate to the best of our
knowledge as of January 13, 1999 August 1, 2000. (see complete list http://albertpeia.com/bodycount.htm )
Susan Coleman: Rumors were circulating in Arkansas of an affair
with Bill Clinton. She was found dead with a gunshot wound to the head at 7 1/2
months pregnant. Death was an apparent suicide.
Kevin Ives & Don Henry: Initial cause of death was reported to be the result
of falling asleep on a railroad track in Arkansas on August 23, 1987. This
ruling was reported by the State medical examiner Fahmy Malak. Later it was
determined that Kevin died from a crushed skull prior to being placed on the
tracks. Don had been stabbed in the back. Rumors indicate that they might have
stumbled upon a Mena drug operation.
Paul Olson: A Federal witness in investigations to drug money
corruption in Chicago politics, Paul had just finished 2 days of FBI interviews
when his plane ride home crashed, killing Paul and 130 others on Sept 8 1994.
The Sept. 15, 1994 Tempe Tribune newspaper reported that the FBI suspected that
a bomb had brought down the airplane.
Calvin Walraven: 24 year on Walraven was a key witness against Jocelyn
Elder's son's drug case. Walraven was found dead in his apartment with a
gunshot wound to the head. Tim Hover, a Little Rock police spokesman says no
foul play is suspected.
Alan G. Whicher: Oversaw Clinton's Secret Service detail. In October 1994
Whicher was transferred to the Secret Service field office in the Murrah
Building in Oklahoma City. Whatever warning was given to the BATF agents in
that building did not reach Alan Whicher, who died in the bomb blast of April
19th 1995.
Ron Brown:. The Commerce Secretary died on April 3, 1996, in an
Air Force jet carrying Brown and 34 others, including 14 business executives on
a trade mission to Croatia, crashed into a mountainside. The Air Force, in a
22-volume report issued in June of 1996, confirmed its initial judgment that
the crash resulted from pilot errors and faulty navigation equipment At the
time of Brown's death, Independent Counsel Daniel Pearson was seeking to determine
whether Brown had engaged in several sham financial transactions with longtime
business partner Nolanda Hill shortly before he became secretary of commerce.
Charles Meissner: died: UNK - Following Ron Brown's death, John Huang was
placed on a Commerce Department contract that allowed him to retain his
security clearance by Charles Meissner. Shortly thereafter, Meissner died in
the crash of a small plane. He was an Assistant Secretary of Commerce
for International Economic Policy.
Barbara Wise: Wise a 14-year Commerce Department employee found dead and
partially naked in her office following a long weekend. She worked in the same
section as John Huang. Officially, she is said to have died of natural causes.
Mary C. Mahoney: 25, murdered at the Georgetown Starbuck's coffee bar over
the 4th of July '97 weekend. She was a former White House intern who worked
with John Huang. Apparently she knew Monica Lewinsky and her sexual encounters
with Bill Clinton. Although not verified, it has been said that Lewinsky told
Linda Tripp that she did not want to end up like Mahoney.
---------------------------------------------------------
Background http://albertpeia.com/CIAAgentAffidavit1.jpg
For Those Who Wonder About
the bush-clinton-bush Stranglehold on the Nation, Realize That Their Criminal
Cooperation Began With Their Lucrative Relationship Vis-a-vis What Was Known as
the Mena, Arkansas Drug (cocaine from Central/South America) Run As Set Forth
In This CIA Agent's Affidavit/Declaration Under Penalty of Perjury.
The
Vietnam war was a painful time for America. Many young Americans were drafted
and died thousands of miles from their loved ones. Young men of priviledge had
a clear advantage - few of them went to Vietnam, securing positions in the
National Guards of their respective states. George W. Bush was one of these
men, securing a place in the Texas Air National Guard in spite of a waiting
list of several hundred. However, he claims that he did not receive special
consideration, which is clearly a lie.
Most
of the young men lucky enough to get into the Guard fulfilled their
obligations. George W. Bush did not. He was absent without leave, AWOL, for
over a year. Not surprisingly, this got little attention from the corporate
media...
…
After the hostages' release, the arms shipments to Iran continued. Profits were
funneled to another pet cause of the right wing - the Nicuaraguan terrorists
known as "freedom fighters" or "Contras". Another Contra
source of income was trafficking in narcotics, running cocaine into the United
States, with the full knowledge and cooperation of Administration officials. In
the 80's there was a huge increase in the flow of cheap crack cocaine into the
inner cities of America and countless lives were destroyed.
A
series of investigations led to the convictions of Oliver North and Vice
Admiral John C. Poindexter, head of the National Security Council, on charges
of obstructing Congress and unlawfully destroying documents, but both their
convictions were later reversed. In 1992 President George H.W. Bush pardoned
many of the top government officials who had been charged or convicted in the
scheme. The main perpetrators of Iran/Contra and associated events remain free
today, and many of them work in George W. Bush's Administration.
…
Of
the three generations of Bush men mentioned on this site, the most evil and
most dangerous by far is George Bush, Sr.
The
Bush family came by their wealth on the backs of 11 million dead. Prescott
Bush, along with partner E. Ronald Harriman, supplied financial aid and raw
materials to Hitler's Third Reich.
In
1942, Bush/Harriman companies were seized under the Trading with the Enemy Act:
the Union Banking Corporation, the Holland-American Trading Corporation, the
Seamless Steel Equipment Corporation and Silesian-American Corporation.
After
the war, the CIA recruited many former Nazis to work for them, escaping prosecution
for war crimes. Klaus Barbie, infamous for ordering the murder of French
children, was among them. He was, however, eventually caught and returned to
France to stand trial.
…
Shortly before the 9/11 attacks, John Ashcroft stopped flying commercial and
started flying on government-chartered planes. Why?
In
fact, the George W. Bush received many warnings that he disregarded. Bush knew,
and he did nothing. Why?
Oil,
that's why. And a free rein to rape the Constitution.
…-
David Blomstrom ]
] Gerson: He could have
taken quiet credit for the bipartisan tax deal; he chose otherwise. ]
‘Deadbeat’
TARP banks on rise (Washington Post) [ Sounds like a plan! Viz., when
worthless paper / securities / toxic assets are being carried in the trillions
now marked to anything (as per legislated mark to anything FASB rule change),
the reality is that there’s no real surplus from which to pay dividends, etc.. ]Obama administration steps up monitoring of
banks that miss required payments.
(12-26-10)
I’m constrained to eat crow here, inasmuch as I’ve previously had negative
things to say regarding Time Warner Cable. But, so as not to be one of those do
as I say, but not as I do hypocrites, I must state for the record here that
Time Warner Cable internet is far superior to the att-based DSL, and that att
can’t-do-thing means I’ll be canceling my (jersey / now dumbya bushie land) att
land line (done 12-27-10, along with DSL) which wasn’t fully functional anyway
but had kept same for the listing, and for internet connection which ultimately
required DSL and failed at that.
(12-23-10) MY INTERNET CONNECTION IS DOWN AGAIN AND OF COURSE, I
WILL HAVE MORE TO SAY ABOUT THE PERVASIVELY CORRUPT, DEFACTO BANKRUPT AMERICAN
SCUMBAGS SHORTLY! They will be sorry they did this … I won’t forget it!
(12-22-10) MY INTERNET CONNECTION IS DOWN SO I’M USING A LOCAL
WORKSTATION COMPUTER AND WILL HAVE MORE TO SAY ABOUT THE PERVASIVELY CORRUPT,
DEFACTO BANKRUPT AMERICAN SCUMBAGS SHORTLY! They will be sorry they did this …
I won’t forget!
10 Good Reasons To Be Worried About The Stock Market In
2011 , On Sunday December 26, 2010,
‘This is one of David Rosenberg's best pieces in awhile. In his latest daily
note, the Gluskin-Sheff economist
presents 10 reasons bulls should be worried about the stock market in 2011. And
it's not just that there are all kinds of negative headlines that are being
ignored, or that some economic datapoints aren't so hot, or that there is still
deflation. He makes a great argument that many factors, like the level of
bullishness, the relative valuation of stocks to bonds, and the unanimity in
thinking are worrisome. If anything, the list isn't taking into account
everything we see right now.
1. STRATEGISTS ARE UNANIMOUSLY BULLISH "In
Barron’s look-ahead piece, not one strategist sees the prospect for a market
decline. This is called group-think. Moreover, the percentage of
brokerage house analysts and economists to raise their 2011 GDP forecasts has
risen substantially. Out of 49 economists surveyed, 35 say the U.S.
economy will outperform the already upwardly revised GDP forecasts, only 14 say
we will underperform. This is capitulation of historical proportions.
"Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#strategists-are-unanimously-bullish-1#ixzz19FzSp3Sd
2. INVESTORS
ARE GOING GAGA FOR STOCKS"The weekly fund flow data from the ICI showed
not only massive outflows, but in aggregate, retail investors withdrew a RECORD
net $8.6 billion from bond funds during the week ended December 15 (on top of
the $1.7 billion of outflows in the prior week). Maybe now all the bond
bears will shut their traps over this “bond-bubble” nonsense." Read
more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#investors-are-going-gaga-for-stocks-2#ixzz19G02eyCU
- "Investors
Intelligence now shows the bull share heading up to 58.8% from 55.8% a
week ago, and the bear share is up to 20.6% from 20.5%. So bullish
sentiment has now reached a new high for the year and is now the highest
since 2007 ― just ahead of the market slide."Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#-3#ixzz19G0EYLuH
- "It
may pay to have a look at Dow 1929-1949 analog lined up with January 2000.
We are getting very close to the May 1940 sell-off when Germany invaded
France. As a loyal reader and trusted friend notified us yesterday,
“fighting” war may be similar to the sovereign debt war raging in Europe
today. (Have a look at the jarring article on page 20 of today’s FT —
Germany is not immune to the contagion gripping Europe.) "Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#-4#ixzz19G0MEGXy
5. STOCK
DIVIDEND YIELDS ARE NOT SO HOT "What about the S&P 500 dividend yield,
and this comes courtesy of an old pal from Merrill Lynch who is currently an
investment advisor. Over the course of 2010, numerous analysts were
saying that people must own stocks because the dividend yields will be more
than that of the 10-year Treasury. But alas, here we are today with the
S&P 500 dividend yield at 2% and the 10-year T-note yield at 3.3%.From a
historical standpoint, the yield on the S&P 500 is very low ― too low,
in fact. This smacks of a market top and underscores the point that the
market is too optimistic in the sense that investors are willing to forgo yield
because they assume that they will get the return via the capital gain.
In essence, dividend yields are supposed to be higher than the risk free yield
in a fairly valued market because the higher yield is “supposed to” compensate
the investor for taking on extra risk. The last time S&P yields were
around this level was in the summer of 2000, and we know what happened shortly
after that. When the S&P yield gets to its long-term average of
4.35%, maybe even a little higher, then stocks will likely be a long-term buy.
"Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#stock-dividend-yields-are-not-so-hot-5#ixzz19G0ow2m9
- THE
DOW PRICED IN GOLD HAS MORE TO FALL Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#the-dow-priced-in-gold-has-more-to-fall-6#ixzz19G2x0gFe"The
equity market in gold terms has been plummeting for about a decade and
will continue to do so. When measured in Federal Reserve Notes, the
Dow has done great. But there has been no market recovery when
benchmarked against the most reliable currency in the world. Back in
2000, it took over 40oz of gold to buy the Dow; now it takes a little more
than 8oz. This is typical of secular bear markets and this ends when
the Dow can be bought with less than 2oz of gold. Even then, an
undershoot could very well take the ratio to 1:1."Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#the-dow-priced-in-gold-has-more-to-fall-6#ixzz19G17NoeR
7.
BREADTH IS
DETERIORATING "As Bob Farrell is clearly
indicating in his work, momentum and market breadth have been lacking.
The number of stocks in the S&P 500 that are making 52-week highs is
declining even though the index continues to make new 52-week highs. "Source: Gluskin-Sheff Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#breadth-is-deteriorating-7#ixzz19G1KZX2Q
8.
VALUATIONS ARE
GETTING RICH "Stocks are overvalued at the present levels. For
December, the Shiller P/E ratio says stocks are now trading at a whopping 22.7
times earnings! In normal economic periods, the Shiller P/E is between 14
and 16 times earnings. Coming out of the bursting of a credit bubble, the
P/E ratio historically is 12. Coming out of a credit bubble of the
magnitude we just had, the P/E should be at single digits." Source: Gluskin-Sheff Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#valuations-are-getting-rich-8#ixzz19G23tGaQ
9.
HOUSING
IS STILL A HUGE THREAT "The potential for a significant down-leg in home
prices is being underestimated. The unsold existing inventory is still
80% above the historical norm, at 3.7 million. And that does not include
the ‘shadow’ foreclosed inventory. According to some superb research
conducted by the Dallas Fed, completing the mean-reversion process would entail
a further 23% decline in real home prices from here. In a near zero
percent inflation environment, that is one massive decline in nominal
terms. Prices may not hit their ultimate bottom until some point in 2015.
"Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#housing-is-still-a-huge-threat-9#ixzz19G2O6qNU
10. FISCAL STRAINS POSE A MAJOR THREAT "Arguably the most
understated, yet significant, issue facing both U.S. economy and U.S. markets
is the escalating fiscal strains at the state and local government levels, particularly
those jurisdictions with uncomfortably high pension liabilities. Have a
look at Alabama town shows the cost of neglecting a pension fund on the front
page of the NYT as well as Chapter 9 weighed in pension woes on page C1 on
WSJ." In the absence of Chapter 9 declarations or dramatic federal
aid, fixing the fiscal problems at lower levels of government is very likely
going to require some radical restraint, perhaps even breaking up existing
contracts for current retirees and tapping tax payers for additional
revenues. The story has some how become lost in all the excitement over
the New Tax Deal cobbled together between the White House and the lame duck
Congress just a few weeks ago." Source: Gluskin-Sheff
Read more: http://www.businessinsider.com/10-reasons-to-be-worried-about-the-stock-market-in-2011-2010-12#fiscal-strains-pose-a-major-threat-10#ixzz19G2gqTZP
THE
STOCK MARKET IS A BUBBLE Corson ‘The stock market is not bubbled up, you
say? Well then, let's take a serious macro macro look at the situation and
raise the matter as a question.How is it that from about 1950 (or 1965 at
least) up to about 1985, the Dow Jones Industrial Average stayed mostly in the
range from about 250 to 1200, when America was growing and doing pretty well on
average, and then, from about 1985 to the year 2000 or so -- a mere fifteen
years -- the Dow shot up to over 10,000, when middle class America realized
almost no income gains in real terms and the economy basically cycled from one
boom and bust cycle to the next?I argue we face one of the biggest bubbles of
all time. Let me explain and lets address the problem by focusing on the DJIA.
Here is what the DJIA has done since 1965. click to enlarge images
What
we observe is the DJIA has gone up about ten fold from 1965 to the year 2000 or
so. But what has industrial production in the US done during that time frame?
Industrial
production has increased to be sure, but only by a factor of three or so. It
certainly has not increased anything like the DJIA. But there is slippage, you
say. To be sure, we now generate more services, the time series data have been
smoothed and more importantly changed, etc., etc. But these explanations simply
don't bridge the gap.
Here is another one that doesn't either.
Back in the early-to-mid 1980s macro economists noted
that the risk premium being paid on equities over bonds was far higher than was
warranted by standard measures of individuals’ attitudes towards risk. In
short, the risk premium agents were being paid more than compensated them for
the risk. This was particularly surprising since over the long run, the risk on
equities was no different than that on bonds. As a result, there appeared to be
an arbitrage opportunity by shifting one’s portfolio from bonds to stocks and
holding the equities for a long time.
Do you believe that? We simply had a financial
epiphany and corrected. More importantly, do you want to believe that or
anything except we are bubbled up?As we know, Japan had this problem with its
stock market and here is what happened. But that can't happen here you say. I
ask, why not?
Even GDP and profits have not caught up with this
market. They too have only increased three and a half fold at best.
(The data in these charts are smoothed to conceal recessions
and ease presentation.)Why is it that we don't have a serious bubble in our
stock market now? Were our valuations all wrong for years on end earlier, or do
we have it wrong now? I think we have a problem and our heads are in the sand… http://www.seekingalpha.com/article/243573-is-the-dow-showing-a-major-stock-market-bubble?source=yahoo
’
Market Snapshot: U.S. stocks face pullback predictions
U.S.
stocks face pullback predictions Sat, 25 Dec 2010
17:00:05 GMT After stocks rise to two-year highs
in the latest week, market analysts say a retreat could be in he...
Connecticut,
California join probe of Ally (Washington Post) [I’d be much more impressed if they initiated a probe of more
readily discernible criminal offenses in violation of the RICO Act http://albertpeia.com Frauds/Liars
(sic-lawyers)Covering Up for Other Frauds/Liars (sic-lawyers). In Productive
Societies as China, Japan, etc., Fraudulent Liars (sic-lawyers) and the
Fraudulent u.s. System They're a Part of Are Unheard Of/Non-existent. List of
Files Regarding Filed Attorney Grievance Against Fraud coan et als Or
Here For A Clearer View Of Filed
Grievance Complaint, Response, Exhibits, and Related RICO Filings Note the Committee of
Frauds/Liars (sic-lawyers). Included are DOJ Rep., State Court Rep., State
Atty. General Office Rep., and even a Vegetable Garden yale law prof who
probably never practiced law in his life. How Pathetic! http://albertpeia.com/fbiofficela91310
] Justice:
FBI improperly opened probes
(Washington Post) [
I just hope they’re as zealous (in probing readily discernible crime) with
regard to my RICO matters and the corruption in the (judicial / legal) process
since, in the final analysis, it will have been the corruption within that will
have brought the nation down irrevocably and totally ] .
9-13-10
Steven M. Martinez,
Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include a copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’)…
The (civil) RICO action (as you’re aware, the
RICO Act is a criminal statute which provides a civil remedy, including treble
damages and attorney fees, as an incentive for private prosecution of said
claims probably owing to the fact that the USDOJ seems somewhat overwhelmed and
in need of such assistance given the seriousness and prevalence of said
violations of law which have a corrupting influence on the process, and which
corruption is pervasive). A grievance complaint against Coan was also filed
concurrently with the subject action and held in abeyance pending resolution of
the action which was illegally dismissed without any supporting law and in
contravention of the Order of The Honorable Robert N. Chatigny, Chief Judge,
USDC, District Connecticut. The files below the horizontal rule are the
referenced documents as filed. (Owing to the damage to the financial interests
of both the U.S. and the District of Congresswoman Roybal-Allard, viz., Los
Angeles, the
Qui Tam provisions of the Federal False Claims Act probably would apply
and I would absent resolution seek to refer the within to a firm with expertise
in that area of the law with which I am not familiar).
The
document in 5 pages under penalty of perjury I was asked to forward to the FBI
office in New Haven is probably the best and most concise summary of the
case RICO
Summary to FBI Under Penalty of Perjury at Their Request (5 pages) [ http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf (
http://albertpeia.com/fbiofficela91310 ) ].
The correspondence I
received from Congresswoman by way of email attachment (apparent but typical
problem with my mail) along with my response thereto is included on the 3 disks
as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred
from said office within approximately a month of said meeting and his location
was not disclosed to me upon inquiry).
The matter was assigned to FBI Agent Ron Barndollar and we remained in
touch for in excess of a decade until he abruptly retired (our last
conversation prior to his retirement related to the case and parenthetically,
Rudy Giuliani whose father I stated had been an enforcer for the mob to which
he registered disbelief and requested I prove it, which I did – he served 12
years in prison, aggravated assault/manslaughter? – and no, there is no Chinese
wall of separation – Andrew Maloney’s the one that prosecuted gotti).
In contradistinction to
the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO
VERIFIED COMPLAINT (see infra). Such includes and as set forth
in the case, inter alia,
- A judgment had been entered in my favor in the
case, United States District Court Case #3:93cv02065(AWT)(USDCJ Alvin
Thompson), worth approximately now in excess of $300,000 remains
unaccounted for and which could be used for payment to creditors, Los
Angeles, etc..
- Counsel Robert Sullivan on my behalf documented
by way of certification upon investigation that Alan Shiff, USBCJ, had
falsely stated a dismissal upon which false statement he predicated a
retaliatory and spurious contempt proceeding against me causing
substantial damage, and for which he sought Judicial Notice of those and
related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice by Alan
Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page
1 Page
2 ]
- Defendant Coan had filed an action against me to
prevent me from suing him which necessitated me to fly to Connecticut for
a hearing before The Honorable Robert N. Chatigny, Chief Judge, USDC,
District of Connecticut, who denied Coan’s requested relief as to Coan but
precluded my action against Shiff (although there is no immunity, judicial
or otherwise, for criminal acts, ie., fraud connected with a case under
Title 11, USC, etc.) . [ transcript
in pertinent part -
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump Barry,
Donald Trump’s sister, was assigned the RICO case despite the conflict of
interest in light of hundreds of thousands of dollars of illegal (drug)
money being laundered through the Trump casinos by the RICO defendants,
and despite my motion to recuse her which motion she heard herself and
denied, and U.S. Trustee Hugh Leonard with whom I met personally refused
to join or file a separate motion to recuse and not long thereafter left
said office for private practice at Cole, Shotz, et als on retainer with
the RICO defendants as his primary client.
- Probative and evidentiary documents, affidavits,
exhibits, including those turned over to FBI Agent Jeff Hayes in Long
Beach, CA, had been given to Assistant U.S. Attorney Jonathan Lacey with
whom I met personally at the U.S. Attorney’s Office in Newark, N.J., at
which time Samuel Alito was U.S. Attorney, and went over said documents
and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is
also corrupt (and maybe corrupt because he is inept). After a reasonable
(but still rather short) time I called to determine the status and was
told that Alito was no longer with the Office of the U.S. Attorney, that
he was (appointed) a federal judge, and that neither the documents nor any
file or record of same could be located. Alito did parley the same /
cover-up into quid pro quo direct lifetime appointment to the Court of
Appeals, 3rd circuit, despite the absence of judicial
experience or successful tenure as U.S. Attorney (Maryanne Trump Barry as
well). This is the same Sam Alito that now sits on the purported highest
court in the land. The real application of the illegal rule ‘don’t ask,
don’t tell’.
There
is applicable insurance / surety coverage and neither LA, nor creditors, nor I
should continue to have been damaged by this brazened corrupt and illegal
scenario, which should be resolved in accordance with the meaningful rules of
law apposite thereto.
Sincerely,
Albert
L. Peia
611
E. 5th Street, #404
Los
Angeles, CA 90013
(213)
******** (cell phone)
(213)
622-3745 (listed land line but there are unresolved problems with the line,
computer connection may be the reason but I hesitate to chance greater
non-performance / worsening by their ‘fix’ so cell phone best for contact).
Part
2: Woodward's 'Obama's Wars' Don't
get 'locked into Vietnam,' Biden warns (Washington Post) [ Yeah,
when you have a lobotomized VP you tend not to trust their opinion; but, I
think they just cover their bases … you know, that Kerryish both sides of all
issues thing. In any event, wobama bought this continued debacle and bears
fault with the other Zionist war mongers. Previously (on Iraq and Afghanistan,
infra): Obama:
'It is time to turn the page' on Iraq war (Washington Post) [ Oh come on! How
patronizing to have wobama spew his b*** s*** which b.s. has become synonomous
with wobama; ‘to give Iraqis the chance to shape their future’… Iraq’s
been destroyed, covered in cancer-causing depleted uranium, america’s defacto
bankrupt, etc. If only teleprompters had a brain of their own. ] He says the U.S. "has paid a
huge price" to give Iraqis the chance to shape their future -- a price
that now includes more than 4,400 U.S. dead.
]On Thanksgiving weekend in 2009, Vice President Biden counsels
President Obama about sending more troops to Afghanistan.
• Full
coverage: 'Obama's Wars'
• Audio:
Obama on length of the war
• Audio:
Obama on attack possibility
• Audio:
Obama on terrorism tactics
A subtler tack to fight Afghan corruption?
(Washington Post) [ How
about a not so subtler tack to fight corruption starting right here in the u.s.
of a. where corruption and crime are pervasive and in fact, at the root of the
Afghanistan problems, from american reinvigorated heroin trade to bribery
attendant thereto to killing civilians, etc..
Defacto
Bankrupt, Meaningfully Lawless, War Criminal Nation america, the leader of
nations … in crime:
Though having but 5% of the world’s population, america can
boast 76% of the world’s serial killers, followed by Europe with England/UK
then Germany leading the way for the eu [excerpt, 6 minute video, Serial
Killers: Real Life Hannibal Lechters http://www.albertpeia.com/realifeamericaserialkillers.mpg (as is consistent with crime generally,
see infra)]. Defacto bankrupt, fraudulent america also spends more on offensive
(defensive a misnomer / propaganda) military spending than all the nations of
the world combined, and by a large margin at that. Do you see a pattern
emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1 |
11,877,218 |
|
|
|
# 2 |
6,523,706 |
|
|
|
# 3 |
6,507,394 |
|
… ]
White House offers israel a carrot for peace
talks (Washington Post) [ Oh
come on! This dog and pony show is getting old fast while america’s dying and
america could in a day precipitate a peace consistent with international law,
prior u.n. resolutions (i.e., 242, 338, etc.), (Oslo) accords, civilized
behavior, etc., despite and in contravention of israel’s militant intransigence,
to stem the hemorrhaging of american blood and treasure for israel’s sake. ]
]
Airstrike probe finds poor coordination
between Pakistan, U.S. (Washington Post) [ Riiiiight! That
coordination thing underlying those unfriendly-fire incidents and civilian
deaths wherever american storm troopers happen to be … Eureka! And all this
while everyone was thinking that the same was just typical americana! ]
U.S.
funds go to Taliban, warlords, report finds (Washington
Post) [ Well, defacto bankrupt america can afford it; after all, how much more
defacto bankrupt can the nation get? Well, then again, despite the headline, a
lot of those hundreds of billions are finding their way back into american
hands, albeit dirty ones, like, for example the 360 tons of hundred dollar
bills flown into Iraq and still unaccounted for, etc.. ]Military has minimal
knowledge of and virtually no control over thousands of Afghans it pays to
guard operating bases, bipartisan report finds.
We Are Looking at Trillion-Dollar Plus Annual Interest Payments
on U.S. Debt Owens Krugman:
We’re Going To Have To Default On Our Debt One Way Or Another Some dour
commentary from Paul Krugman this morning on the implications of our monster
debt. Economists Herald New Great
Depression The world is currently
experiencing the modern day equivalent of the Great Depression, according to a
prominent economist who has added his voice to scores of others now forecasting
ongoing economic doom on a scale not seen since the 1930s.) , and my position
and that of demographer Dent ( Prechter and many others are also in this camp
although I believe he does not factor in sufficiently the debasement of the
u.s. currency / dollar in arriving at his numbers which do however, at 1,000 on
the DOW reflect real, as opposed to inflated values of 3-4,000 owing to the
ever more worthless Weimar dollars which provides ‘spin material’ for the wall
street frauds but is really quite ominous going forward, and very detrimental
in real economic terms.) [This is a global depression. This is a secular bear market in a global
depression. The past up move was a manipulated bull (s***) cycle in a secular
bear market. This has been a typically manipulated bubble as has preceded the
prior crashes with great regularity that the wall street frauds and insiders
commission and sell into. This is a typical wall street churn and earn pass the
hot potato scam / fraud as in prior crashes’. This national decline, economic
and otherwise, will not end until justice is served and the wall street frauds
et als are criminally prosecuted, jailed, fined, and disgorgement imposed.] [ The reason for the
necessity of prosecution is founded in the circumstances surrounding and the
mindset of what one would deem ‘antisocial personalities’ (disorders) ( I
prefer the prior descriptor of such as psychopathic; the euphemistic
‘sociopathic’ was ‘far too understanding’ in my view of the social /
environmental factors allegedly giving rise to such negative / destructive
behaviors. I don’t buy it.) Specifically, accepted studies / findings have concluded
that the essential defect in those with antisocial (psychopathic) personality
disorders is an inability to respond normally to fear-inducing stimuli, leading
in turn to an inability to inhibit responses that should, but, as with wall
street, have not resulted in punishment. Thus, while I think most on wall
street have proven themselves criminally insane (for the money, ie., Stewart,
‘Den of Thieves’ / ‘Liar’s Poker’, the most recent financial debacle / crisis,
which continues to this day); at the least, owing to a lack of fear of
prosecution / punishment, they have become defacto sociopathic / psychopathic. ] Krugman: It's All Downhill From
Here Cullen Roche Love him or hate him
Paul Krugman has been awfully right with regards to the macro picture in the
last few years. He’s one of the rare economists who had the foresight to see
the housing bubble and the likelihood of economic downturn that would result
from it. Krugman recently caused a stir when he said the US economy was headed
for the third depression. Here
Are 13 Signs That We’re Actually In A Depression Right Now Gregory White | David
Rosenberg has outlined, in his latest letter, the 13 reasons with this
so-called recovery is actually a depression… David Rosenberg has outlined, in
his latest letter, the 13 reasons with this so-called recovery is actually a
depression.Rosenberg sums it up like this:
This is what a depression is all about — an economy that 33 months after
a recession begins, with zero policy rates, a stuffed central bank sheet, and a
10% deficit-to-GDP ratio, is still in need of government help for its
sustenance.
Harry Dent, Jr. Economy will be in a
Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and
mid-2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009 instead of
2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010
and 2012). ]
Three
Horrifying Facts About the US Debt “Situation” Phoenix Capital Research | The US Fed is now the second
largest owner of US Treasuries.
Dollar
Tumbles as Fed Prepares to Print More Money Reuters | The Fed may lead the way into more aggressive
quantitative easing, which is seen knocking the dollar lower.
Dollar
set for sharp decline, Goldman forecasts The dollar will embark on a sharp
decline over the next 12 months, Goldman Sachs forecast on Wednesday, as policy
makers in Washington look poised to press the trigger on another round of
printing money.
Sunnis'
walkout mars political talks in Iraq (Washington Post) [ ‘It’s … be…ginning
to look a lot like Christmas, everywhere pervasively corrupt ‘little israel’
defacto bankrupt war criminal nation america goes (to that Christmas tune) …
Nothing like creating the anti-Christian sentiment through failed policy to
keep the war machine greased with money defacto bankrupt america doesn’t really
have (and aren’t the jews / israelis by definition ‘anti-Christ and hence
anti-Christian’) ] One chaotic parliamentary session reflects challenges facing
U.S. efforts to leave behind a stable Iraq with a representative
government. Attack
on Karachi police building kills 18 (Washington Post) About six militants
open fire on a criminal investigations office in the "red zone," a
highly secured area within Pakistan's largest city that houses the provincial
minister's residence and the U.S. Consulate. [Visiting U.S. senators praise Afghan
progress, say drawdown date is unrealistic (Washington Post) [ I’ll
tell you what’s unrealistic: having compromised senators ( ie., non-war-heroe
senile mccain, closet homosexual graham, incompetent zelig zionist lieberman, new
york sinkhole slug Kirsten Gillibrand chided As 'Schumer's (zionist)
Little Girl' ) stay the course with already failed pervasively corrupt,
defacto bankrupt american policy … Paul
Craig Roberts: Government Abandoned Vietnam POWs Kurt
Nimmo |
John McCain worked overtime to make sure Vietnam POWs never came home. I think
the even bigger story vis-à-vis mccain is: http://www.albertpeia.com/heroenot.htm
‘Did you know that that so-called "american heroe" john mccain was
referred to by his fellow pows in Vietnam as something akin to the
"songbird" inasmuch as he was constantly "singing" to his
Viet-Cong captors to curry favor and better treatment? This has been documented
with authority by Colonel David Hackworth. The same violates military
code/protocol (other soldiers have been court-martialed for far less) click Here, Here. [ http://www.albertpeia.com/hackworth.htm
] But, you see, this covered up scenario, compromizing the false facade
of far less than a heroe, is exactly what a criminal (lie of a) nation as
america loves and encourages (get everyone's hands dirty so no-one dares to
rectify same, ie., bush, sr., clinton, bush, jr.). That is, "toe the
(corrupt, propagandized) line", become a criminal, or be exposed,
prosecuted, and/or ruined; and, hasn't anyone asked how "wall street"
has been "spared the spotlight" (and even was accorded protective
legislation from their criminal culpability) and focus of inquiry, attention,
and prosecution despite being the primary beneficiaries financial and otherwise
of these scams (you know the wall street motto, "churn and earn";
huge conflicts of interest if not outright fraud)…’…Oh and they so can afford
it Deficit
panel proposes huge cuts (Washington Post) [ Cuts? I heard the corrupt, incompetent lawmakers were giving
themselves a raise. They actually deserve at least a 10% paycut and abolition
of those lifetime appointments / permanent corrupt bureaucracies. Nothing
succeeds like failure and crime in pervasively corrupt, defacto bankrupt
america! ] Lawmakers propose curbs on Social Security, cuts in spending and tax
hikes if long-term goals aren't met. ]
Afghans march in Kabul to denounce NATO
strikes that killed civilians: Demonstrators shout anti-American slogans,
denounce NATO strikes (Washington Post ) Sounds
like a plan! Almost surreal was the appearance of gates on failed network
‘news’ show to shill the non-strategy of draw down (of troops) linked to
success. What success? Just being there and every day they’re there is
unequivocally abject failure. Celebritology Weekend: Angelina Jolie biography
arrives(Washington Post ) I usually don’t weigh in on
entertainment news, but this headline concerning what appears to be a
disparaging, and quite selectively so, purported biography of Angelina Jolie is
very disheartening when you consider the numerous instances of failed
leadership at nearly all very high levels of government having so detrimental
an impact on the world, that morton deems his time appropriate to an actress
who has actually tried to do good things (U.N., etc.) without having to.
Indeed, even her latest film ‘Salt’ (spectacular by any standard as is her
performance – there are at least 2 winning sequels there with 4 the max and
stretching it owing to age – she puts all, and I mean all the ‘Bonds’ to shame)
had an important message in terms of the damage to this nation by a seemingly
endless, nation-bankrupting, anti-american (war criminal israelis already, and
quite correctly, globally hated) sentiment producing war strategy that is
neither strategy nor reasonably consistent with any positive american goal /
objective; but rather is such a debacle
and folly that the same could very well be one that only an enemy of defacto
bankrupt america could hatch and for the reasoning set forth in the
well-written / directed film. She astutely observed and talked about the
synchronicity of the film as juxtaposed to recent events revealing that she is wiser than most in Washington.
Afghanistan: U.S. and Afghans at odds over Kabul Bank
reform (Washington Post) [ Wow! Given defacto
bankrupt america’s continued and covered-up financial debacle, any Afghan
resistance to the american model / modus operandi is tantamount to ‘proof of
life (rationality)’. ]
Memoir:
Bush debated dropping Cheney (Washington Post) [ More
unequivocal proof that moron dumbya bush couldn’t, like wobama and recent
predecessors, make the right decision even if their presidencies and the
nation’s survival depended on it. Heck uv a job brownie, bushie, cheney,
wobamie, etc…. Keep up those nation bankrupting, attention-diverting wars you
knucklehead war criminals, you. ]
U.S. operations in Kandahar push out Taliban
(Washington Post) [ Break out the
bubbly, victory at last! Riiiiight! Reality … defacto bankrupt american forces
moved in, Taliban moved out. ]
Global
impact of U.S. elections Foreign
Policy: A Plan B for Obama
(Washington Post) [ Plan B? Come
on! … Either he’s on plan z or has no plan at all! ] World
capitals brace for a new political order in Washington, as policymakers and
analysts tried to assess the impact on foreign policy of a new Republican-led
U.S. House. Foreign
Policy: The China election [ China
election? Don’t make me laugh! Almost as big a joke as american elections! (I
realize the article wasn’t about an ‘election’ (hmm … riiiiight) in China per
se, but wanted to make the albeit indirect point.)]
Pentagon's Cyber Command seeks authority to
expand its battlefield (Washington Post) [ Sounds like a backdoor
censorship plan to me. After all, based on actual events and history that
belies their words, isn’t expanding battlefields and perpetual war what they’ve
become all about? The nation’s defacto bankrupt. Afghanistan, as warned here,
an abject failure. Kind of reminds me of that war film (I don’t recall the
name) where at the close of WW2 you see some nazi officers huddled around with
one asking what to do now, with a stern, unequivocal response, ‘prepare for the
next war’. Ridiculous! ]
Russia's Ryabkov on U.S.-Russia relations:
'We can offer tangible results, and we will do more in the future'
(Washington Post) [ Well, I don’t know
about diplomatic relations (one can only hope), but if it’s sexual relations,
what’s not to like … about Russian girls … They’re total babes! Back to the
diplomatic front, I’ve grown a bit partial to the rationality of the Russian
leadership based not solely on what they say (defacto bankrupt america talks
about peace, but directly and through proxies, ie., israel, etc., is war
mongering, war facilitating, war profiteering on multiple fronts and killing
many innocent children, women, and men; and of course my own experience with
american meaningfully lawlessness, infra, etc., ), but what they do (Russia’s engaged in no wars, made the
transition from communism to present without violence, finds time to preserve
‘The Siberian Tiger’, etc., and is not
a hypocrite regarding professing to be a nation of meaningful laws as america
disingenuously purpots to be, etc.) previous:
Wall
Street firm targets District-based energy practice (Washington Post) [ From
one corrupt sinkhole (d.c. / no. virginia) to another, perhaps the largest (
wall street/new york/jersey/ct. metro); ho, hum. The pervasively corrupt american illegal system …
corrupt u.s. courts / (lawyers) / judges: Their lifetime plush appointments should
be abolished, which corrupt entities are unheard of in productive societies as
China, Japan, etc.. Time to abolish these drags on society and eliminate their
lifetime stipends and costly bureaucracies. Rules of law mean nothing to these
typically corrupt americans. Most, including sam alito of the u.s. supreme
court, concerning drug money laundering and obstruction of justice in the
3rd circuit ( also maryanne trump barry who covered-up drug money
laundering through her brother’s casinos in a civil RICO case) should have gone
to or belong in jail. Contrary
to popular belief, they do it for the money, personal money, big, cash,
untraceable money. The fog of war is great for such things (360 tons $100 bills
flown into Iraq and missing, etc.).
[ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation. ] It's
part of a push by law firms to expand their D.C. footprint in an era of
increased regulatory scrutiny.)
A
united goal: Saving the tiger (Washington Post) [
Clearly the wisdom of an historically great leader for the ages,
Vladimir V. Putin should be given great deference in all matters of global
concern. Having evolved from his youthful indiscretion as a novice KGB agent, a
hand dealt to him (by a soviet communist system) more than chosen, he has
reminded the world of the greatness that was, is, and forever will be Russia’s
and His! ] The tale of
the magnificent Siberian tiger, and its unfinished fight for survival, should
be a compelling one for the 500 conservationists and world leaders arriving for
Russian Prime Minister Vladimir V. Putin's tiger summit this weekend.
Where
no man has gone before (Washington Post) [ Geeh! I can almost hear that
Star Trek Theme reverberate in my head, followed by a taste of Zarathustra …
After all, this is 2010 Odd but hardly a Space Odyssey. Indeed, merely
launching rockets is a far cry from Jupiter, and as for the moon; well, they
just didn’t get that done either … though the video was … okay. Launch
of secret US space ship masks even more secret launch of new weapon
The
Militarization of Outer Space: The Pentagon’s “Space Warriors” Global
Research | It’s not as if things aren’t bad enough right here on
planet earth. Now the Defense Department wants to up the stakes with new,
destabilizing weapons systems that will transform low- and high-earth orbit
into another “battlespace.”
buzz
aldrin wants to colonize Mars … Riiiiight buzzed! Better check with DePalma to
see if he already has the footage in the can since you won’t be able to use the
moon footage for the new boondoggle video ...
OBAMA
SPEECH OUTLINES PLANS FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH!
SOUNDS LIKE A PLAN … FOR INNER SPACE (IMAGINATION).
NASA's New Asteroid Mission Could Save the Planet Space.com - - CAPE CANAVERAL, Fla. -
President Barack Obama set a lofty next goal this week for Americans in space:
Visiting an asteroid by 2025. Obama's asteroid goal: tougher, riskier than moon The Associated Press Obama calls for NASA to focus on trips to Mars and beyond Computerworld
New Boondoggle promised to save NASA boondoggle defacto bankrupt budget piece
of pie. And don’t forget, Bruce Willis and Ben Affleck, et als, have
already done this so it’s not as if they’re starting from ‘ground zero’, so to
speak; and Brian DePalma already has ‘Mission to Mars’ in the can, but beware
say the producers of ‘Species II’ since Eve, the cloned daughter of Sill, might
want to mate with astronaut Paddy Ross who has returned from Mars as a space
alien host body.
First fake moonwalker blasts Obama's space plan msnbc.com - -
The first man to pretend to walk on the moon blasted President Barack Obama's
decision to cancel NASA's back-to-the-moon program on Tuesday, saying that not
going with the new movie is “devastating” to america's boondoggle spaced out
effort. Fake dutch 'moon rock' revealed a treasured
piece at the dutch national museum - a supposed moon rock from the first manned
lunar landing - is nothing more than petrified wood, ...bbc news bbc news |
europe | fake dutch 'moon rock' revealed prized moon rock a fake - a piece of
moon rock given to an overseas politician by the united states is actually a
lump of petrified wood, museum authorities revealed yesterday. ... 'Moon rock'
in dutch museum is just petrified wood aug 27, 2009 ... Fake moon rock at dutch
national museum. Rijksmuseum / ap. This rock, supposedly brought back from the
moon by american astronauts, ... http://www.albertpeia.com/moonfraud.htm
In reality it is just a piece of petrified wood ... Another piece of evidence
that shows again that apollo program is indeed a fake and a typical american
fraud!
http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv http://www.albertpeia.com/moonfraud.htm
] SpaceX Falcon 9 rocket launch heralded as successful test of commercial spaceflight.
NATO
strategy alters weapon development (Washington Post) [ What strategy? National bankruptcies? More
unnecessary death and destruction? Yes, I said unnecessary. All this has been
geopolitically counter-productive and contra-indicated ab initio. Change? What
change? Todays headlines: Nato chief says there is no
alternative to staying in Afghanistan Telegraph [
Oooooh! Sounds like a plan! ]| Anders
Fogh Rasmussen said NATO would commit the alliance to train and support Afghan
troops battling the Taliban in substantial numbers through to the 2014 deadline
for local forces to take over security.Britain’s top soldier: al-Qaeda
cannot be beaten SINA.com | Violence across
Afghanistan is at its worst since the Taliban were overthrown by US-backed
Afghan forces nine years ago, with civilian and military casualties at record
levels despite the presence of about 150,000 foreign troops. ]As NATO struggles
to define itself in a post-Cold War world of new threats and tight budgets, the
alliance this week will lay out a vision for itself that is meant to better
reflect the 21st century.
Report: Sharp uptick in Afghan Civilian
casualties (Washington Post) [ Yeah! That progress
thing they’ve been ‘flaunting’; and concomitantly, there’s been a sharp uptick
in the budget deficit … an increase, a plus, so, ergo, ‘progress’ … consistent
with their ‘plan’! Lovely! ]
Petraeus warns Afghans about Karzai's
criticism of U.S. war strategy (Washington Post) [ Riiiiight!
It would be so foolish of them to argue with or question such a
nation-bankrupting / destroying failed strategy (by even his own prior, stated,
unmet standards / criteria.) ]
Afghan
spending faces scrutiny (Washington Post) Wow! Talk about a
little bit late for that. Oh, right … they were busy spending money the nation
doesn’t have on other things. Congress
extends war funding for Afghanistan Baltimore
Co. Independent Examiner | Congress
voted to extend funding for the war in Afghanistan by an additional $59 billion
late on Tuesday. Disappearing
Act: $8.7 Billion of Iraq Development Money Missing Kurt Nimmo | Government says it is all the
fault of shoddy accounting practices. 3
U.S. troops die in Afghan war's deadliest month (Washington
Post 7-30-10) World News Digest: a Worth it?
4 U.S. troops die in bomb blast in south
Afghanistan (AP, July 24, 2010) ‘There will be
blood’ … whoops, that’s oil, wrong movie theme. This one’s about heroin
trade. 2 More Americans killed in copter crash in
Afghanistan (AP) Not so much, unless they rename Tony Montana, to To
Mon el Swahili and recut ‘Scarface’ to reflect an Aghanistan Heroin connection,
or similarly change ‘Hurt Locker’. It’s a good thing for the military that IQ
tests aren’t required. Three
U.S. Embassy guards killed in rocket attack in Baghdad's Green Zone
(Washington Post) Big yes there since ‘The Green Zone’ got Hollywood movie
status. Bomb
near Iraq mosque kills 15; U.S. soldier dies in road blast
(Washington Post, July 22, 2010) But guess what … none of that’s worth it; even
for volunteer soldiers whose suicide rate is unprecedented owing to this
pointless, meaningless conflagration for the sake of the military industrial
complex and the enrichment of the few; and, to which Pat Tillman was to attest
which got him fragged.
Obama reminds veterans he's beginning war's end (Washington Post) Sounds like a plan! I mean,
after all you must have a beginning before you have an end. Yeah, there’s a
certain ineluctable logic to that; a certain ‘ring’ to it! Like full circuit
‘b*** s***!
Karzai
officials on CIA payroll (Washington Post)
[Riiiiight! The roster of allies … love of america breakin’ out all over
the region … boy oh boy … talk about creating your own boondoggles … well, they
can afford it. After all, it’s only taxpayer money and america’s already
defacto bankrupt. Then again, they have the requisite licenses; viz., to kill,
to steal, to distribute illegal drugs, etc.. Whew! Glad they didn’t act without
the requisite licensure.]
Drudgereport: WASHPOST TAKES ON THE SPOOKS:
Hidden world, growing beyond control...
854,000 people have top-secret
security clearance...
You really have to laud The Washington Post for this investigative brilliance
which whether people appreciate it or not, requires great corporate and
personal courageNSA
Has Gotten So Big, Area Around It Has 112 Acres Of Parking Spaces
N.Korean
attack leaves U.S. with few options
( Washington Post ) [ I’d be
very concerned about the contrived nature of the incident as set forth by
infowars.com / prisonplanet.com as follows: Korean
War Crisis: Brought To You By Uncle Sam Despite the fact that South Korea admits
it fired the first shots that prompted the North to retaliate, the vast
majority of the establishment press are feverishly blaming North Korea for a
new escalation in the crisis, while failing completely to acknowledge the fact
that the whole fiasco was generated as a direct result of Uncle Sam’s policy
through two separate administrations to ensure hereditary dictator Kim Jong-Il
and his successors acquired the atom bomb.
North
Korea Attack Part Of RAND Plan For Total War? The exchange of artillery
fire between North and South Korea, which the North says was started by South
Korea firing shells during a military drill, could act as the catalyst for a
huge new conflict that the RAND Corporation has been lobbying for over the past
two years. ] North Korea's artillery attack on a South Korean island Tuesday,
coupled with its choreographed rollout of a new nuclear program, has presents
the U.S. with a massive strategic challenge.
Photos:
Artillery fire exchanged
U.S.
deployment sends a message to China ( Washington Post ) [
And what message is that , pray tell … I’d say they’ve gotten the
message and here’s the first installment of a reply to the multi-front
contrived war / war mongering / pervasively corrupt, defacto bankrupt nation
america … Drudgereport: CHINA, RUSSIA QUIT DOLLAR
… Previous: N.Korean
attack leaves U.S. with few options
I’d be very concerned about the contrived nature of the incident as set
forth by infowars.com / prisonplanet.com
as follows: Korean
War Crisis: Brought To You By Uncle Sam Despite the fact that South Korea
admits it fired the first shots that prompted the North to retaliate, the vast
majority of the establishment press are feverishly blaming North Korea for a
new escalation in the crisis, while failing completely to acknowledge the fact
that the whole fiasco was generated as a direct result of Uncle Sam’s policy
through two separate administrations to ensure hereditary dictator Kim Jong-Il
and his successors acquired the atom bomb.
North
Korea Attack Part Of RAND Plan For Total War? The exchange of artillery
fire between North and South Korea, which the North says was started by South
Korea firing shells during a military drill, could act as the catalyst for a
huge new conflict that the RAND Corporation has been lobbying for over the past
two years. ] North Korea's artillery attack on a South Korean island Tuesday,
coupled with its choreographed rollout of a new nuclear program, has presents
the U.S. with a massive strategic challenge.
Photos:
Artillery fire exchanged In sending
the aircraft carrier USS George Washington to the Yellow Sea, the Obama
administration says it is putting on a show of U.S. support for South
Korea. Poll:
How should U.S. proceed? Few
good options for U.S.
Obama marks Veterans Day with a warning to
North Korea (Washington Post) [
There’s a new expression goin’ round in the realm of global diplomatic
discourse to supplant the censored ‘go f*** yourself’. It is, ‘go warn
yourself’. I mean, after all, what nation’s been invading nations causing
destruction and death of innocent lives based on lies, committing war crimes,
precipitating financial crises through ubiquitous fraud, etc.. Yes, pervasively
corrupt, defacto bankrupt, war criminal nation america, ‘go warn yourself’! ]
Little-confidence
vote Milbank: Pelosi
won her minority leader bid, but it was hardly a victory (Washington Post) [ I
disagree! This was ‘victory american style’ because nothing succeeds like
failure (and crime and corruption) in america. They’re still doin’ the wars
though bankrupt, still no prosecutions of wall street frauds, and on and on
with the typical b*** s***! ]
WikiLeaks founder could be charged under
Espionage Act (Washington Post) [
Drudgereport: Interpol issues
wanted notice for Julian Assange [ They just can’t take the truth! ] ...
US cuts access to files [
Think about it. Really think about it. Their policies are in the tank, along
with the nation and the rest of this world as a consequence. Don’t those so
detrimentally affected (everyone) have a right to know? I think in light of the
global frauds, contrived perpetual wars though defacto bankruptcy of this and
other nations, pervasive corruption and crime, failed policies domestically and
geo-politically while serving the very parochial interests of the
self-interested few, the answer is an unequivocal, YES! I believe that world
history will write Mr. Assange as a hero in the truest sense. He should be
given a medal; and, certainly, since mr. b*** s*** wobama undeservingly got a
‘nobel peace prize’ (what he does, not what he says, ie., Afghanistan, etc.),
who more than Julian Assange is deserving of that and more? Cover-up /
propaganda … thy name is fallen america.]...
WIKILECTURE: 'HILLARY SHOULD
RESIGN' ‘…Hillary Clinton, Julian Assange said, "should resign."
Speaking over Skype from an undisclosed location on Tuesday, the WikiLeaks
founder was replying to a question by TIME managing editor Richard Stengel over
the diplomatic-cable dump that Assange's organization loosed on the world this
past weekend. Stengel had said the U.S. Secretary of State was looking like
"the fall guy" in the ensuing controversy, and had asked whether her
firing or resignation was an outcome that Assange wanted. "I don't think
it would make much of a difference either way," Assange said. "But
she should resign if it can be shown that she was responsible for ordering U.S.
diplomatic figures to engage in espionage in the United Nations, in violation
of the international covenants to which the U.S. has signed up. Yes, she should
resign over that."…’
CITY ON EDGE: Cash-Strapped
Newark, new jersey Forced To Lay Off 14% Of Police Force... [ From decades old
(1978-1985) direct personal experience with newark, n.j., the police are the
absolute last cuts that can be afforded to be made. Indeed, while walking
through Military Park (a sliver of a “park” - more a pedestrian
thoroughfare/cement walks) in newark, new jersey on the way to the bank during
lunch hour, I heard the clearly audible screams/cries of what turned out to be
an old lady on the ground with blood streaming from her mouth. I ran toward the
sound of the cries, the source of which I could not see because there were so
many people in and about this thoroughfare so as to block any vision of the
source of the cries. When I came to the woman, on the ground, blood streaming
from her mouth, I asked what happened, to which she responded she had been hit
in the mouth and knocked to the ground, her purse stolen/put inside her
shopping bag, and she pointed out the criminal casually now walking across the
main street. Nobody stopped to help her, many having passed her by. I slammed
the thug to the ground so hard that, in light of all the blood and confusion
(limbic system / adrenalin flow) I thought I had been stabbed (the blood was
from his elbows hitting the pavement so hard - no one helped / a crowd gathered
/ an undercover cop happened along). When I testified at the Grand Jury
Proceeding I made sure his threat on my life was set forth in prima facie
fashion so as to maximize the DA’s position with both felonies ( he went to
prison – pled out ). The other case I wrote about here ( This was included on
my website in the Psychology discussion of ‘bystander effect’ / diffusion of
responsibility. ) - Having had occasion to have run down a mugger in newark,
n.j. who apparent had followed a girl from the bank on her way to the bursar to
pay tuition, though in pretty good shape, I was astounded by how totally
exhausting such a pursuit was, how much like rubber my arms were when I traded
punches with the perpetrator, and truth be told, if I had a flashlight on my
belt, I have little doubt that I would have probably used it to subdue the
perp. The girl was not that seriously injured, did get her pocketbook and
tuition back, and the criminal went to jail. The other thing about such a
pursuit that amazed me was that no one else assisted the girl or me despite
being in a position to do so). (Other newark / new jersey and new york, n.y.
metro, viz., ie., connecticut, and of course, d.c., d.c. metro, viz., ie.,
virginia experience … corrupt federal judges as maryanne trump barry, sam
alito, shiff, matz (california), hall, underhill, dorsey, etc.. Defacto
bankrupt america’s so-called system is pervasively corrupt and broken (AP) Abolish the corrupt, costly, economically
wasteful lifetime extravagantly appointed federal courts - see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) ]
]
WikiLeaks
founder could be charged by Feds
(Washington Post) [ He deserves a medal! I think they should start prosecuting american war criminals, frauds
on wall street, $12 billion $100 bills flown into and missing in Iraq, RICO litigation http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm .
Wall
Street Is Laundering Drug Money And Getting Away With It Zach
Carter, … etc. … Drudgereport:
CLASSIFIED NO MORE: USA RACES
TO LIMIT WIKILEAKS DAMAGE [Publishing
the Wikileaks is the right thing to do; after all, one cannot possibly look to
even one rationally correct strategy, domestically, globally, geopolitically
that would justify continued hiding/cover-up of the failed strategies, their
genesis, flawed rationale, etc., which has cost this nation and the world
dearly] ...
WIKILEAKS: We've been hit
with 'mass distributed denial of service attack'...
MOST EMBARRASSING, DAMAGING
DISCLOSURE IN DECADES...
SENATORS: PROSECUTE THE
LEAKERS!
NYT
EXPLAINS: THE DECISION TO PUBLISH … [The NYT clearly did the right thing to
publish; after all, one cannot possibly look to even one rationally correct
strategy, domestically, globally, geopolitically that would justify continued
hiding/cover-up of the failed strategies, their genesis, flawed rationale,
etc., which has cost this nation and the world dearly]...
SKorea
says sound of artillery heard on island...
US,
SKorea start major naval drills...
China
issues warning...
DHS
SEIZES DOMAIN NAMES...
EU
Debt Crisis Escalates...
6
American soldiers killed in Afghanistan...
Next Debt
Crisis 'May Start in Washington'...
WIKILEAKS
TURNS ON OBAMA! … [ Like who hasn’t, and for good reason! Publishing
the Wikileaks is the right thing to do; after all, one cannot possibly look to
even one rationally correct strategy, domestically, globally, geopolitically
that would justify continued hiding/cover-up of the failed strategies, their
genesis, flawed rationale, etc., which has cost this nation and the world
dearly] ]
] Authorities are
investigating whether Julian Assange violated criminal laws, including possible
charges under the Espionage Act, sources say.
Afghanistan: Gates: Progress has
'exceeded my expectations' (Post, December 8,
2010; 5:53 PM)
U.S. hurting peace chances by giving up on
israeli settlement freeze, analysts say (Post,
December 8, 2010; 11:00 PM)
In South Korea, Joint Chiefs chairman scolds
China for its 'tacit approval' of North's aggression (Post,
December 8, 2010; 11:01 PM)
Iran talks end with little sign of progress
(Post, December 8, 2010; 1:04 AM)
Rice, on 'The View,' defends Obama on
WikiLeaks (Post, December 8, 2010; 1:00 AM) (Washington
Post) [ The problems in all these regions are inextricably tied to the nation
with insurmountable problems of its own and own making. That nation quite obviously is pervasively
corrupt, meaningfully lawless, defacto bankrupt america (along with such
comparable enablers / allies as zionist israel, nato, etc.. How can anyone
believe anything they say, least of all gates who hails from
C(ottage)I(ndustries of)A(merica) based on lies, chaos, and conflict.]
Clinton pushes for economic and political
reforms in tour of Middle East (Post, January 13,
2011) Clinton
expresses solidarity with Arabs on Mideast tour
(Post, January 13, 2011; 4:05 PM) Diehl: Mideast
threats that can't be ignored (Washington Post) [ Amazing what not running
for prospective office can do for balanced thinking, but still not quite. After
all, who doesn’t know outside of america / israel that the biggest Mideast
threats are … america / israel and those nato allies that are but lapdogs of
the former. Moreover, some real scrutiny of and self-analysis by the aforesaid
is in order before purporting to be advisors to any nation at all. ]
Contours
of a large and lasting American presence in Iraq starting to take shape
(Washington Post) [ Wow! Sounds
like a plan … though hardly embraced by all; viz; the vast majorities in Iraq,
Afghanistan, and defacto bankrupt america are against this with dire
prospective consequences to follow. U.S.
Promises to be in Afghanistan Beyond 2014 [ Defacto bankrupt america can
afford it! Riiiiight! Sounds like a plan … for enhanced heroin production, war
profiteering, etc., benefiting the few to the detriment of the many. ]New
York Times | Biden met with Karzai and promised a lasting American
commitment to the country well beyond 2014, when NATO forces are scheduled to
turn over security of the nation to Afghan forces. ]
Concerns rise over Afghan forces
(Washington Post) [ Well, to their credit, at least the Afghans purport to know
how to count which of course is something lost on defacto bankrupt america and
so-called ‘coalition’ members. After all, there will come a time when this
military apparatus will say, pay / feed me, at which point the reply will be,
with what, at which point, obfuscated or not, all hell breaks loose. ]
Watchdog
over Afghan reconstruction resigns (Washington Post) [ Wow! Sounds like he
really meant business … which also meant, congress ‘hearing footsteps’ so to
speak, that he had to go. After all, applying a stringent standard that
promises to do something about fraud and corruption is a standard that would
threaten the entire u.s. government … all three branches. ] Arnold Fields, the head of the office charged
with investigating corruption in the multibillion-dollar effort to rebuild
Afghanistan has resigned, the White House said, following congressional demands
that he be replaced.
Communications
lay bare Afghan corruption
(Washington Post) [ Corruption?
The same, along with the american re-invigorated heroin trade there go hand in hand. There were no illusions
concerning karzai and brother’s ties to same and the cia and the same also the
very reason for choosing him. ‘Tens of millions of dollars are carried out of Afghanistan
each month, with no telling how much is illicit. The country's dominant money
exchange caters to "narco-traffickers, insurgents, and criminals"
also known as the cia and friends. Come on! Wake up! You’re paying for this and
their enrichment. These revelations confirm the obvious.] WikiLeaks disclosures
provide new details showing how corruption has undermined progress in a country
that is in many ways a 9-year-old project in U.S. nation-(destruction,
including defacto bankrupt america) building. Leaks
reveal frustration with Karzai Inquiry:
Troop killed aid worker
Concerns
over European defense cuts (Washington Post) [ At some point, rationality
must overcome irrationality; if only necessity being the mother of this
new-found invention (rationality). Interestingly, there was a blip on
television news from a NATO rep talking up the technological / military
superiority of NATO relative to Russia (without whose technological prowess
that space station and crew would literally be lost in space). So take that,
literally … and make the cuts (rational). ] European policymakers say the cuts
are necessary given their financial straits, and that training, not sheer
numbers, is what matters in a post-Cold War world.
Helmand's
refugees disheartened by troops (Washington Post) [ ‘Gauge of success?’ Come on! What success
can be had? Greater defacto bankruptcies for the nato coalition members? More
death and destruction? Even if it were not true (that they are to blame) though
I believe it is, the u.s. / brits / nato will be blamed for even unimprovable
scenarios beyond their scope and control where even pyhric victories are not in
the cards (though that’s all they could possibly have hope for). Indeed, a
geopolitical misstep of monumental proportion for the u.s., Britain, et als.
Then there the u.s. initiated resurgeance of the poppy / heroin production /
trade … their raison d’etre. ] The arid province will be an important gauge
of success in the U.S.-led strategy against the Taliban. But refugees offer a
bleak assessment, blaming insecurity in Afghanistan on the presence of U.S. and
British troops.
How China branded Nobel winner Liu Xiaobo a
traitor (Washington Post) [
I am staunchly anti-communism. That said, it is also true that I’m also
against what pervasively corrupt, meaningfully lawless, defacto bankrupt
america has become; most certainly not a thriving democracy. Though america’s
suppression of speech, cover-ups, etc. ( see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ),
are arguably less direct, indirect, circumlocuted, obfuscated, etc., the
same is very real and one may say the communist Chinese have in essence taken a
page out of america’s playbook. ]
Moscow's
unprecedented military deal (Washington Post) [ France should be praised
inasmuch as a strong Russia, and conversely, a weak perpetual war, war
mongering, war crimes, pervasively corrupt nation, america is optimal for world
peace! ]
(12-26-10)
I’m constrained to eat crow here, inasmuch as I’ve previously had negative
things to say regarding Time Warner Cable. But, so as not to be one of those do
as I say, but not as I do hypocrites, I must state for the record here that
Time Warner Cable internet is far superior to the att-based DSL, and that att
can’t-do-thing means I’ll be canceling my (jersey / now dumbya bushie land) att
land line (done 12-27-10, along with DSL) which wasn’t fully functional anyway
but had kept same for the listing, and for internet connection which ultimately
required DSL and failed at that.
(12-23-10) MY INTERNET CONNECTION IS DOWN AGAIN AND OF COURSE, I
WILL HAVE MORE TO SAY ABOUT THE PERVASIVELY CORRUPT, DEFACTO BANKRUPT AMERICAN
SCUMBAGS SHORTLY! They will be sorry they did this … I won’t forget it!
(12-22-10) MY INTERNET CONNECTION IS DOWN SO I’M USING A LOCAL
WORKSTATION COMPUTER AND WILL HAVE MORE TO SAY ABOUT THE PERVASIVELY CORRUPT,
DEFACTO BANKRUPT AMERICAN SCUMBAGS SHORTLY! They will be sorry they did this …
I won’t forget!
Russia: Putin warns of arms buildup
(Washington Post) [ Drudgereport: RESET: PUTIN CRITICIZES USA
OVER WIKILEAKS … Putin deserves the
greatest deference in matters of global concern in light of his greater
rationality; america’s self-serving accusations are merely envy and projection
/ displacement (in psychoanalytic terms) of america’s pervasively corrupt,
criminal, broken system which is a far cry in reality from defacto bankrupt
america’s propaganda... ]
Foreign-policy
setbacks deepen Obama's election wounds (Washington
Post) [ Wobama’s woes are a direct consequence of his perception as being a
teleprompted b*** s*** artist who despite flowery rhetoric, has failed to
deliver. Results count! What you do, not what you say, counts! ] Presidents have often turned to
foreign policy after domestic setbacks - from Ronald Reagan's Latin American
tour and speech calling the Soviet Union the "focus of evil in the modern
world"[if Reagan was alive he’d be eatin’ plenty of crow since america’s
the world’s biggest evil (with a little help from friends, ie., israel, etc.)
with illegal wars, war crimes, torture, financial frauds of global reach,
pervasive corruption in all governmental / judicial processes, etc.] in the months after his party's 1982
congressional losses to Bill Clinton's escape to Indonesia and the Phi...
The following youtube video is well worth the look and
explains how and why the frauds on wall street have gotten away with their
devastating fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ex-Justice
official quit over the handling of a voter intimidation case against the New
Black Panther Party accused his former employer of instructing attorneys in the
civil rights division to ignore cases that involve black defendants and white
victims US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Obama broke promises ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored ‘The Obama Deception’ has
been censored In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
For
the Same Reason I’ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Who’s Barry Soetoro, wobama? Get your very own BARRY
SOETORO T-Shirt and ask the question, "Where is the Birth
Certificate?". The REAL name of President Barack Obama is BARRY SOETORO so get a t-shirt with a
picture of him on the front and the question, "Where is the Birth
Certificate?". http://infowars-shop.stores.yahoo.net/basot.html Obama’s
Comeback Strategy: Appearing On “The View” Now we know how the President will turn his flagging political
fortunes around… [More b*** s***!].
Is Obama a Marxist? He Works
for the Bankers Glenn Beck, the Fox News talking heads, and no
shortage of Tea Party activists like to characterize Barry Obama as a Marxist.
Poll: Waning
support for Obama on wars usa
today | Support for Obama’s wars fell to 36%, down from 48% in a
February poll.
President
Obama’s Real Name “Barry Soetoro” Tops Google Trends Yet another search
term announced during the Alex Jones Show, “Barry Soetoro” has topped Google
Trends’ hot searches, and that means a boost to exposing important keys to
President Obama’s true history. The #1 search trend corresponds with a visit to
Austin, Texas today from President Barack Obama, a.k.a. Barry Soetoro.
Barry
Soetoro AKA Barack Obama’s Political Dynasty Crashes And Burns While Barry
Soetoro’s family lavish themselves at a luxury Spanish resort amidst deepening
economic turmoil, back home Obama’s political dynasty crashes and burns as his
approval ratings plunge to a record low of 41 per cent with less than a few
months to go before the October midterm elections.
The
Fraud Of Barry Soetoro (a.k.a. Barack Hussein Obama) (Feb. 24 ...
February 11, 2009
’Dear Senators and Congressmen:
Thank you for taking the time to review the documentation relevant to the
Constitutional legitimacy of the presidency Barack Obama. There have been
various problems with the vetting of Mr. Obama throughout the campaign and the
present. I’d like to take the opportunity to highlight the most pertinent
and alarming issues that have been clearly revealed. I’m sure you will
agree that this information must be further investigated promptly before any
damage is done to the United States and its citizens beyond the Constitutional
compromises that currently exist. Most interesting, though, is the
fact that Mr. Obama has not simply ordered the original vault copy of his birth
certificate to be sealed and chosen to retain three (3) law firms to defend the
various cases spending a reported $800,000 (of whose money?). If Mr.
Obama has nothing to hide, then why fight the more than 42 cases in
federal courts alone (according to Justia) and similar number in state courts
of which the merits are well-founded and substantiated through factual
evidence, state and federal statutes, and international laws? Main issue is
that the state of HI, according to statue 338 allows Foreign born children of Hawaiian residents to obtain Hawaiian birth certificates and obtain them based
on a statement of one relative only. There is plenty
of evidence of Mr. Obama being born in Kenya and obtaining his Hawaiian birth
certificate based on a statement of his grandparent only, who simply didn’t
want to deal with immigration and not based on any records from any hospitals. Extensive
searches in the State of Hawaii showed no birthing records for his mother
[Stanley] Ann Dunham in any hospital in Hawaii. … I request all of this information to
be forwarded to the Senate Armed Services Committee, Senate Finance Committee,
Senate Judicial Committee, Mr. Steven Whitlock, director of the whistle blower
office of the IRS, ICE, State Department, and FBI for further investigation.
Respectfully submitted,
Dr. Orly Taitz, Esq.’
Did Google Block “Barry
Soetoro” Search Term? Screenshots obtained by a Prison Planet reader suggest
that Google may have moved to de-list “Barry Soetoro” as a popular search term
shortly after it rose to the top of the Google Trends charts after yesterday’s
effort by radio talk show host Alex Jones to focus attention on Barack Obama’s
real name.
Iran
struggling to contain computer virus (Washington Post) Iran suspects that a
foreign organization or nation designed the "Stuxnet" computer worm.
[ Look westward (plus israel) , but not homeward, Angel … Riiiiight! Riiiiight!
Riiiiight! Stuxnet
False Flag Launched For Web Takeover Israel and the United States have
emerged as the prime suspects behind the Stuxnet worm attack, which has
infected the Iranian nuclear plant at Bushehr, following the discovery that a
“wealthy group or nation” must have been responsible for the malware
assault. Drudgereport: WORM HITS IRAN NUKE PLANT... ...new versions of virus
spreading Pentagon silent... ]
'We
need to trust each other' (Washington Post ) [ Yeah! That’s leader of nations Turkey ‘talking turkey’ while
the israelis, with a plethora of illegal nukes, casually as if by some
unbenounced entitlement, say that they won’t sign the Non-proliferation Treaty
because it’s not in their interest to do so. You can’t make this stuff up; yet,
there’s bewilderment as to why the u.s., mid-east, and world are in such a
deplorable and chaotic state. ]A23 (Post)
...with the United States, Israel and Iran.
Excerpts: Q...is also party to the Non-Proliferation...
Bush's
fantasy world (Washington Post) [
I’m frankly surprised to see cohen bite the hand that feeds zionists(
ie., dumbya bush, et als). After all, I’ve never seen cohen not like a pro
israel policy, regardless of the cost
to this nation in blood, sweat, tears, and geopolitical and general decline,
particulary economic / financial; nor like a pro-american policy that
negatively impacts israel. I think america particularly, and the rest of the
world has sacrificed enough for the greedy, blood-thirsty, lawless israelis. ] Cohen: WikiLeaks shows the unreality of a presidential
memoir. Jeffrey
Smith: Fighting
leaks
Palestinians
counter israeli offer on settlements (Washington Post) [ The Palestinians, unlike the lawless israelis are
cognizant of u.n. resolutions, prior accords, international law, etc., in their
proposal. ]
Israeli
prime minister offers conditional settlements freeze (Washington Post )
[ Déjà vu all over again? Now why is there a familiar ring to this story
… maybe ‘cause of the ‘been there done that ‘ reality. It’s really quite
incredible since israel’s in violation of u.n. resolutions (242, 338, etc.),
international law, nuclear proliferation treaty, a drain on the the u.s.
globally / domestically, etc.. The u.s. / international community should impose
a resolution. ]
Arab
League backs Palestinian refusal on talks unless Israel halts West Bank
settlements (Washington Post) [ Lots of
backslappin’ in israel mission accomplished … yeah, another fine mess they’ve
gotten the world into … another set of peace talks down the drain, again
sabotaged by the israelis … not that the israelis had anything in mind other
than literally … to talk … out of both sides of the mouths. ]
Israel
plans housing in East Jerusalem (Washington Post) [netanayahu ‘cause everyone knows nuclear
israel is greatest danger to world Jerusalem Post PM heckled repeatedly by activists at New Orleans GA
protesting West Bank "occupation" and plans for loyalty oath. Israel
is the greatest threat to the world, and its nuclear program must be stopped,
Prime Minister ... US 'Deeply Disappointed'
but committed to impotence by israel's Building Plan for East Jerusalem
Voice of
America Israel permits new settlement homes Aljazeera.net ] The move will likely complicate pm
netanayahu's current visit to the United States for talks about reviving
stalled peace negotiations with the Palestinians.
Israel: Defining 'Jewish state': For
many, term has different meanings (Washington Post) [
Well ain’t that the truth! As per Forrestal’s warning (infra), it meant new
york, pennsylvania, and California … for the greedy zionist israelis it means
anything they want it to mean, borders, laws, u.n. resolutions, civilized
behavior, etc., be damned! ]
Clinton
wraps up Israeli, Palestinian talks - for now (Washington
Post) [ That’s a wrap (Hollywood speak), or just a lot of crap (reality). Well
some celluloid facetime (hill, I said celluloid, not cellulite), appearance of
doing something (not). U.S.
urges Arab states to drop israel nuclear treaty demand Reuters Oooooh! Wow! Sounds like a plan! … For world
conflagration … Another step toward nuclear prone middle east … israel should
be exempt because ….. ‘US –
Israel’s partner in crime, not a referee’ … You really can’t make this stuff up; the preposterous s***
coming out of america! ]The U.S. envoy to the UN atomic watchdog urged Arab
states to withdraw a resolution calling on Israel to sign an anti-nuclear arms
treaty, warning it would send a negative signal to Middle East peace
talks. Israelis,
Palestinians already broaching tough topics in talks, envoy says (Washington
Post) ‘US –
Israel’s partner in crime, not a referee’ (Infowars.com) Israeli and Palestinian leaders are holding a new
round of direct talks. Bombshell:
Barack Obama conclusively outed as CIA creation Wayne Madsen |
Investigative journalist Wayne Madsen has discovered CIA files that document
the agency’s connections to the lives of Barack Obama and his mother, father,
grandmother, and stepfather. ]
RAMALLAH, WEST BANK - Secretary of State Hillary Rodham Clinton on Thursday
wrapped up three days of intense Middle East diplomacy that produced good
atmospherics but no sign that an impasse over Israeli settlement construction
has been resolved. (Alex Brandon - AP)
The
unlikely face of Egypt's protesters (Washington Post) [ Unlikely? … I don’t think so in light of the
strength and prevalence of the ‘anyone but mubarak (and his)’ sentiment. ]
Mohamed ElBaradei, the Nobel Prize-winning former United Nations
bureaucrat, has emerged this week as an improbable revolutionary, clamoring for
the overthrow of Egypt's President Hosni Mubarak.
Iran's
Khamenei says uprisings represent 'defeat' for U.S. (Washington Post) [
No matter how you slice it, dice it, or
euphemise about it, these are indeed substantial, irrevocable losses for the
u.s.; but importantly, of america’s own making; self-defeat if you will,
compounded by a slew of bad choices. Sadly, Ayatollah Ali Khamenei is
quite correct when he states: "The Israelis and the U.S. are
more concerned about what would happen to their interests in a post-Mubarak
regime." … and further, ‘He also accused the United States of propping up
corrupt leaders in the region to protect its interests and those of its ally israel.’
Unfortunately, as has become chrystal clear from america’s perpetual war in the
region, the people have invariably figured last in america/israel’s unbalanced
equations. ]
Spreading
unrest raises pressure on Mubarak (Washington Post) An array of new
developments turned against President Hosni Mubarak on Wednesday as Egypt moved
closer to a full rupture between its autocratic government and a growing
popular rebellion. [ Do not talk about
ruptures in the presence of Pharhosni Mubarak he chides the Washington Post! After
all, at 82 years old and 30 years in power, hernias are known to quite easily
happen… Previous: Free
elections still distant prospect for Egypt Activists
express doubts about feasibility of September ballot (Washington Post) ["I'm shocked by what
the Americans say - that Mubarak must stay as president so we can prepare for
new elections,'' said Negad El Borai, a human rights advocate and lawyer in
Cairo. "Mubarak must leave, and then we can talk." … Truth be told,
I’m not shocked. Indeed, though this is only marginally what america / israel
wanted, this will stick to america / israel like glue; that proverbial
albatross; that lose, lose scenario for america in the region. Previous: Egypt protests continue as Mubarak's
government offers concessions (Washington Post) [ Come on! Let not
all of us join america’s / israel’s, et als, and mubarak’s delusions. After all, here’s an 82 year old tyrant, in
power for 30 years, yet in some parallel universe appears to think he’s calling
the shots. Other than literal and quite foolish shots against protesters, even
journalists, see infra, there are few indeed that would trust his mindset, such
as it is, much less his judgment, so flawed as he has now shown it to be. What
is obvious is that this long overdue ‘people’s election’ cannot be thwarted by
platitudes and small talk, but resisting the inevitable will turn an american
quasi-ally into an anti-american breeding ground because there’s just no
reconciling a pro-mubarak, however slight, position with american / israeli, et
als war crimes in the region. Restless
Cairo protesters hoping for U.S. support (Washington Post) [ The sad
reality here is, much like wobama’s Afghanistan fiasco, that america has
‘bought it’. This is truly yet another ‘loss, loss’ scenario as is true of
america’s mideast policy generally. Defacto bankrupt america’s initiatives in
the region particularly, though generally true of all american policy, is the
‘square pegs in round holes’ approach to almost everything they do, which
certainly is not lost on the rest of the world. Coddling and caving in to
israeli / neocon / zionist paranoia despite the war mongering intransigence of
the former is devastating to a nation as pervasively corrupt america which is
facing insurmountable domestic problems of its own, economically, financially,
politically, and geo-politically. This should bring to mind the missteps of a
former fading empire in this same region desperately trying to remain relevant.
Indeed, from Balfour’s Despoliation to arbitrary boundaries, etc., Orwellian
britain’s demise (decline) as a real player globally was, as america’s
currently, significantly and irrevocably hastened. Quite simply, pervasively
corrupt, defacto bankrupt america will increasingly be viewed as a bunch
of ‘muck-ups’ who can’t handle their
own substantial problems much less those of other nations; and in fact,
invariably exacerbate existing conditions / problems, particularly when
pandering to israel’s self-interested concerns. ] While the ouster of President
Hosni Mubarak remains the most pressing concern for protesters, the role of
U.S. is far from absent in the dialogue. { Previous: Amid Arab protests, U.S. influence has waned
(Washington Post) [ And that’s just the way israel likes it … and to america’s
detriment, of course … which is not lost on even George Soros … Drudgereport: Soros: 'The main stumbling
block is Israel'...
Egyptian
protesters plan new push Government
detains foreigners, says it's willing to open talks (Washington Post) [ Open talks? ‘bout what?
Building a pyramid in mubarak’s honor before stepping down? He’s done … finito
… burnt as an over-micro-waved burrito! The following from the Post is indeed
the straw that broke the riders with whips he sent on camels’ and horses’
backs! ‘Wants to die in Egypt? How
touching, or the reality, he’s just plain touched as in totally ‘out of
it’. ‘…In what the U.S. State
Department called a "concerted campaign to intimidate," several dozen
journalists were rounded up by security forces and detained for hours, along
with foreigners working as teachers, engineers and human rights researchers.
Across the city, angry bands of supporters of President Hosni Mubarak also beat
journalists; several reporters said that they were threatened with death…’ ]
Cairo seeks to shift blame for clashes by rounding up journalists; U.S.
worries renewed protests could spark more violence from Mubarak supporters. Demonstrations
in Egypt take bloody turn In
Cairo square, Mubarak backers confront anti-government crowds (Washington Post) [ Not too difficult for desperate and done
mubarak to contrive: Mubarak
Says Egyptians Have to Choose Between “Chaos” and Him … Then Sends In His Thugs
to Stir Up Chaos (Infowars.com) In
order to justify staying in power until elections are held in September,
President Mubarak said on tv that the people had to choose between him and
“chaos”. ] The coordinated nature of day's events suggested that Mubarak's
supporters were determined to show, as he had warned, that the country faced a
"choice between chaos and stability." [ Previous: Mubarak's
pledge seen as not enough Egyptian
president plans to stay in office to transfer power (Washington Post) [ Let me put it another
way: Mubarak is as done as an over-cooked tamale … He seems to be stalling for
time and even in his age impaired mind certainly knows his position is
untenable, unsustainable, and even more irrational as each second passes. There
is a possibility that he’s using same to move money / treasure for himself and
others, literally as well, buying time. See infra … Previous: Mubarak
seeks dialogue, shows no sign of relenting Demonstrators
call for massive protest but lack leadership (Washington Post) [ He relented when he
resorted to media / internet blackout. Indeed, this lack of sign thing is a
testament to how far from reality 30 years has taken him, not to mention the
other 52 years that have taken their toll on his cognitive processes. Whether
it is plaques ‘on the brain’ or outright senility, that he is so disengaged
from the events unfolding around him, one may only wonder how he lasted this
long. Nor did his choice of cia standin / shill, new VP Suleiman enhance his
now untenable position which leaves him as ‘done as a burnt enchilada’. Kissinger
on Egypt unrest – “This is only the first scene of the first act of a drama
that is to be played out” [ The
import of this so-called interview, and it is here that I part company with
alex jones, et als (who by the way, censored me for this very thesis, which
puts him and his at the top of my hypocrite list), is that the so-called elite
have orchestrated these events and ‘are in control’. First, there are no elites
in this world; you can’t derive elites from apes, notochordates, and initially
single celled organisms. Second, almost by definition and certainly by history,
there are no elites in america even if you were to accept the first proposition
(though true) as untrue. What you do have, in this world and america
particularly (with few exceptions as I’ve discussed elsewhere / comments / my
website), are inherent criminals and mentally ill people of varying degrees of
unscrupulousness and insanity who do commit crimes, both small and large, to
further their interests or fortunes (sociopaths / psychopaths). The ’so-called
alpha-dogs’ of the human species at most, but still incompetent vegetables who,
if you look at anything they touch (to use a term term of such incompetent
vegetables as historically pertains to their role in the mideast – and
generally the state of the world) it invariably goes ‘pear shaped’ (english
term). What hasn’t zionist kissinger not messed up as appointee or ‘consultant’
– what does he get paid for? No! The fact is, they have absolutely no idea how
this unfolds and as with most of their lives, they will predictably choose the
most sordid, despicable, and diabolical course at every turn because … that is
their inherently criminal, mentally ill / unstable nature to do so. ]
] Fragile steps to end crisis seen as plans
take shape for a transition process that would allow Mubarak to remain as a
figure head until new elections.
}
]
]
After decades of repression, democracy advocates say it could take many
months -- if not years -- to lay groundwork for open and credible elections.
]
Julian
Assange must be extradited to Sweden (Washington Post) [ Julian
Assange to be extradited to Sweden Infowars.com [ No surprise here. As I’ve previously written, I’m
against the censorship since one always, in the final analysis, must discern
truth from falsehood, information from disinformation, reality from propaganda.
In truth, I found it somewhat shocking and more than surprising that of all
places ‘to escape to’, Assange chose Orwellian england, puppet to the u.s. and
guarantor of servility to u.s./zionist interests, such is their own desperate
circumstances. What was he thinking? ]
WikiLeaks founder Julian Assange is to be extradited to Sweden to face
allegations of rape and sexual assault. Assange will appeal, his legal team
confirmed. If this is unsuccessful, he will be extradited to Sweden in 10
days. ] LONDON - Britain will honor
Sweden's request to extradite WikiLeaks founder Julian Assange to face
sex-crime allegations, a British judge ruled Thursday.
16
miles away, Saudi Arabia's watchful eye looms over Bahrain unrest (Washington Post) [ I’m sure they
are … with a microscope at that. Saudis Worried
Protests Will Hit Home - saudi arabia;
talk about do nothing hypocrites. How does one family claim ownership of all
the oil reserves of a sovereign nation; I suspect only when foreign
corporations say so For the sake of the saudi Arabian people, more
than just protests should come to fruition!
] AFP | Saudi royal warns Arab world uprisings could cause
harm unless they reform. Bahrain authorities launch surprise attack on protesters [There’s the america and saudi Arabia
effect; far less than democratic and far more deadly in the mideast among other
places; talk about hypocrites. How does one family claim ownership of all the
oil reserves of a sovereign nation as the saudis; time for the saudis to go the
way of dictator Mubarak and take the war criminal americans with them. ] Los Angeles Times Tear gas
canisters bombard sleeping protesters in Manama's Pearl Square. At least two
men are reported killed Video: Bahrain
protesters look to emulate Egypt revolt 
euronews Riot Police Attack Bahrain Protesters Voice
of America ‘Saudi
Arabia sending troops to Bahrain’ Saudi Arabia is sending troops to Bahrain in a move to crack down
on pro-democracy protesters who took to the streets in the capital Manama, a
political analyst says. [SAUDIS TOLD OBAMA 'NOT TO HUMILIATE MUBARAK'
[ Sounds like they’re hearing footsteps…Previous: Egyptian
capital teeters on anarchy Mubarak
asks cabinet to resign as anti-regime protests intensify
(Washington Post) [ Mubarak should have been looking in the mirror as he asked
his cabinet to resign … 30 years is a long time, and coincidentally, time for
him to go. In
Egypt: Access denied (Washington Post) [The day part of the Internet died: Egypt goes dark [I disagree!
Part of the internet didn’t die, but rather the order to so darken the nation
heralded the demise, at 30 years and counting, of the so-called leadership in
the persona of Mubarak. Time for him to go! After all, he’s been in a position,
with Egypt among the only Mideast nations to have signed a peace treaty with
israel, to have stepped up with substantial credibility in taking a strong
position against israeli transgressions, violations of international law / u.n.
resolutions, war crimes, etc., which beyond soft-touch, he failed to do. And,
of all places, he sends his family to Orwellian england; he still loves those
colonial masters … how pathetic. I mean, 30 years … how free-flowing does
anyone think the election process is at this point … and one could ask the same
regarding the entrenched powers that be in pervasively corrupt, defacto
bankrupt america, to be fair. Then there’s saudi arabia; talk about do nothing
hypocrites. How does one family claim ownership of all the oil reserves of a
sovereign nation; I suspect only when foreign corporations say so. The only
Mideast nations showing backbone are Turkey, Lebanon, and Syria, and, of course
the perennially propaganda painted bad-boy Iran among possibly some of the
smaller emirates, ie., Qatar, etc., (I lack sufficient information regarding
these other nations). ] (AP)
Internet cutoff fails to silence Egypt protests (AP)
- ]
Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m truly sorry that
Kelly lost a son to war, but along with the multitude of civilians in the
nations unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by President
General Eisenhower), they died for nothing, for no good reason beyond the false
propaganda. ]
Imams
wage political battle against U.S. (Washington Post) [ Yeah!
Are not these native Afghans freedom fighters in the highest, truest, and most noble sense of the term. I mean,
pervasively corrupt / defacto bankrupt america’s destructive and corrupting
influence is unequivocal (including the resurgent heroin trade that had all
been eradicated by the Taliban). This unlawful incursion is a lose, lose
scenario for all parties; and, america’s / israel’s / nato’s zionist
aspirations in the region are among the most self-destructive, self-defeating
policies in world history. ] For
the U.S. government, and for the 100,000 American troops fighting in
Afghanistan, the messages delivered last Friday could hardly have been worse.
Cohen: Time
for Arabs to reject anti-semitism (Washington Post) [ Reality check … time
for israelis / jews to reject zionism and all that is entailed therein,
including an alternate reality that defies credulity, rationality, and facts;
such as, a self-rationalizing greed, anti-arab / anti-Christian predisposition
and the ‘Oedipal Effect’ (blowback) engendered thereby. No, Johnny Carson was
not anti-semitic (Fred Silverman), same for Charlie Sheen (Chuck Lorre), etc. (the
list is endless inasmuch as when facts are not on their side, such specious
inflammatory arguments as ‘anti-semitism’, prejudice, are a convenient
subterfuge distracting from their weak position; ie., illegal nukes, war
crimes, ignoring u.n. resolutions, ie., 242, 338, etc., ignoring international
law. At best, no … God did not give them this land … at worst, God took the
land back when they with roman muscle crucified Christ. Balfour was an
arbitrary, incompetent, british joke.).
]
U.S.
vetoes Security Council resolution denouncing Israeli settlements (Washington Post) [ Drudgereport: Hillary Clinton:
Israeli Settlements 'Illegitimate'… [We know that hill … We’ve known that for
quite some time along with their illegal nukes, war crimes, etc…The whole world
knows that hill… so don’t just talk about it … DO SOMETHING! ] ...
Yes! … in pervasively corrupt, defacto america’s self-defeating,
self-destructive way they are doing something … U.S.
vetoes Security Council resolution denouncing Israeli settlements … Sounds
like a plan! … right! … for self-destruction! ] Sallai Meridor: Israel's
fear (Washington Post) [ Come on! Wake up! Illegal nuke totin’, war crimes
nation israel’s fears … p l e a s e, spare me the pro-israeli b*** s*** ! What
israel fears is a projection of their own ill-founded motives and actions for
which all norms, rules, laws governing civilized behavior are suspended for
expedience at the least, and blood-thirst that some posit as a remnant of their
historic role as Christ-killers (with roman ‘juice’). Isn’t it time, in these desperate times for america, to put
america’s, not israel’s interests, first.
Who cares what israel fears … In 1948, U.S.
Secretary of Defense James Forrestal, an opponent of the creation of a Jewish
state in Palestine, warned that, even though failure to go along with the
Zionists might cost President Truman the states of New York, Pennsylvania, and
California, it was about time that somebody should pay some consideration to
whether we might not lose the United States….. Mr. Forrestal was absolutely
correct! Isn’t that exactly what’s happened to defacto bankrupt america in
intractable decline. TIME TO REVOKE AND NULLIFY THE BALFOUR DECLARATION AND
ABROGATE THE CREATION OF THE NATION STATE OF ISRAEL IN THE INTERESTS OF
FAIRNESS, JUSTICE, PEACE AND PROSPECTIVE PROSPERITY FOR THIS WORLD! Israel wary of transition in Egypt, concerned
about regional stability (Washington Post) [ Who cares what the
paranoid, war criminal, illegal nuke totin’, war criminal israelis are wary of.
This country has gone down the tubes cow-towing to the paranoid,
self-interested concerns of the psycho / sociopathic zionist israelis who are forever
projecting their own pathological motives to every turn of history while
ignoring their own culpability in producing the very outcomes they purportedly
seek to avoid. War, conflict, greed, bloodshed is the historically based
israeli way. ] A
resurgent Syria alarms u.s., israel (Washington Post) [ Tell me! What doesn’t alarm these two
paranoid, zionist neo-nazi regimes of oppression, suppression, aggression, and
regression. If they were individuals, they’d undoubtedly be diagnosed as
psychopaths, sociopaths totally ignorant of the rights of others, laws,
civilized behavior as israel pads her illegal nuke arsenals with american
supplied weaponry / support while expecting all other nations to ‘role over and
die’. Bipolar / manic / depressive, the ups and downs are increasingly
difficult for even americans to follow. Obssessive / compulsive thy names are
zionist israel / america. Projection / displacement regarding their own illegal
acts, war crimes, etc.; what they distinguished from what they do …
dissociative identity disorder, dissociative fugue? Yes … the u.s. and israel
are the world’s lunatics, sorely in need of therapy! ] Syria's fresh interference in Lebanon and
its increasingly sophisticated weapons shipments to Hezbollah have alarm
officials and prompt Israel's military to consider striking a Syrian weapons
depot.
Peter King, IRA supporter and enthusiastic
counter-terrorism advocate (Washington Post) [ A neocon; a zionist
with a large jewish constituency; an IRA terrorist supporter; looks a lot like,
bears a striking resemblance to, corrupt dodo dodd former Conn. Senator; in
sum, that can’t be good. Maybe he suffers from a multiple personality disorder.
I mean … wow! Whew! ]
NATO troops kill Karzai's cousin in botched
raid, Afghans say (Washington Post) [ ‘All the right moves’. Right,
right, right! Righto!…Riiiiight! Winning those hearts and minds; or as Charlie
Sheen would say … duh … winning! Whew! U.N. alarmed by surge in civilian casualties
in Afghanistan 
(Washington
Post) [ No, gates has already addressed that … minor setbacks, says he … Turmoil
jars U.S. counter-terror efforts 
(Washington
Post) [ Now how does this come as a surprise to anyone? Beyond america’s
propaganda machine, orwellian england, etc., just how do think the war crimes,
invasions, pillaging and plundering, and killing of innocent children, women,
and men by pervasively corrupt, defacto bankrupt america et als for the sake of
the u.s. military military complex are viewed by the rest of the world, and
particularly the subject region. Euphemistically but realistically speaking,
‘not good’! … Gates says killing of Afghan boys a "setback" (Reuters)
[Ah, yes, riiiiight! … that’s what it is, alright…just a setback…I see. ] Gates: US
military to stay in Afghanistan US
Defense Secretary Robert Gates, who is on a surprise visit to Afghanistan, says
the American military should stay in the conflict-riddled country despite the
rising human costs. Violent
spring looming in Afghanistan (Washington Post) [ See … something to look
forward to … must be that good news that keeps getting pushed back … and spring
no less … everything bombing blooming or in war criminal american-speak …
‘booming’ … but not the defacto bankrupt american economy for which a crash is
‘looming’. Could somebody help me out with a translation of gates’ speech a
west point … I must be missing something … Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly
lost a son to war, but along with the multitude of civilians in the nations
unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by
President General Eisenhower), they died for nothing, for no good reason beyond
the false propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
] American military officials
expect that the Taliban will mount a campaign to regain ground lost to U.S.
troops last year and use suicide bombing teams to strike at those associated
with the Afghan government or coalition forces. ]
Violent
spring looming in Afghanistan (Washington Post) [ See … something to look
forward to … must be that good news that keeps getting pushed back … and spring
no less … everything blooming, or in war criminal american-speak … ‘booming’ …
but not the defacto bankrupt american economy for which a crash is ‘looming’.
Could somebody help me out with a translation of gates’ speech a west point … I
must be missing something … Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly
lost a son to war, but along with the multitude of civilians in the nations
unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by
President General Eisenhower), they died for nothing, for no good reason beyond
the false propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
] American military officials
expect that the Taliban will mount a campaign to regain ground lost to U.S.
troops last year and use suicide bombing teams to strike at those associated
with the Afghan government or coalition forces.
NATO endorses plan for Afghan forces to take
over several areas (Washington Post) [ Yeah! Sounds like a plan … if
the several areas encompass the entire nation; and, nato quits their
foolishness in wasting money they don’t have for the sake of the military
industrial complex, war profiteers, thieves, and (nato) heroin dealers. ]
Karzai
condemns deadly NATO airstrike (Washington Post) [ Well, for pervasively
corrupt, defacto bankrupt america, it’s just another of many war crimes. They
just role out the propaganda machine that no one is buying anymore. Yet, can
you believe your eyes and ears here: Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ] A NATO airstrike that Afghan officials
said killed nine children collecting firewood in eastern Afghanistan beccomes
the latest irritant in the tense relationship between President Hamid Karzai
and the international force in the country.
Turmoil
jars U.S. counter-terror efforts 
(Washington
Post) [ Now how does this come as a surprise to anyone? Beyond america’s
propaganda machine, orwellian england, etc., just how do think the war crimes,
invasions, pillaging and plundering, and killing of innocent children, women,
and men by pervasively corrupt, defacto bankrupt america et als for the sake of
the u.s. military military complex are viewed by the rest of the world, and
particularly the subject region. Euphemistically but realistically speaking,
‘not good’! … Gates says killing of Afghan boys a "setback" (Reuters)
[Ah, yes, riiiiight! … that’s what it is, alright…just a setback…I see. ] Gates: US
military to stay in Afghanistan US
Defense Secretary Robert Gates, who is on a surprise visit to Afghanistan, says
the American military should stay in the conflict-riddled country despite the
rising human costs. Violent
spring looming in Afghanistan (Washington Post) [ See … something to look
forward to … must be that good news that keeps getting pushed back … and spring
no less … everything bombing blooming or in war criminal american-speak …
‘booming’ … but not the defacto bankrupt american economy for which a crash is
‘looming’. Could somebody help me out with a translation of gates’ speech a
west point … I must be missing something … Lt. Gen. John Kelly, who lost son to war,
says U.S. largely unaware of sacrifice (Washington Post) [ I
disagree! They are very much aware; as they stand in unemployment lines, use
food stamps to get by, etc.. I hate to sound cavalier and I’m sorry that Kelly
lost a son to war, but along with the multitude of civilians in the nations
unlucky enough to provide a source of corporate welfare to the military
industrial complex and war profiteering for the few (as warned against by
President General Eisenhower), they died for nothing, for no good reason beyond
the false propaganda. Six NATO troops killed in Afghanistan
(Washington Post) [ Is there something wrong with the following picture? … am I
missing something? … Gates's warning: Avoid land war in Asia, Middle East, and
Africa Christian Science
Monitor - In a speech to cadets at the United States Military
Academy at West Point, Gates's message was clear: The US military services, as
well as the elected and appointed civilians who send them to war, need better
ways of foreseeing and preparing for ...
Gates Tells US Army to Take New Approach Voice of America Warning
Against Wars Like Iraq and Afghanistan New York
Times [ Better said, than unsaid; but,
methinks a bit late for that in light of pervasively corrupt, defacto bankrupt
america’s consummate decline and fall! If only they had listened and not shot
at the messenger … things could have been different! ]
] American military officials
expect that the Taliban will mount a campaign to regain ground lost to U.S.
troops last year and use suicide bombing teams to strike at those associated
with the Afghan government or coalition forces. ]
U.N. confirms probe into allegations of
torture by Gaddafi's forces 
(Washington
Post) [ Well we all know how effective the u.n. has been in enforcing the mandate against torture / war crimes in
light of their stern rebuke / sanctions / action against the u.s. / israel …
riiiiight! http://albertpeia.com/evilonthetarmac.htm ]
Accountability is unclear in israeli probe of flotilla
raid (Washington
Post) Oh, come on! An israeli probe of an
israeli massacre of civilians. Time for israel to pay; for illegal nukes, for
violations of international law, for continued violations of u.n. resolutions,
for provocations as pretexts to sabotage peace talks, and on and on ad nauseum.
Why does america among other nations feel compelled to sacrifice themselves for
the sake of a global criminal nation with an insatiable greed and blood-thirst
as israel?
Murder on the high seas
JERUSALEM: Israeli marines stormed aid ships bound for Gaza on Monday and at
least 10 rights activists were killed, triggering a diplomatic crisis and an emergency
session of the UN Security Council. European nations, as well as the United
Nations and Turkey, voiced shock and outrage at the bloody end to the
international campaigners' bid to break Israel's blockade of the Gaza Strip
How
does anyone take the u.s. seriously in light of their credibility problems, war
crimes, etc.? What nuke technology israel didn’t steal from the u.s., the u.s.
gave them along with missile, armaments, etc.. and paid for with taxpayer money
that u.s. taxpayers and the defacto bankrupt nation don’t have.
It's time to expel
israel from the UN Without doubt, the israeli attack on the Gaza-bound
"Freedom Flotilla" in the dawn of Monday, May 31, 2010 is one of the
most savage crimes in recent history. It seems the ruling power in Tel Aviv has
been afflicted with a variant of mad cow disease; otherwise, how could it be so
cruel to unleash such a beastly raid on the "Mavi Marmara," the
Turkish flagship of a flotilla carrying medical and humanitarian supplies to
the hapless people of Gaza Strip?
The
israeli Spin-Machine in Overdrive: dershowitz to the Rescue? Armed
Israeli commandos, the elite of the elites, rappelled to the deck of a Turkish
ship carrying humanitarian relief supplies to the 1.5 million prisoners in the
Gaza concentration camp.
Bombs
more lethal than in Dec. 25 attempt (Washington Post) [ Truth be told, there’s no shortage of
pre-election skepticism … ] The package
bombs discovered on cargo flights last week contained far more explosive
material than the device that the alleged underwear bomber planned to use last
Christmas to down a Detroit-bound jetliner, officials said. [Did
Obama Order British Authorities To Find Non-Existent Ink Bomb? Paul
Joseph Watson | Only after President’s speech did East Midlands
security officials reverse earlier announcement that suspicious device was a
dud..
The Cult Of Obama
Crashes And Burns Steve Watson | The hope has gone, the
change never came – now people are just pissed off.
Toner Bomb Plot
Used to Empower CIA Kurt Nimmo | Absurd toner bomb plot
provides excuse to rationalize the global reach of the CIA into Arabian
peninsula.
CIA
Stooge Awlaki Prime Suspect Behind Plane Bomb Plot Paul Joseph
Watson | Evidence screams “false flag” as authorities seek to crush
resistance against invasive airport security measures, while Obama exploits
event for domestic and geopolitical gain.
Israel
Knew About Toner Bomb Plot Before Devices Were Found Transportation
minister hints state knew about mail terror plot before it was publicly
revealed Friday. ‘Since Thursday Israeli representatives have been securing
shipments to Israel from airports worldwide,’ he says.
Did
Obama Order British Authorities To Find Non-Existent Ink Bomb? After having
examined the suspicious ink toner device for six hours and found it to be a
dud, bomb experts at East Midlands Airport only reversed their decision after
being ordered to re-inspect the package by US authorities following President
Obama’s Friday afternoon speech in which he claimed that the devices did in
fact contain explosives.
Toner Bomb Plot
Used to Empower CIA In addition to adding new urgency and a fresh dose of
hysteria to the flagging war on manufactured terror, the toner bomb plot has
provided an excuse to rationalize the global reach of the CIA.
No
U.S. Commercial or Private Plane left Yemen to the U.S. over last 48 hours;
Yemeni Official A Yemeni official told Yemen Post that no U.S. cargo
aircraft of any American company flew out of Yemen over the last 48 hours.
Yemen
Insists No Packages Sent 48 Hours Prior to Toner Bomb Hysteria Kurt
Nimmo | As usual, the government has not done a very good job of
making the latest al-CIA-duh plot credible.
Obama
‘Fake Terror’ Alert Story Hits #1 on Google Efforts to warn the population
that the Obama Administration, like the Bush Administration before it, has
engaged in issuing fake terror alerts has gone viral, with the search term
“fake terror” reaching #1 on Google Trends. It is yet another success in the
Infowar, initiated on the Alex Jones Show.
Obama
Issues Fake Terror Alert On Eve Of Elections As we predicted on four
separate occasions would happen, the Obama White House has deliberately
contrived a fake terror scare on the eve of the mid-term elections in an effort
to subdue the rampaging political appetite for anti-big government candidates
that threatens to sweep aside establishment incumbents next week. ]
Obama:
Suspicious packages are a 'credible terrorist threat' (Washington
Post) [October surprise anyone …
still October … trick or treat … there are skeptics … then there are some
who’ll say … just jewish synagogues, no big deal … nothing of strategic value …
healthy dose of skepticism … Obama
‘Fake Terror’ Alert Story Hits #1 on Google Aaron Dykes
Infowars.com October 29, 2010 Efforts to warn the population that the Obama
Administration, like the Bush Administration
before it, has engaged in issuing fake terror alerts has gone viral,
with the search term “fake terror” reaching #1 on
Google Trends. It is yet another success in the Infowar, initiated
on the Alex Jones Show. As we are just days out from the 2010 midterm
elections, voters must realize that the establishment has willfully engaged in
hyping up false alerts to scare the public into believing that we are under
siege by potential terrorist acts at all moments. Various “officials” have been
warning that an attack is likely to occur for weeks now, and it is no surprise
to see the Obama Administration trying to use the fear to its advantage. Recall
that Obama advisor and former top Clinton official, Robert Shapiro, alluded to the
idea that only a terror attack could save Obama’s presidency earlier
in the year.
“The bottom line here is that Americans don’t believe in President Obama’s
leadership,” said Shapiro, adding, “He has to find some way between now and
November of demonstrating that he is a leader who can command confidence and,
short of a 9/11 event or an Oklahoma City bombing, I can’t think of how he
could do that.”
Read the original story by Paul Joseph Watson here, as it has been updated.
The
general scare of the fake terror alert is all the more alarming, as President
Obama has gone on to contradict announcements from his own administration,
claiming that the suspicious package “did apparently contain explosive
material” in a press conference.
This, after it was already admitted the suspicious package, which originated
from the UK, was harmless and contained no explosives Obama Issues Fake Terror Alert On
Eve Of Elections Paul Joseph Watson | Establishment
media fearmongers about “mail bomb plot” despite no bombs being found. Corporate Media On High Alert
Over “Manipulated” Toner Cartridge On UK Plane Kurt Nimmo
| Officialdom and authorities jack up the scary pre-election rhetoric ]
GOP's
Palin paradox (Washington Post) Parker: She's too powerful to ignore, and too (fill-in-the-blank) to take
seriously. [ Say it! … Dumb! … Everybody knows it! … Cher even said it! … I
believe that this further evinces the leadership vacuum in america and is a
testament to how unequivocally far america has fallen. Powerful? I don’t think so! ]
Sarah
Palin: The Next Teleprompter Reader in the White House [ Not gonna’ happen
… she’s just too embarrassingly dumb …
and all that fake macho / zionist b*** s***
… unless her gal o’donnel casts a spell … which is a whole new ball game
… witches … really … how ‘bout dumb *******s …. she’s really dumb enough to
press the button. ] ? Kurt Nimmo | In 2008, Tea Party Sarah trekked to New York to
kiss Henry Kissinger’s ring.
Sarah
Palin: The Next Teleprompter Reader in the White House? [ Not gonna’ happen … she’s just too embarrassingly dumb … unless her gal o’donnel casts a spell …
which is a whole new ball game … witches … really … how ‘bout dumb *******s ...
and all that fake macho / zionist b*** s*** ... she’s really dumb enough to
press the button. ] It looks like the establishment is grooming Tea Party Sarah
for a run. She says as much in the Newsmax interview below.
Palin
calls reporters 'impotent' and 'limp' (Washington Post) [ I must reiterate,
she, palin’s so embarrassingly dumb! She truly is the joke that keeps on
giving! I really mean it! I mean, what next? ] The former Alaska governor
weighed in herself: "Those who are impotent and limp and gutless and they
go on their anonymous -- sources that are anonymous -- and impotent, limp and
gutless reporters take anonymous sources and cite them as being factual
references," she told Sean Hannity. "It just slays me ( this could be
a somewhat Freudian slip as she contemplates the uselessness of sexually
non-interested reporters while she meant lays and I think her supposed /
purported attractiveness / desirability is vastly overstated; but, this makes
for great SNL skits; you know, those reporters not man enough to service her
) because it's so absolutely clear what
the state of yellow journalism is today that they would take these anonymous
sources as fact."
The
power of Palin's touch
(Washington Post) [Wow! Talk about stupid. Murphy could have eliminated the
middle-man (person) and appeared on SNL himself; maybe reprising a familiar
(Eddie) Murphy role as Gumby 2, Son of Gumby. The only thing funnier is palin
herself. She’s so embarrassingly dumb!] .Endorsement lifts little-known
candidate in Md., giving the struggling campaign a "megaphone."
Comment on:
5 Myths about Sarah Palin at 10/14/2010 9:39 PM EDT
Test
yourself to find out how much you know about Sarah Palin. Take the quiz and
after, check out The Washington Post's 'Five Myths about Palin.' (Washington
Post) [ Geeh! I scoured the quiz / 5 myths and nowhere did I see the obvious
myth; viz., that she really has a brain. Maybe gal pal pol protégé o’donnell
can help her out … a few mysterious words, a slimy newt (gingrich) in a caldron
of b*** s*** , and voila … a new reality which is what o’donnell herself is
sorely in need of … O'Donnell, evolved Milbank: She didn't mention mice with
human brains in Wednesday's debate. But she said silly things. Stromberg:
O'Donnell is... wow The CNN host, moderating the long awaited Delaware
senatorial debate Wednesday night, was trying to get the Republican nominee to
talk about her 1998 statement on the Bill Maher show that "evolution is a
myth."
"Do you believe evolution is a myth?" Blitzer asked.
"I believe that the local ... " O'Donnell began, then started anew.
"I was talking about what a local school taught, and that should be
taught, that should be decided on the local community."
"Do you believe evolution is a myth?" the moderator repeated.
"Local schools should make that decision."
"What do you believe?"
"What I believe is irrelevant."
"Why is it irrelevant? Voters want to know."
"What I will support in Washington, D.C. is the ability of the local
school system to decide what is taught in their classrooms," O'Donnell
repeated.
The answer, though, was obvious: Of course she believes in evolution; she is a
product of evolution herself. She has evolved from a very odd woman who spoke
about the evils of masturbation and of mice with fully functioning human brains
and of her experience in sorcery (but she didn't join a coven!). …
Obama creates indefinite detention system for
prisoners at Guantanamo Bay 
(Washington
Post) [ Sounds more like fellow failed president/war criminal dumbya bush every
day. Meanwhile, back at the
pervasively corrupt, defacto bankrupt american credit farm (totalitarian
communist china): New
restrictions on foreign journalists Under rules announced after foreign
journalists were physically harassed by security officers, foreign journalists
must have government permission to interview anyone in a public area.]
In interview, Bush defends
Iraq war and waterboarding (Washington Post) [ Defending the indefensible … what choice
does he have … then there’s the lies … ] Bush
breaks silence, writes next chapter
(Washington Post) [ As a failed
president and war criminal himself, moron dumbya bush is among the few in the
world that makes failed president wobama look plausibly good in comparison … wobama
merely continued the failed policies of dumbya (perpetual war, no pros the
frauds on wallstreet, etc.) that got pervasively corrupt, defacto bankrupt
america to this point of decline and failure. ] Anne E.
Kornblut Your take: His most memorable moment? [ Like regrets in that old song (his way)
he’s had a few – http://albertpeia.com/evilonthetarmac.htm here’s a few: bushisms from bush the brain-damaged moron http://albertpeia.com/bushisms.htm
:
"After standing on the
stage, after the debates, I made it very plain, we will not have an
all-volunteer army. And yet, this week—we will have an all-volunteer army. Let
me restate that."—Daytona Beach, Fla., Oct. 16, 2004
"The CIA laid out several
scenarios and said life could be lousy, life could be OK, life could be
better, and they were just guessing as to what the conditions might be
like."—New York, Sept. 21, 2004
"Free societies are hopeful
societies. And free societies will be allies against these hateful few who have
no conscience, who kill at the whim of a hat."—Washington, D.C., Sept. 17,
2004 (Thanks to David Stanford.)
"That's why I went to the
Congress last September and proposed fundamental—supplemental funding, which is
money for armor and body parts and ammunition and fuel."—Erie, Pa., Sept.
4, 2004
"Too many good docs are
getting out of the business. Too many OB/GYN's aren't able to practice their
love with women all across the country."—Sept. 6, 2004, Poplar Bluff, Mo.
"They've seen me make
decisions, they've seen me under trying times, they've seen me weep, they've
seen me laugh, they've seen me hug. And they know who I am, and I believe
they're comfortable with the fact that they know I'm not going to shift
principles or shift positions based upon polls and focus groups."
—Interview with USA Today, Aug. 27, 2004
"I didn't join the
International Criminal Court because I don't want to put our troops in the
hands of prosecutors from other nations. Look, if somebody has done some wrong
in our military, we'll take care of it. We got plenty of capability of dealing
with justice."—Niceville, Fla., Aug. 10, 2004
"So community colleges are
accessible, they're available, they're affordable, and their curriculums don't
get stuck. In other words, if there's a need for a certain kind of worker, I
presume your curriculums evolved over time."—Niceville, Fla., Aug. 10,
2004
"Tribal sovereignty means
that, it's sovereign. You're a—you've been given sovereignty, and you're viewed
as a sovereign entity. And, therefore, the relationship between the federal
government and tribes is one between sovereign entities."—Washington,
D.C., Aug. 6, 2004
"Secondly, the tactics of
our—as you know, we don't have relationships with Iran. I mean, that's—ever
since the late '70s, we have no contacts with them, and we've totally
sanctioned them. In other words, there's no sanctions—you can't—we're out of sanctions."—Annandale,
Va., Aug. 9, 2004
"I mean, if you've ever
been a governor of a state, you understand the vast potential of broadband
technology, you understand how hard it is to make sure that physics, for
example, is taught in every classroom in the state. It's difficult to do. It's,
like, cost-prohibitive."—Washington, D.C., June 24, 2004 (Thanks to
Michael Shively.)
"Our enemies are innovative
and resourceful, and so are we. They never stop thinking about new ways to harm
our country and our people, and neither do we."—Washington, D.C., Aug. 5,
2004 (Thanks to Alicia Butler.)
"And I am an optimistic
person. I guess if you want to try to find something to be pessimistic about,
you can find it, no matter how hard you look, you know?"—Washington, D.C.,
June 15, 2004 (Thanks to Robert Irwin.)
"[A] free Iraq is essential
to our respective securities."—Washington, D.C., June 1, 2004
"I want to thank my friend,
Sen. Bill Frist, for joining us today. … He married a Texas girl, I want you to
know. (Laughter.) Karyn is with us. A West Texas girl, just like
me."—Nashville, Tenn., May 27, 2004
"I'm honored to shake the
hand of a brave Iraqi citizen who had his hand cut off by Saddam
Hussein."—Washington, D.C., May 25, 2004
"This has been tough weeks
in that country."—Washington, D.C., April 13, 2004 (Thanks to David
Huddleston.)
"[B]y the way, we rank 10th
amongst the industrialized world in broadband technology and its availability.
That's not good enough for America. Tenth is 10 spots too low as far as I'm
concerned."—Minneapolis, Minn., April 26, 2004
"My job is to, like, think
beyond the immediate."—Washington, D.C., April 21, 2004
"This is historic
times."—New York, N.Y., April 20, 2004
"Obviously, I pray every
day there's less casualty."—Fort Hood, Texas, April 11, 2004 (Thanks to
Pat Gallagher.)
"Recession means that
people's incomes, at the employer level, are going down, basically, relative to
costs, people are getting laid off."—Washington, D.C., Feb. 19, 2004
(Thanks to Garry Trudeau.)
"God loves you, and I love
you. And you can count on both of us as a powerful message that people who
wonder about their future can hear."—Los Angeles, Calif., March 3, 2004
(Thanks to Tanny Bear.)
"The march to war affected
the people's confidence. It's hard to make investment. See, if you're a small
business owner or a large business owner and you're thinking about investing,
you've got to be optimistic when you invest. Except when you're marching to
war, it's not a very optimistic thought, is it? In other words, it's the opposite
of optimistic when you're thinking you're going to war." —Springfield,
Mo., Feb. 9, 2004 (Thanks to Garry Trudeau.)
"See, one of the
interesting things in the Oval Office—I love to bring people into the Oval
Office—right around the corner from here—and say, this is where I office, but I
want you to know the office is always bigger than the person."—Washington,
D.C., Jan. 29, 2004 (Thanks to Michael Shively.)
"More Muslims have died at
the hands of killers than—I say more Muslims—a lot of Muslims have died—I don't
know the exact count—at Istanbul. Look at these different places around the
world where there's been tremendous death and destruction because killers
kill."—Washington, D.C., Jan. 29, 2004 (Thanks to Michael Shively.)
"In an economic recession,
I'd rather that in order to get out of this recession, that the people be
spending their money, not the government trying to figure out how to spend the
people's money."—Tampa, Fla., Feb. 16, 2004
"King Abdullah of Jordan,
the King of Morocco, I mean, there's a series of places—Qatar, Oman—I mean,
places that are developing—Bahrain—they're all developing the habits of free
societies."—Washington, D.C., Jan. 29, 2004
"But the true strength of
America is found in the hearts and souls of people like Travis, people who are
willing to love their neighbor, just like they would like to love
themselves."—Springfield, Mo., Feb. 9, 2004 (Thanks to George Dupper.)
"My views are one that
speaks to freedom."—Washington, D.C., Jan. 29, 2004
"In my judgment, when the
United States says there will be serious consequences, and if there isn't
serious consequences, it creates adverse consequences."
"There is no such thing
necessarily in a dictatorial regime of iron-clad absolutely solid
evidence. The evidence I had was the best possible evidence that he had a
weapon."
"The recession started upon
my arrival. t could have been—some say February, some say March, some
speculate maybe earlier it started—but nevertheless, it happened as we showed
up here. The attacks on our country affected our economy. Corporate scandals
affected the confidence of people and therefore affected the economy. My
decision on Iraq, this kind of march to war, affected the economy."—Meet
the Press, Feb. 8, 2004
"I was a prisoner too, but
for bad reasons."—To Argentine President Nestor Kirchner, on being told
that all but one of the Argentine delegates to a summit meeting were imprisoned
during the military dictatorship, Monterrey, Mexico, Jan. 13, 2004
"[T]he illiteracy level of
our children are appalling."—Washington, D.C., Jan. 23, 2004 (Thanks to
Lewell Gunter.)
"Just remember it's the
birds that's supposed to suffer, not the hunter."—Advising quail hunter
and New Mexico Sen. Pete Domenici, Roswell, N.M., Jan. 22, 2004
"One of the most meaningful
things that's happened to me since I've been the governor—the
president—governor—president. Oops. Ex-governor. I went to Bethesda Naval
Hospital to give a fellow a Purple Heart, and at the same moment I watched
him—get a Purple Heart for action in Iraq—and at that same—right after I gave
him the Purple Heart, he was sworn in as a citizen of the United States—a
Mexican citizen, now a United States citizen."—Washington, D.C., Jan. 9,
2004
"I want to thank the
astronauts who are with us, the courageous spacial entrepreneurs who set such a
wonderful example for the young of our country."—Washington, D.C., Jan.
14, 2004
"And if you're interested
in the quality of education and you're paying attention to what you hear at
Laclede, why don't you volunteer? Why don't you mentor a child how to
read?"—St. Louis, Mo., Jan. 5, 2004
"So thank you for reminding
me about the importance of being a good mom and a great volunteer as
well."—St. Louis, Jan. 5, 2004
"I want to remind you all
that in order to fight and win the war, it requires an expenditure of money
that is commiserate with keeping a promise to our troops to make sure that
they're well-paid, well-trained, well-equipped."
"See, without the tax relief package, there would have been a deficit, but
there wouldn't have been the commiserate—not 'commiserate'—the kick to our
economy that occurred as a result of the tax relief."
"[T]he best way to find these terrorists who hide in holes is to get
people coming forth to describe the location of the hole, is to give clues and
data."
"Justice was being delivered to a man who defied that gift from the
Almighty to the people of Iraq."—Washington, D.C., Dec. 15, 2003
"[A]s you know, these are
open forums, you're able to come and listen to what I have to
say."—Washington, D.C., Oct. 28, 2003
"The ambassador and the
general were briefing me on the—the vast majority of Iraqis want to live in a
peaceful, free world. And we will find these people and we will bring them to
justice."—Washington, D.C., Oct. 27, 2003 (Thanks to Robert Hack.)
"[W]hether they be
Christian, Jew, or Muslim, or Hindu, people have heard the universal call to
love a neighbor just like they'd like to be called
themselves."—Washington, Oct. 8, 2003 (Thanks to George Dupper.)
"See, free nations are
peaceful nations. Free nations don't attack each other. Free nations don't
develop weapons of mass destruction."—Milwaukee, Wis., Oct. 3, 2003
"[W]e've had leaks out of
the administrative branch, had leaks out of the legislative branch, and out of
the executive branch and the legislative branch, and I've spoken out
consistently against them, and I want to know who the leakers
are."—Chicago, Sept. 30, 2003
"Washington is a town where
there's all kinds of allegations. You've heard much of the allegations. And if
people have got solid information, please come forward with it. And that would
be people inside the information who are the so-called anonymous sources, or
people outside the information—outside the administration."—Chicago, Sept.
30, 2003 (Thanks to Andy Bowers.)
"[T]hat's just the nature
of democracy. Sometimes pure politics enters into the rhetoric."—Crawford,
Texas, Aug. 8, 2003 (Thanks to Inigo Thomas.)
"I glance at the headlines
just to kind of get a flavor for what's moving. I rarely read the stories, and
get briefed by people who are probably read the news
themselves."—Washington, D.C., Sept. 21, 2003
"I'm so pleased to be able
to say hello to Bill Scranton. He's one of the great Pennsylvania
political families."—Drexel Hill, Penn., Sept. 15, 2003 (Thanks to Michael
Shively.)
"We had a good Cabinet
meeting, talked about a lot of issues. Secretary of State and Defense brought
us up to date about our desires to spread freedom and peace around the
world."—Washington, D.C., Aug. 1, 2003 (Thanks to Tanny Bear.)
"Security is the essential
roadblock to achieving the road map to peace."—Washington, D.C., July 25,
2003
"Our country puts $1
billion a year up to help feed the hungry. And we're by far the most generous
nation in the world when it comes to that, and I'm proud to report that. This
isn't a contest of who's the most generous. I'm just telling you as an aside.
We're generous. We shouldn't be bragging about it. But we are. We're very
generous."—Washington, D.C., July 16, 2003
"It's very interesting when
you think about it, the slaves who left here to go to America, because of their
steadfast and their religion and their belief in freedom, helped change
America."—Dakar, Senegal, July 8, 2003 (Thanks to Michael Shively.)
"My answer is bring them
on."—On Iraqi militants attacking U.S. forces, Washington, D.C., July 3,
2003
"You've also got to measure
in order to begin to effect change that's just more—when there's more than
talk, there's just actual—a paradigm shift."—Washington, D.C., July 1,
2003 (Thanks to Michael Shively.)
"I urge the leaders in
Europe and around the world to take swift, decisive action against terror
groups such as Hamas, to cut off their funding, and to support—cut funding and
support, as the United States has done."—Washington, D.C., June 25, 2003
"Iran would be dangerous if
they have a nuclear weapon."—Washington, D.C., June 18, 2003
"Now, there are some who
would like to rewrite history—revisionist historians is what I like to call
them."—Elizabeth, N.J., June 16, 2003
"I am determined to keep
the process on the road to peace."—Washington, D.C., June 10, 2003 (Thanks
to Tanny Bear.)
"The true strength of
America happens when a neighbor loves a neighbor just like they'd like to be
loved themselves."—Elizabeth, N.J., June 16, 2003
"We are making steadfast
progress."—Washington, D.C., June 9, 2003 (Thanks to Michael Shively.)
"I'm the master of low
expectations."—Aboard Air Force One, June 4, 2003
"I'm also not very
analytical. You know I don't spend a lot of time thinking about myself, about
why I do things."—Aboard Air Force One, June 4, 2003
"I recently met with the
finance minister of the Palestinian Authority, was very impressed by his grasp
of finances."—Washington, D.C., May 29, 2003
"Oftentimes, we live in a
processed world—you know, people focus on the process and not
results."—Washington, D.C., May 29, 2003
"I've got very good
relations with President Mubarak and Crown Prince Abdallah and the King of
Jordan, Gulf Coast countries."—Washington, D.C., May 29, 2003
"All up and down the
different aspects of our society, we had meaningful discussions. Not only in
the Cabinet Room, but prior to this and after this day, our secretaries,
respective secretaries, will continue to interact to create the conditions
necessary for prosperity to reign."—Washington, D.C., May 19, 2003
"First, let me make it very
clear, poor people aren't necessarily killers. Just because you happen to be
not rich doesn't mean you're willing to kill."—Washington, D.C., May 19,
2003
"We ended the rule of one
of history's worst tyrants, and in so doing, we not only freed the American
people, we made our own people more secure."—Crawford, Texas, May 3, 2003
(Thanks to Tony Marciniec.)
"We've had a great weekend
here in the Land of the Enchanted."—Albuquerque, N.M., May 12, 2003 (New Mexico's
state nickname is "Land of Enchantment.")
"We've got hundreds of
sites to exploit, looking for the chemical and biological weapons that we know
Saddam Hussein had prior to our entrance into Iraq."—Santa Clara, Calif.,
May 2, 2003 (Thanks to Michael Shively.)
"I think war is a dangerous
place."—Washington, D.C., May 7, 2003
"I don't bring God into my
life to—to, you know, kind of be a political person."—Interview with Tom
Brokaw aboard Air Force One, April 24, 2003
"You're free. And freedom
is beautiful. And, you know, it'll take time to restore chaos and order—order
out of chaos. But we will."—Washington, D.C., April 13, 2003
"Perhaps one way will be,
if we use military force, in the post-Saddam Iraq the U.N. will definitely need
to have a role. And that way it can begin to get its legs, legs of
responsibility back."—the Azores, Portugal, March 16, 2003
"I know there's a lot of
young ladies who are growing up wondering whether or not they can be champs.
And they see the championship teams from USC and University of Portland here,
girls who worked hard to get to where they are, and they're wondering about the
example they're setting. What is life choices about?"—Washington, D.C.,
Feb. 24, 2003
"Now, we talked to Joan
Hanover. She and her husband, George, were visiting with us. They are near
retirement—retiring—in the process of retiring, meaning they're very smart,
active, capable people who are retirement age and are
retiring."—Alexandria, Va., Feb. 12, 2003 (Thanks to Dennis Doubleday.)
"Columbia carried
in its payroll classroom experiments from some of our students in
America."—Bethesda, Md., Feb. 3, 2003
"And, most importantly,
Alma Powell, secretary of Colin Powell, is with us."—Washington, D.C.,
Jan. 30, 2003
"The war on terror involves
Saddam Hussein because of the nature of Saddam Hussein, the history of Saddam
Hussein, and his willingness to terrorize himself."—Grand Rapids, Mich.,
Jan. 29, 2003
"When Iraq is liberated,
you will be treated, tried, and persecuted as a war criminal."—Washington,
D.C., Jan. 22, 2003 (Thanks to Chad Conwell.)
"Many of the punditry—of
course, not you (laughter)—but other punditry were quick to say, no one is
going to follow the United States of America."—Washington, D.C., Jan. 21,
2003
"One year ago today, the
time for excuse-making has come to an end."—Washington, D.C., Jan. 8, 2003
"I think the American
people—I hope the American–I don't think, let me—I hope the American people
trust me."—Washington, D.C., Dec. 18, 2002
"The goals for this country
are peace in the world. And the goals for this country are a compassionate
American for every single citizen. That compassion is found in the hearts and
souls of the American citizens."—Washington, D.C., Dec. 19, 2002 (Thanks
to Michael Shively.)
"There's only one person
who hugs the mothers and the widows, the wives and the kids upon the death of
their loved one. Others hug but having committed the troops, I've got an
additional responsibility to hug and that's me and I know what it's
like."—Washington, D.C., Dec. 11, 2002
"In other words, I don't
think people ought to be compelled to make the decision which they think is
best for their family."—Washington, D.C., Dec. 11, 2002 (Thanks to
Stephanie Nichols.)
"Sometimes, Washington is
one of these towns where the person—people who think they've got the sharp
elbow is the most effective person." —New Orleans, Dec. 3, 2002 (Thanks to
Michael Shively.)
"The law I sign today
directs new funds and new focus to the task of collecting vital intelligence on
terrorist threats and on weapons of mass production."—Washington, D.C.,
Nov. 27, 2002
"These people don't have
tanks. They don't have ships. They hide in caves. They send suiciders
out."—Speaking about terrorists, Portsmouth, N.H., Nov. 1, 2002
"I know something about
being a government. And you've got a good one."—Stumping for Gov. Mike
Huckabee, Bentonville, Ark., Nov. 4, 2002
"I need to be able to move
the right people to the right place at the right time to protect you, and I'm
not going to accept a lousy bill out of the United Nations Senate."—South
Bend, Ind., Oct. 31, 2002
"John Thune has got a
common-sense vision for good forest policy. I look forward to working with him
in the United Nations Senate to preserve these national heritages."
"Any time we've got any
kind of inkling that somebody is thinking about doing something to an American
and something to our homeland, you've just got to know we're moving on it, to
protect the United Nations Constitution, and at the same time, we're protecting
you."—Aberdeen, S.D., same day (Thanks to George Dupper.)
"Let me tell you my
thoughts about tax relief. When your economy is kind of ooching along, it's
important to let people have more of their own money."—Boston, Oct. 4,
2002
"I was proud the other day
when both Republicans and Democrats stood with me in the Rose Garden to
announce their support for a clear statement of purpose: you disarm, or we
will."—Speaking about Saddam Hussein, Manchester, N.H., Oct. 5, 2002
(Thanks to George Dupper.)
"You see, the Senate wants
to take away some of the powers of the administrative branch."—Washington,
D.C., Sept. 19, 2002
"We need an energy bill
that encourages consumption."—Trenton, N.J., Sept. 23, 2002
"People say, how can I help
on this war against terror? How can I fight evil? You can do so by mentoring a
child; by going into a shut-in's house and say I love you."—Washington,
D.C., Sept. 19, 2002
"I'm plowed of the
leadership of Chuck Grassley and Greg Ganske and Jim Leach."—Davenport,
Iowa, Sept. 16, 2002
"There's an old saying in
Tennessee—I know it's in Texas, probably in Tennessee—that says, fool me once,
shame on—shame on you. Fool me—you can't get fooled again."—Nashville,
Tenn., Sept. 17, 2002
"There's no doubt in my
mind that we should allow the world worst leaders to hold America hostage, to
threaten our peace, to threaten our friends and allies with the world's worst
weapons."—South Bend, Ind., Sept. 5, 2002
"If you don't have any
ambitions, the minimum-wage job isn't going to get you to where you want to
get, for example. In other words, what is your ambitions? And oh, by the way,
if that is your ambition, here's what it's going to take to achieve
it."—Speech to students in Little Rock, Ark., Aug. 29, 2002 (Thanks to
George Dupper.)
"See, we love—we love
freedom. That's what they didn't understand. They hate things; we love things.
They act out of hatred; we don't seek revenge, we seek justice out of
love."—Oklahoma City, Aug. 29, 2002
"There's no cave deep
enough for America, or dark enough to hide."—Oklahoma City, Aug. 29,
2002 (Thanks to Michael Shively.)
"President Musharraf, he's
still tight with us on the war against terror, and that's what I
appreciate. He's a—he understands that we've got to keep al-Qaida on the
run, and that by keeping him on the run, it's more likely we will bring him to
justice."—Ruch, Ore., Aug. 22, 2002 (Thanks to Scott Miller.)
"I'm a patient man. And
when I say I'm a patient man, I mean I'm a patient man."
"Nothing he [Saddam
Hussein] has done has convinced me—I'm confident the Secretary of Defense—that
he is the kind of fellow that is willing to forgo weapons of mass destruction,
is willing to be a peaceful neighbor, that is—will honor the people—the Iraqi
people of all stripes, will—values human life. He hasn't convinced me, nor has
he convinced my administration."—Crawford, Texas, Aug. 21, 2002
"I'm thrilled to be here in
the bread basket of America because it gives me a chance to remind our fellow
citizens that we have an advantage here in America—we can feed
ourselves."—Stockton, Calif., Aug. 23, 2002 (Thanks to Christopher Baird.)
"There's no bigger task
than protecting the homeland of our country."
"The federal government and
the state government must not fear programs who change lives, but must welcome
those faith-based programs for the embetterment of mankind."—Stockton,
Calif., Aug. 23, 2002 (Thanks to George Dupper.)
"I love the idea of a
school in which people come to get educated and stay in the state in which
they're educated."
"There may be some tough
times here in America. But this country has gone through tough times before,
and we're going to do it again."
"I promise you I will
listen to what has been said here, even though I wasn't here."
"I can assure you that,
even though I won't be sitting through every single moment of the seminars, nor
will the vice president, we will look at the summaries."
"Tommy [Thompson, Health
and Human Services secretary,] is a good listener, and he's a pretty good
actor, too."
"The trial lawyers are very
politically powerful. … But here in Texas we took them on and got some good
medical—medical malpractice.""I firmly believe the death tax is good
for people from all walks of life all throughout our society."
—Waco, Texas, Aug. 13, 2002
"There was no malfeance
involved. This was an honest disagreement about accounting procedures. ...
There was no malfeance, no attempt to hide anything."—White House press
conference, Washington, D.C., July 8, 2002
"I also understand how
tender the free enterprise system can be."—White House press conference,
Washington, D.C., July 9, 2002
"Over 75 percent of white
Americans own their home, and less than 50 percent of Hispanos and African
Americans don't own their home. And that's a gap, that's a homeownership gap.
And we've got to do something about it."—Cleveland, Ohio, July 1, 2002
"Whether you're here by
birth, or whether you're in America by choice, you contribute to the vitality
of our life. And for that, we are grateful."—Washington, D.C., May
17, 2002
"I'd rather have them
sacrificing on behalf of our nation than, you know, endless hours of testimony
on congressional hill."—National Security Agency, Fort Meade, Maryland,
June 4, 2002
"We're working with
Chancellor Schröder on what's called 10-plus-10-over-10: $10 billion from the
U.S.,$10 billion from other members of the G7 over a 10-year period, to help
Russia securitize the dismantling—the dismantled nuclear
warheads."—Berlin, Germany, May 23, 2002
"Do you have blacks,
too?"—To Brazilian President Fernando Cardoso, Washington, D.C., Nov. 8,
2001
"This is a nation that
loves our freedom, loves our country."—Washington, D.C, May 17, 2002
"The public education
system in America is one of the most important foundations of our democracy.
After all, it is where children from all over America learn to be responsible
citizens, and learn to have the skills necessary to take advantage of our
fantastic opportunistic society."—Santa Clara, Calif., May 1, 2002
"After all, a week ago,
there were—Yasser Arafat was boarded up in his building in Ramallah, a building
full of, evidently, German peace protestors and all kinds of people. They're
now out. He's now free to show leadership, to lead the world."—Washington,
D.C., May 2, 2002 (Thanks to M. Bateman.)
"This foreign policy stuff
is a little frustrating."—as quoted by the New York Daily News,
April 23, 2002
"I want to thank the dozens
of welfare to work stories, the actual examples of people who made the firm and
solemn commitment to work hard to embetter themselves."—Washington, D.C.,
April 18, 2002 (Thanks to George Dupper.)
"And so, in my State of
the—my State of the Union—or state—my speech to the nation, whatever you want
to call it, speech to the nation—I asked Americans to give 4,000 years—4,000
hours over the next—the rest of your life—of service to America. That's what I
asked—4,000 hours." —Bridgeport, Conn., April 9, 2002 …(there are many
more)
]
51 Iraqi worshipers, 7 troops killed in church siege (Washington Post) [ Yes, and even more sounds of silence … which of course smells like napalm in the morning … you know … that victory thing. ] Suicide bomber in Iraq kills at least 26 people, many of them police (Washington Post) [ Ah, yes … those sounds of silence … the birthing of a new american-style democracy … like napalm in the morning … smells like victory … (lucky for them bush / bushies / neo-cons lied about those wmd’s) … and all for the sake of israel and the military industrial complex. ]
Election outcome may complicate Obama's
foreign policy (Washington Post)
[ Wow! That’s all this country
needs … a more self-destructive zionist-leaning foreign policy which, as
obvious to the rest of the world, ignores israel’s transgressions (ie.,
violations of international law, u.n. resolutions, nuclear non-proliferation
treaty, etc.) while focusing on geopolitically detrimental or otherwise,
non-events. I see an already zionist-leaning foreign policy with wobama and co.
which begs the question … What foreign policy? James Forrestal made the point
infra: ]
Obama
cites Indonesia as model for Muslims (Washington Post)[
Drudgereport: Obama slams israel from
Jakarta … [ Wow! Who woulda’ thunk it … Wobama growing gonads in Indonesia … He
is quite correct, albeit in one of those sparingly infrequent moments … But,
alas … he’ll be returning to ‘little israel’ soon (usa) and I’m sure his
rhetoric will return to typical pro-israeli (anti-american interest) actions
and words (b*** s***)! ]...
netanayahu takes Flight
Back...
Confronts Anti-israel
Reality/Truth Movement in USA...
China Ratings
Agency Downgrades America... ] In city he
once lived in as a boy, Obama heralds nation's "spirit of tolerance"
that allows mosques, churches and temples to co-exist in a democracy.
Deaths of four Americans reflect increasing
violence of Somali piracy (Washington Post) [ Drudgereport: U.S. Warship Tracking Yacht
Hijacked by Somali Pirates... [ I realize there are ‘laws of the
sea’ / codified bodies of law within that broad yet very specific category
called ‘maritime law’, none of which I know nor care to know (I’ll content
myself to knowing and seeing to the enforcement of american law as pertains to
me; viz., RICO http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm . I do know that these
somali pirates need killin’ and I further believe that open season on them including
using their boats in the water for target practice makes sense and certainly is
morally justified. I’m tired of hearing about those little weasels … you know,
‘the skinnies’. ]
Progress in Afghan war called 'uneven'
( Washington Post ) [ Uneven? Riiiiight! The real question
consonant with reality: Is there EVEN progress at all … just a little bit … un
petit peux … teeny weeny, itsy bitsy, one iota of progress … A resounding NO! …
unless you’re counting the magnitude of america’s defacto bankruptcy,
anti-american sentiment, etc.. ]
Visiting U.S. senators praise Afghan
progress, say drawdown date is unrealistic (Washington Post) [ I’ll
tell you what’s unrealistic: having compromised senators ( ie., non-war-heroe
senile mccain, closet homosexual graham, incompetent zelig zionist lieberman, new
york sinkhole slug Kirsten Gillibrand chided As 'Schumer's (zionist)
Little Girl' ) stay the course with already failed pervasively corrupt,
defacto bankrupt american policy … Paul
Craig Roberts: Government Abandoned Vietnam POWs Kurt
Nimmo |
John McCain worked overtime to make sure Vietnam POWs never came home. I think
the even bigger story vis-à-vis mccain is: http://www.albertpeia.com/heroenot.htm
‘Did you know that that so-called "american heroe" john mccain was
referred to by his fellow pows in Vietnam as something akin to the
"songbird" inasmuch as he was constantly "singing" to his
Viet-Cong captors to curry favor and better treatment? This has been documented
with authority by Colonel David Hackworth. The same violates military
code/protocol (other soldiers have been court-martialed for far less) click Here, Here. [ http://www.albertpeia.com/hackworth.htm
] But, you see, this covered up scenario, compromizing the false facade
of far less than a heroe, is exactly what a criminal (lie of a) nation as
america loves and encourages (get everyone's hands dirty so no-one dares to
rectify same, ie., bush, sr., clinton, bush, jr.). That is, "toe the
(corrupt, propagandized) line", become a criminal, or be exposed,
prosecuted, and/or ruined; and, hasn't anyone asked how "wall street"
has been "spared the spotlight" (and even was accorded protective
legislation from their criminal culpability) and focus of inquiry, attention,
and prosecution despite being the primary beneficiaries financial and otherwise
of these scams (you know the wall street motto, "churn and earn";
huge conflicts of interest if not outright fraud)…’…Oh and they so can afford
it Deficit
panel proposes huge cuts (Washington Post) [ Cuts? I heard the corrupt, incompetent lawmakers were giving
themselves a raise. They actually deserve at least a 10% paycut and abolition
of those lifetime appointments / permanent corrupt bureaucracies. Nothing
succeeds like failure and crime in pervasively corrupt, defacto bankrupt
america! ] Lawmakers propose curbs on Social Security, cuts in spending and tax
hikes if long-term goals aren't met.
Families remember USS Cole 10 years later
(Washington Post) [ If only Americans remembered the uss
liberty, they’d understand the israeli albatross strangling and bleeding the
life out of america as they have since that
fateful day.] In
the Middle East, it's still 1947 (Washington
Post) [ Indeed it should be! Among the few
times the cia was correct, and they’ve been trying to put square pegs in round
holes ever since, to america’s substantial detriment. I wonder what what those
american sailors of the US Liberty killed by the israelis would say?
USS
Liberty Survivor Threatened by Unknown Israeli This is what happened to Phillip F. Tourney, decorated war hero
and survivor of Israel’s premeditated attack on the USS Liberty 43 years ago.
On the evening of Aug. 6, Tourney was verbally threatened by a foreign national
claiming to work for the government of israel. As for the purported disdain
shown for war mongerer netanayahu, if only wobama’s actions matched his words,
the same would represent a major plus for him and the nation of america, so
sorely in need of pluses whether the same be budgetary or economic or geopolitical.
In fact, for America to abrogate 1948 would guarantee America’s survival,
prosperity, and global hegemony in the most positive sense. ]
The
Obama Deception Number 1 on U.S. Google Trends
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines.
In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Censorship
Alert: Obama Deception Illegally Removed from You Tube Made to look like a hack, Thought Police
Block Mega-Viral Anti-Establishment Documentary After More than a Year of
Dominating Viewcounts, Ranking #1 in Search Engines and Waking Up Millions to
the False Left-Right Paradigm Perpetuated by Obama.
Public
confidence in Obama reaches new low (Washington Post). Six in 10 Americans lack faith in Obama and
hold lower esteem for members of Congress, according to the latest Washington
Post-ABC News poll. Such stats as this tend to
typify scenarios as this where you break every significant campaign promise that got you elected, from
endless war (ie., Afghanistan, etc.) to not prosecuting the frauds on wall
street, and the growing realization of ‘typical’: Public confidence in Obama reaches new low (Washington Post) Six in 10 Americans lack
faith in Obama and hold lower esteem for members of Congress, according to the
latest Washington Post-ABC News poll. Such stats as this tend to typify
scenarios as this where you break every significant campaign promise that got you elected, from endless war (ie.,
Afghanistan, etc.) to not prosecuting the frauds on wall street, and the
growing realization of ‘typical’:
But
still it’s ‘hands off fraudulent wall street’ to theirs, the nation’s, and the
world’s detriment. Firms
subpoenaed in attempt to regain Fannie, Freddie losses (Washington Post).
But there’s a reason:
The following youtube video is well worth the look and explains
how and why the frauds on wall street have gotten away with their devastating
fraud thus far. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE
BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE
FED PROBE IN BLACK PANTHER CASE... ‘In
emotional and personal testimony, an ex-Justice official who quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims
...’ US v. AZ... Cases
against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has
promised to hold Wall Street accountable for the meltdown. ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1
– well worth a
look. [ The
Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak
the single-digit approval rate for congress, obama’s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of the
nation and a watered down nothing financial regulation bill for talking points
but little substance, make him as big a joker. This well researched / produced
video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the
view. [ The
Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’
Censored A viral You Tube upload of
one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been
censored following a spur of the moment campaign to elevate the movie’s title
to the top of the major internet search engines. In light of
this development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same if
incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative
‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
Ethics
code urged for Supreme Court
(Washington
Post) [ Sounds like a plan! Come on!
Wake up! After all, what can you expect from two guidos from ‘jersey (alito and
scalia, colloquial – note that I have refrained from using what some might
consider disparaging terms as w*p*, gui***s, or da***s … and let me state for
the record that I truly loved and respected my grandmother who was 100%
Italian/Bari,Italy and as well my grandfather/Lake Como,northern Italy with
greek ancestral roots and thereby claim standing/right to posit the criticism
in light of my direct experience. ). How ‘bout starting with enforcing laws as
to judges, liars, etc., within the very corrupted american illegal system; and,
particularly bribes which in one form or another are rampant . I don’t know
about Thomas, but I do know about alito and ‘jersey … :
October
15, 2010 (*see infra)
Steven M. Martinez, Assistant Director In Charge
Federal Bureau of Investigation, USDOJ
11000 Wilshire Blvd., Suite 1700
Los Angeles, CA 90024
Dear Sir:
I enclose herewith 3
copies of the within DVD rom autorun disk (which will open in your computer’s
browser) as per your office’s request as made this day (the disk and contents
have been scanned by Avast, McAfee, and Norton which I’ve installed on my
computer to prevent viral attacks / infection and are without threat). I also
include 1 copy of the DVD as filed with the subject court as referenced therein
(which files are also included on the aforesaid 3 disks in a separate folder
named ‘112208opocoan’). The (civil) RICO action (as you’re aware, the RICO Act
is a criminal statute which provides a civil remedy, including treble damages
and attorney fees, as an incentive for private prosecution of said claims
probably owing to the fact that the USDOJ seems somewhat overwhelmed and in
need of such assistance given the seriousness and prevalence of said violations
of law which have a corrupting influence on the process, and which corruption
is pervasive). A grievance complaint against Coan was also filed concurrently
with the subject action and held in abeyance pending resolution of the action
which was illegally dismissed without any supporting law and in contravention
of the Order of The Honorable Robert N. Chatigny, Chief Judge, USDC, District
Connecticut. The files below the horizontal rule are the referenced documents
as filed. (Owing to the damage to the financial interests of both the U.S. and
the District of Congresswoman Roybal-Allard, viz., Los Angeles, the
Qui Tam provisions of the Federal
False Claims Act probably would apply and I would absent resolution seek to
refer the within to a firm with expertise in that area of the law with which I
am not familiar).
The document in 5 pages under penalty of
perjury I was asked to forward to the FBI office in New Haven is probably the
best and most concise summary of the case
RICO Summary to FBI Under Penalty
of Perjury at Their Request (5 pages) [
ricosummarytoFBIunderpenaltyofperjury.pdf http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf ].
The correspondence I
received from the Congresswoman by way of email attachment (apparent but
typical problem with my mail) along with my response thereto is included on the
3 disks as fbicorrespondencereyes.htm . With regard to the
calls to the FBI’s LA and New Haven, CT offices: There was one call to the LA
office and I was referred to the Long Beach, CA office where I personally met
with FBI Agent Jeff Hayes to whom I gave probative evidentiary documents of the
money laundering which he confirmed as indicative of same (he was transferred from
said office within approximately a month of said meeting and his location was
not disclosed to me upon inquiry). The matter was assigned to FBI Agent Ron
Barndollar and we remained in touch for in excess of a decade until he abruptly
retired (our last conversation prior to his retirement related to the case and
parenthetically, Rudy Giuliani whose father I stated had been an enforcer for
the mob to which he registered disbelief and requested I prove it, which I did
– he served 12 years in prison, aggravated assault/manslaughter? – and no,
there is no Chinese wall of separation – Andrew Maloney’s the one that
prosecuted gotti).
In contradistinction
to the statement in said correspondence, there is a plethora of information
including evidence supporting the claims set forth in the RICO VERIFIED COMPLAINT (see infra). Such includes and as set
forth in the case, inter alia,
- A judgment had been entered in my
favor in the case, United States District Court Case
#3:93cv02065(AWT)(USDCJ Alvin Thompson), worth approximately now in excess
of $300,000 remains unaccounted for and which could be used for payment to
creditors, Los Angeles, etc..
- Counsel Robert Sullivan on my behalf
documented by way of certification upon investigation that Alan Shiff,
USBCJ, had falsely stated a dismissal upon which false statement he
predicated a retaliatory and spurious contempt proceeding against me
causing substantial damage, and for which he sought Judicial Notice of
those and related proceedings as did I in some of my filings.
- The Order of Dismissal With Prejudice
by Alan Shiff, USBCJ, owing to Defendant Coan’s failure to file anything
whatsoever by the court’s deadline causing creditors and me substantial
damages: [ Shiff Order of Dismissal With Prejudice
on Coan’s Failure to File Page 1 Page 2 ]
- Defendant Coan had filed an action
against me to prevent me from suing him which necessitated me to fly to
Connecticut for a hearing before The Honorable Robert N. Chatigny, Chief
Judge, USDC, District of Connecticut, who denied Coan’s requested relief as
to Coan but precluded my action against Shiff (although there is no
immunity, judicial or otherwise, for criminal acts, ie., fraud connected
with a case under Title 11, USC, etc.) . [ transcript in pertinent part
-
crossexamofcoanbypeia.pdf ]
- Newly appointed judge, Maryanne Trump
Barry, Donald Trump’s sister, was assigned the RICO case despite the
conflict of interest in light of hundreds of thousands of dollars of
illegal (drug) money being laundered through the Trump casinos by the RICO
defendants, and despite my motion to recuse her which motion she heard
herself and denied, and U.S. Trustee Hugh Leonard with whom I met
personally refused to join or file a separate motion to recuse and not
long thereafter left said office for private practice at Cole, Shotz, et
als on retainer with the RICO defendants as his primary client.
- Probative and evidentiary documents,
affidavits, exhibits, including those turned over to FBI Agent Jeff Hayes
in Long Beach, CA, had been given to Assistant U.S. Attorney Jonathan
Lacey with whom I met personally at the U.S. Attorney’s Office in Newark,
N.J., at which time Samuel Alito was U.S. Attorney, and went over said
documents and their probative value with him. Within approximately a month
thereafter upon inquiry I was told that Jonathon Lacey was no longer with
the office, that the file/documents could not be located, and that there
was no further information available concerning contacting him or his
location. I thereupon delivered by hand, copies of said documents to the
office of then U.S. Attorney Alito, addressed to him, with assurance they
would go directly to him. In addition to being
inept [ I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO
and the court (I had known / previously met outside of court the judge
Ackerman through a client) was absolute bedlam and a total joke since
incompetent corrupt Alito brought in all 20 mob defendants (rather than
prosecute one or a few to flip them first) who feigning illness had
beds/cots in the courtroom along with their moans during testimony and had
the jury in stitches. As much as I hate the mob, it truly was funny, if
not so tragic.], Alito is also
corrupt (and maybe corrupt because he is inept). After a reasonable (but
still rather short) time I called to determine the status and was told
that Alito was no longer with the Office of the U.S. Attorney, that he was
(appointed) a federal judge, and that neither the documents nor any file
or record of same could be located. Alito did parley the same / cover-up
into quid pro quo direct lifetime appointment to the Court of Appeals, 3rd
circuit, despite the absence of judicial experience or successful tenure
as U.S. Attorney (Maryanne Trump Barry as well). This is the same Sam
Alito that now sits on the purported highest court in the land. The real
application of the illegal rule ‘don’t ask, don’t tell’.
There is applicable insurance / surety coverage and neither LA, nor
creditors, nor I should continue to have been damaged by this brazened corrupt
and illegal scenario, which should be resolved in accordance with the
meaningful rules of law apposite thereto.
Sincerely,
Albert L. Peia
611 E. 5th Street, #404
Los Angeles, CA 90013
(213) 219-**** (cell phone)
(213) 622-3745 (listed land line but there are unresolved problems with
the line, computer connection may be the reason but I hesitate to chance
greater non-performance / worsening by their ‘fix’ so cell phone best for
contact).
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated. (10-15-10) I spoke with Rose, FBI, ADIC Secretary, who indicates
once again that your office has not received the aforesaid and which can
reasonably be presumed to have been tampered with, and hence, a violation of
the federal statute concerning same. ]
----------
*The foregoing and as
indicated therein was previously send 9-14-10 but delivery confirmation was
flawed as set forth below and my inquiries to the u.s. postal service rebuffed
(I believe tampered with inasmuch as your office could not locate same). This
cover letter (9-13-10) is on the 3 disks with navigable hyperlinks to the
subject files for ease of reference, including the files in the RICO action as
indicated.
-----
Label/Receipt Number:
0310 1230 0000 0862 8183
Expected Delivery
Date: September 15, 2010
Class: Priority Mail®
Service(s): Delivery
Confirmation™
Status: Delivered
Your item was
delivered at 10:14 am on September 15, 2010 in LOS ANGELES, CA 90024.
Track and
Confirm
Enter Label/Receipt Number.
Enter Label / Receipt
Number.
Detailed
Results:
Bullet Delivered, September 15, 2010, 10:14 am, LOS
ANGELES, CA 90024
Bullet Arrival at Post Office, September 15, 2010,
4:12 am, LOS ANGELES, CA 90024
Bullet Processed through Sort Facility, September 14,
2010, 8:29 pm, LOS ANGELES, CA 90052
Bullet Acceptance, September 14, 2010, 4:04 pm, LOS
ANGELES, CA 90017
----
Sent Postage Prepaid: United States Mail - VIA Priority
Mail, Delivery Confirmation and VIA Certified Mail this 5th day of October,
2010.
Signed:
___________________________________
Albert L. Peia
Judges
rule without title, lenders can't foreclose (Washington Post) [ Rules of law? I didn’t think
they cared. That’s certainly the direct experience I’ve had with the
pervasively corrupt american legal / judicial system (along with the other two
branches of the u.s. government and defact bankrupt america generally). Court
decisions could call into doubt the ownership of mortgages, raising urgent
challenges for both the real estate market, wider financial system. Connecticut,
California join probe of Ally (Washington Post) [I’d be much more impressed if they initiated a probe of more
readily discernible criminal offenses in violation of the RICO Act http://albertpeia.com Frauds/Liars
(sic-lawyers)Covering Up for Other Frauds/Liars (sic-lawyers). In Productive
Societies as China, Japan, etc., Fraudulent Liars (sic-lawyers) and the
Fraudulent u.s. System They're a Part of Are Unheard Of/Non-existent. List of
Files Regarding Filed Attorney Grievance Against Fraud coan et als Or Here For A Clearer View Of
Filed
Grievance Complaint, Response, Exhibits, and Related RICO Filings Note the Committee of
Frauds/Liars (sic-lawyers). Included are DOJ Rep., State Court Rep., State
Atty. General Office Rep., and even a Vegetable Garden yale law prof who
probably never practiced law in his life. How Pathetic! http://albertpeia.com/fbiofficela91310
] Justice:
FBI improperly opened probes
(Washington Post) [ I just hope
they’re as zealous (in probing readily discernible crime) with regard to my
RICO matters and the corruption in the (judicial / legal) process since, in the
final analysis, it will have been the corruption within that will have brought
the nation down irrevocably and totally.
Part
2: Woodward's 'Obama's Wars' Don't
get 'locked into Vietnam,' Biden warns (Washington Post) [ Yeah,
when you have a lobotomized VP you tend not to trust their opinion; but, I
think they just cover their bases … you know, that Kerryish both sides of all
issues thing. In any event, wobama bought this continued debacle and bears
fault with the other zionist war mongers. Previously (on Iraq and Afghanistan,
infra): Obama:
'It is time to turn the page' on Iraq war (Washington Post) [ Oh come on! How
patronizing to have wobama spew his b*** s*** which b.s. has become synonomous
with wobama; ‘to give Iraqis the chance to shape their future’… Iraq’s
been destroyed, covered in cancer-causing depleted uranium, america’s defacto
bankrupt, etc. If only teleprompters had a brain of their own. ] He says the U.S. "has paid a
huge price" to give Iraqis the chance to shape their future -- a price
that now includes more than 4,400 U.S. dead.
) On Thanksgiving weekend in 2009, Vice President Biden counsels
President Obama about sending more troops to Afghanistan.
• Full
coverage: 'Obama's Wars'
• Audio:
Obama on length of the war
• Audio:
Obama on attack possibility
• Audio: Obama on terrorism tactics
A subtler tack to fight Afghan corruption?
(Washington
Post) [ How about a not so subtler tack
to fight corruption starting right here in the u.s. of a. where corruption and
crime are pervasive and in fact, at the root of the Afghanistan problems, from
american reinvigorated heroin trade to bribery attendant thereto to killing
civilians, etc.. Defacto Bankrupt, Meaningfully Lawless,
War Criminal Nation america, the leader of nations … in crime:
Though having but 5% of the world’s population, america can
boast 76% of the world’s serial killers, followed by Europe with England/UK
then Germany leading the way for the eu [excerpt, 6 minute video, Serial
Killers: Real Life Hannibal Lechters http://www.albertpeia.com/realifeamericaserialkillers.mpg (as is consistent with crime generally,
see infra)]. Defacto bankrupt, fraudulent america also spends more on offensive
(defensive a misnomer / propaganda) military spending than all the nations of
the world combined, and by a large margin at that. Do you see a pattern
emerging here [ I unfortunately only belatedly did, and the feds, fed
employees, cia, all 3 branches of the u.s. government, etc., are included in
this evolved american trait of inherent criminality in the most nefarious sense
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) ]:
CRIME STATISTICS >
TOTAL CRIMES (MOST RECENT) BY COUNTRY SHOWING LATEST AVAILABLE DATA (america’s No. 1).
|
Rank |
|||
|
# 1
|
11,877,218 |
|
|
|
# 2
|
6,523,706 |
|
|
|
# 3
|
6,507,394 |
|
… ]
Goldman
agrees to pay $550M (Washington Post) My own
skepticism based on the disparate numbers (the size of the frauds compared to
the relatively small fine) and as set forth in the initial reactions /
headlines that immediately follow has been allayed somewhat by an interview on
NBR with former SEC head Ruder who explained the very narrow scope of the
settlement which in no way shelters goldman from the huge frauds they have
perpetrated. So long as this is true in fact as well as law and in application,
the SEC deserves praise as has been so under the auspices of ‘Mother Mary’ who
appears to have the gonads lacking in prior SEC heads. The
frauds on wall street et als should be criminally prosecuted, jailed, fined,
and disgorgement imposed.
Iran
connects U.S./israel to deadly blasts I believe Iran!
‘West,
israel linked to SE Iran blasts’ A
ranking official with the Islamic Revolution Guards Corps (IRGC) has implicated
“the us, israel and some european countries” in the deadly blasts in the
southeastern Iranian city of Zahedan.
De-classified
Vietnam-era Transcripts Show Senators Knew Gulf Of Tonkin Was A Staged False
Flag Event Over 1,100 pages of previously classified Vietnam-era
transcripts released this week by the Senate Foreign Relations Committee
highlight the fact that several Senators knew that the White House and the
Pentagon had deceived the American people over the 1964 Gulf of Tonkin
incident.
Wall
Street Is Laundering Drug Money And Getting Away With It Zach
Carter | Wachovia was moving money behind literally tons of cocaine
from violent drug cartels. It wasn’t an accident.
Vegetable
zionist Zelig joe lieberman’s Model For America: Purging The Internet of
Dissent When political Zelig joe lieberman attempted to justify draconian
legislation that would provide President Obama with a figurative kill switch to
shut down parts of the Internet, he cited the Chinese system of Internet
policing as model which america should move towards
Stepped-up
efforts fail to stem drug money (Washington Post) [ Come on! Wake up! That’s american, yes
american big business. The stuff that the war in Afghanistan is made of; viz.,
ie., heroin, etc.. ]Stashing cash in spare tires, engine transmissions and
truckloads of baby diapers, couriers for Mexican drug cartels are moving tens
of billions of dollars in profits south across the border each year, a river of
dirty money that has overwhelmed U.S. and Mexican customs agents.
Carlyle-owned
toy supplier files for bankruptcy (Washington Post) [ What is a
bush-involved company of paper (leveraged instruments, etc.) pushers doing with
any company doing business in the u.s. or elsewhere for that matter. The bushes
are vegetables who really can’t do anything well, except maybe, war, war
crimes, fraud, illegal drug deals (Iran contra, etc., http://albertpeia.com/CIAAgentAffidavit1.jpg
) ]
State Dept. faces skyrocketing costs as it
prepares to expand role in Iraq: Waning resources could endanger security
gains, lawmakers are told (Washington
Post) [ The ‘new never ending story’!
america’s defacto bankrupt! Dat’s the story, jerry! What gains? Iraq’s
destroyed. Iraq’s ‘covered’ in depleted uranium. The people are devastated.
america’s defacto bankrupt. Come on! We’re getting close to biblical stuff
here! There’s just no excuse for this compounding of war crimes committed by
the u.s. and ‘friends’.]
Mideast Digest: Iran's Ahmadinejad
calls for regional solution to Afghan crisis (Washington
Post) And appropriately so, as leader of a nation in the region as opposed to
invading nations from outside the region (particularly as one targeted by
assassins the likely assigns of those outside the region).
One of those … Daaaaah! Moments
… Panetta says Afghan progress slower than
expected Los Angeles Times -
Days after President Obama installed a new US military commander in
Afghanistan, CIA Director Leon E. Panetta conceded Sunday that progress in the
war has been "harder" and "slower than I think ...
Panetta says Afghan insurgents show no real interest in
reconciliation talks Washington Post
CIA Retains Controversial Security Firm in Afghanistan Wall Street Journal CIA:
AFGHAN PROGRESS 'SLOWER' THAN ANTICIPATED… Daaaaah! ...
GOP chairman: Afghan 'war of Obama's choosing' (AP) -
Republican chairman Michael Steele drew criticism from within his own party
Friday, including calls to resign, after saying the 9-year-old commitment of
U.S. troops to Afghanistan was a mistaken ... [Steele is quite right and wobama
and war facilitators deserve criticism; not
Steele.]
Judge: 'Don't ask, don't tell' is
unconstitutional (Washington Post) [ Well, we
all know that judge walker is alledgedly a homo, so the question here is
whether judge phillips is a lesbian… just kidding! Not to slight homosexuals
but to emphasize judicial bias / corruption which is pervasive in america and
I’ve observed, experienced, and have been substantially damaged by pervasive
and systemic corruption in the american judicial process which has become more
blatant and which justifies the abolition of these costly, corrupt lifetime
appointment / bureaucracies. The fact is that ‘don’t ask, don’t tell’ is the
policy throughout the pervasively corrupt federal system which is indeed as
illegal as it is unconstitutional!
( http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
). ]
Ex-Justice
official: CIA may have exceeded limits (Washington
Post) Wee doggies! This sounds like the
stuff that SNL Weekend Update ‘Really’ skits are made of; also fitting into
that list of queries as, ‘Is the Pope Catholic?’, ‘Do bears **** in the
woods?’, etc.. Come on! Wake up! This
is the kind of complicit cover-up / corruption found betwixt and between all
three branches of the u.s. government leading ineluctably to america’s current
decline and to which I’ve attested under penalty of perjury in the context of
the RICO litigation [ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
].
Wall
Street Is Laundering Drug Money And Getting Away With It Zach
Carter | Wachovia was moving money behind literally tons of cocaine
from violent drug cartels. It wasn’t an accident.
There is really no way to
rationalize or attempt to justify what america is / has become since they have
with open eyes chosen this contra-indicated course of ineluctable decline, from
illegal wars, to war crimes, to backing war criminal nations as israel, to huge
frauds, to war profiteering, to illicit drug trafficking and money laundering,
and this list goes on and on …:
(Previously) I’d say this
alito vs. wobama is a tempest in a teapot inasmuch as alito is more than just a
lightweight, hack, liar, fraud etc., as set forth in the comments. alito is a
criminal who should have served / should be serving time in prison for
obstruction of justice, bribery, among other RICO violations. To alito, drug
money is as green as corporate money and worth his vote as well. In addition to
being an inept [I looked in on the one mob case he had brought, bungled, lost
(accidently on purpose?) since I was suing some mob-connected under RICO and
the court (I had known / previously met outside of court the judge Ackerman
through a client) was absolute bedlam and a total joke since incompetent
corrupt alito brought in all 20 mob defendants (rather than prosecute one or a
few to flip them first) who feigning illness had beds/cots in the courtroom
along with their moans during testimony and had the jury in stitches)] and
corrupt (see below and particularly the summary provided to the FBI under
penalty of perjury [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
] ) u.s. attorney.
You’re naïve to think
that the so-called supreme court is any different from the rest of the
meaningfully lawless and pervasively corrupt american ‘system’. I knew well an
accomplished trial lawyer, fellow american college of trial lawyers / and a bar
examiner, who pondered from time to time becoming a judge “so he’d never have
to work again” – his words.
Some comments on
alito…all appropriate:
Probably the worst appointment in one
hundred years.
Posted by: mnjam
-----------------------
Really? That's a pretty sweeping
statement to make about someone who's only been on the court a short few years.
And I thought that liberals were in
universal agreement that Clarence Thomas was the worst appointment in all of
history?
Posted by: blert | January 28, 2010 2:11
AM | Report abuse
----------------------------
Yes. Really. Alito is a total lightweight and hack. He makes Thomas look like
John Marshall or Oliver Wendell Holmes. I KNOW ALITO.
Posted by: mnjam | January 28, 2010 2:24 AM |
the loser here is alito.lost his composure not good for a judge especially
afederal or supreme justice .loser big time this will live with guy for a very
time.roberts and the other justices will have a talk with him that is a
given.this relly larger than o one day news cycle.
Posted by: donaldtucker | January 28, 2010 1:12 AM |
Should Alito resign or be impeached?
Posted by: jdmca | January 28, 2010 1:05 AM |
Manchurian
Candidates: Supreme Court allows China and others unlimited spending in US
elections Greg Palast | Our future elections may
come down to a three-way battle between China, Saudi Arabia and Goldman
Sachs. Call
For Immediate Arrest of 5 Supreme Court Justices for Treason Gordon
Duff | The bloated corpse we are creating in Washington is emitting a
stench we can no longer abide. The aforesaid would be
shocking to anyone without a modicum of knowledge of the reality of pervasive
corruption within the u.s. courts themselves and america generally, including
all three branches of the u.s. government.
Ron
Paul: After ‘CIA coup,’ agency ‘runs military’ US House Rep. Ron Paul
says the CIA has has in effect carried out a “coup” against the US government,
and the intelligence agency needs to be “taken out.” I also personally
believe there has been a defacto coup d’etat which has manifested in
various substantial, blatant, brazened frauds, ie., wall street, missing 360
tons of $100 bills in Iraq, war profiteering, etc., without any fear of
prosecution, and of course concomitant decline for u.s. as the treasury is
looted. But I also believe its scope is beyond just the CIA with many complicit
within the corrupted 3 branches of u.s. government (fed judges, us attorneys,
illegal system, etc.) plus the military and private big money, ie., Goldman
Sachs / wall street men, etc., among other organized crime. america is defacto
bankrupt in every way!
Rendition:
Where the War on Terror Meets the War on Drugs Patrick Henningsen
| It’s time to ditch the policies we have come to tolerate for decades before
they consume what is left of our moral core. I’ve experienced the corrupt
inter-relationship of the government (all 3 corrupt branches) and the illegal
drug trade / obstruction of justice / bribery first hand, particularly the
courts / u.s. attorneys offices (ie., alito – now u.s. supreme court justice –
quid pro quo for his complicity / cover-up), feds; see immediately after
article excerpt for links / summary.
…“Evidence points to aircraft – familiarly
known as “torture taxis” – used by the CIA to move captives seized in its
kidnapping or “extraordinary rendition” operations through Gatwick and other
airports in the EU being simultaneously used for drug distribution in the
Western hemisphere. A Gulfstream II jet aircraft N9875A identified by the
British Government and the European Parliament as being involved in this
traffic crashed in Mexico…” In 2004, another torture taxi crashed in a field in
Nicaragua with a ton of cocaine aboard… Mexican soldiers found ..132 bags
containing 3.3 metric tons of cocaine. The origination of the Gulfstream’s
flight is unknown but it was destined for Cancun when it crash landed. Again,
here is the important point: that same Gulf Stream II was one of the very same
planes chartered to the CIA for the rendition of suspected terrorists
prisoners. Gulf Stream II crashed in Mexico with 3 tons of
cocaine on board ..it should not be surprising that this illegal practice of rendition
has in some part, been used as a well-run smokescreen for another
borderless illegal operation- an extremely lucrative international transfer and
delivery of cash and narcotics.,,These
flights are not subject to regular customs checks, inspections or normal
regulations as they move seamlessly between destinations in the US, Britain,
Europe, Middle East, Central Asia, Cuba and possibly through US bases in
Turkey, Greece and Morocco…
Corrupt u.s. courts /
judges: Their lifetime plush appointments should be abolished, which corrupt
entities are unheard of in productive societies as China, Japan, etc.. Time to
abolish these drags on society and eliminate their lifetime stipends and costly
bureaucracies. Rules of law mean nothing to these typically corrupt americans.
Most, including sam alito of the u.s. supreme court, concerning drug
money laundering and obstruction of justice in the 3rd circuit (
also maryanne trump barry who covered-up drug money laundering through her brother’s
casinos in a civil RICO case) should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of war is
great for such things (360 tons $100 bills flown into Iraq and missing, etc.).
[ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]. america’s just a fraudulent and failed defacto bankrupt nation.
NSA beats
warrantless wiretap rap A Federal judge has dismissed a complaint against
the National Security Agency’s (NSA)
Corrupt u.s. courts /
judges: Their lifetime plush appointments should be abolished, which corrupt
entities are unheard of in productive societies as China, Japan, etc.. Time to
abolish these drags on society and eliminate their lifetime stipends and
corrupt costly bureaucracies.
There must be such things
as parallel universes (I don’t really believe that, because there isn’t) or how
else do you explain the disconnect between reality, current and prospective,
and the wet dreams posited to keep the war funding / corporate welfare programs
alive in collectively what has already become a trillion dollar boondoggle (not
counting prospective medical costs, etc.) and promises to go much higher. Even
israel apologist Cohen of The Washington Post alludes to the Vietnam analogy.
However, even if there were real goals beyond the poppy / heroin trade which
the Taliban had all but eradicated (there isn’t); even if america wasn’t
defacto bankrupt (america is); even if america wasn’t killing innocent
civilians in large numbers (war criminal nation america is); even if america’s
allies haven’t similarly helped to bankrupt themselves by way of this war (they
have); even if I hadn’t told you so (I did) ….. this war still was, is, and
remains a very bad idea!
Afghan
war overtakes Vietnam to become the longest conflict in U.S. history Mail
Online | The war entered its 104th month yesterday, with 30,000 American
troops being deployed in the first half of this year alone.
How
does anyone take the u.s. seriously in light of their credibility problems, war
crimes, etc.? What nuke technology israel didn’t steal from the u.s., the u.s.
gave them along with missile, armaments, etc.. and paid for with taxpayer money
that u.s. taxpayers and the defacto bankrupt nation don’t have.
It's time to expel
israel from the UN Without doubt, the israeli attack on the Gaza-bound
"Freedom Flotilla" in the dawn of Monday, May 31, 2010 is one of the
most savage crimes in recent history. It seems the ruling power in Tel Aviv has
been afflicted with a variant of mad cow disease; otherwise, how could it be so
cruel to unleash such a beastly raid on the "Mavi Marmara," the
Turkish flagship of a flotilla carrying medical and humanitarian supplies to
the hapless people of Gaza Strip?
The
israeli Spin-Machine in Overdrive: dershowitz to the Rescue? Armed
Israeli commandos, the elite of the elites, rappelled to the deck of a Turkish
ship carrying humanitarian relief supplies to the 1.5 million prisoners in the
Gaza concentration camp.
You
think Iraq was bad? Invading Iran ‘would be lunacy’ Ivan Eland, Director of
the Center on Peace and Liberty at the Independent Institute in Washington DC,
gives his opinion on new sanctions imposed on Iran.
I include
the first two comments to the foregoing headline:
Billo Says:
June 11th, 2010 at 6:15
am
Lunacy? Keep in mind
that this country is run and controlled by lunatics. Our press government and
military seem to take their orders from Israel. Isarel wants to be known as a
pack of “mad dogs. Do we want “mad dogs” controlling us?
Here we see a bunch of phony accusations against Iran just
like we did in the run up to the bogus wars in Iraq, Afghanistan and now
Pakistan. The boy has cried wold ten thousand times. It’s time to identify the
“lunatics” and kindly take away the car keys. If you won’t let your friends
drive drunk, why do we let a bunch of “lunatic” enemies run this place.
Glen Reply:
June 11th, 2010 at 6:47
am
Lunacy it would be.
But it is also to their
great credit that the Iranians have not made their own threats.
Everyone knows there are
3 WMD threats, Nuclear Biological and chemical. The scariest of which is
Biological.
Any attack done under
the threat of immediate biological retaliation would deter only the insane.
Watch out america home
of the insane, home of the leaders who want an 80% population reduction.
General
McChrystal’s Burning Contempt for the Puppet Obama The farce that is the
war in Afghanistan is coming apart at the seams. General Stanley McChrystal’s
sharp comments about Obama, Biden, and the administration published by Rolling
Stone are not so much about disrespect, as the script-reading corporate media
talking heads would have it, but rather about a policy in disarray in
Afghanistan.
Gaza blockade illegal,
must be lifted — UN rights official Israeli blockade of Gaza
unsustainable: White House US Jewish opinion
and the ‘Beinart moment’ The controversial book, The Israel Lobby, in which
the political scientists, John Mearsheimer and Stephen Walt, argued that US
foreign policy has been hijacked by organized Zionism went strangely unnoticed
by the leading journal of American intellectual opinion, the New York Review of
Books. Doubts Grow Over Israel’s Value as U.S. Ally Jim
Lobe | The notion is that Israel and its actions have since the Cold
War increasingly become a “strategic liability” to U.S. interests in the
region.
Paul
Craig Roberts: Government Abandoned Vietnam POWs Kurt Nimmo
| John McCain worked overtime to make sure Vietnam POWs never came home. I
think the even bigger story vis-à-vis mccain is: http://www.albertpeia.com/heroenot.htm
‘Did you know that that so-called "american heroe" john mccain was
referred to by his fellow pows in Vietnam as something akin to the
"songbird" inasmuch as he was constantly "singing" to his
Viet-Cong captors to curry favor and better treatment? This has been documented
with authority by Colonel David Hackworth. The same violates military
code/protocol (other soldiers have been court-martialed for far less) click Here, Here. [ http://www.albertpeia.com/hackworth.htm
] But, you see, this covered up scenario, compromizing the false facade
of far less than a heroe, is exactly what a criminal (lie of a) nation as
america loves and encourages (get everyone's hands dirty so no-one dares to
rectify same, ie., bush, sr., clinton, bush, jr.). That is, "toe the
(corrupt, propagandized) line", become a criminal, or be exposed,
prosecuted, and/or ruined; and, hasn't anyone asked how "wall street"
has been "spared the spotlight" (and even was accorded protective
legislation from their criminal culpability) and focus of inquiry, attention,
and prosecution despite being the primary beneficiaries financial and otherwise
of these scams (you know the wall street motto, "churn and earn";
huge conflicts of interest if not outright fraud)…’
Coalition wants UK space lift-off [ Don’t make me laugh! ]
Israel’s
Nukes Out of the Shadows Israel faces unprecedented pressure to
abandon its official policy of “ambiguity” on its possession of nuclear weapons
as the international community meets at the United Nations in New York this
week to consider banning such arsenals from the Middle East.
NASA wants mission to bring Martian rocks to Earth (AP) Why?
They already have that and more:
Launch
of secret US space ship masks even more secret launch of new weapon
The
Militarization of Outer Space: The Pentagon’s “Space Warriors” Global
Research | It’s not as if things aren’t bad enough right here on
planet earth. Now the Defense Department wants to up the stakes with new,
destabilizing weapons systems that will transform low- and high-earth orbit
into another “battlespace.”
buzz
aldrin wants to colonize Mars … Riiiiight buzzed! Better check with DePalma to
see if he already has the footage in the can since you won’t be able to use the
moon footage for the new boondoggle video ...
OBAMA
SPEECH OUTLINES PLANS FOR RETURNING DEFACTO BANKRUPT U.S. TO SPACE – OOOOOH!
SOUNDS LIKE A PLAN … FOR INNER SPACE (IMAGINATION).
NASA's New Asteroid Mission Could Save the Planet Space.com - - CAPE CANAVERAL, Fla. -
President Barack Obama set a lofty next goal this week for Americans in space:
Visiting an asteroid by 2025. Obama's asteroid goal: tougher, riskier than moon The Associated Press Obama calls for NASA to focus on trips to Mars and beyond Computerworld
New Boondoggle promised to save NASA boondoggle defacto bankrupt budget piece
of pie. And don’t forget, Bruce Willis and Ben Affleck, et als, have
already done this so it’s not as if they’re starting from ‘ground zero’, so to
speak; and Brian DePalma already has ‘Mission to Mars’ in the can, but beware
say the producers of ‘Species II’ since Eve, the cloned daughter of Sill, might
want to mate with astronaut Paddy Ross who has returned from Mars as a space
alien host body.
First fake moonwalker blasts Obama's space plan msnbc.com - -
The first man to pretend to walk on the moon blasted President Barack Obama's
decision to cancel NASA's back-to-the-moon program on Tuesday, saying that not
going with the new movie is “devastating” to america's boondoggle spaced out
effort. Fake dutch 'moon rock' revealed a treasured
piece at the dutch national museum - a supposed moon rock from the first manned
lunar landing - is nothing more than petrified wood, ...bbc news bbc news |
europe | fake dutch 'moon rock' revealed prized moon rock a fake - a piece of
moon rock given to an overseas politician by the united states is actually a
lump of petrified wood, museum authorities revealed yesterday. ... 'Moon rock'
in dutch museum is just petrified wood aug 27, 2009 ... Fake moon rock at dutch
national museum. Rijksmuseum / ap. This rock, supposedly brought back from the
moon by american astronauts, ... http://www.albertpeia.com/moonfraud.htm
In reality it is just a piece of petrified wood ... Another piece of evidence
that shows again that apollo program is indeed a fake and a typical american
fraud!
![[picture]](http://static.seekingalpha.com/uploads/2011/3/10/763684-129977486355362-ChartProphet_origin.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/3/10/763684-12997769350172-ChartProphet_origin.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/3/10/763684-129977715739005-ChartProphet_origin.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/3/10/763684-129977749528191-ChartProphet_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/3/10/763684-12997777169301-ChartProphet_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/3/10/763684-129977813616861-ChartProphet_origin.png){kind=link}
![[picture]](http://static.seekingalpha.com/uploads/2011/3/10/763684-129977889626867-ChartProphet_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/3/7/saupload_consumer_credit.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/16/98115-129515622388685-John-Lounsbury_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/16/98115-129515629939612-John-Lounsbury_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/16/98115-129515637820833-John-Lounsbury_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/2/11/782529-129745720166259-Rolf-Norfolk_origin.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/2/11/782529-129745880504136-Rolf-Norfolk_origin.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/2/9/saupload_manufacturing_output_vs_jobs.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/2/9/saupload_goods_manufacturing_trade_and_employemnt.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/2/9/saupload_manufacturing_jobs_per_million.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/2/9/saupload_manufacturing_jobs_exported_per_year.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/2/9/saupload_manufacturing_jobs_exported_cummulative.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/25/486551-12959921770214-Jim-Kopas_origin.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/25/486551-12959938508212-Jim-Kopas_origin.jpg){kind=link}
![[picture]](http://static.seekingalpha.com/uploads/2011/1/21/saupload_coyote.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/21/saupload_01_20_11earnings_season.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/21/saupload_01_20_11_bull_market_gains.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/21/saupload_01_20_11_volume.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/6/saupload_iamge465.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/6/saupload_iamge466.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/6/saupload_iamge467.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/6/saupload_iamge468.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2011/1/6/992-129431778077757-Richard-Suttmeier_origin.jpg){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2010/12/24/369683-129323449648101-Kimball-Corson_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2010/12/24/369683-129323460147308-Kimball-Corson_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2010/12/24/369683-129323487978068-Kimball-Corson_origin.png){kind=link}
![[chart]](http://static.seekingalpha.com/uploads/2010/12/24/369683-129323512068093-Kimball-Corson_origin.png){kind=link}
http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv
Editorial: US in
quagmire Seeing the warm welcome extended to the Afghan president on his US
trip, it is hard to believe that only weeks ago Washington was seething with
anger and frustration at Hamid Karzai’s behavior and there were even dark
mutterings by US officials that he might be mad.
War
in Afghanistan and Iraq costs America $1trillion From the Old
| On May 30th at 10:06 the United States reached the point where they have
spent $1trillion on the wars in Afghanistan and Iraq.
Sinking
of the Cheonan: A Classic False Flag Operation Russia Today
| Sinking of the warship was really intended to convince Japan not to move US
forces off Okinawa as well as divert the attention of Americans from the dire
economic situation at home.
. Israel:
IDF Troops Who Murdered Unarmed Innocent People Are ‘Brave Heroes’ The
government of israel, aided by many quarters of the international media, is
attempting to spin today’s deadly IDF assault on a humanitarian aid ship
carrying supplies to Gaza as the fault of the murdered activists on board the
vessel, ludicrously characterizing machine-gun carrying Israeli troops who
killed over a dozen innocent people as the victims of the incident.
Murder on the high seas
JERUSALEM: Israeli marines stormed aid ships bound for Gaza on Monday and at
least 10 rights activists were killed, triggering a diplomatic crisis and an
emergency session of the UN Security Council. European nations, as well as the
United Nations and Turkey, voiced shock and outrage at the bloody end to the
international campaigners' bid to break Israel's blockade of the Gaza Strip
Israeli
American Microbiologist Linked to Deadly Fungus Kurt Nimmo
| A report links labs in the United States and Israel to the Cryptococcus gatti
fungus that has killed several people in the United States.
Iraqi
doctors demand cancer probe Al Jazeera | Iraqi
doctors believe depleted uranium from US military equipment used in the 2003
invasion is spreading cancer through the population. [This is all too true and
real; and I’m surprised this hasn’t gotten more attention, coverage … well,
maybe not that surprised ].
Anthropologists adopt a more favorable view
of Neanderthals (Washington Post) [ Well, I’m a bit
surprised and somewhat disappointed that with a little more effort, rather than
rely upon inference, they could have taken a trip to the new york / new jersey
/ connecticut metropolitan area (etc.) and observed directly these lower
italian modern-day archaic humans! Then there are the other modern day archaics
/ ape-like creatures that warrant greater scrutiny. ]
"What
this means is that Neanderthals are not totally extinct. In some of us, they
live on," Paabo … With regard to that extinction thing, I’d say
they’re still working on it (ultimately, decades, extinction, the distinction,
without a difference). Actually, prior to studying the compelling subject
of Biological Anthropology (Michael Park text), I too had some misconceptions
about the group known as Neandertals (recent spelling drops the ‘h’) and
actually mis-referenced same by the stereotypical image of members of said
clade even as the debate continues as to whether they are within the species homo
sapiens or a separate species. I believe these to be distinctions without
important differences, so humble the origins and evolution of man truly are.
Parenthetically, I wonder what that anthropological scientist Heidi Klum thinks
on the subject.
Neanderthals, Humans Interbred, DNA Proves
Signs of Neanderthals Mating With Humans -
Neanderthals mated with some modern humans
after all and left their imprint in the human genome. Genome
hints humans, Neanderthals rolled in prehistoric hay
You're a Neanderthal: Genes say yes — a little bit (AP) Neanderthals
and people interbred, fossil analysis finds For more info on man’s
humble beginnings, see
here
http://www.albertpeia.com/anthroindex1.htm [ I’m adding
this here, having seen while flipping channels an anthropologist talking up
somewhat speciously the brain size of Neanderthals. The important but missed
point here was potential ‘brain-power’ unrealized. Think of it this way: In the
life-threateningly cold climes they inhabited, pre-occupation with warmth,
fire, wood for fire, food, mere survival usurped all their waking moments. Have
you ever tried to study, learn, think clearly (and new thoughts / neurogenesis
thereby) under such harsh and perilous conditions; successfully? Neither could
they. ]
Previously
I wrote:
FOUND: MISSING LINK BETWEEN APES AND MAN....
These stories, and the many like it, are old news and I subscribe to the more
studied view that there is no “missing link” per se and in my view they are
distinctions without significant differences. I previously wrote:
To
Learn More About From Whence Man Came, This Link's For You
[To the
Professor at the beginning of the course]
10-5-09
Postscript: Professor *****,
I felt compelled to thank you again for the add; not to curry your favor but
indeed to express profound thanks inasmuch as this is probably the last formal
course at a formal educational institution I'll ever take; and among the most
important. While I had bought at discount a library-discarded 1993 Anthropology
by Embers text, though meaning to read same never quite got to it. I am
astounded by the substantial amount of time involved in the evolutionary
process, not that I ever stopped to think about it, and one must come away with
the sense of 'and all that...for this?'. This course should be required
curriculum along with psychology, sociology, etc., but probably won't be owing
to what is, as it should be, a very humbling educational experience for any
member of the human race.
Regards,
Al Peia
[Interestingly, my intuitive (but unstudied) thoughts prior to
closer examination of the compelling subject of Biological Anthropology remain
what I believe to be the correct scenario. Specifically, very simply stated,
for the most part, the more “enlightened” (but not by much; by mutation,
accident, luck, intervention, etc.) left the unvarying confines of their
Sub-Saharan origins, experienced diverse new environs, challenges, etc.,
experienced what has been described (by neuroscientists, psychologists, etc.)
as neurogenesis in varying degrees and forms thereby over time, which trait was
selected for and is consistent with the purported multi-regional evolutionary
model which does not overtly contradict ultimately, initial African origins.
Races, sub-species, missing links, etc., are subsumed in this very humbling and
sorrowful tale of the “dawn of man”.]
[Abolish the corrupt, costly, economically wasteful
lifetime extravagantly appointed federal courts - see RICO case [ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
Don’t
Tread On Me: A Refresher Course on the Constitution
Roman Polanski freed after Swiss reject U.S.
extradition request (Washington Post, July 13, 2010) Without diminishing in any way the seriousness of the crime, this
result is the direct consequence of the growing global recognition of the
pervasiveness of corruption in american courts, state and federal, and america
generally; so much so, that said corrupt american courts cannot be relied on
anywhere, anytime. Indeed, my own sampling, though hardly random to be candid,
is 5 for 5 (new jersey, new york, connecticut, virginia, california)
pervasively and egregiously corrupt to the point where these costly, corrupt
bureaucracies should be abolished and supplanted with alternatives as I’ve
previously set forth in prior comments.
/ Though Assange’s arrest was
on far more tenuous grounds owing to a CIA-linked girl, Roman Polanski was
similarly targeted:BBC
News - Roman Polanski triumphs at European Film Awards Dec 5, 2010
... Roman Polanski's thriller The Ghost
Writer wins six prizes at the European ... Polanski
was working on the film at the time of his arrest in ... www.bbc.co.uk/news/entertainment-arts-11921048 {I strongly recommend this, of course,
masterfully done film which deals with exactly that topic and the sordid,
unscrupulous machinations of the cia / u.s. (no wonder the u.s. opted out of
coverage by world treaty / The Hague thereby) to avoid detection of, and to
further such activities as the war crimes referenced.}
BUDGET
CRISIS PUTS LOS ANGELES COURT SYSTEM AT RISK ... [Judge sends Lohan to jail for probation violation (AP) – They
got her! That globe-trotting danger / threat to society, the infamous public
enemy Lindsey Lohan. Guess she couldn’t cough up that direct or indirect bribe.
How pathetic these corrupt, kangaroo courts are! If only she was a drug dealer,
armed robber, etc., she would have had the pre-paid connections to avoid this
preposterous (known substantial criminals walk about freely, without fear)
outcome. This, even as they are releasing substantial felons owing to budgetary
considerations. ]
ABOLISH THE CORRUPT,
ECONOMICALLY WASTEFUL SO-CALLED SYSTEM, FROM MY DIRECT OBSERVATION AND
EXPERIENCE . (PREVIOUSLY ARCHIVED) HOWEVER, THIS LATEST
"CALIFORNIA/LA DISTRACTION" REQUIRES ELUCIDATION AS FOLLOWS:
·
Response
to App. Div. OSC
·
STATE
OF CALIFORNIA ethics complaint
·
Response to
Sup.Ct. OSC
·
designation
of record on appeal
·
The so-called
"order" appealed from.
How embarrassing for the superior court of the state of california!
·
Typical
corrupt banana republic america/california court
Dirty
money digitally laundered … a wall street, atlantic city, and american story …
a very bad one and [also see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
Fraud:
It’s Much Bigger Than Goldman Sachs Regulatory
reform debate obscures key fact: Everybody’s getting money bribes from Wall
Street
Blagojevich calls feds 'cowards and liars'…[Yes. This is a rare
moment for one to say that a sleazy hypocrite like blago, who is on corrupt
federale-connected mobster trump’s celebrity apprentice, happens to be correct
based upon facts / reality and my own direct observation and experience and the
law – Don’t forget to include corrupt federal judges as maryanne trump barry,
sam alito, shiff, matz, hall, underhill, dorsey, etc.. Defacto bankrupt
america’s so-called system is pervasively corrupt and broken] (AP)
[Abolish the corrupt, costly, economically wasteful
lifetime extravagantly appointed federal courts - see RICO case [ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]
Go to following pages for
above links:
http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com
http://www.albertpeia.com/alresume.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
You may post a comment on my blog on any topic: http://alpeiablog.blogspot.com
Drudgereport:
KRUGMAN:
'We are now, I fear, in the early stages of a third depression'...
STOCKS HIT LOWEST OF YEAR...
DEBT
SOARS TO HIGHEST LEVEL SINCE WWII...
PRIVATE SECTOR SEES WEAKER JUNE JOBS...
Sputtering...
Bilderberg
2010: Between the sword and the wall...
Protesters
'being detained, searched, questioned'...
Final
List of Participants...
Stephen Hawking: Aliens exist but don't talk to them --
it's too dangerous … might not like us… Oh pshaw! … Human nature, man’s
inhumanity to man? … Such humble beginnings and evolutionary history …
What’s not to like? … Besides, not to worry. With their advanced
technologies that defy human understanding, the aliens already know you’re here
… to stay. So, not to worry. After all, as we know from that documentary of
that same name, ‘Earth Girls Are Easy’ … and then there’s photosynthesis on
earth in a very big way also going for it! ...
Seeing
Aliens Will Likely Take Centuries. Centuries? Not goin’ to happen; at best,
decades.